Table of Contents
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSRS
CERTIFIED SHAREHOLDER REPORT OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number: 811-22311
Schwab Strategic Trust
(Exact name of registrant as specified in charter)
211 Main Street, San Francisco, California 94105
(Address of principal executive offices) (Zip code)
Marie Chandoha
Schwab Strategic Trust
211 Main Street, San Francisco, California 94105
(Name and address of agent for service)
Registrant’s telephone number, including area code: (415) 636-7000
Date of fiscal year end: August 31
Date of reporting period: February 28, 2017
Item 1: Report(s) to Shareholders.
Table of Contents
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Equity ETF™
Equity ETF™
Equity ETF™
Total Returns for the 6 Months Ended February 28, 2017 | |
Schwab International Equity ETF (Ticker Symbol: SCHF) | |
Market Price Return1 | 4.72% |
NAV Return1 | 5.08% |
FTSE Developed ex US Index (Net)* | 5.19% |
ETF Category: Morningstar Foreign Large Blend2 | 3.79% |
Performance Details | pages 7-8 |
Schwab International Small-Cap Equity ETF (Ticker Symbol: SCHC) | |
Market Price Return1 | 3.63% |
NAV Return1 | 4.18% |
FTSE Developed Small Cap ex US Liquid Index (Net)* | 4.19% |
ETF Category: Morningstar Foreign Small/Mid Blend2 | 5.18% |
Performance Details | pages 9-10 |
Schwab Emerging Markets Equity ETF (Ticker Symbol: SCHE) | |
Market Price Return1 | 5.93% |
NAV Return1 | 5.89% |
FTSE Emerging Index (Net)* | 6.03% |
ETF Category: Morningstar Diversified Emerging Markets2 | 4.07% |
Performance Details | pages 11-12 |
* | The total return cited for the index is calculated net of foreign withholding taxes; the underlying tax rate information is available from FTSE. |
1 | ETF performance must be shown based on both a market price and NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the market value of securities owned), subtracting liabilities, and dividing by the number of shares outstanding. The NAV Return is based on the NAV of the fund, and the Market Price Return is based on the market price per share of the fund. The price used to calculate market return (Market Price) is determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which the shares of the fund are listed for trading, as of the time that the fund’s NAV is calculated. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively. |
2 | Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs within the category as of the report date. |
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President and CEO of
Charles Schwab Investment
Management, Inc. and the
funds covered in this report.
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1 | Return shown is the fund’s market price return, which is based on the market price per share of the fund. For the definition of market price return, please refer to the glossary. |
![]() | Agnes Hong, CFA, Vice President and Senior Portfolio Manager, is responsible for the day-to-day co-management of the funds. Prior to joining CSIM in 2009, Ms. Hong spent five years as a portfolio manager at Barclays Global Investors (subsequently acquired by BlackRock), where she managed institutional index funds and quantitative active funds. Prior to that, Ms. Hong worked in management consulting and product management, servicing global financial services clients. |
![]() | Ferian Juwono, CFA, Managing Director and Senior Portfolio Manager, is responsible for the day-to-day co-management of the funds. Prior to joining CSIM in 2010, Mr. Juwono worked at BlackRock (formerly Barclays Global Investors), where he spent more than three years as a portfolio manager, managing equity index funds for institutional clients, and nearly two years as a senior business analyst. Prior to that, Mr. Juwono worked for more than four years as a senior financial analyst with Union Bank of California. |
![]() | Chuck Craig, CFA, Managing Director and Senior Portfolio Manager, is responsible for the day-to-day co-management of the funds. Prior to joining CSIM in 2012, Mr. Craig worked at Guggenheim Funds (formerly Claymore Group), where he spent more than five years as a managing director of portfolio management and supervision, and three years as vice president of product research and development. Prior to that, he worked as an equity research analyst at First Trust Portfolios (formerly Niké Securities), and a trader and analyst at PMA Securities, Inc. |
Fund and Inception Date | 6 Months | 1 Year | 5 Years | Since Inception* |
Fund: Schwab International Equity ETF (11/3/09) | ||||
Market Price Return2 | 4.72% | 17.46% | 4.73% | 4.71% |
NAV Return2 | 5.08% | 17.30% | 4.79% | 4.74% |
FTSE Developed ex US Index (Net)3 | 5.19% | 17.32% | 4.77% | 4.81% |
ETF Category: Morningstar Foreign Large Blend4 | 3.79% | 15.08% | 4.38% | 4.49% |
Fund Expense Ratio5: 0.07% |
* | Inception (11/3/09) represents the date that the shares began trading in the secondary market. |
1 | Performance does not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption of fund shares. |
2 | ETF performance must be shown based on both a market price and NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the market value of securities owned), subtracting liabilities, and dividing by the number of shares outstanding. The NAV Return is based on the NAV of the fund, and the Market Price Return is based on the market price per share of the fund. The price used to calculate market return (Market Price) is determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which the shares of the fund are listed for trading, as of the time that the fund’s NAV is calculated. NAV is used as a proxy for purposes of calculating Market Price Return on inception date. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively. |
3 | The total return cited for the index is calculated net of foreign withholding taxes; the underlying tax rate information is available from FTSE. |
4 | Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs within the category as of the report date. |
5 | As stated in the prospectus. Effective March 1, 2017, the management fee was reduced to 0.06%. For more information, see financial note 4 or refer to the prospectus supplement dated March 1, 2017. |
Number of Holdings | 1,248 |
Weighted Average Market Cap (millions) | $53,057 |
Price/Earnings Ratio (P/E) | 17.8 |
Price/Book Ratio (P/B) | 1.6 |
Portfolio Turnover Rate1,2 | 4% |
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1 | Not annualized. |
2 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
3 | This list is not a recommendation of any security by the investment adviser. |
Fund and Inception Date | 6 Months | 1 Year | 5 Years | Since Inception* |
Fund: Schwab International Small-Cap Equity ETF (1/14/10) | ||||
Market Price Return2 | 3.63% | 16.58% | 5.43% | 5.58% |
NAV Return2 | 4.18% | 16.17% | 5.53% | 5.61% |
FTSE Developed Small Cap ex US Liquid Index (Net)3 | 4.19% | 16.13% | 5.52% | 5.74% |
ETF Category: Morningstar Foreign Small/Mid Blend4 | 5.18% | 17.26% | 6.92% | 6.50% |
Fund Expense Ratio5: 0.16% |
* | Inception (1/14/10) represents the date that the shares began trading in the secondary market. |
1 | Performance does not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption of fund shares. |
2 | ETF performance must be shown based on both a market price and NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the market value of securities owned), subtracting liabilities, and dividing by the number of shares outstanding. The NAV Return is based on the NAV of the fund, and the Market Price Return is based on the market price per share of the fund. The price used to calculate market return (Market Price) is determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which the shares of the fund are listed for trading, as of the time that the fund’s NAV is calculated. NAV is used as a proxy for purposes of calculating Market Price Return on inception date. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively. |
3 | The total return cited for the index is calculated net of foreign withholding taxes; the underlying tax rate information is available from FTSE. |
4 | Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs within the category as of the report date. |
5 | As stated in the prospectus. Effective March 1, 2017, the management fee was reduced to 0.12%. For more information, see financial note 4 or refer to the prospectus supplement dated March 1, 2017. |
Number of Holdings | 1,821 |
Weighted Average Market Cap (millions) | $2,154 |
Price/Earnings Ratio (P/E) | 15.0 |
Price/Book Ratio (P/B) | 1.5 |
Portfolio Turnover Rate1,2 | 6% |
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1 | Not annualized. |
2 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
3 | This list is not a recommendation of any security by the investment adviser. |
Fund and Inception Date | 6 Months | 1 Year | 5 Years | Since Inception* |
Fund: Schwab Emerging Markets Equity ETF (1/14/10) | ||||
Market Price Return2 | 5.93% | 30.01% | -0.14% | 1.28% |
NAV Return2 | 5.89% | 30.18% | -0.20% | 1.27% |
FTSE Emerging Index (Net)3 | 6.03% | 30.70% | -0.02% | 1.56% |
ETF Category: Morningstar Diversified Emerging Markets4 | 4.07% | 25.50% | 0.20% | 0.96% |
Fund Expense Ratio5: 0.13% |
* | Inception (1/14/10) represents the date that the shares began trading in the secondary market. |
1 | Performance does not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption of fund shares. |
2 | ETF performance must be shown based on both a market price and NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the market value of securities owned), subtracting liabilities, and dividing by the number of shares outstanding. The NAV Return is based on the NAV of the fund, and the Market Price Return is based on the market price per share of the fund. The price used to calculate market return (Market Price) is determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which the shares of the fund are listed for trading, as of the time that the fund’s NAV is calculated. NAV is used as a proxy for purposes of calculating Market Price Return on inception date. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively. |
3 | The total return cited for the index is calculated net of foreign withholding taxes; the underlying tax rate information is available from FTSE. |
4 | Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs within the category as of the report date. |
5 | As stated in the prospectus. |
Number of Holdings | 822 |
Weighted Average Market Cap (millions) | $49,908 |
Price/Earnings Ratio (P/E) | 14.2 |
Price/Book Ratio (P/B) | 1.7 |
Portfolio Turnover Rate1,2 | 5% |
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1 | Not annualized. |
2 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
3 | This list is not a recommendation of any security by the investment adviser. |
Expense Ratio (Annualized)1 | Beginning Account Value at 9/1/16 | Ending Account Value (Net of Expenses) at 2/28/17 | Expenses Paid During Period 9/1/16-2/28/172 | |
Schwab International Equity ETF | ||||
Actual Return | 0.07% | $1,000.00 | $1,050.80 | $0.36 |
Hypothetical 5% Return | 0.07% | $1,000.00 | $1,024.45 | $0.35 |
Schwab International Small-Cap Equity ETF | ||||
Actual Return | 0.16% | $1,000.00 | $1,041.80 | $0.81 |
Hypothetical 5% Return | 0.16% | $1,000.00 | $1,024.01 | $0.80 |
Schwab Emerging Markets Equity ETF | ||||
Actual Return | 0.13% | $1,000.00 | $1,058.90 | $0.66 |
Hypothetical 5% Return | 0.13% | $1,000.00 | $1,024.16 | $0.65 |
1 | Based on the most recent six-month expense ratio; may differ from the expense ratio provided in the Financial Highlights. Effective March 1, 2017, the advisory fee of the Schwab International Equity ETF, and Schwab International Small-Cap Equity ETF were reduced to 0.06% and 0.12%, respectively. If the fund expense changes had been in place throughout the entire most recent fiscal half-year the expenses paid during period under the actual return and hypothetical 5% return example would have been the following; For Schwab International Equity ETF, $0.31 and $0.30, respectively, and for Schwab International Small-Cap Equity ETF, $0.61 and $0.60, respectively. (See financial note 4) |
2 | Expenses for each fund are equal to its annualized expense ratio, multiplied by the average account value over the period, multiplied by the 181 days of the period, and divided by 365 days of the fiscal year. |
9/1/16– 2/28/17* | 9/1/15– 8/31/16 | 9/1/14– 8/31/15 | 9/1/13– 8/31/14 | 9/1/12– 8/31/13 | 9/1/11– 8/31/12 | |
Per-Share Data | ||||||
Net asset value at beginning of period | $28.32 | $28.55 | $32.37 | $28.32 | $24.96 | $25.99 |
Income (loss) from investment operations: | ||||||
Net investment income (loss) | 0.27 1 | 0.84 1 | 0.87 1 | 0.88 | 0.66 | 0.76 |
Net realized and unrealized gains (losses) | 1.13 | (0.45) | (3.85) | 3.87 | 3.42 | (1.04) |
Total from investment operations | 1.40 | 0.39 | (2.98) | 4.75 | 4.08 | (0.28) |
Less distributions: | ||||||
Distributions from net investment income | (0.71) | (0.62) | (0.84) | (0.70) | (0.72) | (0.75) |
Net asset value at end of period | $29.01 | $28.32 | $28.55 | $32.37 | $28.32 | $24.96 |
Total return | 5.08% 2 | 1.47% | (9.27%) | 16.90% | 16.55% | (0.75%) |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.07% 3,4 | 0.08% | 0.08% | 0.09% 5 | 0.09% | 0.13% |
Net investment income (loss) | 1.90% 3 | 3.06% | 2.86% | 3.44% | 3.03% | 3.40% |
Portfolio turnover rate6 | 4% 2 | 5% | 4% | 7% | 9% | 8% |
Net assets, end of period (x 1,000) | $7,743,173 | $6,168,595 | $4,042,603 | $2,654,016 | $1,464,105 | $768,666 |
* | Unaudited. |
Holdings by Category | Cost ($) | Value ($) | |
99.0% | Common Stock | 7,315,487,513 | 7,664,297,326 |
0.6% | Preferred Stock | 48,487,184 | 50,362,298 |
0.4% | Other Investment Companies | 27,240,609 | 27,240,609 |
100.0% | Total Investments | 7,391,215,306 | 7,741,900,233 |
0.0% | Other Assets and Liabilities, Net | 1,272,685 | |
100.0% | Net Assets | 7,743,172,918 |
Security | Number of Shares | % of Net Assets | Value ($) | |
Common Stock 99.0% of net assets | ||||
Australia 6.7% | ||||
Australia & New Zealand Banking Group Ltd. | 1,492,002 | 0.5 | 35,446,180 | |
BHP Billiton Ltd. | 1,647,022 | 0.4 | 31,657,817 | |
Commonwealth Bank of Australia | 879,541 | 0.7 | 55,667,665 | |
National Australia Bank Ltd. | 1,359,303 | 0.4 | 33,432,748 | |
Westpac Banking Corp. | 1,704,276 | 0.6 | 44,158,203 | |
Other Securities | 4.1 | 321,440,205 | ||
6.7 | 521,802,818 | |||
Austria 0.2% | ||||
Other Securities | 0.2 | 14,519,718 | ||
Belgium 1.1% | ||||
Anheuser-Busch InBev S.A. | 408,582 | 0.6 | 44,826,936 | |
Other Securities | 0.5 | 37,426,018 | ||
1.1 | 82,252,954 | |||
Canada 7.7% | ||||
Enbridge, Inc. | 790,000 | 0.4 | 33,342,897 | |
Royal Bank of Canada | 755,863 | 0.7 | 55,061,091 | |
Suncor Energy, Inc. | 862,780 | 0.3 | 26,936,429 | |
The Bank of Nova Scotia | 624,738 | 0.5 | 36,339,473 | |
The Toronto-Dominion Bank | 940,024 | 0.6 | 48,589,258 | |
Other Securities | 5.2 | 394,171,609 | ||
7.7 | 594,440,757 | |||
Denmark 1.4% | ||||
Novo Nordisk A/S, B Shares | 946,936 | 0.4 | 33,735,018 | |
Other Securities | 1.0 | 76,275,089 | ||
1.4 | 110,010,107 | |||
Security | Number of Shares | % of Net Assets | Value ($) | |
Finland 0.9% | ||||
Other Securities | 0.9 | 67,301,861 | ||
France 8.0% | ||||
BNP Paribas S.A. | 501,182 | 0.4 | 29,359,809 | |
Sanofi | 567,510 | 0.6 | 49,044,923 | |
Total S.A. | 1,103,685 | 0.7 | 55,179,090 | |
Other Securities | 6.3 | 486,530,742 | ||
8.0 | 620,114,564 | |||
Germany 7.5% | ||||
Allianz SE - Reg'd | 233,387 | 0.5 | 40,721,107 | |
BASF SE | 470,880 | 0.6 | 43,981,383 | |
Bayer AG - Reg'd | 421,954 | 0.6 | 46,540,627 | |
Daimler AG - Reg'd | 513,437 | 0.5 | 37,448,481 | |
Deutsche Telekom AG - Reg'd | 1,626,047 | 0.4 | 28,181,027 | |
SAP SE | 462,079 | 0.6 | 43,183,898 | |
Siemens AG - Reg'd | 389,240 | 0.7 | 50,790,863 | |
Other Securities | 3.6 | 290,166,147 | ||
7.5 | 581,013,533 | |||
Hong Kong 3.3% | ||||
AIA Group Ltd. | 6,276,560 | 0.5 | 39,660,838 | |
Other Securities | 2.8 | 214,239,454 | ||
3.3 | 253,900,292 | |||
Ireland 0.2% | ||||
Other Securities | 0.2 | 12,984,952 | ||
Israel 0.5% | ||||
Other Securities | 0.5 | 38,612,765 | ||
Italy 1.9% | ||||
Other Securities | 1.9 | 145,809,180 | ||
Japan 22.2% | ||||
Honda Motor Co., Ltd. | 923,766 | 0.4 | 28,806,539 | |
Mitsubishi UFJ Financial Group, Inc. | 6,985,748 | 0.6 | 46,103,377 | |
SoftBank Group Corp. | 442,369 | 0.4 | 33,061,533 | |
Sumitomo Mitsui Financial Group, Inc. | 666,183 | 0.3 | 26,061,429 |
Security | Number of Shares | % of Net Assets | Value ($) | |
Toyota Motor Corp. | 1,412,675 | 1.0 | 80,365,343 | |
Other Securities | 19.5 | 1,502,673,855 | ||
22.2 | 1,717,072,076 | |||
Netherlands 2.7% | ||||
ING Groep N.V. | 1,983,903 | 0.4 | 27,436,858 | |
Unilever N.V. CVA | 795,852 | 0.5 | 37,729,667 | |
Other Securities | 1.8 | 144,868,159 | ||
2.7 | 210,034,684 | |||
New Zealand 0.2% | ||||
Other Securities | 0.2 | 17,143,796 | ||
Norway 0.5% | ||||
Other Securities | 0.5 | 40,927,814 | ||
Portugal 0.1% | ||||
Other Securities | 0.1 | 9,668,179 | ||
Republic of Korea 4.1% | ||||
Samsung Electronics Co., Ltd. GDR | 106,513 | 1.2 | 90,323,024 | |
Other Securities | 2.9 | 226,276,911 | ||
4.1 | 316,599,935 | |||
Singapore 1.2% | ||||
Other Securities | 1.2 | 90,985,171 | ||
Spain 2.6% | ||||
Banco Santander S.A. | 7,421,602 | 0.5 | 40,645,441 | |
Other Securities | 2.1 | 160,372,450 | ||
2.6 | 201,017,891 | |||
Sweden 2.5% | ||||
Other Securities | 2.5 | 191,954,728 | ||
Switzerland 7.6% | ||||
Nestle S.A. - Reg'd | 1,573,755 | 1.5 | 116,682,120 | |
Novartis AG - Reg'd | 1,204,633 | 1.2 | 94,306,483 | |
Roche Holding AG | 359,066 | 1.1 | 87,736,232 | |
UBS Group AG - Reg'd | 1,792,423 | 0.4 | 27,688,635 | |
Other Securities | 3.4 | 263,942,744 | ||
7.6 | 590,356,214 | |||
United Kingdom 15.9% | ||||
AstraZeneca plc | 644,991 | 0.5 | 37,273,995 | |
BP plc | 9,600,064 | 0.7 | 54,182,541 | |
British American Tobacco plc | 948,793 | 0.8 | 59,978,452 | |
Diageo plc | 1,280,849 | 0.5 | 36,149,397 | |
GlaxoSmithKline plc | 2,466,241 | 0.7 | 50,576,968 | |
HSBC Holdings plc | 10,264,599 | 1.1 | 82,579,184 | |
Lloyds Banking Group plc | 32,708,293 | 0.4 | 27,950,205 | |
Prudential plc | 1,301,324 | 0.3 | 26,031,338 | |
Reckitt Benckiser Group plc | 320,489 | 0.4 | 29,157,480 | |
Royal Dutch Shell plc, A Shares | 2,253,920 | 0.8 | 58,325,369 | |
Royal Dutch Shell plc, B Shares | 1,891,698 | 0.7 | 51,164,828 |
Security | Number of Shares | % of Net Assets | Value ($) | |
Shire plc | 460,179 | 0.4 | 27,796,278 | |
Unilever plc | 615,017 | 0.4 | 29,227,849 | |
Vodafone Group plc | 13,597,034 | 0.4 | 34,161,786 | |
Other Securities | 7.8 | 631,217,667 | ||
15.9 | 1,235,773,337 | |||
Total Common Stock | ||||
(Cost $7,315,487,513) | 7,664,297,326 | |||
Preferred Stock 0.6% of net assets | ||||
Germany 0.4% | ||||
Other Securities | 0.4 | 33,998,679 | ||
Republic of Korea 0.2% | ||||
Other Securities | 0.2 | 14,482,038 | ||
Spain 0.0% | ||||
Other Securities | 0.0 | 1,881,581 | ||
Total Preferred Stock | ||||
(Cost $48,487,184) | 50,362,298 | |||
Other Investment Companies 0.4% of net assets | ||||
United States 0.4% | ||||
Money Market Fund 0.1% | ||||
Other Securities | 0.1 | 5,590,708 | ||
Securities Lending Collateral 0.3% | ||||
Other Securities | 0.3 | 21,649,901 | ||
Total Other Investment Companies | ||||
(Cost $27,240,609) | 27,240,609 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $20,589,476. |
(b) | Fair-valued by management in accordance with procedures approved by the Board of Trustees. |
(c) | The rate shown is the 7-day yield. |
ADR — | American Depositary Receipt |
CDI — | CHESS Depositary Interest |
CVA — | Dutch Certificate |
GDR — | Global Depositary Receipt |
Reg'd — | Registered |
REIT — | Real Estate Investment Trust |
RSP — | Risparmio (Convertible Savings Shares) |
Number of Contracts | Contract Value ($) | Unrealized Appreciation ($) | ||||
Futures Contracts | ||||||
MSCI EAFE, e-mini, Long, expires 03/17/17 | 237 | 20,684,175 | 12,226 |
Description | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |
Common Stock1 | $7,664,297,326 | $— | $— * | $7,664,297,326 | |
Preferred Stock1 | 50,362,298 | — | — | 50,362,298 | |
Other Investment Companies1 | 27,240,609 | — | — | 27,240,609 | |
Total | $7,741,900,233 | $— | $— | $7,741,900,233 | |
Other Financial Instruments | |||||
Futures Contracts2 | $12,226 | $— | $— | $12,226 |
* | Level 3 amount shown includes securities determined to have no value at February 28, 2017. |
1 | As categorized in the complete schedule of Portfolio Holdings. |
2 | Futures contracts are not included in Investments in the schedule of Condensed Portfolio Holdings and are valued at unrealized appreciation or depreciation. |
Assets | ||
Investments, at value (cost $7,369,565,405) including securities on loan of $20,589,476 | $7,720,250,332 | |
Collateral invested for securities on loan, at value (cost $21,649,901) | + | 21,649,901 |
Total investments, at value (cost $7,391,215,306) | 7,741,900,233 | |
Deposit with broker for futures contracts | 1,016,400 | |
Foreign currency, at value (cost $3,497,285) | 3,511,095 | |
Receivables: | ||
Investments sold | 8,317,704 | |
Dividends | 17,795,877 | |
Foreign tax reclaims | 5,522,646 | |
Income from securities on loan | + | 78,598 |
Total assets | 7,778,142,553 | |
Liabilities | ||
Collateral held for securities on loan | 21,649,901 | |
Payables: | ||
Investments bought | 12,880,929 | |
Investment adviser fees | 407,995 | |
Variation margin on futures contracts | + | 30,810 |
Total liabilities | 34,969,635 | |
Net Assets | ||
Total assets | 7,778,142,553 | |
Total liabilities | – | 34,969,635 |
Net assets | $7,743,172,918 | |
Net Assets by Source | ||
Capital received from investors | 7,638,602,120 | |
Net investment income not yet distributed | 7,501,041 | |
Net realized capital losses | (253,550,766) | |
Net unrealized capital appreciation | 350,620,523 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$7,743,172,918 | 266,900,000 | $29.01 | ||
Investment Income | ||
Dividends (net of foreign withholding tax of $5,365,828) | $65,683,083 | |
Securities on loan, net | + | 611,323 |
Total investment income | 66,294,406 | |
Expenses | ||
Investment adviser fees | 2,422,009 | |
Professional fees | + | 5,966* |
Total expenses | 2,427,975 | |
Expense reduction by CSIM | – | 5,966* |
Net expenses | – | 2,422,009 |
Net investment income | 63,872,397 | |
Realized and Unrealized Gains (Losses) | ||
Net realized losses on investments | (62,665,777) | |
Net realized gains on futures contracts | 458,138 | |
Net realized losses on foreign currency transactions | + | (1,673,569) |
Net realized losses | (63,881,208) | |
Net change in unrealized appreciation (depreciation) on investments | 362,685,922 | |
Net change in unrealized appreciation (depreciation) on futures contracts | (224,295) | |
Net change in unrealized appreciation (depreciation) on foreign currency translations | + | 145,269 |
Net change in unrealized appreciation (depreciation) | + | 362,606,896 |
Net realized and unrealized gains | 298,725,688 | |
Increase in net assets resulting from operations | $362,598,085 |
* | Includes professional fees associated with the filing of tax claims in the European Union deemed to be non-routine expenses of the fund. See financial notes 2 (d) and 4 for additional information. |
Operations | ||||
9/1/16-2/28/17 | 9/1/15-8/31/16 | |||
Net investment income | $63,872,397 | $151,933,365 | ||
Net realized losses | (63,881,208) | (111,608,147) | ||
Net change in unrealized appreciation (depreciation) | + | 362,606,896 | 100,225,752 | |
Increase in net assets resulting from operations | 362,598,085 | 140,550,970 | ||
Distributions to Shareholders | ||||
Distributions from net investment income | ($173,425,920) | ($105,649,560) |
Transactions in Fund Shares | ||||||||
9/1/16-2/28/17 | 9/1/15-8/31/16 | |||||||
SHARES | VALUE | SHARES | VALUE | |||||
Shares sold | 49,100,000 | $1,385,406,145 | 76,200,000 | $2,091,090,613 | ||||
Shares redeemed | + | — | — | — | — | |||
Net transactions in fund shares | 49,100,000 | $1,385,406,145 | 76,200,000 | $2,091,090,613 | ||||
Shares Outstanding and Net Assets | ||||||||
9/1/16-2/28/17 | 9/1/15-8/31/16 | |||||||
SHARES | NET ASSETS | SHARES | NET ASSETS | |||||
Beginning of period | 217,800,000 | $6,168,594,608 | 141,600,000 | $4,042,602,585 | ||||
Total increase | + | 49,100,000 | 1,574,578,310 | 76,200,000 | 2,125,992,023 | |||
End of period | 266,900,000 | $7,743,172,918 | 217,800,000 | $6,168,594,608 | ||||
Net investment income not yet distributed | $7,501,041 | $117,054,564 |
9/1/16– 2/28/17* | 9/1/15– 8/31/16 | 9/1/14– 8/31/15 | 9/1/13– 8/31/14 | 9/1/12– 8/31/13 | 9/1/11– 8/31/12 | |
Per-Share Data | ||||||
Net asset value at beginning of period | $29.96 | $29.46 | $33.32 | $28.61 | $24.94 | $27.48 |
Income (loss) from investment operations: | ||||||
Net investment income (loss) | 0.24 1 | 0.67 1 | 0.73 1 | 0.71 | 0.76 | 0.67 |
Net realized and unrealized gains (losses) | 0.98 | 0.50 | (3.84) | 4.90 | 3.72 | (2.39) |
Total from investment operations | 1.22 | 1.17 | (3.11) | 5.61 | 4.48 | (1.72) |
Less distributions: | ||||||
Distributions from net investment income | (0.59) | (0.67) | (0.75) | (0.90) | (0.81) | (0.82) |
Net asset value at end of period | $30.59 | $29.96 | $29.46 | $33.32 | $28.61 | $24.94 |
Total return | 4.18% 2 | 4.12% | (9.29%) | 19.84% | 18.23% | (5.91%) |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.16% 3,4 | 0.17% 5 | 0.18% 6 | 0.19% | 0.21% 7 | 0.35% |
Net investment income (loss) | 1.64% 3 | 2.34% | 2.40% | 2.21% | 2.86% | 2.65% |
Portfolio turnover rate8 | 6% 2 | 23% | 23% | 16% | 20% | 25% |
Net assets, end of period (x 1,000) | $1,058,357 | $787,951 | $609,773 | $403,229 | $280,422 | $159,610 |
* | Unaudited. |
Holdings by Category | Cost ($) | Value ($) | |
99.4% | Common Stock | 986,718,908 | 1,052,472,751 |
0.3% | Preferred Stock | 2,862,287 | 2,939,671 |
2.3% | Other Investment Companies | 24,603,138 | 24,603,138 |
102.0% | Total Investments | 1,014,184,333 | 1,080,015,560 |
(2.0%) | Other Assets and Liabilities, Net | (21,658,487) | |
100.0% | Net Assets | 1,058,357,073 |
Security | Number of Shares | % of Net Assets | Value ($) | |
Common Stock 99.4% of net assets | ||||
Australia 5.4% | ||||
Other Securities | 5.4 | 56,969,272 | ||
Austria 1.1% | ||||
Other Securities | 1.1 | 11,278,376 | ||
Belgium 1.4% | ||||
Other Securities | 1.4 | 15,227,106 | ||
Canada 17.6% | ||||
Algonquin Power & Utilities Corp. | 221,530 | 0.2 | 2,018,851 | |
AltaGas Ltd. | 93,255 | 0.2 | 2,182,721 | |
Bombardier, Inc., B Shares * | 1,175,961 | 0.2 | 2,042,139 | |
CAE, Inc. | 167,951 | 0.2 | 2,529,822 | |
Canadian Apartment Properties REIT | 83,476 | 0.2 | 2,026,946 | |
CCL Industries, Inc., Class B | 19,886 | 0.4 | 4,238,753 | |
Dollarama, Inc. | 61,848 | 0.5 | 4,776,181 | |
Element Fleet Management Corp. | 223,008 | 0.2 | 2,369,076 | |
First Quantum Minerals Ltd. | 418,417 | 0.4 | 4,365,980 | |
Gildan Activewear, Inc. | 141,357 | 0.3 | 3,591,425 | |
H&R Real Estate Investment Trust | 177,318 | 0.3 | 3,159,579 | |
Industrial Alliance Insurance & Financial Services, Inc. | 64,529 | 0.3 | 2,686,008 | |
Keyera Corp. | 112,662 | 0.3 | 3,326,823 | |
Kinross Gold Corp. * | 751,237 | 0.3 | 2,654,528 | |
Lundin Mining Corp. * | 384,753 | 0.2 | 2,321,097 | |
Methanex Corp. | 55,022 | 0.3 | 2,812,065 | |
Onex Corp. | 49,607 | 0.3 | 3,500,899 | |
Open Text Corp. | 147,953 | 0.5 | 4,890,620 | |
PrairieSky Royalty Ltd. | 118,743 | 0.3 | 2,784,671 | |
Seven Generations Energy Ltd., A Shares * | 161,686 | 0.3 | 3,004,336 | |
Teck Resources Ltd., Class B | 285,252 | 0.5 | 5,718,178 | |
Vermilion Energy, Inc. | 63,778 | 0.2 | 2,432,275 |
Security | Number of Shares | % of Net Assets | Value ($) | |
WSP Global, Inc. | 60,782 | 0.2 | 2,061,021 | |
Other Securities | 10.8 | 114,986,155 | ||
17.6 | 186,480,149 | |||
Denmark 1.5% | ||||
Other Securities | 1.5 | 15,420,113 | ||
Finland 1.4% | ||||
Other Securities | 1.4 | 14,999,194 | ||
France 3.1% | ||||
Rubis S.C.A. | 22,883 | 0.2 | 2,151,919 | |
Other Securities | 2.9 | 30,707,162 | ||
3.1 | 32,859,081 | |||
Germany 4.2% | ||||
Dialog Semiconductor plc * | 43,192 | 0.2 | 2,283,087 | |
Freenet AG | 67,135 | 0.2 | 2,009,225 | |
Rheinmetall AG | 26,449 | 0.2 | 2,026,911 | |
STADA Arzneimittel AG | 38,468 | 0.2 | 2,336,069 | |
Other Securities | 3.4 | 35,866,071 | ||
4.2 | 44,521,363 | |||
Hong Kong 2.2% | ||||
Other Securities | 2.2 | 23,677,216 | ||
Ireland 0.6% | ||||
Kingspan Group plc | 108,010 | 0.3 | 3,328,371 | |
Other Securities | 0.3 | 3,099,437 | ||
0.6 | 6,427,808 | |||
Israel 0.5% | ||||
Other Securities | 0.5 | 4,895,982 | ||
Italy 3.2% | ||||
Banco BPM S.p.A. | 888,547 | 0.2 | 2,224,464 | |
Other Securities | 3.0 | 31,843,523 | ||
3.2 | 34,067,987 | |||
Japan 19.5% | ||||
Mebuki Financial Group, Inc. | 606,058 | 0.3 | 2,681,313 | |
Other Securities | 19.2 | 204,128,747 | ||
19.5 | 206,810,060 | |||
Security | Number of Shares | % of Net Assets | Value ($) | |
Netherlands 2.4% | ||||
Aalberts Industries N.V. | 62,437 | 0.2 | 2,160,211 | |
Other Securities | 2.2 | 23,200,934 | ||
2.4 | 25,361,145 | |||
New Zealand 0.9% | ||||
Other Securities | 0.9 | 9,425,373 | ||
Norway 1.8% | ||||
Subsea 7 S.A. * | 170,607 | 0.2 | 2,419,060 | |
Other Securities | 1.6 | 17,012,628 | ||
1.8 | 19,431,688 | |||
Portugal 0.4% | ||||
Other Securities | 0.4 | 4,284,212 | ||
Republic of Korea 4.8% | ||||
Other Securities | 4.8 | 51,359,228 | ||
Singapore 1.7% | ||||
Other Securities | 1.7 | 17,548,896 | ||
Spain 2.1% | ||||
Merlin Properties Socimi S.A. | 192,570 | 0.2 | 2,192,555 | |
Other Securities | 1.9 | 19,652,182 | ||
2.1 | 21,844,737 | |||
Sweden 4.5% | ||||
Castellum AB | 163,927 | 0.2 | 2,226,040 | |
Elekta AB, B Shares | 219,067 | 0.2 | 2,085,773 | |
Other Securities | 4.1 | 43,137,341 | ||
4.5 | 47,449,154 | |||
Switzerland 4.1% | ||||
BB Biotech AG - Reg'd (a) | 33,983 | 0.2 | 1,993,610 | |
Georg Fischer AG - Reg'd | 2,532 | 0.2 | 2,200,915 | |
Logitech International S.A. - Reg'd | 89,454 | 0.2 | 2,594,876 | |
Temenos Group AG - Reg'd * | 34,958 | 0.3 | 2,710,558 | |
Other Securities | 3.2 | 34,319,215 | ||
4.1 | 43,819,174 | |||
United Kingdom 15.0% | ||||
BBA Aviation plc | 630,170 | 0.2 | 2,391,760 | |
Hiscox Ltd. | 181,755 | 0.2 | 2,456,271 | |
Melrose Industries plc | 1,108,004 | 0.3 | 2,940,292 | |
Phoenix Group Holdings | 225,077 | 0.2 | 2,151,060 | |
RPC Group plc | 251,118 | 0.3 | 2,853,045 | |
Spectris plc | 71,203 | 0.2 | 2,153,102 | |
Spirax-Sarco Engineering plc | 40,753 | 0.2 | 2,256,223 | |
TP ICAP plc | 324,222 | 0.2 | 1,972,929 | |
UBM plc | 240,546 | 0.2 | 2,231,546 | |
Other Securities | 13.0 | 136,909,209 | ||
15.0 | 158,315,437 | |||
Total Common Stock | ||||
(Cost $986,718,908) | 1,052,472,751 |
Security | Number of Shares | % of Net Assets | Value ($) | |
Preferred Stock 0.3% of net assets | ||||
Germany 0.2% | ||||
Other Securities | 0.2 | 2,523,142 | ||
Sweden 0.1% | ||||
Other Securities | 0.1 | 416,529 | ||
Total Preferred Stock | ||||
(Cost $2,862,287) | 2,939,671 | |||
Other Investment Companies 2.3% of net assets | ||||
United States 2.3% | ||||
Money Market Fund 0.0% | ||||
Other Securities | 0.0 | 467,117 | ||
Securities Lending Collateral 2.3% | ||||
Wells Fargo Government Money Market Fund, Select Class 0.48% (b) | 2.3 | 24,136,021 | ||
Total Other Investment Companies | ||||
(Cost $24,603,138) | 24,603,138 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $22,737,206. |
(b) | The rate shown is the 7-day yield. |
(c) | Fair-valued by management in accordance with procedures approved by the Board of Trustees. |
CVA — | Dutch Certificate |
Reg'd — | Registered |
REIT — | Real Estate Investment Trust |
Number of Contracts | Contract Value ($) | Unrealized Depreciation ($) | ||||
Futures Contracts | ||||||
MSCI EAFE, e-mini, Long, expires 03/17/17 | 25 | 2,181,875 | (6,927) |
Description | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |
Common Stock1 | $943,368,320 | $— | $— * | $943,368,320 | |
Hong Kong | 23,222,880 | — | 454,336 * | 23,677,216 | |
Italy | 33,864,784 | — | 203,203 | 34,067,987 | |
Republic of Korea | 50,884,377 | — | 474,851 | 51,359,228 | |
Preferred Stock1 | 2,939,671 | — | — | 2,939,671 | |
Other Investment Companies1 | 24,603,138 | — | — | 24,603,138 | |
Total | $1,078,883,170 | $— | $1,132,390 | $1,080,015,560 | |
Liabilities Valuation Input | |||||
Other Financial Instruments | |||||
Futures Contracts2 | ($6,927) | $— | $— | ($6,927) |
* | Level 3 amount shown includes securities determined to have no value at February 28, 2017. |
1 | As categorized in the complete schedule of Portfolio Holdings. |
2 | Futures contracts are not included in Investments in the schedule of Condensed Portfolio Holdings and are valued at unrealized appreciation or depreciation. |
Assets | ||
Investments, at value (cost $990,048,312) including securities on loan of $22,737,206 | $1,055,879,539 | |
Collateral invested for securities on loan, at value (cost $24,136,021) | + | 24,136,021 |
Total investments, at value (cost $1,014,184,333) | 1,080,015,560 | |
Deposit with broker for futures contracts | 210,000 | |
Foreign currency, at value (cost $725,301) | 726,906 | |
Receivables: | ||
Dividends | 1,269,912 | |
Foreign tax reclaims | 334,724 | |
Income from securities on loan | + | 66,053 |
Total assets | 1,082,623,155 | |
Liabilities | ||
Collateral held for securities on loan | 24,136,021 | |
Payables: | ||
Investment adviser fees | 126,811 | |
Variation margin on futures contracts | + | 3,250 |
Total liabilities | 24,266,082 | |
Net Assets | ||
Total assets | 1,082,623,155 | |
Total liabilities | – | 24,266,082 |
Net assets | $1,058,357,073 | |
Net Assets by Source | ||
Capital received from investors | 1,052,454,893 | |
Distributions in excess of net investment income | (4,639,196) | |
Net realized capital losses | (55,291,160) | |
Net unrealized capital appreciation | 65,832,536 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$1,058,357,073 | 34,600,000 | $30.59 | ||
Investment Income | ||
Dividends (net of foreign withholding tax of $752,929) | $7,443,917 | |
Securities on loan, net | + | 515,140 |
Total investment income | 7,959,057 | |
Expenses | ||
Investment adviser fees | 709,136 | |
Professional fees | + | 221* |
Total expenses | 709,357 | |
Expense reduction by CSIM | – | 221* |
Net expenses | – | 709,136 |
Net investment income | 7,249,921 | |
Realized and Unrealized Gains (Losses) | ||
Net realized losses on investments | (9,481,630) | |
Net realized gains on in-kind redemptions | 6,426,452 | |
Net realized losses on futures contracts | (19,008) | |
Net realized losses on foreign currency transactions | + | (214,826) |
Net realized losses | (3,289,012) | |
Net change in unrealized appreciation (depreciation) on investments | 35,230,853 | |
Net change in unrealized appreciation (depreciation) on futures contracts | (6,927) | |
Net change in unrealized appreciation (depreciation) on foreign currency translations | + | 25,295 |
Net change in unrealized appreciation (depreciation) | + | 35,249,221 |
Net realized and unrealized gains | 31,960,209 | |
Increase in net assets resulting from operations | $39,210,130 |
* | Includes professional fees associated with the filing of tax claims in the European Union deemed to be non-routine expenses of the fund. See financial notes 2 (d) and 4 for additional information. |
Operations | ||||
9/1/16-2/28/17 | 9/1/15-8/31/16 | |||
Net investment income | $7,249,921 | $15,854,525 | ||
Net realized losses | (3,289,012) | (5,889,467) | ||
Net change in unrealized appreciation (depreciation) | + | 35,249,221 | 19,199,793 | |
Increase in net assets resulting from operations | 39,210,130 | 29,164,851 | ||
Distributions to Shareholders | ||||
Distributions from net investment income | ($18,024,160) | ($15,625,200) |
Transactions in Fund Shares | ||||||||
9/1/16-2/28/17 | 9/1/15-8/31/16 | |||||||
SHARES | VALUE | SHARES | VALUE | |||||
Shares sold | 9,100,000 | $273,184,070 | 6,300,000 | $184,797,227 | ||||
Shares redeemed | + | (800,000) | (23,964,433) | (700,000) | (20,158,435) | |||
Net transactions in fund shares | 8,300,000 | $249,219,637 | 5,600,000 | $164,638,792 | ||||
Shares Outstanding and Net Assets | ||||||||
9/1/16-2/28/17 | 9/1/15-8/31/16 | |||||||
SHARES | NET ASSETS | SHARES | NET ASSETS | |||||
Beginning of period | 26,300,000 | $787,951,466 | 20,700,000 | $609,773,023 | ||||
Total increase | + | 8,300,000 | 270,405,607 | 5,600,000 | 178,178,443 | |||
End of period | 34,600,000 | $1,058,357,073 | 26,300,000 | $787,951,466 | ||||
Distributions in excess of net investment income/ Net investment income not yet distributed | ($4,639,196) | $6,135,043 |
9/1/16– 2/28/17* | 9/1/15– 8/31/16 | 9/1/14– 8/31/15 | 9/1/13– 8/31/14 | 9/1/12– 8/31/13 | 9/1/11– 8/31/12 | |
Per-Share Data | ||||||
Net asset value at beginning of period | $22.56 | $20.83 | $27.34 | $22.94 | $23.65 | $26.10 |
Income (loss) from investment operations: | ||||||
Net investment income (loss) | 0.13 1 | 0.58 1 | 0.66 1 | 0.63 | 0.50 | 0.63 |
Net realized and unrealized gains (losses) | 1.15 | 1.64 | (6.49) | 4.40 | (0.65) | (2.51) |
Total from investment operations | 1.28 | 2.22 | (5.83) | 5.03 | (0.15) | (1.88) |
Less distributions: | ||||||
Distributions from net investment income | (0.49) | (0.49) | (0.68) | (0.63) | (0.56) | (0.57) |
Net asset value at end of period | $23.35 | $22.56 | $20.83 | $27.34 | $22.94 | $23.65 |
Total return | 5.89% 2 | 11.02% | (21.62%) | 22.31% | (0.89%) | (7.04%) |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.13% 3,4 | 0.14% | 0.14% | 0.14% | 0.15% | 0.25% |
Net investment income (loss) | 1.17% 3 | 2.85% | 2.66% | 2.89% | 2.63% | 2.96% |
Portfolio turnover rate5 | 5% 2 | 10% | 8% | 9% | 15% | 9% |
Net assets, end of period (x 1,000) | $2,666,838 | $2,009,874 | $1,276,740 | $1,273,840 | $811,915 | $515,595 |
* | Unaudited. |
Holdings by Category | Cost ($) | Value ($) | |
97.1% | Common Stock | 2,419,418,416 | 2,588,688,968 |
2.8% | Preferred Stock | 69,069,986 | 73,978,458 |
0.0% | Rights | — | 107,091 |
0.3% | Other Investment Companies | 9,008,404 | 9,008,404 |
100.2% | Total Investments | 2,497,496,806 | 2,671,782,921 |
(0.2%) | Other Assets and Liabilities, Net | (4,945,107) | |
100.0% | Net Assets | 2,666,837,814 |
Security | Number of Shares | % of Net Assets | Value ($) | |
Common Stock 97.1% of net assets | ||||
Brazil 7.7% | ||||
Ambev S.A. ADR | 3,521,076 | 0.8 | 20,034,923 | |
Itau Unibanco Holding S.A. ADR | 2,415,371 | 1.2 | 30,892,595 | |
Petroleo Brasileiro S.A. * | 2,811,834 | 0.5 | 14,425,223 | |
Vale S.A. | 1,030,589 | 0.4 | 10,839,239 | |
Vale S.A. ADR | 1,514,655 | 0.6 | 14,919,352 | |
Other Securities | 4.2 | 115,051,128 | ||
7.7 | 206,162,460 | |||
Chile 1.4% | ||||
Other Securities | 1.4 | 36,749,090 | ||
China 25.8% | ||||
Agricultural Bank of China Ltd., H Shares | 19,767,382 | 0.3 | 9,116,610 | |
Bank of China Ltd., H Shares | 55,637,697 | 1.1 | 28,168,445 | |
China Construction Bank Corp., H Shares | 67,910,677 | 2.1 | 55,903,642 | |
China Life Insurance Co., Ltd., H Shares | 5,536,605 | 0.6 | 16,868,477 | |
China Mobile Ltd. | 3,928,105 | 1.6 | 43,316,967 | |
China Overseas Land & Investment Ltd. | 2,910,254 | 0.3 | 8,960,453 | |
China Petroleum & Chemical Corp., H Shares | 19,110,436 | 0.6 | 14,820,685 | |
CNOOC Ltd. | 11,930,894 | 0.5 | 14,109,670 | |
Industrial & Commercial Bank of China Ltd., H Shares | 53,185,539 | 1.3 | 34,874,865 | |
PetroChina Co., Ltd., H Shares | 15,818,525 | 0.5 | 12,043,553 | |
Ping An Insurance Group Co. of China Ltd., H Shares | 3,748,426 | 0.7 | 19,991,734 | |
Tencent Holdings Ltd. | 4,009,186 | 4.0 | 106,912,315 | |
Other Securities | 12.2 | 321,845,112 | ||
25.8 | 686,932,528 | |||
Security | Number of Shares | % of Net Assets | Value ($) | |
Colombia 0.5% | ||||
Other Securities | 0.5 | 12,636,971 | ||
Czech Republic 0.2% | ||||
Other Securities | 0.2 | 5,805,109 | ||
Egypt 0.2% | ||||
Other Securities | 0.2 | 4,996,722 | ||
Greece 0.4% | ||||
Other Securities | 0.4 | 10,505,627 | ||
Hungary 0.3% | ||||
Other Securities | 0.3 | 9,486,698 | ||
India 12.2% | ||||
Housing Development Finance Corp., Ltd. | 1,167,601 | 0.9 | 23,976,345 | |
Infosys Ltd. | 1,405,474 | 0.8 | 21,326,867 | |
Reliance Industries Ltd. | 1,180,958 | 0.8 | 21,914,155 | |
Tata Consultancy Services Ltd. | 349,790 | 0.5 | 12,929,942 | |
Other Securities | 9.2 | 244,274,580 | ||
12.2 | 324,421,889 | |||
Indonesia 2.6% | ||||
PT Astra International Tbk | 14,694,867 | 0.3 | 9,035,536 | |
PT Bank Central Asia Tbk | 9,131,743 | 0.4 | 10,579,291 | |
PT Telekomunikasi Indonesia (Persero) Tbk | 37,400,639 | 0.4 | 10,797,275 | |
Other Securities | 1.5 | 40,144,470 | ||
2.6 | 70,556,572 | |||
Malaysia 3.5% | ||||
Public Bank Berhad | 2,368,854 | 0.4 | 10,649,172 | |
Other Securities | 3.1 | 81,751,204 | ||
3.5 | 92,400,376 | |||
Mexico 4.3% | ||||
America Movil S.A.B. de C.V., Series L | 21,909,064 | 0.5 | 13,972,093 | |
Fomento Economico Mexicano S.A.B. de C.V. | 1,629,004 | 0.5 | 13,185,051 |
Security | Number of Shares | % of Net Assets | Value ($) | |
Grupo Televisa S.A.B., Series CPO | 1,851,255 | 0.4 | 9,474,455 | |
Other Securities | 2.9 | 78,510,248 | ||
4.3 | 115,141,847 | |||
Peru 0.3% | ||||
Other Securities | 0.3 | 8,363,630 | ||
Philippines 1.4% | ||||
Other Securities | 1.4 | 38,325,972 | ||
Poland 1.5% | ||||
Other Securities | 1.5 | 39,294,730 | ||
Qatar 0.6% | ||||
Other Securities | 0.6 | 15,505,949 | ||
Russia 4.6% | ||||
Gazprom PAO ADR | 4,156,434 | 0.7 | 18,539,774 | |
LUKOIL PJSC * | 350,106 | 0.7 | 18,488,988 | |
NOVATEK OAO * | 836,639 | 0.4 | 10,795,111 | |
Sberbank of Russia PJSC * | 7,525,000 | 0.8 | 20,088,560 | |
Other Securities | 2.0 | 53,763,047 | ||
4.6 | 121,675,480 | |||
South Africa 8.8% | ||||
MTN Group Ltd. | 1,279,644 | 0.4 | 11,719,308 | |
Naspers Ltd., N Shares | 317,054 | 1.9 | 50,846,687 | |
Sasol Ltd. | 419,583 | 0.4 | 11,965,173 | |
Standard Bank Group Ltd. | 895,471 | 0.4 | 9,804,312 | |
Steinhoff International Holdings N.V. | 2,002,306 | 0.4 | 10,689,681 | |
Other Securities | 5.3 | 140,509,594 | ||
8.8 | 235,534,755 | |||
Taiwan 14.7% | ||||
Cathay Financial Holding Co., Ltd. | 6,043,189 | 0.4 | 9,490,581 | |
Chunghwa Telecom Co., Ltd. ADR | 281,685 | 0.3 | 9,258,986 | |
Formosa Chemicals & Fibre Corp. | 3,199,008 | 0.4 | 10,120,708 | |
Formosa Plastics Corp. | 3,637,560 | 0.4 | 10,963,531 | |
Hon Hai Precision Industry Co., Ltd. | 11,194,365 | 1.2 | 32,610,076 | |
Largan Precision Co., Ltd. | 73,256 | 0.4 | 10,872,699 | |
Nan Ya Plastics Corp. | 4,212,816 | 0.4 | 10,229,176 | |
Taiwan Semiconductor Manufacturing Co., Ltd. ADR | 3,498,498 | 4.1 | 110,097,732 | |
Other Securities | 7.1 | 187,604,080 | ||
14.7 | 391,247,569 | |||
Thailand 3.7% | ||||
PTT PCL NVDR | 1,045,100 | 0.4 | 11,886,514 | |
The Siam Cement PCL NVDR | 628,500 | 0.3 | 9,290,971 | |
Other Securities | 3.0 | 77,399,965 | ||
3.7 | 98,577,450 | |||
Turkey 1.3% | ||||
Other Securities | 1.3 | 34,176,692 | ||
Security | Number of Shares | % of Net Assets | Value ($) | |
United Arab Emirates 1.1% | ||||
Other Securities | 1.1 | 30,190,852 | ||
Total Common Stock | ||||
(Cost $2,419,418,416) | 2,588,688,968 | |||
Preferred Stock 2.8% of net assets | ||||
Brazil 2.4% | ||||
Banco Bradesco S.A. | 2,036,240 | 0.8 | 21,874,362 | |
Itausa - Investimentos Itau S.A. | 2,902,418 | 0.4 | 9,366,852 | |
Petroleo Brasileiro S.A. * | 3,259,980 | 0.6 | 15,906,942 | |
Other Securities | 0.6 | 18,010,066 | ||
2.4 | 65,158,222 | |||
Colombia 0.1% | ||||
Other Securities | 0.1 | 2,013,284 | ||
Russia 0.3% | ||||
Other Securities | 0.3 | 6,806,952 | ||
Total Preferred Stock | ||||
(Cost $69,069,986) | 73,978,458 | |||
Rights 0.0% of net assets | ||||
Brazil 0.0% | ||||
Other Securities | 0.0 | 59,600 | ||
Malaysia 0.0% | ||||
Other Securities | 0.0 | 47,491 | ||
Total Rights | ||||
(Cost $—) | 107,091 | |||
Other Investment Companies 0.3% of net assets | ||||
United States 0.3% | ||||
Money Market Fund 0.2% | ||||
Other Securities | 0.2 | 4,844,444 | ||
Securities Lending Collateral 0.1% | ||||
Other Securities | 0.1 | 4,163,960 | ||
Total Other Investment Companies | ||||
(Cost $9,008,404) | 9,008,404 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $3,878,198. |
(b) | Fair-valued by management in accordance with procedures approved by the Board of Trustees. |
(c) | The rate shown is the 7-day yield. |
ADR — | American Depositary Receipt |
GDR — | Global Depositary Receipt |
NVDR — | Non-Voting Depositary Receipt |
Reg'd — | Registered |
REIT — | Real Estate Investment Trust |
Number of Contracts | Contract Value ($) | Unrealized Appreciation ($) | ||||
Futures Contracts | ||||||
MSCI Emerging Markets Index, e-mini, Long, expires 03/17/17 | 115 | 5,352,100 | 42,234 |
Description | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |
Common Stock1 | $2,573,183,019 | $— | $— | $2,573,183,019 | |
Qatar | 13,433,631 | — | 2,072,318 | 15,505,949 | |
Preferred Stock1 | 73,978,458 | — | — | 73,978,458 | |
Rights 1 | |||||
Brazil 1 | — | — | 59,600 | 59,600 | |
Malaysia 1 | — | — | 47,491 | 47,491 | |
Other Investment Companies1 | 9,008,404 | — | — | 9,008,404 | |
Total | $2,669,603,512 | $— | $2,179,409 | $2,671,782,921 | |
Other Financial Instruments | |||||
Futures Contracts2 | $42,234 | $— | $— | $42,234 |
1 | As categorized in the complete schedule of Portfolio Holdings. |
2 | Futures contracts are not included in Investments in the schedule of Condensed Portfolio Holdings and are valued at unrealized appreciation or depreciation. |
Assets | ||
Investments, at value (cost $2,493,332,846) including securities on loan of $3,878,198 | $2,667,618,961 | |
Collateral invested for securities on loan, at value (cost $4,163,960) | + | 4,163,960 |
Total investments, at value (cost $2,497,496,806) | 2,671,782,921 | |
Deposit with broker for futures contracts | 360,000 | |
Foreign currency, at value (cost $2,880,251) | 2,876,854 | |
Receivables: | ||
Dividends | 2,895,266 | |
Fund shares sold | 53,597 | |
Foreign tax reclaims | 15,715 | |
Income from securities on loan | + | 11,493 |
Total assets | 2,677,995,846 | |
Liabilities | ||
Collateral held for securities on loan | 4,163,960 | |
Payables: | ||
Investments bought | 4,174,450 | |
Investment adviser fees | 257,452 | |
Foreign capital gains tax | 2,507,425 | |
Variation margin on futures contracts | 46,000 | |
Due to custodian | + | 8,745 |
Total liabilities | 11,158,032 | |
Net Assets | ||
Total assets | 2,677,995,846 | |
Total liabilities | – | 11,158,032 |
Net assets | $2,666,837,814 | |
Net Assets by Source | ||
Capital received from investors | 2,725,436,263 | |
Distributions in excess of net investment income | (4,934,751) | |
Net realized capital losses | (225,530,346) | |
Net unrealized capital appreciation | 171,866,648 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$2,666,837,814 | 114,200,000 | $23.35 | ||
Investment Income | ||
Dividends (net of foreign withholding tax of $1,618,465) | $14,418,380 | |
Securities on loan, net | + | 60,197 |
Total investment income | 14,478,577 | |
Expenses | ||
Investment adviser fees | 1,463,380 | |
Professional fees | + | 6,177* |
Total expenses | 1,469,557 | |
Expense reduction by CSIM | – | 6,177* |
Net expenses | – | 1,463,380 |
Net investment income | 13,015,197 | |
Realized and Unrealized Gains (Losses) | ||
Net realized losses on investments | (35,511,467) | |
Net realized gains on futures contracts | 7,345 | |
Net realized losses on foreign currency transactions | + | (278,214) |
Net realized losses | (35,782,336) | |
Net change in unrealized appreciation (depreciation) on investments (net of change in foreign capital gains tax of $583,933) | 159,675,493 | |
Net change in unrealized appreciation (depreciation) on futures contracts | 124,978 | |
Net change in unrealized appreciation (depreciation) on foreign currency translations | + | 28,757 |
Net change in unrealized appreciation (depreciation) | + | 159,829,228 |
Net realized and unrealized gains | 124,046,892 | |
Increase in net assets resulting from operations | $137,062,089 |
* | Includes professional fees associated with the filing of tax claims in the European Union deemed to be non-routine expenses of the fund. See financial notes 2 (d) and 4 for additional information. |
Operations | ||||
9/1/16-2/28/17 | 9/1/15-8/31/16 | |||
Net investment income | $13,015,197 | $44,702,574 | ||
Net realized losses | (35,782,336) | (61,534,041) | ||
Net change in unrealized appreciation (depreciation) | + | 159,829,228 | 211,214,059 | |
Increase in net assets resulting from operations | 137,062,089 | 194,382,592 | ||
Distributions to Shareholders | ||||
Distributions from net investment income | ($49,865,640) | ($35,546,040) |
Transactions in Fund Shares | ||||||||
9/1/16-2/28/17 | 9/1/15-8/31/16 | |||||||
SHARES | VALUE | SHARES | VALUE | |||||
Shares sold | 25,100,000 | $569,767,571 | 27,800,000 | $574,297,285 | ||||
Shares redeemed | + | — | — | — | — | |||
Net transactions in fund shares | 25,100,000 | $569,767,571 | 27,800,000 | $574,297,285 | ||||
Shares Outstanding and Net Assets | ||||||||
9/1/16-2/28/17 | 9/1/15-8/31/16 | |||||||
SHARES | NET ASSETS | SHARES | NET ASSETS | |||||
Beginning of period | 89,100,000 | $2,009,873,794 | 61,300,000 | $1,276,739,957 | ||||
Total increase | + | 25,100,000 | 656,964,020 | 27,800,000 | 733,133,837 | |||
End of period | 114,200,000 | $2,666,837,814 | 89,100,000 | $2,009,873,794 | ||||
Distributions in excess of net investment income/ Net investment income not yet distributed | ($4,934,751) | $31,915,692 |
SCHWAB STRATEGIC TRUST (ORGANIZED JANUARY 27, 2009) | |
Schwab International Equity ETF | Schwab U.S. TIPS ETF™ |
Schwab International Small-Cap Equity ETF | Schwab Short-Term U.S. Treasury ETF™ |
Schwab Emerging Markets Equity ETF | Schwab Intermediate-Term U.S. Treasury ETF™ |
Schwab U.S. Broad Market ETF™ | Schwab U.S. Aggregate Bond ETF™ |
Schwab U.S. Large-Cap ETF™ | Schwab Fundamental U.S. Broad Market Index ETF |
Schwab U.S. Large-Cap Growth ETF™ | Schwab Fundamental U.S. Large Company Index ETF |
Schwab U.S. Large-Cap Value ETF™ | Schwab Fundamental U.S. Small Company Index ETF |
Schwab U.S. Mid-Cap ETF™ | Schwab Fundamental International Large Company Index ETF |
Schwab U.S. Small-Cap ETF™ | Schwab Fundamental International Small Company Index ETF |
Schwab U.S. Dividend Equity ETF™ | Schwab Fundamental Emerging Markets Large Company Index ETF |
Schwab U.S. REIT ETF™ |
2. Significant Accounting Policies:
3. Risk Factors:
4. Affiliates and Affiliated Transactions:
Schwab International Equity ETF | Schwab International Small-Cap Equity ETF | Schwab Emerging Markets Equity ETF |
0.07% 1,2 | 0.16% 2 | 0.13% 1 |
1 | Prior to October 7, 2016, the advisory fees of the Schwab International Equity ETF and Schwab Emerging Markets Equity ETF were 0.08% and 0.14%, respectively. |
2 | Subsequent to the reporting period ended February 28, 2017, and effective March 1, 2017, the advisory fees of the Schwab International Equity ETF and Schwab International Small-Cap ETF were reduced to 0.06% and 0.12%, respectively. |
Underlying Funds | |||||
Schwab International Equity ETF | Schwab International Small-Cap Equity ETF | Schwab Emerging Markets Equity ETF | |||
Schwab VIT Balanced Portfolio | 0.1% | 0.1% | 0.1% | ||
Schwab VIT Balanced with Growth Portfolio | 0.3% | 0.4% | 0.3% | ||
Schwab VIT Growth Portfolio | 0.4% | 0.6% | 0.4% | ||
Schwab Target 2010 Index Fund | 0.0%* | -% | -% | ||
Schwab Target 2015 Index Fund | 0.0%* | -% | -% | ||
Schwab Target 2020 Index Fund | 0.0%* | -% | 0.0%* | ||
Schwab Target 2025 Index Fund | 0.0%* | -% | 0.0%* | ||
Schwab Target 2030 Index Fund | 0.0%* | -% | 0.0%* | ||
Schwab Target 2035 Index Fund | 0.0%* | -% | 0.0%* | ||
Schwab Target 2040 Index Fund | 0.0%* | -% | 0.0%* | ||
Schwab Target 2045 Index Fund | 0.0%* | -% | 0.0%* | ||
Schwab Target 2050 Index Fund | 0.0%* | -% | 0.0%* | ||
Schwab Target 2055 Index Fund | 0.0%* | -% | 0.0%* | ||
Schwab Target 2060 Index Fund | 0.0%* | -% | 0.0%* |
* | Less than 0.05% |
Total Aggregate Transactions | Realized Gains (Losses) | |
Schwab International Equity ETF | $23,877,210 | ($9,508,698) |
Schwab International Small-Cap Equity ETF | 9,721,707 | (427,810) |
Schwab Emerging Markets Equity ETF | 7,675,191 | (4,360,082) |
5. Other Service Providers:
6. Board of Trustees:
7. Borrowing from Banks:
8. Derivatives:
Contract Values | Number of Contracts | |
Schwab International Equity ETF | $27,967,413 | 332 |
Schwab International Small-Cap Equity ETF | 2,709,406 | 32 |
Schwab Emerging Markets Equity ETF | 5,112,804 | 114 |
9. Purchases and Sales/Maturities of Investment Securities:
Purchases of Securities | Sales/Maturities of Securities | |
Schwab International Equity ETF | $241,057,693 | $255,804,490 |
Schwab International Small-Cap Equity ETF | 66,928,672 | 57,185,852 |
Schwab Emerging Markets Equity ETF | 428,090,689 | 103,605,769 |
10. In-Kind Transactions:
In-Kind Purchases of Securities | In-Kind Sales of Securities | |
Schwab International Equity ETF | $1,301,847,102 | $— |
Schwab International Small-Cap Equity ETF | 250,532,233 | 22,855,447 |
Schwab Emerging Markets Equity ETF | 208,802,716 | — |
Expiration Date | Schwab International Equity ETF | Schwab International Small-Cap Equity ETF | Schwab Emerging Markets Equity ETF | ||
August 31, 2019 | $2,345,874 | $215,545 | $1,091,404 | ||
No expiration* | 180,861,261 | 50,875,015 | 164,638,143 | ||
Total | $183,207,135 | $51,090,560 | $165,729,547 |
* | As a result of the passage of the Regulated Investment Company Modernization Act of 2010, capital losses incurred after December 31, 2010 may now be carried forward indefinitely, but must retain the character of the original loss. |
12. Recent Regulatory Development:
13. Subsequent Events:
Independent Trustees | |||
Name, Year of Birth, and Position(s) with the trust (Terms of office, and length of Time Served1) | Principal Occupations During the Past Five Years | Number of Portfolios in Fund Complex Overseen by the Trustee | Other Directorships |
Robert W. Burns 1959 Trustee (Trustee of Schwab Strategic Trust since 2009; The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2016) | Retired/Private Investor (Jan. 2009 – present). Formerly, Managing Director, Pacific Investment Management Company, LLC (PIMCO) and President, PIMCO Funds. | 110 | Director, PS Business Parks, Inc. (2005 – 2012) |
John F. Cogan 1947 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust and Schwab Annuity Portfolios since 2008; Laudus Trust since 2010; Schwab Strategic Trust since 2016) | Senior Fellow, The Hoover Institution at Stanford University (Oct. 1979 – present); Senior Fellow, Stanford Institute for Economic Policy Research (2000 – present); Professor of Public Policy, Stanford University (1994 – 2015). | 110 | Director, Gilead Sciences, Inc. (2005 – present) |
Stephen Timothy Kochis 1946 Trustee (Trustee of Schwab Strategic Trust since 2012; The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2016) | CEO and Owner, Kochis Global (wealth management consulting) (May 2012 – present); Chairman and CEO, Aspiriant, LLC (wealth management) (Jan. 2008 – Apr. 2012). | 110 | None |
David L. Mahoney 1954 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2011; Schwab Strategic Trust since 2016) | Private Investor. | 110 | Director, Symantec Corporation (2003 – present) Director, Corcept Therapeutics Incorporated (2004 – present) Director, Adamas Pharmaceuticals, Inc. (2009 – present) |
Independent Trustees (continued) | |||
Name, Year of Birth, and Position(s) with the trust (Terms of office, and length of Time Served1) | Principal Occupations During the Past Five Years | Number of Portfolios in Fund Complex Overseen by the Trustee | Other Directorships |
Kiran M. Patel 1948 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2011; Schwab Strategic Trust since 2016) | Retired. Executive Vice President and General Manager of Small Business Group, Intuit, Inc. (financial software and services firm for consumers and small businesses) (Dec. 2008 – Sept. 2013). | 110 | Director, KLA-Tencor Corporation (2008 – present) |
Kimberly S. Patmore 1956 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2016) | Consultant, Patmore Management Consulting (management consulting) (2008 – present). | 110 | None |
Charles A. Ruffel 1956 Trustee (Trustee of Schwab Strategic Trust since 2009; The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2015) | Co-Chief Executive Officer, Kudu Investment Management, LLC (financial services) (Jan. 2015 – present); Partner, Kudu Advisors, LLC (financial services) (June 2008 – Jan. 2015); Advisor, Asset International, Inc. (publisher of financial services information) (Aug. 2008 – Jan. 2015). | 110 | None |
Gerald B. Smith 1950 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust and Schwab Annuity Portfolios since 2000; Laudus Trust since 2010; Schwab Strategic Trust since 2016) | Chairman, Chief Executive Officer and Founder of Smith Graham & Co. (investment advisors) (Mar. 1990 – present). | 110 | Director, Eaton (2012 – present) Director and Chairman of the Audit Committee, Oneok Partners LP (2003 – 2013) Director, Oneok, Inc. (2009 – 2013) Lead Independent Director, Board of Cooper Industries (2002 – 2012) |
Joseph H. Wender 1944 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust and Schwab Annuity Portfolios since 2008; Laudus Trust since 2010; Schwab Strategic Trust since 2016) | Senior Consultant, Goldman Sachs & Co., Inc. (investment banking and securities firm) (Jan. 2008 – present); Partner, Colgin Partners, LLC (vineyards) (Feb. 1998 – present). | 110 | Board Member and Chairman of the Audit Committee, Ionis Pharmaceuticals (1994 – present) Lead Independent Director and Chair of Audit Committee, OUTFRONT Media Inc. (2014 – present) |
Interested Trustees | |||
Name, Year of Birth, and Position(s) with the trust (Terms of office, and length of Time Served1) | Principal Occupations During the Past Five Years | Number of Portfolios in Fund Complex Overseen by the Trustee | Other Directorships |
Walter W. Bettinger II2 1960 Chairman and Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust and Schwab Annuity Portfolios since 2008; Schwab Strategic Trust since 2009; Laudus Trust since 2010) | Director, President and Chief Executive Officer, The Charles Schwab Corporation (Oct. 2008 – present); President and Chief Executive Officer (Oct. 2008 – present), Director (May 2008 – present), Charles Schwab & Co., Inc.; Director, Charles Schwab Bank (Apr. 2006 – present); Director, Schwab Holdings, Inc. (May 2008 – present); and Director, Charles Schwab Investment Management, Inc. (July 2016 – present). | 110 | Director, The Charles Schwab Corporation (2008 – present) |
Marie A. Chandoha2 1961 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2016) | Director, President and Chief Executive Officer (Dec. 2010 – present), Chief Investment Officer (Sept. 2010 – Oct. 2011), Charles Schwab Investment Management, Inc.; Trustee (Jan. 2016 – present), President, Chief Executive Officer (Dec. 2010 – present), and Chief Investment Officer (Sept. 2010 – Oct. 2011), Schwab Funds, Laudus Funds and Schwab ETFs; Director, Charles Schwab Worldwide Funds plc and Charles Schwab Asset Management (Ireland) Limited (Jan. 2011 – present); Global Head of Fixed Income Business Division, BlackRock, Inc. (formerly Barclays Global Investors) (Mar. 2007 – Aug. 2010). | 110 | None |
Joseph R. Martinetto2 1962 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2016) | Senior Executive Vice President and Chief Financial Officer, The Charles Schwab Corporation and Charles Schwab & Co., Inc. (July 2015 – present); Executive Vice President and Chief Financial Officer of The Charles Schwab Corporation and Charles Schwab & Co., Inc. (May 2007 – July 2015); Director, Charles Schwab & Co., Inc. (May 2007 – present); Director (Apr. 2010 – present) and Chief Executive Officer (July 2013 – Apr. 2015), Charles Schwab Bank; Director, Executive Vice President and Chief Financial Officer (May 2007 – present), Senior Executive Vice President (Feb. 2016 – present), and Executive Vice President (May 2007 – Feb. 2016), Schwab Holdings, Inc. | 110 | None |
Officers of the Trust | |
Name, Year of Birth, and Position(s) with the trust (Terms of office, and length of Time Served3) | Principal Occupations During the Past Five Years |
Marie A. Chandoha 1961 President and Chief Executive Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2010) | Director, President and Chief Executive Officer (Dec. 2010 – present), Chief Investment Officer (Sept. 2010 – Oct. 2011), Charles Schwab Investment Management, Inc.; Trustee (Jan. 2016 – present), President, Chief Executive Officer (Dec. 2010 – present), and Chief Investment Officer (Sept. 2010 – Oct. 2011), Schwab Funds, Laudus Funds and Schwab ETFs; Director, Charles Schwab Worldwide Funds plc and Charles Schwab Asset Management (Ireland) Limited (Jan. 2011 – present); Global Head of Fixed Income Business Division, BlackRock, Inc. (formerly Barclays Global Investors) (Mar. 2007 – Aug. 2010). |
Mark Fischer 1970 Treasurer and Chief Financial Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2013) | Treasurer and Chief Financial Officer, Schwab Funds, Laudus Funds and Schwab ETFs (Jan. 2016 – present); Assistant Treasurer, Schwab Funds and Laudus Funds (Dec. 2013 – Dec. 2015), Schwab ETFs (Nov. 2013 – Dec. 2015); Vice President, Charles Schwab Investment Management, Inc. (Oct. 2013 – present); Executive Director, J.P. Morgan Investor Services (Apr. 2011 – Sept. 2013); Assistant Treasurer, Massachusetts Financial Service Investment Management (May 2005 – Mar. 2011). |
Officers of the Trust (continued) | |
Name, Year of Birth, and Position(s) with the trust (Terms of office, and length of Time Served3) | Principal Occupations During the Past Five Years |
George Pereira 1964 Senior Vice President and Chief Operating Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust and Schwab Annuity Portfolios since 2004; Laudus Trust since 2006; Schwab Strategic Trust since 2009) | Senior Vice President and Chief Financial Officer (Nov. 2004 – present), Chief Operating Officer (Jan. 2011 – present), Charles Schwab Investment Management, Inc.; Senior Vice President and Chief Operating Officer (Jan. 2016 – present), Treasurer and Chief Financial Officer, Laudus Funds (June 2006 – Dec. 2015); Treasurer and Principal Financial Officer, Schwab Funds (Nov. 2004 – Dec. 2015) and Schwab ETFs (Oct. 2009 – Dec. 2015); Director, Charles Schwab Worldwide Funds plc and Charles Schwab Asset Management (Ireland) Limited (Apr. 2005 – present). |
Omar Aguilar 1970 Senior Vice President and Chief Investment Officer – Equities and Multi-Asset Strategies (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2011) | Senior Vice President and Chief Investment Officer – Equities and Multi-Asset Strategies, Charles Schwab Investment Management, Inc. (Apr. 2011 – present); Senior Vice President and Chief Investment Officer – Equities, Schwab Funds, Laudus Funds and Schwab ETFs (June 2011 – present); Head of the Portfolio Management Group and Vice President of Portfolio Management, Financial Engines, Inc. (May 2009 – Apr. 2011); Head of Quantitative Equity, ING Investment Management (July 2004 – Jan. 2009). |
Brett Wander 1961 Senior Vice President and Chief Investment Officer – Fixed Income (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2011) | Senior Vice President and Chief Investment Officer – Fixed Income, Charles Schwab Investment Management, Inc. (Apr. 2011 – present); Senior Vice President and Chief Investment Officer – Fixed Income, Schwab Funds, Laudus Funds and Schwab ETFs (June 2011 – present); Senior Managing Director, Global Head of Active Fixed-Income Strategies, State Street Global Advisors (Jan. 2008 – Oct. 2010); Director of Alpha Strategies Loomis, Sayles & Company (Apr. 2006 – Jan. 2008). |
David Lekich 1964 Chief Legal Officer and Secretary, Schwab Funds and Schwab ETFs Vice President and Assistant Clerk, Laudus Funds (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2011) | Senior Vice President (Sept. 2011 – present), Vice President (Mar. 2004 – Sept. 2011), Charles Schwab & Co., Inc.; Senior Vice President and Chief Counsel (Sept. 2011 – present), Vice President (Jan. 2011 – Sept. 2011), Charles Schwab Investment Management, Inc.; Secretary (Apr. 2011 – present) and Chief Legal Officer (Dec. 2011 – present), Schwab Funds; Vice President and Assistant Clerk, Laudus Funds (Apr. 2011 – present); Secretary (May 2011 – present) and Chief Legal Officer (Nov. 2011 – present), Schwab ETFs. |
Catherine MacGregor 1964 Vice President and Assistant Secretary, Schwab Funds and Schwab ETFs Chief Legal Officer, Vice President and Clerk, Laudus Funds (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2005; Schwab Strategic Trust since 2009) | Vice President, Charles Schwab & Co., Inc., Charles Schwab Investment Management, Inc. (July 2005 – present); Vice President (Dec. 2005 – present), Chief Legal Officer and Clerk (Mar. 2007 – present), Laudus Funds; Vice President (Nov. 2005 – present) and Assistant Secretary (June 2007 – present), Schwab Funds; Vice President and Assistant Secretary, Schwab ETFs (Oct. 2009 – present). |
1 | Each Trustee shall hold office until the election and qualification of his or her successor, or until he or she dies, resigns or is removed. The retirement policy requires that each independent trustee retire by December 31 of the year in which the Trustee turns 74 or the Trustee’s twentieth year of service as an independent trustee on any trust in the Fund Complex, whichever occurs first. |
2 | Mr. Bettinger, Ms. Chandoha, and Mr. Martinetto are Interested Trustees because they own stock of The Charles Schwab Corporation, the parent company of the investment adviser. |
3 | The President, Treasurer and Secretary/Clerk hold office until their respective successors are chosen and qualified or until he or she sooner dies, resigns, is removed or becomes disqualified. Each of the other officers serves at the pleasure of the Board. |
Index ETF
Printed on recycled paper.
