# EDGAR Filing Document

**Accession Number:** 0001217286
**File Stem:** 0001752724-25-153170
**Filing Date:** 2025-6
**Character Count:** 106780
**Document Hash:** 4204dad98ad59c42a8921fe04e1d402f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-153170.hdr.sgml**: 20250624

**ACCESSION NUMBER**: 0001752724-25-153170

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250624

**DATE AS OF CHANGE**: 20250624

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JPMorgan Trust I
- **CENTRAL INDEX KEY:** 0001217286

**ORGANIZATION NAME:**
- **EIN:** 331043149
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21295
- **FILM NUMBER:** 251068156

**BUSINESS ADDRESS:**
- **STREET 1:** 277 PARK AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10172
- **BUSINESS PHONE:** 800-480-4111

**MAIL ADDRESS:**
- **STREET 1:** 277 PARK AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10172

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** JP MORGAN MUTUAL FUND SERIES
- **DATE OF NAME CHANGE:** 20030204

## Series and Classes Contracts Data

### JPMorgan Developed International Value Fund (Series ID: S000002627)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000007227 | Class I      | JIESX           |
| C000007228 | Class L      | JNUSX           |
| C000007229 | Class A      | JFEAX           |
| C000034831 | Class C      | JIUCX           |
| C000070620 | Class R2     | JPVZX           |
| C000093774 | Class R6     | JNVMX           |
| C000173219 | Class R5     | JPVRX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** JPMorgan Trust I

- **b. Investment Company Act file number:** 811-21295

- **c. CIK number of Registrant:** 0001217286

- **d. LEI of Registrant:** 549300DM5WZMCZZ70R78

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

  - **Street Address 1:** 277 Park Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10172

