# EDGAR Filing Document

**Accession Number:** 0001413594
**File Stem:** 0001752724-25-137925
**Filing Date:** 2025-6
**Character Count:** 29883
**Document Hash:** 49a28583d4e7a2b5400248102974afc2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-137925.hdr.sgml**: 20250613

**ACCESSION NUMBER**: 0001752724-25-137925

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250613

**DATE AS OF CHANGE**: 20250613

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** abrdn Funds
- **CENTRAL INDEX KEY:** 0001413594

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22132
- **FILM NUMBER:** 251045351

**BUSINESS ADDRESS:**
- **STREET 1:** 1900 MARKET STREET
- **STREET 2:** SUITE 200
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19103
- **BUSINESS PHONE:** 215-405-5700

**MAIL ADDRESS:**
- **STREET 1:** 1900 MARKET STREET
- **STREET 2:** SUITE 200
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19103

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Aberdeen Funds
- **DATE OF NAME CHANGE:** 20070926

## Series and Classes Contracts Data

### abrdn Emerging Markets Ex-China Fund (Series ID: S000020309)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000057046 | Class A                     | GLLAX           |
| C000057048 | Class C                     | GLLCX           |
| C000057049 | Class R                     | GWLRX           |
| C000057050 | Institutional Class         | GWLIX           |
| C000057051 | Institutional Service Class | GLLSX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** abrdn Funds

