| COLUMN 1 | COLUMN 2 | COLUMN 3 | COLUMN 4 | COLUMN 5 | COLUMN 6 | COLUMN 7 | COLUMN 8 |
| | | VALUE | SHRS OR | SH/ | PUT/ | INVESTMENT | OTHER | VOTING AUTHORITY |
| NAME OF ISSUER | TITLE OF CLASS | CUSIP | (x$1000) | PRN AMT | PRN | CALL | DISCRETION | MANAGER | SOLE | SHARED | NONE |
| 3M Co. | COM | 88579Y101 | 749,664 | 8,008 | SH | | SOLE | | 8,008 | 0 | 0 |
| AbbVie Inc. | COM | 00287Y109 | 482,954 | 3,240 | SH | | SOLE | | 3,240 | 0 | 0 |
| Altria Group Inc. | COM | 02209S103 | 138,971,456 | 3,304,910 | SH | | SOLE | | 2,660,332 | 0 | 644,578 |
| American Express Co. | COM | 025816109 | 3,630,837 | 24,337 | SH | | SOLE | | 24,337 | 0 | 0 |
| American States Water Co. | COM | 029899101 | 275,301 | 3,499 | SH | | SOLE | | 3,499 | 0 | 0 |
| American Water Works Company I | COM | 030420103 | 438,111 | 3,538 | SH | | SOLE | | 3,538 | 0 | 0 |
| Ameris Bancorp | COM | 03076K108 | 802,082 | 20,893 | SH | | SOLE | | 20,893 | 0 | 0 |
| Amgen Inc. | COM | 031162100 | 509,569 | 1,896 | SH | | SOLE | | 1,896 | 0 | 0 |
| ANI Pharmaceuticals Inc. | COM | 00182C103 | 354,921 | 6,113 | SH | | SOLE | | 6,113 | 0 | 0 |
| Apple Inc. | COM | 037833100 | 965,624 | 5,640 | SH | | SOLE | | 5,640 | 0 | 0 |
| Applied Materials Inc. | COM | 038222105 | 3,233,915 | 23,358 | SH | | SOLE | | 23,358 | 0 | 0 |
| Archer-Daniels-Midland Co. | COM | 039483102 | 2,019,521 | 26,777 | SH | | SOLE | | 26,777 | 0 | 0 |
| Arrow Electronics Inc. | COM | 042735100 | 3,550,304 | 28,348 | SH | | SOLE | | 28,348 | 0 | 0 |
| Artesian Resources Corp. | COM | 043113208 | 202,056 | 4,812 | SH | | SOLE | | 4,812 | 0 | 0 |
| ASE Technology Holding Company | ADR | 00215W100 | 32,722,286 | 4,351,368 | SH | | SOLE | | 3,315,793 | 0 | 1,035,575 |
| AT&T Inc. | COM | 00206R102 | 104,512,585 | 6,958,228 | SH | | SOLE | | 5,050,907 | 0 | 1,907,321 |
| Axalta Coating Systems Ltd. | COM | G0750C108 | 2,622,642 | 97,496 | SH | | SOLE | | 97,496 | 0 | 0 |
| Banco ABC Brasil SA | COM | P0763M135 | 49,912 | 12,600 | SH | | SOLE | | 12,600 | 0 | 0 |
| Bank of America Corp. | COM | 060505104 | 145,994,636 | 5,332,163 | SH | | SOLE | | 3,945,618 | 0 | 1,386,545 |
| Baxter International Inc. | COM | 071813109 | 46,578,670 | 1,234,199 | SH | | SOLE | | 1,234,199 | 0 | 0 |
| BCE Inc. | COM | 05534B760 | 227,111,926 | 5,950,011 | SH | | SOLE | | 4,688,003 | 0 | 1,262,008 |
| BGSF Inc. | COM | 05601C105 | 402,246 | 41,857 | SH | | SOLE | | 41,857 | 0 | 0 |
| Blackstone Inc | COM | 09260D107 | 368,133 | 3,436 | SH | | SOLE | | 3,436 | 0 | 0 |
| BOEING CO/THE | COM | 097023105 | 2,280,609 | 11,898 | SH | | SOLE | | 11,898 | 0 | 0 |
