# EDGAR Filing Document

**Accession Number:** 0001048702
**File Stem:** 0002071691-25-009992
**Filing Date:** 2025-12
**Character Count:** 95102
**Document Hash:** 95e18212970fe834f1ccdee4906b49d7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-009992.hdr.sgml**: 20251223

**ACCESSION NUMBER**: 0002071691-25-009992

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251223

**DATE AS OF CHANGE**: 20251223

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NATIONWIDE MUTUAL FUNDS
- **CENTRAL INDEX KEY:** 0001048702

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08495
- **FILM NUMBER:** 251599432

**BUSINESS ADDRESS:**
- **STREET 1:** ONE NATIONWIDE PLAZA
- **STREET 2:** MAIL CODE 05-02-210
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43215
- **BUSINESS PHONE:** 614-435-5749

**MAIL ADDRESS:**
- **STREET 1:** ONE NATIONWIDE PLAZA
- **STREET 2:** MAIL CODE 05-02-210
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43215

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GARTMORE MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 20020125

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NATIONWIDE MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 19991015

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NATIONWIDE INVESTING FOUNDATION III
- **DATE OF NAME CHANGE:** 19971029

## Series and Classes Contracts Data

### Nationwide International Small Cap Fund (Series ID: S000055867)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000175982 | Class A                     | NWXSX           |
| C000175984 | Class R6                    | NWXUX           |
| C000175985 | Institutional Service Class | NWXVX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Nationwide Mutual Funds

- **b. Investment Company Act file number:** 811-08495

- **c. CIK number of Registrant:** 0001048702

- **d. LEI of Registrant:** 549300NXDT8MH8Z3PQ44

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

  - **Street Address 1:** One Nationwide Plaza

  - **City:** Columbus

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 43215

  - **Telephone number:** 614-435-3820

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

- **a. Name of Series:** Nationwide International Small Cap Fund

- **b. EDGAR series identifier (if any):** S000055867

- **c. LEI of Series:** 549300Q6H6SHH6VU4607

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-10-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $280272433.18

**Total Liabilities:** $17015422.83

**Net Assets:** $263257010.35

**Cash Not Reported:** $1825767.30

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000175984 | 4.74%                | 4.36%                | -0.50%               |
| Class ID C000175985 | 4.75%                | 4.27%                | -0.50%               |
| Class ID C000175982 | 4.78%                | 4.29%                | -0.50%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $241889.68               | $10498563.69                               |
| Month 2  | $4685543.07              | $4851505.46                                |
| Month 3  | $3462131.69              | $-4710652.31                               |