- **b. Investment Company Act file number:** 811-22132

- **c. CIK number of Registrant:** 0001413594

- **d. LEI of Registrant:** 549300U001OCRSJJXY43

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

  - **Street Address 1:** 1900 Market Street

  - **City:** PHILADELPHIA

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19103

  - **Telephone number:** 215-405-5700

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

- **a. Name of Series:** abrdn Emerging Markets Ex-China Fund

- **b. EDGAR series identifier (if any):** S000020309

- **c. LEI of Series:** 549300039TIZRJULFI40

**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:** $145042610.18

**Total Liabilities:** $1538395.80

**Net Assets:** $143504214.38

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000057049 | -4.71%               | -0.48%               | 3.54%                |
| Class ID C000057048 | -4.73%               | -0.50%               | 3.49%                |
| Class ID C000057051 | -4.72%               | -0.43%               | 3.69%                |
| Class ID C000057046 | -4.67%               | -0.44%               | 3.60%                |
| Class ID C000057050 | -4.70%               | -0.43%               | 3.65%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-843148.74              | $-7314394.43                               |
| Month 2  | $534086.09               | $-1106391.53                               |
| Month 3  | $-1138166.90             | $6185804.02                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Cholamandalam Investment and Finance Co Ltd         | Cholamandalam Investment and Finance Co Ltd                | CUSIP: 000000000<br>LEI: 3358008DNPV45O4EII52 | Long             | EC               | CORP              | IN        |    112638 | NS      | $1989463.84   | 1.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Mexico SAB de CV                              | Grupo Mexico SAB de CV                                     | CUSIP: 000000000<br>LEI: 529900JWLZAYET2ZGW20 | Long             | EC               | CORP              | MX        |    328138 | NS      | $1702726.75   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Centro Norte SAB de CV      | Grupo Aeroportuario del Centro Norte SAB de CV             | CUSIP: 400501102<br>LEI: 529900HUSBARAFSXJ605 | Long             | EC               | CORP              | MX        |     21622 | NS      | $1923709.34   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Larsen & Toubro Ltd                                 | Larsen & Toubro Ltd                                        | CUSIP: 000000000<br>LEI: 3358003FR3JIC5FRXA90 | Long             | EC               | CORP              | IN        |     43539 | NS      | $1717713.00   | 1.20%             |  |  |  | No            |                  2 | On Loan: No      |
| ASML Holding NV                                     | ASML Holding NV                                            | CUSIP: 000000000<br>LEI: 724500Y6DUVHQD6OXN27 | Long             | EC               | CORP              | NL        |      1585 | NS      | $1061065.39   | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Abu Dhabi Islamic Bank PJSC                         | Abu Dhabi Islamic Bank PJSC                                | CUSIP: 000000000<br>LEI: 5493006DOLY8O98XHD74 | Long             | EC               | CORP              | AE        |    537544 | NS      | $2676306.75   | 1.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Hindustan Unilever Ltd                              | Hindustan Unilever Ltd                                     | CUSIP: 000000000<br>LEI: 5493007IW5N37IKRPM32 | Long             | EC               | CORP              | IN        |     28548 | NS      | $790342.89    | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Southern Copper Corp                                | Southern Copper Corp                                       | CUSIP: 84265V105<br>LEI: 2549007U6NAP46Q9TU15 | Long             | EC               | CORP              | US        |     23531 | NS      | $2106495.12   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Emirates Central Cooling Systems Corp               | Emirates Central Cooling Systems Corp                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | AE        |   3198012 | NS      | $1401777.63   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| NAC Kazatomprom JSC                                 | NAC Kazatomprom JSC                                        | CUSIP: 63253R201<br>LEI: 5493008JG5TXJP2JSY44 | Long             | EC               | CORP              | KZ        |     57724 | NS      | $1922209.20   | 1.34%             |  |  |  | Yes           |                  1 | On Loan: No      |
| 360 ONE WAM Ltd                                     | 360 ONE WAM Ltd                                            | CUSIP: 000000000<br>LEI: 335800DDYMCDBO5OLL32 | Long             | EC               | CORP              | IN        |     69867 | NS      | $808864.01    | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Havells India Ltd                                   | Havells India Ltd                                          | CUSIP: 000000000<br>LEI: 549300U1LOGHTTNT7D47 | Long             | EC               | CORP              | IN        |     77095 | NS      | $1459858.27   | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Tata Consultancy Services Ltd                       | Tata Consultancy Services Ltd                              | CUSIP: 000000000<br>LEI: 335800ZJKU9GPQRE2U66 | Long             | EC               | CORP              | IN        |     60558 | NS      | $2456295.19   | 1.