Not
FDIC
or
NCUA
Insured
No
Financial
Institution
Guarantee
May
Lose
Value
THEMATIC
BETA
ETFs
FIRST
QUARTER
REPORT
June
30,
2024
(Unaudited)
Columbia
EM
Core
ex-China
ETF
Columbia
Research
Enhanced
Emerging
Economies
ETF
Columbia
India
Consumer
ETF
PORTFOLIO
OF
INVESTMENTS
Columbia
EM
Core
ex-China
ETF
June
30,
2024
(Unaudited)
(Percentages
represent
value
of
investments
compared
to
net
assets)
Investments
in
Securities
2
Columbia
EM
Core
ex-China
ETF
|
2024
Common
Stocks
-
97.2%
Issuer
Shares
Value
($)
Brazil
-
4.1%
Ambev
SA
1,007,744
2,070,117
B3
SA
-
Brasil
Bolsa
Balcao
1,432,285
2,640,513
Banco
BTG
Pactual
SA
785,233
4,369,749
Banco
do
Brasil
SA
731,016
3,515,278
Banco
Santander
Brasil
SA
907,369
4,485,836
BRF
SA
(a)
183,000
746,898
Caixa
Seguridade
Participacoes
S/A
511,716
1,318,340
Cia
Siderurgica
Nacional
SA
354,006
822,803
Embraer
SA
(a)
382,342
2,488,395
Hapvida
Participacoes
e
Investimentos
SA
(a),(b)
1,400,253
965,527
Localiza
Rent
a
Car
SA
169,786
1,283,838
Lojas
Renner
SA
285,893
642,358
Magazine
Luiza
SA
(a)
1
2
PRIO
SA
191,298
1,507,116
Rede
D'Or
Sao
Luiz
SA
(b)
207,584
1,016,533
Suzano
SA
227,481
2,334,829
TOTVS
SA
229,088
1,255,056
Vale
SA
876,205
9,815,099
Vibra
Energia
SA
278,900
1,049,431
WEG
SA
435,184
3,305,532
Total
45,633,250
Chile
-
0.4%
Empresas
Copec
SA
409,726
3,146,980
Latam
Airlines
Group
SA
102,483,843
1,394,065
Total
4,541,045
China
-
0.1%
Airtac
International
Group
31,000
944,099
Colombia
-
0.1%
Interconexion
Electrica
SA
ESP
163,199
716,726
Egypt
-
0.1%
Commercial
International
Bank
-
Egypt
(CIB)
454,445
732,335
Greece
-
0.2%
Eurobank
Ergasias
Services
and
Holdings
SA
(a)
660,258
1,430,129
National
Bank
of
Greece
SA
(a)
153,834
1,283,365
Total
2,713,494
Hungary
-
0.5%
MOL
Hungarian
Oil
&
Gas
PLC
82,101
641,236
OTP
Bank
Nyrt
69,053
3,434,040
Richter
Gedeon
Nyrt
44,668
1,161,291
Total
5,236,567
India
-
18.4%
Adani
Ports
&
Special
Economic
Zone
Ltd.
271,836
4,818,477
Adani
Power
Ltd.
(a)
232,603
2,004,479
Adani
Total
Gas
Ltd.
64,374
691,700
Axis
Bank
Ltd.
425,952
6,463,028
Bharat
Electronics
Ltd.
821,879
3,014,994
Bharat
Heavy
Electricals,
Ltd.
394,701
1,424,024
Bharat
Petroleum
Corp.
Ltd.
217,220
791,774
Bharti
Airtel
Ltd.
448,233
7,762,205
CG
Power
&
Industrial
Solutions
Ltd.
144,249
1,219,035
Coal
India
Ltd.
551,371
3,128,541
GAIL
India,
Ltd.
531,728
1,399,981
HDFC
Bank
Ltd.
ADR
341,115
21,943,928
Hindalco
Industries
Ltd.
321,640
2,675,142
Hindustan
Petroleum
Corp.
Ltd.
162,364
646,633
ICICI
Bank
Ltd.
ADR
713,687
20,561,322
Common
Stocks
(continued)
Issuer
Shares
Value
($)
IDBI
Bank
Ltd.
1,993,953
2,007,882
Indian
Oil
Corp.,
Ltd.
806,090
1,601,111
Indian
Railway
Finance
Corp.
Ltd.
(b)
510,376
1,063,810
Indus
Towers
Ltd.
(a)
216,887
976,138
Infosys
Ltd.
ADR
879,187
16,370,462
InterGlobe
Aviation
Ltd.
(a),(b)
18,582
942,220
ITC
Ltd.
1,365,839
6,959,616
Jio
Financial
Services
Ltd.
(a)
724,618
3,112,240
Kotak
Mahindra
Bank
Ltd.
186,860
4,039,156
NHPC,
Ltd.
832,575
1,005,430
NMDC,
Ltd.
333,041
982,698
NTPC
Ltd.
1,025,328
4,652,170
Oil
&
Natural
Gas
Corp.
Ltd.
850,845
2,797,802
Oil
India,
Ltd.
101,732
882,114
PB
Fintech
Ltd.
(a)
56,932
953,959
Power
Finance
Corp.
Ltd.
364,370
2,119,693
Power
Grid
Corp
of
India
Ltd.
916,755
3,638,436
Punjab
National
Bank
548,517
810,795
Rail
Vikas
Nigam
Ltd.
162,477
811,727
REC
Ltd.
335,163
2,111,763
Reliance
Industries,
Ltd.
720,070
27,035,169
State
Bank
of
India
GDR
69,840
7,053,840
Suzlon
Energy,
Ltd.
(a)
2,491,972
1,579,681
Tata
Consultancy
Services,
Ltd.
174,096
8,151,065
Tata
Motors
Ltd.
633,029
7,513,602
Tata
Power
Co.
Ltd.
(The)
(a)
456,471
2,411,886
Tata
Steel
Ltd.
2,010,116
4,194,637
Vedanta
Ltd.
642,939
3,500,456
Wipro
Ltd.
420,176
2,594,245
Yes
Bank
Ltd.
(a)
2,819,103
800,894
Zee
Entertainment
Enterprises
Ltd.
(a)
357,351
650,485
Zomato
Ltd.