* | FUNDAMENTAL INDEX is a registered trademark of Research Affiliates LLC. |
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Table of Contents
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Growth ETF™
Value ETF™
Equity ETF™
Total Returns for the 6 Months Ended February 28, 2017 | |
Schwab U.S. Broad Market ETF (Ticker Symbol: SCHB) | |
Market Price Return1 | 10.32% |
NAV Return1 | 10.26% |
Dow Jones U.S. Broad Stock Market Index | 10.26% |
ETF Category: Morningstar Large Blend2 | 9.46% |
Performance Details | pages 7-8 |
Schwab U.S. Large-Cap ETF (Ticker Symbol: SCHX) | |
Market Price Return1 | 10.10% |
NAV Return1 | 10.18% |
Dow Jones U.S. Large-Cap Total Stock Market Index | 10.15% |
ETF Category: Morningstar Large Blend2 | 9.46% |
Performance Details | pages 9-10 |
Schwab U.S. Large-Cap Growth ETF (Ticker Symbol: SCHG) | |
Market Price Return1 | 9.60% |
NAV Return1 | 9.58% |
Dow Jones U.S. Large-Cap Growth Total Stock Market Index | 9.62% |
ETF Category: Morningstar Large Growth2 | 7.84% |
Performance Details | pages 11-12 |
Schwab U.S. Large-Cap Value ETF (Ticker Symbol: SCHV) | |
Market Price Return1 | 10.58% |
NAV Return1 | 10.60% |
Dow Jones U.S. Large-Cap Value Total Stock Market Index | 10.62% |
ETF Category: Morningstar Large Value2 | 10.79% |
Performance Details | pages 13-14 |
Total Returns for the 6 Months Ended February 28, 2017 | |
Schwab U.S. Mid-Cap ETF (Ticker Symbol: SCHM) | |
Market Price Return1 | 9.69% |
NAV Return1 | 9.64% |
Dow Jones U.S. Mid-Cap Total Stock Market Index | 9.68% |
ETF Category: Morningstar Mid-Cap Blend2 | 10.00% |
Performance Details | pages 15-16 |
Schwab U.S. Small-Cap ETF (Ticker Symbol: SCHA) | |
Market Price Return1 | 11.26% |
NAV Return1 | 11.21% |
Dow Jones U.S. Small-Cap Total Stock Market Index | 11.21% |
ETF Category: Morningstar Small Blend2 | 12.00% |
Performance Details | pages 17-18 |
Schwab U.S. Dividend Equity ETF (Ticker Symbol: SCHD) | |
Market Price Return1 | 7.14% |
NAV Return1 | 7.14% |
Dow Jones U.S. Dividend 100TM Index | 7.19% |
ETF Category: Morningstar Large Value2 | 10.79% |
Performance Details | pages 19-20 |
1 | ETF performance must be shown based on both a market price and NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the market value of securities owned), subtracting liabilities, and dividing by the number of shares outstanding. The NAV Return is based on the NAV of the fund, and the Market Price Return is based on the market price per share of the fund. The price used to calculate market return (Market Price) is determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which the shares of the fund are listed for trading, as of the time that the fund’s NAV is calculated. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively. |
2 | Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs within the category as of the report date. |
![](https://capedge.com/proxy/N-CSRS/0001193125-17-160527/g892426img0f2c78bd2.jpg)
President and CEO of
Charles Schwab Investment
Management, Inc. and the
funds covered in this report.
![](https://capedge.com/proxy/N-CSRS/0001193125-17-160527/g892426img168f884f3.jpg)
1 | Return shown is the fund’s market price return, which is based on the market price per share of the fund. For the definition of market price return, please refer to the glossary. |
![](https://capedge.com/proxy/N-CSRS/0001193125-17-160527/g892426imgcd35217b4.jpg)
![]() | Agnes Hong, CFA, Vice President and Senior Portfolio Manager, is responsible for the day-to-day co-management of the funds. Prior to joining CSIM in 2009, Ms. Hong spent five years as a portfolio manager at Barclays Global Investors (subsequently acquired by BlackRock), where she managed institutional index funds and quantitative active funds. Prior to that, Ms. Hong worked in management consulting and product management, servicing global financial services clients. |
![]() | Ferian Juwono, CFA, Managing Director and Senior Portfolio Manager, is responsible for the day-to-day co-management of the funds. Prior to joining CSIM in 2010, Mr. Juwono worked at BlackRock (formerly Barclays Global Investors), where he spent more than three years as a portfolio manager, managing equity index funds for institutional clients, and nearly two years as a senior business analyst. Prior to that, Mr. Juwono worked for more than four years as a senior financial analyst with Union Bank of California. |
![]() | Chuck Craig, CFA, Managing Director and Senior Portfolio Manager, is responsible for the day-to-day co-management of the funds. Prior to joining CSIM in 2012, Mr. Craig worked at Guggenheim Funds (formerly Claymore Group), where he spent more than five years as a managing director of portfolio management and supervision, and three years as vice president of product research and development. Prior to that, he worked as an equity research analyst at First Trust Portfolios (formerly Niké Securities), and a trader and analyst at PMA Securities, Inc. |
Fund and Inception Date | 6 Months | 1 Year | 5 Years | Since Inception* |
Fund: Schwab U.S. Broad Market ETF (11/3/09) | ||||
Market Price Return2 | 10.32% | 26.28% | 13.82% | 14.40% |
NAV Return2 | 10.26% | 26.17% | 13.79% | 14.40% |
Dow Jones U.S. Broad Stock Market Index | 10.26% | 26.22% | 13.80% | 14.42% |
ETF Category: Morningstar Large Blend3 | 9.46% | 23.36% | 12.33% | 12.09% |
Fund Expense Ratio4: 0.03% |
* | Inception (11/3/09) represents the date that the shares began trading in the secondary market. |
1 | Performance does not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption of fund shares. |
2 | ETF performance must be shown based on both a market price and NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the market value of securities owned), subtracting liabilities, and dividing by the number of shares outstanding. The NAV Return is based on the NAV of the fund, and the Market Price Return is based on the market price per share of the fund. The price used to calculate market return (Market Price) is determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which the shares of the fund are listed for trading, as of the time that the fund’s NAV is calculated. NAV is used as a proxy for purposes of calculating Market Price Return on inception date. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively. |
3 | Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs within the category as of the report date. |
4 | As stated in the prospectus. |
Number of Holdings | 1,993 |
Weighted Average Market Cap (millions) | $133,590 |
Price/Earnings Ratio (P/E) | 21.3 |
Price/Book Ratio (P/B) | 2.9 |
Portfolio Turnover Rate1,2 | 2% |
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1 | Not annualized. |
2 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
3 | This list is not a recommendation of any security by the investment adviser. |
Fund and Inception Date | 6 Months | 1 Year | 5 Years | Since Inception* |
Fund: Schwab U.S. Large-Cap ETF (11/3/09) | ||||
Market Price Return2 | 10.10% | 25.42% | 13.80% | 14.19% |
NAV Return2 | 10.18% | 25.40% | 13.81% | 14.20% |
Dow Jones U.S. Large-Cap Total Stock Market Index | 10.15% | 25.41% | 13.86% | 14.28% |
ETF Category: Morningstar Large Blend3 | 9.46% | 23.36% | 12.33% | 12.09% |
Fund Expense Ratio4: 0.03% |
* | Inception (11/3/09) represents the date that the shares began trading in the secondary market. |
1 | Performance does not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption of fund shares. |
2 | ETF performance must be shown based on both a market price and NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the market value of securities owned), subtracting liabilities, and dividing by the number of shares outstanding. The NAV Return is based on the NAV of the fund, and the Market Price Return is based on the market price per share of the fund. The price used to calculate market return (Market Price) is determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which the shares of the fund are listed for trading, as of the time that the fund’s NAV is calculated. NAV is used as a proxy for purposes of calculating Market Price Return on inception date. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively. |
3 | Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs within the category as of the report date. |
4 | As stated in the prospectus. |
Number of Holdings | 761 |
Weighted Average Market Cap (millions) | $149,260 |
Price/Earnings Ratio (P/E) | 21.3 |
Price/Book Ratio (P/B) | 3.0 |
Portfolio Turnover Rate1,2 | 2% |
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1 | Not annualized. |
2 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
3 | This list is not a recommendation of any security by the investment adviser. |
Fund and Inception Date | 6 Months | 1 Year | 5 Years | Since Inception* |
Fund: Schwab U.S. Large-Cap Growth ETF (12/11/09) | ||||
Market Price Return2 | 9.60% | 23.79% | 13.91% | 13.99% |
NAV Return2 | 9.58% | 23.77% | 13.92% | 13.99% |
Dow Jones U.S. Large-Cap Growth Total Stock Market Index | 9.62% | 23.85% | 14.00% | 14.10% |
ETF Category: Morningstar Large Growth3 | 7.84% | 20.66% | 12.07% | 11.85% |
Fund Expense Ratio4: 0.04% |
* | Inception (12/11/09) represents the date that the shares began trading in the secondary market. |
1 | Performance does not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption of fund shares. |
2 | ETF performance must be shown based on both a market price and NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the market value of securities owned), subtracting liabilities, and dividing by the number of shares outstanding. The NAV Return is based on the NAV of the fund, and the Market Price Return is based on the market price per share of the fund. The price used to calculate market return (Market Price) is determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which the shares of the fund are listed for trading, as of the time that the fund’s NAV is calculated. NAV is used as a proxy for purposes of calculating Market Price Return on inception date. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively. |
3 | Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs within the category as of the report date. |
4 | As stated in the prospectus. |
Number of Holdings | 411 |
Weighted Average Market Cap (millions) | $162,079 |
Price/Earnings Ratio (P/E) | 23.2 |
Price/Book Ratio (P/B) | 4.1 |
Portfolio Turnover Rate1,2 | 5% |
![](https://capedge.com/proxy/N-CSRS/0001193125-17-160527/g892426img3eaad33812.jpg)
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1 | Not annualized. |
2 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
3 | This list is not a recommendation of any security by the investment adviser. |
Fund and Inception Date | 6 Months | 1 Year | 5 Years | Since Inception* |
Fund: Schwab U.S. Large-Cap Value ETF (12/11/09) | ||||
Market Price Return2 | 10.58% | 26.77% | 13.55% | 12.87% |
NAV Return2 | 10.60% | 26.76% | 13.56% | 12.88% |
Dow Jones U.S. Large-Cap Value Total Stock Market Index | 10.62% | 26.84% | 13.68% | 13.03% |
ETF Category: Morningstar Large Value3 | 10.79% | 26.31% | 12.16% | 11.32% |
Fund Expense Ratio4: 0.04% |
* | Inception (12/11/09) represents the date that the shares began trading in the secondary market. |
1 | Performance does not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption of fund shares. |
2 | ETF performance must be shown based on both a market price and NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the market value of securities owned), subtracting liabilities, and dividing by the number of shares outstanding. The NAV Return is based on the NAV of the fund, and the Market Price Return is based on the market price per share of the fund. The price used to calculate market return (Market Price) is determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which the shares of the fund are listed for trading, as of the time that the fund’s NAV is calculated. NAV is used as a proxy for purposes of calculating Market Price Return on inception date. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively. |
3 | Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs within the category as of the report date. |
4 | As stated in the prospectus. |
Number of Holdings | 353 |
Weighted Average Market Cap (millions) | $137,807 |
Price/Earnings Ratio (P/E) | 19.8 |
Price/Book Ratio (P/B) | 2.4 |
Portfolio Turnover Rate1,2 | 5% |
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1 | Not annualized. |
2 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
3 | This list is not a recommendation of any security by the investment adviser. |
Fund and Inception Date | 6 Months | 1 Year | 5 Years | Since Inception* |
Fund: Schwab U.S. Mid-Cap ETF (1/13/11) | ||||
Market Price Return2 | 9.69% | 28.00% | 13.77% | 12.52% |
NAV Return2 | 9.64% | 28.01% | 13.77% | 12.51% |
Dow Jones U.S. Mid-Cap Total Stock Market Index | 9.68% | 28.07% | 13.81% | 12.56% |
ETF Category: Morningstar Mid-Cap Blend3 | 10.00% | 26.35% | 11.97% | 9.95% |
Fund Expense Ratio4: 0.06% |
* | Inception (1/13/11) represents the date that the shares began trading in the secondary market. |
1 | Performance does not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption of fund shares. |
2 | ETF performance must be shown based on both a market price and NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the market value of securities owned), subtracting liabilities, and dividing by the number of shares outstanding. The NAV Return is based on the NAV of the fund, and the Market Price Return is based on the market price per share of the fund. The price used to calculate market return (Market Price) is determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which the shares of the fund are listed for trading, as of the time that the fund’s NAV is calculated. NAV is used as a proxy for purposes of calculating Market Price Return on inception date. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively. |
3 | Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs within the category as of the report date. |
4 | As stated in the prospectus. Effective March 1, 2017, the management fee was reduced to 0.05%. For more information, see financial note 4 or refer to the prospectus supplement dated March 1, 2017. |
Number of Holdings | 507 |
Weighted Average Market Cap (millions) | $7,256 |
Price/Earnings Ratio (P/E) | 23.0 |
Price/Book Ratio (P/B) | 2.6 |
Portfolio Turnover Rate1,2 | 16% |
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1 | Not annualized. |
2 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
3 | This list is not a recommendation of any security by the investment adviser. |
Fund and Inception Date | 6 Months | 1 Year | 5 Years | Since Inception* |
Fund: Schwab U.S. Small-Cap ETF (11/3/09) | ||||
Market Price Return2 | 11.26% | 33.43% | 13.47% | 15.63% |
NAV Return2 | 11.21% | 33.27% | 13.47% | 15.62% |
Dow Jones U.S. Small-Cap Total Stock Market Index | 11.21% | 33.29% | 13.45% | 15.67% |
ETF Category: Morningstar Small Blend3 | 12.00% | 31.53% | 11.80% | 13.64% |
Fund Expense Ratio4: 0.06% |
* | Inception (11/3/09) represents the date that the shares began trading in the secondary market. |
1 | Performance does not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption of fund shares. |
2 | ETF performance must be shown based on both a market price and NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the market value of securities owned), subtracting liabilities, and dividing by the number of shares outstanding. The NAV Return is based on the NAV of the fund, and the Market Price Return is based on the market price per share of the fund. The price used to calculate market return (Market Price) is determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which the shares of the fund are listed for trading, as of the time that the fund’s NAV is calculated. NAV is used as a proxy for purposes of calculating Market Price Return on inception date. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively. |
3 | Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs within the category as of the report date. |
4 | As stated in the prospectus. Effective March 1, 2017, the management fee was reduced to 0.05%. For more information, see financial note 4 or refer to the prospectus supplement dated March 1, 2017. |
Number of Holdings | 1,732 |
Weighted Average Market Cap (millions) | $2,956 |
Price/Earnings Ratio (P/E) | 21.5 |
Price/Book Ratio (P/B) | 2.2 |
Portfolio Turnover Rate1,2 | 9% |
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1 | Not annualized. |
2 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
3 | This list is not a recommendation of any security by the investment adviser. |
Fund and Inception Date | 6 Months | 1 Year | 5 Years | Since Inception* |
Fund: Schwab U.S. Dividend Equity ETF (10/20/11) | ||||
Market Price Return2 | 7.14% | 21.73% | 13.57% | 14.72% |
NAV Return2 | 7.14% | 21.57% | 13.57% | 14.71% |
Dow Jones U.S. Dividend 100 Index | 7.19% | 21.73% | 13.71% | 14.86% |
ETF Category: Morningstar Large Value3 | 10.79% | 26.31% | 12.16% | 13.71% |
Fund Expense Ratio4: 0.07% |
* | Inception (10/20/11) represents the date that the shares began trading in the secondary market. |
1 | Performance does not reflect the deduction of taxes that a shareholder would pay on fund distributions or on the redemption of fund shares. |
2 | ETF performance must be shown based on both a market price and NAV basis. The fund’s per share NAV is the value of one share of the fund. NAV is calculated by taking the fund’s total assets (including the market value of securities owned), subtracting liabilities, and dividing by the number of shares outstanding. The NAV Return is based on the NAV of the fund, and the Market Price Return is based on the market price per share of the fund. The price used to calculate market return (Market Price) is determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which the shares of the fund are listed for trading, as of the time that the fund’s NAV is calculated. NAV is used as a proxy for purposes of calculating Market Price Return on inception date. Market Price and NAV returns assume that dividends and capital gain distributions have been reinvested in the fund at Market Price and NAV, respectively. |
3 | Source for category information: Morningstar, Inc. The Morningstar Category return represents all passively- and actively-managed ETFs within the category as of the report date. |
4 | As stated in the prospectus. |
Number of Holdings | 101 |
Weighted Average Market Cap (millions) | $156,462 |
Price/Earnings Ratio (P/E) | 20.5 |
Price/Book Ratio (P/B) | 4.2 |
Portfolio Turnover Rate1,2 | 4% |
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1 | Not annualized. |
2 | Portfolio turnover rate excludes securities received or delivered from processing of in-kind creations or redemptions. |
3 | This list is not a recommendation of any security by the investment adviser. |
Expense Ratio (Annualized)1 | Beginning Account Value at 9/1/16 | Ending Account Value (Net of Expenses) at 2/28/17 | Expenses Paid During Period 9/1/16-2/28/172 | |
Schwab U.S. Broad Market ETF | ||||
Actual Return | 0.03% | $1,000.00 | $1,102.60 | $0.16 |
Hypothetical 5% Return | 0.03% | $1,000.00 | $1,024.65 | $0.15 |
Schwab U.S. Large-Cap ETF | ||||
Actual Return | 0.03% | $1,000.00 | $1,101.80 | $0.16 |
Hypothetical 5% Return | 0.03% | $1,000.00 | $1,024.65 | $0.15 |
Schwab U.S. Large-Cap Growth ETF | ||||
Actual Return | 0.05% | $1,000.00 | $1,095.80 | $0.26 |
Hypothetical 5% Return | 0.05% | $1,000.00 | $1,024.55 | $0.25 |
Schwab U.S. Large-Cap Value ETF | ||||
Actual Return | 0.05% | $1,000.00 | $1,106.00 | $0.26 |
Hypothetical 5% Return | 0.05% | $1,000.00 | $1,024.55 | $0.25 |
Schwab U.S. Mid-Cap ETF | ||||
Actual Return | 0.06% | $1,000.00 | $1,096.40 | $0.31 |
Hypothetical 5% Return | 0.06% | $1,000.00 | $1,024.50 | $0.30 |
Schwab U.S. Small-Cap ETF | ||||
Actual Return | 0.06% | $1,000.00 | $1,112.10 | $0.31 |
Hypothetical 5% Return | 0.06% | $1,000.00 | $1,024.50 | $0.30 |
Schwab U.S. Dividend Equity ETF | ||||
Actual Return | 0.07% | $1,000.00 | $1,071.40 | $0.36 |
Hypothetical 5% Return | 0.07% | $1,000.00 | $1,024.45 | $0.35 |
1 | Based on the most recent six-month expense ratio; may differ from the expense ratio provided in the Financial Highlights. Effective December 29, 2016, the advisory fees of the Schwab U.S. Large-Cap Growth ETF and Schwab U.S. Large-Cap Value ETF were each reduced to 0.04%, and effective March 1, 2017, the advisory fees of the Schwab U.S. Mid-Cap ETF and Schwab U.S. Small-Cap ETF were each reduced to 0.05%. If the fund expense changes had been in place throughout the entire most recent fiscal half-year the expenses paid during period under the actual return and hypothetical 5% return example would have been the following; Schwab U.S. Large-Cap Growth ETF, $0.21 and $0.20, respectively, Schwab U.S. Large-Cap Value ETF, $0.21 and $0.20, respectively, Schwab U.S. Mid-Cap ETF $0.26 and $0.25, respectively, and for Schwab U.S. Small-Cap ETF, $0.26 and $0.25, respectively. (See financial note 4) |
2 | Expenses for each fund are equal to its annualized expense ratio, multiplied by the average account value over the period, multiplied by the 181 days of the period, and divided by 365 days of the fiscal year. |
9/1/16– 2/28/17* | 9/1/15– 8/31/16 | 9/1/14– 8/31/15 | 9/1/13– 8/31/14 | 9/1/12– 8/31/13 | 9/1/11– 8/31/12 | |
Per-Share Data | ||||||
Net asset value at beginning of period | $52.42 | $48.02 | $48.75 | $39.79 | $33.84 | $29.47 |
Income (loss) from investment operations: | ||||||
Net investment income (loss)1 | 0.56 | 1.03 | 0.99 | 0.85 | 0.80 | 0.65 |
Net realized and unrealized gains (losses) | 4.78 | 4.34 | (0.79) | 8.93 | 5.92 | 4.32 |
Total from investment operations | 5.34 | 5.37 | 0.20 | 9.78 | 6.72 | 4.97 |
Less distributions: | ||||||
Distributions from net investment income | (0.52) | (0.97) | (0.93) | (0.82) | (0.77) | (0.60) |
Net asset value at end of period | $57.24 | $52.42 | $48.02 | $48.75 | $39.79 | $33.84 |
Total return | 10.26% 2 | 11.35% | 0.33% | 24.77% | 20.12% | 17.07% |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.03% 3 | 0.03% 4 | 0.04% | 0.04% | 0.04% | 0.06% |
Net investment income (loss) | 2.09% 3 | 2.09% | 1.98% | 1.90% | 2.15% | 2.06% |
Portfolio turnover rate5 | 2% 2 | 5% | 3% | 4% | 4% | 5% |
Net assets, end of period (x 1,000) | $8,414,277 | $6,858,980 | $4,919,185 | $3,654,037 | $2,182,671 | $1,072,825 |
* | Unaudited. |
Holdings by Category | Cost ($) | Value ($) | |
99.6% | Common Stock | 6,647,355,253 | 8,382,862,625 |
0.0% | Rights | 39,531 | 52,592 |
0.5% | Other Investment Companies | 42,370,809 | 42,370,809 |
100.1% | Total Investments | 6,689,765,593 | 8,425,286,026 |
(0.1%) | Other Assets and Liabilities, Net | (11,009,512) | |
100.0% | Net Assets | 8,414,276,514 |
Security | Number of Shares | % of Net Assets | Value ($) | |
Common Stock 99.6% of net assets | ||||
Automobiles & Components 1.0% | ||||
Other Securities | 1.0 | 82,890,466 | ||
Banks 7.0% | ||||
Bank of America Corp. | 3,422,830 | 1.0 | 84,475,444 | |
Citigroup, Inc. | 967,499 | 0.7 | 57,866,115 | |
JPMorgan Chase & Co. | 1,214,997 | 1.3 | 110,103,028 | |
Wells Fargo & Co. | 1,524,295 | 1.0 | 88,226,195 | |
Other Securities | 3.0 | 245,349,313 | ||
7.0 | 586,020,095 | |||
Capital Goods 7.6% | ||||
3M Co. | 204,229 | 0.5 | 38,058,074 | |
General Electric Co. | 2,988,449 | 1.1 | 89,085,665 | |
Honeywell International, Inc. | 257,091 | 0.4 | 32,007,829 | |
The Boeing Co. | 195,740 | 0.4 | 35,278,220 | |
Other Securities | 5.2 | 448,573,573 | ||
7.6 | 643,003,361 | |||
Commercial & Professional Services 0.9% | ||||
Other Securities | 0.9 | 80,084,940 | ||
Consumer Durables & Apparel 1.4% | ||||
Other Securities | 1.4 | 116,643,938 | ||
Consumer Services 2.1% | ||||
McDonald's Corp. | 282,420 | 0.4 | 36,050,913 | |
Other Securities | 1.7 | 137,790,081 | ||
2.1 | 173,840,994 | |||
Diversified Financials 5.2% | ||||
Berkshire Hathaway, Inc., Class B * | 642,009 | 1.3 | 110,053,183 | |
The Charles Schwab Corp. (b) | 412,035 | 0.2 | 16,650,334 |
Security | Number of Shares | % of Net Assets | Value ($) | |
The Goldman Sachs Group, Inc. | 125,747 | 0.4 | 31,192,801 | |
Other Securities | 3.3 | 275,712,515 | ||
5.2 | 433,608,833 | |||
Energy 6.2% | ||||
Chevron Corp. | 641,437 | 0.9 | 72,161,662 | |
Exxon Mobil Corp. | 1,404,628 | 1.4 | 114,224,349 | |
Schlumberger Ltd. | 469,832 | 0.4 | 37,755,700 | |
Other Securities | 3.5 | 295,280,403 | ||
6.2 | 519,422,114 | |||
Food & Staples Retailing 1.8% | ||||
Wal-Mart Stores, Inc. | 512,410 | 0.4 | 36,345,241 | |
Other Securities | 1.4 | 112,440,837 | ||
1.8 | 148,786,078 | |||
Food, Beverage & Tobacco 4.8% | ||||
Altria Group, Inc. | 664,636 | 0.6 | 49,794,529 | |
PepsiCo, Inc. | 486,106 | 0.6 | 53,656,380 | |
Philip Morris International, Inc. | 524,166 | 0.7 | 57,317,552 | |
The Coca-Cola Co. | 1,311,971 | 0.7 | 55,050,303 | |
Other Securities | 2.2 | 189,799,410 | ||
4.8 | 405,618,174 | |||
Health Care Equipment & Services 5.2% | ||||
Medtronic plc | 469,425 | 0.5 | 37,981,177 | |
UnitedHealth Group, Inc. | 319,900 | 0.6 | 52,905,062 | |
Other Securities | 4.1 | 349,500,449 | ||
5.2 | 440,386,688 | |||
Household & Personal Products 1.8% | ||||
The Procter & Gamble Co. | 907,998 | 1.0 | 82,691,378 | |
Other Securities | 0.8 | 67,393,908 | ||
1.8 | 150,085,286 | |||
Insurance 3.0% | ||||
Other Securities | 3.0 | 253,576,162 | ||
Materials 3.3% | ||||
Other Securities | 3.3 | 281,916,829 | ||
Security | Number of Shares | % of Net Assets | Value ($) | |
Media 3.1% | ||||
Comcast Corp., Class A | 1,607,514 | 0.7 | 60,153,174 | |
The Walt Disney Co. | 494,898 | 0.6 | 54,483,321 | |
Other Securities | 1.8 | 144,893,253 | ||
3.1 | 259,529,748 | |||
Pharmaceuticals, Biotechnology & Life Sciences 8.1% | ||||
AbbVie, Inc. | 549,043 | 0.4 | 33,952,819 | |
Allergan plc | 126,223 | 0.4 | 30,901,915 | |
Amgen, Inc. | 250,870 | 0.5 | 44,286,081 | |
Bristol-Myers Squibb Co. | 562,250 | 0.4 | 31,885,197 | |
Celgene Corp. * | 264,063 | 0.4 | 32,614,421 | |
Gilead Sciences, Inc. | 446,132 | 0.4 | 31,443,383 | |
Johnson & Johnson | 923,312 | 1.3 | 112,837,960 | |
Merck & Co., Inc. | 932,944 | 0.7 | 61,453,021 | |
Pfizer, Inc. | 2,064,665 | 0.8 | 70,446,370 | |
Other Securities | 2.8 | 232,639,953 | ||
8.1 | 682,461,120 | |||
Real Estate 4.1% | ||||
Other Securities | 4.1 | 344,060,627 | ||
Retailing 4.9% | ||||
Amazon.com, Inc. * | 133,667 | 1.3 | 112,953,962 | |
The Home Depot, Inc. | 410,694 | 0.7 | 59,513,668 | |
Other Securities | 2.9 | 240,088,640 | ||
4.9 | 412,556,270 | |||
Semiconductors & Semiconductor Equipment 3.1% | ||||
Intel Corp. | 1,605,047 | 0.7 | 58,102,701 | |
Other Securities | 2.4 | 207,198,940 | ||
3.1 | 265,301,641 | |||
Software & Services 12.0% | ||||
Alphabet, Inc., Class A * | 100,962 | 1.0 | 85,305,823 | |
Alphabet, Inc., Class C * | 100,162 | 1.0 | 82,454,360 | |
Facebook, Inc., Class A * | 793,567 | 1.3 | 107,560,071 | |
International Business Machines Corp. | 291,575 | 0.6 | 52,431,016 | |
MasterCard, Inc., Class A | 321,355 | 0.4 | 35,496,873 | |
Microsoft Corp. | 2,635,630 | 2.0 | 168,627,607 | |
Oracle Corp. | 1,012,782 | 0.5 | 43,134,385 | |
Visa, Inc., Class A | 632,227 | 0.7 | 55,598,042 | |
Other Securities | 4.5 | 382,229,864 | ||
12.0 | 1,012,838,041 | |||
Technology Hardware & Equipment 5.5% | ||||
Apple, Inc. | 1,805,928 | 2.9 | 247,394,077 | |
Cisco Systems, Inc. | 1,682,404 | 0.7 | 57,504,569 | |
Other Securities | 1.9 | 157,712,081 | ||
5.5 | 462,610,727 | |||
Security | Number of Shares | % of Net Assets | Value ($) | |
Telecommunication Services 2.2% | ||||
AT&T, Inc. | 2,095,675 | 1.0 | 87,578,258 | |
Verizon Communications, Inc. | 1,380,116 | 0.8 | 68,495,157 | |
Other Securities | 0.4 | 25,342,919 | ||
2.2 | 181,416,334 | |||
Transportation 2.1% | ||||
Union Pacific Corp. | 279,731 | 0.4 | 30,194,164 | |
Other Securities | 1.7 | 150,347,443 | ||
2.1 | 180,541,607 | |||
Utilities 3.2% | ||||
Other Securities | 3.2 | 265,662,552 | ||
Total Common Stock | ||||
(Cost $6,647,355,253) | 8,382,862,625 | |||
Rights 0.0% of net assets | ||||
Media 0.0% | ||||
Other Securities | 0.0 | 13,061 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.0% | ||||
Other Securities | 0.0 | 39,531 | ||
Total Rights | ||||
(Cost $39,531) | 52,592 | |||
Other Investment Companies 0.5% of net assets | ||||
Money Market Fund 0.1% | ||||
Other Securities | 0.1 | 12,076,066 | ||
Securities Lending Collateral 0.4% | ||||
Wells Fargo Government Money Market Fund, Select Class 0.48% (c) | 0.4 | 30,294,743 | ||
Total Other Investment Companies | ||||
(Cost $42,370,809) | 42,370,809 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $29,240,640. |
(b) | Issuer is affiliated with the fund's investment adviser. |
(c) | The rate shown is the 7-day yield. |
(d) | Fair-valued by management in accordance with procedures approved by the Board of Trustees. |
CVR — | Contingent Value Rights |
REIT — | Real Estate Investment Trust |
Number of Contracts | Contract Value ($) | Unrealized Appreciation ($) | ||||
Futures Contracts | ||||||
S&P 500 Index, e-mini, Long, expires 03/17/17 | 270 | 31,897,800 | 466,811 |
Description | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |
Common Stock1 | $7,700,401,505 | $— | $— | $7,700,401,505 | |
Pharmaceuticals, Biotechnology & Life Sciences | 682,239,509 | — | 221,611 | 682,461,120 | |
Rights 1 | — | — | 52,592 | 52,592 | |
Other Investment Companies1 | 42,370,809 | — | — | 42,370,809 | |
Total | $8,425,011,823 | $— | $274,203 | $8,425,286,026 | |
Other Financial Instruments | |||||
Futures Contracts2 | $466,811 | $— | $— | $466,811 |
1 | As categorized in the complete schedule of Portfolio Holdings. |
2 | Futures contracts are not included in Investments in the schedule of Condensed Portfolio Holdings and are valued at unrealized appreciation or depreciation. |
Assets | ||
Investments in affiliated issuers, at value (cost $11,280,582) | $16,650,334 | |
Investments in unaffiliated issuers, at value (cost $6,648,190,268) including securities on loan of $29,240,640 | 8,378,340,949 | |
Collateral invested for securities on loan, at value (cost $30,294,743) | + | 30,294,743 |
Total investments, at value (cost $6,689,765,593) | 8,425,286,026 | |
Cash | 2,551,608 | |
Deposit with broker for futures contracts | 1,543,750 | |
Receivables: | ||
Investments sold | 9,506,939 | |
Dividends | 15,390,555 | |
Income from securities on loan | + | 53,318 |
Total assets | 8,454,332,196 | |
Liabilities | ||
Collateral held for securities on loan | 30,294,743 | |
Payables: | ||
Investments bought | 9,510,337 | |
Investment adviser fees | 188,772 | |
Variation margin on futures contracts | + | 61,830 |
Total liabilities | 40,055,682 | |
Net Assets | ||
Total assets | 8,454,332,196 | |
Total liabilities | – | 40,055,682 |
Net assets | $8,414,276,514 | |
Net Assets by Source | ||
Capital received from investors | 6,675,011,391 | |
Net investment income not yet distributed | 27,319,314 | |
Net realized capital losses | (24,041,435) | |
Net unrealized capital appreciation | 1,735,987,244 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$8,414,276,514 | 147,000,000 | $57.24 | ||
Investment Income | ||
Dividends received from affiliated issuer | $58,890 | |
Dividends received from unaffiliated issuers (net of foreign withholding tax of $3,943) | 77,258,153 | |
Securities on loan, net | + | 511,240 |
Total investment income | 77,828,283 | |
Expenses | ||
Investment adviser fees | 1,102,950 | |
Total expenses | – | 1,102,950 |
Net investment income | 76,725,333 | |
Realized and Unrealized Gains (Losses) | ||
Net realized losses on investments | (12,966,966) | |
Net realized gains on in-kind redemptions on affiliated issuer | 94,238 | |
Net realized gains on in-kind redemptions on unaffiliated investments | 37,304,644 | |
Net realized gains on futures contracts | + | 994,976 |
Net realized gains | 25,426,892 | |
Net change in unrealized appreciation (depreciation) on affiliated issuer | 3,305,958 | |
Net change in unrealized appreciation (depreciation) on unaffiliated investments | 648,364,012 | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | 522,399 |
Net change in unrealized appreciation (depreciation) | + | 652,192,369 |
Net realized and unrealized gains | 677,619,261 | |
Increase in net assets resulting from operations | $754,344,594 |
Operations | ||||
9/1/16-2/28/17 | 9/1/15-8/31/16 | |||
Net investment income | $76,725,333 | $119,577,232 | ||
Net realized gains | 25,426,892 | 58,473,575 | ||
Net change in unrealized appreciation (depreciation) | + | 652,192,369 | 453,187,146 | |
Increase in net assets resulting from operations | 754,344,594 | 631,237,953 | ||
Distributions to Shareholders | ||||
Distributions from net investment income | ($72,030,675) | ($111,095,810) |
Transactions in Fund Shares | ||||||||
9/1/16-2/28/17 | 9/1/15-8/31/16 | |||||||
SHARES | VALUE | SHARES | VALUE | |||||
Shares sold | 17,650,000 | $953,679,251 | 36,150,000 | $1,780,463,725 | ||||
Shares redeemed | + | (1,500,000) | (80,696,288) | (7,750,000) | (360,811,273) | |||
Net transactions in fund shares | 16,150,000 | $872,982,963 | 28,400,000 | $1,419,652,452 | ||||
Shares Outstanding and Net Assets | ||||||||
9/1/16-2/28/17 | 9/1/15-8/31/16 | |||||||
SHARES | NET ASSETS | SHARES | NET ASSETS | |||||
Beginning of period | 130,850,000 | $6,858,979,632 | 102,450,000 | $4,919,185,037 | ||||
Total increase | + | 16,150,000 | 1,555,296,882 | 28,400,000 | 1,939,794,595 | |||
End of period | 147,000,000 | $8,414,276,514 | 130,850,000 | $6,858,979,632 | ||||
Net investment income not yet distributed | $27,319,314 | $22,624,656 |
9/1/16– 2/28/17* | 9/1/15– 8/31/16 | 9/1/14– 8/31/15 | 9/1/13– 8/31/14 | 9/1/12– 8/31/13 | 9/1/11– 8/31/12 | |
Per-Share Data | ||||||
Net asset value at beginning of period | $51.75 | $47.30 | $47.99 | $39.06 | $33.49 | $29.11 |
Income (loss) from investment operations: | ||||||
Net investment income (loss) | 0.57 1 | 1.03 1 | 1.01 1 | 0.83 | 0.77 | 0.64 |
Net realized and unrealized gains (losses) | 4.66 | 4.41 | (0.77) | 8.92 | 5.56 | 4.35 |
Total from investment operations | 5.23 | 5.44 | 0.24 | 9.75 | 6.33 | 4.99 |
Less distributions: | ||||||
Distributions from net investment income | (0.54) | (0.99) | (0.93) | (0.82) | (0.76) | (0.61) |
Net asset value at end of period | $56.44 | $51.75 | $47.30 | $47.99 | $39.06 | $33.49 |
Total return | 10.18% 2 | 11.66% | 0.43% | 25.16% | 19.17% | 17.36% |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.03% 3 | 0.03% 4 | 0.04% | 0.04% | 0.04% | 0.08% |
Net investment income (loss) | 2.17% 3 | 2.13% | 2.04% | 1.95% | 2.18% | 2.10% |
Portfolio turnover rate5 | 2% 2 | 4% | 4% | 5% | 5% | 4% |
Net assets, end of period (x 1,000) | $8,044,971 | $6,218,346 | $4,329,918 | $3,191,644 | $1,781,282 | $890,808 |
* | Unaudited. |
Holdings by Category | Cost ($) | Value ($) | |
99.8% | Common Stock | 6,517,040,189 | 8,027,441,194 |
0.3% | Other Investment Companies | 23,872,263 | 23,872,263 |
100.1% | Total Investments | 6,540,912,452 | 8,051,313,457 |
(0.1%) | Other Assets and Liabilities, Net | (6,342,405) | |
100.0% | Net Assets | 8,044,971,052 |
Security | Number of Shares | % of Net Assets | Value ($) | |
Common Stock 99.8% of net assets | ||||
Automobiles & Components 0.9% | ||||
Other Securities | 0.9 | 74,503,109 | ||
Banks 6.5% | ||||
Bank of America Corp. | 3,658,069 | 1.1 | 90,281,143 | |
Citigroup, Inc. | 1,038,034 | 0.8 | 62,084,813 | |
JPMorgan Chase & Co. | 1,304,261 | 1.5 | 118,192,132 | |
U.S. Bancorp | 579,420 | 0.4 | 31,868,100 | |
Wells Fargo & Co. | 1,643,930 | 1.2 | 95,150,668 | |
Other Securities | 1.5 | 124,428,437 | ||
6.5 | 522,005,293 | |||
Capital Goods 7.4% | ||||
3M Co. | 221,351 | 0.5 | 41,248,759 | |
General Electric Co. | 3,219,577 | 1.2 | 95,975,590 | |
Honeywell International, Inc. | 275,412 | 0.4 | 34,288,794 | |
The Boeing Co. | 209,994 | 0.5 | 37,847,219 | |
Other Securities | 4.8 | 385,096,781 | ||
7.4 | 594,457,143 | |||
Commercial & Professional Services 0.7% | ||||
Other Securities | 0.7 | 56,066,485 | ||
Consumer Durables & Apparel 1.3% | ||||
Other Securities | 1.3 | 103,125,358 | ||
Consumer Services 1.8% | ||||
McDonald's Corp. | 301,462 | 0.5 | 38,481,624 | |
Other Securities | 1.3 | 110,633,594 | ||
1.8 | 149,115,218 | |||
Diversified Financials 5.4% | ||||
Berkshire Hathaway, Inc., Class B * | 690,972 | 1.5 | 118,446,420 | |
The Charles Schwab Corp. (b) | 434,497 | 0.2 | 17,558,024 |
Security | Number of Shares | % of Net Assets | Value ($) | |
The Goldman Sachs Group, Inc. | 133,658 | 0.4 | 33,155,204 | |
Other Securities | 3.3 | 262,418,706 | ||
5.4 | 431,578,354 | |||
Energy 6.4% | ||||
Chevron Corp. | 684,687 | 1.0 | 77,027,287 | |
Exxon Mobil Corp. | 1,507,360 | 1.5 | 122,578,515 | |
Schlumberger Ltd. | 511,666 | 0.5 | 41,117,480 | |
Other Securities | 3.4 | 273,613,848 | ||
6.4 | 514,337,130 | |||
Food & Staples Retailing 1.9% | ||||
Wal-Mart Stores, Inc. | 546,218 | 0.5 | 38,743,243 | |
Other Securities | 1.4 | 115,251,196 | ||
1.9 | 153,994,439 | |||
Food, Beverage & Tobacco 5.2% | ||||
Altria Group, Inc. | 717,025 | 0.7 | 53,719,513 | |
PepsiCo, Inc. | 517,891 | 0.7 | 57,164,809 | |
Philip Morris International, Inc. | 563,978 | 0.8 | 61,670,994 | |
The Coca-Cola Co. | 1,413,820 | 0.7 | 59,323,887 | |
Other Securities | 2.3 | 189,061,128 | ||
5.2 | 420,940,331 | |||
Health Care Equipment & Services 5.2% | ||||
Medtronic plc | 502,971 | 0.5 | 40,695,384 | |
UnitedHealth Group, Inc. | 344,659 | 0.7 | 56,999,705 | |
Other Securities | 4.0 | 317,951,198 | ||
5.2 | 415,646,287 | |||
Household & Personal Products 1.9% | ||||
The Procter & Gamble Co. | 976,142 | 1.1 | 88,897,252 | |
Other Securities | 0.8 | 62,484,288 | ||
1.9 | 151,381,540 | |||
Insurance 3.0% | ||||
Other Securities | 3.0 | 237,844,730 | ||
Materials 3.1% | ||||
Other Securities | 3.1 | 247,803,680 | ||
Security | Number of Shares | % of Net Assets | Value ($) | |
Media 3.2% | ||||
Comcast Corp., Class A | 1,723,056 | 0.8 | 64,476,756 | |
The Walt Disney Co. | 534,129 | 0.7 | 58,802,262 | |
Other Securities | 1.7 | 136,212,132 | ||
3.2 | 259,491,150 | |||
Pharmaceuticals, Biotechnology & Life Sciences 8.4% | ||||
AbbVie, Inc. | 585,097 | 0.4 | 36,182,398 | |
Allergan plc | 137,591 | 0.4 | 33,685,029 | |
Amgen, Inc. | 270,142 | 0.6 | 47,688,167 | |
Bristol-Myers Squibb Co. | 602,297 | 0.4 | 34,156,263 | |
Celgene Corp. * | 280,094 | 0.4 | 34,594,410 | |
Gilead Sciences, Inc. | 473,826 | 0.4 | 33,395,256 | |
Johnson & Johnson | 988,138 | 1.5 | 120,760,345 | |
Merck & Co., Inc. | 1,001,835 | 0.8 | 65,990,871 | |
Pfizer, Inc. | 2,197,481 | 0.9 | 74,978,052 | |
Other Securities | 2.6 | 190,845,798 | ||
8.4 | 672,276,589 | |||
Real Estate 3.5% | ||||
Other Securities | 3.5 | 278,094,727 | ||
Retailing 5.1% | ||||
Amazon.com, Inc. * | 143,825 | 1.5 | 121,537,878 | |
The Home Depot, Inc. | 443,429 | 0.8 | 64,257,296 | |
Other Securities | 2.8 | 226,368,708 | ||
5.1 | 412,163,882 | |||
Semiconductors & Semiconductor Equipment 3.1% | ||||
Intel Corp. | 1,711,811 | 0.8 | 61,967,558 | |
Other Securities | 2.3 | 191,463,415 | ||
3.1 | 253,430,973 | |||
Software & Services 12.6% | ||||
Alphabet, Inc., Class A * | 107,367 | 1.1 | 90,717,599 | |
Alphabet, Inc., Class C * | 107,942 | 1.1 | 88,858,934 | |
Facebook, Inc., Class A * | 847,944 | 1.4 | 114,930,330 | |
International Business Machines Corp. | 315,054 | 0.7 | 56,653,010 | |
MasterCard, Inc., Class A | 345,800 | 0.5 | 38,197,068 | |
Microsoft Corp. | 2,828,929 | 2.2 | 180,994,877 | |
Oracle Corp. | 1,091,765 | 0.6 | 46,498,271 | |
Visa, Inc., Class A | 679,572 | 0.7 | 59,761,562 | |
Other Securities | 4.3 | 335,963,824 | ||
12.6 | 1,012,575,475 | |||
Technology Hardware & Equipment 5.5% | ||||
Apple, Inc. | 1,935,561 | 3.3 | 265,152,501 | |
Cisco Systems, Inc. | 1,822,881 | 0.8 | 62,306,073 | |
Other Securities | 1.4 | 117,714,970 | ||
5.5 | 445,173,544 | |||
Security | Number of Shares | % of Net Assets | Value ($) | |
Telecommunication Services 2.3% | ||||
AT&T, Inc. | 2,234,533 | 1.2 | 93,381,134 | |
Verizon Communications, Inc. | 1,487,183 | 0.9 | 73,808,892 | |
Other Securities | 0.2 | 21,958,727 | ||
2.3 | 189,148,753 | |||
Transportation 2.2% | ||||
Union Pacific Corp. | 299,165 | 0.4 | 32,291,870 | |
Other Securities | 1.8 | 146,192,415 | ||
2.2 | 178,484,285 | |||
Utilities 3.2% | ||||
Other Securities | 3.2 | 253,802,719 | ||
Total Common Stock | ||||
(Cost $6,517,040,189) | 8,027,441,194 | |||
Other Investment Companies 0.3% of net assets | ||||
Money Market Fund 0.1% | ||||
Other Securities | 0.1 | 5,527,938 | ||
Securities Lending Collateral 0.2% | ||||
Other Securities | 0.2 | 18,344,325 | ||
Total Other Investment Companies | ||||
(Cost $23,872,263) | 23,872,263 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $17,593,504. |
(b) | Issuer is affiliated with the fund's investment adviser. |
(c) | The rate shown is the 7-day yield. |
Number of Contracts | Contract Value ($) | Unrealized Appreciation ($) | ||||
Futures Contracts | ||||||
S&P 500 Index, e-mini, Long, expires 03/17/17 | 145 | 17,130,300 | 227,964 |
Description | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |
Common Stock1 | $8,027,441,194 | $— | $— | $8,027,441,194 | |
Other Investment Companies1 | 23,872,263 | — | — | 23,872,263 | |
Total | $8,051,313,457 | $— | $— | $8,051,313,457 | |
Other Financial Instruments | |||||
Futures Contracts2 | $227,964 | $— | $— | $227,964 |
1 | As categorized in the complete schedule of Portfolio Holdings. |
2 | Futures contracts are not included in Investments in the schedule of Condensed Portfolio Holdings and are valued at unrealized appreciation or depreciation. |
Assets | ||
Investments in affiliated issuers, at value (cost $12,226,429) | $17,558,024 | |
Investments in unaffiliated issuers, at value (cost $6,510,341,698) including securities on loan of $17,593,504 | 8,015,411,108 | |
Collateral invested for securities on loan, at value (cost $18,344,325) | + | 18,344,325 |
Total investments, at value (cost $6,540,912,452) | 8,051,313,457 | |
Deposit with broker for futures contracts | 1,686,250 | |
Receivables: | ||
Investments sold | 10,404,390 | |
Fund shares sold | 36,782,776 | |
Dividends | 15,674,755 | |
Income from securities on loan | + | 19,829 |
Total assets | 8,115,881,457 | |
Liabilities | ||
Collateral held for securities on loan | 18,344,325 | |
Payables: | ||
Investments bought | 52,351,666 | |
Investment adviser fees | 178,679 | |
Variation margin on futures contracts | + | 35,735 |
Total liabilities | 70,910,405 | |
Net Assets | ||
Total assets | 8,115,881,457 | |
Total liabilities | – | 70,910,405 |
Net assets | $8,044,971,052 | |
Net Assets by Source | ||
Capital received from investors | 6,541,717,610 | |
Net investment income not yet distributed | 27,063,397 | |
Net realized capital losses | (34,438,924) | |
Net unrealized capital appreciation | 1,510,628,969 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$8,044,971,052 | 142,550,000 | $56.44 | ||
Investment Income | ||
Dividends received from affiliated issuer | $61,320 | |
Dividends received from unaffiliated issuers (net of foreign withholding tax of $2,432) | 74,189,804 | |
Securities on loan, net | + | 310,117 |
Total investment income | 74,561,241 | |
Expenses | ||
Investment adviser fees | 1,018,254 | |
Total expenses | – | 1,018,254 |
Net investment income | 73,542,987 | |
Realized and Unrealized Gains (Losses) | ||
Net realized losses on affiliated issuer | (3,555) | |
Net realized losses on unaffiliated investments | (14,198,300) | |
Net realized gains on in-kind redemptions on affiliated issuer | 35,764 | |
Net realized gains on in-kind redemptions on unaffiliated investments | 12,809,251 | |
Net realized gains on futures contracts | + | 1,410,651 |
Net realized gains | 53,811 | |
Net change in unrealized appreciation (depreciation) on affiliated issuer | 3,468,888 | |
Net change in unrealized appreciation (depreciation) on unaffiliated investments | 622,172,768 | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | 123,417 |
Net change in unrealized appreciation (depreciation) | + | 625,765,073 |
Net realized and unrealized gains | 625,818,884 | |
Increase in net assets resulting from operations | $699,361,871 |
Operations | ||||
9/1/16-2/28/17 | 9/1/15-8/31/16 | |||
Net investment income | $73,542,987 | $111,494,584 | ||
Net realized gains | 53,811 | 81,546,713 | ||
Net change in unrealized appreciation (depreciation) | + | 625,765,073 | 414,216,971 | |
Increase in net assets resulting from operations | 699,361,871 | 607,258,268 | ||
Distributions to Shareholders | ||||
Distributions from net investment income | ($68,571,690) | ($103,762,790) |
Transactions in Fund Shares | ||||||||
9/1/16-2/28/17 | 9/1/15-8/31/16 | |||||||
SHARES | VALUE | SHARES | VALUE | |||||
Shares sold | 23,650,000 | $1,262,287,553 | 35,000,000 | $1,684,361,815 | ||||
Shares redeemed | + | (1,250,000) | (66,452,488) | (6,400,000) | (299,429,649) | |||
Net transactions in fund shares | 22,400,000 | $1,195,835,065 | (28,600,000) | ($1,384,932,166) | ||||
Shares Outstanding and Net Assets | ||||||||
9/1/16-2/28/17 | 9/1/15-8/31/16 | |||||||
SHARES | NET ASSETS | SHARES | NET ASSETS | |||||
Beginning of period | 120,150,000 | $6,218,345,806 | 91,550,000 | $4,329,918,162 | ||||
Total increase | + | 22,400,000 | 1,826,625,246 | 28,600,000 | 1,888,427,644 | |||
End of period | 142,550,000 | $8,044,971,052 | 120,150,000 | $6,218,345,806 | ||||
Net investment income not yet distributed | $27,063,397 | $22,092,100 |
9/1/16– 2/28/17* | 9/1/15– 8/31/16 | 9/1/14– 8/31/15 | 9/1/13– 8/31/14 | 9/1/12– 8/31/13 | 9/1/11– 8/31/12 | |
Per-Share Data | ||||||
Net asset value at beginning of period | $55.25 | $51.93 | $50.11 | $39.60 | $34.05 | $29.44 |
Income (loss) from investment operations: | ||||||
Net investment income (loss) | 0.33 1 | 0.59 1 | 0.66 1 | 0.56 | 0.55 | 0.36 |
Net realized and unrealized gains (losses) | 4.94 | 3.30 | 1.79 | 10.50 | 5.52 | 4.59 |
Total from investment operations | 5.27 | 3.89 | 2.45 | 11.06 | 6.07 | 4.95 |
Less distributions: | ||||||
Distributions from net investment income | (0.30) | (0.57) | (0.63) | (0.55) | (0.52) | (0.34) |
Net asset value at end of period | $60.22 | $55.25 | $51.93 | $50.11 | $39.60 | $34.05 |
Total return | 9.58% 2 | 7.56% | 4.87% | 28.11% | 18.02% | 16.96% |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.05% 3,4 | 0.07% 5 | 0.07% | 0.07% | 0.07% | 0.13% |
Net investment income (loss) | 1.17% 3 | 1.14% | 1.25% | 1.29% | 1.55% | 1.17% |
Portfolio turnover rate6 | 5% 2 | 7% | 10% | 7% | 11% | 8% |
Net assets, end of period (x 1,000) | $3,797,049 | $2,980,475 | $2,246,101 | $1,485,805 | $827,613 | $475,062 |
* | Unaudited. |
Holdings by Category | Cost ($) | Value ($) | |
99.7% | Common Stock | 3,051,980,239 | 3,787,249,756 |
0.6% | Other Investment Companies | 22,855,688 | 22,855,688 |
100.3% | Total Investments | 3,074,835,927 | 3,810,105,444 |
(0.3%) | Other Assets and Liabilities, Net | (13,056,018) | |
100.0% | Net Assets | 3,797,049,426 |
Security | Number of Shares | % of Net Assets | Value ($) | |
Common Stock 99.7% of net assets | ||||
Automobiles & Components 0.5% | ||||
Other Securities | 0.5 | 17,796,411 | ||
Banks 0.5% | ||||
Other Securities | 0.5 | 20,931,228 | ||
Capital Goods 7.0% | ||||
3M Co. | 217,236 | 1.1 | 40,481,929 | |
Lockheed Martin Corp. | 90,522 | 0.6 | 24,131,355 | |
The Boeing Co. | 207,376 | 1.0 | 37,375,376 | |
Other Securities | 4.3 | 163,135,783 | ||
7.0 | 265,124,443 | |||
Commercial & Professional Services 1.0% | ||||
Other Securities | 1.0 | 37,062,797 | ||
Consumer Durables & Apparel 2.0% | ||||
NIKE, Inc., Class B | 482,492 | 0.7 | 27,579,243 | |
Other Securities | 1.3 | 48,280,569 | ||
2.0 | 75,859,812 | |||
Consumer Services 2.3% | ||||
Starbucks Corp. | 524,635 | 0.8 | 29,835,992 | |
Other Securities | 1.5 | 57,759,015 | ||
2.3 | 87,595,007 | |||
Diversified Financials 7.2% | ||||
American Express Co. | 276,931 | 0.6 | 22,171,096 | |
Berkshire Hathaway, Inc., Class B * | 683,581 | 3.1 | 117,179,455 | |
Morgan Stanley | 520,360 | 0.6 | 23,764,841 | |
The Charles Schwab Corp. (b) | 432,835 | 0.5 | 17,490,862 | |
Other Securities | 2.4 | 92,529,269 | ||
7.2 | 273,135,523 | |||
Security | Number of Shares | % of Net Assets | Value ($) | |
Energy 3.8% | ||||
EOG Resources, Inc. | 207,887 | 0.5 | 20,162,960 | |
Schlumberger Ltd. | 501,592 | 1.1 | 40,307,933 | |
Other Securities | 2.2 | 85,126,091 | ||
3.8 | 145,596,984 | |||
Food & Staples Retailing 2.5% | ||||
Costco Wholesale Corp. | 157,395 | 0.7 | 27,887,246 | |
CVS Health Corp. | 383,977 | 0.8 | 30,940,867 | |
Walgreens Boots Alliance, Inc. | 307,988 | 0.7 | 26,604,003 | |
Other Securities | 0.3 | 8,189,975 | ||
2.5 | 93,622,091 | |||
Food, Beverage & Tobacco 1.4% | ||||
Other Securities | 1.4 | 52,664,736 | ||
Health Care Equipment & Services 8.5% | ||||
Danaher Corp. | 219,087 | 0.5 | 18,742,893 | |
Medtronic plc | 496,909 | 1.1 | 40,204,907 | |
UnitedHealth Group, Inc. | 342,203 | 1.5 | 56,593,532 | |
Other Securities | 5.4 | 207,955,623 | ||
8.5 | 323,496,955 | |||
Household & Personal Products 0.5% | ||||
Other Securities | 0.5 | 20,198,693 | ||
Insurance 1.0% | ||||
Other Securities | 1.0 | 38,437,983 | ||
Materials 2.8% | ||||
Monsanto Co. | 159,169 | 0.5 | 18,118,207 | |
Other Securities | 2.3 | 87,103,317 | ||
2.8 | 105,221,524 | |||
Media 4.7% | ||||
Charter Communications, Inc., Class A * | 77,799 | 0.7 | 25,133,745 | |
Comcast Corp., Class A | 1,717,051 | 1.7 | 64,252,049 | |
The Walt Disney Co. | 527,748 | 1.5 | 58,099,777 | |
Other Securities | 0.8 | 32,175,183 | ||
4.7 | 179,660,754 | |||
Security | Number of Shares | % of Net Assets | Value ($) | |
Pharmaceuticals, Biotechnology & Life Sciences 7.8% | ||||
Allergan plc | 135,095 | 0.9 | 33,073,958 | |
Amgen, Inc. | 268,366 | 1.2 | 47,374,650 | |
Biogen, Inc. * | 78,636 | 0.6 | 22,694,350 | |
Celgene Corp. * | 278,543 | 0.9 | 34,402,846 | |
Gilead Sciences, Inc. | 474,139 | 0.9 | 33,417,317 | |
Thermo Fisher Scientific, Inc. | 142,368 | 0.6 | 22,448,586 | |
Other Securities | 2.7 | 101,410,288 | ||
7.8 | 294,821,995 | |||
Real Estate 4.6% | ||||
American Tower Corp. | 154,210 | 0.5 | 17,701,766 | |
Simon Property Group, Inc. | 112,473 | 0.5 | 20,740,021 | |
Other Securities | 3.6 | 135,043,614 | ||
4.6 | 173,485,401 | |||
Retailing 9.8% | ||||
Amazon.com, Inc. * | 142,155 | 3.2 | 120,126,661 | |
Lowe's Cos., Inc. | 312,737 | 0.6 | 23,258,251 | |
Netflix, Inc. * | 154,477 | 0.6 | 21,955,816 | |
The Home Depot, Inc. | 438,607 | 1.7 | 63,558,540 | |
The Priceline Group, Inc. * | 17,740 | 0.8 | 30,586,066 | |
The TJX Cos., Inc. | 235,372 | 0.5 | 18,464,933 | |
Other Securities | 2.4 | 93,382,751 | ||
9.8 | 371,333,018 | |||
Semiconductors & Semiconductor Equipment 2.5% | ||||
Broadcom Ltd. | 142,914 | 0.8 | 30,144,850 | |
NVIDIA Corp. | 193,777 | 0.5 | 19,664,490 | |
QUALCOMM, Inc. | 530,888 | 0.8 | 29,984,554 | |
Other Securities | 0.4 | 16,462,606 | ||
2.5 | 96,256,500 | |||
Software & Services 17.7% | ||||
Accenture plc, Class A | 223,690 | 0.7 | 27,402,025 | |
Adobe Systems, Inc. * | 178,375 | 0.6 | 21,108,898 | |
Alphabet, Inc., Class A * | 106,543 | 2.4 | 90,021,377 | |
Alphabet, Inc., Class C * | 107,033 | 2.3 | 88,110,636 | |
Facebook, Inc., Class A * | 842,979 | 3.0 | 114,257,374 | |
MasterCard, Inc., Class A | 344,798 | 1.0 | 38,086,387 | |
PayPal Holdings, Inc. * | 402,291 | 0.4 | 16,896,222 | |
salesforce.com, Inc. * | 229,249 | 0.5 | 18,649,406 | |
Visa, Inc., Class A | 673,432 | 1.6 | 59,221,610 | |
Other Securities | 5.2 | 196,924,314 | ||
17.7 | 670,678,249 | |||
Technology Hardware & Equipment 7.8% | ||||
Apple, Inc. | 1,921,262 | 6.9 | 263,193,681 | |
Other Securities | 0.9 | 32,374,472 | ||
7.8 | 295,568,153 | |||
Telecommunication Services 0.3% | ||||
Other Securities | 0.3 | 12,393,424 | ||
Security | Number of Shares | % of Net Assets | Value ($) | |
Transportation 3.5% | ||||
Union Pacific Corp. | 296,947 | 0.8 | 32,052,459 | |
United Parcel Service, Inc., Class B | 249,108 | 0.7 | 26,345,662 | |
Other Securities | 2.0 | 76,466,837 | ||
3.5 | 134,864,958 | |||
Utilities 0.0% | ||||
Other Securities | 0.0 | 1,443,117 | ||
Total Common Stock | ||||
(Cost $3,051,980,239) | 3,787,249,756 | |||
Other Investment Companies 0.6% of net assets | ||||
Money Market Fund 0.2% | ||||
Other Securities | 0.2 | 5,842,313 | ||
Securities Lending Collateral 0.4% | ||||
Wells Fargo Government Money Market Fund, Select Class 0.48% (c) | 0.4 | 17,013,375 | ||
Total Other Investment Companies | ||||
(Cost $22,855,688) | 22,855,688 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $16,517,819. |
(b) | Issuer is affiliated with the fund's investment adviser. |
(c) | The rate shown is the 7-day yield. |
Number of Contracts | Contract Value ($) | Unrealized Appreciation ($) | ||||
Futures Contracts | ||||||
S&P 500 Index, e-mini, Long, expires 03/17/17 | 80 | 9,451,200 | 231,973 |
Description | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |
Common Stock1 | $3,787,249,756 | $— | $— | $3,787,249,756 | |
Other Investment Companies1 | 22,855,688 | — | — | 22,855,688 | |
Total | $3,810,105,444 | $— | $— | $3,810,105,444 | |
Other Financial Instruments | |||||
Futures Contracts2 | $231,973 | $— | $— | $231,973 |
1 | As categorized in the complete schedule of Portfolio Holdings. |
2 | Futures contracts are not included in Investments in the schedule of Condensed Portfolio Holdings and are valued at unrealized appreciation or depreciation. |
Assets | ||
Investments in affiliated issuers, at value (cost $12,423,774) | $17,490,862 | |
Investments in unaffiliated issuers, at value (cost $3,045,398,778) including securities on loan of $16,517,819 | 3,775,601,207 | |
Collateral invested for securities on loan, at value (cost $17,013,375) | + | 17,013,375 |
Total investments, at value (cost $3,074,835,927) | 3,810,105,444 | |
Deposit with broker for futures contracts | 375,000 | |
Receivables: | ||
Fund shares sold | 15,055,707 | |
Dividends | 3,556,907 | |
Income from securities on loan | + | 19,007 |
Total assets | 3,829,112,065 | |
Liabilities | ||
Collateral held for securities on loan | 17,013,375 | |
Payables: | ||
Investments bought | 14,915,710 | |
Investment adviser fees | 112,934 | |
Variation margin on futures contracts | + | 20,620 |
Total liabilities | 32,062,639 | |
Net Assets | ||
Total assets | 3,829,112,065 | |
Total liabilities | – | 32,062,639 |
Net assets | $3,797,049,426 | |
Net Assets by Source | ||
Capital received from investors | 3,091,839,607 | |
Net investment income not yet distributed | 6,562,025 | |
Net realized capital losses | (36,853,696) | |
Net unrealized capital appreciation | 735,501,490 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$3,797,049,426 | 63,050,000 | $60.22 | ||
Investment Income | ||
Dividends received from affiliated issuer | $60,473 | |
Dividends received from unaffiliated issuers (net of foreign withholding tax of $2,397) | 19,258,082 | |
Securities on loan, net | + | 166,423 |
Total investment income | 19,484,978 | |
Expenses | ||
Investment adviser fees | 839,368 | |
Total expenses | – | 839,368 |
Net investment income | 18,645,610 | |
Realized and Unrealized Gains (Losses) | ||
Net realized losses on investments | (31,395,695) | |
Net realized gains on in-kind redemptions on affiliated issuer | 55,833 | |
Net realized gains on in-kind redemptions on unaffiliated investments | 12,335,654 | |
Net realized gains on futures contracts | + | 248,173 |
Net realized losses | (18,756,035) | |
Net change in unrealized appreciation (depreciation) on affiliated issuer | 3,356,383 | |
Net change in unrealized appreciation (depreciation) on unaffiliated investments | 313,970,166 | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | 163,194 |
Net change in unrealized appreciation (depreciation) | + | 317,489,743 |
Net realized and unrealized gains | 298,733,708 | |
Increase in net assets resulting from operations | $317,379,318 |
Operations | ||||
9/1/16-2/28/17 | 9/1/15-8/31/16 | |||
Net investment income | $18,645,610 | $29,703,445 | ||
Net realized gains (losses) | (18,756,035) | 59,719,552 | ||
Net change in unrealized appreciation (depreciation) | + | 317,489,743 | 100,530,007 | |
Increase in net assets resulting from operations | 317,379,318 | 189,953,004 | ||
Distributions to Shareholders | ||||
Distributions from net investment income | ($17,126,390) | ($28,157,885) |
Transactions in Fund Shares | ||||||||
9/1/16-2/28/17 | 9/1/15-8/31/16 | |||||||
SHARES | VALUE | SHARES | VALUE | |||||
Shares sold | 10,600,000 | $599,109,372 | 15,350,000 | $807,870,244 | ||||
Shares redeemed | + | (1,500,000) | (82,787,872) | (4,650,000) | (235,291,453) | |||
Net transactions in fund shares | 9,100,000 | $516,321,500 | 10,700,000 | $572,578,791 | ||||
Shares Outstanding and Net Assets | ||||||||
9/1/16-2/28/17 | 9/1/15-8/31/16 | |||||||
SHARES | NET ASSETS | SHARES | NET ASSETS | |||||
Beginning of period | 53,950,000 | $2,980,474,998 | 43,250,000 | $2,246,101,088 | ||||
Total increase | + | 9,100,000 | 816,574,428 | 10,700,000 | 734,373,910 | |||
End of period | 63,050,000 | $3,797,049,426 | 53,950,000 | $2,980,474,998 | ||||
Net investment income not yet distributed | $6,562,025 | $5,042,805 |
9/1/16– 2/28/17* | 9/1/15– 8/31/16 | 9/1/14– 8/31/15 | 9/1/13– 8/31/14 | 9/1/12– 8/31/13 | 9/1/11– 8/31/12 | |
Per-Share Data | ||||||
Net asset value at beginning of period | $46.01 | $40.89 | $43.54 | $36.49 | $31.24 | $27.34 |
Income (loss) from investment operations: | ||||||
Net investment income (loss) | 0.71 1 | 1.29 1 | 1.20 1 | 1.00 | 0.93 | 0.82 |
Net realized and unrealized gains (losses) | 4.12 | 5.01 | (2.75) | 7.03 | 5.24 | 3.89 |
Total from investment operations | 4.83 | 6.30 | (1.55) | 8.03 | 6.17 | 4.71 |
Less distributions: | ||||||
Distributions from net investment income | (0.67) | (1.18) | (1.10) | (0.98) | (0.92) | (0.81) |
Net asset value at end of period | $50.17 | $46.01 | $40.89 | $43.54 | $36.49 | $31.24 |
Total return | 10.60% 2 | 15.70% | (3.71%) | 22.25% | 20.06% | 17.53% |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.05% 3,4 | 0.07% 5 | 0.07% | 0.07% | 0.07% | 0.13% |
Net investment income (loss) | 3.03% 3 | 3.00% | 2.75% | 2.54% | 2.73% | 2.89% |
Portfolio turnover rate6 | 5% 2 | 6% | 15% | 9% | 9% | 8% |
Net assets, end of period (x 1,000) | $3,205,603 | $2,491,664 | $1,435,194 | $1,162,576 | $700,693 | $385,791 |
* | Unaudited. |
Holdings by Category | Cost ($) | Value ($) | |
99.8% | Common Stock | 2,710,497,135 | 3,197,302,536 |
0.2% | Other Investment Companies | 7,285,038 | 7,285,038 |
100.0% | Total Investments | 2,717,782,173 | 3,204,587,574 |
0.0% | Other Assets and Liabilities, Net | 1,015,847 | |
100.0% | Net Assets | 3,205,603,421 |
Security | Number of Shares | % of Net Assets | Value ($) | |
Common Stock 99.8% of net assets | ||||
Automobiles & Components 1.4% | ||||
General Motors Co. | 384,928 | 0.4 | 14,180,748 | |
Other Securities | 1.0 | 28,757,350 | ||
1.4 | 42,938,098 | |||
Banks 11.9% | ||||
Bank of America Corp. | 2,795,847 | 2.2 | 69,001,504 | |
Citigroup, Inc. | 788,394 | 1.5 | 47,153,845 | |
JPMorgan Chase & Co. | 989,812 | 2.8 | 89,696,763 | |
The PNC Financial Services Group, Inc. | 133,938 | 0.5 | 17,040,932 | |
U.S. Bancorp | 439,214 | 0.8 | 24,156,770 | |
Wells Fargo & Co. | 1,250,027 | 2.3 | 72,351,563 | |
Other Securities | 1.8 | 61,615,192 | ||
11.9 | 381,016,569 | |||
Capital Goods 7.8% | ||||
Caterpillar, Inc. | 161,993 | 0.5 | 15,658,243 | |
General Dynamics Corp. | 79,365 | 0.5 | 15,064,271 | |
General Electric Co. | 2,447,626 | 2.3 | 72,963,731 | |
Honeywell International, Inc. | 210,526 | 0.8 | 26,210,487 | |
United Technologies Corp. | 211,129 | 0.7 | 23,762,569 | |
Other Securities | 3.0 | 95,029,767 | ||
7.8 | 248,689,068 | |||
Commercial & Professional Services 0.4% | ||||
Other Securities | 0.4 | 13,903,683 | ||
Consumer Durables & Apparel 0.6% | ||||
Other Securities | 0.6 | 20,411,667 | ||
Security | Number of Shares | % of Net Assets | Value ($) | |
Consumer Services 1.5% | ||||
McDonald's Corp. | 230,016 | 0.9 | 29,361,542 | |
Other Securities | 0.6 | 16,806,153 | ||
1.5 | 46,167,695 | |||
Diversified Financials 3.7% | ||||
The Goldman Sachs Group, Inc. | 102,425 | 0.8 | 25,407,545 | |
Other Securities | 2.9 | 93,949,760 | ||
3.7 | 119,357,305 | |||
Energy 8.7% | ||||
Chevron Corp. | 522,610 | 1.8 | 58,793,625 | |
ConocoPhillips | 341,973 | 0.5 | 16,267,656 | |
Exxon Mobil Corp. | 1,147,502 | 2.9 | 93,314,863 | |
Other Securities | 3.5 | 110,966,209 | ||