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Torrent Pharmaceuticals Ltd                         | Torrent Pharmaceuticals Ltd                                | CUSIP: 000000000<br>LEI: 335800NA6HK275RIJE13 | Long             | EC               | CORP              | IN        |     36930 | NS      | $1454232.96   | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Capstone Copper Corp                                | Capstone Copper Corp                                       | CUSIP: 14071L108<br>LEI: 549300III6KGKKC42W63 | Long             | EC               | CORP              | CA        |    132601 | NS      | $638670.13    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Cholamandalam Financial Holdings Ltd                | Cholamandalam Financial Holdings Ltd                       | CUSIP: 000000000<br>LEI: 335800WAHI1O38BILX22 | Long             | EC               | CORP              | IN        |     50926 | NS      | $1122562.08   | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Globant SA                                          | Globant SA                                                 | CUSIP: 000000000<br>LEI: 2221008DCMSPYS42DS88 | Long             | EC               | CORP              | LU        |     10978 | NS      | $1290683.46   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Telkom Indonesia Persero Tbk PT                     | Telkom Indonesia Persero Tbk PT                            | CUSIP: 000000000<br>LEI: 529900M5SQZAOKV1PC81 | Long             | EC               | CORP              | ID        |   8458600 | NS      | $1333233.16   | 0.93%             |  |  |  | No            |                  2 | On Loan: No      |
| Coca-Cola Icecek AS                                 | Coca-Cola Icecek AS                                        | CUSIP: 000000000<br>LEI: 789000WT80VVLUWJDK41 | Long             | EC               | CORP              | TR        |    484601 | NS      | $657597.79    | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| MediaTek Inc                                        | MediaTek Inc                                               | CUSIP: 000000000<br>LEI: 254900UEGBK1I4DM4E14 | Long             | EC               | CORP              | TW        |     51000 | NS      | $2167146.48   | 1.51%             |  |  |  | No            |                  2 | On Loan: No      |
| National Bank of Greece SA                          | National Bank of Greece SA                                 | CUSIP: 000000000<br>LEI: 5UMCZOEYKCVFAW8ZLO05 | Long             | EC               | CORP              | GR        |    142735 | NS      | $1514913.35   | 1.06%             |  |  |  | No            |                  2 | On Loan: No      |
| ITC Ltd                                             | ITC Ltd                                                    | CUSIP: 000000000<br>LEI: 335800WLOU3OFWFTMP43 | Long             | EC               | CORP              | IN        |    662244 | NS      | $3328132.22   | 2.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Godrej Properties Ltd                               | Godrej Properties Ltd                                      | CUSIP: 000000000<br>LEI: 335800KM3Y5NZWXOE183 | Long             | EC               | CORP              | IN        |     67201 | NS      | $1699228.36   | 1.18%             |  |  |  | No            |                  2 | On Loan: No      |
| HDFC Bank Ltd                                       | HDFC Bank Ltd                                              | CUSIP: 000000000<br>LEI: 335800ZQ6I4E2JXENC50 | Long             | EC               | CORP              | IN        |    147915 | NS      | $3351181.30   | 2.34%             |  |  |  | No            |                  2 | On Loan: No      |
| HD Korea Shipbuilding & Offshore Engineering Co Ltd | HD Korea Shipbuilding & Offshore Engineering Co Ltd        | CUSIP: 000000000<br>LEI: 988400DPTJ9KH5R6W540 | Long             | EC               | CORP              | KR        |     19082 | NS      | $3650322.73   | 2.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Power Grid Corp of India Ltd                        | Power Grid Corp of India Ltd                               | CUSIP: 000000000<br>LEI: 3358009SHWZ3DZEQ4Z56 | Long             | EC               | CORP              | IN        |    915890 | NS      | $3302111.49   | 2.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Chroma ATE Inc                                      | Chroma ATE Inc                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    319000 | NS      | $2916055.57   | 2.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Sanlam Ltd                                          | Sanlam Ltd                                                 | CUSIP: 000000000<br>LEI: 37890014418406D9FC23 | Long             | EC               | CORP              | ZA        |    212297 | NS      | $966597.72    | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Localiza Rent a Car SA                              | Localiza Rent a Car SA                                     | CUSIP: 000000000<br>LEI: 984500C442A7E0CD4D11 | Long             | EC               | CORP              | BR        |    236790 | NS      | $1792463.35   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Itausa SA                                           | Itausa SA                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | BR        |   1435807 | NS      | $2707088.78   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Biologics Co Ltd                            | Samsung Biologics Co Ltd                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      1488 | NS      | $1101221.92   | 0.77%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Samsung E&A Co Ltd                                  | Samsung E&A Co Ltd                                         | CUSIP: 000000000<br>LEI: 988400HDAY5KIVHGZ188 | Long             | EC               | CORP              | KR        |    106060 | NS      | $1434074.91   | 1.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Shinhan Financial Group Co Ltd                      | Shinhan Financial Group Co Ltd                             | CUSIP: 000000000<br>LEI: 988400EB8A6G49E5KO54 | Long             | EC               | CORP              | KR        |     53643 | NS      | $1938656.27   | 1.