(a)
1,256,372
3,021,771
Total
204,892,216
Indonesia
-
2.8%
Amman
Mineral
Internasional
PT
(a)
2,751,700
1,848,470
Barito
Renewables
Energy
Tbk
PT
3,535,600
2,175,339
Chandra
Asri
Pacific
Tbk
PT
1,674,600
943,401
PT
Adaro
Energy
Indonesia
Tbk
4,448,172
757,887
PT
Astra
International
Tbk
8,872,917
2,416,684
PT
Bank
Central
Asia
Tbk
17,026,158
10,319,671
PT
Bank
Mandiri
Persero
Tbk
13,661,777
5,130,988
PT
Bank
Rakyat
Indonesia
Persero
Tbk
9,826,871
2,760,526
PT
GoTo
Gojek
Tokopedia
Tbk
(a)
280,919,940
857,771
PT
Telkom
Indonesia
Persero
Tbk
19,422,882
3,712,587
Total
30,923,324
Kuwait
-
1.0%
Al
Ahli
Bank
of
Kuwait
KSCP
825,759
737,597
Boubyan
Bank
KSCP
835,895
1,542,352
Gulf
Bank
KSCP
1,610,282
1,496,106
Kuwait
Finance
House
KSCP
1,270,777
2,941,326
Mabanee
Co
KPSC
605,201
1,639,518
National
Bank
of
Kuwait
SAKP
683,164
1,919,763
National
Industries
Group
Holding
SAK
1,132,259
793,596
Total
11,070,258
Malaysia
-
1.9%
CIMB
Group
Holdings
Bhd
647,340
933,103
Dialog
Group
Bhd
4,029,517
2,041,451
Genting
Malaysia
Bhd
1,579,975
854,041
IHH
Healthcare
Bhd
3,672,224
4,904,083
Inari
Amertron
Bhd
2,018,961
1,583,499
Malayan
Banking
Bhd
1,061,840
2,241,850
PORTFOLIO
OF
INVESTMENTS
(continued)
Columbia
EM
Core
ex-China
ETF
June
30,
2024
(Unaudited)
Columbia
EM
Core
ex-China
ETF
|
2024
3
Common
Stocks
(continued)
Issuer
Shares
Value
($)
Public
Bank
Bhd
866,914
738,737
Tenaga
Nasional
Bhd
2,621,699
7,658,084
YTL
Corp.
Bhd
1,109,700
811,545
Total
21,766,393
Mexico
-
4.1%
America
Movil
SAB
de
CV
Series
B
7,041,130
5,995,482
Arca
Continental
SAB
de
CV
182,882
1,794,365
Coca-Cola
Femsa
SAB
de
CV
159,195
1,365,723
Fibra
Uno
Administracion
SA
de
CV
970,231
1,192,792
Fomento
Economico
Mexicano
SAB
de
CV
Series
UBD
494,094
5,318,560
Grupo
Aeroportuario
del
Centro
Norte
SAB
de
CV
131,927
1,119,455
Grupo
Aeroportuario
del
Pacifico
SAB
de
CV
Class
B
111,714
1,748,397
Grupo
Aeroportuario
del
Sureste
SAB
de
CV
Class
B
53,029
1,597,352
Grupo
Bimbo
SAB
de
CV
Series
A
898,957
3,176,375
Grupo
Carso
SAB
de
CV
Series
A1
136,889
941,465
Grupo
Financiero
Banorte
SAB
de
CV
Class
O
751,547
5,859,317
Grupo
Financiero
Inbursa
SAB
de
CV
Class
O
(a)
513,378
1,220,450
Grupo
Mexico
SAB
de
CV
Series
B
938,887
5,052,958
Grupo
Televisa
SAB
Series
CPO
1,348,407
737,419
Industrias
Penoles
SAB
de
CV
(a)
63,996
832,083
Prologis
Property
Mexico
SA
de
CV
422,836
1,382,360
Qualitas
Controladora
SAB
de
CV
87,180
886,508
Wal-Mart
de
Mexico
SAB
de
CV
1,588,477
5,408,579
Total
45,629,640
Philippines
-
0.9%
Ayala
Corp.
195,225
1,938,626
Ayala
Land,
Inc.
1,958,043
952,144
Manila
Electric
Co.
424,987
2,653,948
SM
Investments
Corp.
298,432
4,228,835
SM
Prime
Holdings,
Inc.
1,673,226
807,936
Total
10,581,489
Poland
-
1.3%
Bank
Polska
Kasa
Opieki
SA
25,865
1,080,912
ORLEN
SA
73,243
1,233,273
Powszechna
Kasa
Oszczednosci
Bank
Polski
SA
435,081
6,809,691
Powszechny
Zaklad
Ubezpieczen
SA
415,563
5,327,823
Total
14,451,699
Qatar
-
1.3%
Barwa
Real
Estate
Co.
1,153,558
869,683
Commercial
Bank
PSQC
(The)
1,082,841
1,275,558
Masraf
Al
Rayan
QSC
2,153,725
1,380,017
Qatar
Fuel
QSC
543,109
2,221,064
Qatar
Gas
Transport
Co.,
Ltd.
1,178,905
1,515,966
Qatar
Insurance
Co.
SAQ
1,372,986
794,906
Qatar
Islamic
Bank
QPSC
382,162
1,952,270
Qatar
National
Bank
QPSC
833,730
3,345,453
Qatar
Navigation
QSC
284,415
898,317
Total
14,253,234
Russia
-
0.0%
Gazprom
PJSC
(a),(c),(d),(e),(f)
251,024
0
GMK
Norilskiy
Nickel
PAO
ADR
(a),(c),(d),(e)
19,108
0
LUKOIL
PJSC
(c),(d),(e)
14,277
0
Mobile
TeleSystems
PJSC
ADR
(a),(c),(d),(e)
49,482
0
Total
0
Common
Stocks
(continued)
Issuer
Shares
Value
($)
Saudi
Arabia
-
6.4%
ACWA
Power
Co.
33,045
3,119,879
Advanced
Petrochemical
Co.
(a)
64,542
663,209
Al
Rajhi
Bank
533,748
11,595,176
Alinma
Bank
522,111
4,328,194
Almarai
Co.
JSC
143,195
2,164,185
Arab
National
Bank
225,426
1,217,382
Bank
AlBilad
179,316
1,558,189
Bank
Al-Jazira
(a)
274,008
1,205,121
Banque
Saudi
Fransi
248,863
2,354,898
Catrion
Catering
Holding
Co.
25,863
863,111
Co.
for
Cooperative
Insurance
(The)
33,528
1,292,288
Dar
Al
Arkan
Real
Estate
Development
Co.
(a)
335,519
1,055,316
Etihad
Etisalat
Co.
127,620
1,816,534
Mobile
Telecommunications
Co.
Saudi
Arabia
353,573
1,104,562
Riyad
Bank
304,109
2,111,643
SABIC
Agri-Nutrients
Co.
37,731
1,134,465
Sahara
International
Petrochemical
Co.
147,289
1,146,401
Saudi
Arabian
Mining
Co.
(a)
244,348
2,803,919
Saudi
Arabian
Oil
Co.
(b)
1,157,020
8,542,876
Saudi
Awwal
Bank
285,424
2,940,515
Saudi
Basic
Industries
Corp.
147,200
2,883,890
Saudi
Industrial
Investment
Group
168,308
944,815
Saudi
Investment
Bank
(The)
292,142
999,868
Saudi
Kayan
Petrochemical
Co.
