# EDGAR Filing Document

**Accession Number:** 0001084380
**File Stem:** 0001193125-25-155967
**Filing Date:** 2025-7
**Character Count:** 1700527
**Document Hash:** 269b8ecade7e01a7c86ed8271ff427f2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-25-155967.hdr.sgml**: 20250707

**ACCESSION NUMBER**: 0001193125-25-155967

**CONFORMED SUBMISSION TYPE**: N-CSRS

**PUBLIC DOCUMENT COUNT**: 195

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250707

**DATE AS OF CHANGE**: 20250707

**EFFECTIVENESS DATE**: 20250707

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TIAA-CREF FUNDS
- **CENTRAL INDEX KEY:** 0001084380

**ORGANIZATION NAME:**
- **EIN:** 134055167
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** N-CSRS
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09301
- **FILM NUMBER:** 251107239

**BUSINESS ADDRESS:**
- **STREET 1:** 730 THIRD AVE.
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** 2129166746

**MAIL ADDRESS:**
- **STREET 1:** 730 THIRD AVE.
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TIAA CREF INSTITUTIONAL MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 19990415

## Series and Classes Contracts Data

### Nuveen Equity Index Fund (Series ID: S000005360)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000014611 | Class R6         | TIEIX           |
| C000033987 | Retirement Class | TIQRX           |
| C000033988 | Class A          | TINRX           |
| C000079551 | Premier Class    | TCEPX           |
| C000162542 | Class I          | TEIHX           |
| C000202742 | Class W          | TEQWX           |

### Nuveen S&P 500 Index Fund (Series ID: S000005361)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000014612 | Class R6         | TISPX           |
| C000014613 | Retirement Class | TRSPX           |
| C000162543 | Class I          | TISAX           |
| C000202743 | Class W          | TISWX           |

### Nuveen Small Cap Blend Index Fund (Series ID: S000005367)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000014624 | Class R6         | TISBX           |
| C000014625 | Retirement Class | TRBIX           |
| C000162544 | Class I          | TRHBX           |
| C000202744 | Class W          | TRHWX           |

### Nuveen International Equity Index Fund (Series ID: S000005368)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000014626 | Class R6         | TCIEX           |
| C000014627 | Retirement Class | TRIEX           |
| C000079552 | Premier Class    | TRIPX           |
| C000162545 | Class I          | TCIHX           |
| C000202745 | Class W          | TCIWX           |

### Nuveen Core Equity Fund (Series ID: S000005370)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000014631 | Class R6         | TIGRX           |
| C000014632 | Retirement Class | TRGIX           |
| C000033989 | Class A          | TIIRX           |
| C000079554 | Premier Class    | TRPGX           |
| C000162547 | Class I          | TGIHX           |
| C000202746 | Class W          | TGIWX           |

### Nuveen Large Cap Responsible Equity Fund (Series ID: S000005371)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000014633 | Class R6         | TISCX           |
| C000014634 | Retirement Class | TRSCX           |
| C000033990 | Class A          | TICRX           |
| C000079555 | Premier Class    | TRPSX           |
| C000162548 | Class I          | TICHX           |

### Nuveen International Equity Fund (Series ID: S000005381)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000014645 | Class R6         | TIIEX           |
| C000014646 | Retirement Class | TRERX           |
| C000033996 | Class A          | TIERX           |
| C000079565 | Premier Class    | TREPX           |
| C000162558 | Class I          | TIEHX           |
| C000202750 | Class W          | TIEWX           |

### Nuveen Large Cap Value Fund (Series ID: S000005383)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000014648 | Class R6         | TRLIX           |
| C000014649 | Class A          | TCLCX           |
| C000014650 | Retirement Class | TRLCX           |
| C000079567 | Premier Class    | TRCPX           |
| C000162560 | Class I          | TRLHX           |
| C000202751 | Class W          | TRLWX           |

### Nuveen Quant Mid Cap Growth Fund (Series ID: S000005384)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000014651 | Class R6         | TRPWX           |
| C000014652 | Class A          | TCMGX           |
| C000014653 | Retirement Class | TRGMX           |
| C000079568 | Premier Class    | TRGPX           |
| C000162561 | Class I          | TCMHX           |

### Nuveen Mid Cap Value Fund (Series ID: S000005385)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000014654 | Class R6         | TIMVX           |
| C000014655 | Class A          | TCMVX           |
| C000014656 | Retirement Class | TRVRX           |
| C000079569 | Premier Class    | TRVPX           |
| C000162562 | Class I          | TRVHX           |

### Nuveen Quant Small Cap Equity Fund (Series ID: S000005386)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000014657 | Class R6         | TISEX           |
| C000014658 | Class A          | TCSEX           |
| C000014659 | Retirement Class | TRSEX           |
| C000079570 | Premier Class    | TSRPX           |
| C000162563 | Class I          | TSCHX           |
| C000202752 | Class W          | TSCWX           |

### Nuveen Large Cap Growth Index Fund (Series ID: S000005387)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000014660 | Class R6         | TILIX           |
| C000014661 | Retirement Class | TRIRX           |
| C000162564 | Class I          | TRIHX           |
| C000202753 | Class W          | TRIWX           |

### Nuveen Large Cap Value Index Fund (Series ID: S000005388)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000014662 | Class R6         | TILVX           |
| C000014663 | Retirement Class | TRCVX           |
| C000162565 | Class I          | THCVX           |
| C000202754 | Class W          | THCWX           |

### Nuveen Large Cap Growth Fund (Series ID: S000012197)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000033280 | Class A          | TIRTX           |
| C000033281 | Retirement Class | TILRX           |
| C000033282 | Class R6         | TILGX           |
| C000079573 | Premier Class    | TILPX           |
| C000162568 | Class I          | TILHX           |
| C000202757 | Class W          | TILWX           |

### Nuveen Emerging Markets Equity Fund (Series ID: S000029604)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000090850 | Class A          | TEMRX           |
| C000090851 | Retirement Class | TEMSX           |
| C000090852 | Premier Class    | TEMPX           |
| C000090853 | Class R6         | TEMLX           |
| C000162588 | Class I          | TEMHX           |
| C000202763 | Class W          | TEMVX           |

### Nuveen Emerging Markets Equity Index Fund (Series ID: S000029605)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000090854 | Class A          | TEQKX           |
| C000090855 | Retirement Class | TEQSX           |
| C000090856 | Premier Class    | TEQPX           |
| C000090857 | Class R6         | TEQLX           |
| C000162589 | Class I          | TEQHX           |
| C000202764 | Class W          | TENWX           |

### Nuveen International Opportunities Fund (Series ID: S000040206)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000124962 | Class R6         | TIOIX           |
| C000124963 | Premier Class    | TIOPX           |
| C000124964 | Class A          | TIOSX           |
| C000124965 | Retirement Class | TIOTX           |
| C000162599 | Class I          | TIOHX           |
| C000202765 | Class W          | TIOVX           |

### Nuveen Emerging Markets Debt Fund (Series ID: S000046660)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000145608 | Class R6         | TEDNX           |
| C000145609 | Premier Class    | TEDPX           |
| C000145610 | Class A          | TEDLX           |
| C000145611 | Retirement Class | TEDTX           |
| C000162600 | Class I          | TEDHX           |
| C000202766 | Class W          | TEDVX           |

### Nuveen International Responsible Equity Fund (Series ID: S000050279)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000158754 | Class R6         | TSONX           |
| C000158755 | Premier Class    | TSOPX           |
| C000158756 | Class A          | TSORX           |
| C000158757 | Retirement Class | TSOEX           |
| C000162604 | Class I          | TSOHX           |

### Nuveen International Bond Fund (Series ID: S000054622)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000171516 | Class I          | TIBNX           |
| C000171517 | Class R6         | TIBWX           |
| C000171518 | Premier Class    | TIBLX           |
| C000171519 | Class A          | TIBEX           |
| C000171520 | Retirement Class | TIBVX           |
| C000202768 | Class W          | TIBUX           |

### Nuveen Quant Small/Mid Cap Equity Fund (Series ID: S000054623)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000171521 | Retirement Class | TSMOX           |
| C000171522 | Class I          | TSMNX           |
| C000171523 | Class R6         | TSMWX           |
| C000171524 | Premier Class    | TSMMX           |
| C000171525 | Class A          | TSMEX           |
| C000202769 | Class W          | TSMUX           |

### Nuveen Quant International Small Cap Equity Fund (Series ID: S000055721)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000175453 | Class I          | TAISX           |
| C000175454 | Class R6         | TIISX           |
| C000175455 | Premier Class    | TPISX           |
| C000175456 | Class A          | TLISX           |
| C000175457 | Retirement Class | TTISX           |
| C000202770 | Class W          | TAIWX           |

?xml version='1.0' encoding='ASCII'? N-CSRS

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

### FORM N-CSR

### CERTIFIED SHAREHOLDER REPORT OF REGISTERED

### MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number   <u>811-09301</u>

TIAA-CREF Funds

(Exact name of registrant as specified in charter)

730 Third Avenue

New York, New York 10017-3206

(Address of principal executive offices) (Zip code)

Jeremy D. Franklin, Esq.

TIAA-CREF Funds

8500 Andrew Carnegie Boulevard

Charlotte, North Carolina 28262

(Name and address of agent for service)

Registrant's telephone number, including area code: (<u>800) 842-2733</u>

Date of fiscal year end: <u>October</u> <u>31</u>

Date of reporting period: <u>April 30, 2025</u>

------

Item 1. Reports to Stockholders.

------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Core Equity Fund

Class A Shares/TIIRX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class A Shares of the Nuveen Core Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $33 | 0.69% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6422803047 |
|  Total number of portfolio holdings | 65 |
|  Portfolio turnover (%) | 57% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g25n70.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 886315761_SAR_0425<br> 4457121 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Core Equity Fund

Class I Shares/TGIHX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen Core Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of <br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $19 | 0.40% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 6422803047 |
|  Total number of portfolio holdings |  | 65 |
|  Portfolio turnover (%) |  | 57% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g33d49.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R185_SAR_0425<br> 4457121 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Core Equity Fund

Premier Class Shares/TRPGX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Premier Class Shares of the Nuveen Core Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $27 | 0.55% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6422803047 |
|  Total number of portfolio holdings | 65 |
|  Portfolio turnover (%) | 57% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g86r16.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245M103_SAR_0425<br> 4457121 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Core Equity Fund

Class R6 Shares/TIGRX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen Core Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $19 | 0.40% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6422803047 |
|  Total number of portfolio holdings | 65 |
|  Portfolio turnover (%) | 57% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g66t91.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information    •  fund holdings    •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W409_SAR_0425<br> 4457121 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Core Equity Fund

Retirement Class Shares/TRGIX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Core Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $32 | 0.65% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 6422803047 |
|  Total number of portfolio holdings |  | 65 |
|  Portfolio turnover (%) |  | 57% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g25e74.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information    •  fund holdings    •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W763_SAR_0425<br> 4457121 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Core Equity Fund

Class W Shares/TGIWX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class W Shares of the Nuveen Core Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of <br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6422803047 |
|  Total number of portfolio holdings | 65 |
|  Portfolio turnover (%) | 57% |

---

What did the Fund invest in? (as of April 30, 2025)

. ![LOGO](g948633g1g59j66.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245P197_SAR_0425<br> 4457121 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Large Cap Growth Fund

Class A Shares/TIRTX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class A Shares of the Nuveen Large Cap Growth Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $34 | 0.70% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $5716110940 |
|  Total number of portfolio holdings | 62 |
|  Portfolio turnover (%) | 23% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g01v19.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W342_SAR_0425<br> 4457135 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Large Cap Growth Fund

Class I Shares/TILHX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen Large Cap Growth Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of <br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $20 | 0.41% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $5716110940 |
|  Total number of portfolio holdings | 62 |
|  Portfolio turnover (%) | 23% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g05g03.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245R177_SAR_0425<br> 4457135 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Large Cap Growth Fund

Premier Class Shares/TILPX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Premier Class Shares of the Nuveen Large Cap Growth Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $28 | 0.56% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $5716110940 |
|  Total number of portfolio holdings | 62 |
|  Portfolio turnover (%) | 23% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g00y49.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M574_SAR_0425<br> 4457135 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Large Cap Growth Fund

Class R6 Shares/TILGX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen Large Cap Growth Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br>**$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $20 | 0.41% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $5716110940 |
|  Total number of portfolio holdings | 62 |
|  Portfolio turnover (%) | 23% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g05v26.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W334_SAR_0425<br> 4457135 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Large Cap Growth Fund

Retirement Class Shares/TILRX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Large Cap Growth Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $32 | 0.66% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $5716110940 |
|  Total number of portfolio holdings | 62 |
|  Portfolio turnover (%) | 23% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g52b91.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87244W326_SAR_0425<br> 4457135 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Large Cap Growth Fund

Class W Shares/TILWX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class W Shares of the Nuveen Large Cap Growth Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $5716110940 |
|  Total number of portfolio holdings | 62 |
|  Portfolio turnover (%) | 23% |

---

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

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g50i99.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245P189_SAR_0425<br> 4457135 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Large Cap Value Fund

Class A Shares/TCLCX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class A Shares of the Nuveen Large Cap Value Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $35 | 0.71% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6204171217 |
|  Total number of portfolio holdings | 82 |
|  Portfolio turnover (%) | 7% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g87f43.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information    •  fund holdings    •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W466_SAR_0425<br> 4457140 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Large Cap Value Fund

Class I Shares/TRLHX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen Large Cap Value Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of <br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $21 | 0.43% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6204171217 |
|  Total number of portfolio holdings | 82 |
|  Portfolio turnover (%) | 7% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g02o54.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245R169_SAR_0425<br> 4457140 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Large Cap Value Fund

Premier Class Shares/TRCPX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Premier Class Shares of the Nuveen Large Cap Value Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at

https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $27 | 0.55% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6204171217 |
|  Total number of portfolio holdings | 82 |
|  Portfolio turnover (%) | 7% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g96p63.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M566_SAR_0425<br> 4457140 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Large Cap Value Fund

Class R6 Shares/TRLIX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen Large Cap Value Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $20 | 0.40% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6204171217 |
|  Total number of portfolio holdings | 82 |
|  Portfolio turnover (%) | 7% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g85x46.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W730_SAR_0425<br> 4457140 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br>Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Large Cap Value Fund

Retirement Class Shares/TRLCX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Large Cap Value Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $32 | 0.65% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6204171217 |
|  Total number of portfolio holdings | 82 |
|  Portfolio turnover (%) | 7% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g73e87.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information    •  fund holdings    •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W722_SAR_0425<br> 4457140 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Large Cap Value Fund

Class W Shares/TRLWX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class W Shares of the Nuveen Large Cap Value Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6204171217 |
|  Total number of portfolio holdings | 82 |
|  Portfolio turnover (%) | 7% |

---

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

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g38t55.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245P171_SAR_0425<br> 4457140 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Quant Mid Cap Growth Fund

(Formerly known as Nuveen Mid Cap Growth Fund)

Class A Shares/TCMGX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class A Shares of the Nuveen Quant Mid Cap Growth Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $41 | 0.82% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $805174188 |
|  Total number of portfolio holdings | 101 |
|  Portfolio turnover (%) | 96% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g32c78.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information    •  fund holdings    •  proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87244W870_SAR_0425<br> 4457150 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Quant Mid Cap Growth Fund

(Formerly known as Nuveen Mid Cap Growth Fund)

Class I Shares/TCMHX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen Quant Mid Cap Growth Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of <br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $29 | 0.58% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $805174188 |
|  Total number of portfolio holdings | 101 |
|  Portfolio turnover (%) | 96% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g89w59.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245R151_SAR_0425<br> 4457150 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Quant Mid Cap Growth Fund

(Formerly known as Nuveen Mid Cap Growth Fund)

Premier Class Shares/TRGPX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Premier Class Shares of the Nuveen Quant Mid Cap Growth Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at

https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $32 | 0.65% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $805174188 |
|  Total number of portfolio holdings | 101 |
|  Portfolio turnover (%) | 96% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g47g93.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M558_SAR_0425<br> 4457150 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Quant Mid Cap Growth Fund

(Formerly known as Nuveen Mid Cap Growth Fund)

Class R6 Shares/TRPWX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen Quant Mid Cap Growth Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $25 | 0.50% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $805174188 |
|  Total number of portfolio holdings | 101 |
|  Portfolio turnover (%) | 96% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g10l01.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus    •  financial statements and other information    •  fund holdings    •  proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87244W805_SAR_0425<br> 4457150 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Quant Mid Cap Growth Fund

(Formerly known as Nuveen Mid Cap Growth Fund)

Retirement Class Shares/TRGMX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Quant Mid Cap Growth Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $37 | 0.75% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $805174188 |
|  Total number of portfolio holdings | 101 |
|  Portfolio turnover (%) | 96% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g29t35.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information    •  fund holdings    •  proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87244W888_SAR_0425<br> 4457150 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Mid Cap Value Fund

Class A Shares/TCMVX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class A Shares of the Nuveen Mid Cap Value Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $38 | 0.78% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1627400149 |
|  Total number of portfolio holdings | 72 |
|  Portfolio turnover (%) | 17% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g68x18.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings    •  proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87244W847_SAR_0425<br> 4457159 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Mid Cap Value Fund

Class I Shares/TRVHX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen Mid Cap Value Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of <br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $23 | 0.47% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1627400149 |
|  Total number of portfolio holdings | 72 |
|  Portfolio turnover (%) | 17% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g61t58.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245R144_SAR_0425<br> 4457159 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Mid Cap Value Fund

Premier Class Shares/TRVPX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Premier Class Shares of the Nuveen Mid Cap Value Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $30 | 0.61% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1627400149 |
|  Total number of portfolio holdings | 72 |
|  Portfolio turnover (%) | 17% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g26z97.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M541_SAR_0425<br> 4457159 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Mid Cap Value Fund

Class R6 Shares/TIMVX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen Mid Cap Value Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $22 | 0.46% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1627400149 |
|  Total number of portfolio holdings | 72 |
|  Portfolio turnover (%) | 17% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g10v07.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information    •  fund holdings    •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W862_SAR_0425<br> 4457159 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Mid Cap Value Fund

Retirement Class Shares/TRVRX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Mid Cap Value Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $34 | 0.71% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1627400149 |
|  Total number of portfolio holdings | 72 |
|  Portfolio turnover (%) | 17% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g92o42.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus    •  financial statements and other information    •  fund holdings    •   proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87244W854_SAR_0425<br> 4457159 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Quant Small Cap Equity Fund

Class A Shares/TCSEX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class A Shares of the Nuveen Quant Small Cap Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $36 | 0.76% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $3067647485 |
|  Total number of portfolio holdings | 383 |
|  Portfolio turnover (%) | 32% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g02n67.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information   •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87244W813_SAR_0425<br> 4457167 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br>Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Quant Small Cap Equity Fund

Class I Shares/TSCHX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen Quant Small Cap Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of <br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $20 | 0.42% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $3067647485 |
|  Total number of portfolio holdings | 383 |
|  Portfolio turnover (%) | 32% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g22q02.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245R136_SAR_0425<br> 4457167 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br>Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Quant Small Cap Equity Fund

Premier Class Shares/TSRPX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Premier Class Shares of the Nuveen Quant Small Cap Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $27 | 0.56% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $3067647485 |
|  Total number of portfolio holdings | 383 |
|  Portfolio turnover (%) | 32% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g94m14.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M533_SAR_0425<br> 4457167 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br>Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Quant Small Cap Equity Fund

Class R6 Shares/TISEX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen Quant Small Cap Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $20 | 0.41% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $3067647485 |
|  Total number of portfolio holdings | 383 |
|  Portfolio turnover (%) | 32% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g98p77.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information   •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87244W839_SAR_0425<br> 4457167 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Quant Small Cap Equity Fund

Retirement Class Shares/TRSEX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Quant Small Cap Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $32 | 0.66% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $3067647485 |
|  Total number of portfolio holdings | 383 |
|  Portfolio turnover (%) | 32% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g25p68.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information   •  fund holdings  •  proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87244W821_SAR_0425<br> 4457167 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Quant Small Cap Equity Fund

Class W Shares/TSCWX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class W Shares of the Nuveen Quant Small Cap Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $3067647485 |
|  Total number of portfolio holdings | 383 |
|  Portfolio turnover (%) | 32% |

---

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

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g07i73.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245P148_SAR_0425<br> 4457167 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Quant Small/Mid Cap Equity Fund

Class A Shares/TSMEX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class A Shares of the Nuveen Quant Small/Mid Cap Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of <br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $38 | 0.79% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 1395076305 |
|  Total number of portfolio holdings |  | 356 |
|  Portfolio turnover (%) |  | 41% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g91k57.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245P544_SAR_0425<br> 4457178 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Quant Small/Mid Cap Equity Fund

Class I Shares/TSMNX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen Quant Small/Mid Cap Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of <br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $27 | 0.55% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1395076305 |
|  Total number of portfolio holdings | 356 |
|  Portfolio turnover (%) | 41% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g19v68.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245P577_SAR_0425<br> 4457178 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Quant Small/Mid Cap Equity Fund

Premier Class Shares/TSMMX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Premier Class Shares of the Nuveen Quant Small/Mid Cap Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of <br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $32 | 0.65% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1395076305 |
|  Total number of portfolio holdings | 356 |
|  Portfolio turnover (%) | 41% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g06v66.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245P569_SAR_0425<br> 4457178 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Quant Small/Mid Cap Equity Fund

Class R6 Shares/TSMWX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen Quant Small/Mid Cap Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of <br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $23 | 0.48% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1395076305 |
|  Total number of portfolio holdings | 356 |
|  Portfolio turnover (%) | 41% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g58g28.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245P585_SAR_0425<br> 4457178 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Quant Small/Mid Cap Equity Fund

Retirement Class Shares/TSMOX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Quant Small/Mid Cap Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of <br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $34 | 0.70% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1395076305 |
|  Total number of portfolio holdings | 356 |
|  Portfolio turnover (%) | 41% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g00k93.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245P551_SAR_0425<br> 4457178 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Quant Small/Mid Cap Equity Fund

Class W Shares/TSMUX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class W Shares of the Nuveen Quant Small/Mid Cap Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1395076305 |
|  Total number of portfolio holdings | 356 |
|  Portfolio turnover (%) | 41% |

---

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

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g95w07.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245P130_SAR_0425<br> 4457178 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br>Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Large Cap Responsible Equity Fund

Class A Shares/TICRX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class A Shares of the Nuveen Large Cap Responsible Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $23 | 0.46% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6207056670 |
|  Total number of portfolio holdings | 128 |
|  Portfolio turnover (%) | 28% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g21r89.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 886315738_SAR_0425<br> 4457189 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Large Cap Responsible Equity Fund

Class I Shares/TICHX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen Large Cap Responsible Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of <br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $9 | 0.19% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6207056670 |
|  Total number of portfolio holdings | 128 |
|  Portfolio turnover (%) | 28% |

---

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

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g50m59.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245R128_SAR_0425<br> 4457189 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Large Cap Responsible Equity Fund

Premier Class Shares/TRPSX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Premier Class Shares of the Nuveen Large Cap Responsible Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $16 | 0.32% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6207056670 |
|  Total number of portfolio holdings | 128 |
|  Portfolio turnover (%) | 28% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g94w10.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245M517_SAR_0425<br> 4457189 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br>Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Large Cap Responsible Equity Fund

Class R6 Shares/TISCX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen Large Cap Responsible Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $8 | 0.17% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6207056670 |
|  Total number of portfolio holdings | 128 |
|  Portfolio turnover (%) | 28% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g41i91.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information    •  fund holdings    •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W300_SAR_0425<br> 4457189 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br>Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Large Cap Responsible Equity Fund

Retirement Class Shares/TRSCX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Large Cap Responsible Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $21 | 0.42% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 6207056670 |
|  Total number of portfolio holdings |  | 128 |
|  Portfolio turnover (%) |  | 28% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g93h28.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus    •  financial statements and other information    •  fund holdings    •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W755_SAR_0425<br> 4457189 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Emerging Markets Equity Fund

Class A Shares/TEMRX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class A Shares of the Nuveen Emerging Markets Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $63 | 1.28% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1552692850 |
|  Total number of portfolio holdings | 69 |
|  Portfolio turnover (%) | 55% |

---

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g32m67.jpg)

![LOGO](g948633g1g14g10.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245M293_SAR_0425<br> 4457199 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Emerging Markets Equity Fund

Class I Shares/TEMHX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen Emerging Markets Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of <br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $51 | 1.04% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1552692850 |
|  Total number of portfolio holdings | 69 |
|  Portfolio turnover (%) | 55% |

---

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g82w65.jpg)

![LOGO](g948633g1g95r54.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245R375_SAR_0425<br> 4457199 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Emerging Markets Equity Fund

Premier Class Shares/TEMPX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Premier Class Shares of the Nuveen Emerging Markets Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $52 | 1.05% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1552692850 |
|  Total number of portfolio holdings | 69 |
|  Portfolio turnover (%) | 55% |

---

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g59k67.jpg)

![LOGO](g948633g1g95s25.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245M277_SAR_0425<br> 4457199 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Emerging Markets Equity Fund

Class R6 Shares/TEMLX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen Emerging Markets Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $44 | 0.90% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1552692850 |
|  Total number of portfolio holdings | 69 |
|  Portfolio turnover (%) | 55% |

---

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g74g91.jpg)

![LOGO](g948633g1g67i39.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245M269_SAR_0425<br> 4457199 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Emerging Markets Equity Fund

Retirement Class Shares/TEMSX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Emerging Markets Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $57 | 1.15% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1552692850 |
|  Total number of portfolio holdings | 69 |
|  Portfolio turnover (%) | 55% |

---

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g14g09.jpg)

![LOGO](g948633g1g94z49.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245M285_SAR_0425<br> 4457199 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Emerging Markets Equity Fund

Class W Shares/TEMVX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class W Shares of the Nuveen Emerging Markets Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1552692850 |
|  Total number of portfolio holdings | 69 |
|  Portfolio turnover (%) | 55% |

---

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

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g97p50.jpg)

![LOGO](g948633g1g96d70.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87249N107_SAR_0425<br> 4457199 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen International Equity Fund

Class A Shares/TIERX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class A Shares of the Nuveen International Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $41 | 0.80% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6408515103 |
|  Total number of portfolio holdings | 70 |
|  Portfolio turnover (%) | 17% |

---

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g01m80.jpg)

![LOGO](g948633g1g52j54.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 886315779_SAR_0425<br> 4457202 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen International Equity Fund

Class I Shares/TIEHX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen International Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of <br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $27 | 0.52% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6408515103 |
|  Total number of portfolio holdings | 70 |
|  Portfolio turnover (%) | 17% |

---

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g20k34.jpg)

![LOGO](g948633g1g15n80.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245R342_SAR_0425<br> 4457202 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen International Equity Fund

Premier Class Shares/TREPX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Premier Class Shares of the Nuveen International Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $31 | 0.61% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6408515103 |
|  Total number of portfolio holdings | 70 |
|  Portfolio turnover (%) | 17% |

---

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g16j38.jpg)

![LOGO](g948633g1g56l82.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245M582_SAR_0425<br> 4457202 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen International Equity Fund

Class R6 Shares/TIIEX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen International Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $24 | 0.46% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 6408515103 |
|  Total number of portfolio holdings |  | 70 |
|  Portfolio turnover (%) |  | 17% |

---

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g91a91.jpg)

![LOGO](g948633g1g91b91.jpg)

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information    •  fund holdings    •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W102_SAR_0425<br> 4457202 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen International Equity Fund

Retirement Class Shares/TRERX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen International Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $37 | 0.71% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 6408515103 |
|  Total number of portfolio holdings |  | 70 |
|  Portfolio turnover (%) |  | 17% |

---

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g88z45.jpg)

![LOGO](g948633g1g56c27.jpg)

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information    •  fund holdings    •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87244W748_SAR_0425<br> 4457202 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen International Equity Fund

Class W Shares/TIEWX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class W Shares of the Nuveen International Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $6408515103 |
|  Total number of portfolio holdings | 70 |
|  Portfolio turnover (%) | 17% |

---

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g79o94.jpg)

![LOGO](g948633g1g39h01.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87249N305_SAR_0425<br> 4457202 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen International Opportunities Fund

Class A Shares/TIOSX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class A Shares of the Nuveen International Opportunities Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $53 | 1.05% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $2281969361 |
|  Total number of portfolio holdings | 76 |
|  Portfolio turnover (%) | 29% |

---

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g96b35.jpg)

![LOGO](g948633g1g11w94.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245R664_SAR_0425<br> 4457209 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen International Opportunities Fund

Class I Shares/TIOHX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen International Opportunities Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of <br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $33 | 0.66% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $2281969361 |
|  Total number of portfolio holdings | 76 |
|  Portfolio turnover (%) | 29% |

---

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g67g37.jpg)

![LOGO](g948633g1g61n73.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245R334_SAR_0425<br> 4457209 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen International Opportunities Fund

Premier Class Shares/TIOPX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Premier Class Shares of the Nuveen International Opportunities Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $38 | 0.76% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $2281969361 |
|  Total number of portfolio holdings | 76 |
|  Portfolio turnover (%) | 29% |

---

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g28w56.jpg)

![LOGO](g948633g1g59m97.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245R649_SAR_0425<br> 4457209 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen International Opportunities Fund

Class R6 Shares/TIOIX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen International Opportunities Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $30 | 0.60% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $2281969361 |
|  Total number of portfolio holdings | 76 |
|  Portfolio turnover (%) | 29% |

---

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g11v55.jpg)

![LOGO](g948633g1g01v55.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245R631_SAR_0425<br> 4457209 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen International Opportunities Fund

Retirement Class Shares/TIOTX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen International Opportunities Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $43 | 0.85% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $2281969361 |
|  Total number of portfolio holdings | 76 |
|  Portfolio turnover (%) | 29% |

---

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g73m36.jpg)

![LOGO](g948633g1g14y91.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R656_SAR_0425<br> 4457209 | <br> ![LOGO](g948633g1g85u20.jpg)  |

---

2.0 &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen International Opportunities Fund

Class W Shares/TIOVX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class W Shares of the Nuveen International Opportunities Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $2281969361 |
|  Total number of portfolio holdings | 76 |
|  Portfolio turnover (%) | 29% |

---

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

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g76j30.jpg)

![LOGO](g948633g1g56d35.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87249N404_SAR_0425<br> 4457209 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Quant International Small Cap Equity Fund

Class A Shares/TLISX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class A Shares of the Nuveen Quant International Small Cap Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of <br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $56 | 1.08% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1195949832 |
|  Total number of portfolio holdings | 495 |
|  Portfolio turnover (%) | 59% |

---

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g03g27.jpg)

![LOGO](g948633g1g77o83.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245P437_SAR_0425<br> 4457216 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Quant International Small Cap Equity Fund

Class I Shares/TAISX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen Quant International Small Cap Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of <br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $40 | 0.77% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 1195949832 |
|  Total number of portfolio holdings |  | 495 |
|  Portfolio turnover (%) |  | 59% |

---

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g66g63.jpg)

![LOGO](g948633g1g21o08.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245P460_SAR_0425<br> 4457216 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Quant International Small Cap Equity Fund

Premier Class Shares/TPISX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Premier Class Shares of the Nuveen Quant International Small Cap Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of <br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $47 | 0.91% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1195949832 |
|  Total number of portfolio holdings | 495 |
|  Portfolio turnover (%) | 59% |

---

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g84e49.jpg)

![LOGO](g948633g1g42z87.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245P452_SAR_0425<br> 4457216 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Quant International Small Cap Equity Fund

Class R6 Shares/TIISX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen Quant International Small Cap Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of <br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $37 | 0.71% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1195949832 |
|  Total number of portfolio holdings | 495 |
|  Portfolio turnover (%) | 59% |

---

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g42g85.jpg)

![LOGO](g948633g1g44l92.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245P478_SAR_0425<br> 4457216 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Quant International Small Cap Equity Fund

Retirement Class Shares/TTISX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Quant International Small Cap Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of <br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $50 | 0.97% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1195949832 |
|  Total number of portfolio holdings | 495 |
|  Portfolio turnover (%) | 59% |

---

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g33p24.jpg)

![LOGO](g948633g1g26g79.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245P445_SAR_0425<br> 4457216 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Quant International Small Cap Equity Fund

Class W Shares/TAIWX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class W Shares of the Nuveen Quant International Small Cap Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $1 | 0.01% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1195949832 |
|  Total number of portfolio holdings | 495 |
|  Portfolio turnover (%) | 59% |

---

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

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g93l35.jpg)

![LOGO](g948633g1g84r72.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87249N503_SAR_0425<br> 4457216 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen International Responsible Equity Fund

Class A Shares/TSORX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class A Shares of the Nuveen International Responsible Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of <br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $34 | 0.65% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 1754264441 |
|  Total number of portfolio holdings |  | 261 |
|  Portfolio turnover (%) |  | 12% |

---

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g34l41.jpg)

![LOGO](g948633g1g69i34.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R516_SAR_0425<br> 4457226 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen International Responsible Equity Fund

Class I Shares/TSOHX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen International Responsible Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of <br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $16 | 0.30% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1754264441 |
|  Total number of portfolio holdings | 261 |
|  Portfolio turnover (%) | 12% |

---

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g12v87.jpg)

![LOGO](g948633g1g87n84.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245R326_SAR_0425<br> 4457226 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen International Responsible Equity Fund

Premier Class Shares/TSOPX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Premier Class Shares of the Nuveen International Responsible Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of <br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $23 | 0.45% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 1754264441 |
|  Total number of portfolio holdings |  | 261 |
|  Portfolio turnover (%) |  | 12% |

---

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g39j63.jpg)

![LOGO](g948633g1g86u99.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R482_SAR_0425<br> 4457226 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen International Responsible Equity Fund

Class R6 Shares/TSONX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen International Responsible Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $16 | 0.30% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $1754264441 |
|  Total number of portfolio holdings | 261 |
|  Portfolio turnover (%) | 12% |

---

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g19x20.jpg)

![LOGO](g948633g1g63k00.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  • financial statements and other information  • fund holdings  • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245R474_SAR_0425<br> 4457226 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen International Responsible Equity Fund

Retirement Class Shares/TSOEX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen International Responsible Equity Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of <br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $29 | 0.55% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 1754264441 |
|  Total number of portfolio holdings |  | 261 |
|  Portfolio turnover (%) |  | 12% |

---

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g82b27.jpg)

![LOGO](g948633g1g56k79.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R490_SAR_0425<br> 4457226 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Equity Index Fund

Class A Shares/TINRX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class A Shares of the Nuveen Equity Index Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $16 | 0.33% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 47690273880 |
|  Total number of portfolio holdings |  | 2670 |
|  Portfolio turnover (%) |  | 4% |

---

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

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g42m00.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 886315746_SAR_0425<br> 4457235 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Equity Index Fund

Class I Shares/TEIHX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen Equity Index Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $2 | 0.05% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $47690273880 |
|  Total number of portfolio holdings | 2670 |
|  Portfolio turnover (%) | 4% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g94o74.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245R276_SAR_0425<br> 4457235 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Equity Index Fund

Premier Class Shares/TCEPX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Premier Class Shares of the Nuveen Equity Index Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $9 | 0.19% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 47690273880 |
|  Total number of portfolio holdings |  | 2670 |
|  Portfolio turnover (%) |  | 4% |

---

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

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g89w94.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245M525_SAR_0425<br> 4457235 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Equity Index Fund

Class R6 Shares/TIEIX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen Equity Index Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $2 | 0.04% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 47690273880 |
|  Total number of portfolio holdings |  | 2670 |
|  Portfolio turnover (%) |  | 4% |

---

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

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g02a50.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87244W508_SAR_0425<br> 4457235 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Equity Index Fund

Retirement Class Shares/TIQRX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Equity Index Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $14 | 0.29% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 47690273880 |
|  Total number of portfolio holdings |  | 2670 |
|  Portfolio turnover (%) |  | 4% |

---

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

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g09m49.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 886315753_SAR_0425<br> 4457235 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Equity Index Fund

Class W Shares/TEQWX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class W Shares of the Nuveen Equity Index Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $47690273880 |
|  Total number of portfolio holdings | 2670 |
|  Portfolio turnover (%) | 4% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g22g26.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings    •  proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245P296_SAR_0425<br> 4457235 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Large Cap Growth Index Fund

Class I Shares/TRIHX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen Large Cap Growth Index Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $5 | 0.11% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $14528063774 |
|  Total number of portfolio holdings | 393 |
|  Portfolio turnover (%) | 7% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g14g02.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings    •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R292_SAR_0425<br> 4457240 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br>Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Large Cap Growth Index Fund

Class R6 Shares/TILIX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen Large Cap Growth Index Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $2 | 0.05% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 14528063774 |
|  Total number of portfolio holdings |  | 393 |
|  Portfolio turnover (%) |  | 7% |

---

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

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g39v39.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87244W680_SAR_0425<br> 4457240 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Large Cap Growth Index Fund

Retirement Class Shares/TRIRX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Large Cap Growth Index Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $15 | 0.30% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $14528063774 |
|  Total number of portfolio holdings | 393 |
|  Portfolio turnover (%) | 7% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g62m10.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87244W672_SAR_0425<br> 4457240 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Large Cap Value Index Fund

Class I Shares/THCVX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen Large Cap Value Index Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $6 | 0.12% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $10290031931 |
|  Total number of portfolio holdings | 873 |
|  Portfolio turnover (%) | 7% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g97y67.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus  •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245R284_SAR_0425<br> 4457250 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Large Cap Value Index Fund

Class R6 Shares/TILVX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen Large Cap Value Index Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $2 | 0.05% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 10290031931 |
|  Total number of portfolio holdings |  | 873 |
|  Portfolio turnover (%) |  | 7% |

---

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

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g43v43.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87244W664_SAR_0425<br> 4457250 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Large Cap Value Index Fund

Retirement Class Shares/TRCVX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Large Cap Value Index Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $15 | 0.30% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 10290031931 |
|  Total number of portfolio holdings |  | 873 |
|  Portfolio turnover (%) |  | 7% |

---

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

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g79h97.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87244W656_SAR_0425<br> 4457250 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen S&P 500 Index Fund

Class I Shares/TISAX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen S&P 500 Index Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $9 | 0.18% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $10245889540 |
|  Total number of portfolio holdings | 511 |
|  Portfolio turnover (%) | 2% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g79s16.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M145_SAR_0425<br> 4457257 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen S&P 500 Index Fund

Class R6 Shares/TISPX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen S&P 500 Index Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $2 | 0.05% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 10245889540 |
|  Total number of portfolio holdings |  | 511 |
|  Portfolio turnover (%) |  | 2% |

---

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

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g02a70.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87244W714_SAR_0425<br> 4457257 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br>Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen S&P 500 Index Fund

Retirement Class Shares/TRSPX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen S&P 500 Index Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $15 | 0.30% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $10245889540 |
|  Total number of portfolio holdings | 511 |
|  Portfolio turnover (%) | 2% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g51g54.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87244W698_SAR_0425<br> 4457257 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Small Cap Blend Index Fund

Class I Shares/TRHBX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen Small Cap Blend Index Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $2 | 0.05% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $2965481572 |
|  Total number of portfolio holdings | 1926 |
|  Portfolio turnover (%) | 2% |

---

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g35e42.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings    •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245M137_SAR_0425<br> 4457262 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Small Cap Blend Index Fund

Class R6 Shares/TISBX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen Small Cap Blend Index Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $2 | 0.05% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 2965481572 |
|  Total number of portfolio holdings |  | 1926 |
|  Portfolio turnover (%) |  | 2% |

---

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

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g03a10.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87244W573_SAR_0425<br> 4457262 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Small Cap Blend Index Fund

Retirement Class Shares/TRBIX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Small Cap Blend Index Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $14 | 0.30% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 2965481572 |
|  Total number of portfolio holdings |  | 1926 |
|  Portfolio turnover (%) |  | 2% |

---

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

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g47r97.jpg)

1 continued>>

------

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87244W565_SAR_0425<br> 4457262 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Emerging Markets Equity Index Fund

Class A Shares/TEQKX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class A Shares of the Nuveen Emerging Markets Equity Index Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $26 | 0.52% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 7161793516 |
|  Total number of portfolio holdings |  | 1217 |
|  Portfolio turnover (%) |  | 6% |

---

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

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g94j33.jpg)

![LOGO](g948633g1g51b64.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245M251_SAR_0425<br> 4457272 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Emerging Markets Equity Index Fund

Class I Shares/TEQHX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen Emerging Markets Equity Index Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $12 | 0.24% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $7161793516 |
|  Total number of portfolio holdings | 1217 |
|  Portfolio turnover (%) | 6% |

---

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g64c04.jpg)

![LOGO](g948633g1g40w57.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings    •  proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245M129_SAR_0425<br> 4457272 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Emerging Markets Equity Index Fund

Premier Class Shares/TEQPX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Premier Class Shares of the Nuveen Emerging Markets Equity Index Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $16 | 0.31% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 7161793516 |
|  Total number of portfolio holdings |  | 1217 |
|  Portfolio turnover (%) |  | 6% |

---

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

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g26h54.jpg)

![LOGO](g948633g1g15j23.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245M236_SAR_0425<br> 4457272 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Emerging Markets Equity Index Fund

Class R6 Shares/TEQLX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen Emerging Markets Equity Index Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $8 | 0.16% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 7161793516 |
|  Total number of portfolio holdings |  | 1217 |
|  Portfolio turnover (%) |  | 6% |

---

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

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g10l68.jpg)

![LOGO](g948633g1g25c69.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245M228_SAR_0425<br> 4457272 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Emerging Markets Equity Index Fund

Retirement Class Shares/TEQSX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Emerging Markets Equity Index Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $21 | 0.41% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 7161793516 |
|  Total number of portfolio holdings |  | 1217 |
|  Portfolio turnover (%) |  | 6% |

---

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

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g43r26.jpg)

![LOGO](g948633g1g59d24.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245M244_SAR_0425<br> 4457272 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Emerging Markets Equity Index Fund

Class W Shares/TENWX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class W Shares of the Nuveen Emerging Markets Equity Index Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $7161793516 |
|  Total number of portfolio holdings | 1217 |
|  Portfolio turnover (%) | 6% |

---

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g20y65.jpg)

![LOGO](g948633g1g71m78.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information    •  fund holdings    •  proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245P247_SAR_0425<br> 4457272 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen International Equity Index Fund

Class I Shares/TCIHX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen International Equity Index Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $9 | 0.18% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $29395824349 |
|  Total number of portfolio holdings | 711 |
|  Portfolio turnover (%) | 6% |

---

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g69j15.jpg)

![LOGO](g948633g1g61l41.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings    •  proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245M111_SAR_0425<br> 4457279 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen International Equity Index Fund

Premier Class Shares/TRIPX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Premier Class Shares of the Nuveen International Equity Index Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $10 | 0.20% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 29395824349 |
|  Total number of portfolio holdings |  | 711 |
|  Portfolio turnover (%) |  | 6% |

---

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

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g18y08.jpg)

![LOGO](g948633g1g75u91.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245M319_SAR_0425<br> 4457279 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen International Equity Index Fund

Class R6 Shares/TCIEX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen International Equity Index Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $3 | 0.05% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $29395824349 |
|  Total number of portfolio holdings | 711 |
|  Portfolio turnover (%) | 6% |

---

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

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g03b51.jpg)

![LOGO](g948633g1g03a50.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87244W516_SAR_0425<br> 4457279 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen International Equity Index Fund

Retirement Class Shares/TRIEX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen International Equity Index Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $16 | 0.30% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 29395824349 |
|  Total number of portfolio holdings |  | 711 |
|  Portfolio turnover (%) |  | 6% |

---

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

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g77c38.jpg)

![LOGO](g948633g1g46y07.jpg)

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87244W490_SAR_0425<br> 4457279 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen International Equity Index Fund

Class W Shares/TCIWX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class W Shares of the Nuveen International Equity Index Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | |
|:---|:---|
|  Fund net assets | $29395824349 |
|  Total number of portfolio holdings | 711 |
|  Portfolio turnover (%) | 6% |

---

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g68k49.jpg)

![LOGO](g948633g1g80d47.jpg)

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings    •  proxy voting information

You can also request this information at (800) 257-8787.

---

| | |
|:---|:---|
| 87245P239_SAR_0425<br> 4457279 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br>Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Emerging Markets Debt Fund

Class A Shares/TEDLX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class A Shares of the Nuveen Emerging Markets Debt Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $50 | 1.00% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 509695549 |
|  Total number of portfolio holdings |  | 356 |
|  Portfolio turnover (%) |  | 19% |

---

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

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g00a01.jpg)

![LOGO](g948633g1g00b01.jpg)

![LOGO](g948633g1g00c01.jpg)

<sup>(1)</sup> Credit quality ratings are based on the J.P Morgan methodology, which uses the middle rating of the S&P, Moody's and Fitch ratings to determine an instrument's rating category. When a rating from only two agencies is available, the lower is used; when only one agency rates a bond, that rating is used.

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245R623_SAR_0425<br> 4457090 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Emerging Markets Debt Fund

Class I Shares/TEDHX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen Emerging Markets Debt Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $35 | 0.69% |

---

\* Annualized for period less than one year.

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 509695549 |
|  Total number of portfolio holdings |  | 356 |
|  Portfolio turnover (%) |  | 19% |

---

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

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g00x04.jpg)

![LOGO](g948633g1g10y08.jpg)

![LOGO](g948633g1g47h17.jpg)

<sup>(1)</sup> Credit quality ratings are based on the J.P Morgan methodology, which uses the middle rating of the S&P, Moody's and Fitch ratings to determine an instrument's rating category. When a rating from only two agencies is available, the lower is used; when only one agency rates a bond, that rating is used.

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus   •  financial statements and other information   •  fund holdings   •  proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245R318_SAR_0425<br> 4457090 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Emerging Markets Debt Fund

Premier Class Shares/TEDPX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Premier Class Shares of the Nuveen Emerging Markets Debt Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $40 | 0.79% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 509695549 |
|  Total number of portfolio holdings |  | 356 |
|  Portfolio turnover (%) |  | 19% |

---

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

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g06z48.jpg)

![LOGO](g948633g1g87p64.jpg)

![LOGO](g948633g1g84o48.jpg)

<sup>(1)</sup> Credit quality ratings are based on the J.P Morgan methodology, which uses the middle rating of the S&P, Moody's and Fitch ratings to determine an instrument's rating category. When a rating from only two agencies is available, the lower is used; when only one agency rates a bond, that rating is used.

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245R599_SAR_0425<br> 4457090 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Emerging Markets Debt Fund

Class R6 Shares/TEDNX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen Emerging Markets Debt Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $31 | 0.61% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 509695549 |
|  Total number of portfolio holdings |  | 356 |
|  Portfolio turnover (%) |  | 19% |

---

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

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g48t04.jpg)

![LOGO](g948633g1g00w89.jpg)

![LOGO](g948633g1g44t37.jpg)

<sup>(1)</sup> Credit quality ratings are based on the J.P Morgan methodology, which uses the middle rating of the S&P, Moody's and Fitch ratings to determine an instrument's rating category. When a rating from only two agencies is available, the lower is used; when only one agency rates a bond, that rating is used.

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245R581_SAR_0425<br> 4457090 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Emerging Markets Debt Fund

Retirement Class Shares/TEDTX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen Emerging Markets Debt Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $43 | 0.86% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 509695549 |
|  Total number of portfolio holdings |  | 356 |
|  Portfolio turnover (%) |  | 19% |

---

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

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g09o03.jpg)

![LOGO](g948633g1g84g57.jpg)

![LOGO](g948633g1g56h11.jpg)

<sup>(1)</sup> Credit quality ratings are based on the J.P Morgan methodology, which uses the middle rating of the S&P, Moody's and Fitch ratings to determine an instrument's rating category. When a rating from only two agencies is available, the lower is used; when only one agency rates a bond, that rating is used.

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245R615_SAR_0425<br> 4457090 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen Emerging Markets Debt Fund

Class W Shares/TEDVX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class W Shares of the Nuveen Emerging Markets Debt Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses. You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 509695549 |
|  Total number of portfolio holdings |  | 356 |
|  Portfolio turnover (%) |  | 19% |

---

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

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g61m12.jpg)

![LOGO](g948633g1g24x60.jpg)

![LOGO](g948633g1g87j05.jpg)

<sup>(1)</sup> Credit quality ratings are based on the J.P Morgan methodology, which uses the middle rating of the S&P, Moody's and Fitch ratings to determine an instrument's rating category. When a rating from only two agencies is available, the lower is used; when only one agency rates a bond, that rating is used.

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87249N701_SAR_0425<br> 4457090 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen International Bond Fund

Class A Shares/TIBEX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class A Shares of the Nuveen International Bond Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class A Shares | $48 | 0.95% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 417067616 |
|  Total number of portfolio holdings |  | 464 |
|  Portfolio turnover (%) |  | 21% |

---

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

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g00a13.jpg)

![LOGO](g948633g1g00b13.jpg)

![LOGO](g948633g1g00a14.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245P486_SAR_0425<br> 4457104 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen International Bond Fund

Class I Shares/TIBNX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class I Shares of the Nuveen International Bond Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class I Shares | $31 | 0.62% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 417067616 |
|  Total number of portfolio holdings |  | 464 |
|  Portfolio turnover (%) |  | 21% |

---

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

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g40x11.jpg)

![LOGO](g948633g1g00k21.jpg)

![LOGO](g948633g1g26t00.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245P528_SAR_0425<br> 4457104 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen International Bond Fund

Premier Class Shares/TIBLX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Premier Class Shares of the Nuveen International Bond Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Premier Class Shares | $38 | 0.75% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 417067616 |
|  Total number of portfolio holdings |  | 464 |
|  Portfolio turnover (%) |  | 21% |

---

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

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g33w73.jpg)

![LOGO](g948633g1g29c86.jpg)

![LOGO](g948633g1g90z82.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245P510_SAR_0425<br> 4457104 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen International Bond Fund

Class R6 Shares/TIBWX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class R6 Shares of the Nuveen International Bond Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class R6 Shares | $30 | 0.60% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 417067616 |
|  Total number of portfolio holdings |  | 464 |
|  Portfolio turnover (%) |  | 21% |

---

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

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g76v05.jpg)

![LOGO](g948633g1g89c22.jpg)

![LOGO](g948633g1g24d06.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245P536_SAR_0425<br> 4457104 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br>Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen International Bond Fund

Retirement Class Shares/TIBVX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Retirement Class Shares of the Nuveen International Bond Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br>$10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Retirement Class Shares | $43 | 0.85% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 417067616 |
|  Total number of portfolio holdings |  | 464 |
|  Portfolio turnover (%) |  | 21% |

---

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

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g26w12.jpg)

![LOGO](g948633g1g97r19.jpg)

![LOGO](g948633g1g55p79.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

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

---

| | |
|:---|:---|
| 87245P494_SAR_0425<br> 4457104 | ![LOGO](g948633g1g85u20.jpg) |

---

2.0 ------

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> ![LOGO](g948633g1g19w55.jpg) | <br> Semi-Annual Shareholder Report <br>April 30, 2025  |

---

Nuveen International Bond Fund

Class W Shares/TIBUX

Semi-Annual Shareholder Report

This semi-annual shareholder report contains important information about the Class W Shares of the Nuveen International Bond Fund for the period of November 1, 2024 to April 30, 2025. You can find additional information at https://www.nuveen.com/en-us/mutual-funds/prospectuses**.** You can also request this information by contacting us at (800) 257-8787.

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

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

---

| | | |
|:---|:---|:---|
|  | **Cost of a** <br> **$10,000 investment**  | **Costs paid as a percentage of<br> $10,000 investment\*** |
| &nbsp;&nbsp;&nbsp; Class W Shares | $0 | 0.00% |

---

\* Annualized for period less than one year.

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

Fund Statistics (as of April 30, 2025)

---

| | | |
|:---|:---|:---|
|  Fund net assets | $| 417067616 |
|  Total number of portfolio holdings |  | 464 |
|  Portfolio turnover (%) |  | 21% |

---

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

1 continued>>

------

What did the Fund invest in? (as of April 30, 2025)

![LOGO](g948633g1g60y38.jpg)

![LOGO](g948633g1g04r05.jpg)

![LOGO](g948633g1g42e09.jpg)

<sup>(1)</sup> Credit quality ratings are based on the Bloomberg Barclays methodology, which uses the median rating of those compiled by the Moody's, Standard & Poor's and Fitch ratings agencies. If ratings are available from only two of these agencies, the lower rating is used. When only one rating is available, that one is used. These ratings are subject to change without notice.

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

Availability of additional information about the Fund

You can find additional information about the Fund at https://www.nuveen.com/en-us/mutual-funds/prospectuses, including its:

• prospectus • financial statements and other information • fund holdings • proxy voting information

You can also request this information at (800) 257-8787.

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

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| | |
|:---|:---|
| 87249N800_SAR_0425<br> 4457104 | ![LOGO](g948633g1g85u20.jpg) |

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2.0 ------

**Item 2.** **Code of Ethics.** <br>

Not applicable to this filing.

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**Item 3.** **Audit Committee Financial Expert.** <br>

Not applicable to this filing.

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**Item 4.** **Principal Accountant Fees and Services.** <br>

Not applicable to this filing.

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**Item 5.** **Audit Committee of Listed Registrants.** <br>

Not applicable to this registrant.

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**Item 6.** **Investments.** <br>

(a) Schedule of Investments is included as part of the financial statements filed under Item 7 of this Form N-CSR.

(b) Not applicable.

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**Item 7.** **Financial Statements and Financial Highlights for Open-End Management Investment Companies.** <br>

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## Item 7. Financial Statements and Financial Highlights for Open-End Management Investment Companies.
3.0 ------

## Portfolio of Investments April 30, 2025
Core Equity

(Unaudited)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | LONG-TERM INVESTMENTS - 99.2% |  |
|  | COMMON STOCKS - 99.2% |  |
|  | BANKS - 2.4% |  |
| 1028048 | Citigroup, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;70297922 |
| 1139569 | Wells Fargo & Co | 80920795 |
|  | TOTAL BANKS | 151218717 |
|  | CAPITAL GOODS - 5.6% |  |
| 406250 | Eaton Corp plc | 119587813 |
| 83391 | Parker-Hannifin Corp | 50456558 |
| 253193 | Trane Technologies plc | 97051409 |
| 146705 | United Rentals, Inc | 92636872 |
|  | TOTAL CAPITAL GOODS | 359732652 |
|  | CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 6.2% |  |
| 1197314 (a) | Amazon.com, Inc | 220808648 |
| 270537 | Home Depot, Inc | 97525883 |
| 627513 | TJX Cos, Inc | 80748373 |
|  | TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL | 399082904 |
|  | CONSUMER DURABLES & APPAREL - 0.4% |  |
| 249869 | Pulte Homes, Inc | 25631562 |
|  | TOTAL CONSUMER DURABLES & APPAREL | 25631562 |
|  | CONSUMER SERVICES - 1.1% |  |
| 329415 | Royal Caribbean Cruises Ltd | 70794578 |
|  | TOTAL CONSUMER SERVICES | 70794578 |
|  | CONSUMER STAPLES DISTRIBUTION & RETAIL - 5.1% |  |
| 94389 | Costco Wholesale Corp | 93869860 |
| 2401674 | Walmart, Inc | 233562797 |
|  | TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL | 327432657 |
|  | ENERGY - 1.5% |  |
| 419484 | Chevron Corp | 57074993 |
| 366435 | Valero Energy Corp | 42539439 |
|  | TOTAL ENERGY | 99614432 |
|  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 1.7% |  |
| 676314 | Simon Property Group, Inc | 106438297 |
|  | TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) | 106438297 |
|  | FINANCIAL SERVICES - 10.3% |  |
| 103984 | Ameriprise Financial, Inc | 48978544 |
| 1696855 | Bank of New York Mellon Corp | 136444110 |
| 280053 (a) | Berkshire Hathaway, Inc | 149338262 |
| 193945 (a) | Fiserv, Inc | 35796429 |
| 216729 | Mastercard, Inc (Class A) | 118780496 |
| 136410 | S&P Global, Inc | 68211820 |
| 291954 | Visa, Inc (Class A) | 100870107 |
|  | TOTAL FINANCIAL SERVICES | 658419768 |
|  | FOOD, BEVERAGE & TOBACCO - 2.3% |  |
| 1066118 | Altria Group, Inc | 63060880 |
| 1198165 | ConAgra Brands, Inc | 29606657 |
| 1003997 | Molson Coors Brewing Co (Class B) | 57759947 |
|  | TOTAL FOOD, BEVERAGE & TOBACCO | 150427484 |
|  | HEALTH CARE EQUIPMENT & SERVICES - 9.8% |  |
| 857081 (a) | Boston Scientific Corp | 88167923 |
| 773060 (a) | Centene Corp | 46267641 |
| 301338 | Cigna Group | 102466974 |
| 552260 (a) | Edwards Lifesciences Corp | 41690107 |
| 140516 | Elevance Health, Inc | 59098219 |
| 340488 | HCA, Inc | 117495599 |
| 49669 (a) | Intuitive Surgical, Inc | 25619270 |
| 130491 (a) | Molina Healthcare, Inc | 42671862 |
| 139686 | UnitedHealth Group, Inc | 57472408 |

---

4 *See Notes to Financial Statements*

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | HEALTH CARE EQUIPMENT & SERVICES (continued) |  |
| 198700 (a) | Veeva Systems, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46434203 |
|  | TOTAL HEALTH CARE EQUIPMENT & SERVICES | 627384206 |
|  | INSURANCE - 4.4% |  |
| 658259 | Allstate Corp | 130592003 |
| 264852 | Aon plc | 93966841 |
| 669313 | Arch Capital Group Ltd | 60693303 |
|  | TOTAL INSURANCE | 285252147 |
|  | MATERIALS - 1.3% |  |
| 186821 (a) | Linde plc | 84672882 |
|  | TOTAL MATERIALS | 84672882 |
|  | MEDIA & ENTERTAINMENT - 7.4% |  |
| 733183 | Alphabet, Inc | 117961813 |
| 881968 | Alphabet, Inc (Class A) | 140056518 |
| 401382 | Meta Platforms, Inc | 220358718 |
|  | TOTAL MEDIA & ENTERTAINMENT | 478377049 |
|  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 5.8% |  |
| 1035099 | Bristol-Myers Squibb Co | 51961970 |
| 168286 | Eli Lilly & Co | 151280700 |
| 542844 | Johnson & Johnson | 84851945 |
| 998209 | Merck & Co, Inc | 85047407 |
|  | TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES | 373142022 |
|  | SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 12.3% |  |
| 995233 | Broadcom, Inc | 191552496 |
| 1466213 | Intel Corp | 29470881 |
| 86721 | KLA Corp | 60937980 |
| 687192 | Lam Research Corp | 49251051 |
| 3608360 | Nvidia Corp | 393022571 |
| 462142 | QUALCOMM, Inc | 68609601 |
|  | TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT | 792844580 |
|  | SOFTWARE & SERVICES - 8.9% |  |
| 3149957 | Gen Digital, Inc | 81489388 |
| 1233535 | Microsoft Corp | 487567044 |
|  | TOTAL SOFTWARE & SERVICES | 569056432 |
|  | TECHNOLOGY HARDWARE & EQUIPMENT - 7.9% |  |
| 1943791 | Apple, Inc | 413055587 |
| 8776 (a) | Arista Networks, Inc | 722002 |
| 1639044 | Cisco Systems, Inc | 94622010 |
|  | TOTAL TECHNOLOGY HARDWARE & EQUIPMENT | 508399599 |
|  | TRANSPORTATION - 1.4% |  |
| 1092744 (a) | Uber Technologies, Inc | 88523191 |
|  | TOTAL TRANSPORTATION | 88523191 |
|  | UTILITIES - 3.4% |  |
| 1389698 | Alliant Energy Corp | 84827166 |
| 1213221 | American Electric Power Co, Inc | 131440363 |
|  | TOTAL UTILITIES | 216267529 |
|  | TOTAL COMMON STOCKS<br> (Cost $4,494,043,519) | 6372712688 |
|  | TOTAL LONG-TERM INVESTMENTS<br> (Cost $4,494,043,519) | 6372712688 |

---

*See Notes to Financial Statements* 5

------

## Portfolio of Investments April 30, 2025 (continued)
Core Equity

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | SHORT-TERM INVESTMENTS - 0.4% |  |  |  |
|  | GOVERNMENT AGENCY DEBT - 0.1% |  |  |  |
| $5000000 | Federal Home Loan Bank Discount Notes | 0.000% | 05/28/25 | $4983550 |
|  | TOTAL GOVERNMENT AGENCY DEBT |  |  | 4983550 |
|  | REPURCHASE AGREEMENT - 0.2% |  |  |  |
| 13476000 (b) | Bank of New York Mellon Corp | 4.370 | 05/01/25 | 13476000 |
|  | TOTAL REPURCHASE AGREEMENT |  |  | 13476000 |
|  | TREASURY DEBT - 0.1% |  |  |  |
| 5000000 | United States Treasury Bill | 0.000 | 05/06/25 | 4997080 |
|  | TOTAL TREASURY DEBT |  |  | 4997080 |
|  | TOTAL SHORT-TERM INVESTMENTS<br> (Cost $23,457,167) |  |  | 23456630 |
|  | TOTAL INVESTMENTS - 99.6%<br> (Cost $4,517,500,686) |  |  | 6396169318 |
|  | OTHER ASSETS & LIABILITIES, NET - 0.4% |  |  | 26633729 |
|  | NET ASSETS - 100.0% |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6422803047 |

---

(a) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

(b) Agreement with Bank of New York Mellon Corp, 4.370% dated 4/30/25 to be repurchased at $13,728,395 on 5/1/25, collateralized by Government Agency Securities, with coupon rate 4.125% and maturity date 11/15/27, valued at $13,745,605.

6 *See Notes to Financial Statements*

------

## Portfolio of Investments April 30, 2025
Large Cap Growth

(Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | LONG-TERM INVESTMENTS - 99.0% |  |
|  |  | COMMON STOCKS - 99.0% |  |
|  |  | AUTOMOBILES & COMPONENTS - 1.7% |  |
| 353004 | (a) | Tesla, Inc | $99603609 |
|  |  | TOTAL AUTOMOBILES & COMPONENTS | 99603609 |
|  |  | CAPITAL GOODS - 3.6% |  |
| 362043 | (a) | Boeing Co | 66340759 |
| 191263 |  | General Electric Co | 38547145 |
| 144636 |  | Quanta Services, Inc | 42333511 |
| 23130 |  | TransDigm Group, Inc | 32684309 |
| 265805 |  | Vertiv Holdings Co | 22694431 |
|  |  | TOTAL CAPITAL GOODS | 202600155 |
|  |  | COMMERCIAL & PROFESSIONAL SERVICES - 2.8% |  |
| 628654 |  | Experian Group Ltd | 31276193 |
| 144251 |  | Verisk Analytics, Inc | 42760324 |
| 437610 |  | Waste Connections, Inc | 86484864 |
|  |  | TOTAL COMMERCIAL & PROFESSIONAL SERVICES | 160521381 |
|  |  | CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 12.0% |  |
| 3194359 | (a) | Amazon.com, Inc | 589103687 |
| 11558 | (a) | Autozone, Inc | 43488131 |
| 400164 |  | TJX Cos, Inc | 51493103 |
|  |  | TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL | 684084921 |
|  |  | CONSUMER DURABLES & APPAREL - 0.8% |  |
| 3362 | (a) | NVR, Inc | 23956772 |
| 3796300 | (a) | PRADA S.p.A | 23703538 |
|  |  | TOTAL CONSUMER DURABLES & APPAREL | 47660310 |
|  |  | CONSUMER SERVICES - 4.4% |  |
| 18438 |  | Booking Holdings, Inc | 94020525 |
| 4289011 | (a) | Carnival Corp | 78660462 |
| 84713 | (a) | Flutter Entertainment plc | 20561258 |
| 35381 | (a) | Flutter Entertainment plc | 8526467 |
| 610090 |  | Starbucks Corp | 48837704 |
|  |  | TOTAL CONSUMER SERVICES | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250606416 |
|  |  | CONSUMER STAPLES DISTRIBUTION & RETAIL - 1.0% |  |
| 55950 |  | Costco Wholesale Corp | 55642275 |
|  |  | TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL | 55642275 |
|  |  | FINANCIAL SERVICES - 7.3% |  |
| 37126 | (a),(b) | Adyen NV | 60077771 |
| 3133698 | (a) | Grab Holdings Ltd | 15292446 |
| 232981 |  | KKR & Co, Inc | 26622739 |
| 810866 | (a) | PayPal Holdings, Inc | 53387418 |
| 2061708 | (c) | Rocket Cos, Inc | 26616650 |
| 677620 |  | Visa, Inc (Class A) | 234117710 |
|  |  | TOTAL FINANCIAL SERVICES | 416114734 |
|  |  | FOOD, BEVERAGE & TOBACCO - 1.1% |  |
| 406585 |  | Mondelez International, Inc | 27700636 |
| 587535 | (a) | Monster Beverage Corp | 35322604 |
|  |  | TOTAL FOOD, BEVERAGE & TOBACCO | 63023240 |
|  |  | HEALTH CARE EQUIPMENT & SERVICES - 4.4% |  |
| 132387 | (a) | Align Technology, Inc | 22942667 |
| 729507 | (a) | DexCom, Inc | 52072210 |
| 155563 | (a) | Intuitive Surgical, Inc | 80239395 |
| 152751 |  | UnitedHealth Group, Inc | 62847871 |
| 151629 | (a) | Veeva Systems, Inc | 35434181 |
|  |  | TOTAL HEALTH CARE EQUIPMENT & SERVICES | 253536324 |
|  |  | INSURANCE - 2.1% |  |
| 428093 |  | Progressive Corp | 120610922 |
|  |  | TOTAL INSURANCE | 120610922 |
|  |  | MEDIA & ENTERTAINMENT - 11.7% |  |
| 2090585 |  | Alphabet, Inc | 336354221 |

---

See Notes to Financial Statements 7

------

## Portfolio of Investments April 30, 2025 (continued)
Large Cap Growth

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION |  |  | VALUE |
|  | MEDIA & ENTERTAINMENT (continued) |  |  |  |
| 538976 (a) | Liberty Media Corp-Liberty Formula One (Class C) |  |  | $47791002 |
| 757435 | Match Group, Inc |  |  | 22465522 |
| 378413 | Meta Platforms, Inc |  |  | 207748737 |
| 581821 | Walt Disney Co |  |  | 52916620 |
|  | TOTAL MEDIA & ENTERTAINMENT |  |  | 667276102 |
|  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 3.2% |  |  |  |
| 136883 | Eli Lilly & Co |  |  | 123050973 |
| 184699 | Galderma Group AG. |  |  | 21451977 |
| 130206 | Novo Nordisk A.S. |  |  | 8705770 |
| 51803 | Regeneron Pharmaceuticals, Inc |  |  | 31017564 |
|  | TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES |  |  | 184226284 |
|  | SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 14.5% |  |  |  |
| 453708 | Applied Materials, Inc |  |  | 68378332 |
| 1315523 | Broadcom, Inc |  |  | 253198712 |
| 4363339 | Nvidia Corp |  |  | 475254884 |
| 1174000 | Taiwan Semiconductor Manufacturing Co Ltd |  |  | 33264763 |
|  | TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT |  |  | 830096691 |
|  | SOFTWARE & SERVICES - 19.7% |  |  |  |
| 223021 (a) | Atlassian Corp Ltd |  |  | 50917925 |
| 116273 (a) | Crowdstrike Holdings, Inc |  |  | 49866002 |
| 69356 | Intuit, Inc |  |  | 43518809 |
| 1436108 | Microsoft Corp |  |  | 567636048 |
| 299670 (a) | Palo Alto Networks, Inc |  |  | 56017313 |
| 165881 | Roper Industries, Inc |  |  | 92906630 |
| 379397 | Salesforce, Inc |  |  | 101947768 |
| 72939 (a) | ServiceNow, Inc |  |  | 69657474 |
| 344487 (a) | Snowflake, Inc |  |  | 54942232 |
| 157299 (a) | Workday, Inc |  |  | 38538255 |
|  | TOTAL SOFTWARE & SERVICES |  |  | 1125948456 |
|  | TECHNOLOGY HARDWARE & EQUIPMENT - 8.1% |  |  |  |
| 1890245 | Apple, Inc |  |  | 401677063 |
| 761924 (a) | Arista Networks, Inc |  |  | 62683487 |
|  | TOTAL TECHNOLOGY HARDWARE & EQUIPMENT |  |  | 464360550 |
|  | UTILITIES - 0.6% |  |  |  |
| 140111 | Constellation Energy Corp |  |  | 31306402 |
|  | TOTAL UTILITIES |  |  | 31306402 |
|  | TOTAL COMMON STOCKS<br> (Cost $2,613,933,127) |  |  | 5657218772 |
|  | TOTAL LONG-TERM INVESTMENTS<br> (Cost $2,613,933,127) |  |  | 5657218772 |
| SHARES | DESCRIPTION | RATE |  | VALUE |
|  | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.2% | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.2% |  |  |
| 12275993 (d) | State Street Navigator Securities Lending Government Money Market Portfolio | 4.360%(e) |  | 12275993 |
|  | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $12,275,993) | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $12,275,993) |  | 12275993 |
| PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | SHORT-TERM INVESTMENTS - 0.5% |  |  |  |
|  | REPURCHASE AGREEMENT - 0.5% |  |  |  |
| $32242000 (f) | Bank of New York Mellon Corp | 4.370 | 05/01/25 | 32242000 |
|  | TOTAL REPURCHASE AGREEMENT |  |  | 32242000 |
|  | TOTAL SHORT-TERM INVESTMENTS<br> (Cost $32,242,000) |  |  | 32242000 |
|  | TOTAL INVESTMENTS - 99.7%<br> (Cost $2,658,451,120) |  |  | 5701736765 |
|  | OTHER ASSETS & LIABILITIES, NET - 0.3% |  |  | 14374175 |
|  | NET ASSETS - 100.0% |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5716110940 |

---

8 *See Notes to Financial Statements*

------

(a) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

(b) Security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities are deemed liquid and may be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. As of the end of the reporting period, the aggregate value of these securities is $60,077,771 or 1.1% of Total Investments.

(c) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $11,932,145.

(d) Investments made with cash collateral received from securities on loan.

(e) The rate shown is the one-day yield as of the end of the reporting period.

(f) Agreement with Bank of New York Mellon Corp, 4.370% dated 4/30/25 to be repurchased at $32,790,053 on 5/1/25, collateralized by Government Agency Securities, with coupon rate 4.625% and maturity date 6/15/27, valued at $32,886,896.

*See Notes to Financial Statements* 9

------

## Portfolio of Investments April 30, 2025
Large Cap Value

(Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE | VALUE |
|  | LONG-TERM INVESTMENTS - 99.3% |  |  |
|  | COMMON STOCKS - 99.3% |  |  |
|  | BANKS - 10.1% |  |  |
| 3415908 | Bank of America Corp | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136226411 |
| 1023651 | Fifth Third Bancorp |  | 36790017 |
| 1015164 | JPMorgan Chase & Co |  | 248329417 |
| 396936 | PNC Financial Services Group, Inc |  | 63783646 |
| 1990086 | Wells Fargo & Co |  | 141316007 |
|  | TOTAL BANKS |  | 626445498 |
|  | CAPITAL GOODS - 12.9% |  |  |
| 556048 (a) | Boeing Co |  | 101890235 |
| 110466 | Deere & Co |  | 51207619 |
| 428502 | Dover Corp |  | 73123866 |
| 363402 | Eaton Corp plc |  | 106974647 |
| 694620 | Emerson Electric Co |  | 73011508 |
| 152001 | General Electric Co |  | 30634282 |
| 324499 | Honeywell International, Inc |  | 68307039 |
| 618077 | Masco Corp |  | 37461647 |
| 160263 | Parker-Hannifin Corp |  | 96968731 |
| 957109 | RTX Corp |  | 120720158 |
| 101509 | Trane Technologies plc |  | 38909415 |
|  | TOTAL CAPITAL GOODS |  | 799209147 |
|  | CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 2.2% |  |  |
| 215313 | Home Depot, Inc |  | 77618183 |
| 43188 (a) | O'Reilly Automotive, Inc |  | 61119658 |
|  | TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL |  | 138737841 |
|  | CONSUMER DURABLES & APPAREL - 1.1% |  |  |
| 9930 (a) | NVR, Inc |  | 70758698 |
|  | TOTAL CONSUMER DURABLES & APPAREL |  | 70758698 |
|  | CONSUMER SERVICES - 2.0% |  |  |
| 10581 | Booking Holdings, Inc |  | 53955482 |
| 304807 | Hilton Worldwide Holdings, Inc |  | 68727882 |
|  | TOTAL CONSUMER SERVICES |  | 122683364 |
|  | CONSUMER STAPLES DISTRIBUTION & RETAIL - 2.3% | CONSUMER STAPLES DISTRIBUTION & RETAIL - 2.3% | CONSUMER STAPLES DISTRIBUTION & RETAIL - 2.3% |
| 1459280 | Walmart, Inc |  | 141914980 |
|  | TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL |  | 141914980 |
|  | ENERGY - 6.7% |  |  |
| 262147 | Chevron Corp |  | 35667721 |
| 921079 | ConocoPhillips |  | 82086560 |
| 604302 | EOG Resources, Inc |  | 66672640 |
| 1570636 | Exxon Mobil Corp |  | 165906281 |
| 563116 | Valero Energy Corp |  | 65372136 |
|  | TOTAL ENERGY |  | 415705338 |
|  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 1.7% |  |  |
| 798364 | Prologis, Inc |  | 81592801 |
| 160931 | Simon Property Group, Inc |  | 25327321 |
|  | TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) |  | 106920122 |
|  | FINANCIAL SERVICES - 11.6% |  |  |
| 342604 | American Express Co |  | 91273132 |
| 350421 (a) | Berkshire Hathaway, Inc |  | 186861998 |
| 85518 | BlackRock, Inc |  | 78185687 |
| 762533 | Charles Schwab Corp |  | 62070186 |
| 401311 (a) | Fiserv, Inc |  | 74069971 |
| 186921 | Goldman Sachs Group, Inc |  | 102348593 |
| 575411 | Intercontinental Exchange, Inc |  | 96651786 |
| 265718 | KKR & Co, Inc |  | 30363596 |
|  | TOTAL FINANCIAL SERVICES |  | 721824949 |
|  | FOOD, BEVERAGE & TOBACCO - 2.6% |  |  |
| 874588 | Mondelez International, Inc |  | 59585680 |

---

10 *See Notes to Financial Statements*

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | FOOD, BEVERAGE & TOBACCO (continued) |  |
| 577330 | Philip Morris International, Inc | $98931269 |
|  | TOTAL FOOD, BEVERAGE & TOBACCO | 158516949 |
|  | HEALTH CARE EQUIPMENT & SERVICES - 8.4% |  |
| 941393 | Abbott Laboratories | 123087135 |
| 230287 | Cigna Group | 78306791 |
| 177575 | Elevance Health, Inc | 74684493 |
| 207795 | HCA, Inc | 71705899 |
| 101173 | Humana, Inc | 26531608 |
| 349632 | UnitedHealth Group, Inc | 143852590 |
|  | TOTAL HEALTH CARE EQUIPMENT & SERVICES | 518168516 |
|  | HOUSEHOLD & PERSONAL PRODUCTS - 1.7% |  |
| 656517 | Procter & Gamble Co | 106729969 |
|  | TOTAL HOUSEHOLD & PERSONAL PRODUCTS | 106729969 |
|  | INSURANCE - 5.5% |  |
| 1120037 | American International Group, Inc | 91305416 |
| 320965 | Chubb Ltd | 91821667 |
| 407278 | Marsh & McLennan Cos, Inc | 91828971 |
| 846178 | Metlife, Inc | 63776436 |
|  | TOTAL INSURANCE | 338732490 |
|  | MATERIALS - 4.3% |  |
| 904815 | DuPont de Nemours, Inc | 59708742 |
| 264,058(a) | Linde plc | 119679007 |
| 132315 | Reliance Steel & Aluminum Co | 38137153 |
| 1196593 | Smurfit WestRock plc | 50280838 |
|  | TOTAL MATERIALS | 267805740 |
|  | MEDIA & ENTERTAINMENT - 2.8% |  |
| 317914 | Alphabet, Inc | 51149184 |
| 803077 | Comcast Corp (Class A) | 27465233 |
| 1062584 | Walt Disney Co | 96642015 |
|  | TOTAL MEDIA & ENTERTAINMENT | 175256432 |
|  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 6.0% |  |
| 546951 | AbbVie, Inc | 106710140 |
| 347803 | Danaher Corp | 69327572 |
| 890350 | Johnson & Johnson | 139170609 |
| 1022711 | Sanofi (ADR) | 56197969 |
|  | TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;371406290 |
|  | SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 4.6% |  |
| 272960 | Analog Devices, Inc | 53205363 |
| 318188 | Applied Materials, Inc | 47954114 |
| 229513 | Broadcom, Inc | 44174367 |
| 400550 | Intel Corp | 8051055 |
| 527361 | Lam Research Corp | 37795963 |
| 559073 | Micron Technology, Inc | 43020667 |
| 266825 | NXP Semiconductors NV | 49178516 |
|  | TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT | 283380045 |
|  | SOFTWARE & SERVICES - 2.9% |  |
| 314974 | Accenture plc | 94224472 |
| 148116 | Microsoft Corp | 58544330 |
| 210511 | Oracle Corp | 29623108 |
|  | TOTAL SOFTWARE & SERVICES | 182391910 |
|  | TECHNOLOGY HARDWARE & EQUIPMENT - 2.3% |  |
| 1102379 | Cisco Systems, Inc | 63640340 |
| 534025 | TE Connectivity plc | 78170579 |
|  | TOTAL TECHNOLOGY HARDWARE & EQUIPMENT | 141810919 |
|  | TELECOMMUNICATION SERVICES - 1.4% |  |
| 360941 | T-Mobile US, Inc | 89134380 |
|  | TOTAL TELECOMMUNICATION SERVICES | 89134380 |
|  | TRANSPORTATION - 1.7% |  |
| 122821 | FedEx Corp | 25832941 |

---

*See Notes to Financial Statements* 11

------

## Portfolio of Investments April 30, 2025 (continued)
Large Cap Value

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION |  |  | VALUE |
|  | TRANSPORTATION (continued) |  |  |  |
| 375726 | Union Pacific Corp |  |  | $81029069 |
|  | TOTAL TRANSPORTATION |  |  | 106862010 |
|  | UTILITIES - 4.5% |  |  |  |
| 622383 | Ameren Corp |  |  | 61765289 |
| 584259 | American Electric Power Co, Inc |  |  | 63298620 |
| 750713 | Duke Energy Corp |  |  | 91602000 |
| 913950 | NextEra Energy, Inc |  |  | 61124976 |
|  | TOTAL UTILITIES |  |  | 277790885 |
|  | TOTAL COMMON STOCKS<br> (Cost $4,006,717,978) |  |  | 6162186472 |
|  | TOTAL LONG-TERM INVESTMENTS<br> (Cost $4,006,717,978) |  |  | 6162186472 |
| PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | SHORT-TERM INVESTMENTS - 0.4% |  |  |  |
|  | GOVERNMENT AGENCY DEBT - 0.1% |  |  |  |
| $5000000 | Federal Home Loan Bank Discount Notes | 0.000% | 05/28/25 | 4983550 |
|  | TOTAL GOVERNMENT AGENCY DEBT |  |  | 4983550 |
|  | REPURCHASE AGREEMENT - 0.3% |  |  |  |
| 18174000 (b) | Bank of New York Mellon Corp | 4.370 | 05/01/25 | 18174000 |
|  | TOTAL REPURCHASE AGREEMENT |  |  | 18174000 |
|  | TOTAL SHORT-TERM INVESTMENTS<br> (Cost $23,158,111) |  |  | 23157550 |
|  | TOTAL INVESTMENTS - 99.7%<br> (Cost $4,029,876,089) |  |  | 6185344022 |
|  | OTHER ASSETS & LIABILITIES, NET - 0.3% |  |  | 18827195 |
|  | NET ASSETS - 100.0% |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6204171217 |

---

ADR American Depositary Receipt

(a) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

(b) Agreement with Bank of New York Mellon Corp, 4.370% dated 4/30/25 to be repurchased at $18,482,924 on 5/1/25, collateralized by Government Agency Securities, with coupon rate 4.625% and maturity date 6/15/27, valued at $18,537,531.

12 *See Notes to Financial Statements*

------

## Portfolio of Investments April 30, 2025
Quant Mid Cap Growth

(Unaudited)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | LONG-TERM INVESTMENTS - 99.9% |  |
|  | COMMON STOCKS - 99.9% |  |
|  | BANKS - 0.4% |  |
| 253576 (a) | NU Holdings Ltd | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3151950 |
|  | TOTAL BANKS | 3151950 |
|  | CAPITAL GOODS - 12.8% |  |
| 61210 | Armstrong World Industries, Inc | 8876674 |
| 34645 (a) | Axon Enterprise, Inc | 21247779 |
| 74390 | BWX Technologies, Inc | 8117437 |
| 23310 | Comfort Systems USA, Inc | 9266891 |
| 109440 (a) | Core & Main, Inc | 5765299 |
| 25710 | EMCOR Group, Inc | 10301997 |
| 23490 | Fastenal Co | 1901985 |
| 3280 | HEICO Corp (Class A) | 659050 |
| 46670 | Lincoln Electric Holdings, Inc | 8223254 |
| 17600 | United Rentals, Inc | 11113520 |
| 189085 | Vertiv Holdings Co | 16144077 |
| 1618 | W.W. Grainger, Inc | 1657334 |
|  | TOTAL CAPITAL GOODS | 103275297 |
|  | COMMERCIAL & PROFESSIONAL SERVICES - 5.6% |  |
| 111110 | Booz Allen Hamilton Holding Corp | 13335422 |
| 233150 | Rollins, Inc | 13319860 |
| 61895 | Verisk Analytics, Inc | 18347535 |
|  | TOTAL COMMERCIAL & PROFESSIONAL SERVICES | 45002817 |
|  | CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 5.4% |  |
| 521190 (a) | Coupang, Inc | 12180211 |
| 92390 (a) | Five Below, Inc | 7011477 |
| 20500 | Ross Stores, Inc | 2849500 |
| 25180 (a) | Ulta Beauty, Inc | 9962215 |
| 71930 | Williams-Sonoma, Inc | 11111027 |
|  | TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL | 43114430 |
|  | CONSUMER DURABLES & APPAREL - 0.6% |  |
| 37110 (a) | Deckers Outdoor Corp | 4112901 |
| 8238 (a) | SharkNinja Global SPV Ltd | 663159 |
|  | TOTAL CONSUMER DURABLES & APPAREL | 4776060 |
|  | CONSUMER SERVICES - 7.7% |  |
| 19220 (a) | Bright Horizons Family Solutions, Inc | 2410573 |
| 18580 (a) | Cava Group, Inc | 1717349 |
| 21400 | Domino's Pizza, Inc | 10493918 |
| 187907 (a) | DraftKings, Inc | 6255424 |
| 12610 (a) | Duolingo, Inc | 4911343 |
| 43070 (a) | Dutch Bros, Inc | 2573002 |
| 31502 | Expedia Group, Inc | 4943609 |
| 50590 (a) | Grand Canyon Education, Inc | 9023738 |
| 53334 | Hilton Worldwide Holdings, Inc | 12025750 |
| 89600 | Wyndham Hotels & Resorts, Inc | 7642880 |
|  | TOTAL CONSUMER SERVICES | 61997586 |
|  | CONSUMER STAPLES DISTRIBUTION & RETAIL - 1.1% |  |
| 105130 (a) | Performance Food Group Co | 8479786 |
|  | TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL | 8479786 |
|  | ENERGY - 3.1% |  |
| 212890 | Antero Midstream Corp | 3523330 |
| 4180 | EQT Corp | 206659 |
| 42760 | Hess Corp | 5518178 |
| 89360 | Targa Resources Corp | 15271624 |
|  | TOTAL ENERGY | 24519791 |
|  | FINANCIAL SERVICES - 10.4% |  |
| 5669 | Ameriprise Financial, Inc | 2670212 |
| 35040 | Ares Management Corp | 5344651 |
| 147700 (a) | Block, Inc | 8636019 |

---

See Notes to Financial Statements 13

------

## Portfolio of Investments April 30, 2025 (continued)
Quant Mid Cap Growth

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | FINANCIAL SERVICES (continued) |  |
| 225270 | Blue Owl Capital, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4174253 |
| 9231 (a) | Coinbase Global, Inc | 1872878 |
| 17910 | Houlihan Lokey, Inc | 2902853 |
| 84882 | iShares Russell Midcap Growth Index Fund | 10295338 |
| 35280 | Morningstar, Inc | 10044922 |
| 26814 | MSCI, Inc (Class A) | 14616579 |
| 359480 (a) | Toast, Inc | 12790298 |
| 77093 | Tradeweb Markets, Inc | 10661962 |
|  | TOTAL FINANCIAL SERVICES | 84009965 |
|  | FOOD, BEVERAGE & TOBACCO - 1.0% |  |
| 148050 | Pilgrim's Pride Corp | 8080569 |
|  | TOTAL FOOD, BEVERAGE & TOBACCO | 8080569 |
|  | HEALTH CARE EQUIPMENT & SERVICES - 9.2% |  |
| 44875 | AmerisourceBergen Corp | 13133566 |
| 15640 | Chemed Corp | 9094817 |
| 16124 (a) | DexCom, Inc | 1150931 |
| 51680 (a) | Doximity, Inc | 2939558 |
| 42042 (a) | IDEXX Laboratories, Inc | 18189471 |
| 37080 (a) | Penumbra, Inc | 10858507 |
| 80895 (a) | Veeva Systems, Inc | 18904353 |
|  | TOTAL HEALTH CARE EQUIPMENT & SERVICES | 74271203 |
|  | INSURANCE - 2.2% |  |
| 30440 | Allstate Corp | 6038992 |
| 97710 | Brown & Brown, Inc | 10806726 |
| 3750 | Gallagher (Arthur J.) & Co | 1202587 |
|  | TOTAL INSURANCE | 18048305 |
|  | MATERIALS - 1.1% |  |
| 102990 | Louisiana-Pacific Corp | 8889067 |
|  | TOTAL MATERIALS | 8889067 |
|  | MEDIA & ENTERTAINMENT - 2.6% |  |
| 31180 (a) | Live Nation, Inc | 4129791 |
| 464760 (a) | Pinterest, Inc | 11767723 |
| 70564 (a) | ROBLOX Corp | 4731316 |
|  | TOTAL MEDIA & ENTERTAINMENT | 20628830 |
|  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 3.0% |  |
| 21880 (a) | Alnylam Pharmaceuticals, Inc | 5759691 |
| 243570 | Bruker BioSciences Corp | 9757414 |
| 52020 (a) | Neurocrine Biosciences, Inc | 5602034 |
| 8240 (a) | Waters Corp | 2865295 |
|  | TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES | 23984434 |
|  | REAL ESTATE MANAGEMENT & DEVELOPMENT - 1.1% |  |
| 39720 (a) | Jones Lang LaSalle, Inc | 9032725 |
|  | TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT | 9032725 |
|  | SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 1.6% |  |
| 13443 | Monolithic Power Systems, Inc | 7973043 |
| 40120 (a) | Onto Innovation, Inc | 4893437 |
|  | TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT | 12866480 |
|  | SOFTWARE & SERVICES - 26.6% |  |
| 43210 (a) | Appfolio, Inc | 8923729 |
| 93712 (a) | AppLovin Corp | 25237579 |
| 30351 (a) | Cloudflare, Inc | 3665794 |
| 53750 (a) | Confluent, Inc | 1279787 |
| 143442 (a) | Datadog, Inc | 14654035 |
| 345760 (a) | Dropbox, Inc | 9871448 |
| 81090 (a) | Elastic NV | 6989958 |
| 1090 (a) | Fair Isaac Corp | 2168751 |
| 60370 (a) | Five9, Inc | 1517702 |
| 32345 (a) | Gartner, Inc | 13619833 |
| 19450 (a) | Gitlab, Inc | 907731 |
| 19684 (a) | HubSpot, Inc | 12036766 |
| 12601 (a) | MongoDB, Inc | 2169514 |

---

14 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION |  |  | VALUE |
|  |  | SOFTWARE & SERVICES (continued) |  |  |  |
| 67200 | (a) | Nutanix, Inc |  |  | $4616640 |
| 76010 | (a) | Okta, Inc |  |  | 8525282 |
| 570756 | (a) | Palantir Technologies, Inc |  |  | 67600341 |
| 329790 | (a) | RingCentral, Inc |  |  | 8409645 |
| 107033 | (a) | SentinelOne, Inc |  |  | 1980110 |
| 86838 | (a) | Trade Desk, Inc |  |  | 4657122 |
| 343640 | (a) | Unity Software, Inc |  |  | 7240495 |
| 24970 | (a) | VeriSign, Inc |  |  | 7044536 |
| 6001 | (a) | Zscaler, Inc |  |  | 1357246 |
|  |  | TOTAL SOFTWARE & SERVICES |  |  | 214474044 |
|  |  | TECHNOLOGY HARDWARE & EQUIPMENT - 2.7% |  |  |  |
| 137030 | (a),(b) | Super Micro Computer, Inc |  |  | 4365776 |
| 25650 |  | Ubiquiti, Inc |  |  | 8373442 |
| 36390 | (a) | Zebra Technologies Corp (Class A) |  |  | 9109145 |
|  |  | TOTAL TECHNOLOGY HARDWARE & EQUIPMENT |  |  | 21848363 |
|  |  | TELECOMMUNICATION SERVICES - 0.0% |  |  |  |
| 153712 | (a),(c) | GCI Liberty, Inc |  |  | 1537 |
|  |  | TOTAL TELECOMMUNICATION SERVICES |  |  | 1537 |
|  |  | TRANSPORTATION - 1.1% |  |  |  |
| 743330 | (a) | Lyft, Inc (Class A) |  |  | 9217292 |
|  |  | TOTAL TRANSPORTATION |  |  | 9217292 |
|  |  | UTILITIES - 0.6% |  |  |  |
| 36761 |  | Vistra Corp |  |  | 4765329 |
|  |  | TOTAL UTILITIES |  |  | 4765329 |
|  |  | TOTAL COMMON STOCKS<br> (Cost $761,696,223) |  |  | 804435860 |
|  |  | TOTAL LONG-TERM INVESTMENTS<br> (Cost $761,696,223) |  |  | 804435860 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | RATE |  | VALUE |
|  |  | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.0% |  |  |  |
| 9333 | (d) | State Street Navigator Securities Lending Government Money Market Portfolio | 4.360%(e) |  | 9333 |
|  |  | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $9,333) |  |  | 9333 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | SHORT-TERM INVESTMENTS - 0.2% |  |  |  |
|  |  | REPURCHASE AGREEMENT - 0.2% |  |  |  |
| $1259000 | (f) | Bank of New York Mellon Corp | 4.370 | 05/01/25 | 1259000 |
|  |  | TOTAL REPURCHASE AGREEMENT |  |  | 1259000 |
|  |  | TOTAL SHORT-TERM INVESTMENTS<br> (Cost $1,259,000) |  |  | 1259000 |
|  |  | TOTAL INVESTMENTS - 100.1%<br> (Cost $762,964,556) |  |  | 805704193 |
|  |  | OTHER ASSETS & LIABILITIES, NET - (0.1)% |  |  | (530005) |
|  |  | NET ASSETS - 100.0% |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;805174188 |

---

(a) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

(b) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $4,322,096.

(c) For fair value measurement disclosure purposes, investment classified as Level 3.

(d) Investments made with cash collateral received from securities on loan.

(e) The rate shown is the one-day yield as of the end of the reporting period.

(f) Agreement with Bank of New York Mellon Corp, 4.370% dated 4/30/25 to be repurchased at $1,282,580 on 5/1/25, collateralized by Government Agency Securities, with coupon rate 4.125% and maturity date 11/15/27, valued at $1,284,205.

*See Notes to Financial Statements* 15

------

## Portfolio of Investments April 30, 2025
Mid Cap Value

(Unaudited)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | LONG-TERM INVESTMENTS - 99.4% |  |
|  | COMMON STOCKS - 99.4% |  |
|  | BANKS - 3.9% |  |
| 302595 | East West Bancorp, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25887003 |
| 635496 | Fifth Third Bancorp | 22839726 |
| 88921 | M&T Bank Corp | 15095229 |
|  | TOTAL BANKS | 63821958 |
|  | CAPITAL GOODS - 18.7% |  |
| 71218 | Carlisle Cos, Inc | 27025807 |
| 153306 | Crane Co | 24679200 |
| 134921 | Dover Corp | 23024269 |
| 88987 | Howmet Aerospace, Inc | 12331818 |
| 75235 | Hubbell, Inc | 27323847 |
| 193921 | ITT, Inc | 26571055 |
| 176660 | L3Harris Technologies, Inc | 38868733 |
| 382445 | nVent Electric plc | 21000055 |
| 133509 | Owens Corning, Inc | 19413544 |
| 27867 | Parker-Hannifin Corp | 16861207 |
| 36778 | United Rentals, Inc | 23223468 |
| 153267 | WESCO International, Inc | 24976390 |
| 100928 | Westinghouse Air Brake Technologies Corp | 18645439 |
|  | TOTAL CAPITAL GOODS | 303944832 |
|  | CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 1.4% |  |
| 131875 (a) | Autonation, Inc | 22966031 |
|  | TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL | 22966031 |
|  | CONSUMER DURABLES & APPAREL - 1.3% |  |
| 288353 | Whirlpool Corp | 21995567 |
|  | TOTAL CONSUMER DURABLES & APPAREL | 21995567 |
|  | CONSUMER SERVICES - 3.4% |  |
| 82461 | Darden Restaurants, Inc | 16544975 |
| 455246 | Travel & Leisure Co | 19998957 |
| 229635 | Wyndham Hotels & Resorts, Inc | 19587865 |
|  | TOTAL CONSUMER SERVICES | 56131797 |
|  | ENERGY - 5.7% |  |
| 422546 | Baker Hughes Co | 14958128 |
| 156757 | Diamondback Energy, Inc | 20693492 |
| 2401940 | Permian Resources Corp | 28342892 |
| 488814 | Williams Cos, Inc | 28629836 |
|  | TOTAL ENERGY | 92624348 |
|  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 11.5% |  |
| 57828 | AvalonBay Communities, Inc | 12142723 |
| 183076 | Digital Realty Trust, Inc | 29391021 |
| 131994 | EastGroup Properties, Inc | 21570459 |
| 295509 | Regency Centers Corp | 21329840 |
| 697477 | STAG Industrial, Inc | 23037665 |
| 394869 | Ventas, Inc | 27672420 |
| 902298 | VICI Properties, Inc | 28891582 |
| 890223 | Weyerhaeuser Co | 23065678 |
|  | TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) | 187101388 |
|  | FINANCIAL SERVICES - 6.0% |  |
| 237145 | Fidelity National Information Services, Inc | 18705998 |
| 544403 | Jefferies Financial Group, Inc | 25439952 |
| 506420 | OneMain Holdings, Inc | 23837189 |
| 217715 | Raymond James Financial, Inc | 29835664 |
|  | TOTAL FINANCIAL SERVICES | 97818803 |
|  | FOOD, BEVERAGE & TOBACCO - 2.0% |  |
| 472999 | Campbell Soup Co | 17245543 |

---

16 *See Notes to Financial Statements*

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | FOOD, BEVERAGE & TOBACCO (continued) |  |
| 496171 | Primo Brands Corp | $16209907 |
|  | TOTAL FOOD, BEVERAGE & TOBACCO | 33455450 |
|  | HEALTH CARE EQUIPMENT & SERVICES - 0.9% |  |
| 53348 | Humana, Inc | 13989980 |
|  | TOTAL HEALTH CARE EQUIPMENT & SERVICES | 13989980 |
|  | INSURANCE - 11.1% |  |
| 167821 | Allstate Corp | 33294008 |
| 308103 | American International Group, Inc | 25116557 |
| 221675 | Arch Capital Group Ltd | 20101489 |
| 71150 | Everest Re Group Ltd | 25530755 |
| 550027 | Fidelity National Financial, Inc | 35229229 |
| 167683 | Metlife, Inc | 12638268 |
| 361126 | Unum Group | 28045045 |
|  | TOTAL INSURANCE | 179955351 |
|  | MATERIALS - 3.7% |  |
| 351946 | DuPont de Nemours, Inc | 23224916 |
| 159657 | Nucor Corp | 19058256 |
| 200841 | Westlake Chemical Corp | 18563734 |
|  | TOTAL MATERIALS | 60846906 |
|  | MEDIA & ENTERTAINMENT - 2.3% |  |
| 158294 (a) | Take-Two Interactive Software, Inc | 36933156 |
|  | TOTAL MEDIA & ENTERTAINMENT | 36933156 |
|  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 7.0% |  |
| 253058 (a) | BioMarin Pharmaceutical, Inc | 16117264 |
| 2085717 (a) | Elanco Animal Health, Inc | 19772597 |
| 757721 (a) | Exelixis, Inc | 29664777 |
| 204022 (a) | Jazz Pharmaceuticals plc | 23862413 |
| 81352 (a) | United Therapeutics Corp | 24656978 |
|  | TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES | 114074029 |
|  | SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 1.4% |  |
| 248021 | Marvell Technology, Inc | 14476986 |
| 174295 | Microchip Technology, Inc | 8031513 |
|  | TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT | 22508499 |
|  | SOFTWARE & SERVICES - 4.5% |  |
| 127773 (a) | Check Point Software Technologies | 28053840 |
| 1081985 | Gen Digital, Inc | 27990952 |
| 60368 (a) | VeriSign, Inc | 17031020 |
|  | TOTAL SOFTWARE & SERVICES | 73075812 |
|  | TECHNOLOGY HARDWARE & EQUIPMENT - 4.9% |  |
| 281669 (a) | Ciena Corp | 18916890 |
| 1816412 | Hewlett Packard Enterprise Co | 29462203 |
| 278014 | TD SYNNEX Corp | 30803951 |
|  | TOTAL TECHNOLOGY HARDWARE & EQUIPMENT | 79183044 |
|  | TRANSPORTATION - 0.6% |  |
| 116770 (b) | TFI International, Inc | 9496904 |
|  | TOTAL TRANSPORTATION | 9496904 |
|  | UTILITIES - 9.1% |  |
| 541925 | Alliant Energy Corp | 33079102 |
| 285003 | American Electric Power Co, Inc | 30877225 |
| 505413 | CMS Energy Corp | 37223667 |
| 137037 | Eversource Energy | 8150961 |
| 895604 | FirstEnergy Corp | 38403500 |
|  | TOTAL UTILITIES | 147734455 |
|  | TOTAL COMMON STOCKS<br> (Cost $1,390,933,752) | 1617658310 |
|  | TOTAL LONG-TERM INVESTMENTS<br> (Cost $1,390,933,752) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1617658310 |

---

*See Notes to Financial Statements* 17

------

## Portfolio of Investments April 30, 2025 (continued)
Mid Cap Value

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | RATE |  | VALUE |
|  | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.0% |  |  |  |
| 519 (c) | State Street Navigator Securities Lending Government Money Market Portfolio | 4.360%(d) |  | $519 |
|  | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $519) | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $519) | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $519) | 519 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | SHORT-TERM INVESTMENTS - 0.6% |  |  |  |
|  | REPURCHASE AGREEMENT - 0.6% |  |  |  |
| $9209000 (e) | Bank of New York Mellon Corp | 4.370 | 05/01/25 | 9209000 |
|  | TOTAL REPURCHASE AGREEMENT |  |  | 9209000 |
|  | TOTAL SHORT-TERM INVESTMENTS<br> (Cost $9,209,000) |  |  | 9209000 |
|  | TOTAL INVESTMENTS - 100.0%<br> (Cost $1,400,143,271) |  |  | 1626867829 |
|  | OTHER ASSETS & LIABILITIES, NET - 0.0% |  |  | 532320 |
|  | NET ASSETS - 100.0% |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1627400149 |

---

(a) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

(b) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $1,626,600.

(c) Investments made with cash collateral received from securities on loan.

(d) The rate shown is the one-day yield as of the end of the reporting period.

(e) Agreement with Bank of New York Mellon Corp, 4.370% dated 4/30/25 to be repurchased at $9,381,478 on 5/1/25, collateralized by Government Agency Securities, with coupon rate 4.125% and maturity date 11/15/27, valued at $9,393,257.

18 *See Notes to Financial Statements*

------

## Portfolio of Investments April 30, 2025
Quant Small Cap Equity

(Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | LONG-TERM INVESTMENTS - 98.0% |  |
|  |  | COMMON STOCKS - 98.0% |  |
|  |  | AUTOMOBILES & COMPONENTS - 0.5% |  |
| 82270 | (a) | Dorman Products, Inc | $9321191 |
| 78688 | (a) | Modine Manufacturing Co | 6424088 |
|  |  | TOTAL AUTOMOBILES & COMPONENTS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15745279 |
|  |  | BANKS - 10.4% |  |
| 111920 |  | Amalgamated Financial Corp | 3151667 |
| 246780 |  | Ameris Bancorp | 14461308 |
| 567610 |  | Associated Banc-Corp | 12521477 |
| 193950 | (a) | Axos Financial, Inc | 12311946 |
| 276241 |  | Bank of NT Butterfield & Son Ltd | 11099363 |
| 300910 |  | Berkshire Hills Bancorp, Inc | 7471595 |
| 158670 |  | Cadence Bank | 4642684 |
| 51710 |  | Cathay General Bancorp | 2155790 |
| 153040 |  | Central Pacific Financial Corp | 3931598 |
| 284820 | (a) | Customers Bancorp, Inc | 14241000 |
| 244230 |  | Eagle Bancorp, Inc | 4383928 |
| 157460 |  | Enterprise Financial Services Corp | 8191069 |
| 24968 |  | First Bancorp | 1010205 |
| 360670 |  | First Busey Corp | 7498329 |
| 100163 |  | First Commonwealth Financial Corp | 1534497 |
| 370250 |  | First Financial Bancorp | 8571288 |
| 91690 |  | First Financial Corp | 4529486 |
| 228860 |  | First Merchants Corp | 8156570 |
| 299309 |  | Fulton Financial Corp | 4992474 |
| 220420 |  | Hancock Whitney Corp | 11481678 |
| 325350 |  | Heritage Commerce Corp | 2941164 |
| 230910 |  | Horizon Bancorp, Inc | 3389759 |
| 20819 |  | Independent Bank Corp | 1230195 |
| 109349 |  | Independent Bank Corp | 3330771 |
| 137090 | (a) | Metropolitan Bank Holding Corp | 8489984 |
| 207630 |  | National Bank Holdings Corp | 7507901 |
| 639260 |  | Northwest Bancshares, Inc | 7894861 |
| 297090 |  | OceanFirst Financial Corp | 4919810 |
| 424620 |  | OFG Bancorp | 16708797 |
| 147200 |  | Old National Bancorp | 3030848 |
| 332760 |  | Pacific Premier Bancorp, Inc | 6768338 |
| 75690 |  | Pathward Financial, Inc | 6007515 |
| 76240 |  | Preferred Bank | 6088526 |
| 637985 |  | Provident Financial Services, Inc | 10443814 |
| 70345 |  | QCR Holdings, Inc | 4568908 |
| 162170 |  | S&T Bancorp, Inc | 5909475 |
| 254590 |  | Towne Bank | 8388741 |
| 217163 |  | UMB Financial Corp | 20537105 |
| 429733 |  | United Bankshares, Inc | 14735545 |
| 315690 |  | Veritex Holdings, Inc | 7349263 |
| 365620 |  | WesBanco, Inc | 10888164 |
| 157710 |  | Westamerica Bancorporation | 7637895 |
| 62350 |  | WSFS Financial Corp | 3214143 |
|  |  | TOTAL BANKS | 318319474 |
|  |  | CAPITAL GOODS - 11.6% |  |
| 683500 | (a) | 3D Systems Corp | 1257640 |
| 137570 |  | Albany International Corp (Class A) | 9046603 |
| 386090 | (a) | American Superconductor Corp | 7663886 |
| 1123160 | (a),(b) | Archer Aviation, Inc | 9355923 |
| 39630 |  | Argan, Inc | 6068542 |
| 276330 | (a) | Astronics Corp | 6269928 |
| 317380 |  | Atmus Filtration Technologies, Inc | 11003565 |
| 588070 | (a),(b) | Bloom Energy Corp | 10773442 |
| 255280 | (a) | Blue Bird Corp | 8901614 |

---

See Notes to Financial Statements 19

------

## Portfolio of Investments April 30, 2025 (continued)
Quant Small Cap Equity

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | CAPITAL GOODS (continued) |  |
| 18050 |  | Comfort Systems USA, Inc | $7175777 |
| 33886 |  | CSW Industrials, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10588697 |
| 474440 | (a) | DNOW, Inc | 7529363 |
| 56220 |  | Enerpac Tool Group Corp | 2269601 |
| 92530 |  | ESCO Technologies, Inc | 14476318 |
| 178900 |  | Federal Signal Corp | 14567827 |
| 134298 |  | Franklin Electric Co, Inc | 11409958 |
| 42589 |  | FTAI Aviation Ltd | 4561708 |
| 148830 | (a) | Gibraltar Industries, Inc | 7880549 |
| 160720 |  | Granite Construction, Inc | 13064929 |
| 159270 |  | Griffon Corp | 10847880 |
| 253460 | (a) | Hillman Solutions Corp | 1771685 |
| 395620 |  | Leonardo DRS, Inc | 14622115 |
| 15107 |  | Moog, Inc (Class A) | 2526646 |
| 230270 |  | Mueller Industries, Inc | 16938661 |
| 608950 |  | Mueller Water Products, Inc (Class A) | 15978848 |
| 430729 | (a) | NEXTracker, Inc | 17491905 |
| 156000 |  | Primoris Services Corp | 9355320 |
| 641860 | (a) | Resideo Technologies, Inc | 10770411 |
| 194380 | (a),(b) | Rocket Lab USA, Inc | 4235540 |
| 135120 | (a) | SPX Technologies, Inc | 18126348 |
| 109890 | (a) | Sterling Construction Co, Inc | 16420863 |
| 353380 |  | Trinity Industries, Inc | 8869838 |
| 147040 | (a) | Triumph Group, Inc | 3734816 |
| 152990 | (a) | V2X, Inc | 7612782 |
| 51010 |  | Watts Water Technologies, Inc (Class A) | 10597328 |
| 163820 |  | Worthington Enterprises, Inc | 8294207 |
| 391210 | (a),(b) | Xometry, Inc | 10030624 |
| 132670 |  | Zurn Elkay Water Solutions Corp | 4505473 |
|  |  | TOTAL CAPITAL GOODS | 356597160 |
|  |  | COMMERCIAL & PROFESSIONAL SERVICES - 4.4% |  |
| 264460 |  | ABM Industries, Inc | 12889780 |
| 614830 | (a) | ACV Auctions, Inc | 9031853 |
| 155180 |  | Barrett Business Services, Inc | 6294101 |
| 107360 | (a) | CBIZ, Inc | 7311216 |
| 151160 |  | CSG Systems International, Inc | 9089251 |
| 460680 | (a) | ExlService Holdings, Inc | 22333766 |
| 509770 | (a) | Healthcare Services Group | 7243832 |
| 106500 |  | Heidrick & Struggles International, Inc | 4155630 |
| 81320 | (a) | Huron Consulting Group, Inc | 10961123 |
| 39852 |  | ICF International, Inc | 3385826 |
| 105369 | (a) | Innodata, Inc | 3985056 |
| 262330 |  | Interface, Inc | 4931804 |
| 963200 | (a) | Legalzoom.com, Inc | 7050624 |
| 171830 | (a) | Liquidity Services, Inc | 5460757 |
| 368640 | (a) | Montrose Environmental Group, Inc | 5393203 |
| 59922 |  | Unifirst Corp | 10694279 |
| 362930 | (a) | Upwork, Inc | 4772529 |
|  |  | TOTAL COMMERCIAL & PROFESSIONAL SERVICES | 134984630 |
|  |  | CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 2.3% |  |
| 207220 | (a) | Abercrombie & Fitch Co (Class A) | 14385212 |
| 632420 |  | American Eagle Outfitters, Inc | 6659383 |
| 20770 | (a) | Carvana Co | 5075150 |
| 1349161 | (a),(b) | EVgo, Inc | 3723684 |
| 378970 | (a),(b) | GigaCloud Technology, Inc | 4752284 |
| 2035580 | (a) | Petco Health & Wellness Co, Inc | 6004961 |
| 513250 | (a) | Sally Beauty Holdings, Inc | 4177855 |
| 241444 | (a) | Urban Outfitters, Inc | 12743414 |
| 176900 | (a) | Victoria's Secret & Co | 3325720 |

---

20 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL (continued) |  |
| 619290 | (a) | Warby Parker, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10224478 |
|  |  | TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71072141 |
|  |  | CONSUMER DURABLES & APPAREL - 1.3% |  |
| 284430 | (a) | G-III Apparel Group Ltd | 7173325 |
| 1117410 | (a) | Peloton Interactive, Inc | 7698955 |
| 289730 | (a) | Taylor Morrison Home Corp | 16616015 |
| 321820 | (a) | Tri Pointe Homes, Inc | 9895965 |
|  |  | TOTAL CONSUMER DURABLES & APPAREL | 41384260 |
|  |  | CONSUMER SERVICES - 4.5% |  |
| 11730 | (a),(b) | Biglari Holdings, Inc (B Shares) | 2732034 |
| 51580 | (a) | BJ's Restaurants, Inc | 1717098 |
| 118650 | (a) | Brinker International, Inc | 15934695 |
| 59390 |  | Carriage Services, Inc | 2373224 |
| 741464 | (a) | Coursera, Inc | 6243127 |
| 72477 | (a) | Despegar.com Corp | 1410402 |
| 14810 | (a) | Duolingo, Inc | 5768199 |
| 391710 | (a) | Everi Holdings, Inc | 5503525 |
| 165060 | (a) | Frontdoor, Inc | 6785617 |
| 307510 |  | International Game Technology plc | 5043164 |
| 569450 | (a) | Laureate Education, Inc | 11428862 |
| 350690 | (a) | Life Time Group Holdings, Inc | 10752155 |
| 87540 |  | Monarch Casino & Resort, Inc | 6844753 |
| 325600 |  | Perdoceo Education Corp | 8179072 |
| 432740 | (a),(b) | Portillo's, Inc | 4474532 |
| 750020 | (a) | Rush Street Interactive, Inc | 9097743 |
| 110930 | (a) | Shake Shack, Inc | 9732998 |
| 109010 |  | Strategic Education, Inc | 8893036 |
| 48300 | (a) | Stride, Inc | 6870675 |
| 343506 |  | Super Group SGHC Ltd | 2789269 |
| 154490 | (a) | Universal Technical Institute, Inc | 4334989 |
|  |  | TOTAL CONSUMER SERVICES | 136909169 |
|  |  | CONSUMER STAPLES DISTRIBUTION & RETAIL - 1.7% |  |
| 193540 | (a) | Chefs' Warehouse, Inc | 11025974 |
| 236010 | (a) | Sprouts Farmers Market, Inc | 40357710 |
|  |  | TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL | 51383684 |
|  |  | ENERGY - 4.6% |  |
| 567850 |  | Archrock, Inc | 13361510 |
| 413800 |  | Ardmore Shipping Corp | 3947652 |
| 280420 |  | Aris Water Solution, Inc | 6999283 |
| 289010 |  | California Resources Corp | 9973735 |
| 396950 | (a) | CNX Resources Corp | 11682238 |
| 781440 |  | Crescent Energy Co | 6470323 |
| 487700 |  | Delek US Holdings, Inc | 6349854 |
| 171600 |  | Excelerate Energy, Inc | 4389528 |
| 454260 | (a) | Expro Group Holdings NV | 3756730 |
| 414340 |  | Golar LNG Ltd | 17611522 |
| 355528 | (a) | Helix Energy Solutions Group, Inc | 2165166 |
| 194270 |  | Liberty Energy, Inc | 2234105 |
| 642910 | (a) | NextDecade Corp | 4808967 |
| 260690 | (a) | Oceaneering International, Inc | 4627248 |
| 486189 | (a) | Par Pacific Holdings, Inc | 6962226 |
| 847170 |  | Patterson-UTI Energy, Inc | 4778039 |
| 832340 | (a) | ProPetro Holding Corp | 4145053 |
| 82110 | (a) | Rex American Resources Corp | 3261409 |
| 513500 |  | Sitio Royalties Corp | 8708960 |
| 302210 |  | SM Energy Co | 6887366 |
| 257500 |  | Teekay Corp Ltd | 1856575 |
| 88740 |  | Teekay Tankers Ltd | 3777662 |
| 130430 | (b) | Vitesse Energy, Inc | 2667294 |
|  |  | TOTAL ENERGY | 141422445 |
|  |  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 5.4% |  |
| 254980 |  | American Assets Trust, Inc | 4775775 |

---

*See Notes to Financial Statements* 21

------

Quant Small Cap Equity

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) (continued) |  |
| 103460 |  | American Healthcare REIT, Inc | $3339689 |
| 779460 |  | Apple Hospitality REIT, Inc | 9174244 |
| 554900 |  | Broadstone Net Lease, Inc | 8978282 |
| 371480 |  | Corporate Office Properties Trust | 9699343 |
| 968410 |  | DiamondRock Hospitality Co | 7108129 |
| 816230 |  | Empire State Realty Trust, Inc | 5811558 |
| 460660 |  | Essential Properties Realty Trust, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14819432 |
| 988850 |  | Hudson Pacific Properties, Inc | 2027142 |
| 289050 |  | Independence Realty Trust, Inc | 5616241 |
| 357020 |  | InvenTrust Properties Corp | 9946577 |
| 608800 |  | Kite Realty Group Trust | 13180520 |
| 65832 |  | Mack-Cali Realty Corp | 1021713 |
| 59910 |  | National Health Investors, Inc | 4533390 |
| 869610 |  | Paramount Group, Inc | 3730627 |
| 415020 | (c) | Phillips Edison & Co, Inc | 14401194 |
| 287650 |  | Piedmont Office Realty Trust, Inc | 1700012 |
| 965020 |  | RLJ Lodging Trust | 6764790 |
| 48380 |  | Ryman Hospitality Properties, Inc | 4255021 |
| 891640 |  | Summit Hotel Properties, Inc | 3628975 |
| 491160 |  | Tanger Factory Outlet Centers, Inc | 15476452 |
| 355020 |  | UMH Properties, Inc | 6273203 |
| 557950 |  | Urban Edge Properties | 10082157 |
|  |  | TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) | 166344466 |
|  |  | FINANCIAL SERVICES - 6.4% |  |
| 129700 |  | ARMOUR Residential REIT, Inc | 2136159 |
| 260770 |  | Artisan Partners Asset Management, Inc | 9643275 |
| 1921870 |  | BGC Group, Inc | 17412142 |
| 171280 | (a) | Dave, Inc | 16240770 |
| 228690 |  | Enact Holdings, Inc | 8184815 |
| 286120 |  | Essent Group Ltd | 16288812 |
| 473160 | (a) | Green Dot Corp | 3960349 |
| 225670 |  | Jackson Financial, Inc | 17581950 |
| 165820 | (a) | LendingTree, Inc | 8554654 |
| 92250 |  | Merchants Bancorp | 2774880 |
| 334120 | (a) | NCR Corp ATM | 9328630 |
| 389395 | (a) | NMI Holdings, Inc | 14084417 |
| 434020 |  | P10, Inc | 4804601 |
| 1270820 | (a) | Pagseguro Digital Ltd | 12746325 |
| 1684430 | (a) | Payoneer Global, Inc | 11841543 |
| 28450 |  | Piper Jaffray Cos | 6859864 |
| 416900 |  | Radian Group, Inc | 13315786 |
| 688060 | (a) | Repay Holdings Corp | 2752240 |
| 190050 |  | Victory Capital Holdings, Inc | 10887964 |
| 36500 |  | Virtus Investment Partners, Inc | 5606035 |
|  |  | TOTAL FINANCIAL SERVICES | 195005211 |
|  |  | FOOD, BEVERAGE & TOBACCO - 1.1% |  |
| 143610 |  | Cal-Maine Foods, Inc | 13408866 |
| 335155 |  | Dole plc | 5091004 |
| 500250 |  | Primo Brands Corp | 16343168 |
|  |  | TOTAL FOOD, BEVERAGE & TOBACCO | 34843038 |
|  |  | HEALTH CARE EQUIPMENT & SERVICES - 6.9% |  |
| 1020030 | (a) | agilon health, Inc | 4345328 |
| 549820 | (a) | Alignment Healthcare, Inc | 9742810 |
| 138260 | (a) | AMN Healthcare Services, Inc | 2824652 |
| 442600 | (a) | Angiodynamics, Inc | 4111754 |
| 323280 | (a) | AtriCure, Inc | 9669305 |
| 188800 | (a) | Axogen, Inc | 3071776 |
| 429520 | (a),(b) | BrightSpring Health Services, Inc | 7529486 |
| 1401160 | (a) | Brookdale Senior Living, Inc | 9191610 |
| 247040 | (a) | Castle Biosciences, Inc | 4953152 |
| 242517 |  | Concentra Group Holdings Parent, Inc | 5274745 |
| 24780 | (a) | Corvel Corp | 2695073 |

---

22 *See Notes to Financial Statements*

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | HEALTH CARE EQUIPMENT & SERVICES (continued) |  |
| 141970 (a) | Guardant Health, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6705243 |
| 421920 (a) | Health Catalyst, Inc | 1666584 |
| 598802 (a) | Hims & Hers Health, Inc | 19820346 |
| 211077 (a) | Lantheus Holdings, Inc | 22023774 |
| 284620 (a) | LifeStance Health Group, Inc | 1869953 |
| 234230 (a) | LivaNova plc | 8666510 |
| 128810 (a) | Merit Medical Systems, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12166104 |
| 259930 (a) | Novocure Ltd | 4715130 |
| 195730 (a) | Omnicell, Inc | 6118520 |
| 485720 (a) | Option Care Health, Inc | 15693613 |
| 325900 (a) | Phreesia, Inc | 8134464 |
| 500890 (a) | Privia Health Group, Inc | 11760897 |
| 449520 (a) | Progyny, Inc | 10267037 |
| 421420 | Select Medical Holdings Corp | 7686701 |
| 123550 (a) | Tandem Diabetes Care, Inc | 2081818 |
| 78230 | US Physical Therapy, Inc | 5562935 |
| 84730 (a) | Waystar Holding Corp | 3149414 |
|  | TOTAL HEALTH CARE EQUIPMENT & SERVICES | 211498734 |
|  | HOUSEHOLD & PERSONAL PRODUCTS - 0.4% |  |
| 96900 (a) | BellRing Brands, Inc | 7474866 |
| 73770 (a) | Central Garden & Pet Co | 2475721 |
| 560370 (a) | Honest Co, Inc | 2684172 |
|  | TOTAL HOUSEHOLD & PERSONAL PRODUCTS | 12634759 |
|  | INSURANCE - 1.4% |  |
| 127010 | Employers Holdings, Inc | 6171416 |
| 136880 | F&G Annuities & Life, Inc | 4764793 |
| 457330 | Fidelis Insurance Holdings Ltd | 7477345 |
| 1643050 (a) | Genworth Financial, Inc (Class A) | 11271323 |
| 411680 (a) | Hamilton Insurance Group Ltd | 7616080 |
| 44940 (a) | Palomar Holdings, Inc | 6517199 |
|  | TOTAL INSURANCE | 43818156 |
|  | MATERIALS - 3.7% |  |
| 326460 | Avient Corp | 10874382 |
| 95310 | Balchem Corp | 14920780 |
| 93290 | Carpenter Technology Corp | 18248457 |
| 431960 (a) | Century Aluminum Co | 7088464 |
| 220710 (a) | Clearwater Paper Corp | 5928271 |
| 474052 (a) | Coeur Mining, Inc | 2630989 |
| 303380 | Compass Minerals International, Inc | 4077427 |
| 275380 (a) | Constellium SE | 2784092 |
| 46950 | Innospec, Inc | 4201086 |
| 123650 (a) | Knife River Corp | 11546437 |
| 74577 | Minerals Technologies, Inc | 3847427 |
| 94994 | Olympic Steel, Inc | 3063556 |
| 291860 (a) | Rayonier Advanced Materials, Inc | 1243324 |
| 132180 | Sensient Technologies Corp | 12418311 |
| 943240 (a) | SSR Mining, Inc | 10036074 |
|  | TOTAL MATERIALS | 112909077 |
|  | MEDIA & ENTERTAINMENT - 1.9% |  |
| 349800 (a) | Cargurus, Inc | 9780408 |
| 347180 (a) | EverQuote, Inc | 8242053 |
| 401220 | Gray Television, Inc | 1344087 |
| 408590 (a) | Grindr, Inc | 8976722 |
| 701874 (a) | Integral Ad Science Holding Corp | 4962249 |
| 726840 (a) | Lions Gate Entertainment Corp (Class B) | 5800183 |
| 600240 (a) | Magnite, Inc | 7136854 |
| 307770 (a) | PubMatic, Inc | 3006913 |
| 68590 (a) | QuinStreet, Inc | 1201697 |
| 168800 | TEGNA, Inc | 2739624 |

---

*See Notes to Financial Statements* 23

------

Quant Small Cap Equity

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | MEDIA & ENTERTAINMENT (continued) |  |
| 154470 | (a) | Yelp, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5418808 |
|  |  | TOTAL MEDIA & ENTERTAINMENT | 58609598 |
|  |  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 11.2% |  |
| 198776 | (a) | Acadia Pharmaceuticals, Inc | 2902130 |
| 897090 | (a) | Adaptive Biotechnologies Corp | 6602582 |
| 1268703 | (a) | ADMA Biologics, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30195132 |
| 383986 | (a) | Akebia Therapeutics, Inc | 925406 |
| 197290 | (a) | Akero Therapeutics, Inc | 8998397 |
| 412450 | (a) | Alkermes plc | 11866187 |
| 1054480 | (a) | Amicus Therapeutics, Inc | 8098406 |
| 1018450 | (a) | Amneal Pharmaceuticals, Inc | 7801327 |
| 276420 | (a),(b) | AnaptysBio, Inc | 6142052 |
| 45960 | (a) | ANI Pharmaceuticals, Inc | 3254887 |
| 1604210 | (a) | Ardelyx, Inc | 8831176 |
| 849120 | (a) | Aurinia Pharmaceuticals, Inc | 6996749 |
| 96790 | (a) | Axsome Therapeutics, Inc | 10868549 |
| 1146830 | (a) | BioCryst Pharmaceuticals, Inc | 10149446 |
| 158550 | (a) | Blueprint Medicines Corp | 14190225 |
| 518400 | (a) | Catalyst Pharmaceuticals, Inc | 12591936 |
| 556460 | (a) | Dynavax Technologies Corp | 6538405 |
| 2458080 | (a),(b) | Esperion Thereapeutics, Inc | 2456605 |
| 461250 | (a) | Evolus, Inc | 5258250 |
| 281940 | (a) | Halozyme Therapeutics, Inc | 17316755 |
| 441850 | (a) | Innoviva, Inc | 8258177 |
| 253220 | (a) | Insmed, Inc | 18231840 |
| 331000 | (a) | Kiniksa Pharmaceuticals Ltd | 8927070 |
| 1506960 | (a) | MannKind Corp | 7595078 |
| 230920 | (a) | Mirum Pharmaceuticals, Inc | 10033474 |
| 458610 | (a) | Myriad Genetics, Inc | 3398300 |
| 377100 | (a) | Pacira BioSciences, Inc | 10143990 |
| 844780 | (a) | Perspective Therapeutics, Inc | 2069711 |
| 138424 |  | Phibro Animal Health Corp | 2576071 |
| 330230 | (a) | PTC Therapeutics, Inc | 16458663 |
| 462110 | (a),(b) | Recursion Pharmaceuticals, Inc | 2583195 |
| 509320 | (a) | Replimune Group, Inc | 4981150 |
| 431860 | (a) | Sage Therapeutics, Inc | 3148259 |
| 69670 | (a) | SpringWorks Therapeutics, Inc | 3225721 |
| 136600 | (a) | Tarsus Pharmaceuticals, Inc | 7090906 |
| 816464 | (a) | Terns Pharmaceuticals, Inc | 2694331 |
| 238130 | (a),(b) | TG Therapeutics, Inc | 10837296 |
| 598240 | (a) | Travere Therapeutics, Inc | 12449374 |
| 255250 | (a) | Twist Bioscience Corp | 9781180 |
| 236168 | (a) | Veracyte, Inc | 7203124 |
| 937680 | (a) | Verve Therapeutics, Inc | 5316646 |
| 601930 | (a) | Xeris Biopharma Holdings, Inc | 2750820 |
| 201097 | (a) | Zymeworks, Inc | 2616272 |
|  |  | TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES | 344355250 |
|  |  | REAL ESTATE MANAGEMENT & DEVELOPMENT - 0.7% |  |
| 1298010 | (a) | Compass, Inc | 10020637 |
| 199565 | (a) | Cushman & Wakefield plc | 1869924 |
| 745640 |  | Newmark Group, Inc | 8194584 |
|  |  | TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT | 20085145 |
|  |  | SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 1.3% |  |
| 103830 | (a) | Ambarella, Inc | 4982802 |
| 162620 | (a) | Credo Technology Group Holding Ltd | 7000791 |
| 25960 | (a) | Impinj, Inc | 2391695 |
| 338380 | (a) | Rambus, Inc | 16509560 |
| 264520 | (a) | Semtech Corp | 8266250 |
|  |  | TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT | 39151098 |
|  |  | SOFTWARE & SERVICES - 6.2% |  |
| 67630 | (a) | ACI Worldwide, Inc | 3608737 |
| 407070 | (a) | Asana, Inc | 6570110 |

---

24 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | SOFTWARE & SERVICES (continued) |  |
| 646860 | (a) | AvePoint, Inc | $10576161 |
| 576180 | (a) | Clearwater Analytics Holdings, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13102333 |
| 155490 | (a) | Commvault Systems, Inc | 25987044 |
| 777660 | (a) | Freshworks, Inc | 11486038 |
| 214790 | (a) | Intapp, Inc | 11654505 |
| 451760 | (a) | Jamf Holding Corp | 5226863 |
| 311860 | (a) | Olo, Inc | 1933532 |
| 460560 | (a),(b) | Pagaya Technologies Ltd | 5047738 |
| 465480 | (a) | PagerDuty, Inc | 7219595 |
| 944940 | (a) | Porch Group, Inc | 5480652 |
| 386820 | (a) | PROS Holdings, Inc | 6606886 |
| 77600 | (a) | Q2 Holdings, Inc | 6149800 |
| 358860 | (a) | Rapid7, Inc | 8476273 |
| 412340 | (a) | SEMrush Holdings, Inc | 4238855 |
| 288360 | (a) | Sprout Social, Inc | 6029608 |
| 95820 | (a) | SPS Commerce, Inc | 13751128 |
| 390160 | (a) | Tenable Holdings, Inc | 11927191 |
| 142120 | (a) | Varonis Systems, Inc | 6088421 |
| 191800 | (a) | Verint Systems, Inc | 3383352 |
| 287930 | (a) | Weave Communications, Inc | 3052058 |
| 44970 | (a) | Workiva, Inc | 3384892 |
| 663970 | (a) | Zeta Global Holdings Corp | 8671448 |
|  |  | TOTAL SOFTWARE & SERVICES | 189653220 |
|  |  | TECHNOLOGY HARDWARE & EQUIPMENT - 3.4% |  |
| 1524040 | (a) | CommScope Holding Co, Inc | 5699910 |
| 173670 | (a) | Diebold Nixdorf, Inc | 7698791 |
| 464050 | (a) | Extreme Networks, Inc | 6106898 |
| 95640 | (a) | Fabrinet | 19611938 |
| 151600 | (a) | Knowles Corp | 2386184 |
| 389592 | (a) | Netscout Systems, Inc | 8189224 |
| 33863 | (a) | OSI Systems, Inc | 6933111 |
| 355921 | (a) | Sanmina Corp | 27331173 |
| 88030 | (a),(b) | Super Micro Computer, Inc | 2804636 |
| 464480 | (a) | TTM Technologies, Inc | 9298890 |
| 542550 | (a) | Viasat, Inc | 5029438 |
| 71079 | (a) | Vishay Precision Group, Inc | 1772710 |
| 497600 | (b) | Xerox Holdings Corp | 2194416 |
|  |  | TOTAL TECHNOLOGY HARDWARE & EQUIPMENT | 105057319 |
|  |  | TELECOMMUNICATION SERVICES - 1.4% |  |
| 146850 | (a) | Anterix, Inc | 4383472 |
| 293260 | (a) | Bandwidth, Inc | 3642289 |
| 96520 |  | Iridium Communications, Inc | 2329028 |
| 2795270 | (a) | Lumen Technologies, Inc | 9895256 |
| 564980 |  | Telephone and Data Systems, Inc | 21181100 |
|  |  | TOTAL TELECOMMUNICATION SERVICES | 41431145 |
|  |  | TRANSPORTATION - 1.2% |  |
| 355810 |  | Costamare, Inc | 3319707 |
| 256738 |  | Hub Group, Inc (Class A) | 8110353 |
| 214563 | (a),(b) | Joby Aviation, Inc | 1351747 |
| 32750 |  | Matson, Inc | 3572698 |
| 237160 | (a) | Skywest, Inc | 21147557 |
|  |  | TOTAL TRANSPORTATION | 37502062 |
|  |  | UTILITIES - 4.1% |  |
| 76370 |  | Allete, Inc | 5001471 |
| 293890 |  | Avista Corp | 12187618 |
| 226958 |  | Black Hills Corp | 13821742 |
| 397999 |  | Brookfield Infrastructure Corp | 14901083 |
| 261010 |  | California Water Service Group | 13220156 |
| 191390 |  | Northwest Natural Holding Co | 8248909 |
| 235930 |  | NorthWestern Corp | 13738204 |
| 181790 |  | SJW Corp | 10314765 |
| 203730 |  | Southwest Gas Holdings Inc | 14711343 |

---

*See Notes to Financial Statements* 25

------

Quant Small Cap Equity

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION |  |  | VALUE |
|  | UTILITIES (continued) |  |  |  |
| 207470 | Spire, Inc |  |  | $15879754 |
| 74560 | Unitil Corp |  |  | 4373690 |
|  | TOTAL UTILITIES |  |  | 126398735 |
|  | TOTAL COMMON STOCKS<br> (Cost $2,687,056,343) |  |  | 3007115255 |
|  | TOTAL LONG-TERM INVESTMENTS<br> (Cost $2,687,056,343) |  |  | 3007115255 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | RATE |  | VALUE |
|  | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 1.0% |  |  |  |
| 30472345 (d) | State Street Navigator Securities Lending Government Money Market Portfolio | 4.360%(e) |  | 30472345 |
|  | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $30,472,345) |  |  | 30472345 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | SHORT-TERM INVESTMENTS - 1.3% |  |  |  |
|  | GOVERNMENT AGENCY DEBT - 0.3% |  |  |  |
| $5000000 | Federal Home Loan Bank Discount Notes | 0.000 | 05/12/25 | 4992950 |
| 5000000 | Federal Home Loan Bank Discount Notes | 0.000 | 05/28/25 | 4983550 |
|  | TOTAL GOVERNMENT AGENCY DEBT |  |  | 9976500 |
|  | REPURCHASE AGREEMENT - 1.0% |  |  |  |
| 30008000 (f) | Bank of New York Mellon Corp | 4.370 | 05/01/25 | 30008000 |
|  | TOTAL REPURCHASE AGREEMENT |  |  | 30008000 |
|  | TOTAL SHORT-TERM INVESTMENTS<br> (Cost $39,985,626) |  |  | 39984500 |
|  | TOTAL INVESTMENTS - 100.3%<br> (Cost $2,757,514,314) |  |  | 3077572100 |
|  | OTHER ASSETS & LIABILITIES, NET - (0.3)% |  |  | (9924615) |
|  | NET ASSETS - 100.0% |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3067647485 |

---

REIT Real Estate Investment Trust

(a) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

(b) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $50,223,246.

(c) Investment, or portion of investment, has been pledged to collateralize the net payment obligations for investments in derivatives.

(d) Investments made with cash collateral received from securities on loan.

(e) The rate shown is the one-day yield as of the end of the reporting period.

(f) Agreement with Bank of New York Mellon Corp, 4.370% dated 4/30/25 to be repurchased at $30,518,079 on 5/1/25, collateralized by Government Agency Securities, with coupon rate 4.625% and maturity date 6/15/27, valued at $30,608,239.

Investments in Derivatives

Futures Contracts - Long

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description | Number of<br>Contracts | Expiration<br>Date | Notional<br>Amount | Value | Unrealized<br>Appreciation<br>(Depreciation) |
|  Russell 2000 E-Mini Index | 310 | 06/20/25 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31569756 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30531900 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1037856) |

---

26 *See Notes to Financial Statements*

------

## Portfolio of Investments April 30, 2025
Quant Small/Mid Cap Equity

(Unaudited)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | LONG-TERM INVESTMENTS - 99.3% |  |
|  | COMMON STOCKS - 97.8% |  |
|  | AUTOMOBILES & COMPONENTS - 0.7% |  |
| 38990 (a) | Dorman Products, Inc | $4417567 |
| 66810 | Phinia, Inc | 2682421 |
| 32324 (a) | Visteon Corp | 2559738 |
|  | TOTAL AUTOMOBILES & COMPONENTS | 9659726 |
|  | BANKS - 6.2% |  |
| 82316 | Ameris Bancorp | 4823717 |
| 114504 | Bank of NT Butterfield & Son Ltd | 4600771 |
| 37072 | Bank OZK | 1579267 |
| 129265 | BankUnited, Inc | 4228258 |
| 134661 | Berkshire Hills Bancorp, Inc | 3343633 |
| 309698 | Capitol Federal Financial, Inc | 1755988 |
| 32209 | Cathay General Bancorp | 1342793 |
| 87666 | Central Pacific Financial Corp | 2252139 |
| 76868 (a) | Customers Bancorp, Inc | 3843400 |
| 30235 | East West Bancorp, Inc | 2586604 |
| 60597 | Enterprise Financial Services Corp | 3152256 |
| 252780 | First BanCorp | 4964599 |
| 120881 | First Financial Bankshares, Inc | 4050722 |
| 204515 | First Hawaiian, Inc | 4675213 |
| 429480 | First Horizon National Corp | 7764998 |
| 235690 | FNB Corp | 3085182 |
| 98930 | Hancock Whitney Corp | 5153264 |
| 53865 | International Bancshares Corp | 3287920 |
| 89973 | National Bank Holdings Corp | 3253424 |
| 106532 | OFG Bancorp | 4192034 |
| 167026 | Pacific Premier Bancorp, Inc | 3397309 |
| 77024 | Prosperity Bancshares, Inc | 5229930 |
| 63883 | Renasant Corp | 2048728 |
| 54711 | Westamerica Bancorporation | 2649654 |
|  | TOTAL BANKS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;87261803 |
|  | CAPITAL GOODS - 12.8% |  |
| 13230 | Acuity Brands, Inc | 3222960 |
| 59982 | Albany International Corp (Class A) | 3944416 |
| 59450 | Allegion plc | 8275440 |
| 9560 | Allison Transmission Holdings, Inc | 881814 |
| 25868 | Applied Industrial Technologies, Inc | 6293167 |
| 61041 (a) | AZEK Co, Inc | 3025192 |
| 14330 | BWX Technologies, Inc | 1563690 |
| 61610 (a) | Byrna Technologies, Inc | 1379448 |
| 28824 | Comfort Systems USA, Inc | 11458981 |
| 86320 (a) | Core & Main, Inc | 4547338 |
| 44296 | Crane Co | 7130770 |
| 24111 | Curtiss-Wright Corp | 8315643 |
| 249552 (a) | DNOW, Inc | 3960390 |
| 23263 | EMCOR Group, Inc | 9321484 |
| 47260 | EnerSys | 4092716 |
| 44107 | Esab Corp | 5298133 |
| 32370 | ESCO Technologies, Inc | 5064287 |
| 58691 | Federal Signal Corp | 4779208 |
| 119054 | Flowserve Corp | 5384812 |
| 29087 (a) | Fluor Corp | 1014845 |
| 46510 | Franklin Electric Co, Inc | 3951490 |
| 59963 (a) | Gibraltar Industries, Inc | 3175041 |
| 56380 | Griffon Corp | 3840042 |
| 262300 (a) | Hayward Holdings, Inc | 3496459 |
| 58451 | ITT, Inc | 8008956 |
| 10260 | John Bean Technologies Corp | 1079968 |
| 2723 | Lennox International, Inc | 1488800 |

---

See Notes to Financial Statements 27

------

## Portfolio of Investments April 30, 2025 (continued)
Quant Small/Mid Cap Equity

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | CAPITAL GOODS (continued) |  |
| 37920 | Leonardo DRS, Inc | $1401523 |
| 22270 (a) | Mastec, Inc | 2835416 |
| 253525 (a) | MRC Global, Inc | 2953566 |
| 264940 | Mueller Water Products, Inc (Class A) | 6952026 |
| 31640 (a) | MYR Group, Inc | 3870205 |
| 107892 | nVent Electric plc | 5924350 |
| 60335 | Oshkosh Corp | 5053660 |
| 100350 | Primoris Services Corp | 6017990 |
| 109610 (a) | Redwire Corp | 1181596 |
| 40850 | REV Group, Inc | 1335795 |
| 39843 (a) | SPX Technologies, Inc | 5344938 |
| 33800 | Tennant Co | 2439008 |
| 102240 | Trinity Industries, Inc | 2566224 |
| 31753 (a) | V2X, Inc | 1580029 |
| 17896 | Vertiv Holdings Co | 1527960 |
| 24820 | WESCO International, Inc | 4044667 |
|  | TOTAL CAPITAL GOODS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;179024443 |
|  | COMMERCIAL & PROFESSIONAL SERVICES - 3.3% |  |
| 248824 (a) | ACV Auctions, Inc | 3655225 |
| 49520 (a) | Cimpress plc | 2080830 |
| 36130 | Concentrix Corp | 1844798 |
| 120891 (a) | ExlService Holdings, Inc | 5860796 |
| 110240 | Genpact Ltd | 5540662 |
| 15440 (a) | Huron Consulting Group, Inc | 2081158 |
| 83650 | KBR, Inc | 4417556 |
| 430190 (a) | Legalzoom.com, Inc | 3148991 |
| 54150 | MAXIMUS, Inc | 3625884 |
| 164690 (a) | OPENLANE, Inc | 3048412 |
| 171915 | Tetra Tech, Inc | 5362029 |
| 55590 | TriNet Group, Inc | 4354365 |
| 114483 (a) | Upwork, Inc | 1505451 |
|  | TOTAL COMMERCIAL & PROFESSIONAL SERVICES | 46526157 |
|  | CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 3.3% |  |
| 101990 | A-Mark Precious Metals, Inc | 2484476 |
| 347750 | American Eagle Outfitters, Inc | 3661808 |
| 14170 (a) | Asbury Automotive Group, Inc | 3091044 |
| 174220 | Bath & Body Works, Inc | 5315452 |
| 4280 (b) | Dillard's, Inc (Class A) | 1483705 |
| 14490 | Lithia Motors, Inc (Class A) | 4242092 |
| 92520 | Macy's, Inc | 1056578 |
| 26830 | Penske Auto Group, Inc | 4176626 |
| 44623 | Sonic Automotive, Inc (Class A) | 2709509 |
| 489367 (a) | Stitch Fix, Inc | 1600230 |
| 140840 | Upbound Group, Inc | 2802716 |
| 111813 (a) | Urban Outfitters, Inc | 5901490 |
| 128487 (a) | Valvoline, Inc | 4401965 |
| 171017 (a) | Warby Parker, Inc | 2823491 |
|  | TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL | 45751182 |
|  | CONSUMER DURABLES & APPAREL - 2.5% |  |
| 26670 | Acushnet Holdings Corp | 1766087 |
| 108810 (a) | Amer Sports, Inc | 2638642 |
| 59930 (a) | BK LC Lux Finco 2 Sarl | 3082200 |
| 40770 | Century Communities, Inc | 2223596 |
| 58960 (a) | G-III Apparel Group Ltd | 1486971 |
| 69566 | Kontoor Brands, Inc | 4184395 |
| 116080 | Tapestry, Inc | 8201052 |
| 25310 (a) | Taylor Morrison Home Corp | 1451529 |
| 34240 (b) | Tempur Sealy International, Inc | 2090694 |
| 23189 (a) | TopBuild Corp | 6858379 |

---

28 *See Notes to Financial Statements*

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | CONSUMER DURABLES & APPAREL (continued) |  |
| 38320 (a) | Tri Pointe Homes, Inc | $1178340 |
|  | TOTAL CONSUMER DURABLES & APPAREL | 35161885 |
|  | CONSUMER SERVICES - 4.5% |  |
| 216960 | ADT, Inc | 1740019 |
| 134130 | Aramark | 4483966 |
| 20320 (a) | Bright Horizons Family Solutions, Inc | 2548534 |
| 33970 (a) | Brinker International, Inc | 4562171 |
| 3345 (a) | Duolingo, Inc | 1302811 |
| 290820 (a) | Everi Holdings, Inc | 4086021 |
| 79075 (a) | Frontdoor, Inc | 3250773 |
| 236661 | International Game Technology plc | 3881240 |
| 224671 (a) | Laureate Education, Inc | 4509147 |
| 174240 (a) | Life Time Group Holdings, Inc | 5342198 |
| 198520 | OneSpaWorld Holdings Ltd | 3315284 |
| 362220 (a) | Rush Street Interactive, Inc | 4393729 |
| 43211 | Strategic Education, Inc | 3525153 |
| 12045 | Texas Roadhouse, Inc (Class A) | 1998988 |
| 96160 | Travel & Leisure Co | 4224309 |
| 310251 | Wendy's Co | 3878138 |
| 65206 | Wyndham Hotels & Resorts, Inc | 5562072 |
|  | TOTAL CONSUMER SERVICES | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62604553 |
|  | CONSUMER STAPLES DISTRIBUTION & RETAIL - 1.5% |  |
| 61847 | Albertsons Cos, Inc | 1359397 |
| 93699 (a) | Chefs' Warehouse, Inc | 5338032 |
| 19021 (a) | Performance Food Group Co | 1534234 |
| 240350 (a) | United Natural Foods, Inc | 6419748 |
| 107156 (a) | US Foods Holding Corp | 7035863 |
|  | TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL | 21687274 |
|  | ENERGY - 4.2% |  |
| 44290 | ChampionX Corp | 1068718 |
| 55580 | Chesapeake Energy Corp | 5774762 |
| 46320 | Chord Energy Corp | 4179454 |
| 325850 | Crescent Energy Co | 2698038 |
| 242520 | EQT Corp | 11990189 |
| 159040 | HF Sinclair Corp | 4782333 |
| 57675 | Ovintiv, Inc | 1936726 |
| 103947 (a) | Par Pacific Holdings, Inc | 1488521 |
| 429840 | Patterson-UTI Energy, Inc | 2424298 |
| 165940 | PBF Energy, Inc | 2850849 |
| 324870 | Permian Resources Corp | 3833466 |
| 160460 | Sitio Royalties Corp | 2721402 |
| 282100 | TechnipFMC plc | 7946757 |
| 106681 (b) | Vitesse Energy, Inc | 2181626 |
| 40750 | Weatherford International plc | 1687050 |
| 70769 | World Fuel Services Corp | 1775594 |
|  | TOTAL ENERGY | 59339783 |
|  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 6.6% |  |
| 79300 | Agree Realty Corp | 6154473 |
| 146899 | Alexander & Baldwin, Inc | 2523725 |
| 52424 | American Assets Trust, Inc | 981901 |
| 40324 | American Homes 4 Rent | 1507714 |
| 172902 | Americold Realty Trust, Inc | 3343925 |
| 252235 | Brixmor Property Group, Inc | 6283174 |
| 254880 | Broadstone Net Lease, Inc | 4123958 |
| 129230 | Corporate Office Properties Trust | 3374195 |
| 48950 | CubeSmart | 1990796 |
| 229290 | DiamondRock Hospitality Co | 1682989 |
| 118020 | Equity Lifestyle Properties, Inc | 7645336 |
| 128408 | Essential Properties Realty Trust, Inc | 4130885 |
| 11478 | Federal Realty Investment Trust | 1079162 |
| 122666 | First Industrial Realty Trust, Inc | 5836448 |
| 57620 | Gaming and Leisure Properties, Inc | 2757693 |

---

*See Notes to Financial Statements* 29

------

Quant Small/Mid Cap Equity

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) (continued) |  |
| 109000 |  | InvenTrust Properties Corp | $3036740 |
| 169731 |  | Kite Realty Group Trust | 3674676 |
| 225311 |  | Mack-Cali Realty Corp | 3496827 |
| 109960 |  | NETSTREIT Corp | 1789049 |
| 48380 |  | Phillips Edison & Co, Inc | 1678786 |
| 161530 |  | Rayonier, Inc | 3951024 |
| 109976 |  | Regency Centers Corp | 7938068 |
| 272234 |  | Sabra Health Care REIT, Inc | 4859377 |
| 129900 |  | Tanger Factory Outlet Centers, Inc | 4093149 |
| 239780 |  | Washington REIT | 3733375 |
|  |  | TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) | 91667445 |
|  |  | FINANCIAL SERVICES - 8.1% |  |
| 128760 |  | Annaly Capital Management, Inc | 2523696 |
| 140279 |  | Brightsphere Investment Group, Inc | 3779116 |
| 161142 |  | Cannae Holdings, Inc | 2853825 |
| 187242 |  | Corebridge Financial, Inc | 5547980 |
| 96610 |  | Enact Holdings, Inc | 3457672 |
| 330000 |  | Invesco Ltd | 4596900 |
| 135800 |  | Janus Henderson Group plc | 4509918 |
| 280940 | (a) | LendingClub Corp | 2744784 |
| 27540 |  | MarketAxess Holdings, Inc | 6102589 |
| 60980 | (a) | NCR Corp ATM | 1702562 |
| 119762 | (a) | NMI Holdings, Inc | 4331791 |
| 446090 | (a) | Pagseguro Digital Ltd | 4474283 |
| 609506 | (a) | Payoneer Global, Inc | 4284827 |
| 96060 |  | PROG Holdings, Inc | 2532142 |
| 291820 | (a) | Remitly Global, Inc | 5900600 |
| 375330 | (a) | Robinhood Markets, Inc | 18432456 |
| 19340 |  | SEI Investments Co | 1514129 |
| 797350 | (a) | SoFi Technologies, Inc | 9974848 |
| 59463 |  | StepStone Group, Inc | 2973745 |
| 42583 | (a) | StoneX Group, Inc | 3771363 |
| 99720 | (a) | Upstart Holdings, Inc | 4766616 |
| 54254 |  | Victory Capital Holdings, Inc | 3108212 |
| 155359 |  | Virtu Financial, Inc | 6082305 |
| 322330 |  | WisdomTree, Inc | 2804271 |
|  |  | TOTAL FINANCIAL SERVICES | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;112770630 |
|  |  | FOOD, BEVERAGE & TOBACCO - 1.3% |  |
| 227010 |  | Dole plc | 3448282 |
| 13131 |  | Ingredion, Inc | 1744059 |
| 274800 |  | Primo Brands Corp | 8977716 |
| 71300 |  | Smithfield Foods, Inc | 1583573 |
| 210100 |  | Utz Brands, Inc | 2792229 |
|  |  | TOTAL FOOD, BEVERAGE & TOBACCO | 18545859 |
|  |  | HEALTH CARE EQUIPMENT & SERVICES - 5.0% |  |
| 971259 | (a) | agilon health, Inc | 4137563 |
| 186740 | (a) | Alignment Healthcare, Inc | 3309033 |
| 118181 | (a) | AtriCure, Inc | 3534794 |
| 262000 | (a),(b) | BrightSpring Health Services, Inc | 4592860 |
| 109890 | (a) | Doximity, Inc | 6250543 |
| 174130 | (a) | Evolent Health, Inc | 1716922 |
| 73640 | (a) | GeneDx Holdings Corp | 4922834 |
| 85860 | (a) | Globus Medical, Inc | 6162172 |
| 134943 | (a) | Hims & Hers Health, Inc | 4466613 |
| 102622 | (a) | LivaNova plc | 3797014 |
| 60000 | (a) | Novocure Ltd | 1088400 |
| 157540 | (a) | Option Care Health, Inc | 5090117 |
| 111170 | (a) | Phreesia, Inc | 2774803 |
| 160574 | (a) | Privia Health Group, Inc | 3770278 |
| 167320 | (a) | Progyny, Inc | 3821589 |
| 385700 | (a) | Teladoc Health, Inc | 2773183 |
| 13270 |  | Teleflex, Inc | 1818654 |

---

30 *See Notes to Financial Statements*

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | HEALTH CARE EQUIPMENT & SERVICES (continued) |  |
| 43360 (a) | Tenet Healthcare Corp | $6198312 |
|  | TOTAL HEALTH CARE EQUIPMENT & SERVICES | 70225684 |
|  | HOUSEHOLD & PERSONAL PRODUCTS - 1.1% |  |
| 129065 (a) | BellRing Brands, Inc | 9956074 |
| 49250 | Energizer Holdings, Inc | 1331720 |
| 197350 (a) | Honest Co, Inc | 945307 |
| 51220 | Spectrum Brands Holdings, Inc | 3231982 |
|  | TOTAL HOUSEHOLD & PERSONAL PRODUCTS | 15465083 |
|  | INSURANCE - 4.4% |  |
| 41839 | American Financial Group, Inc | 5299328 |
| 73709 | Axis Capital Holdings Ltd | 7099651 |
| 144160 | CNO Financial Group, Inc | 5469430 |
| 55600 | Fidelis Insurance Holdings Ltd | 909060 |
| 16680 | First American Financial Corp | 1014311 |
| 50760 | Globe Life, Inc | 6260738 |
| 209220 (a) | Hamilton Insurance Group Ltd | 3870570 |
| 75260 | Mercury General Corp | 4170909 |
| 191080 | Old Republic International Corp | 7184608 |
| 488065 (a) | Oscar Health, Inc | 6349726 |
| 24840 | Primerica, Inc | 6509819 |
| 8039 | Reinsurance Group of America, Inc (Class A) | 1505785 |
| 63193 | Selective Insurance Group, Inc | 5512325 |
|  | TOTAL INSURANCE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61156260 |
|  | MATERIALS - 5.8% |  |
| 110690 | Avient Corp | 3687084 |
| 137400 (a) | Axalta Coating Systems Ltd | 4465500 |
| 29470 | Balchem Corp | 4613528 |
| 42118 | Carpenter Technology Corp | 8238702 |
| 54300 (a) | Clearwater Paper Corp | 1458498 |
| 658760 (a) | Coeur Mining, Inc | 3656118 |
| 354629 (a) | Constellium SE | 3585299 |
| 78550 | Crown Holdings, Inc | 7566722 |
| 221610 | Element Solutions, Inc | 4523060 |
| 798750 | Hecla Mining Co | 4568850 |
| 132220 | Huntsman Corp | 1759848 |
| 54366 | Minerals Technologies, Inc | 2804742 |
| 239580 | Mosaic Co | 7283232 |
| 41590 | Packaging Corp of America | 7719520 |
| 48062 | Royal Gold, Inc | 8781408 |
| 74080 | Silgan Holdings, Inc | 3826232 |
| 74747 | Worthington Steel, Inc | 1918008 |
|  | TOTAL MATERIALS | 80456351 |
|  | MEDIA & ENTERTAINMENT - 2.3% |  |
| 79600 (a) | Cargurus, Inc | 2225616 |
| 99200 (a) | EverQuote, Inc | 2355008 |
| 683530 (a) | fuboTV, Inc | 2050590 |
| 164350 (a) | Grindr, Inc | 3610769 |
| 260698 (a) | Integral Ad Science Holding Corp | 1843135 |
| 42470 (a) | Madison Square Garden Entertainment Corp | 1377727 |
| 238950 (a) | Magnite, Inc | 2841115 |
| 197790 (a) | MediaAlpha, Inc | 1661436 |
| 125280 | New York Times Co (Class A) | 6522077 |
| 134440 | News Corp (Class A) | 3646013 |
| 216030 | TEGNA, Inc | 3506167 |
|  | TOTAL MEDIA & ENTERTAINMENT | 31639653 |
|  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 7.6% |  |
| 265670 (a) | ADMA Biologics, Inc | 6322946 |
| 185200 (a) | Alkermes plc | 5328204 |
| 379010 (a) | Amicus Therapeutics, Inc | 2910797 |
| 177250 (a) | Amneal Pharmaceuticals, Inc | 1357735 |
| 22310 (a) | ANI Pharmaceuticals, Inc | 1579994 |
| 117360 (a) | Apellis Pharmaceuticals, Inc | 2254486 |

---

*See Notes to Financial Statements* 31

------

Quant Small/Mid Cap Equity

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES (continued) |  |
| 577550 (a) | BioCryst Pharmaceuticals, Inc | $5111318 |
| 30460 (a) | Blueprint Medicines Corp | 2726170 |
| 81460 (a) | Brooks Automation, Inc | 2145656 |
| 231281 (a) | Codexis, Inc | 531946 |
| 86083 (a) | Exact Sciences Corp | 3928828 |
| 204473 (a) | Exelixis, Inc | 8005118 |
| 125501 (a) | Halozyme Therapeutics, Inc | 7708271 |
| 153050 (a) | Innoviva, Inc | 2860505 |
| 45340 (a) | Jazz Pharmaceuticals plc | 5302966 |
| 74530 (a) | Kiniksa Pharmaceuticals Ltd | 2010074 |
| 63930 (a) | Mirum Pharmaceuticals, Inc | 2777759 |
| 123950 (a) | Myriad Genetics, Inc | 918470 |
| 81197 (a) | Natera, Inc | 12255063 |
| 122597 (a) | PTC Therapeutics, Inc | 6110234 |
| 149905 | QIAGEN NV | 6408439 |
| 34120 (a) | TG Therapeutics, Inc | 1552801 |
| 177170 (a) | Travere Therapeutics, Inc | 3686908 |
| 90190 (a) | Twist Bioscience Corp | 3456081 |
| 89040 (a) | Ultragenyx Pharmaceutical, Inc | 3470779 |
| 173512 (a) | Veracyte, Inc | 5292116 |
|  | TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;106013664 |
|  | REAL ESTATE MANAGEMENT & DEVELOPMENT - 0.6% |  |
| 925140 (a) | Compass, Inc | 7142081 |
| 141074 (b) | eXp World Holdings, Inc | 1292238 |
|  | TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT | 8434319 |
|  | SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 1.2% |  |
| 23110 (a) | Ambarella, Inc | 1109049 |
| 22740 (a) | Cirrus Logic, Inc | 2183950 |
| 151312 (a) | Credo Technology Group Holding Ltd | 6513981 |
| 41380 (a) | MACOM Technology Solutions Holdings, Inc | 4293175 |
| 6150 (a) | Onto Innovation, Inc | 750115 |
| 26630 (a) | Rambus, Inc | 1299278 |
|  | TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT | 16149548 |
|  | SOFTWARE & SERVICES - 6.4% |  |
| 33390 (a) | Alkami Technology, Inc | 891179 |
| 69940 | Amdocs Ltd | 6195285 |
| 6081 (a) | Appfolio, Inc | 1255848 |
| 7700 (a) | AppLovin Corp | 2073687 |
| 154070 (a) | Box, Inc | 4810066 |
| 202693 | Clear Secure, Inc | 5002463 |
| 181670 (a) | Clearwater Analytics Holdings, Inc | 4131176 |
| 47290 (a) | Commvault Systems, Inc | 7903578 |
| 109340 (a) | Confluent, Inc | 2603385 |
| 46649 (a) | Dynatrace, Inc | 2191104 |
| 50150 (a) | Elastic NV | 4322930 |
| 196590 (a) | Freshworks, Inc | 2903634 |
| 16170 (a) | Gitlab, Inc | 754654 |
| 233774 (a) | Kyndryl Holdings, Inc | 7578953 |
| 34412 (a) | Manhattan Associates, Inc | 6104345 |
| 154706 (a) | Nutanix, Inc | 10628302 |
| 28500 | Pegasystems, Inc | 2624280 |
| 185040 (a) | PROS Holdings, Inc | 3160483 |
| 28108 (a) | Q2 Holdings, Inc | 2227559 |
| 48514 (a) | SentinelOne, Inc | 897509 |
| 22317 (a) | SPS Commerce, Inc | 3202713 |
| 119060 (a) | Tenable Holdings, Inc | 3639664 |
| 120580 (a) | Unity Software, Inc | 2540621 |
| 25630 (a) | Workiva, Inc | 1929170 |
|  | TOTAL SOFTWARE & SERVICES | 89572588 |
|  | TECHNOLOGY HARDWARE & EQUIPMENT - 3.4% |  |
| 65390 | Benchmark Electronics, Inc | 2127137 |
| 94506 (a) | Calix, Inc | 3866241 |

---

32 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION |  | VALUE |
|  |  | TECHNOLOGY HARDWARE & EQUIPMENT (continued) |  |  |
| 111488 | (a) | Extreme Networks, Inc |  | $1467182 |
| 27581 | (a) | Fabrinet |  | 5655760 |
| 44969 | (a) | Itron, Inc |  | 5004600 |
| 25980 |  | Jabil Inc |  | 3807629 |
| 104180 |  | Juniper Networks, Inc |  | 3783818 |
| 6100 |  | Littelfuse, Inc |  | 1112091 |
| 309230 | (a) | Mirion Technologies, Inc |  | 4879649 |
| 36540 | (a) | Plexus Corp |  | 4473592 |
| 67884 | (a) | Sanmina Corp |  | 5212812 |
| 188720 | (a) | TTM Technologies, Inc |  | 3778174 |
| 58330 |  | Vontier Corp |  | 1855477 |
|  |  | TOTAL TECHNOLOGY HARDWARE & EQUIPMENT |  | 47024162 |
|  |  | TELECOMMUNICATION SERVICES - 0.4% |  |  |
| 41763 | (a),(c) | GCI Liberty, Inc |  | 418 |
| 71940 |  | Iridium Communications, Inc |  | 1735912 |
| 294320 | (a) | Liberty Global Ltd |  | 3222804 |
|  |  | TOTAL TELECOMMUNICATION SERVICES |  | 4959134 |
|  |  | TRANSPORTATION - 1.4% |  |  |
| 76190 |  | CH Robinson Worldwide, Inc |  | 6797672 |
| 124600 | (a) | GXO Logistics, Inc |  | 4515504 |
| 39374 |  | Hub Group, Inc (Class A) |  | 1243824 |
| 61710 |  | Knight-Swift Transportation Holdings, Inc |  | 2417181 |
| 347095 | (a) | Lyft, Inc (Class A) |  | 4303978 |
|  |  | TOTAL TRANSPORTATION |  | 19278159 |
|  |  | UTILITIES - 3.2% |  |  |
| 36633 |  | Allete, Inc |  | 2399095 |
| 96380 |  | Avista Corp |  | 3996879 |
| 99750 |  | Clearway Energy, Inc (Class A) |  | 2728163 |
| 27814 |  | MGE Energy, Inc |  | 2514942 |
| 43064 |  | New Jersey Resources Corp |  | 2107552 |
| 78280 |  | NorthWestern Corp |  | 4558244 |
| 108220 |  | NRG Energy, Inc |  | 11858748 |
| 68320 |  | ONE Gas, Inc |  | 5363803 |
| 70150 |  | Pinnacle West Capital Corp |  | 6676877 |
| 17488 |  | Vistra Corp |  | 2266969 |
|  |  | TOTAL UTILITIES |  | 44471272 |
|  |  | TOTAL COMMON STOCKS<br> (Cost $1,220,060,636) |  | 1364846617 |
| SHARES |  | DESCRIPTION |  | VALUE |
|  |  | INVESTMENT COMPANIES - 1.5% |  |  |
| 133000 |  | Vanguard Russell 2000 ETF |  | 10473750 |
| 48000 |  | Vanguard Small-Cap ETF |  | 10375200 |
|  |  | TOTAL INVESTMENT COMPANIES<br> (Cost $20,683,207) |  | 20848950 |
|  |  | TOTAL LONG-TERM INVESTMENTS<br> (Cost $1,240,743,843) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1385695567 |
| SHARES |  | DESCRIPTION | RATE | VALUE |
|  |  | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.2% |  |  |
| 2741736 | (d) | State Street Navigator Securities Lending Government Money Market Portfolio | 4.360%(e) | 2741736 |
|  |  | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $2,741,736) |  | 2741736 |

---

*See Notes to Financial Statements* 33

------

Quant Small/Mid Cap Equity

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | SHORT-TERM INVESTMENTS - 0.5% |  |  |  |
|  | REPURCHASE AGREEMENT - 0.5% |  |  |  |
| $6297000 (f) | Bank of New York Mellon Corp | 4.370% | 05/01/25 | $6297000 |
|  | TOTAL REPURCHASE AGREEMENT |  |  | 6297000 |
|  | TOTAL SHORT-TERM INVESTMENTS<br> (Cost $6,297,000) |  |  | 6297000 |
|  | TOTAL INVESTMENTS - 100.0%<br> (Cost $1,249,782,579) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1394734303 |
|  | OTHER ASSETS & LIABILITIES, NET - 0.0% |  |  | 342002 |
|  | NET ASSETS - 100.0% |  |  | $1395076305 |

---

ETF Exchange Traded Fund

REIT Real Estate Investment Trust

(a) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

(b) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $3,067,900.

(c) For fair value measurement disclosure purposes, investment classified as Level 3.

(d) Investments made with cash collateral received from securities on loan.

(e) The rate shown is the one-day yield as of the end of the reporting period.

(f) Agreement with Bank of New York Mellon Corp, 4.370% dated 4/30/25 to be repurchased at $6,333,522 on 5/1/25, collateralized by Government Agency Securities, with coupon rate 4.625% and maturity date 9/15/26, valued at $6,423,035.

34 *See Notes to Financial Statements*

------

## Portfolio of Investments April 30, 2025
Large Cap Responsible Equity

(Unaudited)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | LONG-TERM INVESTMENTS - 99.4% |  |
|  | COMMON STOCKS - 99.3% |  |
|  | AUTOMOBILES & COMPONENTS - 0.1% |  |
| 82037 (a) | Aptiv plc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4681031 |
|  | TOTAL AUTOMOBILES & COMPONENTS | 4681031 |
|  | BANKS - 2.8% |  |
| 529937 | Citigroup, Inc | 36237092 |
| 553751 | JPMorgan Chase & Co | 135458570 |
|  | TOTAL BANKS | 171695662 |
|  | CAPITAL GOODS - 7.8% |  |
| 87670 (a) | Axon Enterprise, Inc | 53768011 |
| 432070 | Carrier Global Corp | 27021658 |
| 196504 | Caterpillar, Inc | 60772792 |
| 101538 | Deere & Co | 47068955 |
| 214439 | Eaton Corp plc | 63124409 |
| 213553 | Illinois Tool Works, Inc | 51233500 |
| 521228 | Ingersoll Rand, Inc | 39316228 |
| 45613 | Parker-Hannifin Corp | 27598602 |
| 177393 | Quanta Services, Inc | 51921157 |
| 55887 | Trane Technologies plc | 21422046 |
| 32155 | W.W. Grainger, Inc | 32936688 |
| 80132 | Xylem, Inc | 9661515 |
|  | TOTAL CAPITAL GOODS | 485845561 |
|  | COMMERCIAL & PROFESSIONAL SERVICES - 2.5% |  |
| 204063 | Automatic Data Processing, Inc | 61341338 |
| 866567 (a) | Copart, Inc | 52886584 |
| 62227 | Paychex, Inc | 9154836 |
| 98443 | Verisk Analytics, Inc | 29181459 |
|  | TOTAL COMMERCIAL & PROFESSIONAL SERVICES | 152564217 |
|  | CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 3.7% |  |
| 697955 | eBay, Inc | 47572613 |
| 257745 | Home Depot, Inc | 92914495 |
| 11 | LKQ Corp | 420 |
| 103153 | Lowe's Cos, Inc | 23060885 |
| 16072 | Pool Corp | 4711346 |
| 497939 | TJX Cos, Inc | 64074790 |
|  | TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL | 232334549 |
|  | CONSUMER DURABLES & APPAREL - 0.2% |  |
| 102985 (a) | Deckers Outdoor Corp | 11413828 |
|  | TOTAL CONSUMER DURABLES & APPAREL | 11413828 |
|  | CONSUMER SERVICES - 4.1% |  |
| 13737 | Booking Holdings, Inc | 70048809 |
| 42790 (a) | DoorDash, Inc | 8253763 |
| 95751 | Expedia Group, Inc | 15026205 |
| 238694 | McDonald's Corp | 76298537 |
| 201028 | Royal Caribbean Cruises Ltd | 43202928 |
| 515327 | Starbucks Corp | 41251926 |
|  | TOTAL CONSUMER SERVICES | 254082168 |
|  | CONSUMER STAPLES DISTRIBUTION & RETAIL - 2.1% |  |
| 104593 | Costco Wholesale Corp | 104017738 |
| 254808 | Target Corp | 24639934 |
|  | TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL | 128657672 |
|  | ENERGY - 1.4% |  |
| 1211130 | Baker Hughes Co | 42874002 |
| 554150 | ONEOK, Inc | 45528964 |
|  | TOTAL ENERGY | 88402966 |
|  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 3.1% |  |
| 60407 | American Tower Corp | 13616342 |
| 64949 | Equinix, Inc | 55904852 |
| 179527 | Iron Mountain, Inc | 16098186 |

---

See Notes to Financial Statements 35

------

## Portfolio of Investments April 30, 2025 (continued)
Large Cap Responsible Equity

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) (continued) |  |
| 480928 (b) | Prologis, Inc | $49150841 |
| 376547 | Welltower, Inc | 57457307 |
|  | TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;192227528 |
|  | FINANCIAL SERVICES - 12.2% |  |
| 239944 | American Express Co | 63923481 |
| 100687 | Ameriprise Financial, Inc | 47425591 |
| 405609 | Bank of New York Mellon Corp | 32615020 |
| 284681 | Discover Financial Services | 52002678 |
| 121989 | Goldman Sachs Group, Inc | 66795077 |
| 194471 | Mastercard, Inc (Class A) | 106581776 |
| 122008 | Moody's Corp | 55284265 |
| 534143 | Morgan Stanley | 61650785 |
| 141227 | Nasdaq Stock Market, Inc | 10762910 |
| 695623 (a) | PayPal Holdings, Inc | 45799818 |
| 134278 | S&P Global, Inc | 67145714 |
| 409626 | Synchrony Financial | 21280071 |
| 360884 | Visa, Inc (Class A) | 124685422 |
|  | TOTAL FINANCIAL SERVICES | 755952608 |
|  | FOOD, BEVERAGE & TOBACCO - 2.3% |  |
| 1118410 | Coca-Cola Co | 81140645 |
| 474360 | PepsiCo, Inc | 64313729 |
|  | TOTAL FOOD, BEVERAGE & TOBACCO | 145454374 |
|  | HEALTH CARE EQUIPMENT & SERVICES - 4.1% |  |
| 114872 (a) | Cooper Cos, Inc | 9381596 |
| 362022 (a) | Edwards Lifesciences Corp | 27329041 |
| 117039 | HCA, Inc | 40387818 |
| 67230 (a) | IDEXX Laboratories, Inc | 29087060 |
| 30884 (a) | Insulet Corp | 7791724 |
| 76830 | McKesson Corp | 54763656 |
| 20010 | STERIS plc | 4497047 |
| 196643 | UnitedHealth Group, Inc | 80906796 |
|  | TOTAL HEALTH CARE EQUIPMENT & SERVICES | 254144738 |
|  | HOUSEHOLD & PERSONAL PRODUCTS - 1.6% |  |
| 74160 | Colgate-Palmolive Co | 6836810 |
| 576598 | Procter & Gamble Co | 93737537 |
|  | TOTAL HOUSEHOLD & PERSONAL PRODUCTS | 100574347 |
|  | INSURANCE - 2.8% |  |
| 15127 | Hartford Financial Services Group, Inc | 1855629 |
| 250370 | Marsh & McLennan Cos, Inc | 56450924 |
| 240285 | Progressive Corp | 67697896 |
| 191155 | Travelers Cos, Inc | 50489770 |
|  | TOTAL INSURANCE | 176494219 |
|  | MATERIALS - 2.0% |  |
| 8503 | Ball Corp | 441646 |
| 215530 | Ecolab, Inc | 54190708 |
| 456488 | International Paper Co | 20852372 |
| 962539 | Newmont Goldcorp Corp | 50706554 |
|  | TOTAL MATERIALS | 126191280 |
|  | MEDIA & ENTERTAINMENT - 6.0% |  |
| 1355355 | Comcast Corp (Class A) | 46353141 |
| 343769 | Electronic Arts, Inc | 49877444 |
| 266660 | Fox Corp (Class A) | 13277001 |
| 277594 | Fox Corp (Class B) | 12835947 |
| 329950 (a) | Live Nation, Inc | 43701878 |
| 97532 (a) | Netflix, Inc | 110378915 |
| 795497 | News Corp (Class A) | 21573879 |
| 223053 (a) | Take-Two Interactive Software, Inc | 52042726 |
| 2780147 (a) | Warner Bros Discovery, Inc | 24103874 |
|  | TOTAL MEDIA & ENTERTAINMENT | 374144805 |
|  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 7.0% |  |
| 44168 | Agilent Technologies, Inc | 4752477 |

---

36 *See Notes to Financial Statements*

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES (continued) |  |
| 220882 | Amgen, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64258991 |
| 267433 | Bristol-Myers Squibb Co | 13425137 |
| 294668 | Danaher Corp | 58736172 |
| 155111 | Eli Lilly & Co | 139437033 |
| 349999 | Gilead Sciences, Inc | 37288894 |
| 124937 (a) | Vertex Pharmaceuticals, Inc | 63655402 |
| 27271 | West Pharmaceutical Services, Inc | 5762090 |
| 297921 | Zoetis, Inc | 46594844 |
|  | TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES | 433911040 |
|  | REAL ESTATE MANAGEMENT & DEVELOPMENT - 0.5% |  |
| 263678 (a) | CBRE Group, Inc | 32216178 |
|  | TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT | 32216178 |
|  | SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 11.4% |  |
| 415128 | Applied Materials, Inc | 62563941 |
| 225269 (a) | First Solar, Inc | 28343346 |
| 2561249 | Intel Corp | 51481105 |
| 789133 | Lam Research Corp | 56557162 |
| 3621679 | Nvidia Corp | 394473277 |
| 279184 | NXP Semiconductors NV | 51456403 |
| 376451 | Texas Instruments, Inc | 60250982 |
|  | TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT | 705126216 |
|  | SOFTWARE & SERVICES - 16.4% |  |
| 168526 (a) | Adobe, Inc | 63193880 |
| 13696 (a) | Ansys, Inc | 4408468 |
| 192655 (a) | Autodesk, Inc | 52835634 |
| 195557 (a) | Cadence Design Systems, Inc | 58225141 |
| 308595 | International Business Machines Corp | 74624443 |
| 112562 | Intuit, Inc | 70629278 |
| 1087845 | Microsoft Corp | 429981615 |
| 56827 (a) | PTC, Inc | 8806480 |
| 291045 | Salesforce, Inc | 78206702 |
| 74882 (a) | ServiceNow, Inc | 71513059 |
| 114433 (a) | Synopsys, Inc | 52525891 |
| 216233 (a) | Workday, Inc | 52977085 |
|  | TOTAL SOFTWARE & SERVICES | 1017927676 |
|  | TECHNOLOGY HARDWARE & EQUIPMENT - 2.7% |  |
| 2763649 | Hewlett Packard Enterprise Co | 44826387 |
| 1698763 | HP, Inc | 43437370 |
| 324064 (a) | Keysight Technologies, Inc | 47118905 |
| 517191 (a) | Trimble Inc | 32138249 |
|  | TOTAL TECHNOLOGY HARDWARE & EQUIPMENT | 167520911 |
|  | TELECOMMUNICATION SERVICES - 0.9% |  |
| 1263792 | Verizon Communications, Inc | 55682675 |
|  | TOTAL TELECOMMUNICATION SERVICES | 55682675 |
|  | TRANSPORTATION - 0.7% |  |
| 606530 | CSX Corp | 17025297 |
| 151348 | Old Dominion Freight Line | 23198621 |
| 2274 | Union Pacific Corp | 490411 |
|  | TOTAL TRANSPORTATION | 40714329 |
|  | UTILITIES - 0.9% |  |
| 82289 | Edison International | 4403284 |
| 34033 | Eversource Energy | 2024283 |
| 1082501 | Exelon Corp | 50769297 |
|  | TOTAL UTILITIES | 57196864 |
|  | TOTAL COMMON STOCKS<br> (Cost $3,609,960,031) | 6165157442 |

---

*See Notes to Financial Statements* 37

------

Large Cap Responsible Equity

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION |  |  | VALUE |
|  | INVESTMENT COMPANIES - 0.1% |  |  |  |
| 200000 (c) | Nuveen ESG Large-Cap ETF |  |  | $8823940 |
|  | TOTAL INVESTMENT COMPANIES<br> (Cost $5,657,305) |  |  | 8823940 |
|  | TOTAL LONG-TERM INVESTMENTS<br> (Cost $3,615,617,336) |  |  | 6173981382 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | SHORT-TERM INVESTMENTS - 0.6% |  |  |  |
|  | GOVERNMENT AGENCY DEBT - 0.1% |  |  |  |
| $5000000 | Federal Home Loan Bank Discount Notes | 0.000% | 05/28/25 | 4983550 |
|  | TOTAL GOVERNMENT AGENCY DEBT |  |  | 4983550 |
|  | REPURCHASE AGREEMENT - 0.5% |  |  |  |
| 30798000 (d) | Bank of New York Mellon Corp | 4.370 | 05/01/25 | 30798000 |
|  | TOTAL REPURCHASE AGREEMENT |  |  | 30798000 |
|  | TOTAL SHORT-TERM INVESTMENTS<br> (Cost $35,782,111) |  |  | 35781550 |
|  | TOTAL INVESTMENTS - 100.0%<br> (Cost $3,651,399,447) |  |  | 6209762932 |
|  | OTHER ASSETS & LIABILITIES, NET - (0.0)% |  |  | (2706262) |
|  | NET ASSETS - 100.0% |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6207056670 |

---

ETF Exchange Traded Fund

(a) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

(b) Investment, or portion of investment, has been pledged to collateralize the net payment obligations for investments in derivatives.

(c) Affiliated holding

(d) Agreement with Bank of New York Mellon Corp, 4.370% dated 4/30/25 to be repurchased at $31,321,508 on 5/1/25, collateralized by Government Agency Securities, with coupon rate 4.625% and maturity date 6/15/27, valued at $31,414,039.

Investments in Derivatives

Futures Contracts - Long

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description | Number of<br>Contracts | Expiration<br>Date | Notional<br>Amount | Value | Unrealized<br>Appreciation<br>(Depreciation) |
|  S&P 500 E-Mini Index | 107 | 06/20/25 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29173321 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29890450 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;717129 |

---

38 *See Notes to Financial Statements*

------

## Portfolio of Investments April 30, 2025
Emerging Markets Equity

(Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | LONG-TERM INVESTMENTS - 102.3% |  |
|  |  | COMMON STOCKS - 102.3% |  |
|  |  | BRAZIL - 9.4% |  |
| 3290898 |  | Arcos Dorados Holdings, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25175370 |
| 9884600 |  | B3 SA-Brasil Bolsa Balcao | 23495987 |
| 13464171 | (a) | Cia Brasileira de Distribuicao | 10035584 |
| 14670300 | (b) | Locaweb Servicos de Internet S.A. | 9331874 |
| 6136 | (a) | Mercadolibre, Inc | 14302095 |
| 711691 | (a) | NU Holdings Ltd | 8846319 |
| 31886011 |  | Raizen S.A. | 10169543 |
| 7703341 |  | Sendas Distribuidora S.A. | 12474332 |
| 3426500 |  | Vale S.A. | 31915419 |
|  |  | TOTAL BRAZIL | 145746523 |
|  |  | CHILE - 0.7% |  |
| 326548 | (c) | Sociedad Quimica y Minera de Chile S.A. (ADR) | 11167942 |
|  |  | TOTAL CHILE | 11167942 |
|  |  | CHINA - 25.9% |  |
| 31148079 |  | Agricultural Bank of China Ltd (Class A) | 23248275 |
| 5217408 |  | Alibaba Group Holding Ltd | 77896041 |
| 45320 | (a) | BeiGene Ltd (ADR) | 11774589 |
| 621740 |  | BYD Co Ltd | 30259183 |
| 2112185 |  | China Merchants Bank Co Ltd (Class A) | 11854787 |
| 520303 |  | Contemporary Amperex Technology Co Ltd | 16635961 |
| 3304514 | (a) | DiDi Global, Inc (ADR) | 13416327 |
| 1524127 |  | Full Truck Alliance Co Ltd (ADR) | 17314083 |
| 408995 |  | Huazhu Group Ltd (ADR) | 14003989 |
| 269361 | (a),(c) | iClick Interactive Asia Group Ltd (ADR) | 2618189 |
| 682678 |  | JD.com, Inc | 11114970 |
| 864760 |  | KE Holdings, Inc (ADR) | 17554628 |
| 3677900 | (a),(b) | Kuaishou Technology | 24275208 |
| 398800 | (a),(b) | Meituan | 6603106 |
| 3708164 |  | Ping An Insurance Group Co of China Ltd (Class A) | 25910940 |
| 1246576 |  | Tencent Holdings Ltd | 76353954 |
| 3256200 | (a),(b) | Xiaomi Corp | 20846841 |
|  |  | TOTAL CHINA | 401681071 |
|  |  | COLOMBIA - 0.8% |  |
| 26497816 | (a) | Almacenes Exito S.A. | 12384882 |
|  |  | TOTAL COLOMBIA | 12384882 |
|  |  | HONG KONG - 0.6% |  |
| 22290 | (a),(d) | Asia Pacific Investment Partners Limited | 223 |
| 1812362 | (a) | Melco Crown Entertainment Ltd (ADR) | 9333664 |
|  |  | TOTAL HONG KONG | 9333887 |
|  |  | INDIA - 17.9% |  |
| 1287741 |  | Axis Bank Ltd | 18063284 |
| 528760 |  | Dr Reddy's Laboratories Ltd | 7422286 |
| 26821113 |  | Edelweiss Financial Services Ltd | 25030621 |
| 2867368 |  | HDFC Bank Ltd | 65129242 |
| 352837 |  | HDFC Bank Ltd (ADR) | 25647722 |
| 1124943 |  | ICICI Bank Ltd | 18909474 |
| 5528461 |  | Reliance Industries Ltd | 91796358 |
| 3862927 | (a) | Reliance Strategic Investments Ltd | 11930698 |
| 1553810 |  | State Bank of India | 14511962 |
|  |  | TOTAL INDIA | 278441647 |
|  |  | INDONESIA - 4.0% |  |
| 54229500 |  | Astra International Tbk PT | 15673731 |
| 111711900 |  | Bank Rakyat Indonesia | 25873564 |
| 130039600 |  | Telkom Indonesia Persero Tbk PT | 20496667 |
|  |  | TOTAL INDONESIA | 62043962 |
|  |  | KOREA, REPUBLIC OF - 11.4% |  |
| 196646 |  | Celltrion, Inc | 22300989 |

---

See Notes to Financial Statements 39

------

## Portfolio of Investments April 30, 2025 (continued)
Emerging Markets Equity

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION |  | VALUE |
|  | KOREA, REPUBLIC OF (continued) |  |  |
| 111751 | Hynix Semiconductor, Inc |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13943516 |
| 167675 | Hyundai Motor Co |  | 22468368 |
| 304587 | LG Electronics, Inc |  | 15288922 |
| 1975132 | Samsung Electronics Co Ltd |  | 77064781 |
| 46363 | Samsung Techwin Co Ltd |  | 26056172 |
|  | TOTAL KOREA, REPUBLIC OF |  | 177122748 |
|  | MACAU - 1.0% |  |  |
| 23702500 (c) | Wynn Macau Ltd |  | 15779182 |
|  | TOTAL MACAU |  | 15779182 |
|  | MEXICO - 2.9% |  |  |
| 431721 | Fomento Economico Mexicano SAB de C.V. (ADR) |  | 45464538 |
|  | TOTAL MEXICO |  | 45464538 |
|  | PERU - 1.2% |  |  |
| 91801 | Credicorp Ltd |  | 18561244 |
|  | TOTAL PERU |  | 18561244 |
|  | SAUDI ARABIA - 2.5% |  |  |
| 1030722 | Al Rajhi Bank |  | 26776041 |
| 1685447 (b) | Saudi Arabian Oil Co |  | 11395304 |
|  | TOTAL SAUDI ARABIA |  | 38171345 |
|  | SINGAPORE - 1.6% |  |  |
| 2589320 (a) | Grab Holdings Ltd |  | 12635881 |
| 96156 (a) | Sea Ltd (ADR) |  | 12889712 |
|  | TOTAL SINGAPORE |  | 25525593 |
|  | SOUTH AFRICA - 4.3% |  |  |
| 650803 | Aspen Pharmacare Holdings Ltd |  | 4273497 |
| 73389 | Capitec Bank Holdings Ltd |  | 13621452 |
| 79472 | Naspers Ltd |  | 20896537 |
| 2222532 (a) | Sibanye Stillwater Ltd (ADR) |  | 10334774 |
| 1373801 (c) | Standard Bank Group Ltd |  | 17156240 |
|  | TOTAL SOUTH AFRICA |  | 66282500 |
|  | TAIWAN - 15.6% |  |  |
| 1676030 | E Ink Holdings, Inc |  | 11708047 |
| 489000 | MediaTek, Inc |  | 20779110 |
| 6721400 | Taiwan Semiconductor Manufacturing Co Ltd |  | 190447853 |
| 13609000 | United Microelectronics Corp |  | 19096838 |
|  | TOTAL TAIWAN |  | 242031848 |
|  | TURKEY - 1.4% |  |  |
| 3406003 | Aselsan Elektronik Sanayi Ve Ticaret AS |  | 11998926 |
| 811219 | BIM Birlesik Magazalar AS |  | 9530407 |
|  | TOTAL TURKEY |  | 21529333 |
|  | UNITED STATES - 1.1% |  |  |
| 144182 (a) | Globant S.A. |  | 16951478 |
|  | TOTAL UNITED STATES |  | 16951478 |
|  | TOTAL COMMON STOCKS<br> (Cost $1,420,968,615) |  | 1588219723 |
|  | TOTAL LONG-TERM INVESTMENTS<br> (Cost $1,420,968,615) |  | 1588219723 |
| SHARES | DESCRIPTION | RATE | VALUE |
|  | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.4% |  |  |
| 6599730 (e) | State Street Navigator Securities Lending Government Money Market Portfolio | 4.360%(f) | 6599730 |
|  | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $6,599,730) |  | 6599730 |

---

40 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | SHORT-TERM INVESTMENTS - 0.8% |  |  |  |
|  | REPURCHASE AGREEMENT - 0.8% |  |  |  |
| $12571000 (g) | Bank of New York Mellon Corp | 4.370% | 05/01/25 | $12571000 |
|  | TOTAL REPURCHASE AGREEMENT |  |  | 12571000 |
|  | TOTAL SHORT-TERM INVESTMENTS<br> (Cost $12,571,000) |  |  | 12571000 |
|  | TOTAL INVESTMENTS - 103.5%<br> (Cost $1,440,139,345) |  |  | 1607390453 |
|  | OTHER ASSETS & LIABILITIES, NET - (3.5)% |  |  | (54697603) |
|  | NET ASSETS - 100.0% |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1552692850 |

---

ADR American Depositary Receipt

(a) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

(b) Security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities are deemed liquid and may be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. As of the end of the reporting period, the aggregate value of these securities is $72,452,333 or 4.5% of Total Investments.

(c) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $17,040,538.

(d) For fair value measurement disclosure purposes, investment classified as Level 3.

(e) Investments made with cash collateral received from securities on loan.

(f) The rate shown is the one-day yield as of the end of the reporting period.

(g) Agreement with Bank of New York Mellon Corp, 4.370% dated 4/30/25 to be repurchased at $12,806,444 on 5/1/25, collateralized by Government Agency Securities, with coupon rate 4.125% and maturity date 11/15/27, valued at $12,822,473.

*See Notes to Financial Statements* 41

------

## Portfolio of Investments April 30, 2025
International Equity

(Unaudited)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | LONG-TERM INVESTMENTS - 98.6% |  |
|  | COMMON STOCKS - 98.6% |  |
|  | AUSTRALIA - 4.5% |  |
| 3641268 | BHP Billiton Ltd | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;86784713 |
| 1343303 | Commonwealth Bank of Australia | 143181446 |
| 18058217 | Glencore plc | 59208096 |
|  | TOTAL AUSTRALIA | 289174255 |
|  | BRAZIL - 1.0% |  |
| 10255760 | Itau Unibanco Holding S.A. | 64297850 |
|  | TOTAL BRAZIL | 64297850 |
|  | DENMARK - 4.1% |  |
| 498596 | DSV AS | 105682261 |
| 2401973 | Novo Nordisk A.S. | 160599545 |
|  | TOTAL DENMARK | 266281806 |
|  | FINLAND - 1.4% |  |
| 6279701 | Nordea Bank AB publ | 86967252 |
|  | TOTAL FINLAND | 86967252 |
|  | FRANCE - 10.7% |  |
| 1001552 | Airbus SE | 169953861 |
| 666440 | Compagnie de Saint-Gobain | 72454018 |
| 524227 | Essilor International S.A. | 151057575 |
| 152200 | Kering | 30965493 |
| 173233 | LVMH Moet Hennessy Louis Vuitton S.A. | 95958838 |
| 1372937 | Total S.A. | 78195900 |
| 617907 | Vinci S.A. | 86795739 |
|  | TOTAL FRANCE | 685381424 |
|  | GERMANY - 11.2% |  |
| 1212973 | Deutsche Post AG. | 51827906 |
| 576608 | HeidelbergCement AG. | 115271709 |
| 2422636 | Infineon Technologies AG. | 80245083 |
| 83881 | Rheinmetall AG. | 142853726 |
| 1662637 | RWE AG. | 64567090 |
| 352820 | SAP AG. | 103231150 |
| 691842 | Siemens AG. | 159304522 |
|  | TOTAL GERMANY | 717301186 |
|  | INDIA - 0.9% |  |
| 407162 | HDFC Bank Ltd (ADR) | 29596606 |
| 1650614 | Reliance Industries Ltd | 27407329 |
|  | TOTAL INDIA | 57003935 |
|  | INDONESIA - 0.3% |  |
| 73742295 | Bank Rakyat Indonesia | 17079434 |
|  | TOTAL INDONESIA | 17079434 |
|  | ITALY - 3.1% |  |
| 6612313 | Enel S.p.A. | 57321964 |
| 1249586 | Moncler S.p.A | 77125537 |
| 1150888 | UniCredit S.p.A | 66959653 |
|  | TOTAL ITALY | 201407154 |
|  | JAPAN - 21.3% |  |
| 1306300 | Advantest Corp | 54650285 |
| 4283970 | Daiichi Sankyo Co Ltd | 109586565 |
| 8766510 (a) | Hitachi Ltd | 216668787 |
| 14836689 | Mitsubishi UFJ Financial Group, Inc | 186929245 |
| 1968601 | Nintendo Co Ltd | 163433238 |
| 2741214 | ORIX Corp | 54988833 |
| 497967 | Recruit Holdings Co Ltd | 27594967 |
| 2078100 | SBI Holdings, Inc | 54642536 |
| 6667335 | Sony Corp | 175902861 |
| 7445342 | Sumitomo Mitsui Financial Group, Inc | 177625114 |

---

42 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION |  | VALUE |
|  | JAPAN (continued) |  |  |
| 7573848 | Toyota Motor Corp |  | $144656041 |
|  | TOTAL JAPAN |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1366678472 |
|  | KOREA, REPUBLIC OF - 0.8% |  |  |
| 1272748 | Samsung Electronics Co Ltd |  | 49659489 |
|  | TOTAL KOREA, REPUBLIC OF |  | 49659489 |
|  | MEXICO - 0.8% |  |  |
| 278158 | Fomento Economico Mexicano SAB de C.V. (ADR) |  | 29292819 |
| 2749100 | Grupo Financiero Banorte S.A. de C.V. |  | 23623994 |
|  | TOTAL MEXICO |  | 52916813 |
|  | NETHERLANDS - 5.6% |  |  |
| 121408 | ASML Holding NV |  | 81275600 |
| 916444 | Heineken NV |  | 82035637 |
| 5584713 | ING Groep NV |  | 108451323 |
| 18491151 | Koninklijke KPN NV |  | 86018126 |
|  | TOTAL NETHERLANDS |  | 357780686 |
|  | SPAIN - 5.8% |  |  |
| 11935226 | Banco Bilbao Vizcaya Argentaria S.A. |  | 163799504 |
| 17241965 (b) | Banco Santander S.A. |  | 121398275 |
| 4847518 | Iberdrola S.A. |  | 87380652 |
|  | TOTAL SPAIN |  | 372578431 |
|  | SWITZERLAND - 4.5% |  |  |
| 444896 | Cie Financiere Richemont S.A. |  | 78615436 |
| 120582 | Lonza Group AG. |  | 86639276 |
| 174068 | Zurich Insurance Group AG |  | 123461306 |
|  | TOTAL SWITZERLAND |  | 288716018 |
|  | TAIWAN - 0.8% |  |  |
| 299397 | Taiwan Semiconductor Manufacturing Co Ltd (ADR) |  | 49906486 |
|  | TOTAL TAIWAN |  | 49906486 |
|  | UNITED KINGDOM - 8.5% |  |  |
| 1129595 | AstraZeneca plc |  | 161833462 |
| 19550307 | Barclays plc |  | 77881406 |
| 2162219 | British American Tobacco plc |  | 94182683 |
| 4175742 | National Grid plc |  | 60273080 |
| 275824 | Reckitt Benckiser Group plc |  | 17803484 |
| 2077535 | Unilever plc |  | 132276406 |
|  | TOTAL UNITED KINGDOM |  | 544250521 |
|  | UNITED STATES - 13.3% |  |  |
| 5723524 | BP plc |  | 26427748 |
| 1523425 | CRH plc |  | 145365213 |
| 26469697 | Haleon plc |  | 133192080 |
| 235702 (a) | Linde plc |  | 106827217 |
| 451554 | Nestle S.A. |  | 48062226 |
| 294067 | Novartis AG. |  | 33540461 |
| 358661 | Roche Holding AG. |  | 117277253 |
| 5165695 | Shell plc |  | 166706002 |
| 1838442 | Smurfit WestRock plc |  | 77251333 |
|  | TOTAL UNITED STATES |  | 854649533 |
|  | TOTAL COMMON STOCKS<br> (Cost $4,374,794,386) |  | 6322030745 |
|  | TOTAL LONG-TERM INVESTMENTS<br> (Cost $4,374,794,386) | TOTAL LONG-TERM INVESTMENTS<br> (Cost $4,374,794,386) | 6322030745 |
| SHARES | DESCRIPTION | RATE | VALUE |
|  | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 1.9% |  |  |
| 119980747 (c) | State Street Navigator Securities Lending Government Money Market Portfolio | 4.360%(d) | 119980747 |
|  | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $119,980,747) |  | 119980747 |

---

*See Notes to Financial Statements* 43

------

## Portfolio of Investments April 30, 2025 (continued)
International Equity

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | SHORT-TERM INVESTMENTS - 1.7% |  |  |  |
|  | GOVERNMENT AGENCY DEBT - 0.1% |  |  |  |
| $5000000 | Federal Home Loan Bank Discount Notes | 0.000% | 05/28/25 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4983550 |
|  | TOTAL GOVERNMENT AGENCY DEBT |  |  | 4983550 |
|  | REPURCHASE AGREEMENT - 1.6% |  |  |  |
| 101090000 (e) | Bank of New York Mellon Corp | 4.370 | 05/01/25 | 101090000 |
|  | TOTAL REPURCHASE AGREEMENT |  |  | 101090000 |
|  | TOTAL SHORT-TERM INVESTMENTS<br> (Cost $106,074,111) |  |  | 106073550 |
|  | TOTAL INVESTMENTS - 102.2%<br> (Cost $4,600,849,244) |  |  | 6548085042 |
|  | OTHER ASSETS & LIABILITIES, NET - (2.2)% |  |  | (139569939) |
|  | NET ASSETS - 100.0% |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6408515103 |

---

ADR American Depositary Receipt

(a) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

(b) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $108,876,709.

(c) Investments made with cash collateral received from securities on loan.

(d) The rate shown is the one-day yield as of the end of the reporting period.

(e) Agreement with Bank of New York Mellon Corp, 4.370% dated 4/30/25 to be repurchased at $102,808,335 on 5/1/25, collateralized by Government Agency Securities, with coupon rate 4.625% and maturity date 6/15/27, valued at $103,111,818.

