| Shares | | | | Value |
| | | UNAFFILIATED ISSUERS - 98.7% | | |
| | | COMMON STOCKS - 98.7% of Net Assets |
| | | Automobiles - 1.0% | |
| 47,500 | | Subaru Corp. | $1,050,226 |
| 15,800 | | Toyota Motor Corp. | 991,897 |
| | | Total Automobiles | | $2,042,123 |
| | | Banks - 6.8% | |
| 168,080 | | ABN AMRO Bank NV (144A) | $1,354,221 |
| 69,229 | | Bank of America Corp. | 1,669,804 |
| 46,705 | | BNP Paribas S.A. | 1,685,326 |
| 195,800 | | Grupo Financiero Banorte S.A.B de CV, Class O | 596,760 |
| 160,853 | | KB Financial Group, Inc. | 4,441,138 |
| 3,404,288 | | Lloyds Banking Group Plc | 1,247,993 |
| 352,000 | | Mitsubishi UFJ Financial Group, Inc. | 1,453,407 |
| 7,063(a) | | SVB Financial Group | 1,516,779 |
| | | Total Banks | | $13,965,428 |
| | | Beverages - 1.0% | |
| 56,200 | | Asahi Group Holdings, Ltd. | $2,120,477 |
| | | Total Beverages | | $2,120,477 |
| | | Biotechnology - 2.7% | |
| 36,151 | | AbbVie, Inc. | $3,350,113 |
| 3,485(a) | | Regeneron Pharmaceuticals, Inc. | 2,135,643 |
| | | Total Biotechnology | | $5,485,756 |
| | | Capital Markets - 2.2% | |
| 56,546 | | AllianceBernstein Holding LP | $1,411,954 |
| 15,121 | | Euronext NV (144A) | 1,397,675 |
| 150,004 | | UBS Group AG | 1,616,878 |
| | | Total Capital Markets | | $4,426,507 |
| | | Chemicals - 1.1% | |
| 7,239 | | LG Chem, Ltd. | $2,295,922 |
| | | Total Chemicals | | $2,295,922 |
| | | Communications Equipment - 0.6% | |
| 5,204(a) | | Arista Networks, Inc. | $1,214,926 |
| | | Total Communications Equipment | | $1,214,926 |
| | | Construction Materials - 1.9% | |
| 121,817 | | CRH Plc | $3,959,639 |
| | | Total Construction Materials | | $3,959,639 |
| | | Diversified Telecommunication Services - 3.7% | |
| 277,913 | | CenturyLink, Inc. | $2,731,885 |
| 82,952 | | Verizon Communications, Inc. | 4,759,786 |
| | | Total Diversified Telecommunication Services | | $7,491,671 |
| | | Electrical Equipment - 3.9% | |
| 12,227 | | Eaton Corp. Plc | $1,038,072 |
| 12,651(a) | | Generac Holdings, Inc. | 1,407,677 |
| 138,000 | | Mitsubishi Electric Corp. | 1,820,518 |
| 122,777 | | Prysmian S.p.A. | 2,624,435 |
| 5,266 | | Rockwell Automation, Inc. | 1,138,299 |
| | | Total Electrical Equipment | | $8,029,001 |
| | | Electronic Equipment, Instruments & Components - 1.9% | |
| 8,916 | | CDW Corp. | $988,873 |
| 9,643 | | Samsung SDI Co., Ltd. | 2,810,613 |
| | | Total Electronic Equipment, Instruments & Components | | $3,799,486 |
| | | Financials - 2.2% | |
| 8,492 | | Allianz SE | $1,541,520 |
| 86,189 | | AXA S.A. | 1,577,918 |
| 36,812 | | Charles Schwab Corp. | 1,321,919 |
| | | Total Financials | | $4,441,357 |
| | | Food & Staples Retailing - 1.3% | |
| 55,471 | | Magnit PJSC (G.D.R.) | $636,082 |
| 47,535 | | Walgreens Boots Alliance, Inc. | 2,041,153 |
| | | Total Food & Staples Retailing | | $2,677,235 |
| | | Food Products - 0.9% | |
| 78,417 | | Associated British Foods Plc | $1,768,422 |
| | | Total Food Products | | $1,768,422 |
| | | Health Care - 2.5% | |
| 34,143 | | Johnson & Johnson | $5,078,771 |
| | | Total Health Care | | $5,078,771 |
| | | Health Care Equipment & Supplies - 4.2% | |
| 61,070 | | Medtronic Plc | $6,020,281 |
| 20,509 | | Zimmer Biomet Holdings, Inc. | 2,591,107 |
| | | Total Health Care Equipment & Supplies | | $8,611,388 |
| | | Hotels, Restaurants & Leisure - 3.3% | |
| 139,956 | | Compass Group Plc | $2,054,056 |