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Kaspi.KZ JSC                                        | Kaspi.KZ JSC                                               | CUSIP: 000000000<br>LEI: 2549003YU6FARG8OAZ13 | Long             | EC               | CORP              | KZ        |     11184 | NS      | $1008493.21   | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| Bharti Airtel Ltd                                   | Bharti Airtel Ltd                                          | CUSIP: 000000000<br>LEI: 335800KQ1FPKOQ84OR26 | Long             | EC               | CORP              | IN        |     93549 | NS      | $2052790.12   | 1.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Makalot Industrial Co Ltd                           | Makalot Industrial Co Ltd                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    146880 | NS      | $1306894.00   | 0.91%             |  |  |  | No            |                  2 | On Loan: No      |
| Mahindra & Mahindra Ltd                             | Mahindra & Mahindra Ltd                                    | CUSIP: 000000000<br>LEI: 3358003B573EV4KB4Z02 | Long             | EC               | CORP              | IN        |     65766 | NS      | $2271371.84   | 1.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Aldar Properties PJSC                               | Aldar Properties PJSC                                      | CUSIP: 000000000<br>LEI: 98450048CD8AEF13B480 | Long             | EC               | CORP              | AE        |    810912 | NS      | $1826136.38   | 1.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Info Edge India Ltd                                 | Info Edge India Ltd                                        | CUSIP: 000000000<br>LEI: 335800MXUVHTBF9DEC78 | Long             | EC               | CORP              | IN        |     14158 | NS      | $1183050.02   | 0.82%             |  |  |  | No            |                  2 | On Loan: No      |
| Riyadh Cables Group Co                              | Riyadh Cables Group Co                                     | CUSIP: 000000000<br>LEI: 558600VWEJBGFYTZ1S78 | Long             | EC               | CORP              | SA        |     41873 | NS      | $1420712.24   | 0.99%             |  |  |  | No            |                  2 | On Loan: No      |
| Fomento Economico Mexicano SAB de CV                | Fomento Economico Mexicano SAB de CV                       | CUSIP: 344419106<br>LEI: 549300A8MDWDJNMLV153 | Long             | EC               | CORP              | MX        |     11393 | NS      | $1199796.83   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Poya International Co Ltd                           | Poya International Co Ltd                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     43875 | NS      | $656907.83    | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank Negara Indonesia Persero Tbk PT                | Bank Negara Indonesia Persero Tbk PT                       | CUSIP: 000000000<br>LEI: 549300HZ8J3MLVXQ8F85 | Long             | EC               | CORP              | ID        |  10543800 | NS      | $2657028.17   | 1.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Talabat Holding PLC                                 | Talabat Holding PLC                                        | CUSIP: 000000000<br>LEI: 529900MAA20AIKRXOA24 | Long             | EC               | CORP              | AE        |   2804423 | NS      | $1080515.04   | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Delta Electronics Inc                               | Delta Electronics Inc                                      | CUSIP: 000000000<br>LEI: 529900UVZWNWGDLJSM52 | Long             | EC               | CORP              | TW        |    149000 | NS      | $1561251.22   | 1.09%             |  |  |  | No            |                  2 | On Loan: No      |
| ITC Hotels Ltd                                      | ITC Hotels Ltd                                             | CUSIP: 000000000<br>LEI: 335800IFHF7F1488ND22 | Long             | EC               | CORP              | IN        |     66224 | NS      | $152273.95    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Accton Technology Corp                              | Accton Technology Corp                                     | CUSIP: 000000000<br>LEI: 529900M1YRZ0GWMDF920 | Long             | EC               | CORP              | TW        |     75000 | NS      | $1396973.95   | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung C&T Corp                                    | Samsung C&T Corp                                           | CUSIP: 000000000<br>LEI: 988400GFRE4IDFPE9E64 | Long             | EC               | CORP              | KR        |     20529 | NS      | $1766713.09   | 1.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Sociedad Quimica y Minera de Chile SA               | Sociedad Quimica y Minera de Chile SA                      | CUSIP: 833635105<br>LEI: TJ88LXZZW5PWIN93ZC81 | Long             | EC               | CORP              | CL        |     22619 | NS      | $773569.80    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Kaspi.KZ JSC                                        | Kaspi.KZ JSC                                               | CUSIP: 48581R205<br>LEI: 2549003YU6FARG8OAZ13 | Long             | EC               | CORP              | KZ        |     10361 | NS      | $910628.29    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Global Advisors                        | State Street Institutional US Government Money Market Fund | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |     29301 | NS      | $29301.18     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Hynix Inc                                        | SK Hynix Inc                                               | CUSIP: 000000000<br>LEI: 988400XAIK6XISWQV045 | Long             | EC               | CORP              | KR        |     16455 | NS      | $2053140.91   | 1.43%             |  |  |  | No            |                  2 | On Loan: No      |