(a)
251,869
544,476
Saudi
National
Bank
(The)
763,474
7,468,679
Saudi
Telecom
Co.
452,511
4,523,180
Savola
Group
(The)
(a)
76,029
947,424
Total
71,330,195
South
Africa
-
3.8%
Absa
Group
Ltd.
103,296
896,345
Anglo
American
Platinum
Ltd.
25,814
850,646
Bid
Corp.
Ltd.
157,657
3,668,331
Bidvest
Group
Ltd.
(The)
226,038
3,521,043
FirstRand
Ltd.
1,690,401
7,118,940
Gold
Fields
Ltd.
239,365
3,584,183
Harmony
Gold
Mining
Co.
Ltd.
215,937
1,987,306
Impala
Platinum
Holdings
Ltd.
233,823
1,162,328
Mr
Price
Group
Ltd.
82,370
928,895
MTN
Group
Ltd.
478,132
2,224,126
Naspers
Ltd.
Class
N
43,291
8,457,203
Sasol
Ltd.
143,774
1,087,360
Shoprite
Holdings
Ltd.
258,261
4,017,189
Sibanye
Stillwater
Ltd.
890,690
961,906
Standard
Bank
Group
Ltd.
175,222
2,022,922
Total
42,488,723
South
Korea
-
14.8%
Alteogen,
Inc.
(a)
6,427
1,309,679
Amorepacific
Corp.
6,801
826,594
Celltrion,
Inc.
43,790
5,544,931
Doosan
Enerbility
Co.
Ltd.
(a)
110,997
1,620,806
Ecopro
BM
Co.
Ltd.
(a)
10,381
1,380,111
Ecopro
Co.
Ltd.
(a)
22,472
1,470,924
Hana
Financial
Group,
Inc.
100,534
4,433,283
Hanmi
Semiconductor
Co.
Ltd.
8,923
1,116,915
Hanwha
Aerospace
Co.
Ltd.
6,307
1,143,187
HD
Hyundai
Electric
Co.
Ltd.
5,615
1,264,548
HLB,
Inc.
(a)
32,834
1,395,415
HMM
Co.
Ltd.
120,132
1,713,179
HYBE
Co.
Ltd.
6,978
1,026,549
PORTFOLIO
OF
INVESTMENTS
(continued)
Columbia
EM
Core
ex-China
ETF
June
30,
2024
(Unaudited)
4
Columbia
EM
Core
ex-China
ETF
|
2024
Common
Stocks
(continued)
Issuer
Shares
Value
($)
Hyundai
Mobis
Co.
Ltd.
8,376
1,530,377
Hyundai
Motor
Co.
33,542
7,188,442
Kakao
Corp.
101,229
2,989,436
KakaoBank
Corp.
69,810
1,029,526
KB
Financial
Group,
Inc.
104,130
5,938,398
Kia
Corp.
64,049
6,016,372
L&F
Co.
Ltd.
(a)
7,244
712,033
LG
Chem
Ltd.
11,199
2,810,937
LG
Electronics,
Inc.
38,348
3,089,570
Meritz
Financial
Group,
Inc.
19,517
1,121,536
NAVER
Corp.
43,963
5,330,494
POSCO
Future
M
Co.
Ltd.
6,222
1,168,461
POSCO
Holdings,
Inc.
18,188
4,796,400
Samsung
C&T
Corp.
13,263
1,368,214
Samsung
E&A
Co.
Ltd.
(a)
56,550
992,141
Samsung
Electro-Mechanics
Co.
Ltd.
30,057
3,450,059
Samsung
Electronics
Co.
Ltd.
1,010,743
59,844,210
Samsung
SDI
Co.
Ltd.
13,886
3,571,118
Shinhan
Financial
Group
Co.
Ltd.
152,309
5,327,772
SK
Hynix,
Inc.
105,246
18,082,586
SK
Innovation
Co.
Ltd.
(a)
15,259
1,287,010
SK
Square
Co.
Ltd.
(a)
16,735
1,215,765
SK
Telecom
Co.
Ltd.
25,126
940,057
Woori
Financial
Group,
Inc.
88,639
945,955
Total
164,992,990
Taiwan
-
28.3%
Accton
Technology
Corp.
106,019
1,813,743
Acer,
Inc.
1,212,860
1,751,537
Advantech
Co.
Ltd.
110,990
1,265,857
Alchip
Technologies
Ltd.
21,799
1,649,632
ASE
Technology
Holding
Co.
Ltd.
(a)
588,432
3,056,295
Asia
Vital
Components
Co.
Ltd.
109,459
2,581,142
Asustek
Computer,
Inc.
136,164
2,090,214
AUO
Corp.
(a)
2,285,775
1,254,159
Catcher
Technology
Co.
Ltd.
516,305
3,692,269
Cathay
Financial
Holding
Co.
Ltd.
(a)
1,753,825
3,189,608
Chailease
Holding
Co.
Ltd.
239,588
1,133,633
Chang
Hwa
Commercial
Bank
Ltd.
7,502,975
4,267,062
China
Airlines
Ltd.
712,041
520,178
China
Development
Financial
Holding
Corp.
(a)
1,954,475
909,717
China
Steel
Corp.
4,476,315
3,187,364
Chipbond
Technology
Corp.
1,255,162
2,596,100
Chunghwa
Telecom
Co.
Ltd.
(a)
1,912,181
7,397,276
CTBC
Financial
Holding
Co.
Ltd.
6,491,439
7,573,662
Delta
Electronics,
Inc.
397,128
4,743,526
E
Ink
Holdings,
Inc.
169,436
1,316,150
E.Sun
Financial
Holding
Co.
Ltd.
1,893,937
1,666,751
Elite
Material
Co.
Ltd.
71,000
1,039,563
eMemory
Technology,
Inc.
(a)
19,306
1,529,412
Eva
Airways
Corp.
1,328,764
1,562,577
Evergreen
Marine
Corp.
Taiwan
Ltd.
233,432
1,388,727
Far
Eastern
New
Century
Corp.
5,511,161
5,988,269
Far
EasTone
Telecommunications
Co.
Ltd.
1,810,872
4,694,429
Faraday
Technology
Corp.
96,281
997,192
Formosa
Chemicals
&
Fibre
Corp.
(a)
1,095,055
1,701,240
Formosa
Petrochemical
Corp.
(a)
1,071,902
2,141,062
Formosa
Plastics
Corp.
(a)
1,931,037
3,422,611
Fortune
Electric
Co.
Ltd.
36,000
1,048,657
Fubon
Financial
Holding
Co.
Ltd.
1,044,661
2,553,569
Gigabyte
Technology
Co.
Ltd.
213,854
2,013,852
Global
Unichip
Corp.
14,515
718,110
Common
Stocks
(continued)
Issuer
Shares
Value
($)
Hon
Hai
Precision
Industry
Co.
Ltd.
2,530,895
16,695,021
Innolux
Corp.