8.7 | 279,342,353 | |||
Food & Staples Retailing 1.4% | ||||
Wal-Mart Stores, Inc. | 417,112 | 0.9 | 29,585,754 | |
Other Securities | 0.5 | 15,553,215 | ||
1.4 | 45,138,969 | |||
Food, Beverage & Tobacco 8.7% | ||||
Altria Group, Inc. | 540,209 | 1.3 | 40,472,458 | |
Mondelez International, Inc., Class A | 425,187 | 0.6 | 18,674,213 | |
PepsiCo, Inc. | 396,953 | 1.4 | 43,815,672 | |
Philip Morris International, Inc. | 429,461 | 1.5 | 46,961,560 | |
Reynolds American, Inc. | 227,958 | 0.4 | 14,035,374 | |
The Coca-Cola Co. | 1,073,682 | 1.4 | 45,051,697 | |
The Kraft Heinz Co. | 164,355 | 0.5 | 15,040,126 | |
Other Securities | 1.6 | 55,270,211 | ||
8.7 | 279,321,311 | |||
Health Care Equipment & Services 2.1% | ||||
Abbott Laboratories | 475,802 | 0.7 | 21,449,154 | |
Other Securities | 1.4 | 46,739,359 | ||
2.1 | 68,188,513 | |||
Household & Personal Products 3.1% | ||||
Colgate-Palmolive Co. | 246,063 | 0.6 | 17,957,678 | |
The Procter & Gamble Co. | 740,157 | 2.1 | 67,406,098 | |
Other Securities | 0.4 | 14,304,934 | ||
3.1 | 99,668,710 | |||
Security | Number of Shares | % of Net Assets | Value ($) | |
Insurance 4.7% | ||||
American International Group, Inc. | 268,653 | 0.5 | 17,172,300 | |
Chubb Ltd. | 128,778 | 0.6 | 17,793,256 | |
MetLife, Inc. | 304,171 | 0.5 | 15,950,727 | |
Other Securities | 3.1 | 100,303,263 | ||
4.7 | 151,219,546 | |||
Materials 3.4% | ||||
E.I. du Pont de Nemours & Co. | 240,516 | 0.6 | 18,890,127 | |
The Dow Chemical Co. | 310,230 | 0.6 | 19,314,920 | |
Other Securities | 2.2 | 69,367,735 | ||
3.4 | 107,572,782 | |||
Media 1.8% | ||||
Time Warner, Inc. | 212,286 | 0.7 | 20,848,608 | |
Other Securities | 1.1 | 38,095,450 | ||
1.8 | 58,944,058 | |||
Pharmaceuticals, Biotechnology & Life Sciences 8.9% | ||||
AbbVie, Inc. | 450,211 | 0.9 | 27,841,048 | |
Bristol-Myers Squibb Co. | 462,255 | 0.8 | 26,214,481 | |
Eli Lilly & Co. | 269,095 | 0.7 | 22,283,757 | |
Johnson & Johnson | 752,152 | 2.9 | 91,920,496 | |
Merck & Co., Inc. | 762,315 | 1.6 | 50,213,689 | |
Pfizer, Inc. | 1,677,486 | 1.8 | 57,235,822 | |
Other Securities | 0.2 | 9,111,526 | ||
8.9 | 284,820,819 | |||
Real Estate 2.4% | ||||
Other Securities | 2.4 | 77,806,668 | ||
Retailing 0.9% | ||||
Other Securities | 0.9 | 28,618,183 | ||
Semiconductors & Semiconductor Equipment 3.7% | ||||
Intel Corp. | 1,308,594 | 1.5 | 47,371,103 | |
Texas Instruments, Inc. | 274,307 | 0.7 | 21,017,402 | |
Other Securities | 1.5 | 50,696,207 | ||
3.7 | 119,084,712 | |||
Software & Services 8.0% | ||||
International Business Machines Corp. | 239,492 | 1.3 | 43,065,451 | |
Microsoft Corp. | 2,150,592 | 4.3 | 137,594,876 | |
Oracle Corp. | 829,089 | 1.1 | 35,310,901 | |
Other Securities | 1.3 | 39,580,525 | ||
8.0 | 255,551,753 | |||
Technology Hardware & Equipment 3.5% | ||||
Cisco Systems, Inc. | 1,388,053 | 1.5 | 47,443,652 | |
Other Securities | 2.0 | 64,722,783 | ||
3.5 | 112,166,435 | |||
Security | Number of Shares | % of Net Assets | Value ($) | |
Telecommunication Services 4.2% | ||||
AT&T, Inc. | 1,699,141 | 2.2 | 71,007,102 | |
Verizon Communications, Inc. | 1,128,334 | 1.7 | 55,999,217 | |
Other Securities | 0.3 | 6,932,316 | ||
4.2 | 133,938,635 | |||
Transportation 1.0% | ||||
Other Securities | 1.0 | 31,864,061 | ||
Utilities 6.0% | ||||
Duke Energy Corp. | 191,208 | 0.5 | 15,784,220 | |
NextEra Energy, Inc. | 129,384 | 0.5 | 16,949,304 | |
Other Securities | 5.0 | 158,837,419 | ||
6.0 | 191,570,943 | |||
Total Common Stock | ||||
(Cost $2,710,497,135) | 3,197,302,536 | |||
Other Investment Companies 0.2% of net assets | ||||
Money Market Fund 0.2% | ||||
Other Securities | 0.2 | 5,804,788 | ||
Securities Lending Collateral 0.0% | ||||
Other Securities | 0.0 | 1,480,250 | ||
Total Other Investment Companies | ||||
(Cost $7,285,038) | 7,285,038 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $1,251,182. |
(b) | The rate shown is the 7-day yield. |
Number of Contracts | Contract Value ($) | Unrealized Appreciation ($) | ||||
Futures Contracts | ||||||
S&P 500 Index, e-mini, Long, expires 03/17/17 | 65 | 7,679,100 | 103,575 |
Description | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |
Common Stock1 | $3,197,302,536 | $— | $— | $3,197,302,536 | |
Other Investment Companies1 | 7,285,038 | — | — | 7,285,038 | |
Total | $3,204,587,574 | $— | $— | $3,204,587,574 | |
Other Financial Instruments | |||||
Futures Contracts2 | $103,575 | $— | $— | $103,575 |
1 | As categorized in the complete schedule of Portfolio Holdings. |
2 | Futures contracts are not included in Investments in the schedule of Condensed Portfolio Holdings and are valued at unrealized appreciation or depreciation. |
Assets | ||
Investments, at value (cost $2,716,301,923) including securities on loan of $1,251,182 | $3,203,107,324 | |
Collateral invested for securities on loan, at value (cost $1,480,250) | + | 1,480,250 |
Total investments, at value (cost $2,717,782,173) | 3,204,587,574 | |
Deposit with broker for futures contracts | 522,500 | |
Receivables: | ||
Investments sold | 10,339,393 | |
Fund shares sold | 10,033,187 | |
Dividends | 9,213,700 | |
Income from securities on loan | + | 792 |
Total assets | 3,234,697,146 | |
Liabilities | ||
Collateral held for securities on loan | 1,480,250 | |
Payables: | ||
Investments bought | 24,987,487 | |
Investment adviser fees | 95,171 | |
Fund shares redeemed | 2,512,942 | |
Variation margin on futures contracts | + | 17,875 |
Total liabilities | 29,093,725 | |
Net Assets | ||
Total assets | 3,234,697,146 | |
Total liabilities | – | 29,093,725 |
Net assets | $3,205,603,421 | |
Net Assets by Source | ||
Capital received from investors | 2,683,892,355 | |
Net investment income not yet distributed | 15,515,512 | |
Net realized capital gains | 19,286,578 | |
Net unrealized capital appreciation | 486,908,976 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$3,205,603,421 | 63,900,000 | $50.17 | ||
Investment Income | ||
Dividends | $41,446,324 | |
Securities on loan, net | + | 114,572 |
Total investment income | 41,560,896 | |
Expenses | ||
Investment adviser fees | 706,980 | |
Total expenses | – | 706,980 |
Net investment income | 40,853,916 | |
Realized and Unrealized Gains (Losses) | ||
Net realized losses on investments | (8,044,349) | |
Net realized gains on in-kind redemptions | 39,704,673 | |
Net realized gains on futures contracts | + | 588,655 |
Net realized gains | 32,248,979 | |
Net change in unrealized appreciation (depreciation) on investments | 213,246,320 | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | 121,388 |
Net change in unrealized appreciation (depreciation) | + | 213,367,708 |
Net realized and unrealized gains | 245,616,687 | |
Increase in net assets resulting from operations | $286,470,603 |
Operations | ||||
9/1/16-2/28/17 | 9/1/15-8/31/16 | |||
Net investment income | $40,853,916 | $57,539,088 | ||
Net realized gains | 32,248,979 | 14,607,551 | ||
Net change in unrealized appreciation (depreciation) | + | 213,367,708 | 211,036,903 | |
Increase in net assets resulting from operations | 286,470,603 | 283,183,542 | ||
Distributions to Shareholders | ||||
Distributions from net investment income | ($38,235,425) | ($51,275,935) |
Transactions in Fund Shares | ||||||||
9/1/16-2/28/17 | 9/1/15-8/31/16 | |||||||
SHARES | VALUE | SHARES | VALUE | |||||
Shares sold | 12,700,000 | $601,195,833 | 21,700,000 | $931,456,390 | ||||
Shares redeemed | + | (2,950,000) | (135,491,185) | (2,650,000) | (106,894,736) | |||
Net transactions in fund shares | 9,750,000 | $465,704,648 | 19,050,000 | $824,561,654 | ||||
Shares Outstanding and Net Assets | ||||||||
9/1/16-2/28/17 | 9/1/15-8/31/16 | |||||||
SHARES | NET ASSETS | SHARES | NET ASSETS | |||||
Beginning of period | 54,150,000 | $2,491,663,595 | 35,100,000 | $1,435,194,334 | ||||
Total increase | + | 9,750,000 | 713,939,826 | 19,050,000 | 1,056,469,261 | |||
End of period | 63,900,000 | $3,205,603,421 | 54,150,000 | $2,491,663,595 | ||||
Net investment income not yet distributed | $15,515,512 | $12,897,021 |
9/1/16– 2/28/17* | 9/1/15– 8/31/16 | 9/1/14– 8/31/15 | 9/1/13– 8/31/14 | 9/1/12– 8/31/13 | 9/1/11– 8/31/12 | |
Per-Share Data | ||||||
Net asset value at beginning of period | $43.67 | $40.70 | $40.56 | $32.94 | $26.56 | $23.75 |
Income (loss) from investment operations: | ||||||
Net investment income (loss) | 0.38 1 | 0.74 1 | 0.59 1 | 0.56 | 0.51 | 0.37 |
Net realized and unrealized gains (losses) | 3.80 | 2.84 | 0.12 | 7.62 | 6.40 | 2.77 |
Total from investment operations | 4.18 | 3.58 | 0.71 | 8.18 | 6.91 | 3.14 |
Less distributions: | ||||||
Distributions from net investment income | (0.39) | (0.61) | (0.57) | (0.56) | (0.53) | (0.33) |
Net asset value at end of period | $47.46 | $43.67 | $40.70 | $40.56 | $32.94 | $26.56 |
Total return | 9.64% 2 | 8.94% | 1.71% | 24.97% | 26.27% | 13.32% |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.06% 3,4 | 0.07% | 0.07% | 0.07% | 0.07% | 0.13% |
Net investment income (loss) | 1.72% 3 | 1.83% | 1.42% | 1.53% | 1.70% | 1.53% |
Portfolio turnover rate5 | 16% 2 | 21% | 12% | 9% | 25% | 19% |
Net assets, end of period (x 1,000) | $3,194,193 | $2,532,590 | $1,841,785 | $1,190,517 | $611,081 | $205,840 |
* | Unaudited. |
Holdings by Category | Cost ($) | Value ($) | |
99.7% | Common Stock | 2,739,097,634 | 3,185,488,186 |
1.0% | Other Investment Companies | 30,415,835 | 30,415,835 |
100.7% | Total Investments | 2,769,513,469 | 3,215,904,021 |
(0.7%) | Other Assets and Liabilities, Net | (21,710,849) | |
100.0% | Net Assets | 3,194,193,172 |
Security | Number of Shares | % of Net Assets | Value ($) | |
Common Stock 99.7% of net assets | ||||
Automobiles & Components 1.6% | ||||
Lear Corp. | 80,527 | 0.4 | 11,434,029 | |
Other Securities | 1.2 | 40,350,681 | ||
1.6 | 51,784,710 | |||
Banks 5.7% | ||||
Comerica, Inc. | 197,589 | 0.4 | 14,084,144 | |
First Republic Bank | 174,490 | 0.5 | 16,372,397 | |
Huntington Bancshares, Inc. | 1,238,347 | 0.5 | 17,510,227 | |
SVB Financial Group * | 60,666 | 0.4 | 11,580,533 | |
Zions Bancorp | 237,304 | 0.3 | 10,654,950 | |
Other Securities | 3.6 | 111,009,048 | ||
5.7 | 181,211,299 | |||
Capital Goods 10.6% | ||||
Huntington Ingalls Industries, Inc. | 52,379 | 0.4 | 11,444,811 | |
Snap-on, Inc. | 67,300 | 0.4 | 11,418,791 | |
United Rentals, Inc. * | 95,895 | 0.4 | 12,277,437 | |
Other Securities | 9.4 | 302,232,568 | ||
10.6 | 337,373,607 | |||
Commercial & Professional Services 1.7% | ||||
Other Securities | 1.7 | 56,056,235 | ||
Consumer Durables & Apparel 3.4% | ||||
Hasbro, Inc. | 129,672 | 0.4 | 12,561,327 | |
Lennar Corp., Class A | 226,144 | 0.3 | 11,033,566 | |
Other Securities | 2.7 | 86,074,890 | ||
3.4 | 109,669,783 | |||
Consumer Services 3.3% | ||||
Other Securities | 3.3 | 106,160,899 | ||
Security | Number of Shares | % of Net Assets | Value ($) | |
Diversified Financials 4.9% | ||||
E*TRADE Financial Corp. * | 318,585 | 0.3 | 10,994,369 | |
Raymond James Financial, Inc. | 145,114 | 0.4 | 11,400,156 | |
Other Securities | 4.2 | 133,581,753 | ||
4.9 | 155,976,278 | |||
Energy 5.3% | ||||
ONEOK, Inc. | 240,052 | 0.4 | 12,974,811 | |
Targa Resources Corp. | 219,913 | 0.4 | 12,425,084 | |
TechnipFMC plc * | 539,054 | 0.5 | 17,422,225 | |
Other Securities | 4.0 | 125,991,979 | ||
5.3 | 168,814,099 | |||
Food & Staples Retailing 0.6% | ||||
Other Securities | 0.6 | 18,114,128 | ||
Food, Beverage & Tobacco 2.0% | ||||
The WhiteWave Foods Co. * | 201,912 | 0.3 | 11,121,313 | |
Other Securities | 1.7 | 51,948,831 | ||
2.0 | 63,070,144 | |||
Health Care Equipment & Services 4.8% | ||||
IDEXX Laboratories, Inc. * | 103,208 | 0.5 | 14,958,968 | |
ResMed, Inc. | 161,023 | 0.4 | 11,598,487 | |
The Cooper Cos., Inc. | 56,252 | 0.4 | 11,202,023 | |
Other Securities | 3.5 | 115,743,960 | ||
4.8 | 153,503,438 | |||
Household & Personal Products 0.6% | ||||
Other Securities | 0.6 | 20,074,161 | ||
Insurance 5.7% | ||||
Alleghany Corp. * | 17,774 | 0.4 | 11,478,449 | |
Arch Capital Group Ltd. * | 141,955 | 0.4 | 13,424,684 | |
Arthur J. Gallagher & Co. | 203,278 | 0.4 | 11,576,682 | |
Everest Re Group Ltd. | 46,450 | 0.3 | 10,922,253 | |
FNF Group | 309,041 | 0.4 | 11,845,542 | |
Unum Group | 268,621 | 0.4 | 13,116,763 | |
Other Securities | 3.4 | 110,945,109 | ||
5.7 | 183,309,482 | |||
Security | Number of Shares | % of Net Assets | Value ($) | |
Materials 6.1% | ||||
Albemarle Corp. | 129,834 | 0.4 | 13,179,449 | |
International Flavors & Fragrances, Inc. | 90,428 | 0.4 | 11,366,800 | |
Other Securities | 5.3 | 170,132,378 | ||
6.1 | 194,678,627 | |||
Media 2.3% | ||||
The Interpublic Group of Cos., Inc. | 457,788 | 0.3 | 11,032,691 | |
Other Securities | 2.0 | 63,421,117 | ||
2.3 | 74,453,808 | |||
Pharmaceuticals, Biotechnology & Life Sciences 4.3% | ||||
Mettler-Toledo International, Inc. * | 30,126 | 0.4 | 14,346,604 | |
Quintiles IMS Holdings, Inc. * | 155,060 | 0.4 | 12,000,093 | |
Other Securities | 3.5 | 112,384,815 | ||
4.3 | 138,731,512 | |||
Real Estate 10.9% | ||||
Alexandria Real Estate Equities, Inc. | 100,896 | 0.4 | 12,037,902 | |
Extra Space Storage, Inc. | 145,865 | 0.4 | 11,551,049 | |
Mid-America Apartment Communities, Inc. | 131,505 | 0.4 | 13,509,509 | |
UDR, Inc. | 304,351 | 0.3 | 11,108,811 | |
Other Securities | 9.4 | 298,814,569 | ||
10.9 | 347,021,840 | |||
Retailing 3.2% | ||||
Foot Locker, Inc. | 153,827 | 0.4 | 11,640,089 | |
LKQ Corp. * | 351,937 | 0.3 | 11,114,170 | |
Other Securities | 2.5 | 78,049,344 | ||
3.2 | 100,803,603 | |||
Semiconductors & Semiconductor Equipment 2.4% | ||||
Advanced Micro Devices, Inc. * | 873,243 | 0.4 | 12,627,094 | |
KLA-Tencor Corp. | 180,961 | 0.5 | 16,308,205 | |
Other Securities | 1.5 | 46,450,243 | ||
2.4 | 75,385,542 | |||
Software & Services 8.8% | ||||
ANSYS, Inc. * | 99,643 | 0.3 | 10,637,887 | |
CDK Global, Inc. | 170,161 | 0.4 | 11,303,795 | |
Computer Sciences Corp. | 164,644 | 0.4 | 11,287,993 | |
Synopsys, Inc. * | 171,661 | 0.4 | 12,263,462 | |
Vantiv, Inc., Class A * | 177,408 | 0.4 | 11,598,935 | |
Other Securities | 6.9 | 223,734,794 | ||
8.8 | 280,826,866 | |||
Technology Hardware & Equipment 3.8% | ||||
CDW Corp. | 182,910 | 0.3 | 10,773,399 | |
Other Securities | 3.5 | 109,209,619 | ||
3.8 | 119,983,018 | |||
Telecommunication Services 0.3% | ||||
Other Securities | 0.3 | 10,313,955 | ||
Security | Number of Shares | % of Net Assets | Value ($) | |
Transportation 2.7% | ||||
Alaska Air Group, Inc. | 141,473 | 0.4 | 13,838,889 | |
Expeditors International of Washington, Inc. | 205,435 | 0.4 | 11,582,425 | |
Other Securities | 1.9 | 62,155,954 | ||
2.7 | 87,577,268 | |||
Utilities 4.7% | ||||
CenterPoint Energy, Inc. | 494,398 | 0.4 | 13,506,953 | |
SCANA Corp. | 164,619 | 0.4 | 11,416,328 | |
Other Securities | 3.9 | 125,670,603 | ||
4.7 | 150,593,884 | |||
Total Common Stock | ||||
(Cost $2,739,097,634) | 3,185,488,186 | |||
Other Investment Companies 1.0% of net assets | ||||
Money Market Fund 0.1% | ||||
Other Securities | 0.1 | 2,830,964 | ||
Securities Lending Collateral 0.9% | ||||
Wells Fargo Government Money Market Fund, Select Class 0.48% (b) | 0.9 | 27,584,871 | ||
Total Other Investment Companies | ||||
(Cost $30,415,835) | 30,415,835 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $26,043,777. |
(b) | The rate shown is the 7-day yield. |
Number of Contracts | Contract Value ($) | Unrealized Appreciation ($) | ||||
Futures Contracts | ||||||
S&P 500 Index, e-mini, Long, expires 03/17/17 | 72 | 8,506,080 | 99,143 |
Description | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |
Common Stock1 | $3,185,488,186 | $— | $— | $3,185,488,186 | |
Other Investment Companies1 | 30,415,835 | — | — | 30,415,835 | |
Total | $3,215,904,021 | $— | $— | $3,215,904,021 | |
Other Financial Instruments | |||||
Futures Contracts2 | $99,143 | $— | $— | $99,143 |
1 | As categorized in the complete schedule of Portfolio Holdings. |
2 | Futures contracts are not included in Investments in the schedule of Condensed Portfolio Holdings and are valued at unrealized appreciation or depreciation. |
Assets | ||
Investments, at value (cost $2,741,928,598) including securities on loan of $26,043,777 | $3,188,319,150 | |
Collateral invested for securities on loan, at value (cost $27,584,871) | + | 27,584,871 |
Total investments, at value (cost $2,769,513,469) | 3,215,904,021 | |
Cash | 4,531,385 | |
Deposit with broker for futures contracts | 441,750 | |
Receivables: | ||
Investments sold | 3,320 | |
Fund shares sold | 4,750,320 | |
Dividends | 2,606,667 | |
Income from securities on loan | + | 30,965 |
Total assets | 3,228,268,428 | |
Liabilities | ||
Collateral held for securities on loan | 27,584,871 | |
Payables: | ||
Investments bought | 6,336,637 | |
Investment adviser fees | 143,332 | |
Variation margin on futures contracts | + | 10,416 |
Total liabilities | 34,075,256 | |
Net Assets | ||
Total assets | 3,228,268,428 | |
Total liabilities | – | 34,075,256 |
Net assets | $3,194,193,172 | |
Net Assets by Source | ||
Capital received from investors | 2,803,902,050 | |
Net investment income not yet distributed | 7,426,748 | |
Net realized capital losses | (63,625,321) | |
Net unrealized capital appreciation | 446,489,695 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$3,194,193,172 | 67,300,000 | $47.46 | ||
Investment Income | ||
Dividends (net of foreign withholding tax of $13,137) | $23,910,163 | |
Securities on loan, net | + | 237,683 |
Total investment income | 24,147,846 | |
Expenses | ||
Investment adviser fees | 836,560 | |
Total expenses | – | 836,560 |
Net investment income | 23,311,286 | |
Realized and Unrealized Gains (Losses) | ||
Net realized losses on investments | (74,007,532) | |
Net realized gains on in-kind redemptions | 80,246,555 | |
Net realized gains on futures contracts | + | 623,317 |
Net realized gains | 6,862,340 | |
Net change in unrealized appreciation (depreciation) on investments | 230,633,848 | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | 16,484 |
Net change in unrealized appreciation (depreciation) | + | 230,650,332 |
Net realized and unrealized gains | 237,512,672 | |
Increase in net assets resulting from operations | $260,823,958 |
Operations | ||||
9/1/16-2/28/17 | 9/1/15-8/31/16 | |||
Net investment income | $23,311,286 | $37,655,235 | ||
Net realized gains | 6,862,340 | 36,243,784 | ||
Net change in unrealized appreciation (depreciation) | + | 230,650,332 | 112,503,628 | |
Increase in net assets resulting from operations | 260,823,958 | 186,402,647 | ||
Distributions to Shareholders | ||||
Distributions from net investment income | ($23,892,640) | ($30,341,985) |
Transactions in Fund Shares | ||||||||
9/1/16-2/28/17 | 9/1/15-8/31/16 | |||||||
SHARES | VALUE | SHARES | VALUE | |||||
Shares sold | 16,700,000 | $742,267,097 | 22,550,000 | $932,205,713 | ||||
Shares redeemed | + | (7,400,000) | (317,595,495) | (9,800,000) | (397,461,135) | |||
Net transactions in fund shares | 9,300,000 | $424,671,602 | 12,750,000 | $534,744,578 | ||||
Shares Outstanding and Net Assets | ||||||||
9/1/16-2/28/17 | 9/1/15-8/31/16 | |||||||
SHARES | NET ASSETS | SHARES | NET ASSETS | |||||
Beginning of period | 58,000,000 | $2,532,590,252 | 45,250,000 | $1,841,785,012 | ||||
Total increase | + | 9,300,000 | 661,602,920 | 12,750,000 | 690,805,240 | |||
End of period | 67,300,000 | $3,194,193,172 | 58,000,000 | $2,532,590,252 | ||||
Net investment income not yet distributed | $7,426,748 | $8,008,102 |
9/1/16– 2/28/17* | 9/1/15– 8/31/16 | 9/1/14– 8/31/15 | 9/1/13– 8/31/14 | 9/1/12– 8/31/13 | 9/1/11– 8/31/12 | |
Per-Share Data | ||||||
Net asset value at beginning of period | $57.42 | $53.54 | $54.53 | $45.71 | $36.55 | $32.34 |
Income (loss) from investment operations: | ||||||
Net investment income (loss) | 0.50 1 | 0.93 1 | 0.80 1 | 0.73 | 0.74 | 0.49 |
Net realized and unrealized gains (losses) | 5.91 | 3.75 | (1.07) | 8.84 | 9.18 | 4.16 |
Total from investment operations | 6.41 | 4.68 | (0.27) | 9.57 | 9.92 | 4.65 |
Less distributions: | ||||||
Distributions from net investment income | (0.55) | (0.80) | (0.72) | (0.75) | (0.76) | (0.44) |
Net asset value at end of period | $63.28 | $57.42 | $53.54 | $54.53 | $45.71 | $36.55 |
Total return | 11.21% 2 | 8.89% | (0.54%) | 21.01% | 27.47% | 14.52% |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.06% 3,4 | 0.08% 5 | 0.08% | 0.08% | 0.09% 6 | 0.13% |
Net investment income (loss) | 1.70% 3 | 1.76% | 1.44% | 1.41% | 1.74% | 1.44% |
Portfolio turnover rate7 | 9% 2 | 11% | 9% | 13% | 22% | 12% |
Net assets, end of period (x 1,000) | $5,213,917 | $3,772,207 | $2,893,741 | $2,104,717 | $1,446,857 | $641,516 |
* | Unaudited. |
Holdings by Category | Cost ($) | Value ($) | |
99.6% | Common Stock | 4,482,108,778 | 5,195,030,052 |
0.0% | Rights | 215,274 | 270,394 |
2.0% | Other Investment Companies | 102,535,681 | 102,535,681 |
101.6% | Total Investments | 4,584,859,733 | 5,297,836,127 |
(1.6%) | Other Assets and Liabilities, Net | (83,919,610) | |
100.0% | Net Assets | 5,213,916,517 |
Security | Number of Shares | % of Net Assets | Value ($) | |
Common Stock 99.6% of net assets | ||||
Automobiles & Components 1.5% | ||||
Gentex Corp. | 557,098 | 0.2 | 11,715,771 | |
Thor Industries, Inc. | 94,367 | 0.2 | 10,457,751 | |
Other Securities | 1.1 | 54,322,596 | ||
1.5 | 76,496,118 | |||
Banks 11.1% | ||||
Bank of the Ozarks, Inc. | 183,113 | 0.2 | 10,021,774 | |
Commerce Bancshares, Inc. | 173,948 | 0.2 | 10,266,411 | |
PacWest Bancorp | 236,766 | 0.3 | 13,045,807 | |
Prosperity Bancshares, Inc. | 139,422 | 0.2 | 10,392,516 | |
Synovus Financial Corp. | 240,913 | 0.2 | 10,171,347 | |
Webster Financial Corp. | 181,253 | 0.2 | 9,956,227 | |
Other Securities | 9.8 | 512,290,789 | ||
11.1 | 576,144,871 | |||
Capital Goods 9.8% | ||||
AECOM * | 302,837 | 0.2 | 11,008,125 | |
Graco, Inc. | 108,951 | 0.2 | 9,888,393 | |
Hexcel Corp. | 183,243 | 0.2 | 10,074,700 | |
Orbital ATK, Inc. | 114,424 | 0.2 | 10,575,066 | |
Oshkosh Corp. | 147,771 | 0.2 | 10,032,173 | |
Other Securities | 8.8 | 461,005,919 | ||
9.8 | 512,584,376 | |||
Commercial & Professional Services 3.0% | ||||
Other Securities | 3.0 | 158,249,906 | ||
Consumer Durables & Apparel 2.2% | ||||
Brunswick Corp. | 175,313 | 0.2 | 10,499,496 | |
Other Securities | 2.0 | 106,195,371 | ||
2.2 | 116,694,867 | |||
Security | Number of Shares | % of Net Assets | Value ($) | |
Consumer Services 3.8% | ||||
Panera Bread Co., Class A * | 43,607 | 0.2 | 10,064,496 | |
ServiceMaster Global Holdings, Inc. * | 265,032 | 0.2 | 10,556,225 | |
Six Flags Entertainment Corp. | 168,343 | 0.2 | 10,203,269 | |
Other Securities | 3.2 | 168,539,675 | ||
3.8 | 199,363,665 | |||
Diversified Financials 3.4% | ||||
New Residential Investment Corp. | 597,353 | 0.2 | 10,077,345 | |
SLM Corp. * | 854,206 | 0.2 | 10,241,930 | |
Other Securities | 3.0 | 154,667,676 | ||
3.4 | 174,986,951 | |||
Energy 4.5% | ||||
WPX Energy, Inc. * | 772,918 | 0.2 | 9,970,642 | |
Other Securities | 4.3 | 223,085,547 | ||
4.5 | 233,056,189 | |||
Food & Staples Retailing 0.5% | ||||
Other Securities | 0.5 | 27,516,285 | ||
Food, Beverage & Tobacco 1.5% | ||||
Other Securities | 1.5 | 77,555,518 | ||
Health Care Equipment & Services 5.7% | ||||
Envision Healthcare Corp. * | 233,619 | 0.3 | 16,353,330 | |
WellCare Health Plans, Inc. * | 86,958 | 0.2 | 12,278,470 | |
Other Securities | 5.2 | 270,843,136 | ||
5.7 | 299,474,936 | |||
Household & Personal Products 0.9% | ||||
Coty, Inc., Class A | 934,966 | 0.3 | 17,558,661 | |
Other Securities | 0.6 | 31,621,054 | ||
0.9 | 49,179,715 | |||
Insurance 3.6% | ||||
Assured Guaranty Ltd. | 256,496 | 0.2 | 10,544,551 | |
Endurance Specialty Holdings Ltd. | 127,243 | 0.2 | 11,824,692 | |
Old Republic International Corp. | 480,530 | 0.2 | 9,951,776 | |
Other Securities | 3.0 | 154,905,190 | ||
3.6 | 187,226,209 | |||
Security | Number of Shares | % of Net Assets | Value ($) | |
Materials 5.7% | ||||
Alcoa Corp. | 292,918 | 0.2 | 10,132,034 | |
Eagle Materials, Inc. | 94,753 | 0.2 | 9,826,834 | |
Olin Corp. | 318,774 | 0.2 | 9,907,496 | |
The Chemours Co. | 357,842 | 0.2 | 12,044,962 | |
United States Steel Corp. | 339,161 | 0.3 | 13,132,314 | |
Other Securities | 4.6 | 241,961,367 | ||
5.7 | 297,005,007 | |||
Media 2.0% | ||||
Other Securities | 2.0 | 104,789,077 | ||
Pharmaceuticals, Biotechnology & Life Sciences 6.3% | ||||
TESARO, Inc. * | 66,617 | 0.2 | 12,548,644 | |
Other Securities | 6.1 | 314,956,222 | ||
6.3 | 327,504,866 | |||
Real Estate 9.5% | ||||
Colony NorthStar, Inc., Class A | 1,080,913 | 0.3 | 15,867,803 | |
CubeSmart | 357,122 | 0.2 | 9,731,574 | |
EPR Properties | 128,856 | 0.2 | 9,916,758 | |
Hospitality Properties Trust | 325,650 | 0.2 | 10,349,157 | |
Hudson Pacific Properties, Inc. | 292,291 | 0.2 | 10,692,005 | |
Other Securities | 8.4 | 439,523,960 | ||
9.5 | 496,081,257 | |||
Retailing 3.1% | ||||
Other Securities | 3.1 | 163,227,554 | ||
Semiconductors & Semiconductor Equipment 3.2% | ||||
Microsemi Corp. * | 228,054 | 0.2 | 11,817,758 | |
ON Semiconductor Corp. * | 809,690 | 0.2 | 12,250,610 | |
Teradyne, Inc. | 408,125 | 0.2 | 11,607,075 | |
Other Securities | 2.6 | 130,221,950 | ||
3.2 | 165,897,393 | |||
Software & Services 7.6% | ||||
Booz Allen Hamilton Holding Corp. | 289,781 | 0.2 | 10,365,466 | |
PTC, Inc. * | 224,441 | 0.2 | 12,095,125 | |
Take-Two Interactive Software, Inc. * | 201,496 | 0.2 | 11,481,242 | |
Other Securities | 7.0 | 364,815,895 | ||
7.6 | 398,757,728 | |||
Technology Hardware & Equipment 5.2% | ||||
ARRIS International plc * | 380,698 | 0.2 | 9,822,008 | |
Brocade Communications Systems, Inc. | 790,236 | 0.2 | 9,727,805 | |
Cognex Corp. | 173,273 | 0.3 | 13,309,099 | |
Other Securities | 4.5 | 236,147,081 | ||
5.2 | 269,005,993 | |||
Telecommunication Services 0.6% | ||||
Other Securities | 0.6 | 29,810,183 | ||
Security | Number of Shares | % of Net Assets | Value ($) | |
Transportation 1.6% | ||||
Other Securities | 1.6 | 84,752,541 | ||
Utilities 3.3% | ||||
Great Plains Energy, Inc. | 429,081 | 0.2 | 12,469,094 | |
MDU Resources Group, Inc. | 381,620 | 0.2 | 10,345,718 | |
Other Securities | 2.9 | 146,854,035 | ||
3.3 | 169,668,847 | |||
Total Common Stock | ||||
(Cost $4,482,108,778) | 5,195,030,052 | |||
Rights 0.0% of net assets | ||||
Health Care Equipment & Services 0.0% | ||||
Other Securities | 0.0 | — | ||
Media 0.0% | ||||
Other Securities | 0.0 | 55,120 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.0% | ||||
Other Securities | 0.0 | 215,274 | ||
Total Rights | ||||
(Cost $215,274) | 270,394 | |||
Other Investment Companies 2.0% of net assets | ||||
Money Market Fund 0.3% | ||||
State Street Institutional U.S. Government Money Market Fund, Premier Class 0.46% (c) | 14,093,689 | 0.3 | 14,093,689 | |
Securities Lending Collateral 1.7% | ||||
Wells Fargo Government Money Market Fund, Select Class 0.48% (c) | 1.7 | 88,441,992 | ||
Total Other Investment Companies | ||||
(Cost $102,535,681) | 102,535,681 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $85,671,956. |
(b) | Fair-valued by management in accordance with procedures approved by the Board of Trustees. |
(c) | The rate shown is the 7-day yield. |
CVR — | Contingent Value Rights |
REIT — | Real Estate Investment Trust |
Number of Contracts | Contract Value ($) | Unrealized Depreciation ($) | ||||
Futures Contracts | ||||||
Russell 2000 Index, e-mini, Long, expires 03/17/17 | 262 | 18,143,500 | (224,789) |
Description | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |
Common Stock1 | $4,867,525,186 | $— | $— | $4,867,525,186 | |
Pharmaceuticals, Biotechnology & Life Sciences | 325,953,655 | — | 1,551,211 | 327,504,866 | |
Rights 1 | — | — | 270,394 * | 270,394 | |
Other Investment Companies1 | 102,535,681 | — | — | 102,535,681 | |
Total | $5,296,014,522 | $— | $1,821,605 | $5,297,836,127 | |
Liabilities Valuation Input | |||||
Other Financial Instruments | |||||
Futures Contracts2 | ($224,789) | $— | $— | ($224,789) |
* | Level 3 amount shown includes securities determined to have no value at February 28, 2017. |
1 | As categorized in the complete schedule of Portfolio Holdings. |
2 | Futures contracts are not included in Investments in the schedule of Condensed Portfolio Holdings and are valued at unrealized appreciation or depreciation. |
Assets | ||
Investments, at value (cost $4,496,417,741) including securities on loan of $85,671,956 | $5,209,394,135 | |
Collateral invested for securities on loan, at value (cost $88,441,992) | + | 88,441,992 |
Total investments, at value (cost $4,584,859,733) | 5,297,836,127 | |
Cash | 13,754,346 | |
Deposit with broker for futures contracts | 1,023,000 | |
Receivables: | ||
Investments sold | 1,965,522 | |
Fund shares sold | 22,454,302 | |
Dividends | 3,711,514 | |
Income from securities on loan | + | 315,037 |
Total assets | 5,341,059,848 | |
Liabilities | ||
Collateral held for securities on loan | 88,441,992 | |
Payables: | ||
Investments bought | 38,136,882 | |
Investment adviser fees | 233,934 | |
Variation margin on futures contracts | + | 330,523 |
Total liabilities | 127,143,331 | |
Net Assets | ||
Total assets | 5,341,059,848 | |
Total liabilities | – | 127,143,331 |
Net assets | $5,213,916,517 | |
Net Assets by Source | ||
Capital received from investors | 4,472,393,594 | |
Net investment income not yet distributed | 9,825,312 | |
Net realized capital gains | 18,946,006 | |
Net unrealized capital appreciation | 712,751,605 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$5,213,916,517 | 82,400,000 | $63.28 | ||
Investment Income | ||
Dividends (net of foreign withholding tax of $10,492) | $35,762,123 | |
Securities on loan, net | + | 1,836,102 |
Total investment income | 37,598,225 | |
Expenses | ||
Investment adviser fees | 1,321,565 | |
Total expenses | – | 1,321,565 |
Net investment income | 36,276,660 | |
Realized and Unrealized Gains (Losses) | ||
Net realized gains on investments | 35,190,365 | |
Net realized gains on in-kind redemptions | 77,468,998 | |
Net realized gains on futures contracts | + | 1,649,644 |
Net realized gains | 114,309,007 | |
Net change in unrealized appreciation (depreciation) on investments | 306,934,953 | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | (223,592) |
Net change in unrealized appreciation (depreciation) | + | 306,711,361 |
Net realized and unrealized gains | 421,020,368 | |
Increase in net assets resulting from operations | $457,297,028 |
Operations | ||||
9/1/16-2/28/17 | 9/1/15-8/31/16 | |||
Net investment income | $36,276,660 | $54,948,126 | ||
Net realized gains | 114,309,007 | 79,006,472 | ||
Net change in unrealized appreciation (depreciation) | + | 306,711,361 | 157,262,021 | |
Increase in net assets resulting from operations | 457,297,028 | 291,216,619 | ||
Distributions to Shareholders | ||||
Distributions from net investment income | ($38,443,900) | ($46,392,950) |
Transactions in Fund Shares | ||||||||
9/1/16-2/28/17 | 9/1/15-8/31/16 | |||||||
SHARES | VALUE | SHARES | VALUE | |||||
Shares sold | 20,350,000 | $1,229,391,545 | (20,950,000) | $1,122,818,001 | ||||
Shares redeemed | + | (3,650,000) | (206,535,219) | (9,300,000) | (489,175,354) | |||
Net transactions in fund shares | 16,700,000 | $1,022,856,326 | 11,650,000 | $633,642,647 | ||||
Shares Outstanding and Net Assets | ||||||||
9/1/16-2/28/17 | 9/1/15-8/31/16 | |||||||
SHARES | NET ASSETS | SHARES | NET ASSETS | |||||
Beginning of period | 65,700,000 | $3,772,207,063 | 54,050,000 | $2,893,740,747 | ||||
Total increase | + | 16,700,000 | 1,441,709,454 | 11,650,000 | 878,466,316 | |||
End of period | 82,400,000 | $5,213,916,517 | 65,700,000 | $3,772,207,063 | ||||
Net investment income not yet distributed | $9,825,312 | $11,992,552 |
9/1/16– 2/28/17* | 9/1/15– 8/31/16 | 9/1/14– 8/31/15 | 9/1/13– 8/31/14 | 9/1/12– 8/31/13 | 10/19/11 1– 8/31/12 | |
Per-Share Data | ||||||
Net asset value at beginning of period | $42.47 | $36.52 | $38.90 | $33.00 | $28.58 | $25.00 |
Income (loss) from investment operations: | ||||||
Net investment income (loss) | 0.67 2 | 1.29 2 | 1.19 2 | 1.04 | 0.91 | 0.62 |
Net realized and unrealized gains (losses) | 2.33 | 5.85 | (2.46) | 5.86 | 4.40 | 3.43 |
Total from investment operations | 3.00 | 7.14 | (1.27) | 6.90 | 5.31 | 4.05 |
Less distributions: | ||||||
Distributions from net investment income | (0.64) | (1.19) | (1.11) | (1.00) | (0.89) | (0.47) |
Net asset value at end of period | $44.83 | $42.47 | $36.52 | $38.90 | $33.00 | $28.58 |
Total return | 7.14% 3 | 19.89% | (3.47%) | 21.15% | 18.93% | 16.31% 3 |
Ratios/Supplemental Data | ||||||
Ratios to average net assets: | ||||||
Total expenses | 0.07% 4 | 0.07% | 0.07% | 0.07% | 0.07% | 0.17% 4 |
Net investment income (loss) | 3.14% 4 | 3.27% | 3.03% | 3.01% | 3.09% | 3.19% 4 |
Portfolio turnover rate5 | 4% 3 | 22% | 19% | 26% | 13% | 17% 3 |
Net assets, end of period (x 1,000) | $5,209,385 | $4,300,443 | $2,497,808 | $2,075,331 | $1,141,690 | $504,464 |
* | Unaudited. |
Holdings by Category | Cost ($) | Value ($) | |
99.4% | Common Stock | 4,662,683,937 | 5,179,278,162 |
0.2% | Other Investment Companies | 7,199,480 | 7,470,326 |
99.6% | Total Investments | 4,669,883,417 | 5,186,748,488 |
0.4% | Other Assets and Liabilities, Net | 22,636,145 | |
100.0% | Net Assets | 5,209,384,633 |
Security | Number of Shares | % of Net Assets | Value ($) | |
Common Stock 99.4% of net assets | ||||
Automobiles & Components 0.3% | ||||
Other Securities | 0.3 | 13,681,509 | ||
Banks 0.4% | ||||
Other Securities | 0.4 | 20,250,156 | ||
Capital Goods 12.9% | ||||
3M Co. | 824,103 | 2.9 | 153,571,594 | |
Caterpillar, Inc. | 798,371 | 1.5 | 77,170,541 | |
Cummins, Inc. | 210,966 | 0.6 | 31,326,341 | |
Eaton Corp. plc | 618,442 | 0.9 | 44,515,455 | |
Emerson Electric Co. | 875,110 | 1.0 | 52,594,111 | |
Fastenal Co. | 392,489 | 0.4 | 19,636,225 | |
Lockheed Martin Corp. | 343,891 | 1.8 | 91,674,463 | |
PACCAR, Inc. | 476,132 | 0.6 | 31,810,379 | |
Rockwell Automation, Inc. | 175,898 | 0.5 | 26,578,188 | |
The Boeing Co. | 790,668 | 2.7 | 142,502,093 | |
12.9 | 671,379,390 | |||
Commercial & Professional Services 0.1% | ||||
Other Securities | 0.1 | 7,048,357 | ||
Consumer Durables & Apparel 1.0% | ||||
Other Securities | 1.0 | 54,776,169 | ||
Consumer Services 3.2% | ||||
McDonald's Corp. | 1,163,248 | 2.9 | 148,488,607 | |
Other Securities | 0.3 | 18,322,516 | ||
3.2 | 166,811,123 | |||
Security | Number of Shares | % of Net Assets | Value ($) | |
Diversified Financials 2.0% | ||||
CME Group, Inc. | 460,657 | 1.1 | 55,951,399 | |
T. Rowe Price Group, Inc. | 338,244 | 0.5 | 24,086,355 | |
Other Securities | 0.4 | 22,488,668 | ||
2.0 | 102,526,422 | |||
Energy 10.1% | ||||
Chevron Corp. | 1,984,365 | 4.3 | 223,241,063 | |
Exxon Mobil Corp. | 2,580,326 | 4.0 | 209,832,110 | |
The Williams Cos., Inc. | 928,966 | 0.5 | 26,326,896 | |
Valero Energy Corp. | 626,784 | 0.8 | 42,589,973 | |
Other Securities | 0.5 | 25,468,338 | ||
10.1 | 527,458,380 | |||
Food & Staples Retailing 2.8% | ||||
Wal-Mart Stores, Inc. | 2,065,639 | 2.8 | 146,515,774 | |
Food, Beverage & Tobacco 14.7% | ||||
Altria Group, Inc. | 2,661,804 | 3.8 | 199,422,356 | |
General Mills, Inc. | 812,033 | 0.9 | 49,022,432 | |
PepsiCo, Inc. | 1,959,443 | 4.2 | 216,283,318 | |
Reynolds American, Inc. | 1,128,916 | 1.3 | 69,507,358 | |
The Coca-Cola Co. | 5,299,424 | 4.3 | 222,363,831 | |
Other Securities | 0.2 | 8,762,058 | ||
14.7 | 765,361,353 | |||
Health Care Equipment & Services 0.0% | ||||
Other Securities | 0.0 | 1,221,025 | ||
Household & Personal Products 6.5% | ||||
Kimberly-Clark Corp. | 489,748 | 1.2 | 64,916,098 | |
The Clorox Co. | 176,372 | 0.5 | 24,129,453 | |
The Procter & Gamble Co. | 2,698,700 | 4.7 | 245,770,609 | |
Other Securities | 0.1 | 3,554,990 | ||
6.5 | 338,371,150 | |||
Insurance 0.6% | ||||
Principal Financial Group, Inc. | 364,455 | 0.4 | 22,793,016 | |
Other Securities | 0.2 | 6,915,131 | ||
0.6 | 29,708,147 | |||
Security | Number of Shares | % of Net Assets | Value ($) | |
Materials 2.9% | ||||
International Paper Co. | 559,295 | 0.6 | 29,474,846 | |
The Dow Chemical Co. | 1,537,099 | 1.8 | 95,699,784 | |
Other Securities | 0.5 | 24,116,820 | ||
2.9 | 149,291,450 | |||
Media 0.6% | ||||
Omnicom Group, Inc. | 322,109 | 0.5 | 27,411,476 | |
Other Securities | 0.1 | 3,205,851 | ||
0.6 | 30,617,327 | |||
Pharmaceuticals, Biotechnology & Life Sciences 9.6% | ||||
Johnson & Johnson | 2,043,768 | 4.8 | 249,768,887 | |
Pfizer, Inc. | 7,280,822 | 4.8 | 248,421,647 | |
9.6 | 498,190,534 | |||
Retailing 2.3% | ||||
Genuine Parts Co. | 202,461 | 0.4 | 19,377,542 | |
Target Corp. | 781,990 | 0.9 | 45,957,552 | |
Other Securities | 1.0 | 57,681,298 | ||
2.3 | 123,016,392 | |||
Semiconductors & Semiconductor Equipment 10.8% | ||||
Analog Devices, Inc. | 418,822 | 0.7 | 34,314,087 | |
Intel Corp. | 6,398,051 | 4.4 | 231,609,446 | |
Linear Technology Corp. | 325,398 | 0.4 | 21,014,203 | |
Maxim Integrated Products, Inc. | 386,757 | 0.3 | 17,133,335 | |
Microchip Technology, Inc. | 293,122 | 0.4 | 21,257,207 | |
QUALCOMM, Inc. | 2,008,791 | 2.2 | 113,456,516 | |
Texas Instruments, Inc. | 1,366,892 | 2.0 | 104,731,265 | |
Xilinx, Inc. | 345,384 | 0.4 | 20,315,487 | |
10.8 | 563,831,546 | |||
Software & Services 10.9% | ||||
Automatic Data Processing, Inc. | 620,324 | 1.2 | 63,657,649 | |
International Business Machines Corp. | 1,185,382 | 4.1 | 213,155,391 | |
Microsoft Corp. | 3,698,126 | 4.5 | 236,606,101 | |
Paychex, Inc. | 437,316 | 0.5 | 26,859,949 | |
Other Securities | 0.6 | 27,060,810 | ||
10.9 | 567,339,900 | |||
Technology Hardware & Equipment 0.8% | ||||
HP, Inc. | 2,328,551 | 0.8 | 40,446,931 | |
Other Securities | 0.0 | 992,938 | ||
0.8 | 41,439,869 | |||
Security | Number of Shares | % of Net Assets | Value ($) | |
Telecommunication Services 4.2% | ||||
Verizon Communications, Inc. | 4,419,072 | 4.2 | 219,318,543 | |
Transportation 2.2% | ||||
United Parcel Service, Inc., Class B | 942,301 | 1.9 | 99,657,754 | |
Other Securities | 0.3 | 15,590,655 | ||
2.2 | 115,248,409 | |||
Utilities 0.5% | ||||
WEC Energy Group, Inc. | 429,322 | 0.5 | 25,875,237 | |
Total Common Stock | ||||
(Cost $4,662,683,937) | 5,179,278,162 | |||
Other Investment Companies 0.2% of net assets | ||||
Equity Fund 0.1% | ||||
Other Securities | 0.1 | 2,712,900 | ||
Money Market Fund 0.1% | ||||
Other Securities | 0.1 | 4,757,426 | ||
Total Other Investment Companies | ||||
(Cost $7,199,480) | 7,470,326 |
(a) | The rate shown is the 7-day yield. |
ETF — | Exchange-traded fund |
Number of Contracts | Contract Value ($) | Unrealized Appreciation ($) | ||||
Futures Contracts | ||||||
S&P 500 Index, e-mini, Long, expires 03/17/17 | 225 | 26,581,500 | 492,252 |
Description | Quoted Prices in Active Markets for Identical Assets (Level 1) | Other Significant Observable Inputs (Level 2) | Significant Unobservable Inputs (Level 3) | Total | |
Common Stock1 | $5,179,278,162 | $— | $— | $5,179,278,162 | |
Other Investment Companies1 | 7,470,326 | — | — | 7,470,326 | |
Total | $5,186,748,488 | $— | $— | $5,186,748,488 | |
Other Financial Instruments | |||||
Futures Contracts2 | $492,252 | $— | $— | $492,252 |
1 | As categorized in the complete schedule of Portfolio Holdings. |
2 | Futures contracts are not included in Investments in the schedule of Condensed Portfolio Holdings and are valued at unrealized appreciation or depreciation. |
Assets | ||
Investments, at value (cost $4,669,883,417) | $5,186,748,488 | |
Deposit with broker for futures contracts | 1,000,000 | |
Receivables: | ||
Dividends | 21,852,785 | |
Fund shares sold | + | 15,721,962 |
Total assets | 5,225,323,235 | |
Liabilities | ||
Payables: | ||
Investments bought | 15,611,189 | |
Investment adviser fees | 272,438 | |
Variation margin on futures contracts | + | 54,975 |
Total liabilities | 15,938,602 | |
Net Assets | ||
Total assets | 5,225,323,235 | |
Total liabilities | – | 15,938,602 |
Net assets | $5,209,384,633 | |
Net Assets by Source | ||
Capital received from investors | 4,651,064,769 | |
Net investment income not yet distributed | 28,560,981 | |
Net realized capital gains | 12,401,560 | |
Net unrealized capital appreciation | 517,357,323 |
Net Asset Value (NAV) | ||||
Net Assets | ÷ | Shares Outstanding | = | NAV |
$5,209,384,633 | 116,200,001 | $44.83 | ||
Investment Income | ||
Dividends | $74,764,942 | |
Expenses | ||
Investment adviser fees | 1,632,420 | |
Total expenses | – | 1,632,420 |
Net investment income | 73,132,522 | |
Realized and Unrealized Gains (Losses) | ||
Net realized losses on investments | (7,714,293) | |
Net realized gains on in-kind redemptions | 56,806,062 | |
Net realized gains on futures contracts | + | 812,748 |
Net realized gains | 49,904,517 | |
Net change in unrealized appreciation (depreciation) on investments | 214,719,085 | |
Net change in unrealized appreciation (depreciation) on futures contracts | + | 482,004 |
Net change in unrealized appreciation (depreciation) | + | 215,201,089 |
Net realized and unrealized gains | 265,105,606 | |
Increase in net assets resulting from operations | $338,238,128 |
Operations | ||||
9/1/16-2/28/17 | 9/1/15-8/31/16 | |||
Net investment income | $73,132,522 | $106,265,224 | ||
Net realized gains | 49,904,517 | 62,108,001 | ||
Net change in unrealized appreciation (depreciation) | + | 215,201,089 | 408,384,916 | |
Increase in net assets resulting from operations | 338,238,128 | 576,758,141 | ||
Distributions to Shareholders | ||||
Distributions from net investment income | ($70,514,980) | ($95,093,961) |
Transactions in Fund Shares | ||||||||
9/1/16-2/28/17 | 9/1/15-8/31/16 | |||||||
SHARES | VALUE | SHARES | VALUE | |||||
Shares sold | 21,600,000 | $921,414,871 | 44,000,000 | $1,750,920,347 | ||||
Shares redeemed | + | (6,650,000) | (280,196,001) | (11,150,000) | (429,949,595) | |||
Net transactions in fund shares | 14,950,000 | $641,218,870 | 32,850,000 | $1,320,970,752 | ||||
Shares Outstanding and Net Assets | ||||||||
9/1/16-2/28/17 | 9/1/15-8/31/16 | |||||||
SHARES | NET ASSETS | SHARES | NET ASSETS | |||||
Beginning of period | 101,250,001 | $4,300,442,615 | 68,400,001 | $2,497,807,683 | ||||
Total increase | + | 14,950,000 | 908,942,018 | 32,850,000 | 1,802,634,932 | |||
End of period | 116,200,001 | $5,209,384,633 | 101,250,001 | $4,300,442,615 | ||||
Net investment income not yet distributed | $28,560,981 | $25,943,439 |
SCHWAB STRATEGIC TRUST (ORGANIZED JANUARY 27, 2009) | |
Schwab U.S. Broad Market ETF | Schwab U.S. TIPS ETF™ |
Schwab U.S. Large-Cap ETF | Schwab Short-Term U.S. Treasury ETF™ |
Schwab U.S. Large-Cap Growth ETF | Schwab Intermediate-Term U.S. Treasury ETF™ |
Schwab U.S. Large-Cap Value ETF | Schwab U.S. Aggregate Bond ETF™ |
Schwab U.S. Mid-Cap ETF | Schwab Fundamental U.S. Broad Market Index ETF |
Schwab U.S. Small-Cap ETF | Schwab Fundamental U.S. Large Company Index ETF |
Schwab U.S. Dividend Equity ETF | Schwab Fundamental U.S. Small Company Index ETF |
Schwab U.S. REIT ETF™ | Schwab Fundamental International Large Company Index ETF |
Schwab International Equity ETF™ | Schwab Fundamental International Small Company Index ETF |
Schwab International Small-Cap Equity ETF™ | Schwab Fundamental Emerging Markets Large Company Index ETF |
Schwab Emerging Markets Equity ETF™ |
2. Significant Accounting Policies:
3. Risk Factors:
Schwab U.S. Broad Market ETF | Schwab U.S. Large-Cap ETF | Schwab U.S. Large-Cap Growth ETF | Schwab U.S. Large-Cap Value ETF | Schwab U.S. Mid-Cap ETF | Schwab U.S. Small-Cap ETF | Schwab U.S. Dividend Equity ETF |
0.03% | 0.03% | 0.04% 1 | 0.04% 1 | 0.06% 2,3 | 0.06% 2,3 | 0.07% |
1 | Prior to December 29, 2016, the advisory fees of the Schwab U.S. Large-Cap Growth ETF and Schwab U.S. Large-Cap Value ETF were 0.06%. |
2 | Prior to October 7, 2016, the advisory fees of the Schwab U.S. Mid-Cap ETF and Schwab U.S. Small-Cap ETF were 0.07%. |
3 | Subsequent to the reporting period ended February 28, 2017, and effective March 1, 2017, the advisory fees of the Schwab U.S. Mid-Cap ETF and Schwab U.S. Small-Cap ETF were reduced to 0.05%. |
Fund | Balance of Shares Held at 8/31/16 | Gross Purchases | Gross Sales | Balance of Shares Held at 2/28/17 | Market Value at 2/28/17 | Realized Gains(Losses) 9/1/16 to 2/28/17 | Dividends Received 9/1/16 to 2/28/17 |
Schwab U.S. Broad Market ETF | 366,815 | 49,420 | (4,200) | 412,035 | $16,650,334 | $94,238 | $58,890 |
Schwab U.S. Large-Cap ETF | 374,662 | 70,428 | (10,593) | 434,497 | 17,558,024 | 32,209 | 61,320 |
Schwab U.S. Large-Cap Growth ETF | 365,001 | 70,578 | (2,744) | 432,835 | 17,490,862 | 55,833 | 60,473 |
Underlying Funds | |||
Schwab U.S. Large-Cap ETF | Schwab U.S. Small-Cap ETF | ||
Schwab VIT Balanced Portfolio | 0.1% | 0.0%* | |
Schwab VIT Balanced with Growth Portfolio | 0.4% | 0.2% | |
Schwab VIT Growth Portfolio | 0.5% | 0.2% | |
Schwab Target 2010 Index Fund | 0.0%* | 0.0%* | |
Schwab Target 2015 Index Fund | 0.0%* | 0.0%* | |
Schwab Target 2020 Index Fund | 0.0%* | 0.0%* | |
Schwab Target 2025 Index Fund | 0.1% | 0.0%* | |
Schwab Target 2030 Index Fund | 0.1% | 0.0%* | |
Schwab Target 2035 Index Fund | 0.1% | 0.0%* | |
Schwab Target 2040 Index Fund | 0.1% | 0.0%* | |
Schwab Target 2045 Index Fund | 0.0%* | 0.0%* | |
Schwab Target 2050 Index Fund | 0.0%* | 0.0%* | |
Schwab Target 2055 Index Fund | 0.0%* | 0.0%* | |
Schwab Target 2060 Index Fund | 0.0%* | 0.0%* |
* | Less than 0.05% |
Total Aggregate Transactions | Realized Gains (Losses) | |
Schwab U.S. Broad Market ETF | $45,871,190 | ($8,308,279) |
Schwab U.S. Large-Cap ETF | 106,663,445 | (7,958,360) |
Schwab U.S. Large-Cap Growth ETF | 122,059,341 | (26,840,985) |
Schwab U.S. Large-Cap Value ETF | 148,432,187 | (5,299,306) |
Schwab U.S. Mid-Cap ETF | 134,528,167 | (36,453,021) |
Schwab U.S. Small-Cap ETF | 190,204,435 | 3,551,764 |
Schwab U.S. Dividend Equity ETF | 61,501,357 | (941,741) |
5. Other Service Providers:
6. Board of Trustees:
7. Borrowing from Banks:
Contract Values | Number of Contracts | |
Schwab U.S. Broad Market ETF | $19,971,829 | 178 |
Schwab U.S. Large-Cap ETF | 15,824,592 | 142 |
Schwab U.S. Large-Cap Growth ETF | 5,530,847 | 49 |
Schwab U.S. Large-Cap Value ETF | 6,948,592 | 62 |
Schwab U.S. Mid-Cap ETF | 4,088,264 | 36 |
Schwab U.S. Small-Cap ETF | 12,456,141 | 146 |
Schwab U.S. Dividend Equity ETF | 12,308,938 | 109 |
9. Purchases and Sales/Maturities of Investment Securities:
Purchases of Securities | Sales/Maturities of Securities | |
Schwab U.S. Broad Market ETF | $216,140,620 | $152,881,501 |
Schwab U.S. Large-Cap ETF | 217,238,885 | 161,361,542 |
Schwab U.S. Large-Cap Growth ETF | 184,949,975 | 157,191,610 |
Schwab U.S. Large-Cap Value ETF | 150,533,164 | 142,815,067 |
Schwab U.S. Mid-Cap ETF | 487,569,877 | 438,280,461 |
Schwab U.S. Small-Cap ETF | 471,430,640 | 370,127,325 |
Schwab U.S. Dividend Equity ETF | 191,680,317 | 184,861,964 |
10. In-Kind Transactions:
In-Kind Purchases of Securities | In-Kind Sales of Securities | |
Schwab U.S. Broad Market ETF | $937,215,026 | $79,311,817 |
Schwab U.S. Large-Cap ETF | 1,209,592,883 | 28,435,414 |
Schwab U.S. Large-Cap Growth ETF | 574,472,022 | 62,980,251 |
Schwab U.S. Large-Cap Value ETF | 595,284,582 | 131,080,577 |
Schwab U.S. Mid-Cap ETF | 710,021,315 | 309,813,819 |
Schwab U.S. Small-Cap ETF | 1,196,319,648 | 187,799,696 |
Schwab U.S. Dividend Equity ETF | 891,224,183 | 253,738,914 |
11. Federal Income Taxes
Expiration Date | Schwab U.S. Broad Market ETF | Schwab U.S. Large-Cap ETF | Schwab U.S. Large-Cap Growth ETF | Schwab U.S. Large-Cap Value ETF | Schwab U.S. Mid-Cap ETF | Schwab U.S. Small-Cap ETF | Schwab U.S. Dividend Equity ETF | ||||||
August 31, 2019 | $— | $721,062 | $631,601 | $295,384 | $218,695 | $927,631 | $— | ||||||
No expiration* | 48,891,506 | 32,403,690 | 16,111,999 | 11,935,433 | 65,892,934 | 89,373,828 | 36,609,985 | ||||||
Total | $48,891,506 | $33,124,752 | $16,743,600 | $12,230,817 | $66,111,629 | $90,301,459 | $36,609,985 |
* | As a result of the passage of the Regulated Investment Company Modernization Act of 2010, capital losses incurred after December 31, 2010 may now be carried forward indefinitely, but must retain the character of the original loss. |
12. Recent Regulatory Development:
13. Subsequent Events:
Independent Trustees | |||
Name, Year of Birth, and Position(s) with the trust (Terms of office, and length of Time Served1) | Principal Occupations During the Past Five Years | Number of Portfolios in Fund Complex Overseen by the Trustee | Other Directorships |
Robert W. Burns 1959 Trustee (Trustee of Schwab Strategic Trust since 2009; The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2016) | Retired/Private Investor (Jan. 2009 – present). Formerly, Managing Director, Pacific Investment Management Company, LLC (PIMCO) and President, PIMCO Funds. | 110 | Director, PS Business Parks, Inc. (2005 – 2012) |
John F. Cogan 1947 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust and Schwab Annuity Portfolios since 2008; Laudus Trust since 2010; Schwab Strategic Trust since 2016) | Senior Fellow, The Hoover Institution at Stanford University (Oct. 1979 – present); Senior Fellow, Stanford Institute for Economic Policy Research (2000 – present); Professor of Public Policy, Stanford University (1994 – 2015). | 110 | Director, Gilead Sciences, Inc. (2005 – present) |
Stephen Timothy Kochis 1946 Trustee (Trustee of Schwab Strategic Trust since 2012; The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2016) | CEO and Owner, Kochis Global (wealth management consulting) (May 2012 – present); Chairman and CEO, Aspiriant, LLC (wealth management) (Jan. 2008 – Apr. 2012). | 110 | None |
David L. Mahoney 1954 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2011; Schwab Strategic Trust since 2016) | Private Investor. | 110 | Director, Symantec Corporation (2003 – present) Director, Corcept Therapeutics Incorporated (2004 – present) Director, Adamas Pharmaceuticals, Inc. (2009 – present) |
Independent Trustees (continued) | |||
Name, Year of Birth, and Position(s) with the trust (Terms of office, and length of Time Served1) | Principal Occupations During the Past Five Years | Number of Portfolios in Fund Complex Overseen by the Trustee | Other Directorships |
Kiran M. Patel 1948 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2011; Schwab Strategic Trust since 2016) | Retired. Executive Vice President and General Manager of Small Business Group, Intuit, Inc. (financial software and services firm for consumers and small businesses) (Dec. 2008 – Sept. 2013). | 110 | Director, KLA-Tencor Corporation (2008 – present) |
Kimberly S. Patmore 1956 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2016) | Consultant, Patmore Management Consulting (management consulting) (2008 – present). | 110 | None |
Charles A. Ruffel 1956 Trustee (Trustee of Schwab Strategic Trust since 2009; The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2015) | Co-Chief Executive Officer, Kudu Investment Management, LLC (financial services) (Jan. 2015 – present); Partner, Kudu Advisors, LLC (financial services) (June 2008 – Jan. 2015); Advisor, Asset International, Inc. (publisher of financial services information) (Aug. 2008 – Jan. 2015). | 110 | None |
Gerald B. Smith 1950 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust and Schwab Annuity Portfolios since 2000; Laudus Trust since 2010; Schwab Strategic Trust since 2016) | Chairman, Chief Executive Officer and Founder of Smith Graham & Co. (investment advisors) (Mar. 1990 – present). | 110 | Director, Eaton (2012 – present) Director and Chairman of the Audit Committee, Oneok Partners LP (2003 – 2013) Director, Oneok, Inc. (2009 – 2013) Lead Independent Director, Board of Cooper Industries (2002 – 2012) |
Joseph H. Wender 1944 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust and Schwab Annuity Portfolios since 2008; Laudus Trust since 2010; Schwab Strategic Trust since 2016) | Senior Consultant, Goldman Sachs & Co., Inc. (investment banking and securities firm) (Jan. 2008 – present); Partner, Colgin Partners, LLC (vineyards) (Feb. 1998 – present). | 110 | Board Member and Chairman of the Audit Committee, Ionis Pharmaceuticals (1994 – present) Lead Independent Director and Chair of Audit Committee, OUTFRONT Media Inc. (2014 – present) |
Interested Trustees | |||
Name, Year of Birth, and Position(s) with the trust (Terms of office, and length of Time Served1) | Principal Occupations During the Past Five Years | Number of Portfolios in Fund Complex Overseen by the Trustee | Other Directorships |
Walter W. Bettinger II2 1960 Chairman and Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust and Schwab Annuity Portfolios since 2008; Schwab Strategic Trust since 2009; Laudus Trust since 2010) | Director, President and Chief Executive Officer, The Charles Schwab Corporation (Oct. 2008 – present); President and Chief Executive Officer (Oct. 2008 – present), Director (May 2008 – present), Charles Schwab & Co., Inc.; Director, Charles Schwab Bank (Apr. 2006 – present); Director, Schwab Holdings, Inc. (May 2008 – present); and Director, Charles Schwab Investment Management, Inc. (July 2016 – present). | 110 | Director, The Charles Schwab Corporation (2008 – present) |
Marie A. Chandoha2 1961 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2016) | Director, President and Chief Executive Officer (Dec. 2010 – present), Chief Investment Officer (Sept. 2010 – Oct. 2011), Charles Schwab Investment Management, Inc.; Trustee (Jan. 2016 – present), President, Chief Executive Officer (Dec. 2010 – present), and Chief Investment Officer (Sept. 2010 – Oct. 2011), Schwab Funds, Laudus Funds and Schwab ETFs; Director, Charles Schwab Worldwide Funds plc and Charles Schwab Asset Management (Ireland) Limited (Jan. 2011 – present); Global Head of Fixed Income Business Division, BlackRock, Inc. (formerly Barclays Global Investors) (Mar. 2007 – Aug. 2010). | 110 | None |
Joseph R. Martinetto2 1962 Trustee (Trustee of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2016) | Senior Executive Vice President and Chief Financial Officer, The Charles Schwab Corporation and Charles Schwab & Co., Inc. (July 2015 – present); Executive Vice President and Chief Financial Officer of The Charles Schwab Corporation and Charles Schwab & Co., Inc. (May 2007 – July 2015); Director, Charles Schwab & Co., Inc. (May 2007 – present); Director (Apr. 2010 – present) and Chief Executive Officer (July 2013 – Apr. 2015), Charles Schwab Bank; Director, Executive Vice President and Chief Financial Officer (May 2007 – present), Senior Executive Vice President (Feb. 2016 – present), and Executive Vice President (May 2007 – Feb. 2016), Schwab Holdings, Inc. | 110 | None |
Officers of the Trust | |
Name, Year of Birth, and Position(s) with the trust (Terms of office, and length of Time Served3) | Principal Occupations During the Past Five Years |
Marie A. Chandoha 1961 President and Chief Executive Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2010) | Director, President and Chief Executive Officer (Dec. 2010 – present), Chief Investment Officer (Sept. 2010 – Oct. 2011), Charles Schwab Investment Management, Inc.; Trustee (Jan. 2016 – present), President, Chief Executive Officer (Dec. 2010 – present), and Chief Investment Officer (Sept. 2010 – Oct. 2011), Schwab Funds, Laudus Funds and Schwab ETFs; Director, Charles Schwab Worldwide Funds plc and Charles Schwab Asset Management (Ireland) Limited (Jan. 2011 – present); Global Head of Fixed Income Business Division, BlackRock, Inc. (formerly Barclays Global Investors) (Mar. 2007 – Aug. 2010). |
Mark Fischer 1970 Treasurer and Chief Financial Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2013) | Treasurer and Chief Financial Officer, Schwab Funds, Laudus Funds and Schwab ETFs (Jan. 2016 – present); Assistant Treasurer, Schwab Funds and Laudus Funds (Dec. 2013 – Dec. 2015), Schwab ETFs (Nov. 2013 – Dec. 2015); Vice President, Charles Schwab Investment Management, Inc. (Oct. 2013 – present); Executive Director, J.P. Morgan Investor Services (Apr. 2011 – Sept. 2013); Assistant Treasurer, Massachusetts Financial Service Investment Management (May 2005 – Mar. 2011). |
Officers of the Trust (continued) | |
Name, Year of Birth, and Position(s) with the trust (Terms of office, and length of Time Served3) | Principal Occupations During the Past Five Years |
George Pereira 1964 Senior Vice President and Chief Operating Officer (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust and Schwab Annuity Portfolios since 2004; Laudus Trust since 2006; Schwab Strategic Trust since 2009) | Senior Vice President and Chief Financial Officer (Nov. 2004 – present), Chief Operating Officer (Jan. 2011 – present), Charles Schwab Investment Management, Inc.; Senior Vice President and Chief Operating Officer (Jan. 2016 – present), Treasurer and Chief Financial Officer, Laudus Funds (June 2006 – Dec. 2015); Treasurer and Principal Financial Officer, Schwab Funds (Nov. 2004 – Dec. 2015) and Schwab ETFs (Oct. 2009 – Dec. 2015); Director, Charles Schwab Worldwide Funds plc and Charles Schwab Asset Management (Ireland) Limited (Apr. 2005 – present). |
Omar Aguilar 1970 Senior Vice President and Chief Investment Officer – Equities and Multi-Asset Strategies (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2011) | Senior Vice President and Chief Investment Officer – Equities and Multi-Asset Strategies, Charles Schwab Investment Management, Inc. (Apr. 2011 – present); Senior Vice President and Chief Investment Officer – Equities, Schwab Funds, Laudus Funds and Schwab ETFs (June 2011 – present); Head of the Portfolio Management Group and Vice President of Portfolio Management, Financial Engines, Inc. (May 2009 – Apr. 2011); Head of Quantitative Equity, ING Investment Management (July 2004 – Jan. 2009). |
Brett Wander 1961 Senior Vice President and Chief Investment Officer – Fixed Income (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2011) | Senior Vice President and Chief Investment Officer – Fixed Income, Charles Schwab Investment Management, Inc. (Apr. 2011 – present); Senior Vice President and Chief Investment Officer – Fixed Income, Schwab Funds, Laudus Funds and Schwab ETFs (June 2011 – present); Senior Managing Director, Global Head of Active Fixed-Income Strategies, State Street Global Advisors (Jan. 2008 – Oct. 2010); Director of Alpha Strategies Loomis, Sayles & Company (Apr. 2006 – Jan. 2008). |
David Lekich 1964 Chief Legal Officer and Secretary, Schwab Funds and Schwab ETFs Vice President and Assistant Clerk, Laudus Funds (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios, Schwab Strategic Trust and Laudus Trust since 2011) | Senior Vice President (Sept. 2011 – present), Vice President (Mar. 2004 – Sept. 2011), Charles Schwab & Co., Inc.; Senior Vice President and Chief Counsel (Sept. 2011 – present), Vice President (Jan. 2011 – Sept. 2011), Charles Schwab Investment Management, Inc.; Secretary (Apr. 2011 – present) and Chief Legal Officer (Dec. 2011 – present), Schwab Funds; Vice President and Assistant Clerk, Laudus Funds (Apr. 2011 – present); Secretary (May 2011 – present) and Chief Legal Officer (Nov. 2011 – present), Schwab ETFs. |
Catherine MacGregor 1964 Vice President and Assistant Secretary, Schwab Funds and Schwab ETFs Chief Legal Officer, Vice President and Clerk, Laudus Funds (Officer of The Charles Schwab Family of Funds, Schwab Investments, Schwab Capital Trust, Schwab Annuity Portfolios and Laudus Trust since 2005; Schwab Strategic Trust since 2009) | Vice President, Charles Schwab & Co., Inc., Charles Schwab Investment Management, Inc. (July 2005 – present); Vice President (Dec. 2005 – present), Chief Legal Officer and Clerk (Mar. 2007 – present), Laudus Funds; Vice President (Nov. 2005 – present) and Assistant Secretary (June 2007 – present), Schwab Funds; Vice President and Assistant Secretary, Schwab ETFs (Oct. 2009 – present). |
1 | Each Trustee shall hold office until the election and qualification of his or her successor, or until he or she dies, resigns or is removed. The retirement policy requires that each independent trustee retire by December 31 of the year in which the Trustee turns 74 or the Trustee’s twentieth year of service as an independent trustee on any trust in the Fund Complex, whichever occurs first. |
2 | Mr. Bettinger, Ms. Chandoha, and Mr. Martinetto are Interested Trustees because they own stock of The Charles Schwab Corporation, the parent company of the investment adviser. |
3 | The President, Treasurer and Secretary/Clerk hold office until their respective successors are chosen and qualified or until he or she sooner dies, resigns, is removed or becomes disqualified. Each of the other officers serves at the pleasure of the Board. |
Index ETF
Printed on recycled paper.
