# EDGAR Filing Document

**Accession Number:** 0001075065
**File Stem:** 0001410368-25-029653
**Filing Date:** 2025-11
**Character Count:** 1215875
**Document Hash:** 2d2e562e42d7776e05c97ca90648c6dd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-029653.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0001410368-25-029653

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251124

**DATE AS OF CHANGE**: 20251124

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SA FUNDS INVESTMENT TRUST
- **CENTRAL INDEX KEY:** 0001075065

**ORGANIZATION NAME:**
- **EIN:** 770216379
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09195
- **FILM NUMBER:** 251512512

**BUSINESS ADDRESS:**
- **STREET 1:** 10 ALMADEN BLVD, 15TH FLOOR
- **CITY:** SAN JOSE
- **STATE:** CA
- **ZIP:** 95113
- **BUSINESS PHONE:** (800) 366-7266

**MAIL ADDRESS:**
- **STREET 1:** 10 ALMADEN BLVD, 15TH FLOOR
- **CITY:** SAN JOSE
- **STATE:** CA
- **ZIP:** 95113

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RWB FUNDS INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19981211

## Series and Classes Contracts Data

### SA Emerging Markets Value Fund (Series ID: S000015873)

| Class ID   | Class Name                     | Ticker Symbol   |
|:---|:---|:---|
| C000043578 | SA Emerging Markets Value Fund |  |

## Nport-Ex

**SA U.S. Fixed Income Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **FACE<br> AMOUNT** | **VALUE†** |
| **YANKEE CORPORATE BONDS AND NOTES — 13.8%** | **YANKEE CORPORATE BONDS AND NOTES — 13.8%** | **YANKEE CORPORATE BONDS AND NOTES — 13.8%** |
| ***Consumer, Cyclical — 0.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Magna International, Inc., 5.500%, 3/21/33 | $400000 | $415705 |
| ***Consumer, Non-cyclical — 0.7%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ashtead Capital, Inc., 5.550%, 5/30/33 ± | 1480000 | 1527706 |
| &nbsp;&nbsp;&nbsp;&nbsp;BAT Capital Corp., 6.000%, 2/20/34 | 1500000 | 1603044 |
|  |  | 3130750 |
| ***Financial — 7.2%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Australia & New Zealand Banking Group Ltd., SOFR + 0.560%, 4.745%, 3/18/26 ‡± | 12803000 | 12824526 |
| &nbsp;&nbsp;&nbsp;&nbsp;Commonwealth Bank of Australia, SOFR + 0.810%, 5.010%, 3/14/30 ‡± | 2000000 | 2012099 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cooperatieve Rabobank UA, SOFR + 0.710%, 4.910%, 3/05/27 ‡ | 9500000 | 9545257 |
| &nbsp;&nbsp;&nbsp;&nbsp;Credit Agricole SA, SOFR + 0.870%, 5.052%, 3/11/27 ‡± | 572000 | 574599 |
| &nbsp;&nbsp;&nbsp;&nbsp;Credit Agricole SA, 5.514%, 7/05/33 ± | 400000 | 422205 |
| &nbsp;&nbsp;&nbsp;&nbsp;Westpac Banking Corp., SOFR + 0.420%, 4.743%, 4/16/26 ‡ | 2300000 | 2301662 |
| &nbsp;&nbsp;&nbsp;&nbsp;Westpac Banking Corp., SOFR + 0.720%, 4.984%, 11/17/25 ‡ | 5000000 | 5004021 |
|  |  | 32684369 |
| ***Government — 5.8%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;European Bank for Reconstruction & Development, SOFR + 0.420%, 4.736%, 7/22/30 ‡ | 2500000 | 2504358 |
| &nbsp;&nbsp;&nbsp;&nbsp;European Investment Bank, SOFR + 0.320%, 4.586%, 8/14/29 ‡ | 7500000 | 7508140 |
| &nbsp;&nbsp;&nbsp;&nbsp;Inter-American Development Bank, SOFR + 0.370%, 4.664%, 8/01/29 ‡ | 4000000 | 4002035 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kommunalbanken AS, SOFR + 0.400%, 4.620%, 3/03/28 ‡± | 5000000 | 5005380 |
| &nbsp;&nbsp;&nbsp;&nbsp;Province of Ontario Canada, 4.200%, 1/18/29 | 3000000 | 3040850 |
| &nbsp;&nbsp;&nbsp;&nbsp;Svensk Exportkredit AB, SOFR + 1.000%, 5.286%, 5/05/27 ‡ | 2500000 | 2525830 |
| &nbsp;&nbsp;&nbsp;&nbsp;Svensk Exportkredit AB, SOFR + 1.000%, 5.290%, 8/03/26 ‡ | 1600000 | 1610461 |
|  |  | 26197054 |
| &nbsp;&nbsp;&nbsp;&nbsp;TOTAL YANKEE CORPORATE BONDS AND NOTES<br> (Identified Cost $62,108,193) | &nbsp;&nbsp;&nbsp;&nbsp;TOTAL YANKEE CORPORATE BONDS AND NOTES<br> (Identified Cost $62,108,193) | 62427878 |

---

---

| | | |
|:---|:---|:---|
|  | **FACE <br> AMOUNT** | **VALUE†** |
| **CORPORATE BONDS AND NOTES — 51.9%** | **CORPORATE BONDS AND NOTES — 51.9%** | **CORPORATE BONDS AND NOTES — 51.9%** |
| ***Basic Material — 0.4%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;LYB International Finance III LLC, 5.500%, 3/01/34 | $2000000 | $2009153 |
| ***Communications — 4.3%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Amazon.com, Inc., 3.600%, 4/13/32 | 4719000 | 4564997 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cisco Systems, Inc., 4.800%, 2/26/27 | 2000000 | 2025082 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cisco Systems, Inc., 4.950%, 2/24/32 | 3000000 | 3103011 |
| &nbsp;&nbsp;&nbsp;&nbsp;Comcast Corp., 4.250%, 1/15/33 | 3500000 | 3429597 |
| &nbsp;&nbsp;&nbsp;&nbsp;Meta Platforms, Inc., 3.850%, 8/15/32 | 3000000 | 2920976 |
| &nbsp;&nbsp;&nbsp;&nbsp;Meta Platforms, Inc., 4.550%, 8/15/31 | 400000 | 408226 |
| &nbsp;&nbsp;&nbsp;&nbsp;Meta Platforms, Inc., 4.950%, 5/15/33 | 3000000 | 3105911 |
|  |  | 19557800 |
| ***Consumer, Cyclical — 2.7%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Costco Wholesale Corp., 1.750%, 4/20/32 | 5000000 | 4330881 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hyatt Hotels Corp., 5.375%, 12/15/31 | 1600000 | 1637019 |
| &nbsp;&nbsp;&nbsp;&nbsp;Walmart, Inc., SOFR + 0.430%, 4.728%, 4/28/27 ‡ | 6213000 | 6234513 |
|  |  | 12202413 |
| ***Consumer, Non-cyclical — 9.8%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Cargill, Inc., 4.000%, 6/22/32 ± | 2000000 | 1952500 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cigna Group (The), 5.250%, 2/15/34 | 3000000 | 3089911 |
| &nbsp;&nbsp;&nbsp;&nbsp;Elevance Health, Inc., 4.100%, 5/15/32 | 151000 | 146879 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eli Lilly & Co., SOFR + 0.530%, 4.749%, 10/15/28 ‡ | 3500000 | 3506806 |
| &nbsp;&nbsp;&nbsp;&nbsp;Merck & Co., Inc., SOFR + 0.460%, 4.653%, 9/15/27 ‡ | 1622000 | 1627432 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nestle Capital Corp., 4.875%, 3/12/34 ± | 9000000 | 9273758 |
| &nbsp;&nbsp;&nbsp;&nbsp;Novartis Capital Corp., 4.000%, 9/18/31 | 5000000 | 4976400 |
| &nbsp;&nbsp;&nbsp;&nbsp;Philip Morris International, Inc., 5.250%, 2/13/34 | 3000000 | 3099473 |
| &nbsp;&nbsp;&nbsp;&nbsp;Procter & Gamble Co. (The), 4.550%, 1/29/34 | 4000000 | 4062246 |
| &nbsp;&nbsp;&nbsp;&nbsp;Roche Holdings, Inc., 4.909%, 3/08/31 ± | 5400000 | 5575128 |
| &nbsp;&nbsp;&nbsp;&nbsp;Roche Holdings, Inc., SOFR + 0.740%, 4.995%, 11/13/26 ‡± | 900000 | 904616 |
| &nbsp;&nbsp;&nbsp;&nbsp;Roche Holdings, Inc., 5.593%, 11/13/33 ± | 6000000 | 6446572 |
|  |  | 44661721 |
| ***Energy — 2.4%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;BP Capital Markets America, Inc., 4.812%, 2/13/33 | 1000000 | 1012171 |
| &nbsp;&nbsp;&nbsp;&nbsp;BP Capital Markets America, Inc., 4.893%, 9/11/33 | 2500000 | 2537155 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA U.S. Fixed Income Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **FACE <br> AMOUNT** | **VALUE†** |
| **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** |
| ***Energy (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Chevron USA, Inc., SOFR + 0.360%, 4.589%, 2/26/27 ‡ | $459000 | $459912 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chevron USA, Inc., SOFR + 0.470%, 4.699%, 2/26/28 ‡ | 6744000 | 6754276 |
|  |  | 10763514 |
| ***Financial — 24.8%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Allstate Corp. (The), 5.250%, 3/30/33 | 400000 | 415025 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Express Co., SOFR + 0.650%, 4.932%, 11/04/26 ‡ | 1500000 | 1504390 |
| &nbsp;&nbsp;&nbsp;&nbsp;American National Group, Inc., 6.144%, 6/13/32 ± | 1100000 | 1155023 |
| &nbsp;&nbsp;&nbsp;&nbsp;Americold Realty Operating Partnership LP, 5.600%, 5/15/32 | 2000000 | 2026172 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ameriprise Financial, Inc., 5.150%, 5/15/33 | 1000000 | 1037104 |
| &nbsp;&nbsp;&nbsp;&nbsp;Assurant, Inc., 2.650%, 1/15/32 | 2000000 | 1757249 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of America NA, SOFR + 1.020%, 5.268%, 8/18/26 ‡ | 2500000 | 2514505 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of America NA, 5.526%, 8/18/26 | 5000000 | 5061537 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of New York Mellon Corp. (The), 1.050%, 10/15/26 | 1000000 | 971567 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of New York Mellon Corp. (The), 2.050%, 1/26/27 | 7000000 | 6829541 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of New York Mellon Corp. (The), 2.450%, 8/17/26 | 2000000 | 1975064 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of New York Mellon Corp. (The), 2.500%, 1/26/32 | 400000 | 359946 |
| &nbsp;&nbsp;&nbsp;&nbsp;BlackRock Funding, Inc., 5.000%, 3/14/34 | 4000000 | 4124670 |
| &nbsp;&nbsp;&nbsp;&nbsp;Blackrock, Inc., 1.900%, 1/28/31 | 5800000 | 5173789 |
| &nbsp;&nbsp;&nbsp;&nbsp;Camden Property Trust, 4.900%, 1/15/34 | 1500000 | 1523287 |
| &nbsp;&nbsp;&nbsp;&nbsp;Charles Schwab Corp. (The), 2.900%, 3/03/32 | 1000000 | 912465 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citibank NA, SOFR + 1.060%, 5.263%, 12/04/26 ‡ | 2000000 | 2015830 |
| &nbsp;&nbsp;&nbsp;&nbsp;CNA Financial Corp., 5.125%, 2/15/34 | 3000000 | 3030509 |
| &nbsp;&nbsp;&nbsp;&nbsp;EPR Properties, 3.600%, 11/15/31 | 2700000 | 2494133 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jefferies Financial Group, Inc., 6.200%, 4/14/34 | 2000000 | 2125144 |
| &nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase Bank NA, SOFR + 1.000%, 5.198%, 12/08/26 ‡ | 13000000 | 13101084 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lincoln National Corp., 5.852%, 3/15/34 | 2800000 | 2932386 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mastercard, Inc., 2.000%, 11/18/31 | 771000 | 681357 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mastercard, Inc., 4.350%, 1/15/32 | 7600000 | 7637104 |

---

---

| | | |
|:---|:---|:---|
|  | **FACE <br> AMOUNT** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Mid-America Apartments LP, 5.000%, 3/15/34 | $2400000 | $2436016 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley Bank NA, SOFR + 1.165%, 5.455%, 10/30/26 ‡ | 4000000 | 4039162 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Securities Clearing Corp., 0.750%, 12/07/25 ± | 614000 | 609867 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Securities Clearing Corp., 4.350%, 5/20/27 ± | 3000000 | 3023136 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Securities Clearing Corp., SOFR + 0.570%, 4.809%, 5/20/27 ‡± | 1000000 | 1004063 |
| &nbsp;&nbsp;&nbsp;&nbsp;Public Storage Operating Co., SOFR + 0.700%, 5.018%, 4/16/27 ‡ | 2000000 | 2006746 |
| &nbsp;&nbsp;&nbsp;&nbsp;Realty Income Corp., 2.850%, 12/15/32 | 600000 | 535798 |
| &nbsp;&nbsp;&nbsp;&nbsp;Realty Income Corp., 5.125%, 2/15/34 | 1000000 | 1025958 |
| &nbsp;&nbsp;&nbsp;&nbsp;Simon Property Group LP, 5.500%, 3/08/33 | 1000000 | 1057304 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Bank & Trust Co., 4.594%, 11/25/26 | 2000000 | 2016682 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Bank & Trust Co., SOFR + 0.460%, 4.692%, 11/25/26 ‡ | 450000 | 450702 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Corp., SOFR + 0.640%, 4.946%, 10/22/27 ‡ | 5120000 | 5136288 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Corp., 4.993%, 3/18/27 | 1000000 | 1016032 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Corp., SOFR + 0.845%, 5.118%, 8/03/26 ‡ | 4000000 | 4016574 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo Bank NA, 5.254%, 12/11/26 | 4500000 | 4566529 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo Bank NA, SOFR + 1.060%, 5.330%, 8/07/26 ‡ | 2924000 | 2940826 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo Bank NA, 5.450%, 8/07/26 | 5000000 | 5056885 |
|  |  | 112297449 |
| ***Industrial — 1.5%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Amphenol Corp., 5.250%, 4/05/34 | 600000 | 626252 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avnet, Inc., 5.500%, 6/01/32 | 3000000 | 3058619 |
| &nbsp;&nbsp;&nbsp;&nbsp;Caterpillar Financial Services Corp., SOFR + 0.520%, 4.731%, 3/03/28 ‡ | 3105000 | 3112063 |
|  |  | 6796934 |
| ***Technology — 3.8%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accenture Capital, Inc., 4.500%, 10/04/34 | 5000000 | 4934943 |
| &nbsp;&nbsp;&nbsp;&nbsp;IBM International Capital Pte. Ltd., 4.900%, 2/05/34 | 3000000 | 3041380 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intel Corp., 5.150%, 2/21/34 | 2000000 | 2028512 |
| &nbsp;&nbsp;&nbsp;&nbsp;Texas Instruments, Inc., 1.900%, 9/15/31 | 8401000 | 7422149 |
|  |  | 17426984 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA U.S. Fixed Income Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **FACE<br> AMOUNT** | **FACE<br> AMOUNT** | **VALUE†** | **VALUE†** |
| **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** | **CORPORATE BONDS AND NOTES (Continued)** |
| ***Utilities — 2.2%*** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Georgia Power Co., 5.250%, 3/15/34 | $| 2600000 | $| 2683219 |
| &nbsp;&nbsp;&nbsp;&nbsp;NextEra Energy Capital Holdings, Inc., 5.250%, 3/15/34 |  | 3000000 |  | 3082314 |
| &nbsp;&nbsp;&nbsp;&nbsp;NextEra Energy Capital Holdings, Inc., 5.300%, 3/15/32 |  | 1000000 |  | 1039401 |
| &nbsp;&nbsp;&nbsp;&nbsp;Virginia Electric & Power Co., 5.000%, 1/15/34 |  | 3000000 |  | 3037838 |
|  |  |  |  | 9842772 |
| &nbsp;&nbsp;&nbsp;&nbsp;TOTAL CORPORATE BONDS AND NOTES<br> (Identified Cost $231,138,106) |  |  |  | 235558740 |
| **U.S. GOVERNMENT & AGENCY OBLIGATIONS — 33.4%** | **U.S. GOVERNMENT & AGENCY OBLIGATIONS — 33.4%** | **U.S. GOVERNMENT & AGENCY OBLIGATIONS — 33.4%** | **U.S. GOVERNMENT & AGENCY OBLIGATIONS — 33.4%** | **U.S. GOVERNMENT & AGENCY OBLIGATIONS — 33.4%** |
| ***Sovereign — 0.5%*** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corp., SOFR + 0.220%, 4.350%, 5/23/28 ‡ |  | 2339000 |  | 2346278 |
| ***U.S. Treasury Securities — 32.9%*** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Floating Rate Notes, 3 mo. Treasury Money Market Yield + 0.098%, 3.997%, 1/31/27 ‡ |  | 19000000 |  | 18980288 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Floating Rate Notes, 3 mo. Treasury Money Market Yield + 0.160%, 4.059%, 4/30/27 ‡ |  | 25000000 |  | 24991172 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Floating Rate Notes, 3 mo. Treasury Money Market Yield + 0.170%, 4.069%, 10/31/25 ‡ |  | 12000000 |  | 11997969 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Floating Rate Notes, 3 mo. Treasury Money Market Yield + 0.245%, 4.144%, 1/31/26 ‡ |  | 4250000 |  | 4250073 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Inflation-Indexed Notes, 0.125%, 7/15/26 |  | 16441208 |  | 16385631 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Inflation-Indexed Notes, 0.125%, 10/15/26 |  | 23643000 |  | 23515287 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Inflation-Indexed Notes, 0.125%, 4/15/27 |  | 24026100 |  | 23696084 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Inflation-Indexed Notes, 0.250%, 7/15/29 |  | 6314300 |  | 6127731 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Inflation-Indexed Notes, 0.375%, 7/15/27 |  | 19147975 |  | 19022344 |
|  |  |  |  | 148966579 |
| &nbsp;&nbsp;&nbsp;&nbsp;TOTAL U.S. GOVERNMENT & AGENCY OBLIGATIONS<br> (Identified Cost $151,052,776) |  |  |  | 151312857 |
|  | **SHARES** | **SHARES** |  |  |
| **SHORT-TERM INVESTMENTS — 0.3%** | **SHORT-TERM INVESTMENTS — 0.3%** | **SHORT-TERM INVESTMENTS — 0.3%** |  |  |
| ***Investment Company — 0.3%*** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Institutional U.S. Government Money Market Fund 3.840% |  | 1511081 |  | 1511081 |
| &nbsp;&nbsp;&nbsp;&nbsp;TOTAL SHORT-TERM INVESTMENTS |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Identified Cost $1,511,081) |  |  |  | 1511081 |

---

---

| | |
|:---|:---|
|  | **VALUE†** |
| **Total Investments — 99.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**(Identified Cost $445,810,156)** | $**450810556** |
| &nbsp;&nbsp;&nbsp;&nbsp;Cash and Other Assets, Less Liabilities — 0.6% | 2526492 |
| **Net Assets — 100.0%** | $**453337048** |

---

---

| |
|:---|
| See Note 1 |
| 144A Securities. Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. These securities have been deemed by the Fund to be liquid and at September 30, 2025 amounted to $52,311,180 or 11.54% of the net assets of the Fund. |
| Floating rate or variable rate note. Rate shown is as of September 30, 2025. |

---

Key to abbreviations:

SOFR — Secured Overnight Financing Rate

*The accompanying notes are an integral part of these portfolio of investments.*

**SA Global Fixed Income Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited)

---

| | | | |
|:---|:---|:---|:---|
|  | **FACE <br> AMOUNT** | **FACE <br> AMOUNT** | **VALUE†** |
| **BONDS AND NOTES — 98.7%** |  |  |  |
| ***Australia — 7.4%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Australia & New Zealand Banking Group Ltd., (3-mo. Swap + 0.830%), 4.406%, 3/31/26 ‡ | AUD | 1500000 | $995319 |
| &nbsp;&nbsp;&nbsp;&nbsp;Australia & New Zealand Banking Group Ltd., (3-mo. Swap + 0.920%), 4.582%, 11/04/25 ‡ | AUD | 2500000 | 1655206 |
| &nbsp;&nbsp;&nbsp;&nbsp;Australia & New Zealand Banking Group Ltd., (SOFR + 0.620%), 4.805%, 6/18/28 ‡± | USD | 2000000 | 2008593 |
| &nbsp;&nbsp;&nbsp;&nbsp;Australia & New Zealand Banking Group Ltd., (SOFR + 0.650%), 4.831%, 9/30/27 ‡± | USD | 713000 | 717088 |
| &nbsp;&nbsp;&nbsp;&nbsp;Australia & New Zealand Banking Group Ltd., (3-mo. Swap + 1.200%), 4.862%, 11/04/27 ‡ | AUD | 500000 | 335720 |
| &nbsp;&nbsp;&nbsp;&nbsp;Australia & New Zealand Banking Group Ltd., (SOFR + 0.810%), 5.129%, 1/18/27 ‡± | USD | 1900000 | 1912519 |
| &nbsp;&nbsp;&nbsp;&nbsp;Commonwealth Bank of Australia, (SOFR + 0.460%), 4.701%, 11/27/26 ‡± | USD | 2750000 | 2756047 |
| &nbsp;&nbsp;&nbsp;&nbsp;Commonwealth Bank of Australia, (SOFR + 0.640%), 4.840%, 3/14/28 ‡± | USD | 3360000 | 3377832 |
| &nbsp;&nbsp;&nbsp;&nbsp;Commonwealth Bank of Australia, (3-mo. Swap + 1.150%), 4.867%, 1/13/28 ‡ | AUD | 1500000 | 1006356 |
| &nbsp;&nbsp;&nbsp;&nbsp;Macquarie Bank Ltd., (SOFR + 0.740%), 4.943%, 6/12/28 ‡± | USD | 1300000 | 1307025 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Australia Bank Ltd., (3-mo. Swap + 0.780%), 4.414%, 5/12/26 ‡ | AUD | 1500000 | 995726 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Australia Bank Ltd., (3-mo. Swap + 1.200%), 4.755%, 11/25/27 ‡ | AUD | 500000 | 335680 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Australia Bank Ltd., (SOFR + 0.620%), 4.825%, 6/11/27 ‡± | USD | 5969000 | 5997158 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Australia Bank Ltd., (SOFR + 0.650%), 4.850%, 6/13/28 ‡± | USD | 2200000 | 2213564 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Australia Bank Ltd., (SOFR + 0.790%), 5.121%, 1/14/30 ‡± | USD | 3000000 | 3034393 |
| &nbsp;&nbsp;&nbsp;&nbsp;New South Wales Treasury Corp., 1.750%, 3/20/34 | AUD | 4000000 | 2101691 |
| &nbsp;&nbsp;&nbsp;&nbsp;Queensland Treasury Corp., 1.750%, 7/20/34 | AUD | 4500000 | 2326706 |
| &nbsp;&nbsp;&nbsp;&nbsp;Treasury Corp. of Victoria, 2.250%, 9/15/33 | AUD | 6000000 | 3335524 |
| &nbsp;&nbsp;&nbsp;&nbsp;Westpac Banking Corp., (3-mo. Swap + 0.750%), 4.340%, 2/16/26 ‡ | AUD | 1000000 | 662884 |
| &nbsp;&nbsp;&nbsp;&nbsp;Westpac Banking Corp., (3-mo. Swap + 0.980%), 4.570%, 2/16/28 ‡ | AUD | 500000 | 334331 |
| &nbsp;&nbsp;&nbsp;&nbsp;Westpac Banking Corp., (SOFR + 0.820%), 5.002%, 7/01/30 ‡ | USD | 300000 | 303079 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | **FACE<br> AMOUNT** | **FACE<br> AMOUNT** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Westpac Banking Corp., (SOFR + 0.810%), 5.133%, 4/16/29 ‡ | USD | 2790000 | $2816705 |
|  |  |  | 40529146 |
| ***Belgium — 2.2%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Kingdom of Belgium Government Bonds, 2.850%, 10/22/34 | EUR | 2800000 | 3205322 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ministeries Van de Vlaamse Gemeenschap, 3.125%, 6/22/34 | EUR | 7300000 | 8465911 |
|  |  |  | 11671233 |
| ***Canada — 17.9%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;CPPIB Capital, Inc., 4.300%, 6/02/34 | CAD | 10000000 | 7585629 |
| &nbsp;&nbsp;&nbsp;&nbsp;CPPIB Capital, Inc., (SOFR + 1.250%), 5.448%, 3/11/26 ‡± | USD | 250000 | 251243 |
| &nbsp;&nbsp;&nbsp;&nbsp;OMERS Finance Trust, 3.250%, 1/28/35 | EUR | 2000000 | 2336890 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ontario Teachers' Finance Trust, 1.850%, 5/03/32 ± | EUR | 2619000 | 2870147 |
| &nbsp;&nbsp;&nbsp;&nbsp;Province of Alberta Canada, 3.125%, 10/16/34 | EUR | 2500000 | 2921897 |
| &nbsp;&nbsp;&nbsp;&nbsp;Province of Alberta Canada, 4.150%, 6/01/33 | CAD | 12800000 | 9691404 |
| &nbsp;&nbsp;&nbsp;&nbsp;Province of British Columbia Canada, 4.150%, 6/18/34 | CAD | 18300000 | 13737913 |
| &nbsp;&nbsp;&nbsp;&nbsp;Province of Manitoba Canada, 3.800%, 6/02/33 | CAD | 9000000 | 6637773 |
| &nbsp;&nbsp;&nbsp;&nbsp;Province of Manitoba Canada, 4.250%, 6/02/34 | CAD | 11000000 | 8297029 |
| &nbsp;&nbsp;&nbsp;&nbsp;Province of Manitoba Canada, 4.850%, 8/28/34 | AUD | 2000000 | 1308988 |
| &nbsp;&nbsp;&nbsp;&nbsp;Province of Ontario Canada, 3.650%, 6/02/33 | CAD | 14000000 | 10251698 |
| &nbsp;&nbsp;&nbsp;&nbsp;Province of Ontario Canada, 4.150%, 6/02/34 | CAD | 6600000 | 4960452 |
| &nbsp;&nbsp;&nbsp;&nbsp;Province of Ontario Canada, 5.350%, 5/08/34 | AUD | 2000000 | 1357067 |
| &nbsp;&nbsp;&nbsp;&nbsp;Province of Quebec Canada, 3.600%, 9/01/33 | CAD | 5000000 | 3639524 |
| &nbsp;&nbsp;&nbsp;&nbsp;Province of Quebec Canada, 4.450%, 9/01/34 | CAD | 10000000 | 7661033 |
| &nbsp;&nbsp;&nbsp;&nbsp;Province of Saskatchewan Canada, 3.300%, 5/08/34 | EUR | 6600000 | 7812473 |
| &nbsp;&nbsp;&nbsp;&nbsp;PSP Capital, Inc., 3.250%, 7/02/34 | EUR | 5000000 | 5892958 |
|  |  |  | 97214118 |
| ***Denmark — 2.0%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Novo Nordisk Finance Netherlands BV, 3.375%, 5/21/34 | EUR | 9400000 | 11121030 |
| ***Finland — 2.3%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Kuntarahoitus OYJ, (SOFR + 1.000%), 5.290%, 2/02/29 ‡ | USD | 7500000 | 7634840 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nordea Bank Abp, (SOFR + 0.740%), 4.896%, 3/19/27 ‡± | USD | 5000000 | 5025561 |
|  |  |  | 12660401 |
| ***France — 8.8%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Agence Francaise de Developpement EPIC, 3.000%, 1/17/34 | EUR | 5000000 | 5690731 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA Global Fixed Income Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

---

| | | | |
|:---|:---|:---|:---|
|  | **FACE<br> AMOUNT** | **FACE<br> AMOUNT** | **VALUE†** |
| **BONDS AND NOTES (Continued)** | **BONDS AND NOTES (Continued)** |  |  |
| ***France (Continued)*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Agence France Locale, 3.125%, 3/20/34 @ | EUR | 13500000 | $15489463 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bpifrance SACA, 3.375%, 5/25/34 | EUR | 7000000 | 8156164 |
| &nbsp;&nbsp;&nbsp;&nbsp;Caisse des Depots et Consignations, (SOFR + 0.340%), 4.632%, 5/03/26 ‡ | USD | 4800000 | 4796777 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gestion Securite de Stocks Securite SA, 3.000%, 11/25/31 | EUR | 1000000 | 1165963 |
| &nbsp;&nbsp;&nbsp;&nbsp;LVMH Moet Hennessy Louis Vuitton SE, 2.625%, 3/07/29 | EUR | 3000000 | 3525048 |
| &nbsp;&nbsp;&nbsp;&nbsp;LVMH Moet Hennessy Louis Vuitton SE, 3.000%, 3/07/32 | EUR | 2000000 | 2350715 |
| &nbsp;&nbsp;&nbsp;&nbsp;Regie Autonome des Transports Parisiens EPIC, 3.250%, 4/11/33 | EUR | 1000000 | 1161310 |
| &nbsp;&nbsp;&nbsp;&nbsp;Societe Des Grands Projets EPIC, 1.125%, 5/25/34 | EUR | 2000000 | 1949844 |
| &nbsp;&nbsp;&nbsp;&nbsp;Societe Nationale SNCF SACA, 3.375%, 5/25/33 | EUR | 3000000 | 3533549 |
|  |  |  | 47819564 |
| ***Germany — 0.3%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Deutsche Boerse AG, 3.875%, 9/28/33 | EUR | 1300000 | 1596017 |
| ***Netherlands — 3.4%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;BNG Bank NV, 2.750%, 8/28/34 | EUR | 5000000 | 5764925 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cooperatieve Rabobank UA, (3-mo. Swap + 0.880%), 4.439%, 5/22/26 ‡ | AUD | 700000 | 464779 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cooperatieve Rabobank UA, (SOFR + 0.710%), 4.910%, 3/05/27 ‡ | USD | 500000 | 502382 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cooperatieve Rabobank UA, (SOFR + 0.900%), 5.245%, 10/05/26 ‡ | USD | 1110000 | 1116600 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enexis Holding NV, 0.625%, 6/17/32 | EUR | 2250000 | 2245830 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enexis Holding NV, 0.750%, 7/02/31 | EUR | 4000000 | 4142007 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enexis Holding NV, 3.625%, 6/12/34 | EUR | 2000000 | 2402512 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shell International Finance BV, 1.875%, 4/07/32 | EUR | 1800000 | 1961791 |
|  |  |  | 18600826 |
| ***New Zealand — 3.4%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;New Zealand Government Bonds, 2.000%, 5/15/32 | NZD | 30000000 | 15589319 |
| &nbsp;&nbsp;&nbsp;&nbsp;New Zealand Local Government Funding Agency Bonds, 5.000%, 3/08/34 | AUD | 4500000 | 3007665 |
|  |  |  | 18596984 |
| ***Norway — 2.8%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Kommunalbanken AS, (SOFR + 1.000%), 5.179%, 6/17/26 ‡ | USD | 15300000 | 15380731 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | **FACE<br> AMOUNT** | **FACE<br> AMOUNT** | **VALUE†** |
| ***Singapore — 2.2%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;DBS Group Holdings Ltd., (SOFR + 0.600%), 4.789%, 3/21/28 ‡± | USD | 3400000 | $3412526 |
| &nbsp;&nbsp;&nbsp;&nbsp;DBS Group Holdings Ltd., (SOFR + 0.600%), 4.789%, 3/21/28 ‡ | USD | 1200000 | 1204421 |
| &nbsp;&nbsp;&nbsp;&nbsp;DBS Group Holdings Ltd., (SOFR + 0.650%), 4.839%, 3/21/30 ‡ | USD | 5100000 | 5115375 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Overseas Bank Ltd., (3-mo. Swap + 0.590%), 4.291%, 10/27/25 ‡ | AUD | 3500000 | 2316715 |
|  |  |  | 12049037 |
| ***Supranational — 14.6%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Asian Development Bank, (SOFR + 0.300%), 4.463%, 6/20/28 ‡ | USD | 2000000 | 2000152 |
| &nbsp;&nbsp;&nbsp;&nbsp;Asian Development Bank, 4.800%, 1/17/33 | AUD | 5000000 | 3354488 |
| &nbsp;&nbsp;&nbsp;&nbsp;Asian Development Bank, (SOFR + 1.000%), 5.234%, 8/27/26 ‡ | USD | 2896000 | 2918155 |
| &nbsp;&nbsp;&nbsp;&nbsp;Asian Development Bank, (SOFR + 1.000%), 5.357%, 4/06/27 ‡ | USD | 200000 | 202268 |
| &nbsp;&nbsp;&nbsp;&nbsp;Asian Infrastructure Investment Bank (The), (SOFR + 0.620%), 4.879%, 8/16/27 ‡ | USD | 5000000 | 5033213 |
| &nbsp;&nbsp;&nbsp;&nbsp;European Bank for Reconstruction & Development, (SOFR + 0.190%), 4.518%, 4/14/26 ‡ | USD | 3126000 | 3125448 |
| &nbsp;&nbsp;&nbsp;&nbsp;European Bank for Reconstruction & Development, (SOFR + 0.330%), 4.581%, 2/20/28 ‡ | USD | 10000000 | 10012356 |
| &nbsp;&nbsp;&nbsp;&nbsp;European Investment Bank, (SOFR + 0.320%), 4.586%, 8/14/29 ‡ | USD | 2000000 | 2002171 |
| &nbsp;&nbsp;&nbsp;&nbsp;European Investment Bank, (SOFR + 1.000%), 5.236%, 5/21/28 ‡ | USD | 3800000 | 3865824 |
| &nbsp;&nbsp;&nbsp;&nbsp;European Union, 3.000%, 12/04/34 | EUR | 5000000 | 5853817 |
| &nbsp;&nbsp;&nbsp;&nbsp;Inter-American Development Bank, (SOFR + 0.270%), 4.433%, 3/20/28 ‡ | USD | 2000000 | 1999352 |
| &nbsp;&nbsp;&nbsp;&nbsp;Inter-American Development Bank, (SOFR + 0.280%), 4.615%, 4/12/27 ‡ | USD | 1000000 | 1001036 |
| &nbsp;&nbsp;&nbsp;&nbsp;Inter-American Development Bank, (SOFR + 0.370%), 4.664%, 8/01/29 ‡ | USD | 4000000 | 4002034 |
| &nbsp;&nbsp;&nbsp;&nbsp;Inter-American Development Bank, (SOFR + 0.350%), 4.707%, 10/04/27 ‡ | USD | 5483000 | 5493563 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA Global Fixed Income Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

---

| | | | |
|:---|:---|:---|:---|
|  | **FACE<br> AMOUNT** | **FACE<br> AMOUNT** | **VALUE†** |
| **BONDS AND NOTES (Continued)** | **BONDS AND NOTES (Continued)** |  |  |
| ***Supranational (Continued)*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Inter-American Development Bank, (SOFR + 0.350%), 4.707%, 10/05/28 ‡ | USD | 3020000 | $3023417 |
| &nbsp;&nbsp;&nbsp;&nbsp;International Bank for Reconstruction & Development, 4.200%, 4/21/33 | AUD | 2000000 | 1285987 |
| &nbsp;&nbsp;&nbsp;&nbsp;International Bank for Reconstruction & Development, (SOFR + 0.180%), 4.365%, 6/15/26 ‡ | USD | 1500000 | 1500735 |
| &nbsp;&nbsp;&nbsp;&nbsp;International Bank for Reconstruction & Development, (SOFR + 0.270%), 4.455%, 6/15/27 @‡ | USD | 8500000 | 8507178 |
| &nbsp;&nbsp;&nbsp;&nbsp;International Bank for Reconstruction & Development, (SOFR + 0.430%), 4.683%, 8/19/27 ‡ | USD | 3650000 | 3662712 |
| &nbsp;&nbsp;&nbsp;&nbsp;International Bank for Reconstruction & Development, (SOFR + 0.370%), 4.705%, 1/12/27 ‡ | USD | 1000000 | 1001591 |
| &nbsp;&nbsp;&nbsp;&nbsp;International Finance Corp., 3.635%, 8/26/33 | AUD | 500000 | 308220 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nordic Investment Bank, (SOFR + 0.290%), 4.647%, 10/04/27 ‡± | USD | 8325000 | 8330279 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nordic Investment Bank, (SOFR + 1.000%), 5.271%, 5/12/26 ‡ | USD | 1050000 | 1055276 |
|  |  |  | 79539272 |
| ***Sweden — 1.2%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Svensk Exportkredit AB, (SOFR + 1.000%), 5.286%, 5/05/27 ‡ | USD | 3000000 | 3030996 |
| &nbsp;&nbsp;&nbsp;&nbsp;Svensk Exportkredit AB, (SOFR + 1.000%), 5.290%, 8/03/26 ‡ | USD | 1835000 | 1846998 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swedbank AB, (SOFR + 1.030%), 5.269%, 11/20/29 ‡± | USD | 1700000 | 1723066 |
|  |  |  | 6601060 |
| ***United States — 30.2%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Berkshire Hathaway Finance Corp., 2.000%, 3/18/34 | EUR | 10000000 | 10723794 |
| &nbsp;&nbsp;&nbsp;&nbsp;Blackrock, Inc., 4.750%, 5/25/33 | USD | 5000000 | 5112015 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chevron USA, Inc., (SOFR + 0.470%), 4.699%, 2/26/28 ‡ | USD | 2000000 | 2003047 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eli Lilly & Co., (SOFR + 0.530%), 4.749%, 10/15/28 ‡ | USD | 6200000 | 6212056 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exxon Mobil Corp., 0.835%, 6/26/32 | EUR | 6900000 | 6984850 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Farm Credit Banks Funding Corp., (SOFR + 0.120%), 4.250%, 7/10/26 ‡ | USD | 2000000 | 2001416 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Farm Credit Banks Funding Corp., (SOFR + 0.130%), 4.260%, 8/12/26 ‡ | USD | 780000 | 780538 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Home Loan Mortgage Corp., (SOFR + 0.220%), 4.350%, 5/23/28 ‡ | USD | 1000000 | 1003111 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley Bank NA, (SOFR + 1.165%), 5.455%, 10/30/26 ‡ | USD | 5250000 | 5301401 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | **FACE<br> AMOUNT** | **FACE<br> AMOUNT** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;National Securities Clearing Corp., (SOFR + 0.570%), 4.809%, 5/20/27 ‡± | USD | 1500000 | $1506095 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nestle Finance International Ltd., 2.875%, 1/14/32 | EUR | 102000 | 119783 |
| &nbsp;&nbsp;&nbsp;&nbsp;Procter & Gamble Co. (The), 3.200%, 4/29/34 | EUR | 4500000 | 5339561 |
| &nbsp;&nbsp;&nbsp;&nbsp;Roche Holdings, Inc., (SOFR + 0.740%), 4.995%, 11/13/26 ‡± | USD | 1050000 | 1055386 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sanofi SA, 2.750%, 3/11/31 | EUR | 5200000 | 6065531 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Corp., (SOFR + 0.640%), 4.946%, 10/22/27 ‡ | USD | 3560000 | 3571325 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Inflation-Indexed Notes, 0.125%, 10/15/26 | USD | 23051925 | 22927404 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Inflation-Indexed Notes, 0.125%, 1/15/30 | USD | 12555500 | 11992955 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Inflation-Indexed Notes, 0.125%, 7/15/30 | USD | 17638880 | 16778767 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Inflation-Indexed Notes, 0.125%, 1/15/31 | USD | 13650120 | 12824299 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Inflation-Indexed Notes, 0.250%, 7/15/29 | USD | 16417180 | 15932100 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Treasury Inflation-Indexed Notes, 0.375%, 7/15/27 | USD | 25750725 | 25581773 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo Bank NA, (SOFR + 1.070%), 5.252%, 12/11/26 ‡ | USD | 385000 | 388150 |
|  |  |  | 164205357 |
| &nbsp;&nbsp;&nbsp;&nbsp;TOTAL BONDS AND NOTES <br> (Identified Cost $525,570,881) |  |  | 537584776 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** |  |
| **SHORT-TERM INVESTMENTS — 3.5%** | **SHORT-TERM INVESTMENTS — 3.5%** |  |
| ***Investment Company — 0.4%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Institutional U.S. Government Money Market Fund 3.840% | 2126487 | 2126487 |
| ***Collateral For Securities On Loan — 3.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Navigator Securities Lending Government Money Market Portfolio 4.180% | 16784490 | 16784490 |
| &nbsp;&nbsp;&nbsp;&nbsp;TOTAL SHORT-TERM INVESTMENTS <br> (Identified Cost $18,910,977) |  | 18910977 |
| **Total Investments — 102.2%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**(Identified Cost $544,481,858)** |  | **556495753** |
| &nbsp;&nbsp;&nbsp;&nbsp;Liabilities in excess of Cash and Other Assets — (2.2%) |  | (11778897) |
| **Net Assets — 100.0%** |  | $**544716856** |

---

---

| |
|:---|
| See Note 1 |
| Floating rate or variable rate note. Rate shown is as of September 30, 2025. |
| 144A Securities. Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. These securities have been deemed by the Fund to be liquid and at September 30, 2025 amounted to $47,498,519 or 8.72% of the net assets of the Fund. |
| A portion or all of the security were held on loan. As of September 30, 2025, the market value of the securities on loan was $16,263,044. |

---

Key to abbreviations:

AUD — Australian Dollar

CAD — Canadian Dollar

EUR — Euro Currency

NZD — New Zealand Dollar

SOFR — Secured Overnight Financing Rate

USD — U.S. Dollar

*The accompanying notes are an integral part of these portfolio of investments.*

**SA Global Fixed Income Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

**Forward Foreign Currency Exchange Contracts sold outstanding as of September 30, 2025**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Settlement<br> Date** | **Currency<br> Purchased** | **Currency<br> Purchased** | **Currency<br> Sold** | **Currency<br> Sold** | **Counterparty** | **Total <br> Value** | **Unrealized<br> Appreciation** | **Unrealized<br> Depreciation** |
| 10/06/25 | USD | 356748 | NZD | 605819 | State Street Bank & Trust Co. | $351272 | $5475 | $— |
| 10/10/25 | USD | 14632380 | EUR | 12485174 | State Street Bank & Trust Co. | 14665419 |  | (33039) |
| 10/14/25 | USD | 23613038 | AUD | 35889731 | State Street Bank & Trust Co. | 23752460 |  | (139422) |
| 10/23/25 | USD | 8120530 | NZD | 13400232 | State Street Bank & Trust Co. | 7774998 | 345533 |  |
| 10/24/25 | USD | 19069694 | AUD | 28788754 | State Street Bank & Trust Co. | 19055602 | 14091 |  |
| 10/24/25 | USD | 7346465 | NZD | 12629145 | State Street Bank & Trust Co. | 7327895 | 18570 |  |
| 10/27/25 | USD | 13277788 | CAD | 18331470 | State Street Bank & Trust Co. | 13188444 | 89344 |  |
| 10/27/25 | USD | 20129724 | EUR | 17101038 | State Street Bank & Trust Co. | 20108028 | 21696 |  |
| 10/28/25 | USD | 60089569 | CAD | 82976172 | State Street Bank & Trust Co. | 59699472 | 390097 |  |
| 10/30/25 | USD | 57562729 | EUR | 49250753 | State Street Bank & Trust Co. | 57921373 |  | (358644) |
| 11/21/25 | USD | 50427895 | EUR | 42511064 | State Street Bank & Trust Co. | 50056725 | 371170 |  |
| 12/18/25 | USD | 207422 | NZD | 352869 | State Street Bank & Trust Co. | 205181 | 2242 |  |
|  |  |  |  |  |  |  | $**1258218** | $**(531105)** |

---

**Forward Foreign Currency Exchange Contracts purchased outstanding as of September 30, 2025**

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Settlement<br> Date** | **Currency<br> Purchased** | **Currency<br> Purchased** | **Currency<br> Sold** | **Currency<br> Sold** | **Counterparty** | **Total <br> Value** | **Unrealized<br> Appreciation** | **Unrealized<br> Depreciation** |
| 10/14/25 | AUD | 22955680 | USD | 14967770 | State Street Bank & Trust Co. | $15192476 | $224706 | $— |
|  |  |  |  |  |  |  | $**224706** | $**—** |
| **Total** |  |  |  |  |  |  | $**1482924** | $**(531105)** |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA U.S. Core Market Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS — 95.5%** |  |  |
| ***Aerospace & Defense — 1.7%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;ATI, Inc. \* | 1233 | $100292 |
| &nbsp;&nbsp;&nbsp;&nbsp;Axon Enterprise, Inc. \* | 500 | 358820 |
| &nbsp;&nbsp;&nbsp;&nbsp;Boeing Co. (The) \* | 8201 | 1770022 |
| &nbsp;&nbsp;&nbsp;&nbsp;BWX Technologies, Inc. | 1200 | 221244 |
| &nbsp;&nbsp;&nbsp;&nbsp;Curtiss-Wright Corp. | 374 | 203060 |
| &nbsp;&nbsp;&nbsp;&nbsp;General Dynamics Corp. | 2229 | 760089 |
| &nbsp;&nbsp;&nbsp;&nbsp;General Electric Co. | 2729 | 820938 |
| &nbsp;&nbsp;&nbsp;&nbsp;HEICO Corp. | 574 | 185299 |
| &nbsp;&nbsp;&nbsp;&nbsp;HEICO Corp., Class A | 576 | 146356 |
| &nbsp;&nbsp;&nbsp;&nbsp;Howmet Aerospace, Inc. | 1946 | 381864 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huntington Ingalls Industries, Inc. | 544 | 156623 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kratos Defense & Security Solutions, Inc. \* | 768 | 70172 |
| &nbsp;&nbsp;&nbsp;&nbsp;L3Harris Technologies, Inc. | 1219 | 372295 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lockheed Martin Corp. | 4102 | 2047759 |
| &nbsp;&nbsp;&nbsp;&nbsp;Moog, Inc., Class A | 182 | 37796 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northrop Grumman Corp. | 1328 | 809177 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rocket Lab Corp. \*@ | 962 | 46089 |
| &nbsp;&nbsp;&nbsp;&nbsp;RTX Corp. | 12932 | 2163911 |
| &nbsp;&nbsp;&nbsp;&nbsp;Textron, Inc. | 2582 | 218153 |
| &nbsp;&nbsp;&nbsp;&nbsp;TransDigm Group, Inc. | 731 | 963473 |
| &nbsp;&nbsp;&nbsp;&nbsp;Woodward, Inc. | 586 | 148088 |
|  |  | 11981520 |
| ***Air Freight & Logistics — 0.4%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;CH Robinson Worldwide, Inc. | 2534 | 335502 |
| &nbsp;&nbsp;&nbsp;&nbsp;Expeditors International of Washington, Inc. | 2033 | 249226 |
| &nbsp;&nbsp;&nbsp;&nbsp;FedEx Corp. | 4493 | 1059494 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Parcel Service, Inc., Class B | 14446 | 1206674 |
|  |  | 2850896 |
| ***Automobile Components — 0.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Aptiv PLC \* | 2924 | 252107 |
| &nbsp;&nbsp;&nbsp;&nbsp;Autoliv, Inc. | 1465 | 180927 |
| &nbsp;&nbsp;&nbsp;&nbsp;BorgWarner, Inc. | 3685 | 161993 |
|  |  | 595027 |
| ***Automobiles — 1.3%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Co. | 8430 | 100823 |
| &nbsp;&nbsp;&nbsp;&nbsp;General Motors Co. | 6389 | 389538 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rivian Automotive, Inc., Class A \* | 3399 | 49897 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tesla, Inc. \* | 18853 | 8384306 |
|  |  | 8924564 |
| ***Beverages — 1.2%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Brown-Forman Corp., Class B | 4083 | 110568 |
| &nbsp;&nbsp;&nbsp;&nbsp;Celsius Holdings, Inc. \* | 1188 | 68298 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coca-Cola Co. (The) | 57587 | 3819170 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coca-Cola Consolidated, Inc. | 1320 | 154651 |
| &nbsp;&nbsp;&nbsp;&nbsp;Constellation Brands, Inc., Class A | 1757 | 236615 |
| &nbsp;&nbsp;&nbsp;&nbsp;Keurig Dr Pepper, Inc. | 3375 | 86096 |
| &nbsp;&nbsp;&nbsp;&nbsp;Molson Coors Beverage Co., Class B | 1400 | 63350 |
| &nbsp;&nbsp;&nbsp;&nbsp;Monster Beverage Corp. \* | 7146 | 480997 |
| &nbsp;&nbsp;&nbsp;&nbsp;PepsiCo, Inc. | 26459 | 3715902 |
|  |  | 8735647 |
| ***Biotechnology — 2.4%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AbbVie, Inc. | 34482 | 7983962 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alnylam Pharmaceuticals, Inc. \* | 1198 | 546288 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amgen, Inc. | 11547 | 3258564 |
| &nbsp;&nbsp;&nbsp;&nbsp;Biogen, Inc. \* | 1615 | 226229 |
| &nbsp;&nbsp;&nbsp;&nbsp;BioMarin Pharmaceutical, Inc. \* | 1169 | 63313 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exact Sciences Corp. \* | 1421 | 77743 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exelixis, Inc. \* | 3578 | 147771 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gilead Sciences, Inc. | 20025 | 2222775 |
| &nbsp;&nbsp;&nbsp;&nbsp;GRAIL, Inc. \* | 262 | 15492 |
| &nbsp;&nbsp;&nbsp;&nbsp;Halozyme Therapeutics, Inc. \* | 3014 | 221047 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Incyte Corp. \* | 894 | $75820 |
| &nbsp;&nbsp;&nbsp;&nbsp;Insmed, Inc. \* | 516 | 74309 |
| &nbsp;&nbsp;&nbsp;&nbsp;Natera, Inc. \* | 327 | 52637 |
| &nbsp;&nbsp;&nbsp;&nbsp;Neurocrine Biosciences, Inc. \* | 608 | 85351 |
| &nbsp;&nbsp;&nbsp;&nbsp;Regeneron Pharmaceuticals, Inc. | 639 | 359291 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Therapeutics Corp. \* | 544 | 228050 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vertex Pharmaceuticals, Inc. \* | 2429 | 951294 |
|  |  | 16589936 |
| ***Broadline Retail — 4.0%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Amazon.com, Inc. \* | 123510 | 27119091 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coupang, Inc. \* | 6806 | 219153 |
| &nbsp;&nbsp;&nbsp;&nbsp;eBay, Inc. | 6141 | 558524 |
| &nbsp;&nbsp;&nbsp;&nbsp;Etsy, Inc. \* | 1250 | 82988 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ollie's Bargain Outlet Holdings, Inc. \* | 691 | 88724 |
|  |  | 28068480 |
| ***Building Products — 0.6%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;A.O. Smith Corp. | 1521 | 111657 |
| &nbsp;&nbsp;&nbsp;&nbsp;AAON, Inc. @ | 521 | 48682 |
| &nbsp;&nbsp;&nbsp;&nbsp;Advanced Drainage Systems, Inc. | 200 | 27740 |
| &nbsp;&nbsp;&nbsp;&nbsp;Allegion PLC | 2478 | 439473 |
| &nbsp;&nbsp;&nbsp;&nbsp;Armstrong World Industries, Inc. | 243 | 47631 |
| &nbsp;&nbsp;&nbsp;&nbsp;Builders FirstSource, Inc. \* | 2521 | 305671 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carlisle Cos., Inc. | 646 | 212508 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carrier Global Corp. | 5139 | 306798 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fortune Brands Innovations, Inc. | 1834 | 97917 |
| &nbsp;&nbsp;&nbsp;&nbsp;Johnson Controls International PLC | 580 | 63771 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lennox International, Inc. | 617 | 326615 |
| &nbsp;&nbsp;&nbsp;&nbsp;Masco Corp. | 4275 | 300917 |
| &nbsp;&nbsp;&nbsp;&nbsp;Owens Corning | 1113 | 157445 |
| &nbsp;&nbsp;&nbsp;&nbsp;Simpson Manufacturing Co., Inc. | 116 | 19426 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trane Technologies PLC | 3115 | 1314406 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trex Co., Inc. \* | 1678 | 86702 |
| &nbsp;&nbsp;&nbsp;&nbsp;UFP Industries, Inc. | 812 | 75914 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zurn Elkay Water Solutions Corp. | 642 | 30193 |
|  |  | 3973466 |
| ***Capital Markets — 2.7%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Affiliated Managers Group, Inc. | 600 | 143058 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ameriprise Financial, Inc. | 1535 | 754069 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ares Management Corp., Class A | 1606 | 256783 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of New York Mellon Corp. (The) | 4707 | 512875 |
| &nbsp;&nbsp;&nbsp;&nbsp;Blackrock, Inc. | 1265 | 1474826 |
| &nbsp;&nbsp;&nbsp;&nbsp;Blackstone, Inc. | 6683 | 1141791 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carlyle Group, Inc. (The) | 1219 | 76431 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cboe Global Markets, Inc. | 1028 | 252117 |
| &nbsp;&nbsp;&nbsp;&nbsp;Charles Schwab Corp. (The) | 14444 | 1378969 |
| &nbsp;&nbsp;&nbsp;&nbsp;CME Group, Inc. | 2477 | 669261 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coinbase Global, Inc., Class A \* | 739 | 249405 |
| &nbsp;&nbsp;&nbsp;&nbsp;Evercore, Inc., Class A | 400 | 134928 |
| &nbsp;&nbsp;&nbsp;&nbsp;FactSet Research Systems, Inc. | 506 | 144964 |
| &nbsp;&nbsp;&nbsp;&nbsp;Franklin Resources, Inc. | 2732 | 63191 |
| &nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Group, Inc. (The) | 2257 | 1797362 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hamilton Lane, Inc., Class A | 723 | 97453 |
| &nbsp;&nbsp;&nbsp;&nbsp;Houlihan Lokey, Inc. | 916 | 188073 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interactive Brokers Group, Inc., Class A | 3848 | 264781 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intercontinental Exchange, Inc. | 3821 | 643762 |
| &nbsp;&nbsp;&nbsp;&nbsp;Invesco Ltd. | 2611 | 59896 |
| &nbsp;&nbsp;&nbsp;&nbsp;Janus Henderson Group PLC | 1850 | 82343 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jefferies Financial Group, Inc. | 1620 | 105980 |
| &nbsp;&nbsp;&nbsp;&nbsp;KKR & Co., Inc. | 5286 | 686916 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lazard, Inc. | 365 | 19265 |
| &nbsp;&nbsp;&nbsp;&nbsp;LPL Financial Holdings, Inc. | 1322 | 439816 |
| &nbsp;&nbsp;&nbsp;&nbsp;MarketAxess Holdings, Inc. | 627 | 109255 |
| &nbsp;&nbsp;&nbsp;&nbsp;Moody's Corp. | 2623 | 1249807 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley | 13418 | 2132925 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA U.S. Core Market Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***Capital Markets (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Morningstar, Inc. | 304 | $70531 |
| &nbsp;&nbsp;&nbsp;&nbsp;MSCI, Inc. | 996 | 565140 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nasdaq, Inc. | 3887 | 343805 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Trust Corp. | 1618 | 217783 |
| &nbsp;&nbsp;&nbsp;&nbsp;PJT Partners, Inc., Class A | 284 | 50475 |
| &nbsp;&nbsp;&nbsp;&nbsp;Raymond James Financial, Inc. | 1873 | 323280 |
| &nbsp;&nbsp;&nbsp;&nbsp;Robinhood Markets, Inc., Class A \* | 1886 | 270037 |
| &nbsp;&nbsp;&nbsp;&nbsp;S&P Global, Inc. | 2043 | 994349 |
| &nbsp;&nbsp;&nbsp;&nbsp;SEI Investments Co. | 1932 | 163930 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Corp. | 1628 | 188864 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stifel Financial Corp. | 1678 | 190403 |
| &nbsp;&nbsp;&nbsp;&nbsp;T Rowe Price Group, Inc. | 3705 | 380281 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tradeweb Markets, Inc., Class A | 325 | 36069 |
|  |  | 18925249 |
| ***Chemicals — 1.0%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Air Products & Chemicals, Inc. | 2422 | 660528 |
| &nbsp;&nbsp;&nbsp;&nbsp;Albemarle Corp. | 956 | 77512 |
| &nbsp;&nbsp;&nbsp;&nbsp;Axalta Coating Systems Ltd. \* | 1604 | 45906 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cabot Corp. | 991 | 75366 |
| &nbsp;&nbsp;&nbsp;&nbsp;Celanese Corp. | 1241 | 52221 |
| &nbsp;&nbsp;&nbsp;&nbsp;CF Industries Holdings, Inc. | 2192 | 196622 |
| &nbsp;&nbsp;&nbsp;&nbsp;Corteva, Inc. | 5428 | 367096 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dow, Inc. | 2782 | 63791 |
| &nbsp;&nbsp;&nbsp;&nbsp;DuPont de Nemours, Inc. | 1434 | 111709 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eastman Chemical Co. | 1476 | 93062 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ecolab, Inc. | 3281 | 898535 |
| &nbsp;&nbsp;&nbsp;&nbsp;Element Solutions, Inc. @ | 1684 | 42386 |
| &nbsp;&nbsp;&nbsp;&nbsp;International Flavors & Fragrances, Inc. | 2270 | 139696 |
| &nbsp;&nbsp;&nbsp;&nbsp;Linde PLC | 4857 | 2307075 |
| &nbsp;&nbsp;&nbsp;&nbsp;LyondellBasell Industries NV, Class A | 3118 | 152907 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mosaic Co. (The) | 3485 | 120860 |
| &nbsp;&nbsp;&nbsp;&nbsp;PPG Industries, Inc. | 3241 | 340661 |
| &nbsp;&nbsp;&nbsp;&nbsp;RPM International, Inc. | 1681 | 198156 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sherwin Williams Co. (The) | 3806 | 1317866 |
|  |  | 7261955 |
| ***Commercial Banks — 2.6%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corp. | 51509 | 2657349 |
| &nbsp;&nbsp;&nbsp;&nbsp;BOK Financial Corp. | 300 | 33432 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cadence Bank | 2969 | 111456 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citigroup, Inc. | 5386 | 546679 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citizens Financial Group, Inc. | 454 | 24135 |
| &nbsp;&nbsp;&nbsp;&nbsp;Comerica, Inc. | 957 | 65574 |
| &nbsp;&nbsp;&nbsp;&nbsp;Commerce Bancshares, Inc. | 2628 | 157049 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cullen/Frost Bankers, Inc. | 699 | 88612 |
| &nbsp;&nbsp;&nbsp;&nbsp;East West Bancorp, Inc. | 1577 | 167872 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fifth Third Bancorp | 6863 | 305747 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Citizens Bancshares, Inc., Class A | 112 | 200386 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Horizon Corp. | 3862 | 87320 |
| &nbsp;&nbsp;&nbsp;&nbsp;FNB Corp. | 5930 | 95532 |
| &nbsp;&nbsp;&nbsp;&nbsp;Home BancShares, Inc. | 1840 | 52072 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huntington Bancshares, Inc. | 7352 | 126969 |
| &nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Co. | 26830 | 8462987 |
| &nbsp;&nbsp;&nbsp;&nbsp;KeyCorp | 4839 | 90441 |
| &nbsp;&nbsp;&nbsp;&nbsp;M&T Bank Corp. | 522 | 103158 |
| &nbsp;&nbsp;&nbsp;&nbsp;Old National Bancorp | 2043 | 44844 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pinnacle Financial Partners, Inc. | 731 | 68560 |
| &nbsp;&nbsp;&nbsp;&nbsp;PNC Financial Services Group, Inc. (The) | 2775 | 557581 |
| &nbsp;&nbsp;&nbsp;&nbsp;Popular, Inc. | 1642 | 208550 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Prosperity Bancshares, Inc. | 1026 | $68075 |
| &nbsp;&nbsp;&nbsp;&nbsp;Regions Financial Corp. | 3661 | 96540 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southstate Bank Corp. | 400 | 39548 |
| &nbsp;&nbsp;&nbsp;&nbsp;Synovus Financial Corp. | 1811 | 88884 |
| &nbsp;&nbsp;&nbsp;&nbsp;Truist Financial Corp. | 3912 | 178857 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Bancorp | 16477 | 796333 |
| &nbsp;&nbsp;&nbsp;&nbsp;UMB Financial Corp. | 355 | 42014 |
| &nbsp;&nbsp;&nbsp;&nbsp;Webster Financial Corp. | 377 | 22409 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo & Co. | 31501 | 2640414 |
| &nbsp;&nbsp;&nbsp;&nbsp;Western Alliance Bancorp | 1740 | 150893 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wintrust Financial Corp. | 600 | 79464 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zions Bancorp NA | 2092 | 118365 |
|  |  | 18578101 |
| ***Commercial Services & Supplies — 0.7%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Casella Waste Systems, Inc., Class A \* | 549 | 52089 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cintas Corp. | 5855 | 1201797 |
| &nbsp;&nbsp;&nbsp;&nbsp;Clean Harbors, Inc. \* | 770 | 178809 |
| &nbsp;&nbsp;&nbsp;&nbsp;Copart, Inc. \* | 8667 | 389755 |
| &nbsp;&nbsp;&nbsp;&nbsp;MSA Safety, Inc. | 600 | 103242 |
| &nbsp;&nbsp;&nbsp;&nbsp;Republic Services, Inc. | 2839 | 651494 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rollins, Inc. | 4629 | 271908 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tetra Tech, Inc. | 3200 | 106816 |
| &nbsp;&nbsp;&nbsp;&nbsp;Veralto Corp. | 2108 | 224734 |
| &nbsp;&nbsp;&nbsp;&nbsp;Waste Management, Inc. | 6499 | 1435174 |
|  |  | 4615818 |
| ***Communications Equipment — 1.0%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Arista Networks, Inc. \* | 10420 | 1518298 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ciena Corp. \* | 2569 | 374226 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cisco Systems, Inc. | 48649 | 3328565 |
| &nbsp;&nbsp;&nbsp;&nbsp;F5, Inc. \* | 679 | 219446 |
| &nbsp;&nbsp;&nbsp;&nbsp;Motorola Solutions, Inc. | 2888 | 1320654 |
|  |  | 6761189 |
| ***Computers & Peripherals — 6.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Apple, Inc. | 156352 | 39811910 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dell Technologies, Inc., Class C | 3734 | 529369 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hewlett Packard Enterprise Co. | 6204 | 152370 |
| &nbsp;&nbsp;&nbsp;&nbsp;HP, Inc. | 16520 | 449839 |
| &nbsp;&nbsp;&nbsp;&nbsp;NetApp, Inc. | 4285 | 507601 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pure Storage, Inc., Class A \* | 2027 | 169883 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sandisk Corp. \* | 821 | 92116 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seagate Technology Holdings PLC | 2763 | 652234 |
| &nbsp;&nbsp;&nbsp;&nbsp;Super Micro Computer, Inc. \*@ | 1322 | 63377 |
| &nbsp;&nbsp;&nbsp;&nbsp;Western Digital Corp. | 2465 | 295948 |
|  |  | 42724647 |
| ***Construction & Engineering — 0.3%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AECOM | 1355 | 176787 |
| &nbsp;&nbsp;&nbsp;&nbsp;API Group Corp. \* | 2782 | 95618 |
| &nbsp;&nbsp;&nbsp;&nbsp;Comfort Systems USA, Inc. | 533 | 439821 |
| &nbsp;&nbsp;&nbsp;&nbsp;EMCOR Group, Inc. | 656 | 426098 |
| &nbsp;&nbsp;&nbsp;&nbsp;Everus Construction Group, Inc. \* | 1 | 86 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fluor Corp. \* | 831 | 34960 |
| &nbsp;&nbsp;&nbsp;&nbsp;MasTec, Inc. \* | 736 | 156628 |
| &nbsp;&nbsp;&nbsp;&nbsp;Quanta Services, Inc. | 1453 | 602152 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sterling Infrastructure, Inc. \*@ | 349 | 118548 |
| &nbsp;&nbsp;&nbsp;&nbsp;Valmont Industries, Inc. | 200 | 77546 |
|  |  | 2128244 |
| ***Construction Materials — 0.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;CRH PLC | 936 | 112226 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eagle Materials, Inc. | 548 | 127706 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA U.S. Core Market Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***Construction Materials (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Martin Marietta Materials, Inc. | 582 | $366823 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vulcan Materials Co. | 1521 | 467890 |
|  |  | 1074645 |
| ***Consumer Finance — 0.5%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ally Financial, Inc. | 1983 | 77734 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Express Co. | 7231 | 2401849 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital One Financial Corp. | 4154 | 883057 |
| &nbsp;&nbsp;&nbsp;&nbsp;Credit Acceptance Corp. \*@ | 86 | 40156 |
| &nbsp;&nbsp;&nbsp;&nbsp;FirstCash Holdings, Inc. | 286 | 45308 |
| &nbsp;&nbsp;&nbsp;&nbsp;OneMain Holdings, Inc. | 677 | 38223 |
| &nbsp;&nbsp;&nbsp;&nbsp;SLM Corp. | 800 | 22144 |
| &nbsp;&nbsp;&nbsp;&nbsp;SoFi Technologies, Inc. \* | 6056 | 160000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Synchrony Financial | 2776 | 197235 |
|  |  | 3865706 |
| ***Consumer Staples Distribution & Retail — 2.2%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Albertsons Cos., Inc., Class A | 714 | 12502 |
| &nbsp;&nbsp;&nbsp;&nbsp;BJ's Wholesale Club Holdings, Inc. \* | 2341 | 218298 |
| &nbsp;&nbsp;&nbsp;&nbsp;Casey's General Stores, Inc. | 421 | 238000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Costco Wholesale Corp. | 5707 | 5282571 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dollar General Corp. | 4801 | 496183 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dollar Tree, Inc. \* | 1472 | 138913 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kroger Co. (The) | 10198 | 687447 |
| &nbsp;&nbsp;&nbsp;&nbsp;Performance Food Group Co. \* | 1336 | 138998 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sprouts Farmers Market, Inc. \* | 1478 | 160806 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sysco Corp. | 9579 | 788735 |
| &nbsp;&nbsp;&nbsp;&nbsp;Target Corp. | 10013 | 898166 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Foods Holding Corp. \* | 1600 | 122592 |
| &nbsp;&nbsp;&nbsp;&nbsp;Walmart, Inc. | 59102 | 6091052 |
|  |  | 15274263 |
| ***Containers & Packaging — 0.2%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Amcor PLC | 32254 | 263838 |
| &nbsp;&nbsp;&nbsp;&nbsp;AptarGroup, Inc. | 845 | 112943 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avery Dennison Corp. | 2080 | 337314 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ball Corp. | 3018 | 152167 |
| &nbsp;&nbsp;&nbsp;&nbsp;Crown Holdings, Inc. | 1714 | 165555 |
| &nbsp;&nbsp;&nbsp;&nbsp;Graphic Packaging Holding Co. | 4358 | 85286 |
| &nbsp;&nbsp;&nbsp;&nbsp;International Paper Co. | 4336 | 201190 |
| &nbsp;&nbsp;&nbsp;&nbsp;Packaging Corp. of America | 1211 | 263913 |
| &nbsp;&nbsp;&nbsp;&nbsp;Smurfit WestRock PLC | 1 | 43 |
|  |  | 1582249 |
| ***Distributors — 0.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Genuine Parts Co. | 2179 | 302009 |
| &nbsp;&nbsp;&nbsp;&nbsp;LKQ Corp. | 4303 | 131414 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pool Corp. | 629 | 195034 |
|  |  | 628457 |
| ***Diversified Consumer Services — 0.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;ADT, Inc. | 3988 | 34736 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bright Horizons Family Solutions, Inc. \* | 639 | 69376 |
| &nbsp;&nbsp;&nbsp;&nbsp;Duolingo, Inc. \* | 94 | 30253 |
| &nbsp;&nbsp;&nbsp;&nbsp;H&R Block, Inc. | 2885 | 145894 |
| &nbsp;&nbsp;&nbsp;&nbsp;Service Corp. International | 2063 | 171683 |
|  |  | 451942 |
| ***Diversified Telecommunication Services — 0.6%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AT&T, Inc. | 55778 | 1575171 |
| &nbsp;&nbsp;&nbsp;&nbsp;GCI Liberty, Inc., Class A \* | 7 | 263 |
| &nbsp;&nbsp;&nbsp;&nbsp;GCI Liberty, Inc., Class C \* | 208 | 7752 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sunrise Communications AG, Class A, ADR \* | 408 | 23982 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verizon Communications, Inc. | 61277 | 2693124 |
|  |  | 4300292 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | **SHARES** | **VALUE†** | **VALUE†** |
| ***Electric Utilities — 1.8%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alliant Energy Corp. | 4621 | $| 311502 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Electric Power Co., Inc. | 8417 |  | 946912 |
| &nbsp;&nbsp;&nbsp;&nbsp;Constellation Energy Corp. | 4016 |  | 1321545 |
| &nbsp;&nbsp;&nbsp;&nbsp;Duke Energy Corp. | 12780 |  | 1581525 |
| &nbsp;&nbsp;&nbsp;&nbsp;Edison International | 5709 |  | 315594 |
| &nbsp;&nbsp;&nbsp;&nbsp;Entergy Corp. | 5738 |  | 534724 |
| &nbsp;&nbsp;&nbsp;&nbsp;Evergy, Inc. | 3652 |  | 277625 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eversource Energy | 5876 |  | 418019 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exelon Corp. | 15965 |  | 718585 |
| &nbsp;&nbsp;&nbsp;&nbsp;FirstEnergy Corp. | 5602 |  | 256684 |
| &nbsp;&nbsp;&nbsp;&nbsp;IDACORP, Inc. | 647 |  | 85501 |
| &nbsp;&nbsp;&nbsp;&nbsp;NextEra Energy, Inc. | 26790 |  | 2022377 |
| &nbsp;&nbsp;&nbsp;&nbsp;NRG Energy, Inc. | 5256 |  | 851209 |
| &nbsp;&nbsp;&nbsp;&nbsp;OGE Energy Corp. | 3314 |  | 153339 |
| &nbsp;&nbsp;&nbsp;&nbsp;PG&E Corp. | 2100 |  | 31668 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pinnacle West Capital Corp. | 1978 |  | 177347 |
| &nbsp;&nbsp;&nbsp;&nbsp;PPL Corp. @ | 9200 |  | 341872 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southern Co. (The) | 17830 |  | 1689749 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xcel Energy, Inc. | 9222 |  | 743754 |
|  |  |  | 12779531 |
| ***Electrical Equipment — 0.7%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Acuity, Inc. | 354 |  | 121914 |
| &nbsp;&nbsp;&nbsp;&nbsp;AMETEK, Inc. | 2250 |  | 423000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eaton Corp. PLC | 4909 |  | 1837193 |
| &nbsp;&nbsp;&nbsp;&nbsp;Emerson Electric Co. | 5965 |  | 782489 |
| &nbsp;&nbsp;&nbsp;&nbsp;GE Vernova, Inc. | 682 |  | 419362 |
| &nbsp;&nbsp;&nbsp;&nbsp;Generac Holdings, Inc. \* | 668 |  | 111823 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hubbell, Inc. | 711 |  | 305950 |
| &nbsp;&nbsp;&nbsp;&nbsp;NEXTracker, Inc., Class A \* | 947 |  | 70069 |
| &nbsp;&nbsp;&nbsp;&nbsp;nVent Electric PLC | 1736 |  | 171239 |
| &nbsp;&nbsp;&nbsp;&nbsp;Regal Rexnord Corp. | 1098 |  | 157497 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rockwell Automation, Inc. | 1446 |  | 505420 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vertiv Holdings Co., Class A | 1257 |  | 189631 |
|  |  |  | 5095587 |
| ***Electronic Equipment, Instruments & Components — 0.9%*** | ***Electronic Equipment, Instruments & Components — 0.9%*** | ***Electronic Equipment, Instruments & Components — 0.9%*** | ***Electronic Equipment, Instruments & Components — 0.9%*** |
| &nbsp;&nbsp;&nbsp;&nbsp;Amphenol Corp., Class A | 15711 |  | 1944236 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arrow Electronics, Inc. \* | 830 |  | 100430 |
| &nbsp;&nbsp;&nbsp;&nbsp;Badger Meter, Inc. | 331 |  | 59110 |
| &nbsp;&nbsp;&nbsp;&nbsp;CDW Corp. | 2939 |  | 468124 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cognex Corp. | 252 |  | 11416 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coherent Corp. \* | 812 |  | 87469 |
| &nbsp;&nbsp;&nbsp;&nbsp;Corning, Inc. | 7941 |  | 651400 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fabrinet \* | 506 |  | 184498 |
| &nbsp;&nbsp;&nbsp;&nbsp;Flex Ltd. \* | 5442 |  | 315473 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jabil, Inc. | 2109 |  | 458011 |
| &nbsp;&nbsp;&nbsp;&nbsp;Keysight Technologies, Inc. \* | 1680 |  | 293865 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ralliant Corp. | 749 |  | 32754 |
| &nbsp;&nbsp;&nbsp;&nbsp;TD SYNNEX Corp. | 836 |  | 136895 |
| &nbsp;&nbsp;&nbsp;&nbsp;TE Connectivity PLC | 3575 |  | 784820 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teledyne Technologies, Inc. \* | 315 |  | 184602 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trimble, Inc. \* | 1892 |  | 154482 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vontier Corp. | 3024 |  | 126917 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zebra Technologies Corp., Class A \* | 374 |  | 111138 |
|  |  |  | 6105640 |
| ***Energy Equipment & Services — 0.1%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Baker Hughes Co. | 3464 |  | 168766 |
| &nbsp;&nbsp;&nbsp;&nbsp;Halliburton Co. | 2470 |  | 60762 |
| &nbsp;&nbsp;&nbsp;&nbsp;Schlumberger NV | 9537 |  | 327787 |
| &nbsp;&nbsp;&nbsp;&nbsp;TechnipFMC PLC | 4963 |  | 195790 |
|  |  |  | 753105 |
| ***Entertainment — 1.5%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Atlanta Braves Holdings, Inc., Class C \* | 58 |  | 2412 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA U.S. Core Market Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***Entertainment (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Electronic Arts, Inc. | 2343 | $472583 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liberty Media Corp.-Liberty Formula One, Class A \* | 2 | 191 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liberty Media Corp.-Liberty Formula One, Class C \* | 1723 | 179967 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liberty Media Corp.-Liberty Live, Class A \* | 328 | 30930 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liberty Media Corp.-Liberty Live, Class C \* | 367 | 35588 |
| &nbsp;&nbsp;&nbsp;&nbsp;Live Nation Entertainment, Inc. \* | 2466 | 402944 |
| &nbsp;&nbsp;&nbsp;&nbsp;Madison Square Garden Sports Corp. \* | 9 | 2043 |
| &nbsp;&nbsp;&nbsp;&nbsp;Netflix, Inc. \* | 4747 | 5691273 |
| &nbsp;&nbsp;&nbsp;&nbsp;ROBLOX Corp., Class A \* | 2437 | 337573 |
| &nbsp;&nbsp;&nbsp;&nbsp;Roku, Inc. \* | 1025 | 102633 |
| &nbsp;&nbsp;&nbsp;&nbsp;Spotify Technology SA \* | 853 | 595394 |
| &nbsp;&nbsp;&nbsp;&nbsp;Take-Two Interactive Software, Inc. \* | 2052 | 530155 |
| &nbsp;&nbsp;&nbsp;&nbsp;TKO Group Holdings, Inc. | 628 | 126831 |
| &nbsp;&nbsp;&nbsp;&nbsp;Walt Disney Co. (The) | 14767 | 1690822 |
| &nbsp;&nbsp;&nbsp;&nbsp;Warner Bros Discovery, Inc. \* | 7497 | 146417 |
| &nbsp;&nbsp;&nbsp;&nbsp;Warner Music Group Corp., Class A | 1467 | 49966 |
|  |  | 10397722 |
| ***Financial Services — 4.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Affirm Holdings, Inc. \* | 1361 | 99462 |
| &nbsp;&nbsp;&nbsp;&nbsp;Apollo Global Management, Inc. | 5497 | 732585 |
| &nbsp;&nbsp;&nbsp;&nbsp;Berkshire Hathaway, Inc., Class B \* | 12209 | 6137953 |
| &nbsp;&nbsp;&nbsp;&nbsp;Block, Inc. \* | 2239 | 161812 |
| &nbsp;&nbsp;&nbsp;&nbsp;Corebridge Financial, Inc. | 814 | 26089 |
| &nbsp;&nbsp;&nbsp;&nbsp;Corpay, Inc. \* | 1396 | 402132 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equitable Holdings, Inc. | 7584 | 385115 |
| &nbsp;&nbsp;&nbsp;&nbsp;Essent Group Ltd. | 700 | 44492 |
| &nbsp;&nbsp;&nbsp;&nbsp;Euronet Worldwide, Inc. \* | 39 | 3425 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fidelity National Information Services, Inc. | 5177 | 341371 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fiserv, Inc. \* | 5324 | 686423 |
| &nbsp;&nbsp;&nbsp;&nbsp;Global Payments, Inc. | 2160 | 179453 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jack Henry & Associates, Inc. | 953 | 141930 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jackson Financial, Inc., Class A | 477 | 48287 |
| &nbsp;&nbsp;&nbsp;&nbsp;MasterCard, Inc., Class A | 15734 | 8949657 |
| &nbsp;&nbsp;&nbsp;&nbsp;MGIC Investment Corp. | 4400 | 124828 |
| &nbsp;&nbsp;&nbsp;&nbsp;PayPal Holdings, Inc. \* | 8856 | 593883 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rocket Cos., Inc., Class A | 1367 | 26492 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shift4 Payments, Inc., Class A \*@ | 780 | 60372 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toast, Inc., Class A \* | 2632 | 96094 |
| &nbsp;&nbsp;&nbsp;&nbsp;Visa, Inc., Class A | 27291 | 9316602 |
| &nbsp;&nbsp;&nbsp;&nbsp;Voya Financial, Inc. | 1206 | 90209 |
| &nbsp;&nbsp;&nbsp;&nbsp;WEX, Inc. \* | 200 | 31506 |
|  |  | 28680172 |
| ***Food Products — 0.4%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Archer-Daniels-Midland Co. | 455 | 27182 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bunge Global SA | 836 | 67925 |
| &nbsp;&nbsp;&nbsp;&nbsp;Campbell's Co. (The) | 2104 | 66444 |
| &nbsp;&nbsp;&nbsp;&nbsp;Conagra Brands, Inc. | 1972 | 36107 |
| &nbsp;&nbsp;&nbsp;&nbsp;Flowers Foods, Inc. | 2 | 26 |
| &nbsp;&nbsp;&nbsp;&nbsp;General Mills, Inc. | 8511 | 429125 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hershey Co. (The) | 2946 | 551049 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hormel Foods Corp. | 3316 | 82038 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ingredion, Inc. | 866 | 105747 |
| &nbsp;&nbsp;&nbsp;&nbsp;J.M. Smucker Co. (The) | 1268 | 137705 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kraft Heinz Co. (The) | 3268 | 85099 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lamb Weston Holdings, Inc. | 3492 | 202815 |
| &nbsp;&nbsp;&nbsp;&nbsp;McCormick & Co., Inc. | 2892 | 193504 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Mondelez International, Inc., Class A | 11759 | $734585 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pilgrim's Pride Corp. | 940 | 38277 |
| &nbsp;&nbsp;&nbsp;&nbsp;Post Holdings, Inc. \* | 940 | 101031 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tyson Foods, Inc., Class A | 2688 | 145958 |
|  |  | 3004617 |
| ***Gas Utilities — 0.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Atmos Energy Corp. | 2360 | 402970 |
| &nbsp;&nbsp;&nbsp;&nbsp;MDU Resources Group, Inc. | 1 | 18 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Fuel Gas Co. | 1600 | 147792 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southwest Gas Holdings, Inc. | 300 | 23502 |
| &nbsp;&nbsp;&nbsp;&nbsp;UGI Corp. | 2799 | 93095 |
|  |  | 667377 |
| ***Ground Transportation — 0.8%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;CSX Corp. | 24027 | 853199 |
| &nbsp;&nbsp;&nbsp;&nbsp;JB Hunt Transport Services, Inc. | 1008 | 135243 |
| &nbsp;&nbsp;&nbsp;&nbsp;Knight-Swift Transportation Holdings, Inc. | 2249 | 88858 |
| &nbsp;&nbsp;&nbsp;&nbsp;Norfolk Southern Corp. | 2236 | 671717 |
| &nbsp;&nbsp;&nbsp;&nbsp;Old Dominion Freight Line, Inc. | 2461 | 346459 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ryder System, Inc. | 259 | 48858 |
| &nbsp;&nbsp;&nbsp;&nbsp;Saia, Inc. \* | 200 | 59872 |
| &nbsp;&nbsp;&nbsp;&nbsp;U-Haul Holding Co. \*@ | 152 | 8675 |
| &nbsp;&nbsp;&nbsp;&nbsp;U-Haul Holding Co. | 869 | 44232 |
| &nbsp;&nbsp;&nbsp;&nbsp;Uber Technologies, Inc. \* | 9836 | 963633 |
| &nbsp;&nbsp;&nbsp;&nbsp;Union Pacific Corp. | 9528 | 2252133 |
| &nbsp;&nbsp;&nbsp;&nbsp;XPO, Inc. \* | 1934 | 250008 |
|  |  | 5722887 |
| ***Health Care Equipment & Supplies — 1.4%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Abbott Laboratories | 18506 | 2478694 |
| &nbsp;&nbsp;&nbsp;&nbsp;ABIOMED, Inc. CVR \*¶§ | 350 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Align Technology, Inc. \* | 581 | 72753 |
| &nbsp;&nbsp;&nbsp;&nbsp;Baxter International, Inc. | 5511 | 125486 |
| &nbsp;&nbsp;&nbsp;&nbsp;Becton Dickinson & Co. | 1681 | 314633 |
| &nbsp;&nbsp;&nbsp;&nbsp;Boston Scientific Corp. \* | 10979 | 1071880 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cooper Cos., Inc. (The) \* | 1444 | 99001 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dexcom, Inc. \* | 3076 | 206984 |
| &nbsp;&nbsp;&nbsp;&nbsp;Edwards Lifesciences Corp. \* | 3822 | 297237 |
| &nbsp;&nbsp;&nbsp;&nbsp;Envista Holdings Corp. \* | 1 | 20 |
| &nbsp;&nbsp;&nbsp;&nbsp;GE HealthCare Technologies, Inc. | 909 | 68266 |
| &nbsp;&nbsp;&nbsp;&nbsp;Globus Medical, Inc., Class A \* | 57 | 3264 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hologic, Inc. \* | 2522 | 170210 |
| &nbsp;&nbsp;&nbsp;&nbsp;IDEXX Laboratories, Inc. \* | 1317 | 841418 |
| &nbsp;&nbsp;&nbsp;&nbsp;Insulet Corp. \* | 740 | 228460 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intuitive Surgical, Inc. \* | 1973 | 882385 |
| &nbsp;&nbsp;&nbsp;&nbsp;Medtronic PLC | 8422 | 802111 |
| &nbsp;&nbsp;&nbsp;&nbsp;Penumbra, Inc. \* | 300 | 75996 |
| &nbsp;&nbsp;&nbsp;&nbsp;ResMed, Inc. | 1414 | 387054 |
| &nbsp;&nbsp;&nbsp;&nbsp;Solventum Corp. \* | 3287 | 239951 |
| &nbsp;&nbsp;&nbsp;&nbsp;STERIS PLC | 889 | 219974 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stryker Corp. | 3317 | 1226195 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teleflex, Inc. | 364 | 44539 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zimmer Biomet Holdings, Inc. | 1186 | 116821 |
|  |  | 9973332 |
| ***Health Care Providers & Services — 1.5%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Cardinal Health, Inc. | 3943 | 618893 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cencora, Inc. | 2652 | 828830 |
| &nbsp;&nbsp;&nbsp;&nbsp;Centene Corp. \* | 1984 | 70789 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chemed Corp. | 339 | 151784 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cigna Group (The) | 2574 | 741956 |
| &nbsp;&nbsp;&nbsp;&nbsp;CVS Health Corp. | 4313 | 325157 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA U.S. Core Market Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***Health Care Providers & Services (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;DaVita, Inc. \* | 544 | $72281 |
| &nbsp;&nbsp;&nbsp;&nbsp;Elevance Health, Inc. | 2219 | 717003 |
| &nbsp;&nbsp;&nbsp;&nbsp;Encompass Health Corp. | 1356 | 172239 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ensign Group, Inc. (The) | 687 | 118693 |
| &nbsp;&nbsp;&nbsp;&nbsp;HCA Healthcare, Inc. | 2256 | 961507 |
| &nbsp;&nbsp;&nbsp;&nbsp;HealthEquity, Inc. \* | 331 | 31369 |
| &nbsp;&nbsp;&nbsp;&nbsp;Henry Schein, Inc. \* | 1420 | 94245 |
| &nbsp;&nbsp;&nbsp;&nbsp;Humana, Inc. | 1186 | 308562 |
| &nbsp;&nbsp;&nbsp;&nbsp;Labcorp Holdings, Inc. | 579 | 166208 |
| &nbsp;&nbsp;&nbsp;&nbsp;McKesson Corp. | 1601 | 1236837 |
| &nbsp;&nbsp;&nbsp;&nbsp;Molina Healthcare, Inc. \* | 831 | 159020 |
| &nbsp;&nbsp;&nbsp;&nbsp;Quest Diagnostics, Inc. | 980 | 186769 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare Corp. \* | 1281 | 260094 |
| &nbsp;&nbsp;&nbsp;&nbsp;UnitedHealth Group, Inc. | 8741 | 3018267 |
| &nbsp;&nbsp;&nbsp;&nbsp;Universal Health Services, Inc., Class B | 662 | 135339 |
|  |  | 10375842 |
| ***Health Care Technology — 0.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Doximity, Inc., Class A \* | 742 | 54277 |
| &nbsp;&nbsp;&nbsp;&nbsp;Veeva Systems, Inc., Class A \* | 1016 | 302677 |
|  |  | 356954 |
| ***Hotels, Restaurants & Leisure — 1.9%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Airbnb, Inc., Class A \* | 1780 | 216128 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aramark | 2445 | 93888 |
| &nbsp;&nbsp;&nbsp;&nbsp;Booking Holdings, Inc. | 417 | 2251495 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brinker International, Inc. \* | 491 | 62200 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carnival Corp. \* | 2589 | 74848 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chipotle Mexican Grill, Inc. \* | 21150 | 828868 |
| &nbsp;&nbsp;&nbsp;&nbsp;Choice Hotels International, Inc. @ | 413 | 44154 |
| &nbsp;&nbsp;&nbsp;&nbsp;Churchill Downs, Inc. | 1048 | 101666 |
| &nbsp;&nbsp;&nbsp;&nbsp;Darden Restaurants, Inc. | 1874 | 356735 |
| &nbsp;&nbsp;&nbsp;&nbsp;Domino's Pizza, Inc. | 426 | 183908 |
| &nbsp;&nbsp;&nbsp;&nbsp;DoorDash, Inc., Class A \* | 392 | 106620 |
| &nbsp;&nbsp;&nbsp;&nbsp;DraftKings, Inc., Class A \* | 2512 | 93949 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dutch Bros, Inc., Class A \* | 691 | 36167 |
| &nbsp;&nbsp;&nbsp;&nbsp;Expedia Group, Inc. | 2025 | 432844 |
| &nbsp;&nbsp;&nbsp;&nbsp;Flutter Entertainment PLC \* | 525 | 133350 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hilton Worldwide Holdings, Inc. | 3388 | 878983 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hyatt Hotels Corp., Class A | 300 | 42579 |
| &nbsp;&nbsp;&nbsp;&nbsp;Las Vegas Sands Corp. | 3185 | 171321 |
| &nbsp;&nbsp;&nbsp;&nbsp;Light & Wonder, Inc. \*@ | 727 | 61024 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marriott International, Inc., Class A | 3005 | 782622 |
| &nbsp;&nbsp;&nbsp;&nbsp;McDonald's Corp. | 9172 | 2787279 |
| &nbsp;&nbsp;&nbsp;&nbsp;Norwegian Cruise Line Holdings Ltd. \* | 2479 | 61058 |
| &nbsp;&nbsp;&nbsp;&nbsp;Planet Fitness, Inc., Class A \* | 1127 | 116983 |
| &nbsp;&nbsp;&nbsp;&nbsp;Royal Caribbean Cruises Ltd. | 2550 | 825129 |
| &nbsp;&nbsp;&nbsp;&nbsp;Starbucks Corp. | 14610 | 1236006 |
| &nbsp;&nbsp;&nbsp;&nbsp;Texas Roadhouse, Inc. | 971 | 161332 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vail Resorts, Inc. @ | 666 | 99614 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wingstop, Inc. @ | 324 | 81544 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wyndham Hotels & Resorts, Inc. | 1412 | 112819 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wynn Resorts Ltd. | 738 | 94663 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yum! Brands, Inc. | 3618 | 549936 |
|  |  | 13079712 |
| ***Household Durables — 0.3%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;DR Horton, Inc. | 2621 | 444181 |
| &nbsp;&nbsp;&nbsp;&nbsp;Garmin Ltd. | 1512 | 372285 |
| &nbsp;&nbsp;&nbsp;&nbsp;Installed Building Products, Inc. | 100 | 24666 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lennar Corp., Class A | 1950 | 245778 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lennar Corp., Class B @ | 72 | 8639 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mohawk Industries, Inc. \* | 600 | 77352 |
| &nbsp;&nbsp;&nbsp;&nbsp;NVR, Inc. \* | 40 | 321386 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | **SHARES** | **VALUE†** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;PulteGroup, Inc. | 1926 | $| 254482 |
| &nbsp;&nbsp;&nbsp;&nbsp;SharkNinja, Inc. \* | 397 |  | 40951 |
| &nbsp;&nbsp;&nbsp;&nbsp;Somnigroup International, Inc. | 3440 |  | 290095 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taylor Morrison Home Corp. \* | 1243 |  | 82051 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toll Brothers, Inc. | 1124 |  | 155269 |
| &nbsp;&nbsp;&nbsp;&nbsp;TopBuild Corp. \*@ | 361 |  | 141101 |
| &nbsp;&nbsp;&nbsp;&nbsp;Whirlpool Corp. | 555 |  | 43623 |
|  |  |  | 2501859 |
| ***Household Products — 1.1%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Church & Dwight Co., Inc. | 1955 |  | 171317 |
| &nbsp;&nbsp;&nbsp;&nbsp;Clorox Co. (The) | 2311 |  | 284946 |
| &nbsp;&nbsp;&nbsp;&nbsp;Colgate-Palmolive Co. | 12032 |  | 961838 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kimberly-Clark Corp. | 4287 |  | 533046 |
| &nbsp;&nbsp;&nbsp;&nbsp;Procter & Gamble Co. (The) | 38227 |  | 5873578 |
|  |  |  | 7824725 |
| ***Independent Power Producers & Energy Traders — 0.1%*** | ***Independent Power Producers & Energy Traders — 0.1%*** | ***Independent Power Producers & Energy Traders — 0.1%*** | ***Independent Power Producers & Energy Traders — 0.1%*** |
| &nbsp;&nbsp;&nbsp;&nbsp;AES Corp. (The) | 11000 |  | 144760 |
| &nbsp;&nbsp;&nbsp;&nbsp;Clearway Energy, Inc., Class C | 2400 |  | 67800 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ormat Technologies, Inc. | 332 |  | 31955 |
| &nbsp;&nbsp;&nbsp;&nbsp;Talen Energy Corp. \* | 107 |  | 45516 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vistra Corp. | 3525 |  | 690618 |
|  |  |  | 980649 |
| ***Industrial Conglomerates — 0.4%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;3M Co. | 5998 |  | 930770 |
| &nbsp;&nbsp;&nbsp;&nbsp;Honeywell International, Inc. | 9442 |  | 1987541 |
|  |  |  | 2918311 |
| ***Insurance — 1.9%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Aflac, Inc. | 4376 |  | 488799 |
| &nbsp;&nbsp;&nbsp;&nbsp;Allstate Corp. (The) | 2506 |  | 537913 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Financial Group, Inc. | 429 |  | 62514 |
| &nbsp;&nbsp;&nbsp;&nbsp;American International Group, Inc. | 7293 |  | 572792 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aon PLC, Class A | 4021 |  | 1433808 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arch Capital Group Ltd. | 3373 |  | 306032 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arthur J Gallagher & Co. | 1667 |  | 516337 |
| &nbsp;&nbsp;&nbsp;&nbsp;Assurant, Inc. | 793 |  | 171764 |
| &nbsp;&nbsp;&nbsp;&nbsp;Axis Capital Holdings Ltd. | 1300 |  | 124540 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brown & Brown, Inc. | 2460 |  | 230723 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chubb Ltd. | 3276 |  | 924651 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cincinnati Financial Corp. | 1150 |  | 181815 |
| &nbsp;&nbsp;&nbsp;&nbsp;Erie Indemnity Co., Class A | 350 |  | 111356 |
| &nbsp;&nbsp;&nbsp;&nbsp;Everest Group Ltd. | 191 |  | 66894 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fidelity National Financial, Inc. | 2857 |  | 172820 |
| &nbsp;&nbsp;&nbsp;&nbsp;First American Financial Corp. | 2024 |  | 130022 |
| &nbsp;&nbsp;&nbsp;&nbsp;Globe Life, Inc. | 959 |  | 137108 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hanover Insurance Group, Inc. (The) | 243 |  | 44136 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hartford Insurance Group, Inc. (The) | 3652 |  | 487140 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kinsale Capital Group, Inc. | 257 |  | 109292 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lincoln National Corp. | 1449 |  | 58438 |
| &nbsp;&nbsp;&nbsp;&nbsp;Loews Corp. | 1471 |  | 147674 |
| &nbsp;&nbsp;&nbsp;&nbsp;Markel Group, Inc. \* | 100 |  | 191136 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marsh & McLennan Cos., Inc. | 7886 |  | 1589266 |
| &nbsp;&nbsp;&nbsp;&nbsp;MetLife, Inc. | 4850 |  | 399495 |
| &nbsp;&nbsp;&nbsp;&nbsp;Old Republic International Corp. | 2863 |  | 121592 |
| &nbsp;&nbsp;&nbsp;&nbsp;Primerica, Inc. | 435 |  | 120752 |
| &nbsp;&nbsp;&nbsp;&nbsp;Principal Financial Group, Inc. | 2619 |  | 217141 |
| &nbsp;&nbsp;&nbsp;&nbsp;Progressive Corp. (The) | 6652 |  | 1642711 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prudential Financial, Inc. | 957 |  | 99279 |
| &nbsp;&nbsp;&nbsp;&nbsp;Reinsurance Group of America, Inc. | 649 |  | 124692 |
| &nbsp;&nbsp;&nbsp;&nbsp;RenaissanceRe Holdings Ltd. | 783 |  | 198827 |
| &nbsp;&nbsp;&nbsp;&nbsp;RLI Corp. | 1020 |  | 66524 |
| &nbsp;&nbsp;&nbsp;&nbsp;Travelers Cos., Inc. (The) | 4019 |  | 1122185 |
| &nbsp;&nbsp;&nbsp;&nbsp;Unum Group | 1700 |  | 132226 |
| &nbsp;&nbsp;&nbsp;&nbsp;W R Berkley Corp. | 3002 |  | 230013 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA U.S. Core Market Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***Insurance (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Willis Towers Watson PLC | 1050 | $362723 |
|  |  | 13635130 |
| ***Interactive Media & Services — 8.4%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc., Class A | 67610 | 16435991 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc., Class C | 70117 | 17076995 |
| &nbsp;&nbsp;&nbsp;&nbsp;Match Group, Inc. | 2359 | 83320 |
| &nbsp;&nbsp;&nbsp;&nbsp;Meta Platforms, Inc., Class A | 34847 | 25590940 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pinterest, Inc., Class A \* | 2085 | 67075 |
| &nbsp;&nbsp;&nbsp;&nbsp;Reddit, Inc., Class A \* | 269 | 61867 |
|  |  | 59316188 |
| ***IT Services — 1.3%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accenture PLC, Class A | 8090 | 1994994 |
| &nbsp;&nbsp;&nbsp;&nbsp;Akamai Technologies, Inc. \* | 1909 | 144626 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amdocs Ltd. | 2260 | 185433 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cloudflare, Inc., Class A \* | 1393 | 298924 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cognizant Technology Solutions Corp., Class A | 4770 | 319924 |
| &nbsp;&nbsp;&nbsp;&nbsp;EPAM Systems, Inc. \* | 639 | 96355 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gartner, Inc. \* | 1232 | 323856 |
| &nbsp;&nbsp;&nbsp;&nbsp;GoDaddy, Inc., Class A \* | 2137 | 292406 |
| &nbsp;&nbsp;&nbsp;&nbsp;International Business Machines Corp. | 16047 | 4527821 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kyndryl Holdings, Inc. \* | 900 | 27027 |
| &nbsp;&nbsp;&nbsp;&nbsp;MongoDB, Inc. \* | 284 | 88148 |
| &nbsp;&nbsp;&nbsp;&nbsp;Okta, Inc. \* | 1243 | 113983 |
| &nbsp;&nbsp;&nbsp;&nbsp;Snowflake, Inc., Class A \* | 834 | 188108 |
| &nbsp;&nbsp;&nbsp;&nbsp;Twilio, Inc., Class A \* | 609 | 60955 |
| &nbsp;&nbsp;&nbsp;&nbsp;VeriSign, Inc. | 1086 | 303613 |
|  |  | 8966173 |
| ***Leisure Equipment & Products — 0.0%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Hasbro, Inc. | 2087 | 158299 |
| ***Life Sciences Tools & Services — 0.7%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Agilent Technologies, Inc. | 2790 | 358097 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bio-Rad Laboratories, Inc., Class A \* | 223 | 62527 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bio-Techne Corp. | 1750 | 97353 |
| &nbsp;&nbsp;&nbsp;&nbsp;Charles River Laboratories International, Inc. \* | 640 | 100134 |
| &nbsp;&nbsp;&nbsp;&nbsp;Danaher Corp. | 5443 | 1079129 |
| &nbsp;&nbsp;&nbsp;&nbsp;Illumina, Inc. \* | 1035 | 98294 |
| &nbsp;&nbsp;&nbsp;&nbsp;IQVIA Holdings, Inc. \* | 2227 | 422996 |
| &nbsp;&nbsp;&nbsp;&nbsp;Medpace Holdings, Inc. \* | 500 | 257080 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mettler-Toledo International, Inc. \* | 306 | 375649 |
| &nbsp;&nbsp;&nbsp;&nbsp;Revvity, Inc. @ | 1223 | 107196 |
| &nbsp;&nbsp;&nbsp;&nbsp;Thermo Fisher Scientific, Inc. | 2450 | 1188299 |
| &nbsp;&nbsp;&nbsp;&nbsp;Waters Corp. \* | 991 | 297112 |
| &nbsp;&nbsp;&nbsp;&nbsp;West Pharmaceutical Services, Inc. | 759 | 199108 |
|  |  | 4642974 |
| ***Machinery — 1.9%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AGCO Corp. | 829 | 88761 |
| &nbsp;&nbsp;&nbsp;&nbsp;Allison Transmission Holdings, Inc. | 1376 | 116795 |
| &nbsp;&nbsp;&nbsp;&nbsp;Caterpillar, Inc. | 7527 | 3591508 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chart Industries, Inc. \* | 259 | 51839 |
| &nbsp;&nbsp;&nbsp;&nbsp;CNH Industrial NV | 6879 | 74637 |
| &nbsp;&nbsp;&nbsp;&nbsp;Crane Co. | 560 | 103118 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cummins, Inc. | 1437 | 606946 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deere & Co. | 3305 | 1511244 |
| &nbsp;&nbsp;&nbsp;&nbsp;Donaldson Co., Inc. | 2651 | 216984 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dover Corp. | 1494 | 249244 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Esab Corp. | 564 | $63021 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Signal Corp. | 808 | 96144 |
| &nbsp;&nbsp;&nbsp;&nbsp;Flowserve Corp. | 1589 | 84439 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fortive Corp. | 2248 | 110130 |
| &nbsp;&nbsp;&nbsp;&nbsp;Franklin Electric Co., Inc. | 300 | 28560 |
| &nbsp;&nbsp;&nbsp;&nbsp;Graco, Inc. | 1969 | 167286 |
| &nbsp;&nbsp;&nbsp;&nbsp;IDEX Corp. | 881 | 143392 |
| &nbsp;&nbsp;&nbsp;&nbsp;Illinois Tool Works, Inc. | 5398 | 1407582 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ingersoll Rand, Inc. | 2640 | 218117 |
| &nbsp;&nbsp;&nbsp;&nbsp;ITT, Inc. | 917 | 163923 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lincoln Electric Holdings, Inc. | 920 | 216964 |
| &nbsp;&nbsp;&nbsp;&nbsp;Middleby Corp. (The) \* | 1043 | 138646 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mueller Industries, Inc. | 776 | 78461 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nordson Corp. | 589 | 133674 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oshkosh Corp. | 1453 | 188454 |
| &nbsp;&nbsp;&nbsp;&nbsp;Otis Worldwide Corp. | 5642 | 515848 |
| &nbsp;&nbsp;&nbsp;&nbsp;PACCAR, Inc. | 5173 | 508609 |
| &nbsp;&nbsp;&nbsp;&nbsp;Parker-Hannifin Corp. | 1247 | 945413 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pentair PLC | 1393 | 154289 |
| &nbsp;&nbsp;&nbsp;&nbsp;RBC Bearings, Inc. \* | 421 | 164312 |
| &nbsp;&nbsp;&nbsp;&nbsp;Snap-on, Inc. | 598 | 207225 |
| &nbsp;&nbsp;&nbsp;&nbsp;SPX Technologies, Inc. \* | 182 | 33994 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stanley Black & Decker, Inc. | 1936 | 143903 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toro Co. (The) | 1330 | 101346 |
| &nbsp;&nbsp;&nbsp;&nbsp;Watts Water Technologies, Inc., Class A | 314 | 87694 |
| &nbsp;&nbsp;&nbsp;&nbsp;Westinghouse Air Brake Technologies Corp. | 1144 | 229338 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xylem, Inc. | 1587 | 234083 |
|  |  | 13175923 |
| ***Marine Transportation — 0.0%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Kirby Corp. \* | 322 | 26871 |
| ***Media — 0.5%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Charter Communications, Inc., Class A \*@ | 1657 | 455849 |
| &nbsp;&nbsp;&nbsp;&nbsp;Comcast Corp., Class A | 58373 | 1834080 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fox Corp., Class A | 3686 | 232439 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fox Corp., Class B | 661 | 37869 |
| &nbsp;&nbsp;&nbsp;&nbsp;GCI Liberty, Inc. \*§ | 1444 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Interpublic Group of Cos., Inc. (The) | 6061 | 169163 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liberty Broadband Corp., Class A \* | 39 | 2470 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liberty Broadband Corp., Class C \* | 1043 | 66272 |
| &nbsp;&nbsp;&nbsp;&nbsp;New York Times Co. (The), Class A | 749 | 42993 |
| &nbsp;&nbsp;&nbsp;&nbsp;News Corp., Class A | 3913 | 120168 |
| &nbsp;&nbsp;&nbsp;&nbsp;News Corp., Class B | 1525 | 52689 |
| &nbsp;&nbsp;&nbsp;&nbsp;Omnicom Group, Inc. | 4831 | 393871 |
| &nbsp;&nbsp;&nbsp;&nbsp;Paramount Skydance Corp. | 447 | 8457 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trade Desk, Inc. (The), Class A \* | 3136 | 153695 |
|  |  | 3570015 |
| ***Metals & Mining — 0.3%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alcoa Corp. | 2296 | 75515 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carpenter Technology Corp. | 592 | 145360 |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial Metals Co. | 1475 | 84488 |
| &nbsp;&nbsp;&nbsp;&nbsp;Freeport-McMoRan, Inc. | 6585 | 258264 |
| &nbsp;&nbsp;&nbsp;&nbsp;MP Materials Corp. \* | 691 | 46345 |
| &nbsp;&nbsp;&nbsp;&nbsp;Newmont Corp. | 4649 | 391957 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nucor Corp. | 1511 | 204635 |
| &nbsp;&nbsp;&nbsp;&nbsp;Reliance, Inc. | 516 | 144908 |
| &nbsp;&nbsp;&nbsp;&nbsp;Royal Gold, Inc. | 1115 | 223647 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southern Copper Corp. | 1857 | 225366 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA U.S. Core Market Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***Metals & Mining (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Steel Dynamics, Inc. | 1501 | $209284 |
|  |  | 2009769 |
| ***Multi-Utilities — 0.7%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ameren Corp. | 3328 | 347377 |
| &nbsp;&nbsp;&nbsp;&nbsp;CenterPoint Energy, Inc. | 6700 | 259960 |
| &nbsp;&nbsp;&nbsp;&nbsp;CMS Energy Corp. | 5199 | 380879 |
| &nbsp;&nbsp;&nbsp;&nbsp;Consolidated Edison, Inc. | 5063 | 508933 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dominion Energy, Inc. | 13388 | 818944 |
| &nbsp;&nbsp;&nbsp;&nbsp;DTE Energy Co. | 3247 | 459223 |
| &nbsp;&nbsp;&nbsp;&nbsp;NiSource, Inc. | 5791 | 250750 |
| &nbsp;&nbsp;&nbsp;&nbsp;Public Service Enterprise Group, Inc. | 8415 | 702316 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sempra | 5686 | 511626 |
| &nbsp;&nbsp;&nbsp;&nbsp;WEC Energy Group, Inc. | 4154 | 476007 |
|  |  | 4716015 |
| ***Oil, Gas & Consumable Fuels — 2.3%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Antero Midstream Corp. | 3600 | 69984 |
| &nbsp;&nbsp;&nbsp;&nbsp;Antero Resources Corp. \* | 3300 | 110748 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cheniere Energy, Inc. | 3531 | 829714 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chevron Corp. | 18969 | 2945696 |
| &nbsp;&nbsp;&nbsp;&nbsp;ConocoPhillips | 17157 | 1622881 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coterra Energy, Inc. | 8623 | 203934 |
| &nbsp;&nbsp;&nbsp;&nbsp;Devon Energy Corp. | 4928 | 172776 |
| &nbsp;&nbsp;&nbsp;&nbsp;Diamondback Energy, Inc. | 1132 | 161989 |
| &nbsp;&nbsp;&nbsp;&nbsp;DT Midstream, Inc. | 1111 | 125610 |
| &nbsp;&nbsp;&nbsp;&nbsp;EOG Resources, Inc. | 6790 | 761295 |
| &nbsp;&nbsp;&nbsp;&nbsp;EQT Corp. | 3800 | 206834 |
| &nbsp;&nbsp;&nbsp;&nbsp;Expand Energy Corp. | 1555 | 165203 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exxon Mobil Corp. | 43286 | 4880496 |
| &nbsp;&nbsp;&nbsp;&nbsp;HF Sinclair Corp. | 2161 | 113107 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kinder Morgan, Inc. | 8265 | 233982 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marathon Petroleum Corp. | 2105 | 405718 |
| &nbsp;&nbsp;&nbsp;&nbsp;Matador Resources Co. | 1362 | 61195 |
| &nbsp;&nbsp;&nbsp;&nbsp;Occidental Petroleum Corp. | 12838 | 606595 |
| &nbsp;&nbsp;&nbsp;&nbsp;ONEOK, Inc. | 6204 | 452706 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ovintiv, Inc. | 3035 | 122553 |
| &nbsp;&nbsp;&nbsp;&nbsp;Phillips 66 | 2402 | 326720 |
| &nbsp;&nbsp;&nbsp;&nbsp;Range Resources Corp. | 3129 | 117776 |
| &nbsp;&nbsp;&nbsp;&nbsp;Targa Resources Corp. | 1997 | 334577 |
| &nbsp;&nbsp;&nbsp;&nbsp;Texas Pacific Land Corp. | 174 | 162453 |
| &nbsp;&nbsp;&nbsp;&nbsp;Valero Energy Corp. | 2058 | 350395 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vitesse Energy, Inc. | 190 | 4414 |
| &nbsp;&nbsp;&nbsp;&nbsp;Williams Cos., Inc. (The) | 11984 | 759186 |
|  |  | 16308537 |
| ***Paper & Forest Products — 0.0%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Louisiana-Pacific Corp. | 1020 | 90617 |
| ***Passenger Airlines — 0.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;American Airlines Group, Inc. \* | 4400 | 49456 |
| &nbsp;&nbsp;&nbsp;&nbsp;Delta Air Lines, Inc. | 4487 | 254637 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southwest Airlines Co. @ | 5800 | 185078 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Airlines Holdings, Inc. \* | 2884 | 278306 |
|  |  | 767477 |
| ***Personal Products — 0.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Estee Lauder Cos., Inc. (The), Class A | 2891 | 254755 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kenvue, Inc. | 29296 | 475474 |
|  |  | 730229 |
| ***Pharmaceuticals — 3.4%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bristol-Myers Squibb Co. | 15925 | 718217 |
| &nbsp;&nbsp;&nbsp;&nbsp;Elanco Animal Health, Inc. \*@ | 4517 | 90972 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eli Lilly & Co. | 15510 | 11834130 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jazz Pharmaceuticals PLC \* | 1092 | 143926 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | **SHARES** | **VALUE†** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Johnson & Johnson | 34311 | $| 6361946 |
| &nbsp;&nbsp;&nbsp;&nbsp;Merck & Co., Inc. | 33114 |  | 2779258 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pfizer, Inc. | 40872 |  | 1041419 |
| &nbsp;&nbsp;&nbsp;&nbsp;Royalty Pharma PLC, Class A | 1519 |  | 53590 |
| &nbsp;&nbsp;&nbsp;&nbsp;Viatris, Inc. | 10369 |  | 102653 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zoetis, Inc. | 7207 |  | 1054528 |
|  |  |  | 24180639 |
| ***Professional Services — 0.8%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Amentum Holdings, Inc. \*@ | 206 |  | 4934 |
| &nbsp;&nbsp;&nbsp;&nbsp;Automatic Data Processing, Inc. | 6604 |  | 1938274 |
| &nbsp;&nbsp;&nbsp;&nbsp;Booz Allen Hamilton Holding Corp. | 3323 |  | 332134 |
| &nbsp;&nbsp;&nbsp;&nbsp;Broadridge Financial Solutions, Inc. | 1911 |  | 455143 |
| &nbsp;&nbsp;&nbsp;&nbsp;CACI International, Inc., Class A \* | 457 |  | 227942 |
| &nbsp;&nbsp;&nbsp;&nbsp;Concentrix Corp. @ | 144 |  | 6646 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equifax, Inc. | 1224 |  | 313993 |
| &nbsp;&nbsp;&nbsp;&nbsp;ExlService Holdings, Inc. \* | 1320 |  | 58120 |
| &nbsp;&nbsp;&nbsp;&nbsp;Genpact Ltd. | 2839 |  | 118926 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jacobs Solutions, Inc. | 195 |  | 29223 |
| &nbsp;&nbsp;&nbsp;&nbsp;KBR, Inc. | 2177 |  | 102950 |
| &nbsp;&nbsp;&nbsp;&nbsp;Leidos Holdings, Inc. | 1015 |  | 191794 |
| &nbsp;&nbsp;&nbsp;&nbsp;Parsons Corp. \*@ | 540 |  | 44777 |
| &nbsp;&nbsp;&nbsp;&nbsp;Paychex, Inc. | 5549 |  | 703391 |
| &nbsp;&nbsp;&nbsp;&nbsp;Paycom Software, Inc. | 888 |  | 184828 |
| &nbsp;&nbsp;&nbsp;&nbsp;Paylocity Holding Corp. \* | 668 |  | 106392 |
| &nbsp;&nbsp;&nbsp;&nbsp;SS&C Technologies Holdings, Inc. | 3246 |  | 288115 |
| &nbsp;&nbsp;&nbsp;&nbsp;TransUnion | 2099 |  | 175854 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verisk Analytics, Inc. | 2746 |  | 690646 |
|  |  |  | 5974082 |
| ***Real Estate Management & Development — 0.1%*** | ***Real Estate Management & Development — 0.1%*** | ***Real Estate Management & Development — 0.1%*** | ***Real Estate Management & Development — 0.1%*** |
| &nbsp;&nbsp;&nbsp;&nbsp;CBRE Group, Inc., Class A \* | 2928 |  | 461336 |
| &nbsp;&nbsp;&nbsp;&nbsp;CoStar Group, Inc. \* | 2760 |  | 232861 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jones Lang LaSalle, Inc. \* | 303 |  | 90379 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zillow Group, Inc., Class A \*@ | 436 |  | 32456 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zillow Group, Inc., Class C \* | 1159 |  | 89301 |
|  |  |  | 906333 |
| ***Semiconductors & Semiconductor Equipment — 12.3%*** | ***Semiconductors & Semiconductor Equipment — 12.3%*** | ***Semiconductors & Semiconductor Equipment — 12.3%*** | ***Semiconductors & Semiconductor Equipment — 12.3%*** |
| &nbsp;&nbsp;&nbsp;&nbsp;Advanced Micro Devices, Inc. \* | 10551 |  | 1707046 |
| &nbsp;&nbsp;&nbsp;&nbsp;Analog Devices, Inc. | 3195 |  | 785012 |
| &nbsp;&nbsp;&nbsp;&nbsp;Applied Materials, Inc. | 10240 |  | 2096538 |
| &nbsp;&nbsp;&nbsp;&nbsp;Astera Labs, Inc. \* | 494 |  | 96725 |
| &nbsp;&nbsp;&nbsp;&nbsp;Broadcom, Inc. | 47350 |  | 15621238 |
| &nbsp;&nbsp;&nbsp;&nbsp;Credo Technology Group Holding Ltd. \* | 400 |  | 58244 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enphase Energy, Inc. \* | 1883 |  | 66639 |
| &nbsp;&nbsp;&nbsp;&nbsp;Entegris, Inc. @ | 1569 |  | 145070 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Solar, Inc. \* | 1023 |  | 225602 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intel Corp. \* | 28850 |  | 967918 |
| &nbsp;&nbsp;&nbsp;&nbsp;KLA Corp. | 2548 |  | 2748273 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lam Research Corp. | 20284 |  | 2716028 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lattice Semiconductor Corp. \* | 859 |  | 62982 |
| &nbsp;&nbsp;&nbsp;&nbsp;MACOM Technology Solutions Holdings, Inc. \* | 654 |  | 81416 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marvell Technology, Inc. | 6331 |  | 532247 |
| &nbsp;&nbsp;&nbsp;&nbsp;Microchip Technology, Inc. | 7490 |  | 481008 |
| &nbsp;&nbsp;&nbsp;&nbsp;Micron Technology, Inc. | 7907 |  | 1322999 |
| &nbsp;&nbsp;&nbsp;&nbsp;Monolithic Power Systems, Inc. | 470 |  | 432701 |
| &nbsp;&nbsp;&nbsp;&nbsp;NVIDIA Corp. | 271796 |  | 50711698 |
| &nbsp;&nbsp;&nbsp;&nbsp;NXP Semiconductors NV | 1369 |  | 311762 |
| &nbsp;&nbsp;&nbsp;&nbsp;ON Semiconductor Corp. \* | 4226 |  | 208384 |
| &nbsp;&nbsp;&nbsp;&nbsp;Qorvo, Inc. \* | 855 |  | 77873 |
| &nbsp;&nbsp;&nbsp;&nbsp;QUALCOMM, Inc. | 16133 |  | 2683886 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rambus, Inc. \* | 627 |  | 65333 |
| &nbsp;&nbsp;&nbsp;&nbsp;Skyworks Solutions, Inc. | 1474 |  | 113469 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teradyne, Inc. | 1789 |  | 246238 |
| &nbsp;&nbsp;&nbsp;&nbsp;Texas Instruments, Inc. | 11823 |  | 2172240 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA U.S. Core Market Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***Semiconductors & Semiconductor Equipment (Continued)*** | ***Semiconductors & Semiconductor Equipment (Continued)*** | ***Semiconductors & Semiconductor Equipment (Continued)*** |
| &nbsp;&nbsp;&nbsp;&nbsp;Universal Display Corp. | 491 | $70522 |
|  |  | 86809091 |
| ***Software — 9.3%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Adobe, Inc. \* | 6816 | 2404344 |
| &nbsp;&nbsp;&nbsp;&nbsp;Appfolio, Inc., Class A \* | 96 | 26463 |
| &nbsp;&nbsp;&nbsp;&nbsp;AppLovin Corp., Class A \* | 1162 | 834943 |
| &nbsp;&nbsp;&nbsp;&nbsp;Atlassian Corp., Class A \* | 1245 | 198827 |
| &nbsp;&nbsp;&nbsp;&nbsp;Autodesk, Inc. \* | 2329 | 739853 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bentley Systems, Inc., Class B | 2343 | 120618 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cadence Design Systems, Inc. \* | 2639 | 926975 |
| &nbsp;&nbsp;&nbsp;&nbsp;CCC Intelligent Solutions Holdings, Inc. \*@ | 3847 | 35046 |
| &nbsp;&nbsp;&nbsp;&nbsp;Crowdstrike Holdings, Inc., Class A \* | 825 | 404564 |
| &nbsp;&nbsp;&nbsp;&nbsp;Datadog, Inc., Class A \* | 784 | 111642 |
| &nbsp;&nbsp;&nbsp;&nbsp;DocuSign, Inc. \* | 1359 | 97970 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dolby Laboratories, Inc., Class A | 938 | 67883 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dropbox, Inc., Class A \* | 3142 | 94920 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dynatrace, Inc. \* | 1205 | 58382 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fair Isaac Corp. \* | 310 | 463924 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fortinet, Inc. \* | 10538 | 886035 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gen Digital, Inc. | 3818 | 108393 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guidewire Software, Inc. \* | 488 | 112172 |
| &nbsp;&nbsp;&nbsp;&nbsp;HubSpot, Inc. \* | 406 | 189927 |
| &nbsp;&nbsp;&nbsp;&nbsp;InterDigital, Inc. @ | 105 | 36249 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intuit, Inc. | 2700 | 1843857 |
| &nbsp;&nbsp;&nbsp;&nbsp;Manhattan Associates, Inc. \* | 1022 | 209490 |
| &nbsp;&nbsp;&nbsp;&nbsp;Microsoft Corp. | 75928 | 39326908 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nutanix, Inc., Class A \* | 1918 | 142680 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oracle Corp. | 26244 | 7380863 |
| &nbsp;&nbsp;&nbsp;&nbsp;Palantir Technologies, Inc., Class A \* | 13943 | 2543482 |
| &nbsp;&nbsp;&nbsp;&nbsp;Palo Alto Networks, Inc. \* | 6022 | 1226200 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pegasystems, Inc. | 1150 | 66125 |
| &nbsp;&nbsp;&nbsp;&nbsp;PTC, Inc. \* | 1031 | 209314 |
| &nbsp;&nbsp;&nbsp;&nbsp;Roper Technologies, Inc. | 709 | 353571 |
| &nbsp;&nbsp;&nbsp;&nbsp;Salesforce, Inc. | 6219 | 1473903 |
| &nbsp;&nbsp;&nbsp;&nbsp;SentinelOne, Inc., Class A \* | 2184 | 38460 |
| &nbsp;&nbsp;&nbsp;&nbsp;ServiceNow, Inc. \* | 1553 | 1429195 |
| &nbsp;&nbsp;&nbsp;&nbsp;SPS Commerce, Inc. \* | 393 | 40927 |
| &nbsp;&nbsp;&nbsp;&nbsp;Synopsys, Inc. \* | 1401 | 691239 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tyler Technologies, Inc. \* | 290 | 151716 |
| &nbsp;&nbsp;&nbsp;&nbsp;Workday, Inc., Class A \* | 981 | 236156 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zoom Communications, Inc. \* | 832 | 68640 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zscaler, Inc. \* | 705 | 211260 |
|  |  | 65563116 |
| ***Specialty Retail — 2.5%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AutoNation, Inc. \* | 654 | 143076 |
| &nbsp;&nbsp;&nbsp;&nbsp;AutoZone, Inc. \* | 216 | 926692 |
| &nbsp;&nbsp;&nbsp;&nbsp;Best Buy Co., Inc. | 3983 | 301194 |
| &nbsp;&nbsp;&nbsp;&nbsp;Burlington Stores, Inc. \* | 571 | 145320 |
| &nbsp;&nbsp;&nbsp;&nbsp;CarMax, Inc. \* | 1900 | 85253 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carvana Co. \* | 1226 | 462496 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chewy, Inc., Class A \* | 1711 | 69210 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dick's Sporting Goods, Inc. | 946 | 210220 |
| &nbsp;&nbsp;&nbsp;&nbsp;Floor & Decor Holdings, Inc., Class A \* | 701 | 51664 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gap, Inc. (The) | 1878 | 40170 |
| &nbsp;&nbsp;&nbsp;&nbsp;Group 1 Automotive, Inc. | 57 | 24938 |
| &nbsp;&nbsp;&nbsp;&nbsp;Home Depot, Inc. (The) | 18549 | 7515869 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lithia Motors, Inc. | 199 | 62884 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Lowe's Cos., Inc. | 7209 | $1811694 |
| &nbsp;&nbsp;&nbsp;&nbsp;Murphy USA, Inc. | 374 | 145209 |
| &nbsp;&nbsp;&nbsp;&nbsp;O'Reilly Automotive, Inc. \* | 10919 | 1177177 |
| &nbsp;&nbsp;&nbsp;&nbsp;Penske Automotive Group, Inc. @ | 257 | 44695 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ross Stores, Inc. | 5249 | 799895 |
| &nbsp;&nbsp;&nbsp;&nbsp;TJX Cos., Inc. (The) | 17881 | 2584520 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tractor Supply Co. | 8525 | 484817 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ulta Beauty, Inc. \* | 736 | 402408 |
| &nbsp;&nbsp;&nbsp;&nbsp;Valvoline, Inc. \* | 466 | 16734 |
| &nbsp;&nbsp;&nbsp;&nbsp;Williams-Sonoma, Inc. | 1957 | 382496 |
|  |  | 17888631 |
| ***Textiles, Apparel & Luxury Goods — 0.3%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Deckers Outdoor Corp. \* | 2200 | 223014 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lululemon Athletica, Inc. \* | 2254 | 401054 |
| &nbsp;&nbsp;&nbsp;&nbsp;NIKE, Inc., Class B | 11592 | 808310 |
| &nbsp;&nbsp;&nbsp;&nbsp;PVH Corp. | 1 | 84 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ralph Lauren Corp. | 507 | 158975 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tapestry, Inc. | 2865 | 324375 |
| &nbsp;&nbsp;&nbsp;&nbsp;VF Corp. @ | 1109 | 16003 |
|  |  | 1931815 |
| ***Tobacco — 0.7%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Altria Group, Inc. | 23551 | 1555779 |
| &nbsp;&nbsp;&nbsp;&nbsp;Philip Morris International, Inc. | 20007 | 3245135 |
|  |  | 4800914 |
| ***Trading Companies & Distributors — 0.5%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Air Lease Corp. | 1296 | 82490 |
| &nbsp;&nbsp;&nbsp;&nbsp;Applied Industrial Technologies, Inc. | 374 | 97633 |
| &nbsp;&nbsp;&nbsp;&nbsp;Core & Main, Inc., Class A \* | 1729 | 93072 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fastenal Co. | 14906 | 730990 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ferguson Enterprises, Inc. | 332 | 74561 |
| &nbsp;&nbsp;&nbsp;&nbsp;FTAI Aviation Ltd. | 961 | 160353 |
| &nbsp;&nbsp;&nbsp;&nbsp;GATX Corp. | 410 | 71668 |
| &nbsp;&nbsp;&nbsp;&nbsp;SiteOne Landscape Supply, Inc. \* | 454 | 58475 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Rentals, Inc. | 1035 | 988073 |
| &nbsp;&nbsp;&nbsp;&nbsp;Watsco, Inc. | 357 | 144335 |
| &nbsp;&nbsp;&nbsp;&nbsp;WESCO International, Inc. | 596 | 126054 |
| &nbsp;&nbsp;&nbsp;&nbsp;WW Grainger, Inc. | 720 | 686131 |
|  |  | 3313835 |
| ***Water Utilities — 0.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;American Water Works Co., Inc. | 3475 | 483685 |
| &nbsp;&nbsp;&nbsp;&nbsp;Essential Utilities, Inc. | 3662 | 146114 |
|  |  | 629799 |
| ***Wireless Telecommunication Services — 0.2%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;T-Mobile U.S., Inc. | 7083 | 1695529 |
| &nbsp;&nbsp;&nbsp;&nbsp;TOTAL COMMON STOCKS <br> (Identified Cost $96,146,783) |  | 672918316 |
| **MUTUAL FUNDS — 4.3%** |  |  |
| ***Others — 4.3%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;DFA U.S. Micro Cap Portfolio | 981178 | 30230082 |
| &nbsp;&nbsp;&nbsp;&nbsp;TOTAL MUTUAL FUNDS <br> (Identified Cost $11,350,971) |  | 30230082 |
| **SHORT-TERM INVESTMENTS — 0.2%** |  |  |
| ***Investment Company — 0.2%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Institutional U.S. Government Money Market Fund 3.840% | 1224933 | 1224933 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA U.S. Core Market Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **SHORT-TERM INVESTMENTS (continued)** | **SHORT-TERM INVESTMENTS (continued)** | **SHORT-TERM INVESTMENTS (continued)** |
| ***Collateral For Securities On Loan — 0.0%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Navigator Securities Lending Government Money Market Portfolio 4.180% | 54670 | $54670 |
| &nbsp;&nbsp;&nbsp;&nbsp;TOTAL SHORT-TERM INVESTMENTS <br> (Identified Cost $1,279,603) |  | 1279603 |
| **Total Investments — 100.0% <br> (Identified Cost $108,777,357)** |  | **704428001** |
| &nbsp;&nbsp;&nbsp;&nbsp;Liabilities in excess of Cash and Other Assets — 0.0% |  | (267324) |
| **Net Assets — 100.0%** |  | $**704160677** |

