# EDGAR Filing Document

**Accession Number:** 0001659326
**File Stem:** 0002071691-25-001890
**Filing Date:** 2025-9
**Character Count:** 203716
**Document Hash:** ede6d654c6b931d7a484ca0790c3dc51
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-001890.hdr.sgml**: 20250925

**ACCESSION NUMBER**: 0002071691-25-001890

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250925

**DATE AS OF CHANGE**: 20250925

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JPMORGAN TRUST IV
- **CENTRAL INDEX KEY:** 0001659326

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23117
- **FILM NUMBER:** 251341893

**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:** JPMorgan Trust IV
- **DATE OF NAME CHANGE:** 20151124

## Series and Classes Contracts Data

### JPMorgan Emerging Markets Research Enhanced Equity Fund (Series ID: S000063496)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000205718 | Class R6     | EMRSX           |
| C000205719 | Class I      | EMREX           |

## Nport-Ex

**JPMorgan Emerging Markets Research Enhanced Equity Fund**

**Schedule of Portfolio Investments as of July 31, 2025**

**(Unaudited)** 

---

| |
|:---|
| &nbsp;&nbsp; THE "UNAUDITED MUTUAL FUNDS HOLDINGS" LIST ("the <br> List") IS TO BE USED FOR REPORTING PURPOSES ONLY. IT IS <br> NOT TO BE REPRODUCED FOR USE AS ADVERTISING OR <br> SALES LITERATURE WITH THE GENERAL PUBLIC. The list is <br> submitted for the general information of the shareholders of the Fund. <br> It is not authorized for distribution to prospective investors in the Fund <br> unless preceded or accompanied by a prospectus. The list has been <br> created from the books and records of the Fund. Holdings are <br> available 60 days after the fund's fiscal quarter, using a trade date <br> accounting convention, by contacting the appropriate service center. <br> The list is subject to change without notice. The list is for <br> informational purposes only and is not intended as an offer or <br> solicitation with respect to the purchase or sale of any security.<br>|
| &nbsp;&nbsp; JPMorgan Asset Management is the marketing name for the asset <br> management business of J.P. Morgan Chase & Co.<br>|
| J.P. Morgan Distribution Services, Inc., member FINRA. |
|© J.P. Morgan Chase & Co., 2025. |

---

------

**JPMorgan Emerging Markets Research Enhanced Equity Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited)

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

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | &nbsp;&nbsp;&nbsp; **SHARES** <br>&nbsp;&nbsp;&nbsp;&nbsp;**(000)**<br>| &nbsp;&nbsp;&nbsp; **VALUE** <br>**($000)**<br>|
| **Common Stocks — 100.1%** | **Common Stocks — 100.1%** | **Common Stocks — 100.1%** |
| **Austria — 0.1%** | **Austria — 0.1%** | **Austria — 0.1%** |
| &nbsp;&nbsp;&nbsp; Raiffeisen Bank International AG | &nbsp;&nbsp;&nbsp;&nbsp; 38 | &nbsp;&nbsp;&nbsp;&nbsp; 1082 |
| **Brazil — 4.4%** | **Brazil — 4.4%** | **Brazil — 4.4%** |
| &nbsp;&nbsp;&nbsp; B3 SA - Brasil Bolsa Balcao | &nbsp;&nbsp;&nbsp;&nbsp; 2151 | &nbsp;&nbsp;&nbsp;&nbsp; 4826 |
| &nbsp;&nbsp;&nbsp; Banco BTG Pactual SA | &nbsp;&nbsp;&nbsp;&nbsp; 705 | &nbsp;&nbsp;&nbsp;&nbsp; 4928 |
| &nbsp;&nbsp;&nbsp; Banco do Brasil SA | &nbsp;&nbsp;&nbsp;&nbsp; 705 | &nbsp;&nbsp;&nbsp;&nbsp; 2491 |
| &nbsp;&nbsp;&nbsp; Banco Santander Brasil SA | &nbsp;&nbsp;&nbsp;&nbsp; 338 | &nbsp;&nbsp;&nbsp;&nbsp; 1587 |
| &nbsp;&nbsp;&nbsp; Centrais Eletricas Brasileiras SA | &nbsp;&nbsp;&nbsp;&nbsp; 212 | &nbsp;&nbsp;&nbsp;&nbsp; 1423 |
| &nbsp;&nbsp;&nbsp; Cia de Saneamento Basico do Estado de Sao Paulo SABESP | &nbsp;&nbsp;&nbsp;&nbsp; 88 | &nbsp;&nbsp;&nbsp;&nbsp; 1706 |
| &nbsp;&nbsp;&nbsp; Cia Energetica de Minas Gerais (Preference) | &nbsp;&nbsp;&nbsp;&nbsp; 1370 | &nbsp;&nbsp;&nbsp;&nbsp; 2505 |
| &nbsp;&nbsp;&nbsp; Gerdau SA (Preference) | &nbsp;&nbsp;&nbsp;&nbsp; 1166 | &nbsp;&nbsp;&nbsp;&nbsp; 3500 |
| &nbsp;&nbsp;&nbsp; Itau Unibanco Holding SA (Preference) | &nbsp;&nbsp;&nbsp;&nbsp; 1133 | &nbsp;&nbsp;&nbsp;&nbsp; 7077 |
| &nbsp;&nbsp;&nbsp; Itausa SA (Preference) | &nbsp;&nbsp;&nbsp;&nbsp; 2272 | &nbsp;&nbsp;&nbsp;&nbsp; 4187 |
| &nbsp;&nbsp;&nbsp; Localiza Rent a Car SA | &nbsp;&nbsp;&nbsp;&nbsp; 230 | &nbsp;&nbsp;&nbsp;&nbsp; 1416 |
| &nbsp;&nbsp;&nbsp; MercadoLibre, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 1 | &nbsp;&nbsp;&nbsp;&nbsp; 1517 |
| &nbsp;&nbsp;&nbsp; NU Holdings Ltd., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 631 | &nbsp;&nbsp;&nbsp;&nbsp; 7712 |
| &nbsp;&nbsp;&nbsp; Petroleo Brasileiro SA (Preference) | &nbsp;&nbsp;&nbsp;&nbsp; 2501 | &nbsp;&nbsp;&nbsp;&nbsp; 14541 |
| &nbsp;&nbsp;&nbsp; Porto Seguro SA | &nbsp;&nbsp;&nbsp;&nbsp; 252 | &nbsp;&nbsp;&nbsp;&nbsp; 2332 |
| &nbsp;&nbsp;&nbsp; Suzano SA | &nbsp;&nbsp;&nbsp;&nbsp; 272 | &nbsp;&nbsp;&nbsp;&nbsp; 2527 |
| &nbsp;&nbsp;&nbsp; Telefonica Brasil SA | &nbsp;&nbsp;&nbsp;&nbsp; 412 | &nbsp;&nbsp;&nbsp;&nbsp; 2320 |
| &nbsp;&nbsp;&nbsp; TIM SA, ADR (a) | &nbsp;&nbsp;&nbsp;&nbsp; 108 | &nbsp;&nbsp;&nbsp;&nbsp; 1988 |
| &nbsp;&nbsp;&nbsp; TOTVS SA | &nbsp;&nbsp;&nbsp;&nbsp; 146 | &nbsp;&nbsp;&nbsp;&nbsp; 1133 |
| &nbsp;&nbsp;&nbsp; Ultrapar Participacoes SA | &nbsp;&nbsp;&nbsp;&nbsp; 808 | &nbsp;&nbsp;&nbsp;&nbsp; 2452 |
| &nbsp;&nbsp;&nbsp; Vale SA, ADR | &nbsp;&nbsp;&nbsp;&nbsp; 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 9529 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 81697 |
| **Chile — 0.2%** | **Chile — 0.2%** | **Chile — 0.2%** |
| &nbsp;&nbsp;&nbsp; Banco Santander Chile, ADR | &nbsp;&nbsp;&nbsp;&nbsp; 143 | &nbsp;&nbsp;&nbsp;&nbsp; 3300 |
| **China — 30.4%** | **China — 30.4%** | **China — 30.4%** |
| &nbsp;&nbsp;&nbsp; Airtac International Group | &nbsp;&nbsp;&nbsp;&nbsp; 98 | &nbsp;&nbsp;&nbsp;&nbsp; 2787 |
| &nbsp;&nbsp;&nbsp; Alibaba Group Holding Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 3979 | &nbsp;&nbsp;&nbsp;&nbsp; 59820 |
| &nbsp;&nbsp;&nbsp; Angel Yeast Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 294 | &nbsp;&nbsp;&nbsp;&nbsp; 1399 |
| &nbsp;&nbsp;&nbsp; Anker Innovations Technology Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 191 | &nbsp;&nbsp;&nbsp;&nbsp; 3271 |
| &nbsp;&nbsp;&nbsp; ANTA Sports Products Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 237 | &nbsp;&nbsp;&nbsp;&nbsp; 2718 |
| &nbsp;&nbsp;&nbsp; Baidu, Inc., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 68 | &nbsp;&nbsp;&nbsp;&nbsp; 742 |
| &nbsp;&nbsp;&nbsp; Bank of Chengdu Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 657 | &nbsp;&nbsp;&nbsp;&nbsp; 1683 |
| &nbsp;&nbsp;&nbsp; Bank of China Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp; 8693 | &nbsp;&nbsp;&nbsp;&nbsp; 5018 |
| &nbsp;&nbsp;&nbsp; Bank of Jiangsu Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 1392 | &nbsp;&nbsp;&nbsp;&nbsp; 2181 |
| &nbsp;&nbsp;&nbsp; Beijing Huafeng Test & Control Technology Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 90 | &nbsp;&nbsp;&nbsp;&nbsp; 1780 |
| &nbsp;&nbsp;&nbsp; BYD Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp; 846 | &nbsp;&nbsp;&nbsp;&nbsp; 12360 |
| &nbsp;&nbsp;&nbsp; China CITIC Bank Corp. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp; 6621 | &nbsp;&nbsp;&nbsp;&nbsp; 6152 |
| &nbsp;&nbsp;&nbsp; China Construction Bank Corp., Class H | &nbsp;&nbsp;&nbsp;&nbsp; 24123 | &nbsp;&nbsp;&nbsp;&nbsp; 24674 |
| &nbsp;&nbsp;&nbsp; China Galaxy Securities Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp; 1771 | &nbsp;&nbsp;&nbsp;&nbsp; 2393 |
| &nbsp;&nbsp;&nbsp; China Hongqiao Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 2058 | &nbsp;&nbsp;&nbsp;&nbsp; 5430 |
| &nbsp;&nbsp;&nbsp; China International Capital Corp. Ltd., Class H (b) | &nbsp;&nbsp;&nbsp;&nbsp; 824 | &nbsp;&nbsp;&nbsp;&nbsp; 2093 |
| &nbsp;&nbsp;&nbsp; China Life Insurance Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp; 1601 | &nbsp;&nbsp;&nbsp;&nbsp; 4625 |
| &nbsp;&nbsp;&nbsp; China Mengniu Dairy Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1432 | &nbsp;&nbsp;&nbsp;&nbsp; 2980 |
| &nbsp;&nbsp;&nbsp; China Merchants Bank Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 90 | &nbsp;&nbsp;&nbsp;&nbsp; 555 |

---

------

**JPMorgan Emerging Markets Research Enhanced Equity Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | &nbsp;&nbsp;&nbsp; **SHARES**<br> &nbsp;&nbsp;&nbsp;&nbsp;**(000)**<br>| &nbsp;&nbsp;&nbsp; **VALUE**<br> **($000)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **China — continued** | **China — continued** | **China — continued** |
| &nbsp;&nbsp;&nbsp; China Merchants Bank Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp; 1668 | &nbsp;&nbsp;&nbsp;&nbsp; 10827 |
| &nbsp;&nbsp;&nbsp; China Pacific Insurance Group Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp; 1094 | &nbsp;&nbsp;&nbsp;&nbsp; 4407 |
| &nbsp;&nbsp;&nbsp; China Resources Land Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 766 | &nbsp;&nbsp;&nbsp;&nbsp; 2809 |
| &nbsp;&nbsp;&nbsp; China Resources Mixc Lifestyle Services Ltd. (b) | &nbsp;&nbsp;&nbsp;&nbsp; 777 | &nbsp;&nbsp;&nbsp;&nbsp; 3609 |
| &nbsp;&nbsp;&nbsp; China Resources Power Holdings Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1503 | &nbsp;&nbsp;&nbsp;&nbsp; 3725 |
| &nbsp;&nbsp;&nbsp; China Resources Sanjiu Medical & Pharmaceutical Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 1083 | &nbsp;&nbsp;&nbsp;&nbsp; 4698 |
| &nbsp;&nbsp;&nbsp; China Yangtze Power Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 1097 | &nbsp;&nbsp;&nbsp;&nbsp; 4237 |
| &nbsp;&nbsp;&nbsp; CMOC Group Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp; 4389 | &nbsp;&nbsp;&nbsp;&nbsp; 4982 |
| &nbsp;&nbsp;&nbsp; Contemporary Amperex Technology Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 169 | &nbsp;&nbsp;&nbsp;&nbsp; 6159 |
| &nbsp;&nbsp;&nbsp; COSCO SHIPPING Holdings Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 2645 | &nbsp;&nbsp;&nbsp;&nbsp; 5720 |
| &nbsp;&nbsp;&nbsp; Dongfang Electric Corp. Ltd., Class A \* | &nbsp;&nbsp;&nbsp;&nbsp; 784 | &nbsp;&nbsp;&nbsp;&nbsp; 2191 |
| &nbsp;&nbsp;&nbsp; ENN Energy Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 782 | &nbsp;&nbsp;&nbsp;&nbsp; 6375 |
| &nbsp;&nbsp;&nbsp; Foxconn Industrial Internet Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 266 | &nbsp;&nbsp;&nbsp;&nbsp; 1265 |
| &nbsp;&nbsp;&nbsp; Fuyao Glass Industry Group Co. Ltd., Class H (b) | &nbsp;&nbsp;&nbsp;&nbsp; 741 | &nbsp;&nbsp;&nbsp;&nbsp; 5341 |
| &nbsp;&nbsp;&nbsp; Geely Automobile Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 3107 | &nbsp;&nbsp;&nbsp;&nbsp; 6970 |
| &nbsp;&nbsp;&nbsp; GF Securities Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp; 1107 | &nbsp;&nbsp;&nbsp;&nbsp; 2417 |
| &nbsp;&nbsp;&nbsp; Guangdong Haid Group Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 113 | &nbsp;&nbsp;&nbsp;&nbsp; 883 |
| &nbsp;&nbsp;&nbsp; H World Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1014 | &nbsp;&nbsp;&nbsp;&nbsp; 3164 |
| &nbsp;&nbsp;&nbsp; Haidilao International Holding Ltd. (b) | &nbsp;&nbsp;&nbsp;&nbsp; 762 | &nbsp;&nbsp;&nbsp;&nbsp; 1351 |
| &nbsp;&nbsp;&nbsp; Haier Smart Home Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp; 2181 | &nbsp;&nbsp;&nbsp;&nbsp; 6872 |
| &nbsp;&nbsp;&nbsp; Haitian International Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 284 | &nbsp;&nbsp;&nbsp;&nbsp; 770 |
| &nbsp;&nbsp;&nbsp; Hongfa Technology Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 707 | &nbsp;&nbsp;&nbsp;&nbsp; 2401 |
| &nbsp;&nbsp;&nbsp; Industrial & Commercial Bank of China Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp; 11754 | &nbsp;&nbsp;&nbsp;&nbsp; 9006 |
| &nbsp;&nbsp;&nbsp; Inner Mongolia Yili Industrial Group Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 829 | &nbsp;&nbsp;&nbsp;&nbsp; 3147 |
| &nbsp;&nbsp;&nbsp; Innovent Biologics, Inc. \* (b) | &nbsp;&nbsp;&nbsp;&nbsp; 203 | &nbsp;&nbsp;&nbsp;&nbsp; 2507 |
| &nbsp;&nbsp;&nbsp; JD.com, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 382 | &nbsp;&nbsp;&nbsp;&nbsp; 6022 |
| &nbsp;&nbsp;&nbsp; Jiangsu Hengrui Pharmaceuticals Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 659 | &nbsp;&nbsp;&nbsp;&nbsp; 5743 |
| &nbsp;&nbsp;&nbsp; Kanzhun Ltd., ADR \* | &nbsp;&nbsp;&nbsp;&nbsp; 169 | &nbsp;&nbsp;&nbsp;&nbsp; 3209 |
| &nbsp;&nbsp;&nbsp; KE Holdings, Inc., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 651 | &nbsp;&nbsp;&nbsp;&nbsp; 3982 |
| &nbsp;&nbsp;&nbsp; Kingsoft Corp. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 185 | &nbsp;&nbsp;&nbsp;&nbsp; 841 |
| &nbsp;&nbsp;&nbsp; Kuaishou Technology \* (b) | &nbsp;&nbsp;&nbsp;&nbsp; 682 | &nbsp;&nbsp;&nbsp;&nbsp; 6659 |
| &nbsp;&nbsp;&nbsp; Kunlun Energy Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1754 | &nbsp;&nbsp;&nbsp;&nbsp; 1690 |
| &nbsp;&nbsp;&nbsp; Kweichow Moutai Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 28 | &nbsp;&nbsp;&nbsp;&nbsp; 5433 |
| &nbsp;&nbsp;&nbsp; Lenovo Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1228 | &nbsp;&nbsp;&nbsp;&nbsp; 1575 |
| &nbsp;&nbsp;&nbsp; Luzhou Laojiao Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 36 | &nbsp;&nbsp;&nbsp;&nbsp; 606 |
| &nbsp;&nbsp;&nbsp; Meituan \* (b) | &nbsp;&nbsp;&nbsp;&nbsp; 1037 | &nbsp;&nbsp;&nbsp;&nbsp; 15994 |
| &nbsp;&nbsp;&nbsp; Midea Group Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 441 | &nbsp;&nbsp;&nbsp;&nbsp; 4278 |
| &nbsp;&nbsp;&nbsp; Minth Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 640 | &nbsp;&nbsp;&nbsp;&nbsp; 2113 |
| &nbsp;&nbsp;&nbsp; Montage Technology Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 292 | &nbsp;&nbsp;&nbsp;&nbsp; 3433 |
| &nbsp;&nbsp;&nbsp; NARI Technology Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 839 | &nbsp;&nbsp;&nbsp;&nbsp; 2544 |
| &nbsp;&nbsp;&nbsp; NAURA Technology Group Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 26 | &nbsp;&nbsp;&nbsp;&nbsp; 1193 |
| &nbsp;&nbsp;&nbsp; NetEase, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 556 | &nbsp;&nbsp;&nbsp;&nbsp; 14527 |
| &nbsp;&nbsp;&nbsp; Nongfu Spring Co. Ltd., Class H (b) | &nbsp;&nbsp;&nbsp;&nbsp; 785 | &nbsp;&nbsp;&nbsp;&nbsp; 4537 |
| &nbsp;&nbsp;&nbsp; PDD Holdings, Inc., ADR \* | &nbsp;&nbsp;&nbsp;&nbsp; 127 | &nbsp;&nbsp;&nbsp;&nbsp; 14439 |
| &nbsp;&nbsp;&nbsp; PetroChina Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp; 8702 | &nbsp;&nbsp;&nbsp;&nbsp; 8504 |
| &nbsp;&nbsp;&nbsp; PICC Property & Casualty Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp; 2590 | &nbsp;&nbsp;&nbsp;&nbsp; 5376 |
| &nbsp;&nbsp;&nbsp; Ping An Insurance Group Co. of China Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp; 1837 | &nbsp;&nbsp;&nbsp;&nbsp; 12615 |