* | FUNDAMENTAL INDEX is a registered trademark of Research Affiliates LLC. |
![](https://capedge.com/proxy/N-CSRS/0001193125-17-160527/g892426img261db4d21.jpg)
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Table of Contents
Item 2: Code of Ethics.
Not applicable to this semi-annual report.
Item 3: Audit Committee Financial Expert.
Not applicable to this semi-annual report.
Item 4: Principal Accountant Fees and Services.
Not applicable to this semi-annual report.
Item 5: Audit Committee of Listed Registrants.
Not applicable to this semi-annual report.
Item 6: Schedule of Investments.
The condensed schedules of investments are included as part of the report to shareholders filed under Item 1 of this Form. The complete schedules of investments for the Schwab International Equity ETF, Schwab International Small-Cap Equity ETF, Schwab Emerging Market Equity ETF, Schwab U.S. Broad Market ETF, Schwab U.S. Large-Cap ETF, Schwab U.S. Large-Cap Growth ETF, Schwab U.S. Large-Cap Value ETF, Schwab U.S. Mid-Cap ETF, Schwab U.S. Small-Cap ETF, and Schwab U.S. Dividend Equity ETF are filed under this Item.
Table of Contents
Holdings by Category | Cost ($) | Value ($) | |
99.0% | Common Stock | 7,315,487,513 | 7,664,297,326 |
0.6% | Preferred Stock | 48,487,184 | 50,362,298 |
0.4% | Other Investment Companies | 27,240,609 | 27,240,609 |
100.0% | Total Investments | 7,391,215,306 | 7,741,900,233 |
0.0% | Other Assets and Liabilities, Net | 1,272,685 | |
100.0% | Net Assets | 7,743,172,918 |
Security | Number of Shares | Value ($) |
Common Stock 99.0% of net assets | ||
Australia 6.7% | ||
Banks 2.2% | ||
Australia & New Zealand Banking Group Ltd. | 1,492,002 | 35,446,180 |
Bank of Queensland Ltd. | 210,896 | 1,921,446 |
Bendigo & Adelaide Bank Ltd. | 250,886 | 2,357,161 |
Commonwealth Bank of Australia | 879,541 | 55,667,665 |
National Australia Bank Ltd. | 1,359,303 | 33,432,748 |
Westpac Banking Corp. | 1,704,276 | 44,158,203 |
172,983,403 | ||
Capital Goods 0.0% | ||
CIMIC Group Ltd. | 42,704 | 1,239,116 |
Commercial & Professional Services 0.1% | ||
ALS Ltd. | 270,780 | 1,257,463 |
Brambles Ltd. | 779,626 | 5,580,557 |
Downer EDI Ltd. | 273,311 | 1,477,250 |
SEEK Ltd. | 152,133 | 1,835,219 |
10,150,489 | ||
Consumer Services 0.2% | ||
Aristocrat Leisure Ltd. | 335,003 | 4,275,612 |
Crown Resorts Ltd. | 189,894 | 1,848,360 |
Domino's Pizza Enterprises Ltd. | 29,985 | 1,284,106 |
Flight Centre Travel Group Ltd. | 37,366 | 828,540 |
Tabcorp Holdings Ltd. | 383,342 | 1,255,560 |
Tatts Group Ltd. | 723,299 | 2,257,800 |
The Star Entertainment Grp Ltd. | 432,378 | 1,622,277 |
13,372,255 | ||
Diversified Financials 0.3% | ||
AMP Ltd. | 1,521,375 | 5,708,180 |
ASX Ltd. | 131,136 | 5,165,208 |
Challenger Ltd. | 317,182 | 2,789,820 |
IOOF Holdings Ltd. | 226,865 | 1,508,777 |
Macquarie Group Ltd. | 153,205 | 10,206,646 |
Magellan Financial Group Ltd. | 57,157 | 1,003,268 |
26,381,899 | ||
Energy 0.3% | ||
Caltex Australia Ltd. | 142,659 | 3,086,490 |
Oil Search Ltd. | 611,241 | 3,280,269 |
Origin Energy Ltd. | 835,642 | 4,214,690 |
Santos Ltd. | 1,035,912 | 3,026,551 |
Whitehaven Coal Ltd. * | 358,808 | 797,263 |
Security | Number of Shares | Value ($) |
Woodside Petroleum Ltd. | 362,207 | 8,727,652 |
WorleyParsons Ltd. * | 57,627 | 471,864 |
23,604,779 | ||
Food & Staples Retailing 0.4% | ||
Wesfarmers Ltd. | 577,424 | 18,965,646 |
Woolworths Ltd. | 663,834 | 13,147,613 |
32,113,259 | ||
Food, Beverage & Tobacco 0.1% | ||
Coca-Cola Amatil Ltd. | 320,280 | 2,524,034 |
Treasury Wine Estates Ltd. | 357,852 | 3,276,852 |
5,800,886 | ||
Health Care Equipment & Services 0.2% | ||
Ansell Ltd. | 79,380 | 1,299,356 |
Cochlear Ltd. | 27,833 | 2,793,692 |
Healthscope Ltd. | 763,971 | 1,321,603 |
Ramsay Health Care Ltd. | 71,235 | 3,821,782 |
Sonic Healthcare Ltd. | 226,264 | 3,743,685 |
12,980,118 | ||
Insurance 0.3% | ||
Insurance Australia Group Ltd. | 1,371,866 | 6,328,554 |
Medibank Pvt Ltd. | 1,655,395 | 3,589,156 |
QBE Insurance Group Ltd. | 702,210 | 6,646,096 |
Suncorp Group Ltd. | 678,067 | 6,918,072 |
23,481,878 | ||
Materials 1.2% | ||
Adelaide Brighton Ltd. | 301,597 | 1,245,211 |
Alumina Ltd. | 1,051,586 | 1,491,704 |
Amcor Ltd. | 615,051 | 6,643,991 |
BHP Billiton Ltd. | 1,647,022 | 31,657,817 |
BlueScope Steel Ltd. | 322,949 | 3,034,217 |
Boral Ltd. | 576,893 | 2,599,169 |
CSR Ltd. | 382,386 | 1,228,909 |
DuluxGroup Ltd. | 184,161 | 869,376 |
Fortescue Metals Group Ltd. | 875,866 | 4,464,705 |
Iluka Resources Ltd. | 237,584 | 1,238,478 |
Incitec Pivot Ltd. | 859,996 | 2,426,633 |
James Hardie Industries plc CDI | 203,378 | 3,049,159 |
Newcrest Mining Ltd. | 393,871 | 6,704,605 |
Orica Ltd. | 184,161 | 2,589,721 |
Orora Ltd. | 742,898 | 1,696,396 |
OZ Minerals Ltd. | 193,331 | 1,382,375 |
Rio Tinto Ltd. | 214,531 | 10,224,763 |
Sims Metal Management Ltd. | 101,422 | 984,086 |
South32 Ltd. | 2,806,485 | 5,372,837 |
88,904,152 | ||
Media 0.0% | ||
Fairfax Media Ltd. | 1,494,299 | 1,085,702 |
REA Group Ltd. | 18,683 | 812,021 |
1,897,723 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.3% | ||
CSL Ltd. | 234,371 | 21,237,914 |
Real Estate 0.6% | ||
Dexus Property Group | 606,925 | 4,405,027 |
Goodman Group | 695,444 | 4,036,925 |
LendLease Group | 326,019 | 3,817,547 |
Security | Number of Shares | Value ($) |
Mirvac Group | 1,726,843 | 2,854,519 |
Scentre Group | 2,581,347 | 8,653,154 |
Stockland | 1,404,582 | 5,097,188 |
The GPT Group | 1,012,947 | 3,839,505 |
Vicinity Centres | 1,303,182 | 2,895,639 |
Westfield Corp. | 1,011,306 | 6,842,374 |
42,441,878 | ||
Retailing 0.0% | ||
Harvey Norman Holdings Ltd. | 360,315 | 1,426,695 |
Software & Services 0.0% | ||
Computershare Ltd. | 291,270 | 3,025,469 |
Telecommunication Services 0.1% | ||
Telstra Corp., Ltd. | 2,093,603 | 7,758,592 |
TPG Telecom Ltd. | 139,580 | 669,653 |
Vocus Group Ltd. (a) | 379,680 | 1,278,596 |
9,706,841 | ||
Transportation 0.2% | ||
Aurizon Holdings Ltd. | 961,224 | 3,783,869 |
Macquarie Atlas Roads Group | 381,962 | 1,438,990 |
Qantas Airways Ltd. | 506,633 | 1,460,718 |
Sydney Airport | 408,502 | 1,903,305 |
Transurban Group | 1,119,604 | 9,494,706 |
18,081,588 | ||
Utilities 0.2% | ||
AGL Energy Ltd. | 352,486 | 6,536,733 |
APA Group | 470,897 | 3,062,935 |
AusNet Services | 613,870 | 764,598 |
DUET Group | 1,233,583 | 2,608,210 |
12,972,476 | ||
521,802,818 | ||
Austria 0.2% | ||
Banks 0.1% | ||
Erste Group Bank AG * | 155,182 | 4,528,055 |
Raiffeisen Bank International AG * | 67,621 | 1,506,061 |
6,034,116 | ||
Capital Goods 0.0% | ||
ANDRITZ AG | 38,246 | 2,003,968 |
Energy 0.1% | ||
OMV AG | 96,084 | 3,681,684 |
Materials 0.0% | ||
voestalpine AG | 66,331 | 2,799,950 |
14,519,718 | ||
Belgium 1.1% | ||
Banks 0.1% | ||
KBC Groep N.V. | 147,191 | 9,030,833 |
Diversified Financials 0.1% | ||
Ackermans & van Haaren N.V. | 14,143 | 1,961,200 |
Groupe Bruxelles Lambert S.A. | 48,042 | 4,084,464 |
6,045,664 | ||
Food & Staples Retailing 0.0% | ||
Colruyt S.A. | 41,958 | 1,973,758 |
Food, Beverage & Tobacco 0.6% | ||
Anheuser-Busch InBev S.A. | 408,582 | 44,826,936 |
Insurance 0.1% | ||
Ageas | 106,914 | 4,071,668 |
Materials 0.1% | ||
Solvay S.A. | 33,814 | 3,950,586 |
Umicore S.A. | 58,718 | 3,101,905 |
7,052,491 |
Security | Number of Shares | Value ($) |
Media 0.0% | ||
Telenet Group Holding N.V. * | 35,090 | 1,988,869 |
Pharmaceuticals, Biotechnology & Life Sciences 0.1% | ||
UCB S.A. | 64,976 | 4,640,413 |
Telecommunication Services 0.0% | ||
Proximus | 88,915 | 2,622,322 |
82,252,954 | ||
Canada 7.7% | ||
Automobiles & Components 0.1% | ||
Magna International, Inc. | 197,722 | 8,477,959 |
Banks 2.4% | ||
Bank of Montreal | 325,618 | 24,779,371 |
Canadian Imperial Bank of Commerce | 203,439 | 17,911,603 |
National Bank of Canada | 166,038 | 7,105,617 |
Royal Bank of Canada | 755,863 | 55,061,091 |
The Bank of Nova Scotia | 624,738 | 36,339,473 |
The Toronto-Dominion Bank | 940,024 | 48,589,258 |
189,786,413 | ||
Capital Goods 0.0% | ||
SNC-Lavalin Group, Inc. | 75,729 | 3,092,742 |
Commercial & Professional Services 0.1% | ||
Waste Connections, Inc. | 83,981 | 7,339,500 |
Consumer Services 0.1% | ||
Restaurant Brands International, Inc. | 118,985 | 6,509,610 |
Diversified Financials 0.4% | ||
Brookfield Asset Management, Inc., Class A | 465,175 | 16,802,425 |
CI Financial Corp. | 123,556 | 2,526,253 |
IGM Financial, Inc. | 74,740 | 2,297,305 |
Thomson Reuters Corp. | 172,037 | 7,294,800 |
28,920,783 | ||
Energy 1.8% | ||
ARC Resources Ltd. | 201,214 | 3,008,069 |
Cameco Corp. | 215,315 | 2,389,770 |
Canadian Natural Resources Ltd. | 576,580 | 16,581,926 |
Cenovus Energy, Inc. | 440,712 | 5,590,216 |
Crescent Point Energy Corp. | 271,172 | 2,991,297 |
Enbridge, Inc. | 790,000 | 33,342,897 |
Encana Corp. | 510,075 | 5,668,998 |
Husky Energy, Inc. * | 179,918 | 2,146,328 |
Imperial Oil Ltd. | 132,373 | 4,146,744 |
Inter Pipeline Ltd. | 179,612 | 3,776,808 |
Pembina Pipeline Corp. | 196,600 | 6,371,001 |
Suncor Energy, Inc. | 862,780 | 26,936,429 |
Tourmaline Oil Corp. * | 125,214 | 2,779,487 |
TransCanada Corp. | 435,451 | 20,075,230 |
135,805,200 | ||
Food & Staples Retailing 0.3% | ||
Alimentation Couche-Tard, Inc., B Shares | 202,277 | 9,019,955 |
George Weston Ltd. | 25,531 | 2,145,495 |
Loblaw Cos. Ltd. | 118,260 | 6,184,218 |
Metro, Inc. | 136,344 | 3,987,016 |
21,336,684 | ||
Food, Beverage & Tobacco 0.1% | ||
Saputo, Inc. | 137,953 | 4,750,679 |
Insurance 0.7% | ||
Fairfax Financial Holdings Ltd. | 11,964 | 5,401,844 |
Great-West Lifeco, Inc. | 155,750 | 4,261,679 |
Intact Financial Corp. | 61,469 | 4,370,056 |
Manulife Financial Corp. | 1,009,153 | 18,080,864 |
Power Corp. of Canada | 184,189 | 4,297,210 |
Security | Number of Shares | Value ($) |
Power Financial Corp. | 105,249 | 2,737,610 |
Sun Life Financial, Inc. | 316,806 | 11,529,351 |
50,678,614 | ||
Materials 0.6% | ||
Agnico Eagle Mines Ltd. | 120,976 | 5,101,370 |
Agrium, Inc. | 71,218 | 6,885,473 |
Barrick Gold Corp. | 596,668 | 11,041,816 |
Franco-Nevada Corp. | 92,466 | 5,976,831 |
Goldcorp, Inc. | 447,816 | 7,117,314 |
Potash Corp. of Saskatchewan, Inc. | 443,581 | 7,716,491 |
Silver Wheaton Corp. | 222,419 | 4,344,429 |
Turquoise Hill Resources Ltd. * | 527,171 | 1,659,786 |
49,843,510 | ||
Media 0.1% | ||
Shaw Communications, Inc., B Shares | 246,764 | 5,149,728 |
Pharmaceuticals, Biotechnology & Life Sciences 0.0% | ||
Valeant Pharmaceuticals International, Inc. * | 89,453 | 1,275,825 |
Real Estate 0.0% | ||
RioCan Real Estate Investment Trust | 158,284 | 3,188,506 |
Retailing 0.1% | ||
Canadian Tire Corp., Ltd., Class A | 38,030 | 4,373,113 |
Software & Services 0.1% | ||
CGI Group, Inc., Class A * | 137,766 | 6,351,310 |
Constellation Software, Inc. | 8,010 | 3,770,799 |
10,122,109 | ||
Technology Hardware & Equipment 0.0% | ||
BlackBerry Ltd. * | 279,754 | 1,949,586 |
Telecommunication Services 0.2% | ||
BCE, Inc. | 141,457 | 6,188,243 |
Rogers Communications, Inc., B Shares | 177,131 | 7,457,303 |
TELUS Corp. | 95,139 | 3,104,615 |
16,750,161 | ||
Transportation 0.5% | ||
Canadian National Railway Co. | 355,604 | 24,797,905 |
Canadian Pacific Railway Ltd. | 75,849 | 11,191,944 |
35,989,849 | ||
Utilities 0.1% | ||
Canadian Utilities Ltd., Class A | 91,714 | 2,474,883 |
Fortis, Inc. | 171,507 | 5,455,540 |
Hydro One Ltd. | 65,648 | 1,169,763 |
9,100,186 | ||
594,440,757 | ||
Denmark 1.4% | ||
Banks 0.2% | ||
Danske Bank A/S | 412,028 | 13,795,134 |
Jyske Bank A/S - Reg’d | 36,322 | 1,876,074 |
15,671,208 | ||
Capital Goods 0.1% | ||
Vestas Wind Systems A/S | 117,570 | 8,748,418 |
Commercial & Professional Services 0.0% | ||
ISS A/S | 74,916 | 2,928,096 |
Consumer Durables & Apparel 0.1% | ||
Pandora A/S | 56,305 | 6,439,457 |
Food, Beverage & Tobacco 0.1% | ||
Carlsberg A/S, B Shares | 58,091 | 5,119,814 |
Health Care Equipment & Services 0.1% | ||
Coloplast A/S, B Shares | 56,985 | 4,030,090 |
William Demant Holding A/S * | 80,070 | 1,644,898 |
5,674,988 |
Security | Number of Shares | Value ($) |
Materials 0.1% | ||
Chr Hansen Holding A/S | 48,042 | 2,876,339 |
Novozymes A/S, B Shares | 113,598 | 4,383,145 |
7,259,484 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.5% | ||
Genmab A/S * | 30,199 | 6,000,945 |
H. Lundbeck A/S * | 28,225 | 1,155,631 |
Novo Nordisk A/S, B Shares | 946,936 | 33,735,018 |
40,891,594 | ||
Telecommunication Services 0.0% | ||
TDC A/S * | 415,185 | 2,241,227 |
Transportation 0.2% | ||
AP Moller - Maersk A/S, A Shares | 1,790 | 2,784,160 |
AP Moller - Maersk A/S, B Shares | 3,536 | 5,782,965 |
DSV A/S | 102,078 | 5,040,421 |
13,607,546 | ||
Utilities 0.0% | ||
DONG Energy A/S * | 38,679 | 1,428,275 |
110,010,107 | ||
Finland 0.9% | ||
Automobiles & Components 0.0% | ||
Nokian Renkaat Oyj | 72,495 | 2,860,242 |
Capital Goods 0.2% | ||
Kone Oyj, B Shares (a) | 185,313 | 8,321,567 |
Metso Oyj | 52,243 | 1,548,269 |
Wartsila Oyj Abp (a) | 83,101 | 4,285,350 |
14,155,186 | ||
Energy 0.0% | ||
Neste Oyj | 68,850 | 2,405,501 |
Food & Staples Retailing 0.0% | ||
Kesko Oyj, B Shares | 32,028 | 1,473,967 |
Insurance 0.1% | ||
Sampo Oyj, A Shares | 233,255 | 10,660,318 |
Materials 0.2% | ||
Huhtamaki Oyj | 51,730 | 1,871,670 |
Stora Enso Oyj, R Shares | 324,065 | 3,491,724 |
UPM-Kymmene Oyj | 277,754 | 6,620,021 |
11,983,415 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.1% | ||
Orion Oyj, Class B | 69,840 | 3,453,825 |
Technology Hardware & Equipment 0.2% | ||
Nokia Oyj | 2,944,201 | 15,135,720 |
Telecommunication Services 0.0% | ||
Elisa Oyj | 62,508 | 2,090,269 |
Utilities 0.1% | ||
Fortum Oyj | 200,260 | 3,083,418 |
67,301,861 | ||
France 8.0% | ||
Automobiles & Components 0.4% | ||
Cie Generale des Etablissements Michelin | 95,361 | 10,746,109 |
Faurecia | 41,700 | 1,838,439 |
Peugeot S.A. * | 214,043 | 4,084,860 |
Renault S.A. | 92,540 | 8,231,455 |
Valeo S.A. | 128,112 | 7,897,005 |
32,797,868 | ||
Banks 0.7% | ||
BNP Paribas S.A. | 501,182 | 29,359,809 |
Credit Agricole S.A. | 592,633 | 7,175,793 |
Security | Number of Shares | Value ($) |
Natixis S.A. | 526,511 | 2,881,833 |
Societe Generale S.A. | 376,967 | 16,787,683 |
56,205,118 | ||
Capital Goods 1.4% | ||
Airbus SE | 278,610 | 20,522,252 |
Alstom S.A. * | 92,510 | 2,518,966 |
Bouygues S.A. | 109,501 | 4,231,858 |
Compagnie de Saint-Gobain | 245,548 | 11,801,379 |
Eiffage S.A. | 29,880 | 2,140,618 |
Legrand S.A. | 149,813 | 8,472,160 |
Rexel S.A. | 165,862 | 2,690,379 |
Safran S.A. | 153,826 | 10,977,671 |
Schneider Electric SE | 284,339 | 19,303,634 |
Thales S.A. | 55,120 | 5,447,057 |
Vinci S.A. | 237,541 | 17,166,475 |
Zodiac Aerospace | 107,452 | 3,165,598 |
108,438,047 | ||
Commercial & Professional Services 0.1% | ||
Bureau Veritas S.A. | 126,473 | 2,420,368 |
Edenred | 104,137 | 2,363,611 |
Societe BIC S.A. | 17,017 | 2,111,104 |
Teleperformance | 28,404 | 3,154,028 |
10,049,111 | ||
Consumer Durables & Apparel 0.6% | ||
Christian Dior SE | 21,915 | 4,655,047 |
Hermes International | 11,747 | 5,141,484 |
Kering | 37,504 | 9,155,939 |
LVMH Moet Hennessy Louis Vuitton SE | 128,127 | 25,793,188 |
SEB S.A. | 14,109 | 1,864,283 |
46,609,941 | ||
Consumer Services 0.1% | ||
Accor S.A. | 98,063 | 3,881,515 |
Sodexo S.A. | 48,062 | 5,288,368 |
9,169,883 | ||
Diversified Financials 0.1% | ||
Amundi S.A. | 21,844 | 1,270,130 |
Eurazeo S.A. | 25,532 | 1,581,696 |
Wendel S.A. | 18,683 | 2,073,599 |
4,925,425 | ||
Energy 0.8% | ||
TechnipFMC plc * | 235,592 | 7,621,602 |
Total S.A. | 1,103,685 | 55,179,090 |
62,800,692 | ||
Food & Staples Retailing 0.1% | ||
Carrefour S.A. | 292,074 | 6,995,465 |
Casino Guichard Perrachon S.A. | 34,697 | 1,840,317 |
8,835,782 | ||
Food, Beverage & Tobacco 0.4% | ||
Danone S.A. | 285,984 | 19,011,144 |
Pernod-Ricard S.A. | 112,133 | 12,856,556 |
Remy Cointreau S.A. | 11,992 | 1,068,475 |
32,936,175 | ||
Health Care Equipment & Services 0.2% | ||
BioMerieux | 10,676 | 1,646,060 |
Essilor International S.A. | 104,690 | 12,030,994 |
Orpea | 18,957 | 1,650,575 |
Sartorius Stedim Biotech | 8,844 | 565,456 |
15,893,085 | ||
Household & Personal Products 0.3% | ||
L'Oreal S.A. | 120,183 | 22,418,866 |
Security | Number of Shares | Value ($) |
Insurance 0.4% | ||
AXA S.A. | 988,397 | 23,389,525 |
CNP Assurances | 96,676 | 1,796,197 |
SCOR SE | 86,729 | 3,141,674 |
28,327,396 | ||
Materials 0.4% | ||
Air Liquide S.A. | 197,696 | 21,406,311 |
Arkema S.A. | 36,230 | 3,522,566 |
Imerys S.A. | 18,683 | 1,513,162 |
26,442,039 | ||
Media 0.3% | ||
Eutelsat Communications S.A. | 92,202 | 1,817,904 |
JCDecaux S.A. | 39,017 | 1,250,003 |
Lagardere S.C.A. | 72,694 | 1,833,788 |
Publicis Groupe S.A. | 102,604 | 6,937,388 |
SES S.A. | 195,579 | 4,003,695 |
Vivendi S.A. | 563,753 | 9,977,076 |
25,819,854 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.7% | ||
Eurofins Scientific SE | 4,207 | 1,802,895 |
Ipsen S.A. | 20,088 | 1,789,821 |
Sanofi | 567,510 | 49,044,923 |
52,637,639 | ||
Real Estate 0.1% | ||
Fonciere Des Regions | 18,683 | 1,542,742 |
Gecina S.A. | 26,690 | 3,406,131 |
Klepierre | 81,844 | 3,049,513 |
7,998,386 | ||
Semiconductors & Semiconductor Equipment 0.1% | ||
STMicroelectronics N.V. | 333,967 | 5,110,175 |
Software & Services 0.2% | ||
Atos SE | 46,875 | 5,553,745 |
Cap Gemini S.A. | 77,401 | 6,636,453 |
Dassault Systemes S.A. | 69,944 | 5,665,603 |
17,855,801 | ||
Technology Hardware & Equipment 0.0% | ||
Ingenico Group S.A. | 29,434 | 2,648,499 |
Telecommunication Services 0.3% | ||
Iliad S.A. | 10,676 | 2,217,247 |
Orange S.A. | 966,606 | 14,651,802 |
SFR Group S.A. * | 56,612 | 1,654,287 |
18,523,336 | ||
Transportation 0.1% | ||
Aeroports de Paris | 14,608 | 1,660,903 |
Bollore S.A. | 533,800 | 2,075,443 |
Groupe Eurotunnel SE - Reg'd | 262,483 | 2,454,447 |
6,190,793 | ||
Utilities 0.2% | ||
Electricite de France S.A. (a) | 137,343 | 1,349,951 |
Engie S.A. | 748,373 | 9,176,851 |
Suez | 202,844 | 3,050,997 |
Veolia Environnement S.A. | 237,730 | 3,902,854 |
17,480,653 | ||
620,114,564 | ||
Germany 7.5% | ||
Automobiles & Components 0.9% | ||
Bayerische Motoren Werke AG | 170,263 | 15,264,342 |
Continental AG | 56,049 | 11,405,292 |
Daimler AG - Reg'd | 513,437 | 37,448,481 |
Security | Number of Shares | Value ($) |
Hella KGaA Hueck & Co. | 9,555 | 378,814 |
Volkswagen AG | 12,092 | 1,834,831 |
66,331,760 | ||
Banks 0.1% | ||
Commerzbank AG | 511,313 | 3,912,455 |
Capital Goods 0.9% | ||
Brenntag AG | 79,005 | 4,543,412 |
GEA Group AG | 97,016 | 3,787,497 |
HOCHTIEF AG | 12,723 | 1,946,802 |
KION Group AG | 35,622 | 2,084,127 |
MAN SE | 16,857 | 1,735,518 |
MTU Aero Engines AG | 24,354 | 3,100,251 |
OSRAM Licht AG | 45,373 | 2,704,769 |
Siemens AG - Reg'd | 389,240 | 50,790,863 |
70,693,239 | ||
Consumer Durables & Apparel 0.3% | ||
adidas AG | 104,830 | 17,644,548 |
HUGO BOSS AG | 32,830 | 2,266,837 |
19,911,385 | ||
Diversified Financials 0.3% | ||
Deutsche Bank AG - Reg'd * | 705,959 | 13,952,826 |
Deutsche Boerse AG * | 98,454 | 8,463,532 |
22,416,358 | ||
Food & Staples Retailing 0.0% | ||
METRO AG | 91,997 | 2,860,829 |
Food, Beverage & Tobacco 0.0% | ||
Suedzucker AG | 18,710 | 479,138 |
Health Care Equipment & Services 0.3% | ||
Fresenius Medical Care AG & Co. KGaA | 115,638 | 9,651,983 |
Fresenius SE & Co. KGaA | 204,735 | 16,320,705 |
25,972,688 | ||
Household & Personal Products 0.1% | ||
Beiersdorf AG | 52,032 | 4,761,506 |
Henkel AG & Co. KGaA | 60,015 | 6,488,794 |
11,250,300 | ||
Insurance 0.8% | ||
Allianz SE - Reg'd | 233,387 | 40,721,107 |
Hannover Rueck SE | 34,697 | 3,930,239 |
Muenchener Rueckversicherungs-Gesellschaft AG - Reg'd | 75,211 | 14,257,585 |
58,908,931 | ||
Materials 1.2% | ||
BASF SE | 470,880 | 43,981,383 |
Covestro AG | 32,594 | 2,461,466 |
Evonik Industries AG | 91,219 | 2,937,927 |
Fuchs Petrolub SE | 26,690 | 1,136,134 |
HeidelbergCement AG | 72,948 | 6,837,557 |
K+S AG - Reg'd | 106,768 | 2,503,878 |
LANXESS AG | 48,709 | 3,317,699 |
Linde AG | 96,586 | 15,738,659 |
Symrise AG | 62,419 | 3,894,024 |
ThyssenKrupp AG | 224,278 | 5,623,108 |
Wacker Chemie AG | 10,676 | 1,200,229 |
89,632,064 | ||
Media 0.1% | ||
Axel Springer SE | 32,028 | 1,679,866 |
ProSiebenSat.1 Media SE | 111,257 | 4,475,282 |
RTL Group S.A. * | 18,683 | 1,441,692 |
7,596,840 |
Security | Number of Shares | Value ($) |
Pharmaceuticals, Biotechnology & Life Sciences 0.7% | ||
Bayer AG - Reg'd | 421,954 | 46,540,627 |
Merck KGaA | 69,394 | 7,606,080 |
QIAGEN N.V. * | 120,765 | 3,451,939 |
57,598,646 | ||
Real Estate 0.2% | ||
Deutsche Wohnen AG | 159,287 | 5,488,202 |
LEG Immobilien AG * | 32,375 | 2,676,106 |
Vonovia SE | 229,855 | 8,033,182 |
16,197,490 | ||
Retailing 0.0% | ||
Fielmann AG | 16,014 | 1,189,962 |
Zalando SE * | 64,352 | 2,581,361 |
3,771,323 | ||
Semiconductors & Semiconductor Equipment 0.1% | ||
Infineon Technologies AG | 582,162 | 10,392,569 |
Software & Services 0.6% | ||
SAP SE | 462,079 | 43,183,898 |
United Internet AG - Reg'd | 59,904 | 2,474,867 |
Wirecard AG (a) | 65,418 | 3,029,731 |
48,688,496 | ||
Telecommunication Services 0.4% | ||
Deutsche Telekom AG - Reg'd | 1,626,047 | 28,181,027 |
Telefonica Deutschland Holding AG | 379,807 | 1,672,448 |
29,853,475 | ||
Transportation 0.3% | ||
Deutsche Lufthansa AG - Reg'd | 120,105 | 1,765,034 |
Deutsche Post AG - Reg'd | 469,744 | 16,159,978 |
Fraport AG Frankfurt Airport Services Worldwide | 24,021 | 1,508,766 |
19,433,778 | ||
Utilities 0.2% | ||
E.ON SE | 951,659 | 7,408,291 |
Innogy SE * | 67,025 | 2,414,384 |
RWE AG * | 265,917 | 3,801,890 |
Uniper SE * | 104,447 | 1,487,204 |
15,111,769 | ||
581,013,533 | ||
Hong Kong 3.3% | ||
Automobiles & Components 0.0% | ||
Minth Group Ltd. | 346,179 | 1,101,536 |
Xinyi Glass Holdings Ltd. * | 1,204,209 | 1,092,134 |
2,193,670 | ||
Banks 0.3% | ||
BOC Hong Kong Holdings Ltd. | 1,995,332 | 7,891,412 |
Hang Seng Bank Ltd. | 403,221 | 8,269,655 |
The Bank of East Asia Ltd. | 791,012 | 3,271,066 |
19,432,133 | ||
Capital Goods 0.4% | ||
CK Hutchison Holdings Ltd. | 1,490,219 | 18,410,683 |
Hopewell Holdings Ltd. | 593,592 | 2,167,915 |
Jardine Matheson Holdings Ltd. | 111,747 | 6,948,428 |
Jardine Strategic Holdings Ltd. | 125,929 | 4,697,152 |
32,224,178 | ||
Consumer Durables & Apparel 0.1% | ||
Li & Fung Ltd. | 4,095,834 | 1,825,659 |
Prada S.p.A. | 262,158 | 999,668 |
Samsonite International S.A. | 803,859 | 2,443,954 |
Security | Number of Shares | Value ($) |
Techtronic Industries Co., Ltd. | 691,513 | 2,476,546 |
Yue Yuen Industrial Holdings Ltd. | 450,162 | 1,675,976 |
9,421,803 | ||
Consumer Services 0.2% | ||
China Travel International Investment Hong Kong Ltd. | 2,872,536 | 851,127 |
Galaxy Entertainment Group Ltd. | 1,140,165 | 5,464,014 |
Sands China Ltd. | 1,302,972 | 5,438,527 |
Wynn Macau Ltd. | 1,012,129 | 1,804,568 |
13,558,236 | ||
Diversified Financials 0.2% | ||
Hong Kong Exchanges & Clearing Ltd. | 654,367 | 16,244,423 |
Energy 0.0% | ||
Brightoil Petroleum Holdings Ltd. * | 2,170,073 | 715,674 |
Food & Staples Retailing 0.0% | ||
Sun Art Retail Group Ltd. | 1,030,982 | 993,468 |
Food, Beverage & Tobacco 0.1% | ||
China Mengniu Dairy Co., Ltd. | 1,524,754 | 3,005,332 |
Tingyi Cayman Islands Holding Corp. | 1,263,804 | 1,416,446 |
Want Want China Holdings Ltd. | 3,699,264 | 2,382,794 |
WH Group Ltd. | 3,307,599 | 2,586,442 |
9,391,014 | ||
Insurance 0.5% | ||
AIA Group Ltd. | 6,276,560 | 39,660,838 |
Real Estate 0.9% | ||
Cheung Kong Property Holdings Ltd. | 1,482,581 | 10,084,481 |
Hang Lung Group Ltd. | 389,365 | 1,617,662 |
Hang Lung Properties Ltd. | 1,217,834 | 3,075,002 |
Henderson Land Development Co., Ltd. | 556,325 | 3,232,260 |
Hongkong Land Holdings Ltd. | 620,368 | 4,237,113 |
Hysan Development Co., Ltd. | 278,536 | 1,298,946 |
Kerry Properties Ltd. | 551,254 | 1,690,168 |
Link REIT | 1,223,046 | 8,437,299 |
New World Development Co., Ltd. | 2,987,583 | 3,910,343 |
Shui On Land Ltd. | 4,003,500 | 897,409 |
Sino Land Co., Ltd. | 1,609,821 | 2,803,854 |
Sun Hung Kai Properties Ltd. | 730,652 | 10,683,354 |
Swire Pacific Ltd., Class A | 371,601 | 3,820,155 |
Swire Properties Ltd. | 775,764 | 2,333,553 |
The Wharf Holdings Ltd. | 663,031 | 5,257,304 |
Wheelock & Co., Ltd. | 428,354 | 2,783,974 |
66,162,877 | ||
Retailing 0.0% | ||
Esprit Holdings Ltd. * | 1,334,500 | 1,263,593 |
Semiconductors & Semiconductor Equipment 0.1% | ||
ASM Pacific Technology Ltd. | 155,179 | 1,930,129 |
Semiconductor Manufacturing International Corp. * | 1,617,051 | 2,104,003 |
Xinyi Solar Holdings Ltd. *(a) | 2,090,121 | 735,081 |
4,769,213 | ||
Technology Hardware & Equipment 0.1% | ||
AAC Technologies Holdings, Inc. | 409,476 | 4,312,384 |
VTech Holdings Ltd. | 101,942 | 1,150,425 |
5,462,809 | ||
Telecommunication Services 0.0% | ||
PCCW Ltd. | 2,669,000 | 1,626,338 |
Transportation 0.1% | ||
Cathay Pacific Airways Ltd. | 492,784 | 723,707 |
MTR Corp. Ltd. | 828,065 | 4,379,038 |
5,102,745 |
Security | Number of Shares | Value ($) |
Utilities 0.3% | ||
Cheung Kong Infrastructure Holdings Ltd. | 321,284 | 2,646,859 |
CLP Holdings Ltd. | 785,485 | 7,988,978 |
Hong Kong & China Gas Co., Ltd. | 4,278,606 | 8,234,820 |
Power Assets Holdings Ltd. | 758,594 | 6,806,623 |
25,677,280 | ||
253,900,292 | ||
Ireland 0.2% | ||
Banks 0.1% | ||
Bank of Ireland * | 14,135,255 | 3,364,507 |
Food, Beverage & Tobacco 0.1% | ||
Glanbia plc | 104,944 | 2,060,769 |
Kerry Group plc, A Shares | 76,146 | 5,866,173 |
7,926,942 | ||
Transportation 0.0% | ||
Ryanair Holdings plc * | 111,450 | 1,693,503 |
12,984,952 | ||
Israel 0.5% | ||
Banks 0.2% | ||
Bank Hapoalim B.M. | 608,532 | 3,752,862 |
Bank Leumi Le-Israel * | 814,326 | 3,570,212 |
First International Bank of Israel Ltd. | 70,156 | 1,099,470 |
Israel Discount Bank Ltd., A Shares * | 732,483 | 1,621,792 |
Mizrahi Tefahot Bank Ltd. | 99,350 | 1,659,336 |
11,703,672 | ||
Capital Goods 0.0% | ||
Elbit Systems Ltd. | 11,896 | 1,406,815 |
Materials 0.1% | ||
Frutarom Industries Ltd. | 19,899 | 1,129,339 |
Israel Chemicals Ltd. | 364,149 | 1,550,507 |
2,679,846 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.2% | ||
Teva Pharmaceutical Industries Ltd. | 470,874 | 16,582,712 |
Real Estate 0.0% | ||
Azrieli Group | 21,352 | 1,062,233 |
Gazit-Globe Ltd. | 78,867 | 821,103 |
1,883,336 | ||
Software & Services 0.0% | ||
NICE Ltd. | 32,819 | 2,280,011 |
Telecommunication Services 0.0% | ||
Bezeq The Israeli Telecommunication Corp., Ltd. | 1,162,865 | 2,076,373 |
38,612,765 | ||
Italy 1.9% | ||
Automobiles & Components 0.1% | ||
Ferrari N.V. | 75,502 | 4,934,048 |
Fiat Chrysler Automobiles N.V. * | 531,455 | 5,833,599 |
10,767,647 | ||
Banks 0.4% | ||
FinecoBank Banca Fineco S.p.A. | 190,403 | 1,092,540 |
Intesa Sanpaolo S.p.A. | 6,651,522 | 15,549,394 |
Mediobanca S.p.A. | 312,273 | 2,510,228 |
UniCredit S.p.A. | 1,059,321 | 14,239,275 |
Unione di Banche Italiane S.p.A. (a) | 409,928 | 1,284,989 |
34,676,426 |
Security | Number of Shares | Value ($) |
Capital Goods 0.1% | ||
CNH Industrial N.V. | 470,448 | 4,379,107 |
Leonardo S.p.A. * | 217,318 | 2,995,059 |
Prysmian S.p.A. | 109,944 | 2,805,004 |
10,179,170 | ||
Consumer Durables & Apparel 0.1% | ||
Luxottica Group S.p.A. | 82,360 | 4,354,782 |
Diversified Financials 0.1% | ||
Banca Mediolanum S.p.A. | 126,557 | 829,066 |
EXOR N.V. | 64,112 | 3,047,249 |
3,876,315 | ||
Energy 0.4% | ||
Eni S.p.A. | 1,249,314 | 19,275,604 |
Saipem S.p.A. * | 3,361,311 | 1,539,772 |
Snam S.p.A. | 1,212,031 | 4,842,519 |
Tenaris S.A. | 245,548 | 4,052,076 |
29,709,971 | ||
Food, Beverage & Tobacco 0.0% | ||
Davide Campari-Milano S.p.A. | 174,557 | 1,771,375 |
Parmalat S.p.A. | 256,761 | 804,315 |
2,575,690 | ||
Insurance 0.2% | ||
Assicurazioni Generali S.p.A. | 656,574 | 9,432,572 |
Poste Italiane S.p.A. | 201,634 | 1,298,393 |
UnipolSai S.p.A. | 532,361 | 1,131,374 |
11,862,339 | ||
Media 0.0% | ||
Mediaset S.p.A. | 467,075 | 1,928,675 |
Pharmaceuticals, Biotechnology & Life Sciences 0.0% | ||
Recordati S.p.A. | 48,122 | 1,532,499 |
Telecommunication Services 0.1% | ||
Telecom Italia S.p.A. * | 4,820,266 | 3,920,902 |
Telecom Italia S.p.A. - RSP * | 3,459,024 | 2,311,926 |
6,232,828 | ||
Transportation 0.1% | ||
Atlantia S.p.A. | 281,270 | 6,605,192 |
Utilities 0.3% | ||
Enel S.p.A. | 3,869,506 | 16,660,757 |
Italgas S.p.A. * | 242,140 | 965,896 |
Terna Rete Elettrica Nazionale S.p.A. | 835,397 | 3,880,993 |
21,507,646 | ||
145,809,180 | ||
Japan 22.2% | ||
Automobiles & Components 2.7% | ||
Aisin Seiki Co., Ltd. | 102,438 | 5,108,853 |
Bridgestone Corp. | 334,121 | 13,381,563 |
Calsonic Kansei Corp. | 76,636 | 879,480 |
Denso Corp. | 261,890 | 11,684,809 |
Fuji Heavy Industries Ltd. | 318,221 | 11,965,462 |
Honda Motor Co., Ltd. | 923,766 | 28,806,539 |
Isuzu Motors Ltd. | 289,200 | 3,886,242 |
Koito Manufacturing Co., Ltd. | 59,217 | 3,064,454 |
Mazda Motor Corp. | 296,649 | 4,178,566 |
Mitsubishi Motors Corp. | 350,888 | 2,279,980 |
NGK Spark Plug Co., Ltd. | 115,337 | 2,621,460 |
Nissan Motor Co., Ltd. | 1,056,370 | 10,442,376 |
NOK Corp. | 67,989 | 1,558,062 |
Stanley Electric Co., Ltd. | 91,106 | 2,577,204 |
Sumitomo Electric Industries Ltd. | 414,166 | 6,772,281 |
Sumitomo Rubber Industries Ltd. | 112,392 | 1,862,401 |
Suzuki Motor Corp. | 214,905 | 8,439,850 |
Security | Number of Shares | Value ($) |
The Yokohama Rubber Co., Ltd. | 62,196 | 1,241,863 |
Toyo Tire & Rubber Co., Ltd. | 23,600 | 384,105 |
Toyota Industries Corp. | 80,921 | 3,963,419 |
Toyota Motor Corp. | 1,412,675 | 80,365,343 |
Yamaha Motor Co., Ltd. | 155,376 | 3,609,262 |
209,073,574 | ||
Banks 1.9% | ||
Aozora Bank Ltd. | 665,081 | 2,502,561 |
Concordia Financial Group Ltd. | 671,395 | 3,587,254 |
Fukuoka Financial Group, Inc. | 404,736 | 1,895,533 |
Japan Post Bank Co., Ltd. | 217,181 | 2,733,082 |
Kyushu Financial Group, Inc. | 240,706 | 1,654,403 |
Mitsubishi UFJ Financial Group, Inc. | 6,985,748 | 46,103,377 |
Mizuho Financial Group, Inc. | 12,998,988 | 24,363,300 |
Resona Holdings, Inc. | 1,154,684 | 6,470,813 |
Seven Bank Ltd. | 266,900 | 832,534 |
Shinsei Bank Ltd. | 926,673 | 1,697,886 |
Sumitomo Mitsui Financial Group, Inc. | 666,183 | 26,061,429 |
Sumitomo Mitsui Trust Holdings, Inc. | 195,270 | 7,031,710 |
Suruga Bank Ltd. | 104,701 | 2,330,120 |
The Bank of Kyoto Ltd. | 219,038 | 1,791,301 |
The Chiba Bank Ltd. | 342,352 | 2,401,987 |
The Chugoku Bank Ltd. | 123,305 | 1,974,908 |
The Gunma Bank Ltd. | 276,152 | 1,609,251 |
The Hachijuni Bank Ltd. | 271,475 | 1,722,726 |
The Hiroshima Bank Ltd. | 350,847 | 1,665,100 |
The Iyo Bank Ltd. | 209,678 | 1,551,713 |
The Juroku Bank Ltd. | 273,218 | 971,898 |
The San-In Godo Bank Ltd. | 92,168 | 828,717 |
The Shiga Bank Ltd. | 152,563 | 844,050 |
The Shizuoka Bank Ltd. | 289,172 | 2,548,363 |
Yamaguchi Financial Group, Inc. | 136,214 | 1,577,811 |
146,751,827 | ||
Capital Goods 3.1% | ||
Amada Holdings Co., Ltd. | 213,765 | 2,426,434 |
Asahi Glass Co., Ltd. | 444,319 | 3,645,572 |
COMSYS Holdings Corp. | 93,810 | 1,670,193 |
Daifuku Co., Ltd. | 47,329 | 1,109,991 |
Daikin Industries Ltd. | 143,604 | 13,688,490 |
Ebara Corp. | 49,219 | 1,456,092 |
FANUC Corp. | 101,781 | 20,126,957 |
Fuji Electric Co., Ltd. | 307,894 | 1,708,917 |
Hino Motors Ltd. | 159,156 | 1,856,358 |
Hoshizaki Corp. | 28,741 | 2,286,231 |
IHI Corp. * | 731,566 | 2,288,494 |
ITOCHU Corp. | 765,474 | 11,127,885 |
JGC Corp. | 125,973 | 2,270,971 |
JTEKT Corp. | 131,391 | 2,240,640 |
Kajima Corp. | 459,348 | 3,005,253 |
Kawasaki Heavy Industries Ltd. | 798,041 | 2,517,839 |
Keihan Holdings Co., Ltd. | 276,117 | 1,752,184 |
Komatsu Ltd. | 493,845 | 11,963,774 |
Kubota Corp. | 606,894 | 9,695,875 |
Kurita Water Industries Ltd. | 64,367 | 1,541,793 |
LIXIL Group Corp. | 152,763 | 3,758,829 |
Mabuchi Motor Co., Ltd. | 30,556 | 1,657,728 |
Makita Corp. | 64,384 | 4,476,985 |
Marubeni Corp. | 822,082 | 5,340,208 |
Minebea Mitsumi, Inc. | 195,107 | 2,413,443 |
MISUMI Group, Inc. | 163,754 | 2,873,031 |
Mitsubishi Corp. | 711,146 | 16,109,394 |
Mitsubishi Electric Corp. | 1,039,891 | 15,312,333 |
Mitsubishi Heavy Industries Ltd. | 1,607,194 | 6,377,925 |
Mitsui & Co., Ltd. | 896,292 | 13,770,621 |
Mitsui Engineering & Shipbuilding Co., Ltd. | 593,298 | 981,008 |
MonotaRO Co., Ltd. | 35,428 | 1,006,936 |
Security | Number of Shares | Value ($) |
Nabtesco Corp. | 67,069 | 1,873,268 |
NGK Insulators Ltd. | 137,075 | 2,963,618 |
Nidec Corp. | 126,584 | 11,868,134 |
NSK Ltd. | 228,667 | 3,274,117 |
NTN Corp. | 241,405 | 1,206,108 |
Obayashi Corp. | 358,044 | 3,340,912 |
Seibu Holdings, Inc. | 141,046 | 2,424,199 |
Shimizu Corp. | 360,965 | 3,326,227 |
SMC Corp. | 30,676 | 8,732,454 |
Sojitz Corp. | 927,209 | 2,411,564 |
Sumitomo Corp. | 636,832 | 8,591,839 |
Sumitomo Heavy Industries Ltd. | 347,310 | 2,467,815 |
Taisei Corp. | 542,234 | 3,818,925 |
The Japan Steel Works Ltd. | 52,119 | 934,914 |
THK Co., Ltd. | 73,087 | 1,908,094 |
Toshiba Corp. * | 1,254,466 | 2,334,360 |
TOTO Ltd. | 88,238 | 3,410,907 |
Toyota Tsusho Corp. | 142,648 | 4,271,089 |
241,616,928 | ||
Commercial & Professional Services 0.4% | ||
Dai Nippon Printing Co., Ltd. | 337,034 | 3,681,061 |
Nihon M&A Center, Inc. | 35,581 | 1,095,558 |
Park24 Co., Ltd. | 55,524 | 1,565,699 |
Recruit Holdings Co., Ltd. | 165,857 | 8,167,959 |
Secom Co., Ltd. | 109,891 | 8,039,128 |
Sohgo Security Services Co., Ltd. | 35,628 | 1,353,345 |
Temp Holdings Co., Ltd. | 89,368 | 1,520,019 |
Toppan Printing Co., Ltd. | 329,057 | 3,329,245 |
28,752,014 | ||
Consumer Durables & Apparel 0.9% | ||
Asics Corp. | 96,574 | 1,709,908 |
Bandai Namco Holdings, Inc. | 109,951 | 3,179,081 |
Casio Computer Co., Ltd. | 123,314 | 1,671,961 |
Haseko Corp. | 195,377 | 2,322,487 |
Iida Group Holdings Co., Ltd. | 70,195 | 1,192,032 |
Nikon Corp. | 212,703 | 3,264,164 |
Panasonic Corp. | 1,103,319 | 12,158,845 |
Rinnai Corp. | 29,453 | 2,384,986 |
Sega Sammy Holdings, Inc. | 99,083 | 1,463,862 |
Sekisui Chemical Co., Ltd. | 213,720 | 3,543,376 |
Sekisui House Ltd. | 314,962 | 5,054,424 |
Sharp Corp. *(a) | 731,624 | 2,177,511 |
Shimano, Inc. | 40,595 | 6,022,943 |
Sony Corp. | 657,088 | 20,425,902 |
Sumitomo Forestry Co., Ltd. | 136,506 | 1,994,792 |
Wacoal Holdings Corp. | 54,180 | 683,273 |
Yamaha Corp. | 84,539 | 2,211,607 |
71,461,154 | ||
Consumer Services 0.1% | ||
Benesse Holdings, Inc. | 54,428 | 1,680,733 |
Oriental Land Co., Ltd. | 104,655 | 5,904,119 |
Resorttrust, Inc. | 56,839 | 1,046,506 |
8,631,358 | ||
Diversified Financials 0.5% | ||
Acom Co., Ltd. * | 297,403 | 1,249,313 |
AEON Financial Service Co., Ltd. | 56,436 | 1,096,589 |
Credit Saison Co., Ltd. | 123,614 | 2,354,395 |
Daiwa Securities Group, Inc. | 870,834 | 5,544,041 |
Japan Exchange Group, Inc. | 287,099 | 3,985,027 |
Mitsubishi UFJ Lease & Finance Co., Ltd. | 274,240 | 1,522,126 |
Nomura Holdings, Inc. | 1,732,313 | 11,291,736 |
ORIX Corp. | 660,073 | 10,309,493 |
SBI Holdings, Inc. | 153,697 | 2,159,464 |
Zenkoku Hosho Co., Ltd. | 42,437 | 1,386,309 |
40,898,493 |
Security | Number of Shares | Value ($) |
Energy 0.2% | ||
Idemitsu Kosan Co., Ltd. | 64,792 | 2,096,322 |
Inpex Corp. | 489,471 | 4,882,242 |
JX Holdings, Inc. | 1,298,362 | 6,209,532 |
Showa Shell Sekiyu K.K. | 155,778 | 1,576,089 |
TonenGeneral Sekiyu K.K. | 171,683 | 2,063,848 |
16,828,033 | ||
Food & Staples Retailing 0.4% | ||
Aeon Co., Ltd. | 388,290 | 5,812,984 |
Ain Holdings, Inc. | 5,500 | 396,702 |
FamilyMart UNY Holdings Co., Ltd. | 47,579 | 2,917,209 |
Lawson, Inc. | 35,146 | 2,434,477 |
Matsumotokiyoshi Holdings Co., Ltd. | 22,913 | 1,087,438 |
Seven & i Holdings Co., Ltd. | 404,423 | 15,904,377 |
Sugi Holdings Co., Ltd. | 24,631 | 1,140,355 |
Sundrug Co., Ltd. | 22,072 | 1,457,855 |
Tsuruha Holdings, Inc. | 22,072 | 2,051,650 |
33,203,047 | ||
Food, Beverage & Tobacco 1.0% | ||
Ajinomoto Co., Inc. | 278,536 | 5,661,088 |
Asahi Group Holdings Ltd. | 217,771 | 7,725,192 |
Calbee, Inc. | 37,542 | 1,278,411 |
Ezaki Glico Co., Ltd. | 31,709 | 1,530,398 |
Itoham Yonekyu Holdings, Inc. * | 158,309 | 1,581,887 |
Japan Tobacco, Inc. | 614,186 | 20,623,826 |
Kewpie Corp. | 68,947 | 1,841,914 |
Kikkoman Corp. | 105,233 | 3,183,749 |
Kirin Holdings Co., Ltd. | 455,407 | 7,871,986 |
Megmilk Snow Brand Co., Ltd. | 32,696 | 894,220 |
MEIJI Holdings Co., Ltd. | 72,202 | 5,795,003 |
NH Foods Ltd. | 91,406 | 2,445,990 |
Nichirei Corp. | 57,351 | 1,341,445 |
Nisshin Seifun Group, Inc. | 177,758 | 2,683,409 |
Nissin Foods Holdings Co., Ltd. | 43,544 | 2,447,976 |
Sapporo Holdings Ltd. | 48,912 | 1,234,112 |
Suntory Beverage & Food Ltd. | 69,502 | 2,925,812 |
Toyo Suisan Kaisha Ltd. | 57,039 | 2,100,377 |
Yakult Honsha Co., Ltd. | 59,518 | 3,260,896 |
Yamazaki Baking Co., Ltd. | 67,009 | 1,349,343 |
77,777,034 | ||
Health Care Equipment & Services 0.5% | ||
Alfresa Holdings Corp. | 107,624 | 1,944,995 |
Asahi Intecc Co., Ltd. | 18,867 | 747,024 |
Hoya Corp. | 207,243 | 9,417,021 |
M3, Inc. | 96,558 | 2,459,582 |
Medipal Holdings Corp. | 73,499 | 1,217,265 |
Miraca Holdings, Inc. | 28,070 | 1,349,748 |
Nipro Corp. | 110,219 | 1,431,364 |
Olympus Corp. | 167,035 | 5,934,344 |
Suzuken Co., Ltd. | 48,062 | 1,632,351 |
Sysmex Corp. | 73,635 | 4,271,271 |
Terumo Corp. | 177,935 | 6,194,368 |
36,599,333 | ||
Household & Personal Products 0.4% | ||
Kao Corp. | 260,879 | 13,526,023 |
Kobayashi Pharmaceutical Co., Ltd. | 28,560 | 1,327,363 |
Kose Corp. | 14,080 | 1,210,615 |
Lion Corp. | 125,973 | 2,184,275 |
Pigeon Corp. | 61,446 | 1,815,069 |
Shiseido Co., Ltd. | 211,663 | 5,590,241 |
Unicharm Corp. | 205,797 | 4,644,389 |
30,297,975 | ||
Insurance 0.7% | ||
Dai-ichi Life Holdings, Inc. | 586,919 | 11,081,614 |
Japan Post Holdings Co., Ltd. | 233,227 | 3,003,800 |
Security | Number of Shares | Value ($) |
Japan Post Insurance Co., Ltd. | 33,212 | 803,844 |
MS&AD Insurance Group Holdings, Inc. | 266,900 | 9,062,458 |
Sompo Holdings, Inc. | 196,352 | 7,367,258 |
Sony Financial Holdings, Inc. | 81,070 | 1,430,327 |
T&D Holdings, Inc. | 328,311 | 5,057,371 |
Tokio Marine Holdings, Inc. | 366,734 | 16,123,382 |
53,930,054 | ||
Materials 1.5% | ||
Air Water, Inc. | 128,632 | 2,452,268 |
Asahi Kasei Corp. | 676,745 | 6,620,167 |
Daicel Corp. | 181,812 | 2,214,861 |
Denka Co., Ltd. | 243,287 | 1,272,046 |
DIC Corp. | 46,622 | 1,708,452 |
Dowa Holdings Co., Ltd. | 121,335 | 987,945 |
Hitachi Chemical Co., Ltd. | 56,839 | 1,607,860 |
Hitachi Metals Ltd. | 131,291 | 1,877,514 |
JFE Holdings, Inc. | 274,977 | 5,222,560 |
JSR Corp. | 127,301 | 2,183,408 |
Kaneka Corp. | 139,734 | 1,095,292 |
Kansai Paint Co., Ltd. | 115,337 | 2,249,321 |
Kobe Steel Ltd. * | 159,258 | 1,552,938 |
Kuraray Co., Ltd. | 225,008 | 3,428,866 |
Maruichi Steel Tube Ltd. | 45,454 | 1,444,242 |
Mitsubishi Chemical Holdings Corp. | 721,121 | 5,560,272 |
Mitsubishi Gas Chemical Co., Inc. | 86,976 | 1,839,257 |
Mitsubishi Materials Corp. | 70,479 | 2,349,615 |
Mitsui Chemicals, Inc. | 537,066 | 2,740,892 |
Nippon Kayaku Co., Ltd. | 85,701 | 1,180,366 |
Nippon Paint Holdings Co., Ltd. | 94,749 | 3,069,805 |
Nippon Shokubai Co., Ltd. | 16,916 | 1,123,349 |
Nippon Steel & Sumitomo Metal Corp. | 401,971 | 9,928,470 |
Nissan Chemical Industries Ltd. | 75,411 | 2,439,896 |
Nisshin Steel Co., Ltd. (a) | 40,785 | 582,148 |
Nitto Denko Corp. | 83,529 | 7,062,469 |
Oji Holdings Corp. | 458,209 | 2,203,302 |
Shin-Etsu Chemical Co., Ltd. | 211,807 | 17,989,918 |
Showa Denko K.K. | 63,151 | 1,117,003 |
Sumitomo Chemical Co., Ltd. | 712,984 | 3,989,167 |
Sumitomo Metal Mining Co., Ltd. | 275,877 | 3,848,988 |
Sumitomo Osaka Cement Co., Ltd. | 131,291 | 547,999 |
Taiheiyo Cement Corp. | 678,952 | 2,396,979 |
Teijin Ltd. | 101,674 | 1,952,875 |
Toray Industries, Inc. | 812,270 | 7,296,164 |
Tosoh Corp. | 331,892 | 2,898,141 |
Toyo Seikan Group Holdings Ltd. | 71,401 | 1,298,664 |
Ube Industries Ltd. | 530,228 | 1,331,672 |
120,665,151 | ||
Media 0.2% | ||
CyberAgent, Inc. | 53,980 | 1,507,686 |
Dentsu, Inc. | 117,984 | 6,559,061 |
Hakuhodo DY Holdings, Inc. | 142,419 | 1,757,882 |
Shochiku Co., Ltd. | 72,793 | 842,534 |
Toho Co., Ltd. | 69,534 | 1,976,298 |
12,643,461 | ||
Pharmaceuticals, Biotechnology & Life Sciences 1.3% | ||
Astellas Pharma, Inc. | 1,102,576 | 14,900,075 |
Chugai Pharmaceutical Co., Ltd. | 118,096 | 3,952,894 |
Daiichi Sankyo Co., Ltd. | 340,528 | 7,793,019 |
Eisai Co., Ltd. | 138,956 | 7,825,551 |
Hisamitsu Pharmaceutical Co., Inc. | 43,178 | 2,330,921 |
Kaken Pharmaceutical Co., Ltd. | 21,448 | 1,157,849 |
Kyowa Hakko Kirin Co., Ltd. | 132,335 | 1,988,248 |
Mitsubishi Tanabe Pharma Corp. | 135,022 | 2,787,691 |
Nippon Shinyaku Co., Ltd. | 30,249 | 1,638,369 |
Ono Pharmaceutical Co., Ltd. | 246,692 | 5,484,617 |
Otsuka Holdings Co., Ltd. | 210,949 | 9,636,326 |
Security | Number of Shares | Value ($) |
PeptiDream, Inc. *(a) | 28,510 | 1,358,165 |
Rohto Pharmaceutical Co., Ltd. | 51,521 | 985,431 |
Santen Pharmaceutical Co., Ltd. | 222,231 | 3,197,854 |
Sawai Pharmaceutical Co., Ltd. | 17,634 | 956,682 |
Shionogi & Co., Ltd. | 155,622 | 7,647,225 |
Sumitomo Dainippon Pharma Co., Ltd. | 125,709 | 2,228,011 |
Taisho Pharmaceutical Holdings Co., Ltd. | 21,922 | 1,792,790 |
Takeda Pharmaceutical Co., Ltd. | 395,732 | 18,469,969 |
Tsumura & Co. | 60,904 | 1,812,668 |
97,944,355 | ||
Real Estate 0.7% | ||
Aeon Mall Co., Ltd. | 70,020 | 1,079,541 |
Daito Trust Construction Co., Ltd. | 38,217 | 5,369,542 |
Daiwa House Industry Co., Ltd. | 343,394 | 9,465,318 |
Hulic Co., Ltd. | 190,549 | 1,820,592 |
Mitsubishi Estate Co., Ltd. | 622,093 | 12,204,443 |
Mitsui Fudosan Co., Ltd. | 491,487 | 11,170,858 |
Nomura Real Estate Holdings, Inc. | 56,794 | 967,506 |
NTT Urban Development Corp. | 147,445 | 1,361,315 |
Sumitomo Realty & Development Co., Ltd. | 216,199 | 5,992,162 |
Tokyo Tatemono Co., Ltd. | 88,226 | 1,249,839 |
Tokyu Fudosan Holdings Corp. | 266,900 | 1,526,710 |
52,207,826 | ||
Retailing 0.6% | ||
Adastria Co., Ltd. | 14,250 | 370,499 |
Aoyama Trading Co., Ltd. | 48,962 | 1,842,338 |
Don Quijote Holdings Co., Ltd. | 56,698 | 2,016,875 |
Fast Retailing Co., Ltd. | 27,144 | 8,610,096 |
Hikari Tsushin, Inc. | 10,686 | 1,050,596 |
Isetan Mitsukoshi Holdings Ltd. | 216,268 | 2,781,514 |
J Front Retailing Co., Ltd. | 129,216 | 1,993,358 |
Marui Group Co., Ltd. | 132,946 | 1,844,145 |
Nitori Holdings Co., Ltd. | 38,132 | 4,457,850 |
Rakuten, Inc. | 468,601 | 4,661,509 |
Ryohin Keikaku Co., Ltd. | 13,876 | 2,945,480 |
Sanrio Co., Ltd. | 50,921 | 1,012,640 |
Shimamura Co., Ltd. | 16,102 | 2,092,533 |
Start Today Co., Ltd. | 82,854 | 1,738,760 |
Takashimaya Co., Ltd. | 171,176 | 1,546,757 |
USS Co., Ltd. | 166,087 | 2,856,070 |
Yamada Denki Co., Ltd. | 486,738 | 2,492,746 |
44,313,766 | ||
Semiconductors & Semiconductor Equipment 0.2% | ||
Advantest Corp. | 116,033 | 2,047,184 |
Disco Corp. | 11,036 | 1,665,979 |
Rohm Co., Ltd. | 43,865 | 2,846,315 |
SCREEN Holdings Co., Ltd. | 19,161 | 1,298,122 |
Sumco Corp. | 93,595 | 1,381,945 |
Tokyo Electron Ltd. | 83,063 | 8,322,261 |
17,561,806 | ||
Software & Services 0.6% | ||
DeNA Co., Ltd. | 60,878 | 1,374,972 |
Fujitsu Ltd. | 937,309 | 5,467,950 |
Kakaku.com, Inc. | 65,835 | 954,412 |
Konami Holdings Corp. | 51,531 | 2,183,107 |
Nexon Co., Ltd. | 64,716 | 1,080,480 |
Nintendo Co., Ltd. | 56,286 | 11,822,148 |
Nomura Research Institute Ltd. | 74,294 | 2,576,402 |
NTT Data Corp. | 69,734 | 3,303,304 |
Obic Co., Ltd. | 50,921 | 2,380,273 |
Oracle Corp. Japan | 25,929 | 1,515,624 |
Otsuka Corp. | 37,726 | 1,925,329 |
Square Enix Holdings Co., Ltd. | 56,139 | 1,713,498 |
TIS, Inc. | 54,951 | 1,338,843 |
Security | Number of Shares | Value ($) |
Trend Micro, Inc. | 53,708 | 2,361,741 |
Yahoo Japan Corp. | 800,700 | 3,728,513 |
43,726,596 | ||
Technology Hardware & Equipment 1.6% | ||
Alps Electric Co., Ltd. | 105,859 | 3,164,842 |
Azbil Corp. | 37,546 | 1,211,432 |
Brother Industries Ltd. | 144,350 | 2,731,277 |
Canon, Inc. | 548,381 | 16,081,137 |
Citizen Watch Co., Ltd. | 203,272 | 1,328,077 |
FUJIFILM Holdings Corp. | 193,372 | 7,504,323 |
Hamamatsu Photonics K.K. | 96,556 | 2,856,508 |
Hirose Electric Co., Ltd. | 14,656 | 1,975,354 |
Hitachi High-Technologies Corp. | 31,172 | 1,303,883 |
Hitachi Ltd. | 2,381,052 | 13,168,834 |
Ibiden Co., Ltd. | 67,288 | 1,093,953 |
Keyence Corp. | 46,066 | 17,893,626 |
Konica Minolta, Inc. | 259,807 | 2,514,823 |
Kyocera Corp. | 157,669 | 8,706,074 |
Murata Manufacturing Co., Ltd. | 98,345 | 14,195,574 |
NEC Corp. | 1,396,478 | 3,494,783 |
Nippon Electric Glass Co., Ltd. | 201,308 | 1,255,870 |
Omron Corp. | 97,196 | 4,195,886 |
Ricoh Co., Ltd. | 334,375 | 2,925,800 |
Seiko Epson Corp. | 158,537 | 3,560,830 |
Shimadzu Corp. | 133,764 | 2,189,050 |
TDK Corp. | 61,836 | 4,222,434 |
Topcon Corp. | 55,140 | 969,884 |
Yaskawa Electric Corp. | 115,337 | 2,170,977 |
Yokogawa Electric Corp. | 159,355 | 2,491,057 |
123,206,288 | ||
Telecommunication Services 1.0% | ||
KDDI Corp. | 959,709 | 25,209,677 |
Nippon Telegraph & Telephone Corp. | 125,833 | 5,343,277 |
NTT DOCOMO, Inc. | 682,063 | 16,258,319 |
SoftBank Group Corp. | 442,369 | 33,061,533 |
79,872,806 | ||
Transportation 1.2% | ||
ANA Holdings, Inc. | 659,985 | 1,980,810 |
Central Japan Railway Co. | 94,605 | 15,541,314 |
East Japan Railway Co. | 198,110 | 17,981,026 |
Hankyu Hanshin Holdings, Inc. | 139,417 | 4,685,239 |
Japan Airlines Co., Ltd. | 34,799 | 1,141,150 |
Japan Airport Terminal Co., Ltd. (a) | 28,510 | 1,000,150 |
Kawasaki Kisen Kaisha Ltd. (a) | 507,909 | 1,375,488 |
Keikyu Corp. | 264,241 | 2,919,085 |
Keio Corp. | 382,237 | 3,016,627 |
Keisei Electric Railway Co., Ltd. | 93,418 | 2,223,463 |
Kintetsu Group Holdings Co., Ltd. | 876,152 | 3,265,454 |
Kyushu Railway Co. * | 80,500 | 2,525,405 |
Mitsubishi Logistics Corp. | 96,236 | 1,388,255 |
Mitsui OSK Lines Ltd. | 671,265 | 2,225,851 |
Nagoya Railroad Co., Ltd. | 411,471 | 1,893,976 |
Nankai Electric Railway Co., Ltd. | 221,546 | 1,093,028 |
Nippon Express Co., Ltd. | 456,944 | 2,368,749 |
Nippon Yusen K.K. | 844,244 | 1,871,319 |
Nishi-Nippon Railroad Co., Ltd. | 143,301 | 632,709 |
Odakyu Electric Railway Co., Ltd. | 164,060 | 3,255,246 |
Sotetsu Holdings, Inc. | 189,879 | 950,371 |
Tobu Railway Co., Ltd. | 603,934 | 3,103,741 |
Tokyu Corp. | 507,210 | 3,771,718 |
West Japan Railway Co. | 96,929 | 6,442,874 |
Yamato Holdings Co., Ltd. | 216,317 | 4,745,498 |
91,398,546 | ||
Utilities 0.5% | ||
Chubu Electric Power Co., Inc. | 378,006 | 5,000,213 |
Electric Power Development Co., Ltd. | 105,072 | 2,478,304 |
Security | Number of Shares | Value ($) |
Hokkaido Electric Power Co., Inc. | 83,129 | 604,791 |
Hokuriku Electric Power Co. | 144,909 | 1,437,628 |
Kyushu Electric Power Co., Inc. | 266,900 | 2,981,856 |
Osaka Gas Co., Ltd. | 995,822 | 3,855,656 |
Shikoku Electric Power Co., Inc. | 95,485 | 962,659 |
The Chugoku Electric Power Co., Inc. | 185,039 | 2,047,444 |
The Kansai Electric Power Co., Inc. * | 396,357 | 4,412,233 |
Toho Gas Co., Ltd. | 288,722 | 2,085,064 |
Tohoku Electric Power Co., Inc. | 266,900 | 3,439,869 |
Tokyo Electric Power Co. Holdings, Inc. * | 832,451 | 3,214,183 |
Tokyo Gas Co., Ltd. | 1,139,206 | 5,190,751 |
37,710,651 | ||
1,717,072,076 | ||
Netherlands 2.7% | ||
Banks 0.4% | ||
ABN AMRO Group N.V. | 138,792 | 3,185,576 |
ING Groep N.V. | 1,983,903 | 27,436,858 |
30,622,434 | ||
Capital Goods 0.2% | ||
Boskalis Westminster | 35,043 | 1,280,942 |
Koninklijke Philips N.V. | 481,531 | 14,600,640 |
15,881,582 | ||
Commercial & Professional Services 0.2% | ||
Randstad Holding N.V. | 59,688 | 3,482,637 |
RELX N.V. | 483,145 | 8,589,012 |
Wolters Kluwer N.V. | 160,140 | 6,579,420 |
18,651,069 | ||
Energy 0.0% | ||
Koninklijke Vopak N.V. | 48,830 | 2,071,060 |
Food & Staples Retailing 0.2% | ||
Koninklijke Ahold Delhaize N.V. | 620,563 | 13,227,768 |
Food, Beverage & Tobacco 0.2% | ||
Heineken Holding N.V. | 58,718 | 4,473,007 |
Heineken N.V. | 111,591 | 9,237,116 |
13,710,123 | ||
Household & Personal Products 0.5% | ||
Unilever N.V. CVA | 795,852 | 37,729,667 |
Insurance 0.1% | ||
Aegon N.V. | 918,203 | 4,895,974 |
NN Group N.V. | 167,105 | 5,207,116 |
10,103,090 | ||
Materials 0.3% | ||
Akzo Nobel N.V. | 122,774 | 8,259,400 |
ArcelorMittal * | 957,096 | 8,451,354 |
Koninklijke DSM N.V. | 98,753 | 6,505,965 |
23,216,719 | ||
Media 0.1% | ||
Altice N.V., A Shares * | 215,202 | 4,551,748 |
Altice N.V., B Shares * | 43,630 | 923,284 |
5,475,032 | ||
Real Estate 0.1% | ||
Unibail-Rodamco SE | 51,363 | 11,753,441 |
Semiconductors & Semiconductor Equipment 0.3% | ||
ASML Holding N.V. | 166,612 | 20,262,444 |
Software & Services 0.0% | ||
Gemalto N.V. | 45,915 | 2,771,719 |
Telecommunication Services 0.1% | ||
Koninklijke KPN N.V. | 1,609,750 | 4,558,536 |
210,034,684 | ||
Security | Number of Shares | Value ($) |
New Zealand 0.2% | ||
Consumer Services 0.0% | ||
SKYCITY Entertainment Group Ltd. | 544,792 | 1,623,366 |
Health Care Equipment & Services 0.1% | ||
Fisher & Paykel Healthcare Corp., Ltd. | 334,867 | 2,206,374 |
Ryman Healthcare Ltd. | 201,187 | 1,290,660 |
3,497,034 | ||
Materials 0.0% | ||
Fletcher Building Ltd. | 429,269 | 2,999,128 |
Real Estate 0.0% | ||
Kiwi Property Group Ltd. | 1,343,386 | 1,389,393 |
Telecommunication Services 0.0% | ||
Spark New Zealand Ltd. | 1,062,262 | 2,758,128 |
Transportation 0.1% | ||
Auckland International Airport Ltd. | 610,449 | 3,240,663 |
Utilities 0.0% | ||
Contact Energy Ltd. | 462,603 | 1,636,084 |
17,143,796 | ||
Norway 0.5% | ||
Banks 0.1% | ||
DNB A.S.A. | 518,489 | 8,530,484 |
Energy 0.1% | ||
Statoil A.S.A. | 470,727 | 8,358,617 |
Food, Beverage & Tobacco 0.1% | ||
Marine Harvest A.S.A. * | 168,512 | 2,955,944 |
Orkla A.S.A. | 458,257 | 4,043,920 |