| BorgWarner Inc. | COM | 099724106 | 3,334,966 | 82,610 | SH | | SOLE | | 82,610 | 0 | 0 |
| Boston Properties Inc. | COM | 101121101 | 38,447,655 | 646,396 | SH | | SOLE | | 646,396 | 0 | 0 |
| Bristol-Myers Squibb Co. | COM | 110122108 | 61,016,939 | 1,051,291 | SH | | SOLE | | 1,051,291 | 0 | 0 |
| British American Tobacco PLC (ADR) | ADR | 110448107 | 40,630,868 | 1,293,565 | SH | | SOLE | | 945,065 | 0 | 348,500 |
| Broadcom Ltd. | COM | 11135F101 | 196,101,404 | 236,102 | SH | | SOLE | | 174,227 | 0 | 61,875 |
| Cabot Corp. | COM | 127055101 | 256,160 | 3,698 | SH | | SOLE | | 3,698 | 0 | 0 |
| California Water Service Group | COM | 130788102 | 248,851 | 5,260 | SH | | SOLE | | 5,260 | 0 | 0 |
| Canadian National Railway Co. | COM | 136375102 | 2,612,053 | 24,112 | SH | | SOLE | | 24,112 | 0 | 0 |
| Canadian Pacific Kansas City L | COM | 13646K108 | 440,284 | 5,917 | SH | | SOLE | | 5,917 | 0 | 0 |
| Carrier Global Corporation | COM | 14448C104 | 308,458 | 5,588 | SH | | SOLE | | 5,588 | 0 | 0 |
| Carter's Inc. | COM | 146229109 | 500,439 | 7,237 | SH | | SOLE | | 7,237 | 0 | 0 |
| Caterpillar Inc. | COM | 149123101 | 245,700 | 900 | SH | | SOLE | | 900 | 0 | 0 |
| Chevron Corp. | COM | 166764100 | 265,853,984 | 1,576,646 | SH | | SOLE | | 1,271,599 | 0 | 305,046 |
| Chubb Ltd. | COM | H1467J104 | 220,007,308 | 1,056,813 | SH | | SOLE | | 776,956 | 0 | 279,857 |
| Cisco Systems Inc. | COM | 17275R102 | 248,647,182 | 4,625,134 | SH | | SOLE | | 3,667,791 | 0 | 957,343 |
| Citigroup Inc. | COM | 172967424 | 139,052,308 | 3,380,800 | SH | | SOLE | | 2,686,771 | 0 | 694,029 |
| Civitas Resources Inc. | COM | 17888H103 | 656,745 | 8,121 | SH | | SOLE | | 8,121 | 0 | 0 |
| Coca Cola Euro Pacific Partner | COM | G25839104 | 48,640,499 | 778,497 | SH | | SOLE | | 576,275 | 0 | 202,222 |
| Coca-Cola Femsa SAB de CV (ADR) | ADR | 191241108 | 58,381,915 | 744,288 | SH | | SOLE | | 514,736 | 0 | 229,552 |
| Columbia Sportswear Co. | COM | 198516106 | 241,714 | 3,262 | SH | | SOLE | | 3,262 | 0 | 0 |
| Comcast Corp. (Cl A) | COM | 20030N101 | 231,927,066 | 5,230,651 | SH | | SOLE | | 4,208,470 | 0 | 1,022,181 |
| Communication Services Select | COM | 81369Y852 | 1,375,068 | 20,971 | SH | | SOLE | | 20,971 | 0 | 0 |
| Companhia de Saneamento Basico | ADR | 20441A102 | 362,582 | 29,916 | SH | | SOLE | | 29,916 | 0 | 0 |
| Companhia Energetica de Minas | ADR | 204409601 | 35,574 | 14,700 | SH | | SOLE | | 14,700 | 0 | 0 |
| Comtech Telecommunications Cor | COM | 205826209 | 126,648 | 14,474 | SH | | SOLE | | 14,474 | 0 | 0 |