| 39,302 | | Darden Restaurants, Inc. | 3,020,752 |
| 96,100 | | KOMEDA Holdings Co., Ltd. | 1,664,745 |
| | | Total Hotels, Restaurants & Leisure | | $6,739,553 |
| Shares | | | | Value |
| | | Household Durables - 1.1% | |
| 76,905 | | Persimmon Plc | $2,186,359 |
| | | Total Household Durables | | $2,186,359 |
| | | Insurance - 5.8% | |
| 404,000 | | Ping An Insurance Group Co. of China, Ltd., Class H | $4,010,717 |
| 57,677 | | Progressive Corp. | 4,480,349 |
| 16,721 | | Willis Towers Watson Plc | 3,392,691 |
| | | Total Insurance | | $11,883,757 |
| | | Interactive Media & Services - 8.7% | |
| 3,256(a) | | Alphabet, Inc. | $4,667,541 |
| 3,095(a) | | Alphabet, Inc., Class C | 4,422,508 |
| 32,848(a) | | Facebook, Inc. | 7,393,756 |
| 23,200 | | Tencent Holdings, Ltd. | 1,236,506 |
| | | Total Interactive Media & Services | | $17,720,311 |
| | | Internet & Direct Marketing Retail - 10.2% | |
| 154,400(a) | | Alibaba Group Holding, Ltd. | $3,980,037 |
| 3,755(a) | | Amazon.com, Inc. | 9,171,099 |
| 1,819(a) | | Booking Holdings, Inc. | 2,982,105 |
| 104,069 | | eBay, Inc. | 4,739,302 |
| | | Total Internet & Direct Marketing Retail | | $20,872,543 |
| | | IT Services - 1.8% | |
| 69,221 | | Cognizant Technology Solutions Corp. | $3,668,713 |
| | | Total IT Services | | $3,668,713 |
| | | Machinery - 0.5% | |
| 8,910 | | Caterpillar, Inc. | $1,070,358 |
| | | Total Machinery | | $1,070,358 |
| | | Metals & Mining - 1.0% | |
| 38,201 | | Rio Tinto Plc | $2,044,373 |
| | | Total Metals & Mining | | $2,044,373 |
| | | Multi-Utilities - 0.9% | |
| 106,427 | | CenterPoint Energy, Inc. | $1,892,272 |
| | | Total Multi-Utilities | | $1,892,272 |
| | | Oil, Gas & Consumable Fuels - 2.6% | |
| 13,599 | | Lukoil PJSC (A.D.R.) | $1,023,869 |
| 10,845 | | Marathon Petroleum Corp. | 381,093 |
| 745,329 | | Rosneft Oil Co. PJSC (G.D.R.) | 3,910,971 |
| | | Total Oil, Gas & Consumable Fuels | | $5,315,933 |
| | | Pharmaceuticals - 5.2% | |
| 17,400 | | Eisai Co., Ltd. | $1,364,747 |
| 62,900 | | KDDI Corp. | 1,832,639 |
| 24,517 | | Novartis AG | 2,126,032 |
| 41,847 | | Pfizer, Inc. | 1,598,137 |
| 10,844 | | Roche Holding AG | 3,765,386 |
| | | Total Pharmaceuticals | | $10,686,941 |
| | | Real Estate Management & Development - 0.4% | |
| 266,716 | | Vinhomes JSC (144A) | $ 876,245 |
| | | Total Real Estate Management & Development | | $ 876,245 |
| | | Road & Rail - 1.1% | |
| 14,831 | | Kansas City Southern | $2,232,362 |
| | | Total Road & Rail | | $2,232,362 |
| | | Semiconductors & Semiconductor Equipment - 3.3% | |
| 55,700 | | Intel Corp. | $3,505,201 |
| 67,702(a) | | Micron Technology, Inc. | 3,243,603 |
| | | Total Semiconductors & Semiconductor Equipment | | $6,748,804 |
| | | Software - 6.1% | |
| 55,340 | | Microsoft Corp. | $10,141,055 |
| 44,382 | | Oracle Corp. | 2,386,420 |
| | | Total Software | | $12,527,475 |
| | | Specialty Retail - 0.3% | |
| 12,757 | | TJX Cos., Inc. | $ 673,059 |
| | | Total Specialty Retail | | $ 673,059 |
| | | Technology Hardware, Storage & Peripherals - 5.1% | |
| 22,704 | | Apple, Inc. | $7,218,510 |
| 78,471 | | Samsung Electronics Co., Ltd. | 3,228,194 |
| | | Total Technology Hardware, Storage & Peripherals | | $10,446,704 |
| | | Textiles, Apparel & Luxury Goods - 0.3% | |
| 16,282 | | Moncler S.p.A. | $ 608,304 |
| | | Total Textiles, Apparel & Luxury Goods | | $ 608,304 |