6,999,864 | ||
Insurance 0.0% | ||
Gjensidige Forsikring A.S.A. | 117,436 | 1,842,194 |
Materials 0.1% | ||
Norsk Hydro A.S.A. | 624,910 | 3,549,508 |
Yara International A.S.A. | 93,842 | 3,574,088 |
7,123,596 | ||
Media 0.0% | ||
Schibsted A.S.A., B Shares | 48,042 | 1,169,814 |
Schibsted A.S.A., Class A | 48,042 | 1,271,562 |
2,441,376 | ||
Telecommunication Services 0.1% | ||
Telenor A.S.A. | 344,301 | 5,631,683 |
40,927,814 | ||
Portugal 0.1% | ||
Banks 0.0% | ||
Banco Espirito Santo S.A. - Reg'd *(b) | 505,213 | — |
Energy 0.1% | ||
Galp Energia, SGPS, S.A. | 264,231 | 3,899,921 |
Food & Staples Retailing 0.0% | ||
Jeronimo Martins, SGPS, S.A. | 125,927 | 2,031,236 |
Utilities 0.0% | ||
EDP - Energias de Portugal S.A. | 1,204,819 | 3,737,022 |
9,668,179 | ||
Republic of Korea 4.1% | ||
Automobiles & Components 0.3% | ||
Hankook Tire Co., Ltd. * | 34,988 | 1,850,349 |
Hanon Systems | 107,790 | 873,187 |
Hyundai Mobis Co., Ltd. | 33,168 | 7,479,850 |
Hyundai Motor Co. | 74,845 | 9,895,492 |
Security | Number of Shares | Value ($) |
Hyundai Wia Corp. | 8,595 | 508,517 |
Kia Motors Corp. | 126,710 | 4,286,232 |
Mando Corp. | 1,921 | 451,051 |
25,344,678 | ||
Banks 0.4% | ||
BNK Financial Group, Inc. | 127,689 | 980,182 |
Hana Financial Group, Inc. | 137,831 | 4,296,743 |
Industrial Bank of Korea * | 90,000 | 982,976 |
KB Financial Group, Inc. ADR * | 228,685 | 9,357,790 |
Shinhan Financial Group Co., Ltd. ADR * | 252,086 | 10,333,005 |
Woori Bank | 249,737 | 2,937,433 |
28,888,129 | ||
Capital Goods 0.4% | ||
CJ Corp. | 6,762 | 1,031,568 |
Daelim Industrial Co., Ltd. * | 14,143 | 1,045,638 |
Doosan Corp. | 3,746 | 317,039 |
Doosan Heavy Industries & Construction Co., Ltd. | 27,688 | 601,141 |
Doosan Infracore Co., Ltd. * | 53,426 | 437,047 |
GS Engineering & Construction Corp. * | 14,464 | 381,187 |
Hanwha Corp. | 40,000 | 1,287,641 |
Hanwha Techwin Co., Ltd. * | 14,690 | 570,321 |
Hyundai Development Co-Engineering & Construction | 32,264 | 1,249,757 |
Hyundai Engineering & Construction Co., Ltd. | 27,409 | 1,158,656 |
Hyundai Heavy Industries Co., Ltd. * | 21,125 | 3,073,237 |
KCC Corp. | 3,973 | 1,217,461 |
Korea Aerospace Industries Ltd. * | 25,517 | 1,315,623 |
LG Corp. | 62,925 | 3,494,751 |
LG Hausys Ltd. | 1,709 | 158,696 |
LS Corp. | 17,626 | 1,056,859 |
Neo Holdings Co., Ltd. *(b) | 1,746 | — |
Posco Daewoo Corp. | 15,027 | 326,255 |
Samsung C&T Corp. | 45,798 | 4,981,785 |
Samsung Engineering Co., Ltd. * | 97,361 | 1,067,678 |
Samsung Heavy Industries Co., Ltd. * | 104,574 | 1,035,798 |
SK Holdings Co., Ltd. | 18,531 | 3,572,636 |
29,380,774 | ||
Commercial & Professional Services 0.0% | ||
KEPCO Plant Service & Engineering Co., Ltd. * | 11,174 | 601,810 |
S-1 Corp. | 6,932 | 557,870 |
1,159,680 | ||
Consumer Durables & Apparel 0.1% | ||
Coway Co., Ltd. | 23,955 | 1,896,062 |
Hanssem Co., Ltd. | 4,786 | 939,635 |
LG Electronics, Inc. | 50,148 | 2,652,090 |
5,487,787 | ||
Consumer Services 0.0% | ||
Kangwon Land, Inc. * | 68,795 | 2,150,699 |
Paradise Co., Ltd. | 27,918 | 382,692 |
2,533,391 | ||
Diversified Financials 0.1% | ||
Korea Investment Holdings Co., Ltd. * | 18,000 | 754,543 |
Mirae Asset Daewoo Co., Ltd. * | 207,323 | 1,637,315 |
Samsung Card Co., Ltd. | 32,702 | 1,224,789 |
Samsung Securities Co., Ltd. | 30,959 | 907,620 |
4,524,267 |
Security | Number of Shares | Value ($) |
Energy 0.1% | ||
GS Holdings Corp. | 36,954 | 1,813,793 |
S-Oil Corp. | 23,105 | 1,765,441 |
SK Innovation Co., Ltd. | 31,578 | 4,314,659 |
7,893,893 | ||
Food & Staples Retailing 0.1% | ||
BGF retail Co., Ltd. | 8,000 | 721,645 |
Dongsuh Cos., Inc. | 13,651 | 307,849 |
E-MART, Inc. | 15,172 | 2,790,870 |
3,820,364 | ||
Food, Beverage & Tobacco 0.1% | ||
CJ CheilJedang Corp. | 5,790 | 1,866,420 |
KT&G Corp. | 55,572 | 5,037,479 |
Lotte Chilsung Beverage Co., Ltd. * | 969 | 1,292,286 |
Lotte Confectionery Co., Ltd. * | 9,560 | 1,652,868 |
Orion Corp. | 1,677 | 1,058,924 |
10,907,977 | ||
Household & Personal Products 0.1% | ||
Amorepacific Corp. | 16,594 | 4,417,240 |
AMOREPACIFIC Group | 12,865 | 1,479,062 |
LG Household & Health Care Ltd. | 5,168 | 4,012,827 |
9,909,129 | ||
Insurance 0.1% | ||
Dongbu Insurance Co., Ltd. | 31,646 | 1,709,989 |
Hanwha Life Insurance Co., Ltd. * | 85,793 | 493,931 |
Hyundai Marine & Fire Insurance Co., Ltd. | 51,234 | 1,468,036 |
Samsung Fire & Marine Insurance Co., Ltd. | 15,480 | 3,490,957 |
Samsung Life Insurance Co., Ltd. | 45,416 | 4,297,601 |
11,460,514 | ||
Materials 0.3% | ||
Hanwha Chemical Corp. | 35,831 | 803,286 |
Hyosung Corp. | 10,224 | 1,188,995 |
Hyundai Steel Co. | 36,083 | 1,994,418 |
Korea Zinc Co., Ltd. * | 3,829 | 1,410,372 |
Kumho Petrochemical Co., Ltd. | 10,221 | 693,302 |
LG Chem Ltd. | 25,824 | 6,463,137 |
Lotte Chemical Corp. * | 5,908 | 1,904,458 |
LOTTE Fine Chemical Co., Ltd. | 12,781 | 381,480 |
OCI Co., Ltd. | 10,000 | 787,973 |
POSCO ADR | 147,980 | 9,179,199 |
24,806,620 | ||
Media 0.0% | ||
Cheil Worldwide, Inc. | 46,165 | 773,670 |
Pharmaceuticals, Biotechnology & Life Sciences 0.1% | ||
Celltrion, Inc. * | 41,087 | 3,688,110 |
Hanmi Pharm Co., Ltd. * | 3,106 | 881,739 |
Hanmi Science Co., Ltd. * | 6,420 | 372,454 |
Samsung Biologics Co., Ltd. * | 8,000 | 1,163,829 |
Yuhan Corp. | 7,127 | 1,411,849 |
7,517,981 | ||
Retailing 0.1% | ||
Hotel Shilla Co., Ltd. | 26,539 | 1,199,331 |
Hyundai Department Store Co., Ltd. | 15,600 | 1,371,338 |
Lotte Shopping Co., Ltd. | 5,088 | 1,039,423 |
Shinsegae Co., Ltd. | 4,069 | 717,900 |
4,327,992 | ||
Semiconductors & Semiconductor Equipment 0.1% | ||
SK Hynix, Inc. | 262,297 | 10,832,872 |
Software & Services 0.2% | ||
Kakao Corp. * | 13,976 | 1,055,539 |
NAVER Corp. | 15,069 | 10,341,405 |
NCSoft Corp. | 8,006 | 1,939,990 |
Security | Number of Shares | Value ($) |
NHN Entertainment Corp. * | 12,554 | 649,489 |
Samsung SDS Co., Ltd. | 15,160 | 1,742,914 |
15,729,337 | ||
Technology Hardware & Equipment 1.3% | ||
LG Display Co., Ltd. ADR * | 266,900 | 3,237,497 |
Samsung Electro-Mechanics Co., Ltd. | 18,815 | 973,405 |
Samsung Electronics Co., Ltd. GDR | 106,513 | 90,323,024 |
Samsung SDI Co., Ltd. | 24,303 | 2,772,573 |
97,306,499 | ||
Telecommunication Services 0.1% | ||
KT Corp. ADR * | 91,024 | 1,456,384 |
LG Uplus Corp. | 155,054 | 1,755,199 |
SK Telecom Co., Ltd. ADR | 140,235 | 3,169,311 |
6,380,894 | ||
Transportation 0.0% | ||
CJ Korea Express Co., Ltd. * | 3,145 | 479,781 |
Hyundai Glovis Co., Ltd. | 8,249 | 1,119,807 |
Korean Air Lines Co., Ltd. * | 20,781 | 531,126 |
2,130,714 | ||
Utilities 0.1% | ||
Korea Electric Power Corp. ADR * | 266,900 | 5,065,762 |
Korea Gas Corp. * | 9,633 | 417,011 |
5,482,773 | ||
316,599,935 | ||
Singapore 1.2% | ||
Banks 0.5% | ||
DBS Group Holdings Ltd. | 926,982 | 12,414,553 |
Oversea-Chinese Banking Corp., Ltd. | 1,670,892 | 11,302,161 |
United Overseas Bank Ltd. | 630,584 | 9,694,009 |
33,410,723 | ||
Capital Goods 0.1% | ||
Keppel Corp., Ltd. | 764,506 | 3,722,631 |
Noble Group Ltd. * | 3,094,950 | 508,983 |
Sembcorp Industries Ltd. | 640,980 | 1,466,616 |
Singapore Technologies Engineering Ltd. | 907,137 | 2,386,947 |
Yangzijiang Shipbuilding Holdings Ltd. | 1,751,424 | 1,158,391 |
9,243,568 | ||
Consumer Services 0.0% | ||
Genting Singapore plc | 3,197,482 | 2,263,421 |
Diversified Financials 0.0% | ||
Singapore Exchange Ltd. | 360,677 | 1,934,202 |
Food & Staples Retailing 0.0% | ||
Olam International Ltd. | 175,257 | 256,892 |
Food, Beverage & Tobacco 0.1% | ||
Golden Agri-Resources Ltd. | 4,134,933 | 1,123,503 |
Wilmar International Ltd. | 1,195,727 | 3,112,113 |
4,235,616 | ||
Media 0.0% | ||
Singapore Press Holdings Ltd. | 712,953 | 1,784,230 |
Real Estate 0.2% | ||
Ascendas Real Estate Investment Trust | 905,444 | 1,618,541 |
CapitaLand Commercial Trust | 1,621,067 | 1,808,205 |
CapitaLand Ltd. | 1,374,247 | 3,576,747 |
CapitaLand Mall Trust | 1,581,032 | 2,227,044 |
City Developments Ltd. | 320,379 | 2,169,382 |
Global Logistic Properties Ltd. | 1,513,597 | 2,878,816 |
Suntec Real Estate Investment Trust | 719,773 | 890,356 |
UOL Group Ltd. | 164,457 | 774,925 |
Wing Tai Holdings Ltd. | 769,013 | 984,257 |
16,928,273 |
Security | Number of Shares | Value ($) |
Retailing 0.0% | ||
Jardine Cycle & Carriage Ltd. | 49,606 | 1,514,906 |
Technology Hardware & Equipment 0.0% | ||
Venture Corp., Ltd. | 192,448 | 1,479,258 |
Telecommunication Services 0.2% | ||
Singapore Telecommunications Ltd. | 3,804,233 | 10,717,299 |
Transportation 0.1% | ||
ComfortDelGro Corp., Ltd. | 1,285,315 | 2,270,014 |
Hutchison Port Holdings Trust | 2,669,000 | 1,014,220 |
SATS Ltd. | 164,457 | 587,955 |
Singapore Airlines Ltd. | 270,186 | 1,922,241 |
Singapore Post Ltd. | 1,436,268 | 1,422,353 |
7,216,783 | ||
90,985,171 | ||
Spain 2.6% | ||
Banks 1.0% | ||
Banco Bilbao Vizcaya Argentaria S.A. | 3,352,732 | 22,009,821 |
Banco de Sabadell S.A. | 2,552,236 | 3,764,264 |
Banco Santander S.A. | 7,421,602 | 40,645,441 |
Bankia S.A. | 1,797,808 | 1,782,357 |
Bankinter S.A. | 363,087 | 2,808,356 |
CaixaBank S.A. | 1,853,739 | 6,496,344 |
77,506,583 | ||
Capital Goods 0.2% | ||
ACS, Actividades de Construccion y Servicios S.A. | 106,760 | 3,360,754 |
Ferrovial S.A. | 269,569 | 5,128,779 |
Gamesa Corp. Tecnologica S.A. | 131,262 | 2,915,111 |
Zardoya Otis S.A. | 83,229 | 666,831 |
12,071,475 | ||
Diversified Financials 0.0% | ||
Corporacion Financiera Alba S.A. | 18,689 | 863,863 |
Energy 0.2% | ||
Enagas S.A. | 120,105 | 2,960,229 |
Repsol S.A. | 576,504 | 8,576,303 |
11,536,532 | ||
Food & Staples Retailing 0.0% | ||
Distribuidora Internacional de Alimentacion S.A. | 368,730 | 2,053,489 |
Insurance 0.0% | ||
Mapfre S.A. | 556,576 | 1,727,531 |
Media 0.0% | ||
Mediaset Espana Comunicacion S.A. | 72,063 | 848,441 |
Pharmaceuticals, Biotechnology & Life Sciences 0.1% | ||
Grifols S.A. | 177,466 | 3,893,138 |
Retailing 0.2% | ||
Industria de Diseno Textil S.A. | 544,882 | 17,555,024 |
Software & Services 0.1% | ||
Amadeus IT Group S.A. | 208,182 | 9,712,408 |
Telecommunication Services 0.3% | ||
Telefonica S.A. | 2,218,253 | 22,743,806 |
Transportation 0.1% | ||
Abertis Infraestructuras S.A. | 284,011 | 4,176,774 |
Aena S.A. | 29,916 | 4,291,480 |
8,468,254 | ||
Utilities 0.4% | ||
Acciona S.A. | 25,016 | 1,878,550 |
Endesa S.A. | 171,504 | 3,662,115 |
Gas Natural SDG S.A. | 171,498 | 3,348,545 |
Security | Number of Shares | Value ($) |
Iberdrola S.A. | 2,960,799 | 19,738,912 |
Red Electrica Corp. S.A. | 188,230 | 3,409,225 |
32,037,347 | ||
201,017,891 | ||
Sweden 2.5% | ||
Banks 0.7% | ||
Nordea Bank AB | 1,620,940 | 19,041,827 |
Skandinaviska Enskilda Banken AB, A Shares | 710,360 | 8,147,696 |
Svenska Handelsbanken AB, A Shares | 778,841 | 10,861,616 |
Swedbank AB, A Shares | 549,980 | 13,611,719 |
51,662,858 | ||
Capital Goods 0.8% | ||
Alfa Laval AB | 189,499 | 3,438,072 |
Assa Abloy AB, B Shares | 465,396 | 9,074,092 |
Atlas Copco AB, A Shares | 304,564 | 9,996,293 |
Atlas Copco AB, B Shares | 201,337 | 5,968,853 |
Sandvik AB | 496,434 | 6,768,865 |
Skanska AB, B Shares | 200,467 | 4,790,062 |
SKF AB, B Shares | 220,192 | 4,202,749 |
Trelleborg AB, B Shares | 142,914 | 2,943,572 |
Volvo AB, B Shares | 784,686 | 10,272,253 |
57,454,811 | ||
Commercial & Professional Services 0.0% | ||
Securitas AB, B Shares | 177,325 | 2,713,159 |
Consumer Durables & Apparel 0.1% | ||
Electrolux AB, Series B | 125,978 | 3,348,689 |
Husqvarna AB, B Shares | 194,244 | 1,668,261 |
5,016,950 | ||
Diversified Financials 0.2% | ||
Industrivarden AB, A Shares | 154,802 | 3,279,525 |
Industrivarden AB, C Shares | 67,923 | 1,347,713 |
Investor AB, B Shares | 222,999 | 8,864,249 |
Kinnevik AB, B Shares | 107,091 | 2,902,530 |
16,394,017 | ||
Energy 0.0% | ||
Lundin Petroleum AB * | 106,785 | 2,193,502 |
Food & Staples Retailing 0.0% | ||
ICA Gruppen AB | 62,465 | 2,033,559 |
Food, Beverage & Tobacco 0.0% | ||
Swedish Match AB | 103,723 | 3,238,518 |
Health Care Equipment & Services 0.0% | ||
Getinge AB, B Shares | 85,578 | 1,455,717 |
Household & Personal Products 0.1% | ||
Svenska Cellulosa AB SCA, B Shares | 306,935 | 9,453,853 |
Materials 0.1% | ||
Boliden AB | 136,996 | 4,192,211 |
Real Estate 0.0% | ||
Fastighets AB Balder, B Shares * | 45,722 | 1,002,140 |
Retailing 0.2% | ||
Hennes & Mauritz AB, B Shares | 483,165 | 12,800,352 |
Technology Hardware & Equipment 0.2% | ||
Hexagon AB, B Shares | 130,781 | 5,294,407 |
Telefonaktiebolaget LM Ericsson, B Shares | 1,442,287 | 9,408,395 |
14,702,802 |
Security | Number of Shares | Value ($) |
Telecommunication Services 0.1% | ||
Tele2 AB, B Shares | 242,879 | 2,177,652 |
Telia Co. AB | 1,356,058 | 5,462,627 |
7,640,279 | ||
191,954,728 | ||
Switzerland 7.6% | ||
Banks 0.0% | ||
Banque Cantonale Vaudoise - Reg'd | 2,669 | 1,830,948 |
Capital Goods 0.5% | ||
ABB Ltd. - Reg'd * | 1,006,625 | 22,837,406 |
Geberit AG - Reg'd | 19,797 | 8,591,319 |
Schindler Holding AG | 24,577 | 4,765,943 |
Schindler Holding AG - Reg'd | 11,526 | 2,210,939 |
Sulzer AG - Reg'd | 8,007 | 834,720 |
39,240,327 | ||
Commercial & Professional Services 0.2% | ||
Adecco Group AG - Reg’d | 83,707 | 6,034,895 |
DKSH Holding AG | 21,352 | 1,731,272 |
SGS S.A. - Reg'd | 2,669 | 5,690,064 |
13,456,231 | ||
Consumer Durables & Apparel 0.3% | ||
Cie Financiere Richemont S.A. - Reg'd | 262,769 | 19,416,751 |
The Swatch Group AG | 14,495 | 4,832,873 |
The Swatch Group AG - Reg'd | 32,510 | 2,114,960 |
26,364,584 | ||
Diversified Financials 0.7% | ||
Credit Suisse Group AG - Reg'd * | 1,060,302 | 16,040,317 |
Julius Baer Group Ltd. * | 123,644 | 6,068,304 |
Pargesa Holding S.A. | 13,345 | 882,826 |
Partners Group Holding AG | 11,262 | 5,909,612 |
UBS Group AG - Reg'd | 1,792,423 | 27,688,635 |
56,589,694 | ||
Food, Beverage & Tobacco 1.6% | ||
Barry Callebaut AG - Reg'd * | 500 | 648,559 |
Chocoladefabriken Lindt & Sprungli AG | 342 | 1,944,870 |
Chocoladefabriken Lindt & Sprungli AG - Reg'd | 52 | 3,380,039 |
Nestle S.A. - Reg'd | 1,573,755 | 116,682,120 |
122,655,588 | ||
Health Care Equipment & Services 0.1% | ||
Sonova Holding AG - Reg'd | 29,359 | 3,866,845 |
Straumann Holding AG - Reg'd | 3,684 | 1,565,273 |
5,432,118 | ||
Insurance 0.6% | ||
Baloise Holding AG - Reg'd | 24,021 | 3,134,999 |
Helvetia Holding AG - Reg'd | 2,900 | 1,631,784 |
Swiss Life Holding AG - Reg'd * | 16,253 | 5,128,512 |
Swiss Re AG | 171,533 | 15,381,360 |
Zurich Insurance Group AG * | 77,592 | 21,485,108 |
46,761,763 | ||
Materials 0.7% | ||
Clariant AG - Reg'd * | 138,970 | 2,604,690 |
EMS-Chemie Holding AG - Reg'd | 2,000 | 1,141,345 |
Givaudan S.A. - Reg'd | 4,775 | 8,696,990 |
LafargeHolcim Ltd. - Reg'd * | 249,496 | 14,238,051 |
Sika AG | 1,056 | 5,963,034 |
Syngenta AG - Reg'd | 47,115 | 20,347,733 |
52,991,843 | ||
Pharmaceuticals, Biotechnology & Life Sciences 2.6% | ||
Actelion Ltd. - Reg'd * | 48,824 | 13,178,019 |
Galenica AG - Reg'd | 2,105 | 2,476,100 |
Security | Number of Shares | Value ($) |
Lonza Group AG - Reg'd * | 29,937 | 5,530,326 |
Novartis AG - Reg'd | 1,204,633 | 94,306,483 |
Roche Holding AG | 359,066 | 87,736,232 |
Roche Holding AG, Bearer Shares | 11,777 | 2,898,827 |
206,125,987 | ||
Real Estate 0.1% | ||
PSP Swiss Property AG - Reg'd | 21,773 | 2,035,002 |
Swiss Prime Site AG - Reg'd * | 40,035 | 3,485,997 |
5,520,999 | ||
Retailing 0.0% | ||
Dufry AG - Reg'd * | 24,729 | 3,578,044 |
Telecommunication Services 0.1% | ||
Swisscom AG - Reg'd | 12,598 | 5,562,770 |
Transportation 0.1% | ||
Flughafen Zuerich AG - Reg’d | 2,144 | 434,174 |
Kuehne & Nagel International AG - Reg'd | 26,690 | 3,811,144 |
4,245,318 | ||
590,356,214 | ||
United Kingdom 15.9% | ||
Automobiles & Components 0.1% | ||
GKN plc | 878,101 | 3,932,660 |
Banks 2.0% | ||
Barclays plc | 8,671,599 | 24,441,478 |
CYBG plc * | 513,024 | 1,685,395 |
HSBC Holdings plc | 10,264,599 | 82,579,184 |
Lloyds Banking Group plc | 32,708,293 | 27,950,205 |
Royal Bank of Scotland Group plc * | 1,734,896 | 5,133,876 |
Standard Chartered plc * | 1,378,363 | 12,390,859 |
154,180,997 | ||
Capital Goods 0.8% | ||
Ashtead Group plc | 253,232 | 5,218,419 |
BAE Systems plc | 1,632,015 | 12,794,543 |
Bunzl plc | 155,959 | 4,376,401 |
Cobham plc | 871,785 | 1,299,650 |
DCC plc | 43,249 | 3,694,679 |
Howden Joinery Group plc | 311,650 | 1,659,470 |
IMI plc | 173,936 | 2,686,095 |
Meggitt plc | 407,029 | 2,383,115 |
Rolls-Royce Holdings plc * | 873,495 | 8,554,512 |
Smiths Group plc | 220,952 | 4,110,543 |
The Weir Group plc | 114,870 | 2,691,640 |
Travis Perkins plc | 130,781 | 2,476,962 |
Wolseley plc | 133,093 | 8,140,270 |
60,086,299 | ||
Commercial & Professional Services 0.5% | ||
Aggreko plc | 92,381 | 1,211,667 |
Babcock International Group plc | 142,210 | 1,677,639 |
Capita plc | 343,244 | 2,406,894 |
Experian plc | 493,243 | 9,802,253 |
G4S plc | 958,557 | 3,126,404 |
Intertek Group plc | 73,983 | 3,247,114 |
RELX plc | 557,821 | 10,446,996 |
Rentokil Initial plc | 1,190,374 | 3,541,792 |
35,460,759 | ||
Consumer Durables & Apparel 0.3% | ||
Barratt Developments plc | 530,570 | 3,377,135 |
Bellway plc | 61,461 | 1,993,123 |
Berkeley Group Holdings plc | 68,059 | 2,493,351 |
Burberry Group plc | 241,405 | 5,184,980 |
Persimmon plc | 147,808 | 3,790,845 |
Taylor Wimpey plc | 1,640,347 | 3,674,247 |
20,513,681 |
Security | Number of Shares | Value ($) |
Consumer Services 0.5% | ||
Carnival plc | 94,887 | 5,194,225 |
Compass Group plc | 835,884 | 15,581,810 |
InterContinental Hotels Group plc | 97,691 | 4,614,672 |
Merlin Entertainments plc | 331,997 | 2,032,635 |
Paddy Power Betfair plc | 43,568 | 4,784,564 |
TUI AG | 228,635 | 3,237,763 |
Whitbread plc | 99,371 | 4,729,891 |
William Hill plc | 484,478 | 1,591,012 |
41,766,572 | ||
Diversified Financials 0.3% | ||
3i Group plc | 506,411 | 4,338,775 |
Aberdeen Asset Management plc | 515,390 | 1,773,337 |
Ashmore Group plc | 276,994 | 1,227,101 |
Hargreaves Lansdown plc | 122,774 | 2,039,613 |
Henderson Group plc | 587,365 | 1,633,600 |
Investec plc | 329,775 | 2,374,002 |
London Stock Exchange Group plc | 157,874 | 6,046,991 |
NEX Group plc | 254,615 | 1,840,858 |
Provident Financial plc | 74,040 | 2,690,353 |
Schroders plc | 63,463 | 2,426,852 |
26,391,482 | ||
Energy 2.2% | ||
BP plc | 9,600,064 | 54,182,541 |
John Wood Group plc | 212,318 | 1,996,096 |
Petrofac Ltd. | 134,664 | 1,493,939 |
Royal Dutch Shell plc, A Shares | 2,253,920 | 58,325,369 |
Royal Dutch Shell plc, B Shares | 1,891,698 | 51,164,828 |
167,162,773 | ||
Food & Staples Retailing 0.2% | ||
Booker Group plc | 630,872 | 1,563,049 |
J Sainsbury plc | 843,784 | 2,809,813 |
Tesco plc * | 4,188,898 | 9,820,662 |
Wm Morrison Supermarkets plc | 1,127,353 | 3,403,383 |
17,596,907 | ||
Food, Beverage & Tobacco 1.7% | ||
Associated British Foods plc | 177,993 | 5,800,941 |
British American Tobacco plc | 948,793 | 59,978,452 |
Coca-Cola HBC AG CDI * | 106,760 | 2,583,975 |
Diageo plc | 1,280,849 | 36,149,397 |
Imperial Brands plc | 484,227 | 22,855,563 |
Tate & Lyle plc | 241,370 | 2,234,685 |
129,603,013 | ||
Health Care Equipment & Services 0.1% | ||
Mediclinic International plc | 198,257 | 1,829,362 |
Smith & Nephew plc | 453,730 | 6,837,569 |
8,666,931 | ||
Household & Personal Products 0.7% | ||
Reckitt Benckiser Group plc | 320,489 | 29,157,480 |
Unilever plc | 615,017 | 29,227,849 |
58,385,329 | ||
Insurance 0.9% | ||
Admiral Group plc | 96,744 | 2,200,697 |
Aviva plc | 2,083,784 | 12,913,445 |
Direct Line Insurance Group plc | 716,068 | 3,060,843 |
Legal & General Group plc | 3,113,185 | 9,619,261 |
Old Mutual plc | 2,543,764 | 6,903,869 |
Prudential plc | 1,301,324 | 26,031,338 |
RSA Insurance Group plc | 500,992 | 3,734,373 |
St. James's Place plc | 247,009 | 3,242,839 |
Standard Life plc | 1,014,653 | 4,655,333 |
72,361,998 |
Security | Number of Shares | Value ($) |
Materials 1.5% | ||
Anglo American plc * | 666,422 | 10,536,202 |
Antofagasta plc | 211,708 | 2,139,210 |
BHP Billiton plc | 1,095,498 | 17,688,012 |
CRH plc | 422,277 | 14,293,099 |
Croda International plc | 71,821 | 3,135,242 |
DS Smith plc | 475,733 | 2,638,554 |
Fresnillo plc | 84,108 | 1,555,307 |
Glencore plc * | 5,982,805 | 23,976,635 |
Johnson Matthey plc | 97,570 | 3,720,190 |
Mondi plc | 179,076 | 4,187,205 |
Polymetal International plc | 126,896 | 1,510,403 |
Randgold Resources Ltd. | 48,484 | 4,531,046 |
Rio Tinto plc | 626,003 | 25,683,573 |
Smurfit Kappa Group plc | 134,246 | 3,585,016 |
119,179,694 | ||
Media 0.4% | ||
Daily Mail & General Trust plc, A Shares | 117,436 | 1,050,728 |
Informa plc | 367,334 | 3,071,783 |
ITV plc | 1,888,347 | 4,758,465 |
Pearson plc | 262,453 | 2,201,261 |
Sky plc | 544,227 | 6,755,431 |
WPP plc | 655,911 | 15,483,613 |
33,321,281 | ||
Pharmaceuticals, Biotechnology & Life Sciences 1.5% | ||
AstraZeneca plc | 644,991 | 37,273,995 |
GlaxoSmithKline plc | 2,466,241 | 50,576,968 |
Hikma Pharmaceuticals plc | 83,064 | 2,222,344 |
Shire plc | 460,179 | 27,796,278 |
117,869,585 | ||
Real Estate 0.3% | ||
Capital & Counties Properties plc | 411,512 | 1,505,020 |
Derwent London plc | 46,948 | 1,647,503 |
Hammerson plc | 446,842 | 3,272,356 |
Intu Properties plc (a) | 576,504 | 2,058,225 |
Land Securities Group plc | 419,033 | 5,558,601 |
Segro plc | 525,793 | 3,230,918 |
The British Land Co. plc | 505,079 | 3,881,114 |
21,153,737 | ||
Retailing 0.2% | ||
Dixons Carphone plc | 523,592 | 1,974,220 |
Inchcape plc | 262,435 | 2,450,939 |
Kingfisher plc | 1,224,154 | 5,014,827 |
Marks & Spencer Group plc | 870,094 | 3,625,031 |
Next plc | 74,986 | 3,571,073 |
16,636,090 | ||
Software & Services 0.2% | ||
Auto Trader Group plc | 574,846 | 2,827,018 |
Just Eat plc * | 259,249 | 1,614,660 |
Micro Focus International plc | 109,948 | 2,988,134 |
Rightmove plc | 45,712 | 2,236,111 |
The Sage Group plc | 594,892 | 4,782,233 |
Worldpay Group plc | 840,212 | 2,837,650 |
17,285,806 | ||
Technology Hardware & Equipment 0.0% | ||
Halma plc | 193,369 | 2,340,111 |
Telecommunication Services 0.7% | ||
BT Group plc | 4,279,491 | 17,419,382 |
Inmarsat plc | 306,176 | 2,710,854 |
Vodafone Group plc | 13,597,034 | 34,161,786 |
54,292,022 |
Security | Number of Shares | Value ($) |
Transportation 0.1% | ||
International Consolidated Airlines Group S.A. | 508,319 | 3,396,806 |
Royal Mail plc | 410,009 | 2,115,352 |
5,512,158 | ||
Utilities 0.7% | ||
Centrica plc | 2,863,035 | 8,083,905 |
National Grid plc | 1,909,752 | 23,230,246 |
Pennon Group plc | 217,486 | 2,345,092 |
Severn Trent plc | 136,119 | 3,960,257 |
SSE plc | 521,209 | 9,994,812 |
United Utilities Group plc | 366,210 | 4,459,140 |
52,073,452 | ||
1,235,773,337 | ||
Total Common Stock | ||
(Cost $7,315,487,513) | 7,664,297,326 | |
Preferred Stock 0.6% of net assets | ||
Germany 0.4% | ||
Automobiles & Components 0.3% | ||
Bayerische Motoren Werke AG | 25,504 | 1,907,607 |
Porsche Automobil Holding SE | 85,408 | 4,732,849 |
Volkswagen AG | 97,890 | 14,531,301 |
21,171,757 | ||
Household & Personal Products 0.1% | ||
Henkel AG & Co. KGaA | 89,303 | 11,187,927 |
Materials 0.0% | ||
Fuchs Petrolub SE | 35,288 | 1,638,995 |
33,998,679 | ||
Republic of Korea 0.2% | ||
Automobiles & Components 0.0% | ||
Hyundai Motor Co. | 7,653 | 662,594 |
Hyundai Motor Co. 2nd | 18,811 | 1,696,858 |
2,359,452 | ||
Household & Personal Products 0.0% | ||
Amorepacific Corp. | 4,500 | 666,593 |
Technology Hardware & Equipment 0.2% | ||
Samsung Electronics Co., Ltd. | 8,659 | 11,455,993 |
14,482,038 | ||
Spain 0.0% | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.0% | ||
Grifols S.A., B Shares | 107,840 | 1,881,581 |
Total Preferred Stock | ||
(Cost $48,487,184) | 50,362,298 | |
Other Investment Companies 0.4% of net assets | ||
United States 0.4% | ||
Money Market Fund 0.1% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 0.46% (c) | 5,590,708 | 5,590,708 |
Security | Number of Shares | Value ($) |
Securities Lending Collateral 0.3% | ||
Wells Fargo Government Money Market Fund, Select Class 0.48% (c) | 21,649,901 | 21,649,901 |
Total Other Investment Companies | ||
(Cost $27,240,609) | 27,240,609 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $20,589,476. |
(b) | Fair-valued by management in accordance with procedures approved by the Board of Trustees. |
(c) | The rate shown is the 7-day yield. |
ADR — | American Depositary Receipt |
CDI — | CHESS Depositary Interest |
CVA — | Dutch Certificate |
GDR — | Global Depositary Receipt |
Reg'd — | Registered |
REIT — | Real Estate Investment Trust |
RSP — | Risparmio (Convertible Savings Shares) |
Number of Contracts | Contract Value ($) | Unrealized Appreciation ($) | ||||
Futures Contracts | ||||||
MSCI EAFE Index, e-mini, Long, expires 03/17/17 | 237 | 20,684,175 | 12,226 |
Holdings by Category | Cost ($) | Value ($) | |
99.4% | Common Stock | 986,718,908 | 1,052,472,751 |
0.3% | Preferred Stock | 2,862,287 | 2,939,671 |
2.3% | Other Investment Companies | 24,603,138 | 24,603,138 |
102.0% | Total Investments | 1,014,184,333 | 1,080,015,560 |
(2.0%) | Other Assets and Liabilities, Net | (21,658,487) | |
100.0% | Net Assets | 1,058,357,073 |
Security | Number of Shares | Value ($) |
Common Stock 99.4% of net assets | ||
Australia 5.4% | ||
Automobiles & Components 0.1% | ||
ARB Corp., Ltd. | 40,996 | 455,145 |
Banks 0.0% | ||
Genworth Mortgage Insurance Australia Ltd. | 187,338 | 404,738 |
Capital Goods 0.2% | ||
Bradken Ltd. * | 110,842 | 276,116 |
Cardno Ltd. * | 131,971 | 116,686 |
GWA Group Ltd. | 188,233 | 384,963 |
Monadelphous Group Ltd. (a) | 58,016 | 569,613 |
RCR Tomlinson Ltd. | 40,204 | 100,460 |
Reliance Worldwide Corp., Ltd. * | 226,855 | 486,625 |
Seven Group Holdings Ltd. | 65,937 | 503,915 |
2,438,378 | ||
Commercial & Professional Services 0.3% | ||
Cabcharge Australia Ltd. | 76,656 | 224,550 |
Cleanaway Waste Management Ltd. | 715,048 | 676,210 |
IPH Ltd. (a) | 61,339 | 216,938 |
McMillan Shakespeare Ltd. | 39,863 | 379,737 |
Programmed Maintenance Services Ltd. | 134,713 | 185,398 |
SG Fleet Group Ltd. | 76,656 | 192,134 |
SmartGroup Corp., Ltd. | 28,164 | 142,916 |
Spotless Group Holdings Ltd. | 620,605 | 391,265 |
Tox Free Solutions Ltd. | 113,163 | 193,152 |
2,602,300 | ||
Consumer Durables & Apparel 0.1% | ||
Breville Group Ltd. | 74,063 | 555,767 |
G.U.D. Holdings Ltd. | 68,420 | 549,193 |
1,104,960 | ||
Consumer Services 0.4% | ||
Ainsworth Game Technology Ltd. | 108,061 | 145,394 |
Ardent Leisure Group | 318,521 | 400,403 |
Collins Foods Ltd. | 43,172 | 193,514 |
G8 Education Ltd. (a) | 227,358 | 672,996 |
IDP Education Ltd. | 115,794 | 390,834 |
InvoCare Ltd. | 74,413 | 809,556 |
Mantra Group Ltd. (a) | 187,364 | 388,948 |
Navitas Ltd. | 221,502 | 839,588 |
Retail Food Group Ltd. | 93,450 | 398,762 |
4,239,995 |
Security | Number of Shares | Value ($) |
Diversified Financials 0.2% | ||
Blue Sky Alternative Investments Ltd. | 13,754 | 86,607 |
BT Investment Management Ltd. | 128,914 | 960,429 |
Credit Corp. Group Ltd. | 22,950 | 290,439 |
Eclipx Group Ltd. | 116,459 | 343,832 |
FlexiGroup Ltd. | 206,828 | 372,106 |
OFX Group Ltd. (a) | 165,202 | 166,390 |
2,219,803 | ||
Energy 0.1% | ||
AWE Ltd. * | 275,302 | 101,600 |
Beach Energy Ltd. | 920,071 | 498,715 |
Karoon Gas Australia Ltd. * | 144,910 | 184,947 |
Liquefied Natural Gas Ltd. * | 249,472 | 146,732 |
Senex Energy Ltd. *(a) | 633,923 | 165,713 |
1,097,707 | ||
Food, Beverage & Tobacco 0.3% | ||
Australian Agricultural Co., Ltd. * | 299,811 | 327,324 |
Bega Cheese Ltd. (a) | 81,490 | 365,270 |
Bellamy's Australia Ltd. (a) | 32,575 | 111,452 |
Costa Group Holdings Ltd. | 186,640 | 584,037 |
GrainCorp Ltd., Class A | 131,579 | 903,399 |
Select Harvests Ltd. | 53,811 | 215,551 |
Tassal Group Ltd. | 83,992 | 308,679 |
2,815,712 | ||
Health Care Equipment & Services 0.2% | ||
Australian Pharmaceutical Industries Ltd. | 245,799 | 359,067 |
Estia Health Ltd. (a) | 67,628 | 162,227 |
Japara Healthcare Ltd. | 137,962 | 199,415 |
Nanosonics Ltd. * | 120,807 | 266,572 |
Primary Health Care Ltd. | 295,375 | 749,427 |
Regis Healthcare Ltd. | 71,461 | 234,606 |
Sigma Pharmaceuticals Ltd. | 637,084 | 575,541 |
2,546,855 | ||
Household & Personal Products 0.1% | ||
Asaleo Care Ltd. | 248,274 | 314,007 |
Blackmores Ltd. (a) | 7,764 | 611,858 |
BWX Ltd. | 42,060 | 150,048 |
1,075,913 | ||
Insurance 0.2% | ||
Cover-More Group Ltd. | 230,570 | 341,252 |
nib Holdings Ltd. | 300,234 | 1,230,350 |
Steadfast Group Ltd. | 247,527 | 456,746 |
2,028,348 | ||
Materials 0.9% | ||
Beadell Resources Ltd. * | 701,262 | 153,662 |
Brickworks Ltd. | 38,811 | 370,611 |
Evolution Mining Ltd. | 635,663 | 1,055,656 |
Galaxy Resources Ltd. *(a) | 963,292 | 370,314 |
Gold Road Resources Ltd. * | 491,234 | 200,173 |
Highfield Resources Ltd. * | 179,355 | 153,066 |
Independence Group NL | 301,782 | 846,891 |
Jacana Minerals Ltd. *(c) | 8,715 | — |
Lynas Corp., Ltd. *(a) | 2,043,551 | 180,686 |
MACA Ltd. | 60,921 | 87,121 |
Mineral Resources Ltd. | 90,044 | 773,995 |
Northern Star Resources Ltd. | 370,121 | 1,192,338 |
Security | Number of Shares | Value ($) |
Orocobre Ltd. * | 98,067 | 232,228 |
Pact Group Holdings Ltd. | 130,712 | 670,321 |
Perseus Mining Ltd. *(a) | 567,821 | 135,336 |
Pilbara Minerals Ltd. * | 541,984 | 189,601 |
Regis Resources Ltd. | 276,142 | 717,614 |
Resolute Mining Ltd. | 248,635 | 307,772 |
Sandfire Resources NL | 105,232 | 521,045 |
Saracen Mineral Holdings Ltd. * | 478,869 | 401,314 |
St. Barbara Ltd. * | 309,572 | 604,557 |
Syrah Resources Ltd. * | 148,958 | 334,417 |
TFS Corp., Ltd. (a) | 196,966 | 221,098 |
Western Areas Ltd. * | 137,099 | 249,818 |
9,969,634 | ||
Media 0.2% | ||
APN News & Media Ltd. * | 143,450 | 293,376 |
APN Outdoor Group Ltd. | 92,575 | 422,075 |
Nine Entertainment Co. Holdings Ltd. | 418,734 | 338,041 |
oOh!media Ltd. | 78,342 | 262,617 |
Southern Cross Media Group Ltd. | 479,001 | 476,922 |
Ten Network Holdings Ltd. * | 182,019 | 90,964 |
Village Roadshow Ltd. | 57,910 | 155,834 |
WPP AUNZ Ltd. | 182,179 | 154,776 |
2,194,605 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.2% | ||
Mayne Pharma Group Ltd. * | 801,894 | 909,391 |
Mesoblast Ltd. *(a) | 144,462 | 184,376 |
Sirtex Medical Ltd. | 29,197 | 358,047 |
Starpharma Holdings Ltd. * | 280,081 | 151,815 |
1,603,629 | ||
Real Estate 0.8% | ||
Abacus Property Group | 224,399 | 534,840 |
Arena REIT | 153,434 | 248,912 |
Aveo Group | 316,974 | 774,983 |
BWP Trust | 297,696 | 652,318 |
Centuria Industrial REIT | 122,678 | 234,859 |
Charter Hall Group | 288,462 | 1,166,584 |
Charter Hall Retail REIT | 223,003 | 735,545 |
Cromwell Property Group | 1,028,116 | 778,610 |
Folkestone Education Trust | 153,434 | 330,310 |
Gateway Lifestyle | 207,621 | 341,607 |
Ingenia Communities Group | 119,057 | 248,065 |
Investa Office Fund | 375,993 | 1,350,014 |
New South Resources Ltd. * | 277,340 | 305,989 |
Viva Energy REIT | 226,855 | 418,602 |
8,121,238 | ||
Retailing 0.5% | ||
Automotive Holdings Group Ltd. | 151,427 | 464,534 |
Bapcor Ltd. | 146,731 | 627,246 |
Greencross Ltd. (a) | 58,851 | 315,376 |
JB Hi-Fi Ltd. | 66,134 | 1,363,720 |
Myer Holdings Ltd. | 412,882 | 399,980 |
Premier Investments Ltd. | 58,843 | 608,497 |
RCG Corp., Ltd. (a) | 141,699 | 123,653 |
Super Retail Group Ltd. | 98,710 | 800,673 |
The Reject Shop Ltd. | 27,862 | 165,375 |
Webjet Ltd. | 44,831 | 389,492 |
5,258,546 | ||
Software & Services 0.5% | ||
Aconex Ltd. *(a) | 104,865 | 274,933 |
Altium Ltd. | 75,988 | 422,985 |
carsales.com Ltd. | 143,051 | 1,224,130 |
IRESS Ltd. | 83,272 | 758,680 |
iSentia Group Ltd. | 119,291 | 141,703 |
Link Administration Holdings Ltd. | 208,649 | 1,190,315 |
MYOB Group Ltd. | 121,170 | 334,450 |
Security | Number of Shares | Value ($) |
NEXTDC Ltd. * | 169,976 | 484,845 |
Technology One Ltd. | 119,937 | 462,912 |
5,294,953 | ||
Transportation 0.1% | ||
Qube Holdings Ltd. (a) | 687,173 | 1,220,449 |
Virgin Australia International Holdings Ltd. *(c) | 424,000 | — |
1,220,449 | ||
Utilities 0.0% | ||
Infigen Energy * | 363,082 | 276,364 |
56,969,272 | ||
Austria 1.1% | ||
Capital Goods 0.1% | ||
Semperit AG Holding | 7,128 | 220,031 |
Strabag SE | 12,219 | 455,735 |
Zumtobel Group AG | 17,500 | 290,741 |
966,507 | ||
Consumer Services 0.0% | ||
DO & Co. AG (a) | 4,511 | 306,345 |
Energy 0.1% | ||
Schoeller-Bleckmann Oilfield Equipment AG | 7,337 | 542,622 |
Insurance 0.0% | ||
UNIQA Insurance Group AG | 60,663 | 460,828 |
Materials 0.3% | ||
Lenzing AG | 4,995 | 788,192 |
Mayr Melnhof Karton AG | 5,759 | 638,877 |
RHI AG | 13,534 | 323,218 |
Wienerberger AG | 72,441 | 1,431,750 |
3,182,037 | ||
Real Estate 0.4% | ||
BUWOG AG * | 53,421 | 1,337,954 |
CA Immobilien Anlagen AG * | 46,519 | 914,475 |
Conwert Immobilien Invest SE * | 22,432 | 390,914 |
IMMOFINANZ AG * | 529,301 | 966,264 |
S IMMO AG * | 35,047 | 431,064 |
4,040,671 | ||
Technology Hardware & Equipment 0.0% | ||
Kapsch TrafficCom AG | 2,597 | 106,754 |
Transportation 0.1% | ||
Flughafen Wien AG | 2,282 | 64,368 |
Oesterreichische Post AG * | 20,783 | 758,034 |
822,402 | ||
Utilities 0.1% | ||
EVN AG | 18,039 | 224,268 |
Verbund AG | 37,568 | 625,942 |
850,210 | ||
11,278,376 | ||
Belgium 1.4% | ||
Capital Goods 0.0% | ||
Cie d'Entreprises CFE | 3,624 | 400,490 |
Consumer Durables & Apparel 0.0% | ||
Van de Velde N.V. | 5,550 | 334,148 |
Diversified Financials 0.1% | ||
Gimv N.V. | 10,134 | 548,111 |
KBC Ancora * | 18,612 | 783,569 |
1,331,680 |
Security | Number of Shares | Value ($) |
Energy 0.1% | ||
Euronav N.V. | 83,434 | 685,141 |
Health Care Equipment & Services 0.1% | ||
AGFA-Gevaert N.V. * | 104,065 | 426,284 |
Ion Beam Applications | 12,634 | 576,397 |
1,002,681 | ||
Household & Personal Products 0.1% | ||
Ontex Group N.V. | 43,659 | 1,343,514 |
Materials 0.2% | ||
Bekaert N.V. | 20,184 | 895,970 |
Nyrstar N.V. *(a) | 57,845 | 356,504 |
Tessenderlo Chemie N.V. * | 14,391 | 528,334 |
1,780,808 | ||
Media 0.0% | ||
Kinepolis Group N.V. | 7,352 | 377,487 |
Real Estate 0.3% | ||
Aedifica S.A. | 5,227 | 400,348 |
Befimmo S.A. | 13,593 | 752,817 |
Cofinimmo S.A. | 12,873 | 1,433,543 |
Warehouses De Pauw SCA | 9,406 | 877,445 |
3,464,153 | ||
Retailing 0.1% | ||
D'Ieteren S.A. N.V. | 18,237 | 815,937 |
Semiconductors & Semiconductor Equipment 0.1% | ||
Melexis N.V. | 13,694 | 1,141,836 |
Software & Services 0.1% | ||
Econocom Group S.A. N.V. | 36,738 | 550,823 |
Technology Hardware & Equipment 0.1% | ||
Barco N.V. | 6,276 | 564,587 |
EVS Broadcast Equipment S.A. | 5,704 | 215,320 |
779,907 | ||
Telecommunication Services 0.0% | ||
Orange Belgium S.A. * | 18,519 | 421,411 |
Utilities 0.1% | ||
Elia System Operator S.A. N.V. | 15,497 | 797,090 |
15,227,106 | ||
Canada 17.6% | ||
Automobiles & Components 0.1% | ||
Linamar Corp. | 31,272 | 1,392,595 |
Martinrea International, Inc. | 45,230 | 281,738 |
1,674,333 | ||
Banks 0.3% | ||
Canadian Western Bank | 46,766 | 1,038,460 |
First National Financial Corp. | 6,989 | 142,002 |
Genworth MI Canada, Inc. | 22,950 | 657,422 |
Home Capital Group, Inc. (a) | 38,756 | 774,271 |
Laurentian Bank of Canada | 16,789 | 727,614 |
3,339,769 | ||
Capital Goods 1.3% | ||
Aecon Group, Inc. | 35,844 | 431,119 |
ATS Automation Tooling Systems, Inc. * | 52,056 | 530,602 |
Bombardier, Inc., B Shares * | 1,175,961 | 2,042,139 |
CAE, Inc. | 167,951 | 2,529,822 |
Finning International, Inc. | 101,960 | 1,898,398 |
MacDonald, Dettwiler & Associates Ltd. | 23,102 | 1,145,812 |
New Flyer Industries, Inc. | 26,135 | 868,042 |
Russel Metals, Inc. | 39,360 | 788,418 |
Toromont Industries Ltd. | 45,552 | 1,593,434 |
WSP Global, Inc. | 60,782 | 2,061,021 |
13,888,807 |
Security | Number of Shares | Value ($) |
Commercial & Professional Services 0.4% | ||
Ritchie Bros. Auctioneers, Inc. | 53,200 | 1,795,492 |
Stantec, Inc. | 65,206 | 1,686,214 |
Transcontinental, Inc., Class A | 39,211 | 598,919 |
4,080,625 | ||
Consumer Durables & Apparel 0.4% | ||
Dorel Industries, Inc., Class B | 18,254 | 482,244 |
Gildan Activewear, Inc. | 141,357 | 3,591,425 |
4,073,669 | ||
Consumer Services 0.2% | ||
Amaya, Inc. * | 64,930 | 943,714 |
Enercare, Inc. | 38,110 | 542,682 |
Great Canadian Gaming Corp. * | 28,585 | 503,952 |
1,990,348 | ||
Diversified Financials 0.8% | ||
Canaccord Genuity Group, Inc. * | 65,591 | 272,378 |
ECN Capital Corp. | 231,623 | 619,084 |
Element Fleet Management Corp. | 223,008 | 2,369,076 |
Onex Corp. | 49,607 | 3,500,899 |
Sprott, Inc. (a) | 104,290 | 177,957 |
TMX Group Ltd. | 20,501 | 1,086,308 |
8,025,702 | ||
Energy 3.7% | ||
Advantage Oil & Gas Ltd. * | 109,686 | 662,530 |
AltaGas Ltd. | 93,255 | 2,182,721 |
Athabasca Oil Corp. * | 245,953 | 310,122 |
Baytex Energy Corp. *(a) | 128,790 | 469,671 |
Birchcliff Energy Ltd. * | 131,939 | 713,265 |
Bonterra Energy Corp. | 18,437 | 332,700 |
Canadian Energy Services & Technology Corp. | 151,037 | 854,141 |
Crew Energy, Inc. * | 87,235 | 359,623 |
Enbridge Income Fund Holdings, Inc. | 46,514 | 1,199,330 |
Enerflex Ltd. | 57,311 | 749,896 |
Enerplus Corp. | 143,048 | 1,265,826 |
Ensign Energy Services, Inc. | 76,369 | 457,828 |
Gibson Energy, Inc. | 83,094 | 1,166,309 |
Gran Tierra Energy, Inc. * | 232,113 | 620,393 |
Kelt Exploration Ltd. * | 84,564 | 382,452 |
Keyera Corp. | 112,662 | 3,326,823 |
MEG Energy Corp. * | 130,799 | 701,176 |
Mullen Group Ltd. | 53,770 | 677,986 |
NuVista Energy Ltd. * | 97,948 | 434,108 |
Paramount Resources Ltd., A Shares * | 33,681 | 443,248 |
Parex Resources, Inc. * | 89,506 | 1,069,112 |
Parkland Fuel Corp. | 59,007 | 1,180,630 |
Pason Systems, Inc. | 45,210 | 617,501 |
Pengrowth Energy Corp. *(a) | 328,246 | 386,624 |
Penn West Petroleum Ltd. * | 303,491 | 506,410 |
Peyto Exploration & Development Corp. | 86,723 | 1,779,706 |
PrairieSky Royalty Ltd. | 118,743 | 2,784,671 |
Precision Drilling Corp. * | 178,404 | 914,616 |
Raging River Exploration, Inc. * | 134,443 | 912,562 |
Secure Energy Services, Inc. | 84,448 | 652,911 |
Seven Generations Energy Ltd., A Shares * | 161,686 | 3,004,336 |
ShawCor Ltd. | 39,594 | 1,058,271 |
TORC Oil & Gas Ltd. | 105,549 | 554,661 |
Veresen, Inc. | 191,793 | 1,957,825 |
Vermilion Energy, Inc. | 63,778 | 2,432,275 |
Whitecap Resources, Inc. | 202,282 | 1,660,165 |
38,782,424 |
Security | Number of Shares | Value ($) |
Food & Staples Retailing 0.2% | ||
Empire Co., Ltd., A Shares | 97,308 | 1,229,162 |
The Jean Coutu Group PJC, Inc., A Shares | 46,603 | 702,326 |
The North West Co., Inc. | 29,951 | 663,040 |
2,594,528 | ||
Food, Beverage & Tobacco 0.2% | ||
Cott Corp. | 87,242 | 932,065 |
Maple Leaf Foods, Inc. | 48,189 | 1,123,907 |
2,055,972 | ||
Health Care Equipment & Services 0.1% | ||
Chartwell Retirement Residences | 102,787 | 1,216,106 |
Extendicare, Inc. | 42,474 | 329,992 |
1,546,098 | ||
Insurance 0.2% | ||
Industrial Alliance Insurance & Financial Services, Inc. | 64,529 | 2,686,008 |
Materials 4.7% | ||
Alacer Gold Corp. * | 147,609 | 283,081 |
Alamos Gold, Inc., Class A | 158,262 | 1,148,324 |
B2Gold Corp. * | 574,156 | 1,768,701 |
Canfor Corp. * | 50,876 | 658,782 |
Cascades, Inc. | 40,938 | 409,550 |
CCL Industries, Inc., Class B | 19,886 | 4,238,753 |
Centerra Gold, Inc. | 122,581 | 593,261 |
China Gold International Resources Corp., Ltd. * | 148,856 | 303,455 |
Detour Gold Corp. * | 107,460 | 1,343,605 |
Dominion Diamond Corp. | 56,579 | 479,733 |
Eldorado Gold Corp. * | 437,364 | 1,340,706 |
Endeavour Mining Corp. * | 38,330 | 717,430 |
First Majestic Silver Corp. * | 96,368 | 876,040 |
First Quantum Minerals Ltd. | 418,417 | 4,365,980 |
Hudbay Minerals, Inc. | 144,902 | 1,125,782 |
IAMGOLD Corp. * | 271,720 | 1,075,022 |
Kinross Gold Corp. * | 751,237 | 2,654,528 |
Lundin Mining Corp. * | 384,753 | 2,321,097 |
Methanex Corp. | 55,022 | 2,812,065 |
Nevsun Resources Ltd. | 185,894 | 468,788 |
New Gold, Inc. * | 314,228 | 908,674 |
Norbord, Inc. | 25,754 | 751,746 |
NOVAGOLD RESOURCES, Inc. * | 146,099 | 774,370 |
OceanaGold Corp. | 371,696 | 1,058,019 |
Osisko Gold Royalties Ltd. | 63,745 | 700,764 |
Pan American Silver Corp. | 87,576 | 1,569,749 |
Pretium Resources, Inc. * | 86,991 | 884,721 |
SEMAFO, Inc. * | 185,690 | 570,620 |
Silver Standard Resources, Inc. * | 60,035 | 667,232 |
Stella-Jones, Inc. | 25,304 | 784,272 |
Tahoe Resources, Inc. | 181,918 | 1,546,602 |
Teck Resources Ltd., Class B | 285,252 | 5,718,178 |
Torex Gold Resources, Inc. * | 47,809 | 927,699 |
West Fraser Timber Co., Ltd. | 34,832 | 1,449,876 |
Winpak Ltd. | 17,777 | 670,438 |
Yamana Gold, Inc. | 584,825 | 1,620,528 |
49,588,171 | ||
Media 0.4% | ||
Aimia, Inc. | 101,920 | 696,422 |
Cineplex, Inc. | 37,601 | 1,420,914 |
Cogeco Communications, Inc. | 8,744 | 474,023 |
Corus Entertainment, Inc., B Shares | 62,405 | 598,866 |
Quebecor, Inc., Class B | 49,853 | 1,414,531 |
4,604,756 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.1% | ||
ProMetic Life Sciences, Inc. *(a) | 371,038 | 658,341 |
Security | Number of Shares | Value ($) |
Real Estate 1.8% | ||
Allied Properties Real Estate Investment Trust | 47,529 | 1,256,722 |
Artis Real Estate Investment Trust | 83,057 | 814,610 |
Boardwalk Real Estate Investment Trust (a) | 24,621 | 826,680 |
Canadian Apartment Properties REIT | 83,476 | 2,026,946 |
Canadian Real Estate Investment Trust | 44,832 | 1,685,706 |
Colliers International Group, Inc. | 21,653 | 1,093,072 |
Cominar Real Estate Investment Trust | 114,909 | 1,286,648 |
Dream Office Real Estate Investment Trust | 66,005 | 933,424 |
Dream Unlimited Corp., Class A * | 30,123 | 152,838 |
First Capital Realty, Inc. | 55,558 | 877,552 |
FirstService Corp. | 20,187 | 1,166,150 |
Granite Real Estate Investment Trust | 30,652 | 1,064,587 |
H&R Real Estate Investment Trust | 177,318 | 3,159,579 |
Morguard Real Estate Investment Trust | 21,376 | 243,384 |
Northview Apartment Real Estate Investment Trust | 29,082 | 476,484 |
Smart Real Estate Investment Trust | 69,732 | 1,760,082 |
18,824,464 | ||
Retailing 0.5% | ||
AutoCanada, Inc. | 15,571 | 270,049 |
Dollarama, Inc. | 61,848 | 4,776,181 |
Hudson's Bay Co. (a) | 74,558 | 694,662 |
5,740,892 | ||
Software & Services 0.7% | ||
DH Corp. | 66,674 | 1,148,276 |
Enghouse Systems Ltd. | 10,768 | 433,582 |
Open Text Corp. | 147,953 | 4,890,620 |
The Descartes Systems Group, Inc. * | 44,290 | 931,647 |
7,404,125 | ||
Technology Hardware & Equipment 0.2% | ||
Avigilon Corp. *(a) | 24,351 | 276,705 |
Celestica, Inc. * | 75,005 | 993,875 |
Sierra Wireless, Inc. *(a) | 20,261 | 573,969 |
1,844,549 | ||
Telecommunication Services 0.1% | ||
Manitoba Telecom Services, Inc. | 18,400 | 545,561 |
Transportation 0.2% | ||
TFI International, Inc. | 56,584 | 1,414,974 |
Westshore Terminals Investment Corp. | 35,690 | 727,570 |
2,142,544 | ||
Utilities 1.0% | ||
Algonquin Power & Utilities Corp. | 221,530 | 2,018,851 |
Atco Ltd., Class I | 48,145 | 1,649,605 |
Capital Power Corp. | 61,304 | 1,167,343 |
Emera, Inc. | 23,676 | 814,256 |
Innergex Renewable Energy, Inc. | 65,242 | 712,295 |
Just Energy Group, Inc. | 85,675 | 490,329 |
Northland Power, Inc. | 68,950 | 1,273,372 |
Superior Plus Corp. | 88,669 | 824,797 |
TransAlta Corp. | 176,587 | 947,966 |
TransAlta Renewables, Inc. | 43,730 | 489,649 |
10,388,463 | ||
186,480,149 | ||
Denmark 1.5% | ||
Banks 0.2% | ||
Spar Nord Bank A/S | 55,565 | 618,007 |
Sydbank A/S | 45,333 | 1,573,531 |
2,191,538 |
Security | Number of Shares | Value ($) |
Capital Goods 0.3% | ||
FLSmidth & Co. A/S | 30,173 | 1,483,847 |
NKT Holding A/S | 15,226 | 1,077,683 |
Rockwool International A/S, B Shares | 3,690 | 611,395 |
Solar A/S, B Shares | 3,630 | 202,388 |
3,375,313 | ||
Consumer Durables & Apparel 0.1% | ||
Bang & Olufsen A/S * | 22,145 | 315,000 |
Food, Beverage & Tobacco 0.2% | ||
Royal Unibrew A/S | 25,056 | 979,315 |
Scandinavian Tobacco Group A/S, Class A | 18,184 | 318,187 |
Schouw & Co. | 7,271 | 572,741 |
1,870,243 | ||
Health Care Equipment & Services 0.3% | ||
Ambu A/S, Class B | 14,763 | 596,430 |
GN Store Nord A/S | 83,548 | 1,909,839 |
2,506,269 | ||
Insurance 0.1% | ||
Alm Brand A/S | 51,109 | 423,777 |
Topdanmark A/S * | 35,856 | 911,394 |
1,335,171 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.1% | ||
ALK-Abello A/S | 3,974 | 532,897 |
Bavarian Nordic A/S * | 17,329 | 691,178 |
1,224,075 | ||
Retailing 0.0% | ||
Matas A/S | 21,462 | 311,421 |
Software & Services 0.1% | ||
SimCorp A/S | 20,625 | 1,151,403 |
Transportation 0.1% | ||
Dfds A/S | 20,653 | 1,139,680 |
15,420,113 | ||
Finland 1.4% | ||
Capital Goods 0.6% | ||
Cargotec Oyj, B Shares | 25,824 | 1,258,974 |
Cramo Oyj | 15,775 | 342,290 |
Konecranes Oyj | 36,375 | 1,312,238 |
Ramirent Oyj | 45,705 | 389,015 |
Uponor Oyj | 32,941 | 567,400 |
Valmet Oyj | 82,715 | 1,277,085 |
YIT Oyj | 83,168 | 576,200 |
5,723,202 | ||
Commercial & Professional Services 0.1% | ||
Caverion Corp. (a) | 82,386 | 603,174 |
Consumer Durables & Apparel 0.2% | ||
Amer Sports Oyj | 69,688 | 1,659,471 |
Food, Beverage & Tobacco 0.0% | ||
Raisio Oyj, V Shares | 64,551 | 243,501 |
Health Care Equipment & Services 0.0% | ||
Oriola-KD Oyj, B Shares | 66,827 | 279,781 |
Materials 0.3% | ||
Kemira Oyj | 45,507 | 581,236 |
Metsa Board Oyj | 137,639 | 925,064 |
Outokumpu Oyj * | 125,492 | 1,246,135 |
Outotec Oyj * | 113,397 | 639,832 |
3,392,267 | ||
Media 0.0% | ||
Sanoma Oyj | 48,148 | 423,622 |
Security | Number of Shares | Value ($) |
Real Estate 0.1% | ||
Citycon Oyj | 246,784 | 587,401 |
Sponda Oyj | 144,880 | 608,716 |
1,196,117 | ||
Software & Services 0.1% | ||
Tieto Oyj | 45,395 | 1,268,626 |
Transportation 0.0% | ||
Finnair Oyj * | 47,152 | 209,433 |
14,999,194 | ||
France 3.1% | ||
Capital Goods 0.3% | ||
Faiveley Transport S.A. | 3,812 | 405,387 |
Haulotte Group S.A. | 7,633 | 109,091 |
Jacquet Metal Service | 7,633 | 171,017 |
Manitou BF S.A. | 6,074 | 134,893 |
Mersen | 7,724 | 183,602 |
Nexans S.A. * | 21,163 | 1,094,594 |
SPIE S.A. | 26,914 | 651,910 |
Tarkett S.A. | 12,670 | 531,525 |
3,282,019 | ||
Commercial & Professional Services 0.2% | ||
Assystem | 7,633 | 236,998 |
Derichebourg S.A. | 46,022 | 210,478 |
Elis S.A. | 67,530 | 1,270,106 |
GL Events | 6,074 | 117,467 |
1,835,049 | ||
Consumer Durables & Apparel 0.1% | ||
Beneteau S.A. | 19,432 | 235,392 |
Trigano S.A. | 6,073 | 547,358 |
782,750 | ||
Consumer Services 0.2% | ||
Elior Group | 77,266 | 1,739,349 |
Diversified Financials 0.2% | ||
Euronext N.V. | 44,026 | 1,908,706 |
FFP | 2,001 | 175,736 |
2,084,442 | ||
Energy 0.2% | ||
Bourbon Corp. (a) | 17,306 | 232,625 |
CGG S.A. *(a) | 13,014 | 119,203 |
Etablissements Maurel et Prom *(a) | 87,290 | 332,061 |
Gaztransport Et Technigaz S.A. | 11,154 | 412,636 |
Vallourec S.A. *(a) | 170,777 | 939,821 |
2,036,346 | ||
Food & Staples Retailing 0.0% | ||
Rallye S.A. | 6,502 | 148,199 |
Food, Beverage & Tobacco 0.0% | ||
Bonduelle S.C.A. | 9,602 | 266,505 |
Vilmorin & Cie S.A. | 3,385 | 240,309 |
506,814 | ||
Health Care Equipment & Services 0.1% | ||
Guerbet | 2,890 | 261,427 |
Korian S.A. | 24,296 | 689,312 |
950,739 | ||
Insurance 0.0% | ||
Coface S.A. | 48,567 | 355,574 |
Materials 0.1% | ||
Eramet * | 5,412 | 293,865 |
Vicat S.A. | 10,063 | 638,155 |
932,020 |
Security | Number of Shares | Value ($) |
Media 0.4% | ||
Havas S.A. | 111,413 | 966,278 |
IPSOS | 22,406 | 723,305 |
Metropole Television S.A. | 47,524 | 1,009,475 |
Technicolor S.A. - Reg'd | 221,923 | 928,877 |
Television Francaise 1 S.A. | 67,973 | 773,202 |
4,401,137 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.2% | ||
Boiron S.A. | 2,589 | 237,445 |
DBV Technologies S.A. * | 12,982 | 947,418 |
Genfit * | 16,784 | 379,700 |
Virbac S.A. * | 2,660 | 478,529 |
2,043,092 | ||
Real Estate 0.2% | ||
Mercialys S.A. | 27,120 | 491,342 |
Nexity S.A. * | 24,400 | 1,180,995 |
1,672,337 | ||
Retailing 0.0% | ||
Groupe Fnac S.A. * | 7,315 | 439,014 |
Software & Services 0.5% | ||
Alten S.A. | 14,614 | 1,014,033 |
Altran Technologies S.A. * | 77,938 | 1,232,730 |
Sopra Steria Group | 8,036 | 1,018,282 |
UBISOFT Entertainment S.A. * | 46,580 | 1,713,795 |
Worldline S.A. * | 20,653 | 598,135 |
5,576,975 | ||
Technology Hardware & Equipment 0.1% | ||
Neopost S.A. | 21,335 | 644,524 |
Parrot S.A. *(a) | 11,461 | 102,543 |
747,067 | ||
Transportation 0.1% | ||
Air France-KLM *(a) | 87,238 | 616,078 |
Europcar Groupe S.A. * | 42,251 | 437,690 |
1,053,768 | ||
Utilities 0.2% | ||
Albioma S.A. | 6,964 | 120,471 |
Rubis S.C.A. | 22,883 | 2,151,919 |
2,272,390 | ||
32,859,081 | ||
Germany 4.2% | ||
Automobiles & Components 0.1% | ||
ElringKlinger AG | 17,814 | 322,931 |
Leoni AG | 18,059 | 727,090 |
1,050,021 | ||
Banks 0.2% | ||
Aareal Bank AG | 35,062 | 1,298,775 |
comdirect bank AG | 13,894 | 136,358 |
Deutsche Pfandbriefbank AG | 60,821 | 646,284 |
2,081,417 | ||
Capital Goods 0.9% | ||
BayWa AG | 10,743 | 351,655 |
Deutz AG | 70,717 | 427,944 |
DMG Mori AG | 12,500 | 607,276 |
Duerr AG | 8,576 | 713,719 |
Heidelberger Druckmaschinen AG * | 144,402 | 360,588 |
Indus Holding AG | 10,060 | 622,144 |
Kloeckner & Co. SE * | 58,739 | 772,086 |
Krones AG | 9,121 | 948,844 |
Nordex SE *(a) | 38,144 | 562,987 |
Norma Group SE | 19,978 | 862,519 |
Pfeiffer Vacuum Technology AG | 6,074 | 651,877 |
Security | Number of Shares | Value ($) |
Rheinmetall AG | 26,449 | 2,026,911 |
SGL Carbon SE *(a) | 44,981 | 384,669 |
Vossloh AG * | 5,723 | 368,524 |
Wacker Neuson SE | 16,300 | 311,507 |
9,973,250 | ||
Commercial & Professional Services 0.1% | ||
Bertrandt AG | 2,623 | 261,049 |
Bilfinger SE *(a) | 20,640 | 816,202 |
1,077,251 | ||
Consumer Durables & Apparel 0.1% | ||
Gerry Weber International AG (a) | 17,098 | 193,492 |
Puma SE | 1,622 | 506,203 |
699,695 | ||
Diversified Financials 0.1% | ||
