Causeway Capital Management Trust NPORT-P Causeway Emerging Markets Fund (Jun 2021 report)

SCHEDULE OF INVESTMENTS (000)*

June 30, 2021 (Unaudited)

Causeway Emerging Markets Fund	Number of Shares		Value
COMMON STOCK
Argentina — 0.1%
MercadoLibre Inc.1		2,000	$	3,116
Brazil — 4.7%
Banco do Brasil SA		2,779,394		17,949
JBS SA		4,787,800		28,098
Petroleo Brasileiro SA, Class A ADR		1,777,170		20,988
Sendas Distribuidora S.A.		601,384		10,396
SLC Agricola S.A.		817,500		8,384
Vale SA, Class B ADR		2,830,509		64,564
				150,379
China — 30.0%
360 DigiTech Inc. ADR1		115,218		4,821
Agile Group Holdings Ltd.		3,958,372		5,130
Alibaba Group Holding Ltd. ADR1		756,911		171,652
Anhui Conch Cement Co. Ltd., Class H		2,463,613		13,059
Baidu Inc. ADR1		212,723		43,374
BYD Co. Ltd., Class H		774,000		23,232
China Construction Bank Corp., Class H		111,708,000		87,658
China Life Insurance Co. Ltd., Class H		7,738,000		15,341
China Lumena New Materials Corp.1,2,3		264,100		—
China National Building Material Co. Ltd., Class H		9,564,000		11,230
COSCO Shipping Holdings Co. Ltd., Class H1		5,463,000		13,728
Dongfeng Motor Group Co. Ltd., Class H		13,464,000		12,086
Fosun International Ltd.		8,245,000		11,850
Industrial & Commercial Bank of China, Class H		31,274,000		18,327
JD.com Inc. ADR1		565,115		45,102
KWG Property Holding Ltd.		6,202,500		8,295
Lenovo Group Ltd.		9,904,000		11,374
Li Ning Co. Ltd.		1,689,500		20,609
Meituan, Class B1		640,100		26,405
NetEase Inc. ADR		253,940		29,267
New Oriental Education & Technology Group ADR1		886,429		7,260
PICC Property & Casualty Co. Ltd., Class H		5,406,000		4,729
Ping An Insurance Group Co. of China Ltd., Class H		3,545,338		34,657
Shanghai Pharmaceuticals Holding Co. Ltd., Class H		3,820,036		8,343
Sunac China Holdings Ltd.		3,321,000		11,388
Tencent Holdings Ltd.		2,832,189		213,243
Tongwei Co. Ltd., Class A		2,223,976		14,866
Vipshop Holdings Ltd. ADR1		265,515		5,331
Wuxi Biologics Cayman Inc.1		1,690,000		30,944
Xinyi Glass Holdings Ltd.		4,780,000		19,476
Yum China Holdings Inc.		327,287		21,683
Zhejiang Expressway Co. Ltd., Class H		6,887,421		6,126
				950,586

SCHEDULE OF INVESTMENTS (000)* (continued)

June 30, 2021 (Unaudited)