| | | Trading Companies & Distributors - 0.9% | |
| 5,406 | | Ferguson Plc | $ 426,326 |
| 9,349(a) | | United Rentals, Inc. | 1,298,483 |
| | | Total Trading Companies & Distributors | | $1,724,809 |
| | | Wireless Telecommunication Services - 2.2% | |
| 84,643 | | Unilever NV | $4,384,210 |
| | | Total Wireless Telecommunication Services | | $4,384,210 |
| | | TOTAL COMMON STOCKS | |
| | | (Cost $188,617,764) | $201,711,194 |
| | | | | Value |
| | | TOTAL INVESTMENTS IN UNAFFILIATED ISSUERS - 98.7% | |
| | | (Cost $188,617,764) (b) | $201,711,194 |
| | | OTHER ASSETS AND LIABILITIES - 1.3% | $2,640,474 |
| | | NET ASSETS - 100.0% | $204,351,668 |
| | Level 1 | | | Level 2 | | | Level 3 | | | Total | |
Common Stocks | | | | | | | | | | | | |
Automobiles | | $ | – | | | $ | 2,042,123 | | | $ | – | | | $ | 2,042,123 | |
Banks | | | 3,186,583 | | | | 10,778,845 | | | | – | | | | 13,965,428 | |
Beverages | | | – | | | | 2,120,477 | | | | – | | | | 2,120,477 | |
Capital Markets | | | 1,411,954 | | | | 3,014,553 | | | | – | | | | 4,426,507 | |
Chemicals | | | – | | | | 2,295,922 | | | | – | | | | 2,295,922 | |
Construction Materials | | | – | | | | 3,959,639 | | | | – | | | | 3,959,639 | |
Electrical Equipment | | | 3,584,048 | | | | 4,444,953 | | | | – | | | | 8,029,001 | |
Electronic Equipment, Instruments & Components | | | 988,873 | | | | 2,810,613 | | | | – | | | | 3,799,486 | |
Financials | | | 1,321,919 | | | | 3,119,438 | | | | – | | | | 4,441,357 | |
Food & Staples Retailing | | | 2,041,153 | | | | 636,082 | | | | – | | | | 2,677,235 | |
Food Products | | | – | | | | 1,768,422 | | | | – | | | | 1,768,422 | |
Hotels, Restaurants & Leisure | | | 3,020,752 | | | | 3,718,801 | | | | – | | | | 6,739,553 | |
Household Durables | | | – | | | | 2,186,359 | | | | – | | | | 2,186,359 | |
Insurance | | | 7,873,040 | | | | 4,010,717 | | | | – | | | | 11,883,757 | |
Interactive Media & Services | | | 16,483,805 | | | | 1,236,506 | | | | – | | | | 17,720,311 | |
Internet & Direct Marketing Retail | | | 16,892,506 | | | | 3,980,037 | | | | – | | | | 20,872,543 | |
Metals & Mining | | | – | | | | 2,044,373 | | | | – | | | | 2,044,373 | |
Oil, Gas & Consumable Fuels | | | 1,404,962 | | | | 3,910,971 | | | | – | | | | 5,315,933 | |
Pharmaceuticals | | | 1,598,137 | | | | 9,088,804 | | | | – | | | | 10,686,941 | |
Real Estate Management & Development | | | – | | | | 876,245 | | | | – | | | | 876,245 | |
Technology Hardware, Storage & Peripherals | | | 7,218,510 | | | | 3,228,194 | | | | – | | | | 10,446,704 | |
Textiles, Apparel & Luxury Goods | | | – | | | | 608,304 | | | | – | | | | 608,304 | |
Trading Companies & Distributors | | | 1,298,483 | | | | 426,326 | | | | – | | | | 1,724,809 | |
Wireless Telecommunication Services | | | – | | | | 4,384,210 | | | | – | | | | 4,384,210 | |
All Other Common Stocks | | | 56,695,555 | | | | – | | | | – | | | | 56,695,555 | |
Total Investments in Securities | | $ | 125,020,280 | | | $ | 76,690,914 | | | $ | – | | | $ | 201,711,194 | |
Other Financial Instruments | | | | | | | | | | | | | | | | |
Net unrealized appreciation on forward foreign currency exchange contracts | | $ | – | | | $ | 96,110 | | | $ | – | | | $ | 96,110 | |
Total Other Financial Instruments | | $ | – | | | $ | 96,110 | | | $ | – | | | $ | 96,110 | |
During the nine months ended May 31, 2020, there were no transfers between Levels 1, 2 and 3.