(a)
2,523,231
1,116,113
Inventec
Corp.
545,000
937,410
Largan
Precision
Co.
Ltd.
38,388
3,248,156
Lite-On
Technology
Corp.
554,700
1,812,438
Lotes
Co.
Ltd.
20,000
1,004,886
Makalot
Industrial
Co.
Ltd.
226,161
2,934,938
MediaTek,
Inc.
309,535
13,357,860
Mega
Financial
Holding
Co.
Ltd.
1,150,511
1,432,753
Nan
Ya
Plastics
Corp.
(a)
3,109,415
4,725,249
Novatek
Microelectronics
Corp.
147,271
2,750,989
PharmaEssentia
Corp.
(a)
46,110
795,943
President
Chain
Store
Corp.
383,195
3,230,548
Quanta
Computer,
Inc.
455,879
4,384,330
Realtek
Semiconductor
Corp.
70,000
1,178,121
Taiwan
Business
Bank
10,164,307
5,702,276
Taiwan
Mobile
Co.
Ltd.
(a)
1,805,357
5,954,509
Taiwan
Semiconductor
Manufacturing
Co.
Ltd.
4,503,103
134,087,434
Tatung
Co.
Ltd.
(a)
482,000
846,878
Unimicron
Technology
Corp.
323,167
1,793,076
Uni-President
Enterprises
Corp.
2,402,599
6,021,032
United
Microelectronics
Corp.
(a)
3,052,280
5,240,571
Walsin
Lihwa
Corp.
679,819
743,911
Wan
Hai
Lines
Ltd.
267,476
730,496
Wistron
Corp.
554,903
1,813,101
Wiwynn
Corp.
24,899
2,030,050
Yageo
Corp.
65,000
1,462,633
Yang
Ming
Marine
Transport
Corp.
569,317
1,309,158
Total
315,795,025
Thailand
-
1.4%
Bangkok
Expressway
&
Metro
PCL
NVDR
4,186,857
872,797
Bumrungrad
Hospital
PCL
NVDR
225,629
1,518,642
Central
Retail
Corp
PCL
NVDR
1,037,438
869,302
Charoen
Pokphand
Foods
PCL
NVDR
(a)
1,714,071
1,069,616
CP
ALL
PCL
NVDR
2,722,498
4,080,316
Delta
Electronics
Thailand
PCL
NVDR
1,184,800
2,687,774
Gulf
Energy
Development
PCL
NVDR
1,465,700
1,617,572
Kasikornbank
PCL
NVDR
280,584
959,556
Krung
Thai
Bank
PCL
NVDR
2,028,836
945,380
Minor
International
PCL
NVDR
975,291
797,295
Thai
Oil
PCL
NVDR
534,108
771,380
Total
16,189,630
Turkey
-
1.2%
Akbank
TAS
641,315
1,252,954
BIM
Birlesik
Magazalar
AS
140,173
2,330,266
Eregli
Demir
ve
Celik
Fabrikalari
TAS
821,725
1,334,722
KOC
Holding
AS
127,860
884,550
Sasa
Polyester
Sanayi
AS
(a)
613,544
821,215
Turk
Hava
Yollari
AO
(a)
330,871
3,116,093
Turkiye
Is
Bankasi
AS
Class
C
1,570,521
759,308
Turkiye
Petrol
Rafinerileri
AS
471,644
2,380,987
Yapi
ve
Kredi
Bankasi
AS
648,200
668,298
Total
13,548,393
United
Arab
Emirates
-
4.1%
Abu
Dhabi
Commercial
Bank
PJSC
678,470
1,481,440
Abu
Dhabi
Islamic
Bank
PJSC
586,415
1,848,812
Abu
Dhabi
Ports
Co.
PJSC
(a)
1,156,481
1,605,786
ADNOC
Drilling
Co.
PJSC
733,722
819,020
Adnoc
Gas
PLC
2,087,641
1,642,603
Aldar
Properties
PJSC
909,717
1,550,457
PORTFOLIO
OF
INVESTMENTS
(continued)
Columbia
EM
Core
ex-China
ETF
June
30,
2024
(Unaudited)
Columbia
EM
Core
ex-China
ETF
|
2024
5
Common
Stocks
(continued)
Issuer
Shares
Value
($)
Alpha
Dhabi
Holding
PJSC
(a)
373,423
1,199,671
Commercial
Bank
of
Dubai
PSC
616,884
1,041,296
Dubai
Investments
PJSC
969,511
556,948
Dubai
Islamic
Bank
PJSC
1,309,434
2,046,325
Emaar
Properties
PJSC
1,248,733
2,787,806
Emirates
Integrated
Telecommunications
Co.
PJSC
459,140
712,523
Emirates
NBD
Bank
PJSC
493,603
2,217,383
Emirates
Telecommunications
Group
Co.
PJSC
782,465
3,429,809
First
Abu
Dhabi
Bank
PJSC
1,402,235
4,756,833
International
Holding
Co.
PJSC
(a)
145,710
16,185,592
Multiply
Group
PJSC
(a)
1,122,916
626,730
National
Marine
Dredging
Co.
77,114
505,975
Q
Holding
PJSC
(a)
1,039,863
795,539
Total
45,810,548
Total
Common
Stocks
(Cost:
$972,603,136)
1,084,241,273
Preferred
Stocks
-
2.4%
Issuer
Shares
Value
($)
Brazil
-
2.2%
Banco
Bradesco
SA
Preference
Shares
1,486,691
3,313,601
Gerdau
SA
Preference
Shares
420,598
1,391,785
Itau
Unibanco
Holding
SA
Preference
Shares
1,244,010
7,258,750
Itausa
SA
Preference
Shares
2,998,967
5,302,029
Petroleo
Brasileiro
SA
Preference
Shares
1,101,108
7,542,990
Total
24,809,155
Chile
-
0.2%
Sociedad
Quimica
y
Minera
de
Chile
SA
Preference
Shares
Class
B
38,684
1,558,425
Total
Preferred
Stocks
(Cost:
$28,416,788)
26,367,580
Right
-
0.0%
Issuer
Shares
Value
($)
Brazil
-
0.0%
Localiza
Rent
a
Car
SA,
expiring
7/12/24
(a)
1,715
2,779
Total
Rights
(Cost:
$0)
2,779
Money
Market
Funds
-
0.4%
Issuer
Shares
Value
($)
Goldman
Sachs
Financial
Square
Funds
—
Treasury
Instruments
Fund,
Institutional
Shares,
5.163%
(g)
4,073,031
4,073,031
Total
Money
Market
Funds
(Cost:
$4,073,031)
4,073,031
Total
Investments
in
Securities
(Cost:
$1,005,092,955)
1,114,684,663
Other
Assets
&
Liabilities,
Net
490,701
Net
Assets
1,115,175,364
PORTFOLIO
OF
INVESTMENTS
(continued)
Columbia
EM
Core
ex-China
ETF
June
30,
2024
(Unaudited)
6
Columbia
EM
Core
ex-China
ETF
|
2024
Security
Acquisition
Date
Shares
Cost
($)
Value
($)
Gazprom
PJSC
04/19/2016-02/16/2022
251,024
961,853
—
GMK
Norilskiy
Nickel
PAO
ADR
06/19/2020-02/16/2022
19,108
569,160
—
LUKOIL
PJSC
04/19/2016-02/16/2022
14,277
1,117,736
—
Mobile
TeleSystems
PJSC
ADR
06/19/2020-02/16/2022
49,482
421,211
—
3,069,960
—
Notes
to
Portfolio
of
Investments
(a)
Non-income
producing
investment.