---

------

**JPMorgan Emerging Markets Research Enhanced Equity Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | &nbsp;&nbsp;&nbsp; **SHARES**<br> &nbsp;&nbsp;&nbsp;&nbsp;**(000)**<br>| &nbsp;&nbsp;&nbsp; **VALUE**<br> **($000)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **China — continued** | **China — continued** | **China — continued** |
| &nbsp;&nbsp;&nbsp; Qifu Technology, Inc., ADR | &nbsp;&nbsp;&nbsp;&nbsp; 48 | &nbsp;&nbsp;&nbsp;&nbsp; 1656 |
| &nbsp;&nbsp;&nbsp; Sany Heavy Industry Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 808 | &nbsp;&nbsp;&nbsp;&nbsp; 2231 |
| &nbsp;&nbsp;&nbsp; Shanghai Putailai New Energy Technology Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 1038 | &nbsp;&nbsp;&nbsp;&nbsp; 2515 |
| &nbsp;&nbsp;&nbsp; Shenzhou International Group Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 391 | &nbsp;&nbsp;&nbsp;&nbsp; 2814 |
| &nbsp;&nbsp;&nbsp; Silergy Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 291 | &nbsp;&nbsp;&nbsp;&nbsp; 3132 |
| &nbsp;&nbsp;&nbsp; Sunny Optical Technology Group Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 383 | &nbsp;&nbsp;&nbsp;&nbsp; 3544 |
| &nbsp;&nbsp;&nbsp; Tencent Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1449 | &nbsp;&nbsp;&nbsp;&nbsp; 101443 |
| &nbsp;&nbsp;&nbsp; Tencent Music Entertainment Group, ADR | &nbsp;&nbsp;&nbsp;&nbsp; 206 | &nbsp;&nbsp;&nbsp;&nbsp; 4320 |
| &nbsp;&nbsp;&nbsp; Tianshan Aluminum Group Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 1280 | &nbsp;&nbsp;&nbsp;&nbsp; 1614 |
| &nbsp;&nbsp;&nbsp; Tingyi Cayman Islands Holding Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 1527 | &nbsp;&nbsp;&nbsp;&nbsp; 2257 |
| &nbsp;&nbsp;&nbsp; Trip.com Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 118 | &nbsp;&nbsp;&nbsp;&nbsp; 7330 |
| &nbsp;&nbsp;&nbsp; Weichai Power Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp; 1376 | &nbsp;&nbsp;&nbsp;&nbsp; 2917 |
| &nbsp;&nbsp;&nbsp; WuXi AppTec Co. Ltd., Class H (b) | &nbsp;&nbsp;&nbsp;&nbsp; 444 | &nbsp;&nbsp;&nbsp;&nbsp; 5917 |
| &nbsp;&nbsp;&nbsp; Wuxi Biologics Cayman, Inc. \* (b) | &nbsp;&nbsp;&nbsp;&nbsp; 561 | &nbsp;&nbsp;&nbsp;&nbsp; 2281 |
| &nbsp;&nbsp;&nbsp; XCMG Construction Machinery Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 2006 | &nbsp;&nbsp;&nbsp;&nbsp; 2330 |
| &nbsp;&nbsp;&nbsp; Xiamen Faratronic Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 45 | &nbsp;&nbsp;&nbsp;&nbsp; 679 |
| &nbsp;&nbsp;&nbsp; Xiaomi Corp., Class B \* (b) | &nbsp;&nbsp;&nbsp;&nbsp; 3534 | &nbsp;&nbsp;&nbsp;&nbsp; 23776 |
| &nbsp;&nbsp;&nbsp; Xinyi Solar Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1688 | &nbsp;&nbsp;&nbsp;&nbsp; 653 |
| &nbsp;&nbsp;&nbsp; Yum China Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 130 | &nbsp;&nbsp;&nbsp;&nbsp; 6040 |
| &nbsp;&nbsp;&nbsp; Yum China Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 31 | &nbsp;&nbsp;&nbsp;&nbsp; 1459 |
| &nbsp;&nbsp;&nbsp; Yunnan Yuntianhua Co. Ltd., Class A | &nbsp;&nbsp;&nbsp;&nbsp; 818 | &nbsp;&nbsp;&nbsp;&nbsp; 2793 |
| &nbsp;&nbsp;&nbsp; Zhuzhou CRRC Times Electric Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp; 954 | &nbsp;&nbsp;&nbsp;&nbsp; 3868 |
| &nbsp;&nbsp;&nbsp; Zijin Mining Group Co. Ltd., Class H | &nbsp;&nbsp;&nbsp;&nbsp; 3096 | &nbsp;&nbsp;&nbsp;&nbsp; 8209 |
| &nbsp;&nbsp;&nbsp; ZTO Express Cayman, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 85 | &nbsp;&nbsp;&nbsp;&nbsp; 1666 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 569251 |
| **Colombia — 0.1%** | **Colombia — 0.1%** | **Colombia — 0.1%** |
| &nbsp;&nbsp;&nbsp; Grupo Cibest SA, ADR | &nbsp;&nbsp;&nbsp;&nbsp; 52 | &nbsp;&nbsp;&nbsp;&nbsp; 2263 |
| **Czech Republic — 0.1%** | **Czech Republic — 0.1%** | **Czech Republic — 0.1%** |
| &nbsp;&nbsp;&nbsp; Komercni Banka A/S | &nbsp;&nbsp;&nbsp;&nbsp; 38 | &nbsp;&nbsp;&nbsp;&nbsp; 1828 |
| **Greece — 1.1%** | **Greece — 1.1%** | **Greece — 1.1%** |
| &nbsp;&nbsp;&nbsp; Alpha Bank SA | &nbsp;&nbsp;&nbsp;&nbsp; 420 | &nbsp;&nbsp;&nbsp;&nbsp; 1571 |
| &nbsp;&nbsp;&nbsp; Eurobank Ergasias Services and Holdings SA | &nbsp;&nbsp;&nbsp;&nbsp; 899 | &nbsp;&nbsp;&nbsp;&nbsp; 3299 |
| &nbsp;&nbsp;&nbsp; Hellenic Telecommunications Organization SA | &nbsp;&nbsp;&nbsp;&nbsp; 164 | &nbsp;&nbsp;&nbsp;&nbsp; 2987 |
| &nbsp;&nbsp;&nbsp; Metlen Energy & Metals SA | &nbsp;&nbsp;&nbsp;&nbsp; 23 | &nbsp;&nbsp;&nbsp;&nbsp; 1247 |
| &nbsp;&nbsp;&nbsp; National Bank of Greece SA | &nbsp;&nbsp;&nbsp;&nbsp; 375 | &nbsp;&nbsp;&nbsp;&nbsp; 5229 |
| &nbsp;&nbsp;&nbsp; Piraeus Financial Holdings SA | &nbsp;&nbsp;&nbsp;&nbsp; 657 | &nbsp;&nbsp;&nbsp;&nbsp; 5051 |
| &nbsp;&nbsp;&nbsp; Public Power Corp. SA | &nbsp;&nbsp;&nbsp;&nbsp; 61 | &nbsp;&nbsp;&nbsp;&nbsp; 997 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 20381 |
| **Hong Kong — 0.2%** | **Hong Kong — 0.2%** | **Hong Kong — 0.2%** |
| &nbsp;&nbsp;&nbsp; Prudential plc | &nbsp;&nbsp;&nbsp;&nbsp; 152 | &nbsp;&nbsp;&nbsp;&nbsp; 1923 |
| &nbsp;&nbsp;&nbsp; Techtronic Industries Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 131 | &nbsp;&nbsp;&nbsp;&nbsp; 1572 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 3495 |
| **Hungary — 0.8%** | **Hungary — 0.8%** | **Hungary — 0.8%** |
| &nbsp;&nbsp;&nbsp; MOL Hungarian Oil & Gas plc | &nbsp;&nbsp;&nbsp;&nbsp; 291 | &nbsp;&nbsp;&nbsp;&nbsp; 2529 |

---

------

**JPMorgan Emerging Markets Research Enhanced Equity Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | &nbsp;&nbsp;&nbsp; **SHARES**<br> &nbsp;&nbsp;&nbsp;&nbsp;**(000)**<br>| &nbsp;&nbsp;&nbsp; **VALUE**<br> **($000)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Hungary — continued** | **Hungary — continued** | **Hungary — continued** |
| &nbsp;&nbsp;&nbsp; OTP Bank Nyrt. | &nbsp;&nbsp;&nbsp;&nbsp; 99 | &nbsp;&nbsp;&nbsp;&nbsp; 8029 |
| &nbsp;&nbsp;&nbsp; Richter Gedeon Nyrt. | &nbsp;&nbsp;&nbsp;&nbsp; 139 | &nbsp;&nbsp;&nbsp;&nbsp; 4171 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 14729 |
| **India — 16.5%** | **India — 16.5%** | **India — 16.5%** |
| &nbsp;&nbsp;&nbsp; Apollo Hospitals Enterprise Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 27 | &nbsp;&nbsp;&nbsp;&nbsp; 2286 |
| &nbsp;&nbsp;&nbsp; Axis Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 740 | &nbsp;&nbsp;&nbsp;&nbsp; 8992 |
| &nbsp;&nbsp;&nbsp; Bajaj Auto Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 48 | &nbsp;&nbsp;&nbsp;&nbsp; 4400 |
| &nbsp;&nbsp;&nbsp; Bajaj Finance Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 849 | &nbsp;&nbsp;&nbsp;&nbsp; 8498 |
| &nbsp;&nbsp;&nbsp; Bharat Electronics Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1745 | &nbsp;&nbsp;&nbsp;&nbsp; 7581 |
| &nbsp;&nbsp;&nbsp; Bharat Petroleum Corp. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 276 | &nbsp;&nbsp;&nbsp;&nbsp; 1030 |
| &nbsp;&nbsp;&nbsp; Bharti Airtel Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 549 | &nbsp;&nbsp;&nbsp;&nbsp; 11954 |
| &nbsp;&nbsp;&nbsp; Biocon Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 188 | &nbsp;&nbsp;&nbsp;&nbsp; 838 |
| &nbsp;&nbsp;&nbsp; Blue Star Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 73 | &nbsp;&nbsp;&nbsp;&nbsp; 1444 |
| &nbsp;&nbsp;&nbsp; Britannia Industries Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 71 | &nbsp;&nbsp;&nbsp;&nbsp; 4678 |
| &nbsp;&nbsp;&nbsp; CG Power & Industrial Solutions Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 451 | &nbsp;&nbsp;&nbsp;&nbsp; 3384 |
| &nbsp;&nbsp;&nbsp; Cholamandalam Investment and Finance Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 188 | &nbsp;&nbsp;&nbsp;&nbsp; 3076 |
| &nbsp;&nbsp;&nbsp; Cipla Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 92 | &nbsp;&nbsp;&nbsp;&nbsp; 1633 |
| &nbsp;&nbsp;&nbsp; Coforge Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 46 | &nbsp;&nbsp;&nbsp;&nbsp; 912 |
| &nbsp;&nbsp;&nbsp; Colgate-Palmolive India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 66 | &nbsp;&nbsp;&nbsp;&nbsp; 1700 |
| &nbsp;&nbsp;&nbsp; Crompton Greaves Consumer Electricals Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 437 | &nbsp;&nbsp;&nbsp;&nbsp; 1603 |
| &nbsp;&nbsp;&nbsp; Cummins India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 29 | &nbsp;&nbsp;&nbsp;&nbsp; 1176 |
| &nbsp;&nbsp;&nbsp; Dixon Technologies India Ltd. (b) | &nbsp;&nbsp;&nbsp;&nbsp; 4 | &nbsp;&nbsp;&nbsp;&nbsp; 827 |
| &nbsp;&nbsp;&nbsp; DLF Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 78 | &nbsp;&nbsp;&nbsp;&nbsp; 693 |
| &nbsp;&nbsp;&nbsp; Dr Reddy's Laboratories Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 440 | &nbsp;&nbsp;&nbsp;&nbsp; 6345 |
| &nbsp;&nbsp;&nbsp; Embassy Office Parks, REIT | &nbsp;&nbsp;&nbsp;&nbsp; 178 | &nbsp;&nbsp;&nbsp;&nbsp; 800 |
| &nbsp;&nbsp;&nbsp; Eternal Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 604 | &nbsp;&nbsp;&nbsp;&nbsp; 2107 |
| &nbsp;&nbsp;&nbsp; GAIL India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1099 | &nbsp;&nbsp;&nbsp;&nbsp; 2213 |
| &nbsp;&nbsp;&nbsp; Godrej Properties Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 18 | &nbsp;&nbsp;&nbsp;&nbsp; 427 |
| &nbsp;&nbsp;&nbsp; Havells India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 295 | &nbsp;&nbsp;&nbsp;&nbsp; 5038 |
| &nbsp;&nbsp;&nbsp; HCL Technologies Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 200 | &nbsp;&nbsp;&nbsp;&nbsp; 3334 |
| &nbsp;&nbsp;&nbsp; HDFC Asset Management Co. Ltd. (b) | &nbsp;&nbsp;&nbsp;&nbsp; 13 | &nbsp;&nbsp;&nbsp;&nbsp; 851 |
| &nbsp;&nbsp;&nbsp; HDFC Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1416 | &nbsp;&nbsp;&nbsp;&nbsp; 32493 |
| &nbsp;&nbsp;&nbsp; Hindalco Industries Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 934 | &nbsp;&nbsp;&nbsp;&nbsp; 7229 |
| &nbsp;&nbsp;&nbsp; Hindustan Aeronautics Ltd. (b) | &nbsp;&nbsp;&nbsp;&nbsp; 99 | &nbsp;&nbsp;&nbsp;&nbsp; 5070 |
| &nbsp;&nbsp;&nbsp; Hindustan Petroleum Corp. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 257 | &nbsp;&nbsp;&nbsp;&nbsp; 1219 |
| &nbsp;&nbsp;&nbsp; Hindustan Unilever Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 98 | &nbsp;&nbsp;&nbsp;&nbsp; 2808 |
| &nbsp;&nbsp;&nbsp; ICICI Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1274 | &nbsp;&nbsp;&nbsp;&nbsp; 21450 |
| &nbsp;&nbsp;&nbsp; ICICI Lombard General Insurance Co. Ltd. (b) | &nbsp;&nbsp;&nbsp;&nbsp; 60 | &nbsp;&nbsp;&nbsp;&nbsp; 1310 |
| &nbsp;&nbsp;&nbsp; Indian Hotels Co. Ltd. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 91 | &nbsp;&nbsp;&nbsp;&nbsp; 769 |
| &nbsp;&nbsp;&nbsp; Indus Towers Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 386 | &nbsp;&nbsp;&nbsp;&nbsp; 1593 |
| &nbsp;&nbsp;&nbsp; Infosys Ltd., ADR (a) | &nbsp;&nbsp;&nbsp;&nbsp; 889 | &nbsp;&nbsp;&nbsp;&nbsp; 14867 |
| &nbsp;&nbsp;&nbsp; InterGlobe Aviation Ltd. \* (b) | &nbsp;&nbsp;&nbsp;&nbsp; 70 | &nbsp;&nbsp;&nbsp;&nbsp; 4722 |
| &nbsp;&nbsp;&nbsp; ITC Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1072 | &nbsp;&nbsp;&nbsp;&nbsp; 5028 |
| &nbsp;&nbsp;&nbsp; Kotak Mahindra Bank Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 411 | &nbsp;&nbsp;&nbsp;&nbsp; 9255 |
| &nbsp;&nbsp;&nbsp; Larsen & Toubro Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 78 | &nbsp;&nbsp;&nbsp;&nbsp; 3216 |
| &nbsp;&nbsp;&nbsp; Lupin Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 106 | &nbsp;&nbsp;&nbsp;&nbsp; 2327 |
| &nbsp;&nbsp;&nbsp; Mahindra & Mahindra Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 272 | &nbsp;&nbsp;&nbsp;&nbsp; 9920 |

---

------

**JPMorgan Emerging Markets Research Enhanced Equity Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | &nbsp;&nbsp;&nbsp; **SHARES**<br> &nbsp;&nbsp;&nbsp;&nbsp;**(000)**<br>| &nbsp;&nbsp;&nbsp; **VALUE**<br> **($000)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **India — continued** | **India — continued** | **India — continued** |
| &nbsp;&nbsp;&nbsp; MakeMyTrip Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 7 | &nbsp;&nbsp;&nbsp;&nbsp; 676 |
| &nbsp;&nbsp;&nbsp; Maruti Suzuki India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 50 | &nbsp;&nbsp;&nbsp;&nbsp; 7141 |
| &nbsp;&nbsp;&nbsp; Max Financial Services Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 68 | &nbsp;&nbsp;&nbsp;&nbsp; 1156 |
| &nbsp;&nbsp;&nbsp; Max Healthcare Institute Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 203 | &nbsp;&nbsp;&nbsp;&nbsp; 2875 |
| &nbsp;&nbsp;&nbsp; Metropolis Healthcare Ltd. \* (b) | &nbsp;&nbsp;&nbsp;&nbsp; 33 | &nbsp;&nbsp;&nbsp;&nbsp; 740 |
| &nbsp;&nbsp;&nbsp; NMDC Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 2436 | &nbsp;&nbsp;&nbsp;&nbsp; 1958 |
| &nbsp;&nbsp;&nbsp; NTPC Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 2074 | &nbsp;&nbsp;&nbsp;&nbsp; 7871 |
| &nbsp;&nbsp;&nbsp; Oil & Natural Gas Corp. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 961 | &nbsp;&nbsp;&nbsp;&nbsp; 2632 |
| &nbsp;&nbsp;&nbsp; PB Fintech Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 184 | &nbsp;&nbsp;&nbsp;&nbsp; 3774 |
| &nbsp;&nbsp;&nbsp; Petronet LNG Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1012 | &nbsp;&nbsp;&nbsp;&nbsp; 3317 |
| &nbsp;&nbsp;&nbsp; Power Grid Corp. of India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 625 | &nbsp;&nbsp;&nbsp;&nbsp; 2067 |
| &nbsp;&nbsp;&nbsp; REC Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 493 | &nbsp;&nbsp;&nbsp;&nbsp; 2210 |
| &nbsp;&nbsp;&nbsp; Reliance Industries Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1463 | &nbsp;&nbsp;&nbsp;&nbsp; 23097 |
| &nbsp;&nbsp;&nbsp; Shriram Finance Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 383 | &nbsp;&nbsp;&nbsp;&nbsp; 2741 |
| &nbsp;&nbsp;&nbsp; Solar Industries India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 10 | &nbsp;&nbsp;&nbsp;&nbsp; 1659 |
| &nbsp;&nbsp;&nbsp; State Bank of India | &nbsp;&nbsp;&nbsp;&nbsp; 91 | &nbsp;&nbsp;&nbsp;&nbsp; 822 |
| &nbsp;&nbsp;&nbsp; Sun Pharmaceutical Industries Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 39 | &nbsp;&nbsp;&nbsp;&nbsp; 753 |
| &nbsp;&nbsp;&nbsp; Tata Consultancy Services Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 271 | &nbsp;&nbsp;&nbsp;&nbsp; 9357 |
| &nbsp;&nbsp;&nbsp; Tata Motors Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 810 | &nbsp;&nbsp;&nbsp;&nbsp; 6123 |
| &nbsp;&nbsp;&nbsp; Tata Power Co. Ltd. (The) | &nbsp;&nbsp;&nbsp;&nbsp; 517 | &nbsp;&nbsp;&nbsp;&nbsp; 2334 |
| &nbsp;&nbsp;&nbsp; Tata Steel Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 2713 | &nbsp;&nbsp;&nbsp;&nbsp; 4873 |
| &nbsp;&nbsp;&nbsp; Tech Mahindra Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 42 | &nbsp;&nbsp;&nbsp;&nbsp; 702 |
| &nbsp;&nbsp;&nbsp; Tube Investments of India Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 21 | &nbsp;&nbsp;&nbsp;&nbsp; 672 |
| &nbsp;&nbsp;&nbsp; UltraTech Cement Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 55 | &nbsp;&nbsp;&nbsp;&nbsp; 7639 |
| &nbsp;&nbsp;&nbsp; Varun Beverages Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 111 | &nbsp;&nbsp;&nbsp;&nbsp; 661 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 308946 |
| **Indonesia — 1.4%** | **Indonesia — 1.4%** | **Indonesia — 1.4%** |
| &nbsp;&nbsp;&nbsp; Bank Central Asia Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp; 20352 | &nbsp;&nbsp;&nbsp;&nbsp; 10200 |
| &nbsp;&nbsp;&nbsp; Bank Mandiri Persero Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp; 13619 | &nbsp;&nbsp;&nbsp;&nbsp; 3708 |
| &nbsp;&nbsp;&nbsp; Bank Rakyat Indonesia Persero Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp; 21667 | &nbsp;&nbsp;&nbsp;&nbsp; 4852 |
| &nbsp;&nbsp;&nbsp; Telkom Indonesia Persero Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp; 30013 | &nbsp;&nbsp;&nbsp;&nbsp; 5270 |
| &nbsp;&nbsp;&nbsp; United Tractors Tbk. PT | &nbsp;&nbsp;&nbsp;&nbsp; 1792 | &nbsp;&nbsp;&nbsp;&nbsp; 2626 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 26656 |
| **Kazakhstan — 0.1%** | **Kazakhstan — 0.1%** | **Kazakhstan — 0.1%** |
| &nbsp;&nbsp;&nbsp; Kaspi.KZ JSC, ADR | &nbsp;&nbsp;&nbsp;&nbsp; 17 | &nbsp;&nbsp;&nbsp;&nbsp; 1311 |
| **Kuwait — 0.3%** | **Kuwait — 0.3%** | **Kuwait — 0.3%** |
| &nbsp;&nbsp;&nbsp; Kuwait Finance House KSCP | &nbsp;&nbsp;&nbsp;&nbsp; 461 | &nbsp;&nbsp;&nbsp;&nbsp; 1214 |
| &nbsp;&nbsp;&nbsp; National Bank of Kuwait SAKP | &nbsp;&nbsp;&nbsp;&nbsp; 1188 | &nbsp;&nbsp;&nbsp;&nbsp; 4068 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 5282 |
| **Malaysia — 0.8%** | **Malaysia — 0.8%** | **Malaysia — 0.8%** |
| &nbsp;&nbsp;&nbsp; CIMB Group Holdings Bhd. | &nbsp;&nbsp;&nbsp;&nbsp; 3538 | &nbsp;&nbsp;&nbsp;&nbsp; 5408 |
| &nbsp;&nbsp;&nbsp; Malayan Banking Bhd. | &nbsp;&nbsp;&nbsp;&nbsp; 505 | &nbsp;&nbsp;&nbsp;&nbsp; 1111 |
| &nbsp;&nbsp;&nbsp; Petronas Chemicals Group Bhd. | &nbsp;&nbsp;&nbsp;&nbsp; 1609 | &nbsp;&nbsp;&nbsp;&nbsp; 1456 |
| &nbsp;&nbsp;&nbsp; Public Bank Bhd. | &nbsp;&nbsp;&nbsp;&nbsp; 2143 | &nbsp;&nbsp;&nbsp;&nbsp; 2111 |