### Schedule of Portfolio Investments

| Name                                                     | Title                                                    | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| New Mexican Pesos                                        | New Mexican Pesos                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | MX        |    111902 | OU      | $6023.17      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Hong Kong Dollar                                         | Hong Kong Dollar                                         | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | HK        |        -0 | OU      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Advantage Energy Ltd.                                    | Advantage Energy Ltd.                                    | CUSIP: 00791P107<br>LEI: 549300WK5YRPOB2DTT64 | Long             | EC               | CORP              | CA        |     57337 | NS      | $455000.40    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Logista Integral SA                                      | Logista Integral SA                                      | CUSIP: N/A<br>LEI: 9598000ANNAL42UJ7X28       | Long             | EC               | CORP              | ES        |     45554 | NS      | $1518595.95   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Yaskawa Electric Corp.                                   | Yaskawa Electric Corp.                                   | CUSIP: N/A<br>LEI: 3538003K39GR98R0CK58       | Long             | EC               | CORP              | JP        |     12400 | NS      | $341546.88    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Norwegian Krone                                          | Norwegian Krone                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | NO        |      8745 | OU      | $863.36       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Tate & Lyle plc                                          | Tate & Lyle plc                                          | CUSIP: N/A<br>LEI: 2138008K14474WPKZ244       | Long             | EC               | CORP              | GB        |    156445 | NS      | $793741.05    | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Almirall SA                                              | Almirall SA                                              | CUSIP: N/A<br>LEI: 95980020140005007996       | Long             | EC               | CORP              | ES        |     85600 | NS      | $1231476.68   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Liberty Financial Group Ltd.                             | Liberty Financial Group Ltd.                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    331307 | NS      | $891855.65    | 0.34%             |  |  |  | Yes           |                  2 | On Loan: No      |
| PALTAC Corp.                                             | PALTAC Corp.                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     41217 | NS      | $1214947.73   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| BAWAG Group AG                                           | BAWAG Group AG                                           | CUSIP: N/A<br>LEI: 529900S9YO2JHTIIDG38       | Long             | EC               | CORP              | AT        |     32542 | NS      | $4198118.81   | 1.59%             |  |  |  | Yes           |                  2 | On Loan: No      |
| NuVista Energy Ltd.                                      | NuVista Energy Ltd.                                      | CUSIP: 67072Q104<br>LEI: 549300MG32TDSM60SX75 | Long             | EC               | CORP              | CA        |     54953 | NS      | $653535.37    | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| Kyoto Financial Group, Inc.                              | Kyoto Financial Group, Inc.                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     56833 | NS      | $1149217.94   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| NGEx Minerals Ltd.                                       | NGEx Minerals Ltd.                                       | CUSIP: 62930A102<br>LEI: 549300M2DU5ORAGOIG27 | Long             | EC               | CORP              | CA        |    156029 | NS      | $2541986.13   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Challenger Ltd.                                          | Challenger Ltd.                                          | CUSIP: N/A<br>LEI: 529900ACCCAOHJ2V3169       | Long             | EC               | CORP              | AU        |    310801 | NS      | $1897485.97   | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| en Japan, Inc.                                           | en Japan, Inc.                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     63190 | NS      | $638392.05    | 0.24%             |  |  |  | No            |                  2 | On Loan: —       |
| TOTVS SA                                                 | TOTVS SA                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |    303392 | NS      | $2502161.37   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Subsea 7 SA                                              | Subsea 7 SA                                              | CUSIP: N/A<br>LEI: 222100AIF0CBCY80AH62       | Long             | EC               | CORP              | LU        |     24417 | NS      | $446505.80    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Katitas Co. Ltd.                                         | Katitas Co. Ltd.                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     74403 | NS      | $1211018.65   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Tochigi Bank Ltd. (The)                                  | Tochigi Bank Ltd. (The)                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |      6706 | NS      | $23871.64     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Keppel DC REIT                                           | Keppel DC REIT                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SG        |    590079 | NS      | $1082518.02   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Malaysian Ringgit                                        | Malaysian Ringgit                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | MY        |         0 | OU      | $0.04         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sulzer AG                                                | Sulzer AG (Registered)                                   | CUSIP: N/A<br>LEI: 529900NZ6MAST5IJF669       | Long             | EC               | CORP              | CH        |     12093 | NS      | $2017784.57   | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Wienerberger AG                                          | Wienerberger AG                                          | CUSIP: N/A<br>LEI: 529900VXIFBHO0SW2I31       | Long             | EC               | CORP              | AT        |     41383 | NS      | $1227996.18   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Merus NV                                                 | Merus NV                                                 | CUSIP: N/A<br>LEI: 549300W8GPUWU8QNU293       | Long             | EC               | CORP              | NL        |      9861 | NS      | $935414.46    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Maruwa Co. Ltd.                                          | Maruwa Co. Ltd.                                          | CUSIP: N/A<br>LEI: 3538009BXGIG8PFXNI29       | Long             | EC               | CORP              | JP        |      6363 | NS      | $1792353.85   | 0.68%             |  |  |  | No            |                  2 | On Loan: —       |
| Oddity Tech Ltd.                                         | Oddity Tech Ltd., Class A                                | CUSIP: N/A<br>LEI: 254900QH12XZS53G0V57       | Long             | EC               | CORP              | IL        |     21011 | NS      | $950747.75    | 0.36%             |  |  |  | No            |                  1 | On Loan: —       |
| Tokyu Fudosan Holdings Corp.                             | Tokyu Fudosan Holdings Corp.                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    285009 | NS      | $2286649.36   | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| Brunello Cucinelli SpA                                   | Brunello Cucinelli SpA                                   | CUSIP: N/A<br>LEI: 5493003CX2RZ0FOBH256       | Long             | EC               | CORP              | IT        |      1934 | NS      | $194846.42    | 0.07%             |  |  |  | No            |                  2 | On Loan: —       |
| ASKUL Corp.                                              | ASKUL Corp.                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    112829 | NS      | $1027408.84   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Aumovio SE                                               | Aumovio SE                                               | CUSIP: N/A<br>LEI: 391200IGI9RQ7VTOK384       | Long             | EC               | CORP              | DE        |     16592 | NS      | $713353.88    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Lixil Corp.                                              | Lixil Corp.                                              | CUSIP: N/A<br>LEI: 353800KB8G4F9WUJJ886       | Long             | EC               | CORP              | JP        |     59261 | NS      | $656542.37    | 0.25%             |  |  |  | No            |                  2 | On Loan: —       |
| Harmonic Drive Systems, Inc.                             | Harmonic Drive Systems, Inc.                             | CUSIP: N/A<br>LEI: 353800XFIX2EUARGOE85       | Long             | EC               | CORP              | JP        |     24800 | NS      | $459178.80    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Marshalls plc                                            | Marshalls plc                                            | CUSIP: N/A<br>LEI: 213800S21IFC367J5V62       | Long             | EC               | CORP              | GB        |    114809 | NS      | $254607.17    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Zhongsheng Group Holdings Ltd.                           | Zhongsheng Group Holdings Ltd.                           | CUSIP: N/A<br>LEI: 3003005VYMEBAJNJ2Y26       | Long             | EC               | CORP              | KY        |     67227 | NS      | $105910.68    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| SiteMinder Ltd.                                          | SiteMinder Ltd.                                          | CUSIP: N/A<br>LEI: 254900PN89MZJ2AQST50       | Long             | EC               | CORP              | AU        |    122888 | NS      | $569228.56    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Ayvens SA                                                | Ayvens SA                                                | CUSIP: N/A<br>LEI: 969500E7V019H9NP7427       | Long             | EC               | CORP              | FR        |    146465 | NS      | $1953894.07   | 0.74%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Judo Capital Holdings Ltd.                               | Judo Capital Holdings Ltd.                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    790927 | NS      | $871801.56    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Stella International Holdings Ltd.                       | Stella International Holdings Ltd.                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |    498798 | NS      | $1061146.07   | 0.40%             |  |  |  | No            |                  2 | On Loan: —       |