44 *See Notes to Financial Statements*

------

## Portfolio of Investments April 30, 2025
International Opportunities

(Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | LONG-TERM INVESTMENTS - 98.3% |  |
|  |  | COMMON STOCKS - 98.3% |  |
|  |  | AUSTRALIA - 1.5% |  |
| 1767689 |  | Australia & New Zealand Banking Group Ltd | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33802202 |
|  |  | TOTAL AUSTRALIA | 33802202 |
|  |  | BRAZIL - 6.7% |  |
| 684163 | (a) | Empresa Brasileira de Aeronautica S.A. (ADR) | 31430448 |
| 5265070 |  | Itau Unibanco Holding S.A. | 33009029 |
| 5281 | (a) | Mercadolibre, Inc | 12309219 |
| 1548775 | (a) | Pagseguro Digital Ltd | 15534213 |
| 704000 | (a) | Petro Rio S.A. | 4181711 |
| 2238011 | (a) | StoneCo Ltd | 31466435 |
| 3053100 |  | WEG S.A. | 24015292 |
|  |  | TOTAL BRAZIL | 151946347 |
|  |  | CANADA - 7.7% |  |
| 422597 |  | Alimentation Couche-Tard, Inc | 22058668 |
| 224377 | (a) | Brookfield Corp | 12053794 |
| 317489 |  | Canadian National Railway Co | 30747103 |
| 486747 |  | Dollarama, Inc | 60057787 |
| 355106 | (a) | Shopify, Inc (Class A) | 33774480 |
| 457647 |  | Suncor Energy, Inc | 16163378 |
|  |  | TOTAL CANADA | 174855210 |
|  |  | CHINA - 7.9% |  |
| 605500 |  | BYD Co Ltd (H shares) | 28758954 |
| 1703357 |  | JD.com, Inc | 27733078 |
| 1445700 |  | Tencent Holdings Ltd | 88550487 |
| 1680649 |  | Tencent Music Entertainment Group (ADR) | 22554310 |
| 4153000 | (a),(b) | Wuxi Biologics Cayman, Inc | 12062088 |
|  |  | TOTAL CHINA | 179658917 |
|  |  | DENMARK - 3.5% |  |
| 205162 |  | Carlsberg AS (Class B) | 27954070 |
| 671640 |  | Novo Nordisk A.S. | 44906865 |
| 97437 | (a) | Zealand Pharma AS | 6891339 |
|  |  | TOTAL DENMARK | 79752274 |
|  |  | FRANCE - 5.1% |  |
| 152737 |  | Essilor International S.A. | 44011623 |
| 88115 | (a) | L'Oreal S.A. | 38934992 |
| 58810 |  | LVMH Moet Hennessy Louis Vuitton S.A. | 32576583 |
|  |  | TOTAL FRANCE | 115523198 |
|  |  | GERMANY - 6.5% |  |
| 164525 |  | Deutsche Boerse AG. | 52992491 |
| 231527 |  | Dr ING hc F Porsche AG. | 11639241 |
| 208360 |  | SAP AG. | 60963784 |
| 438210 | (b) | Siemens Healthineers AG. | 23622740 |
|  |  | TOTAL GERMANY | 149218256 |
|  |  | INDIA - 1.4% |  |
| 946652 |  | Axis Bank Ltd | 13278791 |
| 5857167 | (a) | Reliance Strategic Investments Ltd | 18089934 |
|  |  | TOTAL INDIA | 31368725 |
|  |  | INDONESIA - 0.9% |  |
| 86868400 |  | Bank Rakyat Indonesia | 20119567 |
|  |  | TOTAL INDONESIA | 20119567 |
|  |  | ITALY - 3.8% |  |
| 2626022 | (c) | Davide Campari-Milano NV | 17621233 |
| 91218 |  | Ferrari NV | 41757845 |
| 461797 |  | Moncler S.p.A | 28502513 |
|  |  | TOTAL ITALY | 87881591 |
|  |  | JAPAN - 11.7% |  |
| 732300 |  | Daiichi Sankyo Co Ltd | 18732681 |
| 1477100 |  | Fujitsu Ltd | 32814446 |

---

See Notes to Financial Statements 45

------

## Portfolio of Investments April 30, 2025 (continued)
International Opportunities

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | JAPAN (continued) |  |
| 1052400 | (a) | Hitachi Ltd | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26010605 |
| 73300 |  | Keyence Corp | 30646108 |
| 1927100 |  | Mitsubishi Heavy Industries Ltd | 37988616 |
| 1398900 |  | MonotaRO Co Ltd | 26904859 |
| 1069400 |  | Murata Manufacturing Co Ltd | 15235270 |
| 279700 |  | Nintendo Co Ltd | 23220692 |
| 192400 |  | Recruit Holdings Co Ltd | 10661895 |
| 1702900 |  | Sony Corp | 44927243 |
|  |  | TOTAL JAPAN | 267142415 |
|  |  | MEXICO - 1.9% |  |
| 402485 |  | Fomento Economico Mexicano SAB de C.V. (ADR) | 42385695 |
|  |  | TOTAL MEXICO | 42385695 |
|  |  | NETHERLANDS - 4.8% |  |
| 18806 | (a),(b) | Adyen NV | 30432111 |
| 67250 |  | ASML Holding NV | 45019967 |
| 1801470 |  | ING Groep NV | 34983320 |
|  |  | TOTAL NETHERLANDS | 110435398 |
|  |  | NORWAY - 0.9% |  |
| 906566 |  | Equinor ASA | 20520688 |
|  |  | TOTAL NORWAY | 20520688 |
|  |  | PHILIPPINES - 1.2% |  |
| 7992434 |  | BDO Unibank, Inc | 22938755 |
| 5869880 |  | Robinsons Retail Holdings, Inc | 4124837 |
|  |  | TOTAL PHILIPPINES | 27063592 |
|  |  | PORTUGAL - 1.4% |  |
| 1352005 |  | Jeronimo Martins SGPS S.A. | 32721722 |
|  |  | TOTAL PORTUGAL | 32721722 |
|  |  | SINGAPORE - 1.5% |  |
| 1058500 |  | DBS Group Holdings Ltd | 34389801 |
|  |  | TOTAL SINGAPORE | 34389801 |
|  |  | SPAIN - 1.3% |  |
| 393179 |  | Amadeus IT Holding S.A. | 30948299 |
| 142139 | (a),(c),(d) | Let's GOWEX S.A. | 1610 |
|  |  | TOTAL SPAIN | 30949909 |
|  |  | SWITZERLAND - 6.2% |  |
| 369312 |  | Galderma Group AG. | 42893966 |
| 6130 |  | Givaudan S.A. | 29573323 |
| 74340 |  | Lonza Group AG. | 53413973 |
| 341546 | (a) | On Holding AG. | 16431778 |
|  |  | TOTAL SWITZERLAND | 142313040 |
|  |  | TAIWAN - 5.3% |  |
| 1281000 | (a) | Eclat Textile Co Ltd | 16697040 |
| 3667000 |  | Taiwan Semiconductor Manufacturing Co Ltd | 103902799 |
|  |  | TOTAL TAIWAN | 120599839 |
|  |  | UNITED KINGDOM - 8.6% |  |
| 667140 |  | Ashtead Group plc | 35713614 |
| 1871027 |  | Beazley plc | 22169177 |
| 1493107 |  | Compass Group plc | 50339837 |
| 174489 | (a) | Flutter Entertainment plc | 42351391 |
| 560194 |  | RELX plc | 30572667 |
| 8564778 |  | Tritax Big Box REIT plc | 16383450 |
|  |  | TOTAL UNITED KINGDOM | 197530136 |
|  |  | UNITED STATES - 8.5% |  |
| 429666 |  | CRH plc | 40998730 |
| 81074 | (a) | Linde plc | 36745169 |
| 137595 |  | Roche Holding AG. | 44991687 |
| 178110 |  | Schneider Electric S.A. | 41614645 |

---

46 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION |  |  | VALUE |
|  | UNITED STATES (continued) |  |  |  |
| 686571 | Smurfit WestRock plc |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28849713 |
|  | TOTAL UNITED STATES |  |  | 193199944 |
|  | TOTAL COMMON STOCKS<br> (Cost $1,649,378,605) |  |  | 2243378466 |
|  | TOTAL LONG-TERM INVESTMENTS<br> (Cost $1,649,378,605) |  |  | 2243378466 |
| SHARES | DESCRIPTION | RATE |  | VALUE |
|  | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.7% |  |  |  |
| 15854774 (e) | State Street Navigator Securities Lending Government Money Market Portfolio | 4.360%(f) |  | 15854774 |
|  | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $15,854,774) |  |  | 15854774 |
| PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | SHORT-TERM INVESTMENTS - 2.2% |  |  |  |
|  | GOVERNMENT AGENCY DEBT - 0.2% |  |  |  |
| $5000000 | Federal Home Loan Bank Discount Notes | 0.000 | 05/28/25 | 4983550 |
|  | TOTAL GOVERNMENT AGENCY DEBT |  |  | 4983550 |
|  | REPURCHASE AGREEMENT - 2.0% |  |  |  |
| 45890000 (g) | Bank of New York Mellon Corp | 4.370 | 05/01/25 | 45890000 |
|  | TOTAL REPURCHASE AGREEMENT |  |  | 45890000 |
|  | TOTAL SHORT-TERM INVESTMENTS<br> (Cost $50,874,111) |  |  | 50873550 |
|  | TOTAL INVESTMENTS - 101.2%<br> (Cost $1,716,107,490) |  |  | 2310106790 |
|  | OTHER ASSETS & LIABILITIES, NET - (1.2)% |  |  | (28137429) |
|  | NET ASSETS - 100.0% |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2281969361 |

---

ADR American Depositary Receipt

REIT Real Estate Investment Trust

(a) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

(b) Security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities are deemed liquid and may be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. As of the end of the reporting period, the aggregate value of these securities is $66,116,939 or 2.9% of Total Investments.

(c) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $17,080,634.

(d) For fair value measurement disclosure purposes, investment classified as Level 3.

(e) Investments made with cash collateral received from securities on loan.

(f) The rate shown is the one-day yield as of the end of the reporting period.

(g) Agreement with Bank of New York Mellon Corp, 4.370% dated 4/30/25 to be repurchased at $46,670,041 on 5/1/25, collateralized by Government Agency Securities, with coupon rate 4.625% and maturity date 6/15/27, valued at $46,807,801.

*See Notes to Financial Statements* 47

------

## Portfolio of Investments April 30, 2025
Quant International Small Cap Equity

(Unaudited)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | LONG-TERM INVESTMENTS - 99.2% |  |
|  | COMMON STOCKS - 96.7% |  |
|  | AUSTRALIA - 6.7% |  |
| 1321801 | Abacus Property Group | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;964881 |
| 515161 | Abacus Storage King | 487147 |
| 787651 | AGL Energy Ltd | 5367846 |
| 649731 | Austal Ltd | 2201309 |
| 1323433 | Challenger Financial Services Group Ltd | 5996692 |
| 32201 | Codan Ltd | 324339 |
| 1580451 | Deterra Royalties Ltd | 3684890 |
| 3144527 | Gold Road Resources Ltd | 6100825 |
| 23532 | Growthpoint Properties Australia Ltd | 34909 |
| 345818 | HMC Capital Ltd | 1077149 |
| 3336512 | HomeCo Daily Needs REIT | 2615770 |
| 1603198 | Macquarie CountryWide Trust | 3829429 |
| 740745 | Magellan Financial Group Ltd | 3631539 |
| 204944 | Netwealth Group Ltd | 3682238 |
| 691068 (a) | NEXTDC Ltd | 5246818 |
| 383345 (a) | Nuix Ltd | 597853 |
| 68608 | Objective Corp Ltd | 687742 |
| 3332131 | Perenti Ltd | 2914158 |
| 2601468 | Perseus Mining Ltd | 5575492 |
| 3665301 | Ramelius Resources Ltd | 6167988 |
| 241429 (b) | Regis Healthcare Ltd | 1056001 |
| 399548 | Technology One Ltd | 7712143 |
| 1832010 | Ventia Services Group Pty Ltd | 4960141 |
| 3068812 | Westgold Resources Ltd | 5829903 |
|  | TOTAL AUSTRALIA | 80747202 |
|  | AUSTRIA - 0.2% |  |
| 25544 | EVN AG. | 668466 |
| 166897 | Uniqa Versicherungen AG. | 1933948 |
|  | TOTAL AUSTRIA | 2602414 |
|  | BELGIUM - 1.1% |  |
| 13988 | Aedifica S.A. | 1121365 |
| 86205 | Colruyt S.A. | 4145397 |
| 2414 | Dredging Environmental & Marine Engineering NV | 361850 |
| 71758 | Fagron NV | 1672755 |
| 40301 | KBC Ancora | 2640518 |
| 413638 | Proximus plc | 3176999 |
|  | TOTAL BELGIUM | 13118884 |
|  | BERMUDA - 0.1% |  |
| 153529 | Conduit Holdings Ltd | 706707 |
|  | TOTAL BERMUDA | 706707 |
|  | BRAZIL - 1.2% |  |
| 378946 (a) | Embraer S.A. | 4334894 |
| 745500 | Fleury S.A. | 1706394 |
| 110200 | Grendene S.A. | 107964 |
| 4125400 | Marcopolo S.A. | 5117542 |
| 510525 (a) | VTEX | 2751730 |
| 20451 | Wilson Sons Holdings Brasil S.A. | 61730 |
|  | TOTAL BRAZIL | 14080254 |
|  | BURKINA FASO - 0.6% |  |
| 1012285 (a) | Iamgold Corp | 7173962 |
|  | TOTAL BURKINA FASO | 7173962 |
|  | CANADA - 5.9% |  |
| 320873 (b) | Algonquin Power & Utilities Corp | 1729353 |
| 1147248 (a) | Allied Gold Corp | 4618618 |
| 86155 | Atco Ltd | 3239093 |
| 2195024 | B2Gold Corp | 6862435 |
| 107690 | Boardwalk REIT | 5078287 |
| 1108617 (a) | Calibre Mining Corp | 2597442 |

---

48 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | CANADA (continued) |  |
| 227378 | (b) | Canaccord Financial, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1393692 |
| 821240 |  | Centerra Gold, Inc | 5498364 |
| 141457 |  | dentalcorp Holdings Ltd | 862943 |
| 43693 |  | Evertz Technologies Ltd | 347680 |
| 128178 | (b) | Extendicare, Inc | 1283082 |
| 986166 | (a) | Fortuna Silver Mines, Inc | 6151913 |
| 167535 |  | Killam Apartment REIT | 2116974 |
| 55570 | (a) | Major Drilling Group International | 351495 |
| 205341 |  | Maple Leaf Foods, Inc | 3757982 |
| 402652 |  | RioCan Real Estate Investment Trust | 5029499 |
| 179570 | (b) | Savaria Corp | 2261233 |
| 178742 |  | Slate Grocery REIT | 1802201 |
| 301636 |  | SmartCentres REIT | 5577181 |
| 501784 | (b) | Superior Plus Corp | 2518747 |
| 524365 | (a) | Wesdome Gold Mines Ltd | 6450914 |
| 6965 |  | Westshore Terminals Investment Corp | 128680 |
| 26790 | (b) | Winpak Ltd | 829973 |
|  |  | TOTAL CANADA | 70487781 |
|  |  | CAYMAN ISLANDS - 0.0% |  |
| 58563 |  | Patria Investments Ltd | 613740 |
|  |  | TOTAL CAYMAN ISLANDS | 613740 |
|  |  | CHAD - 0.3% |  |
| 59654 | (a) | Sunrise Communications AG. | 3226293 |
|  |  | TOTAL CHAD | 3226293 |
|  |  | CHILE - 0.1% |  |
| 315018 |  | Embotelladora Andina S.A. | 1347382 |
|  |  | TOTAL CHILE | 1347382 |
|  |  | CHINA - 3.9% |  |
| 873000 | (a) | ANE Cayman, Inc | 928019 |
| 1484000 |  | China Foods Ltd | 593060 |
| 4687000 |  | China Lesso Group Holdings Ltd | 2495287 |
| 1764749 |  | China XLX Fertiliser Ltd | 1015655 |
| 4565760 | (a),(b),(c) | China Zhongwang Holdings Ltd | 5887 |
| 661000 |  | Consun Pharmaceutical Group Ltd | 787203 |
| 1366000 |  | COSCO SHIPPING International Hong Kong Co Ltd | 828254 |
| 236800 |  | FinVolution Group (ADR) | 1873088 |
| 762000 | (b),(d) | Greentown Management Holdings Co Ltd | 261184 |
| 2152000 |  | Harbin Power Equipment | 1326479 |
| 1061777 | (a),(b) | iQIYI, Inc (ADR) | 1953670 |
| 725500 |  | JNBY Design Ltd | 1371964 |
| 143400 |  | JOYY, Inc (ADR) | 5902344 |
| 3104000 | (a),(b) | Kingsoft Cloud Holdings Ltd | 2869927 |
| 5999000 |  | Lonking Holdings Ltd | 1510562 |
| 1759695 |  | Lufax Holding Ltd (ADR) | 5103116 |
| 1874000 | (a) | Newborn Town, Inc | 1972028 |
| 84400 | (b) | Shanghai Chicmax Cosmetic Co Ltd | 728148 |
| 668000 | (b) | Shoucheng Holdings Ltd | 136916 |
| 8628000 |  | Shougang Fushan Resources Group Ltd | 2734192 |
| 9752000 |  | Sihuan Pharmaceutical Holdings Group Ltd | 904616 |
| 2648000 |  | Sinopec Kantons Holdings Ltd | 1491024 |
| 1107000 | (b),(d) | Sunac Services Holdings Ltd | 262127 |
| 185400 | (b) | Weibo Corp (ADR) | 1501740 |
| 1361000 |  | Xinhua Winshare Publishing and Media Co Ltd | 1970133 |
| 3016400 | (a) | Yangzijiang Shipbuilding Holdings Ltd | 5166982 |
| 5522250 | (b),(d) | Yixin Group Ltd | 1517039 |
|  |  | TOTAL CHINA | 47210644 |
|  |  | CZECH REPUBLIC - 0.0% |  |
| 150 |  | Philip Morris CR AS. | 121345 |
|  |  | TOTAL CZECH REPUBLIC | 121345 |
|  |  | DENMARK - 0.7% |  |
| 34179 | (a) | ALK-Abello A.S. | 796729 |
| 1631156 |  | Alm Brand AS | 3866847 |

---

*See Notes to Financial Statements* 49

------

## Portfolio of Investments April 30, 2025 (continued)
Quant International Small Cap Equity

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | DENMARK (continued) |  |
| 9854 |  | cBrain A.S. | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;254538 |
| 497660 |  | H Lundbeck A.S. | 2381558 |
| 107113 | (d) | Scandinavian Tobacco Group A.S. | 1559091 |
|  |  | TOTAL DENMARK | 8858763 |
|  |  | FINLAND - 0.6% |  |
| 1095606 |  | Mandatum Holding Oy | 7743227 |
|  |  | TOTAL FINLAND | 7743227 |
|  |  | FRANCE - 2.4% |  |
| 33198 |  | Antin Infrastructure Partners S.A. | 388608 |
| 66168 | (a) | Carmila S.A. | 1438332 |
| 634484 | (a),(d) | Elior Group S.A. | 1922067 |
| 122468 |  | Elis S.A. | 3143640 |
| 5799 |  | Esso SA Francaise | 932150 |
| 114551 |  | Societe Television Francaise 1 | 1094587 |
| 182150 |  | SPIE S.A. | 8927636 |
| 230851 | (a) | Ubisoft Entertainment | 2719959 |
| 31893 |  | Vicat S.A. | 1785798 |
| 1880323 |  | Vivendi Universal S.A. | 5863712 |
|  |  | TOTAL FRANCE | 28216489 |
|  |  | GERMANY - 3.1% |  |
| 64050 |  | Bilfinger Berger AG. | 5447447 |
| 340892 | (a) | Ceconomy AG | 1211491 |
| 819 |  | Cewe Stiftung & Co KGAA | 94712 |
| 1509 |  | Einhell Germany AG. | 112650 |
| 100509 |  | Hensoldt AG. | 7786309 |
| 10863 |  | Hornbach Holding AG. & Co KGaA | 1223034 |
| 81662 |  | KION Group AG. | 3475203 |
| 9025 | (a),(d) | Montana Aerospace AG. | 180235 |
| 237028 | (a) | Nordex AG. | 4437954 |
| 104961 | (a),(b) | Softwareone Holding AG. | 726561 |
| 429494 | (a),(d) | TeamViewer SE | 6598199 |
| 683398 | (a) | TUI AG. | 5258399 |
|  |  | TOTAL GERMANY | 36552194 |
|  |  | GREECE - 0.2% |  |
| 122077 |  | Athens International Airport S.A. | 1264761 |
| 36683 |  | Sarantis S.A. | 562368 |
|  |  | TOTAL GREECE | 1827129 |
|  |  | HONG KONG - 0.7% |  |
| 2194600 |  | Hutchison Port Holdings Trust | 326712 |
| 1085000 | (a) | Super Hi International Holding Ltd | 2352177 |
| 2652000 |  | Wasion Holdings Ltd | 2743502 |
| 2384000 |  | Yue Yuen Industrial Holdings | 3422703 |
|  |  | TOTAL HONG KONG | 8845094 |
|  |  | INDIA - 7.3% |  |
| 6171 |  | 3M India Ltd | 2205135 |
| 289099 | (a) | Affle India Ltd | 5421450 |
| 24675 |  | Anveshan Heavy Engineering Ltd | 875813 |
| 76452 |  | Bajaj Electricals Ltd | 493278 |
| 288027 |  | Bharat Dynamics Ltd | 5218328 |
| 106407 | (a) | Borosil Renewables Ltd | 622412 |
| 137949 |  | Central Depository Services India Ltd | 2156821 |
| 57640 |  | Concord Biotech Ltd | 1033416 |
| 162872 |  | Data Patterns India Ltd | 4782589 |
| 8929 |  | ESAB India Ltd | 492919 |
| 175796 |  | Finolex Cables Ltd | 1801234 |
| 867783 |  | Fortis Healthcare Ltd | 7037060 |
| 316006 |  | GE T&D India Ltd | 5849829 |
| 47182 |  | GlaxoSmithKline Pharmaceuticals Ltd | 1656207 |
| 61569 | (a) | Glenmark Life Sciences Ltd | 805229 |
| 223869 |  | Glenmark Pharmaceuticals Ltd | 3660982 |
| 24502 | (a) | Indegene Ltd | 158864 |
| 21628 |  | Ingersoll Rand India Ltd | 964077 |

---

50 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | INDIA (continued) |  |
| 105402 |  | JB Chemicals & Pharmaceuticals Ltd | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2008451 |
| 75867 |  | Kansai Nerolac Paints Ltd | 230927 |
| 59547 |  | Kirloskar Pneumatic Co Ltd | 795578 |
| 73442 | (a) | Latent View Analytics Ltd | 341517 |
| 534782 |  | LT Foods Ltd | 2195591 |
| 8968 |  | Maharashtra Scooters Ltd | 1218068 |
| 372667 |  | Maharashtra Seamless Ltd | 2898848 |
| 700916 |  | Man Infraconstruction Ltd | 1274671 |
| 53683 |  | Mastek Ltd | 1327983 |
| 127626 |  | National Aluminium Co Ltd | 236620 |
| 1434062 |  | NCC Ltd | 3588217 |
| 79570 |  | NESCO Ltd | 888049 |
| 623828 |  | Paisalo Digital Ltd | 238627 |
| 7948 |  | Procter & Gamble Health Ltd | 478101 |
| 1898085 |  | Rain Industries Ltd | 3179153 |
| 1845820 | (a) | Reliance Energy Ltd | 5554069 |
| 12215 |  | SKF India Ltd | 561615 |
| 434587 | (a) | Star Health & Allied Insurance Co Ltd | 2012089 |
| 561248 |  | Sterlite Technologies Ltd | 414563 |
| 581196 | (a),(c) | STL Networks Ltd | 154580 |
| 192169 |  | Symphony Ltd | 2622369 |
| 71416 |  | Tanla Platforms Ltd | 400824 |
| 126205 | (a) | TARC Ltd | 231035 |
| 727327 |  | TD Power Systems Ltd | 3722613 |
| 750032 |  | Triveni Turbine Ltd | 4614730 |
| 110435 |  | Vaibhav Global Ltd | 285646 |
| 56999 |  | V-Guard Industries Ltd | 243321 |
|  |  | TOTAL INDIA | 86953498 |
|  |  | INDONESIA - 0.7% |  |
| 12092200 |  | Ciputra Development Tbk PT | 670315 |
| 766600 |  | Cisarua Mountain Dairy PT TBK | 211508 |
| 481175 |  | Indo Tambangraya Megah Tbk PT | 637854 |
| 27082337 |  | Industri Jamu Dan Farmasi Sido Muncul Tbk PT | 970722 |
| 13931200 |  | PT Aneka Tambang Tbk | 1820883 |
| 35404225 |  | PT Perusahaan Gas Negara Persero Tbk | 3592700 |
|  |  | TOTAL INDONESIA | 7903982 |
|  |  | IRELAND - 0.6% |  |
| 21176 |  | COSMO Pharmaceuticals NV | 1228077 |
| 436090 |  | Glanbia plc | 5645269 |
|  |  | TOTAL IRELAND | 6873346 |
|  |  | ISRAEL - 2.2% |  |
| 12870 | (a) | Camtek Ltd | 854627 |
| 274180 | (a) | Cellebrite DI Ltd | 5426022 |
| 10787 |  | Formula Systems 1985 Ltd | 952394 |
| 25733 |  | Matrix IT Ltd | 629867 |
| 14377 | (a) | Nayax Ltd | 603606 |
| 27554 | (a) | Nova Measuring Instruments Ltd | 5319931 |
| 30421 |  | Plus500 Ltd | 1247027 |
| 63054 | (a) | Radware Ltd | 1504468 |
| 51026 |  | Sapiens International Corp NV | 1400137 |
| 393735 | (a) | SimilarWeb Ltd | 2968762 |
| 372040 |  | ZIM Integrated Shipping Services Ltd | 5710814 |
|  |  | TOTAL ISRAEL | 26617655 |
|  |  | ITALY - 1.5% |  |
| 452423 |  | Banca Popolare di Sondrio SPA | 5669257 |
| 527392 | (a) | Fincantieri S.p.A | 6870926 |
| 571524 |  | MFE-MediaForEurope NV | 2078793 |
| 233142 | (d) | Technogym S.p.A | 3150410 |
|  |  | TOTAL ITALY | 17769386 |
|  |  | JAPAN - 22.2% |  |
| 285000 |  | AEON Financial Service Co Ltd | 2358356 |
| 56700 |  | Aichi Corp | 510275 |

---

*See Notes to Financial Statements* 51

------

Quant International Small Cap Equity

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | JAPAN (continued) |  |
| 400500 |  | Anritsu Corp | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4003563 |
| 108800 |  | Appier Group, Inc | 959944 |
| 8500 |  | Argo Graphics, Inc | 300519 |
| 123400 |  | Asahi Intecc Co Ltd | 1897250 |
| 33000 |  | Axial Retailing, Inc | 251033 |
| 14100 |  | C Uyemura & Co Ltd | 912495 |
| 59600 | (a) | Canon Electronics, Inc | 971326 |
| 57300 | (b) | Central Glass Co Ltd | 1198836 |
| 85300 |  | Chudenko Corp | 2097530 |
| 55800 | (a),(b) | Cover Corp | 855531 |
| 171200 |  | Cybozu, Inc | 3550908 |
| 118500 |  | Dai-Dan Co Ltd | 3444597 |
| 19200 |  | Doshisha Co Ltd | 300913 |
| 256800 |  | Electric Power Development Co | 4508238 |
| 295500 |  | Fuji Machine Manufacturing Co Ltd | 4394386 |
| 770 |  | Global One Real Estate Investment Corp | 642949 |
| 147300 |  | Glory Ltd | 2593612 |
| 134200 |  | Gree, Inc | 503913 |
| 310600 |  | GungHo Online Entertainment, Inc | 6572471 |
| 154700 |  | Heiwa Corp | 2408033 |
| 257900 |  | Hirogin Holdings, Inc | 2143655 |
| 47600 |  | Hirose Electric Co Ltd | 5384198 |
| 179400 |  | Hosiden Corp | 2408659 |
| 86400 |  | Inaba Denki Sangyo Co Ltd | 2276052 |
| 9500 |  | Insource Co Ltd | 60830 |
| 107400 |  | Ishikawajima-Harima Heavy Industries Co Ltd | 8412872 |
| 53800 |  | Itoham Yonekyu Holdings, Inc | 1686110 |
| 218600 |  | JAC Recruitment Co Ltd | 1270869 |
| 403900 |  | Jafco Co Ltd | 6801282 |
| 304300 | (b) | Japan Aviation Electronics Industry Ltd | 4874600 |
| 109500 |  | Justsystems Corp | 2620641 |
| 108800 | (b) | Kanamoto Co Ltd | 2439519 |
| 63500 |  | Kandenko Co Ltd | 1258733 |
| 63200 |  | Keiyo Bank Ltd | 368323 |
| 5878 |  | Kenedix Realty Investment Corp | 6121156 |
| 223300 | (b) | Kobe Steel Ltd | 2618836 |
| 345000 |  | Koei Tecmo Holdings Co Ltd | 5918589 |
| 64200 | (a),(b) | M&A Research Institute Holdings, Inc | 576547 |
| 146700 |  | Maeda Kosen Co Ltd | 2091379 |
| 177100 |  | Matsui Securities Co Ltd | 913256 |
| 15400 |  | Maxvalu Tokai Co Ltd | 326768 |
| 154300 |  | MCJ Co Ltd | 1442519 |
| 14300 |  | Mitsubishi Research Institute, Inc | 449038 |
| 10400 |  | Mitsui Mining & Smelting Co Ltd | 282745 |
| 215400 |  | Mixi Inc | 4786121 |
| 21800 |  | Modec, Inc | 661582 |
| 781200 |  | Monex Group, Inc | 3932057 |
| 67900 |  | Morita Holdings Corp | 1013150 |
| 355600 | (b) | Namura Shipbuilding Co Ltd | 5018079 |
| 32000 |  | Nanto Bank Ltd | 876427 |
| 161000 |  | Nihon Parkerizing Co Ltd | 1341160 |
| 38700 |  | Nippon Densetsu Kogyo Co Ltd | 588161 |
| 11500 |  | Nippon Kanzai Holdings Co Ltd | 218921 |
| 192800 |  | Nippon Light Metal Holdings Co Ltd | 2010119 |
| 18300 |  | Nishio Rent All Co Ltd | 526568 |
| 29100 |  | Nitta Corp | 748070 |
| 37200 |  | Noevir Holdings Co Ltd | 1075482 |
| 230100 |  | Nomura Co Ltd | 1389031 |
| 101800 |  | Noritsu Koki Co Ltd | 3214542 |
| 644000 |  | NSK Ltd | 2813054 |
| 58100 |  | OBIC Business Consultants Ltd | 2792958 |
| 152000 |  | Ohsho Food Service Corp | 3438360 |

---

52 *See Notes to Financial Statements*

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | JAPAN (continued) |  |
| 385100 | Oki Electric Industry Co Ltd | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2564868 |
| 183700 | Orient Corp | 1008466 |
| 23000 | PALTAC Corp | 637827 |
| 508000 (b) | Pigeon Corp | 6151813 |
| 17700 | Plus Alpha Consulting Co Ltd | 205957 |
| 122000 | Prima Meat Packers Ltd | 1963633 |
| 231400 | Raito Kogyo Co Ltd | 4303921 |
| 84900 (b) | Rorze Corp | 854501 |
| 14600 | Ryoshoku Ltd | 546575 |
| 128200 | Sangetsu Co Ltd | 2607440 |
| 126000 | Sanki Engineering Co Ltd | 3219422 |
| 500100 | Santen Pharmaceutical Co Ltd | 5065204 |
| 43200 | Sanyo Chemical Industries Ltd | 1088341 |
| 269400 | Sega Sammy Holdings, Inc | 5654296 |
| 115475 | Shiga Bank Ltd | 4643261 |
| 92100 | Shimamura Co Ltd | 6128238 |
| 40700 | Shinko Plantech Co Ltd | 425194 |
| 215300 | Shinmaywa Industries Ltd | 2028796 |
| 107300 | Shinnihon Corp | 1240007 |
| 135900 | Shizuoka Gas Co Ltd | 1119904 |
| 101800 | SMS Co Ltd | 943478 |
| 457 | SOSiLA Logistics REIT, Inc | 353547 |
| 143500 | Square Enix Co Ltd | 8297602 |
| 30800 | Sumitomo Densetsu Co Ltd | 1131956 |
| 27600 | Sumitomo Osaka Cement Co Ltd | 753717 |
| 86300 | Sun Frontier Fudousan Co Ltd | 1181005 |
| 100100 | Suzuken Co Ltd | 3616376 |
| 1711200 | Systena Corp | 4475986 |
| 6900 | Taihei Dengyo Kaisha Ltd | 235976 |
| 252100 | Taikisha Ltd | 4126368 |
| 177200 (b) | Takeuchi Manufacturing Co Ltd | 5546775 |
| 145200 | TechMatrix Corp | 2073534 |
| 75600 | TKC | 2130946 |
| 157100 | Toenec Corp | 1244160 |
| 322800 | Tokai Tokyo Securities Co Ltd | 1066159 |
| 65000 | Tokyo Kiraboshi Financial Group, Inc | 2569385 |
| 23200 | TOMONY Holdings, Inc | 88900 |
| 79200 | Torii Pharmaceutical Co Ltd | 2595297 |
| 184700 | Toyoda Gosei Co Ltd | 3546546 |
| 227500 | Tsubakimoto Chain Co | 2763743 |
| 151700 | UACJ Corp | 5118106 |
| 111400 (a) | Visional, Inc | 6739553 |
| 162500 | Yurtec Corp | 2098344 |
| 290200 | Zenkoku Hosho Co Ltd | 6296197 |
| 4400 | Zuken, Inc | 159105 |
|  | TOTAL JAPAN | 265038121 |
|  | KOREA, REPUBLIC OF - 4.2% |  |
| 12905 | AfreecaTV Co Ltd | 744597 |
| 88983 | Cheil Worldwide, Inc | 1161366 |
| 38566 | CJ ENM Co Ltd | 1677423 |
| 165727 | CS Wind Corp | 4523989 |
| 45421 | Daishin Securities Co Ltd PF | 535591 |
| 33027 | DB HiTek Co Ltd | 892822 |
| 475980 | DGB Financial Group, Inc | 3441513 |
| 9837 | DoubleUGames Co Ltd | 390325 |
| 1596786 | Hanwha Life Insurance Co Ltd | 2978598 |
| 31343 (a) | HSD Engine Co Ltd | 602382 |
| 3156 | Hyosung TNC Corp | 527935 |
| 277691 | Hyundai Marine & Fire Insurance Co Ltd | 4345029 |
| 17848 | Hyundai Mipo Dockyard | 2096663 |
| 28838 | Kangwon Land, Inc | 329190 |
| 163661 | KEPCO Plant Service & Engineering Co Ltd | 5055850 |

---

*See Notes to Financial Statements* 53

------

Quant International Small Cap Equity

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | KOREA, REPUBLIC OF (continued) |  |
| 20320 | Korea Electric Terminal Co Ltd | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;921179 |
| 45406 | Korea Gas Corp | 1236948 |
| 26105 | LIG Nex1 Co Ltd | 5897622 |
| 22093 | Medytox, Inc | 2714202 |
| 929 | NongShim Co Ltd | 263282 |
| 97055 | Orion Holdings Corp | 1250333 |
| 118007 | Poongsan Corp | 4927151 |
| 17112 | S1 Corp (Korea) | 762690 |
| 68382 | Samsung Securities Co Ltd | 2506649 |
| 3518 | Seegene, Inc | 65051 |
| 2753 | Shinyoung Securities Co Ltd | 172420 |
|  | TOTAL KOREA, REPUBLIC OF | 50020800 |
|  | KUWAIT - 0.2% |  |
| 142084 | Boursa Kuwait Securities Co KPSC | 1257663 |
| 215361 | Humansoft Holding Co KSC | 1667909 |
|  | TOTAL KUWAIT | 2925572 |
|  | MALAYSIA - 0.4% |  |
| 783100 | Bursa Malaysia BHD | 1341328 |
| 872200 | KPJ Healthcare Bhd | 581432 |
| 966500 | Malakoff Corp Bhd | 178426 |
| 468500 | United Plantations BHD | 2487177 |
|  | TOTAL MALAYSIA | 4588363 |
|  | MEXICO - 0.4% |  |
| 103319 (d) | Banco del Bajio S.A. | 247411 |
| 1130775 | Bolsa Mexicana de Valores SAB de C.V. | 2372779 |
| 430623 | Concentradora Fibra Danhos S.A. de C.V. | 486168 |
| 1025042 (d) | FIBRA Macquarie Mexico | 1606782 |
|  | TOTAL MEXICO | 4713140 |
|  | NETHERLANDS - 0.6% |  |
| 104391 | Arcadis NV | 5062032 |
| 31027 | Van Lanschot Kempen NV | 1811589 |
|  | TOTAL NETHERLANDS | 6873621 |
|  | NORWAY - 1.3% |  |
| 687125 | Aker Solutions ASA | 1864929 |
| 192698 | Hoegh Autoliners ASA | 1550938 |
| 80670 | MPC Container Ships ASA | 118639 |
| 32670 | Stolt-Nielsen Ltd | 733510 |
| 522398 | Storebrand ASA | 6307228 |
| 571698 | Wallenius Wilhelmsen ASA | 4143375 |
| 22189 | Wilh Wilhelmsen ASA | 827550 |
|  | TOTAL NORWAY | 15546169 |
|  | PERU - 0.1% |  |
| 378066 | Hochschild Mining plc | 1423681 |
|  | TOTAL PERU | 1423681 |
|  | PHILIPPINES - 0.2% |  |
| 3213100 | DMCI Holdings, Inc | 609773 |
| 2730500 | LT Group, Inc | 580760 |
| 1426400 (d) | Monde Nissin Corp | 198682 |
| 152000 | Puregold Price Club, Inc | 86946 |
| 1558100 | Semirara Mining & Power Corp | 948445 |
|  | TOTAL PHILIPPINES | 2424606 |
|  | POLAND - 0.2% |  |
| 31343 | Bank Handlowy w Warszawie S.A. | 977569 |
| 358236 | Telekomunikacja Polska S.A. | 919130 |
|  | TOTAL POLAND | 1896699 |
|  | PORTUGAL - 0.3% |  |
| 378762 | NOS SGPS S.A. | 1580732 |

---

54 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | PORTUGAL (continued) |  |
| 1728595 |  | Sonae SPGS S.A. | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2195204 |
|  |  | TOTAL PORTUGAL | 3775936 |
|  |  | QATAR - 0.2% |  |
| 3724729 |  | Vodafone Qatar QSC | 2414271 |
|  |  | TOTAL QATAR | 2414271 |
|  |  | RUSSIA - 0.0% |  |
| 81310 | (a),(c) | Sistema PJSFC (GDR) | 813 |
|  |  | TOTAL RUSSIA | 813 |
|  |  | SAUDI ARABIA - 0.5% |  |
| 749727 |  | Abdullah Al Othaim Markets Co | 1803444 |
| 163533 |  | Al Masane Al Kobra Mining Co | 2637664 |
| 177178 |  | Arabian Cement Co | 1199782 |
| 16608 |  | Eastern Province Cement Co | 148833 |
| 4705 |  | Jadwa REIT Saudi Fund | 12871 |
|  |  | TOTAL SAUDI ARABIA | 5802594 |
|  |  | SINGAPORE - 1.2% |  |
| 4491100 |  | NetLink NBN Trust | 3146280 |
| 2522300 |  | Riverstone Holdings Ltd | 1747936 |
| 454700 |  | Sheng Siong Group Ltd | 612630 |
| 1407700 | (b) | UMS Holdings Ltd | 1164085 |
| 550700 |  | Venture Corp Ltd | 4888572 |
| 6174600 |  | Yangzijiang Financial Holding Ltd | 3366512 |
|  |  | TOTAL SINGAPORE | 14926015 |
|  |  | SOUTH AFRICA - 0.7% |  |
| 130246 |  | Coronation Fund Managers Ltd | 267227 |
| 177538 |  | Investec Ltd | 1108030 |
| 37207 |  | JSE Ltd | 254611 |
| 2672983 |  | Momentum Metropolitan Holdings | 4880022 |
| 103519 |  | Motus Holdings Ltd | 484906 |
| 89935 |  | Resilient REIT Ltd | 292269 |
| 57367 |  | Santam Ltd | 1242868 |
|  |  | TOTAL SOUTH AFRICA | 8529933 |
|  |  | SPAIN - 1.7% |  |
| 550356 |  | Bankinter S.A. | 6411062 |
| 201199 |  | Fluidra S.A. | 4658076 |
| 86783 | (d) | Prosegur Cash S.A. | 75307 |
| 152219 |  | Prosegur Cia de Seguridad S.A. | 425676 |
| 177577 |  | Sol Melia S.A. | 1289071 |
| 3790869 | (d) | Unicaja Banco S.A. | 7225588 |
|  |  | TOTAL SPAIN | 20084780 |
|  |  | SWEDEN - 3.6% |  |
| 159806 | (d) | AcadeMedia AB | 1314993 |
| 195158 | (d) | Ambea AB | 2357615 |
| 559070 |  | Arjo AB | 1872915 |
| 308299 | (a),(d) | Attendo AB | 2098721 |
| 239193 |  | Betsson AB | 4183262 |
| 13827 |  | BioGaia AB | 147192 |
| 85627 |  | Bure Equity AB | 2885018 |
| 4586 |  | Clas Ohlson AB (B Shares) | 129912 |
| 1665645 | (b) | Corem Property Group AB | 842294 |
| 122883 |  | Creades AB | 986876 |
| 271430 |  | Elekta AB (B Shares) | 1382155 |
| 466773 | (a),(b) | Embracer Group AB | 5890564 |
| 14370 |  | FastPartner AB | 84436 |
| 2416 |  | INVISIO AB | 97100 |
| 2674 |  | Inwido AB | 56669 |
| 28333 | (b) | Loomis AB | 1179260 |
| 67507 |  | Medicover AB | 1684584 |
| 188195 | (a) | Modern Times Group MTG AB | 2254796 |
| 96580 |  | Paradox Interactive AB | 1893530 |
| 484177 | (d) | Scandic Hotels Group AB | 3768466 |

---

*See Notes to Financial Statements* 55

------

Quant International Small Cap Equity

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | SWEDEN (continued) |  |
| 60446 (a) | Sdiptech AB | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1353716 |
| 110130 (b) | SwedenCare AB | 439321 |
| 48713 | Synsam AB | 247857 |
| 711833 | Truecaller AB | 5356871 |
| 37685 | VBG Group AB | 1054931 |
|  | TOTAL SWEDEN | 43563054 |
|  | SWITZERLAND - 3.2% |  |
| 140967 | Accelleron Industries AG. | 7567732 |
| 23487 | Allreal Holding AG. | 5175126 |
| 10860 | Belimo Holding AG. | 9227323 |
| 7586 | Burkhalter Holding AG. | 1128509 |
| 22374 | Huber & Suhner AG. | 1968756 |
| 6020 | Intershop Holding AG. | 987736 |
| 6905 | Kaba Holding AG. | 5824762 |
| 82131 | Landis&Gyr Group AG. | 5282425 |
| 1803 (b) | Rieter Holding AG. | 152917 |
| 5770 | Siegfried Holding AG. | 686956 |
|  | TOTAL SWITZERLAND | 38002242 |
|  | TAIWAN - 4.4% |  |
| 338000 | Alpha Networks, Inc | 291649 |
| 710000 | Arcadyan Technology Corp | 5253985 |
| 359000 | Bizlink Holding, Inc | 6077218 |
| 580000 | Chenbro Micom Co Ltd | 4530173 |
| 334000 | Chicony Electronics Co Ltd | 1609331 |
| 2888000 | ChipMOS Technologies, Inc | 2389181 |
| 19000 | ECOVE Environment Corp | 170224 |
| 2807000 | Foxconn Technology Co Ltd | 5224647 |
| 441000 | Foxsemicon Integrated Technology, Inc | 3779362 |
| 91000 | GFC Ltd | 307526 |
| 1063000 | Greatek Electronics, Inc | 1827866 |
| 189000 | ITE Technology, Inc | 768863 |
| 98000 | Johnson Health Tech Co Ltd | 528795 |
| 715000 | Kindom Development Co Ltd | 1140571 |
| 526000 | King Yuan Electronics Co Ltd | 1430414 |
| 1232000 | Merry Electronics Co Ltd | 4362367 |
| 226000 | Parade Technologies Ltd | 3820036 |
| 742000 (a) | RichWave Technology Corp | 3197049 |
| 2383000 | Sigurd Microelectronics Corp | 5400061 |
| 33000 | Wowprime Corp | 229582 |
|  | TOTAL TAIWAN | 52338900 |
|  | THAILAND - 1.2% |  |
| 3935300 | AP Thailand PCL | 941997 |
| 1734100 | Bangkok Life Assurance PCL | 871925 |
| 857800 | Kiatnakin Phatra Bank PCL | 1286238 |
| 4343400 | Regional Container Lines PCL | 2981951 |
| 6363200 | Thai Life Insurance PCL | 2336683 |
| 741800 | Thanachart Capital PCL | 1060153 |
| 1603600 | Tisco Bank PCL | 4704469 |
| 5644000 | TPI Polene PCL | 158819 |
|  | TOTAL THAILAND | 14342235 |
|  | TURKEY - 0.3% |  |
| 3695667 (d) | Mavi Giyim Sanayi Ve Ticaret AS. | 3112012 |
| 345676 | Torunlar Gayrimenkul Yatirim Ortakligi AS | 551952 |
| 21682 | Yazicilar Holding AS | 154401 |
|  | TOTAL TURKEY | 3818365 |
|  | UNITED ARAB EMIRATES - 0.0% |  |
| 368857 | Dubai Financial Market PJSC | 137621 |
|  | TOTAL UNITED ARAB EMIRATES | 137621 |
|  | UNITED KINGDOM - 8.7% |  |
| 335028 | Allfunds Group PLC | 1891376 |
| 1193983 | British Land Co plc | 6281376 |
| 572592 | Bytes Technology Group plc | 3893708 |

---

56 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION |  | VALUE |
|  |  | UNITED KINGDOM (continued) |  |  |
| 444885 |  | Chemring Group plc |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2376287 |
| 75557 | (d) | CMC Markets plc |  | 244185 |
| 1085622 |  | Coats Group plc |  | 1051344 |
| 36484 |  | Computacenter plc |  | 1180023 |
| 592669 | (d) | ConvaTec Group plc |  | 2060508 |
| 953764 | (a),(d) | Deliveroo plc |  | 2165821 |
| 31075 |  | Fevertree Drinks plc |  | 330885 |
| 136467 |  | Great Portland Estates plc |  | 563796 |
| 100079 |  | Greggs plc |  | 2491465 |
| 158698 |  | Hilton Food Group plc |  | 1880208 |
| 476561 |  | Hiscox Ltd |  | 7013865 |
| 313348 |  | Hunting plc |  | 1081170 |
| 496668 |  | IG Group Holdings plc |  | 7078996 |
| 425950 |  | IntegraFin Holdings plc |  | 1739566 |
| 364322 |  | Johnson Service Group plc |  | 679745 |
| 44400 | (a),(d) | Just Eat Takeaway.com NV |  | 971698 |
| 361738 |  | Lancashire Holdings Ltd |  | 2722838 |
| 1981561 |  | Man Group plc |  | 4325071 |
| 1197836 |  | Mitie Group |  | 2309866 |
| 103066 |  | Polar Capital Holdings plc |  | 540661 |
| 473777 |  | Premier Foods plc |  | 1257755 |
| 722673 |  | QinetiQ plc |  | 3803851 |
| 414723 |  | Redde Northgate plc |  | 1731673 |
| 833784 |  | Rightmove plc |  | 8234580 |
| 1475499 |  | Rotork plc |  | 6007890 |
| 2344152 |  | Serco Group plc |  | 5379751 |
| 3064151 |  | Shaftesbury Capital plc |  | 5565979 |
| 71885 |  | Softcat plc |  | 1605522 |
| 409000 | (d) | Spire Healthcare Group plc |  | 1057523 |
| 669371 |  | Tate & Lyle plc |  | 4988833 |
| 1007554 | (a),(d) | Trustpilot Group plc |  | 3021327 |
| 540467 |  | Unite Group plc |  | 6209439 |
|  |  | TOTAL UNITED KINGDOM |  | 103738581 |
|  |  | UNITED STATES - 0.8% |  |  |
| 280631 | (a) | Carnival plc |  | 4710395 |
| 1106500 | (d) | JS Global Lifestyle Co Ltd |  | 256808 |
| 263789 | (a) | MDA Ltd |  | 5149109 |
|  |  | TOTAL UNITED STATES |  | 10116312 |
|  |  | TOTAL COMMON STOCKS |  |  |
|  |  | (Cost $1,026,716,255) |  | 1156639795 |
| SHARES |  | DESCRIPTION |  | VALUE |
|  |  | INVESTMENT COMPANIES - 2.5% |  |  |
| 157286 |  | iShares Core MSCI Emerging Markets ETF |  | 8520183 |
| 46082 |  | iShares MSCI Canada ETF |  | 1956181 |
| 291083 |  | iShares MSCI EAFE Small-Cap ETF |  | 19357019 |
|  |  | TOTAL INVESTMENT COMPANIES |  |  |
|  |  | (Cost $29,192,775) |  | 29833383 |
|  |  | TOTAL LONG-TERM INVESTMENTS |  |  |
|  |  | (Cost $1,055,909,030) |  | 1186473178 |
| SHARES |  | DESCRIPTION | RATE | VALUE |
|  |  | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 1.6% |  |  |
| 19463222 | (e) | State Street Navigator Securities Lending Government Money Market Portfolio | 4.360%(f) | 19463222 |
|  |  | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING |  |  |
|  |  | (Cost $19,463,222) |  | 19463222 |
|  |  | TOTAL INVESTMENTS - 100.8% |  |  |
|  |  | (Cost $1,075,372,252) |  | 1205936400 |
|  |  | OTHER ASSETS & LIABILITIES, NET - (0.8)% |  | (9986568) |
|  |  | NET ASSETS - 100.0% |  | $1195949832 |

---

*See Notes to Financial Statements* 57

------

Quant International Small Cap Equity

ADR American Depositary Receipt

ETF Exchange Traded Fund

GDR Global Depositary Receipt

REIT Real Estate Investment Trust

(a) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

(b) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $42,772,132.

(c) For fair value measurement disclosure purposes, investment classified as Level 3.

(d) Security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities are deemed liquid and may be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. As of the end of the reporting period, the aggregate value of these securities is $47,233,798 or 3.9% of Total Investments.

(e) Investments made with cash collateral received from securities on loan.

(f) The rate shown is the one-day yield as of the end of the reporting period.

58 *See Notes to Financial Statements*

------

## Portfolio of Investments April 30, 2025
International Responsible Equity

(Unaudited)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | LONG-TERM INVESTMENTS - 98.5% |  |
|  | COMMON STOCKS - 98.5% |  |
|  | AUSTRALIA - 7.2% |  |
| 540480 | Australia & New Zealand Banking Group Ltd | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10335197 |
| 28193 | Australian Stock Exchange Ltd | 1276633 |
| 484775 | Brambles Ltd | 6370747 |
| 12852 | Cochlear Ltd | 2250778 |
| 464106 | Coles Group Ltd | 6302469 |
| 210490 | Commonwealth Bank of Australia | 22435938 |
| 237214 | Computershare Ltd | 6198735 |
| 637325 | Fortescue Metals Group Ltd | 6582093 |
| 340069 | Goodman Group | 6510225 |
| 1011699 | Insurance Australia Group Ltd | 5313918 |
| 489378 | QBE Insurance Group Ltd | 6763165 |
| 28331 (a) | REA Group Ltd | 4501222 |
| 70394 | Stockland Trust Group | 247381 |
| 492720 (a) | Suncorp-Metway Ltd | 6407373 |
| 2087315 | Telstra Corp Ltd | 6024192 |
| 841494 | Transurban Group | 7583016 |
| 199185 | Wesfarmers Ltd | 9978421 |
| 76442 | WiseTech Global Ltd | 4346716 |
| 306183 | Woolworths Ltd | 6179579 |
|  | TOTAL AUSTRALIA | 125607798 |
|  | AUSTRIA - 0.4% |  |
| 97935 | Erste Bank der Oesterreichischen Sparkassen AG. | 6632316 |
| 88152 (b) | Mondi plc | 1338071 |
|  | TOTAL AUSTRIA | 7970387 |
|  | BELGIUM - 0.5% |  |
| 12339 | Dieteren S.A. | 2464109 |
| 76040 | KBC Groep NV | 7011554 |
|  | TOTAL BELGIUM | 9475663 |
|  | CHILE - 0.3% |  |
| 229268 | Antofagasta plc | 5031407 |
|  | TOTAL CHILE | 5031407 |
|  | CHINA - 1.2% |  |
| 1571517 | BOC Hong Kong Holdings Ltd | 6519250 |
| 238231 | Prosus NV | 11169363 |
| 1103939 | Wilmar International Ltd | 2589266 |
|  | TOTAL CHINA | 20277879 |
|  | DENMARK - 2.9% |  |
| 15339 | Coloplast A.S. | 1735808 |
| 42276 | DSV AS | 8960808 |
| 16708 (b) | Genmab AS | 3542741 |
| 362003 | Novo Nordisk A.S. | 24204068 |
| 54661 | Novozymes A.S. | 3550632 |
| 92753 | Orsted AS | 3690917 |
| 377212 | Vestas Wind Systems A.S. | 5029066 |
|  | TOTAL DENMARK | 50714040 |
|  | FINLAND - 1.6% |  |
| 11736 | Kesko Oyj (B Shares) | 269445 |
| 334061 | Metso Outotec Oyj | 3629808 |
| 244728 | Neste Oil Oyj | 2538645 |
| 754999 | Sampo Oyj | 7564036 |
| 307053 | Stora Enso Oyj (R Shares) | 2852027 |
| 204986 | UPM-Kymmene Oyj | 5429280 |
| 292420 | Wartsila Oyj (B Shares) | 5402849 |
|  | TOTAL FINLAND | 27686090 |
|  | FRANCE - 8.6% |  |
| 20137 | Aeroports de Paris | 2518066 |
| 288399 (b) | AXA S.A. | 13640088 |

---

*See Notes to Financial Statements* 59

------

## Portfolio of Investments April 30, 2025 (continued)
International Responsible Equity

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | FRANCE (continued) |  |
| 110161 | (b) | Bouygues S.A. | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4842160 |
| 124386 |  | Bureau Veritas S.A. | 3948392 |
| 313744 |  | Carrefour S.A. | 4839097 |
| 196837 |  | Cie Generale des Etablissements Michelin S.C.A | 7197491 |
| 121843 |  | Danone | 10484154 |
| 187174 |  | Dassault Systemes SE | 7014559 |
| 39884 |  | Eiffage S.A. | 5427125 |
| 44891 |  | Essilor International S.A. | 12935476 |
| 24328 |  | Eurazeo | 1778853 |
| 32448 |  | Fonciere Des Regions | 1819518 |
| 26141 |  | Gecina S.A. | 2683599 |
| 4636 |  | Hermes International | 12749834 |
| 23877 |  | Kering | 4857839 |
| 69212 |  | Legrand S.A. | 7606386 |
| 32702 | (b) | L'Oreal S.A. | 14449890 |
| 522940 |  | Orange S. A. | 7586836 |
| 64363 |  | Publicis Groupe S.A. | 6548741 |
| 130043 |  | Rexel S.A. | 3613066 |
| 182756 |  | Societe Generale | 9528710 |
| 66901 |  | Unibail-Rodamco-Westfield | 5663507 |
|  |  | TOTAL FRANCE | 151733387 |
|  |  | GERMANY - 8.8% |  |
| 32654 |  | Adidas-Salomon AG. | 7513409 |
| 50412 |  | Allianz AG. | 20849229 |
| 91207 |  | Bayerische Motoren Werke AG. | 7735948 |
| 35840 |  | CTS Eventim AG. | 4246573 |
| 149244 |  | Daimler AG. (Registered) | 8923121 |
| 35587 |  | Deutsche Boerse AG. | 11462354 |
| 149011 |  | Evonik Industries AG. | 3348701 |
| 90173 |  | GEA Group AG. | 5882858 |
| 59052 |  | Henkel KGaA | 4167898 |
| 66976 |  | Henkel KGaA (Preference) | 5201782 |
| 42174 |  | Knorr-Bremse AG. | 4182680 |
| 33911 |  | LEG Immobilien SE | 2874608 |
| 42225 |  | Merck KGaA | 5878568 |
| 4146 |  | Puma AG. Rudolf Dassler Sport | 107053 |
| 118369 |  | SAP AG. | 34633433 |
| 15053 |  | Sartorius AG. | 3907677 |
| 93660 |  | Siemens AG. | 21566285 |
| 48312 | (b),(c) | Zalando SE | 1764174 |
|  |  | TOTAL GERMANY | 154246351 |
|  |  | HONG KONG - 1.6% |  |
| 1660515 |  | AIA Group Ltd | 12442092 |
| 213685 |  | Hong Kong Exchanges and Clearing Ltd | 9335830 |
| 884502 | (a) | MTR Corp | 3053589 |
| 1388000 |  | Sino Land Co | 1426448 |
| 232257 |  | Swire Pacific Ltd (Class A) | 2008480 |
|  |  | TOTAL HONG KONG | 28266439 |
|  |  | IRELAND - 0.7% |  |
| 58396 |  | Kerry Group plc (Class A) | 6181902 |
| 72969 |  | Kingspan Group plc | 6157446 |
|  |  | TOTAL IRELAND | 12339348 |
|  |  | ISRAEL - 0.4% |  |
| 464891 |  | Bank Hapoalim Ltd | 6819296 |
|  |  | TOTAL ISRAEL | 6819296 |
|  |  | ITALY - 1.9% |  |
| 230782 | (a) | Assicurazioni Generali S.p.A. | 8434559 |
| 123439 |  | Coca-Cola HBC AG. | 6427928 |
| 2392496 |  | Intesa Sanpaolo S.p.A. | 12771826 |

---

60 *See Notes to Financial Statements*

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | ITALY (continued) |  |
| 85353 | Moncler S.p.A | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5268061 |
|  | TOTAL ITALY | 32902374 |
|  | JAPAN - 21.2% |  |
| 184600 | Advantest Corp | 7722914 |
| 109900 | Aeon Co Ltd | 3249872 |
| 297000 | Ajinomoto Co, Inc | 6074860 |
| 234500 | Asahi Kasei Corp | 1634170 |
| 190100 | Asics Corp | 4086018 |
| 428800 | Astellas Pharma, Inc | 4294065 |
| 173964 | Bridgestone Corp | 7274331 |
| 100054 | Dai Nippon Printing Co Ltd | 1394625 |
| 187700 | Daifuku Co Ltd | 4965503 |
| 332200 | Daiichi Sankyo Co Ltd | 8497879 |
| 56925 | Daikin Industries Ltd | 6485080 |
| 194419 | Daiwa House Industry Co Ltd | 7034648 |
| 775521 (a) | Daiwa Securities Group, Inc | 5099767 |
| 22700 | Don Quijote Co Ltd | 698875 |
| 310983 | East Japan Railway Co | 6741139 |
| 58748 | Eisai Co Ltd | 1698050 |
| 241507 | Fanuc Ltd | 6129365 |
| 32064 | Fast Retailing Co Ltd | 10547285 |
| 339000 | FUJIFILM Holdings Corp | 6943523 |
| 405420 | Fujitsu Ltd | 9006589 |
| 87916 | Hankyu Hanshin Holdings, Inc | 2507556 |
| 950600 | Honda Motor Co Ltd | 9672108 |
| 66500 (b) | Hoya Corp | 7824794 |
| 327400 | Isuzu Motors Ltd | 4403017 |
| 565056 | KDDI Corp | 10014831 |
| 119200 | Kikkoman Corp | 1166869 |
| 247283 | Komatsu Ltd | 7151317 |
| 480791 | Kubota Corp | 5586978 |
| 484184 | Mitsubishi Electric Corp | 9366730 |
| 383063 | Mitsubishi Estate Co Ltd | 6728875 |
| 754883 | Mitsui Fudosan Co Ltd | 7481379 |
| 405100 | Mizuho Financial Group, Inc | 10128558 |
| 351005 | NEC Corp | 8544451 |
| 322100 | Nidec Corp | 5724142 |
| 249694 | Nippon Paint Co Ltd | 1902360 |
| 321600 | Nitto Denko Corp | 5652703 |
| 1050100 | Nomura Holdings, Inc | 5852796 |
| 110400 | Nomura Research Institute Ltd | 4180564 |
| 72585 | Obayashi Corp | 1126169 |
| 269353 | Oriental Land Co Ltd | 5704761 |
| 336007 | ORIX Corp | 6740310 |
| 626858 | Panasonic Corp | 7187530 |
| 370900 (b) | Rakuten, Inc | 2186948 |
| 224878 | Recruit Holdings Co Ltd | 12461671 |
| 508200 | Renesas Electronics Corp | 5963858 |
| 307100 | Ricoh Co Ltd | 3230112 |
| 64600 | Secom Co Ltd | 2375370 |
| 108700 | Seiko Epson Corp | 1508003 |
| 18324 | Sekisui Chemical Co Ltd | 320192 |
| 42363 | Sekisui House Ltd | 973934 |
| 6002090 | SoftBank Corp | 9082632 |
| 177000 | Softbank Group Corp | 8950825 |
| 242078 | Sompo Holdings, Inc | 7933161 |
| 783240 | Sony Corp | 20664052 |
| 143732 | Sumitomo Metal Mining Co Ltd | 3188985 |
| 268900 | T&D Holdings, Inc | 5721816 |
| 299769 | Tokio Marine Holdings, Inc | 12015447 |
| 74800 | Tokyo Electron Ltd | 11137594 |
| 15100 | Tokyu Corp | 183134 |

---

*See Notes to Financial Statements* 61

------

International Responsible Equity

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | JAPAN (continued) |  |
| 802240 | Toray Industries, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5123516 |
| 128518 | West Japan Railway Co | 2703504 |
| 537000 | Yamaha Motor Co Ltd | 4217455 |
| 46386 | Yaskawa Electric Corp | 977320 |
| 81698 | Yokogawa Electric Corp | 1767957 |
| 1221400 | Z Holdings Corp | 4619360 |
|  | TOTAL JAPAN | 371534202 |
|  | LUXEMBOURG - 0.3% |  |
| 78539 | Eurofins Scientific SE | 4956309 |
|  | TOTAL LUXEMBOURG | 4956309 |
|  | NETHERLANDS - 4.3% |  |
| 768738 | Aegon NV | 4944480 |
| 31905 | Akzo Nobel NV | 2014307 |
| 8058 (b) | Argenx SE | 5209088 |
| 44467 | ASML Holding NV | 29768072 |
| 214868 | Koninklijke Ahold Delhaize NV | 8822275 |
| 437512 | Koninklijke KPN NV | 2035242 |
| 117700 | NN Group NV | 7217411 |
| 22282 | Randstad Holdings NV | 894393 |
| 241033 | Universal Music Group NV | 7087691 |
| 40476 | Wolters Kluwer NV | 7146400 |
|  | TOTAL NETHERLANDS | 75139359 |
|  | NEW ZEALAND - 0.5% |  |
| 975125 | Auckland International Airport Ltd | 4355766 |
| 339826 | Meridian Energy Ltd | 1106174 |
| 35478 (b) | Xero Ltd | 3736297 |
|  | TOTAL NEW ZEALAND | 9198237 |
|  | NORWAY - 1.4% |  |
| 286601 | DNB Bank ASA | 7164482 |
| 115693 | Gjensidige Forsikring ASA | 2707082 |
| 269217 | Mowi ASA | 4936487 |
| 398344 | Orkla ASA | 4442513 |
| 353669 | Telenor ASA | 5312102 |
|  | TOTAL NORWAY | 24562666 |
|  | PORTUGAL - 0.4% |  |
| 1739972 | Energias de Portugal S.A. | 6858383 |
|  | TOTAL PORTUGAL | 6858383 |
|  | SINGAPORE - 1.1% |  |
| 1259464 (b) | Grab Holdings Ltd | 6146184 |
| 842519 | Keppel Corp Ltd | 4235932 |
| 694005 | Oversea-Chinese Banking Corp | 8588842 |
|  | TOTAL SINGAPORE | 18970958 |
|  | SPAIN - 3.5% |  |
| 102392 | ACS Actividades de Construccion y Servicios S.A. | 6415353 |
| 103891 | Amadeus IT Holding S.A. | 8177572 |
| 902548 | Banco Bilbao Vizcaya Argentaria S.A. | 12386604 |
| 158177 (c) | Cellnex Telecom S.A. | 6401320 |
| 853841 | Iberdrola S.A. | 15391213 |
| 192843 (a) | Industria de Diseno Textil S.A. | 10370129 |
| 83332 | Redeia Corp S.A. | 1747496 |
|  | TOTAL SPAIN | 60889687 |
|  | SWEDEN - 3.2% |  |
| 115673 (a) | Alfa Laval AB | 4797633 |
| 243473 | Assa Abloy AB | 7390373 |
| 526985 (a) | Atlas Copco AB | 8157041 |
| 452569 (a) | Atlas Copco AB | 6284246 |
| 159018 | Boliden AB | 4872317 |
| 67463 | Epiroc AB | 1459542 |
| 42058 | Epiroc AB | 824823 |
| 148477 | Essity AB | 4293812 |
| 22793 (a) | Hennes & Mauritz AB (B Shares) | 330284 |

---

62 *See Notes to Financial Statements*

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | SWEDEN (continued) |  |
| 315857 (a) | Sandvik AB | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6520687 |
| 30955 | Svenska Cellulosa AB (B Shares) | 400265 |
| 549206 | Svenska Handelsbanken AB | 7189002 |
| 1027227 | TeliaSonera AB | 3858747 |
|  | TOTAL SWEDEN | 56378772 |
|  | SWITZERLAND - 5.9% |  |
| 242686 | ABB Ltd | 12816428 |
| 1305 (a) | Barry Callebaut AG. | 1169951 |
| 52826 | DSM-Firmenich AG. | 5738655 |
| 4565 | Geberit AG. | 3162268 |
| 1919 | Givaudan S.A. | 9257946 |
| 18222 | Kuehne & Nagel International AG. | 4196472 |
| 14003 | Lonza Group AG. | 10061284 |
| 30719 | SGS S.A. | 3000054 |
| 64052 | SIG Group AG. | 1235560 |
| 29496 | Sika AG. | 7371273 |
| 8072 | Swiss Life Holding | 8059568 |
| 9119 | Swisscom AG. | 6081307 |
| 471745 | UBS Group AG | 14319992 |
| 3865 (c) | VAT Group AG. | 1395227 |
| 21155 | Zurich Insurance Group AG | 15004618 |
|  | TOTAL SWITZERLAND | 102870603 |
|  | UNITED KINGDOM - 13.1% |  |
| 192911 | 3i Group plc | 10936321 |
| 6760 | Admiral Group plc | 294009 |
| 119222 | Ashtead Group plc | 6382241 |
| 166549 | Associated British Foods plc | 4590948 |
| 77780 | AstraZeneca plc | 11143292 |
| 940897 | Aviva plc | 7049578 |
| 250567 | Barratt Developments plc | 1562082 |
| 2863702 | BT Group plc | 6646525 |
| 90630 | Bunzl plc | 2848003 |
| 73982 | Coca-Cola Europacific Partners plc | 6713127 |
| 293449 | Compass Group plc | 9893581 |
| 31651 | Croda International plc | 1249382 |
| 57248 | DCC plc | 3741607 |
| 2141777 | HSBC Holdings plc | 23875201 |
| 549377 | Informa plc | 5366825 |
| 955767 | J Sainsbury plc | 3396904 |
| 741716 | Kingfisher plc | 2850782 |
| 2073619 | Legal & General Group plc | 6529995 |
| 77630 | London Stock Exchange Group plc | 12087882 |
| 559906 | Marks & Spencer Group plc | 2909576 |
| 840911 | National Grid plc | 12137794 |
| 329763 | Pearson plc | 5286508 |
| 134775 | Reckitt Benckiser Group plc | 8699259 |
| 269204 | RELX plc | 14691846 |
| 464418 | Schroders plc | 2046309 |
| 237334 | Segro plc | 2158946 |
| 199308 | Smiths Group plc | 4966674 |
| 512903 | Standard Chartered plc | 7387473 |
| 1629573 | Tesco plc | 8064759 |
| 308322 | Unilever plc | 19630825 |
| 7199861 | Vodafone Group plc | 7075305 |
| 101968 | Whitbread plc | 3541453 |
| 576032 | WPP plc | 4465720 |
|  | TOTAL UNITED KINGDOM | 230220732 |
|  | UNITED STATES - 7.5% |  |
| 97114 | Alcon, Inc | 9435644 |
| 72326 | CSL Ltd | 11609259 |
| 649935 | GSK plc | 12857466 |
| 71177 (b) | James Hardie Industries plc | 1670680 |

---

*See Notes to Financial Statements* 63

------

International Responsible Equity

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION |  |  | VALUE |
|  | UNITED STATES (continued) |  |  |  |
| 300284 | Nestle S.A. |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31961443 |
| 231837 | Novartis AG. |  |  | 26442681 |
| 72899 | Schneider Electric S.A. |  |  | 17032542 |
| 17890 (b) | Spotify Technology S.A. |  |  | 10984102 |
| 57812 | Swiss Re AG. |  |  | 10377497 |
|  | TOTAL UNITED STATES |  |  | 132371314 |
|  | TOTAL COMMON STOCKS<br>(Cost $1,377,870,727) |  |  | 1727021681 |
|  | TOTAL LONG-TERM INVESTMENTS<br>(Cost $1,377,870,727) |  |  | 1727021681 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | RATE |  | VALUE |
|  | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 1.6% | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 1.6% | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 1.6% |  |
| 28462853 (d) | State Street Navigator Securities Lending Government Money Market Portfolio | 4.360%(e) |  | 28462853 |
|  | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br>(Cost $28,462,853) | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br>(Cost $28,462,853) | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br>(Cost $28,462,853) | 28462853 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | SHORT-TERM INVESTMENTS - 1.0% |  |  |  |
|  | REPURCHASE AGREEMENT - 1.0% |  |  |  |
| $17553000 (f) | Bank of New York Mellon Corp | 4.370 | 05/01/25 | 17553000 |
|  | TOTAL REPURCHASE AGREEMENT |  |  | 17553000 |
|  | TOTAL SHORT-TERM INVESTMENTS<br>(Cost $17,553,000) |  |  | 17553000 |
|  | TOTAL INVESTMENTS - 101.1%<br>(Cost $1,423,886,580) |  |  | 1773037534 |
|  | OTHER ASSETS & LIABILITIES, NET - (1.1)% |  |  | (18773093) |
|  | NET ASSETS - 100.0% |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1754264441 |

---

(a) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $42,331,048.

(b) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

(c) Security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities are deemed liquid and may be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. As of the end of the reporting period, the aggregate value of these securities is $9,560,721 or 0.5% of Total Investments.

(d) Investments made with cash collateral received from securities on loan.

(e) The rate shown is the one-day yield as of the end of the reporting period.

(f) Agreement with Bank of New York Mellon Corp, 4.370% dated 4/30/25 to be repurchased at $17,851,367 on 5/1/25, collateralized by Government Agency Securities, with coupon rate 4.625% and maturity date 6/15/27, valued at $17,904,069.

Investments in Derivatives

Futures Contracts - Long

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description | Number of<br>Contracts | Expiration<br>Date | Notional<br>Amount | Value | Unrealized<br>Appreciation<br>(Depreciation) |
|  MSCI EAFE Index | 139 | 06/20/25 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16420106 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;17338165 | $918059 |

---

64 *See Notes to Financial Statements*

------

[This page intentionally left blank.]

65<br>

------

## Statement of Assets and Liabilities

---

| | | | |
|:---|:---|:---|:---|
| April 30, 2025 (Unaudited) | Core Equity | Large Cap Growth | Large Cap Value |
|  ASSETS |  |  |  |
|  Long-term investments, at value<sup>\*†</sup> | $6372712688 | $5657218772 | $6162186472 |
|  Affiliated investments, at value<sup>‡</sup> |  |  |  |
|  Short-term investments, at value<sup>#</sup> | 23456630 | 32242000 | 23157550 |
|  Investments purchased with collateral from securities lending, at value (cost approximates value) |  | 12275993 |  |
|  Cash | 486 | 261 | 96 |
|  Cash denominated in foreign currencies<sup>^</sup> |  | 26254 |  |
|  Cash collateral at brokers for investments in futures contracts |  |  |  |
|  Receivables: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dividends | 2227036 | 62 | 4118541 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest | 1636 | 3914 | 2206 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments sold |  | 9544673 | 3134728 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reclaims | 117977 | 370482 | 211149 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reimbursement from Adviser | 767805 | 823038 | 752000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shares sold | 27269008 | 20185049 | 24131631 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Variation margin on futures contracts |  |  |  |
|  Other | 1084451 | 685602 | 1131296 |
|  Total assets | 6427637717 | 5733376100 | 6218825669 |
|  LIABILITIES |  |  |  |
|  Due to affiliates | 13689 | 13541 | 13910 |
|  Cash overdraft |  |  |  |
|  Payables: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Management fees | 2009402 | 1789898 | 1990463 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Collateral from securities lending |  | 12275993 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital gain taxes |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments purchased - regular settlement |  | 506529 | 9276837 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shares redeemed | 915279 | 1439358 | 1927722 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Service agreement fees | 156248 | 72416 | 219543 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Variation margin on futures contracts |  |  |  |
|  Accrued expenses: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Custodian fees | 16692 | 26178 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Professional fees | 20148 | 19755 | 20314 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shareholder reporting expenses | 31116 | 48797 | 6232 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shareholder servicing agent fees | 179641 | 179812 | 25836 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Trustees fees | 1099358 | 624348 | 1135750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12b-1 distribution and service fees | 337848 | 266984 | 37344 |
|  Other | 55249 | 1551 | 501 |
|  Total liabilities | 4834670 | 17265160 | 14654452 |
|  Net assets | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6422803047 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5716110940 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6204171217 |
|  NET ASSETS CONSIST OF: |  |  |  |
| Paid-in capital | $4072190815 | $2300870247 | $3964794184 |
| Total distributable earnings (loss) | 2350612232 | 3415240693 | 2239377033 |
|  Net assets | $6422803047 | $5716110940 | $6204171217 |
| \* Includes securities loaned of | $– | $11932145 | $– |
| <sup>†</sup> Long-term investments, cost | $4494043519 | $2613933127 | $4006717978 |
| <sup>‡</sup> Affiliated investments, cost | $– | $– | $– |
| <sup>#</sup> Short-term investments, cost | $23457167 | $32242000 | $23158111 |
| <sup>^</sup> Cash denominated in foreign currencies, cost | $– | $26201 | $– |

---

66 *See Notes to Financial Statements*

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Quant Mid Cap<br>Growth | Mid Cap Value | Quant Small Cap<br> Equity | Quant Small/Mid<br>Cap Equity | Large Cap<br> Responsible Equity | Emerging Markets<br> Equity | International Equity |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;804435860 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1617658310 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3007115255 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1385695567 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6165157442 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1588219723 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6322030745 |
|  |  |  |  | 8823940 |  |  |
| 1259000 | 9209000 | 39984500 | 6297000 | 35781550 | 12571000 | 106073550 |
| 9333 | 519 | 30472345 | 2741736 |  | 6599730 | 119980747 |
|  | 870 |  | 764 | 9705 | 373419 | 66 |
|  |  |  |  |  | 172700 | 3288020 |
|  |  | 1144794 |  | 10015 |  |  |
| 193631 | 843638 | 1117793 | 136826 | 4138685 | 2491783 | 26110503 |
| 153 | 1118 | 3643 | 764 | 3738 | 1526 | 12271 |
|  |  | 29426539 | 8430691 |  | 1638164 | 4169915 |
|  |  |  |  |  | 1578 | 21023077 |
| 11031 | 21090 | 132625 | 178053 | 1389 | 944059 | 1267083 |
| 24211 | 532921 | 2028176 | 1600624 | 671613 | 11644 | 466200 |
|  |  |  |  | 38127 |  |  |
| 443131 | 990694 | 662667 | 41005 | 667517 | 186840 | 1438415 |
| 806376350 | 1629258160 | 3112088337 | 1405123030 | 6215303721 | 1613212166 | 6605860592 |
| 7396 | 8203 | 10933 | 8931 | 13469 | 9052 | 13405 |
| 7354 |  | 1144045 |  |  |  |  |
| 300479 | 585655 | 984397 | 472094 | 747109 | 1048204 | 2259065 |
| 9333 | 519 | 30472345 | 2741736 |  | 6599730 | 119980747 |
|  |  |  |  |  | 12721471 | 2440133 |
|  |  | 10650885 | 6352015 |  | 20911779 |  |
| 294960 | 75737 | 97577 | 183508 | 5748790 | 18826423 | 70849436 |
| 42779 | 92295 | 96197 | 130606 | 226130 | 9120 | 61533 |
|  |  | 213900 |  |  |  |  |
| 8181 | 5823 | 17836 | 9616 | 18144 | 165008 | 103304 |
| 18869 | 19525 | 16354 | 18315 | 17515 | 24646 | 23525 |
|  |  | 4472 | 10309 | 52243 | 10694 | 86617 |
| 32337 | 35806 | 35425 | 43848 | 73708 | 2822 | 65128 |
| 444003 | 990589 | 648406 | 43654 | 691468 | 172343 | 1368747 |
| 30814 | 39706 | 31934 | 4287 | 141020 | 1793 | 53097 |
| 5657 | 4153 | 16146 | 27806 | 517455 | 16231 | 40752 |
| 1202162 | 1858011 | 44440852 | 10046725 | 8247051 | 60519316 | 197345489 |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;805174188 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1627400149 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3067647485 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1395076305 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6207056670 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1552692850 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6408515103 |
| $764803942 | $1375512024 | $2745501352 | $1199859429 | $3873282451 | $1870264502 | $4622132484 |
| 40370246 | 251888125 | 322146133 | 195216876 | 2333774219 | (317571652) | 1786382619 |
| $805174188 | $1627400149 | $3067647485 | $1395076305 | $6207056670 | $1552692850 | $6408515103 |
| $4322096 | $1626600 | $50223246 | $3067900 | $– | $17040538 | $108876709 |
| $761696223 | $1390933752 | $2687056343 | $1240743843 | $3609960031 | $1420968615 | $4374794386 |
| $– | $– | $– | $– | $5657305 | $– | $– |
| $1259000 | $9209000 | $39985626 | $6297000 | $35782111 | $12571000 | $106074111 |
| $– | $– | $– | $– | $– | $171081 | $3303983 |

---

See Notes to Financial Statements 67

------

## Statement of Assets and Liabilities (continued)

---

| | | | |
|:---|:---|:---|:---|
| April 30, 2025 (Unaudited) | Core Equity | Large Cap Growth | Large Cap Value |
|  CLASS A: |  |  |  |
|  Net assets | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1686395534 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1353511162 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;157289935 |
|  Shares outstanding | 68746130 | 52695859 | 7668578 |
|  Net asset value ("NAV") per share | $24.53 | $25.69 | $20.51 |
|  Maximum sales charge | 5.75% | 5.75% | 5.75% |
|  Offering price per share (NAV per share plus maximum sales charge) | $26.03 | $27.26 | $21.76 |
|  CLASS I: |  |  |  |
|  Net assets | $7906831 | $6461376 | $590644 |
|  Shares outstanding | 571299 | 249960 | 26981 |
|  NAV and offering price per share | $13.84 | $25.85 | $21.89 |
|  PREMIER CLASS: |  |  |  |
|  Net assets | $10465710 | $4172486 | $45496576 |
|  Shares outstanding | 754375 | 161203 | 2080050 |
|  NAV and offering price per share | $13.87 | $25.88 | $21.87 |
|  CLASS R6: |  |  |  |
|  Net assets | $1814673188 | $1623586920 | $2803791262 |
|  Shares outstanding | 131284639 | 62765450 | 127982204 |
|  NAV and offering price per share | $13.82 | $25.87 | $21.91 |
|  RETIREMENT CLASS: |  |  |  |
|  Net assets | $817106850 | $365769048 | $1084215865 |
|  Shares outstanding | 56819679 | 14319217 | 49759248 |
|  NAV and offering price per share | $14.38 | $25.54 | $21.79 |
|  CLASS W: |  |  |  |
|  Net assets | $2086254934 | $2362609948 | $2112786935 |
|  Shares outstanding | 151095569 | 91295821 | 96405352 |
|  NAV and offering price per share | $13.81 | $25.88 | $21.92 |
|  Authorized shares - per class | Unlimited | Unlimited | Unlimited |
|  Par value per share | $0.0001 | $0.0001 | $0.0001 |

---

68 See Notes to Financial Statements

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Quant Mid Cap<br>Growth | Mid Cap Value | Quant Small Cap<br> Equity | Quant Small/Mid<br> Cap Equity | Large Cap<br> Responsible Equity | Emerging Markets<br> Equity | International Equity |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;152044974 | $182422567 | $135634424 | $21471508 | $686896013 | $5688036 | $242545361 |
| 8069897 | 11511258 | 8785813 | 1601900 | 32317830 | 713295 | 28720742 |
| $18.84 | $15.85 | $15.44 | $13.40 | $21.25 | $7.97 | $8.44 |
| 5.75% | 5.75% | 5.75% | 5.75% | 5.75% | 5.75% | 5.75% |
| $19.99 | $16.82 | $16.38 | $14.22 | $22.55 | $8.46 | $8.95 |
| $138654 | $2968412 | $14826501 | $89630962 | $29371717 | $111143 | $4082559 |
| 6964 | 177794 | 897444 | 6614525 | 1150833 | 13890 | 275899 |
| $19.91 | $16.70 | $16.52 | $13.55 | $25.52 | $8.00 | $14.80 |
| $11568885 | $27588314 | $42920112 | $182198 | $36464639 | $5564818 | $50120240 |
| 584820 | 1651503 | 2620444 | 13348 | 1433379 | 694562 | 3474629 |
| $19.78 | $16.70 | $16.38 | $13.65 | $25.44 | $8.01 | $14.42 |
| $421049568 | $949640608 | $1981198705 | $108997127 | $4328486729 | $155995509 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2474508658 |
| 21001927 | 56750818 | 119882012 | 8053984 | 169428462 | 19501920 | 171398864 |
| $20.05 | $16.73 | $16.53 | $13.53 | $25.55 | $8.00 | $14.44 |
| $220372107 | $464780248 | $485963759 | $673417242 | $1125837572 | $45736708 | $315460444 |
| 11637760 | 28074405 | 30820171 | 50211261 | 43050256 | 5746254 | 20905494 |
| $18.94 | $16.56 | $15.77 | $13.41 | $26.15 | $7.96 | $15.09 |
| $– | $– | $407103984 | $501377268 | $– | $1339596636 | $3321797841 |
|  |  | 24666399 | 36974914 |  | 166754002 | 229079014 |
| $– | $– | $16.50 | $13.56 | $– | $8.03 | $14.50 |
| Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited |
| $0.0001 | $0.0001 | $0.0001 | $0.0001 | $0.0001 | $0.0001 | $0.0001 |

---

See Notes to Financial Statements 69

------

---

| | | | |
|:---|:---|:---|:---|
| April 30, 2025 (Unaudited) | International Opportunities | Quant International Small<br>Cap Equity | International Responsible <br> Equity  |
|  ASSETS |  |  |  |
|  Long-term investments, at value<sup>\*</sup><sup>†</sup> | $2243378466 | $1186473178 | $1727021681 |
|  Short-term investments, at value<sup>#</sup> | 50873550 |  | 17553000 |
|  Investments purchased with collateral from securities lending, at value (cost approximates value) | 15854774 | 19463222 | 28462853 |
|  Cash | 116 |  | 81627 |
|  Cash denominated in foreign currencies<sup>^</sup> | 556455 | 664170 | 240962 |
|  Cash collateral at brokers for investments in futures contracts |  |  | 814201 |
|  Receivables: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dividends | 4065580 | 7349768 | 7745943 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest | 5570 |  | 2131 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments sold | 4701321 | 40594941 | 132 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reclaims | 4976391 | 1085178 | 4700269 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reimbursement from Adviser | 994449 | 621436 | 47124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shares sold | 8664 | 36266 | 1046758 |
|  Other | 151638 | 103452 | 53679 |
|  Total assets | 2325566974 | 1256391611 | 1787770360 |
|  LIABILITIES |  |  |  |
|  Due to affiliates | 9712 | 8644 | 7857 |
|  Cash overdraft |  | 22885 |  |
|  Payables: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Management fees | 1054806 | 614905 | 404692 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Collateral from securities lending | 15854774 | 19463222 | 28462853 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital gain taxes |  | 240952 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments purchased - regular settlement |  | 12160763 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shares redeemed | 26383931 | 27673338 | 4180002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Service agreement fees | 13298 | 1328 | 159504 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Variation margin on futures contracts |  |  | 33360 |
|  Accrued expenses: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Custodian fees | 54836 | 153146 | 35217 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Professional fees | 21767 | 23049 | 22507 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shareholder reporting expenses | 18104 | 9754 | 19986 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shareholder servicing agent fees | 22550 | 842 | 20717 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Trustees fees | 153471 | 49113 | 32142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12b-1 distribution and service fees | 6498 | 187 | 7018 |
|  Other | 3866 | 19651 | 120064 |
|  Total liabilities | 43597613 | 60441779 | 33505919 |
|  Net assets | $2281969361 | $1195949832 | $1754264441 |
|  NET ASSETS CONSIST OF: |  |  |  |
|  Paid-in capital | $2357359356 | $1118021546 | $1391379343 |
|  Total distributable earnings (loss) | (75389995) | 77928286 | 362885098 |
|  Net assets | $2281969361 | $1195949832 | $1754264441 |
|  \* Includes securities loaned of | $17080634 | $42772132 | $42331048 |
|  † Long-term investments, cost | $1649378605 | $1055909030 | $1377870727 |
|  # Short-term investments, cost | $50874111 | $– | $17553000 |
|  ^ Cash denominated in foreign currencies, cost | $558175 | $663444 | $241922 |

---

70 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| April 30, 2025 (Unaudited) | International Opportunities | Quant International Small<br>Cap Equity | International Responsible <br>Equity |
|  CLASS A: |  |  |  |
|  Net assets | $31584659 | $931311 | $36178872 |
|  Shares outstanding | 2078146 | 80913 | 2528965 |
|  Net asset value ("NAV") per share | $15.20 | $11.51 | $14.31 |
|  Maximum sales charge | 5.75% | 5.75% | 5.75% |
|  Offering price per share (NAV per share plus maximum sales charge) | $16.13 | $12.21 | $15.18 |
|  CLASS I: |  |  |  |
|  Net assets | $25284918 | $168159 | $13004305 |
|  Shares outstanding | 1661099 | 14651 | 905813 |
|  NAV and offering price per share | $15.22 | $11.48 | $14.36 |
|  PREMIER CLASS: |  |  |  |
|  Net assets | $2526776 | $85403 | $679175 |
|  Shares outstanding | 165486 | 7327 | 47200 |
|  NAV and offering price per share | $15.27 | $11.66 | $14.39 |
|  CLASS R6: |  |  |  |
|  Net assets | $137817956 | $73001814 | $893400691 |
|  Shares outstanding | 9043541 | 6356551 | 62189880 |
|  NAV and offering price per share | $15.24 | $11.48 | $14.37 |
|  RETIREMENT CLASS: |  |  |  |
|  Net assets | $67749452 | $7006463 | $811001398 |
|  Shares outstanding | 4462882 | 610664 | 56711074 |
|  NAV and offering price per share | $15.18 | $11.47 | $14.30 |
|  CLASS W: |  |  |  |
|  Net assets | $2017005600 | $1114756682 | $– |
|  Shares outstanding | 131893786 | 96696701 |  |
|  NAV and offering price per share | $15.29 | $11.53 | $– |
|  Authorized shares - per class | Unlimited | Unlimited | Unlimited |
|  Par value per share | $0.0001 | $0.0001 | $0.0001 |

---

See Notes to Financial Statements 71

------

## Statement of Operations

---

| | | | |
|:---|:---|:---|:---|
| Six Months Ended April 30, 2025 (Unaudited) | Core Equity | Large Cap Growth | Large Cap Value |
|  INVESTMENT INCOME |  |  |  |
|  Affiliated income | $692710 | $414734 | $498322 |
|  Dividends from unaffiliated investments | 41827558 | 17383737 | 62464453 |
|  Dividends from affiliated investments |  |  |  |
|  Interest | 1322073 | 482328 | 515482 |
|  Securities lending income, net |  | 79539 | 2437 |
|  Tax withheld |  | (11236) |  |
|  Total investment income | 43842341 | 18349102 | 63480694 |
|  EXPENSES |  |  |  |
|  Management fees | 12872728 | 12108509 | 13037459 |
|  12b-1 distribution and service fees — Class A | 2288063 | 1845536 | 206145 |
|  12b-1 distribution and service fees — Premier Class | 7220 | 3073 | 37512 |
|  Shareholder servicing agent fees — Class A | 376603 | 350813 | 52419 |
|  Shareholder servicing agent fees — Class I | 55 | 71 | 87 |
|  Shareholder servicing agent fees — Premier Class | 71 | 66 | 46 |
|  Shareholder servicing agent fees — Class R6 | 938 | 1741 | 1242 |
|  Shareholder servicing agent fees — Retirement Class | 868782 | 519819 | 1400283 |
|  Shareholder servicing agent fees — Class W | 730 | 859 | 829 |
|  Administrative service fees | 41691 | 39316 | 42970 |
|  Trustees fees | 30599 | 28357 | 37966 |
|  Custodian expenses | 25309 | 42188 | 37336 |
|  Overdraft expense | 1635 | 56289 | 97 |
|  Professional fees | 22884 | 22296 | 23188 |
|  Registration fees | 46434 | 68239 | 43693 |
|  Shareholder reporting expenses | 43456 | 69897 | 64938 |
|  Other | 77235 | 26529 | 52492 |
|  Total expenses | 16704433 | 15183598 | 15038702 |
|  Expenses reimbursed by the investment adviser | (4316491) | (4996307) | (4354456) |
|  Fee waiver by investment adviser and Nuveen Securities |  |  |  |
|  Net expenses | 12387942 | 10187291 | 10684246 |
|  Net investment income (loss) | 31454399 | 8161811 | 52796448 |
|  REALIZED AND UNREALIZED GAIN (LOSS) |  |  |  |
|  Realized gain (loss): |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments<sup>\*</sup> | 487722140 | 406788856 | 76651003 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures contracts |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign currency transactions | 14350 | 21554 | 172 |
|  Net realized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;487736490 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;406810410 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;76651175 |
|  Change in unrealized appreciation (depreciation) on: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments<sup>‡</sup> | (910110247) | (575224267) | (249391794) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affiliated investments |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures contracts |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign currency translations | (3794) | 24179 | 781 |
|  Net change in unrealized appreciation (depreciation) | (910114041) | (575200088) | (249391013) |
|  Net realized and unrealized gain (loss) | (422377551) | (168389678) | (172739838) |
|  Net increase (decrease) in net assets from operations | $(390923152) | $(160227867) | $(119943390) |
|  <sup>\*</sup> Net of foreign capital gains tax | $– | $– | $– |
|  <sup>‡</sup> Net of change in unrealized foreign capital gains taxes | $– | $– | $– |

---

72 *See Notes to Financial Statements*

------

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Quant Mid Cap<br>Growth | Mid Cap Value | Quant Small Cap<br>Equity | Quant Small/Mid<br>Cap Equity | Large Cap<br>Responsible Equity | Emerging Markets<br>Equity | International Equity |
| $63259 | $133416 | $– | $– | $– | $135918 | $363673 |
| 3341093 | 19277071 | 17129404 | 9195197 | 44157036 | 18072657 | 110076387 |
|  |  |  |  | 169260 |  |  |
| 49688 | 282602 | 618918 | 114645 | 753409 | 1192250 | 1009777 |
| 15965 | 6849 | 863480 | 25675 | 2050 | 93393 | 111320 |
| (15684) | (16019) | (142283) | (37331) | (72976) | (1714883) | (10439242) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3454321 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19683919 | 18469519 | 9298186 | 45008779 | 17779335 | 101121915 |
| <br> 2160014 | 3973941 | 6726934 | 3077636 | 4980443 | 6942255 | 14411768 |
| 207733 | 247571 | 188074 | 30154 | 899935 | 7339 | 293055 |
| 9255 | 21773 | 34473 | 114 | 28749 | 4242 | 36666 |
| 61662 | 73057 | 80585 | 11050 | 166135 | 4058 | 105987 |
| 75 | 253 | 393 | 53152 | 3603 | 77 | 1022 |
| 54 | 60 | 74 | 34 | 506 | 33 | 42 |
| 1657 | 1144 | 1477 | 14210 | 4937 | 170 | 1038 |
| 306611 | 603754 | 671000 | 801158 | 1418005 | 60337 | 390218 |
|  |  | 379 | 407 |  | 793 | 1171 |
| 23565 | 27104 | 35503 | 26951 | 51455 | 25061 | 37033 |
| 4102 | 9166 | 18694 | 7540 | 44640 | 7989 | 29164 |
| 12109 | 8852 | 27859 | 15897 | 28577 | 310093 | 151309 |
| 5851 | 19 | 704 | 1756 | 2807 | 26383 | 11990 |
| 19177 | 20215 | 17785 | 18835 | 19244 | 25225 | 26227 |
| 33573 | 32852 | 35875 | 31215 | 41840 | 30775 | 40608 |
| 28003 | 45315 | 38529 | 28907 | 58876 | 22376 | 74872 |
| 10361 | 12812 | 30195 | 33825 | 352024 | 35927 | 76522 |
| 2883802 | 5077888 | 7908533 | 4152841 | 8101776 | 7503133 | 15688692 |
|  |  | (913506) | (1237788) |  | (6334038) | (7698616) |
|  |  |  |  | (9093) |  |  |
| 2883802 | 5077888 | 6995027 | 2915053 | 8092683 | 1169095 | 7990076 |
| 570519 | 14606031 | 11474492 | 6383133 | 36916096 | 16610240 | 93131839 |
| 137950643 | 21370970 | 22012434 | 52390782 | 322854809 | (55549983) | 219822283 |
|  |  | (2172971) |  | (6453412) |  |  |
| (29486) | 275 | (89014) | 556 | 301 | (832055) | (2640201) |
| 137921157 | 21371245 | 19750449 | 52391338 | 316401698 | (56382038) | 217182082 |
| (157989174) | (152469582) | (308761955) | (141754576) | (500799470) | (3553088) | 95617052 |
|  |  |  |  | (353780) |  |  |
|  |  | (513858) |  | 1491682 |  |  |
| 837 |  |  |  |  | (156552) | 2427586 |
| (157988337) | (152469582) | (309275813) | (141754576) | (499661568) | (3709640) | 98044638 |
| (20067180) | (131098337) | (289525364) | (89363238) | (183259870) | (60091678) | 315226720 |
| $(19496661) | $(116492306) | $(278050872) | $(82980105) | $(146343774) | $(43481438) | $408358559 |
| $– | $– | $– | $– | $– | $572482 | $– |
| $– | $– | $– | $– | $– | $1855930 | $(2440133) |

---

See Notes to Financial Statements 73

------

## Statement of Operations (continued)

---

| | | | |
|:---|:---|:---|:---|
| Six Months Ended April 30, 2025 (Unaudited) | International<br>Opportunities | Quant International<br>Small Cap Equity | International <br>Responsible Equity |
|  INVESTMENT INCOME |  |  |  |
|  Affiliated income | $116147 | $– | $– |
|  Dividends | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23947276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25505488 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25300732 |
|  Interest | 1203980 | 27023 | 418638 |
|  Securities lending income, net | 99836 | 633730 | 89180 |
|  Tax withheld | (2514822) | (2624257) | (2354340) |
|  Total investment income | 22852417 | 23541984 | 23454210 |
|  EXPENSES |  |  |  |
|  Management fees | 6796683 | 3886478 | 2393256 |
|  12b-1 distribution and service fees — Class A | 40097 | 1096 | 42705 |
|  12b-1 distribution and service fees — Premier Class | 1929 | 60 | 512 |
|  Shareholder servicing agent fees — Class A | 31194 | 509 | 42005 |
|  Shareholder servicing agent fees — Class I | 6819 | 43 | 22 |
|  Shareholder servicing agent fees — Premier Class | 43 | 25 | 29 |
|  Shareholder servicing agent fees — Class R6 | 148 | 115 | 2058 |
|  Shareholder servicing agent fees — Retirement Class | 89901 | 8572 | 903508 |
|  Shareholder servicing agent fees — Class W | 966 | 705 |  |
|  Administrative service fees | 25491 | 24115 | 25991 |
|  Trustees fees | 11111 | 5807 | 7628 |
|  Custodian expenses | 118594 | 225635 | 52607 |
|  Overdraft expense | 5458 | 31185 |  |
|  Professional fees | 22676 | 23446 | 23082 |
|  Registration fees | 65000 | 30900 | 31361 |
|  Shareholder reporting expenses | 26154 | 20835 | 32939 |
|  Other | 18413 | 60530 | 119862 |
|  Total expenses | 7260677 | 4320056 | 3677565 |
|  Expenses reimbursed by the investment adviser | (6251155) | (3980482) | (289075) |
|  Net expenses | 1009522 | 339574 | 3388490 |
|  Net investment income (loss) | 21842895 | 23202410 | 20065720 |
|  REALIZED AND UNREALIZED GAIN (LOSS) |  |  |  |
|  Realized gain (loss): |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments<sup>\*</sup> | 48169608 | 20068765 | 8375577 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures contracts |  |  | 488362 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign currency transactions | (132995) | (299866) | (129062) |
|  Net realized gain (loss) | 48036613 | 19768899 | 8734877 |
|  Change in unrealized appreciation (depreciation) on: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments<sup>‡</sup> | (36663652) | 45021940 | 98595745 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures contracts |  |  | 1276310 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign currency translations | 433824 | 421945 | 590409 |
|  Net change in unrealized appreciation (depreciation) | (36229828) | 45443885 | 100462464 |
|  Net realized and unrealized gain (loss) | 11806785 | 65212784 | 109197341 |
|  Net increase (decrease) in net assets from operations | $33649680 | $88415194 | $129263061 |
|  \* Net of foreign capital gains tax | $– | $103105 | $– |
|  <sup>‡</sup> Net of change in unrealized foreign capital gains taxes | $40099 | $1867488 | $– |

---

74 *See Notes to Financial Statements*

------

[This page intentionally left blank.]

*75*

------

## Statement of Changes in Net Assets

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Core Equity | Core Equity | Large Cap Growth | Large Cap Growth |
| | Unaudited<br> Six Months Ended<br> 4/30/25 | Year Ended<br> 10/31/24 | Unaudited<br> Six Months Ended<br> 4/30/25 | Year Ended <br> 10/31/24  |
|  OPERATIONS |  |  |  |  |
|  Net investment income (loss) | $31454399 | $64370130 | $8161811 | $19982663 |
|  Net realized gain (loss) | 487736490 | 600742493 | 406810410 | 444807029 |
|  Net change in unrealized appreciation (depreciation) | (910114041) | 1432668793 | (575200088) | 1539348967 |
|  Net increase (decrease) in net assets from operations | (390923152) | 2097781416 | (160227867) | 2004138659 |
|  DISTRIBUTIONS TO SHAREHOLDERS |  |  |  |  |
|  Dividends: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (109604429) | (193383039) | (90841966) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (788168) | (828891) | (403114) | (6245) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | (867208) | (1294600) | (228085) | (1605) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (185957090) | (308267697) | (113562836) | (3464317) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (61333240) | (88664618) | (26256946) | (60378) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | (229564891) | (444236620) | (169051703) | (15194214) |
|  Total distributions | (588115026) | (1036675465) | (400344650) | (18726759) |
|  FUND SHARE TRANSACTIONS |  |  |  |  |
|  Subscriptions | 775502109 | 359394814 | 324806545 | 493730355 |
|  Reinvestments of distributions | 564676671 | 986852215 | 395691993 | 18633165 |
|  Redemptions | (422628365) | (1101286826) | (657121733) | (1403617968) |
|  Net increase (decrease) from Fund share transactions | 917550415 | 244960203 | 63376805 | (891254448) |
|  Net increase (decrease) in net assets | (61487763) | 1306066154 | (497195712) | 1094157452 |
|  Net assets at the beginning of period | 6484290810 | 5178224656 | 6213306652 | 5119149200 |
|  Net assets at the end of period | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6422803047 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6484290810 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5716110940 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6213306652 |

---

76 See Notes to Financial Statements

------

## &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| Large Cap Value | Large Cap Value | Quant Mid Cap Growth | Quant Mid Cap Growth | Mid Cap Value | Mid Cap Value | Quant Small Cap Equity | Quant Small Cap Equity |
| Unaudited<br> Six Months Ended<br> 4/30/25 | Year Ended<br>10/31/24 | Unaudited<br> Six Months Ended<br>4/30/25 | Year Ended<br> 10/31/24 | Unaudited<br> Six Months Ended<br> 4/30/25 | Year Ended<br> 10/31/24 | Unaudited<br> Six Months Ended<br> 4/30/25 | Year Ended <br> 10/31/24  |
| $52796448 | $102971915 | $570519 | $506440 | $14606031 | $25715753 | $11474492 | $27575310 |
| 76651175 | 167787372 | 137921157 | 10303456 | 21371245 | 174299443 | 19750449 | 361817920 |
| (249391013) | 1224575872 | (157988337) | 196732157 | (152469582) | 296437603 | (309275813) | 536741743 |
| (119943390) | 1495335159 | (19496661) | 207542053 | (116492306) | 496452799 | (278050872) | 926134973 |
| (6331415) | (12355241) |  |  | (13551095) | (2755294) | (17751331) | (2671939) |
| (20499) | (51877) |  | (201) | (388492) | (6682) | (264965) | (18516) |
| (1898891) | (3235367) |  |  | (1931787) | (496870) | (5081151) | (759812) |
| (125309558) | (170542963) |  | (1033192) | (75195069) | (17175894) | (250566587) | (36802600) |
| (40165816) | (43412797) |  |  | (30687682) | (5890324) | (61785181) | (7831860) |
| (94026972) | (182818866) |  |  |  |  | (53347247) | (13251363) |
| (267753151) | (412417111) |  | (1033393) | (121754125) | (26325064) | (388796462) | (61336090) |
| 311281283 | 1606170380 | 13265003 | 28470764 | 80044959 | 83893219 | 184331385 | 451471038 |
| 267185653 | 410535105 |  | 1033201 | 121245529 | 26210250 | 388056584 | 61220061 |
| (878166480) | (720692454) | (129892868) | (195165995) | (183784254) | (246429831) | (273007569) | (355714803) |
| (299699544) | 1296013031 | (116627865) | (165662030) | 17506234 | (136326362) | 299380400 | 156976296 |
| (687396085) | 2378931079 | (136124526) | 40846630 | (220740197) | 333801373 | (367466934) | 1021775179 |
| 6891567302 | 4512636223 | 941298714 | 900452084 | 1848140346 | 1514338973 | 3435114419 | 2413339240 |
| $6204171217 | $6891567302 | $805174188 | $941298714 | $1627400149 | $1848140346 | $3067647485 | $3435114419 |

---

See Notes to Financial Statements 77

------

## Statement of Changes in Net Assets (continued)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Quant Small/Mid Cap Equity | Quant Small/Mid Cap Equity | Large Cap Responsible Equity | Large Cap Responsible Equity |
| | Unaudited<br> Six Months Ended<br> 4/30/25 | Year Ended<br> 10/31/24 | Unaudited<br> Six Months Ended<br> 4/30/25 | Year Ended <br> 10/31/24  |
|  OPERATIONS |  |  |  |  |
|  Net investment income (loss) | $6383133 | $12912619 | $36916096 | $77164182 |
|  Net realized gain (loss) | 52391338 | 170468534 | 316401698 | 729152171 |
|  Net change in unrealized appreciation (depreciation) | (141754576) | 205667292 | (499661568) | 1018253660 |
|  Net increase (decrease) in net assets from operations | (82980105) | 389048445 | (146343774) | 1824570013 |
|  DISTRIBUTIONS TO SHAREHOLDERS |  |  |  |  |
|  Dividends: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (2826834) | (498255) | (115489269) | (37955578) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (14950595) | (952120) | (4422239) | (2616609) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | (18609) | (3265) | (5139062) | (2231223) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (13340549) | (2252864) | (667326601) | (247051985) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (69674593) | (8753062) | (108705819) | (40974140) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | (67581649) | (18751724) |  |  |
|  Total distributions | (168392829) | (31211290) | (901082990) | (330829535) |
|  FUND SHARE TRANSACTIONS |  |  |  |  |
|  Subscriptions | 250275497 | 250000407 | 228075215 | 334817993 |
|  Fund reorganizations (see note 1) |  |  | 1129088912 |  |
|  Reinvestments of distributions | 164053948 | 30389759 | 856925121 | 312665542 |
|  Redemptions | (144845298) | (266799812) | (1193795133) | (1338201230) |
|  Net increase (decrease) from Fund share transactions | 269484147 | 13590354 | 1020294115 | (690717695) |
|  Net increase (decrease) in net assets | 18111213 | 371427509 | (27132649) | 803022783 |
|  Net assets at the beginning of period | 1376965092 | 1005537583 | 6234189319 | 5431166536 |
|  Net assets at the end of period | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1395076305 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1376965092 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6207056670 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6234189319 |

---

78 See Notes to Financial Statements

------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| Emerging Markets Equity | Emerging Markets Equity | International Equity | International Equity | International Opportunities | International Opportunities | Quant International Small Cap Equity | Quant International Small Cap Equity |
| Unaudited<br> Six Months Ended<br> 4/30/25 | Year Ended<br> 10/31/24 | Unaudited<br> Six Months Ended<br> 4/30/25 | Year Ended<br> 10/31/24 | Unaudited<br> Six Months Ended<br> 4/30/25 | Year Ended<br> 10/31/24 | Unaudited<br> Six Months Ended<br> 4/30/25 | Year Ended <br> 10/31/24  |
| $16610240 | $38771323 | $93131839 | $177551548 | $21842895 | $41283966 | $23202410 | $35805322 |
| (56382038) | 35415264 | 217182082 | 37753621 | 48036613 | 39198022 | 19768899 | 107950643 |
| (3709640) | 241247004 | 98044638 | 1010188055 | (36229828) | 368195283 | 45443885 | 129828643 |
| (43481438) | 315433591 | 408358559 | 1225493224 | 33649680 | 448677271 | 88415194 | 273584608 |
| (126543) | (208705) | (8868457) | (9445093) | (375143) | (347356) | (25004) | (24393) |
| (2731) | (3551) | (72063) | (55344) | (360025) | (390900) | (4520) | (2565) |
| (134430) | (153946) | (1111592) | (1278590) | (33582) | (29056) | (2375) | (2151) |
| (4654687) | (6946603) | (62056887) | (69281091) | (2071673) | (1741005) | (2377502) | (2093206) |
| (1119941) | (2025782) | (6571696) | (7334328) | (876499) | (886690) | (205844) | (213678) |
| (49614725) | (55912001) | (101169246) | (106658498) | (43567777) | (37680868) | (44941894) | (41164803) |
| (55653057) | (65250588) | (179849941) | (194052944) | (47284699) | (41075875) | (47557139) | (43500796) |
| 141297328 | 303552624 | 344486195 | 554086833 | 141099765 | 232005333 | 64487836 | 91334927 |
| 55647950 | 65243522 | 177476410 | 190322229 | 47166570 | 40957849 | 47551365 | 43495620 |
| (253448799) | (448109967) | (932033626) | (1327920252) | (289707715) | (473158709) | (189010747) | (204177766) |
| (56503521) | (79313821) | (410071021) | (583511190) | (101441380) | (200195527) | (76971546) | (69347219) |
| (155638016) | 170869182 | (181562403) | 447929090 | (115076399) | 207405869 | (36113491) | 160736593 |
| 1708330866 | 1537461684 | 6590077506 | 6142148416 | 2397045760 | 2189639891 | 1232063323 | 1071326730 |
| $1552692850 | $1708330866 | $6408515103 | $6590077506 | $2281969361 | $2397045760 | $1195949832 | $1232063323 |

---

See Notes to Financial Statements 79

------

---

| | | |
|:---|:---|:---|
|  | International Responsible Equity | International Responsible Equity |
| | Unaudited<br> Six Months Ended<br>4/30/25 | Year Ended <br> 10/31/24  |
|  OPERATIONS |  |  |
|  Net investment income (loss) | $20065720 | $41056597 |
|  Net realized gain (loss) | 8734877 | 27213530 |
|  Net change in unrealized appreciation (depreciation) | 100462464 | 235516993 |
|  Net increase (decrease) in net assets from operations | 129263061 | 303787120 |
|  DISTRIBUTIONS TO SHAREHOLDERS |  |  |
|  Dividends: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (972460) | (915113) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (415026) | (415430) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | (21552) | (19729) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (25335820) | (25645294) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (19924638) | (20918259) |
|  Total distributions | (46669496) | (47913825) |
|  FUND SHARE TRANSACTIONS |  |  |
|  Subscriptions | 144852724 | 178024759 |
|  Reinvestments of distributions | 41710906 | 42146966 |
|  Redemptions | (130148815) | (247017083) |
|  Net increase (decrease) from Fund share transactions | 56414815 | (26845358) |
|  Net increase (decrease) in net assets | 139008380 | 229027937 |
|  Net assets at the beginning of period | 1615256061 | 1386228124 |
|  Net assets at the end of period | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1754264441 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1615256061 |

---

80 See Notes to Financial Statements

------

[This page intentionally left blank.]

81.0 ------

## Financial Highlights
The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | Investment Operations | Investment Operations | Investment Operations | Less Distributions | Less Distributions | Less Distributions | |
| |<br>Net Asset<br>Value,<br>Beginning<br>of Period | Net<br>Investment<br>Income<br>(Loss)<sup>(a)</sup> | Net Realized/<br>Unrealized<br>Gain (Loss) | Total | From Net<br>Investment<br>Income | From Net<br>Realized<br>Gains | Total |<br>Net Asset<br>Value,<br> End of<br> Period |
|  Core Equity |  |  |  |  |  |  |  |  |
|  Class A: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27.60 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.09 | $(1.52) | $(1.43) | $(0.05) | $(1.59) | $(1.64) | $24.53 |
|  10/31/24 | 22.30 | 0.18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.22 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.12) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.98) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3.10) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27.60 |
|  10/31/23 | 20.52 | 0.18 | 2.71 | 2.89 | (0.14) | (0.97) | (1.11) | 22.30 |
|  10/31/22 | 28.59 | 0.20 | (4.90) | (4.70) | (0.12) | (3.25) | (3.37) | 20.52 |
|  10/31/21 | 21.14 | 0.12 | 8.46 | 8.58 | (0.09) | (1.04) | (1.13) | 28.59 |
|  10/31/20 | 20.02 | 0.17 | 1.86 | 2.03 | (0.15) | (0.76) | (0.91) | 21.14 |
|  Class I: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 16.26 | 0.07 | (0.81) | (0.74) | (0.09) | (1.59) | (1.68) | 13.84 |
|  10/31/24 | 14.32 | 0.14 | 4.96 | 5.10 | (0.18) | (2.98) | (3.16) | 16.26 |
|  10/31/23 | 13.60 | 0.14 | 1.74 | 1.88 | (0.19) | (0.97) | (1.16) | 14.32 |
|  10/31/22 | 20.09 | 0.15 | (3.23) | (3.08) | (0.16) | (3.25) | (3.41) | 13.60 |
|  10/31/21 | 15.17 | 0.12 | 5.99 | 6.11 | (0.15) | (1.04) | (1.19) | 20.09 |
|  10/31/20 | 14.64 | 0.15 | 1.33 | 1.48 | (0.19) | (0.76) | (0.95) | 15.17 |
|  Premier Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 16.30 | 0.06 | (0.82) | (0.76) | (0.08) | (1.59) | (1.67) | 13.87 |
|  10/31/24 | 14.35 | 0.12 | 4.98 | 5.10 | (0.17) | (2.98) | (3.15) | 16.30 |
|  10/31/23 | 13.62 | 0.14 | 1.74 | 1.88 | (0.18) | (0.97) | (1.15) | 14.35 |
|  10/31/22 | 20.11 | 0.14 | (3.23) | (3.09) | (0.15) | (3.25) | (3.40) | 13.62 |
|  10/31/21 | 15.19 | 0.11 | 5.99 | 6.10 | (0.14) | (1.04) | (1.18) | 20.11 |
|  10/31/20 | 14.65 | 0.15 | 1.33 | 1.48 | (0.18) | (0.76) | (0.94) | 15.19 |
|  Class R6: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 16.24 | 0.07 | (0.81) | (0.74) | (0.09) | (1.59) | (1.68) | 13.82 |
|  10/31/24 | 14.31 | 0.15 | 4.95 | 5.10 | (0.19) | (2.98) | (3.17) | 16.24 |
|  10/31/23 | 13.58 | 0.15 | 1.75 | 1.90 | (0.20) | (0.97) | (1.17) | 14.31 |
|  10/31/22 | 20.07 | 0.17 | (3.24) | (3.07) | (0.17) | (3.25) | (3.42) | 13.58 |
|  10/31/21 | 15.16 | 0.14 | 5.97 | 6.11 | (0.16) | (1.04) | (1.20) | 20.07 |
|  10/31/20 | 14.63 | 0.17 | 1.33 | 1.50 | (0.21) | (0.76) | (0.97) | 15.16 |
|  Retirement Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 16.83 | 0.05 | (0.84) | (0.79) | (0.07) | (1.59) | (1.66) | 14.38 |
|  10/31/24 | 14.73 | 0.11 | 5.12 | 5.23 | (0.15) | (2.98) | (3.13) | 16.83 |
|  10/31/23 | 13.95 | 0.12 | 1.80 | 1.92 | (0.17) | (0.97) | (1.14) | 14.73 |
|  10/31/22 | 20.51 | 0.13 | (3.31) | (3.18) | (0.13) | (3.25) | (3.38) | 13.95 |
|  10/31/21 | 15.47 | 0.09 | 6.11 | 6.20 | (0.12) | (1.04) | (1.16) | 20.51 |
|  10/31/20 | 14.91 | 0.13 | 1.36 | 1.49 | (0.17) | (0.76) | (0.93) | 15.47 |
|  Class W: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 16.23 | 0.10 | (0.81) | (0.71) | (0.12) | (1.59) | (1.71) | 13.81 |
|  10/31/24 | 14.30 | 0.21 | 4.95 | 5.16 | (0.25) | (2.98) | (3.23) | 16.23 |
|  10/31/23 | 13.58 | 0.21 | 1.74 | 1.95 | (0.26) | (0.97) | (1.23) | 14.30 |
|  10/31/22 | 20.07 | 0.23 | (3.23) | (3.00) | (0.24) | (3.25) | (3.49) | 13.58 |
|  10/31/21 | 15.16 | 0.21 | 5.98 | 6.19 | (0.24) | (1.04) | (1.28) | 20.07 |
|  10/31/20 | 14.64 | 0.22 | 1.32 | 1.54 | (0.26) | (0.76) | (1.02) | 15.16 |

---

<sup>(a)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on average shares outstanding.

<sup>(b)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total returns are at NAV and do not include any sales charge. Total returns are not annualized. 

<sup>(c)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Includes voluntary compensation from the Adviser as further described in the Notes to Financial Statements, when applicable.

<sup>(d)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unaudited

<sup>(e)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annualized.

 <sup>(f)</sup> During the year ended 10/31/23, 0.01%, 0.01%, 0.01%, 0.01%, 0.01% and 0.01% of the Fund's total return for Class A, Class I, Premier Class, Class R6, Retirement Class and Class W, respectively, consisted of a voluntary payment from the Adviser.

<sup>(g)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Does not include in-kind transactions.

82 See Notes to Financial Statements

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; | $|  | $|  | $|  | $|  |
|  | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data |
|  | | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | | |
| Total<br> Return<sup>(b)</sup> | Net Assets,<br>End of<br>Period (000) | Gross<br>Expenses | Gross<br>Expenses | Net<br>Expenses | Net<br>Expenses | Net Investment<br>Income (Loss)<sup>(c)</sup> | Net Investment<br>Income (Loss)<sup>(c)</sup> | Portfolio<br>Turnover<br>Rate | Portfolio<br>Turnover<br>Rate |
|  (5.87)% | $1686396 |  | 0.69%<sup>(e)</sup> |  | 0.69%<sup>(e)</sup> |  | 0.65%<sup>(e)</sup> |  | 57% |
| 41.75  | 1857079 |  | 0.68 |  | 0.68 |  | 0.71 |  | 25 |
| 14.85 <sup>(f)</sup>  | 1396039 |  | 0.70 |  | 0.67 |  | 0.84 |  | 108 |
| (18.73)  | 1292439 |  | 0.69 |  | 0.62 |  | 0.87 |  | 74 |
| 41.97  | 1664005 |  | 0.69 |  | 0.69 |  | 0.48 |  | 61<sup>(g)</sup> |
| 10.50  | 1212620 |  | 0.69 |  | 0.69 |  | 0.85 |  | 64 |
| (5.74)  | 7907 |  | 0.40 <sup>(e)</sup> |  | 0.40 <sup>(e)</sup> |  | 0.93 <sup>(e)</sup> |  | 57 |
| 42.02  | 3953 |  | 0.50 |  | 0.50 |  | 0.91 |  | 25 |
| 14.97 <sup>(f)</sup>  | 3719 |  | 0.50 |  | 0.50 |  | 1.01 |  | 108 |
| (18.59)  | 3048 |  | 0.50 |  | 0.50 |  | 1.01 |  | 74 |
| 42.23  | 3428 |  | 0.50 |  | 0.50 |  | 0.66 |  | 61<sup>(g)</sup> |
| 10.70  | 2701 |  | 0.49 |  | 0.49 |  | 1.04 |  | 64 |
| (5.85)  | 10466 |  | 0.55 <sup>(e)</sup> |  | 0.55 <sup>(e)</sup> |  | 0.76 <sup>(e)</sup> |  | 57 |
| 41.96  | 8291 |  | 0.56 |  | 0.55 |  | 0.83 |  | 25 |
| 14.96 <sup>(f)</sup>  | 5566 |  | 0.56 |  | 0.55 |  | 0.98 |  | 108 |
| (18.62)  | 8396 |  | 0.55 |  | 0.55 |  | 0.87 |  | 74 |
| 42.08  | 20731 |  | 0.55 |  | 0.55 |  | 0.63 |  | 61<sup>(g)</sup> |
| 10.67  | 25805 |  | 0.55 |  | 0.55 |  | 1.03 |  | 64 |
| (5.74)  | 1814673 |  | 0.40 <sup>(e)</sup> |  | 0.40 <sup>(e)</sup> |  | 0.93 <sup>(e)</sup> |  | 57 |
| 42.12  | 1789766 |  | 0.40 |  | 0.40 |  | 0.99 |  | 25 |
| 15.18 <sup>(f)</sup>  | 1357423 |  | 0.41 |  | 0.40 |  | 1.11 |  | 108 |
| (18.53)  | 1358311 |  | 0.41 |  | 0.40 |  | 1.08 |  | 74 |
| 42.33  | 1988937 |  | 0.40 |  | 0.40 |  | 0.77 |  | 61<sup>(g)</sup> |
| 10.81  | 1126795 |  | 0.40 |  | 0.40 |  | 1.15 |  | 64 |
| (5.83)  | 817107 |  | 0.65 <sup>(e)</sup> |  | 0.65 <sup>(e)</sup> |  | 0.65 <sup>(e)</sup> |  | 57 |
| 41.72  | 592398 |  | 0.65 |  | 0.65 |  | 0.73 |  | 25 |
| 14.85 <sup>(f)</sup>  | 414554 |  | 0.66 |  | 0.65 |  | 0.86 |  | 108 |
| (18.68)  | 406033 |  | 0.66 |  | 0.65 |  | 0.83 |  | 74 |
| 41.96  | 577096 |  | 0.65 |  | 0.65 |  | 0.51 |  | 61<sup>(g)</sup> |
| 10.50  | 452343 |  | 0.65 |  | 0.65 |  | 0.89 |  | 64 |
| (5.55)  | 2086255 |  | 0.40 <sup>(e)</sup> |  | 0.00 <sup>(e)</sup> |  | 1.34 <sup>(e)</sup> |  | 57 |
| 42.74  | 2232804 |  | 0.40 |  | 0.00 |  | 1.40 |  | 25 |
| 15.58 <sup>(f)</sup> | 2000924 |  | 0.41 |  | 0.00 |  | 1.51 |  | 108 |
| (18.17)  | 2049653 |  | 0.41 |  | 0.00 |  | 1.49 |  | 74 |
| 42.93  | 2739781 |  | 0.40 |  | 0.00 |  | 1.17 |  | 61<sup>(g)</sup> |
| 11.21  | 2914760 |  | 0.40 |  | 0.00 |  | 1.53 |  | 64 |

---

See Notes to Financial Statements 83

------

## Financial Highlights (continued)
The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | Investment Operations | Investment Operations | Investment Operations | Less Distributions | Less Distributions | Less Distributions | |
| |<br>Net Asset<br>Value,<br>Beginning<br>of Period | Net<br>Investment<br>Income<br>(Loss)<sup>(a)</sup> | Net<br>Realized/<br>Unrealized<br>Gain (Loss) | Total | From Net<br>Investment<br>Income | From Net<br>Realized<br>Gains | Total |<br>Net Asset<br>Value,<br>End of<br>Period |
|  Large Cap Growth |  |  |  |  |  |  |  |  |
|  Class A: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28.18 | $(0.01) | $(0.72) | $(0.73) | $(0.00) <sup>(e)</sup> | $(1.76) | $(1.76) | $25.69 |
|  10/31/24 | 20.11 | (0.01) | 8.08 | 8.07 |  |  |  | 28.18 |
|  10/31/23 | 16.43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.02 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.69 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.71 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.03) |  | (0.03) | 20.11 |
|  10/31/22 | 26.77 | 0.02 | (7.87) | (7.85) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.49) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.49) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16.43 |
|  10/31/21 | 27.03 | (0.05) | 8.14 | 8.09 | (0.04) | (8.31) | (8.35) | 26.77 |
|  10/31/20 | 21.34 | 0.01 | 6.57 | 6.58 | (0.02) | (0.87) | (0.89) | 27.03 |
|  Class I: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 28.36 | 0.03 | (0.73) | (0.70) | (0.05) | (1.76) | (1.81) | 25.85 |
|  10/31/24 | 20.23 | 0.03 | 8.14 | 8.17 | (0.04) |  | (0.04) | 28.36 |
|  10/31/23 | 16.52 | 0.06 | 3.70 | 3.76 | (0.05) |  | (0.05) | 20.23 |
|  10/31/22 | 26.88 | 0.05 | (7.91) | (7.86) | (0.01) | (2.49) | (2.50) | 16.52 |
|  10/31/21 | 27.12 | 0.00 <sup>(e)</sup> | 8.17 | 8.17 | (0.10) | (8.31) | (8.41) | 26.88 |
|  10/31/20 | 21.41 | 0.06 | 6.59 | 6.65 | (0.07) | (0.87) | (0.94) | 27.12 |
|  Premier Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 28.36 | 0.01 | (0.73) | (0.72) |  | (1.76) | (1.76) | 25.88 |
|  10/31/24 | 20.22 | 0.03 | 8.11 | 8.14 | (0.00) <sup>(e)</sup> |  | (0.00) <sup>(e)</sup> | 28.36 |
|  10/31/23 | 16.52 | 0.05 | 3.69 | 3.74 | (0.04) |  | (0.04) | 20.22 |
|  10/31/22 | 26.88 | 0.03 | (7.90) | (7.87) |  | (2.49) | (2.49) | 16.52 |
|  10/31/21 | 27.10 | (0.01) | 8.16 | 8.15 | (0.06) | (8.31) | (8.37) | 26.88 |
|  10/31/20 | 21.40 | 0.05 | 6.58 | 6.63 | (0.06) | (0.87) | (0.93) | 27.10 |
|  Class R6: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 28.39 | 0.03 | (0.71) | (0.68) | (0.08) | (1.76) | (1.84) | 25.87 |
|  10/31/24 | 20.25 | 0.06 | 8.13 | 8.19 | (0.05) |  | (0.05) | 28.39 |
|  10/31/23 | 16.54 | 0.07 | 3.71 | 3.78 | (0.07) |  | (0.07) | 20.25 |
|  10/31/22 | 26.91 | 0.06 | (7.91) | (7.85) | (0.03) | (2.49) | (2.52) | 16.54 |
|  10/31/21 | 27.14 | 0.02 | 8.17 | 8.19 | (0.11) | (8.31) | (8.42) | 26.91 |
|  10/31/20 | 21.43 | 0.08 | 6.59 | 6.67 | (0.09) | (0.87) | (0.96) | 27.14 |
|  Retirement Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 28.03 | (0.01) | (0.71) | (0.72) | (0.01) | (1.76) | (1.77) | 25.54 |
|  10/31/24 | 20.00 | (0.00)<sup>(e)</sup> | 8.03 | 8.03 | (0.00) <sup>(e)</sup> |  | (0.00) <sup>(e)</sup> | 28.03 |
|  10/31/23 | 16.33 | 0.02 | 3.67 | 3.69 | (0.02) |  | (0.02) | 20.00 |
|  10/31/22 | 26.63 | 0.01 | (7.82) | (7.81) |  | (2.49) | (2.49) | 16.33 |
|  10/31/21 | 26.93 | (0.04) | 8.10 | 8.06 | (0.05) | (8.31) | (8.36) | 26.63 |
|  10/31/20 | 21.27 | 0.02 | 6.54 | 6.56 | (0.03) | (0.87) | (0.90) | 26.93 |
|  Class W: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 28.47 | 0.08 | (0.71) | (0.63) | (0.20) | (1.76) | (1.96) | 25.88 |
|  10/31/24 | 20.30 | 0.17 | 8.14 | 8.31 | (0.14) |  | (0.14) | 28.47 |
|  10/31/23 | 16.59 | 0.15 | 3.71 | 3.86 | (0.15) |  | (0.15) | 20.30 |
|  10/31/22 | 27.00 | 0.14 | (7.92) | (7.78) | (0.14) | (2.49) | (2.63) | 16.59 |
|  10/31/21 | 27.24 | 0.12 | 8.19 | 8.31 | (0.24) | (8.31) | (8.55) | 27.00 |
|  10/31/20 | 21.50 | 0.18 | 6.61 | 6.79 | (0.18) | (0.87) | (1.05) | 27.24 |

---

<sup>(a)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on average shares outstanding.

<sup>(b)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total returns are at NAV and do not include any sales charge. Total returns are not annualized. 

<sup>(c)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Includes voluntary compensation from the Adviser as further described in the Notes to Financial Statements, when applicable.

<sup>(d)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unaudited

<sup>(e)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Value rounded to zero.

<sup>(f)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annualized.

 <sup>(g)</sup> During the year ended 10/31/23, 0.05%, 0.05%, 0.06%, 0.05%, 0.05% and 0.05% of the Fund's total return for Class A, Class I, Premier Class, Class R6, Retirement Class and Class W, respectively, consisted of a voluntary payment from the Adviser.

84 See Notes to Financial Statements

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; | $|  | $|  | $|  | $|  |
|  | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data |
|  | | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | | |
| Total<br> Return<sup>(b)</sup> | Net Assets,<br> End of<br> Period (000) | Gross<br> Expenses | Gross<br> Expenses | Net<br> Expenses | Net<br> Expenses | Net<br> Investment<br> Income (Loss)<sup>(c)</sup> | Net<br> Investment<br> Income (Loss)<sup>(c)</sup> | Portfolio<br>Turnover<br> Rate | Portfolio<br>Turnover<br> Rate |
|  (3.33)% | $1353511 |  | 0.70%<sup>(f)</sup> |  | 0.70%<sup>(f)</sup> |  | (0.11)%<sup>(f)</sup> |  | 23% |
| 40.13  | 1459047 |  | 0.69 |  | 0.69 |  | (0.06) |  | 28 |
| 22.60 <sup>(g)</sup> | 1090321 |  | 0.71 |  | 0.68 |  | 0.10 |  | 44 |
| (32.23)  | 936049 |  | 0.71 |  | 0.62 |  | 0.08 |  | 64 |
| 36.96  | 1476126 |  | 0.69 |  | 0.69 |  | (0.20) |  | 47 |
| 32.05  | 1127972 |  | 0.70 |  | 0.70 |  | 0.04 |  | 143 |
| (3.21)  | 6461 |  | 0.41 <sup>(f)</sup> |  | 0.41 <sup>(f)</sup> |  | 0.19 <sup>(f)</sup> |  | 23 |
| 40.40  | 5753 |  | 0.50 |  | 0.50 |  | 0.13 |  | 28 |
| 22.85 <sup>(g)</sup> | 3623 |  | 0.50 |  | 0.49 |  | 0.30 |  | 44 |
| (32.13)  | 3715 |  | 0.48 |  | 0.47 |  | 0.23 |  | 64 |
| 37.25  | 5462 |  | 0.48 |  | 0.48 |  | 0.02 |  | 47 |
| 32.33  | 4820 |  | 0.48 |  | 0.48 |  | 0.24 |  | 143 |
| (3.28)  | 4172 |  | 0.56 <sup>(f)</sup> |  | 0.56 <sup>(f)</sup> |  | 0.05 <sup>(f)</sup> |  | 23 |
| 40.29  | 3801 |  | 0.56 |  | 0.56 |  | 0.12 |  | 28 |
| 22.69 <sup>(g)</sup> | 7443 |  | 0.57 |  | 0.55 |  | 0.27 |  | 44 |
| (32.17)  | 11303 |  | 0.56 |  | 0.55 |  | 0.15 |  | 64 |
| 37.18  | 15987 |  | 0.55 |  | 0.55 |  | (0.06) |  | 47 |
| 32.22  | 14407 |  | 0.56 |  | 0.55 |  | 0.22 |  | 143 |
| (3.17)  | 1623587 |  | 0.41 <sup>(f)</sup> |  | 0.41 <sup>(f)</sup> |  | 0.19 <sup>(f)</sup> |  | 23 |
| 40.52  | 1767613 |  | 0.41 |  | 0.41 |  | 0.23 |  | 28 |
| 22.93 <sup>(g)</sup> | 1370479 |  | 0.41 |  | 0.40 |  | 0.38 |  | 44 |
| (32.08)  | 1294222 |  | 0.41 |  | 0.40 |  | 0.30 |  | 64 |
| 37.36  | 2055310 |  | 0.40 |  | 0.40 |  | 0.09 |  | 47 |
| 32.43  | 1606751 |  | 0.41 |  | 0.40 |  | 0.34 |  | 143 |
| (3.33)  | 365769 |  | 0.66 <sup>(f)</sup> |  | 0.66 <sup>(f)</sup> |  | (0.06) <sup>(f)</sup> |  | 23 |
| 40.17  | 421846 |  | 0.66 |  | 0.66 |  | (0.02) |  | 28 |
| 22.61 <sup>(g)</sup> | 330921 |  | 0.66 |  | 0.65 |  | 0.13 |  | 44 |
| (32.22)  | 272488 |  | 0.66 |  | 0.65 |  | 0.04 |  | 64 |
| 36.99  | 477945 |  | 0.65 |  | 0.65 |  | (0.16) |  | 47 |
| 32.08  | 395851 |  | 0.66 |  | 0.65 |  | 0.08 |  | 143 |
| (3.01)  | 2362610 |  | 0.41 <sup>(f)</sup> |  | 0.00 <sup>(f)</sup> |  | 0.59 <sup>(f)</sup> |  | 23 |
| 41.10  | 2555246 |  | 0.41 |  | 0.00 |  | 0.64 |  | 28 |
| 23.44 <sup>(g)</sup> | 2316362 |  | 0.41 |  | 0.00 |  | 0.78 |  | 44 |
| (31.80)  | 2179231 |  | 0.41 |  | 0.00 |  | 0.70 |  | 64 |
| 37.86  | 3158816 |  | 0.40 |  | 0.00 |  | 0.49 |  | 47 |
| 32.94  | 2942406 |  | 0.41 |  | 0.00 |  | 0.75 |  | 143 |

---

See Notes to Financial Statements 85

------

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | Investment Operations | Investment Operations | Investment Operations | Less Distributions | Less Distributions | Less Distributions | |
| |<br>Net Asset<br>Value,<br>Beginning<br>of Period | Net<br>Investment<br>Income<br>(Loss)<sup>(a)</sup> | Net Realized/<br>Unrealized<br>Gain (Loss) | Total | From Net<br>Investment<br>Income | From Net<br>Realized<br>Gains | Total |<br>Net Asset<br>Value,<br>End of<br>Period |
|  Large Cap Value |  |  |  |  |  |  |  |  |
|  Class A: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | $21.75 | $0.13 | $(0.55) | $(0.42) | $(0.27) | $(0.55) | $(0.82) | $20.51 |
|  10/31/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18.12 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.01 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.31) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.34) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.65) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21.75 |
|  10/31/23 | 18.67 | 0.28 | 0.28 | 0.56 | (0.30) | (0.81) | (1.11) | 18.12 |
|  10/31/22 | 21.99 | 0.26 | (1.65) | (1.39) | (0.25) | (1.68) | (1.93) | 18.67 |
|  10/31/21 | 15.23 | 0.20 | 6.86 | 7.06 | (0.30) |  | (0.30) | 21.99 |
|  10/31/20 | 16.84 | 0.26 | (1.54) | (1.28) | (0.33) |  | (0.33) | 15.23 |
|  Class I: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 23.16 | 0.17 | (0.58) | (0.41) | (0.31) | (0.55) | (0.86) | 21.89 |
|  10/31/24 | 19.20 | 0.34 | 5.32 | 5.66 | (0.36) | (1.34) | (1.70) | 23.16 |
|  10/31/23 | 19.71 | 0.33 | 0.31 | 0.64 | (0.34) | (0.81) | (1.15) | 19.20 |
|  10/31/22 | 23.12 | 0.31 | (1.74) | (1.43) | (0.30) | (1.68) | (1.98) | 19.71 |
|  10/31/21 | 15.99 | 0.26 | 7.21 | 7.47 | (0.34) |  | (0.34) | 23.12 |
|  10/31/20 | 17.67 | 0.31 | (1.61) | (1.30) | (0.38) |  | (0.38) | 15.99 |
|  Premier Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 23.14 | 0.15 | (0.58) | (0.43) | (0.29) | (0.55) | (0.84) | 21.87 |
|  10/31/24 | 19.17 | 0.32 | 5.32 | 5.64 | (0.33) | (1.34) | (1.67) | 23.14 |
|  10/31/23 | 19.68 | 0.33 | 0.29 | 0.62 | (0.32) | (0.81) | (1.13) | 19.17 |
|  10/31/22 | 23.08 | 0.29 | (1.73) | (1.44) | (0.28) | (1.68) | (1.96) | 19.68 |
|  10/31/21 | 15.97 | 0.24 | 7.19 | 7.43 | (0.32) |  | (0.32) | 23.08 |
|  10/31/20 | 17.63 | 0.31 | (1.62) | (1.31) | (0.35) |  | (0.35) | 15.97 |
|  Class R6: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 23.20 | 0.17 | (0.58) | (0.41) | (0.33) | (0.55) | (0.88) | 21.91 |
|  10/31/24 | 19.23 | 0.35 | 5.33 | 5.68 | (0.37) | (1.34) | (1.71) | 23.20 |
|  10/31/23 | 19.73 | 0.35 | 0.31 | 0.66 | (0.35) | (0.81) | (1.16) | 19.23 |
|  10/31/22 | 23.14 | 0.32 | (1.73) | (1.41) | (0.32) | (1.68) | (2.00) | 19.73 |
|  10/31/21 | 16.01 | 0.28 | 7.20 | 7.48 | (0.35) |  | (0.35) | 23.14 |
|  10/31/20 | 17.68 | 0.33 | (1.62) | (1.29) | (0.38) |  | (0.38) | 16.01 |
|  Retirement Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 23.06 | 0.14 | (0.57) | (0.43) | (0.29) | (0.55) | (0.84) | 21.79 |
|  10/31/24 | 19.12 | 0.29 | 5.31 | 5.60 | (0.32) | (1.34) | (1.66) | 23.06 |
|  10/31/23 | 19.63 | 0.30 | 0.30 | 0.60 | (0.30) | (0.81) | (1.11) | 19.12 |
|  10/31/22 | 23.03 | 0.27 | (1.73) | (1.46) | (0.26) | (1.68) | (1.94) | 19.63 |
|  10/31/21 | 15.93 | 0.22 | 7.19 | 7.41 | (0.31) |  | (0.31) | 23.03 |
|  10/31/20 | 17.60 | 0.29 | (1.63) | (1.34) | (0.33) |  | (0.33) | 15.93 |
|  Class W: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 23.25 | 0.22 | (0.57) | (0.35) | (0.43) | (0.55) | (0.98) | 21.92 |
|  10/31/24 | 19.28 | 0.44 | 5.33 | 5.77 | (0.46) | (1.34) | (1.80) | 23.25 |
|  10/31/23 | 19.80 | 0.43 | 0.30 | 0.73 | (0.44) | (0.81) | (1.25) | 19.28 |
|  10/31/22 | 23.22 | 0.41 | (1.73) | (1.32) | (0.42) | (1.68) | (2.10) | 19.80 |
|  10/31/21 | 16.07 | 0.36 | 7.22 | 7.58 | (0.43) |  | (0.43) | 23.22 |
|  10/31/20 | 17.74 | 0.39 | (1.61) | (1.22) | (0.45) |  | (0.45) | 16.07 |

---

<sup>(a)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on average shares outstanding.

<sup>(b)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total returns are at NAV and do not include any sales charge. Total returns are not annualized. 

<sup>(c)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Includes voluntary compensation from the Adviser as further described in the Notes to Financial Statements, when applicable.

<sup>(d)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unaudited

<sup>(e)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annualized.

86 See Notes to Financial Statements

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; | $|  | $|  | $|  | $|  |
|  | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data |
|  | | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | | |
| Total<br> Return<sup>(b)</sup> | Net Assets,<br> End of<br> Period (000) | Gross<br> Expenses | Gross<br> Expenses | Net<br> Expenses | Net<br> Expenses | Net<br> Investment<br> Income (Loss)<sup>(c)</sup> | Net<br> Investment<br> Income (Loss)<sup>(c)</sup> | Portfolio<br>Turnover<br> Rate | Portfolio<br>Turnover<br> Rate |
|  (2.12)% | $157290 |  | 0.71%<sup>(e)</sup> |  | 0.71%<sup>(e)</sup> |  | 1.19%<sup>(e)</sup> |  | 7% |
| 31.12  | 168272 |  | 0.70 |  | 0.70 |  | 1.36 |  | 19 |
| 3.06  | 137199 |  | 0.72 |  | 0.71 |  | 1.48 |  | 23 |
| (6.99)  | 144801 |  | 0.72 |  | 0.67 |  | 1.33 |  | 21 |
| 46.88  | 155733 |  | 0.72 |  | 0.71 |  | 1.01 |  | 14 |
| (7.81)  | 108093 |  | 0.73 |  | 0.72 |  | 1.67 |  | 26 |
| (1.95)  | 591 |  | 0.43 <sup>(e)</sup> |  | 0.43 <sup>(e)</sup> |  | 1.47 <sup>(e)</sup> |  | 7 |
| 31.37  | 580 |  | 0.50 |  | 0.50 |  | 1.60 |  | 19 |
| 3.29  | 589 |  | 0.49 |  | 0.49 |  | 1.69 |  | 23 |
| (6.83)  | 498 |  | 0.49 |  | 0.49 |  | 1.51 |  | 21 |
| 47.30  | 520 |  | 0.48 |  | 0.48 |  | 1.23 |  | 14 |
| (7.60)  | 257 |  | 0.47 |  | 0.46 |  | 1.91 |  | 26 |
| (2.01)  | 45497 |  | 0.55 <sup>(e)</sup> |  | 0.55 <sup>(e)</sup> |  | 1.36 <sup>(e)</sup> |  | 7 |
| 31.30  | 52956 |  | 0.56 |  | 0.56 |  | 1.50 |  | 19 |
| 3.20  | 29542 |  | 0.56 |  | 0.56 |  | 1.65 |  | 23 |
| (6.88)  | 67185 |  | 0.56 |  | 0.56 |  | 1.42 |  | 21 |
| 47.06  | 77309 |  | 0.56 |  | 0.55 |  | 1.18 |  | 14 |
| (7.65)  | 69391 |  | 0.56 |  | 0.55 |  | 1.85 |  | 26 |
| (1.94)  | 2803791 |  | 0.40 <sup>(e)</sup> |  | 0.40 <sup>(e)</sup> |  | 1.51 <sup>(e)</sup> |  | 7 |
| 31.49  | 3282719 |  | 0.41 |  | 0.41 |  | 1.63 |  | 19 |
| 3.41  | 1834766 |  | 0.41 |  | 0.41 |  | 1.77 |  | 23 |
| (6.76)  | 1825968 |  | 0.41 |  | 0.41 |  | 1.59 |  | 21 |
| 47.32  | 1898837 |  | 0.41 |  | 0.40 |  | 1.32 |  | 14 |
| (7.51)  | 1467747 |  | 0.41 |  | 0.40 |  | 1.98 |  | 26 |
| (2.06)  | 1084216 |  | 0.65 <sup>(e)</sup> |  | 0.65 <sup>(e)</sup> |  | 1.25 <sup>(e)</sup> |  | 7 |
| 31.18  | 1057622 |  | 0.66 |  | 0.66 |  | 1.37 |  | 19 |
| 3.11  | 492408 |  | 0.66 |  | 0.66 |  | 1.53 |  | 23 |
| (7.00)  | 485219 |  | 0.66 |  | 0.66 |  | 1.33 |  | 21 |
| 47.01  | 521413 |  | 0.66 |  | 0.65 |  | 1.08 |  | 14 |
| (7.80)  | 423110 |  | 0.66 |  | 0.65 |  | 1.73 |  | 26 |
| (1.71)  | 2112787 |  | 0.40 <sup>(e)</sup> |  | 0.00 <sup>(e)</sup> |  | 1.90 <sup>(e)</sup> |  | 7 |
| 32.00  | 2329418 |  | 0.41 |  | 0.00 |  | 2.06 |  | 19 |
| 3.79  | 2018133 |  | 0.41 |  | 0.00 |  | 2.19 |  | 23 |
| (6.34)  | 2398375 |  | 0.41 |  | 0.00 |  | 1.99 |  | 21 |
| 47.95  | 2858782 |  | 0.41 |  | 0.00 |  | 1.73 |  | 14 |
| (7.19)  | 2698308 |  | 0.41 |  | 0.00 |  | 2.37 |  | 26 |

---

See Notes to Financial Statements 87

------

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | Investment Operations | Investment Operations | Investment Operations | Less Distributions | Less Distributions | Less Distributions | |
| |<br>Net Asset<br>Value,<br>Beginning<br>of Period | Net<br>Investment<br>Income<br>(Loss)<sup>(a)</sup> | Net Realized/<br>Unrealized<br>Gain (Loss) | Total | From Net<br>Investment<br>Income | From Net<br>Realized<br>Gains | Total |<br>Net Asset<br>Value,<br>End of<br>Period |
|  Quant Mid Cap Growth |  |  |  |  |  |  |  |  |
|  Class A: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19.30 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.01) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.45) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.46) | $— | $— | $— | $18.84 |
|  10/31/24 | 15.65 | (0.02) | 3.67 | 3.65 |  |  |  | 19.30 |
|  10/31/23 | 15.68 | (0.01) | 0.04 | 0.03 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.06) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.06) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15.65 |
|  10/31/22 | 29.36 | 0.05 | (9.99) | (9.94) |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3.74) | (3.74) | 15.68 |
|  10/31/21 | 24.15 | (0.14) | 8.53 | 8.39 |  | (3.18) | (3.18) | 29.36 |
|  10/31/20 | 21.44 | (0.07) | 5.12 | 5.05 |  | (2.34) | (2.34) | 24.15 |
|  Class I: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 20.36 | 0.02 | (0.47) | (0.45) |  |  |  | 19.91 |
|  10/31/24 | 16.51 | 0.02 | 3.85 | 3.87 | (0.02) |  | (0.02) | 20.36 |
|  10/31/23 | 16.58 | 0.02 | 0.05 | 0.07 | (0.14) |  | (0.14) | 16.51 |
|  10/31/22 | 30.79 | 0.01 | (10.48) | (10.47) |  | (3.74) | (3.74) | 16.58 |
|  10/31/21 | 25.14 | (0.07) | 8.90 | 8.83 |  | (3.18) | (3.18) | 30.79 |
|  10/31/20 | 22.20 | (0.08) | 5.39 | 5.31 | (0.03) | (2.34) | (2.37) | 25.14 |
|  Premier Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 20.24 | 0.01 | (0.47) | (0.46) |  |  |  | 19.78 |
|  10/31/24 | 16.39 | 0.01 | 3.84 | 3.85 |  |  |  | 20.24 |
|  10/31/23 | 16.40 | 0.01 | 0.05 | 0.06 | (0.07) |  | (0.07) | 16.39 |
|  10/31/22 | 30.51 | 0.06 | (10.43) | (10.37) |  | (3.74) | (3.74) | 16.40 |
|  10/31/21 | 24.96 | (0.10) | 8.83 | 8.73 |  | (3.18) | (3.18) | 30.51 |
|  10/31/20 | 22.05 | (0.03) | 5.28 | 5.25 | (0.00)<sup>(g)</sup> | (2.34) | (2.34) | 24.96 |
|  Class R6: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 20.50 | 0.03 | (0.48) | (0.45) |  |  |  | 20.05 |
|  10/31/24 | 16.61 | 0.03 | 3.90 | 3.93 | (0.04) |  | (0.04) | 20.50 |
|  10/31/23 | 16.62 | 0.04 | 0.05 | 0.09 | (0.10) |  | (0.10) | 16.61 |
|  10/31/22 | 30.82 | 0.09 | (10.55) | (10.46) |  | (3.74) | (3.74) | 16.62 |
|  10/31/21 | 25.15 | (0.06) | 8.91 | 8.85 |  | (3.18) | (3.18) | 30.82 |
|  10/31/20 | 22.21 | 0.00 <sup>(g)</sup> | 5.32 | 5.32 | (0.04) | (2.34) | (2.38) | 25.15 |
|  Retirement Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 19.38 | 0.00 <sup>(g)</sup> | (0.44) | (0.44) |  |  |  | 18.94 |
|  10/31/24 | 15.72 | (0.01) | 3.67 | 3.66 |  |  |  | 19.38 |
|  10/31/23 | 15.73 | (0.01) | 0.05 | 0.04 | (0.05) |  | (0.05) | 15.72 |
|  10/31/22 | 29.44 | 0.04 | (10.01) | (9.97) |  | (3.74) | (3.74) | 15.73 |
|  10/31/21 | 24.21 | (0.13) | 8.54 | 8.41 |  | (3.18) | (3.18) | 29.44 |
|  10/31/20 | 21.47 | (0.06) | 5.14 | 5.08 |  | (2.34) | (2.34) | 24.21 |

---

<sup>(a)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on average shares outstanding.

<sup>(b)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total returns are at NAV and do not include any sales charge. Total returns are not annualized. 

<sup>(c)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Includes voluntary compensation from the Adviser as further described in the Notes to Financial Statements, when applicable.

<sup>(d)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unaudited

<sup>(e)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annualized.

 <sup>(f)</sup> During the year ended 10/31/23, 0.13%, 0.13%, 0.16%, 0.13% and 0.14% of the Fund's total return for Class A, Class I, Premier Class, Class R6, and Retirement Class, respectively, consisted of a voluntary payment from the Adviser.

<sup>(g)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Value rounded to zero.

88 See Notes to Financial Statements

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; | $|  | $|  | $|  | $|  |
|  | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data |
|  | | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | | |
| Total<br> Return<sup>(b)</sup> | Net Assets,<br> End of<br> Period (000) | Gross<br> Expenses | Gross<br> Expenses | Net<br> Expenses | Net<br> Expenses | Net<br> Investment<br> Income (Loss)<sup>(c)</sup> | Net<br> Investment<br> Income (Loss)<sup>(c)</sup> | Portfolio<br>Turnover<br> Rate | Portfolio<br>Turnover<br> Rate |
|  (2.38)% | $152045 |  | 0.82%<sup>(e)</sup> |  | 0.82%<sup>(e)</sup> |  | (0.07)%<sup>(e)</sup> |  | 96% |
| 23.32  | 166433 |  | 0.80 |  | 0.80 |  | (0.13) |  | 47 |
| 0.17 <sup>(f)</sup>  | 156111 |  | 0.80 |  | 0.78 |  | (0.09) |  | 38 |
| (37.94)  | 170207 |  | 0.78 |  | 0.70 |  | 0.24 |  | 62 |
| 36.93  | 297057 |  | 0.75 |  | 0.75 |  | (0.50) |  | 76 |
| 25.80  | 225291 |  | 0.78 |  | 0.78 |  | (0.33) |  | 107 |
| (2.21)  | 139 |  | 0.58 <sup>(e)</sup> |  | 0.58 <sup>(e)</sup> |  | 0.16 <sup>(e)</sup> |  | 96 |
| 23.45  | 156 |  | 0.60 |  | 0.60 |  | 0.08 |  | 47 |
| 0.43 <sup>(f)</sup>  | 171 |  | 0.58 |  | 0.58 |  | 0.12 |  | 38 |
| (37.90)  | 179 |  | 0.47 |  | 0.47 |  | 0.05 |  | 62 |
| 37.26  | 7557 |  | 0.50 |  | 0.50 |  | (0.24) |  | 76 |
| 26.09  | 5113 |  | 0.56 |  | 0.56 |  | (0.32) |  | 107 |
| (2.27)  | 11569 |  | 0.65 <sup>(e)</sup> |  | 0.65 <sup>(e)</sup> |  | 0.11 <sup>(e)</sup> |  | 96 |
| 23.49  | 12217 |  | 0.65 |  | 0.65 |  | 0.03 |  | 47 |
| 0.35 <sup>(f)</sup>  | 13050 |  | 0.64 |  | 0.64 |  | 0.08 |  | 38 |
| (37.92)  | 28494 |  | 0.63 |  | 0.63 |  | 0.28 |  | 62 |
| 37.11  | 60298 |  | 0.61 |  | 0.61 |  | (0.35) |  | 76 |
| 26.03  | 39582 |  | 0.63 |  | 0.63 |  | (0.16) |  | 107 |
| (2.20)  | 421050 |  | 0.50 <sup>(e)</sup> |  | 0.50 <sup>(e)</sup> |  | 0.25 <sup>(e)</sup> |  | 96 |
| 23.66  | 511937 |  | 0.50 |  | 0.50 |  | 0.17 |  | 47 |
| 0.52 <sup>(f)</sup>  | 482635 |  | 0.49 |  | 0.49 |  | 0.21 |  | 38 |
| (37.82)  | 591705 |  | 0.48 |  | 0.48 |  | 0.46 |  | 62 |
| 37.33  | 1113795 |  | 0.46 |  | 0.46 |  | (0.20) |  | 76 |
| 26.16  | 721712 |  | 0.48 |  | 0.48 |  | (0.02) |  | 107 |
| (2.27)  | 220372 |  | 0.75 <sup>(e)</sup> |  | 0.75 <sup>(e)</sup> |  | 0.00 <sup>(e)</sup> |  | 96 |
| 23.28  | 250555 |  | 0.75 |  | 0.75 |  | (0.07) |  | 47 |
| 0.25 <sup>(f)</sup>  | 248486 |  | 0.74 |  | 0.74 |  | (0.04) |  | 38 |
| (37.94)  | 291903 |  | 0.73 |  | 0.73 |  | 0.21 |  | 62 |
| 36.93  | 524637 |  | 0.71 |  | 0.71 |  | (0.46) |  | 76 |
| 25.91  | 375489 |  | 0.73 |  | 0.73 |  | (0.28) |  | 107 |

---

See Notes to Financial Statements 89

------

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | Investment Operations | Investment Operations | Investment Operations | Less Distributions | Less Distributions | Less Distributions | |
| |<br>Net Asset<br>Value,<br>Beginning<br>of Period | Net<br>Investment<br>Income<br>(Loss)<sup>(a)</sup> | Net Realized/<br>Unrealized<br>Gain (Loss) | Total | From Net<br>Investment<br>Income | From Net<br>Realized<br>Gains | Total |<br>Net Asset<br>Value,<br>End of<br>Period |
|  Mid Cap Value |  |  |  |  |  |  |  |  |
|  Class A: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18.07 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.12 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.14) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.02) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.25) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.95) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.20) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15.85 |
|  10/31/24 | 13.68 | 0.21 | 4.40 | 4.61 | (0.22) |  | (0.22) | 18.07 |
|  10/31/23 | 16.70 | 0.20 | (0.92) | (0.72) | (0.32) | (1.98) | (2.30) | 13.68 |
|  10/31/22 | 20.42 | 0.27 | (1.17) | (0.90) | (0.17) | (2.65) | (2.82) | 16.70 |
|  10/31/21 | 13.86 | 0.15 | 6.66 | 6.81 | (0.25) |  | (0.25) | 20.42 |
|  10/31/20 | 19.76 | 0.18 | (2.38) | (2.20) | (0.38) | (3.32) | (3.70) | 13.86 |
|  Class I: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 19.00 | 0.13 | (1.18) | (1.05) | (0.30) | (0.95) | (1.25) | 16.70 |
|  10/31/24 | 14.36 | 0.26 | 4.63 | 4.89 | (0.25) |  | (0.25) | 19.00 |
|  10/31/23 | 17.42 | 0.25 | (0.98) | (0.73) | (0.35) | (1.98) | (2.33) | 14.36 |
|  10/31/22 | 21.20 | 0.31 | (1.23) | (0.92) | (0.21) | (2.65) | (2.86) | 17.42 |
|  10/31/21 | 14.38 | 0.20 | 6.90 | 7.10 | (0.28) |  | (0.28) | 21.20 |
|  10/31/20 | 20.37 | 0.23 | (2.47) | (2.24) | (0.43) | (3.32) | (3.75) | 14.38 |
|  Premier Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 18.99 | 0.14 | (1.21) | (1.07) | (0.27) | (0.95) | (1.22) | 16.70 |
|  10/31/24 | 14.35 | 0.25 | 4.63 | 4.88 | (0.24) |  | (0.24) | 18.99 |
|  10/31/23 | 17.40 | 0.24 | (0.98) | (0.74) | (0.33) | (1.98) | (2.31) | 14.35 |
|  10/31/22 | 21.18 | 0.30 | (1.24) | (0.94) | (0.19) | (2.65) | (2.84) | 17.40 |
|  10/31/21 | 14.37 | 0.18 | 6.90 | 7.08 | (0.27) |  | (0.27) | 21.18 |
|  10/31/20 | 20.34 | 0.21 | (2.46) | (2.25) | (0.40) | (3.32) | (3.72) | 14.37 |
|  Class R6: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 19.04 | 0.15 | (1.21) | (1.06) | (0.30) | (0.95) | (1.25) | 16.73 |
|  10/31/24 | 14.39 | 0.27 | 4.65 | 4.92 | (0.27) |  | (0.27) | 19.04 |
|  10/31/23 | 17.45 | 0.26 | (0.98) | (0.72) | (0.36) | (1.98) | (2.34) | 14.39 |
|  10/31/22 | 21.23 | 0.33 | (1.23) | (0.90) | (0.23) | (2.65) | (2.88) | 17.45 |
|  10/31/21 | 14.40 | 0.21 | 6.92 | 7.13 | (0.30) |  | (0.30) | 21.23 |
|  10/31/20 | 20.40 | 0.23 | (2.47) | (2.24) | (0.44) | (3.32) | (3.76) | 14.40 |
|  Retirement Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 18.83 | 0.13 | (1.19) | (1.06) | (0.26) | (0.95) | (1.21) | 16.56 |
|  10/31/24 | 14.23 | 0.23 | 4.60 | 4.83 | (0.23) |  | (0.23) | 18.83 |
|  10/31/23 | 17.27 | 0.22 | (0.97) | (0.75) | (0.31) | (1.98) | (2.29) | 14.23 |
|  10/31/22 | 21.04 | 0.28 | (1.22) | (0.94) | (0.18) | (2.65) | (2.83) | 17.27 |
|  10/31/21 | 14.28 | 0.16 | 6.86 | 7.02 | (0.26) |  | (0.26) | 21.04 |
|  10/31/20 | 20.24 | 0.20 | (2.45) | (2.25) | (0.39) | (3.32) | (3.71) | 14.28 |

---

<sup>(a)</sup> Based on average shares outstanding.

<sup>(b)</sup> Total returns are at NAV and do not include any sales charge. Total returns are not annualized. 

<sup>(c)</sup> Includes voluntary compensation from the Adviser as further described in the Notes to Financial Statements, when applicable.

<sup>(d)</sup> Unaudited

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

<sup>(f)</sup> During the year ended 10/31/23, 0.06%, 0.06%, 0.08%, 0.06% and 0.06% of the Fund's total return for Class A, Class I, Premier Class, Class R6 and Retirement Class, respectively, consisted of a voluntary payment from the Adviser. 

90 See Notes to Financial Statements

------

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| $— | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; | $|  | $|  | $|  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
|  | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data |
|  |  | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets |  |
| Total<br> Return<sup>(b)</sup> | Net Assets,<br> End of<br> Period (000) | Gross<br> Expenses | Gross<br> Expenses | Net<br> Expenses | Net<br> Expenses | Net<br> Investment<br> Income (Loss)<sup>(c)</sup> | Net<br> Investment<br> Income (Loss)<sup>(c)</sup> | Portfolio<br>Turnover<br> Rate |
| (6.39)% | $182423 |  | 0.78%<sup>(e)</sup> |  | 0.78%<sup>(e)</sup> |  | 1.40%<sup>(e)</sup> | 17% |
| 34.06 | 205876 |  | 0.76 |  | 0.76 |  | 1.29 | 48 |
| (5.12) <sup>(f)</sup> | 170959 |  | 0.77 |  | 0.75 |  | 1.39 | 78 |
| (5.50) | 196682 |  | 0.76 |  | 0.70 |  | 1.57 | 80 |
| 49.65 | 224262 |  | 0.76 |  | 0.75 |  | 0.80 | 80 |
| (14.37) | 168504 |  | 0.78 |  | 0.76 |  | 1.21 | 143 |
| (6.26) | 2968 |  | 0.47 <sup>(e)</sup> |  | 0.47 <sup>(e)</sup> |  | 1.45 <sup>(e)</sup> | 17 |
| 34.43 | 266 |  | 0.58 |  | 0.58 |  | 1.52 | 48 |
| (4.96) <sup>(f)</sup> | 387 |  | 0.56 |  | 0.56 |  | 1.59 | 78 |
| (5.39) | 465 |  | 0.54 |  | 0.54 |  | 1.70 | 80 |
| 49.96 | 416 |  | 0.54 |  | 0.54 |  | 1.05 | 80 |
| (14.17) | 446 |  | 0.55 |  | 0.53 |  | 1.45 | 143 |
| (6.36) | 27588 |  | 0.61 <sup>(e)</sup> |  | 0.61 <sup>(e)</sup> |  | 1.57 <sup>(e)</sup> | 17 |
| 34.34 | 30401 |  | 0.61 |  | 0.61 |  | 1.44 | 48 |
| (4.98) <sup>(f)</sup> | 25087 |  | 0.61 |  | 0.61 |  | 1.56 | 78 |
| (5.46) | 53551 |  | 0.60 |  | 0.60 |  | 1.65 | 80 |
| 49.84 | 73331 |  | 0.60 |  | 0.59 |  | 0.95 | 80 |
| (14.20) | 68187 |  | 0.61 |  | 0.58 |  | 1.36 | 143 |
| (6.29) | 949641 |  | 0.46 <sup>(e)</sup> |  | 0.46 <sup>(e)</sup> |  | 1.73 <sup>(e)</sup> | 17 |
| 34.58 | 1148421 |  | 0.46 |  | 0.46 |  | 1.58 | 48 |
| (4.86) <sup>(f)</sup> | 932572 |  | 0.46 |  | 0.46 |  | 1.69 | 78 |
| (5.28) | 1089731 |  | 0.45 |  | 0.45 |  | 1.83 | 80 |
| 50.13 | 1291813 |  | 0.45 |  | 0.44 |  | 1.11 | 80 |
| (14.12) | 1045293 |  | 0.46 |  | 0.43 |  | 1.47 | 143 |
| (6.36) | 464780 |  | 0.71 <sup>(e)</sup> |  | 0.71 <sup>(e)</sup> |  | 1.45 <sup>(e)</sup> | 17 |
| 34.26 | 463176 |  | 0.71 |  | 0.71 |  | 1.34 | 48 |
| (5.08) <sup>(f)</sup> | 385334 |  | 0.71 |  | 0.71 |  | 1.43 | 78 |
| (5.54) | 468267 |  | 0.70 |  | 0.70 |  | 1.56 | 80 |
| 49.70 | 589412 |  | 0.70 |  | 0.69 |  | 0.86 | 80 |
| (14.29) | 413497 |  | 0.71 |  | 0.68 |  | 1.29 | 143 |

---

See Notes to Financial Statements 91

------

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | Investment Operations | Investment Operations | Investment Operations | Less Distributions | Less Distributions | Less Distributions | |
| |<br>Net Asset<br>Value,<br>Beginning<br>of Period | Net<br>Investment<br>Income<br>(Loss)<sup>(a)</sup> | Net Realized/<br>Unrealized<br>Gain (Loss) | Total | From Net<br>Investment<br>Income | From Net<br>Realized<br>Gains | Total |<br>Net Asset<br>Value,<br>End of<br>Period |
|  Quant Small Cap Equity |  |  |  |  |  |  |  |  |
|  Class A: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18.82 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.03 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.21) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.18) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.15) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.05) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.20) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15.44 |
|  10/31/24 | 13.97 | 0.10 | 5.07 | 5.17 | (0.14) | (0.18) | (0.32) | 18.82 |
|  10/31/23 | 15.76 | 0.12 | (0.97) | (0.85) | (0.11) | (0.83) | (0.94) | 13.97 |
|  10/31/22 | 22.12 | 0.10 | (2.49) | (2.39) | (0.06) | (3.91) | (3.97) | 15.76 |
|  10/31/21 | 13.75 | 0.04 | 8.41 | 8.45 | (0.08) |  | (0.08) | 22.12 |
|  10/31/20 | 15.87 | 0.05 | (1.32) | (1.27) | (0.13) | (0.72) | (0.85) | 13.75 |
|  Class I: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 20.01 | 0.04 | (1.29) | (1.25) | (0.19) | (2.05) | (2.24) | 16.52 |
|  10/31/24 | 14.83 | 0.14 | 5.39 | 5.53 | (0.17) | (0.18) | (0.35) | 20.01 |
|  10/31/23 | 16.67 | 0.16 | (1.02) | (0.86) | (0.15) | (0.83) | (0.98) | 14.83 |
|  10/31/22 | 23.17 | 0.14 | (2.62) | (2.48) | (0.11) | (3.91) | (4.02) | 16.67 |
|  10/31/21 | 14.39 | 0.08 | 8.80 | 8.88 | (0.10) |  | (0.10) | 23.17 |
|  10/31/20 | 16.56 | 0.08 | (1.38) | (1.30) | (0.15) | (0.72) | (0.87) | 14.39 |
|  Premier Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 19.85 | 0.05 | (1.30) | (1.25) | (0.17) | (2.05) | (2.22) | 16.38 |
|  10/31/24 | 14.71 | 0.13 | 5.34 | 5.47 | (0.15) | (0.18) | (0.33) | 19.85 |
|  10/31/23 | 16.54 | 0.15 | (1.02) | (0.87) | (0.13) | (0.83) | (0.96) | 14.71 |
|  10/31/22 | 23.01 | 0.12 | (2.60) | (2.48) | (0.08) | (3.91) | (3.99) | 16.54 |
|  10/31/21 | 14.30 | 0.07 | 8.73 | 8.80 | (0.09) |  | (0.09) | 23.01 |
|  10/31/20 | 16.47 | 0.07 | (1.37) | (1.30) | (0.15) | (0.72) | (0.87) | 14.30 |
|  Class R6: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 20.02 | 0.06 | (1.30) | (1.24) | (0.20) | (2.05) | (2.25) | 16.53 |
|  10/31/24 | 14.84 | 0.16 | 5.39 | 5.55 | (0.19) | (0.18) | (0.37) | 20.02 |
|  10/31/23 | 16.68 | 0.17 | (1.02) | (0.85) | (0.16) | (0.83) | (0.99) | 14.84 |
|  10/31/22 | 23.18 | 0.15 | (2.62) | (2.47) | (0.12) | (3.91) | (4.03) | 16.68 |
|  10/31/21 | 14.40 | 0.10 | 8.80 | 8.90 | (0.12) |  | (0.12) | 23.18 |
|  10/31/20 | 16.59 | 0.09 | (1.38) | (1.29) | (0.18) | (0.72) | (0.90) | 14.40 |
|  Retirement Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 19.18 | 0.04 | (1.24) | (1.20) | (0.16) | (2.05) | (2.21) | 15.77 |
|  10/31/24 | 14.23 | 0.11 | 5.17 | 5.28 | (0.15) | (0.18) | (0.33) | 19.18 |
|  10/31/23 | 16.03 | 0.13 | (0.99) | (0.86) | (0.11) | (0.83) | (0.94) | 14.23 |
|  10/31/22 | 22.43 | 0.10 | (2.53) | (2.43) | (0.06) | (3.91) | (3.97) | 16.03 |
|  10/31/21 | 13.94 | 0.04 | 8.53 | 8.57 | (0.08) |  | (0.08) | 22.43 |
|  10/31/20 | 16.08 | 0.06 | (1.35) | (1.29) | (0.13) | (0.72) | (0.85) | 13.94 |
|  Class W: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 20.04 | 0.10 | (1.30) | (1.20) | (0.29) | (2.05) | (2.34) | 16.50 |
|  10/31/24 | 14.87 | 0.24 | 5.37 | 5.61 | (0.26) | (0.18) | (0.44) | 20.04 |
|  10/31/23 | 16.72 | 0.24 | (1.03) | (0.79) | (0.23) | (0.83) | (1.06) | 14.87 |
|  10/31/22 | 23.25 | 0.22 | (2.62) | (2.40) | (0.22) | (3.91) | (4.13) | 16.72 |
|  10/31/21 | 14.43 | 0.19 | 8.81 | 9.00 | (0.18) |  | (0.18) | 23.25 |
|  10/31/20 | 16.64 | 0.14 | (1.37) | (1.23) | (0.26) | (0.72) | (0.98) | 14.43 |

---

<sup>(a)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on average shares outstanding.

<sup>(b)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total returns are at NAV and do not include any sales charge. Total returns are not annualized. 

<sup>(c)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unaudited

<sup>(d)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annualized.

<sup>(e)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Does not include in-kind transactions.

92 See Notes to Financial Statements

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; | $|  | $|  | $|  | $|  |
|  | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data |
|  | | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | | |
| Total<br> Return<sup>(b)</sup> | Net Assets,<br> End of<br> Period (000) | Gross<br> Expenses | Gross<br> Expenses | Net<br> Expenses | Net<br> Expenses | Net<br> Investment<br> Income (Loss) | Net<br> Investment<br> Income (Loss) | Portfolio<br>Turnover<br> Rate | Portfolio<br>Turnover<br> Rate |
|  (8.21)% | $135634 |  | 0.76%<sup>(d)</sup> |  | 0.76%<sup>(d)</sup> |  | 0.32%<sup>(d)</sup> |  | 32% |
| 37.51  | 152120 |  | 0.71 |  | 0.71 |  | 0.58 |  | 78 |
| (5.63)  | 117417 |  | 0.72 |  | 0.72 |  | 0.77 |  | 75 |
| (12.67)  | 129747 |  | 0.72 |  | 0.69 |  | 0.60 |  | 74 |
| 61.59  | 157995 |  | 0.72 |  | 0.69 |  | 0.18 |  | 64 <sup>(e)</sup> |
| (8.61)  | 100998 |  | 0.74 |  | 0.67 |  | 0.38 |  | 93 |
| (8.06)  | 14827 |  | 0.42 <sup>(d)</sup> |  | 0.42 <sup>(d)</sup> |  | 0.46 <sup>(d)</sup> |  | 32 |
| 37.85  | 1084 |  | 0.48 |  | 0.48 |  | 0.79 |  | 78 |
| (5.41)  | 775 |  | 0.49 |  | 0.49 |  | 1.02 |  | 75 |
| (12.48)  | 1006 |  | 0.48 |  | 0.48 |  | 0.81 |  | 74 |
| 61.95  | 781 |  | 0.48 |  | 0.47 |  | 0.40 |  | 64 <sup>(e)</sup> |
| (8.46)  | 464 |  | 0.50 |  | 0.48 |  | 0.58 |  | 93 |
| (8.13)  | 42920 |  | 0.56 <sup>(d)</sup> |  | 0.56 <sup>(d)</sup> |  | 0.52 <sup>(d)</sup> |  | 32 |
| 37.72  | 45580 |  | 0.56 |  | 0.56 |  | 0.72 |  | 78 |
| (5.49)  | 27100 |  | 0.57 |  | 0.57 |  | 0.94 |  | 75 |
| (12.58)  | 59270 |  | 0.57 |  | 0.57 |  | 0.72 |  | 74 |
| 61.90  | 80889 |  | 0.56 |  | 0.56 |  | 0.31 |  | 64 <sup>(e)</sup> |
| (8.57)  | 65169 |  | 0.58 |  | 0.55 |  | 0.49 |  | 93 |
| (8.03)  | 1981199 |  | 0.41 <sup>(d)</sup> |  | 0.41 <sup>(d)</sup> |  | 0.67 <sup>(d)</sup> |  | 32 |
| 37.93  | 2216415 |  | 0.41 |  | 0.41 |  | 0.87 |  | 78 |
| (5.35)  | 1466752 |  | 0.42 |  | 0.42 |  | 1.07 |  | 75 |
| (12.42)  | 1557567 |  | 0.42 |  | 0.42 |  | 0.87 |  | 74 |
| 62.02  | 1554570 |  | 0.41 |  | 0.41 |  | 0.49 |  | 64 <sup>(e)</sup> |
| (8.35)  | 1150062 |  | 0.43 |  | 0.40 |  | 0.65 |  | 93 |
| (8.17)  | 485964 |  | 0.66 <sup>(d)</sup> |  | 0.66 <sup>(d)</sup> |  | 0.42 <sup>(d)</sup> |  | 32 |
| 37.61  | 539427 |  | 0.66 |  | 0.66 |  | 0.62 |  | 78 |
| (5.58)  | 336799 |  | 0.67 |  | 0.67 |  | 0.82 |  | 75 |
| (12.65)  | 368657 |  | 0.67 |  | 0.67 |  | 0.61 |  | 74 |
| 61.64  | 451648 |  | 0.66 |  | 0.66 |  | 0.22 |  | 64 <sup>(e)</sup> |
| (8.61)  | 328265 |  | 0.68 |  | 0.65 |  | 0.40 |  | 93 |
| (7.88)  | 407104 |  | 0.41 <sup>(d)</sup> |  | 0.00 <sup>(d)</sup> |  | 1.09 <sup>(d)</sup> |  | 32 |
| 38.41  | 480488 |  | 0.41 |  | 0.00 |  | 1.29 |  | 78 |
| (4.91)  | 464497 |  | 0.42 |  | 0.00 |  | 1.50 |  | 75 |
| (12.05)  | 616706 |  | 0.42 |  | 0.00 |  | 1.29 |  | 74 |
| 62.73  | 830786 |  | 0.41 |  | 0.00 |  | 0.88 |  | 64 <sup>(e)</sup> |
| (8.01)  | 679638 |  | 0.42 |  | 0.00 |  | 0.98 |  | 93 |

---

See Notes to Financial Statements 93

------

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | Investment Operations | Investment Operations | Investment Operations | Less Distributions | Less Distributions | Less Distributions | |
| |<br>Net Asset<br>Value,<br>Beginning<br>of Period | Net<br>Investment<br>Income<br>(Loss)<sup>(a)</sup> | Net Realized/<br>Unrealized<br>Gain (Loss) | Total | From Net<br>Investment<br>Income | From Net<br>Realized<br>Gains | Total |<br>Net Asset<br>Value,<br>End of<br>Period |
|  Quant Small/Mid Cap Equity |  |  |  |  |  |  |  |  |
|  Class A: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | $15.88 | $0.04 | $(0.68) | $(0.64) | $(0.08) | $(1.76) | $(1.84) | $13.40 |
|  10/31/24 | 11.78 | 0.09 | 4.32 | 4.41 | (0.10) | (0.21) | (0.31) | 15.88 |
|  10/31/23 | 12.87 | 0.08 | (0.29) | (0.21) | (0.07) | (0.81) | (0.88) | 11.78 |
|  10/31/22 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;18.12 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.10 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.24) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.14) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.13) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.98) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3.11) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12.87 |
|  10/31/21 | 11.36 | 0.05 | 6.92 | 6.97 | (0.06) | (0.15) | (0.21) | 18.12 |
|  10/31/20 | 12.21 | 0.06 | (0.23) | (0.17) | (0.07) | (0.61) | (0.68) | 11.36 |
|  Class I: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 16.05 | 0.06 | (0.68) | (0.62) | (0.12) | (1.76) | (1.88) | 13.55 |
|  10/31/24 | 11.90 | 0.11 | 4.38 | 4.49 | (0.13) | (0.21) | (0.34) | 16.05 |
|  10/31/23 | 13.00 | 0.10 | (0.29) | (0.19) | (0.10) | (0.81) | (0.91) | 11.90 |
|  10/31/22 | 18.28 | 0.12 | (2.25) | (2.13) | (0.17) | (2.98) | (3.15) | 13.00 |
|  10/31/21 | 11.45 | 0.10 | 6.97 | 7.07 | (0.09) | (0.15) | (0.24) | 18.28 |
|  10/31/20 | 12.31 | 0.08 | (0.23) | (0.15) | (0.10) | (0.61) | (0.71) | 11.45 |
|  Premier Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 16.15 | 0.05 | (0.69) | (0.64) | (0.10) | (1.76) | (1.86) | 13.65 |
|  10/31/24 | 11.97 | 0.11 | 4.39 | 4.50 | (0.11) | (0.21) | (0.32) | 16.15 |
|  10/31/23 | 13.06 | 0.10 | (0.30) | (0.20) | (0.08) | (0.81) | (0.89) | 11.97 |
|  10/31/22 | 18.35 | 0.13 | (2.28) | (2.15) | (0.16) | (2.98) | (3.14) | 13.06 |
|  10/31/21 | 11.49 | 0.09 | 7.00 | 7.09 | (0.08) | (0.15) | (0.23) | 18.35 |
|  10/31/20 | 12.27 | 0.08 | (0.24) | (0.16) | (0.01) | (0.61) | (0.62) | 11.49 |
|  Class R6: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 16.04 | 0.06 | (0.68) | (0.62) | (0.13) | (1.76) | (1.89) | 13.53 |
|  10/31/24 | 11.89 | 0.13 | 4.37 | 4.50 | (0.14) | (0.21) | (0.35) | 16.04 |
|  10/31/23 | 12.98 | 0.12 | (0.29) | (0.17) | (0.11) | (0.81) | (0.92) | 11.89 |
|  10/31/22 | 18.26 | 0.15 | (2.26) | (2.11) | (0.19) | (2.98) | (3.17) | 12.98 |
|  10/31/21 | 11.43 | 0.12 | 6.96 | 7.08 | (0.10) | (0.15) | (0.25) | 18.26 |
|  10/31/20 | 12.29 | 0.10 | (0.24) | (0.14) | (0.11) | (0.61) | (0.72) | 11.43 |
|  Retirement Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 15.90 | 0.04 | (0.67) | (0.63) | (0.10) | (1.76) | (1.86) | 13.41 |
|  10/31/24 | 11.79 | 0.09 | 4.34 | 4.43 | (0.11) | (0.21) | (0.32) | 15.90 |
|  10/31/23 | 12.89 | 0.09 | (0.29) | (0.20) | (0.09) | (0.81) | (0.90) | 11.79 |
|  10/31/22 | 18.16 | 0.11 | (2.25) | (2.14) | (0.15) | (2.98) | (3.13) | 12.89 |
|  10/31/21 | 11.38 | 0.08 | 6.93 | 7.01 | (0.08) | (0.15) | (0.23) | 18.16 |
|  10/31/20 | 12.24 | 0.07 | (0.24) | (0.17) | (0.08) | (0.61) | (0.69) | 11.38 |
|  Class W: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 16.11 | 0.10 | (0.68) | (0.58) | (0.21) | (1.76) | (1.97) | 13.56 |
|  10/31/24 | 11.94 | 0.20 | 4.38 | 4.58 | (0.20) | (0.21) | (0.41) | 16.11 |
|  10/31/23 | 13.05 | 0.18 | (0.31) | (0.13) | (0.17) | (0.81) | (0.98) | 11.94 |
|  10/31/22 | 18.36 | 0.22 | (2.27) | (2.05) | (0.28) | (2.98) | (3.26) | 13.05 |
|  10/31/21 | 11.48 | 0.19 | 6.99 | 7.18 | (0.15) | (0.15) | (0.30) | 18.36 |
|  10/31/20 | 12.34 | 0.15 | (0.23) | (0.08) | (0.17) | (0.61) | (0.78) | 11.48 |

---

<sup>(a)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on average shares outstanding.

<sup>(b)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total returns are at NAV and do not include any sales charge. Total returns are not annualized. 

<sup>(c)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unaudited

<sup>(d)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annualized.

94 See Notes to Financial Statements

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; | $|  | $|  | $|  | $|  |
|  | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data |
|  | | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | | |
| Total<br> Return<sup>(b)</sup> | Net Assets,<br> End of<br> Period (000) | Gross<br> Expenses | Gross<br> Expenses | Net<br> Expenses | Net<br> Expenses | Net<br> Investment<br> Income (Loss) | Net<br> Investment<br> Income (Loss) | Portfolio<br>Turnover<br> Rate | Portfolio<br>Turnover<br> Rate |
|  (5.69)% | $21472 |  | 0.79%<sup>(d)</sup> |  | 0.79%<sup>(d)</sup> |  | 0.51%<sup>(d)</sup> |  | 41% |
| 38.04  | 24665 |  | 0.77 |  | 0.77 |  | 0.59 |  | 86 |
| (1.63)  | 18878 |  | 0.79 |  | 0.79 |  | 0.64 |  | 86 |
| (13.97)  | 17929 |  | 0.81 |  | 0.78 |  | 0.75 |  | 90 |
| 62.02  | 17683 |  | 0.87 |  | 0.87 |  | 0.32 |  | 85 |
| (1.76)  | 6757 |  | 0.89 |  | 0.89 |  | 0.51 |  | 88 |
| (5.53)  | 89631 |  | 0.55 <sup>(d)</sup> |  | 0.55 <sup>(d)</sup> |  | 0.78 <sup>(d)</sup> |  | 41 |
| 38.36  | 80374 |  | 0.57 |  | 0.57 |  | 0.76 |  | 86 |
| (1.48)  | 28399 |  | 0.59 |  | 0.59 |  | 0.83 |  | 86 |
| (13.81)  | 14375 |  | 0.60 |  | 0.60 |  | 0.91 |  | 90 |
| 62.57  | 9481 |  | 0.59 |  | 0.59 |  | 0.57 |  | 85 |
| (1.55)  | 1702 |  | 0.58 |  | 0.58 |  | 0.72 |  | 88 |
| (5.59)  | 182 |  | 0.65 <sup>(d)</sup> |  | 0.65 <sup>(d)</sup> |  | 0.65 <sup>(d)</sup> |  | 41 |
| 38.28  | 161 |  | 0.64 |  | 0.64 |  | 0.72 |  | 86 |
| (1.51)  | 120 |  | 0.64 |  | 0.64 |  | 0.80 |  | 86 |
| (13.86)  | 131 |  | 0.64 |  | 0.64 |  | 0.92 |  | 90 |
| 62.45  | 254 |  | 0.66 |  | 0.66 |  | 0.54 |  | 85 |
| (1.61)  | 115 |  | 0.68 |  | 0.68 |  | 0.71 |  | 88 |
| (5.56)  | 108997 |  | 0.48 <sup>(d)</sup> |  | 0.48 <sup>(d)</sup> |  | 0.82 <sup>(d)</sup> |  | 41 |
| 38.51  | 116481 |  | 0.47 |  | 0.47 |  | 0.88 |  | 86 |
| (1.30)  | 76784 |  | 0.47 |  | 0.47 |  | 0.95 |  | 86 |
| (13.73)  | 67645 |  | 0.48 |  | 0.48 |  | 1.08 |  | 90 |
| 62.76  | 63132 |  | 0.47 |  | 0.47 |  | 0.73 |  | 85 |
| (1.48)  | 41061 |  | 0.50 |  | 0.50 |  | 0.88 |  | 88 |
| (5.66)  | 673417 |  | 0.70 <sup>(d)</sup> |  | 0.70 <sup>(d)</sup> |  | 0.57 <sup>(d)</sup> |  | 41 |
| 38.18  | 572534 |  | 0.71 |  | 0.71 |  | 0.64 |  | 86 |
| (1.57)  | 322111 |  | 0.72 |  | 0.72 |  | 0.72 |  | 86 |
| (13.93)  | 258943 |  | 0.73 |  | 0.73 |  | 0.80 |  | 90 |
| 62.34  | 91997 |  | 0.72 |  | 0.72 |  | 0.48 |  | 85 |
| (1.70)  | 21008 |  | 0.75 |  | 0.75 |  | 0.61 |  | 88 |
| (5.31)  | 501377 |  | 0.45 <sup>(d)</sup> |  | 0.00 <sup>(d)</sup> |  | 1.30 <sup>(d)</sup> |  | 41 |
| 39.23  | 582749 |  | 0.46 |  | 0.00 |  | 1.37 |  | 86 |
| (0.93)  | 559246 |  | 0.47 |  | 0.00 |  | 1.44 |  | 86 |
| (13.30)  | 875424 |  | 0.48 |  | 0.00 |  | 1.55 |  | 90 |
| 63.50  | 972344 |  | 0.47 |  | 0.00 |  | 1.19 |  | 85 |
| (0.97)  | 675231 |  | 0.50 |  | 0.00 |  | 1.37 |  | 88 |

---

See Notes to Financial Statements 95

------

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | Investment Operations | Investment Operations | Investment Operations | Less Distributions | Less Distributions | Less Distributions | |
| |<br>Net Asset<br>Value,<br>Beginning<br>of Period | Net<br>Investment<br>Income<br>(Loss)<sup>(a)</sup> | Net Realized/<br>Unrealized<br>Gain (Loss) | Total | From Net<br>Investment<br>Income | From Net<br>Realized<br>Gains | Total |<br>Net Asset<br>Value,<br>End of<br>Period |
|  Large Cap Responsible Equity |  |  |  |  |  |  |  |  |
|  Class A: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | $25.71 | $0.10 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.23) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.13) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.31) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4.02) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4.33) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21.25 |
|  10/31/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20.29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25 | 6.56 | 6.81 | (0.35) | (1.04) | (1.39) | 25.71 |
|  10/31/23 | 20.15 | 0.28 | 0.92 | 1.20 | (0.31) | (0.75) | (1.06) | 20.29 |
|  10/31/22 | 26.78 | 0.24 | (4.25) | (4.01) | (0.26) | (2.36) | (2.62) | 20.15 |
|  10/31/21 | 18.88 | 0.21 | 7.98 | 8.19 | (0.25) | (0.04) | (0.29) | 26.78 |
|  10/31/20 | 18.07 | 0.22 | 1.55 | 1.77 | (0.28) | (0.68) | (0.96) | 18.88 |
|  Class I: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 30.05 | 0.16 | (0.32) | (0.16) | (0.35) | (4.02) | (4.37) | 25.52 |
|  10/31/24 | 23.51 | 0.35 | 7.62 | 7.97 | (0.39) | (1.04) | (1.43) | 30.05 |
|  10/31/23 | 23.17 | 0.36 | 1.07 | 1.43 | (0.34) | (0.75) | (1.09) | 23.51 |
|  10/31/22 | 30.40 | 0.32 | (4.88) | (4.56) | (0.31) | (2.36) | (2.67) | 23.17 |
|  10/31/21 | 21.39 | 0.29 | 9.05 | 9.34 | (0.29) | (0.04) | (0.33) | 30.40 |
|  10/31/20 | 20.34 | 0.29 | 1.75 | 2.04 | (0.31) | (0.68) | (0.99) | 21.39 |
|  Premier Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 29.97 | 0.14 | (0.32) | (0.18) | (0.33) | (4.02) | (4.35) | 25.44 |
|  10/31/24 | 23.42 | 0.32 | 7.62 | 7.94 | (0.35) | (1.04) | (1.39) | 29.97 |
|  10/31/23 | 23.08 | 0.35 | 1.05 | 1.40 | (0.31) | (0.75) | (1.06) | 23.42 |
|  10/31/22 | 30.29 | 0.29 | (4.86) | (4.57) | (0.28) | (2.36) | (2.64) | 23.08 |
|  10/31/21 | 21.32 | 0.27 | 9.01 | 9.28 | (0.27) | (0.04) | (0.31) | 30.29 |
|  10/31/20 | 20.27 | 0.28 | 1.74 | 2.02 | (0.29) | (0.68) | (0.97) | 21.32 |
|  Class R6: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 30.11 | 0.16 | (0.32) | (0.16) | (0.38) | (4.02) | (4.40) | 25.55 |
|  10/31/24 | 23.54 | 0.36 | 7.66 | 8.02 | (0.41) | (1.04) | (1.45) | 30.11 |
|  10/31/23 | 23.20 | 0.39 | 1.06 | 1.45 | (0.36) | (0.75) | (1.11) | 23.54 |
|  10/31/22 | 30.44 | 0.34 | (4.89) | (4.55) | (0.33) | (2.36) | (2.69) | 23.20 |
|  10/31/21 | 21.42 | 0.31 | 9.05 | 9.36 | (0.30) | (0.04) | (0.34) | 30.44 |
|  10/31/20 | 20.36 | 0.31 | 1.76 | 2.07 | (0.33) | (0.68) | (1.01) | 21.42 |
|  Retirement Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 30.68 | 0.12 | (0.33) | (0.21) | (0.30) | (4.02) | (4.32) | 26.15 |
|  10/31/24 | 23.96 | 0.30 | 7.80 | 8.10 | (0.34) | (1.04) | (1.38) | 30.68 |
|  10/31/23 | 23.59 | 0.33 | 1.09 | 1.42 | (0.30) | (0.75) | (1.05) | 23.96 |
|  10/31/22 | 30.90 | 0.28 | (4.97) | (4.69) | (0.26) | (2.36) | (2.62) | 23.59 |
|  10/31/21 | 21.75 | 0.25 | 9.19 | 9.44 | (0.25) | (0.04) | (0.29) | 30.90 |
|  10/31/20 | 20.66 | 0.26 | 1.79 | 2.05 | (0.28) | (0.68) | (0.96) | 21.75 |

---

<sup>(a)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on average shares outstanding.

<sup>(b)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total returns are at NAV and do not include any sales charge. Total returns are not annualized. 

<sup>(c)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unaudited

<sup>(d)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annualized.

96 See Notes to Financial Statements

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; | $|  | $|  | $|  | $|  |
|  | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data |
|  | | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | | |
| Total<br> Return<sup>(b)</sup> | Net Assets,<br> End of<br> Period (000) | Gross<br> Expenses | Gross<br> Expenses | Net<br> Expenses | Net<br> Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> Net<br> Investment<br> Income (Loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> Net<br> Investment<br> Income (Loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> Portfolio<br>Turnover<br> Rate | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> Portfolio<br>Turnover<br> Rate |
|  (1.91)% | $686896 |  | 0.46%<sup>(d)</sup> |  | 0.46%<sup>(d)</sup> |  | 0.90%<sup>(d)</sup> |  | 28% |
| 35.09  | 690714 |  | 0.44 |  | 0.43 |  | 1.03 |  | 44 |
| 6.12  | 556042 |  | 0.46 |  | 0.43 |  | 1.34 |  | 15 |
| (16.64)  | 563642 |  | 0.46 |  | 0.41 |  | 1.11 |  | 19 |
| 43.78  | 691931 |  | 0.44 |  | 0.43 |  | 0.88 |  | 27 |
| 10.09  | 468736 |  | 0.46 |  | 0.45 |  | 1.25 |  | 26 |
| (1.73)  | 29372 |  | 0.19 <sup>(d)</sup> |  | 0.19 <sup>(d)</sup> |  | 1.17 <sup>(d)</sup> |  | 28 |
| 35.24  | 30884 |  | 0.26 |  | 0.25 |  | 1.25 |  | 44 |
| 6.33  | 44145 |  | 0.27 |  | 0.25 |  | 1.52 |  | 15 |
| (16.51)  | 40920 |  | 0.27 |  | 0.26 |  | 1.26 |  | 19 |
| 44.05  | 55706 |  | 0.25 |  | 0.25 |  | 1.06 |  | 27 |
| 10.34  | 37323 |  | 0.26 |  | 0.25 |  | 1.43 |  | 26 |
| (1.81)  | 36465 |  | 0.32 <sup>(d)</sup> |  | 0.32 <sup>(d)</sup> |  | 1.04 <sup>(d)</sup> |  | 28 |
| 35.22  | 36648 |  | 0.32 |  | 0.31 |  | 1.17 |  | 44 |
| 6.22  | 38800 |  | 0.35 |  | 0.34 |  | 1.47 |  | 15 |
| (16.57)  | 69976 |  | 0.37 |  | 0.36 |  | 1.15 |  | 19 |
| 43.89  | 112030 |  | 0.33 |  | 0.32 |  | 0.99 |  | 27 |
| 10.26  | 89235 |  | 0.34 |  | 0.33 |  | 1.38 |  | 26 |
| (1.73)  | 4328487 |  | 0.17 <sup>(d)</sup> |  | 0.17 <sup>(d)</sup> |  | 1.20 <sup>(d)</sup> |  | 28 |
| 35.45  | 4682562 |  | 0.17 |  | 0.16 |  | 1.31 |  | 44 |
| 6.42  | 4068636 |  | 0.18 |  | 0.17 |  | 1.62 |  | 15 |
| (16.45)  | 4583693 |  | 0.18 |  | 0.17 |  | 1.34 |  | 19 |
| 44.13  | 5751972 |  | 0.17 |  | 0.16 |  | 1.15 |  | 27 |
| 10.45  | 3961520 |  | 0.18 |  | 0.17 |  | 1.52 |  | 26 |
| (1.87)  | 1125838 |  | 0.42 <sup>(d)</sup> |  | 0.42 <sup>(d)</sup> |  | 0.91 <sup>(d)</sup> |  | 28 |
| 35.10  | 793382 |  | 0.42 |  | 0.41 |  | 1.06 |  | 44 |
| 6.14  | 723544 |  | 0.43 |  | 0.42 |  | 1.36 |  | 15 |
| (16.65)  | 805465 |  | 0.43 |  | 0.42 |  | 1.09 |  | 19 |
| 43.75  | 1047445 |  | 0.42 |  | 0.41 |  | 0.90 |  | 27 |
| 10.20  | 767329 |  | 0.43 |  | 0.42 |  | 1.27 |  | 26 |

---

See Notes to Financial Statements 97

------

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | Investment Operations | Investment Operations | Investment Operations | Less Distributions | Less Distributions | Less Distributions | |
| |<br>Net Asset<br>Value,<br>Beginning<br> of Period | Net<br> Investment<br>Income<br> (Loss)<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net Realized/<br>Unrealized<br> Gain (Loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;From Net<br>Investment<br>Income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;From Net<br>Realized<br> Gains | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total |<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net Asset<br> Value,<br> End of<br> Period |
|  Emerging Markets Equity |  |  |  |  |  |  |  |  |
|  Class A: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.40 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.03 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.29) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.26) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.17) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.17) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.97 |
|  10/31/24 | 7.26 | 0.10 | 1.27 | 1.37 | (0.23) |  | (0.23) | 8.40 |
|  10/31/23 | 6.44 | 0.06 | 0.76 | 0.82 |  |  |  | 7.26 |
|  10/31/22 | 11.72 | 0.11 | (3.23) | (3.12) | (0.37) | (1.79) | (2.16) | 6.44 |
|  10/31/21 | 12.49 | 0.03 | 0.36 | 0.39 | (0.05) | (1.11) | (1.16) | 11.72 |
|  10/31/20 | 11.51 | 0.02 | 1.10 | 1.12 | (0.14) |  | (0.14) | 12.49 |
|  Class I: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 8.45 | 0.05 | (0.30) | (0.25) | (0.20) |  | (0.20) | 8.00 |
|  10/31/24 | 7.30 | 0.12 | 1.28 | 1.40 | (0.25) |  | (0.25) | 8.45 |
|  10/31/23 | 6.46 | 0.06 | 0.78 | 0.84 | (0.00)<sup>(g)</sup> |  | (0.00)<sup>(g)</sup> | 7.30 |
|  10/31/22 | 11.77 | 0.11 | (3.21) | (3.10) | (0.42) | (1.79) | (2.21) | 6.46 |
|  10/31/21 | 12.52 | 0.07 | 0.37 | 0.44 | (0.08) | (1.11) | (1.19) | 11.77 |
|  10/31/20 | 11.54 | 0.04 | 1.11 | 1.15 | (0.17) |  | (0.17) | 12.52 |
|  Premier Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 8.45 | 0.04 | (0.29) | (0.25) | (0.19) |  | (0.19) | 8.01 |
|  10/31/24 | 7.30 | 0.11 | 1.29 | 1.40 | (0.25) |  | (0.25) | 8.45 |
|  10/31/23 | 6.46 | 0.05 | 0.79 | 0.84 | (0.00)<sup>(g)</sup> |  | (0.00)<sup>(g)</sup> | 7.30 |
|  10/31/22 | 11.78 | 0.14 | (3.25) | (3.11) | (0.42) | (1.79) | (2.21) | 6.46 |
|  10/31/21 | 12.53 | 0.07 | 0.38 | 0.45 | (0.09) | (1.11) | (1.20) | 11.78 |
|  10/31/20 | 11.55 | 0.05 | 1.09 | 1.14 | (0.16) |  | (0.16) | 12.53 |
|  Class R6: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 8.45 | 0.05 | (0.30) | (0.25) | (0.20) |  | (0.20) | 8.00 |
|  10/31/24 | 7.30 | 0.12 | 1.29 | 1.41 | (0.26) |  | (0.26) | 8.45 |
|  10/31/23 | 6.46 | 0.09 | 0.75 | 0.84 | (0.00)<sup>(g)</sup> |  | (0.00)<sup>(g)</sup> | 7.30 |
|  10/31/22 | 11.77 | 0.14 | (3.23) | (3.09) | (0.43) | (1.79) | (2.22) | 6.46 |
|  10/31/21 | 12.53 | 0.08 | 0.37 | 0.45 | (0.10) | (1.11) | (1.21) | 11.77 |
|  10/31/20 | 11.54 | 0.07 | 1.10 | 1.17 | (0.18) |  | (0.18) | 12.53 |
|  Retirement Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 8.39 | 0.04 | (0.29) | (0.25) | (0.18) |  | (0.18) | 7.96 |
|  10/31/24 | 7.26 | 0.10 | 1.27 | 1.37 | (0.24) |  | (0.24) | 8.39 |
|  10/31/23 | 6.42 | 0.07 | 0.77 | 0.84 | (0.00)<sup>(g)</sup> |  | (0.00)<sup>(g)</sup> | 7.26 |
|  10/31/22 | 11.72 | 0.14 | (3.23) | (3.09) | (0.42) | (1.79) | (2.21) | 6.42 |
|  10/31/21 | 12.48 | 0.07 | 0.37 | 0.44 | (0.09) | (1.11) | (1.20) | 11.72 |
|  10/31/20 | 11.49 | 0.05 | 1.10 | 1.15 | (0.16) |  | (0.16) | 12.48 |
|  Class W: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 8.52 | 0.09 | (0.30) | (0.21) | (0.28) |  | (0.28) | 8.03 |
|  10/31/24 | 7.36 | 0.20 | 1.29 | 1.49 | (0.33) |  | (0.33) | 8.52 |
|  10/31/23 | 6.50 | 0.15 | 0.77 | 0.92 | (0.06) |  | (0.06) | 7.36 |
|  10/31/22 | 11.85 | 0.21 | (3.25) | (3.04) | (0.52) | (1.79) | (2.31) | 6.50 |
|  10/31/21 | 12.62 | 0.21 | 0.37 | 0.58 | (0.24) | (1.11) | (1.35) | 11.85 |
|  10/31/20 | 11.63 | 0.17 | 1.10 | 1.27 | (0.28) |  | (0.28) | 12.62 |

---

<sup>(a)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on average shares outstanding.