---

------

**JPMorgan Emerging Markets Research Enhanced Equity Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | &nbsp;&nbsp;&nbsp; **SHARES**<br> &nbsp;&nbsp;&nbsp;&nbsp;**(000)**<br>| &nbsp;&nbsp;&nbsp; **VALUE**<br> **($000)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Malaysia — continued** | **Malaysia — continued** | **Malaysia — continued** |
| &nbsp;&nbsp;&nbsp; Telekom Malaysia Bhd. | &nbsp;&nbsp;&nbsp;&nbsp; 1836 | &nbsp;&nbsp;&nbsp;&nbsp; 2898 |
| &nbsp;&nbsp;&nbsp; Tenaga Nasional Bhd. | &nbsp;&nbsp;&nbsp;&nbsp; 478 | &nbsp;&nbsp;&nbsp;&nbsp; 1456 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 14440 |
| **Mexico — 2.3%** | **Mexico — 2.3%** | **Mexico — 2.3%** |
| &nbsp;&nbsp;&nbsp; America Movil SAB de CV | &nbsp;&nbsp;&nbsp;&nbsp; 5371 | &nbsp;&nbsp;&nbsp;&nbsp; 4857 |
| &nbsp;&nbsp;&nbsp; Arca Continental SAB de CV | &nbsp;&nbsp;&nbsp;&nbsp; 432 | &nbsp;&nbsp;&nbsp;&nbsp; 4501 |
| &nbsp;&nbsp;&nbsp; Cemex SAB de CV | &nbsp;&nbsp;&nbsp;&nbsp; 6461 | &nbsp;&nbsp;&nbsp;&nbsp; 5638 |
| &nbsp;&nbsp;&nbsp; Coca-Cola Femsa SAB de CV | &nbsp;&nbsp;&nbsp;&nbsp; 157 | &nbsp;&nbsp;&nbsp;&nbsp; 1301 |
| &nbsp;&nbsp;&nbsp; Fomento Economico Mexicano SAB de CV | &nbsp;&nbsp;&nbsp;&nbsp; 171 | &nbsp;&nbsp;&nbsp;&nbsp; 1545 |
| &nbsp;&nbsp;&nbsp; Grupo Aeroportuario del Sureste SAB de CV, Class B | &nbsp;&nbsp;&nbsp;&nbsp; 136 | &nbsp;&nbsp;&nbsp;&nbsp; 4140 |
| &nbsp;&nbsp;&nbsp; Grupo Financiero Banorte SAB de CV, Class O | &nbsp;&nbsp;&nbsp;&nbsp; 1018 | &nbsp;&nbsp;&nbsp;&nbsp; 9064 |
| &nbsp;&nbsp;&nbsp; Grupo Mexico SAB de CV | &nbsp;&nbsp;&nbsp;&nbsp; 1123 | &nbsp;&nbsp;&nbsp;&nbsp; 7008 |
| &nbsp;&nbsp;&nbsp; Regional SAB de CV | &nbsp;&nbsp;&nbsp;&nbsp; 114 | &nbsp;&nbsp;&nbsp;&nbsp; 879 |
| &nbsp;&nbsp;&nbsp; Southern Copper Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 4 | &nbsp;&nbsp;&nbsp;&nbsp; 418 |
| &nbsp;&nbsp;&nbsp; Wal-Mart de Mexico SAB de CV | &nbsp;&nbsp;&nbsp;&nbsp; 1605 | &nbsp;&nbsp;&nbsp;&nbsp; 4731 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 44082 |
| **Panama — 0.1%** | **Panama — 0.1%** | **Panama — 0.1%** |
| &nbsp;&nbsp;&nbsp; Copa Holdings SA, Class A | &nbsp;&nbsp;&nbsp;&nbsp; 26 | &nbsp;&nbsp;&nbsp;&nbsp; 2912 |
| **Peru — 0.4%** | **Peru — 0.4%** | **Peru — 0.4%** |
| &nbsp;&nbsp;&nbsp; Credicorp Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 34 | &nbsp;&nbsp;&nbsp;&nbsp; 8064 |
| **Philippines — 0.3%** | **Philippines — 0.3%** | **Philippines — 0.3%** |
| &nbsp;&nbsp;&nbsp; Ayala Land, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 1309 | &nbsp;&nbsp;&nbsp;&nbsp; 559 |
| &nbsp;&nbsp;&nbsp; Bank of the Philippine Islands | &nbsp;&nbsp;&nbsp;&nbsp; 751 | &nbsp;&nbsp;&nbsp;&nbsp; 1521 |
| &nbsp;&nbsp;&nbsp; BDO Unibank, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 1164 | &nbsp;&nbsp;&nbsp;&nbsp; 2843 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 4923 |
| **Poland — 0.8%** | **Poland — 0.8%** | **Poland — 0.8%** |
| &nbsp;&nbsp;&nbsp; Bank Polska Kasa Opieki SA | &nbsp;&nbsp;&nbsp;&nbsp; 17 | &nbsp;&nbsp;&nbsp;&nbsp; 915 |
| &nbsp;&nbsp;&nbsp; CCC SA \* | &nbsp;&nbsp;&nbsp;&nbsp; 34 | &nbsp;&nbsp;&nbsp;&nbsp; 1755 |
| &nbsp;&nbsp;&nbsp; Dino Polska SA \* (b) | &nbsp;&nbsp;&nbsp;&nbsp; 343 | &nbsp;&nbsp;&nbsp;&nbsp; 4528 |
| &nbsp;&nbsp;&nbsp; Powszechna Kasa Oszczednosci Bank Polski SA | &nbsp;&nbsp;&nbsp;&nbsp; 158 | &nbsp;&nbsp;&nbsp;&nbsp; 3453 |
| &nbsp;&nbsp;&nbsp; Powszechny Zaklad Ubezpieczen SA | &nbsp;&nbsp;&nbsp;&nbsp; 233 | &nbsp;&nbsp;&nbsp;&nbsp; 3906 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 14557 |
| **Qatar — 0.4%** | **Qatar — 0.4%** | **Qatar — 0.4%** |
| &nbsp;&nbsp;&nbsp; Qatar National Bank QPSC | &nbsp;&nbsp;&nbsp;&nbsp; 1604 | &nbsp;&nbsp;&nbsp;&nbsp; 8254 |
| **Russia — 0.0% ^** | **Russia — 0.0% ^** | **Russia — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; Gazprom PJSC ‡ \* | &nbsp;&nbsp;&nbsp;&nbsp; 4581 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; GMK Norilskiy Nickel PAO, ADR ‡ \* | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; —<br> (c)<br>|
| &nbsp;&nbsp;&nbsp; GMK Norilskiy Nickel PAO ‡ \* | &nbsp;&nbsp;&nbsp;&nbsp; 4097 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; Magnitogorsk Iron & Steel Works PJSC ‡ | &nbsp;&nbsp;&nbsp;&nbsp; 3146 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; Novatek PJSC ‡ | &nbsp;&nbsp;&nbsp;&nbsp; 165 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; Rosneft Oil Co. PJSC ‡ \* | &nbsp;&nbsp;&nbsp;&nbsp; 833 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; Sberbank of Russia PJSC ‡ \* | &nbsp;&nbsp;&nbsp;&nbsp; 3172 | &nbsp;&nbsp;&nbsp;&nbsp; — |
| &nbsp;&nbsp;&nbsp; Severstal PAO, GDR ‡ \* (b) | &nbsp;&nbsp;&nbsp;&nbsp; 329 | &nbsp;&nbsp;&nbsp;&nbsp; — |

---

------

**JPMorgan Emerging Markets Research Enhanced Equity Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | &nbsp;&nbsp;&nbsp; **SHARES**<br> &nbsp;&nbsp;&nbsp;&nbsp;**(000)**<br>| &nbsp;&nbsp;&nbsp; **VALUE**<br> **($000)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Saudi Arabia — 2.8%** | **Saudi Arabia — 2.8%** | **Saudi Arabia — 2.8%** |
| &nbsp;&nbsp;&nbsp; Al Rajhi Bank | &nbsp;&nbsp;&nbsp;&nbsp; 602 | &nbsp;&nbsp;&nbsp;&nbsp; 15180 |
| &nbsp;&nbsp;&nbsp; Alinma Bank | &nbsp;&nbsp;&nbsp;&nbsp; 643 | &nbsp;&nbsp;&nbsp;&nbsp; 4421 |
| &nbsp;&nbsp;&nbsp; Arab National Bank | &nbsp;&nbsp;&nbsp;&nbsp; 335 | &nbsp;&nbsp;&nbsp;&nbsp; 1937 |
| &nbsp;&nbsp;&nbsp; Etihad Etisalat Co. | &nbsp;&nbsp;&nbsp;&nbsp; 285 | &nbsp;&nbsp;&nbsp;&nbsp; 4653 |
| &nbsp;&nbsp;&nbsp; Mouwasat Medical Services Co. | &nbsp;&nbsp;&nbsp;&nbsp; 23 | &nbsp;&nbsp;&nbsp;&nbsp; 469 |
| &nbsp;&nbsp;&nbsp; Saudi Arabian Oil Co. (b) | &nbsp;&nbsp;&nbsp;&nbsp; 917 | &nbsp;&nbsp;&nbsp;&nbsp; 5937 |
| &nbsp;&nbsp;&nbsp; Saudi Aramco Base Oil Co. | &nbsp;&nbsp;&nbsp;&nbsp; 71 | &nbsp;&nbsp;&nbsp;&nbsp; 1963 |
| &nbsp;&nbsp;&nbsp; Saudi National Bank (The) | &nbsp;&nbsp;&nbsp;&nbsp; 989 | &nbsp;&nbsp;&nbsp;&nbsp; 9868 |
| &nbsp;&nbsp;&nbsp; Saudi Telecom Co. | &nbsp;&nbsp;&nbsp;&nbsp; 623 | &nbsp;&nbsp;&nbsp;&nbsp; 6975 |
| &nbsp;&nbsp;&nbsp; United Electronics Co. | &nbsp;&nbsp;&nbsp;&nbsp; 79 | &nbsp;&nbsp;&nbsp;&nbsp; 1884 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 53287 |
| **Singapore — 0.0% ^** | **Singapore — 0.0% ^** | **Singapore — 0.0% ^** |
| &nbsp;&nbsp;&nbsp; Sea Ltd., ADR \* | &nbsp;&nbsp;&nbsp;&nbsp; 6 | &nbsp;&nbsp;&nbsp;&nbsp; 959 |
| **South Africa — 3.1%** | **South Africa — 3.1%** | **South Africa — 3.1%** |
| &nbsp;&nbsp;&nbsp; Absa Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 481 | &nbsp;&nbsp;&nbsp;&nbsp; 4745 |
| &nbsp;&nbsp;&nbsp; Bid Corp. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 98 | &nbsp;&nbsp;&nbsp;&nbsp; 2465 |
| &nbsp;&nbsp;&nbsp; Bidvest Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 289 | &nbsp;&nbsp;&nbsp;&nbsp; 3761 |
| &nbsp;&nbsp;&nbsp; Capitec Bank Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 18 | &nbsp;&nbsp;&nbsp;&nbsp; 3510 |
| &nbsp;&nbsp;&nbsp; Clicks Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 195 | &nbsp;&nbsp;&nbsp;&nbsp; 4083 |
| &nbsp;&nbsp;&nbsp; Discovery Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 155 | &nbsp;&nbsp;&nbsp;&nbsp; 1844 |
| &nbsp;&nbsp;&nbsp; FirstRand Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1396 | &nbsp;&nbsp;&nbsp;&nbsp; 5931 |
| &nbsp;&nbsp;&nbsp; Gold Fields Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 257 | &nbsp;&nbsp;&nbsp;&nbsp; 6262 |
| &nbsp;&nbsp;&nbsp; Harmony Gold Mining Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 167 | &nbsp;&nbsp;&nbsp;&nbsp; 2233 |
| &nbsp;&nbsp;&nbsp; Impala Platinum Holdings Ltd. \* | &nbsp;&nbsp;&nbsp;&nbsp; 262 | &nbsp;&nbsp;&nbsp;&nbsp; 2474 |
| &nbsp;&nbsp;&nbsp; MTN Group Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 818 | &nbsp;&nbsp;&nbsp;&nbsp; 6872 |
| &nbsp;&nbsp;&nbsp; Naspers Ltd., Class N | &nbsp;&nbsp;&nbsp;&nbsp; 21 | &nbsp;&nbsp;&nbsp;&nbsp; 6441 |
| &nbsp;&nbsp;&nbsp; Sanlam Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 535 | &nbsp;&nbsp;&nbsp;&nbsp; 2575 |
| &nbsp;&nbsp;&nbsp; Shoprite Holdings Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 292 | &nbsp;&nbsp;&nbsp;&nbsp; 4253 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 57449 |
| **South Korea — 10.7%** | **South Korea — 10.7%** | **South Korea — 10.7%** |
| &nbsp;&nbsp;&nbsp; Coway Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 45 | &nbsp;&nbsp;&nbsp;&nbsp; 3532 |
| &nbsp;&nbsp;&nbsp; DB Insurance Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 19 | &nbsp;&nbsp;&nbsp;&nbsp; 1760 |
| &nbsp;&nbsp;&nbsp; Doosan Bobcat, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 80 | &nbsp;&nbsp;&nbsp;&nbsp; 3159 |
| &nbsp;&nbsp;&nbsp; Hana Financial Group, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 126 | &nbsp;&nbsp;&nbsp;&nbsp; 7679 |
| &nbsp;&nbsp;&nbsp; Hanwha Aerospace Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 11 | &nbsp;&nbsp;&nbsp;&nbsp; 7597 |
| &nbsp;&nbsp;&nbsp; HD Hyundai Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 19 | &nbsp;&nbsp;&nbsp;&nbsp; 1997 |
| &nbsp;&nbsp;&nbsp; HD Hyundai Electric Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 12 | &nbsp;&nbsp;&nbsp;&nbsp; 4305 |
| &nbsp;&nbsp;&nbsp; HD Korea Shipbuilding & Offshore Engineering Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 26 | &nbsp;&nbsp;&nbsp;&nbsp; 6657 |
| &nbsp;&nbsp;&nbsp; Hugel, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 7 | &nbsp;&nbsp;&nbsp;&nbsp; 1735 |
| &nbsp;&nbsp;&nbsp; Hyundai Glovis Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 41 | &nbsp;&nbsp;&nbsp;&nbsp; 4382 |
| &nbsp;&nbsp;&nbsp; Hyundai Mobis Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 28 | &nbsp;&nbsp;&nbsp;&nbsp; 5825 |
| &nbsp;&nbsp;&nbsp; Hyundai Motor Co. | &nbsp;&nbsp;&nbsp;&nbsp; 42 | &nbsp;&nbsp;&nbsp;&nbsp; 6466 |
| &nbsp;&nbsp;&nbsp; JB Financial Group Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 147 | &nbsp;&nbsp;&nbsp;&nbsp; 2438 |
| &nbsp;&nbsp;&nbsp; KakaoBank Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 185 | &nbsp;&nbsp;&nbsp;&nbsp; 3726 |
| &nbsp;&nbsp;&nbsp; Kia Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 104 | &nbsp;&nbsp;&nbsp;&nbsp; 7597 |
| &nbsp;&nbsp;&nbsp; KIWOOM Securities Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 11 | &nbsp;&nbsp;&nbsp;&nbsp; 1653 |

---

------

**JPMorgan Emerging Markets Research Enhanced Equity Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | &nbsp;&nbsp;&nbsp; **SHARES**<br> &nbsp;&nbsp;&nbsp;&nbsp;**(000)**<br>| &nbsp;&nbsp;&nbsp; **VALUE**<br> **($000)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **South Korea — continued** | **South Korea — continued** | **South Korea — continued** |
| &nbsp;&nbsp;&nbsp; Korean Air Lines Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 182 | &nbsp;&nbsp;&nbsp;&nbsp; 3078 |
| &nbsp;&nbsp;&nbsp; NAVER Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 20 | &nbsp;&nbsp;&nbsp;&nbsp; 3427 |
| &nbsp;&nbsp;&nbsp; POSCO Holdings, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 7 | &nbsp;&nbsp;&nbsp;&nbsp; 1460 |
| &nbsp;&nbsp;&nbsp; Samsung Biologics Co. Ltd. \* (b) | &nbsp;&nbsp;&nbsp;&nbsp; 9 | &nbsp;&nbsp;&nbsp;&nbsp; 6610 |
| &nbsp;&nbsp;&nbsp; Samsung C&T Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 33 | &nbsp;&nbsp;&nbsp;&nbsp; 3987 |
| &nbsp;&nbsp;&nbsp; Samsung Electronics Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1237 | &nbsp;&nbsp;&nbsp;&nbsp; 63055 |
| &nbsp;&nbsp;&nbsp; Samsung Fire & Marine Insurance Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 14 | &nbsp;&nbsp;&nbsp;&nbsp; 4297 |
| &nbsp;&nbsp;&nbsp; Samsung Life Insurance Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 24 | &nbsp;&nbsp;&nbsp;&nbsp; 2149 |
| &nbsp;&nbsp;&nbsp; Samsung Securities Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 24 | &nbsp;&nbsp;&nbsp;&nbsp; 1208 |
| &nbsp;&nbsp;&nbsp; Shinhan Financial Group Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 91 | &nbsp;&nbsp;&nbsp;&nbsp; 4427 |
| &nbsp;&nbsp;&nbsp; SK Hynix, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 141 | &nbsp;&nbsp;&nbsp;&nbsp; 27324 |
| &nbsp;&nbsp;&nbsp; SK Telecom Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 92 | &nbsp;&nbsp;&nbsp;&nbsp; 3705 |
| &nbsp;&nbsp;&nbsp; SM Entertainment Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 18 | &nbsp;&nbsp;&nbsp;&nbsp; 1764 |
| &nbsp;&nbsp;&nbsp; S-Oil Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 58 | &nbsp;&nbsp;&nbsp;&nbsp; 2638 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 199637 |
| **Taiwan — 18.9%** | **Taiwan — 18.9%** | **Taiwan — 18.9%** |
| &nbsp;&nbsp;&nbsp; Accton Technology Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 146 | &nbsp;&nbsp;&nbsp;&nbsp; 4305 |
| &nbsp;&nbsp;&nbsp; Advantech Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 322 | &nbsp;&nbsp;&nbsp;&nbsp; 3580 |
| &nbsp;&nbsp;&nbsp; ASE Technology Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1294 | &nbsp;&nbsp;&nbsp;&nbsp; 6275 |
| &nbsp;&nbsp;&nbsp; Asia Cement Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 570 | &nbsp;&nbsp;&nbsp;&nbsp; 770 |
| &nbsp;&nbsp;&nbsp; Asia Vital Components Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 88 | &nbsp;&nbsp;&nbsp;&nbsp; 2673 |
| &nbsp;&nbsp;&nbsp; Asustek Computer, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 180 | &nbsp;&nbsp;&nbsp;&nbsp; 3946 |
| &nbsp;&nbsp;&nbsp; Cathay Financial Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 774 | &nbsp;&nbsp;&nbsp;&nbsp; 1569 |
| &nbsp;&nbsp;&nbsp; China Airlines Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 2315 | &nbsp;&nbsp;&nbsp;&nbsp; 1586 |
| &nbsp;&nbsp;&nbsp; CTBC Financial Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 6253 | &nbsp;&nbsp;&nbsp;&nbsp; 8592 |
| &nbsp;&nbsp;&nbsp; Delta Electronics, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 504 | &nbsp;&nbsp;&nbsp;&nbsp; 9504 |
| &nbsp;&nbsp;&nbsp; E.Sun Financial Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 5936 | &nbsp;&nbsp;&nbsp;&nbsp; 6348 |
| &nbsp;&nbsp;&nbsp; Eclat Textile Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 151 | &nbsp;&nbsp;&nbsp;&nbsp; 2020 |
| &nbsp;&nbsp;&nbsp; Elite Material Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 128 | &nbsp;&nbsp;&nbsp;&nbsp; 4704 |
| &nbsp;&nbsp;&nbsp; eMemory Technology, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 23 | &nbsp;&nbsp;&nbsp;&nbsp; 1578 |
| &nbsp;&nbsp;&nbsp; Eva Airways Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 4477 | &nbsp;&nbsp;&nbsp;&nbsp; 5645 |
| &nbsp;&nbsp;&nbsp; Evergreen Marine Corp. Taiwan Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 492 | &nbsp;&nbsp;&nbsp;&nbsp; 3247 |
| &nbsp;&nbsp;&nbsp; Fubon Financial Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1070 | &nbsp;&nbsp;&nbsp;&nbsp; 2936 |
| &nbsp;&nbsp;&nbsp; Hon Hai Precision Industry Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1854 | &nbsp;&nbsp;&nbsp;&nbsp; 10902 |
| &nbsp;&nbsp;&nbsp; KGI Financial Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 4604 | &nbsp;&nbsp;&nbsp;&nbsp; 2332 |
| &nbsp;&nbsp;&nbsp; Largan Precision Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 68 | &nbsp;&nbsp;&nbsp;&nbsp; 5303 |
| &nbsp;&nbsp;&nbsp; MediaTek, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 240 | &nbsp;&nbsp;&nbsp;&nbsp; 10853 |
| &nbsp;&nbsp;&nbsp; Mega Financial Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1427 | &nbsp;&nbsp;&nbsp;&nbsp; 2030 |
| &nbsp;&nbsp;&nbsp; Nan Ya Plastics Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 510 | &nbsp;&nbsp;&nbsp;&nbsp; 696 |
| &nbsp;&nbsp;&nbsp; Nien Made Enterprise Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 232 | &nbsp;&nbsp;&nbsp;&nbsp; 3312 |
| &nbsp;&nbsp;&nbsp; Pegatron Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 266 | &nbsp;&nbsp;&nbsp;&nbsp; 708 |
| &nbsp;&nbsp;&nbsp; Quanta Computer, Inc. | &nbsp;&nbsp;&nbsp;&nbsp; 889 | &nbsp;&nbsp;&nbsp;&nbsp; 8279 |
| &nbsp;&nbsp;&nbsp; Realtek Semiconductor Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 346 | &nbsp;&nbsp;&nbsp;&nbsp; 6619 |
| &nbsp;&nbsp;&nbsp; Taiwan Mobile Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 1133 | &nbsp;&nbsp;&nbsp;&nbsp; 3994 |
| &nbsp;&nbsp;&nbsp; Taiwan Semiconductor Manufacturing Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 5379 | &nbsp;&nbsp;&nbsp;&nbsp; 207076 |
| &nbsp;&nbsp;&nbsp; Tong Yang Industry Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 186 | &nbsp;&nbsp;&nbsp;&nbsp; 650 |
| &nbsp;&nbsp;&nbsp; Uni-President Enterprises Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 2108 | &nbsp;&nbsp;&nbsp;&nbsp; 5564 |