| Europris ASA                                             | Europris ASA                                             | CUSIP: N/A<br>LEI: 5967007LIEEXZXGA8G28       | Long             | EC               | CORP              | NO        |    143229 | NS      | $1234136.61   | 0.47%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Hapvida Participacoes e Investimentos S/A                | Hapvida Participacoes e Investimentos S/A                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |     40388 | NS      | $234823.12    | 0.09%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Charter Hall Group                                       | Charter Hall Group                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    138028 | NS      | $2023368.67   | 0.77%             |  |  |  | No            |                  2 | On Loan: No      |
| ICG plc                                                  | ICG plc                                                  | CUSIP: N/A<br>LEI: 549300OGASR5WRKJ8R68       | Long             | EC               | CORP              | GB        |     34198 | NS      | $869186.75    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Shawbrook Group plc                                      | Shawbrook Group plc                                      | CUSIP: N/A<br>LEI: 21380071539WSMTM4410       | Long             | EC               | CORP              | GB        |    158527 | NS      | $814284.56    | 0.31%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Aedifica SA                                              | Aedifica SA                                              | CUSIP: N/A<br>LEI: 529900DTKNXL0AXQFN28       | Long             | EC               | CORP              | BE        |      3536 | NS      | $258172.99    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Aeroportuario del Sureste SAB de CV                | Grupo Aeroportuario del Sureste SAB de CV, Class B       | CUSIP: N/A<br>LEI: 5299001W7JIDXCUOUC82       | Long             | EC               | CORP              | MX        |     27638 | NS      | $836035.18    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Inchcape plc                                             | Inchcape plc                                             | CUSIP: N/A<br>LEI: 213800RGEH1MPPNM2T57       | Long             | EC               | CORP              | GB        |    117600 | NS      | $1178149.82   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of Cyprus Holdings plc                              | Bank of Cyprus Holdings plc                              | CUSIP: N/A<br>LEI: 635400L14KNHZXPUZM19       | Long             | EC               | CORP              | IE        |    118616 | NS      | $1090808.46   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Visional, Inc.                                           | Visional, Inc.                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |      9075 | NS      | $631138.39    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Cibus Nordic Real Estate AB publ                         | Cibus Nordic Real Estate AB publ                         | CUSIP: N/A<br>LEI: 549300PW36MFK96GCR23       | Long             | EC               | CORP              | SE        |     72798 | NS      | $1262079.46   | 0.48%             |  |  |  | No            |                  2 | On Loan: —       |
| Danish Krone                                             | Danish Krone                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | DK        |       853 | OU      | $131.62       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Babcock International Group plc                          | Babcock International Group plc                          | CUSIP: N/A<br>LEI: 213800TSKOLX4EU6L377       | Long             | EC               | CORP              | GB        |    103156 | NS      | $1644080.76   | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| KH Neochem Co. Ltd.                                      | KH Neochem Co. Ltd.                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     21538 | NS      | $384903.32    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Rohto Pharmaceutical Co. Ltd.                            | Rohto Pharmaceutical Co. Ltd.                            | CUSIP: N/A<br>LEI: 353800Q1CW5OS81OUM12       | Long             | EC               | CORP              | JP        |     28489 | NS      | $440573.23    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Royal Unibrew A/S                                        | Royal Unibrew A/S                                        | CUSIP: N/A<br>LEI: 529900D69KFL8IAP8Q63       | Long             | EC               | CORP              | DK        |     18591 | NS      | $1405348.80   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Valeo SE                                                 | Valeo SE                                                 | CUSIP: N/A<br>LEI: 5493006IH2N2WMIBB742       | Long             | EC               | CORP              | FR        |     54929 | NS      | $759152.63    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Canada Goose Holdings, Inc.                              | Canada Goose Holdings, Inc.                              | CUSIP: 135086106<br>LEI: 529900891XBE6RV8JR07 | Long             | EC               | CORP              | CA        |     42503 | NS      | $591838.86    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Zai Lab Ltd.                                             | Zai Lab Ltd.                                             | CUSIP: 98887Q104<br>LEI: 549300P2UYQ9U5LY1T58 | Long             | EC               | CORP              | KY        |     39875 | NS      | $1041933.75   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Marks & Spencer Group plc                                | Marks & Spencer Group plc                                | CUSIP: N/A<br>LEI: 213800EJP14A79ZG1X44       | Long             | EC               | CORP              | GB        |    336968 | NS      | $1760906.01   | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Fortune REIT                                             | Fortune REIT                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | HK        |    487781 | NS      | $315199.73    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Cranswick plc                                            | Cranswick plc                                            | CUSIP: N/A<br>LEI: 549300LDZLPU51XOSK43       | Long             | EC               | CORP              | GB        |      3520 | NS      | $228464.46    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Kansai Paint Co. Ltd.                                    | Kansai Paint Co. Ltd.                                    | CUSIP: N/A<br>LEI: 549300ERRV6FTKH9NN70       | Long             | EC               | CORP              | JP        |     28044 | NS      | $449355.28    | 0.17%             |  |  |  | No            |                  2 | On Loan: —       |
| Swedish Krona                                            | Swedish Krona                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | SE        |        91 | OU      | $9.57         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Nabtesco Corp.                                           | Nabtesco Corp.                                           | CUSIP: N/A<br>LEI: 529900DVHQXYRTGW7739       | Long             | EC               | CORP              | JP        |    105816 | NS      | $2659130.67   | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Nufarm Ltd.                                              | Nufarm Ltd.                                              | CUSIP: N/A<br>LEI: 529900QVU58IVMPRWJ98       | Long             | EC               | CORP              | AU        |    114670 | NS      | $155960.35    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Cellebrite DI Ltd.                                       | Cellebrite DI Ltd.                                       | CUSIP: N/A<br>LEI: 254900G03462YGP1IO36       | Long             | EC               | CORP              | IL        |    120791 | NS      | $2060694.46   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Minth Group Ltd.                                         | Minth Group Ltd.                                         | CUSIP: N/A<br>LEI: 254900B2AH0G13K9G204       | Long             | EC               | CORP              | KY        |     46537 | NS      | $206455.93    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| NOBA Bank Group AB                                       | NOBA Bank Group AB                                       | CUSIP: N/A<br>LEI: 21380057HUGFEAF25W84       | Long             | EC               | CORP              | SE        |     92920 | NS      | $936022.10    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Canon Marketing Japan, Inc.                              | Canon Marketing Japan, Inc.                              | CUSIP: N/A<br>LEI: 529900WMTZBIIROD5K97       | Long             | EC               | CORP              | JP        |     48274 | NS      | $2007054.69   | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Marui Group Co. Ltd.                                     | Marui Group Co. Ltd.                                     | CUSIP: N/A<br>LEI: 52990081ZYFHQZEEMU57       | Long             | EC               | CORP              | JP        |     49797 | NS      | $954061.11    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| ALK-Abello A/S                                           | ALK-Abello A/S, Class B                                  | CUSIP: N/A<br>LEI: 529900SGCREUZCZ7P020       | Long             | EC               | CORP              | DK        |     35783 | NS      | $1179628.01   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| TFI International, Inc.                                  | TFI International, Inc.                                  | CUSIP: 87241L109<br>LEI: 5493007R9W7KO7SJN678 | Long             | EC               | CORP              | CA        |      1877 | NS      | $168423.21    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Nichias Corp.                                            | Nichias Corp.                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     19840 | NS      | $740616.95    | 0.28%             |  |  |  | No            |                  2 | On Loan: —       |