(b)
Represents
privately
placed
and
other
securities
and
instruments
exempt
from
Securities
and
Exchange
Commission
registration
(collectively,
private
placements),
such
as
Section
4(a)(2)
and
Rule
144A
eligible
securities,
which
are
often
sold
only
to
qualified
institutional
buyers.
At
June
30,
2024,
the
total
value
of
these
securities
amounted
to
$12,530,966,
which
represents
1.12%
of
total
net
assets.
(c)
Represents
fair
value
as
determined
in
good
faith
under
procedures
approved
by
the
Board
of
Trustees.
At
June
30,
2024,
the
value
of
these
securities
amounted
to
$0,
which
represents
less
than
0.01%
of
net
assets.
(d)
Valuation
based
on
significant
unobservable
inputs.
(e)
Denotes
a
restricted
security,
which
is
subject
to
legal
or
contractual
restrictions
on
resale
under
federal
securities
laws.
Disposal
of
a
restricted
investment
may
involve
time-consuming
negotiations
and
expenses,
and
prompt
sale
at
an
acceptable
price
may
be
difficult
to
achieve.
Private
placement
securities
are
generally
considered
to
be
restricted,
although
certain
of
those
securities
may
be
traded
between
qualified
institutional
investors
under
the
provisions
of
Section
4(a)(2)
and
Rule
144A.
The
Fund
will
not
incur
any
registration
costs
upon
such
a
trade.
These
securities
are
valued
at
fair
value
determined
in
good
faith
under
consistently
applied
procedures
approved
by
the
Fund’s
Board
of
Trustees.
At
June
30,
2024,
the
total
market
value
of
these
securities
amounted
to
$0,
which
represents
less
than
0.01%
of
total
net
assets.
Additional
information
on
these
securities
is
as
follows:
(f)
As
a
result
of
sanctions
and
restricted
cross-border
payments,
certain
income
and/or
principal
has
not
been
recognized
by
the
Fund.
The
Fund
will
continue
to
monitor
the
net
realizable
value
and
record
the
income
when
it
is
considered
collectible.
(g)
The
rate
shown
is
the
seven-day
current
annualized
yield
at
June
30,
2024.
Abbreviation
Legend
ADR
American
Depositary
Receipts
GDR
Global
Depositary
Receipts
NVDR
Non-Voting
Depository
Receipts
PJSC
Private
Joint
Stock
Company
Investments
are
valued
using
policies
described
in
the
Notes
to
Financial
Statements
in
the
most
recent
shareholder
report.
PORTFOLIO
OF
INVESTMENTS
Columbia
Research
Enhanced
Emerging
Economies
ETF
June
30,
2024
(Unaudited)
(Percentages
represent
value
of
investments
compared
to
net
assets)
Investments
in
Securities
Columbia
Research
Enhanced
Emerging
Economies
ETF
|
2024
7
Common
Stocks
-
98.0%
Issuer
Shares
Value
($)
Brazil
-
2.1%
B3
SA
-
Brasil
Bolsa
Balcao
98,300
181,222
Banco
BTG
Pactual
SA
25,500
141,905
Banco
do
Brasil
SA
28,200
135,607
Localiza
Rent
a
Car
SA
25,900
195,843
Suzano
SA
16,900
173,459
WEG
SA
29,900
227,112
Total
1,055,148
China
-
22.4%
Agricultural
Bank
of
China,
Ltd.
Class
H
331,000
141,602
Alibaba
Group
Holding
Ltd.
184,890
1,669,537
Bank
of
China,
Ltd.
Class
H
950,000
468,466
BYD
Co.
Ltd.
Class
H
12,994
386,122
China
CITIC
Bank
Corp.
Ltd.
Class
H
(a)
146,000
93,688
China
Construction
Bank
Corp.
Class
H
1,062,000
784,863
China
Life
Insurance
Co.,
Ltd.
Class
H
123,000
173,927
China
Merchants
Bank
Co.,
Ltd.
Class
H
51,500
233,839
China
Overseas
Land
&
Investment,
Ltd.
77,000
133,537
China
Pacific
Insurance
Group
Co.,
Ltd.
Class
H
42,800
104,486
China
Petroleum
&
Chemical
Corp.
Class
H
392,000
254,056
China
Resources
Land,
Ltd.
52,500
178,533
China
Resources
Power
Holdings
Co.,
Ltd.
38,000
116,569
ENN
Energy
Holdings
Ltd.
14,400
118,687
H
World
Group
Ltd.
ADR
3,283
109,390
Haier
Smart
Home
Co.
Ltd.
Class
H
44,400
148,428
Industrial
&
Commercial
Bank
of
China,
Ltd.
Class
H
775,000
460,589
Innovent
Biologics,
Inc.
(a),(b)
21,500
101,340
JD.com,
Inc.
Class
A
31,521
417,056
Kuaishou
Technology
(a),(b)
31,282
184,910
Kweichow
Moutai
Co.
Ltd.
7,700
1,555,027
Lenovo
Group,
Ltd.
114,000
160,909
Li
Auto,
Inc.
Class
A
(a)
15,598
140,449
Meituan
Class
B
(a),(b)
53,984
768,197
NetEase
,
Inc.
22,325
426,346
NIO,
Inc.
ADR
(a)
22,553
93,820
Nongfu
Spring
Co.
Ltd.
Class
H
(b)
28,453
135,024
PetroChina
Co.,
Ltd.
Class
H
288,000
291,416
Ping
An
Insurance
Group
Co.
of
China,
Ltd.
Class
H
79,500
360,466
Postal
Savings
Bank
of
China
Co.
Ltd.
Class
H
(b)
176,000
103,246
Shenzhou
International
Group
Holdings,
Ltd.
14,300
140,025
Tencent
Music
Entertainment
Group
ADR
9,304
130,721
Trip.com
Group
Ltd.
ADR
(a)
7,043
331,021
Xiaomi
Corp.
Class
B
(a),(b)
207,800
438,628
ZEEKR
Intelligent
Technology
Holding
Ltd.
ADR
(a)
5
88
ZTO
Express
Cayman,
Inc.