---

------

**JPMorgan Emerging Markets Research Enhanced Equity Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | &nbsp;&nbsp;&nbsp; **SHARES**<br> &nbsp;&nbsp;&nbsp;&nbsp;**(000)**<br>| &nbsp;&nbsp;&nbsp; **VALUE**<br> **($000)**<br>|
| **Common Stocks — continued** | **Common Stocks — continued** | **Common Stocks — continued** |
| **Taiwan — continued** | **Taiwan — continued** | **Taiwan — continued** |
| &nbsp;&nbsp;&nbsp; Wistron Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 1032 | &nbsp;&nbsp;&nbsp;&nbsp; 4199 |
| &nbsp;&nbsp;&nbsp; Wiwynn Corp. | &nbsp;&nbsp;&nbsp;&nbsp; 81 | &nbsp;&nbsp;&nbsp;&nbsp; 7435 |
| &nbsp;&nbsp;&nbsp; Yuanta Financial Holding Co. Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 3859 | &nbsp;&nbsp;&nbsp;&nbsp; 4003 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 353233 |
| **Thailand — 1.1%** | **Thailand — 1.1%** | **Thailand — 1.1%** |
| &nbsp;&nbsp;&nbsp; Bangkok Dusit Medical Services PCL, Class F | &nbsp;&nbsp;&nbsp;&nbsp; 6062 | &nbsp;&nbsp;&nbsp;&nbsp; 3935 |
| &nbsp;&nbsp;&nbsp; Bumrungrad Hospital PCL | &nbsp;&nbsp;&nbsp;&nbsp; 257 | &nbsp;&nbsp;&nbsp;&nbsp; 1336 |
| &nbsp;&nbsp;&nbsp; Central Pattana PCL | &nbsp;&nbsp;&nbsp;&nbsp; 2237 | &nbsp;&nbsp;&nbsp;&nbsp; 3559 |
| &nbsp;&nbsp;&nbsp; CP ALL PCL | &nbsp;&nbsp;&nbsp;&nbsp; 1759 | &nbsp;&nbsp;&nbsp;&nbsp; 2543 |
| &nbsp;&nbsp;&nbsp; Krung Thai Bank PCL | &nbsp;&nbsp;&nbsp;&nbsp; 3675 | &nbsp;&nbsp;&nbsp;&nbsp; 2418 |
| &nbsp;&nbsp;&nbsp; PTT Exploration & Production PCL | &nbsp;&nbsp;&nbsp;&nbsp; 1022 | &nbsp;&nbsp;&nbsp;&nbsp; 3934 |
| &nbsp;&nbsp;&nbsp; PTT Oil & Retail Business PCL | &nbsp;&nbsp;&nbsp;&nbsp; 5780 | &nbsp;&nbsp;&nbsp;&nbsp; 2447 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 20172 |
| **Turkey — 0.7%** | **Turkey — 0.7%** | **Turkey — 0.7%** |
| &nbsp;&nbsp;&nbsp; BIM Birlesik Magazalar A/S | &nbsp;&nbsp;&nbsp;&nbsp; 395 | &nbsp;&nbsp;&nbsp;&nbsp; 5162 |
| &nbsp;&nbsp;&nbsp; Ford Otomotiv Sanayi A/S | &nbsp;&nbsp;&nbsp;&nbsp; 413 | &nbsp;&nbsp;&nbsp;&nbsp; 967 |
| &nbsp;&nbsp;&nbsp; Turk Hava Yollari AO | &nbsp;&nbsp;&nbsp;&nbsp; 391 | &nbsp;&nbsp;&nbsp;&nbsp; 2770 |
| &nbsp;&nbsp;&nbsp; Turkiye Garanti Bankasi A/S | &nbsp;&nbsp;&nbsp;&nbsp; 546 | &nbsp;&nbsp;&nbsp;&nbsp; 1914 |
| &nbsp;&nbsp;&nbsp; Turkiye Petrol Rafinerileri A/S | &nbsp;&nbsp;&nbsp;&nbsp; 597 | &nbsp;&nbsp;&nbsp;&nbsp; 2478 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 13291 |
| **United Arab Emirates — 1.7%** | **United Arab Emirates — 1.7%** | **United Arab Emirates — 1.7%** |
| &nbsp;&nbsp;&nbsp; Abu Dhabi Commercial Bank PJSC | &nbsp;&nbsp;&nbsp;&nbsp; 1004 | &nbsp;&nbsp;&nbsp;&nbsp; 4445 |
| &nbsp;&nbsp;&nbsp; Adnoc Gas plc | &nbsp;&nbsp;&nbsp;&nbsp; 1970 | &nbsp;&nbsp;&nbsp;&nbsp; 1784 |
| &nbsp;&nbsp;&nbsp; Aldar Properties PJSC | &nbsp;&nbsp;&nbsp;&nbsp; 1035 | &nbsp;&nbsp;&nbsp;&nbsp; 2674 |
| &nbsp;&nbsp;&nbsp; Dubai Islamic Bank PJSC | &nbsp;&nbsp;&nbsp;&nbsp; 2475 | &nbsp;&nbsp;&nbsp;&nbsp; 6713 |
| &nbsp;&nbsp;&nbsp; Emaar Properties PJSC | &nbsp;&nbsp;&nbsp;&nbsp; 2541 | &nbsp;&nbsp;&nbsp;&nbsp; 10521 |
| &nbsp;&nbsp;&nbsp; Emirates NBD Bank PJSC | &nbsp;&nbsp;&nbsp;&nbsp; 350 | &nbsp;&nbsp;&nbsp;&nbsp; 2546 |
| &nbsp;&nbsp;&nbsp; Emirates Telecommunications Group Co. PJSC | &nbsp;&nbsp;&nbsp;&nbsp; 667 | &nbsp;&nbsp;&nbsp;&nbsp; 3441 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 32124 |
| **United Kingdom — 0.2%** | **United Kingdom — 0.2%** | **United Kingdom — 0.2%** |
| &nbsp;&nbsp;&nbsp; Anglogold Ashanti plc | &nbsp;&nbsp;&nbsp;&nbsp; 71 | &nbsp;&nbsp;&nbsp;&nbsp; 3217 |
| **United States — 0.1%** | **United States — 0.1%** | **United States — 0.1%** |
| &nbsp;&nbsp;&nbsp; ExlService Holdings, Inc. \* | &nbsp;&nbsp;&nbsp;&nbsp; 20 | &nbsp;&nbsp;&nbsp;&nbsp; 874 |
| &nbsp;&nbsp;&nbsp; Genpact Ltd. | &nbsp;&nbsp;&nbsp;&nbsp; 31 | &nbsp;&nbsp;&nbsp;&nbsp; 1357 |
|  |  | &nbsp;&nbsp;&nbsp;&nbsp; 2231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Common Stocks <br>(Cost $1,400,234)<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; 1873053 |
| **Short-Term Investments — 8.9%** | **Short-Term Investments — 8.9%** | **Short-Term Investments — 8.9%** |
| **Investment Companies — 8.4%** | **Investment Companies — 8.4%** | **Investment Companies — 8.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; JPMorgan Prime Money Market Fund Class Institutional Shares, 4.28% (d) (e) <br>(Cost $157,193)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 157161 | &nbsp;&nbsp;&nbsp;&nbsp; 157193 |

---

------

**JPMorgan Emerging Markets Research Enhanced Equity Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

---

| | | |
|:---|:---|:---|
| **INVESTMENTS** | &nbsp;&nbsp;&nbsp; **SHARES**<br> &nbsp;&nbsp;&nbsp;&nbsp;**(000)**<br>| &nbsp;&nbsp;&nbsp; **VALUE**<br> **($000)**<br>|
| **Short-Term Investments — continued** | **Short-Term Investments — continued** | **Short-Term Investments — continued** |
| **Investment of Cash Collateral from Securities Loaned — 0.5%** | **Investment of Cash Collateral from Securities Loaned — 0.5%** | **Investment of Cash Collateral from Securities Loaned — 0.5%** |
| &nbsp;&nbsp;&nbsp; JPMorgan Securities Lending Money Market Fund Agency SL Class Shares, 4.37% (d) (e)(Cost $8,814) | &nbsp;&nbsp;&nbsp;&nbsp; 8814 | &nbsp;&nbsp;&nbsp;&nbsp; 8814 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Total Short-Term Investments <br>(Cost $166,007)<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; 166007 |
| **Total Investments — 109.0%** <br>**(Cost $1,566,241)**<br>|  | &nbsp;&nbsp;&nbsp;&nbsp; **2039060** |
| **Liabilities in Excess of Other Assets — (9.0)%** |  | &nbsp;&nbsp;&nbsp;&nbsp; **(169095)**<br>|
| **NET ASSETS — 100.0%** |  | &nbsp;&nbsp;&nbsp;&nbsp; **1869965** |

---

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

---

| |
|:---|
| <br>Percentages indicated are based on net assets. |
| <br>Amounts presented as a dash ("-") represent amounts that round to less than a thousand. |

---

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

---

| | |
|:---|:---|
| **Abbreviations** |  |
| ADR | American Depositary Receipt |
| GDR | Global Depositary Receipt |
| JSC | Joint Stock Company |
| PJSC | Public Joint Stock Company |
| Preference | A special type of equity investment that shares in the earnings of the company, has limited voting rights, and may have a dividend preference. Preference <br> shares may also have liquidation preference.<br>|
| PT | Limited liability company |
| REIT | Real Estate Investment Trust |

---

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

---

| | |
|:---|:---|
| ^ | Amount rounds to less than 0.1% of net assets. |
| ‡ | Value determined using significant unobservable inputs. |
| \* | Non-income producing security.  |
| (a) | The security or a portion of this security is on loan at July 31, 2025. The total value of securities on loan at July 31, 2025 is $4,233. |
| (b) | Security exempt from registration pursuant to Regulation S under the Securities Act of 1933, as amended. Regulation S applies to securities <br> offerings that are made outside of the United States and do not involve direct selling efforts in the United States and as such may have <br> restrictions on resale.<br>|
| (c) | Value is zero. |
| (d) | Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan <br> Investment Management Inc.<br>|
| (e) | The rate shown is the current yield as of July 31, 2025. |

---

------

**JPMorgan Emerging Markets Research Enhanced Equity Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

**Summary of Investments by Industry, July 31, 2025**

The following table represents the portfolio investments of the Fund by industry classifications as a percentage of total investments:

---

| | |
|:---|:---|
| **INDUSTRY** | **PERCENT OF** <br>**TOTAL** <br>**INVESTMENTS**<br>|
| Banks | 17.1<br> %<br>|
| Semiconductors & Semiconductor Equipment | 13.2 |
| Technology Hardware, Storage & Peripherals | 6.0 |
| Interactive Media & Services | 5.7 |
| Broadline Retail | 4.3 |
| Oil, Gas & Consumable Fuels | 4.0 |
| Metals & Mining | 3.5 |
| Automobiles | 3.0 |
| Insurance | 3.0 |
| Hotels, Restaurants & Leisure | 1.9 |
| Wireless Telecommunication Services | 1.9 |
| Electronic Equipment, Instruments & Components | 1.8 |
| IT Services | 1.4 |
| Real Estate Management & Development | 1.4 |
| Consumer Staples Distribution & Retail | 1.4 |
| Machinery | 1.3 |
| Electrical Equipment | 1.3 |
| Pharmaceuticals | 1.3 |
| Diversified Telecommunication Services | 1.3 |
| Entertainment | 1.1 |
| Food Products | 1.0 |
| Passenger Airlines | 1.0 |
| Household Durables | 1.0 |
| Capital Markets | 1.0 |
| Aerospace & Defense | 1.0 |
| Others (each less than 1.0%) | 11.0 |
| Short-Term Investments | 8.1 |

---

------

**JPMorgan Emerging Markets Research Enhanced Equity Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

(Dollar values in thousands)

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

**A. Valuation of Investments**— Investments are valued in accordance with U.S. generally accepted accounting principles ("GAAP") and the Fund's valuation policies set forth by, and under the supervision and responsibility of, the Board of Trustees of the Trust (the "Board"), which established the following approach to valuation, as described more fully below: (i) investments for which market quotations are readily available shall be valued at their market value and (ii) all other investments for which market quotations are not readily available shall be valued at their fair value as determined in good faith by the Board.

Under Section 2(a)(41) of the Investment Company Act of 1940, the Board is required to determine fair value for securities that do not have readily available market quotations. Under Securities and Exchange Commission Rule 2a-5 (Good Faith Determinations of Fair Value), the Board may designate the performance of these fair valuation determinations to a valuation designee. The Board has designated the Adviser as the "Valuation Designee" to perform fair valuation determinations for the Fund on behalf of the Board subject to appropriate oversight by the Board. The Adviser, as Valuation Designee, leverages the J.P. Morgan Asset Management Americas Valuation Committee ("AVC") to help oversee and carry out the policies for the valuation of investments held in the Fund. The Adviser, as Valuation Designee, remains responsible for the valuation determinations.

This oversight by the AVC includes monitoring the appropriateness of fair values based on results of ongoing valuation oversight including, but not limited to, consideration of macro or security specific events, market events, and pricing vendor and broker due diligence. The Administrator is responsible for discussing and assessing the potential impacts to the fair values on an ongoing basis, and, at least on a quarterly basis, with the AVC and the Board.

A market-based approach is primarily used to value the Fund's investments. Investments for which market quotations are not readily available are fair valued using prices supplied by approved affiliated and/or unaffiliated pricing vendors or third party broker-dealers (collectively referred to as "Pricing Services"), or may be internally fair valued using methods set forth by the valuation policies approved by the Board. This may include the use of related or comparable assets or liabilities, recent transactions, market multiples, book values and other relevant information for the investment. An income-based valuation approach may be used in which the anticipated future cash flows of the investment are discounted to calculate the fair value. Discounts may also be applied due to the nature or duration of any restrictions on the disposition of the investments. Valuations may be based upon current market prices of securities that are comparable in coupon, rating, maturity and industry. It is possible that the estimated values may differ significantly from the values that would have been used had a ready market for the investments existed, and such differences could be material.

Equities and other exchange-traded instruments are valued at the last sale price or official market closing price on the primary exchange on which the instrument is traded before the net asset value ("NAV") of the Fund is calculated on a valuation date. Certain foreign equity instruments are valued by applying international fair value factors provided by approved Pricing Services. The factors seek to adjust the local closing price for movements of local markets post-closing, but prior to the time the NAV is calculated.

Investments in open-end investment companies ("Underlying Funds") are valued at each Underlying Fund's NAV per share as of the report date.

Valuations reflected in this report are as of the report date. As a result, changes in valuation due to market events and/or issuer-related events after the report date and prior to issuance of the report are not reflected herein.

The various inputs that are used in determining the valuation of the Fund's investments are summarized into the three broad levels listed below.

• Level 1 — Unadjusted inputs using quoted prices in active markets for identical investments.

• Level 2 — Other significant observable inputs including, but not limited to, quoted prices for similar investments, inputs other than quoted prices that are observable for investments (such as interest rates, prepayment speeds, credit risk, etc.) or other market corroborated inputs.

• Level 3 — Significant inputs based on the best information available in the circumstances, to the extent observable inputs are not available (including the Fund's assumptions in determining the fair value of investments).

A financial instrument's level within the fair value hierarchy is based on the lowest level of any input, both individually and in the aggregate, that is significant to the fair value measurement. The inputs or methodology used for valuing instruments are not necessarily an indication of the risk associated with investing in those instruments.

------

**JPMorgan Emerging Markets Research Enhanced Equity Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

(Dollar values in thousands)

The following table represents each valuation input as presented on the Schedule of Portfolio Investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;&nbsp;&nbsp; **Level 1** <br>Quoted prices<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Level 2** <br>Other significant <br>observable inputs<br>| &nbsp;&nbsp;&nbsp;&nbsp; **Level 3** <br>Significant <br>unobservable inputs<br>| **Total** |
| **Investments in Securities** |  |  |  |  |
| Common Stocks |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Austria | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $1082 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $1082 |
| &nbsp;&nbsp;&nbsp; Brazil | &nbsp;&nbsp;&nbsp;&nbsp; 81697 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 81697 |
| &nbsp;&nbsp;&nbsp; Chile | &nbsp;&nbsp;&nbsp;&nbsp; 3300 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 3300 |
| &nbsp;&nbsp;&nbsp; China | &nbsp;&nbsp;&nbsp;&nbsp; 25083 | &nbsp;&nbsp;&nbsp;&nbsp; 544168 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 569251 |
| &nbsp;&nbsp;&nbsp; Colombia | &nbsp;&nbsp;&nbsp;&nbsp; 2263 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2263 |
| &nbsp;&nbsp;&nbsp; Czech Republic | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1828 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1828 |
| &nbsp;&nbsp;&nbsp; Greece | &nbsp;&nbsp;&nbsp;&nbsp; 2987 | &nbsp;&nbsp;&nbsp;&nbsp; 17394 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 20381 |
| &nbsp;&nbsp;&nbsp; Hong Kong | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 3495 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 3495 |
| &nbsp;&nbsp;&nbsp; Hungary | &nbsp;&nbsp;&nbsp;&nbsp; 4171 | &nbsp;&nbsp;&nbsp;&nbsp; 10558 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 14729 |
| &nbsp;&nbsp;&nbsp; India | &nbsp;&nbsp;&nbsp;&nbsp; 15543 | &nbsp;&nbsp;&nbsp;&nbsp; 293403 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 308946 |
| &nbsp;&nbsp;&nbsp; Indonesia | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 26656 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 26656 |
| &nbsp;&nbsp;&nbsp; Kazakhstan | &nbsp;&nbsp;&nbsp;&nbsp; 1311 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1311 |
| &nbsp;&nbsp;&nbsp; Kuwait | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 5282 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 5282 |
| &nbsp;&nbsp;&nbsp; Malaysia | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 14440 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 14440 |
| &nbsp;&nbsp;&nbsp; Mexico | &nbsp;&nbsp;&nbsp;&nbsp; 44082 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 44082 |
| &nbsp;&nbsp;&nbsp; Panama | &nbsp;&nbsp;&nbsp;&nbsp; 2912 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2912 |
| &nbsp;&nbsp;&nbsp; Peru | &nbsp;&nbsp;&nbsp;&nbsp; 8064 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8064 |
| &nbsp;&nbsp;&nbsp; Philippines | &nbsp;&nbsp;&nbsp;&nbsp; 1521 | &nbsp;&nbsp;&nbsp;&nbsp; 3402 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 4923 |
| &nbsp;&nbsp;&nbsp; Poland | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 14557 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 14557 |
| &nbsp;&nbsp;&nbsp; Qatar | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8254 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8254 |
| &nbsp;&nbsp;&nbsp; Russia | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; —(a)<br>| &nbsp;&nbsp;&nbsp;&nbsp; —(a)<br>|
| &nbsp;&nbsp;&nbsp; Saudi Arabia | &nbsp;&nbsp;&nbsp;&nbsp; 6537 | &nbsp;&nbsp;&nbsp;&nbsp; 46750 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 53287 |
| &nbsp;&nbsp;&nbsp; Singapore | &nbsp;&nbsp;&nbsp;&nbsp; 959 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 959 |
| &nbsp;&nbsp;&nbsp; South Africa | &nbsp;&nbsp;&nbsp;&nbsp; 13376 | &nbsp;&nbsp;&nbsp;&nbsp; 44073 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 57449 |
| &nbsp;&nbsp;&nbsp; South Korea | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 199637 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 199637 |
| &nbsp;&nbsp;&nbsp; Taiwan | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 353233 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 353233 |
| &nbsp;&nbsp;&nbsp; Thailand | &nbsp;&nbsp;&nbsp;&nbsp; 10967 | &nbsp;&nbsp;&nbsp;&nbsp; 9205 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 20172 |
| &nbsp;&nbsp;&nbsp; Turkey | &nbsp;&nbsp;&nbsp;&nbsp; 5162 | &nbsp;&nbsp;&nbsp;&nbsp; 8129 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 13291 |
| &nbsp;&nbsp;&nbsp; United Arab Emirates | &nbsp;&nbsp;&nbsp;&nbsp; 2546 | &nbsp;&nbsp;&nbsp;&nbsp; 29578 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 32124 |
| &nbsp;&nbsp;&nbsp; United Kingdom | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 3217 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 3217 |
| &nbsp;&nbsp;&nbsp; United States | &nbsp;&nbsp;&nbsp;&nbsp; 2231 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2231 |
| &nbsp;&nbsp;&nbsp; Total Common Stocks | &nbsp;&nbsp;&nbsp;&nbsp; 234712 | &nbsp;&nbsp;&nbsp;&nbsp; 1638341 | &nbsp;&nbsp;&nbsp;&nbsp; —<br> (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp; 1873053 |
| Short-Term Investments |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Investment Companies | &nbsp;&nbsp;&nbsp;&nbsp; 157193 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 157193 |
| &nbsp;&nbsp;&nbsp; Investment of Cash Collateral from Securities Loaned | &nbsp;&nbsp;&nbsp;&nbsp; 8814 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 8814 |
| &nbsp;&nbsp;&nbsp; Total Short-Term Investments | &nbsp;&nbsp;&nbsp;&nbsp; 166007 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 166007 |
| **Total Investments in Securities** | &nbsp;&nbsp;&nbsp;&nbsp; $400719 | &nbsp;&nbsp;&nbsp;&nbsp; $1638341 | &nbsp;&nbsp;&nbsp;&nbsp; $—<br> (a)<br>| &nbsp;&nbsp;&nbsp;&nbsp; $2039060 |

---

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

(a) Amount rounds to less than one thousand.

**B. Investment Transactions with Affiliates**— The Fund invested in Underlying Funds advised by the Adviser. An issuer which is under common control with the Fund may be considered an affiliate. The Fund assumes the issuers listed in the table below to be affiliated issuers.