| Alior Bank SA                                            | Alior Bank SA                                            | CUSIP: N/A<br>LEI: 259400QHDOZWMJ103294       | Long             | EC               | CORP              | PL        |     20938 | NS      | $581829.65    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| NEXTDC Ltd.                                              | NEXTDC Ltd.                                              | CUSIP: N/A<br>LEI: 529900RTERU3X7G3D672       | Long             | EC               | CORP              | AU        |     79626 | NS      | $817773.41    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| NS Solutions Corp.                                       | NS Solutions Corp.                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     19338 | NS      | $488858.82    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Airtac International Group                               | Airtac International Group                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |     22735 | NS      | $671724.11    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| St. James's Place plc                                    | St. James's Place plc                                    | CUSIP: N/A<br>LEI: 213800M993ICXOMBCP87       | Long             | EC               | CORP              | GB        |     37954 | NS      | $648170.70    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Hammerson plc                                            | Hammerson plc                                            | CUSIP: N/A<br>LEI: 213800G1C9KKVVDN1A60       | Long             | EC               | CORP              | GB        |    794437 | NS      | $3185458.08   | 1.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Rakuten Bank Ltd.                                        | Rakuten Bank Ltd.                                        | CUSIP: N/A<br>LEI: 3538007HFAF2NOCBUE44       | Long             | EC               | CORP              | JP        |     29864 | NS      | $1639795.15   | 0.62%             |  |  |  | No            |                  2 | On Loan: —       |
| Lynas Rare Earths Ltd.                                   | Lynas Rare Earths Ltd.                                   | CUSIP: N/A<br>LEI: 529900SGT9M1FJPXXI35       | Long             | EC               | CORP              | AU        |     33689 | NS      | $331092.96    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Relo Group, Inc.                                         | Relo Group, Inc.                                         | CUSIP: N/A<br>LEI: 353800T595XRZDA8IB59       | Long             | EC               | CORP              | JP        |     29429 | NS      | $316162.17    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Hachijuni Bank Ltd. (The)                                | Hachijuni Bank Ltd. (The)                                | CUSIP: N/A<br>LEI: FE70I3MHDCWOZWK19W48       | Long             | EC               | CORP              | JP        |     87721 | NS      | $881613.63    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Persol Holdings Co. Ltd.                                 | Persol Holdings Co. Ltd.                                 | CUSIP: N/A<br>LEI: 3538000H6OI725NB2008       | Long             | EC               | CORP              | JP        |    462193 | NS      | $767691.24    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Sapiens International Corp. NV                           | Sapiens International Corp. NV                           | CUSIP: N/A<br>LEI: 2549009P4ZS02GC5QV68       | Long             | EC               | CORP              | KY        |     20371 | NS      | $876971.55    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Konecranes OYJ                                           | Konecranes OYJ                                           | CUSIP: N/A<br>LEI: 549300EF0CDEQZBMA096       | Long             | EC               | CORP              | FI        |     27492 | NS      | $2712874.28   | 1.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Storebrand ASA                                           | Storebrand ASA                                           | CUSIP: N/A<br>LEI: 5967007LIEEXZX7NA051       | Long             | EC               | CORP              | NO        |     63824 | NS      | $988504.90    | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Canadian Dollar                                          | Canadian Dollar                                          | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | CA        |        -0 | OU      | $-0.14        | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Toyo Suisan Kaisha Ltd.                                  | Toyo Suisan Kaisha Ltd.                                  | CUSIP: 892306101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |     16138 | NS      | $1170681.89   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Castellum AB                                             | Castellum AB                                             | CUSIP: N/A<br>LEI: 549300GU5OHTR1T5IY68       | Long             | EC               | CORP              | SE        |    137718 | NS      | $1563481.55   | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| CF SECURED LLC                                           | Treasury Repurchase Agreement                            | CUSIP: N/A<br>LEI: 254900OXTV81I73FAT50       | Long             | RA               | CORP              | US        |   1760006 | PA      | $1760006.25   | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Pilbara Minerals Ltd.                                    | Pilbara Minerals Ltd.                                    | CUSIP: N/A<br>LEI: 5299000VV1CZVF5K9C16       | Long             | EC               | CORP              | AU        |    353901 | NS      | $763256.92    | 0.29%             |  |  |  | No            |                  2 | On Loan: —       |
| BOC Aviation Ltd.                                        | BOC Aviation Ltd.                                        | CUSIP: N/A<br>LEI: 254900H06V5RMEB3KE72       | Long             | EC               | CORP              | SG        |     69838 | NS      | $611722.28    | 0.23%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Japan Steel Works Ltd. (The)                             | Japan Steel Works Ltd. (The)                             | CUSIP: N/A<br>LEI: 529900AWFTILIHHO0936       | Long             | EC               | CORP              | JP        |     12863 | NS      | $841477.26    | 0.32%             |  |  |  | No            |                  2 | On Loan: —       |
| Alpha Bank SA                                            | Alpha Bank SA                                            | CUSIP: N/A<br>LEI: 213800DBQIB6VBNU5C64       | Long             | EC               | CORP              | GR        |    165580 | NS      | $648191.98    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Italgas SpA                                              | Italgas SpA                                              | CUSIP: N/A<br>LEI: 815600F25FF44EF1FA76       | Long             | EC               | CORP              | IT        |    288505 | NS      | $3023187.32   | 1.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Kanzhun Ltd.                                             | Kanzhun Ltd.                                             | CUSIP: 48553T106<br>LEI: 254900F4ZCBITP7L0251 | Long             | EC               | CORP              | KY        |     19000 | NS      | $421040.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke Vopak NV                                     | Koninklijke Vopak NV                                     | CUSIP: N/A<br>LEI: 724500UL634GFV1KYF10       | Long             | EC               | CORP              | NL        |     38742 | NS      | $1754014.44   | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Swiss Franc                                              | Swiss Franc                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | CH        |      7520 | OU      | $9344.77      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Medincell SA                                             | Medincell SA                                             | CUSIP: N/A<br>LEI: 969500R79U6PXCL2FF46       | Long             | EC               | CORP              | FR        |     34974 | NS      | $1551969.13   | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Gas Chemical Co., Inc.                        | Mitsubishi Gas Chemical Co., Inc.                        | CUSIP: N/A<br>LEI: 529900G5O4J27ZPLJJ89       | Long             | EC               | CORP              | JP        |     35467 | NS      | $655451.64    | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Hiscox Ltd.                                              | Hiscox Ltd.                                              | CUSIP: N/A<br>LEI: 5493007JXOLJ0QCY2D70       | Long             | EC               | CORP              | BM        |     57841 | NS      | $1046678.05   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Thule Group AB                                           | Thule Group AB                                           | CUSIP: N/A<br>LEI: 549300XHHOGBOERKU333       | Long             | EC               | CORP              | SE        |     41768 | NS      | $1073989.49   | 0.41%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Mebuki Financial Group, Inc.                             | Mebuki Financial Group, Inc.                             | CUSIP: N/A<br>LEI: 353800K1RXV3E3JAE812       | Long             | EC               | CORP              | JP        |    535535 | NS      | $3334811.30   | 1.27%             |  |  |  | No            |                  2 | On Loan: —       |
| Marimaca Copper Corp.                                    | Marimaca Copper Corp.                                    | CUSIP: 56783M106<br>LEI: 254900ZZYV59162NO535 | Long             | EC               | CORP              | CA        |     74016 | NS      | $575747.43    | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| SANTANDER US CAPITAL MARKETS LLC                         | Government Agency Repurchase Agreement                   | CUSIP: N/A<br>LEI: 549300LGG2RLWD21SU97       | Long             | RA               | CORP              | US        |   9000000 | PA      | $9000000.00   | 3.42%             |  |  |  | No            |                  2 | On Loan: No      |
| DOF Group ASA                                            | DOF Group ASA                                            | CUSIP: N/A<br>LEI: 213800GIV9N2A714T434       | Long             | EC               | CORP              | NO        |     30416 | NS      | $273139.12    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Nova Ltd.                                                | Nova Ltd.                                                | CUSIP: N/A<br>LEI: 529900B2DSWE5V3SC292       | Long             | EC               | CORP              | IL        |      5934 | NS      | $2045093.76   | 0.78%             |  |  |  | No            |                  1 | On Loan: —       |