<sup>(b)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total returns are at NAV and do not include any sales charge. Total returns are not annualized. 

<sup>(c)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Includes voluntary compensation from the Adviser as further described in the Notes to Financial Statements, when applicable.

<sup>(d)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unaudited

<sup>(e)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annualized.

 <sup>(f)</sup> During the year ended 10/31/23, 0.05%, 0.05%, 0.06%, 0.05%, 0.05% and 0.05% of the Fund's total return for Class A, Class I, Premier Class, Class R6, Retirement Class and Class W, respectively, consisted of a voluntary payment from the Adviser.

<sup>(g)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Value rounded to zero.

98 See Notes to Financial Statements

------

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; | $|  | $|  | $|  | $|  |
|  | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data |
|  | | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | | |
| Total<br> Return<sup>(b)</sup> | Net Assets,<br> End of<br> Period (000) | Gross<br> Expenses | Gross<br> Expenses | Net<br> Expenses | Net<br> Expenses | Net<br> Investment<br> Income (Loss)<sup>(c)</sup> | Net<br> Investment<br> Income (Loss)<sup>(c)</sup> | Portfolio<br>Turnover<br> Rate | Portfolio<br>Turnover<br> Rate |
|  (3.10)% | $5688 |  | 1.28%<sup>(e)</sup> |  | 1.28%<sup>(e)</sup> |  | 0.86%<sup>(e)</sup> |  | 55% |
| 19.22  | 6823 |  | 1.26 |  | 1.26 |  | 1.18 |  | 85 |
| 12.73<sup>(f)</sup>  | 6608 |  | 1.27 |  | 1.26 |  | 0.73 |  | 67 |
| (31.97)  | 6239 |  | 1.30 |  | 1.24 |  | 1.32 |  | 108 |
| 2.00  | 9842 |  | 1.31 |  | 1.31 |  | 0.19 |  | 112 |
| 9.68  | 8500 |  | 1.27 |  | 1.27 |  | 0.17 |  | 128 |
| (3.02)  | 111 |  | 1.04 <sup>(e)</sup> |  | 1.04 <sup>(e)</sup> |  | 1.13 <sup>(e)</sup> |  | 55 |
| 19.61  | 117 |  | 0.99 |  | 0.99 |  | 1.46 |  | 85 |
| 13.03<sup>(f)</sup>  | 102 |  | 0.98 |  | 0.98 |  | 0.78 |  | 67 |
| (31.77)  | 180 |  | 0.94 |  | 0.94 |  | 1.34 |  | 108 |
| 2.28  | 171 |  | 0.97 |  | 0.97 |  | 0.51 |  | 112 |
| 10.06  | 179 |  | 0.95 |  | 0.95 |  | 0.31 |  | 128 |
| (2.95)  | 5565 |  | 1.05 <sup>(e)</sup> |  | 1.05 <sup>(e)</sup> |  | 1.11 <sup>(e)</sup> |  | 55 |
| 19.47  | 5901 |  | 1.05 |  | 1.05 |  | 1.41 |  | 85 |
| 13.02<sup>(f)</sup>  | 4595 |  | 1.05 |  | 1.01 |  | 0.69 |  | 67 |
| (31.77)  | 7296 |  | 1.05 |  | 0.96 |  | 1.61 |  | 108 |
| 2.27  | 10994 |  | 1.03 |  | 0.98 |  | 0.54 |  | 112 |
| 9.99  | 9112 |  | 1.03 |  | 0.99 |  | 0.46 |  | 128 |
| (2.92)  | 155996 |  | 0.90 <sup>(e)</sup> |  | 0.90 <sup>(e)</sup> |  | 1.21 <sup>(e)</sup> |  | 55 |
| 19.70  | 187899 |  | 0.90 |  | 0.90 |  | 1.53 |  | 85 |
| 13.06<sup>(f)</sup>  | 196897 |  | 0.90 |  | 0.90 |  | 1.12 |  | 67 |
| (31.68)  | 187605 |  | 0.90 |  | 0.90 |  | 1.66 |  | 108 |
| 2.44  | 295907 |  | 0.88 |  | 0.88 |  | 0.61 |  | 112 |
| 10.04  | 283658 |  | 0.88 |  | 0.88 |  | 0.58 |  | 128 |
| (2.99)  | 45737 |  | 1.15 <sup>(e)</sup> |  | 1.15 <sup>(e)</sup> |  | 0.99 <sup>(e)</sup> |  | 55 |
| 19.26  | 53245 |  | 1.15 |  | 1.15 |  | 1.26 |  | 85 |
| 13.10<sup>(f)</sup>  | 61572 |  | 1.15 |  | 1.07 |  | 0.90 |  | 67 |
| (31.85)  | 62446 |  | 1.15 |  | 0.96 |  | 1.64 |  | 108 |
| 2.36  | 103033 |  | 1.12 |  | 0.98 |  | 0.49 |  | 112 |
| 9.94  | 118191 |  | 1.13 |  | 0.99 |  | 0.44 |  | 128 |
| (2.53)  | 1339597 |  | 0.90 <sup>(e)</sup> |  | 0.00 <sup>(e)</sup> |  | 2.15 <sup>(e)</sup> |  | 55 |
| 20.78  | 1454345 |  | 0.90 |  | 0.00 |  | 2.44 |  | 85 |
| 14.20<sup>(f)</sup>  | 1267687 |  | 0.90 |  | 0.00 |  | 1.96 |  | 67 |
| (31.16)  | 1308083 |  | 0.90 |  | 0.00 |  | 2.49 |  | 108 |
| 3.33  | 1256261 |  | 0.88 |  | 0.00 |  | 1.54 |  | 112 |
| 11.11  | 1194291 |  | 0.88 |  | 0.00 |  | 1.47 |  | 128 |

---

See Notes to Financial Statements 99

------

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | Investment Operations | Investment Operations | Investment Operations | Less Distributions | Less Distributions | Less Distributions | |
| |<br>Net Asset<br> Value,<br> Beginning<br> of Period | Net<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Investment<br> Income<br> (Loss)<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net Realized/<br> Unrealized<br> Gain (Loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;From Net<br>Investment<br>Income | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;From Net<br> Realized<br> Gains | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total |<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net Asset<br>Value,<br> End of<br> Period |
|  International Equity |  |  |  |  |  |  |  |  |
|  Class A: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.27 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.09 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.39 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.48 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.31) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.31) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.44 |
|  10/31/24 | 7.23 | 0.17 | 1.19 | 1.36 | (0.32) |  | (0.32) | 8.27 |
|  10/31/23 | 6.52 | 0.18 | 0.76 | 0.94 | (0.23) |  | (0.23) | 7.23 |
|  10/31/22 | 9.11 | 0.15 | (2.37) | (2.22) | (0.37) |  | (0.37) | 6.52 |
|  10/31/21 | 6.86 | 0.23 | 2.15 | 2.38 | (0.13) |  | (0.13) | 9.11 |
|  10/31/20 | 7.02 | 0.09 | (0.08) | 0.01 | (0.17) |  | (0.17) | 6.86 |
|  Class I: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 14.25 | 0.19 | 0.68 | 0.87 | (0.32) |  | (0.32) | 14.80 |
|  10/31/24 | 12.23 | 0.31 | 2.04 | 2.35 | (0.33) |  | (0.33) | 14.25 |
|  10/31/23 | 10.87 | 0.32 | 1.28 | 1.60 | (0.24) |  | (0.24) | 12.23 |
|  10/31/22 | 14.93 | 0.28 | (3.96) | (3.68) | (0.38) |  | (0.38) | 10.87 |
|  10/31/21 | 11.15 | 0.39 | 3.54 | 3.93 | (0.15) |  | (0.15) | 14.93 |
|  10/31/20 | 11.29 | 0.17 | (0.13) | 0.04 | (0.18) |  | (0.18) | 11.15 |
|  Premier Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 13.90 | 0.17 | 0.66 | 0.83 | (0.31) |  | (0.31) | 14.42 |
|  10/31/24 | 11.93 | 0.31 | 1.98 | 2.29 | (0.32) |  | (0.32) | 13.90 |
|  10/31/23 | 10.61 | 0.33 | 1.23 | 1.56 | (0.24) |  | (0.24) | 11.93 |
|  10/31/22 | 14.58 | 0.26 | (3.85) | (3.59) | (0.38) |  | (0.38) | 10.61 |
|  10/31/21 | 10.89 | 0.37 | 3.45 | 3.82 | (0.13) |  | (0.13) | 14.58 |
|  10/31/20 | 11.03 | 0.16 | (0.13) | 0.03 | (0.17) |  | (0.17) | 10.89 |
|  Class R6: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 13.92 | 0.18 | 0.68 | 0.86 | (0.34) |  | (0.34) | 14.44 |
|  10/31/24 | 11.95 | 0.33 | 1.99 | 2.32 | (0.35) |  | (0.35) | 13.92 |
|  10/31/23 | 10.63 | 0.33 | 1.24 | 1.57 | (0.25) |  | (0.25) | 11.95 |
|  10/31/22 | 14.61 | 0.28 | (3.86) | (3.58) | (0.40) |  | (0.40) | 10.63 |
|  10/31/21 | 10.91 | 0.41 | 3.45 | 3.86 | (0.16) |  | (0.16) | 14.61 |
|  10/31/20 | 11.06 | 0.18 | (0.14) | 0.04 | (0.19) |  | (0.19) | 10.91 |
|  Retirement Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 14.52 | 0.17 | 0.70 | 0.87 | (0.30) |  | (0.30) | 15.09 |
|  10/31/24 | 12.45 | 0.30 | 2.08 | 2.38 | (0.31) |  | (0.31) | 14.52 |
|  10/31/23 | 11.06 | 0.32 | 1.29 | 1.61 | (0.22) |  | (0.22) | 12.45 |
|  10/31/22 | 15.18 | 0.26 | (4.02) | (3.76) | (0.36) |  | (0.36) | 11.06 |
|  10/31/21 | 11.33 | 0.39 | 3.59 | 3.98 | (0.13) |  | (0.13) | 15.18 |
|  10/31/20 | 11.48 | 0.16 | (0.14) | 0.02 | (0.17) |  | (0.17) | 11.33 |
|  Class W: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 14.01 | 0.21 | 0.68 | 0.89 | (0.40) |  | (0.40) | 14.50 |
|  10/31/24 | 12.03 | 0.39 | 2.00 | 2.39 | (0.41) |  | (0.41) | 14.01 |
|  10/31/23 | 10.70 | 0.39 | 1.24 | 1.63 | (0.30) |  | (0.30) | 12.03 |
|  10/31/22 | 14.69 | 0.34 | (3.87) | (3.53) | (0.46) |  | (0.46) | 10.70 |
|  10/31/21 | 10.96 | 0.48 | 3.45 | 3.93 | (0.20) |  | (0.20) | 14.69 |
|  10/31/20 | 11.10 | 0.23 | (0.13) | 0.10 | (0.24) |  | (0.24) | 10.96 |

---

<sup>(a)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on average shares outstanding.

<sup>(b)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total returns are at NAV and do not include any sales charge. Total returns are not annualized. 

<sup>(c)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Includes voluntary compensation from the Adviser as further described in the Notes to Financial Statements, when applicable.

<sup>(d)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unaudited

<sup>(e)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annualized.

 <sup>(f)</sup> During the year ended 10/31/23, 0.02%, 0.02%, 0.02%, 0.02%, 0.02% and 0.02% of the Fund's total return for Class A, Class I, Premier Class, Class R6, Retirement Class and Class W, respectively, consisted of a voluntary payment from the Adviser.

<sup>(g)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Does not include in-kind transactions.

100 See Notes to Financial Statements

------

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| $|  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; | $|  | $|  | $|  | $|  |
|  |  | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data |
|  |  |  | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets |  |  |
| Total<br> Return<sup>(b)</sup> | Total<br> Return<sup>(b)</sup> | Net Assets,<br> End of<br> Period (000) | Gross<br> Expenses | Gross<br> Expenses | Net<br> Expenses | Net<br> Expenses | Net<br> Investment<br> Income (Loss)<sup>(c)</sup> | Net<br> Investment<br> Income (Loss)<sup>(c)</sup> | Portfolio<br>Turnover<br> Rate | Portfolio<br>Turnover<br> Rate |
|  | 5.93% | $242545 |  | 0.80% <sup>(e)</sup> |  | 0.80% <sup>(e)</sup> |  | 2.35% <sup>(e)</sup> |  | 17% |
|  | 19.32 | 238886 |  | 0.78 |  | 0.78 |  | 2.04 |  | 13 |
|  | 14.60 <sup>(f)</sup> | 215590 |  | 0.81 |  | 0.79 |  | 2.39 |  | 19 <sup>(g)</sup> |
|  | (25.32) | 201687 |  | 0.80 |  | 0.74 |  | 2.04 |  | 21 |
|  | 35.05 | 286699 |  | 0.80 |  | 0.80 |  | 2.61 |  | 28 |
|  | 0.03 | 223406 |  | 0.82 |  | 0.82 |  | 1.38 |  | 102 |
|  | 6.21 | 4083 |  | 0.52 <sup>(e)</sup> |  | 0.52 <sup>(e)</sup> |  | 2.72 <sup>(e)</sup> |  | 17 |
|  | 19.54 | 3203 |  | 0.58 |  | 0.58 |  | 2.19 |  | 13 |
|  | 14.81 <sup>(f)</sup> | 2067 |  | 0.56 |  | 0.56 |  | 2.59 |  | 19 <sup>(g)</sup> |
|  | (25.23) | 2268 |  | 0.57 |  | 0.57 |  | 2.20 |  | 21 |
|  | 35.42 | 3175 |  | 0.56 |  | 0.56 |  | 2.75 |  | 28 |
|  | 0.34 | 2993 |  | 0.57 |  | 0.57 |  | 1.60 |  | 102 |
|  | 6.08 | 50120 |  | 0.61 <sup>(e)</sup> |  | 0.61 <sup>(e)</sup> |  | 2.52 <sup>(e)</sup> |  | 17 |
|  | 19.55 | 51024 |  | 0.61 |  | 0.61 |  | 2.23 |  | 13 |
|  | 14.75 <sup>(f)</sup> | 37023 |  | 0.61 |  | 0.61 |  | 2.71 |  | 19 <sup>(g)</sup> |
|  | (25.24) | 57289 |  | 0.61 |  | 0.61 |  | 2.14 |  | 21 |
|  | 35.31 | 75862 |  | 0.61 |  | 0.61 |  | 2.68 |  | 28 |
|  | 0.26 | 80569 |  | 0.63 |  | 0.63 |  | 1.53 |  | 102 |
|  | 6.25 | 2474509 |  | 0.46 <sup>(e)</sup> |  | 0.46 <sup>(e)</sup> |  | 2.66 <sup>(e)</sup> |  | 17 |
|  | 19.72 | 2551538 |  | 0.46 |  | 0.46 |  | 2.38 |  | 13 |
|  | 14.89 <sup>(f)</sup> | 2405013 |  | 0.46 |  | 0.46 |  | 2.71 |  | 19 <sup>(g)</sup> |
|  | (25.14) | 2255904 |  | 0.46 |  | 0.46 |  | 2.33 |  | 21 |
|  | 35.59 | 2828714 |  | 0.46 |  | 0.46 |  | 2.95 |  | 28 |
|  | 0.33 | 2230915 |  | 0.48 |  | 0.48 |  | 1.74 |  | 102 |
|  | 6.06 | 315460 |  | 0.71 <sup>(e)</sup> |  | 0.71 <sup>(e)</sup> |  | 2.41 <sup>(e)</sup> |  | 17 |
|  | 19.40 | 323597 |  | 0.71 |  | 0.71 |  | 2.12 |  | 13 |
|  | 14.64 <sup>(f)</sup> | 318194 |  | 0.71 |  | 0.71 |  | 2.48 |  | 19 <sup>(g)</sup> |
|  | (25.32) | 314089 |  | 0.71 |  | 0.71 |  | 2.05 |  | 21 |
|  | 35.28 | 467995 |  | 0.71 |  | 0.71 |  | 2.68 |  | 28 |
|  | 0.10 | 383646 |  | 0.73 |  | 0.73 |  | 1.45 |  | 102 |
|  | 6.48 | 3321798 |  | 0.46 <sup>(e)</sup> |  | 0.00 <sup>(e)</sup> |  | 3.08 <sup>(e)</sup> |  | 17 |
|  | 20.23 | 3421829 |  | 0.46 |  | 0.00 |  | 2.84 |  | 13 |
|  | 15.36 <sup>(f)</sup> | 3164262 |  | 0.46 |  | 0.00 |  | 3.15 |  | 19 <sup>(g)</sup> |
|  | (24.76) | 3426943 |  | 0.46 |  | 0.00 |  | 2.77 |  | 21 |
|  | 36.17 | 3083400 |  | 0.46 |  | 0.00 |  | 3.45 |  | 28 |
|  | 0.89 | 1772710 |  | 0.48 |  | 0.00 |  | 2.19 |  | 102 |

---

See Notes to Financial Statements 101

------

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | Investment Operations | Investment Operations | Investment Operations | Less Distributions | Less Distributions | Less Distributions | |
| |<br>Net Asset<br>Value,<br>Beginning<br>of Period | Net<br>Investment<br>Income<br>(Loss)<sup>(a)</sup> | Net Realized/<br>Unrealized<br>Gain (Loss) | Total | From Net<br>Investment<br>Income | From Net<br>Realized<br>Gains | Total |<br>Net Asset<br>Value,<br>End of<br>Period |
|  International Opportunities |  |  |  |  |  |  |  |  |
|  Class A: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15.17 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.07 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.20 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.17) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.17) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15.20 |
|  10/31/24 | 12.78 | 0.13 | 2.39 | 2.52 | (0.13) |  | (0.13) | 15.17 |
|  10/31/23 | 12.48 | 0.15 | 0.15 | 0.30 | (0.00)<sup>(f)</sup> |  | (0.00)<sup>(f)</sup> | 12.78 |
|  10/31/22 | 19.67 | 0.13 | (5.87) | (5.74) | (0.21) | (1.24) | (1.45) | 12.48 |
|  10/31/21 | 15.65 | 0.05 | 4.38 | 4.43 | (0.04) | (0.37) | (0.41) | 19.67 |
|  10/31/20 | 13.32 | 0.01 | 2.41 | 2.42 | (0.09) |  | (0.09) | 15.65 |
|  Class I: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 15.20 | 0.10 | 0.12 | 0.22 | (0.20) |  | (0.20) | 15.22 |
|  10/31/24 | 12.80 | 0.17 | 2.39 | 2.56 | (0.16) |  | (0.16) | 15.20 |
|  10/31/23 | 12.48 | 0.18 | 0.14 | 0.32 | (0.00)<sup>(f)</sup> |  | (0.00)<sup>(f)</sup> | 12.80 |
|  10/31/22 | 19.73 | 0.16 | (5.87) | (5.71) | (0.30) | (1.24) | (1.54) | 12.48 |
|  10/31/21 | 15.67 | 0.11 | 4.40 | 4.51 | (0.08) | (0.37) | (0.45) | 19.73 |
|  10/31/20 | 13.34 | 0.06 | 2.41 | 2.47 | (0.14) |  | (0.14) | 15.67 |
|  Premier Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 15.24 | 0.09 | 0.13 | 0.22 | (0.19) |  | (0.19) | 15.27 |
|  10/31/24 | 12.84 | 0.16 | 2.40 | 2.56 | (0.16) |  | (0.16) | 15.24 |
|  10/31/23 | 12.52 | 0.16 | 0.17 | 0.33 | (0.01) |  | (0.01) | 12.84 |
|  10/31/22 | 19.80 | 0.20 | (5.94) | (5.74) | (0.30) | (1.24) | (1.54) | 12.52 |
|  10/31/21 | 15.72 | 0.11 | 4.41 | 4.52 | (0.07) | (0.37) | (0.44) | 19.80 |
|  10/31/20 | 13.37 | 0.04 | 2.44 | 2.48 | (0.13) |  | (0.13) | 15.72 |
|  Class R6: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 15.23 | 0.10 | 0.13 | 0.23 | (0.22) |  | (0.22) | 15.24 |
|  10/31/24 | 12.83 | 0.18 | 2.40 | 2.58 | (0.18) |  | (0.18) | 15.23 |
|  10/31/23 | 12.49 | 0.18 | 0.17 | 0.35 | (0.01) |  | (0.01) | 12.83 |
|  10/31/22 | 19.77 | 0.17 | (5.88) | (5.71) | (0.33) | (1.24) | (1.57) | 12.49 |
|  10/31/21 | 15.70 | 0.13 | 4.40 | 4.53 | (0.09) | (0.37) | (0.46) | 19.77 |
|  10/31/20 | 13.35 | 0.07 | 2.42 | 2.49 | (0.14) |  | (0.14) | 15.70 |
|  Retirement Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 15.15 | 0.08 | 0.13 | 0.21 | (0.18) |  | (0.18) | 15.18 |
|  10/31/24 | 12.76 | 0.14 | 2.39 | 2.53 | (0.14) |  | (0.14) | 15.15 |
|  10/31/23 | 12.45 | 0.16 | 0.16 | 0.32 | (0.01) |  | (0.01) | 12.76 |
|  10/31/22 | 19.69 | 0.16 | (5.86) | (5.70) | (0.30) | (1.24) | (1.54) | 12.45 |
|  10/31/21 | 15.63 | 0.10 | 4.40 | 4.50 | (0.07) | (0.37) | (0.44) | 19.69 |
|  10/31/20 | 13.30 | 0.06 | 2.40 | 2.46 | (0.13) |  | (0.13) | 15.63 |
|  Class W: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 15.32 | 0.15 | 0.13 | 0.28 | (0.31) |  | (0.31) | 15.29 |
|  10/31/24 | 12.91 | 0.27 | 2.40 | 2.67 | (0.26) |  | (0.26) | 15.32 |
|  10/31/23 | 12.51 | 0.27 | 0.15 | 0.42 | (0.02) |  | (0.02) | 12.91 |
|  10/31/22 | 19.89 | 0.26 | (5.90) | (5.64) | (0.50) | (1.24) | (1.74) | 12.51 |
|  10/31/21 | 15.78 | 0.25 | 4.42 | 4.67 | (0.19) | (0.37) | (0.56) | 19.89 |
|  10/31/20 | 13.42 | 0.16 | 2.43 | 2.59 | (0.23) |  | (0.23) | 15.78 |

---

<sup>(a)</sup> Based on average shares outstanding.

<sup>(b)</sup> Total returns are at NAV and do not include any sales charge. Total returns are not annualized. 

<sup>(c)</sup> Includes voluntary compensation from the Adviser as further described in the Notes to Financial Statements, when applicable.

<sup>(d)</sup> Unaudited

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

<sup>(f)</sup> Value rounded to zero.

<sup>(g)</sup> During the year ended 10/31/23, 0.01%, 0.01%, 0.01%, 0.01%, 0.01% and 0.01% of the Fund's total return for Class A, Class I, Premier Class, Class R6, Retirement Class and Class W, respectively, consisted of a voluntary payment from the Adviser. 

102 See Notes to Financial Statements

------

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| $|  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; | $|  | $|  | $|  | $|  |
|  |  | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data |
|  |  |  | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets |  |  |
| Total<br> Return<sup>(b)</sup> | Total<br> Return<sup>(b)</sup> | Net Assets,<br> End of<br> Period (000) | Gross<br> Expenses | Gross<br> Expenses | Net<br> Expenses | Net<br> Expenses | Net<br> Investment<br> Income (Loss)<sup>(c)</sup> | Net<br> Investment<br> Income (Loss)<sup>(c)</sup> | Portfolio<br>Turnover<br> Rate | Portfolio<br>Turnover<br> Rate |
|  | 1.30% | $31585 |  | 1.05% <sup>(e)</sup> |  | 1.05% <sup>(e)</sup> |  | 0.89% <sup>(e)</sup> |  | 29% |
|  | 19.81 | 34202 |  | 0.90 |  | 0.90 |  | 0.88 |  | 21 |
|  | 2.41 <sup>(g)</sup> | 34349 |  | 0.90 |  | 0.90 |  | 1.05 |  | 18 |
|  | (31.02) | 36527 |  | 0.99 |  | 0.96 |  | 0.89 |  | 15 |
|  | 28.62 | 9152 |  | 1.06 |  | 1.06 |  | 0.26 |  | 29 |
|  | 18.26 | 5638 |  | 1.01 |  | 1.01 |  | 0.10 |  | 36 |
|  | 1.44 | 25285 |  | 0.66 <sup>(e)</sup> |  | 0.66 <sup>(e)</sup> |  | 1.28 <sup>(e)</sup> |  | 29 |
|  | 20.14 | 27711 |  | 0.69 |  | 0.69 |  | 1.10 |  | 21 |
|  | 2.60 <sup>(g)</sup> | 31237 |  | 0.69 |  | 0.69 |  | 1.26 |  | 18 |
|  | (30.83) | 61619 |  | 0.71 |  | 0.71 |  | 1.21 |  | 15 |
|  | 29.09 | 5052 |  | 0.70 |  | 0.70 |  | 0.59 |  | 29 |
|  | 18.66 | 4060 |  | 0.71 |  | 0.71 |  | 0.41 |  | 36 |
|  | 1.44 | 2527 |  | 0.76 <sup>(e)</sup> |  | 0.76 <sup>(e)</sup> |  | 1.18 <sup>(e)</sup> |  | 29 |
|  | 20.00 | 2678 |  | 0.76 |  | 0.76 |  | 1.05 |  | 21 |
|  | 2.60 <sup>(g)</sup> | 2455 |  | 0.76 |  | 0.75 |  | 1.18 |  | 18 |
|  | (30.88) | 2269 |  | 0.76 |  | 0.66 |  | 1.43 |  | 15 |
|  | 29.06 | 569 |  | 0.77 |  | 0.73 |  | 0.58 |  | 29 |
|  | 18.69 | 399 |  | 0.77 |  | 0.70 |  | 0.32 |  | 36 |
|  | 1.47 | 137818 |  | 0.60 <sup>(e)</sup> |  | 0.60 <sup>(e)</sup> |  | 1.34 <sup>(e)</sup> |  | 29 |
|  | 20.22 | 146122 |  | 0.60 |  | 0.60 |  | 1.17 |  | 21 |
|  | 2.69 <sup>(g)</sup> | 128293 |  | 0.60 |  | 0.60 |  | 1.32 |  | 18 |
|  | (30.76) | 130897 |  | 0.61 |  | 0.61 |  | 1.16 |  | 15 |
|  | 29.21 | 146168 |  | 0.60 |  | 0.60 |  | 0.70 |  | 29 |
|  | 18.84 | 120668 |  | 0.61 |  | 0.61 |  | 0.53 |  | 36 |
|  | 1.34 | 67749 |  | 0.85 <sup>(e)</sup> |  | 0.85 <sup>(e)</sup> |  | 1.06 <sup>(e)</sup> |  | 29 |
|  | 19.95 | 77438 |  | 0.85 |  | 0.85 |  | 0.93 |  | 21 |
|  | 2.53 <sup>(g)</sup> | 80691 |  | 0.85 |  | 0.79 |  | 1.14 |  | 18 |
|  | (30.87) | 96691 |  | 0.86 |  | 0.68 |  | 1.06 |  | 15 |
|  | 29.13 | 175169 |  | 0.85 |  | 0.73 |  | 0.56 |  | 29 |
|  | 18.62 | 158190 |  | 0.86 |  | 0.72 |  | 0.40 |  | 36 |
|  | 1.80 | 2017006 |  | 0.60 <sup>(e)</sup> |  | 0.00 <sup>(e)</sup> |  | 1.94 <sup>(e)</sup> |  | 29 |
|  | 20.89 | 2108896 |  | 0.60 |  | 0.00 |  | 1.78 |  | 21 |
|  | 3.36 <sup>(g)</sup> | 1912615 |  | 0.60 |  | 0.00 |  | 1.92 |  | 18 |
|  | (30.39) | 2057533 |  | 0.61 |  | 0.00 |  | 1.77 |  | 15 |
|  | 30.03 | 2183791 |  | 0.60 |  | 0.00 |  | 1.31 |  | 29 |
|  | 19.52 | 1527006 |  | 0.61 |  | 0.00 |  | 1.14 |  | 36 |

---

See Notes to Financial Statements 103

------

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | Investment Operations | Investment Operations | Investment Operations | Less Distributions | Less Distributions | Less Distributions | |
| |<br>Net Asset<br>Value,<br>Beginning<br>of Period | Net<br>Investment<br>Income<br>(Loss)<sup>(a)</sup> | Net Realized/<br>Unrealized<br>Gain (Loss) | Total | From Net<br>Investment<br>Income | From Net<br>Realized<br>Gains | Total |<br>Net Asset<br> Value,<br> End of<br> Period |
|  Quant International Small Cap Equity | Quant International Small Cap Equity | Quant International Small Cap Equity |  |  |  |  |  |  |
|  Class A: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.03 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.15 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.63 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.78 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.30) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.30) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.51 |
|  10/31/24 | 9.09 | 0.20 | 2.01 | 2.21 | (0.27) |  | (0.27) | 11.03 |
|  10/31/23 | 8.62 | 0.22 | 0.52 | 0.74 | (0.27) |  | (0.27) | 9.09 |
|  10/31/22 | 12.47 | 0.29 | (3.45) | (3.16) | (0.32) | (0.37) | (0.69) | 8.62 |
|  10/31/21 | 9.41 | 0.16 | 3.08 | 3.24 | (0.18) |  | (0.18) | 12.47 |
|  10/31/20 | 10.30 | 0.15 | (0.73) | (0.58) | (0.31) |  | (0.31) | 9.41 |
|  Class I: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 11.02 | 0.17 | 0.63 | 0.80 | (0.34) |  | (0.34) | 11.48 |
|  10/31/24 | 9.08 | 0.24 | 2.01 | 2.25 | (0.31) |  | (0.31) | 11.02 |
|  10/31/23 | 8.61 | 0.25 | 0.53 | 0.78 | (0.31) |  | (0.31) | 9.08 |
|  10/31/22 | 12.46 | 0.33 | (3.45) | (3.12) | (0.36) | (0.37) | (0.73) | 8.61 |
|  10/31/21 | 9.40 | 0.20 | 3.08 | 3.28 | (0.22) |  | (0.22) | 12.46 |
|  10/31/20 | 10.29 | 0.19 | (0.73) | (0.54) | (0.35) |  | (0.35) | 9.40 |
|  Premier Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 11.18 | 0.16 | 0.64 | 0.80 | (0.32) |  | (0.32) | 11.66 |
|  10/31/24 | 9.21 | 0.22 | 2.04 | 2.26 | (0.29) |  | (0.29) | 11.18 |
|  10/31/23 | 8.73 | 0.24 | 0.54 | 0.78 | (0.30) |  | (0.30) | 9.21 |
|  10/31/22 | 12.62 | 0.31 | (3.49) | (3.18) | (0.34) | (0.37) | (0.71) | 8.73 |
|  10/31/21 | 9.52 | 0.19 | 3.11 | 3.30 | (0.20) |  | (0.20) | 12.62 |
|  10/31/20 | 10.42 | 0.17 | (0.74) | (0.57) | (0.33) |  | (0.33) | 9.52 |
|  Class R6: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 11.03 | 0.17 | 0.62 | 0.79 | (0.34) |  | (0.34) | 11.48 |
|  10/31/24 | 9.09 | 0.24 | 2.01 | 2.25 | (0.31) |  | (0.31) | 11.03 |
|  10/31/23 | 8.62 | 0.25 | 0.53 | 0.78 | (0.31) |  | (0.31) | 9.09 |
|  10/31/22 | 12.48 | 0.33 | (3.45) | (3.12) | (0.37) | (0.37) | (0.74) | 8.62 |
|  10/31/21 | 9.41 | 0.20 | 3.09 | 3.29 | (0.22) |  | (0.22) | 12.48 |
|  10/31/20 | 10.30 | 0.19 | (0.73) | (0.54) | (0.35) |  | (0.35) | 9.41 |
|  Retirement Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 11.00 | 0.16 | 0.62 | 0.78 | (0.31) |  | (0.31) | 11.47 |
|  10/31/24 | 9.07 | 0.21 | 2.00 | 2.21 | (0.28) |  | (0.28) | 11.00 |
|  10/31/23 | 8.60 | 0.23 | 0.53 | 0.76 | (0.29) |  | (0.29) | 9.07 |
|  10/31/22 | 12.45 | 0.29 | (3.43) | (3.14) | (0.34) | (0.37) | (0.71) | 8.60 |
|  10/31/21 | 9.40 | 0.18 | 3.07 | 3.25 | (0.20) |  | (0.20) | 12.45 |
|  10/31/20 | 10.29 | 0.18 | (0.73) | (0.55) | (0.34) |  | (0.34) | 9.40 |
|  Class W: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 11.11 | 0.21 | 0.63 | 0.84 | (0.42) |  | (0.42) | 11.53 |
|  10/31/24 | 9.16 | 0.32 | 2.01 | 2.33 | (0.38) |  | (0.38) | 11.11 |
|  10/31/23 | 8.69 | 0.32 | 0.54 | 0.86 | (0.39) |  | (0.39) | 9.16 |
|  10/31/22 | 12.56 | 0.40 | (3.46) | (3.06) | (0.44) | (0.37) | (0.81) | 8.69 |
|  10/31/21 | 9.46 | 0.29 | 3.09 | 3.38 | (0.28) |  | (0.28) | 12.56 |
|  10/31/20 | 10.35 | 0.25 | (0.72) | (0.47) | (0.42) |  | (0.42) | 9.46 |

---

<sup>(a)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on average shares outstanding.

<sup>(b)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total returns are at NAV and do not include any sales charge. Total returns are not annualized. 

<sup>(c)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unaudited

<sup>(d)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annualized.

104 See Notes to Financial Statements

------

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| $|  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; | $|  | $|  | $|  | $|  |
|  |  | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data |
|  |  |  | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets |  |  |
| Total<br> Return<sup>(b)</sup> | Total<br> Return<sup>(b)</sup> | Net Assets,<br> End of<br> Period (000) | Gross<br> Expenses | Gross<br> Expenses | Net<br> Expenses | Net<br> Expenses | Net<br> Investment<br> Income (Loss) | Net<br> Investment<br> Income (Loss) | Portfolio<br>Turnover<br> Rate | Portfolio<br>Turnover<br> Rate |
|  | 7.21% | $931 |  | 1.08% <sup>(d)</sup> |  | 1.08% <sup>(d)</sup> |  | 2.81% <sup>(d)</sup> |  | 59% |
|  | 24.72 | 925 |  | 1.15 |  | 1.11 |  | 1.87 |  | 113 |
|  | 8.58 | 853 |  | 1.16 |  | 1.12 |  | 2.26 |  | 114 |
|  | (26.71) | 824 |  | 1.40 |  | 1.14 |  | 2.80 |  | 119 |
|  | 34.77 | 1134 |  | 2.20 |  | 1.12 |  | 1.31 |  | 119 |
|  | (5.93) | 757 |  | 1.44 |  | 1.09 |  | 1.60 |  | 100 |
|  | 7.42 | 168 |  | 0.77 <sup>(d)</sup> |  | 0.77 <sup>(d)</sup> |  | 3.26 <sup>(d)</sup> |  | 59 |
|  | 25.18 | 115 |  | 0.79 |  | 0.79 |  | 2.24 |  | 113 |
|  | 9.05 | 76 |  | 0.77 |  | 0.77 |  | 2.57 |  | 114 |
|  | (26.47) | 63 |  | 0.74 |  | 0.74 |  | 3.18 |  | 119 |
|  | 35.28 | 91 |  | 0.80 |  | 0.78 |  | 1.66 |  | 119 |
|  | (5.56) | 69 |  | 0.76 |  | 0.71 |  | 2.01 |  | 100 |
|  | 7.34 | 85 |  | 0.93 <sup>(d)</sup> |  | 0.91 <sup>(d)</sup> |  | 3.03 <sup>(d)</sup> |  | 59 |
|  | 24.99 | 82 |  | 0.93 |  | 0.91 |  | 2.05 |  | 113 |
|  | 8.85 | 68 |  | 0.93 |  | 0.91 |  | 2.48 |  | 114 |
|  | (26.53) | 64 |  | 0.90 |  | 0.90 |  | 3.01 |  | 119 |
|  | 35.08 | 92 |  | 0.96 |  | 0.88 |  | 1.56 |  | 119 |
|  | (5.71) | 70 |  | 0.91 |  | 0.85 |  | 1.85 |  | 100 |
|  | 7.46 | 73002 |  | 0.71 <sup>(d)</sup> |  | 0.71 <sup>(d)</sup> |  | 3.19 <sup>(d)</sup> |  | 59 |
|  | 25.20 | 74539 |  | 0.73 |  | 0.73 |  | 2.22 |  | 113 |
|  | 9.06 | 62099 |  | 0.74 |  | 0.74 |  | 2.63 |  | 114 |
|  | (26.44) | 66810 |  | 0.72 |  | 0.72 |  | 3.20 |  | 119 |
|  | 35.40 | 88124 |  | 0.71 |  | 0.69 |  | 1.73 |  | 119 |
|  | (5.51) | 54223 |  | 0.71 |  | 0.66 |  | 2.06 |  | 100 |
|  | 7.28 | 7006 |  | 0.97 <sup>(d)</sup> |  | 0.97 <sup>(d)</sup> |  | 2.91 <sup>(d)</sup> |  | 59 |
|  | 24.80 | 7454 |  | 0.98 |  | 0.98 |  | 1.95 |  | 113 |
|  | 8.86 | 7031 |  | 0.99 |  | 0.99 |  | 2.38 |  | 114 |
|  | (26.62) | 8463 |  | 0.97 |  | 0.97 |  | 2.98 |  | 119 |
|  | 35.00 | 4626 |  | 0.96 |  | 0.93 |  | 1.51 |  | 119 |
|  | (5.67) | 3259 |  | 0.96 |  | 0.84 |  | 1.93 |  | 100 |
|  | 7.80 | 1114757 |  | 0.71 <sup>(d)</sup> |  | 0.01 <sup>(d)</sup> |  | 3.90 <sup>(d)</sup> |  | 59 |
|  | 26.06 | 1148948 |  | 0.73 |  | 0.01 |  | 2.95 |  | 113 |
|  | 9.91 | 1001200 |  | 0.74 |  | 0.01 |  | 3.37 |  | 114 |
|  | (25.88) | 1118947 |  | 0.72 |  | 0.00 |  | 3.90 |  | 119 |
|  | 36.31 | 1485005 |  | 0.71 |  | 0.00 |  | 2.42 |  | 119 |
|  | (4.97) | 923105 |  | 0.71 |  | 0.00 |  | 2.73 |  | 100 |

---

See Notes to Financial Statements 105

------

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | Investment Operations | Investment Operations | Investment Operations | Less Distributions | Less Distributions | Less Distributions | |
| |<br>Net Asset<br>Value,<br>Beginning<br> of Period | Net<br>Investment<br>Income<br>(Loss)<sup>(a)</sup> | Net Realized/<br>Unrealized<br>Gain (Loss) | Total | From Net<br>Investment<br>Income | From Net<br>Realized<br>Gains | Total |<br>Net Asset<br> Value,<br> End of<br> Period |
|  International Responsible Equity | International Responsible Equity | International Responsible Equity |  |  |  |  |  |  |
|  Class A: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13.65 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.15 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.89 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.04 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.38) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.00)<sup>(d)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.38) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14.31 |
|  10/31/24 | 11.56 | 0.32 | 2.15 | 2.47 | (0.38) |  | (0.38) | 13.65 |
|  10/31/23 | 10.20 | 0.31 | 1.28 | 1.59 | (0.23) |  | (0.23) | 11.56 |
|  10/31/22 | 13.76 | 0.30 | (3.48) | (3.18) | (0.28) | (0.10) | (0.38) | 10.20 |
|  10/31/21 | 10.30 | 0.31 | 3.30 | 3.61 | (0.15) |  | (0.15) | 13.76 |
|  10/31/20 | 11.13 | 0.20 | (0.88) | (0.68) | (0.15) |  | (0.15) | 10.30 |
|  Class I: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 13.70 | 0.17 | 0.89 | 1.06 | (0.40) | (0.00)<sup>(d)</sup> | (0.40) | 14.36 |
|  10/31/24 | 11.59 | 0.34 | 2.17 | 2.51 | (0.40) |  | (0.40) | 13.70 |
|  10/31/23 | 10.24 | 0.33 | 1.27 | 1.60 | (0.25) |  | (0.25) | 11.59 |
|  10/31/22 | 13.81 | 0.29 | (3.45) | (3.16) | (0.31) | (0.10) | (0.41) | 10.24 |
|  10/31/21 | 10.33 | 0.35 | 3.30 | 3.65 | (0.17) |  | (0.17) | 13.81 |
|  10/31/20 | 11.16 | 0.21 | (0.86) | (0.65) | (0.18) |  | (0.18) | 10.33 |
|  Premier Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 13.73 | 0.15 | 0.91 | 1.06 | (0.40) | (0.00)<sup>(d)</sup> | (0.40) | 14.39 |
|  10/31/24 | 11.62 | 0.32 | 2.18 | 2.50 | (0.39) |  | (0.39) | 13.73 |
|  10/31/23 | 10.25 | 0.32 | 1.29 | 1.61 | (0.24) |  | (0.24) | 11.62 |
|  10/31/22 | 13.83 | 0.32 | (3.50) | (3.18) | (0.30) | (0.10) | (0.40) | 10.25 |
|  10/31/21 | 10.34 | 0.34 | 3.31 | 3.65 | (0.16) |  | (0.16) | 13.83 |
|  10/31/20 | 11.17 | 0.15 | (0.81) | (0.66) | (0.17) |  | (0.17) | 10.34 |
|  Class R6: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 13.72 | 0.17 | 0.90 | 1.07 | (0.42) | (0.00)<sup>(d)</sup> | (0.42) | 14.37 |
|  10/31/24 | 11.61 | 0.36 | 2.16 | 2.52 | (0.41) |  | (0.41) | 13.72 |
|  10/31/23 | 10.25 | 0.35 | 1.27 | 1.62 | (0.26) |  | (0.26) | 11.61 |
|  10/31/22 | 13.82 | 0.33 | (3.48) | (3.15) | (0.32) | (0.10) | (0.42) | 10.25 |
|  10/31/21 | 10.34 | 0.35 | 3.31 | 3.66 | (0.18) |  | (0.18) | 13.82 |
|  10/31/20 | 11.16 | 0.23 | (0.87) | (0.64) | (0.18) |  | (0.18) | 10.34 |
|  Retirement Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 13.64 | 0.16 | 0.88 | 1.04 | (0.38) | (0.00)<sup>(d)</sup> | (0.38) | 14.30 |
|  10/31/24 | 11.55 | 0.32 | 2.15 | 2.47 | (0.38) |  | (0.38) | 13.64 |
|  10/31/23 | 10.20 | 0.32 | 1.26 | 1.58 | (0.23) |  | (0.23) | 11.55 |
|  10/31/22 | 13.76 | 0.30 | (3.47) | (3.17) | (0.29) | (0.10) | (0.39) | 10.20 |
|  10/31/21 | 10.30 | 0.33 | 3.29 | 3.62 | (0.16) |  | (0.16) | 13.76 |
|  10/31/20 | 11.12 | 0.20 | (0.86) | (0.66) | (0.16) |  | (0.16) | 10.30 |

---

<sup>(a)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on average shares outstanding.

<sup>(b)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total returns are at NAV and do not include any sales charge. Total returns are not annualized. 

<sup>(c)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unaudited

<sup>(d)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Value rounded to zero.

<sup>(e)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annualized.

106 See Notes to Financial Statements

------

---

| | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| $|  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; | $|  | $|  | $|  | $|  |
|  |  | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data |
|  |  |  | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets |  |  |
| Total<br> Return<sup>(b)</sup> | Total<br> Return<sup>(b)</sup> | Net Assets,<br> End of<br> Period (000) | Gross<br> Expenses | Gross<br> Expenses | Net<br> Expenses | Net<br> Expenses | Net<br> Investment<br> Income (Loss) | Net<br> Investment<br> Income (Loss) | Portfolio<br>Turnover<br> Rate | Portfolio<br>Turnover<br> Rate |
|  | 7.81% | $36179 |  | 0.86% <sup>(e)</sup> |  | 0.65% <sup>(e)</sup> |  | 2.20% <sup>(e)</sup> |  | 12% |
|  | 21.74 | 35546 |  | 0.61 |  | 0.61 |  | 2.39 |  | 29 |
|  | 15.61 | 28059 |  | 0.63 |  | 0.63 |  | 2.60 |  | 30 |
|  | (23.72) | 21246 |  | 0.66 |  | 0.65 |  | 2.55 |  | 15 |
|  | 35.27 | 21846 |  | 0.70 |  | 0.70 |  | 2.41 |  | 12 |
|  | (6.18) | 10335 |  | 0.72 |  | 0.72 |  | 1.89 |  | 15 |
|  | 7.95 | 13004 |  | 0.33<sup>(e)</sup> |  | 0.30<sup>(e)</sup> |  | 2.52<sup>(e)</sup> |  | 12 |
|  | 22.04 | 14300 |  | 0.45 |  | 0.45 |  | 2.58 |  | 29 |
|  | 15.69 | 11987 |  | 0.49 |  | 0.49 |  | 2.75 |  | 30 |
|  | (23.55) | 8600 |  | 0.48 |  | 0.48 |  | 2.56 |  | 15 |
|  | 35.60 | 2557 |  | 0.46 |  | 0.46 |  | 2.66 |  | 12 |
|  | (5.96) | 1192 |  | 0.52 |  | 0.51 |  | 1.99 |  | 15 |
|  | 7.89 | 679 |  | 0.49<sup>(e)</sup> |  | 0.45<sup>(e)</sup> |  | 2.30<sup>(e)</sup> |  | 12 |
|  | 21.88 | 742 |  | 0.50 |  | 0.50 |  | 2.42 |  | 29 |
|  | 15.77 | 954 |  | 0.50 |  | 0.50 |  | 2.70 |  | 30 |
|  | (23.64) | 618 |  | 0.52 |  | 0.52 |  | 2.65 |  | 15 |
|  | 35.49 | 771 |  | 0.52 |  | 0.52 |  | 2.58 |  | 12 |
|  | (5.99) | 438 |  | 0.56 |  | 0.55 |  | 1.35 |  | 15 |
|  | 7.99 | 893401 |  | 0.33<sup>(e)</sup> |  | 0.30<sup>(e)</sup> |  | 2.58<sup>(e)</sup> |  | 12 |
|  | 22.15 | 854575 |  | 0.34 |  | 0.34 |  | 2.68 |  | 29 |
|  | 15.85 | 715703 |  | 0.34 |  | 0.34 |  | 2.90 |  | 30 |
|  | (23.47) | 657816 |  | 0.37 |  | 0.37 |  | 2.85 |  | 15 |
|  | 35.70 | 556304 |  | 0.36 |  | 0.36 |  | 2.68 |  | 12 |
|  | (5.83) | 338692 |  | 0.41 |  | 0.40 |  | 2.21 |  | 15 |
|  | 7.83 | 811001 |  | 0.58<sup>(e)</sup> |  | 0.55<sup>(e)</sup> |  | 2.38<sup>(e)</sup> |  | 12 |
|  | 21.80 | 710094 |  | 0.59 |  | 0.59 |  | 2.41 |  | 29 |
|  | 15.58 | 629526 |  | 0.59 |  | 0.59 |  | 2.66 |  | 30 |
|  | (23.66) | 457544 |  | 0.62 |  | 0.62 |  | 2.60 |  | 15 |
|  | 35.42 | 386981 |  | 0.61 |  | 0.61 |  | 2.50 |  | 12 |
|  | (6.08) | 162780 |  | 0.66 |  | 0.65 |  | 1.91 |  | 15 |

---

See Notes to Financial Statements 107

------

## Notes to Financial Statements
(Unaudited)

1. General Information

Trust and Fund Information: TIAA-CREF Funds (the "Trust") is an open-end management investment company registered under the Investment Company Act of 1940, ("1940 Act"), as amended. The Trust is comprised of the following (collectively the "Funds" or individually, the "Fund"), among others:

---

| | |
|:---|:---|
| Fund Name | Short Name |
| Nuveen Core Equity Fund | Core Equity |
| Nuveen Large Cap Growth Fund | Large Cap Growth |
| Nuveen Large Cap Value Fund | Large Cap Value |
| Nuveen Quant Mid Cap Growth Fund | Quant Mid Cap Growth |
| Nuveen Mid Cap Value Fund | Mid Cap Value |
| Nuveen Quant Small Cap Equity Fund | Quant Small Cap Equity |
| Nuveen Quant Small/Mid Cap Equity Fund | Quant Small/Mid Cap Equity |
| Nuveen Large Cap Responsible Equity Fund | Large Cap Responsible Equity |
| Nuveen Emerging Markets Equity Fund | Emerging Markets Equity |
| Nuveen International Equity Fund | International Equity |
| Nuveen International Opportunities Fund | International Opportunities |
| Nuveen Quant International Small Cap Equity Fund | Quant International Small Cap Equity |
| Nuveen International Responsible Equity Fund | International Responsible Equity |

---

Fund Name Changes: Effective March 1, 2025, Nuveen Mid Cap Growth Fund changed its name as noted above to Quant Mid Cap Growth and therefore all references to the name of the Fund in this report have been updated.

Fund Reorganizations: At a special meeting held on March 5, 2025, shareholders of Nuveen Mid Cap Value 1 Fund did not approve the proposed reorganization of the fund into Mid Cap Value, which was previously approved by the Board of Directors/Trustees of the Funds (the "Board") on September 19, 2024.

Effective after the close of business on December 13, 2024, Nuveen Social Choice Low Carbon Equity Fund (the "Target Fund") was merged into Large Cap Responsible Equity (the "Acquiring Fund") (the "Reorganization").

Upon closing of the Reorganization, the Target Fund transferred its assets to the Acquiring Fund in exchange for shares of the Acquiring Fund and the assumption by the Acquiring Fund of the liabilities of the Target Fund. The Acquiring Fund shares were distributed to Target Fund shareholders and the Target Fund was terminated. Each Target Fund shareholder received Acquiring Fund shares with a total value equal to the total value of that shareholder's Target Fund shares immediately prior to the closing of the Reorganization.

Details of the Reorganization are further described in Note 12 – Fund Reorganization.

Current Fiscal Period: The end of the reporting period for the Funds is April 30, 2025, and the period covered by these Notes to Financial Statements is the six months ended April 30, 2025 (the "current fiscal period").

Investment Adviser: Teachers Advisors, LLC (the "Adviser"), a wholly owned indirect subsidiary of Teachers Insurance and Annuity Association of America ("TIAA"), is registered with the Securities and Exchange Commission ("SEC") as an investment adviser and provides investment management services for the Funds.

Share Classes and Sales Charges: The Funds offer up to six share classes, although any one Fund may not necessarily offer all six classes. The Funds may offer Class A, Class I, Premier Class, Class R6, Retirement Class and Class W shares. Each class differs by the allocation of class-specific expenses and voting rights in matters affecting a single class. The Funds offer their shares through their principal underwriter, Nuveen Securities, LLC ("Nuveen Securities"), which is a wholly owned indirect subsidiary of TIAA.

Class A Shares are generally sold with an up-front sales charge. Class A Share purchases of $1 million or more are sold at net asset value ("NAV") without an up-front sales charge but may be subject to a contingent deferred sales charge ("CDSC") of 1% if redeemed within eighteen months of purchase. Class I, Premier Class, Class R6, Retirement Class and Class W shares are sold without an up- front sales charge.

108.0 ------

2. Significant Accounting Policies

The accompanying financial statements were prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"), which may require the use of estimates made by management and the evaluation of subsequent events. Actual results may differ from those estimates. The Funds are investment companies and follow the accounting guidance in the Financial Accounting Standards Board ("FASB") Accounting Standards Codification 946, Financial Services—Investment Companies. The NAV for financial reporting purposes may differ from the NAV for processing transactions. The NAV for financial reporting purposes includes security and shareholder transactions through the date of the report. Total return is computed based on the NAV used for processing transactions. The following is a summary of the significant accounting policies consistently followed by the Funds.

Compensation: The Funds pay the members of the Board all of whom are independent, certain remuneration for their services, plus travel and other expenses. The Board has adopted a deferred compensation plan for independent trustees that enables trustees to elect to defer receipt of all or a portion of the annual compensation they are entitled to receive from certain Nuveen-advised funds. Under the plan, deferred amounts are treated as though equal dollar amounts had been invested in shares of select Nuveen-advised funds. Amounts deferred are retained by the Funds until paid. Amounts payable to the trustees for compensation are included separately in the accompanying Statement of Assets and Liabilities. Trustees' fees, including any deferred compensation incurred, are reflected in the Statement of Operations.

Distributions to Shareholders: Distributions to shareholders are recorded on the ex-dividend date. The amount, character and timing of distributions are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP.

Foreign Currency Transactions and Translation: The books and records of the Funds are maintained in U.S. dollars. Assets, including investments, and liabilities denominated in foreign currencies are translated into U.S. dollars at the end of each day. Purchases and sales of securities, income, and expenses are translated into U.S. dollars at the prevailing exchange rate on the respective dates of the transactions.

Net realized foreign currency gains and losses resulting from changes in exchange rates associated with (i) foreign currency, (ii) investments and (iii) derivatives include foreign currency gains and losses between trade date and settlement date of the transactions, foreign currency transactions, and the difference between the amounts of interest and dividends recorded on the books of the Funds and the amounts actually received and are recognized as a component of "Net realized gain (loss) from foreign currency transactions" on the Statement of Operations, when applicable.

The unrealized gains and losses resulting from changes in foreign currency exchange rates and changes in foreign exchange rates associated with (i) investments and (ii) other assets and liabilities are recognized as a component of "Change in unrealized appreciation (depreciation) of foreign currency translations" on the Statement of Operations, when applicable. The unrealized gains and losses resulting from changes in foreign exchange rates associated with investments in derivatives are recognized as a component of the respective derivative's related "Change in unrealized appreciation (depreciation)" on the Statement of Operations, when applicable.

Foreign Taxes: The Funds may be subject to foreign taxes on income, gains on investments or currency repatriation, a portion of which may be recoverable. The Funds will accrue such taxes and recoveries as applicable, based upon the current interpretation of tax rules and regulations that exist in the markets in which the Funds invest.

Indemnification: Under the Trust's organizational documents, its officers and trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust. In addition, in the normal course of business, the Trust enters into contracts that provide general indemnifications to other parties. The Trust's maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Trust that have not yet occurred. However, the Trust has not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

Investments and Investment Income: Securities transactions are accounted for as of the trade date for financial reporting purposes. Interest income is recorded on an accrual basis and includes accretion of discounts and amortization of premiums. Dividend income is recorded on the ex-dividend date. Foreign dividend income is recorded on the ex-dividend date or as soon as possible after the Funds determine the existence of a dividend declaration. Securities lending income is comprised of fees earned from borrowers and income earned on cash collateral investments. Realized gains and losses on securities transactions are based upon the specific identification method. Distributions received on securities that represent a return of capital or capital gains are recorded as a reduction of cost of investments and/or as a realized gain. The Funds estimate the components of distributions received that may be considered return of capital distributions or capital gain distributions.

Multiclass Operations and Allocations: Income, expenses, realized gains and losses and unrealized appreciation and depreciation of a Fund are allocated on a pro rata basis to each class of shares, except for service agreement fees, distribution fees and transfer agency fees and expenses, which are unique to each class of shares. Most expenses of the Trust can be directly attributed to a Fund. Expenses that cannot be directly attributed are allocated to each Fund in the Trust based upon the average net assets of each Fund.

109.0 ------

## Notes to Financial Statements (continued)
Netting Agreements: In the ordinary course of business, the Funds may enter into transactions subject to enforceable master repurchase agreements, International Swaps and Derivatives Association, Inc. (ISDA) master agreements or other similar arrangements ("netting agreements"). Generally, the right to offset in netting agreements allows each Fund to offset certain securities and derivatives with a specific counterparty, when applicable, as well as any collateral received or delivered to that counterparty based on the terms of the agreements. Generally, each Fund manages its cash collateral and securities collateral on a counterparty basis. With respect to certain counterparties, in accordance with the terms of the netting agreements, collateral posted to the Funds is held in a segregated account by the Funds' custodian and/or with respect to those amounts which can be sold or repledged, are presented in the Funds' Portfolio of Investments or Statement of Assets and Liabilities.

The Funds' investments subject to netting agreements as of the end of the reporting period, if any, are further described later in these Notes to Financial Statements.

New Accounting Pronouncement: In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740) Improvements to Income tax disclosures ("ASU 2023-09"). The primary purpose of the amendments within ASU 2023-09 is to enhance the transparency and decision usefulness of income tax disclosures primarily related to the rate reconciliation table and income taxes paid information. The amendments in ASU 2023-09 are effective for annual periods beginning after December 15, 2024. Management is currently evaluating the implications of these changes on the financial statements.

Segment Reporting: In November 2023, the FASB issued Accounting Standard Update ("ASU") No. 2023-07, Segment Reporting (Topic 280) Improvements to Reportable Segment Disclosures ("ASU 2023-07"). The amendments in ASU 2023-07 improve reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. ASU 2023-07 also requires a public entity that has a single reportable segment to provide all the disclosures required by the amendments in ASU 2023-07 and all existing segment disclosures in Topic 280. The amendments in ASU 2023-07 are effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. The Funds adopted ASU 2023-07 during the current reporting period. Adoption of the new standard impacted financial statement disclosures only and did not affect the Funds' financial positions or the results of their operations.

The officers of the Funds act as the chief operating decision maker ("CODM"). Each Fund represents a single operating segment. The CODM monitors the operating results of each Fund as a whole and is responsible for each Fund's long-term strategic asset allocation in accordance with the terms of its prospectus, based on a defined investment strategy which is executed by the Fund's portfolio managers as a team. The financial information in the form of the Fund's portfolio composition, total returns, expense ratios and changes in net assets (i.e., changes in net assets resulting from operations, subscriptions and redemptions), which are used by the CODM to assess the segment's performance versus the Fund's comparative benchmarks and to make resource allocation decisions for the Fund's single segment, is consistent with that presented within the Fund's financial statements. Segment assets are reflected on the Statement of Assets and Liabilities as "total assets" and significant segment revenues and expenses are listed on the Statement of Operations.

3. Investment Valuation and Fair Value Measurements

The Funds' investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Adviser, subject to the oversight of the Board. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy that is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management's assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.

• Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.

• Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).

• Level 3 – Prices are determined using significant unobservable inputs (including management's assumptions in determining the fair value of investments).

A description of the valuation techniques applied to the Funds' major classifications of assets and liabilities measured at fair value follows:

110.0 ------

Prices of fixed-income securities are provided by pricing services approved by the Adviser, which is subject to review by the Adviser and oversight of the Board. Pricing services establish a security's fair value using methods that may include consideration of the following: yields or prices of investments of comparable quality, type of issue, coupon, maturity and rating, market quotes or indications of value from security dealers, evaluations of anticipated cash flows or collateral, general market conditions and other information and analysis, including the obligor's credit characteristics considered relevant. In pricing certain securities, particularly less liquid and lower quality securities, pricing services may consider information about a security, its issuer or market activity provided by the Adviser. These securities are generally classified as Level 2.

Equity securities and exchange-traded funds listed or traded on a national market or exchange are valued based on their last reported sales price or official closing price of such market or exchange on the valuation date. Foreign equity securities and registered investment companies that trade on a foreign exchange are valued at the last reported sales price or official closing price on the principal exchange where traded, and converted to U.S. dollars at the prevailing rates of exchange on the valuation date. For events affecting the value of foreign securities between the time when the exchange on which they are traded closes and the time when the Funds' net assets are calculated, such securities will be valued at fair value in accordance with procedures adopted by the Adviser, subject to the oversight of the Board. To the extent these securities are actively traded and no valuation adjustments are applied, they are generally classified as Level 1. When valuation adjustments are applied to the most recent last sales price or official closing price, these securities are generally classified as Level 2.

Investments in investment companies are valued at their respective NAVs or share price on the valuation date and are generally classified as Level 1.

Repurchase agreements are valued at contract amount plus accrued interest, which approximates market value. These securities are generally classified as Level 2.

Futures contracts are valued using the closing settlement price or, in the absence of such a price, the last traded price and are generally classified as Level 1.

For any portfolio security or derivative for which market quotations are not readily available or for which the Adviser deems the valuations derived using the valuation procedures described above not to reflect fair value, the Adviser will determine a fair value in good faith using alternative procedures approved by the Adviser, subject to the oversight of the Board. As a general principle, the fair value of a security is the amount that the owner might reasonably expect to receive for it in a current sale. A variety of factors may be considered in determining the fair value of such securities, which may include consideration of the following: yields or prices of investments of comparable quality, type of issue, coupon, maturity and rating, market quotes or indications of value from security dealers, evaluations of anticipated cash flows or collateral, general market conditions and other information and analysis, including the obligor's credit characteristics considered relevant. To the extent the inputs are observable and timely, the values would be classified as Level 2; otherwise they would be classified as Level 3.

The following table summarizes the market value of the Funds' investments as of the end of the current fiscal period, based on the inputs used to value them:

---

| | | | | |
|:---|:---|:---|:---|:---|
| Fund | Level 1 | Level 2 | Level 3 | Total |
|  Core Equity |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common stocks | $6372712688 | $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$— | $6372712688 |
|  Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government agency debt |  | 4983550 |  | 4983550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repurchase agreement |  | 13476000 |  | 13476000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Treasury debt |  | 4997080 |  | 4997080 |
|  Total | $6372712688 | $23456630 | $— | $6396169318 |
|  <br> Large Cap Growth |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common stocks | $5458177502 | $199041270 | $— | $5657218772 |
|  Investments purchased with collateral from securities lending | 12275993 |  |  | 12275993 |
|  Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repurchase agreement |  | 32242000 |  | 32242000 |
|  Total | $5470453495 | $231283270 | $— | $5701736765 |
|  <br> Large Cap Value |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common stocks | $6162186472 | $— | $— | $6162186472 |
|  Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government agency debt |  | 4983550 |  | 4983550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repurchase agreement |  | 18174000 |  | 18174000 |
|  Total | $6162186472 | $23157550 | $— | $6185344022 |

---

111.0 ------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Fund | Level 1 | Level 2 | Level 3 | Total |
|  Quant Mid Cap Growth |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common stocks | $804434323 | $— | $1537 | $804435860 |
|  Investments purchased with collateral from securities lending | 9333 |  |  | 9333 |
|  Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repurchase agreement |  | 1259000 |  | 1259000 |
|  Total | $804443656 | $1259000 | $1537 | $805704193 |
|  <br> Mid Cap Value |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common stocks | $1617658310 | $— | $— | $1617658310 |
|  Investments purchased with collateral from securities lending | 519 |  |  | 519 |
|  Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repurchase agreement |  | 9209000 |  | 9209000 |
|  Total | $1617658829 | $9209000 | $— | $1626867829 |
|  <br> Quant Small Cap Equity |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common stocks | $3007115255 | $— | $— | $3007115255 |
|  Investments purchased with collateral from securities lending | 30472345 |  |  | 30472345 |
|  Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government agency debt |  | 9976500 |  | 9976500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repurchase agreement |  | 30008000 |  | 30008000 |
|  Investments in Derivatives: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures contracts\* | (1037856) |  |  | (1037856) |
|  Total | $3036549744 | $39984500 | $— | $3076534244 |
|  <br> Quant Small/Mid Cap Equity |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common stocks | $1364846199 | $— | $418 | $1364846617 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment companies | 20848950 |  |  | 20848950 |
|  Investments purchased with collateral from securities lending | 2741736 |  |  | 2741736 |
|  Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repurchase agreement |  | 6297000 |  | 6297000 |
|  Total | $1388436885 | $6297000 | $418 | $1394734303 |
|  <br> Large Cap Responsible Equity |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common stocks | $6165157442 | $— | $— | $6165157442 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment companies | 8823940 |  |  | 8823940 |
|  Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government agency debt |  | 4983550 |  | 4983550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repurchase agreement |  | 30798000 |  | 30798000 |
|  Investments in Derivatives: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures contracts\* | 717129 |  |  | 717129 |
|  Total | $6174698511 | $35781550 | $— | $6210480061 |
|  <br> Emerging Markets Equity |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common stocks | $384383838 | $1203835662 | $223 | $1588219723 |
|  Investments purchased with collateral from securities lending | 6599730 |  |  | 6599730 |
|  Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repurchase agreement |  | 12571000 |  | 12571000 |
|  Total | $390983568 | $1216406662 | $223 | $1607390453 |
|  <br> International Equity |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common stocks | $526161518 | $5795869227 | $— | $6322030745 |
|  Investments purchased with collateral from securities lending | 119980747 |  |  | 119980747 |
|  Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government agency debt |  | 4983550 |  | 4983550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repurchase agreement |  | 101090000 |  | 101090000 |
|  Total | $646142265 | $5901942777 | $— | $6548085042 |

---

112.0 ------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Fund | Level 1 | Level 2 | Level 3 | Total |
|  International Opportunities |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common stocks | $518891789 | $1724485067 | $1610 | $2243378466 |
|  Investments purchased with collateral from securities lending | 15854774 |  |  | 15854774 |
|  Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government agency debt |  | 4983550 |  | 4983550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repurchase agreement |  | 45890000 |  | 45890000 |
|  Total | $534746563 | $1775358617 | $1610 | $2310106790 |
|  <br> Quant International Small Cap Equity |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common stocks | $175631946 | $980846569 | $161280 | $1156639795 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment companies | 29833383 |  |  | 29833383 |
|  Investments purchased with collateral from securities lending | 19463222 |  |  | 19463222 |
|  Total | $224928551 | $980846569 | $161280 | $1205936400 |
|  <br> International Responsible Equity |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common stocks | $29305353 | $1697716328 | $— | $1727021681 |
|  Investments purchased with collateral from securities lending | 28462853 |  |  | 28462853 |
|  Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repurchase agreement |  | 17553000 |  | 17553000 |
|  Investments in Derivatives: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures contracts\* | 918059 |  |  | 918059 |
|  Total | $58686265 | $1715269328 | $— | $1773955593 |

---

<sup>\*</sup> Represents net unrealized appreciation (depreciation).

4. Portfolio Securities

Repurchase Agreements: In connection with transactions in repurchase agreements, it is the Fund's policy that its custodian take possession of the underlying collateral securities, the fair value of which exceeds the principal amount of the repurchase transaction, including accrued interest, at all times. If the counterparty defaults, and the fair value of the collateral declines, realization of the collateral may be delayed or limited.

The following table presents the repurchase agreements for the Funds that are subject to netting agreements as of the end of the reporting period, and the collateral delivered related to those repurchase agreements:

---

| | | | |
|:---|:---|:---|:---|
| Fund | Counterparty | Short-term Investments,<br>at Value | Collateral Pledged<br>(From) Counterparty |
|  Core Equity | Bank of New York Mellon Corp | $13476000 | $(13745605) |
|  Large Cap Growth | Bank of New York Mellon Corp | 32242000 | (32886896) |
|  Large Cap Value | Bank of New York Mellon Corp | 18174000 | (18537531) |
|  Quant Mid Cap Growth | Bank of New York Mellon Corp | 1259000 | (1284205) |
|  Mid Cap Value | Bank of New York Mellon Corp | 9209000 | (9393257) |
|  Quant Small Cap Equity | Bank of New York Mellon Corp | 30008000 | (30608239) |
|  Quant Small/Mid Cap Equity | Bank of New York Mellon Corp | 6297000 | (6423035) |
|  Large Cap Responsible Equity | Bank of New York Mellon Corp | 30798000 | (31414039) |
|  Emerging Markets Equity | Bank of New York Mellon Corp | 12571000 | (12822473) |
|  International Equity | Bank of New York Mellon Corp | 101090000 | (103111818) |
|  International Opportunities | Bank of New York Mellon Corp | 45890000 | (46807801) |
|  International Responsible Equity | Bank of New York Mellon Corp | 17553000 | (17904069) |

---

Securities Lending: Certain Funds may lend their securities to qualified institutional borrowers to earn additional income. A Fund receives cash collateral and non-cash collateral (in the form of Treasury securities or other collateral permitted by applicable law) against the loaned securities and maintains collateral in an amount not less than 100% of the market value of loaned securities during the period of the loan; any additional collateral required due to changes in security values is delivered to the Fund the next business day. Cash collateral received by the Fund will generally be invested in high-quality short-term instruments or in one or more funds maintained by the securities lending agent ("Agent") for the purpose of investing cash collateral.

The value of the loaned securities and the liability to return the cash collateral received are reflected in the Statement of Assets and Liabilities. Non-cash collateral is not disclosed in the Funds' Statement of Assets and Liabilities as it is held by the Agent or by a third-party bank engaged by the Agent as a special "tri-party" custodian on behalf of the Funds, and the Funds do not have the ability to sell or re-hypothecate those securities.

113.0 ------

As of the end of the current fiscal period, securities lending transactions are for equity and fixed income securities, and the resulting loans are continuous, can be recalled at any time, and have no set maturity. Securities lending income recognized by the Funds consists of earnings on invested collateral and lending fees, net of any rebates to the borrower and compensation to the Agent. Such income is reflected separately in the Statement of Operations. In lending its securities, a Fund bears the market risk with respect to the investment of collateral and the risk that the Agent may default on its contractual obligations to the Fund. The Agent bears the risk that the borrower may default on its obligation to return the loaned securities as the Agent is contractually obligated to indemnify the Fund if at the time of a default by a borrower some or all of the loan securities have not been returned.

As of the end of the current fiscal period, the total value of securities on loan and the total value of collateral received were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Aggregate Value of <br> Securities on Loan  | | | |
| Fund | Equity<br> Securities | Cash Collateral<br> Received<sup>\*</sup> | Non-Cash Collateral<br> Received<sup>\*\*</sup> | Total Collateral<br> Received |
|  Large Cap Growth | $11932145 | $12275993 | $– | $12275993 |
|  Quant Mid Cap Growth | 4322096 | 9333 | 5251416 | 5260749 |
|  Mid Cap Value | 1626600 | 519 | 1652970 | 1653489 |
|  Quant Small Cap Equity | 50223246 | 30472345 | 19650734 | 50123079 |
|  Quant Small/Mid Cap Equity | 3067900 | 2741736 | 451594 | 3193330 |
|  Emerging Markets Equity | 17040538 | 6599730 | 11672964 | 18272694 |
|  International Equity | 108876709 | 119980747 |  | 119980747 |
|  International Opportunities | 17080634 | 15854774 | 1754905 | 17609679 |
|  Quant International Small Cap Equity | 42772132 | 19463222 | 25181513 | 44644735 |
|  International Responsible Equity | 42331048 | 28462853 | 15887524 | 44350377 |

---

\*May include cash and investment of cash collateral.

\*\*As of the end of the current fiscal period, the non-cash collateral received by the Funds was comprised of U.S. Treasury securities.

Purchases and Sales: Long-term purchases and sales (excluding in-kind transactions) during the current fiscal period were as follows:

---

| | | |
|:---|:---|:---|
| Fund | Non-U.S. Government<br>Purchases | Non-U.S. Government<br>Sales |
|  Core Equity | $4064931009 | $3725431511 |
|  Large Cap Growth | 1412290608 | 1763643295 |
|  Large Cap Value | 473551979 | 993689273 |
|  Quant Mid Cap Growth | 886043643 | 992853707 |
|  Mid Cap Value | 315150085 | 392975152 |
|  Quant Small Cap Equity | 1091237835 | 1197196912 |
|  Quant Small/Mid Cap Equity | 690326169 | 587218466 |
|  Large Cap Responsible Equity | 1843724777 | 2029934142 |
|  Emerging Markets Equity | 887277572 | 895279248 |
|  International Equity | 1101336319 | 1584064660 |
|  International Opportunities | 666519843 | 764101186 |
|  Quant International Small Cap Equity | 707015155 | 811644655 |
|  International Responsible Equity | 223476429 | 199423330 |

---

The Funds may purchase securities on a when-issued or delayed-delivery basis. Securities purchased on a when-issued or delayed- delivery basis may have extended settlement periods; interest income is not accrued until settlement date. Any securities so purchased are subject to market fluctuation during this period. If the Funds have outstanding when-issued/delayed-delivery purchases commitments as of the end of the reporting period, such amounts are recognized on the Statement of Assets and Liabilities.

5. Derivative Investments

Each Fund is authorized to invest in certain derivative instruments. As defined by U.S. GAAP, a derivative is a financial instrument whose value is derived from an underlying security price, foreign exchange rate, interest rate, index of prices or rates, or other variables. Investments in derivatives as of the end of and/or during the current fiscal period, if any, are included within the Statement of Assets and Liabilities and the Statement of Operations, respectively.

Futures Contracts: Certain Funds are subject to equity price and interest rate risk in the normal course of pursuing their investment objectives. During the current fiscal period, the Funds listed below used equity index futures to equitize cash in their portfolios.

A futures contract is an agreement between two parties to buy and sell a financial instrument for a set price on a future date. Upon execution of a futures contract, the Fund is obligated to deposit cash or eligible securities, also known as "initial margin," into an account at its clearing broker equal to a specified percentage of the contract amount. Securities deposited for initial margin, if any, are identified in the Portfolio of Investments and cash deposited for initial margin, if any, is reflected on the Statement of Assets and Liabilities.

114.0 ------

During the period the futures contract is open, changes in the market value of the contract are recognized as an unrealized gain or loss by "marking-to-market" on a daily basis. The Fund and the clearing broker are obligated to settle monies on a daily basis representing the changes in the value of the contracts. These daily cash settlements are known as "variation margin" which are recognized on the Statement of Assets and Liabilities as a receivable or payable for variation margin on futures contracts. When the contract is closed or expired, the Fund records a realized gain or loss equal to the difference between the value of the contract on the closing date and value of the contract when originally entered into. The net realized gain or loss and the change in unrealized appreciation (depreciation) on futures contracts held during the period is included on the Statement of Operations.

Risks of investments in futures contracts include the possible adverse movement in the price of the securities or indices underlying the contracts, the possibility that there may not be a liquid secondary market for the contracts and/or that a change in the value of the contract may not correlate with a change in the value of the underlying securities or indices.

The average notional amount of futures contracts outstanding during the current fiscal period was as follows:

---

| | |
|:---|:---|
| Fund | Average Notional Amount of Futures Contracts Outstanding\* |
|  Quant Small Cap Equity | $23268521 |
|  Large Cap Responsible Equity | 29493484 |
|  International Responsible Equity | 16559402 |

---

\* The average notional amount is calculated based on the absolute aggregate notional amount of contracts outstanding at the beginning of the current fiscal period and at the end of each fiscal quarter within the current fiscal period. 

As of the end of the reporting period, the following Funds have invested in derivative contracts which are reflected in the Statement of Assets and Liabilities as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |  | Asset Derivatives | Asset Derivatives | Liability Derivatives | Liability Derivatives |
| Derivative Instrument | Risk Exposure | Location | Value | Location | Value |
| Quant Small Cap Equity |  |  |  |  |  |
|  Futures contracts | Equity |  | $– | Unrealized depreciation<br> on futures contracts<sup>\*</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(1037856) |
| Large Cap Responsible |  |  |  |  |  |
|  Equity Futures contracts | Equity | Unrealized appreciation<br> on futures contracts<sup>\*</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;717129 |  |  |
| International Responsible |  |  |  |  |  |
| Equity Futures contracts | Equity | Unrealized appreciation<br> on futures contracts<sup>\*</sup> | 918059 |  |  |

---

\* Value represents the cumulative unrealized appreciation (depreciation) of cleared derivative contracts as reported in the Fund's Portfolio of Investments. The Statement of Assets and Liabilities only reflects the current day variation margin receivable/payable from/to brokers on open cleared derivative contracts. 

During the current fiscal period, the effect of derivative contracts on the Funds' Statement of Operations was as follows:

---

| | | | |
|:---|:---|:---|:---|
| Derivative Instrument | Risk Exposure | Net Realized Gain<br>(Loss) | Change in Unrealized<br>Appreciation<br>(Depreciation) |
|  Quant Small Cap Equity<br> Futures contracts | Equity | $(2172971) | $(513858) |
|  Large Cap Responsible Equity<br> Futures contracts | Equity | (6453412) | 1491682 |
|  International Responsible Equity<br> Futures contracts | Equity | 488362 | 1276310 |

---

115.0 ------

6. Fund Shares

Transactions in Fund shares during the current and prior fiscal period were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Six Months Ended<br> 4/30/25 | Six Months Ended<br> 4/30/25 | Year Ended<br> 10/31/24 | Year Ended<br> 10/31/24 |
| Core Equity | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 625221 | $16660774  | 1551115 | $38504550  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 388745 | 6328754  | 131706 | 1941665  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 239651 | 3672728  | 247960 | 3669275  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 20367357 | 305610671  | 12281684 | 183440869  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 18567500 | 286442980  | 3980626 | 63561097  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 10857461 | 156786202  | 4553676 | 68277358  |
|  Total subscriptions | 51045935 | 775502109  | 22746767 | 359394814  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 3768899 | 104507719  | 8646053 | 185053857  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 48013 | 749922  | 62060 | 786861  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 55069 | 862443  | 101733 | 1294172  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 11805823 | 184236611  | 23960027 | 303640108  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 3775510 | 61333208  | 6756759 | 88664579  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 13626793 | 212986768  | 32461512 | 407412638  |
|  Total reinvestments of distributions | 33080107 | 564676671  | 71988144 | 986852215  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (2933526) | (77749935) | (5507441) | (136280326)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (108568) | (1653403) | (210286) | (3179887)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | (49151) | (753099) | (228746) | (3529369)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (11084965) | (158237064) | (20896644) | (311282266)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (714491) | (11325666) | (3693637) | (56424077)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | (10985843) | (172909198) | (39326997) | (590590901)  |
|  Total redemptions | (25876544) | (422628365) | (69863751) | (1101286826)  |
|  Net increase (decrease) from shareholder transactions | 58249498 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;917550415  | 24871160 | $244960203  |
|  | <br> Six Months Ended<br> 4/30/25 | <br> Six Months Ended<br> 4/30/25 | Year Ended<br> 10/31/24 | Year Ended<br> 10/31/24 |
| Large Cap Growth | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 597970 | $16668942  | 1664876 | $42354622  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 52735 | 1479840  | 110790 | 2872026  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 45126 | 1324631  | 132827 | 3317310  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 4789626 | 130137340  | 9743557 | 248314746  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 318036 | 8929076  | 1656033 | 40295505  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 6167909 | 166266716  | 5958631 | 156576146  |
|  Total subscriptions | 11971402 | 324806545  | 19266714 | 493730355  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 2984255 | 87140244  | – | –  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 12104 | 355245  | 266 | 6023  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 7755 | 228085  | 71 | 1605  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 3834574 | 112659770  | 148500 | 3370945  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 904165 | 26256946  | 2689 | 60378  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 5761817 | 169051703  | 670234 | 15194214  |
|  Total reinvestments of distributions | 13504670 | 395691993  | 821760 | 18633165  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (2669694) | (73739342) | (4099568) | (105731293)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (17774) | (510039) | (87229) | (2370082)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | (25697) | (717713) | (366938) | (10049077)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (8109848) | (224651725) | (15302380) | (388999643)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (1953638) | (53720849) | (3153356) | (81811841)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | (10398067) | (303782065) | (30967230) | (814656032)  |
|  Total redemptions | (23174718) | (657121733) | (53976701) | (1403617968)  |
|  Net increase (decrease) from shareholder transactions | 2301354 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;63376805  | (33888227) | $(891254448)  |

---

116.0 ------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | <br> Six Months Ended<br> 4/30/25 | <br> Six Months Ended<br> 4/30/25 | Year Ended<br> 10/31/24 | Year Ended<br> 10/31/24 |
| Large Cap Value | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 133403 | $2827569  | 342105 | $6951327  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 4775 | 108706  | 5168 | 113657  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 57748 | 1339430  | 1164317 | 24095459  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 3642741 | 82199968  | 42851735 | 915683840  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 4784934 | 110511651  | 19439851 | 418147150  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 5017696 | 114293959  | 11041329 | 241178947  |
|  Total subscriptions | 13641297 | 311281283  | 74844505 | 1606170380  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 279987 | 6072920  | 664368 | 11905473  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 651 | 15037  | 2160 | 41140  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 82163 | 1898781  | 169913 | 3235151  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 5404502 | 125006127  | 8873121 | 169121679  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 1744065 | 40165816  | 2286087 | 43412797  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 4070432 | 94026972  | 9601832 | 182818865  |
|  Total reinvestments of distributions | 11581800 | 267185653  | 21597481 | 410535105  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (482251) | (10231931) | (840229) | (16736111)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (3495) | (81205) | (12928) | (276092)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | (348055) | (7942744) | (586757) | (13241957)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (22577913) | (503540808) | (5629174) | (116629822)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (2633483) | (58863482) | (1610542) | (33425526)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | (12854955) | (297506310) | (25134786) | (540382946)  |
|  Total redemptions | (38900152) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(878166480) | (33814416) | (720692454)  |
|  Net increase (decrease) from shareholder transactions | (13677055) | $(299699544) | 62627570 | $1296013031  |
|  | <br> Six Months Ended<br> 4/30/25 | <br> Six Months Ended<br> 4/30/25 | Year Ended<br> 10/31/24 | Year Ended<br> 10/31/24 |
| Quant Mid Cap Growth | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 99437 | $1999666  | 243880 | $4627083  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 686 | 15000  | 8714 | 178868  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 38163 | 804173  | 185434 | 3426382  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 336346 | 7191426  | 757398 | 15444604  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 158683 | 3254738  | 248452 | 4793827  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total subscriptions | 633315 | 13265003  | 1443878 | 28470764  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | – | –  | – | –  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | – | –  | 5 | 101  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | – | –  | – | –  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | – | –  | 55040 | 1033100  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | – | –  | – | –  |
|  Total reinvestments of distributions | – | –  | 55045 | 1033201  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (653562) | (13033876) | (1592176) | (30172147)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (1393) | (27829) | (11398) | (229905)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | (56964) | (1208898) | (377783) | (7535369)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (4310468) | (86350365) | (4892275) | (98442828)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (1446815) | (29271900) | (3131970) | (58785746)  |
|  Total redemptions | (6469202) | (129892868) | (10005602) | (195165995)  |
|  Net increase (decrease) from shareholder transactions | (5835887) | $(116627865) | (8506679) | $(165662030)  |

---

117.0 ------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | <br> Six Months Ended<br> 4/30/25 | <br> Six Months Ended<br> 4/30/25 | Year Ended<br> 10/31/24 | Year Ended<br> 10/31/24 |
| Mid Cap Value | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 111896 | $1881636  | 251358 | $4142388  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 468947 | 8931598  | 469 | 7433  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 106890 | 1873030  | 615555 | 9746949  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 556717 | 10315837  | 2101890 | 37983597  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 3107554 | 57042858  | 1745190 | 32012852  |
|  Total subscriptions | 4352004 | 80044959  | 4714462 | 83893219  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 733209 | 13095111  | 177785 | 2657881  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 20347 | 382328  | 347 | 5443  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 102700 | 1931787  | 31668 | 496870  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 3990899 | 75148621  | 1092977 | 17159732  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 1645452 | 30687682  | 378312 | 5890324  |
|  Total reinvestments of distributions | 6492607 | 121245529  | 1681089 | 26210250  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (724720) | (12238494) | (1539023) | (25125267)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (325498) | (5636130) | (13743) | (234075)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | (159185) | (2890753) | (794239) | (14173523)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (8128408) | (140585791) | (7663892) | (130755614)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (1281490) | (22433086) | (4592824) | (76141352)  |
|  Total redemptions | (10619301) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(183784254) | (14603721) | (246429831)  |
|  Net increase (decrease) from shareholder transactions | 225310 | $17506234  | (8208170) | $(136326362)  |
|  | <br> Six Months Ended<br> 4/30/25 | <br> Six Months Ended<br> 4/30/25 | Year Ended<br> 10/31/24 | Year Ended<br> 10/31/24 |
| Quant Small Cap Equity | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 377880 | $6451990  | 638597 | $11047934  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 953216 | 17118609  | 30141 | 582375  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 260319 | 4789556  | 939175 | 15752361  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 5976960 | 111808816  | 15662011 | 287845995  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 1182875 | 21247932  | 6216299 | 108646837  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 1317706 | 22914482  | 1516758 | 27595536  |
|  Total subscriptions | 10068956 | 184331385  | 25002981 | 451471038  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 922267 | 17052709  | 166085 | 2561038  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 12193 | 240931  | 996 | 16291  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 259242 | 5081152  | 46786 | 759812  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 12673210 | 250549363  | 2249370 | 36799697  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 3272520 | 61785181  | 498527 | 7831860  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 2706608 | 53347248  | 811971 | 13251363  |
|  Total reinvestments of distributions | 19846040 | 388056584  | 3773735 | 61220061  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (596661) | (10158122) | (1126488) | (19405276)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (122163) | (2137912) | (29198) | (541233)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | (195680) | (3676712) | (531691) | (10161894)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (9474183) | (160769626) | (6030118) | (110732693)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (1763822) | (31546650)  | (2251495) | (38755850)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | (3329214) | (64718547)  | (9603695) | (176117857)  |
|  Total redemptions | (15481723) | (273007569)  | (19572685) | (355714803)  |
|  Net increase (decrease) from shareholder transactions | 14433273 | $299380400  | 9204031 | $156976296  |

---

118.0 ------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | <br> Six Months Ended<br> 4/30/25 | <br> Six Months Ended<br> 4/30/25 | Year Ended<br> 10/31/24 | Year Ended<br> 10/31/24 |
| Quant Small/Mid Cap Equity | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 125833 | $1895517  | 419451 | $5895107  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 3922635 | 66298692  | 4530505 | 64010391  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 3348 | 46099  | – | –  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 1041565 | 15693168  | 2792381 | 39410396  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 9813951 | 144236736  | 8689854 | 126935792  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 1566048 | 22105285  | 952186 | 13748721  |
|  Total subscriptions | 16473380 | 250275497  | 17384377 | 250000407  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 169025 | 2643550  | 36381 | 469309  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 944951 | 14920777  | 72925 | 948754  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | – | –  | – | –  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 585620 | 9235234  | 112951 | 1467227  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 4454779 | 69672738  | 678507 | 8752745  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 4285456 | 67581649  | 1443551 | 18751724  |
|  Total reinvestments of distributions | 10439831 | 164053948  | 2344315 | 30389759  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (246102) | (3645889) | (505755) | (7238916)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (3260220) | (47454219) | (1982526) | (27981645)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | – | (3) | – | –  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (836907) | (13014453) | (2100441) | (30878377)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (77193) | (1126141) | (677019) | (8954060)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | (5057994) | (79604593) | (13038010) | (191746814)  |
|  Total redemptions | (9478416) | (144845298) | (18303751) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(266799812)  |
|  Net increase (decrease) from shareholder transactions | 17434795 | $269484147  | 1424941 | $13590354  |
|  | <br> Six Months Ended<br> 4/30/25 | <br> Six Months Ended<br> 4/30/25 | Year Ended<br> 10/31/24 | Year Ended<br> 10/31/24 |
| Large Cap Responsible Equity | Shares | Amount | Shares | Amount |
|  Fund reorganization (see note 1): |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 3497428 | $79369974  | – | $–  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 96686 | 2631688  | – | –  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 199680 | 5420637  | – | –  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 17387177 | 473729483  | – | –  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 20343977 | 567937130  | – | –  |
|  Total reorganization | 41524948 | 1129088912  | – | –  |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 507236 | 11400138  | 991962 | 23314236  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 144310 | 4045082  | 160076 | 4338119  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 100196 | 2693069  | 196768 | 5327833  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 7719636 | 206418702  | 10642177 | 294485727  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 123045 | 3518224  | 257204 | 7352078  |
|  Total subscriptions | 8594423 | 228075215  | 12248187 | 334817993  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 4825203 | 111896475  | 1743814 | 36759578  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 108502 | 3017436  | 83889 | 2064516  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 176585 | 4898458  | 87731 | 2153793  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 22573205 | 628438021  | 9367800 | 230728901  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 3809139 | 108674731  | 1628579 | 40958754  |
|  Total reinvestments of distributions | 31492634 | 856925121  | 12911813 | 312665542  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (3380724) | (75575891) | (3267348) | (77020085)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (226277) | (6169186) | (1094383) | (30513712)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | (265961) | (7190102) | (718265) | (19908936)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (33780109) | (911260879) | (37301253) | (1034808479)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (7087955) | (193599075) | (6219841) | (175950018)  |
|  Total redemptions | (44741026) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1193795133) | (48601090) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1338201230)  |
|  Net increase (decrease) from shareholder transactions | 36870979 | $1020294115  | (23441090) | $(690717695)  |

---

119.0 ------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Six Months Ended<br> 4/30/25 | Six Months Ended<br> 4/30/25 | Year Ended<br> 10/31/24 | Year Ended<br> 10/31/24 |
| Emerging Markets Equity | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 8260 | $66675  | 271106 | $2405573  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | – | –  | – | –  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 30050 | 243934  | 115890 | 934449  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 1333016 | 10802094  | 2289610 | 18437115  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 155213 | 1249341  | 309802 | 2547289  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 15805985 | 128935284  | 34531314 | 279228198  |
|  Total subscriptions | 17332524 | 141297328  | 37517722 | 303552624  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 15403 | 124151  | 26993 | 205147  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 48 | 389  | 69 | 531  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 16593 | 134238  | 20118 | 153700  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 576075 | 4654687  | 911628 | 6946604  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 139274 | 1119760  | 266869 | 2025539  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 6140436 | 49614725  | 7337533 | 55912001  |
|  Total reinvestments of distributions | 6887829 | 55647950  | 8563210 | 65243522  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (122304) | (985830) | (396043) | (3383809)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (25) | (206) | (185) | (1480)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | (50001) | (395296) | (67272) | (539713)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (4651315) | (37849041) | (7925099) | (64509817)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (892572) | (7151983) | (2717005) | (21794411)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | (25912368) | (207066443) | (43347963) | (357880737)  |
|  Total redemptions | (31628585) | (253448799) | (54453567) | (448109967)  |
|  Net increase (decrease) from shareholder transactions | (7408232) | $(56503521) | (8372635) | $(79313821)  |
|  | <br> Six Months Ended<br> 4/30/25 | <br> Six Months Ended<br> 4/30/25 | Year Ended<br> 10/31/24 | Year Ended<br> 10/31/24 |
| International Equity | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 349642 | $2861211  | 950661 | $7820779  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 60471 | 872915  | 80517 | 1163058  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 116408 | 1629357  | 1440367 | 18535244  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 10821526 | 145645642  | 14565237 | 198884624  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 453868 | 6718332  | 1471280 | 21202486  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 13411000 | 186758738  | 22483510 | 306480642  |
|  Total subscriptions | 25212915 | 344486195  | 40991572 | 554086833  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 1046453 | 8539058  | 1219001 | 9044987  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 4798 | 68511  | 4042 | 51618  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 79798 | 1111592  | 102616 | 1278590  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 4308421 | 60016307  | 5293275 | 65954208  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 450734 | 6571696  | 562880 | 7334328  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 7241893 | 101169246  | 8532680 | 106658498  |
|  Total reinvestments of distributions | 13132097 | 177476410  | 15714494 | 190322229  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (1570837) | (12703337) | (3100473) | (25080935)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (14158) | (201033) | (28765) | (402251)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | (393095) | (5434732) | (974591) | (13585308)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (27005401) | (381626606) | (37767143) | (519471237)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (2289693) | (33202680) | (5305824) | (73650333)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | (35754865) | (498865238) | (49810334) | (695730188)  |
|  Total redemptions | (67028049) | (932033626) | (96987130) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1327920252)  |
|  Net increase (decrease) from shareholder transactions | (28683037) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(410071021) | (40281064) | $(583511190)  |

---

120.0 ------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | <br> Six Months Ended<br> 4/30/25 | <br> Six Months Ended<br> 4/30/25 | Year Ended<br> 10/31/24 | Year Ended<br> 10/31/24 |
| International Opportunities | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 66678 | $1002844  | 91344 | $1383107  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 5419 | 80835  | 35566 | 521947  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 5686 | 85022  | 11053 | 167847  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 613119 | 9330374  | 1057911 | 15916848  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 36436 | 549148  | 47938 | 717402  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 8539564 | 130051542  | 14083851 | 213298182  |
|  Total subscriptions | 9266902 | 141099765  | 15327663 | 232005333  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 22489 | 349704  | 23002 | 322714  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 17564 | 272948  | 21527 | 302021  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 1842 | 28733  | 1788 | 25175  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 133103 | 2071086  | 123969 | 1740525  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 56500 | 876322  | 63325 | 886546  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 2796391 | 43567777  | 2680005 | 37680868  |
|  Total reinvestments of distributions | 3027889 | 47166570  | 2913616 | 40957849  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (264887) | (3994095) | (547954) | (8267626)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (185071) | (2770977) | (673357) | (10063481)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | (17691) | (268540) | (28344) | (429648)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (1298272) | (19535237) | (1585579) | (23704952)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (742065) | (11148714) | (1320909) | (19717171)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | (17058987) | (251990152) | (27285402) | (410975831)  |
|  Total redemptions | (19566973) | (289707715) | (31441545) | (473158709)  |
|  Net increase (decrease) from shareholder transactions | (7272182) | $(101441380) | (13200266) | $(200195527)  |
|  | <br> Six Months Ended<br> 4/30/25 | <br> Six Months Ended<br> 4/30/25 | Year Ended<br> 10/31/24 | Year Ended<br> 10/31/24 |
| Quant International Small Cap Equity | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 4782 | $49968  | 18614 | $203054  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 5902 | 63800  | 3095 | 34056  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | – | –  | – | –  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 389028 | 4252508  | 438873 | 4733858  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 41747 | 453497  | 155881 | 1677869  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 5417343 | 59668063  | 7739451 | 84686090  |
|  Total subscriptions | 5858802 | 64487836  | 8355914 | 91334927  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 2240 | 24531  | 2450 | 23963  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 187 | 2036  | 33 | 325  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | – | –  | – | –  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 217884 | 2377111  | 214656 | 2092896  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 18863 | 205793  | 21911 | 213633  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 4115558 | 44941894  | 4217705 | 41164803  |
|  Total reinvestments of distributions | 4354732 | 47551365 | 4456755 | 43495620  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (9991) | (106978) | (31020) | (333938)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (1854) | (20223) | (1096) | (11367)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | – | –  | – | –  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (1009970) | (10932986) | (724489) | (7654552)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (127549) | (1373173) | (275552) | (2972542)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | (16281225) | (176577387) | (17838238) | (193205367)  |
|  Total redemptions | (17430589) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(189010747) | (18870395) | (204177766)  |
|  Net increase (decrease) from shareholder transactions | (7217055) | $(76971546) | (6057726) | $(69347219)  |

---

121.0 ------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | <br> Six Months Ended<br> 4/30/25 | <br> Six Months Ended<br> 4/30/25 | Year Ended<br> 10/31/24 | Year Ended<br> 10/31/24 |
| International Responsible Equity | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 238872 | $3220847  | 565498 | $7592410  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 65826 | 897554  | 201280 | 2671032  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 1119 | 13921  | 8659 | 118387  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 6547436 | 88119978  | 11642529 | 153930409  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 3860121 | 52600424  | 1050135 | 13712521  |
|  Total subscriptions | 10713374 | 144852724  | 13468101 | 178024759  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 70960 | 957958  | 73378 | 901080  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 27025 | 365371  | 29908 | 367874  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 379 | 5139  | 212 | 2620  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 1512059 | 20458156  | 1621242 | 19957489  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 1476967 | 19924282  | 1704801 | 20917903  |
|  Total reinvestments of distributions | 3087390 | 41710906  | 3429541 | 42146966  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (384660) | (5166005) | (462533) | (6168862)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (231178) | (3040890) | (221065) | (2971723)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | (8324) | (113144) | (36926) | (473088)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (8157614) | (112688471) | (12598298) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(167974569)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (679710) | (9140305) | (5199357) | (69428841)  |
|  Total redemptions | (9461486) | (130148815) | (18518179) | (247017083)  |
|  Net increase (decrease) from shareholder transactions | 4339278 | $56414815  | (1620537) | $(26845358)  |

---

7. Income Tax Information

Each Fund is a separate taxpayer for federal income tax purposes. Each Fund intends to distribute substantially all of its net investment income and net capital gains to shareholders and otherwise comply with the requirements of Subchapter M of the Internal Revenue Code applicable to regulated investment companies. Therefore, no federal income tax provision is required.

Each Fund files income tax returns in U.S. federal and applicable state and local jurisdictions. A Fund's federal income tax returns are generally subject to examination for a period of three fiscal years after being filed. State and local tax returns may be subject to examination for an additional period of time depending on the jurisdiction. Management has analyzed each Fund's tax positions taken for all open tax years and has concluded that no provision for income tax is required in the Fund's financial statements.

As of the end of the reporting period, the aggregate cost and the net unrealized appreciation/(depreciation) of all investments for federal income tax purposes were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| Fund | Tax Cost | Gross Unrealized<br>Appreciation | Gross Unrealized<br>(Depreciation) | Net Unrealized<br>Appreciation<br>(Depreciation) |
|  Core Equity | $4539348395 | $1980594384 | $(123773461) | $1856820923 |
|  Large Cap Growth | 2699023360 | 3150891190 | (148177785) | 3002713405 |
|  Large Cap Value | 4052924405 | 2244380818 | (111961201) | 2132419617 |
|  Quant Mid Cap Growth | 769261467 | 88334743 | (51892017) | 36442726 |
|  Mid Cap Value | 1401903462 | 306085756 | (81121389) | 224964367 |
|  Quant Small Cap Equity | 2776183990 | 602951425 | (302601171) | 300350254 |
|  Quant Small/Mid Cap Equity | 1254459295 | 255105965 | (114830957) | 140275008 |
|  Large Cap Responsible Equity | 3689344606 | 2714530220 | (193394765) | 2521135455 |
|  Emerging Markets Equity | 1494522526 | 319223121 | (206355194) | 112867927 |
|  International Equity | 4629655709 | 2187484258 | (269054925) | 1918429333 |
|  International Opportunities | 1724642836 | 691882649 | (106418695) | 585463954 |
|  Quant International Small Cap Equity | 1085069836 | 186228115 | (65361551) | 120866564 |
|  International Responsible Equity | 1439358630 | 419022239 | (84425276) | 334596963 |

---

For purposes of this disclosure, tax cost generally includes the cost of portfolio investments as well as up-front fees or premiums exchanged on derivatives and any amounts unrealized for income statement reporting but realized income and/or capital gains for tax reporting, if applicable.

122.0 ------

As of prior fiscal period end, the components of accumulated earnings on a tax basis were as follows:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| Fund | Undistributed<br>Ordinary<br>Income | Undistributed<br>Long-Term<br>Capital Gains | Unrealized<br>Appreciation<br>(Depreciation) | Capital Loss<br>Carryforwards | Late-Year<br>Loss Deferrals | Other<br>Book-to-Tax<br>Differences | Total |
|  Core Equity | $47069178 | $516819467 | $2766932591 | $– | $– | $(1170826) | $3329650410 |
|  Large Cap Growth | 20632990 | 377848966 | 3577935160 | – | – | (603906) | 3975813210 |
|  Large Cap Value | 112868197 | 133543962 | 2381809032 | – | – | (1147617) | 2627073574 |
|  Quant Mid Cap Growth | – | – | 194431063 | (134050753) | (43706) | (469698) | 59866906 |
|  Mid Cap Value | 19949253 | 93517700 | 377703508 | – | – | (1035905) | 490134556 |
|  Quant Small Cap Equity | 45586938 | 334071881 | 609984694 | – | – | (650045) | 988993468 |
|  Quant Small/Mid Cap Equity | 23451891 | 140800662 | 282372510 | – | – | (35254) | 446589809 |
|  Large Cap Responsible Equity | 198465319 | 510728439 | 2672725398 | – | – | (718174) | 3381200982 |
|  Emerging Markets Equity | 52212959 | – | 95448765 | (365928618) | – | (170262) | (218437156) |
|  International Equity | 174064509 | – | 1819367536 | (434081322) | – | (1476722) | 1557874001 |
|  International Opportunities | 44828908 | – | 622021823 | (728464426) | – | (141283) | (61754978) |
|  Quant International Small Cap Equity | 41958330 | – | 75419976 | (80266266) | – | (41809) | 37070231 |
|  International Responsible Equity | 43975839 | 446637 | 235891218 | – | – | (22161) | 280291533 |

---

As of prior fiscal period end, the Funds had capital loss carryforwards, which will not expire:

---

| | | | |
|:---|:---|:---|:---|
| Fund | Short-Term | Long-Term | Total |
|  Core Equity | $– | $– | $– |
|  Large Cap Growth | – | – | – |
|  Large Cap Value | – | – | – |
|  Quant Mid Cap Growth | 110381676 | 23669077 | 134050753 |
|  Mid Cap Value | – | – | – |
|  Quant Small Cap Equity | – | – | – |
|  Quant Small/Mid Cap Equity | – | – | – |
|  Large Cap Responsible Equity | – | – | – |
|  Emerging Markets Equity | 199272013 | 166656605 | 365928618 |
|  International Equity | 255128173 | 178953149 | 434081322 |
|  International Opportunities\* | 630552244 | 97912182 | 728464426 |
|  Quant International Small Cap Equity | 80266266 | – | 80266266 |
|  International Responsible Equity | – | – | – |

---

\* A portion of International Opportunities' capital loss carryforwards is subject to limitation under the Internal Revenue Code and regulated regulations.

8. Investment Adviser and Other Transactions with Affiliates

Under the terms of the Investment Management Agreement with respect to each Fund, the Adviser provides asset management services to the Fund for an annual fee, payable monthly. The Funds have entered into an Administrative Service Agreement with the Adviser under which the Funds pay the Adviser for its costs in providing certain administrative and compliance services to the Funds. The Adviser has agreed to gradually reduce expenses allocated to the Funds under the Administrative Services Agreement over a three-year period commencing May 1, 2024. After the expiration of this three-year period, the Adviser will no longer allocate expenses to the Funds under the Administrative Services Agreement.

Under the terms of a Retirement Class Service Agreement with respect to each Fund, the Retirement Class of the Fund incurs an annual fee of 0.25% of the daily net assets, payable monthly to the Adviser, for certain administrative costs associated with the maintenance of Retirement Class shares on retirement plan or other platforms. Substantially all of the Retirement Class shareholder servicing fees reported on the Statement of Operations are paid to the Adviser under the Service Agreement.

Nuveen Securities, which is a wholly owned indirect subsidiary of TIAA, distributes the Funds' shares. Under the terms of the distribution agreement, Nuveen Securities is not compensated. Nuveen Securities does not currently enter into agreements, or otherwise pay, other intermediaries to sell shares of the Funds. Under the terms of a distribution Rule 12b-1 plan, Class A shares of each Fund compensates Nuveen Securities for providing distribution, promotional and/or shareholder services to Class A shares of the Fund at the annual rate of 0.25% of the average daily net assets attributable to the Fund's Class A shares. The Premier Class of each Fund is subject to a distribution Rule 12b-1 plan that compensates Nuveen Securities for providing distribution, promotional and/or shareholder services to the Premier Class of the Fund at the annual rate of 0.15% of the average daily net assets attributable to the Fund's Premier Class.

The Adviser has contractually agreed to waive and/or reimburse Class W's shares' Management fees and Other expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, acquired fund fees and expenses, trustee expenses and extraordinary expenses) in their entirety. The Adviser expects this waiver and/or reimbursement to remain in effect indefinitely, unless changed or terminated with approval of the Board. The Management fees and Other expenses of Class W shares that have been waived by the Adviser may be incurred directly or indirectly, all or in part, by investors in Class W shares.

123.0 ------

The management fee schedule for each Fund, other than the Large Cap Responsible Equity, consists of two components: a Fund- level fee, based only on the amount of assets within a Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by the Adviser and Nuveen Fund Advisors, LLC ("Nuveen Fund Advisors"). For the Large Cap Responsible Equity, the management fee schedule consists of one component, a Fund-level fee, based on the amount of assets within the Fund, and there are no changes to the investment management fees.

For each Fund subject to the complex-level fee, each Fund's overall complex-level fee begins at a maximum rate of 0.1600% of a Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion. Therefore, the maximum management fee rate for each such Fund is the Fund-level fee plus 0.1600%. The complex-level fee rate for each such Fund is determined by taking the current overall complex-level fee rate and applying that rate to all eligible assets of the fund. With respect to the assets of each such Fund that are not eligible assets, those assets are subject to the maximum complex-level fee rate (0.1600%). As of May 1, 2024, 11% of the net assets of each such Fund are eligible assets, and that percentage will increase annually until May 1, 2033, at which time eligible assets will include all of the net assets of a Fund. The current overall complex-level fee schedule is as follows:

---

| | |
|:---|:---|
| Complex Level Asset Breakpoint Level\* | Complex Level Fee |
|  For the first $124.3 billion | 0.1600% |
|  For the next $75.7 billion | 0.1350 |
|  For the next $200 billion | 0.1325 |
|  For eligible assets over $400 billion | 0.1300 |

---

\* The complex-level fee is calculated based upon the aggregate daily "eligible assets" of all Nuveen-branded closed-end funds and Nuveen-branded open-end funds ("Nuveen Mutual Funds"). Except as described below, eligible assets include the assets of all Nuveen-branded closed-end funds and Nuveen Mutual Funds organized in the United States. Eligible assets do not include the net assets of: Nuveen fund-of-funds, Nuveen money market funds, Nuveen index funds, Nuveen Large Cap Responsible Equity Fund or Nuveen Life Large Cap Responsible Equity Fund. In addition, eligible assets include a fixed percentage of the aggregate net assets of the active equity and fixed income Nuveen Mutual Funds advised by the Adviser (except those identified above). The fixed percentage will increase annually until May 1, 2033, at which time eligible assets will include all of the aggregate net assets of Adviser-advised active equity and fixed income Nuveen Mutual Funds (except those identified above). Eligible assets include closed-end fund assets managed by Nuveen Fund Advisors that are attributable to financial leverage. For these purposes, financial leverage includes the closed-end funds' use of preferred stock and borrowings and certain investments in the residual interest certificates (also called inverse floating rate securities) in tender option bond (TOB) trusts, including the portion of assets held by a TOB trust that has been effectively financed by the trust's issuance of floating rate securities, subject to an agreement by Nuveen Fund Advisors as to certain funds to limit the amount of such assets for determining eligible assets in certain circumstances. 

As of the end of the reporting period, the complex-level fee rate for each Fund was as follows:

---

| | |
|:---|:---|
| Fund | Complex-Level Fee |
|  Core Equity | 0.1598% |
|  Large Cap Growth | 0.1598% |
|  Large Cap Value | 0.1598% |
|  Quant Mid Cap Growth | 0.1598% |
|  Mid Cap Value | 0.1598% |
|  Quant Small Cap Equity | 0.1598% |
|  Quant Small/Mid Cap Equity | 0.1598% |
|  Large Cap Responsible Equity | —% |
|  Emerging Markets Equity | 0.1598% |
|  International Equity | 0.1598% |
|  International Opportunities | 0.1598% |
|  Quant International Small Cap Equity | 0.1598% |
|  International Responsible Equity | 0.1598% |

---

The Adviser has agreed to reimburse each Fund if its total expense ratio (excluding interest, taxes, brokerage commissions or other transactional expenses, acquired fund fees and expenses and extraordinary expenses) exceeds certain percentages. The fund-level fee range and maximum expense amounts for each Fund is based on a percentage of average daily net assets according to the following rates:

124.0 ------

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Fund-Level Fee<br>Range | Maximum Expense Amounts‡ | Maximum Expense Amounts‡ | Maximum Expense Amounts‡ | Maximum Expense Amounts‡ | Maximum Expense Amounts‡ | Maximum Expense Amounts‡ |
| Fund |  | Class A | Class I | Premier Class | Class R6 | Retirement<br>Class | Class W |
|  Core Equity\* | 0.140%—0.290% | 0.870% | 0.670% | 0.670% | 0.520% | 0.770% | 0.520% |
|  Large Cap Growth\* | 0.140%—0.290% | 0.870 | 0.670 | 0.670 | 0.520 | 0.770 | 0.520 |
|  Large Cap Value\* | 0.140%—0.290% | 0.870 | 0.670 | 0.670 | 0.520 | 0.770 | 0.520 |
|  Quant Mid Cap Growth\* | 0.130%—0.320% | 0.900 | 0.700 | 0.700 | 0.550 | 0.800 | – |
|  Mid Cap Value\* | 0.130%—0.320% | 0.900 | 0.700 | 0.700 | 0.550 | 0.800 | – |
|  Quant Small Cap Equity\* | 0.110%—0.300% | 0.880 | 0.680 | 0.680 | 0.530 | 0.780 | 0.530 |
|  Quant Small/Mid Cap Equity\* | 0.110%—0.300% | 0.880 | 0.680 | 0.680 | 0.530 | 0.780 | 0.530 |
|  Large Cap Responsible Equity | 0.150% | 0.570 | 0.370 | 0.370 | 0.220 | 0.470 | – |
|  Emerging Markets Equity\* | 0.540%—0.690% | 1.300 | 1.100 | 1.100 | 0.950 | 1.200 | 0.950 |
|  International Equity\* | 0.190%—0.340% | 0.950 | 0.750 | 0.750 | 0.600 | 0.850 | 0.600 |
|  International Opportunities\* | 0.290%—0.440% | 1.050 | 0.850 | 0.850 | 0.700 | 0.950 | 0.700 |
|  Quant International Small Cap Equity\* | 0.340%—0.490% | 1.100 | 0.900 | 0.900 | 0.750 | 1.000 | 0.750 |
|  International Responsible Equity\* | 0.090%—0.140% | 0.750 | 0.550 | 0.550 | 0.400 | 0.650 | – |

---

\* This Fund is subject to a breakpoint schedule on its investment management fee, which reduces this fee as the Fund's net assets increase.

‡ Maximum expense amounts reflect all expenses excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses. The expense reimbursement arrangements will continue through at least February 28, 2026. The reimbursement arrangements can only be changed with the approval of the Board.

Effective May 1, 2024, for a one year period, the Adviser agreed to voluntarily waive a portion of the investment management fee and/or the expense cap for certain funds. This waiver is voluntary in nature and can be discontinued at any time without prior notice to shareholders upon Board approval. The investment management fee and maximum expense amounts (after voluntary waivers) are equal to the following noted annual percentage of average daily net assets for each class, inclusive of voluntary and contractual waivers:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Investment<br>Management<br>Fee Range | Maximum Expense Amounts‡ | Maximum Expense Amounts‡ | Maximum Expense Amounts‡ | Maximum Expense Amounts‡ | Maximum Expense Amounts‡ | Maximum Expense Amounts‡ |
| Fund |  | Class A | Class I | Premier Class | Class R6 | Retirement<br>Class | Class W |
|  International Responsible Equity\* | 0.090%—0.140% | 0.650% | 0.450% | 0.450% | 0.300% | 0.550% | –% |

---

\* This Fund is subject to a breakpoint schedule on its investment management fee, which reduces this fee as the Fund's net assets increase.

‡ Maximum expense amounts reflect all expenses excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses. The reimbursement arrangements can only be changed with the approval of the Board.

The Funds receive voluntary compensation from the Adviser in amounts that approximate the cost of research services obtained from broker-dealers and research providers if the Adviser had purchased the research services directly. This income received by the Funds, which is disclosed below, is recognized in "Affiliated Income" on the Statement of Operations and any amounts due to the Funds at the end of the reporting period are recognized in "Reimbursement from Adviser" on the Statement of Assets and Liabilities. During the current fiscal period, the values of voluntary compensation were as follows:

---

| | |
|:---|:---|
| Fund | Value |
|  Core Equity | $692710 |
|  Large Cap Growth | 414734 |
|  Large Cap Value | 498322 |
|  Quant Mid Cap Growth | 63259 |
|  Mid Cap Value | 133416 |
|  Emerging Markets Equity | 135918 |
|  International Equity | 363673 |
|  International Opportunities | 116147 |

---

The Funds are permitted to purchase or sell securities from or to certain other funds or accounts managed by the Adviser or by an affiliate of the Adviser (each an, "Affiliated Entity") under specified conditions outlined in procedures adopted by the Board ("cross- trade"). These procedures have been designed to ensure that any cross-trade of securities by the Fund from or to an Affiliated Entity by virtue of having a common investment adviser (or affiliated investment adviser), common officer and/or common trustee complies with Rule 17a-7 under the 1940 Act. These transactions are affected at the current market price (as provided by an independent pricing service) without incurring broker commissions. During the current fiscal period, the Funds engaged in the following security transactions with affiliated entities:

125.0 ------

---

| | | | |
|:---|:---|:---|:---|
| Fund | Purchases | Sales | Realized Gain (Loss) |
|  Core Equity | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;208189312 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16918355 | $815983 |
|  Large Cap Growth | 36809075 | 43068553 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16349732 |
|  Quant Mid Cap Growth | 6909022 | 96604126 | 33030222 |
|  Mid Cap Value | 2415625 | 7510511 | (2378856) |
|  Quant Small Cap Equity | 9495728 | 118241 | 33599 |
|  Quant Small/Mid Cap Equity | 4106841 | 144653 | (14982) |
|  Large Cap Responsible Equity | 35628901 | 58542960 | 12781078 |
|  International Equity | 10716338 | 2959604 | (119101) |
|  International Opportunities | 2944457 | 1560433 | 49330 |
|  Quant International Small Cap Equity | 756687 | 60495948 | 317309 |
|  International Responsible Equity | 22868051 | 14099124 | 609917 |

---

During the current fiscal period, the Distributor, collected sales charges on purchases of Class A Shares, the majority of which were paid out as concessions to financial intermediaries as follows:

---

| | | |
|:---|:---|:---|
| Fund | Sales Charges Collected | Paid to Financial<br>Intermediaries |
|  Core Equity | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13384 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11684 |
|  Large Cap Growth | 11110 | 9685 |
|  Large Cap Value | 5600 | 4926 |
|  Quant Mid Cap Growth | 450 | 400 |
|  Mid Cap Value | 574 | 500 |
|  Quant Small Cap Equity | 1588 | 1385 |
|  Quant Small/Mid Cap Equity | 2495 | 2175 |
|  Large Cap Responsible Equity | 7539 | 6578 |
|  Emerging Markets Equity | 143 | 125 |
|  International Equity | 912 | 781 |
|  International Opportunities | 330 | 287 |
|  Quant International Small Cap Equity |  |  |
|  International Responsible Equity |  |  |

---

Nuveen Securities also received 12b-1 service fees on Class A Shares, substantially all of which were paid to compensate financial intermediaries for providing services to shareholders relating to their investments.

During the current fiscal period, Nuveen Securities compensated financial intermediaries directly with commission advances at the time of purchase as follows:

---

| | |
|:---|:---|
| Fund | Commission<br>Advances |
|  Core Equity | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— |
|  Large Cap Growth | 166 |
|  Large Cap Value |  |
|  Quant Mid Cap Growth |  |
|  Mid Cap Value |  |
|  Quant Small Cap Equity |  |
|  Quant Small/Mid Cap Equity |  |
|  Large Cap Responsible Equity |  |
|  Emerging Markets Equity |  |
|  International Equity |  |
|  International Opportunities |  |
|  Quant International Small Cap Equity |  |
|  International Responsible Equity |  |

---

126.0 ------

The remaining 12b-1 fees charged to each Fund were paid to compensate financial intermediaries for providing services to shareholders relating to their investments.

The Distributor also collected and retained CDSC on share redemptions during the current fiscal period, as follows:

---

| | |
|:---|:---|
| Fund | CDSC<br>Retained |
|  Core Equity | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;548 |
|  Large Cap Growth |  |
|  Large Cap Value | 76 |
|  Quant Mid Cap Growth |  |
|  Mid Cap Value |  |
|  Quant Small Cap Equity |  |
|  Quant Small/Mid Cap Equity |  |
|  Large Cap Responsible Equity |  |
|  Emerging Markets Equity |  |
|  International Equity |  |
|  International Opportunities |  |
|  Quant International Small Cap Equity |  |
|  International Responsible Equity |  |

---

The following is the percentage of the Funds' shares owned by affiliates as of the end of the current fiscal period:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Underlying Fund | Nuveen Lifecycle<br>Funds | Nuveen Lifestyle<br>Funds | Nuveen Managed<br>Allocation Fund | TIAA Access | Total |
|  Core Equity | 37% | 2% | 1% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45% |
|  Large Cap Growth | 41 | 2 | 1 | 3 | 47 |
|  Large Cap Value | 34 | 1 | 1 | 11 | 47 |
|  Quant Mid Cap Growth | – | – | – | 19 | 19 |
|  Mid Cap Value | – | – | – | 23 | 23 |
|  Quant Small Cap Equity | 13 | 1 | – | 11 | 25 |
|  Quant Small/Mid Cap Equity | 36 | 2 | 1 | – | 39 |
|  Large Cap Responsible Equity | – | – | – | 5 | 5 |
|  Emerging Markets Equity | 85 | 4 | 2 | 1 | 92 |
|  International Equity | 50 | 2 | 1 | 9 | 62 |
|  International Opportunities | 87 | 4 | 2 | – | 93 |
|  Quant International Small Cap Equity | 91 | 4 | 2 | – | 97 |
|  International Responsible Equity | – | – | – | 10 | 10 |

---

Investments in other investment companies advised by the Adviser and Nuveen Fund Advisors, LLC are deemed to be affiliated investments. Information regarding transactions with affiliated companies is as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Issue | Value at<br>10/31/24 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Purchases<br>Cost | Sales<br> Proceeds | Realized<br> Gain (Loss) | Change in<br>Unrealized<br>Appreciation<br>(Depreciation) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Shares at<br>4/30/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Value at<br>4/30/25 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Dividend<br>Income |
|  Large Cap Responsible Equity<br> Investment companies<br> Nuveen ESG Large-Cap ETF | $9177720 | $– | $– | $– | $(353780) | 200000 | $8823940 | $169260 |
|  Total | $9177720 | – | – | – | (353780) | 200000 | $8823940 | 169260 |

---

9. Emerging Markets Risks

The Emerging Markets Equity Fund holds a large portion of its assets in emerging market securities. Emerging market securities are often subject to greater price volatility, less liquidity and higher rates of inflation and deflation than U.S. securities. In addition, emerging markets may be subject to greater political, economic and social uncertainty, and differing regulatory environments that may potentially impact the Fund's ability to buy or sell certain securities or repatriate proceeds to U.S. dollars.

127.0 ------

10. Inter-Fund Lending Program

Pursuant to an exemptive order issued by the SEC, the Funds may participate in an inter-fund lending program. This program allows the Funds to lend cash to and/or borrow cash from certain other affiliated Funds for temporary purposes, (e.g., to satisfy redemption requests or to cover unanticipated cash shortfalls). The program is subject to a number of conditions, including the requirement that no Fund may borrow or lend money under the program unless it receives a more favorable interest rate than is available from a bank or other financial institution for a comparable transaction. In addition, a Fund may participate in the program only if its participation is consistent with the Fund's investment policies and limitations and authorized by its portfolio manager(s). During the current fiscal period, there were no inter-fund borrowing or lending transactions.

11. Line of Credit

During June 2024, the Funds along with certain funds managed by the Adviser or by an affiliate of the Adviser ("Participating Funds"), have established a 364-day, $2.700 billion standby credit facility with a group of lenders, under which the Participating Funds may borrow for temporary purposes (other than on-going leveraging for investment purposes), and replaces the previous facility. Each Participating Fund is allocated a designated proportion of the facility's capacity (and its associated costs, as described below) based upon a multi-factor assessment of the likelihood and frequency of its need to draw on the facility, the size of the Fund and its anticipated draws, and the potential importance of such draws to the operations and well-being of the Fund, relative to those of the other Funds. A Fund may effect draws on the facility in excess of its designated capacity if and to the extent that other Participating Funds have undrawn capacity. The credit facility expires in June 2026.

The credit facility has the following terms: 0.15% per annum on unused commitment amounts and a drawn interest rate equal to the higher of (a) OBFR (Overnight Bank Funding Rate) plus 1.20% per annum or (b) the Fed Funds Effective Rate plus 1.20% per annum on amounts borrowed. Interest expense incurred by the Participating Funds, when applicable, is recognized as a component of "Interest expense" on the Statement of Operations. Participating Funds paid administration, legal and arrangement fees, which are recognized as a component of "Interest expense" on the Statement of Operations, and along with commitment fees, have been allocated among such Participating Funds based upon the relative proportions of the facility's aggregate capacity reserved for them and other factors deemed relevant by the Adviser and the Board of each Participating Fund.

There were no borrowings under this credit facility by the Funds during the current fiscal period.

12. Fund Reorganization

The Reorganization as previously described in Note 1 – General Information was structured to qualify as a tax-free reorganization under the Internal Revenue Code for federal income tax purposes, and the Target Fund's shareholders recognized no gain or loss for federal income tax purposes as a result. Prior to the closing of the Reorganization, the Target Fund distributed all of its net investment income and capital gains, if any. Such a distribution may be taxable to the Target Fund's shareholders for federal income tax purposes.

Investments of the Target Fund: The cost, fair value and net unrealized appreciation (depreciation) of the investments of the Target Fund as of the date of the Reorganization, were as follows:

---

| | |
|:---|:---|
|  | Social Choice Low<br>Carbon Equity |
|  Cost of investments | $767031994 |
|  Fair value of investments | 1116708056 |
|  Net unrealized appreciation (depreciation) of investments | 349676062 |

---

Share Transactions: The shares outstanding, net assets and NAV per share immediately prior to and after the Reorganization were as follows:

128.0 ------

---

| | | | |
|:---|:---|:---|:---|
| Target Fund - Prior to Reorganization | Shares<br>Outstanding | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net Assets | NAV<br> per Share |
|  Social Choice Low Carbon Equity |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 3700799 | $79369974 | $21.45 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 122201 | 2631688 | 21.54 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 250926 | 5420637 | 21.60 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 21982288 | 473729483 | 21.55 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 26501327 | 567937130 | 21.43 |
| Acquiring Fund - Prior to Reorganization | Shares<br>Outstanding | Net Assets | NAV<br> per Share |
|  Large Cap Responsible Equity |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 30995915 | $703414018 | $22.69 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 1136243 | 30927368 | 27.22 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 1356953 | 36836652 | 27.15 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 171270737 | 4666427343 | 27.25 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 28855901 | 805561822 | 27.92 |
| Acquiring Fund - After Reorganization | Shares<br>Outstanding | Net Assets | NAV<br> per Share |
|  Large Cap Responsible Equity |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 34493343 | $782783992 | $22.69 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 1232929 | 33559056 | 27.22 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 1556633 | 42257289 | 27.15 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 188657914 | 5140156826 | 27.25 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 49199878 | 1373498952 | 27.92 |

---

Pro Forma Results of Operations: The beginning of the current fiscal period for the Target Fund was November 1, 2024. Assuming the Reorganization had been completed on November 1, 2024, the beginning of the Acquiring Fund's current fiscal period, the pro forma results of operations for the current fiscal period are as follows:

---

| | |
|:---|:---|
| Acquiring Fund - Pro Forma Results from Operations | Large Cap Responsible<br>Equity |
|  Net investment income (loss) | $38739742 |
|  Net realized and unrealized gains (losses) | 249489849 |
|  Change in net assets resulting from operations | 288229591 |

---

13. Subsequent Event

Voluntary Waivers: The Adviser has agreed to implement voluntary waivers reducing the expense cap for International Responsible Equity for one-year effective May 1, 2025. These waivers are voluntary in nature and can be discontinued at any time without prior notice to shareholders upon Board approval. During this one-year period, the expense cap after the waiver for each class is as follows:

---

| | | |
|:---|:---|:---|
| Fund | Waiver | Maximum Expense Amounts |
|  International Responsible Equity - Class A | 0.130% | 0.620% |
|  International Responsible Equity - Class I | 0.130 | 0.420 |
|  International Responsible Equity - Premier Class | 0.130 | 0.420 |
|  International Responsible Equity - Class R6 | 0.130 | 0.270 |
|  International Responsible Equity - Retirement Class | 0.130 | 0.520 |

---

129.0 ------

## Item 7. Financial Statements and Financial Highlights for Open-End Management Investment Companies.
3.0 ------

## Portfolios of Investments April 30, 2025
Equity Index

(Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | LONG-TERM INVESTMENTS - 99.2% |  |
|  |  | COMMON STOCKS - 99.2% |  |
|  |  | AUTOMOBILES & COMPONENTS - 1.7% |  |
| 102643 | (a) | Adient plc | $1298434 |
| 82911 | (a) | American Axle & Manufacturing Holdings, Inc | 316720 |
| 197782 | (a) | Aptiv plc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11285441 |
| 204944 |  | BorgWarner, Inc | 5816311 |
| 27933 | (a),(b) | Cooper-Standard Holdings, Inc | 409777 |
| 107715 |  | Dana Inc | 1480004 |
| 20044 | (a) | Dorman Products, Inc | 2270985 |
| 3369801 |  | Ford Motor Co | 33731708 |
| 40428 | (a) | Fox Factory Holding Corp | 821093 |
| 862549 |  | General Motors Co | 39021717 |
| 177823 |  | Gentex Corp | 3872985 |
| 25155 | (a) | Gentherm, Inc | 654282 |
| 285966 | (a) | Goodyear Tire & Rubber Co | 3111310 |
| 127748 |  | Harley-Davidson, Inc | 2864110 |
| 110804 | (a) | Holley, Inc | 238229 |
| 18139 |  | LCI Industries | 1398154 |
| 51928 |  | Lear Corp | 4452826 |
| 640885 | (a),(b) | Lucid Group, Inc | 1608621 |
| 12953 | (a),(b) | Luminar Technologies, Inc | 50646 |
| 43958 | (a) | Modine Manufacturing Co | 3588731 |
| 25482 |  | Patrick Industries, Inc | 1961604 |
| 40988 |  | Phinia, Inc | 1645668 |
| 251662 | (a),(b) | QuantumScape Corp | 983998 |
| 802107 | (a),(b) | Rivian Automotive, Inc | 10956782 |
| 217401 | (a),(b) | Solid Power, Inc | 236967 |
| 15934 |  | Standard Motor Products, Inc | 431811 |
| 19766 | (a) | Stoneridge, Inc | 76297 |
| 2461685 | (a) | Tesla, Inc | 694589040 |
| 41295 |  | Thor Industries, Inc | 2990584 |
| 28194 | (a) | Visteon Corp | 2232683 |
| 23560 |  | Winnebago Industries, Inc | 749679 |
| 21842 | (a) | XPEL, Inc | 625555 |
|  |  | TOTAL AUTOMOBILES & COMPONENTS | 835772752 |
|  |  | BANKS - 3.8% |  |
| 18633 |  | 1st Source Corp | 1117048 |
| 14723 |  | Amalgamated Financial Corp | 414600 |
| 25834 |  | Amerant Bancorp, Inc | 435045 |
| 48454 |  | Ameris Bancorp | 2839404 |
| 27215 |  | Arrow Financial Corp | 667584 |
| 156553 |  | Associated Banc-Corp | 3453559 |
| 122573 |  | Atlantic Union Bankshares Corp | 3395272 |
| 44566 | (a) | Axos Financial, Inc | 2829050 |
| 189360 |  | Banc of California, Inc | 2552573 |
| 24715 |  | Bancfirst Corp | 2911921 |
| 37392 | (a) | Bancorp, Inc | 1806408 |
| 7985 |  | Bank First Corp | 871802 |
| 5906108 |  | Bank of America Corp | 235535587 |
| 34424 |  | Bank of Hawaii Corp | 2275771 |
| 6575 |  | Bank of Marin Bancorp | 134919 |
| 39774 |  | Bank of NT Butterfield & Son Ltd | 1598119 |
| 90703 |  | Bank OZK | 3863948 |
| 79459 |  | BankUnited, Inc | 2599104 |
| 41073 |  | Banner Corp | 2511203 |
| 12845 |  | Bar Harbor Bankshares | 380726 |
| 16293 |  | BCB Bancorp, Inc | 133928 |
| 43571 |  | Berkshire Hills Bancorp, Inc | 1081868 |
| 23658 |  | BOK Financial Corp | 2204216 |
| 15598 | (a) | Bridgewater Bancshares, Inc | 240053 |

---

4 *See Notes to Financial Statements*

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | BANKS (continued) |  |
| 67439 | Brookline Bancorp, Inc | $704063 |
| 2955 | Burke & Herbert Financial Services Corp | 165214 |
| 19568 | Business First Bancshares, Inc | 451042 |
| 25800 | Byline Bancorp, Inc | 658932 |
| 143139 | Cadence Bank | 4188247 |
| 11105 | Camden National Corp | 427765 |
| 191 | Capital Bancorp, Inc | 6034 |
| 4521 | Capital City Bank Group, Inc | 165197 |
| 105986 | Capitol Federal Financial, Inc | 600941 |
| 15958 (a) | Carter Bankshares, Inc | 244317 |
| 82639 | Cathay General Bancorp | 3445220 |
| 16021 | Central Pacific Financial Corp | 411579 |
| 1663132 | Citigroup, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;113724966 |
| 5190 | Citizens & Northern Corp | 99907 |
| 413701 | Citizens Financial Group, Inc | 15261430 |
| 13280 | City Holding Co | 1538754 |
| 5750 | Civista Bancshares, Inc | 129432 |
| 7874 | CNB Financial Corp | 172834 |
| 14705 (a) | Coastal Financial Corp | 1208016 |
| 208225 | Columbia Banking System, Inc | 4668405 |
| 27831 (a) | Columbia Financial, Inc | 374884 |
| 99964 | Comerica, Inc | 5373065 |
| 123540 | Commerce Bancshares, Inc | 7503820 |
| 60022 | Community Bank System, Inc | 3276601 |
| 14068 | Community Trust Bancorp, Inc | 688769 |
| 32974 | ConnectOne Bancorp, Inc | 742904 |
| 46800 | Cullen/Frost Bankers, Inc | 5450796 |
| 32,680(a) | Customers Bancorp, Inc | 1634000 |
| 139451 | CVB Financial Corp | 2585422 |
| 28972 | Dime Community Bancshares, Inc | 744291 |
| 26137 | Eagle Bancorp, Inc | 469159 |
| 127007 | East West Bancorp, Inc | 10865449 |
| 158264 | Eastern Bankshares, Inc | 2361299 |
| 5234 | Enterprise Bancorp, Inc | 194705 |
| 28968 | Enterprise Financial Services Corp | 1506915 |
| 11154 | Equity Bancshares, Inc | 429317 |
| 8510 | Esquire Financial Holdings, Inc | 705649 |
| 9389 | Farmers & Merchants Bancorp, Inc | 245710 |
| 11812 | Farmers National Banc Corp | 154028 |
| 34406 | FB Financial Corp | 1464319 |
| 587078 | Fifth Third Bancorp | 21099583 |
| 8770 | Financial Institutions, Inc | 222670 |
| 24700 | First Bancorp | 999362 |
| 158461 | First BanCorp | 3112174 |
| 7604 | First Bancorp, Inc | 185766 |
| 588 | First Bank | 8455 |
| 60032 | First Busey Corp | 1248065 |
| 8793 | First Business Financial Services, Inc | 423295 |
| 10427 | First Citizens Bancshares, Inc (Class A) | 18551093 |
| 135088 | First Commonwealth Financial Corp | 2069548 |
| 14032 | First Community Bancshares, Inc | 528726 |
| 73937 | First Financial Bancorp | 1711642 |
| 112033 | First Financial Bankshares, Inc | 3754226 |
| 4322 | First Financial Corp | 213507 |
| 113382 | First Foundation, Inc | 569178 |
| 135411 | First Hawaiian, Inc | 3095495 |
| 502723 | First Horizon National Corp | 9089232 |
| 90601 | First Interstate BancSystem, Inc | 2373293 |
| 47027 | First Merchants Corp | 1676042 |
| 12091 | First Mid Bancshares, Inc | 404202 |
| 12529 | First of Long Island Corp | 144334 |
| 9917 (a) | First Western Financial, Inc | 209150 |

---

*See Notes to Financial Statements* 5

------

## Portfolios of Investments April 30, 2025 (continued)
Equity Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | BANKS (continued) |  |
| 15276 |  | Five Star Bancorp | $422840 |
| 42707 |  | Flushing Financial Corp | 511203 |
| 325156 |  | FNB Corp | 4256292 |
| 194217 |  | Fulton Financial Corp | 3239540 |
| 19386 | (a),(b) | FVCBankcorp, Inc | 221388 |
| 19355 |  | German American Bancorp, Inc | 733748 |
| 101511 |  | Glacier Bancorp, Inc | 4137588 |
| 7132 |  | Great Southern Bancorp, Inc | 392260 |
| 11967 |  | Greene County Bancorp, Inc | 266266 |
| 5058 |  | Guaranty Bancshares, Inc | 199589 |
| 70171 |  | Hancock Whitney Corp | 3655207 |
| 29083 |  | Hanmi Financial Corp | 665128 |
| 39598 |  | HarborOne Bancorp, Inc | 448249 |
| 7219 |  | HBT Financial, Inc | 167300 |
| 55657 |  | Heritage Commerce Corp | 503139 |
| 28290 |  | Heritage Financial Corp | 645578 |
| 46898 |  | Hilltop Holdings, Inc | 1384898 |
| 1692 |  | Hingham Institution For Savings The | 422256 |
| 2890 |  | Home Bancorp, Inc | 145483 |
| 183082 |  | Home Bancshares, Inc | 5080526 |
| 32654 | (a) | HomeStreet, Inc | 370949 |
| 8226 |  | HomeTrust Bancshares, Inc | 280836 |
| 99262 |  | Hope Bancorp, Inc | 989642 |
| 37769 |  | Horizon Bancorp, Inc | 554449 |
| 1192416 |  | Huntington Bancshares, Inc | 17325804 |
| 41058 |  | Independent Bank Corp | 2426117 |
| 16001 |  | Independent Bank Corp | 487390 |
| 63589 |  | International Bancshares Corp | 3881473 |
| 10716 |  | John Marshall Bancorp, Inc | 184208 |
| 2490968 |  | JPMorgan Chase & Co | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;609340592 |
| 62205 |  | Kearny Financial Corp | 389403 |
| 839749 |  | Keycorp | 12461875 |
| 19759 |  | Lakeland Financial Corp | 1099984 |
| 23057 |  | Live Oak Bancshares, Inc | 602710 |
| 146895 |  | M&T Bank Corp | 24936895 |
| 8910 |  | Mercantile Bank Corp | 376982 |
| 28455 |  | Metrocity Bankshares, Inc | 784504 |
| 15723 | (a) | Metropolitan Bank Holding Corp | 973725 |
| 11042 |  | Mid Penn Bancorp, Inc | 320770 |
| 22606 |  | Midland States Bancorp, Inc | 368026 |
| 5927 |  | MidWestOne Financial Group, Inc | 164415 |
| 25698 |  | MVB Financial Corp | 438408 |
| 56061 |  | National Bank Holdings Corp | 2027166 |
| 34793 |  | NBT Bancorp, Inc | 1473136 |
| 288217 | (b) | New York Community Bancorp, Inc | 3375021 |
| 8973 |  | Nicolet Bankshares, Inc | 1048136 |
| 9353 |  | Northeast Bank | 774615 |
| 27798 |  | Northeast Community Bancorp, Inc | 632682 |
| 44937 |  | Northfield Bancorp, Inc | 474085 |
| 101413 |  | Northwest Bancshares, Inc | 1252451 |
| 2936035 | (a) | NU Holdings Ltd | 36494915 |
| 52078 |  | OceanFirst Financial Corp | 862412 |
| 72625 |  | OFG Bancorp | 2857794 |
| 244450 |  | Old National Bancorp | 5033226 |
| 15271 |  | Old Second Bancorp, Inc | 241129 |
| 20312 |  | Origin Bancorp, Inc | 650796 |
| 3618 |  | Orrstown Financial Services, Inc | 108431 |
| 89066 |  | Pacific Premier Bancorp, Inc | 1811602 |
| 11574 |  | Park National Corp | 1737257 |
| 12857 |  | Parke Bancorp, Inc | 242354 |
| 22883 |  | Pathward Financial, Inc | 1816224 |
| 10253 |  | Peapack Gladstone Financial Corp | 283803 |

---

6 *See Notes to Financial Statements*

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | BANKS (continued) |  |
| 23125 | Peoples Bancorp, Inc | $670856 |
| 8138 | Peoples Financial Services Corp | 351724 |
| 64999 | Pinnacle Financial Partners, Inc | 6515500 |
| 385 (a) | Pioneer Bancorp, Inc | 4320 |
| 348410 | PNC Financial Services Group, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55986003 |
| 61345 | Popular, Inc | 5853540 |
| 12183 | Preferred Bank | 972934 |
| 5687 | Primis Financial Corp | 46861 |
| 84394 | Prosperity Bancshares, Inc | 5730353 |
| 145550 | Provident Financial Services, Inc | 2382654 |
| 14068 | QCR Holdings, Inc | 913717 |
| 22257 | RBB Bancorp | 346764 |
| 4522 | Red River Bancshares, Inc | 238309 |
| 776524 | Regions Financial Corp | 15848855 |
| 57881 | Renasant Corp | 1856244 |
| 4137 | Republic Bancorp, Inc (Class A) | 280695 |
| 33109 | S&T Bancorp, Inc | 1206492 |
| 69004 | Seacoast Banking Corp of Florida | 1636085 |
| 58630 | ServisFirst Bancshares, Inc | 4175629 |
| 14920 | Shore Bancshares, Inc | 206344 |
| 5250 | Sierra Bancorp | 138915 |
| 98370 | Simmons First National Corp (Class A) | 1835584 |
| 16069 | SmartFinancial, Inc | 488819 |
| 354 | South Plains Financial, Inc | 11933 |
| 2746 (a) | Southern First Bancshares, Inc | 97510 |
| 5675 | Southern Missouri Bancorp, Inc | 298789 |
| 24349 | Southside Bancshares, Inc | 686398 |
| 86272 | SouthState Corp | 7486684 |
| 38203 | Stellar Bancorp, Inc | 953547 |
| 21096 | Stock Yards Bancorp, Inc | 1535578 |
| 110649 | Synovus Financial Corp | 4793315 |
| 38762 (a) | Texas Capital Bancshares, Inc | 2641630 |
| 119035 | TFS Financial Corp | 1542694 |
| 11131 | Tompkins Trustco, Inc | 663408 |
| 56169 | Towne Bank | 1850769 |
| 24322 | Trico Bancshares | 938343 |
| 17672 (a) | Triumph Financial, Inc | 944038 |
| 1171805 | Truist Financial Corp | 44927004 |
| 19519 | TrustCo Bank Corp NY | 594354 |
| 45567 | Trustmark Corp | 1528773 |
| 57830 | UMB Financial Corp | 5468983 |
| 135795 | United Bankshares, Inc | 4656411 |
| 103599 | United Community Banks, Inc | 2860368 |
| 22107 | Univest Financial Corp | 653041 |
| 1353999 | US Bancorp | 54620320 |
| 554230 | Valley National Bancorp | 4766378 |
| 34533 | Veritex Holdings, Inc | 803928 |
| 88539 | Washington Federal, Inc | 2526018 |
| 15885 | Washington Trust Bancorp, Inc | 438426 |
| 153531 | Webster Financial Corp | 7262016 |
| 2922142 | Wells Fargo & Co | 207501303 |
| 115587 | WesBanco, Inc | 3442181 |
| 8366 | West Bancorporation, Inc | 162342 |
| 20400 | Westamerica Bancorporation | 987972 |
| 91934 | Western Alliance Bancorp | 6408719 |
| 47822 | Wintrust Financial Corp | 5316372 |
| 47065 | WSFS Financial Corp | 2426201 |
| 130592 | Zions Bancorporation | 5872722 |
|  | TOTAL BANKS | 1807396678 |
|  | CAPITAL GOODS - 6.6% |  |
| 90270 (a) | 3D Systems Corp | 166097 |
| 480328 | 3M Co | 66722362 |

---

*See Notes to Financial Statements* 7

------

Equity Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | CAPITAL GOODS (continued) |  |
| 100665 |  | A.O. Smith Corp | $6831127 |
| 54660 |  | Aaon, Inc | 4988818 |
| 23678 | (a) | AAR Corp | 1265826 |
| 26578 |  | Acuity Brands, Inc | 6474667 |
| 57160 |  | Advanced Drainage Systems, Inc | 6487088 |
| 115971 |  | Aecom Technology Corp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11440539 |
| 22184 | (a) | Aerovironment, Inc | 3361320 |
| 27273 | (a) | AerSale Corp | 190093 |
| 53416 |  | AGCO Corp | 4531279 |
| 107782 |  | Air Lease Corp | 5039886 |
| 13727 |  | Alamo Group, Inc | 2292134 |
| 34459 |  | Albany International Corp (Class A) | 2266024 |
| 76759 |  | Allegion plc | 10684853 |
| 6208 |  | Allied Motion Technologies, Inc | 132541 |
| 76634 |  | Allison Transmission Holdings, Inc | 7068720 |
| 12889 | (b) | Alta Equipment Group, Inc | 54778 |
| 35576 | (a) | Ameresco, Inc | 378173 |
| 27449 | (a) | American Superconductor Corp | 544863 |
| 12826 | (a) | American Woodmark Corp | 756734 |
| 202126 |  | Ametek, Inc | 34276527 |
| 210322 | (a) | API Group Corp | 7956481 |
| 18243 |  | Apogee Enterprises, Inc | 723700 |
| 30780 |  | Applied Industrial Technologies, Inc | 7488158 |
| 375038 | (a) | Archer Aviation, Inc | 3124067 |
| 50409 |  | Arcosa, Inc | 4036249 |
| 11536 |  | Argan, Inc | 1766508 |
| 45529 |  | Armstrong World Industries, Inc | 6602616 |
| 157065 | (a) | Array Technologies, Inc | 750771 |
| 17527 |  | Astec Industries, Inc | 635003 |
| 17487 | (a) | Astronics Corp | 396780 |
| 34587 |  | Atkore, Inc | 2209072 |
| 94994 |  | Atmus Filtration Technologies, Inc | 3293442 |
| 65174 | (a) | Axon Enterprise, Inc | 39971214 |
| 132278 | (a) | AZEK Co, Inc | 6555698 |
| 18025 |  | AZZ, Inc | 1563849 |
| 568083 | (a),(b) | Blink Charging Co | 415894 |
| 162550 | (a) | Bloom Energy Corp | 2977916 |
| 25060 | (a) | Blue Bird Corp | 873842 |
| 11068 | (a) | BlueLinx Holdings, Inc | 720970 |
| 662389 | (a) | Boeing Co | 121376160 |
| 33731 |  | Boise Cascade Co | 3146428 |
| 11845 | (a) | Bowman Consulting Group Ltd | 262011 |
| 40102 | (b) | Brookfield Business Corp | 1051875 |
| 106149 | (a) | Builders FirstSource, Inc | 12698605 |
| 73250 |  | BWX Technologies, Inc | 7993040 |
| 8806 |  | Cadre Holdings, Inc | 256695 |
| 37748 |  | Carlisle Cos, Inc | 14324611 |
| 725783 |  | Carrier Global Corp | 45390469 |
| 427764 |  | Caterpillar, Inc | 132294572 |
| 59348 | (a),(b) | Centuri Holdings, Inc | 1065890 |
| 531871 | (a),(b) | ChargePoint Holdings, Inc | 331249 |
| 36781 | (a) | Chart Industries, Inc | 4964699 |
| 669075 |  | CNH Industrial NV | 7741198 |
| 20151 |  | Columbus McKinnon Corp | 299242 |
| 28861 |  | Comfort Systems USA, Inc | 11473691 |
| 887 |  | Concrete Pumping Holdings, Inc | 5322 |
| 43404 | (a) | Construction Partners, Inc | 3565205 |
| 169838 | (a) | Core & Main, Inc | 8947066 |
| 45095 |  | Crane Co | 7259393 |
| 15294 |  | CSW Industrials, Inc | 4779069 |
| 122264 |  | Cummins, Inc | 35926054 |
| 33427 |  | Curtiss-Wright Corp | 11528638 |

---

8 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | CAPITAL GOODS (continued) |  |
| 55814 | (a),(b) | Custom Truck One Source, Inc | $224930 |
| 219231 |  | Deere & Co | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;101626722 |
| 80220 | (a) | DNOW, Inc | 1273091 |
| 122703 |  | Donaldson Co, Inc | 8065268 |
| 17088 |  | Douglas Dynamics, Inc | 409770 |
| 121539 |  | Dover Corp | 20740630 |
| 7460 | (a) | Ducommun, Inc | 427607 |
| 12598 | (a) | DXP Enterprises, Inc | 1114419 |
| 21956 | (a) | Dycom Industries, Inc | 3678728 |
| 347114 |  | Eaton Corp plc | 102179948 |
| 39624 |  | EMCOR Group, Inc | 15877337 |
| 504257 |  | Emerson Electric Co | 53002453 |
| 46405 | (a) | Energy Recovery, Inc | 716957 |
| 94986 | (a),(b) | Energy Vault Holdings, Inc | 71069 |
| 55416 |  | Enerpac Tool Group Corp | 2237144 |
| 33465 |  | EnerSys | 2898069 |
| 116702 | (a),(b) | Enovix Corp | 781903 |
| 16390 |  | EnPro Industries, Inc | 2448666 |
| 44651 |  | Esab Corp | 5363478 |
| 19331 |  | ESCO Technologies, Inc | 3024335 |
| 49319 | (a) | Everus Construction Group, Inc | 1984597 |
| 499292 |  | Fastenal Co | 40427673 |
| 46155 |  | Federal Signal Corp | 3758402 |
| 177489 |  | Ferguson Enterprises, Inc | 30112784 |
| 98402 |  | Flowserve Corp | 4450722 |
| 46207 | (a),(b) | Fluence Energy, Inc | 188987 |
| 131134 | (a) | Fluor Corp | 4575265 |
| 304781 |  | Fortive Corp | 21240188 |
| 104386 |  | Fortune Brands Innovations, Inc | 5618055 |
| 37279 |  | Franklin Electric Co, Inc | 3167224 |
| 171229 | (a),(b) | Freyr Battery, Inc | 207187 |
| 90879 |  | FTAI Aviation Ltd | 9734050 |
| 17059 | (a),(b) | FuelCell Energy, Inc | 69942 |
| 227491 | (a) | Gates Industrial Corp plc | 4304130 |
| 34075 |  | GATX Corp | 4973587 |
| 240687 |  | GE Vernova, Inc | 89251553 |
| 26667 | (a) | Gencor Industries, Inc | 338404 |
| 54140 | (a) | Generac Holdings, Inc | 6192533 |
| 238875 |  | General Dynamics Corp | 65002665 |
| 956828 |  | General Electric Co | 192839115 |
| 26448 | (a) | Gibraltar Industries, Inc | 1400422 |
| 25662 |  | Global Industrial Co | 659000 |
| 37797 | (a) | GMS, Inc | 2769008 |
| 18896 |  | Gorman-Rupp Co | 677611 |
| 147695 |  | Graco, Inc | 12053389 |
| 149154 | (a),(b) | GrafTech International Ltd | 94414 |
| 39368 |  | Granite Construction, Inc | 3200225 |
| 60950 | (a) | Great Lakes Dredge & Dock Corp | 554036 |
| 33587 |  | Greenbrier Cos, Inc | 1424761 |
| 40831 |  | Griffon Corp | 2780999 |
| 22211 |  | H&E Equipment Services, Inc | 1994770 |
| 130446 | (a) | Hayward Holdings, Inc | 1738845 |
| 36168 |  | HEICO Corp | 9069488 |
| 70220 |  | HEICO Corp (Class A) | 14109305 |
| 23945 |  | Helios Technologies, Inc | 652741 |
| 25702 |  | Herc Holdings, Inc | 2812827 |
| 78974 |  | Hexcel Corp | 3827870 |
| 76991 |  | Hillenbrand, Inc | 1557528 |
| 103419 | (a) | Hillman Solutions Corp | 722899 |
| 578997 |  | Honeywell International, Inc | 121878869 |
| 355853 |  | Howmet Aerospace, Inc | 49314109 |
| 46409 |  | Hubbell, Inc | 16854821 |

---

*See Notes to Financial Statements* 9

------

Equity Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | CAPITAL GOODS (continued) |  |
| 33445 | (a) | Hudson Technologies, Inc | $223747 |
| 35838 |  | Huntington Ingalls Industries, Inc | 8254925 |
| 306800 | (a),(b) | Hyliion Holdings Corp | 463268 |
| 7156 |  | Hyster-Yale Materials Handling, Inc | 275005 |
| 67464 |  | IDEX Corp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11736712 |
| 9895 | (a) | IES Holdings, Inc | 1946149 |
| 260646 |  | Illinois Tool Works, Inc | 62531582 |
| 356567 |  | Ingersoll Rand, Inc | 26895849 |
| 15632 |  | Insteel Industries, Inc | 530081 |
| 66469 | (a) | Intuitive Machines, Inc | 545046 |
| 77067 |  | ITT, Inc | 10559720 |
| 82032 | (a) | Janus International Group, Inc | 564380 |
| 95278 | (a) | JELD-WEN Holding, Inc | 525935 |
| 41736 |  | John Bean Technologies Corp | 4393131 |
| 590175 |  | Johnson Controls International plc | 49515683 |
| 9278 | (b) | Kadant, Inc | 2737010 |
| 63395 |  | Kennametal, Inc | 1234935 |
| 110429 | (a) | Kratos Defense & Security Solutions, Inc | 3730844 |
| 160855 |  | L3Harris Technologies, Inc | 35391317 |
| 4474 | (a) | Lawson Products, Inc | 116503 |
| 26580 |  | Lennox International, Inc | 14532615 |
| 90506 |  | Leonardo DRS, Inc | 3345102 |
| 16978 | (a) | Limbach Holdings, Inc | 1625474 |
| 47515 |  | Lincoln Electric Holdings, Inc | 8372143 |
| 8406 |  | Lindsay Corp | 1084878 |
| 42000 | (a) | Loar Holdings, Inc | 3972360 |
| 185863 |  | Lockheed Martin Corp | 88796048 |
| 32814 |  | LSI Industries, Inc | 495163 |
| 30526 |  | Luxfer Holdings plc | 328460 |
| 25887 | (a) | Manitowoc Co, Inc | 203990 |
| 195438 |  | Masco Corp | 11845497 |
| 47879 | (a) | Mastec, Inc | 6095954 |
| 104386 | (a) | Masterbrand, Inc | 1268290 |
| 26438 | (a) | Mayville Engineering Co Inc | 337878 |
| 21770 |  | McGrath RentCorp | 2322206 |
| 56073 | (a) | Mercury Computer Systems, Inc | 2803650 |
| 46376 | (a) | Middleby Corp | 6184240 |
| 12532 |  | Miller Industries, Inc | 511431 |
| 27127 |  | Moog, Inc (Class A) | 4536991 |
| 74482 | (a) | MRC Global, Inc | 867715 |
| 40108 |  | MSC Industrial Direct Co (Class A) | 3067460 |
| 103888 |  | Mueller Industries, Inc | 7642001 |
| 123593 |  | Mueller Water Products, Inc (Class A) | 3243080 |
| 15607 | (a) | MYR Group, Inc | 1909048 |
| 52011 | (a),(b) | NANO Nuclear Energy, Inc | 1183250 |
| 3753 |  | National Presto Industries, Inc | 316566 |
| 138086 | (a) | NEXTracker, Inc | 5607672 |
| 50093 |  | Nordson Corp | 9496130 |
| 119877 |  | Northrop Grumman Corp | 58320161 |
| 5136 | (a) | Northwest Pipe Co | 217561 |
| 63246 | (a),(b) | NuScale Power Corp | 1047986 |
| 138034 |  | nVent Electric plc | 7579447 |
| 2380 |  | Omega Flex, Inc | 71305 |
| 174014 | (a) | Orion Marine Group, Inc | 1111949 |
| 51245 |  | Oshkosh Corp | 4292281 |
| 359501 |  | Otis Worldwide Corp | 34609161 |
| 70404 |  | Owens Corning, Inc | 10237446 |
| 444749 |  | PACCAR, Inc | 40120807 |
| 17348 |  | Park Aerospace Corp | 226738 |
| 113220 |  | Parker-Hannifin Corp | 68504893 |
| 133782 |  | Pentair plc | 12138041 |
| 1323869 | (a) | Plug Power, Inc | 1155208 |

---

10 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | CAPITAL GOODS (continued) |  |
| 6237 | (b) | Powell Industries, Inc | $1142057 |
| 1157 |  | Preformed Line Products Co | 158937 |
| 58364 |  | Primoris Services Corp | 3500089 |
| 20651 | (a) | Proto Labs, Inc | 726089 |
| 97523 |  | Quanex Building Products Corp | 1603278 |
| 127607 |  | Quanta Services, Inc | 37349293 |
| 25790 | (a) | RBC Bearings, Inc | 8473820 |
| 60202 | (a) | Redwire Corp | 648978 |
| 58146 |  | Regal-Beloit Corp | 6154173 |
| 112180 | (a) | Resideo Technologies, Inc | 1882380 |
| 34968 |  | REV Group, Inc | 1143454 |
| 306374 | (a),(b) | Rocket Lab USA, Inc | 6675889 |
| 97124 |  | Rockwell Automation, Inc | 24055672 |
| 1177526 |  | RTX Corp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;148521354 |
| 6598 |  | Rush Enterprises, Inc | 381628 |
| 44730 |  | Rush Enterprises, Inc (Class A) | 2280783 |
| 134984 |  | Sensata Technologies Holding plc | 2888658 |
| 198020 | (a),(b) | SES AI Corp | 177980 |
| 561090 | (a) | Shoals Technologies Group, Inc | 2025535 |
| 24827 |  | Shyft Group, Inc | 210036 |
| 37416 |  | Simpson Manufacturing Co, Inc | 5750465 |
| 40856 | (a) | SiteOne Landscape Supply, Inc | 4690677 |
| 46027 |  | Snap-On, Inc | 14443733 |
| 106309 | (a) | Spirit Aerosystems Holdings, Inc (Class A) | 3827124 |
| 33039 | (a) | SPX Technologies, Inc | 4432182 |
| 113112 | (a) | Standardaero, Inc | 3056286 |
| 8453 |  | Standex International Corp | 1195423 |
| 130458 |  | Stanley Black & Decker, Inc | 7830089 |
| 23409 | (a) | Sterling Construction Co, Inc | 3498007 |
| 191646 | (a),(b) | Sunrun, Inc | 1320441 |
| 32061 |  | Tecnoglass, Inc | 2284987 |
| 24854 |  | Tennant Co | 1793465 |
| 69107 |  | Terex Corp | 2432566 |
| 151739 |  | Textron, Inc | 10677873 |
| 22578 | (a) | Thermon Group Holdings, Inc | 592221 |
| 48377 |  | Timken Co | 3108222 |
| 51987 | (a) | Titan International, Inc | 382104 |
| 13882 | (a) | Titan Machinery, Inc | 230302 |
| 91243 |  | Toro Co | 6230072 |
| 202306 |  | Trane Technologies plc | 77545913 |
| 5151 | (a) | Transcat, Inc | 408629 |
| 47577 |  | TransDigm Group, Inc | 67229631 |
| 100182 | (a) | Trex Co, Inc | 5792523 |
| 123443 |  | Trinity Industries, Inc | 3098419 |
| 99724 | (a) | Triumph Group, Inc | 2532990 |
| 49355 | (a) | Tutor Perini Corp | 1059158 |
| 59386 |  | UFP Industries, Inc | 5870306 |
| 56177 |  | United Rentals, Inc | 35472967 |
| 39589 | (a) | V2X, Inc | 1969949 |
| 18457 |  | Valmont Industries, Inc | 5411962 |
| 321037 |  | Vertiv Holdings Co | 27410139 |
| 15571 | (a) | Vicor Corp | 621361 |
| 16951 | (a),(b) | Virgin Galactic Holdings, Inc | 48988 |
| 39155 |  | W.W. Grainger, Inc | 40106858 |
| 39430 |  | Wabash National Corp | 272461 |
| 31821 |  | Watsco, Inc | 14632569 |
| 26804 |  | Watts Water Technologies, Inc (Class A) | 5568531 |
| 40493 |  | WESCO International, Inc | 6598739 |
| 150275 |  | Westinghouse Air Brake Technologies Corp | 27761804 |
| 168942 |  | WillScot Mobile Mini Holdings Corp | 4243823 |
| 55521 |  | Woodward Inc | 10414074 |
| 25062 |  | Worthington Enterprises, Inc | 1268889 |

---

*See Notes to Financial Statements* 11

------

Equity Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | CAPITAL GOODS (continued) |  |
| 35235 | (a) | Xometry, Inc | $903425 |
| 210881 |  | Xylem, Inc | 25425922 |
| 140071 |  | Zurn Elkay Water Solutions Corp | 4756811 |
|  |  | TOTAL CAPITAL GOODS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3127448646 |
|  |  | COMMERCIAL & PROFESSIONAL SERVICES - 1.7% |  |
| 71796 |  | ABM Industries, Inc | 3499337 |
| 91019 |  | ACCO Brands Corp | 351333 |
| 110227 | (a) | ACV Auctions, Inc | 1619235 |
| 380551 |  | Alight, Inc | 1944616 |
| 172465 | (a) | Amentum Holdings, Inc | 3763186 |
| 33223 | (a) | Asure Software, Inc | 337546 |
| 364303 |  | Automatic Data Processing, Inc | 109509482 |
| 21308 |  | Barrett Business Services, Inc | 864252 |
| 27933 | (a),(b) | BlackSky Technology, Inc | 233520 |
| 110250 |  | Booz Allen Hamilton Holding Corp | 13232205 |
| 34803 | (a) | BrightView Holdings, Inc | 477497 |
| 35470 |  | Brink's Co | 3165343 |
| 103884 |  | Broadridge Financial Solutions, Inc | 25181482 |
| 19011 | (a) | CACI International, Inc (Class A) | 8704567 |
| 54887 | (a) | Casella Waste Systems, Inc (Class A) | 6446478 |
| 43111 | (a) | CBIZ, Inc | 2935859 |
| 25717 | (a) | CECO Environmental Corp | 611807 |
| 122132 | (a) | Ceridian HCM Holding, Inc | 7067779 |
| 13622 | (a) | Cimpress plc | 572396 |
| 307453 |  | Cintas Corp | 65081651 |
| 387769 | (a) | Clarivate plc | 1671284 |
| 44744 | (a) | Clean Harbors, Inc | 9572531 |
| 49867 |  | Concentrix Corp | 2546209 |
| 132462 | (a) | Conduent, Inc | 279495 |
| 789491 | (a) | Copart, Inc | 48182636 |
| 100942 | (a) | CoreCivic, Inc | 2285327 |
| 4484 |  | CRA International, Inc | 727305 |
| 26157 |  | CSG Systems International, Inc | 1572820 |
| 30980 |  | Deluxe Corp | 452308 |
| 75581 | (a) | Driven Brands Holdings, Inc | 1248598 |
| 196245 |  | Dun & Bradstreet Holdings, Inc | 1760318 |
| 78667 |  | Ennis, Inc | 1412073 |
| 108514 |  | Equifax, Inc | 28227747 |
| 132285 | (a) | ExlService Holdings, Inc | 6413177 |
| 41992 |  | Exponent, Inc | 3303931 |
| 53505 | (a),(b) | First Advantage Corp | 754420 |
| 8190 | (a) | Forrester Research, Inc | 76576 |
| 9141 | (a) | Franklin Covey Co | 185654 |
| 31944 | (a) | FTI Consulting, Inc | 5311648 |
| 161326 |  | Genpact Ltd | 8108245 |
| 97493 | (a) | GEO Group, Inc | 3049581 |
| 61320 | (a) | Harsco Corp | 421268 |
| 56484 | (a) | Healthcare Services Group | 802638 |
| 14986 |  | Heidrick & Struggles International, Inc | 584754 |
| 56093 |  | Herman Miller, Inc | 919925 |
| 39729 |  | HNI Corp | 1680537 |
| 17579 | (a) | Huron Consulting Group, Inc | 2369473 |
| 14225 |  | ICF International, Inc | 1208556 |
| 32868 | (a) | Innodata, Inc | 1243068 |
| 30132 |  | Insperity, Inc | 1958881 |
| 40589 |  | Interface, Inc | 763073 |
| 108944 |  | Jacobs Solutions, Inc | 13487267 |
| 126396 |  | KBR, Inc | 6674973 |
| 25446 |  | Kelly Services, Inc (Class A) | 293901 |
| 14799 |  | Kforce, Inc | 565322 |
| 44482 |  | Korn/Ferry International | 2744539 |
| 82778 | (a) | Legalzoom.com, Inc | 605935 |

---

12 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | COMMERCIAL & PROFESSIONAL SERVICES (continued) |  |
| 115337 |  | Leidos Holdings, Inc | $16975300 |
| 20481 | (a) | Liquidity Services, Inc | 650886 |
| 39935 |  | Manpower, Inc | 1720000 |
| 23701 |  | Matthews International Corp (Class A) | 484685 |
| 58381 |  | MAXIMUS, Inc | 3909192 |
| 51680 | (a) | Mistras Group, Inc | 471322 |
| 19414 | (a) | Montrose Environmental Group, Inc | 284027 |
| 29217 |  | MSA Safety, Inc | 4599340 |
| 8091 |  | NL Industries, Inc | 69421 |
| 44132 | (a) | NV5 Global, Inc | 818649 |
| 99756 | (a) | OPENLANE, Inc | 1846484 |
| 47740 | (a) | Parsons Corp | 3191896 |
| 287686 |  | Paychex, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;42324364 |
| 44093 |  | Paycom Software, Inc | 9982214 |
| 37253 | (a) | Paylocity Holding Corp | 7156301 |
| 131794 |  | Pitney Bowes, Inc | 1143972 |
| 120113 | (a) | Planet Labs PBC | 395172 |
| 83380 |  | Quad Graphics, Inc | 397723 |
| 161078 |  | RB Global, Inc | 16220555 |
| 185108 |  | Republic Services, Inc | 46415831 |
| 31570 |  | Resources Connection, Inc | 181054 |
| 95845 |  | Robert Half International, Inc | 4245934 |
| 250978 |  | Rollins, Inc | 14338373 |
| 43704 |  | Science Applications International Corp | 5289495 |
| 188440 |  | SS&C Technologies Holdings, Inc | 14246064 |
| 72578 |  | Steelcase, Inc (Class A) | 719974 |
| 239975 |  | Tetra Tech, Inc | 7484820 |
| 166720 |  | TransUnion | 13831091 |
| 31176 |  | TriNet Group, Inc | 2442016 |
| 27408 | (a) | TrueBlue, Inc | 118951 |
| 13566 | (b) | TTEC Holdings, Inc | 54264 |
| 16144 |  | Unifirst Corp | 2881220 |
| 86222 | (a) | Upwork, Inc | 1133819 |
| 214229 |  | Veralto Corp | 20544561 |
| 125243 |  | Verisk Analytics, Inc | 37125782 |
| 157937 | (a) | Verra Mobility Corp | 3443027 |
| 101978 |  | Vestis Corp | 893327 |
| 14279 | (a) | Viad Corp | 418232 |
| 103449 | (b) | Virco Mfg. Corp | 950696 |
| 19685 |  | VSE Corp | 2254326 |
| 356826 |  | Waste Management, Inc | 83268915 |
| 7913 | (a) | Willdan Group, Inc | 310190 |
| 32019 | (a) | WNS Holdings Ltd | 1937790 |
|  |  | TOTAL COMMERCIAL & PROFESSIONAL SERVICES | 796236819 |
|  |  | CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 5.4% |  |
| 19450 | (a),(b) | 1-800-FLOWERS.COM, Inc (Class A) | 107559 |
| 41896 | (a) | Abercrombie & Fitch Co (Class A) | 2908420 |
| 44300 |  | Academy Sports & Outdoors, Inc | 1669224 |
| 84641 |  | Advance Auto Parts, Inc | 2769454 |
| 12218 |  | A-Mark Precious Metals, Inc | 297630 |
| 8316375 | (a) | Amazon.com, Inc | 1533705877 |
| 151292 |  | American Eagle Outfitters, Inc | 1593105 |
| 4429 | (a) | America's Car-Mart, Inc | 210023 |
| 37251 | (a) | Arhaus, Inc | 292793 |
| 88408 | (b) | Arko Corp | 355842 |
| 17268 | (a) | Asbury Automotive Group, Inc | 3766842 |
| 27134 | (a) | Autonation, Inc | 4725386 |
| 14933 | (a) | Autozone, Inc | 56186906 |
| 196056 | (a),(b) | BARK, Inc | 221543 |
| 191637 |  | Bath & Body Works, Inc | 5846845 |
| 174190 |  | Best Buy Co, Inc | 11616731 |
| 21956 | (a) | Boot Barn Holdings, Inc | 2290889 |

---

*See Notes to Financial Statements* 13

------

Equity Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL (continued) |  |
| 43151 |  | Buckle, Inc | $1499929 |
| 16431 |  | Build-A-Bear Workshop, Inc | 579686 |
| 54905 | (a) | Burlington Stores, Inc | 12355821 |
| 27131 | (b) | Caleres, Inc | 413476 |
| 45155 |  | Camping World Holdings, Inc | 544569 |
| 128771 | (a) | Carmax, Inc | 8327621 |
| 97361 | (a) | Carvana Co | 23790160 |
| 1023661 | (a) | Coupang, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;23922958 |
| 44243 | (b) | Designer Brands, Inc | 123438 |
| 74785 | (a) | Destination XL Group, Inc | 74007 |
| 47280 |  | Dick's Sporting Goods, Inc | 8876347 |
| 3335 | (b) | Dillard's, Inc (Class A) | 1156111 |
| 420873 |  | eBay, Inc | 28686704 |
| 106237 | (a) | Etsy, Inc | 4619185 |
| 3909 | (a),(b) | EVgo, Inc | 10789 |
| 46886 | (a) | Five Below, Inc | 3558179 |
| 89712 | (a) | Floor & Decor Holdings, Inc | 6409025 |
| 85370 | (a) | Foot Locker, Inc | 1047490 |
| 382192 | (a) | GameStop Corp (Class A) | 10647869 |
| 166065 |  | Gap, Inc | 3636824 |
| 10885 | (a) | Genesco, Inc | 211169 |
| 123926 |  | Genuine Parts Co | 14567501 |
| 19249 | (a),(b) | GigaCloud Technology, Inc | 241382 |
| 12919 |  | Group 1 Automotive, Inc | 5214496 |
| 19850 | (a),(b) | Groupon, Inc | 361469 |
| 113852 | (a),(b) | GrowGeneration Corp | 133207 |
| 12079 |  | Haverty Furniture Cos, Inc | 219355 |
| 880404 |  | Home Depot, Inc | 317376838 |
| 104497 | (b) | Kohl's Corp | 700130 |
| 29092 | (a) | Lands' End, Inc | 258337 |
| 119702 | (a),(b) | Leslie's, Inc | 71845 |
| 21647 |  | Lithia Motors, Inc (Class A) | 6337376 |
| 195614 |  | LKQ Corp | 7474411 |
| 500290 |  | Lowe's Cos, Inc | 111844832 |
| 239583 |  | Macy's, Inc | 2736038 |
| 14865 | (a) | MarineMax, Inc | 319003 |
| 24916 |  | Monro Muffler, Inc | 347329 |
| 14919 |  | Murphy USA, Inc | 7438166 |
| 60209 | (a) | National Vision Holdings, Inc | 743581 |
| 86070 |  | Nordstrom, Inc | 2077730 |
| 35743 | (a) | ODP Corp | 488964 |
| 57170 | (a) | Ollie's Bargain Outlet Holdings, Inc | 6066309 |
| 7506 | (a),(b) | OneWater Marine, Inc | 112665 |
| 50501 | (a) | O'Reilly Automotive, Inc | 71469015 |
| 294339 | (a) | Overstock.com, Inc | 1197960 |
| 19648 |  | Penske Auto Group, Inc | 3058604 |
| 63078 | (a) | Petco Health & Wellness Co, Inc | 186080 |
| 32909 |  | Pool Corp | 9646944 |
| 127958 | (a),(b) | RealReal, Inc | 742156 |
| 26266 | (a) | Revolve Group, Inc | 522168 |
| 11142 | (a) | RH | 2050462 |
| 282476 |  | Ross Stores, Inc | 39264164 |
| 258853 | (a) | Sally Beauty Holdings, Inc | 2107063 |
| 22839 | (a),(b) | Savers Value Village, Inc | 219026 |
| 10676 |  | Shoe Carnival, Inc | 185549 |
| 39515 |  | Signet Jewelers Ltd | 2343239 |
| 17467 | (a),(b) | Sleep Number Corp | 136068 |
| 17973 |  | Sonic Automotive, Inc (Class A) | 1091321 |
| 107982 | (a) | Stitch Fix, Inc | 353101 |
| 83380 | (a) | ThredUp, Inc | 374376 |
| 16584 | (a),(b) | Tilly's, Inc | 25374 |
| 1005412 |  | TJX Cos, Inc | 129376416 |

---

14 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL (continued) |  |
| 21328 | (a),(b) | Torrid Holdings, Inc | $135433 |
| 453520 |  | Tractor Supply Co | 22957182 |
| 41546 | (a) | Ulta Beauty, Inc | 16437259 |
| 56933 |  | Upbound Group, Inc | 1132967 |
| 53953 | (a) | Urban Outfitters, Inc | 2847639 |
| 113676 | (a) | Valvoline, Inc | 3894540 |
| 67822 | (a) | Victoria's Secret & Co | 1275054 |
| 64680 | (a) | Warby Parker, Inc | 1067867 |
| 74009 | (a),(b) | Wayfair, Inc | 2232111 |
| 109301 |  | Williams-Sonoma, Inc | 16883725 |
| 3199 |  | Winmark Corp | 1151672 |
| 17055 | (a) | Zumiez, Inc | 199544 |
|  |  | TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2588751469 |
|  |  | CONSUMER DURABLES & APPAREL - 0.8% |  |
| 29457 |  | Acushnet Holdings Corp | 1950643 |
| 54314 | (a) | Amer Sports, Inc | 1317114 |
| 48209 | (a),(b) | AMMO, Inc | 94972 |
| 37938 | (a) | Beazer Homes USA, Inc | 742067 |
| 54120 | (a) | BK LC Lux Finco 2 Sarl | 2783392 |
| 70933 |  | Brunswick Corp | 3266465 |
| 321085 | (a) | Callaway Golf Co | 2122372 |
| 87246 | (a) | Capri Holdings Ltd | 1312180 |
| 39511 |  | Carter's, Inc | 1305839 |
| 7534 | (a) | Cavco Industries, Inc | 3720666 |
| 36024 |  | Century Communities, Inc | 1964749 |
| 17828 |  | Clarus Corp | 58654 |
| 30881 |  | Columbia Sportswear Co | 1919872 |
| 39614 |  | Cricut, Inc | 197278 |
| 51200 | (a) | Crocs, Inc | 4936704 |
| 129474 | (a) | Deckers Outdoor Corp | 14349603 |
| 246912 |  | DR Horton, Inc | 31194862 |
| 28420 | (a),(b) | Dream Finders Homes, Inc | 643997 |
| 17863 |  | Ethan Allen Interiors, Inc | 507845 |
| 99142 | (a),(b) | Figs, Inc | 399542 |
| 16268 | (a),(b) | Funko, Inc | 65235 |
| 139101 | (a) | Garmin Ltd | 25993804 |
| 32892 | (a) | G-III Apparel Group Ltd | 829536 |
| 95226 | (a) | GoPro, Inc | 54850 |
| 22207 | (a) | Green Brick Partners, Inc | 1309991 |
| 354000 | (a) | Hanesbrands, Inc | 1624860 |
| 113125 |  | Hasbro, Inc | 7002437 |
| 17902 | (a) | Helen of Troy Ltd | 498750 |
| 5395 | (a) | Hovnanian Enterprises, Inc | 522236 |
| 17511 |  | Installed Building Products, Inc | 2903849 |
| 20871 | (a),(b) | iRobot Corp | 51134 |
| 18019 |  | JAKKS Pacific, Inc | 347586 |
| 4498 | (b) | Johnson Outdoors, Inc | 102689 |
| 54298 |  | KB Home | 2933721 |
| 52445 |  | Kontoor Brands, Inc | 3154567 |
| 41872 | (a) | Landsea Homes Corp | 255419 |
| 28807 | (a) | Latham Group, Inc | 157430 |
| 33828 |  | La-Z-Boy, Inc | 1336206 |
| 166 | (a) | Legacy Housing Corp | 4038 |
| 274241 |  | Leggett & Platt, Inc | 2638198 |
| 205452 |  | Lennar Corp (Class A) | 22314142 |
| 6572 |  | Lennar Corp (Class B) | 679348 |
| 29923 | (a) | LGI Homes, Inc | 1634095 |
| 8731 | (a) | Lovesac Co | 169818 |
| 101263 | (a) | Lululemon Athletica, Inc | 27418982 |
| 32712 | (a) | M/I Homes, Inc | 3489716 |
| 15494 | (a) | Malibu Boats, Inc | 442509 |
| 6781 |  | Marine Products Corp | 56960 |

---

*See Notes to Financial Statements* 15

------

Equity Index

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | CONSUMER DURABLES & APPAREL (continued) |  |
| 13757 (a) | MasterCraft Boat Holdings, Inc | $226165 |
| 253886 (a) | Mattel, Inc | 4034249 |
| 75268 | Meritage Homes Corp | 5128761 |
| 45619 (a) | Mohawk Industries, Inc | 4851581 |
| 11455 | Movado Group, Inc | 159110 |
| 521543 | Newell Rubbermaid, Inc | 2492976 |
| 1024248 | Nike, Inc (Class B) | 57767587 |
| 2399 (a) | NVR, Inc | 17094674 |
| 11713 | Oxford Industries, Inc | 569252 |
| 245766 (a) | Peloton Interactive, Inc | 1693328 |
| 49830 | Polaris Industries, Inc | 1692227 |
| 170441 | Pulte Homes, Inc | 17483838 |
| 117697 (a) | Purple Innovation, Inc | 79657 |
| 53508 | PVH Corp | 3690982 |
| 35835 | Ralph Lauren Corp | 8061083 |
| 5014 | Rocky Brands, Inc | 107249 |
| 66788 (a) | SharkNinja Global SPV Ltd | 5376434 |
| 111211 (a) | Skechers U.S.A., Inc (Class A) | 5340352 |
| 45632 (a) | Skyline Champion Corp | 3947168 |
| 39576 | Smith & Wesson Brands, Inc | 377159 |
| 97889 (a) | Sonos, Inc | 901558 |
| 59762 | Steven Madden Ltd | 1255002 |
| 31019 | Sturm Ruger & Co, Inc | 1261233 |
| 202667 | Tapestry, Inc | 14318424 |
| 84857 (a) | Taylor Morrison Home Corp | 4866549 |
| 133539 (b) | Tempur Sealy International, Inc | 8153891 |
| 84307 | Toll Brothers, Inc | 8504047 |
| 29160 (a) | TopBuild Corp | 8624362 |
| 16458 (a) | Traeger, Inc | 24029 |
| 92678 (a) | Tri Pointe Homes, Inc | 2849848 |
| 142219 (a) | Under Armour, Inc (Class A) | 813493 |
| 152950 (a) | Under Armour, Inc (Class C) | 832048 |
| 327295 | VF Corp | 3888265 |
| 44369 | Whirlpool Corp | 3384467 |
| 60869 | Wolverine World Wide, Inc | 794340 |
| 87376 (a) | YETI Holdings, Inc | 2494585 |
|  | TOTAL CONSUMER DURABLES & APPAREL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;385920895 |
|  | CONSUMER SERVICES - 2.3% |  |
| 42715 (a) | Accel Entertainment, Inc | 439965 |
| 369355 | ADT, Inc | 2962227 |
| 36733 (a) | Adtalem Global Education, Inc | 3901045 |
| 379062 (a) | Airbnb, Inc | 46215239 |
| 232262 | Aramark | 7764519 |
| 2687 (a) | Biglari Holdings, Inc (B Shares) | 625829 |
| 16236 (a) | BJ's Restaurants, Inc | 540496 |
| 101155 | Bloomin' Brands, Inc | 811263 |
| 29273 | Booking Holdings, Inc | 149271223 |
| 61775 | Boyd Gaming Corp | 4271124 |
| 53584 (a) | Bright Horizons Family Solutions, Inc | 6720505 |
| 42293 (a) | Brinker International, Inc | 5679950 |
| 177460 (a) | Caesars Entertainment, Inc | 4802068 |
| 873209 (a) | Carnival Corp | 16014653 |
| 13917 | Carriage Services, Inc | 556123 |
| 63982 (a) | Cava Group, Inc | 5913856 |
| 31587 (b) | Cheesecake Factory | 1591037 |
| 107492 (a) | Chegg, Inc | 78168 |
| 1198011 (a) | Chipotle Mexican Grill, Inc (Class A) | 60523516 |
| 27242 (b) | Choice Hotels International, Inc | 3435489 |
| 65440 | Churchill Downs, Inc | 5916430 |
| 147520 (a) | Coursera, Inc | 1242118 |
| 17056 (b) | Cracker Barrel Old Country Store, Inc | 728291 |
| 104438 | Darden Restaurants, Inc | 20954440 |

---

16 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | CONSUMER SERVICES (continued) |  |
| 30838 | (a),(b) | Dave & Buster's Entertainment, Inc | $591781 |
| 49845 | (a) | Denny's Corp | 183928 |
| 41653 | (a) | Despegar.com Corp | 810567 |
| 13530 |  | Dine Brands Global Inc. | 269382 |
| 29862 |  | Domino's Pizza, Inc | 14643429 |
| 315661 | (a) | DoorDash, Inc | 60887850 |
| 406325 | (a) | DraftKings, Inc | 13526559 |
| 34837 | (a) | Duolingo, Inc | 13568315 |
| 103102 | (a) | Dutch Bros, Inc | 6159314 |
| 12211 | (a) | El Pollo Loco Holdings, Inc | 114173 |
| 9603 | (a) | European Wax Center, Inc | 29961 |
| 63702 | (a) | Everi Holdings, Inc | 895013 |
| 108871 |  | Expedia Group, Inc | 17085126 |
| 7261 | (a) | First Watch Restaurant Group, Inc | 128229 |
| 63264 | (a) | Frontdoor, Inc | 2600783 |
| 67165 | (a) | Full House Resorts, Inc | 216943 |
| 52701 | (a),(b) | Global Business Travel Group I | 353624 |
| 19659 |  | Golden Entertainment, Inc | 505236 |
| 2812 |  | Graham Holdings Co | 2587181 |
| 29625 | (a) | Grand Canyon Education, Inc | 5284211 |
| 129236 |  | H&R Block, Inc | 7801977 |
| 66461 | (a) | Hilton Grand Vacations, Inc | 2235083 |
| 212093 |  | Hilton Worldwide Holdings, Inc | 47822730 |
| 36903 |  | Hyatt Hotels Corp | 4158230 |
| 30674 | (a) | Inspired Entertainment, Inc | 227294 |
| 114945 |  | International Game Technology plc | 1885098 |
| 17265 | (b) | Jack in the Box, Inc | 449581 |
| 62386 | (b) | Krispy Kreme, Inc | 255783 |
| 4466 | (a) | Kura Sushi USA, Inc | 262958 |
| 309453 |  | Las Vegas Sands Corp | 11347642 |
| 151179 | (a) | Laureate Education, Inc | 3034163 |
| 72816 | (a) | Life Time Group Holdings, Inc | 2232539 |
| 75566 | (a) | Light & Wonder, Inc | 6451825 |
| 50626 | (a) | Lindblad Expeditions Holdings, Inc | 447534 |
| 204175 |  | Marriott International, Inc (Class A) | 48712072 |
| 31047 |  | Marriott Vacations Worldwide Corp | 1701686 |
| 640107 |  | McDonald's Corp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204610203 |
| 184946 | (a) | MGM Resorts International | 5818401 |
| 56702 | (a) | Mister Car Wash, Inc | 388976 |
| 9593 |  | Monarch Casino & Resort, Inc | 750077 |
| 98040 | (a),(b) | Nerdy, Inc | 155884 |
| 360855 | (a) | Norwegian Cruise Line Holdings Ltd | 5784506 |
| 13723 | (a),(b) | ONE Group Hospitality, Inc | 41306 |
| 56804 |  | OneSpaWorld Holdings Ltd | 948627 |
| 24598 |  | Papa John's International, Inc | 849369 |
| 138532 | (a) | Penn National Gaming, Inc | 2108457 |
| 51762 |  | Perdoceo Education Corp | 1300261 |
| 74794 | (a) | Planet Fitness, Inc | 7074765 |
| 26634 | (a) | PlayAGS, Inc | 322804 |
| 36820 | (a),(b) | Portillo's, Inc | 380719 |
| 48781 | (a) | Potbelly Corp | 395126 |
| 6503 |  | RCI Hospitality Holdings, Inc | 258039 |
| 43399 |  | Red Rock Resorts, Inc | 1853137 |
| 208620 |  | Royal Caribbean Cruises Ltd | 44834524 |
| 103180 | (a) | Rush Street Interactive, Inc | 1251573 |
| 238986 | (a) | Sabre Corp | 566397 |
| 38148 | (a),(b) | SeaWorld Entertainment, Inc | 1665160 |
| 121563 |  | Service Corp International | 9712884 |
| 27489 | (a) | Shake Shack, Inc | 2411885 |
| 68957 |  | Six Flags Entertainment Corp | 2372810 |
| 997197 |  | Starbucks Corp | 79825620 |
| 17816 |  | Strategic Education, Inc | 1453429 |

---

*See Notes to Financial Statements* 17

------

Equity Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | CONSUMER SERVICES (continued) |  |
| 39613 | (a) | Stride, Inc | $5634949 |
| 107220 |  | Super Group SGHC Ltd | 870626 |
| 82698 | (a) | Sweetgreen, Inc | 1610957 |
| 23787 | (a) | Target Hospitality Corp | 161752 |
| 61389 |  | Texas Roadhouse, Inc (Class A) | 10188118 |
| 31679 |  | Travel & Leisure Co | 1391659 |
| 55854 | (a) | Udemy, Inc | 383717 |
| 21417 | (a) | Universal Technical Institute, Inc | 600961 |
| 32770 |  | Vail Resorts, Inc | 4561584 |
| 218456 |  | Wendy's Co | 2730700 |
| 25052 |  | Wingstop, Inc | 6610972 |
| 68358 |  | Wyndham Hotels & Resorts, Inc | 5830937 |
| 91400 |  | Wynn Resorts Ltd | 7340334 |
| 29226 | (a) | Xponential Fitness, Inc | 244622 |
| 254406 |  | Yum! Brands, Inc | 38272839 |
|  |  | TOTAL CONSUMER SERVICES | 1093997040 |
|  |  | CONSUMER STAPLES DISTRIBUTION & RETAIL - 2.1% |  |
| 329301 |  | Albertsons Cos, Inc | 7238036 |
| 23900 |  | Andersons, Inc | 901269 |
| 117079 | (a) | BJ's Wholesale Club Holdings, Inc | 13763807 |
| 30443 |  | Casey's General Stores, Inc | 14082627 |
| 25883 | (a) | Chefs' Warehouse, Inc | 1474555 |
| 393135 |  | Costco Wholesale Corp | 390972757 |
| 193793 |  | Dollar General Corp | 18156466 |
| 184387 | (a) | Dollar Tree, Inc | 15077325 |
| 85229 | (a) | Grocery Outlet Holding Corp | 1430995 |
| 38586 | (a) | HF Foods Group, Inc | 144697 |
| 9950 |  | Ingles Markets, Inc (Class A) | 613815 |
| 589934 |  | Kroger Co | 42599134 |
| 138940 | (a) | Maplebear, Inc | 5542317 |
| 10408 |  | Natural Grocers by Vitamin Cottage, Inc | 522065 |
| 136613 | (a) | Performance Food Group Co | 11019205 |
| 17346 |  | Pricesmart, Inc | 1760446 |
| 28101 |  | SpartanNash Co | 557524 |
| 87100 | (a) | Sprouts Farmers Market, Inc | 14894100 |
| 428526 |  | Sysco Corp | 30596756 |
| 399591 |  | Target Corp | 38640450 |
| 41913 | (a) | United Natural Foods, Inc | 1119496 |
| 204903 | (a) | US Foods Holding Corp | 13453931 |
| 4530 |  | Village Super Market (Class A) | 166931 |
| 700103 |  | Walgreens Boots Alliance, Inc | 7680130 |
| 3849918 |  | Walmart, Inc | 374404526 |
| 14813 |  | Weis Markets, Inc | 1273770 |
|  |  | TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1008087130 |
|  |  | ENERGY - 3.2% |  |
| 342819 |  | Antero Midstream Corp | 5673654 |
| 237852 | (a) | Antero Resources Corp | 8284385 |
| 308328 |  | APA Corp | 4791417 |
| 158438 |  | Archrock, Inc | 3728046 |
| 37685 |  | Ardmore Shipping Corp | 359515 |
| 13852 |  | Aris Water Solution, Inc | 345746 |
| 40060 | (b) | Atlas Energy Solutions, Inc | 542012 |
| 895666 |  | Baker Hughes Co | 31706576 |
| 74590 |  | Berry Corp | 184983 |
| 639125 | (b) | Borr Drilling Ltd | 1086512 |
| 22773 | (a) | Bristow Group, Inc | 661328 |
| 681185 |  | Cabot Oil & Gas Corp | 16729904 |
| 58903 |  | Cactus, Inc | 2234780 |
| 61384 |  | California Resources Corp | 2118362 |
| 21707 | (a),(b) | Centrus Energy Corp | 1504078 |
| 185886 |  | ChampionX Corp | 4485429 |
| 195024 |  | Cheniere Energy, Inc | 45071997 |

---

18 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | ENERGY (continued) |  |
| 203972 |  | Chesapeake Energy Corp | $21192691 |
| 1452698 |  | Chevron Corp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;197654090 |
| 55190 |  | Chord Energy Corp | 4979794 |
| 94538 |  | Civitas Resources, Inc | 2576161 |
| 115507 | (a) | Clean Energy Fuels Corp | 167485 |
| 155208 | (a) | CNX Resources Corp | 4567771 |
| 114505 | (b) | Comstock Resources, Inc | 2092006 |
| 1149560 |  | ConocoPhillips | 102448787 |
| 38444 | (b) | Core Laboratories, Inc | 437108 |
| 42176 |  | Core Natural Resources, Inc | 3045529 |
| 265256 |  | Crescent Energy Co | 2196320 |
| 24649 | (b) | CVR Energy, Inc | 464880 |
| 64227 |  | Delek US Holdings, Inc | 836236 |
| 505265 |  | Devon Energy Corp | 15365109 |
| 236932 |  | DHT Holdings, Inc | 2532803 |
| 165865 |  | Diamondback Energy, Inc | 21895839 |
| 28543 | (b) | Diversified Energy Co plc | 354219 |
| 28709 | (a) | DMC Global, Inc | 186321 |
| 87291 |  | Dorian LPG Ltd | 1869773 |
| 75689 |  | DT Midstream, Inc | 7356971 |
| 19390 | (a),(b) | Empire Petroleum Corp | 89000 |
| 153847 | (a),(b) | Encore Energy Corp | 232309 |
| 121539 | (a),(b) | Energy Fuels, Inc | 549356 |
| 495323 |  | EOG Resources, Inc | 54648987 |
| 511775 |  | EQT Corp | 25302156 |
| 14387 |  | Excelerate Energy, Inc | 368019 |
| 59737 | (a) | Expro Group Holdings NV | 494025 |
| 3900209 |  | Exxon Mobil Corp | 411979077 |
| 30260 | (b) | FLEX LNG Ltd | 713833 |
| 15687 | (a) | Forum Energy Technologies, Inc | 229815 |
| 23566 |  | FutureFuel Corp | 96856 |
| 73946 |  | Golar LNG Ltd | 3143075 |
| 245500 | (b) | Granite Ridge Resources, Inc | 1180855 |
| 35517 | (a) | Green Plains, Inc | 127151 |
| 9172 | (a) | Gulfport Energy Operating Corp | 1582170 |
| 44445 | (a) | Hallador Energy Co | 625119 |
| 713482 |  | Halliburton Co | 14141213 |
| 277382 | (a) | Helix Energy Solutions Group, Inc | 1689256 |
| 78305 |  | Helmerich & Payne, Inc | 1479181 |
| 251668 |  | Hess Corp | 32477755 |
| 158690 |  | HF Sinclair Corp | 4771808 |
| 4935 | (b) | HighPeak Energy, Inc | 39529 |
| 23983 | (a) | Innovex International, Inc | 362143 |
| 42867 |  | International Seaways, Inc | 1455763 |
| 1668637 |  | Kinder Morgan, Inc | 43885153 |
| 12940 |  | Kinetik Holdings, Inc | 534940 |
| 44209 |  | Kodiak Gas Services, Inc | 1503548 |
| 872526 | (a) | Kosmos Energy Ltd | 1343690 |
| 186435 |  | Liberty Energy, Inc | 2144003 |
| 128450 |  | Magnolia Oil & Gas Corp | 2637079 |
| 286171 |  | Marathon Petroleum Corp | 39322757 |
| 84517 |  | Matador Resources Co | 3341802 |
| 144729 |  | Murphy Oil Corp | 2971286 |
| 10562 | (a) | Nabors Industries Ltd | 283484 |
| 6549 |  | Nacco Industries, Inc (Class A) | 228560 |
| 173800 | (b) | New Fortress Energy, Inc | 943734 |
| 114362 | (a) | Newpark Resources, Inc | 661012 |
| 53635 | (a) | NextDecade Corp | 401190 |
| 104120 | (b) | Noble Corp plc | 2263569 |
| 168162 | (b) | Nordic American Tankers Ltd | 430495 |
| 77394 |  | Northern Oil and Gas, Inc | 1880674 |
| 280439 |  | NOV, Inc | 3255897 |