| Conagra Brands Inc. | COM | 205887102 | 53,366,534 | 1,946,263 | SH | | SOLE | | 1,946,263 | 0 | 0 |
| ConocoPhillips | COM | 20825C104 | 177,708,070 | 1,483,373 | SH | | SOLE | | 1,154,235 | 0 | 329,138 |
| Consolidated Water Company Ltd | COM | G23773107 | 275,356 | 9,682 | SH | | SOLE | | 9,682 | 0 | 0 |
| Consumer Staples Select Sector | COM | 81369Y308 | 1,471,571 | 21,386 | SH | | SOLE | | 21,386 | 0 | 0 |
| Copa Holdings SA | COM | P31076105 | 15,197,990 | 170,534 | SH | | SOLE | | 170,534 | 0 | 0 |
| Coterra Energy Inc. | COM | 127097103 | 950,050 | 35,122 | SH | | SOLE | | 35,122 | 0 | 0 |
| Credicorp Ltd. | COM | G2519Y108 | 733,908 | 5,735 | SH | | SOLE | | 5,735 | 0 | 0 |
| Crown Castle Inc. | COM | 22822V101 | 30,444,720 | 330,813 | SH | | SOLE | | 102,892 | 0 | 227,921 |
| CSX Corp. | COM | 126408103 | 891,289 | 28,985 | SH | | SOLE | | 28,985 | 0 | 0 |
| Denny's Corp. | COM | 24869P104 | 836,768 | 98,792 | SH | | SOLE | | 98,792 | 0 | 0 |
| Diageo PLC (ADR) | ADR | 25243Q205 | 84,905,315 | 569,147 | SH | | SOLE | | 431,388 | 0 | 137,759 |
| Dominion Energy Inc. | COM | 25746U109 | 380,499 | 8,518 | SH | | SOLE | | 8,518 | 0 | 0 |
| Douglas Elliman Inc. | COM | 25961D105 | 453,159 | 200,513 | SH | | SOLE | | 200,513 | 0 | 0 |
| Dow Inc | COM | 260557103 | 204,217,955 | 3,960,783 | SH | | SOLE | | 3,159,922 | 0 | 800,861 |
| Duke Energy Corp. | COM | 26441C204 | 225,910,928 | 2,559,607 | SH | | SOLE | | 2,087,780 | 0 | 471,827 |
| DuPont De Nemours Inc. | COM | 26614N102 | 878,521 | 11,778 | SH | | SOLE | | 11,778 | 0 | 0 |
| Eaton Corp. PLC | COM | G29183103 | 3,905,797 | 18,313 | SH | | SOLE | | 18,313 | 0 | 0 |
| Ecolab Inc. | COM | 278865100 | 276,461 | 1,632 | SH | | SOLE | | 1,632 | 0 | 0 |
| Ecovyst Inc | COM | 27923Q109 | 569,333 | 57,859 | SH | | SOLE | | 57,859 | 0 | 0 |
| Enbridge Inc. | COM | 29250N105 | 246,801 | 7,436 | SH | | SOLE | | 7,436 | 0 | 0 |
| Energy Transfer LP | COM | 29273V100 | 6,111,735 | 435,619 | SH | | SOLE | | 435,619 | 0 | 0 |
| Enterprise Products Partners L | COM | 293792107 | 4,380,705 | 160,055 | SH | | SOLE | | 160,055 | 0 | 0 |
| EOG Resources Inc. | COM | 26875P101 | 73,296,262 | 578,229 | SH | | SOLE | | 578,229 | 0 | 0 |
| Essential Utilites Inc. | COM | 29670G102 | 354,217 | 10,318 | SH | | SOLE | | 10,318 | 0 | 0 |
| Exxon Mobil Corp. | COM | 30231G102 | 270,779,443 | 2,302,938 | SH | | SOLE | | 1,836,391 | 0 | 466,547 |
| Federated Hermes Government Obligations Fund | ADR | 60934N807 | 88,766 | 88,766 | SH | | SOLE | | 88,766 | 0 | 0 |
| Financial Select Sector SPDR F | COM | 81369Y605 | 1,768,823 | 53,326 | SH | | SOLE | | 53,326 | 0 | 0 |