| Japanese Yen                                             | Japanese Yen                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | JP        |   3194967 | OU      | $20731.73     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Tower Semiconductor Ltd.                                 | Tower Semiconductor Ltd.                                 | CUSIP: N/A<br>LEI: 54930086ZSNXZOUX0C54       | Long             | EC               | CORP              | IL        |     25466 | NS      | $2168939.22   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulvac, Inc.                                              | Ulvac, Inc.                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     35834 | NS      | $1623699.64   | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Methanex Corp.                                           | Methanex Corp.                                           | CUSIP: 59151K108<br>LEI: 549300TSJHRXT9QXRD13 | Long             | EC               | CORP              | CA        |      7929 | NS      | $312060.75    | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Saipem SpA                                               | Saipem SpA                                               | CUSIP: N/A<br>LEI: 549300PHV8MBDHWB8X12       | Long             | EC               | CORP              | IT        |    245591 | NS      | $638976.30    | 0.24%             |  |  |  | No            |                  2 | On Loan: —       |
| MEC Co. Ltd.                                             | MEC Co. Ltd.                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     83073 | NS      | $2453417.58   | 0.93%             |  |  |  | No            |                  2 | On Loan: —       |
| Penta-Ocean Construction Co. Ltd.                        | Penta-Ocean Construction Co. Ltd.                        | CUSIP: N/A<br>LEI: 529900QN42Q9UIW3AS17       | Long             | EC               | CORP              | JP        |    268431 | NS      | $2455786.51   | 0.93%             |  |  |  | No            |                  2 | On Loan: No      |
| Siegfried Holding AG                                     | Siegfried Holding AG (Registered)                        | CUSIP: N/A<br>LEI: 506700J9QD6IF3937W06       | Long             | EC               | CORP              | CH        |     12807 | NS      | $1233860.12   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| PrairieSky Royalty Ltd.                                  | PrairieSky Royalty Ltd.                                  | CUSIP: 739721108<br>LEI: 529900AXG582AP7CV733 | Long             | EC               | CORP              | CA        |     27316 | NS      | $490404.53    | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Tokyotokeiba Co. Ltd.                                    | Tokyotokeiba Co. Ltd.                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     35187 | NS      | $1261229.78   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Ibiden Co. Ltd.                                          | Ibiden Co. Ltd.                                          | CUSIP: N/A<br>LEI: 52990051DBFIQEY37C91       | Long             | EC               | CORP              | JP        |     25202 | NS      | $2376689.35   | 0.90%             |  |  |  | No            |                  2 | On Loan: —       |
| Unimicron Technology Corp.                               | Unimicron Technology Corp.                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    228678 | NS      | $1208965.84   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| SANTANDER US CAPITAL MARKETS LLC                         | Treasury Repurchase Agreement                            | CUSIP: N/A<br>LEI: 549300LGG2RLWD21SU97       | Long             | RA               | CORP              | US        |   3000000 | PA      | $3000000.00   | 1.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Genuit Group plc                                         | Genuit Group plc                                         | CUSIP: N/A<br>LEI: 2138005IF1N2RKJ6KO18       | Long             | EC               | CORP              | GB        |    349502 | NS      | $1701904.23   | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Linea Directa Aseguradora SA Cia de Seguros y Reaseguros | Linea Directa Aseguradora SA Cia de Seguros y Reaseguros | CUSIP: N/A<br>LEI: 95980079E2NBJT967T79       | Long             | EC               | CORP              | ES        |    413723 | NS      | $548435.82    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| BFF Bank SpA                                             | BFF Bank SpA                                             | CUSIP: N/A<br>LEI: 815600522538355AE429       | Long             | EC               | CORP              | IT        |     98302 | NS      | $1186467.76   | 0.45%             |  |  |  | Yes           |                  2 | On Loan: No      |
| ASPEED Technology, Inc.                                  | ASPEED Technology, Inc.                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |     12506 | NS      | $2214469.79   | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Rumo SA                                                  | Rumo SA                                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |    681641 | NS      | $2017067.95   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Ascendis Pharma A/S                                      | Ascendis Pharma A/S                                      | CUSIP: 04351P101<br>LEI: 549300B66JN3W3J8GH73 | Long             | EC               | CORP              | DK        |      5959 | NS      | $1201334.40   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| M3, Inc.                                                 | M3, Inc.                                                 | CUSIP: N/A<br>LEI: 3538001UOKRWIODYM055       | Long             | EC               | CORP              | JP        |     95416 | NS      | $1343950.26   | 0.51%             |  |  |  | No            |                  2 | On Loan: —       |
| KGHM Polska Miedz SA                                     | KGHM Polska Miedz SA                                     | CUSIP: N/A<br>LEI: G30CO71KTT9JDYJESN22       | Long             | EC               | CORP              | PL        |     24587 | NS      | $1288129.62   | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of Cyprus Holdings plc                              | Bank of Cyprus Holdings plc                              | CUSIP: N/A<br>LEI: 635400L14KNHZXPUZM19       | Long             | EC               | CORP              | IE        |     21284 | NS      | $181434.16    | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Unicaja Banco SA                                         | Unicaja Banco SA                                         | CUSIP: N/A<br>LEI: 5493007SJLLCTM6J6M37       | Long             | EC               | CORP              | ES        |    135732 | NS      | $366163.48    | 0.14%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Rotork plc                                               | Rotork plc                                               | CUSIP: N/A<br>LEI: 213800AH5RZIHGWRJ718       | Long             | EC               | CORP              | GB        |    423251 | NS      | $1903103.25   | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Shimamura Co. Ltd.                                       | Shimamura Co. Ltd.                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     37052 | NS      | $2389340.44   | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Elia Group SA/NV                                         | Elia Group SA/NV                                         | CUSIP: N/A<br>LEI: 549300S1MP1NFDIKT460       | Long             | EC               | CORP              | BE        |     11601 | NS      | $1397431.25   | 0.53%             |  |  |  | No            |                  2 | On Loan: —       |
| Hysan Development Co. Ltd.                               | Hysan Development Co. Ltd.                               | CUSIP: N/A<br>LEI: 5299007BABFLKIH9HL03       | Long             | EC               | CORP              | HK        |    458376 | NS      | $950208.09    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| New Taiwan Dollar                                        | New Taiwan Dollar                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | TW        |    744966 | OU      | $24233.64     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BayCurrent, Inc.                                         | BayCurrent, Inc.                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |      4359 | NS      | $199432.00    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Israeli Shekel                                           | Israeli Shekel                                           | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | IL        |     -1474 | OU      | $-452.35      | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Koito Manufacturing Co. Ltd.                             | Koito Manufacturing Co. Ltd.                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     41508 | NS      | $618732.36    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Irish Residential Properties REIT plc                    | Irish Residential Properties REIT plc                    | CUSIP: N/A<br>LEI: 635400EOPACLULRENY18       | Long             | EC               | CORP              | IE        |    633991 | NS      | $678073.60    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| IMAX Corp.                                               | IMAX Corp.                                               | CUSIP: 45245E109<br>LEI: 894500GS1ESLAPZCEI74 | Long             | EC               | CORP              | CA        |     45599 | NS      | $1481511.51   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Nova Ljubljanska Banka dd                                | Nova Ljubljanska Banka dd                                | CUSIP: 66980N203<br>LEI: 5493001BABFV7P27OW30 | Long             | EC               | CORP              | SI        |     26868 | NS      | $1077765.30   | 0.41%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Stockland                                                | Stockland                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    621399 | NS      | $2560664.18   | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| VGP NV                                                   | VGP NV                                                   | CUSIP: N/A<br>LEI: 315700NENYPIXFR94T49       | Long             | EC               | CORP              | BE        |     18171 | NS      | $2098568.54   | 0.80%             |  |  |  | No            |                  2 | On Loan: —       |
| Chroma ATE, Inc.                                         | Chroma ATE, Inc.                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |     92383 | NS      | $2441899.96   | 0.93%             |  |  |  | No            |                  2 | On Loan: No      |