ADR
6,772
140,519
Total
11,495,527
Czech
Republic
-
0.3%
CEZ
AS
4,207
158,423
Egypt
-
0.1%
Commercial
International
Bank
-
Egypt
(CIB)
30,749
49,552
Common
Stocks
(continued)
Issuer
Shares
Value
($)
Greece
-
0.3%
Eurobank
Ergasias
Services
and
Holdings
SA
(a)
60,370
130,762
Hungary
-
0.2%
OTP
Bank
Nyrt
2,561
127,360
India
-
22.8%
Adani
Green
Energy
Ltd.
(a)
3,977
85,313
Apollo
Hospitals
Enterprise,
Ltd.
1,820
135,008
Asian
Paints
Ltd.
6,991
244,558
Axis
Bank
Ltd.
25,681
389,661
Bajaj
Auto
Ltd.
1,023
116,566
Bajaj
Finance
Ltd.
2,841
242,426
Bharat
Electronics
Ltd.
53,408
195,923
Bharat
Petroleum
Corp.
Ltd.
32,526
118,558
Bharti
Airtel
Ltd.
28,061
485,942
Cholamandalam
Investment
and
Finance
Co.
Ltd.
5,585
95,341
Cipla
Ltd.
8,783
155,969
Cummins
India,
Ltd.
2,699
128,395
Divi's
Laboratories,
Ltd.
2,074
114,322
DLF,
Ltd.
12,721
125,818
GAIL
India,
Ltd.
44,429
116,977
Grasim
Industries
Ltd.
7,475
239,384
HCL
Technologies
Ltd.
11,344
198,563
HDFC
Bank
Ltd.
61,919
1,250,298
HDFC
Life
Insurance
Co.
Ltd.
(b)
12,452
88,857
Hero
MotoCorp
Ltd.
1,997
133,623
Hindalco
Industries
Ltd.
28,309
235,451
ICICI
Bank
Ltd.
56,574
813,865
Indian
Hotels
Co.
Ltd.
15,171
113,718
Indian
Oil
Corp.,
Ltd.
62,518
124,178
Infosys,
Ltd.
32,583
612,195
ITC
Ltd.
29,528
150,460
Jio
Financial
Services
Ltd.
(a)
41,144
176,714
Kotak
Mahindra
Bank
Ltd.
12,245
264,687
Larsen
&
Toubro
Ltd.
8,328
354,387
Mahindra
&
Mahindra
Ltd.
10,815
371,792
Nestle
India
Ltd.
3,505
107,253
Pidilite
Industries
Ltd.
3,482
131,908
Power
Grid
Corp
of
India
Ltd.
59,182
234,883
Reliance
Industries,
Ltd.
39,066
1,466,741
Shriram
Finance
Ltd.
3,076
107,399
Siemens,
Ltd.
1,491
137,759
State
Bank
of
India
20,007
203,687
Suzlon
Energy,
Ltd.
(a)
143,790
91,150
Tata
Consultancy
Services,
Ltd.
9,223
431,815
Tata
Power
Co.
Ltd.
(The)
(a)
27,915
147,496
Tech
Mahindra
Ltd.
8,446
144,875
Titan
Co.
Ltd.
5,068
206,895
TVS
Motor
Co.
Ltd.
3,969
112,560
Wipro
Ltd.
23,282
143,747
Zomato
Ltd.
(a)
76,214
183,307
Total
11,730,424
Indonesia
-
1.7%
Amman
Mineral
Internasional
PT
(a)
233,800
157,057
PT
Astra
International
Tbk
489,000
133,187
PT
Bank
Central
Asia
Tbk
708,200
429,245
PT
Telkom
Indonesia
Persero
Tbk
878,398
167,901
Total
887,390
Kuwait
-
0.7%
Agility
Global
PLC
438,620
142,107
PORTFOLIO
OF
INVESTMENTS
(continued)
Columbia
Research
Enhanced
Emerging
Economies
ETF
June
30,
2024
(Unaudited)
8
Columbia
Research
Enhanced
Emerging
Economies
ETF
|
2024
Common
Stocks
(continued)
Issuer
Shares
Value
($)
Agility
Public
Warehousing
Co
KSC
267,540
239,848
Total
381,955
Malaysia
-
1.2%
CIMB
Group
Holdings
Bhd
110,800
159,712
Malayan
Banking
Bhd
48,100
101,553
Public
Bank
Bhd
208,500
177,673
Tenaga
Nasional
Bhd
66,900
195,417
Total
634,355
Mexico
-
2.5%
America
Movil
SAB
de
CV
Series
B
456,709
388,885
Cemex
SAB
de
CV
Series
CPO
327,286
209,593
Fomento
Economico
Mexicano
SAB
de
CV
Series
UBD
20,190
217,331
Grupo
Financiero
Banorte
SAB
de
CV
Class
O
35,087
273,550
Wal-Mart
de
Mexico
SAB
de
CV
51,698
176,026
Total
1,265,385
Philippines
-
0.4%
SM
Investments
Corp.
13,510
191,439
Qatar
-
0.8%
Qatar
Gas
Transport
Co.,
Ltd.
101,529
130,557
Qatar
National
Bank
QPSC
71,742
287,874
Total
418,431
Russia
-
0.0%
Magnit
PJSC
(c),(d),(e)
15,524
0
Mobile
TeleSystems
PJSC
ADR
(a),(c),(d),(e)
86,390
0
Total
0
Saudi
Arabia
-
3.9%
ACWA
Power
Co.
1,714
161,824
Al
Rajhi
Bank
23,276
505,649
Dr
Sulaiman
Al
Habib
Medical
Services
Group
Co.
1,800
138,469
SABIC
Agri
-Nutrients
Co.
6,126
184,191
Saudi
Arabian
Oil
Co.
(b)
49,113
362,627
Saudi
Basic
Industries
Corp.
16,992
332,901
Saudi
Telecom
Co.
29,528
295,154
Total
1,980,815
South
Africa
-
2.6%
Capitec
Bank
Holdings
Ltd.
1,407
202,574
FirstRand
Ltd.
75,653
318,604
Gold
Fields
Ltd.
12,652
189,448
Naspers
Ltd.
Class
N
1,879
367,076
Standard
Bank
Group
Ltd.
22,366
258,213
Total
1,335,915
South
Korea
-
13.3%
Celltrion
,
Inc.
2,048
259,329
Doosan
Enerbility
Co.
Ltd.
(a)
10,568
154,317
Hana
Financial
Group,
Inc.
3,826
168,716
Hyundai
Mobis
Co.
Ltd.
992
181,248
Hyundai
Motor
Co.
1,670
357,900
Kakao
Corp.
5,675
167,591
KB
Financial
Group,
Inc.
4,506
256,971
LG
Electronics,
Inc.
1,761
141,878
LG
Energy
Solution
Ltd.
(a)
712
168,883
NAVER
Corp.