---

*See Notes to Financial Statements* 19

------

Equity Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | ENERGY (continued) |  |
| 557923 |  | Occidental Petroleum Corp | $21987745 |
| 82766 | (a) | Oceaneering International, Inc | 1469097 |
| 127953 | (a) | Oil States International, Inc | 449115 |
| 540622 |  | ONEOK, Inc | 44417504 |
| 218815 |  | Ovintiv, Inc | 7347808 |
| 70841 | (a) | Par Pacific Holdings, Inc | 1014443 |
| 273456 |  | Patterson-UTI Energy, Inc | 1542292 |
| 96438 |  | PBF Energy, Inc | 1656805 |
| 193996 |  | Peabody Energy Corp | 2393911 |
| 476085 |  | Permian Resources Corp | 5617803 |
| 355141 |  | Phillips 66 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;36955972 |
| 19704 | (a),(b) | ProFrac Holding Corp | 81772 |
| 145202 | (a) | ProPetro Holding Corp | 723106 |
| 209680 |  | Range Resources Corp | 7114442 |
| 38949 |  | Ranger Energy Services, Inc | 431944 |
| 12132 | (a) | Rex American Resources Corp | 481883 |
| 9029 |  | Riley Exploration Permian, Inc | 222836 |
| 186183 | (a),(b) | Ring Energy, Inc | 164977 |
| 255004 |  | RPC, Inc | 1206169 |
| 47327 | (a),(b) | Sable Offshore Corp | 883122 |
| 18387 |  | SandRidge Energy, Inc | 167506 |
| 1201559 |  | Schlumberger Ltd | 39951837 |
| 40261 |  | Scorpio Tankers, Inc | 1517437 |
| 37559 | (a) | SEACOR Marine Holdings, Inc | 183288 |
| 60397 | (a) | Seadrill Ltd | 1240554 |
| 50298 |  | Select Water Solutions, Inc | 428539 |
| 276620 |  | SFL Corp Ltd | 2273816 |
| 74455 |  | Sitio Royalties Corp | 1262757 |
| 96934 |  | SM Energy Co | 2209126 |
| 21978 |  | Solaris Oilfield Infrastructure, Inc | 464615 |
| 102784 | (a) | Talos Energy, Inc | 707154 |
| 190147 |  | Targa Resources Corp | 32496122 |
| 374932 |  | TechnipFMC plc | 10561834 |
| 110431 |  | Teekay Corp Ltd | 796208 |
| 24988 |  | Teekay Tankers Ltd | 1063739 |
| 89720 | (a) | Tetra Technologies, Inc | 255702 |
| 17175 |  | Texas Pacific Land Corp | 22136342 |
| 38631 | (a) | Tidewater, Inc | 1398056 |
| 639998 | (a),(b) | Transocean Ltd | 1363196 |
| 351294 | (a) | Uranium Energy Corp | 1844294 |
| 206137 | (a),(b) | Ur-Energy, Inc | 155139 |
| 156657 |  | Vaalco Energy, Inc | 512268 |
| 62702 | (a) | Valaris Ltd | 2025902 |
| 272703 |  | Valero Energy Corp | 31658091 |
| 113846 |  | Viper Energy Partners LP | 4591409 |
| 61416 | (a) | Vital Energy, Inc | 870879 |
| 19327 | (b) | Vitesse Energy, Inc | 395237 |
| 105827 | (b) | W&T Offshore, Inc | 121701 |
| 60923 |  | Weatherford International plc | 2522212 |
| 1056605 |  | Williams Cos, Inc | 61885355 |
| 50146 |  | World Fuel Services Corp | 1258163 |
|  |  | TOTAL ENERGY | 1552021165 |
|  |  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 2.5% |  |
| 67908 |  | Acadia Realty Trust | 1297043 |
| 91170 |  | Agree Realty Corp | 7075704 |
| 57396 |  | Alexander & Baldwin, Inc | 986063 |
| 2341 |  | Alexander's, Inc | 483182 |
| 146220 |  | Alexandria Real Estate Equities, Inc | 10624345 |
| 24923 |  | Alpine Income Property Trust, Inc | 385060 |
| 42194 |  | American Assets Trust, Inc | 790294 |
| 115327 |  | American Healthcare REIT, Inc | 3722756 |
| 292626 |  | American Homes 4 Rent | 10941286 |

---

20 *See Notes to Financial Statements*

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) (continued) |  |
| 408340 | American Tower Corp | $92043919 |
| 229759 | Americold Realty Trust, Inc | 4443539 |
| 228578 | Apartment Investment and Management Co | 1808052 |
| 127492 | Apple Hospitality REIT, Inc | 1500581 |
| 51087 | Armada Hoffler Properties, Inc | 345859 |
| 123442 | AvalonBay Communities, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25920351 |
| 139598 | Boston Properties, Inc | 8896580 |
| 32707 | Braemar Hotels & Resorts, Inc | 61162 |
| 400608 | Brandywine Realty Trust | 1586408 |
| 242399 | Brixmor Property Group, Inc | 6038159 |
| 190769 | Broadstone Net Lease, Inc | 3086642 |
| 15761 | BRT Apartments Corp | 243823 |
| 92462 | Camden Property Trust | 10522176 |
| 174947 | CareTrust REIT, Inc | 5120699 |
| 20606 | CBL & Associates Properties, Inc | 483623 |
| 21625 | Centerspace | 1305285 |
| 43190 | Chatham Lodging Trust | 296715 |
| 45741 | City Office REIT, Inc | 232364 |
| 21137 | Community Healthcare Trust, Inc | 361020 |
| 117806 | Corporate Office Properties Trust | 3075915 |
| 115041 | Cousins Properties, Inc | 3168229 |
| 387339 | Crown Castle, Inc | 40964973 |
| 21615 | CTO Realty Growth, Inc | 394906 |
| 197821 | CubeSmart | 8045380 |
| 75814 | Curbline Properties Corp | 1735382 |
| 157600 | DiamondRock Hospitality Co | 1156784 |
| 296209 | Digital Realty Trust, Inc | 47553393 |
| 246911 | Diversified Healthcare Trust | 558019 |
| 181095 | Douglas Emmett, Inc | 2504544 |
| 39049 (a) | Easterly Government Properties, Inc | 787618 |
| 40446 | EastGroup Properties, Inc | 6609685 |
| 106758 | Empire State Realty Trust, Inc | 760117 |
| 59303 | EPR Properties | 2934905 |
| 85284 | Equinix, Inc | 73408203 |
| 155258 | Equity Lifestyle Properties, Inc | 10057613 |
| 325948 | Equity Residential | 22901106 |
| 150862 | Essential Properties Realty Trust, Inc | 4853231 |
| 52849 | Essex Property Trust, Inc | 14752798 |
| 179504 | Extra Space Storage, Inc | 26300926 |
| 21102 | Farmland Partners, Inc | 212286 |
| 73495 | Federal Realty Investment Trust | 6910000 |
| 103143 | First Industrial Realty Trust, Inc | 4907544 |
| 98826 | Four Corners Property Trust, Inc | 2762187 |
| 248594 | Gaming and Leisure Properties, Inc | 11897709 |
| 85931 | Getty Realty Corp | 2405209 |
| 37072 | Gladstone Commercial Corp | 523827 |
| 22586 | Gladstone Land Corp | 224279 |
| 54522 | Global Medical REIT, Inc | 422000 |
| 178326 | Global Net Lease, Inc | 1346361 |
| 319675 | Healthcare Realty Trust, Inc | 4964553 |
| 630447 | Healthpeak Properties, Inc | 11247174 |
| 104113 | Highwoods Properties, Inc | 2960974 |
| 606824 | Host Hotels & Resorts Inc | 8568355 |
| 171592 | Hudson Pacific Properties, Inc | 351764 |
| 160640 | Independence Realty Trust, Inc | 3121235 |
| 28462 | Innovative Industrial Properties, Inc | 1545771 |
| 51970 | InvenTrust Properties Corp | 1447884 |
| 541412 | Invitation Homes, Inc | 18510876 |
| 246451 | Iron Mountain, Inc | 22099261 |
| 90901 | JBG SMITH Properties | 1270796 |
| 85729 | Kilroy Realty Corp | 2701321 |
| 582732 | Kimco Realty Corp | 11642985 |

---

*See Notes to Financial Statements* 21

------

Equity Index

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) (continued) |  |
| 166378 | Kite Realty Group Trust | $3602084 |
| 76767 | Lamar Advertising Co | 8736852 |
| 293064 | Lexington Realty Trust | 2312275 |
| 65683 | Lineage, Inc | 3167891 |
| 61489 | LTC Properties, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2205610 |
| 209540 | Macerich Co | 3071856 |
| 75492 | Mack-Cali Realty Corp | 1171636 |
| 533199 | Medical Properties Trust, Inc | 2943258 |
| 104198 | Mid-America Apartment Communities, Inc | 16635211 |
| 106012 | Millrose Properties, Inc | 2654540 |
| 55226 | National Health Investors, Inc | 4178951 |
| 183363 | National Retail Properties, Inc | 7538053 |
| 93730 | National Storage Affiliates Trust | 3486756 |
| 12391 (a) | NET Lease Office Properties | 374580 |
| 79116 | NETSTREIT Corp | 1287217 |
| 39821 | NexPoint Diversified Real Estate Trust | 139772 |
| 17985 | NexPoint Residential Trust, Inc | 670481 |
| 244476 | Omega Healthcare Investors, Inc | 9546788 |
| 17267 | One Liberty Properties, Inc | 421315 |
| 38649 | Orion Office REIT, Inc | 70728 |
| 131991 | Outfront Media, Inc | 1997024 |
| 124853 | Paramount Group, Inc | 535619 |
| 161681 | Park Hotels & Resorts, Inc | 1607109 |
| 23540 | Peakstone Realty Trust | 270945 |
| 101003 | Pebblebrook Hotel Trust | 914077 |
| 114921 | Phillips Edison & Co, Inc | 3987759 |
| 246426 | Piedmont Office Realty Trust, Inc | 1456378 |
| 22498 | Plymouth Industrial REIT, Inc | 334545 |
| 15321 | Postal Realty Trust, Inc | 202850 |
| 64590 | PotlatchDeltic Corp | 2479610 |
| 817038 | Prologis, Inc | 83501284 |
| 136205 | Public Storage, Inc | 40920068 |
| 163032 | Rayonier, Inc | 3987763 |
| 756624 | Realty Income Corp | 43778265 |
| 158447 | Regency Centers Corp | 11436704 |
| 186446 | Rexford Industrial Realty, Inc | 6171363 |
| 206936 | RLJ Lodging Trust | 1450621 |
| 52448 | Ryman Hospitality Properties, Inc | 4612802 |
| 210350 | Sabra Health Care REIT, Inc | 3754747 |
| 119736 | Safehold, Inc | 1885842 |
| 9694 | Saul Centers, Inc | 316994 |
| 94357 | SBA Communications Corp | 22966494 |
| 150290 | Service Properties Trust | 270522 |
| 289433 | Simon Property Group, Inc | 45550966 |
| 37907 | SITE Centers Corp | 448819 |
| 76744 | SL Green Realty Corp | 4037502 |
| 133255 | STAG Industrial, Inc | 4401413 |
| 93397 | Summit Hotel Properties, Inc | 380126 |
| 101035 | Sun Communities, Inc | 12571785 |
| 159255 | Sunstone Hotel Investors, Inc | 1328187 |
| 104878 | Tanger Factory Outlet Centers, Inc | 3304706 |
| 82128 | Terreno Realty Corp | 4626270 |
| 285558 | UDR, Inc | 11959169 |
| 37174 | UMH Properties, Inc | 656865 |
| 368872 | Uniti Group, Inc | 1814850 |
| 10070 | Universal Health Realty Income Trust | 384775 |
| 83482 | Urban Edge Properties | 1508520 |
| 359617 | Ventas, Inc | 25201959 |
| 907926 | VICI Properties, Inc | 29071790 |
| 163610 | Vornado Realty Trust | 5772161 |
| 137487 | Washington REIT | 2140673 |
| 544835 (c) | Welltower, Inc | 83136373 |

---

22 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) (continued) |  |
| 655228 |  | Weyerhaeuser Co | $16976957 |
| 31390 |  | Whitestone REIT | 409326 |
| 183081 |  | WP Carey, Inc | 11431578 |
| 92154 |  | Xenia Hotels & Resorts, Inc | 984205 |
|  |  | TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1176324982 |
|  |  | FINANCIAL SERVICES - 8.8% |  |
| 8238 |  | AFC Gamma, Inc | 45391 |
| 26889 |  | Affiliated Managers Group, Inc | 4453625 |
| 235650 | (a) | Affirm Holdings, Inc | 11725944 |
| 829772 |  | AGNC Investment Corp | 7326887 |
| 11267 |  | Alerus Financial Corp | 223988 |
| 251385 |  | Ally Financial, Inc | 8210234 |
| 491649 |  | American Express Co | 130980210 |
| 86247 |  | Ameriprise Financial, Inc | 40624062 |
| 486069 |  | Annaly Capital Management, Inc | 9526952 |
| 247032 |  | Apollo Commercial Real Estate Finance, Inc | 2314690 |
| 462695 |  | Apollo Global Management, Inc | 63148614 |
| 138147 |  | Arbor Realty Trust, Inc | 1592835 |
| 26410 |  | Ares Commercial Real Estate Corp | 107489 |
| 158584 |  | Ares Management Corp | 24188818 |
| 28935 |  | ARMOUR Residential REIT, Inc | 476559 |
| 55250 |  | Artisan Partners Asset Management, Inc | 2043145 |
| 3795 | (a) | Atlanticus Holdings Corp | 208042 |
| 113462 | (a) | AvidXchange Holdings, Inc | 922446 |
| 25565 |  | Banco Latinoamericano de Exportaciones S.A. (Class E) | 979140 |
| 629793 |  | Bank of New York Mellon Corp | 50641655 |
| 1622931 | (a) | Berkshire Hathaway, Inc | 865427956 |
| 275709 |  | BGC Group, Inc | 2497924 |
| 131063 |  | BlackRock, Inc | 119825658 |
| 132203 |  | Blackstone Mortgage Trust, Inc | 2518467 |
| 640548 |  | Blackstone, Inc | 84366577 |
| 496909 | (a) | Block, Inc | 29054269 |
| 476604 |  | Blue Owl Capital, Inc | 8831472 |
| 36876 |  | Bread Financial Holdings, Inc | 1749766 |
| 33250 |  | Brightsphere Investment Group, Inc | 895755 |
| 72747 |  | BrightSpire Capital, Inc | 364462 |
| 148330 |  | Burford Capital Ltd | 2014321 |
| 64986 |  | Cannae Holdings, Inc | 1150902 |
| 42561 | (a) | Cantaloupe, Inc | 340488 |
| 329956 |  | Capital One Financial Corp | 59477869 |
| 194801 |  | Carlyle Group, Inc | 7527111 |
| 10688 |  | Cass Information Systems, Inc | 435429 |
| 98226 |  | Cboe Global Markets, Inc | 21786527 |
| 1474289 |  | Charles Schwab Corp | 120007125 |
| 96369 |  | Chimera Investment Corp | 1189193 |
| 71387 |  | Claros Mortgage Trust, Inc | 175612 |
| 319537 |  | CME Group, Inc | 88537312 |
| 22619 |  | Cohen & Steers, Inc | 1726282 |
| 182364 | (a) | Coinbase Global, Inc | 36999832 |
| 46488 |  | Compass Diversified Trust | 799129 |
| 248541 |  | Corebridge Financial, Inc | 7364270 |
| 61503 | (a) | Corpay, Inc | 20011231 |
| 5387 | (a),(b) | Credit Acceptance Corp | 2625732 |
| 7154 | (a) | Dave, Inc | 678342 |
| 2620 |  | Diamond Hill Investment Group, Inc | 330068 |
| 114921 |  | DigitalBridge Group, Inc | 965336 |
| 222014 |  | Discover Financial Services | 40555297 |
| 21354 | (a) | Donnelley Financial Solutions, Inc | 1029263 |
| 19484 |  | Dynex Capital, Inc | 240238 |
| 155234 |  | Ellington Financial, Inc | 2022699 |
| 33565 |  | Enact Holdings, Inc | 1201291 |
| 19960 | (a) | Encore Capital Group, Inc | 686624 |

---

*See Notes to Financial Statements* 23

------

Equity Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | FINANCIAL SERVICES (continued) |  |
| 28542 | (a) | Enova International, Inc | $2619870 |
| 277040 |  | Equitable Holdings, Inc | 13699628 |
| 90053 |  | Essent Group Ltd | 5126717 |
| 39548 | (a) | Euronet Worldwide, Inc | 3919207 |
| 31406 |  | Evercore Partners, Inc (Class A) | 6447338 |
| 75626 |  | EVERTEC, Inc | 2566746 |
| 33949 |  | Factset Research Systems, Inc | 14673437 |
| 8178 |  | Federal Agricultural Mortgage Corp | 1433849 |
| 475693 |  | Fidelity National Information Services, Inc | 37522664 |
| 29291 |  | FirstCash Holdings, Inc | 3923822 |
| 501947 | (a) | Fiserv, Inc | 92644358 |
| 80416 | (a) | Flywire Corp | 756715 |
| 12820 | (a),(b) | Forge Global Holdings, Inc | 185762 |
| 64711 |  | Franklin BSP Realty Trust, Inc | 736411 |
| 259566 |  | Franklin Resources, Inc | 4869458 |
| 23662 | (b) | GCM Grosvenor, Inc | 296721 |
| 221558 |  | Global Payments, Inc | 16907091 |
| 267257 |  | Goldman Sachs Group, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;146336570 |
| 40822 |  | Granite Point Mortgage Trust, Inc | 80419 |
| 39301 | (a) | Green Dot Corp | 328949 |
| 32522 |  | Hamilton Lane, Inc | 5024324 |
| 142152 |  | Hannon Armstrong Sustainable Infrastructure Capital, Inc | 3550957 |
| 41860 |  | Houlihan Lokey, Inc | 6784669 |
| 89360 |  | Interactive Brokers Group, Inc (Class A) | 15356516 |
| 509617 |  | Intercontinental Exchange, Inc | 85600367 |
| 23706 | (a) | International Money Express, Inc | 294429 |
| 323852 |  | Invesco Ltd | 4511258 |
| 31093 |  | Invesco Mortgage Capital, Inc | 227912 |
| 63918 |  | Jack Henry & Associates, Inc | 11085299 |
| 65488 |  | Jackson Financial, Inc | 5102170 |
| 106680 |  | Janus Henderson Group plc | 3542843 |
| 164215 |  | Jefferies Financial Group, Inc | 7673767 |
| 588929 |  | KKR & Co, Inc | 67296917 |
| 38895 |  | KKR Real Estate Finance Trust, Inc | 359779 |
| 89739 |  | Ladder Capital Corp | 936875 |
| 75192 |  | Lazard, Inc | 2924969 |
| 91135 | (a) | LendingClub Corp | 890389 |
| 8934 | (a) | LendingTree, Inc | 460905 |
| 69216 |  | LPL Financial Holdings, Inc | 22134585 |
| 32375 |  | MarketAxess Holdings, Inc | 7173976 |
| 420596 | (a) | Marqeta, Inc | 1758091 |
| 724341 |  | Mastercard, Inc (Class A) | 396982328 |
| 13914 |  | Merchants Bancorp | 418533 |
| 119851 |  | MFA Financial, Inc | 1176937 |
| 221969 |  | MGIC Investment Corp | 5529248 |
| 44818 |  | Moelis & Co | 2401348 |
| 140213 |  | Moody's Corp | 63533315 |
| 1017339 |  | Morgan Stanley | 117421267 |
| 23298 |  | Morningstar, Inc | 6633407 |
| 50731 | (a) | Mr Cooper Group, Inc | 6037496 |
| 65845 |  | MSCI, Inc (Class A) | 35892768 |
| 368784 |  | Nasdaq Stock Market, Inc | 28105029 |
| 89103 |  | Navient Corp | 1103095 |
| 55688 | (a) | NCR Corp ATM | 1554809 |
| 11253 |  | Nelnet, Inc (Class A) | 1193831 |
| 27715 | (a) | NerdWallet, Inc | 248326 |
| 74821 |  | New York Mortgage Trust, Inc | 439199 |
| 76344 | (a) | NMI Holdings, Inc | 2761362 |
| 180907 |  | Northern Trust Corp | 17001640 |
| 82312 |  | OneMain Holdings, Inc | 3874426 |
| 76300 | (a),(b) | Open Lending Corp | 94612 |
| 88465 | (b) | OppFi, Inc | 827148 |

---

24 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | FINANCIAL SERVICES (continued) |  |
| 19230 |  | Orchid Island Capital, Inc | $137495 |
| 37029 |  | P10, Inc | 409911 |
| 169691 | (a) | Pagseguro Digital Ltd | 1702001 |
| 32804 |  | Patria Investments Ltd | 343786 |
| 312241 | (a) | Payoneer Global, Inc | 2195054 |
| 894579 | (a) | PayPal Holdings, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;58899081 |
| 25684 | (a) | Paysafe Ltd | 391167 |
| 24785 |  | PennyMac Financial Services, Inc | 2415050 |
| 78042 |  | PennyMac Mortgage Investment Trust | 1002059 |
| 25308 |  | Perella Weinberg Partners | 434538 |
| 13027 |  | Piper Jaffray Cos | 3141070 |
| 18416 |  | PJT Partners, Inc | 2609731 |
| 34184 | (a) | PRA Group, Inc | 625567 |
| 50105 |  | PROG Holdings, Inc | 1320768 |
| 133385 |  | Radian Group, Inc | 4260317 |
| 177700 |  | Raymond James Financial, Inc | 24352008 |
| 47942 |  | Ready Capital Corp | 213342 |
| 89598 |  | Redwood Trust, Inc | 556404 |
| 5861 |  | Regional Management Corp | 193003 |
| 115576 | (a) | Remitly Global, Inc | 2336947 |
| 63890 | (a) | Repay Holdings Corp | 255560 |
| 452154 |  | Rithm Capital Corp | 5055082 |
| 601524 | (a) | Robinhood Markets, Inc | 29540844 |
| 99543 | (b) | Rocket Cos, Inc | 1285100 |
| 278574 |  | S&P Global, Inc | 139300929 |
| 97033 |  | SEI Investments Co | 7596714 |
| 11970 | (a),(b) | Sezzle, Inc | 621842 |
| 57055 | (a),(b) | Shift4 Payments, Inc | 4667099 |
| 216148 |  | SLM Corp | 6248839 |
| 966314 | (a) | SoFi Technologies, Inc | 12088588 |
| 288641 |  | Starwood Property Trust, Inc | 5539021 |
| 257974 |  | State Street Corp | 22727509 |
| 59162 |  | StepStone Group, Inc | 2958692 |
| 97747 |  | Stifel Financial Corp | 8375940 |
| 240260 | (a) | StoneCo Ltd | 3378056 |
| 45406 | (a) | StoneX Group, Inc | 4021382 |
| 2746 |  | Sunrise Realty Trust, Inc | 29547 |
| 330265 |  | Synchrony Financial | 17157267 |
| 191988 |  | T Rowe Price Group, Inc | 17000537 |
| 410158 | (a) | Toast, Inc | 14593422 |
| 46946 |  | TPG RE Finance Trust, Inc | 358667 |
| 75206 |  | TPG, Inc | 3493319 |
| 103978 |  | Tradeweb Markets, Inc | 14380157 |
| 59490 |  | Two Harbors Investment Corp | 706146 |
| 62035 | (a) | Upstart Holdings, Inc | 2965273 |
| 73381 |  | UWM Holdings Corp | 344891 |
| 36833 |  | Victory Capital Holdings, Inc | 2110163 |
| 80736 |  | Virtu Financial, Inc | 3160814 |
| 5596 |  | Virtus Investment Partners, Inc | 859490 |
| 1530284 |  | Visa, Inc (Class A) | 528713122 |
| 82007 |  | Voya Financial, Inc | 4854814 |
| 33610 |  | Walker & Dunlop, Inc | 2572509 |
| 19463 |  | Waterstone Financial, Inc | 235502 |
| 306452 |  | Western Union Co | 3036939 |
| 35095 | (a) | WEX, Inc | 4575335 |
| 100313 |  | WisdomTree, Inc | 872723 |
| 3291 | (a) | World Acceptance Corp | 424934 |
| 332466 |  | XP, Inc | 5352703 |
|  |  | TOTAL FINANCIAL SERVICES | 4185146178 |
|  |  | FOOD, BEVERAGE & TOBACCO - 2.5% |  |
| 1505994 |  | Altria Group, Inc | 89079545 |
| 407410 |  | Archer-Daniels-Midland Co | 19453828 |

---

*See Notes to Financial Statements* 25

------

Equity Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | FOOD, BEVERAGE & TOBACCO (continued) |  |
| 101738 |  | B&G Foods, Inc (Class A) | $700975 |
| 66503 | (a),(b) | Beyond Meat, Inc | 164927 |
| 9546 | (a) | Boston Beer Co, Inc (Class A) | 2346407 |
| 38869 | (a),(b) | BRC, Inc | 88621 |
| 38202 |  | Brown-Forman Corp (Class A) | 1322171 |
| 124517 |  | Brown-Forman Corp (Class B) | 4338172 |
| 127784 |  | Bunge Global S.A. | 10059156 |
| 14278 |  | Calavo Growers, Inc | 394358 |
| 29761 |  | Cal-Maine Foods, Inc | 2778785 |
| 153922 |  | Campbell Soup Co | 5611996 |
| 149516 | (a) | Celsius Holdings, Inc | 5227079 |
| 3442301 |  | Coca-Cola Co | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249738938 |
| 5548 |  | Coca-Cola Consolidated Inc | 7522034 |
| 468335 |  | ConAgra Brands, Inc | 11572558 |
| 139974 |  | Constellation Brands, Inc (Class A) | 26250724 |
| 137434 | (a) | Darling International, Inc | 4424000 |
| 52252 |  | Dole plc | 793708 |
| 178075 |  | Flowers Foods, Inc | 3132339 |
| 34730 |  | Fresh Del Monte Produce, Inc | 1181167 |
| 37631 | (a) | Freshpet, Inc | 2767384 |
| 488024 |  | General Mills, Inc | 27690482 |
| 68087 | (a) | Hain Celestial Group, Inc | 206984 |
| 130868 |  | Hershey Co | 21879821 |
| 263487 |  | Hormel Foods Corp | 7878261 |
| 56918 |  | Ingredion, Inc | 7559849 |
| 11507 |  | J&J Snack Foods Corp | 1491192 |
| 82697 |  | J.M. Smucker Co | 9615180 |
| 7322 |  | John B Sanfilippo & Son, Inc | 485229 |
| 245832 |  | Kellogg Co | 20347515 |
| 1062737 |  | Keurig Dr Pepper, Inc | 36760073 |
| 741157 |  | Kraft Heinz Co | 21567669 |
| 126597 |  | Lamb Weston Holdings, Inc | 6685588 |
| 22813 |  | Lancaster Colony Corp | 3713500 |
| 25397 | (b) | Limoneira Co | 381717 |
| 234444 |  | McCormick & Co, Inc | 17972477 |
| 12426 |  | MGP Ingredients, Inc | 366194 |
| 27002 | (a) | Mission Produce, Inc | 282846 |
| 153679 |  | Molson Coors Brewing Co (Class B) | 8841153 |
| 1197054 |  | Mondelez International, Inc | 81555289 |
| 640456 | (a) | Monster Beverage Corp | 38504215 |
| 21109 |  | National Beverage Corp | 937240 |
| 1204713 |  | PepsiCo, Inc | 163334989 |
| 1379280 |  | Philip Morris International, Inc | 236353421 |
| 41744 |  | Pilgrim's Pride Corp | 2278388 |
| 43090 | (a) | Post Holdings, Inc | 4876495 |
| 155273 |  | Primo Brands Corp | 5072769 |
| 234 |  | Seaboard Corp | 605119 |
| 4078 | (a) | Seneca Foods Corp | 365756 |
| 74009 | (a) | Simply Good Foods Co | 2672465 |
| 75640 | (a) | SunOpta, Inc | 326765 |
| 45643 | (a) | TreeHouse Foods, Inc | 1063025 |
| 10372 |  | Turning Point Brands, Inc | 636633 |
| 262527 |  | Tyson Foods, Inc (Class A) | 16077153 |
| 34549 |  | Universal Corp | 2013170 |
| 42921 |  | Utz Brands, Inc | 570420 |
| 27741 | (a) | Vita Coco Co, Inc | 916840 |
| 27103 | (a) | Vital Farms, Inc | 928007 |
| 34783 | (a),(b) | Westrock Coffee Co | 201741 |
| 57647 | (b) | WK Kellogg Co | 1033611 |
|  |  | TOTAL FOOD, BEVERAGE & TOBACCO | 1202998113 |
|  |  | HEALTH CARE EQUIPMENT & SERVICES - 4.6% |  |
| 1537530 |  | Abbott Laboratories | 201032048 |

---

26 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | HEALTH CARE EQUIPMENT & SERVICES (continued) |  |
| 84411 | (a) | Acadia Healthcare Co, Inc | $1975217 |
| 100756 | (a) | Accuray, Inc | 156172 |
| 55713 | (a) | AdaptHealth Corp | 474118 |
| 23591 | (a) | Addus HomeCare Corp | 2466439 |
| 237651 | (a) | agilon health, Inc | 1012393 |
| 13730 | (a),(b) | AirSculpt Technologies, Inc | 29794 |
| 68992 | (a) | Align Technology, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11956314 |
| 92177 | (a) | Alignment Healthcare, Inc | 1633376 |
| 80196 | (a) | Alphatec Holdings, Inc | 880552 |
| 36467 | (a) | Amedisys, Inc | 3460718 |
| 155306 |  | AmerisourceBergen Corp | 45453407 |
| 34740 | (a) | AMN Healthcare Services, Inc | 709738 |
| 26981 | (a) | Angiodynamics, Inc | 250654 |
| 31254 | (a) | Apollo Medical Holdings, Inc | 974187 |
| 32847 | (a) | AtriCure, Inc | 982454 |
| 35972 | (a) | Avanos Medical, Inc | 451449 |
| 158703 | (a),(b) | Aveanna Healthcare Holdings, Inc | 731621 |
| 27811 | (a) | Axogen, Inc | 452485 |
| 460866 |  | Baxter International, Inc | 14365193 |
| 255896 |  | Becton Dickinson & Co | 52993503 |
| 129422 | (a) | Bioventus, Inc | 946075 |
| 1299637 | (a) | Boston Scientific Corp | 133693658 |
| 84830 | (a),(b) | BrightSpring Health Services, Inc | 1487070 |
| 182415 | (a) | Brookdale Senior Living, Inc | 1196642 |
| 214152 |  | Cardinal Health, Inc | 30257536 |
| 15535 | (a) | Castle Biosciences, Inc | 311477 |
| 461168 | (a) | Centene Corp | 27600905 |
| 101278 | (a) | Certara, Inc | 1403713 |
| 124755 | (a) | Cerus Corp | 164677 |
| 13534 |  | Chemed Corp | 7870156 |
| 235861 |  | Cigna Group | 80202174 |
| 68331 | (b) | Concentra Group Holdings Parent, Inc | 1486199 |
| 22557 |  | Conmed Corp | 1107774 |
| 177481 | (a) | Cooper Cos, Inc | 14494873 |
| 22341 | (a) | Corvel Corp | 2429807 |
| 36466 | (a) | Cross Country Healthcare, Inc | 494114 |
| 28142 | (a) | CryoLife, Inc | 666684 |
| 26756 | (a),(b) | CVRx, Inc | 195854 |
| 1107251 |  | CVS Health Corp | 73864714 |
| 45269 | (a) | DaVita, Inc | 6407827 |
| 19366 | (a) | Definitive Healthcare Corp | 52676 |
| 193911 |  | Dentsply Sirona, Inc | 2695363 |
| 335844 | (a) | DexCom, Inc | 23972545 |
| 62348 | (a),(b) | DocGo, Inc | 139036 |
| 106732 | (a) | Doximity, Inc | 6070916 |
| 521699 | (a) | Edwards Lifesciences Corp | 39383058 |
| 204396 |  | Elevance Health, Inc | 85964870 |
| 55794 |  | Embecta Corp | 680129 |
| 89300 |  | Encompass Health Corp | 10447207 |
| 36675 | (a) | Enhabit, Inc | 293033 |
| 34689 | (a) | Enovis Corp | 1199893 |
| 45165 |  | Ensign Group, Inc | 5825833 |
| 136895 | (a) | Envista Holdings Corp | 2201272 |
| 92363 | (a) | Evolent Health, Inc | 910699 |
| 15836 | (a),(b) | Fulgent Genetics, Inc | 274755 |
| 397024 |  | GE HealthCare Technologies, Inc | 27922698 |
| 9849 | (a) | GeneDx Holdings Corp | 658406 |
| 43328 | (a) | Glaukos Corp | 4083664 |
| 93228 | (a) | Globus Medical, Inc | 6690974 |
| 100347 | (a) | Guardant Health, Inc | 4739389 |
| 41751 | (a) | Haemonetics Corp | 2631148 |
| 158817 |  | HCA, Inc | 54804570 |

---

*See Notes to Financial Statements* 27

------

Equity Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | HEALTH CARE EQUIPMENT & SERVICES (continued) |  |
| 38567 | (a) | Health Catalyst, Inc | $152340 |
| 76826 | (a) | HealthEquity, Inc | 6585525 |
| 19996 |  | HealthStream, Inc | 672465 |
| 122435 | (a) | Henry Schein, Inc | 7954602 |
| 197008 | (a) | Hims & Hers Health, Inc | 6520965 |
| 185842 | (a) | Hologic, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10816004 |
| 103451 |  | Humana, Inc | 27128990 |
| 21074 | (a) | ICU Medical, Inc | 2878498 |
| 70635 | (a) | IDEXX Laboratories, Inc | 30560233 |
| 39216 | (a) | InfuSystem Holdings, Inc | 185100 |
| 64563 | (a) | Inmode Ltd | 910338 |
| 20735 | (a) | Innovage Holding Corp | 64901 |
| 13893 | (a) | Inogen, Inc | 99057 |
| 26630 | (a) | Inspire Medical Systems, Inc | 4217659 |
| 60937 | (a) | Insulet Corp | 15373796 |
| 29128 | (a) | Integer Holdings Corp | 3679158 |
| 68255 | (a) | Integra LifeSciences Holdings Corp | 1118699 |
| 313171 | (a) | Intuitive Surgical, Inc | 161533602 |
| 12831 |  | iRadimed Corp | 672473 |
| 24799 | (a) | iRhythm Technologies, Inc | 2650765 |
| 10108 | (a) | Joint Corp | 101181 |
| 69669 |  | Labcorp Holdings, Inc | 16790926 |
| 60306 | (a) | Lantheus Holdings, Inc | 6292328 |
| 16045 |  | LeMaitre Vascular, Inc | 1455923 |
| 220914 | (a) | LifeMD, Inc | 1625927 |
| 98206 | (a) | LifeStance Health Group, Inc | 645213 |
| 48529 | (a) | LivaNova plc | 1795573 |
| 39596 | (a) | Masimo Corp | 6373372 |
| 112396 |  | McKesson Corp | 80114745 |
| 1146345 |  | Medtronic plc | 97164202 |
| 53778 | (a) | Merit Medical Systems, Inc | 5079332 |
| 9311 | (a),(b) | ModivCare, Inc | 11080 |
| 50868 | (a) | Molina Healthcare, Inc | 16634345 |
| 32656 | (a),(b) | Nano-X Imaging Ltd | 164260 |
| 9670 |  | National Healthcare Corp | 913718 |
| 13196 |  | National Research Corp | 149907 |
| 180245 | (a) | Neogen Corp | 910237 |
| 100310 | (a) | NeoGenomics, Inc | 641482 |
| 91637 | (a) | Novocure Ltd | 1662295 |
| 36495 | (a) | Omnicell, Inc | 1140834 |
| 299751 | (a),(b) | Opko Health, Inc | 413656 |
| 12320 | (a) | OptimizeRx Corp | 112358 |
| 150265 | (a) | Option Care Health, Inc | 4855062 |
| 54102 | (a) | OraSure Technologies, Inc | 161765 |
| 24415 | (a) | Orthofix Medical, Inc | 339613 |
| 10294 | (a) | OrthoPediatrics Corp | 214321 |
| 216457 | (a) | Owens & Minor, Inc | 1528186 |
| 36067 | (a) | PACS Group, Inc | 347325 |
| 61546 | (a) | Pediatrix Medical Group, Inc | 792712 |
| 31176 | (a) | Pennant Group, Inc | 798729 |
| 35603 | (a) | Penumbra, Inc | 10425983 |
| 34961 | (a) | Phreesia, Inc | 872627 |
| 142258 |  | Premier, Inc | 2894950 |
| 113231 | (a) | Privia Health Group, Inc | 2658664 |
| 55062 | (a) | PROCEPT BioRobotics Corp | 2972247 |
| 57755 | (a) | Progyny, Inc | 1319124 |
| 18481 | (a) | Pulmonx Corp | 89263 |
| 21810 | (a),(b) | Pulse Biosciences, Inc | 371206 |
| 96211 |  | Quest Diagnostics, Inc | 17146724 |
| 46743 | (a) | QuidelOrtho Corp | 1298988 |
| 72993 | (a),(b) | Quipt Home Medical Corp | 156935 |
| 65204 | (a) | RadNet, Inc | 3415386 |

---

28 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | HEALTH CARE EQUIPMENT & SERVICES (continued) |  |
| 126459 |  | Resmed, Inc | $29918935 |
| 24262 | (a) | RxSight, Inc | 357137 |
| 46518 | (a),(b) | Schrodinger, Inc | 1192256 |
| 84676 |  | Select Medical Holdings Corp | 1544490 |
| 15510 | (a),(b) | Semler Scientific, Inc | 501438 |
| 23620 | (a) | SI-BONE, Inc | 322413 |
| 17254 |  | Simulations Plus, Inc | 592675 |
| 121718 | (a) | Solventum Corp | 8047994 |
| 48121 | (a) | STAAR Surgical Co | 878689 |
| 90381 |  | STERIS plc | 20312226 |
| 321995 |  | Stryker Corp | 120400370 |
| 61036 | (a) | Surgery Partners, Inc | 1339740 |
| 12089 | (a) | SurModics, Inc | 338613 |
| 16050 | (a) | Tactile Systems Technology, Inc | 226626 |
| 50673 | (a) | Tandem Diabetes Care, Inc | 853840 |
| 124576 | (a) | Teladoc Health, Inc | 895701 |
| 40335 |  | Teleflex, Inc | 5527912 |
| 86021 | (a) | Tenet Healthcare Corp | 12296702 |
| 28749 | (a),(b) | TransMedics Group, Inc | 2645195 |
| 39187 | (a) | Treace Medical Concepts, Inc | 277444 |
| 7098 | (a) | UFP Technologies, Inc | 1480217 |
| 814193 |  | UnitedHealth Group, Inc | 334991568 |
| 50337 |  | Universal Health Services, Inc (Class B) | 8913173 |
| 10256 |  | US Physical Therapy, Inc | 729304 |
| 1493 |  | Utah Medical Products, Inc | 77263 |
| 27524 | (a) | Varex Imaging Corp | 229000 |
| 129180 | (a) | Veeva Systems, Inc | 30188074 |
| 43337 | (a) | Viemed Healthcare, Inc | 306393 |
| 72307 | (a) | Waystar Holding Corp | 2687651 |
| 173242 |  | Zimmer Biomet Holdings, Inc | 17852588 |
| 33278 | (a) | Zimvie, Inc | 301499 |
| 18221 | (a),(b) | Zynex, Inc | 30247 |
|  |  | TOTAL HEALTH CARE EQUIPMENT & SERVICES | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2193251142 |
|  |  | HOUSEHOLD & PERSONAL PRODUCTS - 1.2% |  |
| 103971 | (a) | BellRing Brands, Inc | 8020323 |
| 8367 | (a) | Central Garden & Pet Co | 280796 |
| 40499 | (a) | Central Garden and Pet Co (Class A) | 1197555 |
| 218884 |  | Church & Dwight Co, Inc | 21743937 |
| 107987 |  | Clorox Co | 15366550 |
| 709871 |  | Colgate-Palmolive Co | 65443007 |
| 361993 | (a) | Coty, Inc | 1828065 |
| 41696 |  | Edgewell Personal Care Co | 1273813 |
| 47155 | (a) | elf Beauty, Inc | 2917480 |
| 94466 |  | Energizer Holdings, Inc | 2554361 |
| 203943 |  | Estee Lauder Cos (Class A) | 12228422 |
| 79731 | (a) | Herbalife Ltd | 574063 |
| 227964 | (a) | Honest Co, Inc | 1091948 |
| 13468 |  | Inter Parfums, Inc | 1470706 |
| 1661441 |  | Kenvue, Inc | 39210008 |
| 300881 |  | Kimberly-Clark Corp | 39650098 |
| 8543 | (a) | Medifast, Inc | 112255 |
| 9397 | (a) | Nature's Sunshine Products, Inc | 115771 |
| 89497 |  | Nu Skin Enterprises, Inc (Class A) | 566516 |
| 22666 |  | Oil-Dri Corp of America | 954012 |
| 96295 | (a),(b) | Olaplex Holdings, Inc | 126146 |
| 2092891 |  | Procter & Gamble Co | 340241290 |
| 92124 |  | Reynolds Consumer Products, Inc | 2118852 |
| 32523 |  | Spectrum Brands Holdings, Inc | 2052201 |
| 9434 | (a) | USANA Health Sciences, Inc | 265001 |

---

*See Notes to Financial Statements* 29

------

Equity Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | HOUSEHOLD & PERSONAL PRODUCTS (continued) |  |
| 10397 |  | WD-40 Co | $2374259 |
|  |  | TOTAL HOUSEHOLD & PERSONAL PRODUCTS | 563777435 |
|  |  | INSURANCE - 2.4% |  |
| 493411 |  | Aflac, Inc | 53623907 |
| 229809 |  | Allstate Corp | 45591808 |
| 53101 | (a) | AMBAC Financial Group, Inc | 423746 |
| 66457 |  | American Financial Group, Inc | 8417444 |
| 549324 |  | American International Group, Inc | 44780892 |
| 14885 |  | Amerisafe, Inc | 692004 |
| 175812 |  | Aon plc | 62376339 |
| 312147 |  | Arch Capital Group Ltd | 28305490 |
| 43360 |  | Assurant, Inc | 8357206 |
| 36927 |  | Assured Guaranty Ltd | 3239606 |
| 67191 |  | Axis Capital Holdings Ltd | 6471837 |
| 54726 | (a) | Brighthouse Financial, Inc | 3186148 |
| 211159 |  | Brown & Brown, Inc | 23354185 |
| 68812 | (a) | BRP Group, Inc | 2863955 |
| 358891 |  | Chubb Ltd | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;102671537 |
| 129513 |  | Cincinnati Financial Corp | 18029505 |
| 24499 |  | CNA Financial Corp | 1179872 |
| 96172 |  | CNO Financial Group, Inc | 3648766 |
| 545 |  | Crawford & Co | 6060 |
| 20967 |  | Employers Holdings, Inc | 1018787 |
| 13465 | (a) | Enstar Group Ltd | 4502831 |
| 38174 |  | Everest Re Group Ltd | 13697976 |
| 15656 |  | F&G Annuities & Life, Inc | 544985 |
| 46770 |  | Fidelis Insurance Holdings Ltd | 764689 |
| 231983 |  | Fidelity National Financial, Inc | 14858511 |
| 98517 |  | First American Financial Corp | 5990819 |
| 218219 |  | Gallagher (Arthur J.) & Co | 69980651 |
| 303055 | (a) | Genworth Financial, Inc (Class A) | 2078957 |
| 76015 |  | Globe Life, Inc | 9375690 |
| 25818 | (b) | Goosehead Insurance, Inc | 2509768 |
| 24981 | (a) | Greenlight Capital Re Ltd (Class A) | 327626 |
| 51239 | (a) | Hamilton Insurance Group Ltd | 947921 |
| 29706 |  | Hanover Insurance Group, Inc | 4934167 |
| 260618 |  | Hartford Financial Services Group, Inc | 31970010 |
| 4312 |  | HCI Group, Inc | 630846 |
| 28374 | (a) | Heritage Insurance Holdings, Inc | 536269 |
| 17082 | (a) | Hippo Holdings, Inc | 394936 |
| 57597 |  | Horace Mann Educators Corp | 2392579 |
| 738 |  | Investors Title Co | 170618 |
| 36673 |  | James River Group Holdings Ltd | 174563 |
| 68646 |  | Kemper Corp | 4058352 |
| 18754 |  | Kinsale Capital Group, Inc | 8162866 |
| 44494 | (a),(b) | Lemonade, Inc | 1300115 |
| 163674 |  | Lincoln National Corp | 5216290 |
| 138684 |  | Loews Corp | 12041932 |
| 10965 | (a) | Markel Corp | 19940949 |
| 437347 |  | Marsh & McLennan Cos, Inc | 98608628 |
| 53327 | (a),(b) | MBIA, Inc | 250104 |
| 21627 |  | Mercury General Corp | 1198568 |
| 500409 |  | Metlife, Inc | 37715826 |
| 5548 | (a) | NI Holdings, Inc | 69350 |
| 205791 |  | Old Republic International Corp | 7737742 |
| 216059 | (a) | Oscar Health, Inc | 2810928 |
| 27341 | (a) | Palomar Holdings, Inc | 3964992 |
| 29473 |  | Primerica, Inc | 7723989 |
| 202011 |  | Principal Financial Group | 14979116 |
| 42244 | (a) | ProAssurance Corp | 980483 |
| 516843 |  | Progressive Corp | 145615347 |
| 315043 |  | Prudential Financial, Inc | 32358067 |

---

30 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | INSURANCE (continued) |  |
| 57218 |  | Reinsurance Group of America, Inc (Class A) | $10717504 |
| 45821 |  | RenaissanceRe Holdings Ltd | 11085475 |
| 79104 |  | RLI Corp | 5854487 |
| 7371 | (a) | Root, Inc | 1029508 |
| 90067 |  | Ryan Specialty Holdings, Inc | 5900289 |
| 12520 |  | Safety Insurance Group, Inc | 957780 |
| 56689 |  | Selective Insurance Group, Inc | 4944981 |
| 111945 | (a) | Selectquote, Inc | 354866 |
| 86670 | (a) | SiriusPoint Ltd | 1456056 |
| 47055 | (a) | Skyward Specialty Insurance Group, Inc | 2498150 |
| 19531 |  | Stewart Information Services Corp | 1278890 |
| 13676 |  | Tiptree, Inc | 305112 |
| 198364 |  | Travelers Cos, Inc | 52393883 |
| 36812 | (a) | Trupanion, Inc | 1347319 |
| 12454 |  | United Fire Group, Inc | 344602 |
| 30345 |  | United Insurance Holdings Corp | 346843 |
| 21860 |  | Universal Insurance Holdings, Inc | 529886 |
| 150445 |  | Unum Group | 11683559 |
| 260343 |  | W.R. Berkley Corp | 18663990 |
| 2176 |  | White Mountains Insurance Group Ltd | 3845971 |
| 91463 |  | Willis Towers Watson plc | 28152311 |
|  |  | TOTAL INSURANCE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1153448612 |
|  |  | MATERIALS - 2.4% |  |
| 20558 |  | AdvanSix, Inc | 440352 |
| 195688 |  | Air Products & Chemicals, Inc | 53049060 |
| 101519 |  | Albemarle Corp | 5943937 |
| 215932 |  | Alcoa Corp | 5296812 |
| 115006 | (a) | Allegheny Technologies, Inc | 6254026 |
| 9873 | (a) | Alpha Metallurgical Resources, Inc | 1198089 |
| 1930580 |  | Amcor plc | 17761336 |
| 21560 |  | American Vanguard Corp | 90983 |
| 58735 |  | Aptargroup, Inc | 8807313 |
| 126036 |  | Ardagh Metal Packaging S.A. | 467594 |
| 42481 |  | Ashland, Inc | 2310542 |
| 62712 | (a),(b) | ASP Isotopes, Inc | 331119 |
| 46496 | (a) | Aspen Aerogels, Inc | 251078 |
| 69345 |  | Avery Dennison Corp | 11865623 |
| 70844 |  | Avient Corp | 2359814 |
| 172888 | (a) | Axalta Coating Systems Ltd | 5618860 |
| 32189 |  | Balchem Corp | 5039188 |
| 261774 |  | Ball Corp | 13596542 |
| 47966 |  | Cabot Corp | 3767250 |
| 29630 |  | Caledonia Mining Corp plc | 390227 |
| 42020 |  | Carpenter Technology Corp | 8219532 |
| 89864 |  | Celanese Corp (Series A) | 3999847 |
| 44567 | (a) | Century Aluminum Co | 731344 |
| 150089 |  | CF Industries Holdings, Inc | 11762475 |
| 147927 |  | Chemours Co | 1831336 |
| 12528 | (a) | Clearwater Paper Corp | 336502 |
| 432505 | (a) | Cleveland-Cliffs, Inc | 3563841 |
| 590446 | (a) | Coeur Mining, Inc | 3276975 |
| 92973 |  | Commercial Metals Co | 4141017 |
| 26808 |  | Compass Minerals International, Inc | 360299 |
| 125008 | (a) | Constellium SE | 1263831 |
| 606950 |  | Corteva, Inc | 37624830 |
| 610696 |  | CRH plc | 58272612 |
| 95240 |  | Crown Holdings, Inc | 9174469 |
| 132891 | (a) | Dakota Gold Corp | 358806 |
| 619413 |  | Dow, Inc | 18947844 |
| 370305 |  | DuPont de Nemours, Inc | 24436427 |
| 30583 |  | Eagle Materials, Inc | 6923685 |
| 100895 |  | Eastman Chemical Co | 7768915 |

---

*See Notes to Financial Statements* 31

------

Equity Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | MATERIALS (continued) |  |
| 224909 |  | Ecolab, Inc | $56548870 |
| 155720 | (a) | Ecovyst, Inc | 931206 |
| 181420 |  | Element Solutions, Inc | 3702782 |
| 109761 |  | FMC Corp | 4601181 |
| 1258522 |  | Freeport-McMoRan, Inc (Class B) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45344548 |
| 278912 |  | Graphic Packaging Holding Co | 7059263 |
| 20180 |  | Greif, Inc (Class A) | 1059046 |
| 5616 |  | Greif, Inc (Class B) | 312081 |
| 46815 |  | H.B. Fuller Co | 2529883 |
| 14458 |  | Hawkins, Inc | 1760695 |
| 557591 |  | Hecla Mining Co | 3189421 |
| 158395 |  | Huntsman Corp | 2108237 |
| 183487 | (a),(b) | i-80 Gold Corp | 112698 |
| 29963 | (a) | Ingevity Corp | 988180 |
| 19888 |  | Innospec, Inc | 1779578 |
| 215328 |  | International Flavors & Fragrances, Inc | 16894635 |
| 471919 |  | International Paper Co | 21557260 |
| 7140 | (a) | Intrepid Potash, Inc | 235906 |
| 37532 | (a),(b) | Ivanhoe Electric, Inc | 236452 |
| 11630 |  | Kaiser Aluminum Corp | 749670 |
| 49319 | (a) | Knife River Corp | 4605408 |
| 14468 |  | Koppers Holdings, Inc | 362568 |
| 29170 |  | Kronos Worldwide, Inc | 224901 |
| 427004 | (a) | Linde plc | 193531023 |
| 53366 |  | Louisiana-Pacific Corp | 4606019 |
| 91950 | (a) | LSB Industries, Inc | 586641 |
| 205096 |  | LyondellBasell Industries NV | 11938638 |
| 54384 |  | Martin Marietta Materials, Inc | 28496128 |
| 17661 |  | Materion Corp | 1466040 |
| 35506 | (a),(b) | Metals Acquisition Ltd | 319199 |
| 28271 |  | Minerals Technologies, Inc | 1458501 |
| 299071 |  | Mosaic Co | 9091758 |
| 100937 | (a),(b) | MP Materials Corp | 2468919 |
| 25893 |  | Myers Industries, Inc | 271876 |
| 7739 |  | NewMarket Corp | 4761807 |
| 1004708 |  | Newmont Goldcorp Corp | 52928017 |
| 175621 | (a) | Novagold Resources, Inc | 742877 |
| 209389 |  | Nucor Corp | 24994765 |
| 123701 | (a) | O-I Glass, Inc | 1566055 |
| 111865 |  | Olin Corp | 2418521 |
| 12612 |  | Olympic Steel, Inc | 406737 |
| 41831 |  | Orion S.A. | 503645 |
| 77529 |  | Packaging Corp of America | 14390158 |
| 94769 | (a) | Perimeter Solutions, Inc | 960010 |
| 44120 | (a),(b) | Piedmont Lithium, Inc | 330018 |
| 199043 |  | PPG Industries, Inc | 21667821 |
| 98667 | (a),(b) | PureCycle Technologies, Inc | 662056 |
| 10040 | (b) | Quaker Chemical Corp | 1063638 |
| 545 |  | Ramaco Resources, Inc | 4998 |
| 18601 | (b) | Ramaco Resources, Inc | 187498 |
| 26216 | (a) | Ranpak Holdings Corp | 107748 |
| 45189 | (a) | Rayonier Advanced Materials, Inc | 192505 |
| 49028 |  | Reliance Steel & Aluminum Co | 14131340 |
| 63791 |  | Royal Gold, Inc | 11655254 |
| 112869 |  | RPM International, Inc | 12048766 |
| 19086 |  | Ryerson Holding Corp | 446231 |
| 19139 |  | Schnitzer Steel Industries, Inc (Class A) | 561347 |
| 43911 |  | Schweitzer-Mauduit International, Inc | 224385 |
| 33395 |  | Scotts Miracle-Gro Co (Class A) | 1682440 |
| 97268 |  | Sealed Air Corp | 2680706 |
| 45956 |  | Sensient Technologies Corp | 4317566 |
| 207257 |  | Sherwin-Williams Co | 73145140 |

---

32 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | MATERIALS (continued) |  |
| 84315 |  | Silgan Holdings, Inc | $4354870 |
| 452029 |  | Smurfit WestRock plc | 18994259 |
| 88779 |  | Sonoco Products Co | 3639939 |
| 82784 |  | Southern Copper Corp | 7410824 |
| 135267 | (a) | SSR Mining, Inc | 1439241 |
| 131754 |  | Steel Dynamics, Inc | 17089811 |
| 25522 |  | Stepan Co | 1290392 |
| 62507 |  | SunCoke Energy, Inc | 566313 |
| 27538 |  | Sylvamo Corp | 1641816 |
| 33322 | (a) | TimkenSteel Corp | 421523 |
| 19788 | (a) | Tredegar Corp | 153753 |
| 32674 |  | Trimas Corp | 785810 |
| 222461 |  | Tronox Holdings plc | 1203514 |
| 4035 |  | United States Lime & Minerals, Inc | 377313 |
| 182234 |  | United States Steel Corp | 7965448 |
| 6593 |  | Valhi, Inc | 113663 |
| 114336 |  | Vulcan Materials Co | 29993763 |
| 50615 |  | Warrior Met Coal, Inc | 2420409 |
| 24539 |  | Westlake Chemical Corp | 2268140 |
| 25062 |  | Worthington Steel, Inc | 643091 |
|  |  | TOTAL MATERIALS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1130519484 |
|  |  | MEDIA & ENTERTAINMENT - 7.8% |  |
| 80989 | (a) | Advantage Solutions, Inc | 108525 |
| 4300188 |  | Alphabet, Inc | 691857247 |
| 5208102 |  | Alphabet, Inc (Class A) | 827046598 |
| 229588 | (a) | AMC Entertainment Holdings, Inc | 613000 |
| 23685 | (a) | AMC Networks, Inc | 151584 |
| 30219 | (a) | Angi, Inc | 346310 |
| 36516 | (a) | Atlanta Braves Holdings, Inc | 1455528 |
| 6134 | (a),(b) | Atlanta Braves Holdings, Inc | 266522 |
| 12671 | (a) | Boston Omaha Corp | 196781 |
| 116459 | (a) | Bumble, Inc | 491457 |
| 9844 |  | Cable One, Inc | 2631006 |
| 32779 | (a),(b) | Cardlytics, Inc | 47202 |
| 72900 | (a) | Cargurus, Inc | 2038284 |
| 50674 | (a) | Cars.com, Inc | 589845 |
| 81068 | (a) | Charter Communications, Inc | 31767306 |
| 82557 | (b) | Cinemark Holdings, Inc | 2469280 |
| 499375 | (a) | Clear Channel Outdoor Holdings, Inc | 491485 |
| 3294786 |  | Comcast Corp (Class A) | 112681681 |
| 455 | (a) | Daily Journal Corp | 172436 |
| 122900 | (a),(b) | EchoStar Corp (Class A) | 2762792 |
| 229362 |  | Electronic Arts, Inc | 33278133 |
| 40007 |  | Entravision Communications Corp (Class A) | 73213 |
| 54751 | (a) | Eventbrite, Inc | 116072 |
| 14208 | (a) | EverQuote, Inc | 337298 |
| 198256 |  | Fox Corp (Class A) | 9871166 |
| 116246 |  | Fox Corp (Class B) | 5375215 |
| 245139 | (a) | fuboTV, Inc | 735417 |
| 99963 | (a) | Gannett Co, Inc | 319882 |
| 72633 |  | Gray Television, Inc | 243321 |
| 57550 | (a) | IAC, Inc | 2010797 |
| 21682 | (a),(b) | Ibotta, Inc | 1058082 |
| 37647 | (a) | IMAX Corp | 915951 |
| 25095 | (a) | Integral Ad Science Holding Corp | 177422 |
| 340395 |  | Interpublic Group of Cos, Inc | 8550722 |
| 20762 |  | John Wiley & Sons, Inc (Class A) | 906054 |
| 100537 | (a) | Liberty Broadband Corp | 9087539 |
| 18787 | (a) | Liberty Broadband Corp (Class A) | 1672982 |
| 18107 | (a) | Liberty Media Corp-Liberty Formula One (Class A) | 1458519 |
| 188328 | (a) | Liberty Media Corp-Liberty Formula One (Class C) | 16699044 |
| 20078 | (a) | Liberty Media Corp-Liberty Live (Class A) | 1405058 |

---

*See Notes to Financial Statements* 33

------

Equity Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | MEDIA & ENTERTAINMENT (continued) |  |
| 42962 | (a) | Liberty Media Corp-Liberty Live (Class C) | $3072213 |
| 44591 | (a),(b) | Lions Gate Entertainment Corp (Class A) | 395968 |
| 114064 | (a) | Lions Gate Entertainment Corp (Class B) | 910231 |
| 138338 | (a) | Live Nation, Inc | 18322868 |
| 35049 | (a) | Madison Square Garden Entertainment Corp | 1136990 |
| 18866 | (a) | Madison Square Garden Sports Corp | 3633026 |
| 93497 | (a) | Magnite, Inc | 1111679 |
| 24627 |  | Marcus Corp | 401666 |
| 234733 |  | Match Group, Inc | 6962181 |
| 12782 | (a) | MediaAlpha, Inc | 107369 |
| 1941146 |  | Meta Platforms, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1065689154 |
| 379028 | (a) | Netflix, Inc | 428953568 |
| 153857 |  | New York Times Co (Class A) | 8009795 |
| 345909 |  | News Corp (Class A) | 9381052 |
| 95168 |  | News Corp (Class B) | 2990179 |
| 29527 |  | Nexstar Media Group, Inc | 4419011 |
| 129946 | (a) | Nextdoor Holdings, Inc | 191021 |
| 172073 |  | Omnicom Group, Inc | 13105080 |
| 5903 |  | Paramount Global (Class A) | 133762 |
| 484703 |  | Paramount Global (Class B) | 5690413 |
| 530157 | (a) | Pinterest, Inc | 13423575 |
| 61226 | (a) | Playstudios, Inc | 77757 |
| 37469 |  | Playtika Holding Corp | 197462 |
| 32246 | (a) | PubMatic, Inc | 315043 |
| 41070 | (a) | QuinStreet, Inc | 719546 |
| 477262 | (a) | ROBLOX Corp | 32000417 |
| 112502 | (a) | Roku, Inc | 7670386 |
| 22422 |  | Scholastic Corp | 404269 |
| 17136 |  | Shutterstock, Inc | 273491 |
| 37146 |  | Sinclair, Inc | 534902 |
| 193291 |  | Sirius XM Holdings, Inc | 4140293 |
| 19376 | (a),(b) | Sphere Entertainment Co | 527996 |
| 131081 | (a) | Spotify Technology S.A. | 80481112 |
| 46094 | (a) | Stagwell, Inc | 257205 |
| 156129 | (a) | Take-Two Interactive Software, Inc | 36428018 |
| 19150 | (a) | TechTarget, Inc | 152625 |
| 120593 |  | TEGNA, Inc | 1957224 |
| 19655 | (a) | Thryv Holdings, Inc | 269273 |
| 72202 |  | TKO Group Holdings, Inc | 11762428 |
| 117635 | (a) | TripAdvisor, Inc | 1464556 |
| 85679 | (a) | TrueCar, Inc | 127662 |
| 83114 | (a) | Trump Media & Technology Group Corp | 2039618 |
| 106282 | (a) | Vimeo, Inc | 535661 |
| 1604571 |  | Walt Disney Co | 145935732 |
| 2032240 | (a) | Warner Bros Discovery, Inc | 17619521 |
| 39638 | (a) | WideOpenWest, Inc | 173614 |
| 56188 | (a) | Yelp, Inc | 1971075 |
| 39402 | (a) | Ziff Davis, Inc | 1163541 |
| 61686 | (a) | ZipRecruiter, Inc | 318300 |
| 267681 | (a) | ZoomInfo Technologies, Inc | 2291349 |
|  |  | TOTAL MEDIA & ENTERTAINMENT | 3712327633 |
|  |  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 6.3% |  |
| 83340 | (a) | 10X Genomics, Inc | 689222 |
| 16011 | (a),(b) | 2seventy bio, Inc | 79895 |
| 30824 | (a) | 4D Molecular Therapeutics, Inc | 103877 |
| 53283 | (a) | 89bio, Inc | 427330 |
| 1569521 |  | AbbVie, Inc | 306213547 |
| 348028 | (a),(b) | Absci Corp | 1068446 |
| 88298 | (a) | Acadia Pharmaceuticals, Inc | 1289151 |
| 60846 | (a),(b) | ACELYRIN, Inc | 150290 |
| 50315 | (a),(b) | Actinium Pharmaceuticals, Inc | 76479 |
| 118561 | (a) | Adaptive Biotechnologies Corp | 872609 |

---

34 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES (continued) |  |
| 246919 | (a) | ADMA Biologics, Inc | $5876672 |
| 676 | (b) | Aerovate Therapeutics, Inc | 6424 |
| 253049 |  | Agilent Technologies, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27228072 |
| 42139 | (a) | Agios Pharmaceuticals, Inc | 1251107 |
| 88019 | (a) | Akero Therapeutics, Inc | 4014547 |
| 7279 | (a),(b) | Akoya Biosciences, Inc | 8735 |
| 40430 | (a) | Aldeyra Therapeutics, Inc | 107139 |
| 42029 | (a) | Alector, Inc | 50435 |
| 130128 | (a) | Alkermes plc | 3743783 |
| 49804 | (a),(b) | Allogene Therapeutics, Inc | 83671 |
| 114253 | (a) | Alnylam Pharmaceuticals, Inc | 30075960 |
| 98040 | (a),(b) | Altimmune, Inc | 514710 |
| 111691 | (a),(b) | Alto Neuroscience, Inc | 278111 |
| 56031 | (a),(b) | ALX Oncology Holdings, Inc | 30257 |
| 475304 |  | Amgen, Inc | 138275440 |
| 265666 | (a) | Amicus Therapeutics, Inc | 2040315 |
| 258046 | (a) | Amneal Pharmaceuticals, Inc | 1976632 |
| 28740 | (a) | Amphastar Pharmaceuticals, Inc | 701543 |
| 15332 | (a) | AnaptysBio, Inc | 340677 |
| 45302 | (a),(b) | Anavex Life Sciences Corp | 430369 |
| 16713 | (a) | ANI Pharmaceuticals, Inc | 1183615 |
| 10900 | (a) | Anika Therapeutics, Inc | 158377 |
| 117303 | (a) | Annexon, Inc | 218184 |
| 89116 | (a) | Apellis Pharmaceuticals, Inc | 1711918 |
| 37983 | (a) | Apogee Therapeutics, Inc | 1490833 |
| 78794 | (a),(b) | Applied Therapeutics, Inc | 32242 |
| 100801 | (a),(b) | Aquestive Therapeutics, Inc | 294843 |
| 62957 | (a) | Arbutus Biopharma Corp | 223497 |
| 35592 | (a) | Arcellx, Inc | 2311700 |
| 18624 | (a) | Arcturus Therapeutics Holdings, Inc | 238573 |
| 33215 | (a) | Arcus Biosciences, Inc | 290631 |
| 142151 | (a) | Arcutis Biotherapeutics, Inc | 2119471 |
| 185422 | (a) | Ardelyx, Inc | 1020748 |
| 112071 | (a) | Arrowhead Pharmaceuticals, Inc | 1556666 |
| 63898 | (a),(b) | ARS Pharmaceuticals, Inc | 892655 |
| 53603 | (a) | Arvinas, Inc | 515661 |
| 40817 | (a) | Astria Therapeutics, Inc | 210616 |
| 146157 | (a) | Atea Pharmaceuticals, Inc | 431163 |
| 21983 | (a),(b) | Aura Biosciences, Inc | 128161 |
| 103661 | (a) | Aurinia Pharmaceuticals, Inc | 854167 |
| 74237 | (a) | Avadel Pharmaceuticals plc | 659967 |
| 568078 | (a) | Avantor, Inc | 7379333 |
| 129035 | (a) | Avidity Biosciences, Inc | 4212993 |
| 24845 | (a),(b) | Avita Medical, Inc | 240748 |
| 34184 | (a) | Axsome Therapeutics, Inc | 3838521 |
| 120613 | (a),(b) | Beam Therapeutics, Inc | 2403817 |
| 132467 | (a) | BioCryst Pharmaceuticals, Inc | 1172333 |
| 126168 | (a) | Biogen, Inc | 15276421 |
| 61978 | (a) | Biohaven Ltd | 1370953 |
| 17772 | (a) | BioLife Solutions, Inc | 428483 |
| 167763 | (a) | BioMarin Pharmaceutical, Inc | 10684825 |
| 16998 | (a),(b) | Biomea Fusion, Inc | 35696 |
| 18401 | (a) | Bio-Rad Laboratories, Inc (Class A) | 4491316 |
| 129981 |  | Bio-Techne Corp | 6544543 |
| 55914 | (a) | Blueprint Medicines Corp | 5004303 |
| 111829 | (a) | Bridgebio Pharma, Inc | 4289760 |
| 1783415 |  | Bristol-Myers Squibb Co | 89527433 |
| 56174 | (a) | Brooks Automation, Inc | 1479623 |
| 88086 |  | Bruker BioSciences Corp | 3528725 |
| 72831 | (a),(b) | C4 Therapeutics, Inc | 119443 |
| 351330 | (a),(b) | Cabaletta Bio, Inc | 463756 |
| 39266 | (a),(b) | Candel Therapeutics, Inc | 192796 |

---

*See Notes to Financial Statements* 35

------

Equity Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES (continued) |  |
| 35424 | (a),(b) | Capricor Therapeutics, Inc | $449885 |
| 36257 | (a) | CareDx, Inc | 612018 |
| 17292 | (a) | Cargo Therapeutics, Inc | 79024 |
| 134961 | (a),(b) | Caribou Biosciences, Inc | 114838 |
| 31847 | (a),(b) | Cassava Sciences, Inc | 49681 |
| 135472 | (a) | Catalyst Pharmaceuticals, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3290615 |
| 18197 | (a),(b) | Celcuity, Inc | 202715 |
| 50208 | (a) | Celldex Therapeutics, Inc | 1045833 |
| 32063 | (a) | Century Therapeutics, Inc | 17365 |
| 60381 | (a) | CG oncology, Inc | 1626664 |
| 42197 | (a) | Charles River Laboratories International, Inc | 5005408 |
| 62303 | (a),(d) | Chinook Therapeutics, Inc | 24298 |
| 179971 | (a) | Codexis, Inc | 413933 |
| 87080 | (a) | Cogent Biosciences, Inc | 453687 |
| 27222 | (a) | Collegium Pharmaceutical, Inc | 734858 |
| 119048 | (a),(b) | Compass Therapeutics, Inc | 221429 |
| 8797 | (a),(b) | Corbus Pharmaceuticals Holdings, Inc | 65714 |
| 72910 | (a) | Corcept Therapeutics, Inc | 5240771 |
| 72860 | (a),(b) | CorMedix, Inc | 669583 |
| 73540 | (a) | Crinetics Pharmaceuticals, Inc | 2455501 |
| 29602 | (a) | CryoPort, Inc | 165179 |
| 110231 | (a) | Cullinan Oncology, Inc | 912713 |
| 93386 | (a) | Cytek Biosciences, Inc | 346462 |
| 92031 | (a) | Cytokinetics, Inc | 3942608 |
| 573363 |  | Danaher Corp | 114288447 |
| 53454 | (a) | Day One Biopharmaceuticals, Inc | 415872 |
| 101941 | (a) | Denali Therapeutics, Inc | 1697318 |
| 90410 | (a),(b) | Design Therapeutics, Inc | 439393 |
| 15369 | (a) | Disc Medicine, Inc | 759536 |
| 103603 | (a) | Dynavax Technologies Corp | 1217335 |
| 70121 | (a) | Dyne Therapeutics, Inc | 826727 |
| 75000 | (a) | Edgewise Therapeutics, Inc | 1230000 |
| 76006 | (a),(b) | Editas Medicine, Inc | 125410 |
| 406143 | (a) | Elanco Animal Health, Inc | 3850236 |
| 709251 |  | Eli Lilly & Co | 637581186 |
| 16480 | (a) | Enanta Pharmaceuticals, Inc | 100363 |
| 19880 | (a),(b) | Enliven Therapeutics, Inc | 376527 |
| 20959 | (a) | Entrada Therapeutics, Inc | 191356 |
| 194484 | (a) | Erasca, Inc | 283947 |
| 165874 | (a),(b) | Esperion Thereapeutics, Inc | 165774 |
| 21778 | (a) | Evolus, Inc | 248269 |
| 155554 | (a) | Exact Sciences Corp | 7099485 |
| 267118 | (a) | Exelixis, Inc | 10457670 |
| 23505 | (a) | EyePoint Pharmaceuticals, Inc | 160304 |
| 127905 | (a) | Fate Therapeutics, Inc | 163718 |
| 232051 | (a),(b) | Fluidigm Corp | 257577 |
| 14252 | (a) | Foghorn Therapeutics, Inc | 59858 |
| 75830 | (a) | Fortrea Holdings, Inc | 472421 |
| 56383 | (a) | Fulcrum Therapeutics, Inc | 217075 |
| 75916 | (a) | Generation Bio Co | 32879 |
| 1267474 | (a) | Geron Corp | 1787138 |
| 1109573 |  | Gilead Sciences, Inc | 118213907 |
| 22781 | (a),(b) | GRAIL, Inc | 785831 |
| 104921 | (a) | Halozyme Therapeutics, Inc | 6444248 |
| 22623 | (a) | Harmony Biosciences Holdings, Inc | 666700 |
| 21426 | (a) | Harrow Health, Inc | 530722 |
| 135329 | (a),(b) | Heron Therapeutics, Inc | 327496 |
| 79316 | (a),(b) | Humacyte, Inc | 115008 |
| 139198 | (a) | Ideaya Biosciences, Inc | 2802056 |
| 21368 | (a),(b) | IGM Biosciences, Inc | 29595 |
| 136690 | (a) | Illumina, Inc | 10607144 |
| 114982 | (a),(b) | ImmunityBio, Inc | 288605 |

---

36 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES (continued) |  |
| 43493 | (a) | Immunome, Inc | $382303 |
| 37763 | (a) | Immunovant, Inc | 609872 |
| 145350 | (a) | Incyte Corp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9107631 |
| 5064 | (a) | Inhibrx Biosciences, Inc | 62439 |
| 20258 | (a),(d) | Inhibrx, Inc | 13117 |
| 49340 | (a) | Innoviva, Inc | 922165 |
| 69687 | (a),(b) | Inozyme Pharma, Inc | 80140 |
| 149798 | (a) | Insmed, Inc | 10785456 |
| 86438 | (a) | Intellia Therapeutics, Inc | 766705 |
| 127693 | (a) | Ionis Pharmaceuticals, Inc | 3921452 |
| 387960 | (a),(b) | Iovance Biotherapeutics, Inc | 1392776 |
| 156420 | (a) | IQVIA Holdings, Inc | 24256049 |
| 14777 | (a) | iTeos Therapeutics, Inc | 107133 |
| 70808 | (a) | Janux Therapeutics, Inc | 2350826 |
| 62736 | (a),(b) | Jasper Therapeutics, Inc | 344421 |
| 53458 | (a) | Jazz Pharmaceuticals plc | 6252448 |
| 2138241 |  | Johnson & Johnson | 334228451 |
| 16585 | (a) | KalVista Pharmaceuticals, Inc | 228375 |
| 31056 | (a) | Keros Therapeutics, Inc | 448449 |
| 21130 | (a) | Kiniksa Pharmaceuticals Ltd | 569876 |
| 75293 | (a) | Kodiak Sciences, Inc | 328277 |
| 19582 | (a) | Krystal Biotech, Inc | 3326590 |
| 46117 | (a) | Kura Oncology, Inc | 302528 |
| 35001 | (a) | Kymera Therapeutics, Inc | 1199484 |
| 36605 | (a) | Larimar Therapeutics, Inc | 97003 |
| 10998 | (a) | Ligand Pharmaceuticals, Inc (Class B) | 1208240 |
| 270271 | (a),(b) | Lineage Cell Therapeutics, Inc | 134865 |
| 61737 | (a) | Liquidia Corp | 862466 |
| 256359 | (a) | Lyell Immunopharma, Inc | 121822 |
| 79601 | (a) | MacroGenics, Inc | 138108 |
| 18813 | (a) | Madrigal Pharmaceuticals, Inc | 6281849 |
| 20258 | (a),(b) | Magenta Therapeutics, Inc | 442637 |
| 180755 | (a) | MannKind Corp | 911005 |
| 84535 | (a) | Maravai LifeSciences Holdings, Inc | 170761 |
| 68933 | (a),(b) | MaxCyte, Inc | 195770 |
| 21610 | (a) | Medpace Holdings, Inc | 6664308 |
| 76280 | (a) | MeiraGTx Holdings plc | 540825 |
| 2253097 |  | Merck & Co, Inc | 191963864 |
| 3546 |  | Mesa Laboratories, Inc | 408676 |
| 18570 | (a) | Mettler-Toledo International, Inc | 19880485 |
| 81129 | (a) | MiMedx Group, Inc | 558168 |
| 62350 | (a),(b) | Mind Medicine MindMed, Inc | 398416 |
| 20639 | (a) | Mineralys Therapeutics, Inc | 293280 |
| 29905 | (a) | Mirum Pharmaceuticals, Inc | 1299372 |
| 279847 | (a) | Moderna, Inc | 7986833 |
| 31239 | (a),(b) | Monte Rosa Therapeutics, Inc | 153383 |
| 63827 | (a) | Myriad Genetics, Inc | 472958 |
| 102519 | (a) | Natera, Inc | 15473193 |
| 96721 | (a) | Nautilus Biotechnology, Inc | 66602 |
| 64965 | (a),(b) | Neumora Therapeutics, Inc | 50660 |
| 91017 | (a) | Neurocrine Biosciences, Inc | 9801621 |
| 8702 | (a),(b) | Neurogene, Inc | 130530 |
| 34251 | (a),(b) | Nkarta, Inc | 72612 |
| 116572 | (a),(b) | Novavax, Inc | 777535 |
| 49240 | (a) | Nurix Therapeutics, Inc | 567737 |
| 24935 | (a) | Nuvalent, Inc | 1913761 |
| 159982 | (a),(b) | Nuvation Bio, Inc | 359959 |
| 230126 | (a),(b) | Ocugen, Inc | 171950 |
| 151573 | (a) | Ocular Therapeutix, Inc | 1258056 |
| 47004 | (a) | Olema Pharmaceuticals, Inc | 242541 |
| 4311 | (a),(d) | OmniAb Operations, Inc | 43 |
| 4311 | (a),(d) | OmniAb Operations, Inc | 43 |

---

*See Notes to Financial Statements* 37

------

Equity Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES (continued) |  |
| 53864 | (a) | OmniAb, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;91569 |
| 64901 | (a) | Organogenesis Holdings, Inc | 318664 |
| 294559 |  | Organon & Co | 3808648 |
| 61634 | (a) | ORIC Pharmaceuticals, Inc | 351930 |
| 32703 | (a) | Pacira BioSciences, Inc | 879711 |
| 107305 |  | PerkinElmer, Inc | 10025506 |
| 129804 |  | Perrigo Co plc | 3338559 |
| 39666 | (a) | Perspective Therapeutics, Inc | 97182 |
| 4979411 |  | Pfizer, Inc | 121547423 |
| 53110 | (a),(b) | Phathom Pharmaceuticals, Inc | 227842 |
| 15122 |  | Phibro Animal Health Corp | 281420 |
| 47531 | (a) | Pliant Therapeutics, Inc | 75574 |
| 14495 | (a) | Praxis Precision Medicines, Inc | 545592 |
| 293619 | (a),(b) | Precigen, Inc | 458046 |
| 38952 | (a) | Prestige Consumer Healthcare, Inc. | 3164071 |
| 286875 | (a),(b) | Prime Medicine, Inc | 496294 |
| 53801 | (a),(b) | ProKidney Corp | 47646 |
| 46443 | (a) | Protagonist Therapeutics, Inc | 2128018 |
| 31004 | (a) | Prothena Corp plc | 285237 |
| 76549 | (a) | PTC Therapeutics, Inc | 3815202 |
| 31800 | (a) | Q32 Bio, Inc | 50880 |
| 210306 |  | QIAGEN NV | 8990581 |
| 22482 | (a) | Quanterix Corp | 129496 |
| 104376 | (a),(b) | Quantum-Si, Inc | 118989 |
| 29554 | (a),(b) | RAPT Therapeutics, Inc | 27391 |
| 231142 | (a),(b) | Recursion Pharmaceuticals, Inc | 1292084 |
| 90533 |  | Regeneron Pharmaceuticals, Inc | 54207539 |
| 27410 | (a) | REGENXBIO, Inc | 263410 |
| 100692 | (a) | Relay Therapeutics, Inc | 335304 |
| 50015 | (a) | Repligen Corp | 6901570 |
| 36059 | (a) | Replimune Group, Inc | 352657 |
| 162015 | (a) | REVOLUTION Medicines, Inc | 6542166 |
| 44362 | (a) | Rhythm Pharmaceuticals, Inc | 2891959 |
| 53934 | (a) | Rocket Pharmaceuticals, Inc | 411516 |
| 317271 | (a) | Roivant Sciences Ltd | 3686689 |
| 337995 |  | Royalty Pharma plc | 11092996 |
| 38930 | (a) | Sage Therapeutics, Inc | 283800 |
| 102323 | (a),(b) | Sana Biotechnology, Inc | 194414 |
| 77287 | (a) | Sarepta Therapeutics, Inc | 4822709 |
| 82656 | (a) | Savara, Inc | 264499 |
| 75236 | (a) | Scholar Rock Holding Corp | 2476017 |
| 36497 | (a),(b) | scPharmaceuticals, Inc | 93067 |
| 11020 | (a),(b) | Selecta Biosciences, Inc | 132240 |
| 46544 |  | SIGA Technologies, Inc | 256923 |
| 36833 | (a) | Soleno Therapeutics, Inc | 2757318 |
| 163438 | (a) | Sotera Health Co | 1879537 |
| 76249 | (a) | SpringWorks Therapeutics, Inc | 3530329 |
| 28421 | (a),(b) | Spyre Therapeutics, Inc | 432852 |
| 42067 | (a) | Stoke Therapeutics, Inc | 410574 |
| 85601 | (a),(b) | Summit Therapeutics, Inc | 2064696 |
| 34780 | (a) | Supernus Pharmaceuticals, Inc | 1129654 |
| 105693 | (a) | Sutro Biopharma, Inc | 110978 |
| 61495 | (a) | Syndax Pharmaceuticals, Inc | 870154 |
| 54251 | (a) | Tango Therapeutics, Inc | 76494 |
| 51960 | (a) | Tarsus Pharmaceuticals, Inc | 2697244 |
| 224793 | (a),(b) | Taysha Gene Therapies, Inc | 436098 |
| 69998 | (a),(b) | Tenaya Therapeutics, Inc | 33249 |
| 63815 | (a) | Terns Pharmaceuticals, Inc | 210589 |
| 119821 | (a),(b) | TG Therapeutics, Inc | 5453054 |
| 38181 | (a) | Theravance Biopharma, Inc | 373028 |
| 338141 |  | Thermo Fisher Scientific, Inc | 145062489 |
| 20447 | (a) | Tourmaline Bio, Inc | 351893 |

---

38 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES (continued) |  |
| 77044 | (a) | Travere Therapeutics, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1603286 |
| 53575 | (a) | Twist Bioscience Corp | 2052994 |
| 15113 | (a),(b) | Tyra Biosciences, Inc | 155664 |
| 63606 | (a) | Ultragenyx Pharmaceutical, Inc | 2479362 |
| 38931 | (a) | United Therapeutics Corp | 11799597 |
| 34218 | (a),(b) | UroGen Pharma Ltd | 398298 |
| 42360 | (a) | Vanda Pharmaceuticals, Inc | 191044 |
| 108155 | (a) | Vaxcyte, Inc | 3876275 |
| 40027 | (a) | Ventyx Biosciences, Inc | 53236 |
| 36394 | (a) | Vera Therapeutics, Inc | 850528 |
| 49459 | (a) | Veracyte, Inc | 1508500 |
| 34319 | (a) | Vericel Corp | 1304808 |
| 230860 | (a) | Vertex Pharmaceuticals, Inc | 117623170 |
| 127825 | (a) | Verve Therapeutics, Inc | 724768 |
| 1079936 |  | Viatris, Inc | 9093061 |
| 85347 | (a) | Viking Therapeutics, Inc | 2463968 |
| 56000 | (a) | Vir Biotechnology, Inc | 342720 |
| 69084 | (a) | Viridian Therapeutics, Inc | 936088 |
| 28592 | (a) | Voyager Therapeutics, Inc | 101788 |
| 53309 | (a) | Waters Corp | 18537139 |
| 95239 | (a) | WaVe Life Sciences Ltd | 735245 |
| 66096 |  | West Pharmaceutical Services, Inc | 13965424 |
| 42278 | (a) | Xencor, Inc | 465904 |
| 159431 | (a) | Xeris Biopharma Holdings, Inc | 728600 |
| 41080 | (a),(b) | Y-mAbs Therapeutics, Inc | 174590 |
| 373735 | (a) | Zentalis Pharmaceuticals, Inc | 530704 |
| 64413 | (a),(b) | Zevra Therapeutics, Inc | 472147 |
| 396166 |  | Zoetis, Inc | 61960362 |
| 47733 | (a) | Zymeworks, Inc | 621006 |
|  |  | TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES | 3016185305 |
|  |  | REAL ESTATE MANAGEMENT & DEVELOPMENT - 0.2% |  |
| 95865 | (a) | Anywhere Real Estate, Inc | 331693 |
| 279374 | (a) | CBRE Group, Inc | 34133915 |
| 296863 | (a) | Compass, Inc | 2291782 |
| 360879 | (a) | CoStar Group, Inc | 26766395 |
| 170824 | (a) | Cushman & Wakefield plc | 1600621 |
| 52530 | (b) | eXp World Holdings, Inc | 481175 |
| 23024 | (a) | Forestar Group, Inc | 443442 |
| 12216 | (a) | FRP Holdings, Inc | 324762 |
| 32582 | (a) | Howard Hughes Holdings, Inc | 2167681 |
| 44481 | (a) | Jones Lang LaSalle, Inc | 10115424 |
| 159327 |  | Kennedy-Wilson Holdings, Inc | 1019693 |
| 20898 |  | Marcus & Millichap, Inc | 635299 |
| 137987 |  | Newmark Group, Inc | 1516477 |
| 563538 | (a),(b) | Opendoor Technologies, Inc | 427331 |
| 22322 | (a) | Re/Max Holdings, Inc | 170763 |
| 84085 | (a) | Real Brokerage, Inc | 370815 |
| 111352 | (a) | Redfin Corp | 1058958 |
| 11719 |  | RMR Group, Inc | 172035 |
| 3620 | (a) | Seaport Entertainment Group, Inc | 69323 |
| 37446 |  | St. Joe Co | 1584715 |
| 27739 | (a),(b) | Star Holdings | 186961 |
| 23298 | (a) | Tejon Ranch Co | 394435 |
| 44172 | (a) | Zillow Group, Inc (Class A) | 2914469 |
| 136927 | (a) | Zillow Group, Inc (Class C) | 9219295 |
|  |  | TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT | 98397459 |
|  |  | SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 8.8% |  |
| 37003 | (a) | ACM Research, Inc | 720448 |
| 1429628 | (a) | Advanced Micro Devices, Inc | 139174286 |
| 22266 | (a),(b) | Aehr Test Systems | 189929 |
| 124153 | (a) | Allegro MicroSystems, Inc | 2367598 |
| 15596 | (a) | Alpha & Omega Semiconductor Ltd | 293673 |

---

*See Notes to Financial Statements* 39

------

Equity Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT (continued) |  |
| 29077 | (a) | Ambarella, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1395405 |
| 99807 |  | Amkor Technology, Inc | 1741632 |
| 439404 |  | Analog Devices, Inc | 85648628 |
| 725779 |  | Applied Materials, Inc | 109382153 |
| 111846 | (a) | Astera Labs, Inc | 7304662 |
| 27218 | (a) | Axcelis Technologies, Inc | 1333138 |
| 4074352 |  | Broadcom, Inc | 784190529 |
| 17022 | (a) | Ceva, Inc | 446147 |
| 47822 | (a) | Cirrus Logic, Inc | 4592825 |
| 44780 | (a) | Cohu, Inc | 716480 |
| 122566 | (a) | Credo Technology Group Holding Ltd | 5276466 |
| 41045 | (a) | Diodes, Inc | 1576128 |
| 112336 | (a) | Enphase Energy, Inc | 5009062 |
| 128417 |  | Entegris, Inc | 10160353 |
| 90890 | (a) | First Solar, Inc | 11435780 |
| 63486 | (a) | Formfactor, Inc | 1786496 |
| 94351 | (a) | GLOBALFOUNDRIES, Inc | 3308890 |
| 20679 | (a) | Ichor Holdings Ltd | 409031 |
| 20869 | (a) | Impinj, Inc | 1922661 |
| 120636 | (a),(b) | indie Semiconductor, Inc | 240066 |
| 3872005 |  | Intel Corp | 77827300 |
| 118000 |  | KLA Corp | 82917420 |
| 47086 |  | Kulicke & Soffa Industries, Inc | 1517582 |
| 1144222 |  | Lam Research Corp | 82006391 |
| 116584 | (a) | Lattice Semiconductor Corp | 5704455 |
| 55186 | (a) | MACOM Technology Solutions Holdings, Inc | 5725548 |
| 767471 |  | Marvell Technology, Inc | 44797282 |
| 86600 | (a) | MaxLinear, Inc | 865134 |
| 465089 |  | Microchip Technology, Inc | 21431301 |
| 973919 |  | Micron Technology, Inc | 74943067 |
| 53916 |  | MKS Instruments, Inc | 3781668 |
| 43321 |  | Monolithic Power Systems, Inc | 25693685 |
| 89644 | (a),(b) | Navitas Semiconductor Corp | 173013 |
| 4291 |  | NVE Corp | 249350 |
| 20730362 |  | Nvidia Corp | 2257951029 |
| 354254 | (a) | ON Semiconductor Corp | 14063884 |
| 41398 | (a) | Onto Innovation, Inc | 5049314 |
| 36332 | (a) | PDF Solutions, Inc | 666692 |
| 49870 | (a) | Photronics, Inc | 911125 |
| 46429 |  | Power Integrations, Inc | 2280592 |
| 84782 | (a) | Qorvo, Inc | 6076326 |
| 986779 |  | QUALCOMM, Inc | 146497210 |
| 95117 | (a) | Rambus, Inc | 4640758 |
| 200804 | (a) | Rigetti Computing, Inc | 1781131 |
| 72170 | (a) | Semtech Corp | 2255313 |
| 28202 | (a) | Silicon Laboratories, Inc | 2869836 |
| 17175 | (a) | SiTime Corp | 2522321 |
| 3754 | (a),(b) | SkyWater Technology, Inc | 26616 |
| 146579 |  | Skyworks Solutions, Inc | 9422098 |
| 35747 | (a) | SMART Global Holdings, Inc | 610201 |
| 30232 | (a) | Synaptics, Inc | 1682713 |
| 134686 |  | Teradyne, Inc | 9995048 |
| 804547 |  | Texas Instruments, Inc | 128767747 |
| 31853 | (a) | Ultra Clean Holdings | 595810 |
| 41731 |  | Universal Display Corp | 5242666 |
| 37057 | (a) | Veeco Instruments, Inc | 692966 |
| 136460 | (a),(b) | Wolfspeed, Inc | 484433 |
|  |  | TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT | 4213341491 |
|  |  | SOFTWARE & SERVICES - 11.6% |  |
| 78314 | (a) | 8x8, Inc | 138616 |
| 60250 |  | A10 Networks, Inc | 992920 |
| 556104 |  | Accenture plc | 166358512 |

---

40 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | SOFTWARE & SERVICES (continued) |  |
| 97431 | (a) | ACI Worldwide, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5198918 |
| 76196 |  | Adeia, Inc | 937973 |
| 384726 | (a) | Adobe, Inc | 144264555 |
| 16094 | (a) | Agilysys, Inc | 1196589 |
| 131419 | (a) | Akamai Technologies, Inc | 10589743 |
| 39936 | (a) | Alarm.com Holdings, Inc | 2140570 |
| 31790 | (a) | Alkami Technology, Inc | 848475 |
| 111518 |  | Amdocs Ltd | 9878264 |
| 43168 | (a) | Amplitude, Inc | 396714 |
| 76764 | (a) | Ansys, Inc | 24708796 |
| 18081 | (a) | Appfolio, Inc | 3734088 |
| 29215 | (a) | Appian Corp | 907126 |
| 233373 | (a) | AppLovin Corp | 62849683 |
| 67566 | (a) | Asana, Inc | 1090515 |
| 42312 | (a) | ASGN, Inc | 2131679 |
| 143595 | (a) | Atlassian Corp Ltd | 32784174 |
| 64021 | (a) | AudioEye, Inc | 694628 |
| 972148 | (a) | Aurora Innovation, Inc | 7038352 |
| 195226 | (a) | Autodesk, Inc | 53540730 |
| 162461 | (a) | AvePoint, Inc | 2656237 |
| 142771 |  | Bentley Systems, Inc | 6137725 |
| 154441 | (a),(b) | BigBear.ai Holdings, Inc | 526644 |
| 34963 | (a) | BigCommerce Holdings, Inc | 181108 |
| 88953 | (a) | BILL Holdings, Inc | 4053588 |
| 103897 | (a),(b) | Bit Digital, Inc | 201560 |
| 41875 | (a) | Blackbaud, Inc | 2535112 |
| 44539 | (a) | BlackLine, Inc | 2103577 |
| 202594 | (a) | Blend Labs, Inc | 678690 |
| 143236 | (a) | Box, Inc | 4471828 |
| 51645 | (a) | Braze, Inc | 1607709 |
| 78127 | (a) | C3.ai, Inc | 1719575 |
| 240480 | (a) | Cadence Design Systems, Inc | 71600515 |
| 431978 | (a) | CCC Intelligent Solutions Holdings, Inc | 4000116 |
| 27699 | (a) | Cerence, Inc | 250953 |
| 134681 | (a),(b) | Cipher Mining, Inc | 383841 |
| 398476 | (a),(b) | Cleanspark, Inc | 3255549 |
| 70549 |  | Clear Secure, Inc | 1741149 |
| 164001 | (a) | Clearwater Analytics Holdings, Inc | 3729383 |
| 268093 | (a) | Cloudflare, Inc | 32380273 |
| 433988 |  | Cognizant Technology Solutions Corp (Class A) | 31928497 |
| 37055 | (a) | Commvault Systems, Inc | 6193002 |
| 200074 | (a) | Confluent, Inc | 4763762 |
| 10805 | (a) | Consensus Cloud Solutions, Inc | 214587 |
| 142805 | (a) | Core Scientific, Inc | 1156720 |
| 23147 | (a) | Couchbase, Inc | 408313 |
| 204672 | (a) | Crowdstrike Holdings, Inc | 87777681 |
| 9431 | (a) | CS Disco, Inc | 35178 |
| 263334 | (a) | Datadog, Inc | 26902201 |
| 9840 | (a),(b) | Digimarc Corp | 128806 |
| 86742 | (a) | Digital Turbine, Inc | 260226 |
| 58947 | (a) | DigitalOcean Holdings, Inc | 1821462 |
| 177817 | (a) | DocuSign, Inc | 14536540 |
| 50425 |  | Dolby Laboratories, Inc (Class A) | 3872136 |
| 20233 | (a) | Domo, Inc | 150331 |
| 129394 | (a) | DoubleVerify Holdings, Inc | 1715764 |
| 231906 | (a) | Dropbox, Inc | 6620916 |
| 261777 | (a),(b) | D-Wave Quantum, Inc | 1808879 |
| 178283 | (a) | DXC Technology Co | 2766952 |
| 257333 | (a) | Dynatrace, Inc | 12086931 |
| 147811 | (a) | E2open Parent Holdings, Inc | 291188 |
| 16495 | (a) | eGain Corp | 84784 |
| 80289 | (a) | Elastic NV | 6920912 |

---

*See Notes to Financial Statements* 41

------

Equity Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | SOFTWARE & SERVICES (continued) |  |
| 48388 | (a) | EPAM Systems, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7592561 |
| 11244 | (a),(b) | EverCommerce, Inc | 109741 |
| 21341 | (a) | Fair Isaac Corp | 42461761 |
| 136530 | (a) | Fastly, Inc | 785048 |
| 57264 | (a) | Five9, Inc | 1439617 |
| 566830 | (a) | Fortinet, Inc | 58814281 |
| 158570 | (a) | Freshworks, Inc | 2342079 |
| 65673 | (a) | Gartner, Inc | 27653587 |
| 488178 |  | Gen Digital, Inc | 12629165 |
| 98530 | (a) | Gitlab, Inc | 4598395 |
| 35199 | (a) | Globant S.A. | 4138346 |
| 126952 | (a) | GoDaddy, Inc | 23908870 |
| 32650 | (a) | Grid Dynamics Holdings, Inc | 462324 |
| 72264 | (a) | Guidewire Software, Inc | 14797499 |
| 37219 |  | Hackett Group, Inc | 950573 |
| 45029 | (a) | HubSpot, Inc | 27535234 |
| 67082 | (a),(b) | Hut 8 Corp | 825779 |
| 14780 | (a) | I3 Verticals, Inc | 371274 |
| 42116 | (a) | Informatica, Inc | 793044 |
| 40197 | (a) | Intapp, Inc | 2181089 |
| 24224 |  | InterDigital, Inc | 4869024 |
| 815106 |  | International Business Machines Corp | 197108933 |
| 241924 |  | Intuit, Inc | 151800052 |
| 51838 | (a) | Jamf Holding Corp | 599766 |
| 182043 | (a) | Kyndryl Holdings, Inc | 5901834 |
| 48520 | (a) | LiveRamp Holdings, Inc | 1269283 |
| 51627 | (a) | Manhattan Associates, Inc | 9158114 |
| 343869 | (a),(b) | Marathon Digital Holdings, Inc | 4597529 |
| 28276 | (a) | MeridianLink, Inc | 478147 |
| 6589375 |  | Microsoft Corp | 2604516363 |
| 204586 | (a),(b) | MicroStrategy, Inc (Class A) | 77765184 |
| 31026 | (a) | Mitek Systems, Inc | 256895 |
| 67703 | (a) | MongoDB, Inc | 11656426 |
| 52627 | (a) | N-able, Inc | 371547 |
| 58836 | (a) | nCino OpCo, Inc | 1364995 |
| 111377 | (a) | NCR Corp | 954501 |
| 66024 | (a) | NextNav, Inc | 820018 |
| 223451 | (a) | Nutanix, Inc | 15351084 |
| 142910 | (a) | Okta, Inc | 16028786 |
| 69602 | (a) | Olo, Inc | 431532 |
| 19455 | (a) | ON24, Inc | 91049 |
| 49354 |  | OneSpan, Inc | 733894 |
| 22121 | (a) | Ooma, Inc | 270540 |
| 1420622 |  | Oracle Corp | 199909928 |
| 34330 | (a),(b) | Pagaya Technologies Ltd | 376257 |
| 65121 | (a) | PagerDuty, Inc | 1010027 |
| 1818875 | (a) | Palantir Technologies, Inc | 215427555 |
| 577237 | (a) | Palo Alto Networks, Inc | 107902912 |
| 45908 |  | Pegasystems, Inc | 4227209 |
| 97471 | (a),(b) | Procore Technologies, Inc | 6246916 |
| 35100 |  | Progress Software Corp | 2104596 |
| 29988 | (a) | PROS Holdings, Inc | 512195 |
| 100282 | (a) | PTC, Inc | 15540702 |
| 47344 | (a) | Q2 Holdings, Inc | 3752012 |
| 33850 | (a) | Qualys, Inc | 4255284 |
| 45920 | (a) | Rapid7, Inc | 1084630 |
| 10928 |  | Red Violet, Inc | 426848 |
| 38512 | (a) | Rimini Street, Inc | 135947 |
| 61567 | (a) | RingCentral, Inc | 1569959 |
| 226783 | (a),(b) | Riot Platforms, Inc | 1641909 |
| 95312 |  | Roper Industries, Inc | 53382345 |
| 819741 |  | Salesforce, Inc | 220272604 |

---

42 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | SOFTWARE & SERVICES (continued) |  |
| 37443 |  | Sapiens International Corp NV | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1025564 |
| 27043 | (a) | SEMrush Holdings, Inc | 278002 |
| 217032 | (a) | SentinelOne, Inc | 4015092 |
| 181831 | (a) | ServiceNow, Inc | 173650423 |
| 274737 | (a) | Snowflake, Inc | 43817804 |
| 316929 | (a),(b) | SoundHound AI, Inc | 2944270 |
| 6623 | (a) | SoundThinking, Inc | 102789 |
| 69477 | (a) | Sprinklr, Inc | 534278 |
| 56116 | (a) | Sprout Social, Inc | 1173386 |
| 35737 | (a) | SPS Commerce, Inc | 5128617 |
| 135980 | (a) | Synopsys, Inc | 62416180 |
| 110077 | (a) | Tenable Holdings, Inc | 3365054 |
| 85041 | (a) | Teradata Corp | 1828382 |
| 190744 | (a),(b) | Terawulf, Inc | 530268 |
| 391405 | (a) | Trade Desk, Inc | 20991050 |
| 7399 | (a),(b) | Tucows, Inc | 120308 |
| 137857 | (a) | Twilio, Inc | 13332150 |
| 36755 | (a) | Tyler Technologies, Inc | 19968992 |
| 350023 | (a) | UiPath, Inc | 4179275 |
| 46333 | (a) | Unisys Corp | 183942 |
| 249899 | (a) | Unity Software, Inc | 5265372 |
| 82772 | (a) | Varonis Systems, Inc | 3545952 |
| 55349 | (a) | Verint Systems, Inc | 976356 |
| 73038 | (a) | VeriSign, Inc | 20605481 |
| 41020 | (a) | Vertex, Inc | 1642031 |
| 8056 | (a) | Viant Technology, Inc | 115281 |
| 47115 | (a) | Weave Communications, Inc | 499419 |
| 188633 | (a) | Workday, Inc | 46215085 |
| 49334 | (a) | Workiva, Inc | 3713370 |
| 30478 | (a) | Xperi, Inc | 225232 |
| 82017 | (a) | Yext, Inc | 557716 |
| 197079 | (a) | Zeta Global Holdings Corp | 2573852 |
| 224197 | (a) | Zoom Video Communications, Inc | 17384235 |
| 83015 | (a) | Zscaler, Inc | 18775503 |
|  |  | TOTAL SOFTWARE & SERVICES | 5551328829 |
|  |  | TECHNOLOGY HARDWARE & EQUIPMENT - 7.6% |  |
| 63108 | (a),(b) | 908 Devices, Inc | 342676 |
| 83498 | (a) | ADTRAN Holdings, Inc | 639595 |
| 28385 |  | Advanced Energy Industries, Inc | 2764983 |
| 15785 | (a),(b) | Aeva Technologies, Inc | 112231 |
| 1053659 |  | Amphenol Corp (Class A) | 81079060 |
| 13053200 | (c) | Apple, Inc | 2773805000 |
| 33035 | (a) | Applied Optoelectronics, Inc | 422518 |
| 912184 | (a) | Arista Networks, Inc | 75045378 |
| 59735 | (a) | Arlo Technologies, Inc | 587195 |
| 53673 | (a) | Arrow Electronics, Inc | 5977025 |
| 7088 | (a) | Aviat Networks, Inc | 124465 |
| 95338 |  | Avnet, Inc | 4479933 |
| 29424 |  | Badger Meter, Inc | 6497408 |
| 8535 |  | Bel Fuse, Inc (Class B) | 561347 |
| 32324 |  | Belden CDT, Inc | 3332928 |
| 27743 |  | Benchmark Electronics, Inc | 902480 |
| 57397 | (a) | Calix, Inc | 2348111 |
| 116387 |  | CDW Corp | 18687097 |
| 116615 | (a) | Ciena Corp | 7831863 |
| 3543259 |  | Cisco Systems, Inc | 204552342 |
| 7427 | (a) | Clearfield, Inc | 212932 |
| 151819 |  | Cognex Corp | 4144659 |
| 105999 | (a) | Coherent Corp | 6817856 |
| 286524 | (a) | CommScope Holding Co, Inc | 1071600 |
| 697170 |  | Corning, Inc | 30940405 |
| 19293 | (a) | Corsair Gaming, Inc | 136594 |

---

*See Notes to Financial Statements* 43

------

Equity Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | TECHNOLOGY HARDWARE & EQUIPMENT (continued) |  |
| 15693 | (a) | CPI Card Group, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;410215 |
| 38580 |  | Crane NXT Co | 1810174 |
| 23784 |  | CTS Corp | 905695 |
| 60151 | (a) | Daktronics, Inc | 763316 |
| 245190 |  | Dell Technologies, Inc | 22498634 |
| 18799 | (a) | Diebold Nixdorf, Inc | 833360 |
| 23627 | (a) | Digi International, Inc | 642654 |
| 41555 | (a) | Eastman Kodak Co | 261381 |
| 19554 | (a) | ePlus, Inc | 1219387 |
| 85848 | (a),(b) | Evolv Technologies Holdings, Inc | 376873 |
| 109491 | (a) | Extreme Networks, Inc | 1440902 |
| 55621 | (a) | F5 Networks, Inc | 14725104 |
| 32071 | (a) | Fabrinet | 6576479 |
| 14036 | (a) | FARO Technologies, Inc | 412799 |
| 89756 | (a) | Harmonic, Inc | 806009 |
| 1132379 |  | Hewlett Packard Enterprise Co | 18367187 |
| 846925 |  | HP, Inc | 21655872 |
| 25842 |  | Immersion Corp | 186838 |
| 19721 | (a) | Insight Enterprises, Inc | 2727020 |
| 178382 | (a),(b) | IonQ, Inc | 4898370 |
| 27126 | (a) | IPG Photonics Corp | 1624576 |
| 45689 | (a) | Itron, Inc | 5084729 |
| 94781 |  | Jabil Inc | 13891103 |
| 278626 |  | Juniper Networks, Inc | 10119696 |
| 160924 | (a) | Keysight Technologies, Inc | 23398350 |
| 14309 | (a) | Kimball Electronics, Inc | 205191 |
| 61140 | (a) | Knowles Corp | 962344 |
| 86567 | (a),(b) | Lightwave Logic, Inc | 77053 |
| 22984 |  | Littelfuse, Inc | 4190213 |
| 55921 | (a) | Lumentum Holdings, Inc | 3301576 |
| 28648 |  | Methode Electronics, Inc | 179623 |
| 128338 | (a),(b) | MicroVision, Inc | 145022 |
| 165626 | (a) | Mirion Technologies, Inc | 2613578 |
| 147412 |  | Motorola Solutions, Inc | 64918771 |
| 28037 |  | Napco Security Technologies, Inc | 640645 |
| 178329 |  | NetApp, Inc | 16005028 |
| 23717 | (a) | Netgear, Inc | 572054 |
| 52942 | (a) | Netscout Systems, Inc | 1112841 |
| 31027 | (a) | nLight, Inc | 239218 |
| 28759 | (a) | Novanta, Inc | 3418295 |
| 12545 | (a) | OSI Systems, Inc | 2568463 |
| 36044 | (a) | Ouster, Inc | 267807 |
| 24291 | (a) | PAR Technology Corp | 1418594 |
| 8785 |  | PC Connection, Inc | 545021 |
| 21803 | (a) | Plexus Corp | 2669341 |
| 77555 | (a) | Powerfleet, Inc | 390877 |
| 272991 | (a) | Pure Storage, Inc | 12382872 |
| 56145 | (a) | Ribbon Communications, Inc | 180225 |
| 15589 | (a) | Rogers Corp | 963556 |
| 89997 | (a) | SanDisk Corp | 2889804 |
| 46609 | (a) | Sanmina Corp | 3579105 |
| 19158 | (a) | Scansource, Inc | 632022 |
| 92045 | (a) | SmartRent, Inc | 87728 |
| 432367 | (a),(b) | Super Micro Computer, Inc | 13775213 |
| 65252 |  | TD SYNNEX Corp | 7229922 |
| 40888 | (a) | Teledyne Technologies, Inc | 19055035 |
| 224295 | (a) | Trimble Inc | 13937691 |
| 74357 | (a) | TTM Technologies, Inc | 1488627 |
| 10648 | (a) | Turtle Beach Corp | 122984 |
| 5384 |  | Ubiquiti, Inc | 1757607 |
| 114475 | (a) | Viasat, Inc | 1061183 |
| 187869 | (a) | Viavi Solutions, Inc | 1987654 |

---

44 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | TECHNOLOGY HARDWARE & EQUIPMENT (continued) |  |
| 109481 |  | Vishay Intertechnology, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1422158 |
| 9120 | (a) | Vishay Precision Group, Inc | 227453 |
| 125877 |  | Vontier Corp | 4004147 |
| 300647 | (a) | Western Digital Corp | 13186377 |
| 99358 |  | Xerox Holdings Corp | 438169 |
| 44239 | (a) | Zebra Technologies Corp (Class A) | 11073906 |
|  |  | TOTAL TECHNOLOGY HARDWARE & EQUIPMENT | 3606979397 |
|  |  | TELECOMMUNICATION SERVICES - 1.0% |  |
| 8133 | (a) | Anterix, Inc | 242770 |
| 148731 | (a),(b) | AST SpaceMobile, Inc | 3452047 |
| 6341892 |  | AT&T, Inc | 175670408 |
| 5649 |  | ATN International, Inc | 99931 |
| 32094 | (a) | Bandwidth, Inc | 398607 |
| 49425 |  | Cogent Communications Group, Inc | 2686249 |
| 224654 | (a) | Frontier Communications Parent, Inc | 8143708 |
| 79189 | (a),(d) | GCI Liberty, Inc | 792 |
| 34809 | (a) | Globalstar, Inc | 669029 |
| 43200 | (a),(b) | Gogo, Inc | 327024 |
| 14644 |  | IDT Corp | 735861 |
| 117764 |  | Iridium Communications, Inc | 2841645 |
| 107737 | (a) | Liberty Global Ltd | 1179720 |
| 114238 | (a) | Liberty Global Ltd | 1295459 |
| 26275 | (a) | Liberty Latin America Ltd (Class A) | 142411 |
| 114989 | (a) | Liberty Latin America Ltd (Class C) | 632440 |
| 871056 | (a) | Lumen Technologies, Inc | 3083538 |
| 37330 |  | Shenandoah Telecom Co | 415856 |
| 30098 |  | Spok Holdings, Inc | 431605 |
| 88529 |  | Telephone and Data Systems, Inc | 3318952 |
| 413626 |  | T-Mobile US, Inc | 102144941 |
| 3724123 |  | Verizon Communications, Inc | 164084859 |
|  |  | TOTAL TELECOMMUNICATION SERVICES | 471997852 |
|  |  | TRANSPORTATION - 1.4% |  |
| 114348 | (a) | Alaska Air Group, Inc | 5062186 |
| 17676 |  | Allegiant Travel Co | 829535 |
| 7165 | (a),(b) | Amerco, Inc | 439859 |
| 554601 | (a) | American Airlines Group, Inc | 5518280 |
| 19290 |  | ArcBest Corp | 1128851 |
| 27512 | (a),(b) | Avis Budget Group, Inc | 2548437 |
| 55909 | (a) | Blade Air Mobility, Inc | 148159 |
| 97913 |  | CH Robinson Worldwide, Inc | 8735798 |
| 46970 |  | Costamare, Inc | 438230 |
| 29780 |  | Covenant Logistics Group, Inc | 592622 |
| 1643348 |  | CSX Corp | 46128778 |
| 571445 |  | Delta Air Lines, Inc | 23789255 |
| 124196 |  | Expeditors International Washington, Inc | 13650382 |
| 189401 |  | FedEx Corp | 39836712 |
| 43168 | (a),(b) | Forward Air Corp | 635433 |
| 26026 | (a),(b) | Frontier Group Holdings, Inc | 77558 |
| 119048 |  | FTAI Infrastructure, Inc | 514287 |
| 22919 |  | Genco Shipping & Trading Ltd | 297030 |
| 94540 |  | Golden Ocean Group Ltd | 729849 |
| 109335 | (a) | GXO Logistics, Inc | 3962300 |
| 62367 |  | Heartland Express, Inc | 473989 |
| 123606 | (a),(b) | Hertz Global Holdings, Inc | 842993 |
| 74214 |  | Hub Group, Inc (Class A) | 2344420 |
| 70991 |  | JB Hunt Transport Services, Inc | 9270005 |
| 302364 | (a) | JetBlue Airways Corp | 1318307 |
| 524752 | (a),(b) | Joby Aviation, Inc | 3305938 |
| 47100 | (a) | Kirby Corp | 4539027 |
| 139041 |  | Knight-Swift Transportation Holdings, Inc | 5446236 |
| 29754 |  | Landstar System, Inc | 3991499 |
| 398079 | (a) | Lyft, Inc (Class A) | 4936180 |

---

*See Notes to Financial Statements* 45

------

Equity Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | TRANSPORTATION (continued) |  |
| 46584 |  | Marten Transport Ltd | $598139 |
| 32216 |  | Matson, Inc | 3514443 |
| 195197 |  | Norfolk Southern Corp | 43733888 |
| 165114 |  | Old Dominion Freight Line | 25308674 |
| 5088 | (a) | PAM Transportation Services, Inc | 71079 |
| 57721 |  | Pangaea Logistics Solutions Ltd | 232616 |
| 25749 | (a) | Radiant Logistics, Inc | 150632 |
| 149088 | (a) | RXO, Inc | 2100650 |
| 44008 |  | Ryder System, Inc | 6058581 |
| 34465 |  | Safe Bulkers, Inc | 116836 |
| 22323 | (a) | Saia, Inc | 5446812 |
| 55591 |  | Schneider National, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1194651 |
| 39832 | (a) | Skywest, Inc | 3551819 |
| 521047 |  | Southwest Airlines Co | 14568474 |
| 23522 | (a) | Sun Country Airlines Holdings, Inc | 230516 |
| 1809803 | (a) | Uber Technologies, Inc | 146612141 |
| 89807 |  | U-Haul Holding Co | 4921424 |
| 544270 |  | Union Pacific Corp | 117377268 |
| 279728 | (a) | United Airlines Holdings, Inc | 19250881 |
| 638477 |  | United Parcel Service, Inc (Class B) | 60846858 |
| 7105 |  | Universal Truckload Services, Inc | 154463 |
| 46797 |  | Werner Enterprises, Inc | 1154014 |
| 108604 | (a) | XPO, Inc | 11525056 |
|  |  | TOTAL TRANSPORTATION | 660252050 |
|  |  | UTILITIES - 2.5% |  |
| 630762 |  | AES Corp | 6307620 |
| 69047 |  | Allete, Inc | 4521888 |
| 232775 |  | Alliant Energy Corp | 14208586 |
| 228271 |  | Ameren Corp | 22653614 |
| 477947 |  | American Electric Power Co, Inc | 51780778 |
| 38997 |  | American States Water Co | 3163047 |
| 168424 |  | American Water Works Co, Inc | 24760012 |
| 136509 |  | Atmos Energy Corp | 21927441 |
| 78484 |  | Avista Corp | 3254731 |
| 63248 |  | Black Hills Corp | 3851803 |
| 103955 |  | Brookfield Infrastructure Corp | 3892075 |
| 146537 | (b) | Brookfield Renewable Corp | 4170443 |
| 97088 | (a),(b) | Cadiz, Inc | 275730 |
| 56549 |  | California Water Service Group | 2864207 |
| 563404 |  | Centerpoint Energy, Inc | 21848807 |
| 22717 |  | Chesapeake Utilities Corp | 2991147 |
| 25714 |  | Clearway Energy, Inc (Class A) | 703278 |
| 90403 |  | Clearway Energy, Inc (Class C) | 2652424 |
| 261368 |  | CMS Energy Corp | 19249753 |
| 303081 |  | Consolidated Edison, Inc | 34172383 |
| 17051 |  | Consolidated Water Co, Inc | 396265 |
| 281139 |  | Constellation Energy Corp | 62817698 |
| 718671 |  | Dominion Energy, Inc | 39081329 |
| 180750 |  | DTE Energy Co | 24762750 |
| 685789 |  | Duke Energy Corp | 83679974 |
| 326308 |  | Edison International | 17460741 |
| 358832 |  | Entergy Corp | 29844057 |
| 231806 |  | Essential Utilities, Inc | 9534181 |
| 208311 |  | Evergy, Inc | 14394290 |
| 294143 |  | Eversource Energy | 17495626 |
| 878798 |  | Exelon Corp | 41215626 |
| 469514 |  | FirstEnergy Corp | 20132760 |
| 28389 |  | Genie Energy Ltd | 419306 |
| 5833 |  | Global Water Resources, Inc | 60838 |
| 237487 | (a) | Hawaiian Electric Industries, Inc | 2493614 |
| 52830 |  | Idacorp, Inc | 6238695 |
| 197279 |  | MDU Resources Group, Inc | 3381362 |

---

46 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION |  |  | VALUE |
|  |  | UTILITIES (continued) |  |  |  |
| 43887 |  | MGE Energy, Inc |  |  | $3968263 |
| 13108 |  | Middlesex Water Co |  |  | 827377 |
| 49852 | (a) | Montauk Renewables, Inc |  |  | 104689 |
| 87996 |  | National Fuel Gas Co |  |  | 6756333 |
| 106147 |  | New Jersey Resources Corp |  |  | 5194834 |
| 1805550 |  | NextEra Energy, Inc |  |  | 120755184 |
| 405497 |  | NiSource, Inc |  |  | 15858988 |
| 43547 |  | Northwest Natural Holding Co |  |  | 1876876 |
| 58124 |  | NorthWestern Corp |  |  | 3384561 |
| 175442 |  | NRG Energy, Inc |  |  | 19224934 |
| 193006 |  | OGE Energy Corp |  |  | 8758612 |
| 41420 |  | ONE Gas, Inc |  |  | 3251884 |
| 43542 |  | Ormat Technologies, Inc |  |  | 3161149 |
| 34114 |  | Otter Tail Corp |  |  | 2707969 |
| 1913553 |  | PG&E Corp |  |  | 31611896 |
| 99417 |  | Pinnacle West Capital Corp |  |  | 9462510 |
| 84693 |  | PNM Resources, Inc |  |  | 4505668 |
| 120020 |  | Portland General Electric Co |  |  | 5055242 |
| 645366 |  | PPL Corp |  |  | 23555859 |
| 439363 |  | Public Service Enterprise Group, Inc |  |  | 35118285 |
| 16040 | (a) | Pure Cycle Corp |  |  | 158796 |
| 14140 | (b) | RGC Resources, Inc |  |  | 296516 |
| 560717 |  | Sempra Energy |  |  | 41644452 |
| 40646 |  | SJW Corp |  |  | 2306254 |
| 968225 |  | Southern Co |  |  | 88970195 |
| 67208 |  | Southwest Gas Holdings Inc |  |  | 4853090 |
| 53812 |  | Spire, Inc |  |  | 4118770 |
| 210533 |  | UGI Corp |  |  | 6903377 |
| 17356 |  | Unitil Corp |  |  | 1018103 |
| 301970 |  | Vistra Corp |  |  | 39144371 |
| 276013 |  | WEC Energy Group, Inc |  |  | 30228944 |
| 504372 |  | Xcel Energy, Inc |  |  | 35659100 |
| 20767 |  | York Water Co |  |  | 730998 |
|  |  | TOTAL UTILITIES |  |  | 1183832958 |
|  |  | TOTAL COMMON STOCKS<br> (Cost $21,002,553,868) |  |  | 47315741514 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION |  | EXPIRATION<br>DATE | VALUE |
|  |  | RIGHTS/WARRANTS - 0.0% |  |  |  |
|  |  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.0% |  |  |  |
| 50751 | (d) | AstraZeneca plc |  | 02/20/29 | 15733 |
| 27694 | (d) | Chinook Therapeutics, Inc |  | 01/02/30 | 277 |
| 330579 | (b),(d) | Selecta Biosciences, Inc |  | 03/20/24 | 59504 |
| 4598 | (d) | Tobira Therapeutics, Inc |  |  | 276 |
|  |  | TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES |  |  | 75790 |
|  |  | TOTAL RIGHTS/WARRANTS<br> (Cost $68,015) |  |  | 75790 |
|  |  | TOTAL LONG-TERM INVESTMENTS<br> (Cost $21,002,621,883) |  |  | 47315817304 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | RATE |  | VALUE |
|  |  | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES<br>LENDING - 0.2% |  |  |  |
| 108540926 | (e) | State Street Navigator Securities Lending Government Money Market Portfolio | 4.360%(f) |  | 108540926 |
|  |  | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $108,540,926) |  |  | 108540926 |
| PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | SHORT-TERM INVESTMENTS - 1.0% |  |  |  |
|  |  | GOVERNMENT AGENCY DEBT - 0.4% |  |  |  |
| $12500000 |  | Federal Agricultural Mortgage Corp Discount Notes | 0.000 | 05/09/25 | 12486781 |
| 3000000 |  | Federal Agricultural Mortgage Corp Discount Notes | 0.000 | 07/15/25 | 2973780 |

---

*See Notes to Financial Statements* 47

------

Equity Index

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | GOVERNMENT AGENCY DEBT (continued) |  |  |  |
| $4125000 | Federal Farm Credit Banks Funding Corp | 5.125% | 05/22/25 | $4126506 |
| 12500000 | Federal Home Loan Bank Discount Notes | 0.000 | 05/12/25 | 12482375 |
| 50000000 | Federal Home Loan Bank Discount Notes | 0.000 | 05/14/25 | 49917750 |
| 5000000 | Federal Home Loan Bank Discount Notes | 0.000 | 05/23/25 | 4986487 |
| 25000000 | Federal Home Loan Bank Discount Notes | 0.000 | 05/28/25 | 24917750 |
| 11000000 | Federal Home Loan Bank Discount Notes | 0.000 | 05/30/25 | 10961225 |
| 8000000 | Federal Home Loan Bank Discount Notes | 0.000 | 06/04/25 | 7967489 |
| 10000000 | Federal Home Loan Bank Discount Notes | 0.000 | 06/06/25 | 9957039 |
| 10000000 | Federal Home Loan Bank Discount Notes | 0.000 | 06/16/25 | 9945428 |
| 8335000 | Federal Home Loan Bank Discount Notes | 0.000 | 06/20/25 | 8285643 |
| 30000000 | Freddie Mac Discount Notes | 0.000 | 05/19/25 | 29933025 |
|  | TOTAL GOVERNMENT AGENCY DEBT |  |  | 188941278 |
|  | REPURCHASE AGREEMENT - 0.5% |  |  |  |
| 200000000 (g) | Bank of New York Mellon Corp | 4.360 | 05/01/25 | 200000000 |
| 17771000 (h) | Bank of New York Mellon Corp | 4.370 | 05/01/25 | 17771000 |
|  | TOTAL REPURCHASE AGREEMENT |  |  | 217771000 |
|  | TREASURY DEBT - 0.1% |  |  |  |
| 12500000 | United States Treasury Bill | 0.000 | 05/06/25 | 12492701 |
| 3074000 | United States Treasury Bill | 0.000 | 05/20/25 | 3067129 |
| 20000000 | United States Treasury Bill | 0.000 | 05/22/25 | 19950501 |
| 10000000 | United States Treasury Bill | 0.000 | 06/03/25 | 9961330 |
| 8000000 | United States Treasury Bill | 0.000 | 06/24/25 | 7949300 |
|  | TOTAL TREASURY DEBT |  |  | 53420961 |
|  | TOTAL SHORT-TERM INVESTMENTS<br> (Cost $460,152,115) |  |  | 460133239 |
|  | TOTAL INVESTMENTS - 100.4%<br> (Cost $21,571,314,924) |  |  | 47884491469 |
|  | OTHER ASSETS & LIABILITIES, NET - (0.4)% |  |  | (194217589) |
|  | NET ASSETS - 100.0% |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47690273880 |

---

REIT Real Estate Investment Trust

(a) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

(b) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $166,552,352.

(c) Investment, or portion of investment, has been pledged to collateralize the net payment obligations for investments in derivatives.

(d) For fair value measurement disclosure purposes, investment classified as Level 3.

(e) Investments made with cash collateral received from securities on loan.

(f) The rate shown is the one-day yield as of the end of the reporting period.

(g) Agreement with Bank of New York Mellon Corp, 4.360% dated 4/30/25 to be repurchased at $200,024,222 on 5/1/25, collateralized by Government Agency Securities, with coupon rate 0.000% and maturity date 10/16/25, valued at $204,000,000.

(h) Agreement with Bank of New York Mellon Corp, 4.370% dated 4/30/25 to be repurchased at $18,073,074 on 5/1/25, collateralized by Government Agency Securities, with coupon rate 4.625% and maturity date 6/15/27, valued at $18,126,491.

Investments in Derivatives

Futures Contracts - Long

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description | Number of<br>Contracts | Expiration<br>Date | Notional Amount | Value | Unrealized<br>Appreciation<br>(Depreciation) |
|  S&P 500 E-Mini Index | 1192 | 06/20/25 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320917201 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;332985200 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12067999 |

---

48 *See Notes to Financial Statements*

------

## Portfolios of Investments April 30, 2025
Large Cap Growth Index

(Unaudited)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | LONG-TERM INVESTMENTS - 100.0% |  |
|  | COMMON STOCKS - 99.4% |  |
|  | AUTOMOBILES & COMPONENTS - 3.0% |  |
| 1530582 (a) | Tesla, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;431869017 |
|  | TOTAL AUTOMOBILES & COMPONENTS | 431869017 |
|  | BANKS - 0.2% |  |
| 1797246 (a) | NU Holdings Ltd | 22339768 |
| 3973 | Popular, Inc | 379104 |
|  | TOTAL BANKS | 22718872 |
|  | CAPITAL GOODS - 2.0% |  |
| 55183 | 3M Co | 7665471 |
| 37915 | Aaon, Inc | 3460502 |
| 13548 | Advanced Drainage Systems, Inc | 1537563 |
| 8058 | Armstrong World Industries, Inc | 1168571 |
| 39969 (a) | Axon Enterprise, Inc | 24512988 |
| 54215 (a) | AZEK Co, Inc | 2686895 |
| 67798 (a) | Boeing Co | 12423306 |
| 5876 (a) | Builders FirstSource, Inc | 702946 |
| 12410 | BWX Technologies, Inc | 1354179 |
| 3456 | Carlisle Cos, Inc | 1311483 |
| 38474 | Caterpillar, Inc | 11898854 |
| 20146 | Comfort Systems USA, Inc | 8009042 |
| 68671 (a) | Core & Main, Inc | 3617588 |
| 9879 | EMCOR Group, Inc | 3958515 |
| 266400 | Fastenal Co | 21570408 |
| 7736 | Ferguson Enterprises, Inc | 1312490 |
| 15520 (a) | Generac Holdings, Inc | 1775178 |
| 128054 | General Electric Co | 25808003 |
| 25366 | HEICO Corp | 6360778 |
| 43586 | HEICO Corp (Class A) | 8757735 |
| 56529 | Honeywell International, Inc | 11899354 |
| 13300 | Howmet Aerospace, Inc | 1843114 |
| 60544 | Illinois Tool Works, Inc | 14525111 |
| 17169 | Lennox International, Inc | 9387151 |
| 8283 | Lincoln Electric Holdings, Inc | 1459465 |
| 16551 (a) | Loar Holdings, Inc | 1565394 |
| 37289 | Lockheed Martin Corp | 17814820 |
| 23915 | Quanta Services, Inc | 6999681 |
| 5673 | Rockwell Automation, Inc | 1405089 |
| 1999 | Simpson Manufacturing Co, Inc | 307226 |
| 10134 (a) | SiteOne Landscape Supply, Inc | 1163485 |
| 1997 (a) | Spirit Aerosystems Holdings, Inc (Class A) | 71892 |
| 13590 (a) | Standardaero, Inc | 367202 |
| 42792 | Trane Technologies plc | 16402601 |
| 5918 | TransDigm Group, Inc | 8362548 |
| 62060 (a) | Trex Co, Inc | 3588309 |
| 8652 | United Rentals, Inc | 5463305 |
| 199393 | Vertiv Holdings Co | 17024174 |
| 20884 | W.W. Grainger, Inc | 21391690 |
| 22703 | WillScot Mobile Mini Holdings Corp | 570299 |
|  | TOTAL CAPITAL GOODS | 291504405 |
|  | COMMERCIAL & PROFESSIONAL SERVICES - 1.8% |  |
| 210542 | Automatic Data Processing, Inc | 63288925 |
| 68889 | Booz Allen Hamilton Holding Corp | 8268058 |
| 59401 | Broadridge Financial Solutions, Inc | 14398802 |
| 6171 (a) | Ceridian HCM Holding, Inc | 357116 |
| 180653 | Cintas Corp | 38240627 |
| 448554 (a) | Copart, Inc | 27375251 |
| 13285 | Equifax, Inc | 3455827 |
| 6158 | KBR, Inc | 325204 |
| 64877 | Paychex, Inc | 9544704 |

---

See Notes to Financial Statements 49

------

## Portfolios of Investments April 30, 2025 (continued)
Large Cap Growth Index

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | COMMERCIAL & PROFESSIONAL SERVICES (continued) |  |
| 17258 | Paycom Software, Inc | $3907039 |
| 24685 (a) | Paylocity Holding Corp | 4741988 |
| 150925 | Rollins, Inc | 8622345 |
| 33715 | Tetra Tech, Inc | 1051571 |
| 5951 | TransUnion | 493695 |
| 59503 | Veralto Corp | 5706338 |
| 77646 | Verisk Analytics, Inc | 23016604 |
| 220433 | Waste Management, Inc | 51440245 |
|  | TOTAL COMMERCIAL & PROFESSIONAL SERVICES | 264234339 |
|  | CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 8.8% |  |
| 4949430 (a) | Amazon.com, Inc | 912773881 |
| 8512 (a) | Autozone, Inc | 32027251 |
| 34322 (a) | Burlington Stores, Inc | 7723823 |
| 3051 (a) | Carmax, Inc | 197308 |
| 20849 (a) | Carvana Co | 5094453 |
| 642148 (a) | Coupang, Inc | 15006999 |
| 2165 | Dick's Sporting Goods, Inc | 406457 |
| 40820 (a) | Etsy, Inc | 1774854 |
| 24566 (a) | Five Below, Inc | 1864314 |
| 20613 (a) | Floor & Decor Holdings, Inc | 1472593 |
| 436316 | Home Depot, Inc | 157287555 |
| 9342 | Murphy USA, Inc | 4657641 |
| 29411 (a) | O'Reilly Automotive, Inc | 41622447 |
| 20653 | Pool Corp | 6054220 |
| 1531 (a) | RH | 281750 |
| 40894 | Ross Stores, Inc | 5684266 |
| 369797 | TJX Cos, Inc | 47585478 |
| 298136 | Tractor Supply Co | 15091644 |
| 22294 (a) | Ulta Beauty, Inc | 8820398 |
| 70093 (a) | Valvoline, Inc | 2401386 |
| 40534 | Williams-Sonoma, Inc | 6261287 |
|  | TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL | 1274090005 |
|  | CONSUMER DURABLES & APPAREL - 0.4% |  |
| 5758 (a) | Crocs, Inc | 555186 |
| 83769 (a) | Deckers Outdoor Corp | 9284118 |
| 65569 | Hasbro, Inc | 4058721 |
| 64149 (a) | Lululemon Athletica, Inc | 17369625 |
| 403677 | Nike, Inc (Class B) | 22767383 |
| 7051 (a) | SharkNinja Global SPV Ltd | 567606 |
| 4710 (a) | Skechers U.S.A., Inc (Class A) | 226174 |
| 90256 (b) | Tempur Sealy International, Inc | 5511031 |
| 1003 (a) | TopBuild Corp | 296647 |
| 13654 (a) | YETI Holdings, Inc | 389822 |
|  | TOTAL CONSUMER DURABLES & APPAREL | 61026313 |
|  | CONSUMER SERVICES - 2.4% |  |
| 235937 (a) | Airbnb, Inc | 28765439 |
| 17131 | Booking Holdings, Inc | 87355766 |
| 5741 (a) | Bright Horizons Family Solutions, Inc | 720036 |
| 40588 (a) | Cava Group, Inc | 3751549 |
| 753010 (a) | Chipotle Mexican Grill, Inc (Class A) | 38042065 |
| 13047 (b) | Choice Hotels International, Inc | 1645357 |
| 40642 | Churchill Downs, Inc | 3674443 |
| 33816 | Darden Restaurants, Inc | 6784842 |
| 6528 | Domino's Pizza, Inc | 3201135 |
| 170059 (a) | DoorDash, Inc | 32802681 |
| 251147 (a) | DraftKings, Inc | 8360684 |
| 20018 (a) | Duolingo, Inc | 7796611 |
| 23235 (a) | Dutch Bros, Inc | 1388059 |
| 68063 | Expedia Group, Inc | 10681127 |
| 4330 (a) | Grand Canyon Education, Inc | 772342 |
| 14557 | H&R Block, Inc | 878806 |
| 67963 | Hilton Worldwide Holdings, Inc | 15324297 |

---

50 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | CONSUMER SERVICES (continued) |  |
| 3415 |  | Hyatt Hotels Corp | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;384802 |
| 193739 |  | Las Vegas Sands Corp | 7104409 |
| 48547 | (a) | Light & Wonder, Inc | 4144943 |
| 25006 |  | McDonald's Corp | 7993168 |
| 252714 | (a) | Norwegian Cruise Line Holdings Ltd | 4051005 |
| 25784 | (a) | Planet Fitness, Inc | 2438909 |
| 44265 |  | Royal Caribbean Cruises Ltd | 9512991 |
| 484604 |  | Starbucks Corp | 38792550 |
| 38715 |  | Texas Roadhouse, Inc (Class A) | 6425141 |
| 17159 |  | Vail Resorts, Inc | 2388533 |
| 16996 |  | Wendy's Co | 212450 |
| 15558 |  | Wingstop, Inc | 4105601 |
| 2339 |  | Wyndham Hotels & Resorts, Inc | 199517 |
| 3909 |  | Wynn Resorts Ltd | 313932 |
| 60664 |  | Yum! Brands, Inc | 9126292 |
|  |  | TOTAL CONSUMER SERVICES | 349139482 |
|  |  | CONSUMER STAPLES DISTRIBUTION & RETAIL - 1.8% |  |
| 3770 |  | Casey's General Stores, Inc | 1743964 |
| 244255 |  | Costco Wholesale Corp | 242911597 |
| 11757 | (a) | Performance Food Group Co | 948320 |
| 166442 |  | Sysco Corp | 11883959 |
|  |  | TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL | 257487840 |
|  |  | ENERGY - 0.5% |  |
| 53051 |  | Antero Midstream Corp | 877994 |
| 61302 |  | Cheniere Energy, Inc | 14167505 |
| 16619 |  | Civitas Resources, Inc | 452868 |
| 19657 |  | EQT Corp | 971842 |
| 100653 |  | Hess Corp | 12989270 |
| 4805 |  | Matador Resources Co | 189990 |
| 46795 | (b) | New Fortress Energy, Inc | 254097 |
| 71960 |  | Permian Resources Corp | 849128 |
| 121855 |  | Targa Resources Corp | 20825019 |
| 10174 |  | Texas Pacific Land Corp | 13112963 |
| 13635 |  | Viper Energy Partners LP | 549900 |
| 38818 |  | Weatherford International plc | 1607065 |
|  |  | TOTAL ENERGY | 66847641 |
|  |  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 0.6% |  |
| 257352 |  | American Tower Corp | 58009714 |
| 2755 |  | Equinix, Inc | 2371366 |
| 89449 |  | Iron Mountain, Inc | 8020892 |
| 15533 |  | Lamar Advertising Co | 1767811 |
| 12935 |  | Public Storage, Inc | 3886062 |
| 44566 |  | Simon Property Group, Inc | 7013797 |
|  |  | TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) | 81069642 |
|  |  | FINANCIAL SERVICES - 6.5% |  |
| 20081 |  | Ally Financial, Inc | 655845 |
| 114775 |  | American Express Co | 30577208 |
| 48415 |  | Ameriprise Financial, Inc | 22804433 |
| 215609 |  | Apollo Global Management, Inc | 29426316 |
| 102153 |  | Ares Management Corp | 15581397 |
| 397649 |  | Blackstone, Inc | 52374350 |
| 126312 | (a) | Block, Inc | 7385463 |
| 291120 |  | Blue Owl Capital, Inc | 5394454 |
| 89108 |  | Charles Schwab Corp | 7253391 |
| 93411 | (a) | Coinbase Global, Inc | 18952158 |
| 37275 | (a) | Corpay, Inc | 12128167 |
| 2635 | (a),(b) | Credit Acceptance Corp | 1284352 |
| 174371 |  | Equitable Holdings, Inc | 8622646 |
| 7243 |  | Factset Research Systems, Inc | 3130569 |
| 100793 | (a) | Fiserv, Inc | 18603364 |
| 44792 |  | Goldman Sachs Group, Inc | 24525860 |
| 1804 |  | Houlihan Lokey, Inc | 292392 |

---

*See Notes to Financial Statements* 51

------

Large Cap Growth Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | FINANCIAL SERVICES (continued) |  |
| 27325 |  | Jefferies Financial Group, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1276897 |
| 107099 |  | KKR & Co, Inc | 12238203 |
| 55112 |  | Lazard, Inc | 2143857 |
| 43632 |  | LPL Financial Holdings, Inc | 13953077 |
| 449358 |  | Mastercard, Inc (Class A) | 246275145 |
| 87240 |  | Moody's Corp | 39530189 |
| 36867 |  | Morgan Stanley | 4255189 |
| 14712 |  | Morningstar, Inc | 4188801 |
| 24674 |  | MSCI, Inc (Class A) | 13450044 |
| 36294 | (a),(b) | Shift4 Payments, Inc | 2968849 |
| 87578 | (a) | SoFi Technologies, Inc | 1095601 |
| 251501 | (a) | Toast, Inc | 8948406 |
| 9118 |  | TPG, Inc | 423531 |
| 24667 |  | Tradeweb Markets, Inc | 3411446 |
| 68515 |  | UWM Holdings Corp | 322020 |
| 950401 |  | Visa, Inc (Class A) | 328363545 |
| 42653 |  | Western Union Co | 422691 |
| 2088 | (a) | WEX, Inc | 272213 |
| 7928 |  | XP, Inc | 127641 |
|  |  | TOTAL FINANCIAL SERVICES | 942659710 |
|  |  | FOOD, BEVERAGE & TOBACCO - 1.3% |  |
| 993 | (a) | Boston Beer Co, Inc (Class A) | 244079 |
| 97737 | (a) | Celsius Holdings, Inc | 3416886 |
| 1227145 |  | Coca-Cola Co | 89029370 |
| 6487 | (a) | Freshpet, Inc | 477054 |
| 10986 |  | Hershey Co | 1836749 |
| 24847 |  | Lamb Weston Holdings, Inc | 1312170 |
| 312377 | (a) | Monster Beverage Corp | 18780105 |
| 599130 |  | PepsiCo, Inc | 81230045 |
| 1287 |  | Pilgrim's Pride Corp | 70245 |
|  |  | TOTAL FOOD, BEVERAGE & TOBACCO | 196396703 |
|  |  | HEALTH CARE EQUIPMENT & SERVICES - 2.2% |  |
| 23627 | (a) | Align Technology, Inc | 4094559 |
| 94206 |  | AmerisourceBergen Corp | 27571270 |
| 81197 |  | Cardinal Health, Inc | 11472324 |
| 814 |  | Chemed Corp | 473349 |
| 13630 |  | Cigna Group | 4634745 |
| 24951 | (a) | DaVita, Inc | 3531814 |
| 215472 | (a) | DexCom, Inc | 15380391 |
| 4491 | (a) | Doximity, Inc | 255448 |
| 61443 | (a) | Edwards Lifesciences Corp | 4638332 |
| 19629 |  | Elevance Health, Inc | 8255565 |
| 26954 |  | GE HealthCare Technologies, Inc | 1895675 |
| 25256 |  | HCA, Inc | 8715341 |
| 44983 | (a) | IDEXX Laboratories, Inc | 19461895 |
| 16482 | (a) | Inspire Medical Systems, Inc | 2610419 |
| 37727 | (a) | Insulet Corp | 9518145 |
| 194679 | (a) | Intuitive Surgical, Inc | 100415428 |
| 12036 | (a) | Masimo Corp | 1937315 |
| 29842 |  | McKesson Corp | 21271079 |
| 19571 | (a) | Molina Healthcare, Inc | 6399913 |
| 20224 | (a) | Penumbra, Inc | 5922396 |
| 21322 |  | Resmed, Inc | 5044572 |
| 59189 |  | Stryker Corp | 22131951 |
| 34557 |  | UnitedHealth Group, Inc | 14218132 |
| 81411 | (a) | Veeva Systems, Inc | 19024937 |
|  |  | TOTAL HEALTH CARE EQUIPMENT & SERVICES | 318874995 |
|  |  | HOUSEHOLD & PERSONAL PRODUCTS - 0.6% |  |
| 66830 |  | Clorox Co | 9509909 |
| 246430 |  | Colgate-Palmolive Co | 22718382 |
| 28464 | (a) | elf Beauty, Inc | 1761068 |
| 44782 |  | Estee Lauder Cos (Class A) | 2685129 |

---

52 *See Notes to Financial Statements*

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | HOUSEHOLD & PERSONAL PRODUCTS (continued) |  |
| 74848 | Kimberly-Clark Corp | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9863469 |
| 289920 | Procter & Gamble Co | 47132294 |
|  | TOTAL HOUSEHOLD & PERSONAL PRODUCTS | 93670251 |
|  | INSURANCE - 0.8% |  |
| 22050 | Allstate Corp | 4374500 |
| 56173 | Brown & Brown, Inc | 6212734 |
| 2896 | Everest Re Group Ltd | 1039172 |
| 9339 | Gallagher (Arthur J.) & Co | 2994924 |
| 12292 | Kinsale Capital Group, Inc | 5350216 |
| 1639 (a) | Markel Corp | 2980685 |
| 38417 | Marsh & McLennan Cos, Inc | 8661881 |
| 271622 | Progressive Corp | 76526782 |
| 2628 | RLI Corp | 194498 |
| 52927 | Ryan Specialty Holdings, Inc | 3467248 |
|  | TOTAL INSURANCE | 111802640 |
|  | MATERIALS - 0.6% |  |
| 16250 | Avery Dennison Corp | 2780538 |
| 13183 | Celanese Corp (Series A) | 586775 |
| 31294 | Chemours Co | 387420 |
| 82340 (a) | Cleveland-Cliffs, Inc | 678482 |
| 13883 | Eagle Materials, Inc | 3142972 |
| 119361 | Ecolab, Inc | 30010936 |
| 24187 | Louisiana-Pacific Corp | 2087580 |
| 1847 | Martin Marietta Materials, Inc | 967791 |
| 15787 | RPM International, Inc | 1685262 |
| 4227 | Sealed Air Corp | 116496 |
| 117880 | Sherwin-Williams Co | 41602210 |
| 49673 | Southern Copper Corp | 4446727 |
| 18370 | Vulcan Materials Co | 4819002 |
|  | TOTAL MATERIALS | 93312191 |
|  | MEDIA & ENTERTAINMENT - 12.7% |  |
| 2561265 | Alphabet, Inc | 412081926 |
| 3102347 | Alphabet, Inc (Class A) | 492652703 |
| 14915 (a) | Liberty Broadband Corp | 1348167 |
| 674 (a) | Liberty Broadband Corp (Class A) | 60020 |
| 4443 (a) | Liberty Media Corp-Liberty Formula One (Class A) | 357884 |
| 37525 (a) | Liberty Media Corp-Liberty Formula One (Class C) | 3327342 |
| 88537 (a) | Live Nation, Inc | 11726726 |
| 800 (a) | Madison Square Garden Sports Corp | 154056 |
| 1050876 | Meta Platforms, Inc | 576930924 |
| 235659 (a) | Netflix, Inc | 266700003 |
| 5728 | Nexstar Media Group, Inc | 857252 |
| 331535 (a) | Pinterest, Inc | 8394466 |
| 288278 (a) | ROBLOX Corp | 19329040 |
| 7275 (a) | Roku, Inc | 496009 |
| 80943 (a) | Spotify Technology S.A. | 49697383 |
| 5815 | TKO Group Holdings, Inc | 947322 |
| 24224 (a) | Trump Media & Technology Group Corp | 594457 |
|  | TOTAL MEDIA & ENTERTAINMENT | 1845655680 |
|  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 5.5% |  |
| 45971 (a) | 10X Genomics, Inc | 380180 |
| 421699 | AbbVie, Inc | 82273475 |
| 63471 (a) | Alnylam Pharmaceuticals, Inc | 16708106 |
| 230234 | Amgen, Inc | 66979675 |
| 62684 (a) | Apellis Pharmaceuticals, Inc | 1204160 |
| 35761 | Bruker BioSciences Corp | 1432586 |
| 440906 | Eli Lilly & Co | 396352449 |
| 40589 (a) | Exact Sciences Corp | 1852482 |
| 129633 (a) | Exelixis, Inc | 5075132 |
| 46607 (a) | Fortrea Holdings, Inc | 290362 |
| 5884 (a) | Incyte Corp | 368691 |
| 83863 (a) | Ionis Pharmaceuticals, Inc | 2575433 |

---

*See Notes to Financial Statements* 53

------

Large Cap Growth Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES (continued) |  |
| 10959 | (a) | IQVIA Holdings, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1699412 |
| 13670 | (a) | Medpace Holdings, Inc | 4215691 |
| 1397066 |  | Merck & Co, Inc | 119030023 |
| 63799 | (a) | Natera, Inc | 9629183 |
| 53655 | (a) | Neurocrine Biosciences, Inc | 5778107 |
| 4724 |  | Regeneron Pharmaceuticals, Inc | 2828542 |
| 4286 | (a) | Repligen Corp | 591425 |
| 49142 | (a) | Sarepta Therapeutics, Inc | 3066461 |
| 49013 | (a) | Ultragenyx Pharmaceutical, Inc | 1910527 |
| 71274 | (a) | Vertex Pharmaceuticals, Inc | 36314103 |
| 56184 | (a),(b) | Viking Therapeutics, Inc | 1622032 |
| 19343 | (a) | Waters Corp | 6726141 |
| 23648 |  | West Pharmaceutical Services, Inc | 4996586 |
| 205252 |  | Zoetis, Inc | 32101413 |
|  |  | TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES | 806002377 |
|  |  | REAL ESTATE MANAGEMENT & DEVELOPMENT - 0.0% |  |
| 7879 | (a) | Jones Lang LaSalle, Inc | 1791763 |
|  |  | TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT | 1791763 |
|  |  | SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 14.9% |  |
| 585350 | (a) | Advanced Micro Devices, Inc | 56983822 |
| 412723 |  | Applied Materials, Inc | 62201483 |
| 2894 | (a) | Astera Labs, Inc | 189007 |
| 2460787 |  | Broadcom, Inc | 473627674 |
| 72175 | (a) | Enphase Energy, Inc | 3218283 |
| 81413 |  | Entegris, Inc | 6441397 |
| 73016 |  | KLA Corp | 51307613 |
| 709490 |  | Lam Research Corp | 50849148 |
| 60275 | (a) | Lattice Semiconductor Corp | 2949256 |
| 36894 |  | Marvell Technology, Inc | 2153503 |
| 2122 |  | MKS Instruments, Inc | 148837 |
| 25652 |  | Monolithic Power Systems, Inc | 15214201 |
| 12242793 |  | Nvidia Corp | 1333485014 |
| 6771 | (a) | Onto Innovation, Inc | 825859 |
| 577182 |  | QUALCOMM, Inc | 85688440 |
| 79400 |  | Teradyne, Inc | 5892274 |
| 61824 |  | Texas Instruments, Inc | 9894931 |
| 12648 |  | Universal Display Corp | 1588968 |
|  |  | TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT | 2162659710 |
|  |  | SOFTWARE & SERVICES - 19.4% |  |
| 239792 | (a) | Adobe, Inc | 89917204 |
| 11816 | (a) | Appfolio, Inc | 2440240 |
| 143485 | (a) | AppLovin Corp | 38641945 |
| 89315 | (a) | Atlassian Corp Ltd | 20391508 |
| 118866 | (a) | Autodesk, Inc | 32599000 |
| 75387 |  | Bentley Systems, Inc | 3240887 |
| 13718 | (a) | BILL Holdings, Inc | 625129 |
| 150182 | (a) | Cadence Design Systems, Inc | 44715189 |
| 168431 | (a) | Cloudflare, Inc | 20343096 |
| 130039 | (a) | Confluent, Inc | 3096229 |
| 126752 | (a) | Crowdstrike Holdings, Inc | 54360130 |
| 167824 | (a) | Datadog, Inc | 17144900 |
| 112125 | (a) | DocuSign, Inc | 9166219 |
| 43964 | (a) | DoubleVerify Holdings, Inc | 582963 |
| 40799 | (a) | Dropbox, Inc | 1164811 |
| 169135 | (a) | Dynatrace, Inc | 7944271 |
| 46442 | (a) | Elastic NV | 4003300 |
| 1883 | (a) | EPAM Systems, Inc | 295462 |
| 10954 | (a) | Fair Isaac Corp | 21794955 |
| 33972 | (a) | Five9, Inc | 854056 |
| 283829 | (a) | Fortinet, Inc | 29450097 |
| 41613 | (a) | Gartner, Inc | 17522402 |
| 72407 | (a) | Gitlab, Inc | 3379235 |

---

54 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | SOFTWARE & SERVICES (continued) |  |
| 17013 | (a) | Globant S.A. | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000218 |
| 78464 | (a) | GoDaddy, Inc | 14777125 |
| 20034 | (a) | Guidewire Software, Inc | 4102362 |
| 27320 | (a) | HubSpot, Inc | 16706180 |
| 150447 |  | Intuit, Inc | 94400979 |
| 34286 | (a) | Manhattan Associates, Inc | 6081994 |
| 3887422 |  | Microsoft Corp | 1536542420 |
| 8037 | (a),(b) | MicroStrategy, Inc (Class A) | 3054944 |
| 39155 | (a) | MongoDB, Inc | 6741316 |
| 27478 | (a) | nCino OpCo, Inc | 637490 |
| 35053 | (a) | Nutanix, Inc | 2408141 |
| 40902 | (a) | Okta, Inc | 4587568 |
| 880466 |  | Oracle Corp | 123899176 |
| 1133721 | (a) | Palantir Technologies, Inc | 134277915 |
| 356447 | (a) | Palo Alto Networks, Inc | 66630638 |
| 22544 |  | Pegasystems, Inc | 2075852 |
| 56639 | (a),(b) | Procore Technologies, Inc | 3629993 |
| 38662 | (a) | PTC, Inc | 5991450 |
| 43129 | (a) | RingCentral, Inc | 1099789 |
| 431776 |  | Salesforce, Inc | 116022529 |
| 29772 | (a) | SentinelOne, Inc | 550782 |
| 113117 | (a) | ServiceNow, Inc | 108027866 |
| 170616 | (a) | Snowflake, Inc | 27211546 |
| 85025 | (a) | Synopsys, Inc | 39027325 |
| 49348 | (a) | Teradata Corp | 1060982 |
| 251622 | (a) | Trade Desk, Inc | 13494488 |
| 16286 | (a) | Twilio, Inc | 1575019 |
| 20164 | (a) | Tyler Technologies, Inc | 10955101 |
| 216290 | (a) | UiPath, Inc | 2582503 |
| 67494 | (a) | Unity Software, Inc | 1422099 |
| 2455 | (a) | VeriSign, Inc | 692605 |
| 116670 | (a) | Workday, Inc | 28584150 |
| 51536 | (a) | Zscaler, Inc | 11655897 |
|  |  | TOTAL SOFTWARE & SERVICES | 2816181670 |
|  |  | TECHNOLOGY HARDWARE & EQUIPMENT - 12.1% |  |
| 380135 |  | Amphenol Corp (Class A) | 29251388 |
| 7687697 |  | Apple, Inc | 1633635613 |
| 567763 | (a) | Arista Networks, Inc | 46709862 |
| 36361 |  | CDW Corp | 5838122 |
| 4992 |  | Cognex Corp | 136282 |
| 25423 |  | Dell Technologies, Inc | 2332814 |
| 127355 |  | HP, Inc | 3256467 |
| 5182 |  | Jabil Inc | 759474 |
| 43201 |  | Motorola Solutions, Inc | 19025288 |
| 49664 |  | NetApp, Inc | 4457344 |
| 146652 | (a) | Pure Storage, Inc | 6652135 |
| 266964 | (a),(b) | Super Micro Computer, Inc | 8505473 |
| 823 |  | Ubiquiti, Inc | 268668 |
| 5927 | (a) | Zebra Technologies Corp (Class A) | 1483647 |
|  |  | TOTAL TECHNOLOGY HARDWARE & EQUIPMENT | 1762312577 |
|  |  | TELECOMMUNICATION SERVICES - 0.0% |  |
| 5866 |  | Iridium Communications, Inc | 141547 |
|  |  | TOTAL TELECOMMUNICATION SERVICES | 141547 |
|  |  | TRANSPORTATION - 1.1% |  |
| 6839 | (a),(b) | Amerco, Inc | 419846 |
| 25356 | (a) | American Airlines Group, Inc | 252292 |
| 3857 | (a),(b) | Avis Budget Group, Inc | 357274 |
| 10153 |  | Expeditors International Washington, Inc | 1115916 |
| 133805 | (a) | Lyft, Inc (Class A) | 1659182 |
| 106871 |  | Old Dominion Freight Line | 16381187 |
| 8320 | (a) | Saia, Inc | 2030080 |
| 1119607 | (a) | Uber Technologies, Inc | 90699363 |

---

*See Notes to Financial Statements* 55

------

Large Cap Growth Index

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION |  |  | VALUE |
|  | TRANSPORTATION (continued) |  |  |  |
| 20817 | U-Haul Holding Co |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1140772 |
| 160946 | Union Pacific Corp |  |  | 34709614 |
| 61498 (a) | XPO, Inc |  |  | 6526168 |
|  | TOTAL TRANSPORTATION |  |  | 155291694 |
|  | UTILITIES - 0.2% |  |  |  |
| 26947 | Constellation Energy Corp |  |  | 6021038 |
| 47055 | NRG Energy, Inc |  |  | 5156287 |
| 187649 | Vistra Corp |  |  | 24324940 |
|  | TOTAL UTILITIES |  |  | 35502265 |
|  | TOTAL COMMON STOCKS<br> (Cost $4,962,343,483) |  |  | 14442243329 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION |  |  | VALUE |
|  | INVESTMENT COMPANIES - 0.6% |  |  |  |
| 226786 | iShares Russell 1000 Growth ETF |  |  | 83182837 |
|  | TOTAL INVESTMENT COMPANIES<br> (Cost $75,538,674) |  |  | 83182837 |
|  | TOTAL LONG-TERM INVESTMENTS<br> (Cost $5,037,882,157) |  |  | 14525426166 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | RATE |  | VALUE |
|  | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.1% |  |  |  |
| 19360114 (c) | State Street Navigator Securities Lending Government Money Market Portfolio | 4.360%(d) |  | 19360114 |
|  | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING (Cost $19,360,114) |  |  | 19360114 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | SHORT-TERM INVESTMENTS - 0.1% |  |  |  |
|  | REPURCHASE AGREEMENT - 0.1% |  |  |  |
| $8372000 (e) | Bank of New York Mellon Corp | 4.370 | 05/01/25 | 8372000 |
|  | TOTAL REPURCHASE AGREEMENT |  |  | 8372000 |
|  | TOTAL SHORT-TERM INVESTMENTS<br> (Cost $8,372,000) |  |  | 8372000 |
|  | TOTAL INVESTMENTS - 100.2%<br> (Cost $5,065,614,271) |  |  | 14553158280 |
|  | OTHER ASSETS & LIABILITIES, NET - (0.2)% |  |  | (25094506) |
|  | NET ASSETS - 100.0% |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14528063774 |

---

ETF Exchange Traded Fund

(a) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

(b) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $26,986,739.

(c) Investments made with cash collateral received from securities on loan.

(d) The rate shown is the one-day yield as of the end of the reporting period.

(e) Agreement with Bank of New York Mellon Corp, 4.370% dated 4/30/25 to be repurchased at $8,528,800 on 5/1/25, collateralized by Government Agency Securities, with coupon rate 4.125% and maturity date 11/15/27, valued at $8,539,456.

56 *See Notes to Financial Statements*

------

## Portfolios of Investments April 30, 2025
Large Cap Value Index

(Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | LONG-TERM INVESTMENTS - 100.0% |  |
|  |  | COMMON STOCKS - 99.3% |  |
|  |  | AUTOMOBILES & COMPONENTS - 0.6% |  |
| 99840 | (a) | Aptiv plc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5696870 |
| 88181 |  | BorgWarner, Inc | 2502577 |
| 1646884 |  | Ford Motor Co | 16485309 |
| 417062 |  | General Motors Co | 18867885 |
| 99137 |  | Gentex Corp | 2159204 |
| 49687 |  | Harley-Davidson, Inc | 1113982 |
| 24196 |  | Lear Corp | 2074807 |
| 425015 | (a),(b) | Lucid Group, Inc | 1066788 |
| 195667 | (a),(b) | QuantumScape Corp | 765058 |
| 348750 | (a),(b) | Rivian Automotive, Inc | 4763925 |
| 21797 |  | Thor Industries, Inc | 1578539 |
|  |  | TOTAL AUTOMOBILES & COMPONENTS | 57074944 |
|  |  | BANKS - 7.2% |  |
| 2820516 |  | Bank of America Corp | 112482178 |
| 42319 |  | Bank OZK | 1802789 |
| 9459 |  | BOK Financial Corp | 881295 |
| 801226 |  | Citigroup, Inc | 54787834 |
| 185247 |  | Citizens Financial Group, Inc | 6833762 |
| 85391 |  | Columbia Banking System, Inc | 1914466 |
| 54698 |  | Comerica, Inc | 2940017 |
| 52995 |  | Commerce Bancshares, Inc | 3218916 |
| 25048 |  | Cullen/Frost Bankers, Inc | 2917341 |
| 59130 |  | East West Bancorp, Inc | 5058572 |
| 285287 |  | Fifth Third Bancorp | 10253215 |
| 4794 |  | First Citizens Bancshares, Inc (Class A) | 8529197 |
| 57279 |  | First Hawaiian, Inc | 1309398 |
| 217642 |  | First Horizon National Corp | 3934967 |
| 145212 |  | FNB Corp | 1900825 |
| 598118 |  | Huntington Bancshares, Inc | 8690655 |
| 1190060 |  | JPMorgan Chase & Co | 291112477 |
| 396693 |  | Keycorp | 5886924 |
| 69956 |  | M&T Bank Corp | 11875731 |
| 30893 |  | Pinnacle Financial Partners, Inc | 3096714 |
| 168683 |  | PNC Financial Services Group, Inc | 27105671 |
| 27420 |  | Popular, Inc | 2616416 |
| 40699 |  | Prosperity Bancshares, Inc | 2763462 |
| 378324 |  | Regions Financial Corp | 7721593 |
| 60208 |  | Synovus Financial Corp | 2608211 |
| 25692 |  | TFS Financial Corp | 332968 |
| 567602 |  | Truist Financial Corp | 21761861 |
| 662358 |  | US Bancorp | 26719522 |
| 71949 |  | Webster Financial Corp | 3403188 |
| 1393910 |  | Wells Fargo & Co | 98981549 |
| 45396 |  | Western Alliance Bancorp | 3164555 |
| 28140 |  | Wintrust Financial Corp | 3128324 |
| 60256 |  | Zions Bancorporation | 2709712 |
|  |  | TOTAL BANKS | 742444305 |
|  |  | CAPITAL GOODS - 11.2% |  |
| 188432 |  | 3M Co | 26175089 |
| 49798 |  | A.O. Smith Corp | 3379292 |
| 13252 |  | Acuity Brands, Inc | 3228320 |
| 17123 |  | Advanced Drainage Systems, Inc | 1943289 |
| 55144 |  | Aecom Technology Corp | 5439956 |
| 25839 |  | AGCO Corp | 2191922 |
| 48556 |  | Air Lease Corp | 2270479 |
| 37161 |  | Allegion plc | 5172811 |
| 36786 |  | Allison Transmission Holdings, Inc | 3393141 |
| 97234 |  | Ametek, Inc | 16488942 |

---

See Notes to Financial Statements 57

------

## Portfolios of Investments April 30, 2025 (continued)
Large Cap Value Index

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | CAPITAL GOODS (continued) |  |
| 97474 (a) | API Group Corp | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3687441 |
| 12071 | Armstrong World Industries, Inc | 1750536 |
| 18336 (a) | AZEK Co, Inc | 908732 |
| 264853 (a) | Boeing Co | 48531664 |
| 44302 (a) | Builders FirstSource, Inc | 5299848 |
| 31104 | BWX Technologies, Inc | 3394069 |
| 16027 | Carlisle Cos, Inc | 6081926 |
| 355043 | Carrier Global Corp | 22204389 |
| 175361 | Caterpillar, Inc | 54233896 |
| 374165 | CNH Industrial NV | 4329089 |
| 31238 (a) | Core & Main, Inc | 1645618 |
| 20960 | Crane Co | 3374141 |
| 57996 | Cummins, Inc | 17041545 |
| 16349 | Curtiss-Wright Corp | 5638607 |
| 105516 | Deere & Co | 48912997 |
| 51489 | Donaldson Co, Inc | 3384372 |
| 57044 | Dover Corp | 9734559 |
| 167048 | Eaton Corp plc | 49173920 |
| 11284 | EMCOR Group, Inc | 4521499 |
| 242630 | Emerson Electric Co | 25502839 |
| 23579 | Esab Corp | 2832310 |
| 24099 (a) | Everus Construction Group, Inc | 969744 |
| 38526 | Fastenal Co | 3119450 |
| 78721 | Ferguson Enterprises, Inc | 13355805 |
| 54287 | Flowserve Corp | 2455401 |
| 146777 | Fortive Corp | 10228889 |
| 53454 | Fortune Brands Innovations, Inc | 2876894 |
| 100645 (a) | Gates Industrial Corp plc | 1904203 |
| 115360 | GE Vernova, Inc | 42777795 |
| 12869 (a) | Generac Holdings, Inc | 1471956 |
| 115870 | General Dynamics Corp | 31530544 |
| 357840 | General Electric Co | 72119074 |
| 71809 | Graco, Inc | 5860333 |
| 64477 (a) | Hayward Holdings, Inc | 859478 |
| 33600 | Hexcel Corp | 1628592 |
| 233114 | Honeywell International, Inc | 49070497 |
| 161381 | Howmet Aerospace, Inc | 22364179 |
| 22122 | Hubbell, Inc | 8034268 |
| 16926 | Huntington Ingalls Industries, Inc | 3898735 |
| 32208 | IDEX Corp | 5603226 |
| 78202 | Illinois Tool Works, Inc | 18761442 |
| 167471 | Ingersoll Rand, Inc | 12632338 |
| 35312 | ITT, Inc | 4838450 |
| 280892 | Johnson Controls International plc | 23566839 |
| 79905 | L3Harris Technologies, Inc | 17580698 |
| 17055 | Lincoln Electric Holdings, Inc | 3005091 |
| 3145 (a) | Loar Holdings, Inc | 297454 |
| 60695 | Lockheed Martin Corp | 28997036 |
| 94326 | Masco Corp | 5717099 |
| 26853 (a) | Mastec, Inc | 3418924 |
| 22575 (a) | Middleby Corp | 3010376 |
| 19569 | MSC Industrial Direct Co (Class A) | 1496637 |
| 24320 | Nordson Corp | 4610342 |
| 57343 | Northrop Grumman Corp | 27897370 |
| 70799 | nVent Electric plc | 3887573 |
| 27022 | Oshkosh Corp | 2263363 |
| 169606 | Otis Worldwide Corp | 16327970 |
| 36971 | Owens Corning, Inc | 5375953 |
| 218614 | PACCAR, Inc | 19721169 |
| 53780 | Parker-Hannifin Corp | 32540127 |
| 67440 | Pentair plc | 6118831 |
| 42012 | Quanta Services, Inc | 12296492 |

---

58 *See Notes to Financial Statements*

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | CAPITAL GOODS (continued) |  |
| 11999 (a) | RBC Bearings, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3942511 |
| 28451 | Regal-Beloit Corp | 3011254 |
| 43289 | Rockwell Automation, Inc | 10721820 |
| 563085 | RTX Corp | 71021911 |
| 75181 | Sensata Technologies Holding plc | 1608873 |
| 16456 | Simpson Manufacturing Co, Inc | 2529123 |
| 11582 (a) | SiteOne Landscape Supply, Inc | 1329729 |
| 21430 | Snap-On, Inc | 6724948 |
| 46983 (a) | Spirit Aerosystems Holdings, Inc (Class A) | 1691388 |
| 31307 (a) | Standardaero, Inc | 845915 |
| 65874 | Stanley Black & Decker, Inc | 3953757 |
| 77223 | Textron, Inc | 5434183 |
| 28301 | Timken Co | 1818339 |
| 40737 | Toro Co | 2781522 |
| 63255 | Trane Technologies plc | 24246274 |
| 18435 | TransDigm Group, Inc | 26049945 |
| 20838 | United Rentals, Inc | 13158155 |
| 9031 | Valmont Industries, Inc | 2648070 |
| 2444 | W.W. Grainger, Inc | 2503414 |
| 14247 | Watsco, Inc | 6551340 |
| 17134 | WESCO International, Inc | 2792157 |
| 71763 | Westinghouse Air Brake Technologies Corp | 13257497 |
| 57966 | WillScot Mobile Mini Holdings Corp | 1456106 |
| 25420 | Woodward Inc | 4768029 |
| 100634 | Xylem, Inc | 12133441 |
|  | TOTAL CAPITAL GOODS | 1153337576 |
|  | COMMERCIAL & PROFESSIONAL SERVICES - 1.3% |  |
| 69346 (a) | Amentum Holdings, Inc | 1513130 |
| 12611 | Automatic Data Processing, Inc | 3790867 |
| 4301 | Broadridge Financial Solutions, Inc | 1042562 |
| 9510 (a) | CACI International, Inc (Class A) | 4354344 |
| 56788 (a) | Ceridian HCM Holding, Inc | 3286322 |
| 7542 | Cintas Corp | 1596491 |
| 169339 (a) | Clarivate plc | 729851 |
| 22093 (a) | Clean Harbors, Inc | 4726576 |
| 19409 | Concentrix Corp | 991024 |
| 25428 (a) | Copart, Inc | 1551871 |
| 134984 | Dun & Bradstreet Holdings, Inc | 1210807 |
| 41682 | Equifax, Inc | 10842739 |
| 15072 (a) | FTI Consulting, Inc | 2506172 |
| 75101 | Genpact Ltd | 3774576 |
| 50879 | Jacobs Solutions, Inc | 6298820 |
| 52136 | KBR, Inc | 2753302 |
| 55969 | Leidos Holdings, Inc | 8237517 |
| 21463 | Manpower, Inc | 924411 |
| 15861 | MSA Safety, Inc | 2496839 |
| 19607 (a) | Parsons Corp | 1310924 |
| 86112 | Paychex, Inc | 12668797 |
| 8075 | Paycom Software, Inc | 1828099 |
| 78135 | RB Global, Inc | 7868195 |
| 87668 | Republic Services, Inc | 21982751 |
| 43197 | Robert Half International, Inc | 1913627 |
| 21644 | Science Applications International Corp | 2619573 |
| 87684 | SS&C Technologies Holdings, Inc | 6628910 |
| 89660 | Tetra Tech, Inc | 2796495 |
| 78436 | TransUnion | 6507051 |
| 58228 | Veralto Corp | 5584065 |
| 51370 | Vestis Corp | 450001 |
|  | TOTAL COMMERCIAL & PROFESSIONAL SERVICES | 134786709 |
|  | CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 2.0% |  |
| 28565 (b) | Advance Auto Parts, Inc | 934647 |
| 11047 (a) | Autonation, Inc | 1923835 |

---

*See Notes to Financial Statements* 59

------

Large Cap Value Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL (continued) |  |
| 565 | (a) | Autozone, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2125869 |
| 85166 |  | Bath & Body Works, Inc | 2598415 |
| 86934 |  | Best Buy Co, Inc | 5797628 |
| 62665 | (a) | Carmax, Inc | 4052545 |
| 29622 | (a) | Carvana Co | 7238136 |
| 22173 |  | Dick's Sporting Goods, Inc | 4162759 |
| 1317 | (b) | Dillard's, Inc (Class A) | 456551 |
| 203686 |  | eBay, Inc | 13883238 |
| 17347 | (a) | Etsy, Inc | 754248 |
| 4752 | (a) | Five Below, Inc | 360629 |
| 28571 | (a) | Floor & Decor Holdings, Inc | 2041112 |
| 167225 | (a) | GameStop Corp (Class A) | 4658888 |
| 91199 |  | Gap, Inc | 1997258 |
| 59615 |  | Genuine Parts Co | 7007743 |
| 84908 |  | Home Depot, Inc | 30608485 |
| 39620 |  | Kohl's Corp | 265454 |
| 11349 |  | Lithia Motors, Inc (Class A) | 3322533 |
| 105251 |  | LKQ Corp | 4021641 |
| 239130 |  | Lowe's Cos, Inc | 53459903 |
| 109796 |  | Macy's, Inc | 1253870 |
| 40214 |  | Nordstrom, Inc | 970766 |
| 26126 | (a) | Ollie's Bargain Outlet Holdings, Inc | 2772230 |
| 1959 | (a) | O'Reilly Automotive, Inc | 2772377 |
| 7338 |  | Penske Auto Group, Inc | 1142306 |
| 6019 | (a) | RH | 1107677 |
| 105985 |  | Ross Stores, Inc | 14731915 |
| 195692 |  | TJX Cos, Inc | 25181647 |
| 2748 | (a) | Ulta Beauty, Inc | 1087219 |
| 43903 | (a),(b) | Wayfair, Inc | 1324114 |
| 20455 |  | Williams-Sonoma, Inc | 3159684 |
|  |  | TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL | 207175322 |
|  |  | CONSUMER DURABLES & APPAREL - 1.1% |  |
| 25233 | (a) | Amer Sports, Inc | 611900 |
| 16927 | (a) | BK LC Lux Finco 2 Sarl | 870556 |
| 29187 |  | Brunswick Corp | 1344061 |
| 51513 | (a) | Capri Holdings Ltd | 774755 |
| 10475 |  | Carter's, Inc | 346199 |
| 15726 |  | Columbia Sportswear Co | 977685 |
| 20673 | (a) | Crocs, Inc | 1993291 |
| 119674 |  | DR Horton, Inc | 15119613 |
| 65127 | (a) | Garmin Ltd | 12170282 |
| 7510 |  | Hasbro, Inc | 464869 |
| 56930 |  | Leggett & Platt, Inc | 547667 |
| 96987 |  | Lennar Corp (Class A) | 10533758 |
| 6915 |  | Lennar Corp (Class B) | 714804 |
| 146148 | (a) | Mattel, Inc | 2322292 |
| 22141 | (a) | Mohawk Industries, Inc | 2354695 |
| 175645 |  | Newell Rubbermaid, Inc | 839583 |
| 192174 |  | Nike, Inc (Class B) | 10838614 |
| 1203 | (a) | NVR, Inc | 8572277 |
| 15478 |  | Polaris Industries, Inc | 525633 |
| 83789 |  | Pulte Homes, Inc | 8595076 |
| 21146 |  | PVH Corp | 1458651 |
| 16764 |  | Ralph Lauren Corp | 3771062 |
| 22750 | (a) | SharkNinja Global SPV Ltd | 1831375 |
| 52891 | (a) | Skechers U.S.A., Inc (Class A) | 2539826 |
| 99335 |  | Tapestry, Inc | 7018018 |
| 42140 |  | Toll Brothers, Inc | 4250662 |
| 11544 | (a) | TopBuild Corp | 3414253 |
| 82356 | (a) | Under Armour, Inc (Class A) | 471076 |
| 77183 | (a) | Under Armour, Inc (Class C) | 419875 |
| 149445 |  | VF Corp | 1775407 |

---

60 *See Notes to Financial Statements*

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | CONSUMER DURABLES & APPAREL (continued) |  |
| 22677 | Whirlpool Corp | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1729802 |
| 25627 (a) | YETI Holdings, Inc | 731651 |
|  | TOTAL CONSUMER DURABLES & APPAREL | 109929268 |
|  | CONSUMER SERVICES - 2.2% |  |
| 160063 | ADT, Inc | 1283705 |
| 112105 | Aramark | 3747670 |
| 886 | Booking Holdings, Inc | 4517962 |
| 27847 | Boyd Gaming Corp | 1925342 |
| 20480 (a) | Bright Horizons Family Solutions, Inc | 2568602 |
| 83275 (a) | Caesars Entertainment, Inc | 2253421 |
| 427613 (a) | Carnival Corp | 7842422 |
| 1862 | Choice Hotels International, Inc | 234817 |
| 22655 | Darden Restaurants, Inc | 4545499 |
| 9703 | Domino's Pizza, Inc | 4758060 |
| 18885 (a) | DoorDash, Inc | 3642728 |
| 29067 (a) | Dutch Bros, Inc | 1736463 |
| 8199 (a) | Grand Canyon Education, Inc | 1462456 |
| 47880 | H&R Block, Inc | 2890516 |
| 49627 | Hilton Worldwide Holdings, Inc | 11189896 |
| 13665 | Hyatt Hotels Corp | 1539772 |
| 95658 | Marriott International, Inc (Class A) | 22822086 |
| 12667 | Marriott Vacations Worldwide Corp | 694278 |
| 285636 | McDonald's Corp | 91303547 |
| 95096 (a) | MGM Resorts International | 2991720 |
| 59445 (a) | Penn National Gaming, Inc | 904753 |
| 17047 (a) | Planet Fitness, Inc | 1612476 |
| 65387 | Royal Caribbean Cruises Ltd | 14052320 |
| 61137 | Service Corp International | 4884846 |
| 106030 | Starbucks Corp | 8487701 |
| 29054 | Travel & Leisure Co | 1276342 |
| 2604 | Vail Resorts, Inc | 362477 |
| 37558 | Wendy's Co | 469475 |
| 30696 | Wyndham Hotels & Resorts, Inc | 2618369 |
| 40105 | Wynn Resorts Ltd | 3220833 |
| 73979 | Yum! Brands, Inc | 11129401 |
|  | TOTAL CONSUMER SERVICES | 222969955 |
|  | CONSUMER STAPLES DISTRIBUTION & RETAIL - 2.7% |  |
| 175251 | Albertsons Cos, Inc | 3852017 |
| 56606 (a) | BJ's Wholesale Club Holdings, Inc | 6654601 |
| 13119 | Casey's General Stores, Inc | 6068718 |
| 94066 | Dollar General Corp | 8813044 |
| 83344 (a) | Dollar Tree, Inc | 6815039 |
| 44769 (a) | Grocery Outlet Holding Corp | 751672 |
| 283338 | Kroger Co | 20459837 |
| 67116 (a) | Maplebear, Inc | 2677257 |
| 56131 (a) | Performance Food Group Co | 4527526 |
| 76789 | Sysco Corp | 5482735 |
| 196725 | Target Corp | 19023307 |
| 91726 (a) | US Foods Holding Corp | 6022729 |
| 306878 | Walgreens Boots Alliance, Inc | 3366452 |
| 1838534 | Walmart, Inc | 178797432 |
|  | TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL | 273312366 |
|  | ENERGY - 6.3% |  |
| 87959 | Antero Midstream Corp | 1455721 |
| 122161 (a) | Antero Resources Corp | 4254868 |
| 135382 | APA Corp | 2103836 |
| 428654 | Baker Hughes Co | 15174352 |
| 304600 | Cabot Oil & Gas Corp | 7480976 |
| 46476 | Cheniere Energy, Inc | 10741068 |
| 97663 | Chesapeake Energy Corp | 10147186 |
| 693259 | Chevron Corp | 94324820 |
| 26483 | Chord Energy Corp | 2389561 |

---

*See Notes to Financial Statements* 61

------

Large Cap Value Index

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | ENERGY (continued) |  |
| 34159 | Civitas Resources, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;930833 |
| 547719 | ConocoPhillips | 48812717 |
| 267234 | Devon Energy Corp | 8126586 |
| 80028 | Diamondback Energy, Inc | 10564496 |
| 42492 | DT Midstream, Inc | 4130222 |
| 238504 | EOG Resources, Inc | 26314146 |
| 236453 | EQT Corp | 11690236 |
| 1862652 | Exxon Mobil Corp | 196751931 |
| 377919 | Halliburton Co | 7490355 |
| 42112 | Hess Corp | 5434554 |
| 68548 | HF Sinclair Corp | 2061238 |
| 820362 | Kinder Morgan, Inc | 21575521 |
| 135517 | Marathon Petroleum Corp | 18621391 |
| 46549 | Matador Resources Co | 1840547 |
| 65307 (b) | New Fortress Energy, Inc | 354617 |
| 163566 | NOV, Inc | 1899001 |
| 285866 | Occidental Petroleum Corp | 11265979 |
| 261967 | ONEOK, Inc | 21523209 |
| 107046 | Ovintiv, Inc | 3594605 |
| 212370 | Permian Resources Corp | 2505966 |
| 171805 | Phillips 66 | 17878028 |
| 99707 | Range Resources Corp | 3383059 |
| 589721 | Schlumberger Ltd | 19608223 |
| 183760 | TechnipFMC plc | 5176519 |
| 131651 | Valero Energy Corp | 15283365 |
| 34334 | Viper Energy Partners LP | 1384690 |
| 516643 | Williams Cos, Inc | 30259781 |
|  | TOTAL ENERGY | 646534203 |
|  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 4.3% |  |
| 45764 | Agree Realty Corp | 3551744 |
| 74250 | Alexandria Real Estate Equities, Inc | 5395005 |
| 144708 | American Homes 4 Rent | 5410632 |
| 114408 | Americold Realty Trust, Inc | 2212651 |
| 60397 | AvalonBay Communities, Inc | 12682162 |
| 67310 | Boston Properties, Inc | 4289666 |
| 127090 | Brixmor Property Group, Inc | 3165812 |
| 44349 | Camden Property Trust | 5046916 |
| 68447 | Cousins Properties, Inc | 1885030 |
| 182956 | Crown Castle, Inc | 19349427 |
| 95896 | CubeSmart | 3900090 |
| 140781 | Digital Realty Trust, Inc | 22600982 |
| 21182 | EastGroup Properties, Inc | 3461562 |
| 34239 | EPR Properties | 1694488 |
| 38780 | Equinix, Inc | 33379885 |
| 78980 | Equity Lifestyle Properties, Inc | 5116324 |
| 160773 | Equity Residential | 11295911 |
| 27363 | Essex Property Trust, Inc | 7638381 |
| 87300 | Extra Space Storage, Inc | 12791196 |
| 34410 | Federal Realty Investment Trust | 3235228 |
| 54548 | First Industrial Realty Trust, Inc | 2595394 |
| 111108 | Gaming and Leisure Properties, Inc | 5317629 |
| 150203 | Healthcare Realty Trust, Inc | 2332653 |
| 287601 | Healthpeak Properties, Inc | 5130802 |
| 44565 | Highwoods Properties, Inc | 1267429 |
| 299184 | Host Hotels & Resorts Inc | 4224478 |
| 253874 | Invitation Homes, Inc | 8679952 |
| 53542 | Iron Mountain, Inc | 4801111 |
| 54085 | Kilroy Realty Corp | 1704218 |
| 268274 | Kimco Realty Corp | 5360115 |
| 27929 | Lamar Advertising Co | 3178599 |
| 26722 | Lineage, Inc | 1288802 |
| 244393 | Medical Properties Trust, Inc | 1349049 |

---

62 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) (continued) |  |
| 49737 |  | Mid-America Apartment Communities, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7940512 |
| 52571 |  | Millrose Properties, Inc | 1316378 |
| 79752 |  | National Retail Properties, Inc | 3278605 |
| 29587 |  | National Storage Affiliates Trust | 1100636 |
| 114715 |  | Omega Healthcare Investors, Inc | 4479621 |
| 78286 |  | Park Hotels & Resorts, Inc | 778163 |
| 389329 |  | Prologis, Inc | 39789424 |
| 56947 |  | Public Storage, Inc | 17108587 |
| 71774 |  | Rayonier, Inc | 1755592 |
| 367601 |  | Realty Income Corp | 21269394 |
| 74253 |  | Regency Centers Corp | 5359582 |
| 88515 |  | Rexford Industrial Realty, Inc | 2929846 |
| 45007 |  | SBA Communications Corp | 10954704 |
| 101382 |  | Simon Property Group, Inc | 15955499 |
| 76423 |  | STAG Industrial, Inc | 2524252 |
| 52866 |  | Sun Communities, Inc | 6578116 |
| 136552 |  | UDR, Inc | 5718798 |
| 178197 |  | Ventas, Inc | 12488046 |
| 445128 |  | VICI Properties, Inc | 14252999 |
| 71172 |  | Vornado Realty Trust | 2510948 |
| 260889 |  | Welltower, Inc | 39809053 |
| 312477 |  | Weyerhaeuser Co | 8096279 |
| 92873 |  | WP Carey, Inc | 5798990 |
|  |  | TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) | 447127347 |
|  |  | FINANCIAL SERVICES - 11.7% |  |
| 11911 |  | Affiliated Managers Group, Inc | 1972819 |
| 109300 | (a) | Affirm Holdings, Inc | 5438768 |
| 364620 |  | AGNC Investment Corp | 3219594 |
| 101639 |  | Ally Financial, Inc | 3319530 |
| 146677 |  | American Express Co | 39076219 |
| 3780 |  | Ameriprise Financial, Inc | 1780456 |
| 238399 |  | Annaly Capital Management, Inc | 4672620 |
| 54368 |  | Apollo Global Management, Inc | 7420145 |
| 306978 |  | Bank of New York Mellon Corp | 24684101 |
| 775340 | (a) | Berkshire Hathaway, Inc | 413450055 |
| 62500 |  | BlackRock, Inc | 57141250 |
| 137277 | (a) | Block, Inc | 8026586 |
| 160634 |  | Capital One Financial Corp | 28955885 |
| 91412 |  | Carlyle Group, Inc | 3532160 |
| 44877 |  | Cboe Global Markets, Inc | 9953719 |
| 631443 |  | Charles Schwab Corp | 51399460 |
| 152163 |  | CME Group, Inc | 42161324 |
| 13790 | (a) | Coinbase Global, Inc | 2797853 |
| 124847 |  | Corebridge Financial, Inc | 3699217 |
| 565 | (a),(b) | Credit Acceptance Corp | 275392 |
| 105482 |  | Discover Financial Services | 19268397 |
| 18519 | (a) | Euronet Worldwide, Inc | 1835233 |
| 15151 |  | Evercore Partners, Inc (Class A) | 3110349 |
| 10558 |  | Factset Research Systems, Inc | 4563379 |
| 227986 |  | Fidelity National Information Services, Inc | 17983536 |
| 163118 | (a) | Fiserv, Inc | 30106689 |
| 122131 |  | Franklin Resources, Inc | 2291177 |
| 105851 |  | Global Payments, Inc | 8077490 |
| 93369 |  | Goldman Sachs Group, Inc | 51124196 |
| 19420 |  | Houlihan Lokey, Inc | 3147594 |
| 44520 |  | Interactive Brokers Group, Inc (Class A) | 7650762 |
| 240537 |  | Intercontinental Exchange, Inc | 40403000 |
| 141087 |  | Invesco Ltd | 1965342 |
| 29288 |  | Jack Henry & Associates, Inc | 5079418 |
| 54213 |  | Janus Henderson Group plc | 1800414 |
| 55428 |  | Jefferies Financial Group, Inc | 2590150 |
| 200918 |  | KKR & Co, Inc | 22958900 |

---

*See Notes to Financial Statements* 63

------

Large Cap Value Index

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | FINANCIAL SERVICES (continued) |  |
| 3003 | Lazard, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116817 |
| 15739 | MarketAxess Holdings, Inc | 3487605 |
| 101700 | MGIC Investment Corp | 2533347 |
| 456978 | Morgan Stanley | 52744401 |
| 13330 | MSCI, Inc (Class A) | 7266316 |
| 176680 | Nasdaq Stock Market, Inc | 13464783 |
| 80135 | Northern Trust Corp | 7531087 |
| 44836 | OneMain Holdings, Inc | 2110430 |
| 427282 (a) | PayPal Holdings, Inc | 28132247 |
| 85460 | Raymond James Financial, Inc | 11711438 |
| 224156 | Rithm Capital Corp | 2506064 |
| 282640 (a) | Robinhood Markets, Inc | 13880450 |
| 59833 (b) | Rocket Cos, Inc | 772444 |
| 132508 | S&P Global, Inc | 66260625 |
| 43228 | SEI Investments Co | 3384320 |
| 92789 | SLM Corp | 2682530 |
| 371835 (a) | SoFi Technologies, Inc | 4651656 |
| 136362 | Starwood Property Trust, Inc | 2616787 |
| 124531 | State Street Corp | 10971181 |
| 41536 | Stifel Financial Corp | 3559220 |
| 165388 | Synchrony Financial | 8591907 |
| 91516 | T Rowe Price Group, Inc | 8103742 |
| 25011 | TPG, Inc | 1161761 |
| 30101 | Tradeweb Markets, Inc | 4162968 |
| 3810 | UWM Holdings Corp | 17907 |
| 37975 | Virtu Financial, Inc | 1486721 |
| 40101 | Voya Financial, Inc | 2373979 |
| 119404 | Western Union Co | 1183294 |
| 14439 (a) | WEX, Inc | 1882412 |
| 157208 | XP, Inc | 2531049 |
|  | TOTAL FINANCIAL SERVICES | 1208812667 |
|  | FOOD, BEVERAGE & TOBACCO - 4.0% |  |
| 717692 | Altria Group, Inc | 42451482 |
| 200270 | Archer-Daniels-Midland Co | 9562893 |
| 3106 (a) | Boston Beer Co, Inc (Class A) | 763455 |
| 20866 | Brown-Forman Corp (Class A) | 722172 |
| 73847 | Brown-Forman Corp (Class B) | 2572830 |
| 55845 | Bunge Global S.A. | 4396118 |
| 81726 | Campbell Soup Co | 2979730 |
| 702213 | Coca-Cola Co | 50945553 |
| 2723 | Coca-Cola Consolidated Inc | 3691871 |
| 204256 | ConAgra Brands, Inc | 5047166 |
| 65941 | Constellation Brands, Inc (Class A) | 12366575 |
| 64472 (a) | Darling International, Inc | 2075354 |
| 73543 | Flowers Foods, Inc | 1293621 |
| 13586 (a) | Freshpet, Inc | 999115 |
| 235233 | General Mills, Inc | 13347120 |
| 52468 | Hershey Co | 8772125 |
| 124767 | Hormel Foods Corp | 3730533 |
| 28002 | Ingredion, Inc | 3719226 |
| 44232 | J.M. Smucker Co | 5142855 |
| 111537 | Kellogg Co | 9231918 |
| 503925 | Keurig Dr Pepper, Inc | 17430766 |
| 377621 | Kraft Heinz Co | 10988771 |
| 41874 | Lamb Weston Holdings, Inc | 2211366 |
| 107658 | McCormick & Co, Inc | 8253062 |
| 69959 | Molson Coors Brewing Co (Class B) | 4024741 |
| 566624 | Mondelez International, Inc | 38604093 |
| 59048 (a) | Monster Beverage Corp | 3549966 |
| 121966 | PepsiCo, Inc | 16536150 |
| 658429 | Philip Morris International, Inc | 112828393 |
| 17640 | Pilgrim's Pride Corp | 962791 |

---

64 *See Notes to Financial Statements*

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | FOOD, BEVERAGE & TOBACCO (continued) |  |
| 20620 (a) | Post Holdings, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2333565 |
| 35 | Seaboard Corp | 90509 |
| 10802 | Smithfield Foods, Inc | 239912 |
| 120296 | Tyson Foods, Inc (Class A) | 7366927 |
|  | TOTAL FOOD, BEVERAGE & TOBACCO | 409232724 |
|  | HEALTH CARE EQUIPMENT & SERVICES - 7.2% |  |
| 732562 | Abbott Laboratories | 95782482 |
| 40432 (a) | Acadia Healthcare Co, Inc | 946109 |
| 13298 (a) | Align Technology, Inc | 2304543 |
| 15803 (a) | Amedisys, Inc | 1499705 |
| 218282 | Baxter International, Inc | 6803850 |
| 122980 | Becton Dickinson & Co | 25467928 |
| 621832 (a) | Boston Scientific Corp | 63967858 |
| 42047 | Cardinal Health, Inc | 5940821 |
| 215210 (a) | Centene Corp | 12880319 |
| 58685 (a) | Certara, Inc | 813374 |
| 5753 | Chemed Corp | 3345427 |
| 103675 | Cigna Group | 35253647 |
| 80251 (a) | Cooper Cos, Inc | 6554099 |
| 535339 | CVS Health Corp | 35712465 |
| 97965 | Dentsply Sirona, Inc | 1361714 |
| 47434 (a) | Doximity, Inc | 2698046 |
| 198741 (a) | Edwards Lifesciences Corp | 15002958 |
| 82857 | Elevance Health, Inc | 34847997 |
| 42674 | Encompass Health Corp | 4992431 |
| 24845 (a) | Enovis Corp | 859389 |
| 75857 (a) | Envista Holdings Corp | 1219781 |
| 173174 | GE HealthCare Technologies, Inc | 12179327 |
| 47985 (a) | Globus Medical, Inc | 3443883 |
| 58305 | HCA, Inc | 20119889 |
| 54753 (a) | Henry Schein, Inc | 3557302 |
| 94520 (a) | Hologic, Inc | 5501064 |
| 51267 | Humana, Inc | 13444258 |
| 34710 | Labcorp Holdings, Inc | 8365457 |
| 8812 (a) | Masimo Corp | 1418380 |
| 30794 | McKesson Corp | 21949655 |
| 543206 | Medtronic plc | 46042141 |
| 8339 (a) | Molina Healthcare, Inc | 2726936 |
| 40542 | Premier, Inc | 825030 |
| 45730 | Quest Diagnostics, Inc | 8150001 |
| 23974 (a) | QuidelOrtho Corp | 666237 |
| 43929 | Resmed, Inc | 10393162 |
| 58107 (a) | Solventum Corp | 3842035 |
| 42037 | STERIS plc | 9447395 |
| 107703 | Stryker Corp | 40272306 |
| 20186 | Teleflex, Inc | 2766491 |
| 39100 (a) | Tenet Healthcare Corp | 5589345 |
| 363055 | UnitedHealth Group, Inc | 149375349 |
| 24807 | Universal Health Services, Inc (Class B) | 4392575 |
| 84379 | Zimmer Biomet Holdings, Inc | 8695256 |
|  | TOTAL HEALTH CARE EQUIPMENT & SERVICES | 741418417 |
|  | HOUSEHOLD & PERSONAL PRODUCTS - 1.9% |  |
| 55851 (a) | BellRing Brands, Inc | 4308346 |
| 104512 | Church & Dwight Co, Inc | 10382222 |
| 156947 | Colgate-Palmolive Co | 14468944 |
| 173464 (a) | Coty, Inc | 875993 |
| 63153 | Estee Lauder Cos (Class A) | 3786654 |
| 805664 | Kenvue, Inc | 19013670 |
| 82356 | Kimberly-Clark Corp | 10852874 |
| 776703 | Procter & Gamble Co | 126268607 |
| 16160 | Reynolds Consumer Products, Inc | 371680 |

---

*See Notes to Financial Statements* 65

------

Large Cap Value Index

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | HOUSEHOLD & PERSONAL PRODUCTS (continued) |  |
| 10684 | Spectrum Brands Holdings, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;674160 |
|  | TOTAL HOUSEHOLD & PERSONAL PRODUCTS | 191003150 |
|  | INSURANCE - 4.3% |  |
| 234373 | Aflac, Inc | 25471658 |
| 93384 | Allstate Corp | 18526452 |
| 30827 | American Financial Group, Inc | 3904548 |
| 263015 | American International Group, Inc | 21440983 |
| 83516 | Aon plc | 29630642 |
| 153475 | Arch Capital Group Ltd | 13917113 |
| 20767 | Assurant, Inc | 4002632 |
| 21460 | Assured Guaranty Ltd | 1882686 |
| 32073 | Axis Capital Holdings Ltd | 3089271 |
| 25806 (a) | Brighthouse Financial, Inc | 1502425 |
| 57472 | Brown & Brown, Inc | 6356403 |
| 171170 | Chubb Ltd | 48968314 |
| 65625 | Cincinnati Financial Corp | 9135656 |
| 13279 | CNA Financial Corp | 639517 |
| 15353 | Everest Re Group Ltd | 5509117 |
| 111080 | Fidelity National Financial, Inc | 7114674 |
| 41210 | First American Financial Corp | 2505980 |
| 96195 | Gallagher (Arthur J.) & Co | 30848775 |
| 34367 | Globe Life, Inc | 4238826 |
| 15999 | Hanover Insurance Group, Inc | 2657434 |
| 123995 | Hartford Financial Services Group, Inc | 15210467 |
| 26911 | Kemper Corp | 1590978 |
| 78725 | Lincoln National Corp | 2508966 |
| 77381 | Loews Corp | 6718992 |
| 4032 (a) | Markel Corp | 7332595 |
| 179992 | Marsh & McLennan Cos, Inc | 40582796 |
| 245960 | Metlife, Inc | 18538005 |
| 98681 | Old Republic International Corp | 3710406 |
| 13700 | Primerica, Inc | 3590359 |
| 96002 | Principal Financial Group | 7118548 |
| 39133 | Progressive Corp | 11025331 |
| 151150 | Prudential Financial, Inc | 15524616 |
| 28065 | Reinsurance Group of America, Inc (Class A) | 5256855 |
| 21024 | RenaissanceRe Holdings Ltd | 5086336 |
| 31236 | RLI Corp | 2311776 |
| 95322 | Travelers Cos, Inc | 25177400 |
| 75831 | Unum Group | 5889035 |
| 122937 | W.R. Berkley Corp | 8813354 |
| 960 | White Mountains Insurance Group Ltd | 1696752 |
| 42815 | Willis Towers Watson plc | 13178457 |
|  | TOTAL INSURANCE | 442205130 |
|  | MATERIALS - 4.2% |  |
| 94347 | Air Products & Chemicals, Inc | 25576528 |
| 50259 | Albemarle Corp | 2942664 |
| 98171 | Alcoa Corp | 2408135 |
| 51954 (a) | Allegheny Technologies, Inc | 2825259 |
| 976396 | Amcor plc | 8982843 |
| 28430 | Aptargroup, Inc | 4263079 |
| 23104 | Ashland, Inc | 1256627 |
| 21394 | Avery Dennison Corp | 3660727 |
| 91513 (a) | Axalta Coating Systems Ltd | 2974173 |
| 125548 | Ball Corp | 6520963 |
| 34807 | Celanese Corp (Series A) | 1549260 |
| 72979 | CF Industries Holdings, Inc | 5719364 |
| 67417 | Chemours Co | 834622 |
| 172404 (a) | Cleveland-Cliffs, Inc | 1420609 |
| 289041 | Corteva, Inc | 17917652 |
| 291219 | CRH plc | 27788117 |
| 48970 | Crown Holdings, Inc | 4717280 |

---

66 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | MATERIALS (continued) |  |
| 301719 |  | Dow, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9229584 |
| 174795 |  | DuPont de Nemours, Inc | 11534722 |
| 3772 |  | Eagle Materials, Inc | 853943 |
| 50124 |  | Eastman Chemical Co | 3859548 |
| 14017 |  | Ecolab, Inc | 3524294 |
| 95916 |  | Element Solutions, Inc | 1957646 |
| 53230 |  | FMC Corp | 2231402 |
| 606815 |  | Freeport-McMoRan, Inc (Class B) | 21863544 |
| 118928 |  | Graphic Packaging Holding Co | 3010068 |
| 78504 |  | Huntsman Corp | 1044888 |
| 105470 |  | International Flavors & Fragrances, Inc | 8275176 |
| 222633 |  | International Paper Co | 10169875 |
| 203474 | (a) | Linde plc | 92220521 |
| 9077 |  | Louisiana-Pacific Corp | 783436 |
| 111591 |  | LyondellBasell Industries NV | 6495712 |
| 24131 |  | Martin Marietta Materials, Inc | 12644161 |
| 137123 |  | Mosaic Co | 4168539 |
| 51360 | (a),(b) | MP Materials Corp | 1256266 |
| 2868 |  | NewMarket Corp | 1764680 |
| 482594 |  | Newmont Goldcorp Corp | 25423052 |
| 97436 |  | Nucor Corp | 11630935 |
| 47468 |  | Olin Corp | 1026258 |
| 38089 |  | Packaging Corp of America | 7069699 |
| 99426 |  | PPG Industries, Inc | 10823514 |
| 22796 |  | Reliance Steel & Aluminum Co | 6570491 |
| 27482 |  | Royal Gold, Inc | 5021236 |
| 42169 |  | RPM International, Inc | 4501541 |
| 18203 |  | Scotts Miracle-Gro Co (Class A) | 917067 |
| 58982 |  | Sealed Air Corp | 1625544 |
| 8950 |  | Sherwin-Williams Co | 3158634 |
| 31630 |  | Silgan Holdings, Inc | 1633690 |
| 217992 |  | Smurfit WestRock plc | 9160024 |
| 38660 |  | Sonoco Products Co | 1585060 |
| 61105 |  | Steel Dynamics, Inc | 7925930 |
| 94288 |  | United States Steel Corp | 4121329 |
| 41021 |  | Vulcan Materials Co | 10761039 |
| 12839 |  | Westlake Chemical Corp | 1186709 |
|  |  | TOTAL MATERIALS | 432387659 |
|  |  | MEDIA & ENTERTAINMENT - 2.3% |  |
| 16350 | (a) | Angi, Inc | 187371 |
| 39546 | (a) | Charter Communications, Inc | 15496496 |
| 1587604 |  | Comcast Corp (Class A) | 54296057 |
| 112238 |  | Electronic Arts, Inc | 16284611 |
| 94070 |  | Fox Corp (Class A) | 4683745 |
| 54213 |  | Fox Corp (Class B) | 2506809 |
| 31137 | (a) | IAC, Inc | 1087927 |
| 161475 |  | Interpublic Group of Cos, Inc | 4056252 |
| 35709 | (a) | Liberty Broadband Corp | 3227736 |
| 4845 | (a) | Liberty Broadband Corp (Class A) | 431447 |
| 6403 | (a) | Liberty Media Corp-Liberty Formula One (Class A) | 515762 |
| 58184 | (a) | Liberty Media Corp-Liberty Formula One (Class C) | 5159175 |
| 8510 | (a) | Liberty Media Corp-Liberty Live (Class A) | 595530 |
| 20174 | (a) | Liberty Media Corp-Liberty Live (Class C) | 1442643 |
| 7004 | (a) | Madison Square Garden Sports Corp | 1348760 |
| 103170 |  | Match Group, Inc | 3060022 |
| 68688 |  | New York Times Co (Class A) | 3575897 |
| 163107 |  | News Corp (Class A) | 4423462 |
| 46203 |  | News Corp (Class B) | 1451698 |
| 7802 |  | Nexstar Media Group, Inc | 1167647 |
| 79080 |  | Omnicom Group, Inc | 6022733 |
| 5322 |  | Paramount Global (Class A) | 120596 |
| 237119 | (b) | Paramount Global (Class B) | 2783777 |

---

*See Notes to Financial Statements* 67

------

Large Cap Value Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | MEDIA & ENTERTAINMENT (continued) |  |
| 30151 |  | Playtika Holding Corp | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;158896 |
| 45462 | (a) | Roku, Inc | 3099599 |
| 91116 |  | Sirius XM Holdings, Inc | 1951705 |
| 72951 | (a) | Take-Two Interactive Software, Inc | 17020927 |
| 29183 |  | TKO Group Holdings, Inc | 4754203 |
| 50439 | (a) | TripAdvisor, Inc | 627966 |
| 18534 | (a) | Trump Media & Technology Group Corp | 454824 |
| 769044 |  | Walt Disney Co | 69944552 |
| 1028365 | (a) | Warner Bros Discovery, Inc | 8915925 |
| 132541 | (a) | ZoomInfo Technologies, Inc | 1134551 |
|  |  | TOTAL MEDIA & ENTERTAINMENT | 241989301 |
|  |  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 7.0% |  |
| 14721 | (a) | 10X Genomics, Inc | 121743 |
| 426256 |  | AbbVie, Inc | 83162546 |
| 120698 |  | Agilent Technologies, Inc | 12987105 |
| 6063 | (a) | Alnylam Pharmaceuticals, Inc | 1596024 |
| 50831 |  | Amgen, Inc | 14787755 |
| 290720 | (a) | Avantor, Inc | 3776453 |
| 62058 | (a) | Biogen, Inc | 7513983 |
| 80607 | (a) | BioMarin Pharmaceutical, Inc | 5133860 |
| 8274 | (a) | Bio-Rad Laboratories, Inc (Class A) | 2019518 |
| 66575 |  | Bio-Techne Corp | 3352051 |
| 858803 |  | Bristol-Myers Squibb Co | 43111911 |
| 19333 | (a) | Brooks Automation, Inc | 509231 |
| 16447 |  | Bruker BioSciences Corp | 658867 |
| 21892 | (a) | Charles River Laboratories International, Inc | 2596829 |
| 273330 |  | Danaher Corp | 54482869 |
| 210477 | (a) | Elanco Animal Health, Inc | 1995322 |
| 47245 | (a) | Exact Sciences Corp | 2156262 |
| 20367 | (a) | Exelixis, Inc | 797368 |
| 26531 | (a) | Fortrea Holdings, Inc | 165288 |
| 528492 |  | Gilead Sciences, Inc | 56305538 |
| 14568 | (a),(b) | GRAIL, Inc | 502523 |
| 64380 | (a) | Illumina, Inc | 4995888 |
| 60509 | (a) | Incyte Corp | 3791494 |
| 9564 | (a) | Ionis Pharmaceuticals, Inc | 293710 |
| 67884 | (a) | IQVIA Holdings, Inc | 10526772 |
| 23473 | (a) | Jazz Pharmaceuticals plc | 2745402 |
| 1021852 |  | Johnson & Johnson | 159725686 |
| 8670 | (a) | Mettler-Toledo International, Inc | 9281842 |
| 134523 | (a) | Moderna, Inc | 3839286 |
| 102173 |  | Organon & Co | 1321097 |
| 49606 |  | PerkinElmer, Inc | 4634689 |
| 62527 |  | Perrigo Co plc | 1608194 |
| 2400643 |  | Pfizer, Inc | 58599696 |
| 92050 |  | QIAGEN NV | 3935137 |
| 40163 |  | Regeneron Pharmaceuticals, Inc | 24047998 |
| 20463 | (a) | Repligen Corp | 2823689 |
| 184455 | (a) | Roivant Sciences Ltd | 2143367 |
| 168539 |  | Royalty Pharma plc | 5531450 |
| 49491 | (a) | Sotera Health Co | 569146 |
| 161715 |  | Thermo Fisher Scientific, Inc | 69375735 |
| 18692 | (a) | United Therapeutics Corp | 5665358 |
| 54939 | (a) | Vertex Pharmaceuticals, Inc | 27991420 |
| 515416 |  | Viatris, Inc | 4339803 |
| 9853 | (a) | Waters Corp | 3426184 |
| 12229 |  | West Pharmaceutical Services, Inc | 2583865 |
| 32446 |  | Zoetis, Inc | 5074554 |
|  |  | TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES | 716604508 |
|  |  | REAL ESTATE MANAGEMENT & DEVELOPMENT - 0.4% |  |
| 128984 | (a) | CBRE Group, Inc | 15759265 |
| 173992 | (a) | CoStar Group, Inc | 12904987 |

---

68 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | REAL ESTATE MANAGEMENT & DEVELOPMENT (continued) |  |
| 10441 | (a) | Howard Hughes Holdings, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;694640 |
| 13974 | (a) | Jones Lang LaSalle, Inc | 3177827 |
| 1160 | (a) | Seaport Entertainment Group, Inc | 22214 |
| 22722 | (a) | Zillow Group, Inc (Class A) | 1499197 |
| 65918 | (a) | Zillow Group, Inc (Class C) | 4438259 |
|  |  | TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT | 38496389 |
|  |  | SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.6% |  |
| 232161 | (a) | Advanced Micro Devices, Inc | 22600873 |
| 53254 | (a) | Allegro MicroSystems, Inc | 1015554 |
| 48317 |  | Amkor Technology, Inc | 843132 |
| 208709 |  | Analog Devices, Inc | 40681558 |
| 28587 |  | Applied Materials, Inc | 4308347 |
| 44186 | (a) | Astera Labs, Inc | 2885788 |
| 22259 | (a) | Cirrus Logic, Inc | 2137754 |
| 45396 | (a) | First Solar, Inc | 5711725 |
| 43237 | (a),(b) | GLOBALFOUNDRIES, Inc | 1516322 |
| 1837933 |  | Intel Corp | 36942453 |
| 7820 | (a) | Lattice Semiconductor Corp | 382633 |
| 26794 | (a) | MACOM Technology Solutions Holdings, Inc | 2779877 |
| 334275 |  | Marvell Technology, Inc | 19511632 |
| 220167 |  | Microchip Technology, Inc | 10145295 |
| 467816 |  | Micron Technology, Inc | 35998441 |
| 26826 |  | MKS Instruments, Inc | 1881576 |
| 178118 | (a) | ON Semiconductor Corp | 7071285 |
| 15595 | (a) | Onto Innovation, Inc | 1902122 |
| 40638 | (a) | Qorvo, Inc | 2912525 |
| 29608 |  | QUALCOMM, Inc | 4395604 |
| 68150 |  | Skyworks Solutions, Inc | 4380682 |
| 5839 |  | Teradyne, Inc | 433312 |
| 338789 |  | Texas Instruments, Inc | 54223179 |
| 9916 |  | Universal Display Corp | 1245747 |
| 125949 | (a),(b) | Wolfspeed, Inc | 447119 |
|  |  | TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT | 266354535 |
|  |  | SOFTWARE & SERVICES - 3.5% |  |
| 265735 |  | Accenture plc | 79494625 |
| 60613 | (a) | Akamai Technologies, Inc | 4884196 |
| 45359 |  | Amdocs Ltd | 4017900 |
| 36417 | (a) | Ansys, Inc | 11721904 |
| 32965 | (a) | BILL Holdings, Inc | 1502215 |
| 192252 | (a) | CCC Intelligent Solutions Holdings, Inc | 1780254 |
| 211635 |  | Cognizant Technology Solutions Corp (Class A) | 15569987 |
| 27215 |  | Dolby Laboratories, Inc (Class A) | 2089840 |
| 27079 | (a) | DoubleVerify Holdings, Inc | 359068 |
| 62497 | (a) | Dropbox, Inc | 1784289 |
| 76594 | (a) | DXC Technology Co | 1188739 |
| 21037 | (a) | EPAM Systems, Inc | 3300916 |
| 1586 | (a) | Fair Isaac Corp | 3155632 |
| 49737 | (a) | Fortinet, Inc | 5160711 |
| 229030 |  | Gen Digital, Inc | 5925006 |
| 4470 | (a) | Globant S.A. | 525538 |
| 19333 | (a) | Guidewire Software, Inc | 3958818 |
| 31175 | (a) | Informatica, Inc | 587025 |
| 388543 |  | International Business Machines Corp | 93957468 |
| 95123 | (a) | Kyndryl Holdings, Inc | 3083888 |
| 91962 | (a),(b) | MicroStrategy, Inc (Class A) | 34955676 |
| 13476 | (a) | nCino OpCo, Inc | 312643 |
| 74528 | (a) | Nutanix, Inc | 5120074 |
| 39184 | (a) | Okta, Inc | 4394877 |
| 19943 | (a) | PTC, Inc | 3090567 |
| 45365 |  | Roper Industries, Inc | 25408029 |
| 59381 |  | Salesforce, Inc | 15956268 |
| 99976 | (a) | SentinelOne, Inc | 1849556 |

---

*See Notes to Financial Statements* 69

------

Large Cap Value Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | SOFTWARE & SERVICES (continued) |  |
| 52184 | (a) | Twilio, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5046715 |
| 2726 | (a) | Tyler Technologies, Inc | 1481036 |
| 15106 | (a) | UiPath, Inc | 180366 |
| 74241 | (a) | Unity Software, Inc | 1564258 |
| 33106 | (a) | VeriSign, Inc | 9339865 |
| 110449 | (a) | Zoom Video Communications, Inc | 8564215 |
|  |  | TOTAL SOFTWARE & SERVICES | 361312164 |
|  |  | TECHNOLOGY HARDWARE & EQUIPMENT - 2.5% |  |
| 206411 |  | Amphenol Corp (Class A) | 15883326 |
| 22040 | (a) | Arrow Electronics, Inc | 2454374 |
| 36057 |  | Avnet, Inc | 1694318 |
| 28623 |  | CDW Corp | 4595709 |
| 62079 | (a) | Ciena Corp | 4169226 |
| 1690459 |  | Cisco Systems, Inc | 97590198 |
| 69691 |  | Cognex Corp | 1902564 |
| 56973 | (a) | Coherent Corp | 3664503 |
| 322083 |  | Corning, Inc | 14294044 |
| 21764 |  | Crane NXT Co | 1021167 |
| 96531 |  | Dell Technologies, Inc | 8857685 |
| 23865 | (a) | F5 Networks, Inc | 6318020 |
| 560775 |  | Hewlett Packard Enterprise Co | 9095771 |
| 291544 |  | HP, Inc | 7454780 |
| 5656 | (b) | Ingram Micro Holding Corp | 100564 |
| 12912 | (a) | IPG Photonics Corp | 773300 |
| 41295 |  | Jabil Inc | 6052195 |
| 137332 |  | Juniper Networks, Inc | 4987898 |
| 72854 | (a) | Keysight Technologies, Inc | 10592972 |
| 9838 |  | Littelfuse, Inc | 1793566 |
| 29430 | (a) | Lumentum Holdings, Inc | 1737547 |
| 36330 |  | Motorola Solutions, Inc | 15999369 |
| 45269 |  | NetApp, Inc | 4062893 |
| 15909 | (a) | Pure Storage, Inc | 721632 |
| 48989 | (a) | SanDisk Corp | 1573037 |
| 31236 |  | TD SYNNEX Corp | 3460949 |
| 19404 | (a) | Teledyne Technologies, Inc | 9042846 |
| 104216 | (a) | Trimble Inc | 6475982 |
| 1001 |  | Ubiquiti, Inc | 326776 |
| 66186 |  | Vontier Corp | 2105377 |
| 146968 | (a) | Western Digital Corp | 6446016 |
| 17231 | (a) | Zebra Technologies Corp (Class A) | 4313264 |
|  |  | TOTAL TECHNOLOGY HARDWARE & EQUIPMENT | 259561868 |
|  |  | TELECOMMUNICATION SERVICES - 2.1% |  |
| 3040044 |  | AT&T, Inc | 84209219 |
| 109874 | (a) | Frontier Communications Parent, Inc | 3982933 |
| 43240 | (a),(c) | GCI Liberty, Inc | 432 |
| 46682 |  | Iridium Communications, Inc | 1126437 |
| 71090 | (a) | Liberty Global Ltd | 778435 |
| 73738 | (a) | Liberty Global Ltd | 836189 |
| 199497 |  | T-Mobile US, Inc | 49265784 |
| 1784495 |  | Verizon Communications, Inc | 78624850 |
|  |  | TOTAL TELECOMMUNICATION SERVICES | 218824279 |
|  |  | TRANSPORTATION - 1.8% |  |
| 50075 | (a) | Alaska Air Group, Inc | 2216820 |
| 3876 | (a),(b) | Amerco, Inc | 237948 |
| 259541 | (a) | American Airlines Group, Inc | 2582433 |
| 5980 | (a),(b) | Avis Budget Group, Inc | 553927 |
| 49132 |  | CH Robinson Worldwide, Inc | 4383557 |
| 806851 |  | CSX Corp | 22648308 |
| 272848 |  | Delta Air Lines, Inc | 11358662 |
| 50723 |  | Expeditors International Washington, Inc | 5574965 |
| 93625 |  | FedEx Corp | 19692146 |
| 47442 | (a) | GXO Logistics, Inc | 1719298 |

---

70 *See Notes to Financial Statements*

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | TRANSPORTATION (continued) |  |
| 33661 | JB Hunt Transport Services, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4395453 |
| 24931 (a) | Kirby Corp | 2402601 |
| 66267 | Knight-Swift Transportation Holdings, Inc | 2595678 |
| 15244 | Landstar System, Inc | 2044983 |
| 48120 (a) | Lyft, Inc (Class A) | 596688 |
| 94818 | Norfolk Southern Corp | 21243973 |
| 17933 | Ryder System, Inc | 2468836 |
| 4722 (a) | Saia, Inc | 1152168 |
| 21540 | Schneider National, Inc | 462895 |
| 254776 | Southwest Airlines Co | 7123537 |
| 23814 | U-Haul Holding Co | 1305007 |
| 134930 | Union Pacific Corp | 29099004 |
| 138482 (a) | United Airlines Holdings, Inc | 9530331 |
| 310058 | United Parcel Service, Inc (Class B) | 29548527 |
|  | TOTAL TRANSPORTATION | 184937745 |
|  | UTILITIES - 4.9% |  |
| 303952 | AES Corp | 3039520 |
| 109345 | Alliant Energy Corp | 6674419 |
| 110911 | Ameren Corp | 11006808 |
| 227445 | American Electric Power Co, Inc | 24641391 |
| 81273 | American Water Works Co, Inc | 11947944 |
| 65824 | Atmos Energy Corp | 10573309 |
| 60255 (b) | Brookfield Renewable Corp | 1714857 |
| 271542 | Centerpoint Energy, Inc | 10530399 |
| 14977 | Clearway Energy, Inc (Class A) | 409621 |
| 35390 | Clearway Energy, Inc (Class C) | 1038343 |
| 126886 | CMS Energy Corp | 9345154 |
| 148145 | Consolidated Edison, Inc | 16703349 |
| 112291 | Constellation Energy Corp | 25090301 |
| 352969 | Dominion Energy, Inc | 19194454 |
| 88124 | DTE Energy Co | 12072988 |
| 327267 | Duke Energy Corp | 39933119 |
| 161800 | Edison International | 8657918 |
| 178859 | Entergy Corp | 14875703 |
| 108037 | Essential Utilities, Inc | 4443562 |
| 94728 | Evergy, Inc | 6545705 |
| 150553 | Eversource Energy | 8954892 |
| 426885 | Exelon Corp | 20020906 |
| 238815 | FirstEnergy Corp | 10240387 |
| 22598 | Idacorp, Inc | 2668598 |
| 87047 | MDU Resources Group, Inc | 1491986 |
| 39294 | National Fuel Gas Co | 3016993 |
| 870678 | NextEra Energy, Inc | 58230945 |
| 194261 | NiSource, Inc | 7597548 |
| 50595 | NRG Energy, Inc | 5544200 |
| 84316 | OGE Energy Corp | 3826260 |
| 926143 | PG&E Corp | 15299882 |
| 48400 | Pinnacle West Capital Corp | 4606712 |
| 316173 | PPL Corp | 11540314 |
| 210451 | Public Service Enterprise Group, Inc | 16821348 |
| 268797 | Sempra Energy | 19963553 |
| 463048 | Southern Co | 42549481 |
| 91673 | UGI Corp | 3005958 |
| 135291 | WEC Energy Group, Inc | 14817070 |
| 244524 | Xcel Energy, Inc | 17287847 |
|  | TOTAL UTILITIES | 505923744 |
|  | TOTAL COMMON STOCKS<br> (Cost $6,926,276,589) | 10213756275 |

---

*See Notes to Financial Statements* 71

------

Large Cap Value Index

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION |  |  | VALUE |
|  | INVESTMENT COMPANIES - 0.7% |  |  |  |
| 395018 | iShares Russell 1000 Value ETF |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;71999931 |
|  | TOTAL INVESTMENT COMPANIES<br> (Cost $70,186,602) |  |  | 71999931 |
|  | TOTAL LONG-TERM INVESTMENTS<br> (Cost $6,996,463,191) |  |  | 10285756206 |
| SHARES | DESCRIPTION | RATE |  | VALUE |
|  | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.1% | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.1% |  |  |
| 10815218 (d) | State Street Navigator Securities Lending Government Money Market Portfolio | 4.360%(e) |  | 10815218 |
|  | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $10,815,218) | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $10,815,218) |  | 10815218 |
| PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | SHORT-TERM INVESTMENTS - 0.0% |  |  |  |
|  | REPURCHASE AGREEMENT - 0.0% |  |  |  |
| $2331000 (f) | Bank of New York Mellon Corp | 4.370 | 05/01/25 | 2331000 |
|  | TOTAL REPURCHASE AGREEMENT |  |  | 2331000 |
|  | TOTAL SHORT-TERM INVESTMENTS<br> (Cost $2,331,000) |  |  | 2331000 |
|  | TOTAL INVESTMENTS - 100.1%<br> (Cost $7,009,609,409) |  |  | 10298902424 |
|  | OTHER ASSETS & LIABILITIES, NET - (0.1)% |  |  | (8870493) |
|  | NET ASSETS - 100.0% |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10290031931 |

---

ETF Exchange Traded Fund

(a) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

(b) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $39,896,980.

