Causeway Capital Management Trust NPORT-P Causeway Emerging Markets Fund (Jun 2020 report)

SCHEDULE OF INVESTMENTS (000)*

June 30, 2020 (Unaudited)

Causeway Emerging Markets Fund	Number of Shares		Value
COMMON STOCK
Brazil — 4.3%
B2W Cia Digital1		273,300	$	5,448
Banco do Brasil SA1		2,162,294		12,823
JBS SA		6,761,300		26,570
Minerva SA1		1,820,917		4,386
Petrobras Distribuidora SA		718,000		2,836
Petroleo Brasileiro SA, Class A ADR		1,262,900		10,066
Qualicorp Consultoria e Corretora de Seguros SA		1,547,500		8,295
Telefonica Brasil SA ADR		887,504		7,863
Vale SA, Class B ADR1		3,027,759		31,216
YDUQS Participacoes S.A.1		1,437,200		8,981
				118,484
China — 36.5%
Agile Group Holdings Ltd.		3,944,372		4,641
Alibaba Group Holding Ltd. ADR1		893,771		192,786
Anhui Conch Cement Co. Ltd., Class H		5,541,113		37,320
Baidu Inc. ADR1		340,600		40,835
China Communications Construction Co. Ltd., Class H		14,259,356		8,040
China Construction Bank Corp., Class H		109,347,000		88,460
China Lumena New Materials Corp. 1,2,3		264,100		—
China Mobile Ltd.		3,484,500		23,513
China Mobile Ltd. ADR		333,460		11,218
China Petroleum & Chemical Corp., Class H		7,895,192		3,290
China Railway Construction Corp. Ltd., Class H		12,699,500		9,979
CNOOC Ltd.		25,610,000		28,483
Country Garden Holdings Co. Ltd.		11,400,000		14,003
Dongfeng Motor Group Co. Ltd., Class H		12,080,000		7,216
Fosun International Ltd.		11,050,500		14,058
Industrial & Commercial Bank of China, Class H		44,485,000		26,976
JD.com Inc. ADR1		873,400		52,561
KWG Property Holding Ltd.1		7,459,500		12,531
Lenovo Group Ltd.		17,290,000		9,570
Meituan Dianping, Class B1		400,000		8,872
NetEase Inc. ADR		62,700		26,922
New Oriental Education & Technology Group ADR1		219,892		28,637
Pinduoduo Inc. ADR1		134,000		11,502
Ping An Insurance Group Co. of China Ltd., Class H		4,709,838		47,095
Shanghai Pharmaceuticals Holding Co. Ltd., Class H		4,910,736		8,250
Shimao Group Holdings Ltd.		3,333,500		14,107
Sunac China Holdings Ltd.		2,282,000		9,555
Tencent Holdings Ltd.		3,562,489		229,180
Vipshop Holdings Ltd. ADR1		936,543		18,647
Yum China Holdings Inc.		404,379		19,438

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SCHEDULE OF INVESTMENTS (000)* (continued)

June 30, 2020 (Unaudited)

Causeway Emerging Markets Fund	Number of Shares		Value
China — (continued)
Zhejiang Expressway Co. Ltd., Class H		8,865,421	$	6,268
				1,013,953
India — 8.0%
Aurobindo Pharma Ltd.		1,512,169		15,455
Dr Reddy’s Laboratories Ltd.		361,042		18,864
HCL Technologies Ltd.		1,731,163		12,767
Hindalco Industries Ltd.		8,508,541		16,475
Hindustan Unilever Ltd.		1,075,645		31,057
ICICI Bank Ltd. ADR1		2,911,735		27,050
Infosys Ltd. ADR		2,429,800		23,472
Jubilant Foodworks Ltd.		442,025		10,112
REC Ltd.		5,946,767		8,514
Reliance Industries Ltd.		2,075,908		46,853
State Bank of India 1		3,012,412		7,120
Tata Consumer Products Ltd.		1,072,000		5,501
				223,240
Indonesia — 0.5%
Bank Rakyat Indonesia Persero		67,953,840		14,414
Malaysia — 1.1%
Malayan Banking Bhd		8,153,744		14,290
Top Glove Corp. BHD		4,250,100		15,969
				30,259
Mexico — 1.7%
Grupo Financiero Banorte SAB de CV, Class O		5,212,511		18,036
Kimberly-Clark de Mexico SAB de CV, Class A		4,381,907		6,831
Wal-Mart de Mexico SAB de CV		9,062,340		21,674
				46,541
Peru — 0.5%
Credicorp Ltd.		104,725		13,999
Poland — 0.5%
Powszechny Zaklad Ubezpieczen SA		1,704,240		12,462
Russia — 5.6%
Gazprom PJSC ADR		6,093,729		32,882
Lukoil PJSC ADR		531,681		39,482
MMC Norilsk Nickel PJSC ADR		973,016		25,483
Mobile TeleSystems PJSC ADR		2,121,645		19,498
Sberbank of Russia PJSC ADR		2,692,594		30,642
X5 Retail Group NV GDR		227,790		8,064
				156,051