---

---

| | |
|:---|:---|
| † | See Note 1 |
| \* | Non-income producing security |
| @ | A portion or all of the security was held on loan. As of September 30, 2025, the fair value of the securities on loan was $2,410,721. |
| ¶ | Contingent value rights based on future performance. |
| § | Fair valued security. Security is valued using significant unobservable inputs as determined pursuant to procedures approved by the Fund's Board of Trustees. See Note 1 |

---

Key to abbreviations

CVR — Contingent Value Rights

*The accompanying notes are an integral part of these portfolio of investments.*

**SA U.S. Value Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS — 99.7%** |  |  |
| ***Aerospace & Defense — 2.5%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;General Dynamics Corp. | 7826 | $2668666 |
| &nbsp;&nbsp;&nbsp;&nbsp;L3Harris Technologies, Inc. | 6055 | 1849258 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northrop Grumman Corp. | 4864 | 2963732 |
| &nbsp;&nbsp;&nbsp;&nbsp;RTX Corp. | 36091 | 6039107 |
| &nbsp;&nbsp;&nbsp;&nbsp;Textron, Inc. | 5430 | 458781 |
|  |  | 13979544 |
| ***Air Freight & Logistics — 0.8%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;FedEx Corp. | 16968 | 4001224 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Parcel Service, Inc., Class B | 4156 | 347151 |
|  |  | 4348375 |
| ***Automobile Components — 0.2%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;BorgWarner, Inc. | 24241 | 1065634 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gentex Corp. | 863 | 24423 |
|  |  | 1090057 |
| ***Automobiles — 1.4%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ford Motor Co. | 170891 | 2043856 |
| &nbsp;&nbsp;&nbsp;&nbsp;General Motors Co. | 94212 | 5744106 |
|  |  | 7787962 |
| ***Beverages — 0.4%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Constellation Brands, Inc., Class A | 10451 | 1407436 |
| &nbsp;&nbsp;&nbsp;&nbsp;Keurig Dr Pepper, Inc. | 27263 | 695479 |
|  |  | 2102915 |
| ***Biotechnology — 1.0%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Biogen, Inc. \* | 4545 | 636664 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gilead Sciences, Inc. | 24769 | 2749359 |
| &nbsp;&nbsp;&nbsp;&nbsp;Regeneron Pharmaceuticals, Inc. | 3232 | 1817257 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Therapeutics Corp. \* | 683 | 286320 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vertex Pharmaceuticals, Inc. \* | 221 | 86552 |
|  |  | 5576152 |
| ***Broadline Retail — 0.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;eBay, Inc. | 8881 | 807727 |
| ***Building Products — 1.2%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Builders FirstSource, Inc. \* | 4921 | 596671 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carrier Global Corp. | 22435 | 1339370 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fortune Brands Innovations, Inc. | 7486 | 399678 |
| &nbsp;&nbsp;&nbsp;&nbsp;Johnson Controls International PLC | 34370 | 3778981 |
| &nbsp;&nbsp;&nbsp;&nbsp;Owens Corning | 3518 | 497656 |
|  |  | 6612356 |
| ***Capital Markets — 4.3%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of New York Mellon Corp. (The) | 40775 | 4442844 |
| &nbsp;&nbsp;&nbsp;&nbsp;Franklin Resources, Inc. | 5210 | 120507 |
| &nbsp;&nbsp;&nbsp;&nbsp;Goldman Sachs Group, Inc. (The) | 10455 | 8325839 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jefferies Financial Group, Inc. | 3256 | 213007 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morgan Stanley | 52586 | 8359071 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Trust Corp. | 938 | 126255 |
| &nbsp;&nbsp;&nbsp;&nbsp;Raymond James Financial, Inc. | 4361 | 752709 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Corp. | 10112 | 1173093 |
| &nbsp;&nbsp;&nbsp;&nbsp;T Rowe Price Group, Inc. | 1285 | 131892 |
|  |  | 23645217 |
| ***Chemicals — 2.5%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Air Products & Chemicals, Inc. | 5579 | 1521505 |
| &nbsp;&nbsp;&nbsp;&nbsp;CF Industries Holdings, Inc. | 7041 | 631578 |
| &nbsp;&nbsp;&nbsp;&nbsp;Corteva, Inc. | 18513 | 1252034 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dow, Inc. | 16 | 367 |
| &nbsp;&nbsp;&nbsp;&nbsp;DuPont de Nemours, Inc. | 10913 | 850123 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eastman Chemical Co. | 11080 | 698594 |
| &nbsp;&nbsp;&nbsp;&nbsp;International Flavors & Fragrances, Inc. | 5249 | 323023 |
| &nbsp;&nbsp;&nbsp;&nbsp;Linde PLC | 13102 | 6223450 |
| &nbsp;&nbsp;&nbsp;&nbsp;LyondellBasell Industries NV, Class A | 18176 | 891351 |
| &nbsp;&nbsp;&nbsp;&nbsp;PPG Industries, Inc. | 8879 | 933272 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Westlake Corp. | 4853 | $373972 |
|  |  | 13699269 |
| ***Commercial Banks — 11.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of America Corp. | 90136 | 4650116 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citigroup, Inc. | 42851 | 4349376 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citizens Financial Group, Inc. | 15595 | 829030 |
| &nbsp;&nbsp;&nbsp;&nbsp;East West Bancorp, Inc. | 2390 | 254415 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fifth Third Bancorp | 70601 | 3145275 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Citizens Bancshares, Inc., Class A | 153 | 273741 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huntington Bancshares, Inc. | 72900 | 1258983 |
| &nbsp;&nbsp;&nbsp;&nbsp;JPMorgan Chase & Co. | 85134 | 26853818 |
| &nbsp;&nbsp;&nbsp;&nbsp;KeyCorp | 33936 | 634264 |
| &nbsp;&nbsp;&nbsp;&nbsp;M&T Bank Corp. | 3759 | 742854 |
| &nbsp;&nbsp;&nbsp;&nbsp;PNC Financial Services Group, Inc. (The) | 11566 | 2323956 |
| &nbsp;&nbsp;&nbsp;&nbsp;Regions Financial Corp. | 119937 | 3162739 |
| &nbsp;&nbsp;&nbsp;&nbsp;Truist Financial Corp. | 45621 | 2085792 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Bancorp | 40031 | 1934698 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wells Fargo & Co. | 105791 | 8867402 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zions Bancorp NA | 4424 | 250310 |
|  |  | 61616769 |
| ***Commercial Services & Supplies — 0.3%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Copart, Inc. \* | 5175 | 232720 |
| &nbsp;&nbsp;&nbsp;&nbsp;Republic Services, Inc. | 5600 | 1285088 |
|  |  | 1517808 |
| ***Communications Equipment — 1.8%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Cisco Systems, Inc. | 139870 | 9569905 |
| &nbsp;&nbsp;&nbsp;&nbsp;F5, Inc. \* | 869 | 280852 |
|  |  | 9850757 |
| ***Computers & Peripherals — 1.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dell Technologies, Inc., Class C | 861 | 122064 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hewlett Packard Enterprise Co. | 141847 | 3483762 |
| &nbsp;&nbsp;&nbsp;&nbsp;HP, Inc. | 4715 | 128390 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sandisk Corp. \* | 5006 | 561673 |
| &nbsp;&nbsp;&nbsp;&nbsp;Western Digital Corp. | 14522 | 1743511 |
|  |  | 6039400 |
| ***Construction Materials — 1.4%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;CRH PLC | 22392 | 2684801 |
| &nbsp;&nbsp;&nbsp;&nbsp;Martin Marietta Materials, Inc. | 4136 | 2606838 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vulcan Materials Co. | 7957 | 2447732 |
|  |  | 7739371 |
| ***Consumer Finance — 1.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ally Financial, Inc. | 10944 | 429005 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital One Financial Corp. | 19204 | 4082386 |
| &nbsp;&nbsp;&nbsp;&nbsp;Synchrony Financial | 25544 | 1814901 |
|  |  | 6326292 |
| ***Consumer Staples Distribution & Retail — 1.3%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Casey's General Stores, Inc. | 1143 | 646161 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dollar General Corp. | 4555 | 470759 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dollar Tree, Inc. \* | 12596 | 1188685 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kroger Co. (The) | 41321 | 2785449 |
| &nbsp;&nbsp;&nbsp;&nbsp;Target Corp. | 16536 | 1483279 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Foods Holding Corp. \* | 11078 | 848796 |
|  |  | 7423129 |
| ***Containers & Packaging — 0.5%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Amcor PLC | 20769 | 169891 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ball Corp. | 6731 | 339377 |
| &nbsp;&nbsp;&nbsp;&nbsp;International Paper Co. | 36643 | 1700235 |
| &nbsp;&nbsp;&nbsp;&nbsp;Packaging Corp. of America | 2898 | 631561 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sonoco Products Co. | 611 | 26328 |
|  |  | 2867392 |
| ***Distributors — 0.2%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Genuine Parts Co. | 2990 | 414414 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA U.S. Value Fund**

PORTFOLIO OF INVESTMENTS — AS OF SEPTEMBER 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***Distributors (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;LKQ Corp. | 22668 | $692281 |
|  |  | 1106695 |
| ***Diversified Telecommunication Services — 2.7%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AT&T, Inc. | 287354 | 8114877 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verizon Communications, Inc. | 156451 | 6876021 |
|  |  | 14990898 |
| ***Electrical Equipment — 0.7%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AMETEK, Inc. | 6575 | 1236100 |
| &nbsp;&nbsp;&nbsp;&nbsp;Emerson Electric Co. | 20374 | 2672661 |
| &nbsp;&nbsp;&nbsp;&nbsp;NEXTracker, Inc., Class A \* | 695 | 51423 |
|  |  | 3960184 |
| ***Electronic Equipment, Instruments & Components — 2.3%*** | ***Electronic Equipment, Instruments & Components — 2.3%*** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Corning, Inc. | 73672 | 6043314 |
| &nbsp;&nbsp;&nbsp;&nbsp;Flex Ltd. \* | 23432 | 1358353 |
| &nbsp;&nbsp;&nbsp;&nbsp;Keysight Technologies, Inc. \* | 1802 | 315206 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ralliant Corp. | 2437 | 106570 |
| &nbsp;&nbsp;&nbsp;&nbsp;TD SYNNEX Corp. | 1605 | 262819 |
| &nbsp;&nbsp;&nbsp;&nbsp;TE Connectivity PLC | 19914 | 4371720 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teledyne Technologies, Inc. \* | 243 | 142408 |
|  |  | 12600390 |
| ***Energy Equipment & Services — 0.9%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Baker Hughes Co. | 54341 | 2647493 |
| &nbsp;&nbsp;&nbsp;&nbsp;Halliburton Co. | 10538 | 259235 |
| &nbsp;&nbsp;&nbsp;&nbsp;Schlumberger NV | 55242 | 1898668 |
|  |  | 4805396 |
| ***Entertainment — 1.0%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Electronic Arts, Inc. | 9241 | 1863910 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liberty Media Corp.-Liberty Formula One, Class A \* | 1097 | 104456 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liberty Media Corp.-Liberty Formula One, Class C \* | 2194 | 229163 |
| &nbsp;&nbsp;&nbsp;&nbsp;Walt Disney Co. (The) | 21229 | 2430721 |
| &nbsp;&nbsp;&nbsp;&nbsp;Warner Bros Discovery, Inc. \* | 63964 | 1249217 |
|  |  | 5877467 |
| ***Financial Services — 3.3%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Berkshire Hathaway, Inc., Class B \* | 25243 | 12690666 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fidelity National Information Services, Inc. | 27979 | 1844935 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fiserv, Inc. \* | 11916 | 1536330 |
| &nbsp;&nbsp;&nbsp;&nbsp;Global Payments, Inc. | 7128 | 592194 |
| &nbsp;&nbsp;&nbsp;&nbsp;PayPal Holdings, Inc. \* | 24719 | 1657656 |
|  |  | 18321781 |
| ***Food Products — 1.9%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Archer-Daniels-Midland Co. | 24965 | 1491409 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bunge Global SA | 7718 | 627088 |
| &nbsp;&nbsp;&nbsp;&nbsp;Campbell's Co. (The) | 3702 | 116909 |
| &nbsp;&nbsp;&nbsp;&nbsp;Conagra Brands, Inc. | 8302 | 152010 |
| &nbsp;&nbsp;&nbsp;&nbsp;General Mills, Inc. | 38095 | 1920750 |
| &nbsp;&nbsp;&nbsp;&nbsp;J.M. Smucker Co. (The) | 880 | 95568 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kraft Heinz Co. (The) | 20920 | 544757 |
| &nbsp;&nbsp;&nbsp;&nbsp;McCormick & Co., Inc. | 1921 | 128534 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mondelez International, Inc., Class A | 51728 | 3231448 |
| &nbsp;&nbsp;&nbsp;&nbsp;Post Holdings, Inc. \* | 973 | 104578 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tyson Foods, Inc., Class A | 41844 | 2272129 |
|  |  | 10685180 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| ***Ground Transportation — 1.5%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;CSX Corp. | 93289 | $3312693 |
| &nbsp;&nbsp;&nbsp;&nbsp;Norfolk Southern Corp. | 14303 | 4296764 |
| &nbsp;&nbsp;&nbsp;&nbsp;U-Haul Holding Co. \* | 1815 | 103582 |
| &nbsp;&nbsp;&nbsp;&nbsp;U-Haul Holding Co. | 11881 | 604743 |
|  |  | 8317782 |
| ***Health Care Equipment & Supplies — 2.7%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Abbott Laboratories | 35000 | 4687900 |
| &nbsp;&nbsp;&nbsp;&nbsp;Becton Dickinson & Co. | 9685 | 1812742 |
| &nbsp;&nbsp;&nbsp;&nbsp;Edwards Lifesciences Corp. \* | 7417 | 576820 |
| &nbsp;&nbsp;&nbsp;&nbsp;GE HealthCare Technologies, Inc. | 24661 | 1852041 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hologic, Inc. \* | 5323 | 359249 |
| &nbsp;&nbsp;&nbsp;&nbsp;Medtronic PLC | 35985 | 3427211 |
| &nbsp;&nbsp;&nbsp;&nbsp;ResMed, Inc. | 1393 | 381306 |
| &nbsp;&nbsp;&nbsp;&nbsp;STERIS PLC | 3097 | 766322 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stryker Corp. | 1210 | 447301 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zimmer Biomet Holdings, Inc. | 8154 | 803169 |
|  |  | 15114061 |
| ***Health Care Providers & Services — 5.8%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Centene Corp. \* | 19196 | 684913 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cigna Group (The) | 18662 | 5379322 |
| &nbsp;&nbsp;&nbsp;&nbsp;CVS Health Corp. | 58448 | 4406395 |
| &nbsp;&nbsp;&nbsp;&nbsp;Elevance Health, Inc. | 9306 | 3006955 |
| &nbsp;&nbsp;&nbsp;&nbsp;Henry Schein, Inc. \* | 3777 | 250679 |
| &nbsp;&nbsp;&nbsp;&nbsp;Humana, Inc. | 6723 | 1749123 |
| &nbsp;&nbsp;&nbsp;&nbsp;Labcorp Holdings, Inc. | 12677 | 3639060 |
| &nbsp;&nbsp;&nbsp;&nbsp;Quest Diagnostics, Inc. | 18783 | 3579664 |
| &nbsp;&nbsp;&nbsp;&nbsp;UnitedHealth Group, Inc. | 27077 | 9349688 |
| &nbsp;&nbsp;&nbsp;&nbsp;Universal Health Services, Inc., Class B | 1221 | 249621 |
|  |  | 32295420 |
| ***Hotels, Restaurants & Leisure — 0.4%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Aramark | 16117 | 618893 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carnival Corp. \* | 30892 | 893088 |
| &nbsp;&nbsp;&nbsp;&nbsp;Flutter Entertainment PLC \* | 2261 | 574294 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hyatt Hotels Corp., Class A | 643 | 91261 |
| &nbsp;&nbsp;&nbsp;&nbsp;MGM Resorts International \* | 2440 | 84570 |
|  |  | 2262106 |
| ***Household Durables — 2.8%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;DR Horton, Inc. | 29895 | 5066306 |
| &nbsp;&nbsp;&nbsp;&nbsp;Garmin Ltd. | 11585 | 2852459 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lennar Corp., Class A | 21583 | 2720321 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lennar Corp., Class B @ | 573 | 68754 |
| &nbsp;&nbsp;&nbsp;&nbsp;NVR, Inc. \* | 15 | 120520 |
| &nbsp;&nbsp;&nbsp;&nbsp;PulteGroup, Inc. | 34007 | 4493345 |
|  |  | 15321705 |
| ***Household Products — 0.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Church & Dwight Co., Inc. | 483 | 42325 |
| &nbsp;&nbsp;&nbsp;&nbsp;Procter & Gamble Co. (The) | 2329 | 357851 |
|  |  | 400176 |
| ***Insurance — 5.5%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Aflac, Inc. | 32730 | 3655941 |
| &nbsp;&nbsp;&nbsp;&nbsp;Allstate Corp. (The) | 2943 | 631715 |
| &nbsp;&nbsp;&nbsp;&nbsp;American International Group, Inc. | 29118 | 2286928 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arch Capital Group Ltd. | 18837 | 1709081 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chubb Ltd. | 11440 | 3228940 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cincinnati Financial Corp. | 370 | 58497 |
| &nbsp;&nbsp;&nbsp;&nbsp;Everest Group Ltd. | 614 | 215041 |
| &nbsp;&nbsp;&nbsp;&nbsp;F&G Annuities & Life, Inc. | 103 | 3221 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA U.S. Value Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***Insurance (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Fidelity National Financial, Inc. | 1515 | $91642 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hartford Insurance Group, Inc. (The) | 39925 | 5325596 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lincoln National Corp. | 9516 | 383780 |
| &nbsp;&nbsp;&nbsp;&nbsp;Loews Corp. | 5847 | 586980 |
| &nbsp;&nbsp;&nbsp;&nbsp;Markel Group, Inc. \* | 116 | 221718 |
| &nbsp;&nbsp;&nbsp;&nbsp;MetLife, Inc. | 16066 | 1323356 |
| &nbsp;&nbsp;&nbsp;&nbsp;Old Republic International Corp. | 5321 | 225983 |
| &nbsp;&nbsp;&nbsp;&nbsp;Principal Financial Group, Inc. | 26311 | 2181445 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prudential Financial, Inc. | 20923 | 2170552 |
| &nbsp;&nbsp;&nbsp;&nbsp;RenaissanceRe Holdings Ltd. | 60 | 15236 |
| &nbsp;&nbsp;&nbsp;&nbsp;Travelers Cos., Inc. (The) | 20385 | 5691900 |
| &nbsp;&nbsp;&nbsp;&nbsp;W R Berkley Corp. | 6200 | 475044 |
|  |  | 30482596 |
| ***Interactive Media & Services — 0.4%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc., Class A | 4717 | 1146702 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alphabet, Inc., Class C | 3574 | 870448 |
|  |  | 2017150 |
| ***IT Services — 1.0%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accenture PLC, Class A | 10310 | 2542446 |
| &nbsp;&nbsp;&nbsp;&nbsp;Akamai Technologies, Inc. \* | 1649 | 124928 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amdocs Ltd. | 6785 | 556709 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cognizant Technology Solutions Corp., Class A | 34305 | 2300837 |
| &nbsp;&nbsp;&nbsp;&nbsp;DXC Technology Co. \* | 2868 | 39091 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kyndryl Holdings, Inc. \* | 529 | 15886 |
|  |  | 5579897 |
| ***Life Sciences Tools & Services — 1.5%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Agilent Technologies, Inc. | 2143 | 275054 |
| &nbsp;&nbsp;&nbsp;&nbsp;Danaher Corp. | 19132 | 3793110 |
| &nbsp;&nbsp;&nbsp;&nbsp;IQVIA Holdings, Inc. \* | 4432 | 841814 |
| &nbsp;&nbsp;&nbsp;&nbsp;Thermo Fisher Scientific, Inc. | 7432 | 3604669 |
|  |  | 8514647 |
| ***Machinery — 4.5%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;CNH Industrial NV | 12374 | 134258 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cummins, Inc. | 10946 | 4623262 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deere & Co. | 6907 | 3158295 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dover Corp. | 6916 | 1153796 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fortive Corp. | 7311 | 358166 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ingersoll Rand, Inc. | 14939 | 1234260 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oshkosh Corp. | 984 | 127625 |
| &nbsp;&nbsp;&nbsp;&nbsp;Otis Worldwide Corp. | 23695 | 2166434 |
| &nbsp;&nbsp;&nbsp;&nbsp;PACCAR, Inc. | 35870 | 3526738 |
| &nbsp;&nbsp;&nbsp;&nbsp;Parker-Hannifin Corp. | 2741 | 2078089 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pentair PLC | 20400 | 2259504 |
| &nbsp;&nbsp;&nbsp;&nbsp;Snap-on, Inc. | 6351 | 2200812 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stanley Black & Decker, Inc. | 8515 | 632920 |
| &nbsp;&nbsp;&nbsp;&nbsp;Westinghouse Air Brake Technologies Corp. | 5333 | 1069107 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xylem, Inc. | 2684 | 395890 |
|  |  | 25119156 |
| ***Media — 1.9%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Charter Communications, Inc., Class A \*@ | 3154 | 867681 |
| &nbsp;&nbsp;&nbsp;&nbsp;Comcast Corp., Class A | 209490 | 6582176 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fox Corp., Class A | 23101 | 1456749 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fox Corp., Class B | 14510 | 831278 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interpublic Group of Cos., Inc. (The) | 21833 | 609359 |
| &nbsp;&nbsp;&nbsp;&nbsp;News Corp., Class A | 8320 | 255507 |
| &nbsp;&nbsp;&nbsp;&nbsp;News Corp., Class B | 1734 | 59910 |
| &nbsp;&nbsp;&nbsp;&nbsp;Paramount Skydance Corp. | 9989 | 188992 |
|  |  | 10851652 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | **SHARES** | **SHARES** | **VALUE†** |
| ***Metals & Mining — 2.5%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Freeport-McMoRan, Inc. |  | 106539 | $4178460 |
| &nbsp;&nbsp;&nbsp;&nbsp;Newmont Corp. |  | 42413 | 3575840 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nucor Corp. |  | 24294 | 3290136 |
| &nbsp;&nbsp;&nbsp;&nbsp;Reliance, Inc. |  | 3824 | 1073894 |
| &nbsp;&nbsp;&nbsp;&nbsp;Royal Gold, Inc. |  | 725 | 145421 |
| &nbsp;&nbsp;&nbsp;&nbsp;Steel Dynamics, Inc. |  | 10024 | 1397646 |
|  |  |  | 13661397 |
| ***Oil, Gas & Consumable Fuels — 9.7%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Chevron Corp. |  | 72346 | 11234610 |
| &nbsp;&nbsp;&nbsp;&nbsp;ConocoPhillips |  | 61108 | 5780206 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coterra Energy, Inc. |  | 19923 | 471179 |
| &nbsp;&nbsp;&nbsp;&nbsp;Devon Energy Corp. |  | 27320 | 957839 |
| &nbsp;&nbsp;&nbsp;&nbsp;Diamondback Energy, Inc. |  | 8816 | 1261570 |
| &nbsp;&nbsp;&nbsp;&nbsp;EOG Resources, Inc. |  | 26723 | 2996183 |
| &nbsp;&nbsp;&nbsp;&nbsp;EQT Corp. |  | 3853 | 209719 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exxon Mobil Corp. |  | 123057 | 13874677 |
| &nbsp;&nbsp;&nbsp;&nbsp;HF Sinclair Corp. |  | 471 | 24652 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kinder Morgan, Inc. |  | 75243 | 2130129 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marathon Petroleum Corp. |  | 24120 | 4648889 |
| &nbsp;&nbsp;&nbsp;&nbsp;Occidental Petroleum Corp. |  | 34021 | 1607492 |
| &nbsp;&nbsp;&nbsp;&nbsp;ONEOK, Inc. |  | 15562 | 1135559 |
| &nbsp;&nbsp;&nbsp;&nbsp;Phillips 66 |  | 11349 | 1543691 |
| &nbsp;&nbsp;&nbsp;&nbsp;Valero Energy Corp. |  | 17448 | 2970696 |
| &nbsp;&nbsp;&nbsp;&nbsp;Williams Cos., Inc. (The) |  | 48414 | 3067027 |
|  |  |  | 53914118 |
| ***Passenger Airlines — 0.8%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Delta Air Lines, Inc. |  | 37883 | 2149860 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southwest Airlines Co. @ |  | 18667 | 595664 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Airlines Holdings, Inc. \* |  | 17600 | 1698400 |
|  |  |  | 4443924 |
| ***Personal Products — 0.3%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Kenvue, Inc. |  | 113017 | 1834266 |
| ***Pharmaceuticals — 4.0%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bristol-Myers Squibb Co. |  | 51925 | 2341817 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jazz Pharmaceuticals PLC \* |  | 4230 | 557514 |
| &nbsp;&nbsp;&nbsp;&nbsp;Johnson & Johnson |  | 69271 | 12844229 |
| &nbsp;&nbsp;&nbsp;&nbsp;Merck & Co., Inc. |  | 13215 | 1109135 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pfizer, Inc. |  | 209620 | 5341118 |
| &nbsp;&nbsp;&nbsp;&nbsp;Viatris, Inc. |  | 3308 | 32749 |
|  |  |  | 22226562 |
| ***Professional Services — 0.9%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Amentum Holdings, Inc. \*@ |  | 4068 | 97428 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equifax, Inc. |  | 1690 | 433536 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jacobs Solutions, Inc. |  | 6136 | 919541 |
| &nbsp;&nbsp;&nbsp;&nbsp;Leidos Holdings, Inc. |  | 16200 | 3061152 |
| &nbsp;&nbsp;&nbsp;&nbsp;ManpowerGroup, Inc. |  | 632 | 23953 |
| &nbsp;&nbsp;&nbsp;&nbsp;SS&C Technologies Holdings, Inc. |  | 7467 | 662771 |
|  |  |  | 5198381 |
| ***Real Estate Management & Development — 0.6%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;CBRE Group, Inc., Class A \* |  | 19100 | 3009396 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jones Lang LaSalle, Inc. \* |  | 1249 | 372552 |
|  |  |  | 3381948 |
| ***Semiconductors & Semiconductor Equipment — 4.2%*** | ***Semiconductors & Semiconductor Equipment — 4.2%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Advanced Micro Devices, Inc. \* |  | 13752 | 2224936 |
| &nbsp;&nbsp;&nbsp;&nbsp;Analog Devices, Inc. |  | 16075 | 3949628 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Solar, Inc. \* |  | 248 | 54691 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intel Corp. \* |  | 68056 | 2283279 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marvell Technology, Inc. |  | 6371 | 535610 |
| &nbsp;&nbsp;&nbsp;&nbsp;Micron Technology, Inc. |  | 45249 | 7571063 |
| &nbsp;&nbsp;&nbsp;&nbsp;NXP Semiconductors NV |  | 9766 | 2224011 |
| &nbsp;&nbsp;&nbsp;&nbsp;ON Semiconductor Corp. \* |  | 10923 | 538613 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA U.S. Value Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***Semiconductors & Semiconductor Equipment (Continued)*** | ***Semiconductors & Semiconductor Equipment (Continued)*** | ***Semiconductors & Semiconductor Equipment (Continued)*** |
| &nbsp;&nbsp;&nbsp;&nbsp;Qorvo, Inc. \* | 8449 | $769535 |
| &nbsp;&nbsp;&nbsp;&nbsp;QUALCOMM, Inc. | 17726 | 2948897 |
| &nbsp;&nbsp;&nbsp;&nbsp;Skyworks Solutions, Inc. | 2266 | 174437 |
|  |  | 23274700 |
| ***Software — 1.0%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gen Digital, Inc. | 3129 | 88832 |
| &nbsp;&nbsp;&nbsp;&nbsp;Roper Technologies, Inc. | 1163 | 579976 |
| &nbsp;&nbsp;&nbsp;&nbsp;Salesforce, Inc. | 19631 | 4652547 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zoom Communications, Inc. \* | 1437 | 118553 |
|  |  | 5439908 |
| ***Specialty Retail — 0.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;CarMax, Inc. \* | 3334 | 149596 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dick's Sporting Goods, Inc. | 1230 | 273331 |
|  |  | 422927 |
| ***Textiles, Apparel & Luxury Goods — 0.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ralph Lauren Corp. | 1624 | 509221 |
| ***Trading Companies & Distributors — 0.4%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;United Rentals, Inc. | 2617 | 2498345 |
| ***Wireless Telecommunication Services — 1.0%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;T-Mobile U.S., Inc. | 22418 | 5366421 |
| &nbsp;&nbsp;&nbsp;&nbsp;TOTAL COMMON STOCKS<br> (Identified Cost $304,328,412) |  | 553826949 |
| **SHORT-TERM INVESTMENTS — 0.3%** |  |  |
| ***Investment Company — 0.3%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Institutional U.S. Government Money Market Fund 3.840% | 1620467 | 1620467 |
| &nbsp;&nbsp;&nbsp;&nbsp;TOTAL SHORT-TERM INVESTMENTS<br> (Identified Cost $1,620,467) |  | 1620467 |
| **Total Investments — 100.0%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**(Identified Cost $305,948,879)** |  | **555447416** |
| &nbsp;&nbsp;&nbsp;&nbsp;Liabilities in excess of Cash and Other Assets — 0.0% |  | (220168) |
| **Net Assets — 100.0%** |  | $**555227248** |

---

---

| | |
|:---|:---|
| † | See Note 1 |
| \* | Non-income producing security |
| @ | A portion or all of the security was held on loan. As of September 30, 2025, the fair value of the securities on loan was $1,616,612. |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA U.S. Small Company Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS — 99.7%** |  |  |
| ***Aerospace & Defense — 2.7%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AAR Corp. \* | 3108 | $278694 |
| &nbsp;&nbsp;&nbsp;&nbsp;AeroVironment, Inc. \*@ | 1825 | 574674 |
| &nbsp;&nbsp;&nbsp;&nbsp;Astronics Corp., Class B \* | 693 | 31580 |
| &nbsp;&nbsp;&nbsp;&nbsp;ATI, Inc. \* | 13573 | 1104028 |
| &nbsp;&nbsp;&nbsp;&nbsp;BWX Technologies, Inc. | 3927 | 724021 |
| &nbsp;&nbsp;&nbsp;&nbsp;Curtiss-Wright Corp. | 2577 | 1399156 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ducommun, Inc. \* | 1489 | 143138 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hexcel Corp. | 3842 | 240893 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huntington Ingalls Industries, Inc. | 370 | 106527 |
| &nbsp;&nbsp;&nbsp;&nbsp;Innovative Solutions & Support, Inc. \*@ | 3248 | 40568 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kratos Defense & Security Solutions, Inc. \* | 11721 | 1070948 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mercury Systems, Inc. \* | 4277 | 331040 |
| &nbsp;&nbsp;&nbsp;&nbsp;Moog, Inc., Class A | 2730 | 566939 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Presto Industries, Inc. | 369 | 41383 |
| &nbsp;&nbsp;&nbsp;&nbsp;Park Aerospace Corp. | 1334 | 27134 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rocket Lab Corp. \* | 2861 | 137070 |
| &nbsp;&nbsp;&nbsp;&nbsp;Textron, Inc. | 1666 | 140760 |
| &nbsp;&nbsp;&nbsp;&nbsp;V2X, Inc. \* | 1491 | 86612 |
| &nbsp;&nbsp;&nbsp;&nbsp;VSE Corp. | 1412 | 234731 |
| &nbsp;&nbsp;&nbsp;&nbsp;Woodward, Inc. | 4322 | 1092213 |
|  |  | 8372109 |
| ***Air Freight & Logistics — 0.2%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;CH Robinson Worldwide, Inc. | 1457 | 192907 |
| &nbsp;&nbsp;&nbsp;&nbsp;Expeditors International of Washington, Inc. | 619 | 75883 |
| &nbsp;&nbsp;&nbsp;&nbsp;HUB Group, Inc., Class A | 5418 | 186596 |
| &nbsp;&nbsp;&nbsp;&nbsp;Radiant Logistics, Inc. \* | 6146 | 36261 |
|  |  | 491647 |
| ***Automobile Components — 1.6%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Adient PLC \* | 4024 | 96898 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Axle & Manufacturing Holdings, Inc. \* | 3721 | 22363 |
| &nbsp;&nbsp;&nbsp;&nbsp;Autoliv, Inc. | 6598 | 814853 |
| &nbsp;&nbsp;&nbsp;&nbsp;BorgWarner, Inc. | 15123 | 664807 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cooper-Standard Holdings, Inc. \* | 1153 | 42580 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dana, Inc. | 8268 | 165691 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dorman Products, Inc. \* | 2645 | 412303 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fox Factory Holding Corp. \* | 4601 | 111758 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gentex Corp. | 10395 | 294179 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gentherm, Inc. \* | 3773 | 128508 |
| &nbsp;&nbsp;&nbsp;&nbsp;Goodyear Tire & Rubber Co. (The) \* | 6748 | 50475 |
| &nbsp;&nbsp;&nbsp;&nbsp;LCI Industries | 2757 | 256815 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lear Corp. | 2432 | 244684 |
| &nbsp;&nbsp;&nbsp;&nbsp;Modine Manufacturing Co. \* | 4578 | 650808 |
| &nbsp;&nbsp;&nbsp;&nbsp;Motorcar Parts of America, Inc. \* | 2267 | 37496 |
| &nbsp;&nbsp;&nbsp;&nbsp;Patrick Industries, Inc. @ | 3117 | 322391 |
| &nbsp;&nbsp;&nbsp;&nbsp;Phinia, Inc. | 3024 | 173820 |
| &nbsp;&nbsp;&nbsp;&nbsp;Standard Motor Products, Inc. | 2639 | 107724 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stoneridge, Inc. \* | 2727 | 20780 |
| &nbsp;&nbsp;&nbsp;&nbsp;Strattec Security Corp. \* | 941 | 64044 |
| &nbsp;&nbsp;&nbsp;&nbsp;Visteon Corp. | 2696 | 323143 |
| &nbsp;&nbsp;&nbsp;&nbsp;XPEL, Inc. \* | 305 | 10086 |
|  |  | 5016206 |
| ***Automobiles — 0.2%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Harley-Davidson, Inc. | 5205 | 145220 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rivian Automotive, Inc., Class A \* | 14455 | 212199 |
| &nbsp;&nbsp;&nbsp;&nbsp;Thor Industries, Inc. @ | 2397 | 248545 |
| &nbsp;&nbsp;&nbsp;&nbsp;Winnebago Industries, Inc. | 3191 | 106707 |
|  |  | 712671 |
| ***Beverages — 0.5%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Boston Beer Co., Inc. (The), Class A \* | 69 | 14588 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brown-Forman Corp., Class A @ | 337 | 9069 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brown-Forman Corp., Class B | 1383 | 37452 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Celsius Holdings, Inc. \* | 2162 | $124293 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coca-Cola Consolidated, Inc. | 6654 | 779583 |
| &nbsp;&nbsp;&nbsp;&nbsp;MGP Ingredients, Inc. | 1851 | 44776 |
| &nbsp;&nbsp;&nbsp;&nbsp;Molson Coors Beverage Co., Class B | 9730 | 440282 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Beverage Corp. \* | 6380 | 235549 |
|  |  | 1685592 |
| ***Biotechnology — 2.2%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Agios Pharmaceuticals, Inc. \* | 1554 | 62378 |
| &nbsp;&nbsp;&nbsp;&nbsp;Albireo Pharma, Inc. CVR \*¶§ | 1018 | 6495 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aldeyra Therapeutics, Inc. \*@ | 3971 | 20729 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alkermes PLC \* | 5522 | 165660 |
| &nbsp;&nbsp;&nbsp;&nbsp;Allogene Therapeutics, Inc. \*@ | 3623 | 4493 |
| &nbsp;&nbsp;&nbsp;&nbsp;Anika Therapeutics, Inc. \* | 1795 | 16873 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arcus Biosciences, Inc. \* | 2904 | 39494 |
| &nbsp;&nbsp;&nbsp;&nbsp;Beam Therapeutics, Inc. \*@ | 497 | 12062 |
| &nbsp;&nbsp;&nbsp;&nbsp;Biogen, Inc. \* | 2680 | 375414 |
| &nbsp;&nbsp;&nbsp;&nbsp;BioMarin Pharmaceutical, Inc. \* | 3496 | 189343 |
| &nbsp;&nbsp;&nbsp;&nbsp;Catalyst Pharmaceuticals, Inc. \* | 5207 | 102578 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chinook Therapeutics, Inc. CVR \*¶§ | 5000 | 7500 |
| &nbsp;&nbsp;&nbsp;&nbsp;CRISPR Therapeutics AG \* | 1927 | 124889 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cullinan Therapeutics, Inc. \* | 1139 | 6754 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dynavax Technologies Corp. \* | 5793 | 57524 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enanta Pharmaceuticals, Inc. \*@ | 1585 | 18972 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exact Sciences Corp. \* | 3133 | 171406 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exelixis, Inc. \* | 19780 | 816914 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fate Therapeutics, Inc. \* | 124 | 156 |
| &nbsp;&nbsp;&nbsp;&nbsp;Halozyme Therapeutics, Inc. \* | 8219 | 602781 |
| &nbsp;&nbsp;&nbsp;&nbsp;Incyte Corp. \* | 4731 | 401236 |
| &nbsp;&nbsp;&nbsp;&nbsp;Krystal Biotech, Inc. \* | 1598 | 282095 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kura Oncology, Inc. \* | 5384 | 47648 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kymera Therapeutics, Inc. \* | 2801 | 158537 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mirati Therapeutics, Inc. CVR \*¶§ | 1395 | 4157 |
| &nbsp;&nbsp;&nbsp;&nbsp;Myriad Genetics, Inc. \* | 6730 | 48658 |
| &nbsp;&nbsp;&nbsp;&nbsp;Natera, Inc. \* | 2782 | 447819 |
| &nbsp;&nbsp;&nbsp;&nbsp;Neurocrine Biosciences, Inc. \* | 7426 | 1042462 |
| &nbsp;&nbsp;&nbsp;&nbsp;PDL BioPharma, Inc. \*@§ | 18262 | 5753 |
| &nbsp;&nbsp;&nbsp;&nbsp;Replimune Group, Inc. \*@ | 2590 | 10852 |
| &nbsp;&nbsp;&nbsp;&nbsp;Revolution Medicines, Inc. \* | 1103 | 51510 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sarepta Therapeutics, Inc. \* | 2651 | 51085 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stoke Therapeutics, Inc. \*@ | 2970 | 69795 |
| &nbsp;&nbsp;&nbsp;&nbsp;Twist Bioscience Corp. \* | 1125 | 31658 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Therapeutics Corp. \* | 2637 | 1105457 |
| &nbsp;&nbsp;&nbsp;&nbsp;Veracyte, Inc. \*@ | 4340 | 148992 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xencor, Inc. \* | 2792 | 32750 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xenon Pharmaceuticals, Inc. \* | 338 | 13571 |
|  |  | 6756450 |
| ***Broadline Retail — 0.4%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Dillard's, Inc., Class A @ | 780 | 479295 |
| &nbsp;&nbsp;&nbsp;&nbsp;Etsy, Inc. \* | 418 | 27751 |
| &nbsp;&nbsp;&nbsp;&nbsp;Macy's, Inc. | 9741 | 174656 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ollie's Bargain Outlet Holdings, Inc. \* | 3753 | 481885 |
|  |  | 1163587 |
| ***Building Products — 2.6%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;A.O. Smith Corp. | 8970 | 658488 |
| &nbsp;&nbsp;&nbsp;&nbsp;AAON, Inc. @ | 4843 | 452530 |
| &nbsp;&nbsp;&nbsp;&nbsp;Advanced Drainage Systems, Inc. | 7209 | 999888 |
| &nbsp;&nbsp;&nbsp;&nbsp;Allegion PLC | 1427 | 253078 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Woodmark Corp. \* | 982 | 65558 |
| &nbsp;&nbsp;&nbsp;&nbsp;Apogee Enterprises, Inc. | 1456 | 63438 |
| &nbsp;&nbsp;&nbsp;&nbsp;Armstrong World Industries, Inc. | 4365 | 855584 |
| &nbsp;&nbsp;&nbsp;&nbsp;AZZ, Inc. | 2363 | 257874 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carlisle Cos., Inc. | 609 | 200337 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSW Industrials, Inc. @ | 1174 | 284988 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fortune Brands Innovations, Inc. | 961 | 51308 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA U.S. Small Company Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***Building Products (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gibraltar Industries, Inc. \* | 3042 | $191038 |
| &nbsp;&nbsp;&nbsp;&nbsp;Insteel Industries, Inc. | 2278 | 87338 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lennox International, Inc. | 99 | 52407 |
| &nbsp;&nbsp;&nbsp;&nbsp;Masco Corp. | 5470 | 385033 |
| &nbsp;&nbsp;&nbsp;&nbsp;Owens Corning | 6683 | 945377 |
| &nbsp;&nbsp;&nbsp;&nbsp;Quanex Building Products Corp. | 3350 | 47637 |
| &nbsp;&nbsp;&nbsp;&nbsp;Resideo Technologies, Inc. \* | 681 | 29406 |
| &nbsp;&nbsp;&nbsp;&nbsp;Simpson Manufacturing Co., Inc. | 3582 | 599842 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trex Co., Inc. \* | 9328 | 481978 |
| &nbsp;&nbsp;&nbsp;&nbsp;UFP Industries, Inc. | 5108 | 477547 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zurn Elkay Water Solutions Corp. | 14150 | 665474 |
|  |  | 8106148 |
| ***Capital Markets — 3.7%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Acadian Asset Management, Inc. | 2826 | 136100 |
| &nbsp;&nbsp;&nbsp;&nbsp;Affiliated Managers Group, Inc. | 3775 | 900073 |
| &nbsp;&nbsp;&nbsp;&nbsp;Artisan Partners Asset Management, Inc., Class A | 6206 | 269340 |
| &nbsp;&nbsp;&nbsp;&nbsp;B Riley Financial, Inc. \*@ | 1204 | 7194 |
| &nbsp;&nbsp;&nbsp;&nbsp;BGC Group, Inc., Class A | 30567 | 289164 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carlyle Group, Inc. (The) | 8419 | 527871 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cohen & Steers, Inc. | 5127 | 336382 |
| &nbsp;&nbsp;&nbsp;&nbsp;Diamond Hill Investment Group, Inc. | 204 | 28562 |
| &nbsp;&nbsp;&nbsp;&nbsp;Donnelley Financial Solutions, Inc. \* | 2776 | 142770 |
| &nbsp;&nbsp;&nbsp;&nbsp;Evercore, Inc., Class A | 3349 | 1129685 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federated Hermes, Inc. | 7863 | 408326 |
| &nbsp;&nbsp;&nbsp;&nbsp;Franklin Resources, Inc. | 13466 | 311469 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hamilton Lane, Inc., Class A | 1792 | 241544 |
| &nbsp;&nbsp;&nbsp;&nbsp;Houlihan Lokey, Inc. | 1002 | 205731 |
| &nbsp;&nbsp;&nbsp;&nbsp;Invesco Ltd. | 21232 | 487062 |
| &nbsp;&nbsp;&nbsp;&nbsp;Janus Henderson Group PLC | 14636 | 651448 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jefferies Financial Group, Inc. | 21621 | 1414446 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lazard, Inc. | 6742 | 355843 |
| &nbsp;&nbsp;&nbsp;&nbsp;MarketAxess Holdings, Inc. | 710 | 123717 |
| &nbsp;&nbsp;&nbsp;&nbsp;Moelis & Co., Class A | 571 | 40724 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morningstar, Inc. | 2847 | 660532 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oppenheimer Holdings, Inc., Class A | 1244 | 91944 |
| &nbsp;&nbsp;&nbsp;&nbsp;Piper Sandler Cos. | 1632 | 566288 |
| &nbsp;&nbsp;&nbsp;&nbsp;PJT Partners, Inc., Class A | 1422 | 252732 |
| &nbsp;&nbsp;&nbsp;&nbsp;SEI Investments Co. | 4732 | 401510 |
| &nbsp;&nbsp;&nbsp;&nbsp;Silvercrest Asset Management Group, Inc., Class A | 759 | 11954 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stifel Financial Corp. | 6170 | 700110 |
| &nbsp;&nbsp;&nbsp;&nbsp;StoneX Group, Inc. \* | 4280 | 431938 |
| &nbsp;&nbsp;&nbsp;&nbsp;Victory Capital Holdings, Inc., Class A @ | 982 | 63594 |
| &nbsp;&nbsp;&nbsp;&nbsp;Virtu Financial, Inc., Class A | 3211 | 113991 |
| &nbsp;&nbsp;&nbsp;&nbsp;Virtus Investment Partners, Inc. | 608 | 115538 |
| &nbsp;&nbsp;&nbsp;&nbsp;Westwood Holdings Group, Inc. | 1157 | 19079 |
| &nbsp;&nbsp;&nbsp;&nbsp;WisdomTree, Inc. @ | 4286 | 59575 |
|  |  | 11496236 |
| ***Chemicals — 2.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AdvanSix, Inc. | 1777 | 34438 |
| &nbsp;&nbsp;&nbsp;&nbsp;Albemarle Corp. | 750 | 60810 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Vanguard Corp. \* | 3554 | 20400 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ashland, Inc. | 2287 | 109570 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avient Corp. | 10014 | 329961 |
| &nbsp;&nbsp;&nbsp;&nbsp;Axalta Coating Systems Ltd. \* | 16030 | 458778 |
| &nbsp;&nbsp;&nbsp;&nbsp;Balchem Corp. | 2794 | 419268 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cabot Corp. | 5463 | 415461 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Celanese Corp. | 1157 | $48686 |
| &nbsp;&nbsp;&nbsp;&nbsp;CF Industries Holdings, Inc. | 824 | 73913 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chemours Co. (The) | 3307 | 52383 |
| &nbsp;&nbsp;&nbsp;&nbsp;Core Molding Technologies, Inc. \* | 1500 | 30825 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dow, Inc. | 2026 | 46456 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eastman Chemical Co. | 3373 | 212668 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ecovyst, Inc. \* | 5086 | 44553 |
| &nbsp;&nbsp;&nbsp;&nbsp;Element Solutions, Inc. | 21963 | 552809 |
| &nbsp;&nbsp;&nbsp;&nbsp;FMC Corp. | 2021 | 67966 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hawkins, Inc. | 1851 | 338215 |
| &nbsp;&nbsp;&nbsp;&nbsp;HB Fuller Co. | 5803 | 344002 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huntsman Corp. | 9262 | 83173 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ingevity Corp. \* | 1259 | 69484 |
| &nbsp;&nbsp;&nbsp;&nbsp;Innospec, Inc. | 2148 | 165740 |
| &nbsp;&nbsp;&nbsp;&nbsp;International Flavors & Fragrances, Inc. | 1030 | 63386 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intrepid Potash, Inc. \* | 750 | 22935 |
| &nbsp;&nbsp;&nbsp;&nbsp;Koppers Holdings, Inc. | 2308 | 64624 |
| &nbsp;&nbsp;&nbsp;&nbsp;LSB Industries, Inc. \*@ | 2602 | 20504 |
| &nbsp;&nbsp;&nbsp;&nbsp;LyondellBasell Industries NV, Class A | 747 | 36633 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mativ Holdings, Inc. | 3615 | 40886 |
| &nbsp;&nbsp;&nbsp;&nbsp;Minerals Technologies, Inc. | 3081 | 191392 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mosaic Co. (The) | 9271 | 321518 |
| &nbsp;&nbsp;&nbsp;&nbsp;NewMarket Corp. | 504 | 417418 |
| &nbsp;&nbsp;&nbsp;&nbsp;Olin Corp. | 2544 | 63574 |
| &nbsp;&nbsp;&nbsp;&nbsp;Orion SA | 3504 | 26560 |
| &nbsp;&nbsp;&nbsp;&nbsp;Quaker Chemical Corp. | 784 | 103292 |
| &nbsp;&nbsp;&nbsp;&nbsp;RPM International, Inc. | 4352 | 513014 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sensient Technologies Corp. | 4568 | 428707 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stepan Co. | 2418 | 115339 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tronox Holdings PLC | 1464 | 5885 |
|  |  | 6415226 |
| ***Commercial Banks — 10.4%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1st Source Corp. | 2546 | 156732 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amalgamated Financial Corp. | 477 | 12951 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amerant Bancorp, Inc. | 661 | 12737 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ameris Bancorp | 7199 | 527759 |
| &nbsp;&nbsp;&nbsp;&nbsp;AmeriServ Financial, Inc. | 4400 | 12760 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arrow Financial Corp. | 2279 | 64496 |
| &nbsp;&nbsp;&nbsp;&nbsp;Associated Banc-Corp. | 15176 | 390175 |
| &nbsp;&nbsp;&nbsp;&nbsp;Atlantic Union Bankshares Corp. | 9016 | 318175 |
| &nbsp;&nbsp;&nbsp;&nbsp;Axos Financial, Inc. \* | 3826 | 323871 |
| &nbsp;&nbsp;&nbsp;&nbsp;BancFirst Corp. | 3303 | 417664 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bancorp, Inc. (The) \* | 4087 | 306075 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Hawaii Corp. | 3456 | 226852 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Marin Bancorp | 1580 | 38362 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank OZK | 4569 | 232928 |
| &nbsp;&nbsp;&nbsp;&nbsp;BankUnited, Inc. | 3310 | 126310 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bankwell Financial Group, Inc. | 326 | 14426 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banner Corp. | 3355 | 219752 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bar Harbor Bankshares | 2089 | 63631 |
| &nbsp;&nbsp;&nbsp;&nbsp;BCB Bancorp, Inc. | 878 | 7621 |
| &nbsp;&nbsp;&nbsp;&nbsp;Beacon Financial Corp. | 6309 | 149586 |
| &nbsp;&nbsp;&nbsp;&nbsp;BOK Financial Corp. | 4648 | 517973 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bridgewater Bancshares, Inc. \* | 700 | 12320 |
| &nbsp;&nbsp;&nbsp;&nbsp;Burke & Herbert Financial Services Corp. | 197 | 12153 |
| &nbsp;&nbsp;&nbsp;&nbsp;Business First Bancshares, Inc. | 553 | 13056 |
| &nbsp;&nbsp;&nbsp;&nbsp;Byline Bancorp, Inc. | 1299 | 36021 |
| &nbsp;&nbsp;&nbsp;&nbsp;C&F Financial Corp. | 466 | 31315 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cadence Bank | 15454 | 580143 |
| &nbsp;&nbsp;&nbsp;&nbsp;Camden National Corp. | 1756 | 67764 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA U.S. Small Company Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***Commercial Banks (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital City Bank Group, Inc. | 1890 | $78983 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capitol Federal Financial, Inc. | 5302 | 33668 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carter Bankshares, Inc. \* | 711 | 13801 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cathay General Bancorp | 7259 | 348505 |
| &nbsp;&nbsp;&nbsp;&nbsp;Central Pacific Financial Corp. | 3116 | 94539 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citizens & Northern Corp. | 852 | 16878 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citizens Community Bancorp, Inc. | 400 | 6428 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citizens Financial Group, Inc. | 9000 | 478440 |
| &nbsp;&nbsp;&nbsp;&nbsp;City Holding Co. | 1327 | 164375 |
| &nbsp;&nbsp;&nbsp;&nbsp;Civista Bancshares, Inc. | 270 | 5484 |
| &nbsp;&nbsp;&nbsp;&nbsp;CNB Financial Corp. | 3887 | 94065 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coastal Financial Corp. \* | 555 | 60034 |
| &nbsp;&nbsp;&nbsp;&nbsp;Columbia Banking System, Inc. | 4733 | 121827 |
| &nbsp;&nbsp;&nbsp;&nbsp;Columbia Financial, Inc. \* | 2819 | 42313 |
| &nbsp;&nbsp;&nbsp;&nbsp;Comerica, Inc. | 7707 | 528084 |
| &nbsp;&nbsp;&nbsp;&nbsp;Commerce Bancshares, Inc. | 9452 | 564852 |
| &nbsp;&nbsp;&nbsp;&nbsp;Community Financial System, Inc. | 4718 | 276664 |
| &nbsp;&nbsp;&nbsp;&nbsp;Community Trust Bancorp, Inc. | 1552 | 86834 |
| &nbsp;&nbsp;&nbsp;&nbsp;Community West Bancshares | 1638 | 34136 |
| &nbsp;&nbsp;&nbsp;&nbsp;ConnectOne Bancorp, Inc. | 4072 | 101026 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cullen/Frost Bankers, Inc. | 3828 | 485276 |
| &nbsp;&nbsp;&nbsp;&nbsp;Customers Bancorp, Inc. \* | 3713 | 242719 |
| &nbsp;&nbsp;&nbsp;&nbsp;CVB Financial Corp. | 13166 | 248969 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dime Community Bancshares, Inc. | 3168 | 94501 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eagle Bancorp, Inc. | 1459 | 29501 |
| &nbsp;&nbsp;&nbsp;&nbsp;East West Bancorp, Inc. | 9740 | 1036823 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enterprise Financial Services Corp. | 2901 | 168200 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equity Bancshares, Inc., Class A | 1470 | 59829 |
| &nbsp;&nbsp;&nbsp;&nbsp;Esquire Financial Holdings, Inc. @ | 569 | 58069 |
| &nbsp;&nbsp;&nbsp;&nbsp;Farmers & Merchants Bancorp, Inc. | 1205 | 30137 |
| &nbsp;&nbsp;&nbsp;&nbsp;Farmers National Banc Corp. | 3191 | 45982 |
| &nbsp;&nbsp;&nbsp;&nbsp;FB Financial Corp. | 2735 | 152449 |
| &nbsp;&nbsp;&nbsp;&nbsp;Financial Institutions, Inc. | 1855 | 50456 |
| &nbsp;&nbsp;&nbsp;&nbsp;First BanCorp | 3381 | 178821 |
| &nbsp;&nbsp;&nbsp;&nbsp;First BanCorp | 18672 | 411718 |
| &nbsp;&nbsp;&nbsp;&nbsp;First BanCorp, Inc. (The) | 1876 | 49264 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Busey Corp. | 5571 | 128969 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Business Financial Services, Inc. | 551 | 28244 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Commonwealth Financial Corp. | 9286 | 158326 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Community Bankshares, Inc. | 1982 | 68974 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Financial Bancorp | 8992 | 227048 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Financial Bankshares, Inc. | 14820 | 498693 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Financial Corp. | 1395 | 78734 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Foundation, Inc. \* | 1921 | 10700 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Hawaiian, Inc. | 1200 | 29796 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Horizon Corp. | 28413 | 642418 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Internet Bancorp | 1018 | 22834 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Interstate Bancsystem, Inc., Class A | 4291 | 136754 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Merchants Corp. | 5621 | 211912 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Mid Bancshares, Inc. | 500 | 18940 |
| &nbsp;&nbsp;&nbsp;&nbsp;Flagstar Financial, Inc. @ | 1739 | 20085 |
| &nbsp;&nbsp;&nbsp;&nbsp;Flushing Financial Corp. | 3899 | 53845 |
| &nbsp;&nbsp;&nbsp;&nbsp;FNB Corp. | 22576 | 363699 |
| &nbsp;&nbsp;&nbsp;&nbsp;FS Bancorp, Inc. | 962 | 38403 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fulton Financial Corp. | 15678 | 292081 |
| &nbsp;&nbsp;&nbsp;&nbsp;German American Bancorp, Inc. @ | 3217 | 126332 |
| &nbsp;&nbsp;&nbsp;&nbsp;Glacier Bancorp, Inc. | 11842 | 576350 |
| &nbsp;&nbsp;&nbsp;&nbsp;Great Southern Bancorp, Inc. | 1275 | 78094 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hancock Whitney Corp. | 6503 | 407153 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hanmi Financial Corp. | 3586 | 88538 |
| &nbsp;&nbsp;&nbsp;&nbsp;HarborOne Bancorp, Inc. @ | 6045 | 82212 |
| &nbsp;&nbsp;&nbsp;&nbsp;Heritage Commerce Corp. | 3576 | 35510 |
| &nbsp;&nbsp;&nbsp;&nbsp;Heritage Financial Corp. | 4162 | 100679 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Hilltop Holdings, Inc. | 4251 | $142068 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hingham Institution For Savings (The) | 236 | 62252 |
| &nbsp;&nbsp;&nbsp;&nbsp;Home Bancorp, Inc. | 994 | 53999 |
| &nbsp;&nbsp;&nbsp;&nbsp;Home BancShares, Inc. | 13006 | 368070 |
| &nbsp;&nbsp;&nbsp;&nbsp;HomeTrust Bancshares, Inc. | 2255 | 92320 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hope Bancorp, Inc. | 12794 | 137791 |
| &nbsp;&nbsp;&nbsp;&nbsp;Horizon Bancorp, Inc. | 3103 | 49679 |
| &nbsp;&nbsp;&nbsp;&nbsp;Independent Bank Corp. | 4056 | 280554 |
| &nbsp;&nbsp;&nbsp;&nbsp;Independent Bank Corp. | 600 | 18585 |
| &nbsp;&nbsp;&nbsp;&nbsp;International Bancshares Corp. | 5903 | 405831 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kearny Financial Corp. | 4719 | 31004 |
| &nbsp;&nbsp;&nbsp;&nbsp;KeyCorp | 26535 | 495939 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lakeland Financial Corp. | 2447 | 157097 |
| &nbsp;&nbsp;&nbsp;&nbsp;Live Oak Bancshares, Inc. | 847 | 29831 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mechanics Bancorp, Class A \*@ | 1747 | 23253 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mercantile Bank Corp. | 1601 | 72045 |
| &nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Bank Holding Corp. | 321 | 24017 |
| &nbsp;&nbsp;&nbsp;&nbsp;Midland States Bancorp, Inc. | 1086 | 18614 |
| &nbsp;&nbsp;&nbsp;&nbsp;MidWestOne Financial Group, Inc. | 613 | 17342 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Bank Holdings Corp., Class A | 3376 | 130449 |
| &nbsp;&nbsp;&nbsp;&nbsp;NBT Bancorp, Inc. | 4206 | 175643 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nicolet Bankshares, Inc. | 1020 | 137190 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northeast Bank | 896 | 89743 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northfield Bancorp, Inc. | 5020 | 59236 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northrim BanCorp, Inc. | 3344 | 72431 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northwest Bancshares, Inc. | 15058 | 186569 |
| &nbsp;&nbsp;&nbsp;&nbsp;OceanFirst Financial Corp. | 4432 | 77870 |
| &nbsp;&nbsp;&nbsp;&nbsp;OFG Bancorp | 4058 | 176482 |
| &nbsp;&nbsp;&nbsp;&nbsp;Old National Bancorp | 28203 | 619056 |
| &nbsp;&nbsp;&nbsp;&nbsp;Old Second Bancorp, Inc. | 2244 | 38788 |
| &nbsp;&nbsp;&nbsp;&nbsp;Origin Bancorp, Inc. | 1342 | 46326 |
| &nbsp;&nbsp;&nbsp;&nbsp;Park National Corp. | 1732 | 281502 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pathward Financial, Inc. | 2146 | 158825 |
| &nbsp;&nbsp;&nbsp;&nbsp;Peapack-Gladstone Financial Corp. | 1992 | 54979 |
| &nbsp;&nbsp;&nbsp;&nbsp;Peoples Bancorp, Inc. | 3204 | 96088 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pinnacle Financial Partners, Inc. | 3365 | 315603 |
| &nbsp;&nbsp;&nbsp;&nbsp;Popular, Inc. | 7138 | 906597 |
| &nbsp;&nbsp;&nbsp;&nbsp;Preferred Bank | 1186 | 107203 |
| &nbsp;&nbsp;&nbsp;&nbsp;Primis Financial Corp. | 1858 | 19528 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prosperity Bancshares, Inc. | 5491 | 364328 |
| &nbsp;&nbsp;&nbsp;&nbsp;Provident Financial Holdings, Inc. | 1124 | 17703 |
| &nbsp;&nbsp;&nbsp;&nbsp;Provident Financial Services, Inc. | 7308 | 140898 |
| &nbsp;&nbsp;&nbsp;&nbsp;QCR Holdings, Inc. | 1658 | 125411 |
| &nbsp;&nbsp;&nbsp;&nbsp;Renasant Corp. | 6722 | 247975 |
| &nbsp;&nbsp;&nbsp;&nbsp;Republic Bancorp, Inc., Class A | 1997 | 144283 |
| &nbsp;&nbsp;&nbsp;&nbsp;Riverview Bancorp, Inc. | 2557 | 13731 |
| &nbsp;&nbsp;&nbsp;&nbsp;S&T Bancorp, Inc. | 3996 | 150210 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seacoast Banking Corp. of Florida | 5003 | 152241 |
| &nbsp;&nbsp;&nbsp;&nbsp;ServisFirst Bancshares, Inc. | 5630 | 453384 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sierra Bancorp | 1529 | 44203 |
| &nbsp;&nbsp;&nbsp;&nbsp;Simmons First National Corp., Class A | 7315 | 140229 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southern First Bancshares, Inc. \* | 923 | 40723 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southern Missouri Bancorp, Inc. | 686 | 36056 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southside Bancshares, Inc. | 3368 | 95146 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southstate Bank Corp. | 8044 | 795310 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stellar Bancorp, Inc. | 2986 | 90595 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stock Yards Bancorp, Inc. @ | 2936 | 205491 |
| &nbsp;&nbsp;&nbsp;&nbsp;Synovus Financial Corp. | 7110 | 348959 |
| &nbsp;&nbsp;&nbsp;&nbsp;Texas Capital Bancshares, Inc. \* | 3132 | 264748 |
| &nbsp;&nbsp;&nbsp;&nbsp;TFS Financial Corp. | 3750 | 49406 |
| &nbsp;&nbsp;&nbsp;&nbsp;Timberland Bancorp, Inc. | 921 | 30651 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tompkins Financial Corp. | 1559 | 103221 |
| &nbsp;&nbsp;&nbsp;&nbsp;Towne Bank | 5809 | 200817 |
| &nbsp;&nbsp;&nbsp;&nbsp;TriCo Bancshares | 2959 | 131409 |
| &nbsp;&nbsp;&nbsp;&nbsp;Triumph Financial, Inc. \* | 2441 | 122148 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA U.S. Small Company Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***Commercial Banks (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;TrustCo Bank Corp. | 1746 | $63380 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trustmark Corp. | 5770 | 228492 |
| &nbsp;&nbsp;&nbsp;&nbsp;UMB Financial Corp. | 7466 | 883601 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Bankshares, Inc. | 12088 | 449794 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Community Banks, Inc. | 8563 | 268450 |
| &nbsp;&nbsp;&nbsp;&nbsp;Univest Financial Corp. | 3363 | 100957 |
| &nbsp;&nbsp;&nbsp;&nbsp;Valley National Bancorp | 27653 | 293122 |
| &nbsp;&nbsp;&nbsp;&nbsp;Veritex Holdings, Inc. | 2791 | 93582 |
| &nbsp;&nbsp;&nbsp;&nbsp;WaFd, Inc. | 6377 | 193159 |
| &nbsp;&nbsp;&nbsp;&nbsp;Washington Trust Bancorp, Inc. | 2001 | 57829 |
| &nbsp;&nbsp;&nbsp;&nbsp;Webster Financial Corp. | 10588 | 629351 |
| &nbsp;&nbsp;&nbsp;&nbsp;WesBanco, Inc. | 8472 | 270511 |
| &nbsp;&nbsp;&nbsp;&nbsp;West BanCorp, Inc. | 1763 | 35824 |
| &nbsp;&nbsp;&nbsp;&nbsp;Westamerica BanCorp | 2658 | 132873 |
| &nbsp;&nbsp;&nbsp;&nbsp;Western Alliance Bancorp | 5446 | 472277 |
| &nbsp;&nbsp;&nbsp;&nbsp;Western New England Bancorp, Inc. @ | 3161 | 37964 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wintrust Financial Corp. | 5640 | 746962 |
| &nbsp;&nbsp;&nbsp;&nbsp;WSFS Financial Corp. | 6445 | 347579 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zions Bancorp NA | 10151 | 574344 |
|  |  | 32532307 |
| ***Commercial Services & Supplies — 1.9%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;ABM Industries, Inc. | 6300 | 290556 |
| &nbsp;&nbsp;&nbsp;&nbsp;ACCO Brands Corp. | 6694 | 26709 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brady Corp., Class A | 4578 | 357221 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brink's Co. (The) | 4524 | 528675 |
| &nbsp;&nbsp;&nbsp;&nbsp;Casella Waste Systems, Inc., Class A \* | 5451 | 517191 |
| &nbsp;&nbsp;&nbsp;&nbsp;CECO Environmental Corp. \* | 4211 | 215603 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cimpress PLC \* | 1426 | 89895 |
| &nbsp;&nbsp;&nbsp;&nbsp;Clean Harbors, Inc. \* | 4977 | 1155759 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deluxe Corp. @ | 2134 | 41314 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ennis, Inc. | 3110 | 56851 |
| &nbsp;&nbsp;&nbsp;&nbsp;HNI Corp. | 4225 | 197941 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interface, Inc. | 5834 | 168836 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liquidity Services, Inc. \* | 3228 | 88544 |
| &nbsp;&nbsp;&nbsp;&nbsp;MillerKnoll, Inc. | 3785 | 67146 |
| &nbsp;&nbsp;&nbsp;&nbsp;MSA Safety, Inc. | 4031 | 693614 |
| &nbsp;&nbsp;&nbsp;&nbsp;NL Industries, Inc. | 4571 | 28112 |
| &nbsp;&nbsp;&nbsp;&nbsp;OPENLANE, Inc. \* | 2720 | 78282 |
| &nbsp;&nbsp;&nbsp;&nbsp;Steelcase, Inc., Class A | 9338 | 160614 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tetra Tech, Inc. | 22616 | 754922 |
| &nbsp;&nbsp;&nbsp;&nbsp;UniFirst Corp. | 1530 | 255801 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vestis Corp. | 6146 | 27841 |
| &nbsp;&nbsp;&nbsp;&nbsp;Virco Mfg. Corp. | 2494 | 19328 |
|  |  | 5820755 |
| ***Communications Equipment — 1.6%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;BK Technologies Corp. \* | 400 | 33792 |
| &nbsp;&nbsp;&nbsp;&nbsp;Calix, Inc. \* | 2992 | 183619 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ciena Corp. \* | 15659 | 2281047 |
| &nbsp;&nbsp;&nbsp;&nbsp;Clearfield, Inc. \* | 1417 | 48716 |
| &nbsp;&nbsp;&nbsp;&nbsp;Digi International, Inc. \* | 3397 | 123855 |
| &nbsp;&nbsp;&nbsp;&nbsp;F5, Inc. \* | 3709 | 1198712 |
| &nbsp;&nbsp;&nbsp;&nbsp;Harmonic, Inc. \* | 10330 | 105159 |
| &nbsp;&nbsp;&nbsp;&nbsp;KVH Industries, Inc. \* | 2387 | 13367 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lantronix, Inc. \* | 1100 | 5027 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lumentum Holdings, Inc. \* | 2690 | 437690 |
| &nbsp;&nbsp;&nbsp;&nbsp;NETGEAR, Inc. \* | 3539 | 114628 |
| &nbsp;&nbsp;&nbsp;&nbsp;NetScout Systems, Inc. \* | 8182 | 211341 |
| &nbsp;&nbsp;&nbsp;&nbsp;Optical Cable Corp. \* | 374 | 3037 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Viasat, Inc. \* | 1242 | $36391 |
| &nbsp;&nbsp;&nbsp;&nbsp;Viavi Solutions, Inc. \* | 21651 | 274751 |
|  |  | 5071132 |
| ***Computers & Peripherals — 0.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AstroNova, Inc. \* | 1572 | 16097 |
| &nbsp;&nbsp;&nbsp;&nbsp;NetApp, Inc. | 2747 | 325410 |
| &nbsp;&nbsp;&nbsp;&nbsp;Western Digital Corp. | 87 | 10445 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xerox Holdings Corp. @ | 5031 | 18917 |
|  |  | 370869 |
| ***Construction & Engineering — 3.0%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AECOM | 4153 | 541842 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ameresco, Inc., Class A \* | 3289 | 110445 |
| &nbsp;&nbsp;&nbsp;&nbsp;API Group Corp. \* | 2392 | 82213 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arcosa, Inc. | 1853 | 173645 |
| &nbsp;&nbsp;&nbsp;&nbsp;Comfort Systems USA, Inc. | 1414 | 1166804 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dycom Industries, Inc. \* | 2492 | 727066 |
| &nbsp;&nbsp;&nbsp;&nbsp;Everus Construction Group, Inc. \* | 2821 | 241901 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fluor Corp. \* | 6585 | 277031 |
| &nbsp;&nbsp;&nbsp;&nbsp;Granite Construction, Inc. | 4358 | 477855 |
| &nbsp;&nbsp;&nbsp;&nbsp;Great Lakes Dredge & Dock Corp. \* | 7436 | 89158 |
| &nbsp;&nbsp;&nbsp;&nbsp;IES Holdings, Inc. \*@ | 1933 | 768657 |
| &nbsp;&nbsp;&nbsp;&nbsp;MasTec, Inc. \* | 6602 | 1404971 |
| &nbsp;&nbsp;&nbsp;&nbsp;Matrix Service Co. \* | 4086 | 53445 |
| &nbsp;&nbsp;&nbsp;&nbsp;MYR Group, Inc. \* | 1336 | 277928 |
| &nbsp;&nbsp;&nbsp;&nbsp;NWPX Infrastructure, Inc. \* | 1211 | 64098 |
| &nbsp;&nbsp;&nbsp;&nbsp;Primoris Services Corp. | 4768 | 654789 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sterling Infrastructure, Inc. \*@ | 2663 | 904568 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tutor Perini Corp. \* | 3153 | 206805 |
| &nbsp;&nbsp;&nbsp;&nbsp;Valmont Industries, Inc. | 1958 | 759175 |
| &nbsp;&nbsp;&nbsp;&nbsp;WillScot Holdings Corp. | 18315 | 386630 |
|  |  | 9369026 |
| ***Construction Materials — 0.3%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Eagle Materials, Inc. | 1439 | 335345 |
| &nbsp;&nbsp;&nbsp;&nbsp;Knife River Corp. \* | 2821 | 216850 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Lime & Minerals, Inc. | 2498 | 328612 |
|  |  | 880807 |
| ***Consumer Finance — 1.2%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ally Financial, Inc. | 6410 | 251272 |
| &nbsp;&nbsp;&nbsp;&nbsp;Atlanticus Holdings Corp. \* | 1324 | 77560 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bread Financial Holdings, Inc. | 856 | 47739 |
| &nbsp;&nbsp;&nbsp;&nbsp;Consumer Portfolio Services, Inc. \* | 3813 | 28788 |
| &nbsp;&nbsp;&nbsp;&nbsp;Credit Acceptance Corp. \*@ | 760 | 354867 |
| &nbsp;&nbsp;&nbsp;&nbsp;Encore Capital Group, Inc. \* | 2787 | 116329 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enova International, Inc. \* | 2166 | 249285 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ezcorp, Inc., Class A \* | 5994 | 114126 |
| &nbsp;&nbsp;&nbsp;&nbsp;FirstCash Holdings, Inc. | 2667 | 422506 |
| &nbsp;&nbsp;&nbsp;&nbsp;Green Dot Corp., Class A \* | 2968 | 39860 |
| &nbsp;&nbsp;&nbsp;&nbsp;LendingClub Corp. \* | 1512 | 22967 |
| &nbsp;&nbsp;&nbsp;&nbsp;Navient Corp. @ | 8170 | 107436 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nelnet, Inc., Class A | 2441 | 306053 |
| &nbsp;&nbsp;&nbsp;&nbsp;OneMain Holdings, Inc. | 7656 | 432258 |
| &nbsp;&nbsp;&nbsp;&nbsp;PRA Group, Inc. \* | 4120 | 63613 |
| &nbsp;&nbsp;&nbsp;&nbsp;PROG Holdings, Inc. | 4487 | 145199 |
| &nbsp;&nbsp;&nbsp;&nbsp;Regional Management Corp. | 1467 | 57154 |
| &nbsp;&nbsp;&nbsp;&nbsp;SLM Corp. | 14278 | 395215 |
| &nbsp;&nbsp;&nbsp;&nbsp;SoFi Technologies, Inc. \* | 12464 | 329299 |
| &nbsp;&nbsp;&nbsp;&nbsp;World Acceptance Corp. \* | 514 | 86938 |
|  |  | 3648464 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA U.S. Small Company Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***Consumer Staples Distribution & Retail — 1.9%*** | ***Consumer Staples Distribution & Retail — 1.9%*** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Albertsons Cos., Inc., Class A | 2854 | $49974 |
| &nbsp;&nbsp;&nbsp;&nbsp;Andersons, Inc. (The) | 4055 | 161430 |
| &nbsp;&nbsp;&nbsp;&nbsp;BJ's Wholesale Club Holdings, Inc. \* | 4618 | 430628 |
| &nbsp;&nbsp;&nbsp;&nbsp;Casey's General Stores, Inc. | 2455 | 1387861 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chefs' Warehouse, Inc. (The) \* | 4636 | 270418 |
| &nbsp;&nbsp;&nbsp;&nbsp;Grocery Outlet Holding Corp. \* | 2734 | 43881 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ingles Markets, Inc., Class A | 1973 | 137242 |
| &nbsp;&nbsp;&nbsp;&nbsp;Maplebear, Inc. \* | 792 | 29114 |
| &nbsp;&nbsp;&nbsp;&nbsp;Natural Grocers by Vitamin Cottage, Inc. | 2710 | 108400 |
| &nbsp;&nbsp;&nbsp;&nbsp;Performance Food Group Co. \* | 9263 | 963722 |
| &nbsp;&nbsp;&nbsp;&nbsp;PriceSmart, Inc. @ | 2691 | 326122 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sprouts Farmers Market, Inc. \* | 7149 | 777811 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Foods Holding Corp. \* | 13615 | 1043181 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Natural Foods, Inc. \* | 1873 | 70462 |
| &nbsp;&nbsp;&nbsp;&nbsp;Village Super Market, Inc., Class A | 830 | 31009 |
| &nbsp;&nbsp;&nbsp;&nbsp;Weis Markets, Inc. | 2943 | 211513 |
|  |  | 6042768 |
| ***Containers & Packaging — 1.2%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Amcor PLC | 67280 | 550350 |
| &nbsp;&nbsp;&nbsp;&nbsp;AptarGroup, Inc. | 5666 | 757318 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avery Dennison Corp. | 751 | 121790 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ball Corp. | 1336 | 67361 |
| &nbsp;&nbsp;&nbsp;&nbsp;Crown Holdings, Inc. | 3202 | 309281 |
| &nbsp;&nbsp;&nbsp;&nbsp;Graphic Packaging Holding Co. | 8918 | 174525 |
| &nbsp;&nbsp;&nbsp;&nbsp;Greif, Inc., Class A | 2553 | 152567 |
| &nbsp;&nbsp;&nbsp;&nbsp;Greif, Inc., Class B | 715 | 44051 |
| &nbsp;&nbsp;&nbsp;&nbsp;Myers Industries, Inc. | 4361 | 73875 |
| &nbsp;&nbsp;&nbsp;&nbsp;O-I Glass, Inc. \* | 8143 | 105615 |
| &nbsp;&nbsp;&nbsp;&nbsp;Packaging Corp. of America | 762 | 166063 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sealed Air Corp. | 6808 | 240663 |
| &nbsp;&nbsp;&nbsp;&nbsp;Silgan Holdings, Inc. | 11743 | 505066 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sonoco Products Co. | 4592 | 197869 |
| &nbsp;&nbsp;&nbsp;&nbsp;TriMas Corp. | 3690 | 142582 |
|  |  | 3608976 |
| ***Distributors — 0.2%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;A-Mark Precious Metals, Inc. | 2332 | 60329 |
| &nbsp;&nbsp;&nbsp;&nbsp;Genuine Parts Co. | 1314 | 182120 |
| &nbsp;&nbsp;&nbsp;&nbsp;LKQ Corp. | 3492 | 106646 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pool Corp. | 660 | 204646 |
| &nbsp;&nbsp;&nbsp;&nbsp;Weyco Group, Inc. | 1043 | 31384 |
|  |  | 585125 |
| ***Diversified Consumer Services — 1.5%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Adtalem Global Education, Inc. \* | 3867 | 597258 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Public Education, Inc. \* | 1928 | 76098 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bright Horizons Family Solutions, Inc. \* | 1895 | 205740 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carriage Services, Inc. | 1424 | 63425 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chegg, Inc. \* | 32 | 48 |
| &nbsp;&nbsp;&nbsp;&nbsp;Duolingo, Inc. \* | 500 | 160920 |
| &nbsp;&nbsp;&nbsp;&nbsp;European Wax Center, Inc., Class A \* | 583 | 2326 |
| &nbsp;&nbsp;&nbsp;&nbsp;Frontdoor, Inc. \* | 2849 | 191709 |
| &nbsp;&nbsp;&nbsp;&nbsp;Graham Holdings Co., Class B | 388 | 456796 |
| &nbsp;&nbsp;&nbsp;&nbsp;Grand Canyon Education, Inc. \* | 2418 | 530800 |
| &nbsp;&nbsp;&nbsp;&nbsp;H&R Block, Inc. | 11646 | 588938 |
| &nbsp;&nbsp;&nbsp;&nbsp;Laureate Education, Inc. \* | 3916 | 123511 |
| &nbsp;&nbsp;&nbsp;&nbsp;Matthews International Corp., Class A @ | 2051 | 49798 |
| &nbsp;&nbsp;&nbsp;&nbsp;OneSpaWorld Holdings Ltd. | 2259 | 47755 |
| &nbsp;&nbsp;&nbsp;&nbsp;Perdoceo Education Corp. | 6976 | 262716 |
| &nbsp;&nbsp;&nbsp;&nbsp;Service Corp. International | 7334 | 610336 |
| &nbsp;&nbsp;&nbsp;&nbsp;Strategic Education, Inc. | 2650 | 227927 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stride, Inc. \*@ | 3868 | 576100 |
|  |  | 4772201 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | **SHARES** | **VALUE†** | **VALUE†** |
| ***Diversified Telecommunication Services — 0.1%*** | ***Diversified Telecommunication Services — 0.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Anterix, Inc. \* | 1066 | $| 22887 |
| &nbsp;&nbsp;&nbsp;&nbsp;ATN International, Inc. | 1200 |  | 17964 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bandwidth, Inc., Class A \* | 766 |  | 12769 |
| &nbsp;&nbsp;&nbsp;&nbsp;Costa Communications, Inc. CVR @\*¶§ | 354 |  | 43 |
| &nbsp;&nbsp;&nbsp;&nbsp;GCI Liberty, Inc., Class A \* | 164 |  | 6159 |
| &nbsp;&nbsp;&nbsp;&nbsp;GCI Liberty, Inc., Class C \* | 464 |  | 17293 |
| &nbsp;&nbsp;&nbsp;&nbsp;IDT Corp., Class B | 1342 |  | 70200 |
| &nbsp;&nbsp;&nbsp;&nbsp;Iridium Communications, Inc. | 3745 |  | 65388 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liberty Latin America Ltd., Class A \* | 1600 |  | 13264 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liberty Latin America Ltd., Class C \* | 10810 |  | 91236 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shenandoah Telecommunications Co. @ | 6413 |  | 86063 |
|  |  |  | 403266 |
| ***Electric Utilities — 1.4%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;ALLETE, Inc. | 4869 |  | 323302 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alliant Energy Corp. | 8696 |  | 586197 |
| &nbsp;&nbsp;&nbsp;&nbsp;Evergy, Inc. | 7556 |  | 574407 |
| &nbsp;&nbsp;&nbsp;&nbsp;Genie Energy Ltd., Class B | 2213 |  | 33084 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hawaiian Electric Industries, Inc. \*@ | 4122 |  | 45507 |
| &nbsp;&nbsp;&nbsp;&nbsp;IDACORP, Inc. | 2837 |  | 374910 |
| &nbsp;&nbsp;&nbsp;&nbsp;MGE Energy, Inc. | 3771 |  | 317443 |
| &nbsp;&nbsp;&nbsp;&nbsp;OGE Energy Corp. | 10049 |  | 464967 |
| &nbsp;&nbsp;&nbsp;&nbsp;Otter Tail Corp. | 4597 |  | 376816 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pinnacle West Capital Corp. | 5960 |  | 534374 |
| &nbsp;&nbsp;&nbsp;&nbsp;Portland General Electric Co. | 5648 |  | 248512 |
| &nbsp;&nbsp;&nbsp;&nbsp;TXNM Energy, Inc. | 9280 |  | 524784 |
|  |  |  | 4404303 |
| ***Electrical Equipment — 1.3%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Acuity, Inc. | 2347 |  | 808283 |
| &nbsp;&nbsp;&nbsp;&nbsp;Allient, Inc. | 1626 |  | 72764 |
| &nbsp;&nbsp;&nbsp;&nbsp;Atkore, Inc. | 3999 |  | 250897 |
| &nbsp;&nbsp;&nbsp;&nbsp;EnerSys | 3615 |  | 408350 |
| &nbsp;&nbsp;&nbsp;&nbsp;Generac Holdings, Inc. \* | 265 |  | 44361 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hubbell, Inc. | 34 |  | 14631 |
| &nbsp;&nbsp;&nbsp;&nbsp;LSI Industries, Inc. | 3137 |  | 74065 |
| &nbsp;&nbsp;&nbsp;&nbsp;NEXTracker, Inc., Class A \* | 3948 |  | 292113 |
| &nbsp;&nbsp;&nbsp;&nbsp;nVent Electric PLC | 3043 |  | 300162 |
| &nbsp;&nbsp;&nbsp;&nbsp;Powell Industries, Inc. @ | 1062 |  | 323708 |
| &nbsp;&nbsp;&nbsp;&nbsp;Preformed Line Products Co. | 539 |  | 105725 |
| &nbsp;&nbsp;&nbsp;&nbsp;Regal Rexnord Corp. | 6071 |  | 870824 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sensata Technologies Holding PLC | 6595 |  | 201477 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sunrun, Inc. \* | 6232 |  | 107751 |
| &nbsp;&nbsp;&nbsp;&nbsp;Thermon Group Holdings, Inc. \* | 3577 |  | 95577 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vicor Corp. \* | 3445 |  | 171285 |
|  |  |  | 4141973 |
| ***Electronic Equipment, Instruments & Components — 4.2%*** | ***Electronic Equipment, Instruments & Components — 4.2%*** | ***Electronic Equipment, Instruments & Components — 4.2%*** | ***Electronic Equipment, Instruments & Components — 4.2%*** |
| &nbsp;&nbsp;&nbsp;&nbsp;Advanced Energy Industries, Inc. | 3308 |  | 562823 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arrow Electronics, Inc. \* | 5952 |  | 720192 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avnet, Inc. | 8026 |  | 419599 |
| &nbsp;&nbsp;&nbsp;&nbsp;Badger Meter, Inc. | 3103 |  | 554134 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bel Fuse, Inc., Class B | 1421 |  | 200389 |
| &nbsp;&nbsp;&nbsp;&nbsp;Belden, Inc. | 4607 |  | 554084 |
| &nbsp;&nbsp;&nbsp;&nbsp;Benchmark Electronics, Inc. | 3809 |  | 146837 |
| &nbsp;&nbsp;&nbsp;&nbsp;Climb Global Solutions, Inc. | 315 |  | 42475 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cognex Corp. | 3708 |  | 167972 |
| &nbsp;&nbsp;&nbsp;&nbsp;Crane NXT Co. @ | 3089 |  | 207179 |
| &nbsp;&nbsp;&nbsp;&nbsp;CTS Corp. | 3522 |  | 140669 |
| &nbsp;&nbsp;&nbsp;&nbsp;ePlus, Inc. | 1591 |  | 112977 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fabrinet \* | 3103 |  | 1131416 |
| &nbsp;&nbsp;&nbsp;&nbsp;Flex Ltd. \* | 22671 |  | 1314238 |
| &nbsp;&nbsp;&nbsp;&nbsp;Insight Enterprises, Inc. \* | 2809 |  | 318569 |
| &nbsp;&nbsp;&nbsp;&nbsp;IPG Photonics Corp. \* | 1315 |  | 104135 |
| &nbsp;&nbsp;&nbsp;&nbsp;Itron, Inc. \* | 4157 |  | 517796 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jabil, Inc. | 1644 |  | 357027 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA U.S. Small Company Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***Electronic Equipment, Instruments & Components (Continued)*** | ***Electronic Equipment, Instruments & Components (Continued)*** | ***Electronic Equipment, Instruments & Components (Continued)*** |
| &nbsp;&nbsp;&nbsp;&nbsp;Key Tronic Corp. \* | 1700 | $6069 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kimball Electronics, Inc. \* | 2512 | 75008 |
| &nbsp;&nbsp;&nbsp;&nbsp;Knowles Corp. \* | 3541 | 82541 |
| &nbsp;&nbsp;&nbsp;&nbsp;Littelfuse, Inc. | 1865 | 483054 |
| &nbsp;&nbsp;&nbsp;&nbsp;Methode Electronics, Inc. | 4122 | 31121 |
| &nbsp;&nbsp;&nbsp;&nbsp;Napco Security Technologies, Inc. | 3236 | 138986 |
| &nbsp;&nbsp;&nbsp;&nbsp;nLight, Inc. \* | 1098 | 32534 |
| &nbsp;&nbsp;&nbsp;&nbsp;Novanta, Inc. \* | 3185 | 318978 |
| &nbsp;&nbsp;&nbsp;&nbsp;OSI Systems, Inc. \* | 1449 | 361149 |
| &nbsp;&nbsp;&nbsp;&nbsp;PC Connection, Inc. | 2305 | 142887 |
| &nbsp;&nbsp;&nbsp;&nbsp;Plexus Corp. \* | 2380 | 344362 |
| &nbsp;&nbsp;&nbsp;&nbsp;Richardson Electronics Ltd. | 1505 | 14734 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rogers Corp. \* | 2017 | 162288 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sanmina Corp. \* | 4678 | 538484 |
| &nbsp;&nbsp;&nbsp;&nbsp;ScanSource, Inc. \* | 2807 | 123480 |
| &nbsp;&nbsp;&nbsp;&nbsp;TD SYNNEX Corp. | 3515 | 575581 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trimble, Inc. \* | 7608 | 621193 |
| &nbsp;&nbsp;&nbsp;&nbsp;TTM Technologies, Inc. \* | 8928 | 514253 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vishay Intertechnology, Inc. | 11850 | 181305 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vishay Precision Group, Inc. \*@ | 1694 | 54293 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vontier Corp. | 8347 | 350324 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zebra Technologies Corp., Class A \* | 953 | 283193 |
|  |  | 13008328 |
| ***Energy Equipment & Services — 1.0%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Archrock, Inc. | 12231 | 321798 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bristow Group, Inc. \* | 1579 | 56970 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cactus, Inc., Class A | 3486 | 137593 |
| &nbsp;&nbsp;&nbsp;&nbsp;Core Laboratories, Inc. @ | 998 | 12335 |
| &nbsp;&nbsp;&nbsp;&nbsp;Expro Group Holdings NV \* | 837 | 9944 |
| &nbsp;&nbsp;&nbsp;&nbsp;Halliburton Co. | 6035 | 148461 |
| &nbsp;&nbsp;&nbsp;&nbsp;Helix Energy Solutions Group, Inc. \* | 8345 | 54743 |
| &nbsp;&nbsp;&nbsp;&nbsp;Helmerich & Payne, Inc. | 2724 | 60173 |
| &nbsp;&nbsp;&nbsp;&nbsp;Innovex International, Inc. \* | 2081 | 38582 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liberty Energy, Inc. | 8201 | 101200 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nabors Industries Ltd. \*@ | 539 | 22029 |
| &nbsp;&nbsp;&nbsp;&nbsp;Natural Gas Services Group, Inc. | 2179 | 60990 |
| &nbsp;&nbsp;&nbsp;&nbsp;Noble Corp. PLC | 2483 | 70219 |
| &nbsp;&nbsp;&nbsp;&nbsp;NOV, Inc. | 16544 | 219208 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oceaneering International, Inc. \* | 1554 | 38508 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oil States International, Inc. \* | 3584 | 21719 |
| &nbsp;&nbsp;&nbsp;&nbsp;ProPetro Holding Corp. \* | 4527 | 23722 |
| &nbsp;&nbsp;&nbsp;&nbsp;RPC, Inc. | 8542 | 40660 |
| &nbsp;&nbsp;&nbsp;&nbsp;SEACOR Marine Holdings, Inc. \* | 3233 | 20982 |
| &nbsp;&nbsp;&nbsp;&nbsp;Select Water Solutions, Inc. | 3073 | 32850 |
| &nbsp;&nbsp;&nbsp;&nbsp;Solaris Energy Infrastructure, Inc. | 1000 | 39970 |
| &nbsp;&nbsp;&nbsp;&nbsp;TechnipFMC PLC | 23392 | 922814 |
| &nbsp;&nbsp;&nbsp;&nbsp;TETRA Technologies, Inc. \* | 8698 | 50014 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tidewater, Inc. \*@ | 2915 | 155457 |
| &nbsp;&nbsp;&nbsp;&nbsp;Transocean Ltd. \* | 43549 | 135873 |
| &nbsp;&nbsp;&nbsp;&nbsp;Valaris Ltd. \*@ | 1881 | 91736 |
| &nbsp;&nbsp;&nbsp;&nbsp;Weatherford International PLC | 4378 | 299587 |
|  |  | 3188137 |
| ***Entertainment — 0.2%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Atlanta Braves Holdings, Inc., Class A \* | 934 | 42469 |
| &nbsp;&nbsp;&nbsp;&nbsp;Atlanta Braves Holdings, Inc., Class C \* | 763 | 31733 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cinemark Holdings, Inc. | 7484 | 209702 |
| &nbsp;&nbsp;&nbsp;&nbsp;IMAX Corp. \*@ | 2245 | 73524 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liberty Media Corp.-Liberty Live, Class A \* | 650 | 61295 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Liberty Media Corp.-Liberty Live, Class C \* | 836 | $81067 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lionsgate Studios Corp. \* | 4178 | 28828 |
| &nbsp;&nbsp;&nbsp;&nbsp;Madison Square Garden Entertainment Corp. \* | 432 | 19544 |
| &nbsp;&nbsp;&nbsp;&nbsp;Madison Square Garden Sports Corp. \* | 213 | 48351 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marcus Corp. (The) | 3100 | 48081 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sphere Entertainment Co. \*@ | 432 | 26836 |
| &nbsp;&nbsp;&nbsp;&nbsp;Starz Entertainment Corp. \* | 278 | 4095 |
| &nbsp;&nbsp;&nbsp;&nbsp;Warner Music Group Corp., Class A | 1140 | 38828 |
|  |  | 714353 |
| ***Financial Services — 1.7%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Acacia Research Corp. \*@ | 1995 | 6484 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alerus Financial Corp. | 466 | 10317 |
| &nbsp;&nbsp;&nbsp;&nbsp;AvidXchange Holdings, Inc. \* | 1863 | 18537 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cantaloupe, Inc. \* | 930 | 9830 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cass Information Systems, Inc. | 1499 | 58956 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equitable Holdings, Inc. | 4600 | 233588 |
| &nbsp;&nbsp;&nbsp;&nbsp;Essent Group Ltd. | 4642 | 295045 |
| &nbsp;&nbsp;&nbsp;&nbsp;Euronet Worldwide, Inc. \* | 2053 | 180274 |
| &nbsp;&nbsp;&nbsp;&nbsp;EVERTEC, Inc. | 2063 | 69688 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Agricultural Mortgage Corp., Class C | 923 | 155046 |
| &nbsp;&nbsp;&nbsp;&nbsp;Flywire Corp. \* | 4301 | 58236 |
| &nbsp;&nbsp;&nbsp;&nbsp;International Money Express, Inc. \* | 1977 | 27619 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jack Henry & Associates, Inc. | 2212 | 329433 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jackson Financial, Inc., Class A | 1992 | 201650 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marqeta, Inc., Class A \* | 3982 | 21025 |
| &nbsp;&nbsp;&nbsp;&nbsp;MGIC Investment Corp. | 11104 | 315020 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mr. Cooper Group, Inc. | 4998 | 1053528 |
| &nbsp;&nbsp;&nbsp;&nbsp;NMI Holdings, Inc. \* | 7878 | 302042 |
| &nbsp;&nbsp;&nbsp;&nbsp;PennyMac Financial Services, Inc. | 1706 | 211339 |
| &nbsp;&nbsp;&nbsp;&nbsp;Radian Group, Inc. | 7144 | 258756 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shift4 Payments, Inc., Class A \*@ | 2548 | 197215 |
| &nbsp;&nbsp;&nbsp;&nbsp;Voya Financial, Inc. | 9648 | 721670 |
| &nbsp;&nbsp;&nbsp;&nbsp;Walker & Dunlop, Inc. | 3120 | 260894 |
| &nbsp;&nbsp;&nbsp;&nbsp;Waterstone Financial, Inc. | 2966 | 46270 |
| &nbsp;&nbsp;&nbsp;&nbsp;Western Union Co. (The) | 8035 | 64200 |
| &nbsp;&nbsp;&nbsp;&nbsp;WEX, Inc. \* | 1703 | 268274 |
|  |  | 5374936 |
| ***Food Products — 1.6%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alico, Inc. | 713 | 24713 |
| &nbsp;&nbsp;&nbsp;&nbsp;B&G Foods, Inc. @ | 5620 | 24897 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bunge Global SA | 1397 | 113506 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cal-Maine Foods, Inc. | 3959 | 372542 |
| &nbsp;&nbsp;&nbsp;&nbsp;Calavo Growers, Inc. | 2189 | 56345 |
| &nbsp;&nbsp;&nbsp;&nbsp;Campbell's Co. (The) | 10241 | 323411 |
| &nbsp;&nbsp;&nbsp;&nbsp;Conagra Brands, Inc. | 4537 | 83072 |
| &nbsp;&nbsp;&nbsp;&nbsp;Darling Ingredients, Inc. \* | 13438 | 414831 |
| &nbsp;&nbsp;&nbsp;&nbsp;Flowers Foods, Inc. | 9365 | 122213 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fresh Del Monte Produce, Inc. | 5010 | 173947 |
| &nbsp;&nbsp;&nbsp;&nbsp;Freshpet, Inc. \* | 870 | 47946 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hormel Foods Corp. | 3194 | 79020 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ingredion, Inc. | 3754 | 458401 |
| &nbsp;&nbsp;&nbsp;&nbsp;J&J Snack Foods Corp. | 1747 | 167869 |
| &nbsp;&nbsp;&nbsp;&nbsp;J.M. Smucker Co. (The) | 2567 | 278776 |
| &nbsp;&nbsp;&nbsp;&nbsp;John B Sanfilippo & Son, Inc. | 981 | 63059 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lamb Weston Holdings, Inc. | 456 | 26484 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lifeway Foods, Inc. \* | 1756 | 48747 |
| &nbsp;&nbsp;&nbsp;&nbsp;Limoneira Co. | 2072 | 30769 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marzetti Co. (The) | 2908 | 502473 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA U.S. Small Company Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***Food Products (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;McCormick & Co., Inc. | 554 | $37068 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mission Produce, Inc. \* | 1256 | 15097 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pilgrim's Pride Corp. | 5624 | 229009 |
| &nbsp;&nbsp;&nbsp;&nbsp;Post Holdings, Inc. \* | 4776 | 513325 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seaboard Corp. | 42 | 153174 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seneca Foods Corp., Class A \* | 800 | 86352 |
| &nbsp;&nbsp;&nbsp;&nbsp;Simply Good Foods Co. (The) \* | 4321 | 107247 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tootsie Roll Industries, Inc. @ | 5057 | 211989 |
| &nbsp;&nbsp;&nbsp;&nbsp;TreeHouse Foods, Inc. \* | 2393 | 48363 |
| &nbsp;&nbsp;&nbsp;&nbsp;Utz Brands, Inc. | 1291 | 15686 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vital Farms, Inc. \* | 2774 | 114150 |
|  |  | 4944481 |
| ***Gas Utilities — 0.9%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Chesapeake Utilities Corp. | 2106 | 283657 |
| &nbsp;&nbsp;&nbsp;&nbsp;MDU Resources Group, Inc. | 11285 | 200986 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Fuel Gas Co. | 4000 | 369480 |
| &nbsp;&nbsp;&nbsp;&nbsp;New Jersey Resources Corp. | 9687 | 466429 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northwest Natural Holding Co. | 3354 | 150695 |
| &nbsp;&nbsp;&nbsp;&nbsp;ONE Gas, Inc. | 5011 | 405590 |
| &nbsp;&nbsp;&nbsp;&nbsp;RGC Resources, Inc. | 600 | 13464 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southwest Gas Holdings, Inc. | 4019 | 314849 |
| &nbsp;&nbsp;&nbsp;&nbsp;Spire, Inc. | 4808 | 391948 |
| &nbsp;&nbsp;&nbsp;&nbsp;UGI Corp. | 6235 | 207376 |
|  |  | 2804474 |
| ***Ground Transportation — 0.8%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;ArcBest Corp. | 2227 | 155600 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avis Budget Group, Inc. \*@ | 279 | 44800 |
| &nbsp;&nbsp;&nbsp;&nbsp;Covenant Logistics Group, Inc. | 1720 | 37255 |
| &nbsp;&nbsp;&nbsp;&nbsp;Heartland Express, Inc. | 5239 | 43903 |
| &nbsp;&nbsp;&nbsp;&nbsp;JB Hunt Transport Services, Inc. | 221 | 29652 |
| &nbsp;&nbsp;&nbsp;&nbsp;Knight-Swift Transportation Holdings, Inc. | 10458 | 413196 |
| &nbsp;&nbsp;&nbsp;&nbsp;Landstar System, Inc. | 2867 | 351380 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marten Transport Ltd. | 7902 | 84235 |
| &nbsp;&nbsp;&nbsp;&nbsp;PAMT Corp. \* | 2517 | 28694 |
| &nbsp;&nbsp;&nbsp;&nbsp;RXO, Inc. \* | 1530 | 23531 |
| &nbsp;&nbsp;&nbsp;&nbsp;Saia, Inc. \* | 1087 | 325404 |
| &nbsp;&nbsp;&nbsp;&nbsp;Schneider National, Inc., Class B | 1500 | 31740 |
| &nbsp;&nbsp;&nbsp;&nbsp;U-Haul Holding Co. \*@ | 1058 | 60380 |
| &nbsp;&nbsp;&nbsp;&nbsp;U-Haul Holding Co. | 9522 | 484670 |
| &nbsp;&nbsp;&nbsp;&nbsp;Universal Logistics Holdings, Inc. @ | 2139 | 50138 |
| &nbsp;&nbsp;&nbsp;&nbsp;Werner Enterprises, Inc. | 6118 | 161026 |
| &nbsp;&nbsp;&nbsp;&nbsp;XPO, Inc. \* | 2025 | 261772 |
|  |  | 2587376 |
| ***Health Care Equipment & Supplies — 1.7%*** | ***Health Care Equipment & Supplies — 1.7%*** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;ABIOMED, Inc. CVR \*¶§ | 90 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Align Technology, Inc. \* | 275 | 34436 |
| &nbsp;&nbsp;&nbsp;&nbsp;AngioDynamics, Inc. \* | 2110 | 23569 |
| &nbsp;&nbsp;&nbsp;&nbsp;Artivion, Inc. \* | 5028 | 212886 |
| &nbsp;&nbsp;&nbsp;&nbsp;AtriCure, Inc. \* | 1614 | 56893 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avanos Medical, Inc. \* | 2452 | 28345 |
| &nbsp;&nbsp;&nbsp;&nbsp;Axogen, Inc. \*@ | 2643 | 47151 |
| &nbsp;&nbsp;&nbsp;&nbsp;Baxter International, Inc. | 5113 | 116423 |
| &nbsp;&nbsp;&nbsp;&nbsp;CONMED Corp. | 2255 | 106053 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cooper Cos., Inc. (The) \* | 2163 | 148295 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dentsply Sirona, Inc. | 4402 | 55861 |
| &nbsp;&nbsp;&nbsp;&nbsp;Electromed, Inc. \* | 2175 | 53396 |
| &nbsp;&nbsp;&nbsp;&nbsp;Embecta Corp. | 2452 | 34598 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enovis Corp. \* | 2582 | 78338 |
| &nbsp;&nbsp;&nbsp;&nbsp;Envista Holdings Corp. \* | 7727 | 157399 |
| &nbsp;&nbsp;&nbsp;&nbsp;FONAR Corp. \*@ | 1282 | 19307 |
| &nbsp;&nbsp;&nbsp;&nbsp;Globus Medical, Inc., Class A \* | 8354 | 478434 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Haemonetics Corp. \* | 5164 | $251693 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hologic, Inc. \* | 3027 | 204292 |
| &nbsp;&nbsp;&nbsp;&nbsp;Insulet Corp. \* | 999 | 308421 |
| &nbsp;&nbsp;&nbsp;&nbsp;Integer Holdings Corp. \* | 3152 | 325696 |
| &nbsp;&nbsp;&nbsp;&nbsp;Integra LifeSciences Holdings Corp. \* | 6371 | 91296 |
| &nbsp;&nbsp;&nbsp;&nbsp;iRadimed Corp. | 704 | 50097 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lantheus Holdings, Inc. \* | 3768 | 193261 |
| &nbsp;&nbsp;&nbsp;&nbsp;LeMaitre Vascular, Inc. | 1935 | 169332 |
| &nbsp;&nbsp;&nbsp;&nbsp;LENSAR, Inc. \*@ | 1385 | 17105 |
| &nbsp;&nbsp;&nbsp;&nbsp;LivaNova PLC \* | 1964 | 102874 |
| &nbsp;&nbsp;&nbsp;&nbsp;Masimo Corp. \* | 762 | 112433 |
| &nbsp;&nbsp;&nbsp;&nbsp;Merit Medical Systems, Inc. \* | 3513 | 292387 |
| &nbsp;&nbsp;&nbsp;&nbsp;Neogen Corp. \* | 10822 | 61794 |
| &nbsp;&nbsp;&nbsp;&nbsp;Omnicell, Inc. \* | 4593 | 139857 |
| &nbsp;&nbsp;&nbsp;&nbsp;OraSure Technologies, Inc. \* | 6967 | 22364 |
| &nbsp;&nbsp;&nbsp;&nbsp;OrthoPediatrics Corp. \* | 1252 | 23200 |
| &nbsp;&nbsp;&nbsp;&nbsp;Penumbra, Inc. \* | 1722 | 436217 |
| &nbsp;&nbsp;&nbsp;&nbsp;QuidelOrtho Corp. \* | 446 | 13135 |
| &nbsp;&nbsp;&nbsp;&nbsp;Surmodics, Inc. \* | 1788 | 53443 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tactile Systems Technology, Inc. \* | 1239 | 17148 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teleflex, Inc. | 992 | 121381 |
| &nbsp;&nbsp;&nbsp;&nbsp;UFP Technologies, Inc. \* | 700 | 139720 |
| &nbsp;&nbsp;&nbsp;&nbsp;Utah Medical Products, Inc. | 630 | 39671 |
| &nbsp;&nbsp;&nbsp;&nbsp;Varex Imaging Corp. \* | 578 | 7167 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zimmer Biomet Holdings, Inc. | 4345 | 427982 |
|  |  | 5273350 |
| ***Health Care Providers & Services — 3.2%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Acadia Healthcare Co., Inc. \* | 3752 | 92900 |
| &nbsp;&nbsp;&nbsp;&nbsp;Addus HomeCare Corp. \* | 1872 | 220877 |
| &nbsp;&nbsp;&nbsp;&nbsp;AMN Healthcare Services, Inc. \* | 3754 | 72677 |
| &nbsp;&nbsp;&nbsp;&nbsp;Astrana Health, Inc. \* | 2026 | 57437 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brookdale Senior Living, Inc. \* | 7211 | 61077 |
| &nbsp;&nbsp;&nbsp;&nbsp;Castle Biosciences, Inc. \* | 1302 | 29647 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chemed Corp. | 896 | 401175 |
| &nbsp;&nbsp;&nbsp;&nbsp;Concentra Group Holdings Parent, Inc. | 9795 | 205009 |
| &nbsp;&nbsp;&nbsp;&nbsp;CorVel Corp. \* | 3061 | 236983 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cross Country Healthcare, Inc. \* | 3321 | 47158 |
| &nbsp;&nbsp;&nbsp;&nbsp;DaVita, Inc. \* | 8508 | 1130458 |
| &nbsp;&nbsp;&nbsp;&nbsp;Encompass Health Corp. | 6968 | 885075 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enhabit, Inc. \* | 1307 | 10469 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ensign Group, Inc. (The) | 3414 | 589837 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fulgent Genetics, Inc. \* | 2336 | 52794 |
| &nbsp;&nbsp;&nbsp;&nbsp;HealthEquity, Inc. \* | 4526 | 428929 |
| &nbsp;&nbsp;&nbsp;&nbsp;Henry Schein, Inc. \* | 7338 | 487023 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hims & Hers Health, Inc. \*@ | 379 | 21497 |
| &nbsp;&nbsp;&nbsp;&nbsp;Molina Healthcare, Inc. \* | 361 | 69081 |
| &nbsp;&nbsp;&nbsp;&nbsp;National HealthCare Corp. | 1582 | 192229 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Research Corp. | 2987 | 38174 |
| &nbsp;&nbsp;&nbsp;&nbsp;NeoGenomics, Inc. \* | 4322 | 33366 |
| &nbsp;&nbsp;&nbsp;&nbsp;Option Care Health, Inc. \* | 7998 | 222024 |
| &nbsp;&nbsp;&nbsp;&nbsp;Owens & Minor, Inc. \* | 2201 | 10565 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pediatrix Medical Group, Inc. \* | 2708 | 45359 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pennant Group, Inc. (The) \* | 2408 | 60730 |
| &nbsp;&nbsp;&nbsp;&nbsp;Premier, Inc., Class A @ | 3050 | 84790 |
| &nbsp;&nbsp;&nbsp;&nbsp;Quest Diagnostics, Inc. | 2337 | 445385 |
| &nbsp;&nbsp;&nbsp;&nbsp;RadNet, Inc. \*@ | 5402 | 411686 |
| &nbsp;&nbsp;&nbsp;&nbsp;Select Medical Holdings Corp. | 12138 | 155852 |
| &nbsp;&nbsp;&nbsp;&nbsp;Surgery Partners, Inc. \* | 1984 | 42934 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tenet Healthcare Corp. \* | 10669 | 2166234 |
| &nbsp;&nbsp;&nbsp;&nbsp;U.S. Physical Therapy, Inc. | 1511 | 128359 |
| &nbsp;&nbsp;&nbsp;&nbsp;Universal Health Services, Inc., Class B | 3730 | 762561 |
|  |  | 9900351 |
| ***Health Care Technology — 0.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Certara, Inc. \* | 6275 | 76681 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA U.S. Small Company Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***Health Care Technology (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Doximity, Inc., Class A \* | 2443 | $178705 |
| &nbsp;&nbsp;&nbsp;&nbsp;Evolent Health, Inc., Class A \*@ | 5196 | 43958 |
| &nbsp;&nbsp;&nbsp;&nbsp;HealthStream, Inc. | 2771 | 78253 |
| &nbsp;&nbsp;&nbsp;&nbsp;Simulations Plus, Inc. \*@ | 1298 | 19561 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teladoc Health, Inc. \* | 2607 | 20152 |
| &nbsp;&nbsp;&nbsp;&nbsp;TruBridge, Inc. \* | 1636 | 32998 |
|  |  | 450308 |
| ***Hotels, Restaurants & Leisure — 3.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Aramark | 20945 | 804288 |
| &nbsp;&nbsp;&nbsp;&nbsp;Biglari Holdings, Inc., Class A \*@ | 7 | 10815 |
| &nbsp;&nbsp;&nbsp;&nbsp;Biglari Holdings, Inc., Class B \*@ | 74 | 23950 |
| &nbsp;&nbsp;&nbsp;&nbsp;BJ's Restaurants, Inc. \*@ | 2751 | 83988 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bloomin' Brands, Inc. | 5028 | 36051 |
| &nbsp;&nbsp;&nbsp;&nbsp;Boyd Gaming Corp. | 2637 | 227969 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brightstar Lottery PLC @ | 969 | 16715 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brinker International, Inc. \* | 4610 | 583995 |
| &nbsp;&nbsp;&nbsp;&nbsp;Caesars Entertainment, Inc. \* | 5163 | 139530 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cheesecake Factory, Inc. (The) | 5035 | 275112 |
| &nbsp;&nbsp;&nbsp;&nbsp;Choice Hotels International, Inc. @ | 5300 | 566623 |
| &nbsp;&nbsp;&nbsp;&nbsp;Churchill Downs, Inc. | 6075 | 589336 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cracker Barrel Old Country Store, Inc. @ | 2324 | 102395 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dave & Buster's Entertainment, Inc. \* | 2282 | 41441 |
| &nbsp;&nbsp;&nbsp;&nbsp;Denny's Corp. \* | 4694 | 24550 |
| &nbsp;&nbsp;&nbsp;&nbsp;Domino's Pizza, Inc. | 558 | 240894 |
| &nbsp;&nbsp;&nbsp;&nbsp;DraftKings, Inc., Class A \* | 7597 | 284128 |
| &nbsp;&nbsp;&nbsp;&nbsp;El Pollo Loco Holdings, Inc. \* | 2723 | 26413 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hyatt Hotels Corp., Class A | 811 | 115105 |
| &nbsp;&nbsp;&nbsp;&nbsp;Inspired Entertainment, Inc. \* | 1305 | 12241 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kura Sushi USA, Inc., Class A \* | 365 | 21685 |
| &nbsp;&nbsp;&nbsp;&nbsp;Light & Wonder, Inc. \*@ | 1829 | 153526 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marriott Vacations Worldwide Corp. @ | 3349 | 222909 |
| &nbsp;&nbsp;&nbsp;&nbsp;Monarch Casino & Resort, Inc. | 1490 | 157702 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nathan's Famous, Inc. | 681 | 75414 |
| &nbsp;&nbsp;&nbsp;&nbsp;Norwegian Cruise Line Holdings Ltd. \* | 7256 | 178715 |
| &nbsp;&nbsp;&nbsp;&nbsp;Papa John's International, Inc. @ | 3338 | 160725 |
| &nbsp;&nbsp;&nbsp;&nbsp;Penn Entertainment, Inc. \*@ | 4594 | 88480 |
| &nbsp;&nbsp;&nbsp;&nbsp;Planet Fitness, Inc., Class A \* | 8887 | 922471 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shake Shack, Inc., Class A \* | 2266 | 212120 |
| &nbsp;&nbsp;&nbsp;&nbsp;Texas Roadhouse, Inc. | 5745 | 954532 |
| &nbsp;&nbsp;&nbsp;&nbsp;Travel + Leisure Co. | 3181 | 189238 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Parks & Resorts, Inc. \*@ | 3740 | 193358 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vail Resorts, Inc. @ | 1779 | 266085 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wendy's Co. (The) @ | 22109 | 202518 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wingstop, Inc. @ | 1117 | 281126 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wyndham Hotels & Resorts, Inc. | 5481 | 437932 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wynn Resorts Ltd. | 5043 | 646866 |
|  |  | 9570941 |
| ***Household Durables — 3.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bassett Furniture Industries, Inc. | 1080 | 16891 |
| &nbsp;&nbsp;&nbsp;&nbsp;Beazer Homes USA, Inc. \* | 1643 | 40336 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cavco Industries, Inc. \* | 691 | 401285 |
| &nbsp;&nbsp;&nbsp;&nbsp;Century Communities, Inc. | 3367 | 213367 |
| &nbsp;&nbsp;&nbsp;&nbsp;Champion Homes, Inc. \* | 2566 | 195965 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ethan Allen Interiors, Inc. | 2598 | 76537 |
| &nbsp;&nbsp;&nbsp;&nbsp;Flexsteel Industries, Inc. | 1069 | 49548 |
| &nbsp;&nbsp;&nbsp;&nbsp;Green Brick Partners, Inc. \* | 4024 | 297213 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hamilton Beach Brands Holding Co., Class A | 2000 | 28740 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | **SHARES** | **VALUE†** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Helen of Troy Ltd. \* | 2629 | $| 66251 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hooker Furnishings Corp. | 1742 |  | 17681 |
| &nbsp;&nbsp;&nbsp;&nbsp;Installed Building Products, Inc. | 3050 |  | 752313 |
| &nbsp;&nbsp;&nbsp;&nbsp;KB Home | 7849 |  | 499510 |
| &nbsp;&nbsp;&nbsp;&nbsp;La-Z-Boy, Inc. | 4321 |  | 148297 |
| &nbsp;&nbsp;&nbsp;&nbsp;Leggett & Platt, Inc. | 5052 |  | 44862 |
| &nbsp;&nbsp;&nbsp;&nbsp;LGI Homes, Inc. \* | 624 |  | 32267 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lifetime Brands, Inc. | 2082 |  | 8057 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lovesac Co. (The) \*@ | 794 |  | 13442 |
| &nbsp;&nbsp;&nbsp;&nbsp;M/I Homes, Inc. \* | 2340 |  | 337990 |
| &nbsp;&nbsp;&nbsp;&nbsp;Meritage Homes Corp. | 6982 |  | 505706 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mohawk Industries, Inc. \* | 3847 |  | 495955 |
| &nbsp;&nbsp;&nbsp;&nbsp;Newell Brands, Inc. | 11481 |  | 60161 |
| &nbsp;&nbsp;&nbsp;&nbsp;Orleans Homebuilders, Inc. \*@§ | 4953 |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;SharkNinja, Inc. \* | 907 |  | 93557 |
| &nbsp;&nbsp;&nbsp;&nbsp;Somnigroup International, Inc. @ | 18183 |  | 1533372 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sonos, Inc. \* | 3418 |  | 54004 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taylor Morrison Home Corp. \* | 9778 |  | 645446 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toll Brothers, Inc. | 10507 |  | 1451437 |
| &nbsp;&nbsp;&nbsp;&nbsp;TopBuild Corp. \*@ | 2826 |  | 1104570 |
| &nbsp;&nbsp;&nbsp;&nbsp;TRI Pointe Homes, Inc. \* | 9397 |  | 319216 |
| &nbsp;&nbsp;&nbsp;&nbsp;Universal Electronics, Inc. \* | 1292 |  | 6021 |
| &nbsp;&nbsp;&nbsp;&nbsp;Whirlpool Corp. | 218 |  | 17135 |
|  |  |  | 9527132 |
| ***Household Products — 0.2%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Central Garden & Pet Co. \* | 427 |  | 13942 |
| &nbsp;&nbsp;&nbsp;&nbsp;Central Garden & Pet Co., Class A \* | 5031 |  | 148565 |
| &nbsp;&nbsp;&nbsp;&nbsp;Clorox Co. (The) | 1886 |  | 232544 |
| &nbsp;&nbsp;&nbsp;&nbsp;Spectrum Brands Holdings, Inc. | 1189 |  | 62458 |
| &nbsp;&nbsp;&nbsp;&nbsp;WD-40 Co. | 1229 |  | 242850 |
|  |  |  | 700359 |
| ***Independent Power Producers & Energy Traders — 0.3%*** | ***Independent Power Producers & Energy Traders — 0.3%*** | ***Independent Power Producers & Energy Traders — 0.3%*** | ***Independent Power Producers & Energy Traders — 0.3%*** |
| &nbsp;&nbsp;&nbsp;&nbsp;AES Corp. (The) | 8066 |  | 106148 |
| &nbsp;&nbsp;&nbsp;&nbsp;Clearway Energy, Inc., Class A | 3716 |  | 100072 |
| &nbsp;&nbsp;&nbsp;&nbsp;Clearway Energy, Inc., Class C | 8971 |  | 253431 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hallador Energy Co. \* | 3193 |  | 62487 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ormat Technologies, Inc. | 5451 |  | 524659 |
|  |  |  | 1046797 |
| ***Insurance — 4.1%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ambac Financial Group, Inc. \* | 900 |  | 7506 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Financial Group, Inc. | 3696 |  | 538581 |
| &nbsp;&nbsp;&nbsp;&nbsp;AMERISAFE, Inc. | 1125 |  | 49320 |
| &nbsp;&nbsp;&nbsp;&nbsp;Assurant, Inc. | 4101 |  | 888277 |
| &nbsp;&nbsp;&nbsp;&nbsp;Assured Guaranty Ltd. | 4657 |  | 394215 |
| &nbsp;&nbsp;&nbsp;&nbsp;Axis Capital Holdings Ltd. | 4830 |  | 462714 |
| &nbsp;&nbsp;&nbsp;&nbsp;Baldwin Insurance Group, Inc. (The) \*@ | 3130 |  | 88297 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brighthouse Financial, Inc. \* | 3337 |  | 177128 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citizens, Inc. \* | 6126 |  | 32161 |
| &nbsp;&nbsp;&nbsp;&nbsp;CNO Financial Group, Inc. | 8455 |  | 334395 |
| &nbsp;&nbsp;&nbsp;&nbsp;Crawford & Co., Class A | 3214 |  | 34390 |
| &nbsp;&nbsp;&nbsp;&nbsp;Crawford & Co., Class B | 3345 |  | 32714 |
| &nbsp;&nbsp;&nbsp;&nbsp;Donegal Group, Inc., Class A | 2745 |  | 53225 |
| &nbsp;&nbsp;&nbsp;&nbsp;Employers Holdings, Inc. | 2665 |  | 113209 |
| &nbsp;&nbsp;&nbsp;&nbsp;Everest Group Ltd. | 18 |  | 6304 |
| &nbsp;&nbsp;&nbsp;&nbsp;F&G Annuities & Life, Inc. | 877 |  | 27424 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fidelity National Financial, Inc. | 3987 |  | 241174 |
| &nbsp;&nbsp;&nbsp;&nbsp;First American Financial Corp. | 7508 |  | 482314 |
| &nbsp;&nbsp;&nbsp;&nbsp;Genworth Financial, Inc. \* | 14918 |  | 132770 |
| &nbsp;&nbsp;&nbsp;&nbsp;Globe Life, Inc. | 3866 |  | 552722 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA U.S. Small Company Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***Insurance (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Hanover Insurance Group, Inc. (The) | 2145 | $389596 |
| &nbsp;&nbsp;&nbsp;&nbsp;HCI Group, Inc. | 741 | 142220 |
| &nbsp;&nbsp;&nbsp;&nbsp;Horace Mann Educators Corp. | 4392 | 198387 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investors Title Co. | 279 | 74725 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kemper Corp. | 5843 | 301207 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kinsale Capital Group, Inc. | 808 | 343610 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lincoln National Corp. | 7815 | 315179 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mercury General Corp. | 3869 | 328014 |
| &nbsp;&nbsp;&nbsp;&nbsp;Old Republic International Corp. | 20327 | 863288 |
| &nbsp;&nbsp;&nbsp;&nbsp;Palomar Holdings, Inc. \* | 1593 | 185983 |
| &nbsp;&nbsp;&nbsp;&nbsp;Primerica, Inc. | 2788 | 773921 |
| &nbsp;&nbsp;&nbsp;&nbsp;Reinsurance Group of America, Inc. | 3182 | 611358 |
| &nbsp;&nbsp;&nbsp;&nbsp;RenaissanceRe Holdings Ltd. | 2896 | 735381 |
| &nbsp;&nbsp;&nbsp;&nbsp;RLI Corp. | 8062 | 525804 |
| &nbsp;&nbsp;&nbsp;&nbsp;Safety Insurance Group, Inc. | 1493 | 105540 |
| &nbsp;&nbsp;&nbsp;&nbsp;Selective Insurance Group, Inc. | 5516 | 447182 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stewart Information Services Corp. | 2578 | 189019 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trupanion, Inc. \* | 335 | 14499 |
| &nbsp;&nbsp;&nbsp;&nbsp;Unico American Corp. \*§ | 1700 | 51 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Fire Group, Inc. | 1185 | 36048 |
| &nbsp;&nbsp;&nbsp;&nbsp;Universal Insurance Holdings, Inc. | 2828 | 74376 |
| &nbsp;&nbsp;&nbsp;&nbsp;Unum Group | 14680 | 1141810 |
| &nbsp;&nbsp;&nbsp;&nbsp;White Mountains Insurance Group Ltd. | 170 | 284158 |
|  |  | 12730196 |
| ***Interactive Media & Services — 0.4%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Cargurus, Inc. \* | 1272 | 47357 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cars.com, Inc. \* | 3931 | 48037 |
| &nbsp;&nbsp;&nbsp;&nbsp;Match Group, Inc. | 6820 | 240882 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pinterest, Inc., Class A \* | 4203 | 135211 |
| &nbsp;&nbsp;&nbsp;&nbsp;QuinStreet, Inc. \* | 858 | 13273 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shutterstock, Inc. | 1210 | 25228 |
| &nbsp;&nbsp;&nbsp;&nbsp;Snap, Inc., Class A \* | 24958 | 192426 |
| &nbsp;&nbsp;&nbsp;&nbsp;TripAdvisor, Inc. \* | 4913 | 79885 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yelp, Inc. \* | 4724 | 147389 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ziff Davis, Inc. \* | 2996 | 114148 |
| &nbsp;&nbsp;&nbsp;&nbsp;ZoomInfo Technologies, Inc. \* | 5496 | 59961 |
|  |  | 1103797 |
| ***IT Services — 0.7%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Akamai Technologies, Inc. \* | 1237 | 93715 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amdocs Ltd. | 5319 | 436424 |
| &nbsp;&nbsp;&nbsp;&nbsp;ASGN, Inc. \* | 4078 | 193093 |
| &nbsp;&nbsp;&nbsp;&nbsp;DXC Technology Co. \* | 5492 | 74856 |
| &nbsp;&nbsp;&nbsp;&nbsp;EPAM Systems, Inc. \* | 367 | 55340 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fastly, Inc., Class A \* | 1787 | 15279 |
| &nbsp;&nbsp;&nbsp;&nbsp;Globant SA \* | 1444 | 82857 |
| &nbsp;&nbsp;&nbsp;&nbsp;Grid Dynamics Holdings, Inc. \* | 2704 | 20848 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hackett Group, Inc. (The) | 3495 | 66440 |
| &nbsp;&nbsp;&nbsp;&nbsp;Information Services Group, Inc. | 2180 | 12535 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kyndryl Holdings, Inc. \* | 2623 | 78769 |
| &nbsp;&nbsp;&nbsp;&nbsp;MongoDB, Inc. \* | 712 | 220990 |
| &nbsp;&nbsp;&nbsp;&nbsp;Okta, Inc. \* | 5003 | 458775 |
| &nbsp;&nbsp;&nbsp;&nbsp;Twilio, Inc., Class A \* | 3932 | 393554 |
|  |  | 2203475 |
| ***Leisure Equipment & Products — 0.4%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Acushnet Holdings Corp. | 541 | 42463 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Outdoor Brands, Inc. \* | 1946 | 16891 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brunswick Corp. | 3312 | 209451 |
| &nbsp;&nbsp;&nbsp;&nbsp;Escalade, Inc. @ | 1950 | 24512 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hasbro, Inc. | 3807 | 288761 |
| &nbsp;&nbsp;&nbsp;&nbsp;Johnson Outdoors, Inc., Class A | 1000 | 40390 |
| &nbsp;&nbsp;&nbsp;&nbsp;Malibu Boats, Inc., Class A \* | 2116 | 68664 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Marine Products Corp. @ | 3930 | $34859 |
| &nbsp;&nbsp;&nbsp;&nbsp;MasterCraft Boat Holdings, Inc. \*@ | 1583 | 33971 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mattel, Inc. \* | 16916 | 284696 |
| &nbsp;&nbsp;&nbsp;&nbsp;Polaris, Inc. @ | 1935 | 112482 |
| &nbsp;&nbsp;&nbsp;&nbsp;Smith & Wesson Brands, Inc. @ | 2884 | 28350 |
| &nbsp;&nbsp;&nbsp;&nbsp;Topgolf Callaway Brands Corp. \* | 5300 | 50350 |
|  |  | 1235840 |
| ***Life Sciences Tools & Services — 1.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Avantor, Inc. \* | 7284 | 90904 |
| &nbsp;&nbsp;&nbsp;&nbsp;Azenta, Inc. \* | 937 | 26911 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bio-Rad Laboratories, Inc., Class A \* | 457 | 128138 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bio-Techne Corp. | 3837 | 213452 |
| &nbsp;&nbsp;&nbsp;&nbsp;BioLife Solutions, Inc. \* | 1278 | 32602 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bruker Corp. | 5636 | 183114 |
| &nbsp;&nbsp;&nbsp;&nbsp;Charles River Laboratories International, Inc. \* | 991 | 155052 |
| &nbsp;&nbsp;&nbsp;&nbsp;CryoPort, Inc. \* | 2607 | 24714 |
| &nbsp;&nbsp;&nbsp;&nbsp;ICON PLC \* | 104 | 18200 |
| &nbsp;&nbsp;&nbsp;&nbsp;Illumina, Inc. \* | 2261 | 214727 |
| &nbsp;&nbsp;&nbsp;&nbsp;Medpace Holdings, Inc. \* | 2141 | 1100817 |
| &nbsp;&nbsp;&nbsp;&nbsp;OmniAb, Inc. \* | 8462 | 13539 |
| &nbsp;&nbsp;&nbsp;&nbsp;OmniAb, Inc. \*§ | 654 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;OmniAb, Inc. \*§ | 654 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Repligen Corp. \* | 2618 | 349948 |
| &nbsp;&nbsp;&nbsp;&nbsp;Revvity, Inc. @ | 2555 | 223946 |
| &nbsp;&nbsp;&nbsp;&nbsp;Waters Corp. \* | 1196 | 358573 |
| &nbsp;&nbsp;&nbsp;&nbsp;West Pharmaceutical Services, Inc. | 1019 | 267314 |
|  |  | 3401951 |
| ***Machinery — 5.5%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Aebi Schmidt Holding AG | 4070 | 50753 |
| &nbsp;&nbsp;&nbsp;&nbsp;AGCO Corp. | 4840 | 518219 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alamo Group, Inc. | 1213 | 231562 |
| &nbsp;&nbsp;&nbsp;&nbsp;Albany International Corp., Class A | 2901 | 154623 |
| &nbsp;&nbsp;&nbsp;&nbsp;Allison Transmission Holdings, Inc. | 6647 | 564197 |
| &nbsp;&nbsp;&nbsp;&nbsp;Astec Industries, Inc. | 1354 | 65168 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chart Industries, Inc. \* | 3344 | 669302 |
| &nbsp;&nbsp;&nbsp;&nbsp;CNH Industrial NV | 11489 | 124656 |
| &nbsp;&nbsp;&nbsp;&nbsp;Columbus McKinnon Corp. | 2642 | 37886 |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial Vehicle Group, Inc. \* | 1240 | 2108 |
| &nbsp;&nbsp;&nbsp;&nbsp;Crane Co. | 3089 | 568808 |
| &nbsp;&nbsp;&nbsp;&nbsp;Donaldson Co., Inc. | 8206 | 671661 |
| &nbsp;&nbsp;&nbsp;&nbsp;Douglas Dynamics, Inc. | 2507 | 78369 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eastern Co. (The) | 776 | 18205 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enerpac Tool Group Corp. | 4909 | 201269 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enpro, Inc. | 1812 | 409512 |
| &nbsp;&nbsp;&nbsp;&nbsp;Esab Corp. | 418 | 46707 |
| &nbsp;&nbsp;&nbsp;&nbsp;ESCO Technologies, Inc. | 2269 | 479009 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Signal Corp. | 5267 | 626720 |
| &nbsp;&nbsp;&nbsp;&nbsp;Flowserve Corp. | 2564 | 136251 |
| &nbsp;&nbsp;&nbsp;&nbsp;Franklin Electric Co., Inc. | 4975 | 473620 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gorman-Rupp Co. (The) | 2754 | 127813 |
| &nbsp;&nbsp;&nbsp;&nbsp;Graco, Inc. | 4511 | 383255 |
| &nbsp;&nbsp;&nbsp;&nbsp;Greenbrier Cos., Inc. (The) | 2663 | 122951 |
| &nbsp;&nbsp;&nbsp;&nbsp;Helios Technologies, Inc. | 2930 | 152741 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hurco Cos., Inc. \* | 1000 | 17400 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hyster-Yale, Inc. | 165 | 6082 |
| &nbsp;&nbsp;&nbsp;&nbsp;IDEX Corp. | 100 | 16276 |
| &nbsp;&nbsp;&nbsp;&nbsp;ITT, Inc. | 5131 | 917218 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kadant, Inc. | 1029 | 306210 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kennametal, Inc. | 3360 | 70325 |
| &nbsp;&nbsp;&nbsp;&nbsp;L.B. Foster Co., Class A \* | 1565 | 42177 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lincoln Electric Holdings, Inc. | 3365 | 793568 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lindsay Corp. | 1109 | 155881 |
| &nbsp;&nbsp;&nbsp;&nbsp;Manitowoc Co., Inc. (The) \* | 3607 | 36106 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA U.S. Small Company Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***Machinery (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Middleby Corp. (The) \* | 2710 | $360240 |
| &nbsp;&nbsp;&nbsp;&nbsp;Miller Industries, Inc. | 1261 | 50970 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mueller Industries, Inc. | 9528 | 963376 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mueller Water Products, Inc., Class A | 15406 | 393161 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nordson Corp. | 846 | 192000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Omega Flex, Inc. | 590 | 18399 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oshkosh Corp. | 4130 | 535661 |
| &nbsp;&nbsp;&nbsp;&nbsp;Park-Ohio Holdings Corp. | 2182 | 46346 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pentair PLC | 11013 | 1219800 |
| &nbsp;&nbsp;&nbsp;&nbsp;Perma-Pipe International Holdings, Inc. \*@ | 1900 | 44517 |
| &nbsp;&nbsp;&nbsp;&nbsp;RBC Bearings, Inc. \* | 336 | 131137 |
| &nbsp;&nbsp;&nbsp;&nbsp;Snap-on, Inc. | 709 | 245690 |
| &nbsp;&nbsp;&nbsp;&nbsp;SPX Technologies, Inc. \* | 4109 | 767479 |
| &nbsp;&nbsp;&nbsp;&nbsp;Standex International Corp. | 1107 | 234573 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stanley Black & Decker, Inc. | 2632 | 195637 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tennant Co. | 1721 | 139504 |
| &nbsp;&nbsp;&nbsp;&nbsp;Terex Corp. | 6303 | 323344 |
| &nbsp;&nbsp;&nbsp;&nbsp;Timken Co. (The) | 6902 | 518892 |
| &nbsp;&nbsp;&nbsp;&nbsp;Titan International, Inc. \* | 4338 | 32795 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toro Co. (The) | 3825 | 291465 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trinity Industries, Inc. | 4908 | 137620 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wabash National Corp. | 2121 | 20934 |
| &nbsp;&nbsp;&nbsp;&nbsp;Watts Water Technologies, Inc., Class A | 2360 | 659101 |
| &nbsp;&nbsp;&nbsp;&nbsp;Worthington Enterprises, Inc. | 4458 | 247374 |
|  |  | 17046623 |
| ***Marine Transportation — 0.2%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Costamare Bulkers Holdings Ltd. \* | 1145 | 16454 |
| &nbsp;&nbsp;&nbsp;&nbsp;Costamare, Inc. | 5728 | 68220 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kirby Corp. \* | 4368 | 364510 |
| &nbsp;&nbsp;&nbsp;&nbsp;Matson, Inc. | 2963 | 292122 |
|  |  | 741306 |
| ***Media — 1.2%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Boston Omaha Corp., Class A \*@ | 1358 | 17763 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cable One, Inc. | 179 | 31692 |
| &nbsp;&nbsp;&nbsp;&nbsp;DoubleVerify Holdings, Inc. \* | 5203 | 62332 |
| &nbsp;&nbsp;&nbsp;&nbsp;Entravision Communications Corp., Class A | 3329 | 7756 |
| &nbsp;&nbsp;&nbsp;&nbsp;EW Scripps Co. (The), Class A \* | 7073 | 17400 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fox Corp., Class A | 3642 | 229664 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fox Corp., Class B | 817 | 46806 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gannett Co., Inc. \* | 1 | 4 |
| &nbsp;&nbsp;&nbsp;&nbsp;GCI Liberty, Inc. \*§ | 8984 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gray Media, Inc. @ | 8433 | 48743 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interpublic Group of Cos., Inc. (The) | 12645 | 352922 |
| &nbsp;&nbsp;&nbsp;&nbsp;John Wiley & Sons, Inc., Class A | 2491 | 100811 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liberty Broadband Corp., Class A \* | 824 | 52184 |
| &nbsp;&nbsp;&nbsp;&nbsp;Liberty Broadband Corp., Class C \* | 2320 | 147413 |
| &nbsp;&nbsp;&nbsp;&nbsp;Magnite, Inc. \*@ | 3879 | 84485 |
| &nbsp;&nbsp;&nbsp;&nbsp;New York Times Co. (The), Class A | 17457 | 1002032 |
| &nbsp;&nbsp;&nbsp;&nbsp;News Corp., Class A | 19977 | 613494 |
| &nbsp;&nbsp;&nbsp;&nbsp;News Corp., Class B | 7188 | 248345 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nexstar Media Group, Inc. | 2102 | 415649 |
| &nbsp;&nbsp;&nbsp;&nbsp;Omnicom Group, Inc. | 1627 | 132649 |
| &nbsp;&nbsp;&nbsp;&nbsp;Paramount Skydance Corp. | 2612 | 49419 |
| &nbsp;&nbsp;&nbsp;&nbsp;PubMatic, Inc., Class A \* | 3162 | 26181 |
| &nbsp;&nbsp;&nbsp;&nbsp;Saga Communications, Inc., Class A | 664 | 8260 |
| &nbsp;&nbsp;&nbsp;&nbsp;Scholastic Corp. | 1911 | 52323 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sinclair, Inc. @ | 2132 | 32193 |
| &nbsp;&nbsp;&nbsp;&nbsp;TechTarget, Inc. \* | 3517 | 20434 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Thryv Holdings, Inc. \* | 1938 | $23372 |
| &nbsp;&nbsp;&nbsp;&nbsp;WideOpenWest, Inc. \* | 4405 | 22730 |
|  |  | 3847056 |
| ***Metals & Mining — 1.7%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alcoa Corp. | 12275 | 403725 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alpha Metallurgical Resources, Inc. \* | 719 | 117981 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carpenter Technology Corp. | 3912 | 960552 |
| &nbsp;&nbsp;&nbsp;&nbsp;Century Aluminum Co. \* | 8912 | 261656 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cleveland-Cliffs, Inc. \*@ | 10926 | 133297 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coeur Mining, Inc. \* | 16461 | 308808 |
| &nbsp;&nbsp;&nbsp;&nbsp;Commercial Metals Co. | 12402 | 710387 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fortitude Gold Corp. | 4671 | 20366 |
| &nbsp;&nbsp;&nbsp;&nbsp;Friedman Industries, Inc. | 700 | 15327 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hecla Mining Co. | 30869 | 373515 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kaiser Aluminum Corp. | 1901 | 146681 |
| &nbsp;&nbsp;&nbsp;&nbsp;Materion Corp. | 1832 | 221324 |
| &nbsp;&nbsp;&nbsp;&nbsp;Metallus, Inc. \* | 3673 | 60715 |
| &nbsp;&nbsp;&nbsp;&nbsp;MP Materials Corp. \*@ | 4905 | 328978 |
| &nbsp;&nbsp;&nbsp;&nbsp;Olympic Steel, Inc. | 1200 | 36540 |
| &nbsp;&nbsp;&nbsp;&nbsp;Reliance, Inc. | 301 | 84530 |
| &nbsp;&nbsp;&nbsp;&nbsp;Royal Gold, Inc. | 4388 | 880145 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ryerson Holding Corp. @ | 4615 | 105499 |
| &nbsp;&nbsp;&nbsp;&nbsp;Steel Dynamics, Inc. | 380 | 52983 |
| &nbsp;&nbsp;&nbsp;&nbsp;SunCoke Energy, Inc. | 5320 | 43411 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tredegar Corp. \* | 3412 | 27398 |
| &nbsp;&nbsp;&nbsp;&nbsp;Warrior Met Coal, Inc. | 738 | 46966 |
|  |  | 5340784 |
| ***Multi-Utilities — 0.6%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Avista Corp. | 6896 | 260738 |
| &nbsp;&nbsp;&nbsp;&nbsp;Black Hills Corp. | 6023 | 370957 |
| &nbsp;&nbsp;&nbsp;&nbsp;NiSource, Inc. | 19524 | 845389 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northwestern Energy Group, Inc. | 4148 | 243114 |
| &nbsp;&nbsp;&nbsp;&nbsp;Unitil Corp. | 1923 | 92035 |
|  |  | 1812233 |
| ***Oil, Gas & Consumable Fuels — 2.2%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Amplify Energy Corp. \* | 1867 | 9802 |
| &nbsp;&nbsp;&nbsp;&nbsp;Antero Midstream Corp. | 32353 | 628942 |
| &nbsp;&nbsp;&nbsp;&nbsp;Antero Resources Corp. \* | 5180 | 173841 |
| &nbsp;&nbsp;&nbsp;&nbsp;APA Corp. | 7972 | 193560 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ardmore Shipping Corp. | 1612 | 19134 |
| &nbsp;&nbsp;&nbsp;&nbsp;Berry Corp. | 4166 | 15747 |
| &nbsp;&nbsp;&nbsp;&nbsp;California Resources Corp. | 1759 | 93544 |
| &nbsp;&nbsp;&nbsp;&nbsp;Centrus Energy Corp., Class A \*@ | 1074 | 333015 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chord Energy Corp. | 244 | 24246 |
| &nbsp;&nbsp;&nbsp;&nbsp;Civitas Resources, Inc. | 2093 | 68023 |
| &nbsp;&nbsp;&nbsp;&nbsp;CNX Resources Corp. \*@ | 16780 | 538974 |
| &nbsp;&nbsp;&nbsp;&nbsp;Comstock Resources, Inc. \*@ | 8676 | 172045 |
| &nbsp;&nbsp;&nbsp;&nbsp;Core Natural Resources, Inc. | 1743 | 145506 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coterra Energy, Inc. | 417 | 9862 |
| &nbsp;&nbsp;&nbsp;&nbsp;CVR Energy, Inc. \* | 1556 | 56763 |
| &nbsp;&nbsp;&nbsp;&nbsp;DHT Holdings, Inc. | 11638 | 139074 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dorian LPG Ltd. | 3332 | 99294 |
| &nbsp;&nbsp;&nbsp;&nbsp;DT Midstream, Inc. | 1881 | 212666 |
| &nbsp;&nbsp;&nbsp;&nbsp;Evolution Petroleum Corp. @ | 5356 | 25816 |
| &nbsp;&nbsp;&nbsp;&nbsp;Expand Energy Corp. | 39 | 4143 |
| &nbsp;&nbsp;&nbsp;&nbsp;Green Plains, Inc. \* | 3022 | 26563 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gulfport Energy Corp. \* | 944 | 170845 |
| &nbsp;&nbsp;&nbsp;&nbsp;HF Sinclair Corp. | 8792 | 460173 |
| &nbsp;&nbsp;&nbsp;&nbsp;International Seaways, Inc. @ | 4383 | 201969 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA U.S. Small Company Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***Oil, Gas & Consumable Fuels (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Magnolia Oil & Gas Corp., Class A | 7613 | $181722 |
| &nbsp;&nbsp;&nbsp;&nbsp;Matador Resources Co. | 10827 | 486457 |
| &nbsp;&nbsp;&nbsp;&nbsp;Murphy Oil Corp. @ | 7046 | 200177 |
| &nbsp;&nbsp;&nbsp;&nbsp;NACCO Industries, Inc., Class A | 533 | 22471 |
| &nbsp;&nbsp;&nbsp;&nbsp;New Fortress Energy, Inc. \*@ | 3932 | 8690 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nordic American Tankers Ltd. @ | 8255 | 25921 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Oil and Gas, Inc. | 1306 | 32389 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ovintiv, Inc. | 6163 | 248862 |
| &nbsp;&nbsp;&nbsp;&nbsp;Par Pacific Holdings, Inc. \* | 2616 | 92659 |
| &nbsp;&nbsp;&nbsp;&nbsp;PBF Energy, Inc., Class A | 6136 | 185123 |
| &nbsp;&nbsp;&nbsp;&nbsp;Peabody Energy Corp. | 3580 | 94942 |
| &nbsp;&nbsp;&nbsp;&nbsp;Permian Resources Corp. | 26947 | 344922 |
| &nbsp;&nbsp;&nbsp;&nbsp;Range Resources Corp. | 10825 | 407453 |
| &nbsp;&nbsp;&nbsp;&nbsp;REX American Resources Corp. \* | 3102 | 94983 |
| &nbsp;&nbsp;&nbsp;&nbsp;SandRidge Energy, Inc. | 2175 | 24534 |
| &nbsp;&nbsp;&nbsp;&nbsp;Scorpio Tankers, Inc. | 1144 | 64121 |
| &nbsp;&nbsp;&nbsp;&nbsp;SFL Corp. Ltd. @ | 4682 | 35255 |
| &nbsp;&nbsp;&nbsp;&nbsp;SM Energy Co. | 2124 | 53036 |
| &nbsp;&nbsp;&nbsp;&nbsp;Talos Energy, Inc. \* | 3212 | 30803 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teekay Corp. Ltd. | 4339 | 35493 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teekay Tankers Ltd., Class A @ | 1880 | 95034 |
| &nbsp;&nbsp;&nbsp;&nbsp;Viper Energy, Inc., Class A | 1730 | 66121 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vitesse Energy, Inc. @ | 2544 | 59097 |
| &nbsp;&nbsp;&nbsp;&nbsp;World Kinect Corp. @ | 2783 | 72219 |
|  |  | 6786031 |
| ***Paper & Forest Products — 0.2%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Clearwater Paper Corp. \* | 1838 | 38157 |
| &nbsp;&nbsp;&nbsp;&nbsp;Louisiana-Pacific Corp. | 6194 | 550275 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mercer International, Inc. | 7857 | 22628 |
| &nbsp;&nbsp;&nbsp;&nbsp;Resolute Forest Products, Inc. CVR \*¶§ | 7629 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sylvamo Corp. | 2483 | 109798 |
|  |  | 720858 |
| ***Passenger Airlines — 0.3%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Aduro Biotech, Inc. CVR \*¶§ | 237 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alaska Air Group, Inc. \* | 3915 | 194889 |
| &nbsp;&nbsp;&nbsp;&nbsp;Allegiant Travel Co. \*@ | 441 | 26799 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Airlines Group, Inc. \* | 12202 | 137150 |
| &nbsp;&nbsp;&nbsp;&nbsp;SkyWest, Inc. \* | 3627 | 364949 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southwest Airlines Co. @ | 10338 | 329886 |
|  |  | 1053673 |
| ***Personal Products — 0.4%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;BellRing Brands, Inc. \* | 7482 | 271971 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coty, Inc., Class A \* | 36213 | 146301 |
| &nbsp;&nbsp;&nbsp;&nbsp;Edgewell Personal Care Co. | 1329 | 27058 |
| &nbsp;&nbsp;&nbsp;&nbsp;elf Beauty, Inc. \* | 4063 | 538266 |
| &nbsp;&nbsp;&nbsp;&nbsp;Herbalife Ltd. \* | 600 | 5064 |
| &nbsp;&nbsp;&nbsp;&nbsp;Interparfums, Inc. | 2826 | 278022 |
| &nbsp;&nbsp;&nbsp;&nbsp;Medifast, Inc. \*@ | 1290 | 17634 |
| &nbsp;&nbsp;&nbsp;&nbsp;Natural Alternatives International, Inc. \* | 1000 | 2900 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nature's Sunshine Products, Inc. \* | 1700 | 26384 |
| &nbsp;&nbsp;&nbsp;&nbsp;United-Guardian, Inc. | 600 | 4680 |
| &nbsp;&nbsp;&nbsp;&nbsp;USANA Health Sciences, Inc. \* | 2205 | 60748 |
|  |  | 1379028 |
| ***Pharmaceuticals — 1.0%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Amphastar Pharmaceuticals, Inc. \* | 5315 | 141645 |
| &nbsp;&nbsp;&nbsp;&nbsp;ANI Pharmaceuticals, Inc. \* | 1669 | 152880 |
| &nbsp;&nbsp;&nbsp;&nbsp;Collegium Pharmaceutical, Inc. \* | 2590 | 90624 |
| &nbsp;&nbsp;&nbsp;&nbsp;Corcept Therapeutics, Inc. \* | 7842 | 651748 |
| &nbsp;&nbsp;&nbsp;&nbsp;Edgewise Therapeutics, Inc. \* | 1162 | 18848 |
| &nbsp;&nbsp;&nbsp;&nbsp;Elanco Animal Health, Inc. \*@ | 2020 | 40683 |
| &nbsp;&nbsp;&nbsp;&nbsp;Harmony Biosciences Holdings, Inc. \* | 1923 | 52998 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Innoviva, Inc. \* | 5963 | $108825 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jazz Pharmaceuticals PLC \* | 2825 | 372335 |
| &nbsp;&nbsp;&nbsp;&nbsp;LENZ Therapeutics, Inc. \*@ | 446 | 20775 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ligand Pharmaceuticals, Inc. \*@ | 1727 | 305921 |
| &nbsp;&nbsp;&nbsp;&nbsp;Organon & Co. | 7211 | 77013 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pacira BioSciences, Inc. \*@ | 1786 | 46025 |
| &nbsp;&nbsp;&nbsp;&nbsp;Perrigo Co. PLC | 6512 | 145022 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prestige Consumer Healthcare, Inc. \* | 5152 | 321485 |
| &nbsp;&nbsp;&nbsp;&nbsp;Royalty Pharma PLC, Class A | 6240 | 220147 |
| &nbsp;&nbsp;&nbsp;&nbsp;SIGA Technologies, Inc. | 1900 | 17385 |
| &nbsp;&nbsp;&nbsp;&nbsp;Supernus Pharmaceuticals, Inc. \* | 5158 | 246501 |
| &nbsp;&nbsp;&nbsp;&nbsp;Viatris, Inc. | 18447 | 182625 |
|  |  | 3213485 |
| ***Professional Services — 2.6%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Acuren Corp. \* | 7383 | 98268 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amentum Holdings, Inc. \*@ | 16 | 383 |
| &nbsp;&nbsp;&nbsp;&nbsp;Barrett Business Services, Inc. | 3196 | 141647 |
| &nbsp;&nbsp;&nbsp;&nbsp;Booz Allen Hamilton Holding Corp. | 729 | 72864 |
| &nbsp;&nbsp;&nbsp;&nbsp;CACI International, Inc., Class A \* | 1409 | 702781 |
| &nbsp;&nbsp;&nbsp;&nbsp;Concentrix Corp. @ | 3341 | 154187 |
| &nbsp;&nbsp;&nbsp;&nbsp;Conduent, Inc. \* | 5702 | 15966 |
| &nbsp;&nbsp;&nbsp;&nbsp;CRA International, Inc. | 567 | 118236 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSG Systems International, Inc. | 2945 | 189599 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dayforce, Inc. \* | 3385 | 233193 |
| &nbsp;&nbsp;&nbsp;&nbsp;ExlService Holdings, Inc. \* | 13901 | 612061 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exponent, Inc. | 4607 | 320094 |
| &nbsp;&nbsp;&nbsp;&nbsp;Forrester Research, Inc. \* | 2360 | 25016 |
| &nbsp;&nbsp;&nbsp;&nbsp;Franklin Covey Co. \* | 1628 | 31599 |
| &nbsp;&nbsp;&nbsp;&nbsp;FTI Consulting, Inc. \* | 3603 | 582425 |
| &nbsp;&nbsp;&nbsp;&nbsp;Genpact Ltd. | 9689 | 405872 |
| &nbsp;&nbsp;&nbsp;&nbsp;Heidrick & Struggles International, Inc. | 1928 | 95957 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huron Consulting Group, Inc. \* | 1957 | 287229 |
| &nbsp;&nbsp;&nbsp;&nbsp;ICF International, Inc. | 2012 | 186714 |
| &nbsp;&nbsp;&nbsp;&nbsp;Insperity, Inc. | 3407 | 167624 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jacobs Solutions, Inc. | 273 | 40912 |
| &nbsp;&nbsp;&nbsp;&nbsp;KBR, Inc. | 12616 | 596611 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kelly Services, Inc., Class A | 1510 | 19811 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kforce, Inc. | 1735 | 52015 |
| &nbsp;&nbsp;&nbsp;&nbsp;Korn Ferry | 4964 | 347381 |
| &nbsp;&nbsp;&nbsp;&nbsp;Leidos Holdings, Inc. | 686 | 129627 |
| &nbsp;&nbsp;&nbsp;&nbsp;ManpowerGroup, Inc. | 1804 | 68372 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mastech Digital, Inc. \* | 2122 | 16178 |
| &nbsp;&nbsp;&nbsp;&nbsp;Maximus, Inc. | 2874 | 262597 |
| &nbsp;&nbsp;&nbsp;&nbsp;Parsons Corp. \* | 1163 | 96436 |
| &nbsp;&nbsp;&nbsp;&nbsp;Paycom Software, Inc. | 137 | 28515 |
| &nbsp;&nbsp;&nbsp;&nbsp;Paylocity Holding Corp. \* | 2396 | 381611 |
| &nbsp;&nbsp;&nbsp;&nbsp;RCM Technologies, Inc. \* | 1296 | 34409 |
| &nbsp;&nbsp;&nbsp;&nbsp;Resources Connection, Inc. | 3396 | 17150 |
| &nbsp;&nbsp;&nbsp;&nbsp;Robert Half, Inc. | 4511 | 153284 |
| &nbsp;&nbsp;&nbsp;&nbsp;Science Applications International Corp. | 2559 | 254288 |
| &nbsp;&nbsp;&nbsp;&nbsp;SS&C Technologies Holdings, Inc. | 4194 | 372259 |
| &nbsp;&nbsp;&nbsp;&nbsp;TransUnion | 2321 | 194453 |
| &nbsp;&nbsp;&nbsp;&nbsp;TriNet Group, Inc. | 3424 | 229031 |
| &nbsp;&nbsp;&nbsp;&nbsp;TrueBlue, Inc. \* | 3431 | 21032 |
| &nbsp;&nbsp;&nbsp;&nbsp;TTEC Holdings, Inc. \*@ | 4929 | 16561 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verra Mobility Corp. \* | 10023 | 247568 |
|  |  | 8021816 |
| ***Real Estate Management & Development — 0.8%*** | ***Real Estate Management & Development — 0.8%*** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Cushman & Wakefield PLC \* | 5956 | 94820 |
| &nbsp;&nbsp;&nbsp;&nbsp;Douglas Elliman, Inc. \* | 8113 | 23203 |
| &nbsp;&nbsp;&nbsp;&nbsp;Forestar Group, Inc. \* | 3530 | 93863 |
| &nbsp;&nbsp;&nbsp;&nbsp;FRP Holdings, Inc. \* | 400 | 9744 |
| &nbsp;&nbsp;&nbsp;&nbsp;Howard Hughes Holdings, Inc. \* | 1369 | 112491 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jones Lang LaSalle, Inc. \* | 3879 | 1157028 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA U.S. Small Company Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