------

**JPMorgan Emerging Markets Research Enhanced Equity Fund**

**SCHEDULE OF PORTFOLIO INVESTMENTS**

AS OF July 31, 2025 (Unaudited) (continued)

(Dollar values in thousands)

The Underlying Funds' distributions may be reinvested into such Underlying Funds. Reinvestment amounts are included in the purchases at cost amounts in the table below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **For the period ended July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** | **For the period ended July 31, 2025** |
| **Security Description** | **Value at** <br>**October 31,** <br>**2024**<br>| **Purchases at** <br>**Cost**<br>| **Proceeds from** <br>**Sales**<br>| **Net Realized** <br>**Gain (Loss)**<br>| **Change in** <br>**Unrealized** <br>**Appreciation/** <br>**(Depreciation)**<br>| **Value at** <br>**July 31,** <br>**2025**<br>| **Shares at** <br>**July 31,** <br>**2025**<br>| **Dividend** <br>**Income**<br>| **Capital Gain** <br>**Distributions**<br>|
| &nbsp;&nbsp;&nbsp; JPMorgan Prime Money Market Fund <br> Class Institutional Shares, 4.28% (a) (b)<br>| $47163 | $441324 | $331289 | $(9)<br>| $4 | $157193 | 157161 | $295 | $— |
| &nbsp;&nbsp;&nbsp; JPMorgan Securities Lending Money Market Fund <br> Agency SL Class Shares, 4.37% (a) (b)<br>| 25964 | 135440 | 152590 |  |  | 8814 | 8814 | 433 |  |
| **Total** | $73127 | $576764 | $483879 | $(9)<br>| $4 | $166007 |  | $728 | $— |

---

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

 <br> (a) Investment in an affiliated fund, which is registered under the Investment Company Act of 1940, as amended, and is advised by J.P. Morgan Investment Management Inc. <br> (b) The rate shown is the current yield as of July 31, 2025.

------

## 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 IV

- **b. Investment Company Act file number:** 811-23117

- **c. CIK number of Registrant:** 0001659326

- **d. LEI of Registrant:** 549300OTMPZX852VDL37

- **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 Emerging Markets Research Enhanced Equity Fund

- **b. EDGAR series identifier (if any):** S000063496

- **c. LEI of Series:** 549300RH6H0TG40PHS83

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

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

- **b. Date as of which information is reported:** 2025-07-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $2256640729.36

**Total Liabilities:** $19721555.56

**Net Assets:** $2236919173.80

**Cash Not Reported:** $192582965.70

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000205718 | 4.02%                | 6.54%                | 0.96%                |
| Class ID C000205719 | 4.00%                | 6.56%                | 0.95%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $9406072.17              | $68257362.25                               |
| Month 2  | $1119128.45              | $126422614.15                              |
| Month 3  | $75259966.74             | $-53077121.22                              |