  - **Telephone number:** 800-480-4111

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

- **a. Name of Series:** JPMorgan Developed International Value Fund

- **b. EDGAR series identifier (if any):** S000002627

- **c. LEI of Series:** NV3LQK78SNLPSWXGBJ59

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

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

- **b. Date as of which information is reported:** 2025-04-30

**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:** $1052556827.65

**Total Liabilities:** $7199876.51

**Net Assets:** $1045356951.14

**Cash Not Reported:** $5992.24

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000007228 | 4.86%                | 3.03%                | 3.12%                |
| Class ID C000173219 | 4.89%                | 3.05%                | 3.08%                |
| Class ID C000070620 | 4.87%                | 3.03%                | 3.01%                |
| Class ID C000007227 | 4.90%                | 3.07%                | 3.11%                |
| Class ID C000034831 | 4.84%                | 2.99%                | 3.03%                |
| Class ID C000007229 | 4.85%                | 2.97%                | 3.14%                |
| Class ID C000093774 | 4.90%                | 3.05%                | 3.15%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $5351672.15              | $28294934.37                               |
| Month 2  | $2901953.98              | $13660686.36                               |
| Month 3  | $58099.77                | $25467374.96                               |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Orange SA                                             | Orange SA                                                             | CUSIP: N/A<br>LEI: 969500MCOONR8990S771       | Long             | EC               | CORP              | FR        |    312968 | NS      | $4540555.33   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Mizuho Financial Group, Inc.                          | Mizuho Financial Group, Inc.                                          | CUSIP: N/A<br>LEI: 353800CI5L6DDAN5XZ33       | Long             | EC               | CORP              | JP        |    288910 | NS      | $7223511.09   | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui & Co. Ltd.                                     | Mitsui & Co. Ltd.                                                     | CUSIP: N/A<br>LEI: 2NRSB4GOU9DD6CNW5R48       | Long             | EC               | CORP              | JP        |    386300 | NS      | $7811419.56   | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Prime Money Market Fund                      | JPMorgan Prime Money Market Fund, Class Institutional                 | CUSIP: 4812A2603<br>LEI: 549300YD7H8SEEU7VG41 | Long             | STIV             | RF                | US        |  79897987 | NS      | $79921956.11  | 7.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Idemitsu Kosan Co. Ltd.                               | Idemitsu Kosan Co. Ltd.                                               | CUSIP: N/A<br>LEI: 549300P0R46FF6DUA630       | Long             | EC               | CORP              | JP        |    366900 | NS      | $2273685.25   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Just Group plc                                        | Just Group plc                                                        | CUSIP: N/A<br>LEI: 5493006456YEZEELRR90       | Long             | EC               | CORP              | GB        |   1100827 | NS      | $2076352.24   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Lion Finance Group plc                                | Lion Finance Group plc                                                | CUSIP: N/A<br>LEI: 213800XKDG12NQG8VC53       | Long             | EC               | CORP              | GB        |     20541 | NS      | $1647653.27   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| BAWAG Group AG                                        | BAWAG Group AG                                                        | CUSIP: N/A<br>LEI: 529900S9YO2JHTIIDG38       | Long             | EC               | CORP              | AT        |     14080 | NS      | $1543280.40   | 0.15%             |  |  |  | Yes           |                  2 | On Loan: No      |
| T&D Holdings, Inc.                                    | T&D Holdings, Inc.                                                    | CUSIP: N/A<br>LEI: 3538008ARJ1MACEWA242       | Long             | EC               | CORP              | JP        |    159700 | NS      | $3398195.71   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Muenchener Rueckversicherungs-Gesellschaft AG         | Muenchener Rueckversicherungs-Gesellschaft AG (Registered)            | CUSIP: N/A<br>LEI: 529900MUF4C20K50JS49       | Long             | EC               | CORP              | DE        |     16461 | NS      | $11269355.02  | 1.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Telenor ASA                                           | Telenor ASA                                                           | CUSIP: N/A<br>LEI: 549300IM1QSBY4SLPM26       | Long             | EC               | CORP              | NO        |    199869 | NS      | $3002031.31   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Anglo American plc                                    | Anglo American plc                                                    | CUSIP: N/A<br>LEI: 549300S9XF92D1X8ME43       | Long             | EC               | CORP              | GB        |    171338 | NS      | $4677248.25   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Aryzta AG                                             | Aryzta AG                                                             | CUSIP: N/A<br>LEI: 549300W2PUDQQVRD8W85       | Long             | EC               | CORP              | CH        |    519531 | NS      | $1303068.46   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| ING Groep NV                                          | ING Groep NV                                                          | CUSIP: N/A<br>LEI: 549300NYKK9MWM7GGW15       | Long             | EC               | CORP              | NL        |    380479 | NS      | $7388642.05   | 0.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Credit Saison Co. Ltd.                                | Credit Saison Co. Ltd.                                                | CUSIP: N/A<br>LEI: 529900SV58ZWTGRH3A66       | Long             | EC               | CORP              | JP        |    100300 | NS      | $2342300.34   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| NN Group NV                                           | NN Group NV                                                           | CUSIP: N/A<br>LEI: 724500OHYNDT9OY6Q215       | Long             | EC               | CORP              | NL        |     67200 | NS      | $4120731.11   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyu Fudosan Holdings Corp.                          | Tokyu Fudosan Holdings Corp.                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    276500 | NS      | $1936556.18   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| ENEOS Holdings, Inc.                                  | ENEOS Holdings, Inc.                                                  | CUSIP: N/A<br>LEI: 3538001KQ5SAOZSQTT44       | Long             | EC               | CORP              | JP        |    632100 | NS      | $3043074.98   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Sony Group Corp.                                      | Sony Group Corp.                                                      | CUSIP: N/A<br>LEI: 529900R5WX9N2OI2N910       | Long             | EC               | CORP              | JP        |     76300 | NS      | $2013007.44   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Freenet AG                                            | Freenet AG                                                            | CUSIP: N/A<br>LEI: 5299003GLDODCVP8DO20       | Long             | EC               | CORP              | DE        |     61151 | NS      | $2542849.25   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| JPMorgan Securities Lending Money Market Fund         | JPMorgan Securities Lending Money Market Fund, Class Agency SL Shares | CUSIP: 46645V642<br>LEI: 5493002FD4HXUJXMRO62 | Long             | STIV             | RF                | US        |   2248121 | NS      | $2248121.28   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Vienna Insurance Group AG Wiener Versicherung Gruppe  | Vienna Insurance Group AG Wiener Versicherung Gruppe                  | CUSIP: N/A<br>LEI: 549300JCRU23I1THU176       | Long             | EC               | CORP              | AT        |     44074 | NS      | $2096264.87   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Asahi Kasei Corp.                                     | Asahi Kasei Corp.                                                     | CUSIP: N/A<br>LEI: 353800GPI4Z3MGDGN142       | Long             | EC               | CORP              | JP        |    365900 | NS      | $2549863.55   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanofi SA                                             | Sanofi SA                                                             | CUSIP: N/A<br>LEI: 549300E9PC51EN656011       | Long             | EC               | CORP              | FR        |    132672 | NS      | $14513232.01  | 1.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Oversea-Chinese Banking Corp. Ltd.                    | Oversea-Chinese Banking Corp. Ltd.                                    | CUSIP: N/A<br>LEI: 5493007O3QFXCPOGWK22       | Long             | EC               | CORP              | SG        |    380900 | NS      | $4713928.67   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Fortescue Ltd.                                        | Fortescue Ltd.                                                        | CUSIP: N/A<br>LEI: 529900VEJFORCO6I4826       | Long             | EC               | CORP              | AU        |    313935 | NS      | $3242221.69   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| GSK plc                                               | GSK plc                                                               | CUSIP: N/A<br>LEI: 5493000HZTVUYLO1D793       | Long             | EC               | CORP              | GB        |    123330 | NS      | $2439798.95   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Corp.                                        | Sumitomo Corp.                                                        | CUSIP: N/A<br>LEI: V82KK8NH1P0JS71FJC05       | Long             | EC               | CORP              | JP        |    160300 | NS      | $3913946.90   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| British American Tobacco plc                          | British American Tobacco plc                                          | CUSIP: N/A<br>LEI: 213800FKA5MF17RJKT63       | Long             | EC               | CORP              | GB        |    245679 | NS      | $10701369.30  | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyo Tire Corp.                                       | Toyo Tire Corp.                                                       | CUSIP: N/A<br>LEI: 529900Y41RD7VQM9RF75       | Long             | EC               | CORP              | JP        |     92100 | NS      | $1721974.81   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Swedbank AB                                           | Swedbank AB, Class A                                                  | CUSIP: N/A<br>LEI: M312WZV08Y7LYUC71685       | Long             | EC               | CORP              | SE        |    121087 | NS      | $3022797.92   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Drax Group plc                                        | Drax Group plc                                                        | CUSIP: N/A<br>LEI: 549300YPSNTXR4ZHSR98       | Long             | EC               | CORP              | GB        |    155778 | NS      | $1285004.83   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Komatsu Ltd.                                          | Komatsu Ltd.                                                          | CUSIP: N/A<br>LEI: 5493004LQ0B4T7QPQV17       | Long             | EC               | CORP              | JP        |    131700 | NS      | $3808707.43   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Inchcape plc                                          | Inchcape plc                                                          | CUSIP: N/A<br>LEI: 213800RGEH1MPPNM2T57       | Long             | EC               | CORP              | GB        |    120227 | NS      | $1077304.41   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Dai-ichi Life Holdings, Inc.                          | Dai-ichi Life Holdings, Inc.                                          | CUSIP: N/A<br>LEI: 549300ZUFXI7JXZVTZ25       | Long             | EC               | CORP              | JP        |    557900 | NS      | $4028287.46   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| SKY Perfect JSAT Holdings, Inc.                       | SKY Perfect JSAT Holdings, Inc.                                       | CUSIP: N/A<br>LEI: 5299009SAF34W9TVEF26       | Long             | EC               | CORP              | JP        |    248900 | NS      | $2012142.96   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Mercedes-Benz Group AG                                | Mercedes-Benz Group AG                                                | CUSIP: N/A<br>LEI: 529900R27DL06UVNT076       | Long             | EC               | CORP              | DE        |     97712 | NS      | $5842081.60   | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Yancoal Australia Ltd.                                | Yancoal Australia Ltd.                                                | CUSIP: N/A<br>LEI: 3003003IC6G39HKQAD13       | Long             | EC               | CORP              | AU        |    562768 | NS      | $1794478.76   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| TBS Holdings, Inc.                                    | TBS Holdings, Inc.                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     51400 | NS      | $1724231.27   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Hokkaido Electric Power Co., Inc.                     | Hokkaido Electric Power Co., Inc.                                     | CUSIP: N/A<br>LEI: 353800XDXIIZDHUO0J51       | Long             | EC               | CORP              | JP        |    167400 | NS      | $795341.13    | 0.08%             |  |  |  | No            |                  2 | On Loan: —       |