| Kaufman & Broad SA                                       | Kaufman & Broad SA                                       | CUSIP: N/A<br>LEI: 969500CE0X343D8ALO86       | Long             | EC               | CORP              | FR        |     14454 | NS      | $486457.99    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| KBC Ancora                                               | KBC Ancora                                               | CUSIP: N/A<br>LEI: 549300I4XZ0RR3ZOSZ55       | Long             | EC               | CORP              | BE        |     15743 | NS      | $1237782.83   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| MISUMI Group, Inc.                                       | MISUMI Group, Inc.                                       | CUSIP: N/A<br>LEI: 353800SJWGE5BEK2V032       | Long             | EC               | CORP              | JP        |    187885 | NS      | $2942896.85   | 1.12%             |  |  |  | No            |                  2 | On Loan: No      |
| TIM SA                                                   | TIM SA                                                   | CUSIP: N/A<br>LEI: 529900QI0CH1DN5ZCS77       | Long             | EC               | CORP              | BR        |    389530 | NS      | $1758693.61   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Sandfire Resources Ltd.                                  | Sandfire Resources Ltd.                                  | CUSIP: N/A<br>LEI: 213800ZW52P23FVH1V47       | Long             | EC               | CORP              | AU        |    164847 | NS      | $1755985.84   | 0.67%             |  |  |  | No            |                  2 | On Loan: —       |
| South Korea Won                                          | South Korea Won                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | KR        |       691 | OU      | $0.48         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Senior plc                                               | Senior plc                                               | CUSIP: N/A<br>LEI: 5493002HQHWN5JQHKQ51       | Long             | EC               | CORP              | GB        |     83808 | NS      | $210133.68    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| THK Co. Ltd.                                             | THK Co. Ltd.                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |      7488 | NS      | $200143.37    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Dah Sing Financial Holdings Ltd.                         | Dah Sing Financial Holdings Ltd.                         | CUSIP: N/A<br>LEI: 529900J55QMXMR5KMH32       | Long             | EC               | CORP              | HK        |    240326 | NS      | $1110103.38   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Currys plc                                               | Currys plc                                               | CUSIP: N/A<br>LEI: 2138001E12GWLLDQQF16       | Long             | EC               | CORP              | GB        |   1779603 | NS      | $3279999.15   | 1.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Elementis plc                                            | Elementis plc                                            | CUSIP: N/A<br>LEI: 549300LQIH685LI2ML36       | Long             | EC               | CORP              | GB        |    433329 | NS      | $935848.06    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Sansan, Inc.                                             | Sansan, Inc.                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     48820 | NS      | $575979.30    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Softcat plc                                              | Softcat plc                                              | CUSIP: N/A<br>LEI: 213800N42YZLR9GLVC42       | Long             | EC               | CORP              | GB        |     95201 | NS      | $1998851.33   | 0.76%             |  |  |  | No            |                  2 | On Loan: No      |
| Oculis Holding AG                                        | Oculis Holding AG                                        | CUSIP: N/A<br>LEI: 5067005370C2KK324336       | Long             | EC               | CORP              | CH        |     31452 | NS      | $606394.56    | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Ebara Corp.                                              | Ebara Corp.                                              | CUSIP: N/A<br>LEI: 353800UV8U3SOMCDTI49       | Long             | EC               | CORP              | JP        |     30200 | NS      | $805783.71    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Camtek Ltd.                                              | Camtek Ltd.                                              | CUSIP: N/A<br>LEI: 5493000H80W07HCKGS43       | Long             | EC               | CORP              | IL        |     15730 | NS      | $1947688.60   | 0.74%             |  |  |  | No            |                  1 | On Loan: —       |
| Sega Sammy Holdings, Inc.                                | Sega Sammy Holdings, Inc.                                | CUSIP: N/A<br>LEI: 5493006B6WMKNQ8QNP51       | Long             | EC               | CORP              | JP        |    132121 | NS      | $2443354.39   | 0.93%             |  |  |  | No            |                  2 | On Loan: No      |
| Indian Rupee                                             | Indian Rupee                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | IN        |  43939336 | OU      | $494972.60    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Camurus AB                                               | Camurus AB                                               | CUSIP: N/A<br>LEI: 5493003S6Z6VI7WYFQ06       | Long             | EC               | CORP              | SE        |      8345 | NS      | $548489.30    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Eurogroup Laminations SpA                                | Eurogroup Laminations SpA                                | CUSIP: N/A<br>LEI: 8156004FC8565D73AE78       | Long             | EC               | CORP              | IT        |      5204 | NS      | $20992.96     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| FLSmidth & Co. A/S                                       | FLSmidth & Co. A/S                                       | CUSIP: N/A<br>LEI: 213800MXXDGQ3ITPXI41       | Long             | EC               | CORP              | DK        |     29511 | NS      | $2299690.94   | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| OKUMA Corp.                                              | OKUMA Corp.                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     18638 | NS      | $416933.53    | 0.16%             |  |  |  | No            |                  2 | On Loan: —       |
| Arcadis NV                                               | Arcadis NV                                               | CUSIP: N/A<br>LEI: 7245000UZH70GO047N03       | Long             | EC               | CORP              | NL        |    105735 | NS      | $5049216.87   | 1.92%             |  |  |  | No            |                  2 | On Loan: No      |
| JET2 plc                                                 | JET2 plc                                                 | CUSIP: N/A<br>LEI: I72RQ3PNLDPW8R7JIJ56       | Long             | EC               | CORP              | GB        |     31034 | NS      | $541882.84    | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Genesis Minerals Ltd.                                    | Genesis Minerals Ltd.                                    | CUSIP: N/A<br>LEI: 894500AK5BVRCNP0FP48       | Long             | EC               | CORP              | AU        |    401296 | NS      | $1524834.47   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Resorttrust, Inc.                                        | Resorttrust, Inc.                                        | CUSIP: N/A<br>LEI: 353800FM9MYWH105SE11       | Long             | EC               | CORP              | JP        |    193538 | NS      | $2279637.77   | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| Trainline plc                                            | Trainline plc                                            | CUSIP: N/A<br>LEI: 213800HO26VXTFJ4MO71       | Long             | EC               | CORP              | GB        |    493287 | NS      | $1633379.50   | 0.62%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Haypp Group AB                                           | Haypp Group AB                                           | CUSIP: N/A<br>LEI: 549300NDGL14NS31UP49       | Long             | EC               | CORP              | SE        |     55544 | NS      | $901693.65    | 0.34%             |  |  |  | No            |                  2 | On Loan: —       |
| Brazilian Real                                           | Brazilian Real                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | BR        |       558 | OU      | $103.67       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SUNeVision Holdings Ltd.                                 | SUNeVision Holdings Ltd.                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |    711122 | NS      | $553046.41    | 0.21%             |  |  |  | No            |                  2 | On Loan: —       |
| ENN Energy Holdings Ltd.                                 | ENN Energy Holdings Ltd.                                 | CUSIP: N/A<br>LEI: 549300V7BXPWT6WIPR03       | Long             | EC               | CORP              | KY        |    134769 | NS      | $1173865.57   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Hungarian Forint                                         | Hungarian Forint                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | HU        |         1 | OU      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Singapore Dollar                                         | Singapore Dollar                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | SG        |      8066 | OU      | $6197.02      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SigmaRoc plc                                             | SigmaRoc plc                                             | CUSIP: N/A<br>LEI: 213800Q3CJUERBGD1E44       | Long             | EC               | CORP              | GB        |   1470582 | NS      | $2229138.05   | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| ABC-Mart, Inc.                                           | ABC-Mart, Inc.                                           | CUSIP: N/A<br>LEI: 353800AXWW4CMTSJWL33       | Long             | EC               | CORP              | JP        |     97406 | NS      | $1670077.23   | 0.63%             |  |  |  | No            |                  2 | On Loan: No      |