2,032
246,379
POSCO
Holdings,
Inc.
1,166
307,489
Samsung
Biologics
Co.
Ltd.
(a),(b)
328
173,234
Samsung
C&T
Corp.
1,554
160,311
Samsung
Electro-Mechanics
Co.
Ltd.
1,265
145,202
Samsung
Electronics
Co.
Ltd.
35,800
2,119,651
Common
Stocks
(continued)
Issuer
Shares
Value
($)
Samsung
Fire
&
Marine
Insurance
Co.,
Ltd.
404
114,171
Samsung
SDI
Co.
Ltd.
743
191,080
Shinhan
Financial
Group
Co.
Ltd.
5,824
203,724
SK
Hynix,
Inc.
6,193
1,064,035
SK
Square
Co.
Ltd.
(a)
1,688
122,630
Woori
Financial
Group,
Inc.
9,774
104,308
Total
6,809,047
Taiwan
-
18.1%
Accton
Technology
Corp.
8,000
136,862
ASE
Technology
Holding
Co.
Ltd.
(a)
53,000
275,280
Asustek
Computer,
Inc.
11,000
168,858
Cathay
Financial
Holding
Co.
Ltd.
(a)
127,000
230,970
Chailease
Holding
Co.
Ltd.
20,000
94,632
China
Development
Financial
Holding
Corp.
(a)
232,000
107,985
China
Steel
Corp.
300,000
213,615
Chunghwa
Telecom
Co.
Ltd.
(a)
53,071
205,305
CTBC
Financial
Holding
Co.
Ltd.
220,000
256,677
Delta
Electronics,
Inc.
28,000
334,448
E
Ink
Holdings,
Inc.
15,000
116,518
E.Sun
Financial
Holding
Co.
Ltd.
188,000
165,449
Evergreen
Marine
Corp.
Taiwan
Ltd.
20,000
118,983
First
Financial
Holding
Co.
Ltd.
118,000
102,209
Fubon
Financial
Holding
Co.
Ltd.
89,000
217,552
Hotai
Motor
Co.
Ltd.
8,000
153,384
Hua
Nan
Financial
Holdings
Co.
Ltd.
134,000
109,046
Lite-On
Technology
Corp.
39,000
127,429
MediaTek
,
Inc.
18,000
776,783
Mega
Financial
Holding
Co.
Ltd.
123,000
153,174
Nan
Ya
Plastics
Corp.
(a)
157,000
238,586
Novatek
Microelectronics
Corp.
10,000
186,798
Quanta
Computer,
Inc.
29,000
278,902
Realtek
Semiconductor
Corp.
8,000
134,642
Shanghai
Commercial
&
Savings
Bank
Ltd.
(The)
70,000
99,364
SinoPac
Financial
Holdings
Co.
Ltd.
157,000
122,923
Taishin
Financial
Holding
Co.
Ltd.
179,000
104,007
Taiwan
Cooperative
Financial
Holding
Co.
Ltd.
108,000
86,556
Taiwan
Mobile
Co.
Ltd.
(a)
52,528
173,250
Taiwan
Semiconductor
Manufacturing
Co.
Ltd.
91,000
2,709,677
TCC
Group
Holdings
163,000
171,836
Uni
-President
Enterprises
Corp.
56,179
140,787
United
Microelectronics
Corp.
(a)
171,000
293,596
Wistron
Corp.
40,000
130,697
Wiwynn
Corp.
1,000
81,531
Yageo
Corp.
7,000
157,514
Yuanta
Financial
Holding
Co.
Ltd.
142,000
140,286
Total
9,316,111
Thailand
-
1.2%
Advanced
Info
Service
PCL
NVDR
24,600
140,102
Airports
of
Thailand
PCL
NVDR
93,800
147,611
Gulf
Energy
Development
PCL
NVDR
158,900
175,365
PTT
PCL
NVDR
NVDR
192,700
170,659
Total
633,737
Turkey
-
1.1%
Akbank
TAS
52,544
102,657
BIM
Birlesik
Magazalar
AS
5,947
98,864
KOC
Holding
AS
16,022
110,842
PORTFOLIO
OF
INVESTMENTS
(continued)
Columbia
Research
Enhanced
Emerging
Economies
ETF
June
30,
2024
(Unaudited)
Columbia
Research
Enhanced
Emerging
Economies
ETF
|
2024
9
Common
Stocks
(continued)
Issuer
Shares
Value
($)
Turk
Hava
Yollari
AO
(a)
16,543
155,799
Turkiye
Is
Bankasi
AS
Class
C
154,235
74,569
Total
542,731
United
Arab
Emirates
-
2.3%
Abu
Dhabi
Commercial
Bank
PJSC
51,221
111,841
Abu
Dhabi
Islamic
Bank
PJSC
29,770
93,857
Aldar
Properties
PJSC
87,600
149,299
Dubai
Islamic
Bank
PJSC
37,094
57,969
Emaar
Properties
PJSC
111,152
248,148
Emirates
Telecommunications
Group
Co.
PJSC
70,270
308,017
First
Abu
Dhabi
Bank
PJSC
69,325
235,173
Total
1,204,304
Total
Common
Stocks
(Cost:
$55,326,230)
50,348,811
Preferred
Stocks
-
2.9%
Issuer
Shares
Value
($)
Brazil
-
2.4%
Banco
Bradesco
SA
Preference
Shares
84,800
189,006
Itau
Unibanco
Holding
SA
Preference
Shares
68,400
399,111
Itausa
SA
Preference
Shares
144,300
255,116
Petroleo
Brasileiro
SA
Preference
Shares
57,400
393,211
Total
1,236,444
Chile
-
0.3%
Sociedad
Quimica
y
Minera
de
Chile
SA
Preference
Shares
Class
B
3,181
128,150
Colombia
-
0.2%
Bancolombia
SA
Class
Preference
13,442
110,542
Total
Preferred
Stocks
(Cost:
$1,475,806)
1,475,136
Total
Investments
in
Securities
(Cost:
$56,802,036)
51,823,947
Other
Assets
&
Liabilities,
Net
(438,655)
Net
Assets
51,385,292
PORTFOLIO
OF
INVESTMENTS
(continued)
Columbia
Research
Enhanced
Emerging
Economies
ETF
June
30,
2024
(Unaudited)
10
Columbia
Research
Enhanced
Emerging
Economies
ETF
|
2024
Security
Acquisition
Date
Shares
Cost
($)
Value
($)
Magnit
PJSC
12/27/2012-12/17/2021
15,524
3,017,072
—
Mobile
TeleSystems
PJSC
ADR
09/18/2020-12/17/2021
86,390
774,283
—
3,791,355
—
Notes
to
Portfolio
of
Investments
(a)
Non-income
producing
investment.