Deutsche Beteiligungs AG | 8,392 | 300,693 |
GRENKE AG | 4,412 | 773,551 |
1,074,244 | ||
Food, Beverage & Tobacco 0.0% | ||
KWS Saat SE | 1,244 | 377,329 |
Health Care Equipment & Services 0.2% | ||
Carl Zeiss Meditec AG | 8,692 | 377,203 |
CompuGroup Medical SE | 14,007 | 562,832 |
Draegerwerk AG & Co., KGaA | 1,488 | 102,427 |
Rhoen-Klinikum AG | 28,133 | 710,583 |
1,753,045 | ||
Materials 0.3% | ||
Aurubis AG | 27,582 | 1,595,855 |
BRAAS Monier Building Group S.A. | 14,920 | 404,435 |
Salzgitter AG | 23,312 | 854,859 |
2,855,149 | ||
Media 0.2% | ||
CTS Eventim AG & Co., KGaA | 21,550 | 785,895 |
Stroeer SE & CO. KGaA (a) | 15,611 | 783,214 |
Tele Columbus AG * | 46,157 | 395,412 |
1,964,521 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.4% | ||
Gerresheimer AG | 18,523 | 1,456,705 |
MorphoSys AG * | 16,793 | 960,198 |
STADA Arzneimittel AG | 38,468 | 2,336,069 |
4,752,972 | ||
Real Estate 0.5% | ||
ADO Properties S.A. | 13,746 | 509,110 |
alstria Office REIT-AG * | 75,780 | 920,790 |
Deutsche Euroshop AG | 31,500 | 1,309,253 |
DIC Asset AG | 22,185 | 223,479 |
PATRIZIA Immobilien AG * | 28,432 | 533,994 |
TAG Immobilien AG | 88,950 | 1,218,813 |
TLG Immobilien AG | 31,176 | 603,420 |
5,318,859 | ||
Retailing 0.1% | ||
Takkt AG | 19,582 | 441,854 |
zooplus AG * | 3,679 | 527,561 |
969,415 | ||
Semiconductors & Semiconductor Equipment 0.2% | ||
AIXTRON SE * | 49,257 | 169,269 |
Dialog Semiconductor plc * | 43,192 | 2,283,087 |
SMA Solar Technology AG (a) | 7,708 | 194,853 |
2,647,209 | ||
Software & Services 0.3% | ||
Bechtle AG | 8,349 | 872,615 |
Nemetschek SE | 11,775 | 639,494 |
Security | Number of Shares | Value ($) |
Software AG | 31,507 | 1,172,279 |
XING AG | 1,533 | 313,413 |
2,997,801 | ||
Technology Hardware & Equipment 0.1% | ||
Diebold Nixdorf AG | 5,036 | 367,738 |
Jenoptik AG | 31,067 | 694,733 |
1,062,471 | ||
Telecommunication Services 0.3% | ||
Drillisch AG (a) | 24,775 | 1,126,749 |
Freenet AG | 67,135 | 2,009,225 |
3,135,974 | ||
Transportation 0.1% | ||
Hamburger Hafen und Logistik AG | 15,317 | 304,277 |
Sixt SE | 8,305 | 426,463 |
730,740 | ||
44,521,363 | ||
Hong Kong 2.2% | ||
Automobiles & Components 0.1% | ||
Nexteer Automotive Group Ltd. | 434,074 | 560,315 |
Banks 0.0% | ||
Chong Hing Bank Ltd. | 125,836 | 259,049 |
Capital Goods 0.2% | ||
BEP International Holdings Ltd. | 7,272,278 | 449,690 |
China Ocean Industry Group Ltd. * | 6,873,798 | 187,730 |
China Strategic Holdings Ltd. * | 7,673,739 | 158,172 |
KuangChi Science Ltd. *(a) | 1,022,259 | 425,368 |
Summit Ascent Holdings Ltd. * | 368,288 | 111,021 |
The 13 Holdings Ltd. * | 405,668 | 116,540 |
Vision Fame International Holding Ltd. *(a) | 855,512 | 156,500 |
1,605,021 | ||
Consumer Durables & Apparel 0.2% | ||
Goodbaby International Holdings Ltd. | 612,932 | 273,206 |
Man Wah Holdings Ltd. | 972,833 | 640,413 |
Pacific Textiles Holdings Ltd. | 276,893 | 308,909 |
Regina Miracle International Holdings Ltd. (a) | 184,154 | 144,952 |
Stella International Holdings Ltd. | 244,326 | 346,859 |
1,714,339 | ||
Consumer Services 0.1% | ||
China Baoli Technologies Holdings Ltd. * | 18,180,695 | 541,033 |
China LotSynergy Holdings Ltd. * | 4,977,818 | 169,936 |
Dynam Japan Holdings Co., Ltd. | 192,106 | 318,756 |
NagaCorp Ltd. | 889,422 | 486,965 |
1,516,690 | ||
Diversified Financials 0.2% | ||
China Financial International Investments Ltd. * | 2,454,915 | 124,921 |
China LNG Group Ltd. | 9,634,460 | 235,821 |
China Medical & HealthCare Group Ltd. * | 2,982,680 | 151,777 |
Emperor Capital Group Ltd. | 2,145,280 | 193,456 |
Freeman FinTech Corp., Ltd. * | 8,019,436 | 557,877 |
G-Resources Group Ltd. | 16,161,352 | 299,807 |
Sun Hung Kai & Co., Ltd. | 315,298 | 205,935 |
Value Partners Group Ltd. | 576,858 | 583,364 |
2,352,958 | ||
Energy 0.0% | ||
NewOcean Energy Holdings Ltd. | 620,141 | 225,290 |
Sino Oil & Gas Holdings Ltd. * | 10,029,334 | 257,114 |
482,404 |
Security | Number of Shares | Value ($) |
Food, Beverage & Tobacco 0.1% | ||
C.P. Pokphand Co., Ltd. | 3,341,678 | 335,784 |
Vitasoy International Holdings Ltd. | 411,820 | 811,709 |
1,147,493 | ||
Health Care Equipment & Services 0.0% | ||
Town Health International Medical Group Ltd. | 2,569,795 | 410,508 |
Insurance 0.0% | ||
Convoy Global Holdings Ltd. * | 5,368,938 | 145,939 |
Materials 0.1% | ||
China Silver Group Ltd. | 850,191 | 168,670 |
MMG Ltd. *(a) | 1,292,139 | 509,368 |
NetMind Financial Holdings Ltd. * | 17,130,206 | 123,581 |
Superb Summit International Group Ltd. *(c) | 1,120,000 | — |
TCC International Holdings Ltd. | 395,011 | 108,390 |
Yingde Gases Group Co., Ltd. (c) | 661,681 | 454,336 |
1,364,345 | ||
Media 0.1% | ||
IMAX China Holding, Inc. *(a) | 67,942 | 325,599 |
Mei Ah Entertainment Group Ltd. * | 2,096,604 | 128,295 |
Nan Hai Corp., Ltd. *(a) | 6,069,140 | 189,992 |
643,886 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.0% | ||
China Animal Healthcare Ltd. *(c) | 192,752 | — |
Lee's Pharmaceutical Holdings Ltd. | 197,384 | 164,011 |
The United Laboratories International Holdings Ltd. * | 390,897 | 251,787 |
415,798 | ||
Real Estate 0.4% | ||
Beijing Enterprises Medical & Health Group Ltd. * | 3,494,367 | 211,576 |
Far East Consortium International Ltd. | 700,893 | 319,636 |
Fortune Real Estate Investment Trust | 899,755 | 1,009,587 |
Gemdale Properties & Investment Corp., Ltd. | 4,175,752 | 274,351 |
K Wah International Holdings Ltd. | 782,794 | 436,653 |
Lai Sun Development Co., Ltd. | 8,956,046 | 212,293 |
Prosperity REIT | 705,922 | 289,191 |
SEA Holdings Ltd. | 140,170 | 281,335 |
Sunlight Real Estate Investment Trust | 809,470 | 476,561 |
Yuexiu Real Estate Investment Trust | 802,761 | 477,782 |
3,988,965 | ||
Retailing 0.2% | ||
China Harmony New Energy Auto Holding Ltd. | 503,841 | 245,999 |
Chow Sang Sang Holdings International Ltd. | 168,360 | 374,353 |
Giordano International Ltd. | 809,470 | 441,106 |
Luk Fook Holdings International Ltd. | 210,149 | 610,485 |
Pou Sheng International Holdings Ltd. | 1,273,778 | 310,139 |
1,982,082 | ||
Software & Services 0.1% | ||
HC International, Inc. * | 415,357 | 340,849 |
IGG, Inc. | 600,942 | 425,017 |
765,866 | ||
Technology Hardware & Equipment 0.2% | ||
China Aerospace International Holdings Ltd. | 1,467,844 | 194,768 |
China Goldjoy Group Ltd. | 5,368,938 | 491,075 |
GCL New Energy Holdings Ltd. * | 3,944,245 | 200,707 |
Ju Teng International Holdings Ltd. | 597,221 | 226,195 |
Security | Number of Shares | Value ($) |
Technovator International Ltd. | 328,449 | 139,208 |
Truly International Holdings Ltd. | 901,240 | 387,783 |
1,639,736 | ||
Telecommunication Services 0.1% | ||
APT Satellite Holdings Ltd. | 234,446 | 124,435 |
CITIC Telecom International Holdings Ltd. | 925,383 | 289,687 |
HKBN Ltd. | 463,409 | 540,274 |
SmarTone Telecommunications Holdings Ltd. | 250,332 | 339,905 |
1,294,301 | ||
Transportation 0.1% | ||
Pacific Basin Shipping Ltd. * | 1,787,857 | 391,546 |
SITC International Holdings Co., Ltd. | 783,346 | 502,556 |
894,102 | ||
Utilities 0.0% | ||
Canvest Environmental Protection Group Co., Ltd. | 561,240 | 303,668 |
United Photovoltaics Group Ltd. * | 2,166,080 | 189,751 |
493,419 | ||
23,677,216 | ||
Ireland 0.6% | ||
Banks 0.0% | ||
Permanent TSB Group Holdings plc * | 63,202 | 177,970 |
Capital Goods 0.3% | ||
Kingspan Group plc | 108,010 | 3,328,371 |
Food, Beverage & Tobacco 0.1% | ||
C&C Group plc | 207,805 | 854,549 |
Origin Enterprises plc | 77,339 | 522,914 |
1,377,463 | ||
Real Estate 0.1% | ||
Green REIT plc | 395,716 | 567,658 |
Hibernia REIT plc | 353,379 | 454,356 |
1,022,014 | ||
Transportation 0.1% | ||
Irish Continental Group plc | 97,275 | 521,990 |
6,427,808 | ||
Israel 0.5% | ||
Capital Goods 0.0% | ||
Electra Ltd. | 1,492 | 287,842 |
Energy 0.1% | ||
Jerusalem Oil Exploration * | 7,351 | 392,155 |
Food & Staples Retailing 0.1% | ||
Rami Levy Chain Stores Hashikma Marketing 2006 Ltd. | 6,658 | 296,476 |
Shufersal Ltd. | 39,198 | 176,592 |
473,068 | ||
Health Care Equipment & Services 0.0% | ||
Mazor Robotics Ltd. * | 22,331 | 259,607 |
Insurance 0.1% | ||
IDI Insurance Co., Ltd. | 3,900 | 199,805 |
Menora Mivtachim Holdings Ltd. * | 34,848 | 380,520 |
Migdal Insurance & Financial Holding Ltd. * | 107,107 | 106,333 |
Phoenix Holdings Ltd. * | 28,848 | 118,553 |
805,211 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.0% | ||
Compugen Ltd. * | 46,937 | 205,913 |
Security | Number of Shares | Value ($) |
Real Estate 0.1% | ||
Africa Israel Properties Ltd. * | 12,286 | 244,687 |
Airport City Ltd. * | 1 | 9 |
Jerusalem Economy Ltd. * | 90,146 | 212,717 |
Reit 1 Ltd. | 135,005 | 423,154 |
880,567 | ||
Semiconductors & Semiconductor Equipment 0.0% | ||
Nova Measuring Instruments Ltd. * | 22,543 | 380,660 |
Software & Services 0.0% | ||
Formula Systems 1985 Ltd. | 4,954 | 201,410 |
Technology Hardware & Equipment 0.0% | ||
Gilat Satellite Networks Ltd. * | 22,277 | 118,903 |
Telecommunication Services 0.1% | ||
B Communications Ltd. | 5,100 | 100,871 |
Cellcom Israel Ltd. * | 36,137 | 398,566 |
Partner Communications Co., Ltd. * | 62,026 | 391,209 |
890,646 | ||
4,895,982 | ||
Italy 3.2% | ||
Automobiles & Components 0.1% | ||
Brembo S.p.A. | 17,341 | 1,168,243 |
Piaggio & C S.p.A. | 155,357 | 258,354 |
1,426,597 | ||
Banks 0.5% | ||
Banca Carige S.p.A. *(a) | 375,429 | 110,504 |
Banca Monte dei Paschi di Siena S.p.A. *(c) | 14,324 | 203,203 |
Banca Popolare di Sondrio Scarl | 277,937 | 886,598 |
Banco BPM S.p.A. | 888,547 | 2,224,464 |
BPER Banca | 305,473 | 1,399,007 |
Credito Emiliano S.p.A. | 42,634 | 267,967 |
Credito Valtellinese SC | 75,434 | 273,172 |
5,364,915 | ||
Capital Goods 0.3% | ||
Astaldi S.p.A. (a) | 34,287 | 236,817 |
C.I.R. - Compagnie Industriali Riunite S.p.A | 241,377 | 315,223 |
Danieli & C Officine Meccaniche S.p.A. | 7,633 | 169,111 |
Danieli & C Officine Meccaniche S.p.A. - RSP | 26,876 | 446,368 |
Fincantieri S.p.A. * | 263,736 | 167,867 |
Industria Macchine Automatiche S.p.A. | 8,367 | 595,237 |
Interpump Group S.p.A. | 55,273 | 1,128,850 |
Italmobiliare S.p.A. | 4,959 | 244,923 |
Salini Impregilo S.p.A | 95,204 | 320,689 |
3,625,085 | ||
Consumer Durables & Apparel 0.4% | ||
Brunello Cucinelli S.p.A. | 15,043 | 310,582 |
De'Longhi S.p.A. | 36,146 | 941,014 |
Moncler S.p.A. | 81,098 | 1,552,869 |
OVS S.p.A. | 65,496 | 381,386 |
Safilo Group S.p.A. * | 14,618 | 100,732 |
Tod's S.p.A. (a) | 8,041 | 569,055 |
3,855,638 | ||
Consumer Services 0.1% | ||
Autogrill S.p.A. | 86,710 | 769,353 |
Diversified Financials 0.4% | ||
Anima Holding S.p.A. | 133,484 | 717,002 |
Azimut Holding S.p.A. | 64,064 | 1,078,979 |
Banca Generali S.p.A. | 35,130 | 851,104 |
Security | Number of Shares | Value ($) |
Banca IFIS S.p.A. | 11,210 | 351,396 |
Cerved Information Solutions S.p.A. | 121,142 | 1,085,156 |
4,083,637 | ||
Energy 0.0% | ||
Saras S.p.A. | 260,320 | 475,780 |
Food & Staples Retailing 0.0% | ||
MARR S.p.A. | 18,499 | 376,432 |
Health Care Equipment & Services 0.1% | ||
Amplifon S.p.A. | 50,659 | 544,224 |
DiaSorin S.p.A. | 13,855 | 879,659 |
1,423,883 | ||
Insurance 0.2% | ||
Societa Cattolica di Assicurazioni Scarl | 96,224 | 605,306 |
Unipol Gruppo Finanziario S.p.A. | 310,724 | 1,184,008 |
1,789,314 | ||
Materials 0.2% | ||
Buzzi Unicem S.p.A. | 41,465 | 1,030,139 |
Buzzi Unicem S.p.A. - RSP | 31,240 | 426,896 |
Cementir Holding S.p.A. | 29,787 | 165,855 |
1,622,890 | ||
Media 0.0% | ||
RAI Way S.p.A. | 59,221 | 272,479 |
Real Estate 0.1% | ||
Beni Stabili S.p.A. * | 711,492 | 446,059 |
Immobiliare Grande Distribuzione | 208,477 | 163,930 |
609,989 | ||
Retailing 0.1% | ||
Yoox Net-A-Porter Group S.p.A. * | 35,419 | 846,062 |
Software & Services 0.0% | ||
Reply S.p.A. | 2,524 | 337,128 |
Technology Hardware & Equipment 0.0% | ||
Datalogic S.p.A. | 12,219 | 258,250 |
Esprinet S.p.A. | 16,805 | 130,088 |
388,338 | ||
Telecommunication Services 0.1% | ||
Ei Towers S.p.A. | 10,272 | 530,143 |
Infrastrutture Wireless Italiane S.p.A. | 145,418 | 658,260 |
1,188,403 | ||
Transportation 0.2% | ||
Ansaldo STS S.p.A. | 64,800 | 802,178 |
ASTM S.p.A. | 23,245 | 301,342 |
Enav S.p.A. * | 106,615 | 381,558 |
Societa Iniziative Autostradali e Servizi S.p.A. | 45,702 | 401,615 |
1,886,693 | ||
Utilities 0.4% | ||
A2A S.p.A. | 968,929 | 1,349,784 |
ACEA S.p.A. | 27,136 | 346,017 |
ERG S.p.A. | 37,981 | 443,137 |
Hera S.p.A. | 439,644 | 1,093,168 |
Iren S.p.A. | 286,017 | 493,265 |
3,725,371 | ||
34,067,987 | ||
Japan 19.5% | ||
Automobiles & Components 0.9% | ||
Daido Metal Co., Ltd. | 26,124 | 239,327 |
Daikyonishikawa Corp. | 33,362 | 446,377 |
Eagle Industry Co., Ltd. | 15,673 | 226,792 |
FCC Co., Ltd. | 20,824 | 419,514 |
Futaba Industrial Co., Ltd. | 26,042 | 182,947 |
Security | Number of Shares | Value ($) |
G-Tekt Corp. | 12,225 | 228,362 |
Keihin Corp. | 27,806 | 467,223 |
KYB Corp. | 122,678 | 663,362 |
Mitsuba Corp. | 23,936 | 455,679 |
Musashi Seimitsu Industry Co., Ltd. | 16,905 | 451,012 |
Nippon Seiki Co., Ltd. | 28,735 | 601,230 |
Nissin Kogyo Co., Ltd. | 26,091 | 465,690 |
Pacific Industrial Co., Ltd. | 32,798 | 409,517 |
Piolax, Inc. | 5,712 | 393,104 |
Press Kogyo Co., Ltd. | 61,959 | 315,651 |
Sanden Holdings Corp. | 70,823 | 246,236 |
Showa Corp. | 36,467 | 303,444 |
Sumitomo Riko Co., Ltd. | 22,950 | 239,787 |
Tachi-S Co., Ltd. | 18,364 | 338,934 |
Topre Corp. | 26,124 | 688,561 |
TPR Co., Ltd. | 21,239 | 726,095 |
Unipres Corp. | 23,623 | 507,994 |
Yorozu Corp. | 10,901 | 173,913 |
9,190,751 | ||
Banks 1.7% | ||
Bank of the Ryukyus Ltd. | 34,667 | 509,075 |
FIDEA Holdings Co., Ltd. | 181,068 | 347,943 |
Jimoto Holdings, Inc. | 136,495 | 237,892 |
Kansai Urban Banking Corp. | 29,415 | 403,294 |
Mebuki Financial Group, Inc. | 606,058 | 2,681,313 |
The Aichi Bank Ltd. | 7,623 | 479,652 |
The Akita Bank Ltd. | 114,029 | 364,860 |
The Aomori Bank Ltd. | 152,388 | 528,458 |
The Bank of Iwate Ltd. | 11,191 | 478,107 |
The Bank of Nagoya Ltd. | 11,772 | 444,534 |
The Bank of Okinawa Ltd. | 14,971 | 572,694 |
The Chiba Kogyo Bank Ltd. | 46,076 | 261,915 |
The Ehime Bank Ltd. | 7,653 | 94,872 |
The Eighteenth Bank Ltd. | 106,677 | 348,963 |
The Fukui Bank Ltd. | 184,925 | 446,259 |
The Hokkoku Bank Ltd. | 127,335 | 524,659 |
The Hokuetsu Bank Ltd. | 6,084 | 147,308 |
The Hyakugo Bank Ltd. | 115,574 | 487,562 |
The Hyakujushi Bank Ltd. | 151,146 | 543,064 |
The Kiyo Bank Ltd. | 51,217 | 854,647 |
The Minato Bank Ltd. | 12,151 | 251,198 |
The Miyazaki Bank Ltd. | 118,211 | 390,920 |
The Musashino Bank Ltd. | 18,102 | 585,684 |
The Nanto Bank Ltd. | 16,616 | 674,234 |
The Ogaki Kyoritsu Bank Ltd. | 207,609 | 682,845 |
The Oita Bank Ltd. | 126,044 | 502,441 |
The Shikoku Bank Ltd. | 75,168 | 206,924 |
The Tochigi Bank Ltd. | 76,938 | 390,587 |
The Toho Bank Ltd. | 154,852 | 590,980 |
The Towa Bank Ltd. | 312,584 | 332,462 |
The Yamagata Bank Ltd. | 110,229 | 472,896 |
The Yamanashi Chuo Bank Ltd. | 105,000 | 499,263 |
Tokyo TY Financial Group, Inc. | 16,901 | 577,793 |
TOMONY Holdings, Inc. | 98,488 | 559,846 |
Tsukuba Bank Ltd. | 67,482 | 207,479 |
17,682,623 | ||
Capital Goods 4.4% | ||
Aica Kogyo Co., Ltd. | 41,236 | 1,058,496 |
Aichi Corp. | 16,633 | 130,228 |
Aida Engineering Ltd. | 41,868 | 374,954 |
Anest Iwata Corp. | 8,133 | 79,451 |
Asahi Diamond Industrial Co., Ltd. | 39,997 | 328,527 |
Bunka Shutter Co., Ltd. | 34,867 | 255,850 |
Central Glass Co., Ltd. | 125,088 | 573,537 |
Chiyoda Integre Co., Ltd. | 11,865 | 264,162 |
Chudenko Corp. | 23,739 | 505,184 |
CKD Corp. | 36,056 | 467,598 |
Security | Number of Shares | Value ($) |
Daihen Corp. | 70,821 | 470,937 |
Daiho Corp. | 64,517 | 298,698 |
Fuji Machine Manufacturing Co., Ltd. | 61,033 | 816,610 |
Fujitec Co., Ltd. | 53,450 | 615,785 |
Fukuda Corp. | 23,443 | 218,747 |
Fukushima Industries Corp. | 9,427 | 323,965 |
Furukawa Co., Ltd. | 230,105 | 477,136 |
Futaba Corp. | 26,016 | 472,257 |
Giken Ltd. | 11,100 | 195,938 |
Hanwa Co., Ltd. | 125,468 | 903,850 |
Hazama Ando Corp. | 121,572 | 884,476 |
Hibiya Engineering Ltd. | 16,413 | 246,301 |
Hitachi Koki Co., Ltd. | 36,155 | 280,166 |
Hitachi Zosen Corp. | 100,938 | 591,816 |
Hosokawa Micron Corp. | 30,141 | 224,674 |
Inaba Denki Sangyo Co., Ltd. | 17,565 | 619,332 |
Inabata & Co., Ltd. | 36,155 | 475,022 |
Iseki & Co., Ltd. | 132,587 | 305,738 |
Iwatani Corp. | 136,010 | 798,664 |
Jamco Corp. | 5,310 | 116,845 |
Juki Corp. | 18,695 | 224,236 |
Kamei Corp. | 12,863 | 148,881 |
Kanamoto Co., Ltd. | 17,306 | 441,138 |
Kanematsu Corp. | 260,212 | 453,513 |
Katakura Industries Co., Ltd. | 28,502 | 390,777 |
Kato Works Co., Ltd. | 6,269 | 160,920 |
Kitz Corp. | 72,694 | 498,336 |
Komori Corp. | 33,819 | 452,794 |
Kumagai Gumi Co., Ltd. | 231,211 | 636,484 |
Kuroda Electric Co., Ltd. | 26,900 | 561,393 |
Kyowa Exeo Corp. | 57,101 | 795,132 |
Maeda Corp. | 83,885 | 747,494 |
Makino Milling Machine Co., Ltd. | 57,690 | 538,822 |
Meidensha Corp. | 138,209 | 476,817 |
METAWATER Co., Ltd. | 7,633 | 192,522 |
Mie Kotsu Group Holdings, Inc. | 38,267 | 134,072 |
Mirait Holdings Corp. | 42,584 | 424,755 |
Morita Holdings Corp. | 26,124 | 361,909 |
Nachi-Fujikoshi Corp. | 125,617 | 681,499 |
Namura Shipbuilding Co., Ltd. | 37,037 | 248,933 |
Nichias Corp. | 67,990 | 640,492 |
Nichiha Corp. | 18,364 | 517,018 |
Nihon Trim Co., Ltd. | 2,554 | 91,422 |
Nippon Carbon Co., Ltd. (a) | 68,972 | 178,155 |
Nippon Densetsu Kogyo Co., Ltd. | 21,713 | 378,621 |
Nippon Koei Co., Ltd. | 3,720 | 92,331 |
Nippon Sheet Glass Co., Ltd. * | 62,075 | 468,260 |
Nippon Steel & Sumikin Bussan Corp. | 8,664 | 374,793 |
Nippon Thompson Co., Ltd. | 34,013 | 163,856 |
Nishimatsu Construction Co., Ltd. | 185,259 | 966,986 |
Nishio Rent All Co., Ltd. | 10,302 | 299,710 |
Nissin Electric Co., Ltd. | 30,634 | 361,688 |
Nitta Corp. | 12,991 | 351,814 |
Nitto Boseki Co., Ltd. | 108,819 | 479,490 |
Nitto Kogyo Corp. | 20,797 | 292,944 |
Noritz Corp. | 29,910 | 554,171 |
Obara Group, Inc. | 8,331 | 371,185 |
Oiles Corp. | 26,232 | 488,370 |
Okabe Co., Ltd. | 35,079 | 318,230 |
Okumura Corp. | 135,775 | 861,601 |
Penta-Ocean Construction Co., Ltd. | 183,881 | 872,689 |
Raito Kogyo Co., Ltd. | 31,915 | 330,603 |
Ryobi Ltd. | 85,387 | 373,952 |
Sanki Engineering Co., Ltd. | 40,637 | 355,213 |
Sankyo Tateyama, Inc. | 22,204 | 331,815 |
Shibuya Corp. | 8,200 | 209,168 |
Shima Seiki Manufacturing Ltd. | 17,527 | 591,361 |
Shinmaywa Industries Ltd. | 54,604 | 564,659 |
Security | Number of Shares | Value ($) |
SHO-BOND Holdings Co., Ltd. | 15,937 | 692,263 |
Sinfonia Technology Co., Ltd. | 56,683 | 155,532 |
Sintokogio Ltd. | 41,362 | 381,513 |
Sodick Co., Ltd. | 32,235 | 334,782 |
Star Micronics Co., Ltd. | 28,930 | 422,243 |
Sumitomo Mitsui Construction Co., Ltd. | 494,912 | 548,502 |
Taihei Dengyo Kaisha Ltd. | 19,903 | 193,898 |
Taikisha Ltd. | 21,503 | 551,581 |
Takara Standard Co., Ltd. | 28,845 | 475,916 |
Takasago Thermal Engineering Co., Ltd. | 46,480 | 695,840 |
Takeuchi Manufacturing Co., Ltd. | 20,840 | 418,719 |
Takuma Co., Ltd. | 53,679 | 496,082 |
Teikoku Sen-I Co., Ltd. | 16,093 | 248,979 |
Tekken Corp. | 83,059 | 245,721 |
The Nippon Road Co., Ltd. | 36,717 | 158,833 |
Toa Corp. | 13,150 | 233,652 |
TOKAI Holdings Corp. (a) | 79,794 | 589,086 |
Tokyu Construction Co., Ltd. | 54,703 | 404,338 |
Toshiba Machine Co., Ltd. | 88,429 | 380,161 |
Toshiba Plant Systems & Services Corp. | 26,124 | 368,447 |
Totetsu Kogyo Co., Ltd. | 19,898 | 545,090 |
Toyo Engineering Corp. * | 105,000 | 254,324 |
Trusco Nakayama Corp. | 26,000 | 589,087 |
Tsubaki Nakashima Co., Ltd. | 9,600 | 164,483 |
Tsubakimoto Chain Co. | 103,984 | 894,996 |
Tsugami Corp. | 50,284 | 313,250 |
Tsukishima Kikai Co., Ltd. | 30,634 | 344,165 |
Union Tool Co. | 7,633 | 252,080 |
Wakita & Co., Ltd. | 26,124 | 240,494 |
YAMABIKO Corp. | 25,080 | 316,736 |
Yamazen Corp. | 62,477 | 584,090 |
Yokogawa Bridge Holdings Corp. | 18,213 | 228,222 |
Yushin Precision Equipment Co., Ltd. | 5,430 | 139,675 |
46,688,748 | ||
Commercial & Professional Services 0.8% | ||
Aeon Delight Co., Ltd. | 12,891 | 399,801 |
Bell System24 Holdings, Inc. | 26,763 | 222,935 |
Benefit One, Inc. | 12,204 | 348,499 |
Daiseki Co., Ltd. | 30,719 | 656,744 |
Duskin Co., Ltd. | 39,581 | 871,677 |
Itoki Corp. | 28,160 | 182,473 |
Kokuyo Co., Ltd. | 64,823 | 857,470 |
Meitec Corp. | 16,451 | 645,483 |
Mitsubishi Pencil Co., Ltd. | 15,820 | 797,469 |
Nippon Parking Development Co., Ltd. | 136,495 | 184,214 |
Nissha Printing Co., Ltd. (a) | 21,328 | 609,045 |
Nomura Co., Ltd. | 27,520 | 456,269 |
Okamura Corp. | 51,050 | 466,310 |
Outsourcing, Inc. | 7,040 | 238,159 |
Prestige International, Inc. | 16,066 | 132,824 |
Relia, Inc. | 26,124 | 260,575 |
Sato Holdings Corp. | 16,089 | 353,890 |
TechnoPro Holdings, Inc. | 24,148 | 849,286 |
8,533,123 | ||
Consumer Durables & Apparel 1.0% | ||
Alpine Electronics, Inc. | 25,792 | 375,752 |
Chofu Seisakusho Co., Ltd. | 12,991 | 317,562 |
Clarion Co., Ltd. | 59,703 | 229,986 |
Descente Ltd. | 31,239 | 365,760 |
Foster Electric Co., Ltd. | 17,903 | 307,064 |
Fujibo Holdings, Inc. | 8,191 | 238,296 |
Goldwin, Inc. | 5,895 | 321,924 |
Gunze Ltd. | 165,243 | 609,960 |
JVC Kenwood Corp. | 104,169 | 265,345 |
Kurabo Industries Ltd. | 147,212 | 317,094 |
Mars Engineering Corp. | 12,299 | 260,853 |
Mizuno Corp. | 76,812 | 411,916 |
Security | Number of Shares | Value ($) |
Onward Holdings Co., Ltd. | 79,754 | 593,067 |
Pioneer Corp. * | 171,632 | 349,753 |
Sangetsu Corp. | 49,690 | 859,810 |
Sanyo Shokai Ltd. | 769 | 1,217 |
Seiko Holdings Corp. | 87,995 | 378,295 |
Seiren Co., Ltd. | 33,248 | 442,772 |
Starts Corp., Inc. | 17,461 | 376,890 |
Tamron Co., Ltd. | 14,077 | 265,599 |
The Japan Wool Textile Co., Ltd. | 41,868 | 333,791 |
Token Corp. | 5,085 | 366,769 |
Tomy Co., Ltd. | 69,093 | 731,162 |
TSI Holdings Co., Ltd. | 73,117 | 510,385 |
Unitika Ltd. * | 234,747 | 201,419 |
Yondoshi Holdings, Inc. | 11,931 | 271,922 |
Yonex Co., Ltd. | 5,210 | 227,473 |
Zojirushi Corp. (a) | 26,804 | 359,351 |
10,291,187 | ||
Consumer Services 0.9% | ||
Accordia Golf Co., Ltd. | 48,328 | 520,060 |
Atom Corp. | 51,364 | 335,127 |
CHIMNEY Co., Ltd. | 8,337 | 213,781 |
Colowide Co., Ltd. (a) | 40,924 | 676,672 |
Create Restaurants Holdings, Inc. | 27,405 | 239,061 |
Doutor Nichires Holdings Co., Ltd. | 20,429 | 395,488 |
Fuji Kyuko Co., Ltd. | 50,668 | 461,915 |
Fujita Kanko, Inc. | 54,148 | 173,258 |
Hiday Hidaka Corp. | 5,236 | 110,209 |
Ichibanya Co., Ltd. | 10,461 | 345,474 |
Kisoji Co., Ltd. | 23,248 | 511,358 |
Kura Corp. | 3,942 | 163,832 |
Kyoritsu Maintenance Co., Ltd. | 8,345 | 525,082 |
Matsuya Foods Co., Ltd. | 12,893 | 487,442 |
MOS Food Services, Inc. | 19,046 | 571,116 |
Ohsho Food Service Corp. | 7,691 | 287,334 |
Plenus Co., Ltd. | 15,673 | 341,238 |
Round One Corp. | 24,238 | 182,622 |
Royal Holdings Co., Ltd. | 18,213 | 330,613 |
Saizeriya Co., Ltd. | 16,733 | 396,172 |
St Marc Holdings Co., Ltd. | 10,139 | 312,638 |
Tokyo Dome Corp. | 70,744 | 710,696 |
Tokyotokeiba Co., Ltd. | 95,627 | 227,348 |
Toridoll Holdings corp. | 10,409 | 216,860 |
Tosho Co., Ltd. | 6,150 | 269,064 |
Yoshinoya Holdings Co., Ltd. (a) | 45,184 | 664,726 |
9,669,186 | ||
Diversified Financials 0.5% | ||
Financial Products Group Co., Ltd. | 42,944 | 421,437 |
Fuyo General Lease Co., Ltd. | 14,321 | 687,347 |
IBJ Leasing Co., Ltd. | 24,742 | 558,815 |
Ichiyoshi Securities Co., Ltd. | 26,864 | 211,771 |
J Trust Co., Ltd. | 53,644 | 630,965 |
Jaccs Co., Ltd. | 81,345 | 361,340 |
Japan Securities Finance Co., Ltd. | 83,885 | 480,585 |
kabu.com Securities Co., Ltd. | 127,620 | 438,004 |
Kyokuto Securities Co., Ltd. | 19,195 | 286,677 |
Marusan Securities Co., Ltd. | 39,577 | 340,995 |
Monex Group, Inc. | 137,555 | 362,682 |
Okasan Securities Group, Inc. | 91,644 | 609,404 |
Ricoh Leasing Co., Ltd. | 8,011 | 264,205 |
5,654,227 | ||
Energy 0.2% | ||
Itochu Enex Co., Ltd. | 48,179 | 407,359 |
Modec, Inc. | 15,775 | 340,921 |
Nippon Gas Co., Ltd. | 27,936 | 831,451 |
San-Ai Oil Co., Ltd. | 46,764 | 399,574 |
Security | Number of Shares | Value ($) |
Shinko Plantech Co., Ltd. | 35,441 | 293,956 |
Toyo Kanetsu KK | 53,314 | 149,147 |
2,422,408 | ||
Food & Staples Retailing 0.6% | ||
Arcs Co., Ltd. | 31,243 | 707,599 |
Axial Retailing, Inc. | 12,299 | 496,313 |
Belc Co., Ltd. | 6,245 | 253,406 |
Cawachi Ltd. | 5,000 | 134,290 |
Cocokara fine, Inc. | 12,357 | 524,056 |
Create SD Holdings Co., Ltd. | 12,983 | 299,844 |
Heiwado Co., Ltd. | 20,824 | 501,592 |
Kato Sangyo Co., Ltd. | 12,991 | 345,428 |
Life Corp. | 11,859 | 350,836 |
San-A Co., Ltd. | 12,183 | 560,776 |
Sogo Medical Co., Ltd. | 3,600 | 126,451 |
Toho Co., Ltd. | 5,581 | 129,343 |
United Super Markets Holdings, Inc. | 51,971 | 471,007 |
Valor Holdings Co., Ltd. | 25,038 | 623,684 |
Yaoko Co., Ltd. | 13,977 | 570,898 |
Yokohama Reito Co., Ltd. | 43,280 | 411,196 |
6,506,719 | ||
Food, Beverage & Tobacco 1.0% | ||
DyDo Group Holdings, Inc. | 6,074 | 308,898 |
Fuji Oil Holdings, Inc. | 32,193 | 728,540 |
Fujicco Co., Ltd. | 15,008 | 326,357 |
Hokuto Corp. | 13,947 | 270,875 |
Kameda Seika Co., Ltd. | 10,302 | 462,225 |
Kenko Mayonnaise Co., Ltd. | 7,002 | 170,849 |
Key Coffee, Inc. | 17,358 | 340,380 |
Kotobuki Spirits Co., Ltd. | 13,707 | 328,571 |
Marudai Food Co., Ltd. | 78,734 | 345,519 |
Maruha Nichiro Corp. | 24,928 | 749,723 |
Morinaga & Co., Ltd. | 26,212 | 1,185,438 |
Morinaga Milk Industry Co., Ltd. | 136,377 | 1,058,008 |
Nippon Flour Mills Co., Ltd. | 31,385 | 477,430 |
Nippon Suisan Kaisha Ltd. | 155,089 | 787,331 |
Prima Meat Packers Ltd. | 91,360 | 369,898 |
Rock Field Co., Ltd. | 16,723 | 258,277 |
Rokko Butter Co., Ltd. | 7,364 | 161,385 |
S Foods, Inc. (a) | 11,273 | 320,402 |
Sakata Seed Corp. | 23,992 | 678,685 |
Showa Sangyo Co., Ltd. | 78,734 | 429,964 |
The Nisshin Oillio Group Ltd. | 78,734 | 411,667 |
Warabeya Nichiyo Holdings Co., Ltd. | 10,731 | 241,312 |
10,411,734 | ||
Health Care Equipment & Services 0.6% | ||
A/S One Corp. | 8,144 | 365,401 |
BML, Inc. | 15,402 | 337,403 |
Eiken Chemical Co., Ltd. | 9,811 | 268,326 |
Hogy Medical Co., Ltd. | 7,275 | 431,747 |
Jeol Ltd. | 52,517 | 247,835 |
Mani, Inc. | 15,355 | 355,724 |
Menicon Co., Ltd. | 5,971 | 191,589 |
Nagaileben Co., Ltd. | 19,901 | 427,422 |
NichiiGakkan Co., Ltd. | 36,155 | 282,751 |
Nikkiso Co., Ltd. | 41,699 | 458,415 |
Paramount Bed Holdings Co., Ltd. | 13,319 | 504,142 |
Ship Healthcare Holdings, Inc. | 26,124 | 738,995 |
Toho Holdings Co., Ltd. | 35,015 | 759,542 |
Tokai Corp. | 9,562 | 344,842 |
Tsukui Corp. | 37,634 | 231,418 |
Vital KSK Holdings, Inc. | 25,424 | 235,868 |
6,181,420 | ||
Household & Personal Products 0.3% | ||
Ci:z Holdings Co., Ltd. | 15,381 | 452,968 |
Earth Chemical Co., Ltd. | 9,866 | 470,880 |
Security | Number of Shares | Value ($) |
euglena Co., Ltd. *(a) | 38,269 | 414,209 |
Fancl Corp. | 25,786 | 381,887 |
Mandom Corp. | 12,643 | 597,770 |
Milbon Co., Ltd. | 8,502 | 420,218 |
Noevir Holdings Co., Ltd. | 10,302 | 411,122 |
3,149,054 | ||
Insurance 0.0% | ||
Anicom Holdings, Inc. | 11,340 | 224,195 |
Materials 2.3% | ||
ADEKA Corp. | 75,668 | 1,063,146 |
Aichi Steel Corp. | 9,147 | 402,228 |
Asahi Holdings, Inc. | 26,882 | 467,074 |
Chugoku Marine Paints Ltd. | 48,495 | 366,687 |
Dai Nippon Toryo Co., Ltd. | 83,737 | 169,891 |
Daiken Corp. | 9,161 | 175,712 |
Dainichiseika Color & Chemicals Manufacturing Co., Ltd. | 58,927 | 371,832 |
Daio Paper Corp. (a) | 47,408 | 589,819 |
Fuji Seal International, Inc. | 25,336 | 510,864 |
Fujimi, Inc. | 14,555 | 323,661 |
Fujimori Kogyo Co., Ltd. | 8,331 | 232,689 |
Fuso Chemical Co., Ltd. | 12,656 | 354,619 |
Godo Steel Ltd. | 8,017 | 134,853 |
Hokuetsu Kishu Paper Co., Ltd. | 93,510 | 645,214 |
Ihara Chemical Industry Co., Ltd. | 24,752 | 244,456 |
Ishihara Sangyo Kaisha Ltd. * | 28,942 | 286,096 |
JSP Corp. | 5,536 | 128,943 |
Kanto Denka Kogyo Co., Ltd. | 24,438 | 233,273 |
Konishi Co., Ltd. | 9,121 | 108,179 |
Kumiai Chemical Industry Co., Ltd. | 33,098 | 207,667 |
Kureha Corp. | 9,716 | 411,618 |
Kyoei Steel Ltd. | 17,479 | 329,630 |
Mitsui Mining & Smelting Co., Ltd. | 340,573 | 1,129,308 |
Neturen Co., Ltd. | 12,541 | 101,216 |
Nihon Nohyaku Co., Ltd. | 40,597 | 252,904 |
Nihon Parkerizing Co., Ltd. | 71,350 | 865,370 |
Nippon Light Metal Holdings Co., Ltd. | 368,753 | 909,647 |
Nippon Soda Co., Ltd. | 86,645 | 507,239 |
Nippon Yakin Kogyo Co., Ltd. | 70,584 | 141,944 |
NOF Corp. | 91,903 | 1,002,937 |
Okamoto Industries, Inc. | 45,247 | 413,303 |
OSAKA Titanium Technologies Co., Ltd. * | 13,195 | 213,578 |
Pacific Metals Co., Ltd. * | 83,885 | 306,645 |
Riken Technos Corp. | 40,359 | 192,984 |
Sakata INX Corp. | 32,981 | 463,682 |
Sanyo Chemical Industries Ltd. | 10,541 | 440,445 |
Sanyo Special Steel Co., Ltd. | 82,584 | 450,988 |
Sekisui Plastics Co., Ltd. | 16,728 | 122,300 |
Shikoku Chemicals Corp. | 12,219 | 128,541 |
Shin-Etsu Polymer Co., Ltd. | 31,198 | 227,533 |
Stella Chemifa Corp. | 4,042 | 118,314 |
Sumitomo Bakelite Co., Ltd. | 115,310 | 689,479 |
Sumitomo Seika Chemicals Co., Ltd. | 4,674 | 199,685 |
Taiyo Holdings Co., Ltd. | 13,324 | 574,593 |
Takasago International Corp. | 11,419 | 365,375 |
Toagosei Co., Ltd. | 75,943 | 861,346 |
Toho Titanium Co., Ltd. | 22,250 | 187,728 |
Toho Zinc Co., Ltd. | 78,734 | 407,445 |
Tokai Carbon Co., Ltd. | 154,316 | 627,553 |
Tokushu Tokai Paper Co., Ltd. | 2,569 | 99,536 |
Tokuyama Corp. * | 217,017 | 1,043,528 |
Tokyo Ohka Kogyo Co., Ltd. | 23,904 | 781,951 |
Tokyo Rope Manufacturing Co., Ltd. | 9,716 | 154,747 |
Tokyo Steel Manufacturing Co., Ltd. | 62,167 | 540,075 |
Topy Industries Ltd. | 13,372 | 377,072 |
Toyo Ink SC Holdings Co., Ltd. | 119,074 | 594,918 |
UACJ Corp. | 151,635 | 418,780 |
Security | Number of Shares | Value ($) |
W-Scope Corp. | 15,053 | 251,052 |
Yodogawa Steel Works Ltd. | 18,179 | 542,681 |
24,464,573 | ||
Media 0.2% | ||
Asatsu-DK, Inc. | 19,068 | 504,799 |
Avex Group Holdings, Inc. | 21,884 | 321,360 |
Kadokawa Dwango * | 32,726 | 488,470 |
Next Co., Ltd. | 34,390 | 226,531 |
Toei Co., Ltd. | 41,868 | 374,954 |
Tv Tokyo Holdings Corp. | 12,531 | 288,957 |
Zenrin Co., Ltd. | 11,153 | 225,881 |
2,430,952 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.3% | ||
ASKA Pharmaceutical Co., Ltd. | 14,341 | 220,719 |
EPS Holdings, Inc. | 22,950 | 318,553 |
JCR Pharmaceuticals Co., Ltd. | 8,751 | 214,542 |
Nichi-iko Pharmaceutical Co., Ltd. | 27,786 | 420,944 |
Seikagaku Corp. | 29,214 | 465,554 |
Takara Bio, Inc. | 20,218 | 284,608 |
Torii Pharmaceutical Co., Ltd. | 9,121 | 239,835 |
Towa Pharmaceutical Co., Ltd. | 5,460 | 261,081 |
ZERIA Pharmaceutical Co., Ltd. | 28,244 | 442,019 |
2,867,855 | ||
Real Estate 0.3% | ||
Daibiru Corp. | 41,868 | 382,812 |
Heiwa Real Estate Co., Ltd. | 28,591 | 404,518 |
Keihanshin Building Co., Ltd. | 58,175 | 339,530 |
Kenedix, Inc. | 162,555 | 642,171 |
Open House Co., Ltd. | 12,117 | 288,833 |
Takara Leben Co., Ltd. | 56,147 | 298,587 |
TOC Co., Ltd. | 45,452 | 374,146 |
Unizo Holdings Co., Ltd. | 9,940 | 261,549 |
2,992,146 | ||
Retailing 0.8% | ||
AOKI Holdings, Inc. | 29,115 | 359,628 |
Arata Corp. | 8,313 | 215,840 |
Arcland Sakamoto Co., Ltd. | 27,505 | 361,374 |
Belluna Co., Ltd. | 45,943 | 347,801 |
Chiyoda Co., Ltd. | 18,637 | 462,739 |
DCM Holdings Co., Ltd. | 67,482 | 602,534 |
Doshisha Co., Ltd. | 15,377 | 285,179 |
EDION Corp. (a) | 55,363 | 506,696 |
Fuji Co., Ltd. | 14,779 | 316,754 |
Geo Holdings Corp. | 20,617 | 249,870 |
IDOM, Inc. | 35,732 | 233,774 |
Jin Co., Ltd. | 7,676 | 411,637 |
Joshin Denki Co., Ltd. | 12,219 | 121,988 |
Joyful Honda Co., Ltd. | 17,214 | 544,645 |
Kohnan Shoji Co., Ltd. | 9,021 | 172,704 |
Matsuya Co., Ltd. | 31,303 | 286,493 |
Nishimatsuya Chain Co., Ltd. | 37,777 | 425,090 |
PAL GROUP Holdings Co., Ltd. | 8,184 | 200,129 |
PALTAC Corp. | 20,760 | 590,042 |
Sanyo Electric Railway Co., Ltd. | 30,634 | 164,827 |
T-Gaia Corp. | 11,797 | 202,442 |
United Arrows Ltd. | 17,651 | 557,682 |
VT Holdings Co., Ltd. | 44,463 | 209,032 |
Xebio Holdings Co., Ltd. | 20,313 | 336,780 |
Yellow Hat Ltd. | 13,628 | 348,115 |
8,513,795 | ||
Semiconductors & Semiconductor Equipment 0.3% | ||
Japan Material Co., Ltd. | 7,913 | 113,866 |
Megachips Corp. | 8,775 | 205,562 |
Micronics Japan Co., Ltd. | 13,940 | 115,746 |
Sanken Electric Co., Ltd. * | 76,194 | 337,096 |
Security | Number of Shares | Value ($) |
Shindengen Electric Manufacturing Co., Ltd. | 49,850 | 210,744 |
Shinko Electric Industries Co., Ltd. | 18,686 | 133,609 |
Tokyo Seimitsu Co., Ltd. | 22,684 | 741,029 |
Ulvac, Inc. | 31,044 | 1,376,219 |
3,233,871 | ||
Software & Services 0.6% | ||
Dip Corp. | 12,631 | 264,846 |
DTS Corp. | 12,199 | 282,283 |
F@N Communications, Inc. | 21,464 | 150,978 |
Fuji Soft, Inc. | 15,111 | 385,321 |
GMO internet, Inc. | 37,818 | 493,491 |
Gurunavi, Inc. | 17,414 | 346,770 |
Ines Corp. | 18,584 | 185,201 |
Infomart Corp. (a) | 55,088 | 293,448 |
Internet Initiative Japan, Inc. | 19,593 | 357,414 |
Istyle, Inc. (a) | 15,317 | 131,013 |
KLab, Inc. * | 21,542 | 161,924 |
Marvelous, Inc. (a) | 20,084 | 168,017 |
Miroku Jyoho Service Co., Ltd. | 9,146 | 139,620 |
MTI Ltd. | 14,773 | 89,918 |
NEC Networks & System Integration Corp. | 15,673 | 299,634 |
NET One Systems Co., Ltd. | 71,877 | 552,480 |
Nihon Unisys Ltd. | 37,165 | 497,925 |
NSD Co., Ltd. | 23,951 | 361,347 |
SMS Co., Ltd. | 15,659 | 348,071 |
Systena Corp. | 6,478 | 95,012 |
TKC Corp. | 11,344 | 332,052 |
Transcosmos, Inc. | 16,282 | 383,602 |
6,320,367 | ||
Technology Hardware & Equipment 1.2% | ||
Ai Holdings Corp. | 22,582 | 476,728 |
Amano Corp. | 49,283 | 997,245 |
Anritsu Corp. | 91,012 | 703,628 |
Canon Electronics, Inc. | 23,966 | 381,708 |
CMK Corp. * | 22,950 | 131,072 |
CONEXIO Corp. | 7,311 | 107,491 |
Daiwabo Holdings Co., Ltd. | 110,229 | 298,515 |
Denki Kogyo Co., Ltd. | 52,390 | 261,751 |
Dexerials Corp. | 28,029 | 318,656 |
Eizo Corp. | 12,493 | 366,242 |
Elecom Co., Ltd. | 12,219 | 227,813 |
Enplas Corp. | 6,460 | 193,133 |
ESPEC Corp. | 7,633 | 96,397 |
Hitachi Kokusai Electric, Inc. | 34,035 | 782,089 |
Hitachi Maxell Ltd. | 23,296 | 456,821 |
Hosiden Corp. | 36,619 | 323,037 |
Koa Corp. | 26,124 | 340,195 |
Macnica Fuji Electronics Holdings, Inc. | 15,317 | 217,123 |
Maruwa Co., Ltd. | 4,870 | 159,091 |
Nichicon Corp. | 48,993 | 473,356 |
Nippon Chemi-Con Corp. | 109,062 | 332,396 |
Nippon Signal Co., Ltd. | 45,780 | 436,175 |
Nohmi Bosai Ltd. | 15,673 | 210,542 |
Oki Electric Industry Co., Ltd. | 53,366 | 762,201 |
Optex Group Co., Ltd. | 9,121 | 243,830 |
Osaki Electric Co., Ltd. | 23,699 | 230,667 |
Riso Kagaku Corp. | 20,333 | 367,279 |
Ryosan Co., Ltd. | 19,756 | 632,135 |
Siix Corp. | 10,498 | 400,648 |
SMK Corp. | 52,390 | 206,029 |
Tamura Corp. | 52,390 | 212,117 |
Toshiba TEC Corp. * | 61,339 | 327,295 |
Toyo Corp. | 30,599 | 273,213 |
UKC Holdings Corp. | 9,121 | 178,124 |
Security | Number of Shares | Value ($) |
V Technology Co., Ltd. | 2,226 | 318,128 |
Wacom Co., Ltd. | 89,113 | 336,110 |
12,778,980 | ||
Transportation 0.5% | ||
Hamakyorex Co., Ltd. | 13,381 | 283,801 |
Iino Kaiun Kaisha Ltd. | 89,521 | 422,461 |
Kintetsu World Express, Inc. | 20,633 | 317,559 |
Konoike Transport Co., Ltd. | 20,641 | 263,074 |
Maruzen Showa Unyu Co., Ltd. | 81,345 | 323,533 |
Mitsui-Soko Holdings Co., Ltd. | 62,841 | 190,402 |
Nippon Holdings Co., Ltd. | 39,021 | 865,622 |
Nissin Corp. | 81,352 | 274,845 |
Sakai Moving Service Co., Ltd. | 5,752 | 158,600 |
Sankyu, Inc. | 149,688 | 961,931 |
Senko Co., Ltd. | 72,719 | 477,059 |
The Sumitomo Warehouse Co., Ltd. | 83,885 | 485,834 |
Trancom Co., Ltd. | 5,080 | 270,152 |
5,294,873 | ||
Utilities 0.1% | ||
Saibu Gas Co., Ltd. | 239,106 | 564,186 |
Shizuoka Gas Co., Ltd. | 40,637 | 258,601 |
The Okinawa Electric Power Co., Inc. | 20,905 | 484,486 |
1,307,273 | ||
206,810,060 | ||
Netherlands 2.4% | ||
Capital Goods 0.7% | ||
Aalberts Industries N.V. | 62,437 | 2,160,211 |
Arcadis N.V. | 42,924 | 583,821 |
IMCD Group N.V. | 29,912 | 1,423,310 |
Koninklijke BAM Groep N.V. | 134,997 | 707,198 |
Philips Lighting N.V. * | 40,172 | 1,115,832 |
TKH Group N.V. | 28,972 | 1,185,247 |
7,175,619 | ||
Commercial & Professional Services 0.0% | ||
Brunel International N.V. | 12,279 | 196,106 |
Consumer Durables & Apparel 0.1% | ||
Accell Group | 15,317 | 357,011 |
TomTom N.V. * | 75,168 | 653,924 |
1,010,935 | ||
Diversified Financials 0.1% | ||
BinckBank N.V. | 23,562 | 132,596 |
Flow Traders | 18,364 | 637,606 |
770,202 | ||
Energy 0.2% | ||
Fugro N.V. CVA * | 38,898 | 621,442 |
SBM Offshore N.V. | 114,084 | 1,759,590 |
2,381,032 | ||
Food, Beverage & Tobacco 0.1% | ||
Refresco Group N.V. | 35,715 | 521,633 |
Wessanen | 34,844 | 465,592 |
987,225 | ||
Insurance 0.3% | ||
ASR Nederland N.V. * | 39,980 | 1,070,565 |
Delta Lloyd N.V. | 274,596 | 1,563,971 |
2,634,536 | ||
Materials 0.2% | ||
APERAM S.A. | 29,914 | 1,526,075 |
Corbion N.V. | 36,412 | 940,201 |
2,466,276 |
Security | Number of Shares | Value ($) |
Pharmaceuticals, Biotechnology & Life Sciences 0.1% | ||
Galapagos N.V. * | 22,180 | 1,570,603 |
Real Estate 0.3% | ||
Eurocommercial Properties N.V. | 29,940 | 1,063,232 |
NSI N.V. | 90,106 | 365,465 |
Vastned Retail N.V. | 11,774 | 420,371 |
Wereldhave N.V. | 25,400 | 1,112,799 |
2,961,867 | ||
Semiconductors & Semiconductor Equipment 0.2% | ||
ASM International N.V. | 30,634 | 1,561,830 |
BE Semiconductor Industries N.V. | 14,113 | 541,148 |
2,102,978 | ||
Transportation 0.1% | ||
PostNL N.V. * | 252,244 | 1,103,766 |
25,361,145 | ||
New Zealand 0.9% | ||
Energy 0.1% | ||
Z Energy Ltd. | 225,864 | 1,177,798 |
Food, Beverage & Tobacco 0.1% | ||
a2 Milk Co., Ltd. * | 437,704 | 747,104 |
Health Care Equipment & Services 0.1% | ||
EBOS Group Ltd. | 51,621 | 690,695 |
Metlifecare Ltd. | 85,575 | 373,828 |
Summerset Group Holdings Ltd. | 110,234 | 413,782 |
1,478,305 | ||
Real Estate 0.2% | ||
Argosy Property Ltd. | 621,109 | 449,217 |
Goodman Property Trust | 634,977 | 576,355 |
Precinct Properties New Zealand Ltd. | 444,108 | 390,259 |
Vital Healthcare Property Trust | 104,162 | 156,697 |
1,572,528 | ||
Retailing 0.1% | ||
Kathmandu Holdings Ltd. | 103,259 | 149,364 |
Trade Me Group Ltd. | 248,303 | 932,047 |
1,081,411 | ||
Telecommunication Services 0.1% | ||
Chorus Ltd. | 259,871 | 778,120 |
Transportation 0.1% | ||
Freightways Ltd. | 123,224 | 623,852 |
Mainfreight Ltd. | 49,188 | 761,310 |
1,385,162 | ||
Utilities 0.1% | ||
Genesis Energy Ltd. | 372,552 | 564,494 |
Infratil Ltd. | 306,939 | 640,451 |
1,204,945 | ||
9,425,373 | ||
Norway 1.8% | ||
Banks 0.1% | ||
SpareBank 1 SMN | 76,997 | 663,342 |
SpareBank 1 SR-Bank A.S.A. | 75,909 | 617,638 |
1,280,980 | ||
Capital Goods 0.1% | ||
Kongsberg Gruppen A.S.A. | 31,517 | 537,392 |
Veidekke A.S.A. | 42,998 | 617,392 |
1,154,784 | ||
Commercial & Professional Services 0.1% | ||
Tomra Systems A.S.A. | 92,044 | 1,032,519 |
Security | Number of Shares | Value ($) |
Diversified Financials 0.1% | ||
Aker A.S.A., A Shares | 14,590 | 618,002 |
Energy 0.6% | ||
Aker BP A.S.A. | 61,848 | 1,091,564 |
Aker Solutions A.S.A. * | 92,748 | 538,575 |
BW LPG Ltd. | 36,899 | 180,801 |
DNO A.S.A. *(a) | 423,412 | 406,067 |
Hoegh LNG Holdings Ltd. | 22,238 | 242,806 |
Ocean Yield A.S.A. | 26,071 | 187,172 |
Petroleum Geo-Services A.S.A. *(a) | 146,091 | 411,667 |
Seadrill Ltd. *(a) | 195,181 | 336,303 |
Subsea 7 S.A. * | 170,607 | 2,419,060 |
TGS Nopec Geophysical Co. A.S.A. | 61,381 | 1,351,398 |
7,165,413 | ||
Food, Beverage & Tobacco 0.2% | ||
Austevoll Seafood A.S.A. | 48,020 | 425,192 |
Bakkafrost P/F | 20,656 | 771,633 |
Leroy Seafood Group A.S.A. | 15,773 | 835,328 |
Salmar A.S.A. | 31,884 | 808,416 |
2,840,569 | ||
Insurance 0.2% | ||
Storebrand A.S.A. * | 288,314 | 1,952,601 |
Real Estate 0.1% | ||
Entra A.S.A. | 49,206 | 562,280 |
Norwegian Property A.S.A. | 204,412 | 255,596 |
817,876 | ||
Retailing 0.1% | ||
XXL A.S.A. | 63,776 | 713,510 |
Semiconductors & Semiconductor Equipment 0.1% | ||
Nordic Semiconductor A.S.A. *(a) | 93,490 | 356,851 |
REC Silicon A.S.A. *(a) | 1,311,099 | 192,649 |
549,500 | ||
Software & Services 0.1% | ||
Atea A.S.A. * | 60,223 | 652,142 |
Opera Software A.S.A. * | 48,596 | 210,495 |
862,637 | ||
Transportation 0.0% | ||
Norwegian Air Shuttle A.S.A. *(a) | 6,920 | 217,519 |
Wilh Wilhelmsen A.S.A. * | 46,022 | 225,778 |
443,297 | ||
19,431,688 | ||
Portugal 0.4% | ||
Banks 0.1% | ||
Banco BPI S.A. - Reg'd * | 217,981 | 236,491 |
Banco Comercial Portugues S.A. * | 4,381,204 | 701,579 |
938,070 | ||
Food & Staples Retailing 0.1% | ||
Sonae, SGPS, S.A. * | 604,125 | 532,171 |
Materials 0.1% | ||
Altri, SGPS, S.A. | 52,074 | 238,157 |
Semapa-Sociedade de Investimento e Gestao | 26,419 | 388,808 |
The Navigator Co. S.A. | 174,778 | 662,460 |
1,289,425 | ||
Media 0.1% | ||
NOS, SGPS S.A. | 124,489 | 739,456 |
Transportation 0.0% | ||
CTT-Correios de Portugal S.A. | 87,028 | 468,668 |
Security | Number of Shares | Value ($) |
Utilities 0.0% | ||
REN - Redes Energeticas Nacionais, SGPS, S.A. | 113,354 | 316,422 |
4,284,212 | ||
Republic of Korea 4.8% | ||
Automobiles & Components 0.2% | ||
Halla Holdings Corp. | 7,194 | 402,088 |
Hanil E-Hwa Co., Ltd. | 5,000 | 68,981 |
Kumho Tire Co., Inc. * | 120,000 | 861,729 |
Nexen Tire Corp. | 22,444 | 279,868 |
S&T Motiv Co., Ltd. | 4,906 | 208,258 |
SL Corp. | 11,300 | 247,835 |
Ssangyong Motor Co. * | 23,000 | 162,114 |
Sungwoo Hitech Co., Ltd. | 18,057 | 123,121 |
2,353,994 | ||
Banks 0.0% | ||
JB Financial Group Co., Ltd. | 76,294 | 383,241 |
Capital Goods 0.3% | ||
Byucksan Corp. | 36,500 | 144,451 |
Dawonsys Co., Ltd. | 9,000 | 83,573 |
Hanjin Heavy Industries & Construction Co., Ltd. * | 27,262 | 76,307 |
Hyundai Elevator Co., Ltd. * | 6,111 | 306,428 |
Hyundai Rotem Co., Ltd. * | 13,000 | 236,834 |
iMarketKorea, Inc. | 10,000 | 104,798 |
IS Dongseo Co., Ltd. * | 7,300 | 275,667 |
Kolon Corp. | 2,917 | 145,237 |
Korea Electric Terminal Co., Ltd. | 3,100 | 194,649 |
Kumho Industrial Co., Ltd. * | 11,075 | 90,598 |
LG International Corp. | 15,000 | 432,456 |
LIG Nex1 Co., Ltd. | 6,317 | 415,081 |
LS Industrial Systems Co., Ltd. | 7,971 | 305,235 |
S&T Dynamics Co., Ltd. * | 15,720 | 133,184 |
2,944,498 | ||
Consumer Durables & Apparel 0.2% | ||
Cuckoo Electronics Co., Ltd. * | 682 | 85,043 |
Fila Korea Ltd. | 4,900 | 324,572 |
Handsome Co., Ltd. | 8,300 | 221,676 |
Hansae Co., Ltd. | 7,000 | 161,265 |
HLB, Inc. * | 18,168 | 239,401 |
Hyundai Livart Furniture Co., Ltd. | 8,000 | 203,759 |
LF Corp. | 11,858 | 221,272 |
Youngone Corp. | 20,400 | 579,120 |
Youngone Holdings Co., Ltd. | 2,300 | 115,127 |
2,151,235 | ||
Consumer Services 0.1% | ||
Daekyo Co., Ltd. | 20,000 | 143,975 |
Emerson Pacific, Inc. * | 6,996 | 194,583 |
Grand Korea Leisure Co., Ltd. | 18,871 | 356,309 |
Hana Tour Service, Inc. | 5,314 | 394,761 |
Modetour Network, Inc. | 6,000 | 185,717 |
1,275,345 | ||
Diversified Financials 0.2% | ||
Daishin Securities Co., Ltd. | 26,463 | 267,965 |
Hankook Tire Worldwide Co., Ltd. | 10,435 | 189,182 |
KIWOOM Securities Co., Ltd. * | 7,000 | 477,294 |
Meritz Financial Group, Inc. | 20,400 | 211,983 |
Meritz Securities Co., Ltd. | 176,000 | 568,897 |
NICE Holdings Co., Ltd. * | 8,972 | 142,425 |
NICE Information Service Co., Ltd. | 26,314 | 163,132 |
SK Securities Co., Ltd. * | 100,000 | 106,566 |
Yuanta Securities Korea Co., Ltd. * | 41,845 | 122,861 |
2,250,305 |
Security | Number of Shares | Value ($) |
Energy 0.1% | ||
Hankook Shell Oil Co., Ltd. | 450 | 162,171 |
SK Gas Ltd. | 3,755 | 350,345 |
512,516 | ||
Food & Staples Retailing 0.1% | ||
CJ Freshway Corp. | 2,500 | 70,860 |
Hyundai Greenfood Co., Ltd. | 47,000 | 702,454 |
773,314 | ||
Food, Beverage & Tobacco 0.2% | ||
Binggrae Co., Ltd. | 3,060 | 179,960 |
Crown Confectionery Co., Ltd. (c) | 3,590 | 105,406 |
Daesang Corp. * | 14,535 | 317,501 |
Dongwon F&B Co., Ltd. | 560 | 106,973 |
Dongwon Industries Co., Ltd. | 900 | 287,332 |
Lotte Food Co., Ltd. | 400 | 225,337 |
Maeil Dairy Industry Co., Ltd. | 4,000 | 144,683 |
Muhak Co., Ltd. | 7,847 | 162,388 |
Namyang Dairy Products Co., Ltd. * | 297 | 201,984 |
Samyang Corp. | 1,891 | 163,722 |
Samyang Holdings Corp. | 3,210 | 319,368 |
SPC SAMLIP | 1,610 | 306,124 |
2,520,778 | ||
Health Care Equipment & Services 0.2% | ||
Cellumed Co., Ltd. * | 82,864 | 83,542 |
Chabiotech Co., Ltd. * | 20,147 | 232,517 |
DIO Corp. * | 6,246 | 159,913 |
i-SENS, Inc. | 5,000 | 127,570 |
InBody Co., Ltd. | 7,059 | 147,953 |
Lutronic Corp. | 5,547 | 144,715 |
Medipost Co., Ltd. * | 3,401 | 173,847 |
Osstem Implant Co., Ltd. * | 9,710 | 494,624 |
Vieworks Co., Ltd. | 4,757 | 264,617 |
1,829,298 | ||
Household & Personal Products 0.2% | ||
Able C&C Co., Ltd. | 5,000 | 97,723 |
Cosmax, Inc. | 2,816 | 357,370 |
It's Skin Co., Ltd. | 3,844 | 161,137 |
Korea Kolmar Co., Ltd. * | 8,364 | 567,339 |
Korea Kolmar Holdings Co., Ltd. * | 4,854 | 120,196 |
Leader Cosmetics Co., Ltd. * | 6,565 | 99,571 |
NUTRIBIOTECH Co., Ltd. * | 4,712 | 120,847 |
1,524,183 | ||
Insurance 0.2% | ||
Hanwha General Insurance Co., Ltd. | 32,016 | 191,119 |
KB Insurance Co., Ltd. | 18,300 | 426,447 |
Korean Reinsurance Co. | 53,000 | 524,961 |
Meritz Fire & Marine Insurance Co., Ltd. | 32,092 | 437,070 |
Mirae Asset Life Insurance Co., Ltd. | 55,000 | 299,624 |
Tongyang Life Insurance Co.,Ltd. * | 15,897 | 148,321 |
2,027,542 | ||
Materials 0.6% | ||
AK Holdings, Inc. | 2,276 | 113,523 |
Dongkuk Steel Mill Co., Ltd. | 44,179 | 492,289 |
Foosung Co., Ltd. * | 28,999 | 172,853 |
Hanil Cement Co., Ltd. | 1,791 | 145,561 |
Hansol Chemical Co., Ltd. | 4,571 | 310,056 |
Hansol Holdings Co., Ltd. * | 15,000 | 87,022 |
Hansol Paper Co., Ltd. | 5,915 | 108,021 |
Huchems Fine Chemical Corp. | 15,000 | 304,444 |
Jenax, Inc. * | 7,538 | 139,327 |
KISWIRE Ltd. | 3,917 | 142,200 |
Kolon Industries, Inc. | 13,122 | 826,254 |
Korea PetroChemical Ind Co., Ltd. | 1,760 | 414,026 |
Lock&Lock Co., Ltd. | 12,300 | 168,605 |
Security | Number of Shares | Value ($) |
Poongsan Corp. | 12,750 | 461,740 |
Seah Besteel Corp. | 5,000 | 115,189 |
SeAH Steel Corp. | 1,000 | 99,049 |
SK Chemicals Co., Ltd. | 12,400 | 709,512 |
SK Materials Co., Ltd. | 3,429 | 516,738 |
Songwon Industrial Co., Ltd. | 8,000 | 120,274 |
Soulbrain Co., Ltd. | 4,228 | 179,477 |
Ssangyong Cement Industrial Co., Ltd. | 14,739 | 186,396 |
Taekwang Industrial Co., Ltd. * | 223 | 189,720 |
Tongyang, Inc. * | 122,189 | 298,786 |
Young Poong Corp. * | 220 | 192,616 |
6,493,678 | ||
Media 0.3% | ||
CJ CGV Co., Ltd. | 7,960 | 525,856 |
CJ E&M Corp. | 13,161 | 909,020 |
CJ Hellovision Co., Ltd. | 12,500 | 97,281 |
Innocean Worldwide, Inc. | 6,000 | 323,679 |
KT Skylife Co., Ltd. | 6,000 | 88,879 |
Loen Entertainment, Inc. | 3,994 | 282,573 |
SM Entertainment Co. * | 8,550 | 183,363 |
Woongjin Thinkbig Co., Ltd. * | 11,018 | 86,916 |
YG Entertainment, Inc. | 4,256 | 101,625 |
2,599,192 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.9% | ||
Amicogen, Inc. * | 4,631 | 172,012 |
ATGen Co., Ltd. * | 4,403 | 126,162 |
Binex Co., Ltd. * | 13,655 | 182,348 |
Bukwang Pharmaceutical Co., Ltd. | 14,542 | 302,222 |
Caregen Co., Ltd. | 2,705 | 165,302 |
Cell Biotech Co., Ltd. | 4,600 | 151,130 |
Chong Kun Dang Pharmaceutical Corp. | 3,736 | 361,788 |
CMG Pharmaceutical Co., Ltd. * | 41,235 | 127,634 |
CrystalGenomics, Inc. * | 11,528 | 161,081 |
Dae Hwa Pharmaceutical Co., Ltd. | 6,272 | 125,079 |
Daewoong Co., Ltd. | 3,279 | 148,182 |
Daewoong Pharmaceutical Co., Ltd. | 3,046 | 223,584 |
Dong-A Socio Holdings Co., Ltd. | 1,700 | 192,439 |
Dong-A ST Co., Ltd. | 2,550 | 213,562 |
DongKook Pharmaceutical Co., Ltd. | 2,000 | 102,941 |
Genexine Co., Ltd. * | 6,466 | 225,302 |
Green Cross Corp. | 4,000 | 535,927 |
Green Cross Holdings Corp. | 19,000 | 446,960 |
Hanall Biopharma Co., Ltd. * | 23,044 | 262,894 |
Hugel, Inc. * | 1,376 | 448,546 |
Huons Co., Ltd. * | 2,332 | 103,324 |
Ilyang Pharmaceutical Co., Ltd. | 6,777 | 240,034 |
iNtRON Biotechnology, Inc. * | 7,200 | 165,554 |
Jeil Pharmaceutical Co. | 2,860 | 175,280 |
JW Holdings Corp. | 22,859 | 161,524 |
JW Pharmaceutical Corp. | 6,477 | 266,641 |
Kolon Life Science, Inc. | 2,970 | 291,550 |
Komipharm International Co., Ltd. * | 19,000 | 545,258 |
Kwang Dong Pharmaceutical Co., Ltd. | 22,200 | 177,679 |
Medy-Tox, Inc. | 2,676 | 973,607 |
Naturalendo Tech Co., Ltd. * | 5,386 | 76,926 |
Peptron, Inc. * | 3,802 | 128,106 |
Pharmicell Co., Ltd. * | 33,984 | 148,469 |
Schnell Biopharmaceuticals, Inc. * | 30,000 | 98,430 |
Seegene, Inc. * | 8,500 | 258,589 |
ST Pharm Co., Ltd. | 4,429 | 170,580 |
ViroMed Co., Ltd. * | 9,000 | 744,196 |
Yungjin Pharmaceutical Co., Ltd. * | 62,339 | 457,585 |
9,858,427 | ||
Real Estate 0.0% | ||
Korea Real Estate Investment & Trust Co., Ltd. | 115,926 | 324,480 |
Security | Number of Shares | Value ($) |
Retailing 0.2% | ||
CJ O Shopping Co., Ltd. | 1,806 | 309,691 |
GS Home Shopping, Inc. | 1,935 | 369,117 |
Hyundai Home Shopping Network Corp. | 4,402 | 445,748 |
Interpark Holdings Corp. | 32,914 | 139,137 |
LOTTE Himart Co., Ltd. | 8,000 | 341,720 |
NS Shopping Co., Ltd. | 1,251 | 182,547 |
Seobu T&D | 12,384 | 188,375 |
1,976,335 | ||
Semiconductors & Semiconductor Equipment 0.3% | ||
Advanced Process Systems Corp. *(c) | 15,000 | 369,445 |
Dongbu HiTek Co., Ltd. * | 18,653 | 310,127 |
Eo Technics Co., Ltd. | 5,340 | 393,387 |
GemVax & Kael Co., Ltd. * | 17,326 | 188,468 |
Hansol Technics Co., Ltd. * | 16,471 | 249,814 |
Jusung Engineering Co., Ltd. * | 22,271 | 210,745 |
Koh Young Technology, Inc. | 8,228 | 367,468 |