Causeway Emerging Markets Fund	Number of Shares			Value
India — 10.0%
Aurobindo Pharma Ltd.		1,016,684		$	13,217
Cipla Ltd.1		866,056			11,331
Dr Reddy’s Laboratories Ltd.		214,836			15,709
HCL Technologies Ltd.		1,219,567			16,156
HDFC Bank Ltd. ADR		214,813			15,707
Hindalco Industries Ltd.		7,674,522			38,524
Hindustan Petroleum Corp. Ltd.		1,849,237			7,304
Hindustan Unilever Ltd.		378,857			12,611
ICICI Bank Ltd. ADR1		1,973,498			33,747
Infosys Ltd. ADR		2,283,328			48,384
ITC Ltd.		2,641,753			7,215
Jubilant Foodworks Ltd.1		108,761			4,512
REC Ltd.		5,096,146			10,200
Reliance Industries Ltd.		844,030			24,001
State Bank of India		3,696,627			20,899
Tata Consumer Products Ltd.		670,504	��		6,812
Tata Steel Ltd.		972,427			15,300
UltraTech Cement Ltd.		161,212			14,713
UPL Ltd.		140,000			1,496
					317,838
Indonesia — 0.3%
Bank Rakyat Indonesia Persero		33,069,940			8,991
Malaysia — 0.8%
Malayan Banking BHD		9,156,753			17,892
Top Glove Corp. BHD		8,429,800			8,467
					26,359
Mexico — 1.9%
Grupo Financiero Banorte SAB de CV, Class O		3,155,689			20,320
Grupo Mexico SAB de CV, Class B		4,534,721			21,375
Kimberly-Clark de Mexico SAB de CV, Class A		207,219			368
Wal-Mart de Mexico SAB de CV		5,656,876			18,477
					60,540
Poland — 0.6%
KGHM Polska Miedz SA		365,576			17,987
Russia — 3.9%
Gazprom PJSC ADR		5,811,536			44,363
Lukoil PJSC ADR		452,418			41,990
MMC Norilsk Nickel PJSC ADR		187,370			6,393
Sberbank of Russia PJSC ADR		1,936,710			32,182
					124,928
Saudi Arabia — 1.6%
National Commercial Bank		1,539,826			23,648
Saudi Arabian Oil Co.		682,314			6,387

SCHEDULE OF INVESTMENTS (000)* (continued)

June 30, 2021 (Unaudited)

Causeway Emerging Markets Fund	Number of Shares		Value
Saudi Arabia — (continued)
Saudi Kayan Petrochemical Co.1		310,000	$	1,494
Saudi Telecom Co.		516,800		18,144
				49,673
South Africa — 2.2%
Absa Group Ltd.1		1,845,450		17,530
Impala Platinum Holdings Ltd.		1,620,361		26,651
Sibanye Stillwater Ltd.		6,134,983		25,567
				69,748
South Korea — 15.1%
DL E&C Co. Ltd.1		61,410		7,734
Hana Financial Group Inc.		653,782		26,793
Hanwha Corp.		477,158		13,435
Hyosung TNC Corp.		21,107		16,871
Hyundai Marine & Fire Insurance Co. Ltd.		212,800		4,819
Kakao Corp.		133,436		19,327
KB Financial Group Inc.		593,330		29,447
Kia Motors Corp.		529,418		42,191
Kolon Industries Inc.		49,645		3,558
LG Corp.		229,833		20,910
LG Electronics Inc.		122,462		17,731
NAVER Corp.		46,166		17,131
POSCO		104,203		32,204
POSCO ADR		85,688		6,578
Samsung Electro-Mechanics Co. Ltd.		112,442		17,633
Samsung Electronics Co. Ltd.		2,170,709		155,393
SK Hynix Inc.		371,032		41,878
SK Telecom Co. Ltd.		17,997		5,114
				478,747
Taiwan — 17.4%
Asustek Computer Inc.		748,000		9,974
AU Optronics Corp.		20,161,000		16,304
Delta Electronics Inc.		3,327,000		36,144
Formosa Plastics Corp.		4,487,000		16,581
Fubon Financial Holding Co. Ltd.		13,611,000		36,084
HON HAI Precision Industry Co. Ltd.		11,780,298		47,298
King Yuan Electronics Co. Ltd.		8,135,000		13,102
Lite-On Technology Corp.		6,928,202		14,312
MediaTek Inc.		1,431,000		49,350
Powertech Technology Inc.		3,507,000		13,522
Realtek Semiconductor Corp.		271,000		4,909
Taiwan Semiconductor Manufacturing Co. Ltd. ADR		1,898,134		228,080
Unimicron Technology Corp.		2,659,000		12,298
United Microelectronics Corp.		13,065,000		24,775
Yuanta Financial Holding Co. Ltd.		28,836,984		27,767
				550,500

SCHEDULE OF INVESTMENTS (000)* (continued)

June 30, 2021 (Unaudited)