**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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| GF Securities Co. Ltd.                                   | GF Securities Co. Ltd., Class H                                       | CUSIP: N/A<br>LEI: 3003007E0Y3ZJ5HNA936       | Long             | EC               | CORP              | CN        |   1106800 | NS      | $2416588.29   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| China Yangtze Power Co. Ltd.                             | China Yangtze Power Co. Ltd., Class A                                 | CUSIP: N/A<br>LEI: 3003008VX8JFJXA6QP74       | Long             | EC               | CORP              | CN        |   1097000 | NS      | $4236801.77   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Turk Hava Yollari AO                                     | Turk Hava Yollari AO                                                  | CUSIP: N/A<br>LEI: 789000EV8M3BL7ZPFB03       | Long             | EC               | CORP              | TR        |    391252 | NS      | $2769924.34   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Indian Hotels Co. Ltd. (The)                             | Indian Hotels Co. Ltd. (The)                                          | CUSIP: N/A<br>LEI: 33580076CH5SBY5HWA22       | Long             | EC               | CORP              | IN        |     91441 | NS      | $769116.88    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| China International Capital Corp. Ltd.                   | China International Capital Corp. Ltd., Class H                       | CUSIP: N/A<br>LEI: 529900OS3SVVTT56QN67       | Long             | EC               | CORP              | CN        |    824400 | NS      | $2093347.78   | 0.09%             |  |  |  | Yes           |                  2 | On Loan: No      |
| PTT Oil & Retail Business PCL                            | PTT Oil & Retail Business PCL                                         | CUSIP: N/A<br>LEI: 254900E86F1OANU6B371       | Long             | EC               | CORP              | TH        |   5780500 | NS      | $2447311.25   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC Asset Management Co. Ltd.                           | HDFC Asset Management Co. Ltd.                                        | CUSIP: N/A<br>LEI: 3358002FLK8AK8WSEP31       | Long             | EC               | CORP              | IN        |     13238 | NS      | $850770.86    | 0.04%             |  |  |  | Yes           |                  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        | 157161234 | NS      | $157192666.47 | 7.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Kuwait Finance House KSCP                                | Kuwait Finance House KSCP                                             | CUSIP: N/A<br>LEI: 2549007KX0N057S9BC98       | Long             | EC               | CORP              | KW        |    461041 | NS      | $1214026.26   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Nien Made Enterprise Co. Ltd.                            | Nien Made Enterprise Co. Ltd.                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    232000 | NS      | $3311733.23   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Bangkok Dusit Medical Services PCL                       | Bangkok Dusit Medical Services PCL, Class F                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TH        |   6062100 | NS      | $3935543.07   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Haier Smart Home Co. Ltd.                                | Haier Smart Home Co. Ltd., Class H                                    | CUSIP: N/A<br>LEI: 3003002BYTNGNJTWSH07       | Long             | EC               | CORP              | CN        |   2181500 | NS      | $6872552.39   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Quanta Computer, Inc.                                    | Quanta Computer, Inc.                                                 | CUSIP: N/A<br>LEI: 529900DE8BIV3XOXIK04       | Long             | EC               | CORP              | TW        |    888838 | NS      | $8278780.98   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Largan Precision Co. Ltd.                                | Largan Precision Co. Ltd.                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |     67612 | NS      | $5303021.87   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Public Bank Bhd.                                         | Public Bank Bhd.                                                      | CUSIP: N/A<br>LEI: 549300L2RSQCVMOHGM20       | Long             | EC               | CORP              | MY        |   2143100 | NS      | $2110671.78   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| CG Power & Industrial Solutions Ltd.                     | CG Power & Industrial Solutions Ltd.                                  | CUSIP: N/A<br>LEI: 335800KN5UTZKUZN2703       | Long             | EC               | CORP              | IN        |    450692 | NS      | $3383968.51   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Taiwan Mobile Co. Ltd.                                   | Taiwan Mobile Co. Ltd.                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |   1133000 | NS      | $3994164.65   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Cholamandalam Investment and Finance Co. Ltd.            | Cholamandalam Investment and Finance Co. Ltd.                         | CUSIP: N/A<br>LEI: 3358008DNPV45O4EII52       | Long             | EC               | CORP              | IN        |    187652 | NS      | $3076292.52   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Zhuzhou CRRC Times Electric Co. Ltd.                     | Zhuzhou CRRC Times Electric Co. Ltd., Class H                         | CUSIP: N/A<br>LEI: 529900PLNH7NQLN00B53       | Long             | EC               | CORP              | CN        |    953600 | NS      | $3868168.64   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Industrial & Commercial Bank of China Ltd.               | Industrial & Commercial Bank of China Ltd., Class H                   | CUSIP: N/A<br>LEI: 5493002ERZU2K9PZDL40       | Long             | EC               | CORP              | CN        |  11754000 | NS      | $9006212.99   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Tata Power Co. Ltd. (The)                                | Tata Power Co. Ltd. (The)                                             | CUSIP: N/A<br>LEI: 335800H5R3TGTJ7LQ663       | Long             | EC               | CORP              | IN        |    516818 | NS      | $2334472.63   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| TOTVS SA                                                 | TOTVS SA                                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |    145729 | NS      | $1133394.28   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Sea Ltd.                                                 | Sea Ltd.                                                              | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | KY        |      6122 | NS      | $959011.30    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Saudi National Bank (The)                                | Saudi National Bank (The)                                             | CUSIP: N/A<br>LEI: 5586006ZEFQ542K7CY16       | Long             | EC               | CORP              | SA        |    988882 | NS      | $9868145.25   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| National Bank of Greece SA                               | National Bank of Greece SA                                            | CUSIP: N/A<br>LEI: 5UMCZOEYKCVFAW8ZLO05       | Long             | EC               | CORP              | GR        |    374867 | NS      | $5228855.60   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Lupin Ltd.                                               | Lupin Ltd.                                                            | CUSIP: N/A<br>LEI: 335800HHXTESDEE2FC65       | Long             | EC               | CORP              | IN        |    106442 | NS      | $2326522.90   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Etihad Etisalat Co.                                      | Etihad Etisalat Co.                                                   | CUSIP: N/A<br>LEI: 2549007BA9ABDE3HVK79       | Long             | EC               | CORP              | SA        |    285165 | NS      | $4652528.06   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| eMemory Technology, Inc.                                 | eMemory Technology, Inc.                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |     23304 | NS      | $1577553.60   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Weichai Power Co. Ltd.                                   | Weichai Power Co. Ltd., Class H                                       | CUSIP: N/A<br>LEI: 529900OKTPKBG85F9502       | Long             | EC               | CORP              | CN        |   1376000 | NS      | $2916936.26   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Qatar National Bank QPSC                                 | Qatar National Bank QPSC                                              | CUSIP: N/A<br>LEI: 549300FFSRVBS0SQXY75       | Long             | EC               | CORP              | QA        |   1604324 | NS      | $8253652.13   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Discovery Ltd.                                           | Discovery Ltd.                                                        | CUSIP: N/A<br>LEI: 378900245A26169C8132       | Long             | EC               | CORP              | ZA        |    155538 | NS      | $1844415.78   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| SM Entertainment Co. Ltd.                                | SM Entertainment Co. Ltd.                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     18475 | NS      | $1764469.40   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Malayan Banking Bhd.                                     | Malayan Banking Bhd.                                                  | CUSIP: N/A<br>LEI: 5493004OT3TOY404V310       | Long             | EC               | CORP              | MY        |    505300 | NS      | $1111367.05   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd.                               | Alibaba Group Holding Ltd.                                            | CUSIP: N/A<br>LEI: 5493001NTNQJDH60PM02       | Long             | EC               | CORP              | KY        |   3978779 | NS      | $59820061.88  | 2.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Meituan                                                  | Meituan                                                               | CUSIP: N/A<br>LEI: 21380033K525E5JLIA77       | Long             | EC               | CORP              | KY        |   1036710 | NS      | $15993893.76  | 0.71%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Bajaj Finance Ltd.                                       | Bajaj Finance Ltd.                                                    | CUSIP: N/A<br>LEI: 335800YTEXC3DO4Z6F68       | Long             | EC               | CORP              | IN        |    849213 | NS      | $8498387.75   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Eva Airways Corp.                                        | Eva Airways Corp.                                                     | CUSIP: N/A<br>LEI: 254900S1P4XOXV67GC07       | Long             | EC               | CORP              | TW        |   4477000 | NS      | $5645049.33   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| PetroChina Co. Ltd.                                      | PetroChina Co. Ltd., Class H                                          | CUSIP: N/A<br>LEI: 529900RPY4YG47TRSV05       | Long             | EC               | CORP              | CN        |   8702000 | NS      | $8503868.30   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Santander Chile                                    | Banco Santander Chile                                                 | CUSIP: 05965X109<br>LEI: 3YJP8HORPAEXJ80D6368 | Long             | EC               | CORP              | CL        |    143403 | NS      | $3299703.03   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Inner Mongolia Yili Industrial Group Co. Ltd.            | Inner Mongolia Yili Industrial Group Co. Ltd., Class A                | CUSIP: N/A<br>LEI: 3003002Q2A863JPQFH06       | Long             | EC               | CORP              | CN        |    828708 | NS      | $3146804.15   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Max Healthcare Institute Ltd.                            | Max Healthcare Institute Ltd.                                         | CUSIP: N/A<br>LEI: 3358005LALYV4GZOYF67       | Long             | EC               | CORP              | IN        |    202661 | NS      | $2875270.48   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| China Pacific Insurance Group Co. Ltd.                   | China Pacific Insurance Group Co. Ltd., Class H                       | CUSIP: N/A<br>LEI: 529900BA5ILEL308WX03       | Long             | EC               | CORP              | CN        |   1094200 | NS      | $4406802.70   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Varun Beverages Ltd.                                     | Varun Beverages Ltd.                                                  | CUSIP: N/A<br>LEI: 33580058NWEMWBDNMD48       | Long             | EC               | CORP              | IN        |    111181 | NS      | $660784.05    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Hon Hai Precision Industry Co. Ltd.                      | Hon Hai Precision Industry Co. Ltd.                                   | CUSIP: N/A<br>LEI: 30030004CM3GSZXX7O56       | Long             | EC               | CORP              | TW        |   1854000 | NS      | $10902418.95  | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Vale SA                                                  | Vale SA                                                               | CUSIP: 91912E105<br>LEI: 254900SMTWBX7RU2SR20 | Long             | EC               | CORP              | BR        |    999910 | NS      | $9529142.30   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| XCMG Construction Machinery Co. Ltd.                     | XCMG Construction Machinery Co. Ltd., Class A                         | CUSIP: N/A<br>LEI: 300300QGG1VFJ0WTJE78       | Long             | EC               | CORP              | CN        |   2005781 | NS      | $2329996.04   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| CCC SA                                                   | CCC SA                                                                | CUSIP: N/A<br>LEI: 259400NWPQ2HCSMZP970       | Long             | EC               | CORP              | PL        |     34160 | NS      | $1755171.12   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Capitec Bank Holdings Ltd.                               | Capitec Bank Holdings Ltd.                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | ZA        |     18108 | NS      | $3510208.18   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Aeroportuario del Sureste SAB de CV                | Grupo Aeroportuario del Sureste SAB de CV, Class B                    | CUSIP: N/A<br>LEI: 5299001W7JIDXCUOUC82       | Long             | EC               | CORP              | MX        |    136535 | NS      | $4139909.11   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstRand Ltd.                                           | FirstRand Ltd.                                                        | CUSIP: N/A<br>LEI: 529900XYOP8CUZU7R671       | Long             | EC               | CORP              | ZA        |   1396566 | NS      | $5930603.58   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| HD Hyundai Co. Ltd.                                      | HD Hyundai Co. Ltd.                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     19520 | NS      | $1997355.12   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Sunny Optical Technology Group Co. Ltd.                  | Sunny Optical Technology Group Co. Ltd.                               | CUSIP: N/A<br>LEI: 3003004QIVP0DFVVWM94       | Long             | EC               | CORP              | KY        |    382500 | NS      | $3543989.78   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Kuaishou Technology                                      | Kuaishou Technology                                                   | CUSIP: N/A<br>LEI: 300300FCDZBE6UP9ED24       | Long             | EC               | CORP              | KY        |    682000 | NS      | $6659086.94   | 0.30%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Piraeus Financial Holdings SA                            | Piraeus Financial Holdings SA                                         | CUSIP: N/A<br>LEI: M6AD1Y1KW32H8THQ6F76       | Long             | EC               | CORP              | GR        |    656857 | NS      | $5050861.39   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| China CITIC Bank Corp. Ltd.                              | China CITIC Bank Corp. Ltd., Class H                                  | CUSIP: N/A<br>LEI: 300300C1030211000384       | Long             | EC               | CORP              | CN        |   6621087 | NS      | $6151799.12   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| COSCO SHIPPING Holdings Co. Ltd.                         | COSCO SHIPPING Holdings Co. Ltd., Class A                             | CUSIP: N/A<br>LEI: 3003009XI0QGYYA29S17       | Long             | EC               | CORP              | CN        |   2644920 | NS      | $5719614.77   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| JD.com, Inc.                                             | JD.com, Inc., Class A                                                 | CUSIP: N/A<br>LEI: 549300HVTWB0GJZ16V92       | Long             | EC               | CORP              | KY        |    382084 | NS      | $6022386.53   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| China Resources Land Ltd.                                | China Resources Land Ltd.                                             | CUSIP: N/A<br>LEI: 5299001HL0TU7X15HK51       | Long             | EC               | CORP              | KY        |    766000 | NS      | $2808896.96   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Kweichow Moutai Co. Ltd.                                 | Kweichow Moutai Co. Ltd., Class A                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |     27609 | NS      | $5433371.90   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Britannia Industries Ltd.                                | Britannia Industries Ltd.                                             | CUSIP: N/A<br>LEI: 335800RRN5EVHNNAXN80       | Long             | EC               | CORP              | IN        |     71103 | NS      | $4678235.69   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| NMDC Ltd.                                                | NMDC Ltd.                                                             | CUSIP: N/A<br>LEI: 335800IXHXOHQ7B2HP66       | Long             | EC               | CORP              | IN        |   2436481 | NS      | $1958313.28   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Kingsoft Corp. Ltd.                                      | Kingsoft Corp. Ltd.                                                   | CUSIP: N/A<br>LEI: 529900UVT35D3Q7YQY41       | Long             | EC               | CORP              | KY        |    185000 | NS      | $841242.38    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Cummins India Ltd.                                       | Cummins India Ltd.                                                    | CUSIP: N/A<br>LEI: 3358002PR6NKJRU4YS77       | Long             | EC               | CORP              | IN        |     29111 | NS      | $1175739.68   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| NAVER Corp.                                              | NAVER Corp.                                                           | CUSIP: N/A<br>LEI: 988400ULUQYDB2HQYJ61       | Long             | EC               | CORP              | KR        |     20362 | NS      | $3426825.74   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Turkiye Garanti Bankasi A/S                              | Turkiye Garanti Bankasi A/S                                           | CUSIP: N/A<br>LEI: 5493002XSS7K7RHN1V37       | Long             | EC               | CORP              | TR        |    545840 | NS      | $1913670.64   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Kunlun Energy Co. Ltd.                                   | Kunlun Energy Co. Ltd.                                                | CUSIP: N/A<br>LEI: 5299007GRIKP15GM4927       | Long             | EC               | CORP              | BM        |   1754000 | NS      | $1689717.93   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Cibest SA                                          | Grupo Cibest SA                                                       | CUSIP: 40090E106<br>LEI: N/A                  | Long             | EC               | CORP              | CO        |     52119 | NS      | $2263006.98   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| KGI Financial Holding Co. Ltd.                           | KGI Financial Holding Co. Ltd.                                        | CUSIP: N/A<br>LEI: 213800CVM61O866CGD19       | Long             | EC               | CORP              | TW        |   4603610 | NS      | $2331983.79   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Komercni Banka A/S                                       | Komercni Banka A/S                                                    | CUSIP: N/A<br>LEI: IYKCAVNFR8QGF00HV840       | Long             | EC               | CORP              | CZ        |     38376 | NS      | $1828063.92   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Fomento Economico Mexicano SAB de CV                     | Fomento Economico Mexicano SAB de CV                                  | CUSIP: N/A<br>LEI: 549300A8MDWDJNMLV153       | Long             | EC               | CORP              | MX        |    170877 | NS      | $1544822.28   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Minth Group Ltd.                                         | Minth Group Ltd.                                                      | CUSIP: N/A<br>LEI: 254900B2AH0G13K9G204       | Long             | EC               | CORP              | KY        |    640000 | NS      | $2112665.81   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co. Ltd.              | Taiwan Semiconductor Manufacturing Co. Ltd.                           | CUSIP: N/A<br>LEI: 549300KB6NK5SBD14S87       | Long             | EC               | CORP              | TW        |   5378689 | NS      | $207075694.25 | 9.26%             |  |  |  | No            |                  2 | On Loan: No      |
| China Resources Power Holdings Co. Ltd.                  | China Resources Power Holdings Co. Ltd.                               | CUSIP: N/A<br>LEI: 529900K60FC0AI053735       | Long             | EC               | CORP              | HK        |   1503250 | NS      | $3725189.08   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of China Ltd.                                       | Bank of China Ltd., Class H                                           | CUSIP: N/A<br>LEI: 54930053HGCFWVHYZX42       | Long             | EC               | CORP              | CN        |   8693000 | NS      | $5017717.10   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Evergreen Marine Corp. Taiwan Ltd.                       | Evergreen Marine Corp. Taiwan Ltd.                                    | CUSIP: N/A<br>LEI: 254900EIJA0A39C5SO15       | Long             | EC               | CORP              | TW        |    492106 | NS      | $3247355.52   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Hyundai Glovis Co. Ltd.                                  | Hyundai Glovis Co. Ltd.                                               | CUSIP: N/A<br>LEI: 988400U6RDXNJ5ZRN304       | Long             | EC               | CORP              | KR        |     41486 | NS      | $4382297.49   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Kia Corp.                                                | Kia Corp.                                                             | CUSIP: N/A<br>LEI: 988400V8MJK9N7OI5X76       | Long             | EC               | CORP              | KR        |    103827 | NS      | $7597103.67   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of Chengdu Co. Ltd.                                 | Bank of Chengdu Co. Ltd., Class A                                     | CUSIP: N/A<br>LEI: 30030030JPOKGL9K5418       | Long             | EC               | CORP              | CN        |    657400 | NS      | $1682571.22   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| InterGlobe Aviation Ltd.                                 | InterGlobe Aviation Ltd.                                              | CUSIP: N/A<br>LEI: 33580079R8SLLO23XD19       | Long             | EC               | CORP              | IN        |     70365 | NS      | $4722083.76   | 0.21%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Kaspi.KZ JSC                                             | Kaspi.KZ JSC                                                          | CUSIP: 48581R205<br>LEI: 2549003YU6FARG8OAZ13 | Long             | EC               | CORP              | KZ        |     16615 | NS      | $1310923.50   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| China Mengniu Dairy Co. Ltd.                             | China Mengniu Dairy Co. Ltd.                                          | CUSIP: N/A<br>LEI: 2549005Q343BSJ8RSS21       | Long             | EC               | CORP              | KY        |   1432000 | NS      | $2980014.29   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of the Philippine Islands                           | Bank of the Philippine Islands                                        | CUSIP: N/A<br>LEI: 549300UW4UH6XT2X8C50       | Long             | EC               | CORP              | PH        |    750730 | NS      | $1521215.21   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| DB Insurance Co. Ltd.                                    | DB Insurance Co. Ltd.                                                 | CUSIP: N/A<br>LEI: 9884000ZF26VNJBWSJ91       | Long             | EC               | CORP              | KR        |     19151 | NS      | $1760255.37   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Montage Technology Co. Ltd.                              | Montage Technology Co. Ltd., Class A                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |    292326 | NS      | $3433073.40   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| KakaoBank Corp.                                          | KakaoBank Corp.                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    185325 | NS      | $3726477.87   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank Mandiri Persero Tbk. PT                             | Bank Mandiri Persero Tbk. PT                                          | CUSIP: N/A<br>LEI: 549300RSKQN4Z5ZSGH94       | Long             | EC               | CORP              | ID        |  13618600 | NS      | $3707403.98   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Yunnan Yuntianhua Co. Ltd.                               | Yunnan Yuntianhua Co. Ltd., Class A                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |    818300 | NS      | $2793091.19   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Arab National Bank                                       | Arab National Bank                                                    | CUSIP: N/A<br>LEI: 213800CYWGYQVT1ZBQ57       | Long             | EC               | CORP              | SA        |    334804 | NS      | $1936789.34   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Mexico SAB de CV                                   | Grupo Mexico SAB de CV, Series B                                      | CUSIP: N/A<br>LEI: 529900JWLZAYET2ZGW20       | Long             | EC               | CORP              | MX        |   1123270 | NS      | $7007561.43   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Larsen & Toubro Ltd.                                     | Larsen & Toubro Ltd.                                                  | CUSIP: N/A<br>LEI: 3358003FR3JIC5FRXA90       | Long             | EC               | CORP              | IN        |     77762 | NS      | $3215900.85   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Innovent Biologics, Inc.                                 | Innovent Biologics, Inc.                                              | CUSIP: N/A<br>LEI: 25490058ONL9SCIE1R22       | Long             | EC               | CORP              | KY        |    202500 | NS      | $2506566.59   | 0.11%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Banco do Brasil SA                                       | Banco do Brasil SA                                                    | CUSIP: N/A<br>LEI: QE0Q0253K88YAGNPE356       | Long             | EC               | CORP              | BR        |    705213 | NS      | $2491113.24   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Emaar Properties PJSC                                    | Emaar Properties PJSC                                                 | CUSIP: N/A<br>LEI: 254900YWYEXYXK1BMP81       | Long             | EC               | CORP              | AE        |   2540505 | NS      | $10521004.25  | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Colgate-Palmolive India Ltd.                             | Colgate-Palmolive India Ltd.                                          | CUSIP: N/A<br>LEI: 335800YWKI47DGFKWB26       | Long             | EC               | CORP              | IN        |     66471 | NS      | $1699620.21   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Baidu, Inc.                                              | Baidu, Inc., Class A                                                  | CUSIP: N/A<br>LEI: 254900AL64IANZYI1E02       | Long             | EC               | CORP              | KY        |     67800 | NS      | $741822.68    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Xinyi Solar Holdings Ltd.                                | Xinyi Solar Holdings Ltd.                                             | CUSIP: N/A<br>LEI: 529900QF7VIH03SB7Q08       | Long             | EC               | CORP              | KY        |   1688000 | NS      | $653465.29    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| NU Holdings Ltd.                                         | NU Holdings Ltd., Class A                                             | CUSIP: N/A<br>LEI: 5493002DG1RHWK9W2X27       | Long             | EC               | CORP              | KY        |    631096 | NS      | $7711993.12   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Prudential plc                                           | Prudential plc                                                        | CUSIP: N/A<br>LEI: 5493001Z3ZE83NGK8Y12       | Long             | EC               | CORP              | GB        |    151595 | NS      | $1923162.48   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Airtac International Group                               | Airtac International Group                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |     98000 | NS      | $2787269.34   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Luzhou Laojiao Co. Ltd.                                  | Luzhou Laojiao Co. Ltd., Class A                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |     35600 | NS      | $605903.78    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Abu Dhabi Commercial Bank PJSC                           | Abu Dhabi Commercial Bank PJSC                                        | CUSIP: N/A<br>LEI: 213800RWVKKIRX1AUH58       | Long             | EC               | CORP              | AE        |   1004378 | NS      | $4444469.03   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Raiffeisen Bank International AG                         | Raiffeisen Bank International AG                                      | CUSIP: N/A<br>LEI: 9ZHRYM6F437SQJ6OUG95       | Long             | EC               | CORP              | AT        |     37474 | NS      | $1082040.33   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| WuXi AppTec Co. Ltd.                                     | WuXi AppTec Co. Ltd., Class H                                         | CUSIP: N/A<br>LEI: 254900OEPQLZSPLN9175       | Long             | EC               | CORP              | CN        |    443600 | NS      | $5917278.06   | 0.26%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Power Grid Corp. of India Ltd.                           | Power Grid Corp. of India Ltd.                                        | CUSIP: N/A<br>LEI: 3358009SHWZ3DZEQ4Z56       | Long             | EC               | CORP              | IN        |    625374 | NS      | $2067341.13   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank Polska Kasa Opieki SA                               | Bank Polska Kasa Opieki SA                                            | CUSIP: N/A<br>LEI: 5493000LKS7B3UTF7H35       | Long             | EC               | CORP              | PL        |     16851 | NS      | $915066.64    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Infosys Ltd.                                             | Infosys Ltd.                                                          | CUSIP: 456788108<br>LEI: 335800TYLGG93MM7PR89 | Long             | EC               | CORP              | IN        |    889162 | NS      | $14866788.64  | 0.66%             |  |  |  | No            |                  1 | On Loan: —       |
| Powszechny Zaklad Ubezpieczen SA                         | Powszechny Zaklad Ubezpieczen SA                                      | CUSIP: N/A<br>LEI: QLPCKOOKVX32FUELX240       | Long             | EC               | CORP              | PL        |    233065 | NS      | $3906399.18   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Max Financial Services Ltd.                              | Max Financial Services Ltd.                                           | CUSIP: N/A<br>LEI: 335800Y9FX8XGFB64S40       | Long             | EC               | CORP              | IN        |     67705 | NS      | $1155931.80   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Beijing Huafeng Test & Control Technology Co. Ltd.       | Beijing Huafeng Test & Control Technology Co. Ltd., Class A           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |     90323 | NS      | $1779967.58   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| China Merchants Bank Co. Ltd.                            | China Merchants Bank Co. Ltd., Class H                                | CUSIP: N/A<br>LEI: 549300MKO5B60FFIHF58       | Long             | EC               | CORP              | CN        |   1668500 | NS      | $10827141.93  | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Haidilao International Holding Ltd.                      | Haidilao International Holding Ltd.                                   | CUSIP: N/A<br>LEI: 3003009Q8GV4VNKZWI24       | Long             | EC               | CORP              | KY        |    762000 | NS      | $1350795.73   | 0.06%             |  |  |  | Yes           |                  2 | On Loan: No      |
| China Hongqiao Group Ltd.                                | China Hongqiao Group Ltd.                                             | CUSIP: N/A<br>LEI: 3003009Q4IBFSDE24571       | Long             | EC               | CORP              | KY        |   2058500 | NS      | $5430113.30   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank Central Asia Tbk. PT                                | Bank Central Asia Tbk. PT                                             | CUSIP: N/A<br>LEI: 254900BR956G2OHVOM21       | Long             | EC               | CORP              | ID        |  20352100 | NS      | $10200383.04  | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Fuyao Glass Industry Group Co. Ltd.                      | Fuyao Glass Industry Group Co. Ltd., Class H                          | CUSIP: N/A<br>LEI: 549300AS5CSLWETN0P64       | Long             | EC               | CORP              | CN        |    740800 | NS      | $5340850.98   | 0.24%             |  |  |  | Yes           |                  2 | On Loan: No      |