---

| | | | |
|:---|:---|:---|:---|
|  | **SHARES** | **VALUE†** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |  |
| ***Real Estate Management & Development (Continued)*** | ***Real Estate Management & Development (Continued)*** | ***Real Estate Management & Development (Continued)*** | ***Real Estate Management & Development (Continued)*** |
| &nbsp;&nbsp;&nbsp;&nbsp;Kennedy-Wilson Holdings, Inc. | 7231 | $| 60162 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marcus & Millichap, Inc. | 1262 |  | 37040 |
| &nbsp;&nbsp;&nbsp;&nbsp;Maui Land & Pineapple Co., Inc. \* | 885 |  | 16496 |
| &nbsp;&nbsp;&nbsp;&nbsp;Newmark Group, Inc., Class A | 11400 |  | 212610 |
| &nbsp;&nbsp;&nbsp;&nbsp;RMR Group, Inc. (The), Class A | 1159 |  | 18231 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seaport Entertainment Group, Inc. \*@ | 344 |  | 7884 |
| &nbsp;&nbsp;&nbsp;&nbsp;St. Joe Co. (The) | 3300 |  | 163284 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stratus Properties, Inc. \* | 313 |  | 6623 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tejon Ranch Co. \*@ | 2249 |  | 35939 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zillow Group, Inc., Class A \*@ | 1311 |  | 97591 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zillow Group, Inc., Class C \* | 4338 |  | 334243 |
|  |  |  | 2481252 |
| ***Semiconductors & Semiconductor Equipment — 2.6%*** | ***Semiconductors & Semiconductor Equipment — 2.6%*** | ***Semiconductors & Semiconductor Equipment — 2.6%*** | ***Semiconductors & Semiconductor Equipment — 2.6%*** |
| &nbsp;&nbsp;&nbsp;&nbsp;Allegro MicroSystems, Inc. \* | 1272 |  | 37142 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alpha & Omega Semiconductor Ltd. \* | 2886 |  | 80693 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ambarella, Inc. \* | 1986 |  | 163885 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amkor Technology, Inc. | 24529 |  | 696624 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amtech Systems, Inc. \* | 2822 |  | 26132 |
| &nbsp;&nbsp;&nbsp;&nbsp;Astera Labs, Inc. \* | 1765 |  | 345587 |
| &nbsp;&nbsp;&nbsp;&nbsp;Axcelis Technologies, Inc. \* | 3412 |  | 333148 |
| &nbsp;&nbsp;&nbsp;&nbsp;CEVA, Inc. \* | 3095 |  | 81739 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cirrus Logic, Inc. \* | 3204 |  | 401429 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cohu, Inc. \* | 3788 |  | 77010 |
| &nbsp;&nbsp;&nbsp;&nbsp;Credo Technology Group Holding Ltd. \* | 2044 |  | 297627 |
| &nbsp;&nbsp;&nbsp;&nbsp;Diodes, Inc. \* | 4900 |  | 260729 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enphase Energy, Inc. \* | 2985 |  | 105639 |
| &nbsp;&nbsp;&nbsp;&nbsp;Entegris, Inc. @ | 230 |  | 21266 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Solar, Inc. \* | 525 |  | 115778 |
| &nbsp;&nbsp;&nbsp;&nbsp;FormFactor, Inc. \* | 8126 |  | 295949 |
| &nbsp;&nbsp;&nbsp;&nbsp;GSI Technology, Inc. \* | 1572 |  | 5785 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ichor Holdings Ltd. \* | 400 |  | 7008 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kulicke & Soffa Industries, Inc. | 5924 |  | 240751 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lattice Semiconductor Corp. \* | 5394 |  | 395488 |
| &nbsp;&nbsp;&nbsp;&nbsp;MACOM Technology Solutions Holdings, Inc. \* | 2196 |  | 273380 |
| &nbsp;&nbsp;&nbsp;&nbsp;Magnachip Semiconductor Corp. \* | 4588 |  | 14360 |
| &nbsp;&nbsp;&nbsp;&nbsp;MaxLinear, Inc. \* | 3747 |  | 60252 |
| &nbsp;&nbsp;&nbsp;&nbsp;MKS, Inc. | 140 |  | 17328 |
| &nbsp;&nbsp;&nbsp;&nbsp;NVE Corp. | 256 |  | 16709 |
| &nbsp;&nbsp;&nbsp;&nbsp;ON Semiconductor Corp. \* | 2857 |  | 140879 |
| &nbsp;&nbsp;&nbsp;&nbsp;Onto Innovation, Inc. \* | 4274 |  | 552286 |
| &nbsp;&nbsp;&nbsp;&nbsp;PDF Solutions, Inc. \* | 4938 |  | 127499 |
| &nbsp;&nbsp;&nbsp;&nbsp;Photronics, Inc. \* | 7008 |  | 160834 |
| &nbsp;&nbsp;&nbsp;&nbsp;Power Integrations, Inc. | 6164 |  | 247854 |
| &nbsp;&nbsp;&nbsp;&nbsp;Qorvo, Inc. \* | 2760 |  | 251381 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rambus, Inc. \* | 9260 |  | 964892 |
| &nbsp;&nbsp;&nbsp;&nbsp;Silicon Laboratories, Inc. \* | 1257 |  | 164830 |
| &nbsp;&nbsp;&nbsp;&nbsp;Skyworks Solutions, Inc. | 1280 |  | 98534 |
| &nbsp;&nbsp;&nbsp;&nbsp;Synaptics, Inc. \* | 4162 |  | 284431 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teradyne, Inc. | 267 |  | 36750 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ultra Clean Holdings, Inc. \* | 4298 |  | 117121 |
| &nbsp;&nbsp;&nbsp;&nbsp;Universal Display Corp. | 2218 |  | 318571 |
| &nbsp;&nbsp;&nbsp;&nbsp;Veeco Instruments, Inc. \* | 3448 |  | 104923 |
|  |  |  | 7942223 |
| ***Software — 2.9%*** |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;A10 Networks, Inc. | 4234 |  | 76847 |
| &nbsp;&nbsp;&nbsp;&nbsp;ACI Worldwide, Inc. \* | 8881 |  | 468650 |
| &nbsp;&nbsp;&nbsp;&nbsp;Adeia, Inc. | 7577 |  | 127294 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Alarm.com Holdings, Inc. \* | 2460 | $130577 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bentley Systems, Inc., Class B | 4082 | 210141 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bill Holdings, Inc. \* | 2276 | 120560 |
| &nbsp;&nbsp;&nbsp;&nbsp;Blackbaud, Inc. \* | 5719 | 367789 |
| &nbsp;&nbsp;&nbsp;&nbsp;Box, Inc., Class A \* | 6867 | 221598 |
| &nbsp;&nbsp;&nbsp;&nbsp;Commvault Systems, Inc. \* | 2675 | 504986 |
| &nbsp;&nbsp;&nbsp;&nbsp;Consensus Cloud Solutions, Inc. \* | 1449 | 42557 |
| &nbsp;&nbsp;&nbsp;&nbsp;DocuSign, Inc. \* | 5112 | 368524 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dolby Laboratories, Inc., Class A | 2819 | 204011 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dropbox, Inc., Class A \* | 14286 | 431580 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dynatrace, Inc. \* | 7032 | 340700 |
| &nbsp;&nbsp;&nbsp;&nbsp;eGain Corp. \* | 4304 | 37488 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gen Digital, Inc. | 20625 | 585544 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guidewire Software, Inc. \* | 3285 | 755090 |
| &nbsp;&nbsp;&nbsp;&nbsp;I3 Verticals, Inc., Class A \*@ | 1470 | 47716 |
| &nbsp;&nbsp;&nbsp;&nbsp;InterDigital, Inc. @ | 2792 | 963882 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jamf Holding Corp. \* | 3544 | 37921 |
| &nbsp;&nbsp;&nbsp;&nbsp;JFrog Ltd. \* | 479 | 22671 |
| &nbsp;&nbsp;&nbsp;&nbsp;LiveRamp Holdings, Inc. \* | 7539 | 204608 |
| &nbsp;&nbsp;&nbsp;&nbsp;Manhattan Associates, Inc. \* | 1016 | 208260 |
| &nbsp;&nbsp;&nbsp;&nbsp;Meridianlink, Inc. \* | 2090 | 41654 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitek Systems, Inc. \*@ | 1166 | 11392 |
| &nbsp;&nbsp;&nbsp;&nbsp;N-able, Inc. \* | 8171 | 63734 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nutanix, Inc., Class A \* | 4947 | 368007 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ooma, Inc. \* | 1297 | 15551 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pegasystems, Inc. | 1054 | 60605 |
| &nbsp;&nbsp;&nbsp;&nbsp;Progress Software Corp. \* | 4129 | 181387 |
| &nbsp;&nbsp;&nbsp;&nbsp;Qualys, Inc. \* | 3876 | 512911 |
| &nbsp;&nbsp;&nbsp;&nbsp;SentinelOne, Inc., Class A \* | 5750 | 101258 |
| &nbsp;&nbsp;&nbsp;&nbsp;SPS Commerce, Inc. \* | 2160 | 224942 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teradata Corp. \* | 2927 | 62960 |
| &nbsp;&nbsp;&nbsp;&nbsp;UiPath, Inc., Class A \* | 10245 | 137078 |
| &nbsp;&nbsp;&nbsp;&nbsp;Unity Software, Inc. \* | 11422 | 457337 |
| &nbsp;&nbsp;&nbsp;&nbsp;Verint Systems, Inc. \* | 4367 | 88432 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vertex, Inc., Class A \*@ | 1558 | 38623 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yext, Inc. \* | 4488 | 38238 |
|  |  | 8883103 |
| ***Specialty Retail — 3.2%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;1-800-Flowers.com, Inc., Class A \* | 3880 | 17848 |
| &nbsp;&nbsp;&nbsp;&nbsp;Abercrombie & Fitch Co., Class A \* | 3727 | 318845 |
| &nbsp;&nbsp;&nbsp;&nbsp;Academy Sports & Outdoors, Inc. @ | 2614 | 130752 |
| &nbsp;&nbsp;&nbsp;&nbsp;Advance Auto Parts, Inc. @ | 3109 | 190893 |
| &nbsp;&nbsp;&nbsp;&nbsp;America's Car-Mart, Inc. \*@ | 822 | 24011 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Eagle Outfitters, Inc. @ | 9675 | 165539 |
| &nbsp;&nbsp;&nbsp;&nbsp;Asbury Automotive Group, Inc. \* | 2143 | 523856 |
| &nbsp;&nbsp;&nbsp;&nbsp;AutoNation, Inc. \* | 4060 | 888206 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bath & Body Works, Inc. | 5771 | 148661 |
| &nbsp;&nbsp;&nbsp;&nbsp;Best Buy Co., Inc. | 1982 | 149879 |
| &nbsp;&nbsp;&nbsp;&nbsp;Boot Barn Holdings, Inc. \* | 2691 | 445952 |
| &nbsp;&nbsp;&nbsp;&nbsp;Buckle, Inc. (The) | 5018 | 294356 |
| &nbsp;&nbsp;&nbsp;&nbsp;Build-A-Bear Workshop, Inc. @ | 1640 | 106944 |
| &nbsp;&nbsp;&nbsp;&nbsp;Burlington Stores, Inc. \* | 1120 | 285040 |
| &nbsp;&nbsp;&nbsp;&nbsp;Caleres, Inc. @ | 3874 | 50517 |
| &nbsp;&nbsp;&nbsp;&nbsp;CarMax, Inc. \* | 4370 | 196082 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cato Corp. (The), Class A \* | 2638 | 11106 |
| &nbsp;&nbsp;&nbsp;&nbsp;Citi Trends, Inc. \* | 818 | 25383 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dick's Sporting Goods, Inc. | 403 | 89555 |
| &nbsp;&nbsp;&nbsp;&nbsp;Five Below, Inc. \* | 5505 | 851623 |
| &nbsp;&nbsp;&nbsp;&nbsp;Floor & Decor Holdings, Inc., Class A \* | 4489 | 330839 |
| &nbsp;&nbsp;&nbsp;&nbsp;GameStop Corp., Class A \* | 752 | 20515 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA U.S. Small Company Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***Specialty Retail (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gap, Inc. (The) | 2272 | $48598 |
| &nbsp;&nbsp;&nbsp;&nbsp;Genesco, Inc. \* | 1490 | 43195 |
| &nbsp;&nbsp;&nbsp;&nbsp;Group 1 Automotive, Inc. | 1132 | 495261 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guess?, Inc. | 3265 | 54558 |
| &nbsp;&nbsp;&nbsp;&nbsp;Haverty Furniture Cos., Inc. | 1983 | 43487 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lithia Motors, Inc. | 1581 | 499596 |
| &nbsp;&nbsp;&nbsp;&nbsp;MarineMax, Inc. \*@ | 2209 | 55954 |
| &nbsp;&nbsp;&nbsp;&nbsp;Monro, Inc. @ | 3090 | 55527 |
| &nbsp;&nbsp;&nbsp;&nbsp;Murphy USA, Inc. | 1712 | 664701 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Vision Holdings, Inc. \* | 2877 | 83980 |
| &nbsp;&nbsp;&nbsp;&nbsp;ODP Corp. (The) \* | 1761 | 49044 |
| &nbsp;&nbsp;&nbsp;&nbsp;Penske Automotive Group, Inc. @ | 1742 | 302951 |
| &nbsp;&nbsp;&nbsp;&nbsp;PetMed Express, Inc. \*@ | 2360 | 5924 |
| &nbsp;&nbsp;&nbsp;&nbsp;Revolve Group, Inc. \* | 706 | 15038 |
| &nbsp;&nbsp;&nbsp;&nbsp;RH \* | 318 | 64605 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sally Beauty Holdings, Inc. \*@ | 3610 | 58771 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shoe Carnival, Inc. | 3062 | 63659 |
| &nbsp;&nbsp;&nbsp;&nbsp;Signet Jewelers Ltd. @ | 4741 | 454757 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sleep Number Corp. \*@ | 3221 | 22611 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sonic Automotive, Inc., Class A | 1991 | 151495 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ulta Beauty, Inc. \* | 499 | 272828 |
| &nbsp;&nbsp;&nbsp;&nbsp;Upbound Group, Inc. | 6271 | 148184 |
| &nbsp;&nbsp;&nbsp;&nbsp;Urban Outfitters, Inc. \* | 2086 | 149003 |
| &nbsp;&nbsp;&nbsp;&nbsp;Valvoline, Inc. \* | 6915 | 248318 |
| &nbsp;&nbsp;&nbsp;&nbsp;Victoria's Secret & Co. \* | 2341 | 63535 |
| &nbsp;&nbsp;&nbsp;&nbsp;Williams-Sonoma, Inc. | 1226 | 239622 |
| &nbsp;&nbsp;&nbsp;&nbsp;Winmark Corp. | 455 | 226485 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zumiez, Inc. \* | 2406 | 47182 |
|  |  | 9895271 |
| ***Textiles, Apparel & Luxury Goods — 1.3%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Capri Holdings Ltd. \* | 4596 | 91552 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carter's, Inc. | 1288 | 36347 |
| &nbsp;&nbsp;&nbsp;&nbsp;Columbia Sportswear Co. | 2473 | 129338 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deckers Outdoor Corp. \* | 1505 | 152562 |
| &nbsp;&nbsp;&nbsp;&nbsp;Figs, Inc., Class A \* | 2862 | 19147 |
| &nbsp;&nbsp;&nbsp;&nbsp;G-III Apparel Group Ltd. \* | 5008 | 133263 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kontoor Brands, Inc. | 2384 | 190172 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lakeland Industries, Inc. @ | 1669 | 24701 |
| &nbsp;&nbsp;&nbsp;&nbsp;Movado Group, Inc. | 2220 | 42113 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oxford Industries, Inc. | 1665 | 67499 |
| &nbsp;&nbsp;&nbsp;&nbsp;PVH Corp. | 1378 | 115435 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ralph Lauren Corp. | 2279 | 714603 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rocky Brands, Inc. | 1000 | 29790 |
| &nbsp;&nbsp;&nbsp;&nbsp;Steven Madden Ltd. @ | 6355 | 212765 |
| &nbsp;&nbsp;&nbsp;&nbsp;Superior Group of Cos., Inc. | 2200 | 23584 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tapestry, Inc. | 18072 | 2046112 |
| &nbsp;&nbsp;&nbsp;&nbsp;Under Armour, Inc., Class A \*@ | 2222 | 11088 |
| &nbsp;&nbsp;&nbsp;&nbsp;Under Armour, Inc., Class C \*@ | 1318 | 6366 |
| &nbsp;&nbsp;&nbsp;&nbsp;Unifi, Inc. \* | 2394 | 11396 |
| &nbsp;&nbsp;&nbsp;&nbsp;VF Corp. @ | 1731 | 24978 |
|  |  | 4082811 |
| ***Tobacco — 0.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Turning Point Brands, Inc. | 1280 | 126541 |
| &nbsp;&nbsp;&nbsp;&nbsp;Universal Corp. | 2612 | 145932 |
|  |  | 272473 |
| ***Trading Companies & Distributors — 1.4%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Air Lease Corp. | 5985 | 380945 |
| &nbsp;&nbsp;&nbsp;&nbsp;Applied Industrial Technologies, Inc. | 2291 | 598066 |
| &nbsp;&nbsp;&nbsp;&nbsp;Boise Cascade Co. | 3680 | 284538 |
| &nbsp;&nbsp;&nbsp;&nbsp;Core & Main, Inc., Class A \* | 2709 | 145825 |
| &nbsp;&nbsp;&nbsp;&nbsp;Distribution Solutions Group, Inc. \* | 224 | 6738 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;DNOW, Inc. \* | 4946 | $75427 |
| &nbsp;&nbsp;&nbsp;&nbsp;DXP Enterprises, Inc. \* | 1824 | 217184 |
| &nbsp;&nbsp;&nbsp;&nbsp;FTAI Aviation Ltd. | 770 | 128482 |
| &nbsp;&nbsp;&nbsp;&nbsp;GATX Corp. | 3309 | 578413 |
| &nbsp;&nbsp;&nbsp;&nbsp;Global Industrial Co. | 3303 | 121121 |
| &nbsp;&nbsp;&nbsp;&nbsp;Herc Holdings, Inc. | 1323 | 154341 |
| &nbsp;&nbsp;&nbsp;&nbsp;MRC Global, Inc. \* | 5657 | 81574 |
| &nbsp;&nbsp;&nbsp;&nbsp;MSC Industrial Direct Co., Inc., Class A | 936 | 86243 |
| &nbsp;&nbsp;&nbsp;&nbsp;Newpark Resources, Inc. \* | 5904 | 66774 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rush Enterprises, Inc., Class A | 6868 | 367232 |
| &nbsp;&nbsp;&nbsp;&nbsp;SiteOne Landscape Supply, Inc. \* | 413 | 53194 |
| &nbsp;&nbsp;&nbsp;&nbsp;Titan Machinery, Inc. \*@ | 2515 | 42101 |
| &nbsp;&nbsp;&nbsp;&nbsp;WESCO International, Inc. | 4569 | 966344 |
| &nbsp;&nbsp;&nbsp;&nbsp;Willis Lease Finance Corp. | 605 | 82939 |
|  |  | 4437481 |
| ***Water Utilities — 0.4%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;American States Water Co. | 4082 | 299292 |
| &nbsp;&nbsp;&nbsp;&nbsp;Artesian Resources Corp., Class A | 1177 | 38365 |
| &nbsp;&nbsp;&nbsp;&nbsp;California Water Service Group | 6097 | 279792 |
| &nbsp;&nbsp;&nbsp;&nbsp;Consolidated Water Co. Ltd. | 1751 | 61775 |
| &nbsp;&nbsp;&nbsp;&nbsp;Essential Utilities, Inc. | 8329 | 332327 |
| &nbsp;&nbsp;&nbsp;&nbsp;H2O America | 2989 | 145564 |
| &nbsp;&nbsp;&nbsp;&nbsp;Middlesex Water Co. | 2133 | 115438 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pure Cycle Corp. \* | 1000 | 11070 |
| &nbsp;&nbsp;&nbsp;&nbsp;York Water Co. (The) @ | 1803 | 54847 |
|  |  | 1338470 |
| ***Wireless Telecommunication Services — 0.0%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Array Digital Infrastructure, Inc. | 1551 | 77566 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gogo, Inc. \* | 1021 | 8770 |
| &nbsp;&nbsp;&nbsp;&nbsp;Spok Holdings, Inc. | 2839 | 48973 |
|  |  | 135309 |
| &nbsp;&nbsp;&nbsp;&nbsp;TOTAL COMMON STOCKS <br> (Identified Cost $143,677,904) |  | 311065712 |
| **SHORT-TERM INVESTMENTS — 1.0%** |  |  |
| ***Investment Company — 0.3%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Institutional U.S. Government Money Market Fund 3.840% | 734876 | 734876 |
| ***Collateral For Securities On Loan — 0.7%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Navigator Securities Lending Government Money Market Portfolio 4.180% | 2272070 | 2272070 |
| &nbsp;&nbsp;&nbsp;&nbsp;TOTAL SHORT-TERM INVESTMENTS <br> (Identified Cost $3,006,946) |  | 3006946 |
| **Total Investments — 100.7% <br> (Identified Cost $146,684,850)** |  | **314072658** |
| &nbsp;&nbsp;&nbsp;&nbsp;Liabilities in excess of Cash and Other Assets — (0.7%) | &nbsp;&nbsp;&nbsp;&nbsp;Liabilities in excess of Cash and Other Assets — (0.7%) | (2311319) |
| **Net Assets — 100.0%** |  | $**311761339** |

---

---

| | |
|:---|:---|
| † | See Note 1 |
| \* | Non-income producing security |
| @ | A portion or all of the security was held on loan. As of September 30, 2025, the fair value of the securities on loan was $17,756,426. |
| ¶ | Contingent value rights based on future performance. |
| § | Fair valued security. Security is valued using significant unobservable inputs as determined pursuant to procedures approved by the Fund's Board of Trustees. See Note 1 |

---

Key to abbreviations:

CVR — Contingent Value Rights

*The accompanying notes are an integral part of these portfolio of investments.*

**SA International Value Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS — 98.4%** |  |  |
| ***Australia — 6.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ampol Ltd. @ | 3807 | $75346 |
| &nbsp;&nbsp;&nbsp;&nbsp;ANZ Group Holdings Ltd. | 146601 | 3221565 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aurizon Holdings Ltd. | 293809 | 620179 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bendigo & Adelaide Bank Ltd. | 40324 | 348739 |
| &nbsp;&nbsp;&nbsp;&nbsp;BlueScope Steel Ltd. | 103358 | 1551814 |
| &nbsp;&nbsp;&nbsp;&nbsp;Challenger Ltd. | 54241 | 310818 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cleanaway Waste Management Ltd. @ | 139337 | 255392 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dyno Nobel Ltd. | 195063 | 400127 |
| &nbsp;&nbsp;&nbsp;&nbsp;Endeavour Group Ltd. @ | 60152 | 144483 |
| &nbsp;&nbsp;&nbsp;&nbsp;Evolution Mining Ltd. @ | 224974 | 1612211 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fortescue Ltd. @ | 90885 | 1123389 |
| &nbsp;&nbsp;&nbsp;&nbsp;Harvey Norman Holdings Ltd. @ | 136089 | 664570 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Australia Bank Ltd. | 178680 | 5219967 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northern Star Resources Ltd. @ | 29320 | 460387 |
| &nbsp;&nbsp;&nbsp;&nbsp;Orica Ltd. | 50333 | 704075 |
| &nbsp;&nbsp;&nbsp;&nbsp;Origin Energy Ltd. | 168307 | 1392109 |
| &nbsp;&nbsp;&nbsp;&nbsp;QBE Insurance Group Ltd. | 127828 | 1741580 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rio Tinto Ltd. @ | 20623 | 1665250 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sandfire Resources Ltd. \* | 13466 | 127152 |
| &nbsp;&nbsp;&nbsp;&nbsp;Santos Ltd. | 512778 | 2283524 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sonic Healthcare Ltd. | 54564 | 774091 |
| &nbsp;&nbsp;&nbsp;&nbsp;South32 Ltd. | 640447 | 1161168 |
| &nbsp;&nbsp;&nbsp;&nbsp;Suncorp Group Ltd. | 130499 | 1749475 |
| &nbsp;&nbsp;&nbsp;&nbsp;TPG Telecom Ltd. | 41292 | 137161 |
| &nbsp;&nbsp;&nbsp;&nbsp;Westpac Banking Corp. | 209812 | 5410306 |
| &nbsp;&nbsp;&nbsp;&nbsp;Whitehaven Coal Ltd. @ | 99731 | 434887 |
| &nbsp;&nbsp;&nbsp;&nbsp;Woodside Energy Group Ltd. @ | 140874 | 2146772 |
| &nbsp;&nbsp;&nbsp;&nbsp;Worley Ltd. | 30039 | 279269 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yancoal Australia Ltd. @ | 73145 | 256520 |
|  |  | 36272326 |
| ***Austria — 0.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Erste Group Bank AG | 1782 | 174068 |
| &nbsp;&nbsp;&nbsp;&nbsp;OMV AG | 8855 | 472196 |
|  |  | 646264 |
| ***Belgium — 0.7%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Ageas SA | 21755 | 1504393 |
| &nbsp;&nbsp;&nbsp;&nbsp;Anheuser-Busch InBev SA/NV | 13913 | 829796 |
| &nbsp;&nbsp;&nbsp;&nbsp;KBC Group NV | 10904 | 1298747 |
| &nbsp;&nbsp;&nbsp;&nbsp;Syensqo SA | 3683 | 297061 |
|  |  | 3929997 |
| ***Canada — 11.5%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Agnico Eagle Mines Ltd. | 2013 | 339311 |
| &nbsp;&nbsp;&nbsp;&nbsp;AltaGas Ltd. @ | 24518 | 755430 |
| &nbsp;&nbsp;&nbsp;&nbsp;ARC Resources Ltd. | 33370 | 608558 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Montreal | 1424 | 185559 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Montreal @ | 50160 | 6533340 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Nova Scotia (The) | 59376 | 3838658 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Nova Scotia (The) | 18436 | 1192107 |
| &nbsp;&nbsp;&nbsp;&nbsp;Barrick Mining Corp. | 194169 | 6362918 |
| &nbsp;&nbsp;&nbsp;&nbsp;Barrick Mining Corp. | 12261 | 402709 |
| &nbsp;&nbsp;&nbsp;&nbsp;Canadian Imperial Bank of Commerce @ | 18668 | 1491387 |
| &nbsp;&nbsp;&nbsp;&nbsp;Canadian Imperial Bank of Commerce @ | 72032 | 5756039 |
| &nbsp;&nbsp;&nbsp;&nbsp;Canadian Pacific Kansas City Ltd. | 4327 | 322318 |
| &nbsp;&nbsp;&nbsp;&nbsp;Canadian Tire Corp. Ltd., Class A @ | 4020 | 478547 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cenovus Energy, Inc. @ | 144903 | 2461902 |
| &nbsp;&nbsp;&nbsp;&nbsp;Empire Co. Ltd., Class A | 2283 | 81940 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fairfax Financial Holdings Ltd. | 2277 | 3983646 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Quantum Minerals Ltd. \* | 25434 | 575312 |
| &nbsp;&nbsp;&nbsp;&nbsp;iA Financial Corp., Inc. | 14160 | 1609928 |
| &nbsp;&nbsp;&nbsp;&nbsp;Imperial Oil Ltd. | 805 | 73046 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kinross Gold Corp. | 151336 | 3755943 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kinross Gold Corp. | 10409 | 258664 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Lundin Mining Corp. | 110222 | $1644182 |
| &nbsp;&nbsp;&nbsp;&nbsp;Magna International, Inc. | 32969 | 1562071 |
| &nbsp;&nbsp;&nbsp;&nbsp;Manulife Financial Corp. | 15906 | 495472 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nutrien Ltd. @ | 74537 | 4376067 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pan American Silver Corp. | 5995 | 232186 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pembina Pipeline Corp. @ | 21265 | 860382 |
| &nbsp;&nbsp;&nbsp;&nbsp;Saputo, Inc. @ | 4300 | 104433 |
| &nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy, Inc. ¥ | 67770 | 2836046 |
| &nbsp;&nbsp;&nbsp;&nbsp;Suncor Energy, Inc. | 63249 | 2644441 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teck Resources Ltd., Class B | 66192 | 2905167 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toronto-Dominion Bank (The) @ | 14737 | 1178367 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toronto-Dominion Bank (The) @ | 82217 | 6573249 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tourmaline Oil Corp. | 49803 | 2147860 |
| &nbsp;&nbsp;&nbsp;&nbsp;West Fraser Timber Co. Ltd. @ | 2162 | 146976 |
|  |  | 68774161 |
| ***China — 0.0%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Budweiser Brewing Co. APAC Ltd. @± | 150900 | 160558 |
| ***Denmark — 2.3%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AP Moller - Maersk AS, Class A | 191 | 373405 |
| &nbsp;&nbsp;&nbsp;&nbsp;AP Moller - Maersk AS, Class B | 194 | 380338 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carlsberg AS, Class B | 15088 | 1753213 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coloplast AS, Class B | 9859 | 841993 |
| &nbsp;&nbsp;&nbsp;&nbsp;Danske Bank AS | 41578 | 1771531 |
| &nbsp;&nbsp;&nbsp;&nbsp;Demant AS \* | 10748 | 372238 |
| &nbsp;&nbsp;&nbsp;&nbsp;DSV AS | 16777 | 3336639 |
| &nbsp;&nbsp;&nbsp;&nbsp;Genmab AS \* | 2825 | 856424 |
| &nbsp;&nbsp;&nbsp;&nbsp;H Lundbeck AS | 21000 | 150414 |
| &nbsp;&nbsp;&nbsp;&nbsp;Novonesis Novozymes B, Class B | 37759 | 2310776 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pandora AS | 1382 | 180063 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rockwool AS, Class B | 10530 | 391021 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tryg AS | 15313 | 388482 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vestas Wind Systems AS | 32064 | 604158 |
|  |  | 13710695 |
| ***Finland — 0.5%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Nokia OYJ | 18157 | 86953 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nokia OYJ, ADR @ | 486141 | 2338338 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nordea Bank Abp | 28127 | 461490 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stora Enso OYJ, Class R @ | 3306 | 36237 |
|  |  | 2923018 |
| ***France — 10.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alstom SA \* | 7667 | 199112 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amundi SA ± | 5568 | 440601 |
| &nbsp;&nbsp;&nbsp;&nbsp;AXA SA | 4696 | 224062 |
| &nbsp;&nbsp;&nbsp;&nbsp;BNP Paribas SA @ | 57117 | 5185615 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bouygues SA | 42399 | 1907515 |
| &nbsp;&nbsp;&nbsp;&nbsp;Canal & SA | 40220 | 132525 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capgemini SE | 2485 | 360459 |
| &nbsp;&nbsp;&nbsp;&nbsp;Carrefour SA | 61663 | 933540 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cie de Saint-Gobain SA | 62218 | 6695496 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cie Generale des Etablissements Michelin SCA | 119912 | 4299506 |
| &nbsp;&nbsp;&nbsp;&nbsp;Credit Agricole SA | 53157 | 1043479 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eiffage SA | 11127 | 1420020 |
| &nbsp;&nbsp;&nbsp;&nbsp;Engie SA | 243967 | 5228773 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kering SA | 416 | 137999 |
| &nbsp;&nbsp;&nbsp;&nbsp;Louis Hachette Group | 18305 | 33161 |
| &nbsp;&nbsp;&nbsp;&nbsp;Orange SA | 322578 | 5230163 |
| &nbsp;&nbsp;&nbsp;&nbsp;Publicis Groupe SA | 10335 | 991090 |
| &nbsp;&nbsp;&nbsp;&nbsp;Renault SA | 29529 | 1206465 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rexel SA | 14200 | 464135 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sanofi SA | 47666 | 4395838 |
| &nbsp;&nbsp;&nbsp;&nbsp;Societe Generale SA | 82075 | 5430861 |
| &nbsp;&nbsp;&nbsp;&nbsp;TotalEnergies SE | 227983 | 13846238 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vinci SA | 1446 | 200241 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA International Value Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***France (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Vivendi SE \* | 40220 | $141566 |
|  |  | 60148460 |
| ***Germany — 7.7%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Aumovio SE \* | 4365 | 179981 |
| &nbsp;&nbsp;&nbsp;&nbsp;BASF SE | 114835 | 5715109 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bayer AG | 93338 | 3093543 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bayerische Motoren Werke AG | 26979 | 2706288 |
| &nbsp;&nbsp;&nbsp;&nbsp;Commerzbank AG | 96536 | 3637021 |
| &nbsp;&nbsp;&nbsp;&nbsp;Continental AG | 8730 | 575200 |
| &nbsp;&nbsp;&nbsp;&nbsp;Covestro AG \* | 12848 | 879409 |
| &nbsp;&nbsp;&nbsp;&nbsp;Daimler Truck Holding AG | 81396 | 3346617 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deutsche Bank AG | 94182 | 3311705 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deutsche Bank AG | 62274 | 2205122 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deutsche Post AG | 54353 | 2421072 |
| &nbsp;&nbsp;&nbsp;&nbsp;E.ON SE | 152793 | 2872878 |
| &nbsp;&nbsp;&nbsp;&nbsp;Evonik Industries AG | 12896 | 223626 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fresenius Medical Care AG | 14083 | 738415 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fresenius SE & Co. KGaA | 34117 | 1898611 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hapag-Lloyd AG ± | 1127 | 148193 |
| &nbsp;&nbsp;&nbsp;&nbsp;Heidelberg Materials AG | 21305 | 4791269 |
| &nbsp;&nbsp;&nbsp;&nbsp;Henkel AG & Co. KGaA | 6345 | 470427 |
| &nbsp;&nbsp;&nbsp;&nbsp;Infineon Technologies AG | 4947 | 192827 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mercedes-Benz Group AG | 77298 | 4852497 |
| &nbsp;&nbsp;&nbsp;&nbsp;Merck KGaA | 1549 | 199046 |
| &nbsp;&nbsp;&nbsp;&nbsp;Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | 553 | 352803 |
| &nbsp;&nbsp;&nbsp;&nbsp;RWE AG | 22298 | 990089 |
| &nbsp;&nbsp;&nbsp;&nbsp;Volkswagen AG | 4164 | 458320 |
|  |  | 46260068 |
| ***Hong Kong — 1.4%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;BOC Hong Kong Holdings Ltd. | 302500 | 1420383 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cathay Pacific Airways Ltd. @ | 230363 | 309935 |
| &nbsp;&nbsp;&nbsp;&nbsp;CK Asset Holdings Ltd. | 82569 | 400221 |
| &nbsp;&nbsp;&nbsp;&nbsp;CK Hutchison Holdings Ltd. | 286124 | 1884342 |
| &nbsp;&nbsp;&nbsp;&nbsp;CK Infrastructure Holdings Ltd. | 9000 | 59098 |
| &nbsp;&nbsp;&nbsp;&nbsp;Henderson Land Development Co. Ltd. @ | 88684 | 312709 |
| &nbsp;&nbsp;&nbsp;&nbsp;HKT Trust & HKT Ltd. | 56000 | 82900 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hong Kong & China Gas Co. Ltd. | 287000 | 249310 |
| &nbsp;&nbsp;&nbsp;&nbsp;MTR Corp. Ltd. @ | 74669 | 253120 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sun Hung Kai Properties Ltd. | 95177 | 1139881 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swire Pacific Ltd., Class A | 53500 | 453399 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swire Pacific Ltd., Class B | 127500 | 191366 |
| &nbsp;&nbsp;&nbsp;&nbsp;WH Group Ltd. ± | 1427959 | 1546874 |
|  |  | 8303538 |
| ***Ireland — 0.3%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AIB Group PLC | 73001 | 661229 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Ireland Group PLC | 65003 | 1069580 |
|  |  | 1730809 |
| ***Israel — 0.9%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank Hapoalim BM | 62229 | 1264796 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank Leumi Le-Israel BM | 116419 | 2294848 |
| &nbsp;&nbsp;&nbsp;&nbsp;Clal Insurance Enterprises Holdings Ltd. | 2481 | 127114 |
| &nbsp;&nbsp;&nbsp;&nbsp;Delek Group Ltd. | 1842 | 445290 |
| &nbsp;&nbsp;&nbsp;&nbsp;Israel Discount Bank Ltd., Class A | 131549 | 1300323 |
|  |  | 5432371 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| ***Italy — 1.6%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco BPM SpA | 78217 | $1168546 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eni SpA | 212093 | 3701752 |
| &nbsp;&nbsp;&nbsp;&nbsp;UniCredit SpA | 55387 | 4192300 |
| &nbsp;&nbsp;&nbsp;&nbsp;Unipol Assicurazioni SpA | 21052 | 451316 |
|  |  | 9513914 |
| ***Japan — 21.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AGC, Inc. | 41300 | 1347483 |
| &nbsp;&nbsp;&nbsp;&nbsp;Air Water, Inc. | 17900 | 308047 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aisin Corp. | 67500 | 1168475 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alfresa Holdings Corp. | 15700 | 224695 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amada Co. Ltd. @ | 37100 | 456710 |
| &nbsp;&nbsp;&nbsp;&nbsp;Asahi Group Holdings Ltd. | 182600 | 2192287 |
| &nbsp;&nbsp;&nbsp;&nbsp;Asahi Kasei Corp. | 191300 | 1506365 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bridgestone Corp. | 39300 | 1819836 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brother Industries Ltd. | 35600 | 596643 |
| &nbsp;&nbsp;&nbsp;&nbsp;Canon Marketing Japan, Inc. | 7400 | 299683 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chiba Bank Ltd. (The) @ | 63800 | 670637 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coca-Cola Bottlers Japan Holdings, Inc. | 8000 | 142543 |
| &nbsp;&nbsp;&nbsp;&nbsp;COMSYS Holdings Corp. | 2900 | 72380 |
| &nbsp;&nbsp;&nbsp;&nbsp;Concordia Financial Group Ltd. | 111200 | 854951 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cosmo Energy Holdings Co. Ltd. | 23800 | 576311 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dai Nippon Printing Co. Ltd. | 13400 | 227932 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dai-ichi Life Holdings, Inc. | 250400 | 1974280 |
| &nbsp;&nbsp;&nbsp;&nbsp;Daicel Corp. | 13300 | 121367 |
| &nbsp;&nbsp;&nbsp;&nbsp;Daiwa House Industry Co. Ltd. | 58900 | 2118863 |
| &nbsp;&nbsp;&nbsp;&nbsp;Daiwa Securities Group, Inc. | 54700 | 444783 |
| &nbsp;&nbsp;&nbsp;&nbsp;Denso Corp. | 98200 | 1418035 |
| &nbsp;&nbsp;&nbsp;&nbsp;ENEOS Holdings, Inc. | 470600 | 2990952 |
| &nbsp;&nbsp;&nbsp;&nbsp;FUJIFILM Holdings Corp. | 54300 | 1351579 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fukuoka Financial Group, Inc. | 13600 | 408133 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gunma Bank Ltd. (The) | 8800 | 98274 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hachijuni Bank Ltd. (The) | 8600 | 89905 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hakuhodo DY Holdings, Inc. | 22300 | 179217 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hankyu Hanshin Holdings, Inc. | 28300 | 835116 |
| &nbsp;&nbsp;&nbsp;&nbsp;Haseko Corp. | 30800 | 526194 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hitachi Construction Machinery Co. Ltd. @ | 8000 | 256091 |
| &nbsp;&nbsp;&nbsp;&nbsp;Honda Motor Co. Ltd. @ | 466200 | 4826400 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hulic Co. Ltd. @ | 14700 | 161031 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ibiden Co. Ltd. | 3800 | 230850 |
| &nbsp;&nbsp;&nbsp;&nbsp;Idemitsu Kosan Co. Ltd. @ | 147000 | 1009920 |
| &nbsp;&nbsp;&nbsp;&nbsp;Iida Group Holdings Co. Ltd. @ | 14400 | 229946 |
| &nbsp;&nbsp;&nbsp;&nbsp;INFRONEER Holdings, Inc. @ | 12800 | 133206 |
| &nbsp;&nbsp;&nbsp;&nbsp;Inpex Corp. | 144500 | 2611817 |
| &nbsp;&nbsp;&nbsp;&nbsp;Isuzu Motors Ltd. @ | 85200 | 1077063 |
| &nbsp;&nbsp;&nbsp;&nbsp;Iyogin Holdings, Inc. | 13300 | 201948 |
| &nbsp;&nbsp;&nbsp;&nbsp;J Front Retailing Co. Ltd. | 35100 | 586246 |
| &nbsp;&nbsp;&nbsp;&nbsp;Japan Airlines Co. Ltd. | 19000 | 383250 |
| &nbsp;&nbsp;&nbsp;&nbsp;Japan Post Holdings Co. Ltd. | 54700 | 543727 |
| &nbsp;&nbsp;&nbsp;&nbsp;Japan Post Insurance Co. Ltd. | 4500 | 127589 |
| &nbsp;&nbsp;&nbsp;&nbsp;JFE Holdings, Inc. @ | 73900 | 907728 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kajima Corp. | 4300 | 125495 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kamigumi Co. Ltd. | 15700 | 476887 |
| &nbsp;&nbsp;&nbsp;&nbsp;Keihan Holdings Co. Ltd. | 1300 | 29536 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kobe Steel Ltd. @ | 43300 | 511952 |
| &nbsp;&nbsp;&nbsp;&nbsp;Koito Manufacturing Co. Ltd. | 27300 | 413880 |
| &nbsp;&nbsp;&nbsp;&nbsp;Komatsu Ltd. | 34100 | 1189816 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kubota Corp. | 115000 | 1448727 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kuraray Co. Ltd. | 76400 | 880058 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kyoto Financial Group, Inc. @ | 26000 | 553105 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA International Value Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***Japan (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Kyushu Financial Group, Inc. | 16500 | $101632 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lixil Corp. @ | 35000 | 430740 |
| &nbsp;&nbsp;&nbsp;&nbsp;LY Corp. | 162700 | 523795 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marubeni Corp. | 23300 | 582638 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mazda Motor Corp. @ | 78600 | 574545 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mebuki Financial Group, Inc. | 83070 | 531500 |
| &nbsp;&nbsp;&nbsp;&nbsp;Medipal Holdings Corp. | 17700 | 305024 |
| &nbsp;&nbsp;&nbsp;&nbsp;MEIJI Holdings Co. Ltd. @ | 21100 | 437452 |
| &nbsp;&nbsp;&nbsp;&nbsp;MINEBEA MITSUMI, Inc. @ | 38700 | 729984 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi Chemical Group Corp. | 163600 | 941763 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi Corp. | 16800 | 401128 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi Electric Corp. | 7100 | 182583 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi Estate Co. Ltd. | 70900 | 1631489 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi Gas Chemical Co., Inc. | 21400 | 382388 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi Logistics Corp. | 12500 | 102487 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi Motors Corp. @ | 88400 | 240300 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsubishi UFJ Financial Group, Inc. | 240700 | 3896513 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsui & Co. Ltd. | 27300 | 679339 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsui Chemicals, Inc. @ | 47200 | 1181556 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitsui Fudosan Co. Ltd. | 80100 | 873661 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mizuho Financial Group, Inc. | 116740 | 3937513 |
| &nbsp;&nbsp;&nbsp;&nbsp;MS&AD Insurance Group Holdings, Inc. | 44084 | 1000412 |
| &nbsp;&nbsp;&nbsp;&nbsp;NGK Insulators Ltd. | 41200 | 690776 |
| &nbsp;&nbsp;&nbsp;&nbsp;NH Foods Ltd. | 11033 | 437485 |
| &nbsp;&nbsp;&nbsp;&nbsp;NHK Spring Co. Ltd. | 7800 | 117407 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nikon Corp. @ | 17200 | 200629 |
| &nbsp;&nbsp;&nbsp;&nbsp;NIPPON EXPRESS HOLDINGS, Inc. | 47700 | 1084084 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nippon Steel Corp. @ | 338135 | 1393605 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nissan Motor Co. Ltd. @\* | 113200 | 278474 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nisshin Seifun Group, Inc. | 22800 | 279980 |
| &nbsp;&nbsp;&nbsp;&nbsp;Niterra Co. Ltd. | 18000 | 695486 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nomura Holdings, Inc. | 175700 | 1289667 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nomura Real Estate Holdings, Inc. | 118500 | 756506 |
| &nbsp;&nbsp;&nbsp;&nbsp;Obayashi Corp. | 12700 | 208597 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oji Holdings Corp. | 189600 | 1037201 |
| &nbsp;&nbsp;&nbsp;&nbsp;Omron Corp. @ | 3700 | 101829 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ono Pharmaceutical Co. Ltd. @ | 19200 | 221102 |
| &nbsp;&nbsp;&nbsp;&nbsp;Open House Group Co. Ltd. | 7900 | 408929 |
| &nbsp;&nbsp;&nbsp;&nbsp;Panasonic Holdings Corp. | 214900 | 2339581 |
| &nbsp;&nbsp;&nbsp;&nbsp;Resona Holdings, Inc. | 177600 | 1814009 |
| &nbsp;&nbsp;&nbsp;&nbsp;Resonac Holdings Corp. | 22300 | 757131 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ricoh Co. Ltd. | 81000 | 715600 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rohm Co. Ltd. @ | 24600 | 367956 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seiko Epson Corp. | 40700 | 522356 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seino Holdings Co. Ltd. @ | 20400 | 300720 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sekisui Chemical Co. Ltd. | 16000 | 298069 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sekisui House Ltd. | 45000 | 1024546 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seven & i Holdings Co. Ltd. | 74800 | 1007045 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shimizu Corp. | 13600 | 191238 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shizuoka Financial Group, Inc. | 46000 | 631903 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sojitz Corp. @ | 35820 | 948515 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sompo Holdings, Inc. | 13800 | 426920 |
| &nbsp;&nbsp;&nbsp;&nbsp;Subaru Corp. | 90700 | 1858343 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Chemical Co. Ltd. | 157200 | 495459 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Corp. | 74000 | 2145667 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Electric Industries Ltd. | 145300 | 4144270 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Forestry Co. Ltd. | 86700 | 1032708 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Heavy Industries Ltd. | 22900 | 551576 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Mitsui Financial Group, Inc. | 237500 | 6706562 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Mitsui Trust Group, Inc. | 49800 | 1447680 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Realty & Development Co. Ltd. | 42000 | 1855117 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumitomo Rubber Industries Ltd. | 42800 | 520511 |
| &nbsp;&nbsp;&nbsp;&nbsp;Suntory Beverage & Food Ltd. | 12700 | 397184 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Suzuken Co. Ltd. | 1100 | $43268 |
| &nbsp;&nbsp;&nbsp;&nbsp;Suzuki Motor Corp. | 103600 | 1513526 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taiheiyo Cement Corp. | 7500 | 194999 |
| &nbsp;&nbsp;&nbsp;&nbsp;Takashimaya Co. Ltd. | 26200 | 300294 |
| &nbsp;&nbsp;&nbsp;&nbsp;Takeda Pharmaceutical Co. Ltd. | 126173 | 3681486 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tokyo Tatemono Co. Ltd. | 37600 | 753983 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tokyu Fudosan Holdings Corp. | 132300 | 1095902 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toray Industries, Inc. | 109100 | 697381 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tosoh Corp. | 58300 | 863156 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toyo Seikan Group Holdings Ltd. | 16700 | 381124 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toyo Tire Corp. | 7400 | 196703 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toyoda Gosei Co. Ltd. | 15300 | 380935 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toyota Boshoku Corp. | 9700 | 160994 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toyota Motor Corp. | 326550 | 6292080 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toyota Motor Corp., ADR @ | 2917 | 557410 |
| &nbsp;&nbsp;&nbsp;&nbsp;Toyota Tsusho Corp. | 62400 | 1730837 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yamada Holdings Co. Ltd. | 48000 | 157549 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yamaha Motor Co. Ltd. | 111600 | 837651 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yamato Holdings Co. Ltd. @ | 18700 | 299180 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yokohama Rubber Co. Ltd. (The) | 27600 | 1023674 |
|  |  | 126470941 |
| ***Macau — 0.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Galaxy Entertainment Group Ltd. | 105000 | 578570 |
| ***Netherlands — 4.6%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;ABN AMRO Bank NV, GDR ± | 35524 | 1136515 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aegon Ltd. | 119642 | 959662 |
| &nbsp;&nbsp;&nbsp;&nbsp;Akzo Nobel NV | 13002 | 925059 |
| &nbsp;&nbsp;&nbsp;&nbsp;ArcelorMittal SA @ | 53395 | 1930229 |
| &nbsp;&nbsp;&nbsp;&nbsp;ArcelorMittal SA = | 1708 | 61321 |
| &nbsp;&nbsp;&nbsp;&nbsp;ASR Nederland NV | 17592 | 1193382 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coca-Cola Europacific Partners PLC | 8210 | 743164 |
| &nbsp;&nbsp;&nbsp;&nbsp;HAL Trust | 1259 | 200139 |
| &nbsp;&nbsp;&nbsp;&nbsp;Havas NV | 40220 | 73923 |
| &nbsp;&nbsp;&nbsp;&nbsp;Heineken NV | 10203 | 795635 |
| &nbsp;&nbsp;&nbsp;&nbsp;ING Groep NV | 198598 | 5147098 |
| &nbsp;&nbsp;&nbsp;&nbsp;JDE Peet's NV | 2320 | 84983 |
| &nbsp;&nbsp;&nbsp;&nbsp;Koninklijke Ahold Delhaize NV | 159582 | 6454461 |
| &nbsp;&nbsp;&nbsp;&nbsp;Koninklijke KPN NV | 263030 | 1262109 |
| &nbsp;&nbsp;&nbsp;&nbsp;Koninklijke Philips NV ¢ | 33108 | 895576 |
| &nbsp;&nbsp;&nbsp;&nbsp;Koninklijke Philips NV @ | 41074 | 1119677 |
| &nbsp;&nbsp;&nbsp;&nbsp;NN Group NV | 37699 | 2651206 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stellantis NV | 191757 | 1770441 |
|  |  | 27404580 |
| ***New Zealand — 0.2%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Auckland International Airport Ltd. | 114710 | 524045 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fletcher Building Ltd. @\* | 56820 | 111013 |
| &nbsp;&nbsp;&nbsp;&nbsp;Infratil Ltd. | 43068 | 308363 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mercury NZ Ltd. | 42627 | 165083 |
| &nbsp;&nbsp;&nbsp;&nbsp;Meridian Energy Ltd. | 30137 | 97319 |
| &nbsp;&nbsp;&nbsp;&nbsp;Port of Tauranga Ltd. @ | 3033 | 13170 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ryman Healthcare Ltd. @\* | 21799 | 32732 |
| &nbsp;&nbsp;&nbsp;&nbsp;Summerset Group Holdings Ltd. @ | 11649 | 72127 |
|  |  | 1323852 |
| ***Norway — 0.6%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Aker BP ASA | 22520 | 571149 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aker Solutions ASA | 26878 | 80584 |
| &nbsp;&nbsp;&nbsp;&nbsp;Austevoll Seafood ASA | 8619 | 82048 |
| &nbsp;&nbsp;&nbsp;&nbsp;DNB Bank ASA | 17623 | 479445 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equinor ASA | 18973 | 462749 |
| &nbsp;&nbsp;&nbsp;&nbsp;Norsk Hydro ASA | 88167 | 597230 |
| &nbsp;&nbsp;&nbsp;&nbsp;SpareBank 1 Sor-Norge ASA | 18440 | 328535 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stolt-Nielsen Ltd. | 1313 | 45194 |
| &nbsp;&nbsp;&nbsp;&nbsp;Subsea 7 SA | 28831 | 595136 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA International Value Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***Norway (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;TGS ASA | 6495 | $48096 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yara International ASA | 13148 | 480359 |
|  |  | 3770525 |
| ***Portugal — 0.0%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;EDP Renovaveis SA @ | 8223 | 108127 |
| ***Singapore — 1.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;BW LPG Ltd. ± | 5825 | 83293 |
| &nbsp;&nbsp;&nbsp;&nbsp;BW LPG Ltd. @± | 1247 | 17807 |
| &nbsp;&nbsp;&nbsp;&nbsp;City Developments Ltd. | 14600 | 78322 |
| &nbsp;&nbsp;&nbsp;&nbsp;Genting Singapore Ltd. @ | 191700 | 109229 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hafnia Ltd. | 9131 | 55008 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hongkong Land Holdings Ltd. | 73200 | 463356 |
| &nbsp;&nbsp;&nbsp;&nbsp;Keppel Ltd. | 158800 | 1098102 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oversea-Chinese Banking Corp. Ltd. | 95349 | 1215193 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seatrium Ltd. | 238840 | 438816 |
| &nbsp;&nbsp;&nbsp;&nbsp;Singapore Airlines Ltd. @ | 26700 | 134954 |
| &nbsp;&nbsp;&nbsp;&nbsp;STMicroelectronics NV @ | 16980 | 475459 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Overseas Bank Ltd. | 71400 | 1914037 |
| &nbsp;&nbsp;&nbsp;&nbsp;UOL Group Ltd. | 47218 | 285881 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wilmar International Ltd. | 180900 | 399678 |
|  |  | 6769135 |
| ***South Africa — 0.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Anglo American PLC | 4359 | 163268 |
| &nbsp;&nbsp;&nbsp;&nbsp;Valterra Platinum Ltd. | 2785 | 198514 |
|  |  | 361782 |
| ***Spain — 3.5%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco Bilbao Vizcaya Argentaria SA | 64315 | 1233818 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco Bilbao Vizcaya Argentaria SA, ADR | 65357 | 1258122 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco de Sabadell SA | 74625 | 289125 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco Santander SA | 1427311 | 14870476 |
| &nbsp;&nbsp;&nbsp;&nbsp;CaixaBank SA | 2746 | 28842 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mapfre SA | 24703 | 116880 |
| &nbsp;&nbsp;&nbsp;&nbsp;Repsol SA | 178930 | 3164748 |
| &nbsp;&nbsp;&nbsp;&nbsp;Telefonica SA, ADR @ | 6496 | 33000 |
|  |  | 20995011 |
| ***Sweden — 2.4%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Billerud Aktiebolag | 22377 | 200847 |
| &nbsp;&nbsp;&nbsp;&nbsp;Boliden AB \* | 34071 | 1385003 |
| &nbsp;&nbsp;&nbsp;&nbsp;Essity AB, Class B | 35389 | 923969 |
| &nbsp;&nbsp;&nbsp;&nbsp;Getinge AB, Class B | 7190 | 154654 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hexagon AB, Class B | 53499 | 635892 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hexpol AB | 7086 | 63526 |
| &nbsp;&nbsp;&nbsp;&nbsp;Holmen AB, Class B @ | 8941 | 339428 |
| &nbsp;&nbsp;&nbsp;&nbsp;Husqvarna AB, Class B | 29807 | 158749 |
| &nbsp;&nbsp;&nbsp;&nbsp;Loomis AB | 9469 | 403929 |
| &nbsp;&nbsp;&nbsp;&nbsp;Securitas AB, Class B | 59785 | 899213 |
| &nbsp;&nbsp;&nbsp;&nbsp;Skandinaviska Enskilda Banken AB, Class A | 122336 | 2389700 |
| &nbsp;&nbsp;&nbsp;&nbsp;Skanska AB, Class B | 29166 | 755607 |
| &nbsp;&nbsp;&nbsp;&nbsp;SKF AB, Class A | 839 | 20943 |
| &nbsp;&nbsp;&nbsp;&nbsp;SKF AB, Class B | 64782 | 1604687 |
| &nbsp;&nbsp;&nbsp;&nbsp;SSAB AB, Class A | 29362 | 175466 |
| &nbsp;&nbsp;&nbsp;&nbsp;SSAB AB, Class B @ | 84454 | 489802 |
| &nbsp;&nbsp;&nbsp;&nbsp;Svenska Cellulosa AB SCA, Class A | 244 | 3229 |
| &nbsp;&nbsp;&nbsp;&nbsp;Svenska Cellulosa AB SCA, Class B | 25812 | 340937 |
| &nbsp;&nbsp;&nbsp;&nbsp;Svenska Handelsbanken AB, Class A | 54423 | 707573 |
| &nbsp;&nbsp;&nbsp;&nbsp;Svenska Handelsbanken AB, Class B @ | 1918 | 42783 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Swedbank AB, Class A | 38879 | $1169542 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swedish Orphan Biovitrum AB \* | 3353 | 102146 |
| &nbsp;&nbsp;&nbsp;&nbsp;Telefonaktiebolaget LM Ericsson, Class B @ | 9317 | 77035 |
| &nbsp;&nbsp;&nbsp;&nbsp;Telia Co. AB | 224517 | 855914 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trelleborg AB, Class B | 10544 | 392555 |
| &nbsp;&nbsp;&nbsp;&nbsp;Volvo Car AB, Class B @\* | 39107 | 80192 |
|  |  | 14373321 |
| ***Switzerland — 8.5%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alcon AG | 30384 | 2261863 |
| &nbsp;&nbsp;&nbsp;&nbsp;Baloise Holding AG | 3525 | 869681 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banque Cantonale Vaudoise @ | 1642 | 193686 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cie Financiere Richemont SA, Class A | 27142 | 5168931 |
| &nbsp;&nbsp;&nbsp;&nbsp;DSM-Firmenich AG | 7778 | 662236 |
| &nbsp;&nbsp;&nbsp;&nbsp;Holcim AG | 54961 | 4649298 |
| &nbsp;&nbsp;&nbsp;&nbsp;Julius Baer Group Ltd. @ | 24697 | 1705103 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lonza Group AG | 4850 | 3212009 |
| &nbsp;&nbsp;&nbsp;&nbsp;Novartis AG | 15171 | 1908072 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sandoz Group AG | 24470 | 1449972 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sandoz Group AG, ADR | 572 | 34108 |
| &nbsp;&nbsp;&nbsp;&nbsp;SIG Group AG | 12171 | 125448 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swiss Life Holding AG | 4035 | 4336846 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swiss Prime Site AG @ | 1636 | 228738 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swiss Re AG | 27774 | 5130540 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swisscom AG | 4128 | 2994686 |
| &nbsp;&nbsp;&nbsp;&nbsp;UBS Group AG | 176008 | 7188016 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zurich Insurance Group AG | 11874 | 8451490 |
|  |  | 50570723 |
| ***United Kingdom — 11.5%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Associated British Foods PLC | 9107 | 251207 |
| &nbsp;&nbsp;&nbsp;&nbsp;Barclays PLC, ADR | 124117 | 2565498 |
| &nbsp;&nbsp;&nbsp;&nbsp;Barratt Redrow PLC | 47310 | 248082 |
| &nbsp;&nbsp;&nbsp;&nbsp;British American Tobacco PLC | 100013 | 5309008 |
| &nbsp;&nbsp;&nbsp;&nbsp;BT Group PLC | 1231112 | 3164912 |
| &nbsp;&nbsp;&nbsp;&nbsp;Centrica PLC | 116717 | 261516 |
| &nbsp;&nbsp;&nbsp;&nbsp;Glencore PLC \* | 465148 | 2136972 |
| &nbsp;&nbsp;&nbsp;&nbsp;HSBC Holdings PLC | 18452 | 259328 |
| &nbsp;&nbsp;&nbsp;&nbsp;HSBC Holdings PLC, ADR @ | 184078 | 13065857 |
| &nbsp;&nbsp;&nbsp;&nbsp;J Sainsbury PLC | 201103 | 903348 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kingfisher PLC | 166517 | 691329 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lloyds Banking Group PLC | 5202883 | 5865183 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lloyds Banking Group PLC, ADR @ | 168820 | 766443 |
| &nbsp;&nbsp;&nbsp;&nbsp;Natwest Group PLC | 428451 | 3005582 |
| &nbsp;&nbsp;&nbsp;&nbsp;Natwest Group PLC, ADR | 51478 | 728414 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shell PLC, ADR | 346564 | 24789723 |
| &nbsp;&nbsp;&nbsp;&nbsp;Standard Chartered PLC | 184890 | 3569492 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vodafone Group PLC | 779636 | 903415 |
| &nbsp;&nbsp;&nbsp;&nbsp;Whitbread PLC | 4742 | 205356 |
|  |  | 68690665 |
| ***United States — 1.5%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Amrize Ltd. \* | 54961 | 2650528 |
| &nbsp;&nbsp;&nbsp;&nbsp;BP PLC | 299981 | 1717664 |
| &nbsp;&nbsp;&nbsp;&nbsp;BP PLC, ADR | 102749 | 3540731 |
| &nbsp;&nbsp;&nbsp;&nbsp;International Paper Co. | 18027 | 823101 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shell PLC | 2416 | 85992 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sinch AB \*± | 25107 | 80726 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA International Value Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***United States (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Tenaris SA, ADR @ | 4481 | $160285 |
|  |  | 9059027 |
| &nbsp;&nbsp;&nbsp;&nbsp;TOTAL COMMON STOCKS <br> (Identified Cost $372,190,928) |  | 588282438 |
| **PREFERRED STOCKS — 0.6%** |  |  |
| ***Germany — 0.6%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bayerische Motoren Werke AG, 5.486% | 7858 | 728368 |
| &nbsp;&nbsp;&nbsp;&nbsp;Henkel AG & Co. KGaA, 2.968% | 14026 | 1131299 |
| &nbsp;&nbsp;&nbsp;&nbsp;Volkswagen AG, 6.912% | 16851 | 1819330 |
|  |  | 3678997 |
| &nbsp;&nbsp;&nbsp;&nbsp;TOTAL PREFERRED STOCKS <br> (Identified Cost $4,147,151) |  | 3678997 |
| **SHORT-TERM INVESTMENTS — 3.3%** | **SHORT-TERM INVESTMENTS — 3.3%** |  |
| ***Investment Company — 0.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Institutional U.S. Government Money Market Fund 3.840% | 473682 | 473682 |
| ***Collateral For Securities On Loan — 3.2%*** | ***Collateral For Securities On Loan — 3.2%*** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Navigator Securities Lending Government Money Market Portfolio 4.180% | 19439346 | 19439346 |
| &nbsp;&nbsp;&nbsp;&nbsp;TOTAL SHORT-TERM INVESTMENTS <br> (Identified Cost $19,913,028) |  | 19913028 |
| **Total Investments — 102.3% <br> (Identified Cost $396,251,107)** |  | **611874463** |
| &nbsp;&nbsp;&nbsp;&nbsp;Liabilities in excess of Cash and Other Assets — (2.3%) | &nbsp;&nbsp;&nbsp;&nbsp;Liabilities in excess of Cash and Other Assets — (2.3%) | (13909544) |
| **Net Assets — 100.0%** |  | $**597964919** |

---

---

| |
|:---|
| See Note 1 |
| A portion or all of the security was held on loan. As of September 30, 2025, the fair value of the securities on loan was $73,038,965. |
| Non-income producing security |
| 144A Securities. Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. These securities have been deemed by the Fund to be liquid and at September 30, 2025 amounted to $3,614,568 or 0.60% of the net assets of the Fund. |
| ¥Traded on the Canada, Toronto Stock Exchange. |
| Traded on the France, Euronext Paris Exchange. |
| Traded on the Netherlands, Euronext Amsterdam Stock Market. |

---

Key to abbreviations:

ADR — American Depository Receipt

*The accompanying notes are an integral part of these portfolio of investments.*

**SA International Small Company Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **MUTUAL FUNDS — 100.1%** |  |  |
| ***Others — 100.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;DFA International Small Company Portfolio £| 11273010 | $280472485 |
| &nbsp;&nbsp;&nbsp;&nbsp;TOTAL MUTUAL FUNDS <br> (Identified Cost $111,799,250) |  | 280472485 |
| **Total Investments — 100.1% <br> (Identified Cost $111,799,250)** |  | **280472485** |
| &nbsp;&nbsp;&nbsp;&nbsp;Liabilities in excess of Cash and Other Assets — (0.1%) | &nbsp;&nbsp;&nbsp;&nbsp;Liabilities in excess of Cash and Other Assets — (0.1%) | (322086) |
| **Net Assets — 100.0%** |  | $**280150399** |

---

---

| |
|:---|
| See Note 1 |
| £The Fund invests a substantial amount of its assets in the DFA International Small Company Portfolio. Financial statements and other information about the DFA International Small Company Portfolio, including its portfolio holdings, are available at https://www.dimensional.com. |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA Emerging Markets Value Fund**

PORTFOLIO OF INVESTMENTS — AS OF SEPTEMBER 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS — 100.1%** |  |  |
| ***Brazil — 2.3%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Anima Holding SA | 29800 | $19205 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco Bradesco SA | 70133 | 200691 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco Bradesco SA, ADR | 87896 | 297088 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco do Brasil SA | 67954 | 282043 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco Santander Brasil SA | 92815 | 512708 |
| &nbsp;&nbsp;&nbsp;&nbsp;BrasilAgro - Co. Brasileira de Propriedades Agricolas | 4700 | 17882 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cia Siderurgica Nacional SA | 34656 | 51441 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cogna Educacao SA | 149565 | 93860 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cyrela Brazil Realty SA Empreendimentos e Participacoes | 10774 | 62147 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dexco SA | 34954 | 38092 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gerdau SA, ADR | 5731 | 17766 |
| &nbsp;&nbsp;&nbsp;&nbsp;Grupo SBF SA | 12700 | 31021 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hapvida Participacoes e Investimentos SA \*± | 3682 | 24801 |
| &nbsp;&nbsp;&nbsp;&nbsp;Iochpe Maxion SA | 12197 | 27317 |
| &nbsp;&nbsp;&nbsp;&nbsp;IRB Brasil Resseguros SA \* | 3822 | 35188 |
| &nbsp;&nbsp;&nbsp;&nbsp;JHSF Participacoes SA | 40831 | 49636 |
| &nbsp;&nbsp;&nbsp;&nbsp;M Dias Branco SA | 2888 | 15595 |
| &nbsp;&nbsp;&nbsp;&nbsp;Petroleo Brasileiro SA - Petrobras | 216013 | 1371022 |
| &nbsp;&nbsp;&nbsp;&nbsp;Petroleo Brasileiro SA - Petrobras, ADR | 31807 | 375959 |
| &nbsp;&nbsp;&nbsp;&nbsp;Petroreconcavo SA | 10435 | 24724 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sao Martinho SA | 10312 | 33635 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tupy SA | 3847 | 9433 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vale SA | 20412 | 220832 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vale SA, ADR | 63918 | 694149 |
| &nbsp;&nbsp;&nbsp;&nbsp;Valid Solucoes e Servicos de Seguranca em Meios de Pagamento e Identificacao SA | 4800 | 19075 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vibra Energia SA | 69139 | 319438 |
|  |  | 4844748 |
| ***British Virgin Islands — 0.0%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AsiaInfo Technologies Ltd. @± | 13200 | 16623 |
| ***Canada — 0.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;China Gold International Resources Corp. Ltd. | 11400 | 203332 |
| ***Cayman Islands — 0.2%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Edvantage Group Holdings Ltd. | 32244 | 6215 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fulgent Sun International Holding Co. Ltd. | 8315 | 27255 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gourmet Master Co. Ltd. | 5000 | 12140 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trip.com Group Ltd. | 4250 | 325497 |
|  |  | 371107 |
| ***Chile — 0.5%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;CAP SA \* | 4662 | 25457 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cencosud SA | 11788 | 33534 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cia Cervecerias Unidas SA, ADR @ | 4298 | 52092 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cia Sud Americana de Vapores SA | 595154 | 31137 |
| &nbsp;&nbsp;&nbsp;&nbsp;Empresa Nacional de Telecomunicaciones SA | 13467 | 47485 |
| &nbsp;&nbsp;&nbsp;&nbsp;Empresas CMPC SA | 57684 | 85047 |
| &nbsp;&nbsp;&nbsp;&nbsp;Empresas Copec SA | 28747 | 210498 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enel Americas SA | 1098585 | 110838 |
| &nbsp;&nbsp;&nbsp;&nbsp;Falabella SA | 20400 | 120945 |
| &nbsp;&nbsp;&nbsp;&nbsp;Inversiones Aguas Metropolitanas SA | 43236 | 41328 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ripley Corp. SA | 81141 | 39497 |
| &nbsp;&nbsp;&nbsp;&nbsp;Salfacorp SA | 43853 | 42419 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sigdo Koppers SA | 27803 | 40486 |
| &nbsp;&nbsp;&nbsp;&nbsp;SMU SA | 215040 | 35903 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sociedad Matriz SAAM SA | 298644 | 38207 |
| &nbsp;&nbsp;&nbsp;&nbsp;SONDA SA | 83103 | 31549 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vina Concha y Toro SA | 23908 | 26210 |
|  |  | 1012632 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| ***China — 30.4%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;361 Degrees International Ltd. | 71000 | $57114 |
| &nbsp;&nbsp;&nbsp;&nbsp;3SBio, Inc. @± | 9500 | 36623 |
| &nbsp;&nbsp;&nbsp;&nbsp;AAC Technologies Holdings, Inc. | 33500 | 196903 |
| &nbsp;&nbsp;&nbsp;&nbsp;Advanced Technology & Materials Co. Ltd., Class A | 13900 | 26478 |
| &nbsp;&nbsp;&nbsp;&nbsp;AECC Aero-Engine Control Co. Ltd., Class A | 7100 | 20048 |
| &nbsp;&nbsp;&nbsp;&nbsp;Agricultural Bank of China Ltd., Class H | 1402000 | 945843 |
| &nbsp;&nbsp;&nbsp;&nbsp;Airtac International Group | 6000 | 148238 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alibaba Group Holding Ltd. | 304510 | 6926062 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alibaba Group Holding Ltd., ADR | 662 | 118319 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aluminum Corp. of China Ltd., Class H | 216000 | 223995 |
| &nbsp;&nbsp;&nbsp;&nbsp;Anhui Conch Cement Co. Ltd., Class H | 64000 | 193268 |
| &nbsp;&nbsp;&nbsp;&nbsp;Anhui Guangxin Agrochemical Co. Ltd., Class A | 4312 | 7214 |
| &nbsp;&nbsp;&nbsp;&nbsp;Anhui Heli Co. Ltd., Class A | 8200 | 25262 |
| &nbsp;&nbsp;&nbsp;&nbsp;Anhui Hengyuan Coal Industry and Electricity Power Co. Ltd., Class A | 12600 | 11966 |
| &nbsp;&nbsp;&nbsp;&nbsp;Anhui Huilong Agricultural Means of Production Co. Ltd., Class A | 6500 | 4986 |
| &nbsp;&nbsp;&nbsp;&nbsp;Anhui Jiangnan Chemical Industry Co. Ltd., Class A | 29200 | 28222 |
| &nbsp;&nbsp;&nbsp;&nbsp;Anhui Truchum Advanced Materials & Technology Co. Ltd., Class A | 13800 | 18746 |
| &nbsp;&nbsp;&nbsp;&nbsp;Anhui Zhongding Sealing Parts Co. Ltd., Class A | 13300 | 46448 |
| &nbsp;&nbsp;&nbsp;&nbsp;Anjoy Foods Group Co. Ltd., Class A | 2200 | 21792 |
| &nbsp;&nbsp;&nbsp;&nbsp;Anton Oilfield Services Group | 112000 | 19861 |
| &nbsp;&nbsp;&nbsp;&nbsp;Asia - Potash International Investment Guangzhou Co. Ltd., Class A \* | 4400 | 24211 |
| &nbsp;&nbsp;&nbsp;&nbsp;Asymchem Laboratories Tianjin Co. Ltd., Class A | 2200 | 35140 |
| &nbsp;&nbsp;&nbsp;&nbsp;Autohome, Inc., ADR | 583 | 16645 |
| &nbsp;&nbsp;&nbsp;&nbsp;AviChina Industry & Technology Co. Ltd., Class H | 219000 | 122699 |
| &nbsp;&nbsp;&nbsp;&nbsp;BAIC Motor Corp. Ltd., Class H \*± | 145000 | 39502 |
| &nbsp;&nbsp;&nbsp;&nbsp;Baidu, Inc., ADR \*@ | 11412 | 1503759 |
| &nbsp;&nbsp;&nbsp;&nbsp;Baidu, Inc., Class A \* | 6850 | 117248 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bairong, Inc. \*± | 21500 | 30059 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Beijing Co. Ltd., Class A | 98400 | 76166 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Changsha Co. Ltd., Class A | 25500 | 31631 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Chengdu Co. Ltd., Class A | 26000 | 63005 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of China Ltd., Class H | 3327902 | 1821762 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Chongqing Co. Ltd., Class H | 46500 | 43919 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Communications Co. Ltd., Class H | 462400 | 388010 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Guiyang Co. Ltd., Class A | 22500 | 18206 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Hangzhou Co. Ltd., Class A | 32101 | 68861 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Jiangsu Co. Ltd., Class A | 80100 | 112862 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Nanjing Co. Ltd., Class A | 61300 | 94123 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Ningbo Co. Ltd., Class A | 38780 | 143986 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Qingdao Co. Ltd., Class H ± | 53000 | 29694 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Shanghai Co. Ltd., Class A | 68500 | 86221 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Suzhou Co. Ltd., Class A | 22220 | 25471 |
| &nbsp;&nbsp;&nbsp;&nbsp;Baoshan Iron & Steel Co. Ltd., Class A | 100300 | 99617 |
| &nbsp;&nbsp;&nbsp;&nbsp;BBMG Corp., Class H @ | 103000 | 11118 |
| &nbsp;&nbsp;&nbsp;&nbsp;Beijing Capital Eco-Environment Protection Group Co. Ltd., Class A | 48000 | 21443 |
| &nbsp;&nbsp;&nbsp;&nbsp;Beijing Capital International Airport Co. Ltd., Class H \*@ | 46000 | 16433 |
| &nbsp;&nbsp;&nbsp;&nbsp;Beijing Dabeinong Technology Group Co. Ltd., Class A | 28600 | 16392 |
| &nbsp;&nbsp;&nbsp;&nbsp;Beijing Easpring Material Technology Co. Ltd., Class A | 2700 | 25181 |
| &nbsp;&nbsp;&nbsp;&nbsp;Beijing Enterprises Holdings Ltd. | 46000 | 196604 |
| &nbsp;&nbsp;&nbsp;&nbsp;Beijing Enterprises Water Group Ltd. @ | 346000 | 106264 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA Emerging Markets Value Fund**

PORTFOLIO OF INVESTMENTS — AS OF SEPTEMBER 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***China (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Beijing GeoEnviron Engineering & Technology, Inc., Class A | 11232 | $11298 |
| &nbsp;&nbsp;&nbsp;&nbsp;Beijing Jetsen Technology Co. Ltd., Class A | 28600 | 24307 |
| &nbsp;&nbsp;&nbsp;&nbsp;Beijing New Building Materials PLC, Class A | 5600 | 18613 |
| &nbsp;&nbsp;&nbsp;&nbsp;Beijing Originwater Technology Co. Ltd., Class A | 5558 | 3412 |
| &nbsp;&nbsp;&nbsp;&nbsp;Beijing Shougang Co. Ltd., Class A | 27500 | 16457 |
| &nbsp;&nbsp;&nbsp;&nbsp;Beijing Sinnet Technology Co. Ltd., Class A | 15900 | 33728 |
| &nbsp;&nbsp;&nbsp;&nbsp;Beijing SL Pharmaceutical Co. Ltd., Class A | 8900 | 9002 |
| &nbsp;&nbsp;&nbsp;&nbsp;Beijing Tong Ren Tang Chinese Medicine Co. Ltd. @ | 9000 | 10397 |
| &nbsp;&nbsp;&nbsp;&nbsp;Beijing Yanjing Brewery Co. Ltd., Class A | 9600 | 16359 |
| &nbsp;&nbsp;&nbsp;&nbsp;Beijing-Shanghai High Speed Railway Co. Ltd., Class A | 108000 | 77832 |
| &nbsp;&nbsp;&nbsp;&nbsp;Beiqi Foton Motor Co. Ltd., Class A \* | 66600 | 25635 |
| &nbsp;&nbsp;&nbsp;&nbsp;BGI Genomics Co. Ltd., Class A \* | 1800 | 12431 |
| &nbsp;&nbsp;&nbsp;&nbsp;BOC International China Co. Ltd., Class A | 14300 | 28847 |
| &nbsp;&nbsp;&nbsp;&nbsp;BOE Technology Group Co. Ltd., Class A | 220300 | 128743 |
| &nbsp;&nbsp;&nbsp;&nbsp;BOE Varitronix Ltd. @ | 15000 | 10794 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bohai Leasing Co. Ltd., Class A \* | 64900 | 32001 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bright Dairy & Food Co. Ltd., Class A | 7700 | 9075 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brilliance China Automotive Holdings Ltd. | 178000 | 94239 |
| &nbsp;&nbsp;&nbsp;&nbsp;BTG Hotels Group Co. Ltd., Class A | 5700 | 11755 |
| &nbsp;&nbsp;&nbsp;&nbsp;Business-intelligence of Oriental Nations Corp. Ltd., Class A \* | 8200 | 12533 |
| &nbsp;&nbsp;&nbsp;&nbsp;By-health Co. Ltd., Class A | 11100 | 17979 |
| &nbsp;&nbsp;&nbsp;&nbsp;BYD Electronic International Co. Ltd. @ | 3500 | 18593 |
| &nbsp;&nbsp;&nbsp;&nbsp;C&D International Investment Group Ltd. @ | 60566 | 139236 |
| &nbsp;&nbsp;&nbsp;&nbsp;Caitong Securities Co. Ltd., Class A | 15470 | 18299 |
| &nbsp;&nbsp;&nbsp;&nbsp;CALB Group Co. Ltd., Class H \*± | 4100 | 18682 |
| &nbsp;&nbsp;&nbsp;&nbsp;Canmax Technologies Co. Ltd., Class A | 4800 | 16851 |
| &nbsp;&nbsp;&nbsp;&nbsp;CECEP Solar Energy Co. Ltd., Class A | 30100 | 19197 |
| &nbsp;&nbsp;&nbsp;&nbsp;CECEP Wind-Power Corp., Class A | 49010 | 21963 |
| &nbsp;&nbsp;&nbsp;&nbsp;CGN New Energy Holdings Co. Ltd. | 130000 | 49448 |
| &nbsp;&nbsp;&nbsp;&nbsp;Changchun High-Tech Industry Group Co. Ltd., Class A | 2500 | 45656 |
| &nbsp;&nbsp;&nbsp;&nbsp;Changjiang Securities Co. Ltd., Class A | 17900 | 20871 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chengdu Kanghong Pharmaceutical Group Co. Ltd., Class A | 4900 | 25490 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chengdu Wintrue Holding Co. Ltd., Class A | 8900 | 13003 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chengxin Lithium Group Co. Ltd., Class A \* | 5600 | 14939 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Baoan Group Co. Ltd., Class A | 9000 | 15753 |
| &nbsp;&nbsp;&nbsp;&nbsp;China BlueChemical Ltd., Class H | 58000 | 17738 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Bohai Bank Co. Ltd., Class H \*± | 217000 | 28722 |
| &nbsp;&nbsp;&nbsp;&nbsp;China CAMC Engineering Co. Ltd., Class A | 4400 | 5118 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Cinda Asset Management Co. Ltd., Class H | 103000 | 18001 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Citic Bank Corp. Ltd., Class H | 434000 | 373102 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Coal Energy Co. Ltd., Class H @ | 181000 | 216076 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Coal Xinji Energy Co. Ltd., Class A | 19900 | 17416 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Communications Services Corp. Ltd., Class H | 231600 | 136901 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Conch Venture Holdings Ltd. | 61500 | 86695 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Construction Bank Corp., Class H | 4583810 | 4405952 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Development Bank Financial Leasing Co. Ltd., Class H ± | 128000 | 29278 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;China Education Group Holdings Ltd. @ | 34181 | $14495 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Energy Engineering Corp. Ltd., Class A | 88674 | 30021 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Energy Engineering Corp. Ltd., Class H | 152000 | 23244 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Everbright Bank Co. Ltd., Class H | 198000 | 82437 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Feihe Ltd. ± | 234000 | 120278 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Foods Ltd. | 86000 | 48736 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Galaxy Securities Co. Ltd., Class H | 96500 | 146822 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Gas Holdings Ltd. | 233800 | 228934 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Great Wall Securities Co. Ltd., Class A | 8500 | 13863 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Green Electricity Investment of Tianjin Co. Ltd., Class A | 10700 | 13679 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Hongqiao Group Ltd. @ | 189000 | 641662 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Huiyuan Juice Group Ltd. \*§ | 84500 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;China International Marine Containers Group Co. Ltd., Class H | 74460 | 79513 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Jushi Co. Ltd., Class A | 22631 | 55127 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Lesso Group Holdings Ltd. | 100000 | 62709 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Lilang Ltd. @ | 31000 | 14182 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Literature Ltd. \*@± | 16800 | 85231 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Medical System Holdings Ltd. @ | 64000 | 115056 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Meheco Group Co. Ltd., Class A | 13860 | 21710 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Meidong Auto Holdings Ltd. | 56000 | 14464 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Mengniu Dairy Co. Ltd. | 193000 | 372015 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Merchants Bank Co. Ltd., Class H | 212500 | 1276865 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Merchants Energy Shipping Co. Ltd., Class A | 27400 | 34180 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Merchants Expressway Network & Technology Holdings Co. Ltd., Class A | 12700 | 17377 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Merchants Port Holdings Co. Ltd. | 73712 | 138010 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Merchants Property Operation & Service Co. Ltd., Class A | 5000 | 8569 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Merchants Shekou Industrial Zone Holdings Co. Ltd., Class A | 22000 | 31431 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Minsheng Banking Corp. Ltd., Class H | 353880 | 186900 |
| &nbsp;&nbsp;&nbsp;&nbsp;China National Accord Medicines Corp. Ltd., Class A | 4160 | 14610 |
| &nbsp;&nbsp;&nbsp;&nbsp;China National Building Material Co. Ltd., Class H | 207591 | 147251 |
| &nbsp;&nbsp;&nbsp;&nbsp;China National Chemical Engineering Co. Ltd., Class A | 38700 | 40448 |
| &nbsp;&nbsp;&nbsp;&nbsp;China National Medicines Corp. Ltd., Class A | 4600 | 18482 |
| &nbsp;&nbsp;&nbsp;&nbsp;China National Nuclear Power Co. Ltd., Class A | 53700 | 65706 |
| &nbsp;&nbsp;&nbsp;&nbsp;China New Higher Education Group Ltd. \*± | 94587 | 15680 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Nonferrous Metal Industry's Foreign Engineering and Construction Co. Ltd., Class A | 15100 | 14382 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Nonferrous Mining Corp. Ltd. | 102000 | 196347 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Oilfield Services Ltd., Class H | 134000 | 115025 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Overseas Grand Oceans Group Ltd. | 141402 | 45245 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Overseas Land & Investment Ltd. | 189500 | 349684 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Pacific Insurance Group Co. Ltd., Class H | 94200 | 375011 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Petroleum & Chemical Corp., Class H | 1596400 | 830823 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Railway Group Ltd., Class H | 247000 | 124739 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA Emerging Markets Value Fund**