| NU Holdings Ltd/Cayman Islands                      | NU Holdings Ltd/Cayman Islands                             | CUSIP: 000000000<br>LEI: 5493002DG1RHWK9W2X27 | Long             | EC               | CORP              | KY        |    189450 | NS      | $2354863.50   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Raia Drogasil SA                                    | Raia Drogasil SA                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |    554130 | NS      | $1937206.81   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Indian Hotels Co Ltd/The                            | Indian Hotels Co Ltd/The                                   | CUSIP: 000000000<br>LEI: 33580076CH5SBY5HWA22 | Long             | EC               | CORP              | IN        |    213987 | NS      | $1989286.28   | 1.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Al Rajhi Bank                                       | Al Rajhi Bank                                              | CUSIP: 000000000<br>LEI: 558600BQZS4Y1DTU8589 | Long             | EC               | CORP              | SA        |    135161 | NS      | $3511205.25   | 2.45%             |  |  |  | No            |                  2 | On Loan: No      |
| SBI Life Insurance Co Ltd                           | SBI Life Insurance Co Ltd                                  | CUSIP: 000000000<br>LEI: 335800WMVIESQUO95586 | Long             | EC               | CORP              | IN        |    133533 | NS      | $2785603.12   | 1.94%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd           | Taiwan Semiconductor Manufacturing Co Ltd                  | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |    716000 | NS      | $20287538.68  | 14.14%            |  |  |  | No            |                  2 | On Loan: No      |
| UltraTech Cement Ltd                                | UltraTech Cement Ltd                                       | CUSIP: 000000000<br>LEI: 335800PC9O9B4BQHG814 | Long             | EC               | CORP              | IN        |     10186 | NS      | $1402932.67   | 0.98%             |  |  |  | No            |                  2 | On Loan: No      |
| JB Chemicals & Pharmaceuticals Ltd                  | JB Chemicals & Pharmaceuticals Ltd                         | CUSIP: 000000000<br>LEI: 335800EZQUJ9BB5YBV04 | Long             | EC               | CORP              | IN        |     39172 | NS      | $747354.32    | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| Credicorp Ltd                                       | Credicorp Ltd                                              | CUSIP: 000000000<br>LEI: 529900UYAEYQCQ2BKB17 | Long             | EC               | CORP              | BM        |      6065 | NS      | $1226282.35   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| KEI Industries Ltd                                  | KEI Industries Ltd                                         | CUSIP: 000000000<br>LEI: 335800UDWBC2AWPU7M56 | Long             | EC               | CORP              | IN        |     17421 | NS      | $628005.44    | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| MercadoLibre Inc                                    | MercadoLibre Inc                                           | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |       902 | NS      | $2102426.70   | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| ICICI Bank Ltd                                      | ICICI Bank Ltd                                             | CUSIP: 000000000<br>LEI: R7RX8ER1V4666J8D1I38 | Long             | EC               | CORP              | IN        |    326913 | NS      | $5484772.65   | 3.82%             |  |  |  | No            |                  2 | On Loan: No      |
| InPost SA                                           | InPost SA                                                  | CUSIP: 000000000<br>LEI: 2221003M23QLERR89585 | Long             | EC               | CORP              | LU        |    119401 | NS      | $2016907.73   | 1.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Saudi Tadawul Group Holding Co                      | Saudi Tadawul Group Holding Co                             | CUSIP: 000000000<br>LEI: 894500BXFAWZK686TP37 | Long             | EC               | CORP              | SA        |     27323 | NS      | $1338468.99   | 0.93%             |  |  |  | No            |                  2 | On Loan: No      |
| Leejam Sports Co JSC                                | Leejam Sports Co JSC                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SA        |     15872 | NS      | $593294.38    | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Itausa SA                                           | Itausa SA                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |     15878 | NS      | $29880.63     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| PRIO SA/Brazil                                      | PRIO SA/Brazil                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |    351327 | NS      | $2086858.17   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Saudi Arabian Oil Co                                | Saudi Arabian Oil Co                                       | CUSIP: 000000000<br>LEI: 5586006WD91QHB7J4X50 | Long             | EC               | CORP              | SA        |    210643 | NS      | $1424156.88   | 0.99%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Samsung Electronics Co Ltd                          | Samsung Electronics Co Ltd                                 | CUSIP: 000000000<br>LEI: 9884007ER46L6N7EI764 | Long             | EP               | CORP              | KR        |    210908 | NS      | $6962209.14   | 4.85%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-16

**Name of Applicant:** abrdn Funds

**Signature:** Michael Marsico

**Name of Signer:** Michael Marsico

**Title:** Treasurer