| HDFC Bank Ltd.                                           | HDFC Bank Ltd.                                                        | CUSIP: N/A<br>LEI: 335800ZQ6I4E2JXENC50       | Long             | EC               | CORP              | IN        |   1415905 | NS      | $32492629.74  | 1.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Ultrapar Participacoes SA                                | Ultrapar Participacoes SA                                             | CUSIP: N/A<br>LEI: 529900FU4XBXGQMLRE72       | Long             | EC               | CORP              | BR        |    808126 | NS      | $2451993.60   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Coforge Ltd.                                             | Coforge Ltd.                                                          | CUSIP: N/A<br>LEI: 3358004YL9JGBNP4KF72       | Long             | EC               | CORP              | IN        |     46017 | NS      | $911820.71    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Genpact Ltd.                                             | Genpact Ltd.                                                          | CUSIP: N/A<br>LEI: 529900OSEC6Q0L4L5B35       | Long             | EC               | CORP              | BM        |     30797 | NS      | $1356607.85   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Realtek Semiconductor Corp.                              | Realtek Semiconductor Corp.                                           | CUSIP: N/A<br>LEI: 5299002E7F36O00MYY75       | Long             | EC               | CORP              | TW        |    346175 | NS      | $6619168.36   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| ITC Ltd.                                                 | ITC Ltd.                                                              | CUSIP: N/A<br>LEI: 335800WLOU3OFWFTMP43       | Long             | EC               | CORP              | IN        |   1072049 | NS      | $5027583.74   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Santander Brasil SA                                | Banco Santander Brasil SA                                             | CUSIP: N/A<br>LEI: 549300D1H731B30TSI43       | Long             | EC               | CORP              | BR        |    337601 | NS      | $1586852.21   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CP ALL PCL                                               | CP ALL PCL                                                            | CUSIP: N/A<br>LEI: 894500LSBZLM09TY1A91       | Long             | EC               | CORP              | TH        |   1759000 | NS      | $2543229.80   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Sany Heavy Industry Co. Ltd.                             | Sany Heavy Industry Co. Ltd., Class A                                 | CUSIP: N/A<br>LEI: 3003001FS86S7NYOHV89       | Long             | EC               | CORP              | CN        |    808100 | NS      | $2231329.18   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Shinhan Financial Group Co. Ltd.                         | Shinhan Financial Group Co. Ltd.                                      | CUSIP: N/A<br>LEI: 988400EB8A6G49E5KO54       | Long             | EC               | CORP              | KR        |     90919 | NS      | $4427201.92   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Wal-Mart de Mexico SAB de CV                             | Wal-Mart de Mexico SAB de CV                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |   1605068 | NS      | $4730547.62   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Suzano SA                                                | Suzano SA                                                             | CUSIP: N/A<br>LEI: 391200AW174YQSDMGG41       | Long             | EC               | CORP              | BR        |    271929 | NS      | $2527200.43   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Wistron Corp.                                            | Wistron Corp.                                                         | CUSIP: N/A<br>LEI: 254900DIEONKUALBFM06       | Long             | EC               | CORP              | TW        |   1031659 | NS      | $4198710.61   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| China Merchants Bank Co. Ltd.                            | China Merchants Bank Co. Ltd., Class A                                | CUSIP: N/A<br>LEI: 549300MKO5B60FFIHF58       | Long             | EC               | CORP              | CN        |     90071 | NS      | $554896.51    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| NARI Technology Co. Ltd.                                 | NARI Technology Co. Ltd., Class A                                     | CUSIP: N/A<br>LEI: 3003006IGH1W58MAQM05       | Long             | EC               | CORP              | CN        |    839000 | NS      | $2544151.59   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Alpha Bank SA                                            | Alpha Bank SA                                                         | CUSIP: N/A<br>LEI: 213800DBQIB6VBNU5C64       | Long             | EC               | CORP              | GR        |    419697 | NS      | $1570981.85   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Kanzhun Ltd.                                             | Kanzhun Ltd.                                                          | CUSIP: 48553T106<br>LEI: 254900F4ZCBITP7L0251 | Long             | EC               | CORP              | KY        |    169269 | NS      | $3209340.24   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                      | MSCI Emerging Markets Index                                           | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      5772 | NC      | $-5433955.84  | -0.24%            |  |  |  | No            |                  1 | On Loan: No      |
| Itau Unibanco Holding SA                                 | Itau Unibanco Holding SA (Preference)                                 | CUSIP: N/A<br>LEI: 5493002W2IVG62O3ZJ94       | Long             | EC               | CORP              | BR        |   1132847 | NS      | $7076816.54   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Qifu Technology, Inc.                                    | Qifu Technology, Inc.                                                 | CUSIP: 88557W101<br>LEI: 836800R59NKEPDR6I240 | Long             | EC               | CORP              | KY        |     48241 | NS      | $1656113.53   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Power Corp. SA                                    | Public Power Corp. SA                                                 | CUSIP: N/A<br>LEI: 213800T9Y5XCOVRZ4Y57       | Long             | EC               | CORP              | GR        |     61458 | NS      | $996818.42    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Hindustan Aeronautics Ltd.                               | Hindustan Aeronautics Ltd.                                            | CUSIP: N/A<br>LEI: 335800AKDC7T933T3I86       | Long             | EC               | CORP              | IN        |     98513 | NS      | $5070074.25   | 0.23%             |  |  |  | Yes           |                  2 | On Loan: No      |
| CMOC Group Ltd.                                          | CMOC Group Ltd., Class H                                              | CUSIP: N/A<br>LEI: 2549008KG3638J59U652       | Long             | EC               | CORP              | CN        |   4389000 | NS      | $4982102.16   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Securities Co. Ltd.                              | Samsung Securities Co. Ltd.                                           | CUSIP: N/A<br>LEI: 988400RBTJTHNUOHE716       | Long             | EC               | CORP              | KR        |     23834 | NS      | $1208251.62   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Hanwha Aerospace Co. Ltd.                                | Hanwha Aerospace Co. Ltd.                                             | CUSIP: N/A<br>LEI: 9884001NSUA8FQKQWR25       | Long             | EC               | CORP              | KR        |     10648 | NS      | $7596841.57   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| United Electronics Co.                                   | United Electronics Co.                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SA        |     78739 | NS      | $1883934.11   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ExlService Holdings, Inc.                                | ExlService Holdings, Inc.                                             | CUSIP: 302081104<br>LEI: 81E3DTNF6OSH489ZOV15 | Long             | EC               | CORP              | US        |     20137 | NS      | $874549.91    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Nongfu Spring Co. Ltd.                                   | Nongfu Spring Co. Ltd., Class H                                       | CUSIP: N/A<br>LEI: 300300P08GGT4SKR9G93       | Long             | EC               | CORP              | CN        |    785200 | NS      | $4536606.48   | 0.20%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Bank Rakyat Indonesia Persero Tbk. PT                    | Bank Rakyat Indonesia Persero Tbk. PT                                 | CUSIP: N/A<br>LEI: 254900HB6S4B12GBNP64       | Long             | EC               | CORP              | ID        |  21666587 | NS      | $4851812.69   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Xiamen Faratronic Co. Ltd.                               | Xiamen Faratronic Co. Ltd., Class A                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |     44600 | NS      | $679064.21    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Wuxi Biologics Cayman, Inc.                              | Wuxi Biologics Cayman, Inc.                                           | CUSIP: N/A<br>LEI: 5493001TD2TH6VDTJU11       | Long             | EC               | CORP              | KY        |    561000 | NS      | $2281044.77   | 0.10%             |  |  |  | Yes           |                  2 | On Loan: No      |
| SK Telecom Co. Ltd.                                      | SK Telecom Co. Ltd.                                                   | CUSIP: N/A<br>LEI: 9884003WEA1PHW006037       | Long             | EC               | CORP              | KR        |     91739 | NS      | $3705475.30   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Novatek PJSC                                             | Novatek PJSC                                                          | CUSIP: N/A<br>LEI: 2138008R6GCRVBDFA581       | Long             | EC               | CORP              | RU        |    164582 | NS      | $0.16         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Tencent Holdings Ltd.                                    | Tencent Holdings Ltd.                                                 | CUSIP: N/A<br>LEI: 254900N4SLUMW4XUYY11       | Long             | EC               | CORP              | KY        |   1448930 | NS      | $101442834.16 | 4.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Godrej Properties Ltd.                                   | Godrej Properties Ltd.                                                | CUSIP: N/A<br>LEI: 335800KM3Y5NZWXOE183       | Long             | EC               | CORP              | IN        |     17918 | NS      | $427234.42    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Biologics Co. Ltd.                               | Samsung Biologics Co. Ltd.                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |      8652 | NS      | $6610369.03   | 0.30%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Tencent Music Entertainment Group                        | Tencent Music Entertainment Group                                     | CUSIP: 88034P109<br>LEI: 213800XTZK2GOHQTYK41 | Long             | EC               | CORP              | KY        |    205805 | NS      | $4319846.95   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Arca Continental SAB de CV                               | Arca Continental SAB de CV                                            | CUSIP: N/A<br>LEI: 254900U2BSJCQHJCXN24       | Long             | EC               | CORP              | MX        |    431756 | NS      | $4501339.52   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| National Bank of Kuwait SAKP                             | National Bank of Kuwait SAKP                                          | CUSIP: N/A<br>LEI: 549300NB7FE83IH6BW96       | Long             | EC               | CORP              | KW        |   1188401 | NS      | $4067636.71   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| State Bank of India                                      | State Bank of India                                                   | CUSIP: N/A<br>LEI: 5493001JZ37UBBZF6L49       | Long             | EC               | CORP              | IN        |     90756 | NS      | $822289.29    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Absa Group Ltd.                                          | Absa Group Ltd.                                                       | CUSIP: N/A<br>LEI: 2138006IPPRD4N6XLT30       | Long             | EC               | CORP              | ZA        |    480690 | NS      | $4744810.80   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Telekom Malaysia Bhd.                                    | Telekom Malaysia Bhd.                                                 | CUSIP: N/A<br>LEI: 254900SNFPTSDGGVEK77       | Long             | EC               | CORP              | MY        |   1835300 | NS      | $2897517.02   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| CTBC Financial Holding Co. Ltd.                          | CTBC Financial Holding Co. Ltd.                                       | CUSIP: N/A<br>LEI: 549300IWDYIFW6JXM387       | Long             | EC               | CORP              | TW        |   6253000 | NS      | $8592229.60   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Tianshan Aluminum Group Co. Ltd.                         | Tianshan Aluminum Group Co. Ltd., Class A                             | CUSIP: N/A<br>LEI: 300300VE52AL1GWYFN04       | Long             | EC               | CORP              | CN        |   1279603 | NS      | $1613697.02   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Blue Star Ltd.                                           | Blue Star Ltd.                                                        | CUSIP: N/A<br>LEI: 335800CWJUVEKQ1TE879       | Long             | EC               | CORP              | IN        |     73231 | NS      | $1443940.53   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Advantech Co. Ltd.                                       | Advantech Co. Ltd.                                                    | CUSIP: N/A<br>LEI: 2549002OSTKE9HB9IY03       | Long             | EC               | CORP              | TW        |    321830 | NS      | $3579987.28   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Yum China Holdings, Inc.                                 | Yum China Holdings, Inc.                                              | CUSIP: 98850P109<br>LEI: 529900DO9BYZ7VA3K502 | Long             | EC               | CORP              | US        |     31251 | NS      | $1458796.68   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Lenovo Group Ltd.                                        | Lenovo Group Ltd.                                                     | CUSIP: N/A<br>LEI: 254900VUZRGD5U73RE46       | Long             | EC               | CORP              | HK        |   1228000 | NS      | $1574603.03   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Shoprite Holdings Ltd.                                   | Shoprite Holdings Ltd.                                                | CUSIP: N/A<br>LEI: 529900Q4O1EYP6NH5150       | Long             | EC               | CORP              | ZA        |    291801 | NS      | $4253130.23   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| China Resources Sanjiu Medical & Pharmaceutical Co. Ltd. | China Resources Sanjiu Medical & Pharmaceutical Co. Ltd., Class A     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |   1082731 | NS      | $4697962.91   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| REC Ltd.                                                 | REC Ltd.                                                              | CUSIP: N/A<br>LEI: 335800B4YRYWAMIJZ374       | Long             | EC               | CORP              | IN        |    493148 | NS      | $2210448.01   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Al Rajhi Bank                                            | Al Rajhi Bank                                                         | CUSIP: N/A<br>LEI: 558600BQZS4Y1DTU8589       | Long             | EC               | CORP              | SA        |    602036 | NS      | $15179776.93  | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| Shenzhou International Group Holdings Ltd.               | Shenzhou International Group Holdings Ltd.                            | CUSIP: N/A<br>LEI: 529900B4W41TCUKJFM73       | Long             | EC               | CORP              | KY        |    391000 | NS      | $2813933.55   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| NetEase, Inc.                                            | NetEase, Inc.                                                         | CUSIP: N/A<br>LEI: 5299004AF4DSJDB0PA32       | Long             | EC               | CORP              | KY        |    555710 | NS      | $14527512.45  | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Bajaj Auto Ltd.                                          | Bajaj Auto Ltd.                                                       | CUSIP: N/A<br>LEI: 335800DLAO5NCNN8G863       | Long             | EC               | CORP              | IN        |     48324 | NS      | $4399774.36   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| ASE Technology Holding Co. Ltd.                          | ASE Technology Holding Co. Ltd.                                       | CUSIP: N/A<br>LEI: 300300GO8QHPMV87NZ73       | Long             | EC               | CORP              | TW        |   1294045 | NS      | $6275328.42   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| JB Financial Group Co. Ltd.                              | JB Financial Group Co. Ltd.                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    146875 | NS      | $2437703.00   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Midea Group Co. Ltd.                                     | Midea Group Co. Ltd., Class A                                         | CUSIP: N/A<br>LEI: 3003003TRPHLHZD2IF61       | Long             | EC               | CORP              | CN        |    440500 | NS      | $4278151.51   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Regional SAB de CV                                       | Regional SAB de CV                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |    113750 | NS      | $879489.80    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Hugel, Inc.                                              | Hugel, Inc.                                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |      7186 | NS      | $1734548.42   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Elite Material Co. Ltd.                                  | Elite Material Co. Ltd.                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    128313 | NS      | $4703523.22   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| DLF Ltd.                                                 | DLF Ltd.                                                              | CUSIP: N/A<br>LEI: 335800PJLUEOB8914F48       | Long             | EC               | CORP              | IN        |     77898 | NS      | $692798.87    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Korean Air Lines Co. Ltd.                                | Korean Air Lines Co. Ltd.                                             | CUSIP: N/A<br>LEI: 988400C2UFBF4B660C58       | Long             | EC               | CORP              | KR        |    181799 | NS      | $3077925.98   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Kotak Mahindra Bank Ltd.                                 | Kotak Mahindra Bank Ltd.                                              | CUSIP: N/A<br>LEI: 335800E6GTTXKHXE2I75       | Long             | EC               | CORP              | IN        |    410783 | NS      | $9255083.15   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| MediaTek, Inc.                                           | MediaTek, Inc.                                                        | CUSIP: N/A<br>LEI: 254900UEGBK1I4DM4E14       | Long             | EC               | CORP              | TW        |    239667 | NS      | $10853217.93  | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| PICC Property & Casualty Co. Ltd.                        | PICC Property & Casualty Co. Ltd., Class H                            | CUSIP: N/A<br>LEI: 300300F1000311000017       | Long             | EC               | CORP              | CN        |   2590000 | NS      | $5375761.06   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Fubon Financial Holding Co. Ltd.                         | Fubon Financial Holding Co. Ltd.                                      | CUSIP: N/A<br>LEI: 549300G7Y2TS2XNIB476       | Long             | EC               | CORP              | TW        |   1069858 | NS      | $2936406.80   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| PDD Holdings, Inc.                                       | PDD Holdings, Inc.                                                    | CUSIP: 722304102<br>LEI: 5493000573DS7005T657 | Long             | EC               | CORP              | KY        |    127268 | NS      | $14438554.60  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanlam Ltd.                                              | Sanlam Ltd.                                                           | CUSIP: N/A<br>LEI: 37890014418406D9FC23       | Long             | EC               | CORP              | ZA        |    535143 | NS      | $2574620.60   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ZTO Express Cayman, Inc.                                 | ZTO Express Cayman, Inc.                                              | CUSIP: N/A<br>LEI: 549300SCJPK3YZJTJR78       | Long             | EC               | CORP              | KY        |     85450 | NS      | $1665815.41   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| POSCO Holdings, Inc.                                     | POSCO Holdings, Inc.                                                  | CUSIP: N/A<br>LEI: 988400E5HRVX81AYLM04       | Long             | EC               | CORP              | KR        |      6638 | NS      | $1459758.46   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Adnoc Gas plc                                            | Adnoc Gas plc                                                         | CUSIP: N/A<br>LEI: 254900O5NS03BDOOM362       | Long             | EC               | CORP              | AE        |   1969622 | NS      | $1784373.20   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Mega Financial Holding Co. Ltd.                          | Mega Financial Holding Co. Ltd.                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |   1427377 | NS      | $2030437.91   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| OTP Bank Nyrt.                                           | OTP Bank Nyrt.                                                        | CUSIP: N/A<br>LEI: 529900W3MOO00A18X956       | Long             | EC               | CORP              | HU        |     98944 | NS      | $8028904.40   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| Apollo Hospitals Enterprise Ltd.                         | Apollo Hospitals Enterprise Ltd.                                      | CUSIP: N/A<br>LEI: 3358005YT7JQCWYLTG43       | Long             | EC               | CORP              | IN        |     26812 | NS      | $2285879.09   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| GMK Norilskiy Nickel PAO                                 | GMK Norilskiy Nickel PAO                                              | CUSIP: 55315J102<br>LEI: 253400JPTEEW143W3E47 | Long             | EC               | CORP              | RU        |         7 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Petronet LNG Ltd.                                        | Petronet LNG Ltd.                                                     | CUSIP: N/A<br>LEI: 335800KIIKNA7GRD9351       | Long             | EC               | CORP              | IN        |   1011866 | NS      | $3317353.51   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Ping An Insurance Group Co. of China Ltd.                | Ping An Insurance Group Co. of China Ltd., Class H                    | CUSIP: N/A<br>LEI: 529900M9MC28JLN35U89       | Long             | EC               | CORP              | CN        |   1837500 | NS      | $12615106.89  | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Tube Investments of India Ltd.                           | Tube Investments of India Ltd.                                        | CUSIP: N/A<br>LEI: 335800Z8CKZ11SGVKE64       | Long             | EC               | CORP              | IN        |     20823 | NS      | $672253.47    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Bharat Petroleum Corp. Ltd.                              | Bharat Petroleum Corp. Ltd.                                           | CUSIP: N/A<br>LEI: 8GRDBX1TJ0PU5NCSHT72       | Long             | EC               | CORP              | IN        |    275641 | NS      | $1030052.83   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of Jiangsu Co. Ltd.                                 | Bank of Jiangsu Co. Ltd., Class A                                     | CUSIP: N/A<br>LEI: 300300C1086832000046       | Long             | EC               | CORP              | CN        |   1392421 | NS      | $2180642.84   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Foxconn Industrial Internet Co. Ltd.                     | Foxconn Industrial Internet Co. Ltd., Class A                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |    265500 | NS      | $1265005.20   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Biocon Ltd.                                              | Biocon Ltd.                                                           | CUSIP: N/A<br>LEI: 335800NK3L7QCHLOC198       | Long             | EC               | CORP              | IN        |    188464 | NS      | $837855.40    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Fire & Marine Insurance Co. Ltd.                 | Samsung Fire & Marine Insurance Co. Ltd.                              | CUSIP: N/A<br>LEI: 988400JMBDK47EW0Z936       | Long             | EC               | CORP              | KR        |     13610 | NS      | $4296535.77   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Ayala Land, Inc.                                         | Ayala Land, Inc.                                                      | CUSIP: N/A<br>LEI: 254900EWT10TQ6DKTV34       | Long             | EC               | CORP              | PH        |   1308900 | NS      | $559234.75    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Nan Ya Plastics Corp.                                    | Nan Ya Plastics Corp.                                                 | CUSIP: N/A<br>LEI: 254900L66RP14M9UOM28       | Long             | EC               | CORP              | TW        |    510000 | NS      | $695587.81    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Trip.com Group Ltd.                                      | Trip.com Group Ltd.                                                   | CUSIP: N/A<br>LEI: 2549004RMYDSRQL4KW41       | Long             | EC               | CORP              | KY        |    118066 | NS      | $7329827.61   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| China Airlines Ltd.                                      | China Airlines Ltd.                                                   | CUSIP: N/A<br>LEI: 25490032B2A0G6D0JP27       | Long             | EC               | CORP              | TW        |   2315235 | NS      | $1586487.38   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Clicks Group Ltd.                                        | Clicks Group Ltd.                                                     | CUSIP: N/A<br>LEI: 378900E967958A677472       | Long             | EC               | CORP              | ZA        |    194723 | NS      | $4082435.24   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Tong Yang Industry Co. Ltd.                              | Tong Yang Industry Co. Ltd.                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    186027 | NS      | $649725.34    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Angel Yeast Co. Ltd.                                     | Angel Yeast Co. Ltd., Class A                                         | CUSIP: N/A<br>LEI: 3003002K1DZ78FXZXI48       | Long             | EC               | CORP              | CN        |    294100 | NS      | $1398718.55   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| ANTA Sports Products Ltd.                                | ANTA Sports Products Ltd.                                             | CUSIP: N/A<br>LEI: 529900291XG0CTK4LF95       | Long             | EC               | CORP              | KY        |    236800 | NS      | $2718011.12   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Contemporary Amperex Technology Co. Ltd.                 | Contemporary Amperex Technology Co. Ltd., Class A                     | CUSIP: N/A<br>LEI: 300300KINDY1K0E9I032       | Long             | EC               | CORP              | CN        |    168638 | NS      | $6158729.13   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Accton Technology Corp.                                  | Accton Technology Corp.                                               | CUSIP: N/A<br>LEI: 529900M1YRZ0GWMDF920       | Long             | EC               | CORP              | TW        |    145747 | NS      | $4304522.78   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Cipla Ltd.                                               | Cipla Ltd.                                                            | CUSIP: N/A<br>LEI: 335800KMJJYEDDK82Q34       | Long             | EC               | CORP              | IN        |     92456 | NS      | $1632792.69   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| KIWOOM Securities Co. Ltd.                               | KIWOOM Securities Co. Ltd.                                            | CUSIP: N/A<br>LEI: 988400O27CNGJA2QWJ18       | Long             | EC               | CORP              | KR        |     10722 | NS      | $1653378.31   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Reliance Industries Ltd.                                 | Reliance Industries Ltd.                                              | CUSIP: N/A<br>LEI: 5493003UOETFYRONLG31       | Long             | EC               | CORP              | IN        |   1462512 | NS      | $23096717.00  | 1.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Bidvest Group Ltd.                                       | Bidvest Group Ltd.                                                    | CUSIP: N/A<br>LEI: 5299002ARE4TRMIRGM72       | Long             | EC               | CORP              | ZA        |    289127 | NS      | $3761194.84   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Dr Reddy's Laboratories Ltd.                             | Dr Reddy's Laboratories Ltd.                                          | CUSIP: N/A<br>LEI: 335800OVDPY3DVZR2798       | Long             | EC               | CORP              | IN        |    439755 | NS      | $6344655.34   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Haitian International Holdings Ltd.                      | Haitian International Holdings Ltd.                                   | CUSIP: N/A<br>LEI: 30030093DDRS825TVP62       | Long             | EC               | CORP              | KY        |    284000 | NS      | $769854.14    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Itausa SA                                                | Itausa SA (Preference)                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |   2271778 | NS      | $4186898.76   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Yum China Holdings, Inc.                                 | Yum China Holdings, Inc.                                              | CUSIP: 98850P109<br>LEI: 529900DO9BYZ7VA3K502 | Long             | EC               | CORP              | US        |    130100 | NS      | $6040546.05   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| GAIL India Ltd.                                          | GAIL India Ltd.                                                       | CUSIP: N/A<br>LEI: 335800N82LJD42ZA5L32       | Long             | EC               | CORP              | IN        |   1098724 | NS      | $2213282.87   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Maruti Suzuki India Ltd.                                 | Maruti Suzuki India Ltd.                                              | CUSIP: N/A<br>LEI: 335800D27PBEESKKD357       | Long             | EC               | CORP              | IN        |     49783 | NS      | $7140822.43   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Anker Innovations Technology Co. Ltd.                    | Anker Innovations Technology Co. Ltd., Class A                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |    190998 | NS      | $3271062.84   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Emirates Telecommunications Group Co. PJSC               | Emirates Telecommunications Group Co. PJSC                            | CUSIP: N/A<br>LEI: 529900XDPQPWEQ9BGB80       | Long             | EC               | CORP              | AE        |    667244 | NS      | $3440628.73   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Saudi Telecom Co.                                        | Saudi Telecom Co.                                                     | CUSIP: N/A<br>LEI: 21380028ATJ79OTA9W17       | Long             | EC               | CORP              | SA        |    623135 | NS      | $6975181.01   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Powszechna Kasa Oszczednosci Bank Polski SA              | Powszechna Kasa Oszczednosci Bank Polski SA                           | CUSIP: N/A<br>LEI: P4GTT6GF1W40CVIMFR43       | Long             | EC               | CORP              | PL        |    157678 | NS      | $3452596.82   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Jiangsu Hengrui Pharmaceuticals Co. Ltd.                 | Jiangsu Hengrui Pharmaceuticals Co. Ltd., Class A                     | CUSIP: N/A<br>LEI: 2549003BT1XS3SE3E448       | Long             | EC               | CORP              | CN        |    658755 | NS      | $5743346.63   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Sberbank of Russia PJSC                                  | Sberbank of Russia PJSC                                               | CUSIP: N/A<br>LEI: 549300WE6TAF5EEWQS81       | Long             | EC               | CORP              | RU        |   3172004 | NS      | $0.04         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Rosneft Oil Co. PJSC                                     | Rosneft Oil Co. PJSC                                                  | CUSIP: N/A<br>LEI: 253400JT3MQWNDKMJE44       | Long             | EC               | CORP              | RU        |    833482 | NS      | $0.01         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Hyundai Mobis Co. Ltd.                                   | Hyundai Mobis Co. Ltd.                                                | CUSIP: N/A<br>LEI: 988400HJA9E0ZVDHRS65       | Long             | EC               | CORP              | KR        |     27602 | NS      | $5824568.64   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| E.Sun Financial Holding Co. Ltd.                         | E.Sun Financial Holding Co. Ltd.                                      | CUSIP: N/A<br>LEI: 549300X6CNQE512OPC90       | Long             | EC               | CORP              | TW        |   5935792 | NS      | $6348295.39   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Gazprom PJSC                                             | Gazprom PJSC                                                          | CUSIP: N/A<br>LEI: 213800FD9J2IHTA7YX78       | Long             | EC               | CORP              | RU        |   4581130 | NS      | $0.06         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Southern Copper Corp.                                    | Southern Copper Corp.                                                 | CUSIP: 84265V105<br>LEI: 2549007U6NAP46Q9TU15 | Long             | EC               | CORP              | US        |      4442 | NS      | $418258.72    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Centrais Eletricas Brasileiras SA                        | Centrais Eletricas Brasileiras SA                                     | CUSIP: N/A<br>LEI: 254900I8KYDELP4B4Z08       | Long             | EC               | CORP              | BR        |    211643 | NS      | $1423035.59   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Petroleo Brasileiro SA                                   | Petroleo Brasileiro SA (Preference)                                   | CUSIP: N/A<br>LEI: 5493000J801JZRCMFE49       | Long             | EC               | CORP              | BR        |   2501435 | NS      | $14540759.39  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Tata Consultancy Services Ltd.                           | Tata Consultancy Services Ltd.                                        | CUSIP: N/A<br>LEI: 335800ZJKU9GPQRE2U66       | Long             | EC               | CORP              | IN        |    271330 | NS      | $9357208.04   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Cia de Saneamento Basico do Estado de Sao Paulo SABESP   | Cia de Saneamento Basico do Estado de Sao Paulo SABESP                | CUSIP: N/A<br>LEI: 254900UOXRZRS2TNWP19       | Long             | EC               | CORP              | BR        |     88412 | NS      | $1705857.16   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| HD Hyundai Electric Co. Ltd.                             | HD Hyundai Electric Co. Ltd.                                          | CUSIP: N/A<br>LEI: 988400CSDKM9UHLHGB91       | Long             | EC               | CORP              | KR        |     12098 | NS      | $4305219.59   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Asia Vital Components Co. Ltd.                           | Asia Vital Components Co. Ltd.                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |     87950 | NS      | $2673175.79   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Aldar Properties PJSC                                    | Aldar Properties PJSC                                                 | CUSIP: N/A<br>LEI: 98450048CD8AEF13B480       | Long             | EC               | CORP              | AE        |   1034918 | NS      | $2674369.97   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Central Pattana PCL                                      | Central Pattana PCL                                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TH        |   2236700 | NS      | $3559008.57   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| HD Korea Shipbuilding & Offshore Engineering Co. Ltd.    | HD Korea Shipbuilding & Offshore Engineering Co. Ltd.                 | CUSIP: N/A<br>LEI: 988400DPTJ9KH5R6W540       | Long             | EC               | CORP              | KR        |     25904 | NS      | $6656866.44   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Eternal Ltd.                                             | Eternal Ltd.                                                          | CUSIP: N/A<br>LEI: 335800T4VOF9ETHF8W59       | Long             | EC               | CORP              | IN        |    603713 | NS      | $2107026.49   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Silergy Corp.                                            | Silergy Corp.                                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |    291199 | NS      | $3132307.06   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| UltraTech Cement Ltd.                                    | UltraTech Cement Ltd.                                                 | CUSIP: N/A<br>LEI: 335800PC9O9B4BQHG814       | Long             | EC               | CORP              | IN        |     54863 | NS      | $7638790.71   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Metropolis Healthcare Ltd.                               | Metropolis Healthcare Ltd.                                            | CUSIP: N/A<br>LEI: 335800SD5OOGR1D97215       | Long             | EC               | CORP              | IN        |     32690 | NS      | $740228.23    | 0.03%             |  |  |  | Yes           |                  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        |   8813713 | NS      | $8813712.60   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Bharat Electronics Ltd.                                  | Bharat Electronics Ltd.                                               | CUSIP: N/A<br>LEI: 335800HS8AOTM9W1F335       | Long             | EC               | CORP              | IN        |   1744988 | NS      | $7580748.49   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Hindustan Unilever Ltd.                                  | Hindustan Unilever Ltd.                                               | CUSIP: N/A<br>LEI: 5493007IW5N37IKRPM32       | Long             | EC               | CORP              | IN        |     97765 | NS      | $2807771.46   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Cia Energetica de Minas Gerais                           | Cia Energetica de Minas Gerais (Preference)                           | CUSIP: N/A<br>LEI: 254900W703PXLDSEM056       | Long             | EC               | CORP              | BR        |   1369875 | NS      | $2505115.59   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ENN Energy Holdings Ltd.                                 | ENN Energy Holdings Ltd.                                              | CUSIP: N/A<br>LEI: 549300V7BXPWT6WIPR03       | Long             | EC               | CORP              | KY        |    782200 | NS      | $6374947.41   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Dongfang Electric Corp. Ltd.                             | Dongfang Electric Corp. Ltd., Class A                                 | CUSIP: N/A<br>LEI: 529900ISAW6T566F0R12       | Long             | EC               | CORP              | CN        |    784201 | NS      | $2191361.32   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Dixon Technologies India Ltd.                            | Dixon Technologies India Ltd.                                         | CUSIP: N/A<br>LEI: 335800D7XO7AVXXJ8575       | Long             | EC               | CORP              | IN        |      4329 | NS      | $827116.83    | 0.04%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Turkiye Petrol Rafinerileri A/S                          | Turkiye Petrol Rafinerileri A/S                                       | CUSIP: N/A<br>LEI: 789000RCNG97UV50EE03       | Long             | EC               | CORP              | TR        |    596497 | NS      | $2478227.70   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| China Construction Bank Corp.                            | China Construction Bank Corp., Class H                                | CUSIP: N/A<br>LEI: 5493001KQW6DM7KEDR62       | Long             | EC               | CORP              | CN        |  24123490 | NS      | $24673591.65  | 1.10%             |  |  |  | No            |                  2 | On Loan: No      |