PORTFOLIO OF INVESTMENTS — AS OF SEPTEMBER 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***China (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;China Railway Hi-tech Industry Co. Ltd., Class A | 10600 | $12330 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Railway Signal & Communication Corp. Ltd., Class H ± | 149000 | 66823 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Reinsurance Group Corp., Class H | 422000 | 84053 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Resources Beer Holdings Co. Ltd. | 36000 | 126940 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Resources Building Materials Technology Holdings Ltd. | 238000 | 55356 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Resources Double Crane Pharmaceutical Co. Ltd., Class A | 6300 | 16532 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Resources Gas Group Ltd. | 59200 | 150930 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Resources Land Ltd. | 232000 | 905706 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Resources Medical Holdings Co. Ltd. @ | 71500 | 32250 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Resources Pharmaceutical Group Ltd. @± | 134500 | 83134 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Risun Group Ltd. @ | 58000 | 17664 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Shenhua Energy Co. Ltd., Class H @ | 182500 | 872403 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Shineway Pharmaceutical Group Ltd. | 36000 | 38720 |
| &nbsp;&nbsp;&nbsp;&nbsp;China South Publishing & Media Group Co. Ltd., Class A | 11600 | 20011 |
| &nbsp;&nbsp;&nbsp;&nbsp;China State Construction Engineering Corp. Ltd., Class A | 164900 | 126250 |
| &nbsp;&nbsp;&nbsp;&nbsp;China State Construction International Holdings Ltd. | 50000 | 63673 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Taiping Insurance Holdings Co. Ltd. | 91000 | 177979 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Tower Corp. Ltd., Class H ± | 335800 | 495375 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Traditional Chinese Medicine Holdings Co. Ltd. | 260000 | 81522 |
| &nbsp;&nbsp;&nbsp;&nbsp;China TransInfo Technology Co. Ltd., Class A \* | 6900 | 11166 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Travel International Investment Hong Kong Ltd. \*@ | 180000 | 38628 |
| &nbsp;&nbsp;&nbsp;&nbsp;China XD Electric Co. Ltd., Class A | 23000 | 21842 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Yongda Automobiles Services Holdings Ltd. | 84000 | 20617 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Youran Dairy Group Ltd. \*@± | 71000 | 30108 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Zhenhua Group Science & Technology Co. Ltd., Class A | 3700 | 26114 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Zheshang Bank Co. Ltd., Class H | 124800 | 41376 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chinasoft International Ltd. | 164000 | 133190 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chinese Universe Publishing and Media Group Co. Ltd., Class A | 9200 | 13131 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chongqing Changan Automobile Co. Ltd., Class A | 41230 | 70836 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chongqing Department Store Co. Ltd., Class A | 2400 | 8951 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chongqing Rural Commercial Bank Co. Ltd., Class H | 137000 | 105805 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chongqing Sanfeng Environment Group Corp. Ltd., Class A | 10300 | 11836 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chongqing Zhifei Biological Products Co. Ltd., Class A | 7000 | 20415 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chow Tai Seng Jewellery Co. Ltd., Class A | 12900 | 24465 |
| &nbsp;&nbsp;&nbsp;&nbsp;CIMC Enric Holdings Ltd. | 60000 | 61990 |
| &nbsp;&nbsp;&nbsp;&nbsp;CITIC Ltd. | 209000 | 306707 |
| &nbsp;&nbsp;&nbsp;&nbsp;CMOC Group Ltd., Class H | 87000 | 175410 |
| &nbsp;&nbsp;&nbsp;&nbsp;CNGR Advanced Material Co. Ltd., Class A | 2520 | 17665 |
| &nbsp;&nbsp;&nbsp;&nbsp;CNNC Hua Yuan Titanium Dioxide Co. Ltd., Class A | 21460 | 17455 |
| &nbsp;&nbsp;&nbsp;&nbsp;CNOOC Energy Technology & Services Ltd., Class A | 62100 | 33499 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;CNSIG Inner Mongolia Chemical Industry Co. Ltd., Class A | 13650 | $14899 |
| &nbsp;&nbsp;&nbsp;&nbsp;COFCO Biotechnology Co. Ltd., Class A \* | 15100 | 12621 |
| &nbsp;&nbsp;&nbsp;&nbsp;COFCO Capital Holdings Co. Ltd., Class A | 11200 | 21067 |
| &nbsp;&nbsp;&nbsp;&nbsp;COFCO Joycome Foods Ltd. \*@ | 183000 | 42329 |
| &nbsp;&nbsp;&nbsp;&nbsp;COFCO Sugar Holding Co. Ltd., Class A | 15600 | 34954 |
| &nbsp;&nbsp;&nbsp;&nbsp;Concord New Energy Group Ltd. | 420000 | 21319 |
| &nbsp;&nbsp;&nbsp;&nbsp;Consun Pharmaceutical Group Ltd. | 23000 | 50481 |
| &nbsp;&nbsp;&nbsp;&nbsp;COSCO Shipping Development Co. Ltd., Class H | 324200 | 47493 |
| &nbsp;&nbsp;&nbsp;&nbsp;COSCO Shipping Energy Transportation Co. Ltd., Class H @ | 86000 | 99682 |
| &nbsp;&nbsp;&nbsp;&nbsp;COSCO Shipping Holdings Co. Ltd., Class H @ | 223699 | 348113 |
| &nbsp;&nbsp;&nbsp;&nbsp;COSCO SHIPPING International Hong Kong Co. Ltd. | 34000 | 25297 |
| &nbsp;&nbsp;&nbsp;&nbsp;COSCO SHIPPING Ports Ltd. | 135886 | 99357 |
| &nbsp;&nbsp;&nbsp;&nbsp;COSCO SHIPPING Specialized Carriers Co. Ltd., Class A | 24600 | 23050 |
| &nbsp;&nbsp;&nbsp;&nbsp;CRRC Corp. Ltd., Class H | 177000 | 136470 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSG Holding Co. Ltd., Class A | 19500 | 12683 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSPC Pharmaceutical Group Ltd. | 302000 | 363629 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSSC Hong Kong Shipping Co. Ltd. | 70000 | 16641 |
| &nbsp;&nbsp;&nbsp;&nbsp;CTS International Logistics Corp. Ltd., Class A | 11000 | 9225 |
| &nbsp;&nbsp;&nbsp;&nbsp;Daqin Railway Co. Ltd., Class A | 85800 | 70993 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dian Diagnostics Group Co. Ltd., Class A | 4800 | 11045 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dongfang Electric Corp. Ltd., Class H | 21000 | 44823 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dongxing Securities Co. Ltd., Class A | 12000 | 19538 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dongyue Group Ltd. | 104000 | 162242 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dynagreen Environmental Protection Group Co. Ltd., Class H | 16000 | 10794 |
| &nbsp;&nbsp;&nbsp;&nbsp;E-Commodities Holdings Ltd. | 94000 | 10509 |
| &nbsp;&nbsp;&nbsp;&nbsp;Easyhome New Retail Group Co. Ltd., Class A \* | 51400 | 20796 |
| &nbsp;&nbsp;&nbsp;&nbsp;EEKA Fashion Holdings Ltd. | 17500 | 16978 |
| &nbsp;&nbsp;&nbsp;&nbsp;ENN Natural Gas Co. Ltd., Class A | 8100 | 20459 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ever Sunshine Services Group Ltd. | 42000 | 9769 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fangda Carbon New Material Co. Ltd., Class A | 15700 | 11513 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fangda Special Steel Technology Co. Ltd., Class A | 19000 | 14467 |
| &nbsp;&nbsp;&nbsp;&nbsp;Far East Horizon Ltd. | 187000 | 165086 |
| &nbsp;&nbsp;&nbsp;&nbsp;FAW Jiefang Group Co. Ltd., Class A | 14900 | 14673 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fiberhome Telecommunication Technologies Co. Ltd., Class A | 5800 | 22366 |
| &nbsp;&nbsp;&nbsp;&nbsp;FIH Mobile Ltd. \* | 16500 | 37190 |
| &nbsp;&nbsp;&nbsp;&nbsp;FinVolution Group, ADR | 3837 | 28279 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Tractor Co. Ltd., Class H @ | 12000 | 10887 |
| &nbsp;&nbsp;&nbsp;&nbsp;Flat Glass Group Co. Ltd., Class H @ | 15000 | 21897 |
| &nbsp;&nbsp;&nbsp;&nbsp;Founder Securities Co. Ltd., Class A | 23800 | 27215 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fu Shou Yuan International Group Ltd. @ | 93000 | 34060 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fufeng Group Ltd. | 153000 | 172229 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fujian Funeng Co. Ltd., Class A | 18330 | 25312 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fujian Sunner Development Co. Ltd., Class A | 9800 | 24822 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ganfeng Lithium Group Co. Ltd., Class H @± | 12000 | 66523 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gansu Energy Chemical Co. Ltd., Class A | 56900 | 19983 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gansu Shangfeng Cement Co. Ltd., Class A | 6240 | 9660 |
| &nbsp;&nbsp;&nbsp;&nbsp;GCL Energy Technology Co. Ltd., Class A | 4200 | 6998 |
| &nbsp;&nbsp;&nbsp;&nbsp;GCL Technology Holdings Ltd. \*@ | 395000 | 66494 |
| &nbsp;&nbsp;&nbsp;&nbsp;GDS Holdings Ltd., Class A \* | 5500 | 28327 |
| &nbsp;&nbsp;&nbsp;&nbsp;Geely Automobile Holdings Ltd. | 237000 | 595397 |
| &nbsp;&nbsp;&nbsp;&nbsp;GEM Co. Ltd., Class A | 33500 | 39625 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA Emerging Markets Value Fund**

PORTFOLIO OF INVESTMENTS — AS OF SEPTEMBER 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***China (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gemdale Corp., Class A \* | 19200 | $11706 |
| &nbsp;&nbsp;&nbsp;&nbsp;Genertec Universal Medical Group Co. Ltd. ± | 75500 | 58891 |
| &nbsp;&nbsp;&nbsp;&nbsp;GF Securities Co. Ltd., Class H | 48000 | 125213 |
| &nbsp;&nbsp;&nbsp;&nbsp;Global New Material International Holdings Ltd. \*@ | 25000 | 14971 |
| &nbsp;&nbsp;&nbsp;&nbsp;GoerTek, Inc., Class A | 12100 | 63743 |
| &nbsp;&nbsp;&nbsp;&nbsp;Goldwind Science & Technology Co. Ltd., Class H | 47800 | 85994 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gotion High-tech Co. Ltd., Class A | 5100 | 33444 |
| &nbsp;&nbsp;&nbsp;&nbsp;Grand Pharmaceutical Group Ltd. | 88500 | 96893 |
| &nbsp;&nbsp;&nbsp;&nbsp;Great Wall Motor Co. Ltd., Class H | 87500 | 188899 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gree Electric Appliances, Inc. of Zhuhai, Class A | 12300 | 68632 |
| &nbsp;&nbsp;&nbsp;&nbsp;Greentown China Holdings Ltd. @ | 78500 | 95831 |
| &nbsp;&nbsp;&nbsp;&nbsp;Greentown Management Holdings Co. Ltd. @± | 61000 | 24770 |
| &nbsp;&nbsp;&nbsp;&nbsp;Greentown Service Group Co. Ltd. | 102000 | 65667 |
| &nbsp;&nbsp;&nbsp;&nbsp;GRG Banking Equipment Co. Ltd., Class A | 12500 | 24373 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guangdong Construction Engineering Group Co. Ltd., Class A | 42300 | 22640 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guangdong Provincial Expressway Development Co. Ltd., Class A | 12700 | 19429 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guangdong Tapai Group Co. Ltd., Class A | 9300 | 11445 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guangdong Xinbao Electrical Appliances Holdings Co. Ltd., Class A | 4200 | 9275 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guanghui Energy Co. Ltd., Class A | 48700 | 34481 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guangshen Railway Co. Ltd., Class H | 82000 | 26343 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guangxi Liugong Machinery Co. Ltd., Class A | 14900 | 23150 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guangzhou Automobile Group Co. Ltd., Class H @ | 48000 | 20972 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guangzhou Baiyun International Airport Co. Ltd., Class A | 8300 | 11054 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., Class H @ | 16000 | 37440 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guangzhou Shiyuan Electronic Technology Co. Ltd., Class A | 4100 | 22924 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guangzhou Yuexiu Capital Holdings Group Co. Ltd., Class A | 18042 | 19845 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guizhou Panjiang Refined Coal Co. Ltd., Class A | 9269 | 7018 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guizhou Xinbang Pharmaceutical Co. Ltd., Class A | 32400 | 17296 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guosen Securities Co. Ltd., Class A | 22400 | 42576 |
| &nbsp;&nbsp;&nbsp;&nbsp;Guotai Haitong Securities Co. Ltd., Class H ± | 105152 | 217007 |
| &nbsp;&nbsp;&nbsp;&nbsp;Haier Smart Home Co. Ltd., Class H | 144600 | 470854 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hainan Meilan International Airport Co. Ltd., Class H \*@ | 23000 | 31181 |
| &nbsp;&nbsp;&nbsp;&nbsp;Haitian International Holdings Ltd. | 38000 | 104694 |
| &nbsp;&nbsp;&nbsp;&nbsp;Han's Laser Technology Industry Group Co. Ltd., Class A | 3000 | 17157 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hangzhou Binjiang Real Estate Group Co. Ltd., Class A | 22900 | 40373 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hangzhou GreatStar Industrial Co. Ltd. | 4400 | 19019 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hangzhou Robam Appliances Co. Ltd., Class A | 2900 | 7773 |
| &nbsp;&nbsp;&nbsp;&nbsp;Harbin Electric Co. Ltd., Class H | 74000 | 112018 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Health & Happiness H&H International Holdings Ltd. | 18500 | $31333 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hello Group, Inc., ADR | 7107 | 52734 |
| &nbsp;&nbsp;&nbsp;&nbsp;Henan Mingtai Al Industrial Co. Ltd., Class A | 8400 | 17004 |
| &nbsp;&nbsp;&nbsp;&nbsp;Henan Pinggao Electric Co. Ltd., Class A | 9400 | 22158 |
| &nbsp;&nbsp;&nbsp;&nbsp;Henan Shenhuo Coal Industry & Electricity Power Co. Ltd., Class A | 8500 | 23894 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hengan International Group Co. Ltd. | 42000 | 137086 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hengli Petrochemical Co. Ltd., Class A | 35500 | 85478 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hengtong Optic-electric Co. Ltd., Class A | 9680 | 31236 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hengyi Petrochemical Co. Ltd., Class A | 25000 | 23074 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hesteel Co. Ltd., Class A | 65500 | 23372 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hisense Visual Technology Co. Ltd., Class A | 8800 | 29818 |
| &nbsp;&nbsp;&nbsp;&nbsp;HLA Group Corp. Ltd., Class A | 24000 | 21814 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hopson Development Holdings Ltd. \* | 101900 | 45176 |
| &nbsp;&nbsp;&nbsp;&nbsp;Horizon Construction Development Ltd. | 115553 | 18413 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hoshine Silicon Industry Co. Ltd., Class A | 4200 | 29176 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hua Han Health Industry Holdings Ltd. \*§ | 504000 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Hua Hong Semiconductor Ltd., Class H \*@± | 30000 | 308406 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huafon Chemical Co. Ltd., Class A | 27754 | 35558 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huaibei Mining Holdings Co. Ltd., Class A | 10400 | 18014 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huapont Life Sciences Co. Ltd., Class A | 27600 | 17641 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huatai Securities Co. Ltd., Class H ± | 46400 | 122709 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huaxi Securities Co. Ltd., Class A | 12600 | 18178 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huaxia Bank Co. Ltd., Class A | 43300 | 40025 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huaxin Cement Co. Ltd., Class A | 7000 | 18192 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huaxin Cement Co. Ltd., Class H | 17700 | 35687 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huayu Automotive Systems Co. Ltd., Class A | 17500 | 50397 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hubei Jumpcan Pharmaceutical Co. Ltd., Class A | 4400 | 15032 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hubei Xingfa Chemicals Group Co. Ltd., Class A | 9400 | 37199 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hubei Yihua Chemical Industry Co. Ltd., Class A | 12200 | 25228 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huitongda Network Co. Ltd., Class H \*@± | 2800 | 5901 |
| &nbsp;&nbsp;&nbsp;&nbsp;Humanwell Healthcare Group Co. Ltd., Class A | 9700 | 28725 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hunan Valin Steel Co. Ltd., Class A | 47300 | 43124 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hygeia Healthcare Holdings Co. Ltd. \*@± | 22400 | 41191 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hytera Communications Corp. Ltd., Class A \* | 11800 | 19113 |
| &nbsp;&nbsp;&nbsp;&nbsp;IKD Co. Ltd., Class A | 7100 | 22671 |
| &nbsp;&nbsp;&nbsp;&nbsp;Industrial & Commercial Bank of China Ltd., Class H | 3410000 | 2515231 |
| &nbsp;&nbsp;&nbsp;&nbsp;Industrial Bank Co. Ltd., Class A | 81100 | 226150 |
| &nbsp;&nbsp;&nbsp;&nbsp;Industrial Securities Co. Ltd., Class A | 28910 | 26561 |
| &nbsp;&nbsp;&nbsp;&nbsp;Infore Environment Technology Group Co. Ltd., Class A | 12400 | 12525 |
| &nbsp;&nbsp;&nbsp;&nbsp;Inner Mongolia BaoTou Steel Union Co. Ltd., Class A | 169960 | 56825 |
| &nbsp;&nbsp;&nbsp;&nbsp;Inner Mongolia Berun Chemical Co. Ltd., Class A | 34700 | 30954 |
| &nbsp;&nbsp;&nbsp;&nbsp;Inner Mongolia Dian Tou Energy Corp. Ltd., Class A | 12000 | 38048 |
| &nbsp;&nbsp;&nbsp;&nbsp;Inner Mongolia ERDOS Resources Co. Ltd., Class A | 11760 | 16818 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA Emerging Markets Value Fund**

PORTFOLIO OF INVESTMENTS — AS OF SEPTEMBER 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***China (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Inner Mongolia Junzheng Energy & Chemical Industry Group Co. Ltd., Class A | 55300 | $40629 |
| &nbsp;&nbsp;&nbsp;&nbsp;Intco Medical Technology Co. Ltd., Class A | 5700 | 29419 |
| &nbsp;&nbsp;&nbsp;&nbsp;iQIYI, Inc., ADR \*@ | 31465 | 80550 |
| &nbsp;&nbsp;&nbsp;&nbsp;IRICO Display Devices Co. Ltd., Class A \* | 22000 | 18203 |
| &nbsp;&nbsp;&nbsp;&nbsp;JA Solar Technology Co. Ltd., Class A \* | 14800 | 27319 |
| &nbsp;&nbsp;&nbsp;&nbsp;JCET Group Co. Ltd., Class A | 5195 | 32177 |
| &nbsp;&nbsp;&nbsp;&nbsp;JD Health International, Inc. \*± | 25700 | 219617 |
| &nbsp;&nbsp;&nbsp;&nbsp;JD Logistics, Inc. \*± | 121400 | 204363 |
| &nbsp;&nbsp;&nbsp;&nbsp;JD.com, Inc., Class A | 149800 | 2666080 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jiangsu Changshu Rural Commercial Bank Co. Ltd., Class A | 24442 | 23486 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jiangsu Eastern Shenghong Co. Ltd., Class A \* | 29100 | 38877 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jiangsu Guotai International Group Co. Ltd., Class A | 10400 | 13353 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jiangsu Jiangyin Rural Commercial Bank Co. Ltd., Class A | 34700 | 21692 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jiangsu Lihua Foods Group Co. Ltd. | 4320 | 13175 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jiangsu Phoenix Publishing & Media Corp. Ltd., Class A | 14700 | 21724 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jiangsu Provincial Agricultural Reclamation & Development Corp., Class A | 14300 | 18843 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jiangsu Yanghe Distillery Co. Ltd., Class A | 4400 | 41995 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jiangsu Zhangjiagang Rural Commercial Bank Co. Ltd., Class A | 27840 | 16817 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jiangsu Zhongtian Technology Co. Ltd., Class A | 11500 | 30566 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jiangxi Copper Co. Ltd., Class H | 70000 | 274353 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jilin Aodong Pharmaceutical Group Co. Ltd., Class A | 7300 | 20520 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jinan Acetate Chemical Co. Ltd. | 19000 | 39274 |
| &nbsp;&nbsp;&nbsp;&nbsp;JinkoSolar Holding Co. Ltd., ADR @ | 2327 | 55918 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jinneng Holding Shanxi Coal Industry Co. Ltd., Class A | 15000 | 28995 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jinneng Science&Technology Co. Ltd., Class A | 10600 | 10141 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jinxin Fertility Group Ltd. \*@± | 154500 | 56781 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jiumaojiu International Holdings Ltd. @± | 74000 | 19874 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jizhong Energy Resources Co. Ltd., Class A | 21200 | 17541 |
| &nbsp;&nbsp;&nbsp;&nbsp;Joincare Pharmaceutical Group Industry Co. Ltd., Class A | 18700 | 32785 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jointown Pharmaceutical Group Co. Ltd., Class A | 28792 | 19617 |
| &nbsp;&nbsp;&nbsp;&nbsp;Keda Industrial Group Co. Ltd., Class A | 18900 | 32472 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kinetic Development Group Ltd. @ | 104000 | 17507 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kingboard Holdings Ltd. | 59000 | 209557 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kingfa Sci & Tech Co. Ltd., Class A | 13400 | 39512 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kunlun Energy Co. Ltd. | 354000 | 316610 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lao Feng Xiang Co. Ltd., Class A | 2700 | 18995 |
| &nbsp;&nbsp;&nbsp;&nbsp;LB Group Co. Ltd., Class A | 11200 | 30618 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lee & Man Paper Manufacturing Ltd. | 70000 | 25456 |
| &nbsp;&nbsp;&nbsp;&nbsp;Legend Holdings Corp., Class H \*± | 38400 | 56500 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lenovo Group Ltd. | 142000 | 210757 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lens Technology Co. Ltd., Class A | 14740 | 69326 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lepu Medical Technology Beijing Co. Ltd., Class A | 14700 | 36180 |
| &nbsp;&nbsp;&nbsp;&nbsp;LexinFintech Holdings Ltd., ADR | 7280 | 38802 |
| &nbsp;&nbsp;&nbsp;&nbsp;Leyard Optoelectronic Co. Ltd., Class A | 20300 | 20618 |
| &nbsp;&nbsp;&nbsp;&nbsp;Li Auto, Inc., Class A \*@ | 19400 | 252785 |
| &nbsp;&nbsp;&nbsp;&nbsp;Li Ning Co. Ltd. | 157500 | 357018 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lianhe Chemical Technology Co. Ltd., Class A | 6700 | 10316 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Livzon Pharmaceutical Group, Inc., Class H | 6800 | $30252 |
| &nbsp;&nbsp;&nbsp;&nbsp;Loncin Motor Co. Ltd., Class A | 10000 | 16886 |
| &nbsp;&nbsp;&nbsp;&nbsp;Longfor Group Holdings Ltd. @± | 136925 | 209031 |
| &nbsp;&nbsp;&nbsp;&nbsp;LONGi Green Energy Technology Co. Ltd., Class A \* | 24500 | 61952 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lonking Holdings Ltd. | 158000 | 60504 |
| &nbsp;&nbsp;&nbsp;&nbsp;Luenmei Quantum Co. Ltd., Class A | 13300 | 16909 |
| &nbsp;&nbsp;&nbsp;&nbsp;Luxi Chemical Group Co. Ltd., Class A | 8600 | 17542 |
| &nbsp;&nbsp;&nbsp;&nbsp;Luye Pharma Group Ltd. \*@± | 161500 | 70768 |
| &nbsp;&nbsp;&nbsp;&nbsp;Maccura Biotechnology Co. Ltd., Class A | 3800 | 6208 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mango Excellent Media Co. Ltd., Class A | 8800 | 44207 |
| &nbsp;&nbsp;&nbsp;&nbsp;Maoyan Entertainment @± | 22130 | 22693 |
| &nbsp;&nbsp;&nbsp;&nbsp;Metallurgical Corp. of China Ltd., Class H | 225000 | 78354 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ming Yang Smart Energy Group Ltd., Class A | 6800 | 15437 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mingfa Group International Co. Ltd. \* | 91000 | 1520 |
| &nbsp;&nbsp;&nbsp;&nbsp;Minth Group Ltd. | 56000 | 243373 |
| &nbsp;&nbsp;&nbsp;&nbsp;MLS Co. Ltd., Class A | 20000 | 25652 |
| &nbsp;&nbsp;&nbsp;&nbsp;MMG Ltd. \*@ | 186400 | 161682 |
| &nbsp;&nbsp;&nbsp;&nbsp;Morimatsu International Holdings Co. Ltd. @ | 30000 | 42367 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nanjing Iron & Steel Co. Ltd., Class A | 36600 | 26993 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nanjing Tanker Corp., Class A \* | 42600 | 18193 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nanjing Xinjiekou Department Store Co. Ltd., Class A | 6900 | 7086 |
| &nbsp;&nbsp;&nbsp;&nbsp;NetDragon Websoft Holdings Ltd. | 25500 | 50725 |
| &nbsp;&nbsp;&nbsp;&nbsp;New China Life Insurance Co. Ltd., Class H | 4100 | 24320 |
| &nbsp;&nbsp;&nbsp;&nbsp;New Hope Liuhe Co. Ltd., Class A | 13600 | 18723 |
| &nbsp;&nbsp;&nbsp;&nbsp;Newland Digital Technology Co. Ltd., Class A | 2500 | 10381 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nexteer Automotive Group Ltd. | 69000 | 75721 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nine Dragons Paper Holdings Ltd. \* | 109000 | 76897 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ningbo Huaxiang Electronic Co. Ltd., Class A | 8950 | 48657 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ningbo Joyson Electronic Corp., Class A | 5200 | 25436 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ningbo Shanshan Co. Ltd., Class A \* | 16300 | 36408 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ningbo Zhoushan Port Co. Ltd., Class A | 33200 | 17023 |
| &nbsp;&nbsp;&nbsp;&nbsp;Noah Holdings Ltd., ADR | 2147 | 24884 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northeast Securities Co. Ltd., Class A | 8500 | 10353 |
| &nbsp;&nbsp;&nbsp;&nbsp;Offshore Oil Engineering Co. Ltd., Class A | 27400 | 20400 |
| &nbsp;&nbsp;&nbsp;&nbsp;Onewo, Inc., Class H | 10700 | 33439 |
| &nbsp;&nbsp;&nbsp;&nbsp;ORG Technology Co. Ltd., Class A | 26800 | 20368 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oriental Energy Co. Ltd., Class A \* | 11300 | 13668 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oriental Pearl Group Co. Ltd., Class A | 10700 | 15497 |
| &nbsp;&nbsp;&nbsp;&nbsp;People's Insurance Co. Group of China Ltd. (The), Class H | 371000 | 324663 |
| &nbsp;&nbsp;&nbsp;&nbsp;PetroChina Co. Ltd., Class H | 1710000 | 1555754 |
| &nbsp;&nbsp;&nbsp;&nbsp;PICC Property & Casualty Co. Ltd., Class H | 150000 | 338476 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ping An Bank Co. Ltd., Class A | 42300 | 67386 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ping An Insurance Group Co. of China Ltd., Class H | 364000 | 2481409 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pingdingshan Tianan Coal Mining Co. Ltd., Class A | 15900 | 17601 |
| &nbsp;&nbsp;&nbsp;&nbsp;Poly Property Group Co. Ltd. | 106431 | 23934 |
| &nbsp;&nbsp;&nbsp;&nbsp;Poly Property Services Co. Ltd., Class H | 10200 | 45639 |
| &nbsp;&nbsp;&nbsp;&nbsp;Postal Savings Bank of China Co. Ltd., Class H ± | 571000 | 400627 |
| &nbsp;&nbsp;&nbsp;&nbsp;Power Construction Corp. of China Ltd., Class A | 84900 | 66551 |
| &nbsp;&nbsp;&nbsp;&nbsp;Q Technology Group Co. Ltd. | 27000 | 58185 |
| &nbsp;&nbsp;&nbsp;&nbsp;Qingdao Hanhe Cable Co. Ltd., Class A | 35800 | 18105 |
| &nbsp;&nbsp;&nbsp;&nbsp;Qingdao Port International Co. Ltd. Class H ± | 56000 | 51884 |
| &nbsp;&nbsp;&nbsp;&nbsp;Qingdao Sentury Tire Co. Ltd., Class A | 7900 | 21352 |
| &nbsp;&nbsp;&nbsp;&nbsp;Qinhuangdao Port Co. Ltd., Class H | 43000 | 15527 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA Emerging Markets Value Fund**

PORTFOLIO OF INVESTMENTS — AS OF SEPTEMBER 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***China (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Renhe Pharmacy Co. Ltd., Class A | 19700 | $16688 |
| &nbsp;&nbsp;&nbsp;&nbsp;Risen Energy Co. Ltd., Class A \* | 6400 | 9413 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rongsheng Petrochemical Co. Ltd., Class A | 43309 | 58711 |
| &nbsp;&nbsp;&nbsp;&nbsp;SAIC Motor Corp. Ltd., Class A | 29700 | 71429 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sailun Group Co. Ltd., Class A | 11500 | 23231 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sanan Optoelectronics Co. Ltd., Class A | 11300 | 24732 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sansteel Minguang Co. Ltd. Fujian, Class A \* | 13700 | 8025 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sansure Biotech, Inc., Class A | 3333 | 9912 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sany Heavy Equipment International Holdings Co. Ltd. | 64000 | 66862 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sany Heavy Industry Co. Ltd., Class A | 11000 | 35912 |
| &nbsp;&nbsp;&nbsp;&nbsp;Satellite Chemical Co. Ltd., Class A | 8826 | 23979 |
| &nbsp;&nbsp;&nbsp;&nbsp;SDIC Capital Co. Ltd., Class A | 20400 | 22611 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sealand Securities Co. Ltd., Class A | 24800 | 15852 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seazen Group Ltd. \* | 72000 | 23686 |
| &nbsp;&nbsp;&nbsp;&nbsp;Seazen Holdings Co. Ltd., Class A \* | 13800 | 31503 |
| &nbsp;&nbsp;&nbsp;&nbsp;SF Holding Co. Ltd., Class A | 8300 | 47024 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shaanxi Coal Industry Co. Ltd., Class A | 39837 | 111926 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shaanxi Construction Engineering Group Corp. Ltd., Class A | 31000 | 16723 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shan Xi Hua Yang Group New Energy Co. Ltd., Class A | 32400 | 33545 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shandong Buchang Pharmaceuticals Co. Ltd., Class A | 9200 | 23354 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shandong Hi-Speed Road & Bridge Group Co. Ltd., Class A | 20600 | 17740 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shandong Hualu Hengsheng Chemical Co. Ltd., Class A | 12310 | 46017 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shandong Humon Smelting Co. Ltd., Class A | 10800 | 22712 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shandong Linglong Tyre Co. Ltd., Class A | 7700 | 16593 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shandong Nanshan Aluminum Co. Ltd., Class A | 37900 | 21084 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shandong Publishing & Media Co. Ltd., Class A | 13000 | 13989 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shandong Sun Paper Industry JSC Ltd., Class A | 16800 | 33725 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shandong Weigao Group Medical Polymer Co. Ltd., Class H | 153600 | 114678 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanghai AJ Group Co. Ltd., Class A \* | 16900 | 13295 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanghai Bailian Group Co. Ltd., Class A | 15600 | 19680 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanghai Construction Group Co. Ltd., Class A | 55900 | 23166 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanghai Electric Group Co. Ltd., Class H \* | 60000 | 31457 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanghai Environment Group Co. Ltd., Class A | 13920 | 15585 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H @ | 24000 | 79507 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanghai Industrial Holdings Ltd. | 45000 | 79106 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanghai Jinjiang International Hotels Co. Ltd., Class A | 7900 | 25581 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanghai Lingang Holdings Corp. Ltd., Class A | 8760 | 14152 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd., Class A | 13500 | 16386 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanghai Mechanical and Electrical Industry Co. Ltd., Class A | 7100 | 27459 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanghai Pharmaceuticals Holding Co. Ltd., Class H | 38600 | $60911 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanghai Pudong Development Bank Co. Ltd., Class A | 118900 | 198767 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanghai Putailai New Energy Technology Co. Ltd., Class A | 8900 | 38658 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanghai RAAS Blood Products Co. Ltd., Class A | 37200 | 34961 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanghai Rural Commercial Bank Co. Ltd., Class A | 9600 | 11032 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanghai Tunnel Engineering Co. Ltd., Class A | 25600 | 23016 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanghai Yuyuan Tourist Mart Group Co. Ltd., Class A | 18000 | 14565 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanghai Zhonggu Logistics Co. Ltd., Class A | 9300 | 14227 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanxi Coal International Energy Group Co. Ltd., Class A | 11800 | 16229 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanxi Coking Coal Energy Group Co. Ltd., Class A | 39900 | 38956 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanxi Lanhua Sci-Tech Venture Co. Ltd., Class A | 16700 | 15390 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanxi Lu'an Environmental Energy Development Co. Ltd., Class A | 26900 | 53812 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanxi Meijin Energy Co. Ltd., Class A \* | 31400 | 20820 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanxi Securities Co. Ltd., Class A | 24700 | 22450 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanxi Taigang Stainless Steel Co. Ltd., Class A \* | 34300 | 19274 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shenwan Hongyuan Group Co. Ltd., Class H ± | 43200 | 19929 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shenzhen Agricultural Power Group Co. Ltd., Class A | 15600 | 17576 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shenzhen Airport Co. Ltd., Class A | 16200 | 15817 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shenzhen Aisidi Co. Ltd., Class A | 14200 | 24337 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shenzhen Gas Corp. Ltd., Class A | 22300 | 20738 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shenzhen Hepalink Pharmaceutical Group Co. Ltd., Class H ± | 5500 | 3887 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shenzhen International Holdings Ltd. | 116804 | 117225 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shenzhen Jinjia Group Co. Ltd., Class A \* | 10602 | 6762 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shenzhen Kaifa Technology Co. Ltd., Class A | 5900 | 23100 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shenzhen Kangtai Biological Products Co. Ltd., Class A | 8900 | 20992 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shenzhen Kinwong Electronic Co. Ltd., Class A | 3200 | 28307 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shenzhen MTC Co. Ltd., Class A | 42300 | 39338 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shenzhen Neptunus Bioengineering Co. Ltd., Class A \* | 28200 | 9864 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shenzhen Overseas Chinese Town Co. Ltd., Class A \* | 43200 | 16082 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shenzhen Tagen Group Co. Ltd., Class A | 25000 | 12713 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shenzhen Yan Tian Port Holding Co. Ltd., Class A | 28200 | 17550 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shenzhen YUTO Packaging Technology Co. Ltd., Class A | 4900 | 18854 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shenzhen Zhongjin Lingnan Nonfemet Co. Ltd., Class A | 31900 | 25543 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shenzhou International Group Holdings Ltd. | 13900 | 110118 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shoucheng Holdings Ltd. @ | 58400 | 18911 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shougang Fushan Resources Group Ltd. | 193116 | 70477 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shui On Land Ltd. | 183500 | 17449 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA Emerging Markets Value Fund**

PORTFOLIO OF INVESTMENTS — AS OF SEPTEMBER 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***China (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sichuan Hebang Biotechnology Co. Ltd., Class A | 84300 | $24632 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sichuan Kelun Pharmaceutical Co. Ltd., Class A | 3600 | 18575 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sichuan Road & Bridge Group Co. Ltd., Class A | 28840 | 32776 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sichuan Yahua Industrial Group Co. Ltd., Class A | 8400 | 17547 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sihuan Pharmaceutical Holdings Group Ltd. @ | 98000 | 20275 |
| &nbsp;&nbsp;&nbsp;&nbsp;Silergy Corp. | 7000 | 59256 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sinofert Holdings Ltd. | 244000 | 43896 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sinoma International Engineering Co., Class A | 14600 | 18315 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sinomine Resource Group Co. Ltd., Class A | 1300 | 9040 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sinopec Engineering Group Co. Ltd., Class H | 111000 | 96423 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sinopec Kantons Holdings Ltd. | 44000 | 24878 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sinopec Shanghai Petrochemical Co. Ltd., Class H | 178000 | 31108 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sinopharm Group Co. Ltd., Class H | 109600 | 258298 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sinotrans Ltd., Class H | 145000 | 90742 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sinotruk Hong Kong Ltd. | 49000 | 144570 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sinotruk Jinan Truck Co. Ltd., Class A | 2800 | 6769 |
| &nbsp;&nbsp;&nbsp;&nbsp;SooChow Securities Co. Ltd., Class A | 20280 | 27920 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southern Publishing & Media Co. Ltd., Class A | 10300 | 19013 |
| &nbsp;&nbsp;&nbsp;&nbsp;STO Express Co. Ltd., Class A | 15900 | 39982 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sun Art Retail Group Ltd. @ | 172500 | 41452 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sun King Technology Group Ltd. | 54000 | 13462 |
| &nbsp;&nbsp;&nbsp;&nbsp;Suning Universal Co. Ltd., Class A | 32100 | 11770 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sunshine Lake Pharma Co. Ltd. \*@ | 6748 | 43010 |
| &nbsp;&nbsp;&nbsp;&nbsp;Suzhou Anjie Technology Co. Ltd., Class A | 1100 | 2290 |
| &nbsp;&nbsp;&nbsp;&nbsp;Suzhou Dongshan Precision Manufacturing Co. Ltd., Class A | 4500 | 45199 |
| &nbsp;&nbsp;&nbsp;&nbsp;TangShan Port Group Co. Ltd., Class A | 55900 | 29919 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tangshan Sanyou Chemical Industries Co. Ltd., Class A | 11600 | 9174 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tasly Pharmaceutical Group Co. Ltd., Class A | 9600 | 21308 |
| &nbsp;&nbsp;&nbsp;&nbsp;TBEA Co. Ltd., Class A | 27300 | 68265 |
| &nbsp;&nbsp;&nbsp;&nbsp;TCL Electronics Holdings Ltd. | 50667 | 68364 |
| &nbsp;&nbsp;&nbsp;&nbsp;TCL Technology Group Corp., Class A | 78540 | 47554 |
| &nbsp;&nbsp;&nbsp;&nbsp;TCL Zhonghuan Renewable Energy Technology Co. Ltd., Class A \* | 16000 | 20341 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tian Di Science & Technology Co. Ltd., Class A | 40500 | 33738 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tiangong International Co. Ltd. @ | 100000 | 34182 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tianjin Chase Sun Pharmaceutical Co. Ltd., Class A | 30700 | 15914 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tianma Microelectronics Co. Ltd., Class A \* | 15500 | 21600 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tianneng Power International Ltd. @ | 74000 | 92715 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tianqi Lithium Corp., Class H \*@ | 5400 | 31184 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tianshan Aluminum Group Co. Ltd., Class A | 18200 | 29633 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tianshui Huatian Technology Co. Ltd., Class A <> | 9400 | 15556 |
| &nbsp;&nbsp;&nbsp;&nbsp;Titan Wind Energy Suzhou Co. Ltd., Class A | 8800 | 10149 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tofflon Science & Technology Group Co. Ltd., Class A | 3500 | 7006 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tomson Group Ltd. | 1426 | 519 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Tong Ren Tang Technologies Co. Ltd., Class H @ | 41000 | $25079 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tongcheng Travel Holdings Ltd. | 16000 | 47289 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tongkun Group Co. Ltd., Class A | 11100 | 23405 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tongling Nonferrous Metals Group Co. Ltd., Class A | 49000 | 36896 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tongyu Heavy Industry Co. Ltd., Class A | 40800 | 18169 |
| &nbsp;&nbsp;&nbsp;&nbsp;Topsports International Holdings Ltd. ± | 141000 | 57256 |
| &nbsp;&nbsp;&nbsp;&nbsp;Transfar Zhilian Co. Ltd., Class A | 27553 | 24385 |
| &nbsp;&nbsp;&nbsp;&nbsp;TravelSky Technology Ltd., Class H | 49000 | 66870 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trina Solar Co. Ltd., Class A \* | 13541 | 33042 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trip.com Group Ltd., ADR | 6319 | 475189 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tsinghua Tongfang Co. Ltd., Class A \* | 20700 | 23583 |
| &nbsp;&nbsp;&nbsp;&nbsp;Universal Scientific Industrial Shanghai Co. Ltd., Class A | 10900 | 33488 |
| &nbsp;&nbsp;&nbsp;&nbsp;Venustech Group, Inc., Class A \* | 6700 | 14721 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vipshop Holdings Ltd., ADR | 22586 | 443589 |
| &nbsp;&nbsp;&nbsp;&nbsp;Viva Biotech Holdings \*± | 45500 | 15436 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vnet Group, Inc., ADR \*@ | 3580 | 36981 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wanhua Chemical Group Co. Ltd., Class A | 14300 | 133750 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wanxiang Qianchao Co. Ltd., Class A | 19900 | 35392 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wasion Holdings Ltd. | 48000 | 78212 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wasu Media Holding Co. Ltd., Class A | 20700 | 23351 |
| &nbsp;&nbsp;&nbsp;&nbsp;Weibo Corp., ADR | 2074 | 25718 |
| &nbsp;&nbsp;&nbsp;&nbsp;Weibo Corp., Class A | 2320 | 29962 |
| &nbsp;&nbsp;&nbsp;&nbsp;Weichai Power Co. Ltd., Class H | 124000 | 222284 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wellhope Foods Co. Ltd., Class A | 7700 | 8632 |
| &nbsp;&nbsp;&nbsp;&nbsp;West China Cement Ltd. | 198000 | 83709 |
| &nbsp;&nbsp;&nbsp;&nbsp;Western Securities Co. Ltd., Class A | 22600 | 27240 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wharf Holdings Ltd. (The) @ | 44000 | 125860 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wingtech Technology Co. Ltd., Class A \* | 3900 | 25465 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wuchan Zhongda Group Co. Ltd., Class A | 29100 | 24569 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wushang Group Co. Ltd., Class A | 12600 | 17205 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wuxi Biologics Cayman, Inc. \*± | 94500 | 497640 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wuxi Taiji Industry Ltd. Co., Class A | 21000 | 24014 |
| &nbsp;&nbsp;&nbsp;&nbsp;XCMG Construction Machinery Co. Ltd., Class A | 47400 | 76576 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xi'An Shaangu Power Co. Ltd., Class A | 19200 | 22684 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xiamen Bank Co. Ltd., Class A | 14900 | 13145 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xiamen C & D, Inc., Class A | 17600 | 25367 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xiamen ITG Group Corp. Ltd., Class A | 17300 | 15019 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xiamen Tungsten Co. Ltd., Class A | 7300 | 30355 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xiamen Xiangyu Co. Ltd., Class A | 22200 | 21862 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xiaomi Corp., Class B \*± | 4200 | 29144 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xinfengming Group Co. Ltd., Class A | 4000 | 9126 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xinhua Winshare Publishing and Media Co. Ltd., Class H | 18000 | 24819 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xinte Energy Co. Ltd., Class H \*@ | 22800 | 24230 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xinxing Ductile Iron Pipes Co. Ltd., Class A | 18100 | 9789 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xinyi Energy Holdings Ltd. @ | 219323 | 36075 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xinyi Solar Holdings Ltd. @ | 364000 | 160906 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xtep International Holdings Ltd. | 108430 | 81372 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xuji Electric Co. Ltd., Class A | 3400 | 12672 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yankuang Energy Group Co. Ltd., Class H @ | 192000 | 251166 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yantai Changyu Pioneer Wine Co. Ltd., Class A | 3700 | 11264 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yantai Jereh Oilfield Services Group Co. Ltd., Class A | 7300 | 57121 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yiren Digital Ltd., ADR | 4574 | 27124 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yixin Group Ltd. ± | 126500 | 44703 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yixintang Pharmaceutical Group Co. Ltd., Class A | 2800 | 5475 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yonfer Agricultural Technology Co. Ltd., Class A | 6900 | 13541 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA Emerging Markets Value Fund**

PORTFOLIO OF INVESTMENTS — AS OF SEPTEMBER 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***China (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;YongXing Special Materials Technology Co. Ltd., Class A | 2400 | $13068 |
| &nbsp;&nbsp;&nbsp;&nbsp;Youngor Fashion Co. Ltd., Class A | 11500 | 11971 |
| &nbsp;&nbsp;&nbsp;&nbsp;YTO Express Group Co. Ltd., Class A | 12500 | 32223 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yuexiu Services Group Ltd. | 32500 | 11067 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yum China Holdings, Inc. | 2126 | 91248 |
| &nbsp;&nbsp;&nbsp;&nbsp;YUNDA Holding Group Co. Ltd., Class A | 16500 | 17199 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yunnan Aluminium Co. Ltd., Class A | 18200 | 52669 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yunnan Baiyao Group Co. Ltd., Class A | 1960 | 15626 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yunnan Copper Co. Ltd., Class A | 8100 | 19890 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yunnan Energy New Material Co. Ltd., Class A \* | 5200 | 34114 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yunnan Tin Co. Ltd., Class A | 14600 | 47460 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhefu Holding Group Co. Ltd., Class A | 16400 | 9331 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhejiang Chint Electrics Co. Ltd., Class A | 13100 | 56515 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhejiang Dahua Technology Co. Ltd., Class A | 19700 | 55764 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhejiang Hailiang Co. Ltd., Class A | 19700 | 35977 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhejiang Huayou Cobalt Co. Ltd., Class A | 7300 | 67581 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhejiang Jiahua Energy Chemical Industry Co. Ltd., Class A | 9000 | 10646 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhejiang Jingsheng Mechanical & Electrical Co. Ltd., Class A | 5700 | 36441 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhejiang Jiuzhou Pharmaceutical Co. Ltd., Class A | 10800 | 29509 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhejiang Longsheng Group Co. Ltd., Class A | 19300 | 27031 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhejiang Medicine Co. Ltd., Class A | 10400 | 20702 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhejiang NHU Co. Ltd., Class A | 7900 | 26446 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhejiang Orient Financial Holdings Group Co. Ltd., Class A | 17420 | 15368 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhejiang Runtu Co. Ltd., Class A | 19400 | 19241 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhejiang Semir Garment Co. Ltd., Class A | 21700 | 17193 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhejiang Wanliyang Co. Ltd., Class A | 11400 | 15887 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhejiang Xinan Chemical Industrial Group Co. Ltd., Class A | 14980 | 22496 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zheshang Securities Co. Ltd., Class A | 13300 | 21542 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhongjin Gold Corp. Ltd., Class A | 10900 | 33580 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhongshan Broad Ocean Motor Co. Ltd., Class A | 22200 | 35927 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhongsheng Group Holdings Ltd. | 62500 | 117098 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhongtai Securities Co. Ltd., Class A | 15500 | 15133 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhou Hei Ya International Holdings Co. Ltd. ± | 54000 | 14156 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhuhai Huafa Properties Co. Ltd., Class A | 11600 | 9223 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhuzhou CRRC Times Electric Co. Ltd., Class H | 25600 | 140798 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhuzhou Kibing Group Co. Ltd., Class A | 10500 | 10591 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zibo Qixiang Tengda Chemical Co. Ltd., Class A | 14700 | 9954 |
| &nbsp;&nbsp;&nbsp;&nbsp;ZMJ Group Co. Ltd., Class H | 21400 | 64514 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zoomlion Heavy Industry Science & Technology Co. Ltd., Class H @ | 85800 | 80376 |
| &nbsp;&nbsp;&nbsp;&nbsp;ZTE Corp., Class H @ | 20600 | 93974 |
| &nbsp;&nbsp;&nbsp;&nbsp;ZTO Express Cayman, Inc. | 25450 | 482382 |
|  |  | 64648084 |
| ***Colombia — 0.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Corp. Financiera Colombiana SA \* | 19558 | 86704 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Grupo Argos SA | 23765 | $107536 |
| &nbsp;&nbsp;&nbsp;&nbsp;Grupo Cibest SA | 1036 | 53810 |
| &nbsp;&nbsp;&nbsp;&nbsp;Grupo de Inversiones Suramericana SA | 5605 | 62334 |
|  |  | 310384 |
| ***Czech Republic — 0.2%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;CEZ AS | 559 | 34697 |
| &nbsp;&nbsp;&nbsp;&nbsp;Komercni Banka AS | 6412 | 321302 |
|  |  | 355999 |
| ***Greece — 0.8%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alpha Bank SA | 151965 | 644790 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Greece | 859 | 15228 |
| &nbsp;&nbsp;&nbsp;&nbsp;GEK Terna SA | 1131 | 29664 |
| &nbsp;&nbsp;&nbsp;&nbsp;Helleniq Energy Holdings SA | 9060 | 89669 |
| &nbsp;&nbsp;&nbsp;&nbsp;Motor Oil Hellas Corinth Refineries SA | 5094 | 153463 |
| &nbsp;&nbsp;&nbsp;&nbsp;Piraeus Financial Holdings SA | 85014 | 720035 |
|  |  | 1652849 |
| ***Hong Kong — 0.2%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;BOC Aviation Ltd. ± | 10700 | 95698 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Zhongwang Holdings Ltd. @\*§ | 154000 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Comba Telecom Systems Holdings Ltd. | 88000 | 35960 |
| &nbsp;&nbsp;&nbsp;&nbsp;CTEG @\*§ | 98000 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Damai Entertainment Holdings Ltd. \*@ | 430000 | 59124 |
| &nbsp;&nbsp;&nbsp;&nbsp;J&T Global Express Ltd. \* | 16200 | 20360 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jinmao Property Services Co. Ltd. | 6646 | 2494 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kingboard Laminates Holdings Ltd. | 42000 | 66546 |
| &nbsp;&nbsp;&nbsp;&nbsp;LK Technology Holdings Ltd. @ | 42500 | 26488 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lumena New Materials \*§ | 5599 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Orient Overseas International Ltd. | 7000 | 113609 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sino Biopharmaceutical Ltd. | 24000 | 25104 |
| &nbsp;&nbsp;&nbsp;&nbsp;Skyworth Group Ltd. \*@ | 30000 | 17733 |
| &nbsp;&nbsp;&nbsp;&nbsp;SSY Group Ltd. @ | 46000 | 17261 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yuexiu Property Co. Ltd. @ | 46006 | 30801 |
|  |  | 511178 |
| ***Hungary — 0.2%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;MOL Hungarian Oil & Gas PLC | 35861 | 291264 |
| &nbsp;&nbsp;&nbsp;&nbsp;OTP Bank Nyrt | 707 | 61062 |
|  |  | 352326 |
| ***India — 18.9%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Aarti Drugs Ltd. | 1688 | 9230 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aarti Pharmalabs Ltd. | 2707 | 25397 |
| &nbsp;&nbsp;&nbsp;&nbsp;ACC Ltd. | 5493 | 113122 |
| &nbsp;&nbsp;&nbsp;&nbsp;Adani Power Ltd. \* | 40280 | 65758 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aditya Birla Capital Ltd. \* | 49870 | 164457 |
| &nbsp;&nbsp;&nbsp;&nbsp;Advanced Enzyme Technologies Ltd. | 3035 | 11143 |
| &nbsp;&nbsp;&nbsp;&nbsp;AGI Greenpac Ltd. | 2388 | 22659 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ahluwalia Contracts India Ltd. | 1765 | 19527 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ajmera Realty & Infra India Ltd. | 2596 | 29092 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alembic Pharmaceuticals Ltd. | 4429 | 44897 |
| &nbsp;&nbsp;&nbsp;&nbsp;Allcargo Logistics Ltd. | 19940 | 7148 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amara Raja Energy & Mobility Ltd. | 10842 | 121017 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ambuja Cements Ltd. | 36667 | 236012 |
| &nbsp;&nbsp;&nbsp;&nbsp;Apollo Tyres Ltd. | 31532 | 167695 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arvind Ltd. | 13452 | 46058 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ashoka Buildcon Ltd. \* | 8590 | 17850 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aurobindo Pharma Ltd. | 25561 | 312356 |
| &nbsp;&nbsp;&nbsp;&nbsp;Avanti Feeds Ltd. | 2210 | 16079 |
| &nbsp;&nbsp;&nbsp;&nbsp;Axis Bank Ltd. | 133355 | 1698689 |
| &nbsp;&nbsp;&nbsp;&nbsp;Axis Bank Ltd., GDR | 12180 | 779520 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bajaj Consumer Care Ltd. \* | 9060 | 24191 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA Emerging Markets Value Fund**

PORTFOLIO OF INVESTMENTS — AS OF SEPTEMBER 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***India (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bajaj Holdings & Investment Ltd. | 1809 | $244490 |
| &nbsp;&nbsp;&nbsp;&nbsp;Balrampur Chini Mills Ltd. | 8487 | 43587 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bandhan Bank Ltd. ± | 54816 | 100200 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Baroda | 74524 | 216986 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of India | 34110 | 47530 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Maharashtra | 39556 | 24948 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bhansali Engineering Polymers Ltd. | 5648 | 6482 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bharat Heavy Electricals Ltd. | 63065 | 169651 |
| &nbsp;&nbsp;&nbsp;&nbsp;Biocon Ltd. | 11002 | 42217 |
| &nbsp;&nbsp;&nbsp;&nbsp;Birla Corp. Ltd. | 3237 | 44478 |
| &nbsp;&nbsp;&nbsp;&nbsp;Birlasoft Ltd. | 1959 | 7753 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bluspring Enterprises Ltd. \* | 3874 | 3323 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bombay Burmah Trading Co. | 1162 | 23159 |
| &nbsp;&nbsp;&nbsp;&nbsp;Camlin Fine Sciences Ltd. \* | 4882 | 10777 |
| &nbsp;&nbsp;&nbsp;&nbsp;Can Fin Homes Ltd. | 5565 | 47863 |
| &nbsp;&nbsp;&nbsp;&nbsp;Canara Bank | 128930 | 180046 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ceat Ltd. | 2913 | 110413 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chambal Fertilizers and Chemicals Ltd. | 13907 | 79889 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cholamandalam Financial Holdings Ltd. | 5275 | 111692 |
| &nbsp;&nbsp;&nbsp;&nbsp;CIE Automotive India Ltd. | 6907 | 31369 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cipla Ltd. | 24545 | 416046 |
| &nbsp;&nbsp;&nbsp;&nbsp;City Union Bank Ltd. | 30829 | 73964 |
| &nbsp;&nbsp;&nbsp;&nbsp;CMS Info Systems Ltd. | 9549 | 40104 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cochin Shipyard Ltd. ± | 105 | 2123 |
| &nbsp;&nbsp;&nbsp;&nbsp;Container Corp. Of India Ltd. | 8811 | 52029 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coromandel International Ltd. | 2727 | 69105 |
| &nbsp;&nbsp;&nbsp;&nbsp;CreditAccess Grameen Ltd. \* | 688 | 10427 |
| &nbsp;&nbsp;&nbsp;&nbsp;CSB Bank Ltd. \* | 3753 | 15665 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cyient Ltd. | 3556 | 45837 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dalmia Bharat Ltd. | 5315 | 133191 |
| &nbsp;&nbsp;&nbsp;&nbsp;DB Corp. Ltd. | 3441 | 10464 |
| &nbsp;&nbsp;&nbsp;&nbsp;DCB Bank Ltd. | 19962 | 28463 |
| &nbsp;&nbsp;&nbsp;&nbsp;DCM Shriram Ltd. | 2904 | 37629 |
| &nbsp;&nbsp;&nbsp;&nbsp;DCW Ltd. | 9094 | 6952 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deepak Fertilisers & Petrochemicals Corp. Ltd. | 4535 | 76666 |
| &nbsp;&nbsp;&nbsp;&nbsp;Delhivery Ltd. \* | 10201 | 52149 |
| &nbsp;&nbsp;&nbsp;&nbsp;Delta Corp. Ltd. | 8978 | 7922 |
| &nbsp;&nbsp;&nbsp;&nbsp;Digitide Solutions Ltd. \* | 3874 | 6940 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dilip Buildcon Ltd. ± | 2642 | 14094 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dishman Carbogen Amcis Ltd. \* | 5637 | 17491 |
| &nbsp;&nbsp;&nbsp;&nbsp;DLF Ltd. | 16547 | 133157 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dr. Reddy's Laboratories Ltd. | 1860 | 25708 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dr. Reddy's Laboratories Ltd., ADR | 39575 | 553258 |
| &nbsp;&nbsp;&nbsp;&nbsp;eClerx Services Ltd. | 783 | 35451 |
| &nbsp;&nbsp;&nbsp;&nbsp;Edelweiss Financial Services Ltd. | 23512 | 28705 |
| &nbsp;&nbsp;&nbsp;&nbsp;EID Parry India Ltd. \* | 7288 | 83814 |
| &nbsp;&nbsp;&nbsp;&nbsp;Electrosteel Castings Ltd. | 23821 | 25109 |
| &nbsp;&nbsp;&nbsp;&nbsp;EPL Ltd. | 9507 | 22025 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equitas Small Finance Bank Ltd. \*± | 16074 | 10355 |
| &nbsp;&nbsp;&nbsp;&nbsp;Escorts Kubota Ltd. | 785 | 30414 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eureka Forbes Ltd. \* | 1532 | 9802 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exide Industries Ltd. | 26178 | 115516 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Bank Ltd. | 144130 | 314091 |
| &nbsp;&nbsp;&nbsp;&nbsp;FIEM Industries Ltd. | 1108 | 23791 |
| &nbsp;&nbsp;&nbsp;&nbsp;Finolex Cables Ltd. | 3624 | 33424 |
| &nbsp;&nbsp;&nbsp;&nbsp;Finolex Industries Ltd. | 15431 | 34846 |
| &nbsp;&nbsp;&nbsp;&nbsp;Firstsource Solutions Ltd. | 6425 | 23782 |
| &nbsp;&nbsp;&nbsp;&nbsp;Force Motors Ltd. | 322 | 60996 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fortis Healthcare Ltd. | 4364 | 47666 |
| &nbsp;&nbsp;&nbsp;&nbsp;G R Infraprojects Ltd. | 1719 | 23639 |
| &nbsp;&nbsp;&nbsp;&nbsp;GAIL India Ltd. | 218995 | 434790 |
| &nbsp;&nbsp;&nbsp;&nbsp;Galaxy Surfactants Ltd. | 569 | 14099 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Gateway Distriparks Ltd. | 25136 | $17379 |
| &nbsp;&nbsp;&nbsp;&nbsp;GHCL Ltd. | 5527 | 37773 |
| &nbsp;&nbsp;&nbsp;&nbsp;GHCL Textiles Ltd. | 5527 | 4765 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gland Pharma Ltd. ± | 1958 | 43928 |
| &nbsp;&nbsp;&nbsp;&nbsp;Glenmark Pharmaceuticals Ltd. | 5251 | 115324 |
| &nbsp;&nbsp;&nbsp;&nbsp;Godawari Power & Ispat Ltd. | 11830 | 32630 |
| &nbsp;&nbsp;&nbsp;&nbsp;Godfrey Phillips India Ltd. | 1053 | 40026 |
| &nbsp;&nbsp;&nbsp;&nbsp;Godrej Industries Ltd. \* | 1769 | 23972 |
| &nbsp;&nbsp;&nbsp;&nbsp;Granules India Ltd. | 7725 | 44807 |
| &nbsp;&nbsp;&nbsp;&nbsp;Graphite India Ltd. | 2245 | 14122 |
| &nbsp;&nbsp;&nbsp;&nbsp;Grasim Industries Ltd. | 17963 | 560201 |
| &nbsp;&nbsp;&nbsp;&nbsp;Great Eastern Shipping Co. Ltd. (The) | 8516 | 95232 |
| &nbsp;&nbsp;&nbsp;&nbsp;Greaves Cotton Ltd. | 5025 | 11998 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gujarat Alkalies & Chemicals Ltd. | 2551 | 15772 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gujarat Ambuja Exports Ltd. | 8766 | 10465 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gujarat Mineral Development Corp. Ltd. | 5595 | 37683 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gujarat Narmada Valley Fertilizers & Chemicals Ltd. | 8187 | 45163 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gujarat Pipavav Port Ltd. | 19498 | 34697 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gujarat State Fertilizers & Chemicals Ltd. | 15178 | 33579 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gujarat State Petronet Ltd. | 23082 | 80264 |
| &nbsp;&nbsp;&nbsp;&nbsp;HDFC Bank Ltd. | 117985 | 1265709 |
| &nbsp;&nbsp;&nbsp;&nbsp;HEG Ltd. | 6270 | 35796 |
| &nbsp;&nbsp;&nbsp;&nbsp;HeidelbergCement India Ltd. | 3920 | 8887 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hero MotoCorp Ltd. | 5358 | 330301 |
| &nbsp;&nbsp;&nbsp;&nbsp;HFCL Ltd. | 33650 | 27685 |
| &nbsp;&nbsp;&nbsp;&nbsp;HG Infra Engineering Ltd. | 1150 | 12045 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hindalco Industries Ltd. | 143996 | 1239041 |
| &nbsp;&nbsp;&nbsp;&nbsp;IDFC First Bank Ltd. | 279140 | 219725 |
| &nbsp;&nbsp;&nbsp;&nbsp;IIFL Capital Services Ltd. | 19584 | 61770 |
| &nbsp;&nbsp;&nbsp;&nbsp;IIFL Finance Ltd. \* | 8058 | 41293 |
| &nbsp;&nbsp;&nbsp;&nbsp;India Cements Ltd. (The) \* | 5546 | 23926 |
| &nbsp;&nbsp;&nbsp;&nbsp;India Glycols Ltd. | 1312 | 12664 |
| &nbsp;&nbsp;&nbsp;&nbsp;Indian Bank | 14634 | 123284 |
| &nbsp;&nbsp;&nbsp;&nbsp;Indian Railway Finance Corp. Ltd. ± | 17190 | 23891 |
| &nbsp;&nbsp;&nbsp;&nbsp;Indo Count Industries Ltd. | 4356 | 13209 |
| &nbsp;&nbsp;&nbsp;&nbsp;Indus Towers Ltd. \* | 101143 | 392264 |
| &nbsp;&nbsp;&nbsp;&nbsp;IndusInd Bank Ltd. \* | 26758 | 221776 |
| &nbsp;&nbsp;&nbsp;&nbsp;Infibeam Avenues Ltd. \* | 19336 | 2176 |
| &nbsp;&nbsp;&nbsp;&nbsp;Infibeam Avenues Ltd. \* | 77058 | 14103 |
| &nbsp;&nbsp;&nbsp;&nbsp;Info Edge India Ltd. | 16055 | 237637 |
| &nbsp;&nbsp;&nbsp;&nbsp;IRCON International Ltd. ± | 18858 | 36446 |
| &nbsp;&nbsp;&nbsp;&nbsp;J Kumar Infraprojects Ltd. | 2507 | 17986 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jain Irrigation Systems Ltd. \* | 17519 | 10351 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jammu & Kashmir Bank Ltd. (The) | 31797 | 37710 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jindal Saw Ltd. | 28522 | 64957 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jindal Stainless Ltd. | 25001 | 209213 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jindal Steel Ltd. | 44263 | 529454 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jio Financial Services Ltd. | 176909 | 585786 |
| &nbsp;&nbsp;&nbsp;&nbsp;JK Lakshmi Cement Ltd. | 4751 | 45852 |
| &nbsp;&nbsp;&nbsp;&nbsp;JK Paper Ltd. | 10798 | 47016 |
| &nbsp;&nbsp;&nbsp;&nbsp;JK Tyre & Industries Ltd. | 10161 | 40981 |
| &nbsp;&nbsp;&nbsp;&nbsp;JM Financial Ltd. | 40467 | 73196 |
| &nbsp;&nbsp;&nbsp;&nbsp;JSW Energy Ltd. | 13525 | 81176 |
| &nbsp;&nbsp;&nbsp;&nbsp;JSW Steel Ltd. | 60769 | 780447 |
| &nbsp;&nbsp;&nbsp;&nbsp;Jubilant Pharmova Ltd. | 7273 | 88467 |
| &nbsp;&nbsp;&nbsp;&nbsp;Just Dial Ltd. \* | 1076 | 10041 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kalpataru Projects International Ltd. | 7183 | 101368 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kalyani Steels Ltd. | 1016 | 8765 |
| &nbsp;&nbsp;&nbsp;&nbsp;Karnataka Bank Ltd. (The) | 29326 | 57170 |
| &nbsp;&nbsp;&nbsp;&nbsp;Karur Vysya Bank Ltd. (The) | 43450 | 102766 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kaveri Seed Co. Ltd. | 1897 | 22540 |
| &nbsp;&nbsp;&nbsp;&nbsp;KCP Ltd. (The) | 6994 | 15384 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kirloskar Oil Engines Ltd. | 798 | 8302 |
| &nbsp;&nbsp;&nbsp;&nbsp;KNR Constructions Ltd. | 11124 | 24869 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA Emerging Markets Value Fund**

PORTFOLIO OF INVESTMENTS — AS OF SEPTEMBER 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***India (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Kotak Mahindra Bank Ltd. | 28870 | $649007 |
| &nbsp;&nbsp;&nbsp;&nbsp;KRBL Ltd. | 2296 | 8884 |
| &nbsp;&nbsp;&nbsp;&nbsp;L&T Finance Ltd. | 72832 | 204497 |
| &nbsp;&nbsp;&nbsp;&nbsp;Larsen & Toubro Ltd., GDR | 26126 | 1081616 |
| &nbsp;&nbsp;&nbsp;&nbsp;LG Balakrishnan & Bros Ltd. | 1438 | 22669 |
| &nbsp;&nbsp;&nbsp;&nbsp;LIC Housing Finance Ltd. | 24147 | 153657 |
| &nbsp;&nbsp;&nbsp;&nbsp;LT Foods Ltd. | 14320 | 65303 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lupin Ltd. | 4573 | 98631 |
| &nbsp;&nbsp;&nbsp;&nbsp;Maharashtra Seamless Ltd. | 3116 | 21048 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mahindra & Mahindra Financial Services Ltd. | 55632 | 172932 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mahindra & Mahindra Ltd. | 37348 | 1444895 |
| &nbsp;&nbsp;&nbsp;&nbsp;Man Infraconstruction Ltd. | 4652 | 7702 |
| &nbsp;&nbsp;&nbsp;&nbsp;Manappuram Finance Ltd. | 42964 | 136602 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marksans Pharma Ltd. | 9432 | 17475 |
| &nbsp;&nbsp;&nbsp;&nbsp;Maruti Suzuki India Ltd. | 4747 | 857295 |
| &nbsp;&nbsp;&nbsp;&nbsp;MAS Financial Services Ltd. ± | 3106 | 10460 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mastek Ltd. | 960 | 23613 |
| &nbsp;&nbsp;&nbsp;&nbsp;Meghmani Organics Ltd. \* | 7232 | 6589 |
| &nbsp;&nbsp;&nbsp;&nbsp;MOIL Ltd. | 5661 | 23584 |
| &nbsp;&nbsp;&nbsp;&nbsp;Motilal Oswal Financial Services Ltd. | 5746 | 57338 |
| &nbsp;&nbsp;&nbsp;&nbsp;MRF Ltd. | 181 | 297638 |
| &nbsp;&nbsp;&nbsp;&nbsp;Muthoot Finance Ltd. | 1358 | 47108 |
| &nbsp;&nbsp;&nbsp;&nbsp;Natco Pharma Ltd. | 5577 | 50212 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Aluminium Co. Ltd. | 58254 | 140700 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Fertilizers Ltd. | 6160 | 6387 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nava Ltd. | 7969 | 58433 |
| &nbsp;&nbsp;&nbsp;&nbsp;NCC Ltd. | 36382 | 85070 |
| &nbsp;&nbsp;&nbsp;&nbsp;NESCO Ltd. | 965 | 14269 |
| &nbsp;&nbsp;&nbsp;&nbsp;NIIT Learning Systems Ltd. | 2427 | 8955 |
| &nbsp;&nbsp;&nbsp;&nbsp;NIIT Ltd. | 2427 | 2889 |
| &nbsp;&nbsp;&nbsp;&nbsp;NMDC Ltd. | 253182 | 218369 |
| &nbsp;&nbsp;&nbsp;&nbsp;NMDC Steel Ltd. \* | 47585 | 24112 |
| &nbsp;&nbsp;&nbsp;&nbsp;NOCIL Ltd. | 7374 | 14428 |
| &nbsp;&nbsp;&nbsp;&nbsp;NRB Bearings Ltd. | 2776 | 8895 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nuvoco Vistas Corp. Ltd. \* | 2511 | 11796 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oberoi Realty Ltd. | 5090 | 91150 |
| &nbsp;&nbsp;&nbsp;&nbsp;Onesource Specialty Pharma Ltd. \* | 2735 | 56216 |
| &nbsp;&nbsp;&nbsp;&nbsp;Orient Cement Ltd. | 4032 | 9954 |
| &nbsp;&nbsp;&nbsp;&nbsp;Orient Green Power Co. Ltd. \* | 107182 | 15524 |
| &nbsp;&nbsp;&nbsp;&nbsp;Patel Engineering Ltd. \* | 47895 | 19970 |
| &nbsp;&nbsp;&nbsp;&nbsp;PCBL Chemical Ltd. | 11386 | 47903 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pennar Industries Ltd. \* | 5072 | 13367 |
| &nbsp;&nbsp;&nbsp;&nbsp;Petronet LNG Ltd. | 67706 | 212714 |
| &nbsp;&nbsp;&nbsp;&nbsp;Piramal Finance Ltd. \*<> | 4265 | 18017 |
| &nbsp;&nbsp;&nbsp;&nbsp;Piramal Pharma Ltd. | 29025 | 62461 |
| &nbsp;&nbsp;&nbsp;&nbsp;PNB Housing Finance Ltd. ± | 10969 | 106801 |
| &nbsp;&nbsp;&nbsp;&nbsp;PNC Infratech Ltd. | 7840 | 25956 |
| &nbsp;&nbsp;&nbsp;&nbsp;Polyplex Corp. Ltd. | 2048 | 23885 |
| &nbsp;&nbsp;&nbsp;&nbsp;Power Finance Corp. Ltd. | 121886 | 564343 |
| &nbsp;&nbsp;&nbsp;&nbsp;Power Mech Projects Ltd. | 484 | 14811 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prakash Industries Ltd. | 4621 | 8541 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prestige Estates Projects Ltd. | 6151 | 104608 |
| &nbsp;&nbsp;&nbsp;&nbsp;PTC India Ltd. | 17788 | 33437 |
| &nbsp;&nbsp;&nbsp;&nbsp;Punjab National Bank | 135010 | 171977 |
| &nbsp;&nbsp;&nbsp;&nbsp;PVR Inox Ltd. \* | 4239 | 51275 |
| &nbsp;&nbsp;&nbsp;&nbsp;Quess Corp. Ltd. ± | 3874 | 11106 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rallis India Ltd. | 3389 | 11607 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ramco Cements Ltd. (The) | 5843 | 65545 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Rashtriya Chemicals & Fertilizers Ltd. \* | 16695 | $27387 |
| &nbsp;&nbsp;&nbsp;&nbsp;Raymond Lifestyle Ltd. \* | 2620 | 34584 |
| &nbsp;&nbsp;&nbsp;&nbsp;Raymond Ltd. \* | 3276 | 21256 |
| &nbsp;&nbsp;&nbsp;&nbsp;Raymond Realty Ltd. \* | 3276 | 21400 |
| &nbsp;&nbsp;&nbsp;&nbsp;RBL Bank Ltd. ± | 35444 | 111276 |
| &nbsp;&nbsp;&nbsp;&nbsp;REC Ltd. | 124810 | 522778 |
| &nbsp;&nbsp;&nbsp;&nbsp;Redington Ltd. | 57900 | 184351 |
| &nbsp;&nbsp;&nbsp;&nbsp;Reliance Industries Ltd. | 402168 | 6178228 |
| &nbsp;&nbsp;&nbsp;&nbsp;Reliance Power Ltd. \* | 164619 | 82394 |
| &nbsp;&nbsp;&nbsp;&nbsp;Repco Home Finance Ltd. | 1643 | 6687 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rhi Magnesita India Ltd. | 2246 | 11181 |
| &nbsp;&nbsp;&nbsp;&nbsp;RITES Ltd. | 5510 | 15272 |
| &nbsp;&nbsp;&nbsp;&nbsp;Samvardhana Motherson International Ltd. | 333747 | 397127 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sandur Manganese & Iron Ores Ltd. (The) | 5340 | 10110 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sarda Energy & Minerals Ltd. | 2267 | 13864 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shipping Corp. of India Land & Assets Ltd., Spin-off Shares | 14166 | 7826 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shipping Corp. of India Ltd. | 14166 | 35499 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shree Cement Ltd. | 313 | 103783 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shriram Finance Ltd. | 101580 | 706860 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shriram Pistons & Rings Ltd. | 500 | 15146 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shyam Metalics & Energy Ltd. | 2791 | 28706 |
| &nbsp;&nbsp;&nbsp;&nbsp;SIS Ltd. \* | 2091 | 8233 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sobha Ltd. | 1677 | 29340 |
| &nbsp;&nbsp;&nbsp;&nbsp;South Indian Bank Ltd. (The) | 83493 | 27411 |
| &nbsp;&nbsp;&nbsp;&nbsp;Star Cement Ltd. | 7280 | 20826 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Bank of India | 69305 | 681976 |
| &nbsp;&nbsp;&nbsp;&nbsp;State Bank of India, GDR | 8728 | 857962 |
| &nbsp;&nbsp;&nbsp;&nbsp;Steel Authority of India Ltd. | 89762 | 136328 |
| &nbsp;&nbsp;&nbsp;&nbsp;Strides Pharma Science Ltd. | 5470 | 50456 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sun Pharmaceutical Industries Ltd. | 27533 | 495533 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sun TV Network Ltd. | 7133 | 42337 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sunteck Realty Ltd. | 5951 | 27828 |
| &nbsp;&nbsp;&nbsp;&nbsp;Surya Roshni Ltd. | 3092 | 10028 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tamilnad Mercantile Bank Ltd. | 4102 | 19508 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tata Chemicals Ltd. | 12988 | 134139 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tata Consumer Products Ltd. | 8150 | 103953 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tata Motors Ltd. | 131488 | 1010794 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tata Steel Ltd. | 430140 | 818968 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tata Steel Ltd., GDR | 6923 | 131883 |
| &nbsp;&nbsp;&nbsp;&nbsp;Technocraft Industries India Ltd. | 547 | 13590 |
| &nbsp;&nbsp;&nbsp;&nbsp;Texmaco Rail & Engineering Ltd. | 11707 | 18178 |
| &nbsp;&nbsp;&nbsp;&nbsp;Thirumalai Chemicals Ltd. \* | 4154 | 13140 |
| &nbsp;&nbsp;&nbsp;&nbsp;Thomas Cook India Ltd. | 8408 | 14931 |
| &nbsp;&nbsp;&nbsp;&nbsp;Time Technoplast Ltd. | 11270 | 26662 |
| &nbsp;&nbsp;&nbsp;&nbsp;Transport Corp. of India Ltd. | 1896 | 25230 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trident Ltd. | 56042 | 17812 |
| &nbsp;&nbsp;&nbsp;&nbsp;Triveni Engineering & Industries Ltd. | 4797 | 18026 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tube Investments of India Ltd. | 320 | 11212 |
| &nbsp;&nbsp;&nbsp;&nbsp;TVS Srichakra Ltd. | 202 | 7201 |
| &nbsp;&nbsp;&nbsp;&nbsp;Uflex Ltd. | 3166 | 19414 |
| &nbsp;&nbsp;&nbsp;&nbsp;Unichem Laboratories Ltd. \* | 1313 | 6795 |
| &nbsp;&nbsp;&nbsp;&nbsp;Union Bank of India Ltd. | 81852 | 127956 |
| &nbsp;&nbsp;&nbsp;&nbsp;UPL Ltd. | 34451 | 255311 |
| &nbsp;&nbsp;&nbsp;&nbsp;Usha Martin Ltd. | 10246 | 53371 |
| &nbsp;&nbsp;&nbsp;&nbsp;VA Tech Wabag Ltd. | 3405 | 55031 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vardhman Textiles Ltd. | 8165 | 37966 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vedanta Ltd. | 44540 | 233564 |
| &nbsp;&nbsp;&nbsp;&nbsp;Voltamp Transformers Ltd. | 223 | 18209 |
| &nbsp;&nbsp;&nbsp;&nbsp;Welspun Corp. Ltd. | 7360 | 71164 |
| &nbsp;&nbsp;&nbsp;&nbsp;Welspun Enterprises Ltd. | 1530 | 8607 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA Emerging Markets Value Fund**

PORTFOLIO OF INVESTMENTS — AS OF SEPTEMBER 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***India (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Welspun Living Ltd. | 30266 | $39194 |
| &nbsp;&nbsp;&nbsp;&nbsp;West Coast Paper Mills Ltd. | 3247 | 17181 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wipro Ltd. | 133330 | 358955 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wipro Ltd., ADR @ | 29490 | 77559 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wockhardt Ltd. \* | 5344 | 90703 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yes Bank Ltd. \* | 581105 | 139404 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zee Entertainment Enterprises Ltd. | 70032 | 88726 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zensar Technologies Ltd. | 5610 | 48778 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zydus Lifesciences Ltd. | 10313 | 114178 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zydus Wellness Ltd. | 5525 | 28624 |
|  |  | 40281770 |
| ***Indonesia — 1.7%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AKR Corporindo Tbk. PT | 273600 | 19865 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alamtri Minerals Indonesia Tbk. PT | 382600 | 24106 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alamtri Resources Indonesia Tbk. PT | 1607200 | 162986 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aneka Tambang Tbk. PT | 554300 | 105106 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aspirasi Hidup Indonesia Tbk. PT | 625900 | 16150 |
| &nbsp;&nbsp;&nbsp;&nbsp;Astra Agro Lestari Tbk. PT | 28600 | 14030 |
| &nbsp;&nbsp;&nbsp;&nbsp;Astra International Tbk. PT | 1944500 | 673837 |
| &nbsp;&nbsp;&nbsp;&nbsp;Astra Otoparts Tbk. PT | 19600 | 2717 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank BTPN Syariah Tbk. PT | 251900 | 20406 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank Mandiri Persero Tbk. PT | 252000 | 66535 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank Negara Indonesia Persero Tbk. PT | 1037332 | 255209 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank OCBC Nisp Tbk. PT | 223000 | 18132 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank Pan Indonesia Tbk. PT | 399700 | 25903 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk. PT | 173300 | 7955 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank Pembangunan Daerah Jawa Timur Tbk. PT | 403000 | 12333 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank Tabungan Negara Persero Tbk. PT | 537509 | 41446 |
| &nbsp;&nbsp;&nbsp;&nbsp;BFI Finance Indonesia Tbk. PT | 108300 | 4971 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bukalapak.com Tbk. PT \* | 3549800 | 36212 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bukit Asam Tbk. PT | 339600 | 47888 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bumi Resources Minerals Tbk. PT \* | 1498900 | 75552 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bumi Resources Tbk. PT \* | 5598400 | 50055 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bumi Serpong Damai Tbk. PT \* | 435700 | 27713 |
| &nbsp;&nbsp;&nbsp;&nbsp;Charoen Pokphand Indonesia Tbk. PT | 65700 | 18372 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ciputra Development Tbk. PT | 924577 | 51596 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dayamitra Telekomunikasi PT | 1395200 | 48558 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dharma Satya Nusantara Tbk. PT | 140700 | 13931 |
| &nbsp;&nbsp;&nbsp;&nbsp;Elang Mahkota Teknologi Tbk. PT | 999500 | 75270 |
| &nbsp;&nbsp;&nbsp;&nbsp;Energi Mega Persada Tbk. PT \* | 1206500 | 58280 |
| &nbsp;&nbsp;&nbsp;&nbsp;Erajaya Swasembada Tbk. PT | 1042500 | 27024 |
| &nbsp;&nbsp;&nbsp;&nbsp;ESSA Industries Indonesia Tbk. PT | 517700 | 21746 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gudang Garam Tbk. PT | 52600 | 44109 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hanson International Tbk. PT \*§ | 5335700 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Indah Kiat Pulp & Paper Tbk. PT | 251800 | 111055 |
| &nbsp;&nbsp;&nbsp;&nbsp;Indika Energy Tbk. PT | 195300 | 27188 |
| &nbsp;&nbsp;&nbsp;&nbsp;Indo Tambangraya Megah Tbk. PT | 52800 | 72475 |
| &nbsp;&nbsp;&nbsp;&nbsp;Indocement Tunggal Prakarsa Tbk. PT | 129800 | 50822 |
| &nbsp;&nbsp;&nbsp;&nbsp;Indofood Sukses Makmur Tbk. PT | 407500 | 176669 |
| &nbsp;&nbsp;&nbsp;&nbsp;Japfa Comfeed Indonesia Tbk. PT | 567600 | 66756 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lippo Karawaci Tbk. PT \* | 1787300 | 11047 |
| &nbsp;&nbsp;&nbsp;&nbsp;Medco Energi Internasional Tbk. PT | 1095352 | 90047 |
| &nbsp;&nbsp;&nbsp;&nbsp;Merdeka Battery Materials Tbk. PT \* | 337300 | 13055 |
| &nbsp;&nbsp;&nbsp;&nbsp;Metrodata Electronics Tbk. PT | 524800 | 18895 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitra Adiperkasa Tbk. PT | 620000 | 41854 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pabrik Kertas Tjiwi Kimia Tbk. PT | 92300 | 38631 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pakuwon Jati Tbk. PT | 1135800 | 25626 |
| &nbsp;&nbsp;&nbsp;&nbsp;Panin Financial Tbk. PT \* | 1207600 | 17536 |
| &nbsp;&nbsp;&nbsp;&nbsp;Perusahaan Perkebunan London Sumatra Indonesia Tbk. PT | 154500 | 12562 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Samudera Indonesia Tbk. PT | 979900 | $18698 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sarana Menara Nusantara Tbk. PT | 1152200 | 40446 |
| &nbsp;&nbsp;&nbsp;&nbsp;Semen Indonesia Persero Tbk. PT | 315724 | 53805 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sri Rejeki Isman Tbk. PT \*§ | 996900 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sumber Tani Agung Resources Tbk. PT | 162900 | 10704 |
| &nbsp;&nbsp;&nbsp;&nbsp;Summarecon Agung Tbk. PT | 932100 | 23827 |
| &nbsp;&nbsp;&nbsp;&nbsp;Surya Citra Media Tbk. PT | 1066200 | 21497 |
| &nbsp;&nbsp;&nbsp;&nbsp;Surya Semesta Internusa Tbk. PT | 303100 | 32829 |
| &nbsp;&nbsp;&nbsp;&nbsp;Trimegah Bangun Persada Tbk. PT | 478700 | 34183 |
| &nbsp;&nbsp;&nbsp;&nbsp;Triputra Agro Persada PT | 632300 | 65070 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ultrajaya Milk Industry & Trading Co. Tbk. PT | 131500 | 10179 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Tractors Tbk. PT | 169000 | 271526 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vale Indonesia Tbk. PT | 184400 | 48686 |
| &nbsp;&nbsp;&nbsp;&nbsp;XLSMART Telecom Sejahtera Tbk. PT | 522966 | 83474 |
|  |  | 3557135 |
| ***Korea — 11.3%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Amorepacific Holdings Corp. | 1044 | 19830 |
| &nbsp;&nbsp;&nbsp;&nbsp;BH Co. Ltd. | 1193 | 14642 |
| &nbsp;&nbsp;&nbsp;&nbsp;BNK Financial Group, Inc. | 15620 | 162429 |
| &nbsp;&nbsp;&nbsp;&nbsp;CJ CheilJedang Corp. | 744 | 122228 |
| &nbsp;&nbsp;&nbsp;&nbsp;CJ Corp. | 1142 | 149358 |
| &nbsp;&nbsp;&nbsp;&nbsp;CJ ENM Co. Ltd. \* | 1200 | 60810 |
| &nbsp;&nbsp;&nbsp;&nbsp;CJ Logistics Corp. | 649 | 38948 |
| &nbsp;&nbsp;&nbsp;&nbsp;Daesang Corp. | 2426 | 38040 |
| &nbsp;&nbsp;&nbsp;&nbsp;Daewoo Engineering & Construction Co. Ltd. \* | 18960 | 48378 |
| &nbsp;&nbsp;&nbsp;&nbsp;Daishin Securities Co. Ltd. | 697 | 13115 |
| &nbsp;&nbsp;&nbsp;&nbsp;Daou Technology, Inc. | 2149 | 56212 |
| &nbsp;&nbsp;&nbsp;&nbsp;DB HiTek Co. Ltd. | 1524 | 61696 |
| &nbsp;&nbsp;&nbsp;&nbsp;DB Insurance Co. Ltd. | 377 | 37215 |
| &nbsp;&nbsp;&nbsp;&nbsp;DB, Inc. \* | 6843 | 7540 |
| &nbsp;&nbsp;&nbsp;&nbsp;DL E&C Co. Ltd. | 1344 | 40137 |
| &nbsp;&nbsp;&nbsp;&nbsp;DL Holdings Co. Ltd. | 1071 | 26831 |
| &nbsp;&nbsp;&nbsp;&nbsp;DN Automotive Corp. | 314 | 5114 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dong-A Socio Holdings Co. Ltd. | 295 | 24348 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dongkuk Holdings Co. Ltd. | 1150 | 6074 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dongkuk Steel Mill Co. Ltd. | 3583 | 23392 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dongwha Pharm Co. Ltd. | 736 | 3336 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dongwon Industries Co. Ltd. | 1371 | 44412 |
| &nbsp;&nbsp;&nbsp;&nbsp;Doosan Bobcat, Inc. | 3756 | 148575 |
| &nbsp;&nbsp;&nbsp;&nbsp;DoubleUGames Co. Ltd. | 604 | 22386 |
| &nbsp;&nbsp;&nbsp;&nbsp;E-MART, Inc. | 1021 | 54941 |
| &nbsp;&nbsp;&nbsp;&nbsp;ENF Technology Co. Ltd. | 555 | 21954 |
| &nbsp;&nbsp;&nbsp;&nbsp;GS Engineering & Construction Corp. | 2015 | 26425 |
| &nbsp;&nbsp;&nbsp;&nbsp;GS Holdings Corp. | 3044 | 99691 |
| &nbsp;&nbsp;&nbsp;&nbsp;GS P&L Co. Ltd. \* | 729 | 25641 |
| &nbsp;&nbsp;&nbsp;&nbsp;GS Retail Co. Ltd. | 3073 | 36467 |
| &nbsp;&nbsp;&nbsp;&nbsp;HAESUNG DS Co. Ltd. | 586 | 12864 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hana Financial Group, Inc. | 16805 | 1044436 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hanil Holdings Co. Ltd. | 1021 | 12022 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hankook Tire & Technology Co. Ltd. | 5220 | 142680 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hanon Systems \* | 10240 | 22260 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hanwha Corp. | 1555 | 93762 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hanwha Galleria Corp. \* | 4602 | 3647 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hanwha Investment & Securities Co. Ltd. \* | 5680 | 25788 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hanwha Life Insurance Co. Ltd. \* | 20246 | 45382 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hanwha Solutions Corp. | 6070 | 123516 |
| &nbsp;&nbsp;&nbsp;&nbsp;Harim Holdings Co. Ltd. | 2243 | 11734 |
| &nbsp;&nbsp;&nbsp;&nbsp;HD Hyundai Co. Ltd. | 1757 | 194603 |
| &nbsp;&nbsp;&nbsp;&nbsp;HD Hyundai Construction Equipment Co. Ltd. | 647 | 42840 |
| &nbsp;&nbsp;&nbsp;&nbsp;HDC Holdings Co. Ltd. | 2781 | 34489 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA Emerging Markets Value Fund**

PORTFOLIO OF INVESTMENTS — AS OF SEPTEMBER 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***Korea (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;HDC Hyundai Development Co-Engineering & Construction | 2554 | $37044 |
| &nbsp;&nbsp;&nbsp;&nbsp;HK inno N Corp. | 967 | 30601 |
| &nbsp;&nbsp;&nbsp;&nbsp;HL Holdings Corp. | 389 | 10965 |
| &nbsp;&nbsp;&nbsp;&nbsp;HL Mando Co. Ltd. | 1823 | 43657 |
| &nbsp;&nbsp;&nbsp;&nbsp;HMM Co. Ltd. | 16321 | 233232 |
| &nbsp;&nbsp;&nbsp;&nbsp;HS Hyosung Advanced Materials Corp. | 80 | 10269 |
| &nbsp;&nbsp;&nbsp;&nbsp;HS Hyosung Corp. \* | 119 | 4962 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hy-Lok Corp. | 918 | 22671 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hyosung Corp. | 537 | 32494 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hyosung TNC Corp. | 121 | 18456 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hyundai Department Store Co. Ltd. | 867 | 54688 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hyundai Engineering & Construction Co. Ltd. | 3290 | 127562 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hyundai Glovis Co. Ltd. | 1450 | 170935 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hyundai Home Shopping Network Corp. | 327 | 12749 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hyundai Marine & Fire Insurance Co. Ltd. \* | 3214 | 64484 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hyundai Mobis Co. Ltd. | 2438 | 518686 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hyundai Motor Co. | 7743 | 1186519 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hyundai Steel Co. | 4416 | 106855 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hyundai Wia Corp. | 941 | 32461 |
| &nbsp;&nbsp;&nbsp;&nbsp;iM Financial Group Co. Ltd. | 7519 | 73740 |
| &nbsp;&nbsp;&nbsp;&nbsp;Industrial Bank of Korea | 19140 | 265468 |
| &nbsp;&nbsp;&nbsp;&nbsp;Innocean Worldwide, Inc. | 1076 | 13958 |
| &nbsp;&nbsp;&nbsp;&nbsp;JB Financial Group Co. Ltd. | 5577 | 91224 |
| &nbsp;&nbsp;&nbsp;&nbsp;KB Financial Group, Inc., ADR | 16090 | 1334022 |
| &nbsp;&nbsp;&nbsp;&nbsp;KCC Corp. | 293 | 80191 |
| &nbsp;&nbsp;&nbsp;&nbsp;KCC Glass Corp. | 444 | 8766 |
| &nbsp;&nbsp;&nbsp;&nbsp;KG Mobility Co. \* | 4088 | 9542 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kia Corp. | 19935 | 1430779 |
| &nbsp;&nbsp;&nbsp;&nbsp;KIWOOM Securities Co. Ltd. | 158 | 27590 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kolon Industries, Inc. | 1930 | 46770 |
| &nbsp;&nbsp;&nbsp;&nbsp;Korea Asset In Trust Co. Ltd. | 5452 | 8996 |
| &nbsp;&nbsp;&nbsp;&nbsp;Korea Electric Terminal Co. Ltd. | 682 | 29748 |
| &nbsp;&nbsp;&nbsp;&nbsp;Korea Investment Holdings Co. Ltd. | 1347 | 139207 |
| &nbsp;&nbsp;&nbsp;&nbsp;Korea Line Corp. \* | 16631 | 20412 |
| &nbsp;&nbsp;&nbsp;&nbsp;Korea Real Estate Investment & Trust Co. Ltd. | 10376 | 10376 |
| &nbsp;&nbsp;&nbsp;&nbsp;Korea Zinc Co. Ltd. | 351 | 230406 |
| &nbsp;&nbsp;&nbsp;&nbsp;Korean Air Lines Co. Ltd. | 8699 | 141051 |
| &nbsp;&nbsp;&nbsp;&nbsp;Korean Reinsurance Co. | 12649 | 98267 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kumho Petrochemical Co. Ltd. | 829 | 61685 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kumho Tire Co., Inc. \* | 3713 | 12504 |
| &nbsp;&nbsp;&nbsp;&nbsp;LG Chem Ltd. | 2583 | 511795 |
| &nbsp;&nbsp;&nbsp;&nbsp;LG Corp. | 4087 | 209732 |
| &nbsp;&nbsp;&nbsp;&nbsp;LG Display Co. Ltd. \* | 16033 | 164667 |
| &nbsp;&nbsp;&nbsp;&nbsp;LG Display Co. Ltd., ADR \* | 8853 | 46213 |
| &nbsp;&nbsp;&nbsp;&nbsp;LG Electronics, Inc. | 8307 | 447603 |
| &nbsp;&nbsp;&nbsp;&nbsp;LG H&H Co. Ltd. | 398 | 81129 |
| &nbsp;&nbsp;&nbsp;&nbsp;LG Innotek Co. Ltd. | 903 | 120868 |
| &nbsp;&nbsp;&nbsp;&nbsp;LG Uplus Corp. | 17247 | 188690 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lotte Chemical Corp. | 1267 | 61135 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lotte Chilsung Beverage Co. Ltd. | 290 | 23832 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lotte Corp. | 1582 | 32642 |
| &nbsp;&nbsp;&nbsp;&nbsp;LOTTE Fine Chemical Co. Ltd. | 1517 | 50060 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lotte Shopping Co. Ltd. | 641 | 32346 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lotte Wellfood Co. Ltd. | 167 | 13700 |
| &nbsp;&nbsp;&nbsp;&nbsp;LS Corp. | 730 | 86889 |
| &nbsp;&nbsp;&nbsp;&nbsp;LX Holdings Corp. | 2593 | 14267 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;LX International Corp. | 3459 | $78768 |
| &nbsp;&nbsp;&nbsp;&nbsp;LX Semicon Co. Ltd. | 567 | 22025 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mirae Asset Life Insurance Co. Ltd. \* | 5257 | 29150 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mirae Asset Securities Co. Ltd. | 8370 | 127365 |
| &nbsp;&nbsp;&nbsp;&nbsp;Netmarble Corp. ± | 1270 | 55849 |
| &nbsp;&nbsp;&nbsp;&nbsp;NH Investment & Securities Co. Ltd. | 6972 | 96501 |
| &nbsp;&nbsp;&nbsp;&nbsp;NICE Holdings Co. Ltd. | 2345 | 22964 |
| &nbsp;&nbsp;&nbsp;&nbsp;NongShim Co. Ltd. | 135 | 41518 |
| &nbsp;&nbsp;&nbsp;&nbsp;OCI Co. Ltd. | 450 | 17223 |
| &nbsp;&nbsp;&nbsp;&nbsp;OCI Holdings Co. Ltd. | 995 | 62691 |
| &nbsp;&nbsp;&nbsp;&nbsp;Orion Holdings Corp. | 2572 | 37213 |
| &nbsp;&nbsp;&nbsp;&nbsp;Otoki Corp. | 131 | 38328 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pan Ocean Co. Ltd. | 22750 | 62589 |
| &nbsp;&nbsp;&nbsp;&nbsp;Paradise Co. Ltd. | 1846 | 27761 |
| &nbsp;&nbsp;&nbsp;&nbsp;Partron Co. Ltd. | 1897 | 8721 |
| &nbsp;&nbsp;&nbsp;&nbsp;Poongsan Corp. | 311 | 27641 |
| &nbsp;&nbsp;&nbsp;&nbsp;POSCO Holdings, Inc. | 854 | 167994 |
| &nbsp;&nbsp;&nbsp;&nbsp;POSCO Holdings, Inc., ADR | 9207 | 453076 |
| &nbsp;&nbsp;&nbsp;&nbsp;S-Oil Corp. \* | 2562 | 113944 |
| &nbsp;&nbsp;&nbsp;&nbsp;Samsung C&T Corp. | 3438 | 452339 |
| &nbsp;&nbsp;&nbsp;&nbsp;Samsung Card Co. Ltd. | 2083 | 77646 |
| &nbsp;&nbsp;&nbsp;&nbsp;Samsung Electronics Co. Ltd. | 17972 | 1074695 |
| &nbsp;&nbsp;&nbsp;&nbsp;Samsung Electronics Co. Ltd., GDR | 3591 | 5364954 |
| &nbsp;&nbsp;&nbsp;&nbsp;Samsung Life Insurance Co. Ltd. | 1326 | 148000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Samsung SDI Co. Ltd. | 2756 | 402680 |
| &nbsp;&nbsp;&nbsp;&nbsp;Samsung Securities Co. Ltd. | 2235 | 114215 |
| &nbsp;&nbsp;&nbsp;&nbsp;SeAH Steel Holdings Corp. | 136 | 15383 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sebang Global Battery Co. Ltd. | 697 | 31694 |
| &nbsp;&nbsp;&nbsp;&nbsp;SGC Energy Co. Ltd. | 395 | 6461 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shinhan Financial Group Co. Ltd. | 17905 | 903513 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shinhan Financial Group Co. Ltd., ADR @ | 3628 | 182742 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shinsegae, Inc. | 629 | 83879 |
| &nbsp;&nbsp;&nbsp;&nbsp;SK Chemicals Co. Ltd. | 314 | 12958 |
| &nbsp;&nbsp;&nbsp;&nbsp;SK Discovery Co. Ltd. | 867 | 33307 |
| &nbsp;&nbsp;&nbsp;&nbsp;SK Gas Ltd. | 175 | 28875 |
| &nbsp;&nbsp;&nbsp;&nbsp;SK Innovation Co. Ltd. | 2567 | 183873 |
| &nbsp;&nbsp;&nbsp;&nbsp;SK Networks Co. Ltd. | 12838 | 40626 |
| &nbsp;&nbsp;&nbsp;&nbsp;SK, Inc. | 1745 | 261181 |
| &nbsp;&nbsp;&nbsp;&nbsp;SL Corp. | 1820 | 43974 |
| &nbsp;&nbsp;&nbsp;&nbsp;SNT Motiv Co. Ltd. | 1079 | 26416 |
| &nbsp;&nbsp;&nbsp;&nbsp;Songwon Industrial Co. Ltd. | 1925 | 13528 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sungwoo Hitech Co. Ltd. | 3959 | 15435 |
| &nbsp;&nbsp;&nbsp;&nbsp;Unid Co. Ltd. | 167 | 8344 |
| &nbsp;&nbsp;&nbsp;&nbsp;Woori Financial Group, Inc. | 45228 | 836511 |
| &nbsp;&nbsp;&nbsp;&nbsp;Youngone Corp. | 1446 | 66887 |
| &nbsp;&nbsp;&nbsp;&nbsp;Youngone Holdings Co. Ltd. | 553 | 54667 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zinus, Inc. | 1223 | 13764 |
|  |  | 24179616 |
| ***Kuwait — 0.0%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Agility Global PLC | 243775 | 73005 |
| ***Malaysia — 1.4%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Aeon Co. M Bhd. | 29400 | 9082 |
| &nbsp;&nbsp;&nbsp;&nbsp;AEON Credit Service M Bhd. | 8100 | 10643 |
| &nbsp;&nbsp;&nbsp;&nbsp;AFFIN Bank Bhd. \* | 47901 | 26520 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alliance Bank Malaysia Bhd. | 81811 | 84950 |
| &nbsp;&nbsp;&nbsp;&nbsp;AMMB Holdings Bhd. | 191687 | 257344 |
| &nbsp;&nbsp;&nbsp;&nbsp;Axiata Group Bhd. | 226300 | 144109 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank Islam Malaysia Bhd. | 68600 | 37328 |
| &nbsp;&nbsp;&nbsp;&nbsp;Batu Kawan Bhd. | 16500 | 73786 |
| &nbsp;&nbsp;&nbsp;&nbsp;Berjaya Corp. Bhd. \* | 166400 | 10676 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA Emerging Markets Value Fund**

PORTFOLIO OF INVESTMENTS — AS OF SEPTEMBER 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***Malaysia (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bumi Armada Bhd. | 264700 | $22014 |
| &nbsp;&nbsp;&nbsp;&nbsp;CIMB Group Holdings Bhd. | 131573 | 229475 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dayang Enterprise Holdings Bhd. | 27900 | 10607 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dialog Group Bhd. | 37200 | 16706 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eastern & Oriental Bhd. | 118100 | 22309 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eco World Development Group Bhd. | 67900 | 35334 |
| &nbsp;&nbsp;&nbsp;&nbsp;Genting Bhd. | 179200 | 124335 |
| &nbsp;&nbsp;&nbsp;&nbsp;Genting Malaysia Bhd. | 258200 | 128839 |
| &nbsp;&nbsp;&nbsp;&nbsp;Genting Plantations Bhd. | 23600 | 27197 |
| &nbsp;&nbsp;&nbsp;&nbsp;HAP Seng Consolidated Bhd. | 14800 | 9776 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hartalega Holdings Bhd. | 69700 | 19377 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hibiscus Petroleum Bhd. | 56080 | 20388 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hong Leong Bank Bhd. | 11500 | 56072 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hong Leong Financial Group Bhd. | 17621 | 72100 |
| &nbsp;&nbsp;&nbsp;&nbsp;IJM Corp. Bhd. | 181760 | 121792 |
| &nbsp;&nbsp;&nbsp;&nbsp;IOI Properties Group Bhd. | 75850 | 37668 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kossan Rubber Industries Bhd. | 73800 | 20692 |
| &nbsp;&nbsp;&nbsp;&nbsp;Magnum Bhd. | 86961 | 28102 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mah Sing Group Bhd. | 125685 | 33150 |
| &nbsp;&nbsp;&nbsp;&nbsp;Malayan Cement Bhd. | 14900 | 24889 |
| &nbsp;&nbsp;&nbsp;&nbsp;Malaysian Resources Corp. Bhd. | 142600 | 17789 |
| &nbsp;&nbsp;&nbsp;&nbsp;Matrix Concepts Holdings Bhd. | 96300 | 32264 |
| &nbsp;&nbsp;&nbsp;&nbsp;MBM Resources Bhd. | 12500 | 15386 |
| &nbsp;&nbsp;&nbsp;&nbsp;MBSB Bhd. | 205001 | 35803 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mega First Corp. Bhd. | 37600 | 33950 |
| &nbsp;&nbsp;&nbsp;&nbsp;MISC Bhd. | 94320 | 163606 |
| &nbsp;&nbsp;&nbsp;&nbsp;MKH Bhd. | 36950 | 9482 |
| &nbsp;&nbsp;&nbsp;&nbsp;MKH Oil Palm East Kalimantan Bhd. | 5278 | 790 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oriental Holdings Bhd. | 25760 | 41990 |
| &nbsp;&nbsp;&nbsp;&nbsp;OSK Holdings Bhd. | 111682 | 36356 |
| &nbsp;&nbsp;&nbsp;&nbsp;Petronas Chemicals Group Bhd. | 133400 | 134082 |
| &nbsp;&nbsp;&nbsp;&nbsp;PPB Group Bhd. | 37500 | 90888 |
| &nbsp;&nbsp;&nbsp;&nbsp;RHB Bank Bhd. | 145390 | 228009 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sarawak Oil Palms Bhd. | 30750 | 23966 |
| &nbsp;&nbsp;&nbsp;&nbsp;Scientex Bhd. | 27300 | 23418 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sime Darby Bhd. | 293600 | 159061 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sime Darby Property Bhd. | 308000 | 107582 |
| &nbsp;&nbsp;&nbsp;&nbsp;SP Setia Bhd. Group | 143480 | 35116 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ta Ann Holdings Bhd. | 12260 | 12090 |
| &nbsp;&nbsp;&nbsp;&nbsp;Top Glove Corp. Bhd. \* | 291800 | 40215 |
| &nbsp;&nbsp;&nbsp;&nbsp;TSH Resources Bhd. | 43000 | 11648 |
| &nbsp;&nbsp;&nbsp;&nbsp;UEM Sunrise Bhd. | 100300 | 18113 |
| &nbsp;&nbsp;&nbsp;&nbsp;UOA Development Bhd. | 20387 | 8817 |
| &nbsp;&nbsp;&nbsp;&nbsp;WCT Holdings Bhd. \* | 52300 | 10190 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yinson Holdings Bhd. | 54899 | 31568 |
| &nbsp;&nbsp;&nbsp;&nbsp;YTL Corp. Bhd. | 81160 | 53612 |
|  |  | 3091051 |
| ***Mexico — 2.0%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alfa SAB de CV, Class A | 221384 | 177581 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco del Bajio SA ± | 37942 | 95655 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cemex SAB de CV | 685631 | 616239 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cemex SAB de CV, ADR | 12231 | 109957 |
| &nbsp;&nbsp;&nbsp;&nbsp;Controladora Alpek SAB de CV \* | 221384 | 36387 |
| &nbsp;&nbsp;&nbsp;&nbsp;Controladora AXTEL SAB DE CV \* | 260453 | 13084 |
| &nbsp;&nbsp;&nbsp;&nbsp;Corp. Actinver SAB de CV | 15700 | 16614 |
| &nbsp;&nbsp;&nbsp;&nbsp;El Puerto de Liverpool SAB de CV, Class C1 | 7251 | 36474 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fomento Economico Mexicano SAB de CV | 19101 | 188209 |
| &nbsp;&nbsp;&nbsp;&nbsp;Genomma Lab Internacional SAB de CV, Class B | 65230 | 68459 |
| &nbsp;&nbsp;&nbsp;&nbsp;Grupo Bimbo SAB de CV, Series A | 9137 | 32460 |
| &nbsp;&nbsp;&nbsp;&nbsp;Grupo Carso SAB de CV, Series A1 | 10719 | 77313 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Grupo Financiero Banorte SAB de CV, Class O | 75782 | $761110 |
| &nbsp;&nbsp;&nbsp;&nbsp;Grupo Financiero Inbursa SAB de CV, Class O | 82787 | 228513 |
| &nbsp;&nbsp;&nbsp;&nbsp;Grupo Mexico SAB de CV, Series B | 90831 | 790391 |
| &nbsp;&nbsp;&nbsp;&nbsp;Grupo Traxion SAB de CV \*± | 22512 | 17898 |
| &nbsp;&nbsp;&nbsp;&nbsp;Industrias CH SAB de CV, Series B \* | 23916 | 223313 |
| &nbsp;&nbsp;&nbsp;&nbsp;La Comer SAB de CV | 19443 | 44898 |
| &nbsp;&nbsp;&nbsp;&nbsp;Megacable Holdings SAB de CV | 59163 | 192283 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nemak SAB de CV \*± | 174679 | 40824 |
| &nbsp;&nbsp;&nbsp;&nbsp;Orbia Advance Corp. SAB de CV | 51451 | 49980 |
| &nbsp;&nbsp;&nbsp;&nbsp;Organizacion Soriana SAB de CV, Class B \* | 50240 | 68583 |
| &nbsp;&nbsp;&nbsp;&nbsp;Promotora y Operadora de Infraestructura SAB de CV | 9454 | 129409 |
| &nbsp;&nbsp;&nbsp;&nbsp;Promotora y Operadora de Infraestructura SAB de CV, Class L | 1600 | 16598 |
| &nbsp;&nbsp;&nbsp;&nbsp;Regional SAB de CV | 18632 | 167300 |
|  |  | 4199532 |
| ***Philippines — 0.5%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;ACEN Corp. | 510437 | 20610 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alliance Global Group, Inc. | 253300 | 33077 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ayala Corp. | 12590 | 104441 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ayala Land, Inc. | 354500 | 148317 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Banking Corp. | 60526 | 64478 |
| &nbsp;&nbsp;&nbsp;&nbsp;DMCI Holdings, Inc. | 157300 | 30541 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Philippine Holdings Corp. | 26510 | 33707 |
| &nbsp;&nbsp;&nbsp;&nbsp;GT Capital Holdings, Inc. | 7512 | 74281 |
| &nbsp;&nbsp;&nbsp;&nbsp;JG Summit Holdings, Inc. | 225183 | 88990 |
| &nbsp;&nbsp;&nbsp;&nbsp;LT Group, Inc. | 132300 | 34644 |
| &nbsp;&nbsp;&nbsp;&nbsp;Megaworld Corp. | 1004700 | 34353 |
| &nbsp;&nbsp;&nbsp;&nbsp;Metropolitan Bank & Trust Co. | 133237 | 155672 |
| &nbsp;&nbsp;&nbsp;&nbsp;Puregold Price Club, Inc. | 86900 | 62711 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rizal Commercial Banking Corp. | 47790 | 20980 |
| &nbsp;&nbsp;&nbsp;&nbsp;Robinsons Land Corp. | 76255 | 19549 |
| &nbsp;&nbsp;&nbsp;&nbsp;San Miguel Corp. | 41650 | 41507 |
| &nbsp;&nbsp;&nbsp;&nbsp;Security Bank Corp. | 30510 | 37430 |
| &nbsp;&nbsp;&nbsp;&nbsp;Top Frontier Investment Holdings, Inc. \* | 4630 | 4610 |
| &nbsp;&nbsp;&nbsp;&nbsp;Union Bank of the Philippines | 66330 | 34191 |
| &nbsp;&nbsp;&nbsp;&nbsp;Universal Robina Corp. | 25650 | 31247 |
|  |  | 1075336 |
| ***Poland — 1.3%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AB SA | 845 | 22551 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alior Bank SA | 8426 | 237852 |
| &nbsp;&nbsp;&nbsp;&nbsp;Asseco Poland SA | 3450 | 190219 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank Handlowy w Warszawie SA | 2000 | 57337 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank Polska Kasa Opieki SA | 653 | 31386 |
| &nbsp;&nbsp;&nbsp;&nbsp;BNPP Bank Polska SA | 811 | 23094 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cyfrowy Polsat SA \* | 16441 | 62966 |
| &nbsp;&nbsp;&nbsp;&nbsp;Echo Investment SA \* | 1732 | 2669 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enea SA | 30606 | 148708 |
| &nbsp;&nbsp;&nbsp;&nbsp;Inter Cars SA | 220 | 33896 |
| &nbsp;&nbsp;&nbsp;&nbsp;KGHM Polska Miedz SA \* | 11727 | 516231 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mirbud SA | 5445 | 20733 |
| &nbsp;&nbsp;&nbsp;&nbsp;ORLEN SA | 38019 | 905013 |
| &nbsp;&nbsp;&nbsp;&nbsp;PGE Polska Grupa Energetyczna SA \* | 88838 | 262507 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tauron Polska Energia SA \* | 125505 | 314086 |
|  |  | 2829248 |
| ***Russia — 0.0%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Gazprom PJSC, ADR \*§ | 162760 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Lukoil PJSC, ADR \*§ | 15271 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;RusHydro PJSC, ADR \*§ | 61905 |  |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA Emerging Markets Value Fund**

PORTFOLIO OF INVESTMENTS — AS OF SEPTEMBER 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***Russia (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;VTB Bank PJSC, GDR \*§ | 92145 | $— |
| ***Singapore — 0.0%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;China XLX Fertiliser Ltd. | 44000 | 44837 |
| ***South Africa — 3.4%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Absa Group Ltd. | 55314 | 580012 |
| &nbsp;&nbsp;&nbsp;&nbsp;AECI Ltd. | 8481 | 47704 |
| &nbsp;&nbsp;&nbsp;&nbsp;African Rainbow Minerals Ltd. @ | 3656 | 39272 |
| &nbsp;&nbsp;&nbsp;&nbsp;Altron Ltd., Class A | 18636 | 19694 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aspen Pharmacare Holdings Ltd. @\* | 16981 | 95259 |
| &nbsp;&nbsp;&nbsp;&nbsp;Astral Foods Ltd. | 2628 | 31236 |
| &nbsp;&nbsp;&nbsp;&nbsp;Barloworld Ltd. | 18289 | 124962 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bidvest Group Ltd. @ | 4717 | 57855 |
| &nbsp;&nbsp;&nbsp;&nbsp;DataTec Ltd. | 25170 | 87534 |
| &nbsp;&nbsp;&nbsp;&nbsp;Exxaro Resources Ltd. @ | 16672 | 173941 |
| &nbsp;&nbsp;&nbsp;&nbsp;Foschini Group Ltd. (The) | 32332 | 204270 |
| &nbsp;&nbsp;&nbsp;&nbsp;Grindrod Ltd. | 52062 | 45309 |
| &nbsp;&nbsp;&nbsp;&nbsp;Impala Platinum Holdings Ltd. | 48461 | 618881 |
| &nbsp;&nbsp;&nbsp;&nbsp;Investec Ltd. | 5506 | 40847 |
| &nbsp;&nbsp;&nbsp;&nbsp;KAP Ltd. \* | 176418 | 16855 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kumba Iron Ore Ltd. | 2189 | 41175 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lewis Group Ltd. | 3337 | 14061 |
| &nbsp;&nbsp;&nbsp;&nbsp;Life Healthcare Group Holdings Ltd. | 60968 | 40916 |
| &nbsp;&nbsp;&nbsp;&nbsp;Momentum Group Ltd. | 65482 | 124329 |
| &nbsp;&nbsp;&nbsp;&nbsp;Motus Holdings Ltd. @ | 16747 | 100850 |
| &nbsp;&nbsp;&nbsp;&nbsp;MTN Group Ltd. | 105902 | 889160 |
| &nbsp;&nbsp;&nbsp;&nbsp;Naspers Ltd., Class N | 1718 | 622208 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nedbank Group Ltd. | 27090 | 334900 |
| &nbsp;&nbsp;&nbsp;&nbsp;Netcare Ltd. | 99919 | 82157 |
| &nbsp;&nbsp;&nbsp;&nbsp;Northam Platinum Holdings Ltd. | 7305 | 118860 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oceana Group Ltd. | 10541 | 30213 |
| &nbsp;&nbsp;&nbsp;&nbsp;Old Mutual Ltd. | 382492 | 295673 |
| &nbsp;&nbsp;&nbsp;&nbsp;Omnia Holdings Ltd. | 16030 | 66440 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pepkor Holdings Ltd. ± | 170124 | 239474 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pick n Pay Stores Ltd. \* | 23653 | 34774 |
| &nbsp;&nbsp;&nbsp;&nbsp;PPC Ltd. | 93872 | 29352 |
| &nbsp;&nbsp;&nbsp;&nbsp;Raubex Group Ltd. | 16897 | 41680 |
| &nbsp;&nbsp;&nbsp;&nbsp;Reunert Ltd. | 12692 | 39553 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sanlam Ltd. | 13661 | 66122 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sappi Ltd. | 59313 | 79405 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sasol Ltd. \* | 33052 | 205661 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sibanye Stillwater Ltd. \* | 82691 | 236007 |
| &nbsp;&nbsp;&nbsp;&nbsp;Southern Sun Ltd. | 54046 | 26757 |
| &nbsp;&nbsp;&nbsp;&nbsp;Standard Bank Group Ltd. | 78855 | 1079359 |
| &nbsp;&nbsp;&nbsp;&nbsp;Super Group Ltd. | 29786 | 21921 |
| &nbsp;&nbsp;&nbsp;&nbsp;Telkom SA SOC Ltd. | 28405 | 84162 |
| &nbsp;&nbsp;&nbsp;&nbsp;Thungela Resources Ltd. | 6203 | 31432 |
| &nbsp;&nbsp;&nbsp;&nbsp;Valterra Platinum Ltd. | 2077 | 148573 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zeda Ltd. | 20449 | 14884 |
|  |  | 7323689 |
| ***Taiwan — 21.0%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;91APP, Inc. | 8000 | 20815 |
| &nbsp;&nbsp;&nbsp;&nbsp;AcBel Polytech, Inc. | 51000 | 50953 |
| &nbsp;&nbsp;&nbsp;&nbsp;Acer, Inc. | 165884 | 168453 |
| &nbsp;&nbsp;&nbsp;&nbsp;Acter Group Corp. Ltd. | 1000 | 25428 |
| &nbsp;&nbsp;&nbsp;&nbsp;Actron Technology Corp. | 3000 | 13436 |
| &nbsp;&nbsp;&nbsp;&nbsp;ADATA Technology Co. Ltd. | 20450 | 105343 |
| &nbsp;&nbsp;&nbsp;&nbsp;Advanced International Multitech Co. Ltd. | 8000 | 15749 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Advanced Power Electronics Corp. | 1000 | $3101 |
| &nbsp;&nbsp;&nbsp;&nbsp;Advanced Wireless Semiconductor Co. | 8000 | 30186 |
| &nbsp;&nbsp;&nbsp;&nbsp;Advancetek Enterprise Co. Ltd. | 13000 | 18000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Allied Supreme Corp. | 3000 | 29333 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alltek Technology Corp. | 10000 | 10270 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alltop Technology Co. Ltd. | 3000 | 24756 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alpha Networks, Inc. | 11000 | 10503 |
| &nbsp;&nbsp;&nbsp;&nbsp;Altek Corp. | 14014 | 23910 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ambassador Hotel (The) | 14000 | 19775 |
| &nbsp;&nbsp;&nbsp;&nbsp;AMPOC Far-East Co. Ltd. | 8864 | 31119 |
| &nbsp;&nbsp;&nbsp;&nbsp;AmTRAN Technology Co. Ltd. <> | 64775 | 28373 |
| &nbsp;&nbsp;&nbsp;&nbsp;Apex International Co. Ltd. \* | 20286 | 17871 |
| &nbsp;&nbsp;&nbsp;&nbsp;Arcadyan Technology Corp. | 11000 | 79221 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ardentec Corp. | 39092 | 109024 |
| &nbsp;&nbsp;&nbsp;&nbsp;Argosy Research, Inc. | 3000 | 17176 |
| &nbsp;&nbsp;&nbsp;&nbsp;ASE Technology Holding Co. Ltd. | 233000 | 1253757 |
| &nbsp;&nbsp;&nbsp;&nbsp;Asia Cement Corp. | 134269 | 168068 |
| &nbsp;&nbsp;&nbsp;&nbsp;Asia Optical Co., Inc. | 11000 | 57205 |
| &nbsp;&nbsp;&nbsp;&nbsp;ASMedia Technology, Inc. | 1000 | 48560 |
| &nbsp;&nbsp;&nbsp;&nbsp;ASROCK, Inc. | 2000 | 18341 |
| &nbsp;&nbsp;&nbsp;&nbsp;Asustek Computer, Inc. | 36000 | 792572 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aten International Co. Ltd. | 5000 | 10352 |
| &nbsp;&nbsp;&nbsp;&nbsp;AUO Corp. | 454400 | 203509 |
| &nbsp;&nbsp;&nbsp;&nbsp;Axiomtek Co. Ltd. | 8000 | 21025 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Kaohsiung Co. Ltd. | 66544 | 26091 |
| &nbsp;&nbsp;&nbsp;&nbsp;BenQ Materials Corp. | 15000 | 11812 |
| &nbsp;&nbsp;&nbsp;&nbsp;BES Engineering Corp. \* | 91000 | 31649 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bioteque Corp. | 3000 | 11763 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bizlink Holding, Inc. | 8108 | 274009 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brighton-Best International Taiwan, Inc. | 17000 | 18713 |
| &nbsp;&nbsp;&nbsp;&nbsp;Capital Securities Corp. | 152437 | 123288 |
| &nbsp;&nbsp;&nbsp;&nbsp;Castles Technology Co. Ltd. | 4200 | 10542 |
| &nbsp;&nbsp;&nbsp;&nbsp;Catcher Technology Co. Ltd. | 30000 | 179638 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cathay Financial Holding Co. Ltd. | 471170 | 1014133 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cathay Real Estate Development Co. Ltd. | 70000 | 53744 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cenra, Inc. | 9500 | 10458 |
| &nbsp;&nbsp;&nbsp;&nbsp;Center Laboratories, Inc. \* | 12000 | 15296 |
| &nbsp;&nbsp;&nbsp;&nbsp;Century Iron & Steel Industrial Co. Ltd. | 6000 | 34451 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chailease Holding Co. Ltd. | 105603 | 386336 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chang Hwa Commercial Bank Ltd. | 332606 | 214440 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chang Wah Electromaterials, Inc. | 20000 | 26150 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chang Wah Technology Co. Ltd. | 11000 | 12415 |
| &nbsp;&nbsp;&nbsp;&nbsp;Channel Well Technology Co. Ltd. | 13000 | 34379 |
| &nbsp;&nbsp;&nbsp;&nbsp;Charoen Pokphand Enterprise | 12000 | 55319 |
| &nbsp;&nbsp;&nbsp;&nbsp;CHC Healthcare Group | 7000 | 11059 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cheng Loong Corp. | 82000 | 47083 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cheng Shin Rubber Industry Co. Ltd. | 131000 | 161827 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cheng Uei Precision Industry Co. Ltd. | 34543 | 53665 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chia Hsin Cement Corp. | 22440 | 10087 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chicony Electronics Co. Ltd. | 30000 | 135836 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chicony Power Technology Co. Ltd. | 6000 | 19647 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chin-Poon Industrial Co. Ltd. | 36000 | 41223 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Airlines Ltd. | 278111 | 190256 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Bills Finance Corp. | 89000 | 47452 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Man-Made Fiber Corp. \* | 72018 | 15359 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Metal Products | 31000 | 27717 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Motor Corp. | 22478 | 46906 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Steel Chemical Corp. | 8000 | 21471 |
| &nbsp;&nbsp;&nbsp;&nbsp;China Steel Corp. | 536800 | 341686 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chipbond Technology Corp. | 42000 | 76344 |
| &nbsp;&nbsp;&nbsp;&nbsp;ChipMOS Technologies, Inc. | 28897 | 27970 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA Emerging Markets Value Fund**