| First Horizon Corp. | COM | 320517105 | 263,852 | 23,943 | SH | | SOLE | | 23,943 | 0 | 0 |
| First Interstate Bancsystem In | COM | 32055Y201 | 825,190 | 33,087 | SH | | SOLE | | 33,087 | 0 | 0 |
| Forrester Research Inc. | COM | 346563109 | 731,835 | 25,323 | SH | | SOLE | | 25,323 | 0 | 0 |
| General Dynamics Corp. | COM | 369550108 | 211,258,711 | 956,052 | SH | | SOLE | | 748,436 | 0 | 207,616 |
| General Electric Co. | COM | 369604301 | 724,213 | 6,551 | SH | | SOLE | | 6,551 | 0 | 0 |
| Genuine Parts Co. | COM | 372460105 | 172,252,511 | 1,193,050 | SH | | SOLE | | 914,301 | 0 | 278,748 |
| Global Water Resources Inc. | COM | 379463102 | 205,871 | 21,115 | SH | | SOLE | | 21,115 | 0 | 0 |
| Granite Real Estate Investment | COM | 387437114 | 297,065 | 5,598 | SH | | SOLE | | 5,598 | 0 | 0 |
| Great Lakes Dredge & Dock Corp | COM | 390607109 | 1,466,879 | 184,050 | SH | | SOLE | | 184,050 | 0 | 0 |
| Haemonetics Corp. | COM | 405024100 | 637,989 | 7,122 | SH | | SOLE | | 7,122 | 0 | 0 |
| Health Care Select Sector SPDR | COM | 81369Y209 | 1,860,550 | 14,452 | SH | | SOLE | | 14,452 | 0 | 0 |
| Healthpeak Properties Inc | COM | 42250P103 | 159,218,446 | 8,672,029 | SH | | SOLE | | 7,158,911 | 0 | 1,513,118 |
| Helmerich & Payne Inc. | COM | 423452101 | 272,227 | 6,457 | SH | | SOLE | | 6,457 | 0 | 0 |
| HF Sinclair Corp. | COM | 403949100 | 278,843 | 4,898 | SH | | SOLE | | 4,898 | 0 | 0 |
| Honeywell International Inc. | COM | 438516106 | 3,337,160 | 18,068 | SH | | SOLE | | 18,068 | 0 | 0 |
| Host Hotels & Resorts Inc. | COM | 44107P104 | 347,948 | 21,652 | SH | | SOLE | | 21,652 | 0 | 0 |
| Hudson Pacific Properties, Inc | COM | 444097109 | 230,303 | 34,632 | SH | | SOLE | | 34,632 | 0 | 0 |
| Huntsman Corp. | COM | 447011107 | 624,762 | 25,605 | SH | | SOLE | | 25,605 | 0 | 0 |
| ICICI Bank Ltd. (ADR) | ADR | 45104G104 | 28,766,135 | 1,244,210 | SH | | SOLE | | 1,244,210 | 0 | 0 |
| Industrial Select Sector SPDR | COM | 81369Y704 | 714,323 | 7,046 | SH | | SOLE | | 7,046 | 0 | 0 |
| Intel Corp. | COM | 458140100 | 114,813,306 | 3,229,629 | SH | | SOLE | | 2,530,042 | 0 | 699,587 |
| International Business Machine | COM | 459200101 | 792,414 | 5,648 | SH | | SOLE | | 5,648 | 0 | 0 |
| iShares MSCI ACWI ex US ETF | COM | 464288240 | 385,952 | 8,210 | SH | | SOLE | | 8,210 | 0 | 0 |
| iShares MSCI EAFE ETF | COM | 464287465 | 386,434 | 5,607 | SH | | SOLE | | 5,607 | 0 | 0 |
| iShares MSCI India ETF | COM | 46429B598 | 10,467,670 | 236,718 | SH | | SOLE | | 236,718 | 0 | 0 |