| Svenska Handelsbanken AB                              | Svenska Handelsbanken AB, Class A                                     | CUSIP: N/A<br>LEI: NHBDILHZTYCNBV5UYZ31       | Long             | EC               | CORP              | SE        |    230779 | NS      | $3020855.45   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Marks & Spencer Group plc                             | Marks & Spencer Group plc                                             | CUSIP: N/A<br>LEI: 213800EJP14A79ZG1X44       | Long             | EC               | CORP              | GB        |    557722 | NS      | $2898228.06   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Barclays plc                                          | Barclays plc                                                          | CUSIP: N/A<br>LEI: 213800LBQA1Y9L22JB70       | Long             | EC               | CORP              | GB        |   1709002 | NS      | $6808053.72   | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Lloyds Banking Group plc                              | Lloyds Banking Group plc                                              | CUSIP: N/A<br>LEI: 549300PPXHEU2JF0AM85       | Long             | EC               | CORP              | GB        |   7474071 | NS      | $7343113.18   | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Tenaris SA                                            | Tenaris SA                                                            | CUSIP: N/A<br>LEI: 549300Y7C05BKC4HZB40       | Long             | EC               | CORP              | LU        |    110841 | NS      | $1848267.40   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Kansai Paint Co. Ltd.                                 | Kansai Paint Co. Ltd.                                                 | CUSIP: N/A<br>LEI: 549300ERRV6FTKH9NN70       | Long             | EC               | CORP              | JP        |     65000 | NS      | $979764.60    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of Ireland Group plc                             | Bank of Ireland Group plc                                             | CUSIP: N/A<br>LEI: 635400C8EK6DRI12LJ39       | Long             | EC               | CORP              | IE        |    205440 | NS      | $2412165.16   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| BNP Paribas SA                                        | BNP Paribas SA                                                        | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Long             | EC               | CORP              | FR        |    126939 | NS      | $10755475.51  | 1.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Sankyo Co. Ltd.                                       | Sankyo Co. Ltd.                                                       | CUSIP: N/A<br>LEI: 3538009H2R9ZBZAOAK48       | Long             | EC               | CORP              | JP        |    139900 | NS      | $2129355.90   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| NCC AB                                                | NCC AB, Class B                                                       | CUSIP: N/A<br>LEI: 213800WRGLW3CY4MHW53       | Long             | EC               | CORP              | SE        |     96588 | NS      | $1798223.58   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Post AG                                      | Deutsche Post AG                                                      | CUSIP: N/A<br>LEI: 8ER8GIG7CSMVD8VUFE78       | Long             | EC               | CORP              | DE        |    130873 | NS      | $5591942.62   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Serco Group plc                                       | Serco Group plc                                                       | CUSIP: N/A<br>LEI: 549300PT2CIHYN5GWJ21       | Long             | EC               | CORP              | GB        |    620027 | NS      | $1422942.02   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Banca Monte dei Paschi di Siena SpA                   | Banca Monte dei Paschi di Siena SpA                                   | CUSIP: N/A<br>LEI: J4CP7MHCXR8DAQMKIL78       | Long             | EC               | CORP              | IT        |    167041 | NS      | $1412628.49   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Kerry Properties Ltd.                                 | Kerry Properties Ltd.                                                 | CUSIP: N/A<br>LEI: 5299006T5ULIIRZ7LK49       | Long             | EC               | CORP              | BM        |    769500 | NS      | $1807118.23   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Catalana Occidente SA                           | Grupo Catalana Occidente SA                                           | CUSIP: N/A<br>LEI: 959800H2P9S8MS95DT42       | Long             | EC               | CORP              | ES        |     43179 | NS      | $2401742.71   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Ageas SA                                              | Ageas SA                                                              | CUSIP: N/A<br>LEI: 5493005DJBML6LY3RV36       | Long             | EC               | CORP              | BE        |     40320 | NS      | $2528718.45   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Aegon Ltd.                                            | Aegon Ltd.                                                            | CUSIP: N/A<br>LEI: O4QK7KMMK83ITNTHUG69       | Long             | EC               | CORP              | BM        |    289568 | NS      | $1862486.23   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Balfour Beatty plc                                    | Balfour Beatty plc                                                    | CUSIP: N/A<br>LEI: CT4UIJ3TUKGYYHMENQ17       | Long             | EC               | CORP              | GB        |    248640 | NS      | $1520775.77   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| MS&AD Insurance Group Holdings, Inc.                  | MS&AD Insurance Group Holdings, Inc.                                  | CUSIP: N/A<br>LEI: 529900CXROT5S2HMMP26       | Long             | EC               | CORP              | JP        |    176000 | NS      | $4000447.15   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Panasonic Holdings Corp.                              | Panasonic Holdings Corp.                                              | CUSIP: N/A<br>LEI: 254900GE1G59KGWPHX32       | Long             | EC               | CORP              | JP        |    361100 | NS      | $4140361.52   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Prudential plc                                        | Prudential plc                                                        | CUSIP: N/A<br>LEI: 5493001Z3ZE83NGK8Y12       | Long             | EC               | CORP              | GB        |    364084 | NS      | $3871224.70   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Glencore plc                                          | Glencore plc                                                          | CUSIP: N/A<br>LEI: 2138002658CPO9NBH955       | Long             | EC               | CORP              | JE        |   1117903 | NS      | $3665308.78   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| CK Asset Holdings Ltd.                                | CK Asset Holdings Ltd.                                                | CUSIP: N/A<br>LEI: 5299006GJZSGP78B8S35       | Long             | EC               | CORP              | KY        |    643500 | NS      | $2628933.04   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Mapfre SA                                             | Mapfre SA                                                             | CUSIP: N/A<br>LEI: 95980020140005693107       | Long             | EC               | CORP              | ES        |    343543 | NS      | $1223012.46   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| QBE Insurance Group Ltd.                              | QBE Insurance Group Ltd.                                              | CUSIP: N/A<br>LEI: 549300D2FBW76FPUSG65       | Long             | EC               | CORP              | AU        |    206892 | NS      | $2859231.69   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Lancashire Holdings Ltd.                              | Lancashire Holdings Ltd.                                              | CUSIP: N/A<br>LEI: 5493002UNUYXLHOWF752       | Long             | EC               | CORP              | BM        |    254523 | NS      | $1915819.79   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| OC Oerlikon Corp. AG Pfaffikon                        | OC Oerlikon Corp. AG Pfaffikon (Registered)                           | CUSIP: N/A<br>LEI: 529900I8VLAZR2FJ0M10       | Long             | EC               | CORP              | CH        |    274931 | NS      | $1166298.02   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Kandenko Co. Ltd.                                     | Kandenko Co. Ltd.                                                     | CUSIP: N/A<br>LEI: 35380080NSN7GCYZ3X14       | Long             | EC               | CORP              | JP        |     91900 | NS      | $1821695.69   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| AXA SA                                                | AXA SA                                                                | CUSIP: N/A<br>LEI: F5WCUMTUM4RKZ1MAIE39       | Long             | EC               | CORP              | FR        |    221066 | NS      | $10455515.75  | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Television Francaise 1 SA                             | Television Francaise 1 SA                                             | CUSIP: N/A<br>LEI: 969500WQFC6OAQYG7E65       | Long             | EC               | CORP              | FR        |    138757 | NS      | $1325885.74   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Hammerson plc                                         | Hammerson plc                                                         | CUSIP: N/A<br>LEI: 213800G1C9KKVVDN1A60       | Long             | EC               | CORP              | GB        |    324328 | NS      | $1094254.78   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Kalmar OYJ                                            | Kalmar OYJ, Class B                                                   | CUSIP: N/A<br>LEI: 636700Z25ZQXLMZ3CY73       | Long             | EC               | CORP              | FI        |     70566 | NS      | $2235599.03   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| OMV AG                                                | OMV AG                                                                | CUSIP: N/A<br>LEI: 549300V62YJ9HTLRI486       | Long             | EC               | CORP              | AT        |     64691 | NS      | $3344759.11   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Kier Group plc                                        | Kier Group plc                                                        | CUSIP: N/A<br>LEI: 2138002RKCU2OM4Y7O48       | Long             | EC               | CORP              | GB        |   1095525 | NS      | $2129940.11   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Kamigumi Co. Ltd.                                     | Kamigumi Co. Ltd.                