PORTFOLIO OF INVESTMENTS — AS OF SEPTEMBER 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***Taiwan (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;ChipMOS Technologies, Inc., ADR | 328 | $6284 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chong Hong Construction Co. Ltd. | 12000 | 30041 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chun Yuan Steel Industry Co. Ltd. | 30000 | 20228 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chung-Hsin Electric & Machinery Manufacturing Corp. | 20000 | 102041 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chunghwa Precision Test Tech Co. Ltd. | 1000 | 63160 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cleanaway Co. Ltd. | 6000 | 39766 |
| &nbsp;&nbsp;&nbsp;&nbsp;Clevo Co. | 28000 | 38172 |
| &nbsp;&nbsp;&nbsp;&nbsp;CMC Magnetics Corp. | 31979 | 9443 |
| &nbsp;&nbsp;&nbsp;&nbsp;Co-Tech Development Corp. | 6000 | 45672 |
| &nbsp;&nbsp;&nbsp;&nbsp;Compal Electronics, Inc. | 288000 | 306162 |
| &nbsp;&nbsp;&nbsp;&nbsp;Compeq Manufacturing Co. Ltd. | 96000 | 231196 |
| &nbsp;&nbsp;&nbsp;&nbsp;Concord Securities Co. Ltd. | 42735 | 18438 |
| &nbsp;&nbsp;&nbsp;&nbsp;Continental Holdings Corp. | 42000 | 31350 |
| &nbsp;&nbsp;&nbsp;&nbsp;Coretronic Corp. | 15800 | 56766 |
| &nbsp;&nbsp;&nbsp;&nbsp;CTBC Financial Holding Co. Ltd. | 518280 | 729517 |
| &nbsp;&nbsp;&nbsp;&nbsp;CTCI Corp. | 36306 | 37702 |
| &nbsp;&nbsp;&nbsp;&nbsp;CyberPower Systems, Inc. | 2000 | 13715 |
| &nbsp;&nbsp;&nbsp;&nbsp;D-Link Corp. | 15640 | 8955 |
| &nbsp;&nbsp;&nbsp;&nbsp;DA CIN Construction Co. Ltd. | 21200 | 41387 |
| &nbsp;&nbsp;&nbsp;&nbsp;Da-Li Development Co. Ltd. | 14376 | 23183 |
| &nbsp;&nbsp;&nbsp;&nbsp;Darfon Electronics Corp. | 17000 | 20582 |
| &nbsp;&nbsp;&nbsp;&nbsp;Depo Auto Parts Ind Co. Ltd. | 8000 | 34648 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dimerco Express Corp. | 8000 | 20815 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dynamic Holding Co. Ltd. | 21000 | 61599 |
| &nbsp;&nbsp;&nbsp;&nbsp;E Ink Holdings, Inc. | 35000 | 276183 |
| &nbsp;&nbsp;&nbsp;&nbsp;E.Sun Financial Holding Co. Ltd. | 114131 | 124886 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eclat Textile Co. Ltd. | 7000 | 100712 |
| &nbsp;&nbsp;&nbsp;&nbsp;ECOVE Environment Corp. | 2000 | 18669 |
| &nbsp;&nbsp;&nbsp;&nbsp;Edom Technology Co. Ltd. \* | 10000 | 13206 |
| &nbsp;&nbsp;&nbsp;&nbsp;Elan Microelectronics Corp. | 13000 | 55450 |
| &nbsp;&nbsp;&nbsp;&nbsp;Elitegroup Computer Systems Co. Ltd. | 35877 | 25544 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ennoconn Corp. | 6116 | 59097 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ennostar, Inc. | 44414 | 57197 |
| &nbsp;&nbsp;&nbsp;&nbsp;EnTie Commercial Bank Co. Ltd. | 68000 | 29339 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eternal Materials Co. Ltd. | 42300 | 56418 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eurocharm Holdings Co. Ltd. | 3000 | 10926 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eva Airways Corp. | 241478 | 301867 |
| &nbsp;&nbsp;&nbsp;&nbsp;Evergreen Aviation Technologies Corp. | 11000 | 58468 |
| &nbsp;&nbsp;&nbsp;&nbsp;Evergreen International Storage & Transport Corp. <> | 54000 | 62012 |
| &nbsp;&nbsp;&nbsp;&nbsp;Evergreen Marine Corp. Taiwan Ltd. | 74583 | 438033 |
| &nbsp;&nbsp;&nbsp;&nbsp;EVERGREEN Steel Corp. | 13000 | 41246 |
| &nbsp;&nbsp;&nbsp;&nbsp;Everlight Chemical Industrial Corp. | 56000 | 35462 |
| &nbsp;&nbsp;&nbsp;&nbsp;Everlight Electronics Co. Ltd. | 32000 | 67091 |
| &nbsp;&nbsp;&nbsp;&nbsp;Excelsior Medical Co. Ltd. | 13369 | 37636 |
| &nbsp;&nbsp;&nbsp;&nbsp;Far Eastern Department Stores Ltd. | 85220 | 62773 |
| &nbsp;&nbsp;&nbsp;&nbsp;Far Eastern International Bank | 161146 | 65827 |
| &nbsp;&nbsp;&nbsp;&nbsp;Far Eastern New Century Corp. | 199338 | 181823 |
| &nbsp;&nbsp;&nbsp;&nbsp;Far EasTone Telecommunications Co. Ltd. | 99000 | 287145 |
| &nbsp;&nbsp;&nbsp;&nbsp;Farglory Land Development Co. Ltd. | 26721 | 54357 |
| &nbsp;&nbsp;&nbsp;&nbsp;Feng Hsin Steel Co. Ltd. | 17000 | 36423 |
| &nbsp;&nbsp;&nbsp;&nbsp;Feng TAY Enterprise Co. Ltd. | 16000 | 64571 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Financial Holding Co. Ltd. | 610444 | 597866 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Steamship Co. Ltd. \* | 58240 | 10988 |
| &nbsp;&nbsp;&nbsp;&nbsp;FIT Holding Co. Ltd. | 9000 | 10380 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fitipower Integrated Technology, Inc. | 5600 | 31419 |
| &nbsp;&nbsp;&nbsp;&nbsp;Flytech Technology Co. Ltd. | 5000 | 17226 |
| &nbsp;&nbsp;&nbsp;&nbsp;FocalTech Systems Co. Ltd. | 8000 | 17481 |
| &nbsp;&nbsp;&nbsp;&nbsp;Forcecon Tech Co. Ltd. | 5913 | 20759 |
| &nbsp;&nbsp;&nbsp;&nbsp;Formosa Advanced Technologies Co. Ltd. | 20000 | 20835 |
| &nbsp;&nbsp;&nbsp;&nbsp;Formosa Chemicals & Fibre Corp. | 176000 | 171796 |
| &nbsp;&nbsp;&nbsp;&nbsp;Formosa Laboratories, Inc. | 5000 | 10713 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Formosa Petrochemical Corp. | 61000 | $81259 |
| &nbsp;&nbsp;&nbsp;&nbsp;Formosa Plastics Corp. | 183000 | 231467 |
| &nbsp;&nbsp;&nbsp;&nbsp;Formosa Sumco Technology Corp. | 5000 | 16651 |
| &nbsp;&nbsp;&nbsp;&nbsp;Formosa Taffeta Co. Ltd. | 49000 | 24437 |
| &nbsp;&nbsp;&nbsp;&nbsp;Formosan Union Chemical Corp. | 48179 | 25925 |
| &nbsp;&nbsp;&nbsp;&nbsp;Foxconn Technology Co. Ltd. | 46127 | 106396 |
| &nbsp;&nbsp;&nbsp;&nbsp;Foxsemicon Integrated Technology, Inc. | 4000 | 39570 |
| &nbsp;&nbsp;&nbsp;&nbsp;FSP Technology, Inc. | 8000 | 14174 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fu Hua Innovation Co. Ltd. | 27714 | 18141 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fubon Financial Holding Co. Ltd. | 530823 | 1537885 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fulltech Fiber Glass Corp. \* | 14717 | 31773 |
| &nbsp;&nbsp;&nbsp;&nbsp;Fusheng Precision Co. Ltd. | 5000 | 42818 |
| &nbsp;&nbsp;&nbsp;&nbsp;G Shank Enterprise Co. Ltd. | 10589 | 36480 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gamania Digital Entertainment Co. Ltd. | 13000 | 26147 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gemtek Technology Corp. | 47000 | 38707 |
| &nbsp;&nbsp;&nbsp;&nbsp;General Interface Solution GIS Holding Ltd. \* | 18000 | 37030 |
| &nbsp;&nbsp;&nbsp;&nbsp;Genius Electronic Optical Co. Ltd. | 4000 | 56172 |
| &nbsp;&nbsp;&nbsp;&nbsp;Getac Holdings Corp. | 21000 | 107143 |
| &nbsp;&nbsp;&nbsp;&nbsp;GFC Ltd. | 3000 | 13042 |
| &nbsp;&nbsp;&nbsp;&nbsp;Giant Manufacturing Co. Ltd. | 20000 | 62274 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gigabyte Technology Co. Ltd. | 18000 | 176586 |
| &nbsp;&nbsp;&nbsp;&nbsp;Global Brands Manufacture Ltd. | 21888 | 86179 |
| &nbsp;&nbsp;&nbsp;&nbsp;Global Mixed Mode Technology, Inc. | 3000 | 22984 |
| &nbsp;&nbsp;&nbsp;&nbsp;Global PMX Co. Ltd. | 2000 | 8760 |
| &nbsp;&nbsp;&nbsp;&nbsp;Globalwafers Co. Ltd. | 15000 | 229592 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gloria Material Technology Corp. | 34392 | 40397 |
| &nbsp;&nbsp;&nbsp;&nbsp;Goldsun Building Materials Co. Ltd. | 82973 | 98959 |
| &nbsp;&nbsp;&nbsp;&nbsp;Grape King Bio Ltd. | 10000 | 42654 |
| &nbsp;&nbsp;&nbsp;&nbsp;Great Wall Enterprise Co. Ltd. | 44330 | 75343 |
| &nbsp;&nbsp;&nbsp;&nbsp;Greatek Electronics, Inc. | 16000 | 33126 |
| &nbsp;&nbsp;&nbsp;&nbsp;Group Up Industrial Co. Ltd. | 2000 | 16635 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gudeng Precision Industrial Co. Ltd. | 1000 | 11303 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hannstar Board Corp. | 23814 | 71494 |
| &nbsp;&nbsp;&nbsp;&nbsp;HannStar Display Corp. \* | 35000 | 9359 |
| &nbsp;&nbsp;&nbsp;&nbsp;HannsTouch Holdings Co. \* | 32279 | 7117 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hey Song Corp. | 18750 | 23470 |
| &nbsp;&nbsp;&nbsp;&nbsp;Highwealth Construction Corp. | 98135 | 129599 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hiwin Technologies Corp. | 19000 | 134343 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ho Tung Chemical Corp. | 63688 | 16592 |
| &nbsp;&nbsp;&nbsp;&nbsp;Holy Stone Enterprise Co. Ltd. | 10500 | 33418 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hon Hai Precision Industry Co. Ltd. | 654068 | 4635432 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hong Pu Real Estate Development Co. Ltd. | 20000 | 18111 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hong TAI Electric Industrial | 32000 | 40265 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hota Industrial Manufacturing Co. Ltd. | 13000 | 26957 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hotai Finance Co. Ltd. | 14000 | 31695 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hotai Motor Co. Ltd. | 13000 | 252937 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hsin Kuang Steel Co. Ltd. | 13000 | 18000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hu Lane Associate, Inc. | 4305 | 18009 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hua Nan Financial Holdings Co. Ltd. | 318453 | 309279 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hua Yu Lien Development Co. Ltd. | 3904 | 9274 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huaku Development Co. Ltd. | 18585 | 58478 |
| &nbsp;&nbsp;&nbsp;&nbsp;Huang Hsiang Construction Corp. | 9015 | 12674 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hung Sheng Construction Ltd. | 13688 | 9678 |
| &nbsp;&nbsp;&nbsp;&nbsp;I-Sheng Electric Wire & Cable Co. Ltd. | 9000 | 14100 |
| &nbsp;&nbsp;&nbsp;&nbsp;IBF Financial Holdings Co. Ltd. | 132503 | 66951 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ichia Technologies, Inc. | 11000 | 18768 |
| &nbsp;&nbsp;&nbsp;&nbsp;IEI Integration Corp. | 8000 | 17429 |
| &nbsp;&nbsp;&nbsp;&nbsp;Innodisk Corp. | 2039 | 22044 |
| &nbsp;&nbsp;&nbsp;&nbsp;Innolux Corp. | 405645 | 191656 |
| &nbsp;&nbsp;&nbsp;&nbsp;Inpaq Technology Co. Ltd. | 9000 | 21940 |
| &nbsp;&nbsp;&nbsp;&nbsp;Inventec Corp. | 179282 | 269117 |
| &nbsp;&nbsp;&nbsp;&nbsp;ITE Technology, Inc. | 6000 | 26281 |
| &nbsp;&nbsp;&nbsp;&nbsp;ITEQ Corp. | 15000 | 52169 |
| &nbsp;&nbsp;&nbsp;&nbsp;JPC connectivity, Inc. | 5000 | 26495 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA Emerging Markets Value Fund**

PORTFOLIO OF INVESTMENTS — AS OF SEPTEMBER 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***Taiwan (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Kedge Construction Co. Ltd. | 4324 | $12442 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kenda Rubber Industrial Co. Ltd. | 34650 | 23079 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kerry TJ Logistics Co. Ltd. | 9000 | 10143 |
| &nbsp;&nbsp;&nbsp;&nbsp;KGI Financial Holding Co. Ltd. | 1124694 | 551682 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kindom Development Co. Ltd. | 27720 | 32742 |
| &nbsp;&nbsp;&nbsp;&nbsp;King Yuan Electronics Co. Ltd. | 58100 | 312632 |
| &nbsp;&nbsp;&nbsp;&nbsp;King's Town Bank Co. Ltd. \*<> | 90000 | 170348 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kinpo Electronics | 111000 | 70836 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kinsus Interconnect Technology Corp. | 28000 | 98760 |
| &nbsp;&nbsp;&nbsp;&nbsp;KS Terminals, Inc. | 6000 | 10296 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kung Long Batteries Industrial Co. Ltd. | 8000 | 33860 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kuo Toong International Co. Ltd. | 16000 | 26721 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kuo Yang Construction Co. Ltd. \* | 14000 | 8728 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kwong Lung Enterprise Co. Ltd. | 12000 | 19667 |
| &nbsp;&nbsp;&nbsp;&nbsp;L&K Engineering Co. Ltd. | 7397 | 87129 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lanner Electronics, Inc. | 6000 | 15749 |
| &nbsp;&nbsp;&nbsp;&nbsp;Largan Precision Co. Ltd. | 7000 | 539734 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lealea Enterprise Co. Ltd. \* | 83200 | 17799 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lelon Electronics Corp. | 10000 | 28545 |
| &nbsp;&nbsp;&nbsp;&nbsp;Li Peng Enterprise Co. Ltd. \* | 41000 | 7735 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lien Hwa Industrial Holdings Corp. | 56666 | 90545 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lion Travel Service Co. Ltd. | 3000 | 15601 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lite-On Technology Corp. | 127874 | 723744 |
| &nbsp;&nbsp;&nbsp;&nbsp;Longchen Paper & Packaging Co. Ltd. \* | 92459 | 30336 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lotes Co. Ltd. | 4000 | 202769 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lotus Pharmaceutical Co. Ltd. | 10000 | 85143 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lumax International Corp. Ltd. | 4000 | 13518 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lung Yen Life Service Corp. \* | 16000 | 29188 |
| &nbsp;&nbsp;&nbsp;&nbsp;Macronix International Co. Ltd. \* | 72171 | 59318 |
| &nbsp;&nbsp;&nbsp;&nbsp;Makalot Industrial Co. Ltd. | 9000 | 85636 |
| &nbsp;&nbsp;&nbsp;&nbsp;Marketech International Corp. | 5000 | 40111 |
| &nbsp;&nbsp;&nbsp;&nbsp;MediaTek, Inc. | 3000 | 129438 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mega Financial Holding Co. Ltd. | 324287 | 452201 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mercuries & Associates Holding Ltd. | 19184 | 7616 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mercuries Life Insurance Co. Ltd. \* | 81475 | 15638 |
| &nbsp;&nbsp;&nbsp;&nbsp;Merida Industry Co. Ltd. | 15000 | 49954 |
| &nbsp;&nbsp;&nbsp;&nbsp;Merry Electronics Co. Ltd. | 15226 | 50707 |
| &nbsp;&nbsp;&nbsp;&nbsp;Micro-Star International Co. Ltd. | 42000 | 159853 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mitac Holdings Corp. | 53500 | 153945 |
| &nbsp;&nbsp;&nbsp;&nbsp;MOSA Industrial Corp. \* | 9616 | 6058 |
| &nbsp;&nbsp;&nbsp;&nbsp;Motech Industries, Inc. | 17000 | 9733 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nak Sealing Technologies Corp. | 3000 | 10926 |
| &nbsp;&nbsp;&nbsp;&nbsp;Namchow Holdings Co. Ltd. | 7000 | 9107 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nan Kang Rubber Tire Co. Ltd. | 12321 | 15382 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nan Pao Resins Chemical Co. Ltd. | 2000 | 25789 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nan Ya Plastics Corp. | 202000 | 261464 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nan Ya Printed Circuit Board Corp. | 15000 | 111228 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nantex Industry Co. Ltd. | 10000 | 7727 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nanya Technology Corp. \* | 64000 | 153291 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nichidenbo Corp. | 6000 | 14843 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nien Made Enterprise Co. Ltd. | 2000 | 27856 |
| &nbsp;&nbsp;&nbsp;&nbsp;North-Star International Co. Ltd. | 12000 | 15277 |
| &nbsp;&nbsp;&nbsp;&nbsp;Novatek Microelectronics Corp. | 8000 | 111950 |
| &nbsp;&nbsp;&nbsp;&nbsp;Nuvoton Technology Corp. | 9000 | 18604 |
| &nbsp;&nbsp;&nbsp;&nbsp;O-Bank Co. Ltd. | 91943 | 27271 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ocean Plastics Co. Ltd. | 9000 | 10675 |
| &nbsp;&nbsp;&nbsp;&nbsp;Orient Semiconductor Electronics Ltd. | 30485 | 46961 |
| &nbsp;&nbsp;&nbsp;&nbsp;Oriental Union Chemical Corp. \* | 57000 | 23003 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pan German Universal Motors Ltd. | 2000 | 19752 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Pan Jit International, Inc. | 24600 | $57145 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pan-International Industrial Corp. | 34380 | 61252 |
| &nbsp;&nbsp;&nbsp;&nbsp;Parade Technologies Ltd. | 5000 | 121563 |
| &nbsp;&nbsp;&nbsp;&nbsp;PChome Online, Inc. \* | 408 | 428 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pegatron Corp. | 139249 | 323474 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pegavision Corp. | 2000 | 20966 |
| &nbsp;&nbsp;&nbsp;&nbsp;Phison Electronics Corp. | 9000 | 208478 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pixart Imaging, Inc. | 8000 | 63652 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pou Chen Corp. | 137133 | 129808 |
| &nbsp;&nbsp;&nbsp;&nbsp;Powerchip Semiconductor Manufacturing Corp. \* | 65000 | 54170 |
| &nbsp;&nbsp;&nbsp;&nbsp;Powertech Technology, Inc. | 49000 | 234727 |
| &nbsp;&nbsp;&nbsp;&nbsp;President Securities Corp. | 95299 | 73011 |
| &nbsp;&nbsp;&nbsp;&nbsp;Primax Electronics Ltd. | 25000 | 64473 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prince Housing & Development Corp. | 77970 | 23382 |
| &nbsp;&nbsp;&nbsp;&nbsp;Promate Electronic Co. Ltd. | 9599 | 15448 |
| &nbsp;&nbsp;&nbsp;&nbsp;Qisda Corp. <> | 129400 | 128007 |
| &nbsp;&nbsp;&nbsp;&nbsp;Quanta Storage, Inc. | 13000 | 48838 |
| &nbsp;&nbsp;&nbsp;&nbsp;Radiant Opto-Electronics Corp. | 27000 | 127124 |
| &nbsp;&nbsp;&nbsp;&nbsp;Radium Life Tech Co. Ltd. | 41409 | 15081 |
| &nbsp;&nbsp;&nbsp;&nbsp;Raydium Semiconductor Corp. | 4000 | 36485 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rechi Precision Co. Ltd. | 30000 | 24116 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rich Development Co. Ltd. | 20577 | 5583 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ritek Corp. \* | 29000 | 9800 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ruentex Development Co. Ltd. | 67600 | 65653 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ruentex Industries Ltd. | 22891 | 39356 |
| &nbsp;&nbsp;&nbsp;&nbsp;Run Long Construction Co. Ltd. | 34000 | 32017 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sakura Development Co. Ltd. | 8400 | 13381 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sampo Corp. | 31600 | 25868 |
| &nbsp;&nbsp;&nbsp;&nbsp;San Fang Chemical Industry Co. Ltd. | 13000 | 12860 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sanyang Motor Co. Ltd. | 41573 | 84843 |
| &nbsp;&nbsp;&nbsp;&nbsp;ScinoPharm Taiwan Ltd. | 14000 | 8705 |
| &nbsp;&nbsp;&nbsp;&nbsp;SDI Corp. | 10000 | 26412 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sercomm Corp. | 18000 | 59650 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sesoda Corp. | 17193 | 17290 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shanghai Commercial & Savings Bank Ltd. (The) | 188618 | 260233 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shih Wei Navigation Co. Ltd. \* | 17554 | 9935 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shihlin Electric & Engineering Corp. | 11000 | 65687 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shin Ruenn Development Co. Ltd. | 5650 | 11772 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shin Zu Shing Co. Ltd. | 9064 | 77323 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shinkong Insurance Co. Ltd. | 11000 | 43490 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shinkong Synthetic Fibers Corp. | 108151 | 50211 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shinkong Textile Co. Ltd. | 4000 | 7415 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shiny Chemical Industrial Co. Ltd. | 3000 | 13288 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sigurd Microelectronics Corp. | 42694 | 127474 |
| &nbsp;&nbsp;&nbsp;&nbsp;Simplo Technology Co. Ltd. | 9000 | 109259 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sinbon Electronics Co. Ltd. | 11000 | 83011 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sincere Navigation Corp. | 27810 | 21078 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sino-American Silicon Products, Inc. | 33000 | 125599 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sinon Corp. | 37000 | 53719 |
| &nbsp;&nbsp;&nbsp;&nbsp;SinoPac Financial Holdings Co. Ltd. | 627858 | 515009 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sinyi Realty, Inc. | 11000 | 8680 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sitronix Technology Corp. | 9000 | 64079 |
| &nbsp;&nbsp;&nbsp;&nbsp;Soft-World International Corp. | 4000 | 14305 |
| &nbsp;&nbsp;&nbsp;&nbsp;Solar Applied Materials Technology Corp. | 18000 | 36794 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sporton International, Inc. | 4000 | 23492 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sports Gear Co. Ltd. | 4000 | 13387 |
| &nbsp;&nbsp;&nbsp;&nbsp;St. Shine Optical Co. Ltd. | 5000 | 22803 |
| &nbsp;&nbsp;&nbsp;&nbsp;Standard Chemical & Pharmaceutical Co. Ltd. | 5000 | 9302 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA Emerging Markets Value Fund**

PORTFOLIO OF INVESTMENTS — AS OF SEPTEMBER 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***Taiwan (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Standard Foods Corp. | 31000 | $30717 |
| &nbsp;&nbsp;&nbsp;&nbsp;Starlux Airlines Co. Ltd. \* | 14000 | 11346 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sunny Friend Environmental Technology Co. Ltd. | 4000 | 10276 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sunonwealth Electric Machine Industry Co. Ltd. | 12000 | 49806 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sunplus Technology Co. Ltd. \* | 12000 | 9154 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sunrex Technology Corp. | 6000 | 8121 |
| &nbsp;&nbsp;&nbsp;&nbsp;Superalloy Industrial Co. Ltd. | 12000 | 19017 |
| &nbsp;&nbsp;&nbsp;&nbsp;Supreme Electronics Co. Ltd. | 40000 | 58403 |
| &nbsp;&nbsp;&nbsp;&nbsp;Swancor Holding Co. Ltd. | 5000 | 21737 |
| &nbsp;&nbsp;&nbsp;&nbsp;Syncmold Enterprise Corp. | 5000 | 11451 |
| &nbsp;&nbsp;&nbsp;&nbsp;Synmosa Biopharma Corp. | 17986 | 20212 |
| &nbsp;&nbsp;&nbsp;&nbsp;Synnex Technology International Corp. | 77300 | 160291 |
| &nbsp;&nbsp;&nbsp;&nbsp;Systex Corp. | 9000 | 35731 |
| &nbsp;&nbsp;&nbsp;&nbsp;T3EX Global Holdings Corp. | 4000 | 9187 |
| &nbsp;&nbsp;&nbsp;&nbsp;TA Chen Stainless Pipe | 110317 | 139353 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ta Ya Electric Wire & Cable | 47958 | 63256 |
| &nbsp;&nbsp;&nbsp;&nbsp;TA-I Technology Co. Ltd. | 6000 | 10335 |
| &nbsp;&nbsp;&nbsp;&nbsp;TAI-TECH Advanced Electronics Co. Ltd. | 3000 | 12796 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taichung Commercial Bank Co. Ltd. | 281071 | 209342 |
| &nbsp;&nbsp;&nbsp;&nbsp;TaiDoc Technology Corp. | 7000 | 28020 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taiflex Scientific Co. Ltd. | 26923 | 54150 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tainan Spinning Co. Ltd. | 21427 | 9456 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taiwan Business Bank | 453954 | 234588 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taiwan Cogeneration Corp. | 27000 | 42212 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taiwan Cooperative Financial Holding Co. Ltd. | 350093 | 283148 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taiwan Fertilizer Co. Ltd. | 48000 | 77485 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taiwan Fire & Marine Insurance Co. Ltd. | 12000 | 14765 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taiwan FU Hsing Industrial Co. Ltd. <> | 21000 | 30868 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taiwan Glass Industry Corp. \* | 81321 | 73108 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taiwan Hon Chuan Enterprise Co. Ltd. | 26612 | 111327 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taiwan Mobile Co. Ltd. | 90000 | 321871 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taiwan Navigation Co. Ltd. | 22000 | 19778 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taiwan Paiho Ltd. | 12000 | 21301 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taiwan PCB Techvest Co. Ltd. | 28000 | 32017 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taiwan Sakura Corp. | 6000 | 16851 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taiwan Sanyo Electric Co. Ltd. | 10000 | 12222 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taiwan Secom Co. Ltd. | 7000 | 25609 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taiwan Semiconductor Co. Ltd. | 10000 | 18046 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taiwan Shin Kong Security Co. Ltd. | 19100 | 25600 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taiwan Surface Mounting Technology Corp. | 21518 | 73779 |
| &nbsp;&nbsp;&nbsp;&nbsp;Taiwan Union Technology Corp. | 11000 | 113508 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tatung Co. Ltd. | 98800 | 125615 |
| &nbsp;&nbsp;&nbsp;&nbsp;TCC Group Holdings Co. Ltd. | 380971 | 299997 |
| &nbsp;&nbsp;&nbsp;&nbsp;TCI Co. Ltd. | 5000 | 19276 |
| &nbsp;&nbsp;&nbsp;&nbsp;Teco Electric & Machinery Co. Ltd. | 65000 | 202818 |
| &nbsp;&nbsp;&nbsp;&nbsp;Test Research, Inc. | 11000 | 64424 |
| &nbsp;&nbsp;&nbsp;&nbsp;Thinking Electronic Industrial Co. Ltd. | 4000 | 22442 |
| &nbsp;&nbsp;&nbsp;&nbsp;Thye Ming Industrial Co. Ltd. | 8000 | 14830 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ton Yi Industrial Corp. | 82000 | 48159 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tong Hsing Electronic Industries Ltd. | 12870 | 48984 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tong Yang Industry Co. Ltd. | 29921 | 91693 |
| &nbsp;&nbsp;&nbsp;&nbsp;Topco Scientific Co. Ltd. | 8115 | 83605 |
| &nbsp;&nbsp;&nbsp;&nbsp;Topkey Corp. | 3000 | 18997 |
| &nbsp;&nbsp;&nbsp;&nbsp;TPK Holding Co. Ltd. | 34000 | 44009 |
| &nbsp;&nbsp;&nbsp;&nbsp;Transcend Information, Inc. | 10000 | 36092 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tripod Technology Corp. | 29000 | 285928 |
| &nbsp;&nbsp;&nbsp;&nbsp;TS Financial Holding Co. Ltd. | 1301036 | 768379 |
| &nbsp;&nbsp;&nbsp;&nbsp;TSRC Corp. | 26000 | 13820 |
| &nbsp;&nbsp;&nbsp;&nbsp;TTY Biopharm Co. Ltd. | 17000 | 43674 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Tung Ho Steel Enterprise Corp. | 47290 | $94183 |
| &nbsp;&nbsp;&nbsp;&nbsp;TXC Corp. | 16000 | 47720 |
| &nbsp;&nbsp;&nbsp;&nbsp;TYC Brother Industrial Co. Ltd. | 21000 | 28973 |
| &nbsp;&nbsp;&nbsp;&nbsp;U-Ming Marine Transport Corp. | 27000 | 50584 |
| &nbsp;&nbsp;&nbsp;&nbsp;Uni-President Enterprises Corp. | 284000 | 730547 |
| &nbsp;&nbsp;&nbsp;&nbsp;Unimicron Technology Corp. | 87000 | 432459 |
| &nbsp;&nbsp;&nbsp;&nbsp;Union Bank of Taiwan | 79276 | 46690 |
| &nbsp;&nbsp;&nbsp;&nbsp;Unitech Printed Circuit Board Corp. | 55184 | 48343 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Microelectronics Corp. | 499513 | 746532 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Microelectronics Corp., ADR | 56252 | 426390 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Orthopedic Corp. | 7000 | 28250 |
| &nbsp;&nbsp;&nbsp;&nbsp;United Renewable Energy Co. Ltd. \* | 24000 | 5418 |
| &nbsp;&nbsp;&nbsp;&nbsp;Universal Cement Corp. | 49205 | 49483 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vanguard International Semiconductor Corp. | 47576 | 159221 |
| &nbsp;&nbsp;&nbsp;&nbsp;Via Technologies, Inc. | 8000 | 14594 |
| &nbsp;&nbsp;&nbsp;&nbsp;Visco Vision, Inc. | 2000 | 13420 |
| &nbsp;&nbsp;&nbsp;&nbsp;VisEra Technologies Co. Ltd. | 3000 | 27561 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vizionfocus, Inc. | 2000 | 11746 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wafer Works Corp. \* | 35503 | 35470 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wah Lee Industrial Corp. | 18420 | 57657 |
| &nbsp;&nbsp;&nbsp;&nbsp;Walsin Lihwa Corp. | 160198 | 136398 |
| &nbsp;&nbsp;&nbsp;&nbsp;Walsin Technology Corp. | 28000 | 96004 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wan Hai Lines Ltd. | 58000 | 141394 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wei Chuan Foods Corp. | 14000 | 7074 |
| &nbsp;&nbsp;&nbsp;&nbsp;Weikeng Industrial Co. Ltd. | 32945 | 30375 |
| &nbsp;&nbsp;&nbsp;&nbsp;Win Semiconductors Corp. | 25000 | 76202 |
| &nbsp;&nbsp;&nbsp;&nbsp;Winbond Electronics Corp. \* | 222378 | 248441 |
| &nbsp;&nbsp;&nbsp;&nbsp;Winstek Semiconductor Co. Ltd. | 3000 | 9469 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wisdom Marine Lines Co. Ltd. | 27019 | 52038 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wistron Corp. | 174431 | 804106 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wiwynn Corp. | 2000 | 217534 |
| &nbsp;&nbsp;&nbsp;&nbsp;WNC Corp. | 26429 | 101023 |
| &nbsp;&nbsp;&nbsp;&nbsp;Wowprime Corp. | 3000 | 22639 |
| &nbsp;&nbsp;&nbsp;&nbsp;WPG Holdings Ltd. | 95400 | 206901 |
| &nbsp;&nbsp;&nbsp;&nbsp;WT Microelectronics Co. Ltd. | 34360 | 158396 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xxentria Technology Materials Corp. | 10900 | 13858 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yageo Corp. | 115800 | 645909 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yang Ming Marine Transport Corp. | 106000 | 184330 |
| &nbsp;&nbsp;&nbsp;&nbsp;YC INOX Co. Ltd. | 29977 | 19376 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yea Shin International Development Co. Ltd. | 1065 | 891 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yem Chio Co. Ltd. | 23119 | 10733 |
| &nbsp;&nbsp;&nbsp;&nbsp;YFY, Inc. | 110385 | 92356 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yieh Phui Enterprise Co. Ltd. \* | 56254 | 28793 |
| &nbsp;&nbsp;&nbsp;&nbsp;Youngtek Electronics Corp. | 12000 | 23624 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yuanta Financial Holding Co. Ltd. | 696396 | 796292 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yulon Finance Corp. | 16800 | 55949 |
| &nbsp;&nbsp;&nbsp;&nbsp;Yulon Motor Co. Ltd. | 54247 | 62118 |
| &nbsp;&nbsp;&nbsp;&nbsp;YungShin Global Holding Corp. | 7000 | 13459 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zeng Hsing Industrial Co. Ltd. | 2148 | 6371 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zero One Technology Co. Ltd. | 9000 | 36469 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zhen Ding Technology Holding Ltd. | 55000 | 299560 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zippy Technology Corp. | 12000 | 20434 |
| &nbsp;&nbsp;&nbsp;&nbsp;Zyxel Group Corp. | 31438 | 35019 |
|  |  | 44625118 |
| ***Thailand — 1.3%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;AP Thailand PCL | 242500 | 66228 |
| &nbsp;&nbsp;&nbsp;&nbsp;Asset World Corp. PCL | 202400 | 18738 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bangchak Corp. PCL | 73300 | 69556 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bangkok Bank PCL | 56300 | 258871 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bangkok Bank PCL, NVDR | 13300 | 61154 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bangkok Commercial Asset Management PCL | 116500 | 27862 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA Emerging Markets Value Fund**

PORTFOLIO OF INVESTMENTS — AS OF SEPTEMBER 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***Thailand (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Bangkok Life Assurance PCL, NVDR | 26800 | $15548 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banpu PCL | 429750 | 60209 |
| &nbsp;&nbsp;&nbsp;&nbsp;Berli Jucker PCL | 64800 | 40994 |
| &nbsp;&nbsp;&nbsp;&nbsp;BKI Holdings PCL, Class F | 2100 | 19765 |
| &nbsp;&nbsp;&nbsp;&nbsp;Charoen Pokphand Foods PCL | 179100 | 123250 |
| &nbsp;&nbsp;&nbsp;&nbsp;CP Axtra PCL | 56521 | 39245 |
| &nbsp;&nbsp;&nbsp;&nbsp;Energy Absolute PCL \* | 103600 | 12405 |
| &nbsp;&nbsp;&nbsp;&nbsp;GFPT PCL | 33300 | 10225 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hana Microelectronics PCL | 30500 | 21460 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kasikornbank PCL, NVDR | 27100 | 140079 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kiatnakin Phatra Bank PCL | 21900 | 39705 |
| &nbsp;&nbsp;&nbsp;&nbsp;Krung Thai Bank PCL | 162475 | 124344 |
| &nbsp;&nbsp;&nbsp;&nbsp;PTT Exploration & Production PCL | 46400 | 164666 |
| &nbsp;&nbsp;&nbsp;&nbsp;PTT Global Chemical PCL | 123028 | 94535 |
| &nbsp;&nbsp;&nbsp;&nbsp;PTT PCL | 781100 | 801468 |
| &nbsp;&nbsp;&nbsp;&nbsp;Quality Houses PCL | 368100 | 20106 |
| &nbsp;&nbsp;&nbsp;&nbsp;Regional Container Lines PCL | 17100 | 13984 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sansiri PCL | 1106700 | 49862 |
| &nbsp;&nbsp;&nbsp;&nbsp;Siam Cement PCL (The) | 31500 | 223577 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sri Trang Agro-Industry PCL | 57200 | 22241 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sri Trang Gloves Thailand PCL | 50900 | 11466 |
| &nbsp;&nbsp;&nbsp;&nbsp;Star Petroleum Refining PCL | 80000 | 11801 |
| &nbsp;&nbsp;&nbsp;&nbsp;Stecon Group PCL \* | 70300 | 15945 |
| &nbsp;&nbsp;&nbsp;&nbsp;Supalai PCL | 115700 | 64982 |
| &nbsp;&nbsp;&nbsp;&nbsp;Thai Oil PCL | 78877 | 85194 |
| &nbsp;&nbsp;&nbsp;&nbsp;Thanachart Capital PCL | 17800 | 27602 |
| &nbsp;&nbsp;&nbsp;&nbsp;TMBThanachart Bank PCL | 534672 | 31349 |
| &nbsp;&nbsp;&nbsp;&nbsp;TPI Polene PCL | 676600 | 15868 |
| &nbsp;&nbsp;&nbsp;&nbsp;WHA Corp. PCL | 253200 | 27816 |
|  |  | 2832100 |
| ***Turkey — 0.7%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alarko Holding AS | 8981 | 17777 |
| &nbsp;&nbsp;&nbsp;&nbsp;Albaraka Turk Katilim Bankasi AS | 137184 | 27287 |
| &nbsp;&nbsp;&nbsp;&nbsp;Aygaz AS | 2629 | 11534 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dogan Sirketler Grubu Holding AS | 84330 | 34744 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dogus Otomotiv Servis ve Ticaret AS | 5901 | 24965 |
| &nbsp;&nbsp;&nbsp;&nbsp;Enka Insaat ve Sanayi AS | 52886 | 89548 |
| &nbsp;&nbsp;&nbsp;&nbsp;Eregli Demir ve Celik Fabrikalari TAS | 123498 | 87328 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS, Class D \* | 72396 | 49451 |
| &nbsp;&nbsp;&nbsp;&nbsp;KOC Holding AS | 47064 | 195717 |
| &nbsp;&nbsp;&nbsp;&nbsp;Petkim Petrokimya Holding AS \* | 66430 | 28903 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sekerbank Turk AS | 183608 | 29809 |
| &nbsp;&nbsp;&nbsp;&nbsp;Turk Hava Yollari AO | 44707 | 338712 |
| &nbsp;&nbsp;&nbsp;&nbsp;Turk Telekomunikasyon AS \* | 40171 | 49082 |
| &nbsp;&nbsp;&nbsp;&nbsp;Turkcell Iletisim Hizmetleri AS | 82156 | 193350 |
| &nbsp;&nbsp;&nbsp;&nbsp;Turkiye Petrol Rafinerileri AS | 53319 | 239169 |
| &nbsp;&nbsp;&nbsp;&nbsp;Turkiye Sinai Kalkinma Bankasi AS \* | 37637 | 12094 |
| &nbsp;&nbsp;&nbsp;&nbsp;Turkiye Sise ve Cam Fabrikalari AS | 63955 | 57406 |
|  |  | 1486876 |
| ***United Arab Emirates — 1.5%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Abu Dhabi Commercial Bank PJSC | 64771 | 257105 |
| &nbsp;&nbsp;&nbsp;&nbsp;Abu Dhabi National Hotels | 397983 | 47892 |
| &nbsp;&nbsp;&nbsp;&nbsp;Abu Dhabi Ports Co. PJSC \* | 54207 | 55047 |
| &nbsp;&nbsp;&nbsp;&nbsp;ADNOC Logistics & Services | 23278 | 36631 |
| &nbsp;&nbsp;&nbsp;&nbsp;Agthia Group PJSC | 11305 | 11850 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ajman Bank PJSC | 74597 | 29042 |
| &nbsp;&nbsp;&nbsp;&nbsp;Amanat Holdings PJSC | 45835 | 14226 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| &nbsp;&nbsp;&nbsp;&nbsp;Bank of Sharjah \* | 40477 | $15428 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dana Gas PJSC | 486882 | 100742 |
| &nbsp;&nbsp;&nbsp;&nbsp;Deyaar Development PJSC | 130763 | 35565 |
| &nbsp;&nbsp;&nbsp;&nbsp;Dubai Investments PJSC | 167588 | 137792 |
| &nbsp;&nbsp;&nbsp;&nbsp;Emaar Properties PJSC | 315614 | 1121347 |
| &nbsp;&nbsp;&nbsp;&nbsp;Emirates NBD Bank PJSC | 115027 | 760991 |
| &nbsp;&nbsp;&nbsp;&nbsp;EMSTEEL Building Materials PJSC \* | 112430 | 35507 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Abu Dhabi Bank PJSC | 53799 | 229078 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ghitha Holding PJSC \* | 1680 | 12285 |
| &nbsp;&nbsp;&nbsp;&nbsp;Modon Holding PSC \* | 121014 | 114983 |
| &nbsp;&nbsp;&nbsp;&nbsp;Multiply Group PJSC \* | 133955 | 106127 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Central Cooling Co. PJSC | 13972 | 10917 |
| &nbsp;&nbsp;&nbsp;&nbsp;RAK Properties PJSC \* | 93395 | 37632 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ras Al Khaimah Ceramics PJSC | 45645 | 30073 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sharjah Islamic Bank | 57449 | 44107 |
|  |  | 3244367 |
| ***United States — 0.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;GCC SAB de CV | 9763 | 92397 |
| &nbsp;&nbsp;&nbsp;&nbsp;JBS NV, BDR \* | 1446 | 21624 |
|  |  | 114021 |
| &nbsp;&nbsp;&nbsp;&nbsp;TOTAL COMMON STOCKS <br> (Identified Cost $158,281,260) |  | 213236963 |
| **PREFERRED STOCKS — 0.8%** |  |  |
| ***Brazil — 0.8%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco ABC Brasil SA, 8.370% | 9087 | 39696 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco Bradesco SA, 8.713% | 100741 | 334841 |
| &nbsp;&nbsp;&nbsp;&nbsp;Banco do Estado do Rio Grande do Sul SA, 10.386% | 14808 | 33248 |
| &nbsp;&nbsp;&nbsp;&nbsp;Petroleo Brasileiro SA - Petrobras, 9.585% | 195991 | 1158510 |
| &nbsp;&nbsp;&nbsp;&nbsp;Raizen SA, 0.982% \* | 74020 | 14186 |
| &nbsp;&nbsp;&nbsp;&nbsp;Randon SA Implementos e Participacoes, 4.165% | 9200 | 10631 |
|  |  | 1591112 |
| ***Colombia — 0.0%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Grupo Argos SA, 5.757% | 3541 | 10387 |
| &nbsp;&nbsp;&nbsp;&nbsp;Grupo de Inversiones Suramericana SA, 4.085% | 4895 | 44324 |
|  |  | 54711 |
| ***Taiwan — 0.0%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;TS Financial Holding Co. Ltd. \* | 26073 | 7905 |
| &nbsp;&nbsp;&nbsp;&nbsp;TOTAL PREFERRED STOCKS<br> (Identified Cost $926,336) |  | 1653728 |
| ***RIGHTS AND WARRANTS — 0.0%*** |  |  |
| ***Hong Kong — 0.0%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Sihuan Pharmaceutical Holdings Group Ltd. \*<> | 35 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;TOTAL RIGHTS AND WARRANTS <br> (Identified Cost $0) |  |  |
| ***SHORT-TERM INVESTMENTS — 0.5%*** |  |  |
| ***Investment Company — 0.2%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Institutional U.S. Government Money Market Fund 3.840% | 398835 | 398835 |
| ***Collateral For Securities On Loan — 0.3%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Navigator Securities Lending Government Money Market Portfolio 4.180% | 564930 | 564930 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA Emerging Markets Value Fund**

PORTFOLIO OF INVESTMENTS — AS OF SEPTEMBER 30, 2025 (Unaudited) (Continued)

---

| | |
|:---|:---|
|  | **VALUE†** |
| **SHORT-TERM INVESTMENTS (Continued)** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;TOTAL SHORT-TERM INVESTMENTS <br> (Identified Cost $963,765) | $963765 |
| **Total Investments — 101.4%** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;**(Identified Cost $160,171,361)** | **215854456** |
| &nbsp;&nbsp;&nbsp;&nbsp;Liabilities in excess of Cash and Other Assets — (1.4%) | (2938648) |
| **Net Assets — 100.0%** | $**212915808** |

---

---

| | |
|:---|:---|
| † | See Note 1 |
| \* | Non-income producing security |
| ± | 144A Securities. Securities exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration to qualified institutional buyers. These securities have been deemed by the Fund to be liquid and at September 30, 2025 amounted to $5,006,380 or 2.35% of the net assets of the Fund. |
| @ | A portion or all of the security was held on loan. As of September 30, 2025, the fair value of the securities on loan was $7,171,392. |
| § | Fair valued security. Security is valued using significant unobservable inputs as determined pursuant to procedures approved by the Fund's Board of Trustees. See Note 1 |
| <> | Fair valued security. Security is valued using significant observable inputs other than quoted prices as determined pursuant to procedures approved by the Fund's Board of Trustees. See Note 1 |

---

Key to abbreviations:

ADR — American Depository Receipt

BDR — Brazilian Depository Receipt

GDR — Global Depository Receipt

NVDR — Non-Voting Depository Receipt

*The accompanying notes are an integral part of these portfolio of investments.*

**SA Real Estate Securities Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS — 99.4%** |  |  |
| ***Diversified REITs — 2.3%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alexander & Baldwin, Inc. | 6370 | $115870 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alpine Income Property Trust, Inc. | 1013 | 14354 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Assets Trust, Inc. | 4156 | 84450 |
| &nbsp;&nbsp;&nbsp;&nbsp;Broadstone Net Lease, Inc. | 17587 | 314280 |
| &nbsp;&nbsp;&nbsp;&nbsp;CTO Realty Growth, Inc. | 2292 | 37360 |
| &nbsp;&nbsp;&nbsp;&nbsp;Essential Properties Realty Trust, Inc. | 19181 | 570826 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gladstone Commercial Corp. | 3518 | 43342 |
| &nbsp;&nbsp;&nbsp;&nbsp;Global Net Lease, Inc. | 20205 | 164267 |
| &nbsp;&nbsp;&nbsp;&nbsp;Modiv Industrial, Inc. | 764 | 11185 |
| &nbsp;&nbsp;&nbsp;&nbsp;One Liberty Properties, Inc. | 1495 | 33069 |
| &nbsp;&nbsp;&nbsp;&nbsp;WP Carey, Inc. | 20388 | 1377617 |
|  |  | 2766620 |
| ***Diversified Telecommunication Services — 0.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Uniti Group, Inc. | 12284 | 75178 |
| ***Health Care REITs — 15.4%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Alexandria Real Estate Equities, Inc. | 14530 | 1210930 |
| &nbsp;&nbsp;&nbsp;&nbsp;American Healthcare REIT, Inc. | 11765 | 494248 |
| &nbsp;&nbsp;&nbsp;&nbsp;CareTrust REIT, Inc. | 19103 | 662492 |
| &nbsp;&nbsp;&nbsp;&nbsp;Community Healthcare Trust, Inc. | 2728 | 41738 |
| &nbsp;&nbsp;&nbsp;&nbsp;Diversified Healthcare Trust | 9600 | 42336 |
| &nbsp;&nbsp;&nbsp;&nbsp;Global Medical REIT, Inc. | 1025 | 34553 |
| &nbsp;&nbsp;&nbsp;&nbsp;Healthcare Realty Trust, Inc. | 31194 | 562428 |
| &nbsp;&nbsp;&nbsp;&nbsp;Healthpeak Properties, Inc. | 66626 | 1275888 |
| &nbsp;&nbsp;&nbsp;&nbsp;LTC Properties, Inc. | 3972 | 146408 |
| &nbsp;&nbsp;&nbsp;&nbsp;Medical Properties Trust, Inc. @ | 50086 | 253936 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Health Investors, Inc. | 4395 | 349403 |
| &nbsp;&nbsp;&nbsp;&nbsp;Omega Healthcare Investors, Inc. | 24829 | 1048280 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sabra Health Care REIT, Inc. | 21315 | 397312 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sila Realty Trust, Inc. | 2653 | 66590 |
| &nbsp;&nbsp;&nbsp;&nbsp;Universal Health Realty Income Trust | 1361 | 53310 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ventas, Inc. | 43260 | 3027767 |
| &nbsp;&nbsp;&nbsp;&nbsp;Welltower, Inc. | 48735 | 8681653 |
|  |  | 18349272 |
| ***Hotel & Resort REITs — 2.3%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Apple Hospitality REIT, Inc. | 19108 | 229487 |
| &nbsp;&nbsp;&nbsp;&nbsp;Chatham Lodging Trust | 5496 | 36878 |
| &nbsp;&nbsp;&nbsp;&nbsp;DiamondRock Hospitality Co. | 15945 | 126922 |
| &nbsp;&nbsp;&nbsp;&nbsp;Host Hotels & Resorts, Inc. | 66789 | 1136749 |
| &nbsp;&nbsp;&nbsp;&nbsp;Park Hotels & Resorts, Inc. @ | 17492 | 193811 |
| &nbsp;&nbsp;&nbsp;&nbsp;Pebblebrook Hotel Trust | 9868 | 112397 |
| &nbsp;&nbsp;&nbsp;&nbsp;RLJ Lodging Trust @ | 10992 | 79142 |
| &nbsp;&nbsp;&nbsp;&nbsp;Ryman Hospitality Properties, Inc. | 5706 | 511201 |
| &nbsp;&nbsp;&nbsp;&nbsp;Service Properties Trust | 13346 | 36168 |
| &nbsp;&nbsp;&nbsp;&nbsp;Summit Hotel Properties, Inc. | 10209 | 56047 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sunstone Hotel Investors, Inc. | 19666 | 184270 |
| &nbsp;&nbsp;&nbsp;&nbsp;Xenia Hotels & Resorts, Inc. | 9259 | 127034 |
|  |  | 2830106 |
| ***Industrial REITs — 10.1%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Americold Realty Trust, Inc. | 26726 | 327126 |
| &nbsp;&nbsp;&nbsp;&nbsp;EastGroup Properties, Inc. | 5113 | 865426 |
| &nbsp;&nbsp;&nbsp;&nbsp;First Industrial Realty Trust, Inc. | 11875 | 611206 |
| &nbsp;&nbsp;&nbsp;&nbsp;Industrial Logistics Properties Trust | 5224 | 30456 |
| &nbsp;&nbsp;&nbsp;&nbsp;Innovative Industrial Properties, Inc. | 2731 | 146327 |
| &nbsp;&nbsp;&nbsp;&nbsp;LXP Industrial Trust | 28188 | 252565 |
| &nbsp;&nbsp;&nbsp;&nbsp;Plymouth Industrial REIT, Inc. | 4195 | 93674 |
| &nbsp;&nbsp;&nbsp;&nbsp;Prologis, Inc. | 66353 | 7598746 |
| &nbsp;&nbsp;&nbsp;&nbsp;Rexford Industrial Realty, Inc. | 22254 | 914862 |
| &nbsp;&nbsp;&nbsp;&nbsp;STAG Industrial, Inc. | 18420 | 650042 |
| &nbsp;&nbsp;&nbsp;&nbsp;Terreno Realty Corp. | 9837 | 558250 |
|  |  | 12048680 |

---

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| ***Office REITs — 3.8%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Brandywine Realty Trust | 17779 | $74139 |
| &nbsp;&nbsp;&nbsp;&nbsp;BXP, Inc. | 13815 | 1027007 |
| &nbsp;&nbsp;&nbsp;&nbsp;COPT Defense Properties | 10197 | 296325 |
| &nbsp;&nbsp;&nbsp;&nbsp;Cousins Properties, Inc. | 15828 | 458062 |
| &nbsp;&nbsp;&nbsp;&nbsp;Douglas Emmett, Inc. | 15452 | 240588 |
| &nbsp;&nbsp;&nbsp;&nbsp;Easterly Government Properties, Inc. | 3870 | 88739 |
| &nbsp;&nbsp;&nbsp;&nbsp;Empire State Realty Trust, Inc., Class A | 11500 | 88090 |
| &nbsp;&nbsp;&nbsp;&nbsp;Highwoods Properties, Inc. | 9799 | 311804 |
| &nbsp;&nbsp;&nbsp;&nbsp;Hudson Pacific Properties, Inc. \* | 22166 | 61178 |
| &nbsp;&nbsp;&nbsp;&nbsp;JBG SMITH Properties @ | 6335 | 140954 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kilroy Realty Corp. @ | 9917 | 418993 |
| &nbsp;&nbsp;&nbsp;&nbsp;NET Lease Office Properties | 1572 | 46626 |
| &nbsp;&nbsp;&nbsp;&nbsp;Paramount Group, Inc. \* | 16302 | 106615 |
| &nbsp;&nbsp;&nbsp;&nbsp;Peakstone Realty Trust | 1614 | 21176 |
| &nbsp;&nbsp;&nbsp;&nbsp;Piedmont Realty Trust, Inc. | 10998 | 98982 |
| &nbsp;&nbsp;&nbsp;&nbsp;Postal Realty Trust, Inc., Class A | 1457 | 22860 |
| &nbsp;&nbsp;&nbsp;&nbsp;SL Green Realty Corp. | 6457 | 386193 |
| &nbsp;&nbsp;&nbsp;&nbsp;Vornado Realty Trust | 15278 | 619217 |
|  |  | 4507548 |
| ***Residential REITs — 13.8%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;American Homes 4 Rent, Class A | 33305 | 1107391 |
| &nbsp;&nbsp;&nbsp;&nbsp;Apartment Investment & Management Co., Class A | 13399 | 106254 |
| &nbsp;&nbsp;&nbsp;&nbsp;AvalonBay Communities, Inc. | 13495 | 2606829 |
| &nbsp;&nbsp;&nbsp;&nbsp;Bluerock Homes Trust, Inc. | 412 | 4936 |
| &nbsp;&nbsp;&nbsp;&nbsp;BRT Apartments Corp. | 400 | 6264 |
| &nbsp;&nbsp;&nbsp;&nbsp;Camden Property Trust | 9968 | 1064383 |
| &nbsp;&nbsp;&nbsp;&nbsp;Centerspace | 1534 | 90353 |
| &nbsp;&nbsp;&nbsp;&nbsp;Clipper Realty, Inc. @ | 1167 | 4435 |
| &nbsp;&nbsp;&nbsp;&nbsp;Elme Communities | 7318 | 123381 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equity LifeStyle Properties, Inc. | 16556 | 1004949 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equity Residential | 33819 | 2189104 |
| &nbsp;&nbsp;&nbsp;&nbsp;Essex Property Trust, Inc. | 6105 | 1634064 |
| &nbsp;&nbsp;&nbsp;&nbsp;Independence Realty Trust, Inc. | 21679 | 355319 |
| &nbsp;&nbsp;&nbsp;&nbsp;Invitation Homes, Inc. | 58813 | 1724985 |
| &nbsp;&nbsp;&nbsp;&nbsp;Mid-America Apartment Communities, Inc. | 10500 | 1467165 |
| &nbsp;&nbsp;&nbsp;&nbsp;NexPoint Residential Trust, Inc. | 2313 | 74525 |
| &nbsp;&nbsp;&nbsp;&nbsp;Sun Communities, Inc. | 11720 | 1511880 |
| &nbsp;&nbsp;&nbsp;&nbsp;UDR, Inc. | 30795 | 1147422 |
| &nbsp;&nbsp;&nbsp;&nbsp;UMH Properties, Inc. | 7288 | 108227 |
| &nbsp;&nbsp;&nbsp;&nbsp;Veris Residential, Inc. | 7019 | 106689 |
|  |  | 16438555 |
| ***Retail REITs — 16.7%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Acadia Realty Trust | 11503 | 231785 |
| &nbsp;&nbsp;&nbsp;&nbsp;Agree Realty Corp. | 10301 | 731783 |
| &nbsp;&nbsp;&nbsp;&nbsp;Alexander's, Inc. | 303 | 71051 |
| &nbsp;&nbsp;&nbsp;&nbsp;Brixmor Property Group, Inc. | 28480 | 788326 |
| &nbsp;&nbsp;&nbsp;&nbsp;CBL & Associates Properties, Inc. | 1387 | 42414 |
| &nbsp;&nbsp;&nbsp;&nbsp;Curbline Properties Corp. | 9588 | 213812 |
| &nbsp;&nbsp;&nbsp;&nbsp;Federal Realty Investment Trust | 7572 | 767119 |
| &nbsp;&nbsp;&nbsp;&nbsp;Getty Realty Corp. @ | 4639 | 124464 |
| &nbsp;&nbsp;&nbsp;&nbsp;InvenTrust Properties Corp. | 6885 | 197049 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kimco Realty Corp. | 67586 | 1476754 |
| &nbsp;&nbsp;&nbsp;&nbsp;Kite Realty Group Trust | 20516 | 457507 |
| &nbsp;&nbsp;&nbsp;&nbsp;Macerich Co. (The) | 22929 | 417308 |
| &nbsp;&nbsp;&nbsp;&nbsp;NETSTREIT Corp. @ | 6691 | 120839 |
| &nbsp;&nbsp;&nbsp;&nbsp;NNN REIT, Inc. | 18414 | 783884 |
| &nbsp;&nbsp;&nbsp;&nbsp;Phillips Edison & Co., Inc. | 12315 | 422774 |
| &nbsp;&nbsp;&nbsp;&nbsp;Realty Income Corp. | 86583 | 5263381 |
| &nbsp;&nbsp;&nbsp;&nbsp;Regency Centers Corp. | 17440 | 1271376 |
| &nbsp;&nbsp;&nbsp;&nbsp;Saul Centers, Inc. | 1365 | 43503 |
| &nbsp;&nbsp;&nbsp;&nbsp;Simon Property Group, Inc. | 30670 | 5755839 |
| &nbsp;&nbsp;&nbsp;&nbsp;SITE Centers Corp. | 4794 | 43194 |
| &nbsp;&nbsp;&nbsp;&nbsp;Tanger, Inc. | 10913 | 369296 |

---

*The accompanying notes are an integral part of these portfolio of investments.*

**SA Real Estate Securities Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited) (Continued)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **COMMON STOCKS (Continued)** |  |  |
| ***Retail REITs (Continued)*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Urban Edge Properties | 12150 | $248711 |
| &nbsp;&nbsp;&nbsp;&nbsp;Whitestone REIT | 4776 | 58649 |
|  |  | 19900818 |
| ***Specialized REITs — 34.9%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;American Tower Corp. | 37332 | 7179690 |
| &nbsp;&nbsp;&nbsp;&nbsp;Crown Castle, Inc. | 41329 | 3987835 |
| &nbsp;&nbsp;&nbsp;&nbsp;CubeSmart | 20452 | 831578 |
| &nbsp;&nbsp;&nbsp;&nbsp;Digital Realty Trust, Inc. | 30543 | 5280274 |
| &nbsp;&nbsp;&nbsp;&nbsp;EPR Properties | 7659 | 444299 |
| &nbsp;&nbsp;&nbsp;&nbsp;Equinix, Inc. | 7156 | 5604865 |
| &nbsp;&nbsp;&nbsp;&nbsp;Esc War Ind \*§ | 9141 |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Extra Space Storage, Inc. | 19722 | 2779619 |
| &nbsp;&nbsp;&nbsp;&nbsp;Four Corners Property Trust, Inc. @ | 9280 | 226432 |
| &nbsp;&nbsp;&nbsp;&nbsp;Gaming & Leisure Properties, Inc. | 27133 | 1264669 |
| &nbsp;&nbsp;&nbsp;&nbsp;Global Self Storage, Inc. | 997 | 5015 |
| &nbsp;&nbsp;&nbsp;&nbsp;Iron Mountain, Inc. | 28188 | 2873485 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lamar Advertising Co., Class A | 8889 | 1088191 |
| &nbsp;&nbsp;&nbsp;&nbsp;National Storage Affiliates Trust | 7272 | 219760 |
| &nbsp;&nbsp;&nbsp;&nbsp;Outfront Media, Inc. | 13931 | 255216 |
| &nbsp;&nbsp;&nbsp;&nbsp;Public Storage | 14943 | 4316286 |
| &nbsp;&nbsp;&nbsp;&nbsp;SBA Communications Corp. | 10655 | 2060144 |
| &nbsp;&nbsp;&nbsp;&nbsp;VICI Properties, Inc. | 99056 | 3230216 |
|  |  | 41647574 |
| &nbsp;&nbsp;&nbsp;&nbsp;TOTAL COMMON STOCKS <br> (Identified Cost $69,439,408) |  | 118564351 |
| **SHORT-TERM INVESTMENTS — 1.1%** | **SHORT-TERM INVESTMENTS — 1.1%** |  |
| ***Investment Company — 0.3%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Institutional U.S. Government Money Market Fund 3.840% | 417933 | 417933 |
| ***Collateral For Securities On Loan — 0.8%*** | ***Collateral For Securities On Loan — 0.8%*** |  |
| &nbsp;&nbsp;&nbsp;&nbsp;State Street Navigator Securities Lending Government Money Market Portfolio 4.180% | 920186 | 920186 |
| &nbsp;&nbsp;&nbsp;&nbsp;TOTAL SHORT-TERM INVESTMENTS<br> (Identified Cost $1,338,119) |  | 1338119 |
| **Total Investments — 100.5% <br> (Identified Cost $70,777,527)** |  | **119902470** |
| &nbsp;&nbsp;&nbsp;&nbsp;Liabilities in excess of Cash and Other Assets — (0.5%) | &nbsp;&nbsp;&nbsp;&nbsp;Liabilities in excess of Cash and Other Assets — (0.5%) | **(589763)** |
| **Net Assets — 100.0%** |  | $**119312707** |

---

---

| | |
|:---|:---|
| † | See Note 1 |
| \* | Non-income producing security |
| @ | A portion or all of the security was held on loan. As of September 30, 2025, the fair value of the securities on loan was $1,514,986. |
| § | Fair valued security. Security is valued using significant unobservable inputs as determined pursuant to procedures approved by the Fund's Board of Trustees. See Note 1 |

---

Key to abbreviations:

REIT — Real Estate Investment Trust

*The accompanying notes are an integral part of these portfolio of investments.*

**SA Worldwide Moderate Growth Fund**

PORTFOLIO OF INVESTMENTS — AS OF September 30, 2025 (Unaudited)

---

| | | |
|:---|:---|:---|
|  | **SHARES** | **VALUE†** |
| **MUTUAL FUNDS — 100.0%** |  |  |
| ***Others — 100.0%*** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;SA Emerging Markets Value Fund € | 122974 | $1495367 |
| &nbsp;&nbsp;&nbsp;&nbsp;SA Global Fixed Income Fund € | 378574 | 3354164 |
| &nbsp;&nbsp;&nbsp;&nbsp;SA International Value Fund € | 264861 | 4489396 |
| &nbsp;&nbsp;&nbsp;&nbsp;SA Real Estate Securities Fund € | 58049 | 673945 |
| &nbsp;&nbsp;&nbsp;&nbsp;SA U.S. Core Market Fund € | 92190 | 3753959 |
| &nbsp;&nbsp;&nbsp;&nbsp;SA U.S. Fixed Income Fund € | 345973 | 3349018 |
| &nbsp;&nbsp;&nbsp;&nbsp;SA U.S. Small Company Fund € | 47457 | 1491570 |
| &nbsp;&nbsp;&nbsp;&nbsp;SA U.S. Value Fund € | 155357 | 3792254 |
|  |  | 22399673 |
| &nbsp;&nbsp;&nbsp;&nbsp;TOTAL MUTUAL FUNDS <br> (Identified Cost $17,565,006) |  | 22399673 |
| **Total Investments — 100.0% <br> (Identified Cost $17,565,006)** |  | **22399673** |
| &nbsp;&nbsp;&nbsp;&nbsp;Liabilities in excess of Cash and Other Assets — 0.0% |  | (565) |
| **Net Assets — 100.0%** |  | $**22399108** |

---

&nbsp;&nbsp;&nbsp;&nbsp;† See Note 1

€ SA Worldwide Moderate Growth Fund invests substantially all of its assets in the affiliated Underlying SA Funds.

*The accompanying notes are an integral part of these portfolio of investments.*

SA FUNDS

NOTES TO FINANCIAL STATEMENTS – September 30, 2025 (Unaudited)

**Security Valuation** — Domestic equity securities listed on an exchange or stock market for which market quotations are readily available are valued according to the official closing price, if any, or at their last reported sale price on the exchange or stock market where the security is primarily traded, or in the absence of such reported prices, at the mean between the most recent quoted bid and asked prices. Domestic equity securities traded on the over-the-counter markets are valued at the mean between the most recent quoted bid and asked prices in the absence of an official closing price or last reported sale price.

Foreign equity securities traded on a foreign exchange or over-the-counter markets are generally valued at the most recent quoted bid price in the absence of an official closing price or last reported sale price. Foreign securities quoted in foreign currencies are translated into U.S. dollars using prevailing exchange rates.

Fixed income investments are generally valued based on prices received from independent pricing services. In determining the value of a fixed income investment, pricing services may use certain information with respect to transactions in such investments, quotations from dealers, pricing matrixes, market transactions in comparable investments, various relationships observed in the market between investments and calculated yield measures.

Shares of registered open-end investment companies are valued at the investment company's net asset value. Forward currency contracts are valued based on prices received from independent pricing services. Securities for which market quotations are not readily available, or for which available quotations appear to accurately reflect the current value of an investment, are valued at fair value as determined in good faith by the valuation designee ("Valuation Designee") appointed by the Board of Trustees (the "Board" or "Trustees") pursuant to procedures approved by the Board of Trustees. The Board of Trustees has designated Focus Partners Advisor Solutions, LLC (the "Adviser") as the Valuation Designee for the Funds.

Certain Funds hold securities traded in foreign markets. Foreign securities are valued at the latest market price in the foreign market. However, if events occurring after the close of the foreign market (but before the close of regular trading on the New York Stock Exchange) are believed to materially affect the value of those securities, such securities may be valued at fair value as determined in good faith by the Valuation Designee.

**Fair Value Measurement** — The Board has adopted procedures to fair value securities and other assets of each Fund when market prices are not readily available or do not accurately reflect their current market value. The Board has designated the responsibility for applying these fair valuation methods to the Valuation Designee. For example, a Fund may fair value an asset when it is delisted or trading is halted or suspended; when it has not been traded for an extended period of time; when its primary pricing source is unavailable or other data calls the primary source's reliability into question; or when its primary trading market is closed during regular U.S. market hours. Each Fund makes fair valuation determinations in accordance with the Trust's Procedures for Valuing Securities and Assets, as amended. The Valuation Designee may consider various factors, including unobservable market inputs when arriving at fair value. The Valuation Designee may use, but is not limited to, techniques such as review of related or comparable assets or liabilities, related market activities, recent transactions, market multiples, book value, and other relevant information when determining fair value. The Valuation Designee regularly reviews these inputs and assumptions when reviewing fair valuations of investments held by the Funds. Fair value pricing involves subjective judgement and it is possible that the fair value determined for an asset is materially different than the value that could be realized upon the sale of that asset. The inputs or methodologies used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

The Funds value their investments based on a three-level hierarchy of inputs that establishes classification of fair value measurements for disclosure purposes. If inputs used to measure a financial instrument fall within different levels of the hierarchy, the categorization is based on the lowest level input that is significant to the valuation. The three-level hierarchy of inputs is summarized in the three broad levels below.

SA FUNDS

NOTES TO FINANCIAL STATEMENTS – September 30, 2025 (Unaudited) (Continued)

Level 1 – unadjusted quoted prices in active markets for identical investments.

Level 2 – significant observable inputs other than quoted prices within Level 1 (including quoted prices for similar investments, interest rates, yield curves, foreign exchange rates, put or call provisions, credit risk and default rates for similar securities).

Level 3 – significant unobservable inputs to the extent that observable inputs are not available (including the Pricing Committee or Valuation Designee's own assumptions used to determine the fair value of investments).

The tables below provide a summary of the inputs as of September 30, 2025, in valuing each Fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Investments in Securities** | **Investments in Securities** | **Investments in Securities** | |
| <br>**Description** | **Unadjusted<br> Quoted Prices in<br> Active Markets<br> for Identical <br> Investments <br> (Level 1)** | **Significant<br> Other<br> Observable<br> Inputs<br> (Level 2)** | **Significant<br> Unobservable<br> Inputs<br> (Level 3)** |<br>**Total Fair Value<br> as of<br> September 30, 2025** |
| **SA U.S. Fixed Income Fund** |  |  |  |  |
| Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Yankee Corporate Bonds And Notes | $— | $62427878 | $— | $62427878 |
| &nbsp;&nbsp;&nbsp;Corporate Bonds and Notes |  | 235558740 |  | 235558740 |
| &nbsp;&nbsp;&nbsp;U.S. Government & Agency Obligations |  | 151312857 |  | 151312857 |
| &nbsp;&nbsp;&nbsp;Short-Term Investments | 1511081 |  |  | 1511081 |
| &nbsp;&nbsp;&nbsp;Total Investments | $1511081 | $449299475 | $— | $450810556 |
| **SA Global Fixed Income Fund** |  |  |  |  |
| Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Corporate Bonds and Notes | $— | $537584776 | $— | $537584776 |
| &nbsp;&nbsp;&nbsp;Short-Term Investments | 18910977 |  |  | 18910977 |
| &nbsp;&nbsp;&nbsp;Other Financial Instruments |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Forward Foreign Currency Exchange Contracts |  | 1482924 |  | 1482924 |
| &nbsp;&nbsp;&nbsp;Total Investments | $18910977 | $539067700 | $— | $557978677 |
| Liabilities |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Other Financial Instruments |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Forward Foreign Currency Exchange Contracts | $— | $(531105) | $— | $(531105) |
| **SA U.S. Core Market Fund** |  |  |  |  |
| Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Common Stocks | $672918316 | $— | $0 | $672918316 |
| &nbsp;&nbsp;&nbsp;Mutual Funds | 30230082 |  |  | 30230082 |
| &nbsp;&nbsp;&nbsp;Short-Term Investments | 1279603 |  |  | 1279603 |
| &nbsp;&nbsp;&nbsp;Total Investments | $704428001 | $— | $0 | $704428001 |

---

SA FUNDS

NOTES TO FINANCIAL STATEMENTS – September 30, 2025 (Unaudited) (Continued)

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Investments in Securities** | **Investments in Securities** | **Investments in Securities** | |
| <br>**Description** | **Unadjusted<br> Quoted Prices in<br> Active Markets<br> for Identical <br> Investments <br> (Level 1)** | **Significant<br> Other<br> Observable<br> Inputs<br> (Level 2)** | **Significant<br> Unobservable<br> Inputs<br> (Level 3)** |<br>**Total Fair Value<br> as of<br> September 30, 2025** |
| **SA U.S. Value Fund** | | | | |
| Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Common Stocks | $553826949 | $— | $— | $553826949 |
| &nbsp;&nbsp;&nbsp;Short-Term Investments | 1620467 |  |  | 1620467 |
| &nbsp;&nbsp;&nbsp;Total Investments | $555447416 | $— | $— | $555447416 |
| **SA U.S. Small Company Fund** |  |  |  |  |
| Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Common Stocks | $311041713 | $— | $23999 | $311065712 |
| &nbsp;&nbsp;&nbsp;Short-Term Investments | 3006946 |  |  | 3006946 |
| &nbsp;&nbsp;&nbsp;Total Investments | $314048659 | $— | $23999 | $314072658 |
| **SA International Value Fund** |  |  |  |  |
| Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Common Stocks | $588282438 | $— | $— | $588282438 |
| &nbsp;&nbsp;&nbsp;Preferred Stocks | 3678997 |  |  | 3678997 |
| &nbsp;&nbsp;&nbsp;Short-Term Investments | 19913028 |  |  | 19913028 |
| &nbsp;&nbsp;&nbsp;Total Investments | $611874463 | $— | $— | $611874463 |
| **SA International Small Company Fund** |  |  |  |  |
| Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Mutual Funds | $280472485 | $— | $— | $280472485 |
| &nbsp;&nbsp;&nbsp;Total Investments | $280472485 | $— | $— | $280472485 |
| **SA Emerging Markets Value Fund** |  |  |  |  |
| Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Common Stocks | $212783782 | $453181 | $0 | $213236963 |
| &nbsp;&nbsp;&nbsp;Preferred Stocks | 1653728 |  |  | 1653728 |
| &nbsp;&nbsp;&nbsp;Rights and Warrants |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Short-Term Investments | 963765 |  |  | 963765 |
| &nbsp;&nbsp;&nbsp;Total Investments | $215401275 | $453181 | $0 | $215854456 |
| **SA Real Estate Securities Fund** |  |  |  |  |
| Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Common Stocks | $118564351 | $— | $0 | $118564351 |
| &nbsp;&nbsp;&nbsp;Short-Term Investments | 1338119 |  |  | 1338119 |
| &nbsp;&nbsp;&nbsp;Total Investments | $119902470 | $— | $0 | $119902470 |

---

SA FUNDS

NOTES TO FINANCIAL STATEMENTS – September 30, 2025 (Unaudited) (Continued)

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Investments in Securities** | **Investments in Securities** | **Investments in Securities** | |
| <br>**Description** | **Unadjusted<br> Quoted Prices in<br> Active Markets<br> for Identical <br> Investments <br> (Level 1)** | **Significant<br> Other<br> Observable<br> Inputs<br> (Level 2)** | **Significant<br> Unobservable<br> Inputs<br> (Level 3)** |<br>**Total Fair Value<br> as of<br> September 30, 2025** |
| **SA Worldwide Moderate Growth Fund** |  |  |  |  |
| Assets |  |  |  |  |
| &nbsp;&nbsp;&nbsp;Mutual Funds | $22399673 | $— | $— | $22399673 |
| &nbsp;&nbsp;&nbsp;Total Investments | $22399673 | $— | $— | $22399673 |

---

 

*† Contains securities with a market value of zero.*

A reconciliation in which Level 3 inputs are used in determining fair value is presented when there are significant Level 3 assets and/or liabilities at the beginning and/or end of the period. There were no significant Level 3 assets and/or liabilities held at the beginning or end of the period.

**Securities Lending** – The Funds may lend any of their securities held by State Street Bank and Trust Company ("State Street") as custodian to certain qualified broker-dealers, banks and other institutions, except those securities which the Adviser or Dimensional Fund Advisor LP (the "Sub-Adviser") specifically identifies as not being available. Any gain or loss in the fair price of the securities loaned that might occur and any interest or dividends declared during the term of the loan would accrue to the account of the Funds. Risks of delay in recovery of the securities or even loss of rights in the collateral may occur should the borrower of the securities fail financially. Risks may also arise to the extent that the value of the collateral decreases below the value of the securities loaned.

Upon entering into a securities lending transaction, a Fund maintains cash or other securities as collateral in an amount equal to or exceeding 100% of the current fair value of the loaned securities with respect to securities of the U.S. government or its agencies or instrumentalities, a loan of sovereign debt issued by non-U.S. governments, or a loan of non-U.S. corporate debt, 102% of the current fair value of the loaned securities with respect to other U.S. securities and 105% of the current fair value of the loaned securities with respect to foreign equity securities. The fair value of the loaned security is determined at the close of each business day of the Fund and any additional required collateral is delivered to the Fund, or excess collateral is returned by the Fund, on the next business day. Any cash received as collateral is generally invested by State Street, acting in its capacity as securities lending agent (the "Agent"), in the State Street Navigator Securities Lending Government Money Market Portfolio, which is a money market fund registered under the 1940 Act. A portion of the income received on the collateral is rebated to the borrower of the securities, and the remainder is split between the Agent and each respective Fund.

As of September 30, 2025, the following Funds had securities on loan, which were collateralized by short-term investments. The value of securities on loan and the value of the related collateral were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Value of <br> Securities** | **Value of Cash<br> Collateral** | **Value of Non-<br> Cash<br> Collateral\*** | **Total<br> Collateral** |
| SA Global Fixed Income Fund | $16263044 | $16784490 | $— | $16784490 |
| SA U.S Core Market Fund | 2410721 | 54670 | 2420929 | 2475599 |
| SA U.S. Value Fund | 1616612 |  | 1659403 | 1659403 |
| SA U.S. Small Company Fund | 17756426 | 2272070 | 15959439 | 18231509 |

---

SA FUNDS

NOTES TO FINANCIAL STATEMENTS – September 30, 2025 (Unaudited) (Continued)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Value of<br> Securities** | **Value of Cash<br> Collateral** | **Value of Non-<br> Cash<br> Collateral\*** | **Total<br> Collateral** |
| SA International Value Fund | $73038965 | $19439346 | $56476145 | $75915491 |
| SA Emerging Markets Value Fund | 7171392 | 564930 | 6963769 | 7528699 |
| SA Real Estate Securities Fund | 1514986 | 920186 | 666123 | 1586309 |

---

 

*\*The Funds cannot repledge or resell this collateral. The non-cash collateral is comprised of U.S. government securities.*

The following table provides increased transparency about the types of collateral pledged for securities lending transactions that are accounted for as secured borrowing. Non-cash collateral is not reflected in the table because the Funds cannot repledge or resell this collateral.

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| | **Remaining Contractual Maturity of the Agreements <br> As of September 30, 2025** | **Remaining Contractual Maturity of the Agreements <br> As of September 30, 2025** | **Remaining Contractual Maturity of the Agreements <br> As of September 30, 2025** | **Remaining Contractual Maturity of the Agreements <br> As of September 30, 2025** | **Remaining Contractual Maturity of the Agreements <br> As of September 30, 2025** |
| <br>**Securities Lending Transaction <sup>(1)</sup>** | **Overnight and<br> Continuous** | **<30 days** | **Between <br> 30 & 90 days** | **>90 days** | **Total** |
| **SA Global Fixed Income Fund** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Government Money Market | $16784490 | $**—** | $**—** | $**—** | $16784490 |
| **Total Borrowings** | $**16784490** | $**—** | $**—** | $**—** | $**16784490** |
| Gross amount of recognized liabilities for securities lending transactions | Gross amount of recognized liabilities for securities lending transactions | Gross amount of recognized liabilities for securities lending transactions |  |  | $16784490 |
| **SA U.S. Core Market Fund** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Government Money Market | $54670 | $**—** | $**—** | $**—** | $54670 |
| **Total Borrowings** | $**54670** | $**—** | $**—** | $**—** | $**54670** |
| Gross amount of recognized liabilities for securities lending transactions | Gross amount of recognized liabilities for securities lending transactions | Gross amount of recognized liabilities for securities lending transactions |  |  | $54670 |
| **SA U.S. Small Company Fund** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Government Money Market | $2272070 | $**—** | $**—** | $**—** | $2272070 |
| **Total Borrowings** | $**2272070** | $**—** | $**—** | $**—** | $**2272070** |
| Gross amount of recognized liabilities for securities lending transactions | Gross amount of recognized liabilities for securities lending transactions | Gross amount of recognized liabilities for securities lending transactions |  |  | $2272070 |
| **SA International Value Fund** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Government Money Market | $19439346 | $**—** | $**—** | $**—** | $19439346 |
| **Total Borrowings** | $**19439346** | $**—** | $**—** | $**—** | $**19439346** |
| Gross amount of recognized liabilities for securities lending transactions | Gross amount of recognized liabilities for securities lending transactions | Gross amount of recognized liabilities for securities lending transactions |  |  | $19439346 |
| **SA Emerging Markets Value Fund** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Government Money Market | $564930 | $**—** | $**—** | $**—** | $564930 |
| **Total Borrowings** | $**564930** | $**—** | $**—** | $**—** | $**564930** |
| Gross amount of recognized liabilities for securities lending transactions | Gross amount of recognized liabilities for securities lending transactions | Gross amount of recognized liabilities for securities lending transactions |  |  | $564930 |
| **SA Real Estate Securities Fund** |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Government Money Market | $920186 | $**—** | $**—** | $**—** | $920186 |
| **Total Borrowings** | $**920186** | $**—** | $**—** | $**—** | $**920186** |
| Gross amount of recognized liabilities for securities lending transactions | Gross amount of recognized liabilities for securities lending transactions | Gross amount of recognized liabilities for securities lending transactions |  |  | $920186 |

---

<sup>(1)</sup> *Amounts represent the payable for cash collateral received on securities on loan. This will generally be in the "Overnight and Continuous" column as the securities are typically callable on demand. The payable will be allocated into categories of securities based on the market value of the securities on loan.*

SA FUNDS

NOTES TO FINANCIAL STATEMENTS – September 30, 2025 (Unaudited) (Continued)

**Foreign Currency Translation and Foreign Investments** — The books and records of the Funds are maintained in U.S. dollars. The value of securities, currencies and other assets and liabilities denominated in currencies other than U.S. dollars are translated into U.S. dollars based upon foreign currency exchange rates prevailing at the end of the period. Purchases and sales of investment securities are translated at contractual currency exchange rates established at the time of the trade. Income and expenses are translated at prevailing exchange rates on the respective dates of such transactions.

The results of operations resulting from changes in foreign exchange rates on investments are not reported separately from fluctuations arising from changes in market prices of securities held. All such fluctuations are included with net realized and unrealized gain or loss on investments. Reported net realized foreign exchange gains or losses arise from sales of foreign currencies, currency gains or losses realized between the trade and settlement dates on securities transactions, and the difference between the amounts of dividends, interest, and foreign withholding taxes recorded on the Funds' books and the U.S. dollar equivalent of the amounts actually received or paid. Net unrealized foreign exchange gains and losses arise from changes in the fair values of assets and liabilities, other than investments in securities at fiscal period-end, resulting from changes in exchange rates.

Investing in foreign securities may involve certain sovereign and other risks, in addition to the credit and market risks normally associated with domestic securities. Investments in foreign securities are subject to fluctuations in currency exchange rates, which may negatively affect the value of a Fund's portfolio. Additional risks may include exposure to less developed or less efficient trading markets; social, political or economic instability; nationalization of assets, currency controls or redenomination; changes in tax policy; high transaction costs; settlement, custodial or other operation risks; and less stringent accounting, auditing, financial reporting, and legal standards and practices. As a result, foreign securities can fluctuate more widely in price, and may also be less liquid, than comparable U.S. securities.

**Forward Foreign Currency Exchange Contracts** — Each Fund that may invest in foreign securities may enter into forward foreign currency exchange contracts. A forward foreign currency exchange contract is an agreement between two parties to buy or sell currency at a set price on a future date. By entering into a forward contract for the purchase or sale for a fixed amount of dollars of the amount of foreign currency involved in an underlying security transaction, a Fund may be able to protect itself against a possible loss resulting from an adverse change in the relationship between the U.S. dollar and the applicable foreign currency during the period between the date the security is purchased or sold and the date on which payment is made or received.

The market value of a contract will fluctuate with changes in currency exchange rates. The contract is marked-to-market daily using the 4:00 PM Eastern Time pricing for the forward currency exchange rate, and the change in market value is recorded as unrealized appreciation (depreciation) on foreign currency and forward currency transactions in a fund's statement of assets and liabilities. When the contract is closed, a realized gain or loss is recognized, which is equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed, and recorded as realized gain (loss) on foreign currency and forward currency transactions in a fund's statement of operations.

Forward foreign currency exchange contracts may involve risks from the potential inability of counterparties to meet the terms of their contracts and from unanticipated movements in the value of a foreign currency relative to the U.S. dollar.

SA FUNDS

NOTES TO FINANCIAL STATEMENTS – September 30, 2025 (Unaudited) (Continued)

**Federal Income Tax —** At September 30, 2025, the aggregate cost of investment securities, aggregate gross unrealized appreciation (depreciation) and net unrealized appreciation (depreciation) for all securities, including forward foreign currency exchange contracts, as computed on a federal income tax basis for each fund were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Cost** | **Unrealized<br> Appreciation** | **Unrealized<br> Depreciation** | **Net Unrealized<br> Appreciation<br> (Depreciation)** |
| SA U.S. Fixed Income Fund | $445810156 | $5078052 | $(77652) | $5000400 |
| SA Global Fixed Income Fund | 544481858 | 13655598 | (689884) | 12965714 |
| SA U.S. Core Market Fund | 108777357 | 596099224 | (448580) | 595650644 |
| SA U.S. Value Fund | 305948879 | 266257039 | (16758502) | 249498537 |
| SA U.S. Small Company Fund | 146684850 | 178402140 | (11014332) | 167387808 |
| SA International Value Fund | 396251107 | 226942531 | (11319175) | 215623356 |
| SA International Small Company Fund | 111799250 | 168673235 |  | 168673235 |
| SA Emerging Markets Value Fund | 160171361 | 73519176 | (17836081) | 55683095 |
| SA Real Estate Securities Fund | 70777527 | 52384229 | (3259286) | 49124943 |
| SA Worldwide Moderate Growth Fund | 17565006 | 4834667 |  | 4834667 |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** SA FUNDS INVESTMENT TRUST