(c) For fair value measurement disclosure purposes, investment classified as Level 3.

(d) Investments made with cash collateral received from securities on loan.

(e) The rate shown is the one-day yield as of the end of the reporting period.

(f) Agreement with Bank of New York Mellon Corp, 4.370% dated 4/30/25 to be repurchased at $2,374,658 on 5/1/25, collateralized by Government Agency Securities, with coupon rate 4.125% and maturity date 11/15/27, valued at $2,377,623.

72 *See Notes to Financial Statements*

------

## Portfolios of Investments April 30, 2025
S&P 500 Index

(Unaudited)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | LONG-TERM INVESTMENTS - 98.5% |  |
|  | COMMON STOCKS - 98.5% |  |
|  | AUTOMOBILES & COMPONENTS - 1.8% |  |
| 51264 (a) | Aptiv plc | $2925124 |
| 819162 | Ford Motor Co | 8199811 |
| 212882 | General Motors Co | 9630782 |
| 598730 (a) | Tesla, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;168937657 |
|  | TOTAL AUTOMOBILES & COMPONENTS | 189693374 |
|  | BANKS - 3.4% |  |
| 1416913 | Bank of America Corp | 56506491 |
| 404116 | Citigroup, Inc | 27633452 |
| 94296 | Citizens Financial Group, Inc | 3478579 |
| 144723 | Fifth Third Bancorp | 5201345 |
| 308172 | Huntington Bancshares, Inc | 4477739 |
| 598000 | JPMorgan Chase & Co | 146282760 |
| 213467 | Keycorp | 3167850 |
| 36567 | M&T Bank Corp | 6207614 |
| 84583 | PNC Financial Services Group, Inc | 13591642 |
| 185239 | Regions Financial Corp | 3780728 |
| 276522 | Truist Financial Corp | 10601854 |
| 329627 | US Bancorp | 13297153 |
| 707027 | Wells Fargo & Co | 50205987 |
|  | TOTAL BANKS | 344433194 |
|  | CAPITAL GOODS - 5.7% |  |
| 116090 | 3M Co | 16126062 |
| 23360 | A.O. Smith Corp | 1585210 |
| 16934 | Allegion plc | 2357213 |
| 50626 | Ametek, Inc | 8585157 |
| 15707 (a) | Axon Enterprise, Inc | 9633103 |
| 160486 (a) | Boeing Co | 29407455 |
| 23120 (a) | Builders FirstSource, Inc | 2765846 |
| 178466 | Carrier Global Corp | 11161264 |
| 101696 | Caterpillar, Inc | 31451522 |
| 28926 | Cummins, Inc | 8499616 |
| 54300 | Deere & Co | 25171308 |
| 30438 | Dover Corp | 5194245 |
| 84491 | Eaton Corp plc | 24871616 |
| 121651 | Emerson Electric Co | 12786737 |
| 119633 | Fastenal Co | 9686684 |
| 75840 | Fortive Corp | 5285290 |
| 58938 | GE Vernova, Inc | 21855389 |
| 13527 (a) | Generac Holdings, Inc | 1547218 |
| 54294 | General Dynamics Corp | 14774483 |
| 229710 | General Electric Co | 46295753 |
| 139096 | Honeywell International, Inc | 29279708 |
| 87969 | Howmet Aerospace, Inc | 12190744 |
| 11150 | Hubbell, Inc | 4049457 |
| 8707 | Huntington Ingalls Industries, Inc | 2005570 |
| 15866 | IDEX Corp | 2760208 |
| 56644 | Illinois Tool Works, Inc | 13589462 |
| 85876 | Ingersoll Rand, Inc | 6477627 |
| 142096 | Johnson Controls International plc | 11921854 |
| 40431 | L3Harris Technologies, Inc | 8895629 |
| 6992 | Lennox International, Inc | 3822876 |
| 45085 | Lockheed Martin Corp | 21539359 |
| 45515 | Masco Corp | 2758664 |
| 11898 | Nordson Corp | 2255504 |
| 29019 | Northrop Grumman Corp | 14117743 |
| 84784 | Otis Worldwide Corp | 8162156 |
| 111947 | PACCAR, Inc | 10098739 |
| 27406 | Parker-Hannifin Corp | 16582274 |

---

See Notes to Financial Statements 73

------

## Portfolios of Investments April 30, 2025 (continued)
S&P 500 Index

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | CAPITAL GOODS (continued) |  |
| 34647 | Pentair plc | $3143522 |
| 31501 | Quanta Services, Inc | 9220028 |
| 24315 | Rockwell Automation, Inc | 6022339 |
| 283402 | RTX Corp | 35745494 |
| 11605 | Snap-On, Inc | 3641765 |
| 32675 | Stanley Black & Decker, Inc | 1961153 |
| 35725 | Textron, Inc | 2513968 |
| 48055 | Trane Technologies plc | 18419962 |
| 12028 | TransDigm Group, Inc | 16996406 |
| 14209 | United Rentals, Inc | 8972273 |
| 9303 | W.W. Grainger, Inc | 9529156 |
| 36827 | Westinghouse Air Brake Technologies Corp | 6803420 |
| 53036 | Xylem, Inc | 6394550 |
|  | TOTAL CAPITAL GOODS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;588912781 |
|  | COMMERCIAL & PROFESSIONAL SERVICES - 1.3% |  |
| 86660 | Automatic Data Processing, Inc | 26049996 |
| 25269 | Broadridge Financial Solutions, Inc | 6125206 |
| 36240 (a) | Ceridian HCM Holding, Inc | 2097209 |
| 72981 | Cintas Corp | 15448618 |
| 186863 (a) | Copart, Inc | 11404249 |
| 26695 | Equifax, Inc | 6944170 |
| 26100 | Jacobs Solutions, Inc | 3231180 |
| 28220 | Leidos Holdings, Inc | 4153420 |
| 67560 | Paychex, Inc | 9939427 |
| 11027 | Paycom Software, Inc | 2496403 |
| 43178 | Republic Services, Inc | 10826883 |
| 61133 | Rollins, Inc | 3492528 |
| 53644 | Veralto Corp | 5144460 |
| 29333 | Verisk Analytics, Inc | 8695181 |
| 77723 | Waste Management, Inc | 18137439 |
|  | TOTAL COMMERCIAL & PROFESSIONAL SERVICES | 134186369 |
|  | CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 5.7% |  |
| 2018040 (a) | Amazon.com, Inc | 372166937 |
| 3572 (a) | Autozone, Inc | 13440007 |
| 42748 | Best Buy Co, Inc | 2850864 |
| 32319 (a) | Carmax, Inc | 2090070 |
| 99944 | eBay, Inc | 6812183 |
| 30791 | Genuine Parts Co | 3619482 |
| 212553 | Home Depot, Inc | 76623231 |
| 55590 | LKQ Corp | 2124094 |
| 121408 | Lowe's Cos, Inc | 27141972 |
| 12273 (a) | O'Reilly Automotive, Inc | 17368750 |
| 8403 | Pool Corp | 2463255 |
| 70620 | Ross Stores, Inc | 9816180 |
| 239964 | TJX Cos, Inc | 30878568 |
| 114158 | Tractor Supply Co | 5778678 |
| 10136 (a) | Ulta Beauty, Inc | 4010207 |
| 26334 | Williams-Sonoma, Inc | 4067813 |
|  | TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL | 581252291 |
|  | CONSUMER DURABLES & APPAREL - 0.6% |  |
| 31767 (a) | Deckers Outdoor Corp | 3520737 |
| 61566 | DR Horton, Inc | 7778248 |
| 32790 (a) | Garmin Ltd | 6127467 |
| 28354 | Hasbro, Inc | 1755113 |
| 51762 | Lennar Corp (Class A) | 5621871 |
| 23783 (a) | Lululemon Athletica, Inc | 6439723 |
| 10889 (a) | Mohawk Industries, Inc | 1158045 |
| 254488 | Nike, Inc (Class B) | 14353123 |
| 674 (a) | NVR, Inc | 4802756 |
| 43450 | Pulte Homes, Inc | 4457101 |
| 8795 | Ralph Lauren Corp | 1978435 |

---

74 *See Notes to Financial Statements*

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | CONSUMER DURABLES & APPAREL (continued) |  |
| 44274 | Tapestry, Inc | $3127958 |
|  | TOTAL CONSUMER DURABLES & APPAREL | 61120577 |
|  | CONSUMER SERVICES - 2.1% |  |
| 91763 (a) | Airbnb, Inc | 11187745 |
| 7105 | Booking Holdings, Inc | 36230384 |
| 47100 (a) | Caesars Entertainment, Inc | 1274526 |
| 219121 (a) | Carnival Corp | 4018679 |
| 284969 (a) | Chipotle Mexican Grill, Inc (Class A) | 14396634 |
| 24608 | Darden Restaurants, Inc | 4937349 |
| 7327 | Domino's Pizza, Inc | 3592941 |
| 72592 (a) | DoorDash, Inc | 14002271 |
| 26935 | Expedia Group, Inc | 4226909 |
| 51760 | Hilton Worldwide Holdings, Inc | 11670845 |
| 73031 | Las Vegas Sands Corp | 2678047 |
| 49078 | Marriott International, Inc (Class A) | 11709029 |
| 153161 | McDonald's Corp | 48957914 |
| 40853 (a) | MGM Resorts International | 1285235 |
| 94992 (a) | Norwegian Cruise Line Holdings Ltd | 1522722 |
| 52362 | Royal Caribbean Cruises Ltd | 11253117 |
| 241872 | Starbucks Corp | 19361854 |
| 19644 | Wynn Resorts Ltd | 1577610 |
| 60343 | Yum! Brands, Inc | 9078001 |
|  | TOTAL CONSUMER SERVICES | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212961812 |
|  | CONSUMER STAPLES DISTRIBUTION & RETAIL - 2.2% |  |
| 94977 | Costco Wholesale Corp | 94454626 |
| 47012 | Dollar General Corp | 4404554 |
| 44677 (a) | Dollar Tree, Inc | 3653238 |
| 141642 | Kroger Co | 10227969 |
| 103543 | Sysco Corp | 7392970 |
| 97291 | Target Corp | 9408040 |
| 176975 | Walgreens Boots Alliance, Inc | 1941416 |
| 928176 | Walmart, Inc | 90265116 |
|  | TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL | 221747929 |
|  | ENERGY - 3.1% |  |
| 81074 | APA Corp | 1259890 |
| 214979 | Baker Hughes Co | 7610257 |
| 153262 | Cabot Oil & Gas Corp | 3764115 |
| 45001 | Chesapeake Energy Corp | 4675604 |
| 357586 | Chevron Corp | 48653151 |
| 273243 | ConocoPhillips | 24351416 |
| 137880 | Devon Energy Corp | 4192931 |
| 40712 | Diamondback Energy, Inc | 5374391 |
| 119500 | EOG Resources, Inc | 13184435 |
| 129762 | EQT Corp | 6415433 |
| 933548 | Exxon Mobil Corp | 98610675 |
| 188970 | Halliburton Co | 3745386 |
| 58372 | Hess Corp | 7532907 |
| 420254 | Kinder Morgan, Inc | 11052680 |
| 67709 | Marathon Petroleum Corp | 9303894 |
| 140463 | Occidental Petroleum Corp | 5535647 |
| 133771 | ONEOK, Inc | 10990625 |
| 88401 | Phillips 66 | 9199008 |
| 298657 | Schlumberger Ltd | 9930345 |
| 45920 | Targa Resources Corp | 7847728 |
| 4097 | Texas Pacific Land Corp | 5280500 |
| 65265 | Valero Energy Corp | 7576614 |
| 261946 | Williams Cos, Inc | 15342177 |
|  | TOTAL ENERGY | 321429809 |
|  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 2.1% |  |
| 31870 | Alexandria Real Estate Equities, Inc | 2315674 |
| 99714 | American Tower Corp | 22476533 |
| 31293 | AvalonBay Communities, Inc | 6570904 |

---

*See Notes to Financial Statements* 75

------

S&P 500 Index

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) (continued) |  |
| 33580 | Boston Properties, Inc | $2140053 |
| 23880 | Camden Property Trust | 2717544 |
| 92234 | Crown Castle, Inc | 9754668 |
| 67160 | Digital Realty Trust, Inc | 10781866 |
| 20890 | Equinix, Inc | 17981068 |
| 74179 | Equity Residential | 5211817 |
| 13612 | Essex Property Trust, Inc | 3799790 |
| 44760 | Extra Space Storage, Inc | 6558235 |
| 13968 | Federal Realty Investment Trust | 1313271 |
| 155351 | Healthpeak Properties, Inc | 2771462 |
| 144601 | Host Hotels & Resorts Inc | 2041766 |
| 117651 | Invitation Homes, Inc | 4022488 |
| 62705 | Iron Mountain, Inc | 5622757 |
| 141377 | Kimco Realty Corp | 2824712 |
| 25462 | Mid-America Apartment Communities, Inc | 4065008 |
| 197536 (b) | Prologis, Inc | 20188179 |
| 33612 | Public Storage, Inc | 10098053 |
| 189330 | Realty Income Corp | 10954634 |
| 35869 | Regency Centers Corp | 2589024 |
| 22473 | SBA Communications Corp | 5469928 |
| 64696 | Simon Property Group, Inc | 10181857 |
| 64922 | UDR, Inc | 2718933 |
| 93596 | Ventas, Inc | 6559208 |
| 225177 | VICI Properties, Inc | 7210168 |
| 130281 (b) | Welltower, Inc | 19879578 |
| 157260 | Weyerhaeuser Co | 4074607 |
|  | TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;212893785 |
|  | FINANCIAL SERVICES - 8.6% |  |
| 118213 | American Express Co | 31493125 |
| 20558 | Ameriprise Financial, Inc | 9683229 |
| 95570 | Apollo Global Management, Inc | 13043394 |
| 155535 | Bank of New York Mellon Corp | 12506569 |
| 392173 (a) | Berkshire Hathaway, Inc | 209126252 |
| 31218 | BlackRock, Inc | 28541369 |
| 156413 | Blackstone, Inc | 20601156 |
| 81360 | Capital One Financial Corp | 14665954 |
| 22662 | Cboe Global Markets, Inc | 5026432 |
| 363354 | Charles Schwab Corp | 29577016 |
| 77781 | CME Group, Inc | 21551559 |
| 14828 (a) | Corpay, Inc | 4824586 |
| 54373 | Discover Financial Services | 9932316 |
| 7911 | Factset Research Systems, Inc | 3419292 |
| 112706 | Fidelity National Information Services, Inc | 8890249 |
| 121043 (a) | Fiserv, Inc | 22340907 |
| 62771 | Franklin Resources, Inc | 1177584 |
| 53999 | Global Payments, Inc | 4120664 |
| 66316 | Goldman Sachs Group, Inc | 36311326 |
| 123358 | Intercontinental Exchange, Inc | 20720443 |
| 84434 | Invesco Ltd | 1176166 |
| 15929 | Jack Henry & Associates, Inc | 2762566 |
| 144307 | KKR & Co, Inc | 16489961 |
| 8144 | MarketAxess Holdings, Inc | 1804629 |
| 174098 | Mastercard, Inc (Class A) | 95416150 |
| 32910 | Moody's Corp | 14912179 |
| 261856 | Morgan Stanley | 30223420 |
| 16435 | MSCI, Inc (Class A) | 8958883 |
| 90156 | Nasdaq Stock Market, Inc | 6870789 |
| 43685 | Northern Trust Corp | 4105516 |
| 214729 (a) | PayPal Holdings, Inc | 14137757 |
| 38673 | Raymond James Financial, Inc | 5299748 |
| 67411 | S&P Global, Inc | 33708871 |
| 62925 | State Street Corp | 5543692 |

---

76 *See Notes to Financial Statements*

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | FINANCIAL SERVICES (continued) |  |
| 84918 | Synchrony Financial | $4411490 |
| 47453 | T Rowe Price Group, Inc | 4201963 |
| 368727 | Visa, Inc (Class A) | 127395179 |
|  | TOTAL FINANCIAL SERVICES | 884972381 |
|  | FOOD, BEVERAGE & TOBACCO - 2.7% |  |
| 367036 | Altria Group, Inc | 21710180 |
| 102322 | Archer-Daniels-Midland Co | 4885876 |
| 39738 | Brown-Forman Corp (Class B) | 1384472 |
| 30792 | Bunge Global S.A. | 2423946 |
| 45648 | Campbell Soup Co | 1664326 |
| 828288 | Coca-Cola Co | 60092295 |
| 109413 | ConAgra Brands, Inc | 2703595 |
| 33600 | Constellation Brands, Inc (Class A) | 6301344 |
| 113443 | General Mills, Inc | 6436756 |
| 33037 | Hershey Co | 5523456 |
| 62819 | Hormel Foods Corp | 1878288 |
| 21675 | J.M. Smucker Co | 2520152 |
| 57427 | Kellogg Co | 4753233 |
| 251687 | Keurig Dr Pepper, Inc | 8705853 |
| 178561 | Kraft Heinz Co | 5196125 |
| 32426 | Lamb Weston Holdings, Inc | 1712417 |
| 55713 | McCormick & Co, Inc | 4270959 |
| 36080 | Molson Coors Brewing Co (Class B) | 2075682 |
| 276656 | Mondelez International, Inc | 18848573 |
| 148960 (a) | Monster Beverage Corp | 8955475 |
| 293492 | PepsiCo, Inc | 39791645 |
| 332286 | Philip Morris International, Inc | 56940529 |
| 62765 | Tyson Foods, Inc (Class A) | 3843729 |
|  | TOTAL FOOD, BEVERAGE & TOBACCO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;272618906 |
|  | HEALTH CARE EQUIPMENT & SERVICES - 4.6% |  |
| 370689 | Abbott Laboratories | 48467587 |
| 15487 (a) | Align Technology, Inc | 2683897 |
| 37925 | AmerisourceBergen Corp | 11099510 |
| 111296 | Baxter International, Inc | 3469096 |
| 61372 | Becton Dickinson & Co | 12709528 |
| 312936 (a) | Boston Scientific Corp | 32191726 |
| 51341 | Cardinal Health, Inc | 7253970 |
| 108654 (a) | Centene Corp | 6502942 |
| 59529 | Cigna Group | 20242241 |
| 41702 (a) | Cooper Cos, Inc | 3405802 |
| 269717 | CVS Health Corp | 17992821 |
| 10918 (a) | DaVita, Inc | 1545443 |
| 82751 (a) | DexCom, Inc | 5906766 |
| 126192 (a) | Edwards Lifesciences Corp | 9526234 |
| 49555 | Elevance Health, Inc | 20841842 |
| 98938 | GE HealthCare Technologies, Inc | 6958310 |
| 38533 | HCA, Inc | 13296968 |
| 25902 (a) | Henry Schein, Inc | 1682853 |
| 46747 (a) | Hologic, Inc | 2720675 |
| 25420 | Humana, Inc | 6666141 |
| 17239 (a) | IDEXX Laboratories, Inc | 7458453 |
| 15362 (a) | Insulet Corp | 3875679 |
| 76239 (a) | Intuitive Surgical, Inc | 39324076 |
| 16945 | Labcorp Holdings, Inc | 4083915 |
| 27022 | McKesson Corp | 19261011 |
| 274744 | Medtronic plc | 23287302 |
| 12343 (a) | Molina Healthcare, Inc | 4036284 |
| 23923 | Quest Diagnostics, Inc | 4263557 |
| 31534 | Resmed, Inc | 7460629 |
| 30414 (a) | Solventum Corp | 2010974 |
| 21471 | STERIS plc | 4825393 |
| 73475 | Stryker Corp | 27473772 |

---

*See Notes to Financial Statements* 77

------

S&P 500 Index

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | HEALTH CARE EQUIPMENT & SERVICES (continued) |  |
| 196901 | UnitedHealth Group, Inc | $81012947 |
| 12834 | Universal Health Services, Inc (Class B) | 2272516 |
| 41913 | Zimmer Biomet Holdings, Inc | 4319135 |
|  | TOTAL HEALTH CARE EQUIPMENT & SERVICES | 470129995 |
|  | HOUSEHOLD & PERSONAL PRODUCTS - 1.2% |  |
| 50988 | Church & Dwight Co, Inc | 5065148 |
| 25491 | Clorox Co | 3627369 |
| 174651 | Colgate-Palmolive Co | 16101076 |
| 50581 | Estee Lauder Cos (Class A) | 3032837 |
| 405789 | Kenvue, Inc | 9576620 |
| 72539 | Kimberly-Clark Corp | 9559189 |
| 501979 | Procter & Gamble Co | 81606726 |
|  | TOTAL HOUSEHOLD & PERSONAL PRODUCTS | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;128568965 |
|  | INSURANCE - 2.3% |  |
| 106525 | Aflac, Inc | 11577137 |
| 56629 | Allstate Corp | 11234627 |
| 126953 | American International Group, Inc | 10349209 |
| 46397 | Aon plc | 16461192 |
| 83043 | Arch Capital Group Ltd | 7530339 |
| 10217 | Assurant, Inc | 1969225 |
| 53120 | Brown & Brown, Inc | 5875072 |
| 78724 | Chubb Ltd | 22521362 |
| 33017 | Cincinnati Financial Corp | 4596297 |
| 5303 | Erie Indemnity Co (Class A) | 1901762 |
| 8898 | Everest Re Group Ltd | 3192869 |
| 54433 | Gallagher (Arthur J.) & Co | 17456119 |
| 17371 | Globe Life, Inc | 2142539 |
| 62930 | Hartford Financial Services Group, Inc | 7719623 |
| 39161 | Loews Corp | 3400350 |
| 105530 | Marsh & McLennan Cos, Inc | 23793849 |
| 124642 | Metlife, Inc | 9394267 |
| 43138 | Principal Financial Group | 3198683 |
| 125673 | Progressive Corp | 35407111 |
| 76767 | Prudential Financial, Inc | 7884739 |
| 48158 | Travelers Cos, Inc | 12719972 |
| 64202 | W.R. Berkley Corp | 4602641 |
| 21859 | Willis Towers Watson plc | 6728200 |
|  | TOTAL INSURANCE | 231657184 |
|  | MATERIALS - 2.0% |  |
| 47587 | Air Products & Chemicals, Inc | 12900360 |
| 25602 | Albemarle Corp | 1498997 |
| 488873 | Amcor plc | 4497632 |
| 17000 | Avery Dennison Corp | 2908870 |
| 63800 | Ball Corp | 3313772 |
| 36178 | CF Industries Holdings, Inc | 2835270 |
| 149351 | Corteva, Inc | 9258268 |
| 141994 | Dow, Inc | 4343596 |
| 91261 | DuPont de Nemours, Inc | 6022313 |
| 22237 | Eastman Chemical Co | 1712249 |
| 54199 | Ecolab, Inc | 13627255 |
| 305589 | Freeport-McMoRan, Inc (Class B) | 11010372 |
| 53058 | International Flavors & Fragrances, Inc | 4162931 |
| 110618 | International Paper Co | 5053030 |
| 101772 (a) | Linde plc | 46126124 |
| 50713 | LyondellBasell Industries NV | 2952004 |
| 12891 | Martin Marietta Materials, Inc | 6754626 |
| 68848 | Mosaic Co | 2092979 |
| 245310 | Newmont Goldcorp Corp | 12922931 |
| 49132 | Nucor Corp | 5864887 |
| 19186 | Packaging Corp of America | 3561113 |
| 50723 | PPG Industries, Inc | 5521706 |
| 49445 | Sherwin-Williams Co | 17450129 |

---

78 *See Notes to Financial Statements*

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | MATERIALS (continued) |  |
| 104948 | Smurfit WestRock plc | $4409915 |
| 29976 | Steel Dynamics, Inc | 3888187 |
| 27760 | Vulcan Materials Co | 7282281 |
|  | TOTAL MATERIALS | 201971797 |
|  | MEDIA & ENTERTAINMENT - 8.1% |  |
| 1010842 | Alphabet, Inc | 162634369 |
| 1248005 | Alphabet, Inc (Class A) | 198183194 |
| 20329 (a) | Charter Communications, Inc | 7966122 |
| 815164 | Comcast Corp (Class A) | 27878609 |
| 50155 | Electronic Arts, Inc | 7276989 |
| 45990 | Fox Corp (Class A) | 2289842 |
| 31481 | Fox Corp (Class B) | 1455681 |
| 81564 | Interpublic Group of Cos, Inc | 2048888 |
| 31772 (a) | Live Nation, Inc | 4208201 |
| 58700 | Match Group, Inc | 1741042 |
| 468543 | Meta Platforms, Inc | 257230107 |
| 91524 (a) | Netflix, Inc | 103579541 |
| 77943 | News Corp (Class A) | 2113814 |
| 23838 | News Corp (Class B) | 748990 |
| 43533 | Omnicom Group, Inc | 3315473 |
| 136570 | Paramount Global (Class B) | 1603332 |
| 34889 (a) | Take-Two Interactive Software, Inc | 8140302 |
| 14247 | TKO Group Holdings, Inc | 2320979 |
| 384755 | Walt Disney Co | 34993467 |
| 486295 (a) | Warner Bros Discovery, Inc | 4216178 |
|  | TOTAL MEDIA & ENTERTAINMENT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;833945120 |
|  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 6.1% |  |
| 377701 | AbbVie, Inc | 73689465 |
| 61632 | Agilent Technologies, Inc | 6631603 |
| 114279 | Amgen, Inc | 33246047 |
| 29747 (a) | Biogen, Inc | 3601767 |
| 34200 | Bio-Techne Corp | 1721970 |
| 432647 | Bristol-Myers Squibb Co | 21718879 |
| 11012 (a) | Charles River Laboratories International, Inc | 1306244 |
| 136920 | Danaher Corp | 27292264 |
| 168582 | Eli Lilly & Co | 151546789 |
| 265021 | Gilead Sciences, Inc | 28235337 |
| 33897 (a) | Incyte Corp | 2123986 |
| 37631 (a) | IQVIA Holdings, Inc | 5835439 |
| 515156 | Johnson & Johnson | 80524034 |
| 540685 | Merck & Co, Inc | 46066362 |
| 4431 (a) | Mettler-Toledo International, Inc | 4743696 |
| 77921 (a) | Moderna, Inc | 2223865 |
| 26424 | PerkinElmer, Inc | 2468794 |
| 1212481 | Pfizer, Inc | 29596661 |
| 22482 | Regeneron Pharmaceuticals, Inc | 13461322 |
| 81818 | Thermo Fisher Scientific, Inc | 35099922 |
| 54737 (a) | Vertex Pharmaceuticals, Inc | 27888502 |
| 270902 | Viatris, Inc | 2280995 |
| 12899 (a) | Waters Corp | 4485369 |
| 15036 | West Pharmaceutical Services, Inc | 3176957 |
| 95493 | Zoetis, Inc | 14935105 |
|  | TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES | 623901374 |
|  | REAL ESTATE MANAGEMENT & DEVELOPMENT - 0.1% |  |
| 64038 (a) | CBRE Group, Inc | 7824163 |
| 89164 (a) | CoStar Group, Inc | 6613294 |
|  | TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT | 14437457 |
|  | SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 10.0% |  |
| 345157 (a) | Advanced Micro Devices, Inc | 33601034 |
| 105617 | Analog Devices, Inc | 20586866 |
| 173854 | Applied Materials, Inc | 26201536 |
| 1002885 | Broadcom, Inc | 193025276 |

---

*See Notes to Financial Statements* 79

------

S&P 500 Index

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT (continued) |  |
| 30217 (a) | Enphase Energy, Inc | $1347376 |
| 21802 (a) | First Solar, Inc | 2743128 |
| 931989 | Intel Corp | 18732979 |
| 28486 | KLA Corp | 20016827 |
| 274617 | Lam Research Corp | 19681800 |
| 119709 | Microchip Technology, Inc | 5516191 |
| 239728 | Micron Technology, Inc | 18447070 |
| 10088 | Monolithic Power Systems, Inc | 5983193 |
| 5239757 | Nvidia Corp | 570714332 |
| 54011 | NXP Semiconductors NV | 9954767 |
| 89646 (a) | ON Semiconductor Corp | 3558946 |
| 235976 | QUALCOMM, Inc | 35032997 |
| 35393 | Skyworks Solutions, Inc | 2275062 |
| 33152 | Teradyne, Inc | 2460210 |
| 195300 | Texas Instruments, Inc | 31257765 |
|  | TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1021137355 |
|  | SOFTWARE & SERVICES - 11.5% |  |
| 133764 | Accenture plc | 40015501 |
| 93496 (a) | Adobe, Inc | 35059130 |
| 33190 (a) | Akamai Technologies, Inc | 2674450 |
| 18524 (a) | Ansys, Inc | 5962505 |
| 45911 (a) | Autodesk, Inc | 12591092 |
| 58719 (a) | Cadence Design Systems, Inc | 17482995 |
| 106434 | Cognizant Technology Solutions Corp (Class A) | 7830349 |
| 52698 (a) | Crowdstrike Holdings, Inc | 22600591 |
| 12718 (a) | EPAM Systems, Inc | 1995581 |
| 5224 (a) | Fair Isaac Corp | 10394088 |
| 136981 (a) | Fortinet, Inc | 14213149 |
| 16291 (a) | Gartner, Inc | 6859814 |
| 112609 | Gen Digital, Inc | 2913195 |
| 30820 (a) | GoDaddy, Inc | 5804331 |
| 197678 | International Business Machines Corp | 47802494 |
| 60072 | Intuit, Inc | 37693378 |
| 1590556 | Microsoft Corp | 628683165 |
| 347098 | Oracle Corp | 48843631 |
| 439341 (a) | Palantir Technologies, Inc | 52035548 |
| 141651 (a) | Palo Alto Networks, Inc | 26478821 |
| 26403 (a) | PTC, Inc | 4091673 |
| 23176 | Roper Industries, Inc | 12980414 |
| 204761 | Salesforce, Inc | 55021328 |
| 44088 (a) | ServiceNow, Inc | 42104481 |
| 33082 (a) | Synopsys, Inc | 15184969 |
| 8849 (a) | Tyler Technologies, Inc | 4807662 |
| 17418 (a) | VeriSign, Inc | 4913966 |
| 45192 (a) | Workday, Inc | 11072040 |
|  | TOTAL SOFTWARE & SERVICES | 1178110341 |
|  | TECHNOLOGY HARDWARE & EQUIPMENT - 8.4% |  |
| 259193 | Amphenol Corp (Class A) | 19944901 |
| 3214079 | Apple, Inc | 682991787 |
| 221111 (a) | Arista Networks, Inc | 18190802 |
| 28932 | CDW Corp | 4645322 |
| 851381 | Cisco Systems, Inc | 49150225 |
| 163831 | Corning, Inc | 7270820 |
| 67198 | Dell Technologies, Inc | 6166088 |
| 12251 (a) | F5 Networks, Inc | 3243330 |
| 271708 | Hewlett Packard Enterprise Co | 4407104 |
| 212567 | HP, Inc | 5435338 |
| 23264 | Jabil Inc | 3409572 |
| 75473 | Juniper Networks, Inc | 2741179 |
| 36871 (a) | Keysight Technologies, Inc | 5361043 |
| 35225 | Motorola Solutions, Inc | 15512738 |
| 43051 | NetApp, Inc | 3863827 |

---

80 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | TECHNOLOGY HARDWARE & EQUIPMENT (continued) |  |
| 45653 |  | Seagate Technology Holdings plc | $4155793 |
| 110837 | (a),(c) | Super Micro Computer, Inc | 3531267 |
| 64188 |  | TE Connectivity plc | 9395839 |
| 9676 | (a) | Teledyne Technologies, Inc | 4509306 |
| 52555 | (a) | Trimble Inc | 3265768 |
| 72425 | (a) | Western Digital Corp | 3176561 |
| 10611 | (a) | Zebra Technologies Corp (Class A) | 2656146 |
|  |  | TOTAL TECHNOLOGY HARDWARE & EQUIPMENT | 863024756 |
|  |  | TELECOMMUNICATION SERVICES - 1.0% |  |
| 1523498 |  | AT&T, Inc | 42200894 |
| 102222 |  | T-Mobile US, Inc | 25243723 |
| 902597 |  | Verizon Communications, Inc | 39768424 |
|  |  | TOTAL TELECOMMUNICATION SERVICES | 107213041 |
|  |  | TRANSPORTATION - 1.4% |  |
| 23762 |  | CH Robinson Worldwide, Inc | 2120046 |
| 411326 |  | CSX Corp | 11545921 |
| 139199 |  | Delta Air Lines, Inc | 5794854 |
| 29810 |  | Expeditors International Washington, Inc | 3276417 |
| 47986 |  | FedEx Corp | 10092895 |
| 16063 |  | JB Hunt Transport Services, Inc | 2097506 |
| 48107 |  | Norfolk Southern Corp | 10778373 |
| 39192 |  | Old Dominion Freight Line | 6007350 |
| 130585 |  | Southwest Airlines Co | 3651157 |
| 448489 | (a) | Uber Technologies, Inc | 36332094 |
| 129031 |  | Union Pacific Corp | 27826825 |
| 71730 | (a) | United Airlines Holdings, Inc | 4936459 |
| 156152 |  | United Parcel Service, Inc (Class B) | 14881286 |
|  |  | TOTAL TRANSPORTATION | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139341183 |
|  |  | UTILITIES - 2.5% |  |
| 157843 |  | AES Corp | 1578430 |
| 52675 |  | Alliant Energy Corp | 3215282 |
| 57337 |  | Ameren Corp | 5690124 |
| 115590 |  | American Electric Power Co, Inc | 12523021 |
| 41200 |  | American Water Works Co, Inc | 6056812 |
| 33931 |  | Atmos Energy Corp | 5450337 |
| 142910 |  | Centerpoint Energy, Inc | 5542050 |
| 65043 |  | CMS Energy Corp | 4790417 |
| 76130 |  | Consolidated Edison, Inc | 8583657 |
| 66948 |  | Constellation Energy Corp | 14958861 |
| 177646 |  | Dominion Energy, Inc | 9660389 |
| 42653 |  | DTE Energy Co | 5843461 |
| 167449 |  | Duke Energy Corp | 20432127 |
| 81726 |  | Edison International | 4373158 |
| 92156 |  | Entergy Corp | 7664614 |
| 47311 |  | Evergy, Inc | 3269190 |
| 75409 |  | Eversource Energy | 4485327 |
| 213053 |  | Exelon Corp | 9992186 |
| 112687 |  | FirstEnergy Corp | 4832019 |
| 440004 |  | NextEra Energy, Inc | 29427467 |
| 101805 |  | NiSource, Inc | 3981594 |
| 41947 |  | NRG Energy, Inc | 4596552 |
| 482220 |  | PG&E Corp | 7966274 |
| 25370 |  | Pinnacle West Capital Corp | 2414717 |
| 154653 |  | PPL Corp | 5644834 |
| 106734 |  | Public Service Enterprise Group, Inc | 8531249 |
| 137456 |  | Sempra Energy | 10208857 |
| 233437 |  | Southern Co | 21450526 |
| 73408 |  | Vistra Corp | 9515879 |
| 67861 |  | WEC Energy Group, Inc | 7432137 |

---

*See Notes to Financial Statements* 81

------

S&P 500 Index

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION |  |  | VALUE |
|  | UTILITIES (continued) |  |  |  |
| 124691 | Xcel Energy, Inc |  |  | $8815654 |
|  | TOTAL UTILITIES |  |  | 258927202 |
|  | TOTAL COMMON STOCKS<br> (Cost $3,577,294,288) |  |  | 10098588978 |
|  | TOTAL LONG-TERM INVESTMENTS<br> (Cost $3,577,294,288) |  |  | 10098588978 |
| SHARES | DESCRIPTION | RATE |  | VALUE |
|  | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.0% |  |  |  |
| 204 (d) | State Street Navigator Securities Lending Government Money Market Portfolio | 4.360%(e) |  | 204 |
|  | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $204) | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $204) | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $204) | 204 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | SHORT-TERM INVESTMENTS - 1.4% |  |  |  |
|  | GOVERNMENT AGENCY DEBT - 0.3% |  |  |  |
| $2500000 | Federal Agricultural Mortgage Corp Discount Notes | 0.000 | 07/15/25 | 2478150 |
| 5000000 | Federal Home Loan Bank Discount Notes | 0.000 | 05/12/25 | 4992950 |
| 10000000 | Federal Home Loan Bank Discount Notes | 0.000 | 05/28/25 | 9967100 |
| 9000000 | Federal Home Loan Bank Discount Notes | 0.000 | 06/16/25 | 8950885 |
|  | TOTAL GOVERNMENT AGENCY DEBT |  |  | 26389085 |
|  | REPURCHASE AGREEMENT - 1.1% |  |  |  |
| 109711000 (f) | Bank of New York Mellon Corp | 4.370 | 05/01/25 | 109711000 |
|  | TOTAL REPURCHASE AGREEMENT |  |  | 109711000 |
|  | TREASURY DEBT - 0.0% |  |  |  |
| 5000000 | United States Treasury Bill | 0.000 | 05/22/25 | 4987625 |
|  | TOTAL TREASURY DEBT |  |  | 4987625 |
|  | TOTAL SHORT-TERM INVESTMENTS<br> (Cost $141,089,991) |  |  | 141087710 |
|  | TOTAL INVESTMENTS - 99.9%<br> (Cost $3,718,384,483) |  |  | 10239676892 |
|  | OTHER ASSETS & LIABILITIES, NET - 0.1% |  |  | 6212648 |
|  | NET ASSETS - 100.0% |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10245889540 |

---

(a) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

(b) Investment, or portion of investment, has been pledged to collateralize the net payment obligations for investments in derivatives.

(c) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $3,495,934.

(d) Investments made with cash collateral received from securities on loan.

(e) The rate shown is the one-day yield as of the end of the reporting period.

(f) Agreement with Bank of New York Mellon Corp, 4.370% dated 4/30/25 to be repurchased at $111,575,876 on 5/1/25, collateralized by Government Agency Securities, with coupon rate 4.625% and maturity date 6/15/27, valued at $111,905,306.

Investments in Derivatives

Futures Contracts - Long

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description | Number of<br>Contracts | Expiration<br>Date | Notional<br>Amount | Value | Unrealized<br>Appreciation<br>(Depreciation) |
|  S&P 500 E-Mini Index | 499 | 06/20/25 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;135084643 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;139395650 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4311007 |

---

82 *See Notes to Financial Statements*

------

## Portfolios of Investments April 30, 2025
Small Cap Blend Index

(Unaudited)

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | LONG-TERM INVESTMENTS - 99.1% |  |
|  |  | COMMON STOCKS - 99.1% |  |
|  |  | AUTOMOBILES & COMPONENTS - 1.1% |  |
| 108655 | (a) | Adient plc | $1374486 |
| 152153 | (a) | American Axle & Manufacturing Holdings, Inc | 581224 |
| 22990 | (a) | Cooper-Standard Holdings, Inc | 337263 |
| 159190 |  | Dana Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2187271 |
| 32641 | (a) | Dorman Products, Inc | 3698225 |
| 55656 | (a) | Fox Factory Holding Corp | 1130373 |
| 37209 | (a) | Gentherm, Inc | 967806 |
| 357672 | (a) | Goodyear Tire & Rubber Co | 3891471 |
| 56801 | (a) | Holley, Inc | 122122 |
| 31519 |  | LCI Industries | 2429485 |
| 21628 | (a) | Livewire Group, Inc | 38714 |
| 30402 | (a),(b) | Luminar Technologies, Inc | 118872 |
| 65764 | (a) | Modine Manufacturing Co | 5368973 |
| 40928 |  | Patrick Industries, Inc | 3150637 |
| 51844 |  | Phinia, Inc | 2081537 |
| 211191 | (a),(b) | Solid Power, Inc | 230198 |
| 25814 |  | Standard Motor Products, Inc | 699559 |
| 13584 | (a) | Stoneridge, Inc | 52434 |
| 35213 | (a) | Visteon Corp | 2788518 |
| 34590 |  | Winnebago Industries, Inc | 1100654 |
| 33043 | (a) | XPEL, Inc | 946352 |
|  |  | TOTAL AUTOMOBILES & COMPONENTS | 33296174 |
|  |  | BANKS - 10.6% |  |
| 22982 |  | 1st Source Corp | 1377771 |
| 11792 |  | ACNB Corp | 494203 |
| 24152 |  | Amalgamated Financial Corp | 680120 |
| 45898 |  | Amerant Bancorp, Inc | 772922 |
| 83774 |  | Ameris Bancorp | 4909156 |
| 10397 |  | Ames National Corp | 180492 |
| 20287 |  | Arrow Financial Corp | 497640 |
| 206555 |  | Associated Banc-Corp | 4556603 |
| 164266 |  | Atlantic Union Bankshares Corp | 4550168 |
| 69343 | (a) | Axos Financial, Inc | 4401894 |
| 174780 |  | Banc of California, Inc | 2356034 |
| 25431 |  | Bancfirst Corp | 2996280 |
| 57210 | (a) | Bancorp, Inc | 2763815 |
| 11853 |  | Bank First Corp | 1294111 |
| 49319 |  | Bank of Hawaii Corp | 3260479 |
| 21702 |  | Bank of Marin Bancorp | 445325 |
| 54899 |  | Bank of NT Butterfield & Son Ltd | 2205842 |
| 4212 |  | Bank7 Corp | 153317 |
| 93736 |  | BankUnited, Inc | 3066105 |
| 8096 |  | Bankwell Financial Group, Inc | 274535 |
| 43867 |  | Banner Corp | 2682028 |
| 20159 |  | Bar Harbor Bankshares | 597513 |
| 12869 |  | BayCom Corp | 334723 |
| 17299 |  | BCB Bancorp, Inc | 142198 |
| 56110 |  | Berkshire Hills Bancorp, Inc | 1393211 |
| 31713 | (a) | Blue Foundry Bancorp | 296199 |
| 25156 | (a) | Bridgewater Bancshares, Inc | 387151 |
| 109156 |  | Brookline Bancorp, Inc | 1139589 |
| 15877 |  | Burke & Herbert Financial Services Corp | 887683 |
| 28711 |  | Business First Bancshares, Inc | 661789 |
| 38070 |  | Byline Bancorp, Inc | 972308 |
| 230041 |  | Cadence Bank | 6731000 |
| 21193 |  | Camden National Corp | 816354 |
| 12139 |  | Capital Bancorp, Inc | 383471 |
| 18901 |  | Capital City Bank Group, Inc | 690643 |

---

See Notes to Financial Statements 83

------

## Portfolios of Investments April 30, 2025 (continued)
Small Cap Blend Index

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | BANKS (continued) |  |
| 145247 | Capitol Federal Financial, Inc | $823551 |
| 24632 (a) | Carter Bankshares, Inc | 377116 |
| 85900 | Cathay General Bancorp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3581171 |
| 36449 | Central Pacific Financial Corp | 936375 |
| 4222 | Chemung Financial Corp | 187203 |
| 10731 | ChoiceOne Financial Services, Inc | 305082 |
| 17196 | Citizens & Northern Corp | 331023 |
| 5876 | Citizens Financial Services, Inc | 319831 |
| 18226 | City Holding Co | 2111847 |
| 18904 | Civista Bancshares, Inc | 425529 |
| 23297 | CNB Financial Corp | 511369 |
| 16092 (a) | Coastal Financial Corp | 1321958 |
| 21607 | Colony Bankcorp, Inc | 335341 |
| 35116 (a) | Columbia Financial, Inc | 473013 |
| 66292 | Community Bank System, Inc | 3618880 |
| 20619 | Community Trust Bancorp, Inc | 1009506 |
| 20065 | Community West Bancshares | 351138 |
| 47240 | ConnectOne Bancorp, Inc | 1064317 |
| 37753 (a) | Customers Bancorp, Inc | 1887650 |
| 166329 | CVB Financial Corp | 3083740 |
| 51151 | Dime Community Bancshares, Inc | 1314069 |
| 38097 | Eagle Bancorp, Inc | 683841 |
| 244987 | Eastern Bankshares, Inc | 3655206 |
| 12398 | Enterprise Bancorp, Inc | 461206 |
| 47465 | Enterprise Financial Services Corp | 2469129 |
| 20669 | Equity Bancshares, Inc | 795550 |
| 8620 | Esquire Financial Holdings, Inc | 714770 |
| 11338 | ESSA Bancorp, Inc | 209753 |
| 16904 | Farmers & Merchants Bancorp, Inc | 442378 |
| 41887 | Farmers National Banc Corp | 546206 |
| 44875 | FB Financial Corp | 1909880 |
| 6177 | Fidelity D&D Bancorp, Inc | 250045 |
| 24345 | Financial Institutions, Inc | 618120 |
| 49872 | First Bancorp | 2017821 |
| 205248 | First BanCorp | 4031071 |
| 13531 | First Bancorp, Inc | 330562 |
| 24226 | First Bank | 348370 |
| 107049 | First Busey Corp | 2225549 |
| 9719 | First Business Financial Services, Inc | 467873 |
| 131924 | First Commonwealth Financial Corp | 2021076 |
| 21478 | First Community Bancshares, Inc | 809291 |
| 119842 | First Financial Bancorp | 2774342 |
| 165453 | First Financial Bankshares, Inc | 5544330 |
| 15228 | First Financial Corp | 752263 |
| 64514 | First Foundation, Inc | 323860 |
| 10867 | First Internet Bancorp | 231032 |
| 100478 | First Interstate BancSystem, Inc | 2632021 |
| 73185 | First Merchants Corp | 2608313 |
| 27946 | First Mid Bancshares, Inc | 934235 |
| 20099 | First of Long Island Corp | 231540 |
| 11035 (a) | First Western Financial, Inc | 232728 |
| 21926 | Five Star Bancorp | 606912 |
| 38663 | Flushing Financial Corp | 462796 |
| 8212 | FS Bancorp, Inc | 321089 |
| 230097 | Fulton Financial Corp | 3838018 |
| 17596 (a) | FVCBankcorp, Inc | 200946 |
| 35378 | German American Bancorp, Inc | 1341180 |
| 143485 | Glacier Bancorp, Inc | 5848449 |
| 11809 | Great Southern Bancorp, Inc | 649495 |
| 9442 | Greene County Bancorp, Inc | 210085 |
| 8863 | Guaranty Bancshares, Inc | 349734 |
| 110306 | Hancock Whitney Corp | 5745840 |

---

84 *See Notes to Financial Statements*

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | BANKS (continued) |  |
| 39747 | Hanmi Financial Corp | $909014 |
| 43292 | HarborOne Bancorp, Inc | 490065 |
| 17094 | HBT Financial, Inc | 396153 |
| 80674 | Heritage Commerce Corp | 729293 |
| 45837 | Heritage Financial Corp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1046000 |
| 56823 | Hilltop Holdings, Inc | 1677983 |
| 2081 | Hingham Institution For Savings The | 519334 |
| 9112 | Home Bancorp, Inc | 458698 |
| 234673 | Home Bancshares, Inc | 6512176 |
| 16710 (a) | HomeStreet, Inc | 189826 |
| 17908 | HomeTrust Bancshares, Inc | 611379 |
| 154369 | Hope Bancorp, Inc | 1539059 |
| 56022 | Horizon Bancorp, Inc | 822403 |
| 53426 | Independent Bank Corp | 3156942 |
| 27331 | Independent Bank Corp | 832502 |
| 67776 | International Bancshares Corp | 4137047 |
| 12280 | Investar Holding Corp | 234916 |
| 15873 | John Marshall Bancorp, Inc | 272857 |
| 69147 | Kearny Financial Corp | 432860 |
| 31241 | Lakeland Financial Corp | 1739186 |
| 13925 | LCNB Corp | 209154 |
| 28662 | LINKBANCORP, Inc | 201207 |
| 42276 | Live Oak Bancshares, Inc | 1105095 |
| 21514 | Mercantile Bank Corp | 910257 |
| 25254 | Metrocity Bankshares, Inc | 696253 |
| 13037 (a) | Metropolitan Bank Holding Corp | 807381 |
| 22147 | Mid Penn Bancorp, Inc | 643370 |
| 10348 | Middlefield Banc Corp | 268324 |
| 25903 | Midland States Bancorp, Inc | 421701 |
| 24356 | MidWestOne Financial Group, Inc | 675635 |
| 14402 | MVB Financial Corp | 245698 |
| 46221 | National Bank Holdings Corp | 1671351 |
| 7584 | National Bankshares, Inc | 195440 |
| 47449 (a) | NB Bancorp, Inc | 813750 |
| 57808 | NBT Bancorp, Inc | 2447591 |
| 320047 (b) | New York Community Bancorp, Inc | 3747750 |
| 16783 | Nicolet Bankshares, Inc | 1960422 |
| 8589 | Northeast Bank | 711341 |
| 16152 | Northeast Community Bancorp, Inc | 367620 |
| 54701 | Northfield Bancorp, Inc | 577096 |
| 6833 | Northrim BanCorp, Inc | 548622 |
| 156960 | Northwest Bancshares, Inc | 1938456 |
| 9670 | Norwood Financial Corp | 241847 |
| 8516 | Oak Valley Bancorp | 223119 |
| 73825 | OceanFirst Financial Corp | 1222542 |
| 55242 | OFG Bancorp | 2173773 |
| 397359 | Old National Bancorp | 8181622 |
| 55606 | Old Second Bancorp, Inc | 878019 |
| 13750 | Orange County Bancorp, Inc | 326288 |
| 36256 | Origin Bancorp, Inc | 1161642 |
| 24652 | Orrstown Financial Services, Inc | 738820 |
| 123713 | Pacific Premier Bancorp, Inc | 2516322 |
| 18154 | Park National Corp | 2724915 |
| 11704 | Parke Bancorp, Inc | 220620 |
| 29941 | Pathward Financial, Inc | 2376417 |
| 14201 | PCB Bancorp | 278482 |
| 22843 | Peapack Gladstone Financial Corp | 632294 |
| 4298 | Peoples Bancorp of North Carolina, Inc | 118711 |
| 42108 | Peoples Bancorp, Inc | 1221553 |
| 10210 | Peoples Financial Services Corp | 441276 |
| 12534 (a) | Pioneer Bancorp, Inc | 140631 |
| 7368 | Plumas Bancorp | 324855 |

---

*See Notes to Financial Statements* 85

------

Small Cap Blend Index

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | BANKS (continued) |  |
| 23086 (a) | Ponce Financial Group, Inc | $297117 |
| 15587 | Preferred Bank | 1244778 |
| 26528 | Primis Financial Corp | 218591 |
| 6731 | Princeton Bancorp, Inc | 205161 |
| 21060 (a) | Provident Bancorp Inc | 233766 |
| 157506 | Provident Financial Services, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2578373 |
| 20599 | QCR Holdings, Inc | 1337905 |
| 20038 | RBB Bancorp | 312192 |
| 5706 | Red River Bancshares, Inc | 300706 |
| 117636 | Renasant Corp | 3772587 |
| 10738 | Republic Bancorp, Inc (Class A) | 728573 |
| 48706 | S&T Bancorp, Inc | 1774847 |
| 104531 | Seacoast Banking Corp of Florida | 2478430 |
| 64257 | ServisFirst Bancshares, Inc | 4576384 |
| 39076 | Shore Bancshares, Inc | 540421 |
| 18048 | Sierra Bancorp | 477550 |
| 156119 | Simmons First National Corp (Class A) | 2913181 |
| 21563 | SmartFinancial, Inc | 655946 |
| 15988 | South Plains Financial, Inc | 538955 |
| 28913 (a) | Southern California Bancorp | 403915 |
| 10600 (a) | Southern First Bancshares, Inc | 376406 |
| 12797 | Southern Missouri Bancorp, Inc | 673762 |
| 9401 | Southern States Bancshares, Inc | 314087 |
| 33709 | Southside Bancshares, Inc | 950257 |
| 123984 | SouthState Corp | 10759332 |
| 61262 | Stellar Bancorp, Inc | 1529100 |
| 23940 (c) | Sterling Bancorp, Inc | 239 |
| 32419 | Stock Yards Bancorp, Inc | 2359779 |
| 58491 (a) | Texas Capital Bancshares, Inc | 3986162 |
| 14220 (a) | Third Coast Bancshares, Inc | 423756 |
| 9087 | Timberland Bancorp, Inc | 279334 |
| 17149 | Tompkins Trustco, Inc | 1022080 |
| 88897 | Towne Bank | 2929156 |
| 39889 | Trico Bancshares | 1538918 |
| 28868 (a) | Triumph Financial, Inc | 1542129 |
| 22204 | TrustCo Bank Corp NY | 676112 |
| 76657 | Trustmark Corp | 2571842 |
| 86239 | UMB Financial Corp | 8155622 |
| 168043 | United Bankshares, Inc | 5762194 |
| 150761 | United Community Banks, Inc | 4162511 |
| 7945 | Unity Bancorp, Inc | 328923 |
| 38986 | Univest Financial Corp | 1151646 |
| 15236 | USCB Financial Holdings, Inc | 258403 |
| 601418 | Valley National Bancorp | 5172195 |
| 65693 | Veritex Holdings, Inc | 1529333 |
| 5470 | Virginia National Bankshares Corp | 201187 |
| 100916 | Washington Federal, Inc | 2879133 |
| 23311 | Washington Trust Bancorp, Inc | 643384 |
| 107148 | WesBanco, Inc | 3190867 |
| 22562 | West Bancorporation, Inc | 437816 |
| 32650 | Westamerica Bancorporation | 1581240 |
| 74150 | WSFS Financial Corp | 3822433 |
|  | TOTAL BANKS | 315382957 |
|  | CAPITAL GOODS - 12.1% |  |
| 80326 (a) | 374Water, Inc | 26427 |
| 165797 (a) | 3D Systems Corp | 305066 |
| 43306 (a) | AAR Corp | 2315139 |
| 35724 (a) | Aerovironment, Inc | 5412900 |
| 45030 (a) | AerSale Corp | 313859 |
| 12785 | Alamo Group, Inc | 2134839 |
| 39014 | Albany International Corp (Class A) | 2565561 |
| 18217 | Allied Motion Technologies, Inc | 388933 |

---

86 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | CAPITAL GOODS (continued) |  |
| 35339 | (b) | Alta Equipment Group, Inc | $150191 |
| 35180 | (a) | Ameresco, Inc | 373963 |
| 41650 | (a) | American Superconductor Corp | 826752 |
| 19602 | (a) | American Woodmark Corp | 1156518 |
| 13071 | (a),(b) | Amprius Technologies, Inc | 28233 |
| 28275 |  | Apogee Enterprises, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1121669 |
| 48709 |  | Applied Industrial Technologies, Inc | 11849926 |
| 406206 | (a) | Archer Aviation, Inc | 3383696 |
| 61579 |  | Arcosa, Inc | 4930631 |
| 15956 |  | Argan, Inc | 2443342 |
| 192674 | (a) | Array Technologies, Inc | 920982 |
| 27938 |  | Astec Industries, Inc | 1012194 |
| 34608 | (a) | Astronics Corp | 785256 |
| 43526 |  | Atkore, Inc | 2780006 |
| 105040 |  | Atmus Filtration Technologies, Inc | 3641737 |
| 36905 |  | AZZ, Inc | 3201878 |
| 131377 | (a),(b) | Blink Charging Co | 96181 |
| 254512 | (a) | Bloom Energy Corp | 4662660 |
| 41167 | (a) | Blue Bird Corp | 1435493 |
| 10881 | (a) | BlueLinx Holdings, Inc | 708788 |
| 48929 |  | Boise Cascade Co | 4564097 |
| 18047 | (a) | Bowman Consulting Group Ltd | 399200 |
| 32916 |  | Brookfield Business Corp | 863387 |
| 22107 | (a) | Byrna Technologies, Inc | 494976 |
| 33698 |  | Cadre Holdings, Inc | 982297 |
| 27788 | (a),(b) | Caesarstone Sdot-Yam Ltd | 71971 |
| 21572 | (a),(b) | Centuri Holdings, Inc | 387433 |
| 530220 | (a),(b) | ChargePoint Holdings, Inc | 330221 |
| 54152 | (a) | Chart Industries, Inc | 7309437 |
| 35735 |  | Columbus McKinnon Corp | 530665 |
| 42685 | (a) | Commercial Vehicle Group, Inc | 40990 |
| 32351 |  | Concrete Pumping Holdings, Inc | 194106 |
| 58466 | (a) | Construction Partners, Inc | 4802397 |
| 21331 |  | CSW Industrials, Inc | 6665511 |
| 64572 | (a),(b) | Custom Truck One Source, Inc | 260225 |
| 133485 | (a) | DNOW, Inc | 2118407 |
| 25877 |  | Douglas Dynamics, Inc | 620530 |
| 17595 | (a) | Ducommun, Inc | 1008545 |
| 15230 | (a) | DXP Enterprises, Inc | 1347246 |
| 35670 | (a) | Dycom Industries, Inc | 5976508 |
| 6955 |  | Eastern Co | 145985 |
| 72648 | (a) | Energy Recovery, Inc | 1122412 |
| 134808 | (a),(b) | Energy Vault Holdings, Inc | 100863 |
| 68163 |  | Enerpac Tool Group Corp | 2751740 |
| 50084 |  | EnerSys | 4337274 |
| 202031 | (a),(b) | Enovix Corp | 1353608 |
| 26444 |  | EnPro Industries, Inc | 3950734 |
| 32893 |  | ESCO Technologies, Inc | 5146110 |
| 65295 | (a),(b) | Eve Holding, Inc | 232450 |
| 6471 |  | EVI Industries, Inc | 104377 |
| 75697 |  | Federal Signal Corp | 6164007 |
| 80701 | (a),(b) | Fluence Energy, Inc | 330067 |
| 215441 | (a) | Fluor Corp | 7516736 |
| 57427 |  | Franklin Electric Co, Inc | 4878998 |
| 152807 | (a),(b) | Freyr Battery, Inc | 184896 |
| 128209 |  | FTAI Aviation Ltd | 13732466 |
| 20992 | (a),(b) | FuelCell Energy, Inc | 86067 |
| 45024 |  | GATX Corp | 6571703 |
| 13295 | (a) | Gencor Industries, Inc | 168714 |
| 38235 | (a) | Gibraltar Industries, Inc | 2024543 |
| 18424 |  | Global Industrial Co | 473128 |
| 49395 | (a) | GMS, Inc | 3618678 |

---

*See Notes to Financial Statements* 87

------

Small Cap Blend Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | CAPITAL GOODS (continued) |  |
| 26223 |  | Gorman-Rupp Co | $940357 |
| 351751 | (a),(b) | GrafTech International Ltd | 222658 |
| 13824 | (a) | Graham Corp | 421356 |
| 55772 |  | Granite Construction, Inc | 4533706 |
| 82913 | (a) | Great Lakes Dredge & Dock Corp | 753679 |
| 37810 |  | Greenbrier Cos, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1603900 |
| 49476 |  | Griffon Corp | 3369810 |
| 40854 |  | H&E Equipment Services, Inc | 3669098 |
| 43847 |  | Helios Technologies, Inc | 1195269 |
| 35788 |  | Herc Holdings, Inc | 3916639 |
| 91875 |  | Hillenbrand, Inc | 1858631 |
| 244622 | (a) | Hillman Solutions Corp | 1709908 |
| 57112 | (a) | Hudson Technologies, Inc | 382079 |
| 187746 | (a),(b) | Hyliion Holdings Corp | 283496 |
| 14685 |  | Hyster-Yale Materials Handling, Inc | 564345 |
| 10298 | (a) | IES Holdings, Inc | 2025411 |
| 22560 |  | Insteel Industries, Inc | 765010 |
| 54175 | (a) | Intuitive Machines, Inc | 444235 |
| 179518 | (a) | Janus International Group, Inc | 1235084 |
| 113834 | (a) | JELD-WEN Holding, Inc | 628364 |
| 59045 |  | John Bean Technologies Corp | 6215077 |
| 14921 | (b) | Kadant, Inc | 4401695 |
| 7176 |  | Karat Packaging, Inc | 189303 |
| 98523 |  | Kennametal, Inc | 1919228 |
| 186226 | (a) | Kratos Defense & Security Solutions, Inc | 6291645 |
| 13914 | (a) | Lawson Products, Inc | 362321 |
| 12187 | (a) | LB Foster Co (Class A) | 243374 |
| 93496 |  | Leonardo DRS, Inc | 3455612 |
| 12754 | (a) | Limbach Holdings, Inc | 1221068 |
| 13242 |  | Lindsay Corp | 1709013 |
| 35165 |  | LSI Industries, Inc | 530640 |
| 27927 |  | Luxfer Holdings plc | 300494 |
| 45765 | (a) | Manitowoc Co, Inc | 360628 |
| 157293 | (a) | Masterbrand, Inc | 1911110 |
| 35714 | (a) | Matrix Service Co | 414282 |
| 14640 | (a) | Mayville Engineering Co Inc | 187099 |
| 30806 |  | McGrath RentCorp | 3286076 |
| 65525 | (a) | Mercury Computer Systems, Inc | 3276250 |
| 13831 |  | Miller Industries, Inc | 564443 |
| 35251 |  | Moog, Inc (Class A) | 5895730 |
| 102836 | (a) | MRC Global, Inc | 1198039 |
| 141202 |  | Mueller Industries, Inc | 10386819 |
| 197821 |  | Mueller Water Products, Inc (Class A) | 5190823 |
| 20316 | (a) | MYR Group, Inc | 2485053 |
| 31758 | (a) | NANO Nuclear Energy, Inc | 722494 |
| 6945 |  | National Presto Industries, Inc | 585811 |
| 28744 | (a),(b) | Net Power, Inc | 48865 |
| 181901 | (a) | NEXTracker, Inc | 7387000 |
| 62006 | (a) | NN, Inc | 124632 |
| 12506 | (a) | Northwest Pipe Co | 529754 |
| 111418 | (a) | NuScale Power Corp | 1846196 |
| 4550 |  | Omega Flex, Inc | 136318 |
| 41404 | (a) | Orion Marine Group, Inc | 264572 |
| 20636 |  | Park Aerospace Corp | 269713 |
| 10937 |  | Park-Ohio Holdings Corp | 217756 |
| 1045743 | (a) | Plug Power, Inc | 912515 |
| 11791 |  | Powell Industries, Inc | 2159050 |
| 3385 |  | Preformed Line Products Co | 464997 |
| 67743 |  | Primoris Services Corp | 4062548 |
| 32001 | (a) | Proto Labs, Inc | 1125155 |
| 59599 |  | Quanex Building Products Corp | 979808 |
| 30308 | (a) | Redwire Corp | 326720 |

---

88 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | CAPITAL GOODS (continued) |  |
| 185156 | (a) | Resideo Technologies, Inc | $3106918 |
| 63203 |  | REV Group, Inc | 2066738 |
| 445621 | (a),(b) | Rocket Lab USA, Inc | 9710082 |
| 10640 |  | Rush Enterprises, Inc | 615418 |
| 77256 |  | Rush Enterprises, Inc (Class A) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3939283 |
| 172581 | (a),(b) | SES AI Corp | 155116 |
| 220736 | (a) | Shoals Technologies Group, Inc | 796857 |
| 43424 |  | Shyft Group, Inc | 367367 |
| 13098 | (a) | Southland Holdings, Inc | 42438 |
| 56825 | (a) | SPX Technologies, Inc | 7623074 |
| 14900 |  | Standex International Corp | 2107158 |
| 33249 | (a),(b) | Stem, Inc | 17984 |
| 37385 | (a) | Sterling Construction Co, Inc | 5586441 |
| 280768 | (a),(b) | Sunrun, Inc | 1934492 |
| 3212 | (a),(b) | Taylor Devices, Inc | 102463 |
| 27658 |  | Tecnoglass, Inc | 1971186 |
| 24470 |  | Tennant Co | 1765755 |
| 84927 |  | Terex Corp | 2989430 |
| 43402 | (a) | Thermon Group Holdings, Inc | 1138434 |
| 68648 | (a) | Titan International, Inc | 504563 |
| 25486 | (a) | Titan Machinery, Inc | 422813 |
| 43078 | (a),(b) | TPI Composites, Inc | 39386 |
| 11701 | (a) | Transcat, Inc | 928240 |
| 101258 |  | Trinity Industries, Inc | 2541576 |
| 91445 | (a) | Triumph Group, Inc | 2322703 |
| 53463 | (a) | Tutor Perini Corp | 1147316 |
| 15002 |  | Twin Disc, Inc | 110115 |
| 75536 |  | UFP Industries, Inc | 7466734 |
| 13610 | (a) | Ultralife Corp | 60973 |
| 21459 | (a) | V2X, Inc | 1067800 |
| 27623 | (a) | Vicor Corp | 1102296 |
| 34398 | (a),(b) | Virgin Galactic Holdings, Inc | 99410 |
| 14200 | (a),(b) | VirTra, Inc | 66456 |
| 58601 |  | Wabash National Corp | 404933 |
| 34599 |  | Watts Water Technologies, Inc (Class A) | 7187942 |
| 3720 |  | Willis Lease Finance Corp | 575558 |
| 39034 |  | Worthington Enterprises, Inc | 1976291 |
| 55696 | (a) | Xometry, Inc | 1428045 |
| 183333 |  | Zurn Elkay Water Solutions Corp | 6225989 |
|  |  | TOTAL CAPITAL GOODS | 359335059 |
|  |  | COMMERCIAL & PROFESSIONAL SERVICES - 4.2% |  |
| 78665 |  | ABM Industries, Inc | 3834132 |
| 115739 |  | ACCO Brands Corp | 446752 |
| 183599 | (a) | ACV Auctions, Inc | 2697069 |
| 527400 |  | Alight, Inc | 2695014 |
| 31200 | (a) | Asure Software, Inc | 316992 |
| 32048 |  | Barrett Business Services, Inc | 1299867 |
| 32680 | (a),(b) | BlackSky Technology, Inc | 273205 |
| 75828 | (a) | BrightView Holdings, Inc | 1040360 |
| 55594 |  | Brink's Co | 4961209 |
| 78991 | (a) | Casella Waste Systems, Inc (Class A) | 9277493 |
| 60979 | (a) | CBIZ, Inc | 4152670 |
| 36420 | (a) | CECO Environmental Corp | 866432 |
| 22407 | (a) | Cimpress plc | 941542 |
| 1670 |  | Compx International, Inc | 45424 |
| 212998 | (a) | Conduent, Inc | 449426 |
| 136906 | (a) | CoreCivic, Inc | 3099552 |
| 8554 |  | CRA International, Inc | 1387459 |
| 36026 |  | CSG Systems International, Inc | 2166243 |
| 56285 |  | Deluxe Corp | 821761 |
| 10947 | (a) | DLH Holdings Corp | 43131 |
| 72644 | (a) | Driven Brands Holdings, Inc | 1200079 |

---

*See Notes to Financial Statements* 89

------

Small Cap Blend Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | COMMERCIAL & PROFESSIONAL SERVICES (continued) |  |
| 29437 |  | Ennis, Inc | $528394 |
| 198895 | (a) | ExlService Holdings, Inc | 9642430 |
| 64184 |  | Exponent, Inc | 5049997 |
| 77049 | (a) | First Advantage Corp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1086391 |
| 80965 | (a),(b) | FiscalNote Holdings, Inc | 49130 |
| 15725 | (a) | Forrester Research, Inc | 147029 |
| 15776 | (a) | Franklin Covey Co | 320411 |
| 161817 | (a) | GEO Group, Inc | 5061636 |
| 92249 | (a) | Harsco Corp | 633751 |
| 90369 | (a) | Healthcare Services Group | 1284143 |
| 26150 |  | Heidrick & Struggles International, Inc | 1020373 |
| 88347 |  | Herman Miller, Inc | 1448891 |
| 7182 |  | HireQuest, Inc | 73831 |
| 58449 |  | HNI Corp | 2472393 |
| 22310 | (a) | Huron Consulting Group, Inc | 3007165 |
| 23485 |  | ICF International, Inc | 1995286 |
| 34234 | (a) | Innodata, Inc | 1294730 |
| 45577 |  | Insperity, Inc | 2962961 |
| 75435 |  | Interface, Inc | 1418178 |
| 40981 |  | Kelly Services, Inc (Class A) | 473331 |
| 24542 |  | Kforce, Inc | 937504 |
| 63987 |  | Korn/Ferry International | 3947998 |
| 151051 | (a),(b) | LanzaTech Global, Inc | 36977 |
| 150794 | (a) | Legalzoom.com, Inc | 1103812 |
| 27926 | (a) | Liquidity Services, Inc | 887488 |
| 39687 |  | Matthews International Corp (Class A) | 811599 |
| 71504 |  | MAXIMUS, Inc | 4787908 |
| 27337 | (a) | Mistras Group, Inc | 249313 |
| 37213 | (a) | Montrose Environmental Group, Inc | 544426 |
| 9268 |  | NL Industries, Inc | 79519 |
| 74414 | (a) | NV5 Global, Inc | 1380380 |
| 132384 | (a) | OPENLANE, Inc | 2450428 |
| 16895 | (a),(b) | Perma-Fix Environmental Services, Inc | 138539 |
| 201833 |  | Pitney Bowes, Inc | 1751910 |
| 283183 | (a) | Planet Labs PBC | 931672 |
| 44823 |  | Quad Graphics, Inc | 213806 |
| 23022 | (a),(b) | Quest Resource Holding Corp | 54332 |
| 2665 | (a) | Resolute Holdings Management, Inc | 71875 |
| 43962 |  | Resources Connection, Inc | 252122 |
| 30243 | (a) | Spire Global, Inc | 283982 |
| 116907 |  | Steelcase, Inc (Class A) | 1159717 |
| 40117 |  | TriNet Group, Inc | 3142365 |
| 41004 | (a) | TrueBlue, Inc | 177957 |
| 4786 | (b) | TTEC Holdings, Inc | 19144 |
| 19015 |  | Unifirst Corp | 3393607 |
| 156666 | (a) | Upwork, Inc | 2060158 |
| 208434 | (a) | Verra Mobility Corp | 4543861 |
| 27586 | (a) | Viad Corp | 807994 |
| 13996 |  | Virco Mfg. Corp | 128623 |
| 21987 |  | VSE Corp | 2517951 |
| 16227 | (a) | Willdan Group, Inc | 636098 |
| 53477 | (a) | WNS Holdings Ltd | 3236428 |
|  |  | TOTAL COMMERCIAL & PROFESSIONAL SERVICES | 124725756 |
|  |  | CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL - 2.0% |  |
| 36380 | (a),(b) | 1-800-FLOWERS.COM, Inc (Class A) | 201181 |
| 33826 | (a) | 1stdibs.com, Inc | 83550 |
| 63063 | (a) | Abercrombie & Fitch Co (Class A) | 4377833 |
| 88061 |  | Academy Sports & Outdoors, Inc | 3318139 |
| 21867 |  | A-Mark Precious Metals, Inc | 532680 |
| 229311 |  | American Eagle Outfitters, Inc | 2414645 |
| 9451 | (a) | America's Car-Mart, Inc | 448166 |
| 69529 | (a) | Arhaus, Inc | 546498 |

---

90 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL (continued) |  |
| 96285 |  | Arko Corp | $387547 |
| 24735 | (a) | Asbury Automotive Group, Inc | 5395693 |
| 157351 | (a),(b) | BARK, Inc | 177807 |
| 37187 | (a) | Boot Barn Holdings, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3880092 |
| 40571 |  | Buckle, Inc | 1410248 |
| 16594 |  | Build-A-Bear Workshop, Inc | 585436 |
| 41245 | (b) | Caleres, Inc | 628574 |
| 74733 |  | Camping World Holdings, Inc | 901280 |
| 8594 | (a) | Citi Trends, Inc | 191904 |
| 37833 | (b) | Designer Brands, Inc | 105554 |
| 49808 | (a) | Destination XL Group, Inc | 49290 |
| 160796 | (a),(b) | EVgo, Inc | 443797 |
| 101718 | (a) | Foot Locker, Inc | 1248080 |
| 13851 | (a) | Genesco, Inc | 268709 |
| 28468 | (a) | GigaCloud Technology, Inc | 356989 |
| 16455 |  | Group 1 Automotive, Inc | 6641732 |
| 28020 | (a),(b) | Groupon, Inc | 510244 |
| 80682 | (a) | GrowGeneration Corp | 94398 |
| 20154 |  | Haverty Furniture Cos, Inc | 365997 |
| 6255 | (b) | J Jill, Inc | 95201 |
| 19032 | (a) | Lands' End, Inc | 169004 |
| 237582 | (a) | Leslie's, Inc | 142597 |
| 24386 | (a) | MarineMax, Inc | 523324 |
| 38889 |  | Monro Muffler, Inc | 542113 |
| 94044 | (a) | National Vision Holdings, Inc | 1161443 |
| 38162 | (a) | ODP Corp | 522056 |
| 16656 | (a),(b) | OneWater Marine, Inc | 250007 |
| 58083 | (a) | Overstock.com, Inc | 236398 |
| 112399 | (a) | Petco Health & Wellness Co, Inc | 331577 |
| 116966 | (a),(b) | RealReal, Inc | 678403 |
| 46965 | (a) | Revolve Group, Inc | 933664 |
| 23129 | (a) | RumbleON, Inc | 58516 |
| 131996 | (a) | Sally Beauty Holdings, Inc | 1074447 |
| 30011 | (a),(b) | Savers Value Village, Inc | 287806 |
| 24101 |  | Shoe Carnival, Inc | 418875 |
| 52683 |  | Signet Jewelers Ltd | 3124102 |
| 28674 | (a),(b) | Sleep Number Corp | 223370 |
| 18947 |  | Sonic Automotive, Inc (Class A) | 1150462 |
| 131851 | (a) | Stitch Fix, Inc | 431153 |
| 98951 | (a) | ThredUp, Inc | 444290 |
| 24764 | (a) | Tile Shop Holdings, Inc | 140412 |
| 30285 | (a),(b) | Tilly's, Inc | 46336 |
| 18215 | (a),(b) | Torrid Holdings, Inc | 115665 |
| 65297 |  | Upbound Group, Inc | 1299410 |
| 80307 | (a) | Urban Outfitters, Inc | 4238603 |
| 97808 | (a) | Victoria's Secret & Co | 1838790 |
| 110077 | (a) | Warby Parker, Inc | 1817371 |
| 8228 |  | Weyco Group, Inc | 246017 |
| 3579 |  | Winmark Corp | 1288476 |
| 21845 | (a) | Zumiez, Inc | 255587 |
|  |  | TOTAL CONSUMER DISCRETIONARY DISTRIBUTION & RETAIL | 59651538 |
|  |  | CONSUMER DURABLES & APPAREL - 2.7% |  |
| 34305 |  | Acushnet Holdings Corp | 2271677 |
| 122313 | (a),(b) | AMMO, Inc | 240957 |
| 37885 | (a) | Beazer Homes USA, Inc | 741030 |
| 180075 | (a) | Callaway Golf Co | 1190296 |
| 10236 | (a) | Cavco Industries, Inc | 5055048 |
| 36639 |  | Century Communities, Inc | 1998291 |
| 39006 |  | Clarus Corp | 128330 |
| 64659 |  | Cricut, Inc | 322002 |
| 34646 | (a),(b) | Dream Finders Homes, Inc | 785078 |
| 13002 |  | Escalade, Inc | 197370 |

---

*See Notes to Financial Statements* 91

------

Small Cap Blend Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | CONSUMER DURABLES & APPAREL (continued) |  |
| 27129 |  | Ethan Allen Interiors, Inc | $771277 |
| 149189 | (a) | Figs, Inc | 601232 |
| 6192 |  | Flexsteel Industries, Inc | 206751 |
| 40073 | (a) | Funko, Inc | 160693 |
| 49660 | (a) | G-III Apparel Group Ltd | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1252425 |
| 172014 | (a) | GoPro, Inc | 99080 |
| 39074 | (a) | Green Brick Partners, Inc | 2304975 |
| 11420 |  | Hamilton Beach Brands Holding Co | 226116 |
| 436488 | (a) | Hanesbrands, Inc | 2003480 |
| 28591 | (a) | Helen of Troy Ltd | 796545 |
| 13365 |  | Hooker Furniture Corp | 128304 |
| 6484 | (a) | Hovnanian Enterprises, Inc | 627651 |
| 29705 |  | Installed Building Products, Inc | 4925980 |
| 38143 | (a),(b) | iRobot Corp | 93450 |
| 9347 |  | JAKKS Pacific, Inc | 180304 |
| 3561 |  | Johnson Outdoors, Inc | 81298 |
| 81062 |  | KB Home | 4379780 |
| 69699 |  | Kontoor Brands, Inc | 4192395 |
| 36955 | (a) | Landsea Homes Corp | 225425 |
| 52296 | (a) | Latham Group, Inc | 285798 |
| 52028 |  | La-Z-Boy, Inc | 2055106 |
| 11476 | (a) | Legacy Housing Corp | 279154 |
| 25129 | (a) | LGI Homes, Inc | 1372295 |
| 16644 |  | Lifetime Brands, Inc | 60584 |
| 18991 | (a) | Lovesac Co | 369375 |
| 33752 | (a) | M/I Homes, Inc | 3600663 |
| 25875 | (a) | Malibu Boats, Inc | 738990 |
| 11799 |  | Marine Products Corp | 99112 |
| 18347 | (a) | MasterCraft Boat Holdings, Inc | 301625 |
| 90517 |  | Meritage Homes Corp | 6167828 |
| 17903 |  | Movado Group, Inc | 248673 |
| 19605 |  | Oxford Industries, Inc | 952803 |
| 438528 | (a) | Peloton Interactive, Inc | 3021458 |
| 77557 | (a) | Purple Innovation, Inc | 52490 |
| 8350 |  | Rocky Brands, Inc | 178606 |
| 68330 | (a) | Skyline Champion Corp | 5910545 |
| 56245 |  | Smith & Wesson Brands, Inc | 536015 |
| 158657 | (a) | Sonos, Inc | 1461231 |
| 92465 |  | Steven Madden Ltd | 1941765 |
| 20821 |  | Sturm Ruger & Co, Inc | 846582 |
| 17465 |  | Superior Uniform Group, Inc | 181287 |
| 129432 | (a) | Taylor Morrison Home Corp | 7422925 |
| 37164 | (a) | Traeger, Inc | 54259 |
| 115464 | (a) | Tri Pointe Homes, Inc | 3550518 |
| 7006 | (a) | United Homes Group, Inc | 13662 |
| 32725 | (a) | Vera Bradley, Inc | 63814 |
| 102652 |  | Wolverine World Wide, Inc | 1339609 |
|  |  | TOTAL CONSUMER DURABLES & APPAREL | 79294012 |
|  |  | CONSUMER SERVICES - 3.2% |  |
| 68526 | (a) | Accel Entertainment, Inc | 705818 |
| 47337 | (a) | Adtalem Global Education, Inc | 5027189 |
| 17549 | (a) | American Public Education, Inc | 412402 |
| 914 | (a) | Biglari Holdings, Inc (B Shares) | 212880 |
| 23943 | (a) | BJ's Restaurants, Inc | 797063 |
| 102071 |  | Bloomin' Brands, Inc | 818609 |
| 55657 | (a) | Brinker International, Inc | 7474735 |
| 18194 |  | Carriage Services, Inc | 727032 |
| 60917 | (b) | Cheesecake Factory | 3068389 |
| 93693 | (a) | Chegg, Inc | 68134 |
| 173923 | (a) | Coursera, Inc | 1464432 |
| 27572 | (b) | Cracker Barrel Old Country Store, Inc | 1177324 |
| 40720 | (a),(b) | Dave & Buster's Entertainment, Inc | 781417 |

---

92 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | CONSUMER SERVICES (continued) |  |
| 69612 | (a) | Denny's Corp | $256868 |
| 87782 | (a) | Despegar.com Corp | 1708238 |
| 21123 |  | Dine Brands Global Inc. | 420559 |
| 34449 | (a) | El Pollo Loco Holdings, Inc | 322098 |
| 21884 | (a) | European Wax Center, Inc | 68278 |
| 102142 | (a) | Everi Holdings, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1435095 |
| 49394 | (a) | First Watch Restaurant Group, Inc | 872298 |
| 97675 | (a) | Frontdoor, Inc | 4015419 |
| 41544 | (a),(b) | Full House Resorts, Inc | 134187 |
| 151343 | (a) | Global Business Travel Group I | 1015512 |
| 23343 |  | Golden Entertainment, Inc | 599915 |
| 4046 |  | Graham Holdings Co | 3722522 |
| 87483 | (a) | Hilton Grand Vacations, Inc | 2942053 |
| 31386 | (a) | Inspired Entertainment, Inc | 232570 |
| 143423 |  | International Game Technology plc | 2352137 |
| 24691 | (b) | Jack in the Box, Inc | 642954 |
| 34963 | (a) | KinderCare Learning Cos, Inc | 428646 |
| 115489 | (b) | Krispy Kreme, Inc | 473505 |
| 7827 | (a) | Kura Sushi USA, Inc | 460854 |
| 164363 | (a) | Laureate Education, Inc | 3298765 |
| 106740 | (a) | Life Time Group Holdings, Inc | 3272648 |
| 30587 | (a) | Lincoln Educational Services Corp | 516920 |
| 47271 | (a) | Lindblad Expeditions Holdings, Inc | 417876 |
| 120216 | (a) | Mister Car Wash, Inc | 824682 |
| 16004 |  | Monarch Casino & Resort, Inc | 1251353 |
| 3470 |  | Nathan's Famous, Inc | 339193 |
| 70999 | (a),(b) | Nerdy, Inc | 112888 |
| 30594 | (a),(b) | ONE Group Hospitality, Inc | 92088 |
| 129886 |  | OneSpaWorld Holdings Ltd | 2169096 |
| 43118 |  | Papa John's International, Inc | 1488865 |
| 80958 |  | Perdoceo Education Corp | 2033665 |
| 50110 | (a) | PlayAGS, Inc | 607333 |
| 72338 | (a) | Portillo's, Inc | 747975 |
| 34790 | (a) | Potbelly Corp | 281799 |
| 9630 |  | RCI Hospitality Holdings, Inc | 382118 |
| 62368 |  | Red Rock Resorts, Inc | 2663114 |
| 91905 | (a) | Rush Street Interactive, Inc | 1114808 |
| 458445 | (a) | Sabre Corp | 1086515 |
| 40248 | (a) | SeaWorld Entertainment, Inc | 1756825 |
| 48218 | (a) | Shake Shack, Inc | 4230647 |
| 117049 |  | Six Flags Entertainment Corp | 4027656 |
| 28123 |  | Strategic Education, Inc | 2294274 |
| 53714 | (a) | Stride, Inc | 7640817 |
| 181711 |  | Super Group SGHC Ltd | 1475493 |
| 127885 | (a) | Sweetgreen, Inc | 2491200 |
| 39028 | (a) | Target Hospitality Corp | 265390 |
| 120504 | (a) | Udemy, Inc | 827863 |
| 60161 | (a) | Universal Technical Institute, Inc | 1688118 |
| 32389 | (a) | Xponential Fitness, Inc | 271096 |
|  |  | TOTAL CONSUMER SERVICES | 94510212 |
|  |  | CONSUMER STAPLES DISTRIBUTION & RETAIL - 1.2% |  |
| 40650 |  | Andersons, Inc | 1532911 |
| 44433 | (a) | Chefs' Warehouse, Inc | 2531348 |
| 10441 | (a) | Guardian Pharmacy Services, Inc | 261443 |
| 51841 | (a) | HF Foods Group, Inc | 194404 |
| 17795 |  | Ingles Markets, Inc (Class A) | 1097774 |
| 12852 |  | Natural Grocers by Vitamin Cottage, Inc | 644656 |
| 31387 |  | Pricesmart, Inc | 3185467 |
| 41941 |  | SpartanNash Co | 832109 |
| 127189 | (a) | Sprouts Farmers Market, Inc | 21749320 |
| 73461 | (a) | United Natural Foods, Inc | 1962143 |
| 11469 |  | Village Super Market (Class A) | 422633 |

---

*See Notes to Financial Statements* 93

------

Small Cap Blend Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | CONSUMER STAPLES DISTRIBUTION & RETAIL (continued) |  |
| 20317 |  | Weis Markets, Inc | $1747059 |
|  |  | TOTAL CONSUMER STAPLES DISTRIBUTION & RETAIL | 36161267 |
|  |  | ENERGY - 4.5% |  |
| 49234 | (a),(b) | Aemetis, Inc | 62035 |
| 49857 | (a) | Amplify Energy Corp | 129628 |
| 212356 |  | Archrock, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4996737 |
| 50724 |  | Ardmore Shipping Corp | 483907 |
| 34505 |  | Aris Water Solution, Inc | 861245 |
| 95770 | (b) | Atlas Energy Solutions, Inc | 1295768 |
| 96397 |  | Berry Corp | 239065 |
| 16386 | (a) | BKV Corp | 297078 |
| 262921 | (b) | Borr Drilling Ltd | 446966 |
| 30105 | (a) | Bristow Group, Inc | 874249 |
| 83920 |  | Cactus, Inc | 3183925 |
| 87842 |  | California Resources Corp | 3031427 |
| 17533 | (a) | Centrus Energy Corp | 1214862 |
| 240296 |  | ChampionX Corp | 5798342 |
| 211719 | (a) | Clean Energy Fuels Corp | 306992 |
| 185653 | (a) | CNX Resources Corp | 5463768 |
| 117547 | (b) | Comstock Resources, Inc | 2147584 |
| 63121 | (b) | Core Laboratories, Inc | 717686 |
| 66429 |  | Core Natural Resources, Inc | 4796838 |
| 214093 |  | Crescent Energy Co | 1772690 |
| 41231 | (b) | CVR Energy, Inc | 777617 |
| 81397 |  | Delek US Holdings, Inc | 1059789 |
| 170469 |  | DHT Holdings, Inc | 1822314 |
| 59826 |  | Diversified Energy Co plc | 742441 |
| 22625 | (a) | DMC Global, Inc | 146836 |
| 46932 |  | Dorian LPG Ltd | 1005283 |
| 12113 | (a) | Drilling Tools International Corp | 24468 |
| 14962 | (a),(b) | Empire Petroleum Corp | 68676 |
| 241021 | (a),(b) | Encore Energy Corp | 363942 |
| 226464 | (a),(b) | Energy Fuels, Inc | 1023617 |
| 42535 | (b) | Evolution Petroleum Corp | 178222 |
| 21564 |  | Excelerate Energy, Inc | 551607 |
| 123988 | (a) | Expro Group Holdings NV | 1025381 |
| 37358 |  | FLEX LNG Ltd | 881275 |
| 25108 | (a) | Flowco Holdings, Inc | 485087 |
| 13082 | (a) | Forum Energy Technologies, Inc | 191651 |
| 23218 |  | FutureFuel Corp | 95426 |
| 16684 | (a) | Geospace Technologies Corp | 107445 |
| 125692 |  | Golar LNG Ltd | 5342538 |
| 53295 |  | Granite Ridge Resources, Inc | 256349 |
| 86315 | (a) | Green Plains, Inc | 309008 |
| 15935 | (a) | Gulfport Energy Operating Corp | 2748787 |
| 30364 | (a) | Hallador Energy Co | 427070 |
| 184642 | (a) | Helix Energy Solutions Group, Inc | 1124470 |
| 122621 |  | Helmerich & Payne, Inc | 2316311 |
| 16274 | (b) | HighPeak Energy, Inc | 130355 |
| 16353 | (a) | Infinity Natural Resources, Inc | 251019 |
| 45388 | (a) | Innovex International, Inc | 685359 |
| 49743 |  | International Seaways, Inc | 1689272 |
| 49726 |  | Kinetik Holdings, Inc | 2055673 |
| 55561 |  | Kodiak Gas Services, Inc | 1889630 |
| 618160 | (a) | Kosmos Energy Ltd | 951966 |
| 197961 |  | Liberty Energy, Inc | 2276551 |
| 220281 |  | Magnolia Oil & Gas Corp | 4522369 |
| 31375 | (a) | Mammoth Energy Services, Inc | 79379 |
| 176109 |  | Murphy Oil Corp | 3615518 |
| 12281 | (a) | Nabors Industries Ltd | 329622 |
| 5622 |  | Nacco Industries, Inc (Class A) | 196208 |
| 14217 | (a) | Natural Gas Services Group, Inc | 255479 |

---

94 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | ENERGY (continued) |  |
| 96594 | (a) | Newpark Resources, Inc | $558313 |
| 149102 | (a) | NextDecade Corp | 1115283 |
| 168009 |  | Noble Corp plc | 3652516 |
| 270472 |  | Nordic American Tankers Ltd | 692408 |
| 127082 |  | Northern Oil and Gas, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3088093 |
| 127654 | (a) | Oceaneering International, Inc | 2265858 |
| 85619 | (a) | Oil States International, Inc | 300523 |
| 72500 | (a) | Par Pacific Holdings, Inc | 1038200 |
| 506859 |  | Patterson-UTI Energy, Inc | 2858685 |
| 126624 |  | PBF Energy, Inc | 2175400 |
| 151682 |  | Peabody Energy Corp | 1871756 |
| 5611 | (a) | Prairie Operating Co | 22781 |
| 927 | (a) | PrimeEnergy Corp | 157469 |
| 22596 | (a),(b) | ProFrac Holding Corp | 93773 |
| 118855 | (a) | ProPetro Holding Corp | 591898 |
| 14835 |  | Ranger Energy Services, Inc | 164520 |
| 20077 | (a) | Rex American Resources Corp | 797458 |
| 11981 |  | Riley Exploration Permian, Inc | 295691 |
| 156488 | (a) | Ring Energy, Inc | 138664 |
| 111463 |  | RPC, Inc | 527220 |
| 61013 | (a) | Sable Offshore Corp | 1138503 |
| 34213 |  | SandRidge Energy, Inc | 311680 |
| 55056 |  | Scorpio Tankers, Inc | 2075061 |
| 13717 | (a) | SEACOR Marine Holdings, Inc | 66939 |
| 80088 | (a) | Seadrill Ltd | 1645007 |
| 115474 |  | Select Water Solutions, Inc | 983838 |
| 166676 |  | SFL Corp Ltd | 1370077 |
| 97770 |  | Sitio Royalties Corp | 1658179 |
| 147823 |  | SM Energy Co | 3368886 |
| 39633 |  | Solaris Oilfield Infrastructure, Inc | 837842 |
| 179863 | (a) | Talos Energy, Inc | 1237457 |
| 70368 |  | Teekay Corp Ltd | 507353 |
| 30318 |  | Teekay Tankers Ltd | 1290637 |
| 157128 | (a) | Tetra Technologies, Inc | 447815 |
| 60384 | (a) | Tidewater, Inc | 2185297 |
| 947872 | (a),(b) | Transocean Ltd | 2018967 |
| 524860 | (a) | Uranium Energy Corp | 2755515 |
| 446155 | (a),(b) | Ur-Energy, Inc | 335776 |
| 141101 |  | Vaalco Energy, Inc | 461400 |
| 79971 | (a) | Valaris Ltd | 2583863 |
| 5797 | (a),(b) | Verde Clean Fuels, Inc | 19536 |
| 30571 | (a) | Vital Energy, Inc | 433497 |
| 32817 |  | Vitesse Energy, Inc | 671108 |
| 125971 | (b) | W&T Offshore, Inc | 144867 |
| 69890 |  | World Fuel Services Corp | 1753540 |
|  |  | TOTAL ENERGY | 132833951 |
|  |  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 5.6% |  |
| 145154 |  | Acadia Realty Trust | 2772441 |
| 91760 |  | Alexander & Baldwin, Inc | 1576437 |
| 2451 |  | Alexander's, Inc | 505886 |
| 17127 |  | Alpine Income Property Trust, Inc | 264612 |
| 62733 |  | American Assets Trust, Inc | 1174989 |
| 191395 |  | American Healthcare REIT, Inc | 6178231 |
| 170337 |  | Apartment Investment and Management Co | 1347366 |
| 287259 |  | Apple Hospitality REIT, Inc | 3381038 |
| 97361 |  | Armada Hoffler Properties, Inc | 659134 |
| 95713 |  | Braemar Hotels & Resorts, Inc | 178983 |
| 216090 |  | Brandywine Realty Trust | 855716 |
| 237013 |  | Broadstone Net Lease, Inc | 3834870 |
| 16093 |  | BRT Apartments Corp | 248959 |
| 236912 |  | CareTrust REIT, Inc | 6934414 |
| 28443 |  | CBL & Associates Properties, Inc | 667557 |

---

*See Notes to Financial Statements* 95

------

Small Cap Blend Index

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) (continued) |  |
| 21029 | Centerspace | $1269310 |
| 58471 | Chatham Lodging Trust | 401696 |
| 54938 | City Office REIT, Inc | 279085 |
| 13183 | Clipper Realty, Inc | 47459 |
| 36253 | Community Healthcare Trust, Inc | 619201 |
| 141772 | Corporate Office Properties Trust | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3701667 |
| 34891 | CTO Realty Growth, Inc | 637459 |
| 118631 | Curbline Properties Corp | 2715464 |
| 268370 | DiamondRock Hospitality Co | 1969836 |
| 279271 | Diversified Healthcare Trust | 631153 |
| 203390 | Douglas Emmett, Inc | 2812884 |
| 50668 (a) | Easterly Government Properties, Inc | 1021974 |
| 180702 | Empire State Realty Trust, Inc | 1286598 |
| 221808 | Essential Properties Realty Trust, Inc | 7135563 |
| 51722 | Farmland Partners, Inc | 520323 |
| 120487 | Four Corners Property Trust, Inc | 3367612 |
| 129529 | Franklin Street Properties Corp | 204656 |
| 18010 | FrontView REIT, Inc | 224044 |
| 63291 | Getty Realty Corp | 1771515 |
| 53876 | Gladstone Commercial Corp | 761268 |
| 44632 | Gladstone Land Corp | 443196 |
| 83263 | Global Medical REIT, Inc | 644456 |
| 249602 | Global Net Lease, Inc | 1884495 |
| 188383 | Hudson Pacific Properties, Inc | 386185 |
| 284103 | Independence Realty Trust, Inc | 5520121 |
| 87881 | Industrial Logistics Properties Trust | 230248 |
| 35287 | Innovative Industrial Properties, Inc | 1916437 |
| 98462 | InvenTrust Properties Corp | 2743151 |
| 106514 | JBG SMITH Properties | 1489066 |
| 273805 | Kite Realty Group Trust | 5927878 |
| 363810 | Lexington Realty Trust | 2870461 |
| 54866 | LTC Properties, Inc | 1968043 |
| 316841 | Macerich Co | 4644889 |
| 100172 | Mack-Cali Realty Corp | 1554669 |
| 55308 | National Health Investors, Inc | 4185156 |
| 16945 (a) | NET Lease Office Properties | 512247 |
| 105127 | NETSTREIT Corp | 1710416 |
| 24700 | NexPoint Diversified Real Estate Trust | 86697 |
| 29346 | NexPoint Residential Trust, Inc | 1094019 |
| 18263 | One Liberty Properties, Inc | 445617 |
| 77925 | Orion Office REIT, Inc | 142603 |
| 182090 | Outfront Media, Inc | 2755022 |
| 242460 | Paramount Group, Inc | 1040153 |
| 41999 | Peakstone Realty Trust | 483409 |
| 158549 | Pebblebrook Hotel Trust | 1434869 |
| 154384 | Phillips Edison & Co, Inc | 5357125 |
| 153196 | Piedmont Office Realty Trust, Inc | 905388 |
| 52945 | Plymouth Industrial REIT, Inc | 787292 |
| 24650 | Postal Realty Trust, Inc | 326366 |
| 99866 | PotlatchDeltic Corp | 3833856 |
| 194320 | RLJ Lodging Trust | 1362183 |
| 73960 | Ryman Hospitality Properties, Inc | 6504782 |
| 297577 | Sabra Health Care REIT, Inc | 5311749 |
| 69964 | Safehold, Inc | 1101933 |
| 10947 | Saul Centers, Inc | 357967 |
| 223128 | Service Properties Trust | 401630 |
| 63500 | SITE Centers Corp | 751840 |
| 91147 | SL Green Realty Corp | 4795244 |
| 11928 | Strawberry Fields REIT, Inc | 125483 |
| 138486 | Summit Hotel Properties, Inc | 563638 |
| 249237 | Sunstone Hotel Investors, Inc | 2078637 |
| 137307 | Tanger Factory Outlet Centers, Inc | 4326544 |

---

96 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) (continued) |  |
| 124384 |  | Terreno Realty Corp | $7006551 |
| 91461 |  | UMH Properties, Inc | 1616116 |
| 296169 |  | Uniti Group, Inc | 1457152 |
| 15138 |  | Universal Health Realty Income Trust | 578423 |
| 157589 |  | Urban Edge Properties | 2847633 |
| 112205 |  | Washington REIT | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1747032 |
| 62723 |  | Whitestone REIT | 817908 |
| 129331 |  | Xenia Hotels & Resorts, Inc | 1381255 |
|  |  | TOTAL EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) | 164416630 |
|  |  | FINANCIAL SERVICES - 6.7% |  |
| 51959 | (a) | Acacia Research (Acacia Technologies) | 160553 |
| 22327 |  | AFC Gamma, Inc | 123022 |
| 37607 |  | AG. Mortgage Investment Trust, Inc | 245574 |
| 26996 |  | Alerus Financial Corp | 536681 |
| 45450 | (a),(b) | AlTi Global, Inc | 155894 |
| 12950 |  | Angel Oak Mortgage REIT, Inc | 122378 |
| 175198 |  | Apollo Commercial Real Estate Finance, Inc | 1641605 |
| 230397 |  | Arbor Realty Trust, Inc | 2656477 |
| 68600 |  | Ares Commercial Real Estate Corp | 279202 |
| 71453 |  | ARMOUR Residential REIT, Inc | 1176831 |
| 80387 |  | Artisan Partners Asset Management, Inc | 2972711 |
| 6149 | (a) | Atlanticus Holdings Corp | 337088 |
| 214073 | (a) | AvidXchange Holdings, Inc | 1740414 |
| 6474 | (b) | B Riley Financial, Inc | 18969 |
| 32871 |  | Banco Latinoamericano de Exportaciones S.A. (Class E) | 1258959 |
| 450190 |  | BGC Group, Inc | 4078721 |
| 220399 |  | Blackstone Mortgage Trust, Inc | 4198601 |
| 62579 |  | Bread Financial Holdings, Inc | 2969374 |
| 33946 |  | Brightsphere Investment Group, Inc | 914505 |
| 174785 |  | BrightSpire Capital, Inc | 875673 |
| 251880 |  | Burford Capital Ltd | 3420530 |
| 70824 |  | Cannae Holdings, Inc | 1254293 |
| 67154 | (a) | Cantaloupe, Inc | 537232 |
| 17461 |  | Cass Information Systems, Inc | 711361 |
| 20932 |  | Chicago Atlantic Real Estate Finance, Inc | 302886 |
| 105333 |  | Chimera Investment Corp | 1299809 |
| 116554 |  | Claros Mortgage Trust, Inc | 286723 |
| 34967 |  | Cohen & Steers, Inc | 2668681 |
| 82564 |  | Compass Diversified Trust | 1419275 |
| 9260 | (a) | Consumer Portfolio Services, Inc | 85470 |
| 9541 | (a) | Dave, Inc | 904678 |
| 3479 |  | Diamond Hill Investment Group, Inc | 438284 |
| 203753 |  | DigitalBridge Group, Inc | 1711525 |
| 36184 | (a) | Donnelley Financial Solutions, Inc | 1744069 |
| 107788 |  | Dynex Capital, Inc | 1329026 |
| 113125 |  | Ellington Financial, Inc | 1474019 |
| 36163 |  | Enact Holdings, Inc | 1294274 |
| 31275 | (a) | Encore Capital Group, Inc | 1075860 |
| 32053 | (a) | Enova International, Inc | 2942145 |
| 131822 |  | Essent Group Ltd | 7504626 |
| 80158 |  | EVERTEC, Inc | 2720563 |
| 11670 |  | Federal Agricultural Mortgage Corp | 2046101 |
| 49036 |  | FirstCash Holdings, Inc | 6568863 |
| 155228 | (a) | Flywire Corp | 1460696 |
| 10072 | (a),(b) | Forge Global Holdings, Inc | 145943 |
| 101830 |  | Franklin BSP Realty Trust, Inc | 1158825 |
| 48335 | (b) | GCM Grosvenor, Inc | 606121 |
| 75993 |  | Granite Point Mortgage Trust, Inc | 149706 |
| 71377 | (a) | Green Dot Corp | 597426 |
| 50000 |  | Hamilton Lane, Inc | 7724500 |
| 147705 | (b) | Hannon Armstrong Sustainable Infrastructure Capital, Inc | 3689671 |
| 39308 | (a) | International Money Express, Inc | 488205 |

---

*See Notes to Financial Statements* 97

------

Small Cap Blend Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | FINANCIAL SERVICES (continued) |  |
| 78383 |  | Invesco Mortgage Capital, Inc | $574547 |
| 92195 |  | Jackson Financial, Inc | 7182912 |
| 75861 |  | KKR Real Estate Finance Trust, Inc | 701714 |
| 142646 |  | Ladder Capital Corp | 1489224 |
| 142001 | (a) | LendingClub Corp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1387350 |
| 12882 | (a) | LendingTree, Inc | 664582 |
| 2137 |  | MarketWise, Inc | 29149 |
| 585111 | (a) | Marqeta, Inc | 2445764 |
| 18781 |  | Medallion Financial Corp | 165273 |
| 23122 |  | Merchants Bancorp | 695510 |
| 132837 |  | MFA Financial, Inc | 1304459 |
| 89990 |  | Moelis & Co | 4821664 |
| 79689 | (a) | Mr Cooper Group, Inc | 9483788 |
| 97154 |  | Navient Corp | 1202767 |
| 90322 | (a) | NCR Corp ATM | 2521790 |
| 18068 |  | Nelnet, Inc (Class A) | 1916834 |
| 46524 | (a) | NerdWallet, Inc | 416855 |
| 113687 |  | New York Mortgage Trust, Inc | 667343 |
| 30932 |  | NewtekOne, Inc | 321693 |
| 8157 |  | Nexpoint Real Estate Finance, Inc | 119337 |
| 99152 | (a) | NMI Holdings, Inc | 3586328 |
| 8575 | (a) | Ocwen Financial Corp | 321648 |
| 138168 | (a),(b) | Open Lending Corp | 171328 |
| 24576 |  | OppFi, Inc | 229786 |
| 100578 |  | Orchid Island Capital, Inc | 719133 |
| 49086 |  | P10, Inc | 543382 |
| 228343 | (a) | Pagseguro Digital Ltd | 2290280 |
| 72267 |  | Patria Investments Ltd | 757358 |
| 337796 | (a) | Payoneer Global, Inc | 2374706 |
| 36789 | (a) | Paysafe Ltd | 560296 |
| 43694 | (a) | Paysign Inc | 104866 |
| 33705 |  | PennyMac Financial Services, Inc | 3284215 |
| 107299 |  | PennyMac Mortgage Investment Trust | 1377719 |
| 68871 |  | Perella Weinberg Partners | 1182515 |
| 22149 |  | Piper Jaffray Cos | 5340567 |
| 29574 |  | PJT Partners, Inc | 4190932 |
| 50492 | (a) | PRA Group, Inc | 924004 |
| 25156 | (a) | Priority Technology Holdings Inc | 182633 |
| 50504 |  | PROG Holdings, Inc | 1331285 |
| 187749 |  | Radian Group, Inc | 5996703 |
| 212565 |  | Ready Capital Corp | 945914 |
| 172173 |  | Redwood Trust, Inc | 1069194 |
| 8665 |  | Regional Management Corp | 285338 |
| 187784 | (a) | Remitly Global, Inc | 3796992 |
| 115310 | (a) | Repay Holdings Corp | 461240 |
| 16624 |  | Seven Hills Realty Trust | 198324 |
| 15969 | (a),(b) | Sezzle, Inc | 829590 |
| 13835 |  | Silvercrest Asset Management Group, Inc | 211676 |
| 83609 |  | StepStone Group, Inc | 4181286 |
| 362194 | (a) | StoneCo Ltd | 5092448 |
| 55067 | (a) | StoneX Group, Inc | 4877009 |
| 13393 |  | Sunrise Realty Trust, Inc | 144109 |
| 4871 |  | SWK Holdings Corp | 68632 |
| 72196 |  | TPG RE Finance Trust, Inc | 551577 |
| 128037 |  | Two Harbors Investment Corp | 1519799 |
| 101455 | (a) | Upstart Holdings, Inc | 4849549 |
| 1276 |  | Value Line, Inc | 52188 |
| 9762 | (a) | Velocity Financial, Inc | 174447 |
| 51800 |  | Victory Capital Holdings, Inc | 2967622 |
| 8534 |  | Virtus Investment Partners, Inc | 1310737 |
| 40566 |  | Walker & Dunlop, Inc | 3104922 |
| 21757 |  | Waterstone Financial, Inc | 263260 |

---

98 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | FINANCIAL SERVICES (continued) |  |
| 174623 |  | WisdomTree, Inc | $1519220 |
| 3965 | (a) | World Acceptance Corp | 511961 |
|  |  | TOTAL FINANCIAL SERVICES | 198793891 |
|  |  | FOOD, BEVERAGE & TOBACCO - 1.5% |  |
| 8749 |  | Alico, Inc | 249697 |
| 97456 |  | B&G Foods, Inc (Class A) | 671472 |
| 79731 | (a),(b) | Beyond Meat, Inc | 197733 |
| 70323 | (a),(b) | BRC, Inc | 160336 |
| 22401 |  | Calavo Growers, Inc | 618716 |
| 55554 |  | Cal-Maine Foods, Inc | 5187077 |
| 91330 |  | Dole plc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1387303 |
| 6332 | (a) | Forafric Global plc | 51986 |
| 40687 |  | Fresh Del Monte Produce, Inc | 1383765 |
| 108034 | (a) | Hain Celestial Group, Inc | 328423 |
| 23066 | (a) | Ispire Technology, Inc | 63662 |
| 19350 |  | J&J Snack Foods Corp | 2507567 |
| 10388 |  | John B Sanfilippo & Son, Inc | 688413 |
| 24657 |  | Lancaster Colony Corp | 4013666 |
| 5951 | (a) | Lifeway Foods, Inc | 140920 |
| 23415 |  | Limoneira Co | 351927 |
| 44117 | (a) | MamaMancini's Holdings, Inc | 291172 |
| 16087 |  | MGP Ingredients, Inc | 474084 |
| 58729 | (a) | Mission Produce, Inc | 615186 |
| 29344 |  | National Beverage Corp | 1302874 |
| 251996 |  | Primo Brands Corp | 8232709 |
| 5612 | (a) | Seneca Foods Corp | 503340 |
| 116777 | (a) | Simply Good Foods Co | 4216818 |
| 122582 | (a) | SunOpta, Inc | 529554 |
| 62035 | (a) | TreeHouse Foods, Inc | 1444795 |
| 22190 |  | Turning Point Brands, Inc | 1362022 |
| 29616 |  | Universal Corp | 1725724 |
| 81484 |  | Utz Brands, Inc | 1082922 |
| 50260 | (a) | Vita Coco Co, Inc | 1661093 |
| 41607 | (a) | Vital Farms, Inc | 1424624 |
| 45145 | (a),(b) | Westrock Coffee Co | 261841 |
| 83502 | (b) | WK Kellogg Co | 1497191 |
|  |  | TOTAL FOOD, BEVERAGE & TOBACCO | 44628612 |
|  |  | HEALTH CARE EQUIPMENT & SERVICES - 6.2% |  |
| 125546 | (a) | Accuray, Inc | 194596 |
| 121336 | (a) | AdaptHealth Corp | 1032569 |
| 21998 | (a) | Addus HomeCare Corp | 2299891 |
| 384071 | (a) | agilon health, Inc | 1636142 |
| 17003 | (a),(b) | AirSculpt Technologies, Inc | 36897 |
| 126752 | (a) | Alignment Healthcare, Inc | 2246045 |
| 126853 | (a) | Alphatec Holdings, Inc | 1392846 |
| 50396 | (a) | AMN Healthcare Services, Inc | 1029590 |
| 51827 | (a) | Angiodynamics, Inc | 481473 |
| 19370 | (a),(b) | Anteris Technologies Global Corp | 95881 |
| 53817 | (a) | Apollo Medical Holdings, Inc | 1677476 |
| 30670 | (a) | Ardent Health Partners, Inc | 390429 |
| 58710 | (a) | AtriCure, Inc | 1756016 |
| 62533 | (a) | Avanos Medical, Inc | 784789 |
| 60420 | (a) | Aveanna Healthcare Holdings, Inc | 278536 |
| 54514 | (a) | Axogen, Inc | 886943 |
| 17044 | (a) | Beta Bionics, Inc | 188336 |
| 50773 | (a) | Bioventus, Inc | 371151 |
| 70765 | (a),(b) | BrightSpring Health Services, Inc | 1240510 |
| 247740 | (a) | Brookdale Senior Living, Inc | 1625174 |
| 33263 | (a) | Castle Biosciences, Inc | 666923 |
| 15665 | (a) | Ceribell, Inc | 252050 |
| 237114 | (a) | Cerus Corp | 312990 |
| 160384 | (a) | Community Health Systems, Inc | 437848 |

---

*See Notes to Financial Statements* 99

------

Small Cap Blend Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | HEALTH CARE EQUIPMENT & SERVICES (continued) |  |
| 138533 | (b) | Concentra Group Holdings Parent, Inc | $3013093 |
| 39162 |  | Conmed Corp | 1923246 |
| 33736 | (a) | Corvel Corp | 3669127 |
| 37288 | (a) | Cross Country Healthcare, Inc | 505252 |
| 49896 | (a) | CryoLife, Inc | 1182036 |
| 15323 | (a) | CVRx, Inc | 112164 |
| 71723 | (a) | Definitive Healthcare Corp | 195087 |
| 136849 | (a),(b) | DocGo, Inc | 305173 |
| 68682 |  | Embecta Corp | 837234 |
| 57663 | (a) | Enhabit, Inc | 460727 |
| 70197 |  | Ensign Group, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9054711 |
| 149014 | (a) | Evolent Health, Inc | 1469278 |
| 45180 | (a),(b) | Fractyl Health, Inc | 57379 |
| 27932 | (a) | Fulgent Genetics, Inc | 484620 |
| 15569 | (a) | GeneDx Holdings Corp | 1040788 |
| 61519 | (a) | Glaukos Corp | 5798166 |
| 150676 | (a) | Guardant Health, Inc | 7116427 |
| 62898 | (a) | Haemonetics Corp | 3963832 |
| 76936 | (a) | Health Catalyst, Inc | 303897 |
| 108346 | (a) | HealthEquity, Inc | 9287419 |
| 30326 |  | HealthStream, Inc | 1019863 |
| 243376 | (a) | Hims & Hers Health, Inc | 8055746 |
| 26946 | (a) | ICU Medical, Inc | 3680554 |
| 25023 | (a) | InfuSystem Holdings, Inc | 118109 |
| 85134 | (a) | Inmode Ltd | 1200389 |
| 21483 | (a) | Innovage Holding Corp | 67242 |
| 32057 | (a) | Inogen, Inc | 228566 |
| 42379 | (a) | Integer Holdings Corp | 5352891 |
| 87555 | (a) | Integra LifeSciences Holdings Corp | 1435026 |
| 9882 |  | iRadimed Corp | 517916 |
| 39651 | (a) | iRhythm Technologies, Inc | 4238295 |
| 15418 | (a) | Joint Corp | 154334 |
| 86925 | (a) | Lantheus Holdings, Inc | 9069754 |
| 25330 |  | LeMaitre Vascular, Inc | 2298444 |
| 46916 | (a) | LifeMD, Inc | 345302 |
| 171937 | (a) | LifeStance Health Group, Inc | 1129626 |
| 68088 | (a) | LivaNova plc | 2519256 |
| 72177 | (a) | Merit Medical Systems, Inc | 6817118 |
| 13635 | (a),(b) | ModivCare, Inc | 16226 |
| 73732 | (a),(b) | Nano-X Imaging Ltd | 370872 |
| 16009 |  | National Healthcare Corp | 1512690 |
| 19429 |  | National Research Corp | 220713 |
| 281153 | (a) | Neogen Corp | 1419823 |
| 165130 | (a) | NeoGenomics, Inc | 1056006 |
| 18420 | (a) | NeuroPace, Inc | 215330 |
| 132996 | (a) | Novocure Ltd | 2412547 |
| 56375 | (a) | Omnicell, Inc | 1762283 |
| 409092 | (a) | Opko Health, Inc | 564547 |
| 21914 | (a) | OptimizeRx Corp | 199856 |
| 216321 | (a) | Option Care Health, Inc | 6989332 |
| 99167 | (a) | OraSure Technologies, Inc | 296509 |
| 31439 | (a) | Orchestra BioMed Holdings, Inc | 93374 |
| 41700 | (a) | Orthofix Medical, Inc | 580047 |
| 20885 | (a) | OrthoPediatrics Corp | 434826 |
| 94117 | (a) | Owens & Minor, Inc | 664466 |
| 49341 | (a) | PACS Group, Inc | 475154 |
| 106252 | (a) | Pediatrix Medical Group, Inc | 1368526 |
| 41995 | (a) | Pennant Group, Inc | 1075912 |
| 91816 | (a) | Performant Financial Corp | 216686 |
| 69839 | (a) | Phreesia, Inc | 1743181 |
| 131950 | (a) | Privia Health Group, Inc | 3098186 |
| 55924 | (a) | PROCEPT BioRobotics Corp | 3018778 |

---

100 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | HEALTH CARE EQUIPMENT & SERVICES (continued) |  |
| 93151 | (a) | Progyny, Inc | $2127569 |
| 47757 | (a) | Pulmonx Corp | 230666 |
| 22441 | (a),(b) | Pulse Biosciences, Inc | 381946 |
| 55552 | (a) | Quipt Home Medical Corp | 119437 |
| 84083 | (a) | RadNet, Inc | 4404268 |
| 47627 | (a) | RxSight, Inc | 701069 |
| 5089 | (a),(b) | Sanara Medtech, Inc | 162543 |
| 70390 | (a) | Schrodinger, Inc | 1804096 |
| 139040 |  | Select Medical Holdings Corp | 2536090 |
| 8714 | (a),(b) | Semler Scientific, Inc | 281724 |
| 54102 | (a) | SI-BONE, Inc | 738492 |
| 47520 | (a) | Sight Sciences, Inc | 144936 |
| 20907 |  | Simulations Plus, Inc | 718155 |
| 4594 | (a) | Sonida Senior Living, Inc | 106673 |
| 62952 | (a) | STAAR Surgical Co | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1149504 |
| 73990 | (a),(b) | Stereotaxis, Inc | 147980 |
| 95172 | (a) | Surgery Partners, Inc | 2089025 |
| 17758 | (a) | SurModics, Inc | 497402 |
| 31396 | (a) | Tactile Systems Technology, Inc | 443312 |
| 133639 | (a) | Talkspace, Inc | 410272 |
| 83993 | (a) | Tandem Diabetes Care, Inc | 1415282 |
| 211917 | (a) | Teladoc Health, Inc | 1523683 |
| 41161 | (a),(b) | TransMedics Group, Inc | 3787224 |
| 61173 | (a) | Treace Medical Concepts, Inc | 433105 |
| 9076 | (a) | UFP Technologies, Inc | 1892709 |
| 19725 |  | US Physical Therapy, Inc | 1402645 |
| 3897 |  | Utah Medical Products, Inc | 201670 |
| 53665 | (a) | Varex Imaging Corp | 446493 |
| 47009 | (a) | Viemed Healthcare, Inc | 332354 |
| 99524 | (a) | Waystar Holding Corp | 3699307 |
| 34878 | (a) | Zimvie, Inc | 315995 |
| 18760 | (a),(b) | Zynex, Inc | 31142 |
|  |  | TOTAL HEALTH CARE EQUIPMENT & SERVICES | 184825826 |
|  |  | HOUSEHOLD & PERSONAL PRODUCTS - 0.6% |  |
| 43730 | (a),(b) | Beauty Health Co | 43358 |
| 11565 | (a) | Central Garden & Pet Co | 388121 |
| 65739 | (a) | Central Garden and Pet Co (Class A) | 1943902 |
| 61954 |  | Edgewell Personal Care Co | 1892695 |
| 89637 |  | Energizer Holdings, Inc | 2423785 |
| 131960 | (a) | Herbalife Ltd | 950112 |
| 108394 | (a) | Honest Co, Inc | 519207 |
| 22659 |  | Inter Parfums, Inc | 2474363 |
| 14608 | (a) | Medifast, Inc | 191949 |
| 18571 | (a) | Nature's Sunshine Products, Inc | 228795 |
| 67415 |  | Nu Skin Enterprises, Inc (Class A) | 426737 |
| 10997 |  | Oil-Dri Corp of America | 462864 |
| 118124 | (a),(b) | Olaplex Holdings, Inc | 154742 |
| 14485 | (a) | USANA Health Sciences, Inc | 406884 |
| 31500 | (a) | Waldencast plc | 85680 |
| 17145 |  | WD-40 Co | 3915232 |
|  |  | TOTAL HOUSEHOLD & PERSONAL PRODUCTS | 16508426 |
|  |  | INSURANCE - 2.3% |  |
| 59995 | (a) | AMBAC Financial Group, Inc | 478760 |
| 23078 |  | Amerisafe, Inc | 1072896 |
| 20323 | (a) | Bowhead Specialty Holdings, Inc | 816781 |
| 85863 | (a) | BRP Group, Inc | 3573618 |
| 127762 |  | CNO Financial Group, Inc | 4847290 |
| 15196 |  | Crawford & Co | 168980 |
| 19550 |  | Donegal Group, Inc (Class A) | 378293 |
| 31578 |  | Employers Holdings, Inc | 1534375 |
| 16030 | (a) | Enstar Group Ltd | 5360592 |
| 22400 |  | F&G Annuities & Life, Inc | 779744 |

---

*See Notes to Financial Statements* 101

------

Small Cap Blend Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | INSURANCE (continued) |  |
| 61873 |  | Fidelis Insurance Holdings Ltd | $1011624 |
| 536395 | (a) | Genworth Financial, Inc (Class A) | 3679670 |
| 5436 | (a) | GoHealth, Inc | 57241 |
| 28345 |  | Goosehead Insurance, Inc | 2755417 |
| 29915 | (a) | Greenlight Capital Re Ltd (Class A) | 392335 |
| 51454 | (a) | Hamilton Insurance Group Ltd | 951899 |
| 10637 | (b) | HCI Group, Inc | 1556193 |
| 27213 | (a) | Heritage Insurance Holdings, Inc | 514326 |
| 24802 | (a) | Hippo Holdings, Inc | 573422 |
| 51238 |  | Horace Mann Educators Corp | 2128427 |
| 1606 |  | Investors Title Co | 371291 |
| 39977 |  | James River Group Holdings Ltd | 190291 |
| 15529 | (a) | Kingsway Financial Services, Inc | 134326 |
| 65227 | (a),(b) | Lemonade, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1905933 |
| 115265 | (a),(b) | Maiden Holdings Ltd | 161371 |
| 62428 | (a) | MBIA, Inc | 292787 |
| 33067 |  | Mercury General Corp | 1832573 |
| 11769 | (a) | NI Holdings, Inc | 147113 |
| 254207 | (a) | Oscar Health, Inc | 3307233 |
| 32860 | (a) | Palomar Holdings, Inc | 4765357 |
| 62481 | (a) | ProAssurance Corp | 1450184 |
| 10987 | (a) | Root, Inc | 1534554 |
| 18460 |  | Safety Insurance Group, Inc | 1412190 |
| 76813 |  | Selective Insurance Group, Inc | 6700398 |
| 169109 | (a) | Selectquote, Inc | 536076 |
| 116852 | (a) | SiriusPoint Ltd | 1963114 |
| 47480 | (a) | Skyward Specialty Insurance Group, Inc | 2520713 |
| 33875 |  | Stewart Information Services Corp | 2218135 |
| 33806 |  | Tiptree, Inc | 754212 |
| 40569 | (a) | Trupanion, Inc | 1484825 |
| 28478 |  | United Fire Group, Inc | 787986 |
| 31184 |  | United Insurance Holdings Corp | 356433 |
| 30563 |  | Universal Insurance Holdings, Inc | 740847 |
|  |  | TOTAL INSURANCE | 68199825 |
|  |  | MATERIALS - 3.9% |  |
| 33406 | (a) | Advanced Emissions Solutions, Inc | 126609 |
| 32143 |  | AdvanSix, Inc | 688503 |
| 13579 | (a) | Alpha Metallurgical Resources, Inc | 1647812 |
| 38046 |  | American Vanguard Corp | 160554 |
| 195791 |  | Ardagh Metal Packaging S.A. | 726385 |
| 68518 | (a),(b) | ASP Isotopes, Inc | 361775 |
| 79148 | (a) | Aspen Aerogels, Inc | 427399 |
| 114301 |  | Avient Corp | 3807366 |
| 40806 |  | Balchem Corp | 6388179 |
| 67495 |  | Cabot Corp | 5301057 |
| 22143 |  | Caledonia Mining Corp plc | 291623 |
| 60747 |  | Carpenter Technology Corp | 11882721 |
| 68709 | (a) | Century Aluminum Co | 1127515 |
| 18482 | (a) | Clearwater Paper Corp | 496427 |
| 789460 | (a) | Coeur Mining, Inc | 4381503 |
| 143582 |  | Commercial Metals Co | 6395142 |
| 38394 |  | Compass Minerals International, Inc | 516015 |
| 166236 | (a) | Constellium SE | 1680646 |
| 13512 | (a),(b) | Contango ORE, Inc | 189979 |
| 10158 | (a) | Core Molding Technologies, Inc | 156230 |
| 9649 | (a),(b) | Critical Metals Corp | 15535 |
| 90054 | (a) | Dakota Gold Corp | 243146 |
| 149140 | (a) | Ecovyst, Inc | 891857 |
| 30374 |  | Greif, Inc (Class A) | 1594028 |
| 5661 |  | Greif, Inc (Class B) | 314582 |
| 69814 |  | H.B. Fuller Co | 3772749 |
| 24481 |  | Hawkins, Inc | 2981296 |

---

102 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | MATERIALS (continued) |  |
| 754212 |  | Hecla Mining Co | $4314093 |
| 417533 | (a),(b) | i-80 Gold Corp | 256449 |
| 46833 | (a) | Ingevity Corp | 1544552 |
| 31275 |  | Innospec, Inc | 2798487 |
| 15133 | (a) | Intrepid Potash, Inc | 499994 |
| 113270 | (a) | Ivanhoe Electric, Inc | 713601 |
| 20923 |  | Kaiser Aluminum Corp | 1348697 |
| 71573 | (a) | Knife River Corp | 6683487 |
| 25927 |  | Koppers Holdings, Inc | 649731 |
| 18269 |  | Kronos Worldwide, Inc | 140854 |
| 49406 | (a),(b) | Lifezone Metals Ltd | 176873 |
| 73197 | (a) | LSB Industries, Inc | 466997 |
| 25512 |  | Materion Corp | 2117751 |
| 68176 | (a) | Metals Acquisition Ltd | 612902 |
| 39156 |  | Minerals Technologies, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2020058 |
| 49769 |  | Myers Industries, Inc | 522574 |
| 10495 | (b) | Northern Technologies International Corp | 78188 |
| 315218 | (a) | Novagold Resources, Inc | 1333372 |
| 192965 | (a) | O-I Glass, Inc | 2442937 |
| 13469 |  | Olympic Steel, Inc | 434375 |
| 74081 |  | Orion S.A. | 891935 |
| 165820 | (a) | Perimeter Solutions, Inc | 1679757 |
| 51867 | (a) | Perpetua Resources Corp | 764001 |
| 24661 | (a),(b) | Piedmont Lithium, Inc | 184464 |
| 144601 | (a),(b) | PureCycle Technologies, Inc | 970273 |
| 18232 |  | Quaker Chemical Corp | 1931498 |
| 7313 |  | Ramaco Resources, Inc | 67060 |
| 31252 | (b) | Ramaco Resources, Inc | 315020 |
| 57761 | (a) | Ranpak Holdings Corp | 237398 |
| 83699 | (a) | Rayonier Advanced Materials, Inc | 356558 |
| 32010 |  | Ryerson Holding Corp | 748394 |
| 34222 |  | Schnitzer Steel Industries, Inc (Class A) | 1003731 |
| 51094 |  | Schweitzer-Mauduit International, Inc | 261090 |
| 52938 |  | Sensient Technologies Corp | 4973525 |
| 6070 | (a),(b) | Smith-Midland Corp | 182039 |
| 255807 | (a) | SSR Mining, Inc | 2721786 |
| 26874 |  | Stepan Co | 1358749 |
| 101262 |  | SunCoke Energy, Inc | 917434 |
| 42914 |  | Sylvamo Corp | 2558533 |
| 53884 | (a) | TimkenSteel Corp | 681633 |
| 24258 | (a) | Tredegar Corp | 188485 |
| 52601 |  | Trimas Corp | 1265054 |
| 156001 |  | Tronox Holdings plc | 843965 |
| 13265 |  | United States Lime & Minerals, Inc | 1240410 |
| 1005 |  | Valhi, Inc | 17326 |
| 65198 |  | Warrior Met Coal, Inc | 3117768 |
| 42462 |  | Worthington Steel, Inc | 1089575 |
|  |  | TOTAL MATERIALS | 116290066 |
|  |  | MEDIA & ENTERTAINMENT - 1.8% |  |
| 143211 | (a) | Advantage Solutions, Inc | 191903 |
| 494960 | (a) | AMC Entertainment Holdings, Inc | 1321543 |
| 43573 | (a) | AMC Networks, Inc | 278867 |
| 12450 | (a),(b) | Atlanta Braves Holdings, Inc | 540953 |
| 63272 | (a) | Atlanta Braves Holdings, Inc | 2522022 |
| 30157 | (a) | Boston Omaha Corp | 468338 |
| 107266 | (a) | Bumble, Inc | 452663 |
| 7309 |  | Cable One, Inc | 1953476 |
| 54319 | (a),(b) | Cardlytics, Inc | 78219 |
| 107936 | (a) | Cargurus, Inc | 3017891 |
| 79177 | (a) | Cars.com, Inc | 921620 |
| 140088 |  | Cinemark Holdings, Inc | 4190032 |
| 452701 | (a) | Clear Channel Outdoor Holdings, Inc | 445548 |

---

*See Notes to Financial Statements* 103

------

Small Cap Blend Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | MEDIA & ENTERTAINMENT (continued) |  |
| 1849 | (a) | Daily Journal Corp | $700734 |
| 152487 | (a),(b) | EchoStar Corp (Class A) | 3427908 |
| 19910 | (b) | Emerald Holding, Inc | 78246 |
| 78418 |  | Entravision Communications Corp (Class A) | 143505 |
| 111285 | (a) | Eventbrite, Inc | 235924 |
| 32174 | (a) | EverQuote, Inc | 763811 |
| 421261 | (a) | fuboTV, Inc | 1263783 |
| 18540 | (a) | Gambling.com Group Ltd | 238610 |
| 167414 | (a) | Gannett Co, Inc | 535725 |
| 135943 | (a),(b) | Getty Images Holdings, Inc | 259651 |
| 26520 | (a),(b) | Golden Matrix Group, Inc | 49858 |
| 116164 |  | Gray Television, Inc | 389149 |
| 31057 | (a) | Grindr, Inc | 682322 |
| 18575 | (a),(b) | Ibotta, Inc | 906460 |
| 137008 | (a) | iHeartMedia, Inc | 141118 |
| 55559 | (a) | IMAX Corp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1351751 |
| 97131 | (a) | Integral Ad Science Holding Corp | 686716 |
| 49657 |  | John Wiley & Sons, Inc (Class A) | 2167032 |
| 78321 | (a),(b) | Lions Gate Entertainment Corp (Class A) | 695491 |
| 159743 | (a) | Lions Gate Entertainment Corp (Class B) | 1274749 |
| 89692 | (a),(b) | LiveOne, Inc | 78785 |
| 48593 | (a) | Madison Square Garden Entertainment Corp | 1576357 |
| 156567 | (a) | Magnite, Inc | 1861582 |
| 30233 |  | Marcus Corp | 493100 |
| 39531 | (a) | MediaAlpha, Inc | 332060 |
| 88073 |  | National CineMedia, Inc | 504658 |
| 236150 | (a) | Nextdoor Holdings, Inc | 347141 |
| 55980 | (a) | Outbrain, Inc | 198169 |
| 110418 | (a) | Playstudios, Inc | 140231 |
| 54478 | (a) | PubMatic, Inc | 532250 |
| 69954 | (a) | QuinStreet, Inc | 1225594 |
| 28672 | (a) | Reservoir Media, Inc | 215040 |
| 31672 |  | Scholastic Corp | 571046 |
| 27326 |  | Shutterstock, Inc | 436123 |
| 41506 |  | Sinclair, Inc | 597686 |
| 32845 | (a),(b) | Sphere Entertainment Co | 895026 |
| 107265 | (a) | Stagwell, Inc | 598539 |
| 34112 | (a),(b) | System1, Inc | 19710 |
| 34289 | (a) | TechTarget, Inc | 273283 |
| 204445 |  | TEGNA, Inc | 3318142 |
| 47661 | (a) | Thryv Holdings, Inc | 652956 |
| 15132 |  | Townsquare Media, Inc | 100174 |
| 115068 | (a) | TrueCar, Inc | 171451 |
| 174234 | (a) | Vimeo, Inc | 878139 |
| 97832 | (a),(b) | Vivid Seats, Inc | 274908 |
| 18931 | (a),(b) | Webtoon Entertainment, Inc | 170379 |
| 73523 | (a) | WideOpenWest, Inc | 322031 |
| 79965 | (a) | Yelp, Inc | 2805172 |
| 51941 | (a) | Ziff Davis, Inc | 1533818 |
| 96597 | (a) | ZipRecruiter, Inc | 498441 |
|  |  | TOTAL MEDIA & ENTERTAINMENT | 53997609 |
|  |  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 10.7% |  |
| 50936 | (a),(b) | 2seventy bio, Inc | 254171 |
| 40444 | (a) | 4D Molecular Therapeutics, Inc | 136296 |
| 144944 | (a) | 89bio, Inc | 1162451 |
| 108711 | (a) | Absci Corp | 333743 |
| 149469 | (a) | Acadia Pharmaceuticals, Inc | 2182247 |
| 94925 | (a),(b) | ACELYRIN, Inc | 234465 |
| 46668 | (a),(b) | Achieve Life Sciences, Inc | 121337 |
| 11821 | (a) | Acrivon Therapeutics, Inc | 16549 |
| 35556 | (a),(b) | Actinium Pharmaceuticals, Inc | 54045 |
| 56664 | (a),(b) | Acumen Pharmaceuticals, Inc | 64030 |

---

104 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES (continued) |  |
| 107119 | (a),(b) | Adagio Therapeutics, Inc | $67506 |
| 144088 | (a) | Adaptive Biotechnologies Corp | 1060488 |
| 94938 | (a) | ADC Therapeutics S.A. | 135761 |
| 288572 | (a) | ADMA Biologics, Inc | 6868014 |
| 28229 | (a),(b) | Adverum Biotechnologies, Inc | 92027 |
| 440 | (b) | Aerovate Therapeutics, Inc | 4176 |
| 3303 | (a),(b) | Agenus, Inc | 9546 |
| 72273 | (a) | Agios Pharmaceuticals, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2145785 |
| 280416 | (a) | Akebia Therapeutics, Inc | 675803 |
| 94111 | (a) | Akero Therapeutics, Inc | 4292403 |
| 33158 | (a),(b) | Akoya Biosciences, Inc | 39790 |
| 62944 | (a) | Aldeyra Therapeutics, Inc | 166802 |
| 109634 | (a) | Alector, Inc | 131561 |
| 202476 | (a) | Alkermes plc | 5825235 |
| 170147 | (a),(b) | Allogene Therapeutics, Inc | 285847 |
| 90427 | (a),(b) | Altimmune, Inc | 474742 |
| 28262 | (a),(b) | Alto Neuroscience, Inc | 70372 |
| 17097 | (a),(b) | Alumis, Inc | 70782 |
| 36722 | (a),(b) | ALX Oncology Holdings, Inc | 19830 |
| 367750 | (a) | Amicus Therapeutics, Inc | 2824320 |
| 203186 | (a) | Amneal Pharmaceuticals, Inc | 1556405 |
| 49661 | (a) | Amphastar Pharmaceuticals, Inc | 1212225 |
| 26611 | (a),(b) | AnaptysBio, Inc | 591296 |
| 89072 | (a),(b) | Anavex Life Sciences Corp | 846184 |
| 22784 | (a) | ANI Pharmaceuticals, Inc | 1613563 |
| 18321 | (a) | Anika Therapeutics, Inc | 266204 |
| 127185 | (a) | Annexon, Inc | 236564 |
| 46522 | (a) | Apogee Therapeutics, Inc | 1825988 |
| 130554 | (a),(b) | Applied Therapeutics, Inc | 53423 |
| 100616 | (a),(b) | Aquestive Therapeutics, Inc | 294302 |
| 189039 | (a) | Arbutus Biopharma Corp | 671088 |
| 55291 | (a) | Arcellx, Inc | 3591150 |
| 31233 | (a) | Arcturus Therapeutics Holdings, Inc | 400095 |
| 73878 | (a) | Arcus Biosciences, Inc | 646432 |
| 131870 | (a) | Arcutis Biotherapeutics, Inc | 1966182 |
| 297612 | (a) | Ardelyx, Inc | 1638354 |
| 37327 | (a),(b) | ArriVent Biopharma, Inc | 793572 |
| 149190 | (a) | Arrowhead Pharmaceuticals, Inc | 2072249 |
| 63353 | (a),(b) | ARS Pharmaceuticals, Inc | 885041 |
| 18611 | (a) | Artiva Biotherapeutics, Inc | 44480 |
| 84375 | (a) | Arvinas, Inc | 811687 |
| 55991 | (a) | Astria Therapeutics, Inc | 288914 |
| 105147 | (a) | Atea Pharmaceuticals, Inc | 310184 |
| 170733 | (a) | Atossa Therapeutics, Inc | 153301 |
| 62773 | (a) | Aura Biosciences, Inc | 365967 |
| 173755 | (a) | Aurinia Pharmaceuticals, Inc | 1431741 |
| 109973 | (a) | Avadel Pharmaceuticals plc | 977660 |
| 143577 | (a) | Avidity Biosciences, Inc | 4687789 |
| 34057 | (a),(b) | Avita Medical, Inc | 330012 |
| 46825 | (a) | Axsome Therapeutics, Inc | 5257979 |
| 114564 | (a),(b) | Beam Therapeutics, Inc | 2283261 |
| 25028 | (a),(b) | Bicara Therapeutics, Inc | 359652 |
| 15448 | (a) | BioAge Labs, Inc | 64882 |
| 259682 | (a) | BioCryst Pharmaceuticals, Inc | 2298186 |
| 107679 | (a) | Biohaven Ltd | 2381859 |
| 47217 | (a) | BioLife Solutions, Inc | 1138402 |
| 37547 | (a),(b) | Biomea Fusion, Inc | 78849 |
| 36459 | (a) | Biote Corp | 121408 |
| 50392 | (a),(b) | Black Diamond Therapeutics, Inc | 85666 |
| 80149 | (a) | Blueprint Medicines Corp | 7173335 |
| 21523 | (a) | Boundless Bio, Inc | 37880 |
| 179067 | (a) | Bridgebio Pharma, Inc | 6869010 |

---

*See Notes to Financial Statements* 105

------

Small Cap Blend Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES (continued) |  |
| 79561 | (a),(b) | C4 Therapeutics, Inc | $130480 |
| 58462 | (a),(b) | Cabaletta Bio, Inc | 77170 |
| 36870 | (a),(b) | Candel Therapeutics, Inc | 181032 |
| 41020 | (a),(b) | Capricor Therapeutics, Inc | 520954 |
| 75661 | (a),(b) | Cardiff Oncology, Inc | 207311 |
| 61616 | (a) | CareDx, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1040078 |
| 45599 | (a),(b) | Cargo Therapeutics, Inc | 208387 |
| 111659 | (a),(b) | Caribou Biosciences, Inc | 95011 |
| 51056 | (a),(b) | Cassava Sciences, Inc | 79647 |
| 9472 | (a),(b) | Catalyst Biosciences, Inc | 92447 |
| 142870 | (a) | Catalyst Pharmaceuticals, Inc | 3470312 |
| 42365 | (a) | Celcuity, Inc | 471946 |
| 80921 | (a) | Celldex Therapeutics, Inc | 1685584 |
| 62039 | (a) | Century Therapeutics, Inc | 33600 |
| 65969 | (a) | CG oncology, Inc | 1777205 |
| 78524 | (a),(c) | Chinook Therapeutics, Inc | 30624 |
| 53281 | (a) | ChromaDex Corp | 418256 |
| 20234 | (a) | Cibus, Inc | 43503 |
| 105313 | (a) | Codexis, Inc | 242220 |
| 118814 | (a) | Cogent Biosciences, Inc | 619021 |
| 95056 | (a),(b) | Coherus Biosciences, Inc | 97908 |
| 39576 | (a) | Collegium Pharmaceutical, Inc | 1068354 |
| 124245 | (a),(b) | Compass Therapeutics, Inc | 231096 |
| 13307 | (a) | Contineum Therapeutics, Inc | 54692 |
| 13792 | (a),(b) | Corbus Pharmaceuticals Holdings, Inc | 103026 |
| 101846 | (a) | Corcept Therapeutics, Inc | 7320690 |
| 74251 | (a),(b) | CorMedix, Inc | 682367 |
| 115506 | (a) | Crinetics Pharmaceuticals, Inc | 3856745 |
| 59106 | (a) | CryoPort, Inc | 329811 |
| 68727 | (a) | Cullinan Oncology, Inc | 569060 |
| 152388 | (a) | Cytek Biosciences, Inc | 565359 |
| 143643 | (a) | Cytokinetics, Inc | 6153666 |
| 70965 | (a) | Day One Biopharmaceuticals, Inc | 552108 |
| 160496 | (a) | Denali Therapeutics, Inc | 2672258 |
| 36533 | (a),(b) | Design Therapeutics, Inc | 177550 |
| 7309 | (a),(b) | Diffusion Pharmaceuticals, Inc | 66220 |
| 27548 | (a) | Disc Medicine, Inc | 1361422 |
| 171022 | (a) | Dynavax Technologies Corp | 2009508 |
| 107095 | (a) | Dyne Therapeutics, Inc | 1262650 |
| 89095 | (a) | Edgewise Therapeutics, Inc | 1461158 |
| 111593 | (a),(b) | Editas Medicine, Inc | 184128 |
| 70813 | (a) | Elevation Oncology, Inc | 26314 |
| 39034 | (a),(b) | Eliem Therapeutics, Inc | 52306 |
| 25834 | (a) | Enanta Pharmaceuticals, Inc | 157329 |
| 45563 | (a),(b) | Enliven Therapeutics, Inc | 862963 |
| 151681 | (a),(b) | Enochian Biosciences Inc | 54560 |
| 33481 | (a) | Entrada Therapeutics, Inc | 305682 |
| 235428 | (a) | Erasca, Inc | 343725 |
| 244777 | (a),(b) | Esperion Thereapeutics, Inc | 244630 |
| 65825 | (a) | Evolus, Inc | 750405 |
| 85530 | (a) | EyePoint Pharmaceuticals, Inc | 583315 |
| 136284 | (a) | Fate Therapeutics, Inc | 174444 |
| 24461 | (a),(b) | Fennec Pharmaceuticals, Inc | 147744 |
| 34540 | (a) | Fibrobiologics, Inc | 38685 |
| 385828 | (a) | Fluidigm Corp | 428269 |
| 33661 | (a) | Foghorn Therapeutics, Inc | 141376 |
| 8283 | (a),(b) | Frequency Therapeutics, Inc | 147023 |
| 67540 | (a) | Fulcrum Therapeutics, Inc | 260029 |
| 27623 | (a),(b) | Galectin Therapeutics, Inc | 37844 |
| 64890 | (a) | Generation Bio Co | 28104 |
| 774921 | (a) | Geron Corp | 1092639 |
| 8122 | (a),(b) | Greenwich Lifesciences, Inc | 82032 |

---

106 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES (continued) |  |
| 157530 | (a) | Halozyme Therapeutics, Inc | $9675493 |
| 49502 | (a) | Harmony Biosciences Holdings, Inc | 1458824 |
| 39598 | (a) | Harrow Health, Inc | 980842 |
| 159504 | (a),(b) | Heron Therapeutics, Inc | 386000 |
| 119313 | (a),(b) | Humacyte, Inc | 173004 |
| 110921 | (a) | Ideaya Biosciences, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2232840 |
| 20139 | (a) | IGM Biosciences, Inc | 27893 |
| 192396 | (a),(b) | ImmunityBio, Inc | 482914 |
| 91913 | (a),(b) | Immunome, Inc | 807915 |
| 76690 | (a) | Immunovant, Inc | 1238543 |
| 15302 | (a) | Inhibrx Biosciences, Inc | 188674 |
| 43946 | (a),(c) | Inhibrx, Inc | 28455 |
| 16518 | (a),(b) | Inmune Bio, Inc | 129831 |
| 68632 | (a) | Innoviva, Inc | 1282732 |
| 34467 | (a) | Inovio Pharmaceuticals, Inc | 66866 |
| 65457 | (a),(b) | Inozyme Pharma, Inc | 75276 |
| 217655 | (a) | Insmed, Inc | 15671160 |
| 131008 | (a) | Intellia Therapeutics, Inc | 1162041 |
| 332649 | (a) | Iovance Biotherapeutics, Inc | 1194210 |
| 33162 | (a) | iTeos Therapeutics, Inc | 240424 |
| 38114 | (a) | Janux Therapeutics, Inc | 1265385 |
| 15363 | (a),(b) | Jasper Therapeutics, Inc | 84343 |
| 50515 | (a) | KalVista Pharmaceuticals, Inc | 695592 |
| 42854 | (a) | Keros Therapeutics, Inc | 618812 |
| 50664 | (a) | Kiniksa Pharmaceuticals Ltd | 1366408 |
| 40805 | (a) | Kodiak Sciences, Inc | 177910 |
| 31101 | (a) | Krystal Biotech, Inc | 5283438 |
| 98481 | (a) | Kura Oncology, Inc | 646035 |
| 58381 | (a) | Kymera Therapeutics, Inc | 2000717 |
| 22848 | (a),(b) | Kyverna Therapeutics, Inc | 52779 |
| 28837 | (a),(b) | Landec Corp | 194938 |
| 57035 | (a) | Larimar Therapeutics, Inc | 151143 |
| 13582 | (a),(b) | LENZ Therapeutics, Inc | 387291 |
| 31235 | (a),(b) | Lexeo Therapeutics, Inc | 122754 |
| 23070 | (a) | Ligand Pharmaceuticals, Inc (Class B) | 2534470 |
| 176749 | (a),(b) | Lineage Cell Therapeutics, Inc | 88198 |
| 81957 | (a) | Liquidia Corp | 1144939 |
| 242546 | (a) | Lyell Immunopharma, Inc | 115258 |
| 82092 | (a) | MacroGenics, Inc | 142430 |
| 22653 | (a) | Madrigal Pharmaceuticals, Inc | 7564063 |
| 30944 | (a),(b) | Magenta Therapeutics, Inc | 676126 |
| 333823 | (a) | MannKind Corp | 1682468 |
| 150024 | (a) | Maravai LifeSciences Holdings, Inc | 303048 |
| 141895 | (a),(b) | MaxCyte, Inc | 402982 |
| 11375 | (a) | Maze Therapeutics, Inc | 105219 |
| 14471 | (a),(b) | MBX Biosciences, Inc | 151801 |
| 10799 | (a),(b) | MediWound Ltd | 191196 |
| 60312 | (a) | MeiraGTx Holdings plc | 427612 |
| 151201 | (a) | Mersana Therapeutics, Inc | 65455 |
| 6237 |  | Mesa Laboratories, Inc | 718814 |
| 35497 | (a),(b) | Metagenomi, Inc | 61410 |
| 19946 | (a) | Metsera, Inc | 480898 |
| 143623 | (a) | MiMedx Group, Inc | 988126 |
| 95458 | (a),(b) | Mind Medicine MindMed, Inc | 609977 |
| 32378 | (a) | Mineralys Therapeutics, Inc | 460091 |
| 51142 | (a) | Mirum Pharmaceuticals, Inc | 2222120 |
| 55041 | (a),(b) | Monte Rosa Therapeutics, Inc | 270251 |
| 108676 | (a) | Myriad Genetics, Inc | 805289 |
| 66458 | (a) | Nautilus Biotechnology, Inc | 45763 |
| 241869 | (a) | Nektar Therapeutics | 192407 |
| 109386 | (a),(b) | Neumora Therapeutics, Inc | 85299 |
| 13965 | (a),(b) | Neurogene, Inc | 209475 |

---

*See Notes to Financial Statements* 107

------

Small Cap Blend Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES (continued) |  |
| 71802 | (a) | Nkarta, Inc | $152220 |
| 186586 | (a),(b) | Novavax, Inc | 1244529 |
| 97424 | (a) | Nurix Therapeutics, Inc | 1123299 |
| 44041 | (a) | Nuvalent, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3380147 |
| 200969 | (a),(b) | Nuvation Bio, Inc | 452180 |
| 346835 | (a),(b) | Ocugen, Inc | 259155 |
| 201659 | (a) | Ocular Therapeutix, Inc | 1673770 |
| 54197 | (a) | Olema Pharmaceuticals, Inc | 279657 |
| 73296 | (a),(b) | Omeros Corp | 538726 |
| 7972 | (a),(c) | OmniAb Operations, Inc | 80 |
| 7972 | (a),(c) | OmniAb Operations, Inc | 80 |
| 126229 | (a) | OmniAb, Inc | 214589 |
| 88799 | (a) | Organogenesis Holdings, Inc | 436003 |
| 83554 | (a) | ORIC Pharmaceuticals, Inc | 477093 |
| 82414 | (a) | Ovid therapeutics, Inc | 26958 |
| 270184 | (a),(b) | Pacific Biosciences of California, Inc | 299904 |
| 59431 | (a) | Pacira BioSciences, Inc | 1598694 |
| 21071 | (a),(b) | PepGen, Inc | 33081 |
| 71907 | (a) | Perspective Therapeutics, Inc | 176172 |
| 45253 | (a),(b) | Phathom Pharmaceuticals, Inc | 194135 |
| 23687 |  | Phibro Animal Health Corp | 440815 |
| 76493 | (a) | Pliant Therapeutics, Inc | 121624 |
| 20245 | (a) | Praxis Precision Medicines, Inc | 762022 |
| 185473 | (a),(b) | Precigen, Inc | 289338 |
| 13804 | (a) | Prelude Therapeutics, Inc | 13248 |
| 63033 | (a) | Prestige Consumer Healthcare, Inc. | 5120171 |
| 77263 | (a),(b) | Prime Medicine, Inc | 133665 |
| 138262 | (a) | ProKidney Corp | 122445 |
| 74903 | (a) | Protagonist Therapeutics, Inc | 3432055 |
| 56664 | (a) | Prothena Corp plc | 521309 |
| 96184 | (a) | PTC Therapeutics, Inc | 4793811 |
| 55922 | (a) | Puma Biotechnology, Inc | 177832 |
| 66164 | (a),(b) | Pyxis Oncology, Inc | 72780 |
| 8168 | (a),(b) | Q32 Bio, Inc | 13069 |
| 47125 | (a) | Quanterix Corp | 271440 |
| 127709 | (a),(b) | Quantum-Si, Inc | 145588 |
| 21873 | (a),(b) | Rapport Therapeutics, Inc | 250446 |
| 39628 | (a),(b) | RAPT Therapeutics, Inc | 36727 |
| 310911 | (a),(b) | Recursion Pharmaceuticals, Inc | 1737992 |
| 62504 | (a) | REGENXBIO, Inc | 600663 |
| 85602 | (a) | Regulus Therapeutics, Inc | 683104 |
| 158457 | (a) | Relay Therapeutics, Inc | 527662 |
| 88787 | (a) | Replimune Group, Inc | 868337 |
| 215025 | (a) | REVOLUTION Medicines, Inc | 8682709 |
| 68869 | (a) | Rhythm Pharmaceuticals, Inc | 4489570 |
| 23053 | (a) | Rigel Pharmaceuticals, Inc | 450917 |
| 99968 | (a) | Rocket Pharmaceuticals, Inc | 762756 |
| 71611 | (a) | Sage Therapeutics, Inc | 522044 |
| 179583 | (a),(b) | Sana Biotechnology, Inc | 341208 |
| 152381 | (a) | Savara, Inc | 487619 |
| 100898 | (a) | Scholar Rock Holding Corp | 3320553 |
| 39230 | (a),(b) | scPharmaceuticals, Inc | 100036 |
| 13477 | (a),(b) | Selecta Biosciences, Inc | 161724 |
| 23961 | (a),(b) | Septerna, Inc | 166769 |
| 37417 | (a) | Sera Prognostics, Inc | 110006 |
| 53038 | (a) | Shattuck Labs, Inc | 52455 |
| 48617 |  | SIGA Technologies, Inc | 268366 |
| 23389 | (a),(b) | Skye Bioscience, Inc | 50988 |
| 32128 | (a) | Soleno Therapeutics, Inc | 2405102 |
| 30501 | (a),(b) | Solid Biosciences, Inc | 100958 |
| 86093 | (a) | SpringWorks Therapeutics, Inc | 3986106 |
| 51803 | (a),(b) | Spyre Therapeutics, Inc | 788960 |

---

108 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES (continued) |  |
| 38629 | (a) | Stoke Therapeutics, Inc | $377019 |
| 114679 | (a),(b) | Summit Therapeutics, Inc | 2766057 |
| 63650 | (a) | Supernus Pharmaceuticals, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2067352 |
| 111073 | (a) | Sutro Biopharma, Inc | 116627 |
| 106799 | (a) | Syndax Pharmaceuticals, Inc | 1511206 |
| 64790 | (a) | Tango Therapeutics, Inc | 91354 |
| 47585 | (a) | Tarsus Pharmaceuticals, Inc | 2470137 |
| 217518 | (a),(b) | Taysha Gene Therapies, Inc | 421985 |
| 24990 | (a) | Telomir Pharmaceuticals, Inc | 63724 |
| 62367 | (a),(b) | Tenaya Therapeutics, Inc | 29624 |
| 91877 | (a) | Terns Pharmaceuticals, Inc | 303194 |
| 176227 | (a) | TG Therapeutics, Inc | 8020091 |
| 50083 | (a) | Theravance Biopharma, Inc | 489311 |
| 26824 | (a) | Third Harmonic Bio, Inc | 138680 |
| 29927 | (a) | Tourmaline Bio, Inc | 515044 |
| 103364 | (a) | Travere Therapeutics, Inc | 2151005 |
| 96463 | (a) | Trevi Therapeutics, Inc | 666559 |
| 52005 | (a) | TScan Therapeutics, Inc | 83468 |
| 74527 | (a) | Twist Bioscience Corp | 2855875 |
| 27572 | (a),(b) | Tyra Biosciences, Inc | 283992 |
| 22586 | (a) | Upstream Bio, Inc | 209146 |
| 46662 | (a),(b) | UroGen Pharma Ltd | 543146 |
| 77049 | (a) | Vanda Pharmaceuticals, Inc | 347491 |
| 157882 | (a) | Vaxcyte, Inc | 5658491 |
| 60524 | (a) | Ventyx Biosciences, Inc | 80497 |
| 58157 | (a) | Vera Therapeutics, Inc | 1359129 |
| 98475 | (a) | Veracyte, Inc | 3003488 |
| 50633 | (a),(b) | Verastem, Inc | 379241 |
| 61604 | (a) | Vericel Corp | 2342184 |
| 178557 | (a),(b) | Veru, Inc | 96724 |
| 86100 | (a) | Verve Therapeutics, Inc | 488187 |
| 121477 | (a) | Vir Biotechnology, Inc | 743439 |
| 95653 | (a) | Viridian Therapeutics, Inc | 1296098 |
| 62291 | (a) | Voyager Therapeutics, Inc | 221756 |
| 120711 | (a) | WaVe Life Sciences Ltd | 931889 |
| 41364 | (a) | Werewolf Therapeutics, Inc | 37323 |
| 24879 | (a),(b) | XBiotech, Inc | 75632 |
| 87918 | (a) | Xencor, Inc | 968856 |
| 164606 | (a) | Xeris Biopharma Holdings, Inc | 752249 |
| 9988 | (a) | XOMA Corp | 240112 |
| 49892 | (a) | Y-mAbs Therapeutics, Inc | 212041 |
| 19909 | (a),(b) | Zenas Biopharma, Inc | 230546 |
| 78566 | (a) | Zentalis Pharmaceuticals, Inc | 111564 |
| 68976 | (a),(b) | Zevra Therapeutics, Inc | 505594 |
| 58961 | (a) | Zura Bio Ltd | 90800 |
| 72589 | (a) | Zymeworks, Inc | 944383 |
|  |  | TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES | 318230965 |
|  |  | REAL ESTATE MANAGEMENT & DEVELOPMENT - 0.6% |  |
| 2110 | (a) | American Realty Investors, Inc | 25510 |
| 131809 | (a) | Anywhere Real Estate, Inc | 456059 |
| 465457 | (a) | Compass, Inc | 3593328 |
| 286073 | (a) | Cushman & Wakefield plc | 2680504 |
| 105003 | (b) | eXp World Holdings, Inc | 961828 |
| 24714 | (a) | Forestar Group, Inc | 475992 |
| 14302 | (a) | FRP Holdings, Inc | 380219 |
| 153067 |  | Kennedy-Wilson Holdings, Inc | 979629 |
| 30638 |  | Marcus & Millichap, Inc | 931395 |
| 9874 | (a) | Maui Land & Pineapple Co, Inc | 153343 |
| 161865 |  | Newmark Group, Inc | 1778896 |
| 13873 | (a),(b) | Offerpad Solutions, Inc | 15399 |
| 825962 | (a),(b) | Opendoor Technologies, Inc | 626327 |
| 11150 | (a) | Re/Max Holdings, Inc | 85298 |

---

*See Notes to Financial Statements* 109

------

Small Cap Blend Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | REAL ESTATE MANAGEMENT & DEVELOPMENT (continued) |  |
| 128847 | (a) | Real Brokerage, Inc | $568215 |
| 156592 | (a) | Redfin Corp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1489190 |
| 14550 |  | RMR Group, Inc | 213594 |
| 44416 |  | St. Joe Co | 1879685 |
| 12746 | (a) | Star Holdings | 85908 |
| 8230 | (a) | Stratus Properties, Inc | 130610 |
| 28670 | (a) | Tejon Ranch Co | 485383 |
| 1691 | (a) | Transcontinental Realty Investors, Inc | 48633 |
|  |  | TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT | 18044945 |
|  |  | SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 2.0% |  |
| 62012 | (a) | ACM Research, Inc | 1207374 |
| 36387 | (a),(b) | Aehr Test Systems | 310381 |
| 30740 | (a) | Alpha & Omega Semiconductor Ltd | 578834 |
| 47862 | (a) | Ambarella, Inc | 2296897 |
| 40948 | (a) | Axcelis Technologies, Inc | 2005633 |
| 28763 | (a) | Ceva, Inc | 753878 |
| 16 | (a),(c) | China Energy Savings Technology, Inc | 0 |
| 58392 | (a) | Cohu, Inc | 934272 |
| 179065 | (a) | Credo Technology Group Holding Ltd | 7708748 |
| 57629 | (a) | Diodes, Inc | 2212954 |
| 25997 | (a) | Everspin Technologies, Inc | 137784 |
| 100271 | (a) | Formfactor, Inc | 2821626 |
| 41068 | (a) | Ichor Holdings Ltd | 812325 |
| 28385 | (a) | Impinj, Inc | 2615110 |
| 223059 | (a),(b) | indie Semiconductor, Inc | 443887 |
| 64868 |  | Kulicke & Soffa Industries, Inc | 2090696 |
| 96245 | (a) | MaxLinear, Inc | 961488 |
| 171716 | (a),(b) | Navitas Semiconductor Corp | 331412 |
| 4872 |  | NVE Corp | 283112 |
| 36356 | (a) | PDF Solutions, Inc | 667133 |
| 74478 | (a) | Photronics, Inc | 1360713 |
| 71549 |  | Power Integrations, Inc | 3514487 |
| 18565 | (a),(b) | QuickLogic Corp | 106006 |
| 134471 | (a) | Rambus, Inc | 6560840 |
| 235813 | (a),(b) | Rigetti Computing, Inc | 2091661 |
| 92654 | (a) | Semtech Corp | 2895437 |
| 40511 | (a) | Silicon Laboratories, Inc | 4122399 |
| 23429 | (a) | SiTime Corp | 3440783 |
| 37108 | (a),(b) | SkyWater Technology, Inc | 263096 |
| 67443 | (a) | SMART Global Holdings, Inc | 1151252 |
| 51316 | (a) | Synaptics, Inc | 2856249 |
| 58417 | (a) | Ultra Clean Holdings | 1092690 |
| 73250 | (a) | Veeco Instruments, Inc | 1369775 |
|  |  | TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT | 59998932 |
|  |  | SOFTWARE & SERVICES - 6.5% |  |
| 154489 | (a) | 8x8, Inc | 273446 |
| 89255 |  | A10 Networks, Inc | 1470922 |
| 132984 | (a) | ACI Worldwide, Inc | 7096026 |
| 139868 |  | Adeia, Inc | 1721775 |
| 27721 | (a) | Agilysys, Inc | 2061056 |
| 59753 | (a) | Alarm.com Holdings, Inc | 3202761 |
| 78320 | (a) | Alkami Technology, Inc | 2090361 |
| 103285 | (a) | Amplitude, Inc | 949189 |
| 52184 | (a) | Appian Corp | 1620313 |
| 230309 | (a),(b) | Applied Digital Corp | 1045603 |
| 37316 | (a) | Arteris, Inc | 248525 |
| 103545 | (a) | Asana, Inc | 1671216 |
| 54535 | (a) | ASGN, Inc | 2747473 |
| 9437 | (a) | AudioEye, Inc | 102391 |
| 1211818 | (a) | Aurora Innovation, Inc | 8773562 |
| 163854 | (a) | AvePoint, Inc | 2679013 |
| 53607 | (a) | Backblaze, Inc | 235871 |

---

110 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | SOFTWARE & SERVICES (continued) |  |
| 125590 | (a),(b) | BigBear.ai Holdings, Inc | $428262 |
| 92493 | (a) | BigCommerce Holdings, Inc | 479114 |
| 158805 | (a) | Bit Digital, Inc | 308082 |
| 49627 | (a) | Blackbaud, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3004419 |
| 74080 | (a) | BlackLine, Inc | 3498798 |
| 310609 | (a) | Blend Labs, Inc | 1040540 |
| 179215 | (a) | Box, Inc | 5595092 |
| 83492 | (a) | Braze, Inc | 2599106 |
| 140713 | (a) | C3.ai, Inc | 3097093 |
| 52366 | (a) | Cerence, Inc | 474436 |
| 229865 | (a),(b) | Cipher Mining, Inc | 655115 |
| 345622 | (a),(b) | Cleanspark, Inc | 2823732 |
| 111941 |  | Clear Secure, Inc | 2762704 |
| 252438 | (a) | Clearwater Analytics Holdings, Inc | 5740440 |
| 55130 | (a) | Commvault Systems, Inc | 9213877 |
| 23272 | (a) | Consensus Cloud Solutions, Inc | 462182 |
| 228649 | (a) | Core Scientific, Inc | 1852057 |
| 52678 | (a) | Couchbase, Inc | 929240 |
| 31049 | (a) | CS Disco, Inc | 115813 |
| 20502 | (a),(b) | Digimarc Corp | 268371 |
| 127855 | (a) | Digital Turbine, Inc | 383565 |
| 83180 | (a) | DigitalOcean Holdings, Inc | 2570262 |
| 41771 | (a) | Domo, Inc | 310359 |
| 224790 | (a),(b) | D-Wave Quantum, Inc | 1553299 |
| 269244 | (a) | E2open Parent Holdings, Inc | 530411 |
| 32005 | (a) | eGain Corp | 164506 |
| 23497 | (a) | EverCommerce, Inc | 229331 |
| 170842 | (a) | Fastly, Inc | 982341 |
| 261145 | (a) | Freshworks, Inc | 3857112 |
| 79431 | (a) | Grid Dynamics Holdings, Inc | 1124743 |
| 32648 |  | Hackett Group, Inc | 833830 |
| 96528 | (a),(b) | Hut 8 Corp | 1188260 |
| 29021 | (a) | I3 Verticals, Inc | 729007 |
| 8948 | (a) | IBEX Holdings Ltd | 224058 |
| 49632 |  | Information Services Group, Inc | 192572 |
| 67341 | (a) | Intapp, Inc | 3653923 |
| 31831 |  | InterDigital, Inc | 6398031 |
| 107882 | (a) | Jamf Holding Corp | 1248195 |
| 113547 | (a) | Kaltura, Inc | 244126 |
| 13103 | (a) | Life360, Inc | 562119 |
| 79501 | (a) | LiveRamp Holdings, Inc | 2079746 |
| 427772 | (a),(b) | Marathon Digital Holdings, Inc | 5719312 |
| 41428 | (a) | MeridianLink, Inc | 700547 |
| 59675 | (a) | Mitek Systems, Inc | 494109 |
| 96650 | (a) | N-able, Inc | 682349 |
| 192059 | (a) | NCR Corp | 1645946 |
| 101346 | (a) | NextNav, Inc | 1258717 |
| 139279 | (a) | Olo, Inc | 863530 |
| 42356 | (a) | ON24, Inc | 198226 |
| 46851 |  | OneSpan, Inc | 696674 |
| 29212 | (a) | Ooma, Inc | 357263 |
| 47773 | (a) | Pagaya Technologies Ltd | 523592 |
| 112589 | (a) | PagerDuty, Inc | 1746255 |
| 15573 | (b) | Park City Group, Inc | 336377 |
| 88960 | (a) | Porch Group, Inc | 515968 |
| 54022 |  | Progress Software Corp | 3239159 |
| 60276 | (a) | PROS Holdings, Inc | 1029514 |
| 73989 | (a) | Q2 Holdings, Inc | 5863628 |
| 46704 | (a) | Qualys, Inc | 5871160 |
| 90686 | (a) | Rackspace Technology, Inc | 123333 |
| 81381 | (a) | Rapid7, Inc | 1922219 |
| 13233 |  | Red Violet, Inc | 516881 |

---

*See Notes to Financial Statements* 111

------

Small Cap Blend Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | SOFTWARE & SERVICES (continued) |  |
| 96176 | (a),(b) | Rekor Systems, Inc | $100985 |
| 68658 | (a) | Rimini Street, Inc | 242363 |
| 390250 | (a),(b) | Riot Platforms, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2825410 |
| 49102 | (a) | Roadzen, Inc | 47496 |
| 39468 |  | Sapiens International Corp NV | 1081028 |
| 48973 | (a) | SEMrush Holdings, Inc | 503442 |
| 7766 | (a),(b) | Silvaco Group, Inc | 41315 |
| 409065 | (a),(b) | SoundHound AI, Inc | 3800214 |
| 11953 | (a) | SoundThinking, Inc | 185511 |
| 154271 | (a) | Sprinklr, Inc | 1186344 |
| 65477 | (a) | Sprout Social, Inc | 1369124 |
| 47468 | (a) | SPS Commerce, Inc | 6812133 |
| 75926 | (a) | Telos Corp | 207278 |
| 149679 | (a) | Tenable Holdings, Inc | 4575687 |
| 313331 | (a),(b) | Terawulf, Inc | 871060 |
| 10937 | (a),(b) | Tucows, Inc | 177836 |
| 80099 | (a) | Unisys Corp | 317993 |
| 138495 | (a) | Varonis Systems, Inc | 5933126 |
| 78935 | (a) | Verint Systems, Inc | 1392413 |
| 68897 | (a) | Vertex, Inc | 2757947 |
| 17360 | (a) | Viant Technology, Inc | 248422 |
| 52910 | (a) | Weave Communications, Inc | 560846 |
| 111832 | (a) | WM Technology, Inc | 144263 |
| 63989 | (a) | Workiva, Inc | 4816452 |
| 58016 | (a) | Xperi, Inc | 428738 |
| 132185 | (a) | Yext, Inc | 898858 |
| 222492 | (a) | Zeta Global Holdings Corp | 2905745 |
|  |  | TOTAL SOFTWARE & SERVICES | 191134560 |
|  |  | TECHNOLOGY HARDWARE & EQUIPMENT - 4.0% |  |
| 30205 | (a),(b) | 908 Devices, Inc | 164013 |
| 103824 | (a) | ADTRAN Holdings, Inc | 795292 |
| 47467 |  | Advanced Energy Industries, Inc | 4623761 |
| 27230 | (a) | Aeva Technologies, Inc | 193605 |
| 53462 | (a) | Applied Optoelectronics, Inc | 683779 |
| 119502 | (a) | Arlo Technologies, Inc | 1174705 |
| 15093 | (a) | Aviat Networks, Inc | 265033 |
| 37109 |  | Badger Meter, Inc | 8194409 |
| 2347 |  | Bel Fuse, Inc | 144106 |
| 13235 |  | Bel Fuse, Inc (Class B) | 870466 |
| 51608 |  | Belden CDT, Inc | 5321301 |
| 44754 |  | Benchmark Electronics, Inc | 1455848 |
| 74516 | (a) | Calix, Inc | 3048450 |
| 13796 | (a) | Clearfield, Inc | 395531 |
| 5413 |  | Climb Global Solutions, Inc | 570530 |
| 256448 | (a) | CommScope Holding Co, Inc | 959116 |
| 31990 | (b) | CompoSecure, Inc | 351570 |
| 60480 | (a) | Corsair Gaming, Inc | 428198 |
| 5715 | (a) | CPI Card Group, Inc | 149390 |
| 39753 |  | CTS Corp | 1513794 |
| 51925 | (a) | Daktronics, Inc | 658928 |
| 31772 | (a) | Diebold Nixdorf, Inc | 1408453 |
| 46873 | (a) | Digi International, Inc | 1274946 |
| 74749 | (a) | Eastman Kodak Co | 470171 |
| 33679 | (a) | ePlus, Inc | 2100222 |
| 151059 | (a),(b) | Evolv Technologies Holdings, Inc | 663149 |
| 160702 | (a) | Extreme Networks, Inc | 2114838 |
| 46053 | (a) | Fabrinet | 9443628 |
| 24061 | (a) | FARO Technologies, Inc | 707634 |
| 140297 | (a) | Harmonic, Inc | 1259867 |
| 42335 |  | Immersion Corp | 306082 |
| 34521 | (a) | Insight Enterprises, Inc | 4773564 |
| 256518 | (a) | IonQ, Inc | 7043984 |

---

112 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | TECHNOLOGY HARDWARE & EQUIPMENT (continued) |  |
| 56735 | (a) | Itron, Inc | $6314038 |
| 31385 | (a) | Kimball Electronics, Inc | 450061 |
| 114820 | (a) | Knowles Corp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1807267 |
| 155618 | (a),(b) | Lightwave Logic, Inc | 138516 |
| 32164 |  | Methode Electronics, Inc | 201668 |
| 240192 | (a),(b) | MicroVision, Inc | 271417 |
| 257587 | (a) | Mirion Technologies, Inc | 4064723 |
| 45049 |  | Napco Security Technologies, Inc | 1029370 |
| 37896 | (a) | Netgear, Inc | 914052 |
| 87022 | (a) | Netscout Systems, Inc | 1829202 |
| 59828 | (a) | nLight, Inc | 461274 |
| 45647 | (a) | Novanta, Inc | 5425602 |
| 20096 | (a) | OSI Systems, Inc | 4114455 |
| 58818 | (a) | Ouster, Inc | 437018 |
| 41932 | (a) | PAR Technology Corp | 2448829 |
| 13825 |  | PC Connection, Inc | 857703 |
| 34029 | (a) | Plexus Corp | 4166171 |
| 122402 | (a) | Powerfleet, Inc | 616906 |
| 114929 | (a) | Ribbon Communications, Inc | 368922 |
| 15463 |  | Richardson Electronics Ltd | 133910 |
| 24774 | (a) | Rogers Corp | 1531281 |
| 67298 | (a) | Sanmina Corp | 5167813 |
| 30241 | (a) | Scansource, Inc | 997651 |
| 249482 | (a) | SmartRent, Inc | 237781 |
| 127765 | (a) | TTM Technologies, Inc | 2557855 |
| 17287 | (a) | Turtle Beach Corp | 199665 |
| 155115 | (a) | Viasat, Inc | 1437916 |
| 276823 | (a) | Viavi Solutions, Inc | 2928787 |
| 162154 |  | Vishay Intertechnology, Inc | 2106380 |
| 16057 | (a) | Vishay Precision Group, Inc | 400462 |
| 131939 |  | Xerox Holdings Corp | 581851 |
|  |  | TOTAL TECHNOLOGY HARDWARE & EQUIPMENT | 117726909 |
|  |  | TELECOMMUNICATION SERVICES - 0.8% |  |
| 13748 | (a) | Anterix, Inc | 410378 |
| 167639 | (a),(b) | AST SpaceMobile, Inc | 3890901 |
| 14813 |  | ATN International, Inc | 262042 |
| 31861 | (a) | Bandwidth, Inc | 395714 |
| 55406 |  | Cogent Communications Group, Inc | 3011316 |
| 62146 | (a) | Globalstar, Inc | 1194446 |
| 78977 | (a),(b) | Gogo, Inc | 597856 |
| 18238 |  | IDT Corp | 916459 |
| 43021 | (a) | Liberty Latin America Ltd (Class A) | 233174 |
| 165804 | (a) | Liberty Latin America Ltd (Class C) | 911922 |
| 1264171 | (a) | Lumen Technologies, Inc | 4475165 |
| 59434 |  | Shenandoah Telecom Co | 662095 |
| 24019 |  | Spok Holdings, Inc | 344432 |
| 124334 |  | Telephone and Data Systems, Inc | 4661282 |
|  |  | TOTAL TELECOMMUNICATION SERVICES | 21967182 |
|  |  | TRANSPORTATION - 1.1% |  |
| 20123 |  | Allegiant Travel Co | 944372 |
| 30878 |  | ArcBest Corp | 1806981 |
| 76928 | (a) | Blade Air Mobility, Inc | 203859 |
| 50817 |  | Costamare, Inc | 474123 |
| 18315 |  | Covenant Logistics Group, Inc | 364468 |
| 33254 | (a),(b) | Forward Air Corp | 489499 |
| 56882 | (a),(b) | Frontier Group Holdings, Inc | 169508 |
| 134966 |  | FTAI Infrastructure, Inc | 583053 |
| 53478 |  | Genco Shipping & Trading Ltd | 693075 |
| 157377 |  | Golden Ocean Group Ltd | 1214950 |
| 63458 |  | Heartland Express, Inc | 482281 |
| 145781 | (a),(b) | Hertz Global Holdings, Inc | 994226 |
| 38844 | (b) | Himalaya Shipping Ltd | 202766 |

---

*See Notes to Financial Statements* 113

------

Small Cap Blend Index

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION |  | VALUE |
|  |  | TRANSPORTATION (continued) |  |  |
| 75063 |  | Hub Group, Inc (Class A) |  | $2371240 |
| 379797 | (a) | JetBlue Airways Corp |  | 1655915 |
| 544304 | (a),(b) | Joby Aviation, Inc |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3429115 |
| 69227 |  | Marten Transport Ltd |  | 888875 |
| 41485 |  | Matson, Inc |  | 4525599 |
| 8979 | (a) | PAM Transportation Services, Inc |  | 125437 |
| 37401 |  | Pangaea Logistics Solutions Ltd |  | 150726 |
| 27416 | (a),(b) | Proficient Auto Logistics, Inc |  | 227827 |
| 51631 | (a) | Radiant Logistics, Inc |  | 302041 |
| 201583 | (a) | RXO, Inc |  | 2840304 |
| 75940 | (b) | Safe Bulkers, Inc |  | 257437 |
| 15222 | (a),(b) | Sky Harbour Group Corp |  | 162419 |
| 50062 | (a) | Skywest, Inc |  | 4464029 |
| 49955 | (a) | Sun Country Airlines Holdings, Inc |  | 489559 |
| 9065 |  | Universal Truckload Services, Inc |  | 197073 |
| 80154 |  | Werner Enterprises, Inc |  | 1976598 |
| 121707 | (a),(b) | Wheels Up Experience, Inc |  | 139963 |
|  |  | TOTAL TRANSPORTATION |  | 32827318 |
|  |  | UTILITIES - 3.2% |  |  |
| 73443 |  | Allete, Inc |  | 4809782 |
| 47933 |  | American States Water Co |  | 3887846 |
| 99500 |  | Avista Corp |  | 4126265 |
| 91112 |  | Black Hills Corp |  | 5548721 |
| 150875 |  | Brookfield Infrastructure Corp |  | 5648760 |
| 56339 | (a) | Cadiz, Inc |  | 160003 |
| 75559 |  | California Water Service Group |  | 3827063 |
| 28429 |  | Chesapeake Utilities Corp |  | 3743247 |
| 20522 |  | Consolidated Water Co, Inc |  | 476931 |
| 16478 |  | Genie Energy Ltd |  | 243380 |
| 17733 |  | Global Water Resources, Inc |  | 184955 |
| 216146 | (a) | Hawaiian Electric Industries, Inc |  | 2269533 |
| 45686 |  | MGE Energy, Inc |  | 4130928 |
| 22026 |  | Middlesex Water Co |  | 1390281 |
| 83866 | (a) | Montauk Renewables, Inc |  | 176119 |
| 126815 |  | New Jersey Resources Corp |  | 6206326 |
| 49176 |  | Northwest Natural Holding Co |  | 2119486 |
| 78072 |  | NorthWestern Corp |  | 4546133 |
| 70816 |  | ONE Gas, Inc |  | 5559764 |
| 72344 |  | Ormat Technologies, Inc |  | 5252174 |
| 52563 |  | Otter Tail Corp |  | 4172451 |
| 113477 |  | PNM Resources, Inc |  | 6036976 |
| 131091 |  | Portland General Electric Co |  | 5521553 |
| 25021 | (a) | Pure Cycle Corp |  | 247708 |
| 10847 |  | RGC Resources, Inc |  | 227462 |
| 42212 |  | SJW Corp |  | 2395109 |
| 77163 |  | Southwest Gas Holdings Inc |  | 5571940 |
| 72169 |  | Spire, Inc |  | 5523815 |
| 20317 |  | Unitil Corp |  | 1191795 |
| 16232 |  | York Water Co |  | 571366 |
|  |  | TOTAL UTILITIES |  | 95767872 |
|  |  | TOTAL COMMON STOCKS<br> (Cost $2,198,593,828) |  | 2938550494 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | EXPIRATION<br>DATE | VALUE |
|  |  | RIGHTS/WARRANTS - 0.0% |  |  |
|  |  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES - 0.0% |  |  |
| 37494 | (c) | AstraZeneca plc | 02/20/29 | 11623 |
| 20265 | (c) | Chinook Therapeutics, Inc | 01/02/30 | 203 |
| 159741 | (b),(c) | Selecta Biosciences, Inc | 03/20/24 | 28753 |

---

114 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION |  | EXPIRATION<br> DATE | VALUE |
|  | PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES (continued) |  |  |  |
| 9351 (c) | Tobira Therapeutics, Inc |  |  | $561 |
|  | TOTAL PHARMACEUTICALS, BIOTECHNOLOGY & LIFE SCIENCES |  |  | 41140 |
|  | TOTAL RIGHTS/WARRANTS<br> (Cost $37,315) |  |  | 41140 |
|  | TOTAL LONG-TERM INVESTMENTS<br> (Cost $2,198,631,143) |  |  | 2938591634 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | RATE |  | VALUE |
|  | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 2.4% | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 2.4% | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 2.4% |  |
| 72626793 (d) | State Street Navigator Securities Lending Government Money Market Portfolio | 4.360%(e) |  | 72626793 |
|  | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $72,626,793) | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $72,626,793) |  | 72626793 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | SHORT-TERM INVESTMENTS - 0.6% |  |  |  |
|  | REPURCHASE AGREEMENT - 0.6% |  |  |  |
| $16720000 (f) | Bank of New York Mellon Corp | 4.370 | 05/01/25 | 16720000 |
|  | TOTAL REPURCHASE AGREEMENT |  |  | 16720000 |
|  | TOTAL SHORT-TERM INVESTMENTS<br> (Cost $16,720,000) |  |  | 16720000 |
|  | TOTAL INVESTMENTS - 102.1%<br> (Cost $2,287,977,936) |  |  | 3027938427 |
|  | OTHER ASSETS & LIABILITIES, NET - (2.1)% |  |  | (62456855) |
|  | NET ASSETS - 100.0% |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2965481572 |

---

REIT Real Estate Investment Trust

(a) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

(b) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $109,328,255.