| iShares MSCI South Korea ETF | COM | 464286772 | 8,233,564 | 139,694 | SH | | SOLE | | 139,694 | 0 | 0 |
| iShares MSCI Taiwan ETF | COM | 46434G772 | 9,497,124 | 213,179 | SH | | SOLE | | 213,179 | 0 | 0 |
| Itau Unibanco Holding SA (ADR) | ADR | 465562106 | 4,139,003 | 770,764 | SH | | SOLE | | 770,764 | 0 | 0 |
| Johnson & Johnson | COM | 478160104 | 213,030,523 | 1,367,772 | SH | | SOLE | | 1,022,746 | 0 | 345,027 |
| Johnson Controls International | COM | G51502105 | 189,923,735 | 3,569,324 | SH | | SOLE | | 2,764,858 | 0 | 804,466 |
| JP Morgan Chase & Co. | COM | 46625H100 | 268,345,469 | 1,850,403 | SH | | SOLE | | 1,413,502 | 0 | 436,901 |
| Kenvue Inc | COM | 49177J102 | 207,926,536 | 10,354,907 | SH | | SOLE | | 8,152,208 | 0 | 2,202,699 |
| Kimberly-Clark Corp. | COM | 494368103 | 880,513 | 7,286 | SH | | SOLE | | 7,286 | 0 | 0 |
| Latham Group Inc. | COM | 51819L107 | 141,590 | 50,568 | SH | | SOLE | | 50,568 | 0 | 0 |
| LendingTree Inc. | COM | 52603B107 | 444,587 | 28,683 | SH | | SOLE | | 28,683 | 0 | 0 |
| Linde PLC | COM | G54950103 | 372,350 | 1,000 | SH | | SOLE | | 1,000 | 0 | 0 |
| Lindsay Corp. | COM | 535555106 | 214,413 | 1,822 | SH | | SOLE | | 1,822 | 0 | 0 |
| Lowe's Companies Inc. | COM | 548661107 | 142,397,627 | 685,131 | SH | | SOLE | | 533,073 | 0 | 152,058 |
| Masco Corp. | COM | 574599106 | 282,216 | 5,280 | SH | | SOLE | | 5,280 | 0 | 0 |
| McDonald's Corp. | COM | 580135101 | 2,330,390 | 8,846 | SH | | SOLE | | 8,846 | 0 | 0 |
| Medtronic PLC | COM | G5960L103 | 230,325,832 | 2,939,329 | SH | | SOLE | | 2,412,538 | 0 | 526,791 |
| Merck & Co. Inc. | COM | 58933Y105 | 252,405,266 | 2,451,727 | SH | | SOLE | | 2,004,164 | 0 | 447,563 |
| Microsoft Corp. | COM | 594918104 | 97,118,436 | 307,580 | SH | | SOLE | | 245,053 | 0 | 62,527 |
| Mondelez International Inc. | COM | 609207105 | 4,580,122 | 65,996 | SH | | SOLE | | 65,996 | 0 | 0 |
| Morgan Stanley | COM | 617446448 | 236,306,689 | 2,893,433 | SH | | SOLE | | 2,312,528 | 0 | 580,905 |
| NextEra Energy Inc. | COM | 65339F101 | 144,919,115 | 2,529,571 | SH | | SOLE | | 1,851,440 | 0 | 678,131 |
| Novartis AG (ADR) | ADR | 66987V109 | 276,530,464 | 2,714,809 | SH | | SOLE | | 1,950,599 | 0 | 764,210 |
| Oracle Corp. | COM | 68389X105 | 4,543,121 | 42,892 | SH | | SOLE | | 42,892 | 0 | 0 |
| Otis Worldwide Corp. | COM | 68902V107 | 212,500 | 2,646 | SH | | SOLE | | 2,646 | 0 | 0 |
| Packaging Corp. of America | COM | 695156109 | 2,309,085 | 15,038 | SH | | SOLE | | 15,038 | 0 | 0 |
| PAX Global Technology Ltd. | COM | G6955J103 | 216,305 | 306,300 | SH | | SOLE | | 306,300 | 0 | 0 |