| De' Longhi SpA                                           | De' Longhi SpA                                           | CUSIP: N/A<br>LEI: 8156000E09A52C4F8A38       | Long             | EC               | CORP              | IT        |     34774 | NS      | $1268271.48   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Pony AI, Inc.                                            | Pony AI, Inc.                                            | CUSIP: 732908108<br>LEI: 9845006P7613D2A61368 | Long             | EC               | CORP              | KY        |     16255 | NS      | $303643.40    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Alm Brand A/S                                            | Alm Brand A/S                                            | CUSIP: N/A<br>LEI: 549300H4TGLJVZ6VTA48       | Long             | EC               | CORP              | DK        |     94433 | NS      | $265827.90    | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Allfunds Group plc                                       | Allfunds Group plc                                       | CUSIP: N/A<br>LEI: 9598005U8TZQ8Q64SC71       | Long             | EC               | CORP              | GB        |    149470 | NS      | $1138142.21   | 0.43%             |  |  |  | No            |                  2 | On Loan: —       |
| Azimut Holding SpA                                       | Azimut Holding SpA                                       | CUSIP: N/A<br>LEI: 81560025690EF8540635       | Long             | EC               | CORP              | IT        |     10016 | NS      | $391783.71    | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Kyushu Electric Power Co., Inc.                          | Kyushu Electric Power Co., Inc.                          | CUSIP: N/A<br>LEI: 549300BYNZPLKQVQH430       | Long             | EC               | CORP              | JP        |    291871 | NS      | $2866128.39   | 1.09%             |  |  |  | No            |                  2 | On Loan: No      |
| easyJet plc                                              | easyJet plc                                              | CUSIP: N/A<br>LEI: 2138001S47XKWIB7TH90       | Long             | EC               | CORP              | GB        |    237648 | NS      | $1517045.70   | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Collective Mining Ltd.                                   | Collective Mining Ltd.                                   | CUSIP: 19425C100<br>LEI: 98450055FE5CF6E9J694 | Long             | EC               | CORP              | CA        |     87155 | NS      | $994246.19    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Orora Ltd.                                               | Orora Ltd.                                               | CUSIP: N/A<br>LEI: 549300WFEQJK35VDF789       | Long             | EC               | CORP              | AU        |    387704 | NS      | $510095.77    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| eGuarantee, Inc.                                         | eGuarantee, Inc.                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     78031 | NS      | $804405.70    | 0.31%             |  |  |  | No            |                  2 | On Loan: —       |
| Kemira OYJ                                               | Kemira OYJ                                               | CUSIP: N/A<br>LEI: 74370031Y7RK5H88CQ48       | Long             | EC               | CORP              | FI        |     48049 | NS      | $1057769.05   | 0.40%             |  |  |  | No            |                  2 | On Loan: —       |
| Resonac Holdings Corp.                                   | Resonac Holdings Corp.                                   | CUSIP: N/A<br>LEI: 5493006AIPA1V92YPP18       | Long             | EC               | CORP              | JP        |     60295 | NS      | $2351415.45   | 0.89%             |  |  |  | No            |                  2 | On Loan: —       |
| SimilarWeb Ltd.                                          | SimilarWeb Ltd.                                          | CUSIP: N/A<br>LEI: 254900GWO7PNBAYCPJ12       | Long             | EC               | CORP              | IL        |    248323 | NS      | $2123161.65   | 0.81%             |  |  |  | No            |                  1 | On Loan: —       |
| Air Water, Inc.                                          | Air Water, Inc.                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     34577 | NS      | $481580.84    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Asahi Intecc Co. Ltd.                                    | Asahi Intecc Co. Ltd.                                    | CUSIP: N/A<br>LEI: 353800J3AV2SCNIO8L39       | Long             | EC               | CORP              | JP        |     52911 | NS      | $837909.56    | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| PSP Swiss Property AG                                    | PSP Swiss Property AG (Registered)                       | CUSIP: N/A<br>LEI: 50670042Y437P8X44F56       | Long             | EC               | CORP              | CH        |      3503 | NS      | $605478.74    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| BP Marsh & Partners plc                                  | BP Marsh & Partners plc                                  | CUSIP: N/A<br>LEI: 2138008G8EPE3HAHEM13       | Long             | EC               | CORP              | GB        |     25143 | NS      | $219984.18    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Ashok Leyland Ltd.                                       | Ashok Leyland Ltd.                                       | CUSIP: N/A<br>LEI: 3358001BZKWERVWYCK35       | Long             | EC               | CORP              | IN        |    138746 | NS      | $221114.51    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Bellway plc                                              | Bellway plc                                              | CUSIP: N/A<br>LEI: 213800CY4L3HST4FGZ98       | Long             | EC               | CORP              | GB        |     46322 | NS      | $1600218.17   | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| First International Bank of Israel Ltd. (The)            | First International Bank of Israel Ltd. (The)            | CUSIP: N/A<br>LEI: 2138002RV6AUUX19F397       | Long             | EC               | CORP              | IL        |     18590 | NS      | $1336149.01   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Hangzhou Tigermed Consulting Co. Ltd.                    | Hangzhou Tigermed Consulting Co. Ltd., Class H           | CUSIP: N/A<br>LEI: 300300CP4N8WDF6DOO67       | Long             | EC               | CORP              | CN        |     96416 | NS      | $577847.59    | 0.22%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Topaz Energy Corp.                                       | Topaz Energy Corp.                                       | CUSIP: 89055A203<br>LEI: 98450056D90CB02FQ571 | Long             | EC               | CORP              | CA        |     19278 | NS      | $342249.62    | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Billerud Aktiebolag                                      | Billerud Aktiebolag                                      | CUSIP: N/A<br>LEI: 549300YJUYJ9A24RXL71       | Long             | EC               | CORP              | SE        |     80641 | NS      | $746586.56    | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Gaztransport Et Technigaz SA                             | Gaztransport Et Technigaz SA                             | CUSIP: N/A<br>LEI: 969500BVOHVZUUFWDT54       | Long             | EC               | CORP              | FR        |      2929 | NS      | $579396.99    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| LunR Royalties Corp.                                     | LunR Royalties Corp.                                     | CUSIP: 550428106<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     39007 | NS      | $40048.54     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Faraday Copper Corp.                                     | Faraday Copper Corp.                                     | CUSIP: 307357103<br>LEI: 529900BNJJ4FLFL93V78 | Long             | EC               | CORP              | CA        |    895659 | NS      | $1436834.87   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumitomo Rubber Industries Ltd.                          | Sumitomo Rubber Industries Ltd.                          | CUSIP: N/A<br>LEI: 353800JD4V72SJ3EOX37       | Long             | EC               | CORP              | JP        |     27825 | NS      | $325718.64    | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| United Internet AG                                       | United Internet AG (Registered)                          | CUSIP: N/A<br>LEI: 3VEKWPJHTD4NKMBVG947       | Long             | EC               | CORP              | DE        |     56037 | NS      | $1728323.56   | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| Birchcliff Energy Ltd.                                   | Birchcliff Energy Ltd.                                   | CUSIP: 090697103<br>LEI: 5493000BBN3EF2L0XW29 | Long             | EC               | CORP              | CA        |    131459 | NS      | $612984.82    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| FP Corp.                                                 | FP Corp.                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     29830 | NS      | $484617.94    | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Shimadzu Corp.                                           | Shimadzu Corp.                                           | CUSIP: N/A<br>LEI: 353800Y64Z08WEH8PH97       | Long             | EC               | CORP              | JP        |     16100 | NS      | $432528.60    | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Montage Gold Corp.                                       | Montage Gold Corp.                                       | CUSIP: 61178L101<br>LEI: 9845004C6BCE77ACA795 | Long             | EC               | CORP              | CA        |    273860 | NS      | $1359000.11   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| and ST HD Co. Ltd.                                       | and ST HD Co. Ltd.                                       | CUSIP: N/A<br>LEI: 353800DZZIJ399PIWU03       | Long             | EC               | CORP              | JP        |     70613 | NS      | $1192129.90   | 0.45%             |  |  |  | No            |                  2 | On Loan: —       |
| Peyto Exploration & Development Corp.                    | Peyto Exploration & Development Corp.                    | CUSIP: 717046106<br>LEI: 98450004AE67F646C503 | Long             | EC               | CORP              | CA        |     22370 | NS      | $325848.70    | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Nissan Chemical Corp.                                    | Nissan Chemical Corp.                                    | CUSIP: N/A<br>LEI: 3538002E4L1CUGJFFU25       | Long             | EC               | CORP              | JP        |     45316 | NS      | $1529534.91   | 0.58%             |  |  |  | No            |                  2 | On Loan: —       |
| Immatics NV                                              | Immatics NV                                              | CUSIP: N/A<br>LEI: 984500DC691EZ96AF394       | Long             | EC               | CORP              | NL        |     88776 | NS      | $904627.44    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Phoenix Financial Ltd.                                   | Phoenix Financial Ltd.                                   | CUSIP: N/A<br>LEI: 254900IUA68QTCFYHE30       | Long             | EC               | CORP              | IL        |     16531 | NS      | $634857.30    | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Sinfonia Technology Co. Ltd.                             | Sinfonia Technology Co. Ltd.                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |      6442 | NS      | $442813.39    | 0.17%             |  |  |  | No            |                  2 | On Loan: —       |