- **b. Investment Company Act file number:** 811-09195

- **c. CIK number of Registrant:** 0001075065

- **d. LEI of Registrant:** 549300JT43J3I1034E48

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

  - **Street Address 1:** 190 Carondelet Plaza

  - **City:** Clayton

  - **State:** MO

  - **Foreign country:** US

  - **Zip / Postal Code:** 63105

  - **Telephone number:** 8443660905

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

- **a. Name of Series:** SA Emerging Markets Value Fund

- **b. EDGAR series identifier (if any):** S000015873

- **c. LEI of Series:** 549300EM8RMWQRX5EP09

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

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2025-09-30

**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:** $217245004.35

**Total Liabilities:** $4229260.69

**Net Assets:** $213015743.66

**Cash Not Reported:** $680593.04

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000043578 | 1.50%                | 1.04%                | 4.56%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1268195.24              | $943507.19                                 |
| Month 2  | $628946.09               | $1152298.35                                |
| Month 3  | $-448879.42              | $9637615.78                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AUO Corp                                                                        | AUO Corp                                                                        | CUSIP: 000000000<br>LEI: 391200L7PIS4QXYJUQ72 | Long             | EC               | CORP              | TW        |    454400 | NS      | $203509.42    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenzhen International Holdings Ltd                                             | Shenzhen International Holdings Ltd                                             | CUSIP: 000000000<br>LEI: 5493002NKD14ZZMEJF98 | Long             | EC               | CORP              | BM        |    116804 | NS      | $117225.02    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Yiren Digital Ltd                                                               | Yiren Digital Ltd                                                               | CUSIP: 98585L100<br>LEI: 549300GUWSM4NWQXJO64 | Long             | EC               | CORP              | KY        |      4574 | NS      | $27123.82     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhejiang Chint Electrics Co Ltd                                                 | Zhejiang Chint Electrics Co Ltd                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     13100 | NS      | $56515.25     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Jinneng Science&Technology Co Ltd                                               | Jinneng Science&Technology Co Ltd                                               | CUSIP: 000000000<br>LEI: 655600T5BHZ1F0F3VX05 | Long             | EC               | CORP              | CN        |     10600 | NS      | $10140.69     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan FU Hsing Industrial Co Ltd                                               | Taiwan FU Hsing Industrial Co Ltd                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     21000 | NS      | $30868.17     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Cogna Educacao SA                                                               | Cogna Educacao SA                                                               | CUSIP: 000000000<br>LEI: 549300BTP1E45NJ6R194 | Long             | EC               | CORP              | BR        |    149565 | NS      | $93860.13     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| China Gold International Resources Corp Ltd                                     | China Gold International Resources Corp Ltd                                     | CUSIP: 16890P103<br>LEI: 529900936ZPAXB0LZD87 | Long             | EC               | CORP              | CA        |     11400 | NS      | $203332.07    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| China Steel Corp                                                                | China Steel Corp                                                                | CUSIP: 000000000<br>LEI: 529900D3N7UIJMVJ9120 | Long             | EC               | CORP              | TW        |    536800 | NS      | $341686.46    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Texmaco Rail & Engineering Ltd                                                  | Texmaco Rail & Engineering Ltd                                                  | CUSIP: 000000000<br>LEI: 335800JU417USDLP2O12 | Long             | EC               | CORP              | IN        |     11707 | NS      | $18178.48     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Noah Holdings Ltd                                                               | Noah Holdings Ltd                                                               | CUSIP: 65487X102<br>LEI: 3003008QW3IHPD3NTU41 | Long             | EC               | CORP              | KY        |      2147 | NS      | $24883.73     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dongwha Pharm Co Ltd                                                            | Dongwha Pharm Co Ltd                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       736 | NS      | $3336.27      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Emirates NBD Bank PJSC                                                          | Emirates NBD Bank PJSC                                                          | CUSIP: 000000000<br>LEI: 54930029BCN8HF3B1286 | Long             | EC               | CORP              | AE        |    115027 | NS      | $760990.48    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| HMM Co Ltd                                                                      | HMM Co Ltd                                                                      | CUSIP: 000000000<br>LEI: 988400M8Q35QDZ4XXW80 | Long             | EC               | CORP              | KR        |     16321 | NS      | $233231.92    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Argosy Research Inc                                                             | Argosy Research Inc                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      3000 | NS      | $17176.32     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Orient Overseas International Ltd                                               | Orient Overseas International Ltd                                               | CUSIP: 000000000<br>LEI: 529900DQ426GJO276W95 | Long             | EC               | CORP              | BM        |      7000 | NS      | $113609.06    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Netcare Ltd                                                                     | Netcare Ltd                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |     99919 | NS      | $82156.91     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Xinyi Energy Holdings Ltd                                                       | Xinyi Energy Holdings Ltd                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | VG        |    219323 | NS      | $36074.95     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Uflex Ltd                                                                       | Uflex Ltd                                                                       | CUSIP: 000000000<br>LEI: 335800ARUS3DNRES4594 | Long             | EC               | CORP              | IN        |      3166 | NS      | $19413.82     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Keda Industrial Group Co Ltd                                                    | Keda Industrial Group Co Ltd                                                    | CUSIP: 000000000<br>LEI: 300300J9W79188WE1R80 | Long             | EC               | CORP              | CN        |     18900 | NS      | $32471.54     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Bumi Armada Bhd                                                                 | Bumi Armada Bhd                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |    264700 | NS      | $22013.78     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Li Peng Enterprise Co Ltd                                                       | Li Peng Enterprise Co Ltd                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     41000 | NS      | $7735.09      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Pan Jit International Inc                                                       | Pan Jit International Inc                                                       | CUSIP: 000000000<br>LEI: 9845006E948A58LEDB67 | Long             | EC               | CORP              | TW        |     24600 | NS      | $57145.48     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ping An Insurance Group Co of China Ltd                                         | Ping An Insurance Group Co of China Ltd                                         | CUSIP: 000000000<br>LEI: 529900M9MC28JLN35U89 | Long             | EC               | CORP              | CN        |    364000 | NS      | $2481408.90   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Finolex Cables Ltd                                                              | Finolex Cables Ltd                                                              | CUSIP: 000000000<br>LEI: 335800KAEKSMUCIH3795 | Long             | EC               | CORP              | IN        |      3624 | NS      | $33424.21     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Info Edge India Ltd                                                             | Info Edge India Ltd                                                             | CUSIP: 000000000<br>LEI: 335800MXUVHTBF9DEC78 | Long             | EC               | CORP              | IN        |     16055 | NS      | $237636.87    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| United Microelectronics Corp                                                    | United Microelectronics Corp                                                    | CUSIP: 910873405<br>LEI: 391200YJCAGH9LF96P73 | Long             | EC               | CORP              | TW        |     56252 | NS      | $426390.16    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco do Brasil SA                                                              | Banco do Brasil SA                                                              | CUSIP: 000000000<br>LEI: QE0Q0253K88YAGNPE356 | Long             | EC               | CORP              | BR        |     67954 | NS      | $282043.09    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Sao Martinho S/A                                                                | Sao Martinho S/A                                                                | CUSIP: 000000000<br>LEI: 549300R3Z74BNJBF4161 | Long             | EC               | CORP              | BR        |     10312 | NS      | $33635.46     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| By-health Co Ltd                                                                | By-health Co Ltd                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     11100 | NS      | $17979.05     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Founder Securities Co Ltd                                                       | Founder Securities Co Ltd                                                       | CUSIP: 000000000<br>LEI: 300300DSN6TINPUMGY45 | Long             | EC               | CORP              | CN        |     23800 | NS      | $27215.48     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Jindal Stainless Ltd                                                            | Jindal Stainless Ltd                                                            | CUSIP: 000000000<br>LEI: 3358003QFQMSFDO7BP20 | Long             | EC               | CORP              | IN        |     25001 | NS      | $209212.80    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Weikeng Industrial Co Ltd                                                       | Weikeng Industrial Co Ltd                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     32945 | NS      | $30374.52     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kuo Toong International Co Ltd                                                  | Kuo Toong International Co Ltd                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     16000 | NS      | $26720.91     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Shanghai Commercial & Savings Bank Ltd/The                                      | Shanghai Commercial & Savings Bank Ltd/The                                      | CUSIP: 000000000<br>LEI: 549300TLB5ALPCGBHN23 | Long             | EC               | CORP              | TW        |    188618 | NS      | $260233.18    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Jiangsu Yanghe Distillery Co Ltd                                                | Jiangsu Yanghe Distillery Co Ltd                                                | CUSIP: 000000000<br>LEI: 655600IQ7FXTTBKI8H68 | Long             | EC               | CORP              | CN        |      4400 | NS      | $41994.54     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyundai Engineering & Construction Co Ltd                                       | Hyundai Engineering & Construction Co Ltd                                       | CUSIP: 000000000<br>LEI: 988400CEQG9N710HN313 | Long             | EC               | CORP              | KR        |      3290 | NS      | $127562.10    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanan Optoelectronics Co Ltd                                                    | Sanan Optoelectronics Co Ltd                                                    | CUSIP: 000000000<br>LEI: 300300ENZJGEMR41WW12 | Long             | EC               | CORP              | CN        |     11300 | NS      | $24732.07     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sarana Menara Nusantara Tbk PT                                                  | Sarana Menara Nusantara Tbk PT                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |   1152200 | NS      | $40446.26     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| TA-I Technology Co Ltd                                                          | TA-I Technology Co Ltd                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      6000 | NS      | $10335.32     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Lite-On Technology Corp                                                         | Lite-On Technology Corp                                                         | CUSIP: 000000000<br>LEI: 2549005GU1PQ73SZBT32 | Long             | EC               | CORP              | TW        |    127874 | NS      | $723743.85    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhongshan Broad Ocean Motor Co Ltd                                              | Zhongshan Broad Ocean Motor Co Ltd                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     22200 | NS      | $35926.92     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| King's Town Bank Co Ltd                                                         | King's Town Bank Co Ltd                                                         | CUSIP: 000000000<br>LEI: 549300WWWDUONZNJTT60 | Long             | EC               | CORP              | TW        |     90000 | NS      | $170348.28    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| LONGi Green Energy Technology Co Ltd                                            | LONGi Green Energy Technology Co Ltd                                            | CUSIP: 000000000<br>LEI: 300300NRGAITUP1EZ248 | Long             | EC               | CORP              | CN        |     24500 | NS      | $61951.69     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Unitech Printed Circuit Board Corp                                              | Unitech Printed Circuit Board Corp                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     55184 | NS      | $48343.49     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Sino Biopharmaceutical Ltd                                                      | Sino Biopharmaceutical Ltd                                                      | CUSIP: 000000000<br>LEI: 529900LPR4ADFEJAR786 | Long             | EC               | CORP              | KY        |     24000 | NS      | $25104.25     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun TV Network Ltd                                                              | Sun TV Network Ltd                                                              | CUSIP: 000000000<br>LEI: 335800IW6TQ3AJJLEO48 | Long             | EC               | CORP              | IN        |      7133 | NS      | $42337.47     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Star Petroleum Refining PCL                                                     | Star Petroleum Refining PCL                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |     80000 | NS      | $11800.65     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| State Bank of India                                                             | State Bank of India                                                             | CUSIP: 856552203<br>LEI: 5493001JZ37UBBZF6L49 | Long             | EC               | CORP              | IN        |      8728 | NS      | $857962.40    | 0.40%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Bank of Qingdao Co Ltd                                                          | Bank of Qingdao Co Ltd                                                          | CUSIP: 000000000<br>LEI: 254900EBL1SU6XXME180 | Long             | EC               | CORP              | CN        |     53000 | NS      | $29694.36     | 0.01%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Korea Investment Holdings Co Ltd                                                | Korea Investment Holdings Co Ltd                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      1347 | NS      | $139207.44    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Bioteque Corp                                                                   | Bioteque Corp                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      3000 | NS      | $11762.58     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China Energy Engineering Corp Ltd                                               | China Energy Engineering Corp Ltd                                               | CUSIP: 000000000<br>LEI: 30030095F4B9XDN9QY57 | Long             | EC               | CORP              | CN        |     88674 | NS      | $30021.19     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Networks Co Ltd                                                              | SK Networks Co Ltd                                                              | CUSIP: 000000000<br>LEI: 988400WX6GOIPU4EMN09 | Long             | EC               | CORP              | KR        |     12838 | NS      | $40626.29     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Pegatron Corp                                                                   | Pegatron Corp                                                                   | CUSIP: 000000000<br>LEI: 529900M87JQS8TUO0L66 | Long             | EC               | CORP              | TW        |    139249 | NS      | $323473.63    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| HannsTouch Holdings Co                                                          | HannsTouch Holdings Co                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     32279 | NS      | $7117.10      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Empresas Copec SA                                                               | Empresas Copec SA                                                               | CUSIP: 000000000<br>LEI: 549300Q3IDJYG6Z7PA50 | Long             | EC               | CORP              | CL        |     28747 | NS      | $210497.78    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ESSA Industries Indonesia Tbk PT                                                | ESSA Industries Indonesia Tbk PT                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |    517700 | NS      | $21745.57     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Krung Thai Bank PCL                                                             | Krung Thai Bank PCL                                                             | CUSIP: 000000000<br>LEI: 54930007ZQMYCRFQGE36 | Long             | EC               | CORP              | TH        |    162475 | NS      | $124344.39    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun King Technology Group Ltd                                                   | Sun King Technology Group Ltd                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     54000 | NS      | $13461.92     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Zensar Technologies Ltd                                                         | Zensar Technologies Ltd                                                         | CUSIP: 000000000<br>LEI: 335800SK9CAQHM1TJC97 | Long             | EC               | CORP              | IN        |      5610 | NS      | $48777.80     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Flytech Technology Co Ltd                                                       | Flytech Technology Co Ltd                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      5000 | NS      | $17225.54     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Xiaomi Corp                                                                     | Xiaomi Corp                                                                     | CUSIP: 000000000<br>LEI: 2549001ACVFAZRNMKL32 | Long             | EC               | CORP              | KY        |      4200 | NS      | $29144.37     | 0.01%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Omnia Holdings Ltd                                                              | Omnia Holdings Ltd                                                              | CUSIP: 000000000<br>LEI: 529900T6L5CEOP1PNP91 | Long             | EC               | CORP              | ZA        |     16030 | NS      | $66440.50     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Chung-Hsin Electric & Machinery Manufacturing Corp                              | Chung-Hsin Electric & Machinery Manufacturing Corp                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     20000 | NS      | $102040.82    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Hangzhou GreatStar Industrial Co Ltd                                            | Hangzhou GreatStar Industrial Co Ltd                                            | CUSIP: 000000000<br>LEI: 8368005I1ISRY6YIFM48 | Long             | EC               | CORP              | CN        |      4400 | NS      | $19019.31     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sinopec Shanghai Petrochemical Co Ltd                                           | Sinopec Shanghai Petrochemical Co Ltd                                           | CUSIP: 000000000<br>LEI: 5299008RZ0G8ACZ8ZU65 | Long             | EC               | CORP              | CN        |    178000 | NS      | $31107.88     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanil Holdings Co Ltd                                                           | Hanil Holdings Co Ltd                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      1021 | NS      | $12021.61     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Huatai Securities Co Ltd                                                        | Huatai Securities Co Ltd                                                        | CUSIP: 000000000<br>LEI: 3003009ABT0UCWO79Q77 | Long             | EC               | CORP              | CN        |     46400 | NS      | $122708.58    | 0.06%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Eternal Materials Co Ltd                                                        | Eternal Materials Co Ltd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     42300 | NS      | $56417.58     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Scientex BHD                                                                    | Scientex BHD                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     27300 | NS      | $23417.61     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Innovation Co Ltd                                                            | SK Innovation Co Ltd                                                            | CUSIP: 000000000<br>LEI: 988400PXP70BWVSJVF07 | Long             | EC               | CORP              | KR        |      2567 | NS      | $183873.35    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CP AXTRA PCL                                                                    | CP AXTRA PCL                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |     56521 | NS      | $39244.64     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Tung Ho Steel Enterprise Corp                                                   | Tung Ho Steel Enterprise Corp                                                   | CUSIP: 000000000<br>LEI: 5299003755GCQVWX5K49 | Long             | EC               | CORP              | TW        |     47290 | NS      | $94182.79     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| JK Lakshmi Cement Ltd                                                           | JK Lakshmi Cement Ltd                                                           | CUSIP: 000000000<br>LEI: 3358006QYGRAB8GVCW68 | Long             | EC               | CORP              | IN        |      4751 | NS      | $45851.89     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenzhen Tagen Group Co Ltd                                                     | Shenzhen Tagen Group Co Ltd                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     25000 | NS      | $12713.44     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Gujarat Narmada Valley Fertilizers & Chemicals Ltd                              | Gujarat Narmada Valley Fertilizers & Chemicals Ltd                              | CUSIP: 000000000<br>LEI: 335800CLY1JH3J6OZH70 | Long             | EC               | CORP              | IN        |      8187 | NS      | $45163.30     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubei Xingfa Chemicals Group Co Ltd                                             | Hubei Xingfa Chemicals Group Co Ltd                                             | CUSIP: 000000000<br>LEI: 300300VDBHR35WWCOK67 | Long             | EC               | CORP              | CN        |      9400 | NS      | $37198.83     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Systex Corp                                                                     | Systex Corp                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      9000 | NS      | $35730.69     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan PCB Techvest Co Ltd                                                      | Taiwan PCB Techvest Co Ltd                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     28000 | NS      | $32016.54     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Iochpe Maxion SA                                                                | Iochpe Maxion SA                                                                | CUSIP: 000000000<br>LEI: 2549005ZCUW2L5GKJI76 | Long             | EC               | CORP              | BR        |     12197 | NS      | $27317.06     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TCC Group Holdings Co Ltd                                                       | TCC Group Holdings Co Ltd                                                       | CUSIP: 000000000<br>LEI: 529900C56C3PB9X9ZO58 | Long             | EC               | CORP              | TW        |    380971 | NS      | $299996.85    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Ardentec Corp                                                                   | Ardentec Corp                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     39092 | NS      | $109023.56    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| JCET Group Co Ltd                                                               | JCET Group Co Ltd                                                               | CUSIP: 000000000<br>LEI: 30030032VVBWZTNDSQ81 | Long             | EC               | CORP              | CN        |      5195 | NS      | $32176.60     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| AAC Technologies Holdings Inc                                                   | AAC Technologies Holdings Inc                                                   | CUSIP: 000000000<br>LEI: 549300SKEDE1VKS0A552 | Long             | EC               | CORP              | KY        |     33500 | NS      | $196903.09    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| KCP Ltd/The                                                                     | KCP Ltd/The                                                                     | CUSIP: 000000000<br>LEI: 335800QEMXYIEMQV7K69 | Long             | EC               | CORP              | IN        |      6994 | NS      | $15384.02     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Gujarat Pipavav Port Ltd                                                        | Gujarat Pipavav Port Ltd                                                        | CUSIP: 000000000<br>LEI: 335800Y6JBMRA4Y8TA95 | Long             | EC               | CORP              | IN        |     19498 | NS      | $34696.78     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| China Coal Energy Co Ltd                                                        | China Coal Energy Co Ltd                                                        | CUSIP: 000000000<br>LEI: 529900KRC89344UI3Z10 | Long             | EC               | CORP              | CN        |    181000 | NS      | $216075.66    | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| G Shank Enterprise Co Ltd                                                       | G Shank Enterprise Co Ltd                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     10589 | NS      | $36480.25     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| First Steamship Co Ltd                                                          | First Steamship Co Ltd                                                          | CUSIP: 000000000<br>LEI: 5493000XXPKGWJUIB768 | Long             | EC               | CORP              | TW        |     58240 | NS      | $10987.60     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyosung TNC Corp                                                                | Hyosung TNC Corp                                                                | CUSIP: 000000000<br>LEI: 988400BL3EUWYB39P076 | Long             | EC               | CORP              | KR        |       121 | NS      | $18455.51     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Longchen Paper & Packaging Co Ltd                                               | Longchen Paper & Packaging Co Ltd                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     92459 | NS      | $30336.31     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Zeda Ltd/South Africa                                                           | Zeda Ltd/South Africa                                                           | CUSIP: 000000000<br>LEI: 3789006134939804E878 | Long             | EC               | CORP              | ZA        |     20449 | NS      | $14883.84     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Route Mobile Ltd                                                                | Route Mobile Ltd                                                                | CUSIP: 000000000<br>LEI: 254900ACRLX7ASC1F147 | Long             | EC               | CORP              | IN        |      1741 | NS      | $15492.55     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SIS Ltd                                                                         | SIS Ltd                                                                         | CUSIP: 000000000<br>LEI: 335800TDIAQ4LLKESR87 | Long             | EC               | CORP              | IN        |      2091 | NS      | $8233.18      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Agthia Group PJSC                                                               | Agthia Group PJSC                                                               | CUSIP: 000000000<br>LEI: 984500EB43881B7AD148 | Long             | EC               | CORP              | AE        |     11305 | NS      | $11849.62     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Enel Americas SA                                                                | Enel Americas SA                                                                | CUSIP: 000000000<br>LEI: 549300LKH11TFCJLZK20 | Long             | EC               | CORP              | CL        |   1098585 | NS      | $110837.76    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Ton Yi Industrial Corp                                                          | Ton Yi Industrial Corp                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     82000 | NS      | $48159.33     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CSB Bank Ltd                                                                    | CSB Bank Ltd                                                                    | CUSIP: 000000000<br>LEI: 335800R8M2WRZKDHJC88 | Long             | EC               | CORP              | IN        |      3753 | NS      | $15664.84     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Legend Holdings Corp                                                            | Legend Holdings Corp                                                            | CUSIP: 000000000<br>LEI: 5299003ONUYCE70HZ185 | Long             | EC               | CORP              | CN        |     38400 | NS      | $56499.98     | 0.03%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Shanghai Lujiazui Finance & Trade Zone Development Co Ltd                       | Shanghai Lujiazui Finance & Trade Zone Development Co Ltd                       | CUSIP: 000000000<br>LEI: 300300M6JC23UUM9IN72 | Long             | EC               | CORP              | CN        |     13500 | NS      | $16385.59     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Suzhou Dongshan Precision Manufacturing Co Ltd                                  | Suzhou Dongshan Precision Manufacturing Co Ltd                                  | CUSIP: 000000000<br>LEI: 300300PUYVPZAJYVAE50 | Long             | EC               | CORP              | CN        |      4500 | NS      | $45199.45     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| WPG Holdings Ltd                                                                | WPG Holdings Ltd                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     95400 | NS      | $206901.37    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Hangzhou Binjiang Real Estate Group Co Ltd                                      | Hangzhou Binjiang Real Estate Group Co Ltd                                      | CUSIP: 000000000<br>LEI: 300300W1Q832W2SP5417 | Long             | EC               | CORP              | CN        |     22900 | NS      | $40373.26     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Can Fin Homes Ltd                                                               | Can Fin Homes Ltd                                                               | CUSIP: 000000000<br>LEI: 335800EJ9Y3XDP5ZDH81 | Long             | EC               | CORP              | IN        |      5565 | NS      | $47863.18     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Randon SA Implementos e Participacoes                                           | Randon SA Implementos e Participacoes                                           | CUSIP: 000000000<br>LEI: 254900LW6AGK8N452319 | Long             | EP               | CORP              | BR        |      9200 | NS      | $10630.84     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Getac Holdings Corp                                                             | Getac Holdings Corp                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     21000 | NS      | $107142.86    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Prestige Estates Projects Ltd                                                   | Prestige Estates Projects Ltd                                                   | CUSIP: 000000000<br>LEI: 335800HHEBP52VZLTU94 | Long             | EC               | CORP              | IN        |      6151 | NS      | $104607.96    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Mexico SAB de CV                                                          | Grupo Mexico SAB de CV                                                          | CUSIP: 000000000<br>LEI: 529900JWLZAYET2ZGW20 | Long             | EC               | CORP              | MX        |     90831 | NS      | $790391.14    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Hero MotoCorp Ltd                                                               | Hero MotoCorp Ltd                                                               | CUSIP: 000000000<br>LEI: 335800Q49FBMZJTRLK49 | Long             | EC               | CORP              | IN        |      5358 | NS      | $330301.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| MOIL Ltd                                                                        | MOIL Ltd                                                                        | CUSIP: 000000000<br>LEI: 335800KIMZB1TBYBFI12 | Long             | EC               | CORP              | IN        |      5661 | NS      | $23584.11     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynamic Holding Co Ltd                                                          | Dynamic Holding Co Ltd                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     21000 | NS      | $61598.53     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| RHB Bank Bhd                                                                    | RHB Bank Bhd                                                                    | CUSIP: 000000000<br>LEI: 549300ZHRPSV7QIUJT80 | Long             | EC               | CORP              | MY        |    145390 | NS      | $228008.55    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Chemicals Co Ltd                                                             | SK Chemicals Co Ltd                                                             | CUSIP: 000000000<br>LEI: 9884001TC6YQYHDP1F43 | Long             | EC               | CORP              | KR        |       314 | NS      | $12957.91     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Pan Ocean Co Ltd                                                                | Pan Ocean Co Ltd                                                                | CUSIP: 000000000<br>LEI: 988400HGOJIHDWPIAT45 | Long             | EC               | CORP              | KR        |     22750 | NS      | $62588.65     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Guangzhou Baiyunshan Pharmaceutical Holdings Co Ltd                             | Guangzhou Baiyunshan Pharmaceutical Holdings Co Ltd                             | CUSIP: 000000000<br>LEI: 529900ROARJHMUIME057 | Long             | EC               | CORP              | CN        |     16000 | NS      | $37440.49     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| First Philippine Holdings Corp                                                  | First Philippine Holdings Corp                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | PH        |     26510 | NS      | $33706.87     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| AP Thailand PCL                                                                 | AP Thailand PCL                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |    242500 | NS      | $66228.21     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| NH Investment & Securities Co Ltd                                               | NH Investment & Securities Co Ltd                                               | CUSIP: 000000000<br>LEI: 549300LQ6NXDW1B8NT42 | Long             | EC               | CORP              | KR        |      6972 | NS      | $96501.36     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Sinopec Kantons Holdings Ltd                                                    | Sinopec Kantons Holdings Ltd                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |     44000 | NS      | $24878.08     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Force Motors Ltd                                                                | Force Motors Ltd                                                                | CUSIP: 000000000<br>LEI: 33580016Z4KICZI73L36 | Long             | EC               | CORP              | IN        |       432 | NS      | $81832.53     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| TaiDoc Technology Corp                                                          | TaiDoc Technology Corp                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      7000 | NS      | $28020.21     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| UEM Sunrise Bhd                                                                 | UEM Sunrise Bhd                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |    100300 | NS      | $18112.87     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Chailease Holding Co Ltd                                                        | Chailease Holding Co Ltd                                                        | CUSIP: 000000000<br>LEI: 529900L76E6T0JCM3J27 | Long             | EC               | CORP              | KY        |    105603 | NS      | $386335.54    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Axis Bank Ltd                                                                   | Axis Bank Ltd                                                                   | CUSIP: 000000000<br>LEI: 549300HVNWMJPOFVNI41 | Long             | EC               | CORP              | IN        |    133355 | NS      | $1698689.36   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Solar Applied Materials Technology Corp                                         | Solar Applied Materials Technology Corp                                         | CUSIP: 000000000<br>LEI: 549300YRK4H23FEFK359 | Long             | EC               | CORP              | TW        |     18000 | NS      | $36793.75     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| GAIL India Ltd                                                                  | GAIL India Ltd                                                                  | CUSIP: 000000000<br>LEI: 335800N82LJD42ZA5L32 | Long             | EC               | CORP              | IN        |    218995 | NS      | $434789.75    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Teco Electric and Machinery Co Ltd                                              | Teco Electric and Machinery Co Ltd                                              | CUSIP: 000000000<br>LEI: 2549007UWZXDE0Q1MR78 | Long             | EC               | CORP              | TW        |     65000 | NS      | $202818.43    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Zoomlion Heavy Industry Science and Technology Co Ltd                           | Zoomlion Heavy Industry Science and Technology Co Ltd                           | CUSIP: 000000000<br>LEI: 529900QZ3EMAU0QKFK85 | Long             | EC               | CORP              | CN        |     85800 | NS      | $80376.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| LexinFintech Holdings Ltd                                                       | LexinFintech Holdings Ltd                                                       | CUSIP: 528877103<br>LEI: 549300F9QU71NQ28CS19 | Long             | EC               | CORP              | KY        |      7280 | NS      | $38802.40     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| STO Express Co Ltd                                                              | STO Express Co Ltd                                                              | CUSIP: 000000000<br>LEI: 300300AYG8JYIHUJ6F19 | Long             | EC               | CORP              | CN        |     15900 | NS      | $39982.02     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Greece                                                                  | Bank of Greece                                                                  | CUSIP: 000000000<br>LEI: 529900SL3K21WAN6X611 | Long             | EC               | CORP              | GR        |       859 | NS      | $15228.49     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Panin Financial Tbk PT                                                          | Panin Financial Tbk PT                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |   1207600 | NS      | $17536.11     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiflex Scientific Co Ltd                                                       | Taiflex Scientific Co Ltd                                                       | CUSIP: 000000000<br>LEI: 254900S5RS5TVUQIUG64 | Long             | EC               | CORP              | TW        |     26923 | NS      | $54149.88     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TAI-TECH Advanced Electronics Co Ltd                                            | TAI-TECH Advanced Electronics Co Ltd                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      3000 | NS      | $12796.12     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NIIT Learning Systems Ltd                                                       | NIIT Learning Systems Ltd                                                       | CUSIP: 000000000<br>LEI: 335800QGSY9U9YN2ML82 | Long             | EC               | CORP              | IN        |      2427 | NS      | $8954.80      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| China Medical System Holdings Ltd                                               | China Medical System Holdings Ltd                                               | CUSIP: 000000000<br>LEI: 529900Z57DVJXUBLHX66 | Long             | EC               | CORP              | KY        |     64000 | NS      | $115055.99    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| VisEra Technologies Co Ltd                                                      | VisEra Technologies Co Ltd                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      3000 | NS      | $27560.86     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Luxi Chemical Group Co Ltd                                                      | Luxi Chemical Group Co Ltd                                                      | CUSIP: 000000000<br>LEI: 300300UFIWMHUM74D963 | Long             | EC               | CORP              | CN        |      8600 | NS      | $17542.02     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hindalco Industries Ltd                                                         | Hindalco Industries Ltd                                                         | CUSIP: 000000000<br>LEI: 335800KXLE5NO5B4GF90 | Long             | EC               | CORP              | IN        |    143996 | NS      | $1239041.48   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| China Energy Engineering Corp Ltd                                               | China Energy Engineering Corp Ltd                                               | CUSIP: 000000000<br>LEI: 30030095F4B9XDN9QY57 | Long             | EC               | CORP              | CN        |    152000 | NS      | $23243.53     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SMU SA                                                                          | SMU SA                                                                          | CUSIP: 000000000<br>LEI: 549300QG0Y4T5SJUVS13 | Long             | EC               | CORP              | CL        |    215040 | NS      | $35903.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Merida Industry Co Ltd                                                          | Merida Industry Co Ltd                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     15000 | NS      | $49954.07     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BGI Genomics Co Ltd                                                             | BGI Genomics Co Ltd                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      1800 | NS      | $12430.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Lewis Group Ltd                                                                 | Lewis Group Ltd                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |      3337 | NS      | $14061.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dr Reddy's Laboratories Ltd                                                     | Dr Reddy's Laboratories Ltd                                                     | CUSIP: 000000000<br>LEI: 335800OVDPY3DVZR2798 | Long             | EC               | CORP              | IN        |      1860 | NS      | $25708.12     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Shandong Hi-Speed Road & Bridge Group Co Ltd                                    | Shandong Hi-Speed Road & Bridge Group Co Ltd                                    | CUSIP: 000000000<br>LEI: 3003003GKXNY7QOFIL49 | Long             | EC               | CORP              | CN        |     20600 | NS      | $17739.54     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dalmia Bharat Ltd                                                               | Dalmia Bharat Ltd                                                               | CUSIP: 000000000<br>LEI: 335800Q2I12HTQ7ETZ32 | Long             | EC               | CORP              | IN        |      5315 | NS      | $133191.14    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Tongkun Group Co Ltd                                                            | Tongkun Group Co Ltd                                                            | CUSIP: 000000000<br>LEI: 300300AK2H2EJWS24N19 | Long             | EC               | CORP              | CN        |     11100 | NS      | $23405.52     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hana Microelectronics PCL                                                       | Hana Microelectronics PCL                                                       | CUSIP: 000000000<br>LEI: 529900E1AFDPJFG0RH05 | Long             | EC               | CORP              | TH        |     30500 | NS      | $21459.65     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bombay Burmah Trading Co                                                        | Bombay Burmah Trading Co                                                        | CUSIP: 000000000<br>LEI: 335800K6WP5J66TDPR51 | Long             | EC               | CORP              | IN        |      1162 | NS      | $23159.19     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Tamilnad Mercantile Bank Ltd                                                    | Tamilnad Mercantile Bank Ltd                                                    | CUSIP: 000000000<br>LEI: 335800AYAN6LJY14L887 | Long             | EC               | CORP              | IN        |      4102 | NS      | $19507.76     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bright Dairy & Food Co Ltd                                                      | Bright Dairy & Food Co Ltd                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      7700 | NS      | $9075.43      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BNPP Bank Polska SA                                                             | BNPP Bank Polska SA                                                             | CUSIP: 000000000<br>LEI: NMH2KF074RKAGTH4CM63 | Long             | EC               | CORP              | PL        |       811 | NS      | $23093.97     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Guangdong Tapai Group Co Ltd                                                    | Guangdong Tapai Group Co Ltd                                                    | CUSIP: 000000000<br>LEI: 836800AWOZ9HD2GJFK49 | Long             | EC               | CORP              | CN        |      9300 | NS      | $11444.63     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Renhe Pharmacy Co Ltd                                                           | Renhe Pharmacy Co Ltd                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     19700 | NS      | $16687.76     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cia Cervecerias Unidas SA                                                       | Cia Cervecerias Unidas SA                                                       | CUSIP: 204429104<br>LEI: 529900BJW9B0O6LI2R39 | Long             | EC               | CORP              | CL        |      4298 | NS      | $52091.76     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| VTB Bank PJSC                                                                   | VTB Bank PJSC                                                                   | CUSIP: 000000000<br>LEI: 253400V1H6ART1UQ0N98 | Long             | EC               | CORP              | RU        |     92145 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Kinpo Electronics                                                               | Kinpo Electronics                                                               | CUSIP: 000000000<br>LEI: 3003005FDHQ49XUBT007 | Long             | EC               | CORP              | TW        |    111000 | NS      | $70836.34     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Shanghai Bailian Group Co Ltd                                                   | Shanghai Bailian Group Co Ltd                                                   | CUSIP: 000000000<br>LEI: 30030007KUCG1HG2EP32 | Long             | EC               | CORP              | CN        |     15600 | NS      | $19679.57     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Xiamen ITG Group Corp Ltd                                                       | Xiamen ITG Group Corp Ltd                                                       | CUSIP: 000000000<br>LEI: 3003003DOW83VD8HRU16 | Long             | EC               | CORP              | CN        |     17300 | NS      | $15019.28     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Fu Hua Innovation Co Ltd                                                        | Fu Hua Innovation Co Ltd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     27714 | NS      | $18140.77     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hainan Meilan International Airport Co Ltd                                      | Hainan Meilan International Airport Co Ltd                                      | CUSIP: 000000000<br>LEI: 300300LBYCJWUTE07R10 | Long             | EC               | CORP              | CN        |     23000 | NS      | $31181.13     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| NIIT Ltd                                                                        | NIIT Ltd                                                                        | CUSIP: 000000000<br>LEI: 335800C4MYC49V29NJ33 | Long             | EC               | CORP              | IN        |      2427 | NS      | $2889.26      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Haitian International Holdings Ltd                                              | Haitian International Holdings Ltd                                              | CUSIP: 000000000<br>LEI: 30030093DDRS825TVP62 | Long             | EC               | CORP              | KY        |     38000 | NS      | $104693.55    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenzhen Airport Co Ltd                                                         | Shenzhen Airport Co Ltd                                                         | CUSIP: 000000000<br>LEI: 3003009W045RIKRBZI44 | Long             | EC               | CORP              | CN        |     16200 | NS      | $15816.65     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Formosa Laboratories Inc                                                        | Formosa Laboratories Inc                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      5000 | NS      | $10712.65     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| HL Mando Co Ltd                                                                 | HL Mando Co Ltd                                                                 | CUSIP: 000000000<br>LEI: 988400P5GM9DGVVOJQ79 | Long             | EC               | CORP              | KR        |      1823 | NS      | $43656.89     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Hu Lane Associate Inc                                                           | Hu Lane Associate Inc                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      4305 | NS      | $18009.30     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kia Corp                                                                        | Kia Corp                                                                        | CUSIP: 000000000<br>LEI: 988400V8MJK9N7OI5X76 | Long             | EC               | CORP              | KR        |     19935 | NS      | $1430779.02   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Transcend Information Inc                                                       | Transcend Information Inc                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     10000 | NS      | $36091.61     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital Securities Corp                                                         | Capital Securities Corp                                                         | CUSIP: 000000000<br>LEI: 5493004ZN3KE1X17MG42 | Long             | EC               | CORP              | TW        |    152437 | NS      | $123288.01    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Nemak SAB de CV                                                                 | Nemak SAB de CV                                                                 | CUSIP: 000000000<br>LEI: 5493000MY3DAIB0BP706 | Long             | EC               | CORP              | MX        |    174679 | NS      | $40823.77     | 0.02%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Da-Li Development Co Ltd                                                        | Da-Li Development Co Ltd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     14376 | NS      | $23183.29     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Beijing Tong Ren Tang Chinese Medicine Co Ltd                                   | Beijing Tong Ren Tang Chinese Medicine Co Ltd                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |      9000 | NS      | $10397.14     | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| Power Finance Corp Ltd                                                          | Power Finance Corp Ltd                                                          | CUSIP: 000000000<br>LEI: 3358003Q6D9LIJJZ1614 | Long             | EC               | CORP              | IN        |    121886 | NS      | $564343.28    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Advancetek Enterprise Co Ltd                                                    | Advancetek Enterprise Co Ltd                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     13000 | NS      | $17999.87     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Cooperative Financial Holding Co Ltd                                     | Taiwan Cooperative Financial Holding Co Ltd                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    350093 | NS      | $283148.25    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Star Cement Ltd                                                                 | Star Cement Ltd                                                                 | CUSIP: 000000000<br>LEI: 335800QB6VEXQKPEDH50 | Long             | EC               | CORP              | IN        |      7280 | NS      | $20826.06     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Zinus Inc                                                                       | Zinus Inc                                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      1223 | NS      | $13763.71     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Wah Lee Industrial Corp                                                         | Wah Lee Industrial Corp                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     18420 | NS      | $57656.93     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Motus Holdings Ltd                                                              | Motus Holdings Ltd                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |     16747 | NS      | $100850.49    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Sinotrans Ltd                                                                   | Sinotrans Ltd                                                                   | CUSIP: 000000000<br>LEI: 5299005U1RZLKVFWR249 | Long             | EC               | CORP              | CN        |    145000 | NS      | $90742.04     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Jinan Acetate Chemical Co Ltd                                                   | Jinan Acetate Chemical Co Ltd                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     19000 | NS      | $39274.23     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Regional SAB de CV                                                              | Regional SAB de CV                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |     18632 | NS      | $167299.87    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Youngtek Electronics Corp                                                       | Youngtek Electronics Corp                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     12000 | NS      | $23623.60     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT                            | Bank Pembangunan Daerah Jawa Barat Dan Banten Tbk PT                            | CUSIP: 000000000<br>LEI: 254900JENDVZGXOAND36 | Long             | EC               | CORP              | ID        |    173300 | NS      | $7955.27      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Ramco Cements Ltd/The                                                           | Ramco Cements Ltd/The                                                           | CUSIP: 000000000<br>LEI: 3358003MPDJN515PDG51 | Long             | EC               | CORP              | IN        |      5843 | NS      | $65544.66     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Sporton International Inc                                                       | Sporton International Inc                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      4000 | NS      | $23492.36     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Soft-World International Corp                                                   | Soft-World International Corp                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      4000 | NS      | $14305.40     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Shougang Fushan Resources Group Ltd                                             | Shougang Fushan Resources Group Ltd                                             | CUSIP: 000000000<br>LEI: 529900OPUNJYLOX4OL37 | Long             | EC               | CORP              | HK        |    193116 | NS      | $70477.12     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Chongqing Sanfeng Environment Group Corp Ltd                                    | Chongqing Sanfeng Environment Group Corp Ltd                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     10300 | NS      | $11836.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Pakuwon Jati Tbk PT                                                             | Pakuwon Jati Tbk PT                                                             | CUSIP: 000000000<br>LEI: 254900GUXQAQB065PM73 | Long             | EC               | CORP              | ID        |   1135800 | NS      | $25626.21     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China State Construction International Holdings Ltd                             | China State Construction International Holdings Ltd                             | CUSIP: 000000000<br>LEI: 529900QVUUH13RIZIR85 | Long             | EC               | CORP              | KY        |     50000 | NS      | $63672.99     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Gas Ltd                                                                      | SK Gas Ltd                                                                      | CUSIP: 000000000<br>LEI: 5493005JC6AP53N4D383 | Long             | EC               | CORP              | KR        |       175 | NS      | $28874.59     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Mobile Co Ltd                                                            | Taiwan Mobile Co Ltd                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     90000 | NS      | $321871.51    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhejiang NHU Co Ltd                                                             | Zhejiang NHU Co Ltd                                                             | CUSIP: 000000000<br>LEI: 655600NJSJADB39G3P54 | Long             | EC               | CORP              | CN        |      7900 | NS      | $26446.35     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Bradesco SA                                                               | Banco Bradesco SA                                                               | CUSIP: 000000000<br>LEI: 549300CTUU1RFXHQJE44 | Long             | EP               | CORP              | BR        |    100741 | NS      | $334841.15    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Shanghai Lingang Holdings Corp Ltd                                              | Shanghai Lingang Holdings Corp Ltd                                              | CUSIP: 000000000<br>LEI: 300300A3R98BIKL5XH91 | Long             | EC               | CORP              | CN        |      8760 | NS      | $14151.96     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| EPL Ltd                                                                         | EPL Ltd                                                                         | CUSIP: 000000000<br>LEI: 335800SHKQVLNEGB2W80 | Long             | EC               | CORP              | IN        |      9507 | NS      | $22025.20     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AmTRAN Technology Co Ltd                                                        | AmTRAN Technology Co Ltd                                                        | CUSIP: 000000000<br>LEI: 254900LIRE6I1OXNHX91 | Long             | EC               | CORP              | TW        |     64775 | NS      | $28372.80     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Fulltech Fiber Glass Corp                                                       | Fulltech Fiber Glass Corp                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     14717 | NS      | $31773.04     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Turk Hava Yollari AO                                                            | Turk Hava Yollari AO                                                            | CUSIP: 000000000<br>LEI: 789000EV8M3BL7ZPFB03 | Long             | EC               | CORP              | TR        |     44707 | NS      | $338711.80    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| KRBL Ltd                                                                        | KRBL Ltd                                                                        | CUSIP: 000000000<br>LEI: 3358009OO1W5QCPVMV73 | Long             | EC               | CORP              | IN        |      2296 | NS      | $8883.90      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Nan Kang Rubber Tire Co Ltd                                                     | Nan Kang Rubber Tire Co Ltd                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     12321 | NS      | $15382.05     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Group Up Industrial Co Ltd                                                      | Group Up Industrial Co Ltd                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      2000 | NS      | $16634.95     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Chongqing Rural Commercial Bank Co Ltd                                          | Chongqing Rural Commercial Bank Co Ltd                                          | CUSIP: 000000000<br>LEI: 300300C1126750000027 | Long             | EC               | CORP              | CN        |    137000 | NS      | $105805.10    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| 91APP Inc                                                                       | 91APP Inc                                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      8000 | NS      | $20815.01     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ASMedia Technology Inc                                                          | ASMedia Technology Inc                                                          | CUSIP: 000000000<br>LEI: 529900CQG67FQMMNX678 | Long             | EC               | CORP              | TW        |      1000 | NS      | $48559.62     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Everlight Chemical Industrial Corp                                              | Everlight Chemical Industrial Corp                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     56000 | NS      | $35461.64     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuvoton Technology Corp                                                         | Nuvoton Technology Corp                                                         | CUSIP: 000000000<br>LEI: 25490081WZAX02O6MB63 | Long             | EC               | CORP              | TW        |      9000 | NS      | $18603.58     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dialog Group Bhd                                                                | Dialog Group Bhd                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     37200 | NS      | $16706.19     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Guangshen Railway Co Ltd                                                        | Guangshen Railway Co Ltd                                                        | CUSIP: 000000000<br>LEI: 529900YIR2NSEPF1UU41 | Long             | EC               | CORP              | CN        |     82000 | NS      | $26343.01     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| PNB Housing Finance Ltd                                                         | PNB Housing Finance Ltd                                                         | CUSIP: 000000000<br>LEI: 335800K81SPQDQ21HJ97 | Long             | EC               | CORP              | IN        |     10969 | NS      | $106800.70    | 0.05%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Jindal Steel Ltd                                                                | Jindal Steel Ltd                                                                | CUSIP: 000000000<br>LEI: 335800UIKQBF6QO2NP15 | Long             | EC               | CORP              | IN        |     44263 | NS      | $529453.55    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Triputra Agro Persada PT                                                        | Triputra Agro Persada PT                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |    632300 | NS      | $65070.18     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Thai Oil PCL                                                                    | Thai Oil PCL                                                                    | CUSIP: 000000000<br>LEI: 549300HG5527UPZLTT69 | Long             | EC               | CORP              | TH        |     78877 | NS      | $85193.49     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Electrosteel Castings Ltd                                                       | Electrosteel Castings Ltd                                                       | CUSIP: 000000000<br>LEI: 335800DDVQAEARL92E53 | Long             | EC               | CORP              | IN        |     23821 | NS      | $25109.12     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Shanghai Co Ltd                                                         | Bank of Shanghai Co Ltd                                                         | CUSIP: 000000000<br>LEI: 300300C1091231000098 | Long             | EC               | CORP              | CN        |     68500 | NS      | $86221.02     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CTS International Logistics Corp Ltd                                            | CTS International Logistics Corp Ltd                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     11000 | NS      | $9225.32      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastern & Oriental Bhd                                                          | Eastern & Oriental Bhd                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |    118100 | NS      | $22309.49     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CAP SA                                                                          | CAP SA                                                                          | CUSIP: 000000000<br>LEI: 54930079GPG23NTBB003 | Long             | EC               | CORP              | CL        |      4662 | NS      | $25457.39     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CECEP Wind-Power Corp                                                           | CECEP Wind-Power Corp                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     49010 | NS      | $21962.91     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Shanxi Securities Co Ltd                                                        | Shanxi Securities Co Ltd                                                        | CUSIP: 000000000<br>LEI: 300300E1007214000085 | Long             | EC               | CORP              | CN        |     24700 | NS      | $22449.97     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Turkcell Iletisim Hizmetleri AS                                                 | Turkcell Iletisim Hizmetleri AS                                                 | CUSIP: 000000000<br>LEI: 7890003EX1LTLS2FFL84 | Long             | EC               | CORP              | TR        |     82156 | NS      | $193350.08    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Metropolitan Bank & Trust Co                                                    | Metropolitan Bank & Trust Co                                                    | CUSIP: 000000000<br>LEI: 549300SQYI82RVWFN715 | Long             | EC               | CORP              | PH        |    133237 | NS      | $155672.10    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Gateway Distriparks Ltd                                                         | Gateway Distriparks Ltd                                                         | CUSIP: 000000000<br>LEI: 3358002QKDEU6954MC67 | Long             | EC               | CORP              | IN        |     25136 | NS      | $17379.44     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| LX Holdings Corp                                                                | LX Holdings Corp                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      2593 | NS      | $14267.46     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Far EasTone Telecommunications Co Ltd                                           | Far EasTone Telecommunications Co Ltd                                           | CUSIP: 000000000<br>LEI: 529900L7W7BWDLVZL253 | Long             | EC               | CORP              | TW        |     99000 | NS      | $287144.83    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Pegavision Corp                                                                 | Pegavision Corp                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      2000 | NS      | $20965.94     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Channel Well Technology Co Ltd                                                  | Channel Well Technology Co Ltd                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     13000 | NS      | $34378.90     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| COSCO SHIPPING Energy Transportation Co Ltd                                     | COSCO SHIPPING Energy Transportation Co Ltd                                     | CUSIP: 000000000<br>LEI: 529900IGB8FVHRCR1W95 | Long             | EC               | CORP              | CN        |     86000 | NS      | $99681.96     | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Sany Heavy Equipment International Holdings Co Ltd                              | Sany Heavy Equipment International Holdings Co Ltd                              | CUSIP: 000000000<br>LEI: 254900BKG9FQLCKFVK72 | Long             | EC               | CORP              | KY        |     64000 | NS      | $66862.42     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Nanjing Tanker Corp                                                             | Nanjing Tanker Corp                                                             | CUSIP: 000000000<br>LEI: 300300I8U60MMF47UX97 | Long             | EC               | CORP              | CN        |     42600 | NS      | $18192.72     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Henan Shenhuo Coal Industry & Electricity Power Co Ltd                          | Henan Shenhuo Coal Industry & Electricity Power Co Ltd                          | CUSIP: 000000000<br>LEI: 300300GF8XK44CSHXV64 | Long             | EC               | CORP              | CN        |      8500 | NS      | $23893.54     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubei Yihua Chemical Industry Co Ltd                                            | Hubei Yihua Chemical Industry Co Ltd                                            | CUSIP: 000000000<br>LEI: 3003003OSPTQM6D5OZ08 | Long             | EC               | CORP              | CN        |     12200 | NS      | $25227.96     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Bradesco SA                                                               | Banco Bradesco SA                                                               | CUSIP: 000000000<br>LEI: 549300CTUU1RFXHQJE44 | Long             | EC               | CORP              | BR        |     70133 | NS      | $200690.61    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Time Technoplast Ltd                                                            | Time Technoplast Ltd                                                            | CUSIP: 000000000<br>LEI: 335800CUG2DKZU3BVX77 | Long             | EC               | CORP              | IN        |     11270 | NS      | $26661.75     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Woori Financial Group Inc                                                       | Woori Financial Group Inc                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     45228 | NS      | $836510.89    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Summarecon Agung Tbk PT                                                         | Summarecon Agung Tbk PT                                                         | CUSIP: 000000000<br>LEI: 529900NX0EYVOH3TJZ08 | Long             | EC               | CORP              | ID        |    932100 | NS      | $23826.86     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Tongcheng Travel Holdings Ltd                                                   | Tongcheng Travel Holdings Ltd                                                   | CUSIP: 000000000<br>LEI: 2549004WGGNOPL8NUL61 | Long             | EC               | CORP              | KY        |     16000 | NS      | $47288.92     | 0.02%             |  |  |  | Yes           |                  1 | On Loan: No      |
| SAIC Motor Corp Ltd                                                             | SAIC Motor Corp Ltd                                                             | CUSIP: 000000000<br>LEI: 30030001QBC7EXJJGT71 | Long             | EC               | CORP              | CN        |     29700 | NS      | $71429.03     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Foxsemicon Integrated Technology Inc                                            | Foxsemicon Integrated Technology Inc                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      4000 | NS      | $39569.53     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Bimbo SAB de CV                                                           | Grupo Bimbo SAB de CV                                                           | CUSIP: 000000000<br>LEI: 5493000RIXURZEBFEV60 | Long             | EC               | CORP              | MX        |      9137 | NS      | $32459.84     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Piraeus Financial Holdings SA                                                   | Piraeus Financial Holdings SA                                                   | CUSIP: 000000000<br>LEI: M6AD1Y1KW32H8THQ6F76 | Long             | EC               | CORP              | GR        |     85014 | NS      | $720034.70    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Indah Kiat Pulp & Paper Tbk PT                                                  | Indah Kiat Pulp & Paper Tbk PT                                                  | CUSIP: 000000000<br>LEI: 529900F19DXXA9HNCB51 | Long             | EC               | CORP              | ID        |    251800 | NS      | $111054.91    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Ultrajaya Milk Industry & Trading Co Tbk PT                                     | Ultrajaya Milk Industry & Trading Co Tbk PT                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |    131500 | NS      | $10179.12     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| DB Corp Ltd                                                                     | DB Corp Ltd                                                                     | CUSIP: 000000000<br>LEI: 3358007NZGBLYAVAZD48 | Long             | EC               | CORP              | IN        |      3441 | NS      | $10463.83     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinsons Land Corp                                                             | Robinsons Land Corp                                                             | CUSIP: 000000000<br>LEI: 254900BUUS5N9MUSIS52 | Long             | EC               | CORP              | PH        |     76255 | NS      | $19548.53     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliance Bank Malaysia Bhd                                                      | Alliance Bank Malaysia Bhd                                                      | CUSIP: 000000000<br>LEI: 2JJF46RULNMN5RTBEC18 | Long             | EC               | CORP              | MY        |     81811 | NS      | $84950.47     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Modon Holding PSC                                                               | Modon Holding PSC                                                               | CUSIP: 000000000<br>LEI: 213800AFVSMXPU41HQ02 | Long             | EC               | CORP              | AE        |    101375 | NS      | $96322.88     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Corp Ltd                                                                  | Delta Corp Ltd                                                                  | CUSIP: 000000000<br>LEI: 984500B99AD2EWFECF31 | Long             | EC               | CORP              | IN        |      8978 | NS      | $7922.47      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Jubilant Pharmova Ltd                                                           | Jubilant Pharmova Ltd                                                           | CUSIP: 000000000<br>LEI: 335800C6LDKWF4HQH833 | Long             | EC               | CORP              | IN        |      7273 | NS      | $88466.61     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Fu Shou Yuan International Group Ltd                                            | Fu Shou Yuan International Group Ltd                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     93000 | NS      | $34059.59     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Grape King Bio Ltd                                                              | Grape King Bio Ltd                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     10000 | NS      | $42653.72     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| LOTTE Fine Chemical Co Ltd                                                      | LOTTE Fine Chemical Co Ltd                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      1517 | NS      | $50060.30     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Shanghai Pharmaceuticals Holding Co Ltd                                         | Shanghai Pharmaceuticals Holding Co Ltd                                         | CUSIP: 000000000<br>LEI: 30030029J1KKCBY19820 | Long             | EC               | CORP              | CN        |     38600 | NS      | $60911.21     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenzhen Kaifa Technology Co Ltd                                                | Shenzhen Kaifa Technology Co Ltd                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      5900 | NS      | $23099.55     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Polska Kasa Opieki SA                                                      | Bank Polska Kasa Opieki SA                                                      | CUSIP: 000000000<br>LEI: 5493000LKS7B3UTF7H35 | Long             | EC               | CORP              | PL        |       653 | NS      | $31386.54     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhuhai Huafa Properties Co Ltd                                                  | Zhuhai Huafa Properties Co Ltd                                                  | CUSIP: 000000000<br>LEI: 3003007FIHALN5DCJS12 | Long             | EC               | CORP              | CN        |     11600 | NS      | $9223.36      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GEK TERNA SA                                                                    | GEK TERNA SA                                                                    | CUSIP: 000000000<br>LEI: 2138003TO2MTRHWVP686 | Long             | EC               | CORP              | GR        |      1131 | NS      | $29664.20     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Visco Vision Inc                                                                | Visco Vision Inc                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      2000 | NS      | $13419.52     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Hangzhou Co Ltd                                                         | Bank of Hangzhou Co Ltd                                                         | CUSIP: 000000000<br>LEI: 300300C1092033000075 | Long             | EC               | CORP              | CN        |     32101 | NS      | $68860.82     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Wafer Works Corp                                                                | Wafer Works Corp                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     35503 | NS      | $35470.38     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Anhui Heli Co Ltd                                                               | Anhui Heli Co Ltd                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      8200 | NS      | $25261.96     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| DB HiTek Co Ltd                                                                 | DB HiTek Co Ltd                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      1524 | NS      | $61696.45     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TSRC Corp                                                                       | TSRC Corp                                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     26000 | NS      | $13819.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhejiang Hailiang Co Ltd                                                        | Zhejiang Hailiang Co Ltd                                                        | CUSIP: 000000000<br>LEI: 30030052QMKYS7EZTH25 | Long             | EC               | CORP              | CN        |     19700 | NS      | $35976.93     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| China Baoan Group Co Ltd                                                        | China Baoan Group Co Ltd                                                        | CUSIP: 000000000<br>LEI: 300300SWCZND4GQFVP61 | Long             | EC               | CORP              | CN        |      9000 | NS      | $15753.43     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Fulgent Sun International Holding Co Ltd                                        | Fulgent Sun International Holding Co Ltd                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      8315 | NS      | $27254.69     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| KCC Glass Corp                                                                  | KCC Glass Corp                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       444 | NS      | $8765.76      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Daou Technology Inc                                                             | Daou Technology Inc                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      2149 | NS      | $56212.04     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| China National Building Material Co Ltd                                         | China National Building Material Co Ltd                                         | CUSIP: 000000000<br>LEI: 52990085PGF8YEPLBZ26 | Long             | EC               | CORP              | CN        |    207591 | NS      | $147251.31    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Hibiscus Petroleum Bhd                                                          | Hibiscus Petroleum Bhd                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     56080 | NS      | $20387.88     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Jiangsu Changshu Rural Commercial Bank Co Ltd                                   | Jiangsu Changshu Rural Commercial Bank Co Ltd                                   | CUSIP: 000000000<br>LEI: 300300C1115432000063 | Long             | EC               | CORP              | CN        |     24442 | NS      | $23485.91     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Tong Hsing Electronic Industries Ltd                                            | Tong Hsing Electronic Industries Ltd                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     12870 | NS      | $48983.53     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Xinfengming Group Co Ltd                                                        | Xinfengming Group Co Ltd                                                        | CUSIP: 000000000<br>LEI: 300300EUL4DEDVVTFA59 | Long             | EC               | CORP              | CN        |      4000 | NS      | $9125.58      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| China International Marine Containers Group Co Ltd                              | China International Marine Containers Group Co Ltd                              | CUSIP: 000000000<br>LEI: 300300Q7JK7J0KAIEA51 | Long             | EC               | CORP              | CN        |     74460 | NS      | $79512.54     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| PICC Property & Casualty Co Ltd                                                 | PICC Property & Casualty Co Ltd                                                 | CUSIP: 000000000<br>LEI: 300300F1000311000017 | Long             | EC               | CORP              | CN        |    150000 | NS      | $338475.57    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| China Communications Services Corp Ltd                                          | China Communications Services Corp Ltd                                          | CUSIP: 000000000<br>LEI: 529900JCDRVQE6YZKT86 | Long             | EC               | CORP              | CN        |    231600 | NS      | $136901.42    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Greentown China Holdings Ltd                                                    | Greentown China Holdings Ltd                                                    | CUSIP: 000000000<br>LEI: 529900BLBC6YDNWS8530 | Long             | EC               | CORP              | KY        |     78500 | NS      | $95830.74     | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Xinte Energy Co Ltd                                                             | Xinte Energy Co Ltd                                                             | CUSIP: 000000000<br>LEI: 300300HSY4IIZWSPSY09 | Long             | EC               | CORP              | CN        |     22800 | NS      | $24229.92     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Poongsan Corp                                                                   | Poongsan Corp                                                                   | CUSIP: 000000000<br>LEI: 2549007P08ZD5QJS1369 | Long             | EC               | CORP              | KR        |       311 | NS      | $27641.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Korea Real Estate Investment & Trust Co Ltd                                     | Korea Real Estate Investment & Trust Co Ltd                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     10376 | NS      | $10375.63     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| TCL Electronics Holdings Ltd                                                    | TCL Electronics Holdings Ltd                                                    | CUSIP: 000000000<br>LEI: 5299000Y9D001SNNTJ48 | Long             | EC               | CORP              | KY        |     50667 | NS      | $68363.78     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| SL Corp                                                                         | SL Corp                                                                         | CUSIP: 000000000<br>LEI: 549300W7X9LRFVNUKN83 | Long             | EC               | CORP              | KR        |      1820 | NS      | $43974.20     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| San Fang Chemical Industry Co Ltd                                               | San Fang Chemical Industry Co Ltd                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     13000 | NS      | $12860.10     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Navigation Co Ltd                                                        | Taiwan Navigation Co Ltd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     22000 | NS      | $19778.20     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Beijing New Building Materials PLC                                              | Beijing New Building Materials PLC                                              | CUSIP: 000000000<br>LEI: 3003000VY5ALEC09Q824 | Long             | EC               | CORP              | CN        |      5600 | NS      | $18613.04     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Alfa SAB de CV                                                                  | Alfa SAB de CV                                                                  | CUSIP: 000000000<br>LEI: 549300ZCGJ6T8YDJ4M34 | Long             | EC               | CORP              | MX        |    221384 | NS      | $177581.07    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| China Coal Xinji Energy Co Ltd                                                  | China Coal Xinji Energy Co Ltd                                                  | CUSIP: 000000000<br>LEI: 300300CE1JVPWVDT9H80 | Long             | EC               | CORP              | CN        |     19900 | NS      | $17416.29     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Greentown Management Holdings Co Ltd                                            | Greentown Management Holdings Co Ltd                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     61000 | NS      | $24770.14     | 0.01%             |  |  |  | Yes           |                  1 | On Loan: —       |
| Wingtech Technology Co Ltd                                                      | Wingtech Technology Co Ltd                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      3900 | NS      | $25465.09     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MOSA Industrial Corp                                                            | MOSA Industrial Corp                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      9616 | NS      | $6057.72      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Genius Electronic Optical Co Ltd                                                | Genius Electronic Optical Co Ltd                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      4000 | NS      | $56171.66     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| IndusInd Bank Ltd                                                               | IndusInd Bank Ltd                                                               | CUSIP: 000000000<br>LEI: 335800JDVJ8HSXG9G512 | Long             | EC               | CORP              | IN        |     26758 | NS      | $221775.98    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| GS P&L Co Ltd                                                                   | GS P&L Co Ltd                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       729 | NS      | $25641.39     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergreen Marine Corp Taiwan Ltd                                                | Evergreen Marine Corp Taiwan Ltd                                                | CUSIP: 000000000<br>LEI: 254900EIJA0A39C5SO15 | Long             | EC               | CORP              | TW        |     74583 | NS      | $438032.58    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Henan Mingtai Al Industrial Co Ltd                                              | Henan Mingtai Al Industrial Co Ltd                                              | CUSIP: 000000000<br>LEI: 655600KWQTOJQH779C73 | Long             | EC               | CORP              | CN        |      8400 | NS      | $17004.26     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Formosa Petrochemical Corp                                                      | Formosa Petrochemical Corp                                                      | CUSIP: 000000000<br>LEI: 529900UWWAOQ8470E792 | Long             | EC               | CORP              | TW        |     61000 | NS      | $81258.61     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Allied Supreme Corp                                                             | Allied Supreme Corp                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      3000 | NS      | $29332.63     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Gudang Garam Tbk PT                                                             | Gudang Garam Tbk PT                                                             | CUSIP: 000000000<br>LEI: 5299005TDQ8UGGR3AM31 | Long             | EC               | CORP              | ID        |     52600 | NS      | $44109.51     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Quess Corp Ltd                                                                  | Quess Corp Ltd                                                                  | CUSIP: 000000000<br>LEI: 335800IMP1C9KOQZDK11 | Long             | EC               | CORP              | IN        |      3874 | NS      | $11106.44     | 0.01%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Seazen Holdings Co Ltd                                                          | Seazen Holdings Co Ltd                                                          | CUSIP: 000000000<br>LEI: 300300TGAEBDZS3VS786 | Long             | EC               | CORP              | CN        |     13800 | NS      | $31502.64     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Zeng Hsing Industrial Co Ltd                                                    | Zeng Hsing Industrial Co Ltd                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      2148 | NS      | $6371.13      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| BenQ Materials Corp                                                             | BenQ Materials Corp                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     15000 | NS      | $11811.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Tianshui Huatian Technology Co Ltd                                              | Tianshui Huatian Technology Co Ltd                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      9400 | NS      | $15555.63     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Southern Sun Ltd                                                                | Southern Sun Ltd                                                                | CUSIP: 000000000<br>LEI: 3789003F2199B726D213 | Long             | EC               | CORP              | ZA        |     54046 | NS      | $26756.99     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| COSCO SHIPPING Ports Ltd                                                        | COSCO SHIPPING Ports Ltd                                                        | CUSIP: 000000000<br>LEI: 5299008QX6KA3JHWK507 | Long             | EC               | CORP              | BM        |    135886 | NS      | $99357.02     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Kumho Tire Co Inc                                                               | Kumho Tire Co Inc                                                               | CUSIP: 000000000<br>LEI: 988400XUTAI2SOBDES17 | Long             | EC               | CORP              | KR        |      3713 | NS      | $12504.13     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Lupin Ltd                                                                       | Lupin Ltd                                                                       | CUSIP: 000000000<br>LEI: 335800HHXTESDEE2FC65 | Long             | EC               | CORP              | IN        |      4573 | NS      | $98630.68     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Container Corp Of India Ltd                                                     | Container Corp Of India Ltd                                                     | CUSIP: 000000000<br>LEI: 335800T2XH4HLGGQSJ32 | Long             | EC               | CORP              | IN        |      8811 | NS      | $52029.20     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Suzhou Anjie Technology Co Ltd                                                  | Suzhou Anjie Technology Co Ltd                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      1100 | NS      | $2290.11      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Newland Digital Technology Co Ltd                                               | Newland Digital Technology Co Ltd                                               | CUSIP: 000000000<br>LEI: 300300ZUFD0Z67DVAK44 | Long             | EC               | CORP              | CN        |      2500 | NS      | $10381.47     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Thinking Electronic Industrial Co Ltd                                           | Thinking Electronic Industrial Co Ltd                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      4000 | NS      | $22442.42     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China Zheshang Bank Co Ltd                                                      | China Zheshang Bank Co Ltd                                                      | CUSIP: 000000000<br>LEI: 300300C1031633000208 | Long             | EC               | CORP              | CN        |    124800 | NS      | $41375.75     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Consun Pharmaceutical Group Ltd                                                 | Consun Pharmaceutical Group Ltd                                                 | CUSIP: 000000000<br>LEI: 300300LQFLNDZZHCNN43 | Long             | EC               | CORP              | KY        |     23000 | NS      | $50480.92     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Shanxi Coal International Energy Group Co Ltd                                   | Shanxi Coal International Energy Group Co Ltd                                   | CUSIP: 000000000<br>LEI: 3003003UR8BIGZQWJO77 | Long             | EC               | CORP              | CN        |     11800 | NS      | $16228.53     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Industrias CH SAB de CV                                                         | Industrias CH SAB de CV                                                         | CUSIP: 000000000<br>LEI: 529900SVERL8O0Z3WG95 | Long             | EC               | CORP              | MX        |     23916 | NS      | $223312.64    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyundai Mobis Co Ltd                                                            | Hyundai Mobis Co Ltd                                                            | CUSIP: 000000000<br>LEI: 988400HJA9E0ZVDHRS65 | Long             | EC               | CORP              | KR        |      2438 | NS      | $518686.43    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| DA CIN Construction Co Ltd                                                      | DA CIN Construction Co Ltd                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     21200 | NS      | $41387.23     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiberhome Telecommunication Technologies Co Ltd                                 | Fiberhome Telecommunication Technologies Co Ltd                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      5800 | NS      | $22365.82     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China Zhenhua Group Science & Technology Co Ltd                                 | China Zhenhua Group Science & Technology Co Ltd                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      3700 | NS      | $26113.55     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sampo Corp                                                                      | Sampo Corp                                                                      | CUSIP: 000000000<br>LEI: 254900HMDHVVSN19H035 | Long             | EC               | CORP              | TW        |     31600 | NS      | $25868.50     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dilip Buildcon Ltd                                                              | Dilip Buildcon Ltd                                                              | CUSIP: 000000000<br>LEI: 335800EJO5LKYNTQZ934 | Long             | EC               | CORP              | IN        |      2642 | NS      | $14093.94     | 0.01%             |  |  |  | Yes           |                  1 | On Loan: No      |
| AECI Ltd                                                                        | AECI Ltd                                                                        | CUSIP: 000000000<br>LEI: 3789008641F1D3D90E85 | Long             | EC               | CORP              | ZA        |      8481 | NS      | $47703.78     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Shree Cement Ltd                                                                | Shree Cement Ltd                                                                | CUSIP: 000000000<br>LEI: 335800W6FNBDUZ89L830 | Long             | EC               | CORP              | IN        |       313 | NS      | $103782.52    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Kedge Construction Co Ltd                                                       | Kedge Construction Co Ltd                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      4324 | NS      | $12442.25     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Technocraft Industries India Ltd                                                | Technocraft Industries India Ltd                                                | CUSIP: 000000000<br>LEI: 335800UTY8L7CJOYCE53 | Long             | EC               | CORP              | IN        |       547 | NS      | $13590.48     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Xiamen Bank Co Ltd                                                              | Xiamen Bank Co Ltd                                                              | CUSIP: 000000000<br>LEI: 300300C1082435000037 | Long             | EC               | CORP              | CN        |     14900 | NS      | $13145.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Luenmei Quantum Co Ltd                                                          | Luenmei Quantum Co Ltd                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     13300 | NS      | $16908.88     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Wasu Media Holding Co Ltd                                                       | Wasu Media Holding Co Ltd                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     20700 | NS      | $23350.73     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Supreme Electronics Co Ltd                                                      | Supreme Electronics Co Ltd                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     40000 | NS      | $58402.78     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Vardhman Textiles Ltd                                                           | Vardhman Textiles Ltd                                                           | CUSIP: 000000000<br>LEI: 335800IFKRZHE2RKM206 | Long             | EC               | CORP              | IN        |      8165 | NS      | $37965.62     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Sobha Ltd                                                                       | Sobha Ltd                                                                       | CUSIP: 000000000<br>LEI: 3358009VFP3MXXLJDN54 | Long             | EC               | CORP              | IN        |      1677 | NS      | $29339.89     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Huayu Automotive Systems Co Ltd                                                 | Huayu Automotive Systems Co Ltd                                                 | CUSIP: 000000000<br>LEI: 3003001J2BNVV78BOT83 | Long             | EC               | CORP              | CN        |     17500 | NS      | $50397.21     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhejiang Dahua Technology Co Ltd                                                | Zhejiang Dahua Technology Co Ltd                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     19700 | NS      | $55764.25     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| YTO Express Group Co Ltd                                                        | YTO Express Group Co Ltd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     12500 | NS      | $32222.60     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Glass Industry Corp                                                      | Taiwan Glass Industry Corp                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     81321 | NS      | $73108.32     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| LT Foods Ltd                                                                    | LT Foods Ltd                                                                    | CUSIP: 000000000<br>LEI: 3358008WEECK49DUO516 | Long             | EC               | CORP              | IN        |     14320 | NS      | $65302.96     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CJ CheilJedang Corp                                                             | CJ CheilJedang Corp                                                             | CUSIP: 000000000<br>LEI: 9884008938PK154I3A92 | Long             | EC               | CORP              | KR        |       744 | NS      | $122228.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Samudera Indonesia Tbk PT                                                       | Samudera Indonesia Tbk PT                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |    979900 | NS      | $18698.36     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TA Chen Stainless Pipe                                                          | TA Chen Stainless Pipe                                                          | CUSIP: 000000000<br>LEI: 254900953CKYO1W5WB63 | Long             | EC               | CORP              | TW        |    110317 | NS      | $139353.12    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| D-Link Corp                                                                     | D-Link Corp                                                                     | CUSIP: 000000000<br>LEI: 2549008WUHJBB9D8NL73 | Long             | EC               | CORP              | TW        |     15640 | NS      | $8954.59      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Trident Ltd/India                                                               | Trident Ltd/India                                                               | CUSIP: 000000000<br>LEI: 335800KLFMJJVM3TUK37 | Long             | EC               | CORP              | IN        |     56042 | NS      | $17812.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Oceana Group Ltd                                                                | Oceana Group Ltd                                                                | CUSIP: 000000000<br>LEI: 378900F056B8F0D7F416 | Long             | EC               | CORP              | ZA        |     10541 | NS      | $30213.06     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Highwealth Construction Corp                                                    | Highwealth Construction Corp                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     98135 | NS      | $129599.51    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors                                                    | State Street Navigator Securities Lending Government Money Market Portfolio     | CUSIP: 857509301<br>LEI: 5493008BJIBKQ5KTIF74 | Long             | STIV             | RF                | US        |    564930 | NS      | $564930.05    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Shanghai Construction Group Co Ltd                                              | Shanghai Construction Group Co Ltd                                              | CUSIP: 000000000<br>LEI: 3003009M1GRD07UMUZ33 | Long             | EC               | CORP              | CN        |     55900 | NS      | $23165.86     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China Merchants Shekou Industrial Zone Holdings Co Ltd                          | China Merchants Shekou Industrial Zone Holdings Co Ltd                          | CUSIP: 000000000<br>LEI: 300300T3ACALX7NIPW13 | Long             | EC               | CORP              | CN        |     22000 | NS      | $31431.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Lanner Electronics Inc                                                          | Lanner Electronics Inc                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      6000 | NS      | $15749.06     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sekerbank Turk AS                                                               | Sekerbank Turk AS                                                               | CUSIP: 000000000<br>LEI: 549300WFSFBN7NQX3Q33 | Long             | EC               | CORP              | TR        |    183608 | NS      | $29808.46     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Vedanta Ltd                                                                     | Vedanta Ltd                                                                     | CUSIP: 000000000<br>LEI: 335800XDKX9KB5EMCO07 | Long             | EC               | CORP              | IN        |     44540 | NS      | $233563.64    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC India Ltd                                                                   | PTC India Ltd                                                                   | CUSIP: 000000000<br>LEI: 335800A6CY6EXEXS5619 | Long             | EC               | CORP              | IN        |     17788 | NS      | $33436.86     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Infibeam Avenues Ltd                                                            | Infibeam Avenues Ltd                                                            | CUSIP: 000000000<br>LEI: 254900TMP0656LN8IW04 | Long             | EC               | CORP              | IN        |     77058 | NS      | $14103.05     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Jiangsu Eastern Shenghong Co Ltd                                                | Jiangsu Eastern Shenghong Co Ltd                                                | CUSIP: 000000000<br>LEI: 3003003WRWKC1GZHMH20 | Long             | EC               | CORP              | CN        |     29100 | NS      | $38876.58     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Grand Pharmaceutical Group Ltd                                                  | Grand Pharmaceutical Group Ltd                                                  | CUSIP: 000000000<br>LEI: 8945001XW4FS15S8Z778 | Long             | EC               | CORP              | BM        |     88500 | NS      | $96893.45     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenzhen Neptunus Bioengineering Co Ltd                                         | Shenzhen Neptunus Bioengineering Co Ltd                                         | CUSIP: 000000000<br>LEI: 300300J4GCOV7CYQTB51 | Long             | EC               | CORP              | CN        |     28200 | NS      | $9864.23      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Thanachart Capital PCL                                                          | Thanachart Capital PCL                                                          | CUSIP: 000000000<br>LEI: 529900VNNYCFS81B3436 | Long             | EC               | CORP              | TH        |     17800 | NS      | $27602.22     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Formosa Plastics Corp                                                           | Formosa Plastics Corp                                                           | CUSIP: 000000000<br>LEI: 254900KM6G17UTG1QN82 | Long             | EC               | CORP              | TW        |    183000 | NS      | $231466.96    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Harbin Electric Co Ltd                                                          | Harbin Electric Co Ltd                                                          | CUSIP: 000000000<br>LEI: 529900QH6Y4U07RU0U61 | Long             | EC               | CORP              | CN        |     74000 | NS      | $112018.20    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Co-Tech Development Corp                                                        | Co-Tech Development Corp                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      6000 | NS      | $45672.29     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Welspun Corp Ltd                                                                | Welspun Corp Ltd                                                                | CUSIP: 000000000<br>LEI: 335800XKRIPYYRZNRQ31 | Long             | EC               | CORP              | IN        |      7360 | NS      | $71163.97     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Hung Sheng Construction Ltd                                                     | Hung Sheng Construction Ltd                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     13688 | NS      | $9678.34      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Abu Dhabi Ports Co PJSC                                                         | Abu Dhabi Ports Co PJSC                                                         | CUSIP: 000000000<br>LEI: 213800F5LEV1NQJ68T87 | Long             | EC               | CORP              | AE        |     54207 | NS      | $55047.47     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| HG Infra Engineering Ltd                                                        | HG Infra Engineering Ltd                                                        | CUSIP: 000000000<br>LEI: 335800BXKA7LBOYQWU84 | Long             | EC               | CORP              | IN        |      1150 | NS      | $12045.44     | 0.01%             |  |  |  | Yes           |                  1 | On Loan: No      |
| HEG Ltd                                                                         | HEG Ltd                                                                         | CUSIP: 000000000<br>LEI: 335800E4LMUNWK4CCM21 | Long             | EC               | CORP              | IN        |      6270 | NS      | $35795.78     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Shui On Land Ltd                                                                | Shui On Land Ltd                                                                | CUSIP: 000000000<br>LEI: 5299008W71Y7DHTU7753 | Long             | EC               | CORP              | KY        |    183500 | NS      | $17449.35     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China Motor Corp                                                                | China Motor Corp                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     22478 | NS      | $46905.99     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Equitas Small Finance Bank Ltd                                                  | Equitas Small Finance Bank Ltd                                                  | CUSIP: 000000000<br>LEI: 335800MZBFLSP1VQKJ89 | Long             | EC               | CORP              | IN        |     16074 | NS      | $10355.28     | 0.00%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Empresa Nacional de Telecomunicaciones SA                                       | Empresa Nacional de Telecomunicaciones SA                                       | CUSIP: 000000000<br>LEI: 529900N4SUIP0URJT330 | Long             | EC               | CORP              | CL        |     13467 | NS      | $47484.61     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| DoubleUGames Co Ltd                                                             | DoubleUGames Co Ltd                                                             | CUSIP: 000000000<br>LEI: 549300YX1GSB0NJDFU35 | Long             | EC               | CORP              | KR        |       604 | NS      | $22385.52     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CTCI Corp                                                                       | CTCI Corp                                                                       | CUSIP: 000000000<br>LEI: 54930026E4DTBSJUWH86 | Long             | EC               | CORP              | TW        |     36306 | NS      | $37702.11     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CALB Group Co Ltd                                                               | CALB Group Co Ltd                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      4100 | NS      | $18682.46     | 0.01%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Cemex SAB de CV                                                                 | Cemex SAB de CV                                                                 | CUSIP: 000000000<br>LEI: 549300RIG2CXWN6IV731 | Long             | EC               | CORP              | MX        |    685631 | NS      | $616238.64    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd                                                      | Samsung Electronics Co Ltd                                                      | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |     17972 | NS      | $1074694.99   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Formosa Sumco Technology Corp                                                   | Formosa Sumco Technology Corp                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      5000 | NS      | $16651.36     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Everlight Electronics Co Ltd                                                    | Everlight Electronics Co Ltd                                                    | CUSIP: 000000000<br>LEI: 2549005XKYNKN91J5J47 | Long             | EC               | CORP              | TW        |     32000 | NS      | $67091.02     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TCI Co Ltd                                                                      | TCI Co Ltd                                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      5000 | NS      | $19276.20     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhuzhou CRRC Times Electric Co Ltd                                              | Zhuzhou CRRC Times Electric Co Ltd                                              | CUSIP: 000000000<br>LEI: 529900PLNH7NQLN00B53 | Long             | EC               | CORP              | CN        |     25600 | NS      | $140797.61    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Jiangxi Copper Co Ltd                                                           | Jiangxi Copper Co Ltd                                                           | CUSIP: 000000000<br>LEI: 3003002E74YFQ6MEZY56 | Long             | EC               | CORP              | CN        |     70000 | NS      | $274352.83    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Astra Agro Lestari Tbk PT                                                       | Astra Agro Lestari Tbk PT                                                       | CUSIP: 000000000<br>LEI: 529900XU6T7VIQ56SN17 | Long             | EC               | CORP              | ID        |     28600 | NS      | $14029.70     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Xinhua Winshare Publishing and Media Co Ltd                                     | Xinhua Winshare Publishing and Media Co Ltd                                     | CUSIP: 000000000<br>LEI: 529900GRONU6MXRSA398 | Long             | EC               | CORP              | CN        |     18000 | NS      | $24818.97     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Adani Power Ltd                                                                 | Adani Power Ltd                                                                 | CUSIP: 000000000<br>LEI: 33580074T4XKFXBDG813 | Long             | EC               | CORP              | IN        |     40280 | NS      | $65758.17     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Novatek Microelectronics Corp                                                   | Novatek Microelectronics Corp                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      8000 | NS      | $111949.60    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| MOL Hungarian Oil & Gas PLC                                                     | MOL Hungarian Oil & Gas PLC                                                     | CUSIP: 000000000<br>LEI: 213800R83KX5FQFGXS67 | Long             | EC               | CORP              | HU        |     35861 | NS      | $291263.65    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| UNTRADE HUIYUAN JUICE                                                           | UNTRADE HUIYUAN JUICE                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |     84500 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Qisda Corp                                                                      | Qisda Corp                                                                      | CUSIP: 000000000<br>LEI: 254900H95TJC2CV11X50 | Long             | EC               | CORP              | TW        |    129400 | NS      | $128007.42    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Guizhou Xinbang Pharmaceutical Co Ltd                                           | Guizhou Xinbang Pharmaceutical Co Ltd                                           | CUSIP: 000000000<br>LEI: 300300V0VT8TMAY8LY93 | Long             | EC               | CORP              | CN        |     32400 | NS      | $17295.90     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| PCBL CHEMICAL Ltd                                                               | PCBL CHEMICAL Ltd                                                               | CUSIP: 000000000<br>LEI: 335800I8VXFCCF21IB24 | Long             | EC               | CORP              | IN        |     11386 | NS      | $47902.92     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Foschini Group Ltd                                                              | Foschini Group Ltd                                                              | CUSIP: 000000000<br>LEI: 3789PTO7LG718IG59F97 | Long             | EC               | CORP              | ZA        |     32332 | NS      | $204270.09    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Alamtri Minerals Indonesia Tbk PT                                               | Alamtri Minerals Indonesia Tbk PT                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |    382600 | NS      | $24106.21     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Business Bank                                                            | Taiwan Business Bank                                                            | CUSIP: 000000000<br>LEI: 254900930YMK9AXL9O17 | Long             | EC               | CORP              | TW        |    511954 | NS      | $264560.52    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Tofflon Science & Technology Group Co Ltd                                       | Tofflon Science & Technology Group Co Ltd                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      3500 | NS      | $7006.44      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyundai Department Store Co Ltd                                                 | Hyundai Department Store Co Ltd                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       867 | NS      | $54687.64     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Vina Concha y Toro SA                                                           | Vina Concha y Toro SA                                                           | CUSIP: 000000000<br>LEI: 5493008GQ74NEYBVB518 | Long             | EC               | CORP              | CL        |     23908 | NS      | $26209.95     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Indus Towers Ltd                                                                | Indus Towers Ltd                                                                | CUSIP: 000000000<br>LEI: 335800L6DI4VHODGDK41 | Long             | EC               | CORP              | IN        |    101143 | NS      | $392263.57    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Lion Travel Service Co Ltd                                                      | Lion Travel Service Co Ltd                                                      | CUSIP: 000000000<br>LEI: 9845006A8B49DZDBJD37 | Long             | EC               | CORP              | TW        |      3000 | NS      | $15601.42     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bangkok Commercial Asset Management PCL                                         | Bangkok Commercial Asset Management PCL                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |    116500 | NS      | $27862.21     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Morimatsu International Holdings Co Ltd                                         | Morimatsu International Holdings Co Ltd                                         | CUSIP: 000000000<br>LEI: 254900S979D8JU8HAB24 | Long             | EC               | CORP              | HK        |     30000 | NS      | $42367.27     | 0.02%             |  |  |  | Yes           |                  1 | On Loan: —       |
| Aspirasi Hidup Indonesia Tbk PT                                                 | Aspirasi Hidup Indonesia Tbk PT                                                 | CUSIP: 000000000<br>LEI: 529900WER46RYFNZER60 | Long             | EC               | CORP              | ID        |    625900 | NS      | $16149.83     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hong TAI Electric Industrial                                                    | Hong TAI Electric Industrial                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     32000 | NS      | $40265.11     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco del Bajio SA                                                              | Banco del Bajio SA                                                              | CUSIP: 000000000<br>LEI: 4469000001BD95FFLY16 | Long             | EC               | CORP              | MX        |     37942 | NS      | $95655.23     | 0.04%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Vale SA                                                                         | Vale SA                                                                         | CUSIP: 000000000<br>LEI: 254900SMTWBX7RU2SR20 | Long             | EC               | CORP              | BR        |     20412 | NS      | $220831.97    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Redington Ltd                                                                   | Redington Ltd                                                                   | CUSIP: 000000000<br>LEI: 335800DTFNX7F2LM5227 | Long             | EC               | CORP              | IN        |     57900 | NS      | $184351.40    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Anton Oilfield Services Group/Hong Kong                                         | Anton Oilfield Services Group/Hong Kong                                         | CUSIP: 000000000<br>LEI: 30030021ZM71H1GIKX11 | Long             | EC               | CORP              | KY        |    112000 | NS      | $19861.35     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ping An Bank Co Ltd                                                             | Ping An Bank Co Ltd                                                             | CUSIP: 000000000<br>LEI: 549300W9MKNIVWXFM679 | Long             | EC               | CORP              | CN        |     42300 | NS      | $67385.74     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Meghmani Organics Ltd                                                           | Meghmani Organics Ltd                                                           | CUSIP: 000000000<br>LEI: 335800YPW3RP6ABV7T97 | Long             | EC               | CORP              | IN        |      7232 | NS      | $6589.45      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| T3EX Global Holdings Corp                                                       | T3EX Global Holdings Corp                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      4000 | NS      | $9186.95      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunshine Lake Pharma Co Ltd                                                     | Sunshine Lake Pharma Co Ltd                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      6748 | NS      | $43009.89     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| YC INOX Co Ltd                                                                  | YC INOX Co Ltd                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     29977 | NS      | $19376.17     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| FIEM Industries Ltd                                                             | FIEM Industries Ltd                                                             | CUSIP: 000000000<br>LEI: 3358009O3A5U2F72TS71 | Long             | EC               | CORP              | IN        |      1108 | NS      | $23791.32     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Caitong Securities Co Ltd                                                       | Caitong Securities Co Ltd                                                       | CUSIP: 000000000<br>LEI: 300300E1006233000091 | Long             | EC               | CORP              | CN        |     15470 | NS      | $18298.56     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Investec Ltd                                                                    | Investec Ltd                                                                    | CUSIP: 000000000<br>LEI: 213800CU7SM6O4UWOZ70 | Long             | EC               | CORP              | ZA        |      2793 | NS      | $20720.28     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Kaohsiung Co Ltd                                                        | Bank of Kaohsiung Co Ltd                                                        | CUSIP: 000000000<br>LEI: 549300DS5HSXU83N7Y88 | Long             | EC               | CORP              | TW        |     66544 | NS      | $26090.98     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Corp Actinver SAB de CV                                                         | Corp Actinver SAB de CV                                                         | CUSIP: 000000000<br>LEI: 4469000001BLGPNHCR40 | Long             | EC               | CORP              | MX        |     15700 | NS      | $16614.30     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sibanye Stillwater Ltd                                                          | Sibanye Stillwater Ltd                                                          | CUSIP: 000000000<br>LEI: 378900F238434B74D281 | Long             | EC               | CORP              | ZA        |     82691 | NS      | $236006.91    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Delhivery Ltd                                                                   | Delhivery Ltd                                                                   | CUSIP: 000000000<br>LEI: 335800CUQ1SBCH9TTH82 | Long             | EC               | CORP              | IN        |     10201 | NS      | $52148.88     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Wistron Corp                                                                    | Wistron Corp                                                                    | CUSIP: 000000000<br>LEI: 254900DIEONKUALBFM06 | Long             | EC               | CORP              | TW        |    174431 | NS      | $804106.42    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Galaxy Surfactants Ltd                                                          | Galaxy Surfactants Ltd                                                          | CUSIP: 000000000<br>LEI: 335800SORP4DOEAXB673 | Long             | EC               | CORP              | IN        |       569 | NS      | $14098.63     | 0.01%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Dong-A Socio Holdings Co Ltd                                                    | Dong-A Socio Holdings Co Ltd                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       295 | NS      | $24347.67     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TS Financial Holding Co Ltd                                                     | TS Financial Holding Co Ltd                                                     | CUSIP: 000000000<br>LEI: 254900NDEO99JV07HK17 | Long             | EC               | CORP              | TW        |   1301036 | NS      | $768378.77    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| OSK Holdings Bhd                                                                | OSK Holdings Bhd                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |    111682 | NS      | $36356.03     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Topco Scientific Co Ltd                                                         | Topco Scientific Co Ltd                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      8115 | NS      | $83604.90     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Brighton-Best International Taiwan Inc                                          | Brighton-Best International Taiwan Inc                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     17000 | NS      | $18713.50     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GRG Banking Equipment Co Ltd                                                    | GRG Banking Equipment Co Ltd                                                    | CUSIP: 000000000<br>LEI: 836800SWXACTDG5DWE68 | Long             | EC               | CORP              | CN        |     12500 | NS      | $24373.28     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| VA Tech Wabag Ltd                                                               | VA Tech Wabag Ltd                                                               | CUSIP: 000000000<br>LEI: 335800GM4KXSX7LLLI83 | Long             | EC               | CORP              | IN        |      3405 | NS      | $55031.47     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Trina Solar Co Ltd                                                              | Trina Solar Co Ltd                                                              | CUSIP: 000000000<br>LEI: 30030040IFQ4UMZDUU48 | Long             | EC               | CORP              | CN        |     13541 | NS      | $33041.91     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Indo Count Industries Ltd                                                       | Indo Count Industries Ltd                                                       | CUSIP: 000000000<br>LEI: 335800K2IZ3N44GS9379 | Long             | EC               | CORP              | IN        |      4356 | NS      | $13208.50     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SIHUAN PHARM RHTS                                                               | SIHUAN PHARM RHTS                                                               | CUSIP: 000000000<br>LEI: 529900UD7C9N3AQO1V88 | N/A              | DE               |  | HK        |        35 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Raymond Ltd                                                                     | Raymond Ltd                                                                     | CUSIP: 000000000<br>LEI: 335800B168I54HROR215 | Long             | EC               | CORP              | IN        |      3276 | NS      | $21256.11     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China Resources Double Crane Pharmaceutical Co Ltd                              | China Resources Double Crane Pharmaceutical Co Ltd                              | CUSIP: 000000000<br>LEI: 3003008IFGE1S66ZZA20 | Long             | EC               | CORP              | CN        |      6300 | NS      | $16532.25     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanson International Tbk PT                                                     | Hanson International Tbk PT                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |   5335700 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| SK Inc                                                                          | SK Inc                                                                          | CUSIP: 000000000<br>LEI: 988400GMME8AOAFMDK34 | Long             | EC               | CORP              | KR        |      1745 | NS      | $261181.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| China Railway Group Ltd                                                         | China Railway Group Ltd                                                         | CUSIP: 000000000<br>LEI: 529900TFRLG8UDJ7QA89 | Long             | EC               | CORP              | CN        |    247000 | NS      | $124738.66    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Tripod Technology Corp                                                          | Tripod Technology Corp                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     29000 | NS      | $285927.55    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Chengdu Kanghong Pharmaceutical Group Co Ltd                                    | Chengdu Kanghong Pharmaceutical Group Co Ltd                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      4900 | NS      | $25489.68     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kingboard Holdings Ltd                                                          | Kingboard Holdings Ltd                                                          | CUSIP: 000000000<br>LEI: 529900G89MY26MMSDR76 | Long             | EC               | CORP              | KY        |     59000 | NS      | $209556.73    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Fertilizer Co Ltd                                                        | Taiwan Fertilizer Co Ltd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     48000 | NS      | $77485.40     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Anhui Hengyuan Coal Industry and Electricity Power Co Ltd                       | Anhui Hengyuan Coal Industry and Electricity Power Co Ltd                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     12600 | NS      | $11965.53     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Jiangsu Provincial Agricultural Reclamation and Development Corp                | Jiangsu Provincial Agricultural Reclamation and Development Corp                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     14300 | NS      | $18843.15     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sigurd Microelectronics Corp                                                    | Sigurd Microelectronics Corp                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     42694 | NS      | $127474.05    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Hoshine Silicon Industry Co Ltd                                                 | Hoshine Silicon Industry Co Ltd                                                 | CUSIP: 000000000<br>LEI: 300300RQV6XQFC4OVX72 | Long             | EC               | CORP              | CN        |      4200 | NS      | $29176.30     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Oberoi Realty Ltd                                                               | Oberoi Realty Ltd                                                               | CUSIP: 000000000<br>LEI: 335800TCKG1XQXN51L44 | Long             | EC               | CORP              | IN        |      5090 | NS      | $91150.06     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Petroleo Brasileiro SA - Petrobras                                              | Petroleo Brasileiro SA - Petrobras                                              | CUSIP: 000000000<br>LEI: 5493000J801JZRCMFE49 | Long             | EP               | CORP              | BR        |    195991 | NS      | $1158509.44   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Hankook Tire & Technology Co Ltd                                                | Hankook Tire & Technology Co Ltd                                                | CUSIP: 000000000<br>LEI: 9884001BIEVM09M7AH02 | Long             | EC               | CORP              | KR        |      5220 | NS      | $142679.88    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Cholamandalam Financial Holdings Ltd                                            | Cholamandalam Financial Holdings Ltd                                            | CUSIP: 000000000<br>LEI: 335800WAHI1O38BILX22 | Long             | EC               | CORP              | IN        |      5275 | NS      | $111692.08    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| UNTRADE HUA HAN HEALTH                                                          | UNTRADE HUA HAN HEALTH                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |    504000 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Jinneng Holding Shanxi Coal Industry Co Ltd                                     | Jinneng Holding Shanxi Coal Industry Co Ltd                                     | CUSIP: 000000000<br>LEI: 300300PLI08AQT6KAQ96 | Long             | EC               | CORP              | CN        |     15000 | NS      | $28995.08     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Zydus Lifesciences Ltd                                                          | Zydus Lifesciences Ltd                                                          | CUSIP: 000000000<br>LEI: 335800R9O14ORBXLPN13 | Long             | EC               | CORP              | IN        |     10313 | NS      | $114177.52    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Rhi Magnesita India Ltd                                                         | Rhi Magnesita India Ltd                                                         | CUSIP: 000000000<br>LEI: 529900FVDEOVQTYATK48 | Long             | EC               | CORP              | IN        |      2246 | NS      | $11180.83     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| UNTRADE.CHINA ZHONGWANG                                                         | UNTRADE.CHINA ZHONGWANG                                                         | CUSIP: 000000000<br>LEI: 529900J21TD2P9K4YC63 | Long             | EC               | CORP              | HK        |    154000 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: —       |
| Sansteel Minguang Co Ltd Fujian                                                 | Sansteel Minguang Co Ltd Fujian                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     13700 | NS      | $8025.48      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Bairong Inc                                                                     | Bairong Inc                                                                     | CUSIP: 000000000<br>LEI: 655600R1JGW8TTPKVN84 | Long             | EC               | CORP              | KY        |     21500 | NS      | $30059.30     | 0.01%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Dayamitra Telekomunikasi PT                                                     | Dayamitra Telekomunikasi PT                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |   1395200 | NS      | $48557.82     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Mahindra & Mahindra Financial Services Ltd                                      | Mahindra & Mahindra Financial Services Ltd                                      | CUSIP: 000000000<br>LEI: 3358004E2XAMX9DYZM69 | Long             | EC               | CORP              | IN        |     55632 | NS      | $172932.18    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| MISC Bhd                                                                        | MISC Bhd                                                                        | CUSIP: 000000000<br>LEI: 9845002055U77FF6B972 | Long             | EC               | CORP              | MY        |     94320 | NS      | $163606.04    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Weichai Power Co Ltd                                                            | Weichai Power Co Ltd                                                            | CUSIP: 000000000<br>LEI: 529900OKTPKBG85F9502 | Long             | EC               | CORP              | CN        |    124000 | NS      | $222283.62    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Alltek Technology Corp                                                          | Alltek Technology Corp                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     10000 | NS      | $10269.70     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Industries Ltd                                                         | Reliance Industries Ltd                                                         | CUSIP: 000000000<br>LEI: 5493003UOETFYRONLG31 | Long             | EC               | CORP              | IN        |    402168 | NS      | $6178228.12   | 2.90%             |  |  |  | No            |                  1 | On Loan: No      |
| BOC Aviation Ltd                                                                | BOC Aviation Ltd                                                                | CUSIP: 000000000<br>LEI: 254900H06V5RMEB3KE72 | Long             | EC               | CORP              | SG        |     10700 | NS      | $95698.38     | 0.04%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Exide Industries Ltd                                                            | Exide Industries Ltd                                                            | CUSIP: 000000000<br>LEI: 335800X6SNGIZCBA9V34 | Long             | EC               | CORP              | IN        |     26178 | NS      | $115516.22    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Hua Nan Financial Holdings Co Ltd                                               | Hua Nan Financial Holdings Co Ltd                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    318453 | NS      | $309279.11    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Sinotruk Jinan Truck Co Ltd                                                     | Sinotruk Jinan Truck Co Ltd                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      2800 | NS      | $6769.45      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Shandong Weigao Group Medical Polymer Co Ltd                                    | Shandong Weigao Group Medical Polymer Co Ltd                                    | CUSIP: 000000000<br>LEI: 5299005WQUU15JQU8S60 | Long             | EC               | CORP              | CN        |    153600 | NS      | $114677.68    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Security Bank Corp                                                              | Security Bank Corp                                                              | CUSIP: 000000000<br>LEI: 549300JSVDZIR2CPTP95 | Long             | EC               | CORP              | PH        |     30510 | NS      | $37429.79     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| WNC Corp /Taiwan                                                                | WNC Corp /Taiwan                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     26429 | NS      | $101022.98    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| JPC connectivity Inc                                                            | JPC connectivity Inc                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      5000 | NS      | $26494.52     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhou Hei Ya International Holdings Co Ltd                                       | Zhou Hei Ya International Holdings Co Ltd                                       | CUSIP: 000000000<br>LEI: 549300VS12GP9PYWII36 | Long             | EC               | CORP              | KY        |     54000 | NS      | $14155.83     | 0.01%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Taiwan Paiho Ltd                                                                | Taiwan Paiho Ltd                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     12000 | NS      | $21300.61     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Wuchan Zhongda Group Co Ltd                                                     | Wuchan Zhongda Group Co Ltd                                                     | CUSIP: 000000000<br>LEI: 300300PA9D9DEGG5M059 | Long             | EC               | CORP              | CN        |     29100 | NS      | $24568.69     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyundai Home Shopping Network Corp                                              | Hyundai Home Shopping Network Corp                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       327 | NS      | $12748.58     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China Overseas Land & Investment Ltd                                            | China Overseas Land & Investment Ltd                                            | CUSIP: 000000000<br>LEI: 529900I6W35GYKRIZ151 | Long             | EC               | CORP              | HK        |    189500 | NS      | $349683.56    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Parade Technologies Ltd                                                         | Parade Technologies Ltd                                                         | CUSIP: 000000000<br>LEI: 529900D9FDQHQKAQLY02 | Long             | EC               | CORP              | KY        |      5000 | NS      | $121563.09    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard International Semiconductor Corp                                       | Vanguard International Semiconductor Corp                                       | CUSIP: 000000000<br>LEI: 2549001S5Q158BIJJO13 | Long             | EC               | CORP              | TW        |     47576 | NS      | $159221.47    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Simplo Technology Co Ltd                                                        | Simplo Technology Co Ltd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      9000 | NS      | $109259.14    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Yankuang Energy Group Co Ltd                                                    | Yankuang Energy Group Co Ltd                                                    | CUSIP: 000000000<br>LEI: 3003005N7A6HYZ4Z0K39 | Long             | EC               | CORP              | CN        |    192000 | NS      | $251165.84    | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Hyundai Glovis Co Ltd                                                           | Hyundai Glovis Co Ltd                                                           | CUSIP: 000000000<br>LEI: 988400U6RDXNJ5ZRN304 | Long             | EC               | CORP              | KR        |      1450 | NS      | $170934.75    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Megaworld Corp                                                                  | Megaworld Corp                                                                  | CUSIP: 000000000<br>LEI: 254900P57OOZ5AY5C521 | Long             | EC               | CORP              | PH        |   1004700 | NS      | $34353.14     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcadyan Technology Corp                                                        | Arcadyan Technology Corp                                                        | CUSIP: 000000000<br>LEI: 254900R5W61G3GO1Q067 | Long             | EC               | CORP              | TW        |     11000 | NS      | $79221.08     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Daesang Corp                                                                    | Daesang Corp                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      2426 | NS      | $38039.98     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Anhui Zhongding Sealing Parts Co Ltd                                            | Anhui Zhongding Sealing Parts Co Ltd                                            | CUSIP: 000000000<br>LEI: 8368004OP8Y2TOEZ4J48 | Long             | EC               | CORP              | CN        |     13300 | NS      | $46448.03     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Bangkok Bank PCL                                                                | Bangkok Bank PCL                                                                | CUSIP: 000000000<br>LEI: 549300CCL2BKJGMYXV60 | Long             | EC               | CORP              | TH        |     13300 | NS      | $61154.14     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ningbo Huaxiang Electronic Co Ltd                                               | Ningbo Huaxiang Electronic Co Ltd                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      8950 | NS      | $48657.36     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Gujarat Mineral Development Corp Ltd                                            | Gujarat Mineral Development Corp Ltd                                            | CUSIP: 000000000<br>LEI: 335800B8OP5L7DH9VD35 | Long             | EC               | CORP              | IN        |      5595 | NS      | $37682.81     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Metrodata Electronics Tbk PT                                                    | Metrodata Electronics Tbk PT                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |    524800 | NS      | $18894.69     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Gujarat State Fertilizers & Chemicals Ltd                                       | Gujarat State Fertilizers & Chemicals Ltd                                       | CUSIP: 000000000<br>LEI: 335800KZ8757J7YPWG63 | Long             | EC               | CORP              | IN        |     15178 | NS      | $33578.74     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Telkom SA SOC Ltd                                                               | Telkom SA SOC Ltd                                                               | CUSIP: 000000000<br>LEI: 529900GES0BUVJEDKF90 | Long             | EC               | CORP              | ZA        |     28405 | NS      | $84162.35     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxaro Resources Ltd                                                            | Exxaro Resources Ltd                                                            | CUSIP: 000000000<br>LEI: 378900BC3D9BFF4E4A37 | Long             | EC               | CORP              | ZA        |     16672 | NS      | $173940.99    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Strides Pharma Science Ltd                                                      | Strides Pharma Science Ltd                                                      | CUSIP: 000000000<br>LEI: 335800WHFYXUCHR9DD10 | Long             | EC               | CORP              | IN        |      5470 | NS      | $50456.05     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Bradesco SA                                                               | Banco Bradesco SA                                                               | CUSIP: 059460303<br>LEI: 549300CTUU1RFXHQJE44 | Long             | EC               | CORP              | BR        |     87896 | NS      | $297088.48    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanwha Investment & Securities Co Ltd                                           | Hanwha Investment & Securities Co Ltd                                           | CUSIP: 000000000<br>LEI: 988400KXJ03CDTKDV406 | Long             | EC               | CORP              | KR        |      5680 | NS      | $25787.82     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Huafon Chemical Co Ltd                                                          | Huafon Chemical Co Ltd                                                          | CUSIP: 000000000<br>LEI: 300300Z8ACP5RSQRBQ16 | Long             | EC               | CORP              | CN        |     27754 | NS      | $35557.81     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Acer Inc                                                                        | Acer Inc                                                                        | CUSIP: 000000000<br>LEI: 2549006Z3IVAZIQEUM25 | Long             | EC               | CORP              | TW        |    165884 | NS      | $168452.98    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| SeAH Steel Holdings Corp                                                        | SeAH Steel Holdings Corp                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       136 | NS      | $15383.06     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GT Capital Holdings Inc                                                         | GT Capital Holdings Inc                                                         | CUSIP: 000000000<br>LEI: 254900P0ZPSRAHUO2131 | Long             | EC               | CORP              | PH        |      7512 | NS      | $74281.03     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Suzhou Co Ltd                                                           | Bank of Suzhou Co Ltd                                                           | CUSIP: 000000000<br>LEI: 300300C1115332000047 | Long             | EC               | CORP              | CN        |     22220 | NS      | $25471.16     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| J&T Global Express Ltd                                                          | J&T Global Express Ltd                                                          | CUSIP: 000000000<br>LEI: 2549009MQXHGQY558V11 | Long             | EC               | CORP              | KY        |     16200 | NS      | $20359.42     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TBEA Co Ltd                                                                     | TBEA Co Ltd                                                                     | CUSIP: 000000000<br>LEI: 300300NIEBMOQ4DNLE36 | Long             | EC               | CORP              | CN        |     27300 | NS      | $68264.86     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Guangxi Liugong Machinery Co Ltd                                                | Guangxi Liugong Machinery Co Ltd                                                | CUSIP: 000000000<br>LEI: 8368002I2G890E1Y2387 | Long             | EC               | CORP              | CN        |     14900 | NS      | $23150.26     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Beijing Easpring Material Technology Co Ltd                                     | Beijing Easpring Material Technology Co Ltd                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      2700 | NS      | $25181.47     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Enka Insaat ve Sanayi AS                                                        | Enka Insaat ve Sanayi AS                                                        | CUSIP: 000000000<br>LEI: 789000EE9HXTYDRH9O46 | Long             | EC               | CORP              | TR        |     52886 | NS      | $89548.36     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| O-Bank Co Ltd                                                                   | O-Bank Co Ltd                                                                   | CUSIP: 000000000<br>LEI: 54930060IU46JWRHN675 | Long             | EC               | CORP              | TW        |     91943 | NS      | $27270.97     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cia Siderurgica Nacional SA                                                     | Cia Siderurgica Nacional SA                                                     | CUSIP: 000000000<br>LEI: 529900K40TEND42S0T46 | Long             | EC               | CORP              | BR        |     34656 | NS      | $51441.10     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| IRB-Brasil Resseguros SA                                                        | IRB-Brasil Resseguros SA                                                        | CUSIP: 000000000<br>LEI: 21380017DVWSU9AEU878 | Long             | EC               | CORP              | BR        |      3822 | NS      | $35187.75     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| GCC SAB de CV                                                                   | GCC SAB de CV                                                                   | CUSIP: 000000000<br>LEI: 254900WY9XL8033CKX68 | Long             | EC               | CORP              | MX        |      9763 | NS      | $92397.58     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Charoen Pokphand Enterprise                                                     | Charoen Pokphand Enterprise                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     12000 | NS      | $55318.59     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Elitegroup Computer Systems Co Ltd                                              | Elitegroup Computer Systems Co Ltd                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     35877 | NS      | $25544.03     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ghitha Holding PJSC                                                             | Ghitha Holding PJSC                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AE        |      1680 | NS      | $12285.38     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| San Miguel Corp                                                                 | San Miguel Corp                                                                 | CUSIP: 000000000<br>LEI: 549300AGC9NFF12PHN68 | Long             | EC               | CORP              | PH        |     41650 | NS      | $41506.87     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Hua Yu Lien Development Co Ltd                                                  | Hua Yu Lien Development Co Ltd                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      3904 | NS      | $9273.89      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Lotes Co Ltd                                                                    | Lotes Co Ltd                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      4000 | NS      | $202769.21    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Deyaar Development PJSC                                                         | Deyaar Development PJSC                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AE        |    130763 | NS      | $35565.06     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Loncin Motor Co Ltd                                                             | Loncin Motor Co Ltd                                                             | CUSIP: 000000000<br>LEI: 300300UMZLAO4ZKCQD58 | Long             | EC               | CORP              | CN        |     10000 | NS      | $16885.70     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Compal Electronics Inc                                                          | Compal Electronics Inc                                                          | CUSIP: 000000000<br>LEI: 529900ZPKWFDL21LW166 | Long             | EC               | CORP              | TW        |    288000 | NS      | $306161.82    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Jilin Aodong Pharmaceutical Group Co Ltd                                        | Jilin Aodong Pharmaceutical Group Co Ltd                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      7300 | NS      | $20520.34     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheng Uei Precision Industry Co Ltd                                             | Cheng Uei Precision Industry Co Ltd                                             | CUSIP: 000000000<br>LEI: 254900SRBL7PCW8NHH19 | Long             | EC               | CORP              | TW        |     34543 | NS      | $53665.30     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Guotai Haitong Securities Co Ltd                                                | Guotai Haitong Securities Co Ltd                                                | CUSIP: 000000000<br>LEI: 300300E1005431000017 | Long             | EC               | CORP              | CN        |    105152 | NS      | $217007.45    | 0.10%             |  |  |  | Yes           |                  1 | On Loan: No      |
| China Nonferrous Mining Corp Ltd                                                | China Nonferrous Mining Corp Ltd                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |    102000 | NS      | $196346.67    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Sansure Biotech Inc                                                             | Sansure Biotech Inc                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      3333 | NS      | $9912.22      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| China Banking Corp                                                              | China Banking Corp                                                              | CUSIP: 000000000<br>LEI: 549300UF0WW28Z71DM64 | Long             | EC               | CORP              | PH        |     60526 | NS      | $64477.87     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Tauron Polska Energia SA                                                        | Tauron Polska Energia SA                                                        | CUSIP: 000000000<br>LEI: 259400NAPDFBOTNCRL54 | Long             | EC               | CORP              | PL        |    125505 | NS      | $314086.22    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Shanghai Zhonggu Logistics Co Ltd                                               | Shanghai Zhonggu Logistics Co Ltd                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      9300 | NS      | $14227.40     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Patel Engineering Ltd                                                           | Patel Engineering Ltd                                                           | CUSIP: 000000000<br>LEI: 335800DDGBBTMMDYA829 | Long             | EC               | CORP              | IN        |     47895 | NS      | $19969.57     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Pan German Universal Motors Ltd                                                 | Pan German Universal Motors Ltd                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      2000 | NS      | $19751.95     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| HDC Holdings Co Ltd                                                             | HDC Holdings Co Ltd                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      2781 | NS      | $34488.72     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ASE Technology Holding Co Ltd                                                   | ASE Technology Holding Co Ltd                                                   | CUSIP: 000000000<br>LEI: 300300GO8QHPMV87NZ73 | Long             | EC               | CORP              | TW        |    233000 | NS      | $1253756.81   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| G R Infraprojects Ltd                                                           | G R Infraprojects Ltd                                                           | CUSIP: 000000000<br>LEI: 335800I2RNFSOBZLRM83 | Long             | EC               | CORP              | IN        |      1719 | NS      | $23639.24     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Alibaba Group Holding Ltd                                                       | Alibaba Group Holding Ltd                                                       | CUSIP: 01609W102<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |       662 | NS      | $118319.26    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Tomson Group Ltd                                                                | Tomson Group Ltd                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      1426 | NS      | $518.58       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| OTP Bank Nyrt                                                                   | OTP Bank Nyrt                                                                   | CUSIP: 000000000<br>LEI: 529900W3MOO00A18X956 | Long             | EC               | CORP              | HU        |       707 | NS      | $61062.12     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| GCL Technology Holdings Ltd                                                     | GCL Technology Holdings Ltd                                                     | CUSIP: 000000000<br>LEI: 529900O1QCZWP5IWVY66 | Long             | EC               | CORP              | KY        |    395000 | NS      | $66493.62     | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| Tianjin Chase Sun Pharmaceutical Co Ltd                                         | Tianjin Chase Sun Pharmaceutical Co Ltd                                         | CUSIP: 000000000<br>LEI: 300300WF7FA7N9CEVV43 | Long             | EC               | CORP              | CN        |     30700 | NS      | $15914.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Bank of the Philippines                                                   | Union Bank of the Philippines                                                   | CUSIP: 000000000<br>LEI: 549300J97JXR3URQK322 | Long             | EC               | CORP              | PH        |     66330 | NS      | $34190.72     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Ras Al Khaimah Ceramics PJSC                                                    | Ras Al Khaimah Ceramics PJSC                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AE        |     45645 | NS      | $30073.35     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| IDFC First Bank Ltd                                                             | IDFC First Bank Ltd                                                             | CUSIP: 000000000<br>LEI: 335800SBNAPYVT1D2K13 | Long             | EC               | CORP              | IN        |    279140 | NS      | $219724.85    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| SooChow Securities Co Ltd                                                       | SooChow Securities Co Ltd                                                       | CUSIP: 000000000<br>LEI: 300300E1008532000098 | Long             | EC               | CORP              | CN        |     20280 | NS      | $27919.56     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencosud SA                                                                     | Cencosud SA                                                                     | CUSIP: 000000000<br>LEI: 549300NLTGCFV7482429 | Long             | EC               | CORP              | CL        |     11788 | NS      | $33533.57     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercuries & Associates Holding Ltd                                              | Mercuries & Associates Holding Ltd                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     19184 | NS      | $7616.20      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Tyres Ltd                                                                | Apollo Tyres Ltd                                                                | CUSIP: 000000000<br>LEI: 335800W2PJ4XBSHQYC34 | Long             | EC               | CORP              | IN        |     31532 | NS      | $167694.79    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyundai Motor Co                                                                | Hyundai Motor Co                                                                | CUSIP: 000000000<br>LEI: 9884004RQX8PRBXQ8S60 | Long             | EC               | CORP              | KR        |      7743 | NS      | $1186518.66   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| WCT Holdings Bhd                                                                | WCT Holdings Bhd                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     52300 | NS      | $10190.33     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Komercni Banka AS                                                               | Komercni Banka AS                                                               | CUSIP: 000000000<br>LEI: IYKCAVNFR8QGF00HV840 | Long             | EC               | CORP              | CZ        |      6412 | NS      | $321301.98    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| JM Financial Ltd                                                                | JM Financial Ltd                                                                | CUSIP: 000000000<br>LEI: 254900XWK81ULQY0IE29 | Long             | EC               | CORP              | IN        |     40467 | NS      | $73196.21     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Dongxing Securities Co Ltd                                                      | Dongxing Securities Co Ltd                                                      | CUSIP: 000000000<br>LEI: 3003005E7NY9IQW9AF89 | Long             | EC               | CORP              | CN        |     12000 | NS      | $19537.96     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Jointown Pharmaceutical Group Co Ltd                                            | Jointown Pharmaceutical Group Co Ltd                                            | CUSIP: 000000000<br>LEI: 300300875YINDA6F8T86 | Long             | EC               | CORP              | CN        |     28792 | NS      | $19616.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliance Global Group Inc                                                       | Alliance Global Group Inc                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | PH        |    253300 | NS      | $33076.98     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Hello Group Inc                                                                 | Hello Group Inc                                                                 | CUSIP: 423403104<br>LEI: 549300YMGLID32W48529 | Long             | EC               | CORP              | KY        |      7107 | NS      | $52733.94     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Hytera Communications Corp Ltd                                                  | Hytera Communications Corp Ltd                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     11800 | NS      | $19112.87     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Winstek Semiconductor Co Ltd                                                    | Winstek Semiconductor Co Ltd                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      3000 | NS      | $9469.13      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sime Darby Bhd                                                                  | Sime Darby Bhd                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |    293600 | NS      | $159060.95    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Asymchem Laboratories Tianjin Co Ltd                                            | Asymchem Laboratories Tianjin Co Ltd                                            | CUSIP: 000000000<br>LEI: 8368002CY8G4Q85YRQ60 | Long             | EC               | CORP              | CN        |      2200 | NS      | $35139.67     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Promate Electronic Co Ltd                                                       | Promate Electronic Co Ltd                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      9599 | NS      | $15448.22     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Xiamen Xiangyu Co Ltd                                                           | Xiamen Xiangyu Co Ltd                                                           | CUSIP: 000000000<br>LEI: 300300J43OY0HAWA6E69 | Long             | EC               | CORP              | CN        |     22200 | NS      | $21861.78     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Innolux Corp                                                                    | Innolux Corp                                                                    | CUSIP: 000000000<br>LEI: 3003007EXL0825P1MJ10 | Long             | EC               | CORP              | TW        |    405645 | NS      | $191655.88    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Sasol Ltd                                                                       | Sasol Ltd                                                                       | CUSIP: 000000000<br>LEI: 378900F4544561A97588 | Long             | EC               | CORP              | ZA        |     33052 | NS      | $205661.14    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Gree Electric Appliances Inc of Zhuhai                                          | Gree Electric Appliances Inc of Zhuhai                                          | CUSIP: 000000000<br>LEI: 655600UY069MU9JRAN62 | Long             | EC               | CORP              | CN        |     12300 | NS      | $68632.36     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Controladora AXTEL SAB DE CV                                                    | Controladora AXTEL SAB DE CV                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |    260453 | NS      | $13084.16     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| South Indian Bank Ltd/The                                                       | South Indian Bank Ltd/The                                                       | CUSIP: 000000000<br>LEI: 3358003CCMTPZUJOKC45 | Long             | EC               | CORP              | IN        |     83493 | NS      | $27411.37     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Birlasoft Ltd                                                                   | Birlasoft Ltd                                                                   | CUSIP: 000000000<br>LEI: 335800287UMX47DWBF82 | Long             | EC               | CORP              | IN        |      1959 | NS      | $7753.15      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Bank of India Ltd                                                         | Union Bank of India Ltd                                                         | CUSIP: 000000000<br>LEI: 5493000P4HD6132SQ711 | Long             | EC               | CORP              | IN        |     81852 | NS      | $127956.05    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Inversiones Aguas Metropolitanas SA                                             | Inversiones Aguas Metropolitanas SA                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CL        |     43236 | NS      | $41327.90     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Center Laboratories Inc                                                         | Center Laboratories Inc                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     12000 | NS      | $15296.28     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo de Inversiones Suramericana SA                                            | Grupo de Inversiones Suramericana SA                                            | CUSIP: 000000000<br>LEI: 549300AC1Q176TZL0305 | Long             | EC               | CORP              | CO        |      5605 | NS      | $62334.01     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhejiang Runtu Co Ltd                                                           | Zhejiang Runtu Co Ltd                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     19400 | NS      | $19240.71     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Shanxi Lu'an Environmental Energy Development Co Ltd                            | Shanxi Lu'an Environmental Energy Development Co Ltd                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     26900 | NS      | $53811.71     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| People's Insurance Co Group of China Ltd/The                                    | People's Insurance Co Group of China Ltd/The                                    | CUSIP: 000000000<br>LEI: 3003000P2JHYHQ524P66 | Long             | EC               | CORP              | CN        |    371000 | NS      | $324662.84    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Abu Dhabi National Hotels                                                       | Abu Dhabi National Hotels                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AE        |    397983 | NS      | $47891.67     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Shanghai Pudong Development Bank Co Ltd                                         | Shanghai Pudong Development Bank Co Ltd                                         | CUSIP: 000000000<br>LEI: 300300C1031031001330 | Long             | EC               | CORP              | CN        |    118900 | NS      | $198766.59    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CSPC Pharmaceutical Group Ltd                                                   | CSPC Pharmaceutical Group Ltd                                                   | CUSIP: 000000000<br>LEI: 529900M3XQCW234H8O91 | Long             | EC               | CORP              | HK        |    302000 | NS      | $363628.65    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Changchun High-Tech Industry Group Co Ltd                                       | Changchun High-Tech Industry Group Co Ltd                                       | CUSIP: 000000000<br>LEI: 300300X04OTKZG18WD66 | Long             | EC               | CORP              | CN        |      2500 | NS      | $45656.01     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Youngor Fashion Co Ltd                                                          | Youngor Fashion Co Ltd                                                          | CUSIP: 000000000<br>LEI: 300300PRWK21S8R8F317 | Long             | EC               | CORP              | CN        |     11500 | NS      | $11971.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Coromandel International Ltd                                                    | Coromandel International Ltd                                                    | CUSIP: 000000000<br>LEI: 335800U73K3HJSQKT249 | Long             | EC               | CORP              | IN        |      2727 | NS      | $69105.04     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Shanghai Industrial Holdings Ltd                                                | Shanghai Industrial Holdings Ltd                                                | CUSIP: 000000000<br>LEI: 529900S37EMGYP84J616 | Long             | EC               | CORP              | HK        |     45000 | NS      | $79106.14     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| TangShan Port Group Co Ltd                                                      | TangShan Port Group Co Ltd                                                      | CUSIP: 000000000<br>LEI: 300300R1OCOESINHQW02 | Long             | EC               | CORP              | CN        |     55900 | NS      | $29919.29     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Edvantage Group Holdings Ltd                                                    | Edvantage Group Holdings Ltd                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     32244 | NS      | $6215.15      | 0.00%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Aneka Tambang Tbk                                                               | Aneka Tambang Tbk                                                               | CUSIP: 000000000<br>LEI: 529900LRE2NALSSHMB80 | Long             | EC               | CORP              | ID        |    554300 | NS      | $105105.79    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Tasly Pharmaceutical Group Co Ltd                                               | Tasly Pharmaceutical Group Co Ltd                                               | CUSIP: 000000000<br>LEI: 300300JB9F71F58FIC88 | Long             | EC               | CORP              | CN        |      9600 | NS      | $21308.01     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| PPC Ltd                                                                         | PPC Ltd                                                                         | CUSIP: 000000000<br>LEI: 5299002A9K9AKAFFIS09 | Long             | EC               | CORP              | ZA        |     93872 | NS      | $29351.99     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| IIFL Finance Ltd                                                                | IIFL Finance Ltd                                                                | CUSIP: 000000000<br>LEI: 335800CZ46UJRS34JR78 | Long             | EC               | CORP              | IN        |      8058 | NS      | $41293.41     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MediaTek Inc                                                                    | MediaTek Inc                                                                    | CUSIP: 000000000<br>LEI: 254900UEGBK1I4DM4E14 | Long             | EC               | CORP              | TW        |      2000 | NS      | $86291.75     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Hunan Valin Steel Co Ltd                                                        | Hunan Valin Steel Co Ltd                                                        | CUSIP: 000000000<br>LEI: 3003007J7HWD6GTNJ656 | Long             | EC               | CORP              | CN        |     47300 | NS      | $43124.14     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergreen Aviation Technologies Corp                                            | Evergreen Aviation Technologies Corp                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     11000 | NS      | $58468.40     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CHC Healthcare Group                                                            | CHC Healthcare Group                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      7000 | NS      | $11058.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| PVR Inox Ltd                                                                    | PVR Inox Ltd                                                                    | CUSIP: 000000000<br>LEI: 335800NR78RUVFDE4L48 | Long             | EC               | CORP              | IN        |      4239 | NS      | $51275.48     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Xxentria Technology Materials Corp                                              | Xxentria Technology Materials Corp                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     10900 | NS      | $13858.36     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NMDC Steel Ltd                                                                  | NMDC Steel Ltd                                                                  | CUSIP: 000000000<br>LEI: 335800XNI1D4ZCE7VG97 | Long             | EC               | CORP              | IN        |     47585 | NS      | $24111.72     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SONDA SA                                                                        | SONDA SA                                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CL        |     83103 | NS      | $31549.46     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Chang Wah Electromaterials Inc                                                  | Chang Wah Electromaterials Inc                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     20000 | NS      | $26150.01     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Industrial Bank Co Ltd                                                          | Industrial Bank Co Ltd                                                          | CUSIP: 000000000<br>LEI: 300300C1030935001303 | Long             | EC               | CORP              | CN        |     81100 | NS      | $226149.65    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| DMCI Holdings Inc                                                               | DMCI Holdings Inc                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | PH        |    157300 | NS      | $30541.07     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| M Dias Branco SA                                                                | M Dias Branco SA                                                                | CUSIP: 000000000<br>LEI: 894500SZMRHGUL2PHQ60 | Long             | EC               | CORP              | BR        |      2888 | NS      | $15595.12     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Compeq Manufacturing Co Ltd                                                     | Compeq Manufacturing Co Ltd                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     96000 | NS      | $231196.27    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Unimicron Technology Corp                                                       | Unimicron Technology Corp                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     87000 | NS      | $432459.48    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo SBF SA                                                                    | Grupo SBF SA                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |     12700 | NS      | $31020.71     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Yunnan Baiyao Group Co Ltd                                                      | Yunnan Baiyao Group Co Ltd                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      1960 | NS      | $15625.59     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Absolute PCL                                                             | Energy Absolute PCL                                                             | CUSIP: 000000000<br>LEI: 549300YNVU2DM30XBZ14 | Long             | EC               | CORP              | TH        |    103600 | NS      | $12404.51     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Marketech International Corp                                                    | Marketech International Corp                                                    | CUSIP: 000000000<br>LEI: 2549004A0CNQ3K1DFZ53 | Long             | EC               | CORP              | TW        |      5000 | NS      | $40110.90     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| KAP Ltd                                                                         | KAP Ltd                                                                         | CUSIP: 000000000<br>LEI: 3789001F51BC0045FD42 | Long             | EC               | CORP              | ZA        |    176418 | NS      | $16855.22     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Zee Entertainment Enterprises Ltd                                               | Zee Entertainment Enterprises Ltd                                               | CUSIP: 000000000<br>LEI: 254900EQIYPXZEO10B94 | Long             | EC               | CORP              | IN        |     70032 | NS      | $88726.33     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Bukit Asam Tbk PT                                                               | Bukit Asam Tbk PT                                                               | CUSIP: 000000000<br>LEI: 529900XX13TXG5L4CN33 | Long             | EC               | CORP              | ID        |    339600 | NS      | $47888.39     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| JSW Steel Ltd                                                                   | JSW Steel Ltd                                                                   | CUSIP: 000000000<br>LEI: 335800EK6HZSC4CVAJ09 | Long             | EC               | CORP              | IN        |     60769 | NS      | $780446.74    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Coretronic Corp                                                                 | Coretronic Corp                                                                 | CUSIP: 000000000<br>LEI: 2549007UYYIKLSKMOM64 | Long             | EC               | CORP              | TW        |     15800 | NS      | $56765.54     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Gerdau SA                                                                       | Gerdau SA                                                                       | CUSIP: 373737105<br>LEI: 254900YDV6SEQQPZVG24 | Long             | EC               | CORP              | BR        |      5731 | NS      | $17766.10     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Nak Sealing Technologies Corp                                                   | Nak Sealing Technologies Corp                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      3000 | NS      | $10925.91     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| KB Financial Group Inc                                                          | KB Financial Group Inc                                                          | CUSIP: 48241A105<br>LEI: 529900TKE4MXG3Q6GW86 | Long             | EC               | CORP              | KR        |     16090 | NS      | $1334021.90   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| HLA Group Corp Ltd                                                              | HLA Group Corp Ltd                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     24000 | NS      | $21813.74     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dogan Sirketler Grubu Holding AS                                                | Dogan Sirketler Grubu Holding AS                                                | CUSIP: 000000000<br>LEI: 789000J24Q4JM3H6UX22 | Long             | EC               | CORP              | TR        |     84330 | NS      | $34744.31     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Powertech Technology Inc                                                        | Powertech Technology Inc                                                        | CUSIP: 000000000<br>LEI: 254900O6KNZXH2RI9Q14 | Long             | EC               | CORP              | TW        |     49000 | NS      | $234726.69    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumax International Corp Ltd                                                    | Lumax International Corp Ltd                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      4000 | NS      | $13517.95     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Banpu PCL                                                                       | Banpu PCL                                                                       | CUSIP: 000000000<br>LEI: 529900AJ2Z6SUR6TSW75 | Long             | EC               | CORP              | TH        |    429750 | NS      | $60208.76     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| UNTRADE.CTEG                                                                    | UNTRADE.CTEG                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |     98000 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: —       |
| Shanxi Taigang Stainless Steel Co Ltd                                           | Shanxi Taigang Stainless Steel Co Ltd                                           | CUSIP: 000000000<br>LEI: 300300TSZ3ZVPD82J476 | Long             | EC               | CORP              | CN        |     34300 | NS      | $19273.86     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheng Shin Rubber Industry Co Ltd                                               | Cheng Shin Rubber Industry Co Ltd                                               | CUSIP: 000000000<br>LEI: 3003006VZBNKJZLNJ718 | Long             | EC               | CORP              | TW        |    131000 | NS      | $161826.56    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| JD Logistics Inc                                                                | JD Logistics Inc                                                                | CUSIP: 000000000<br>LEI: 655600LWTFVMV3E2A890 | Long             | EC               | CORP              | KY        |    121400 | NS      | $204362.66    | 0.10%             |  |  |  | Yes           |                  1 | On Loan: No      |
| COSCO SHIPPING Specialized Carriers Co Ltd                                      | COSCO SHIPPING Specialized Carriers Co Ltd                                      | CUSIP: 000000000<br>LEI: 300300ESWZPFZ9EL5P93 | Long             | EC               | CORP              | CN        |     24600 | NS      | $23050.24     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Shih Wei Navigation Co Ltd                                                      | Shih Wei Navigation Co Ltd                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     17554 | NS      | $9935.25      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastek Ltd                                                                      | Mastek Ltd                                                                      | CUSIP: 000000000<br>LEI: 3358008UWPU8IOJ5I740 | Long             | EC               | CORP              | IN        |       960 | NS      | $23612.72     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ECOVE Environment Corp                                                          | ECOVE Environment Corp                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      2000 | NS      | $18669.20     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China Literature Ltd                                                            | China Literature Ltd                                                            | CUSIP: 000000000<br>LEI: 529900YXWIZUFHMK8W28 | Long             | EC               | CORP              | KY        |     16800 | NS      | $85231.08     | 0.04%             |  |  |  | Yes           |                  1 | On Loan: —       |