| United Tractors Tbk. PT                                  | United Tractors Tbk. PT                                               | CUSIP: N/A<br>LEI: 529900N9ELYOWQV4FW14       | Long             | EC               | CORP              | ID        |   1792000 | NS      | $2625851.60   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Tingyi Cayman Islands Holding Corp.                      | Tingyi Cayman Islands Holding Corp.                                   | CUSIP: N/A<br>LEI: 5299009MPI9B60VN4P25       | Long             | EC               | CORP              | KY        |   1526699 | NS      | $2256864.40   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Oil & Natural Gas Corp. Ltd.                             | Oil & Natural Gas Corp. Ltd.                                          | CUSIP: N/A<br>LEI: 335800FPDZ9MRSNO7N41       | Long             | EC               | CORP              | IN        |    960661 | NS      | $2631961.92   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Localiza Rent a Car SA                                   | Localiza Rent a Car SA                                                | CUSIP: N/A<br>LEI: 984500C442A7E0CD4D11       | Long             | EC               | CORP              | BR        |    229778 | NS      | $1415710.37   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Cemex SAB de CV                                          | Cemex SAB de CV                                                       | CUSIP: N/A<br>LEI: 549300RIG2CXWN6IV731       | Long             | EC               | CORP              | MX        |   6461216 | NS      | $5637509.43   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Hindustan Petroleum Corp. Ltd.                           | Hindustan Petroleum Corp. Ltd.                                        | CUSIP: N/A<br>LEI: 335800DWLXIP7HFFY564       | Long             | EC               | CORP              | IN        |    256679 | NS      | $1218671.35   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Shanghai Putailai New Energy Technology Co. Ltd.         | Shanghai Putailai New Energy Technology Co. Ltd., Class A             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |   1037515 | NS      | $2515445.32   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| MOL Hungarian Oil & Gas plc                              | MOL Hungarian Oil & Gas plc                                           | CUSIP: N/A<br>LEI: 213800R83KX5FQFGXS67       | Long             | EC               | CORP              | HU        |    291072 | NS      | $2528986.05   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Hyundai Motor Co.                                        | Hyundai Motor Co.                                                     | CUSIP: N/A<br>LEI: 9884004RQX8PRBXQ8S60       | Long             | EC               | CORP              | KR        |     42506 | NS      | $6466327.98   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Eclat Textile Co. Ltd.                                   | Eclat Textile Co. Ltd.                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |    151000 | NS      | $2019827.03   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Delta Electronics, Inc.                                  | Delta Electronics, Inc.                                               | CUSIP: N/A<br>LEI: 529900UVZWNWGDLJSM52       | Long             | EC               | CORP              | TW        |    504493 | NS      | $9503694.54   | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| SK Hynix, Inc.                                           | SK Hynix, Inc.                                                        | CUSIP: N/A<br>LEI: 988400XAIK6XISWQV045       | Long             | EC               | CORP              | KR        |    140977 | NS      | $27323593.76  | 1.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Xiaomi Corp.                                             | Xiaomi Corp., Class B                                                 | CUSIP: N/A<br>LEI: 2549001ACVFAZRNMKL32       | Long             | EC               | CORP              | KY        |   3533870 | NS      | $23775706.98  | 1.06%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Dino Polska SA                                           | Dino Polska SA                                                        | CUSIP: N/A<br>LEI: 259400H4L81SMPRTW956       | Long             | EC               | CORP              | PL        |    343330 | NS      | $4527885.41   | 0.20%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Petronas Chemicals Group Bhd.                            | Petronas Chemicals Group Bhd.                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MY        |   1609000 | NS      | $1456130.28   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| PB Fintech Ltd.                                          | PB Fintech Ltd.                                                       | CUSIP: N/A<br>LEI: 98450083AC6B01HF1F87       | Long             | EC               | CORP              | IN        |    183908 | NS      | $3773977.09   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| Gold Fields Ltd.                                         | Gold Fields Ltd.                                                      | CUSIP: N/A<br>LEI: 5299003KXIBJQYCBBD72       | Long             | EC               | CORP              | ZA        |    256768 | NS      | $6261783.28   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Crompton Greaves Consumer Electricals Ltd.               | Crompton Greaves Consumer Electricals Ltd.                            | CUSIP: N/A<br>LEI: 335800DIIEEWMH3UDH51       | Long             | EC               | CORP              | IN        |    436892 | NS      | $1603510.97   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Wiwynn Corp.                                             | Wiwynn Corp.                                                          | CUSIP: N/A<br>LEI: 254900FV2R15PMKXFL69       | Long             | EC               | CORP              | TW        |     81466 | NS      | $7435124.33   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| America Movil SAB de CV                                  | America Movil SAB de CV, Series B                                     | CUSIP: N/A<br>LEI: 5493000FNR3UCEAONM59       | Long             | EC               | CORP              | MX        |   5370987 | NS      | $4857091.87   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Techtronic Industries Co. Ltd.                           | Techtronic Industries Co. Ltd.                                        | CUSIP: N/A<br>LEI: 549300HZW2SBE758OK89       | Long             | EC               | CORP              | HK        |    131500 | NS      | $1572431.40   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Tenaga Nasional Bhd.                                     | Tenaga Nasional Bhd.                                                  | CUSIP: N/A<br>LEI: 549300FV8X6UID6I1413       | Long             | EC               | CORP              | MY        |    478100 | NS      | $1456267.71   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Saudi Arabian Oil Co.                                    | Saudi Arabian Oil Co.                                                 | CUSIP: N/A<br>LEI: 5586006WD91QHB7J4X50       | Long             | EC               | CORP              | SA        |    917602 | NS      | $5937484.90   | 0.27%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Samsung Life Insurance Co. Ltd.                          | Samsung Life Insurance Co. Ltd.                                       | CUSIP: N/A<br>LEI: 988400VYE6E0WYSM4S92       | Long             | EC               | CORP              | KR        |     23803 | NS      | $2148566.30   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Telkom Indonesia Persero Tbk. PT                         | Telkom Indonesia Persero Tbk. PT                                      | CUSIP: N/A<br>LEI: 529900M5SQZAOKV1PC81       | Long             | EC               | CORP              | ID        |  30013400 | NS      | $5270201.14   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Emirates NBD Bank PJSC                                   | Emirates NBD Bank PJSC                                                | CUSIP: N/A<br>LEI: 54930029BCN8HF3B1286       | Long             | EC               | CORP              | AE        |    349531 | NS      | $2545555.94   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Bid Corp. Ltd.                                           | Bid Corp. Ltd.                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | ZA        |     98022 | NS      | $2464507.02   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre, Inc.                                       | MercadoLibre, Inc.                                                    | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |       639 | NS      | $1516915.71   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Shriram Finance Ltd.                                     | Shriram Finance Ltd.                                                  | CUSIP: N/A<br>LEI: 335800TM2YO24B76XL26       | Long             | EC               | CORP              | IN        |    382666 | NS      | $2740689.59   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Anglogold Ashanti plc                                    | Anglogold Ashanti plc                                                 | CUSIP: N/A<br>LEI: 2138005YDSA7A82RNU96       | Long             | EC               | CORP              | GB        |     70757 | NS      | $3217366.36   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Cathay Financial Holding Co. Ltd.                        | Cathay Financial Holding Co. Ltd.                                     | CUSIP: N/A<br>LEI: 5299009XR1QLFAMQ3X77       | Long             | EC               | CORP              | TW        |    774000 | NS      | $1568772.22   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco BTG Pactual SA                                     | Banco BTG Pactual SA                                                  | CUSIP: N/A<br>LEI: ZXLTQRYIK6IJH3R0IK66       | Long             | EC               | CORP              | BR        |    704881 | NS      | $4928269.44   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Hongfa Technology Co. Ltd.                               | Hongfa Technology Co. Ltd., Class A                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | CN        |    707123 | NS      | $2401052.62   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Havells India Ltd.                                       | Havells India Ltd.                                                    | CUSIP: N/A<br>LEI: 549300U1LOGHTTNT7D47       | Long             | EC               | CORP              | IN        |    294972 | NS      | $5038043.22   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Asustek Computer, Inc.                                   | Asustek Computer, Inc.                                                | CUSIP: N/A<br>LEI: 254900B3WB4OGRB7HM13       | Long             | EC               | CORP              | TW        |    179743 | NS      | $3945615.06   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Naspers Ltd.                                             | Naspers Ltd., Class N                                                 | CUSIP: N/A<br>LEI: 21380044BQ8812EEKT59       | Long             | EC               | CORP              | ZA        |     20867 | NS      | $6441269.98   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| BYD Co. Ltd.                                             | BYD Co. Ltd., Class H                                                 | CUSIP: N/A<br>LEI: 5299005557VL7ULJ7A69       | Long             | EC               | CORP              | CN        |    846500 | NS      | $12359626.16  | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Saudi Aramco Base Oil Co.                                | Saudi Aramco Base Oil Co.                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SA        |     70759 | NS      | $1963475.15   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Eurobank Ergasias Services and Holdings SA               | Eurobank Ergasias Services and Holdings SA                            | CUSIP: N/A<br>LEI: JEUVK5RWVJEN8W0C9M24       | Long             | EC               | CORP              | GR        |    899010 | NS      | $3299695.46   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| ICICI Bank Ltd.                                          | ICICI Bank Ltd.                                                       | CUSIP: N/A<br>LEI: R7RX8ER1V4666J8D1I38       | Long             | EC               | CORP              | IN        |   1273803 | NS      | $21449962.34  | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Tech Mahindra Ltd.                                       | Tech Mahindra Ltd.                                                    | CUSIP: N/A<br>LEI: 3358005FZUZ1I25XQH69       | Long             | EC               | CORP              | IN        |     42316 | NS      | $702024.90    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Impala Platinum Holdings Ltd.                            | Impala Platinum Holdings Ltd.                                         | CUSIP: N/A<br>LEI: 254900BZFIFB4PD2Z778       | Long             | EC               | CORP              | ZA        |    261801 | NS      | $2474391.45   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Coway Co. Ltd.                                           | Coway Co. Ltd.                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     45287 | NS      | $3532192.27   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Krung Thai Bank PCL                                      | Krung Thai Bank PCL                                                   | CUSIP: N/A<br>LEI: 54930007ZQMYCRFQGE36       | Long             | EC               | CORP              | TH        |   3674900 | NS      | $2417697.37   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| GMK Norilskiy Nickel PAO                                 | GMK Norilskiy Nickel PAO                                              | CUSIP: N/A<br>LEI: 253400JPTEEW143W3E47       | Long             | EC               | CORP              | RU        |   4096600 | NS      | $0.05         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| S-Oil Corp.                                              | S-Oil Corp.                                                           | CUSIP: N/A<br>LEI: 988400QTUXYDN8W3MZ32       | Long             | EC               | CORP              | KR        |     58477 | NS      | $2637725.12   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| NAURA Technology Group Co. Ltd.                          | NAURA Technology Group Co. Ltd., Class A                              | CUSIP: N/A<br>LEI: 300300JI5I0B95GO5C39       | Long             | EC               | CORP              | CN        |     25745 | NS      | $1192741.93   | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Ford Otomotiv Sanayi A/S                                 | Ford Otomotiv Sanayi A/S                                              | CUSIP: N/A<br>LEI: 7890006XJG6ZE2H34671       | Long             | EC               | CORP              | TR        |    413342 | NS      | $967504.76    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Sun Pharmaceutical Industries Ltd.                       | Sun Pharmaceutical Industries Ltd.                                    | CUSIP: N/A<br>LEI: 335800KJ7GE29LB4SS73       | Long             | EC               | CORP              | IN        |     38752 | NS      | $752565.43    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Tata Steel Ltd.                                          | Tata Steel Ltd.                                                       | CUSIP: N/A<br>LEI: 335800E6C75YGSGD5T66       | Long             | EC               | CORP              | IN        |   2713451 | NS      | $4872897.98   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| Axis Bank Ltd.                                           | Axis Bank Ltd.                                                        | CUSIP: N/A<br>LEI: 549300HVNWMJPOFVNI41       | Long             | EC               | CORP              | IN        |    740429 | NS      | $8991826.97   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Doosan Bobcat, Inc.                                      | Doosan Bobcat, Inc.                                                   | CUSIP: N/A<br>LEI: 9884007K6X0Q0112FX44       | Long             | EC               | CORP              | KR        |     79675 | NS      | $3158565.45   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| China Galaxy Securities Co. Ltd.                         | China Galaxy Securities Co. Ltd., Class H                             | CUSIP: N/A<br>LEI: 3003008KFQXO06OK8582       | Long             | EC               | CORP              | CN        |   1771000 | NS      | $2393348.58   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Uni-President Enterprises Corp.                          | Uni-President Enterprises Corp.                                       | CUSIP: N/A<br>LEI: 254900DAXBDMVEXU5959       | Long             | EC               | CORP              | TW        |   2108000 | NS      | $5563566.86   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Telefonica Brasil SA                                     | Telefonica Brasil SA                                                  | CUSIP: N/A<br>LEI: 529900MTGG2HSDBIWG79       | Long             | EC               | CORP              | BR        |    412376 | NS      | $2320537.86   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| China Resources Mixc Lifestyle Services Ltd.             | China Resources Mixc Lifestyle Services Ltd.                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KY        |    777200 | NS      | $3609212.07   | 0.16%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Credicorp Ltd.                                           | Credicorp Ltd.                                                        | CUSIP: N/A<br>LEI: 529900UYAEYQCQ2BKB17       | Long             | EC               | CORP              | BM        |     34028 | NS      | $8064636.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Guangdong Haid Group Co. Ltd.                            | Guangdong Haid Group Co. Ltd., Class A                                | CUSIP: N/A<br>LEI: 300300Y7LIHH4R4TWD50       | Long             | EC               | CORP              | CN        |    112900 | NS      | $883388.88    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| BDO Unibank, Inc.                                        | BDO Unibank, Inc.                                                     | CUSIP: N/A<br>LEI: 3FGIIBS1PEI1FYQBGN97       | Long             | EC               | CORP              | PH        |   1164485 | NS      | $2842654.78   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Severstal PAO                                            | Severstal PAO                                                         | CUSIP: 818150302<br>LEI: 213800OKDPTV6K4ONO53 | Long             | EC               | CORP              | RU        |    329294 | NS      | $0.33         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Geely Automobile Holdings Ltd.                           | Geely Automobile Holdings Ltd.                                        | CUSIP: N/A<br>LEI: 549300YS3T1KVQ2SNI84       | Long             | EC               | CORP              | KY        |   3107455 | NS      | $6970077.91   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Mouwasat Medical Services Co.                            | Mouwasat Medical Services Co.                                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | SA        |     23190 | NS      | $468872.94    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| H World Group Ltd.                                       | H World Group Ltd.                                                    | CUSIP: N/A<br>LEI: 549300Y5ML31FVN83730       | Long             | EC               | CORP              | KY        |   1013830 | NS      | $3164367.59   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| ICICI Lombard General Insurance Co. Ltd.                 | ICICI Lombard General Insurance Co. Ltd.                              | CUSIP: N/A<br>LEI: 335800ZZITZ7ZZZ2ZX87       | Long             | EC               | CORP              | IN        |     59695 | NS      | $1310032.92   | 0.06%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Bharti Airtel Ltd.                                       | Bharti Airtel Ltd.                                                    | CUSIP: N/A<br>LEI: 335800KQ1FPKOQ84OR26       | Long             | EC               | CORP              | IN        |    549132 | NS      | $11954137.50  | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Magnitogorsk Iron & Steel Works PJSC                     | Magnitogorsk Iron & Steel Works PJSC                                  | CUSIP: N/A<br>LEI: 253400XSJ4C01YMCXG44       | Long             | EC               | CORP              | RU        |   3145890 | NS      | $3.15         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Harmony Gold Mining Co. Ltd.                             | Harmony Gold Mining Co. Ltd.                                          | CUSIP: N/A<br>LEI: 378900986D05F0C29811       | Long             | EC               | CORP              | ZA        |    166779 | NS      | $2233074.89   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Zijin Mining Group Co. Ltd.                              | Zijin Mining Group Co. Ltd., Class H                                  | CUSIP: N/A<br>LEI: 836800JRNL2393Z2I561       | Long             | EC               | CORP              | CN        |   3096000 | NS      | $8209538.27   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| B3 SA - Brasil Bolsa Balcao                              | B3 SA - Brasil Bolsa Balcao                                           | CUSIP: N/A<br>LEI: 4GTK5S46E6H318LMDS44       | Long             | EC               | CORP              | BR        |   2151465 | NS      | $4825816.43   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| KE Holdings, Inc.                                        | KE Holdings, Inc., Class A                                            | CUSIP: N/A<br>LEI: 254900RHVY072XPAZE03       | Long             | EC               | CORP              | KY        |    651066 | NS      | $3981936.72   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Hindalco Industries Ltd.                                 | Hindalco Industries Ltd.                                              | CUSIP: N/A<br>LEI: 335800KXLE5NO5B4GF90       | Long             | EC               | CORP              | IN        |    933776 | NS      | $7228940.98   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Gerdau SA                                                | Gerdau SA (Preference)                                                | CUSIP: N/A<br>LEI: 254900YDV6SEQQPZVG24       | Long             | EC               | CORP              | BR        |   1165726 | NS      | $3499540.87   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Hana Financial Group, Inc.                               | Hana Financial Group, Inc.                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    125601 | NS      | $7679132.44   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Indus Towers Ltd.                                        | Indus Towers Ltd.                                                     | CUSIP: N/A<br>LEI: 335800L6DI4VHODGDK41       | Long             | EC               | CORP              | IN        |    386354 | NS      | $1593347.40   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Richter Gedeon Nyrt.                                     | Richter Gedeon Nyrt.                                                  | CUSIP: N/A<br>LEI: 549300J6ZJW5IH4WEE46       | Long             | EC               | CORP              | HU        |    138954 | NS      | $4170764.65   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Financiero Banorte SAB de CV                       | Grupo Financiero Banorte SAB de CV, Class O                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |   1017759 | NS      | $9064070.48   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Bumrungrad Hospital PCL                                  | Bumrungrad Hospital PCL                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TH        |    256800 | NS      | $1335573.57   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Coca-Cola Femsa SAB de CV                                | Coca-Cola Femsa SAB de CV                                             | CUSIP: N/A<br>LEI: 5493008KEVFYPMGTXO33       | Long             | EC               | CORP              | MX        |    156537 | NS      | $1301086.75   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| HCL Technologies Ltd.                                    | HCL Technologies Ltd.                                                 | CUSIP: N/A<br>LEI: 549300C1F8OLYSOQYB65       | Long             | EC               | CORP              | IN        |    199970 | NS      | $3333522.38   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung C&T Corp.                                        | Samsung C&T Corp.                                                     | CUSIP: N/A<br>LEI: 988400GFRE4IDFPE9E64       | Long             | EC               | CORP              | KR        |     33044 | NS      | $3986589.89   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Tata Motors Ltd.                                         | Tata Motors Ltd.                                                      | CUSIP: N/A<br>LEI: 335800BO2LHWJJ8TZI32       | Long             | EC               | CORP              | IN        |    810131 | NS      | $6123512.89   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| MakeMyTrip Ltd.                                          | MakeMyTrip Ltd.                                                       | CUSIP: N/A<br>LEI: 529900DNT8HNJ7RYUO60       | Long             | EC               | CORP              | MU        |      7228 | NS      | $676468.52    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Embassy Office Parks REIT                                | Embassy Office Parks                                                  | CUSIP: N/A<br>LEI: 335800O555A557E43Z08       | Long             | EC               | CORP              | IN        |    177485 | NS      | $800231.88    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Porto Seguro SA                                          | Porto Seguro SA                                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |    252193 | NS      | $2331621.58   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Hellenic Telecommunications Organization SA              | Hellenic Telecommunications Organization SA                           | CUSIP: N/A<br>LEI: ELPUFM0XZRZO4LFXW404       | Long             | EC               | CORP              | GR        |    164644 | NS      | $2987478.55   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| TIM SA                                                   | TIM SA                                                                | CUSIP: 88706T108<br>LEI: 529900QI0CH1DN5ZCS77 | Long             | EC               | CORP              | BR        |    108181 | NS      | $1988366.78   | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| MTN Group Ltd.                                           | MTN Group Ltd.                                                        | CUSIP: N/A<br>LEI: 2549009JD6Q6XHZS5E05       | Long             | EC               | CORP              | ZA        |    817655 | NS      | $6872412.44   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| CIMB Group Holdings Bhd.                                 | CIMB Group Holdings Bhd.                                              | CUSIP: N/A<br>LEI: 549300FYDN5UD7USZW18       | Long             | EC               | CORP              | MY        |   3537800 | NS      | $5407942.45   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Copa Holdings SA                                         | Copa Holdings SA, Class A                                             | CUSIP: N/A<br>LEI: 529900BB9UQJV6QQHA59       | Long             | EC               | CORP              | PA        |     26320 | NS      | $2912571.20   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Dubai Islamic Bank PJSC                                  | Dubai Islamic Bank PJSC                                               | CUSIP: N/A<br>LEI: 5493003E7YRAQY3JGW88       | Long             | EC               | CORP              | AE        |   2475396 | NS      | $6713427.87   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| China Life Insurance Co. Ltd.                            | China Life Insurance Co. Ltd., Class H                                | CUSIP: N/A<br>LEI: 549300J6TFLDXGH6S048       | Long             | EC               | CORP              | CN        |   1601000 | NS      | $4624666.16   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Metlen Energy & Metals SA                                | Metlen Energy & Metals SA                                             | CUSIP: N/A<br>LEI: 213800KT8MEUJEJ2KW41       | Long             | EC               | CORP              | GR        |     22665 | NS      | $1246833.31   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| BIM Birlesik Magazalar A/S                               | BIM Birlesik Magazalar A/S                                            | CUSIP: N/A<br>LEI: 7890001GCDJQD8DJKE29       | Long             | EC               | CORP              | TR        |    394991 | NS      | $5161818.35   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Solar Industries India Ltd.                              | Solar Industries India Ltd.                                           | CUSIP: N/A<br>LEI: 3358002ANWRT2YJ79L60       | Long             | EC               | CORP              | IN        |     10264 | NS      | $1658756.80   | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| NTPC Ltd.                                                | NTPC Ltd.                                                             | CUSIP: N/A<br>LEI: 335800Q4TRGJXNLVMB81       | Long             | EC               | CORP              | IN        |   2073862 | NS      | $7870971.93   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Yuanta Financial Holding Co. Ltd.                        | Yuanta Financial Holding Co. Ltd.                                     | CUSIP: N/A<br>LEI: 21380045JG57LJEFFE13       | Long             | EC               | CORP              | TW        |   3859576 | NS      | $4003470.77   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Alinma Bank                                              | Alinma Bank                                                           | CUSIP: N/A<br>LEI: 558600HPAUTN6XSVBK93       | Long             | EC               | CORP              | SA        |    642902 | NS      | $4420924.73   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Electronics Co. Ltd.                             | Samsung Electronics Co. Ltd.                                          | CUSIP: N/A<br>LEI: 9884007ER46L6N7EI764       | Long             | EC               | CORP              | KR        |   1237241 | NS      | $63054718.37  | 2.82%             |  |  |  | No            |                  2 | On Loan: No      |
| PTT Exploration & Production PCL                         | PTT Exploration & Production PCL                                      | CUSIP: N/A<br>LEI: 2549001O8YYGP5N7Q076       | Long             | EC               | CORP              | TH        |   1021900 | NS      | $3934038.98   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Mahindra & Mahindra Ltd.                                 | Mahindra & Mahindra Ltd.                                              | CUSIP: N/A<br>LEI: 3358003B573EV4KB4Z02       | Long             | EC               | CORP              | IN        |    272315 | NS      | $9920055.46   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Asia Cement Corp.                                        | Asia Cement Corp.                                                     | CUSIP: N/A<br>LEI: 213800EFQXH43HMGJL59       | Long             | EC               | CORP              | TW        |    570000 | NS      | $770508.35    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Pegatron Corp.                                           | Pegatron Corp.                                                        | CUSIP: N/A<br>LEI: 529900M87JQS8TUO0L66       | Long             | EC               | CORP              | TW        |    265990 | NS      | $708110.68    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-02

**Name of Applicant:** JPMorgan Trust IV

**Signature:** Timothy J. Clemens

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

**Title:** Treasurer and Principal Financial Officer