| Pentair PLC | COM | G7S00T104 | 246,439 | 3,806 | SH | | SOLE | | 3,806 | 0 | 0 |
| PepsiCo Inc. | COM | 713448108 | 1,456,337 | 8,595 | SH | | SOLE | | 8,595 | 0 | 0 |
| Petroleo Brasileiro SA (ADR) | ADR | 71654V408 | 8,085,006 | 539,360 | SH | | SOLE | | 539,360 | 0 | 0 |
| Pfizer Inc. | COM | 717081103 | 132,039,885 | 3,980,702 | SH | | SOLE | | 3,037,281 | 0 | 943,421 |
| Philip Morris International In | COM | 718172109 | 237,146,856 | 2,561,534 | SH | | SOLE | | 2,022,993 | 0 | 538,541 |
| Phinia Inc. | COM | 71880K101 | 304,227 | 11,356 | SH | | SOLE | | 11,356 | 0 | 0 |
| Pool Corp. | COM | 73278L105 | 214,728 | 603 | SH | | SOLE | | 603 | 0 | 0 |
| PotlatchDeltic Corp | COM | 737630103 | 242,655 | 5,346 | SH | | SOLE | | 5,346 | 0 | 0 |
| Power Corporation of Canada | COM | 739239101 | 31,943,274 | 1,251,696 | SH | | SOLE | | 785,779 | 0 | 465,917 |
| Power Corporation of Canada | COM | 739239101 | 4,667,524 | 183,340 | SH | | SOLE | | 183,340 | 0 | 0 |
| PPL Corp. | COM | 69351T106 | 64,076,140 | 2,719,700 | SH | | SOLE | | 2,719,700 | 0 | 0 |
| Premier Financial Corp | COM | 74052F108 | 354,780 | 20,796 | SH | | SOLE | | 20,796 | 0 | 0 |
| Prologis Inc. | COM | 74340W103 | 225,430 | 2,009 | SH | | SOLE | | 2,009 | 0 | 0 |
| Public Service Enterprise Grou | COM | 744573106 | 623,051 | 10,948 | SH | | SOLE | | 10,948 | 0 | 0 |
| Public Storage | COM | 74460D109 | 498,316 | 1,891 | SH | | SOLE | | 1,891 | 0 | 0 |
| Qualcomm Inc. | COM | 747525103 | 51,081,433 | 459,944 | SH | | SOLE | | 459,944 | 0 | 0 |
| Ralph Lauren Corp. | COM | 751212101 | 953,912 | 8,217 | SH | | SOLE | | 8,217 | 0 | 0 |
| Rayonier Inc. | COM | 754907103 | 304,892 | 10,713 | SH | | SOLE | | 10,713 | 0 | 0 |
| Real Estate Select Sector SPDR | COM | 81369Y860 | 1,198,821 | 35,187 | SH | | SOLE | | 35,187 | 0 | 0 |
| Rio Tinto PLC (ADR) | ADR | 767204100 | 68,642,036 | 1,078,599 | SH | | SOLE | | 888,132 | 0 | 190,467 |
| Royal Bank of Canada | COM | 780087102 | 371,358 | 4,247 | SH | | SOLE | | 4,247 | 0 | 0 |
| RTX Corp | COM | 75513E101 | 184,630,315 | 2,565,379 | SH | | SOLE | | 2,108,758 | 0 | 456,621 |
| Sanofi (ADR) | ADR | 80105N105 | 41,871,387 | 780,600 | SH | | SOLE | | 534,375 | 0 | 246,225 |
| Seagate Technology Holdings PL | COM | G7997R103 | 482,160 | 7,311 | SH | | SOLE | | 7,311 | 0 | 0 |
| Select Water Solutions Inc. | COM | 81617J301 | 929,498 | 116,918 | SH | | SOLE | | 116,918 | 0 | 0 |
| Sempra | COM | 816851109 | 1,780,617 | 26,174 | SH | | SOLE | | 26,174 | 0 | 0 |
| Sensata Technologies Holding P | COM | G8060N102 | 1,463,105 | 38,686 | SH | | SOLE | | 38,686 | 0 | 0 |