| Nxera Pharma Co. Ltd.                                    | Nxera Pharma Co. Ltd.                                    | CUSIP: N/A<br>LEI: 2138004M62BFNJMR2Z82       | Long             | EC               | CORP              | JP        |     95151 | NS      | $551475.80    | 0.21%             |  |  |  | No            |                  2 | On Loan: —       |
| Japan Real Estate Investment Corp.                       | Japan Real Estate Investment Corp.                       | CUSIP: N/A<br>LEI: 3538003YAIR3CBGJJ928       | Long             | EC               | CORP              | JP        |      1346 | NS      | $1109588.99   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Harmony Gold Mining Co. Ltd.                             | Harmony Gold Mining Co. Ltd.                             | CUSIP: N/A<br>LEI: 378900986D05F0C29811       | Long             | EC               | CORP              | ZA        |     73224 | NS      | $1214786.92   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Immunocore Holdings plc                                  | Immunocore Holdings plc                                  | CUSIP: 45258D105<br>LEI: 213800IUE3DFS84BVN18 | Long             | EC               | CORP              | GB        |     21384 | NS      | $707596.56    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Pharvaris NV                                             | Pharvaris NV                                             | CUSIP: N/A<br>LEI: 9845003BE146D3B75D32       | Long             | EC               | CORP              | NL        |     39982 | NS      | $888400.04    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Polish Zloty - New                                       | Polish Zloty - New                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | PL        |        90 | OU      | $24.39        | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| South African Rand                                       | South African Rand                                       | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | ZA        |        -0 | OU      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Synthomer plc                                            | Synthomer plc                                            | CUSIP: N/A<br>LEI: 213800EHT3TI1KPQQJ56       | Long             | EC               | CORP              | GB        |     96929 | NS      | $68374.45     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Nifco, Inc.                                              | Nifco, Inc.                                              | CUSIP: 654101104<br>LEI: 353800JMDOH68J9I5140 | Long             | EC               | CORP              | JP        |     28342 | NS      | $822123.93    | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| iShares MSCI EAFE Small-Cap ETF                          | iShares MSCI EAFE Small-Cap ETF                          | CUSIP: 464288273<br>LEI: 549300MJV5OZGVS4LX86 | Long             |  | RF                | US        |     20761 | NS      | $1582195.81   | 0.60%             |  |  |  | No            |                  1 | On Loan: —       |
| Melisron Ltd.                                            | Melisron Ltd.                                            | CUSIP: N/A<br>LEI: 213800B9SL62L9VLO604       | Long             | EC               | CORP              | IL        |     15009 | NS      | $1952598.26   | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| JCDecaux SE                                              | JCDecaux SE                                              | CUSIP: N/A<br>LEI: 9695009KV7AFPDEI5S30       | Long             | EC               | CORP              | FR        |    108722 | NS      | $1979221.00   | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Bertrandt AG                                             | Bertrandt AG                                             | CUSIP: N/A<br>LEI: 529900DRBK1K538NYX30       | Long             | EC               | CORP              | DE        |      5094 | NS      | $117723.44    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| MakeMyTrip Ltd.                                          | MakeMyTrip Ltd.                                          | CUSIP: N/A<br>LEI: 529900DNT8HNJ7RYUO60       | Long             | EC               | CORP              | MU        |      7882 | NS      | $630560.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Pennon Group plc                                         | Pennon Group plc                                         | CUSIP: N/A<br>LEI: 213800V1CCTS41GWH423       | Long             | EC               | CORP              | GB        |    125793 | NS      | $856900.76    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Wereldhave NV                                            | Wereldhave NV                                            | CUSIP: N/A<br>LEI: 724500YRQCY3BD9RJZ92       | Long             | EC               | CORP              | NL        |     36223 | NS      | $769103.04    | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| EURO                                                     | EURO                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | XX        |     15477 | OU      | $17839.73     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| British Pound                                            | British Pound                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | GB        |         0 | OU      | $0.01         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Kingfisher plc                                           | Kingfisher plc                                           | CUSIP: N/A<br>LEI: 213800KBMEV7I92FY281       | Long             | EC               | CORP              | GB        |    125596 | NS      | $509619.11    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Kokusai Electric Corp.                                   | Kokusai Electric Corp.                                   | CUSIP: N/A<br>LEI: 549300CDY6N3WKYK2I96       | Long             | EC               | CORP              | JP        |     56700 | NS      | $2049188.05   | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Hellenic Telecommunications Organization SA              | Hellenic Telecommunications Organization SA              | CUSIP: N/A<br>LEI: ELPUFM0XZRZO4LFXW404       | Long             | EC               | CORP              | GR        |     84250 | NS      | $1583862.28   | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Genus plc                                                | Genus plc                                                | CUSIP: N/A<br>LEI: 54930022EOITNKSIGH56       | Long             | EC               | CORP              | GB        |     29135 | NS      | $942641.99    | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Addiko Bank AG                                           | Addiko Bank AG                                           | CUSIP: N/A<br>LEI: 529900UKZBMDBDZIXD62       | Long             | EC               | CORP              | AT        |      6481 | NS      | $157718.59    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| IMI plc                                                  | IMI plc                                                  | CUSIP: N/A<br>LEI: 2138002W9Q21PF751R30       | Long             | EC               | CORP              | GB        |     69085 | NS      | $2170919.50   | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Airport Terminal Co. Ltd.                          | Japan Airport Terminal Co. Ltd.                          | CUSIP: N/A<br>LEI: 353800W9WEQSGUY2EO26       | Long             | EC               | CORP              | JP        |     22106 | NS      | $686287.76    | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Alphamin Resources Corp.                                 | Alphamin Resources Corp.                                 | CUSIP: N/A<br>LEI: 529900YI7Z8X5I42E192       | Long             | EC               | CORP              | MU        |   1002838 | NS      | $765061.25    | 0.29%             |  |  |  | No            |                  1 | On Loan: —       |
| Games Workshop Group plc                                 | Games Workshop Group plc                                 | CUSIP: N/A<br>LEI: 213800RP9QJQYGWHNT41       | Long             | EC               | CORP              | GB        |      2451 | NS      | $513499.11    | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| FireFly Metals Ltd.                                      | FireFly Metals Ltd.                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |     49006 | NS      | $62543.75     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Tokyo Seimitsu Co. Ltd.                                  | Tokyo Seimitsu Co. Ltd.                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     12845 | NS      | $884061.07    | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| GMO Payment Gateway, Inc.                                | GMO Payment Gateway, Inc.                                | CUSIP: N/A<br>LEI: 353800Q6U21E2PM83F86       | Long             | EC               | CORP              | JP        |     15749 | NS      | $859019.99    | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| QinetiQ Group plc                                        | QinetiQ Group plc                                        | CUSIP: N/A<br>LEI: 213800S8OBDOZMCMUW34       | Long             | EC               | CORP              | GB        |    176989 | NS      | $1116713.86   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Shandong Weigao Group Medical Polymer Co. Ltd.           | Shandong Weigao Group Medical Polymer Co. Ltd., Class H  | CUSIP: N/A<br>LEI: 5299005WQUU15JQU8S60       | Long             | EC               | CORP              | CN        |    835034 | NS      | $582265.97    | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Beazley plc                                              | Beazley plc                                              | CUSIP: N/A<br>LEI: 213800VTOMUWD41GIT12       | Long             | EC               | CORP              | GB        |     96806 | NS      | $1184012.40   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Fiverr International Ltd.                                | Fiverr International Ltd.                                | CUSIP: N/A<br>LEI: 549300Z8OREY6THCPF67       | Long             | EC               | CORP              | IL        |     94649 | NS      | $2142853.36   | 0.81%             |  |  |  | No            |                  1 | On Loan: —       |

### Signature

**Date Signed:** 2025-12-01

**Name of Applicant:** Nationwide Mutual Funds

**Signature:** David Majewski

**Name of Signer:** David Majewski

**Title:** Treasurer