| Cheng Loong Corp                                                                | Cheng Loong Corp                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     82000 | NS      | $47083.14     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| China Resources Beer Holdings Co Ltd                                            | China Resources Beer Holdings Co Ltd                                            | CUSIP: 000000000<br>LEI: 254900OH02Y7OS7RNG48 | Long             | EC               | CORP              | HK        |     36000 | NS      | $126939.91    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| FSP Technology Inc                                                              | FSP Technology Inc                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      8000 | NS      | $14174.16     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhongjin Gold Corp Ltd                                                          | Zhongjin Gold Corp Ltd                                                          | CUSIP: 000000000<br>LEI: 300300Q0ZK8HFP814Z87 | Long             | EC               | CORP              | CN        |     10900 | NS      | $33579.92     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Handlowy w Warszawie SA                                                    | Bank Handlowy w Warszawie SA                                                    | CUSIP: 000000000<br>LEI: XLEZHWWOI4HFQDGL4793 | Long             | EC               | CORP              | PL        |      2000 | NS      | $57337.02     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| LG Uplus Corp                                                                   | LG Uplus Corp                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     17247 | NS      | $188689.96    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Beiqi Foton Motor Co Ltd                                                        | Beiqi Foton Motor Co Ltd                                                        | CUSIP: 000000000<br>LEI: 3003001SZQ9DJEIWZK14 | Long             | EC               | CORP              | CN        |     66600 | NS      | $25635.36     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Xinxing Ductile Iron Pipes Co Ltd                                               | Xinxing Ductile Iron Pipes Co Ltd                                               | CUSIP: 000000000<br>LEI: 300300A407JW1QWEPO04 | Long             | EC               | CORP              | CN        |     18100 | NS      | $9789.35      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Swancor Holding Co Ltd                                                          | Swancor Holding Co Ltd                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      5000 | NS      | $21736.99     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Motech Industries Inc                                                           | Motech Industries Inc                                                           | CUSIP: 000000000<br>LEI: 254900INXPVZCOGO7412 | Long             | EC               | CORP              | TW        |     17000 | NS      | $9733.25      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sri Rejeki Isman Tbk PT                                                         | Sri Rejeki Isman Tbk PT                                                         | CUSIP: 000000000<br>LEI: 254900TBASD7T48GQU02 | Long             | EC               | CORP              | ID        |    996900 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Indo Tambangraya Megah Tbk PT                                                   | Indo Tambangraya Megah Tbk PT                                                   | CUSIP: 000000000<br>LEI: 52990056ZNHB217ZKL92 | Long             | EC               | CORP              | ID        |     52800 | NS      | $72475.25     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Aeon Co M Bhd                                                                   | Aeon Co M Bhd                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     29400 | NS      | $9081.62      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Bumi Resources Minerals Tbk PT                                                  | Bumi Resources Minerals Tbk PT                                                  | CUSIP: 000000000<br>LEI: 529900KOJVEVTZ5IRE24 | Long             | EC               | CORP              | ID        |   1498900 | NS      | $75552.12     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| EnTie Commercial Bank Co Ltd                                                    | EnTie Commercial Bank Co Ltd                                                    | CUSIP: 000000000<br>LEI: 549300JK2NJEXZ7X6Z09 | Long             | EC               | CORP              | TW        |     68000 | NS      | $29339.20     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunrex Technology Corp                                                          | Sunrex Technology Corp                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      6000 | NS      | $8120.61      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| XLSMART Telecom Sejahtera Tbk PT                                                | XLSMART Telecom Sejahtera Tbk PT                                                | CUSIP: 000000000<br>LEI: 529900GV66NMGZLKFS48 | Long             | EC               | CORP              | ID        |    522966 | NS      | $83473.72     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Orient Green Power Co Ltd                                                       | Orient Green Power Co Ltd                                                       | CUSIP: 000000000<br>LEI: 9845008993BH9BEFAB20 | Long             | EC               | CORP              | IN        |    107182 | NS      | $15524.04     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| LIC Housing Finance Ltd                                                         | LIC Housing Finance Ltd                                                         | CUSIP: 000000000<br>LEI: 335800NFSMJ2ZKBCYP06 | Long             | EC               | CORP              | IN        |     24147 | NS      | $153657.47    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Alpha Networks Inc                                                              | Alpha Networks Inc                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     11000 | NS      | $10502.66     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Godfrey Phillips India Ltd                                                      | Godfrey Phillips India Ltd                                                      | CUSIP: 000000000<br>LEI: 335800G5RNAHTNVKE518 | Long             | EC               | CORP              | IN        |      1053 | NS      | $40026.19     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Huaxia Bank Co Ltd                                                              | Huaxia Bank Co Ltd                                                              | CUSIP: 000000000<br>LEI: 300300AKNDEHIGVDZW37 | Long             | EC               | CORP              | CN        |     43300 | NS      | $40024.72     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Raydium Semiconductor Corp                                                      | Raydium Semiconductor Corp                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      4000 | NS      | $36485.33     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Thungela Resources Ltd                                                          | Thungela Resources Ltd                                                          | CUSIP: 000000000<br>LEI: 213800EGYK3BN3SRIF27 | Long             | EC               | CORP              | ZA        |      6203 | NS      | $31431.65     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Gemdale Corp                                                                    | Gemdale Corp                                                                    | CUSIP: 000000000<br>LEI: 300300VAI0OCY3OKWO66 | Long             | EC               | CORP              | CN        |     19200 | NS      | $11705.92     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GFC Ltd/TW                                                                      | GFC Ltd/TW                                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      3000 | NS      | $13042.19     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AviChina Industry & Technology Co Ltd                                           | AviChina Industry & Technology Co Ltd                                           | CUSIP: 000000000<br>LEI: 5299003TVA3JVDKJGF39 | Long             | EC               | CORP              | CN        |    219000 | NS      | $122699.32    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Holy Stone Enterprise Co Ltd                                                    | Holy Stone Enterprise Co Ltd                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     10500 | NS      | $33417.55     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Guangzhou Baiyun International Airport Co Ltd                                   | Guangzhou Baiyun International Airport Co Ltd                                   | CUSIP: 000000000<br>LEI: 300300HCH80SKW83W383 | Long             | EC               | CORP              | CN        |      8300 | NS      | $11053.53     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sappi Ltd                                                                       | Sappi Ltd                                                                       | CUSIP: 000000000<br>LEI: 549300SSI7XQH8ESJG95 | Long             | EC               | CORP              | ZA        |     59313 | NS      | $79404.55     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| KIWOOM Securities Co Ltd                                                        | KIWOOM Securities Co Ltd                                                        | CUSIP: 000000000<br>LEI: 988400O27CNGJA2QWJ18 | Long             | EC               | CORP              | KR        |       158 | NS      | $27589.89     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| COFCO Biotechnology Co Ltd                                                      | COFCO Biotechnology Co Ltd                                                      | CUSIP: 000000000<br>LEI: 300300CSR7RNP1P1CP32 | Long             | EC               | CORP              | CN        |     15100 | NS      | $12621.43     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Paradise Co Ltd                                                                 | Paradise Co Ltd                                                                 | CUSIP: 000000000<br>LEI: 988400PHXBKVTIUE5T75 | Long             | EC               | CORP              | KR        |      1846 | NS      | $27761.38     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| FinVolution Group                                                               | FinVolution Group                                                               | CUSIP: 31810T101<br>LEI: 3003000RAVUT809U6P08 | Long             | EC               | CORP              | KY        |      3837 | NS      | $28278.69     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Beijing-Shanghai High Speed Railway Co Ltd                                      | Beijing-Shanghai High Speed Railway Co Ltd                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    108000 | NS      | $77831.55     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| African Rainbow Minerals Ltd                                                    | African Rainbow Minerals Ltd                                                    | CUSIP: 000000000<br>LEI: 529900L3TPSCK8ZVZ589 | Long             | EC               | CORP              | ZA        |      3656 | NS      | $39271.83     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| China Meidong Auto Holdings Ltd                                                 | China Meidong Auto Holdings Ltd                                                 | CUSIP: 000000000<br>LEI: 875500GUQWEG1PXVMG17 | Long             | EC               | CORP              | KY        |     56000 | NS      | $14464.24     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Synnex Technology International Corp                                            | Synnex Technology International Corp                                            | CUSIP: 000000000<br>LEI: 529900GMBJ3R4A2WBC71 | Long             | EC               | CORP              | TW        |     77300 | NS      | $160291.36    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Suning Universal Co Ltd                                                         | Suning Universal Co Ltd                                                         | CUSIP: 000000000<br>LEI: 30030099D5MIL22R3R47 | Long             | EC               | CORP              | CN        |     32100 | NS      | $11769.56     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| IKD Co Ltd                                                                      | IKD Co Ltd                                                                      | CUSIP: 000000000<br>LEI: 83680020BVR3XPHIBW36 | Long             | EC               | CORP              | CN        |      7100 | NS      | $22671.09     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Zheshang Securities Co Ltd                                                      | Zheshang Securities Co Ltd                                                      | CUSIP: 000000000<br>LEI: 300300E1009033000054 | Long             | EC               | CORP              | CN        |     13300 | NS      | $21542.47     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Pharmaceutical Industries Ltd                                               | Sun Pharmaceutical Industries Ltd                                               | CUSIP: 000000000<br>LEI: 335800KJ7GE29LB4SS73 | Long             | EC               | CORP              | IN        |     27533 | NS      | $495532.76    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Sakura Corp                                                              | Taiwan Sakura Corp                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      6000 | NS      | $16851.50     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| RusHydro PJSC                                                                   | RusHydro PJSC                                                                   | CUSIP: 000000000<br>LEI: 2534005TJN9DX4YWVT97 | Long             | EC               | CORP              | RU        |     61905 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Songwon Industrial Co Ltd                                                       | Songwon Industrial Co Ltd                                                       | CUSIP: 000000000<br>LEI: 988400JI9RNDSRFS0K65 | Long             | EC               | CORP              | KR        |      1925 | NS      | $13528.03     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Actron Technology Corp                                                          | Actron Technology Corp                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      3000 | NS      | $13435.92     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynagreen Environmental Protection Group Co Ltd                                 | Dynagreen Environmental Protection Group Co Ltd                                 | CUSIP: 000000000<br>LEI: 529900LHVN4BGJP1ZY93 | Long             | EC               | CORP              | CN        |     16000 | NS      | $10794.21     | 0.01%             |  |  |  | Yes           |                  1 | On Loan: No      |
| HDFC Bank Ltd                                                                   | HDFC Bank Ltd                                                                   | CUSIP: 000000000<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |    122772 | NS      | $1317062.47   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| JHSF Participacoes SA                                                           | JHSF Participacoes SA                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |     40831 | NS      | $49636.26     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Zippy Technology Corp                                                           | Zippy Technology Corp                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     12000 | NS      | $20434.41     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| JG Summit Holdings Inc                                                          | JG Summit Holdings Inc                                                          | CUSIP: 000000000<br>LEI: 8945008FXJ2QCVCRJM25 | Long             | EC               | CORP              | PH        |    225183 | NS      | $88989.85     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Rallis India Ltd                                                                | Rallis India Ltd                                                                | CUSIP: 000000000<br>LEI: 335800HI7I928BFJB442 | Long             | EC               | CORP              | IN        |      3389 | NS      | $11607.27     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Motilal Oswal Financial Services Ltd                                            | Motilal Oswal Financial Services Ltd                                            | CUSIP: 000000000<br>LEI: 3358004GYYY6FUXX1P93 | Long             | EC               | CORP              | IN        |      5746 | NS      | $57337.85     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Seazen Group Ltd                                                                | Seazen Group Ltd                                                                | CUSIP: 000000000<br>LEI: 5493006M8GRAQRCSCD67 | Long             | EC               | CORP              | KY        |     72000 | NS      | $23685.58     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunny Friend Environmental Technology Co Ltd                                    | Sunny Friend Environmental Technology Co Ltd                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      4000 | NS      | $10276.26     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Beijing Shougang Co Ltd                                                         | Beijing Shougang Co Ltd                                                         | CUSIP: 000000000<br>LEI: 300300YR8OUFTTXKZB24 | Long             | EC               | CORP              | CN        |     27500 | NS      | $16457.23     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Prince Housing & Development Corp                                               | Prince Housing & Development Corp                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     77970 | NS      | $23382.30     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Inter Cars SA                                                                   | Inter Cars SA                                                                   | CUSIP: 000000000<br>LEI: 2594008ZF17JSW0OV865 | Long             | EC               | CORP              | PL        |       220 | NS      | $33895.97     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| HS Hyosung Corp                                                                 | HS Hyosung Corp                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       119 | NS      | $4961.69      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Yang Ming Marine Transport Corp                                                 | Yang Ming Marine Transport Corp                                                 | CUSIP: 000000000<br>LEI: 254900WG2ACWNVSP6E13 | Long             | EC               | CORP              | TW        |    106000 | NS      | $184329.68    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| ACEN Corp                                                                       | ACEN Corp                                                                       | CUSIP: 000000000<br>LEI: 549300LGUZQ61GQQXQ60 | Long             | EC               | CORP              | PH        |    510437 | NS      | $20610.43     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sincere Navigation Corp                                                         | Sincere Navigation Corp                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     27810 | NS      | $21077.86     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhefu Holding Group Co Ltd                                                      | Zhefu Holding Group Co Ltd                                                      | CUSIP: 000000000<br>LEI: 30030076Y21FIWN1VY24 | Long             | EC               | CORP              | CN        |     16400 | NS      | $9330.68      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Ashoka Buildcon Ltd                                                             | Ashoka Buildcon Ltd                                                             | CUSIP: 000000000<br>LEI: 33580029UHVG78GXPC56 | Long             | EC               | CORP              | IN        |      8590 | NS      | $17849.73     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hengyi Petrochemical Co Ltd                                                     | Hengyi Petrochemical Co Ltd                                                     | CUSIP: 000000000<br>LEI: 300300QRLJCH8BPJVS66 | Long             | EC               | CORP              | CN        |     25000 | NS      | $23073.84     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| YTL Corp Bhd                                                                    | YTL Corp Bhd                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     81160 | NS      | $53611.69     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| China Taiping Insurance Holdings Co Ltd                                         | China Taiping Insurance Holdings Co Ltd                                         | CUSIP: 000000000<br>LEI: 529900C2G37NOIADYW07 | Long             | EC               | CORP              | HK        |     91000 | NS      | $177978.53    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Wan Hai Lines Ltd                                                               | Wan Hai Lines Ltd                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     58000 | NS      | $141393.79    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| C&D International Investment Group Ltd                                          | C&D International Investment Group Ltd                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     60566 | NS      | $139235.76    | 0.07%             |  |  |  | No            |                  1 | On Loan: —       |
| Petronas Chemicals Group Bhd                                                    | Petronas Chemicals Group Bhd                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |    133400 | NS      | $134081.50    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Guangzhou Automobile Group Co Ltd                                               | Guangzhou Automobile Group Co Ltd                                               | CUSIP: 000000000<br>LEI: 5299005KY9BJO3ZE6A37 | Long             | EC               | CORP              | CN        |     48000 | NS      | $20971.61     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| China Meheco Group Co Ltd                                                       | China Meheco Group Co Ltd                                                       | CUSIP: 000000000<br>LEI: 300300PBRRWGVD4VNQ86 | Long             | EC               | CORP              | CN        |     13860 | NS      | $21709.64     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| POSCO Holdings Inc                                                              | POSCO Holdings Inc                                                              | CUSIP: 000000000<br>LEI: 988400E5HRVX81AYLM04 | Long             | EC               | CORP              | KR        |       854 | NS      | $167994.01    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Sercomm Corp                                                                    | Sercomm Corp                                                                    | CUSIP: 000000000<br>LEI: 254900MJ2QQG3VODNZ25 | Long             | EC               | CORP              | TW        |     18000 | NS      | $59649.58     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| COFCO Capital Holdings Co Ltd                                                   | COFCO Capital Holdings Co Ltd                                                   | CUSIP: 000000000<br>LEI: 3003006ZCYWPMKZ4I010 | Long             | EC               | CORP              | CN        |     11200 | NS      | $21067.51     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sarawak Oil Palms Bhd                                                           | Sarawak Oil Palms Bhd                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     30750 | NS      | $23965.78     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Anjoy Foods Group Co Ltd                                                        | Anjoy Foods Group Co Ltd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      2200 | NS      | $21791.54     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Changsha Co Ltd                                                         | Bank of Changsha Co Ltd                                                         | CUSIP: 000000000<br>LEI: 300300C1086243000041 | Long             | EC               | CORP              | CN        |     25500 | NS      | $31631.18     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Northam Platinum Holdings Ltd                                                   | Northam Platinum Holdings Ltd                                                   | CUSIP: 000000000<br>LEI: 3789009D0712C7101695 | Long             | EC               | CORP              | ZA        |      7305 | NS      | $118859.58    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| China Merchants Property Operation & Service Co Ltd                             | China Merchants Property Operation & Service Co Ltd                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      5000 | NS      | $8569.28      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Farglory Land Development Co Ltd                                                | Farglory Land Development Co Ltd                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     26721 | NS      | $54357.31     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| China Everbright Bank Co Ltd                                                    | China Everbright Bank Co Ltd                                                    | CUSIP: 000000000<br>LEI: 549300U6PKQ4H1P34E17 | Long             | EC               | CORP              | CN        |    198000 | NS      | $82436.92     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Yinson Holdings BHD                                                             | Yinson Holdings BHD                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     54899 | NS      | $31568.39     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Yulon Motor Co Ltd                                                              | Yulon Motor Co Ltd                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     54247 | NS      | $62117.60     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Welspun Living Ltd                                                              | Welspun Living Ltd                                                              | CUSIP: 000000000<br>LEI: 335800A8GZ4VWQVNYI40 | Long             | EC               | CORP              | IN        |     30266 | NS      | $39193.98     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Sigdo Koppers SA                                                                | Sigdo Koppers SA                                                                | CUSIP: 000000000<br>LEI: 5493001MXTJP8BCWA195 | Long             | EC               | CORP              | CL        |     27803 | NS      | $40485.73     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fufeng Group Ltd                                                                | Fufeng Group Ltd                                                                | CUSIP: 000000000<br>LEI: 549300OQ91X6COVM4483 | Long             | EC               | CORP              | KY        |    153000 | NS      | $172229.33    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Jiangsu Co Ltd                                                          | Bank of Jiangsu Co Ltd                                                          | CUSIP: 000000000<br>LEI: 300300C1086832000046 | Long             | EC               | CORP              | CN        |     80100 | NS      | $112862.07    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Genting Malaysia Bhd                                                            | Genting Malaysia Bhd                                                            | CUSIP: 000000000<br>LEI: 254900LABBWDEDUVRB07 | Long             | EC               | CORP              | MY        |    258200 | NS      | $128839.25    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| HFCL Ltd                                                                        | HFCL Ltd                                                                        | CUSIP: 000000000<br>LEI: 335800SR486KOF2LVK69 | Long             | EC               | CORP              | IN        |     33650 | NS      | $27685.18     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bumi Serpong Damai Tbk PT                                                       | Bumi Serpong Damai Tbk PT                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |    435700 | NS      | $27713.29     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Thomas Cook India Ltd                                                           | Thomas Cook India Ltd                                                           | CUSIP: 000000000<br>LEI: 3358004YCPVBO1VKE410 | Long             | EC               | CORP              | IN        |      8408 | NS      | $14930.83     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Chambal Fertilisers and Chemicals Ltd                                           | Chambal Fertilisers and Chemicals Ltd                                           | CUSIP: 000000000<br>LEI: 335800DFMF2OEJ7HWM17 | Long             | EC               | CORP              | IN        |     13907 | NS      | $79889.24     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Super Group Ltd/South Africa                                                    | Super Group Ltd/South Africa                                                    | CUSIP: 000000000<br>LEI: 378900A8FDADE26AD654 | Long             | EC               | CORP              | ZA        |     29786 | NS      | $21921.25     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Communications Co Ltd                                                   | Bank of Communications Co Ltd                                                   | CUSIP: 000000000<br>LEI: 549300AX1UM10U30HK09 | Long             | EC               | CORP              | CN        |    462400 | NS      | $388009.69    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CNGR Advanced Material Co Ltd                                                   | CNGR Advanced Material Co Ltd                                                   | CUSIP: 000000000<br>LEI: 213800FP1O8DBRF5AI17 | Long             | EC               | CORP              | CN        |      2520 | NS      | $17665.08     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MAS Financial Services Ltd                                                      | MAS Financial Services Ltd                                                      | CUSIP: 000000000<br>LEI: 335800XTN7OKZBXR4P70 | Long             | EC               | CORP              | IN        |      3106 | NS      | $10459.59     | 0.00%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Wharf Holdings Ltd/The                                                          | Wharf Holdings Ltd/The                                                          | CUSIP: 000000000<br>LEI: 254900JCV4TBBPX9IW91 | Long             | EC               | CORP              | HK        |     44000 | NS      | $125860.48    | 0.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Chipbond Technology Corp                                                        | Chipbond Technology Corp                                                        | CUSIP: 000000000<br>LEI: 254900AK7VTHB4UYLR40 | Long             | EC               | CORP              | TW        |     42000 | NS      | $76343.59     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Hengan International Group Co Ltd                                               | Hengan International Group Co Ltd                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     42000 | NS      | $137086.46    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Berjaya Corp Bhd                                                                | Berjaya Corp Bhd                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |    166400 | NS      | $10675.54     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of China Ltd                                                               | Bank of China Ltd                                                               | CUSIP: 000000000<br>LEI: 54930053HGCFWVHYZX42 | Long             | EC               | CORP              | CN        |   3327902 | NS      | $1821762.22   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenzhen Agricultural Power Group Co Ltd                                        | Shenzhen Agricultural Power Group Co Ltd                                        | CUSIP: 000000000<br>LEI: 300300X639G2XGNTUQ45 | Long             | EC               | CORP              | CN        |     15600 | NS      | $17575.74     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Scientific Industrial Shanghai Co Ltd                                 | Universal Scientific Industrial Shanghai Co Ltd                                 | CUSIP: 000000000<br>LEI: 655600ZQ6P2GFIBK8C07 | Long             | EC               | CORP              | CN        |     10900 | NS      | $33488.05     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinsus Interconnect Technology Corp                                             | Kinsus Interconnect Technology Corp                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     28000 | NS      | $98759.76     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| COSCO SHIPPING Development Co Ltd                                               | COSCO SHIPPING Development Co Ltd                                               | CUSIP: 000000000<br>LEI: 529900CWRQN9ME25NV73 | Long             | EC               | CORP              | CN        |    324200 | NS      | $47492.98     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Luye Pharma Group Ltd                                                           | Luye Pharma Group Ltd                                                           | CUSIP: 000000000<br>LEI: 5299009HZHEY886D5W65 | Long             | EC               | CORP              | BM        |    161500 | NS      | $70768.25     | 0.03%             |  |  |  | Yes           |                  1 | On Loan: —       |
| HDC Hyundai Development Co-Engineering & Construction                           | HDC Hyundai Development Co-Engineering & Construction                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      2554 | NS      | $37043.51     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Sri Trang Agro-Industry PCL                                                     | Sri Trang Agro-Industry PCL                                                     | CUSIP: 000000000<br>LEI: 254900D4NQ5CJSXKLT05 | Long             | EC               | CORP              | TH        |     57200 | NS      | $22241.01     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ITEQ Corp                                                                       | ITEQ Corp                                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     15000 | NS      | $52168.78     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Ritek Corp                                                                      | Ritek Corp                                                                      | CUSIP: 000000000<br>LEI: 529900RWZWRHREW28F09 | Long             | EC               | CORP              | TW        |     29000 | NS      | $9800.51      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Chin-Poon Industrial Co Ltd                                                     | Chin-Poon Industrial Co Ltd                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     36000 | NS      | $41223.18     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Nan Ya Plastics Corp                                                            | Nan Ya Plastics Corp                                                            | CUSIP: 000000000<br>LEI: 254900L66RP14M9UOM28 | Long             | EC               | CORP              | TW        |    202000 | NS      | $261464.01    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| iM Financial Group Co Ltd                                                       | iM Financial Group Co Ltd                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      7519 | NS      | $73740.38     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Pixart Imaging Inc                                                              | Pixart Imaging Inc                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      8000 | NS      | $63652.47     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Guizhou Panjiang Refined Coal Co Ltd                                            | Guizhou Panjiang Refined Coal Co Ltd                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      9269 | NS      | $7018.37      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Formosan Union Chemical Corp                                                    | Formosan Union Chemical Corp                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     48179 | NS      | $25924.79     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| HeidelbergCement India Ltd                                                      | HeidelbergCement India Ltd                                                      | CUSIP: 000000000<br>LEI: 335800UMJ1FUSA4S5P85 | Long             | EC               | CORP              | IN        |      3920 | NS      | $8887.34      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Xi'An Shaangu Power Co Ltd                                                      | Xi'An Shaangu Power Co Ltd                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     19200 | NS      | $22683.59     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Turk Telekomunikasyon AS                                                        | Turk Telekomunikasyon AS                                                        | CUSIP: 000000000<br>LEI: 789000A2TXOI10JZLF90 | Long             | EC               | CORP              | TR        |     40171 | NS      | $49081.81     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhejiang Semir Garment Co Ltd                                                   | Zhejiang Semir Garment Co Ltd                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     21700 | NS      | $17193.07     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China Yongda Automobiles Services Holdings Ltd                                  | China Yongda Automobiles Services Holdings Ltd                                  | CUSIP: 000000000<br>LEI: 529900G4APWIO18G0C95 | Long             | EC               | CORP              | KY        |     84000 | NS      | $20616.94     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Petroreconcavo S/A                                                              | Petroreconcavo S/A                                                              | CUSIP: 000000000<br>LEI: 2549002HI638C802VA74 | Long             | EC               | CORP              | BR        |     10435 | NS      | $24723.63     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Megacable Holdings SAB de CV                                                    | Megacable Holdings SAB de CV                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |     59163 | NS      | $192283.38    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Nanjing Iron & Steel Co Ltd                                                     | Nanjing Iron & Steel Co Ltd                                                     | CUSIP: 000000000<br>LEI: 3003008359D7IKHZ7Q78 | Long             | EC               | CORP              | CN        |     36600 | NS      | $26993.24     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanwha Corp                                                                     | Hanwha Corp                                                                     | CUSIP: 000000000<br>LEI: 988400JE9FIHQS7TX614 | Long             | EC               | CORP              | KR        |      1555 | NS      | $93762.16     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Yixintang Pharmaceutical Group Co Ltd                                           | Yixintang Pharmaceutical Group Co Ltd                                           | CUSIP: 000000000<br>LEI: 300300NE1YJT00E9JD69 | Long             | EC               | CORP              | CN        |      2800 | NS      | $5475.35      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Mega First Corp BHD                                                             | Mega First Corp BHD                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     37600 | NS      | $33950.34     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| NESCO Ltd                                                                       | NESCO Ltd                                                                       | CUSIP: 000000000<br>LEI: 98450089BC981FEO9C12 | Long             | EC               | CORP              | IN        |       965 | NS      | $14269.25     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Welspun Enterprises Ltd                                                         | Welspun Enterprises Ltd                                                         | CUSIP: 000000000<br>LEI: 335800WJGPW5M72BUE03 | Long             | EC               | CORP              | IN        |      1530 | NS      | $8607.34      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhejiang Jingsheng Mechanical & Electrical Co Ltd                               | Zhejiang Jingsheng Mechanical & Electrical Co Ltd                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      5700 | NS      | $36441.50     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Absa Group Ltd                                                                  | Absa Group Ltd                                                                  | CUSIP: 000000000<br>LEI: 2138006IPPRD4N6XLT30 | Long             | EC               | CORP              | ZA        |     55314 | NS      | $580012.29    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Concord New Energy Group Ltd                                                    | Concord New Energy Group Ltd                                                    | CUSIP: 000000000<br>LEI: 213800OTQMZQ6WHU8M17 | Long             | EC               | CORP              | BM        |    420000 | NS      | $21318.56     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Mirae Asset Life Insurance Co Ltd                                               | Mirae Asset Life Insurance Co Ltd                                               | CUSIP: 000000000<br>LEI: 988400RRQNSRXEO93510 | Long             | EC               | CORP              | KR        |      5257 | NS      | $29150.39     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Apex International Co Ltd                                                       | Apex International Co Ltd                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     20286 | NS      | $17871.22     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| EMSTEEL Building Materials PJSC                                                 | EMSTEEL Building Materials PJSC                                                 | CUSIP: 000000000<br>LEI: 9845005U684F04DB5A87 | Long             | EC               | CORP              | AE        |    112430 | NS      | $35506.95     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fusheng Precision Co Ltd                                                        | Fusheng Precision Co Ltd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      5000 | NS      | $42817.77     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Cipla Ltd/India                                                                 | Cipla Ltd/India                                                                 | CUSIP: 000000000<br>LEI: 335800KMJJYEDDK82Q34 | Long             | EC               | CORP              | IN        |     24545 | NS      | $416046.23    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Xiamen Tungsten Co Ltd                                                          | Xiamen Tungsten Co Ltd                                                          | CUSIP: 000000000<br>LEI: 300300SEC2FOC4PL5N49 | Long             | EC               | CORP              | CN        |      7300 | NS      | $30354.92     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Henan Pinggao Electric Co Ltd                                                   | Henan Pinggao Electric Co Ltd                                                   | CUSIP: 000000000<br>LEI: 300300PSM0I8NOJ2Y515 | Long             | EC               | CORP              | CN        |      9400 | NS      | $22158.19     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Youngone Corp                                                                   | Youngone Corp                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      1446 | NS      | $66886.71     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Shaanxi Construction Engineering Group Corp Ltd                                 | Shaanxi Construction Engineering Group Corp Ltd                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     31000 | NS      | $16722.74     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Nanya Technology Corp                                                           | Nanya Technology Corp                                                           | CUSIP: 000000000<br>LEI: 254900STKVKJBRRO0835 | Long             | EC               | CORP              | TW        |     64000 | NS      | $153290.90    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| COSCO SHIPPING Holdings Co Ltd                                                  | COSCO SHIPPING Holdings Co Ltd                                                  | CUSIP: 000000000<br>LEI: 3003009XI0QGYYA29S17 | Long             | EC               | CORP              | CN        |    223699 | NS      | $348112.61    | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Top Frontier Investment Holdings Inc                                            | Top Frontier Investment Holdings Inc                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | PH        |      4630 | NS      | $4610.11      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhejiang Jiahua Energy Chemical Industry Co Ltd                                 | Zhejiang Jiahua Energy Chemical Industry Co Ltd                                 | CUSIP: 000000000<br>LEI: 836800QIPV9JLIN07055 | Long             | EC               | CORP              | CN        |      9000 | NS      | $10645.58     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Viva Biotech Holdings                                                           | Viva Biotech Holdings                                                           | CUSIP: 000000000<br>LEI: 300300VJBVYQ6XJUKY15 | Long             | EC               | CORP              | KY        |     45500 | NS      | $15435.72     | 0.01%             |  |  |  | Yes           |                  1 | On Loan: No      |
| China National Accord Medicines Corp Ltd                                        | China National Accord Medicines Corp Ltd                                        | CUSIP: 000000000<br>LEI: 300300S6NULPX7WCS880 | Long             | EC               | CORP              | CN        |      4160 | NS      | $14609.92     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Vibra Energia SA                                                                | Vibra Energia SA                                                                | CUSIP: 000000000<br>LEI: 549300U7VLJ3SYVNY689 | Long             | EC               | CORP              | BR        |     69139 | NS      | $319437.83    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Barloworld Ltd                                                                  | Barloworld Ltd                                                                  | CUSIP: 000000000<br>LEI: 37890086DF1523D53926 | Long             | EC               | CORP              | ZA        |     18289 | NS      | $124962.48    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| State Bank of India                                                             | State Bank of India                                                             | CUSIP: 000000000<br>LEI: 5493001JZ37UBBZF6L49 | Long             | EC               | CORP              | IN        |     69305 | NS      | $681975.80    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Wuxi Biologics Cayman Inc                                                       | Wuxi Biologics Cayman Inc                                                       | CUSIP: 000000000<br>LEI: 5493001TD2TH6VDTJU11 | Long             | EC               | CORP              | KY        |     94500 | NS      | $497640.05    | 0.23%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Depo Auto Parts Ind Co Ltd                                                      | Depo Auto Parts Ind Co Ltd                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      8000 | NS      | $34647.94     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuvoco Vistas Corp Ltd                                                          | Nuvoco Vistas Corp Ltd                                                          | CUSIP: 000000000<br>LEI: 529900H865LY390TCZ45 | Long             | EC               | CORP              | IN        |      2511 | NS      | $11795.84     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Wei Chuan Foods Corp                                                            | Wei Chuan Foods Corp                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     14000 | NS      | $7073.95      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| China Bills Finance Corp                                                        | China Bills Finance Corp                                                        | CUSIP: 000000000<br>LEI: 254900P27RRO3L1J9C83 | Long             | EC               | CORP              | TW        |     89000 | NS      | $47452.26     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| E.Sun Financial Holding Co Ltd                                                  | E.Sun Financial Holding Co Ltd                                                  | CUSIP: 000000000<br>LEI: 549300X6CNQE512OPC90 | Long             | EC               | CORP              | TW        |    114131 | NS      | $124885.78    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicony Electronics Co Ltd                                                      | Chicony Electronics Co Ltd                                                      | CUSIP: 000000000<br>LEI: 254900JBP5GB5B1IHS51 | Long             | EC               | CORP              | TW        |     30000 | NS      | $135835.68    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Darfon Electronics Corp                                                         | Darfon Electronics Corp                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     17000 | NS      | $20582.06     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Chengdu Co Ltd                                                          | Bank of Chengdu Co Ltd                                                          | CUSIP: 000000000<br>LEI: 30030030JPOKGL9K5418 | Long             | EC               | CORP              | CN        |     26000 | NS      | $63005.29     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Hygeia Healthcare Holdings Co Ltd                                               | Hygeia Healthcare Holdings Co Ltd                                               | CUSIP: 000000000<br>LEI: 2549001Z9KHQTRR29237 | Long             | EC               | CORP              | KY        |     22400 | NS      | $41190.70     | 0.02%             |  |  |  | Yes           |                  1 | On Loan: —       |
| Fujian Sunner Development Co Ltd                                                | Fujian Sunner Development Co Ltd                                                | CUSIP: 000000000<br>LEI: 300300O2MSF659DM5M44 | Long             | EC               | CORP              | CN        |      9800 | NS      | $24821.98     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Argos SA/Colombia                                                         | Grupo Argos SA/Colombia                                                         | CUSIP: 000000000<br>LEI: 254900HANAO95XIAE681 | Long             | EC               | CORP              | CO        |     23765 | NS      | $107536.13    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Tian Di Science & Technology Co Ltd                                             | Tian Di Science & Technology Co Ltd                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     40500 | NS      | $33738.38     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Hapvida Participacoes e Investimentos S/A                                       | Hapvida Participacoes e Investimentos S/A                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |      3682 | NS      | $24801.48     | 0.01%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Acter Group Corp Ltd                                                            | Acter Group Corp Ltd                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      1000 | NS      | $25428.18     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Zydus Wellness Ltd                                                              | Zydus Wellness Ltd                                                              | CUSIP: 000000000<br>LEI: 335800YCS4FG8P1D1Y21 | Long             | EC               | CORP              | IN        |      5525 | NS      | $28624.12     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Weibo Corp                                                                      | Weibo Corp                                                                      | CUSIP: 948596101<br>LEI: 549300Q9ID4640FE0422 | Long             | EC               | CORP              | KY        |      2074 | NS      | $25717.60     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Vale Indonesia Tbk PT                                                           | Vale Indonesia Tbk PT                                                           | CUSIP: 000000000<br>LEI: 5299002HHYBH7C6WBQ62 | Long             | EC               | CORP              | ID        |    184400 | NS      | $48686.47     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Wireless Semiconductor Co                                              | Advanced Wireless Semiconductor Co                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      8000 | NS      | $30185.71     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Gansu Shangfeng Cement Co Ltd                                                   | Gansu Shangfeng Cement Co Ltd                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      6240 | NS      | $9660.08      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Infore Environment Technology Group Co Ltd                                      | Infore Environment Technology Group Co Ltd                                      | CUSIP: 000000000<br>LEI: 300300LL4DABSFRC8R36 | Long             | EC               | CORP              | CN        |     12400 | NS      | $12524.64     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Zibo Qixiang Tengda Chemical Co Ltd                                             | Zibo Qixiang Tengda Chemical Co Ltd                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     14700 | NS      | $9953.57      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Echo Investment SA                                                              | Echo Investment SA                                                              | CUSIP: 000000000<br>LEI: 259400LHRL5AUI6F1F70 | Long             | EC               | CORP              | PL        |      1732 | NS      | $2668.54      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Anhui Truchum Advanced Materials & Technology Co Ltd                            | Anhui Truchum Advanced Materials & Technology Co Ltd                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     13800 | NS      | $18746.50     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kossan Rubber Industries Bhd                                                    | Kossan Rubber Industries Bhd                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     73800 | NS      | $20692.41     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Great Wall Enterprise Co Ltd                                                    | Great Wall Enterprise Co Ltd                                                    | CUSIP: 000000000<br>LEI: 254900P47G0MCVBCZX91 | Long             | EC               | CORP              | TW        |     44330 | NS      | $75342.67     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Yunnan Tin Co Ltd                                                               | Yunnan Tin Co Ltd                                                               | CUSIP: 000000000<br>LEI: 3003005QWPI5MVQF6K65 | Long             | EC               | CORP              | CN        |     14600 | NS      | $47460.33     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Asia Optical Co Inc                                                             | Asia Optical Co Inc                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     11000 | NS      | $57205.20     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Korea Zinc Co Ltd                                                               | Korea Zinc Co Ltd                                                               | CUSIP: 000000000<br>LEI: 988400D0HSQUB1I1VO41 | Long             | EC               | CORP              | KR        |       351 | NS      | $230405.90    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Lepu Medical Technology Beijing Co Ltd                                          | Lepu Medical Technology Beijing Co Ltd                                          | CUSIP: 000000000<br>LEI: 3003007FXUYE3WNDDO39 | Long             | EC               | CORP              | CN        |     14700 | NS      | $36179.79     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| China Petroleum & Chemical Corp                                                 | China Petroleum & Chemical Corp                                                 | CUSIP: 000000000<br>LEI: 529900A2OB24EZ5B3J19 | Long             | EC               | CORP              | CN        |   1596400 | NS      | $830822.61    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Petroleo Brasileiro SA - Petrobras                                              | Petroleo Brasileiro SA - Petrobras                                              | CUSIP: 71654V101<br>LEI: 5493000J801JZRCMFE49 | Long             | EC               | CORP              | BR        |     31807 | NS      | $375958.74    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Shipping Corp of India Land And Assets Ltd                                      | Shipping Corp of India Land And Assets Ltd                                      | CUSIP: 000000000<br>LEI: 335800XP4DOUTENVFB78 | Long             | EC               | CORP              | IN        |     14166 | NS      | $7825.79      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Innocean Worldwide Inc                                                          | Innocean Worldwide Inc                                                          | CUSIP: 000000000<br>LEI: 9884004U41HRH3VEBX04 | Long             | EC               | CORP              | KR        |      1076 | NS      | $13957.59     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Continental Holdings Corp                                                       | Continental Holdings Corp                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     42000 | NS      | $31350.48     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cathay Real Estate Development Co Ltd                                           | Cathay Real Estate Development Co Ltd                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     70000 | NS      | $53743.68     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Sitronix Technology Corp                                                        | Sitronix Technology Corp                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      9000 | NS      | $64079.01     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank OCBC Nisp Tbk PT                                                           | Bank OCBC Nisp Tbk PT                                                           | CUSIP: 000000000<br>LEI: 549300RBYAFM3PQZB872 | Long             | EC               | CORP              | ID        |    223000 | NS      | $18131.71     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sinoma International Engineering Co                                             | Sinoma International Engineering Co                                             | CUSIP: 000000000<br>LEI: 300300A8BDE5H0E13J94 | Long             | EC               | CORP              | CN        |     14600 | NS      | $18315.50     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanwha Galleria Corp                                                            | Hanwha Galleria Corp                                                            | CUSIP: 000000000<br>LEI: 988400453W62BF450K25 | Long             | EC               | CORP              | KR        |      4602 | NS      | $3647.36      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Maccura Biotechnology Co Ltd                                                    | Maccura Biotechnology Co Ltd                                                    | CUSIP: 000000000<br>LEI: 300300D1OBFM39B0QG96 | Long             | EC               | CORP              | CN        |      3800 | NS      | $6208.37      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyundai Wia Corp                                                                | Hyundai Wia Corp                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       941 | NS      | $32461.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Huaxi Securities Co Ltd                                                         | Huaxi Securities Co Ltd                                                         | CUSIP: 000000000<br>LEI: 300300D66HSOBZQCV606 | Long             | EC               | CORP              | CN        |     12600 | NS      | $18178.40     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Jindal Saw Ltd                                                                  | Jindal Saw Ltd                                                                  | CUSIP: 000000000<br>LEI: 335800DDPMLWP71NRQ10 | Long             | EC               | CORP              | IN        |     28522 | NS      | $64956.81     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Beijing Dabeinong Technology Group Co Ltd                                       | Beijing Dabeinong Technology Group Co Ltd                                       | CUSIP: 000000000<br>LEI: 300300QCKQAYV9F44G81 | Long             | EC               | CORP              | CN        |     28600 | NS      | $16392.33     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Huitongda Network Co Ltd                                                        | Huitongda Network Co Ltd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      2800 | NS      | $5900.83      | 0.00%             |  |  |  | Yes           |                  1 | On Loan: —       |
| Motor Oil Hellas Corinth Refineries SA                                          | Motor Oil Hellas Corinth Refineries SA                                          | CUSIP: 000000000<br>LEI: 213800U3Y9UL7Y4QVM11 | Long             | EC               | CORP              | GR        |      5094 | NS      | $153462.56    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Tiangong International Co Ltd                                                   | Tiangong International Co Ltd                                                   | CUSIP: 000000000<br>LEI: 254900F7I4ZE3X40W968 | Long             | EC               | CORP              | KY        |    100000 | NS      | $34181.66     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| SF Holding Co Ltd                                                               | SF Holding Co Ltd                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      8300 | NS      | $47024.14     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Amanat Holdings PJSC                                                            | Amanat Holdings PJSC                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AE        |     45835 | NS      | $14225.75     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| India Cements Ltd/The                                                           | India Cements Ltd/The                                                           | CUSIP: 000000000<br>LEI: 335800NXO131RZADZW42 | Long             | EC               | CORP              | IN        |      5546 | NS      | $23926.40     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Energi Mega Persada Tbk PT                                                      | Energi Mega Persada Tbk PT                                                      | CUSIP: 000000000<br>LEI: 25490019ABALWIGUDM79 | Long             | EC               | CORP              | ID        |   1206500 | NS      | $58279.78     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ENN Natural Gas Co Ltd                                                          | ENN Natural Gas Co Ltd                                                          | CUSIP: 000000000<br>LEI: 300300KVDMGNQNP52Z98 | Long             | EC               | CORP              | CN        |      8100 | NS      | $20459.23     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ChipMOS Technologies Inc                                                        | ChipMOS Technologies Inc                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     28897 | NS      | $27969.73     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| COFCO Joycome Foods Ltd                                                         | COFCO Joycome Foods Ltd                                                         | CUSIP: 000000000<br>LEI: 3003003OFHF11IML2X42 | Long             | EC               | CORP              | KY        |    183000 | NS      | $42328.72     | 0.02%             |  |  |  | Yes           |                  1 | On Loan: —       |
| Skyworth Group Ltd                                                              | Skyworth Group Ltd                                                              | CUSIP: 000000000<br>LEI: 529900LRFQSJWSSXY627 | Long             | EC               | CORP              | BM        |     30000 | NS      | $17733.34     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Nine Dragons Paper Holdings Ltd                                                 | Nine Dragons Paper Holdings Ltd                                                 | CUSIP: 000000000<br>LEI: 529900TBMYEYJ2LEV906 | Long             | EC               | CORP              | BM        |    109000 | NS      | $76897.18     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| SSY Group Ltd                                                                   | SSY Group Ltd                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     46000 | NS      | $17260.46     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Beijing Capital Eco-Environment Protection Group Co Ltd                         | Beijing Capital Eco-Environment Protection Group Co Ltd                         | CUSIP: 000000000<br>LEI: 30030025XAP88XOR8484 | Long             | EC               | CORP              | CN        |     48000 | NS      | $21442.87     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China Oilfield Services Ltd                                                     | China Oilfield Services Ltd                                                     | CUSIP: 000000000<br>LEI: 529900J4X53VL8QQW675 | Long             | EC               | CORP              | CN        |    134000 | NS      | $115025.15    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanlam Ltd                                                                      | Sanlam Ltd                                                                      | CUSIP: 000000000<br>LEI: 37890014418406D9FC23 | Long             | EC               | CORP              | ZA        |     13661 | NS      | $66121.77     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Sinopharm Group Co Ltd                                                          | Sinopharm Group Co Ltd                                                          | CUSIP: 000000000<br>LEI: 529900N54X78YH9JYK92 | Long             | EC               | CORP              | CN        |    109600 | NS      | $258298.24    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Industrial & Commercial Bank of China Ltd                                       | Industrial & Commercial Bank of China Ltd                                       | CUSIP: 000000000<br>LEI: 5493002ERZU2K9PZDL40 | Long             | EC               | CORP              | CN        |   3410000 | NS      | $2515230.76   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| New China Life Insurance Co Ltd                                                 | New China Life Insurance Co Ltd                                                 | CUSIP: 000000000<br>LEI: 300300F2001111000095 | Long             | EC               | CORP              | CN        |      4100 | NS      | $24319.87     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Santander Brasil SA                                                       | Banco Santander Brasil SA                                                       | CUSIP: 000000000<br>LEI: 549300D1H731B30TSI43 | Long             | EC               | CORP              | BR        |     84642 | NS      | $467560.67    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Shinkong Textile Co Ltd                                                         | Shinkong Textile Co Ltd                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      4000 | NS      | $7415.18      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Altron Ltd                                                                      | Altron Ltd                                                                      | CUSIP: 000000000<br>LEI: 378900C70488B55BA114 | Long             | EC               | CORP              | ZA        |     18636 | NS      | $19693.51     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Jiangsu Phoenix Publishing & Media Corp Ltd                                     | Jiangsu Phoenix Publishing & Media Corp Ltd                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     14700 | NS      | $21724.39     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| YFY Inc                                                                         | YFY Inc                                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    110385 | NS      | $92355.72     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Shandong Linglong Tyre Co Ltd                                                   | Shandong Linglong Tyre Co Ltd                                                   | CUSIP: 000000000<br>LEI: 3003003R54QIO1CPVS32 | Long             | EC               | CORP              | CN        |      7700 | NS      | $16593.22     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kirloskar Oil Engines Ltd                                                       | Kirloskar Oil Engines Ltd                                                       | CUSIP: 000000000<br>LEI: 33580018J5C7B1UQSN26 | Long             | EC               | CORP              | IN        |       798 | NS      | $8302.32      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sailun Group Co Ltd                                                             | Sailun Group Co Ltd                                                             | CUSIP: 000000000<br>LEI: 300300GF13IPLVWINQ61 | Long             | EC               | CORP              | CN        |     11500 | NS      | $23231.18     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sandur Manganese & Iron Ores Ltd/The                                            | Sandur Manganese & Iron Ores Ltd/The                                            | CUSIP: 000000000<br>LEI: 254900NF50X4VKSUO257 | Long             | EC               | CORP              | IN        |      5340 | NS      | $10110.00     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| National Central Cooling Co PJSC                                                | National Central Cooling Co PJSC                                                | CUSIP: 000000000<br>LEI: 254900E7M1Y3DXGQ1283 | Long             | EC               | CORP              | AE        |     13972 | NS      | $10917.26     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Charoen Pokphand Indonesia Tbk PT                                               | Charoen Pokphand Indonesia Tbk PT                                               | CUSIP: 000000000<br>LEI: 529900JL5SA37OU87X40 | Long             | EC               | CORP              | ID        |     65700 | NS      | $18371.56     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China Mengniu Dairy Co Ltd                                                      | China Mengniu Dairy Co Ltd                                                      | CUSIP: 000000000<br>LEI: 2549005Q343BSJ8RSS21 | Long             | EC               | CORP              | KY        |    193000 | NS      | $372014.73    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| DN Automotive Corp                                                              | DN Automotive Corp                                                              | CUSIP: 000000000<br>LEI: 988400LNF6EU6ADBDY89 | Long             | EC               | CORP              | KR        |       314 | NS      | $5113.79      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AMMB Holdings Bhd                                                               | AMMB Holdings Bhd                                                               | CUSIP: 000000000<br>LEI: 254900R0GQB7U67SCH62 | Long             | EC               | CORP              | MY        |    191687 | NS      | $257343.84    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| HS Hyosung Advanced Materials Corp                                              | HS Hyosung Advanced Materials Corp                                              | CUSIP: 000000000<br>LEI: 988400AB2I8GPHXE0685 | Long             | EC               | CORP              | KR        |        80 | NS      | $10269.06     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Surya Roshni Ltd                                                                | Surya Roshni Ltd                                                                | CUSIP: 000000000<br>LEI: 3358007USXSNEN3WXO62 | Long             | EC               | CORP              | IN        |      3092 | NS      | $10027.64     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Avanti Feeds Ltd                                                                | Avanti Feeds Ltd                                                                | CUSIP: 000000000<br>LEI: 335800USE8T3G88KN868 | Long             | EC               | CORP              | IN        |      2210 | NS      | $16079.29     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| IRICO Display Devices Co Ltd                                                    | IRICO Display Devices Co Ltd                                                    | CUSIP: 000000000<br>LEI: 3003005EGLX0QFEGD247 | Long             | EC               | CORP              | CN        |     22000 | NS      | $18203.40     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Doosan Bobcat Inc                                                               | Doosan Bobcat Inc                                                               | CUSIP: 000000000<br>LEI: 9884007K6X0Q0112FX44 | Long             | EC               | CORP              | KR        |      3756 | NS      | $148574.89    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Granules India Ltd                                                              | Granules India Ltd                                                              | CUSIP: 000000000<br>LEI: 335800HJF1KE335ASX37 | Long             | EC               | CORP              | IN        |      7725 | NS      | $44807.20     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Beijing Sinnet Technology Co Ltd                                                | Beijing Sinnet Technology Co Ltd                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     15900 | NS      | $33727.85     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Matrix Concepts Holdings Bhd                                                    | Matrix Concepts Holdings Bhd                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     96300 | NS      | $32263.99     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Ruentex Industries Ltd                                                          | Ruentex Industries Ltd                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     22891 | NS      | $39355.88     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Global PMX Co Ltd                                                               | Global PMX Co Ltd                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      2000 | NS      | $8760.42      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Fujian Funeng Co Ltd                                                            | Fujian Funeng Co Ltd                                                            | CUSIP: 000000000<br>LEI: 300300TDQOLNFB5F7X23 | Long             | EC               | CORP              | CN        |     18330 | NS      | $25312.24     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| DL E&C Co Ltd                                                                   | DL E&C Co Ltd                                                                   | CUSIP: 000000000<br>LEI: 988400UU0MCCBS1YP242 | Long             | EC               | CORP              | KR        |      1344 | NS      | $40136.56     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| United Renewable Energy Co Ltd/Taiwan                                           | United Renewable Energy Co Ltd/Taiwan                                           | CUSIP: 000000000<br>LEI: 254900E7A0T0Q0DM6K74 | Long             | EC               | CORP              | TW        |     24000 | NS      | $5417.68      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Mirae Asset Securities Co Ltd                                                   | Mirae Asset Securities Co Ltd                                                   | CUSIP: 000000000<br>LEI: 98840072S6T63E2V1291 | Long             | EC               | CORP              | KR        |      8370 | NS      | $127365.03    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Charoen Pokphand Foods PCL                                                      | Charoen Pokphand Foods PCL                                                      | CUSIP: 000000000<br>LEI: 529900FJ3AI2GKGIWK15 | Long             | EC               | CORP              | TH        |    179100 | NS      | $123250.42    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Onewo Inc                                                                       | Onewo Inc                                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     10700 | NS      | $33439.43     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Guiyang Co Ltd                                                          | Bank of Guiyang Co Ltd                                                          | CUSIP: 000000000<br>LEI: 300300C1080552000050 | Long             | EC               | CORP              | CN        |     22500 | NS      | $18206.21     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Tata Consumer Products Ltd                                                      | Tata Consumer Products Ltd                                                      | CUSIP: 000000000<br>LEI: 335800LOXFWU8ZQJMD12 | Long             | EC               | CORP              | IN        |      8150 | NS      | $103953.20    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhejiang Orient Financial Holdings Group Co Ltd                                 | Zhejiang Orient Financial Holdings Group Co Ltd                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     17420 | NS      | $15368.18     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| West China Cement Ltd                                                           | West China Cement Ltd                                                           | CUSIP: 000000000<br>LEI: 529900MMG3NBTIWPPR63 | Long             | EC               | CORP              | JE        |    198000 | NS      | $83709.10     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| iQIYI Inc                                                                       | iQIYI Inc                                                                       | CUSIP: 46267X108<br>LEI: 222100XL8T2Q5B8MS302 | Long             | EC               | CORP              | KY        |     31465 | NS      | $80550.40     | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Pennar Industries Ltd                                                           | Pennar Industries Ltd                                                           | CUSIP: 000000000<br>LEI: 335800DSX2AXRPGHZQ29 | Long             | EC               | CORP              | IN        |      5072 | NS      | $13367.10     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| KS Terminals Inc                                                                | KS Terminals Inc                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      6000 | NS      | $10295.95     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Mandiri Persero Tbk PT                                                     | Bank Mandiri Persero Tbk PT                                                     | CUSIP: 000000000<br>LEI: 549300RSKQN4Z5ZSGH94 | Long             | EC               | CORP              | ID        |    252000 | NS      | $66534.65     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Shin Zu Shing Co Ltd                                                            | Shin Zu Shing Co Ltd                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      9064 | NS      | $77322.66     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhuzhou Kibing Group Co Ltd                                                     | Zhuzhou Kibing Group Co Ltd                                                     | CUSIP: 000000000<br>LEI: 300300RWM4DKUZFOIT68 | Long             | EC               | CORP              | CN        |     10500 | NS      | $10590.79     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Chongqing Changan Automobile Co Ltd                                             | Chongqing Changan Automobile Co Ltd                                             | CUSIP: 000000000<br>LEI: 300300WKFSBX9P5ZOM25 | Long             | EC               | CORP              | CN        |     41230 | NS      | $70836.05     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Shanghai Tunnel Engineering Co Ltd                                              | Shanghai Tunnel Engineering Co Ltd                                              | CUSIP: 000000000<br>LEI: 300300MM4YQNHL44T156 | Long             | EC               | CORP              | CN        |     25600 | NS      | $23016.25     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ganfeng Lithium Group Co Ltd                                                    | Ganfeng Lithium Group Co Ltd                                                    | CUSIP: 000000000<br>LEI: 3003006BE6UOHWEOOR42 | Long             | EC               | CORP              | CN        |     12000 | NS      | $66523.17     | 0.03%             |  |  |  | Yes           |                  1 | On Loan: —       |
| Indocement Tunggal Prakarsa Tbk PT                                              | Indocement Tunggal Prakarsa Tbk PT                                              | CUSIP: 000000000<br>LEI: 529900U7IH8JW3FMGM30 | Long             | EC               | CORP              | ID        |    129800 | NS      | $50821.78     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SDIC Capital Co Ltd                                                             | SDIC Capital Co Ltd                                                             | CUSIP: 000000000<br>LEI: 391200N3TQNVUCU8N039 | Long             | EC               | CORP              | CN        |     20400 | NS      | $22611.10     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MLS Co Ltd                                                                      | MLS Co Ltd                                                                      | CUSIP: 000000000<br>LEI: 3003000E4FXUTGAZD043 | Long             | EC               | CORP              | CN        |     20000 | NS      | $25651.65     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Anhui Huilong Agricultural Means of Production Co Ltd                           | Anhui Huilong Agricultural Means of Production Co Ltd                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      6500 | NS      | $4985.64      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Union Technology Corp                                                    | Taiwan Union Technology Corp                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     11000 | NS      | $113508.10    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Shanghai Fosun Pharmaceutical Group Co Ltd                                      | Shanghai Fosun Pharmaceutical Group Co Ltd                                      | CUSIP: 000000000<br>LEI: 300300DMUYLW3FP1OT73 | Long             | EC               | CORP              | CN        |     24000 | NS      | $79507.06     | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Global New Material International Holdings Ltd                                  | Global New Material International Holdings Ltd                                  | CUSIP: 000000000<br>LEI: 98450078AFFD8D49EE48 | Long             | EC               | CORP              | KY        |     25000 | NS      | $14970.54     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Chengdu Wintrue Holding Co Ltd                                                  | Chengdu Wintrue Holding Co Ltd                                                  | CUSIP: 000000000<br>LEI: 300300F35PZBU9IAOC66 | Long             | EC               | CORP              | CN        |      8900 | NS      | $13002.83     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Geely Automobile Holdings Ltd                                                   | Geely Automobile Holdings Ltd                                                   | CUSIP: 000000000<br>LEI: 549300YS3T1KVQ2SNI84 | Long             | EC               | CORP              | KY        |    237000 | NS      | $595397.04    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| CNNC Hua Yuan Titanium Dioxide Co Ltd                                           | CNNC Hua Yuan Titanium Dioxide Co Ltd                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     21460 | NS      | $17455.12     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Offshore Oil Engineering Co Ltd                                                 | Offshore Oil Engineering Co Ltd                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     27400 | NS      | $20400.51     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MMG Ltd                                                                         | MMG Ltd                                                                         | CUSIP: 000000000<br>LEI: 529900XB5IQXFMSWEC48 | Long             | EC               | CORP              | HK        |    186400 | NS      | $161681.84    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Genertec Universal Medical Group Co Ltd                                         | Genertec Universal Medical Group Co Ltd                                         | CUSIP: 000000000<br>LEI: 2549007JDMSRWFODDQ05 | Long             | EC               | CORP              | HK        |     75500 | NS      | $58890.77     | 0.03%             |  |  |  | Yes           |                  1 | On Loan: No      |
| LG H&H Co Ltd                                                                   | LG H&H Co Ltd                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       398 | NS      | $81128.97     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Topsports International Holdings Ltd                                            | Topsports International Holdings Ltd                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |    141000 | NS      | $57255.57     | 0.03%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Sany Heavy Industry Co Ltd                                                      | Sany Heavy Industry Co Ltd                                                      | CUSIP: 000000000<br>LEI: 3003001FS86S7NYOHV89 | Long             | EC               | CORP              | CN        |     11000 | NS      | $35912.31     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| City Union Bank Ltd                                                             | City Union Bank Ltd                                                             | CUSIP: 000000000<br>LEI: 33580024M7FWA847JI64 | Long             | EC               | CORP              | IN        |     30829 | NS      | $73964.25     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| St Shine Optical Co Ltd                                                         | St Shine Optical Co Ltd                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      5000 | NS      | $22803.33     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sinofert Holdings Ltd                                                           | Sinofert Holdings Ltd                                                           | CUSIP: 000000000<br>LEI: 5299003MF6ZDA7K38F96 | Long             | EC               | CORP              | BM        |    244000 | NS      | $43896.45     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Maruti Suzuki India Ltd                                                         | Maruti Suzuki India Ltd                                                         | CUSIP: 000000000<br>LEI: 335800D27PBEESKKD357 | Long             | EC               | CORP              | IN        |      4747 | NS      | $857294.93    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Shipping Corp of India Ltd                                                      | Shipping Corp of India Ltd                                                      | CUSIP: 000000000<br>LEI: 335800K6AUA2ZT15FA32 | Long             | EC               | CORP              | IN        |     14166 | NS      | $35499.26     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ZMJ Group Co Ltd                                                                | ZMJ Group Co Ltd                                                                | CUSIP: 000000000<br>LEI: 300300PYAQHLZLU5N973 | Long             | EC               | CORP              | CN        |     21400 | NS      | $64513.91     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Lelon Electronics Corp                                                          | Lelon Electronics Corp                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     10000 | NS      | $28545.18     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Naspers Ltd                                                                     | Naspers Ltd                                                                     | CUSIP: 000000000<br>LEI: 21380044BQ8812EEKT59 | Long             | EC               | CORP              | ZA        |      1718 | NS      | $622208.47    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Sinopec Engineering Group Co Ltd                                                | Sinopec Engineering Group Co Ltd                                                | CUSIP: 000000000<br>LEI: 529900MZVFFC7D57VV51 | Long             | EC               | CORP              | CN        |    111000 | NS      | $96423.13     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Dongfang Electric Corp Ltd                                                      | Dongfang Electric Corp Ltd                                                      | CUSIP: 000000000<br>LEI: 529900ISAW6T566F0R12 | Long             | EC               | CORP              | CN        |     21000 | NS      | $44822.96     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Hana Financial Group Inc                                                        | Hana Financial Group Inc                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     16805 | NS      | $1044436.05   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Usha Martin Ltd                                                                 | Usha Martin Ltd                                                                 | CUSIP: 000000000<br>LEI: 33580037BPBHOK655A23 | Long             | EC               | CORP              | IN        |     10246 | NS      | $53371.34     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Nanjing Co Ltd                                                          | Bank of Nanjing Co Ltd                                                          | CUSIP: 000000000<br>LEI: 300300C1086932000062 | Long             | EC               | CORP              | CN        |     61300 | NS      | $94122.88     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| MKH Bhd                                                                         | MKH Bhd                                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     36950 | NS      | $9482.24      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CNSIG Inner Mongolia Chemical Industry Co Ltd                                   | CNSIG Inner Mongolia Chemical Industry Co Ltd                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     13650 | NS      | $14899.38     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China State Construction Engineering Corp Ltd                                   | China State Construction Engineering Corp Ltd                                   | CUSIP: 000000000<br>LEI: 300300CWW8WOEV3BR645 | Long             | EC               | CORP              | CN        |    164900 | NS      | $126250.10    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Gourmet Master Co Ltd                                                           | Gourmet Master Co Ltd                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      5000 | NS      | $12139.90     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubei Jumpcan Pharmaceutical Co Ltd                                             | Hubei Jumpcan Pharmaceutical Co Ltd                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      4400 | NS      | $15032.49     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| DB Insurance Co Ltd                                                             | DB Insurance Co Ltd                                                             | CUSIP: 000000000<br>LEI: 9884000ZF26VNJBWSJ91 | Long             | EC               | CORP              | KR        |       377 | NS      | $37215.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Balrampur Chini Mills Ltd                                                       | Balrampur Chini Mills Ltd                                                       | CUSIP: 000000000<br>LEI: 335800C7EYNUHLDUDY84 | Long             | EC               | CORP              | IN        |      8487 | NS      | $43587.41     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| eClerx Services Ltd                                                             | eClerx Services Ltd                                                             | CUSIP: 000000000<br>LEI: 335800AL5EIRPWHMSY54 | Long             | EC               | CORP              | IN        |       783 | NS      | $35451.11     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Firstsource Solutions Ltd                                                       | Firstsource Solutions Ltd                                                       | CUSIP: 000000000<br>LEI: 335800UFBBNPDIZWQX32 | Long             | EC               | CORP              | IN        |      6425 | NS      | $23782.02     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Chongqing Co Ltd                                                        | Bank of Chongqing Co Ltd                                                        | CUSIP: 000000000<br>LEI: 529900SL6VGZ82VFC372 | Long             | EC               | CORP              | CN        |     46500 | NS      | $43918.94     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Ripley Corp SA                                                                  | Ripley Corp SA                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CL        |     81141 | NS      | $39497.40     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Hua Hong Semiconductor Ltd                                                      | Hua Hong Semiconductor Ltd                                                      | CUSIP: 000000000<br>LEI: 529900OXH3ZYLIMGB907 | Long             | EC               | CORP              | HK        |     30000 | NS      | $308405.99    | 0.14%             |  |  |  | Yes           |                  1 | On Loan: —       |
| GHCL Ltd                                                                        | GHCL Ltd                                                                        | CUSIP: 000000000<br>LEI: 335800L2UYNOUH82F930 | Long             | EC               | CORP              | IN        |      5527 | NS      | $37772.62     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| RBL Bank Ltd                                                                    | RBL Bank Ltd                                                                    | CUSIP: 000000000<br>LEI: 335800JQTGMLAAQL1F37 | Long             | EC               | CORP              | IN        |     35444 | NS      | $111275.53    | 0.05%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Tong Yang Industry Co Ltd                                                       | Tong Yang Industry Co Ltd                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     29921 | NS      | $91693.07     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhongtai Securities Co Ltd                                                      | Zhongtai Securities Co Ltd                                                      | CUSIP: 000000000<br>LEI: 300300E1012137000054 | Long             | EC               | CORP              | CN        |     15500 | NS      | $15133.21     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Foxconn Technology Co Ltd                                                       | Foxconn Technology Co Ltd                                                       | CUSIP: 000000000<br>LEI: 3003003OO8QC88ZHCE44 | Long             | EC               | CORP              | TW        |     46127 | NS      | $106395.70    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Baidu Inc                                                                       | Baidu Inc                                                                       | CUSIP: 000000000<br>LEI: 254900AL64IANZYI1E02 | Long             | EC               | CORP              | KY        |      6850 | NS      | $117248.25    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| SNT Motiv Co Ltd                                                                | SNT Motiv Co Ltd                                                                | CUSIP: 000000000<br>LEI: 984500399892BD92BE50 | Long             | EC               | CORP              | KR        |      1079 | NS      | $26416.49     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Huang Hsiang Construction Corp                                                  | Huang Hsiang Construction Corp                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      9015 | NS      | $12674.48     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| North-Star International Co Ltd                                                 | North-Star International Co Ltd                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     12000 | NS      | $15276.59     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Shandong Nanshan Aluminum Co Ltd                                                | Shandong Nanshan Aluminum Co Ltd                                                | CUSIP: 000000000<br>LEI: 836800YU5J3RT2VPUO65 | Long             | EC               | CORP              | CN        |     37900 | NS      | $21083.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Lippo Karawaci Tbk PT                                                           | Lippo Karawaci Tbk PT                                                           | CUSIP: 000000000<br>LEI: 254900KQ77NJ1AG8IC28 | Long             | EC               | CORP              | ID        |   1787300 | NS      | $11046.62     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Lenovo Group Ltd                                                                | Lenovo Group Ltd                                                                | CUSIP: 000000000<br>LEI: 254900VUZRGD5U73RE46 | Long             | EC               | CORP              | HK        |    142000 | NS      | $210756.94    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhongsheng Group Holdings Ltd                                                   | Zhongsheng Group Holdings Ltd                                                   | CUSIP: 000000000<br>LEI: 3003005VYMEBAJNJ2Y26 | Long             | EC               | CORP              | KY        |     62500 | NS      | $117097.90    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Emaar Properties PJSC                                                           | Emaar Properties PJSC                                                           | CUSIP: 000000000<br>LEI: 254900YWYEXYXK1BMP81 | Long             | EC               | CORP              | AE        |    315614 | NS      | $1121346.76   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Lotus Pharmaceutical Co Ltd                                                     | Lotus Pharmaceutical Co Ltd                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     10000 | NS      | $85143.38     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Hiwin Technologies Corp                                                         | Hiwin Technologies Corp                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     19000 | NS      | $134342.80    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| China Man-Made Fiber Corp                                                       | China Man-Made Fiber Corp                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     72018 | NS      | $15359.18     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Harim Holdings Co Ltd                                                           | Harim Holdings Co Ltd                                                           | CUSIP: 000000000<br>LEI: 988400HGJVPRYCRSZI12 | Long             | EC               | CORP              | KR        |      2243 | NS      | $11734.16     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS Info Systems Ltd                                                            | CMS Info Systems Ltd                                                            | CUSIP: 000000000<br>LEI: 335800CJKQ8UKRCDKY63 | Long             | EC               | CORP              | IN        |      9549 | NS      | $40104.43     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Nichidenbo Corp                                                                 | Nichidenbo Corp                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      6000 | NS      | $14843.49     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dongkuk Holdings Co Ltd                                                         | Dongkuk Holdings Co Ltd                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      1150 | NS      | $6073.55      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| United Tractors Tbk PT                                                          | United Tractors Tbk PT                                                          | CUSIP: 000000000<br>LEI: 529900N9ELYOWQV4FW14 | Long             | EC               | CORP              | ID        |    169000 | NS      | $271525.65    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| LK Technology Holdings Ltd                                                      | LK Technology Holdings Ltd                                                      | CUSIP: 000000000<br>LEI: 98450014EE068411A194 | Long             | EC               | CORP              | KY        |     42500 | NS      | $26487.58     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Magnum Bhd                                                                      | Magnum Bhd                                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     86961 | NS      | $28101.93     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| DCB Bank Ltd                                                                    | DCB Bank Ltd                                                                    | CUSIP: 000000000<br>LEI: 549300HLUOQ4ZGINVI30 | Long             | EC               | CORP              | IN        |     19962 | NS      | $28462.94     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AEON Credit Service M Bhd                                                       | AEON Credit Service M Bhd                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |      8100 | NS      | $10643.46     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CTBC Financial Holding Co Ltd                                                   | CTBC Financial Holding Co Ltd                                                   | CUSIP: 000000000<br>LEI: 549300IWDYIFW6JXM387 | Long             | EC               | CORP              | TW        |    518280 | NS      | $729516.77    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Shanghai Putailai New Energy Technology Co Ltd                                  | Shanghai Putailai New Energy Technology Co Ltd                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      8900 | NS      | $38658.42     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| China Merchants Expressway Network & Technology Holdings Co Ltd                 | China Merchants Expressway Network & Technology Holdings Co Ltd                 | CUSIP: 000000000<br>LEI: 300300HYECHLUO2UVU03 | Long             | EC               | CORP              | CN        |     12700 | NS      | $17377.10     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Taichung Commercial Bank Co Ltd                                                 | Taichung Commercial Bank Co Ltd                                                 | CUSIP: 000000000<br>LEI: 549300VNYOLU68FQNE06 | Long             | EC               | CORP              | TW        |    281071 | NS      | $209341.55    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Beijing Enterprises Holdings Ltd                                                | Beijing Enterprises Holdings Ltd                                                | CUSIP: 000000000<br>LEI: 529900896ODARUEY2V26 | Long             | EC               | CORP              | HK        |     46000 | NS      | $196603.68    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Discovery Co Ltd                                                             | SK Discovery Co Ltd                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       867 | NS      | $33306.94     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Zero One Technology Co Ltd                                                      | Zero One Technology Co Ltd                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      9000 | NS      | $36468.93     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| KGI Financial Holding Co Ltd                                                    | KGI Financial Holding Co Ltd                                                    | CUSIP: 000000000<br>LEI: 213800CVM61O866CGD19 | Long             | EC               | CORP              | TW        |   1124694 | NS      | $551682.37    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Tainan Spinning Co Ltd                                                          | Tainan Spinning Co Ltd                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     21427 | NS      | $9455.78      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Yonfer Agricultural Technology Co Ltd                                           | Yonfer Agricultural Technology Co Ltd                                           | CUSIP: 000000000<br>LEI: 3003005L5KIOE9PUI970 | Long             | EC               | CORP              | CN        |      6900 | NS      | $13541.29     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NetDragon Websoft Holdings Ltd                                                  | NetDragon Websoft Holdings Ltd                                                  | CUSIP: 000000000<br>LEI: 549300OAYL2PBUPUBR89 | Long             | EC               | CORP              | KY        |     25500 | NS      | $50725.08     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Larsen & Toubro Ltd                                                             | Larsen & Toubro Ltd                                                             | CUSIP: 000000000<br>LEI: 3358003FR3JIC5FRXA90 | Long             | EC               | CORP              | IN        |     26484 | NS      | $1096437.60   | 0.51%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Ajman Bank PJSC                                                                 | Ajman Bank PJSC                                                                 | CUSIP: 000000000<br>LEI: 254900AI4SJIWRIO1C04 | Long             | EC               | CORP              | AE        |     74597 | NS      | $29042.27     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ocean Plastics Co Ltd                                                           | Ocean Plastics Co Ltd                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      9000 | NS      | $10674.91     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hannstar Board Corp                                                             | Hannstar Board Corp                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     23814 | NS      | $71493.57     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Financiero Banorte SAB de CV                                              | Grupo Financiero Banorte SAB de CV                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |     75782 | NS      | $761109.74    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Oriental Energy Co Ltd                                                          | Oriental Energy Co Ltd                                                          | CUSIP: 000000000<br>LEI: 3003001HS55ZYR50IW66 | Long             | EC               | CORP              | CN        |     11300 | NS      | $13667.72     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Turkiye Sinai Kalkinma Bankasi AS                                               | Turkiye Sinai Kalkinma Bankasi AS                                               | CUSIP: 000000000<br>LEI: 549300MFCXK5HOOEWP84 | Long             | EC               | CORP              | TR        |     37637 | NS      | $12093.88     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Shinhan Financial Group Co Ltd                                                  | Shinhan Financial Group Co Ltd                                                  | CUSIP: 000000000<br>LEI: 988400EB8A6G49E5KO54 | Long             | EC               | CORP              | KR        |     17905 | NS      | $903513.06    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Raubex Group Ltd                                                                | Raubex Group Ltd                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |     16897 | NS      | $41679.92     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Gansu Energy Chemical Co Ltd                                                    | Gansu Energy Chemical Co Ltd                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     56900 | NS      | $19983.28     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kotak Mahindra Bank Ltd                                                         | Kotak Mahindra Bank Ltd                                                         | CUSIP: 000000000<br>LEI: 335800E6GTTXKHXE2I75 | Long             | EC               | CORP              | IN        |     28870 | NS      | $649007.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Multiply Group PJSC                                                             | Multiply Group PJSC                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AE        |    133955 | NS      | $106126.80    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Yantai Changyu Pioneer Wine Co Ltd                                              | Yantai Changyu Pioneer Wine Co Ltd                                              | CUSIP: 000000000<br>LEI: 655600C3GCRQ97OZ2472 | Long             | EC               | CORP              | CN        |      3700 | NS      | $11263.55     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Pick n Pay Stores Ltd                                                           | Pick n Pay Stores Ltd                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |     23653 | NS      | $34774.16     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Polyplex Corp Ltd                                                               | Polyplex Corp Ltd                                                               | CUSIP: 000000000<br>LEI: 335800OF9NJ7RT12XQ96 | Long             | EC               | CORP              | IN        |      2048 | NS      | $23884.83     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Ningbo Co Ltd                                                           | Bank of Ningbo Co Ltd                                                           | CUSIP: 000000000<br>LEI: 300300C1092133000091 | Long             | EC               | CORP              | CN        |     38780 | NS      | $143985.76    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Health & Happiness H&H International Holdings Ltd                               | Health & Happiness H&H International Holdings Ltd                               | CUSIP: 000000000<br>LEI: 2138007WU5DJFZFDDV59 | Long             | EC               | CORP              | KY        |     18500 | NS      | $31332.76     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GF Securities Co Ltd                                                            | GF Securities Co Ltd                                                            | CUSIP: 000000000<br>LEI: 3003007E0Y3ZJ5HNA936 | Long             | EC               | CORP              | CN        |     48000 | NS      | $125212.83    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| IOI Properties Group Bhd                                                        | IOI Properties Group Bhd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     75850 | NS      | $37668.17     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Baoshan Iron & Steel Co Ltd                                                     | Baoshan Iron & Steel Co Ltd                                                     | CUSIP: 000000000<br>LEI: 300300PYAP4PEHORZT21 | Long             | EC               | CORP              | CN        |    100300 | NS      | $99617.33     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| TSH Resources Bhd                                                               | TSH Resources Bhd                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     43000 | NS      | $11647.86     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Shinkong Insurance Co Ltd                                                       | Shinkong Insurance Co Ltd                                                       | CUSIP: 000000000<br>LEI: 25490029RLTT2HAJLA57 | Long             | EC               | CORP              | TW        |     11000 | NS      | $43490.39     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Brilliance China Automotive Holdings Ltd                                        | Brilliance China Automotive Holdings Ltd                                        | CUSIP: 000000000<br>LEI: 5299005WPCSQN14NBM26 | Long             | EC               | CORP              | BM        |    178000 | NS      | $94238.59     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitra Adiperkasa Tbk PT                                                         | Mitra Adiperkasa Tbk PT                                                         | CUSIP: 000000000<br>LEI: 254900Z2B7Y7F69ZZZ04 | Long             | EC               | CORP              | ID        |    620000 | NS      | $41854.19     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| RAK Properties PJSC                                                             | RAK Properties PJSC                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AE        |     93395 | NS      | $37632.10     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Walsin Technology Corp                                                          | Walsin Technology Corp                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     28000 | NS      | $96003.67     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| CJ ENM Co Ltd                                                                   | CJ ENM Co Ltd                                                                   | CUSIP: 000000000<br>LEI: 9884005N1TS61ILH6840 | Long             | EC               | CORP              | KR        |      1200 | NS      | $60810.38     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Punjab National Bank                                                            | Punjab National Bank                                                            | CUSIP: 000000000<br>LEI: 335800LE3GBR6I412V82 | Long             | EC               | CORP              | IN        |    135010 | NS      | $171977.09    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenzhen Jinjia Group Co Ltd                                                    | Shenzhen Jinjia Group Co Ltd                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     10602 | NS      | $6761.74      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| China Resources Gas Group Ltd                                                   | China Resources Gas Group Ltd                                                   | CUSIP: 000000000<br>LEI: 529900A0E1J5JSOKEK83 | Long             | EC               | CORP              | BM        |     59200 | NS      | $150929.78    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| IBF Financial Holdings Co Ltd                                                   | IBF Financial Holdings Co Ltd                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    132503 | NS      | $66951.45     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Infibeam Avenues Ltd                                                            | Infibeam Avenues Ltd                                                            | CUSIP: 000000000<br>LEI: 254900TMP0656LN8IW04 | Long             | EC               | CORP              | IN        |     19336 | NS      | $2175.58      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Cement Corp                                                           | Universal Cement Corp                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     49205 | NS      | $49482.68     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyundai Steel Co                                                                | Hyundai Steel Co                                                                | CUSIP: 000000000<br>LEI: 9884006EYA94IB2C3132 | Long             | EC               | CORP              | KR        |      4416 | NS      | $106855.21    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Century Iron & Steel Industrial Co Ltd                                          | Century Iron & Steel Industrial Co Ltd                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      6000 | NS      | $34451.08     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| KGHM Polska Miedz SA                                                            | KGHM Polska Miedz SA                                                            | CUSIP: 000000000<br>LEI: G30CO71KTT9JDYJESN22 | Long             | EC               | CORP              | PL        |     11727 | NS      | $516231.27    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Win Semiconductors Corp                                                         | Win Semiconductors Corp                                                         | CUSIP: 000000000<br>LEI: 529900G3R9LZ0M2UBM97 | Long             | EC               | CORP              | TW        |     25000 | NS      | $76202.51     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Glenmark Pharmaceuticals Ltd                                                    | Glenmark Pharmaceuticals Ltd                                                    | CUSIP: 000000000<br>LEI: 335800WKECZXIIT9GK20 | Long             | EC               | CORP              | IN        |      5251 | NS      | $115323.73    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenzhen Aisidi Co Ltd                                                          | Shenzhen Aisidi Co Ltd                                                          | CUSIP: 000000000<br>LEI: 300300NS13SV0ZT4GL27 | Long             | EC               | CORP              | CN        |     14200 | NS      | $24336.76     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Technology & Materials Co Ltd                                          | Advanced Technology & Materials Co Ltd                                          | CUSIP: 000000000<br>LEI: 300300C2CAB1RW288K63 | Long             | EC               | CORP              | CN        |     13900 | NS      | $26478.24     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Flat Glass Group Co Ltd                                                         | Flat Glass Group Co Ltd                                                         | CUSIP: 000000000<br>LEI: 300300BEL4RMXBKEA373 | Long             | EC               | CORP              | CN        |     15000 | NS      | $21896.83     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| LB Group Co Ltd                                                                 | LB Group Co Ltd                                                                 | CUSIP: 000000000<br>LEI: 3003006O3YJY5SGWGQ13 | Long             | EC               | CORP              | CN        |     11200 | NS      | $30617.90     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| JK Paper Ltd                                                                    | JK Paper Ltd                                                                    | CUSIP: 000000000<br>LEI: 335800JW9BQEHI6ASI59 | Long             | EC               | CORP              | IN        |     10798 | NS      | $47016.17     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Wanhua Chemical Group Co Ltd                                                    | Wanhua Chemical Group Co Ltd                                                    | CUSIP: 000000000<br>LEI: 3003002H0G2KDG6CR124 | Long             | EC               | CORP              | CN        |     14300 | NS      | $133750.18    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BFI Finance Indonesia Tbk PT                                                    | BFI Finance Indonesia Tbk PT                                                    | CUSIP: 000000000<br>LEI: 254900NOWNL3CGA4WS37 | Long             | EC               | CORP              | ID        |    108300 | NS      | $4971.47      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| United Orthopedic Corp                                                          | United Orthopedic Corp                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      7000 | NS      | $28249.89     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China Lilang Ltd                                                                | China Lilang Ltd                                                                | CUSIP: 000000000<br>LEI: 529900RGE4X7UQNW6Y22 | Long             | EC               | CORP              | KY        |     31000 | NS      | $14181.54     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Gujarat Ambuja Exports Ltd                                                      | Gujarat Ambuja Exports Ltd                                                      | CUSIP: 000000000<br>LEI: 335800M9TVMR5FIXZ129 | Long             | EC               | CORP              | IN        |      8766 | NS      | $10465.24     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Supalai PCL                                                                     | Supalai PCL                                                                     | CUSIP: 000000000<br>LEI: 9845000F0E39B2C16696 | Long             | EC               | CORP              | TH        |    115700 | NS      | $64981.95     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Kerry TJ Logistics Co Ltd                                                       | Kerry TJ Logistics Co Ltd                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      9000 | NS      | $10143.38     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Guangdong Provincial Expressway Development Co Ltd                              | Guangdong Provincial Expressway Development Co Ltd                              | CUSIP: 000000000<br>LEI: 300300LS51S7NDAV7J05 | Long             | EC               | CORP              | CN        |     12700 | NS      | $19428.81     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Shandong Hualu Hengsheng Chemical Co Ltd                                        | Shandong Hualu Hengsheng Chemical Co Ltd                                        | CUSIP: 000000000<br>LEI: 655600R2WZ4EKICFE373 | Long             | EC               | CORP              | CN        |     12310 | NS      | $46016.91     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BNK Financial Group Inc                                                         | BNK Financial Group Inc                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     15620 | NS      | $162428.85    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Marksans Pharma Ltd                                                             | Marksans Pharma Ltd                                                             | CUSIP: 000000000<br>LEI: 335800YXQPMPSAC51K30 | Long             | EC               | CORP              | IN        |      9432 | NS      | $17474.78     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Winbond Electronics Corp                                                        | Winbond Electronics Corp                                                        | CUSIP: 000000000<br>LEI: 254900STBMBTLA91J410 | Long             | EC               | CORP              | TW        |    222378 | NS      | $248440.54    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| LS Corp                                                                         | LS Corp                                                                         | CUSIP: 000000000<br>LEI: 988400SQWZ34LADYL505 | Long             | EC               | CORP              | KR        |       730 | NS      | $86889.28     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| IRCON International Ltd                                                         | IRCON International Ltd                                                         | CUSIP: 000000000<br>LEI: 335800MHXEWYPXT69Y41 | Long             | EC               | CORP              | IN        |     18858 | NS      | $36446.43     | 0.02%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Shandong Sun Paper Industry JSC Ltd                                             | Shandong Sun Paper Industry JSC Ltd                                             | CUSIP: 000000000<br>LEI: 3003003IDX6WN6H5CH12 | Long             | EC               | CORP              | CN        |     16800 | NS      | $33725.32     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Cyrela Brazil Realty SA Empreendimentos e Participacoes                         | Cyrela Brazil Realty SA Empreendimentos e Participacoes                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |     10774 | NS      | $62146.99     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| RITES Ltd                                                                       | RITES Ltd                                                                       | CUSIP: 000000000<br>LEI: 335800XHDR1JZPGIK772 | Long             | EC               | CORP              | IN        |      5510 | NS      | $15272.33     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Wipro Ltd                                                                       | Wipro Ltd                                                                       | CUSIP: 000000000<br>LEI: 335800IFS1IJHESG8362 | Long             | EC               | CORP              | IN        |    133330 | NS      | $358955.42    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Netmarble Corp                                                                  | Netmarble Corp                                                                  | CUSIP: 000000000<br>LEI: 988400T1LQCQT8H5EO27 | Long             | EC               | CORP              | KR        |      1270 | NS      | $55849.04     | 0.03%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Indofood Sukses Makmur Tbk PT                                                   | Indofood Sukses Makmur Tbk PT                                                   | CUSIP: 000000000<br>LEI: 529900E61EV2GTYWZ485 | Long             | EC               | CORP              | ID        |    407500 | NS      | $176668.92    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenzhen Hepalink Pharmaceutical Group Co Ltd                                   | Shenzhen Hepalink Pharmaceutical Group Co Ltd                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      5500 | NS      | $3887.20      | 0.00%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Damai Entertainment Holdings Ltd                                                | Damai Entertainment Holdings Ltd                                                | CUSIP: 000000000<br>LEI: 213800DWTSI7ACSGHN32 | Long             | EC               | CORP              | BM        |    430000 | NS      | $59124.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| HannStar Display Corp                                                           | HannStar Display Corp                                                           | CUSIP: 000000000<br>LEI: 2549008HA1JAXKHV8621 | Long             | EC               | CORP              | TW        |     35000 | NS      | $9359.21      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| National Aluminium Co Ltd                                                       | National Aluminium Co Ltd                                                       | CUSIP: 000000000<br>LEI: 335800OM1V78CX7SSC72 | Long             | EC               | CORP              | IN        |     58254 | NS      | $140699.92    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Uni-President Enterprises Corp                                                  | Uni-President Enterprises Corp                                                  | CUSIP: 000000000<br>LEI: 254900DAXBDMVEXU5959 | Long             | EC               | CORP              | TW        |    284000 | NS      | $730546.62    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Beijing SL Pharmaceutical Co Ltd                                                | Beijing SL Pharmaceutical Co Ltd                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      8900 | NS      | $9001.96      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Radiant Opto-Electronics Corp                                                   | Radiant Opto-Electronics Corp                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     27000 | NS      | $127124.48    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| AGI Greenpac Ltd                                                                | AGI Greenpac Ltd                                                                | CUSIP: 000000000<br>LEI: 335800KWI6N6L28H2G76 | Long             | EC               | CORP              | IN        |      2388 | NS      | $22659.29     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Industrial Bank of Korea                                                        | Industrial Bank of Korea                                                        | CUSIP: 000000000<br>LEI: 988400RBIWE3YA18PK12 | Long             | EC               | CORP              | KR        |     19140 | NS      | $265467.66    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| JBS NV                                                                          | JBS NV                                                                          | CUSIP: 000000000<br>LEI: 254900JSFON4WL81TW77 | Long             | EC               | CORP              | NL        |      1446 | NS      | $21623.78     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Makalot Industrial Co Ltd                                                       | Makalot Industrial Co Ltd                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      9000 | NS      | $85635.54     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| KNR Constructions Ltd                                                           | KNR Constructions Ltd                                                           | CUSIP: 000000000<br>LEI: 3358004O6OFQEVQY3542 | Long             | EC               | CORP              | IN        |     11124 | NS      | $24869.30     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bandhan Bank Ltd                                                                | Bandhan Bank Ltd                                                                | CUSIP: 000000000<br>LEI: 335800Q13QAC32IOCH33 | Long             | EC               | CORP              | IN        |     54816 | NS      | $100200.05    | 0.05%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Autohome Inc                                                                    | Autohome Inc                                                                    | CUSIP: 05278C107<br>LEI: 529900NYB6ZGZN3MVT56 | Long             | EC               | CORP              | KY        |       583 | NS      | $16644.65     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Gamania Digital Entertainment Co Ltd                                            | Gamania Digital Entertainment Co Ltd                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     13000 | NS      | $26146.73     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Repco Home Finance Ltd                                                          | Repco Home Finance Ltd                                                          | CUSIP: 000000000<br>LEI: 335800M7AQBAQYVHEW38 | Long             | EC               | CORP              | IN        |      1643 | NS      | $6686.64      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Fitipower Integrated Technology Inc                                             | Fitipower Integrated Technology Inc                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      5600 | NS      | $31419.38     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| JB Financial Group Co Ltd                                                       | JB Financial Group Co Ltd                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      5577 | NS      | $91224.23     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Yea Shin International Development Co Ltd                                       | Yea Shin International Development Co Ltd                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      1065 | NS      | $891.05       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Tata Motors Ltd                                                                 | Tata Motors Ltd                                                                 | CUSIP: 000000000<br>LEI: 335800BO2LHWJJ8TZI32 | Long             | EC               | CORP              | IN        |    131488 | NS      | $1010793.98   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| GHCL Textiles Ltd                                                               | GHCL Textiles Ltd                                                               | CUSIP: 000000000<br>LEI: 335800YDGSQMTWPVY192 | Long             | EC               | CORP              | IN        |      5527 | NS      | $4765.15      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Superalloy Industrial Co Ltd                                                    | Superalloy Industrial Co Ltd                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     12000 | NS      | $19017.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Formosa Chemicals & Fibre Corp                                                  | Formosa Chemicals & Fibre Corp                                                  | CUSIP: 000000000<br>LEI: 254900OJX8UZOAIVSU82 | Long             | EC               | CORP              | TW        |    176000 | NS      | $171796.05    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Mahindra & Mahindra Ltd                                                         | Mahindra & Mahindra Ltd                                                         | CUSIP: 000000000<br>LEI: 3358003B573EV4KB4Z02 | Long             | EC               | CORP              | IN        |     37348 | NS      | $1444894.54   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| CNOOC Energy Technology & Services Ltd                                          | CNOOC Energy Technology & Services Ltd                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     62100 | NS      | $33499.43     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Oriental Holdings BHD                                                           | Oriental Holdings BHD                                                           | CUSIP: 000000000<br>LEI: 549300WBMDZXMUQT2I82 | Long             | EC               | CORP              | MY        |     25760 | NS      | $41989.69     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Ajmera Realty & Infra India Ltd                                                 | Ajmera Realty & Infra India Ltd                                                 | CUSIP: 000000000<br>LEI: 33580052DV5RIFV7K311 | Long             | EC               | CORP              | IN        |      2596 | NS      | $29091.75     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hengli Petrochemical Co Ltd                                                     | Hengli Petrochemical Co Ltd                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     35500 | NS      | $85477.88     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Surface Mounting Technology Corp                                         | Taiwan Surface Mounting Technology Corp                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     21518 | NS      | $73778.82     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Comba Telecom Systems Holdings Ltd                                              | Comba Telecom Systems Holdings Ltd                                              | CUSIP: 000000000<br>LEI: 529900Z4PFOQAUTC3X77 | Long             | EC               | CORP              | KY        |     88000 | NS      | $35960.14     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Dayang Enterprise Holdings Bhd                                                  | Dayang Enterprise Holdings Bhd                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     27900 | NS      | $10607.10     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Jinmao Property Services Co Ltd                                                 | Jinmao Property Services Co Ltd                                                 | CUSIP: 000000000<br>LEI: 5493003Y2NRQS7M5RH35 | Long             | EC               | CORP              | HK        |      6646 | NS      | $2493.76      | 0.00%             |  |  |  | Yes           |                  1 | On Loan: No      |
| AECC Aero-Engine Control Co Ltd                                                 | AECC Aero-Engine Control Co Ltd                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      7100 | NS      | $20047.90     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| HAP Seng Consolidated Bhd                                                       | HAP Seng Consolidated Bhd                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     14800 | NS      | $9776.40      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CSG Holding Co Ltd                                                              | CSG Holding Co Ltd                                                              | CUSIP: 000000000<br>LEI: 300300ER02X2M47OE155 | Long             | EC               | CORP              | CN        |     19500 | NS      | $12683.24     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Puregold Price Club Inc                                                         | Puregold Price Club Inc                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | PH        |     86900 | NS      | $62711.34     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Pingdingshan Tianan Coal Mining Co Ltd                                          | Pingdingshan Tianan Coal Mining Co Ltd                                          | CUSIP: 000000000<br>LEI: 3003003BTKNO2P0KDH38 | Long             | EC               | CORP              | CN        |     15900 | NS      | $17601.02     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MBSB Bhd                                                                        | MBSB Bhd                                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |    205001 | NS      | $35802.72     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Digitide Solutions Ltd                                                          | Digitide Solutions Ltd                                                          | CUSIP: 000000000<br>LEI: 33580021ZU35YFCVXP79 | Long             | EC               | CORP              | IN        |      3874 | NS      | $6939.61      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sime Darby Property Bhd                                                         | Sime Darby Property Bhd                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |    308000 | NS      | $107582.27    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Aarti Pharmalabs Ltd                                                            | Aarti Pharmalabs Ltd                                                            | CUSIP: 000000000<br>LEI: 335800TTAKRBNDK5P363 | Long             | EC               | CORP              | IN        |      2707 | NS      | $25396.58     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CGN New Energy Holdings Co Ltd                                                  | CGN New Energy Holdings Co Ltd                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |    130000 | NS      | $49447.76     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinetic Development Group Ltd                                                   | Kinetic Development Group Ltd                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |    104000 | NS      | $17507.18     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| China Galaxy Securities Co Ltd                                                  | China Galaxy Securities Co Ltd                                                  | CUSIP: 000000000<br>LEI: 3003008KFQXO06OK8582 | Long             | EC               | CORP              | CN        |     96500 | NS      | $146821.81    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenwan Hongyuan Group Co Ltd                                                   | Shenwan Hongyuan Group Co Ltd                                                   | CUSIP: 000000000<br>LEI: 300300I0GB4QPIGPS572 | Long             | EC               | CORP              | CN        |     43200 | NS      | $19929.20     | 0.01%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Hyundai Marine & Fire Insurance Co Ltd                                          | Hyundai Marine & Fire Insurance Co Ltd                                          | CUSIP: 000000000<br>LEI: 988400SYR92543UITC37 | Long             | EC               | CORP              | KR        |      3214 | NS      | $64483.87     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Wanxiang Qianchao Co Ltd                                                        | Wanxiang Qianchao Co Ltd                                                        | CUSIP: 000000000<br>LEI: 300300WMILSKZLS04K91 | Long             | EC               | CORP              | CN        |     19900 | NS      | $35391.69     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| HELLENiQ ENERGY Holdings S.A.                                                   | HELLENiQ ENERGY Holdings S.A.                                                   | CUSIP: 000000000<br>LEI: 213800YUBJMZYR1SNG35 | Long             | EC               | CORP              | GR        |      9060 | NS      | $89669.06     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Shan Xi Hua Yang Group New Energy Co Ltd                                        | Shan Xi Hua Yang Group New Energy Co Ltd                                        | CUSIP: 000000000<br>LEI: 300300L5SFN6WQCTM144 | Long             | EC               | CORP              | CN        |     32400 | NS      | $33544.94     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Northeast Securities Co Ltd                                                     | Northeast Securities Co Ltd                                                     | CUSIP: 000000000<br>LEI: 300300E1002922000054 | Long             | EC               | CORP              | CN        |      8500 | NS      | $10352.68     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Raizen SA                                                                       | Raizen SA                                                                       | CUSIP: 000000000<br>LEI: 5493000WQL3QP7QXX484 | Long             | EP               | CORP              | BR        |     74020 | NS      | $14185.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Q Technology Group Co Ltd                                                       | Q Technology Group Co Ltd                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     27000 | NS      | $58184.65     | 0.03%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Jio Financial Services Ltd                                                      | Jio Financial Services Ltd                                                      | CUSIP: 000000000<br>LEI: 3358003O268Q1OGBQR42 | Long             | EC               | CORP              | IN        |    176909 | NS      | $585786.44    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Amara Raja Energy & Mobility Ltd                                                | Amara Raja Energy & Mobility Ltd                                                | CUSIP: 000000000<br>LEI: 335800PV7RRC72PLCG19 | Long             | EC               | CORP              | IN        |     10842 | NS      | $121017.18    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Shinhan Financial Group Co Ltd                                                  | Shinhan Financial Group Co Ltd                                                  | CUSIP: 824596100<br>LEI: 988400EB8A6G49E5KO54 | Long             | EC               | CORP              | KR        |      3628 | NS      | $182742.36    | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| ACC Ltd                                                                         | ACC Ltd                                                                         | CUSIP: 000000000<br>LEI: 335800569A6H12LH4677 | Long             | EC               | CORP              | IN        |      5493 | NS      | $113121.88    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| China Great Wall Securities Co Ltd                                              | China Great Wall Securities Co Ltd                                              | CUSIP: 000000000<br>LEI: 300300E1006344000004 | Long             | EC               | CORP              | CN        |      8500 | NS      | $13863.27     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hong Leong Financial Group Bhd                                                  | Hong Leong Financial Group Bhd                                                  | CUSIP: 000000000<br>LEI: 549300EGI40XD5GGWS62 | Long             | EC               | CORP              | MY        |     17621 | NS      | $72100.18     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Gazprom PJSC                                                                    | Gazprom PJSC                                                                    | CUSIP: 000000000<br>LEI: 213800FD9J2IHTA7YX78 | Long             | EC               | CORP              | RU        |    162760 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| China South Publishing & Media Group Co Ltd                                     | China South Publishing & Media Group Co Ltd                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     11600 | NS      | $20011.10     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GS Holdings Corp                                                                | GS Holdings Corp                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      3044 | NS      | $99691.24     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Formosa Advanced Technologies Co Ltd                                            | Formosa Advanced Technologies Co Ltd                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     20000 | NS      | $20834.70     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GDS Holdings Ltd                                                                | GDS Holdings Ltd                                                                | CUSIP: 000000000<br>LEI: 391200MGV8DDCHTN2R77 | Long             | EC               | CORP              | KY        |      5500 | NS      | $28327.09     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Syncmold Enterprise Corp                                                        | Syncmold Enterprise Corp                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      5000 | NS      | $11450.88     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kiatnakin Phatra Bank PCL                                                       | Kiatnakin Phatra Bank PCL                                                       | CUSIP: 000000000<br>LEI: 254900UPQE3MNOEDXK30 | Long             | EC               | CORP              | TH        |     21900 | NS      | $39704.52     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Metallurgical Corp of China Ltd                                                 | Metallurgical Corp of China Ltd                                                 | CUSIP: 000000000<br>LEI: 3003002HS6H57JTIFW38 | Long             | EC               | CORP              | CN        |    225000 | NS      | $78354.40     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Inner Mongolia Dian Tou Energy Corp Ltd                                         | Inner Mongolia Dian Tou Energy Corp Ltd                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     12000 | NS      | $38047.61     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Yantai Jereh Oilfield Services Group Co Ltd                                     | Yantai Jereh Oilfield Services Group Co Ltd                                     | CUSIP: 000000000<br>LEI: 300300QPHWK638H2EU20 | Long             | EC               | CORP              | CN        |      7300 | NS      | $57120.58     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Dimerco Express Corp                                                            | Dimerco Express Corp                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      8000 | NS      | $20815.01     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| LG Electronics Inc                                                              | LG Electronics Inc                                                              | CUSIP: 000000000<br>LEI: 988400RMQFTGZIOG0609 | Long             | EC               | CORP              | KR        |      8307 | NS      | $447602.87    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| China Conch Venture Holdings Ltd                                                | China Conch Venture Holdings Ltd                                                | CUSIP: 000000000<br>LEI: 836800AA0Q4R3O6ZDB17 | Long             | EC               | CORP              | KY        |     61500 | NS      | $86694.85     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Sakura Development Co Ltd                                                       | Sakura Development Co Ltd                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      8400 | NS      | $13380.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum China Holdings Inc                                                          | Yum China Holdings Inc                                                          | CUSIP: 98850P109<br>LEI: 529900DO9BYZ7VA3K502 | Long             | EC               | CORP              | US        |      2126 | NS      | $91247.92     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| LX Semicon Co Ltd                                                               | LX Semicon Co Ltd                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       567 | NS      | $22024.52     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Abu Dhabi Commercial Bank PJSC                                                  | Abu Dhabi Commercial Bank PJSC                                                  | CUSIP: 000000000<br>LEI: 213800RWVKKIRX1AUH58 | Long             | EC               | CORP              | AE        |     64771 | NS      | $257105.45    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| FIT Holding Co Ltd                                                              | FIT Holding Co Ltd                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      9000 | NS      | $10379.62     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Mutual Ltd                                                                  | Old Mutual Ltd                                                                  | CUSIP: 000000000<br>LEI: 213800MON84ZWWPQCN47 | Long             | EC               | CORP              | ZA        |    382492 | NS      | $295672.74    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Sri Trang Gloves Thailand PCL                                                   | Sri Trang Gloves Thailand PCL                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |     50900 | NS      | $11466.44     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kalpataru Projects International Ltd                                            | Kalpataru Projects International Ltd                                            | CUSIP: 000000000<br>LEI: 3358005ZIDG7MGP6TY07 | Long             | EC               | CORP              | IN        |      7183 | NS      | $101367.56    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Petkim Petrokimya Holding AS                                                    | Petkim Petrokimya Holding AS                                                    | CUSIP: 000000000<br>LEI: 529900XZCVZOEYWNBQ67 | Long             | EC               | CORP              | TR        |     66430 | NS      | $28903.28     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| DCM Shriram Ltd                                                                 | DCM Shriram Ltd                                                                 | CUSIP: 000000000<br>LEI: 335800SU1CJ59TE5RJ45 | Long             | EC               | CORP              | IN        |      2904 | NS      | $37629.23     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| PTT Exploration & Production PCL                                                | PTT Exploration & Production PCL                                                | CUSIP: 000000000<br>LEI: 2549001O8YYGP5N7Q076 | Long             | EC               | CORP              | TH        |     46400 | NS      | $164665.95    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Argos SA/Colombia                                                         | Grupo Argos SA/Colombia                                                         | CUSIP: 000000000<br>LEI: 254900HANAO95XIAE681 | Long             | EP               | CORP              | CO        |      3541 | NS      | $10386.92     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sansiri PCL                                                                     | Sansiri PCL                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |   1106700 | NS      | $49862.12     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Dexco SA                                                                        | Dexco SA                                                                        | CUSIP: 000000000<br>LEI: 8945004WLNADCQEEFF38 | Long             | EC               | CORP              | BR        |     34954 | NS      | $38091.63     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| China Resources Medical Holdings Co Ltd                                         | China Resources Medical Holdings Co Ltd                                         | CUSIP: 000000000<br>LEI: 529900M3NPCL2RKPWJ72 | Long             | EC               | CORP              | KY        |     71500 | NS      | $32249.63     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Tong Ren Tang Technologies Co Ltd                                               | Tong Ren Tang Technologies Co Ltd                                               | CUSIP: 000000000<br>LEI: 300300669R6K7U9JKE85 | Long             | EC               | CORP              | CN        |     41000 | NS      | $25078.55     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Alamtri Resources Indonesia Tbk PT                                              | Alamtri Resources Indonesia Tbk PT                                              | CUSIP: 000000000<br>LEI: 529900P2WAH7XA87OI24 | Long             | EC               | CORP              | ID        |   1607200 | NS      | $162986.38    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Eureka Forbes Ltd                                                               | Eureka Forbes Ltd                                                               | CUSIP: 000000000<br>LEI: 335800EIJBYPQRSF4936 | Long             | EC               | CORP              | IN        |      1532 | NS      | $9802.25      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Wasion Holdings Ltd                                                             | Wasion Holdings Ltd                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     48000 | NS      | $78211.76     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| JD.com Inc                                                                      | JD.com Inc                                                                      | CUSIP: 000000000<br>LEI: 549300HVTWB0GJZ16V92 | Long             | EC               | CORP              | KY        |    149800 | NS      | $2666079.84   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Escorts Kubota Ltd                                                              | Escorts Kubota Ltd                                                              | CUSIP: 000000000<br>LEI: 335800FPEJC7WFBUBF07 | Long             | EC               | CORP              | IN        |       785 | NS      | $30413.76     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China XLX Fertiliser Ltd                                                        | China XLX Fertiliser Ltd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |     44000 | NS      | $44837.09     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Yageo Corp                                                                      | Yageo Corp                                                                      | CUSIP: 000000000<br>LEI: 5493001P0TOZH7GGNQ21 | Long             | EC               | CORP              | TW        |    119800 | NS      | $668219.70    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Qinhuangdao Port Co Ltd                                                         | Qinhuangdao Port Co Ltd                                                         | CUSIP: 000000000<br>LEI: 300300L1ZLL78IWY7911 | Long             | EC               | CORP              | CN        |     43000 | NS      | $15526.96     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Merry Electronics Co Ltd                                                        | Merry Electronics Co Ltd                                                        | CUSIP: 000000000<br>LEI: 254900TUK5GIZWBLM571 | Long             | EC               | CORP              | TW        |     15226 | NS      | $50706.71     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Rashtriya Chemicals & Fertilizers Ltd                                           | Rashtriya Chemicals & Fertilizers Ltd                                           | CUSIP: 000000000<br>LEI: 335800HGCBDTFT4VGO94 | Long             | EC               | CORP              | IN        |     16695 | NS      | $27386.65     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Beijing Co Ltd                                                          | Bank of Beijing Co Ltd                                                          | CUSIP: 000000000<br>LEI: 300300C1080211000042 | Long             | EC               | CORP              | CN        |     98400 | NS      | $76166.02     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Fomento Economico Mexicano SAB de CV                                            | Fomento Economico Mexicano SAB de CV                                            | CUSIP: 000000000<br>LEI: 549300A8MDWDJNMLV153 | Long             | EC               | CORP              | MX        |     19101 | NS      | $188209.54    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| BYD Electronic International Co Ltd                                             | BYD Electronic International Co Ltd                                             | CUSIP: 000000000<br>LEI: 5299001O3LAFGRPZ3Y63 | Long             | EC               | CORP              | HK        |      3500 | NS      | $18593.03     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| ASROCK Inc                                                                      | ASROCK Inc                                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      2000 | NS      | $18341.10     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Horizon Construction Development Ltd                                            | Horizon Construction Development Ltd                                            | CUSIP: 000000000<br>LEI: 254900C71ZQV8ANSM648 | Long             | EC               | CORP              | KY        |    115553 | NS      | $18412.57     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CIMB Group Holdings Bhd                                                         | CIMB Group Holdings Bhd                                                         | CUSIP: 000000000<br>LEI: 549300FYDN5UD7USZW18 | Long             | EC               | CORP              | MY        |    131573 | NS      | $229475.07    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Shanxi Lanhua Sci-Tech Venture Co Ltd                                           | Shanxi Lanhua Sci-Tech Venture Co Ltd                                           | CUSIP: 000000000<br>LEI: 300300Y025CAQQ87AB33 | Long             | EC               | CORP              | CN        |     16700 | NS      | $15389.87     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Li Ning Co Ltd                                                                  | Li Ning Co Ltd                                                                  | CUSIP: 000000000<br>LEI: 529900T77L2FV3FZ3U81 | Long             | EC               | CORP              | KY        |    157500 | NS      | $357018.49    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Edom Technology Co Ltd                                                          | Edom Technology Co Ltd                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     10000 | NS      | $13206.25     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bhansali Engineering Polymers Ltd                                               | Bhansali Engineering Polymers Ltd                                               | CUSIP: 000000000<br>LEI: 335800KIZRJ9EOLWXE51 | Long             | EC               | CORP              | IN        |      5648 | NS      | $6482.03      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Leyard Optoelectronic Co Ltd                                                    | Leyard Optoelectronic Co Ltd                                                    | CUSIP: 000000000<br>LEI: 300300TZ3EYOENTWR527 | Long             | EC               | CORP              | CN        |     20300 | NS      | $20618.11     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ciputra Development Tbk PT                                                      | Ciputra Development Tbk PT                                                      | CUSIP: 000000000<br>LEI: 2549000JMJUYB9U5Y204 | Long             | EC               | CORP              | ID        |    924577 | NS      | $51596.56     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Axis Bank Ltd                                                                   | Axis Bank Ltd                                                                   | CUSIP: 05462W109<br>LEI: 549300HVNWMJPOFVNI41 | Long             | EC               | CORP              | IN        |     12180 | NS      | $779520.00    | 0.37%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Far Eastern New Century Corp                                                    | Far Eastern New Century Corp                                                    | CUSIP: 000000000<br>LEI: 254900CDLU5OS06M6K24 | Long             | EC               | CORP              | TW        |    199338 | NS      | $181822.84    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Micro-Star International Co Ltd                                                 | Micro-Star International Co Ltd                                                 | CUSIP: 000000000<br>LEI: 254900F4E0BDGJSSD870 | Long             | EC               | CORP              | TW        |     42000 | NS      | $159853.01    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Bangkok Bank PCL                                                                | Bangkok Bank PCL                                                                | CUSIP: 000000000<br>LEI: 549300CCL2BKJGMYXV60 | Long             | EC               | CORP              | TH        |     56300 | NS      | $258870.54    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| China CITIC Bank Corp Ltd                                                       | China CITIC Bank Corp Ltd                                                       | CUSIP: 000000000<br>LEI: 300300C1030211000384 | Long             | EC               | CORP              | CN        |    434000 | NS      | $373101.86    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS                               | Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS                               | CUSIP: 000000000<br>LEI: 789000HKISRM8ZEH0128 | Long             | EC               | CORP              | TR        |     72396 | NS      | $49451.24     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Holding Co Ltd                                                  | First Financial Holding Co Ltd                                                  | CUSIP: 000000000<br>LEI: 529900BC1U046Q2GUZ64 | Long             | EC               | CORP              | TW        |    610444 | NS      | $597865.79    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Hy-Lok Corp                                                                     | Hy-Lok Corp                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       918 | NS      | $22671.11     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sungwoo Hitech Co Ltd                                                           | Sungwoo Hitech Co Ltd                                                           | CUSIP: 000000000<br>LEI: 988400G1SM42IYEHS059 | Long             | EC               | CORP              | KR        |      3959 | NS      | $15434.75     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of India                                                                   | Bank of India                                                                   | CUSIP: 000000000<br>LEI: 21380058KMSRJIL8C294 | Long             | EC               | CORP              | IN        |     34110 | NS      | $47529.55     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Ningbo Joyson Electronic Corp                                                   | Ningbo Joyson Electronic Corp                                                   | CUSIP: 000000000<br>LEI: 300300XPY07RUN7V4863 | Long             | EC               | CORP              | CN        |      5200 | NS      | $25435.87     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Trip.com Group Ltd                                                              | Trip.com Group Ltd                                                              | CUSIP: 000000000<br>LEI: 2549004RMYDSRQL4KW41 | Long             | EC               | CORP              | KY        |      4250 | NS      | $325496.82    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Manappuram Finance Ltd                                                          | Manappuram Finance Ltd                                                          | CUSIP: 000000000<br>LEI: 335800JL5WTUSKOSPN77 | Long             | EC               | CORP              | IN        |     42964 | NS      | $136602.18    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| China Railway Hi-tech Industry Co Ltd                                           | China Railway Hi-tech Industry Co Ltd                                           | CUSIP: 000000000<br>LEI: 3003002UYDC04RSF5385 | Long             | EC               | CORP              | CN        |     10600 | NS      | $12329.65     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kolon Industries Inc                                                            | Kolon Industries Inc                                                            | CUSIP: 000000000<br>LEI: 988400LHRPRCSKXOAF72 | Long             | EC               | CORP              | KR        |      1930 | NS      | $46769.54     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Chang Hwa Commercial Bank Ltd                                                   | Chang Hwa Commercial Bank Ltd                                                   | CUSIP: 000000000<br>LEI: 549300FHFNGCSKDTHT42 | Long             | EC               | CORP              | TW        |    332606 | NS      | $214440.18    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Wipro Ltd                                                                       | Wipro Ltd                                                                       | CUSIP: 97651M109<br>LEI: 335800IFS1IJHESG8362 | Long             | EC               | CORP              | IN        |     29490 | NS      | $77558.70     | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Nedbank Group Ltd                                                               | Nedbank Group Ltd                                                               | CUSIP: 000000000<br>LEI: 3789009E42FA3CB31065 | Long             | EC               | CORP              | ZA        |     27090 | NS      | $334899.54    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Asset World Corp PCL                                                            | Asset World Corp PCL                                                            | CUSIP: 000000000<br>LEI: 254900XSMJFSHBJPK132 | Long             | EC               | CORP              | TH        |    202400 | NS      | $18737.85     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Finolex Industries Ltd                                                          | Finolex Industries Ltd                                                          | CUSIP: 000000000<br>LEI: 335800DLFD2ERNKIDE17 | Long             | EC               | CORP              | IN        |     15431 | NS      | $34845.81     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Mega Financial Holding Co Ltd                                                   | Mega Financial Holding Co Ltd                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    324287 | NS      | $452201.51    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| BKI Holdings PCL                                                                | BKI Holdings PCL                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |      2100 | NS      | $19765.47     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Art Retail Group Ltd                                                        | Sun Art Retail Group Ltd                                                        | CUSIP: 000000000<br>LEI: 3003009IMRZ363PQCP28 | Long             | EC               | CORP              | HK        |    172500 | NS      | $41451.69     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Triveni Engineering & Industries Ltd                                            | Triveni Engineering & Industries Ltd                                            | CUSIP: 000000000<br>LEI: 335800FKS9LS8OYORP03 | Long             | EC               | CORP              | IN        |      4797 | NS      | $18026.15     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ennostar Inc                                                                    | Ennostar Inc                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     44414 | NS      | $57196.98     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Shinsegae Inc                                                                   | Shinsegae Inc                                                                   | CUSIP: 000000000<br>LEI: 9884005BGBN4CVNXZ186 | Long             | EC               | CORP              | KR        |       629 | NS      | $83878.62     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Dian Diagnostics Group Co Ltd                                                   | Dian Diagnostics Group Co Ltd                                                   | CUSIP: 000000000<br>LEI: 3003006MMJLCVIIKTA82 | Long             | EC               | CORP              | CN        |      4800 | NS      | $11045.10     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| First Abu Dhabi Bank PJSC                                                       | First Abu Dhabi Bank PJSC                                                       | CUSIP: 000000000<br>LEI: 2138002Y3WMK6RZS8H90 | Long             | EC               | CORP              | AE        |     53799 | NS      | $229078.38    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Malayan Cement Bhd                                                              | Malayan Cement Bhd                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     14900 | NS      | $24889.39     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Beijing GeoEnviron Engineering & Technology Inc                                 | Beijing GeoEnviron Engineering & Technology Inc                                 | CUSIP: 000000000<br>LEI: 3003004ZN1FYUS6UW730 | Long             | EC               | CORP              | CN        |     11232 | NS      | $11297.56     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Minth Group Ltd                                                                 | Minth Group Ltd                                                                 | CUSIP: 000000000<br>LEI: 254900B2AH0G13K9G204 | Long             | EC               | CORP              | KY        |     56000 | NS      | $243373.45    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Shinkong Synthetic Fibers Corp                                                  | Shinkong Synthetic Fibers Corp                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    108151 | NS      | $50211.19     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanwha Solutions Corp                                                           | Hanwha Solutions Corp                                                           | CUSIP: 000000000<br>LEI: 549300M2V0ZS71BRNR68 | Long             | EC               | CORP              | KR        |      6070 | NS      | $123515.56    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Chongqing Department Store Co Ltd                                               | Chongqing Department Store Co Ltd                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      2400 | NS      | $8951.39      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Erajaya Swasembada Tbk PT                                                       | Erajaya Swasembada Tbk PT                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |   1042500 | NS      | $27024.30     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| DL Holdings Co Ltd                                                              | DL Holdings Co Ltd                                                              | CUSIP: 000000000<br>LEI: 988400LJMYZ3ZOXJVE47 | Long             | EC               | CORP              | KR        |      1071 | NS      | $26831.30     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Pou Chen Corp                                                                   | Pou Chen Corp                                                                   | CUSIP: 000000000<br>LEI: 25490027LIXQ7W4PBH18 | Long             | EC               | CORP              | TW        |    137133 | NS      | $129807.96    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Largan Precision Co Ltd                                                         | Largan Precision Co Ltd                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      7000 | NS      | $539733.58    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| LG Corp                                                                         | LG Corp                                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      4087 | NS      | $209731.66    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| China TransInfo Technology Co Ltd                                               | China TransInfo Technology Co Ltd                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      6900 | NS      | $11166.48     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank BTPN Syariah Tbk PT                                                        | Bank BTPN Syariah Tbk PT                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |    251900 | NS      | $20405.94     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanyang Motor Co Ltd                                                            | Sanyang Motor Co Ltd                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     41573 | NS      | $84842.86     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CMOC Group Ltd                                                                  | CMOC Group Ltd                                                                  | CUSIP: 000000000<br>LEI: 2549008KG3638J59U652 | Long             | EC               | CORP              | CN        |     87000 | NS      | $175409.76    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Tube Investments of India Ltd                                                   | Tube Investments of India Ltd                                                   | CUSIP: 000000000<br>LEI: 335800Z8CKZ11SGVKE64 | Long             | EC               | CORP              | IN        |       320 | NS      | $11211.51     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Rongsheng Petrochemical Co Ltd                                                  | Rongsheng Petrochemical Co Ltd                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     43309 | NS      | $58711.07     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Maharashtra Seamless Ltd                                                        | Maharashtra Seamless Ltd                                                        | CUSIP: 000000000<br>LEI: 3358005CN9WUZJFMHV66 | Long             | EC               | CORP              | IN        |      3116 | NS      | $21047.95     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Vnet Group Inc                                                                  | Vnet Group Inc                                                                  | CUSIP: 90138A103<br>LEI: 529900672GYJQ3T38I58 | Long             | EC               | CORP              | KY        |      3580 | NS      | $36981.40     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Cia Sud Americana de Vapores SA                                                 | Cia Sud Americana de Vapores SA                                                 | CUSIP: 000000000<br>LEI: 549300F26ZOE5LM26551 | Long             | EC               | CORP              | CL        |    595154 | NS      | $31137.21     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SS INST US GOV MM ADMIN SALXX                                                   | SS INST US GOV MM ADMIN SALXX                                                   | CUSIP: 000000000<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |    398835 | NS      | $398835.08    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| BES Engineering Corp                                                            | BES Engineering Corp                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     91000 | NS      | $31649.06     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Intco Medical Technology Co Ltd                                                 | Intco Medical Technology Co Ltd                                                 | CUSIP: 000000000<br>LEI: 549300U6H4L6SSU31U28 | Long             | EC               | CORP              | CN        |      5700 | NS      | $29419.04     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| FocalTech Systems Co Ltd                                                        | FocalTech Systems Co Ltd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      8000 | NS      | $17481.46     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Negara Indonesia Persero Tbk PT                                            | Bank Negara Indonesia Persero Tbk PT                                            | CUSIP: 000000000<br>LEI: 549300HZ8J3MLVXQ8F85 | Long             | EC               | CORP              | ID        |   1037332 | NS      | $255209.19    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Chow Tai Seng Jewellery Co Ltd                                                  | Chow Tai Seng Jewellery Co Ltd                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     12900 | NS      | $24464.60     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Prakash Industries Ltd                                                          | Prakash Industries Ltd                                                          | CUSIP: 000000000<br>LEI: 335800AJ8RIOQC6DLM11 | Long             | EC               | CORP              | IN        |      4621 | NS      | $8540.57      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Transport Corp of India Ltd                                                     | Transport Corp of India Ltd                                                     | CUSIP: 000000000<br>LEI: 3358002IVSDZYKSWCL91 | Long             | EC               | CORP              | IN        |      1896 | NS      | $25229.82     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hangzhou Robam Appliances Co Ltd                                                | Hangzhou Robam Appliances Co Ltd                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      2900 | NS      | $7773.04      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| IEI Integration Corp                                                            | IEI Integration Corp                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      8000 | NS      | $17428.97     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Hon Chuan Enterprise Co Ltd                                              | Taiwan Hon Chuan Enterprise Co Ltd                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     26612 | NS      | $111327.19    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Shandong Buchang Pharmaceuticals Co Ltd                                         | Shandong Buchang Pharmaceuticals Co Ltd                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      9200 | NS      | $23353.96     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Fangda Carbon New Material Co Ltd                                               | Fangda Carbon New Material Co Ltd                                               | CUSIP: 000000000<br>LEI: 300300O5JPB0SVAI9Q63 | Long             | EC               | CORP              | CN        |     15700 | NS      | $11512.90     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sino-American Silicon Products Inc                                              | Sino-American Silicon Products Inc                                              | CUSIP: 000000000<br>LEI: 529900DMZ4STK7NEXO95 | Long             | EC               | CORP              | TW        |     33000 | NS      | $125598.79    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhejiang Medicine Co Ltd                                                        | Zhejiang Medicine Co Ltd                                                        | CUSIP: 000000000<br>LEI: 300300D78ZCY72AGVG73 | Long             | EC               | CORP              | CN        |     10400 | NS      | $20702.26     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GS Retail Co Ltd                                                                | GS Retail Co Ltd                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      3073 | NS      | $36467.30     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Tangshan Sanyou Chemical Industries Co Ltd                                      | Tangshan Sanyou Chemical Industries Co Ltd                                      | CUSIP: 000000000<br>LEI: 30030042SD0270S8WB53 | Long             | EC               | CORP              | CN        |     11600 | NS      | $9174.47      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| National Fertilizers Ltd                                                        | National Fertilizers Ltd                                                        | CUSIP: 000000000<br>LEI: 335800OEXKL8QB5X4R37 | Long             | EC               | CORP              | IN        |      6160 | NS      | $6386.95      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Pembangunan Daerah Jawa Timur Tbk PT                                       | Bank Pembangunan Daerah Jawa Timur Tbk PT                                       | CUSIP: 000000000<br>LEI: 529900DGM06AC0584V78 | Long             | EC               | CORP              | ID        |    403000 | NS      | $12333.03     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| I-Sheng Electric Wire & Cable Co Ltd                                            | I-Sheng Electric Wire & Cable Co Ltd                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      9000 | NS      | $14100.33     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Gudeng Precision Industrial Co Ltd                                              | Gudeng Precision Industrial Co Ltd                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      1000 | NS      | $11303.24     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Eregli Demir ve Celik Fabrikalari TAS                                           | Eregli Demir ve Celik Fabrikalari TAS                                           | CUSIP: 000000000<br>LEI: 789000VYQF5IDGG49908 | Long             | EC               | CORP              | TR        |    123498 | NS      | $87327.59     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| PetroChina Co Ltd                                                               | PetroChina Co Ltd                                                               | CUSIP: 000000000<br>LEI: 529900RPY4YG47TRSV05 | Long             | EC               | CORP              | CN        |   1710000 | NS      | $1555754.02   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| REC Ltd                                                                         | REC Ltd                                                                         | CUSIP: 000000000<br>LEI: 335800B4YRYWAMIJZ374 | Long             | EC               | CORP              | IN        |    124810 | NS      | $522778.38    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Tupy SA                                                                         | Tupy SA                                                                         | CUSIP: 000000000<br>LEI: 254900YH8MOZMIBO3R79 | Long             | EC               | CORP              | BR        |      3847 | NS      | $9432.73      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Petroleo Brasileiro SA - Petrobras                                              | Petroleo Brasileiro SA - Petrobras                                              | CUSIP: 000000000<br>LEI: 5493000J801JZRCMFE49 | Long             | EC               | CORP              | BR        |    216013 | NS      | $1371021.49   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| J Kumar Infraprojects Ltd                                                       | J Kumar Infraprojects Ltd                                                       | CUSIP: 000000000<br>LEI: 33580016NIMGU988MM71 | Long             | EC               | CORP              | IN        |      2507 | NS      | $17986.05     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Oriental Pearl Group Co Ltd                                                     | Oriental Pearl Group Co Ltd                                                     | CUSIP: 000000000<br>LEI: 300300SLCK1GUH5KK558 | Long             | EC               | CORP              | CN        |     10700 | NS      | $15497.33     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Quality Houses PCL                                                              | Quality Houses PCL                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |    368100 | NS      | $20106.06     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Radium Life Tech Co Ltd                                                         | Radium Life Tech Co Ltd                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     41409 | NS      | $15081.04     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MRF Ltd                                                                         | MRF Ltd                                                                         | CUSIP: 000000000<br>LEI: 335800EQP78LTJ76DZ82 | Long             | EC               | CORP              | IN        |       181 | NS      | $297637.99    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Tongling Nonferrous Metals Group Co Ltd                                         | Tongling Nonferrous Metals Group Co Ltd                                         | CUSIP: 000000000<br>LEI: 300300JWM4636VG5A986 | Long             | EC               | CORP              | CN        |     49000 | NS      | $36895.67     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Anhui Jiangnan Chemical Industry Co Ltd                                         | Anhui Jiangnan Chemical Industry Co Ltd                                         | CUSIP: 000000000<br>LEI: 300300GAERUVZZBTYI76 | Long             | EC               | CORP              | CN        |     29200 | NS      | $28221.87     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CIE Automotive India Ltd                                                        | CIE Automotive India Ltd                                                        | CUSIP: 000000000<br>LEI: 335800NSDTMUFCMTUP82 | Long             | EC               | CORP              | IN        |      6907 | NS      | $31369.38     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| La Comer SAB de CV                                                              | La Comer SAB de CV                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |     19443 | NS      | $44898.27     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenzhen Overseas Chinese Town Co Ltd                                           | Shenzhen Overseas Chinese Town Co Ltd                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     43200 | NS      | $16082.15     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Test Research Inc                                                               | Test Research Inc                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     11000 | NS      | $64423.52     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Innodisk Corp                                                                   | Innodisk Corp                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      2039 | NS      | $22043.79     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hengtong Optic-electric Co Ltd                                                  | Hengtong Optic-electric Co Ltd                                                  | CUSIP: 000000000<br>LEI: 655600VKTXMT2WKBE151 | Long             | EC               | CORP              | CN        |      9680 | NS      | $31235.68     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Agility Global PLC                                                              | Agility Global PLC                                                              | CUSIP: 000000000<br>LEI: 254900GCYJAY76VZD570 | Long             | EC               | CORP              | AE        |    243775 | NS      | $73005.40     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Shyam Metalics & Energy Ltd                                                     | Shyam Metalics & Energy Ltd                                                     | CUSIP: 000000000<br>LEI: 335800JWO762VAY1IE64 | Long             | EC               | CORP              | IN        |      2791 | NS      | $28705.68     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kenda Rubber Industrial Co Ltd                                                  | Kenda Rubber Industrial Co Ltd                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     34650 | NS      | $23078.78     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Vale SA                                                                         | Vale SA                                                                         | CUSIP: 91912E105<br>LEI: 254900SMTWBX7RU2SR20 | Long             | EC               | CORP              | BR        |     63918 | NS      | $694149.48    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| China Bohai Bank Co Ltd                                                         | China Bohai Bank Co Ltd                                                         | CUSIP: 000000000<br>LEI: 549300YB2ARX5DQT4F62 | Long             | EC               | CORP              | CN        |    217000 | NS      | $28721.59     | 0.01%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Mirbud SA                                                                       | Mirbud SA                                                                       | CUSIP: 000000000<br>LEI: 259400B45UFSRKN5V388 | Long             | EC               | CORP              | PL        |      5445 | NS      | $20733.44     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AMPOC Far-East Co Ltd                                                           | AMPOC Far-East Co Ltd                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      8864 | NS      | $31119.10     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Trip.com Group Ltd                                                              | Trip.com Group Ltd                                                              | CUSIP: 89677Q107<br>LEI: 2549004RMYDSRQL4KW41 | Long             | EC               | CORP              | KY        |      6319 | NS      | $475188.80    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Edelweiss Financial Services Ltd                                                | Edelweiss Financial Services Ltd                                                | CUSIP: 000000000<br>LEI: 335800GA1YN8NAGS8V55 | Long             | EC               | CORP              | IN        |     23512 | NS      | $28705.22     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kingfa Sci & Tech Co Ltd                                                        | Kingfa Sci & Tech Co Ltd                                                        | CUSIP: 000000000<br>LEI: 300300SN8W1XSX4OLL19 | Long             | EC               | CORP              | CN        |     13400 | NS      | $39512.25     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenzhen Gas Corp Ltd                                                           | Shenzhen Gas Corp Ltd                                                           | CUSIP: 000000000<br>LEI: 300300FUFI5P7GG85C19 | Long             | EC               | CORP              | CN        |     22300 | NS      | $20738.50     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bharat Heavy Electricals Ltd                                                    | Bharat Heavy Electricals Ltd                                                    | CUSIP: 000000000<br>LEI: 3358007X5FQ2R445Z747 | Long             | EC               | CORP              | IN        |     63065 | NS      | $169650.72    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| BOE Varitronix Ltd                                                              | BOE Varitronix Ltd                                                              | CUSIP: 000000000<br>LEI: 529900SG21VXEZYNQO29 | Long             | EC               | CORP              | BM        |     15000 | NS      | $10794.21     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Sichuan Yahua Industrial Group Co Ltd                                           | Sichuan Yahua Industrial Group Co Ltd                                           | CUSIP: 000000000<br>LEI: 300300K1MUDTK55VMN82 | Long             | EC               | CORP              | CN        |      8400 | NS      | $17547.08     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| JA Solar Technology Co Ltd                                                      | JA Solar Technology Co Ltd                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     14800 | NS      | $27319.43     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China Shenhua Energy Co Ltd                                                     | China Shenhua Energy Co Ltd                                                     | CUSIP: 000000000<br>LEI: 529900N9JOX4C108MA40 | Long             | EC               | CORP              | CN        |    182500 | NS      | $872403.45    | 0.41%             |  |  |  | No            |                  1 | On Loan: —       |