(c) For fair value measurement disclosure purposes, investment classified as Level 3.

(d) Investments made with cash collateral received from securities on loan.

(e) The rate shown is the one-day yield as of the end of the reporting period.

(f) Agreement with Bank of New York Mellon Corp, 4.370% dated 4/30/25 to be repurchased at $17,004,208 on 5/1/25, collateralized by Government Agency Securities, with coupon rate 4.625% and maturity date 6/15/27, valued at $17,054,408.

Investments in Derivatives

Futures Contracts - Long

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description | Number of<br>Contracts | Expiration<br>Date | Notional<br>Amount | Value | Unrealized<br>Appreciation<br>(Depreciation) |
|  Russell 2000 E-Mini Index | 166 | 06/20/25 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15493960 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16349340 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;855380 |

---

*See Notes to Financial Statements* 115

------

## Portfolios of Investments April 30, 2025
Emerging Markets Equity Index

(Unaudited)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | LONG-TERM INVESTMENTS - 99.8% |  |
|  | COMMON STOCKS - 99.8% |  |
|  | BRAZIL - 4.4% |  |
| 4290597 | Ambev S.A. | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11015391 |
| 4985946 | B3 SA-Brasil Bolsa Balcao | 11851742 |
| 1338028 | Banco Bradesco S.A. | 2883462 |
| 4902504 | Banco Bradesco S.A. (Preference) | 11860723 |
| 1003300 | Banco BTG Pactual S.A. - Unit | 6737401 |
| 1499166 | Banco do Brasil S.A. | 7642242 |
| 560448 | BB Seguridade Participacoes S.A. | 4223740 |
| 438500 | BRF S.A. | 1753954 |
| 557800 | Caixa Seguridade Participacoes S | 1607994 |
| 164992 | Centrais Eletricas Brasileiras S.A. | 1402177 |
| 1127645 | Centrais Eletricas Brasileiras S.A. | 8732808 |
| 738042 | Cia de Concessoes Rodoviarias | 1749146 |
| 440458 | Cia de Saneamento Basico do Estado de Sao Paulo | 8839196 |
| 1575575 | Cia Energetica de Minas Gerais | 3040016 |
| 964800 | Cia Paranaense de Energia | 1960150 |
| 125480 | CPFL Energia S.A. | 844397 |
| 644700 (a) | Embraer S.A. | 7374946 |
| 214752 | Energisa S.A. | 1738405 |
| 143825 | Engie Brasil Energia S.A. | 1053506 |
| 1104322 | Equatorial Energia S.A. | 7162823 |
| 1071119 | Gerdau S.A. (Preference) | 2829189 |
| 4979929 | Investimentos Itau S.A. - PR | 9389221 |
| 4863818 | Itau Unibanco Holding S.A. | 30493404 |
| 68557 (a) | Itausa S.A. | 129017 |
| 671036 | Klabin S.A. | 2191008 |
| 825149 | Localiza Rent A Car | 6246249 |
| 851919 (a) | Natura & Co Holding S.A. | 1427583 |
| 2881518 (a) | NU Holdings Ltd | 35817269 |
| 738685 (a) | Petro Rio S.A. | 4387738 |
| 3407678 | Petroleo Brasileiro S.A. | 19244615 |
| 4064225 | Petroleo Brasileiro S.A. (Preference) | 21477161 |
| 1226195 | Raia Drogasil S.A. | 4286708 |
| 705888 (b) | Rede D'Or Sao Luiz S.A. | 3982720 |
| 1173327 | Rumo S.A. | 4010915 |
| 634287 | Suzano SA | 5597225 |
| 799601 | Telefonica Brasil S.A. | 3915473 |
| 769566 | TIM S.A. | 2569672 |
| 479900 | TOTVS S.A. | 3181209 |
| 687660 | Ultrapar Participacoes S.A. | 2160468 |
| 3309242 | Vale S.A. | 30823244 |
| 865527 | Vibra Energia S.A. | 2867221 |
| 1543334 | WEG S.A. | 12139667 |
| 347956 | XP, Inc | 5602092 |
|  | TOTAL BRAZIL | 318243287 |
|  | CHILE - 0.5% |  |
| 43369276 | Banco de Chile | 6366451 |
| 65828 | Banco de Credito e Inversiones | 2607008 |
| 53267494 | Banco Santander Chile S.A. | 3220611 |
| 1152948 | Cencosud S.A. | 3945074 |
| 1169405 | Empresas CMPC S.A. | 1833968 |
| 383470 | Empresas COPEC S.A. | 2632360 |
| 27050157 | Enel Chile S.A. | 1914014 |
| 18656126 | Enersis S.A. | 1831941 |
| 190216572 | Lan Airlines S.A. | 3003240 |
| 590147 | SACI Falabella | 2679716 |

---

116 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | CHILE (continued) |  |
| 133272 |  | Sociedad Quimica y Minera de Chile S.A. (Class B) | $4588355 |
|  |  | TOTAL CHILE | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;34622738 |
|  |  | CHINA - 29.4% |  |
| 107500 |  | 360 Finance, Inc (ADR) | 4410725 |
| 351500 |  | 360 Security Technology, Inc | 495795 |
| 125000 |  | 37 Interactive Entertainment Network Technology Group Co Ltd | 261197 |
| 714500 |  | AAC Technologies Holdings, Inc | 3420282 |
| 45400 |  | Accelink Technologies Co Ltd | 269897 |
| 11685 |  | ACM Research Shanghai, Inc | 169010 |
| 34602 |  | Advanced Micro-Fabrication Equipment, Inc China | 898176 |
| 72300 |  | AECC Aero-Engine Control Co Ltd | 178184 |
| 135300 |  | AECC Aviation Power Co Ltd | 611910 |
| 25381043 |  | Agricultural Bank of China Ltd | 15487934 |
| 4276800 |  | Agricultural Bank of China Ltd (Class A) | 3192114 |
| 556970 |  | Aier Eye Hospital Group Co Ltd | 996362 |
| 742490 | (a) | Air China Ltd | 722514 |
| 121530 |  | Airtac International Group | 3337970 |
| 562000 | (a),(b),(c) | Akeso, Inc | 6231750 |
| 14586877 |  | Alibaba Group Holding Ltd | 217782463 |
| 5022284 | (a),(c) | Alibaba Health Information Technology Ltd | 3249004 |
| 3728000 |  | Aluminum Corp of China Ltd | 2000946 |
| 785700 |  | Aluminum Corp of China Ltd (Class A) | 693341 |
| 15390 | (a) | Amlogic Shanghai Co Ltd | 153340 |
| 37600 |  | Angel Yeast Co Ltd | 182439 |
| 1126282 |  | Anhui Conch Cement Co Ltd | 3172803 |
| 206200 |  | Anhui Conch Cement Co Ltd (Class A) | 683267 |
| 100758 |  | Anhui Gujing Distillery Co Ltd | 1541900 |
| 20900 |  | Anhui Gujing Distillery Co Ltd (Class A) | 473127 |
| 119100 |  | Anhui Jianghuai Automobile Group Corp Ltd | 598914 |
| 28600 |  | Anhui Yingjia Distillery Co Ltd | 172964 |
| 23660 |  | Anker Innovations Technology Co Ltd | 290348 |
| 1146086 |  | Anta Sports Products Ltd | 13541942 |
| 62200 |  | Autohome, Inc (ADR) | 1696816 |
| 130200 |  | Avary Holding Shenzhen Co Ltd | 514333 |
| 1054861 |  | AviChina Industry & Technology Co Ltd | 485426 |
| 14700 | (a) | AVICOPTER plc | 71850 |
| 449300 | (a) | BAIC BluePark New Energy Technology Co Ltd | 458008 |
| 2057762 | (a) | Baidu, Inc | 22690966 |
| 1235616 |  | Bank of Beijing Co Ltd | 1020986 |
| 259086 |  | Bank of Changsha Co Ltd | 323217 |
| 247205 |  | Bank of Chengdu Co Ltd | 578280 |
| 1583843 |  | Bank of China Ltd - A | 1205443 |
| 64522425 |  | Bank of China Ltd - H | 36027608 |
| 2031800 |  | Bank of Communications Co Ltd - A | 2090542 |
| 8028934 |  | Bank of Communications Co Ltd - H | 7020971 |
| 259700 |  | Bank of Hangzhou Co Ltd | 526071 |
| 995110 |  | Bank of Jiangsu Co Ltd | 1393021 |
| 592000 |  | Bank of Nanjing Co Ltd | 849540 |
| 342168 |  | Bank of Ningbo Co Ltd | 1126922 |
| 731809 |  | Bank of Shanghai Co Ltd | 1046500 |
| 320800 |  | Bank of Suzhou Co Ltd | 355332 |
| 1345900 |  | Baoshan Iron & Steel Co Ltd | 1266067 |
| 683226 | (a) | BeiGene Ltd | 13807655 |
| 451500 |  | Beijing Enterprises Holdings Ltd | 1831996 |
| 3803583 |  | Beijing Enterprises Water Group Ltd | 1201363 |
| 24376 |  | Beijing Kingsoft Office Software, Inc | 990220 |
| 79600 |  | Beijing New Building Materials plc | 306891 |
| 61400 |  | Beijing Oriental Yuhong Waterproof Technology Co Ltd | 94201 |
| 9115 |  | Beijing Roborock Technology Co Ltd | 243364 |
| 97320 |  | Beijing Tiantan Biological Products Corp Ltd | 255709 |
| 70200 |  | Beijing Tongrentang Co Ltd | 352094 |
| 54698 |  | Beijing Wantai Biological Pharmacy Enterprise Co Ltd | 492910 |

---

*See Notes to Financial Statements* 117

------

## Portfolios of Investments April 30, 2025 (continued)
Emerging Markets Equity Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | CHINA (continued) |  |
| 224900 |  | Beijing Yanjing Brewery Co Ltd | $402257 |
| 2700800 |  | Beijing-Shanghai High Speed Railway Co Ltd | 2158170 |
| 6131 |  | Bestechnic Shanghai Co Ltd | 374713 |
| 33720 |  | Bethel Automotive Safety Systems Co Ltd | 268028 |
| 205607 | (a) | Bilibili, Inc | 3609234 |
| 185500 | (b) | BOC Aviation Ltd | 1390206 |
| 162200 |  | BOC International China Co Ltd | 220496 |
| 2261500 |  | BOE Technology Group Co Ltd | 1196039 |
| 3966000 |  | Bosideng International Holdings Ltd | 2052208 |
| 98400 |  | BYD Co Ltd | 4788985 |
| 1108037 |  | BYD Co Ltd (H shares) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;52627555 |
| 708500 |  | BYD Electronic International Co Ltd | 2940574 |
| 603575 | (c) | C&D International Investment Group Ltd | 1262330 |
| 383350 |  | Caitong Securities Co Ltd | 385158 |
| 22695 | (a) | Cambricon Technologies Corp Ltd | 2203101 |
| 103900 |  | Capital Securities Co Ltd | 270773 |
| 1160800 | (a) | CCOOP Group Co Ltd | 430733 |
| 1091100 |  | CGN Power Co Ltd | 529071 |
| 9956000 | (b) | CGN Power Co Ltd | 3169124 |
| 22500 | (a) | Changchun High & New Technology Industry Group, Inc | 272456 |
| 269545 |  | Changjiang Securities Co Ltd | 238258 |
| 12800 |  | Changzhou Xingyu Automotive Lighting Systems Co Ltd | 233853 |
| 127100 |  | Chaozhou Three-Circle Group Co Ltd | 601751 |
| 131900 |  | Chifeng Jilong Gold Mining Co Ltd | 479391 |
| 8181530 |  | China Citic Bank | 6470986 |
| 1674000 | (c) | China Coal Energy Co | 1729592 |
| 2354000 |  | China Communications Services Corp Ltd | 1225963 |
| 427700 |  | China Construction Bank Corp - A | 533272 |
| 86890641 |  | China Construction Bank Corp - H | 71374394 |
| 257400 |  | China CSSC Holdings Ltd | 1038049 |
| 880200 | (a) | China Eastern Airlines Corp Ltd | 447565 |
| 1330900 |  | China Energy Engineering Corp Ltd | 402990 |
| 2820000 |  | China Everbright Bank Co Ltd - A | 1468109 |
| 2906000 |  | China Everbright Bank Co Ltd - H | 1261846 |
| 3307000 | (b) | China Feihe Ltd | 2499085 |
| 3396245 |  | China Galaxy Securities Co Ltd | 3085254 |
| 410100 |  | China Galaxy Securities Co Ltd (Class A) | 882589 |
| 2565468 |  | China Gas Holdings Ltd | 2319525 |
| 213400 |  | China Great Wall Securities Co Ltd | 227121 |
| 74800 |  | China Greatwall Technology Group Co Ltd | 150738 |
| 2459500 |  | China Hongqiao Group Ltd | 4414838 |
| 2230000 | (a),(d) | China Huishan Dairy Holdings Co Ltd | 2875 |
| 1185424 |  | China Insurance International Holdings Co Ltd | 1641535 |
| 178600 |  | China International Capital Corp Ltd | 806821 |
| 1350606 | (b) | China International Capital Corp Ltd | 2323294 |
| 182544 |  | China Jushi Co Ltd | 294619 |
| 6722880 |  | China Life Insurance Co Ltd | 12286705 |
| 156500 |  | China Life Insurance Co Ltd (Class A) | 781775 |
| 348000 | (a),(b) | China Literature Ltd | 1208416 |
| 3032341 |  | China Longyuan Power Group Corp Ltd | 2395484 |
| 2863000 |  | China Mengniu Dairy Co Ltd | 7130733 |
| 3509868 |  | China Merchants Bank Co Ltd | 19145070 |
| 1131095 |  | China Merchants Bank Co Ltd (Class A) | 6348350 |
| 547000 |  | China Merchants Energy Shipping Co Ltd | 440139 |
| 347700 |  | China Merchants Expressway Network & Technology Holdings Co Ltd | 614225 |
| 1194894 |  | China Merchants Holdings International Co Ltd | 1939888 |
| 351020 |  | China Merchants Securities Co Ltd | 794023 |
| 438000 |  | China Merchants Shekou Industrial Zone Holdings Co Ltd | 551920 |
| 2177258 |  | China Minsheng Banking Corp Ltd - A | 1194189 |
| 6035514 |  | China Minsheng Banking Corp Ltd - H | 2832222 |
| 3432000 |  | China Molybdenum Co Ltd | 2694374 |
| 918300 |  | China Molybdenum Co Ltd (Class A) | 894941 |

---

118 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | CHINA (continued) |  |
| 3545254 |  | China National Building Material Co Ltd | $1719078 |
| 256700 |  | China National Chemical Engineering Co Ltd | 266824 |
| 1183400 |  | China National Nuclear Power Co Ltd | 1504541 |
| 170900 |  | China Northern Rare Earth Group High-Tech Co Ltd | 548143 |
| 1648773 |  | China Oilfield Services Ltd | 1289358 |
| 3380294 |  | China Overseas Land & Investment Ltd | 5997146 |
| 396700 |  | China Pacific Insurance Group Co Ltd - A | 1630527 |
| 2334419 |  | China Pacific Insurance Group Co Ltd - H | 6351404 |
| 1764800 |  | China Petroleum & Chemical Corp | 1375648 |
| 21926000 | (a) | China Petroleum & Chemical Corp | 11192593 |
| 4296000 |  | China Power International Development Ltd | 1687419 |
| 1165611 |  | China Railway Group Ltd - A | 885912 |
| 3970000 |  | China Railway Group Ltd - H | 1708156 |
| 365184 |  | China Railway Signal & Communication Corp Ltd | 255924 |
| 77800 |  | China Rare Earth Resources And Technology Co Ltd | 334504 |
| 1481571 |  | China Resources Beer Holdings Company Ltd | 5208022 |
| 860500 |  | China Resources Gas Group Ltd | 2403721 |
| 2820055 |  | China Resources Land Ltd | 9488377 |
| 73708 |  | China Resources Microelectronics Ltd | 467670 |
| 616807 | (b) | China Resources Mixc Lifestyle Services Ltd | 2954925 |
| 1860346 | (b) | China Resources Pharmaceutical Group Ltd | 1174281 |
| 1807372 |  | China Resources Power Holdings Co | 4360133 |
| 64252 |  | China Resources Sanjiu Medical & Pharmaceutical Co Ltd | 363918 |
| 5426904 | (a),(c) | China Ruyi Holdings Ltd | 1427470 |
| 346600 |  | China Shenhua Energy Co Ltd - A | 1828247 |
| 3043000 |  | China Shenhua Energy Co Ltd - H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11436039 |
| 1184000 |  | China Shipping Development Co Ltd | 940410 |
| 454500 | (a) | China Southern Airlines Co Ltd (Class A) | 351068 |
| 2240710 |  | China State Construction Engineering Corp Ltd | 1700195 |
| 1764000 |  | China State Construction International Holdings Ltd | 2600179 |
| 1369000 |  | China Three Gorges Renewables Group Co Ltd | 803070 |
| 134800 |  | China Tourism Group Duty Free Corp Ltd | 1176664 |
| 3921377 | (a),(b) | China Tower Corp Ltd | 5680023 |
| 1731500 |  | China United Network Communications Ltd | 1268647 |
| 2173400 | (c) | China Vanke Co Ltd | 1489923 |
| 588700 |  | China Vanke Co Ltd (Class A) | 552220 |
| 323200 |  | China XD Electric Co Ltd | 276516 |
| 1293900 |  | China Yangtze Power Co Ltd | 5254179 |
| 710815 |  | China Zheshang Bank Co Ltd | 292843 |
| 40500 |  | Chongqing Brewery Co Ltd | 322009 |
| 320866 |  | Chongqing Changan Automobile Co Ltd | 541915 |
| 620452 |  | Chongqing Rural Commercial Bank Co Ltd | 585641 |
| 160100 |  | Chongqing Zhifei Biological Products Co Ltd | 416502 |
| 1722633 | (c) | Chow Tai Fook Jewellery Group Ltd | 2302837 |
| 3555738 |  | Citic Pacific Ltd | 4322611 |
| 117100 |  | Citic Pacific Special Steel Group Co Ltd | 188863 |
| 1435732 |  | CITIC Securities Co Ltd | 3548453 |
| 643480 |  | CITIC Securities Co Ltd (Class A) | 2217870 |
| 38080 |  | CNGR Advanced Material Co Ltd | 165526 |
| 544900 |  | CNOOC Energy Technology & Services Ltd | 297936 |
| 569600 |  | CNPC Capital Co Ltd | 538804 |
| 3600000 | (a) | Cnpc Hong Kong Ltd | 3431430 |
| 242980 |  | Contemporary Amperex Technology Co Ltd | 7768946 |
| 97700 |  | COSCO SHIPPING Energy Transportation Co Ltd | 138130 |
| 628010 |  | COSCO SHIPPING Holdings Co Ltd - A | 1241169 |
| 2631800 | (c) | COSCO SHIPPING Holdings Co Ltd - H | 3971479 |
| 3803000 |  | CRRC Corp Ltd | 2347020 |
| 1309600 |  | CRRC Corp Ltd (Class A) | 1265106 |
| 275200 |  | CSC Financial Co Ltd | 880507 |
| 234018 |  | CSI Solar Co Ltd | 282982 |
| 76200 | (a) | CSPC Innovation Pharmaceutical Co Ltd | 439832 |
| 7527489 |  | CSPC Pharmaceutical Group Ltd | 5928943 |

---

*See Notes to Financial Statements* 119

------

Emerging Markets Equity Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | CHINA (continued) |  |
| 1044700 |  | Daqin Railway Co Ltd | $932383 |
| 324600 |  | Datang International Power Generation Co Ltd | 138686 |
| 31500 |  | Dong-E-E-Jiao Co Ltd | 235711 |
| 145100 |  | Dongfang Electric Corp Ltd | 304033 |
| 302600 |  | Dongxing Securities Co Ltd | 417896 |
| 886385 |  | East Money Information Co Ltd | 2514169 |
| 25577 |  | Eastroc Beverage Group Co Ltd | 1007048 |
| 29300 |  | Ecovacs Robotics Co Ltd | 207676 |
| 25200 |  | Empyrean Technology Co Ltd | 413571 |
| 700028 |  | ENN Energy Holdings Ltd | 5526285 |
| 115700 |  | ENN Natural Gas Co Ltd | 314840 |
| 37600 |  | Eoptolink Technology, Inc Ltd | 472857 |
| 123661 |  | Eve Energy Co Ltd | 699887 |
| 182800 |  | Everbright Securities Co Ltd | 405234 |
| 1046551 | (a) | Everdisplay Optronics Shanghai Co Ltd | 314216 |
| 1007000 |  | Far East Horizon Ltd | 780348 |
| 93400 |  | FAW Jiefang Group Co Ltd | 92606 |
| 95600 |  | Flat Glass Group Co Ltd | 197856 |
| 845140 |  | Focus Media Information Technology Co Ltd | 838909 |
| 267764 |  | Foshan Haitian Flavouring & Food Co Ltd | 1546005 |
| 2145452 |  | Fosun International | 1112193 |
| 365800 |  | Founder Securities Co Ltd | 375394 |
| 745800 |  | Foxconn Industrial Internet Co Ltd | 1879952 |
| 115200 |  | Fuyao Glass Industry Group Co Ltd - A | 921670 |
| 549298 | (b) | Fuyao Glass Industry Group Co Ltd - H | 3884642 |
| 120822 |  | GalaxyCore, Inc | 229701 |
| 106340 |  | Ganfeng Lithium Group Co Ltd | 437935 |
| 19356795 | (a),(c) | GCL Technology Holdings Ltd | 1967329 |
| 1118283 |  | GD Power Development Co Ltd | 688413 |
| 5389828 |  | Geely Automobile Holdings Ltd | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11314873 |
| 268600 |  | GEM Co Ltd | 226429 |
| 960000 | (a),(c) | Genscript Biotech Corp | 1348366 |
| 293100 |  | GF Securities Co Ltd (Class A) | 629743 |
| 266000 | (b) | Giant Biogene Holding Co ltd | 2748261 |
| 27468 |  | GigaDevice Semiconductor, Inc | 487278 |
| 179000 |  | GoerTek, Inc | 523559 |
| 34220 |  | Gongniu Group Co Ltd | 335441 |
| 70200 |  | Gotion High-tech Co Ltd | 199630 |
| 131400 |  | Great Wall Motor Co Ltd | 408563 |
| 2048266 |  | Great Wall Motor Co Ltd | 2926953 |
| 160900 |  | Gree Electric Appliances, Inc of Zhuhai | 1009614 |
| 143700 |  | GRG Banking Equipment Co Ltd | 244594 |
| 83900 |  | Guangdong Haid Group Co Ltd | 640625 |
| 2930000 |  | Guangdong Investments Ltd | 2371005 |
| 363187 |  | Guanghui Energy Co Ltd | 289674 |
| 222800 |  | Guangzhou Automobile Group Co Ltd | 246007 |
| 74100 |  | Guangzhou Baiyunshan Pharmaceutical Holdings Co Ltd | 269834 |
| 212700 |  | Guangzhou Haige Communications Group, Inc Co | 304246 |
| 150000 | (a) | Guangzhou Tinci Materials Technology Co Ltd | 360614 |
| 122100 |  | Guolian Securities Co Ltd | 163733 |
| 280600 |  | Guosen Securities Co Ltd | 419891 |
| 752860 |  | Guotai Junan Securities Co Ltd | 1789156 |
| 1932896 | (b),(c) | Guotai Junan Securities Co Ltd (Hong Kong) | 2754820 |
| 339630 |  | Guoyuan Securities Co Ltd | 348688 |
| 1524000 | (b) | Haidilao International Holding Ltd | 3431370 |
| 2223800 |  | Haier Smart Home Co Ltd | 6453531 |
| 339100 |  | Haier Smart Home Co Ltd | 1159075 |
| 2100900 | (a) | Hainan Airlines Holding Co Ltd | 384946 |
| 650200 | (a) | Hainan Airport Infrastructure Co Ltd | 314159 |
| 615000 |  | Haitian International Holdings Ltd | 1424618 |
| 56900 |  | Hang Zhou Great Star Industrial Co Ltd | 182566 |
| 111790 |  | Hangzhou First Applied Material Co Ltd | 188988 |

---

120 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | CHINA (continued) |  |
| 46500 |  | Hangzhou Silan Microelectronics Co Ltd | $160545 |
| 16000 |  | Hangzhou Tigermed Consulting Co Ltd - A | 98464 |
| 1026000 | (b) | Hansoh Pharmaceutical Group Co Ltd | 3179544 |
| 47300 |  | Hebei Yangyuan Zhihui Beverage Co Ltd | 158093 |
| 123100 |  | Henan Shenhuo Coal & Power Co Ltd | 288755 |
| 164370 |  | Henan Shuanghui Investment & Development Co Ltd | 565322 |
| 537500 |  | Hengan International Group Co Ltd | 1449135 |
| 370520 |  | Hengli Petrochemical Co Ltd | 779886 |
| 127300 |  | Hengtong Optic-electric Co Ltd | 270582 |
| 56600 |  | Hisense Home Appliances Group Co Ltd | 214182 |
| 316000 |  | Hisense Kelon Electrical Holdings Co Ltd | 958303 |
| 31200 |  | Hithink RoyalFlush Information Network Co Ltd | 1106964 |
| 297100 |  | HLA Corp Ltd | 339581 |
| 41000 |  | Hoshine Silicon Industry Co Ltd | 288243 |
| 599051 | (b),(c) | Hua Hong Semiconductor Ltd | 2739360 |
| 555400 |  | Huadian Power International Corp Ltd (Class A) | 436739 |
| 97400 |  | Huadong Medicine Co Ltd | 520599 |
| 146400 |  | Huafon Chemical Co Ltd | 134914 |
| 69000 |  | Huagong Tech Co Ltd | 385413 |
| 120900 |  | Huaibei Mining Holdings Co Ltd | 197454 |
| 105520 |  | Hualan Biological Engineering, Inc | 237941 |
| 294700 |  | Huaneng Lancang River Hydropower, Inc | 387546 |
| 621400 |  | Huaneng Power International, Inc - A | 612522 |
| 4147110 |  | Huaneng Power International, Inc - H | 2568936 |
| 44000 |  | Huaqin Technology Co Ltd | 400677 |
| 1199000 | (b) | Huatai Securities Co Ltd | 1776920 |
| 216000 |  | Huatai Securities Co Ltd (Class A) | 477845 |
| 692419 |  | Huaxia Bank Co Ltd | 693600 |
| 232673 |  | Huayu Automotive Systems Co Ltd | 571140 |
| 188206 |  | Huazhu Group Ltd (ADR) | 6444173 |
| 47100 |  | Hubei Jumpcan Pharmaceutical Co Ltd | 170537 |
| 36300 |  | Huizhou Desay Sv Automotive Co Ltd | 521810 |
| 93600 |  | Humanwell Healthcare Group Co Ltd | 268788 |
| 389400 |  | Hunan Valin Steel Co Ltd | 261879 |
| 98096 |  | Hundsun Technologies, Inc | 351727 |
| 10535 |  | Hwatsing Technology Co Ltd | 240350 |
| 129619 |  | Hygon Information Technology Co Ltd | 2657131 |
| 121200 |  | Iflytek Co Ltd | 786531 |
| 15260 |  | Imeik Technology Development Co Ltd | 362945 |
| 3456505 |  | Industrial & Commercial Bank of China Ltd - A | 3335532 |
| 62802777 |  | Industrial & Commercial Bank of China Ltd - H | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43020615 |
| 1101200 |  | Industrial Bank Co Ltd | 3166958 |
| 376480 |  | Industrial Securities Co Ltd | 299980 |
| 22800 |  | Ingenic Semiconductor Co Ltd | 213206 |
| 1909400 |  | Inner Mongolia BaoTou Steel Union Co Ltd | 454554 |
| 140900 |  | Inner Mongolia Dian Tou Energy Corp Ltd | 346293 |
| 649400 |  | Inner Mongolia Junzheng Energy & Chemical Industry Group Co Ltd | 483944 |
| 323600 |  | Inner Mongolia Yili Industrial Group Co Ltd | 1325963 |
| 906900 |  | Inner Mongolia Yitai Coal Co | 1803629 |
| 1107237 | (a),(b) | Innovent Biologics, Inc | 7668630 |
| 76900 |  | Inspur Electronic Information Industry Co Ltd | 541277 |
| 52500 |  | Isoftstone Information Technology Group Co Ltd | 420104 |
| 159684 |  | JA Solar Technology Co Ltd | 210037 |
| 32000 |  | JCHX Mining Management Co Ltd | 163095 |
| 1006249 | (a),(b) | JD Health International, Inc | 4774852 |
| 1848600 | (a),(b) | JD Logistics, Inc | 2899367 |
| 2204084 |  | JD.com, Inc | 35885627 |
| 302900 |  | Jiangsu Eastern Shenghong Co Ltd | 367141 |
| 1104000 |  | Jiangsu Express | 1373797 |
| 77156 |  | Jiangsu Hengli Hydraulic Co Ltd | 794509 |
| 351119 |  | Jiangsu Hengrui Pharmaceuticals Co Ltd | 2467465 |
| 47300 | (a) | Jiangsu Hoperun Software Co Ltd | 338343 |

---

*See Notes to Financial Statements* 121

------

Emerging Markets Equity Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | CHINA (continued) |  |
| 76300 |  | Jiangsu King's Luck Brewery JSC Ltd | $497871 |
| 151400 |  | Jiangsu Phoenix Publishing & Media Corp Ltd | 244835 |
| 99100 |  | Jiangsu Yanghe Brewery Joint-Stock Co Ltd | 936140 |
| 28500 |  | Jiangsu Yoke Technology Co Ltd | 216593 |
| 58800 |  | Jiangsu Yuyue Medical Equipment & Supply Co Ltd | 279037 |
| 157000 |  | Jiangsu Zhongtian Technology Co Ltd | 301560 |
| 898000 |  | Jiangxi Copper Co Ltd | 1508905 |
| 100300 |  | Jiangxi Copper Co Ltd (Class A) | 294243 |
| 206300 |  | Jinduicheng Molybdenum Co Ltd | 278710 |
| 535296 |  | Jinko Solar Co Ltd | 404075 |
| 146500 |  | Juneyao Airlines Co Ltd | 250275 |
| 246800 | (a) | Kanzhun Ltd (ADR) | 3776040 |
| 625894 |  | KE Holdings, Inc (ADR) | 12705648 |
| 2701000 | (a) | Kingdee International Software Group Co Ltd | 4593816 |
| 843000 |  | Kingsoft Corp Ltd | 4200167 |
| 2420301 | (a),(b) | Kuaishou Technology | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15974689 |
| 142000 |  | Kuang-Chi Technologies Co Ltd | 825580 |
| 71100 |  | Kunlun Tech Co Ltd | 312311 |
| 68343 |  | Kweichow Moutai Co Ltd | 14560498 |
| 139300 |  | LB Group Co Ltd | 318226 |
| 7343856 |  | Lenovo Group Ltd | 8493730 |
| 202900 |  | Lens Technology Co Ltd | 583659 |
| 1109110 | (a) | Li Auto, Inc | 13514140 |
| 2095000 |  | Li Ning Co Ltd | 3949783 |
| 140900 |  | Liaoning Port Co Ltd | 28300 |
| 454100 |  | Lingyi iTech Guangdong Co | 500241 |
| 1751500 | (b),(c) | Longfor Group Holdings Ltd | 2342758 |
| 369224 |  | LONGi Green Energy Technology Co Ltd | 747588 |
| 16924 | (a) | Loongson Technology Corp Ltd | 303113 |
| 376353 |  | Luxshare Precision Industry Co Ltd | 1601969 |
| 94400 |  | Luzhou Laojiao Co Ltd | 1608619 |
| 108370 |  | Mango Excellent Media Co Ltd | 339408 |
| 28120 |  | Maxscend Microelectronics Co Ltd | 290604 |
| 195200 |  | Meihua Holdings Group Co Ltd | 294545 |
| 4438529 | (a),(b) | Meituan | 73490668 |
| 966700 |  | Metallurgical Corp of China Ltd | 384741 |
| 181400 |  | Midea Group Co Ltd | 1839141 |
| 274500 | (a) | Midea Group Co Ltd | 2591006 |
| 368400 | (c) | MINISO Group Holding Ltd | 1656302 |
| 3616000 | (a) | MMG Ltd | 1094519 |
| 64976 |  | Montage Technology Co Ltd | 687827 |
| 279184 |  | Muyuan Foods Co Ltd | 1525205 |
| 520200 |  | Nanjing Iron & Steel Co Ltd | 309421 |
| 191000 |  | Nanjing Securities Co Ltd | 203555 |
| 442127 |  | NARI Technology Co Ltd | 1348977 |
| 134469 |  | National Silicon Industry Group Co Ltd | 323643 |
| 28700 |  | NAURA Technology Group Co Ltd | 1784763 |
| 1746119 |  | NetEase, Inc | 37535187 |
| 104200 |  | New China Life Insurance Co Ltd - A | 690856 |
| 829000 |  | New China Life insurance Co Ltd - H | 3027434 |
| 264900 |  | New Hope Liuhe Co Ltd | 350029 |
| 1341627 |  | New Oriental Education & Technology Group, Inc | 6572880 |
| 117106 | (a) | Nexchip Semiconductor Corp | 344964 |
| 78600 |  | Ninestar Corp | 238244 |
| 30744 |  | Ningbo Deye Technology Co Ltd | 365546 |
| 37700 |  | Ningbo Orient Wires & Cables Co Ltd | 262412 |
| 90000 |  | Ningbo Sanxing Medical Electric Co Ltd | 316968 |
| 95710 |  | Ningbo Tuopu Group Co Ltd | 692072 |
| 454000 |  | Ningxia Baofeng Energy Group Co Ltd | 1001694 |
| 1366370 | (a),(c) | NIO, Inc | 5472917 |
| 1809100 | (b),(c) | Nongfu Spring Co Ltd | 8316777 |
| 208900 | (a) | OFILM Group Co Ltd | 323890 |

---

122 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | CHINA (continued) |  |
| 27740 |  | Oppein Home Group, Inc | $252683 |
| 295680 |  | Orient Securities Co Ltd | 373131 |
| 384500 | (a) | Pangang Group Vanadium Titanium & Resources Co Ltd | 134980 |
| 626317 | (a) | PDD Holdings, Inc (ADR) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;66120286 |
| 8266220 |  | People's Insurance Co Group of China Ltd | 4892082 |
| 619700 |  | People's Insurance Co Group of China Ltd (Class A) | 602514 |
| 19124000 | (a) | PetroChina Co Ltd | 14613376 |
| 988900 |  | PetroChina Co Ltd | 1088337 |
| 75900 |  | Pharmaron Beijing Co Ltd - A | 242812 |
| 6236306 |  | PICC Property & Casualty Co Ltd | 11483779 |
| 1113200 |  | Ping An Bank Co Ltd | 1673585 |
| 6063692 |  | Ping An Insurance Group Co of China Ltd | 36291391 |
| 582500 |  | Ping An Insurance Group Co of China Ltd (Class A) | 4070241 |
| 13542 |  | Piotech, Inc | 291980 |
| 640200 |  | Poly Developments and Holdings Group Co Ltd | 737383 |
| 485675 | (b) | Pop Mart International Group Ltd | 12113338 |
| 1587078 |  | Postal Savings Bank of China Co Ltd - A | 1118720 |
| 8526000 | (b) | Postal Savings Bank of China Co Ltd - H | 5241630 |
| 856300 |  | Power Construction Corp of China Ltd | 556748 |
| 264300 | (a) | Qinghai Salt Lake Industry Co Ltd | 581285 |
| 74200 |  | Range Intelligent Computing Technology Group Co Ltd | 494459 |
| 15200 |  | Rockchip Electronics Co Ltd | 357882 |
| 593400 |  | Rongsheng Petrochemical Co Ltd | 680435 |
| 456300 |  | SAIC Motor Corp Ltd | 1021793 |
| 173200 |  | Sailun Group Co Ltd | 291555 |
| 254100 |  | Sanan Optoelectronics Co Ltd | 430017 |
| 473900 |  | Sany Heavy Industry Co Ltd | 1234636 |
| 268691 |  | Satellite Chemical Co Ltd | 671731 |
| 290100 |  | SDIC Capital Co Ltd | 273310 |
| 434400 |  | SDIC Power Holdings Co Ltd | 899845 |
| 81000 |  | Seres Group Co Ltd | 1455944 |
| 254900 |  | SF Holding Co Ltd | 1527185 |
| 17647 |  | SG Micro Corp | 246169 |
| 490871 |  | Shaanxi Coal Industry Co Ltd | 1296106 |
| 208845 |  | Shandong Gold Mining Co Ltd - A | 874259 |
| 715624 | (b),(c) | Shandong Gold Mining Co Ltd - H | 2108215 |
| 66800 |  | Shandong Himile Mechanical Science & Technology Co Ltd | 522372 |
| 212690 |  | Shandong Hualu Hengsheng Chemical Co Ltd | 597245 |
| 44800 |  | Shandong Linglong Tyre Co Ltd | 87897 |
| 673600 |  | Shandong Nanshan Aluminum Co Ltd | 338765 |
| 104900 |  | Shandong Sun Paper Industry JSC Ltd | 202259 |
| 2309390 |  | Shandong Weigao Group Medical Polymer Co Ltd | 1699854 |
| 653362 |  | Shanghai Baosight Software Co Ltd | 959259 |
| 90417 |  | Shanghai Baosight Software Co Ltd | 334866 |
| 707900 |  | Shanghai Electric Group Co Ltd | 712820 |
| 123800 |  | Shanghai Fosun Pharmaceutical Group Co Ltd - A | 398484 |
| 11107 |  | Shanghai Friendess Electronic Technology Corp Ltd | 297520 |
| 72400 |  | Shanghai International Airport Co Ltd | 319715 |
| 72700 |  | Shanghai M&G Stationery, Inc | 294154 |
| 173400 |  | Shanghai Pharmaceuticals Holding Co Ltd - A | 428550 |
| 656841 |  | Shanghai Pharmaceuticals Holding Co Ltd - H | 898246 |
| 1614630 |  | Shanghai Pudong Development Bank Co Ltd | 2435703 |
| 172583 |  | Shanghai Putailai New Energy Technology Co Ltd | 399478 |
| 348100 |  | Shanghai RAAS Blood Products Co Ltd | 321914 |
| 468600 |  | Shanghai Rural Commercial Bank Co Ltd | 542147 |
| 39319 |  | Shanghai United Imaging Healthcare Co Ltd | 718434 |
| 82900 |  | Shanghai Zhangjiang High-Tech Park Development Co Ltd | 298723 |
| 85900 |  | Shanxi Lu'an Environmental Energy Development Co Ltd | 129214 |
| 70520 |  | Shanxi Xinghuacun Fen Wine Factory Co Ltd | 1982114 |
| 423370 |  | Shanxi Xishan Coal & Electricity Power Co Ltd | 373641 |
| 265600 |  | Shenergy Co Ltd | 322629 |
| 157100 |  | Shengyi Technology Co Ltd | 527170 |

---

*See Notes to Financial Statements* 123

------

Emerging Markets Equity Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | CHINA (continued) |  |
| 11760 |  | Shennan Circuits Co Ltd | $177424 |
| 1055300 |  | Shenwan Hongyuan Group Co Ltd | 685887 |
| 387400 |  | Shenzhen Energy Group Co Ltd | 341446 |
| 26500 |  | Shenzhen Goodix Technology Co Ltd | 256210 |
| 60927 |  | Shenzhen Inovance Technology Co Ltd | 599721 |
| 66500 |  | Shenzhen Mindray Bio-Medical Electronics Co Ltd | 2011219 |
| 44500 |  | Shenzhen New Industries Biomedical Engineering Co Ltd | 321012 |
| 47700 |  | Shenzhen Salubris Pharmaceuticals Co Ltd | 268622 |
| 59469 |  | Shenzhen Transsion Holdings Co Ltd | 614711 |
| 772900 |  | Shenzhou International Group Holdings Ltd | 5357510 |
| 89680 |  | Shijiazhuang Yiling Pharmaceutical Co Ltd | 169706 |
| 264800 |  | Sichuan Changhong Electric Co Ltd | 383026 |
| 212573 |  | Sichuan Chuantou Energy Co Ltd | 497126 |
| 73700 |  | Sichuan Kelun Pharmaceutical Co Ltd | 367674 |
| 444640 |  | Sichuan Road and Bridge Group Co Ltd | 531808 |
| 52400 |  | Sieyuan Electric Co Ltd | 519780 |
| 296000 |  | Silergy Corp | 3731464 |
| 208200 |  | Sinolink Securities Co Ltd | 232989 |
| 1155200 |  | Sinopharm Group Co Ltd | 2722515 |
| 626000 |  | Sinotruk Hong Kong Ltd | 1504216 |
| 1664000 | (b),(c) | Smoore International Holdings Ltd | 2880079 |
| 261456 |  | SooChow Securities Co Ltd | 281419 |
| 542900 |  | Southwest Securities Co Ltd | 307859 |
| 46200 |  | Spring Airlines Co Ltd | 340852 |
| 104020 |  | Sungrow Power Supply Co Ltd | 868456 |
| 642917 |  | Sunny Optical Technology Group Co Ltd | 5409667 |
| 78000 |  | Sunwoda Electronic Co Ltd | 203993 |
| 128000 |  | Suzhou Dongshan Precision Manufacturing Co Ltd | 455504 |
| 12544 |  | Suzhou Maxwell Technologies Co Ltd | 120283 |
| 32760 |  | Suzhou TFC Optical Communication Co Ltd | 314735 |
| 377332 | (a) | TAL Education Group (ADR) | 3301655 |
| 249470 |  | TBEA Co Ltd | 396099 |
| 833690 |  | TCL Technology Group Corp | 475789 |
| 186250 |  | TCL Zhonghuan Renewable Energy Technology Co Ltd | 196495 |
| 5823391 |  | Tencent Holdings Ltd | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;356688185 |
| 684900 |  | Tencent Music Entertainment Group (ADR) | 9191358 |
| 445000 |  | Tianfeng Securities Co Ltd | 239027 |
| 76200 |  | Tianqi Lithium Corp | 301426 |
| 184400 |  | Tianshan Aluminum Group Co Ltd | 189178 |
| 86500 |  | Tianshui Huatian Technology Co Ltd | 110492 |
| 1782025 |  | Tingyi Cayman Islands Holding Corp | 3218927 |
| 1175200 |  | Tongcheng Travel Holdings Ltd | 3082570 |
| 83500 |  | TongFu Microelectronics Co Ltd | 294534 |
| 122000 |  | Tongkun Group Co Ltd | 182801 |
| 1080700 |  | Tongling Nonferrous Metals Group Co Ltd | 470661 |
| 231892 |  | Tongwei Co Ltd | 520913 |
| 869661 |  | Travelsky Technology Ltd | 1210620 |
| 94675 |  | Trina Solar Co Ltd | 170886 |
| 558600 |  | Trip.com Group Ltd | 33650505 |
| 566000 |  | Tsingtao Brewery Co Ltd | 3999624 |
| 40300 |  | Tsingtao Brewery Co Ltd (Class A) | 412913 |
| 34299 |  | Unigroup Guoxin Microelectronics Co Ltd | 302698 |
| 166080 |  | Unisplendour Corp Ltd | 576742 |
| 37600 |  | Universal Scientific Industrial Shanghai Co Ltd | 71809 |
| 44300 |  | Victory Giant Technology Huizhou Co Ltd | 451553 |
| 296497 |  | Vipshop Holdings Ltd (ADR) | 4038289 |
| 158700 |  | Wanhua Chemical Group Co Ltd | 1190610 |
| 4384587 |  | Want Want China Holdings Ltd | 2869334 |
| 1700800 |  | Weichai Power Co Ltd | 3318091 |
| 356600 |  | Weichai Power Co Ltd (Class A) | 747917 |
| 41920 |  | Weihai Guangwei Composites Co Ltd | 167763 |
| 392660 |  | Wens Foodstuffs Group Co Ltd | 916351 |

---

124 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | CHINA (continued) |  |
| 118300 |  | Western Mining Co Ltd | $250972 |
| 255800 |  | Western Securities Co Ltd | 265367 |
| 24665 |  | Western Superconducting Technologies Co Ltd | 159547 |
| 62790 |  | Will Semiconductor Co Ltd | 1140522 |
| 50200 |  | Wingtech Technology Co Ltd | 241102 |
| 1538900 |  | Wintime Energy Group Co Ltd | 283888 |
| 125768 |  | Wuhan Guide Infrared Co Ltd | 142808 |
| 209700 |  | Wuliangye Yibin Co Ltd | 3716526 |
| 98790 |  | WUS Printed Circuit Kunshan Co Ltd | 382227 |
| 127404 |  | WuXi AppTec Co Ltd - A | 1039768 |
| 279677 | (b),(c) | WuXi AppTec Co Ltd - H | 2161510 |
| 3131301 | (a),(b) | Wuxi Biologics Cayman, Inc | 9094637 |
| 561100 |  | XCMG Construction Machinery Co Ltd | 681162 |
| 201636 |  | Xiamen C & D, Inc | 289220 |
| 47100 |  | Xiamen Tungsten Co Ltd | 118977 |
| 14855236 | (a),(b) | Xiaomi Corp | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95106182 |
| 74862 |  | Xinjiang Daqo New Energy Co Ltd | 183597 |
| 158100 |  | Xinjiang Goldwind Science & Technology Co Ltd - A | 190479 |
| 4545290 | (c) | Xinyi Solar Holdings Ltd | 1511583 |
| 1114589 | (a),(c) | XPeng, Inc | 10375722 |
| 1156000 | (b) | Yadea Group Holdings Ltd | 2086413 |
| 56500 |  | Yantai Jereh Oilfield Services Group Co Ltd | 244361 |
| 2789204 | (c) | Yanzhou Coal Mining Co Ltd | 2913107 |
| 208795 |  | Yanzhou Coal Mining Co Ltd (Class A) | 350818 |
| 69953 |  | Yealink Network Technology Corp Ltd | 319947 |
| 83845 |  | Yifeng Pharmacy Chain Co Ltd | 326945 |
| 71500 |  | Yihai Kerry Arawana Holdings Co Ltd | 313006 |
| 185420 |  | Yintai Gold Co Ltd | 521250 |
| 553100 |  | Yonghui Superstores Co Ltd | 389504 |
| 153999 |  | Yonyou Network Technology Co Ltd | 312812 |
| 437100 |  | Youngor Group Co Ltd | 451075 |
| 155000 |  | YTO Express Group Co Ltd | 279580 |
| 343445 |  | Yum China Holdings, Inc | 14874603 |
| 269100 |  | Yunnan Aluminium Co Ltd | 563837 |
| 124960 |  | Yunnan Baiyao Group Co Ltd | 985208 |
| 337400 |  | Yunnan Chihong Zinc&Germanium Co Ltd | 236058 |
| 85300 |  | Yunnan Energy New Material Co Ltd | 325749 |
| 100300 |  | Yunnan Yuntianhua Co Ltd | 308509 |
| 76600 |  | Zangge Mining Co Ltd | 381531 |
| 33195 |  | Zhangzhou Pientzehuang Pharmaceutical Co Ltd | 937645 |
| 1416141 |  | Zhaojin Mining Industry Co Ltd | 3373738 |
| 349900 |  | Zhejiang China Commodities City Group Co Ltd | 737825 |
| 119716 |  | Zhejiang Chint Electrics Co Ltd | 367548 |
| 180800 |  | Zhejiang Dahua Technology Co Ltd | 392228 |
| 30420 |  | Zhejiang Dingli Machinery Co Ltd | 182039 |
| 1607971 |  | Zhejiang Expressway Co Ltd | 1325344 |
| 68828 |  | Zhejiang Huayou Cobalt Co Ltd | 321083 |
| 53700 |  | Zhejiang Jingsheng Mechanical & Electrical Co Ltd | 202940 |
| 168600 |  | Zhejiang Juhua Co Ltd | 591485 |
| 447500 | (a),(b) | Zhejiang Leapmotor Technologies Ltd | 3202442 |
| 296746 |  | Zhejiang Longsheng Group Co Ltd | 401072 |
| 134164 |  | Zhejiang NHU Co Ltd | 408590 |
| 90600 |  | Zhejiang Sanhua Intelligent Controls Co Ltd | 334888 |
| 35967 |  | Zhejiang Supcon Technology Co Ltd | 233851 |
| 26400 |  | Zhejiang Supor Co Ltd | 204426 |
| 137400 |  | Zhejiang Wanfeng Auto Wheel Co Ltd | 315948 |
| 58370 |  | Zhejiang Weiming Environment Protection Co Ltd | 156491 |
| 745100 |  | Zhejiang Zheneng Electric Power Co Ltd | 538836 |
| 103500 |  | Zhengzhou Yutong Bus Co Ltd | 382481 |
| 201800 |  | Zheshang Securities Co Ltd | 291947 |
| 63280 |  | Zhongji Innolight Co Ltd | 739982 |
| 378800 |  | Zhongjin Gold Corp Ltd | 713470 |

---

*See Notes to Financial Statements* 125

------

Emerging Markets Equity Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | CHINA (continued) |  |
| 653500 |  | Zhongsheng Group Holdings Ltd | $983309 |
| 301900 |  | Zhongtai Securities Co Ltd | 253848 |
| 44389 |  | Zhuzhou CRRC Times Electric Co Ltd | 277589 |
| 420500 |  | Zhuzhou CSR Times Electric Co Ltd | 1687817 |
| 5219299 |  | Zijin Mining Group Co Ltd | 11402513 |
| 1118300 |  | Zijin Mining Group Co Ltd (Class A) | 2696340 |
| 328700 |  | Zoomlion Heavy Industry Science and Technology Co Ltd - A | 331870 |
| 208400 |  | ZTE Corp | 920110 |
| 665064 | (c) | ZTE Corp (Class H) | 1963355 |
| 380500 |  | ZTO Express Cayman, Inc | 7086386 |
|  |  | TOTAL CHINA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2103300197 |
|  |  | COLOMBIA - 0.1% |  |
| 219410 |  | BanColombia S.A. | 2601410 |
| 413561 |  | BanColombia S.A. (Preference) | 4247604 |
| 384740 |  | Interconexion Electrica S.A. ESP | 1984900 |
|  |  | TOTAL COLOMBIA | 8833914 |
|  |  | CZECH REPUBLIC - 0.2% |  |
| 147936 |  | CEZ AS | 7509162 |
| 67865 |  | Komercni Banka AS | 3298360 |
| 160838 | (b) | Moneta Money Bank AS | 994225 |
|  |  | TOTAL CZECH REPUBLIC | 11801747 |
|  |  | EGYPT - 0.1% |  |
| 2046994 |  | Commercial International Bank | 3260773 |
| 1477240 |  | Eastern Tobacco | 1017183 |
| 530346 |  | Talaat Moustafa Group | 541823 |
|  |  | TOTAL EGYPT | 4819779 |
|  |  | GREECE - 0.6% |  |
| 2041167 |  | Alpha Services and Holdings S.A. | 4976836 |
| 2320519 |  | Eurobank Ergasias Services and Holdings S.A. | 6585691 |
| 12741 | (a),(d) | FF Group | 144 |
| 156716 |  | Hellenic Telecommunications Organization S.A. | 2974000 |
| 100201 |  | JUMBO S.A. | 3155655 |
| 92405 |  | Mytilineos Holdings S.A. | 4373278 |
| 795633 |  | National Bank of Greece S.A. | 8444425 |
| 169748 |  | OPAP S.A. | 3771667 |
| 928009 |  | Piraeus Financial Holdings S.A. | 5211726 |
| 176405 |  | Public Power Corp | 2644277 |
|  |  | TOTAL GREECE | 42137699 |
|  |  | HONG KONG - 0.1% |  |
| 2285600 | (a) | J&T Global Express Ltd | 1775640 |
| 114406 |  | Orient Overseas International Ltd | 1598077 |
| 9823331 |  | Sino Biopharmaceutical Ltd | 4933269 |
|  |  | TOTAL HONG KONG | 8306986 |
|  |  | HUNGARY - 0.3% |  |
| 345464 |  | MOL Hungarian Oil & Gas plc | 2925286 |
| 204002 |  | OTP Bank Rt | 15069221 |
| 127300 |  | Richter Gedeon Rt | 3860832 |
|  |  | TOTAL HUNGARY | 21855339 |
|  |  | INDIA - 19.2% |  |
| 52318 |  | ABB Ltd India | 3417932 |
| 142617 |  | Adani Enterprises Ltd | 3884028 |
| 485316 |  | Adani Ports & Special Economic Zone Ltd | 6982085 |
| 523456 | (a) | Adani Power Ltd | 3289115 |
| 38599 |  | Alkem Laboratories Ltd | 2338391 |
| 533689 |  | Ambuja Cements Ltd | 3402486 |
| 161827 |  | APL Apollo Tubes Ltd | 3093378 |
| 92169 |  | Apollo Hospitals Enterprise Ltd | 7618133 |
| 1393763 |  | Ashok Leyland Ltd | 3720919 |
| 341908 |  | Asian Paints Ltd | 9819445 |
| 115337 |  | Astral Ltd | 1835611 |
| 311240 | (b) | AU Small Finance Bank Ltd | 2498832 |

---

126 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | INDIA (continued) |  |
| 243302 | (a) | Aurobindo Pharma Ltd | $3546413 |
| 154770 | (a),(b) | Avenue Supermarts Ltd | 7674825 |
| 2073265 |  | Axis Bank Ltd | 29081915 |
| 66362 |  | Bajaj Auto Ltd | 6304854 |
| 251864 |  | Bajaj Finance Ltd | 25699320 |
| 346593 |  | Bajaj Finserv Ltd | 8005530 |
| 24065 |  | Bajaj Holdings & Investment Ltd | 3421316 |
| 61563 |  | Balkrishna Industries Ltd | 1946585 |
| 1062890 |  | Bank of Baroda | 3145155 |
| 3274092 |  | Bharat Electronics Ltd | 12178069 |
| 214102 |  | Bharat Forge Ltd | 2804589 |
| 906132 |  | Bharat Heavy Electricals Ltd | 2429590 |
| 1323682 |  | Bharat Petroleum Corp Ltd | 4850989 |
| 2341466 |  | Bharti Airtel Ltd | 51648600 |
| 6206 |  | Bosch Ltd | 2161176 |
| 93667 |  | Britannia Industries Ltd | 6030184 |
| 58937 |  | BSE Ltd | 4457320 |
| 226693 |  | Cadila Healthcare Ltd | 2386678 |
| 1642224 |  | Canara Bank | 1893101 |
| 577945 |  | CG Power & Industrial Solutions Ltd | 4283216 |
| 365060 |  | Cholamandalam Investment and Finance Co Ltd | 6456944 |
| 482754 |  | Cipla Ltd | 8858881 |
| 1659720 |  | Coal India Ltd | 7562150 |
| 115995 |  | Colgate-Palmolive India Ltd | 3554542 |
| 259808 |  | Container Corp Of India Ltd | 2075122 |
| 116320 |  | Cummins India Ltd | 3993817 |
| 437784 |  | Dabur India Ltd | 2528178 |
| 110849 |  | Divi's Laboratories Ltd | 8001494 |
| 31603 |  | Dixon Technologies India Ltd | 6160853 |
| 698541 |  | DLF Ltd | 5571834 |
| 542142 |  | Dr Reddy's Laboratories Ltd | 7610131 |
| 125039 |  | Eicher Motors Ltd | 8233997 |
| 2107694 |  | GAIL India Ltd | 4711831 |
| 2228879 | (a) | GMR Infrastructure Ltd | 2297746 |
| 354849 |  | Godrej Consumer Products Ltd | 5292335 |
| 144492 | (a) | Godrej Properties Ltd | 3691332 |
| 222884 |  | Grasim Industries Ltd | 7232728 |
| 208982 |  | Havells India Ltd | 3957249 |
| 878568 |  | HCL Technologies Ltd | 16295599 |
| 84439 | (b) | HDFC Asset Management Co Ltd | 4375856 |
| 5122070 |  | HDFC Bank Ltd | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;116342422 |
| 893735 | (b) | HDFC Life Insurance Co Ltd | 7857612 |
| 114530 |  | Hero Honda Motors Ltd | 5189100 |
| 1246432 |  | Hindalco Industries Ltd | 9212325 |
| 180091 |  | Hindustan Aeronautics Ltd | 9549955 |
| 743346 |  | Hindustan Lever Ltd | 20637469 |
| 958774 |  | Hindustan Petroleum Corp Ltd | 4290893 |
| 152425 | (a) | Hyundai Motor India Ltd | 3080840 |
| 4756707 |  | ICICI Bank Ltd | 79956788 |
| 211706 | (b) | ICICI Lombard General Insurance Co Ltd | 4703673 |
| 304887 | (b) | ICICI Prudential Life Insurance Co Ltd | 2214461 |
| 3451983 | (a) | IDFC First Bank Ltd | 2656439 |
| 793509 |  | Indian Hotels Co Ltd | 7383255 |
| 2439521 |  | Indian Oil Corp Ltd | 3977326 |
| 227529 |  | Indian Railway Catering & Tourism Corp Ltd | 2025519 |
| 1118071 | (a) | Indus Towers Ltd | 5388131 |
| 515199 |  | IndusInd Bank Ltd | 5116757 |
| 60182 |  | Info Edge India Ltd | 5034181 |
| 2995986 |  | Infosys Technologies Ltd | 52962839 |
| 176810 | (a),(b) | InterGlobe Aviation Ltd | 11017263 |
| 2715265 |  | ITC Ltd | 13671353 |
| 274810 |  | Jindal Stainless Ltd | 1900051 |

---

*See Notes to Financial Statements* 127

------

Emerging Markets Equity Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | INDIA (continued) |  |
| 366612 |  | Jindal Steel & Power Ltd | $3895036 |
| 417223 |  | JSW Energy Ltd | 2367518 |
| 559009 |  | JSW Steel Ltd | 6829520 |
| 292311 |  | Jubilant Foodworks Ltd | 2471736 |
| 351862 |  | Kalyan Jewellers India Ltd | 2149035 |
| 1008204 |  | Kotak Mahindra Bank Ltd | 26350230 |
| 607281 |  | Larsen & Toubro Ltd | 24037765 |
| 68540 | (b) | LTIMindtree Ltd | 3719631 |
| 217679 |  | Lupin Ltd | 5413041 |
| 288171 | (b) | Macrotech Developers Ltd | 4534090 |
| 842811 |  | Mahindra & Mahindra Ltd | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29201035 |
| 113904 | (a) | Mankind Pharma Ltd | 3320358 |
| 462195 |  | Marico Ltd | 3885843 |
| 115402 |  | Maruti Suzuki India Ltd | 16727939 |
| 705483 |  | Max Healthcare Institute Ltd | 9153114 |
| 89550 |  | Mphasis Ltd | 2615371 |
| 2066 |  | MRF Ltd | 3287835 |
| 95097 |  | Muthoot Finance Ltd | 2448150 |
| 327209 |  | Nestle India Ltd | 9248403 |
| 2773827 |  | NHPC Ltd | 2811360 |
| 2919507 |  | NMDC Ltd | 2239744 |
| 3931030 |  | NTPC Ltd | 16469022 |
| 116652 |  | Oberoi Realty Ltd | 2264527 |
| 2879936 |  | Oil & Natural Gas Corp Ltd | 8333326 |
| 557610 |  | Oil India Ltd | 2709825 |
| 19313 |  | Oracle Financial Services Software Ltd | 1995682 |
| 5687 |  | Page Industries Ltd | 3066035 |
| 296761 | (a) | PB Fintech Ltd | 5702083 |
| 101661 |  | Persistent Systems Ltd | 6398006 |
| 722367 |  | Petronet LNG Ltd | 2681870 |
| 166440 |  | Phoenix Mills Ltd | 3276108 |
| 72217 |  | PI Industries Ltd | 3110831 |
| 132375 |  | Pidilite Industries Ltd | 4758887 |
| 47626 |  | Polycab India Ltd | 3107830 |
| 1325464 |  | Power Finance Corp Ltd | 6411755 |
| 4267440 |  | Power Grid Corp of India Ltd | 15499076 |
| 171437 |  | Prestige Estates Projects Ltd | 2789533 |
| 1967694 |  | Punjab National Bank | 2333117 |
| 444348 |  | Rail Vikas Nigam Ltd | 1844405 |
| 1159726 |  | REC Ltd | 5788904 |
| 5501382 |  | Reliance Industries Ltd | 91346729 |
| 2559501 | (a) | Reliance Strategic Investments Ltd | 7905051 |
| 3033018 |  | Samvardhana Motherson International Ltd | 4788675 |
| 244066 |  | SBI Cards & Payment Services Ltd | 2524918 |
| 392645 | (b) | SBI Life Insurance Co Ltd | 8211810 |
| 7222 |  | Shree Cement Ltd | 2538980 |
| 1267055 |  | Shriram Finance Ltd | 9181978 |
| 83207 | (a),(d) | Siemens Energy India Ltd | 2440699 |
| 83207 |  | Siemens India Ltd | 2853631 |
| 22987 |  | Solar Industries India Ltd | 3580246 |
| 367553 | (b) | Sona Blw Precision Forgings Ltd | 2092331 |
| 126974 |  | SRF Ltd | 4525063 |
| 1603876 |  | State Bank of India | 14979558 |
| 882051 |  | Sun Pharmaceutical Industries Ltd | 19130400 |
| 54006 |  | Sundaram Finance Ltd | 3369504 |
| 55011 |  | Supreme Industries Ltd | 2304215 |
| 8617917 | (a) | Suzlon Energy Ltd | 5746418 |
| 98126 |  | Tata Communications Ltd | 1847341 |
| 818482 |  | Tata Consultancy Services Ltd | 33410333 |
| 559178 |  | Tata Consumer Products Ltd | 7715785 |
| 32748 |  | Tata Elxsi Ltd | 2237313 |
| 1830392 |  | Tata Motors Ltd | 13948857 |

---

128 *See Notes to Financial Statements*

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | INDIA (continued) |  |
| 1401873 | Tata Power Co Ltd | $6370110 |
| 6709129 | Tata Steel Ltd | 11167203 |
| 512287 | Tech Mahindra Ltd | 9111815 |
| 35255 | Thermax Ltd | 1373267 |
| 341247 | Titan Co Ltd | 13633492 |
| 113910 | Torrent Pharmaceuticals Ltd | 4479760 |
| 145452 | Torrent Power Ltd | 2647989 |
| 162683 | Trent Ltd | 9943868 |
| 90570 | Tube Investments of India Ltd | 3105648 |
| 202674 | TVS Motor Co Ltd | 6404824 |
| 105739 | Ultra Tech Cement Ltd | 14571097 |
| 1496774 | Union Bank of India | 2228983 |
| 245378 | United Spirits Ltd | 4537503 |
| 383500 | UPL Ltd | 3041423 |
| 1193966 | Varun Beverages Ltd | 7371404 |
| 1212075 | Vedanta Ltd | 6018592 |
| 22263413 (a) | Vodafone Idea Ltd | 1872542 |
| 193232 | Voltas Ltd | 2832167 |
| 2365585 | Wipro Ltd | 6756326 |
| 12854690 (a) | Yes Bank Ltd | 2698074 |
| 6522765 (a) | Zomato Ltd | 17852704 |
|  | TOTAL INDIA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1378427253 |
|  | INDONESIA - 1.3% |  |
| 13402754 | Adaro Energy Indonesia Tbk PT | 1535287 |
| 6135500 (a) | Amman Mineral Internasional PT | 2634764 |
| 18586754 | Astra International Tbk PT | 5372054 |
| 50751129 | Bank Central Asia Tbk PT | 26983883 |
| 14094318 | Bank Negara Indonesia Persero Tbk PT | 3551756 |
| 61991050 | Bank Rakyat Indonesia | 14357731 |
| 24584203 | Barito Pacific Tbk PT | 1102836 |
| 7217700 | Chandra Asri Pacific Tbk PT | 3428809 |
| 5864500 | Charoen Pokphand Indonesia Tbk PT | 1672284 |
| 786432776 (a) | GoTo Gojek Tokopedia Tbk PT | 4012390 |
| 2207641 | Indofood CBP Sukses Makmur Tbk PT | 1509441 |
| 18359800 | Kalbe Farma Tbk PT | 1513307 |
| 34501278 | PT Bank Mandiri Persero Tbk | 10188482 |
| 4235370 | PT Indofood Sukses Makmur Tbk | 2043024 |
| 1217073 | PT United Tractors Tbk | 1663275 |
| 17690600 | Sumber Alfaria Trijaya Tbk PT | 2290130 |
| 43438583 | Telkom Indonesia Persero Tbk PT | 6846731 |
|  | TOTAL INDONESIA | 90706184 |
|  | KOREA, REPUBLIC OF - 9.3% |  |
| 36236 (a) | Alteogen, Inc | 8937973 |
| 27195 | Amorepacific Corp | 2385047 |
| 141761 | Celltrion, Inc | 16076658 |
| 7408 | CJ CheilJedang Corp | 1245917 |
| 46371 | Coway Co Ltd | 2855084 |
| 47215 | Daewoo International Corp | 1627718 |
| 84568 (a) | Daewoo Shipbuilding & Marine Engineering Co Ltd | 4672623 |
| 42373 | Dongbu Insurance Co Ltd | 2729894 |
| 49570 | Doosan Bobcat, Inc | 1704242 |
| 404514 (a) | Doosan Heavy Industries and Construction Co Ltd | 8218335 |
| 45061 | Ecopro BM Co Ltd | 3209699 |
| 93294 | Ecopro Co Ltd | 3335352 |
| 22438 (a) | Ecopro Materials Co Ltd | 873542 |
| 259473 | Hana Financial Group, Inc | 11767127 |
| 21252 | Hanjin Kal Corp | 1183406 |
| 67727 | Hankook Tire & Technology Co Ltd | 1967186 |
| 39619 | Hanmi Semiconductor Co Ltd | 2120305 |
| 39907 | HD Hyundai Co Ltd | 2207058 |
| 20648 | HD Hyundai Electric Co Ltd | 4493516 |
| 19617 | HD Hyundai Heavy Industries Co Ltd | 5548262 |

---

*See Notes to Financial Statements* 129

------

Emerging Markets Equity Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | KOREA, REPUBLIC OF (continued) |  |
| 105380 | (a) | HLB, Inc | $4202339 |
| 230541 |  | HMM Co Ltd | 2967161 |
| 20149 |  | HYBE Co Ltd | 3791640 |
| 492694 |  | Hynix Semiconductor, Inc | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61474944 |
| 34317 |  | Hyundai Glovis Co Ltd | 2751599 |
| 37899 |  | Hyundai Heavy Industries | 7249952 |
| 54512 |  | Hyundai Mobis | 10232371 |
| 123225 |  | Hyundai Motor Co | 16512090 |
| 32969 |  | Hyundai Motor Co Ltd (2nd Preference) | 3539201 |
| 20847 |  | Hyundai Motor Co Ltd (Preference) | 2197129 |
| 69421 |  | Hyundai Rotem Co Ltd | 5471695 |
| 250684 |  | Industrial Bank of Korea | 2705485 |
| 279952 |  | Kakao Corp | 7520837 |
| 154956 |  | KakaoBank Corp | 2428818 |
| 337960 |  | KB Financial Group, Inc | 21358631 |
| 215048 |  | Kia Motors Corp | 13667003 |
| 64207 |  | Korea Aerospace Industries Ltd | 3758074 |
| 221295 |  | Korea Electric Power Corp | 3991065 |
| 32973 |  | Korea Investment Holdings Co Ltd | 1925130 |
| 3871 |  | Korea Zinc Co Ltd | 2158718 |
| 164193 |  | Korean Air Lines Co Ltd | 2420672 |
| 25776 | (a),(b) | Krafton, Inc | 6748210 |
| 84781 |  | KT&G Corp | 6843036 |
| 45481 |  | LG Chem Ltd | 6893113 |
| 79904 |  | LG Corp | 3741817 |
| 263913 |  | LG Display Co Ltd | 1567879 |
| 97318 |  | LG Electronics, Inc | 4884934 |
| 42681 | (a) | LG Energy Solution Ltd | 9737723 |
| 8690 |  | LG Household & Health Care Ltd | 2059021 |
| 11674 |  | LG Innotek Co Ltd | 1147520 |
| 193569 |  | LG Telecom Ltd | 1634415 |
| 13453 |  | LS Electric Co Ltd | 1943046 |
| 83858 |  | Meritz Financial Group, Inc | 7325888 |
| 204405 |  | Mirae Asset Daewoo Co Ltd | 1699080 |
| 128550 |  | Naver Corp | 18087703 |
| 12743 |  | NCSoft Corp | 1311701 |
| 20789 |  | Orion Corp/Republic of Korea | 1801966 |
| 63323 |  | POSCO | 11572455 |
| 28733 |  | POSCO Future M Co Ltd | 2522586 |
| 15796 | (a),(b) | Samsung Biologics Co Ltd | 11690122 |
| 80261 |  | Samsung C&T Corp | 6907212 |
| 48048 |  | Samsung Electro-Mechanics Co Ltd | 3964141 |
| 4307744 |  | Samsung Electronics Co Ltd | 168077551 |
| 744959 |  | Samsung Electronics Co Ltd (Preference) | 24591577 |
| 27334 |  | Samsung Fire & Marine Insurance Co Ltd | 7211466 |
| 609199 | (a) | Samsung Heavy Industries Co Ltd | 6241613 |
| 71390 |  | Samsung Life Insurance Co Ltd | 4334630 |
| 55690 |  | Samsung SDI Co Ltd | 6896125 |
| 37486 |  | Samsung SDS Co Ltd | 3378113 |
| 28798 |  | Samsung Techwin Co Ltd | 16184579 |
| 386502 |  | Shinhan Financial Group Co Ltd | 13968170 |
| 28302 | (a) | SK Biopharmaceuticals Co Ltd | 2122293 |
| 60485 |  | SK Innovation Co Ltd | 4017483 |
| 86515 | (a) | SK Square Co Ltd | 5348773 |
| 44432 |  | SK Telecom Co Ltd | 1697603 |
| 33508 |  | SK, Inc | 3118617 |
| 18120 |  | SKC Co Ltd | 1299929 |
| 41250 |  | S-Oil Corp | 1506691 |
| 584121 |  | Woori Financial Group, Inc | 7273798 |
| 107349 |  | Woori Investment & Securities Co Ltd | 1160537 |

---

130 *See Notes to Financial Statements*

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | KOREA, REPUBLIC OF (continued) |  |
| 50122 | Yuhan Corp | $4016682 |
|  | TOTAL KOREA, REPUBLIC OF | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;666013296 |
|  | KUWAIT - 0.8% |  |
| 1408663 | Boubyan Bank KSCP | 3120660 |
| 1804013 | Gulf Bank KSCP | 1979976 |
| 9938312 | Kuwait Finance House KSCP | 23468586 |
| 666171 | Mabanee Co SAK | 1723568 |
| 1658156 | Mobile Telecommunications Co KSCP | 2561329 |
| 7505468 | National Bank of Kuwait SAKP | 23341344 |
|  | TOTAL KUWAIT | 56195463 |
|  | LUXEMBOURG - 0.1% |  |
| 120340 | Reinet Investments S.C.A | 3160395 |
| 264631 (a) | Zabka Group S.A. | 1510363 |
|  | TOTAL LUXEMBOURG | 4670758 |
|  | MALAYSIA - 1.4% |  |
| 2189433 | AMMB Holdings BHD | 2619469 |
| 2323074 | Axiata Group Bhd | 1130627 |
| 7365052 | Bumiputra-Commerce Holdings BHD | 12166361 |
| 2906039 | Digi.Com BHD | 2574961 |
| 4208158 | Gamuda BHD | 4146163 |
| 1831975 | Genting BHD | 1360046 |
| 580787 | Hong Leong Bank BHD | 2692014 |
| 1964570 | IHH Healthcare Bhd | 3150597 |
| 2128700 | IOI Corp BHD | 1804544 |
| 439339 | Kuala Lumpur Kepong BHD | 1998940 |
| 4897049 | Malayan Banking BHD | 11347966 |
| 1962800 | Maxis Bhd | 1687656 |
| 1231800 | MISC Bhd | 2141940 |
| 3042587 (b) | MR DIY Group M Bhd | 1186213 |
| 60400 | Nestle Malaysia Bhd | 1217224 |
| 2637100 | Petronas Chemicals Group Bhd | 2250163 |
| 371400 | Petronas Dagangan BHD | 1698681 |
| 727800 | Petronas Gas BHD | 2951680 |
| 559259 | PPB Group BHD | 1611417 |
| 3188924 | Press Metal Aluminium Holdings Bhd | 3624430 |
| 12994315 | Public Bank Bhd | 13470603 |
| 1481275 | QL Resources Bhd | 1647689 |
| 1330214 | RHB Capital BHD | 2051805 |
| 2368965 | Sime Darby BHD | 1141669 |
| 1731665 | Sime Darby Plantation Bhd | 1904383 |
| 2080700 | Sunway BHD | 2193293 |
| 1018951 | Telekom Malaysia BHD | 1605851 |
| 2608758 | Tenaga Nasional BHD | 8390130 |
| 3231900 | YTL Corp BHD | 1437367 |
| 2418900 | YTL Power International BHD | 1916221 |
|  | TOTAL MALAYSIA | 99120103 |
|  | MEXICO - 2.2% |  |
| 3339000 | Alfa S.A. de C.V. (Class A) | 2439911 |
| 16791741 | America Movil SAB de C.V. | 14487966 |
| 479157 | Arca Continental SAB de C.V. | 5042382 |
| 13773897 | Cemex S.A. de C.V. | 8498720 |
| 480710 | Coca-Cola Femsa SAB de C.V. | 4527776 |
| 2661300 | Fibra Uno Administracion S.A. de C.V. | 3432053 |
| 1576977 | Fomento Economico Mexicano S.A. de C.V. | 16595229 |
| 160970 | Gruma SAB de C.V. | 3076164 |
| 258300 | Grupo Aeroportuario del Centro Norte Sab de C.V. | 2852160 |
| 343645 (c) | Grupo Aeroportuario del Pacifico S.A. de C.V. (B Shares) | 6977165 |
| 154061 | Grupo Aeroportuario del Sureste S.A. de C.V. (Class B) | 4880255 |
| 1105289 (c) | Grupo Bimbo S.A. de C.V. (Series A) | 3360872 |
| 523752 (c) | Grupo Carso S.A. de C.V. (Series A1) | 3641332 |
| 255200 (c) | Grupo Comercial Chedraui S.a. DE C.V. | 1650494 |
| 2352228 | Grupo Financiero Banorte S.A. de C.V. | 20213532 |

---

*See Notes to Financial Statements* 131

------

Emerging Markets Equity Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | MEXICO (continued) |  |
| 1669344 | (a),(c) | Grupo Financiero Inbursa S.A. | $4291152 |
| 2800732 |  | Grupo Mexico S.A. de C.V. (Series B) | 14553152 |
| 179604 | (a) | Industrias Penoles S.A. de C.V. | 3581822 |
| 1525795 |  | Kimberly-Clark de Mexico S.A. de C.V. (Class A) | 2689719 |
| 862057 |  | ProLogis Property Mexico S.A. de C.V. | 3070533 |
| 155580 |  | Promotora y Operadora de Infraestructura SAB de C.V. | 1739976 |
| 188300 | (c) | Qualitas Controladora SAB de C.V. | 2074992 |
| 79810 |  | Southern Copper Corp | 7144591 |
| 4756089 |  | Wal-Mart de Mexico SAB de C.V. | 15073095 |
|  |  | TOTAL MEXICO | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;155895043 |
|  |  | PERU - 0.2% |  |
| 147622 |  | Cia de Minas Buenaventura S.A. (ADR) (Series B) | 2090327 |
| 61414 |  | Credicorp Ltd | 12417297 |
|  |  | TOTAL PERU | 14507624 |
|  |  | PHILIPPINES - 0.5% |  |
| 231103 |  | Ayala Corp | 2480646 |
| 6203393 |  | Ayala Land, Inc | 2782838 |
| 1905193 |  | Bank of the Philippine Islands | 4776937 |
| 2127777 |  | BDO Unibank, Inc | 6106845 |
| 925673 |  | International Container Term Services, Inc | 5661584 |
| 421430 |  | Jollibee Foods Corp | 1731056 |
| 245741 |  | Manila Electric Co | 2507786 |
| 1622680 |  | Metropolitan Bank & Trust | 2235493 |
| 67900 |  | PLDT, Inc | 1581834 |
| 190375 |  | SM Investments Corp | 2963466 |
| 8929468 |  | SM Prime Holdings | 3897958 |
|  |  | TOTAL PHILIPPINES | 36726443 |
|  |  | POLAND - 1.0% |  |
| 501436 | (a),(b) | Allegro.eu S.A. | 4399809 |
| 163808 | (a) | Bank Pekao S.A. | 8210323 |
| 35758 |  | Bank Zachodni WBK S.A. | 5499874 |
| 12659 | (a) | BRE Bank S.A. | 2758199 |
| 57524 |  | CD Projekt S.A. | 3561895 |
| 45509 | (a),(b) | Dino Polska S.A. | 6379787 |
| 115610 |  | KGHM Polska Miedz S.A. | 3690557 |
| 982 |  | LPP S.A. | 4019084 |
| 793133 | (a) | PGE Polska Grupa Energetyczna S.A. | 1732292 |
| 520112 |  | Polski Koncern Naftowy Orlen S.A. | 9392362 |
| 796825 |  | Powszechna Kasa Oszczednosci Bank Polski S.A. | 15319698 |
| 567326 |  | Powszechny Zaklad Ubezpieczen S.A. | 8850739 |
|  |  | TOTAL POLAND | 73814619 |
|  |  | QATAR - 0.8% |  |
| 1909676 |  | Barwa Real Estate Co | 1468578 |
| 2778724 |  | Commercial Bank PSQC | 3285227 |
| 1655601 |  | Dukhan Bank | 1591487 |
| 1366191 |  | Industries Qatar QSC | 4712226 |
| 5394630 |  | Masraf Al Rayan QSC | 3312527 |
| 4931512 |  | Mesaieed Petrochemical Holding Co | 1909357 |
| 724846 |  | Ooredoo QPSC | 2582386 |
| 386003 |  | Qatar Electricity & Water Co QSC | 1620979 |
| 498051 |  | Qatar Fuel QSC | 2051885 |
| 2507049 |  | Qatar Gas Transport Co Ltd | 3152919 |
| 889319 |  | Qatar International Islamic Bank QSC | 2591919 |
| 1564247 |  | Qatar Islamic Bank SAQ | 9069282 |
| 4158818 |  | Qatar National Bank QPSC | 19074459 |
|  |  | TOTAL QATAR | 56423231 |
|  |  | ROMANIA - 0.0% |  |
| 539977 |  | NEPI Rockcastle NV | 4139836 |
|  |  | TOTAL ROMANIA | 4139836 |
|  |  | RUSSIA - 0.0% |  |
| 35937 | (a),(c),(d) | Ozon Holdings plc (ADR) | 359 |
| 911463 | (a),(d) | VTB Bank PJSC (GDR) Equiduct | 9115 |

---

132 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | RUSSIA (continued) |  |
| 281650 | (a),(d) | VTB Bank PJSC (GDR) Tradegate | $2816 |
|  |  | TOTAL RUSSIA | 12290 |
|  |  | SAUDI ARABIA - 3.9% |  |
| 132428 | (a) | ACWA Power Co | 11355914 |
| 311079 |  | Ades Holding Co | 1255854 |
| 1773339 |  | Al Rajhi Bank | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;46067706 |
| 35830 | (a) | Al Rajhi Co for Co-operative Insurance | 1252841 |
| 1102413 |  | Alinma Bank | 8538484 |
| 443410 |  | Almarai Co JSC | 6245888 |
| 802595 |  | Arab National Bank | 4603632 |
| 20234 |  | Arabian Internet & Communications Services Co | 1548296 |
| 686754 |  | Bank AlBilad | 5307122 |
| 515300 | (a) | Bank Al-Jazira | 1857442 |
| 1105603 |  | Banque Saudi Fransi | 5415617 |
| 73102 |  | Bupa Arabia for Cooperative Insurance Co | 3274140 |
| 61890 |  | Co for Cooperative Insurance | 2294387 |
| 29669 |  | Dallah Healthcare Co | 965852 |
| 469674 | (a) | Dar Al Arkan Real Estate Development Co | 2742920 |
| 76939 |  | Dr Sulaiman Al Habib Medical Services Group Co | 5873102 |
| 21363 |  | Elm Co | 5911602 |
| 340437 |  | Etihad Etisalat Co | 5699741 |
| 486768 |  | Jarir Marketing Co | 1639243 |
| 83678 |  | Mouwasat Medical Services Co | 1619817 |
| 28499 |  | Nahdi Medical Co | 863111 |
| 1300714 |  | Riyad Bank | 10677900 |
| 206588 |  | SABIC Agri-Nutrients Co | 5442064 |
| 325926 |  | Sahara International Petrochemical Co | 1652135 |
| 22851 |  | SAL Saudi Logistics Services | 1113670 |
| 1207619 | (a) | Saudi Arabian Mining Co | 16460274 |
| 5233187 | (b) | Saudi Arabian Oil Co | 35381566 |
| 46871 |  | Saudi Aramco Base Oil Co | 1241630 |
| 932476 |  | Saudi Awwal Bank | 8725555 |
| 812796 |  | Saudi Basic Industries Corp | 13218133 |
| 752197 |  | Saudi Electricity Co | 3003820 |
| 318734 |  | Saudi Industrial Investment Group | 1285573 |
| 538989 |  | Saudi Investment Bank | 2165465 |
| 657406 | (a) | Saudi Kayan Petrochemical Co | 1011461 |
| 2653375 |  | Saudi National Bank | 25281410 |
| 33487 | (a) | Saudi Research & Media Group | 1547042 |
| 41465 | (a) | Saudi Tadawul Group Holding Co | 2031242 |
| 1809570 |  | Saudi Telecom Co | 22973876 |
| 246271 |  | Yanbu National Petrochemical Co | 2099655 |
|  |  | TOTAL SAUDI ARABIA | 279645182 |
|  |  | SOUTH AFRICA - 2.9% |  |
| 762317 |  | Absa Group Ltd | 7035364 |
| 80996 | (c) | Anglo American Platinum Ltd | 2773626 |
| 335855 |  | Aspen Pharmacare Holdings Ltd | 2205391 |
| 309270 |  | Bid Corp Ltd | 7772796 |
| 298156 |  | Bidvest Group Ltd | 3779836 |
| 79255 |  | Capitec Bank Holdings Ltd | 14710218 |
| 214875 |  | Clicks Group Ltd | 4569945 |
| 485285 |  | Discovery Ltd | 5374040 |
| 4552408 |  | FirstRand Ltd | 17824230 |
| 809246 |  | Gold Fields Ltd | 18150541 |
| 509222 |  | Harmony Gold Mining Co Ltd | 8001086 |
| 821394 |  | Impala Platinum Holdings Ltd | 4884934 |
| 55279 |  | Kumba Iron Ore Ltd | 961374 |
| 1536127 |  | MTN Group Ltd | 10166572 |
| 153084 |  | Naspers Ltd | 40252233 |
| 428253 |  | Nedbank Group Ltd | 5835131 |
| 4149346 |  | Old Mutual Ltd | 2527362 |
| 771134 |  | OUTsurance Group Ltd | 3165583 |

---

*See Notes to Financial Statements* 133

------

Emerging Markets Equity Index

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | SOUTH AFRICA (continued) |  |
| 2032670 (b) | Pepkor Holdings Ltd | $2942520 |
| 468729 | Remgro Ltd | 4038963 |
| 1648270 | Sanlam Ltd | 7504647 |
| 531939 | Sasol Ltd | 1837351 |
| 451882 | Shoprite Holdings Ltd | 6952737 |
| 1211389 (c) | Standard Bank Group Ltd | 15128014 |
| 530703 | Vodacom Group Ltd | 3926796 |
| 839300 | Woolworths Holdings Ltd | 2598948 |
|  | TOTAL SOUTH AFRICA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;204920238 |
|  | TAIWAN - 17.0% |  |
| 450344 | Accton Technology Corp | 8388251 |
| 2590380 | Acer, Inc | 2830572 |
| 438665 | Advantech Co Ltd | 4595527 |
| 69000 | Alchip Technologies Ltd | 4610974 |
| 2986011 | ASE Technology Holding Co Ltd | 12723985 |
| 2136512 | Asia Cement Corp | 3009374 |
| 297000 | Asia Vital Components Co Ltd | 4360779 |
| 634500 | Asustek Computer, Inc | 11603033 |
| 6139800 | AU Optronics Corp | 2362286 |
| 553389 | Catcher Technology Co Ltd | 3767039 |
| 8556889 | Cathay Financial Holding Co Ltd | 15766149 |
| 1336913 | Chailease Holding Co Ltd | 4810340 |
| 4823886 | Chang Hwa Commercial Bank | 2750685 |
| 1580922 | Cheng Shin Rubber Industry Co Ltd | 2441757 |
| 2752035 | China Airlines | 1812934 |
| 14574522 | China Development Financial Holding Corp | 7559450 |
| 10719151 | China Steel Corp | 6932001 |
| 14988611 | Chinatrust Financial Holding Co | 18469555 |
| 3436763 | Chunghwa Telecom Co Ltd | 13894503 |
| 3960000 | Compal Electronics, Inc | 3412223 |
| 1764768 | Delta Electronics, Inc | 18491585 |
| 774000 | E Ink Holdings, Inc | 5406842 |
| 13295042 | E.Sun Financial Holding Co Ltd | 11792392 |
| 169316 (a) | Eclat Textile Co Ltd | 2206929 |
| 258000 | Elite Material Co Ltd | 4490084 |
| 56000 | eMemory Technology, Inc | 4509204 |
| 2351803 | Eva Airways Corp | 2824820 |
| 956192 | Evergreen Marine Corp Taiwan Ltd | 6195148 |
| 2898071 | Far Eastern Textile Co Ltd | 2982249 |
| 1650589 | Far EasTone Telecommunications Co Ltd | 4426150 |
| 406014 | Feng TAY Enterprise Co Ltd | 1437219 |
| 9729322 | First Financial Holding Co Ltd | 7747531 |
| 3443173 | Formosa Chemicals & Fibre Corp | 2690685 |
| 3890813 | Formosa Plastics Corp | 4145402 |
| 123300 | Fortune Electric Co Ltd | 1625138 |
| 7404932 | Fubon Financial Holding Co Ltd | 19626255 |
| 9556533 | Fuhwa Financial Holdings Co Ltd | 9363112 |
| 478000 | Gigabyte Technology Co Ltd | 3450689 |
| 77000 | Global Unichip Corp | 2473640 |
| 240535 | Globalwafers Co Ltd | 2321416 |
| 11287002 | Hon Hai Precision Industry Co, Ltd | 50286943 |
| 269540 | Hotai Motor Co Ltd | 5246478 |
| 7890726 | Hua Nan Financial Holdings Co Ltd | 6681216 |
| 7131488 | InnoLux Display Corp | 3054125 |
| 225000 | International Games System Co Ltd | 5833326 |
| 2495340 | Inventec Co Ltd | 3187423 |
| 76000 | Jentech Precision Industrial Co Ltd | 2393217 |
| 91125 | Largan Precision Co Ltd | 6496451 |
| 1929778 | Lite-On Technology Corp | 5836086 |
| 78000 | Lotes Co Ltd | 3066938 |
| 1373464 | MediaTek, Inc | 58362699 |
| 10838856 | Mega Financial Holding Co Ltd | 12836245 |

---

134 *See Notes to Financial Statements*

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | TAIWAN (continued) |  |
| 649000 | Micro-Star International Co Ltd | $2838449 |
| 4588271 | Nan Ya Plastics Corp | 4396978 |
| 154000 | Nien Made Enterprise Co Ltd | 1885858 |
| 530474 | Novatek Microelectronics Corp Ltd | 8627231 |
| 1790000 | Pegatron Corp | 4547983 |
| 221025 (a) | PharmaEssentia Corp | 3633851 |
| 1897512 | Pou Chen Corp | 1953997 |
| 525000 | President Chain Store Corp | 4293223 |
| 2444000 (a) | Quanta Computer, Inc | 18361006 |
| 449085 | Realtek Semiconductor Corp | 7382537 |
| 1481975 | Ruentex Development Co Ltd | 1525461 |
| 3607599 | Shanghai Commercial & Savings Bank Ltd | 5320011 |
| 13039661 | Shin Kong Financial Holding Co Ltd | 4811825 |
| 9667204 | SinoPac Financial Holdings Co Ltd | 6459843 |
| 1096522 | Synnex Technology International Corp | 2432674 |
| 10695149 | Taishin Financial Holdings Co Ltd | 5588960 |
| 5921372 | Taiwan Business Bank | 2622504 |
| 6069039 | Taiwan Cement Corp | 5640005 |
| 9058129 | Taiwan Cooperative Financial Holding Co Ltd | 6918319 |
| 1647561 | Taiwan High Speed Rail Corp | 1398717 |
| 1642861 | Taiwan Mobile Co Ltd | 5832988 |
| 22216183 | Taiwan Semiconductor Manufacturing Co Ltd | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;629485575 |
| 1290000 | Unimicron Technology Corp | 3805584 |
| 4421908 | Uni-President Enterprises Corp | 10626566 |
| 10175103 | United Microelectronics Corp | 14278219 |
| 937385 | Vanguard International Semiconductor Corp | 2646248 |
| 61000 | Voltronic Power Technology Corp | 2860366 |
| 617460 | Wan Hai Lines Ltd | 1604885 |
| 2468000 | Wistron Corp | 7919209 |
| 100000 | Wiwynn Corp | 6018127 |
| 1406660 | WPG Holdings Ltd | 2980127 |
| 372414 | Yageo Corp | 5339741 |
| 1564000 | Yang Ming Marine Transport | 3341451 |
| 562127 | Zhen Ding Technology Holding Ltd | 1722026 |
|  | TOTAL TAIWAN | 1216689598 |
|  | THAILAND - 1.2% |  |
| 1050400 | Advanced Info Service PCL | 9265234 |
| 3613856 | Airports of Thailand PCL | 4126967 |
| 10807999 | Bangkok Dusit Medical Services PCL | 7673706 |
| 4624383 | Bangkok Expressway & Metro PCL | 817626 |
| 494800 | Bumrungrad Hospital PCL | 2437817 |
| 1608099 | Central Pattana PCL | 2431190 |
| 1478707 | Central Retail Corp PCL | 1046701 |
| 2775380 | Charoen Pokphand Foods PCL | 2198329 |
| 4901830 | CP ALL plc | 7483710 |
| 1688776 | CP AXTRA PCL | 1274909 |
| 2813200 | Delta Electronics Thailand PCL | 8246173 |
| 3901402 (a) | Gulf Development PCL | 5722757 |
| 4127826 | Home Product Center PCL | 1045837 |
| 465700 | Kasikornbank PCL (Foreign) | 2218237 |
| 2777498 | Krung Thai Bank PCL | 1812476 |
| 605694 | Krungthai Card PCL | 844750 |
| 2786178 | Minor International PCL | 2242492 |
| 1321141 | PTT Exploration & Production PCL | 3913206 |
| 3009522 | PTT Oil & Retail Business PCL | 1304332 |
| 9139832 | PTT PCL | 8413406 |
| 758401 | SCB X PCL | 2670992 |
| 662860 | Siam Cement PCL | 3055843 |
| 19649400 | TMB Bank PCL (Foreign) | 1052909 |

---

*See Notes to Financial Statements* 135

------

Emerging Markets Equity Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION |  | VALUE |
|  | THAILAND (continued) |  |  |
| 8462481 (a) | True Corp PCL |  | $3063711 |
|  | TOTAL THAILAND |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84363310 |
|  | TURKEY - 0.5% |  |  |
| 2862936 | Akbank TAS |  | 3637989 |
| 1217199 | Aselsan Elektronik Sanayi Ve Ticaret AS |  | 4288041 |
| 420716 | BIM Birlesik Magazalar AS |  | 4942679 |
| 655840 | Coca-Cola Icecek AS |  | 889967 |
| 2631788 (a) | Eregli Demir ve Celik Fabrikalari TAS |  | 1545434 |
| 65005 | Ford Otomotiv Sanayi AS |  | 1499796 |
| 949797 | Haci Omer Sabanci Holding AS |  | 1816695 |
| 676334 | KOC Holding AS |  | 2435098 |
| 221930 (a) | Pegasus Hava Tasimaciligi AS. |  | 1290688 |
| 9819736 (a) | Sasa Polyester Sanayi AS |  | 1083147 |
| 492185 (a) | Turk Hava Yollari AO |  | 3651974 |
| 1071700 | Turkcell Iletisim Hizmet AS |  | 2513728 |
| 7684978 | Turkiye Is Bankasi (Series C) |  | 2069144 |
| 853529 | Turkiye Petrol Rafinerileri AS |  | 2774248 |
| 1241629 | Turkiye Sise ve Cam Fabrikalari AS |  | 1109336 |
| 3048373 | Yapi ve Kredi Bankasi |  | 1812974 |
|  | TOTAL TURKEY |  | 37360938 |
|  | UNITED ARAB EMIRATES - 1.4% |  |  |
| 2576255 | Abu Dhabi Commercial Bank PJSC |  | 8163760 |
| 1301484 | Abu Dhabi Islamic Bank PJSC |  | 6479787 |
| 2932415 | Abu Dhabi National Oil Co for Distribution PJSC |  | 2690977 |
| 2780513 | ADNOC Drilling Co PJSC |  | 3709704 |
| 3478598 | Aldar Properties PJSC |  | 7833642 |
| 2856678 | Americana Restaurants International plc |  | 1757142 |
| 2612110 | Dubai Islamic Bank PJSC |  | 5381707 |
| 915972 | Emaar Development PJSC |  | 3338007 |
| 5998420 | Emaar Properties PJSC |  | 21433864 |
| 1697488 | Emirates NBD Bank PJSC |  | 9499954 |
| 3124337 | Emirates Telecommunications Group Co PJSC |  | 14800633 |
| 3969183 | First Abu Dhabi Bank PJSC |  | 16240341 |
| 3338344 (a) | Multiply Group PJSC |  | 1961381 |
|  | TOTAL UNITED ARAB EMIRATES |  | 103290899 |
|  | UNITED KINGDOM - 0.3% |  |  |
| 456727 | AngloGold Ashanti UK Ltd |  | 19014461 |
|  | TOTAL UNITED KINGDOM |  | 19014461 |
|  | UNITED STATES - 0.1% |  |  |
| 716865 | JBS S.A. |  | 5568031 |
| 64260 (a) | Legend Biotech Corp (ADR) |  | 2245887 |
|  | TOTAL UNITED STATES |  | 7813918 |
|  | TOTAL COMMON STOCKS |  |  |
|  | (Cost $5,523,300,718) |  | 7143672373 |
| SHARES | DESCRIPTION | EXPIRATION<br>DATE | VALUE |
|  | RIGHTS/WARRANTS - 0.0% |  |  |
|  | CHINA - 0.0% |  |  |
| 14914 (d) | Kangmei Pharmaceutical Co Ltd | 12/31/28 | 21 |
|  | TOTAL CHINA |  | 21 |
|  | KOREA, REPUBLIC OF - 0.0% |  |  |
| 7090 | Samsung SDI Co Ltd | 05/22/25 | 171828 |
|  | TOTAL KOREA, REPUBLIC OF |  | 171828 |
|  | TOTAL RIGHTS/WARRANTS |  |  |
|  | (Cost $0) |  | 171849 |
|  | TOTAL LONG-TERM INVESTMENTS |  |  |
|  | (Cost $5,523,300,718) |  | 7143844222 |

---

136 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | RATE |  | VALUE |
|  | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.2% | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.2% |  |  |
| 15433464 (e) | State Street Navigator Securities Lending Government Money Market Portfolio | 4.360%(f) |  | $15433464 |
|  | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $15,433,464) |  |  | 15433464 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | SHORT-TERM INVESTMENTS - 1.7% |  |  |  |
|  | GOVERNMENT AGENCY DEBT - 0.2% |  |  |  |
| $5000000 | Federal Home Loan Bank Discount Notes | 0.000 | 05/23/25 | 4986487 |
| 10000000 | Federal Home Loan Bank Discount Notes | 0.000 | 05/28/25 | 9967101 |
|  | TOTAL GOVERNMENT AGENCY DEBT |  |  | 14953588 |
|  | REPURCHASE AGREEMENT - 1.5% |  |  |  |
| 107185000 (g) | Bank of New York Mellon Corp | 4.370 | 05/01/25 | 107185000 |
|  | TOTAL REPURCHASE AGREEMENT |  |  | 107185000 |
|  | TOTAL SHORT-TERM INVESTMENTS<br> (Cost $122,140,267) |  |  | 122138588 |
|  | TOTAL INVESTMENTS - 101.7%<br> (Cost $5,660,874,449) |  |  | 7281416274 |
|  | OTHER ASSETS & LIABILITIES, NET - (1.7)% |  |  | (119622758) |
|  | NET ASSETS - 100.0% |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7161793516 |

---

ADR American Depositary Receipt

GDR Global Depositary Receipt

(a) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

(b) Security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities are deemed liquid and may be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. As of the end of the reporting period, the aggregate value of these securities is $429,213,764 or 5.9% of Total Investments.

(c) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $65,067,098.

(d) For fair value measurement disclosure purposes, investment classified as Level 3.

(e) Investments made with cash collateral received from securities on loan.

(f) The rate shown is the one-day yield as of the end of the reporting period.

(g) Agreement with Bank of New York Mellon Corp, 4.370% dated 4/30/25 to be repurchased at $109,006,938 on 5/1/25, collateralized by Government Agency Securities, with coupon rate 4.625% and maturity date 6/15/27, valued at $109,328,740.

Investments in Derivatives

Futures Contracts - Long

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description | Number of<br>Contracts | Expiration<br>Date | Notional<br>Amount | Value | Unrealized<br>Appreciation<br>(Depreciation) |
|  ICE US MSCI Emerging Markets EM Index Futures | 1256 | 06/20/25 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68744356 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69708000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;963644 |

---

*See Notes to Financial Statements* 137

------

## Portfolio of Investments April 30, 2025
International Equity Index

(Unaudited)

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | LONG-TERM INVESTMENTS - 98.1% |  |
|  | COMMON STOCKS - 98.1% |  |
|  | AUSTRALIA - 6.6% |  |
| 2045535 | APA Group | $10763551 |
| 924300 | Aristocrat Leisure Ltd | 39475974 |
| 4860023 | Australia & New Zealand Banking Group Ltd | 92934604 |
| 315518 | Australian Stock Exchange Ltd | 14287260 |
| 8277700 | BHP Billiton Ltd | 197287819 |
| 686790 | BlueScope Steel Ltd | 10519191 |
| 2283577 | Brambles Ltd | 30009986 |
| 616725 | carsales.com Ltd | 13163563 |
| 108160 | Cochlear Ltd | 18942124 |
| 2204197 | Coles Group Ltd | 29932567 |
| 2729862 | Commonwealth Bank of Australia | 290973509 |
| 872842 | Computershare Ltd | 22808587 |
| 2768322 | Fortescue Metals Group Ltd | 28590363 |
| 17137688 | Glencore plc | 56189926 |
| 3301338 | Goodman Group | 63200272 |
| 3160759 | GPT Group | 9369605 |
| 3936824 | Insurance Australia Group Ltd | 20678046 |
| 3575191 | Lottery Corp Ltd | 11914420 |
| 591332 | Macquarie Group Ltd | 73073867 |
| 4385088 | Medibank Pvt Ltd | 13044429 |
| 5016956 | National Australia Bank Ltd | 115845045 |
| 2175105 | Northern Star Resources Ltd | 26718284 |
| 2817376 | Origin Energy Ltd | 19203249 |
| 96164 | Pro Medicus Ltd | 14100558 |
| 1159207 | Qantas Airways Ltd | 6554063 |
| 2462995 | QBE Insurance Group Ltd | 34038397 |
| 84931 (a) | REA Group Ltd | 13493815 |
| 357157 | Reece Ltd | 3601672 |
| 602261 | Rio Tinto Ltd | 45059498 |
| 1839142 | Rio Tinto plc | 109593445 |
| 5365221 | Santos Ltd | 20625857 |
| 8581236 | Scentre Group | 19880525 |
| 328281 | SGH Ltd | 10736320 |
| 739600 | Sonic Healthcare Ltd | 12349072 |
| 7175936 | South32 Ltd | 12366256 |
| 3890676 | Stockland Trust Group | 13672752 |
| 1804807 | Suncorp-Metway Ltd | 23469863 |
| 6606457 | Telstra Corp Ltd | 19066870 |
| 5068096 | Transurban Group | 45670503 |
| 1401393 | Treasury Wine Estates Ltd | 8010344 |
| 6383233 | Vicinity Ltd | 9653698 |
| 391698 | Washington H Soul Pattinson & Co Ltd | 9323421 |
| 1851302 | Wesfarmers Ltd | 92743285 |
| 5599148 | Westpac Banking Corp | 117499019 |
| 296016 | WiseTech Global Ltd | 16832337 |
| 3116454 | Woodside Energy Group Ltd | 40623390 |
| 1990111 | Woolworths Ltd | 40165681 |
|  | TOTAL AUSTRALIA | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1948056882 |
|  | AUSTRIA - 0.2% |  |
| 509130 | Erste Bank der Oesterreichischen Sparkassen AG. | 34479103 |
| 740172 (b) | Mondi plc | 11235170 |
| 233464 | OMV AG. | 12070932 |
| 104741 | Verbund AG. | 8049447 |
|  | TOTAL AUSTRIA | 65834652 |
|  | BELGIUM - 0.8% |  |
| 240563 | Ageas S.A. | 15087205 |
| 1465790 | Anheuser-Busch InBev S.A. | 96608684 |
| 36264 | Dieteren S.A. | 7241952 |

---

138 *See Notes to Financial Statements*

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | BELGIUM (continued) |  |
| 143973 | Groupe Bruxelles Lambert S.A. | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11876924 |
| 377556 | KBC Groep NV | 34813970 |
| 643 | Lotus Bakeries NV | 6182492 |
| 24115 | Sofina S.A. | 6737543 |
| 123058 | Syensqo S.A. | 8802682 |
| 203933 | UCB S.A. | 37388896 |
|  | TOTAL BELGIUM | 224740348 |
|  | BRAZIL - 0.0% |  |
| 276128 | Yara International ASA | 8961332 |
|  | TOTAL BRAZIL | 8961332 |
|  | CHILE - 0.1% |  |
| 645165 | Antofagasta plc | 14158487 |
|  | TOTAL CHILE | 14158487 |
|  | CHINA - 0.5% |  |
| 6104584 | BOC Hong Kong Holdings Ltd | 25324135 |
| 2233273 | Prosus NV | 104706091 |
| 2044711 | SITC International Holdings Co Ltd | 5655146 |
| 1882042 (a) | Wharf Holdings Ltd | 4727500 |
| 3276550 | Wilmar International Ltd | 7685079 |
| 4095900 (b) | Yangzijiang Shipbuilding Holdings Ltd | 7016125 |
|  | TOTAL CHINA | 155114076 |
|  | DENMARK - 2.3% |  |
| 4430 | AP Moller - Maersk AS (Class A) | 7571137 |
| 7405 | AP Moller - Maersk AS (Class B) | 12750554 |
| 156803 | Carlsberg AS (Class B) | 21364980 |
| 206453 | Coloplast A.S. | 23362851 |
| 1126510 | Danske Bank AS | 39526482 |
| 133677 (b) | Demant A.S. | 4868099 |
| 334140 | DSV AS | 70824216 |
| 103217 (b) | Genmab AS | 21885989 |
| 5256125 | Novo Nordisk A.S. | 351432460 |
| 574166 | Novozymes A.S. | 37296287 |
| 275815 | Orsted AS | 10975496 |
| 130924 | Pandora A.S. | 19489722 |
| 140681 | ROCKWOOL A.S. | 6422110 |
| 550196 | Tryg A.S. | 13126546 |
| 1625010 | Vestas Wind Systems A.S. | 21664958 |
| 109476 (b) | Zealand Pharma AS | 7742811 |
|  | TOTAL DENMARK | 670304698 |
|  | FINLAND - 1.0% |  |
| 228004 | Elisa Oyj (Series A) | 12163562 |
| 733312 | Fortum Oyj | 12295115 |
| 436651 | Kesko Oyj (B Shares) | 10024992 |
| 547071 | Kone Oyj (Class B) | 33881097 |
| 988706 | Metso Outotec Oyj | 10742987 |
| 697898 | Neste Oil Oyj | 7239528 |
| 8674140 | Nokia Oyj | 43363527 |
| 5178164 | Nordea Bank AB publ | 71712124 |
| 177111 | Orion Oyj (Class B) | 11089191 |
| 3974859 | Sampo Oyj | 39822541 |
| 978137 | Stora Enso Oyj (R Shares) | 9085315 |
| 885738 | UPM-Kymmene Oyj | 23459746 |
| 802962 | Wartsila Oyj (B Shares) | 14835792 |
|  | TOTAL FINLAND | 299715517 |
|  | FRANCE - 9.6% |  |
| 328161 | Accor S.A. | 16169275 |
| 56976 | Aeroports de Paris | 7124663 |
| 942385 | Air Liquide | 193639554 |
| 969396 | Airbus SE | 164497294 |
| 546090 | Alstom RGPT | 13187616 |
| 100934 (c) | Amundi S.A. | 7972897 |
| 94928 | Arkema | 7216946 |

---

*See Notes to Financial Statements* 139

------

## Portfolios of Investments April 30, 2025 (continued)
International Equity Index

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | FRANCE (continued) |  |
| 2886709 (b) | AXA S.A. | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;136529482 |
| 67791 | BioMerieux | 9150452 |
| 1660216 | BNP Paribas S.A. | 140669232 |
| 1148728 | Bollore SE | 7105367 |
| 305140 (b) | Bouygues S.A. | 13412521 |
| 531888 | Bureau Veritas S.A. | 16883750 |
| 250343 | Cap Gemini S.A. | 39967854 |
| 876793 | Carrefour S.A. | 13523402 |
| 1106295 | Cie Generale des Etablissements Michelin S.C.A | 40452496 |
| 733865 | Compagnie de Saint-Gobain | 79784328 |
| 1710870 | Credit Agricole S.A. | 32090080 |
| 1051863 | Danone | 90509045 |
| 31749 | Dassault Aviation S.A. | 11447629 |
| 1097701 | Dassault Systemes SE | 41137596 |
| 390708 | Edenred | 12184993 |
| 108807 | Eiffage S.A. | 14805667 |
| 2967546 | Engie S.A. | 61334229 |
| 485002 | Essilor International S.A. | 139754774 |
| 69889 | Eurazeo | 5110253 |
| 91850 | Fonciere Des Regions | 5150478 |
| 77851 | Gecina S.A. | 7992075 |
| 511121 | Getlink S.E. | 9705275 |
| 51675 | Hermes International | 142115549 |
| 59257 | Ipsen | 6891772 |
| 123335 | Kering | 25092832 |
| 355640 | Klepierre | 13017548 |
| 154987 (c) | La Francaise des Jeux SAEM | 5524378 |
| 432047 | Legrand S.A. | 47481885 |
| 392305 (b) | L'Oreal S.A. | 173346105 |
| 449076 | LVMH Moet Hennessy Louis Vuitton S.A. | 248756364 |
| 3026540 | Orange S. A. | 43909171 |
| 326053 | Pernod-Ricard S.A. | 35342665 |
| 373911 | Publicis Groupe S.A. | 38044319 |
| 314329 | Renault S.A. | 16694385 |
| 368187 | Rexel S.A. | 10229570 |
| 587403 | Safran S.A. | 156319480 |
| 48245 | Sartorius Stedim Biotech | 11385382 |
| 1167530 | Societe Generale | 60873812 |
| 144949 | Sodexho Alliance S.A. | 9200900 |
| 88882 | Teleperformance | 9746359 |
| 152946 | Thales S.A. | 42843589 |
| 3519766 | Total S.A. | 200468974 |
| 196520 | Unibail-Rodamco-Westfield | 16636409 |
| 1148764 | Veolia Environnement | 41957532 |
| 806766 | Vinci S.A. | 113324256 |
|  | TOTAL FRANCE | 2807712459 |
|  | GERMANY - 10.1% |  |
| 278842 | Adidas-Salomon AG. | 64159184 |
| 629667 | Allianz AG. | 260415604 |
| 1471686 (b) | BASF SE | 75158212 |
| 1613304 | Bayer AG. | 42280156 |
| 503945 | Bayerische Motoren Werke AG. | 42743343 |
| 58667 | Bayerische Motoren Werke AG. (Preference) | 4734236 |
| 163422 | Beiersdorf AG. | 23025829 |
| 202776 | Brenntag SE | 13542162 |
| 1529968 | Commerzbank AG. | 40494484 |
| 176316 | Continental AG. | 13783440 |
| 293627 (b) | Covestro AG. | 19758549 |
| 102988 | CTS Eventim AG. | 12202737 |
| 1178507 | Daimler AG. (Registered) | 70461530 |
| 783011 | Daimler Truck Holding AG. | 31458624 |
| 3023189 | Deutsche Bank AG. (Registered) | 79269049 |

---

140 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | GERMANY (continued) |  |
| 307342 |  | Deutsche Boerse AG. | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;98992968 |
| 929994 |  | Deutsche Lufthansa AG. | 6682604 |
| 1581958 |  | Deutsche Post AG. | 67593897 |
| 5695494 |  | Deutsche Telekom AG. | 204568100 |
| 181459 |  | Dr ING hc F Porsche AG. | 9122241 |
| 3655468 |  | E.ON AG. | 63932639 |
| 398659 |  | Evonik Industries AG. | 8959002 |
| 341345 |  | Fresenius Medical Care AG. | 17366122 |
| 687109 |  | Fresenius SE | 32635558 |
| 257108 |  | GEA Group AG. | 16773645 |
| 97964 |  | Hannover Rueckversicherung AG. | 31446403 |
| 224442 |  | HeidelbergCement AG. | 44868980 |
| 174449 |  | Henkel KGaA | 12312633 |
| 270868 |  | Henkel KGaA (Preference) | 21037331 |
| 2123241 |  | Infineon Technologies AG. | 70328209 |
| 122756 |  | Knorr-Bremse AG. | 12174540 |
| 124403 |  | LEG Immobilien SE | 10545541 |
| 209293 |  | Merck KGaA | 29137789 |
| 87199 |  | MTU Aero Engines Holding AG. | 30180053 |
| 218201 | (b) | Muenchener Rueckver AG. | 149382474 |
| 92600 |  | Nemetschek SE | 12305128 |
| 248937 |  | Porsche AG. | 10263883 |
| 151169 |  | Puma AG. Rudolf Dassler Sport | 3903312 |
| 8384 |  | Rational AG. | 7193758 |
| 71112 |  | Rheinmetall AG. | 121107452 |
| 1041346 |  | RWE AG. | 40439784 |
| 1703721 |  | SAP AG. | 498489535 |
| 42516 |  | Sartorius AG. | 11036921 |
| 124928 | (c) | Scout24 SE | 14888514 |
| 1239932 |  | Siemens AG. | 285508504 |
| 1044185 | (b) | Siemens Energy AG. | 80594024 |
| 464582 | (c) | Siemens Healthineers AG. | 25044384 |
| 215950 |  | Symrise AG. | 24905826 |
| 107340 |  | Talanx AG. | 12319210 |
| 336973 |  | Volkswagen AG. (Preference) | 36666150 |
| 1198335 |  | Vonovia SE | 39748886 |
| 360715 | (b),(c) | Zalando SE | 13171969 |
|  |  | TOTAL GERMANY | 2969115108 |
|  |  | HONG KONG - 1.7% |  |
| 17626338 |  | AIA Group Ltd | 132072594 |
| 3137003 |  | CK Asset Holdings Ltd | 12815794 |
| 966155 |  | CK Infrastructure Holdings Ltd | 6511547 |
| 2639579 |  | CLP Holdings Ltd | 22506741 |
| 85138 |  | Futu Holdings Ltd (ADR) | 7859089 |
| 1225957 |  | Hang Seng Bank Ltd | 17112868 |
| 2357425 |  | Henderson Land Development Co Ltd | 6685515 |
| 6198638 |  | HKT Trust & HKT Ltd | 8820533 |
| 18258387 |  | Hong Kong & China Gas Ltd | 16428414 |
| 2236140 |  | Hong Kong Electric Holdings Ltd | 14788032 |
| 1968497 |  | Hong Kong Exchanges and Clearing Ltd | 86003013 |
| 1828029 |  | Hongkong Land Holdings Ltd | 8946374 |
| 254194 |  | Jardine Matheson Holdings Ltd | 11295125 |
| 4345713 |  | Link REIT | 20345999 |
| 2610440 |  | MTR Corp | 9012090 |
| 4283434 |  | Prudential plc | 45544787 |
| 6319739 |  | Sino Land Co | 6494796 |
| 2393680 |  | Sun Hung Kai Properties Ltd | 22707434 |
| 675438 |  | Swire Pacific Ltd (Class A) | 5840958 |
| 2190036 |  | Techtronic Industries Co | 22040482 |
| 13875524 | (c) | WH Group Ltd | 12407595 |

---

*See Notes to Financial Statements* 141

------

International Equity Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | HONG KONG (continued) |  |
| 2678566 |  | Wharf Real Estate Investment Co Ltd | $6405923 |
|  |  | TOTAL HONG KONG | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;502645703 |
|  |  | IRELAND - 0.4% |  |
| 317495 |  | AerCap Holdings NV | 33654470 |
| 3357104 |  | AIB Group plc | 22563299 |
| 1669880 |  | Bank of Ireland Group plc | 19606823 |
| 243100 |  | Kerry Group plc (Class A) | 25734988 |
| 248997 |  | Kingspan Group plc | 21011467 |
|  |  | TOTAL IRELAND | 122571047 |
|  |  | ISRAEL - 0.8% |  |
| 64334 |  | Azrieli Group Ltd | 4683797 |
| 2059352 |  | Bank Hapoalim Ltd | 30207792 |
| 2464208 |  | Bank Leumi Le-Israel | 34994287 |
| 142400 | (b) | Check Point Software Technologies | 31265344 |
| 44361 |  | Elbit Systems Ltd | 17055919 |
| 170382 | (b) | Global-e Online Ltd | 6118418 |
| 1210582 |  | Israel Chemicals Ltd | 8081148 |
| 1967925 |  | Israel Discount Bank Ltd | 14699381 |
| 253371 |  | Mizrahi Tefahot Bank Ltd | 12830071 |
| 103220 | (b) | Nice Systems Ltd | 16125438 |
| 45087 | (b) | Nova Measuring Instruments Ltd | 8705078 |
| 1842580 | (b) | Teva Pharmaceutical Industries Ltd (ADR) | 28578416 |
| 85753 | (b) | Wix.com Ltd | 14542851 |
|  |  | TOTAL ISRAEL | 227887940 |
|  |  | ITALY - 2.9% |  |
| 218327 | (a) | Amplifon S.p.A. | 4178549 |
| 1533597 | (a) | Assicurazioni Generali S.p.A. | 56049498 |
| 2126509 |  | Banco BPM S.p.A. | 23737194 |
| 1644634 |  | BPER Banca | 13357855 |
| 349595 |  | Coca-Cola HBC AG. | 18204712 |
| 995522 | (a) | Davide Campari-Milano NV | 6680190 |
| 32513 |  | DiaSorin S.p.A. | 3715479 |
| 13273417 |  | Enel S.p.A. | 115066896 |
| 3488206 |  | ENI S.p.A. | 49956475 |
| 205524 |  | Ferrari NV | 94084931 |
| 993150 |  | FinecoBank Banca Fineco S.p.A | 19873850 |
| 530322 |  | Infrastrutture Wireless Italiane S.p.A | 6333181 |
| 24643833 |  | Intesa Sanpaolo S.p.A. | 131555805 |
| 654897 |  | Leonardo S.p.A. | 34046996 |
| 808715 | (a) | Mediobanca S.p.A. | 16541473 |
| 381645 |  | Moncler S.p.A | 23555462 |
| 823300 | (a),(b),(c) | Nexi S.p.A | 4808944 |
| 743810 | (c) | Poste Italiane S.p.A | 15097259 |
| 455123 |  | Prysmian S.p.A. | 25000912 |
| 194738 |  | Recordati S.p.A. | 11491162 |
| 3292316 |  | Snam Rete Gas S.p.A. | 18896180 |
| 16346961 | (a) | Telecom Italia S.p.A. | 6473958 |
| 2333658 |  | Terna Rete Elettrica Nazionale S.p.A. | 23205448 |
| 2277480 |  | UniCredit S.p.A | 132505744 |
| 592487 |  | Unipol Gruppo S.p.A | 10627267 |
|  |  | TOTAL ITALY | 865045420 |
|  |  | JAPAN - 21.5% |  |
| 1243972 |  | Advantest Corp | 52042734 |
| 1070917 |  | Aeon Co Ltd | 31668272 |
| 824340 |  | Aisin Seiki Co Ltd | 10470203 |
| 1518076 |  | Ajinomoto Co, Inc | 31050839 |
| 250352 |  | All Nippon Airways Co Ltd | 4809118 |
| 2389342 |  | Asahi Breweries Ltd | 33026175 |
| 323512 | (a) | Asahi Glass Co Ltd | 10100656 |
| 2064193 |  | Asahi Kasei Corp | 14384826 |
| 1052800 |  | Asics Corp | 22628929 |
| 2977220 |  | Astellas Pharma, Inc | 29814313 |

---

142 *See Notes to Financial Statements*

------

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | JAPAN (continued) |  |
| 978281 | Bandai Namco Holdings, Inc | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;33997726 |
| 944760 | Bridgestone Corp | 39505283 |
| 1537718 (a) | Canon, Inc | 47453555 |
| 568010 | Capcom Co Ltd | 16444178 |
| 1282775 | Central Japan Railway Co | 26994530 |
| 923868 | Chiba Bank Ltd | 8214553 |
| 1031717 | Chubu Electric Power Co, Inc | 13397176 |
| 1088632 | Chugai Pharmaceutical Co Ltd | 62715557 |
| 1681168 | Concordia Financial Group Ltd | 10873718 |
| 662370 | Dai Nippon Printing Co Ltd | 9232594 |
| 517539 | Daifuku Co Ltd | 13691217 |
| 5877480 | Dai-ichi Life Holdings, Inc | 42438029 |
| 2876079 | Daiichi Sankyo Co Ltd | 73571855 |
| 428007 | Daikin Industries Ltd | 48759938 |
| 96212 | Daito Trust Construction Co Ltd | 10711958 |
| 925829 | Daiwa House Industry Co Ltd | 33499199 |
| 2211489 (a) | Daiwa Securities Group, Inc | 14542583 |
| 3094888 | Denso Corp | 39960975 |
| 336264 (a) | Dentsu, Inc | 7050151 |
| 152165 | Disco Corp | 29440804 |
| 613526 | Don Quijote Co Ltd | 18888890 |
| 1493969 | East Japan Railway Co | 32384575 |
| 416367 | Eisai Co Ltd | 12034657 |
| 4410428 | ENEOS Holdings, Inc | 21232808 |
| 1564657 | Fanuc Ltd | 39710462 |
| 311773 | Fast Retailing Co Ltd | 102556099 |
| 228427 | Fuji Electric Holdings Co Ltd | 10157401 |
| 960632 | Fuji Heavy Industries Ltd | 17395046 |
| 1820698 | FUJIFILM Holdings Corp | 37292210 |
| 408900 | Fujikura Ltd | 15213891 |
| 2855410 | Fujitsu Ltd | 63434228 |
| 351322 | Hankyu Hanshin Holdings, Inc | 10020468 |
| 28560 | Hikari Tsushin, Inc | 7921902 |
| 7566210 (b) | Hitachi Ltd | 187002757 |
| 7327714 | Honda Motor Co Ltd | 74557583 |
| 180984 | Hoshizaki Corp | 7694734 |
| 567907 (b) | Hoya Corp | 66823392 |
| 759481 | Hulic Co Ltd | 7941819 |
| 1454530 | Idemitsu Kosan Co Ltd | 9013740 |
| 1441972 | Inpex Holdings, Inc | 18038337 |
| 912098 | Isuzu Motors Ltd | 12266289 |
| 1939669 | Itochu Corp | 99200367 |
| 248761 | Japan Airlines Co Ltd | 4506904 |
| 2961371 | Japan Post Bank Co Ltd | 30448649 |
| 3134635 | Japan Post Holdings Co Ltd | 30469476 |
| 308475 | Japan Post Insurance Co Ltd | 6201321 |
| 1976873 (a) | Japan Tobacco, Inc | 60903576 |
| 962520 | JFE Holdings, Inc | 11209525 |
| 635309 | Kajima Corp | 15169681 |
| 1514126 | Kansai Electric Power Co, Inc | 18654693 |
| 750391 | Kao Corp | 32132887 |
| 606054 | Kawasaki Kisen Kaisha Ltd | 8311609 |
| 5010014 | KDDI Corp | 88795522 |
| 317454 | Keyence Corp | 132724822 |
| 1104865 | Kikkoman Corp | 10815713 |
| 1244372 | Kirin Brewery Co Ltd | 18823218 |
| 227321 | Kobe Bussan Co Ltd | 6946958 |
| 1496250 | Komatsu Ltd | 43270899 |
| 161102 | Konami Corp | 23007931 |
| 1656344 | Kubota Corp | 19247361 |
| 2090020 | Kyocera Corp | 24770347 |
| 386824 | Kyowa Hakko Kogyo Co Ltd | 6040104 |

---

*See Notes to Financial Statements* 143

------

International Equity Index

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES | DESCRIPTION | VALUE |
|  | JAPAN (continued) |  |
| 132329 | Lasertec Corp | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12302670 |
| 708799 | M3, Inc | 8883086 |
| 385776 | Makita Corp | 11281652 |
| 2324653 | Marubeni Corp | 41212974 |
| 532102 | Matsumotokiyoshi Holdings Co Ltd | 9767596 |
| 359124 | MEIJI Holdings Co Ltd | 8829725 |
| 567477 | Minebea Co Ltd | 8316956 |
| 2218508 | Mitsubishi Chemical Holdings Corp | 10785400 |
| 5578882 | Mitsubishi Corp | 105923887 |
| 3096282 | Mitsubishi Electric Corp | 59898795 |
| 1765285 | Mitsubishi Estate Co Ltd | 31008953 |
| 5231060 | Mitsubishi Heavy Industries Ltd | 103119054 |
| 18706788 | Mitsubishi UFJ Financial Group, Inc | 235689092 |
| 1440744 | Mitsubishi UFJ Lease & Finance Co Ltd | 10192020 |
| 4107496 | Mitsui & Co Ltd | 83058171 |
| 4291737 | Mitsui Fudosan Co Ltd | 42533889 |
| 556983 (a) | Mitsui OSK Lines Ltd | 18549662 |
| 2084487 | Mitsui Sumitomo Insurance Group Holdings, Inc | 47379967 |
| 3955969 | Mizuho Financial Group, Inc | 98909557 |
| 387927 | MonotaRO Co Ltd | 7460949 |
| 2727141 | Murata Manufacturing Co Ltd | 38852375 |
| 2001200 | NEC Corp | 48714848 |
| 554148 | Nexon Co Ltd | 8694401 |
| 1350534 | Nidec Corp | 24000773 |
| 1801555 | Nintendo Co Ltd | 149565080 |
| 12200 | Nippon Building Fund, Inc | 11324153 |
| 1482191 | Nippon Paint Co Ltd | 11292468 |
| 1598247 (a) | Nippon Steel Corp | 33639433 |
| 48499286 | Nippon Telegraph & Telephone Corp | 50695162 |
| 713647 (a) | Nippon Yusen Kabushiki Kaisha | 23316918 |
| 3455968 (a) | Nissan Motor Co Ltd | 8227376 |
| 286487 | Nissin Food Products Co Ltd | 6316699 |
| 128111 | Nitori Co Ltd | 15243253 |
| 1164435 | Nitto Denko Corp | 20467055 |
| 4870070 | Nomura Holdings, Inc | 27143631 |
| 621330 | Nomura Research Institute Ltd | 23528170 |
| 1029059 | NTT Data Corp | 20437512 |
| 1071785 | Obayashi Corp | 16628931 |
| 519325 | Obic Co Ltd | 18182343 |
| 1829047 | Olympus Corp | 23965987 |
| 289132 | Omron Corp | 8582865 |
| 616782 | Ono Pharmaceutical Co Ltd | 7099733 |
| 65478 (b) | Oracle Corp Japan | 7871858 |
| 1760192 | Oriental Land Co Ltd | 37279978 |
| 1846450 | ORIX Corp | 37039841 |
| 586248 | Osaka Gas Co Ltd | 14866111 |
| 1635838 | Osaka Securities Exchange Co Ltd | 18199944 |
| 357074 | Otsuka Corp | 7919565 |
| 725026 | Otsuka Holdings Co Ltd | 35345577 |
| 3839815 | Panasonic Corp | 44027175 |
| 2470478 (b) | Rakuten, Inc | 14566748 |
| 2289415 | Recruit Holdings Co Ltd | 126868510 |
| 2728912 | Renesas Electronics Corp | 32024486 |
| 3384069 | Resona Holdings, Inc | 27146300 |
| 895360 | Ricoh Co Ltd | 9417496 |
| 448328 | SBI Holdings, Inc | 11788547 |
| 129600 | SCREEN Holdings Co Ltd | 8618013 |
| 686038 | Secom Co Ltd | 25225911 |
| 460842 | Seiko Epson Corp | 6393295 |
| 642555 | Sekisui Chemical Co Ltd | 11227954 |
| 991460 | Sekisui House Ltd | 22793861 |
| 3593288 | Seven & I Holdings Co Ltd | 52895428 |

---

144 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | JAPAN (continued) |  |
| 485787 |  | SG Holdings Co Ltd | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5115166 |
| 386966 |  | Shimadzu Corp | 9905332 |
| 122564 |  | Shimano, Inc | 17267468 |
| 2916126 |  | Shin-Etsu Chemical Co Ltd | 88741998 |
| 1250447 |  | Shionogi & Co Ltd | 21008150 |
| 636318 |  | Shiseido Co Ltd | 10461853 |
| 92932 |  | SMC Corp | 30076596 |
| 46653250 |  | SoftBank Corp | 70597792 |
| 1552846 |  | Softbank Group Corp | 78526852 |
| 1455885 |  | Sompo Holdings, Inc | 47710946 |
| 10035665 |  | Sony Corp | 264768784 |
| 250112 |  | Sumisho Computer Systems Corp | 6541785 |
| 1780639 |  | Sumitomo Corp | 43476746 |
| 1187565 |  | Sumitomo Electric Industries Ltd | 19088204 |
| 378802 |  | Sumitomo Metal Mining Co Ltd | 8404487 |
| 6079991 |  | Sumitomo Mitsui Financial Group, Inc | 145051644 |
| 1030984 |  | Sumitomo Mitsui Trust Holdings, Inc | 25505235 |
| 507985 |  | Sumitomo Realty & Development Co Ltd | 18920547 |
| 223823 |  | Suntory Beverage & Food Ltd | 7820563 |
| 2554104 |  | Suzuki Motor Corp | 30607507 |
| 833972 |  | Sysmex Corp | 15481149 |
| 806947 |  | T&D Holdings, Inc | 17170705 |
| 267062 |  | Taisei Corp | 14480633 |
| 284114 |  | Taiyo Nippon Sanso Corp | 9092569 |
| 2596411 |  | Takeda Pharmaceutical Co Ltd | 78537800 |
| 3176710 |  | TDK Corp | 33900077 |
| 2187962 |  | Terumo Corp | 41879171 |
| 343515 |  | TIS, Inc | 9914933 |
| 177532 |  | Toho Co Ltd | 10135562 |
| 2905264 |  | Tokio Marine Holdings, Inc | 116449815 |
| 731290 |  | Tokyo Electron Ltd | 108887851 |
| 580733 |  | Tokyo Gas Co Ltd | 19293573 |
| 491800 |  | Tokyo Metro Co Ltd | 6231615 |
| 866570 |  | Tokyu Corp | 10509805 |
| 383612 |  | Toppan Printing Co Ltd | 10768965 |
| 2250256 |  | Toray Industries, Inc | 14371289 |
| 266462 |  | Toyota Industries Corp | 31249297 |
| 15464527 |  | Toyota Motor Corp | 295363368 |
| 1056107 |  | Toyota Tsusho Corp | 20987722 |
| 203644 | (b) | Trend Micro, Inc | 14611578 |
| 1820494 |  | Uni-Charm Corp | 16903537 |
| 714556 |  | West Japan Railway Co | 15031395 |
| 416602 |  | Yakult Honsha Co Ltd | 8557847 |
| 1506606 |  | Yamaha Motor Co Ltd | 11832482 |
| 360203 |  | Yaskawa Electric Corp | 7589220 |
| 394047 |  | Yokogawa Electric Corp | 8527235 |
| 4671321 |  | Z Holdings Corp | 17667032 |
| 161627 |  | Zensho Co Ltd | 9987469 |
| 668031 |  | ZOZO, Inc | 6784179 |
|  |  | TOTAL JAPAN | 6320059842 |
|  |  | JORDAN - 0.0% |  |
| 272401 |  | Hikma Pharmaceuticals plc | 7218506 |
|  |  | TOTAL JORDAN | 7218506 |
|  |  | KOREA, REPUBLIC OF - 0.0% |  |
| 289769 | (b),(c) | Delivery Hero SE | 8189607 |
|  |  | TOTAL KOREA, REPUBLIC OF | 8189607 |
|  |  | LUXEMBOURG - 0.1% |  |
| 754466 |  | ArcelorMittal S.A. | 22310865 |
| 346942 | (a),(b) | CVC Capital Partners plc | 6190450 |

---

*See Notes to Financial Statements* 145

------

International Equity Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | LUXEMBOURG (continued) |  |
| 221940 |  | Eurofins Scientific SE | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14005823 |
|  |  | TOTAL LUXEMBOURG | 42507138 |
|  |  | MACAU - 0.1% |  |
| 3573463 |  | Galaxy Entertainment Group Ltd | 12905908 |
| 3757589 | (b) | Sands China Ltd | 6729650 |
|  |  | TOTAL MACAU | 19635558 |
|  |  | NETHERLANDS - 3.9% |  |
| 724997 | (c) | ABN AMRO Bank NV | 15024000 |
| 35759 | (b),(c) | Adyen NV | 57865674 |
| 2152897 |  | Aegon NV | 13847314 |
| 275302 |  | Akzo Nobel NV | 17381062 |
| 10149 | (b) | Argenx SE | 6560813 |
| 87845 | (b) | Argenx SE | 56787334 |
| 77460 |  | ASM International NV | 37861438 |
| 642559 |  | ASML Holding NV | 430155908 |
| 259025 |  | ASR Nederland NV | 16344172 |
| 129080 |  | BE Semiconductor Industries NV | 13979840 |
| 129284 | (c) | Euronext NV | 21609456 |
| 144211 |  | EXOR NV | 13615640 |
| 220368 |  | Heineken Holding NV | 17230537 |
| 472990 |  | Heineken NV | 42339778 |
| 94040 |  | IMCD NV | 12505500 |
| 5136102 |  | ING Groep NV | 99739603 |
| 289282 |  | JDE Peet's NV | 7003202 |
| 1491919 |  | Koninklijke Ahold Delhaize NV | 61256770 |
| 6243795 |  | Koninklijke KPN NV | 29045220 |
| 1315554 | (a),(b) | Koninklijke Philips Electronics NV | 33388520 |
| 434517 |  | NN Group NV | 26644754 |
| 175911 | (a) | Randstad Holdings NV | 7061016 |
| 1352527 |  | Universal Music Group NV | 39771706 |
| 388607 |  | Wolters Kluwer NV | 68612043 |
|  |  | TOTAL NETHERLANDS | 1145631300 |
|  |  | NEW ZEALAND - 0.3% |  |
| 2798611 |  | Auckland International Airport Ltd | 12501057 |
| 1198175 |  | Contact Energy Ltd | 6311963 |
| 937661 |  | Fisher & Paykel Healthcare Corp | 18915447 |
| 1498768 |  | Infratil Ltd | 9393868 |
| 2403854 |  | Meridian Energy Ltd | 7824832 |
| 237117 | (b) | Xero Ltd | 24971519 |
|  |  | TOTAL NEW ZEALAND | 79918686 |
|  |  | NORWAY - 0.6% |  |
| 492302 |  | Aker BP ASA | 10568495 |
| 1469682 |  | DNB Bank ASA | 36739263 |
| 1386802 |  | Equinor ASA | 31391129 |
| 315460 |  | Gjensidige Forsikring ASA | 7381399 |
| 141422 |  | Kongsberg Gruppen ASA | 22784313 |
| 774800 |  | Mowi ASA | 14207091 |
| 2400277 |  | Norsk Hydro ASA | 12732064 |
| 1142741 |  | Orkla ASA | 12744367 |
| 107117 |  | Salmar ASA | 5293198 |
| 1002520 |  | Telenor ASA | 15057833 |
|  |  | TOTAL NORWAY | 168899152 |
|  |  | POLAND - 0.0% |  |
| 341323 | (b) | InPost S.A. | 5765588 |
|  |  | TOTAL POLAND | 5765588 |
|  |  | PORTUGAL - 0.1% |  |
| 5123024 |  | Energias de Portugal S.A. | 20193233 |
| 652508 |  | Galp Energia SGPS S.A. | 10109811 |

---

146 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | PORTUGAL (continued) |  |
| 473276 |  | Jeronimo Martins SGPS S.A. | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11454400 |
|  |  | TOTAL PORTUGAL | 41757444 |
|  |  | SINGAPORE - 1.7% |  |
| 5891582 |  | Ascendas REIT | 12005029 |
| 3735699 |  | Capitaland Investment Ltd | 7873327 |
| 9539908 |  | CapitaMall Trust | 15699828 |
| 3254898 |  | DBS Group Holdings Ltd | 105748979 |
| 8901901 | (a) | Genting Singapore Ltd | 5047973 |
| 3701777 | (b) | Grab Holdings Ltd | 18064672 |
| 2499821 |  | Keppel Corp Ltd | 12568348 |
| 5536787 |  | Oversea-Chinese Banking Corp | 68521968 |
| 594426 | (b) | Sea Ltd (ADR) | 79682805 |
| 1442327 |  | SembCorp Industries Ltd | 7295533 |
| 2367168 | (a) | Singapore Airlines Ltd | 12148103 |
| 1452687 |  | Singapore Exchange Ltd | 15980795 |
| 2560487 |  | Singapore Technologies Engineering Ltd | 14539061 |
| 12276633 |  | Singapore Telecommunications Ltd | 35518684 |
| 1088524 |  | STMicroelectronics NV | 24745535 |
| 2085123 |  | United Overseas Bank Ltd | 55378440 |
|  |  | TOTAL SINGAPORE | 490819080 |
|  |  | SOUTH AFRICA - 0.2% |  |
| 2067850 |  | Anglo American plc | 56448960 |
|  |  | TOTAL SOUTH AFRICA | 56448960 |
|  |  | SPAIN - 3.0% |  |
| 37470 | (a) | Acciona S.A. | 5460253 |
| 296531 |  | ACS Actividades de Construccion y Servicios S.A. | 18579098 |
| 123626 | (a) | Aena SME S.A. | 31056818 |
| 743786 |  | Amadeus IT Holding S.A. | 58545627 |
| 9400111 |  | Banco Bilbao Vizcaya Argentaria S.A. | 129007488 |
| 8817354 |  | Banco de Sabadell S.A. | 25727129 |
| 24716735 |  | Banco Santander S.A. | 174027090 |
| 6441270 | (a) | CaixaBank S.A. | 49367221 |
| 867723 | (c) | Cellnex Telecom S.A. | 35116185 |
| 477776 | (a) | EDP Renovaveis S.A. | 4474255 |
| 526409 |  | Endesa S.A. | 15809418 |
| 444597 | (a),(b) | Grifols S.A. | 4209721 |
| 9508345 |  | Iberdrola S.A. | 171396038 |
| 1780228 | (a) | Industria de Diseno Textil S.A. | 95731728 |
| 666011 |  | Redeia Corp S.A. | 13966442 |
| 1904971 |  | Repsol YPF S.A. | 23285730 |
| 6498900 | (a) | Telefonica S.A. | 33386426 |
|  |  | TOTAL SPAIN | 889146667 |
|  |  | SWEDEN - 3.1% |  |
| 416021 |  | AddTech AB | 13995960 |
| 475820 | (a) | Alfa Laval AB | 19735027 |
| 1643242 | (a) | Assa Abloy AB | 49878926 |
| 4387631 | (a) | Atlas Copco AB | 67914808 |
| 2553109 | (a) | Atlas Copco AB | 35451756 |
| 639786 | (a) | Beijer Ref AB | 9758880 |
| 446767 |  | Boliden AB | 13688955 |
| 654681 |  | Epiroc AB | 12839314 |
| 1070709 |  | Epiroc AB | 23164477 |
| 600609 | (a) | EQT AB | 17356112 |
| 4532120 |  | Ericsson (LM) (B Shares) | 38284538 |
| 1007642 |  | Essity AB | 29140035 |
| 259099 | (a),(b),(c) | Evolution AB | 17948979 |
| 1167881 | (b) | Fastighets AB Balder | 8395240 |
| 928421 | (a) | Hennes & Mauritz AB (B Shares) | 13453357 |
| 3409990 | (a),(b) | Hexagon AB | 33187941 |
| 110267 |  | Holmen AB | 4359847 |
| 267970 | (a) | Industrivarden AB | 9410221 |
| 207894 |  | Industrivarden AB | 7305828 |

---

*See Notes to Financial Statements* 147

------

International Equity Index

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | SWEDEN (continued) |  |
| 438237 |  | Indutrade AB | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11855906 |
| 245097 | (a) | Investment AB Latour | 6614345 |
| 2824994 | (a) | Investor AB | 83700218 |
| 128966 |  | L E Lundbergforetagen AB | 6804765 |
| 382290 | (a) | Lifco AB | 14800259 |
| 2343877 | (a) | Nibe Industrier AB | 9995232 |
| 517283 | (a) | Saab AB | 24087024 |
| 343221 |  | Sagax AB | 7801168 |
| 1747594 | (a) | Sandvik AB | 36078079 |
| 790555 | (a) | Securitas AB (B Shares) | 12527727 |
| 2579450 | (a) | Skandinaviska Enskilda Banken AB (Class A) | 40929862 |
| 545077 | (a) | Skanska AB (B Shares) | 12665752 |
| 533358 |  | SKF AB (B Shares) | 10454552 |
| 997497 |  | Svenska Cellulosa AB (B Shares) | 12898185 |
| 2384815 |  | Svenska Handelsbanken AB | 31216776 |
| 1380920 |  | Swedbank AB (A Shares) | 34473075 |
| 316797 | (b) | Swedish Orphan Biovitrum AB | 9635288 |
| 872132 |  | Tele2 AB (B Shares) | 12867460 |
| 3849978 |  | TeliaSonera AB | 14462325 |
| 350827 |  | Trelleborg AB (B Shares) | 12097100 |
| 2586778 | (a) | Volvo AB (B Shares) | 70317736 |
|  |  | TOTAL SWEDEN | 901553035 |
|  |  | SWITZERLAND - 4.8% |  |
| 2579268 |  | ABB Ltd | 136213064 |
| 69790 |  | Baloise Holding AG. | 15526354 |
| 48222 | (a),(b) | Banque Cantonale Vaudoise | 5935049 |
| 5274 | (a) | Barry Callebaut AG. | 4728217 |
| 36066 | (b) | BKW AG. | 7230775 |
| 176 |  | Chocoladefabriken Lindt & Spruengli AG. | 24929083 |
| 877412 |  | Cie Financiere Richemont S.A. | 155043262 |
| 306423 |  | DSM-Firmenich AG. | 33287697 |
| 153484 | (a) | Dufry Group | 6993922 |
| 11705 |  | EMS-Chemie Holding AG. | 8630110 |
| 153415 |  | Galderma Group AG. | 17818478 |
| 54676 |  | Geberit AG. | 37875174 |
| 15144 |  | Givaudan S.A. | 73060098 |
| 60379 |  | Helvetia Holding AG. | 13319458 |
| 330386 |  | Julius Baer Group Ltd | 21424885 |
| 80246 | (a) | Kuehne & Nagel International AG. | 18480414 |
| 1501 | (a) | Lindt & Spruengli AG. | 21875566 |
| 245770 |  | Logitech International S.A. | 18676080 |
| 117390 |  | Lonza Group AG. | 84345794 |
| 37206 |  | Partners Group | 48749956 |
| 672796 |  | Sandoz Group AG. | 29182305 |
| 66821 |  | Schindler Holding AG. | 24439439 |
| 36584 |  | Schindler Holding AG. (Registered) | 12970635 |
| 244244 |  | SGS S.A. | 23853156 |
| 495366 |  | SIG Group AG. | 9555586 |
| 251108 |  | Sika AG. | 62753785 |
| 82104 |  | Sonova Holdings AG | 25239914 |
| 184383 |  | Straumann Holding AG. | 22483073 |
| 36681 | (a) | Swatch Group AG. | 6365701 |
| 53328 | (a) | Swatch Group AG. (Registered) | 1853415 |
| 47427 |  | Swiss Life Holding | 47353955 |
| 126752 |  | Swiss Prime Site AG. | 17872795 |
| 42558 |  | Swisscom AG. | 28381210 |
| 90096 | (a) | Temenos Group AG. | 6453610 |
| 5366219 |  | UBS Group AG | 162893540 |
| 44931 | (c) | VAT Group AG. | 16219644 |

---

148 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | VALUE |
|  |  | SWITZERLAND (continued) |  |
| 238608 |  | Zurich Insurance Group AG | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;169237627 |
|  |  | TOTAL SWITZERLAND | 1421252826 |
|  |  | UNITED ARAB EMIRATES - 0.0% |  |
| 121704 | (b),(d) | NMC Health plc | 0 |
|  |  | TOTAL UNITED ARAB EMIRATES | 0 |
|  |  | UNITED KINGDOM - 11.3% |  |
| 1587190 |  | 3i Group plc | 89979420 |
| 412262 |  | Admiral Group plc | 17930291 |
| 712907 |  | Ashtead Group plc | 38163632 |
| 516939 |  | Associated British Foods plc | 14249500 |
| 2529262 |  | AstraZeneca plc | 362359277 |
| 1478723 | (c) | Auto Trader Group plc | 16613239 |
| 4372624 |  | Aviva plc | 32761452 |
| 4912580 |  | BAE Systems plc | 113886560 |
| 23514019 |  | Barclays plc | 93671412 |
| 2310927 |  | Barratt Developments plc | 14406755 |
| 3241855 |  | British American Tobacco plc | 141209841 |
| 10469303 |  | BT Group plc | 24298788 |
| 544991 |  | Bunzl plc | 17126076 |
| 8128207 |  | Centrica plc | 17402749 |
| 4371843 |  | CK Hutchison Holdings Ltd | 24653162 |
| 340998 |  | Coca-Cola Europacific Partners plc | 30942159 |
| 2770821 |  | Compass Group plc | 93417737 |
| 205715 |  | Croda International plc | 8120334 |
| 165807 |  | DCC plc | 10836790 |
| 3630947 |  | Diageo plc | 101958407 |
| 915991 |  | Entain plc | 7830726 |
| 628811 |  | Halma plc | 23210438 |
| 29150207 |  | HSBC Holdings plc | 324948416 |
| 1300177 |  | Imperial Tobacco Group plc | 53350234 |
| 2141880 |  | Informa plc | 20923875 |
| 262124 |  | InterContinental Hotels Group plc | 27971238 |
| 263133 |  | Intertek Group plc | 16160288 |
| 2955530 |  | J Sainsbury plc | 10504288 |
| 4291494 |  | JD Sports Fashion plc | 4518109 |
| 2963954 |  | Kingfisher plc | 11391944 |
| 1146722 |  | Land Securities Group plc | 9086958 |
| 9657334 |  | Legal & General Group plc | 30411729 |
| 98887131 |  | Lloyds TSB Group plc | 97154396 |
| 780236 |  | London Stock Exchange Group plc | 121491697 |
| 3778635 |  | M&G plc | 10485280 |
| 3330283 |  | Marks & Spencer Group plc | 17305962 |
| 2085723 |  | Melrose Industries plc | 12124963 |
| 7987988 |  | National Grid plc | 115299422 |
| 12482794 |  | NatWest Group plc | 80292928 |
| 192456 |  | Next plc | 31750716 |
| 974817 |  | Pearson plc | 15627519 |
| 1166606 |  | Phoenix Group Holdings plc | 9333240 |
| 1117865 |  | Reckitt Benckiser Group plc | 72154311 |
| 3031576 |  | RELX plc | 165448690 |
| 4117811 |  | Rentokil Initial plc | 18864895 |
| 13875857 |  | Rolls-Royce Holdings plc | 140457963 |
| 1648060 |  | Sage Group plc | 27322593 |
| 1339905 |  | Schroders plc | 5903862 |
| 1807947 |  | Scottish & Southern Energy plc | 40762102 |
| 2126242 |  | Segro plc | 19341691 |
| 439420 |  | Severn Trent plc | 16345220 |
| 1343907 |  | Smith & Nephew plc | 18912241 |
| 559716 |  | Smiths Group plc | 13947895 |
| 125072 |  | Spirax-Sarco Engineering plc | 9857672 |
| 3362699 |  | Standard Chartered plc | 48433812 |
| 11013647 |  | Tesco plc | 54506556 |

---

*See Notes to Financial Statements* 149

------

International Equity Index

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION |  |  | VALUE | VALUE |
|  |  | UNITED KINGDOM (continued) |  |  |  |  |
| 4040789 |  | Unilever plc |  |  | $| 257276554 |
| 1131518 |  | United Utilities Group plc |  |  |  | 17011649 |
| 33273288 |  | Vodafone Group plc |  |  |  | 32697667 |
| 290722 |  | Whitbread plc |  |  |  | 10097074 |
| 1074793 | (b) | Wise plc |  |  |  | 14097413 |
| 1747541 |  | WPP plc |  |  |  | 13547907 |
|  |  | TOTAL UNITED KINGDOM |  |  |  | 3312149714 |
|  |  | UNITED STATES - 10.4% |  |  |  |  |
| 814910 |  | Alcon, Inc |  |  |  | 79177055 |
| 26309241 |  | BP plc |  |  |  | 121480051 |
| 790135 |  | CSL Ltd |  |  |  | 126826888 |
| 76899 | (b) | CyberArk Software Ltd |  |  |  | 27080752 |
| 1496946 |  | Experian Group Ltd |  |  |  | 74474625 |
| 783302 |  | Ferrovial SE |  |  |  | 38211428 |
| 6758148 |  | GSK plc |  |  |  | 133694382 |
| 14736825 |  | Haleon plc |  |  |  | 74153791 |
| 850270 |  | Holcim Ltd |  |  |  | 95015881 |
| 694901 | (a),(b) | James Hardie Industries plc |  |  |  | 16310850 |
| 62172 | (b) | Monday.com Ltd |  |  |  | 17469710 |
| 4274053 |  | Nestle S.A. |  |  |  | 454919021 |
| 3214318 |  | Novartis AG. |  |  |  | 366616134 |
| 363068 |  | QIAGEN NV |  |  |  | 15581309 |
| 53129 |  | Roche Holding AG. |  |  |  | 18482339 |
| 1146075 |  | Roche Holding AG. |  |  |  | 374750885 |
| 1853629 |  | Sanofi-Aventis |  |  |  | 202771867 |
| 892149 |  | Schneider Electric S.A. |  |  |  | 208446822 |
| 9938810 |  | Shell plc |  |  |  | 320742762 |
| 251404 | (b) | Spotify Technology S.A. |  |  |  | 154357028 |
| 3268280 | (a) | Stellantis NV |  |  |  | 30412744 |
| 491577 |  | Swiss Re AG. |  |  |  | 88240141 |
| 663098 |  | Tenaris S.A. |  |  |  | 11057118 |
|  |  | TOTAL UNITED STATES |  |  |  | 3050273583 |
|  |  | TOTAL COMMON STOCKS<br> (Cost $20,897,382,047) |  |  |  | 28843090355 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION |  | EXPIRATION<br>DATE | VALUE | VALUE |
|  |  | RIGHTS/WARRANTS - 0.0% |  |  |  |  |
|  |  | SPAIN - 0.0% |  |  |  |  |
| 477776 | (a) | EDP Renovaveis S.A. |  | 05/07/25 |  | 48713 |
|  |  | TOTAL SPAIN |  |  |  | 48713 |
|  |  | TOTAL RIGHTS/WARRANTS<br> (Cost $45,682) |  |  |  | 48713 |
|  |  | TOTAL LONG-TERM INVESTMENTS<br> (Cost $20,897,427,729) |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28843139068 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | RATE |  | VALUE | VALUE |
|  |  | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 1.0% | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 1.0% | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 1.0% | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 1.0% | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 1.0% |
| 298921571 | (e) | State Street Navigator Securities Lending Government Money Market Portfolio | 4.360%(f) |  |  | 298921571 |
|  |  | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $298,921,571) | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $298,921,571) |  |  | 298921571 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE | VALUE |
|  |  | SHORT-TERM INVESTMENTS - 1.4% |  |  |  |  |
|  |  | GOVERNMENT AGENCY DEBT - 0.3% |  |  |  |  |
| $3000000 |  | Federal Agricultural Mortgage Corp Discount Notes | 0.000 | 07/15/25 |  | 2973780 |
| 25000000 |  | Federal Farm Credit Discount Notes | 0.000 | 05/07/25 |  | 24979437 |
| 5000000 |  | Federal Home Loan Bank Discount Notes | 0.000 | 05/12/25 |  | 4992950 |
| 5000000 |  | Federal Home Loan Bank Discount Notes | 0.000 | 05/23/25 |  | 4986488 |
| 25000000 |  | Federal Home Loan Bank Discount Notes | 0.000 | 05/28/25 |  | 24917750 |
| 5500000 |  | Federal Home Loan Bank Discount Notes | 0.000 | 05/30/25 |  | 5480613 |
| 9000000 |  | Federal Home Loan Bank Discount Notes | 0.000 | 06/16/25 |  | 8950885 |

---

150 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | GOVERNMENT AGENCY DEBT (continued) |  |  |  |
| $8330000 | Federal Home Loan Bank Discount Notes | 0.000% | 06/20/25 | $8280672 |
|  | TOTAL GOVERNMENT AGENCY DEBT |  |  | 85562575 |
|  | REPURCHASE AGREEMENT - 1.0% |  |  |  |
| 275000000 (g) | Bank of New York Mellon Corp | 4.360 | 05/01/25 | 275000000 |
| 20168000 (h) | Bank of New York Mellon Corp | 4.370 | 05/01/25 | 20168000 |
|  | TOTAL REPURCHASE AGREEMENT |  |  | 295168000 |
|  | TREASURY DEBT - 0.1% |  |  |  |
| 10000000 | United States Treasury Bill | 0.000 | 06/03/25 | 9961330 |
|  | TOTAL TREASURY DEBT |  |  | 9961330 |
|  | TOTAL SHORT-TERM INVESTMENTS<br> (Cost $390,700,227) |  |  | 390691905 |
|  | TOTAL INVESTMENTS - 100.5%<br> (Cost $21,587,049,527) |  |  | 29532752544 |
|  | OTHER ASSETS & LIABILITIES, NET - (0.5)% |  |  | (136928195) |
|  | NET ASSETS - 100.0% |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29395824349 |

---

ADR American Depositary Receipt

REIT Real Estate Investment Trust

(a) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $623,020,977.

(b) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

(c) Security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities are deemed liquid and may be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. As of the end of the reporting period, the aggregate value of these securities is $287,502,724 or 1.0% of Total Investments.

(d) For fair value measurement disclosure purposes, investment classified as Level 3.

(e) Investments made with cash collateral received from securities on loan.

(f) The rate shown is the one-day yield as of the end of the reporting period.

(g) Agreement with Bank of New York Mellon Corp, 4.360% dated 4/30/25 to be repurchased at $275,033,306 on 5/1/25, collateralized by Government Agency Securities, with coupon rates 0.000%–3.875% and maturity dates 10/23/25–3/31/27, valued at $280,500,000.

(h) Agreement with Bank of New York Mellon Corp, 4.370% dated 4/30/25 to be repurchased at $20,510,817 on 5/1/25, collateralized by Government Agency Securities, with coupon rate 4.625% and maturity date 6/15/27, valued at $20,571,367.

Investments in Derivatives

Futures Contracts - Long

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Description | Number of<br>Contracts | Expiration<br>Date | Notional<br>Amount | Value | Unrealized<br>Appreciation<br>(Depreciation) |
|  MSCI EAFE Index | 2665 | 06/20/25 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;329715927 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;332418775 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2702848 |

---

*See Notes to Financial Statements* 151

------

## Statement of Assets and Liabilities

---

| | | | |
|:---|:---|:---|:---|
| April 30, 2025 (Unaudited) | Equity Index | Large Cap Growth Index | Large Cap Value Index |
|  ASSETS |  |  |  |
|  Long-term investments, at value<sup>\*†</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47315817304 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14525426166 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10285756206 |
|  Short-term investments, at value<sup>#</sup> | 460133239 | 8372000 | 2331000 |
|  Investments purchased with collateral from securities lending, at value (cost approximates value) | 108540926 | 19360114 | 10815218 |
|  Cash | 65921 | 2882 |  |
|  Cash denominated in foreign currencies<sup>^</sup> |  |  |  |
|  Cash collateral at brokers for investments in futures contracts | 165921 |  |  |
|  Receivables: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dividends | 24784149 | 2736301 | 9493401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest | 119750 | 1016 | 283 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments sold | 7223367 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reclaims |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reimbursement from Adviser | 1044581 | 6 | 6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shares sold | 186721129 | 5173741 | 79707150 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Variation margin on futures contracts | 218628 |  |  |
|  Other | 2665670 | 814920 | 830499 |
|  Total assets | 48107500585 | 14561887146 | 10388933763 |
|  LIABILITIES |  |  |  |
|  Due to affiliates | 52759 | 19996 | 15401 |
|  Cash overdraft |  |  | 161 |
|  Payables: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Management fees | 1502255 | 458295 | 326678 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Collateral from securities lending | 108540926 | 19360114 | 10815218 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital gain taxes |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments purchased - regular settlement | 301365870 | 4006977 | 82442672 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shares redeemed | 2087293 | 8572106 | 3958519 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Service agreement fees | 153417 | 243738 | 253023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Variation margin on futures contracts |  |  |  |
|  Accrued expenses: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Custodian fees | 81698 | 29925 | 25312 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Professional fees | 34937 | 15597 | 14656 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shareholder reporting expenses | 156316 | 204192 | 175184 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shareholder servicing agent fees | 137215 | 61528 | 35694 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Trustees fees | 2624772 | 837795 | 832053 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12b-1 distribution and service fees | 321460 |  |  |
|  Other | 167787 | 13109 | 7261 |
|  Total liabilities | 417226705 | 33823372 | 98901832 |
|  Net assets | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47690273880 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14528063774 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10290031931 |
|  NET ASSETS CONSIST OF: |  |  |  |
|  Paid-in capital | $21216933922 | $5083637498 | $7024972017 |
|  Total distributable earnings (loss) | 26473339958 | 9444426276 | 3265059914 |
|  Net assets | $47690273880 | $14528063774 | $10290031931 |
|  <sup>\*</sup> Includes securities loaned of | $166552352 | $26986739 | $39896980 |
|  <sup>†</sup> Long-term investments, cost | $21002621883 | $5037882157 | $6996463191 |
|  <sup>#</sup> Short-term investments, cost | $460152115 | $8372000 | $2331000 |
|  <sup>^</sup> Cash denominated in foreign currencies, cost | $– | $– | $– |

---

152 *See Notes to Financial Statements*

------

## &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
| S&P 500 Index | Small Cap Blend Index | Emerging Markets Equity<br>Index | International Equity Index |
| $10098588978 | $2938591634 | $7143844222 | $28843139068 |
| 141087710 | 16720000 | 122138588 | 390691905 |
| <br> 204 | 72626793 | 15433464 | 298921571 |
| 138 | 48098 | 1482077 | 4732215 |
|  |  | 3290519 | 12543749 |
| 14 | 1546006 | 5723546 | 21471791 |
| 5666559 | 932192 | 9780796 | 120069141 |
| 13318 | 2030 | 13011 | 35754 |
|  | 10068940 |  | 68070182 |
|  | 684 | 263306 | 73007667 |
| 12 |  | 546156 | 346057 |
| 4431257 | 1017528 | 526342 | 5740327 |
| 110162 |  | 143379 |  |
| 900046 | 630208 | 375619 | 2564480 |
| 10250798398 | 3042184113 | 7303561025 | 29841333907 |
| 15530 | 7764 | 13898 | 31023 |
| 323929 | 96335 | 572627 | 928974 |
| 204 | 72626793 | 15433464 | 298921571 |
|  |  | 67877959 |  |
| 1677051 |  |  |  |
| 1211966 | 3188977 | 56283222 | 142238921 |
| 594908 | 110827 | 166907 | 361238 |
|  | 114540 |  | 639600 |
| 25053 | 13031 | 969343 | 371792 |
| 16244 | 21315 | 28204 | 33205 |
| 41663 | 53183 | 16194 | 144100 |
| 72355 | 25609 | 7033 | 83355 |
| 923243 | 442760 | 273001 | 1628426 |
|  |  | 4238 | 19021 |
| 6712 | 1407 | 121419 | 108332 |
| 4908858 | 76702541 | 141767509 | 445509558 |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10245889540 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2965481572 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7161793516 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29395824349 |
| $3674304758 | $2348485686 | $6896404099 | $23108921639 |
| 6571584782 | 616995886 | 265389417 | 6286902710 |
| $10245889540 | $2965481572 | $7161793516 | $29395824349 |
| $3495934 | $109328255 | $65067098 | $623020977 |
| $3577294288 | $2198631143 | $5523300718 | $20897427729 |
| $141089991 | $16720000 | $122140267 | $390700227 |
| $– | $– | $3261445 | $12586272 |

---

See Notes to Financial Statements 153

------

## Statement of Assets and Liabilities (continued)

---

| | | | |
|:---|:---|:---|:---|
| April 30, 2025 (Unaudited) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Large Cap Growth Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Large Cap Value Index |
|  CLASS A: |  |  |  |
|  Net assets | $1596232693 | $– | $– |
|  Shares outstanding | 40357587 |  |  |
|  Net asset value ("NAV") per share | $39.55 | $– | $– |
|  Maximum sales charge | 5.75% | –% | –% |
|  Offering price per share (NAV per share plus maximum sales charge) | $41.96 | $– | $– |
|  CLASS I: |  |  |  |
|  Net assets | $8200350 | $188506207 | $104110975 |
|  Shares outstanding | 211136 | 3078197 | 4106348 |
|  NAV and offering price per share | $38.84 | $61.24 | $25.35 |
|  PREMIER CLASS: |  |  |  |
|  Net assets | $40537282 | $– | $– |
|  Shares outstanding | 1046974 |  |  |
|  NAV and offering price per share | $38.72 | $– | $– |
|  CLASS R6: |  |  |  |
|  Net assets | $16528343632 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;13096364595 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8942399266 |
|  Shares outstanding | 425911762 | 213422161 | 352934755 |
|  NAV and offering price per share | $38.81 | $61.36 | $25.34 |
|  RETIREMENT CLASS: |  |  |  |
|  Net assets | $772599182 | $1243192972 | $1243521690 |
|  Shares outstanding | 19597217 | 20086598 | 48043810 |
|  NAV and offering price per share | $39.42 | $61.89 | $25.88 |
|  CLASS W: |  |  |  |
|  Net assets | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28744360741 | $– | $– |
|  Shares outstanding | 740393789 |  |  |
|  NAV and offering price per share | $38.82 | $– | $– |
|  Authorized shares - per class | Unlimited | Unlimited | Unlimited |
|  Par value per share | $0.0001 | $0.0001 | $0.0001 |

---

154 See Notes to Financial Statements

------

## &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | |
|:---|:---|:---|:---|
| S&P 500 Index | Small Cap Blend Index | Emerging Markets Equity<br>Index | International Equity Index |
| $– | $– | $16136434 | $– |
|  |  | 1436954 |  |
| $– | $– | $11.23 | $– |
| –% | –% | 5.75% | –% |
| $– | $– | $11.92 | $– |
| $175368155 | $17836070 | $4593144 | $188194398 |
| 2884005 | 847494 | 406478 | 7615325 |
| $60.81 | $21.05 | $11.30 | $24.71 |
| $– | $– | $8315562 | $162380401 |
|  |  | 738672 | 6580547 |
| $– | $– | $11.26 | $24.68 |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7053635857 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2392069075 | $1396773346 | $16296753056 |
| 115754988 | 113463321 | 124009094 | 659050496 |
| $60.94 | $21.08 | $11.26 | $24.73 |
| $3016885528 | $555576427 | $846655638 | $1860275613 |
| 49930601 | 26217362 | 75606276 | 73311720 |
| $60.42 | $21.19 | $11.20 | $25.37 |
| $– | $– | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4889319392 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10888220881 |
|  |  | 433198802 | 440095715 |
| $– | $– | $11.29 | $24.74 |
| Unlimited | Unlimited | Unlimited | Unlimited |
| $0.0001 | $0.0001 | $0.0001 | $0.0001 |

---

155 See Notes to Financial Statements

------

## Statement of Operations

---

| | | | |
|:---|:---|:---|:---|
| Six Months Ended April 30, 2025 (Unaudited) | Equity Index | Large Cap Growth Index | Large Cap Value Index |
|  INVESTMENT INCOME |  |  |  |
|  Dividends | $304066847 | $47349486 | $109008401 |
|  Interest | 9721550 | 100510 | 22526 |
|  Securities lending income, net | 956247 | 33213 | 51473 |
|  Tax withheld | (82243) | (553) | (17386) |
|  Total investment income | 314662401 | 47482656 | 109065014 |
|  EXPENSES |  |  |  |
|  Management fees | 9629256 | 3052858 | 2122044 |
|  12b-1 distribution and service fees — Class A | 2113689 |  |  |
|  12b-1 distribution and service fees — Premier Class | 31386 |  |  |
|  Shareholder servicing agent fees — Class A | 278880 |  |  |
|  Shareholder servicing agent fees — Class I | 448 | 68256 | 37127 |
|  Shareholder servicing agent fees — Premier Class | 77 |  |  |
|  Shareholder servicing agent fees — Class R6 | 26454 | 21198 | 10287 |
|  Shareholder servicing agent fees — Retirement Class | 1039190 | 1660462 | 1729522 |
|  Shareholder servicing agent fees — Class W | 8136 |  |  |
|  Administrative service fees | 125657 | 76723 | 59109 |
|  Trustees fees | 248367 | 80518 | 55223 |
|  Custodian expenses | 123775 | 48343 | 39362 |
|  Overdraft expense | 2017 | 38836 | 31963 |
|  Professional fees | 63068 | 22093 | 19278 |
|  Registration fees | 63915 | 52427 | 53399 |
|  Shareholder reporting expenses | 127917 | 124698 | 106840 |
|  Other | 207449 | 49184 | 41518 |
|  Total expenses | 14089681 | 5295596 | 4305672 |
|  Expenses reimbursed by the investment adviser | (6182427) |  |  |
|  Net expenses | 7907254 | 5295596 | 4305672 |
|  Net investment income (loss) | 306755147 | 42187060 | 104759342 |
|  REALIZED AND UNREALIZED GAIN (LOSS) |  |  |  |
|  Realized gain (loss): |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments<sup>\*</sup> | 438981598 | 28607178 | 62532117 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures contracts | (57590777) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign currency transactions | (149110) | 3912 | 402 |
|  Net realized gain (loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;381241711 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;28611090 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;62532519 |
|  Change in unrealized appreciation (depreciation) on: |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments<sup>‡</sup> | (1725632653) | (252545042) | (353310123) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures contracts | 14070689 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign currency translations |  |  |  |
|  Net change in unrealized appreciation (depreciation) | (1711561964) | (252545042) | (353310123) |
|  Net realized and unrealized gain (loss) | (1330320253) | (223933952) | (290777604) |
|  Net increase (decrease) in net assets from operations | $(1023565106) | $(181746892) | $(186018262) |
|  \* Net of foreign capital gains tax | $– | $– | $– |
|  <sup>‡</sup> Net of change in unrealized foreign capital gains taxes | $– | $– | $– |

---

156 *See Notes to Financial Statements*

------

---

| | | | |
|:---|:---|:---|:---|
| S&P 500 Index | Small Cap Blend Index | Emerging Markets Equity<br>Index | International Equity Index |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;69107255 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15203288 | $87907260 | $466091793 |
| 2633803 | 510856 | 2251489 | 10136880 |
| 6906 | 1142459 | 368237 | 1576306 |
| (16669) | (69424) | (8939753) | (29400728) |
| 71731295 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16787179 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;81587233 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;448404251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2131414 | 686671 | 3574044 | 5623734 |
|  |  | 20340 |  |
|  |  | 6012 | 116894 |
|  |  | 8975 |  |
| 120097 | 47 | 2047 | 124011 |
|  |  | 49 | 139 |
| 17158 | 7495 | 1068 | 21453 |
| 3874804 | 793198 | 1009098 | 2133345 |
|  |  | 1500 | 3053 |
| 58824 | 18121 | 36056 | 126373 |
| 54048 | 17851 | 37111 | 141194 |
| 39248 | 25117 | 1521395 | 616327 |
| 4766 | 236 |  | 37 |
| 20787 | 22749 | 31109 | 49214 |
| 42087 | 40213 | 32003 | 65537 |
| 71997 | 55662 | 36564 | 194800 |
| 28270 | 14457 | 280021 | 368321 |
| 6463500 | 1681817 | 6597392 | 9584432 |
|  |  | (3830735) | (2673071) |
| 6463500 | 1681817 | 2766657 | 6911361 |
| 65267795 | 15105362 | 78820576 | 441492890 |
| 81106979 | 3757492 | (170455530) | (444534960) |
| (9444168) | (8529148) | (4463526) | 20188388 |
| 1271 | 4501 | (455622) | (4219007) |
| 71664082 | (4767155) | (175374678) | (428565579) |
| (311825416) | (355742822) | 159388704 | 2463251231 |
| 5111748 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1153265 | 3270096 | 8567415 |
|  |  | 387167 | 9387100 |
| (306713668) | (354589557) | 163045967 | 2481205746 |
| (235049586) | (359356712) | (12328711) | 2052640167 |
| $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(169781791) | $(344251350) | $66491865 | $2494133057 |
| $– | $– | $2114452 | $– |
| $– | $– | $8122377 | $– |

---

See Notes to Financial Statements 157

------

## Statement of Changes in Net Assets

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Equity Index | Equity Index | Large Cap Growth Index | Large Cap Growth Index |
| | Unaudited<br>Six Months Ended<br>4/30/25 | Year Ended<br> 10/31/24 | Unaudited<br>Six Months Ended<br>4/30/25 | Year Ended <br> 10/31/24  |
|  OPERATIONS |  |  |  |  |
|  Net investment income (loss) | $306755147 | $611964641 | $42187060 | $86164500 |
|  Net realized gain (loss) | 381241711 | 306004095 | 28611090 | 445107135 |
|  Net change in unrealized appreciation (depreciation) | (1711561964) | 12552057408 | (252545042) | 4035272796 |
|  Net increase (decrease) in net assets from operations | (1023565106) | 13470026144 | (181746892) | 4566544431 |
|  DISTRIBUTIONS TO SHAREHOLDERS |  |  |  |  |
|  Dividends: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (22985450) | (17320318) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (143142) | (188495) | (6591748) | (3675485) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | (626797) | (574328) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (273803382) | (205917296) | (454361528) | (202563375) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (11496075) | (8931289) | (40172601) | (16642617) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | (469124577) | (370777019) |  |  |
|  Total distributions | (778179423) | (603708745) | (501125877) | (222881477) |
|  FUND SHARE TRANSACTIONS |  |  |  |  |
|  Subscriptions | 4161385376 | 3305781567 | 1628591776 | 2916875443 |
|  Reinvestments of distributions | 776183537 | 601281670 | 431267751 | 189745769 |
|  Redemptions | (3017653295) | (5316395627) | (1879274908) | (2953167397) |
|  Net increase (decrease) from Fund share transactions | 1919915618 | (1409332390) | 180584619 | 153453815 |
|  Net increase (decrease) in net assets | 118171089 | 11456985009 | (502288150) | 4497116769 |
|  Net assets at the beginning of period | 47572102791 | 36115117782 | 15030351924 | 10533235155 |
|  Net assets at the end of period | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47690273880 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47572102791 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14528063774 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15030351924 |

---

158 See Notes to Financial Statements

------

## &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| Large Cap Value Index | Large Cap Value Index | S&P 500 Index | S&P 500 Index | Small Cap Blend Index | Small Cap Blend Index | Emerging Markets Equity Index | Emerging Markets Equity Index |
| Unaudited<br>Six Months Ended<br> 4/30/25 | Year Ended<br> 10/31/24 | Unaudited<br>Six Months Ended<br> 4/30/25 | Year Ended<br> 10/31/24 | Unaudited<br>Six Months Ended<br>4/30/25 | Year Ended<br>10/31/24 | Unaudited<br> Six Months Ended<br> 4/30/25 | Year Ended<br>10/31/24 |
| $104759342 | $204621642 | $65267795 | $129296891 | $15105362 | $45045929$| 78820576 | $167595285 |
| 62532519 | 95707372 | 71664082 | 51251087 | (4767155) | 171327070 | (175374678) | (205900758) |
| (353310123) | 2171634108 | (306713668) | 2757805036 | (354589557) | 729715416 | 163045967 | 1305895122 |
| (186018262) | 2471963122 | (169781791) | 2938353014 | (344251350) | 946088415 | 66491865 | 1267589649 |
|  |  |  |  |  |  | (402420) | (491613) |
| (3098412) | (5116228) | (2454325) | (2052396) | (1560838) | (447340) | (127114) | (147073) |
|  |  |  |  |  |  | (206686) | (256445) |
| (269496036) | (346074951) | (116309959) | (92610354) | (184177629) | (82901086) | (37144733) | (35218813) |
| (37427013) | (64593220) | (40275760) | (29749791) | (40642346) | (18512544) | (20627137) | (17569792) |
|  |  |  |  |  |  | (148087246) | (126351017) |
| (310021461) | (415784399) | (159040044) | (124412541) | (226380813) | (101860970) | (206595336) | (180034753) |
| 922307095 | 2127268951 | 696256198 | 1040096036 | 167796383 | 411519009 | 745559309 | 1247321231 |
| 268805606 | 359538957 | 157208034 | 122951683 | 222027408 | 99980070 | 206571360 | 180001479 |
| (1272465378) | (1659015602) | (991715361) | (1106906963) | (374978384) | (621137215) | (691954070) | (690284611) |
| (81352677) | 827792306 | (138251129) | 56140756 | 14845407 | (109638136) | 260176599 | 737038099 |
| (577392400) | 2883971029 | (467072964) | 2870081229 | (555786756) | 734589309 | 120073128 | 1824592995 |
| 10867424331 | 7983453302 | 10712962504 | 7842881275 | 3521268328 | 2786679019 | 7041720388 | 5217127393 |
| $10290031931 | $10867424331 | $10245889540 | $10712962504 | $2965481572 | $3521268328 | $7161793516 | $7041720388 |

---

See Notes to Financial Statements 159

------

## Statement of Changes in Net Assets (continued)

---

| | | |
|:---|:---|:---|
|  | International Equity Index | International Equity Index |
| | Unaudited<br>Six Months Ended 4/30/25 | Year <br> Ended 10/31/24  |
|  OPERATIONS |  |  |
|  Net investment income (loss) | $441492890 | $727404371 |
|  Net realized gain (loss) | (428565579) | (202857741) |
|  Net change in unrealized appreciation (depreciation) | 2481205746 | 3920576153 |
|  Net increase (decrease) in net assets from operations | 2494133057 | 4445122783 |
|  DISTRIBUTIONS TO SHAREHOLDERS |  |  |
|  Dividends: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (5447414) | (15540494) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | (4434973) | (4403485) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (454802619) | (353653228) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (45014620) | (37519557) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | (324769297) | (287041379) |
|  Total distributions | (834468923) | (698158143) |
|  FUND SHARE TRANSACTIONS |  |  |
|  Subscriptions | 2205082790 | 5489734875 |
|  Reinvestments of distributions | 815826111 | 680909346 |
|  Redemptions | (2450116802) | (2769752680) |
|  Net increase (decrease) from Fund share transactions | 570792099 | 3400891541 |
|  Net increase (decrease) in net assets | 2230456233 | 7147856181 |
|  Net assets at the beginning of period | 27165368116 | 20017511935 |
|  Net assets at the end of period | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;29395824349 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27165368116 |

---

160 See Notes to Financial Statements

------

[This page intentionally left blank.]

161<br>

------

## Financial Highlights
The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | Investment Operations | Investment Operations | Investment Operations | Less Distributions | Less Distributions | Less Distributions | |
| |<br>Net Asset<br>Value,<br> Beginning<br>of Period | Net<br>Investment<br>Income<br>(Loss)<sup>(a)</sup> | Net Realized/<br>Unrealized<br>Gain (Loss) | Total | From Net<br>Investment<br>Income | From Net<br>Realized<br> Gains | Total |<br>Net Asset<br> Value<br>End of<br> Period |
|  Equity Index |  |  |  |  |  |  |  |  |
|  Class A: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;41.01 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.20 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.10) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.90) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.43) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.13) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.56) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;39.55 |
|  10/31/24 | 30.22 | 0.41 | 10.79 | 11.20 | (0.41) |  | (0.41) | 41.01 |
|  10/31/23 | 28.39 | 0.41 | 1.85 | 2.26 | (0.36) | (0.07) | (0.43) | 30.22 |
|  10/31/22 | 34.70 | 0.38 | (6.07) | (5.69) | (0.32) | (0.30) | (0.62) | 28.39 |
|  10/31/21 | 24.48 | 0.32 | 10.23 | 10.55 | (0.33) |  | (0.33) | 34.70 |
|  10/31/20 | 22.69 | 0.33 | 1.86 | 2.19 | (0.35) | (0.05) | (0.40) | 24.48 |
|  Class I: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 40.28 | 0.26 | (1.08) | (0.82) | (0.49) | (0.13) | (0.62) | 38.84 |
|  10/31/24 | 29.69 | 0.47 | 10.58 | 11.05 | (0.46) |  | (0.46) | 40.28 |
|  10/31/23 | 27.88 | 0.46 | 1.81 | 2.27 | (0.39) | (0.07) | (0.46) | 29.69 |
|  10/31/22 | 34.11 | 0.41 | (5.95) | (5.54) | (0.39) | (0.30) | (0.69) | 27.88 |
|  10/31/21 | 24.05 | 0.35 | 10.06 | 10.41 | (0.35) |  | (0.35) | 34.11 |
|  10/31/20 | 22.29 | 0.40 | 1.80 | 2.20 | (0.39) | (0.05) | (0.44) | 24.05 |
|  Premier Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 40.17 | 0.23 | (1.08) | (0.85) | (0.47) | (0.13) | (0.60) | 38.72 |
|  10/31/24 | 29.60 | 0.45 | 10.56 | 11.01 | (0.44) |  | (0.44) | 40.17 |
|  10/31/23 | 27.81 | 0.44 | 1.81 | 2.25 | (0.39) | (0.07) | (0.46) | 29.60 |
|  10/31/22 | 34.01 | 0.39 | (5.93) | (5.54) | (0.36) | (0.30) | (0.66) | 27.81 |
|  10/31/21 | 23.99 | 0.35 | 10.03 | 10.38 | (0.36) |  | (0.36) | 34.01 |
|  10/31/20 | 22.24 | 0.35 | 1.83 | 2.18 | (0.38) | (0.05) | (0.43) | 23.99 |
|  Class R6: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 40.30 | 0.26 | (1.08) | (0.82) | (0.54) | (0.13) | (0.67) | 38.81 |
|  10/31/24 | 29.69 | 0.50 | 10.61 | 11.11 | (0.50) |  | (0.50) | 40.30 |
|  10/31/23 | 27.90 | 0.48 | 1.81 | 2.29 | (0.43) | (0.07) | (0.50) | 29.69 |
|  10/31/22 | 34.12 | 0.44 | (5.95) | (5.51) | (0.41) | (0.30) | (0.71) | 27.90 |
|  10/31/21 | 24.07 | 0.39 | 10.06 | 10.45 | (0.40) |  | (0.40) | 34.12 |
|  10/31/20 | 22.31 | 0.39 | 1.84 | 2.23 | (0.42) | (0.05) | (0.47) | 24.07 |
|  Retirement Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 40.88 | 0.21 | (1.10) | (0.89) | (0.44) | (0.13) | (0.57) | 39.42 |
|  10/31/24 | 30.12 | 0.42 | 10.76 | 11.18 | (0.42) |  | (0.42) | 40.88 |
|  10/31/23 | 28.29 | 0.42 | 1.83 | 2.25 | (0.35) | (0.07) | (0.42) | 30.12 |
|  10/31/22 | 34.59 | 0.37 | (6.04) | (5.67) | (0.33) | (0.30) | (0.63) | 28.29 |
|  10/31/21 | 24.40 | 0.32 | 10.21 | 10.53 | (0.34) |  | (0.34) | 34.59 |
|  10/31/20 | 22.62 | 0.34 | 1.85 | 2.19 | (0.36) | (0.05) | (0.41) | 24.40 |
|  Class W: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 40.32 | 0.26 | (1.08) | (0.82) | (0.55) | (0.13) | (0.68) | 38.82 |
|  10/31/24 | 29.71 | 0.52 | 10.60 | 11.12 | (0.51) |  | (0.51) | 40.32 |
|  10/31/23 | 27.91 | 0.50 | 1.81 | 2.31 | (0.44) | (0.07) | (0.51) | 29.71 |
|  10/31/22 | 34.13 | 0.45 | (5.94) | (5.49) | (0.43) | (0.30) | (0.73) | 27.91 |
|  10/31/21 | 24.08 | 0.41 | 10.05 | 10.46 | (0.41) |  | (0.41) | 34.13 |
|  10/31/20 | 22.32 | 0.39 | 1.85 | 2.24 | (0.43) | (0.05) | (0.48) | 24.08 |

---

(a) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Based on average shares outstanding.

(b) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total returns are at NAV and do not include any sales charge. Total returns are not annualized.

(c) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unaudited

(d) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Annualized.

(e) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Does not include in-kind transactions.

162 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | |
| | | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | |
| Total<br>Return<sup>(b)</sup> | Net Assets,<br>End of<br> Period (000) | Gross<br>Expenses | Net<br>Expenses | Net<br>Investment<br>Income (Loss) | Portfolio<br>Turnover<br>Rate |
| (2.32)% | $1596233 | 0.33 %<sup>(d)</sup> | 0.33 %<sup>(d)</sup> | 0.98 %<sup>(d)</sup> | 4% |
| 37.39 | 1684649 | 0.32 | 0.32 | 1.10 | 3 |
| 8.05 | 1276703 | 0.32 | 0.32 | 1.37 | 4 <sup>(e)</sup> |
| (16.70) | 1231300 | 0.32 | 0.28 | 1.22 | 7 |
| 43.45 | 1493507 | 0.32 | 0.32 | 1.02 | 7 <sup>(e)</sup> |
| 9.77 | 1070150 | 0.33 | 0.33 | 1.41 | 12 <sup>(e)</sup> |
| (2.18) | 8200 | 0.05 <sup>(d)</sup> | 0.05 <sup>(d)</sup> | 1.26 <sup>(d)</sup> | 4 |
| 37.62 | 9344 | 0.15 | 0.15 | 1.30 | 3 |
| 8.25 | 11988 | 0.15 | 0.15 | 1.54 | 4 <sup>(e)</sup> |
| (16.59) | 11341 | 0.15 | 0.15 | 1.33 | 7 |
| 43.66 | 14119 | 0.17 | 0.17 | 1.16 | 7 <sup>(e)</sup> |
| 9.97 | 9404 | 0.17 | 0.17 | 1.71 | 12 <sup>(e)</sup> |
| (2.24) | 40537 | 0.19 <sup>(d)</sup> | 0.19 <sup>(d)</sup> | 1.12 <sup>(d)</sup> | 4 |
| 37.55 | 42186 | 0.20 | 0.20 | 1.24 | 3 |
| 8.18 | 40778 | 0.20 | 0.20 | 1.50 | 4 <sup>(e)</sup> |
| (16.62) | 54969 | 0.20 | 0.20 | 1.30 | 7 |
| 43.64 | 71581 | 0.20 | 0.20 | 1.15 | 7 <sup>(e)</sup> |
| 9.92 | 57737 | 0.20 | 0.20 | 1.55 | 12 <sup>(e)</sup> |
| (2.16) | 16528344 | 0.04 <sup>(d)</sup> | 0.04 <sup>(d)</sup> | 1.26 <sup>(d)</sup> | 4 |
| 37.78 | 16533797 | 0.05 | 0.05 | 1.38 | 3 |
| 8.32 | 12336618 | 0.05 | 0.05 | 1.64 | 4 <sup>(e)</sup> |
| (16.50) | 11632072 | 0.05 | 0.05 | 1.46 | 7 |
| 43.84 | 12335597 | 0.05 | 0.05 | 1.30 | 7 <sup>(e)</sup> |
| 10.10 | 9563188 | 0.05 | 0.05 | 1.69 | 12 <sup>(e)</sup> |
| (2.31) | 772599 | 0.29 <sup>(d)</sup> | 0.29 <sup>(d)</sup> | 1.02 <sup>(d)</sup> | 4 |
| 37.44 | 833358 | 0.30 | 0.30 | 1.13 | 3 |
| 8.05 | 647237 | 0.30 | 0.30 | 1.39 | 4 <sup>(e)</sup> |
| (16.71) | 651723 | 0.30 | 0.30 | 1.20 | 7 |
| 43.50 | 838804 | 0.30 | 0.30 | 1.05 | 7 <sup>(e)</sup> |
| 9.79 | 612612 | 0.30 | 0.30 | 1.45 | 12 <sup>(e)</sup> |
| (2.17) | 28744361 | 0.04 <sup>(d)</sup> | 0.00 <sup>(d)</sup> | 1.30 <sup>(d)</sup> | 4 |
| 37.85 | 28468770 | 0.05 | 0.00 | 1.42 | 3 |
| 8.40 | 21801793 | 0.05 | 0.00 | 1.68 | 4 <sup>(e)</sup> |
| (16.46) | 19193641 | 0.05 | 0.00 | 1.50 | 7 |
| 43.88 | 20403908 | 0.05 | 0.00 | 1.34 | 7 <sup>(e)</sup> |
| 10.14 | 14941901 | 0.05 | 0.00 | 1.71 | 12 <sup>(e)</sup> |

---

<br> See Notes to Financial Statements 163

------

## Financial Highlights (continued)
The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | Investment Operations | Investment Operations | Investment Operations | Less Distributions | Less Distributions | Less Distributions | |
| |<br>Net Asset<br>Value,<br>Beginning<br> of Period | Net<br> Investment<br>Income<br> (Loss)<sup>(a)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net Realized/<br>Unrealized<br>Gain (Loss) | Total | From Net<br>Investment<br>Income | From Net<br>Realized<br> Gains | Total |<br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Net Asset<br>Value<br> End of<br> Period |
|  Large Cap Growth Index |  |  |  |  |  |  |  |  |
|  Class I: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;64.15 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.17 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.97) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.80) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.33) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.78) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.11) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;61.24 |
|  10/31/24 | 45.52 | 0.33 | 19.25 | 19.58 | (0.36) | (0.59) | (0.95) | 64.15 |
|  10/31/23 | 42.34 | 0.33 | 6.88 | 7.21 | (0.36) | (3.67) | (4.03) | 45.52 |
|  10/31/22 | 61.13 | 0.35 | (14.14) | (13.79) | (0.44) | (4.56) | (5.00) | 42.34 |
|  10/31/21 | 43.57 | 0.32 | 18.12 | 18.44 | (0.29) | (0.59) | (0.88) | 61.13 |
|  10/31/20 | 34.57 | 0.33 | 9.50 | 9.83 | (0.36) | (0.47) | (0.83) | 43.57 |
|  Class R6: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 64.32 | 0.19 | (0.97) | (0.78) | (0.40) | (1.78) | (2.18) | 61.36 |
|  10/31/24 | 45.62 | 0.39 | 19.29 | 19.68 | (0.39) | (0.59) | (0.98) | 64.32 |
|  10/31/23 | 42.43 | 0.39 | 6.88 | 7.27 | (0.41) | (3.67) | (4.08) | 45.62 |
|  10/31/22 | 61.25 | 0.41 | (14.17) | (13.76) | (0.50) | (4.56) | (5.06) | 42.43 |
|  10/31/21 | 43.65 | 0.39 | 18.15 | 18.54 | (0.35) | (0.59) | (0.94) | 61.25 |
|  10/31/20 | 34.63 | 0.39 | 9.50 | 9.89 | (0.40) | (0.47) | (0.87) | 43.65 |
|  Retirement Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 64.79 | 0.11 | (0.98) | (0.87) | (0.25) | (1.78) | (2.03) | 61.89 |
|  10/31/24 | 45.97 | 0.24 | 19.45 | 19.69 | (0.28) | (0.59) | (0.87) | 64.79 |
|  10/31/23 | 42.70 | 0.29 | 6.94 | 7.23 | (0.29) | (3.67) | (3.96) | 45.97 |
|  10/31/22 | 61.61 | 0.29 | (14.28) | (13.99) | (0.36) | (4.56) | (4.92) | 42.70 |
|  10/31/21 | 43.91 | 0.26 | 18.27 | 18.53 | (0.24) | (0.59) | (0.83) | 61.61 |
|  10/31/20 | 34.83 | 0.29 | 9.57 | 9.86 | (0.31) | (0.47) | (0.78) | 43.91 |

---

(a) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Based on average shares outstanding.