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SCHEDULE OF INVESTMENTS (000)* (continued)

June 30, 2020 (Unaudited)

Causeway Emerging Markets Fund	Number of Shares		Value
Saudi Arabia — 0.8%
Mobile Telecommunications Co. Saudi Arabia1		2,586,661	$	7,820
Saudi Telecom Co.		546,423		14,422
				22,242
South Africa — 1.4%
Absa Group Ltd.		1,933,352		9,504
Exxaro Resources Ltd.		915,741		6,884
Impala Platinum Holdings Ltd.		1,247,816		8,341
Sibanye Stillwater Ltd.1		6,124,880		13,307
				38,036
South Korea — 13.1%
Daelim Industrial Co. Ltd.		149,401		10,222
Hana Financial Group Inc.		1,026,071		23,032
Hanwha Corp.		310,917		5,726
Hyundai Marine & Fire Insurance Co. Ltd.		273,545		5,208
KB Financial Group Inc.		852,193		24,053
Kia Motors Corp.		720,753		19,204
LG Corp.		299,856		17,749
LG Electronics Inc.		90,370		4,748
NAVER Corp.		85,219		18,916
POSCO		137,867		19,943
POSCO ADR		133,895		4,960
Samsung C&T Corp.		59,400		5,728
Samsung Electronics Co. Ltd.		3,516,096		154,342
SK Hynix Inc.		450,472		31,870
SK Telecom Co. Ltd.		103,159		18,096
				363,797
Taiwan — 13.2%
Accton Technology Corp.		2,047,000		15,818
Catcher Technology Co. Ltd.		1,637,468		12,321
FLEXium Interconnect Inc.		2,412,000		9,933
Fubon Financial Holding Co. Ltd.		14,356,000		21,360
HON HAI Precision Industry Co. Ltd.		11,001,298		32,178
King Yuan Electronics Co. Ltd.		7,998,000		9,312
Largan Precision Co. Ltd.		92,000		12,738
Lite-On Technology Corp.		9,871,202		15,490
MediaTek Inc.		1,965,000		38,561
Pegatron Corp.		6,446,000		13,983
Powertech Technology Inc.		4,817,000		17,469
Taiwan Semiconductor Manufacturing Co. Ltd. ADR		2,427,561		137,813
Win Semiconductors Corp.		834,000		8,452
Yuanta Financial Holding Co. Ltd.		33,064,408		19,555
				364,983
Thailand — 1.3%
Charoen Pokphand Foods PCL		17,798,000		18,283

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SCHEDULE OF INVESTMENTS (000)* (continued)

June 30, 2020 (Unaudited)

Causeway Emerging Markets Fund	Number of Shares/ Number of Warrant/Face Amount (000)		Value
Thailand — (continued)
Thanachart Capital		6,244,000	$	7,172
Tisco Financial Group PCL		5,064,600		11,388
				36,843
Turkey — 0.6%
Tekfen Holding AS		2,657,419		6,600
Turkcell Iletisim Hizmetleri AS		4,302,766		10,321
				16,921
Total Common Stock
(Cost $2,373,290) — 89.1%				2,472,225
WARRANTS
MSCI China A Market Access (HSBC), Expires 10/16/20201		47,204		51,801
MSCI China A Market Access (Morgan Stanley), Expires 8/17/20201		41,421		46,322
Total Warrants
(Cost $85,752) — 3.5%				98,123
PREFERENCE STOCK
Brazil — 1.7%
Cia Brasileira de Distribuicao		688,984		9,058
Cia Paranaense de Energia		754,300		8,486
Itausa S.A.		15,956,341		28,344
				45,888
South Korea — 0.2%
LG Chemical Ltd.		29,300		6,090
Total Preference Stock
(Cost $81,212) — 1.9%				51,978
CORPORATE OBLIGATIONS
Citigroup Global Markets Holdings, 0.000% 4	$	40,000		43,320
Total Corporate Obligations
(Cost $40,000) — 1.6%				43,320