Causeway Emerging Markets Fund	Number of Shares/ Number of Warrants		Value
Thailand — 2.1%
Bangkok Chain Hospital PCL		6,036,600	$	4,374
Charoen Pokphand Foods PCL		19,310,100		15,980
PTT PCL		17,304,000		21,235
Sri Trang Agro-Industry PCL		9,161,800		11,588
Tisco Financial Group PCL		4,772,000		13,191
				66,368
Turkey — 0.2%
Turkcell Iletisim Hizmetleri AS		3,347,230		6,193
Total Common Stock
(Cost $2,150,173) — 90.9%				2,881,953
WARRANTS
MSCI China A Market Access (HSBC), Expires 10/15/20211,2		30,032		47,719
MSCI China A Market Access (Merrill Lynch), Expires 7/21/20211,2		31,165		49,611
Total Warrants
(Cost $80,020) — 3.0%				97,330
PREFERENCE STOCK
Brazil — 0.9%
Itausa S.A.‡		12,622,941		28,374
South Korea — 1.6%
Hyundai Motor Co.‡		258,194		26,473
LG Chem Ltd.‡		69,507		23,677
				50,150
Total Preference Stock
(Cost $68,287) — 2.5%				78,524
EXCHANGE-TRADED FUND
Samsung Kodex 200		871,378		33,949
Total Exchange-Traded Fund
(Cost $31,252) — 1.1%				33,949

SCHEDULE OF INVESTMENTS (000)* (continued)

June 30, 2021 (Unaudited)

Causeway Emerging Markets Fund	Face Amount		Value
CORPORATE OBLIGATIONS
Citigroup Global Markets Holdings Inc., 0.000% 5/12/20222,4	$	30,000,000	$	31,281
Total Corporate Obligations
(Cost $30,000) — 1.0%				31,281
Total Investments — 98.5%
(Cost $2,359,732)				3,123,037
Other Assets in Excess of Liabilities — 1.5%				46,824
Net Assets — 100.0%			$	3,169,861

A list of the open futures contracts held by the Fund at June 30, 2021, is as follows:

Type of Contract	Number of Contracts Long	Expiration Date	Notional Amount		Value		Unrealized Depreciation
MSCI Emerging Markets	465	Sept-2021	$	31,784	$	31,760	$	(24	)

* Except for share/warrant/corporate obligations data.

‡ There is currently no rate available.

1 Non-income producing security.

2 Securities considered illiquid. The total market value of such securities as of June 30, 2021 was $128,611 and represented 4.1% 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, 2021 was $– and represented 0.0% of net assets.

4 Credit-linked note that is linked to the performance of the MSCI China A Inclusion Net Return USD Index.

ADR American Depositary Receipt

PJSC Public Joint-Stock Company

SCHEDULE OF INVESTMENTS (000) (concluded)

June 30, 2021 (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, 2021:

Investments in Securities	Level 1			Level 2		Level 3†			Total
Common Stock
Argentina	$	3,116		$	—	$	—		$	3,116
Brazil		150,379			—		—			150,379
China		328,490			622,096		—	^		950,586
India		97,838			220,000		—			317,838
Indonesia		—			8,991		—			8,991
Malaysia		8,467			17,892		—			26,359
Mexico		60,540			—		—			60,540
Poland		—			17,987		—			17,987
Russia		—			124,928		—			124,928
Saudi Arabia		23,648			26,025		—			49,673
South Africa		—			69,748		—			69,748
South Korea		6,578			472,169		—			478,747
Taiwan		228,080			322,420		—			550,500
Thailand		—			66,368		—			66,368
Turkey		—			6,193		—			6,193
Total Common Stock		907,136			1,974,817		—			2,881,953
Warrants		—			97,330		—			97,330
Preference Stock
Brazil		28,374			—		—			28,374
South Korea		—			50,150		—			50,150
Total Preference Stock		28,374			50,150		—			78,524
Exchange-Traded Fund		—			33,949		—			33,949
Corporate Obligations		—			31,281		—			31,281
Total Investments in Securities	$	935,510		$	2,187,527	$	—		$	3,123,037
Other Financial Instruments	Level 1			Level 2		Level 3			Total
Futures Contracts*
Unrealized Depreciation	$	(24	)		—		—		$	(24	)
Total Other Financial Instruments	$	(24	)	$	—	$	—		$	(24	)

† 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.

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

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

For the period ended June 30, 2021, there were no transfers in or out of Level 3.

Amounts designated as “—“ are $0 or are rounded to $0.

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-002-2900