(b) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total returns are not annualized.

(c) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unaudited

(d) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Annualized.

(e) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Does not include in-kind transactions.

164 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | |
| | | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | |
| Total<br>Return<sup>(b)</sup> | Net Assets, End<br>of Period (000) | Gross<br>Expenses | Net<br>Expenses | Net<br>Investment<br>Income (Loss) | Portfolio<br>Turnover<br>Rate |
| (1.61)% | $188506 | 0.11 %<sup>(d)</sup> | 0.11 %<sup>(d)</sup> | 0.51 %<sup>(d)</sup> | 7% |
| 43.61 | 198405 | 0.16 | 0.16 | 0.57 | 27 |
| 18.74 | 170531 | 0.16 | 0.16 | 0.76 | 32 <sup>(e)</sup> |
| (24.73) | 84495 | 0.16 | 0.16 | 0.72 | 34 |
| 42.93 | 81993 | 0.17 | 0.17 | 0.61 | 31 |
| 29.00 | 63667 | 0.18 | 0.18 | 0.86 | 33 <sup>(e)</sup> |
| (1.58) | 13096365 | 0.05 <sup>(d)</sup> | 0.05 <sup>(d)</sup> | 0.58 <sup>(d)</sup> | 7 |
| 43.76 | 13554206 | 0.05 | 0.05 | 0.67 | 27 |
| 18.86 | 9494986 | 0.05 | 0.05 | 0.90 | 32 <sup>(e)</sup> |
| (24.65) | 8034639 | 0.05 | 0.05 | 0.84 | 34 |
| 43.11 | 10180858 | 0.05 | 0.05 | 0.73 | 31 |
| 29.14 | 7537182 | 0.05 | 0.05 | 1.00 | 33 <sup>(e)</sup> |
| (1.69) | 1243193 | 0.30 <sup>(d)</sup> | 0.30 <sup>(d)</sup> | 0.33 <sup>(d)</sup> | 7 |
| 43.37 | 1277741 | 0.30 | 0.30 | 0.42 | 27 |
| 18.58 | 867718 | 0.30 | 0.30 | 0.66 | 32 <sup>(e)</sup> |
| (24.84) | 757262 | 0.30 | 0.30 | 0.58 | 34 |
| 42.77 | 1085055 | 0.30 | 0.30 | 0.48 | 31 |
| 28.84 | 855735 | 0.30 | 0.30 | 0.74 | 33 <sup>(e)</sup> |

---

<br> See Notes to Financial Statements 165

------

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | Investment Operations | Investment Operations | Investment Operations | Less Distributions | Less Distributions | Less Distributions | |
| |<br>Net Asset<br>Value,<br> Beginning<br> of Period | Net<br>Investment<br>Income<br>(Loss)<sup>(a)</sup> | Net Realized/<br>Unrealized<br> Gain (Loss) | Total | From Net<br>Investment<br>Income | From Net<br>Realized Gains | Total |<br>Net Asset<br>Value,<br> End of<br> Period |
|  Large Cap Value Index |  |  |  |  |  |  |  |  |
|  Class I: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;26.57 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.25 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.72) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.47) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.49) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.26) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.75) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25.35 |
|  10/31/24 | 21.35 | 0.50 | 5.84 | 6.34 | (0.52) | (0.60) | (1.12) | 26.57 |
|  10/31/23 | 22.24 | 0.47 | (0.45) | 0.02 | (0.42) | (0.49) | (0.91) | 21.35 |
|  10/31/22 | 24.82 | 0.44 | (2.14) | (1.70) | (0.41) | (0.47) | (0.88) | 22.24 |
|  10/31/21 | 17.67 | 0.36 | 7.22 | 7.58 | (0.43) |  | (0.43) | 24.82 |
|  10/31/20 | 20.49 | 0.48 | (1.90) | (1.42) | (0.54) | (0.86) | (1.40) | 17.67 |
|  Class R6: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 26.57 | 0.26 | (0.71) | (0.45) | (0.52) | (0.26) | (0.78) | 25.34 |
|  10/31/24 | 21.34 | 0.53 | 5.83 | 6.36 | (0.53) | (0.60) | (1.13) | 26.57 |
|  10/31/23 | 22.29 | 0.52 | (0.48) | 0.04 | (0.50) | (0.49) | (0.99) | 21.34 |
|  10/31/22 | 24.89 | 0.48 | (2.16) | (1.68) | (0.45) | (0.47) | (0.92) | 22.29 |
|  10/31/21 | 17.72 | 0.44 | 7.19 | 7.63 | (0.46) |  | (0.46) | 24.89 |
|  10/31/20 | 20.54 | 0.46 | (1.85) | (1.39) | (0.57) | (0.86) | (1.43) | 17.72 |
|  Retirement Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 27.09 | 0.24 | (0.74) | (0.50) | (0.45) | (0.26) | (0.71) | 25.88 |
|  10/31/24 | 21.74 | 0.48 | 5.95 | 6.43 | (0.48) | (0.60) | (1.08) | 27.09 |
|  10/31/23 | 22.68 | 0.48 | (0.48) |  | (0.45) | (0.49) | (0.94) | 21.74 |
|  10/31/22 | 25.32 | 0.43 | (2.20) | (1.77) | (0.40) | (0.47) | (0.87) | 22.68 |
|  10/31/21 | 18.03 | 0.39 | 7.32 | 7.71 | (0.42) |  | (0.42) | 25.32 |
|  10/31/20 | 20.87 | 0.42 | (1.88) | (1.46) | (0.52) | (0.86) | (1.38) | 18.03 |

---

<sup>(a)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on average shares outstanding.

<sup>(b)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total returns are not annualized. 

<sup>(c)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unaudited

<sup>(d)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annualized.

<sup>(e)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Does not include in-kind transactions.

166 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data |
|  | | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | |
| Total<br> Return<sup>(b)</sup> | Net Assets,<br> End of Period (000) | Gross Expenses | Net Expenses | Net Investment<br>Income (Loss) | Portfolio Turnover<br>Rate |
| (1.95)% | $104111 | 0.12%<sup>(d)</sup> | 0.12%<sup>(d)</sup> | 1.94%<sup>(d)</sup> | 7% |
| 30.76 | 107708 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.17 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.17 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.05 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;27 |
| (0.04) | 101091 | 0.18 | 0.18 | 2.15 | 26 <sup>(e)</sup> |
| (7.11) | 17967 | 0.19 | 0.19 | 1.92 | 21 |
| 43.47 | 16207 | 0.19 | 0.19 | 1.60 | 29 |
| (7.63) | 9094 | 0.19 | 0.19 | 2.54 | 33 <sup>(e)</sup> |
| (1.88) | 8942399 | 0.05 <sup>(d)</sup> | 0.05 <sup>(d)</sup> | 2.01 <sup>(d)</sup> | 7 |
| 30.90 | 9288489 | 0.05 | 0.05 | 2.15 | 27 |
| 0.09 | 6571229 | 0.05 | 0.05 | 2.34 | 26 <sup>(e)</sup> |
| (6.99) | 6667880 | 0.05 | 0.05 | 2.08 | 21 |
| 43.69 | 7684426 | 0.05 | 0.05 | 1.93 | 29 |
| (7.51) | 5586461 | 0.05 | 0.05 | 2.52 | 33 <sup>(e)</sup> |
| (2.02) | 1243522 | 0.30 <sup>(d)</sup> | 0.30 <sup>(d)</sup> | 1.76 <sup>(d)</sup> | 7 |
| 30.56 | 1471227 | 0.30 | 0.30 | 1.92 | 27 |
| (0.13) | 1311133 | 0.30 | 0.30 | 2.09 | 26 <sup>(e)</sup> |
| (7.25) | 1233751 | 0.30 | 0.30 | 1.83 | 21 |
| 43.28 | 1279443 | 0.30 | 0.30 | 1.67 | 29 |
| (7.71) | 821535 | 0.30 | 0.30 | 2.29 | 33 <sup>(e)</sup> |

---

See Notes to Financial Statements 167

------

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | |
|:---|:---|:---|:---|
|  | | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>Investment Operations | |
| | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>Net Asset<br>Value,<br>Beginning<br>of Period | Net<br>Investment<br>Income<br>(Loss)<sup>(a)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>Net Asset<br>Value,<br>End of<br>Period |
|  S&P 500 Index |  |  |  |
|  Class I: |  |  |  |
|  4/30/25<sup>(c)</sup> | $62.77 | $0.37) | $60.81 |
|  10/31/24 | 46.21 | 0.73) | 62.77 |
|  10/31/23 | 42.76 | 0.69) | 46.21 |
|  10/31/22 | 50.99 | 0.63) | 42.76 |
|  10/31/21 | 36.27 | 0.56) | 50.99 |
|  10/31/20 | 33.82 | 0.57) | 36.27 |
|  Class R6: |  |  |  |
|  4/30/25<sup>(c)</sup> | 62.93 | 0.41) | 60.94 |
|  10/31/24 | 46.33 | 0.80) | 62.93 |
|  10/31/23 | 42.87 | 0.76) | 46.33 |
|  10/31/22 | 51.11 | 0.69) | 42.87 |
|  10/31/21 | 36.35 | 0.62) | 51.11 |
|  10/31/20 | 33.88 | 0.62) | 36.35 |
|  Retirement Class: |  |  |  |
|  4/30/25<sup>(c)</sup> | 62.35 | 0.33) | 60.42 |
|  10/31/24 | 45.91 | 0.65) | 62.35 |
|  10/31/23 | 42.49 | 0.64) | 45.91 |
|  10/31/22 | 50.67 | 0.57) | 42.49 |
|  10/31/21 | 36.06 | 0.51) | 50.67 |
|  10/31/20 | 33.62 | 0.53) | 36.06 |

---

<sup>(a)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on average shares outstanding.

<sup>(b)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total returns are not annualized. 

<sup>(c)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unaudited

<sup>(d)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annualized.

<sup>(e)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Does not include in-kind transactions.

168 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data |
| | | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | |
| Total<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Return<sup>(b)</sup> | Net Assets,<br> End of<br>Period (000) | Gross<br> Expenses | Net<br> Expenses | Net<br> Investment<br>Income (Loss) | Portfolio<br>Turnover<br>Rate |
| (1.82)% | $175368 | 0.18%<sup>(d)</sup> | 0.18%<sup>(d)</sup> | 1.16%<sup>(d)</sup> | 2% |
| 37.75 | 174689 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.18 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3 |
| 9.95 | 134151 | 0.18 | 0.18 | 1.52 | 2 <sup>(e)</sup> |
| (14.74) | 114843 | 0.18 | 0.18 | 1.35 | 5 |
| 42.63 | 134424 | 0.18 | 0.18 | 1.25 | 7 <sup>(e)</sup> |
| 9.51 | 103558 | 0.18 | 0.18 | 1.65 | 7 |
| (1.74) | 7053636 | 0.05 <sup>(d)</sup> | 0.05 <sup>(d)</sup> | 1.30 <sup>(d)</sup> | 2 |
| 37.91 | 7512868 | 0.05 | 0.05 | 1.41 | 3 |
| 10.09 | 5617665 | 0.05 | 0.05 | 1.65 | 2 <sup>(e)</sup> |
| (14.62) | 4933068 | 0.05 | 0.05 | 1.47 | 5 |
| 42.82 | 6310496 | 0.05 | 0.05 | 1.38 | 7 <sup>(e)</sup> |
| 9.67 | 4426743 | 0.05 | 0.05 | 1.78 | 7 |
| (1.88) | 3016886 | 0.30 <sup>(d)</sup> | 0.30 <sup>(d)</sup> | 1.05 <sup>(d)</sup> | 2 |
| 37.59 | 3025406 | 0.30 | 0.30 | 1.16 | 3 |
| 9.80 | 2091065 | 0.30 | 0.30 | 1.40 | 2 <sup>(e)</sup> |
| (14.83) | 1784834 | 0.30 | 0.30 | 1.23 | 5 |
| 42.43 | 2107555 | 0.30 | 0.30 | 1.13 | 7 <sup>(e)</sup> |
| 9.41 | 1510268 | 0.30 | 0.30 | 1.53 | 7 |

---

See Notes to Financial Statements 169

------

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | Investment Operations | Investment Operations | Investment Operations | Less Distributions | Less Distributions | Less Distributions | |
| |<br>Net Asset<br>Value,<br> Beginning<br> of Period | Net<br>Investment<br>Income<br>(Loss)<sup>(a)</sup> | Net Realized/<br>Unrealized Gain<br>(Loss) | Total | From Net<br>Investment<br>Income | From Net<br>Realized<br> Gains | Total |<br>Net Asset<br>Value<br> End of<br> Period |
|  Small Cap Blend Index |  |  |  |  |  |  |  |  |
|  Class I: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24.80 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.11 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.28) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2.17) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.39) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.19) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1.58) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21.05 |
|  10/31/24 | 19.13 | 0.26 | 6.08 | 6.34 | (0.37) | (0.30) | (0.67) | 24.80 |
|  10/31/23 | 21.29 | 0.36 | (2.16) | (1.80) | (0.29) | (0.07) | (0.36) | 19.13 |
|  10/31/22 | 28.48 | 0.28 | (5.20) | (4.92) | (0.29) | (1.98) | (2.27) | 21.29 |
|  10/31/21 | 19.41 | 0.23 | 9.46 | 9.69 | (0.23) | (0.39) | (0.62) | 28.48 |
|  10/31/20 | 20.43 | 0.19 | (0.16) | 0.03 | (0.26) | (0.79) | (1.05) | 19.41 |
|  Class R6: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 24.88 | 0.11 | (2.28) | (2.17) | (0.44) | (1.19) | (1.63) | 21.08 |
|  10/31/24 | 19.17 | 0.32 | 6.09 | 6.41 | (0.40) | (0.30) | (0.70) | 24.88 |
|  10/31/23 | 21.34 | 0.39 | (2.17) | (1.78) | (0.32) | (0.07) | (0.39) | 19.17 |
|  10/31/22 | 28.54 | 0.32 | (5.22) | (4.90) | (0.32) | (1.98) | (2.30) | 21.34 |
|  10/31/21 | 19.45 | 0.27 | 9.47 | 9.74 | (0.26) | (0.39) | (0.65) | 28.54 |
|  10/31/20 | 20.46 | 0.22 | (0.15) | 0.07 | (0.29) | (0.79) | (1.08) | 19.45 |
|  Retirement Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 24.98 | 0.08 | (2.31) | (2.23) | (0.37) | (1.19) | (1.56) | 21.19 |
|  10/31/24 | 19.25 | 0.26 | 6.11 | 6.37 | (0.34) | (0.30) | (0.64) | 24.98 |
|  10/31/23 | 21.41 | 0.34 | (2.17) | (1.83) | (0.26) | (0.07) | (0.33) | 19.25 |
|  10/31/22 | 28.62 | 0.26 | (5.24) | (4.98) | (0.25) | (1.98) | (2.23) | 21.41 |
|  10/31/21 | 19.51 | 0.20 | 9.51 | 9.71 | (0.21) | (0.39) | (0.60) | 28.62 |
|  10/31/20 | 20.52 | 0.17 | (0.15) | 0.02 | (0.24) | (0.79) | (1.03) | 19.51 |

---

(a) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Based on average shares outstanding.

(b) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total returns are not annualized.

(c) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unaudited

(d) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Annualized.

(e) &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Does not include in-kind transactions.

170 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data |
| | | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | |
| Total<br> Return<sup>(b)</sup> | Net Assets,<br>End of<br>Period (000) | Gross<br>Expenses | Net<br>Expenses | Net<br>Investment<br>Income (Loss) | Portfolio<br>Turnover<br>Rate |
| (9.90)% | $17836 | 0.05 %<sup>(d)</sup> | 0.05 %<sup>(d)</sup> | 0.90 %<sup>(d)</sup> | 2% |
| 33.79 | 23031 | 0.46 | 0.24 | 1.14 | 18 |
| (8.56) | 11803 | 0.71 | 0.20 | 1.71 | 16 |
| (18.53) | 12338 | 0.67 | 0.21 | 1.22 | 25 |
| 50.57 | 13774 | 0.76 | 0.20 | 0.85 | 33 |
| (0.11) | 8823 | 1.08 | 0.20 | 1.01 | 32 <sup>(e)</sup> |
| (9.92) | 2392069 | 0.05 <sup>(d)</sup> | 0.05 <sup>(d)</sup> | 0.92 <sup>(d)</sup> | 2 |
| 34.11 | 2837755 | 0.06 | 0.06 | 1.38 | 18 |
| (8.43) | 2204534 | 0.05 | 0.05 | 1.86 | 16 |
| (18.42) | 2548376 | 0.06 | 0.06 | 1.38 | 25 |
| 50.75 | 3552723 | 0.05 | 0.05 | 1.00 | 33 |
| 0.08 | 2308446 | 0.06 | 0.06 | 1.16 | 32 <sup>(e)</sup> |
| (10.05) | 555576 | 0.30 <sup>(d)</sup> | 0.30 <sup>(d)</sup> | 0.68 <sup>(d)</sup> | 2 |
| 33.71 | 660483 | 0.31 | 0.31 | 1.13 | 18 |
| (8.62) | 570342 | 0.30 | 0.30 | 1.62 | 16 |
| (18.63) | 742366 | 0.31 | 0.31 | 1.12 | 25 |
| 50.39 | 1095078 | 0.30 | 0.30 | 0.75 | 33 |
| (0.16) | 791714 | 0.30 | 0.30 | 0.92 | 32 <sup>(e)</sup> |

---

<br> See Notes to Financial Statements 171

------

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | Investment Operations | Investment Operations | Investment Operations | Less Distributions | Less Distributions | Less Distributions | |
| |<br>Net Asset<br>Value,<br>Beginning<br> of Period | Net<br>Investment<br>Income<br>(Loss)<sup>(a)</sup> | Net Realized/<br>Unrealized<br>Gain (Loss) | Total | From Net<br>Investment<br>Income | From Net<br>Realized<br>Gains | Total |<br>Net Asset<br>Value,<br> End of<br> Period |
|  Emerging Markets Equity Index |  |  |  |  |  |  |  |  |
|  Class A: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.43 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.10 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.02) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.08 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.28) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.28) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11.23 |
|  10/31/24 | 9.57 | 0.24 | 1.90 | 2.14 | (0.28) |  | (0.28) | 11.43 |
|  10/31/23 | 8.87 | 0.23 | 0.68 | 0.91 | (0.21) |  | (0.21) | 9.57 |
|  10/31/22 | 13.13 | 0.28 | (4.30) | (4.02) | (0.24) |  | (0.24) | 8.87 |
|  10/31/21 | 11.59 | 0.22 | 1.55 | 1.77 | (0.23) |  | (0.23) | 13.13 |
|  10/31/20 | 11.00 | 0.19 | 0.68 | 0.87 | (0.28) |  | (0.28) | 11.59 |
|  Class I: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 11.51 | 0.11 | (0.02) | 0.09 | (0.30) |  | (0.30) | 11.30 |
|  10/31/24 | 9.64 | 0.26 | 1.92 | 2.18 | (0.31) |  | (0.31) | 11.51 |
|  10/31/23 | 8.93 | 0.24 | 0.69 | 0.93 | (0.22) |  | (0.22) | 9.64 |
|  10/31/22 | 13.23 | 0.33 | (4.36) | (4.03) | (0.27) |  | (0.27) | 8.93 |
|  10/31/21 | 11.65 | 0.24 | 1.57 | 1.81 | (0.23) |  | (0.23) | 13.23 |
|  10/31/20 | 11.06 | 0.18 | 0.71 | 0.89 | (0.30) |  | (0.30) | 11.65 |
|  Premier Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 11.47 | 0.11 | (0.03) | 0.08 | (0.29) |  | (0.29) | 11.26 |
|  10/31/24 | 9.58 | 0.26 | 1.92 | 2.18 | (0.29) |  | (0.29) | 11.47 |
|  10/31/23 | 8.88 | 0.25 | 0.68 | 0.93 | (0.23) |  | (0.23) | 9.58 |
|  10/31/22 | 13.15 | 0.31 | (4.32) | (4.01) | (0.26) |  | (0.26) | 8.88 |
|  10/31/21 | 11.60 | 0.25 | 1.55 | 1.80 | (0.25) |  | (0.25) | 13.15 |
|  10/31/20 | 11.02 | 0.21 | 0.67 | 0.88 | (0.30) |  | (0.30) | 11.60 |
|  Class R6: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 11.49 | 0.12 | (0.03) | 0.09 | (0.32) |  | (0.32) | 11.26 |
|  10/31/24 | 9.61 | 0.28 | 1.92 | 2.20 | (0.32) |  | (0.32) | 11.49 |
|  10/31/23 | 8.91 | 0.27 | 0.68 | 0.95 | (0.25) |  | (0.25) | 9.61 |
|  10/31/22 | 13.20 | 0.32 | (4.32) | (4.00) | (0.29) |  | (0.29) | 8.91 |
|  10/31/21 | 11.64 | 0.27 | 1.56 | 1.83 | (0.27) |  | (0.27) | 13.20 |
|  10/31/20 | 11.05 | 0.23 | 0.68 | 0.91 | (0.32) |  | (0.32) | 11.64 |
|  Retirement Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 11.41 | 0.10 | (0.02) | 0.08 | (0.29) |  | (0.29) | 11.20 |
|  10/31/24 | 9.55 | 0.25 | 1.91 | 2.16 | (0.30) |  | (0.30) | 11.41 |
|  10/31/23 | 8.86 | 0.24 | 0.67 | 0.91 | (0.22) |  | (0.22) | 9.55 |
|  10/31/22 | 13.12 | 0.29 | (4.30) | (4.01) | (0.25) |  | (0.25) | 8.86 |
|  10/31/21 | 11.57 | 0.24 | 1.55 | 1.79 | (0.24) |  | (0.24) | 13.12 |
|  10/31/20 | 11.00 | 0.20 | 0.67 | 0.87 | (0.30) |  | (0.30) | 11.57 |
|  Class W: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 11.52 | 0.13 | (0.03) | 0.10 | (0.33) |  | (0.33) | 11.29 |
|  10/31/24 | 9.64 | 0.30 | 1.92 | 2.22 | (0.34) |  | (0.34) | 11.52 |
|  10/31/23 | 8.94 | 0.29 | 0.67 | 0.96 | (0.26) |  | (0.26) | 9.64 |
|  10/31/22 | 13.23 | 0.34 | (4.33) | (3.99) | (0.30) |  | (0.30) | 8.94 |
|  10/31/21 | 11.66 | 0.29 | 1.57 | 1.86 | (0.29) |  | (0.29) | 13.23 |
|  10/31/20 | 11.07 | 0.26 | 0.67 | 0.93 | (0.34) |  | (0.34) | 11.66 |

---

<sup>(a)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on average shares outstanding.

<sup>(b)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total returns are at NAV and do not include any sales charge. Total returns are not annualized. 

<sup>(c)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unaudited

<sup>(d)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annualized.

<sup>(e)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Does not include in-kind transactions.

172 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data |
| | | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | |
| Total<br> Return<sup>(b)</sup> | Net Assets,<br>End of<br>Period (000) | Gross<br>Expenses | Net<br>Expenses | Net<br>Investment<br>Income (Loss) | Portfolio<br>Turnover<br>Rate |
| 0.71% | $16136 | 0.52%<sup>(d)</sup> | 0.52%<sup>(d)</sup> | 1.77%<sup>(d)</sup> | 6% |
| 22.88 | 16860 | 0.49 | 0.49 | 2.22 | 5 |
| 10.20 | 16665 | 0.49 | 0.49 | 2.31 | 14 |
| (31.19) | 16002 | 0.53 | 0.50 | 2.51 | 7 |
| 15.32 | 23317 | 0.56 | 0.56 | 1.65 | 33 <sup>(e)</sup> |
| 8.07 | 15221 | 0.57 | 0.57 | 1.73 | 36 |
| 0.82 | 4593 | 0.24 <sup>(d)</sup> | 0.24 <sup>(d)</sup> | 2.02 <sup>(d)</sup> | 6 |
| 23.14 | 4876 | 0.29 | 0.29 | 2.45 | 5 |
| 10.32 | 4602 | 0.29 | 0.29 | 2.37 | 14 |
| (31.08) | 6895 | 0.33 | 0.33 | 3.01 | 7 |
| 15.61 | 4300 | 0.32 | 0.32 | 1.77 | 33 <sup>(e)</sup> |
| 8.28 | 2449 | 0.34 | 0.34 | 1.62 | 36 |
| 0.77 | 8316 | 0.31 <sup>(d)</sup> | 0.31 <sup>(d)</sup> | 1.98 <sup>(d)</sup> | 6 |
| 23.22 | 8173 | 0.31 | 0.31 | 2.45 | 5 |
| 10.39 | 8771 | 0.31 | 0.31 | 2.43 | 14 |
| (31.06) | 22113 | 0.34 | 0.34 | 2.74 | 7 |
| 15.58 | 28510 | 0.33 | 0.33 | 1.80 | 33 <sup>(e)</sup> |
| 8.21 | 25218 | 0.35 | 0.35 | 1.90 | 36 |
| 0.79 | 1396773 | 0.16 <sup>(d)</sup> | 0.16 <sup>(d)</sup> | 2.14 <sup>(d)</sup> | 6 |
| 23.43 | 1346384 | 0.16 | 0.16 | 2.58 | 5 |
| 10.52 | 1053054 | 0.16 | 0.16 | 2.63 | 14 |
| (30.98) | 1010505 | 0.19 | 0.19 | 2.91 | 7 |
| 15.77 | 1165241 | 0.18 | 0.18 | 1.96 | 33 <sup>(e)</sup> |
| 8.43 | 921818 | 0.20 | 0.20 | 2.13 | 36 |
| 0.74 | 846656 | 0.41 <sup>(d)</sup> | 0.41 <sup>(d)</sup> | 1.89 <sup>(d)</sup> | 6 |
| 23.07 | 800393 | 0.41 | 0.41 | 2.34 | 5 |
| 10.19 | 562249 | 0.41 | 0.41 | 2.41 | 14 |
| (31.12) | 438986 | 0.44 | 0.44 | 2.64 | 7 |
| 15.55 | 556244 | 0.43 | 0.43 | 1.74 | 33 <sup>(e)</sup> |
| 8.06 | 428964 | 0.45 | 0.45 | 1.89 | 36 |
| 0.92 | 4889319 | 0.16 <sup>(d)</sup> | 0.00 <sup>(d)</sup> | 2.28 <sup>(d)</sup> | 6 |
| 23.54 | 4865035 | 0.16 | 0.00 | 2.75 | 5 |
| 10.69 | 3571788 | 0.16 | 0.00 | 2.82 | 14 |
| (30.81) | 3053793 | 0.19 | 0.00 | 3.07 | 7 |
| 16.00 | 3377750 | 0.18 | 0.00 | 2.17 | 33 <sup>(e)</sup> |
| 8.60 | 2131058 | 0.20 | 0.01 | 2.37 | 36 |

---

See Notes to Financial Statements 173

------

The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>Investment Operations | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>Less Distributions | |
| | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>Net Asset<br>Value,<br>Beginning<br>of Period | Net<br>Investment<br>Income<br>(Loss)<sup>(a)</sup> | From Net<br>Realized<br>Gains | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br>Net Asset<br>Value,<br> End of<br> Period |
|  International Equity Index | International Equity Index |  |  |  |
|  Class I: |  |  |  |  |
|  4/30/25<sup>(c)</sup> | $23.35 | $0.34) | $—) | $24.71 |
|  10/31/24 | 19.71 | 0.52) | —) | 23.35 |
|  10/31/23 | 17.56 | 0.72) | —) | 19.71 |
|  10/31/22 | 23.51 | 0.61) | —) | 17.56 |
|  10/31/21 | 17.90 | 0.59) | —) | 23.51 |
|  10/31/20 | 19.75 | 0.43) | —) | 17.90 |
|  Premier Class: |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 23.32 | 0.34) | —) | 24.68 |
|  10/31/24 | 19.70 | 0.66) | —) | 23.32 |
|  10/31/23 | 17.55 | 0.61) | —) | 19.70 |
|  10/31/22 | 23.48 | 0.59) | —) | 17.55 |
|  10/31/21 | 17.87 | 0.58) | —) | 23.48 |
|  10/31/20 | 19.71 | 0.42) | —) | 17.87 |
|  Class R6: |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 23.39 | 0.36) | —) | 24.73 |
|  10/31/24 | 19.75 | 0.68) | —) | 23.39 |
|  10/31/23 | 17.60 | 0.64) | —) | 19.75 |
|  10/31/22 | 23.56 | 0.64) | —) | 17.60 |
|  10/31/21 | 17.93 | 0.61) | —) | 23.56 |
|  10/31/20 | 19.77 | 0.45) | —) | 17.93 |
|  Retirement Class: |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 23.95 | 0.34) | —) | 25.37 |
|  10/31/24 | 20.22 | 0.64) | —) | 23.95 |
|  10/31/23 | 18.00 | 0.60) | —) | 20.22 |
|  10/31/22 | 24.08 | 0.60) | —) | 18.00 |
|  10/31/21 | 18.32 | 0.57) | —) | 24.08 |
|  10/31/20 | 20.20 | 0.41) | —) | 18.32 |
|  Class W: |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 23.40 | 0.36) | —) | 24.74 |
|  10/31/24 | 19.77 | 0.70) | —) | 23.40 |
|  10/31/23 | 17.61 | 0.65) | —) | 19.77 |
|  10/31/22 | 23.57 | 0.65) | —) | 17.61 |
|  10/31/21 | 17.94 | 0.63) | —) | 23.57 |
|  10/31/20 | 19.78 | 0.46) | —) | 17.94 |

---

<sup>(a)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on average shares outstanding.

<sup>(b)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total returns are not annualized. 

<sup>(c)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unaudited

<sup>(d)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annualized.

<sup>(e)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Does not include in-kind transactions.

174 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data |
| | | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | |
| Total<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Return<sup>(b)</sup> | Net Assets,<br> End of<br>Period (000) | Gross<br>Expenses | Net<br>Expenses | Net<br>Investment<br>Income (Loss) | Portfolio<br>Turnover<br>Rate |
| 8.88% | $188194 | 0.18%<sup>(d)</sup> | 0.18%<sup>(d)</sup> | 2.97%<sup>(d)</sup> | 6% |
| 22.13 | 188362 | 0.18 | 0.18 | 2.31 | 4 |
| 15.24 | 474257 | 0.19 | 0.19 | 3.45 | 8 <sup>(e)</sup> |
| (23.10) | 135488 | 0.17 | 0.17 | 3.03 | 5 |
| 33.86 | 156717 | 0.17 | 0.17 | 2.65 | 5 <sup>(e)</sup> |
| (6.58) | 111950 | 0.17 | 0.17 | 2.32 | 4 |
| 8.88 | 162380 | 0.20 <sup>(d)</sup> | 0.20 <sup>(d)</sup> | 2.95 <sup>(d)</sup> | 6 |
| 22.07 | 156581 | 0.20 | 0.20 | 2.90 | 4 |
| 15.21 | 133705 | 0.20 | 0.20 | 3.00 | 8 <sup>(e)</sup> |
| (23.10) | 138009 | 0.20 | 0.20 | 2.91 | 5 |
| 33.87 | 235696 | 0.20 | 0.20 | 2.60 | 5 <sup>(e)</sup> |
| (6.61) | 201339 | 0.20 | 0.20 | 2.26 | 4 |
| 8.94 | 16296753 | 0.05 <sup>(d)</sup> | 0.05 <sup>(d)</sup> | 3.15 <sup>(d)</sup> | 6 |
| 22.31 | 14941627 | 0.05 | 0.05 | 2.99 | 4 |
| 15.34 | 10116149 | 0.05 | 0.05 | 3.11 | 8 <sup>(e)</sup> |
| (23.00) | 8366604 | 0.05 | 0.05 | 3.14 | 5 |
| 34.05 | 9784831 | 0.05 | 0.05 | 2.72 | 5 <sup>(e)</sup> |
| (6.45) | 7675874 | 0.05 | 0.05 | 2.46 | 4 |
| 8.81 | 1860276 | 0.30 <sup>(d)</sup> | 0.30 <sup>(d)</sup> | 2.92 <sup>(d)</sup> | 6 |
| 21.94 | 1649021 | 0.30 | 0.30 | 2.74 | 4 |
| 15.09 | 1199275 | 0.30 | 0.30 | 2.86 | 8 <sup>(e)</sup> |
| (23.20) | 1025583 | 0.30 | 0.30 | 2.86 | 5 |
| 33.74 | 1409903 | 0.30 | 0.30 | 2.50 | 5 <sup>(e)</sup> |
| (6.73) | 1140317 | 0.30 | 0.30 | 2.20 | 4 |
| 8.99 | 10888221 | 0.05 <sup>(d)</sup> | 0.00 <sup>(d)</sup> | 3.17 <sup>(d)</sup> | 6 |
| 22.30 | 10229776 | 0.05 | 0.00 | 3.05 | 4 |
| 15.45 | 8094126 | 0.05 | 0.00 | 3.15 | 8 <sup>(e)</sup> |
| (22.96) | 7066985 | 0.05 | 0.00 | 3.21 | 5 |
| 34.09 | 7359293 | 0.05 | 0.00 | 2.80 | 5 <sup>(e)</sup> |
| (6.40) | 4288389 | 0.05 | 0.00 | 2.53 | 4 |

---

See Notes to Financial Statements 175

------

## Notes to Financial Statements
(Unaudited)

1. General Information

Trust and Fund Information: TIAA-CREF Funds (the "Trust") is an open-end management investment company registered under the Investment Company Act of 1940, ("1940 Act"), as amended. The Trust is comprised of the following (collectively the "Funds" or individually, the "Fund"), among others:

---

| | |
|:---|:---|
| Fund Name | Short Name |
| Nuveen Equity Index Fund | Equity Index |
| Nuveen Large Cap Growth Index Fund | Large Cap Growth Index |
| Nuveen Large Cap Value Index Fund | Large Cap Value Index |
| Nuveen S&P 500 Index Fund | S&P 500 Index |
| Nuveen Small Cap Blend Index Fund | Small Cap Blend Index |
| Nuveen Emerging Markets Equity Index Fund | Emerging Market Equity Index |
| Nuveen International Equity Index Fund | International Equity Index |

---

Current Fiscal Period: The end of the reporting period for the Funds is April 30, 2025, and the period covered by these Notes to Financial Statements is the six months ended April 30, 2025 (the "current fiscal period").

Investment Adviser: Teachers Advisors, LLC (the "Adviser"), a wholly owned indirect subsidiary of Teachers Insurance and Annuity Association of America ("TIAA"), is registered with the Securities and Exchange Commission ("SEC") as an investment adviser and provides investment management services for the Funds.

Share Classes and Sales Charges: The Funds offer up to six share classes, although any one Fund may not necessarily offer all six classes. The Funds may offer Class A, Class I, Premier Class, Class R6, Retirement Class and Class W shares. Each class differs by the allocation of class-specific expenses and voting rights in matters affecting a single class. The Funds offer their shares through their principal underwriter, Nuveen Securities, LLC ("Nuveen Securities"), which is a wholly owned indirect subsidiary of TIAA.

Class A Shares are generally sold with an up-front sales charge. Class A Share purchases of $1 million or more with respect to the Equity Index and Emerging Market Equity Index are sold at net asset value ("NAV") without an up-front sales charge but may be subject to a contingent deferred sales charge ("CDSC") of 1% if redeemed within eighteen months of purchase. Class I, Premier Class, Class R6, Retirement Class and Class W shares are sold without an up-front sales charge.

2. Significant Accounting Policies

The accompanying financial statements were prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"), which may require the use of estimates made by management and the evaluation of subsequent events. Actual results may differ from those estimates. The Funds are investment companies and follow the accounting guidance in the Financial Accounting Standards Board ("FASB") Accounting Standards Codification 946, *Financial Services—Investment Companies*. The NAV for financial reporting purposes may differ from the NAV for processing transactions. The NAV for financial reporting purposes includes security and shareholder transactions through the date of the report. Total return is computed based on the NAV used for processing transactions. The following is a summary of the significant accounting policies consistently followed by the Funds.

Compensation: The Funds pay the members of the Board of Trustees ("Board") all of whom are independent, certain remuneration for their services, plus travel and other expenses. The Board has adopted a deferred compensation plan for independent trustees that enables trustees to elect to defer receipt of all or a portion of the annual compensation they are entitled to receive from certain Nuveen-advised funds. Under the plan, deferred amounts are treated as though equal dollar amounts had been invested in shares of select Nuveen-advised funds. Amounts deferred are retained by the Funds until paid. Amounts payable to the trustees for compensation are included separately in the accompanying Statement of Assets and Liabilities. Trustees' fees, including any deferred compensation incurred, are reflected in the Statement of Operations.

Distributions to Shareholders: Distributions to shareholders are recorded on the ex-dividend date. The amount, character and timing of distributions are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP.

Foreign Currency Transactions and Translation: The books and records of the Funds are maintained in U.S. dollars. Assets, including investments, and liabilities denominated in foreign currencies are translated into U.S. dollars at the end of each day. Purchases and sales of securities, income, and expenses are translated into U.S. dollars at the prevailing exchange rate on the respective dates of the transactions.

176.0 ------

Net realized foreign currency gains and losses resulting from changes in exchange rates associated with (i) foreign currency, (ii) investments and (iii) derivatives include foreign currency gains and losses between trade date and settlement date of the transactions, foreign currency transactions, and the difference between the amounts of interest and dividends recorded on the books of the Funds and the amounts actually received and are recognized as a component of "Net realized gain (loss) from foreign currency transactions" on the Statement of Operations, when applicable.

The unrealized gains and losses resulting from changes in foreign currency exchange rates and changes in foreign exchange rates associated with (i) investments and (ii) other assets and liabilities are recognized as a component of "Change in unrealized appreciation (depreciation) of foreign currency translations" on the Statement of Operations, when applicable. The unrealized gains and losses resulting from changes in foreign exchange rates associated with investments in derivatives are recognized as a component of the respective derivative's related "Change in unrealized appreciation (depreciation)" on the Statement of Operations, when applicable.

Foreign Taxes: The Funds may be subject to foreign taxes on income, gains on investments or currency repatriation, a portion of which may be recoverable. The Funds will accrue such taxes and recoveries as applicable, based upon the current interpretation of tax rules and regulations that exist in the markets in which the Funds invest.

Indemnification: Under the Trust's organizational documents, its officers and trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust. In addition, in the normal course of business, the Trust enters into contracts that provide general indemnifications to other parties. The Trust's maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Trust that have not yet occurred. However, the Trust has not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

Investments and Investment Income: Securities transactions are accounted for as of the trade date for financial reporting purposes. Interest income is recorded on an accrual basis and includes accretion of discounts and amortization of premiums. Dividend income is recorded on the ex-dividend date. Foreign dividend income is recorded on the ex-dividend date or as soon as possible after the Funds determine the existence of a dividend declaration. Securities lending income is comprised of fees earned from borrowers and income earned on cash collateral investments. Realized gains and losses on securities transactions are based upon the specific identification method. Distributions received on securities that represent a return of capital or capital gains are recorded as a reduction of cost of investments and/or as a realized gain. The Funds estimate the components of distributions received that may be considered return of capital distributions or capital gain distributions.

Multiclass Operations and Allocations: Income, expenses, realized gains and losses and unrealized appreciation and depreciation of a Fund are allocated on a pro rata basis to each class of shares, except for service agreement fees, distribution fees and transfer agency fees and expenses, which are unique to each class of shares. Most expenses of the Trust can be directly attributed to a Fund. Expenses that cannot be directly attributed are allocated to each Fund in the Trust based upon the average net assets of each Fund.

Netting Agreements: In the ordinary course of business, the Funds may enter into transactions subject to enforceable master repurchase agreements, International Swaps and Derivatives Association, Inc. (ISDA) master agreements or other similar arrangements ("netting agreements"). Generally, the right to offset in netting agreements allows each Fund to offset certain securities and derivatives with a specific counterparty, when applicable, as well as any collateral received or delivered to that counterparty based on the terms of the agreements. Generally, each Fund manages its cash collateral and securities collateral on a counterparty basis. With respect to certain counterparties, in accordance with the terms of the netting agreements, collateral posted to the Funds is held in a segregated account by the Funds' custodian and/or with respect to those amounts which can be sold or repledged, are presented in the Funds' Portfolio of Investments or Statement of Assets and Liabilities.

The Funds' investments subject to netting agreements as of the end of the reporting period, if any, are further described later in these Notes to Financial Statements.

Segment Reporting: In November 2023, the FASB issued Accounting Standard Update ("ASU") No. 2023-07, Segment Reporting (Topic 280) Improvements to Reportable Segment Disclosures ("ASU 2023-07"). The amendments in ASU 2023-07 improve reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. ASU 2023-07 also requires a public entity that has a single reportable segment to provide all the disclosures required by the amendments in ASU 2023-07 and all existing segment disclosures in Topic 280. The amendments in ASU 2023-07 are effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. The Funds adopted ASU 2023-07 during the current reporting period. Adoption of the new standard impacted financial statement disclosures only and did not affect the Funds' financial positions or the results of their operations.

177.0 ------

## Notes to Financial Statements (continued)
The officers of the Funds act as the chief operating decision maker ("CODM"). Each Fund represents a single operating segment. The CODM monitors the operating results of each Fund as a whole and is responsible for each Fund's long-term strategic asset allocation in accordance with the terms of its prospectus, based on a defined investment strategy which is executed by the Fund's portfolio managers as a team. The financial information in the form of the Fund's portfolio composition, total returns, expense ratios and changes in net assets (i.e., changes in net assets resulting from operations, subscriptions and redemptions), which are used by the CODM to assess the segment's performance versus the Fund's comparative benchmarks and to make resource allocation decisions for the Fund's single segment, is consistent with that presented within the Fund's financial statements. Segment assets are reflected on the Statement of Assets and Liabilities as "total assets" and significant segment revenues and expenses are listed on the Statement of Operations.

New Accounting Pronouncement: In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740) Improvements to Income tax disclosures ("ASU 2023-09"). The primary purpose of the amendments within ASU 2023-09 is to enhance the transparency and decision usefulness of income tax disclosures primarily related to the rate reconciliation table and income taxes paid information. The amendments in ASU 2023-09 are effective for annual periods beginning after December 15, 2024. Management is currently evaluating the implications of these changes on the financial statements.

3. Investment Valuation and Fair Value Measurements

The Funds' investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Adviser, subject to the oversight of the Board. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy that is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management's assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.

• Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.

• Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).

• Level 3 – Prices are determined using significant unobservable inputs (including management's assumptions in determining the fair value of investments).

A description of the valuation techniques applied to the Funds' major classifications of assets and liabilities measured at fair value follows:

Prices of fixed-income securities are provided by pricing services approved by the Adviser, which is subject to review by the Adviser and oversight of the Board. Pricing services establish a security's fair value using methods that may include consideration of the following: yields or prices of investments of comparable quality, type of issue, coupon, maturity and rating, market quotes or indications of value from security dealers, evaluations of anticipated cash flows or collateral, general market conditions and other information and analysis, including the obligor's credit characteristics considered relevant. In pricing certain securities, particularly less liquid and lower quality securities, pricing services may consider information about a security, its issuer or market activity provided by the Adviser. These securities are generally classified as Level 2.

Equity securities and exchange-traded funds listed or traded on a national market or exchange are valued based on their last reported sales price or official closing price of such market or exchange on the valuation date. Foreign equity securities and registered investment companies that trade on a foreign exchange are valued at the last reported sales price or official closing price on the principal exchange where traded, and converted to U.S. dollars at the prevailing rates of exchange on the valuation date. For events affecting the value of foreign securities between the time when the exchange on which they are traded closes and the time when the Funds' net assets are calculated, such securities will be valued at fair value in accordance with procedures adopted by the Adviser, subject to the oversight of the Board. To the extent these securities are actively traded and no valuation adjustments are applied, they are generally classified as Level 1. When valuation adjustments are applied to the most recent last sales price or official closing price, these securities are generally classified as Level 2.

Investments in investment companies are valued at their respective NAVs or share price on the valuation date and are generally classified as Level 1.

Repurchase agreements are valued at contract amount plus accrued interest, which approximates market value. These securities are generally classified as Level 2.

Futures contracts are valued using the closing settlement price or, in the absence of such a price, the last traded price and are generally classified as Level 1.

178.0 ------

For any portfolio security or derivative for which market quotations are not readily available or for which the Adviser deems the valuations derived using the valuation procedures described above not to reflect fair value, the Adviser will determine a fair value in good faith using alternative procedures approved by the Adviser, subject to the oversight of the Board. As a general principle, the fair value of a security is the amount that the owner might reasonably expect to receive for it in a current sale. A variety of factors may be considered in determining the fair value of such securities, which may include consideration of the following: yields or prices of investments of comparable quality, type of issue, coupon, maturity and rating, market quotes or indications of value from security dealers, evaluations of anticipated cash flows or collateral, general market conditions and other information and analysis, including the obligor's credit characteristics considered relevant. To the extent the inputs are observable and timely, the values would be classified as Level 2; otherwise they would be classified as Level 3.

The following table summarizes the market value of the Funds' investments as of the end of the current fiscal period, based on the inputs used to value them:

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| | | | | |
|:---|:---|:---|:---|:---|
| Fund | Level 1 | Level 2 | Level 3 | Total |
|  Equity Index |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common stocks | $47315703221 | $— | $38293 | $47315741514 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rights/Warrants |  |  | 75790 | 75790 |
|  Investments purchased with collateral from securities lending | 108540926 |  |  | 108540926 |
|  Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government agency debt |  | 188941278 |  | 188941278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repurchase agreement |  | 217771000 |  | 217771000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Treasury debt |  | 53420961 |  | 53420961 |
|  Investments in Derivatives: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures contracts\* | 12067999 |  |  | 12067999 |
|  Total | $47436312146 | $460133239 | $114083 | $47896559468 |
|  <br> Large Cap Growth Index |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common stocks | $14442243329 | $— | $— | $14442243329 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment companies | 83182837 |  |  | 83182837 |
|  Investments purchased with collateral from securities lending | 19360114 |  |  | 19360114 |
|  Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repurchase agreement |  | 8372000 |  | 8372000 |
|  Total | $14544786280 | $8372000 | $— | $14553158280 |
|  <br> Large Cap Value Index |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common stocks | $10213755843 | $— | $432 | $10213756275 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investment companies | 71999931 |  |  | 71999931 |
|  Investments purchased with collateral from securities lending | 10815218 |  |  | 10815218 |
|  Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repurchase agreement |  | 2331000 |  | 2331000 |
|  Total | $10296570992 | $2331000 | $432 | $10298902424 |
|  <br> S&P 500 Index |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common stocks | $10098588978 | $— | $— | $10098588978 |
|  Investments purchased with collateral from securities lending | 204 |  |  | 204 |
|  Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government agency debt |  | 26389085 |  | 26389085 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repurchase agreement |  | 109711000 |  | 109711000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Treasury debt |  | 4987625 |  | 4987625 |
|  Investments in Derivatives: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures contracts\* | 4311007 |  |  | 4311007 |
|  Total | $10102900189 | $141087710 | $— | $10243987899 |
|  <br> Small Cap Blend Index |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common stocks | $2938491016 | $— | $59478 | $2938550494 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rights/Warrants |  |  | 41140 | 41140 |
|  Investments purchased with collateral from securities lending | 72626793 |  |  | 72626793 |
|  Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repurchase agreement |  | 16720000 |  | 16720000 |
|  Investments in Derivatives: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures contracts\* | 855380 |  |  | 855380 |
|  Total | $3011973189 | $16720000 | $100618 | $3028793807 |

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179.0 ------

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Fund | Level 1 | Level 2 | Level 3 |  | Total |
|  Emerging Markets Equity Index |  |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common stocks | $816851614 | $6324364751 | $2456008 |  | $7143672373 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rights/Warrants |  | 171828 | 21 |  | 171849 |
|  Investments purchased with collateral from securities lending | 15433464 |  |  |  | 15433464 |
|  Short-Term Investments: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government agency debt |  | 14953588 |  |  | 14953588 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repurchase agreement |  | 107185000 |  |  | 107185000 |
|  Investments in Derivatives: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures contracts\* | 963644 |  |  |  | 963644 |
|  Total | $833248722 | $6446675167 | $2456029 |  | $7282379918 |
|  <br> International Equity Index |  |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common stocks | $508481844 | $28334608511 | $— | \*\* | $28843090355 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rights/Warrants | 48713 |  |  |  | 48713 |
|  Investments purchased with collateral from securities lending | 298921571 |  |  |  | 298921571 |
|  Short-Term Investments: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government agency debt |  | 85562575 |  |  | 85562575 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repurchase agreement |  | 295168000 |  |  | 295168000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Treasury debt |  | 9961330 |  |  | 9961330 |
|  Investments in Derivatives: |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Futures contracts\* | 2702848 |  |  |  | 2702848 |
|  Total | $810154976 | $28725300416 | $— |  | $29535455392 |

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\* Represents net unrealized appreciation (depreciation).

\*\* Value equals zero as of the end of the reporting period.

4. Portfolio Securities

Repurchase Agreements: In connection with transactions in repurchase agreements, it is the Fund's policy that its custodian take possession of the underlying collateral securities, the fair value of which exceeds the principal amount of the repurchase transaction, including accrued interest, at all times. If the counterparty defaults, and the fair value of the collateral declines, realization of the collateral may be delayed or limited.

The following table presents the repurchase agreements for the Funds that are subject to netting agreements as of the end of the reporting period, and the collateral delivered related to those repurchase agreements:

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| | | | |
|:---|:---|:---|:---|
| Fund | Counterparty | Short-term Investments,<br> at Value | Collateral Pledged<br> (From) Counterparty |
|  Equity Index | Bank of New York Mellon Corp | $200000000 | $(204000000) |
|  Equity Index | Bank of New York Mellon Corp | 17771000 | (18126491) |
|  Large Cap Growth Index | Bank of New York Mellon Corp | 8372000 | (8539456) |
|  Large Cap Value Index | Bank of New York Mellon Corp | 2331000 | (2377623) |
|  S&P 500 Index | Bank of New York Mellon Corp | 109711000 | (111905306) |
|  Small Cap Blend Index | Bank of New York Mellon Corp | 16720000 | (17054408) |
|  Emerging Markets Equity Index | Bank of New York Mellon Corp | 107185000 | (109328740) |
|  International Equity Index | Bank of New York Mellon Corp | 275000000 | (280500000) |
|  International Equity Index | Bank of New York Mellon Corp | 20168000 | (20571367) |

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Securities Lending: Certain Funds may lend their securities to qualified institutional borrowers to earn additional income. A Fund receives cash collateral and non-cash collateral (in the form of Treasury securities or other collateral permitted by applicable law) against the loaned securities and maintains collateral in an amount not less than 100% of the market value of loaned securities during the period of the loan; any additional collateral required due to changes in security values is delivered to the Fund the next business day. Cash collateral received by the Fund will generally be invested in high-quality short-term instruments or in one or more funds maintained by the securities lending agent ("Agent") for the purpose of investing cash collateral.

The value of the loaned securities and the liability to return the cash collateral received are reflected in the Statement of Assets and Liabilities. Non-cash collateral is not disclosed in the Funds' Statement of Assets and Liabilities as it is held by the Agent or by a third-party bank engaged by the Agent as a special "tri-party" custodian on behalf of the Funds, and the Funds do not have the ability to sell or re-hypothecate those securities.

180.0 ------

As of the end of the current fiscal period, securities lending transactions are for equity and fixed income securities, and the resulting loans are continuous, can be recalled at any time, and have no set maturity. Securities lending income recognized by the Funds consists of earnings on invested collateral and lending fees, net of any rebates to the borrower and compensation to the Agent. Such income is reflected separately in the Statement of Operations. In lending its securities, a Fund bears the market risk with respect to the investment of collateral and the risk that the Agent may default on its contractual obligations to the Fund. The Agent bears the risk that the borrower may default on its obligation to return the loaned securities as the Agent is contractually obligated to indemnify the Fund if at the time of a default by a borrower some or all of the loan securities have not been returned.

As of the end of the current fiscal period, the total value of securities on loan and the total value of collateral received were as follows:

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| | | | | |
|:---|:---|:---|:---|:---|
|  | Aggregate Value of <br> Securities on Loan  | | | |
| Fund | Equity<br> Securities | Cash Collateral<br>Received\* | Non-Cash Collateral<br>Received\*\* | Total Collateral<br>Received |
|  Equity Index | $166552352 | $108540926 | $63979574 | $172520500 |
|  Large Cap Growth Index | 26986739 | 19360114 | 9155585 | 28515699 |
|  Large Cap Value Index | 39896980 | 10815218 | 30241948 | 41057166 |
|  S&P 500 Index | 3495934 | 204 | 4036190 | 4036394 |
|  Small Cap Blend Index | 109328255 | 72626793 | 40238555 | 112865348 |
|  Emerging Markets Equity Index | 65067098 | 15433464 | 54637194 | 70070658 |
|  International Equity Index | 623020977 | 298921571 | 360226474 | 659148045 |

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\*May include cash and investment of cash collateral.

\*\*As of the end of the current fiscal period, the non-cash collateral received by the Funds was comprised of U.S. Treasury securities.

Purchases and Sales: Long-term purchases and sales during the current fiscal period were as follows:

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| | | |
|:---|:---|:---|
| Fund | Non-U.S. Government<br>Purchases | Non-U.S. Government<br>Sales |
|  Equity Index | $3150384991 | $1992388029 |
|  Large Cap Growth Index | 1145587169 | 1418724842 |
|  Large Cap Value Index | 754748677 | 1031982969 |
|  S&P 500 Index | 219474036 | 527208461 |
|  Small Cap Blend Index | 75602246 | 274077174 |
|  Emerging Markets Equity Index | 617788704 | 397691523 |
|  International Equity Index | 1741069117 | 1535999147 |

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The Funds may purchase securities on a when-issued or delayed-delivery basis. Securities purchased on a when-issued or delayed- delivery basis may have extended settlement periods; interest income is not accrued until settlement date. Any securities so purchased are subject to market fluctuation during this period. If the Funds have outstanding when-issued/delayed-delivery purchases commitments as of the end of the reporting period, such amounts are recognized on the Statement of Assets and Liabilities.

5. Derivative Investments

Each Fund is authorized to invest in certain derivative instruments. As defined by U.S. GAAP, a derivative is a financial instrument whose value is derived from an underlying security price, foreign exchange rate, interest rate, index of prices or rates, or other variables. Investments in derivatives as of the end of and/or during the current fiscal period, if any, are included within the Statement of Assets and Liabilities and the Statement of Operations, respectively.

Futures Contracts: Certain Funds are subject to equity price and interest rate risk in the normal course of pursuing their investment objectives. During the current fiscal period, the Funds listed below used equity index futures to equitize cash in their portfolios. A futures contract is an agreement between two parties to buy and sell a financial instrument for a set price on a future date. Upon execution of a futures contract, the Fund is obligated to deposit cash or eligible securities, also known as "initial margin," into an account at its clearing broker equal to a specified percentage of the contract amount. Securities deposited for initial margin, if any, are identified in the Portfolio of Investments and cash deposited for initial margin, if any, is reflected on the Statement of Assets and Liabilities.

During the period the futures contract is open, changes in the market value of the contract are recognized as an unrealized gain or loss by "marking-to-market" on a daily basis. The Fund and the clearing broker are obligated to settle monies on a daily basis representing the changes in the value of the contracts. These daily cash settlements are known as "variation margin" which are recognized on the Statement of Assets and Liabilities as a receivable or payable for variation margin on futures contracts. When the contract is closed or expired, the Fund records a realized gain or loss equal to the difference between the value of the contract on the closing date and value of the contract when originally entered into. The net realized gain or loss and the change in unrealized appreciation (depreciation) on futures contracts held during the period is included on the Statement of Operations.

181.0 ------

Risks of investments in futures contracts include the possible adverse movement in the price of the securities or indices underlying the contracts, the possibility that there may not be a liquid secondary market for the contracts and/or that a change in the value of the contract may not correlate with a change in the value of the underlying securities or indices.

The average notional amount of futures contracts outstanding during the current fiscal period was as follows:

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| | |
|:---|:---|
| Fund | Average Notional Amount of Futures Contracts Outstanding\* |
|  Equity Index | $296994696  |
|  S&P 500 Index | 105927864  |
|  Small Cap Blend Index | 17617421  |
|  Emerging Markets Equity Index | 108301361  |
|  International Equity Index | 448095273  |

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\* The average notional amount is calculated based on the absolute aggregate notional amount of contracts outstanding at the beginning of the current fiscal period and at the end of each fiscal quarter within the current fiscal period. 

As of the end of the reporting period, the following Funds have invested in derivative contracts which are reflected in the Statement of Assets and Liabilities as follows:

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |  | Asset Derivatives | Asset Derivatives | Liability Derivatives | Liability Derivatives |
| Derivative Instrument | Risk Exposure  | Location | Value | Location  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Value |
|  Equity Index |  |  |  |  |  |
|  Futures contracts | Equity | Unrealized appreciation on futures contracts<sup>\*</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$12067999 | - | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$– |
|  S&P 500 Index |  |  |  |  |  |
|  Futures contracts | Equity | Unrealized appreciation on futures contracts<sup>\*</sup> | 4311007 | - | – |
|  Small Cap Blend Index |  |  |  |  |  |
|  Futures contracts | Equity | Unrealized appreciation on futures contracts<sup>\*</sup> | 855380 | - | – |
|  Emerging Markets Equity Index |  |  |  |  |  |
|  Futures contracts | Equity | Unrealized appreciation on futures contracts<sup>\*</sup> | 963644 | - | – |
|  International Equity Index |  |  |  |  |  |
|  Futures contracts | Equity | Unrealized appreciation on futures contracts<sup>\*</sup> | 2702848 | - | – |

---

\* Value represents the cumulative unrealized appreciation (depreciation) of cleared derivative contracts as reported in the Fund's Portfolio of investments. The Statement of Assets and Liabilities only reflects the current day variation margin receivable/payable from/to brokers on open cleared derivative contracts. 

During the current fiscal period, the effect of derivative contracts on the Funds' Statement of Operations was as follows:

---

| | | | |
|:---|:---|:---|:---|
| Derivative Instrument | Risk Exposure | Net Realized Gain<br>(Loss) | Change in Unrealized<br>Appreciation<br>(Depreciation) |
|  Equity Index |  |  |  |
|  Futures contracts | Equity | $(57590777) | $14070689 |
|  S&P 500 Index |  |  |  |
|  Futures contracts | Equity | (9444168) | 5111748 |
|  Small Cap Blend Index |  |  |  |
|  Futures contracts | Equity | (8529148) | 1153265 |
|  Emerging Markets Equity Index |  |  |  |
|  Futures contracts | Equity | (4463526) | 3270096 |
|  International Equity Index |  |  |  |
|  Futures contracts | Equity | 20188388 | 8567415 |

---

182.0 ------

6. Fund Shares

Transactions in Fund shares during the current and prior fiscal period were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Six Months Ended<br> 4/30/25 | Six Months Ended<br> 4/30/25 | Year Ended<br> 10/31/24 | Year Ended<br> 10/31/24 |
| Equity Index | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 584533 | $24343774  | 1468447 | $54010503  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 5291 | 211092  | 98009 | 3624639  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 95106 | 3734405  | 165795 | 6159773  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 26706446 | 1078146295  | 28419123 | 1014766184  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 619182 | 25642579  | 903734 | 33097145  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 75163038 | 3029307231  | 60639668 | 2194123323  |
|  Total subscriptions | 103173596 | 4161385376  | 91694776 | 3305781567  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 503612 | 21937338  | 500800 | 16526395  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 3238 | 138349  | 5692 | 184260  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 14683 | 625790  | 17470 | 564109  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 6391694 | 272861408  | 6317211 | 204298604  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 264765 | 11496075  | 271550 | 8931283  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 10986524 | 469124577  | 11461423 | 370777019  |
|  Total reinvestments of distributions | 18164516 | 776183537  | 18574146 | 601281670  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (1805441) | (74963014) | (3142346) | (116959866)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (29344) | (1152018) | (275556) | (9941504)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | (112894) | (4571064) | (510955) | (18985964)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (17505192) | (722425797) | (39891968) | (1449981002)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (1670725) | (68909953) | (2278624) | (83898783)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | (51832484) | (2145631449) | (99856983) | (3636628508)  |
|  Total redemptions | (72956080) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3017653295) | (145956432) | (5316395627)  |
|  Net increase (decrease) from shareholder transactions | 48382032 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1919915618  | (35687510) | $(1409332390)  |
|  | <br> Six Months Ended<br> 4/30/25 | <br> Six Months Ended<br> 4/30/25 | Year Ended<br> 10/31/24 | Year Ended<br> 10/31/24 |
| Large Cap Growth Index | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 443627 | $28165225  | 1348520 | $74923140  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 24048850 | 1516998064  | 46600220 | 2684882701  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 1247652 | 83428487  | 2734829 | 157069602  |
|  Total subscriptions | 25740129 | 1628591776  | 50683569 | 2916875443  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 95778 | 6577070  | 73035 | 3660532  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 5594414 | 384895704  | 3376957 | 169557004  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 572919 | 39794977  | 326065 | 16528233  |
|  Total reinvestments of distributions | 6263111 | 431267751  | 3776057 | 189745769  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (554201) | (36514559) | (2074538) | (120141057)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (26960367) | (1749684662) | (47357563) | (2703412285)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (1454011) | (93075687) | (2218118) | (129614055)  |
|  Total redemptions | (28968579) | (1879274908) | (51650219) | (2953167397)  |
|  Net increase (decrease) from shareholder transactions | 3034661 | $180584619  | 2809407 | $153453815  |
|  | <br> Six Months Ended<br> 4/30/25 | <br> Six Months Ended<br> 4/30/25 | Year Ended<br> 10/31/24 | Year Ended<br> 10/31/24 |
| Large Cap Value Index | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 718938 | $18858210  | 1817612 | $43377219  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 34873907 | 897616888  | 83435239 | 2041104339  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 219385 | 5831997  | 1757670 | 42787393  |
|  Total subscriptions | 35812230 | 922307095  | 87010521 | 2127268951  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 109647 | 2958285  | 225656 | 4971211  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 8474586 | 228474850  | 13177844 | 290044357  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 1355548 | 37372471  | 2868981 | 64523389  |
|  Total reinvestments of distributions | 9939781 | 268805606  | 16272481 | 359538957  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (776306) | (20426649) | (2723876) | (65473466)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (39982045) | (1041554832) | (54940977) | (1325436782)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (7834331) | (210483897) | (10628146) | (268105354)  |
|  Total redemptions | (48592682) | (1272465378) | (68292999) | (1659015602)  |
|  Net increase (decrease) from shareholder transactions | (2840671) | $(81352677) | 34990003 | $827792306  |

---

183.0 ------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | <br> Six Months Ended<br> 4/30/25 | <br> Six Months Ended<br> 4/30/25 | Year Ended<br> 10/31/24 | Year Ended<br> 10/31/24 |
| S&P 500 Index | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 591938 | $37950427  | 896768 | $51301496  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 7675572 | 484253662  | 11800709 | 689107336  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 2775628 | 174052109  | 5363012 | 299687204  |
|  Total subscriptions | 11043138 | 696256198  | 18060489 | 1040096036  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 37009 | 2450380  | 40879 | 2049265  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 1726465 | 114481893  | 1815430 | 91152761  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 611908 | 40275761  | 596783 | 29749657  |
|  Total reinvestments of distributions | 2375382 | 157208034  | 2453092 | 122951683  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (527993) | (33713360) | (1057478) | (60254582)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (13023075) | (832231642) | (15496112) | (881118384)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (1978789) | (125770359) | (2981112) | (165533997)  |
|  Total redemptions | (15529857) | (991715361) | (19534702) | (1106906963)  |
|  Net increase (decrease) from shareholder transactions | (2111337) | $(138251129) | 978879 | $56140756  |
|  | <br> Six Months Ended<br> 4/30/25 | <br> Six Months Ended<br> 4/30/25 | Year Ended<br> 10/31/24 | Year Ended<br> 10/31/24 |
| Small Cap Blend Index | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 271045 | $6625401  | 863317 | $19243708  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 6465694 | 150777528  | 16511596 | 368817640  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 448840 | 10393454  | 1007663 | 23457661  |
|  Total subscriptions | 7185579 | 167796383  | 18382576 | 411519009  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 60459 | 1551371  | 21100 | 443303  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 6994698 | 179833692  | 3850961 | 81024223  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 1571022 | 40642345  | 874471 | 18512544  |
|  Total reinvestments of distributions | 8626179 | 222027408  | 4746532 | 99980070  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (412648) | (8714883) | (572874) | (13202285)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (14034346) | (311950690) | (21299733) | (491623508)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (2246767) | (54312811) | (5072452) | (116311422)  |
|  Total redemptions | (16693761) | (374978384) | (26945059) | (621137215)  |
|  Net increase (decrease) from shareholder transactions | (882003) | $14845407  | (3815951) | $(109638136)  |
|  | <br> Six Months Ended<br> 4/30/25 | <br> Six Months Ended<br> 4/30/25 | Year Ended<br> 10/31/24 | Year Ended<br> 10/31/24 |
| Emerging Markets Equity Index | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 587102 | $6535186  | 942786 | $10252635  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 5496 | 61398  | 127717 | 1355088  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 53354 | 592153  | 197352 | 2078810  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 9677219 | 107958120  | 14862939 | 159994476  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 4149096 | 45963331  | 10646687 | 115116605  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 52295233 | 584449121  | 88664938 | 958523617  |
|  Total subscriptions | 66767500 | 745559309  | 115442419 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1247321231  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 34935 | 386380  | 47794 | 472208  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 11048 | 122854  | 14385 | 142845  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 18654 | 206686  | 25930 | 256445  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 3352081 | 37141057  | 3556482 | 35209172  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 1870094 | 20627137  | 1783735 | 17569792  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 13341193 | 148087246  | 12749850 | 126351017  |
|  Total reinvestments of distributions | 18628005 | 206571360  | 18178176 | 180001479  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (659724) | (7369298) | (1258146) | (13631299)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (33623) | (380143) | (196003) | (2064704)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | (46005) | (517760) | (426148) | (4861063)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (6226330) | (69057954) | (10768719) | (116109090)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (556925) | (6125811) | (1157062) | (12120214)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | (54852423) | (608503104) | (49676952) | (541498241)  |
|  Total redemptions | (62375030) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(691954070) | (63483030) | (690284611)  |
|  Net increase (decrease) from shareholder transactions | 23020475 | $260176599  | 70137565 | $737038099  |

---

184.0 ------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Six Months Ended<br>4/30/25 | Six Months Ended<br>4/30/25 | Year Ended<br>10/31/24 | Year Ended<br>10/31/24 |
| International Equity Index | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 1452138 | $33599886  | 4724391 | $103492579  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 459606 | 10620195  | 1611816 | 36384051  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 48352519 | 1113170853  | 161336680 | 3761743231  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 4281407 | 101646146  | 10986979 | 261006183  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 40961324 | 946045710  | 58809490 | 1327108831  |
|  Total subscriptions | 95506994 | 2205082790  | 237469356 | 5489734875  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 232436 | 5341368  | 736710 | 15419337  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 193245 | 4434973  | 210592 | 4403485  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 18984589 | 436265853  | 16070945 | 336525588  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 1906591 | 45014620  | 1745096 | 37519557  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 14126546 | 324769297  | 13701259 | 287041379  |
|  Total reinvestments of distributions | 35443407 | 815826111  | 32464602 | 680909346  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (2135394) | (48752077) | (21456499) | (470825932)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | (787077) | (18649296) | (1896029) | (43929898)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (47195514) | (1108702130) | (50623810) | (1152485483)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (1715226) | (41355216) | (3205247) | (73082270)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | (52104120) | (1232658083) | (44872897) | (1029429097)  |
|  Total redemptions | (103937331) | (2450116802) | (122054482) | (2769752680)  |
|  Net increase (decrease) from shareholder transactions | 27013070 | $570792099  | 147879476 | $3400891541  |

---

7. Income Tax Information

Each Fund is a separate taxpayer for federal income tax purposes. Each Fund intends to distribute substantially all of its net investment income and net capital gains to shareholders and otherwise comply with the requirements of Subchapter M of the Internal Revenue Code applicable to regulated investment companies. Therefore, no federal income tax provision is required.

Each Fund files income tax returns in U.S. federal and applicable state and local jurisdictions. A Fund's federal income tax returns are generally subject to examination for a period of three fiscal years after being filed. State and local tax returns may be subject to examination for an additional period of time depending on the jurisdiction. Management has analyzed each Fund's tax positions taken for all open tax years and has concluded that no provision for income tax is required in the Fund's financial statements.

As of the end of the reporting period, the aggregate cost and the net unrealized appreciation/(depreciation) of all investments for federal income tax purposes were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| Fund | Tax Cost | Gross Unrealized<br>Appreciation | Gross Unrealized<br>(Depreciation) | Net Unrealized<br>Appreciation<br> (Depreciation) |
|  Equity Index | $21995756504 | $27498741599 | $(1597938635) | $25900802964 |
|  Large Cap Growth Index | 5158349042 | 9608730796 | (213921558) | 9394809238 |
|  Large Cap Value Index | 7158892481 | 3762829351 | (622819408) | 3140009943 |
|  S&P 500 Index | 3786707763 | 6666915548 | (209635412) | 6457280136 |
|  Small Cap Blend Index | 2414950022 | 1209838317 | (595994532) | 613843785 |
|  Emerging Markets Equity Index | 5883720210 | 2054113736 | (655454028) | 1398659708 |
|  International Equity Index | 22127448626 | 8816671095 | (1408664329) | 7408006766 |

---

For purposes of this disclosure, tax cost generally includes the cost of portfolio investments as well as up-front fees or premiums exchanged on derivatives and any amounts unrealized for income statement reporting but realized income and/or capital gains for tax reporting, if applicable.

As of prior fiscal period end, the components of accumulated earnings on a tax basis were as follows:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| Fund | Undistributed<br> Ordinary<br> Income | Undistributed<br>Long-Term<br> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Capital Gains | Unrealized<br>Appreciation<br> (Depreciation) | Capital Loss<br>Carryforwards | Late-Year<br> Loss Deferrals | Other<br>Book-to-Tax<br> Differences | Total |
|  Equity Index | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$632248628 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$14137202 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$27628698657 | $– | $– | $– | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$28275084487 |
|  Large Cap Growth Index | 124330463 | 356374226 | 9647356304 | – | – | (761946) | 10127299047 |
|  Large Cap Value Index | 178324325 | 89340355 | 3494213933 | – | – | (778977) | 3761099636 |
|  S&P 500 Index | 120022155 | 11867701 | 6769414458 | – | – | (897697) | 6900406617 |
|  Small Cap Blend Index | 56314286 | 154501384 | 977240001 | – | – | (427622) | 1187628049 |
|  Emerging Markets Equity Index | 189780183 | – | 1170555670 | (954605967) | – | (236997) | 405492889 |
|  International Equity Index | 766072064 | – | 4942415094 | (1079723594) | – | (1524989) | 4627238575 |

---

185.0 ------

As of prior fiscal period end, the Funds had capital loss carryforwards, which will not expire:

---

| | | | |
|:---|:---|:---|:---|
| Fund | Short-Term | Long-Term | Total |
|  Equity Index | $– | $– | $– |
|  Large Cap Growth Index | – | – | – |
|  Large Cap Value Index | – | – | – |
|  S&P 500 Index | – | – | – |
|  Small Cap Blend Index | – | – | – |
|  Emerging Markets Equity Index | 209930810 | 744675157 | 954605967 |
|  International Equity Index | 243075188 | 836648406 | 1079723594 |

---

8. Investment Adviser and Other Transactions with Affiliates

Under the terms of the Investment Management Agreement with respect to each Fund, the Adviser provides asset management services to the Fund for an annual fee, payable monthly. The Funds have entered into an Administrative Service Agreement with the Adviser under which the Funds pay the Adviser for its costs in providing certain administrative and compliance services to the Funds. The Adviser has agreed to gradually reduce expenses allocated to the Funds under the Administrative Services Agreement over a three-year period commencing May 1, 2024. After the expiration of this three-year period, the Adviser will no longer allocate expenses to the Funds under the Administrative Services Agreement.

Under the terms of a Retirement Class Service Agreement with respect to each Fund, the Retirement Class of the Fund incurs an annual fee of 0.25% of the daily net assets, payable monthly to the Adviser, for certain administrative costs associated with the maintenance of Retirement Class shares on retirement plan or other platforms. Substantially all of the Retirement Class shareholder servicing fees reported on the Statement of Operations are paid to the Adviser under the Service Agreement.

Nuveen Securities, which is a wholly owned indirect subsidiary of TIAA, distributes the Funds' shares. Under the terms of the distribution agreement, Nuveen Securities is not compensated. Nuveen Securities does not currently enter into agreements, or otherwise pay, other intermediaries to sell shares of the Funds. Under the terms of a distribution Rule 12b- 1 plan, Class A shares of each Fund compensates Nuveen Securities for providing distribution, promotional and/or shareholder services to Class A shares of the Fund at the annual rate of 0.25% of the average daily net assets attributable to the Fund's Class A shares. The Premier Class of each Fund is subject to a distribution Rule 12b-1 plan that compensates Nuveen Securities for providing distribution, promotional and/or shareholder services to the Premier Class of the Fund at the annual rate of 0.15% of the average daily net assets attributable to the Fund's Premier Class.

The Adviser has contractually agreed to waive and/or reimburse Class W's shares' Management fees and Other expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, acquired fund fees and expenses, trustee expenses and extraordinary expenses) in their entirety. The Adviser expects this waiver and/or reimbursement to remain in effect indefinitely, unless changed or terminated with approval of the Board. The Management fees and Other expenses of Class W shares that have been waived by the Adviser may be incurred directly or indirectly, all or in part, by investors in Class W shares.

The Adviser has agreed to reimburse each Fund if its total expense ratio (excluding interest, taxes, brokerage commissions or other transactional expenses, acquired fund fees and expenses and extraordinary expenses) exceeds certain percentages. The investment management fee and maximum expense amounts for each Fund is based on a percentage of average daily net assets according to the following rates:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Investment<br>Management Fee | Maximum Expense Amounts‡ | Maximum Expense Amounts‡ | Maximum Expense Amounts‡ | Maximum Expense Amounts‡ | Maximum Expense Amounts‡ | Maximum Expense Amounts‡ |
| Fund |  | Class A | Class I | Premier Class | Class R6 | Retirement<br>Class | Class W |
|  Equity Index | 0.040% | 0.440% | 0.240% | 0.240% | 0.090% | 0.340% | 0.090% |
|  Large Cap Growth Index | 0.040% | – | 0.240 | – | 0.090 | 0.340 | – |
|  Large Cap Value Index | 0.040% | – | 0.240 | – | 0.090 | 0.340 | – |
|  S&P 500 Index | 0.040% | – | 0.240 | – | 0.090 | 0.340 | – |
|  Small Cap Blend Index | 0.040% | – | 0.240 | – | 0.090 | 0.340 | – |
|  Emerging Markets Equity Index | 0.100% | 0.560 | 0.360 | 0.360 | 0.210 | 0.460 | 0.210 |
|  International Equity Index | 0.040% | – | 0.300 | 0.300 | 0.150 | 0.400 | 0.150 |

---

‡ Maximum expense amounts reflect all expenses excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses. The expense reimbursement arrangements will continue through at least February 28, 2026. The reimbursement arrangements can only be changed with the approval of the Board.

186.0 ------

The Funds are permitted to purchase or sell securities from or to certain other funds or accounts managed by the Adviser or by an affiliate of the Adviser (each an, "Affiliated Entity") under specified conditions outlined in procedures adopted by the Board ("cross- trade"). These procedures have been designed to ensure that any cross-trade of securities by the Fund from or to an Affiliated Entity by virtue of having a common investment adviser (or affiliated investment adviser), common officer and/or common trustee complies with Rule 17a-7 under the 1940 Act. These transactions are affected at the current market price (as provided by an independent pricing service) without incurring broker commissions. During the current fiscal period, the Funds engaged in the following security transactions with affiliated entities:

---

| | | | |
|:---|:---|:---|:---|
| Fund | Purchases | Sales | Realized Gain (Loss) |
|  Equity Index | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;434879449 | $60577129 | $15428266 |
|  Large Cap Growth Index | 204184189 | 26389266 | (849516) |
|  Large Cap Value Index | 17273108 | 65254060 | 11248946 |
|  S&P 500 Index | 4053504 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105369770 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;24994879 |
|  Small Cap Blend Index | 817531 | 1979169 | 24732 |
|  Emerging Markets Equity Index | 1664787 | 4097257 | (5290722) |
|  International Equity Index | 235312458 | 12030659 | (1166306) |

---

During the current fiscal period, the Distributor, collected sales charges on purchases of Class A Shares, the majority of which were paid out as concessions to financial intermediaries as follows:

---

| | | |
|:---|:---|:---|
| Fund | Sales Charges Collected | Paid to Financial<br>Intermediaries |
|  Equity Index | $9272 | $8108 |
|  Large Cap Growth Index |  |  |
|  Large Cap Value Index |  |  |
|  S&P 500 Index |  |  |
|  Small Cap Blend Index |  |  |
|  Emerging Markets Equity Index |  |  |
|  International Equity Index |  |  |

---

A registered separate account of TIAA (collectively "TIAA Access") has various sub-accounts that invest in the Funds, and certain funds within the Trust also make investments in the Funds.

The following is the percentage of the Funds' shares owned by TIAA Access and other funds within the Trust as of the end of the current fiscal period:

---

| | | | |
|:---|:---|:---|:---|
| Underlying Fund | Nuveen Lifecycle<br>Index Funds | TIAA Access | Total |
|  Equity Index | 60% | 1% | 61% |
|  Large Cap Growth Index | – | 5 | 5 |
|  Large Cap Value Index | – | 7 | 7 |
|  S&P 500 Index | – | 10 | 10 |
|  Small Cap Blend Index | – | 19 | 19 |
|  Emerging Markets Equity Index | 68 | 1 | 69 |
|  International Equity Index | 37 | 5 | 42 |

---

9. Emerging Markets Risks

The Emerging Markets Equity Index Fund holds a large portion of its assets in emerging market securities. Emerging market securities are often subject to greater price volatility, less liquidity and higher rates of inflation and deflation than U.S. securities. In addition, emerging markets may be subject to greater political, economic and social uncertainty, and differing regulatory environments that may potentially impact the Fund's ability to buy or sell certain securities or repatriate proceeds to U.S. dollars.

10. Inter-Fund Lending Program

Pursuant to an exemptive order issued by the SEC, the Funds may participate in an inter-fund lending program. This program allows the Funds to lend cash to and/or borrow cash from certain other affiliated Funds for temporary purposes, (e.g., to satisfy redemption requests or to cover unanticipated cash shortfalls). The program is subject to a number of conditions, including the requirement that no Fund may borrow or lend money under the program unless it receives a more favorable interest rate than is available from a bank or other financial institution for a comparable transaction. In addition, a Fund may participate in the program only if its participation is consistent with the Fund's investment policies and limitations and authorized by its portfolio manager(s). During the current fiscal period, there were no inter-fund borrowing or lending transactions.

187.0 ------

11. Line of Credit

During June 2024, the Funds along with certain funds managed by the Adviser or by an affiliate of the Adviser ("Participating Funds"), have established a 364-day, $2.700 billion standby credit facility with a group of lenders, under which the Participating Funds may borrow for temporary purposes (other than on-going leveraging for investment purposes), and replaces the previous facility. Each Participating Fund is allocated a designated proportion of the facility's capacity (and its associated costs, as described below) based upon a multi-factor assessment of the likelihood and frequency of its need to draw on the facility, the size of the Fund and its anticipated draws, and the potential importance of such draws to the operations and well-being of the Fund, relative to those of the other Funds. A Fund may effect draws on the facility in excess of its designated capacity if and to the extent that other Participating Funds have undrawn capacity. The credit facility expires in June 2026.

The credit facility has the following terms: 0.15% per annum on unused commitment amounts and a drawn interest rate equal to the higher of (a) OBFR (Overnight Bank Funding Rate) plus 1.20% per annum or (b) the Fed Funds Effective Rate plus 1.20% per annum on amounts borrowed. Interest expense incurred by the Participating Funds, when applicable, is recognized as a component of "Interest expense" on the Statement of Operations. Participating Funds paid administration, legal and arrangement fees, which are recognized as a component of "Interest expense" on the Statement of Operations, and along with commitment fees, have been allocated among such Participating Funds based upon the relative proportions of the facility's aggregate capacity reserved for them and other factors deemed relevant by the Adviser and the Board of each Participating Fund.

There were no borrowings under this credit facility by the Funds during the current fiscal period.

188.0 ------

## Item 7. Financial Statements and Financial Highlights for Open-End Management Investment Companies.
3.0 ------

## Portfolio of Investments April 30, 2025
Emerging Markets Debt

(Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | LONG-TERM INVESTMENTS - 96.9% |  |  |  |
|  |  | BANK LOAN OBLIGATIONS - 0.7% |  |  |  |
|  |  | PUERTO RICO - 0.7% |  |  |  |
| $1840000 | (a) | Coral-US Co-Borrower, LLC, Term Loan B6, (TSFR1M + 3.000%) | 7.436% | 10/15/29 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1820450 |
| 2000000 | (a) | Coral-US Co-Borrower, LLC, Term Loan B7, (TSFR3M + 3.250%) | 7.506 | 01/30/32 | 1963570 |
|  |  | TOTAL PUERTO RICO |  |  | 3784020 |
|  |  | TOTAL BANK LOAN OBLIGATIONS<br> (Cost $3,820,857) |  |  | 3784020 |
| SHARES |  | DESCRIPTION |  |  | VALUE |
|  |  | COMMON STOCKS - 0.9% |  |  |  |
|  |  | BRAZIL - 0.0% |  |  |  |
| 79524 | (b) | Oi S.A. |  |  | 7987 |
|  |  | TOTAL BRAZIL |  |  | 7987 |
|  |  | MEXICO - 0.9% |  |  |  |
| 265589 | (b) | Grupo Aeromexico SAB de C.V. |  |  | 4401542 |
|  |  | TOTAL MEXICO |  |  | 4401542 |
|  |  | TOTAL COMMON STOCKS<br> (Cost $5,051,962) |  |  | 4409529 |
| PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | CORPORATE BONDS - 45.3% |  |  |  |
|  |  | ANGOLA - 0.1% |  |  |  |
| 650000 | (c) | Azule Energy Finance PLC | 8.125 | 01/23/30 | 626600 |
|  |  | TOTAL ANGOLA |  |  | 626600 |
|  |  | ARGENTINA - 0.7% |  |  |  |
| 1500000 | (c) | YPF S.A. | 6.950 | 07/21/27 | 1470567 |
| 2000000 | (c) | YPF S.A. | 8.250 | 01/17/34 | 1940155 |
|  |  | TOTAL ARGENTINA |  |  | 3410722 |
|  |  | AUSTRALIA - 0.5% |  |  |  |
| 1725000 |  | AngloGold Ashanti Holdings plc | 3.375 | 11/01/28 | 1642025 |
| 925000 |  | AngloGold Ashanti Holdings plc | 3.750 | 10/01/30 | 861528 |
|  |  | TOTAL AUSTRALIA |  |  | 2503553 |
|  |  | BRAZIL - 3.8% |  |  |  |
| 1082000 | (c) | Ambipar Lux Sarl | 9.875 | 02/06/31 | 1038490 |
| 1500000 | (c) | Banco Bradesco S.A. | 6.500 | 01/22/30 | 1555980 |
| 2200000 | (c) | Embraer Netherlands Finance BV | 7.000 | 07/28/30 | 2342934 |
| 1100000 | (c) | Itau Unibanco Holding S.A. | 6.000 | 02/27/30 | 1125905 |
| 2250000 | (c),(d),(e) | Itau Unibanco Holding S.A. | 7.562 | N/A | 2247803 |
| 725000 | (c),(f) | LD Celulose International GmbH | 7.950 | 01/26/32 | 744847 |
| 1600000 | (c) | Minerva Luxembourg S.A. | 8.875 | 09/13/33 | 1706685 |
| 193767 | (c) | Oi S.A., | 10.000 | 06/30/27 | 156951 |
| 1500000 |  | Petrobras Global Finance BV | 6.900 | 03/19/49 | 1399260 |
| 1800000 | (c) | Raizen Fuels Finance S.A. | 5.700 | 01/17/35 | 1678320 |
| 1112000 | (c) | Rio Oil Finance Trust | 8.200 | 04/06/28 | 1128812 |
| 2000000 | (c) | Rumo Luxembourg Sarl | 4.200 | 01/18/32 | 1751500 |
| 875000 | (c) | Sitios Latinoamerica SAB de C.V. | 6.000 | 11/25/29 | 877931 |
| 1880000 |  | Vale Overseas Ltd | 6.400 | 06/28/54 | 1815774 |
|  |  | TOTAL BRAZIL |  |  | 19571192 |
|  |  | CHILE - 3.9% |  |  |  |
| 1300000 | (c),(f) | AES Andes S.A. | 6.250 | 03/14/32 | 1299747 |
| 1075000 | (c) | AES Andes S.A. | 8.150 | 06/10/55 | 1095424 |
| 2371311 | (c) | Alfa Desarrollo S.p.A | 4.550 | 09/27/51 | 1743473 |
| 2100000 | (c),(d),(e) | Banco de Credito e Inversiones S.A. | 7.500 | N/A | 2043111 |
| 1600000 | (c),(d),(e) | Banco del Estado de Chile | 7.950 | N/A | 1654581 |
| 900000 | (c) | Celulosa Arauco y Constitucion S.A. | 6.180 | 05/05/32 | 900000 |
| 1500000 | (c) | Celulosa Arauco y Constitucion S.A. | 5.150 | 01/29/50 | 1237898 |
| 1050818 | (c) | Chile Electricity Lux Mpc II Sarl | 5.580 | 10/20/35 | 1043725 |
| 2250000 | (c) | Cia Cervecerias Unidas S.A. | 3.350 | 01/19/32 | 1983803 |
| 1175000 | (c) | Corp Nacional del Cobre de Chile | 5.950 | 01/08/34 | 1192555 |

---

4 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | CHILE (continued) |  |  |  |
| $850000 | (c) | Corp Nacional del Cobre de Chile | 6.440% | 01/26/36 | $880717 |
| 2150000 | (c) | Corp Nacional del Cobre de Chile | 4.375 | 02/05/49 | 1597901 |
| 1500000 | (c) | Embotelladora Andina S.A. | 3.950 | 01/21/50 | 1110000 |
| 2000000 | (c),(f) | Empresa de los Ferrocarriles del Estado | 3.068 | 08/18/50 | 1167500 |
| 1000000 | (c) | Empresa Nacional del Petroleo | 3.450 | 09/16/31 | 875982 |
|  |  | TOTAL CHILE |  |  | 19826417 |
|  |  | CHINA - 0.3% |  |  |  |
| 1500000 | (c) | Lenovo Group Ltd | 3.421 | 11/02/30 | 1378820 |
|  |  | TOTAL CHINA |  |  | 1378820 |
|  |  | COLOMBIA - 2.0% |  |  |  |
| 1000000 | (e) | Bancolombia S.A. | 8.625 | 12/24/34 | 1037781 |
| 875000 |  | Ecopetrol S.A. | 4.625 | 11/02/31 | 714653 |
| 1000000 |  | Ecopetrol S.A. | 8.875 | 01/13/33 | 1000953 |
| 2000000 |  | Ecopetrol S.A. | 5.875 | 11/02/51 | 1277420 |
| 2000000 | (c) | Empresas Publicas de Medellin ESP | 4.250 | 07/18/29 | 1804205 |
| 1000000 | (c) | Empresas Publicas de Medellin ESP | 4.375 | 02/15/31 | 861233 |
| 1000000 | (c) | EnfraGen Energia Sur S.A. | 5.375 | 12/30/30 | 859610 |
| 1050000 | (c) | Gran Tierra Energy, Inc | 9.500 | 10/15/29 | 816447 |
| 2075000 | (c) | Grupo Aval Ltd | 4.375 | 02/04/30 | 1826015 |
|  |  | TOTAL COLOMBIA |  |  | 10198317 |
|  |  | COSTA RICA - 0.7% |  |  |  |
| 1672138 | (c) | Autopistas del Sol S.A. | 7.375 | 12/30/30 | 1637023 |
| 1800000 | (c) | Liberty Costa Rica Senior Secured Finance | 10.875 | 01/15/31 | 1908378 |
|  |  | TOTAL COSTA RICA |  |  | 3545401 |
|  |  | DOMINICAN REPUBLIC - 0.7% |  |  |  |
| 2100000 | (c) | Aeropuertos Dominicanos Siglo XXI S.A. | 7.000 | 06/30/34 | 2132802 |
| 1500000 | (c) | AES Andres BV | 5.700 | 05/04/28 | 1421250 |
|  |  | TOTAL DOMINICAN REPUBLIC |  |  | 3554052 |
|  |  | GHANA - 0.6% |  |  |  |
| 1100000 | (c) | Kosmos Energy Ltd | 7.500 | 03/01/28 | 934797 |
| 1075000 | (c),(f) | Kosmos Energy Ltd | 8.750 | 10/01/31 | 866590 |
| 1653000 | (c) | Tullow Oil plc | 10.250 | 05/15/26 | 1300498 |
|  |  | TOTAL GHANA |  |  | 3101885 |
|  |  | GUATEMALA - 0.7% |  |  |  |
| 500000 | (c) | CT Trust | 5.125 | 02/03/32 | 455214 |
| 1650000 | (c) | Investment Energy Resources Ltd | 6.250 | 04/26/29 | 1573860 |
| 1550000 | (c) | Millicom International Cellular S.A. | 7.375 | 04/02/32 | 1568561 |
|  |  | TOTAL GUATEMALA |  |  | 3597635 |
|  |  | INDIA - 3.7% |  |  |  |
| 2100000 | (c),(f) | Adani Ports & Special Economic Zone Ltd | 4.375 | 07/03/29 | 1906348 |
| 1800000 | (c) | Adani Ports & Special Economic Zone Ltd | 3.100 | 02/02/31 | 1448166 |
| 735704 | (c) | Azure Power Energy Ltd | 3.575 | 08/19/26 | 691562 |
| 1710188 | (c) | Continuum Green Energy India Pvt | 7.500 | 06/26/33 | 1714542 |
| 2050000 | (c) | IRB Infrastructure Developers Ltd | 7.110 | 03/11/32 | 2006497 |
| 2225000 | (c) | Muthoot Finance Ltd | 6.375 | 04/23/29 | 2152121 |
| 2500000 | (c),(d) | Network i2i Ltd | 3.975 | N/A | 2444428 |
| 2700000 | (c) | ReNew Wind Energy AP2 | 4.500 | 07/14/28 | 2502417 |
| 2100000 | (c),(f) | Shriram Finance Ltd | 6.150 | 04/03/28 | 2063719 |
| 2000000 | (d) | UPL Corp Ltd | 5.250 | N/A | 1908080 |
|  |  | TOTAL INDIA |  |  | 18837880 |
|  |  | INDONESIA - 2.5% |  |  |  |
| 2000000 | (d) | Bank Negara Indonesia Persero Tbk PT | 4.300 | N/A | 1880108 |
| 1085000 | (c) | Freeport Indonesia PT | 5.315 | 04/14/32 | 1071118 |
| 1800000 | (c) | Indika Energy Tbk PT | 8.750 | 05/07/29 | 1676883 |
| 1500000 | (c) | Medco Laurel Tree Pte Ltd | 6.950 | 11/12/28 | 1469991 |
| 1500000 | (c) | Medco Maple Tree Pte Ltd | 8.960 | 04/27/29 | 1538436 |
| 1250000 | (c) | Pertamina Persero PT | 4.700 | 07/30/49 | 1001561 |
| 1000000 | (c) | Perusahaan Listrik Negara PT | 5.250 | 10/24/42 | 876250 |
| 2000000 | (c) | Perusahaan Listrik Negara PT | 6.150 | 05/21/48 | 1921396 |

---

*See Notes to Financial Statements* 5

------

## Portfolio of Investments April 30, 2025 (continued)
Emerging Markets Debt

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | INDONESIA (continued) |  |  |  |
| $1480950 | (c) | Sorik Marapi Geothermal Power PT | 7.750% | 08/05/31 | $1440224 |
|  |  | TOTAL INDONESIA |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12875967 |
|  |  | ISRAEL - 1.7% |  |  |  |
| 3000000 | (c),(e) | Bank Hapoalim BM | 3.255 | 01/21/32 | 2862600 |
| 1641000 | (c) | Energean Israel Finance Ltd | 5.375 | 03/30/28 | 1545822 |
| 485000 | (c) | Energean Israel Finance Ltd | 8.500 | 09/30/33 | 485655 |
| 2000000 | (c) | Israel Chemicals Ltd | 6.375 | 05/31/38 | 2003156 |
| 1800000 | (c) | Leviathan Bond Ltd | 6.750 | 06/30/30 | 1739297 |
|  |  | TOTAL ISRAEL |  |  | 8636530 |
|  |  | JAMAICA - 0.3% |  |  |  |
| 1400000 | (c) | Kingston Airport Revenue Finance Ltd | 6.750 | 12/15/36 | 1383900 |
|  |  | TOTAL JAMAICA |  |  | 1383900 |
|  |  | KAZAKHSTAN - 1.3% |  |  |  |
| 1300000 | (c) | Development Bank of Kazakhstan JSC | 5.500 | 04/15/27 | 1306096 |
| 1550000 | (c) | KazMunayGas National Co JSC | 6.375 | 10/24/48 | 1376338 |
| 2225000 | (c) | QazaqGaz NC JSC | 4.375 | 09/26/27 | 2141077 |
| 1000000 | (c) | Tengizchevroil Finance Co International Ltd | 4.000 | 08/15/26 | 980525 |
| 1000000 | (c) | Tengizchevroil Finance Co International Ltd | 3.250 | 08/15/30 | 871698 |
|  |  | TOTAL KAZAKHSTAN |  |  | 6675734 |
|  |  | KOREA, REPUBLIC OF - 0.3% |  |  |  |
| 1550000 | (c),(g) | POSCO Holdings, Inc | 5.125 | 05/07/30 | 1547712 |
|  |  | TOTAL KOREA, REPUBLIC OF |  |  | 1547712 |
|  |  | MACAU - 0.4% |  |  |  |
| 200000 | (c),(f) | MGM China Holdings Ltd | 7.125 | 06/26/31 | 200846 |
| 2000000 |  | Sands China Ltd | 3.250 | 08/08/31 | 1704642 |
|  |  | TOTAL MACAU |  |  | 1905488 |
|  |  | MALAYSIA - 0.5% |  |  |  |
| 1320000 | (c) | Petronas Capital Ltd | 5.340 | 04/03/35 | 1341007 |
| 1300000 | (c) | Petronas Capital Ltd | 5.848 | 04/03/55 | 1292470 |
|  |  | TOTAL MALAYSIA |  |  | 2633477 |
|  |  | MAURITIUS - 0.2% |  |  |  |
| 1000000 | (c) | WLB Asset VI Pte Ltd | 7.250 | 12/21/27 | 1039970 |
|  |  | TOTAL MAURITIUS |  |  | 1039970 |
|  |  | MEXICO - 6.5% |  |  |  |
| 1600000 | (c),(d),(e) | Banco Mercantil del Norte S.A. | 8.375 | N/A | 1575083 |
| 850000 | (c) | Banco Nacional de Comercio Exterior SNC | 5.875 | 05/07/30 | 846192 |
| 1500000 | (c) | Banco Nacional de Comercio Exterior SNC | 2.720 | 08/11/31 | 1409862 |
| 2000000 | (c),(e) | BBVA Bancomer S.A. | 5.125 | 01/18/33 | 1892608 |
| 1100000 | (c),(e) | BBVA Bancomer S.A. Institucion de Banca Multiple Grupo Financiero BBVA Mexico | 7.625 | 02/11/35 | 1105500 |
| 360000 | (c) | Comision Federal de Electricidad | 6.125 | 06/16/45 | 304650 |
| 1640000 | (c),(f) | Comision Federal de Electricidad | 6.264 | 02/15/52 | 1386260 |
| 1988501 | (c) | FIEMEX Energia-Banco Actinver S.A. Institucion de Banca Multiple | 7.250 | 01/31/41 | 1972593 |
| 375000 | (c) | Gruma SAB de C.V. | 5.390 | 12/09/34 | 370500 |
| 775000 | (c) | Gruma SAB de C.V. | 5.761 | 12/09/54 | 720750 |
| 2100000 | (c) | Grupo Aeromexico SAB de C.V. | 8.625 | 11/15/31 | 1943026 |
| 2500000 | (c) | Mexico Remittances Funding Fiduciary Estate Management Sarl | 12.500 | 10/15/31 | 2456250 |
| 3800000 | (c),(f) | Nemak SAB de C.V. | 3.625 | 06/28/31 | 3060321 |
| 960000 | (c),(g) | Orbia Advance Corp SAB de C.V. | 6.800 | 05/13/30 | 959357 |
| 4647000 |  | Petroleos Mexicanos | 6.840 | 01/23/30 | 4139245 |
| 6419000 |  | Petroleos Mexicanos | 6.700 | 02/16/32 | 5502115 |
| 2000000 |  | Petroleos Mexicanos | 5.625 | 01/23/46 | 1259492 |
| 2075000 |  | Petroleos Mexicanos | 6.350 | 02/12/48 | 1339725 |
| 1500000 |  | Petroleos Mexicanos | 6.950 | 01/28/60 | 999292 |
|  |  | TOTAL MEXICO |  |  | 33242821 |
|  |  | MOROCCO - 0.8% |  |  |  |
| 500000 | (c) | OCP S.A. | 6.100 | 04/30/30 | 500326 |
| 1200000 | (c) | OCP S.A. | 6.700 | 03/01/36 | 1187499 |
| 3000000 | (c) | OCP S.A. | 5.125 | 06/23/51 | 2197500 |
|  |  | TOTAL MOROCCO |  |  | 3885325 |
|  |  | NIGERIA - 0.5% |  |  |  |
| 1000000 | (c) | IHS Holding Ltd | 6.250 | 11/29/28 | 949938 |

---

6 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | NIGERIA (continued) |  |  |  |
| $1900000 | (c) | IHS Holding Ltd | 7.875% | 05/29/30 | $1831632 |
|  |  | TOTAL NIGERIA |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2781570 |
|  |  | PANAMA - 1.0% |  |  |  |
| 2000000 | (c) | Aeropuerto Internacional de Tocumen S.A. | 5.125 | 08/11/61 | 1334291 |
| 2000000 | (c) | Banco Nacional de Panama | 2.500 | 08/11/30 | 1638879 |
| 1000000 | (c) | Empresa de Transmision Electrica S.A. | 5.125 | 05/02/49 | 720000 |
| 200000 | (c) | Sable International Finance Ltd | 7.125 | 10/15/32 | 196520 |
| 1378884 | (c) | UEP Penonome II S.A. | 6.500 | 10/01/38 | 1227207 |
|  |  | TOTAL PANAMA |  |  | 5116897 |
|  |  | PERU - 2.0% |  |  |  |
| 1050000 | (c) | Banco BBVA Peru S.A. | 6.200 | 06/07/34 | 1066107 |
| 1500000 | (c) | Banco Internacional del Peru SAA Interbank | 6.397 | 04/30/35 | 1524450 |
| 1500000 | (c) | Cia de Minas Buenaventura SAA | 6.800 | 02/04/32 | 1488765 |
| 825000 | (c) | Hunt Oil Co of Peru LLC Sucursal Del Peru | 8.550 | 09/18/33 | 919621 |
| 1200000 | (c),(g) | Hunt Oil Co of Peru LLC Sucursal Del Peru | 7.750 | 11/05/38 | 1237500 |
| 773360 | (c) | Lima Metro Line 2 Finance Ltd | 4.350 | 04/05/36 | 717448 |
| 1400000 | (c) | Niagara Energy SAC | 5.746 | 10/03/34 | 1383726 |
| 2750000 | (c) | Petroleos del Peru S.A. | 5.625 | 06/19/47 | 1686052 |
|  |  | TOTAL PERU |  |  | 10023669 |
|  |  | QATAR - 0.3% |  |  |  |
| 2000000 | (c) | Qatar Petroleum | 3.300 | 07/12/51 | 1348616 |
|  |  | TOTAL QATAR |  |  | 1348616 |
|  |  | SAUDI ARABIA - 1.0% |  |  |  |
| 2500000 | (c) | EIG Pearl Holdings Sarl | 4.387 | 11/30/46 | 1932010 |
| 1000000 | (c) | Ma'aden Sukuk Ltd | 5.250 | 02/13/30 | 1016191 |
| 1250000 | (c) | Saudi Arabian Oil Co | 4.375 | 04/16/49 | 985994 |
| 1500000 | (c) | Saudi Arabian Oil Co | 3.250 | 11/24/50 | 961704 |
|  |  | TOTAL SAUDI ARABIA |  |  | 4895899 |
|  |  | SOUTH AFRICA - 2.3% |  |  |  |
| 800000 | (d),(e) | Absa Group Ltd | 6.375 | N/A | 793279 |
| 2875000 | (c) | Eskom Holdings SOC Ltd | 6.350 | 08/10/28 | 2835555 |
| 4600000 | (c) | Eskom Holdings SOC Ltd | 8.450 | 08/10/28 | 4692000 |
| 1500000 | (c) | MTN Mauritius Investment Ltd | 6.500 | 10/13/26 | 1507500 |
| 2000000 | (c) | Transnet SOC Ltd | 8.250 | 02/06/28 | 2012750 |
|  |  | TOTAL SOUTH AFRICA |  |  | 11841084 |
|  |  | SUPRANATIONAL - 0.3% |  |  |  |
| 1500000 | (c) | Banque Ouest Africaine de Developpement | 8.200 | 02/13/55 | 1489591 |
|  |  | TOTAL SUPRANATIONAL |  |  | 1489591 |
|  |  | THAILAND - 0.3% |  |  |  |
| 1700000 | (c),(f) | Bangkok Bank PCL | 3.466 | 09/23/36 | 1495236 |
|  |  | TOTAL THAILAND |  |  | 1495236 |
|  |  | TOGO - 0.3% |  |  |  |
| 1600000 | (c) | Ecobank Transnational, Inc | 10.125 | 10/15/29 | 1654400 |
|  |  | TOTAL TOGO |  |  | 1654400 |
|  |  | TRINIDAD AND TOBAGO - 0.1% |  |  |  |
| 850000 | (c) | National Gas Company of Trinidad and Tobago Limited | 6.050 | 01/15/36 | 768239 |
|  |  | TOTAL TRINIDAD AND TOBAGO |  |  | 768239 |
|  |  | TURKEY - 3.2% |  |  |  |
| 1750000 | (c) | Akbank TAS | 7.498 | 01/20/30 | 1750000 |
| 2500000 | (c) | Anadolu Efes Biracilik Ve Malt Sanayii AS. | 3.375 | 06/29/28 | 2210460 |
| 1500000 | (c) | Ford Otomotiv Sanayi AS. | 7.125 | 04/25/29 | 1484850 |
| 2300000 | (c) | Limak Cimento Sanayi ve Ticaret AS. | 9.750 | 07/25/29 | 2254343 |
| 1400000 | (c) | Sisecam UK plc | 8.625 | 05/02/32 | 1384558 |
| 1990000 | (c) | Turkcell Iletisim Hizmetleri AS. | 7.650 | 01/24/32 | 1990724 |
| 1875000 | (c) | Ulker Biskuvi Sanayi AS. | 7.875 | 07/08/31 | 1874550 |
| 1300000 | (c) | Yapi ve Kredi Bankasi AS. | 7.250 | 03/03/30 | 1280793 |

---

*See Notes to Financial Statements* 7

------

Emerging Markets Debt

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | TURKEY (continued) |  |  |  |
| $2000000 | (c) | Yapi ve Kredi Bankasi AS. | 9.250% | 01/17/34 | $2045750 |
|  |  | TOTAL TURKEY |  |  | 16276028 |
|  |  | UKRAINE - 0.4% |  |  |  |
| 2335120 | (c) | NAK Naftogaz Ukraine via Kondor Finance plc, | 7.625 | 11/08/28 | 1815556 |
|  |  | TOTAL UKRAINE |  |  | 1815556 |
|  |  | UNITED ARAB EMIRATES - 0.9% |  |  |  |
| 1500000 | (c) | Abu Dhabi Crude Oil Pipeline LLC | 4.600 | 11/02/47 | 1328122 |
| 1474300 | (c) | Galaxy Pipeline Assets Bidco Ltd | 2.160 | 03/31/34 | 1298139 |
| 2305600 | (c) | Sweihan PV Power Co PJSC | 3.625 | 01/31/49 | 1890645 |
|  |  | TOTAL UNITED ARAB EMIRATES |  |  | 4516906 |
|  |  | UNITED KINGDOM - 0.3% |  |  |  |
| 1500000 | (c),(d),(e) | Standard Chartered plc | 7.625 | N/A | 1475388 |
|  |  | TOTAL UNITED KINGDOM |  |  | 1475388 |
|  |  | ZAMBIA - 0.2% |  |  |  |
| 1265000 | (c) | First Quantum Minerals Ltd | 8.000 | 03/01/33 | 1251564 |
|  |  | TOTAL ZAMBIA |  |  | 1251564 |
|  |  | TOTAL CORPORATE BONDS<br> (Cost $246,175,313) |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230730041 |
| PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | GOVERNMENT BONDS - 49.5% |  |  |  |
|  |  | ANGOLA - 1.1% |  |  |  |
| 2250000 | (c) | Angolan Government International Bond | 8.250 | 05/09/28 | 1908225 |
| 1250000 | (c) | Angolan Government International Bond | 8.000 | 11/26/29 | 996200 |
| 1750000 | (c) | Angolan Government International Bond | 8.750 | 04/14/32 | 1372700 |
| 1950000 | (c),(f) | Angolan Government International Bond | 9.375 | 05/08/48 | 1366638 |
|  |  | TOTAL ANGOLA |  |  | 5643763 |
|  |  | ARGENTINA - 2.1% |  |  |  |
| 1452000 |  | Argentina Republic Government International Bond (Step Bond) | 0.750 | 07/09/30 | 1110780 |
| 4050000 |  | Argentine Republic Government International Bond | 5.000 | 01/09/38 | 2819759 |
| 7734989 |  | Argentine Republic Government International Bond (Step Bond) | 4.125 | 07/09/35 | 5158339 |
| 2775637 | (c) | Provincia de Buenos Aires (Step Bond) | 6.625 | 09/01/37 | 1859677 |
|  |  | TOTAL ARGENTINA |  |  | 10948555 |
|  |  | AZERBAIJAN - 0.4% |  |  |  |
| 2300000 | (c) | Republic of Azerbaijan International Bond | 3.500 | 09/01/32 | 2007900 |
|  |  | TOTAL AZERBAIJAN |  |  | 2007900 |
|  |  | BAHRAIN - 0.3% |  |  |  |
| 1500000 | (c) | Bahrain Government International Bond | 7.500 | 09/20/47 | 1448190 |
|  |  | TOTAL BAHRAIN |  |  | 1448190 |
|  |  | BARBADOS - 0.3% |  |  |  |
| 1835820 | (c) | Barbados Government International Bond | 6.500 | 10/01/29 | 1737604 |
|  |  | TOTAL BARBADOS |  |  | 1737604 |
|  |  | BENIN - 0.6% |  |  |  |
| 1025000 | (c),(h) | Benin Government International Bond | 7.960 | 02/13/38 | 922100 |
| 1250000 | (c) | Benin Government International Bond | 8.375 | 01/23/41 | 1142500 |
| EUR 1,125,000 | (c) | Benin Government International Bond | 6.875 | 01/19/52 | 995535 |
|  |  | TOTAL BENIN |  |  | 3060135 |
|  |  | BRAZIL - 1.7% |  |  |  |
| BRL 10,282,000 |  | Brazil Notas do Tesouro Nacional Serie F | 10.000 | 01/01/27 | 1715096 |
| BRL 10,975,000 |  | Brazil Notas do Tesouro Nacional Serie F | 10.000 | 01/01/31 | 1654344 |
| 1910000 |  | Brazilian Government International Bond | 6.000 | 10/20/33 | 1881245 |
| 1100000 |  | Brazilian Government International Bond | 5.000 | 01/27/45 | 835765 |
| 1400000 |  | Brazilian Government International Bond | 4.750 | 01/14/50 | 983952 |
| 1475000 |  | Brazilian Government International Bond | 7.125 | 05/13/54 | 1397222 |
|  |  | TOTAL BRAZIL |  |  | 8467624 |
|  |  | CAMEROON - 0.2% |  |  |  |
| EUR 1,000,000 | (c) | Republic of Cameroon International Bond | 5.950 | 07/07/32 | 827006 |
|  |  | TOTAL CAMEROON |  |  | 827006 |
|  |  | CHILE - 0.4% |  |  |  |
| CLP 1,270,000,000 | (c) | Bonos de la Tesoreria de la Republica en pesos | 5.000 | 10/01/28 | 1330734 |

---

8 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | CHILE (continued) |  |  |  |
| CLP 700,000,000 (c) | Bonos de la Tesoreria de la Republica en pesos | 5.800% | 10/01/29 | $750593 |
|  | TOTAL CHILE |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2081327 |
|  | COLOMBIA - 2.2% |  |  |  |
| $1050000 | Colombia Government International Bond | 3.125 | 04/15/31 | 844086 |
| 1000000 | Colombia Government International Bond | 3.250 | 04/22/32 | 770453 |
| 500000 | Colombia Government International Bond | 7.500 | 02/02/34 | 486732 |
| 1525000 | Colombia Government International Bond | 8.000 | 11/14/35 | 1495355 |
| 1500000 (h) | Colombia Government International Bond | 7.750 | 11/07/36 | 1428837 |
| 3550000 | Colombia Government International Bond | 5.625 | 02/26/44 | 2530420 |
| 950000 | Colombia Government International Bond | 5.200 | 05/15/49 | 613237 |
| COP 3,180,000,000 | Colombian TES | 7.750 | 09/18/30 | 653997 |
| COP 7,080,000,000 | Colombian TES | 7.000 | 06/30/32 | 1300837 |
| COP 6,600,000,000 | Colombian TES | 6.250 | 07/09/36 | 998241 |
|  | TOTAL COLOMBIA |  |  | 11122195 |
|  | COSTA RICA - 0.6% |  |  |  |
| 1050000 (c) | Costa Rica Government International Bond | 6.550 | 04/03/34 | 1073100 |
| 2500000 (c) | Costa Rica Government International Bond | 5.625 | 04/30/43 | 2215317 |
|  | TOTAL COSTA RICA |  |  | 3288417 |
|  | COTE D'IVOIRE - 0.9% |  |  |  |
| 1500000 (c) | Ivory Coast Government International Bond | 8.450 | 04/01/36 | 1386519 |
| 2337030 (c) | Ivory Coast Government International Bond (Step Bond) | 5.750 | 12/31/32 | 2147263 |
| 1050000 (c) | Ivory Coast Government International Bond (Step Bond) | 8.250 | 01/30/37 | 964129 |
|  | TOTAL COTE D'IVOIRE |  |  | 4497911 |
|  | CZECH REPUBLIC - 0.3% |  |  |  |
| CZK 38,750,000 | Czech Republic Government Bond | 1.750 | 06/23/32 | 1535065 |
|  | TOTAL CZECH REPUBLIC |  |  | 1535065 |
|  | DOMINICAN REPUBLIC - 1.5% |  |  |  |
| DOP 57,200,000 (c) | Dominican Republic Government International Bond | 10.375 | 01/11/30 | 983931 |
| 700000 (c) | Dominican Republic Government International Bond | 7.050 | 02/03/31 | 720405 |
| 4000000 (c) | Dominican Republic Government International Bond | 4.875 | 09/23/32 | 3587000 |
| 1585000 (c) | Dominican Republic Government International Bond | 7.450 | 04/30/44 | 1620742 |
| 650000 (c) | Dominican Republic Government International Bond | 5.875 | 01/30/60 | 534333 |
|  | TOTAL DOMINICAN REPUBLIC |  |  | 7446411 |
|  | ECUADOR - 0.9% |  |  |  |
| 1609600 (c) | Ecuador Government International Bond (Step Bond) | 5.000 | 07/31/30 | 1201728 |
| 4637020 (c) | Ecuador Government International Bond (Step Bond) | 1.000 | 07/31/35 | 2779009 |
| 820000 (c) | Ecuador Government International Bond (Step Bond) | 5.000 | 07/31/40 | 427532 |
|  | TOTAL ECUADOR |  |  | 4408269 |
|  | EGYPT - 2.0% |  |  |  |
| 850000 (c) | Egypt Government International Bond | 5.800 | 09/30/27 | 800105 |
| 1725000 (c) | Egypt Government International Bond | 7.600 | 03/01/29 | 1621500 |
| 1500000 (c) | Egypt Government International Bond | 8.625 | 02/04/30 | 1430880 |
| 3200000 (c) | Egypt Government International Bond | 7.053 | 01/15/32 | 2672000 |
| 4075000 (c) | Egypt Government International Bond | 8.500 | 01/31/47 | 2956494 |
| 1000000 (c) | Egypt Government International Bond | 8.150 | 11/20/59 | 687400 |
|  | TOTAL EGYPT |  |  | 10168379 |
|  | EL SALVADOR - 0.5% |  |  |  |
| 3100000 (c) | El Salvador Government International Bond | 7.625 | 02/01/41 | 2761164 |
| 1500000 (c) | Republic of El Salvador | 0.250 | 04/17/30 | 30534 |
|  | TOTAL EL SALVADOR |  |  | 2791698 |
|  | GHANA - 0.8% |  |  |  |
| 3481164 (c) | Ghana Government International Bond | 5.000 | 07/03/35 | 2367192 |
| 2038338 (c) | Ghana Government International Bond (Step Bond) | 5.000 | 07/03/29 | 1739823 |
|  | TOTAL GHANA |  |  | 4107015 |
|  | GUATEMALA - 0.6% |  |  |  |
| 525000 (c) | Guatemala Government Bond | 4.900 | 06/01/30 | 505969 |
| 2000000 (c) | Guatemala Government Bond | 3.700 | 10/07/33 | 1656524 |
| 1250000 (c) | Guatemala Government International Bond | 4.650 | 10/07/41 | 963733 |
|  | TOTAL GUATEMALA |  |  | 3126226 |
|  | HONDURAS - 0.5% |  |  |  |
| 1200000 (c) | Honduras Government International Bond | 5.625 | 06/24/30 | 1092600 |

---

*See Notes to Financial Statements* 9

------

Emerging Markets Debt

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | HONDURAS (continued) |  |  |  |
| $1575000 | (c) | Honduras Government International Bond | 8.625% | 11/27/34 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1561613 |
|  |  | TOTAL HONDURAS |  |  | 2654213 |
|  |  | HUNGARY - 1.9% |  |  |  |
| HUF 135,000,000 |  | Hungary Government International Bond | 2.750 | 12/22/26 | 358769 |
| HUF 430,000,000 |  | Hungary Government International Bond | 4.500 | 03/23/28 | 1150316 |
| 1900000 | (c) | Hungary Government International Bond | 6.125 | 05/22/28 | 1954462 |
| 1850000 | (c) | Hungary Government International Bond | 5.250 | 06/16/29 | 1848150 |
| 2825000 | (c) | Hungary Government International Bond | 2.125 | 09/22/31 | 2295270 |
| HUF 190,000,000 |  | Hungary Government International Bond | 4.750 | 11/24/32 | 473212 |
| 750000 | (c) | Hungary Government International Bond | 3.125 | 09/21/51 | 438000 |
| 1000000 | (c) | Magyar Export-Import Bank Zrt | 6.125 | 12/04/27 | 1017867 |
|  |  | TOTAL HUNGARY |  |  | 9536046 |
|  |  | INDIA - 0.5% |  |  |  |
| INR 106,400,000 |  | India Government International Bond | 7.180 | 08/14/33 | 1321054 |
| INR 81,000,000 |  | India Government International Bond | 7.180 | 07/24/37 | 1017733 |
|  |  | TOTAL INDIA |  |  | 2338787 |
|  |  | INDONESIA - 0.7% |  |  |  |
| IDR 26,640,000,000 |  | Indonesia Treasury Bond | 7.000 | 09/15/30 | 1632287 |
| IDR 31,870,000,000 |  | Indonesia Treasury Bond | 6.625 | 02/15/34 | 1893269 |
|  |  | TOTAL INDONESIA |  |  | 3525556 |
|  |  | IRAQ - 0.3% |  |  |  |
| 1528125 | (c) | Iraq Government International Bond | 5.800 | 01/15/28 | 1480943 |
|  |  | TOTAL IRAQ |  |  | 1480943 |
|  |  | ISRAEL - 0.4% |  |  |  |
| 2000000 |  | Israel Government International Bond | 5.375 | 02/19/30 | 2018540 |
|  |  | TOTAL ISRAEL |  |  | 2018540 |
|  |  | JAMAICA - 0.8% |  |  |  |
| 1650000 |  | Jamaica Government International Bond | 8.000 | 03/15/39 | 1868905 |
| 1810000 |  | Jamaica Government International Bond | 7.875 | 07/28/45 | 2025678 |
|  |  | TOTAL JAMAICA |  |  | 3894583 |
|  |  | JORDAN - 0.4% |  |  |  |
| 450000 | (c) | Jordan Government International Bond | 7.500 | 01/13/29 | 448297 |
| 2000000 | (c) | Jordan Government International Bond | 7.375 | 10/10/47 | 1678250 |
|  |  | TOTAL JORDAN |  |  | 2126547 |
|  |  | KAZAKHSTAN - 0.2% |  |  |  |
| 675000 | (c),(g) | Baiterek National Managing Holding JSC | 5.450 | 05/08/28 | 672054 |
| KZT 205,000,000 |  | Kazakhstan Government Bond-MEOKAM | 13.850 | 06/24/25 | 396719 |
|  |  | TOTAL KAZAKHSTAN |  |  | 1068773 |
|  |  | KENYA - 0.7% |  |  |  |
| 1075000 | (c) | Kenya Government International Bond | 7.250 | 02/28/28 | 1010500 |
| 1700000 | (c) | Kenya Government International Bond | 9.750 | 02/16/31 | 1619930 |
| 1325000 | (c) | Kenya Government International Bond | 8.250 | 02/28/48 | 989168 |
|  |  | TOTAL KENYA |  |  | 3619598 |
|  |  | LEBANON - 0.2% |  |  |  |
| 3200000 | (i) | Lebanon Government International Bond | 6.250 | 11/04/25 | 547376 |
| 3800000 | (i) | Lebanon Government International Bond | 6.850 | 03/23/27 | 650370 |
|  |  | TOTAL LEBANON |  |  | 1197746 |
|  |  | MALAYSIA - 0.5% |  |  |  |
| MYR 3,000,000 |  | Malaysia Government International Bond | 0.043 | 05/31/35 | 727432 |
| MYR 6,500,000 |  | Malaysia Government International Bond | 4.762 | 04/07/37 | 1646517 |
|  |  | TOTAL MALAYSIA |  |  | 2373949 |
|  |  | MEXICO - 1.9% |  |  |  |
| MXN 33,440,000 |  | Mexican Bonos | 7.750 | 05/29/31 | 1609871 |
| MXN 22,900,000 | (h) | Mexican Bonos | 7.750 | 11/23/34 | 1052953 |
| MXN 29,900,000 |  | Mexican Bonos | 8.500 | 11/18/38 | 1388553 |
| 1775000 |  | Mexico Government International Bond | 6.000 | 05/07/36 | 1690631 |
| 2250000 |  | Mexico Government International Bond | 4.280 | 08/14/41 | 1671256 |
| 1850000 |  | Mexico Government International Bond | 4.400 | 02/12/52 | 1242956 |

---

10 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | MEXICO (continued) |  |  |  |
| $1300000 | Mexico Government International Bond | 7.375% | 05/13/55 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1286844 |
|  | TOTAL MEXICO |  |  | 9943064 |
|  | MOROCCO - 0.2% |  |  |  |
| 1450000 (c) | Morocco Government International Bond | 5.500 | 12/11/42 | 1263284 |
|  | TOTAL MOROCCO |  |  | 1263284 |
|  | NIGERIA - 1.5% |  |  |  |
| 2300000 (c) | Nigeria Government International Bond | 7.143 | 02/23/30 | 2017100 |
| 1550000 (c) | Nigeria Government International Bond | 7.875 | 02/16/32 | 1342765 |
| 950000 (c) | Nigeria Government International Bond | 7.375 | 09/28/33 | 776958 |
| 2150000 (c) | Nigeria Government International Bond | 10.375 | 12/09/34 | 2029686 |
| 2000000 (c) | Nigeria Government International Bond | 7.696 | 02/23/38 | 1554400 |
|  | TOTAL NIGERIA |  |  | 7720909 |
|  | OMAN - 1.0% |  |  |  |
| 1575000 (c) | Oman Government International Bond | 5.375 | 03/08/27 | 1584419 |
| 2700000 (c) | Oman Government International Bond | 6.500 | 03/08/47 | 2678821 |
| 1025000 (c) | Oman Government International Bond | 6.750 | 01/17/48 | 1036000 |
|  | TOTAL OMAN |  |  | 5299240 |
|  | PAKISTAN - 0.6% |  |  |  |
| 875000 (c) | Pakistan Government International Bond | 7.375 | 04/08/31 | 689660 |
| 1815000 (c) | Pakistan Government International Bond | 8.875 | 04/08/51 | 1288650 |
| 1500000 | Pakistan Water & Power Development Authority | 7.500 | 06/04/31 | 1076400 |
|  | TOTAL PAKISTAN |  |  | 3054710 |
|  | PANAMA - 0.9% |  |  |  |
| 1075000 | Panama Government International Bond | 6.700 | 01/26/36 | 1035633 |
| 1750000 | Panama Government International Bond | 8.000 | 03/01/38 | 1811381 |
| 2800000 | Panama Government International Bond | 4.500 | 04/01/56 | 1707542 |
|  | TOTAL PANAMA |  |  | 4554556 |
|  | PARAGUAY - 0.6% |  |  |  |
| 1375000 (c) | Paraguay Government International Bond | 2.739 | 01/29/33 | 1155000 |
| 525000 (c) | Paraguay Government International Bond | 6.100 | 08/11/44 | 492844 |
| 1050000 (c) | Paraguay Government International Bond | 5.600 | 03/13/48 | 920241 |
| 350000 (c) | Paraguay Government International Bond | 6.650 | 03/04/55 | 346062 |
|  | TOTAL PARAGUAY |  |  | 2914147 |
|  | PERU - 1.2% |  |  |  |
| 975000 | Peruvian Government International Bond | 1.862 | 12/01/32 | 766667 |
| 2895000 | Peruvian Government International Bond | 3.000 | 01/15/34 | 2408206 |
| PEN 4,150,000 (c) | Peruvian Government International Bond | 5.400 | 08/12/34 | 1042623 |
| 625000 | Peruvian Government International Bond | 5.375 | 02/08/35 | 615351 |
| 1800000 | Peruvian Government International Bond | 3.300 | 03/11/41 | 1307250 |
|  | TOTAL PERU |  |  | 6140097 |
|  | PHILIPPINES - 0.5% |  |  |  |
| 3050000 | Philippine Government International Bond | 4.200 | 03/29/47 | 2484957 |
|  | TOTAL PHILIPPINES |  |  | 2484957 |
|  | POLAND - 2.2% |  |  |  |
| 830000 (c) | Bank Gospodarstwa Krajowego | 5.375 | 05/22/33 | 835425 |
| 1500000 (c) | Bank Gospodarstwa Krajowego | 5.750 | 07/09/34 | 1533105 |
| PLN 3,325,000 | Republic of Poland Government International Bond | 0.250 | 10/25/26 | 829147 |
| PLN 1,850,000 | Republic of Poland Government International Bond | 5.750 | 04/25/29 | 511018 |
| PLN 8,100,000 | Republic of Poland Government International Bond | 2.750 | 10/25/29 | 1988702 |
| 600000 | Republic of Poland Government International Bond | 5.750 | 11/16/32 | 632468 |
| 500000 | Republic of Poland Government International Bond | 4.875 | 10/04/33 | 495870 |
| PLN 5,500,000 | Republic of Poland Government International Bond | 6.000 | 10/25/33 | 1543102 |
| 1500000 | Republic of Poland Government International Bond | 5.375 | 02/12/35 | 1515669 |
| 1398000 | Republic of Poland Government International Bond | 5.500 | 04/04/53 | 1309132 |
|  | TOTAL POLAND |  |  | 11193638 |
|  | REPUBLIC OF SERBIA - 0.6% |  |  |  |
| 2650000 (c) | Serbia Government International Bond | 2.125 | 12/01/30 | 2210886 |
| 750000 (c) | Serbia Government International Bond | 6.500 | 09/26/33 | 773543 |
|  | TOTAL REPUBLIC OF SERBIA |  |  | 2984429 |
|  | ROMANIA - 2.0% |  |  |  |
| RON 4,250,000 | Romanian Government International Bond | 4.150 | 01/26/28 | 891158 |

---

*See Notes to Financial Statements* 11

------

Emerging Markets Debt

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | ROMANIA (continued) |  |  |  |
| $1860000 | (c) | Romanian Government International Bond | 5.875% | 01/30/29 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1842674 |
| 350000 | (c) | Romanian Government International Bond | 3.000 | 02/14/31 | 291367 |
| RON 6,025,000 |  | Romanian Government International Bond | 3.650 | 09/24/31 | 1104411 |
| EUR 920,000 | (c) | Romanian Government International Bond | 5.250 | 05/30/32 | 997369 |
| 1160000 | (c) | Romanian Government International Bond | 7.125 | 01/17/33 | 1171236 |
| 3300000 | (c) | Romanian Government International Bond | 5.750 | 03/24/35 | 2924526 |
| 1400000 | (c) | Romanian Government International Bond | 4.000 | 02/14/51 | 834595 |
|  |  | TOTAL ROMANIA |  |  | 10057336 |
|  |  | RWANDA - 0.5% |  |  |  |
| 3075000 | (c) | Rwanda International Government Bond | 5.500 | 08/09/31 | 2410308 |
|  |  | TOTAL RWANDA |  |  | 2410308 |
|  |  | SAUDI ARABIA - 1.3% |  |  |  |
| 1000000 | (c) | Saudi Government International Bond | 5.375 | 01/13/31 | 1029005 |
| 1250000 | (c) | Saudi Government International Bond | 5.000 | 01/16/34 | 1242805 |
| 1500000 | (c) | Saudi Government International Bond | 5.625 | 01/13/35 | 1552194 |
| 1000000 | (c) | Saudi Government International Bond | 3.250 | 11/17/51 | 625279 |
| 2000000 | (c) | Saudi Government International Bond | 3.750 | 01/21/55 | 1349616 |
| 1500000 | (c) | Saudi Government International Bond | 3.450 | 02/02/61 | 921060 |
|  |  | TOTAL SAUDI ARABIA |  |  | 6719959 |
|  |  | SENEGAL - 0.5% |  |  |  |
| 1000000 | (c) | Senegal Government International Bond | 6.250 | 05/23/33 | 696240 |
| 3300000 | (c) | Senegal Government International Bond | 6.750 | 03/13/48 | 1997325 |
|  |  | TOTAL SENEGAL |  |  | 2693565 |
|  |  | SOUTH AFRICA - 2.4% |  |  |  |
| 1875000 |  | Republic of South Africa Government International Bond | 4.300 | 10/12/28 | 1772812 |
| ZAR 23,025,000 |  | Republic of South Africa Government International Bond | 7.000 | 02/28/31 | 1113234 |
| ZAR 20,350,000 |  | Republic of South Africa Government International Bond | 8.875 | 02/28/35 | 982768 |
| 3525000 | (c) | Republic of South Africa Government International Bond | 7.100 | 11/19/36 | 3359905 |
| ZAR 7,000,000 |  | Republic of South Africa Government International Bond | 9.000 | 01/31/40 | 308687 |
| ZAR 20,900,000 |  | Republic of South Africa Government International Bond | 8.750 | 01/31/44 | 871060 |
| 1250000 |  | Republic of South Africa Government International Bond | 5.375 | 07/24/44 | 907500 |
| 2075000 |  | Republic of South Africa Government International Bond | 5.650 | 09/27/47 | 1490680 |
| 775000 |  | Republic of South Africa Government International Bond | 5.750 | 09/30/49 | 555121 |
| 1000000 |  | Republic of South Africa Government International Bond | 7.300 | 04/20/52 | 857625 |
|  |  | TOTAL SOUTH AFRICA |  |  | 12219392 |
|  |  | SRI LANKA - 0.5% |  |  |  |
| 1212281 | (c) | Sri Lanka Government International Bond | 3.350 | 03/15/33 | 839505 |
| 528220 | (c) | Sri Lanka Government International Bond | 3.600 | 06/15/35 | 340665 |
| 1633502 | (c) | Sri Lanka Government International Bond | 3.600 | 02/15/38 | 1143451 |
|  |  | TOTAL SRI LANKA |  |  | 2323621 |
|  |  | SUPRANATIONAL - 0.4% |  |  |  |
| INR 57,100,000 |  | Asian Infrastructure Investment Bank | 6.000 | 12/08/31 | 650014 |
| 1200000 | (c) | Banque Ouest Africaine de Developpement | 4.700 | 10/22/31 | 1084800 |
| INR 20,000,000 |  | Inter-American Development Bank | 7.350 | 10/06/30 | 244083 |
|  |  | TOTAL SUPRANATIONAL |  |  | 1978897 |
|  |  | TURKEY - 3.0% |  |  |  |
| 800000 |  | Turkey Government International Bond | 5.125 | 02/17/28 | 772055 |
| 825000 | (f) | Turkey Government International Bond | 5.250 | 03/13/30 | 762106 |
| 1500000 |  | Turkey Government International Bond | 6.500 | 09/20/33 | 1389435 |
| 1300000 |  | Turkey Government International Bond | 6.000 | 01/14/41 | 1034784 |
| 4350000 |  | Turkey Government International Bond | 4.875 | 04/16/43 | 2937346 |
| TRY 69,000,000 |  | Turkiye Government International Bond | 12.600 | 10/01/25 | 1595294 |
| EUR 1,750,000 |  | Turkiye Government International Bond | 5.875 | 05/21/30 | 2044447 |
| 2800000 |  | Turkiye Government International Bond | 7.125 | 07/17/32 | 2725366 |
| 2000000 | (c) | Turkiye Ihracat Kredi Bankasi AS. | 7.500 | 02/06/28 | 2016120 |
|  |  | TOTAL TURKEY |  |  | 15276953 |
|  |  | UGANDA - 0.1% |  |  |  |
| UGX 3,140,000,000 |  | Republic of Uganda Government Bonds | 14.250 | 06/22/34 | 733578 |
|  |  | TOTAL UGANDA |  |  | 733578 |
|  |  | UKRAINE - 0.6% |  |  |  |
| 1235083 | (c),(h) | Ukraine Government International Bond | 1.750 | 02/01/29 | 749078 |

---

12 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | UKRAINE (continued) |  |  |  |
| $1579875 | (c) | Ukraine Government International Bond | 0.000% | 02/01/35 | $785988 |
| 337395 | (c) | Ukraine Government International Bond | 0.000 | 02/01/36 | 167010 |
| 2320000 | (a),(c) | Ukraine Government International Bond | 7.750 | 08/01/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1624000 |
|  |  | TOTAL UKRAINE |  |  | 3326076 |
|  |  | UNITED ARAB EMIRATES - 0.4% |  |  |  |
| 400000 | (c) | Abu Dhabi Government International Bond | 3.125 | 09/30/49 | 270498 |
| 2600000 |  | Emirate of Dubai Government International Bonds | 3.900 | 09/09/50 | 1853410 |
|  |  | TOTAL UNITED ARAB EMIRATES |  |  | 2123908 |
|  |  | URUGUAY - 0.6% |  |  |  |
| 1500000 |  | Oriental Republic of Uruguay | 5.250 | 09/10/60 | 1352655 |
| UYU 28,250,000 |  | Uruguay Government International Bond | 8.250 | 05/21/31 | 628338 |
| UYU 18,940,950 |  | Uruguay Government International Bond | 9.750 | 07/20/33 | 451941 |
| 600000 |  | Uruguay Government International Bond | 5.750 | 10/28/34 | 626250 |
|  |  | TOTAL URUGUAY |  |  | 3059184 |
|  |  | UZBEKISTAN - 0.9% |  |  |  |
| UZS 9,240,000,000 | (c) | Republic of Uzbekistan International Bond | 16.625 | 05/29/27 | 727296 |
| 1700000 | (c) | Republic of Uzbekistan International Bond | 5.375 | 02/20/29 | 1654695 |
| 1400000 | (c) | Republic of Uzbekistan International Bond | 3.700 | 11/25/30 | 1202320 |
| 775000 | (c) | Republic of Uzbekistan International Bond | 6.900 | 02/28/32 | 774922 |
|  |  | TOTAL UZBEKISTAN |  |  | 4359233 |
|  |  | ZAMBIA - 0.6% |  |  |  |
| 2169537 | (c) | Zambia Government International Bond | 5.750 | 06/30/33 | 1883809 |
| 2155173 | (c) | Zambia Government International Bond | 0.500 | 12/31/53 | 1227694 |
|  |  | TOTAL ZAMBIA |  |  | 3111503 |
|  |  | TOTAL GOVERNMENT BONDS<br> (Cost $278,017,892) |  |  | 252495515 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | STRUCTURED ASSETS - 0.5% |  |  |  |
|  |  | UNITED STATES - 0.5% |  |  |  |
| 3000000 | (c),(j) | Industrial DPR Funding Ltd, Series 2022 1A | 5.380 | 04/15/34 | 2676300 |
|  |  | TOTAL UNITED STATES |  |  | 2676300 |
|  |  | TOTAL STRUCTURED ASSETS<br> (Cost $3,000,000) |  |  | 2676300 |
|  |  | TOTAL LONG-TERM INVESTMENTS<br> (Cost $536,066,024) |  |  | 494095405 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;SHARES |  | DESCRIPTION | RATE |  | VALUE |
|  |  | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 1.8% |  |  |  |
| 9227727 | (k) | State Street Navigator Securities Lending Government Money Market Portfolio | 4.360 (l) |  | 9227727 |
|  |  | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $9,227,727) |  |  | 9227727 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | SHORT-TERM INVESTMENTS - 2.2% |  |  |  |
|  |  | REPURCHASE AGREEMENT - 2.2% |  |  |  |
| 11039000 | (m) | Bank of New York Mellon Corp | 4.370 | 05/01/25 | 11039000 |
|  |  | TOTAL REPURCHASE AGREEMENT |  |  | 11039000 |
|  |  | TOTAL SHORT-TERM INVESTMENTS<br> (Cost $11,039,000) |  |  | 11039000 |
|  |  | TOTAL INVESTMENTS - 100.9%<br> (Cost $556,332,751) |  |  | 514362132 |
|  |  | OTHER ASSETS & LIABILITIES, NET - (0.9)% |  |  | (4666583) |
|  |  | NET ASSETS - 100.0% |  |  | $509695549 |

---

*See Notes to Financial Statements* 13

------

Emerging Markets Debt

BRL Brazilian Real

CLP Chilean Peso

COP Colombia Peso

CZK Czech Republic Koruna

DOP Dominican Republic Peso

---

| | |
|:---|:---|
| EUR | Euro  |

---

HUF Hungary Forint

IDR Indonesian Rupiah

INR Indian Rupee

KZT Kazakhstani Tenge

MXN Mexican Peso

MYR Malaysian Ringgit

PEN Peruvian Sol

PLN Polish Zloty

RON Romanian Leu

TRY Turkish Lira

TSFR1M CME Term Secured Overnight Financing Rate 1 Month

TSFR3M CME Term Secured Overnight Financing Rate 3 Month

UGX Ugandan Shilling

UYU Uruguayan Peso

UZS Uzbekistani Som

ZAR South African Rand

(a) Floating or variable rate security includes the reference rate and spread, unless the variable rate is based on the underlying asset of the security. Coupon rate reflects the rate at period end.

(b) Non-income producing; issuer has not declared an ex-dividend date within the past twelve months.

(c) Security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities are deemed liquid and may be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. As of the end of the reporting period, the aggregate value of these securities is $346,046,825 or 67.3% of Total Investments.

(d) Perpetual security. Maturity date is not applicable.

(e) Contingent Capital Securities ("CoCos") are debt or preferred securities with loss absorption characteristics built into the terms of the security for the benefit of the issuer, for example an automatic write-down of principal or a mandatory conversion into the issuer's common stock under certain adverse circumstances, such as the issuer's capital ratio falling below a specified level. As of the end of the reporting period, the Fund's total investment in CoCos was 3.2% of Total Investments.

(f) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $8,880,709.

(g) When-issued or delayed delivery security.

(h) Principal amount for interest accrual purposes is periodically adjusted based on changes in the Consumer Price Index.

(i) Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of bankruptcy.

(j) For fair value measurement disclosure purposes, investment classified as Level 3.

(k) Investments made with cash collateral received from securities on loan.

(l) The rate shown is the one-day yield as of the end of the reporting period.

(m) Agreement with Bank of New York Mellon Corp, 4.370% dated 4/30/25 to be repurchased at $11,114,083 on 5/1/25, collateralized by Government Agency Securities, with coupon rate 2.375% and maturity date 1/15/27, valued at $11,259,866.

Principal denominated in U.S. Dollars, unless otherwise noted.

### Investments in Derivatives
Forward Foreign Currency Contracts

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| Currency<br> Purchased | Receive | Receive | Currency<br> Sold | Deliver | Counterparty | Settlement Date | Unrealized<br>Appreciation<br>(Depreciation) |
|  | $— | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4877276 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;EUR | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4399758 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Bank of America | 07/11/25 | $(129863) |
|  |  |  |  |  |  |  | $(129863) |
|  | Total unrealized appreciation on forward foreign currency contracts | Total unrealized appreciation on forward foreign currency contracts | Total unrealized appreciation on forward foreign currency contracts | Total unrealized appreciation on forward foreign currency contracts | Total unrealized appreciation on forward foreign currency contracts | Total unrealized appreciation on forward foreign currency contracts | $– |
|  | Total unrealized depreciation on forward foreign currency contracts | Total unrealized depreciation on forward foreign currency contracts | Total unrealized depreciation on forward foreign currency contracts | Total unrealized depreciation on forward foreign currency contracts | Total unrealized depreciation on forward foreign currency contracts | Total unrealized depreciation on forward foreign currency contracts | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(129863) |

---

EUR Euro

14 *See Notes to Financial Statements*

------

## Consolidated Portfolio of Investments April 30, 2025
International Bond

(Unaudited)

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | LONG-TERM INVESTMENTS - 96.8% |  |  |  |
|  |  | BANK LOAN OBLIGATIONS - 0.1% |  |  |  |
|  |  | IRELAND - 0.0% |  |  |  |
| $257834 | (a) | Avolon TLB Borrower 1 (US) LLC, Term Loan B6, (TSFR1M + 1.750%) | 6.070% | 06/24/30 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;257137 |
|  |  | TOTAL IRELAND |  |  | 257137 |
|  |  | UNITED STATES - 0.1% |  |  |  |
| 152785 | (a) | Jazz Financing Lux S.a.r.l., First Lien Term Loan B, (TSFR1M + 2.250%) | 6.572 | 05/05/28 | 152457 |
| 231377 | (a) | Parexel International Corporation, Term Loan B, (TSFR1M + 2.500%) | 6.822 | 11/15/28 | 230351 |
|  |  | TOTAL UNITED STATES |  |  | 382808 |
|  |  | TOTAL BANK LOAN OBLIGATIONS<br> (Cost $645,329) |  |  | 639945 |
| PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | CORPORATE BONDS - 21.6% |  |  |  |
|  |  | AUSTRALIA - 0.2% |  |  |  |
| 250000 |  | AngloGold Ashanti Holdings plc | 3.750 | 10/01/30 | 232846 |
| EUR 500,000 | (b) | Glencore Capital Finance DAC | 4.154 | 04/29/31 | 584792 |
|  |  | TOTAL AUSTRALIA |  |  | 817638 |
|  |  | AUSTRIA - 0.2% |  |  |  |
| EUR 600,000 | (c),(d) | Erste Group Bank AG. | 4.250 | N/A | 655037 |
|  |  | TOTAL AUSTRIA |  |  | 655037 |
|  |  | BELGIUM - 0.2% |  |  |  |
| EUR 800,000 | (e) | Proximus SADP | 0.750 | 11/17/36 | 682386 |
|  |  | TOTAL BELGIUM |  |  | 682386 |
|  |  | BRAZIL - 0.1% |  |  |  |
| 85000 |  | Embraer Netherlands Finance BV | 5.980 | 02/11/35 | 86283 |
| 300000 |  | Suzano Austria GmbH | 3.125 | 01/15/32 | 255783 |
|  |  | TOTAL BRAZIL |  |  | 342066 |
|  |  | CANADA - 0.5% |  |  |  |
| GBP 500,000 | (b) | Bank of Montreal | 5.125 | 10/10/28 | 673967 |
| EUR 250,000 | (f) | Fairfax Financial Holdings Ltd | 2.750 | 03/29/28 | 279263 |
| 775000 | (f) | MEG Energy Corp | 5.875 | 02/01/29 | 747705 |
| 315000 | (f) | Parkland Corp | 4.625 | 05/01/30 | 296485 |
|  |  | TOTAL CANADA |  |  | 1997420 |
|  |  | CHILE - 0.4% |  |  |  |
| 395218 | (f) | Alfa Desarrollo S.p.A | 4.550 | 09/27/51 | 290579 |
| 300000 |  | Celulosa Arauco y Constitucion S.A. | 3.875 | 11/02/27 | 291432 |
| 200000 | (f) | Celulosa Arauco y Constitucion S.A. | 6.180 | 05/05/32 | 200000 |
| 200000 | (f) | Cia Cervecerias Unidas S.A. | 3.350 | 01/19/32 | 176338 |
| 200000 | (f) | Corp Nacional del Cobre de Chile | 3.625 | 08/01/27 | 196004 |
| 200000 | (f) | Corp Nacional del Cobre de Chile | 6.440 | 01/26/36 | 207227 |
| 325000 | (f) | Empresa Nacional de Telecomunicaciones S.A. | 3.050 | 09/14/32 | 273814 |
|  |  | TOTAL CHILE |  |  | 1635394 |
|  |  | COLOMBIA - 0.1% |  |  |  |
| 75000 |  | Ecopetrol S.A. | 6.875 | 04/29/30 | 73007 |
| 300000 |  | Ecopetrol S.A. | 8.875 | 01/13/33 | 300286 |
|  |  | TOTAL COLOMBIA |  |  | 373293 |
|  |  | DENMARK - 0.2% |  |  |  |
| GBP 500,000 |  | Danske Bank A.S. | 2.250 | 01/14/28 | 638565 |
|  |  | TOTAL DENMARK |  |  | 638565 |
|  |  | FRANCE - 1.9% |  |  |  |
| EUR 400,000 | (b) | Airbus SE | 1.375 | 05/13/31 | 418096 |
| EUR 400,000 | (b) | AXA S.A. | 3.375 | 05/31/34 | 456978 |
| EUR 500,000 |  | AXA S.A. | 1.375 | 10/07/41 | 494941 |
| EUR 400,000 | (c),(e) | AXA S.A. | 6.375 | N/A | 478199 |
| GBP 300,000 | (e) | Banque Federative du Credit Mutuel S.A. | 4.875 | 09/25/25 | 399598 |
| 500000 | (c),(d),(f),(g) | BNP Paribas S.A. | 8.500 | N/A | 521142 |
| EUR 500,000 |  | Credit Agricole Assurances S.A. | 1.500 | 10/06/31 | 489870 |
| EUR 200,000 |  | Electricite de France S.A. | 2.000 | 10/02/30 | 214507 |
| EUR 300,000 | (e) | Engie S.A. | 3.625 | 12/06/26 | 345649 |

---

*See Notes to Financial Statements* 15

------

## Consolidated Portfolio of Investments April 30, 2025 (continued)
International Bond

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | FRANCE (continued) |  |  |  |
| EUR 300,000 | (e) | La Poste S.A. | 0.625% | 01/18/36 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;248868 |
| EUR 200,000 | (e) | RTE Reseau de Transport d'Electricite SADIR | 3.750 | 07/04/35 | 231264 |
| EUR 600,000 | (e) | Societe Generale S.A. | 4.000 | 11/16/27 | 702600 |
| EUR 500,000 | (e) | Societe Generale S.A. | 0.500 | 06/12/29 | 523276 |
| EUR 400,000 | (e) | Societe Generale S.A. | 4.875 | 11/21/31 | 480164 |
| EUR 600,000 | (e) | Thales S.A. | 3.625 | 06/14/29 | 701239 |
| EUR 500,000 | (e) | TotalEnergies Capital International S.A. | 3.160 | 03/03/33 | 561572 |
| EUR 500,000 | (e) | TotalEnergies Capital International S.A. | 3.852 | 03/03/45 | 538184 |
|  |  | TOTAL FRANCE |  |  | 7806147 |
|  |  | GERMANY - 2.3% |  |  |  |
| GBP 500,000 | (b) | BMW International Investment BV | 5.000 | 01/24/28 | 669951 |
| EUR 500,000 | (b) | Deutsche Bank AG. | 1.625 | 01/20/27 | 556425 |
| EUR 500,000 | (b) | EnBW International Finance BV | 4.300 | 05/23/34 | 597636 |
| EUR 400,000 | (e) | Fresenius Medical Care AG. | 3.750 | 04/08/32 | 454758 |
| EUR 3,050,000 | (b) | Kreditanstalt fuer Wiederaufbau | 0.000 | 01/10/31 | 3020630 |
| EUR 1,000,000 |  | Kreditanstalt fuer Wiederaufbau | 2.625 | 01/10/34 | 1127892 |
| GBP 300,000 | (b) | Mercedes-Benz International Finance BV | 5.000 | 07/12/27 | 401351 |
| EUR 400,000 | (b) | RWE AG. | 2.750 | 05/24/30 | 452179 |
| EUR 500,000 | (e) | Sartorius Finance BV | 4.375 | 09/14/29 | 593467 |
| EUR 500,000 | (e) | Traton Finance Luxembourg S.A. | 3.375 | 01/14/28 | 573329 |
| EUR 500,000 | (b) | Volkswagen Financial Services Overseas AG. | 3.750 | 09/10/26 | 575232 |
| EUR 500,000 | (b) | Volkswagen International Finance NV | 3.750 | 09/28/27 | 578549 |
| $150000 | (f) | ZF North America Capital, Inc | 6.875 | 04/14/28 | 143224 |
|  |  | TOTAL GERMANY |  |  | 9744623 |
|  |  | GUATEMALA - 0.0% |  |  |  |
| 200000 | (f) | Millicom International Cellular S.A. | 4.500 | 04/27/31 | 178128 |
|  |  | TOTAL GUATEMALA |  |  | 178128 |
|  |  | INDIA - 0.3% |  |  |  |
| 300000 | (f) | Adani Electricity Mumbai Ltd | 3.867 | 07/22/31 | 245595 |
| 200000 | (f) | Bharti Airtel Ltd | 3.250 | 06/03/31 | 182592 |
| 200000 | (f) | CA Magnum Holdings | 5.375 | 10/31/26 | 195536 |
| 250000 | (e) | Power Finance Corp Ltd | 3.350 | 05/16/31 | 227447 |
| 200000 | (e) | Tata Capital Ltd | 5.389 | 07/21/28 | 201238 |
| 225000 | (f) | UltraTech Cement Ltd | 2.800 | 02/16/31 | 199902 |
|  |  | TOTAL INDIA |  |  | 1252310 |
|  |  | INDONESIA - 0.1% |  |  |  |
| 200000 | (e) | Bank Mandiri Persero Tbk PT | 4.900 | 03/24/28 | 199621 |
| 225000 | (f) | Perusahaan Listrik Negara PT | 4.875 | 07/17/49 | 179979 |
|  |  | TOTAL INDONESIA |  |  | 379600 |
|  |  | IRELAND - 0.2% |  |  |  |
| EUR 600,000 | (e) | Bank of Ireland Group plc | 0.375 | 05/10/27 | 664296 |
| EUR 320,000 | (e) | Bank of Ireland Group plc | 5.000 | 07/04/31 | 390180 |
|  |  | TOTAL IRELAND |  |  | 1054476 |
|  |  | ISRAEL - 0.2% |  |  |  |
| 270000 | (d),(f) | Bank Hapoalim BM | 3.255 | 01/21/32 | 257634 |
| 300000 | (d),(f) | Bank Leumi Le-Israel BM | 3.275 | 01/29/31 | 291750 |
| 400000 | (f) | Israel Electric Corp Ltd | 4.250 | 08/14/28 | 388000 |
|  |  | TOTAL ISRAEL |  |  | 937384 |
|  |  | ITALY - 0.4% |  |  |  |
| EUR 500,000 | (b) | Enel Finance International NV | 3.875 | 01/23/35 | 573717 |
| EUR 400,000 | (b) | Eni S.p.A | 0.625 | 01/23/30 | 408016 |
| EUR 500,000 | (b) | Intesa Sanpaolo S.p.A | 5.125 | 08/29/31 | 623335 |
| 200000 | (f) | Intesa Sanpaolo S.p.A | 4.198 | 06/01/32 | 178864 |
|  |  | TOTAL ITALY |  |  | 1783932 |
|  |  | JAPAN - 0.3% |  |  |  |
| EUR 500,000 | (e) | Mizuho Financial Group, Inc | 3.460 | 08/27/30 | 575344 |
| EUR 500,000 | (e) | ORIX Corp | 1.919 | 04/20/26 | 563433 |
|  |  | TOTAL JAPAN |  |  | 1138777 |
|  |  | KAZAKHSTAN - 0.1% |  |  |  |
| 200000 | (f) | QazaqGaz NC JSC | 4.375 | 09/26/27 | 192456 |

---

16 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | KAZAKHSTAN (continued) |  |  |  |
| $200000 (f) | Tengizchevroil Finance Co International Ltd | 2.625% | 08/15/25 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;198000 |
|  | TOTAL KAZAKHSTAN |  |  | 390456 |
|  | KOREA, REPUBLIC OF - 0.1% |  |  |  |
| 250000 (f) | Kia Corp | 2.750 | 02/14/27 | 242617 |
|  | TOTAL KOREA, REPUBLIC OF |  |  | 242617 |
|  | LUXEMBOURG - 0.5% |  |  |  |
| EUR 1,000,000 (f) | Albion Financing 1 SARL | 5.250 | 10/15/26 | 1135991 |
| EUR 500,000 (b) | ArcelorMittal S.A. | 3.125 | 12/13/28 | 566099 |
| EUR 500,000 (e) | ProLogis International Funding II S.A. | 2.375 | 11/14/30 | 551986 |
|  | TOTAL LUXEMBOURG |  |  | 2254076 |
|  | MALAYSIA - 0.1% |  |  |  |
| 240000 (f) | Petronas Capital Ltd | 5.340 | 04/03/35 | 243819 |
|  | TOTAL MALAYSIA |  |  | 243819 |
|  | MEXICO - 0.4% |  |  |  |
| 200000 (f) | Banco Nacional de Comercio Exterior SNC | 5.875 | 05/07/30 | 199104 |
| 200000 (f) | Bimbo Bakeries USA, Inc | 6.050 | 01/15/29 | 208668 |
| 200000 (f) | Comision Federal de Electricidad | 6.450 | 01/24/35 | 191763 |
| 298275 (f) | FIEMEX Energia-Banco Actinver S.A. Institucion de Banca Multiple | 7.250 | 01/31/41 | 295889 |
| 200000 (f) | Nemak SAB de C.V. | 3.625 | 06/28/31 | 161070 |
| 375000 (f) | Orbia Advance Corp SAB de C.V. | 1.875 | 05/11/26 | 371252 |
| 500000 | Petroleos Mexicanos | 6.840 | 01/23/30 | 445367 |
|  | TOTAL MEXICO |  |  | 1873113 |
|  | NETHERLANDS - 0.8% |  |  |  |
| GBP 500,000 (e) | ABN AMRO Bank NV | 4.750 | 10/24/29 | 667196 |
| EUR 700,000 (b) | Cooperatieve Rabobank UA | 4.233 | 04/25/29 | 825897 |
| EUR 500,000 (b) | ING Groep NV | 3.750 | 09/03/35 | 562097 |
| EUR 1,150,000 (f) | VZ Secured Financing BV | 3.500 | 01/15/32 | 1184205 |
|  | TOTAL NETHERLANDS |  |  | 3239395 |
|  | NIGERIA - 0.3% |  |  |  |
| EUR 1,000,000 (f) | BOI Finance BV | 7.500 | 02/16/27 | 1112007 |
|  | TOTAL NIGERIA |  |  | 1112007 |
|  | NORWAY - 0.2% |  |  |  |
| EUR 500,000 (b) | Statkraft AS. | 3.125 | 12/13/26 | 573907 |
| EUR 100,000 (b) | Statnett SF | 3.500 | 06/08/33 | 115958 |
|  | TOTAL NORWAY |  |  | 689865 |
|  | POLAND - 0.1% |  |  |  |
| EUR 150,000 (e) | GTC Aurora Luxembourg S.A. | 2.250 | 06/23/26 | 153806 |
| EUR 250,000 (e) | ORLEN S.A. | 1.125 | 05/27/28 | 267022 |
| EUR 185,000 (b) | Powszechna Kasa Oszczednosci Bank Polski S.A. | 3.875 | 09/12/27 | 211239 |
|  | TOTAL POLAND |  |  | 632067 |
|  | PORTUGAL - 0.1% |  |  |  |
| EUR 500,000 (e) | EDP Servicios Financieros Espana SAU | 4.125 | 04/04/29 | 590393 |
|  | TOTAL PORTUGAL |  |  | 590393 |
|  | QATAR - 0.6% |  |  |  |
| 300000 (e) | CBQ Finance Ltd | 5.375 | 03/28/29 | 306335 |
| CNY 16,000,000 | QNB Finance Ltd | 3.150 | 02/04/26 | 2221006 |
|  | TOTAL QATAR |  |  | 2527341 |
|  | ROMANIA - 0.1% |  |  |  |
| EUR 250,000 (e) | NE Property BV | 2.000 | 01/20/30 | 264430 |
|  | TOTAL ROMANIA |  |  | 264430 |
|  | SINGAPORE - 0.2% |  |  |  |
| EUR 200,000 (e) | Temasek Financial I Ltd | 0.500 | 11/20/31 | 195931 |
| 500000 (f) | United Overseas Bank Ltd | 2.000 | 10/14/31 | 481226 |
|  | TOTAL SINGAPORE |  |  | 677157 |
|  | SOUTH AFRICA - 0.3% |  |  |  |
| 1250000 (e) | Eskom Holdings SOC Ltd | 4.314 | 07/23/27 | 1190625 |
| 300000 | Sasol Financing USA LLC | 5.500 | 03/18/31 | 232229 |
|  | TOTAL SOUTH AFRICA |  |  | 1422854 |
|  | SPAIN - 0.3% |  |  |  |
| GBP 300,000 (e) | Banco Santander S.A. | 5.500 | 06/11/29 | 406349 |
| EUR 500,000 (b) | Cepsa Finance S.A. | 4.125 | 04/11/31 | 574472 |

---

*See Notes to Financial Statements* 17

------

International Bond

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | SPAIN (continued) |  |  |  |
| EUR 400,000 | (b) | Iberdrola Finanzas S.A. | 3.000% | 09/30/31 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;452095 |
|  |  | TOTAL SPAIN |  |  | 1432916 |
|  |  | SWEDEN - 0.1% |  |  |  |
| EUR 500,000 | (e) | Skandinaviska Enskilda Banken AB | 3.000 | 02/10/32 | 561939 |
|  |  | TOTAL SWEDEN |  |  | 561939 |
|  |  | SWITZERLAND - 0.5% |  |  |  |
| EUR 750,000 | (e) | Cloverie plc for Zurich Insurance Co Ltd | 1.500 | 12/15/28 | 812628 |
| EUR 500,000 |  | UBS AG. | 0.500 | 03/31/31 | 487255 |
| EUR 600,000 | (e) | UBS Group AG | 0.250 | 11/05/28 | 637636 |
|  |  | TOTAL SWITZERLAND |  |  | 1937519 |
|  |  | THAILAND - 0.1% |  |  |  |
| $430000 | (f),(g) | Bangkok Bank PCL | 3.466 | 09/23/36 | 378207 |
| 300000 | (f) | Thaioil Treasury Center Co Ltd | 2.500 | 06/18/30 | 254992 |
|  |  | TOTAL THAILAND |  |  | 633199 |
|  |  | UNITED ARAB EMIRATES - 0.1% |  |  |  |
| 200000 | (e) | Abu Dhabi Commercial Bank PJSC | 5.361 | 03/10/35 | 200800 |
| 276672 | (f) | Sweihan PV Power Co PJSC | 3.625 | 01/31/49 | 226877 |
|  |  | TOTAL UNITED ARAB EMIRATES |  |  | 427677 |
|  |  | UNITED KINGDOM - 1.8% |  |  |  |
| EUR 400,000 | (e) | Barclays plc | 0.877 | 01/28/28 | 438870 |
| EUR 400,000 |  | Barclays plc | 0.577 | 08/09/29 | 420145 |
| GBP 200,000 | (e) | Barclays plc | 8.407 | 11/14/32 | 284271 |
| EUR 400,000 | (b) | British Telecommunications plc | 3.875 | 01/20/34 | 460539 |
| EUR 500,000 | (b) | Cadent Finance plc | 3.750 | 04/16/33 | 566277 |
| EUR 285,000 | (f) | ContourGlobal Power Holdings S.A. | 5.000 | 02/28/30 | 324569 |
| UGX 3,000,000,000 | (f) | ICBC Standard Bank plc | 14.250 | 06/26/34 | 652879 |
| GBP 200,000 | (e) | Legal & General Group plc | 6.625 | 04/01/55 | 264606 |
| EUR 400,000 | (e) | Lseg Netherlands BV | 2.750 | 09/20/27 | 455993 |
| EUR 400,000 |  | National Grid Electricity Distribution East Midlands plc | 3.530 | 09/20/28 | 465086 |
| EUR 500,000 | (b) | NatWest Group plc | 3.575 | 09/12/32 | 569404 |
| GBP 300,000 | (b) | NatWest Markets plc | 6.625 | 06/22/26 | 408460 |
| EUR 200,000 | (b) | Reckitt Benckiser Treasury Services plc | 3.625 | 06/20/29 | 234030 |
| EUR 700,000 | (e) | Standard Chartered plc | 1.200 | 09/23/31 | 765548 |
| EUR 500,000 | (e) | Swiss RE Subordinated Finance plc | 3.890 | 03/26/33 | 565356 |
| GBP 600,000 | (f) | Vmed O2 UK Financing I plc | 4.500 | 07/15/31 | 689890 |
|  |  | TOTAL UNITED KINGDOM |  |  | 7565923 |
|  |  | UNITED STATES - 7.2% |  |  |  |
| EUR 450,000 |  | AbbVie, Inc | 2.125 | 06/01/29 | 498537 |
| JPY 100,000,000 |  | Aflac, Inc | 0.550 | 03/12/30 | 669805 |
| EUR 500,000 |  | American Medical Systems Europe BV | 1.625 | 03/08/31 | 524019 |
| EUR 450,000 |  | American Tower Corp | 0.450 | 01/15/27 | 492300 |
| GBP 500,000 |  | AT&T, Inc | 2.900 | 12/04/26 | 648112 |
| EUR 500,000 |  | AT&T, Inc | 2.350 | 09/05/29 | 554189 |
| EUR 400,000 |  | AT&T, Inc | 3.150 | 09/04/36 | 422296 |
| EUR 500,000 | (f) | Avantor Funding, Inc | 3.875 | 07/15/28 | 557984 |
| EUR 500,000 | (e) | Bank of America Corp | 1.662 | 04/25/28 | 555665 |
| EUR 500,000 | (e) | Bank of America Corp | 2.824 | 04/27/33 | 540540 |
| EUR 600,000 |  | Becton Dickinson & Co | 3.519 | 02/08/31 | 690244 |
| EUR 550,000 |  | BP Capital Markets plc | 1.231 | 05/08/31 | 555613 |
| EUR 400,000 | (e) | Carrier Global Corp | 4.500 | 11/29/32 | 482360 |
| EUR 750,000 | (a),(e) | Chubb INA Holdings, Inc | 1.550 | 03/15/28 | 819016 |
| EUR 500,000 |  | Citigroup, Inc | 1.250 | 07/06/26 | 564932 |
| EUR 400,000 |  | Citigroup, Inc, (EURIBOR 3 M + 0.600%) | 3.153 | 05/14/28 | 452112 |
| EUR 500,000 | (b) | CNH Industrial NV | 3.750 | 06/11/31 | 577605 |
| EUR 700,000 |  | Comcast Corp | 0.250 | 05/20/27 | 757410 |
| EUR 750,000 | (f) | Coty, Inc | 3.875 | 04/15/26 | 848380 |
| EUR 400,000 |  | Duke Energy Corp | 3.100 | 06/15/28 | 454628 |
| EUR 400,000 |  | Duke Energy Corp | 3.750 | 04/01/31 | 459814 |
| EUR 500,000 |  | FedEx Corp | 1.625 | 01/11/27 | 558730 |
| EUR 600,000 | (h) | Fiserv Funding ULC | 2.875 | 06/15/28 | 680714 |
| EUR 400,000 |  | Ford Motor Credit Co LLC | 5.125 | 02/20/29 | 469291 |
| EUR 500,000 | (e) | Goldman Sachs Group, Inc | 0.250 | 01/26/28 | 533305 |

---

18 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | UNITED STATES (continued) |  |  |  |
| EUR 300,000 (e) | Goldman Sachs Group, Inc | 3.500% | 01/23/33 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;337819 |
| EUR 295,000 (f) | Goodyear Europe BV | 2.750 | 08/15/28 | 315852 |
| EUR 500,000 | Highland Holdings Sarl | 0.318 | 12/15/26 | 547590 |
| EUR 500,000 | Honeywell International, Inc | 3.750 | 03/01/36 | 562062 |
| EUR 250,000 (f) | IQVIA, Inc | 1.750 | 03/15/26 | 278966 |
| EUR 300,000 | Johnson & Johnson | 2.700 | 02/26/29 | 341841 |
| EUR 400,000 | Johnson & Johnson | 3.200 | 06/01/32 | 460051 |
| EUR 500,000 | Johnson & Johnson | 3.600 | 02/26/45 | 548192 |
| EUR 800,000 (e) | Liberty Mutual Group, Inc | 4.625 | 12/02/30 | 964609 |
| GBP 600,000 | McKesson Corp | 3.125 | 02/17/29 | 759679 |
| EUR 400,000 (e) | Metropolitan Life Global Funding I | 1.750 | 05/25/25 | 452915 |
| GBP 600,000 (e) | Metropolitan Life Global Funding I | 4.125 | 09/02/25 | 797549 |
| EUR 175,000 (e) | Metropolitan Life Global Funding I | 3.625 | 03/26/34 | 202122 |
| EUR 600,000 (e) | Mondelez International Holdings Netherlands BV | 1.250 | 09/09/41 | 450874 |
| EUR 670,000 | Morgan Stanley | 1.342 | 10/23/26 | 754236 |
| EUR 500,000 (e) | National Grid North America, Inc | 4.061 | 09/03/36 | 566880 |
| GBP 400,000 (e) | Nestle Holdings, Inc | 5.250 | 09/21/26 | 539216 |
| EUR 250,000 (f) | OI European Group BV | 6.250 | 05/15/28 | 290429 |
| EUR 100,000 (f) | Organon Finance LLC | 2.875 | 04/30/28 | 107632 |
| $400000 (f) | Organon Finance LLC | 5.125 | 04/30/31 | 335740 |
| GBP 400,000 (e) | Pacific Life Global Funding II | 5.375 | 11/30/28 | 544715 |
| EUR 600,000 | ProLogis Euro Finance LLC | 4.000 | 05/05/34 | 693739 |
| GBP 500,000 (e) | Protective Life Global Funding | 5.248 | 01/13/28 | 678045 |
| EUR 500,000 | Raytheon Technologies Corp | 2.150 | 05/18/30 | 541418 |
| GBP 200,000 (e) | Realty Income Corp | 5.000 | 10/15/29 | 265749 |
| EUR 500,000 | The Procter & Gamble Company | 1.875 | 10/30/38 | 482525 |
| EUR 1,100,000 | Thermo Fisher Scientific Finance I BV | 0.800 | 10/18/30 | 1116294 |
| GBP 600,000 | Time Warner Cable LLC | 5.750 | 06/02/31 | 782765 |
| EUR 700,000 | Verizon Communications, Inc | 1.875 | 10/26/29 | 759948 |
|  | TOTAL UNITED STATES |  |  | 29847053 |
|  | TOTAL CORPORATE BONDS<br> (Cost $90,338,871) |  |  | 89982992 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | GOVERNMENT BONDS - 70.1% |  |  |  |
|  | ANGOLA - 0.3% |  |  |  |
| 1550000 (f) | Angolan Government International Bond | 8.750 | 04/14/32 | 1215820 |
|  | TOTAL ANGOLA |  |  | 1215820 |
|  | AUSTRALIA - 1.8% |  |  |  |
| AUD 1,950,000 | Australia Government Bond | 1.000 | 12/21/30 | 1083308 |
| AUD 1,685,000 | New South Wales Treasury Corp | 3.000 | 04/20/29 | 1052819 |
| AUD 2,400,000 (f) | Queensland Treasury Corp | 1.750 | 07/20/34 | 1187518 |
| AUD 8,300,000 | Treasury Corp of Victoria | 2.250 | 11/20/34 | 4240706 |
|  | TOTAL AUSTRALIA |  |  | 7564351 |
|  | BELGIUM - 1.3% |  |  |  |
| EUR 2,125,000 (f) | Kingdom of Belgium Government Bond | 0.000 | 10/22/27 | 2298605 |
| EUR 1,500,000 (f) | Kingdom of Belgium Government Bond | 0.350 | 06/22/32 | 1448287 |
| EUR 285,000 | Kingdom of Belgium Government Bond | 3.000 | 06/22/34 | 325891 |
| EUR 2,025,000 (f) | Kingdom of Belgium Government Bond | 0.400 | 06/22/40 | 1477377 |
|  | TOTAL BELGIUM |  |  | 5550160 |
|  | BENIN - 0.4% |  |  |  |
| EUR 1,275,000 (f) | Benin Government International Bond | 4.950 | 01/22/35 | 1165646 |
| 750000 (f) | Benin Government International Bond | 8.375 | 01/23/41 | 685500 |
|  | TOTAL BENIN |  |  | 1851146 |
|  | BULGARIA - 0.4% |  |  |  |
| EUR 750,000 (e) | Bulgaria Government International Bond | 4.375 | 05/13/31 | 911359 |

---

*See Notes to Financial Statements* 19

------

International Bond

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | BULGARIA (continued) |  |  |  |
| EUR 700,000 | (e),(h) | Bulgaria Government International Bond | 4.125% | 05/07/38 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;782216 |
|  |  | TOTAL BULGARIA |  |  | 1693575 |
|  |  | CAMEROON - 0.1% |  |  |  |
| EUR 650,000 | (f) | Republic of Cameroon International Bond | 5.950 | 07/07/32 | 537554 |
|  |  | TOTAL CAMEROON |  |  | 537554 |
|  |  | CANADA - 4.5% |  |  |  |
| CAD 3,050,000 | (f) | Canada Housing Trust No | 1.100 | 12/15/26 | 2163208 |
| CAD 3,075,000 | (f) | Canada Housing Trust No | 3.550 | 09/15/32 | 2284078 |
| CAD 1,430,000 |  | Canada Housing Trust No | 3.450 | 03/15/35 | 1037243 |
| CAD 1,825,000 |  | Canadian Government International Bond | 3.500 | 08/01/25 | 1326640 |
| CAD 2,625,000 |  | Canadian Government International Bond | 2.000 | 06/01/28 | 1874973 |
| CAD 1,550,000 |  | Canadian Government International Bond | 3.500 | 09/01/29 | 1163815 |
| CAD 2,425,000 |  | Canadian Government International Bond | 1.500 | 12/01/31 | 1616831 |
| CAD 2,275,000 |  | Canadian Government International Bond | 2.000 | 06/01/32 | 1555733 |
| CAD 1,300,000 |  | Canadian Government International Bond | 5.000 | 06/01/37 | 1113873 |
| CAD 1,350,000 |  | Hydro-Quebec | 4.000 | 02/15/55 | 907906 |
| CAD 1,300,000 |  | Province of Ontario Canada | 2.150 | 06/02/31 | 891112 |
| CAD 1,100,000 |  | Province of Ontario Canada | 1.900 | 12/02/51 | 490109 |
| CAD 1,000,000 |  | Province of Quebec Canada | 2.750 | 09/01/27 | 727905 |
| CAD 2,025,000 |  | Province of Quebec Canada | 5.000 | 12/01/41 | 1590784 |
|  |  | TOTAL CANADA |  |  | 18744210 |
|  |  | CHILE - 0.3% |  |  |  |
| EUR 925,000 |  | Chile Government International Bond | 3.875 | 07/09/31 | 1072475 |
|  |  | TOTAL CHILE |  |  | 1072475 |
|  |  | CHINA - 8.3% |  |  |  |
| CNY 14,900,000 |  | China Government Bond | 2.910 | 10/14/28 | 2149917 |
| CNY 13,800,000 |  | China Government Bond | 2.550 | 10/15/28 | 1964946 |
| CNY 14,300,000 |  | China Government Bond | 2.670 | 05/25/33 | 2114133 |
| CNY 13,900,000 |  | China Government Bond | 2.520 | 08/25/33 | 2034626 |
| CNY 61,600,000 |  | China Government Bond | 2.040 | 11/25/34 | 8734062 |
| CNY 46,820,000 |  | China Government Bond | 1.610 | 02/15/35 | 6427578 |
| CNY 18,900,000 |  | China Government Bond | 3.860 | 07/22/49 | 3562547 |
| CNY 15,000,000 |  | China Government Bond | 3.390 | 03/16/50 | 2652824 |
| CNY 12,700,000 |  | China Government Bond | 3.810 | 09/14/50 | 2407157 |
| CNY 12,400,000 |  | China Government Bond | 3.720 | 04/12/51 | 2337723 |
|  |  | TOTAL CHINA |  |  | 34385513 |
|  |  | COLOMBIA - 0.3% |  |  |  |
| $200000 |  | Colombia Government International Bond | 8.000 | 11/14/35 | 196112 |
| COP 5,710,000,000 |  | Colombian TES | 7.750 | 09/18/30 | 1174316 |
|  |  | TOTAL COLOMBIA |  |  | 1370428 |
|  |  | COTE D'IVOIRE - 0.6% |  |  |  |
| EUR 1,000,000 | (f) | Ivory Coast Government International Bond | 5.875 | 10/17/31 | 1032722 |
| EUR 100,000 | (f) | Ivory Coast Government International Bond | 4.875 | 01/30/32 | 97882 |
| 1425000 | (f) | Ivory Coast Government International Bond | 8.450 | 04/01/36 | 1317193 |
|  |  | TOTAL COTE D'IVOIRE |  |  | 2447797 |
|  |  | CYPRUS - 0.9% |  |  |  |
| EUR 1,100,000 | (e) | Cyprus Government International Bond | 0.625 | 01/21/30 | 1150070 |
| EUR 1,550,000 | (e) | Cyprus Government International Bond | 0.950 | 01/20/32 | 1580843 |
| EUR 575,000 | (e) | Cyprus Government International Bond | 2.750 | 02/26/34 | 647475 |
| EUR 500,000 | (e) | Cyprus Government International Bond | 2.750 | 05/03/49 | 481412 |
|  |  | TOTAL CYPRUS |  |  | 3859800 |
|  |  | DOMINICAN REPUBLIC - 0.5% |  |  |  |
| DOP 43,000,000 | (f) | Dominican Republic Central Bank Notes | 13.000 | 12/05/25 | 731536 |
| 300000 | (f) | Dominican Republic Government International Bond | 7.050 | 02/03/31 | 308745 |
| 750000 | (f) | Dominican Republic Government International Bond | 4.875 | 09/23/32 | 672563 |
| DOP 15,600,000 | (f) | Dominican Republic Government International Bond | 11.250 | 09/15/35 | 275049 |
|  |  | TOTAL DOMINICAN REPUBLIC |  |  | 1987893 |
|  |  | ECUADOR - 0.1% |  |  |  |
| 441250 | (f) | Ecuador Government International Bond (Step Bond) | 5.000 | 07/31/30 | 329438 |
| 309125 | (f) | Ecuador Government International Bond (Step Bond) | 1.000 | 07/31/35 | 185261 |

---

20 *See Notes to Financial Statements*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | ECUADOR (continued) |  |  |  |
| $86000 (f) | Ecuador Government International Bond (Step Bond) | 5.000% | 07/31/40 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;44839 |
|  | TOTAL ECUADOR |  |  | 559538 |
|  | EGYPT - 0.3% |  |  |  |
| 975000 (f) | Egypt Government International Bond | 8.625 | 02/04/30 | 930072 |
| 675000 (f) | Egypt Government International Bond | 8.500 | 01/31/47 | 489726 |
|  | TOTAL EGYPT |  |  | 1419798 |
|  | FRANCE - 3.5% |  |  |  |
| EUR 3,775,000 (f) | French Republic Government Bond OAT | 0.750 | 11/25/28 | 4070453 |
| EUR 2,500,000 | French Republic Government Bond OAT | 2.750 | 02/25/29 | 2886236 |
| EUR 2,150,000 | French Republic Government Bond OAT | 3.500 | 11/25/33 | 2530010 |
| EUR 1,600,000 (f) | French Republic Government Bond OAT | 4.750 | 04/25/35 | 2061884 |
| EUR 2,425,000 (f) | French Republic Government Bond OAT | 0.500 | 05/25/40 | 1782766 |
| EUR 910,000 (f) | French Republic Government Bond OAT | 0.750 | 05/25/52 | 506649 |
| EUR 1,560,000 (f) | French Republic Government Bond OAT | 0.750 | 05/25/53 | 845204 |
|  | TOTAL FRANCE |  |  | 14683202 |
|  | GERMANY - 4.6% |  |  |  |
| EUR 4,675,000 | Bundesrepublik Deutschland | 0.500 | 08/15/27 | 5158210 |
| EUR 645,000 | Bundesrepublik Deutschland | 0.000 | 08/15/29 | 674705 |
| EUR 365,000 | Bundesrepublik Deutschland | 2.100 | 11/15/29 | 416353 |
| EUR 2,550,000 | Bundesrepublik Deutschland | 0.000 | 08/15/31 | 2536749 |
| EUR 1,000,000 | Bundesrepublik Deutschland | 0.000 | 02/15/32 | 979966 |
| EUR 1,110,000 | Bundesrepublik Deutschland | 2.300 | 02/15/33 | 1260299 |
| EUR 5,450,000 | Bundesrepublik Deutschland | 1.000 | 05/15/38 | 5048199 |
| EUR 1,745,000 | Bundesrepublik Deutschland | 0.000 | 08/15/52 | 923230 |
| EUR 1,925,000 (i) | Bundesrepublik Deutschland Bundesanleihe | 2.500 | 02/15/35 | 2191801 |
|  | TOTAL GERMANY |  |  | 19189512 |
|  | GHANA - 0.3% |  |  |  |
| 1009100 (f) | Ghana Government International Bond | 5.000 | 07/03/35 | 686188 |
| 562650 (f) | Ghana Government International Bond (Step Bond) | 5.000 | 07/03/29 | 480250 |
|  | TOTAL GHANA |  |  | 1166438 |
|  | GREECE - 2.2% |  |  |  |
| EUR 575,000 (f) | Hellenic Republic Government International Bond | 3.875 | 03/12/29 | 688858 |
| EUR 2,300,000 (f) | Hellenic Republic Government International Bond | 1.500 | 06/18/30 | 2481401 |
| EUR 1,300,000 (f) | Hellenic Republic Government International Bond | 0.750 | 06/18/31 | 1308237 |
| EUR 1,100,000 (f) | Hellenic Republic Government International Bond | 1.750 | 06/18/32 | 1154864 |
| EUR 725,000 (f) | Hellenic Republic Government International Bond | 3.375 | 06/15/34 | 833949 |
| EUR 738,000 (f) | Hellenic Republic Government International Bond | 3.625 | 06/15/35 | 859378 |
| EUR 750,000 (f) | Hellenic Republic Government International Bond | 4.375 | 07/18/38 | 913760 |
| EUR 650,000 (f) | Hellenic Republic Government International Bond | 4.125 | 06/15/54 | 738818 |
|  | TOTAL GREECE |  |  | 8979265 |
|  | HONDURAS - 0.2% |  |  |  |
| 750000 (f) | Honduras Government International Bond | 8.625 | 11/27/34 | 743625 |
|  | TOTAL HONDURAS |  |  | 743625 |
|  | HUNGARY - 0.9% |  |  |  |
| EUR 550,000 (e) | Hungary Government International Bond | 5.000 | 02/22/27 | 647515 |
| HUF 555,000,000 | Hungary Government International Bond | 4.500 | 03/23/28 | 1484711 |
| 285000 (f) | Hungary Government International Bond | 6.125 | 05/22/28 | 293169 |
| EUR 645,000 (e) | Hungary Government International Bond | 4.000 | 07/25/29 | 746389 |
| EUR 600,000 (e) | Hungary Government International Bond | 1.750 | 06/05/35 | 517029 |
|  | TOTAL HUNGARY |  |  | 3688813 |
|  | INDIA - 0.0% |  |  |  |
| INR 8,150,000 | India Government International Bond | 7.180 | 08/14/33 | 101190 |
|  | TOTAL INDIA |  |  | 101190 |
|  | INDONESIA - 0.5% |  |  |  |
| IDR 12,750,000,000 | Indonesia Treasury Bond | 8.375 | 09/15/26 | 790577 |
| IDR 23,100,000,000 | Indonesia Treasury Bond | 7.000 | 09/15/30 | 1415384 |
|  | TOTAL INDONESIA |  |  | 2205961 |
|  | IRELAND - 0.3% |  |  |  |
| EUR 225,000 | Ireland Government Bond | 1.700 | 05/15/37 | 222477 |
| EUR 550,000 | Ireland Government Bond | 3.000 | 10/18/43 | 606335 |

---

*See Notes to Financial Statements* 21

------

International Bond

---

| | | | | |
|:---|:---|:---|:---|:---|
| PRINCIPAL | DESCRIPTION | RATE | MATURITY | VALUE |
|  | IRELAND (continued) |  |  |  |
| EUR 500,000 | Ireland Government Bond | 1.500% | 05/15/50 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;401067 |
|  | TOTAL IRELAND |  |  | 1229879 |
|  | ITALY - 4.3% |  |  |  |
| EUR 2,575,000 | Italy Buoni Poliennali Del Tesoro | 1.250 | 12/01/26 | 2891182 |
| EUR 2,625,000 | Italy Buoni Poliennali Del Tesoro | 0.950 | 09/15/27 | 2906299 |
| EUR 975,000 | Italy Buoni Poliennali Del Tesoro | 0.250 | 03/15/28 | 1048915 |
| EUR 900,000 | Italy Buoni Poliennali Del Tesoro | 4.000 | 10/30/31 | 1087453 |
| EUR 725,000 (f) | Italy Buoni Poliennali Del Tesoro | 3.150 | 11/15/31 | 829776 |
| EUR 600,000 (f) | Italy Buoni Poliennali Del Tesoro | 3.250 | 07/15/32 | 686048 |
| EUR 1,825,000 | Italy Buoni Poliennali Del Tesoro | 3.850 | 02/01/35 | 2133363 |
| EUR 1,000,000 (f) | Italy Buoni Poliennali Del Tesoro | 3.650 | 08/01/35 | 1144349 |
| EUR 1,150,000 (f) | Italy Buoni Poliennali Del Tesoro | 0.950 | 03/01/37 | 966616 |
| EUR 1,575,000 (f) | Italy Buoni Poliennali Del Tesoro | 5.000 | 08/01/39 | 2006249 |
| EUR 950,000 (f) | Italy Buoni Poliennali Del Tesoro | 1.700 | 09/01/51 | 661138 |
| EUR 1,325,000 (f) | Italy Buoni Poliennali Del Tesoro | 4.300 | 10/01/54 | 1489790 |
|  | TOTAL ITALY |  |  | 17851178 |
|  | JAPAN - 11.4% |  |  |  |
| JPY 13,000,000 | Japan Finance Organization for Municipalities | 0.440 | 08/15/25 | 90900 |
| JPY 21,000,000 | Japan Finance Organization for Municipalities | 0.320 | 01/19/26 | 146564 |
| JPY 30,000,000 | Japan Finance Organization for Municipalities | 0.145 | 02/16/26 | 209019 |
| JPY 14,000,000 | Japan Finance Organization for Municipalities | 0.020 | 05/22/26 | 97237 |
| JPY 268,000,000 | Japan Government Five Year Bond | 0.000 | 09/20/26 | 1859090 |
| JPY 340,000,000 | Japan Government Five Year Bond | 0.300 | 09/20/28 | 2342577 |
| JPY 319,000,000 | Japan Government Five Year Bond | 0.500 | 03/20/29 | 2206255 |
| JPY 242,000,000 | Japan Government Forty Year Bond | 0.700 | 03/20/61 | 892949 |
| JPY 349,000,000 | Japan Government Forty Year Bond | 1.300 | 03/20/63 | 1563083 |
| JPY 284,000,000 | Japan Government Ten Year Bond | 0.100 | 09/20/26 | 1972683 |
| JPY 738,400,000 | Japan Government Ten Year Bond | 0.100 | 12/20/30 | 4936485 |
| JPY 540,000,000 (i) | Japan Government Ten Year Bond | 1.200 | 12/20/34 | 3748858 |
| JPY 457,700,000 | Japan Government Thirty Year Bond | 0.500 | 09/20/46 | 2235706 |
| JPY 73,000,000 | Japan Government Thirty Year Bond | 0.600 | 09/20/50 | 329898 |
| JPY 278,000,000 | Japan Government Thirty Year Bond | 0.700 | 09/20/51 | 1256832 |
| JPY 143,000,000 | Japan Government Thirty Year Bond | 1.300 | 06/20/52 | 752180 |
| JPY 233,000,000 | Japan Government Thirty Year Bond | 1.600 | 12/20/53 | 1295145 |
| JPY 174,000,000 | Japan Government Thirty Year Bond | 2.200 | 06/20/54 | 1108893 |
| JPY 232,000,000 (i) | Japan Government Thirty Year Bond | 2.100 | 09/20/54 | 1444358 |
| JPY 227,000,000 | Japan Government Thirty Year Bond | 2.300 | 12/20/54 | 1476087 |
| JPY 131,800,000 | Japan Government Twenty Year Bond | 2.100 | 03/20/26 | 934486 |
| JPY 278,000,000 | Japan Government Twenty Year Bond | 0.600 | 12/20/36 | 1754058 |
| JPY 256,000,000 | Japan Government Twenty Year Bond | 0.500 | 06/20/38 | 1539005 |
| JPY 660,000,000 | Japan Government Twenty Year Bond | 0.700 | 09/20/38 | 4052324 |
| JPY 185,000,000 | Japan Government Twenty Year Bond | 0.300 | 06/20/39 | 1051799 |
| JPY 380,000,000 | Japan Government Twenty Year Bond | 0.300 | 09/20/39 | 2146715 |
| JPY 267,000,000 | Japan Government Twenty Year Bond | 0.400 | 03/20/40 | 1511473 |
| JPY 212,000,000 | Japan Government Twenty Year Bond | 1.600 | 03/20/44 | 1352329 |
| JPY 450,000,000 | Japan Government Two Year Bond | 0.700 | 02/01/27 | 3149963 |
|  | TOTAL JAPAN |  |  | 47456951 |
|  | KAZAKHSTAN - 0.2% |  |  |  |
| KZT 380,000,000 | Kazakhstan Government Bond-MEOKAM | 13.850 | 06/24/25 | 735381 |
| KZT 74,000,000 | Kazakhstan Government Bond-MEUKAM | 7.200 | 05/27/25 | 143049 |
|  | TOTAL KAZAKHSTAN |  |  | 878430 |
|  | KOREA, REPUBLIC OF - 2.7% |  |  |  |
| KRW 4,350,000,000 | Korea Treasury Bond | 1.375 | 12/10/29 | 2919207 |
| KRW 7,440,000,000 | Korea Treasury Bond | 2.000 | 06/10/31 | 5083772 |
| KRW 1,175,000,000 | Korea Treasury Bond | 2.375 | 12/10/31 | 819264 |
| KRW 1,940,000,000 | Korea Treasury Bond | 2.375 | 09/10/38 | 1333762 |
| KRW 800,000,000 | Korea Treasury Bond | 1.875 | 09/10/41 | 509623 |

---

22 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | KOREA, REPUBLIC OF (continued) |  |  |  |
| KRW 730,000,000 |  | Korea Treasury Bond | 2.500% | 03/10/52 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;511922 |
|  |  | TOTAL KOREA, REPUBLIC OF |  |  | 11177550 |
|  |  | LEBANON - 0.1% |  |  |  |
| $1400000 | (e),(j) | Lebanon Government International Bond | 6.850 | 03/23/27 | 239610 |
|  |  | TOTAL LEBANON |  |  | 239610 |
|  |  | MEXICO - 0.9% |  |  |  |
| MXN 9,900,000 |  | Mexican Bonos | 5.750 | 03/05/26 | 493781 |
| MXN 26,000,000 |  | Mexican Bonos | 8.500 | 11/18/38 | 1207438 |
| EUR 1,000,000 |  | Mexico Government International Bond | 5.125 | 05/04/37 | 1101306 |
| 1025000 |  | Mexico Government International Bond | 6.400 | 05/07/54 | 906579 |
|  |  | TOTAL MEXICO |  |  | 3709104 |
|  |  | NEW ZEALAND - 0.5% |  |  |  |
| NZD 3,980,000 |  | New Zealand Government International Bond | 3.500 | 04/14/33 | 2247493 |
|  |  | TOTAL NEW ZEALAND |  |  | 2247493 |
|  |  | PARAGUAY - 0.2% |  |  |  |
| 400000 | (f) | Paraguay Government International Bond | 6.000 | 02/09/36 | 402300 |
| 225000 | (f) | Paraguay Government International Bond | 6.650 | 03/04/55 | 222469 |
|  |  | TOTAL PARAGUAY |  |  | 624769 |
|  |  | PERU - 0.4% |  |  |  |
| PEN 6,201,000 | (f) | Peruvian Government International Bond | 5.400 | 08/12/34 | 1557904 |
| 210000 |  | Peruvian Government International Bond | 5.375 | 02/08/35 | 206758 |
|  |  | TOTAL PERU |  |  | 1764662 |
|  |  | POLAND - 1.5% |  |  |  |
| 315000 | (f) | Bank Gospodarstwa Krajowego | 6.250 | 10/31/28 | 331023 |
| EUR 800,000 | (e) | Bank Gospodarstwa Krajowego | 4.375 | 03/13/39 | 912110 |
| PLN 9,150,000 |  | Republic of Poland Government International Bond | 5.750 | 04/25/29 | 2527468 |
| PLN 5,400,000 |  | Republic of Poland Government International Bond | 6.000 | 10/25/33 | 1515045 |
| EUR 700,000 | (b) | Republic of Poland Government International Bond | 4.125 | 01/11/44 | 787457 |
| 280000 |  | Republic of Poland Government International Bond | 5.500 | 04/04/53 | 262201 |
|  |  | TOTAL POLAND |  |  | 6335304 |
|  |  | REPUBLIC OF SERBIA - 0.8% |  |  |  |
| EUR 1,700,000 | (f) | Serbia Government International Bond | 1.500 | 06/26/29 | 1726570 |
| EUR 675,000 | (f) | Serbia Government International Bond | 1.650 | 03/03/33 | 607373 |
| RSD 101,500,000 |  | Serbia Treasury Bonds | 4.500 | 08/20/32 | 954261 |
|  |  | TOTAL REPUBLIC OF SERBIA |  |  | 3288204 |
|  |  | ROMANIA - 0.8% |  |  |  |
| RON 7,590,000 |  | Romanian Government International Bond | 8.000 | 04/29/30 | 1760391 |
| EUR 1,650,000 | (f) | Romanian Government International Bond | 2.000 | 04/14/33 | 1383200 |
|  |  | TOTAL ROMANIA |  |  | 3143591 |
|  |  | RWANDA - 0.2% |  |  |  |
| 1225000 | (f) | Rwanda International Government Bond | 5.500 | 08/09/31 | 960204 |
|  |  | TOTAL RWANDA |  |  | 960204 |
|  |  | SENEGAL - 0.3% |  |  |  |
| EUR 525,000 | (f) | Senegal Government International Bond | 4.750 | 03/13/28 | 501099 |
| EUR 825,000 | (f) | Senegal Government International Bond | 5.375 | 06/08/37 | 595101 |
|  |  | TOTAL SENEGAL |  |  | 1096200 |
|  |  | SOUTH AFRICA - 0.7% |  |  |  |
| ZAR 20,900,000 |  | Republic of South Africa Government International Bond | 8.875 | 02/28/35 | 1009329 |
| 1175000 | (f) | Republic of South Africa Government International Bond | 7.100 | 11/19/36 | 1119968 |
| ZAR 7,800,000 |  | Republic of South Africa Government International Bond | 8.750 | 01/31/44 | 325085 |
| 500000 |  | Republic of South Africa Government International Bond | 7.300 | 04/20/52 | 428813 |
|  |  | TOTAL SOUTH AFRICA |  |  | 2883195 |
|  |  | SPAIN - 3.5% |  |  |  |
| EUR 1,095,000 | (f) | Spain Government International Bond | 1.400 | 07/30/28 | 1214497 |
| EUR 1,875,000 | (f) | Spain Government International Bond | 0.600 | 10/31/29 | 1971706 |
| EUR 985,000 | (f) | Spain Government International Bond | 0.100 | 04/30/31 | 966290 |
| EUR 1,625,000 | (e),(f) | Spain Government International Bond | 3.250 | 04/30/34 | 1876677 |
| EUR 975,000 | (f) | Spain Government International Bond | 3.150 | 04/30/35 | 1108217 |
| EUR 2,175,000 | (f) | Spain Government International Bond | 3.900 | 07/30/39 | 2567929 |

---

*See Notes to Financial Statements* 23

------

International Bond

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | SPAIN (continued) |  |  |  |
| EUR 6,000,000 | (f) | Spain Government International Bond | 1.200% | 10/31/40 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4885417 |
|  |  | TOTAL SPAIN |  |  | 14590733 |
|  |  | SUPRANATIONAL - 0.9% |  |  |  |
| EUR 650,000 | (f) | Banque Ouest Africaine de Developpement | 2.750 | 01/22/33 | 620047 |
| INR 33,000,000 |  | Inter-American Development Bank | 7.000 | 04/17/33 | 400637 |
| INR 41,300,000 |  | International Bank for Reconstruction & Development | 5.500 | 01/21/27 | 478136 |
| IDR 31,200,000,000 |  | International Bank for Reconstruction & Development | 6.250 | 01/12/28 | 1883274 |
| GBP 400,000 | (e) | International Finance Facility for Immunisation Co | 2.750 | 06/07/25 | 532024 |
|  |  | TOTAL SUPRANATIONAL |  |  | 3914118 |
|  |  | THAILAND - 0.2% |  |  |  |
| THB 27,500,000 |  | Thailand Government International Bond | 3.300 | 06/17/38 | 936115 |
|  |  | TOTAL THAILAND |  |  | 936115 |
|  |  | TURKEY - 0.3% |  |  |  |
| EUR 1,000,000 |  | Turkiye Government International Bond | 5.875 | 05/21/30 | 1168255 |
|  |  | TOTAL TURKEY |  |  | 1168255 |
|  |  | UKRAINE - 0.1% |  |  |  |
| $250000 | (f),(i) | Ukraine Government International Bond | 1.750 | 02/01/29 | 151625 |
| 363440 | (f) | Ukraine Government International Bond | 0.000 | 02/01/35 | 180811 |
| 73700 | (f) | Ukraine Government International Bond | 0.000 | 02/01/36 | 36482 |
|  |  | TOTAL UKRAINE |  |  | 368918 |
|  |  | UNITED KINGDOM - 4.9% |  |  |  |
| GBP 900,000 |  | United Kingdom Gilt | 1.625 | 10/22/28 | 1123175 |
| GBP 1,735,000 |  | United Kingdom Gilt | 0.500 | 01/31/29 | 2057334 |
| GBP 450,000 |  | United Kingdom Gilt | 0.250 | 07/31/31 | 479773 |
| GBP 2,100,000 |  | United Kingdom Gilt | 4.000 | 10/22/31 | 2787438 |
| GBP 660,000 |  | United Kingdom Gilt | 3.250 | 01/31/33 | 824425 |
| GBP 1,100,000 |  | United Kingdom Gilt | 0.875 | 07/31/33 | 1124276 |
| GBP 760,000 |  | United Kingdom Gilt | 4.625 | 01/31/34 | 1035794 |
| GBP 3,895,000 |  | United Kingdom Gilt | 1.750 | 09/07/37 | 3803651 |
| GBP 1,300,000 |  | United Kingdom Gilt | 3.750 | 01/29/38 | 1582390 |
| GBP 1,450,000 |  | United Kingdom Gilt | 1.250 | 10/22/41 | 1144773 |
| GBP 900,000 |  | United Kingdom Gilt | 0.875 | 01/31/46 | 560409 |
| GBP 1,200,000 |  | United Kingdom Gilt | 4.250 | 12/07/49 | 1398803 |
| GBP 2,760,000 |  | United Kingdom Gilt | 0.625 | 10/22/50 | 1382337 |
| GBP 900,000 |  | United Kingdom Gilt | 4.375 | 07/31/54 | 1050322 |
|  |  | TOTAL UNITED KINGDOM |  |  | 20354900 |
|  |  | UNITED STATES - 1.9% |  |  |  |
| 2090000 | (a),(f) | Connecticut Avenue Securities Trust, (SOFR30A + 3.100%) | 7.454 | 03/25/42 | 2148278 |
| 1000000 | (a),(f) | Connecticut Avenue Securities Trust, (SOFR30A + 3.100%) | 7.453 | 06/25/43 | 1040192 |
| 2855000 | (a),(f) | Connecticut Avenue Securities Trust, (SOFR30A + 2.700%) | 7.054 | 07/25/43 | 2945661 |
| 1670000 | (a),(f) | Freddie Mac STACR REMIC Trust, (SOFR30A + 3.250%) | 7.603 | 04/25/43 | 1747573 |
|  |  | TOTAL UNITED STATES |  |  | 7881704 |
|  |  | URUGUAY - 0.3% |  |  |  |
| 450000 |  | Oriental Republic of Uruguay | 5.250 | 09/10/60 | 405797 |
| UYU 40,600,000 |  | Uruguay Government International Bond | 8.250 | 05/21/31 | 903027 |
|  |  | TOTAL URUGUAY |  |  | 1308824 |
|  |  | UZBEKISTAN - 0.4% |  |  |  |
| UZS 7,970,000,000 | (f) | Republic of Uzbekistan International Bond | 16.625 | 05/29/27 | 627332 |
| 1150000 | (f) | Republic of Uzbekistan International Bond | 6.900 | 02/28/32 | 1149885 |
|  |  | TOTAL UZBEKISTAN |  |  | 1777217 |
|  |  | TOTAL GOVERNMENT BONDS<br> (Cost $311,205,221) |  |  | 292205172 |
| PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | STRUCTURED ASSETS - 5.0% |  |  |  |
|  |  | IRELAND - 2.0% |  |  |  |
| 837843 | (a),(f) | Atom Mortgage Securities DAC, (SONIA Interest Rate Benchmark + 1.900%), Series 2021 1A | 6.383 | 07/22/31 | 1036281 |
| 1126752 | (a),(f) | Bruegel 2021 DAC, (EURIBOR 3 M + 2.470%), Series 2021 1A | 5.004 | 05/22/31 | 1212926 |
| 1835082 | (a),(f) | Frost CMBS DAC, (SONIA Interest Rate Benchmark + 2.900%), Series 2021 1A | 7.380 | 11/20/33 | 2409230 |
| 1079778 | (a),(f) | Last Mile Securities, (EURIBOR 3 M + 2.350%), Series 2021 1A | 4.906 | 08/17/31 | 1219377 |

---

24 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | IRELAND (continued) |  |  |  |
| $347448 | (a),(f) | Taurus UK DAC, (SONIA Interest Rate Benchmark + 1.300%), Series 2021 UK1A | 5.781% | 05/17/31 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;461242 |
| 1035395 | (a),(f) | Taurus UK DAC, (SONIA Interest Rate Benchmark + 1.650%), Series 2021 UK1A | 6.131 | 05/17/31 | 1372251 |
| 297813 | (a),(f) | Taurus UK DAC, (SONIA Interest Rate Benchmark + 2.600%), Series 2021 UK1A | 7.081 | 05/17/31 | 394637 |
| 308990 | (a),(f) | Thunder Logistics DAC, (EURIBOR 3 M + 2.550%), Series 2024 1A | 5.106 | 11/17/36 | 352143 |
|  |  | TOTAL IRELAND |  |  | 8458087 |
|  |  | ITALY - 0.3% |  |  |  |
| 885447 | (a),(f) | Cassia SRL, (EURIBOR 3 M + 3.500%), Series 2022 1A | 6.034 | 05/22/34 | 1002832 |
|  |  | TOTAL ITALY |  |  | 1002832 |
|  |  | UNITED STATES - 2.7% |  |  |  |
| 2000000 | (a),(f) | Alen Mortgage Trust, (TSFR1M + 2.364%), Series 2021 ACEN | 6.686 | 04/15/34 | 1400000 |
| 825000 | (f) | Avis Budget Rental Car Funding AESOP LLC, Series 2023 8A | 6.660 | 02/20/30 | 857713 |
| 300000 | (a),(f) | BX Commercial Mortgage Trust, Series 2024 PURE | 5.816 | 11/15/41 | 218114 |
| 155448 |  | Carvana Auto Receivables Trust, Series 2021 N2 | 1.270 | 03/10/28 | 150341 |
| 1000000 | (f) | Cologix Data Centers US Issuer LLC, Series 2021 1A | 3.300 | 12/26/51 | 952215 |
| 1500000 | (a) | COMM Mortgage Trust, Series 2015 CR24 | 4.497 | 08/10/48 | 1401694 |
| 500000 | (f) | Compass Datacenters Issuer III LLC, Series 2025 1A | 5.656 | 02/25/50 | 499791 |
| 1100000 | (a),(f) | Connecticut Avenue Securities Trust, (SOFR30A + 3.500%), Series 2022 R03 | 7.854 | 03/25/42 | 1137684 |
| 1000000 | (a),(f) | Connecticut Avenue Securities Trust, (SOFR30A + 3.600%), Series 2022 R08 | 7.954 | 07/25/42 | 1039553 |
| 250887 | (f) | Diamond Resorts Owner Trust, Series 2021 1A | 2.700 | 11/21/33 | 247885 |
| 1498256 | (a),(f) | ELP Commercial Mortgage Trust, (TSFR1M + 2.781%), Series 2021 ELP | 7.103 | 11/15/38 | 1486908 |
| 1350000 | (f) | Frontier Issuer LLC, Series 2024 1 | 6.190 | 06/20/54 | 1389411 |
| 108008 | (f) | MVW LLC, Series 2021 1WA | 1.940 | 01/22/41 | 102404 |
| 217996 | (f) | Oportun Issuance Trust, Series 2021 B | 1.960 | 05/08/31 | 212489 |
| 217996 | (f) | Oportun Issuance Trust, Series 2021 B | 3.650 | 05/08/31 | 214695 |
|  |  | TOTAL UNITED STATES |  |  | 11310897 |
|  |  | TOTAL STRUCTURED ASSETS<br> (Cost $21,579,022) |  |  | 20771816 |
|  |  | TOTAL LONG-TERM INVESTMENTS<br> (Cost $423,768,443) |  |  | 403599925 |
| SHARES |  | DESCRIPTION | RATE |  | VALUE |
|  |  | INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING - 0.1% |  |  |  |
| 657855 | (k) | State Street Navigator Securities Lending Government Money Market Portfolio | 4.360 (l) |  | 657855 |
|  |  | TOTAL INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING<br> (Cost $657,855) |  |  | 657855 |
| PRINCIPAL |  | DESCRIPTION | RATE | MATURITY | VALUE |
|  |  | SHORT-TERM INVESTMENTS - 3.6% |  |  |  |
|  |  | REPURCHASE AGREEMENT - 3.6% |  |  |  |
| 14957000 | (m) | Bank of New York Mellon Corp | 4.370 | 05/01/25 | 14957000 |
|  |  | TOTAL REPURCHASE AGREEMENT |  |  | 14957000 |
|  |  | TOTAL SHORT-TERM INVESTMENTS<br> (Cost $14,957,000) |  |  | 14957000 |
|  |  | TOTAL INVESTMENTS - 100.5%<br> (Cost $439,383,298) |  |  | 419214780 |
|  |  | OTHER ASSETS & LIABILITIES, NET - (0.5)% |  |  | (2147164) |
|  |  | NET ASSETS - 100.0% |  |  | $417067616 |

---

*See Notes to Financial Statements* 25

------

International Bond

AUD Australian Dollar

CAD Canadian Dollar

CNY Chinese Yuan

COP Colombia Peso

DOP Dominican Republic Peso

---

| | |
|:---|:---|
| EUR | Euro  |

---

EURIBOR EURO Interbank Offer Rate

GBP Pound Sterling

HUF Hungary Forint

IDR Indonesian Rupiah

INR Indian Rupee

JPY Japanese Yen

KRW South Korean Won

KZT Kazakhstani Tenge

M Month 

MXN Mexican Peso

NZD New Zealand Dollar

PEN Peruvian Sol

PLN Polish Zloty

REMIC Real Estate Mortgage Investment Conduit

RON Romanian Leu

RSD Serbian Dinar

SOFR30A 30 Day Average Secured Overnight Financing Rate

SONIA Sterling Overnight Interbank Average Rate

THB Thai Baht

TSFR1M CME Term Secured Overnight Financing Rate 1 Month

UGX Ugandan Shilling

UYU Uruguayan Peso

UZS Uzbekistani Som

ZAR South African Rand

(a) Floating or variable rate security includes the reference rate and spread, unless the variable rate is based on the underlying asset of the security. Coupon rate reflects the rate at period end.