| Axiata Group Bhd                                                                | Axiata Group Bhd                                                                | CUSIP: 000000000<br>LEI: 254900DM0V7OCPDUUC55 | Long             | EC               | CORP              | MY        |    226300 | NS      | $144109.30    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| LG Innotek Co Ltd                                                               | LG Innotek Co Ltd                                                               | CUSIP: 000000000<br>LEI: 988400KTHH2LMUX7EB48 | Long             | EC               | CORP              | KR        |       903 | NS      | $120867.68    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Huapont Life Sciences Co Ltd                                                    | Huapont Life Sciences Co Ltd                                                    | CUSIP: 000000000<br>LEI: 3003009TGXJC0JJVTJ07 | Long             | EC               | CORP              | CN        |     27600 | NS      | $17641.48     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Lonking Holdings Ltd                                                            | Lonking Holdings Ltd                                                            | CUSIP: 000000000<br>LEI: 5299004M92ACMGS3QI84 | Long             | EC               | CORP              | KY        |    158000 | NS      | $60504.12     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Surya Semesta Internusa Tbk PT                                                  | Surya Semesta Internusa Tbk PT                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |    303100 | NS      | $32829.01     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced International Multitech Co Ltd                                         | Advanced International Multitech Co Ltd                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      8000 | NS      | $15749.06     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Securities Co Ltd                                                       | Samsung Securities Co Ltd                                                       | CUSIP: 000000000<br>LEI: 988400RBTJTHNUOHE716 | Long             | EC               | CORP              | KR        |      2235 | NS      | $114215.10    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Venustech Group Inc                                                             | Venustech Group Inc                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      6700 | NS      | $14720.62     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TS Financial Holding Co Ltd                                                     | TS Financial Holding Co Ltd                                                     | CUSIP: 000000000<br>LEI: 254900NDEO99JV07HK17 | Long             | EP               | CORP              | TW        |     26073 | NS      | $7904.54      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| PGE Polska Grupa Energetyczna SA                                                | PGE Polska Grupa Energetyczna SA                                                | CUSIP: 000000000<br>LEI: 259400MP9VXR0E69MJ89 | Long             | EC               | CORP              | PL        |     88838 | NS      | $262506.74    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Humanwell Healthcare Group Co Ltd                                               | Humanwell Healthcare Group Co Ltd                                               | CUSIP: 000000000<br>LEI: 300300CT1GETYDVFFG34 | Long             | EC               | CORP              | CN        |      9700 | NS      | $28724.79     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hotai Finance Co Ltd                                                            | Hotai Finance Co Ltd                                                            | CUSIP: 000000000<br>LEI: 2549007978RPLLF25G91 | Long             | EC               | CORP              | TW        |     14000 | NS      | $31694.99     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Xuji Electric Co Ltd                                                            | Xuji Electric Co Ltd                                                            | CUSIP: 000000000<br>LEI: 3003000OT9G77QBDC838 | Long             | EC               | CORP              | CN        |      3400 | NS      | $12671.58     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Alior Bank SA                                                                   | Alior Bank SA                                                                   | CUSIP: 000000000<br>LEI: 259400QHDOZWMJ103294 | Long             | EC               | CORP              | PL        |      8426 | NS      | $237851.68    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Anima Holding SA                                                                | Anima Holding SA                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |     29800 | NS      | $19205.04     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sarda Energy & Minerals Ltd                                                     | Sarda Energy & Minerals Ltd                                                     | CUSIP: 000000000<br>LEI: 3358008BGCGZ8DKYHY59 | Long             | EC               | CORP              | IN        |      2267 | NS      | $13864.16     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Power Ltd                                                              | Reliance Power Ltd                                                              | CUSIP: 000000000<br>LEI: 335800D1QMGOF93XZU85 | Long             | EC               | CORP              | IN        |    164619 | NS      | $82394.09     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Kasikornbank PCL                                                                | Kasikornbank PCL                                                                | CUSIP: 000000000<br>LEI: 5493004COSQ54937AW41 | Long             | EC               | CORP              | TH        |     27100 | NS      | $140078.69    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Great Wall Motor Co Ltd                                                         | Great Wall Motor Co Ltd                                                         | CUSIP: 000000000<br>LEI: 254900CR8AHWTMFZHH60 | Long             | EC               | CORP              | CN        |     87500 | NS      | $188898.67    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| YongXing Special Materials Technology Co Ltd                                    | YongXing Special Materials Technology Co Ltd                                    | CUSIP: 000000000<br>LEI: 300300ULJO6T9VWWOQ73 | Long             | EC               | CORP              | CN        |      2400 | NS      | $13068.01     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| HD Hyundai Construction Equipment Co Ltd                                        | HD Hyundai Construction Equipment Co Ltd                                        | CUSIP: 000000000<br>LEI: 988400SUTJA1BDSX0Y30 | Long             | EC               | CORP              | KR        |       647 | NS      | $42839.74     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Onesource Specialty Pharma Ltd                                                  | Onesource Specialty Pharma Ltd                                                  | CUSIP: 000000000<br>LEI: 335800TP5C932B9IQT98 | Long             | EC               | CORP              | IN        |      2735 | NS      | $56216.30     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| MKH Oil Palm East Kalimantan Bhd                                                | MKH Oil Palm East Kalimantan Bhd                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |      5278 | NS      | $790.10       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| China BlueChemical Ltd                                                          | China BlueChemical Ltd                                                          | CUSIP: 000000000<br>LEI: 529900A9VMPOCJ331Y42 | Long             | EC               | CORP              | CN        |     58000 | NS      | $17738.48     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitac Holdings Corp                                                             | Mitac Holdings Corp                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     53500 | NS      | $153945.47    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| GEM Co Ltd                                                                      | GEM Co Ltd                                                                      | CUSIP: 000000000<br>LEI: 300300FYIZ7FGM2QRC06 | Long             | EC               | CORP              | CN        |     33500 | NS      | $39625.20     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Silergy Corp                                                                    | Silergy Corp                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      7000 | NS      | $59255.86     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Qingdao Hanhe Cable Co Ltd                                                      | Qingdao Hanhe Cable Co Ltd                                                      | CUSIP: 000000000<br>LEI: 6556006X4PQWK2P8AO35 | Long             | EC               | CORP              | CN        |     35800 | NS      | $18105.07     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ayala Corp                                                                      | Ayala Corp                                                                      | CUSIP: 000000000<br>LEI: 254900QJ68UH8GKNGI69 | Long             | EC               | CORP              | PH        |     12590 | NS      | $104440.76    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| LT Group Inc                                                                    | LT Group Inc                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | PH        |    132300 | NS      | $34643.51     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| NICE Holdings Co Ltd                                                            | NICE Holdings Co Ltd                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      2345 | NS      | $22964.47     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Elang Mahkota Teknologi Tbk PT                                                  | Elang Mahkota Teknologi Tbk PT                                                  | CUSIP: 000000000<br>LEI: 254900EYBP9KM4RW7F31 | Long             | EC               | CORP              | ID        |    999500 | NS      | $75269.88     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Synmosa Biopharma Corp                                                          | Synmosa Biopharma Corp                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     17986 | NS      | $20211.97     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Korean Air Lines Co Ltd                                                         | Korean Air Lines Co Ltd                                                         | CUSIP: 000000000<br>LEI: 988400C2UFBF4B660C58 | Long             | EC               | CORP              | KR        |      8699 | NS      | $141051.46    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CEZ AS                                                                          | CEZ AS                                                                          | CUSIP: 000000000<br>LEI: 529900S5R9YHJHYKKG94 | Long             | EC               | CORP              | CZ        |       559 | NS      | $34697.22     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Gemtek Technology Corp                                                          | Gemtek Technology Corp                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     47000 | NS      | $38706.61     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SP Setia Bhd Group                                                              | SP Setia Bhd Group                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |    143480 | NS      | $35115.69     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| PTT PCL                                                                         | PTT PCL                                                                         | CUSIP: 000000000<br>LEI: 549300QOGMPTKB6W7G56 | Long             | EC               | CORP              | TH        |    781100 | NS      | $801468.14    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Inner Mongolia BaoTou Steel Union Co Ltd                                        | Inner Mongolia BaoTou Steel Union Co Ltd                                        | CUSIP: 000000000<br>LEI: 3003005DKNZILXCEDH07 | Long             | EC               | CORP              | CN        |    169960 | NS      | $56824.84     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Sports Gear Co Ltd                                                              | Sports Gear Co Ltd                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      4000 | NS      | $13386.71     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BTG Hotels Group Co Ltd                                                         | BTG Hotels Group Co Ltd                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      5700 | NS      | $11754.81     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TPK Holding Co Ltd                                                              | TPK Holding Co Ltd                                                              | CUSIP: 000000000<br>LEI: 529900Z1TVEM4GA4UB88 | Long             | EC               | CORP              | KY        |     34000 | NS      | $44008.79     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Guangzhou Shiyuan Electronic Technology Co Ltd                                  | Guangzhou Shiyuan Electronic Technology Co Ltd                                  | CUSIP: 000000000<br>LEI: 300300XCN9JKXKDKGF57 | Long             | EC               | CORP              | CN        |      4100 | NS      | $22923.53     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Wockhardt Ltd                                                                   | Wockhardt Ltd                                                                   | CUSIP: 000000000<br>LEI: 3358001OC2OX7OZAHZ33 | Long             | EC               | CORP              | IN        |      5344 | NS      | $90703.02     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Hopson Development Holdings Ltd                                                 | Hopson Development Holdings Ltd                                                 | CUSIP: 000000000<br>LEI: 549300HYMKPTC1DTZS42 | Long             | EC               | CORP              | BM        |    101900 | NS      | $45175.70     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Tatung Co Ltd                                                                   | Tatung Co Ltd                                                                   | CUSIP: 000000000<br>LEI: 529900BJL17PBLYDPC59 | Long             | EC               | CORP              | TW        |     98800 | NS      | $125615.20    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Yieh Phui Enterprise Co Ltd                                                     | Yieh Phui Enterprise Co Ltd                                                     | CUSIP: 000000000<br>LEI: 254900NCX61150KGIA04 | Long             | EC               | CORP              | TW        |     56254 | NS      | $28793.31     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Huaibei Mining Holdings Co Ltd                                                  | Huaibei Mining Holdings Co Ltd                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     10400 | NS      | $18014.03     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| UPL Ltd                                                                         | UPL Ltd                                                                         | CUSIP: 000000000<br>LEI: 335800RJSM1SLHO4UA95 | Long             | EC               | CORP              | IN        |     34451 | NS      | $255311.15    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| China Reinsurance Group Corp                                                    | China Reinsurance Group Corp                                                    | CUSIP: 000000000<br>LEI: 300300F3000111000079 | Long             | EC               | CORP              | CN        |    422000 | NS      | $84053.48     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Shanghai Jinjiang International Hotels Co Ltd                                   | Shanghai Jinjiang International Hotels Co Ltd                                   | CUSIP: 000000000<br>LEI: 300300KOJEHP8FQX5092 | Long             | EC               | CORP              | CN        |      7900 | NS      | $25580.71     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Lotte Chilsung Beverage Co Ltd                                                  | Lotte Chilsung Beverage Co Ltd                                                  | CUSIP: 000000000<br>LEI: 9884007VHCK33CNXZA95 | Long             | EC               | CORP              | KR        |       290 | NS      | $23831.65     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhejiang Xinan Chemical Industrial Group Co Ltd                                 | Zhejiang Xinan Chemical Industrial Group Co Ltd                                 | CUSIP: 000000000<br>LEI: 30030036EGJFC01Q8074 | Long             | EC               | CORP              | CN        |     14980 | NS      | $22495.94     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Aspen Pharmacare Holdings Ltd                                                   | Aspen Pharmacare Holdings Ltd                                                   | CUSIP: 000000000<br>LEI: 635400ZYSN1IRD5QWQ94 | Long             | EC               | CORP              | ZA        |     16981 | NS      | $95258.79     | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Business-intelligence of Oriental Nations Corp Ltd                              | Business-intelligence of Oriental Nations Corp Ltd                              | CUSIP: 000000000<br>LEI: 300300NIFA1100059317 | Long             | EC               | CORP              | CN        |      8200 | NS      | $12533.07     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CRRC Corp Ltd                                                                   | CRRC Corp Ltd                                                                   | CUSIP: 000000000<br>LEI: 30030099HATQH2XC0B72 | Long             | EC               | CORP              | CN        |    177000 | NS      | $136469.65    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Lealea Enterprise Co Ltd                                                        | Lealea Enterprise Co Ltd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     83200 | NS      | $17798.54     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Allcargo Logistics Ltd                                                          | Allcargo Logistics Ltd                                                          | CUSIP: 000000000<br>LEI: 3358004IVNMJLXEBCV32 | Long             | EC               | CORP              | IN        |     19940 | NS      | $7148.32      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Bajaj Holdings & Investment Ltd                                                 | Bajaj Holdings & Investment Ltd                                                 | CUSIP: 000000000<br>LEI: 335800NL7NWD9IPOHL48 | Long             | EC               | CORP              | IN        |      1809 | NS      | $244490.43    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Amorepacific Holdings Corp                                                      | Amorepacific Holdings Corp                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      1044 | NS      | $19830.08     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Shanghai Electric Group Co Ltd                                                  | Shanghai Electric Group Co Ltd                                                  | CUSIP: 000000000<br>LEI: 529900WHVV4GODE91T37 | Long             | EC               | CORP              | CN        |     60000 | NS      | $31457.41     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| PIRAMAL FINANCE DM2 UNLISTED                                                    | PIRAMAL FINANCE DM2 UNLISTED                                                    | CUSIP: 000000000<br>LEI: 335800M751HM7MSTFQ19 | Long             | EP               | CORP              | IN        |      4265 | NS      | $54001.36     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Universal Robina Corp                                                           | Universal Robina Corp                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | PH        |     25650 | NS      | $31247.16     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| XCMG Construction Machinery Co Ltd                                              | XCMG Construction Machinery Co Ltd                                              | CUSIP: 000000000<br>LEI: 300300QGG1VFJ0WTJE78 | Long             | EC               | CORP              | CN        |     47400 | NS      | $76575.66     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Ennoconn Corp                                                                   | Ennoconn Corp                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      6116 | NS      | $59097.12     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Livzon Pharmaceutical Group Inc                                                 | Livzon Pharmaceutical Group Inc                                                 | CUSIP: 000000000<br>LEI: 529900Y4GWTVVTORJ443 | Long             | EC               | CORP              | CN        |      6800 | NS      | $30251.54     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ruentex Development Co Ltd                                                      | Ruentex Development Co Ltd                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     67600 | NS      | $65652.60     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Jammu & Kashmir Bank Ltd/The                                                    | Jammu & Kashmir Bank Ltd/The                                                    | CUSIP: 000000000<br>LEI: 3358003EPKRYNVG21Y80 | Long             | EC               | CORP              | IN        |     31797 | NS      | $37710.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Vipshop Holdings Ltd                                                            | Vipshop Holdings Ltd                                                            | CUSIP: 92763W103<br>LEI: 549300I9F52K06HPZX60 | Long             | EC               | CORP              | KY        |     22586 | NS      | $443589.04    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| China Cinda Asset Management Co Ltd                                             | China Cinda Asset Management Co Ltd                                             | CUSIP: 000000000<br>LEI: 3003008W60YAHL9CQE51 | Long             | EC               | CORP              | CN        |    103000 | NS      | $18000.63     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Genomma Lab Internacional SAB de CV                                             | Genomma Lab Internacional SAB de CV                                             | CUSIP: 000000000<br>LEI: 984500B7084AA76ACF85 | Long             | EC               | CORP              | MX        |     65230 | NS      | $68458.82     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ming Yang Smart Energy Group Ltd                                                | Ming Yang Smart Energy Group Ltd                                                | CUSIP: 000000000<br>LEI: 300300W76R6UJHEZL847 | Long             | EC               | CORP              | CN        |      6800 | NS      | $15437.07     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Orbia Advance Corp SAB de CV                                                    | Orbia Advance Corp SAB de CV                                                    | CUSIP: 000000000<br>LEI: 549300MVHZ20SBIOEQ79 | Long             | EC               | CORP              | MX        |     51451 | NS      | $49980.25     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Kung Long Batteries Industrial Co Ltd                                           | Kung Long Batteries Industrial Co Ltd                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      8000 | NS      | $33860.49     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Jiangsu Zhongtian Technology Co Ltd                                             | Jiangsu Zhongtian Technology Co Ltd                                             | CUSIP: 000000000<br>LEI: 3003006LG5TV3D5D3508 | Long             | EC               | CORP              | CN        |     11500 | NS      | $30565.64     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| KOC Holding AS                                                                  | KOC Holding AS                                                                  | CUSIP: 000000000<br>LEI: 7890005U0H950VH19H45 | Long             | EC               | CORP              | TR        |     47064 | NS      | $195716.78    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| TVS Srichakra Ltd                                                               | TVS Srichakra Ltd                                                               | CUSIP: 000000000<br>LEI: 335800KTFFEHX9VTKB42 | Long             | EC               | CORP              | IN        |       202 | NS      | $7200.57      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| OCI Co Ltd                                                                      | OCI Co Ltd                                                                      | CUSIP: 000000000<br>LEI: 5493000LT3SOWP38C898 | Long             | EC               | CORP              | KR        |       450 | NS      | $17223.19     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Gotion High-tech Co Ltd                                                         | Gotion High-tech Co Ltd                                                         | CUSIP: 000000000<br>LEI: 300300J1NKV8ZBF0KN15 | Long             | EC               | CORP              | CN        |      5100 | NS      | $33443.80     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Astral Foods Ltd                                                                | Astral Foods Ltd                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |      2628 | NS      | $31236.22     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Tianneng Power International Ltd                                                | Tianneng Power International Ltd                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     74000 | NS      | $92714.55     | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| China Hongqiao Group Ltd                                                        | China Hongqiao Group Ltd                                                        | CUSIP: 000000000<br>LEI: 3003009Q4IBFSDE24571 | Long             | EC               | CORP              | KY        |    189000 | NS      | $641661.79    | 0.30%             |  |  |  | No            |                  1 | On Loan: —       |
| Western Securities Co Ltd                                                       | Western Securities Co Ltd                                                       | CUSIP: 000000000<br>LEI: 300300E1010661000039 | Long             | EC               | CORP              | CN        |     22600 | NS      | $27240.20     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China Youran Dairy Group Ltd                                                    | China Youran Dairy Group Ltd                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     71000 | NS      | $30108.13     | 0.01%             |  |  |  | Yes           |                  1 | On Loan: —       |
| PChome Online Inc                                                               | PChome Online Inc                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |       408 | NS      | $427.71       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Carso SAB de CV                                                           | Grupo Carso SAB de CV                                                           | CUSIP: 000000000<br>LEI: 5493007R35VF4W6YVW92 | Long             | EC               | CORP              | MX        |     10719 | NS      | $77313.06     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Indika Energy Tbk PT                                                            | Indika Energy Tbk PT                                                            | CUSIP: 000000000<br>LEI: 254900YVKE6BJ1I4V036 | Long             | EC               | CORP              | ID        |    195300 | NS      | $27188.48     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Trimegah Bangun Persada Tbk PT                                                  | Trimegah Bangun Persada Tbk PT                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |    478700 | NS      | $34182.60     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Shoucheng Holdings Ltd                                                          | Shoucheng Holdings Ltd                                                          | CUSIP: 000000000<br>LEI: 984500T04A55D1A09D74 | Long             | EC               | CORP              | HK        |     58400 | NS      | $18911.46     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| China Steel Chemical Corp                                                       | China Steel Chemical Corp                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      8000 | NS      | $21471.23     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| General Interface Solution GIS Holding Ltd                                      | General Interface Solution GIS Holding Ltd                                      | CUSIP: 000000000<br>LEI: 529900UF1EE97VL5NU66 | Long             | EC               | CORP              | KY        |     18000 | NS      | $37029.99     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung SDI Co Ltd                                                              | Samsung SDI Co Ltd                                                              | CUSIP: 000000000<br>LEI: 9884002AESDO4YW87G32 | Long             | EC               | CORP              | KR        |      2756 | NS      | $402679.88    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Partron Co Ltd                                                                  | Partron Co Ltd                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      1897 | NS      | $8720.75      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MTN Group Ltd                                                                   | MTN Group Ltd                                                                   | CUSIP: 000000000<br>LEI: 2549009JD6Q6XHZS5E05 | Long             | EC               | CORP              | ZA        |    105902 | NS      | $889159.81    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Raymond Lifestyle Ltd                                                           | Raymond Lifestyle Ltd                                                           | CUSIP: 000000000<br>LEI: 335800DRT861RF1NS126 | Long             | EC               | CORP              | IN        |      2620 | NS      | $34583.66     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Lao Feng Xiang Co Ltd                                                           | Lao Feng Xiang Co Ltd                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      2700 | NS      | $18995.15     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Japfa Comfeed Indonesia Tbk PT                                                  | Japfa Comfeed Indonesia Tbk PT                                                  | CUSIP: 000000000<br>LEI: 549300VJMRP8O87R3147 | Long             | EC               | CORP              | ID        |    567600 | NS      | $66756.44     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Nan Pao Resins Chemical Co Ltd                                                  | Nan Pao Resins Chemical Co Ltd                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      2000 | NS      | $25789.09     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AKR Corporindo Tbk PT                                                           | AKR Corporindo Tbk PT                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |    273600 | NS      | $19865.35     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China Education Group Holdings Ltd                                              | China Education Group Holdings Ltd                                              | CUSIP: 000000000<br>LEI: 549300A81YHS5D5PYD04 | Long             | EC               | CORP              | KY        |     34181 | NS      | $14494.73     | 0.01%             |  |  |  | Yes           |                  1 | On Loan: —       |
| Lien Hwa Industrial Holdings Corp                                               | Lien Hwa Industrial Holdings Corp                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     56666 | NS      | $90545.12     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Beijing Jetsen Technology Co Ltd                                                | Beijing Jetsen Technology Co Ltd                                                | CUSIP: 000000000<br>LEI: 300300PZ0BHFCRQWAW43 | Long             | EC               | CORP              | CN        |     28600 | NS      | $24307.26     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Nien Made Enterprise Co Ltd                                                     | Nien Made Enterprise Co Ltd                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      2000 | NS      | $27856.16     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Xinyi Solar Holdings Ltd                                                        | Xinyi Solar Holdings Ltd                                                        | CUSIP: 000000000<br>LEI: 529900QF7VIH03SB7Q08 | Long             | EC               | CORP              | KY        |    364000 | NS      | $160905.69    | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Easyhome New Retail Group Co Ltd                                                | Easyhome New Retail Group Co Ltd                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     51400 | NS      | $20795.54     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Feng TAY Enterprise Co Ltd                                                      | Feng TAY Enterprise Co Ltd                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     16000 | NS      | $64571.17     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Tianqi Lithium Corp                                                             | Tianqi Lithium Corp                                                             | CUSIP: 000000000<br>LEI: 300300IZ1J0MQ8YVEG66 | Long             | EC               | CORP              | CN        |      5400 | NS      | $31184.47     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Tianshan Aluminum Group Co Ltd                                                  | Tianshan Aluminum Group Co Ltd                                                  | CUSIP: 000000000<br>LEI: 300300VE52AL1GWYFN04 | Long             | EC               | CORP              | CN        |     18200 | NS      | $29632.57     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Yunnan Copper Co Ltd                                                            | Yunnan Copper Co Ltd                                                            | CUSIP: 000000000<br>LEI: 300300BFPGI267QXCG14 | Long             | EC               | CORP              | CN        |      8100 | NS      | $19890.29     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| UNTRADE.LUMENA NEWMAT                                                           | UNTRADE.LUMENA NEWMAT                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |      5599 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Top Glove Corp Bhd                                                              | Top Glove Corp Bhd                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |    291800 | NS      | $40214.80     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Poly Property Services Co Ltd                                                   | Poly Property Services Co Ltd                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     10200 | NS      | $45639.46     | 0.02%             |  |  |  | Yes           |                  1 | On Loan: No      |
| China Nonferrous Metal Industry's Foreign Engineering and Construction Co Ltd   | China Nonferrous Metal Industry's Foreign Engineering and Construction Co Ltd   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     15100 | NS      | $14382.06     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Chong Hong Construction Co Ltd                                                  | Chong Hong Construction Co Ltd                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     12000 | NS      | $30041.34     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Biocon Ltd                                                                      | Biocon Ltd                                                                      | CUSIP: 000000000<br>LEI: 335800NK3L7QCHLOC198 | Long             | EC               | CORP              | IN        |     11002 | NS      | $42216.85     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo de Inversiones Suramericana SA                                            | Grupo de Inversiones Suramericana SA                                            | CUSIP: 000000000<br>LEI: 549300AC1Q176TZL0305 | Long             | EP               | CORP              | CO        |      4895 | NS      | $44324.52     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Eclat Textile Co Ltd                                                            | Eclat Textile Co Ltd                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      7000 | NS      | $100711.99    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Far East Horizon Ltd                                                            | Far East Horizon Ltd                                                            | CUSIP: 000000000<br>LEI: 549300S9XRGO1ZPUHE62 | Long             | EC               | CORP              | HK        |    187000 | NS      | $165085.87    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Natco Pharma Ltd                                                                | Natco Pharma Ltd                                                                | CUSIP: 000000000<br>LEI: 33580086GIBRWXSNGG39 | Long             | EC               | CORP              | IN        |      5577 | NS      | $50211.92     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Elan Microelectronics Corp                                                      | Elan Microelectronics Corp                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     13000 | NS      | $55449.83     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| AB SA                                                                           | AB SA                                                                           | CUSIP: 000000000<br>LEI: 259400TZG21SXKFKFD76 | Long             | EC               | CORP              | PL        |       845 | NS      | $22551.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Wiwynn Corp                                                                     | Wiwynn Corp                                                                     | CUSIP: 000000000<br>LEI: 254900FV2R15PMKXFL69 | Long             | EC               | CORP              | TW        |      2000 | NS      | $217533.96    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| ADNOC Logistics & Services                                                      | ADNOC Logistics & Services                                                      | CUSIP: 000000000<br>LEI: 254900CIXQYSEOFXAB16 | Long             | EC               | CORP              | AE        |     23278 | NS      | $36630.82     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Cenra Inc                                                                       | Cenra Inc                                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      9500 | NS      | $10457.54     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| CIMC Enric Holdings Ltd                                                         | CIMC Enric Holdings Ltd                                                         | CUSIP: 000000000<br>LEI: 254900RKJGCDZN5ZOB09 | Long             | EC               | CORP              | KY        |     60000 | NS      | $61989.60     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Bohai Leasing Co Ltd                                                            | Bohai Leasing Co Ltd                                                            | CUSIP: 000000000<br>LEI: 300300EGZP889NPOT790 | Long             | EC               | CORP              | CN        |     64900 | NS      | $32001.21     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Shanghai RAAS Blood Products Co Ltd                                             | Shanghai RAAS Blood Products Co Ltd                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     37200 | NS      | $34960.98     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| 3SBio Inc                                                                       | 3SBio Inc                                                                       | CUSIP: 000000000<br>LEI: 529900P0TQC1E9Y7FN31 | Long             | EC               | CORP              | KY        |      9500 | NS      | $36623.21     | 0.02%             |  |  |  | Yes           |                  1 | On Loan: —       |
| President Securities Corp                                                       | President Securities Corp                                                       | CUSIP: 000000000<br>LEI: 2549003O85RNZ1LL3Y88 | Long             | EC               | CORP              | TW        |     95299 | NS      | $73011.08     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Baidu Inc                                                                       | Baidu Inc                                                                       | CUSIP: 056752108<br>LEI: 254900AL64IANZYI1E02 | Long             | EC               | CORP              | KY        |     11412 | NS      | $1503759.24   | 0.71%             |  |  |  | No            |                  1 | On Loan: —       |
| Guangdong Xinbao Electrical Appliances Holdings Co Ltd                          | Guangdong Xinbao Electrical Appliances Holdings Co Ltd                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      4200 | NS      | $9275.05      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Power Construction Corp of China Ltd                                            | Power Construction Corp of China Ltd                                            | CUSIP: 000000000<br>LEI: 300300MX911UESD4EH33 | Long             | EC               | CORP              | CN        |     84900 | NS      | $66551.29     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ningbo Zhoushan Port Co Ltd                                                     | Ningbo Zhoushan Port Co Ltd                                                     | CUSIP: 000000000<br>LEI: 30030062JKWZUF3F8Y93 | Long             | EC               | CORP              | CN        |     33200 | NS      | $17023.37     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China Risun Group Ltd                                                           | China Risun Group Ltd                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     58000 | NS      | $17663.95     | 0.01%             |  |  |  | Yes           |                  1 | On Loan: —       |
| China Gas Holdings Ltd                                                          | China Gas Holdings Ltd                                                          | CUSIP: 000000000<br>LEI: 254900KTSZLZ21VV8T33 | Long             | EC               | CORP              | BM        |    233800 | NS      | $228934.39    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Yem Chio Co Ltd                                                                 | Yem Chio Co Ltd                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     23119 | NS      | $10733.44     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TCL Technology Group Corp                                                       | TCL Technology Group Corp                                                       | CUSIP: 000000000<br>LEI: 300300K9RLEXIIDB1U19 | Long             | EC               | CORP              | CN        |     78540 | NS      | $47553.53     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Sanyo Electric Co Ltd                                                    | Taiwan Sanyo Electric Co Ltd                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     10000 | NS      | $12221.93     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Storage Inc                                                              | Quanta Storage Inc                                                              | CUSIP: 000000000<br>LEI: 9845005F6F7586044T83 | Long             | EC               | CORP              | TW        |     13000 | NS      | $48838.51     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Aarti Drugs Ltd                                                                 | Aarti Drugs Ltd                                                                 | CUSIP: 000000000<br>LEI: 3358008CHU25M2YZMB20 | Long             | EC               | CORP              | IN        |      1688 | NS      | $9230.04      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| MBM Resources BHD                                                               | MBM Resources BHD                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     12500 | NS      | $15385.53     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Aten International Co Ltd                                                       | Aten International Co Ltd                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      5000 | NS      | $10351.73     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Hong Leong Bank Bhd                                                             | Hong Leong Bank Bhd                                                             | CUSIP: 000000000<br>LEI: 549300BUPYUQGB5BFX94 | Long             | EC               | CORP              | MY        |     11500 | NS      | $56072.23     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Youngone Holdings Co Ltd                                                        | Youngone Holdings Co Ltd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       553 | NS      | $54667.40     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Wisdom Marine Lines Co Ltd                                                      | Wisdom Marine Lines Co Ltd                                                      | CUSIP: 000000000<br>LEI: 2138002Y4SAHF7NM3W37 | Long             | EC               | CORP              | KY        |     27019 | NS      | $52038.04     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BAIC Motor Corp Ltd                                                             | BAIC Motor Corp Ltd                                                             | CUSIP: 000000000<br>LEI: 5299003EYHISIDNLZQ19 | Long             | EC               | CORP              | CN        |    145000 | NS      | $39501.67     | 0.02%             |  |  |  | Yes           |                  1 | On Loan: No      |
| HL Holdings Corp                                                                | HL Holdings Corp                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       389 | NS      | $10965.36     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Valterra Platinum Ltd                                                           | Valterra Platinum Ltd                                                           | CUSIP: 000000000<br>LEI: 529900RORCZ0E5S5FX81 | Long             | EC               | CORP              | ZA        |      2077 | NS      | $148573.45    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Jiumaojiu International Holdings Ltd                                            | Jiumaojiu International Holdings Ltd                                            | CUSIP: 000000000<br>LEI: 6556009ZSGTEPL7MEK84 | Long             | EC               | CORP              | KY        |     74000 | NS      | $19874.20     | 0.01%             |  |  |  | Yes           |                  1 | On Loan: —       |
| Satellite Chemical Co Ltd                                                       | Satellite Chemical Co Ltd                                                       | CUSIP: 000000000<br>LEI: 300300EB6R0AX600R053 | Long             | EC               | CORP              | CN        |      8826 | NS      | $23979.21     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Shihlin Electric & Engineering Corp                                             | Shihlin Electric & Engineering Corp                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     11000 | NS      | $65686.72     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Alarko Holding AS                                                               | Alarko Holding AS                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TR        |      8981 | NS      | $17777.42     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Piramal Pharma Ltd                                                              | Piramal Pharma Ltd                                                              | CUSIP: 000000000<br>LEI: 3358006D6AL7PZ4U9T51 | Long             | EC               | CORP              | IN        |     29025 | NS      | $62460.69     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Qingdao Sentury Tire Co Ltd                                                     | Qingdao Sentury Tire Co Ltd                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      7900 | NS      | $21352.40     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Graphite India Ltd                                                              | Graphite India Ltd                                                              | CUSIP: 000000000<br>LEI: 335800VMGC17U49YJX23 | Long             | EC               | CORP              | IN        |      2245 | NS      | $14121.52     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bangkok Life Assurance PCL                                                      | Bangkok Life Assurance PCL                                                      | CUSIP: 000000000<br>LEI: 254900S8RTAA59ZF6T09 | Long             | EC               | CORP              | TH        |     26800 | NS      | $15548.22     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AsiaInfo Technologies Ltd                                                       | AsiaInfo Technologies Ltd                                                       | CUSIP: 000000000<br>LEI: 549300DDKQ3XRKSS1646 | Long             | EC               | CORP              | VG        |     13200 | NS      | $16623.08     | 0.01%             |  |  |  | Yes           |                  1 | On Loan: —       |
| Anhui Guangxin Agrochemical Co Ltd                                              | Anhui Guangxin Agrochemical Co Ltd                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      4312 | NS      | $7214.48      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| HK inno N Corp                                                                  | HK inno N Corp                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       967 | NS      | $30601.05     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| FIH Mobile Ltd                                                                  | FIH Mobile Ltd                                                                  | CUSIP: 000000000<br>LEI: 30030037GI80SRAJAK10 | Long             | EC               | CORP              | KY        |     16500 | NS      | $37189.91     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Risen Energy Co Ltd                                                             | Risen Energy Co Ltd                                                             | CUSIP: 000000000<br>LEI: 3003005CFEH1CK6CA695 | Long             | EC               | CORP              | CN        |      6400 | NS      | $9413.29      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| China Overseas Grand Oceans Group Ltd                                           | China Overseas Grand Oceans Group Ltd                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |    141402 | NS      | $45244.57     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ENF Technology Co Ltd                                                           | ENF Technology Co Ltd                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       555 | NS      | $21953.96     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ScinoPharm Taiwan Ltd                                                           | ScinoPharm Taiwan Ltd                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     14000 | NS      | $8704.64      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyosung Corp                                                                    | Hyosung Corp                                                                    | CUSIP: 000000000<br>LEI: 549300I0RPK0L4R21F76 | Long             | EC               | CORP              | KR        |       537 | NS      | $32494.42     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Vizionfocus Inc                                                                 | Vizionfocus Inc                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      2000 | NS      | $11746.18     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Thye Ming Industrial Co Ltd                                                     | Thye Ming Industrial Co Ltd                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      8000 | NS      | $14830.37     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ChipMOS Technologies Inc                                                        | ChipMOS Technologies Inc                                                        | CUSIP: 16965P202<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |       328 | NS      | $6284.48      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Yixin Group Ltd                                                                 | Yixin Group Ltd                                                                 | CUSIP: 000000000<br>LEI: 529900YTV0F6LHZT7H57 | Long             | EC               | CORP              | KY        |    126500 | NS      | $44702.81     | 0.02%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Daishin Securities Co Ltd                                                       | Daishin Securities Co Ltd                                                       | CUSIP: 000000000<br>LEI: 549300A0MNIZNJBONO78 | Long             | EC               | CORP              | KR        |       697 | NS      | $13114.86     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| JinkoSolar Holding Co Ltd                                                       | JinkoSolar Holding Co Ltd                                                       | CUSIP: 47759T100<br>LEI: 529900Y93WNCS05FG852 | Long             | EC               | CORP              | KY        |      2327 | NS      | $55917.81     | 0.03%             |  |  |  | No            |                  1 | On Loan: —       |
| EEKA Fashion Holdings Ltd                                                       | EEKA Fashion Holdings Ltd                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     17500 | NS      | $16978.39     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Electronics Co Ltd                                                      | Samsung Electronics Co Ltd                                                      | CUSIP: 796050888<br>LEI: 9884007ER46L6N7EI764 | Long             | EC               | CORP              | KR        |      3591 | NS      | $5364954.00   | 2.52%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Tongyu Heavy Industry Co Ltd                                                    | Tongyu Heavy Industry Co Ltd                                                    | CUSIP: 000000000<br>LEI: 300300HSST7G7WS4NX79 | Long             | EC               | CORP              | CN        |     40800 | NS      | $18169.12     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Tata Chemicals Ltd                                                              | Tata Chemicals Ltd                                                              | CUSIP: 000000000<br>LEI: 335800H6MURUA6FBOW17 | Long             | EC               | CORP              | IN        |     12988 | NS      | $134138.57    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Ambuja Cements Ltd                                                              | Ambuja Cements Ltd                                                              | CUSIP: 000000000<br>LEI: 335800NT6LQHR1428E20 | Long             | EC               | CORP              | IN        |     36667 | NS      | $236011.78    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| TMBThanachart Bank PCL                                                          | TMBThanachart Bank PCL                                                          | CUSIP: 000000000<br>LEI: 549300WKGLXEV3DB7I54 | Long             | EC               | CORP              | TH        |    534672 | NS      | $31349.38     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kuo Yang Construction Co Ltd                                                    | Kuo Yang Construction Co Ltd                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     14000 | NS      | $8727.61      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Shanghai AJ Group Co Ltd                                                        | Shanghai AJ Group Co Ltd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     16900 | NS      | $13295.03     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Greentown Service Group Co Ltd                                                  | Greentown Service Group Co Ltd                                                  | CUSIP: 000000000<br>LEI: 254900V8OFDBOODYW979 | Long             | EC               | CORP              | KY        |    102000 | NS      | $65667.35     | 0.03%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Ahluwalia Contracts India Ltd                                                   | Ahluwalia Contracts India Ltd                                                   | CUSIP: 000000000<br>LEI: 335800PJEX4PHO9BJP03 | Long             | EC               | CORP              | IN        |      1765 | NS      | $19526.79     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China Merchants Energy Shipping Co Ltd                                          | China Merchants Energy Shipping Co Ltd                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     27400 | NS      | $34180.47     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortis Healthcare Ltd                                                           | Fortis Healthcare Ltd                                                           | CUSIP: 000000000<br>LEI: 3358001Q5ZJC4M83WH02 | Long             | EC               | CORP              | IN        |      4364 | NS      | $47666.03     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Ho Tung Chemical Corp                                                           | Ho Tung Chemical Corp                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     63688 | NS      | $16591.73     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China Feihe Ltd                                                                 | China Feihe Ltd                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |    234000 | NS      | $120278.34    | 0.06%             |  |  |  | Yes           |                  1 | On Loan: No      |
| China Railway Signal & Communication Corp Ltd                                   | China Railway Signal & Communication Corp Ltd                                   | CUSIP: 000000000<br>LEI: 529900GK68ZHDM38WD21 | Long             | EC               | CORP              | CN        |    149000 | NS      | $66822.58     | 0.03%             |  |  |  | Yes           |                  1 | On Loan: No      |
| China Green Electricity Investment of Tianjin Co Ltd                            | China Green Electricity Investment of Tianjin Co Ltd                            | CUSIP: 000000000<br>LEI: 3003003Q7265DHFXJU95 | Long             | EC               | CORP              | CN        |     10700 | NS      | $13678.54     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung C&T Corp                                                                | Samsung C&T Corp                                                                | CUSIP: 000000000<br>LEI: 988400GFRE4IDFPE9E64 | Long             | EC               | CORP              | KR        |      3438 | NS      | $452339.40    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| SinoPac Financial Holdings Co Ltd                                               | SinoPac Financial Holdings Co Ltd                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    627858 | NS      | $515009.19    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Daqin Railway Co Ltd                                                            | Daqin Railway Co Ltd                                                            | CUSIP: 000000000<br>LEI: 30030098LARO7YWJL882 | Long             | EC               | CORP              | CN        |     85800 | NS      | $70993.26     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Nan Ya Printed Circuit Board Corp                                               | Nan Ya Printed Circuit Board Corp                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     15000 | NS      | $111227.77    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Aurobindo Pharma Ltd                                                            | Aurobindo Pharma Ltd                                                            | CUSIP: 000000000<br>LEI: 335800G4T2A353RDGM23 | Long             | EC               | CORP              | IN        |     25561 | NS      | $312355.84    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Gigabyte Technology Co Ltd                                                      | Gigabyte Technology Co Ltd                                                      | CUSIP: 000000000<br>LEI: 2549001BU3CG63KSN047 | Long             | EC               | CORP              | TW        |     18000 | NS      | $176586.39    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Sesoda Corp                                                                     | Sesoda Corp                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     17193 | NS      | $17290.03     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China Minsheng Banking Corp Ltd                                                 | China Minsheng Banking Corp Ltd                                                 | CUSIP: 000000000<br>LEI: 549300HBUGSQD1VCXG94 | Long             | EC               | CORP              | CN        |    353880 | NS      | $186900.04    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenzhou International Group Holdings Ltd                                       | Shenzhou International Group Holdings Ltd                                       | CUSIP: 000000000<br>LEI: 529900B4W41TCUKJFM73 | Long             | EC               | CORP              | KY        |     13900 | NS      | $110118.29    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Concord Securities Co Ltd                                                       | Concord Securities Co Ltd                                                       | CUSIP: 000000000<br>LEI: 254900OUMCTS2PB7WX06 | Long             | EC               | CORP              | TW        |     42735 | NS      | $18438.39     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| El Puerto de Liverpool SAB de CV                                                | El Puerto de Liverpool SAB de CV                                                | CUSIP: 000000000<br>LEI: 4469000001BO4JEXZL32 | Long             | EC               | CORP              | MX        |      7251 | NS      | $36473.76     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Beijing Capital International Airport Co Ltd                                    | Beijing Capital International Airport Co Ltd                                    | CUSIP: 000000000<br>LEI: 5299001QWQN7CK66FE04 | Long             | EC               | CORP              | CN        |     46000 | NS      | $16432.90     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Inner Mongolia ERDOS Resources Co Ltd                                           | Inner Mongolia ERDOS Resources Co Ltd                                           | CUSIP: 000000000<br>LEI: 300300UPV0ZBASQKK574 | Long             | EC               | CORP              | CN        |     11760 | NS      | $16817.82     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunonwealth Electric Machine Industry Co Ltd                                    | Sunonwealth Electric Machine Industry Co Ltd                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     12000 | NS      | $49806.42     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Sichuan Kelun Pharmaceutical Co Ltd                                             | Sichuan Kelun Pharmaceutical Co Ltd                                             | CUSIP: 000000000<br>LEI: 30030014Z0J8J835FO94 | Long             | EC               | CORP              | CN        |      3600 | NS      | $18575.39     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Guanghui Energy Co Ltd                                                          | Guanghui Energy Co Ltd                                                          | CUSIP: 000000000<br>LEI: 300300763Q4WLOKZPD04 | Long             | EC               | CORP              | CN        |     48700 | NS      | $34480.54     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Feng Hsin Steel Co Ltd                                                          | Feng Hsin Steel Co Ltd                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     17000 | NS      | $36422.99     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ITE Technology Inc                                                              | ITE Technology Inc                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      6000 | NS      | $26281.25     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Shanghai Mechanical and Electrical Industry Co Ltd                              | Shanghai Mechanical and Electrical Industry Co Ltd                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      7100 | NS      | $27458.65     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China Jushi Co Ltd                                                              | China Jushi Co Ltd                                                              | CUSIP: 000000000<br>LEI: 300300JZBQ0FKI1TDH04 | Long             | EC               | CORP              | CN        |     22631 | NS      | $55127.39     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Falabella SA                                                                    | Falabella SA                                                                    | CUSIP: 000000000<br>LEI: 5493004CKJQ7H391LM41 | Long             | EC               | CORP              | CL        |     20400 | NS      | $120944.84    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Bank Of Taiwan                                                            | Union Bank Of Taiwan                                                            | CUSIP: 000000000<br>LEI: 549300FQN4T2J7VDAD82 | Long             | EC               | CORP              | TW        |     79276 | NS      | $46689.55     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CJ Corp                                                                         | CJ Corp                                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      1142 | NS      | $149358.18    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Authority of India Ltd                                                    | Steel Authority of India Ltd                                                    | CUSIP: 000000000<br>LEI: 335800ZJXMF183ZCQI90 | Long             | EC               | CORP              | IN        |     89762 | NS      | $136328.15    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NongShim Co Ltd                                                                 | NongShim Co Ltd                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       135 | NS      | $41518.48     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco do Estado do Rio Grande do Sul SA                                         | Banco do Estado do Rio Grande do Sul SA                                         | CUSIP: 000000000<br>LEI: 254900W2BN097WLYIM20 | Long             | EP               | CORP              | BR        |     14808 | NS      | $33248.27     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| DataTec Ltd                                                                     | DataTec Ltd                                                                     | CUSIP: 000000000<br>LEI: 213800AA36MIN5FWKV02 | Long             | EC               | CORP              | ZA        |     25170 | NS      | $87533.89     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenzhen Kangtai Biological Products Co Ltd                                     | Shenzhen Kangtai Biological Products Co Ltd                                     | CUSIP: 000000000<br>LEI: 300300DTC3W6PCLFRJ05 | Long             | EC               | CORP              | CN        |      8900 | NS      | $20992.07     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Lung Yen Life Service Corp                                                      | Lung Yen Life Service Corp                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     16000 | NS      | $29188.27     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hsin Kuang Steel Co Ltd                                                         | Hsin Kuang Steel Co Ltd                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     13000 | NS      | $17999.87     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SGC Energy Co Ltd                                                               | SGC Energy Co Ltd                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       395 | NS      | $6461.10      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sumber Tani Agung Resources Tbk PT                                              | Sumber Tani Agung Resources Tbk PT                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |    162900 | NS      | $10703.60     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cathay Financial Holding Co Ltd                                                 | Cathay Financial Holding Co Ltd                                                 | CUSIP: 000000000<br>LEI: 5299009XR1QLFAMQ3X77 | Long             | EC               | CORP              | TW        |    471170 | NS      | $1014133.21   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Lotte Wellfood Co Ltd                                                           | Lotte Wellfood Co Ltd                                                           | CUSIP: 000000000<br>LEI: 988400SZXKR6WK05R430 | Long             | EC               | CORP              | KR        |       167 | NS      | $13699.94     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| DB Inc                                                                          | DB Inc                                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      6843 | NS      | $7540.20      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhejiang Jiuzhou Pharmaceutical Co Ltd                                          | Zhejiang Jiuzhou Pharmaceutical Co Ltd                                          | CUSIP: 000000000<br>LEI: 300300M9CIE6UX0BWZ27 | Long             | EC               | CORP              | CN        |     10800 | NS      | $29509.23     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| DLF Ltd                                                                         | DLF Ltd                                                                         | CUSIP: 000000000<br>LEI: 335800PJLUEOB8914F48 | Long             | EC               | CORP              | IN        |     16547 | NS      | $133156.86    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| NOCIL Ltd                                                                       | NOCIL Ltd                                                                       | CUSIP: 000000000<br>LEI: 335800E78TMI5P232Q87 | Long             | EC               | CORP              | IN        |      7374 | NS      | $14427.63     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Astra Otoparts Tbk PT                                                           | Astra Otoparts Tbk PT                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |     19600 | NS      | $2716.83      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Bukalapak.com PT Tbk                                                            | Bukalapak.com PT Tbk                                                            | CUSIP: 000000000<br>LEI: 89450012N75X9LCSQB06 | Long             | EC               | CORP              | ID        |   3549800 | NS      | $36211.58     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Tabungan Negara Persero Tbk PT                                             | Bank Tabungan Negara Persero Tbk PT                                             | CUSIP: 000000000<br>LEI: 2549009BLYOGL9ZLAW17 | Long             | EC               | CORP              | ID        |    537509 | NS      | $41446.09     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Longfor Group Holdings Ltd                                                      | Longfor Group Holdings Ltd                                                      | CUSIP: 000000000<br>LEI: 254900UJX27B2F1JYR13 | Long             | EC               | CORP              | KY        |    136925 | NS      | $209031.03    | 0.10%             |  |  |  | Yes           |                  1 | On Loan: —       |
| KG Mobility Co                                                                  | KG Mobility Co                                                                  | CUSIP: 000000000<br>LEI: 988400UK90RKZUIZRB82 | Long             | EC               | CORP              | KR        |      4088 | NS      | $9542.21      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Enzyme Technologies Ltd                                                | Advanced Enzyme Technologies Ltd                                                | CUSIP: 000000000<br>LEI: 335800PWJRERMBTUUV90 | Long             | EC               | CORP              | IN        |      3035 | NS      | $11143.42     | 0.01%             |  |  |  | Yes           |                  1 | On Loan: No      |
| JK Tyre & Industries Ltd                                                        | JK Tyre & Industries Ltd                                                        | CUSIP: 000000000<br>LEI: 33580099JDMRD3G39P82 | Long             | EC               | CORP              | IN        |     10161 | NS      | $40981.03     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BOE Technology Group Co Ltd                                                     | BOE Technology Group Co Ltd                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    220300 | NS      | $128742.63    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Kwong Lung Enterprise Co Ltd                                                    | Kwong Lung Enterprise Co Ltd                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     12000 | NS      | $19666.64     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Tsinghua Tongfang Co Ltd                                                        | Tsinghua Tongfang Co Ltd                                                        | CUSIP: 000000000<br>LEI: 300300CGGYP0C7OUYE92 | Long             | EC               | CORP              | CN        |     20700 | NS      | $23583.36     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Jiangsu Guotai International Group Co Ltd                                       | Jiangsu Guotai International Group Co Ltd                                       | CUSIP: 000000000<br>LEI: 300300WBM4CN44R9T352 | Long             | EC               | CORP              | CN        |     10400 | NS      | $13353.47     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Secom Co Ltd                                                             | Taiwan Secom Co Ltd                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      7000 | NS      | $25608.64     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| LX INTERNATIONAL CORP                                                           | LX INTERNATIONAL CORP                                                           | CUSIP: 000000000<br>LEI: 988400KZJVVPCZ6BC265 | Long             | EC               | CORP              | KR        |      3459 | NS      | $78767.72     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Regional Container Lines PCL                                                    | Regional Container Lines PCL                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |     17100 | NS      | $13983.95     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Inventec Corp                                                                   | Inventec Corp                                                                   | CUSIP: 000000000<br>LEI: 391200XSJU5WEVAXB086 | Long             | EC               | CORP              | TW        |    179282 | NS      | $269117.12    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| LG Display Co Ltd                                                               | LG Display Co Ltd                                                               | CUSIP: 50186V102<br>LEI: 988400P37K91W0SABO95 | Long             | EC               | CORP              | KR        |      8853 | NS      | $46212.66     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Korea Electric Terminal Co Ltd                                                  | Korea Electric Terminal Co Ltd                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       682 | NS      | $29748.33     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Raymond Realty Ltd                                                              | Raymond Realty Ltd                                                              | CUSIP: 000000000<br>LEI: 335800Q8FVQUQIKJNB47 | Long             | EC               | CORP              | IN        |      3276 | NS      | $21400.01     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Momentum Group Ltd                                                              | Momentum Group Ltd                                                              | CUSIP: 000000000<br>LEI: 98450051AABCKEC84814 | Long             | EC               | CORP              | ZA        |     65482 | NS      | $124328.59    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Axiomtek Co Ltd                                                                 | Axiomtek Co Ltd                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      8000 | NS      | $21025.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Gujarat State Petronet Ltd                                                      | Gujarat State Petronet Ltd                                                      | CUSIP: 000000000<br>LEI: 335800J69QRMS7KSSR96 | Long             | EC               | CORP              | IN        |     23082 | NS      | $80264.31     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Dishman Carbogen Amcis Ltd                                                      | Dishman Carbogen Amcis Ltd                                                      | CUSIP: 000000000<br>LEI: 335800KM9GDZE9W21C94 | Long             | EC               | CORP              | IN        |      5637 | NS      | $17490.88     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BOC International China Co Ltd                                                  | BOC International China Co Ltd                                                  | CUSIP: 000000000<br>LEI: 3003007E9G154XL2PS13 | Long             | EC               | CORP              | CN        |     14300 | NS      | $28847.29     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Astra International Tbk PT                                                      | Astra International Tbk PT                                                      | CUSIP: 000000000<br>LEI: 529900L49TRJOMG4DK47 | Long             | EC               | CORP              | ID        |   1944500 | NS      | $673836.63    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Oriental Union Chemical Corp                                                    | Oriental Union Chemical Corp                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     57000 | NS      | $23003.48     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Alibaba Group Holding Ltd                                                       | Alibaba Group Holding Ltd                                                       | CUSIP: 000000000<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |    304510 | NS      | $6926062.23   | 3.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldwind Science & Technology Co Ltd                                            | Goldwind Science & Technology Co Ltd                                            | CUSIP: 000000000<br>LEI: 3003008X6GR2ZPYM2V54 | Long             | EC               | CORP              | CN        |     47800 | NS      | $85993.87     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Huaxin Cement Co Ltd                                                            | Huaxin Cement Co Ltd                                                            | CUSIP: 000000000<br>LEI: 300300SD5S95ZOS05G37 | Long             | EC               | CORP              | CN        |     17700 | NS      | $35686.81     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Berli Jucker PCL                                                                | Berli Jucker PCL                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |     64800 | NS      | $40993.67     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Shanxi Meijin Energy Co Ltd                                                     | Shanxi Meijin Energy Co Ltd                                                     | CUSIP: 000000000<br>LEI: 83680052S2RHEGMUGF37 | Long             | EC               | CORP              | CN        |     31400 | NS      | $20820.26     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bluspring Enterprises Ltd                                                       | Bluspring Enterprises Ltd                                                       | CUSIP: 000000000<br>LEI: 335800MGI3NORR24P298 | Long             | EC               | CORP              | IN        |      3874 | NS      | $3323.42      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Stecon Group PCL                                                                | Stecon Group PCL                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |     70300 | NS      | $15945.22     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Godrej Industries Ltd                                                           | Godrej Industries Ltd                                                           | CUSIP: 000000000<br>LEI: 335800689NQUP1QC7221 | Long             | EC               | CORP              | IN        |      1769 | NS      | $23972.19     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Canmax Technologies Co Ltd                                                      | Canmax Technologies Co Ltd                                                      | CUSIP: 000000000<br>LEI: 8368000VRYF7HAR81G71 | Long             | EC               | CORP              | CN        |      4800 | NS      | $16850.86     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Alltop Technology Co Ltd                                                        | Alltop Technology Co Ltd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      3000 | NS      | $24755.56     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Titan Wind Energy Suzhou Co Ltd                                                 | Titan Wind Energy Suzhou Co Ltd                                                 | CUSIP: 000000000<br>LEI: 3003007ZSZNFX2N7JL66 | Long             | EC               | CORP              | CN        |      8800 | NS      | $10149.40     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Sinyi Realty Inc                                                                | Sinyi Realty Inc                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     11000 | NS      | $8680.03      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Otoki Corp                                                                      | Otoki Corp                                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       131 | NS      | $38327.57     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Maoyan Entertainment                                                            | Maoyan Entertainment                                                            | CUSIP: 000000000<br>LEI: 254900DBFLAM1EAPV891 | Long             | EC               | CORP              | KY        |     22130 | NS      | $22693.21     | 0.01%             |  |  |  | Yes           |                  1 | On Loan: —       |
| Jiangsu Zhangjiagang Rural Commercial Bank Co Ltd                               | Jiangsu Zhangjiagang Rural Commercial Bank Co Ltd                               | CUSIP: 000000000<br>LEI: 300300C1115632000095 | Long             | EC               | CORP              | CN        |     27840 | NS      | $16817.14     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Cibest SA                                                                 | Grupo Cibest SA                                                                 | CUSIP: 40090E106<br>LEI: N/A                  | Long             | EC               | CORP              | CO        |      1036 | NS      | $53809.84     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Bidvest Group Ltd                                                               | Bidvest Group Ltd                                                               | CUSIP: 000000000<br>LEI: 5299002ARE4TRMIRGM72 | Long             | EC               | CORP              | ZA        |      3836 | NS      | $47049.31     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| NCC Ltd/India                                                                   | NCC Ltd/India                                                                   | CUSIP: 000000000<br>LEI: 3358004NHG46U9TEGO83 | Long             | EC               | CORP              | IN        |     36382 | NS      | $85070.09     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Chicony Power Technology Co Ltd                                                 | Chicony Power Technology Co Ltd                                                 | CUSIP: 000000000<br>LEI: 254900V2YIHP8ADVM184 | Long             | EC               | CORP              | TW        |      6000 | NS      | $19646.96     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CSSC Hong Kong Shipping Co Ltd                                                  | CSSC Hong Kong Shipping Co Ltd                                                  | CUSIP: 000000000<br>LEI: 3003000ZPNREQ784GR92 | Long             | EC               | CORP              | HK        |     70000 | NS      | $16641.07     | 0.01%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Life Healthcare Group Holdings Ltd                                              | Life Healthcare Group Holdings Ltd                                              | CUSIP: 000000000<br>LEI: 529900NEEWARTDD80135 | Long             | EC               | CORP              | ZA        |     60968 | NS      | $40915.99     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Excelsior Medical Co Ltd                                                        | Excelsior Medical Co Ltd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     13369 | NS      | $37635.68     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Far Eastern Department Stores Ltd                                               | Far Eastern Department Stores Ltd                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     85220 | NS      | $62772.79     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Fire & Marine Insurance Co Ltd                                           | Taiwan Fire & Marine Insurance Co Ltd                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     12000 | NS      | $14764.75     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China XD Electric Co Ltd                                                        | China XD Electric Co Ltd                                                        | CUSIP: 000000000<br>LEI: 300300HKOTURRVW8R464 | Long             | EC               | CORP              | CN        |     23000 | NS      | $21841.83     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Starlux Airlines Co Ltd                                                         | Starlux Airlines Co Ltd                                                         | CUSIP: 000000000<br>LEI: 254900YJTMTNDE0OW924 | Long             | EC               | CORP              | TW        |     14000 | NS      | $11345.89     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Lotte Shopping Co Ltd                                                           | Lotte Shopping Co Ltd                                                           | CUSIP: 000000000<br>LEI: 9884003SJK2VZLLC4B08 | Long             | EC               | CORP              | KR        |       641 | NS      | $32345.82     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Chun Yuan Steel Industry Co Ltd                                                 | Chun Yuan Steel Industry Co Ltd                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     30000 | NS      | $20227.71     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kindom Development Co Ltd                                                       | Kindom Development Co Ltd                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     27720 | NS      | $32742.31     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Orient Semiconductor Electronics Ltd                                            | Orient Semiconductor Electronics Ltd                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     30485 | NS      | $46960.78     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Sinotruk Hong Kong Ltd                                                          | Sinotruk Hong Kong Ltd                                                          | CUSIP: 000000000<br>LEI: 529900BB4WA4W576X724 | Long             | EC               | CORP              | HK        |     49000 | NS      | $144570.45    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Giant Manufacturing Co Ltd                                                      | Giant Manufacturing Co Ltd                                                      | CUSIP: 000000000<br>LEI: 549300M7TYVF50B2GY12 | Long             | EC               | CORP              | TW        |     20000 | NS      | $62274.43     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Indian Bank                                                                     | Indian Bank                                                                     | CUSIP: 000000000<br>LEI: 5493008JR8FCVQ6FJL94 | Long             | EC               | CORP              | IN        |     14634 | NS      | $123284.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Ichia Technologies Inc                                                          | Ichia Technologies Inc                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     11000 | NS      | $18767.64     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| E Ink Holdings Inc                                                              | E Ink Holdings Inc                                                              | CUSIP: 000000000<br>LEI: 529900UOR451FJJYL571 | Long             | EC               | CORP              | TW        |     35000 | NS      | $276182.82    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| China Tower Corp Ltd                                                            | China Tower Corp Ltd                                                            | CUSIP: 000000000<br>LEI: 300300T6BNNP0L7O7H91 | Long             | EC               | CORP              | CN        |    335800 | NS      | $495375.07    | 0.23%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Lotte Chemical Corp                                                             | Lotte Chemical Corp                                                             | CUSIP: 000000000<br>LEI: 988400TPNFJZDPI94Y56 | Long             | EC               | CORP              | KR        |      1267 | NS      | $61135.31     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Alpha Bank SA                                                                   | Alpha Bank SA                                                                   | CUSIP: 000000000<br>LEI: 213800DBQIB6VBNU5C64 | Long             | EC               | CORP              | GR        |    151965 | NS      | $644790.40    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Promotora y Operadora de Infraestructura SAB de CV                              | Promotora y Operadora de Infraestructura SAB de CV                              | CUSIP: 000000000<br>LEI: 52990035X6RK8DBUWA73 | Long             | EC               | CORP              | MX        |      9454 | NS      | $129408.84    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldsun Building Materials Co Ltd                                               | Goldsun Building Materials Co Ltd                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     82973 | NS      | $98958.87     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Xiamen C & D Inc                                                                | Xiamen C & D Inc                                                                | CUSIP: 000000000<br>LEI: 300300NQXZDZZ0OSCN43 | Long             | EC               | CORP              | CN        |     17600 | NS      | $25367.32     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenzhen Kinwong Electronic Co Ltd                                              | Shenzhen Kinwong Electronic Co Ltd                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      3200 | NS      | $28307.29     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Nanjing Xinjiekou Department Store Co Ltd                                       | Nanjing Xinjiekou Department Store Co Ltd                                       | CUSIP: 000000000<br>LEI: 300300PAZXKNZ5SB5382 | Long             | EC               | CORP              | CN        |      6900 | NS      | $7085.67      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Hotai Motor Co Ltd                                                              | Hotai Motor Co Ltd                                                              | CUSIP: 000000000<br>LEI: 254900ZL0NDWNH1MNQ51 | Long             | EC               | CORP              | TW        |     13000 | NS      | $252936.54    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Deepak Fertilisers & Petrochemicals Corp Ltd                                    | Deepak Fertilisers & Petrochemicals Corp Ltd                                    | CUSIP: 000000000<br>LEI: 335800L8H93YOMVGIS05 | Long             | EC               | CORP              | IN        |      4535 | NS      | $76665.51     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Karnataka Bank Ltd/The                                                          | Karnataka Bank Ltd/The                                                          | CUSIP: 000000000<br>LEI: 335800G1GTTVASBXVW10 | Long             | EC               | CORP              | IN        |     29326 | NS      | $57169.83     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| China Traditional Chinese Medicine Holdings Co Ltd                              | China Traditional Chinese Medicine Holdings Co Ltd                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |    260000 | NS      | $81521.98     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenzhen MTC Co Ltd                                                             | Shenzhen MTC Co Ltd                                                             | CUSIP: 000000000<br>LEI: 3003008ZONBTG6638Y63 | Long             | EC               | CORP              | CN        |     42300 | NS      | $39338.06     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Unid Co Ltd                                                                     | Unid Co Ltd                                                                     | CUSIP: 000000000<br>LEI: 984500CDA3EX9409B456 | Long             | EC               | CORP              | KR        |       167 | NS      | $8343.75      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Weibo Corp                                                                      | Weibo Corp                                                                      | CUSIP: 000000000<br>LEI: 549300Q9ID4640FE0422 | Long             | EC               | CORP              | KY        |      2320 | NS      | $29961.64     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Tata Steel Ltd                                                                  | Tata Steel Ltd                                                                  | CUSIP: 000000000<br>LEI: 335800E6C75YGSGD5T66 | Long             | EC               | CORP              | IN        |    430140 | NS      | $818968.25    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Merdeka Battery Materials Tbk PT                                                | Merdeka Battery Materials Tbk PT                                                | CUSIP: 000000000<br>LEI: 98450009A36V139E4C79 | Long             | EC               | CORP              | ID        |    337300 | NS      | $13054.82     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Eurocharm Holdings Co Ltd                                                       | Eurocharm Holdings Co Ltd                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      3000 | NS      | $10925.91     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Orion Holdings Corp                                                             | Orion Holdings Corp                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      2572 | NS      | $37212.93     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Karur Vysya Bank Ltd/The                                                        | Karur Vysya Bank Ltd/The                                                        | CUSIP: 000000000<br>LEI: 335800GFMDHTPWI6JP97 | Long             | EC               | CORP              | IN        |     43450 | NS      | $102766.40    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Publishing & Media Co Ltd                                              | Southern Publishing & Media Co Ltd                                              | CUSIP: 000000000<br>LEI: 30030038NR4CDSDY3592 | Long             | EC               | CORP              | CN        |     10300 | NS      | $19012.85     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BBMG Corp                                                                       | BBMG Corp                                                                       | CUSIP: 000000000<br>LEI: 529900T6R2GKVJ9Y2J16 | Long             | EC               | CORP              | CN        |    103000 | NS      | $11118.04     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Ambassador Hotel/The                                                            | Ambassador Hotel/The                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     14000 | NS      | $19774.92     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dogus Otomotiv Servis ve Ticaret AS                                             | Dogus Otomotiv Servis ve Ticaret AS                                             | CUSIP: 000000000<br>LEI: 789000PVDP82LTUNS694 | Long             | EC               | CORP              | TR        |      5901 | NS      | $24965.24     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TYC Brother Industrial Co Ltd                                                   | TYC Brother Industrial Co Ltd                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     21000 | NS      | $28973.36     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Rizal Commercial Banking Corp                                                   | Rizal Commercial Banking Corp                                                   | CUSIP: 000000000<br>LEI: CIKZWI6KV077KV2E2J69 | Long             | EC               | CORP              | PH        |     47790 | NS      | $20979.97     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Guangzhou Yuexiu Capital Holdings Group Co Ltd                                  | Guangzhou Yuexiu Capital Holdings Group Co Ltd                                  | CUSIP: 000000000<br>LEI: 30030007BQQDXTYNQY69 | Long             | EC               | CORP              | CN        |     18042 | NS      | $19845.45     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| WHA Corp PCL                                                                    | WHA Corp PCL                                                                    | CUSIP: 000000000<br>LEI: 254900E68VLEZZULQP27 | Long             | EC               | CORP              | TH        |    253200 | NS      | $27816.45     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Zyxel Group Corp                                                                | Zyxel Group Corp                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     31438 | NS      | $35019.36     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Albaraka Turk Katilim Bankasi AS                                                | Albaraka Turk Katilim Bankasi AS                                                | CUSIP: 000000000<br>LEI: 789000EJPSW14F8KVG81 | Long             | EC               | CORP              | TR        |    137184 | NS      | $27286.84     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| COFCO Sugar Holding Co Ltd                                                      | COFCO Sugar Holding Co Ltd                                                      | CUSIP: 000000000<br>LEI: 300300CAHQDI178WDM76 | Long             | EC               | CORP              | CN        |     15600 | NS      | $34954.24     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Power Mech Projects Ltd                                                         | Power Mech Projects Ltd                                                         | CUSIP: 000000000<br>LEI: 3358009YJKJYYTZ5VA59 | Long             | EC               | CORP              | IN        |       484 | NS      | $14810.75     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| JSW Energy Ltd                                                                  | JSW Energy Ltd                                                                  | CUSIP: 000000000<br>LEI: 3358001ZFBW2VIMBMI85 | Long             | EC               | CORP              | IN        |     13525 | NS      | $81175.51     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Hesteel Co Ltd                                                                  | Hesteel Co Ltd                                                                  | CUSIP: 000000000<br>LEI: 300300AZISPESC4OA235 | Long             | EC               | CORP              | CN        |     65500 | NS      | $23371.66     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhejiang Wanliyang Co Ltd                                                       | Zhejiang Wanliyang Co Ltd                                                       | CUSIP: 000000000<br>LEI: 3003004M3U88RF1NKD27 | Long             | EC               | CORP              | CN        |     11400 | NS      | $15886.60     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hisense Visual Technology Co Ltd                                                | Hisense Visual Technology Co Ltd                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      8800 | NS      | $29817.73     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Walsin Lihwa Corp                                                               | Walsin Lihwa Corp                                                               | CUSIP: 000000000<br>LEI: 254900SKYY99YINZ3U83 | Long             | EC               | CORP              | TW        |    160198 | NS      | $136398.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Yunnan Aluminium Co Ltd                                                         | Yunnan Aluminium Co Ltd                                                         | CUSIP: 000000000<br>LEI: 3003008AXWSVMLG3MX37 | Long             | EC               | CORP              | CN        |     18200 | NS      | $52668.77     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Shriram Pistons & Rings Ltd                                                     | Shriram Pistons & Rings Ltd                                                     | CUSIP: 000000000<br>LEI: 335800FCJADHLO77JO64 | Long             | EC               | CORP              | IN        |       500 | NS      | $15145.50     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CJ Logistics Corp                                                               | CJ Logistics Corp                                                               | CUSIP: 000000000<br>LEI: 988400MIXJ2YDYLYR916 | Long             | EC               | CORP              | KR        |       649 | NS      | $38947.86     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Thirumalai Chemicals Ltd                                                        | Thirumalai Chemicals Ltd                                                        | CUSIP: 000000000<br>LEI: 335800MIJ2YH47XEXQ24 | Long             | EC               | CORP              | IN        |      4154 | NS      | $13139.63     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Salfacorp SA                                                                    | Salfacorp SA                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CL        |     43853 | NS      | $42419.41     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| S-Oil Corp                                                                      | S-Oil Corp                                                                      | CUSIP: 000000000<br>LEI: 988400QTUXYDN8W3MZ32 | Long             | EC               | CORP              | KR        |      2562 | NS      | $113943.77    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Haier Smart Home Co Ltd                                                         | Haier Smart Home Co Ltd                                                         | CUSIP: 000000000<br>LEI: 3003002BYTNGNJTWSH07 | Long             | EC               | CORP              | CN        |    144600 | NS      | $470854.22    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Asia - Potash International Investment Guangzhou Co Ltd                         | Asia - Potash International Investment Guangzhou Co Ltd                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      4400 | NS      | $24211.45     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sharjah Islamic Bank                                                            | Sharjah Islamic Bank                                                            | CUSIP: 000000000<br>LEI: 254900ZQNTQPRR3WFS97 | Long             | EC               | CORP              | AE        |     57449 | NS      | $44106.72     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Yes Bank Ltd                                                                    | Yes Bank Ltd                                                                    | CUSIP: 000000000<br>LEI: 335800X6WKDDXJUSFZ86 | Long             | EC               | CORP              | IN        |    581105 | NS      | $139404.33    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Genting Bhd                                                                     | Genting Bhd                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |    179200 | NS      | $124335.04    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Cyient Ltd                                                                      | Cyient Ltd                                                                      | CUSIP: 000000000<br>LEI: 335800MJOXTUJ22Y4T72 | Long             | EC               | CORP              | IN        |      3556 | NS      | $45837.36     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Yulon Finance Corp                                                              | Yulon Finance Corp                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     16800 | NS      | $55948.55     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Baroda                                                                  | Bank of Baroda                                                                  | CUSIP: 000000000<br>LEI: 549300CQ6M9Q0TJEZR23 | Long             | EC               | CORP              | IN        |     74524 | NS      | $216986.32    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| United Microelectronics Corp                                                    | United Microelectronics Corp                                                    | CUSIP: 000000000<br>LEI: 391200YJCAGH9LF96P73 | Long             | EC               | CORP              | TW        |    499513 | NS      | $746532.49    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Maharashtra                                                             | Bank of Maharashtra                                                             | CUSIP: 000000000<br>LEI: 3358006F5LXCNN65HW12 | Long             | EC               | CORP              | IN        |     39556 | NS      | $24948.39     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| TTY Biopharm Co Ltd                                                             | TTY Biopharm Co Ltd                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     17000 | NS      | $43674.13     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| ADATA Technology Co Ltd                                                         | ADATA Technology Co Ltd                                                         | CUSIP: 000000000<br>LEI: 254900HGW1A8G9AY5447 | Long             | EC               | CORP              | TW        |     20450 | NS      | $105343.20    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Sealand Securities Co Ltd                                                       | Sealand Securities Co Ltd                                                       | CUSIP: 000000000<br>LEI: 300300E1000345000084 | Long             | EC               | CORP              | CN        |     24800 | NS      | $15851.77     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanwha Life Insurance Co Ltd                                                    | Hanwha Life Insurance Co Ltd                                                    | CUSIP: 000000000<br>LEI: 988400ZKCI3R9DQHR320 | Long             | EC               | CORP              | KR        |     20246 | NS      | $45382.32     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CMC Magnetics Corp                                                              | CMC Magnetics Corp                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     31979 | NS      | $9443.24      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Shin Ruenn Development Co Ltd                                                   | Shin Ruenn Development Co Ltd                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      5650 | NS      | $11771.61     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China Resources Building Materials Technology Holdings Ltd                      | China Resources Building Materials Technology Holdings Ltd                      | CUSIP: 000000000<br>LEI: 529900E0EOYXYJ0GHY66 | Long             | EC               | CORP              | KY        |    238000 | NS      | $55356.31     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERGREEN Steel Corp                                                            | EVERGREEN Steel Corp                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     13000 | NS      | $41246.14     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Financiero Inbursa SAB de CV                                              | Grupo Financiero Inbursa SAB de CV                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |     82787 | NS      | $228513.55    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Han's Laser Technology Industry Group Co Ltd                                    | Han's Laser Technology Industry Group Co Ltd                                    | CUSIP: 000000000<br>LEI: 300300MZXZR87BGKOZ23 | Long             | EC               | CORP              | CN        |      3000 | NS      | $17156.82     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Nava Ltd                                                                        | Nava Ltd                                                                        | CUSIP: 000000000<br>LEI: 3358001S6IZR91SKJT54 | Long             | EC               | CORP              | IN        |      7969 | NS      | $58433.28     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| China Development Bank Financial Leasing Co Ltd                                 | China Development Bank Financial Leasing Co Ltd                                 | CUSIP: 000000000<br>LEI: 3003001Y2JXAVQAIZ618 | Long             | EC               | CORP              | CN        |    128000 | NS      | $29278.01     | 0.01%             |  |  |  | Yes           |                  1 | On Loan: No      |
| West Coast Paper Mills Ltd                                                      | West Coast Paper Mills Ltd                                                      | CUSIP: 000000000<br>LEI: 335800L5PBYRF2OUG772 | Long             | EC               | CORP              | IN        |      3247 | NS      | $17180.56     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AcBel Polytech Inc                                                              | AcBel Polytech Inc                                                              | CUSIP: 000000000<br>LEI: 254900BQVM5V0IY7RQ62 | Long             | EC               | CORP              | TW        |     51000 | NS      | $50953.15     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Chinasoft International Ltd                                                     | Chinasoft International Ltd                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |    164000 | NS      | $133190.27    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Petronet LNG Ltd                                                                | Petronet LNG Ltd                                                                | CUSIP: 000000000<br>LEI: 335800KIIKNA7GRD9351 | Long             | EC               | CORP              | IN        |     67706 | NS      | $212713.76    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Korea Line Corp                                                                 | Korea Line Corp                                                                 | CUSIP: 000000000<br>LEI: 988400Y1R0Y8FLIV2742 | Long             | EC               | CORP              | KR        |     16631 | NS      | $20411.66     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ZTO Express Cayman Inc                                                          | ZTO Express Cayman Inc                                                          | CUSIP: 000000000<br>LEI: 549300SCJPK3YZJTJR78 | Long             | EC               | CORP              | KY        |     25450 | NS      | $482382.31    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AFFIN Bank Bhd                                                                  | AFFIN Bank Bhd                                                                  | CUSIP: 000000000<br>LEI: 2549002RX9QANY14OL51 | Long             | EC               | CORP              | MY        |     47901 | NS      | $26519.98     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GS Engineering & Construction Corp                                              | GS Engineering & Construction Corp                                              | CUSIP: 000000000<br>LEI: 988400BQ69DJXXFA0D28 | Long             | EC               | CORP              | KR        |      2015 | NS      | $26425.29     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| OCI Holdings Co Ltd                                                             | OCI Holdings Co Ltd                                                             | CUSIP: 000000000<br>LEI: 988400XZQA7CG16LDK87 | Long             | EC               | CORP              | KR        |       995 | NS      | $62690.57     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Gloria Material Technology Corp                                                 | Gloria Material Technology Corp                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     34392 | NS      | $40397.45     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Jain Irrigation Systems Ltd                                                     | Jain Irrigation Systems Ltd                                                     | CUSIP: 000000000<br>LEI: 3358004C17EYJMMSOO84 | Long             | EC               | CORP              | IN        |     17519 | NS      | $10350.94     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Grasim Industries Ltd                                                           | Grasim Industries Ltd                                                           | CUSIP: 000000000<br>LEI: 335800WLY7FOIT3ERV21 | Long             | EC               | CORP              | IN        |     17963 | NS      | $560201.01    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Forcecon Tech Co Ltd                                                            | Forcecon Tech Co Ltd                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      5913 | NS      | $20758.94     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Wushang Group Co Ltd                                                            | Wushang Group Co Ltd                                                            | CUSIP: 000000000<br>LEI: 3003001APGY4JJ1TAL65 | Long             | EC               | CORP              | CN        |     12600 | NS      | $17204.87     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| PTT Global Chemical PCL                                                         | PTT Global Chemical PCL                                                         | CUSIP: 000000000<br>LEI: 5493007X3230PPPZFF40 | Long             | EC               | CORP              | TH        |    123028 | NS      | $94534.71     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| China Shineway Pharmaceutical Group Ltd                                         | China Shineway Pharmaceutical Group Ltd                                         | CUSIP: 000000000<br>LEI: 5299001VVE1YDGPXXR74 | Long             | EC               | CORP              | KY        |     36000 | NS      | $38720.37     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Dongyue Group Ltd                                                               | Dongyue Group Ltd                                                               | CUSIP: 000000000<br>LEI: 529900EJNEZTJBHCHW95 | Long             | EC               | CORP              | KY        |    104000 | NS      | $162242.11    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Postal Savings Bank of China Co Ltd                                             | Postal Savings Bank of China Co Ltd                                             | CUSIP: 000000000<br>LEI: 300300C1040311005298 | Long             | EC               | CORP              | CN        |    571000 | NS      | $400627.09    | 0.19%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Arvind Ltd                                                                      | Arvind Ltd                                                                      | CUSIP: 000000000<br>LEI: 335800W8K4QFXZ2IUW51 | Long             | EC               | CORP              | IN        |     13452 | NS      | $46057.73     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Medco Energi Internasional Tbk PT                                               | Medco Energi Internasional Tbk PT                                               | CUSIP: 000000000<br>LEI: 254900YN7RH1JFLP4J36 | Long             | EC               | CORP              | ID        |   1095352 | NS      | $90046.94     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Ta Ya Electric Wire & Cable                                                     | Ta Ya Electric Wire & Cable                                                     | CUSIP: 000000000<br>LEI: 2138008LPIVEMGGGMA24 | Long             | EC               | CORP              | TW        |     47958 | NS      | $63255.84     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Islam Malaysia Bhd                                                         | Bank Islam Malaysia Bhd                                                         | CUSIP: 000000000<br>LEI: 254900C59ULCE3MXMT50 | Long             | EC               | CORP              | MY        |     68600 | NS      | $37327.79     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Perusahaan Perkebunan London Sumatra Indonesia Tbk PT                           | Perusahaan Perkebunan London Sumatra Indonesia Tbk PT                           | CUSIP: 000000000<br>LEI: 5299004YVLW9J08ITY27 | Long             | EC               | CORP              | ID        |    154500 | NS      | $12562.11     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Macronix International Co Ltd                                                   | Macronix International Co Ltd                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     72171 | NS      | $59317.66     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| LUKOIL PJSC                                                                     | LUKOIL PJSC                                                                     | CUSIP: 69343P105<br>LEI: 549300LCJ1UJXHYBWI24 | Long             | EC               | CORP              | RU        |     15271 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Qingdao Port International Co Ltd                                               | Qingdao Port International Co Ltd                                               | CUSIP: 000000000<br>LEI: 529900URO8Y3C7A1JM55 | Long             | EC               | CORP              | CN        |     56000 | NS      | $51884.17     | 0.02%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Indian Railway Finance Corp Ltd                                                 | Indian Railway Finance Corp Ltd                                                 | CUSIP: 000000000<br>LEI: 335800F2JHSOGXQEBY56 | Long             | EC               | CORP              | IN        |     17190 | NS      | $23890.93     | 0.01%             |  |  |  | Yes           |                  1 | On Loan: No      |
| HD Hyundai Co Ltd                                                               | HD Hyundai Co Ltd                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      1757 | NS      | $194603.04    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Sichuan Road and Bridge Group Co Ltd                                            | Sichuan Road and Bridge Group Co Ltd                                            | CUSIP: 000000000<br>LEI: 3003007YDF25LKX9OI30 | Long             | EC               | CORP              | CN        |     28840 | NS      | $32776.18     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Valid Solucoes e Servicos de Seguranca em Meios de Pagamento e Identificacao SA | Valid Solucoes e Servicos de Seguranca em Meios de Pagamento e Identificacao SA | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |      4800 | NS      | $19074.64     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Globalwafers Co Ltd                                                             | Globalwafers Co Ltd                                                             | CUSIP: 000000000<br>LEI: 529900V6RTNF3U5EGX67 | Long             | EC               | CORP              | TW        |     15000 | NS      | $229591.84    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| First Tractor Co Ltd                                                            | First Tractor Co Ltd                                                            | CUSIP: 000000000<br>LEI: 529900R2SRU8JPHKRZ93 | Long             | EC               | CORP              | CN        |     12000 | NS      | $10886.73     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Shanghai Rural Commercial Bank Co Ltd                                           | Shanghai Rural Commercial Bank Co Ltd                                           | CUSIP: 000000000<br>LEI: 300300C1122131000095 | Long             | EC               | CORP              | CN        |      9600 | NS      | $11031.62     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| DCW Ltd                                                                         | DCW Ltd                                                                         | CUSIP: 000000000<br>LEI: 9845003NGD60E4B46F52 | Long             | EC               | CORP              | IN        |      9094 | NS      | $6952.47      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Brands Manufacture Ltd                                                   | Global Brands Manufacture Ltd                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     21888 | NS      | $86178.88     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Sociedad Matriz SAAM SA                                                         | Sociedad Matriz SAAM SA                                                         | CUSIP: 000000000<br>LEI: 9845008ACDCF5F08DC70 | Long             | EC               | CORP              | CL        |    298644 | NS      | $38206.85     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Run Long Construction Co Ltd                                                    | Run Long Construction Co Ltd                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     34000 | NS      | $32016.54     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Lianhe Chemical Technology Co Ltd                                               | Lianhe Chemical Technology Co Ltd                                               | CUSIP: 000000000<br>LEI: 300300OSEGLFNG6BMT61 | Long             | EC               | CORP              | CN        |      6700 | NS      | $10315.73     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| China National Chemical Engineering Co Ltd                                      | China National Chemical Engineering Co Ltd                                      | CUSIP: 000000000<br>LEI: 300300PQKHJ03AUIIX32 | Long             | EC               | CORP              | CN        |     38700 | NS      | $40448.13     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| COSCO SHIPPING International Hong Kong Co Ltd                                   | COSCO SHIPPING International Hong Kong Co Ltd                                   | CUSIP: 000000000<br>LEI: 5299006WPMBG8600YI62 | Long             | EC               | CORP              | BM        |     34000 | NS      | $25297.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| 361 Degrees International Ltd                                                   | 361 Degrees International Ltd                                                   | CUSIP: 000000000<br>LEI: 2138008WRC2652IBSX12 | Long             | EC               | CORP              | KY        |     71000 | NS      | $57114.22     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Kunlun Energy Co Ltd                                                            | Kunlun Energy Co Ltd                                                            | CUSIP: 000000000<br>LEI: 5299007GRIKP15GM4927 | Long             | EC               | CORP              | BM        |    354000 | NS      | $316609.59    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Dharma Satya Nusantara Tbk PT                                                   | Dharma Satya Nusantara Tbk PT                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |    140700 | NS      | $13930.69     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Beijing Yanjing Brewery Co Ltd                                                  | Beijing Yanjing Brewery Co Ltd                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      9600 | NS      | $16358.62     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China Pacific Insurance Group Co Ltd                                            | China Pacific Insurance Group Co Ltd                                            | CUSIP: 000000000<br>LEI: 529900BA5ILEL308WX03 | Long             | EC               | CORP              | CN        |     94200 | NS      | $375010.89    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Tianma Microelectronics Co Ltd                                                  | Tianma Microelectronics Co Ltd                                                  | CUSIP: 000000000<br>LEI: 300300KWFVVYL0LL8S83 | Long             | EC               | CORP              | CN        |     15500 | NS      | $21600.21     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Inner Mongolia Berun Chemical Co Ltd                                            | Inner Mongolia Berun Chemical Co Ltd                                            | CUSIP: 000000000<br>LEI: 300300HF6XQ50FSVY467 | Long             | EC               | CORP              | CN        |     34700 | NS      | $30954.07     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Shandong Publishing & Media Co Ltd                                              | Shandong Publishing & Media Co Ltd                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     13000 | NS      | $13989.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Asseco Poland SA                                                                | Asseco Poland SA                                                                | CUSIP: 000000000<br>LEI: 259400O79EWIK4XZPL40 | Long             | EC               | CORP              | PL        |      3450 | NS      | $190219.14    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Birla Corp Ltd                                                                  | Birla Corp Ltd                                                                  | CUSIP: 000000000<br>LEI: 335800FXJEORKO4ZHT12 | Long             | EC               | CORP              | IN        |      3237 | NS      | $44477.93     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Daewoo Engineering & Construction Co Ltd                                        | Daewoo Engineering & Construction Co Ltd                                        | CUSIP: 000000000<br>LEI: 988400P76EU13V47BI82 | Long             | EC               | CORP              | KR        |     18960 | NS      | $48378.03     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| China New Higher Education Group Ltd                                            | China New Higher Education Group Ltd                                            | CUSIP: 000000000<br>LEI: 549300UQUTN69WGJ7J09 | Long             | EC               | CORP              | KY        |     94587 | NS      | $15679.52     | 0.01%             |  |  |  | Yes           |                  1 | On Loan: No      |
| TXC Corp                                                                        | TXC Corp                                                                        | CUSIP: 000000000<br>LEI: 2549009ETP4MVNMFIU61 | Long             | EC               | CORP              | TW        |     16000 | NS      | $47719.67     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| L&K Engineering Co Ltd                                                          | L&K Engineering Co Ltd                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      7397 | NS      | $87129.18     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| China Merchants Bank Co Ltd                                                     | China Merchants Bank Co Ltd                                                     | CUSIP: 000000000<br>LEI: 549300MKO5B60FFIHF58 | Long             | EC               | CORP              | CN        |    212500 | NS      | $1276865.05   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| China Metal Products                                                            | China Metal Products                                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     31000 | NS      | $27716.71     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Agricultural Bank of China Ltd                                                  | Agricultural Bank of China Ltd                                                  | CUSIP: 000000000<br>LEI: 549300E7TSGLCOVSY746 | Long             | EC               | CORP              | CN        |   1402000 | NS      | $945842.62    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Aluminum Corp of China Ltd                                                      | Aluminum Corp of China Ltd                                                      | CUSIP: 000000000<br>LEI: 529900TKZUWQLIQN6T48 | Long             | EC               | CORP              | CN        |    216000 | NS      | $223995.27    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenzhen YUTO Packaging Technology Co Ltd                                       | Shenzhen YUTO Packaging Technology Co Ltd                                       | CUSIP: 000000000<br>LEI: 300300FSMGQ1XKYWTT66 | Long             | EC               | CORP              | CN        |      4900 | NS      | $18853.96     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Samvardhana Motherson International Ltd                                         | Samvardhana Motherson International Ltd                                         | CUSIP: 000000000<br>LEI: 335800C7BQ19CKG8GH63 | Long             | EC               | CORP              | IN        |    333747 | NS      | $397126.56    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CyberPower Systems Inc                                                          | CyberPower Systems Inc                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      2000 | NS      | $13714.81     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| LG Balakrishnan & Bros Ltd                                                      | LG Balakrishnan & Bros Ltd                                                      | CUSIP: 000000000<br>LEI: 335800PS5A362RVJHP73 | Long             | EC               | CORP              | IN        |      1438 | NS      | $22669.19     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| EID Parry India Ltd                                                             | EID Parry India Ltd                                                             | CUSIP: 000000000<br>LEI: 3358004ZRHS61EF74X68 | Long             | EC               | CORP              | IN        |      7288 | NS      | $83814.41     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Orient Cement Ltd                                                               | Orient Cement Ltd                                                               | CUSIP: 000000000<br>LEI: 335800GWMUH19K5PDZ48 | Long             | EC               | CORP              | IN        |      4032 | NS      | $9953.67      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Foods Corp                                                             | Standard Foods Corp                                                             | CUSIP: 000000000<br>LEI: 529900Z75SWDTBZ8IC92 | Long             | EC               | CORP              | TW        |     31000 | NS      | $30717.24     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ta Ann Holdings Bhd                                                             | Ta Ann Holdings Bhd                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     12260 | NS      | $12089.58     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Greatek Electronics Inc                                                         | Greatek Electronics Inc                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     16000 | NS      | $33125.53     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Pepkor Holdings Ltd                                                             | Pepkor Holdings Ltd                                                             | CUSIP: 000000000<br>LEI: 3789006D677C34F69875 | Long             | EC               | CORP              | ZA        |    170124 | NS      | $239473.91    | 0.11%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Mingfa Group International Co Ltd                                               | Mingfa Group International Co Ltd                                               | CUSIP: 000000000<br>LEI: 8755004Q80WSH4ZPZA84 | Long             | EC               | CORP              | KY        |     91000 | NS      | $1520.18      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhejiang Longsheng Group Co Ltd                                                 | Zhejiang Longsheng Group Co Ltd                                                 | CUSIP: 000000000<br>LEI: 300300XYB5YIMVFQA157 | Long             | EC               | CORP              | CN        |     19300 | NS      | $27031.31     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Airtac International Group                                                      | Airtac International Group                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |      6000 | NS      | $148238.07    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Cochin Shipyard Ltd                                                             | Cochin Shipyard Ltd                                                             | CUSIP: 000000000<br>LEI: 3358006BM5LULPW8CY42 | Long             | EC               | CORP              | IN        |       105 | NS      | $2122.74      | 0.00%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Dubai Investments PJSC                                                          | Dubai Investments PJSC                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AE        |    167588 | NS      | $137791.69    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Godawari Power and Ispat Ltd                                                    | Godawari Power and Ispat Ltd                                                    | CUSIP: 000000000<br>LEI: 335800BC29IHAN5IOG37 | Long             | EC               | CORP              | IN        |     11830 | NS      | $32629.89     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Clevo Co                                                                        | Clevo Co                                                                        | CUSIP: 000000000<br>LEI: 213800XWRMJ4LU8URV21 | Long             | EC               | CORP              | TW        |     28000 | NS      | $38171.80     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| GCL Energy Technology Co Ltd                                                    | GCL Energy Technology Co Ltd                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      4200 | NS      | $6997.59      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Lens Technology Co Ltd                                                          | Lens Technology Co Ltd                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     14740 | NS      | $69326.22     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Chemical & Pharmaceutical Co Ltd                                       | Standard Chemical & Pharmaceutical Co Ltd                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      5000 | NS      | $9301.79      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| GoerTek Inc                                                                     | GoerTek Inc                                                                     | CUSIP: 000000000<br>LEI: 300300FEEFS8BQPXIV57 | Long             | EC               | CORP              | CN        |     12100 | NS      | $63742.81     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergreen International Storage & Transport Corp                                | Evergreen International Storage & Transport Corp                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     54000 | NS      | $62011.94     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Lotte Corp                                                                      | Lotte Corp                                                                      | CUSIP: 000000000<br>LEI: 988400HKP8IPW74L3K25 | Long             | EC               | CORP              | KR        |      1582 | NS      | $32642.39     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| TravelSky Technology Ltd                                                        | TravelSky Technology Ltd                                                        | CUSIP: 000000000<br>LEI: 5299007TAWP4DZ6QFG73 | Long             | EC               | CORP              | CN        |     49000 | NS      | $66870.13     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Siam Cement PCL/The                                                             | Siam Cement PCL/The                                                             | CUSIP: 000000000<br>LEI: 254900RMCZY0X6F2KB70 | Long             | EC               | CORP              | TH        |     31500 | NS      | $223576.61    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Aditya Birla Capital Ltd                                                        | Aditya Birla Capital Ltd                                                        | CUSIP: 000000000<br>LEI: 5299009K0PUXVSIRL787 | Long             | EC               | CORP              | IN        |     49870 | NS      | $164457.05    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Guangdong Construction Engineering Group Co Ltd                                 | Guangdong Construction Engineering Group Co Ltd                                 | CUSIP: 000000000<br>LEI: 30030036R53SLJS5FF57 | Long             | EC               | CORP              | CN        |     42300 | NS      | $22640.18     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Jiangsu Lihua Foods Group Co Ltd                                                | Jiangsu Lihua Foods Group Co Ltd                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      4320 | NS      | $13175.23     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Card Co Ltd                                                             | Samsung Card Co Ltd                                                             | CUSIP: 000000000<br>LEI: 988400B548F73NBDMH75 | Long             | EC               | CORP              | KR        |      2083 | NS      | $77645.77     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Primax Electronics Ltd                                                          | Primax Electronics Ltd                                                          | CUSIP: 000000000<br>LEI: 254900JO4CQFFG7AIQ15 | Long             | EC               | CORP              | TW        |     25000 | NS      | $64472.73     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Mango Excellent Media Co Ltd                                                    | Mango Excellent Media Co Ltd                                                    | CUSIP: 000000000<br>LEI: 300300JPUGO17MZHPP76 | Long             | EC               | CORP              | CN        |      8800 | NS      | $44207.38     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Mah Sing Group Bhd                                                              | Mah Sing Group Bhd                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |    125685 | NS      | $33149.66     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco ABC Brasil SA                                                             | Banco ABC Brasil SA                                                             | CUSIP: 000000000<br>LEI: 549300K1V1WOTCGNSI96 | Long             | EP               | CORP              | BR        |      9087 | NS      | $39696.13     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Aygaz AS                                                                        | Aygaz AS                                                                        | CUSIP: 000000000<br>LEI: 7890000PALXE0100Q814 | Long             | EC               | CORP              | TR        |      2629 | NS      | $11533.46     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dr Reddy's Laboratories Ltd                                                     | Dr Reddy's Laboratories Ltd                                                     | CUSIP: 256135203<br>LEI: 335800OVDPY3DVZR2798 | Long             | EC               | CORP              | IN        |     39575 | NS      | $553258.50    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| China Foods Ltd                                                                 | China Foods Ltd                                                                 | CUSIP: 000000000<br>LEI: 529900SKC2U9O25M2019 | Long             | EC               | CORP              | BM        |     86000 | NS      | $48735.86     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Genting Plantations Bhd                                                         | Genting Plantations Bhd                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     23600 | NS      | $27197.34     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanon Systems                                                                   | Hanon Systems                                                                   | CUSIP: 000000000<br>LEI: 5493004WIDNO4WOEYG91 | Long             | EC               | CORP              | KR        |     10240 | NS      | $22260.08     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Industrial Securities Co Ltd                                                    | Industrial Securities Co Ltd                                                    | CUSIP: 000000000<br>LEI: 300300E1011435000093 | Long             | EC               | CORP              | CN        |     28910 | NS      | $26560.75     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ZTE Corp                                                                        | ZTE Corp                                                                        | CUSIP: 000000000<br>LEI: 3003004FBGVVG1CW5U45 | Long             | EC               | CORP              | CN        |     20600 | NS      | $93973.88     | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| China CAMC Engineering Co Ltd                                                   | China CAMC Engineering Co Ltd                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      4400 | NS      | $5117.97      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Bizlink Holding Inc                                                             | Bizlink Holding Inc                                                             | CUSIP: 000000000<br>LEI: 213800YAKRFVU5XOX138 | Long             | EC               | CORP              | KY        |      8108 | NS      | $274008.79    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Guosen Securities Co Ltd                                                        | Guosen Securities Co Ltd                                                        | CUSIP: 000000000<br>LEI: 254900SSGIWSMEOHDN82 | Long             | EC               | CORP              | CN        |     22400 | NS      | $42575.56     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Kaveri Seed Co Ltd                                                              | Kaveri Seed Co Ltd                                                              | CUSIP: 000000000<br>LEI: 894500FEWZB4Q6S1O477 | Long             | EC               | CORP              | IN        |      1897 | NS      | $22540.41     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Poly Property Group Co Ltd                                                      | Poly Property Group Co Ltd                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | HK        |    106431 | NS      | $23934.14     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| JD Health International Inc                                                     | JD Health International Inc                                                     | CUSIP: 000000000<br>LEI: 254900OM3MAXYK8PCC84 | Long             | EC               | CORP              | KY        |     25700 | NS      | $219617.19    | 0.10%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Dongkuk Steel Mill Co Ltd                                                       | Dongkuk Steel Mill Co Ltd                                                       | CUSIP: 000000000<br>LEI: 988400PW9HYUXLUEAD31 | Long             | EC               | CORP              | KR        |      3583 | NS      | $23392.10     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ayala Land Inc                                                                  | Ayala Land Inc                                                                  | CUSIP: 000000000<br>LEI: 254900EWT10TQ6DKTV34 | Long             | EC               | CORP              | PH        |    354500 | NS      | $148317.44    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Sebang Global Battery Co Ltd                                                    | Sebang Global Battery Co Ltd                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       697 | NS      | $31694.24     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Hon Hai Precision Industry Co Ltd                                               | Hon Hai Precision Industry Co Ltd                                               | CUSIP: 000000000<br>LEI: 30030004CM3GSZXX7O56 | Long             | EC               | CORP              | TW        |    654068 | NS      | $4635431.72   | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Ceat Ltd                                                                        | Ceat Ltd                                                                        | CUSIP: 000000000<br>LEI: 3358007DPAGLLYGSGB80 | Long             | EC               | CORP              | IN        |      2913 | NS      | $110412.75    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Fubon Financial Holding Co Ltd                                                  | Fubon Financial Holding Co Ltd                                                  | CUSIP: 000000000<br>LEI: 549300G7Y2TS2XNIB476 | Long             | EC               | CORP              | TW        |    530823 | NS      | $1537885.39   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Batu Kawan Bhd                                                                  | Batu Kawan Bhd                                                                  | CUSIP: 000000000<br>LEI: 25490092FDH2KVUHK569 | Long             | EC               | CORP              | MY        |     16500 | NS      | $73786.38     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Korean Reinsurance Co                                                           | Korean Reinsurance Co                                                           | CUSIP: 000000000<br>LEI: 988400GFST66YNV5UF89 | Long             | EC               | CORP              | KR        |     12649 | NS      | $98267.42     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Eco World Development Group Bhd                                                 | Eco World Development Group Bhd                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     67900 | NS      | $35333.49     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| HAESUNG DS Co Ltd                                                               | HAESUNG DS Co Ltd                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       586 | NS      | $12863.97     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Kumba Iron Ore Ltd                                                              | Kumba Iron Ore Ltd                                                              | CUSIP: 000000000<br>LEI: 3789006C753402643048 | Long             | EC               | CORP              | ZA        |      2189 | NS      | $41175.25     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Unichem Laboratories Ltd                                                        | Unichem Laboratories Ltd                                                        | CUSIP: 000000000<br>LEI: 3358008AHXLO9H4C2Q20 | Long             | EC               | CORP              | IN        |      1313 | NS      | $6795.04      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Canara Bank                                                                     | Canara Bank                                                                     | CUSIP: 000000000<br>LEI: 335800E4RH82Z8XC3C30 | Long             | EC               | CORP              | IN        |    128930 | NS      | $180045.68    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| TCL Zhonghuan Renewable Energy Technology Co Ltd                                | TCL Zhonghuan Renewable Energy Technology Co Ltd                                | CUSIP: 000000000<br>LEI: 300300Y3UHPAM1FB1Y03 | Long             | EC               | CORP              | CN        |     16000 | NS      | $20341.51     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Chang Wah Technology Co Ltd                                                     | Chang Wah Technology Co Ltd                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     11000 | NS      | $12415.51     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Wowprime Corp                                                                   | Wowprime Corp                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      3000 | NS      | $22639.28     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Just Dial Ltd                                                                   | Just Dial Ltd                                                                   | CUSIP: 000000000<br>LEI: 894500VMGYJE9GSAZ158 | Long             | EC               | CORP              | IN        |      1076 | NS      | $10040.91     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Voltamp Transformers Ltd                                                        | Voltamp Transformers Ltd                                                        | CUSIP: 000000000<br>LEI: 335800TOSPIKGI35EB96 | Long             | EC               | CORP              | IN        |       223 | NS      | $18208.95     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexteer Automotive Group Ltd                                                    | Nexteer Automotive Group Ltd                                                    | CUSIP: 000000000<br>LEI: 529900O9GGNBKMJ9UO48 | Long             | EC               | CORP              | KY        |     69000 | NS      | $75721.38     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIC Ltd                                                                       | CITIC Ltd                                                                       | CUSIP: 000000000<br>LEI: 2549006I3Q3M98KHOT11 | Long             | EC               | CORP              | HK        |    209000 | NS      | $306707.19    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Dana Gas PJSC                                                                   | Dana Gas PJSC                                                                   | CUSIP: 000000000<br>LEI: 254900RDMPHWDEJBUW56 | Long             | EC               | CORP              | AE        |    486882 | NS      | $100741.98    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| LG Display Co Ltd                                                               | LG Display Co Ltd                                                               | CUSIP: 000000000<br>LEI: 988400P37K91W0SABO95 | Long             | EC               | CORP              | KR        |     16033 | NS      | $164666.64    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Castles Technology Co Ltd                                                       | Castles Technology Co Ltd                                                       | CUSIP: 000000000<br>LEI: 875500PDN02YOD0QN039 | Long             | EC               | CORP              | TW        |      4200 | NS      | $10542.03     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Phison Electronics Corp                                                         | Phison Electronics Corp                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      9000 | NS      | $208478.25    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartalega Holdings Bhd                                                          | Hartalega Holdings Bhd                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     69700 | NS      | $19377.21     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sinbon Electronics Co Ltd                                                       | Sinbon Electronics Co Ltd                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     11000 | NS      | $83010.70     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| BH Co Ltd                                                                       | BH Co Ltd                                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      1193 | NS      | $14642.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Controladora Alpek SAB de CV                                                    | Controladora Alpek SAB de CV                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |    221384 | NS      | $36386.59     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| IJM Corp Bhd                                                                    | IJM Corp Bhd                                                                    | CUSIP: 000000000<br>LEI: 2549007CQQ2EBO5HLX96 | Long             | EC               | CORP              | MY        |    181760 | NS      | $121792.37    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Pan Indonesia Tbk PT                                                       | Bank Pan Indonesia Tbk PT                                                       | CUSIP: 000000000<br>LEI: 254900RSQN7ERKIDPJ14 | Long             | EC               | CORP              | ID        |    399700 | NS      | $25903.15     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Catcher Technology Co Ltd                                                       | Catcher Technology Co Ltd                                                       | CUSIP: 000000000<br>LEI: 5299006PRSCU66N5JF55 | Long             | EC               | CORP              | TW        |     30000 | NS      | $179637.77    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Traxion SAB de CV                                                         | Grupo Traxion SAB de CV                                                         | CUSIP: 000000000<br>LEI: 4469000001BS6B603745 | Long             | EC               | CORP              | MX        |     22512 | NS      | $17897.98     | 0.01%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Sinon Corp                                                                      | Sinon Corp                                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     37000 | NS      | $53719.08     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Namchow Holdings Co Ltd                                                         | Namchow Holdings Co Ltd                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      7000 | NS      | $9106.57      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Turkiye Sise ve Cam Fabrikalari AS                                              | Turkiye Sise ve Cam Fabrikalari AS                                              | CUSIP: 000000000<br>LEI: 789000KWOK751Q6R8875 | Long             | EC               | CORP              | TR        |     63955 | NS      | $57406.41     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Changjiang Securities Co Ltd                                                    | Changjiang Securities Co Ltd                                                    | CUSIP: 000000000<br>LEI: 300300E1003242000047 | Long             | EC               | CORP              | CN        |     17900 | NS      | $20871.12     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| U-Ming Marine Transport Corp                                                    | U-Ming Marine Transport Corp                                                    | CUSIP: 000000000<br>LEI: 2549003EO6WFLYLBWX33 | Long             | EC               | CORP              | TW        |     27000 | NS      | $50584.03     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunplus Technology Co Ltd                                                       | Sunplus Technology Co Ltd                                                       | CUSIP: 000000000<br>LEI: 213800T6JYJ6PXVT1386 | Long             | EC               | CORP              | TW        |     12000 | NS      | $9154.14      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenzhen Zhongjin Lingnan Nonfemet Co Ltd                                       | Shenzhen Zhongjin Lingnan Nonfemet Co Ltd                                       | CUSIP: 000000000<br>LEI: 300300AIR5I4UM404D13 | Long             | EC               | CORP              | CN        |     31900 | NS      | $25543.48     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunteck Realty Ltd                                                              | Sunteck Realty Ltd                                                              | CUSIP: 000000000<br>LEI: 335800TFT4V77I31F853 | Long             | EC               | CORP              | IN        |      5951 | NS      | $27828.47     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Beijing Enterprises Water Group Ltd                                             | Beijing Enterprises Water Group Ltd                                             | CUSIP: 000000000<br>LEI: 529900TWUN2ALJKWRR11 | Long             | EC               | CORP              | BM        |    346000 | NS      | $106263.85    | 0.05%             |  |  |  | No            |                  1 | On Loan: —       |
| Tata Steel Ltd                                                                  | Tata Steel Ltd                                                                  | CUSIP: 87656Y406<br>LEI: 335800E6C75YGSGD5T66 | Long             | EC               | CORP              | IN        |      6923 | NS      | $131883.15    | 0.06%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Turkiye Petrol Rafinerileri AS                                                  | Turkiye Petrol Rafinerileri AS                                                  | CUSIP: 000000000<br>LEI: 789000RCNG97UV50EE03 | Long             | EC               | CORP              | TR        |     53319 | NS      | $239169.10    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhen Ding Technology Holding Ltd                                                | Zhen Ding Technology Holding Ltd                                                | CUSIP: 000000000<br>LEI: 549300H7R4K33675UP38 | Long             | EC               | CORP              | KY        |     55000 | NS      | $299560.34    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Inpaq Technology Co Ltd                                                         | Inpaq Technology Co Ltd                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      9000 | NS      | $21940.42     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Wellhope Foods Co Ltd                                                           | Wellhope Foods Co Ltd                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      7700 | NS      | $8631.94      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| India Glycols Ltd                                                               | India Glycols Ltd                                                               | CUSIP: 000000000<br>LEI: 3358002YVDZUMPZLN823 | Long             | EC               | CORP              | IN        |      1312 | NS      | $12664.33     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Corp Financiera Colombiana SA                                                   | Corp Financiera Colombiana SA                                                   | CUSIP: 000000000<br>LEI: 549300UTJ6LGMSTZYJ30 | Long             | EC               | CORP              | CO        |     19558 | NS      | $86703.61     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Shanghai Yuyuan Tourist Mart Group Co Ltd                                       | Shanghai Yuyuan Tourist Mart Group Co Ltd                                       | CUSIP: 000000000<br>LEI: 3003009LKEYMR1CGTI26 | Long             | EC               | CORP              | CN        |     18000 | NS      | $14564.97     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Jiangsu Jiangyin Rural Commercial Bank Co Ltd                                   | Jiangsu Jiangyin Rural Commercial Bank Co Ltd                                   | CUSIP: 000000000<br>LEI: 300300C1114732000048 | Long             | EC               | CORP              | CN        |     34700 | NS      | $21692.22     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Huaxin Cement Co Ltd                                                            | Huaxin Cement Co Ltd                                                            | CUSIP: 000000000<br>LEI: 300300SD5S95ZOS05G37 | Long             | EC               | CORP              | CN        |      7000 | NS      | $18192.16     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| BrasilAgro - Co Brasileira de Propriedades Agricolas                            | BrasilAgro - Co Brasileira de Propriedades Agricolas                            | CUSIP: 000000000<br>LEI: HNU7Z5273PRV5T5S5F07 | Long             | EC               | CORP              | BR        |      4700 | NS      | $17882.47     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| NRB Bearings Ltd                                                                | NRB Bearings Ltd                                                                | CUSIP: 000000000<br>LEI: 335800SD6UTQ9U6XCP10 | Long             | EC               | CORP              | IN        |      2776 | NS      | $8894.96      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Hong Pu Real Estate Development Co Ltd                                          | Hong Pu Real Estate Development Co Ltd                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     20000 | NS      | $18111.42     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| GFPT PCL                                                                        | GFPT PCL                                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |     33300 | NS      | $10224.81     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Ningbo Shanshan Co Ltd                                                          | Ningbo Shanshan Co Ltd                                                          | CUSIP: 000000000<br>LEI: 300300MXM0RPCBS6WT25 | Long             | EC               | CORP              | CN        |     16300 | NS      | $36408.21     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| YUNDA Holding Group Co Ltd                                                      | YUNDA Holding Group Co Ltd                                                      | CUSIP: 000000000<br>LEI: 300300HU5TWO2S5DH054 | Long             | EC               | CORP              | CN        |     16500 | NS      | $17198.97     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China Resources Pharmaceutical Group Ltd                                        | China Resources Pharmaceutical Group Ltd                                        | CUSIP: 000000000<br>LEI: 3003004H1KDKMJ8JD874 | Long             | EC               | CORP              | HK        |    134500 | NS      | $83134.05     | 0.04%             |  |  |  | Yes           |                  1 | On Loan: —       |
| Cemex SAB de CV                                                                 | Cemex SAB de CV                                                                 | CUSIP: 151290889<br>LEI: 549300RIG2CXWN6IV731 | Long             | EC               | CORP              | MX        |     12231 | NS      | $109956.69    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Chinese Universe Publishing and Media Group Co Ltd                              | Chinese Universe Publishing and Media Group Co Ltd                              | CUSIP: 000000000<br>LEI: 30030040UMRH6C4ZOC68 | Long             | EC               | CORP              | CN        |      9200 | NS      | $13130.95     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Nantex Industry Co Ltd                                                          | Nantex Industry Co Ltd                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     10000 | NS      | $7726.88      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Shanghai Environment Group Co Ltd                                               | Shanghai Environment Group Co Ltd                                               | CUSIP: 000000000<br>LEI: 300300Y27OCWV2DKYN50 | Long             | EC               | CORP              | CN        |     13920 | NS      | $15585.19     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Yuexiu Services Group Ltd                                                       | Yuexiu Services Group Ltd                                                       | CUSIP: 000000000<br>LEI: 254900WR21N8920CD126 | Long             | EC               | CORP              | HK        |     32500 | NS      | $11067.28     | 0.01%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Joincare Pharmaceutical Group Industry Co Ltd                                   | Joincare Pharmaceutical Group Industry Co Ltd                                   | CUSIP: 000000000<br>LEI: 3003006PUWUKPH72TS46 | Long             | EC               | CORP              | CN        |     18700 | NS      | $32784.67     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercuries Life Insurance Co Ltd                                                 | Mercuries Life Insurance Co Ltd                                                 | CUSIP: 000000000<br>LEI: 254900MGZPWGJDGJRO25 | Long             | EC               | CORP              | TW        |     81475 | NS      | $15638.45     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Bank Group Ltd                                                         | Standard Bank Group Ltd                                                         | CUSIP: 000000000<br>LEI: 2549003PEZXUT7MDBU41 | Long             | EC               | CORP              | ZA        |     78855 | NS      | $1079359.20   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| UOA Development Bhd                                                             | UOA Development Bhd                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     20387 | NS      | $8816.52      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Co Ltd                                                     | Taiwan Semiconductor Co Ltd                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     10000 | NS      | $18045.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bajaj Consumer Care Ltd                                                         | Bajaj Consumer Care Ltd                                                         | CUSIP: 000000000<br>LEI: 3358005AGVT9BD4VZC81 | Long             | EC               | CORP              | IN        |      9060 | NS      | $24190.61     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Dongwon Industries Co Ltd                                                       | Dongwon Industries Co Ltd                                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      1371 | NS      | $44411.78     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| E-MART Inc                                                                      | E-MART Inc                                                                      | CUSIP: 000000000<br>LEI: 988400SAX0Q74FRA9981 | Long             | EC               | CORP              | KR        |      1021 | NS      | $54941.38     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Xtep International Holdings Ltd                                                 | Xtep International Holdings Ltd                                                 | CUSIP: 000000000<br>LEI: 529900ZZZZBTOKZQI549 | Long             | EC               | CORP              | KY        |    108430 | NS      | $81371.79     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Topkey Corp                                                                     | Topkey Corp                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      3000 | NS      | $18997.31     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| CreditAccess Grameen Ltd                                                        | CreditAccess Grameen Ltd                                                        | CUSIP: 000000000<br>LEI: 335800YHFDVKKBDQMK23 | Long             | EC               | CORP              | IN        |       688 | NS      | $10427.47     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| China Airlines Ltd                                                              | China Airlines Ltd                                                              | CUSIP: 000000000<br>LEI: 25490032B2A0G6D0JP27 | Long             | EC               | CORP              | TW        |    278111 | NS      | $190255.74    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenzhen Yan Tian Port Holding Co Ltd                                           | Shenzhen Yan Tian Port Holding Co Ltd                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     28200 | NS      | $17549.61     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ORG Technology Co Ltd                                                           | ORG Technology Co Ltd                                                           | CUSIP: 000000000<br>LEI: 30030070C2L998R3KB20 | Long             | EC               | CORP              | CN        |     26800 | NS      | $20367.92     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Sharjah                                                                 | Bank of Sharjah                                                                 | CUSIP: 000000000<br>LEI: 635400NBMEM4UME2TO15 | Long             | EC               | CORP              | AE        |     40477 | NS      | $15428.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China Lesso Group Holdings Ltd                                                  | China Lesso Group Holdings Ltd                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |    100000 | NS      | $62709.22     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Power Electronics Corp                                                 | Advanced Power Electronics Corp                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      1000 | NS      | $3100.60      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Greaves Cotton Ltd                                                              | Greaves Cotton Ltd                                                              | CUSIP: 000000000<br>LEI: 335800M8Q4J931FEF919 | Long             | EC               | CORP              | IN        |      5025 | NS      | $11998.14     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Jizhong Energy Resources Co Ltd                                                 | Jizhong Energy Resources Co Ltd                                                 | CUSIP: 000000000<br>LEI: 300300RB4ZPQVWNPOM87 | Long             | EC               | CORP              | CN        |     21200 | NS      | $17541.46     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Mixed Mode Technology Inc                                                | Global Mixed Mode Technology Inc                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      3000 | NS      | $22983.79     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Reunert Ltd                                                                     | Reunert Ltd                                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |     12692 | NS      | $39553.18     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Sichuan Hebang Biotechnology Co Ltd                                             | Sichuan Hebang Biotechnology Co Ltd                                             | CUSIP: 000000000<br>LEI: 30030072W72E4N589G74 | Long             | EC               | CORP              | CN        |     84300 | NS      | $24632.33     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Bangchak Corp PCL                                                               | Bangchak Corp PCL                                                               | CUSIP: 000000000<br>LEI: 254900M7L6ML94L1YX58 | Long             | EC               | CORP              | TH        |     73300 | NS      | $69556.40     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| China National Medicines Corp Ltd                                               | China National Medicines Corp Ltd                                               | CUSIP: 000000000<br>LEI: 300300OVHIHIM0CJI911 | Long             | EC               | CORP              | CN        |      4600 | NS      | $18481.55     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| KCC Corp                                                                        | KCC Corp                                                                        | CUSIP: 000000000<br>LEI: 988400BF3M5UFPF3PH17 | Long             | EC               | CORP              | KR        |       293 | NS      | $80191.01     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| YungShin Global Holding Corp                                                    | YungShin Global Holding Corp                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      7000 | NS      | $13458.89     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Inner Mongolia Junzheng Energy & Chemical Industry Group Co Ltd                 | Inner Mongolia Junzheng Energy & Chemical Industry Group Co Ltd                 | CUSIP: 000000000<br>LEI: 3003006C9ZMCTO771B16 | Long             | EC               | CORP              | CN        |     55300 | NS      | $40629.49     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Bumi Resources Tbk PT                                                           | Bumi Resources Tbk PT                                                           | CUSIP: 000000000<br>LEI: 529900UUMEQCPSDKFD75 | Long             | EC               | CORP              | ID        |   5598400 | NS      | $50054.70     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fangda Special Steel Technology Co Ltd                                          | Fangda Special Steel Technology Co Ltd                                          | CUSIP: 000000000<br>LEI: 300300YXNMOW3T5MYO39 | Long             | EC               | CORP              | CN        |     19000 | NS      | $14466.63     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Beijing Originwater Technology Co Ltd                                           | Beijing Originwater Technology Co Ltd                                           | CUSIP: 000000000<br>LEI: 300300JGUWLVI6KFDX02 | Long             | EC               | CORP              | CN        |      5558 | NS      | $3412.04      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Life Insurance Co Ltd                                                   | Samsung Life Insurance Co Ltd                                                   | CUSIP: 000000000<br>LEI: 988400VYE6E0WYSM4S92 | Long             | EC               | CORP              | KR        |      1326 | NS      | $148000.14    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| China Travel International Investment Hong Kong Ltd                             | China Travel International Investment Hong Kong Ltd                             | CUSIP: 000000000<br>LEI: 529900T15YNCXUVTIU56 | Long             | EC               | CORP              | HK        |    180000 | NS      | $38627.85     | 0.02%             |  |  |  | No            |                  1 | On Loan: —       |
| Hota Industrial Manufacturing Co Ltd                                            | Hota Industrial Manufacturing Co Ltd                                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     13000 | NS      | $26957.15     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Great Eastern Shipping Co Ltd/The                                               | Great Eastern Shipping Co Ltd/The                                               | CUSIP: 000000000<br>LEI: 335800GJP7MSMX3Z3727 | Long             | EC               | CORP              | IN        |      8516 | NS      | $95232.07     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Chunghwa Precision Test Tech Co Ltd                                             | Chunghwa Precision Test Tech Co Ltd                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      1000 | NS      | $63160.31     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Rich Development Co Ltd                                                         | Rich Development Co Ltd                                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     20577 | NS      | $5583.43      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| PPB Group Bhd                                                                   | PPB Group Bhd                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     37500 | NS      | $90887.49     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Far Eastern International Bank                                                  | Far Eastern International Bank                                                  | CUSIP: 000000000<br>LEI: 549300MGVLXK8G4X5Y29 | Long             | EC               | CORP              | TW        |    161146 | NS      | $65826.75     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Empresas CMPC SA                                                                | Empresas CMPC SA                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CL        |     57684 | NS      | $85047.35     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Powerchip Semiconductor Manufacturing Corp                                      | Powerchip Semiconductor Manufacturing Corp                                      | CUSIP: 000000000<br>LEI: 529900VFH8M98IALG693 | Long             | EC               | CORP              | TW        |     65000 | NS      | $54170.22     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Shandong Humon Smelting Co Ltd                                                  | Shandong Humon Smelting Co Ltd                                                  | CUSIP: 000000000<br>LEI: 3003009JKJKQ7ZY3M014 | Long             | EC               | CORP              | CN        |     10800 | NS      | $22712.25     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Gujarat Alkalies & Chemicals Ltd                                                | Gujarat Alkalies & Chemicals Ltd                                                | CUSIP: 000000000<br>LEI: 3358005P5ZRWDOH2RW46 | Long             | EC               | CORP              | IN        |      2551 | NS      | $15771.95     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Infratech Ltd                                                               | PNC Infratech Ltd                                                               | CUSIP: 000000000<br>LEI: 3358008RNTVF1WKN6B22 | Long             | EC               | CORP              | IN        |      7840 | NS      | $25955.63     | 0.01%             |  |  |  | Yes           |                  1 | On Loan: No      |
| China Merchants Port Holdings Co Ltd                                            | China Merchants Port Holdings Co Ltd                                            | CUSIP: 000000000<br>LEI: 529900GA4UH90FUOR048 | Long             | EC               | CORP              | HK        |     73712 | NS      | $138009.60    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Enea SA                                                                         | Enea SA                                                                         | CUSIP: 000000000<br>LEI: 2594003JTXPYO8NOG018 | Long             | EC               | CORP              | PL        |     30606 | NS      | $148708.12    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Bank Ltd                                                                | Federal Bank Ltd                                                                | CUSIP: 000000000<br>LEI: 335800J8VWGE2HGWF417 | Long             | EC               | CORP              | IN        |    144130 | NS      | $314090.62    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| NMDC Ltd                                                                        | NMDC Ltd                                                                        | CUSIP: 000000000<br>LEI: 335800IXHXOHQ7B2HP66 | Long             | EC               | CORP              | IN        |    253182 | NS      | $218368.63    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Jinxin Fertility Group Ltd                                                      | Jinxin Fertility Group Ltd                                                      | CUSIP: 000000000<br>LEI: 2549000NTC85I8X21O47 | Long             | EC               | CORP              | KY        |    154500 | NS      | $56781.40     | 0.03%             |  |  |  | Yes           |                  1 | On Loan: —       |
| Anhui Conch Cement Co Ltd                                                       | Anhui Conch Cement Co Ltd                                                       | CUSIP: 000000000<br>LEI: 300300JVKW56SSAEQZ33 | Long             | EC               | CORP              | CN        |     64000 | NS      | $193267.75    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Pabrik Kertas Tjiwi Kimia Tbk PT                                                | Pabrik Kertas Tjiwi Kimia Tbk PT                                                | CUSIP: 000000000<br>LEI: 529900AYY9T852XBBO93 | Long             | EC               | CORP              | ID        |     92300 | NS      | $38631.41     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Shriram Finance Ltd                                                             | Shriram Finance Ltd                                                             | CUSIP: 000000000<br>LEI: 335800TM2YO24B76XL26 | Long             | EC               | CORP              | IN        |    101580 | NS      | $706859.86    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ORLEN SA                                                                        | ORLEN SA                                                                        | CUSIP: 000000000<br>LEI: 259400VVMM70CQREJT74 | Long             | EC               | CORP              | PL        |     38019 | NS      | $905012.55    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Kalyani Steels Ltd                                                              | Kalyani Steels Ltd                                                              | CUSIP: 000000000<br>LEI: 3358001UTP2JKVHVKG78 | Long             | EC               | CORP              | IN        |      1016 | NS      | $8764.68      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| FAW Jiefang Group Co Ltd                                                        | FAW Jiefang Group Co Ltd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     14900 | NS      | $14673.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| King Yuan Electronics Co Ltd                                                    | King Yuan Electronics Co Ltd                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     58100 | NS      | $312632.06    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Kumho Petrochemical Co Ltd                                                      | Kumho Petrochemical Co Ltd                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       829 | NS      | $61685.33     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Lee & Man Paper Manufacturing Ltd                                               | Lee & Man Paper Manufacturing Ltd                                               | CUSIP: 000000000<br>LEI: 30030066PNKQVCCC5G24 | Long             | EC               | CORP              | KY        |     70000 | NS      | $25456.34     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Shiny Chemical Industrial Co Ltd                                                | Shiny Chemical Industrial Co Ltd                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      3000 | NS      | $13288.27     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cleanaway Co Ltd                                                                | Cleanaway Co Ltd                                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      6000 | NS      | $39766.39     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Korea Asset In Trust Co Ltd                                                     | Korea Asset In Trust Co Ltd                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | KR        |      5452 | NS      | $8995.67      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Via Technologies Inc                                                            | Via Technologies Inc                                                            | CUSIP: 000000000<br>LEI: 5299002SBIE6B075LQ70 | Long             | EC               | CORP              | TW        |      8000 | NS      | $14594.13     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ever Sunshine Services Group Ltd                                                | Ever Sunshine Services Group Ltd                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     42000 | NS      | $9768.76      | 0.00%             |  |  |  | Yes           |                  1 | On Loan: No      |
| CECEP Solar Energy Co Ltd                                                       | CECEP Solar Energy Co Ltd                                                       | CUSIP: 000000000<br>LEI: 30030055WYGVLDBFGM73 | Long             | EC               | CORP              | CN        |     30100 | NS      | $19197.16     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Yuanta Financial Holding Co Ltd                                                 | Yuanta Financial Holding Co Ltd                                                 | CUSIP: 000000000<br>LEI: 21380045JG57LJEFFE13 | Long             | EC               | CORP              | TW        |    696396 | NS      | $796292.43    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Chia Hsin Cement Corp                                                           | Chia Hsin Cement Corp                                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     22440 | NS      | $10086.88     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Cyfrowy Polsat SA                                                               | Cyfrowy Polsat SA                                                               | CUSIP: 000000000<br>LEI: 259400EM1ITR201TTX36 | Long             | EC               | CORP              | PL        |     16441 | NS      | $62965.82     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Impala Platinum Holdings Ltd                                                    | Impala Platinum Holdings Ltd                                                    | CUSIP: 000000000<br>LEI: 254900BZFIFB4PD2Z778 | Long             | EC               | CORP              | ZA        |     50405 | NS      | $643707.17    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Camlin Fine Sciences Ltd                                                        | Camlin Fine Sciences Ltd                                                        | CUSIP: 000000000<br>LEI: 3358005CR8R9MY6DLY36 | Long             | EC               | CORP              | IN        |      4882 | NS      | $10776.95     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Shaanxi Coal Industry Co Ltd                                                    | Shaanxi Coal Industry Co Ltd                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     39837 | NS      | $111926.05    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Muthoot Finance Ltd                                                             | Muthoot Finance Ltd                                                             | CUSIP: 000000000<br>LEI: 335800HAMJMBFL4RRF02 | Long             | EC               | CORP              | IN        |      1358 | NS      | $47107.77     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Shanxi Coking Coal Energy Group Co Ltd                                          | Shanxi Coking Coal Energy Group Co Ltd                                          | CUSIP: 000000000<br>LEI: 3003006IEAP7EBNLIL41 | Long             | EC               | CORP              | CN        |     39900 | NS      | $38955.81     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Formosa Taffeta Co Ltd                                                          | Formosa Taffeta Co Ltd                                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     49000 | NS      | $24437.30     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| IIFL Capital Services Ltd                                                       | IIFL Capital Services Ltd                                                       | CUSIP: 000000000<br>LEI: 335800DFGY67CJENRH26 | Long             | EC               | CORP              | IN        |     19584 | NS      | $61770.20     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Rechi Precision Co Ltd                                                          | Rechi Precision Co Ltd                                                          | CUSIP: 000000000<br>LEI: 549300MCM5ZPS4TYF428 | Long             | EC               | CORP              | TW        |     30000 | NS      | $24115.76     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Asustek Computer Inc                                                            | Asustek Computer Inc                                                            | CUSIP: 000000000<br>LEI: 254900B3WB4OGRB7HM13 | Long             | EC               | CORP              | TW        |     36000 | NS      | $792571.69    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Kingboard Laminates Holdings Ltd                                                | Kingboard Laminates Holdings Ltd                                                | CUSIP: 000000000<br>LEI: 529900B76JV9QCZINB33 | Long             | EC               | CORP              | KY        |     42000 | NS      | $66546.30     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Semen Indonesia Persero Tbk PT                                                  | Semen Indonesia Persero Tbk PT                                                  | CUSIP: 000000000<br>LEI: 2549006ADJYJS2SD8T24 | Long             | EC               | CORP              | ID        |    315724 | NS      | $53804.75     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Capacit'e Infraprojects Ltd                                                     | Capacit'e Infraprojects Ltd                                                     | CUSIP: 000000000<br>LEI: 335800I2R6WUV5NQOI16 | Long             | EC               | CORP              | IN        |      4280 | NS      | $13979.25     | 0.01%             |  |  |  | Yes           |                  1 | On Loan: No      |
| E-Commodities Holdings Ltd                                                      | E-Commodities Holdings Ltd                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | VG        |     94000 | NS      | $10508.93     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Organizacion Soriana SAB de CV                                                  | Organizacion Soriana SAB de CV                                                  | CUSIP: 000000000<br>LEI: 4469000001BRXVIC3I64 | Long             | EC               | CORP              | MX        |     50240 | NS      | $68583.29     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Zhejiang Huayou Cobalt Co Ltd                                                   | Zhejiang Huayou Cobalt Co Ltd                                                   | CUSIP: 000000000<br>LEI: 30030099QFLNMEGP7M05 | Long             | EC               | CORP              | CN        |      7300 | NS      | $67580.72     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Asia Cement Corp                                                                | Asia Cement Corp                                                                | CUSIP: 000000000<br>LEI: 213800EFQXH43HMGJL59 | Long             | EC               | CORP              | TW        |    134269 | NS      | $168067.54    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| New Hope Liuhe Co Ltd                                                           | New Hope Liuhe Co Ltd                                                           | CUSIP: 000000000<br>LEI: 300300F28XODWP5GJF78 | Long             | EC               | CORP              | CN        |     13600 | NS      | $18723.18     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Yunnan Energy New Material Co Ltd                                               | Yunnan Energy New Material Co Ltd                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      5200 | NS      | $34114.17     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Alembic Pharmaceuticals Ltd                                                     | Alembic Pharmaceuticals Ltd                                                     | CUSIP: 000000000<br>LEI: 335800PM173KNG818V30 | Long             | EC               | CORP              | IN        |      4429 | NS      | $44896.70     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Sinomine Resource Group Co Ltd                                                  | Sinomine Resource Group Co Ltd                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      1300 | NS      | $9039.89      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Transfar Zhilian Co Ltd                                                         | Transfar Zhilian Co Ltd                                                         | CUSIP: 000000000<br>LEI: 300300TBI7Y64IYB4A04 | Long             | EC               | CORP              | CN        |     27553 | NS      | $24385.07     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Chongqing Zhifei Biological Products Co Ltd                                     | Chongqing Zhifei Biological Products Co Ltd                                     | CUSIP: 000000000<br>LEI: 300300DRZD9P8L2NA467 | Long             | EC               | CORP              | CN        |      7000 | NS      | $20414.56     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Yuexiu Property Co Ltd                                                          | Yuexiu Property Co Ltd                                                          | CUSIP: 000000000<br>LEI: 529900GASK6R1FD08W10 | Long             | EC               | CORP              | HK        |     46006 | NS      | $30800.93     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| China Resources Land Ltd                                                        | China Resources Land Ltd                                                        | CUSIP: 000000000<br>LEI: 5299001HL0TU7X15HK51 | Long             | EC               | CORP              | KY        |    232000 | NS      | $905706.15    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Pan-International Industrial Corp                                               | Pan-International Industrial Corp                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     34380 | NS      | $61251.85     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| TPI Polene PCL                                                                  | TPI Polene PCL                                                                  | CUSIP: 000000000<br>LEI: 529900M1CIOMSII1A375 | Long             | EC               | CORP              | TH        |    676600 | NS      | $15868.42     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China National Nuclear Power Co Ltd                                             | China National Nuclear Power Co Ltd                                             | CUSIP: 000000000<br>LEI: 3003003YPVL5EMT5LZ97 | Long             | EC               | CORP              | CN        |     53700 | NS      | $65706.30     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Cogeneration Corp                                                        | Taiwan Cogeneration Corp                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     27000 | NS      | $42212.42     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| POSCO Holdings Inc                                                              | POSCO Holdings Inc                                                              | CUSIP: 693483109<br>LEI: 988400E5HRVX81AYLM04 | Long             | EC               | CORP              | KR        |      9207 | NS      | $453076.47    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Promotora y Operadora de Infraestructura SAB de CV                              | Promotora y Operadora de Infraestructura SAB de CV                              | CUSIP: 000000000<br>LEI: 52990035X6RK8DBUWA73 | Long             | EC               | CORP              | MX        |      1600 | NS      | $16598.03     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Grindrod Ltd                                                                    | Grindrod Ltd                                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ZA        |     52062 | NS      | $45309.31     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Gland Pharma Ltd                                                                | Gland Pharma Ltd                                                                | CUSIP: 000000000<br>LEI: 335800JJVDY5R6KF5K34 | Long             | EC               | CORP              | IN        |      1958 | NS      | $43928.27     | 0.02%             |  |  |  | Yes           |                  1 | On Loan: No      |
| Sihuan Pharmaceutical Holdings Group Ltd                                        | Sihuan Pharmaceutical Holdings Group Ltd                                        | CUSIP: 000000000<br>LEI: 529900UD7C9N3AQO1V88 | Long             | EC               | CORP              | BM        |     98000 | NS      | $20275.12     | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| LG Chem Ltd                                                                     | LG Chem Ltd                                                                     | CUSIP: 000000000<br>LEI: 988400IES4EIG7O06940 | Long             | EC               | CORP              | KR        |      2583 | NS      | $511795.02    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Man Infraconstruction Ltd                                                       | Man Infraconstruction Ltd                                                       | CUSIP: 000000000<br>LEI: 335800ZBGQLQHKILEO27 | Long             | EC               | CORP              | IN        |      4652 | NS      | $7701.92      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Wuxi Taiji Industry Ltd Co                                                      | Wuxi Taiji Industry Ltd Co                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     21000 | NS      | $24013.65     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Surya Citra Media Tbk PT                                                        | Surya Citra Media Tbk PT                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |   1066200 | NS      | $21496.74     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Shin Kong Security Co Ltd                                                | Taiwan Shin Kong Security Co Ltd                                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     19100 | NS      | $25599.94     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SDI Corp                                                                        | SDI Corp                                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     10000 | NS      | $26412.49     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| China Construction Bank Corp                                                    | China Construction Bank Corp                                                    | CUSIP: 000000000<br>LEI: 5493001KQW6DM7KEDR62 | Long             | EC               | CORP              | CN        |   4583810 | NS      | $4405952.08   | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Li Auto Inc                                                                     | Li Auto Inc                                                                     | CUSIP: 000000000<br>LEI: 2549003R73Q70J5H4I65 | Long             | EC               | CORP              | KY        |     16300 | NS      | $212391.50    | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| L&T Finance Ltd                                                                 | L&T Finance Ltd                                                                 | CUSIP: 000000000<br>LEI: 335800XGURT7JWGYNB41 | Long             | EC               | CORP              | IN        |     72832 | NS      | $204496.83    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Chengxin Lithium Group Co Ltd                                                   | Chengxin Lithium Group Co Ltd                                                   | CUSIP: 000000000<br>LEI: 300300LUBPEGH8SHWI63 | Long             | EC               | CORP              | CN        |      5600 | NS      | $14939.21     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Malaysian Resources Corp Bhd                                                    | Malaysian Resources Corp Bhd                                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |    142600 | NS      | $17789.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Huaku Development Co Ltd                                                        | Huaku Development Co Ltd                                                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     18585 | NS      | $58478.30     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Eva Airways Corp                                                                | Eva Airways Corp                                                                | CUSIP: 000000000<br>LEI: 254900S1P4XOXV67GC07 | Long             | EC               | CORP              | TW        |    241478 | NS      | $301867.31    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| WT Microelectronics Co Ltd                                                      | WT Microelectronics Co Ltd                                                      | CUSIP: 000000000<br>LEI: 549300B9CGCS0W06W129 | Long             | EC               | CORP              | TW        |     34360 | NS      | $158395.56    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Hey Song Corp                                                                   | Hey Song Corp                                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     18750 | NS      | $23469.80     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Altek Corp                                                                      | Altek Corp                                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     14014 | NS      | $23909.97     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-28

**Name of Applicant:** SA FUNDS INVESTMENT TRUST

**Signature:** Marcy Tsagarakis

**Name of Signer:** Marcy Tsagarakis

**Title:** SA Funds Investment Trust, Secretary