| Shell PLC (ADR) | ADR | 780259305 | 42,169,111 | 655,003 | SH | | SOLE | | 457,007 | 0 | 197,996 |
| Silicon Motion Technology Corp | ADR | 82706C108 | 503,736 | 9,829 | SH | | SOLE | | 9,829 | 0 | 0 |
| Simon Property Group Inc. | COM | 828806109 | 697,658 | 6,458 | SH | | SOLE | | 6,458 | 0 | 0 |
| Simons First National Corp. | COM | 828730200 | 592,769 | 34,951 | SH | | SOLE | | 34,951 | 0 | 0 |
| Sitio Royalties Corp | COM | 82983N108 | 838,925 | 34,652 | SH | | SOLE | | 34,652 | 0 | 0 |
| SK Telecom Company Ltd. (ADR) | ADR | 78440P306 | 1,200,385 | 55,936 | SH | | SOLE | | 55,936 | 0 | 0 |
| Sociedad Quimica y Minera de C | ADR | 833635105 | 1,265,481 | 21,208 | SH | | SOLE | | 21,208 | 0 | 0 |
| SouthState Corp. | COM | 840441109 | 392,207 | 5,823 | SH | | SOLE | | 5,823 | 0 | 0 |
| Spire Inc. | COM | 84857L101 | 521,328 | 9,214 | SH | | SOLE | | 9,214 | 0 | 0 |
| Spirit AeroSystems Holdings In | COM | 848574109 | 551,697 | 34,182 | SH | | SOLE | | 34,182 | 0 | 0 |
| Standard Motor Products Inc. | COM | 853666105 | 446,272 | 13,274 | SH | | SOLE | | 13,274 | 0 | 0 |
| Steven Madden Ltd. | COM | 556269108 | 305,246 | 9,608 | SH | | SOLE | | 9,608 | 0 | 0 |
| Suzano SA (ADR) | ADR | 86959K105 | 176,999 | 16,465 | SH | | SOLE | | 16,465 | 0 | 0 |
| Taiwan Semiconductor Manufactu | ADR | 874039100 | 26,303,674 | 302,689 | SH | | SOLE | | 302,689 | 0 | 0 |
| Target Corp. | COM | 87612E106 | 106,543,189 | 963,581 | SH | | SOLE | | 709,834 | 0 | 253,747 |
| The Allstate Corp. | COM | 020002101 | 50,273,085 | 451,244 | SH | | SOLE | | 451,244 | 0 | 0 |
| The Cigna Group | COM | 125523100 | 3,581,024 | 12,518 | SH | | SOLE | | 12,518 | 0 | 0 |
| The Coca-Cola Co. | COM | 191216100 | 479,693 | 8,569 | SH | | SOLE | | 8,569 | 0 | 0 |
| The JM Smucker Co. | COM | 832696405 | 1,289,818 | 10,494 | SH | | SOLE | | 10,494 | 0 | 0 |
| The PNC Financial Services Gro | COM | 693475105 | 1,936,942 | 15,777 | SH | | SOLE | | 15,777 | 0 | 0 |
| The Procter & Gamble Co. | COM | 742718109 | 1,775,116 | 12,170 | SH | | SOLE | | 12,170 | 0 | 0 |
| The Timken Co. | COM | 887389104 | 623,710 | 8,487 | SH | | SOLE | | 8,487 | 0 | 0 |
| The Travelers Companies Inc. | COM | 89417E109 | 108,821,972 | 666,352 | SH | | SOLE | | 502,629 | 0 | 163,723 |
| The Walt Disney Co. | COM | 254687106 | 2,623,832 | 32,373 | SH | | SOLE | | 32,373 | 0 | 0 |
| The Wendy's Co. | COM | 95058W100 | 242,879 | 11,900 | SH | | SOLE | | 11,900 | 0 | 0 |
| The Western Union Co. | COM | 959802109 | 450,361 | 34,170 | SH | | SOLE | | 34,170 | 0 | 0 |