LEENO Industrial, Inc. | 3,922 | 144,289 |
Seoul Semiconductor Co., Ltd. | 28,080 | 417,196 |
Silicon Works Co., Ltd. | 6,814 | 185,603 |
Toptec Co., Ltd. | 9,431 | 187,244 |
Wonik Holdings Co., Ltd. * | 22,280 | 110,144 |
WONIK IPS Co., Ltd. * | 21,989 | 435,599 |
3,569,529 | ||
Software & Services 0.2% | ||
Ahnlab, Inc. | 2,877 | 165,127 |
Com2uSCorp | 7,679 | 743,622 |
Daou Technology, Inc. | 16,600 | 270,121 |
DoubleUGames Co., Ltd. | 7,247 | 266,936 |
DuzonBizon Co., Ltd. | 10,321 | 209,934 |
Gamevil, Inc. * | 2,324 | 119,206 |
GOLFZON Co., Ltd. * | 2,000 | 119,390 |
Hancom, Inc. | 8,000 | 116,383 |
Posco ICT Co., Ltd. | 42,300 | 231,186 |
Ssangyong Information & Communication * | 4,122 | 7,892 |
Webzen, Inc. * | 8,000 | 145,744 |
WeMade Entertainment Co., Ltd. | 3,862 | 98,194 |
2,493,735 | ||
Technology Hardware & Equipment 0.2% | ||
Daeduck Electronics Co. | 20,000 | 147,336 |
Humax Co., Ltd. | 8,338 | 88,855 |
LG Innotek Co., Ltd. | 10,000 | 1,061,243 |
Partron Co., Ltd. | 25,200 | 247,376 |
SFA Engineering Corp. | 5,581 | 320,324 |
1,865,134 | ||
Transportation 0.1% | ||
Asiana Airlines, Inc. * | 53,700 | 219,169 |
Hanjin Kal Corp. * | 26,254 | 392,388 |
Hanjin Transportation Co., Ltd. | 6,586 | 157,260 |
Pan Ocean Co., Ltd. * | 147,531 | 674,539 |
1,443,356 | ||
Utilities 0.0% | ||
Samchully Co., Ltd. * | 2,200 | 189,113 |
51,359,228 | ||
Singapore 1.7% | ||
Capital Goods 0.1% | ||
Sarine Technologies Ltd. | 183,203 | 246,926 |
United Engineers Ltd. | 283,803 | 596,604 |
843,530 | ||
Consumer Durables & Apparel 0.0% | ||
China Hongxing Sports Ltd. *(c) | 884,000 | — |
Security | Number of Shares | Value ($) |
Consumer Services 0.1% | ||
Accordia Golf Trust | 489,610 | 262,563 |
Genting Hong Kong Ltd. * | 1,245,863 | 379,988 |
GL Ltd. | 502,459 | 282,028 |
OUE Ltd. | 169,628 | 238,939 |
1,163,518 | ||
Diversified Financials 0.1% | ||
ARA Asset Management Ltd. | 262,759 | 329,729 |
Energy 0.0% | ||
Ezion Holdings Ltd. * | 1,083,553 | 286,664 |
Food, Beverage & Tobacco 0.1% | ||
First Resources Ltd. | 304,901 | 410,953 |
Super Group Ltd. | 306,939 | 285,310 |
696,263 | ||
Health Care Equipment & Services 0.1% | ||
Raffles Medical Group Ltd. | 558,986 | 565,561 |
RHT Health Trust | 420,518 | 255,579 |
821,140 | ||
Materials 0.0% | ||
Midas Holdings Ltd. | 841,036 | 156,354 |
Media 0.0% | ||
Asian Pay Television Trust | 914,690 | 313,933 |
Real Estate 1.1% | ||
Ascendas Hospitality Trust | 613,878 | 331,399 |
Ascendas India Trust | 420,518 | 327,743 |
Ascott Residence Trust | 500,463 | 416,889 |
Cache Logistics Trust | 553,512 | 324,536 |
Cambridge Industrial Trust | 809,470 | 332,806 |
CapitaLand Retail China Trust | 316,036 | 322,013 |
CDL Hospitality Trusts | 449,473 | 454,760 |
Croesus Retail Trust | 398,429 | 242,154 |
Far East Hospitality Trust | 559,844 | 234,177 |
First Real Estate Investment Trust | 316,036 | 290,377 |
Frasers Centrepoint Trust | 381,807 | 546,004 |
Frasers Commercial Trust | 381,019 | 345,997 |
Frasers Logistics & Industrial Trust | 162,778 | 113,481 |
Keppel DC REIT | 426,879 | 360,171 |
Keppel REIT | 1,131,958 | 837,708 |
Lippo Malls Indonesia Retail Trust | 1,261,703 | 351,839 |
Manulife US Real Estate Investment Trust | 209,819 | 176,248 |
Mapletree Commercial Trust | 1,055,113 | 1,131,650 |
Mapletree Greater China Commercial Trust | 1,206,553 | 849,776 |
Mapletree Industrial Trust | 753,097 | 896,576 |
Mapletree Logistics Trust | 891,174 | 685,004 |
OUE Hospitality Trust | 594,511 | 295,438 |
Parkway Life Real Estate Investment Trust | 268,550 | 466,609 |
Sabana Shari'ah Compliant Industrial Real Estate Investment Trust | 597,124 | 185,727 |
Soilbuild Business Space REIT | 596,310 | 275,013 |
SPH REIT | 460,977 | 319,722 |
Starhill Global REIT | 893,425 | 472,729 |
Yoma Strategic Holdings Ltd. | 767,312 | 323,703 |
11,910,249 | ||
Software & Services 0.0% | ||
Silverlake Axis Ltd. | 488,907 | 195,766 |
Utilities 0.1% | ||
China Everbright Water Ltd. | 273,127 | 83,976 |
Keppel Infrastructure Trust | 1,461,862 | 517,408 |
SIIC Environment Holdings Ltd. * | 580,501 | 230,366 |
831,750 | ||
17,548,896 | ||
Security | Number of Shares | Value ($) |
Spain 2.1% | ||
Automobiles & Components 0.1% | ||
Cie Automotive S.A. | 32,220 | 621,059 |
Banks 0.0% | ||
Liberbank S.A. * | 203,367 | 216,530 |
Capital Goods 0.2% | ||
Construcciones y Auxiliar de Ferrocarriles S.A. | 13,189 | 494,717 |
Fomento de Construcciones y Contratas S.A. * | 42,379 | 393,579 |
Obrascon Huarte Lain S.A. (a) | 87,317 | 306,184 |
Sacyr S.A. * | 159,283 | 393,685 |
1,588,165 | ||
Commercial & Professional Services 0.1% | ||
Applus Services S.A. | 63,146 | 735,404 |
Prosegur Cia de Seguridad S.A. | 134,090 | 777,963 |
1,513,367 | ||
Consumer Services 0.1% | ||
Codere S.A. * | 467,297 | 327,723 |
Melia Hotels International S.A. | 46,067 | 603,074 |
NH Hotel Group S.A. * | 129,650 | 604,793 |
1,535,590 | ||
Diversified Financials 0.1% | ||
Bolsas y Mercados Espanoles SHMSF S.A. | 46,063 | 1,439,028 |
Energy 0.1% | ||
Tecnicas Reunidas S.A. | 19,548 | 760,244 |
Food, Beverage & Tobacco 0.2% | ||
Ebro Foods S.A. | 53,447 | 1,089,570 |
Viscofan S.A. | 28,948 | 1,520,320 |
2,609,890 | ||
Insurance 0.1% | ||
Grupo Catalana Occidente S.A. | 30,195 | 1,005,550 |
Materials 0.1% | ||
Ence Energia y Celulosa S.A. | 91,461 | 247,339 |
Papeles y Cartones de Europa S.A. | 27,340 | 180,991 |
Vidrala S.A. | 9,462 | 517,295 |
945,625 | ||
Media 0.1% | ||
Atresmedia Corp de Medios de Comunicaion S.A. | 35,012 | 405,149 |
Promotora de Informaciones S.A., Class A * | 32,579 | 169,284 |
574,433 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.1% | ||
Almirall S.A. | 36,570 | 585,220 |
Faes Farma S.A. | 161,424 | 576,338 |
Pharma Mar S.A. * | 93,221 | 268,939 |
1,430,497 | ||
Real Estate 0.4% | ||
Axiare Patrimonio SOCIMI S.A. | 35,742 | 519,749 |
Hispania Activos Inmobiliarios SOCIMI S.A. | 55,533 | 723,750 |
Inmobiliaria Colonial S.A. | 119,084 | 872,990 |
Merlin Properties Socimi S.A. | 192,570 | 2,192,555 |
4,309,044 | ||
Software & Services 0.1% | ||
Indra Sistemas S.A. * | 75,997 | 961,381 |
Security | Number of Shares | Value ($) |
Telecommunication Services 0.2% | ||
Cellnex Telecom SAU | 81,777 | 1,235,230 |
Euskaltel S.A. | 57,225 | 542,887 |
Let's GOWEX S.A. *(c) | 5,361 | — |
1,778,117 | ||
Transportation 0.1% | ||
Cia de Distribucion Integral Logista Holdings S.A. | 24,290 | 556,217 |
21,844,737 | ||
Sweden 4.5% | ||
Automobiles & Components 0.1% | ||
Dometic Group AB * | 159,376 | 1,212,187 |
Banks 0.0% | ||
Collector AB * | 11,244 | 123,348 |
Capital Goods 0.7% | ||
Concentric AB | 24,361 | 346,227 |
Haldex AB (a) | 22,207 | 292,189 |
Indutrade AB | 61,311 | 1,150,485 |
Lindab International AB | 43,656 | 364,759 |
NCC AB, B Shares | 52,768 | 1,257,937 |
Nibe Industrier AB, B Shares | 149,936 | 1,208,645 |
Peab AB | 106,359 | 1,008,528 |
Saab AB, Class B | 22,612 | 898,831 |
Sweco AB, B Shares | 42,579 | 944,125 |
7,471,726 | ||
Commercial & Professional Services 0.4% | ||
AF AB, B Shares | 35,376 | 714,492 |
Bravida Holding AB | 32,695 | 214,003 |
Intrum Justitia AB | 42,049 | 1,524,386 |
Loomis AB, B Shares | 44,482 | 1,383,418 |
3,836,299 | ||
Consumer Durables & Apparel 0.3% | ||
Bonava AB, B Shares * | 53,373 | 823,152 |
JM AB | 30,997 | 976,760 |
Nobia AB | 36,357 | 356,657 |
Thule Group AB | 62,305 | 998,264 |
3,154,833 | ||
Consumer Services 0.1% | ||
Betsson AB * | 77,611 | 696,722 |
Pandox AB | 24,438 | 386,395 |
Rezidor Hotel Group AB | 81,333 | 312,463 |
SkiStar AB | 9,748 | 161,272 |
1,556,852 | ||
Diversified Financials 0.2% | ||
Avanza Bank Holding AB | 18,181 | 799,409 |
Bure Equity AB | 26,834 | 291,989 |
Investment AB Oresund | 30,511 | 521,715 |
Ratos AB, B Shares | 131,191 | 611,363 |
2,224,476 | ||
Food & Staples Retailing 0.1% | ||
Axfood AB | 68,947 | 1,056,454 |
Food, Beverage & Tobacco 0.2% | ||
AAK AB | 17,217 | 1,150,827 |
Cloetta AB, B Shares | 115,532 | 446,414 |
1,597,241 | ||
Health Care Equipment & Services 0.3% | ||
Attendo AB | 58,054 | 565,312 |
Elekta AB, B Shares | 219,067 | 2,085,773 |
Lifco AB, B Shares | 27,686 | 735,629 |
3,386,714 |
Security | Number of Shares | Value ($) |
Household & Personal Products 0.0% | ||
Oriflame Holding AG * | 11,618 | 474,588 |
Materials 0.6% | ||
BillerudKorsnas AB | 93,918 | 1,494,345 |
Hexpol AB | 149,944 | 1,506,724 |
Holmen AB, B Shares | 33,622 | 1,305,122 |
SSAB AB, A Shares *(a) | 120,967 | 479,906 |
SSAB AB, B Shares * | 351,986 | 1,168,173 |
5,954,270 | ||
Media 0.1% | ||
Modern Times Group MTG AB, B Shares | 34,267 | 1,112,524 |
Pharmaceuticals, Biotechnology & Life Sciences 0.2% | ||
Swedish Orphan Biovitrum AB *(a) | 96,226 | 1,308,834 |
Vitrolife AB | 8,262 | 404,557 |
1,713,391 | ||
Real Estate 0.8% | ||
Atrium Ljungberg AB, B Shares | 20,257 | 326,586 |
Castellum AB | 163,927 | 2,226,040 |
Fabege AB | 84,835 | 1,434,601 |
Hemfosa Fastigheter AB | 61,258 | 570,664 |
Hufvudstaden AB, A Shares | 70,658 | 1,099,146 |
Klovern AB, B Shares | 269,686 | 280,129 |
Kungsleden AB | 109,170 | 628,504 |
Wallenstam AB, B Shares | 133,959 | 1,098,445 |
Wihlborgs Fastigheter AB | 48,930 | 975,205 |
8,639,320 | ||
Retailing 0.1% | ||
Bilia AB, A Shares | 24,676 | 553,455 |
Clas Ohlson AB, B Shares | 10,425 | 157,424 |
Mekonomen AB | 11,341 | 216,588 |
927,467 | ||
Software & Services 0.1% | ||
NetEnt AB * | 115,377 | 965,932 |
Technology Hardware & Equipment 0.1% | ||
Fingerprint Cards AB, Class B *(a) | 152,601 | 845,501 |
Telecommunication Services 0.1% | ||
Com Hem Holding AB | 75,964 | 853,580 |
Transportation 0.0% | ||
SAS AB * | 207,690 | 342,451 |
47,449,154 | ||
Switzerland 4.1% | ||
Automobiles & Components 0.1% | ||
Autoneum Holding AG | 3,235 | 863,302 |
Banks 0.2% | ||
St. Galler Kantonalbank AG - Reg'd | 1,237 | 521,258 |
Valiant Holding AG - Reg'd | 10,835 | 1,138,192 |
1,659,450 | ||
Capital Goods 1.2% | ||
Arbonia AG * | 23,347 | 391,662 |
Belimo Holding AG - Reg'd | 164 | 545,820 |
Bucher Industries AG - Reg'd | 4,042 | 1,156,356 |
Burckhardt Compression Holding AG | 1,908 | 533,943 |
Conzzeta AG - Reg'd | 439 | 354,856 |
Daetwyler Holding AG | 3,629 | 554,433 |
dormakaba Holding AG * | 1,887 | 1,563,942 |
Georg Fischer AG - Reg'd | 2,532 | 2,200,915 |
Huber & Suhner AG - Reg'd | 9,121 | 564,228 |
Implenia AG - Reg'd | 8,159 | 611,039 |
OC Oerlikon Corp. AG - Reg'd * | 117,866 | 1,276,994 |
Rieter Holding AG - Reg'd * | 2,876 | 565,752 |
Schweiter Technologies AG | 522 | 589,006 |
SFS Group AG * | 10,827 | 989,236 |
Security | Number of Shares | Value ($) |
VAT Group AG * | 9,607 | 935,326 |
Zehnder Group AG - Reg'd * | 6,588 | 230,575 |
13,064,083 | ||
Consumer Durables & Apparel 0.1% | ||
Forbo Holding AG - Reg'd * | 781 | 1,068,421 |
Diversified Financials 0.4% | ||
Cembra Money Bank AG * | 18,197 | 1,480,908 |
EFG International AG * | 44,729 | 252,353 |
GAM Holding AG * | 83,183 | 921,994 |
Leonteq AG *(a) | 5,632 | 154,656 |
Swissquote Group Holding S.A. - Reg'd * | 3,671 | 88,709 |
Vontobel Holding AG - Reg'd | 10,620 | 582,194 |
VZ Holding AG | 1,481 | 445,875 |
3,926,689 | ||
Food, Beverage & Tobacco 0.1% | ||
Bell AG - Reg’d | 676 | 298,022 |
Emmi AG - Reg'd * | 1,366 | 870,928 |
1,168,950 | ||
Health Care Equipment & Services 0.0% | ||
Ypsomed Holding AG - Reg’d * | 1,574 | 303,814 |
Materials 0.0% | ||
Schmolz + Bickenbach AG - Reg'd * | 336,913 | 262,412 |
Vetropack Holding AG | 76 | 138,575 |
400,987 | ||
Media 0.0% | ||
APG SGA S.A. | 462 | 211,059 |
Pharmaceuticals, Biotechnology & Life Sciences 0.4% | ||
Basilea Pharmaceutica - Reg'd * | 5,802 | 498,250 |
BB Biotech AG - Reg'd (a) | 33,983 | 1,993,610 |
COSMO Pharmaceuticals N.V. | 2,964 | 509,070 |
Siegfried Holding AG - Reg'd * | 1,431 | 326,510 |
Tecan Group AG - Reg'd | 6,810 | 1,139,023 |
4,466,463 | ||
Real Estate 0.4% | ||
Allreal Holding AG - Reg'd * | 6,940 | 1,087,309 |
CS Real Estate Fund LivingPlus * | 9,679 | 1,394,658 |
Intershop Holding AG | 219 | 109,560 |
Mobimo Holding AG - Reg'd * | 4,648 | 1,238,059 |
3,829,586 | ||
Retailing 0.1% | ||
Valora Holding AG - Reg'd | 1,899 | 633,348 |
Semiconductors & Semiconductor Equipment 0.2% | ||
ams AG | 35,343 | 1,637,541 |
Meyer Burger Technology AG * | 337,844 | 263,137 |
U-Blox AG * | 3,965 | 789,476 |
2,690,154 | ||
Software & Services 0.3% | ||
Temenos Group AG - Reg'd * | 34,958 | 2,710,558 |
Technology Hardware & Equipment 0.3% | ||
Ascom Holding AG - Reg'd | 24,413 | 425,390 |
Kudelski S.A. * | 22,890 | 382,853 |
LEM Holding S.A. - Reg’d | 206 | 197,782 |
Logitech International S.A. - Reg'd | 89,454 | 2,594,876 |
3,600,901 | ||
Telecommunication Services 0.1% | ||
Sunrise Communications Group AG * | 21,796 | 1,563,775 |
Transportation 0.1% | ||
Panalpina Welttransport Holding AG - Reg'd | 8,749 | 1,105,146 |
Security | Number of Shares | Value ($) |
Utilities 0.1% | ||
BKW AG | 10,817 | 552,488 |
43,819,174 | ||
United Kingdom 15.0% | ||
Banks 0.5% | ||
Aldermore Group plc * | 108,829 | 313,649 |
BGEO Group plc | 19,824 | 691,965 |
Metro Bank plc * | 45,003 | 1,915,820 |
OneSavings Bank plc | 50,306 | 228,618 |
Shawbrook Group plc * | 69,081 | 219,897 |
The Paragon Group of Cos. plc | 167,674 | 884,900 |
Virgin Money Holdings UK plc | 160,378 | 653,007 |
4,907,856 | ||
Capital Goods 2.0% | ||
Balfour Beatty plc | 415,006 | 1,428,455 |
Bodycote plc | 120,175 | 1,181,412 |
Carillion plc | 272,207 | 741,829 |
Chemring Group plc * | 169,901 | 410,693 |
Diploma plc | 62,039 | 826,826 |
Fenner plc | 127,136 | 440,214 |
Galliford Try plc | 49,845 | 940,331 |
Grafton Group plc | 133,003 | 1,042,707 |
Interserve plc | 93,269 | 277,973 |
John Laing Group plc | 203,365 | 690,874 |
Keller Group plc | 44,290 | 473,985 |
Kier Group plc | 47,890 | 867,693 |
Melrose Industries plc | 1,108,004 | 2,940,292 |
Morgan Advanced Materials plc | 185,657 | 719,895 |
Polypipe Group plc | 111,666 | 470,509 |
QinetiQ Group plc | 373,161 | 1,286,746 |
Rotork plc | 503,461 | 1,547,472 |
Senior plc | 268,540 | 611,199 |
SIG plc | 356,890 | 497,408 |
Spirax-Sarco Engineering plc | 40,753 | 2,256,223 |
Ultra Electronics Holdings plc | 46,866 | 1,134,908 |
Vesuvius plc | 131,681 | 748,530 |
21,536,174 | ||
Commercial & Professional Services 1.0% | ||
Berendsen plc | 107,361 | 1,223,108 |
Cape plc | 63,535 | 134,209 |
De La Rue plc | 68,090 | 509,235 |
Hays plc | 874,123 | 1,770,871 |
HomeServe plc | 160,972 | 1,193,869 |
IWG plc | 377,853 | 1,330,667 |
Mitie Group plc | 236,492 | 608,299 |
Pagegroup plc | 191,524 | 1,012,675 |
RPS Group plc | 138,781 | 426,567 |
Serco Group plc * | 688,056 | 1,008,624 |
Shanks Group plc | 410,627 | 493,100 |
WS Atkins plc | 61,339 | 1,110,605 |
10,821,829 | ||
Consumer Durables & Apparel 0.3% | ||
Bovis Homes Group plc | 83,861 | 813,982 |
Countryside Properties plc | 60,595 | 168,831 |
Crest Nicholson Holdings plc | 147,200 | 992,812 |
McCarthy & Stone plc | 146,138 | 348,978 |
Redrow plc | 126,848 | 771,096 |
Ted Baker plc | 15,293 | 533,999 |
3,629,698 | ||
Consumer Services 1.3% | ||
888 Holdings plc | 84,097 | 242,789 |
AA plc | 370,343 | 1,205,596 |
Dignity plc | 32,206 | 1,040,002 |
Domino's Pizza Group plc | 307,849 | 1,471,056 |
Security | Number of Shares | Value ($) |
EI Group plc * | 335,629 | 563,837 |
Greene King plc | 192,595 | 1,618,939 |
GVC Holdings plc | 174,181 | 1,506,419 |
J.D. Wetherspoon plc | 55,066 | 671,194 |
Ladbrokes Coral Group plc | 592,585 | 902,593 |
Marston's plc | 374,752 | 618,835 |
Mitchells & Butlers plc | 160,383 | 492,365 |
SSP Group plc | 291,836 | 1,513,654 |
The Restaurant Group plc | 124,709 | 504,826 |
Thomas Cook Group plc * | 886,495 | 965,260 |
13,317,365 | ||
Diversified Financials 1.2% | ||
Allied Minds plc * | 70,020 | 335,461 |
Brewin Dolphin Holdings plc | 161,420 | 622,098 |
Close Brothers Group plc | 91,223 | 1,711,850 |
IG Group Holdings plc | 226,029 | 1,506,204 |
Intermediate Capital Group plc | 172,693 | 1,525,784 |
International Personal Finance plc | 145,769 | 328,688 |
Jupiter Fund Management plc | 240,379 | 1,254,242 |
Kennedy Wilson Europe Real Estate plc | 66,038 | 797,124 |
Man Group plc | 953,715 | 1,737,480 |
SVG Capital plc * | 97,719 | 867,019 |
TP ICAP plc | 324,222 | 1,972,929 |
12,658,879 | ||
Energy 0.6% | ||
Amec Foster Wheeler plc | 240,680 | 1,316,312 |
Cairn Energy plc * | 353,098 | 976,776 |
Genel Energy plc * | 1,201 | 1,218 |
Hunting plc | 78,078 | 514,464 |
Lamprell plc * | 168,070 | 208,101 |
Nostrum Oil & Gas plc * | 46,022 | 286,635 |
Ophir Energy plc * | 435,773 | 497,538 |
Premier Oil plc * | 292,479 | 252,953 |
Soco International plc | 142,619 | 234,267 |
Tullow Oil plc * | 543,611 | 1,815,644 |
6,103,908 | ||
Food & Staples Retailing 0.1% | ||
Greggs plc | 63,563 | 773,577 |
Food, Beverage & Tobacco 0.3% | ||
Britvic plc | 153,299 | 1,204,683 |
Dairy Crest Group plc | 82,443 | 581,184 |
Devro plc | 81,567 | 182,703 |
Greencore Group plc | 418,205 | 1,350,996 |
Premier Foods plc * | 399,356 | 196,299 |
3,515,865 | ||
Health Care Equipment & Services 0.3% | ||
NMC Health plc | 37,993 | 825,010 |
Spire Healthcare Group plc | 174,895 | 709,287 |
UDG Healthcare plc | 152,043 | 1,304,550 |
2,838,847 | ||
Household & Personal Products 0.1% | ||
PZ Cussons plc | 130,475 | 518,263 |
Insurance 0.8% | ||
Beazley plc | 338,616 | 1,828,762 |
Chesnara plc | 74,930 | 327,283 |
esure Group plc | 164,361 | 437,287 |
Hastings Group Holdings Ltd. | 120,133 | 350,562 |
Hiscox Ltd. | 181,755 | 2,456,271 |
Lancashire Holdings Ltd. | 128,388 | 1,108,776 |
Phoenix Group Holdings | 225,077 | 2,151,060 |
8,660,001 | ||
Materials 1.3% | ||
Acacia Mining plc | 91,727 | 611,818 |
Centamin plc | 671,678 | 1,461,042 |
Security | Number of Shares | Value ($) |
Elementis plc | 290,429 | 1,082,784 |
Essentra plc | 160,606 | 1,086,229 |
Evraz plc * | 285,498 | 818,551 |
Hochschild Mining plc | 141,275 | 467,986 |
Ibstock plc | 115,976 | 285,755 |
KAZ Minerals plc * | 159,994 | 1,049,239 |
Lonmin plc * | 176,607 | 266,471 |
Petra Diamonds Ltd. * | 323,438 | 552,614 |
RPC Group plc | 251,118 | 2,853,045 |
Synthomer plc | 171,007 | 950,370 |
Vedanta Resources plc | 54,595 | 584,946 |
Victrex plc | 50,555 | 1,202,222 |
13,273,072 | ||
Media 0.4% | ||
Cineworld Group plc | 122,981 | 978,675 |
Entertainment One Ltd. | 201,726 | 593,430 |
ITE Group plc | 166,490 | 324,755 |
UBM plc | 240,546 | 2,231,546 |
4,128,406 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.6% | ||
BTG plc * | 233,225 | 1,673,148 |
Dechra Pharmaceuticals plc | 59,545 | 1,192,975 |
Genus plc | 37,848 | 816,680 |
Indivior plc | 403,192 | 1,754,558 |
Vectura Group plc * | 414,021 | 746,536 |
6,183,897 | ||
Real Estate 1.3% | ||
Assura plc | 998,079 | 726,576 |
Big Yellow Group plc | 92,257 | 839,222 |
Countrywide plc | 107,734 | 261,425 |
Daejan Holdings plc | 1,948 | 164,596 |
F&C Commercial Property Trust Ltd. | 357,452 | 617,846 |
Foxtons Group plc | 174,246 | 207,616 |
Grainger plc | 253,031 | 797,570 |
Great Portland Estates plc | 209,773 | 1,691,549 |
Hansteen Holdings PLC | 411,109 | 600,088 |
Helical plc | 52,989 | 212,490 |
Londonmetric Property plc | 314,290 | 606,209 |
Picton Property Income Ltd. | 242,035 | 246,974 |
Redefine International plc | 627,148 | 289,771 |
Safestore Holdings plc | 122,322 | 584,515 |
Savills plc | 83,477 | 889,203 |
Schroder Real Estate Investment Trust Ltd. | 300,142 | 225,032 |
Shaftesbury plc | 142,627 | 1,624,876 |
ST Modwen Properties plc | 88,076 | 375,386 |
The Unite Group plc | 129,660 | 1,008,431 |
Tritax Big Box REIT plc | 641,767 | 1,165,179 |
UK Commercial Property Trust Ltd. | 268,672 | 276,663 |
Workspace Group plc | 70,468 | 696,262 |
14,107,479 | ||
Retailing 0.8% | ||
AO World plc * | 100,193 | 183,903 |
B&M European Value Retail S.A. | 422,122 | 1,566,411 |
Card Factory plc | 136,217 | 447,502 |
Debenhams plc | 782,464 | 522,389 |
Dunelm Group plc | 66,453 | 534,204 |
Halfords Group plc | 126,861 | 536,270 |
JD Sports Fashion plc | 185,215 | 810,834 |
Lookers plc | 179,598 | 275,454 |
Mothercare plc * | 88,691 | 119,472 |
N Brown Group plc | 97,993 | 246,690 |
Ocado Group plc *(a) | 262,292 | 812,727 |
Pets at Home Group plc | 220,792 | 505,547 |
Security | Number of Shares | Value ($) |
SuperGroup plc | 25,098 | 461,296 |
WH Smith plc | 68,553 | 1,443,401 |
8,466,100 | ||
Semiconductors & Semiconductor Equipment 0.0% | ||
Imagination Technologies Group plc * | 151,751 | 491,926 |
Software & Services 0.7% | ||
AVEVA Group plc | 39,335 | 936,384 |
Computacenter plc | 38,913 | 379,397 |
Fidessa Group plc | 24,589 | 768,636 |
Gocompare.Com Group Ltd. * | 164,361 | 195,327 |
Moneysupermarket.com Group plc | 322,352 | 1,322,542 |
NCC Group plc | 144,308 | 211,901 |
Paysafe Group plc * | 251,210 | 1,322,322 |
Playtech plc | 126,549 | 1,405,488 |
Sophos Group plc | 153,434 | 532,704 |
ZPG plc | 142,825 | 660,272 |
7,734,973 | ||
Technology Hardware & Equipment 0.5% | ||
Electrocomponents plc | 266,723 | 1,577,237 |
Laird plc | 170,351 | 355,074 |
Oxford Instruments plc | 36,755 | 366,132 |
Renishaw plc | 23,344 | 892,394 |
Spectris plc | 71,203 | 2,153,102 |
Xaar plc | 51,060 | 233,983 |
5,577,922 | ||
Telecommunication Services 0.0% | ||
KCOM Group plc | 243,333 | 275,551 |
Transportation 0.7% | ||
BBA Aviation plc | 630,170 | 2,391,760 |
Firstgroup plc * | 745,799 | 1,115,543 |
Go-Ahead Group plc | 26,507 | 649,811 |
National Express Group plc | 265,478 | 1,199,871 |
Northgate plc | 83,640 | 587,020 |
Stagecoach Group plc | 246,624 | 637,122 |
Wizz Air Holdings plc * | 25,811 | 536,712 |
7,117,839 | ||
Utilities 0.2% | ||
Drax Group plc | 252,333 | 1,103,721 |
Telecom Plus plc | 38,102 | 572,289 |
1,676,010 | ||
158,315,437 | ||
Total Common Stock | ||
(Cost $986,718,908) | 1,052,472,751 | |
Preferred Stock 0.3% of net assets | ||
Germany 0.2% | ||
Automobiles & Components 0.1% | ||
Schaeffler AG | 30,356 | 479,973 |
Capital Goods 0.1% | ||
Jungheinrich AG | 32,193 | 977,502 |
Health Care Equipment & Services 0.0% | ||
Draegerwerk AG & Co. KGaA | 4,368 | 396,518 |
Pharmaceuticals, Biotechnology & Life Sciences 0.0% | ||
Biotest AG | 12,533 | 233,257 |
Transportation 0.0% | ||
Sixt SE | 10,868 | 435,892 |
2,523,142 | ||
Security | Number of Shares | Value ($) |
Sweden 0.1% | ||
Real Estate 0.1% | ||
Klovern AB | 13,003 | 416,529 |
Total Preferred Stock | ||
(Cost $2,862,287) | 2,939,671 | |
Other Investment Companies 2.3% of net assets | ||
United States 2.3% | ||
Money Market Fund 0.0% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 0.46% (b) | 467,117 | 467,117 |
Securities Lending Collateral 2.3% | ||
Wells Fargo Government Money Market Fund, Select Class 0.48% (b) | 24,136,021 | 24,136,021 |
Total Other Investment Companies | ||
(Cost $24,603,138) | 24,603,138 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $22,737,206. |
(b) | The rate shown is the 7-day yield. |
(c) | Fair-valued by management in accordance with procedures approved by the Board of Trustees. |
CVA — | Dutch Certificate |
Reg'd — | Registered |
REIT — | Real Estate Investment Trust |
Number of Contracts | Contract Value ($) | Unrealized Depreciation ($) | ||||
Futures Contracts | ||||||
MSCI EAFE Index, e-mini, Long, expires 03/17/17 | 25 | 2,181,875 | (6,927) |
Holdings by Category | Cost ($) | Value ($) | |
97.1% | Common Stock | 2,419,418,416 | 2,588,688,968 |
2.8% | Preferred Stock | 69,069,986 | 73,978,458 |
0.0% | Rights | — | 107,091 |
0.3% | Other Investment Companies | 9,008,404 | 9,008,404 |
100.2% | Total Investments | 2,497,496,806 | 2,671,782,921 |
(0.2%) | Other Assets and Liabilities, Net | (4,945,107) | |
100.0% | Net Assets | 2,666,837,814 |
Security | Number of Shares | Value ($) |
Common Stock 97.1% of net assets | ||
Brazil 7.7% | ||
Banks 1.8% | ||
Banco Bradesco S.A. | 465,189 | 4,879,176 |
Banco do Brasil S.A. | 645,893 | 6,872,086 |
Banco Santander Brasil S.A. | 345,095 | 3,811,464 |
Itau Unibanco Holding S.A. ADR | 2,415,371 | 30,892,595 |
46,455,321 | ||
Capital Goods 0.2% | ||
Embraer S.A. | 563,606 | 3,248,298 |
WEG S.A. | 410,161 | 2,238,680 |
5,486,978 | ||
Consumer Services 0.2% | ||
Estacio Participacoes S.A. | 206,702 | 995,970 |
Kroton Educacional S.A. | 1,147,801 | 5,043,536 |
6,039,506 | ||
Diversified Financials 0.4% | ||
BM&FBovespa S.A. - Bolsa de Valores Mercadorias e Futuros | 1,292,098 | 7,899,615 |
CETIP S.A. - Mercados Organizados | 171,997 | 2,590,183 |
Grupo BTG Pactual | 186,566 | 1,128,032 |
11,617,830 | ||
Energy 0.8% | ||
Cosan S.A. Industria e Comercio | 92,013 | 1,180,109 |
Petroleo Brasileiro S.A. * | 2,811,834 | 14,425,223 |
Ultrapar Participacoes S.A. ADR | 300,033 | 6,225,685 |
21,831,017 | ||
Food & Staples Retailing 0.1% | ||
Raia Drogasil S.A. | 189,135 | 3,611,257 |
Food, Beverage & Tobacco 1.2% | ||
Ambev S.A. ADR | 3,521,076 | 20,034,923 |
BRF S.A. ADR | 544,456 | 7,072,483 |
JBS S.A. | 538,424 | 2,024,931 |
M Dias Branco S.A. | 35,127 | 1,560,447 |
30,692,784 | ||
Health Care Equipment & Services 0.0% | ||
Odontoprev S.A. | 153,626 | 590,110 |
Household & Personal Products 0.0% | ||
Natura Cosmeticos S.A. | 123,505 | 1,017,100 |
Security | Number of Shares | Value ($) |
Insurance 0.2% | ||
BB Seguridade Participacoes S.A. | 418,163 | 3,846,938 |
Porto Seguro S.A. | 91,360 | 848,699 |
Sul America S.A. | 184,459 | 1,151,461 |
5,847,098 | ||
Materials 1.2% | ||
Companhia Siderurgica Nacional S.A. * | 571,089 | 2,199,179 |
Fibria Celulose S.A. | 171,700 | 1,466,983 |
Klabin S.A. | 429,954 | 2,142,169 |
Vale S.A. | 1,030,589 | 10,839,239 |
Vale S.A. ADR | 1,514,655 | 14,919,352 |
31,566,922 | ||
Media 0.0% | ||
Smiles S.A. | 44,082 | 874,555 |
Pharmaceuticals, Biotechnology & Life Sciences 0.1% | ||
Hypermarcas S.A. | 288,557 | 2,512,700 |
Real Estate 0.1% | ||
BR Malls Participacoes S.A. * | 463,104 | 2,220,994 |
Multiplan Empreendimentos Imobiliarios S.A. | 57,100 | 1,179,993 |
3,400,987 | ||
Retailing 0.2% | ||
Lojas Americanas S.A. | 152,330 | 656,131 |
Lojas Renner S.A. | 485,635 | 3,988,420 |
4,644,551 | ||
Software & Services 0.3% | ||
Cielo S.A. | 786,893 | 6,900,174 |
TOTVS S.A. | 102,258 | 832,921 |
7,733,095 | ||
Telecommunication Services 0.1% | ||
Tim Participacoes S.A. | 636,334 | 1,996,342 |
Transportation 0.3% | ||
CCR S.A. | 651,483 | 3,788,276 |
Localiza Rent a Car S.A. | 121,686 | 1,507,092 |
Rumo Logistica Operadora Multimodal S.A. * | 687,778 | 1,896,861 |
7,192,229 | ||
Utilities 0.5% | ||
Centrais Eletricas Brasileiras S.A. * | 217,260 | 1,500,777 |
Companhia de Saneamento Basico do Estado de Sao Paulo | 257,265 | 2,719,021 |
CPFL Energia S.A. ADR | 119,473 | 1,943,826 |
EDP - Energias do Brasil S.A. | 235,551 | 1,039,574 |
Engie Brasil Energia S.A. | 160,496 | 1,907,792 |
Equatorial Energia S.A. | 173,786 | 3,324,893 |
Transmissora Alianca de Energia Eletrica S.A. | 87,096 | 616,195 |
13,052,078 | ||
206,162,460 | ||
Chile 1.4% | ||
Banks 0.3% | ||
Banco de Chile ADR | 30,323 | 2,188,714 |
Banco de Credito e Inversiones | 30,559 | 1,649,092 |
Security | Number of Shares | Value ($) |
Banco Santander Chile ADR | 124,861 | 2,744,445 |
Itau CorpBanca | 168,811,681 | 1,365,688 |
7,947,939 | ||
Energy 0.1% | ||
Empresas COPEC S.A. | 301,851 | 3,166,302 |
Food & Staples Retailing 0.1% | ||
Cencosud S.A. | 857,942 | 2,532,005 |
Food, Beverage & Tobacco 0.1% | ||
Cia Cervecerias Unidas S.A. | 127,928 | 1,515,331 |
Materials 0.2% | ||
Empresas CMPC S.A. | 843,667 | 1,876,691 |
Sociedad Quimica y Minera de Chile S.A. ADR | 69,050 | 2,175,075 |
4,051,766 | ||
Retailing 0.1% | ||
S.A.C.I. Falabella | 358,596 | 2,932,452 |
Telecommunication Services 0.0% | ||
Empresa Nacional de Telecomunicaciones S.A. * | 115,966 | 1,289,443 |
Transportation 0.1% | ||
Latam Airlines Group S.A. ADR | 247,942 | 2,509,173 |
Utilities 0.4% | ||
AES Gener S.A. | 1,558,474 | 584,971 |
Aguas Andinas S.A., A Shares | 2,442,943 | 1,316,660 |
Colbun S.A. | 6,071,245 | 1,206,325 |
Enel Americas S.A. ADR | 437,559 | 4,266,200 |
Enel Chile S.A. ADR | 323,979 | 1,636,094 |
Enel Generacion Chile S.A. ADR | 88,352 | 1,794,429 |
10,804,679 | ||
36,749,090 | ||
China 25.8% | ||
Automobiles & Components 0.9% | ||
BAIC Motor Corp., Ltd. | 1,020,038 | 1,147,181 |
Brilliance China Automotive Holdings Ltd. | 2,293,931 | 3,605,300 |
Byd Co., Ltd., H Shares (a) | 630,958 | 3,710,585 |
Dongfeng Motor Group Co., Ltd., H Shares | 2,702,485 | 3,206,447 |
Fuyao Glass Industry Group Co., Ltd., Class H | 365,716 | 1,140,146 |
Geely Automobile Holdings Ltd. | 3,612,908 | 4,914,983 |
Great Wall Motor Co., Ltd., H Shares | 2,725,050 | 3,349,068 |
Guangzhou Automobile Group Co., Ltd., H Shares | 1,852,768 | 3,107,658 |
24,181,368 | ||
Banks 5.8% | ||
Agricultural Bank of China Ltd., H Shares | 19,767,382 | 9,116,610 |
Bank of China Ltd., H Shares | 55,637,697 | 28,168,445 |
Bank of Communications Co., Ltd., H Shares | 5,970,113 | 4,760,739 |
China CITIC Bank Corp., Ltd., H Shares | 5,622,730 | 3,860,785 |
China Construction Bank Corp., H Shares | 67,910,677 | 55,903,642 |
China Everbright Bank Co., Ltd., H Shares | 2,013,064 | 1,019,181 |
China Merchants Bank Co., Ltd., H Shares | 2,912,878 | 7,748,962 |
China Minsheng Banking Corp., Ltd., H Shares | 4,837,554 | 5,521,546 |
Chongqing Rural Commercial Bank Co., Ltd., H Shares | 2,328,568 | 1,634,883 |
Huishang Bank Corp., Ltd., H Shares | 1,244,326 | 644,409 |
Security | Number of Shares | Value ($) |
Industrial & Commercial Bank of China Ltd., H Shares | 53,185,539 | 34,874,865 |
Shengjing Bank Co., Ltd., H Shares | 921,178 | 942,248 |
154,196,315 | ||
Capital Goods 1.5% | ||
AviChina Industry & Technology Co., Ltd., H Shares | 1,975,787 | 1,438,102 |
Beijing Enterprises Holdings Ltd. | 449,260 | 2,349,768 |
China Communications Construction Co., Ltd., H Shares | 3,176,810 | 4,100,720 |
China Conch Venture Holdings Ltd. | 1,327,648 | 2,630,513 |
China International Marine Containers Group Co., Ltd., H Shares | 559,097 | 976,671 |
China Minsheng Financial Holding Corp., Ltd. * | 6,337,072 | 489,825 |
China Railway Construction Corp., Ltd., H Shares | 1,371,697 | 1,940,268 |
China Railway Group Ltd., H Shares | 2,700,138 | 2,361,875 |
China State Construction International Holdings Ltd. | 1,421,040 | 2,324,937 |
CIMC Enric Holdings Ltd. | 937,593 | 567,693 |
CITIC Ltd. | 3,355,917 | 4,816,123 |
CRRC Corp., Ltd., H Shares | 2,547,942 | 2,445,384 |
CSSC Offshore & Marine Engineering Group Co., Ltd., H Shares | 178,624 | 389,811 |
Fosun International Ltd. | 1,930,260 | 3,033,729 |
Haitian International Holdings Ltd. | 426,180 | 896,013 |
Metallurgical Corp. of China Ltd., H Shares | 1,939,822 | 762,189 |
Shanghai Electric Group Co., Ltd., H Shares * | 2,453,868 | 1,270,804 |
Shanghai Industrial Holdings Ltd. | 348,553 | 972,138 |
Sinopec Engineering Group Co., Ltd., H shares | 1,142,000 | 1,037,186 |
Weichai Power Co., Ltd., H Shares | 933,093 | 1,642,014 |
Zhuzhou CRRC Times Electric Co., Ltd., H Shares | 427,496 | 2,302,022 |
Zoomlion Heavy Industry Science & Technology Co., Ltd., H Shares | 1,910,880 | 999,449 |
39,747,234 | ||
Commercial & Professional Services 0.1% | ||
China Everbright International Ltd. | 1,900,806 | 2,463,411 |
Consumer Durables & Apparel 0.4% | ||
ANTA Sports Products Ltd. | 685,308 | 2,074,698 |
Belle International Holdings Ltd. | 4,575,381 | 3,153,423 |
China Dongxiang Group Co., Ltd. | 2,173,662 | 411,633 |
Haier Electronics Group Co., Ltd. | 1,030,495 | 1,895,725 |
HengTen Networks Group Ltd. * | 14,092,732 | 346,761 |
Li Ning Co., Ltd. * | 1,014,352 | 678,199 |
Shenzhou International Group Holdings Ltd. | 397,098 | 2,373,651 |
10,934,090 | ||
Diversified Financials 0.9% | ||
China Cinda Asset Management Co., Ltd., H Shares | 6,911,507 | 2,724,554 |
China Everbright Ltd. | 625,196 | 1,240,332 |
China Galaxy Securities Co., Ltd., H Shares | 2,928,192 | 2,870,684 |
China Huarong Asset Management Co., Ltd., H Shares * | 4,352,228 | 1,721,279 |
CITIC Securities Co., Ltd., H Shares | 1,742,840 | 3,727,063 |
Far East Horizon Ltd. | 1,791,195 | 1,723,712 |
GF Securities Co., Ltd. | 1,202,529 | 2,649,066 |
Security | Number of Shares | Value ($) |
Haitong Securities Co., Ltd., H Shares | 2,715,735 | 4,974,944 |
Huatai Securities Co., Ltd., H Shares | 1,364,944 | 2,785,295 |
24,416,929 | ||
Energy 2.0% | ||
China Coal Energy Co., Ltd., H Shares * | 1,600,837 | 847,598 |
China Oilfield Services Ltd., H Shares | 1,544,320 | 1,539,854 |
China Petroleum & Chemical Corp., H Shares | 19,110,436 | 14,820,685 |
China Shenhua Energy Co., Ltd., H Shares | 2,589,082 | 5,416,678 |
CNOOC Ltd. | 11,930,894 | 14,109,670 |
Kunlun Energy Co., Ltd. | 2,284,000 | 1,986,100 |
PetroChina Co., Ltd., H Shares | 15,818,525 | 12,043,553 |
Sinopec Oilfield Service Corp., H Shares * | 1,420,976 | 292,892 |
Yanzhou Coal Mining Co., Ltd., H Shares | 1,766,018 | 1,419,649 |
52,476,679 | ||
Food, Beverage & Tobacco 0.3% | ||
Biostime International Holdings Ltd. * | 145,458 | 482,521 |
China Agri-Industries Holdings Ltd. * | 1,760,035 | 868,403 |
China Foods Ltd. | 728,848 | 324,873 |
China Huishan Dairy Holdings Co., Ltd. (a) | 3,757,195 | 1,374,622 |
China Resources Beer Holdings Co., Ltd. * | 1,301,259 | 2,953,730 |
Dali Foods Group Co., Ltd. | 1,451,556 | 824,657 |
Tsingtao Brewery Co., Ltd., H Shares | 468,272 | 2,153,613 |
8,982,419 | ||
Health Care Equipment & Services 0.3% | ||
Alibaba Health Information Technology Ltd. * | 2,240,091 | 984,059 |
Shandong Weigao Group Medical Polymer Co., Ltd., H Shares | 1,601,320 | 963,377 |
Shanghai Pharmaceuticals Holding Co., Ltd., H Shares | 571,000 | 1,471,185 |
Sinopharm Group Co., Ltd., H Shares | 770,341 | 3,562,695 |
6,981,316 | ||
Household & Personal Products 0.2% | ||
Hengan International Group Co., Ltd. | 537,370 | 4,589,741 |
Insurance 2.2% | ||
China Life Insurance Co., Ltd., H Shares | 5,536,605 | 16,868,477 |
China Pacific Insurance (Group) Co., Ltd., H Shares | 1,945,164 | 7,129,182 |
China Reinsurance Group Corp., H shares | 4,710,300 | 1,122,591 |
China Taiping Insurance Holdings Co., Ltd. * | 1,178,076 | 2,759,106 |
New China Life Insurance Co., Ltd., H Shares | 632,146 | 3,114,942 |
PICC Property & Casualty Co., Ltd., H Shares | 3,461,870 | 5,289,281 |
Ping An Insurance Group Co. of China Ltd., H Shares | 3,748,426 | 19,991,734 |
The People's Insurance Co. Group of China Ltd., H Shares | 5,062,789 | 2,080,567 |
58,355,880 | ||
Materials 0.8% | ||
Aluminum Corp. of China Ltd., H Shares * | 3,093,940 | 1,542,496 |
Angang Steel Co., Ltd., H Shares * | 901,306 | 700,150 |
Anhui Conch Cement Co., Ltd., H Shares | 1,129,740 | 3,936,833 |
BBMG Corp., H Shares | 2,648,727 | 1,238,640 |
China BlueChemical Ltd., H Shares | 1,875,688 | 650,001 |
China Hongqiao Group Ltd. | 547,481 | 550,129 |
Security | Number of Shares | Value ($) |
China Molybdenum Co., Ltd., H Shares | 3,455,308 | 1,322,039 |
China National Building Material Co., Ltd., H Shares | 2,662,460 | 1,941,336 |
China Resources Cement Holdings Ltd. | 2,284,000 | 1,188,718 |
China Zhongwang Holdings Ltd. | 1,549,024 | 736,352 |
Jiangxi Copper Co., Ltd., H Shares | 851,379 | 1,434,603 |
Lee & Man Paper Manufacturing Ltd. | 725,365 | 657,855 |
Nine Dragons Paper Holdings Ltd. | 1,142,000 | 1,449,117 |
Shandong Chenming Paper Holdings Ltd., H Shares | 589,664 | 767,233 |
Sinopec Shanghai Petrochemical Co., Ltd., H Shares | 2,839,291 | 1,719,131 |
Zhaojin Mining Industry Co., Ltd., H Shares | 757,628 | 741,773 |
Zijin Mining Group Co., Ltd., H Shares | 4,923,496 | 1,858,414 |
22,434,820 | ||
Media 0.1% | ||
Alibaba Pictures Group Ltd. * | 11,743,664 | 1,966,745 |
Pharmaceuticals, Biotechnology & Life Sciences 0.4% | ||
3SBio, Inc. * | 757,627 | 922,334 |
China Medical System Holdings Ltd. | 941,388 | 1,532,911 |
China Traditional Chinese Medicine Holdings Co., Ltd. | 1,426,929 | 722,431 |
CSPC Pharmaceutical Group Ltd. | 3,512,837 | 4,299,152 |
Luye Pharma Group Ltd. | 1,307,024 | 855,359 |
Shanghai Fosun Pharmaceutical Group Co., Ltd., H Shares | 291,803 | 1,003,696 |
Sino Biopharmaceutical Ltd. | 3,131,104 | 2,702,548 |
12,038,431 | ||
Real Estate 1.5% | ||
Beijing North Star Co., Ltd., Class H | 1,552,801 | 556,111 |
China Evergrande Group | 3,236,809 | 2,431,010 |
China Jinmao Holdings Group Ltd. | 3,790,661 | 1,176,883 |
China Overseas Land & Investment Ltd. | 2,910,254 | 8,960,453 |
China Resources Land Ltd. | 2,054,707 | 5,611,603 |
China Vanke Co., Ltd., H Shares | 1,188,848 | 2,986,497 |
Country Garden Holdings Co., Ltd. | 6,120,105 | 4,383,640 |
Fullshare Holdings Ltd. (a) | 5,590,553 | 2,167,816 |
Greentown China Holdings Ltd. * | 657,050 | 600,131 |
Guangzhou R&F Properties Co., Ltd., H Shares | 1,014,480 | 1,401,004 |
Longfor Properties Co., Ltd. | 1,142,000 | 1,827,212 |
Renhe Commercial Holdings Co., Ltd. * | 15,988,000 | 453,125 |
Shenzhen Investment Ltd. | 2,318,620 | 994,661 |
Shimao Property Holdings Ltd. | 1,142,000 | 1,638,900 |
Sino-Ocean Group Holding Ltd. | 3,102,377 | 1,542,706 |
SOHO China Ltd. | 1,484,658 | 768,871 |
Sunac China Holdings Ltd. | 1,459,553 | 1,517,381 |
Yuexiu Property Co., Ltd. | 8,448,577 | 1,371,372 |
40,389,376 | ||
Retailing 0.1% | ||
GOME Electrical Appliances Holding Ltd. | 10,032,615 | 1,395,851 |
Semiconductors & Semiconductor Equipment 0.1% | ||
GCL-Poly Energy Holdings Ltd. * | 9,914,374 | 1,353,856 |
Software & Services 4.1% | ||
Kingsoft Corp., Ltd. | 655,840 | 1,443,069 |
Tencent Holdings Ltd. | 4,009,186 | 106,912,315 |
TravelSky Technology Ltd., H Shares | 730,339 | 1,593,819 |
109,949,203 | ||
Technology Hardware & Equipment 0.5% | ||
China Railway Signal & Communication Corp., Ltd., H shares | 1,406,042 | 1,072,312 |
Kingboard Chemical Holdings Ltd. | 503,065 | 1,778,966 |
Kingboard Laminates Holdings Ltd. | 778,225 | 872,219 |
Security | Number of Shares | Value ($) |
Legend Holdings Corp., H Shares | 318,766 | 756,420 |
Lenovo Group Ltd. | 6,023,023 | 3,615,777 |
Sunny Optical Technology Group Co., Ltd. | 505,638 | 3,253,691 |
ZTE Corp., H Shares | 643,026 | 1,047,073 |
12,396,458 | ||
Telecommunication Services 2.1% | ||
China Communications Services Corp., Ltd., H Shares | 1,953,063 | 1,305,824 |
China Mobile Ltd. | 3,928,105 | 43,316,967 |
China Telecom Corp., Ltd., H Shares | 11,291,944 | 5,309,612 |
China Unicom (Hong Kong) Ltd. | 4,374,320 | 5,319,658 |
55,252,061 | ||
Transportation 0.6% | ||
Air China Ltd., H Shares | 1,655,158 | 1,277,225 |
Anhui Expressway Co., Ltd., Class H | 351,373 | 282,458 |
Beijing Capital International Airport Co., Ltd., H Shares | 1,143,354 | 1,225,477 |
CAR, Inc. * | 715,289 | 677,283 |
China Eastern Airlines Corp., Ltd., H Shares | 1,346,709 | 747,743 |
China Merchants Port Holdings Co., Ltd. | 945,115 | 2,635,990 |
China Southern Airlines Co., Ltd., H Shares | 1,336,388 | 869,411 |
COSCO Shipping Development Co., Ltd. * | 3,847,611 | 902,119 |
COSCO Shipping Energy Transportation Co., Ltd., H Shares | 1,000,007 | 604,195 |
COSCO SHIPPING Holdings Co., Ltd., H Shares *(a) | 2,446,459 | 1,166,113 |
COSCO SHIPPING Ports Ltd. | 1,382,602 | 1,540,687 |
Guangshen Railway Co., Ltd., H shares | 1,159,310 | 724,340 |
Jiangsu Expressway Co., Ltd., H Shares | 1,084,280 | 1,430,351 |
Shenzhen Expressway Co., Ltd., H shares | 539,712 | 498,520 |
Shenzhen International Holdings Ltd. | 612,490 | 877,415 |
Sinotrans Ltd., H Shares | 1,357,080 | 615,388 |
Zhejiang Expressway Co., Ltd., H Shares | 1,110,490 | 1,248,907 |
17,323,622 | ||
Utilities 0.9% | ||
Beijing Enterprises Water Group Ltd. * | 3,053,840 | 2,183,436 |
Beijing Jingneng Clean Energy Co., Ltd., H Shares | 1,661,797 | 505,232 |
CGN Power Co., Ltd., H Shares | 7,138,723 | 2,170,370 |
China Gas Holdings Ltd. | 1,274,560 | 1,891,533 |
China Longyuan Power Group Corp., Ltd., H Shares | 2,573,562 | 2,208,056 |
China Power International Development Ltd. | 2,259,409 | 876,118 |
China Resources Gas Group Ltd. | 645,852 | 1,971,889 |
China Resources Power Holdings Co., Ltd. | 1,549,882 | 2,807,276 |
Datang International Power Generation Co., Ltd., H Shares | 2,332,760 | 682,177 |
ENN Energy Holdings Ltd. | 563,380 | 2,721,660 |
Guangdong Investment Ltd. | 2,125,839 | 2,897,458 |
Huadian Fuxin Energy Corp., Ltd., H Shares | 2,065,013 | 502,789 |
Huadian Power International Corp., Ltd., H Shares | 1,231,324 | 540,914 |
Huaneng Power International, Inc., H Shares | 3,045,329 | 2,075,349 |
Huaneng Renewables Corp., Ltd., H Shares | 3,153,394 | 1,072,466 |
25,106,723 | ||
686,932,528 | ||
Security | Number of Shares | Value ($) |
Colombia 0.5% | ||
Banks 0.1% | ||
Bancolombia S.A. ADR | 81,771 | 3,054,147 |
Diversified Financials 0.1% | ||
Grupo de Inversiones Suramericana S.A. | 178,660 | 2,236,345 |
Energy 0.1% | ||
Ecopetrol S.A. ADR * | 183,307 | 1,653,429 |
Food & Staples Retailing 0.0% | ||
Almacenes Exito S.A. | 180,819 | 961,530 |
Materials 0.1% | ||
Cementos Argos S.A. | 297,228 | 1,189,990 |
Cemex Latam Holdings S.A. * | 127,904 | 470,939 |
Grupo Argos S.A. | 252,639 | 1,708,264 |
3,369,193 | ||
Utilities 0.1% | ||
Interconexion Electrica S.A. ESP | 355,464 | 1,362,327 |
12,636,971 | ||
Czech Republic 0.2% | ||
Banks 0.1% | ||
Komercni Banka A/S * | 63,120 | 2,276,462 |
Moneta Money Bank A/S * | 357,220 | 1,198,289 |
3,474,751 | ||
Utilities 0.1% | ||
CEZ A/S | 131,538 | 2,330,358 |
5,805,109 | ||
Egypt 0.2% | ||
Banks 0.2% | ||
Commercial International Bank Egypt SAE GDR - Reg'd | 868,903 | 3,892,686 |
Telecommunication Services 0.0% | ||
Global Telecom Holding SAE GDR * | 567,605 | 1,067,097 |
Orascom Telecom Media & Technology Holding SAE GDR * | 176,826 | 36,939 |
1,104,036 | ||
4,996,722 | ||
Greece 0.4% | ||
Banks 0.1% | ||
Alpha Bank AE * | 1,066,000 | 1,936,971 |
Eurobank Ergasias S.A. * | 1,360,000 | 910,435 |
National Bank of Greece S.A. * | 3,800,000 | 969,091 |
Piraeus Bank S.A. * | 3,800,000 | 738,932 |
4,555,429 | ||
Consumer Services 0.1% | ||
OPAP S.A. | 160,000 | 1,443,436 |
Energy 0.0% | ||
Motor Oil Hellas Corinth Refineries S.A. | 38,000 | 589,530 |
Materials 0.0% | ||
Titan Cement Co. S.A. | 35,000 | 836,426 |
Retailing 0.1% | ||
FF Group * | 27,000 | 530,769 |
JUMBO S.A. | 70,000 | 992,999 |
1,523,768 |
Security | Number of Shares | Value ($) |
Telecommunication Services 0.1% | ||
Hellenic Telecommunications Organization S.A. | 173,000 | 1,557,038 |
10,505,627 | ||
Hungary 0.3% | ||
Banks 0.1% | ||
OTP Bank plc | 157,822 | 4,594,193 |
Energy 0.1% | ||
MOL Hungarian Oil & Gas plc | 36,726 | 2,524,071 |
Pharmaceuticals, Biotechnology & Life Sciences 0.1% | ||
Richter Gedeon Nyrt | 106,557 | 2,368,434 |
9,486,698 | ||
India 12.2% | ||
Automobiles & Components 1.0% | ||
Bajaj Auto Ltd. | 49,749 | 2,054,944 |
Bharat Forge Ltd. | 68,800 | 1,086,312 |
Bosch Ltd. | 5,739 | 1,856,544 |
Hero MotoCorp Ltd. | 73,089 | 3,437,723 |
Mahindra & Mahindra Ltd. | 253,524 | 4,986,027 |
Maruti Suzuki India Ltd. | 72,775 | 6,460,102 |
Motherson Sumi Systems Ltd. | 268,440 | 1,409,014 |
Tata Motors Ltd. | 934,480 | 6,397,358 |
27,688,024 | ||
Banks 2.4% | ||
Axis Bank Ltd. | 979,871 | 7,440,961 |
Bank of Baroda * | 422,880 | 1,047,712 |
HDFC Bank Ltd. | 257,127 | 5,357,298 |
Housing Development Finance Corp., Ltd. | 1,167,601 | 23,976,345 |
ICICI Bank Ltd. | 1,465,866 | 6,071,638 |
IDFC Bank Ltd. | 1,034,956 | 969,514 |
Indiabulls Housing Finance Ltd. | 261,563 | 3,415,829 |
IndusInd Bank Ltd. | 147,762 | 2,907,015 |
Kotak Mahindra Bank Ltd. | 265,818 | 3,195,693 |
LIC Housing Finance Ltd. | 206,790 | 1,738,159 |
State Bank of India | 1,223,484 | 4,936,572 |
Yes Bank Ltd. | 166,952 | 3,635,128 |
64,691,864 | ||
Capital Goods 0.6% | ||
ABB India Ltd. | 50,592 | 908,580 |
Ashok Leyland Ltd. | 977,646 | 1,328,316 |
Bharat Electronics Ltd. | 47,174 | 1,071,617 |
Bharat Heavy Electricals Ltd. | 527,662 | 1,284,777 |
Crompton Greaves Ltd. * | 316,873 | 327,470 |
Cummins India Ltd. | 85,710 | 1,140,637 |
Eicher Motors Ltd. | 9,591 | 3,468,767 |
Havells India Ltd. | 159,986 | 973,794 |
Larsen & Toubro Ltd. | 179,307 | 3,948,483 |
Siemens Ltd. | 69,662 | 1,260,611 |
15,713,052 | ||
Consumer Durables & Apparel 0.1% | ||
Rajesh Exports Ltd. | 109,294 | 866,898 |
Titan Co., Ltd. | 237,783 | 1,558,164 |
2,425,062 | ||
Diversified Financials 0.3% | ||
Bajaj Finance Ltd. | 121,656 | 2,020,709 |
Bajaj Holdings & Investment Ltd. | 19,894 | 615,646 |
IDFC Ltd. * | 193,377 | 154,339 |
Mahindra & Mahindra Financial Services Ltd. | 202,848 | 886,717 |
Power Finance Corp., Ltd. | 476,301 | 970,896 |
Security | Number of Shares | Value ($) |
Reliance Capital Ltd. | 96,306 | 769,654 |
Rural Electrification Corp., Ltd. | 516,242 | 1,181,142 |
Shriram Transport Finance Co., Ltd. | 122,962 | 1,712,507 |
8,311,610 | ||
Energy 1.8% | ||
Bharat Petroleum Corp., Ltd. | 498,511 | 5,006,498 |
Cairn India Ltd. | 380,286 | 1,619,324 |
Coal India Ltd. | 1,039,340 | 5,014,536 |
Hindustan Petroleum Corp., Ltd. | 283,923 | 2,288,406 |
Indian Oil Corp., Ltd. | 890,996 | 5,142,153 |
Oil & Natural Gas Corp., Ltd. | 2,472,594 | 7,172,955 |
Petronet LNG Ltd. | 83,517 | 508,972 |
Reliance Industries Ltd. | 1,180,958 | 21,914,155 |
The Great Eastern Shipping Co., Ltd. | 55,139 | 305,824 |
48,972,823 | ||
Food, Beverage & Tobacco 0.5% | ||
Britannia Industries Ltd. | 23,134 | 1,119,759 |
ITC Ltd. | 2,152,883 | 8,460,679 |
Nestle India Ltd. | 20,771 | 1,947,084 |
United Breweries Ltd. | 44,087 | 513,830 |
United Spirits Ltd. * | 51,455 | 1,808,594 |
13,849,946 | ||
Household & Personal Products 0.5% | ||
Colgate-Palmolive (India) Ltd. | 49,634 | 669,722 |
Dabur India Ltd. | 431,972 | 1,792,795 |
Emami Ltd. | 34,875 | 543,834 |
Godrej Consumer Products Ltd. | 95,284 | 2,354,867 |
Hindustan Unilever Ltd. | 536,356 | 6,961,022 |
Marico Ltd. | 332,416 | 1,401,036 |
13,723,276 | ||
Insurance 0.1% | ||
Bajaj Finserv Ltd. | 29,927 | 1,755,710 |
Materials 1.1% | ||
Ambuja Cements Ltd. | 660,402 | 2,270,174 |
Asian Paints Ltd. | 208,431 | 3,199,626 |
Castrol India Ltd. | 61,744 | 376,653 |
Hindalco Industries Ltd. | 608,939 | 1,682,554 |
Hindustan Zinc Ltd. | 202,341 | 935,147 |
JSW Steel Ltd. | 1,041,754 | 2,919,058 |
NMDC Ltd. | 686,698 | 1,546,438 |
Pidilite Industries Ltd. | 105,833 | 1,082,064 |
Shree Cement Ltd. | 6,460 | 1,559,961 |
Steel Authority of India Ltd. * | 629,882 | 577,780 |
Tata Steel Ltd. | 223,832 | 1,619,391 |
UltraTech Cement Ltd. | 61,876 | 3,500,576 |
UPL Ltd. | 276,393 | 2,975,672 |
Vedanta Ltd. | 923,273 | 3,585,499 |
27,830,593 | ||
Media 0.1% | ||
Sun TV Network Ltd. | 43,425 | 464,198 |
Zee Entertainment Enterprises Ltd. | 405,509 | 3,096,379 |
3,560,577 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.9% | ||
Aurobindo Pharma Ltd. | 203,344 | 2,063,956 |
Cadila Healthcare Ltd. | 189,680 | 1,251,621 |
Cipla Ltd. | 248,497 | 2,174,017 |
Divi's Laboratories Ltd. | 56,028 | 637,255 |
Dr. Reddy's Laboratories Ltd. | 62,122 | 2,653,596 |
Glenmark Pharmaceuticals Ltd. | 102,406 | 1,420,542 |
Lupin Ltd. | 160,304 | 3,541,795 |
Piramal Enterprises Ltd. | 63,640 | 1,759,671 |
Sun Pharmaceutical Industries Ltd. | 822,110 | 8,366,654 |
Security | Number of Shares | Value ($) |
Torrent Pharmaceuticals Ltd. | 28,850 | 588,924 |
Wockhardt Ltd. | 24,126 | 272,037 |
24,730,068 | ||
Real Estate 0.1% | ||
DLF Ltd. | 453,374 | 1,022,353 |
Software & Services 1.8% | ||
HCL Technologies Ltd. | 426,287 | 5,367,662 |
Infosys Ltd. | 1,405,474 | 21,326,867 |
Oracle Financial Services Software Ltd. | 15,988 | 896,191 |
Tata Consultancy Services Ltd. | 349,790 | 12,929,942 |
Tech Mahindra Ltd. | 368,146 | 2,755,629 |
Wipro Ltd. | 464,423 | 3,402,491 |
46,678,782 | ||
Telecommunication Services 0.4% | ||
Bharti Airtel Ltd. | 970,900 | 5,313,711 |
Bharti Infratel Ltd. | 428,818 | 1,826,946 |
Idea Cellular Ltd. | 1,098,078 | 1,906,695 |
Reliance Communications Ltd. * | 889,780 | 518,781 |
9,566,133 | ||
Transportation 0.1% | ||
Adani Ports & Special Economic Zone Ltd. | 649,193 | 2,936,116 |
InterGlobe Aviation Ltd. | 33,787 | 433,942 |
3,370,058 | ||
Utilities 0.4% | ||
GAIL India Ltd. | 259,392 | 2,009,626 |
NHPC Ltd. | 1,680,214 | 768,098 |
NTPC Ltd. | 1,609,752 | 3,931,565 |
Power Grid Corp. of India Ltd. | 607,331 | 1,749,113 |
Reliance Infrastructure Ltd. | 132,472 | 1,127,085 |
Tata Power Co., Ltd. | 764,496 | 946,471 |
10,531,958 | ||
324,421,889 | ||
Indonesia 2.6% | ||
Automobiles & Components 0.3% | ||
PT Astra International Tbk | 14,694,867 | 9,035,536 |
Banks 1.0% | ||
PT Bank Central Asia Tbk | 9,131,743 | 10,579,291 |
PT Bank Danamon Indonesia Tbk | 2,133,480 | 791,896 |
PT Bank Mandiri (Persero) Tbk | 6,964,677 | 5,901,384 |
PT Bank Negara Indonesia (Persero) Tbk | 5,687,877 | 2,665,659 |
PT Bank Rakyat Indonesia (Persero) Tbk | 8,081,204 | 7,241,331 |
27,179,561 | ||
Energy 0.1% | ||
PT Adaro Energy Tbk | 10,196,232 | 1,295,937 |
PT Tambang Batubara Bukit Asam (Persero) Tbk | 655,964 | 549,670 |
PT United Tractors Tbk | 1,166,255 | 2,155,682 |
4,001,289 | ||
Food, Beverage & Tobacco 0.2% | ||
Indofood CBP Sukses Makmur Tbk PT | 1,738,788 | 1,085,439 |
PT Astra Agro Lestari Tbk | 354,745 | 397,678 |
PT Charoen Pokphand Indonesia Tbk | 5,343,636 | 1,242,147 |
PT Gudang Garam Tbk | 386,180 | 1,906,865 |
PT Indofood Sukses Makmur Tbk | 3,273,552 | 1,994,422 |
6,626,551 | ||
Household & Personal Products 0.1% | ||
PT Unilever Indonesia Tbk | 840,841 | 2,659,153 |
Security | Number of Shares | Value ($) |
Materials 0.1% | ||
PT Indocement Tunggal Prakarsa Tbk | 1,000,609 | 1,136,714 |
PT Semen Indonesia (Persero) Tbk | 2,242,979 | 1,618,827 |
PT Vale Indonesia Tbk * | 1,852,662 | 354,251 |
3,109,792 | ||
Media 0.1% | ||