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     54500 | NS      | $1334135.53   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| HOCHTIEF AG                                           | HOCHTIEF AG                                                           | CUSIP: N/A<br>LEI: 529900Y25S8NZIYTT924       | Long             | EC               | CORP              | DE        |     18183 | NS      | $3440135.69   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| TP ICAP Group plc                                     | TP ICAP Group plc                                                     | CUSIP: N/A<br>LEI: 2138006YAA7IRVKKGE63       | Long             | EC               | CORP              | JE        |    421529 | NS      | $1447505.31   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui Mining & Smelting Co. Ltd.                     | Mitsui Mining & Smelting Co. Ltd.                                     | CUSIP: N/A<br>LEI: 35380021EYAHSQM25559       | Long             | EC               | CORP              | JP        |     60500 | NS      | $1644813.50   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Resona Holdings, Inc.                                 | Resona Holdings, Inc.                                                 | CUSIP: N/A<br>LEI: 52990067JE75XZCYYT81       | Long             | EC               | CORP              | JP        |    377700 | NS      | $3029832.29   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Santander SA                                    | Banco Santander SA                                                    | CUSIP: N/A<br>LEI: 5493006QMFDDMYWIAM13       | Long             | EC               | CORP              | ES        |   1717229 | NS      | $12090766.05  | 1.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Enel SpA                                              | Enel SpA                                                              | CUSIP: N/A<br>LEI: WOCMU6HCI0OJWNPRZS33       | Long             | EC               | CORP              | IT        |   1047037 | NS      | $9076733.49   | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| Eiffage SA                                            | Eiffage SA                                                            | CUSIP: N/A<br>LEI: 969500OQXKE5WDM9M994       | Long             | EC               | CORP              | FR        |     17193 | NS      | $2339498.10   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Imperial Brands plc                                   | Imperial Brands plc                                                   | CUSIP: N/A<br>LEI: 549300DFVPOB67JL3A42       | Long             | EC               | CORP              | GB        |    111866 | NS      | $4590201.19   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Glenveagh Properties plc                              | Glenveagh Properties plc                                              | CUSIP: N/A<br>LEI: 635400QUQ2YYGMOAK834       | Long             | EC               | CORP              | IE        |    590771 | NS      | $1107252.18   | 0.11%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Konecranes OYJ                                        | Konecranes OYJ                                                        | CUSIP: N/A<br>LEI: 549300EF0CDEQZBMA096       | Long             | EC               | CORP              | FI        |     32046 | NS      | $2147018.77   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco de Sabadell SA                                  | Banco de Sabadell SA                                                  | CUSIP: N/A<br>LEI: SI5RG2M0WQQLZCXKRM20       | Long             | EC               | CORP              | ES        |    942524 | NS      | $2750079.98   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Daiwa Securities Group, Inc.                          | Daiwa Securities Group, Inc.                                          | CUSIP: N/A<br>LEI: 353800WRC7Y23PWFJG38       | Long             | EC               | CORP              | JP        |    279100 | NS      | $1835341.26   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Cosmo Energy Holdings Co. Ltd.                        | Cosmo Energy Holdings Co. Ltd.                                        | CUSIP: N/A<br>LEI: 353800Y4GZ7KR5X7L150       | Long             | EC               | CORP              | JP        |     46300 | NS      | $1900247.92   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Tesco plc                                             | Tesco plc                                                             | CUSIP: N/A<br>LEI: 2138002P5RNKC5W2JZ46       | Long             | EC               | CORP              | GB        |    752765 | NS      | $3725436.60   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Commerzbank AG                                        | Commerzbank AG                                                        | CUSIP: N/A<br>LEI: 851WYGNLUQLFZBSYGB56       | Long             | EC               | CORP              | DE        |    126440 | NS      | $3346556.81   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| 3i Group plc                                          | 3i Group plc                                                          | CUSIP: N/A<br>LEI: 35GDVHRBMFE7NWATNM84       | Long             | EC               | CORP              | GB        |    124494 | NS      | $7057694.32   | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| NOS SGPS SA                                           | NOS SGPS SA                                                           | CUSIP: N/A<br>LEI: 5493004DM8FGIY6QKF37       | Long             | EC               | CORP              | PT        |    282758 | NS      | $1180066.80   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| BP plc                                                | BP plc                                                                | CUSIP: N/A<br>LEI: 213800LH1BZH3DI6G760       | Long             | EC               | CORP              | GB        |   1959986 | NS      | $9050024.76   | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| Ventia Services Group Pty. Ltd.                       | Ventia Services Group Pty. Ltd.                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |    420990 | NS      | $1139824.64   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Renault SA                                            | Renault SA                                                            | CUSIP: N/A<br>LEI: 969500F7JLTX36OUI695       | Long             | EC               | CORP              | FR        |     69485 | NS      | $3690430.70   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| ISS A/S                                               | ISS A/S                                                               | CUSIP: N/A<br>LEI: 213800LEZA58SZNCBN19       | Long             | EC               | CORP              | DK        |     46788 | NS      | $1173979.26   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| IPSOS SA                                              | IPSOS SA                                                              | CUSIP: N/A<br>LEI: 9695002OY2X35E9X8W87       | Long             | EC               | CORP              | FR        |     24645 | NS      | $1166809.39   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Hiscox Ltd.                                           | Hiscox Ltd.                                                           | CUSIP: N/A<br>LEI: 5493007JXOLJ0QCY2D70       | Long             | EC               | CORP              | BM        |     69379 | NS      | $1021096.92   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| DOF Group ASA                                         | DOF Group ASA                                                         | CUSIP: N/A<br>LEI: 213800GIV9N2A714T434       | Long             | EC               | CORP              | NO        |    222866 | NS      | $1747760.38   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| AGL Energy Ltd.                                       | AGL Energy Ltd.                                                       | CUSIP: N/A<br>LEI: 549300QAZ8A74DEDXO80       | Long             | EC               | CORP              | AU        |    284215 | NS      | $1936927.06   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Saipem SpA                                            | Saipem SpA                                                            | CUSIP: N/A<br>LEI: 549300PHV8MBDHWB8X12       | Long             | EC               | CORP              | IT        |    836354 | NS      | $1931952.61   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Tsubakimoto Chain Co.                                 | Tsubakimoto Chain Co.                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    130600 | NS      | $1586571.57   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Insignia Financial Ltd.                               | Insignia Financial Ltd.                                               | CUSIP: N/A<br>LEI: 5493000NLB9VUM2IHC87       | Long             | EC               | CORP              | AU        |   1022506 | NS      | $2463878.80   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Societe Generale SA                                   | Societe Generale SA                                                   | CUSIP: N/A<br>LEI: O2RNE8IBXP4R0TD8PU41       | Long             | EC               | CORP              | FR        |    100883 | NS      | $5259937.59   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Osaka Gas Co. Ltd.                                    | Osaka Gas Co. Ltd.                                                    | CUSIP: N/A<br>LEI: 353800024KMNOPQRWZ02       | Long             | EC               | CORP              | JP        |    105900 | NS      | $2685419.25   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| MFE-MediaForEurope NV                                 | MFE-MediaForEurope NV, Class B                                        | CUSIP: N/A<br>LEI: 213800DIFN7NR7B97A50       | Long             | EC               | CORP              | NL        |    255265 | NS      | $1242330.91   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Open House Group Co. Ltd.                             | Open House Group Co. Ltd.                                             | CUSIP: N/A<br>LEI: 529900WQOGPBIJEHW865       | Long             | EC               | CORP              | JP        |     49000 | NS      | $2172755.30   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Electric Industries Ltd.                     | Sumitomo Electric Industries Ltd.                                     | CUSIP: N/A<br>LEI: 5493005SP87FL5TOS202       | Long             | EC               | CORP              | JP        |    194500 | NS      | $3126278.22   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Danske Bank A/S                                       | Danske Bank A/S                                                       | CUSIP: N/A<br>LEI: MAES062Z21O4RZ2U7M96       | Long             | EC               | CORP              | DK        |     96644 | NS      | $3391003.04   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Pirelli & C SpA                                       | Pirelli & C SpA                                                       | CUSIP: N/A<br>LEI: 815600A0C9AFC1F2A709       | Long             | EC               | CORP              | IT        |    195938 | NS      | $1211386.02   | 0.12%             |  |  |  | Yes           |                  2 | On Loan: No      |