(b) All or a portion of this security is owned by Nuveen International Bond Taxable Offshore Limited which is a 100% owned subsidiary of the fund.

(c) Perpetual security. Maturity date is not applicable.

(d) Contingent Capital Securities ("CoCos") are debt or preferred securities with loss absorption characteristics built into the terms of the security for the benefit of the issuer, for example an automatic write-down of principal or a mandatory conversion into the issuer's common stock under certain adverse circumstances, such as the issuer's capital ratio falling below a specified level. As of the end of the reporting period, the Fund's total investment in CoCos was 0.4% of Total Investments.

(e) All or a portion of this security is owned by Nuveen International Bond Offshore Limited which is a 100% owned subsidiary of the fund.

(f) Security is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities are deemed liquid and may be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. As of the end of the reporting period, the aggregate value of these securities is $120,087,875 or 28.6% of Total Investments.

(g) All or a portion of these securities are out on loan. The aggregate value of securities on loan is $638,864.

(h) When-issued or delayed delivery security.

(i) Principal amount for interest accrual purposes is periodically adjusted based on changes in the Consumer Price Index.

(j) Defaulted security. A security whose issuer has failed to fully pay principal and/or interest when due, or is under the protection of bankruptcy.

(k) Investments made with cash collateral received from securities on loan.

(l) The rate shown is the one-day yield as of the end of the reporting period.

(m) Agreement with Bank of New York Mellon Corp, 4.370% dated 4/30/25 to be repurchased at $15,211,240 on 5/1/25, collateralized by Government Agency Securities, with coupon rate 4.625% and maturity date 6/15/27, valued at $15,256,162.

Principal denominated in U.S. Dollars, unless otherwise noted.

26 *See Notes to Financial Statements*

------

Investments in Derivatives

Forward Foreign Currency Contracts

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Currency<br>Purchased | Receive | Deliver | Deliver | Counterparty | Settlement Date | Unrealized<br>Appreciation<br>(Depreciation) |
|  $ | 34030915 |  | 245750000 | Australia and New Zealand Banking Group Limited | 08/15/25 | $(49593) |
|  $ | 154806225 |  | 139587175 | Australia and New Zealand Banking Group Limited | 07/11/25 | (4050786) |
|  $ | 2048228 |  | 70113516 | Australia and New Zealand Banking Group Limited | 07/14/25 | (62586) |
|  $ | 7057641 |  | 11678218 | Bank of America | 07/11/25 | (429131) |
|  $ | 18478985 |  | 26077448 | Bank of America | 07/11/25 | (506410) |
|  $ | 12445493 |  | 11175919 | Bank of America | 07/11/25 | (290117) |
|  $ | 686612 |  | 599550 | Bank of America | 07/11/25 | 4295 |
|  $ | 2123034 |  | 1656982 | Bank of America | 07/11/25 | (88221) |
|  EUR | 599550 | $— | 683850 | Bank of America | 05/07/25 | (4361) |
|  EUR | 889112 | $— | 1016403 | Bank of America | 07/11/25 | (4550) |
|  EUR | 413652 | $— | 472879 | Bank of America | 07/11/25 | (1498) |
|  EUR | 1225065 | $— | 1415527 | Bank of America | 07/11/25 | (21343) |
|  EUR | 614594 | $— | 710521 | Bank of America | 07/11/25 | (10155) |
|  EUR | 480102 | $— | 553780 | Bank of America | 07/11/25 | (7400) |
|  EUR | 319409 | $— | 365791 | Bank of America | 07/11/25 | (2288) |
|  GBP | 3111343 | $— | 4025251 | Bank of America | 07/11/25 | 122396 |
|  GBP | 964246 | $— | 1270405 | Bank of America | 07/11/25 | 15004 |
|  $ | 1246203 |  | 24811021 | Bank of America | 05/14/25 | (86137) |
|  EUR | 137006 | $— | 158012 | Barclays Bank PLC | 07/11/25 | (2092) |
|  $ | 40664428 |  | 31691922 | Citibank N.A. | 07/11/25 | (1583215) |
|  $ | 4037182 |  | 68859380000 | Citibank N.A. | 07/14/25 | (110712) |
|  $ | 10760444 |  | 15771690000 | Citibank N.A. | 07/14/25 | (363693) |
|  $ | 1846285 |  | 8323307 | Citibank N.A. | 05/14/25 | (46674) |
|  $ | 712071 |  | 263677623 | Morgan Stanley | 05/14/25 | (25980) |
|  $ | 48225627 |  | 6894079615 | Morgan Stanley | 07/11/25 | (386582) |
|  EUR | 685825 | $— | 781654 | Morgan Stanley | 05/07/25 | (4388) |
|  EUR | 1767575 | $— | 2021348 | Morgan Stanley | 07/11/25 | (9761) |
|  EUR | 415931 | $— | 475559 | Morgan Stanley | 07/11/25 | (2209) |
|  EUR | 511275 | $— | 584538 | Morgan Stanley | 07/11/25 | (2683) |
|  EUR | 472488 | $— | 542819 | Morgan Stanley | 07/11/25 | (5104) |
|  NZD | 1800000 | $— | 1070203 | Morgan Stanley | 07/11/25 | 1421 |
|  $ | 3016251 |  | 21795731 | Standard Chartered Bank | 08/15/25 | (6372) |
|  $ | 684759 |  | 599844 | Standard Chartered Bank | 07/11/25 | 2107 |
|  $ | 986141 |  | 20786180 | Standard Chartered Bank | 05/14/25 | (71722) |
|  $ | 762953 |  | 2877019 | Standard Chartered Bank | 07/14/25 | (19942) |
|  GBP | 1351982 | $— | 1788071 | Standard Chartered Bank | 07/11/25 | 14220 |
|  THB | 38767114 | $— | 1171074 | Standard Chartered Bank | 07/14/25 | (3964) |
|  $ | 3078545 |  | 5496053 | Toronto Dominion Bank | 07/11/25 | (193511) |
|  $ | 3043561 |  | 11846117 | Toronto Dominion Bank | 05/14/25 | (89063) |
| Total |  |  |  |  |  | $(8382800) |
|  Total unrealized appreciation on forward foreign currency contracts | Total unrealized appreciation on forward foreign currency contracts | Total unrealized appreciation on forward foreign currency contracts | Total unrealized appreciation on forward foreign currency contracts | Total unrealized appreciation on forward foreign currency contracts | Total unrealized appreciation on forward foreign currency contracts | $159443 |
|  Total unrealized depreciation on forward foreign currency contracts | Total unrealized depreciation on forward foreign currency contracts | Total unrealized depreciation on forward foreign currency contracts | Total unrealized depreciation on forward foreign currency contracts | Total unrealized depreciation on forward foreign currency contracts | Total unrealized depreciation on forward foreign currency contracts | $(8542243) |

---

AUD Australian Dollar

CAD Canadian Dollar CNH Chinese Yuan Renminbi Offshore

---

| | |
|:---|:---|
| EUR | Euro  |

---

GBP Pound Sterling

HUF Hungary Forint

IDR Indonesia Rupiah

JPY Japanese Yen

KRW South Korean Won

MXN Mexican Peso

NZD New Zealand Dollar

PEN Peruvian Sol

PLN Polish Zloty

RON Romanian Leu

THB Thai Baht

ZAR South African Rand

*See Notes to Financial Statements* 27

------

## Statement of Assets and Liabilities

---

| | | |
|:---|:---|:---|
| April 30, 2025 (Unaudited) | Emerging Markets Debt | International Bond<sup>§</sup> |
|  ASSETS |  |  |
|  Long-term investments, at value<sup>\*†</sup> | $494095405 | $403599925 |
|  Short-term investments, at value<sup>#</sup> | 11039000 | 14957000 |
|  Investments purchased with collateral from securities lending, at value (cost approximates value) | 9227727 | 657855 |
|  Cash | 106610 | 114627 |
|  Cash denominated in foreign currencies<sup>^</sup> | 1104354 | 1040553 |
|  Receivables: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Interest | 8244286 | 3776825 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments sold | 5177266 | 1180164 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reclaims |  | 62124 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Reimbursement from Adviser | 176470 | 200293 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shares sold | 1598487 | 2705422 |
|  Unrealized appreciation on forward foreign currency contracts |  | 159443 |
|  Other | 35010 | 17331 |
|  Total assets | 530804615 | 428471562 |
|  LIABILITIES |  |  |
|  Due to affiliates | 7995 | 7889 |
|  Payables: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Management fees | 228763 | 169874 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Collateral from securities lending | 9227727 | 657855 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital gain taxes | 19559 | 9368 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments purchased - regular settlement | 5977569 | 408658 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments purchased - when-issued/delayed-delivery settlement | 4373936 | 1456138 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shares redeemed | 1019024 | 31080 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Service agreement fees | 7302 | 4425 |
|  Unrealized depreciation on forward foreign currency contracts | 129863 | 8542243 |
|  Accrued expenses: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Custodian fees | 24268 | 49409 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Professional fees | 27113 | 28818 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shareholder reporting expenses | 20886 | 15877 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shareholder servicing agent fees | 10549 | 965 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Trustees fees | 30630 | 18086 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 12b-1 distribution and service fees | 2982 | 242 |
|  Other | 900 | 3019 |
|  Total liabilities | 21109066 | 11403946 |
|  Net assets | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;509695549 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;417067616 |
|  NET ASSETS CONSIST OF: |  |  |
|  Paid-in capital | $601950858 | $480920876 |
|  Total distributable earnings (loss) | (92255309) | (63853260) |
|  Net assets | $509695549 | $417067616 |
|  <sup>§</sup> Consolidated Statement of Assets and Liabilities (see Notes to Financial Statements) |  |  |
|  <sup>\*</sup> Includes securities loaned of | $8880709 | $638864 |
|  <sup>†</sup> Long-term investments, cost | $536066024 | $423768443 |
|  <sup>#</sup> Short-term investments, cost | $11039000 | $14957000 |
|  <sup>^</sup> Cash denominated in foreign currencies, cost | $1117787 | $1373758 |

---

28 *See Notes to Financial Statements*

------

---

| | | |
|:---|:---|:---|
| April 30, 2025 (Unaudited) | Emerging Markets Debt | International Bond<sup>§</sup> |
|  CLASS A: |  |  |
|  Net assets | $14248219 | $1077855 |
|  Shares outstanding | 1671104 | 123433 |
|  Net asset value ("NAV") per share | $8.53 | $8.73 |
|  Maximum sales charge | 4.00% | 4.00% |
|  Offering price per share (NAV per share plus maximum sales charge) | $8.89 | $9.09 |
|  CLASS I: |  |  |
|  Net assets | $17148883 | $1768881 |
|  Shares outstanding | 2003299 | 202112 |
|  NAV and offering price per share | $8.56 | $8.75 |
|  PREMIER CLASS: |  |  |
|  Net assets | $213355 | $90535 |
|  Shares outstanding | 25002 | 10285 |
|  NAV and offering price per share | $8.53 | $8.80 |
|  CLASS R6: |  |  |
|  Net assets | $108659235 | $1221146 |
|  Shares outstanding | 12728527 | 139699 |
|  NAV and offering price per share | $8.54 | $8.74 |
|  RETIREMENT CLASS: |  |  |
|  Net assets | $23990381 | $25456212 |
|  Shares outstanding | 2813532 | 2916236 |
|  NAV and offering price per share | $8.53 | $8.73 |
|  CLASS W: |  |  |
|  Net assets | $345435476 | $387452987 |
|  Shares outstanding | 40467668 | 44210631 |
|  NAV and offering price per share | $8.54 | $8.76 |
|  Authorized shares - per class | Unlimited | Unlimited |
|  Par value per share | $0.0001 | $0.0001 |

---

See Notes to Financial Statements 29

------

## Statement of Operations

---

| | | |
|:---|:---|:---|
| Six Months Ended April 30, 2025 (Unaudited) | Emerging Markets Debt | International Bond<sup>§</sup> |
|  INVESTMENT INCOME |  |  |
|  Dividends | $797095 | $– |
|  Interest | 19386891 | 7595752 |
|  Securities lending income, net | 21998 | 1740 |
|  Tax withheld | (37288) | (12785) |
|  Total investment income | 20168696 | 7584707 |
|  EXPENSES |  |  |
|  Management fees | 1438468 | 1027619 |
|  12b-1 distribution and service fees — Class A | 16980 | 1409 |
|  12b-1 distribution and service fees — Premier Class | 160 | 67 |
|  Shareholder servicing agent fees — Class A | 16195 | 805 |
|  Shareholder servicing agent fees — Class I | 6202 | 170 |
|  Shareholder servicing agent fees — Premier Class | 28 | 39 |
|  Shareholder servicing agent fees — Class R6 | 644 | 170 |
|  Shareholder servicing agent fees — Retirement Class | 31154 | 11693 |
|  Shareholder servicing agent fees — Class W | 352 | 368 |
|  Administrative service fees | 24039 | 23443 |
|  Trustees fees | 2616 | 1979 |
|  Custodian expenses | 36487 | 70336 |
|  Overdraft expense | 231 | 2884 |
|  Professional fees | 27193 | 44986 |
|  Registration fees | 29285 | 28707 |
|  Shareholder reporting expenses | 32886 | 26980 |
|  Other | 14056 | 18329 |
|  Total expenses | 1676976 | 1259984 |
|  Expenses reimbursed by the investment adviser | (1102470) | (1204392) |
|  Net expenses | 574506 | 55592 |
|  Net investment income (loss) | 19594190 | 7529115 |
|  REALIZED AND UNREALIZED GAIN (LOSS) |  |  |
|  Realized gain (loss): |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments<sup>\*</sup> | (3098127) | (3282360) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward foreign currency contracts | (34219) | (151739) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign currency transactions | (1958927) | (1476242) |
|  Net realized gain (loss) | (5091273) | (4910341) |
|  Change in unrealized appreciation (depreciation) on: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Investments<sup>‡</sup> | (4342940) | 18662954 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward foreign currency contracts | (166037) | (11399235) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Foreign currency translations | 69760 | 147641 |
|  Net change in unrealized appreciation (depreciation) | (4439217) | 7411360 |
|  Net realized and unrealized gain (loss) | (9530490) | 2501019 |
|  Net increase (decrease) in net assets from operations | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10063700 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10030134 |
|  <sup>§</sup> Consolidated Statement of Operations (see Notes to Financial Statements) |  |  |
|  \* Net of foreign capital gains tax | $– | $27619 |
|  <sup>‡</sup> Net of change in unrealized foreign capital gains taxes | $(14657) | $(9368) |

---

30 *See Notes to Financial Statements*

------

## Statement of Changes in Net Assets

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Emerging Markets Debt | Emerging Markets Debt | International Bond<sup>§</sup> | International Bond<sup>§</sup> |
| | Unaudited<br>Six Months Ended<br>4/30/25 | Year Ended<br>10/31/24 | Unaudited<br>Six Months Ended<br>4/30/25 | Year Ended <br>10/31/24 |
|  OPERATIONS |  |  |  |  |
|  Net investment income (loss) | $19594190 | $35321206 | $7529115 | $15064213 |
|  Net realized gain (loss) | (5091273) | (14845998) | (4910341) | (16419042) |
|  Net change in unrealized appreciation (depreciation) | (4439217) | 71756848 | 7411360 | 43700273 |
|  Net increase (decrease) in net assets from operations | 10063700 | 92232056 | 10030134 | 42345444 |
|  DISTRIBUTIONS TO SHAREHOLDERS |  |  |  |  |
|  Dividends: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (424572) | (689714) | (17135) |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (578318) | (837600) | (25888) | (2218) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | (7204) | (11419) | (1599) | (80) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (3744915) | (5776097) | (14292) | (1812) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (814708) | (1252812) | (84576) | (519) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | (13607144) | (22845370) | (10424215) | (3196948) |
|  Total distributions | (19176861) | (31413012) | (10567705) | (3201577) |
|  FUND SHARE TRANSACTIONS |  |  |  |  |
|  Subscriptions | 59873000 | 173792811 | 50609891 | 94197342 |
|  Reinvestments of distributions | 5551520 | 8480073 | 138986 | 4349 |
|  Redemptions | (95135311) | (143501985) | (53858569) | (85743536) |
|  Net increase (decrease) from Fund share transactions | (29710791) | 38770899 | (3109692) | 8458155 |
|  Net increase (decrease) in net assets | (38823952) | 99589943 | (3647263) | 47602022 |
|  Net assets at the beginning of period | 548519501 | 448929558 | 420714879 | 373112857 |
|  Net assets at the end of period | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;509695549 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;548519501 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;417067616 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420714879 |

---

<sup>§</sup> Consolidated Statement of Changes in Net Assets (see Notes to Financial Statements)

See Notes to Financial Statements 31

------

## Financial Highlights
The following data is for a share outstanding for each fiscal year end unless otherwise noted:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | Investment Operations | Investment Operations | Investment Operations | Less Distributions | Less Distributions | Less Distributions | |
| |<br>Net Asset<br>Value,<br>Beginning<br>of Period | Net<br>Investment<br>Income<br>(Loss)<sup>(a)</sup> | Net Realized/<br>Unrealized<br>Gain (Loss) | Total | From Net<br>Investment<br>Income | From Net<br>Realized<br>Gains | Total |<br>Net Asset<br>Value<br>End of<br>Period |
|  Emerging Markets Debt |  |  |  |  |  |  |  |  |
|  Class A: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | $8.68 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.28 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.15) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.13 | $(0.28) | $— | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.28) | $8.53 |
|  10/31/24 | 7.67 | 0.51 | 0.95 | 1.46 | (0.45) |  | (0.45) | 8.68 |
|  10/31/23 | 7.34 | 0.45 | 0.33 | 0.78 | (0.45) |  | (0.45) | 7.67 |
|  10/31/22 | 9.97 | 0.50 | (2.67) | (2.17) | (0.46) |  | (0.46) | 7.34 |
|  10/31/21 | 9.64 | 0.43 | 0.30 | 0.73 | (0.40) |  | (0.40) | 9.97 |
|  10/31/20 | 10.09 | 0.48 | (0.49) | (0.01) | (0.44) |  | (0.44) | 9.64 |
|  Class I: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 8.71 | 0.30 | (0.16) | 0.14 | (0.29) |  | (0.29) | 8.56 |
|  10/31/24 | 7.70 | 0.53 | 0.94 | 1.47 | (0.46) |  | (0.46) | 8.71 |
|  10/31/23 | 7.36 | 0.47 | 0.34 | 0.81 | (0.47) |  | (0.47) | 7.70 |
|  10/31/22 | 10.00 | 0.51 | (2.67) | (2.16) | (0.48) |  | (0.48) | 7.36 |
|  10/31/21 | 9.67 | 0.46 | 0.30 | 0.76 | (0.43) |  | (0.43) | 10.00 |
|  10/31/20 | 10.13 | 0.51 | (0.51) | 0.00 <sup>(e)</sup> | (0.46) |  | (0.46) | 9.67 |
|  Premier Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 8.68 | 0.30 | (0.16) | 0.14 | (0.29) |  | (0.29) | 8.53 |
|  10/31/24 | 7.67 | 0.52 | 0.95 | 1.47 | (0.46) |  | (0.46) | 8.68 |
|  10/31/23 | 7.34 | 0.46 | 0.33 | 0.79 | (0.46) |  | (0.46) | 7.67 |
|  10/31/22 | 9.97 | 0.50 | (2.66) | (2.16) | (0.47) |  | (0.47) | 7.34 |
|  10/31/21 | 9.65 | 0.47 | 0.28 | 0.75 | (0.43) |  | (0.43) | 9.97 |
|  10/31/20 | 10.09 | 0.51 | (0.50) | 0.01 | (0.45) |  | (0.45) | 9.65 |
|  Class R6: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 8.69 | 0.30 | (0.15) | 0.15 | (0.30) |  | (0.30) | 8.54 |
|  10/31/24 | 7.68 | 0.54 | 0.94 | 1.48 | (0.47) |  | (0.47) | 8.69 |
|  10/31/23 | 7.34 | 0.47 | 0.35 | 0.82 | (0.48) |  | (0.48) | 7.68 |
|  10/31/22 | 9.97 | 0.52 | (2.66) | (2.14) | (0.49) |  | (0.49) | 7.34 |
|  10/31/21 | 9.65 | 0.47 | 0.29 | 0.76 | (0.44) |  | (0.44) | 9.97 |
|  10/31/20 | 10.10 | 0.50 | (0.48) | 0.02 | (0.47) |  | (0.47) | 9.65 |
|  Retirement Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 8.68 | 0.29 | (0.16) | 0.13 | (0.28) |  | (0.28) | 8.53 |
|  10/31/24 | 7.67 | 0.51 | 0.95 | 1.46 | (0.45) |  | (0.45) | 8.68 |
|  10/31/23 | 7.34 | 0.45 | 0.34 | 0.79 | (0.46) |  | (0.46) | 7.67 |
|  10/31/22 | 9.97 | 0.50 | (2.66) | (2.16) | (0.47) |  | (0.47) | 7.34 |
|  10/31/21 | 9.64 | 0.45 | 0.30 | 0.75 | (0.42) |  | (0.42) | 9.97 |
|  10/31/20 | 10.09 | 0.49 | (0.50) | (0.01) | (0.44) |  | (0.44) | 9.64 |
|  Class W: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(c)</sup> | 8.69 | 0.33 | (0.16) | 0.17 | (0.32) |  | (0.32) | 8.54 |
|  10/31/24 | 7.68 | 0.58 | 0.95 | 1.53 | (0.52) |  | (0.52) | 8.69 |
|  10/31/23 | 7.34 | 0.52 | 0.35 | 0.87 | (0.53) |  | (0.53) | 7.68 |
|  10/31/22 | 9.98 | 0.57 | (2.67) | (2.10) | (0.54) |  | (0.54) | 7.34 |
|  10/31/21 | 9.65 | 0.53 | 0.30 | 0.83 | (0.50) |  | (0.50) | 9.98 |
|  10/31/20 | 10.11 | 0.57 | (0.50) | 0.07 | (0.53) |  | (0.53) | 9.65 |

---

<sup>(a)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on average shares outstanding.

<sup>(b)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total returns are at NAV and do not include any sales charge. Total returns are not annualized. 

<sup>(c)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unaudited

<sup>(d)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annualized.

<sup>(e)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Value rounded to zero.

32 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data |
|  | | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | |
| Total<br> Return<sup>(b)</sup> | Net Assets,<br> End of<br> Period (000) | Gross<br>Expenses | Net<br>Expenses | Net<br>Investment<br>Income (Loss) | Portfolio<br>Turnover<br>Rate |
|  1.49% | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;14248 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.12%<sup>(d)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.00%<sup>(d)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.68%<sup>(d)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19% |
| 19.30  | 14717 | 0.92 | 0.92 | 6.00 | 31 |
| 10.65  | 11663 | 0.92 | 0.92 | 5.73 | 27 |
| (22.32)  | 8722 | 0.93 | 0.93 | 5.68 | 37 |
| 7.61  | 15698 | 0.94 | 0.94 | 4.30 | 57 |
| 0.12  | 19832 | 0.93 | 0.93 | 5.01 | 77 |
| 1.63  | 17149 | 0.69<sup>(d)</sup> | 0.69<sup>(d)</sup> | 7.02<sup>(d)</sup> | 19 |
| 19.46  | 17143 | 0.72 | 0.72 | 6.28 | 31 |
| 10.99  | 10133 | 0.69 | 0.69 | 5.91 | 27 |
| (22.17)  | 17890 | 0.69 | 0.69 | 5.96 | 37 |
| 7.91  | 19272 | 0.69 | 0.69 | 4.55 | 57 |
| 0.26  | 20506 | 0.69 | 0.69 | 5.29 | 77 |
| 1.58  | 213 | 0.79<sup>(d)</sup> | 0.79<sup>(d)</sup> | 6.92<sup>(d)</sup> | 19 |
| 19.43  | 217 | 0.81 | 0.81 | 6.15 | 31 |
| 10.78  | 195 | 0.79 | 0.79 | 5.81 | 27 |
| (22.21)  | 187 | 0.78 | 0.78 | 5.86 | 37 |
| 7.74  | 253 | 0.80 | 0.80 | 4.61 | 57 |
| 0.29  | 244 | 0.78 | 0.78 | 5.19 | 77 |
| 1.67  | 108659 | 0.61<sup>(d)</sup> | 0.61<sup>(d)</sup> | 7.08<sup>(d)</sup> | 19 |
| 19.61  | 120648 | 0.63 | 0.63 | 6.36 | 31 |
| 11.11  | 78811 | 0.62 | 0.62 | 5.96 | 27 |
| (22.07)  | 35533 | 0.62 | 0.62 | 5.93 | 37 |
| 7.90  | 77422 | 0.61 | 0.61 | 4.67 | 57 |
| 0.44  | 47256 | 0.62 | 0.62 | 5.22 | 77 |
| 1.54  | 23990 | 0.86<sup>(d)</sup> | 0.86<sup>(d)</sup> | 6.84<sup>(d)</sup> | 19 |
| 19.35  | 25202 | 0.88 | 0.88 | 6.10 | 31 |
| 10.71  | 16607 | 0.87 | 0.86 | 5.74 | 27 |
| (22.21)  | 13771 | 0.87 | 0.80 | 5.84 | 37 |
| 7.78  | 19212 | 0.86 | 0.82 | 4.44 | 57 |
| 0.18  | 17840 | 0.87 | 0.87 | 5.07 | 77 |
| 1.98  | 345435 | 0.61<sup>(d)</sup> | 0.00<sup>(d)</sup> | 7.71<sup>(d)</sup> | 19 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 20.34  | 370592 | 0.63 | 0.01 | 6.94 | 31 |
| 11.82  | 331520 | 0.62 | 0.00 | 6.58 | 27 |
| (21.65)  | 430741 | 0.62 | 0.00 | 6.64 | 37 |
| 8.66  | 470716 | 0.61 | 0.00 | 5.24 | 57 |
| 0.98  | 474236 | 0.62 | 0.00 | 5.89 | 77 |

---

See Notes to Financial Statements 33

------

## Financial Highlights (continued)

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | Investment Operations | Investment Operations | Investment Operations | Less Distributions | Less Distributions | Less Distributions | |
| |<br>Net Asset<br> Value,<br> Beginning<br> of Period | Net<br> Investment<br> Income<br> (Loss)<sup>(a)</sup> | Net Realized/<br> Unrealized<br> Gain (Loss) | Total | From Net<br>Investment<br>Income | From Net<br>Realized<br>Gains | Total |<br>Net Asset<br> Value,<br> End of Period |
|  International Bond<sup>(c)</sup> | International Bond<sup>(c)</sup> | International Bond<sup>(c)</sup> | International Bond<sup>(c)</sup> | International Bond<sup>(c)</sup> |  |  |  |  |
|  Class A: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.69 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.12 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.05 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.17 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.13) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;— | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(0.13) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.73 |
|  10/31/24 | 7.90 | 0.23 | 0.56 | 0.79 |  |  |  | 8.69 |
|  10/31/23 | 7.96 | 0.20 | 0.10 | 0.30 | (0.36) |  | (0.36) | 7.90 |
|  10/31/22 | 9.91 | 0.15 | (1.41) | (1.26) | (0.61) | (0.08) | (0.69) | 7.96 |
|  10/31/21 | 10.22 | 0.11 | (0.17) | (0.06) | (0.15) | (0.10) | (0.25) | 9.91 |
|  10/31/20 | 10.28 | 0.11 | 0.09 | 0.20 | (0.26) |  | (0.26) | 10.22 |
|  Class I: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 8.72 | 0.13 | 0.06 | 0.19 | (0.16) |  | (0.16) | 8.75 |
|  10/31/24 | 7.92 | 0.25 | 0.57 | 0.82 | (0.02) |  | (0.02) | 8.72 |
|  10/31/23 | 7.97 | 0.22 | 0.09 | 0.31 | (0.36) |  | (0.36) | 7.92 |
|  10/31/22 | 9.92 | 0.18 | (1.40) | (1.22) | (0.65) | (0.08) | (0.73) | 7.97 |
|  10/31/21 | 10.23 | 0.14 | (0.17) | (0.03) | (0.18) | (0.10) | (0.28) | 9.92 |
|  10/31/20 | 10.27 | 0.14 | 0.09 | 0.23 | (0.27) |  | (0.27) | 10.23 |
|  Premier Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 8.77 | 0.13 | 0.06 | 0.19 | (0.16) |  | (0.16) | 8.80 |
|  10/31/24 | 7.96 | 0.25 | 0.57 | 0.82 | (0.01) |  | (0.01) | 8.77 |
|  10/31/23 | 8.01 | 0.21 | 0.10 | 0.31 | (0.36) |  | (0.36) | 7.96 |
|  10/31/22 | 9.99 | 0.17 | (1.42) | (1.25) | (0.65) | (0.08) | (0.73) | 8.01 |
|  10/31/21 | 10.29 | 0.13 | (0.16) | (0.03) | (0.17) | (0.10) | (0.27) | 9.99 |
|  10/31/20 | 10.34 | 0.13 | 0.08 | 0.21 | (0.26) |  | (0.26) | 10.29 |
|  Class R6: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 8.72 | 0.13 | 0.06 | 0.19 | (0.17) |  | (0.17) | 8.74 |
|  10/31/24 | 7.92 | 0.26 | 0.56 | 0.82 | (0.02) |  | (0.02) | 8.72 |
|  10/31/23 | 7.96 | 0.22 | 0.10 | 0.32 | (0.36) |  | (0.36) | 7.92 |
|  10/31/22 | 9.94 | 0.18 | (1.41) | (1.23) | (0.67) | (0.08) | (0.75) | 7.96 |
|  10/31/21 | 10.24 | 0.15 | (0.17) | (0.02) | (0.18) | (0.10) | (0.28) | 9.94 |
|  10/31/20 | 10.27 | 0.14 | 0.10 | 0.24 | (0.27) |  | (0.27) | 10.24 |
|  Retirement Class: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 8.70 | 0.12 | 0.06 | 0.18 | (0.15) |  | (0.15) | 8.73 |
|  10/31/24 | 7.90 | 0.24 | 0.56 | 0.80 | (0.00) <sup>(f)</sup> |  | (0.00) <sup>(f)</sup> | 8.70 |
|  10/31/23 | 7.95 | 0.20 | 0.11 | 0.31 | (0.36) |  | (0.36) | 7.90 |
|  10/31/22 | 9.91 | 0.16 | (1.41) | (1.25) | (0.63) | (0.08) | (0.71) | 7.95 |
|  10/31/21 | 10.22 | 0.12 | (0.17) | (0.05) | (0.16) | (0.10) | (0.26) | 9.91 |
|  10/31/20 | 10.27 | 0.12 | 0.09 | 0.21 | (0.26) |  | (0.26) | 10.22 |
|  Class W: |  |  |  |  |  |  |  |  |
|  4/30/25<sup>(d)</sup> | 8.77 | 0.16 | 0.05 | 0.21 | (0.22) |  | (0.22) | 8.76 |
|  10/31/24 | 7.96 | 0.31 | 0.57 | 0.88 | (0.07) |  | (0.07) | 8.77 |
|  10/31/23 | 7.96 | 0.27 | 0.11 | 0.38 | (0.38) |  | (0.38) | 7.96 |
|  10/31/22 | 9.99 | 0.24 | (1.42) | (1.18) | (0.77) | (0.08) | (0.85) | 7.96 |
|  10/31/21 | 10.29 | 0.21 | (0.17) | 0.04 | (0.24) | (0.10) | (0.34) | 9.99 |
|  10/31/20 | 10.28 | 0.21 | 0.08 | 0.29 | (0.28) |  | (0.28) | 10.29 |

---

<sup>(a)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Based on average shares outstanding.

<sup>(b)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total returns are at NAV and do not include any sales charge. Total returns are not annualized. 

<sup>(c)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Consolidated Financial Highlights (see Notes to Financial Statements)

<sup>(d)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unaudited

<sup>(e)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Annualized.

<sup>(f)</sup> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Value rounded to zero.

34 *See Notes to Financial Statements*

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; |
|  | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data | Ratios and Supplemental Data |
|  | | Ratios to Average Net Assets | Ratios to Average Net Assets | Ratios to Average Net Assets | |
| Total<br> Return<sup>(b)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> Net Assets,<br> End of<br> Period (000) | Gross <br>Expenses | Net<br>Expenses | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> Net<br>Investment<br> Income (Loss) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> Portfolio<br>Turnover<br> Rate |
|  2.00% | $1078 | 1.00 %<sup>(e)</sup> | 0.95 %<sup>(e)</sup> | 2.74 %<sup>(e)</sup> | 21% |
| 10.00  | 1229 | 0.96 | 0.95 | 2.69 | 37 |
| 3.75  | 1450 | 0.97 | 0.94 | 2.46 | 29 |
| (13.01)  | 1448 | 1.10 | 0.94 | 1.68 | 39 |
| (0.68)  | 1731 | 1.49 | 0.94 | 1.12 | 37 |
| 1.98  | 1840 | 1.09 | 0.96 | 1.08 | 50 |
| 2.19  | 1769 | 0.63 <sup>(e)</sup> | 0.62 <sup>(e)</sup> | 3.06 <sup>(e)</sup> | 21 |
| 10.30  | 1418 | 0.71 | 0.70 | 2.95 | 37 |
| 3.96  | 1133 | 0.70 | 0.67 | 2.74 | 29 |
| (12.61)  | 106 | 0.69 | 0.67 | 2.10 | 39 |
| (0.39)  | 117 | 0.68 | 0.68 | 1.38 | 37 |
| 2.30  | 132 | 0.64 | 0.62 | 1.42 | 50 |
| 2.12  | 91 | 0.84 <sup>(e)</sup> | 0.75 <sup>(e)</sup> | 2.94 <sup>(e)</sup> | 21 |
| 10.28  | 90 | 0.83 | 0.75 | 2.89 | 37 |
| 3.91  | 82 | 0.80 | 0.75 | 2.65 | 29 |
| (12.89)  | 82 | 0.78 | 0.75 | 1.86 | 39 |
| (0.42)  | 103 | 0.80 | 0.75 | 1.31 | 37 |
| 2.14  | 106 | 0.80 | 0.77 | 1.28 | 50 |
| 2.17  | 1221 | 0.65 <sup>(e)</sup> | 0.60 <sup>(e)</sup> | 3.10 <sup>(e)</sup> | 21 |
| 10.37  | 707 | 0.63 | 0.60 | 3.03 | 37 |
| 4.12  | 721 | 0.63 | 0.59 | 2.81 | 29 |
| (12.72)  | 630 | 0.61 | 0.59 | 2.03 | 39 |
| (0.26)  | 732 | 0.60 | 0.60 | 1.46 | 37 |
| 2.39  | 883 | 0.62 | 0.60 | 1.43 | 50 |
| 2.03  | 25456 | 0.86 <sup>(e)</sup> | 0.85 <sup>(e)</sup> | 2.88 <sup>(e)</sup> | 21 |
| 10.14  | 5516 | 0.87 | 0.85 | 2.79 | 37 |
| 3.92  | 4489 | 0.87 | 0.84 | 2.55 | 29 |
| (12.97)  | 4435 | 0.86 | 0.84 | 1.77 | 39 |
| (0.58)  | 5682 | 0.84 | 0.84 | 1.21 | 37 |
| 2.13  | 8041 | 0.87 | 0.85 | 1.18 | 50 |
| 2.42  | 387453 | 0.61 <sup>(e)</sup> | 0.00 <sup>(e)</sup> | 3.69 <sup>(e)</sup> | 21 |
| 11.08  | 411755 | 0.62 | 0.01 | 3.64 | 37 |
| 4.80  | 365238 | 0.62 | 0.00 | 3.39 | 29 |
| (12.23)  | 369347 | 0.61 | 0.00 | 2.60 | 39 |
| 0.29  | 516606 | 0.59 | 0.00 | 2.07 | 37 |
| 2.95  | 427813 | 0.62 | 0.00 | 2.05 | 50 |

---

See Notes to Financial Statements 35

------

## Notes to Financial Statements
(Unaudited)

1. General Information

Trust and Fund Information: TIAA-CREF Funds (the "Trust") is an open-end management investment company registered under the Investment Company Act of 1940, ("1940 Act"), as amended. The Trust is comprised of the following (collectively the "Funds" or individually, the "Fund"), among others:

---

| | |
|:---|:---|
| Fund Name | Short Name |
| Nuveen Emerging Markets Debt Fund | Emerging Markets Debt |
| Nuveen International Bond Fund | International Bond |

---

Current Fiscal Period: The end of the reporting period for the Funds is April 30, 2025, and the period covered by these Notes to Financial Statements is the six months ended April 30, 2025 (the "current fiscal period").

Investment Adviser: Teachers Advisors, LLC (the "Adviser"), a wholly owned indirect subsidiary of Teachers Insurance and Annuity Association of America ("TIAA"), is registered with the Securities and Exchange Commission ("SEC") as an investment adviser and provides investment management services for the Funds.

Share Classes and Sales Charges: The Funds offer up to six share classes, although any one Fund may not necessarily offer all six classes. The Funds may offer Class A, Class I, Premier Class, Class R6, Retirement Class and Class W shares. Each class differs by the allocation of class-specific expenses and voting rights in matters affecting a single class. The Funds offer their shares through their principal underwriter, Nuveen Securities, LLC ("Nuveen Securities"), which is a wholly owned indirect subsidiary of TIAA.

Class A Shares are generally sold with an up-front sales charge. Class A Share purchases of $1 million or more are sold at net asset value ("NAV") without an up-front sales charge but may be subject to a contingent deferred sales charge ("CDSC") of 1% if redeemed within eighteen months of purchase. Class I, Premier Class, Class R6, Retirement Class and Class W shares are sold without an up- front sales charge.

2. Significant Accounting Policies

The accompanying financial statements were prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"), which may require the use of estimates made by management and the evaluation of subsequent events. Actual results may differ from those estimates. The Funds are investment companies and follow the accounting guidance in the Financial Accounting Standards Board ("FASB") Accounting Standards Codification 946, Financial Services—Investment Companies. The NAV for financial reporting purposes may differ from the NAV for processing transactions. The NAV for financial reporting purposes includes security and shareholder transactions through the date of the report. Total return is computed based on the NAV used for processing transactions. The following is a summary of the significant accounting policies consistently followed by the Funds.

Basis for Consolidation: International Bond is presented on a consolidated basis with the Nuveen International Bond Fund Offshore Limited (the "Regulation S Subsidiary") and the Nuveen International Bond Fund Taxable Offshore Limited (the "TEFRA Bond Subsidiary"). Both the Regulation S Subsidiary and TEFRA Bond Subsidiary (the "Subsidiaries") are wholly owned subsidiaries of International Bond organized under the laws of the Cayman Islands. The Regulation S Subsidiary commenced operations on March 1, 2017 and is intended to provide the Fund with exposure to Regulation S fixed income securities. Regulation S securities are securities of U.S. and non-U.S. issuers that are issued through private placement transactions with the SEC pursuant to Regulation S under the Securities Act of 1933, as amended. The TEFRA Bond Subsidiary commenced operations on September 1, 2022 and is intended to provide the Fund with exposure to TEFRA fixed income securities. TEFRA securities are securities that are sold subject to selling restrictions generally designed to restrict the purchase of such bonds to non-U.S. persons (as defined for applicable U.S. federal income tax purposes). Both Subsidiaries are advised by the Adviser and have the same investment objective as the Fund (except that the Regulation S Subsidiary may invest without limitation in Regulation S securities and the TEFRA Bond Subsidiary may invest without limitation in TEFRA bonds). All inter-company transactions and balances have been eliminated.

Select financial information related to the Subsidiary is as follows:

---

| | | |
|:---|:---|:---|
| | Regulation S Subsidiary | TEFRA Bond Subsidiary |
|  Total market value of investments | $38238775 | $18076389 |
|  Net assets | 37997082 | 18031123 |
|  Net investment income (loss) | 555879 | 328850 |
|  Net realized gain (loss) | 62965 | (12756) |
|  Net change in unrealized appreciation (depreciation) | 1758478 | 287727 |
|  % of Fund's consolidated net assets | 9% | 4% |

---

36.0 ------

Compensation: The Funds pay the members of the Board of Trustees ("Board") all of whom are independent, certain remuneration for their services, plus travel and other expenses. The Board has adopted a deferred compensation plan for independent trustees that enables trustees to elect to defer receipt of all or a portion of the annual compensation they are entitled to receive from certain Nuveen-advised funds. Under the plan, deferred amounts are treated as though equal dollar amounts had been invested in shares of select Nuveen-advised funds. Amounts deferred are retained by the Funds until paid. Amounts payable to the trustees for compensation are included separately in the accompanying Statement of Assets and Liabilities. Trustees' fees, including any deferred compensation incurred, are reflected in the Statement of Operations.

Distributions to Shareholders: Distributions to shareholders are recorded on the ex-dividend date. The amount, character and timing of distributions are determined in accordance with federal income tax regulations, which may differ from U.S. GAAP.

Foreign Currency Transactions and Translation: The books and records of the Funds are maintained in U.S. dollars. Assets, including investments, and liabilities denominated in foreign currencies are translated into U.S. dollars at the end of each day. Purchases and sales of securities, income, and expenses are translated into U.S. dollars at the prevailing exchange rate on the respective dates of the transactions.

Net realized foreign currency gains and losses resulting from changes in exchange rates associated with (i) foreign currency, (ii) investments and (iii) derivatives include foreign currency gains and losses between trade date and settlement date of the transactions, foreign currency transactions, and the difference between the amounts of interest and dividends recorded on the books of the Funds and the amounts actually received and are recognized as a component of "Net realized gain (loss) from foreign currency transactions" on the Statement of Operations, when applicable.

The unrealized gains and losses resulting from changes in foreign currency exchange rates and changes in foreign exchange rates associated with (i) investments and (ii) other assets and liabilities are recognized as a component of "Change in unrealized appreciation (depreciation) of foreign currency translations" on the Statement of Operations, when applicable. The unrealized gains and losses resulting from changes in foreign exchange rates associated with investments in derivatives are recognized as a component of the respective derivative's related "Change in unrealized appreciation (depreciation)" on the Statement of Operations, when applicable.

Foreign Taxes: The Funds may be subject to foreign taxes on income, gains on investments or currency repatriation, a portion of which may be recoverable. The Funds will accrue such taxes and recoveries as applicable, based upon the current interpretation of tax rules and regulations that exist in the markets in which the Funds invest.

Indemnification: Under the Trust's organizational documents, its officers and trustees are indemnified against certain liabilities arising out of the performance of their duties to the Trust. In addition, in the normal course of business, the Trust enters into contracts that provide general indemnifications to other parties. The Trust's maximum exposure under these arrangements is unknown as this would involve future claims that may be made against the Trust that have not yet occurred. However, the Trust has not had prior claims or losses pursuant to these contracts and expects the risk of loss to be remote.

Investments and Investment Income: Securities transactions are accounted for as of the trade date for financial reporting purposes. Interest income is recorded on an accrual basis and includes accretion of discounts and amortization of premiums. Dividend income is recorded on the ex-dividend date. Foreign dividend income is recorded on the ex-dividend date or as soon as possible after the Funds determine the existence of a dividend declaration. Securities lending income is comprised of fees earned from borrowers and income earned on cash collateral investments. Realized gains and losses on securities transactions are based upon the specific identification method. Distributions received on securities that represent a return of capital or capital gains are recorded as a reduction of cost of investments and/or as a realized gain. The Funds estimate the components of distributions received that may be considered return of capital distributions or capital gain distributions.

Multiclass Operations and Allocations: Income, expenses, realized gains and losses and unrealized appreciation and depreciation of a Fund are allocated on a pro rata basis to each class of shares, except for service agreement fees, distribution fees and transfer agency fees and expenses, which are unique to each class of shares. Most expenses of the Trust can be directly attributed to a Fund. Expenses that cannot be directly attributed are allocated to each Fund in the Trust based upon the average net assets of each Fund.

Netting Agreements: In the ordinary course of business, the Funds may enter into transactions subject to enforceable master repurchase agreements, International Swaps and Derivatives Association, Inc. (ISDA) master agreements or other similar arrangements ("netting agreements"). Generally, the right to offset in netting agreements allows each Fund to offset certain securities and derivatives with a specific counterparty, when applicable, as well as any collateral received or delivered to that counterparty based on the terms of the agreements. Generally, each Fund manages its cash collateral and securities collateral on a counterparty basis. With respect to certain counterparties, in accordance with the terms of the netting agreements, collateral posted to the Funds is held in a segregated account by the Funds' custodian and/or with respect to those amounts which can be sold or repledged, are presented in the Funds' Portfolio of Investments or Statement of Assets and Liabilities.

37.0 ------

## Notes to Financial Statements (continued)
The Funds' investments subject to netting agreements as of the end of the reporting period, if any, are further described later in these Notes to Financial Statements.

New Accounting Pronouncement: In December 2023, the FASB issued ASU No. 2023-09, Income Taxes (Topic 740) Improvements to Income tax disclosures ("ASU 2023-09"). The primary purpose of the amendments within ASU 2023-09 is to enhance the transparency and decision usefulness of income tax disclosures primarily related to the rate reconciliation table and income taxes paid information. The amendments in ASU 2023-09 are effective for annual periods beginning after December 15, 2024. Management is currently evaluating the implications of these changes on the financial statements.

Segment Reporting: In November 2023, the FASB issued Accounting Standard Update ("ASU") No. 2023-07, Segment Reporting (Topic 280) Improvements to Reportable Segment Disclosures ("ASU 2023-07"). The amendments in ASU 2023-07 improve reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. ASU 2023-07 also requires a public entity that has a single reportable segment to provide all the disclosures required by the amendments in ASU 2023-07 and all existing segment disclosures in Topic 280. The amendments in ASU 2023-07 are effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. The Funds adopted ASU 2023-07 during the current reporting period. Adoption of the new standard impacted financial statement disclosures only and did not affect the Funds' financial positions or the results of their operations.

The officers of the Funds act as the chief operating decision maker ("CODM"). Each Fund represents a single operating segment. The CODM monitors the operating results of each Fund as a whole and is responsible for each Fund's long-term strategic asset allocation in accordance with the terms of its prospectus, based on a defined investment strategy which is executed by the Fund's portfolio managers as a team. The financial information in the form of the Fund's portfolio composition, total returns, expense ratios and changes in net assets (i.e., changes in net assets resulting from operations, subscriptions and redemptions), which are used by the CODM to assess the segment's performance versus the Fund's comparative benchmarks and to make resource allocation decisions for the Fund's single segment, is consistent with that presented within the Fund's financial statements. Segment assets are reflected on the Statement of Assets and Liabilities as "total assets" and significant segment revenues and expenses are listed on the Statement of Operations.

3. Investment Valuation and Fair Value Measurements

The Funds' investments in securities are recorded at their estimated fair value utilizing valuation methods approved by the Adviser, subject to the oversight of the Board. Fair value is defined as the price that would be received upon selling an investment or transferring a liability in an orderly transaction to an independent buyer in the principal or most advantageous market for the investment. U.S. GAAP establishes the three-tier hierarchy that is used to maximize the use of observable market data and minimize the use of unobservable inputs and to establish classification of fair value measurements for disclosure purposes. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability. Observable inputs are based on market data obtained from sources independent of the reporting entity. Unobservable inputs reflect management's assumptions about the assumptions market participants would use in pricing the asset or liability. Unobservable inputs are based on the best information available in the circumstances. The following is a summary of the three-tiered hierarchy of valuation input levels.

• Level 1 – Inputs are unadjusted and prices are determined using quoted prices in active markets for identical securities.

• Level 2 – Prices are determined using other significant observable inputs (including quoted prices for similar securities, interest rates, credit spreads, etc.).

• Level 3 – Prices are determined using significant unobservable inputs (including management's assumptions in determining the fair value of investments).

A description of the valuation techniques applied to the Funds' major classifications of assets and liabilities measured at fair value follows:

Prices of fixed-income securities are provided by pricing services approved by the Adviser, which is subject to review by the Adviser and oversight of the Board. Pricing services establish a security's fair value using methods that may include consideration of the following: yields or prices of investments of comparable quality, type of issue, coupon, maturity and rating, market quotes or indications of value from security dealers, evaluations of anticipated cash flows or collateral, general market conditions and other information and analysis, including the obligor's credit characteristics considered relevant. In pricing certain securities, particularly less liquid and lower quality securities, pricing services may consider information about a security, its issuer or market activity provided by the Adviser. These securities are generally classified as Level 2.

38.0 ------

Equity securities and exchange-traded funds listed or traded on a national market or exchange are valued based on their last reported sales price or official closing price of such market or exchange on the valuation date. Foreign equity securities and registered investment companies that trade on a foreign exchange are valued at the last reported sales price or official closing price on the principal exchange where traded, and converted to U.S. dollars at the prevailing rates of exchange on the valuation date. For events affecting the value of foreign securities between the time when the exchange on which they are traded closes and the time when the Funds' net assets are calculated, such securities will be valued at fair value in accordance with procedures adopted by the Adviser, subject to the oversight of the Board. To the extent these securities are actively traded and no valuation adjustments are applied, they are generally classified as Level 1. When valuation adjustments are applied to the most recent last sales price or official closing price, these securities are generally classified as Level 2.

Forward foreign currency contracts are valued using the prevailing forward exchange rate which is derived from quotes provided by the pricing service using the procedures approved by the Adviser, subject to the oversight of the Board, and are classified as Level 2.

Repurchase agreements are valued at contract amount plus accrued interest, which approximates market value. These securities are generally classified as Level 2.

For any portfolio security or derivative for which market quotations are not readily available or for which the Adviser deems the valuations derived using the valuation procedures described above not to reflect fair value, the Adviser will determine a fair value in good faith using alternative procedures approved by the Adviser, subject to the oversight of the Board. As a general principle, the fair value of a security is the amount that the owner might reasonably expect to receive for it in a current sale. A variety of factors may be considered in determining the fair value of such securities, which may include consideration of the following: yields or prices of investments of comparable quality, type of issue, coupon, maturity and rating, market quotes or indications of value from security dealers, evaluations of anticipated cash flows or collateral, general market conditions and other information and analysis, including the obligor's credit characteristics considered relevant. To the extent the inputs are observable and timely, the values would be classified as Level 2; otherwise they would be classified as Level 3.

The following table summarizes the market value of the Funds' investments as of the end of the current fiscal period, based on the inputs used to value them:

---

| | | | | |
|:---|:---|:---|:---|:---|
| Fund | Level 1 | Level 2 | Level 3 | Total |
|  Emerging Markets Debt |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bank loan obligations | $— | $3784020 | $— | $3784020 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Common stocks | 7987 | 4401542 |  | 4409529 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corporate bonds |  | 230730041 |  | 230730041 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government bonds |  | 252495515 |  | 252495515 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Structured assets |  |  | 2676300 | 2676300 |
|  Investments purchased with collateral from securities lending | 9227727 |  |  | 9227727 |
|  Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repurchase agreement |  | 11039000 |  | 11039000 |
|  Investments in Derivatives: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward foreign currency contracts\* |  | (129863) |  | (129863) |
|  Total | $9235714 | $502320255 | $2676300 | $514232269 |
|  International Bond |  |  |  |  |
|  Long-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bank loan obligations | $— | $639945 | $— | $639945 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Corporate bonds |  | 89982992 |  | 89982992 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Government bonds |  | 292205172 |  | 292205172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Structured assets |  | 20771816 |  | 20771816 |
|  Investments purchased with collateral from securities lending | 657855 |  |  | 657855 |
|  Short-Term Investments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Repurchase agreement |  | 14957000 |  | 14957000 |
|  Investments in Derivatives: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Forward foreign currency contracts\* |  | (8382800) |  | (8382800) |
|  Total | $657855 | $410174125 | $— | $410831980 |

---

\* Represents net unrealized appreciation (depreciation).

4. Portfolio Securities

Repurchase Agreements: In connection with transactions in repurchase agreements, it is the Fund's policy that its custodian take possession of the underlying collateral securities, the fair value of which exceeds the principal amount of the repurchase transaction, including accrued interest, at all times. If the counterparty defaults, and the fair value of the collateral declines, realization of the collateral may be delayed or limited.

39.0 ------

The following table presents the repurchase agreements for the Funds that are subject to netting agreements as of the end of the reporting period, and the collateral delivered related to those repurchase agreements:

---

| | | | |
|:---|:---|:---|:---|
| Fund | Counterparty | Short-term Investments,<br>at Value | Collateral Pledged<br>(From) Counterparty |
|  Emerging Markets Debt | Bank of New York Mellon Corp | $11039000 | $(11259866) |
|  International Bond | Bank of New York Mellon Corp | 14957000 | (15256162) |

---

Securities Lending: Certain Funds may lend their securities to qualified institutional borrowers to earn additional income. A Fund receives cash collateral and non-cash collateral (in the form of Treasury securities or other collateral permitted by applicable law) against the loaned securities and maintains collateral in an amount not less than 100% of the market value of loaned securities during the period of the loan; any additional collateral required due to changes in security values is delivered to the Fund the next business day. Cash collateral received by the Fund will generally be invested in high-quality short-term instruments or in one or more funds maintained by the securities lending agent ("Agent") for the purpose of investing cash collateral.

The value of the loaned securities and the liability to return the cash collateral received are reflected in the Statement of Assets and Liabilities. Non-cash collateral is not disclosed in the Funds' Statement of Assets and Liabilities as it is held by the Agent or by a third-party bank engaged by the Agent as a special "tri-party" custodian on behalf of the Funds, and the Funds do not have the ability to sell or re-hypothecate those securities.

As of the end of the current fiscal period, securities lending transactions are for equity and fixed income securities, and the resulting loans are continuous, can be recalled at any time, and have no set maturity. Securities lending income recognized by the Funds consists of earnings on invested collateral and lending fees, net of any rebates to the borrower and compensation to the Agent. Such income is reflected separately in the Statement of Operations. In lending its securities, a Fund bears the market risk with respect to the investment of collateral and the risk that the Agent may default on its contractual obligations to the Fund. The Agent bears the risk that the borrower may default on its obligation to return the loaned securities as the Agent is contractually obligated to indemnify the Fund if at the time of a default by a borrower some or all of the loan securities have not been returned.

As of the end of the current fiscal period, the total value of securities on loan and the total value of collateral received were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Aggregate Value of <br> Securities on Loan | | | |
| Fund | Fixed Income Securities | Cash Collateral<br>Received\* | Non-Cash Collateral<br>Received\*\* | Total Collateral<br>Received |
|  Emerging Markets Debt | $8880709 | $9227727 | $– | $9227727 |
|  International Bond | 638864 | 657855 |  | 657855 |

---

\*May include cash and investment of cash collateral.

\*\*As of the end of the current fiscal period, the non-cash collateral received by the Funds was comprised of U.S. Treasury securities.

Zero Coupon Securities: A zero coupon security does not pay a regular interest coupon to its holders during the life of the security. Income to the holder of the security comes from accretion of the difference between the original purchase price of the security at issuance and the par value of the security at maturity and is effectively paid at maturity. The market prices of zero coupon securities generally are more volatile than the market prices of securities that pay interest periodically.

Purchases and Sales: Long-term purchases and sales during the current fiscal period were as follows:

---

| | | | |
|:---|:---|:---|:---|
| Fund | Non-U.S. Government<br>Purchases | U.S. Government<br>Purchases | Non-U.S. Government<br>Sales |
|  Emerging Markets Debt | $98138190 | $– | $127723548 |
|  International Bond | 78289127 | 5020297 | 89387698 |

---

The Funds may purchase securities on a when-issued or delayed-delivery basis. Securities purchased on a when-issued or delayed-delivery basis may have extended settlement periods; interest income is not accrued until settlement date. Any securities so purchased are subject to market fluctuation during this period. If the Funds have outstanding when-issued/delayed-delivery purchases commitments as of the end of the reporting period, such amounts are recognized on the Statement of Assets and Liabilities.

5. Derivative Investments

Each Fund is authorized to invest in certain derivative instruments. As defined by U.S. GAAP, a derivative is a financial instrument whose value is derived from an underlying security price, foreign exchange rate, interest rate, index of prices or rates, or other variables. Investments in derivatives as of the end of and/or during the current fiscal period, if any, are included within the Statement of Assets and Liabilities and the Statement of Operations, respectively.

Forward Foreign Currency Contracts: During the current fiscal period, the Funds listed below used forward foreign currency contracts to hedge a portion of its exposure to non-U.S. dollar denominated positions.

40.0 ------

A forward contract is an agreement between two parties to purchase or sell a specified quantity of a currency at or before a specified date in the future at a specified price. Non-deliverable forward foreign currency exchange contracts are settled with the counterparty in cash without the delivery of foreign currency. Forward contracts are typically traded in the over-the-counter ("OTC") markets and all details of the contract are negotiated between the counterparties to the agreement. Forward contracts are marked-to-market daily and any resulting unrealized gains or losses are reflected as appreciation or depreciation on the Statement of Assets and Liabilities. The Funds realize gains and losses at the time the forward contracts are closed and are included on the Statement of Operations. Risks may arise upon entering into forward contracts from unanticipated movements in the value of a foreign currency relative to the U.S. dollar; and that losses may exceed amounts recognized on the Statement of Assets and Liabilities.

The average notional amount of forward contracts outstanding during the current fiscal period was as follows:

---

| | |
|:---|:---|
| Fund | Average Notional Amount of Forward Contracts Outstanding\* |
|  Emerging Markets Debt | $5564778 |
|  International Bond | 366708978 |

---

\* The average notional amount is calculated based on the outstanding notional amount of contracts at the beginning of the current fiscal period and at the end of each fiscal quarter within the current fiscal period. 

The following table presents the forward foreign currency contracts subject to netting agreements and the collateral delivered related to those forward foreign currency contracts as of the end of the reporting period.

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| Fund | Counterparty | Gross<br>Unrealized<br>Appreciation on<br>Forward Foreign<br>Currency<br>Contracts\* | Gross<br>Unrealized<br>Depreciation on<br>Forward Foreign<br>Currency<br>Contracts\* | Net Unrealized<br>Appreciation<br>(Depreciation)<br>on Forward<br>Foreign Currency<br>Contracts | Collateral<br>Pledged<br>to (from)<br>Counterparty | Net<br>Exposure |
|  Emerging Markets Debt | Bank of America | $— | $(129863) | $(129863) | $— | $(129863) |
|  International Bond | Australia and New Zealand Banking Group Limited |  | (4162965) | (4162965) |  | (4162965) |
|  | Bank of America | 141695 | (1451611) | (1309916) |  | (1309916) |
|  | Barclays Bank PLC |  | (2092) | (2092) |  | (2092) |
|  | Citibank N.A. |  | (2104294) | (2104294) |  | (2104294) |
|  | Morgan Stanley | 1421 | (436707) | (435286) |  | (435286) |
|  | Standard Chartered Bank | 16327 | (102000) | (85673) |  | (85673) |
|  | Toronto Dominion Bank |  | (282574) | (282574) |  | (282574) |
|  | Total | $159443 | $(8542243) | $(8382800) | $— | $(8382800) |

---

\* Represents gross unrealized appreciation (depreciation) for the counterparty as reported in the Fund's Portfolio of Investments.

As of the end of the reporting period, the following Funds have invested in derivative contracts which are reflected in the Statement of Assets and Liabilities as follows:

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
|  |  | Asset Derivatives | Asset Derivatives | Liability Derivatives | Liability Derivatives |
| Derivative Instrument | Risk Exposure  | Location | Value | Location | Value |
|  Emerging Markets Debt |  |  |  |  |  |
|  Forward foreign currency contracts | Foreign currency<br>exchange rate | - | $– | Unrealized depreciation on forward contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;$(129863) |
|  International Bond |  |  |  |  |  |
|  Forward foreign currency contracts | Foreign currency<br>exchange rate | Unrealized appreciation<br>on forward contracts | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;159443 | Unrealized depreciation on forward contracts | (8542243) |

---

During the current fiscal period, the effect of derivative contracts on the Funds' Statement of Operations was as follows:

---

| | | | |
|:---|:---|:---|:---|
| Derivative Instrument | Risk Exposure | Net Realized Gain<br>(Loss) | Change in Unrealized<br>Appreciation<br>(Depreciation) |
|  Emerging Markets Debt |  |  |  |
|  Forward foreign currency contracts | Foreign currency exchange rate  | $(34219) | $(166037) |
|  International Bond |  |  |  |
|  Forward foreign currency contracts | Foreign currency exchange rate  | (151739) | (11399235) |

---

41.0 ------

6. Fund Shares

Transactions in Fund shares during the current and prior fiscal period were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Six Months Ended<br> 4/30/25 | Six Months Ended<br> 4/30/25 | Year Ended<br> 10/31/24 | Year Ended<br> 10/31/24 |
| Emerging Markets Debt | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 2228383 | $19087129  | 6027549 | $50701300  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 167566 | 1439362  | 1118689 | 9315032  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | 1 | 5  | – | –  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 1780227 | 15340754  | 4217816 | 35622486  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 275674 | 2383369  | 1294560 | 10766725  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 2493882 | 21622381  | 8026542 | 67387268  |
|  Total subscriptions | 6945733 | 59873000  | 20685156 | 173792811  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 48703 | 419937  | 81047 | 682696  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 66369 | 574268  | 97920 | 829572  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | – | –  | – | –  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 433740 | 3742892  | 676130 | 5715462  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 94445 | 814423  | 148219 | 1252343  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | – | –  | – | –  |
|  Total reinvestments of distributions | 643257 | 5551520  | 1003316 | 8480073  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (2301940) | (19803036) | (5932311) | (50012881)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (198916) | (1720755) | (564657) | (4759123)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | – | –  | (472) | (3840)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (3374528) | (29230796) | (1270728) | (10758111)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (461420) | (3991837) | (703244) | (5989053)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | (4692237) | (40388887) | (8546905) | (71978977)  |
|  Total redemptions | (11029041) | (95135311) | (17018317) | (143501985)  |
|  Net increase (decrease) from shareholder transactions | (3440051) | $(29710791) | 4670155 | $38770899  |
|  | Six Months Ended<br> 4/30/25 | Six Months Ended<br> 4/30/25 | Year Ended<br> 10/31/24 | Year Ended<br> 10/31/24 |
| International Bond | Shares | Amount | Shares | Amount |
|  Subscriptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 8426 | $72581  | 11927 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;99967  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 99447 | 861964  | 32996 | 275215  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | – | –  | 1 | 8  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 79195 | 684510  | 16693 | 139755  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 2384782 | 20620524  | 290526 | 2452933  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | 3242349 | 28370312  | 10799831 | 91229464  |
|  Total subscriptions | 5814199 | 50609891  | 11151974 | 94197342  |
|  Reinvestments of distributions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | 1915 | 16682  | – | –  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | 2729 | 23769  | 248 | 2038  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | – | –  | – | –  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | 1623 | 14123  | 218 | 1792  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | 9703 | 84412  | 63 | 519  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | – | –  | – | –  |
|  Total reinvestments of distributions | 15970 | 138986  | 529 | 4349  |
|  Redemptions: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class A | (28233) | (245573) | (54200) | (453856)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class I | (62649) | (544456) | (13761) | (116903)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Premier Class | (1) | (8) | – | –  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class R6 | (22155) | (193200) | (26891) | (225301)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Retirement Class | (112314) | (973285) | (224996) | (1909147)  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Class W | (5988651) | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(51902047) | (9745822) | (83038329)  |
|  Total redemptions | (6214003) | (53858569) | (10065670) | (85743536)  |
|  Net increase (decrease) from shareholder transactions | (383834) | $(3109692) | 1086833 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8458155  |

---

7. Income Tax Information

Each Fund is a separate taxpayer for federal income tax purposes. Each Fund intends to distribute substantially all of its net investment income and net capital gains to shareholders and otherwise comply with the requirements of Subchapter M of the Internal Revenue Code applicable to regulated investment companies. Therefore, no federal income tax provision is required.

42.0 ------

Each Fund files income tax returns in U.S. federal and applicable state and local jurisdictions. A Fund's federal income tax returns are generally subject to examination for a period of three fiscal years after being filed. State and local tax returns may be subject to examination for an additional period of time depending on the jurisdiction. Management has analyzed each Fund's tax positions taken for all open tax years and has concluded that no provision for income tax is required in the Fund's financial statements.

As of the end of the reporting period, the aggregate cost and the net unrealized appreciation/(depreciation) of all investments for federal income tax purposes were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| Fund | Tax Cost | Gross Unrealized<br>Appreciation | Gross Unrealized<br>(Depreciation) | Net Unrealized<br>Appreciation<br>(Depreciation) |
|  Emerging Markets Debt | $556295129 | $5910249 | $(47973109) | $(42062860) |
|  International Bond | 434433405 | 12724724 | (36326149) | (23601425) |

---

For purposes of this disclosure, tax cost generally includes the cost of portfolio investments as well as up-front fees or premiums exchanged on derivatives and any amounts unrealized for income statement reporting but realized income and/or capital gains for tax reporting, if applicable.

As of prior fiscal period end, the components of accumulated earnings on a tax basis were as follows:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| Fund | Undistributed<br>Ordinary<br>Income | Undistributed<br>Long-Term<br>Capital<br>Gains | Unrealized<br>Appreciation<br>(Depreciation) | Capital Loss<br>Carryforwards | Late-Year<br>Loss Deferrals | Other<br>Book-to-Tax<br>Differences | Total |
|  Emerging Markets Debt | $5696541 | $– | $(37674298) | $(51136727) | $– | $(27664) | $(83142148) |
|  International Bond | 8274961 | – | (42103760) | (29471241) | – | (15650) | (63315690) |

---

As of prior fiscal period end, the Funds had capital loss carryforwards, which will not expire:

---

| | | | |
|:---|:---|:---|:---|
| Fund | Short-Term | Long-Term | Total |
|  Emerging Markets Debt | $7587568 | $43549159 | $51136727 |
|  International Bond | 11200827 | 18270414 | 29471241 |

---

8. Investment Adviser and Other Transactions with Affiliates

Under the terms of the Investment Management Agreement with respect to each Fund, the Adviser provides asset management services to the Fund for an annual fee, payable monthly. The Funds have entered into an Administrative Service Agreement with the Adviser under which the Funds pay the Adviser for its costs in providing certain administrative and compliance services to the Funds. The Adviser has agreed to gradually reduce expenses allocated to the Funds under the Administrative Services Agreement over a three-year period commencing May 1, 2024. After the expiration of this three-year period, the Adviser will no longer allocate expenses to the Funds under the Administrative Services Agreement.

Each Subsidiary has entered into an investment management agreement with the Adviser. Under these agreements, the Adviser provides the same management services to the Subsidiaries as it does to the International Bond Fund. The Adviser is not compensated directly by the Subsidiaries for their services, rather it is provided a management fee on the average net assets of the Fund which includes investments in the Subsidiaries.

Under the terms of a Retirement Class Service Agreement with respect to each Fund, the Retirement Class of the Fund incurs an annual fee of 0.25% of the daily net assets, payable monthly to the Adviser, for certain administrative costs associated with the maintenance of Retirement Class shares on retirement plan or other platforms. Substantially all of the Retirement Class shareholder servicing fees reported on the Statement of Operations are paid to the Adviser under the Service Agreement.

Nuveen Securities, which is a wholly owned indirect subsidiary of TIAA, distributes the Funds' shares. Under the terms of the distribution agreement, Nuveen Securities is not compensated. Nuveen Securities does not currently enter into agreements, or otherwise pay, other intermediaries to sell shares of the Funds. Under the terms of a distribution Rule 12b- 1 plan, Class A shares of each Fund compensates Nuveen Securities for providing distribution, promotional and/or shareholder services to Class A shares of the Fund at the annual rate of 0.25% of the average daily net assets attributable to the Fund's Class A shares. The Premier Class of each Fund is subject to a distribution Rule 12b-1 plan that compensates Nuveen Securities for providing distribution, promotional and/or shareholder services to the Premier Class of the Fund at the annual rate of 0.15% of the average daily net assets attributable to the Fund's Premier Class.

The Adviser has contractually agreed to waive and/or reimburse Class W's shares' Management fees and Other expenses (excluding interest, taxes, brokerage commissions or other transactional expenses, acquired fund fees and expenses, trustee expenses and extraordinary expenses) in their entirety. The Adviser expects this waiver and/or reimbursement to remain in effect indefinitely, unless changed or terminated with approval of the Board. The Management fees and Other expenses of Class W shares that have been waived by the Adviser may be incurred directly or indirectly, all or in part, by investors in Class W shares.

43.0 ------

The management fee schedule for each Fund, consists of two components: a Fund-level fee, based only on the amount of assets within a Fund, and a complex-level fee, based on the aggregate amount of all eligible assets managed by the Adviser and Nuveen Fund Advisors, LLC ("Nuveen Fund Advisors").

For each Fund subject to the complex-level fee, each Fund's overall complex-level fee begins at a maximum rate of 0.1600% of a Fund's average daily net assets, with breakpoints for eligible complex-level assets above $124.3 billion. Therefore, the maximum management fee rate for each such Fund is the Fund-level fee plus 0.1600%. The complex-level fee rate for each Fund is determined by taking the current overall complex-level fee rate and applying that rate to all eligible assets of the Fund. With respect to the assets of each Fund that are not eligible assets, those assets are subject to the maximum complex-level fee rate (0.1600%). As of May 1, 2024, 11% of the net assets of each Fund are eligible assets, and that percentage will increase annually until May 1, 2033, at which time eligible assets will include all of the net assets of a Fund. The current overall complex-level fee schedule is as follows:

---

| | |
|:---|:---|
| Complex Level Asset Breakpoint Level\* | Complex Level Fee |
|  For the first $124.3 billion | 0.1600% |
|  For the next $75.7 billion | 0.1350% |
|  For the next $200 billion | 0.1325% |
|  For eligible assets over $400 billion | 0.1300% |

---

\* The complex-level fee is calculated based upon the aggregate daily "eligible assets" of all Nuveen-branded closed-end funds and Nuveen-branded open-end funds ("Nuveen Mutual Funds"). Except as described below, eligible assets include the assets of all Nuveen-branded closed-end funds and Nuveen Mutual Funds organized in the United States. Eligible assets do not include the net assets of: Nuveen fund-of-funds, Nuveen money market funds, Nuveen index funds, Nuveen Large Cap Responsible Equity Fund or Nuveen Life Large Cap Responsible Equity Fund. In addition, eligible assets include a fixed percentage of the aggregate net assets of the active equity and fixed income Nuveen Mutual Funds advised by the Adviser (except those identified above). The fixed percentage will increase annually until May 1, 2033, at which time eligible assets will include all of the aggregate net assets of Adviser-advised active equity and fixed income Nuveen Mutual Funds (except those identified above). Eligible assets include closed-end fund assets managed by Nuveen Fund Advisors that are attributable to financial leverage. For these purposes, financial leverage includes the closed-end funds' use of preferred stock and borrowings and certain investments in the residual interest certificates (also called inverse floating rate securities) in tender option bond (TOB) trusts, including the portion of assets held by a TOB trust that has been effectively financed by the trust's issuance of floating rate securities, subject to an agreement by Nuveen Fund Advisors as to certain funds to limit the amount of such assets for determining eligible assets in certain circumstances.

As of the current fiscal period, the complex-level fee rate for each Fund was as follows:

---

| | |
|:---|:---|
| Fund | Complex-Level Fee |
|  Emerging Markets Debt | 0.1598% |
|  International Bond | 0.1598% |

---

The Adviser has agreed to reimburse each Fund if its total expense ratio (excluding interest, taxes, brokerage commissions or other transactional expenses, acquired fund fees and expenses and extraordinary expenses) exceeds certain percentages. The fund-level fee range and maximum expense amounts for each Fund is based on a percentage of average daily net assets according to the following rates:

---

| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Fund-Level Fee<br>Range | Maximum Expense Amounts‡ | Maximum Expense Amounts‡ | Maximum Expense Amounts‡ | Maximum Expense Amounts‡ | Maximum Expense Amounts‡ | Maximum Expense Amounts‡ |
| Fund |  | Class A | Class I | Premier Class | Class R6 | Retirement Class | Class W |
|  Emerging Markets Debt\* | 0.290%—0.390% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.000% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.800% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.800% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.650% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.900% | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;0.650% |
|  International Bond\* | 0.240%—0.340% | 0.950 | 0.750 | 0.750 | 0.600 | 0.850 | 0.600 |

---

\* This Fund is subject to a breakpoint schedule on its investment management fee, which reduces this fee as the Fund's net assets increase.

‡ Maximum expense amounts reflect all expenses excluding interest, taxes, brokerage commissions or other transactional expenses, Acquired fund fees and expenses and extraordinary expenses. The expense reimbursement arrangements will continue through at least February 28, 2026. The reimbursement arrangements can only be changed with the approval of the Board.

During the current fiscal period, the Distributor, collected sales charges on purchases of Class A Shares, the majority of which were paid out as concessions to financial intermediaries as follows:

---

| | | |
|:---|:---|:---|
| Fund | Sales Charges Collected | Paid to Financial<br>Intermediaries |
|  Emerging Markets Debt | $676 | $585 |
|  International Bond | 1739 | 1528 |

---

44.0 ------

The Funds are permitted to purchase or sell securities from or to certain other funds or accounts managed by the Adviser or by an affiliate of the Adviser (each an, "Affiliated Entity") under specified conditions outlined in procedures adopted by the Board ("cross-trade"). These procedures have been designed to ensure that any cross-trade of securities by the Fund from or to an Affiliated Entity by virtue of having a common investment adviser (or affiliated investment adviser), common officer and/or common trustee complies with Rule 17a-7 under the 1940 Act. These transactions are affected at the current market price (as provided by an independent pricing service) without incurring broker commissions. During the current fiscal period, the Funds did not engage in security transactions with affiliated entities.

The following is the percentage of the Funds' shares owned by affiliates as of the end of the current fiscal period:

---

| | | |
|:---|:---|:---|
| Underlying Fund | Nuveen Lifecycle<br>Funds | Total |
|  Emerging Markets Debt | 68% | 68% |
|  International Bond | 92 | 92 |

---

9. Emerging Markets Risks

The Emerging Markets Debt Fund holds a large portion of its assets in emerging market securities. Emerging market securities are often subject to greater price volatility, less liquidity and higher rates of inflation and deflation than U.S. securities. In addition, emerging markets may be subject to greater political, economic and social uncertainty, and differing regulatory environments that may potentially impact the Fund's ability to buy or sell certain securities or repatriate proceeds to U.S. dollars.

10. Inter-Fund Lending Program

Pursuant to an exemptive order issued by the SEC, the Funds may participate in an inter-fund lending program. This program allows the Funds to lend cash to and/or borrow cash from certain other affiliated Funds for temporary purposes, (e.g., to satisfy redemption requests or to cover unanticipated cash shortfalls). The program is subject to a number of conditions, including the requirement that no Fund may borrow or lend money under the program unless it receives a more favorable interest rate than is available from a bank or other financial institution for a comparable transaction. In addition, a Fund may participate in the program only if its participation is consistent with the Fund's investment policies and limitations and authorized by its portfolio manager(s). During the current fiscal period, there were no inter-fund borrowing or lending transactions.

11. Line of Credit

During June 2024, the Funds along with certain funds managed by the Adviser or by an affiliate of the Adviser ("Participating Funds"), have established a 364-day, $2.700 billion standby credit facility with a group of lenders, under which the Participating Funds may borrow for temporary purposes (other than on-going leveraging for investment purposes), and replaces the previous facility. Each Participating Fund is allocated a designated proportion of the facility's capacity (and its associated costs, as described below) based upon a multi-factor assessment of the likelihood and frequency of its need to draw on the facility, the size of the Fund and its anticipated draws, and the potential importance of such draws to the operations and well-being of the Fund, relative to those of the other Funds. A Fund may effect draws on the facility in excess of its designated capacity if and to the extent that other Participating Funds have undrawn capacity. The credit facility expires in June 2026.

The credit facility has the following terms: 0.15% per annum on unused commitment amounts and a drawn interest rate equal to the higher of (a) OBFR (Overnight Bank Funding Rate) plus 1.20% per annum or (b) the Fed Funds Effective Rate plus 1.20% per annum on amounts borrowed. Interest expense incurred by the Participating Funds, when applicable, is recognized as a component of "Interest expense" on the Statement of Operations. Participating Funds paid administration, legal and arrangement fees, which are recognized as a component of "Interest expense" on the Statement of Operations, and along with commitment fees, have been allocated among such Participating Funds based upon the relative proportions of the facility's aggregate capacity reserved for them and other factors deemed relevant by the Adviser and the Board of each Participating Fund.

There were no borrowings under this credit facility by the Funds during the current fiscal period.

12. Subsequent Event

Voluntary Waivers: The Adviser has agreed to implement voluntary waivers reducing the expense cap for International Bond for one-year effective May 1, 2025. These waivers are voluntary in nature and can be discontinued at any time without prior notice to shareholders upon Board approval. During this one-year period, the expense cap after the waiver for each class is as follows:

---

| | | |
|:---|:---|:---|
| Fund | Waiver | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Maximum Expense Amounts |
|  International Bond – Class A | 0.060% | 0.890% |
|  International Bond – Class I | 0.060 | 0.690 |
|  International Bond – Premier Class | 0.060 | 0.690 |
|  International Bond – Class R6 | 0.060 | 0.540 |
|  International Bond – Retirement Class | 0.060 | 0.790 |
|  International Bond – Class W | 0.060 | 0.540 |

---

45.0 ------

**Item 8.** **Changes in and Disagreements with Accountants for Open-End Management Investment Companies.** <br>

Not applicable.

------

**Item 9.** **Proxy Disclosures for Open-End Management Investment Companies.** <br>

Not applicable.

------

**Item 10.** **Remuneration Paid to Directors, Officers, and Others of Open-End Management Investment Companies.** <br>

The aggregate remuneration paid to the trustees (all of whom are independent) by each Fund is reported as "Trustees fees" on the Statement of Operations under Item 7 of this Form N-CSR.

The Funds do not pay any remuneration to their officers. The aggregate remuneration paid to Teachers Advisors, LLC, the Funds' investment adviser and an affiliate of the Funds' officers, is reported as "Management fees" on the Statement of Operations under Item 7 of this Form N-CSR.

------

**Item 11.** **Statement Regarding Basis for Approval of Investment Advisory Contract.** <br>

------

## Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract.

#### Nuveen Core Equity Fund

#### Nuveen Large Cap Growth Fund

#### Nuveen Large Cap Value Fund

#### Nuveen Quant Mid Cap Growth Fund (formerly, Nuveen Mid Cap Growth Fund)

#### Nuveen Mid Cap Value Fund

#### Nuveen Quant Small Cap Equity Fund

#### Nuveen Quant Small/Mid Cap Equity Fund

#### Nuveen Large Cap Responsible Equity Fund

#### Nuveen Emerging Markets Equity Fund

#### Nuveen International Equity Fund

#### Nuveen International Opportunities Fund

#### Nuveen Quant International Small Cap Equity Fund

#### Nuveen International Responsible Equity Fund

#### The Approval Process
At meetings held on April 28 and 29, 2025 (the "Meeting"), the Board of Trustees (the "Board" and each Trustee, a "Board Member") of TIAA-CREF Funds (the "Trust") approved, for each applicable series of the Trust, the renewal of the investment management agreement with Teachers Advisors, LLC ("TAL" and TAL is an "Adviser") pursuant to which TAL serves as investment adviser to such funds. TAL is an indirect wholly owned subsidiary of Teachers Insurance and Annuity Association of America ("TIAA"). The Board Members are not "interested persons" (as defined under the Investment Company Act of 1940 (the "1940 Act")) and, therefore, the Board is deemed to be comprised of all disinterested Board Members. References to the Board and the Board Members are interchangeable. Below is a summary of the annual review process the Board undertook related to its most recent renewal of the investment management agreement (each an "Advisory Agreement") with respect to each series covered by this report (the "Funds").

In accordance with applicable law, following up to an initial two-year period, the Board considers the renewal of each Advisory Agreement on behalf of the applicable Fund on an annual basis. To reach their determination, the Board Members considered the review of the Advisory Agreements to be an ongoing process. The Board Members employed the accumulated information, knowledge and experience they had gained during their tenure as disinterested Board Members on the respective boards of the funds in the Nuveen complex and their committees in overseeing the applicable funds and working with the respective investment advisers and sub-advisers in their review of the advisory agreements for the fund complex. The fund complex consists of the group of funds advised by TAL, including the Funds, and the group of funds advised by Nuveen Fund Advisors, LLC ("NFAL" and collectively, the "Nuveen funds" or the "funds"). NFAL is a subsidiary of Nuveen, LLC, the investment management arm of TIAA. The Board and its committees meet regularly throughout the year and at these meetings, the Board Members received materials and discussed information covering a wide range of topics pertinent to the annual consideration of the renewal of the Advisory Agreements. Such topics include, but are not limited to, the investment performance of the funds over various periods; investment oversight matters; economic, market and regulatory developments; any significant organizational or other developments impacting the Adviser and its strategic plans for its business; product initiatives for various funds; fund expenses; compliance, regulatory and risk management matters; trading practices, including soft dollar arrangements and reimbursements to the funds; the liquidity and derivatives risk management programs; management of distributions; valuation of securities; payments to financial intermediaries, including 12b-1 expenses (as applicable); and securities lending (as applicable). The Board also seeks to meet at its regular quarterly meetings with members of senior management to discuss various topics, including market conditions, industry developments and any significant developments or strategic plans for the Adviser, if any.

To help with the review of performance, the Board and/or its committees periodically received and discussed presentations from member(s) of investment teams throughout the year, culminating in an annual performance review of the Nuveen funds at the Board's meeting held on February 25-26, 2025 (the "February Meeting"). The presentations, discussions and meetings during the year provide a means for the Board Members to evaluate and consider the level, breadth and quality of services provided by the Adviser and any changes to such services over time in light of new or modified regulatory requirements, changes to market conditions or other factors.

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## Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract. (continued)
In addition to the materials and discussions that occurred at prior meetings, the Board, through its independent legal counsel, requested and received extensive materials and information prepared specifically for its review of the Advisory Agreements. During the year, management worked with an ad hoc committee established by the Board to help enhance and streamline the materials provided in connection with the annual review of the Advisory Agreements. The materials provided at the Meeting and/or prior meetings covered a wide range of matters including, but not limited to, a description of the nature, extent and quality of services provided by the Adviser; an analysis of fund performance with a focus on funds considered to have met certain challenged performance measurements; an analysis of the fees and expense ratios of the funds with a focus on funds considered to have certain expense characteristics; a list of management fee schedules; an analysis of advisory fees compared to fees assessed to other types of clients; a review of temporary and/or permanent expense caps and fee waivers (as applicable); a description of portfolio manager compensation; certain profitability and/or financial data; and a description of indirect benefits received by the Adviser as a result of its relationships with the funds. The Board also considered information provided by Broadridge Financial Solutions, Inc. ("Broadridge"), an independent provider of investment company data, comparing fee and expense levels of each respective Fund to those of a peer universe and to a group of peers selected by Broadridge.

The information prepared specifically for the annual review supplemented the information provided to the Board and its committees and the evaluations of the Nuveen funds by the Board and its committees during the year. The Board's review of the Advisory Agreements is based on all the information provided to the Board and its committees over time. The performance, fee and expense data and other information provided by the Adviser, Broadridge or other service providers were not independently verified by the Board Members.

As part of their review, the Board Members and independent legal counsel met in executive session on April 9, 2025 to review and discuss materials provided in connection with their annual review of the Advisory Agreements. After reviewing this information, the Board Members requested, directly or through independent legal counsel, additional information, and the Board subsequently reviewed and discussed the responses to these follow-up questions and requests. The Board Members and independent legal counsel met again in executive session on April 17, 2025 (together with the April 9, 2025 executive session, the "Executive Sessions") to discuss the responses to the initial supplemental information request and, following their review of the data provided, requested management present certain additional information at the Meeting. In addition to the Executive Sessions, the Board Members met in additional executive sessions prior to and during the Meeting. During the Meeting, the Board Members considered the responses, invited representatives of management to provide additional information and determined that the information provided (whether oral or written) was responsive to their requests.

The Board Members were advised by independent legal counsel during the annual review process as well as throughout the year, including meeting in executive sessions with such counsel at which no representatives of management were present. In connection with their annual review, the Board Members also received a memorandum from independent legal counsel outlining their fiduciary duties and legal standards in reviewing the Advisory Agreements, including guidance from court cases evaluating advisory fees.

After the discussions and with the background and knowledge described above, the Board Members approved the continuation of the Advisory Agreements on behalf of the applicable Funds for an additional one-year period. The Board did not identify any single factor as all-important or controlling, but rather each decision reflected the comprehensive consideration of all the information (written or oral) provided to the Board and its committees throughout the year as well as the materials prepared specifically in connection with the annual review process. The contractual arrangements may reflect the results of prior year(s) of review, negotiation and information provided in connection with the Board's annual review of the Funds' advisory arrangements and oversight of the Funds. Each Board Member may have attributed different levels of importance to the various factors and information considered in connection with the annual review process and may have placed different emphasis on the relevant information year to year in light of, among other things, changing market and economic conditions. A summary of the principal factors and information, but not all the factors, the Board considered in deciding to renew the Advisory Agreements is set forth below.

A. Nature, Extent and Quality of Services

In evaluating the renewal of the Advisory Agreements, the Board Members received and considered information regarding the nature, extent and quality of the Adviser's services provided to each respective Fund.

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The Board considered that the Adviser provides a wide array of management, oversight and other services to manage and operate the Funds. The Board considered the Adviser's and its affiliates' dedication of resources, time, people and capital as well as consistent program of improvement and innovation aimed at keeping the Nuveen fund complex relevant and attractive for existing and new investors and meeting the needs of an increasingly complex regulatory environment. Among the information provided in connection with the review of services at the Meeting and/or prior meetings, the Board considered a description of the organizational changes at the Adviser during the year, the management teams that comprise the various support and investment functions for the funds and the background of certain personnel who support the funds. The Board considered the significant resources, both financial and personnel, the Adviser and its affiliates had committed over the past several years in working to bring the asset management businesses of Nuveen and TIAA under one centralized umbrella and to consolidate their respective fund families (the "Consolidation") to the benefit of the funds through, among other things, enhanced operating efficiencies, centralized investment leadership and a centralized shared resources and support model. To help ensure the continuation of services, the Board considered, among other things, management's emphasis on succession planning and key person risk evaluation pursuant to which certain management team(s) meet annually to conduct a comprehensive review of successors to key positions, to develop and monitor corporate-wide standards and procedures in seeking to help ensure the firm may continue to operate in the event of business disruptions, and to review staffing and compensation levels to help remain competitive with peers in the industry. The Board considered a description of the application of business continuity plans and the periodic testing and review of such plans. As noted below, the Board also considered certain financial data of the Adviser and TIAA in assessing the financial stability and condition of the Adviser to provide a high level of quality services to the Funds.

In its review, the Board considered that the Funds operated in a highly regulated industry and the scope and complexity of the services and resources that the Adviser and its affiliates must provide to manage and operate the Funds have expanded over the years due to regulatory, market and other developments. Such services included maintaining and monitoring the Nuveen funds' compliance programs, risk management programs, liquidity risk management programs, derivatives risk management programs and cybersecurity programs. The Board and/or its Compliance, Risk Management and Regulatory Oversight Committee received reports regarding the funds' compliance policies and procedures and matters undertaken thereunder as well as other compliance initiatives on a regular basis.

With respect to the Funds, the Adviser and its investment team(s) are responsible for providing portfolio management of the Funds and managing the assets of the Funds, including conducting research, identifying investments and placing orders for the purchase or sale of the portfolio investments for the respective Fund. As noted below, the Board also considered the Nuveen funds' performance over various time periods throughout the year.

In addition to the portfolio management services provided to the Funds, the Board considered the extensive compliance, regulatory, administrative and other services the Adviser and its various teams or affiliates provide to manage and operate the applicable funds, including but not limited to: distribution management services pursuant to which management seeks to implement distribution policies and set distribution levels consistent with each fund's product design and positioning; compliance services including establishing and maintaining broad-based compliance policies across the fund complex, evaluating the compliance programs of various fund services providers, conducting ongoing risk assessments and testing, monitoring portfolio compliance with investment and regulatory requirements and providing a comprehensive compliance training program; providing regulatory advocacy services, including submitting comments on regulatory proposals and monitoring regulatory developments that may impact the fund(s); providing support to the Board and its committees throughout the year, including providing reports on a wide range of topics relating to the operations and management of the funds, helping to refine the materials provided to the Board and/or its committees and providing educational sessions on various topics; establishing and reviewing the services provided by other fund service providers (such as a fund's custodian, accountant, and transfer agent); providing legal support services; and evaluating trade allocation and execution. The Board considered that certain non-investment and non-distribution services were provided by the Adviser or its affiliates pursuant to a separate administrative agreement; however, given the Consolidation of the asset management businesses of TIAA and Nuveen, such administrative agreement was being phased out over a specified period with the administrative services for the funds to be provided under the respective Advisory Agreements at no additional cost.

Aside from the services provided, the Board considered the financial resources of the Adviser and/or their affiliates and their willingness to make investments to support the funds. The Board considered the funds' access to a seed capital budget provided by the Adviser and/or its affiliates to support new or existing funds and/or facilitate changes for a respective fund. The Board considered the benefits to shareholders of investing in a Fund that is a part of a large fund complex with a variety of investment disciplines, capabilities, and expertise. The Board considered the overall reputation and capabilities of the Adviser and its affiliates and the Adviser's continuing commitment to provide high quality services.

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## Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract. (continued)
In its review, the Board also considered the significant risks borne by the Adviser and its affiliates in connection with its services to the Nuveen funds, including entrepreneurial risks in sponsoring and supporting new funds and smaller funds and ongoing risks with managing the Funds, such as investment, operational, reputational, regulatory, compliance and litigation risks.

Based on its review, the Board determined, in the exercise of its reasonable business judgment, that it was satisfied with the nature, extent and quality of services provided to the respective Funds under each applicable Advisory Agreement.

B. The Investment Performance of the Funds and Adviser

In evaluating the quality of the services provided by the Adviser, the Board also considered a variety of investment performance data of the Funds. In leading up to the annual review, the Board and/or its Investment Committee considered, among other things, Fund performance over the quarter, one-, three- and five-year periods ending December 31, 2024 on an absolute basis and as compared to the performance of comparable peers (the "Performance Peer Group") and to a benchmark for the prescribed periods subject to exceptions including for the Nuveen Large Cap Responsible Equity Fund and the Nuveen International Responsible Equity Fund (the "Responsible Equity Funds") as described below. For Funds with multiple share classes, the performance data was based on Class I shares; however, the performance of other share classes was expected to be substantially similar as they invest in the same portfolio of securities and differences in performance among the classes of a fund generally may be principally attributed to the variations in the expense structures of the share classes. Prior to the Meeting, the Board also received updated Fund performance over the quarter, one-, three- and five-year periods ended March 31, 2025 on an absolute basis and in comparison to the Performance Peer Group (subject to certain exceptions noted below) and a benchmark for the prescribed periods.

In its review of relative performance for Funds with a Performance Peer Group, the Board considered a Fund's performance relative to its Performance Peer Group, among other things, by evaluating its quartile ranking with the 1st quartile representing the top performing funds within the Performance Peer Group and the 4th quartile representing the lowest performing funds. With respect to the Responsible Equity Funds, however, such Funds were designed to seek to achieve, in relevant part, a return represented by a benchmark (a "Benchmark Index") and accordingly, the Board received and reviewed performance information including, among other things, each such Fund's ex-ante tracking error compared to its reference index over various periods of time rather than Performance Peer Group data.

The Board took into account the performance data, presentations and discussions (written and oral) that were provided at the Meeting and in prior meetings over time in evaluating fund performance, including particular focus on management's analysis of the performance of funds that met certain screening measurements as determined pursuant to a methodology approved by the Board or additional measurements as determined by management's investment analysts. As various Nuveen funds have modified their portfolio teams and/or made significant changes to their portfolio strategies over time, the Board reviewed, among other things, certain tracking performance data over specific periods comparing performance before and after such changes.

In evaluating performance, the Board considered some of the limitations of the performance data. The Board considered, among other things, that performance data reflects performance over a specified period which may differ significantly depending on the ending dates selected, particularly during periods of market volatility. Further, the Board considered that regardless of the performance period reviewed by the Board, shareholders may evaluate performance based on their own respective holding periods which may differ from the performance periods reviewed by the Board and lead to differing results. With respect to comparative performance, the Board considered that differing investment objectives, investment strategies, dates of inception, type and cost of leverage (if any), asset size and other factors between the Performance Peer Group (if any) and the respective Fund necessarily lead to differences in performance results. Similarly, differences in the investment objective(s) and strategies of a Fund and its benchmark (particularly an actively managed fund that does not directly follow an index) as well as the costs of operating a Fund would contribute to differences in performance results. To assist the Board in its review of the comparability of the relative performance, management generally has ranked the relevancy of the Performance Peer Groups to the applicable funds as low, medium or high.

The Board evaluated performance in light of various relevant factors which may include, among other things, general market conditions, issuer-specific information, asset class information, leverage and fund cash flows. The Board considered that long- term performance could be impacted by even one period of significant outperformance or underperformance and that a single investment theme could disproportionately affect performance. Further, the Board considered that market and economic conditions may significantly impact a Fund's performance, particularly over shorter periods, and such performance may be more reflective of such economic or market events and not necessarily reflective of management skill. Although the Board reviews short-, intermediate- and longer-term performance data, the Board considered that longer periods of performance may reflect full market cycles.

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In their review from year to year, the Board Members consider and may place different emphasis on the relevant information in light of changing circumstances in market and economic conditions. In evaluating performance, the Board focused particular attention on funds with less favorable performance records. However, depending on the facts and circumstances, including any differences between the respective fund and its benchmark and/or Performance Peer Group, the Board may be satisfied with a fund's performance notwithstanding that its performance may be below that of its benchmark and/or peer group for certain periods. With respect to any funds for which the Board has identified performance issues, the Board seeks to monitor such funds more closely until performance improves, discuss with the applicable adviser the reasons for such results, consider whether any steps are necessary or appropriate to address such issues, discuss and evaluate the potential consequences of such steps and review the results of any steps undertaken.

The performance determinations with respect to each Fund are summarized below:

• For Nuveen Core Equity Fund (formerly, TIAA-CREF Growth & Income Fund), the Board considered that the Fund outperformed its benchmark and ranked in the first quartile of its Performance Peer Group for the one-, three- and five-year periods ended December 31, 2024. On the basis of the Board's ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund's investment objective(s) and management's discussion of performance, the Board concluded that the Fund's performance supported renewal of the Advisory Agreement.

• For Nuveen Large Cap Growth Fund (formerly, TIAA-CREF Large-Cap Growth Fund), the Board considered that although the Fund's performance was below the performance of its benchmark for the one-, three- and five-year periods ended December 31, 2024, the Fund ranked in the third quartile of its Performance Peer Group for the one-year period, second quartile for the three-year period and third quartile for the five-year period ended December 31, 2024. On the basis of the Board's ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund's investment objective(s) and management's discussion of performance, the Board concluded that the Fund's performance supported renewal of the Advisory Agreement.

• For Nuveen Large Cap Value Fund (formerly, TIAA-CREF Large-Cap Value Fund), the Board considered that the Fund outperformed its benchmark and ranked in the third quartile of its Performance Peer Group for the one-, three- and five- year periods ended December 31, 2024. On the basis of the Board's ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund's investment objective(s) and management's discussion of performance, the Board concluded that the Fund's performance supported renewal of the Advisory Agreement.

• For Nuveen Quant Mid Cap Growth Fund (formerly, Nuveen Mid Cap Growth Fund and previously TIAA-CREF Mid-Cap Growth Fund), the Board considered that the Fund's performance was below the performance of its benchmark and ranked in the fourth quartile of its Performance Peer Group for the one-, three- and five-year periods ended December 31, 2024. In its review, the Board considered certain changes to the Fund's investment strategies effective March 1, 2025 and performance prior to such date would not reflect these changes. On the basis of the Board's ongoing review of investment performance and management's discussion of performance and the changes in investment strategies for the Fund, the Board was satisfied with the steps taken to address any performance concerns and supported renewal of the Advisory Agreement.

• For Nuveen Mid Cap Value Fund (formerly, TIAA-CREF Mid-Cap Value Fund), the Board considered that although the Fund's performance was below the performance of its benchmark for the five-year period ended December 31, 2024, the Fund outperformed its benchmark for the one- and three-year periods ended December 31, 2024. In addition, the Fund ranked in the first quartile of its Performance Peer Group for the one-year period ended December 31, 2024 and third quartile for the three- and five-year periods ended December 31, 2024. On the basis of the Board's ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund's investment objective(s) and management's discussion of performance, the Board concluded that the Fund's performance supported renewal of the Advisory Agreement.

• For Nuveen Quant Small-Cap Equity Fund (formerly, TIAA-CREF Quant Small-Cap Equity Fund), the Board considered that the Fund outperformed its benchmark and ranked in the first quartile of its Performance Peer Group for the one-, three- and five-year periods ended December 31, 2024. On the basis of the Board's ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund's investment objective(s) and management's discussion of performance, the Board concluded that the Fund's performance supported renewal of the Advisory Agreement.

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## Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract. (continued)
• For Nuveen Quant Small/Mid Cap Equity Fund (formerly, TIAA-CREF Quant Small/Mid-Cap Equity Fund), the Board considered that the Fund outperformed its benchmark and ranked in the first quartile of its Performance Peer Group for the one-, three- and five-year periods ended December 31, 2024. On the basis of the Board's ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund's investment objective(s) and management's discussion of performance, the Board concluded that the Fund's performance supported renewal of the Advisory Agreement.

• For Nuveen Large Cap Responsible Equity Fund (formerly, TIAA-CREF Social Choice Equity Fund), the Board considered, among other things, the performance of the Fund and its benchmark for the one-, three- and five-year periods ended December 31, 2024 on an absolute basis and relative return basis compared to its Benchmark Index as well as its tracking error compared to its benchmark as of December 31, 2024 and as of each month end for the 2024 calendar year. Given the Fund's investment objective, however, the Board placed more emphasis on its review of the tracking error and correlation data and after review of such data and other metrics, the Board considered that the Fund had performed in line with expectations in 2024. On the basis of the Board's ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund's investment objective(s) and management's discussion of performance, the Board concluded that the Fund's performance supported renewal of the Advisory Agreement.

• For Nuveen Emerging Markets Equity Fund (formerly, TIAA-CREF Emerging Markets Equity Fund), the Board considered that the Fund's performance was below the performance of its benchmark for the one-, three- and five-year periods ended December 31, 2024. In addition, although the Fund ranked in the fourth quartile of its Performance Peer Group for the one- and five-year periods ended December 31, 2024, the Fund ranked in the third quartile of its Performance Peer Group for the three-year period ended December 31, 2024. The Board considered management's analysis on the Fund's performance, including the factors that contributed to or detracted from performance. On the basis of the Board's ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund's investment objective(s) and management's discussion of performance, the Board concluded that the Fund's performance supported renewal of the Advisory Agreement.

• For Nuveen International Equity Fund (formerly, TIAA-CREF International Equity Fund), the Board considered that although the Fund's performance was below the performance of its benchmark for the three-year period ended December 31, 2024, the Fund outperformed its benchmark for the one- and five-year periods ended December 31, 2024. In addition, although the Fund ranked in the fourth quartile of its Performance Peer Group for the three-year period, the Fund ranked in the third quartile of its Performance Peer Group for the one-year period and second quartile for the five-year period ended December 31, 2024. On the basis of the Board's ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund's investment objective(s) and management's discussion of performance, the Board concluded that the Fund's performance supported renewal of the Advisory Agreement.

• For Nuveen International Opportunities Fund (formerly, TIAA-CREF International Opportunities Fund), the Board considered that although the Fund's performance was below the performance of its benchmark for the one-, three- and five-year periods ended December 31, 2024 and ranked in the fourth quartile of its Performance Peer Group for the one-year period ended December 31, 2024, the Fund ranked in the third quartile of its Performance Peer Group in the three-year period and second quartile in the five-year period ended December 31, 2024. The Board considered management's analysis on the Fund's performance, including the factors that contributed to or detracted from performance. On the basis of the Board's ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund's investment objective(s) and management's discussion of performance, the Board concluded that the Fund's performance supported renewal of the Advisory Agreement.

• For Nuveen Quant International Small Cap Equity Fund (formerly, TIAA-CREF Quant International Small-Cap Equity Fund), the Board considered that although the Fund's performance was below the performance of its benchmark for the five- year period ended December 31, 2024, the Fund outperformed its benchmark for the one- and three-year periods ended December 31, 2024. The Fund also ranked in the first quartile of its Performance Peer Group for the one- and three-year periods ended December 31, 2024 and second quartile for the five-year period ended December 31, 2024. On the basis of the Board's ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund's investment objective(s) and management's discussion of performance, the Board concluded that the Fund's performance supported renewal of the Advisory Agreement.

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• For Nuveen International Responsible Equity Fund (formerly, TIAA-CREF Social Choice International Equity Fund), the Board considered, among other things, the performance of the Fund and its benchmark for the one-, three- and five-year periods ended December 31, 2024 on an absolute basis and relative return basis compared to its benchmark as well as its tracking error compared to its Benchmark Index as of December 31, 2024 and as of each month end for the 2024 calendar year. Given the Fund's investment objective, however, the Board placed more emphasis on its review of the tracking error and correlation data and after review of such data and other metrics, the Board considered that the Fund had performed in line with expectations in 2024. On the basis of the Board's ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund's investment objective(s) and management's discussion of performance, the Board concluded that the Fund's performance supported renewal of the Advisory Agreement.

C. Fees, Expenses and Profitability

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Fees and Expenses

As part of the annual review, the Board Members considered, among other things, the management fee schedules and the expense reimbursements and/or fee waivers agreed to by the Adviser for the respective Fund (if any). In addition to the management fee arrangements, the Board Members considered a Fund's operating expense ratio as it more directly reflected a shareholder's total costs in investing in the respective Fund.

In its review, the Board considered that in 2024, the Board approved changes to the management fee schedule of certain Funds to include a complex-wide component with corresponding changes to the fund-level fee schedule and to phase in assets of the participating funds into the calculation of the complex size over a ten-year period beginning May 1, 2024. The Board considered that the complex-level component is intended to be an efficient mechanism designed to help share cost efficiencies with shareholders as the complex-wide assets grow. Participating Funds included each Fund other than the Nuveen Large Cap Responsible Equity Fund. In addition, in conjunction with the Consolidation, the Board considered that the separate administrative agreement pursuant to which the Adviser provided the Funds with certain administrative services also began to be phased out over a three-year period beginning on May 1, 2024 and related savings.

The Board also considered comparative fee and expense information prepared by an independent third-party provider of fund data. More specifically, the Board Members generally reviewed, among other things, each Fund's management fee rates and net total expense ratio in relation to similar data for a comparable universe of peers (the "Expense Universe") and with respect to the open-end Funds, for a more focused group of comparable peers (the "Expense Group") established by Broadridge. With respect to the Broadridge comparative expense data, Broadridge applied Class R6 of the Funds. In its review of such comparative fee and expense data, the Board considered, among other things, a Fund's quartile rankings of its contractual management fee rate, actual management fee rate and net total expense ratio within its Expense Universe and Expense Group (as applicable) with the first quartile representing the range of funds with the lowest management fee rate or net total expense ratio, respectively, and the fourth quartile representing the range of funds with the highest management fee rate or net total expense ratio, respectively. In their review, the Board Members considered, in particular, each fund with a net total expense ratio meeting certain expense screening criteria adopted by the Board when compared to its Expense Universe and Expense Group (if any) and management's commentary as to the factors contributing to each such fund's relative net total expense ratio. The Board also considered, in relevant part, a fund's management fee in light of its performance history with particular focus on any fund identified as having a higher management fee and/or expense ratio compared to peers coupled with experiencing a period of challenged performance.

In their review, the Board Members considered the methodology Broadridge employed to establish its Expense Universe and Expense Group (as applicable). The Board further considered that differences between the applicable Fund and its respective Expense Universe and/or Expense Group, as well as changes to the composition of the Expense Universe and/or Expense Group from year to year, may limit some of the value of the comparative data. The Board Members also considered that it can be difficult to compare management fees among funds with peers as there are variations in the services that are included for the fees paid. The Board Members took these limitations and differences into account when reviewing comparative peer data.

The Board's considerations regarding the comparative fee data for each Fund are set forth below:

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## Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract. (continued)
• For Nuveen Core Equity Fund, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio each ranked in the second quartile of its Expense Group. In addition, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio ranked in the second quartile, second quartile and first quartile of its Expense Universe, respectively. Further, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio were each below the Expense Group median and Expense Universe median, respectively.

• For Nuveen Large Cap Growth Fund, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio each ranked in the first quartile of its Expense Group and Expense Universe, respectively. In addition, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio were each below the Expense Group median and Expense Universe median, respectively.

• For Nuveen Large Cap Value Fund, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio each ranked in the first quartile of its Expense Group. In addition, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio ranked in the second quartile, second quartile and first quartile of its Expense Universe, respectively. Further, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio were below the Expense Group median and Expense Universe median, respectively.

• For Nuveen Quant Mid Cap Growth Fund, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio each ranked in the first quartile of its Expense Group and Expense Universe, respectively. In addition, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio were below the Expense Group median and Expense Universe median, respectively.

• For Nuveen Mid Cap Value Fund, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio each ranked in the first quartile of its Expense Group and Expense Universe, respectively. In addition, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio were each below the Expense Group median and Expense Universe median, respectively.

• For Nuveen Quant Small Cap Equity Fund, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio each ranked in the first quartile of its Expense Group and Expense Universe, respectively. In addition, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio were each below the Expense Group median and Expense Universe median, respectively.

• For Nuveen Quant Small/Mid Cap Equity Fund, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio each ranked in the first quartile of its Expense Group and Expense Universe, respectively. In addition, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio were each below the Expense Group median and Expense Universe median, respectively.

• For Nuveen Large Cap Responsible Equity Fund, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio ranked in the first quartile, second quartile and first quartile of its Expense Group, respectively. In addition, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio ranked in the first quartile, second quartile and first quartile of its Expense Universe, respectively. Further, the Fund's contractual management fee rate and net total expense ratio were each below the Expense Group median and Expense Universe median, and the Fund's actual management fee rate matched the Expense Group median and Expense Universe median.

• For Nuveen Emerging Markets Equity Fund, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio ranked in the first quartile, second quartile and first quartile of its Expense Group, respectively. In addition, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio ranked in the second quartile, third quartile and first quartile of its Expense Universe, respectively. Further, the Fund's contractual management fee rate and net total expense ratio were each below the Expense Group median, and the actual management fee rate matched the Expense Group median. Although the Fund's actual management fee rate was above the Expense Universe median, the Fund's contractual management fee rate and net total expense ratio were each below the Expense Universe median.

• For Nuveen International Equity Fund, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio each ranked in the first quartile of its Expense Group and Expense Universe, respectively. In addition, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio were each below the Expense Group median and Expense Universe median, respectively.

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• For Nuveen International Opportunities Fund, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio each ranked in the first quartile of its Expense Group. In addition, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio ranked in the first quartile, second quartile and first quartile of its Expense Universe, respectively. Further, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio were each below the Expense Group median and Expense Universe median, respectively.

• For Nuveen Quant International Small-Cap Equity Fund, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio ranked in the first quartile, second quartile and first quartile of its Expense Group, respectively. In addition, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio each ranked in the first quartile of its Expense Universe. Further, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio were each below the Expense Group median and Expense Universe median, respectively.

• For Nuveen International Responsible Equity Fund, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio each ranked in the second quartile of its Expense Group. In addition, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio ranked in the first quartile, second quartile and second quartile of its Expense Universe, respectively. Further, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio were each below the Expense Group median. The Fund's contractual management fee rate and net total expense ratio were also below the Expense Universe median, and the Fund's actual management fee rate matched the Expense Universe median. In its review, the Board considered management's proposed temporary expense cap to be effective on or around May 1, 2025 through April 30, 2026.

Based on its review of the information provided, the Board determined that each Fund's management fees (as applicable) to the Adviser were reasonable in light of the nature, extent and quality of services provided to the Fund.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Comparisons with the Fees of Other Clients

In evaluating the appropriateness of fees, the Board also considered that the Adviser and/or its affiliate(s) provide investment management services to other types of clients which may include, among others: separately managed accounts ("SMAs"), retail managed accounts, foreign funds (UCITS), other investment companies (as sub-advisers), limited partnerships and collective investment trusts. The Board considered certain fee data for these other types of clients managed in a similar manner to certain of the funds compared to the management fee of the applicable fund. The Board considered a description of various factors which contribute to the differences in the management fee rates of the funds compared to those charged to these other types of clients which limited the comparability of the data. In this regard, the Board considered that the differences in, among other things, the breadth of services provided by the Adviser and its affiliates to the funds compared to those provided to other clients; the expenses the Adviser and its affiliates incur in launching, operating and supporting a fund; the support services provided to shareholders; the extensive regulatory, disclosure and governance requirements applicable to funds; the establishment and maintenance of servicing relationships with various service providers for the funds; the manner of managing such assets; investment policies; investor profiles; and account sizes all may contribute to the variations in relative fee rates. Differences in the level of advisory services required for passively managed funds also contribute to differences in the management fee levels of such funds compared to actively managed funds. In addition, differences in the client base; governing bodies, regulatory and legal requirements; distribution; jurisdiction and operational complexities also would contribute to variations in management fees assessed the funds compared to foreign fund clients. Further, differences in the level of advisory and non-advisory services required and risk incurred when serving as a sub-adviser to other investment companies compared to serving as an Adviser to a Nuveen fund contribute to differences in the fees assessed. In this regard, the Board further considered the significant entrepreneurial, legal and regulatory risks that the Adviser incurs in sponsoring and managing the Funds. As a general matter, higher fee levels reflect higher levels of service provided by the Adviser, increased investment management complexity, greater product management requirements, and higher levels of business risk or some combination of these factors. The Board concluded that the varying levels of fees were reasonable given the foregoing.

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## Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract. (continued)
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Profitability of the Adviser

In considering the costs of services to be provided and profits to be realized by the Adviser from its relationship with the Funds, the Board Members considered a variety of estimated profitability data from various perspectives including, among other things, (a) historical pre-distribution and post-distribution margins over specified periods for the Adviser's services to the applicable funds; (b) certain profitability data on behalf of the Adviser attributable to servicing all applicable funds for 2024 and 2023; (c) certain profitability data of both the Adviser and NFAL (as an adviser for other Nuveen funds) on a combined basis derived from types of funds in the aggregate (i.e., from closed-end funds, exchange-traded funds, interval funds and open-end funds) for 2024 and 2023; and (d) certain profitability data of both the Adviser and NFAL on a combined basis by asset grouping of Nuveen funds in the aggregate (i.e., from equity, fund of funds, index, municipal bond and taxable fixed income funds). In addition, the Board considered profitability data at the per fund level for the respective adviser.

In reviewing the profitability data, the Board Members considered the subjective nature of calculating profitability as the information is not audited and is necessarily dependent on cost allocation methodologies to allocate expenses throughout the complex and among the various advisory products. The Board reviewed, among other things, a description of the cost allocation methodology employed to develop the profitability data. However, the Board Members considered that given there is no single universally recognized expense allocation methodology, other reasonable and valid allocation methodologies could be employed and could lead to significantly different profit and loss results and therefore developing profitability data is difficult, particularly on a per fund level.

Further, in considering the comparative margin data with peers, the Board Members considered the limitations of the comparative data given that peer data is not generally public and the calculation of profitability is subjective and affected by numerous factors (such as types of funds a peer manages, its business mix, its cost of capital, the numerous assumptions underlying the methodology used to allocate expenses and other factors) that can have a significant impact on the results. Given that the peer profitability data may reflect the different business mix of the respective peer firm, the Board also considered the pre- and post-distribution margins of Nuveen, LLC for each of the calendar years from 2020 through 2024.

Aside from the foregoing profitability data, the Board also considered, among other things, the audited statutory-basis financial statements of TIAA as of December 31, 2024 and 2023 and the related statutory-basis statements of operations, of changes in capital and contingency reserves and of cash flows for the years ended December 31, 2024, December 31, 2023 and December 31, 2022. The Board considered the benefit of an investment adviser and its parent with significant resources, particularly during periods of market volatility. The Board also considered the investments the Adviser, its parent and/or other affiliates made into their business.

In evaluating the reasonableness of the compensation, the Board Members also considered the indirect benefits the Adviser received that were directly attributable to the management of the applicable funds as discussed in further detail below. Based on its review, the Board was satisfied that the Adviser's level of profitability from its relationship with the applicable Fund was not unreasonable in light of the nature, extent and quality of services provided.

D. Economies of Scale and Whether Fee Levels Reflect These Economies of Scale

The Board considered whether there have been economies of scale with respect to the management of the funds, whether these economies of scale have been appropriately shared with the funds and whether there is potential for realization of further economies of scale. Although the Board considered that economies of scale are difficult to measure with any precision and the rates at which certain expenses are incurred may not decline with a rise in assets, the Board considered that there are a variety of methods that may be employed to help share the benefits of economies of scale, including, among other things, through the use of breakpoints in the management fee schedule, fee waivers and/or expense limitations, the pricing of funds at scale at inception and investments in the Adviser's business which can enhance the services provided to the funds for the fees paid. The Board considered such factors applicable to the particular Fund's advisory fee structure.

As noted above, the Board considered that it approved in 2024 changes to the management fee structure of certain Funds to incorporate a complex-level component. Accordingly, such participating Funds' management fee would be comprised of a fund-level component and a complex-level component. Participating Funds in the complex-level component include each Fund except the Nuveen Large Cap Responsible Equity Fund. With this structure, the Board considered that the complex- level breakpoint schedule was designed to deliver the benefits of economies of scale to shareholders when the assets of the eligible participating funds in the complex pass certain thresholds even if the assets of a particular fund are unchanged or have declined, and the fund-level breakpoint schedules were designed to share economies of scale with shareholders if the particular fund grows. The Board reviewed the fund-level and complex-level fee schedules.

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In addition to the fund-level and complex-level fee schedules (as applicable), the Board Members considered the temporary and/or permanent expense caps applicable to a Fund (if any). The Board considered that such waivers and reimbursements are another means for potential economies of scale to be shared with shareholders of such funds and can provide a protection from an increase in expenses if the assets of the applicable funds decline.

The Board Members also considered the continued reinvestment in Nuveen's business to enhance its capabilities and services to the benefit of its various clients. The Board considered that many of these investments were not specific to individual Nuveen funds, but rather initiatives from which the family of funds as a whole may benefit. The Board further considered that the scope of the services of the Adviser and its affiliates have expanded over time without raising advisory fees to the funds, and this was also a means of sharing economies of scale with the funds and their shareholders. The Board considered the Adviser's and/or its affiliates' ongoing efforts to streamline the product line-up, among other things, to create more scaled funds which may help improve both expense and trading economies for participating funds.

Based on its review, the Board was satisfied that the current fee arrangements together with the reinvestment in management's business appropriately shared any economies of scale with shareholders.

E. Indirect Benefits

The Board Members received and considered information regarding various indirect benefits the Adviser or its affiliates may receive as a result of their relationship with the funds. These benefits included, among other things, economies of scale to the extent the Adviser or its affiliates share investment resources and/or personnel with other clients of the Adviser. Certain funds may also be used as investment options for other products or businesses offered by the Adviser and/or its affiliates, such as variable products, fund of funds and 529 education savings plans, and the Adviser and affiliates of the Adviser may serve as sub-adviser to various funds in which case all advisory and sub-advisory fees generated by such funds stay within Nuveen.

Further, the funds may pay the Adviser and/or its affiliates for other services, such as distribution. In this regard, the Board Members considered that an affiliate of the Adviser serves as principal underwriter providing distribution and/or shareholder services to the open-end funds for which it may be compensated. To the extent an open-end fund pays 12b-1 fees, the Board Members considered that some of those fees may be retained by the Adviser's affiliate. In addition, the Board considered that an affiliate of the Adviser received compensation in 2024 for serving as an underwriter on shelf offerings of existing closed-end funds and reviewed the amounts paid for such services in 2024 and 2023. With respect to the Funds, the Board Members considered that the Adviser or its affiliates were reimbursed for certain costs of administrative services pursuant to an administrative agreement; however, such administrative agreement was being phased out over time.

In addition, the Board Members considered that the Adviser may utilize soft dollar brokerage arrangements attributable to the respective fund(s) to obtain research and other services for any or all of their clients, although the Board Members also considered that the Adviser reimburses the funds it advises for all such costs.

The Adviser and its affiliates may also benefit from the advisory relationships with the funds in the fund complex to the extent this relationship results in potential investors viewing the TIAA group of companies as a leading retirement plan provider in the academic and nonprofit market and a single source for all their financial service needs. The Adviser and/or its affiliates may further benefit to the extent that they have pricing or other information regarding vendors the funds utilize in establishing arrangements with such vendors for other products.

Based on its review, the Board concluded that any indirect benefits received by the Adviser as a result of its relationship with the Funds were reasonable in light of the services provided.

F. Other Considerations

The Board Members did not identify any single factor discussed previously as all-important or controlling. The Board Members concluded that the terms of each Advisory Agreement were reasonable, that the Adviser's fees were reasonable in light of the services provided to each Fund and that the Advisory Agreements be renewed for an additional one-year period.

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## Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract.

#### Nuveen Equity Index Fund

#### Nuveen Large Cap Growth Index Fund

#### Nuveen Large Cap Value Index Fund

#### Nuveen Small Cap Blend Index Fund

#### Nuveen S&P 500 Index Fund

#### Nuveen Emerging Markets Equity Index Fund

#### Nuveen International Equity Index Fund

#### The Approval Process
At meetings held on April 28 and 29, 2025 (the "Meeting"), the Board of Trustees (collectively, the "Board" and each Trustee, a "Board Member") of TIAA-CREF Funds (the "Trust") approved, for each applicable series of the Trust, the renewal of the investment management agreement with Teachers Advisors, LLC ("TAL" and TAL is an "Adviser") pursuant to which TAL serves as investment adviser to such funds. TAL is an indirect wholly owned subsidiary of Teachers Insurance and Annuity Association of America ("TIAA"). The Board Members are not "interested persons" (as defined under the Investment Company Act of 1940 (the "1940 Act")) and, therefore, the Board is deemed to be comprised of all disinterested Board Members. References to the Board and the Board Members are interchangeable. Below is a summary of the annual review process the Board undertook related to its most recent renewal of the investment management agreement (each an "Advisory Agreement") with respect to each series covered by this report (the "Funds").

In accordance with applicable law, following up to an initial two-year period, the Board considers the renewal of each Advisory Agreement on behalf of the applicable Fund on an annual basis. To reach their determination, the Board Members considered the review of the Advisory Agreements to be an ongoing process. The Board Members employed the accumulated information, knowledge and experience they had gained during their tenure as disinterested Board Members on the respective boards of the funds in the Nuveen complex and their committees in overseeing the applicable funds and working with the respective investment advisers and sub-advisers in their review of the advisory agreements for the fund complex. The fund complex consists of the group of funds advised by TAL, including the Funds, and the group of funds advised by Nuveen Fund Advisors, LLC ("NFAL" and collectively, the "Nuveen funds" or the "funds"). NFAL is a subsidiary of Nuveen, LLC, the investment management arm of TIAA. The Board and/or its committees meet regularly throughout the year and at these meetings, the Board Members received materials and discussed information covering a wide range of topics pertinent to the annual consideration of the renewal of the Advisory Agreements. Such topics include, but are not limited to, the investment performance of the funds over various periods; investment oversight matters; economic, market and regulatory developments; any significant organizational or other developments impacting the Adviser and its strategic plans for its business; product initiatives for various funds; fund expenses; compliance, regulatory and risk management matters; trading practices, including soft dollar arrangements and reimbursements to the funds; the liquidity and derivatives risk management programs; management of distributions; valuation of securities; payments to financial intermediaries, including 12b-1 expenses (as applicable); and securities lending (as applicable). The Board also seeks to meet at its regular quarterly meetings with members of senior management to discuss various topics, including market conditions, industry developments and any significant developments or strategic plans for the Adviser, if any.

To help with the review of performance, the Board and/or its committees periodically received and discussed presentations from member(s) of investment teams throughout the year, culminating in an annual performance review of the Nuveen funds at the Board's meeting held on February 25-26, 2025 (the "February Meeting"). The presentations, discussions and meetings during the year provide a means for the Board Members to evaluate and consider the level, breadth and quality of services provided by the Adviser and any changes to such services over time in light of new or modified regulatory requirements, changes to market conditions or other factors.

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## Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract. (continued)
In addition to the materials and discussions that occurred at prior meetings, the Board, through its independent legal counsel, requested and received extensive materials and information prepared specifically for its review of the Advisory Agreements. During the year, management worked with an ad hoc committee established by the Board to help enhance and streamline the materials provided in connection with the annual review of the Advisory Agreements. The materials provided at the Meeting and/or prior meetings covered a wide range of matters including, but not limited to, a description of the nature, extent and quality of services provided by the Adviser; an analysis of fund performance with a focus on funds considered to have met certain challenged performance measurements; an analysis of the fees and expense ratios of the funds with a focus on funds considered to have certain expense characteristics; a list of management fee schedules; an analysis of advisory fees compared to fees assessed to other types of clients; a review of temporary and/or permanent expense caps and fee waivers (as applicable); a description of portfolio manager compensation; certain profitability and/or financial data; and a description of indirect benefits received by the Adviser as a result of its relationships with the funds. The Board also considered information provided by Broadridge Financial Solutions, Inc. ("Broadridge"), an independent provider of investment company data, comparing fee and expense levels of each Fund to those of a peer universe and to a group of peers selected by Broadridge.

The information prepared specifically for the annual review supplemented the information provided to the Board and its committees and the evaluations of the Nuveen funds by the Board and its committees during the year. The Board's review of the Advisory Agreements is based on all the information provided to the Board and its committees over time. The performance, fee and expense data and other information provided by the Adviser, Broadridge or other service providers were not independently verified by the Board Members.

As part of their review, the Board Members and independent legal counsel met in executive session on April 9, 2025 to review and discuss materials provided in connection with their annual review of the Advisory Agreements. After reviewing this information, the Board Members requested, directly or through independent legal counsel, additional information, and the Board subsequently reviewed and discussed the responses to these follow-up questions and requests. The Board Members and independent legal counsel met again in executive session on April 17, 2025 (together with the April 9, 2025 executive session, the "Executive Sessions") to discuss the responses to the initial supplemental information request and, following their review of the data provided, requested management present certain additional information at the Meeting. In addition to the Executive Sessions, the Board Members met in additional executive sessions prior to and during the Meeting. During the Meeting, the Board Members considered the responses, invited representatives of management to provide additional information and determined that the information provided (whether oral or written) was responsive to their requests.

The Board Members were advised by independent legal counsel during the annual review process as well as throughout the year, including meeting in executive sessions with such counsel at which no representatives of management were present. In connection with their annual review, the Board Members also received a memorandum from independent legal counsel outlining their fiduciary duties and legal standards in reviewing the Advisory Agreements, including guidance from court cases evaluating advisory fees.

After the discussions and with the background and knowledge described above, the Board Members approved the continuation of the Advisory Agreements on behalf of the applicable Funds for an additional one-year period. The Board did not identify any single factor as all-important or controlling, but rather each decision reflected the comprehensive consideration of all the information (written or oral) provided to the Board and its committees throughout the year as well as the materials prepared specifically in connection with the annual review process. The contractual arrangements may reflect the results of prior year(s) of review, negotiation and information provided in connection with the Board's annual review of the Funds' advisory arrangements and oversight of the Funds. Each Board Member may have attributed different levels of importance to the various factors and information considered in connection with the annual review process and may have placed different emphasis on the relevant information year to year in light of, among other things, changing market and economic conditions. A summary of the principal factors and information, but not all the factors, the Board considered in deciding to renew the Advisory Agreements is set forth below.

A. Nature, Extent and Quality of Services

In evaluating the renewal of the Advisory Agreements, the Board Members received and considered information regarding the nature, extent and quality of the Adviser's services provided to each respective Fund.

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The Board considered that the Adviser provides a wide array of management, oversight and other services to manage and operate the Funds. The Board considered the Adviser's and its affiliates' dedication of resources, time, people and capital as well as consistent program of improvement and innovation aimed at keeping the Nuveen fund complex relevant and attractive for existing and new investors and meeting the needs of an increasingly complex regulatory environment. Among the information provided in connection with the review of services at the Meeting and/or prior meetings, the Board considered a description of the organizational changes at the Adviser during the year, the management teams that comprise the various support and investment functions for the funds and the background of certain personnel who support the funds. The Board considered the significant resources, both financial and personnel, the Adviser and its affiliates had committed over the past several years in working to bring the asset management businesses of Nuveen and TIAA under one centralized umbrella and to consolidate their respective fund families (the "Consolidation") to the benefit of the funds through, among other things, enhanced operating efficiencies, centralized investment leadership and a centralized shared resources and support model. To help ensure the continuation of services, the Board considered, among other things, management's emphasis on succession planning and key person risk evaluation pursuant to which certain management team(s) meet annually to conduct a comprehensive review of successors to key positions, to develop and monitor corporate-wide standards and procedures in seeking to help ensure the firm may continue to operate in the event of business disruptions, and to review staffing and compensation levels to help remain competitive with peers in the industry. The Board considered a description of the application of business continuity plans and the periodic testing and review of such plans. As noted below, the Board also considered certain financial data of the Adviser and TIAA in assessing the financial stability and condition of the Adviser to provide a high level of quality services to the Funds.

In its review, the Board considered that the Funds operated in a highly regulated industry and the scope and complexity of the services and resources that the Adviser and its affiliates must provide to manage and operate the Funds have expanded over the years due to regulatory, market and other developments. Such services included maintaining and monitoring the Nuveen funds' compliance programs, risk management programs, liquidity risk management programs, derivatives risk management programs and cybersecurity programs. The Board and/or its Compliance, Risk Management and Regulatory Oversight Committee received reports regarding the funds' compliance policies and procedures and matters undertaken thereunder as well as other compliance initiatives on a regular basis.

With respect to the Funds, the Adviser and its investment team(s) are responsible for providing portfolio management of the Funds and managing the assets of the Funds, including conducting research, identifying investments and placing orders for the purchase or sale of the portfolio investments for the respective Fund. As noted below, the Board also considered the Nuveen funds' performance over various time periods throughout the year.

In addition to the portfolio management services provided to the Funds, the Board considered the extensive compliance, regulatory, administrative and other services the Adviser and its various teams or affiliates provide to manage and operate the applicable funds, including but not limited to: distribution management services pursuant to which management seeks to implement distribution policies and set distribution levels consistent with each fund's product design and positioning; compliance services including establishing and maintaining broad-based compliance policies across the fund complex, evaluating the compliance programs of various fund services providers, conducting ongoing risk assessments and testing, monitoring portfolio compliance with investment and regulatory requirements and providing a comprehensive compliance training program; providing regulatory advocacy services, including submitting comments on regulatory proposals and monitoring regulatory developments that may impact the fund(s); providing support to the Board and its committees throughout the year, including providing reports on a wide range of topics relating to the operations and management of the funds, helping to refine the materials provided to the Board and/or its committees and providing educational sessions on various topics; establishing and reviewing the services provided by other fund service providers (such as a fund's custodian, accountant, and transfer agent); providing legal support services; and evaluating trade allocation and execution. The Board considered that certain non-investment and non-distribution services were provided by the Adviser or its affiliates pursuant to a separate administrative agreement; however, given the Consolidation of the asset management businesses of TIAA and Nuveen, such administrative agreement was being phased out over a specified period with the administrative services for the funds to be provided under the respective Advisory Agreements at no additional cost.

Aside from the services provided, the Board considered the financial resources of the Adviser and/or their affiliates and their willingness to make investments to support the funds. The Board considered the funds' access to a seed capital budget provided by the Adviser and/or its affiliates to support new or existing funds and/or facilitate changes for a respective fund. The Board considered the benefits to shareholders of investing in a Fund that is a part of a large fund complex with a variety of investment disciplines, capabilities, and expertise. The Board considered the overall reputation and capabilities of the Adviser and its affiliates and the Adviser's continuing commitment to provide high quality services.

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## Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract. (continued)
In its review, the Board also considered the significant risks borne by the Adviser and its affiliates in connection with its services to the Nuveen funds, including entrepreneurial risks in sponsoring and supporting new funds and smaller funds and ongoing risks with managing the Funds, such as investment, operational, reputational, regulatory, compliance and litigation risks.

Based on its review, the Board determined, in the exercise of its reasonable business judgment, that it was satisfied with the nature, extent and quality of services provided to the respective Funds under each applicable Advisory Agreement.

B. The Investment Performance of the Funds and Adviser

In evaluating the quality of the services provided by the Adviser, the Board also considered a variety of investment performance data of the Funds. In leading up to the annual review, the Board and/or its Investment Committee considered, among other things, Fund performance over the quarter, one-, three- and five-year periods ending December 31, 2024 on an absolute basis and to a benchmark for the prescribed periods. For Funds with multiple share classes, the performance data was based on Class I shares; however, the performance of other share classes was expected to be substantially similar as they invest in the same portfolio of securities and differences in performance among the classes of a fund generally may be principally attributed to the variations in the expense structures of the share classes. Prior to the Meeting, the Board also received updated Fund performance over the quarter, one-, three- and five-year periods ended March 31, 2025 on an absolute basis and in comparison to the benchmark for the prescribed periods. With respect to the Funds, such Funds were designed to seek to achieve, in relevant part, a return represented by a benchmark (the "Benchmark Index") and accordingly, the Board received and reviewed performance information including, among other things, each such Fund's ex-ante tracking error compared to its reference index over various periods of time rather than performance peer group data.

The Board took into account the performance data, presentations and discussions (written and oral) that were provided at the Meeting and in prior meetings over time in evaluating fund performance, including particular focus on management's analysis of the performance of funds that met certain screening measurements as determined pursuant to a methodology approved by the Board or additional measurements as determined by management's investment analysts. As various Nuveen funds have modified their portfolio teams and/or made significant changes to their portfolio strategies over time, the Board reviewed, among other things, certain tracking performance data over specific periods comparing performance before and after such changes.

In evaluating performance, the Board considered some of the limitations of the performance data. The Board considered, among other things, that performance data reflects performance over a specified period which may differ significantly depending on the ending dates selected, particularly during periods of market volatility. Further, the Board considered that regardless of the performance period reviewed by the Board, shareholders may evaluate performance based on their own respective holding periods which may differ from the performance periods reviewed by the Board and lead to differing results. With respect to comparative performance, the Board considered that differences in the investment objective(s) and strategies of a Fund and its benchmark (particularly an actively managed fund that does not directly follow an index) as well as the costs of operating a Fund would contribute to differences in performance results.

The Board evaluated performance in light of various relevant factors which may include, among other things, general market conditions, issuer-specific information, asset class information, leverage and fund cash flows. The Board considered that long- term performance could be impacted by even one period of significant outperformance or underperformance and that a single investment theme could disproportionately affect performance. Further, the Board considered that market and economic conditions may significantly impact a Fund's performance, particularly over shorter periods, and such performance may be more reflective of such economic or market events and not necessarily reflective of management skill. Although the Board reviews short-, intermediate- and longer-term performance data, the Board considered that longer periods of performance may reflect full market cycles.

In their review from year to year, the Board Members consider and may place different emphasis on the relevant information in light of changing circumstances in market and economic conditions. In evaluating performance, the Board focused particular attention on funds with less favorable performance records. However, depending on the facts and circumstances, including any differences between the respective fund and its benchmark, the Board may be satisfied with a fund's performance notwithstanding that its performance may be below that of its benchmark for certain periods. With respect to any funds for which the Board has identified performance issues, the Board seeks to monitor such funds more closely until performance improves, discuss with the applicable adviser the reasons for such results, consider whether any steps are necessary or appropriate to address such issues, discuss and evaluate the potential consequences of such steps and review the results of any steps undertaken.

The performance determinations with respect to each Fund are summarized below:

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## &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
• For Nuveen Equity Index Fund (formerly, TIAA-CREF Equity Index Fund), the Board considered, among other things, the performance of the Fund for the one-, three- and five-year periods ended December 31, 2024 on an absolute basis and relative return basis compared to its Benchmark Index as well as its tracking error compared to its Benchmark Index as of December 31, 2024 as of each month end for the 2024 calendar year. Given the Fund's investment objective, however, the Board placed more emphasis on its review of the tracking error and correlation data and after review of such data and other metrics, the Board considered that the Fund had performed in line with expectations in 2024. On the basis of the Board's ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund's investment objective(s) and management's discussion of performance, the Board concluded that the Fund's performance supported renewal of the Advisory Agreement.

• For Nuveen Large Cap Growth Index Fund (formerly, TIAA-CREF Large-Cap Growth Index Fund), the Board considered, among other things, the performance of the Fund for the one-, three- and five-year periods ended December 31, 2024 on an absolute basis and relative return basis compared to its Benchmark Index as well as its tracking error compared to its Benchmark Index as of December 31, 2024 as of each month end for the 2024 calendar year. Given the Fund's investment objective, however, the Board placed more emphasis on its review of the tracking error and correlation data and after review of such data and other metrics, the Board considered that the Fund had performed in line with expectations in 2024. On the basis of the Board's ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund's investment objective(s) and management's discussion of performance, the Board concluded that the Fund's performance supported renewal of the Advisory Agreement.

• For Nuveen Large Cap Value Index Fund (formerly, TIAA-CREF Large-Cap Value Index Fund), the Board considered, among other things, the performance of the Fund for the one-, three- and five-year periods ended December 31, 2024 on an absolute basis and relative return basis compared to its Benchmark Index as well as its tracking error compared to its Benchmark Index as of December 31, 2024 and as of each month end for the 2024 calendar year. Given the Fund's investment objective, however, the Board placed more emphasis on its review of the tracking error and correlation data and after review of such data and other metrics, the Board considered that the Fund had performed in line with expectations in 2024. On the basis of the Board's ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund's investment objective(s) and management's discussion of performance, the Board concluded that the Fund's performance supported renewal of the Advisory Agreement.

• For Nuveen Small Cap Blend Index Fund (formerly, TIAA-CREF Small-Cap Blend Index Fund), the Board considered, among other things, the performance of the Fund for the one-, three- and five-year periods ended December 31, 2024 as well as its tracking error compared to its Benchmark Index as of December 31, 2024 and as of each month end for the 2024 calendar year. Given the Fund's investment objective, however, the Board placed more emphasis on its review of the tracking error and correlation data and after review of such data and other metrics, the Board considered that the Fund had performed in line with expectations in 2024. On the basis of the Board's ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund's investment objective(s) and management's discussion of performance, the Board concluded that the Fund's performance supported renewal of the Advisory Agreement.

• For Nuveen S&P 500 Index Fund (formerly, TIAA-CREF S&P 500 Index Fund), the Board considered, among other things, the performance of the Fund for the one-, three- and five-year periods ended December 31, 2024 on an absolute basis and relative return basis compared to its Benchmark Index as well as its tracking error compared to its Benchmark Index as of December 31, 2024 and as of each month end for the 2024 calendar year. Given the Fund's investment objective, however, the Board placed more emphasis on its review of the tracking error and correlation data and after review of such data and other metrics, the Board considered that the Fund had performed in line with expectations in 2024. On the basis of the Board's ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund's investment objective(s) and management's discussion of performance, the Board concluded that the Fund's performance supported renewal of the Advisory Agreement.

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## Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract. (continued)
• For Nuveen Emerging Markets Equity Index Fund (formerly, TIAA-CREF Emerging Markets Equity Index Fund), the Board considered, among other things, the performance of the Fund for the one-, three- and five-year periods ended December 31, 2024 on an absolute basis and relative return basis compared to its Benchmark Index as well as its tracking error compared to its Benchmark Index as of December 31, 2024 and as of each month end for the 2024 calendar year. Given the Fund's investment objective, however, the Board placed more emphasis on its review of the tracking error and correlation data. The Board considered management's analysis as to factors that contributed to the deviation of the Fund's gross returns from its index over specified periods and that the Fund's relative returns were within the ranges of peers with similar emerging markets mandates over the specified time periods. After review of such data and other metrics, the Board considered that the Fund had performed in line with expectations in 2024. On the basis of the Board's ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund's investment objective(s) and management's discussion of performance, the Board concluded that the Fund's performance supported renewal of the Advisory Agreement.

• For Nuveen International Equity Index Fund (formerly, TIAA-CREF International Equity Index Fund), the Board considered, among other things, the performance of the Fund for the one-, three- and five-year periods ended December 31, 2024 on an absolute basis and relative return compared to its Benchmark Index as well as its tracking error compared to its Benchmark Index as of December 31, 2024 and as of each month end for the 2024 calendar year. Given the Fund's investment objective, however, the Board placed more emphasis on its review of the tracking error and correlation data and after review of such data and other metrics, the Board considered that the Fund had performed in line with expectations in 2024. On the basis of the Board's ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund's investment objective(s) and management's discussion of performance, the Board concluded that the Fund's performance supported renewal of the Advisory Agreement.

C. Fees, Expenses and Profitability

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Fees and Expenses

As part of the annual review, the Board Members considered, among other things, the management fee schedules and the expense reimbursements and/or fee waivers agreed to by the Adviser for the respective Fund (if any). In addition to the management fee arrangements, the Board Members considered a Fund's operating expense ratio as it more directly reflected a shareholder's total costs in investing in the respective Fund.

The Board also considered comparative fee and expense information prepared by an independent third-party provider of fund data. More specifically, the Board Members generally reviewed, among other things, each Fund's management fee rates and net total expense ratio in relation to similar data for a comparable universe of peers (the "Expense Universe") and with respect to the open-end Funds, for a more focused group of comparable peers (the "Expense Group") established by Broadridge. With respect to the Broadridge comparative expense data, Broadridge applied Class R6 of the Funds. In its review of such comparative fee and expense data, the Board considered, among other things, a Fund's quartile rankings of its contractual management fee rate, actual management fee rate and net total expense ratio within its Expense Universe and Expense Group (as applicable) with the first quartile representing the range of funds with the lowest management fee rate or net total expense ratio, respectively, and the fourth quartile representing the range of funds with the highest management fee rate or net total expense ratio, respectively. In their review, the Board Members considered, in particular, each fund with a net total expense ratio meeting certain expense screening criteria adopted by the Board when compared to its Expense Universe and Expense Group (if any) and management's commentary as to the factors contributing to each such fund's relative net total expense ratio. The Board also considered, in relevant part, a fund's management fee in light of its performance history with particular focus on any fund identified as having a higher management fee and/or expense ratio compared to peers coupled with experiencing a period of challenged performance. In addition, in conjunction with the Consolidation, the Board considered that the separate administrative agreement pursuant to which TAL provided the Funds with certain administrative services also began to be phased out over a three-year period beginning on May 1, 2024 and related savings.

In their review, the Board Members considered the methodology Broadridge employed to establish its Expense Universe and Expense Group (as applicable). The Board further considered that differences between the applicable Fund and its respective Expense Universe and/or Expense Group, as well as changes to the composition of the Expense Universe and/or Expense Group from year to year, may limit some of the value of the comparative data. The Board Members also considered that it can be difficult to compare management fees among funds with peers as there are variations in the services that are included for the fees paid. The Board Members took these limitations and differences into account when reviewing comparative peer data.

The Board's considerations regarding the comparative fee data for each Fund are set forth below:

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## &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
• For Nuveen Equity Index Fund, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio each ranked in the second quartile of its Expense Group, respectively. In addition, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio each ranked in the first quartile of its Expense Universe, respectively. Further, the Fund's contractual management fee rate, actual management fee rate and its net total expense ratio each matched the Expense Group median. The Fund's contractual management fee rate and actual management fee rate each matched the Expense Universe median, and the net total expense ratio was below the Expense Universe median.

• For Nuveen Large Cap Growth Index Fund, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio ranked in the first quartile, second quartile and first quartile of its Expense Group, respectively. In addition, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio each ranked in the first quartile of its Expense Universe. Further, the Fund's contractual management fee rate and net total expense ratio were each below the Expense Group median and actual management fee rate matched the Expense Group median. The Fund's contractual management fee rate, actual management fee rate and net total expense ratio were each below the Expense Universe median.

• For Nuveen Large Cap Value Index Fund, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio each ranked in the second quartile of its Expense Group. In addition, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio each ranked in the first quartile of its Expense Universe. Further, the Fund's contractual management fee rate and net total expense ratio were each below the Expense Group median, and the Fund's actual management fee rate matched the Expense Group median. The Fund's contractual management fee rate, actual management fee rate and net total expense ratio were each below the Expense Universe median.

• For Nuveen S&P 500 Index Fund, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio ranked in the first quartile, second quartile and second quartile of its Expense Group, respectively. In addition, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio each ranked in the first quartile of its Expense Universe. Further, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio were each below the Expense Group median and Expense Universe median, respectively.

• For Nuveen Small Cap Blend Index Fund, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio ranked in the first quartile, second quartile and second quartile of its Expense Group, respectively. In addition, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio each ranked in the first quartile of its Expense Universe. Further, the Fund's contractual management fee rate and net total expense ratio were each below the Expense Group median, and the actual management fee rate matched the Expense Group median. The Fund's contractual management fee rate, actual management fee rate and net total expense ratio were each below the Expense Universe median.

• For Nuveen International Equity Index Fund, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio ranked in the first quartile, second quartile and second quartile of its Expense Group, respectively. In addition, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio each ranked in the first quartile of its Expense Universe, respectively. In addition, the Fund's contractual management fee, actual management fee rate and net total expense ratio were each below the Expense Group median and Expense Universe median, respectively.

Based on its review of the information provided, the Board determined that each Fund's management fees (as applicable) to the Adviser were reasonable in light of the nature, extent and quality of services provided to the Fund.

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## Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract. (continued)
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Comparisons with the Fees of Other Clients

In evaluating the appropriateness of fees, the Board also considered that the Adviser and/or its affiliate(s) provide investment management services to other types of clients which may include, among others: separately managed accounts ("SMAs"), retail managed accounts, foreign funds (UCITS), other investment companies (as sub-advisers), limited partnerships and collective investment trusts. The Board considered certain fee data for these other types of clients managed in a similar manner to certain of the funds compared to the management fee of the applicable fund. The Board considered a description of various factors which contribute to the differences in the management fee rates of the funds compared to those charged to these other types of clients which limited the comparability of the data. In this regard, the Board considered that the differences in, among other things, the breadth of services provided by the Adviser and its affiliates to the funds compared to those provided to other clients; the expenses the Adviser and its affiliates incur in launching, operating and supporting a fund; the support services provided to shareholders; the extensive regulatory, disclosure and governance requirements applicable to funds; the establishment and maintenance of servicing relationships with various service providers for the funds; the manner of managing such assets; investment policies; investor profiles; and account sizes all may contribute to the variations in relative fee rates. Differences in the level of advisory services required for passively managed funds also contribute to differences in the management fee levels of such funds compared to actively managed funds. In addition, differences in the client base; governing bodies, regulatory and legal requirements; distribution; jurisdiction and operational complexities also would contribute to variations in management fees assessed the funds compared to foreign fund clients. Further, differences in the level of advisory and non-advisory services required and risk incurred when serving as a sub-adviser to other investment companies compared to serving as the Adviser to a Nuveen fund contribute to differences in the fees assessed. In this regard, the Board further considered the significant entrepreneurial, legal and regulatory risks that the Adviser incurs in sponsoring and managing the Funds. As a general matter, higher fee levels reflect higher levels of service provided by the Adviser, increased investment management complexity, greater product management requirements, and higher levels of business risk or some combination of these factors. The Board concluded that the varying levels of fees were reasonable given the foregoing.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Profitability of the Adviser

In considering the costs of services to be provided and profits to be realized by the Adviser from its relationship with the Funds, the Board Members considered a variety of estimated profitability data from various perspectives including, among other things, (a) historical pre-distribution and post-distribution margins over specified periods for the Adviser's services to the applicable funds; (b) certain profitability data on behalf of the Adviser attributable to servicing all applicable funds for 2024 and 2023; (c) certain profitability data of both the Adviser and NFAL (as an adviser for other Nuveen funds) on a combined basis derived from types of funds in the aggregate (i.e., from closed-end funds, exchange-traded funds, interval funds and open-end funds) for 2024 and 2023; and (d) certain profitability data of both the Adviser and NFAL on a combined basis by asset grouping of Nuveen funds in the aggregate (i.e., from equity, fund of funds, index, municipal bond and taxable fixed income funds). In addition, the Board considered profitability data at the per fund level for the respective adviser.

In reviewing the profitability data, the Board Members considered the subjective nature of calculating profitability as the information is not audited and is necessarily dependent on cost allocation methodologies to allocate expenses throughout the complex and among the various advisory products. The Board reviewed, among other things, a description of the cost allocation methodology employed to develop the profitability data. However, the Board Members considered that given there is no single universally recognized expense allocation methodology, other reasonable and valid allocation methodologies could be employed and could lead to significantly different profit and loss results and therefore developing profitability data is difficult, particularly on a per fund level.

Further, in considering the comparative margin data with peers, the Board Members considered the limitations of the comparative data given that peer data is not generally public and the calculation of profitability is subjective and affected by numerous factors (such as types of funds a peer manages, its business mix, its cost of capital, the numerous assumptions underlying the methodology used to allocate expenses and other factors) that can have a significant impact on the results. Given that the peer profitability data may reflect the different business mix of the respective peer firm, the Board also considered the pre- and post-distribution margins of Nuveen, LLC for each of the calendar years from 2020 through 2024.

Aside from the foregoing profitability data, the Board also considered, among other things, the audited statutory-basis financial statements of TIAA as of December 31, 2024 and 2023 and the related statutory-basis statements of operations, of changes in capital and contingency reserves and of cash flows for the years ended December 31, 2024, December 31, 2023 and December 31, 2022. The Board considered the benefit of an investment adviser and its parent with significant resources, particularly during periods of market volatility. The Board also considered the investments the Adviser, its parent and/or other affiliates made into their business.

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## &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
In evaluating the reasonableness of the compensation, the Board Members also considered the indirect benefits the Adviser received that were directly attributable to the management of the applicable funds as discussed in further detail below. Based on its review, the Board was satisfied that the Adviser's level of profitability from its relationship with the applicable Fund was not unreasonable in light of the nature, extent and quality of services provided.

D. Economies of Scale and Whether Fee Levels Reflect These Economies of Scale

The Board considered whether there have been economies of scale with respect to the management of the funds, whether these economies of scale have been appropriately shared with the funds and whether there is potential for realization of further economies of scale. Although the Board considered that economies of scale are difficult to measure with any precision and the rates at which certain expenses are incurred may not decline with a rise in assets, the Board considered that there are a variety of methods that may be employed to help share the benefits of economies of scale, including, among other things, through the use of breakpoints in the management fee schedule, fee waivers and/or expense limitations, the pricing of funds at scale at inception and investments in the Adviser's business which can enhance the services provided to the funds for the fees paid. The Board considered such factors applicable to the particular Fund's advisory fee structure. The Board reviewed the fee schedule and considered that the Funds, however, do not have breakpoint schedules.

The Board Members also considered the continued reinvestment in Nuveen's business to enhance its capabilities and services to the benefit of its various clients. The Board considered that many of these investments were not specific to individual Nuveen funds, but rather initiatives from which the family of funds as a whole may benefit. The Board further considered that the scope of the services of the Adviser and its affiliates have expanded over time without raising advisory fees to the funds, and this was also a means of sharing economies of scale with the funds and their shareholders. The Board considered the Adviser's and/or its affiliates' ongoing efforts to streamline the product line-up, among other things, to create more scaled funds which may help improve both expense and trading economies for participating funds.

Based on its review, the Board was satisfied that the current fee arrangements together with the reinvestment in management's business appropriately shared any economies of scale with shareholders.

E. Indirect Benefits

The Board Members received and considered information regarding various indirect benefits the Adviser or its affiliates may receive as a result of their relationship with the funds. These benefits included, among other things, economies of scale to the extent the Adviser or its affiliates share investment resources and/or personnel with other clients of the Adviser. Certain funds may also be used as investment options for other products or businesses offered by the Adviser and/or its affiliates, such as variable products, fund of funds and 529 education savings plans, and the Adviser and affiliates of the Adviser may serve as sub-adviser to various funds in which case all advisory and sub-advisory fees generated by such funds stay within Nuveen.

Further, the funds may pay the Adviser and/or its affiliates for other services, such as distribution. In this regard, the Board Members considered that an affiliate of the Adviser serves as principal underwriter providing distribution and/or shareholder services to the open-end funds for which it may be compensated. To the extent an open-end fund pays 12b-1 fees, the Board Members considered that some of those fees may be retained by the Adviser's affiliate. In addition, the Board considered that an affiliate of the Adviser received compensation in 2024 for serving as an underwriter on shelf offerings of existing closed-end funds and reviewed the amounts paid for such services in 2024 and 2023. With respect to the Funds, the Board Members considered that the Adviser or its affiliates were reimbursed for certain costs of administrative services pursuant to an administrative agreement; however, such administrative agreement was being phased out over time.

In addition, the Board Members considered that the Adviser may utilize soft dollar brokerage arrangements attributable to the respective fund(s) to obtain research and other services for any or all of their clients, although the Board Members also considered that the Adviser reimburses the funds it advises for all such costs.

The Adviser and its affiliates may also benefit from the advisory relationships with the funds in the fund complex to the extent this relationship results in potential investors viewing the TIAA group of companies as a leading retirement plan provider in the academic and nonprofit market and a single source for all their financial service needs. The Adviser and/or its affiliates may further benefit to the extent that they have pricing or other information regarding vendors the funds utilize in establishing arrangements with such vendors for other products.

Based on its review, the Board concluded that any indirect benefits received by the Adviser as a result of its relationship with the Funds were reasonable in light of the services provided.

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## Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract. (continued)
F. Other Considerations

The Board Members did not identify any single factor discussed previously as all-important or controlling. The Board Members concluded that the terms of each Advisory Agreement were reasonable, that the Adviser's fees were reasonable in light of the services provided to each Fund and that the Advisory Agreements be renewed for an additional one-year period.

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## Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract.

#### Nuveen Emerging Markets Debt Fund

#### Nuveen International Bond Fund

#### The Approval Process
At meetings held on April 28 and 29, 2025 (the "Meeting"), the Board of Trustees (the "Board" and each Trustee, a "Board Member") of TIAA-CREF Funds (the "Trust") approved, for each applicable series of the Trust, the renewal of the investment management agreement with Teachers Advisors, LLC ("TAL" and TAL is an "Adviser") pursuant to which TAL serves as investment adviser to such funds. TAL is an indirect wholly owned subsidiary of Teachers Insurance and Annuity Association of America ("TIAA"). The Board Members are not "interested persons" (as defined under the Investment Company Act of 1940 (the "1940 Act")) and, therefore, the Board is deemed to be comprised of all disinterested Board Members. References to the Board and the Board Members are interchangeable. Below is a summary of the annual review process the Board undertook related to its most recent renewal of the investment management agreement (each an "Advisory Agreement") with respect to each series covered by this report (the "Funds").

In accordance with applicable law, following up to an initial two-year period, the Board considers the renewal of each Advisory Agreement on behalf of the applicable Fund on an annual basis. To reach their determination, the Board Members considered the review of the Advisory Agreements to be an ongoing process. The Board Members employed the accumulated information, knowledge and experience they had gained during their tenure as disinterested Board Members on the respective boards of the funds in the Nuveen complex and their committees in overseeing the applicable funds and working with the respective investment advisers and sub-advisers in their review of the advisory agreements for the fund complex. The fund complex consists of the group of funds advised by TAL, including the Funds, and the group of funds advised by Nuveen Fund Advisors, LLC ("NFAL" and collectively, the "Nuveen funds" or the "funds"). NFAL is a subsidiary of Nuveen, LLC, the investment management arm of TIAA. The Board and its committees meet regularly throughout the year and at these meetings, the Board Members received materials and discussed information covering a wide range of topics pertinent to the annual consideration of the renewal of the Advisory Agreements. Such topics include, but are not limited to, the investment performance of the funds over various periods; investment oversight matters; economic, market and regulatory developments; any significant organizational or other developments impacting the Adviser and its strategic plans for its business; product initiatives for various funds; fund expenses; compliance, regulatory and risk management matters; trading practices, including soft dollar arrangements and reimbursements to the funds; the liquidity and derivatives risk management programs; management of distributions; valuation of securities; payments to financial intermediaries, including 12b-1 expenses (as applicable); and securities lending (as applicable). The Board also seeks to meet at its regular quarterly meetings with members of senior management to discuss various topics, including market conditions, industry developments and any significant developments or strategic plans for the Adviser, if any.

To help with the review of performance, the Board and/or its committees periodically received and discussed presentations from member(s) of investment teams throughout the year, culminating in an annual performance review of the Nuveen funds at the Board's meeting held on February 25-26, 2025 (the "February Meeting"). The presentations, discussions and meetings during the year provide a means for the Board Members to evaluate and consider the level, breadth and quality of services provided by the Adviser and any changes to such services over time in light of new or modified regulatory requirements, changes to market conditions or other factors.

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## Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract. (continued)
In addition to the materials and discussions that occurred at prior meetings, the Board, through its independent legal counsel, requested and received extensive materials and information prepared specifically for its review of the Advisory Agreements. During the year, management worked with an ad hoc committee established by the Board to help enhance and streamline the materials provided in connection with the annual review of the Advisory Agreements. The materials provided at the Meeting and/or prior meetings covered a wide range of matters including, but not limited to, a description of the nature, extent and quality of services provided by the Adviser; an analysis of fund performance with a focus on funds considered to have met certain challenged performance measurements; an analysis of the fees and expense ratios of the funds with a focus on funds considered to have certain expense characteristics; a list of management fee schedules; an analysis of advisory fees compared to fees assessed to other types of clients; a review of temporary and/or permanent expense caps and fee waivers (as applicable); a description of portfolio manager compensation; certain profitability and/or financial data; and a description of indirect benefits received by the Adviser as a result of its relationships with the funds. The Board also considered information provided by Broadridge Financial Solutions, Inc. ("Broadridge"), an independent provider of investment company data, comparing fee and expense levels of each respective Fund to those of a peer universe and to a group of peers selected by Broadridge.

The information prepared specifically for the annual review supplemented the information provided to the Board and its committees and the evaluations of the Nuveen funds by the Board and its committees during the year. The Board's review of the Advisory Agreements is based on all the information provided to the Board and its committees over time. The performance, fee and expense data and other information provided by the Adviser, Broadridge or other service providers were not independently verified by the Board Members.

As part of their review, the Board Members and independent legal counsel met in executive session on April 9, 2025 to review and discuss materials provided in connection with their annual review of the Advisory Agreements. After reviewing this information, the Board Members requested, directly or through independent legal counsel, additional information, and the Board subsequently reviewed and discussed the responses to these follow-up questions and requests. The Board Members and independent legal counsel met again in executive session on April 17, 2025 (together with the April 9, 2025 executive session, the "Executive Sessions") to discuss the responses to the initial supplemental information request and, following their review of the data provided, requested management present certain additional information at the Meeting. In addition to the Executive Sessions, the Board Members met in additional executive sessions prior to and during the Meeting. During the Meeting, the Board Members considered the responses, invited representatives of management to provide additional information and determined that the information provided (whether oral or written) was responsive to their requests.

The Board Members were advised by independent legal counsel during the annual review process as well as throughout the year, including meeting in executive sessions with such counsel at which no representatives of management were present. In connection with their annual review, the Board Members also received a memorandum from independent legal counsel outlining their fiduciary duties and legal standards in reviewing the Advisory Agreements, including guidance from court cases evaluating advisory fees.

After the discussions and with the background and knowledge described above, the Board Members approved the continuation of the Advisory Agreements on behalf of the applicable Funds for an additional one-year period. The Board did not identify any single factor as all-important or controlling, but rather each decision reflected the comprehensive consideration of all the information (written or oral) provided to the Board and its committees throughout the year as well as the materials prepared specifically in connection with the annual review process. The contractual arrangements may reflect the results of prior year(s) of review, negotiation and information provided in connection with the Board's annual review of the Funds' advisory arrangements and oversight of the Funds. Each Board Member may have attributed different levels of importance to the various factors and information considered in connection with the annual review process and may have placed different emphasis on the relevant information year to year in light of, among other things, changing market and economic conditions. A summary of the principal factors and information, but not all the factors, the Board considered in deciding to renew the Advisory Agreements is set forth below.

A. Nature, Extent and Quality of Services

In evaluating the renewal of the Advisory Agreements, the Board Members received and considered information regarding the nature, extent and quality of the Adviser's services provided to each respective Fund.

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## &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The Board considered that the Adviser provides a wide array of management, oversight and other services to manage and operate the Funds. The Board considered the Adviser's and its affiliates' dedication of resources, time, people and capital as well as consistent program of improvement and innovation aimed at keeping the Nuveen fund complex relevant and attractive for existing and new investors and meeting the needs of an increasingly complex regulatory environment. Among the information provided in connection with the review of services at the Meeting and/or prior meetings, the Board considered a description of the organizational changes at the Adviser during the year, the management teams that comprise the various support and investment functions for the funds and the background of certain personnel who support the funds. The Board considered the significant resources, both financial and personnel, the Adviser and its affiliates had committed over the past several years in working to bring the asset management businesses of Nuveen and TIAA under one centralized umbrella and to consolidate their respective fund families (the "Consolidation") to the benefit of the funds through, among other things, enhanced operating efficiencies, centralized investment leadership and a centralized shared resources and support model. To help ensure the continuation of services, the Board considered, among other things, management's emphasis on succession planning and key person risk evaluation pursuant to which certain management team(s) meet annually to conduct a comprehensive review of successors to key positions, to develop and monitor corporate-wide standards and procedures in seeking to help ensure the firm may continue to operate in the event of business disruptions, and to review staffing and compensation levels to help remain competitive with peers in the industry. The Board considered a description of the application of business continuity plans and the periodic testing and review of such plans. As noted below, the Board also considered certain financial data of the Adviser and TIAA in assessing the financial stability and condition of the Adviser to provide a high level of quality services to the Funds.

In its review, the Board considered that the Funds operated in a highly regulated industry and the scope and complexity of the services and resources that the Adviser and its affiliates must provide to manage and operate the Funds have expanded over the years due to regulatory, market and other developments. Such services included maintaining and monitoring the Nuveen funds' compliance programs, risk management programs, liquidity risk management programs, derivatives risk management programs and cybersecurity programs. The Board and/or its Compliance, Risk Management and Regulatory Oversight Committee received reports regarding the funds' compliance policies and procedures and matters undertaken thereunder as well as other compliance initiatives on a regular basis.

With respect to the Funds, the Adviser and its investment team(s) are responsible for providing portfolio management of the Funds and managing the assets of the Funds, including conducting research, identifying investments and placing orders for the purchase or sale of the portfolio investments for the respective Fund. As noted below, the Board also considered the Nuveen funds' performance over various time periods throughout the year.

In addition to the portfolio management services provided to the Funds, the Board considered the extensive compliance, regulatory, administrative and other services the Adviser and its various teams or affiliates provide to manage and operate the applicable funds, including but not limited to: distribution management services pursuant to which management seeks to implement distribution policies and set distribution levels consistent with each fund's product design and positioning; compliance services including establishing and maintaining broad-based compliance policies across the fund complex, evaluating the compliance programs of various fund services providers, conducting ongoing risk assessments and testing, monitoring portfolio compliance with investment and regulatory requirements and providing a comprehensive compliance training program; providing regulatory advocacy services, including submitting comments on regulatory proposals and monitoring regulatory developments that may impact the fund(s); providing support to the Board and its committees throughout the year, including providing reports on a wide range of topics relating to the operations and management of the funds, helping to refine the materials provided to the Board and/or its committees and providing educational sessions on various topics; establishing and reviewing the services provided by other fund service providers (such as a fund's custodian, accountant, and transfer agent); providing legal support services; and evaluating trade allocation and execution. The Board considered that certain non-investment and non-distribution services were provided by the Adviser or its affiliates pursuant to a separate administrative agreement; however, given the Consolidation of the asset management businesses of TIAA and Nuveen, such administrative agreement was being phased out over a specified period with the administrative services for the funds to be provided under the respective Advisory Agreements at no additional cost.

The Board Members also were aware that the Nuveen International Bond Fund gained exposure to certain investments by investing in the respective Fund's two wholly-owned subsidiaries organized under the laws of the Cayman Islands. The consideration of services to the respective Fund and related management fees encompassed this arrangement. The Adviser does not receive separate compensation from the subsidiaries; however, the respective Fund pays the Adviser based on the Fund's assets, including assets invested in the subsidiaries.

------

## Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract. (continued)
Aside from the services provided, the Board considered the financial resources of the Adviser and/or their affiliates and their willingness to make investments to support the funds. The Board considered the funds' access to a seed capital budget provided by the Adviser and/or its affiliates to support new or existing funds and/or facilitate changes for a respective fund. The Board considered the benefits to shareholders of investing in a Fund that is a part of a large fund complex with a variety of investment disciplines, capabilities, and expertise. The Board considered the overall reputation and capabilities of the Adviser and its affiliates and the Adviser's continuing commitment to provide high quality services.

In its review, the Board also considered the significant risks borne by the Adviser and its affiliates in connection with its services to the Nuveen funds, including entrepreneurial risks in sponsoring and supporting new funds and smaller funds and ongoing risks with managing the Funds, such as investment, operational, reputational, regulatory, compliance and litigation risks.

Based on its review, the Board determined, in the exercise of its reasonable business judgment, that it was satisfied with the nature, extent and quality of services provided to the respective Funds under each applicable Advisory Agreement.

B. The Investment Performance of the Funds and Adviser

In evaluating the quality of the services provided by the Adviser, the Board also considered a variety of investment performance data of the Funds. In leading up to the annual review, the Board and/or its Investment Committee considered, among other things, Fund performance over the quarter, one-, three- and five-year periods ending December 31, 2024 on an absolute basis and as compared to the performance of comparable peers (the "Performance Peer Group") and to a benchmark for the prescribed periods. For Funds with multiple share classes, the performance data was based on Class I shares; however, the performance of other share classes was expected to be substantially similar as they invest in the same portfolio of securities and differences in performance among the classes of a fund generally may be principally attributed to the variations in the expense structures of the share classes. Prior to the Meeting, the Board also received updated Fund performance over the quarter, one-, three- and five-year periods ended March 31, 2025 on an absolute basis and in comparison to the Performance Peer Group and a benchmark for the prescribed periods. In its review of relative performance for Funds with a Performance Peer Group, the Board considered a Fund's performance relative to its Performance Peer Group, among other things, by evaluating its quartile ranking with the 1st quartile representing the top performing funds within the Performance Peer Group and the 4th quartile representing the lowest performing funds.

The Board took into account the performance data, presentations and discussions (written and oral) that were provided at the Meeting and in prior meetings over time in evaluating fund performance, including particular focus on management's analysis of the performance of funds that met certain screening measurements as determined pursuant to a methodology approved by the Board or additional measurements as determined by management's investment analysts. As various Nuveen funds have modified their portfolio teams and/or made significant changes to their portfolio strategies over time, the Board reviewed, among other things, certain tracking performance data over specific periods comparing performance before and after such changes.

In evaluating performance, the Board considered some of the limitations of the performance data. The Board considered, among other things, that performance data reflects performance over a specified period which may differ significantly depending on the ending dates selected, particularly during periods of market volatility. Further, the Board considered that regardless of the performance period reviewed by the Board, shareholders may evaluate performance based on their own respective holding periods which may differ from the performance periods reviewed by the Board and lead to differing results. With respect to comparative performance, the Board considered that differing investment objectives, investment strategies, dates of inception, type and cost of leverage (if any), asset size and other factors between the Performance Peer Group (if any) and the respective Fund necessarily lead to differences in performance results. Similarly, differences in the investment objective(s) and strategies of a Fund and its benchmark (particularly an actively managed fund that does not directly follow an index) as well as the costs of operating a Fund would contribute to differences in performance results. To assist the Board in its review of the comparability of the relative performance, management generally has ranked the relevancy of the Performance Peer Groups to the applicable funds as low, medium or high.

The Board evaluated performance in light of various relevant factors which may include, among other things, general market conditions, issuer-specific information, asset class information, leverage and fund cash flows. The Board considered that long- term performance could be impacted by even one period of significant outperformance or underperformance and that a single investment theme could disproportionately affect performance. Further, the Board considered that market and economic conditions may significantly impact a Fund's performance, particularly over shorter periods, and such performance may be more reflective of such economic or market events and not necessarily reflective of management skill. Although the Board reviews short-, intermediate- and longer-term performance data, the Board considered that longer periods of performance may reflect full market cycles.

------

## &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
In their review from year to year, the Board Members consider and may place different emphasis on the relevant information in light of changing circumstances in market and economic conditions. In evaluating performance, the Board focused particular attention on funds with less favorable performance records. However, depending on the facts and circumstances, including any differences between the respective fund and its benchmark and/or Performance Peer Group, the Board may be satisfied with a fund's performance notwithstanding that its performance may be below that of its benchmark and/or peer group for certain periods. With respect to any funds for which the Board has identified performance issues, the Board seeks to monitor such funds more closely until performance improves, discuss with the applicable adviser the reasons for such results, consider whether any steps are necessary or appropriate to address such issues, discuss and evaluate the potential consequences of such steps and review the results of any steps undertaken.

The performance determinations with respect to each Fund are summarized below:

• For Nuveen Emerging Markets Debt Fund (formerly, TIAA-CREF Emerging Markets Debt Fund), the Board considered that the Fund outperformed its benchmark and ranked in the first quartile of its Performance Peer Group for the one-, three- and five-year periods ended December 31, 2024. On the basis of the Board's ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund's investment objective(s) and management's discussion of performance, the Board concluded that the Fund's performance supported renewal of the Advisory Agreement.

• For Nuveen International Bond Fund (formerly, TIAA-CREF International Bond Fund), the Board considered that although the Fund's performance was below the performance of its benchmark for the one-, three- and five-year periods ended December 31, 2024, the Fund ranked in the first quartile of its Performance Peer Group for the one-year period and second quartile for the three- and five-year periods ended December 31, 2024. On the basis of the Board's ongoing review of investment performance and all relevant factors, including the relative market conditions during certain reporting periods, the Fund's investment objective(s) and management's discussion of performance, the Board concluded that the Fund's performance supported renewal of the Advisory Agreement.

C. Fees, Expenses and Profitability

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. Fees and Expenses

As part of the annual review, the Board Members considered, among other things, the management fee schedules and the expense reimbursements and/or fee waivers agreed to by the Adviser for the respective Fund (if any). In addition to the management fee arrangements, the Board Members considered a Fund's operating expense ratio as it more directly reflected a shareholder's total costs in investing in the respective Fund.

In its review, the Board considered that in 2024, the Board approved changes to the management fee schedule of certain funds to include a complex-wide component with corresponding changes to the fund-level fee schedule and to phase in assets of the participating funds into the calculation of the complex size over a ten-year period beginning May 1, 2024. The Board considered that the complex-level component is intended to be an efficient mechanism designed to help share cost efficiencies with shareholders as the complex-wide assets grow. Participating funds included each Fund. In addition, in conjunction with the Consolidation, the Board considered that the separate administrative agreement pursuant to which the Adviser provided the Funds with certain administrative services also began to be phased out over a three-year period beginning on May 1, 2024 and related savings.

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## Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract. (continued)
The Board also considered comparative fee and expense information prepared by an independent third-party provider of fund data. More specifically, the Board Members generally reviewed, among other things, each Fund's management fee rates and net total expense ratio in relation to similar data for a comparable universe of peers (the "Expense Universe") and with respect to the open-end Funds, for a more focused group of comparable peers (the "Expense Group") established by Broadridge. With respect to the Broadridge comparative expense data, Broadridge applied Class R6 of the Funds. In its review of such comparative fee and expense data, the Board considered, among other things, a Fund's quartile rankings of its contractual management fee rate, actual management fee rate and net total expense ratio within its Expense Universe and Expense Group (as applicable) with the first quartile representing the range of funds with the lowest management fee rate or net total expense ratio, respectively, and the fourth quartile representing the range of funds with the highest management fee rate or net total expense ratio, respectively. In their review, the Board Members considered, in particular, each fund with a net total expense ratio meeting certain expense screening criteria adopted by the Board when compared to its Expense Universe and Expense Group (if any) and management's commentary as to the factors contributing to each such fund's relative net total expense ratio. The Board also considered, in relevant part, a fund's management fee in light of its performance history with particular focus on any fund identified as having a higher management fee and/or expense ratio compared to peers coupled with experiencing a period of challenged performance.

In their review, the Board Members considered the methodology Broadridge employed to establish its Expense Universe and Expense Group (as applicable). The Board further considered that differences between the applicable Fund and its respective Expense Universe and/or Expense Group, as well as changes to the composition of the Expense Universe and/or Expense Group from year to year, may limit some of the value of the comparative data. The Board Members also considered that it can be difficult to compare management fees among funds with peers as there are variations in the services that are included for the fees paid. The Board Members took these limitations and differences into account when reviewing comparative peer data.

The Board's considerations regarding the comparative fee data for each Fund are set forth below:

• For Nuveen Emerging Markets Debt Fund, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio ranked in the first quartile, second quartile and first quartile of its Expense Group, respectively. The Fund's contractual management fee rate, actual management fee rate and net total expense ratio also ranked in the second quartile, third quartile and first quartile of its Expense Universe, respectively. In addition, the Fund's contractual management fee rate and net total expense ratio were each below the Expense Group median, and the Fund's actual management fee rate matched the Expense Group median. The Fund's contractual management fee rate and net total expense ratio were also below the Expense Universe median, and the Fund's actual management fee rate was slightly above (within 5 basis points) the Expense Universe median.

• For Nuveen International Bond Fund, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio ranked in the first quartile, second quartile and second quartile of its Expense Group, respectively. In addition, the Fund's contractual management fee rate, actual management fee rate and net total expense ratio ranked in the first quartile, second quartile and second quartile of its Expense Universe, respectively. In addition, the Fund's contractual management fee rate was below the Expense Group median, and the Fund's actual management fee rate and net total expense ratio matched the Expense Group median. The Fund's contractual management fee rate, actual management fee rate and net total expense ratio were each below the Expense Universe median. In its review, the Board considered management's proposed temporary expense cap to be effective on or around May 1, 2025 through April 30, 2026.

Based on its review of the information provided, the Board determined that each Fund's management fees (as applicable) to the Adviser were reasonable in light of the nature, extent and quality of services provided to the Fund.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. Comparisons with the Fees of Other Clients

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## &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
In evaluating the appropriateness of fees, the Board also considered that the Adviser and/or its affiliate(s) provide investment management services to other types of clients which may include, among others: separately managed accounts ("SMAs"), retail managed accounts, foreign funds (UCITS), other investment companies (as sub-advisers), limited partnerships and collective investment trusts. The Board considered certain fee data for these other types of clients managed in a similar manner to certain of the funds compared to the management fee of the applicable fund. The Board considered a description of various factors which contribute to the differences in the management fee rates of the funds compared to those charged to these other types of clients which limited the comparability of the data. In this regard, the Board considered that the differences in, among other things, the breadth of services provided by the Adviser and its affiliates to the funds compared to those provided to other clients; the expenses the Adviser and its affiliates incur in launching, operating and supporting a fund; the support services provided to shareholders; the extensive regulatory, disclosure and governance requirements applicable to funds; the establishment and maintenance of servicing relationships with various service providers for the funds; the manner of managing such assets; investment policies; investor profiles; and account sizes all may contribute to the variations in relative fee rates. Differences in the level of advisory services required for passively managed funds also contribute to differences in the management fee levels of such funds compared to actively managed funds. In addition, differences in the client base; governing bodies, regulatory and legal requirements; distribution; jurisdiction and operational complexities also would contribute to variations in management fees assessed the funds compared to foreign fund clients. Further, differences in the level of advisory and non-advisory services required and risk incurred when serving as a sub-adviser to other investment companies compared to serving as the Adviser to a Nuveen fund contribute to differences in the fees assessed. In this regard, the Board further considered the significant entrepreneurial, legal and regulatory risks that the Adviser incurs in sponsoring and managing the Funds. As a general matter, higher fee levels reflect higher levels of service provided by the Adviser, increased investment management complexity, greater product management requirements, and higher levels of business risk or some combination of these factors. The Board concluded that the varying levels of fees were reasonable given the foregoing.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3. Profitability of the Adviser

In considering the costs of services to be provided and profits to be realized by the Adviser from its relationship with the Funds, the Board Members considered a variety of estimated profitability data from various perspectives including, among other things, (a) historical pre-distribution and post-distribution margins over specified periods for the Adviser's services to the applicable funds; (b) certain profitability data on behalf of the Adviser attributable to servicing all applicable funds for 2024 and 2023; (c) certain profitability data of both the Adviser and NFAL (as an adviser for other Nuveen funds) on a combined basis derived from types of funds in the aggregate (i.e., from closed-end funds, exchange-traded funds, interval funds and open-end funds) for 2024 and 2023; and (d) certain profitability data of both the Adviser and NFAL on a combined basis by asset grouping of Nuveen funds in the aggregate (i.e., from equity, fund of funds, index, municipal bond and taxable fixed income funds). In addition, the Board considered profitability data at the per fund level for the respective adviser.

In reviewing the profitability data, the Board Members considered the subjective nature of calculating profitability as the information is not audited and is necessarily dependent on cost allocation methodologies to allocate expenses throughout the complex and among the various advisory products. The Board reviewed, among other things, a description of the cost allocation methodology employed to develop the profitability data. However, the Board Members considered that given there is no single universally recognized expense allocation methodology, other reasonable and valid allocation methodologies could be employed and could lead to significantly different profit and loss results and therefore developing profitability data is difficult, particularly on a per fund level.

Further, in considering the comparative margin data with peers, the Board Members considered the limitations of the comparative data given that peer data is not generally public and the calculation of profitability is subjective and affected by numerous factors (such as types of funds a peer manages, its business mix, its cost of capital, the numerous assumptions underlying the methodology used to allocate expenses and other factors) that can have a significant impact on the results. Given that the peer profitability data may reflect the different business mix of the respective peer firm, the Board also considered the pre- and post-distribution margins of Nuveen, LLC for each of the calendar years from 2020 through 2024.

Aside from the foregoing profitability data, the Board also considered, among other things, the audited statutory-basis financial statements of TIAA as of December 31, 2024 and 2023 and the related statutory-basis statements of operations, of changes in capital and contingency reserves and of cash flows for the years ended December 31, 2024, December 31, 2023 and December 31, 2022. The Board considered the benefit of an investment adviser and its parent with significant resources, particularly during periods of market volatility. The Board also considered the investments the Adviser, its parent and/or other affiliates made into their business.

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## Item 11. Statement Regarding Basis for Approval of Investment Advisory Contract. (continued)
In evaluating the reasonableness of the compensation, the Board Members also considered the indirect benefits the Adviser received that were directly attributable to the management of the applicable funds as discussed in further detail below. Based on its review, the Board was satisfied that the Adviser's level of profitability from its relationship with the applicable Fund was not unreasonable in light of the nature, extent and quality of services provided.

D. Economies of Scale and Whether Fee Levels Reflect These Economies of Scale

The Board considered whether there have been economies of scale with respect to the management of the funds, whether these economies of scale have been appropriately shared with the funds and whether there is potential for realization of further economies of scale. Although the Board considered that economies of scale are difficult to measure with any precision and the rates at which certain expenses are incurred may not decline with a rise in assets, the Board considered that there are a variety of methods that may be employed to help share the benefits of economies of scale, including, among other things, through the use of breakpoints in the management fee schedule, fee waivers and/or expense limitations, the pricing of funds at scale at inception and investments in the Adviser's business which can enhance the services provided to the funds for the fees paid. The Board considered such factors applicable to the particular Fund's advisory fee structure.

As noted above, the Board considered that it approved in 2024 changes to the management fee structure of certain funds to incorporate a complex-level component. Accordingly, the Funds' management fee would be comprised of a fund-level component and a complex-level component. With this structure, the Board considered that the complex-level breakpoint schedule was designed to deliver the benefits of economies of scale to shareholders when the assets of the eligible participating funds in the complex pass certain thresholds even if the assets of a particular fund are unchanged or have declined, and the fund-level breakpoint schedules were designed to share economies of scale with shareholders if the particular fund grows. The Board reviewed the fund-level and complex-level fee schedules.

In addition to the fund-level and complex-level fee schedules, the Board Members considered the temporary and/or permanent expense caps applicable to a Fund (if any). The Board considered that such waivers and reimbursements are another means for potential economies of scale to be shared with shareholders of such funds and can provide a protection from an increase in expenses if the assets of the applicable funds decline.

The Board Members also considered the continued reinvestment in Nuveen's business to enhance its capabilities and services to the benefit of its various clients. The Board considered that many of these investments were not specific to individual Nuveen funds, but rather initiatives from which the family of funds as a whole may benefit. The Board further considered that the scope of the services of the Adviser and its affiliates have expanded over time without raising advisory fees to the funds, and this was also a means of sharing economies of scale with the funds and their shareholders. The Board considered the Adviser's and/or its affiliates' ongoing efforts to streamline the product line-up, among other things, to create more scaled funds which may help improve both expense and trading economies for participating funds.

Based on its review, the Board was satisfied that the current fee arrangements together with the reinvestment in management's business appropriately shared any economies of scale with shareholders.

E. Indirect Benefits

The Board Members received and considered information regarding various indirect benefits the Adviser or its affiliates may receive as a result of their relationship with the funds. These benefits included, among other things, economies of scale to the extent the Adviser or its affiliates share investment resources and/or personnel with other clients of the Adviser. Certain funds may also be used as investment options for other products or businesses offered by the Adviser and/or its affiliates, such as variable products, fund of funds and 529 education savings plans, and the Adviser and affiliates of the Adviser may serve as sub-adviser to various funds in which case all advisory and sub-advisory fees generated by such funds stay within Nuveen.

Further, the funds may pay the Adviser and/or its affiliates for other services, such as distribution. In this regard, the Board Members considered that an affiliate of the Adviser serves as principal underwriter providing distribution and/or shareholder services to the open-end funds for which it may be compensated. To the extent an open-end fund pays 12b-1 fees, the Board Members considered that some of those fees may be retained by the Adviser's affiliate. In addition, the Board considered that an affiliate of the Adviser received compensation in 2024 for serving as an underwriter on shelf offerings of existing closed-end funds and reviewed the amounts paid for such services in 2024 and 2023. With respect to the Funds, the Board Members considered that the Adviser or its affiliates were reimbursed for certain costs of administrative services pursuant to an administrative agreement; however, such administrative agreement was being phased out over time.

------

## &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
In addition, the Board Members considered that the Adviser may utilize soft dollar brokerage arrangements attributable to the respective fund(s) to obtain research and other services for any or all of their clients, although the Board Members also considered that the Adviser reimburses the funds it advises for all such costs.

The Adviser and its affiliates may also benefit from the advisory relationships with the funds in the fund complex to the extent this relationship results in potential investors viewing the TIAA group of companies as a leading retirement plan provider in the academic and nonprofit market and a single source for all their financial service needs. The Adviser and/or its affiliates may further benefit to the extent that they have pricing or other information regarding vendors the funds utilize in establishing arrangements with such vendors for other products.

Based on its review, the Board concluded that any indirect benefits received by the Adviser as a result of its relationship with the Funds were reasonable in light of the services provided.

F. Other Considerations

The Board Members did not identify any single factor discussed previously as all-important or controlling. The Board Members concluded that the terms of each Advisory Agreement were reasonable, that the Adviser's fees were reasonable in light of the services provided to each Fund and that the Advisory Agreements be renewed for an additional one-year period.

------

**Item 12.** **Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.** <br>

Not applicable to open-end investment companies.

------

**Item 13.** **Portfolio Managers of Closed-End Management Investment Companies.** <br>

Not applicable to open-end investment companies.

------

**Item 14.** **Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.** <br>

Not applicable to open-end investment companies.

------

**Item 15.** **Submission of Matters to a Vote of Security Holders.** <br>

There have been no material changes to the procedures by which shareholders may recommend nominees to the registrant's Board of Trustees implemented after the registrant last provided disclosure in response to this Item.

------

**Item 16.** **Controls and Procedures.** <br>

(a) The registrant's principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the "1940 Act") (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934, as amended (the "Exchange Act") (17 CFR 240.13a-15(b) or 240.15d-15(b)).

(b) There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) 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.

------

**Item 17.** **Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.** <br>

(a) Not applicable to open-end investment companies.

(b) Not applicable to open-end investment companies.

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**Item 18.** **Recovery of Erroneously Awarded Compensation.** <br>

(a) Not applicable.

(b) Not applicable.

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**Item 19.** **Exhibits.** <br>

---

| | |
|:---|:---|
| (a)(1) | Not applicable to this filing. |
| (a)(2) | Not applicable to this filing. |
| (a)(3) | [Certifications pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 and Section 302 of the Sarbanes-Oxley Act of 2002 are attached hereto.](d948633dex9919a3.htm) |
| (a)(4) | Not applicable. |
| (a)(5) | Not applicable. |
| (b) | [Certification pursuant to Rule 30a-2(b) under the Investment Company Act of 1940 and Section 906 of the Sarbanes-Oxley Act of 2002 is attached hereto.](d948633dex9919b.htm) |

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#### 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>TIAA-CREF Funds</u> 

---

| | | |
|:---|:---|:---|
| Date: July 7, 2025 | By: | /s/ Jordan M. Farris |
|  |  | Jordan M. Farris |
|  |  | Chief Administrative Officer |

---

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.

---

| | | |
|:---|:---|:---|
| Date: July 7, 2025 | By: | /s/ Jordan M. Farris |
|  |  | Jordan M. Farris |
|  |  | Chief Administrative Officer |
|  |  | (principal executive officer) |
| Date: July 7, 2025 | By: | /s/ Marc Cardella |
|  |  | Marc Cardella |
|  |  | Vice President and Controller |
|  |  | (principal financial officer) |

---

## Exhibit 99.19

**Exhibit 19(a)(3)** 

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

I, Jordan M. Farris, certify that:

1. I have reviewed this report on Form N-CSR of TIAA-CREF Funds;

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;

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;

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

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

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

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

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

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

------

---

| | | |
|:---|:---|:---|
| Date: July 7, 2025 | By: | /s/ Jordan M. Farris |
|  |  | Jordan M. Farris |
|  |  | Chief Administrative Officer |
|  |  | (principal executive officer) |

---

------

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

I, Marc Cardella, certify that:

1. I have reviewed this report on Form N-CSR of TIAA-CREF Funds;

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;

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;

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

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

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

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

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

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

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| | | |
|:---|:---|:---|
| Date: July 7, 2025 | By: | /s/ Marc Cardella |
|  |  | Marc Cardella |
|  |  | Vice President and Controller |
|  |  | (principal financial officer) |

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## Exhibit 99.19

**Exhibit 19(b)** 

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

**Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002** 

**(Subsections (a) and (b) of Section 1350, Chapter 63 of Title 18, United States Code)** 

In connection with the semi-annual report of TIAA-CREF Funds (the "Registrant") on Form N-CSR for the period ended April 30, 2025, as filed with the Securities and Exchange Commission (the "Report"), the undersigned officers of the Registrant certify that, to the best of each such officer's knowledge:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act
of 1934; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2. The information contained in the Report fairly presents, in all material respects, the financial condition and
results of operations of the Registrant.

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| | | |
|:---|:---|:---|
| Date: July 7, 2025 | By: | /s/ Jordan M. Farris |
|  |  | Jordan M. Farris |
|  |  | Chief Administrative Officer |
|  |  | (principal executive officer) |
| Date: July 7, 2025 | By: | /s/ Marc Cardella |
|  |  | Marc Cardella |
|  |  | Vice President and Controller |
|  |  | (principal financial officer) |

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