(b)
Represents
privately
placed
and
other
securities
and
instruments
exempt
from
Securities
and
Exchange
Commission
registration
(collectively,
private
placements),
such
as
Section
4(a)(2)
and
Rule
144A
eligible
securities,
which
are
often
sold
only
to
qualified
institutional
buyers.
At
June
30,
2024,
the
total
value
of
these
securities
amounted
to
$2,356,063,
which
represents
4.59%
of
total
net
assets.
(c)
Represents
fair
value
as
determined
in
good
faith
under
procedures
approved
by
the
Board
of
Trustees.
At
June
30,
2024,
the
value
of
these
securities
amounted
to
$0,
which
represents
less
than
0.01%
of
net
assets.
(d)
Valuation
based
on
significant
unobservable
inputs.
(e)
Denotes
a
restricted
security,
which
is
subject
to
legal
or
contractual
restrictions
on
resale
under
federal
securities
laws.
Disposal
of
a
restricted
investment
may
involve
time-consuming
negotiations
and
expenses,
and
prompt
sale
at
an
acceptable
price
may
be
difficult
to
achieve.
Private
placement
securities
are
generally
considered
to
be
restricted,
although
certain
of
those
securities
may
be
traded
between
qualified
institutional
investors
under
the
provisions
of
Section
4(a)(2)
and
Rule
144A.
The
Fund
will
not
incur
any
registration
costs
upon
such
a
trade.
These
securities
are
valued
at
fair
value
determined
in
good
faith
under
consistently
applied
procedures
approved
by
the
Fund’s
Board
of
Trustees.
At
June
30,
2024,
the
total
market
value
of
these
securities
amounted
to
$0,
which
represents
less
than
0.01%
of
total
net
assets.
Additional
information
on
these
securities
is
as
follows:
Abbreviation
Legend
ADR
American
Depositary
Receipts
NVDR
Non-Voting
Depository
Receipts
PJSC
Private
Joint
Stock
Company
Investments
are
valued
using
policies
described
in
the
Notes
to
Financial
Statements
in
the
most
recent
shareholder
report.
PORTFOLIO
OF
INVESTMENTS
(Consolidated)
Columbia
India
Consumer
ETF
June
30,
2024
(Percentages
represent
value
of
investments
compared
to
net
assets)
Investments
in
Securities
Columbia
India
Consumer
ETF
|
2024
11
Notes
to
Consolidated
Portfolio
of
Investments
Common
Stocks
-
103.2%
Issuer
Shares
Value
($)
Consumer
Discretionary
-
60.7%
Apparel
Retail
-
6.0%
Trent
Ltd.
310,474
20,402,950
Apparel,
Accessories
&
Luxury
Goods
-
4.1%
Titan
Co.
Ltd.
338,919
13,835,983
Automobile
Manufacturers
-
15.8%
Mahindra
&
Mahindra
Ltd.
676,371
23,251,913
Maruti
Suzuki
India
Ltd.
111,508
16,091,987
Tata
Motors
Ltd.
1,234,913
14,657,534
Total
54,001,434
Automotive
Parts
&
Equipment
-
9.1%
Bharat
Forge
Ltd.
373,223
7,476,097
Bosch
Ltd.
13,994
5,720,007
Samvardhana
Motherson
International
Ltd.
3,845,566
8,776,491
Tube
Investments
of
India
Ltd.
177,454
9,063,960
Total
31,036,555
Hotels,
Resorts
&
Cruise
Lines
-
3.0%
Indian
Hotels
Co.
Ltd.
1,370,351
10,271,778
Motorcycle
Manufacturers
-
15.5%
Bajaj
Auto
Ltd.
144,548
16,470,628
Eicher
Motors
Ltd.
213,168
11,945,716
Hero
MotoCorp
Ltd.
208,800
13,971,165
TVS
Motor
Co.
Ltd.
378,070
10,721,977
Total
53,109,486
Restaurants
-
5.6%
Zomato
Ltd.
(a)
8,021,512
19,292,993
Tires
&
Rubber
-
1.6%
MRF
Ltd.
3,622
5,623,157
Total
Consumer
Discretionary
207,574,336
Consumer
Staples
-
42.5%
Distillers
&
Vintners
-
2.3%
United
Spirits
Ltd.
502,803
7,696,933
Common
Stocks
(continued)
Issuer
Shares
Value
($)
Food
Retail
-
4.1%
Avenue
Supermarts
Ltd.
(a),(b)
245,106
13,864,233
Packaged
Foods
&
Meats
-
14.7%
Britannia
Industries
Ltd.
(a)
190,138
12,485,206
Marico
Ltd.
849,079
6,241,768
Nestle
India
Ltd.
501,163
15,335,543
Patanjali
Foods
Ltd.
152,618
2,912,622
Tata
Consumer
Products
Ltd.
1,012,984
13,331,726
Total
50,306,865
Personal
Care
Products
-
12.5%
Colgate-Palmolive
India
Ltd.
212,868
7,257,870
Dabur
India
Ltd.
958,172
6,902,400
Godrej
Consumer
Products
Ltd.
602,667
9,943,689
Hindustan
Unilever
Ltd.
530,454
15,731,846
Procter
&
Gamble
Hygiene
&
Health
Care
Ltd.
15,184
3,025,047
Total
42,860,852
Soft
Drinks
&
Non-alcoholic
Beverages
-
4.3%
Varun
Beverages
Ltd.
746,983
14,597,017
Tobacco
-
4.6%
ITC
Ltd.
3,103,477
15,813,730
Total
Consumer
Staples
145,139,630
Total
Common
Stocks
(Cost:
$248,176,052)
352,713,966
Money
Market
Funds
-
0.5%
Issuer
Shares
Value
($)
Goldman
Sachs
Financial
Square
Funds
—
Treasury
Instruments
Fund,
Institutional
Shares,
5.163%
(c)
1,612,228
1,612,228
Total
Money
Market
Funds
(Cost:
$1,612,228)
1,612,228
Total
Investments
in
Securities
(Cost:
$249,788,280)
354,326,194
Other
Assets
&
Liabilities,
Net
(12,699,332)
Net
Assets
341,626,862
(a)
Non-income
producing
investment.
(b)
Represents
privately
placed
and
other
securities
and
instruments
exempt
from
Securities
and
Exchange
Commission
registration
(collectively,
private
placements),
such
as
Section
4(a)(2)
and
Rule
144A
eligible
securities,
which
are
often
sold
only
to
qualified
institutional
buyers.
At
June
30,
2024,
the
total
value
of
these
securities
amounted
to
$13,864,233,
which
represents
4.06%
of
total
net
assets.
(c)
The
rate
shown
is
the
seven-day
current
annualized
yield
at
June
30,
2024.
Investments
are
valued
using
policies
described
in
the
Notes
to
Financial
Statements
in
the
most
recent
shareholder
report.
1QT279_03_P01_(08/24)
You
may
at
any
time
request,
free
of
charge,
to
receive
a
paper
copy
of
this
report
by
calling
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