| IG Group Holdings plc                                 | IG Group Holdings plc                                                 | CUSIP: N/A<br>LEI: 2138003A5Q1M7ANOUD76       | Long             | EC               | CORP              | GB        |    104108 | NS      | $1483847.78   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyota Tsusho Corp.                                   | Toyota Tsusho Corp.                                                   | CUSIP: N/A<br>LEI: 549300CEE2ENIUJNXB84       | Long             | EC               | CORP              | JP        |    133500 | NS      | $2653008.53   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Betsson AB                                            | Betsson AB, Class B                                                   | CUSIP: N/A<br>LEI: 549300W61XW8OFGBG077       | Long             | EC               | CORP              | SE        |     83610 | NS      | $1462261.65   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| N/A                                                   | MSCI EAFE Index                                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |       376 | NC      | $1315391.68   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Yamato Kogyo Co. Ltd.                                 | Yamato Kogyo Co. Ltd.                                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     23200 | NS      | $1381528.51   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Nokia OYJ                                             | Nokia OYJ                                                             | CUSIP: N/A<br>LEI: 549300A0JPRWG1KI7U06       | Long             | EC               | CORP              | FI        |    755439 | NS      | $3776569.49   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Phoenix Group Holdings plc                            | Phoenix Group Holdings plc                                            | CUSIP: N/A<br>LEI: 2138001P49OLAEU33T68       | Long             | EC               | CORP              | GB        |    353484 | NS      | $2827989.33   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| BFF Bank SpA                                          | BFF Bank SpA                                                          | CUSIP: N/A<br>LEI: 815600522538355AE429       | Long             | EC               | CORP              | IT        |    149774 | NS      | $1418930.21   | 0.14%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Burberry Group plc                                    | Burberry Group plc                                                    | CUSIP: N/A<br>LEI: 213800PE1KEFCNFR1R50       | Long             | EC               | CORP              | GB        |    116938 | NS      | $1138833.00   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Investec plc                                          | Investec plc                                                          | CUSIP: N/A<br>LEI: 2138007Z3U5GWDN3MY22       | Long             | EC               | CORP              | GB        |    277138 | NS      | $1740192.32   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Greencore Group plc                                   | Greencore Group plc                                                   | CUSIP: N/A<br>LEI: 635400GGBEWULJXM5868       | Long             | EC               | CORP              | IE        |    508975 | NS      | $1254875.32   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| BPER Banca SpA                                        | BPER Banca SpA                                                        | CUSIP: N/A<br>LEI: N747OI7JINV7RUUH6190       | Long             | EC               | CORP              | IT        |    241568 | NS      | $1962036.10   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| DBS Group Holdings Ltd.                               | DBS Group Holdings Ltd.                                               | CUSIP: N/A<br>LEI: 5493007FKT78NKPM5V55       | Long             | EC               | CORP              | SG        |    102440 | NS      | $3328195.05   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Avolta AG                                             | Avolta AG                                                             | CUSIP: N/A<br>LEI: 549300X53WDBVW7TIF57       | Long             | EC               | CORP              | CH        |     25172 | NS      | $1147031.74   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Intesa Sanpaolo SpA                                   | Intesa Sanpaolo SpA                                                   | CUSIP: N/A<br>LEI: 2W8N8UU78PMDQKZENC08       | Long             | EC               | CORP              | IT        |   1781460 | NS      | $9509946.97   | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| BHP Group Ltd.                                        | BHP Group Ltd.                                                        | CUSIP: N/A<br>LEI: WZE1WSENV6JSZFK0JC28       | Long             | EC               | CORP              | AU        |    594962 | NS      | $14180116.88  | 1.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Mitsui Financial Group, Inc.                 | Sumitomo Mitsui Financial Group, Inc.                                 | CUSIP: N/A<br>LEI: 35380028MYWPB6AUO129       | Long             | EC               | CORP              | JP        |    427300 | NS      | $10194187.37  | 0.98%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Steel Corp.                                    | Nippon Steel Corp.                                                    | CUSIP: N/A<br>LEI: 35380065QWQ4U2V3PA33       | Long             | EC               | CORP              | JP        |    185700 | NS      | $3908560.18   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Unicaja Banco SA                                      | Unicaja Banco SA                                                      | CUSIP: N/A<br>LEI: 5493007SJLLCTM6J6M37       | Long             | EC               | CORP              | ES        |    841157 | NS      | $1603287.75   | 0.15%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Kansai Electric Power Co., Inc. (The)                 | Kansai Electric Power Co., Inc. (The)                                 | CUSIP: N/A<br>LEI: 353800PFUKP5ONPJNZ86       | Long             | EC               | CORP              | JP        |    170400 | NS      | $2099402.35   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Great Portland Estates plc                            | Great Portland Estates plc                                            | CUSIP: N/A<br>LEI: 213800JMEDD2Q4N1MC42       | Long             | EC               | CORP              | GB        |    343228 | NS      | $1418001.86   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Toyoda Gosei Co. Ltd.                                 | Toyoda Gosei Co. Ltd.                                                 | CUSIP: N/A<br>LEI: 353800ZV4HXVM4DWPO50       | Long             | EC               | CORP              | JP        |    127900 | NS      | $2455892.82   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| SBM Offshore NV                                       | SBM Offshore NV                                                       | CUSIP: N/A<br>LEI: 549300RDGCRYZ5QE6513       | Long             | EC               | CORP              | NL        |     70245 | NS      | $1476836.64   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Talanx AG                                             | Talanx AG                                                             | CUSIP: N/A<br>LEI: 5299006ZIILJ6VJVSJ32       | Long             | EC               | CORP              | DE        |     17636 | NS      | $2024050.09   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi UFJ Financial Group, Inc.                  | Mitsubishi UFJ Financial Group, Inc.                                  | CUSIP: N/A<br>LEI: 353800V2V8PUY9TK3E06       | Long             | EC               | CORP              | JP        |   1272300 | NS      | $16029871.70  | 1.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Modec, Inc.                                           | Modec, Inc.                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     98700 | NS      | $2995331.47   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Niterra Co. Ltd.                                      | Niterra Co. Ltd.                                                      | CUSIP: N/A<br>LEI: 549300RG3XQGTFM4HH31       | Long             | EC               | CORP              | JP        |     41600 | NS      | $1295293.39   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Hochschild Mining plc                                 | Hochschild Mining plc                                                 | CUSIP: N/A<br>LEI: 549300JK10TVQ3CCJQ89       | Long             | EC               | CORP              | GB        |    562752 | NS      | $2119152.51   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Keller Group plc                                      | Keller Group plc                                                      | CUSIP: N/A<br>LEI: 549300QO4MBL43UHSN10       | Long             | EC               | CORP              | GB        |     57129 | NS      | $1087861.89   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Eurocommercial Properties NV                          | Eurocommercial Properties NV                                          | CUSIP: N/A<br>LEI: 724500SFK53FPNM68L95       | Long             | EC               | CORP              | NL        |     47043 | NS      | $1359373.67   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Erste Group Bank AG                                   | Erste Group Bank AG                                                   | CUSIP: N/A<br>LEI: PQOH26KWDF7CG10L6792       | Long             | EC               | CORP              | AT        |     45245 | NS      | $3064065.58   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Vonovia SE                                            | Vonovia SE                                                            | CUSIP: N/A<br>LEI: 5299005A2ZEP6AP7KM81       | Long             | EC               | CORP              | DE        |    131057 | NS      | $4347172.07   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Perseus Mining Ltd.                                   | Perseus Mining Ltd.                                                   | CUSIP: N/A<br>LEI: 54930054ZDGKBCW3SM26       | Long             | EC               | CORP              | AU        |    627658 | NS      | $1345203.70   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| LEG Immobilien SE                                     | LEG Immobilien SE                                                     | CUSIP: N/A<br>LEI: 391200SO40AKONBO0Z96       | Long             | EC               | CORP              | DE        |     27726 | NS      | $2350310.85   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| MISUMI Group, Inc.                                    | MISUMI Group, Inc.                                                    | CUSIP: N/A<br>LEI: 353800SJWGE5BEK2V032       | Long             | EC               | CORP              | JP        |     57000 | NS      | $798528.08    | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| British Land Co. plc (The)                            | British Land Co. plc (The)                                            | CUSIP: N/A<br>LEI: RV5B68J2GV3QGMRPW209       | Long             | EC               | CORP              | GB        |    213781 | NS      | $1124671.33   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Roche Holding AG                                      | Roche Holding AG                                                      | CUSIP: N/A<br>LEI: 549300U41AUUVOAAOB37       | Long             | EC               | CORP              | CH        |     80273 | NS      | $26248188.67  | 2.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Allianz SE                                            | Allianz SE (Registered)                                               | CUSIP: N/A<br>LEI: 529900K9B0N5BT694847       | Long             | EC               | CORP              | DE        |     44764 | NS      | $18513346.68  | 1.77%             |  |  |  | No            |                  2 | On Loan: No      |
| Fuji Media Holdings, Inc.                             | Fuji Media Holdings, Inc.                                             | CUSIP: N/A<br>LEI: 353800TG2T8DSPV7H313       | Long             | EC               | CORP              | JP        |    110100 | NS      | $2279883.67   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| UACJ Corp.                                            | UACJ Corp.                                                            | CUSIP: N/A<br>LEI: 353800GO7FBE4RSRH831       | Long             | EC               | CORP              | JP        |     51600 | NS      | $1740898.48   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Aker BP ASA                                           | Aker BP ASA                                                           | CUSIP: N/A<br>LEI: 549300NFTY73920OYK69       | Long             | EC               | CORP              | NO        |     81181 | NS      | $1742753.83   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Currys plc                                            | Currys plc                                                            | CUSIP: N/A<br>LEI: 2138001E12GWLLDQQF16       | Long             | EC               | CORP              | GB        |   1301916 | NS      | $1929492.62   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| KDDI Corp.                                            | KDDI Corp.                                                            | CUSIP: N/A<br>LEI: 5299003FU7V4I45FU310       | Long             | EC               | CORP              | JP        |    353900 | NS      | $6272390.34   | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Credit Agricole SA                                    | Credit Agricole SA                                                    | CUSIP: N/A<br>LEI: 969500TJ5KRTCJQWXH05       | Long             | EC               | CORP              | FR        |    187128 | NS      | $3509882.93   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Skandinaviska Enskilda Banken AB                      | Skandinaviska Enskilda Banken AB, Class A                             | CUSIP: N/A<br>LEI: F3JS33DEI6XQ4ZBPTN86       | Long             | EC               | CORP              | SE        |    204985 | NS      | $3252636.04   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| E.ON SE                                               | E.ON SE                                                               | CUSIP: N/A<br>LEI: Q9MAIUP40P25UFBFG033       | Long             | EC               | CORP              | DE        |    339510 | NS      | $5937889.08   | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| Sojitz Corp.                                          | Sojitz Corp.                                                          | CUSIP: N/A<br>LEI: 5493004SE33MRLPB1W98       | Long             | EC               | CORP              | JP        |     73620 | NS      | $1741690.68   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Shell plc                                             | Shell plc                                                             | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |    689387 | NS      | $22247720.25  | 2.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Rubis SCA                                             | Rubis SCA                                                             | CUSIP: N/A<br>LEI: 969500MGFIKUGLTC9742       | Long             | EC               | CORP              | FR        |     39044 | NS      | $1270911.90   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Vallourec SACA                                        | Vallourec SACA                                                        | CUSIP: N/A<br>LEI: 969500P2Q1B47H4MCJ34       | Long             | EC               | CORP              | FR        |    108629 | NS      | $2007763.11   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| AIB Group plc                                         | AIB Group plc                                                         | CUSIP: N/A<br>LEI: 635400AKJBGNS5WNQL34       | Long             | EC               | CORP              | IE        |    389971 | NS      | $2621018.60   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Aroundtown SA                                         | Aroundtown SA                                                         | CUSIP: N/A<br>LEI: 529900H4DWG3KWMBMQ39       | Long             | EC               | CORP              | LU        |    477166 | NS      | $1425585.32   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokai Rika Co. Ltd.                                   | Tokai Rika Co. Ltd.                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    108500 | NS      | $1615955.42   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| JET2 plc                                              | JET2 plc                                                              | CUSIP: N/A<br>LEI: I72RQ3PNLDPW8R7JIJ56       | Long             | EC               | CORP              | GB        |    103054 | NS      | $2180774.88   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Ambea AB                                              | Ambea AB                                                              | CUSIP: N/A<br>LEI: 549300AEVNZRHYI5HV24       | Long             | EC               | CORP              | SE        |    209049 | NS      | $2525425.78   | 0.24%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Marubeni Corp.                                        | Marubeni Corp.                                                        | CUSIP: N/A<br>LEI: 4P4N3ORD02UGQT1T1W12       | Long             | EC               | CORP              | JP        |    183100 | NS      | $3246117.96   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| ABN AMRO Bank NV                                      | ABN AMRO Bank NV                                                      | CUSIP: N/A<br>LEI: BFXS5XCH7N0Y05NIXW11       | Long             | EC               | CORP              | NL        |    106167 | NS      | $2200081.94   | 0.21%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria SA                    | Banco Bilbao Vizcaya Argentaria SA                                    | CUSIP: N/A<br>LEI: K8MS7FD7N5Z2WQ51AZ71       | Long             | EC               | CORP              | ES        |    671841 | NS      | $9220374.69   | 0.88%             |  |  |  | No            |                  2 | On Loan: No      |
| Yue Yuen Industrial Holdings Ltd.                     | Yue Yuen Industrial Holdings Ltd.                                     | CUSIP: N/A<br>LEI: 254900YUFIBANZ1XU687       | Long             | EC               | CORP              | BM        |    657500 | NS      | $943972.11    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Vicat SACA                                            | Vicat SACA                                                            | CUSIP: N/A<br>LEI: 9695009YI1863TOVDP79       | Long             | EC               | CORP              | FR        |     28063 | NS      | $1571343.51   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Loomis AB                                             | Loomis AB                                                             | CUSIP: N/A<br>LEI: 213800NS2XXVRYS7WP40       | Long             | EC               | CORP              | SE        |     31178 | NS      | $1297673.06   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Swire Properties Ltd.                                 | Swire Properties Ltd.                                                 | CUSIP: N/A<br>LEI: 5299001L12PHYVQ92465       | Long             | EC               | CORP              | HK        |    921600 | NS      | $2036710.20   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Bilfinger SE                                          | Bilfinger SE                                                          | CUSIP: N/A<br>LEI: 529900H0HULEN2BZ4604       | Long             | EC               | CORP              | DE        |     26277 | NS      | $2234856.61   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyota Motor Corp.                                    | Toyota Motor Corp.                                                    | CUSIP: N/A<br>LEI: 5493006W3QUS5LMH6R84       | Long             | EC               | CORP              | JP        |    496200 | NS      | $9477131.89   | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyo Tatemono Co. Ltd.                               | Tokyo Tatemono Co. Ltd.                                               | CUSIP: N/A<br>LEI: 529900RQA4JTW1869J86       | Long             | EC               | CORP              | JP        |    111100 | NS      | $1991837.24   | 0.19%             |  |  |  | No            |                  2 | On Loan: —       |
| Premier Foods plc                                     | Premier Foods plc                                                     | CUSIP: N/A<br>LEI: 213800ZD5I8XHNMCJA67       | Long             | EC               | CORP              | GB        |    451158 | NS      | $1197706.47   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ITV plc                                               | ITV plc                                                               | CUSIP: N/A<br>LEI: ZLECI7ED2QMWFGYCXZ59       | Long             | EC               | CORP              | GB        |   1378993 | NS      | $1486267.58   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| WH Group Ltd.                                         | WH Group Ltd.                                                         | CUSIP: N/A<br>LEI: 254900A4AYEDRWYSE928       | Long             | EC               | CORP              | KY        |   2456000 | NS      | $2196173.16   | 0.21%             |  |  |  | Yes           |                  2 | On Loan: No      |
| TUI AG                                                | TUI AG                                                                | CUSIP: N/A<br>LEI: 529900SL2WSPV293B552       | Long             | EC               | CORP              | DE        |    137034 | NS      | $1054406.26   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Buzzi SpA                                             | Buzzi SpA                                                             | CUSIP: N/A<br>LEI: 5299003DX5YLKSVJ6K59       | Long             | EC               | CORP              | IT        |     28682 | NS      | $1503023.13   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Gunma Bank Ltd. (The)                                 | Gunma Bank Ltd. (The)                                                 | CUSIP: N/A<br>LEI: 54930054A69VC4I5BP89       | Long             | EC               | CORP              | JP        |    163900 | NS      | $1366886.33   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Takeda Pharmaceutical Co. Ltd.                        | Takeda Pharmaceutical Co. Ltd.                                        | CUSIP: N/A<br>LEI: 549300ZLMVP4X0OGR454       | Long             | EC               | CORP              | JP        |    156700 | NS      | $4739960.03   | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Storskogen Group AB                                   | Storskogen Group AB, Class B                                          | CUSIP: N/A<br>LEI: 549300DL3K4HLJ41KD24       | Long             | EC               | CORP              | SE        |   1102951 | NS      | $1453166.56   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Zurich Insurance Group AG                             | Zurich Insurance Group AG                                             | CUSIP: N/A<br>LEI: 529900QVNRBND50TXP03       | Long             | EC               | CORP              | CH        |     17586 | NS      | $12473236.84  | 1.19%             |  |  |  | No            |                  2 | On Loan: No      |
| UniCredit SpA                                         | UniCredit SpA                                                         | CUSIP: N/A<br>LEI: 549300TRUWO2CD2G5692       | Long             | EC               | CORP              | IT        |    153207 | NS      | $8913714.58   | 0.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Standard Chartered plc                                | Standard Chartered plc                                                | CUSIP: N/A<br>LEI: U4LOSYZ7YG4W3S5F2G91       | Long             | EC               | CORP              | GB        |    292746 | NS      | $4216494.64   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Dunelm Group plc                                      | Dunelm Group plc                                                      | CUSIP: N/A<br>LEI: 213800WCOWEI3T5DUV19       | Long             | EC               | CORP              | GB        |    153188 | NS      | $2249595.71   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Azimut Holding SpA                                    | Azimut Holding SpA                                                    | CUSIP: N/A<br>LEI: 81560025690EF8540635       | Long             | EC               | CORP              | IT        |     37359 | NS      | $1038174.09   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Cairn Homes plc                                       | Cairn Homes plc                                                       | CUSIP: N/A<br>LEI: 635400DPX6WP2KKDOA83       | Long             | EC               | CORP              | IE        |    523079 | NS      | $1152357.68   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Realty & Development Co. Ltd.                | Sumitomo Realty & Development Co. Ltd.                                | CUSIP: N/A<br>LEI: 353800SO2DCLOI3LNZ64       | Long             | EC               | CORP              | JP        |     66100 | NS      | $2461980.70   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Furukawa Electric Co. Ltd.                            | Furukawa Electric Co. Ltd.                                            | CUSIP: N/A<br>LEI: 353800TJR1DQ3P1QR918       | Long             | EC               | CORP              | JP        |     30000 | NS      | $947448.69    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| easyJet plc                                           | easyJet plc                                                           | CUSIP: N/A<br>LEI: 2138001S47XKWIB7TH90       | Long             | EC               | CORP              | GB        |    158899 | NS      | $1053507.87   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Poste Italiane SpA                                    | Poste Italiane SpA                                                    | CUSIP: N/A<br>LEI: 815600354DEDBD0BA991       | Long             | EC               | CORP              | IT        |    143078 | NS      | $2904082.47   | 0.28%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Cie Generale des Etablissements Michelin SCA          | Cie Generale des Etablissements Michelin SCA                          | CUSIP: N/A<br>LEI: 549300SOSI58J6VIW052       | Long             | EC               | CORP              | FR        |    110851 | NS      | $4053347.23   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Granges AB                                            | Granges AB                                                            | CUSIP: N/A<br>LEI: 5493006UG44TYSIXOB13       | Long             | EC               | CORP              | SE        |     94653 | NS      | $1182276.30   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Volkswagen AG                                         | Volkswagen AG (Preference)                                            | CUSIP: N/A<br>LEI: 529900NNUPAGGOMPXZ31       | Long             | EC               | CORP              | DE        |     33764 | NS      | $3673872.50   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| ORIX Corp.                                            | ORIX Corp.                                                            | CUSIP: N/A<br>LEI: 35380016EMHNBOVYE123       | Long             | EC               | CORP              | JP        |    212800 | NS      | $4268774.64   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| H Lundbeck A/S                                        | H Lundbeck A/S                                                        | CUSIP: N/A<br>LEI: 5493006R4KC2OI5D3470       | Long             | EC               | CORP              | DK        |    220804 | NS      | $1056660.39   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Inpex Corp.                                           | Inpex Corp.                                                           | CUSIP: N/A<br>LEI: 353800VHYYADPR6MXQ47       | Long             | EC               | CORP              | JP        |    238500 | NS      | $2983515.61   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Eurazeo SE                                            | Eurazeo SE                                                            | CUSIP: N/A<br>LEI: 969500C656AA39O94N60       | Long             | EC               | CORP              | FR        |     15165 | NS      | $1108857.70   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Rio Tinto plc                                         | Rio Tinto plc                                                         | CUSIP: N/A<br>LEI: 213800YOEO5OQ72G2R82       | Long             | EC               | CORP              | GB        |    196140 | NS      | $11687867.79  | 1.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Centrica plc                                          | Centrica plc                                                          | CUSIP: N/A<br>LEI: E26EDV109X6EEPBKVH76       | Long             | EC               | CORP              | GB        |   1808945 | NS      | $3873008.57   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Equinor ASA                                           | Equinor ASA                                                           | CUSIP: N/A<br>LEI: OW6OFBNCKXC4US5C7523       | Long             | EC               | CORP              | NO        |    147337 | NS      | $3335066.36   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco BPM SpA                                         | Banco BPM SpA                                                         | CUSIP: N/A<br>LEI: 815600E4E6DCD2D25E30       | Long             | EC               | CORP              | IT        |    255716 | NS      | $2854434.76   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Koninklijke Heijmans N.V.                             | Koninklijke Heijmans N.V.                                             | CUSIP: N/A<br>LEI: 724500OUE3PCA809DZ79       | Long             | EC               | CORP              | NL        |     84381 | NS      | $4321912.35   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Millicom International Cellular SA                    | Millicom International Cellular SA                                    | CUSIP: N/A<br>LEI: 549300CTHC1CP86P2G96       | Long             | EC               | CORP              | LU        |     35425 | NS      | $1223579.50   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Plus500 Ltd.                                          | Plus500 Ltd.                                                          | CUSIP: N/A<br>LEI: 549300X8NGW9C5OJZU13       | Long             | EC               | CORP              | IL        |     48483 | NS      | $1987429.10   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Fresenius SE & Co. KGaA                               | Fresenius SE & Co. KGaA                                               | CUSIP: N/A<br>LEI: XDFJ0CYCOO1FXRFTQS51       | Long             | EC               | CORP              | DE        |     77225 | NS      | $3667950.94   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Carlsberg A/S                                         | Carlsberg A/S, Class B                                                | CUSIP: N/A<br>LEI: 5299001O0WJQYB5GYZ19       | Long             | EC               | CORP              | DK        |     10387 | NS      | $1415266.85   | 0.14%             |  |  |  | No            |                  2 | On Loan: —       |
| TotalEnergies SE                                      | TotalEnergies SE                                                      | CUSIP: N/A<br>LEI: 529900S21EQ1BO4ESM68       | Long             | EC               | CORP              | FR        |    252030 | NS      | $14354413.92  | 1.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Iveco Group NV                                        | Iveco Group NV                                                        | CUSIP: N/A<br>LEI: 549300ZWF2ZJDD9EOR96       | Long             | EC               | CORP              | NL        |     75899 | NS      | $1212569.14   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Engie SA                                              | Engie SA                                                              | CUSIP: N/A<br>LEI: LAXUQCHT4FH58LRZDY46       | Long             | EC               | CORP              | FR        |    270256 | NS      | $5585738.72   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| ProSiebenSat.1 Media SE                               | ProSiebenSat.1 Media SE                                               | CUSIP: N/A<br>LEI: 529900NY0WWQUKOMWQ37       | Long             | EC               | CORP              | DE        |    252879 | NS      | $1764770.33   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Future plc                                            | Future plc                                                            | CUSIP: N/A<br>LEI: 213800K2581YRLEXV353       | Long             | EC               | CORP              | GB        |     98644 | NS      | $938114.00    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| BT Group plc                                          | BT Group plc                                                          | CUSIP: N/A<br>LEI: 213800LRO7NS5CYQMN21       | Long             | EC               | CORP              | GB        |   1138337 | NS      | $2642030.72   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Nestle SA                                             | Nestle SA (Registered)                                                | CUSIP: N/A<br>LEI: KY37LUS27QQX7BB93L28       | Long             | EC               | CORP              | CH        |    180261 | NS      | $19186509.46  | 1.84%             |  |  |  | No            |                  2 | On Loan: No      |
| KBC Group NV                                          | KBC Group NV                                                          | CUSIP: N/A<br>LEI: 213800X3Q9LSAKRUWY91       | Long             | EC               | CORP              | BE        |     34470 | NS      | $3178435.42   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Morgan Sindall Group plc                              | Morgan Sindall Group plc                                              | CUSIP: N/A<br>LEI: 2138008339ULDGZRB345       | Long             | EC               | CORP              | GB        |     23283 | NS      | $1100570.87   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Telekom Austria AG                                    | Telekom Austria AG                                                    | CUSIP: N/A<br>LEI: 529900KCNFQU5OJH7L33       | Long             | EC               | CORP              | AT        |    186828 | NS      | $1972560.29   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Sydbank A/S                                           | Sydbank A/S                                                           | CUSIP: N/A<br>LEI: GP5DT10VX1QRQUKVBK64       | Long             | EC               | CORP              | DK        |     16979 | NS      | $1087341.42   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Hornbach Holding AG & Co. KGaA                        | Hornbach Holding AG & Co. KGaA                                        | CUSIP: N/A<br>LEI: 529900EGQZ79V21LBL44       | Long             | EC               | CORP              | DE        |     13911 | NS      | $1566198.96   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Japan Petroleum Exploration Co. Ltd.                  | Japan Petroleum Exploration Co. Ltd.                                  | CUSIP: N/A<br>LEI: 549300WXUNBZ356DMN17       | Long             | EC               | CORP              | JP        |    223500 | NS      | $1604359.95   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Unipol Assicurazioni SpA                              | Unipol Assicurazioni SpA                                              | CUSIP: N/A<br>LEI: 8156005CE5E7340CCA86       | Long             | EC               | CORP              | IT        |    220337 | NS      | $3952119.97   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Rubber Industries Ltd.                       | Sumitomo Rubber Industries Ltd.                                       | CUSIP: N/A<br>LEI: 353800JD4V72SJ3EOX37       | Long             | EC               | CORP              | JP        |    170700 | NS      | $2149671.81   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| BOC Hong Kong Holdings Ltd.                           | BOC Hong Kong Holdings Ltd.                                           | CUSIP: N/A<br>LEI: 254900JB98W77JDJMW15       | Long             | EC               | CORP              | HK        |    724000 | NS      | $3003428.46   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Nordea Bank Abp                                       | Nordea Bank Abp                                                       | CUSIP: N/A<br>LEI: 529900ODI3047E2LIV03       | Long             | EC               | CORP              | FI        |    247863 | NS      | $3401364.43   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Yangzijiang Shipbuilding Holdings Ltd.                | Yangzijiang Shipbuilding Holdings Ltd.                                | CUSIP: N/A<br>LEI: 254900Z3JEM14YIGLM66       | Long             | EC               | CORP              | SG        |   1221600 | NS      | $2092556.05   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Tele2 AB                                              | Tele2 AB, Class B                                                     | CUSIP: N/A<br>LEI: 213800EKD193RVI9HL76       | Long             | EC               | CORP              | SE        |    180301 | NS      | $2660167.03   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Danieli & C Officine Meccaniche SpA                   | Danieli & C Officine Meccaniche SpA                                   | CUSIP: N/A<br>LEI: 815600B4B8C6A353E566       | Long             | EC               | CORP              | IT        |     43229 | NS      | $1170000.14   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Coface SA                                             | Coface SA                                                             | CUSIP: N/A<br>LEI: 96950025N07LTJYFSN57       | Long             | EC               | CORP              | FR        |     92172 | NS      | $1889227.37   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| OCI NV                                                | OCI NV                                                                | CUSIP: N/A<br>LEI: 549300NCMRGIBJYUOE57       | Long             | EC               | CORP              | NL        |     78880 | NS      | $655384.22    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Heidelberg Materials AG                               | Heidelberg Materials AG                                               | CUSIP: N/A<br>LEI: LZ2C6E0W5W7LQMX5ZI37       | Long             | EC               | CORP              | DE        |     24772 | NS      | $4952254.86   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| CaixaBank SA                                          | CaixaBank SA                                                          | CUSIP: N/A<br>LEI: 7CUNS533WID6K7DGFI87       | Long             | EC               | CORP              | ES        |    537051 | NS      | $4116068.90   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Telekom AG                                   | Deutsche Telekom AG (Registered)                                      | CUSIP: N/A<br>LEI: 549300V9QSIG4WX4GJ96       | Long             | EC               | CORP              | DE        |    412858 | NS      | $14828837.67  | 1.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyo Steel Manufacturing Co. Ltd.                    | Tokyo Steel Manufacturing Co. Ltd.                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    167100 | NS      | $1889366.17   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Novartis AG                                           | Novartis AG (Registered)                                              | CUSIP: N/A<br>LEI: 5493007HIVTX6SY6XD66       | Long             | EC               | CORP              | CH        |    117100 | NS      | $13356111.06  | 1.