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SCHEDULE OF INVESTMENTS (000)* (continued)

June 30, 2020 (Unaudited)

Causeway Emerging Markets Fund	Number of Shares		Value
SHORT-TERM INVESTMENT
Invesco Short-Term Investment Trust: Government & Agency Portfolio, Institutional Class, 0.090% **		70,846,489	$	70,846
Total Short-Term Investment
(Cost $70,846) — 2.5%				70,846
Total Investments — 98.6%
(Cost $2,651,100)				2,736,492
Other Assets in Excess of Liabilities — 1.4%				38,691
Net Assets — 100.0%			$	2,775,183

A list of the open futures contracts held by the Fund at June 30, 2020, is as follows:

Type of Contract	Number of Contracts		Expiration Date	Notional Amount		Value		Unrealized Appreciation
MSCI Emerging Markets		1,538	Sep-2020	$	74,438	$	75,800	$	1,362

* Except for share data.

** The rate reported is the 7-day effective yield as of June 30, 2020.

1 Non-income producing security.

2 Securities considered illiquid. The total market value of such securities as of June 30, 2020 was $– and represented 0.0% of net assets.

3 Level 3 security in accordance with fair value hierarchy. Security fair valued using methods determined in good faith by the Fair Value Committee designated by the Board of Trustees. The total market value of such securities as of June 30, 2020 was $– and represented 0.0% of net assets.

4 Zero coupon security. The rate shown on the Schedule of Investments is the security’s effective yield at the time of purchase.

ADR American Depositary Receipt

GDR Global Depositary Receipt

Amounts designated as “—” are $0.

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SCHEDULE OF INVESTMENTS (000) (concluded)

June 30, 2020 (Unaudited)

The table below sets forth information about the Levels within the fair value hierarchy at which the Fund’s investments and other financial instruments are measured at June 30, 2020:

Investments in Securities	Level 1		Level 2		Level 3†			Total
Common Stock
Brazil	$	118,484	$	—	$	—		$	118,484
China		1,013,953		—		—	^		1,013,953
India		223,240		—		—			223,240
Indonesia		14,414		—		—			14,414
Malaysia		30,259		—		—			30,259
Mexico		46,541		—		—			46,541
Peru		13,999		—		—			13,999
Poland		12,462		—		—			12,462
Russia		156,051		—		—			156,051
Saudi Arabia		22,242		—		—			22,242
South Africa		38,036		—		—			38,036
South Korea		358,069		5,728		—			363,797
Taiwan		364,983		—		—			364,983
Thailand		—		36,843		—			36,843
Turkey		16,921		—		—			16,921
Total Common Stock		2,429,654		42,571		—			2,472,225
Warrants		—		98,123		—			98,123
Preference Stock		51,978		—		—			51,978
Corporate Obligations		—		43,320		—			43,320
Short-Term Investment		70,846		—		—			70,846
Total Investments in Securities	$	2,552,478	$	184,014	$	—		$	2,736,492
Other Financial Instruments	Level 1		Level 2		Level 3			Total
Futures Contracts*
Unrealized Appreciation	$	1,362	$	—	$	—		$	1,362
Total Other Financial Instruments	$	1,362	$	—	$	—		$	1,362

* Futures contracts are valued at the unrealized appreciation on the instruments.

† A reconciliation of Level 3 investments and disclosures of significant unobservable inputs are presented when the Fund has a significant amount of Level 3 investments at the beginning and/or end of the period in relation to net assets. Management has concluded that Level 3 investments are not material in relation to net assets.

For the period ended June 30, 2020, there were no transfers in or out of Level 3.

^ Security is fair valued at zero due to company’s insolvency. Level 3 security in accordance with fair value hierarchy.

For information on the Fund’s policies regarding valuation of investments, fair value hierarchy levels and other significant accounting policies, please refer to the Fund’s most recent semi-annual and annual financial statements.

CCM-QH-002-2700

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