| The York Water Co. | COM | 987184108 | 250,283 | 6,676 | SH | | SOLE | | 6,676 | 0 | 0 |
| TotalEnergies SE (ADR) | ADR | 89151E109 | 46,477,373 | 706,773 | SH | | SOLE | | 499,830 | 0 | 206,943 |
| Toyota Motor Corp. (ADR) | ADR | 892331307 | 50,388,002 | 280,323 | SH | | SOLE | | 188,855 | 0 | 91,468 |
| Truist Financial Corp | COM | 89832Q109 | 138,257,423 | 4,832,486 | SH | | SOLE | | 3,991,484 | 0 | 841,002 |
| Under Armour Inc. (class C) | COM | 904311206 | 456,068 | 71,484 | SH | | SOLE | | 71,484 | 0 | 0 |
| Unilever PLC (ADR) | ADR | 904767704 | 220,667,333 | 4,466,950 | SH | | SOLE | | 3,513,882 | 0 | 953,068 |
| Union Pacific Corp. | COM | 907818108 | 35,157,330 | 172,653 | SH | | SOLE | | 172,653 | 0 | 0 |
| Unisys Corp. | COM | 909214306 | 346,732 | 100,502 | SH | | SOLE | | 100,502 | 0 | 0 |
| United Parcel Service Inc. | COM | 911312106 | 124,708,580 | 800,081 | SH | | SOLE | | 611,409 | 0 | 188,672 |
| Utilities Select Sector SPDR F | COM | 81369Y886 | 800,093 | 13,577 | SH | | SOLE | | 13,577 | 0 | 0 |
| Vale SA (ADR) | ADR | 91912E105 | 1,544,712 | 115,277 | SH | | SOLE | | 115,277 | 0 | 0 |
| Valmont Industries Inc. | COM | 920253101 | 251,019 | 1,045 | SH | | SOLE | | 1,045 | 0 | 0 |
| VanEck Vietnam ETF | COM | 92189F817 | 267,930 | 19,788 | SH | | SOLE | | 19,788 | 0 | 0 |
| Varex Imaging Corp. | COM | 92214X106 | 502,557 | 26,746 | SH | | SOLE | | 26,746 | 0 | 0 |
| Vector Group Ltd. | COM | 92240M108 | 521,030 | 48,969 | SH | | SOLE | | 48,969 | 0 | 0 |
| Verizon Communications Inc. | COM | 92343V104 | 67,436,639 | 2,080,736 | SH | | SOLE | | 2,080,736 | 0 | 0 |
| Vici Properties Inc. | COM | 925652109 | 200,567,067 | 6,892,339 | SH | | SOLE | | 5,789,904 | 0 | 1,102,435 |
| Viper Energy Partners LP | COM | 92763M105 | 451,238 | 16,185 | SH | | SOLE | | 16,185 | 0 | 0 |
| Walmart Inc. | COM | 931142103 | 3,368,606 | 21,063 | SH | | SOLE | | 21,063 | 0 | 0 |
| Warner Brothers Discovery Inc. | COM | 934423104 | 824,231 | 75,896 | SH | | SOLE | | 75,896 | 0 | 0 |
| Western Alliance Bancorp | COM | 957638109 | 627,950 | 13,660 | SH | | SOLE | | 13,660 | 0 | 0 |
| Weyerhaeuser Co. | COM | 962166104 | 457,355 | 14,917 | SH | | SOLE | | 14,917 | 0 | 0 |
| Woodside Energy Group Ltd. (ADR) | ADR | 980228308 | 32,928,256 | 1,413,837 | SH | | SOLE | | 941,029 | 0 | 472,808 |
| WP Carey Inc. | COM | 92936U109 | 309,500 | 5,723 | SH | | SOLE | | 5,723 | 0 | 0 |
| Xylem Inc. | COM | 98419M100 | 293,663 | 3,226 | SH | | SOLE | | 3,226 | 0 | 0 |
| Zurn Elkay Water Solutions Cor | COM | 98983L108 | 279,500 | 9,975 | SH | | SOLE | | 9,975 | 0 | 0 |