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Sompo Holdings, Inc.                                  | Sompo Holdings, Inc.                                                  | CUSIP: N/A<br>LEI: 353800CWW4SRGEYEB512       | Long             | EC               | CORP              | JP        |     93600 | NS      | $3067376.06   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| New Hope Corp. Ltd.                                   | New Hope Corp. Ltd.                                                   | CUSIP: N/A<br>LEI: 254900DHRUGXZSLSNZ83       | Long             | EC               | CORP              | AU        |    698101 | NS      | $1637641.74   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| AerCap Holdings NV                                    | AerCap Holdings NV                                                    | CUSIP: N/A<br>LEI: 549300SZYINBBLJQU475       | Long             | EC               | CORP              | NL        |     34516 | NS      | $3658696.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Paragon Banking Group plc                             | Paragon Banking Group plc                                             | CUSIP: N/A<br>LEI: 213800S1TDKIB1IUTS72       | Long             | EC               | CORP              | GB        |    194924 | NS      | $2202071.08   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Havas NV                                              | Havas NV                                                              | CUSIP: N/A<br>LEI: 894500L53AVOFQK7T710       | Long             | EC               | CORP              | NL        |    845192 | NS      | $1406026.90   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Asahi Group Holdings Ltd.                             | Asahi Group Holdings Ltd.                                             | CUSIP: N/A<br>LEI: 353800KAJ02XNHLCJW79       | Long             | EC               | CORP              | JP        |    201000 | NS      | $2778281.74   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| SAF-Holland SE                                        | SAF-Holland SE                                                        | CUSIP: N/A<br>LEI: 222100QJQLUJHWREL058       | Long             | EC               | CORP              | DE        |     76295 | NS      | $1384307.12   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| International Consolidated Airlines Group SA          | International Consolidated Airlines Group SA                          | CUSIP: N/A<br>LEI: 959800TZHQRUSH1ESL13       | Long             | EC               | CORP              | ES        |    530288 | NS      | $1842468.91   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Nomura Real Estate Holdings, Inc.                     | Nomura Real Estate Holdings, Inc.                                     | CUSIP: N/A<br>LEI: 353800UZ91CT24OL9P59       | Long             | EC               | CORP              | JP        |    270500 | NS      | $1608783.55   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| B&M European Value Retail SA                          | B&M European Value Retail SA                                          | CUSIP: N/A<br>LEI: 213800UK7ZRLY2K1X530       | Long             | EC               | CORP              | LU        |    452963 | NS      | $2037146.95   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Suzuki Motor Corp.                                    | Suzuki Motor Corp.                                                    | CUSIP: N/A<br>LEI: 353800D83H0V3ZV1SV24       | Long             | EC               | CORP              | JP        |    307300 | NS      | $3682581.19   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC Holdings plc                                     | HSBC Holdings plc                                                     | CUSIP: N/A<br>LEI: MLU0ZO3ML4LN2LL2TL39       | Long             | EC               | CORP              | GB        |   1958405 | NS      | $21831075.25  | 2.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Nordea Bank Abp                                       | Nordea Bank Abp                                                       | CUSIP: N/A<br>LEI: 529900ODI3047E2LIV03       | Long             | EC               | CORP              | FI        |    118539 | NS      | $1641640.79   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Pennon Group plc                                      | Pennon Group plc                                                      | CUSIP: N/A<br>LEI: 213800V1CCTS41GWH423       | Long             | EC               | CORP              | GB        |    333849 | NS      | $2234897.71   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Continental AG                                        | Continental AG                                                        | CUSIP: N/A<br>LEI: 529900A7YD9C0LLXM621       | Long             | EC               | CORP              | DE        |     24668 | NS      | $1928412.21   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Koninklijke BAM Groep NV                              | Koninklijke BAM Groep NV                                              | CUSIP: N/A<br>LEI: 724500V38C5KTDY5BS93       | Long             | EC               | CORP              | NL        |    427766 | NS      | $2897598.38   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Isuzu Motors Ltd.                                     | Isuzu Motors Ltd.                                                     | CUSIP: N/A<br>LEI: 529900C0QSXVCC7AR494       | Long             | EC               | CORP              | JP        |    184800 | NS      | $2485271.21   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Aker Solutions ASA                                    | Aker Solutions ASA                                                    | CUSIP: N/A<br>LEI: 5967007LIEEXZXG42836       | Long             | EC               | CORP              | NO        |    449330 | NS      | $1219529.26   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Webuild SpA                                           | Webuild SpA                                                           | CUSIP: N/A<br>LEI: 549300UKR289DF4UXQ47       | Long             | EC               | CORP              | IT        |    432909 | NS      | $1570621.94   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Land Securities Group plc                             | Land Securities Group plc                                             | CUSIP: N/A<br>LEI: 213800V8IAVKS37D6B88       | Long             | EC               | CORP              | GB        |    188518 | NS      | $1493871.49   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Kobe Steel Ltd.                                       | Kobe Steel Ltd.                                                       | CUSIP: N/A<br>LEI: 549300ZDCYYUPHEE5K87       | Long             | EC               | CORP              | JP        |    146500 | NS      | $1718136.33   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| NatWest Group plc                                     | NatWest Group plc                                                     | CUSIP: N/A<br>LEI: 2138005O9XJIJN4JPN90       | Long             | EC               | CORP              | GB        |    969877 | NS      | $6238526.77   | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| Swiss Re AG                                           | Swiss Re AG                                                           | CUSIP: N/A<br>LEI: 529900PS9YW3YY29F326       | Long             | EC               | CORP              | CH        |     40588 | NS      | $7285720.55   | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| SSE plc                                               | SSE plc                                                               | CUSIP: N/A<br>LEI: 549300KI75VYLLMSK856       | Long             | EC               | CORP              | GB        |    127948 | NS      | $2884724.37   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| United Laboratories International Holdings Ltd. (The) | United Laboratories International Holdings Ltd. (The)                 | CUSIP: N/A<br>LEI: 2549007JL3XIH77JXN70       | Long             | EC               | CORP              | KY        |   1022000 | NS      | $1831490.59   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| DNB Bank ASA                                          | DNB Bank ASA                                                          | CUSIP: N/A<br>LEI: 549300GKFG0RYRRQ1414       | Long             | EC               | CORP              | NO        |    126944 | NS      | $3173360.87   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Amada Co. Ltd.                                        | Amada Co. Ltd.                                                        | CUSIP: N/A<br>LEI: 529900QF5O6TQGCPDX85       | Long             | EC               | CORP              | JP        |    133400 | NS      | $1335737.84   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| ASR Nederland NV                                      | ASR Nederland NV                                                      | CUSIP: N/A<br>LEI: 7245000G0HS48PZWUD53       | Long             | EC               | CORP              | NL        |     41830 | NS      | $2639423.58   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| United Overseas Bank Ltd.                             | United Overseas Bank Ltd.                                             | CUSIP: N/A<br>LEI: IO66REGK3RCBAMA8HR66       | Long             | EC               | CORP              | SG        |    153300 | NS      | $4071470.81   | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Beazley plc                                           | Beazley plc                                                           | CUSIP: N/A<br>LEI: 213800VTOMUWD41GIT12       | Long             | EC               | CORP              | GB        |    151949 | NS      | $1800392.93   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Taylor Wimpey plc                                     | Taylor Wimpey plc                                                     | CUSIP: N/A<br>LEI: 21380089BTRXTD8S3R66       | Long             | EC               | CORP              | GB        |    755533 | NS      | $1187175.56   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Tecnicas Reunidas SA                                  | Tecnicas Reunidas SA                                                  | CUSIP: N/A<br>LEI: 213800JEZBUPZKWJGF49       | Long             | EC               | CORP              | ES        |    110050 | NS      | $1846983.53   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Comercial Portugues SA                          | Banco Comercial Portugues SA, Class R                                 | CUSIP: N/A<br>LEI: JU1U6S0DG9YLT7N8ZV32       | Long             | EC               | CORP              | PT        |   2689806 | NS      | $1720395.24   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Aviva plc                                             | Aviva plc                                                             | CUSIP: N/A<br>LEI: YF0Y5B0IB8SM0ZFG9G81       | Long             | EC               | CORP              | GB        |    483297 | NS      | $3621054.12   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Deutsche Bank AG                                      | Deutsche Bank AG (Registered)                                         | CUSIP: N/A<br>LEI: 7LTWFZYICNSX8D621K86       | Long             | EC               | CORP              | DE        |    246962 | NS      | $6475427.66   | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitie Group plc                                       | Mitie Group plc                                                       | CUSIP: N/A<br>LEI: 213800MTCLTKEHWZMJ03       | Long             | EC               | CORP              | GB        |    948183 | NS      | $1828445.28   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Henkel AG & Co. KGaA                                  | Henkel AG & Co. KGaA (Preference)                                     | CUSIP: N/A<br>LEI: 549300VZCL1HTH4O4Y49       | Long             | EC               | CORP              | DE        |     32594 | NS      | $2531457.63   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Modern Times Group MTG AB                             | Modern Times Group MTG AB, Class B                                    | CUSIP: N/A<br>LEI: 549300E8NDODRSX29339       | Long             | EC               | CORP              | SE        |    111807 | NS      | $1339579.79   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Toyota Industries Corp.                               | Toyota Industries Corp.                                               | CUSIP: N/A<br>LEI: 35380000WKGEAHEMW830       | Long             | EC               | CORP              | JP        |     38700 | NS      | $4538538.40   | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-30

**Name of Applicant:** JPMorgan Trust I

**Signature:** Timothy J. Clemens

**Name of Signer:** Timothy J. Clemens

**Title:** Treasurer and Principal Financial Officer