PT Media Nusantara Citra Tbk | 3,913,328 | 487,112 |
PT Surya Citra Media Tbk | 4,303,750 | 952,014 |
1,439,126 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.1% | ||
PT Kalbe Farma Tbk | 14,768,467 | 1,694,343 |
Real Estate 0.0% | ||
PT Bumi Serpong Damai Tbk | 5,690,937 | 780,925 |
Telecommunication Services 0.5% | ||
PT Telekomunikasi Indonesia (Persero) Tbk | 37,400,639 | 10,797,275 |
PT Tower Bersama Infrastructure Tbk | 1,539,596 | 577,233 |
PT XL Axiata Tbk * | 2,823,309 | 633,001 |
12,007,509 | ||
Transportation 0.0% | ||
PT Jasa Marga Persero Tbk | 1,602,633 | 574,429 |
Utilities 0.1% | ||
PT Perusahaan Gas Negara (Persero) Tbk | 6,825,196 | 1,448,358 |
70,556,572 | ||
Malaysia 3.5% | ||
Automobiles & Components 0.0% | ||
UMW Holdings Berhad | 538,400 | 671,788 |
Banks 1.1% | ||
Alliance Financial Group Berhad | 825,080 | 708,008 |
AMMB Holdings Berhad | 1,550,272 | 1,616,612 |
CIMB Group Holdings Berhad | 4,240,524 | 4,746,713 |
Hong Leong Bank Berhad | 467,807 | 1,430,815 |
Malayan Banking Berhad | 4,048,800 | 7,842,270 |
Public Bank Berhad | 2,368,854 | 10,649,172 |
RHB Capital Berhad | 960,200 | 1,046,705 |
28,040,295 | ||
Capital Goods 0.4% | ||
Gamuda Berhad | 1,862,216 | 2,059,342 |
HAP Seng Consolidated Berhad | 490,734 | 999,152 |
IJM Corp. Berhad | 2,301,136 | 1,736,218 |
Sime Darby Berhad | 2,443,000 | 4,930,018 |
9,724,730 | ||
Consumer Services 0.2% | ||
Berjaya Sports Toto Berhad | 693,700 | 456,217 |
Genting Berhad | 1,724,400 | 3,592,500 |
Genting Malaysia Berhad | 2,225,020 | 2,630,936 |
6,679,653 | ||
Energy 0.1% | ||
Bumi Armada Berhad * | 2,747,300 | 448,602 |
Petronas Dagangan Berhad | 245,900 | 1,356,881 |
SapuraKencana Petroleum Berhad * | 3,473,780 | 1,486,527 |
3,292,010 | ||
Food, Beverage & Tobacco 0.3% | ||
British American Tobacco Malaysia Berhad | 114,200 | 1,247,455 |
Felda Global Ventures Holdings Berhad | 1,376,700 | 582,927 |
IOI Corp. Berhad | 2,797,892 | 2,949,129 |
Security | Number of Shares | Value ($) |
Kuala Lumpur Kepong Berhad | 385,748 | 2,097,288 |
PPB Group Berhad | 462,648 | 1,723,468 |
8,600,267 | ||
Health Care Equipment & Services 0.1% | ||
IHH Healthcare Berhad | 1,958,800 | 2,651,439 |
Materials 0.2% | ||
Lafarge Malaysia Berhad | 342,600 | 509,270 |
Petronas Chemicals Group Berhad | 2,189,400 | 3,575,034 |
4,084,304 | ||
Media 0.0% | ||
Astro Malaysia Holdings Berhad | 1,600,700 | 1,027,476 |
Real Estate 0.1% | ||
IOI Properties Group Berhad | 1,155,400 | 549,075 |
KLCCP Stapled Group | 348,144 | 611,604 |
UEM Sunrise Berhad | 848,300 | 217,807 |
1,378,486 | ||
Telecommunication Services 0.4% | ||
Axiata Group Berhad | 3,389,752 | 3,382,117 |
DiGi.com Berhad | 2,878,200 | 3,267,146 |
Maxis Berhad | 1,979,524 | 2,813,243 |
Telekom Malaysia Berhad | 831,200 | 1,153,196 |
10,615,702 | ||
Transportation 0.1% | ||
AirAsia Berhad | 933,200 | 567,487 |
Malaysia Airports Holdings Berhad | 774,900 | 1,130,935 |
MISC Berhad | 1,088,700 | 1,819,404 |
3,517,826 | ||
Utilities 0.5% | ||
Petronas Gas Berhad | 498,936 | 2,249,707 |
Tenaga Nasional Berhad | 2,637,974 | 8,044,633 |
YTL Corp. Berhad | 2,974,612 | 1,038,434 |
YTL Power International Berhad | 2,335,101 | 783,626 |
12,116,400 | ||
92,400,376 | ||
Mexico 4.3% | ||
Banks 0.5% | ||
Banregio Grupo Financiero S.A.B. de C.V. | 171,974 | 894,675 |
Grupo Elektra S.A.B. de C.V. | 34,260 | 500,120 |
Grupo Financiero Banorte S.A.B. de C.V., O Shares | 1,689,949 | 8,440,130 |
Grupo Financiero Inbursa S.A.B. de C.V., O Shares | 1,616,460 | 2,318,844 |
Grupo Financiero Santander Mexico S.A.B. de C.V., B Shares | 1,184,497 | 1,786,277 |
13,940,046 | ||
Capital Goods 0.2% | ||
Alfa S.A.B. de C.V., A Shares | 2,228,080 | 2,863,007 |
Grupo Carso S.A.B. de C.V., Series A1 | 351,880 | 1,500,432 |
4,363,439 | ||
Consumer Services 0.0% | ||
Alsea S.A.B. de C.V. | 384,954 | 1,090,778 |
Diversified Financials 0.0% | ||
Gentera S.A.B. de C.V. | 913,600 | 1,209,588 |
Food & Staples Retailing 0.3% | ||
Organizacion Soriana S.A.B. de C.V., B Shares * | 132,560 | 276,488 |
Wal-Mart de Mexico S.A.B. de C.V. | 4,086,351 | 7,961,054 |
8,237,542 |
Security | Number of Shares | Value ($) |
Food, Beverage & Tobacco 0.8% | ||
Arca Continental S.A.B. de C.V. | 279,800 | 1,574,586 |
Coca-Cola Femsa S.A.B. de C.V., Series L | 311,872 | 2,058,322 |
Fomento Economico Mexicano S.A.B. de C.V. | 1,629,004 | 13,185,051 |
Gruma S.A.B. de C.V., B Shares | 114,200 | 1,513,242 |
Grupo Bimbo S.A.B. de C.V., Series A | 1,421,516 | 3,371,636 |
Grupo Lala S.A.B. de C.V. | 483,280 | 798,426 |
22,501,263 | ||
Household & Personal Products 0.0% | ||
Kimberly-Clark de Mexico S.A.B. de C.V., A Shares | 583,856 | 1,106,224 |
Materials 0.8% | ||
Alpek S.A.B. de C.V. | 295,781 | 315,417 |
Cemex S.A.B. de C.V., Series CPO * | 9,536,532 | 8,113,762 |
Grupo Mexico S.A.B. de C.V., Series B | 2,899,245 | 8,837,203 |
Industrias CH S.A.B. de C.V., Series B * | 109,085 | 699,761 |
Industrias Penoles S.A.B. de C.V. | 92,265 | 2,202,795 |
Mexichem S.A.B. de C.V. | 854,580 | 2,024,807 |
22,193,745 | ||
Media 0.4% | ||
Grupo Televisa S.A.B., Series CPO | 1,851,255 | 9,474,455 |
Megacable Holdings S.A.B. de C.V., Series CPO | 256,202 | 926,763 |
10,401,218 | ||
Real Estate 0.1% | ||
Concentradora Fibra Danhos S.A. de C.V. | 265,320 | 413,784 |
Fibra Uno Administracion S.A. de C.V. | 2,054,886 | 2,986,832 |
3,400,616 | ||
Retailing 0.1% | ||
El Puerto de Liverpool S.A.B. de C.V., Series C1 | 173,919 | 1,220,571 |
Telecommunication Services 0.6% | ||
America Movil S.A.B. de C.V., Series L | 21,909,064 | 13,972,093 |
Telesites S.A.B. de C.V. * | 1,028,078 | 591,359 |
14,563,452 | ||
Transportation 0.4% | ||
Controladora Vuela Cia de Aviacion S.A.B. de C.V., Series A * | 471,163 | 575,263 |
Grupo Aeromexico S.A.B. de C.V. * | 279,854 | 625,560 |
Grupo Aeroportuario del Centro Norte S.A.B. de C.V. | 155,616 | 751,664 |
Grupo Aeroportuario del Pacifico S.A.B. de C.V., B Shares | 269,768 | 2,345,404 |
Grupo Aeroportuario del Sureste S.A.B. de C.V., B Shares | 174,192 | 2,767,608 |
OHL Mexico S.A.B. de C.V. | 685,200 | 720,749 |
Promotora y Operadora de Infraestructura S.A.B. de C.V. | 152,331 | 1,432,431 |
9,218,679 | ||
Utilities 0.1% | ||
Infraestructura Energetica Nova S.A.B. de C.V. | 394,291 | 1,694,686 |
115,141,847 | ||
Peru 0.3% | ||
Banks 0.2% | ||
Credicorp Ltd. | 39,180 | 6,449,812 |
Security | Number of Shares | Value ($) |
Materials 0.1% | ||
Companhia de Minas Buenaventura S.A. ADR | 155,595 | 1,913,818 |
8,363,630 | ||
Philippines 1.4% | ||
Banks 0.3% | ||
Bank of the Philippine Islands | 1,180,192 | 2,209,261 |
BDO Unibank, Inc. | 1,343,319 | 3,089,781 |
Metropolitan Bank & Trust Co. | 966,273 | 1,558,660 |
6,857,702 | ||
Capital Goods 0.5% | ||
Aboitiz Equity Ventures, Inc. | 1,690,640 | 2,472,917 |
Alliance Global Group, Inc. | 3,540,200 | 895,361 |
DMCI Holdings, Inc. | 3,111,536 | 785,707 |
JG Summit Holdings, Inc. | 2,323,312 | 3,594,968 |
LT Group, Inc. | 2,512,400 | 744,489 |
SM Investments Corp. | 356,917 | 4,712,456 |
13,205,898 | ||
Consumer Services 0.1% | ||
Bloomberry Resorts Corp. * | 2,159,736 | 316,552 |
Jollibee Foods Corp. | 322,358 | 1,295,466 |
1,612,018 | ||
Diversified Financials 0.1% | ||
Ayala Corp. | 182,303 | 2,860,794 |
GT Capital Holdings, Inc. | 31,003 | 746,443 |
3,607,237 | ||
Food, Beverage & Tobacco 0.1% | ||
Universal Robina Corp. | 648,117 | 2,065,094 |
Real Estate 0.2% | ||
Ayala Land, Inc. | 2,272,051 | 1,597,200 |
Megaworld Corp. | 8,709,280 | 631,321 |
SM Prime Holdings, Inc. | 6,674,125 | 3,907,583 |
6,136,104 | ||
Telecommunication Services 0.0% | ||
Globe Telecom, Inc. | 4,984 | 181,435 |
PLDT, Inc. | 30,500 | 886,787 |
1,068,222 | ||
Transportation 0.0% | ||
International Container Terminal Services, Inc. | 381,591 | 577,535 |
Utilities 0.1% | ||
Aboitiz Power Corp. | 1,298,053 | 1,111,546 |
Energy Development Corp. | 6,666,467 | 783,275 |
Manila Electric Co. | 223,944 | 1,301,341 |
3,196,162 | ||
38,325,972 | ||
Poland 1.5% | ||
Banks 0.6% | ||
Alior Bank S.A. * | 66,673 | 1,074,230 |
Bank Handlowy w Warszawie S.A. | 25,619 | 497,508 |
Bank Millennium S.A. * | 479,640 | 805,631 |
Bank Pekao S.A. | 115,838 | 3,992,643 |
Bank Zachodni WBK S.A. | 24,264 | 2,097,818 |
mBank S.A. * | 11,552 | 1,127,219 |
Powszechna Kasa Oszczednosci Bank Polski S.A. * | 659,835 | 5,408,231 |
15,003,280 |
Security | Number of Shares | Value ($) |
Consumer Durables & Apparel 0.1% | ||
CCC S.A. | 18,704 | 1,038,765 |
LPP S.A. | 921 | 1,284,140 |
2,322,905 | ||
Energy 0.3% | ||
Polski Koncern Naftowy Orlen S.A. | 247,786 | 5,748,628 |
Polskie Gornictwo Naftowe i Gazownictwo S.A. | 1,558,268 | 2,398,605 |
8,147,233 | ||
Food & Staples Retailing 0.0% | ||
Eurocash S.A. | 59,631 | 487,581 |
Insurance 0.2% | ||
Powszechny Zaklad Ubezpieczen S.A. | 422,690 | 3,754,954 |
Materials 0.2% | ||
Grupa Azoty S.A. | 26,605 | 454,343 |
KGHM Polska Miedz S.A. | 107,681 | 3,421,096 |
3,875,439 | ||
Media 0.0% | ||
Cyfrowy Polsat S.A. * | 133,343 | 760,581 |
Software & Services 0.0% | ||
Asseco Poland S.A. | 66,864 | 922,183 |
Telecommunication Services 0.0% | ||
Orange Polska S.A. | 551,586 | 642,556 |
Utilities 0.1% | ||
Enea S.A. * | 200,992 | 528,177 |
Energa S.A. | 205,560 | 552,838 |
PGE S.A. | 576,185 | 1,684,415 |
Tauron Polska Energia S.A. * | 829,107 | 612,588 |
3,378,018 | ||
39,294,730 | ||
Qatar 0.6% | ||
Banks 0.3% | ||
Commercial Bank QSC | 66,894 | 569,506 |
Doha Bank QSC | 50,516 | 538,976 |
Masraf Al Rayan QSC | 151,548 | 1,668,953 |
Qatar Islamic Bank SAQ | 25,258 | 707,536 |
Qatar National Bank SAQ | 97,181 | 4,030,026 |
7,514,997 | ||
Capital Goods 0.1% | ||
Aamal Co. * | 126,290 | 534,120 |
Industries Qatar QSC (b) | 63,145 | 2,072,318 |
2,606,438 | ||
Energy 0.0% | ||
Qatar Gas Transport Co., Ltd. | 126,290 | 816,788 |
Insurance 0.1% | ||
Qatar Insurance Co. SAQ | 57,987 | 1,156,157 |
Real Estate 0.0% | ||
Barwa Real Estate Co. | 50,516 | 552,849 |
United Development Co. QSC | 94,837 | 567,785 |
1,120,634 | ||
Telecommunication Services 0.1% | ||
Ooredoo QSC | 50,516 | 1,470,565 |
Vodafone Qatar QSC * | 126,290 | 322,207 |
1,792,772 | ||
Transportation 0.0% | ||
Qatar Navigation QSC | 20,802 | 498,163 |
15,505,949 | ||
Security | Number of Shares | Value ($) |
Russia 4.6% | ||
Banks 0.9% | ||
Sberbank of Russia PJSC * | 7,525,000 | 20,088,560 |
VTB Bank PJSC GDR - Reg’d | 1,340,000 | 3,000,260 |
23,088,820 | ||
Diversified Financials 0.1% | ||
Moscow Exchange MICEX-RTS PJSC * | 1,086,536 | 2,296,300 |
Energy 2.3% | ||
Gazprom PAO * | 1 | 2 |
Gazprom PAO ADR | 4,156,434 | 18,539,774 |
LUKOIL PJSC * | 350,106 | 18,488,988 |
NOVATEK OAO * | 836,639 | 10,795,111 |
Rosneft OJSC * | 663,018 | 3,756,663 |
Surgutneftegas * | 5,613,570 | 2,823,777 |
Tatneft PAO * | 1,142,435 | 6,665,609 |
61,069,924 | ||
Food & Staples Retailing 0.3% | ||
Magnit PJSC GDR - Reg'd | 207,714 | 7,573,253 |
Materials 0.5% | ||
ALROSA PAO * | 2,072,226 | 3,264,568 |
Magnitogorsk Iron & Steel Works OJSC * | 1,433,390 | 907,086 |
MMC Norilsk Nickel PJSC * | 38,266 | 6,097,153 |
Novolipetsk Steel AO * | 802,372 | 1,546,766 |
PhosAgro OAO GDR - Reg'd | 61,858 | 853,640 |
Severstal PAO * | 145,406 | 2,058,558 |
14,727,771 | ||
Real Estate 0.0% | ||
LSR Group PJSC GDR - Reg’d | 169,083 | 607,008 |
Telecommunication Services 0.3% | ||
MegaFon PJSC GDR - Reg'd | 96,584 | 1,115,545 |
Mobile TeleSystems PJSC * | 797,239 | 3,758,614 |
Rostelecom PJSC * | 874,384 | 1,168,015 |
Sistema JSFC * | 2,173,662 | 841,399 |
6,883,573 | ||
Transportation 0.0% | ||
Aeroflot-Russian Airlines PJSC * | 338,859 | 957,959 |
Utilities 0.2% | ||
E.ON Russia JSC * | 11,388,190 | 503,187 |
Federal Grid Co. Unified Energy System PJSC * | 211,930,707 | 776,090 |
Inter RAO PJSC * | 17,392,196 | 1,198,096 |
Rosseti PJSC * | 24,595,951 | 429,322 |
RusHydro PJSC * | 97,456,474 | 1,564,177 |
4,470,872 | ||
121,675,480 | ||
South Africa 8.8% | ||
Banks 0.7% | ||
Barclays Africa Group Ltd. | 328,974 | 3,821,682 |
Capitec Bank Holdings Ltd. | 40,211 | 2,228,821 |
Nedbank Group Ltd. | 171,842 | 3,218,753 |
Standard Bank Group Ltd. | 895,471 | 9,804,312 |
19,073,568 | ||
Capital Goods 0.2% | ||
Barloworld Ltd. | 202,134 | 1,790,462 |
Reunert Ltd. | 133,040 | 713,717 |
The Bidvest Group Ltd. | 289,545 | 3,431,595 |
5,935,774 | ||
Consumer Durables & Apparel 0.4% | ||
Steinhoff International Holdings N.V. | 2,002,306 | 10,689,681 |
Security | Number of Shares | Value ($) |
Consumer Services 0.1% | ||
Sun International Ltd. | 91,360 | 603,479 |
Tsogo Sun Holdings Ltd. | 401,251 | 848,824 |
1,452,303 | ||
Diversified Financials 0.9% | ||
Brait SE * | 251,313 | 1,414,500 |
Coronation Fund Managers Ltd. | 202,321 | 1,041,304 |
FirstRand Ltd. | 2,229,391 | 8,474,413 |
Investec Ltd. | 196,042 | 1,381,886 |
JSE Ltd. | 65,655 | 817,174 |
PSG Group Ltd. | 74,790 | 1,437,649 |
Remgro Ltd. | 390,386 | 6,664,617 |
RMB Holdings Ltd. | 505,936 | 2,452,707 |
23,684,250 | ||
Energy 0.0% | ||
Exxaro Resources Ltd. | 103,922 | 857,436 |
Food & Staples Retailing 0.6% | ||
Bid Corp., Ltd. | 258,092 | 5,188,872 |
Clicks Group Ltd. | 214,768 | 2,109,915 |
Massmart Holdings Ltd. | 90,278 | 1,034,125 |
Pick n Pay Stores Ltd. | 268,898 | 1,427,750 |
Shoprite Holdings Ltd. | 331,510 | 4,796,504 |
The SPAR Group Ltd. | 145,034 | 1,979,248 |
16,536,414 | ||
Food, Beverage & Tobacco 0.3% | ||
AVI Ltd. | 244,420 | 1,779,893 |
Pioneer Foods Group Ltd. | 114,395 | 1,432,037 |
Tiger Brands Ltd. | 121,802 | 3,892,449 |
7,104,379 | ||
Health Care Equipment & Services 0.2% | ||
Life Healthcare Group Holdings Ltd. | 750,375 | 1,922,406 |
Netcare Ltd. | 1,097,912 | 2,669,235 |
4,591,641 | ||
Insurance 0.4% | ||
Discovery Ltd. | 264,395 | 2,486,283 |
Liberty Holdings Ltd. | 53,588 | 455,457 |
MMI Holdings Ltd. | 1,025,592 | 1,928,866 |
Sanlam Ltd. | 1,263,164 | 6,544,696 |
11,415,302 | ||
Materials 1.1% | ||
AECI Ltd. | 86,844 | 726,754 |
African Rainbow Minerals Ltd. | 86,904 | 674,370 |
Anglo American Platinum Ltd. * | 44,963 | 1,043,293 |
AngloGold Ashanti Ltd. * | 318,618 | 3,546,939 |
Gold Fields Ltd. | 623,657 | 1,919,128 |
Harmony Gold Mining Co., Ltd. | 315,964 | 770,585 |
Impala Platinum Holdings Ltd. * | 446,522 | 1,503,427 |
Kumba Iron Ore Ltd. * | 43,598 | 714,967 |
Mondi Ltd. | 89,902 | 2,065,615 |
Nampak Ltd. * | 596,153 | 758,865 |
Northam Platinum Ltd. * | 262,203 | 1,086,900 |
Sappi Ltd. | 427,137 | 2,671,566 |
Sasol Ltd. | 419,583 | 11,965,173 |
Sibanye Gold Ltd. | 525,679 | 1,057,386 |
30,504,968 | ||
Media 1.9% | ||
Naspers Ltd., N Shares | 317,054 | 50,846,687 |
Pharmaceuticals, Biotechnology & Life Sciences 0.2% | ||
Aspen Pharmacare Holdings Ltd. | 272,321 | 5,899,664 |
Real Estate 0.6% | ||
Fortress Income Fund Ltd. | 491,267 | 1,309,294 |
Fortress Income Fund Ltd., A Shares | 938,578 | 1,248,567 |
Growthpoint Properties Ltd. | 2,128,293 | 4,308,654 |
Security | Number of Shares | Value ($) |
Hyprop Investments Ltd. | 206,321 | 1,978,820 |
New Europe Property Investments plc | 213,096 | 2,406,291 |
Redefine Properties Ltd. | 3,582,469 | 2,977,174 |
Resilient REIT Ltd. | 205,987 | 1,889,789 |
16,118,589 | ||
Retailing 0.5% | ||
Imperial Holdings Ltd. | 130,569 | 1,668,049 |
Mr Price Group Ltd. | 176,059 | 2,288,229 |
Super Group Ltd. * | 220,052 | 585,459 |
The Foschini Group Ltd. | 142,324 | 1,766,754 |
Truworths International Ltd. | 312,172 | 2,080,669 |
Woolworths Holdings Ltd. | 722,120 | 3,864,557 |
12,253,717 | ||
Software & Services 0.0% | ||
EOH Holdings Ltd. | 85,786 | 923,446 |
Telecommunication Services 0.7% | ||
MTN Group Ltd. | 1,279,644 | 11,719,308 |
Telkom S.A. SOC Ltd. | 251,240 | 1,309,406 |
Vodacom Group Ltd. | 376,120 | 4,262,406 |
17,291,120 | ||
Transportation 0.0% | ||
Grindrod Ltd. | 341,458 | 355,816 |
235,534,755 | ||
Taiwan 14.7% | ||
Automobiles & Components 0.1% | ||
Cheng Shin Rubber Industry Co., Ltd. | 1,444,277 | 3,069,679 |
Yulon Motor Co., Ltd. | 588,192 | 547,539 |
3,617,218 | ||
Banks 1.6% | ||
Chang Hwa Commercial Bank Ltd. | 4,409,019 | 2,633,343 |
China Development Financial Holding Corp. | 10,413,308 | 2,745,384 |
CTBC Financial Holding Co., Ltd. | 13,953,792 | 8,334,079 |
E.Sun Financial Holding Co., Ltd. | 6,565,945 | 3,985,707 |
Far Eastern International Bank | 1,829,474 | 556,759 |
First Financial Holding Co., Ltd. | 7,372,902 | 4,355,564 |
Hua Nan Financial Holdings Co., Ltd. | 6,191,745 | 3,405,878 |
Mega Financial Holding Co., Ltd. | 8,159,901 | 6,347,637 |
SinoPac Financial Holdings Co., Ltd. | 7,908,370 | 2,406,733 |
Taishin Financial Holding Co., Ltd. | 7,041,523 | 2,784,660 |
Taiwan Business Bank | 3,157,000 | 864,171 |
Taiwan Cooperative Financial Holding Co., Ltd. | 6,392,213 | 3,048,023 |
41,467,938 | ||
Capital Goods 0.2% | ||
Far Eastern New Century Corp. | 2,914,799 | 2,608,979 |
Taiwan Glass Industry Corp. * | 1,199,311 | 685,075 |
Teco Electric & Machinery Co., Ltd. | 1,317,000 | 1,187,394 |
Walsin Lihwa Corp. | 2,860,000 | 1,321,855 |
5,803,303 | ||
Commercial & Professional Services 0.0% | ||
Taiwan Secom Co., Ltd. | 150,000 | 439,403 |
Consumer Durables & Apparel 0.3% | ||
Eclat Textile Co., Ltd. | 142,069 | 1,428,852 |
Feng TAY Enterprise Co., Ltd. | 241,200 | 1,020,587 |
Formosa Taffeta Co., Ltd. | 656,000 | 666,174 |
Giant Manufacturing Co., Ltd. | 202,752 | 1,253,857 |
Pou Chen Corp. | 1,880,792 | 2,552,737 |
6,922,207 |
Security | Number of Shares | Value ($) |
Diversified Financials 0.5% | ||
Capital Securities Corp. | 1,579,789 | 519,338 |
Fubon Financial Holding Co., Ltd. | 5,367,114 | 8,690,869 |
Yuanta Financial Holding Co., Ltd. | 8,540,700 | 3,613,817 |
12,824,024 | ||
Energy 0.1% | ||
Formosa Petrochemical Corp. | 996,660 | 3,471,044 |
Food & Staples Retailing 0.1% | ||
President Chain Store Corp. | 407,400 | 2,990,177 |
Food, Beverage & Tobacco 0.3% | ||
Uni-President Enterprises Corp. | 3,756,676 | 6,676,144 |
Insurance 0.4% | ||
Cathay Financial Holding Co., Ltd. | 6,043,189 | 9,490,581 |
Shin Kong Financial Holding Co., Ltd. * | 5,958,308 | 1,607,707 |
11,098,288 | ||
Materials 1.7% | ||
Asia Cement Corp. | 1,736,286 | 1,718,004 |
China Steel Corp. | 9,313,956 | 7,821,377 |
Eternal Materials Co., Ltd. | 561,600 | 614,180 |
Formosa Chemicals & Fibre Corp. | 3,199,008 | 10,120,708 |
Formosa Plastics Corp. | 3,637,560 | 10,963,531 |
Nan Ya Plastics Corp. | 4,212,816 | 10,229,176 |
Taiwan Cement Corp. | 2,473,246 | 3,030,830 |
Taiwan Fertilizer Co., Ltd. | 483,508 | 668,839 |
45,166,645 | ||
Pharmaceuticals, Biotechnology & Life Sciences 0.0% | ||
OBI Pharma, Inc. * | 86,666 | 985,883 |
Real Estate 0.0% | ||
Cathay Real Estate Development Co., Ltd. * | 525,893 | 358,600 |
Retailing 0.1% | ||
Hotai Motor Co., Ltd. | 293,160 | 3,353,971 |
Semiconductors & Semiconductor Equipment 5.1% | ||
Advanced Semiconductor Engineering, Inc. | 4,965,524 | 6,165,793 |
Epistar Corp. * | 643,828 | 605,616 |
MediaTek, Inc. | 1,016,713 | 7,412,688 |
Nanya Technology Corp. | 500,000 | 740,475 |
Novatek Microelectronics Corp. | 359,608 | 1,346,035 |
Realtek Semiconductor Corp. | 277,336 | 1,033,573 |
Siliconware Precision Industries Co., Ltd. ADR | 354,740 | 2,781,162 |
Taiwan Semiconductor Manufacturing Co., Ltd. ADR | 3,498,498 | 110,097,732 |
United Microelectronics Corp. ADR (a) | 1,846,983 | 3,767,845 |
Vanguard International Semiconductor Corp. | 520,000 | 1,027,357 |
134,978,276 | ||
Technology Hardware & Equipment 3.5% | ||
Acer, Inc. * | 2,284,086 | 1,096,563 |
Advantech Co., Ltd. | 245,516 | 2,089,685 |
Asustek Computer, Inc. | 510,426 | 4,610,256 |
AU Optronics Corp. ADR | 706,204 | 2,747,134 |
Catcher Technology Co., Ltd. | 538,224 | 4,502,207 |
Chicony Electronics Co., Ltd. | 353,511 | 833,049 |
Compal Electronics, Inc. | 3,429,638 | 2,148,861 |
Delta Electronics, Inc. | 1,607,148 | 8,945,020 |
Foxconn Technology Co., Ltd. | 798,315 | 2,382,720 |
Hon Hai Precision Industry Co., Ltd. | 11,194,365 | 32,610,076 |
HTC Corp. * | 528,778 | 1,357,937 |
Innolux Corp. | 6,301,029 | 2,563,603 |
Inventec Corp. | 2,327,145 | 1,726,981 |
Largan Precision Co., Ltd. | 73,256 | 10,872,699 |
Lite-On Technology Corp. | 1,573,107 | 2,636,907 |
Security | Number of Shares | Value ($) |
Pegatron Corp. | 1,398,657 | 3,673,788 |
Quanta Computer, Inc. | 1,945,000 | 4,032,630 |
Synnex Technology International Corp. | 933,956 | 1,025,958 |
Unimicron Technology Corp. | 773,348 | 361,207 |
Wistron Corp. | 1,965,468 | 1,647,299 |
91,864,580 | ||
Telecommunication Services 0.6% | ||
Chunghwa Telecom Co., Ltd. ADR | 281,685 | 9,258,986 |
Far EasTone Telecommunications Co., Ltd. | 1,226,280 | 2,953,593 |
Taiwan Mobile Co., Ltd. | 1,234,524 | 4,339,629 |
16,552,208 | ||
Transportation 0.1% | ||
China Airlines Ltd. | 2,511,872 | 825,749 |
Eva Airways Corp. | 1,717,958 | 852,730 |
Evergreen Marine Corp., Ltd. * | 1,300,380 | 615,833 |
U-Ming Marine Transport Corp. | 351,576 | 383,348 |
2,677,660 | ||
391,247,569 | ||
Thailand 3.7% | ||
Banks 0.8% | ||
Bangkok Bank PCL NVDR | 314,800 | 1,600,808 |
Kasikornbank PCL NVDR | 1,496,000 | 8,207,417 |
Krung Thai Bank PCL NVDR | 4,613,900 | 2,590,779 |
The Siam Commercial Bank PCL NVDR | 1,857,300 | 8,194,244 |
TMB Bank PCL NVDR | 16,730,800 | 1,169,534 |
21,762,782 | ||
Capital Goods 0.0% | ||
Berli Jucker PCL NVDR | 845,250 | 1,113,907 |
Consumer Services 0.1% | ||
Minor International PCL NVDR | 2,602,380 | 2,553,509 |
Energy 0.7% | ||
Banpu PCL NVDR | 3,053,400 | 1,714,533 |
IRPC PCL NVDR | 9,263,900 | 1,316,381 |
PTT Exploration & Production PCL NVDR | 1,029,904 | 2,744,011 |
PTT PCL NVDR | 1,045,100 | 11,886,514 |
Thai Oil PCL NVDR | 712,500 | 1,536,022 |
19,197,461 | ||
Food & Staples Retailing 0.3% | ||
CP ALL PCL NVDR | 3,925,900 | 6,748,335 |
Food, Beverage & Tobacco 0.1% | ||
Charoen Pokphand Foods PCL NVDR | 3,220,900 | 2,583,696 |
Thai Union Group PCL NVDR | 2,190,500 | 1,273,930 |
3,857,626 | ||
Health Care Equipment & Services 0.2% | ||
Bangkok Dusit Medical Services PCL NVDR | 6,444,800 | 3,711,177 |
Bumrungrad Hospital PCL NVDR | 263,800 | 1,330,128 |
5,041,305 | ||
Materials 0.5% | ||
Indorama Ventures PCL NVDR | 1,147,900 | 1,167,451 |
PTT Global Chemical PCL NVDR | 1,570,914 | 3,206,590 |
The Siam Cement PCL NVDR | 628,500 | 9,290,971 |
13,665,012 | ||
Media 0.0% | ||
BEC World PCL NVDR | 868,600 | 390,684 |
Real Estate 0.2% | ||
Central Pattana PCL NVDR | 1,772,200 | 2,792,425 |
Land & Houses PCL NVDR | 4,723,100 | 1,326,048 |
4,118,473 |
Security | Number of Shares | Value ($) |
Retailing 0.1% | ||
Home Product Center PCL NVDR | 4,302,019 | 1,213,989 |
Technology Hardware & Equipment 0.1% | ||
Delta Electronics Thailand PCL NVDR | 460,500 | 1,220,331 |
Telecommunication Services 0.3% | ||
Advanced Info Service PCL NVDR | 915,900 | 4,381,983 |
Intouch Holdings PCL NVDR | 1,375,600 | 2,088,691 |
Total Access Communication PCL NVDR | 497,000 | 619,372 |
True Corp. PCL NVDR | 7,822,866 | 1,400,722 |
8,490,768 | ||
Transportation 0.2% | ||
Airports of Thailand PCL NVDR | 3,127,900 | 3,472,408 |
Bangkok Expressway & Metro PCL NVDR | 6,066,700 | 1,225,315 |
BTS Group Holdings PCL NVDR | 5,714,500 | 1,342,450 |
6,040,173 | ||
Utilities 0.1% | ||
Electricity Generating PCL NVDR | 228,400 | 1,354,480 |
Glow Energy PCL NVDR | 347,100 | 775,632 |
Ratchaburi Electricity Generating Holding PCL NVDR | 693,400 | 1,032,983 |
3,163,095 | ||
98,577,450 | ||
Turkey 1.3% | ||
Automobiles & Components 0.1% | ||
Ford Otomotiv Sanayi A/S | 51,445 | 519,328 |
Tofas Turk Otomobil Fabrikasi | 101,152 | 757,887 |
1,277,215 | ||
Banks 0.5% | ||
Akbank T.A.S. | 1,531,760 | 3,669,367 |
Turkiye Garanti Bankasi A/S | 1,627,379 | 3,867,021 |
Turkiye Halk Bankasi A/S | 446,576 | 1,387,394 |
Turkiye Is Bankasi, C Shares | 1,102,361 | 1,923,571 |
Turkiye Vakiflar Bankasi T.A.O., Class D | 799,479 | 1,168,056 |
Yapi ve Kredi Bankasi A/S * | 743,759 | 789,357 |
12,804,766 | ||
Capital Goods 0.1% | ||
Enka Insaat ve Sanayi A/S | 535,102 | 831,948 |
KOC Holding A/S | 529,237 | 2,163,575 |
Turkiye Sise ve Cam Fabrikalari A/S | 505,638 | 546,395 |
3,541,918 | ||
Consumer Durables & Apparel 0.0% | ||
Arcelik A/S | 132,771 | 764,213 |
Diversified Financials 0.1% | ||
Haci Omer Sabanci Holding A/S | 677,252 | 1,880,011 |
Energy 0.1% | ||
Tupras-Turkiye Petrol Rafinerileri A/S | 88,000 | 2,065,608 |
Food & Staples Retailing 0.1% | ||
BIM Birlesik Magazalar A/S | 179,451 | 2,592,136 |
Food, Beverage & Tobacco 0.1% | ||
Anadolu Efes Biracilik Ve Malt Sanayii A/S | 149,030 | 813,429 |
Coca-Cola Icecek A/S | 50,258 | 485,733 |
Ulker Biskuvi Sanayi A/S | 101,152 | 515,017 |
1,814,179 | ||
Materials 0.1% | ||
Eregli Demir ve Celik Fabrikalari T.A.S. | 1,035,381 | 1,695,381 |
Koza Altin Isletmeleri A/S * | 1,423 | 7,386 |
Petkim Petrokimya Holding A/S | 483,426 | 575,698 |
2,278,465 |
Security | Number of Shares | Value ($) |
Real Estate 0.0% | ||
Emlak Konut Gayrimenkul Yatirim Ortakligi A/S | 1,334,704 | 1,151,622 |
Telecommunication Services 0.1% | ||
Turk Telekomunikasyon A/S | 366,071 | 581,257 |
Turkcell Iletisim Hizmetleri A/S * | 670,354 | 2,195,337 |
2,776,594 | ||
Transportation 0.0% | ||
TAV Havalimanlari Holding A/S | 143,114 | 598,478 |
Turk Hava Yollari Anonim Ortakligi * | 419,557 | 631,487 |
1,229,965 | ||
34,176,692 | ||
United Arab Emirates 1.1% | ||
Banks 0.3% | ||
Abu Dhabi Commercial Bank PJSC | 1,370,850 | 2,646,515 |
Dubai Islamic Bank PJSC | 940,151 | 1,599,985 |
First Gulf Bank PJSC | 832,642 | 3,094,776 |
Union National Bank PJSC | 765,262 | 912,688 |
8,253,964 | ||
Capital Goods 0.0% | ||
Arabtec Holding PJSC * | 1,810,133 | 453,457 |
Consumer Services 0.0% | ||
DXB Entertainments PJSC * | 2,382,816 | 700,733 |
Diversified Financials 0.1% | ||
Al Waha Capital PJSC | 678,972 | 408,585 |
Dubai Financial Market PJSC | 1,319,650 | 524,626 |
Dubai Investments PJSC | 1,036,533 | 711,249 |
1,644,460 | ||
Energy 0.0% | ||
Dana Gas PJSC * | 2,833,083 | 354,859 |
Real Estate 0.4% | ||
Aldar Properties PJSC | 2,430,763 | 1,588,517 |
DAMAC Properties Dubai Co. PJSC | 1,359,528 | 1,088,363 |
Deyaar Development PJSC * | 1,682,310 | 272,559 |
Emaar Malls PJSC | 1,654,060 | 1,180,024 |
Emaar Properties PJSC | 2,605,056 | 5,284,593 |
9,414,056 | ||
Telecommunication Services 0.2% | ||
Emirates Telecommunications Group Co. PJSC | 1,286,884 | 6,167,232 |
Transportation 0.1% | ||
Air Arabia PJSC | 1,715,744 | 574,640 |
DP World Ltd. | 124,112 | 2,627,451 |
3,202,091 | ||
30,190,852 | ||
Total Common Stock | ||
(Cost $2,419,418,416) | 2,588,688,968 | |
Preferred Stock 2.8% of net assets | ||
Brazil 2.4% | ||
Banks 1.2% | ||
Banco Bradesco S.A. | 2,036,240 | 21,874,362 |
Itausa - Investimentos Itau S.A. | 2,902,418 | 9,366,852 |
31,241,214 | ||
Energy 0.6% | ||
Petroleo Brasileiro S.A. * | 3,259,980 | 15,906,942 |
Food & Staples Retailing 0.1% | ||
Cia Brasileira de Distribuicao | 114,200 | 2,108,901 |
Security | Number of Shares | Value ($) |
Materials 0.2% | ||
Braskem S.A., A Shares | 122,721 | 1,275,336 |
Gerdau S.A. | 654,835 | 2,725,848 |
Suzano Papel e Celulose S.A., A Shares | 228,400 | 987,457 |
4,988,641 | ||
Retailing 0.1% | ||
Lojas Americanas S.A. | 457,971 | 2,414,248 |
Telecommunication Services 0.1% | ||
Telefonica Brasil S.A. | 294,045 | 4,339,314 |
Utilities 0.1% | ||
Centrais Eletricas Brasileiras S.A., B Shares * | 121,179 | 958,214 |
Companhia Energetica de Minas Gerais | 635,551 | 2,183,877 |
Companhia Paranaense de Energia - Copel, B Shares | 93,872 | 1,016,871 |
4,158,962 | ||
65,158,222 | ||
Colombia 0.1% | ||
Banks 0.1% | ||
Grupo Aval Acciones y Valores S.A. | 2,928,138 | 1,137,248 |
Diversified Financials 0.0% | ||
Grupo de Inversiones Suramericana S.A. | 72,115 | 876,036 |
2,013,284 | ||
Russia 0.3% | ||
Energy 0.3% | ||
AK Transneft OAO * | 950 | 3,006,738 |
Surgutneftegas OAO * | 6,981,145 | 3,800,214 |
6,806,952 | ||
Total Preferred Stock | ||
(Cost $69,069,986) | 73,978,458 | |
Rights 0.0% of net assets | ||
Brazil 0.0% | ||
Banks 0.0% | ||
Itausa - Investimentos Itau S.A. expires 03/31/17 *(b) | 47,060 | 59,600 |
Malaysia 0.0% | ||
Real Estate 0.0% | ||
IOI Properties Group Berhad expires 03/17/17 *(b) | 288,850 | 47,491 |
Total Rights | ||
(Cost $—) | 107,091 | |
Other Investment Companies 0.3% of net assets | ||
United States 0.3% | ||
Money Market Fund 0.2% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 0.46% (c) | 4,844,444 | 4,844,444 |
Security | Number of Shares | Value ($) |
Securities Lending Collateral 0.1% | ||
Wells Fargo Government Money Market Fund, Select Class 0.48% (c) | 4,163,960 | 4,163,960 |
Total Other Investment Companies | ||
(Cost $9,008,404) | 9,008,404 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $3,878,198. |
(b) | Fair-valued by management in accordance with procedures approved by the Board of Trustees. |
(c) | The rate shown is the 7-day yield. |
ADR — | American Depositary Receipt |
GDR — | Global Depositary Receipt |
NVDR — | Non-Voting Depositary Receipt |
Reg'd — | Registered |
REIT — | Real Estate Investment Trust |
Number of Contracts | Contract Value ($) | Unrealized Appreciation ($) | ||||
Futures Contracts | ||||||
MSCI Emerging Markets Index, e-mini, Long, expires 03/17/17 | 115 | 5,352,100 | 42,234 |
Table of Contents
Holdings by Category | Cost ($) | Value ($) | |
99.6% | Common Stock | 6,647,355,253 | 8,382,862,625 |
0.0% | Rights | 39,531 | 52,592 |
0.5% | Other Investment Companies | 42,370,809 | 42,370,809 |
100.1% | Total Investments | 6,689,765,593 | 8,425,286,026 |
(0.1%) | Other Assets and Liabilities, Net | (11,009,512) | |
100.0% | Net Assets | 8,414,276,514 |
Security | Number of Shares | Value ($) |
Common Stock 99.6% of net assets | ||
Automobiles & Components 1.0% | ||
Adient plc * | 31,664 | 2,125,604 |
American Axle & Manufacturing Holdings, Inc. * | 26,738 | 529,947 |
Autoliv, Inc. | 29,870 | 3,127,389 |
BorgWarner, Inc. | 76,518 | 3,228,294 |
Cooper Tire & Rubber Co. | 18,246 | 738,051 |
Cooper-Standard Holding, Inc. * | 7,238 | 810,656 |
Dana, Inc. | 50,600 | 955,834 |
Delphi Automotive plc | 92,277 | 7,025,048 |
Dorman Products, Inc. * | 11,772 | 920,100 |
Ford Motor Co. | 1,328,041 | 16,640,354 |
General Motors Co. | 469,106 | 17,281,865 |
Gentex Corp. | 89,490 | 1,881,975 |
Gentherm, Inc. * | 18,084 | 655,545 |
Harley-Davidson, Inc. | 62,823 | 3,541,961 |
LCI Industries | 11,896 | 1,281,199 |
Lear Corp. | 24,712 | 3,508,857 |
Modine Manufacturing Co. * | 39,513 | 448,473 |
Standard Motor Products, Inc. | 6,854 | 328,786 |
Tenneco, Inc. * | 18,158 | 1,167,741 |
Tesla, Inc. *(a) | 41,205 | 10,300,838 |
The Goodyear Tire & Rubber Co. | 88,736 | 3,110,197 |
Thor Industries, Inc. | 14,715 | 1,630,716 |
Visteon Corp. * | 11,832 | 1,096,471 |
Winnebago Industries, Inc. | 16,805 | 554,565 |
82,890,466 | ||
Banks 7.0% | ||
1st Source Corp. | 11,816 | 551,925 |
Ameris Bancorp | 12,208 | 589,646 |
Associated Banc-Corp. | 62,123 | 1,599,667 |
Astoria Financial Corp. | 26,516 | 490,281 |
BancorpSouth, Inc. | 29,700 | 920,700 |
Bank of America Corp. | 3,422,830 | 84,475,444 |
Bank of Hawaii Corp. | 14,715 | 1,242,829 |
Bank of the Ozarks, Inc. | 37,388 | 2,046,245 |
BankUnited, Inc. | 32,898 | 1,303,748 |
Banner Corp. | 12,628 | 733,939 |
BB&T Corp. | 275,040 | 13,262,429 |
Beneficial Bancorp, Inc. | 28,385 | 462,676 |
Berkshire Hills Bancorp, Inc. | 12,208 | 431,553 |
BNC Bancorp | 15,785 | 567,471 |
Bofl Holding, Inc. * | 16,104 | 507,920 |
Security | Number of Shares | Value ($) |
BOK Financial Corp. | 10,254 | 845,545 |
Boston Private Financial Holdings, Inc. | 24,073 | 414,056 |
Brookline Bancorp, Inc. | 26,517 | 420,294 |
Bryn Mawr Bank Corp. | 11,916 | 489,152 |
Capital Bank Financial Corp., Class A | 6,670 | 272,136 |
Capitol Federal Financial, Inc. | 50,643 | 764,203 |
Cardinal Financial Corp. | 15,085 | 471,255 |
Cathay General Bancorp | 23,632 | 928,265 |
CenterState Banks, Inc. | 24,116 | 595,906 |
Central Pacific Financial Corp. | 12,316 | 388,939 |
Chemical Financial Corp. | 28,109 | 1,497,366 |
CIT Group, Inc. | 75,541 | 3,240,709 |
Citigroup, Inc. | 967,499 | 57,866,115 |
Citizens Financial Group, Inc. | 174,052 | 6,504,323 |
City Holding Co. | 5,886 | 385,533 |
CoBiz Financial, Inc. | 26,593 | 453,411 |
Columbia Banking System, Inc. | 20,601 | 821,774 |
Comerica, Inc. | 61,997 | 4,419,146 |
Commerce Bancshares, Inc. | 32,428 | 1,913,901 |
Community Bank System, Inc. | 14,735 | 875,406 |
Community Trust Bancorp, Inc. | 9,531 | 437,473 |
Cullen/Frost Bankers, Inc. | 18,158 | 1,679,070 |
Customers Bancorp, Inc. * | 13,108 | 449,998 |
CVB Financial Corp. | 29,644 | 704,045 |
Eagle Bancorp, Inc. * | 9,344 | 581,664 |
East West Bancorp, Inc. | 50,031 | 2,707,678 |
Enterprise Financial Services Corp. | 12,704 | 558,341 |
Essent Group Ltd. * | 26,700 | 929,427 |
EverBank Financial Corp. | 32,761 | 636,874 |
F.N.B. Corp. | 63,031 | 981,393 |
FCB Financial Holdings, Inc., Class A * | 9,975 | 484,785 |
Fifth Third Bancorp | 265,866 | 7,295,363 |
First BanCorp (Puerto Rico) * | 47,320 | 301,902 |
First Busey Corp. | 17,806 | 550,562 |
First Citizens BancShares, Inc., Class A | 3,451 | 1,229,557 |
First Commonwealth Financial Corp. | 38,434 | 535,386 |
First Financial Bancorp | 24,122 | 669,385 |
First Financial Bankshares, Inc. (a) | 32,626 | 1,435,544 |
First Financial Corp. | 3,628 | 168,521 |
First Horizon National Corp. | 79,737 | 1,589,956 |
First Interstate BancSystem, Inc., Class A | 12,116 | 531,287 |
First Merchants Corp. | 15,240 | 611,429 |
First Midwest Bancorp, Inc. | 29,430 | 718,975 |
First Republic Bank | 51,822 | 4,862,458 |
Flagstar Bancorp, Inc. * | 6,170 | 175,228 |
Flushing Financial Corp. | 17,762 | 496,270 |
Fulton Financial Corp. | 70,952 | 1,356,957 |
German American Bancorp, Inc. | 4,568 | 216,752 |
Glacier Bancorp, Inc. | 21,236 | 784,033 |
Great Southern Bancorp, Inc. | 3,152 | 157,758 |
Great Western Bancorp, Inc. | 21,970 | 938,998 |
Hancock Holding Co. | 26,487 | 1,256,808 |
Hanmi Financial Corp. | 12,628 | 421,775 |
Heartland Financial USA, Inc. | 9,331 | 462,351 |
Hilltop Holdings, Inc. | 21,461 | 609,063 |
Home BancShares, Inc. | 47,088 | 1,325,056 |
Hope Bancorp, Inc. | 44,658 | 955,681 |
Huntington Bancshares, Inc. | 363,953 | 5,146,295 |
IBERIABANK Corp. | 12,277 | 1,040,476 |
Security | Number of Shares | Value ($) |
Independent Bank Corp. | 11,988 | 779,220 |
International Bancshares Corp. | 32,409 | 1,233,162 |
Investors Bancorp, Inc. | 110,030 | 1,609,739 |
JPMorgan Chase & Co. | 1,214,997 | 110,103,028 |
KeyCorp | 360,013 | 6,757,444 |
Lakeland Bancorp, Inc. | 12,463 | 245,521 |
Lakeland Financial Corp. | 9,975 | 452,765 |
LegacyTexas Financial Group, Inc. | 15,520 | 660,997 |
LendingTree, Inc. * | 3,177 | 376,157 |
M&T Bank Corp. | 53,021 | 8,852,916 |
MainSource Financial Group, Inc. | 16,805 | 575,571 |
MB Financial, Inc. | 26,804 | 1,206,716 |
Meridian Bancorp, Inc. | 25,416 | 484,175 |
MGIC Investment Corp. * | 110,062 | 1,172,160 |
National Bank Holdings Corp., Class A | 4,248 | 140,142 |
Nationstar Mortgage Holdings, Inc. * | 22,414 | 407,038 |
New York Community Bancorp, Inc. | 163,140 | 2,492,779 |
NMI Holdings, Inc., Class A * | 41,178 | 457,076 |
Northfield Bancorp, Inc. | 17,949 | 336,723 |
Northwest Bancshares, Inc. | 44,145 | 800,790 |
Old National Bancorp | 44,500 | 816,575 |
Opus Bank | 9,903 | 213,905 |
Oritani Financial Corp. | 20,601 | 354,337 |
PacWest Bancorp | 39,028 | 2,150,443 |
Park National Corp. | 7,456 | 801,147 |
People's United Financial, Inc. | 109,648 | 2,105,242 |
PHH Corp. * | 17,846 | 225,217 |
Pinnacle Financial Partners, Inc. | 16,387 | 1,137,258 |
Popular, Inc. | 32,383 | 1,426,795 |
PrivateBancorp, Inc. | 26,487 | 1,499,164 |
Prosperity Bancshares, Inc. | 23,994 | 1,788,513 |
Provident Financial Services, Inc. | 23,544 | 625,093 |
Radian Group, Inc. | 70,642 | 1,314,648 |
Regions Financial Corp. | 448,066 | 6,841,968 |
Renasant Corp. | 13,500 | 554,040 |
S&T Bancorp, Inc. | 8,888 | 316,324 |
Sandy Spring Bancorp, Inc. | 6,292 | 270,934 |
ServisFirst Bancshares, Inc. | 15,630 | 649,739 |
Signature Bank * | 21,391 | 3,369,296 |
Simmons First National Corp., Class A | 16,194 | 931,155 |
South State Corp. | 6,982 | 624,889 |
Southside Bancshares, Inc. | 15,741 | 554,555 |
State Bank Financial Corp. | 9,088 | 246,557 |
Sterling Bancorp | 39,053 | 966,562 |
Stock Yards Bancorp, Inc. | 6,739 | 297,864 |
SunTrust Banks, Inc. | 171,250 | 10,187,662 |
SVB Financial Group * | 18,240 | 3,481,834 |
Synovus Financial Corp. | 44,646 | 1,884,954 |
TCF Financial Corp. | 59,108 | 1,028,479 |
Texas Capital Bancshares, Inc. * | 17,145 | 1,528,477 |
TFS Financial Corp. | 41,202 | 700,022 |
The First of Long Island Corp. | 18,066 | 496,815 |
The PNC Financial Services Group, Inc. | 168,389 | 21,424,132 |
Tompkins Financial Corp. | 6,354 | 570,081 |
Towne Bank | 18,162 | 591,173 |
TrustCo Bank Corp. | 29,560 | 246,826 |
Trustmark Corp. | 23,544 | 777,894 |
U.S. Bancorp | 545,927 | 30,025,985 |
UMB Financial Corp. | 11,772 | 927,869 |
Umpqua Holdings Corp. | 65,789 | 1,237,491 |
United Bankshares, Inc. | 31,089 | 1,391,233 |
United Community Banks, Inc. | 23,900 | 690,471 |
United Financial Bancorp, Inc. | 17,950 | 320,587 |
Valley National Bancorp | 76,675 | 948,470 |
Walker & Dunlop, Inc. * | 14,704 | 597,718 |
Washington Federal, Inc. | 35,316 | 1,195,447 |
Washington Trust Bancorp, Inc. | 9,031 | 489,480 |
Webster Financial Corp. | 29,769 | 1,635,211 |
Security | Number of Shares | Value ($) |
Wells Fargo & Co. | 1,524,295 | 88,226,195 |
WesBanco, Inc. | 18,548 | 748,597 |
Western Alliance Bancorp * | 29,544 | 1,525,652 |
Wintrust Financial Corp. | 14,715 | 1,084,495 |
WSFS Financial Corp. | 9,975 | 454,860 |
Yadkin Financial Corp. | 16,625 | 557,935 |
Zions Bancorp | 68,357 | 3,069,229 |
586,020,095 | ||
Capital Goods 7.6% | ||
3M Co. | 204,229 | 38,058,074 |
A.O. Smith Corp. | 47,088 | 2,371,352 |
AAON, Inc. | 13,193 | 443,944 |
AAR Corp. | 11,772 | 405,192 |
Actuant Corp., Class A | 26,487 | 703,230 |
Acuity Brands, Inc. | 14,715 | 3,109,280 |
Advanced Drainage Systems, Inc. | 10,631 | 234,414 |
AECOM * | 54,588 | 1,984,274 |
Aegion Corp. * | 11,992 | 272,938 |
Aerojet Rocketdyne Holdings, Inc. * | 17,976 | 348,555 |
Aerovironment, Inc. * | 13,804 | 372,984 |
AGCO Corp. | 22,327 | 1,360,161 |
Air Lease Corp. | 27,596 | 1,074,312 |
Aircastle Ltd. | 26,487 | 636,483 |
Alamo Group, Inc. | 6,502 | 488,625 |
Albany International Corp., Class A | 9,127 | 413,909 |
Allegion plc | 29,962 | 2,174,942 |
Allison Transmission Holdings, Inc. | 53,650 | 1,930,327 |
Altra Industrial Motion Corp. | 6,492 | 252,214 |
American Woodmark Corp. * | 4,377 | 378,392 |
AMETEK, Inc. | 79,461 | 4,288,510 |
Apogee Enterprises, Inc. | 18,491 | 1,057,315 |
Applied Industrial Technologies, Inc. | 13,965 | 880,493 |
Arconic, Inc. | 147,618 | 4,249,922 |
Argan, Inc. | 6,250 | 430,625 |
Armstrong Flooring, Inc. * | 7,166 | 153,137 |
Armstrong World Industries, Inc. * | 14,882 | 684,572 |
Astec Industries, Inc. | 6,022 | 380,410 |
Astronics Corp. * | 4,898 | 164,132 |
AZZ, Inc. | 14,122 | 828,255 |
B/E Aerospace, Inc. | 30,464 | 1,937,510 |
Babcock & Wilcox Enterprises, Inc. * | 18,663 | 307,940 |
Barnes Group, Inc. | 14,899 | 746,589 |
Beacon Roofing Supply, Inc. * | 22,069 | 1,002,815 |
BMC Stock Holdings, Inc. * | 17,766 | 373,086 |
Briggs & Stratton Corp. | 14,956 | 320,058 |
Builders FirstSource, Inc. * | 29,660 | 383,800 |
BWX Technologies, Inc. | 38,259 | 1,776,748 |
Carlisle Cos., Inc. | 20,601 | 2,128,083 |
Caterpillar, Inc. | 199,281 | 19,262,501 |
Chart Industries, Inc. * | 16,295 | 579,939 |
Chicago Bridge & Iron Co. N.V. | 36,800 | 1,235,376 |
CIRCOR International, Inc. | 5,886 | 365,579 |
Colfax Corp. * | 34,300 | 1,305,115 |
Comfort Systems USA, Inc. | 12,084 | 461,005 |
Continental Building Products, Inc. * | 27,017 | 660,566 |
Crane Co. | 17,658 | 1,276,497 |
CSW Industrials, Inc. * | 9,403 | 348,851 |
Cubic Corp. | 10,375 | 545,206 |
Cummins, Inc. | 51,774 | 7,687,921 |
Curtiss-Wright Corp. | 14,715 | 1,439,568 |
Deere & Co. | 97,339 | 10,657,647 |
DigitalGlobe, Inc. * | 21,250 | 672,563 |
Donaldson Co., Inc. | 46,208 | 1,984,634 |
Douglas Dynamics, Inc. | 15,985 | 533,100 |
Dover Corp. | 53,702 | 4,301,530 |
Dycom Industries, Inc. * | 9,310 | 765,096 |
Security | Number of Shares | Value ($) |
Eaton Corp. plc | 153,073 | 11,018,195 |
EMCOR Group, Inc. | 20,601 | 1,266,549 |
Emerson Electric Co. | 221,356 | 13,303,496 |
Encore Wire Corp. | 6,357 | 301,958 |
EnerSys | 14,909 | 1,143,968 |
Engility Holdings, Inc. * | 5,904 | 184,854 |
EnPro Industries, Inc. | 6,038 | 394,161 |
ESCO Technologies, Inc. | 11,772 | 638,042 |
Esterline Technologies Corp. * | 11,772 | 1,046,531 |
Fastenal Co. | 98,648 | 4,935,359 |
Federal Signal Corp. | 20,647 | 307,227 |
Flowserve Corp. | 47,171 | 2,191,093 |
Fluor Corp. | 45,440 | 2,516,922 |
Fortive Corp. | 99,460 | 5,733,869 |
Fortune Brands Home & Security, Inc. | 50,531 | 2,922,208 |
Franklin Electric Co., Inc. | 13,016 | 545,370 |
GATX Corp. | 17,658 | 1,025,577 |
Generac Holdings, Inc. * | 20,895 | 815,741 |
General Cable Corp. | 20,771 | 346,876 |
General Dynamics Corp. | 98,845 | 18,761,769 |
General Electric Co. | 2,988,449 | 89,085,665 |
Gibraltar Industries, Inc. * | 4,971 | 206,048 |
Global Brass & Copper Holdings, Inc. | 6,080 | 204,592 |
Graco, Inc. | 20,601 | 1,869,747 |
Granite Construction, Inc. | 16,275 | 862,738 |
Griffon Corp. | 14,780 | 371,717 |
H&E Equipment Services, Inc. | 15,625 | 410,000 |
Harsco Corp. * | 32,373 | 456,459 |
HD Supply Holdings, Inc. * | 71,823 | 3,088,389 |
HEICO Corp. | 16,278 | 1,337,238 |
Herc Holdings, Inc. * | 7,785 | 402,407 |
Hexcel Corp. | 29,886 | 1,643,132 |
Hillenbrand, Inc. | 23,544 | 855,824 |
Honeywell International, Inc. | 257,091 | 32,007,829 |
Hubbell, Inc. | 16,433 | 1,949,282 |
Huntington Ingalls Industries, Inc. | 14,857 | 3,246,254 |
Hyster-Yale Materials Handling, Inc. | 3,601 | 219,265 |
IDEX Corp. | 26,487 | 2,441,837 |
Illinois Tool Works, Inc. | 106,303 | 14,033,059 |
Ingersoll-Rand plc | 88,116 | 6,992,886 |
ITT, Inc. | 29,430 | 1,205,747 |
Jacobs Engineering Group, Inc. | 41,202 | 2,324,205 |
John Bean Technologies Corp. | 8,888 | 794,587 |
Johnson Controls International plc | 318,746 | 13,368,207 |
Joy Global, Inc. | 33,284 | 938,276 |
Kaman Corp. | 9,383 | 485,758 |
KBR, Inc. | 47,640 | 716,982 |
Kennametal, Inc. | 28,200 | 1,045,938 |
KLX, Inc. * | 15,232 | 766,779 |
L3 Technologies, Inc. | 24,614 | 4,143,028 |
Lennox International, Inc. | 14,857 | 2,445,759 |
Lincoln Electric Holdings, Inc. | 18,500 | 1,557,885 |
Lindsay Corp. | 3,164 | 253,341 |
Lockheed Martin Corp. | 85,813 | 22,876,030 |
Lydall, Inc. * | 1,704 | 86,393 |
Manitowoc Foodservice, Inc. * | 50,031 | 953,591 |
Masco Corp. | 111,001 | 3,749,614 |
Masonite International Corp. * | 11,030 | 861,443 |
MasTec, Inc. * | 22,528 | 884,224 |
Mercury Systems, Inc. * | 19,600 | 732,256 |
Meritor, Inc. * | 32,897 | 537,866 |
Moog, Inc., Class A * | 12,056 | 814,744 |
MRC Global, Inc. * | 33,071 | 668,365 |
MSC Industrial Direct Co., Inc., Class A | 14,715 | 1,480,182 |
Mueller Industries, Inc. | 14,843 | 620,734 |
Mueller Water Products, Inc., Class A | 50,032 | 619,896 |
MYR Group, Inc. * | 12,508 | 469,175 |
Navistar International Corp. * | 22,114 | 597,741 |
Security | Number of Shares | Value ($) |
Nordson Corp. | 17,658 | 2,119,666 |
Northrop Grumman Corp. | 60,439 | 14,933,873 |
NOW, Inc. * | 43,014 | 823,288 |
Orbital ATK, Inc. | 21,169 | 1,956,439 |
Oshkosh Corp. | 26,550 | 1,802,480 |
Owens Corning | 44,294 | 2,590,756 |
PACCAR, Inc. | 117,720 | 7,864,873 |
Parker-Hannifin Corp. | 45,829 | 7,096,162 |
Patrick Industries, Inc. * | 5,125 | 409,231 |
Pentair plc | 62,337 | 3,619,286 |
PGT Innovations, Inc. * | 24,916 | 250,406 |
Primoris Services Corp. | 15,113 | 375,709 |
Proto Labs, Inc. * | 11,107 | 606,442 |
Quanex Building Products Corp. | 11,816 | 231,003 |
Quanta Services, Inc. * | 50,336 | 1,878,540 |
Raven Industries, Inc. | 24,008 | 709,436 |
Raytheon Co. | 100,992 | 15,567,917 |
RBC Bearings, Inc. * | 8,829 | 823,746 |
Regal Beloit Corp. | 14,715 | 1,095,532 |
Rexnord Corp. * | 44,512 | 986,831 |
Rockwell Automation, Inc. | 43,086 | 6,510,295 |
Rockwell Collins, Inc. | 44,539 | 4,257,483 |
Roper Technologies, Inc. | 34,873 | 7,295,432 |
Rush Enterprises, Inc., Class A * | 9,218 | 317,837 |
Sensata Technologies Holding N.V. * | 53,715 | 2,205,001 |
Simpson Manufacturing Co., Inc. | 12,306 | 531,127 |
Snap-on, Inc. | 19,958 | 3,386,274 |
Spirit AeroSystems Holdings, Inc., Class A | 41,953 | 2,584,724 |
SPX Corp. * | 12,706 | 335,184 |
SPX FLOW, Inc. * | 15,400 | 523,600 |
Standex International Corp. | 2,943 | 281,057 |
Stanley Black & Decker, Inc. | 49,327 | 6,271,928 |
Sun Hydraulics Corp. | 6,357 | 235,209 |
TASER International, Inc. * | 15,605 | 400,580 |
Teledyne Technologies, Inc. * | 11,819 | 1,553,135 |
Tennant Co. | 8,829 | 620,237 |
Terex Corp. | 37,000 | 1,155,880 |
Textron, Inc. | 91,233 | 4,315,321 |
The Boeing Co. | 195,740 | 35,278,220 |
The Gorman-Rupp Co. | 5,480 | 170,592 |
The Greenbrier Cos., Inc. | 16,836 | 707,954 |
The Manitowoc Co., Inc. * | 50,031 | 304,188 |
The Middleby Corp. * | 21,080 | 2,924,007 |
The Timken Co. | 26,487 | 1,170,725 |
The Toro Co. | 35,904 | 2,161,780 |
Thermon Group Holdings, Inc. * | 15,585 | 314,194 |
TransDigm Group, Inc. | 16,844 | 4,281,745 |
Trex Co., Inc. * | 12,964 | 881,682 |
TriMas Corp. * | 12,391 | 273,222 |
Trinity Industries, Inc. | 52,100 | 1,398,364 |
Triton International Ltd. | 21,639 | 534,700 |
Triumph Group, Inc. | 18,500 | 514,300 |
Tutor Perini Corp. * | 12,380 | 376,971 |
United Rentals, Inc. * | 27,911 | 3,573,445 |
United Technologies Corp. | 260,537 | 29,323,439 |
Univar, Inc. * | 31,700 | 1,020,740 |
Universal Forest Products, Inc. | 5,958 | 570,836 |
USG Corp. * | 26,963 | 909,462 |
Valmont Industries, Inc. | 7,033 | 1,105,939 |
W.W. Grainger, Inc. | 18,531 | 4,594,947 |
Wabash National Corp. | 20,872 | 441,443 |
WABCO Holdings, Inc. * | 16,399 | 1,841,280 |
Wabtec Corp. | 29,630 | 2,373,956 |
Watsco, Inc. | 8,829 | 1,309,076 |
Watts Water Technologies, Inc., Class A | 8,923 | 570,626 |
Wesco Aircraft Holdings, Inc. * | 14,991 | 181,391 |
WESCO International, Inc. * | 14,715 | 1,022,693 |
Security | Number of Shares | Value ($) |
Woodward, Inc. | 17,658 | 1,244,006 |
Xylem, Inc. | 58,860 | 2,832,343 |
643,003,361 | ||
Commercial & Professional Services 0.9% | ||
ABM Industries, Inc. | 18,662 | 761,223 |
ACCO Brands Corp. * | 36,524 | 489,422 |
Brady Corp., Class A | 14,715 | 562,849 |
CEB, Inc. | 9,219 | 714,933 |
Cintas Corp. | 28,401 | 3,351,602 |
Clean Harbors, Inc. * | 17,658 | 1,023,458 |
Copart, Inc. * | 35,756 | 2,114,610 |
Covanta Holding Corp. | 44,145 | 715,149 |
Deluxe Corp. | 17,658 | 1,299,452 |
Equifax, Inc. | 41,202 | 5,401,994 |
Exponent, Inc. | 6,458 | 371,012 |
FTI Consulting, Inc. * | 12,244 | 492,699 |
G&K Services, Inc., Class A | 8,829 | 834,340 |
GP Strategies Corp. * | 13,404 | 330,409 |
Healthcare Services Group, Inc. | 23,544 | 974,251 |
Herman Miller, Inc. | 17,914 | 533,837 |
HNI Corp. | 17,658 | 809,090 |
Huron Consulting Group, Inc. * | 7,286 | 316,577 |
ICF International, Inc. * | 6,092 | 261,651 |
IHS Markit Ltd. * | 109,484 | 4,357,463 |
Insperity, Inc. | 8,838 | 735,763 |
KAR Auction Services, Inc. | 45,123 | 2,022,413 |
Kelly Services, Inc., Class A | 9,288 | 198,577 |
Kforce, Inc. | 11,884 | 306,013 |
Knoll, Inc. | 14,892 | 332,836 |
Korn/Ferry International | 32,897 | 1,016,846 |
LSC Communications, Inc. | 8,938 | 254,018 |
ManpowerGroup, Inc. | 26,487 | 2,570,298 |
Matthews International Corp., Class A | 11,772 | 775,186 |
McGrath RentCorp | 6,288 | 236,617 |
Mobile Mini, Inc. | 13,000 | 423,150 |
MSA Safety, Inc. | 10,900 | 787,525 |
Multi-Color Corp. | 4,577 | 328,171 |
Navigant Consulting, Inc. * | 17,710 | 412,643 |
Nielsen Holdings plc | 112,174 | 4,976,039 |
On Assignment, Inc. * | 15,840 | 747,490 |
Pitney Bowes, Inc. | 67,689 | 923,278 |
R.R. Donnelley & Sons Co. | 23,869 | 400,283 |
Republic Services, Inc. | 82,971 | 5,140,053 |
Resources Connection, Inc. | 23,908 | 404,045 |
Robert Half International, Inc. | 41,579 | 2,005,771 |
Rollins, Inc. | 35,550 | 1,299,708 |
RPX Corp. * | 34,129 | 366,887 |
SP Plus Corp. * | 15,105 | 487,136 |
Steelcase, Inc., Class A | 29,820 | 477,120 |
Stericycle, Inc. * | 29,430 | 2,439,158 |
Team, Inc. * | 8,829 | 303,276 |
Tetra Tech, Inc. | 18,258 | 734,885 |
The Advisory Board Co. * | 13,200 | 594,000 |
The Brink's Co. | 17,658 | 943,820 |
The Dun & Bradstreet Corp. | 12,366 | 1,305,108 |
TransUnion * | 35,506 | 1,316,918 |
TriNet Group, Inc. * | 26,709 | 717,137 |
TrueBlue, Inc. * | 17,658 | 458,225 |
UniFirst Corp. | 5,886 | 783,427 |
US Ecology, Inc. | 7,048 | 357,686 |
Verisk Analytics, Inc. * | 51,791 | 4,294,510 |
Viad Corp. | 12,704 | 599,629 |
WageWorks, Inc. * | 16,791 | 1,292,907 |
Security | Number of Shares | Value ($) |
Waste Management, Inc. | 140,099 | 10,272,059 |
West Corp. | 13,731 | 328,308 |
80,084,940 | ||
Consumer Durables & Apparel 1.4% | ||
American Outdoor Brands Corp. * | 21,433 | 416,658 |
Brunswick Corp. | 29,430 | 1,762,563 |
CalAtlantic Group, Inc. | 33,775 | 1,193,271 |
Callaway Golf Co. | 40,201 | 406,432 |
Carter's, Inc. | 18,272 | 1,608,119 |
Cavco Industries, Inc. * | 3,087 | 368,125 |
Coach, Inc. | 100,012 | 3,809,457 |
Columbia Sportswear Co. | 11,772 | 646,754 |
D.R. Horton, Inc. | 116,854 | 3,739,328 |
Deckers Outdoor Corp. * | 9,529 | 503,417 |
Ethan Allen Interiors, Inc. | 6,458 | 185,667 |
G-III Apparel Group Ltd. * | 14,844 | 381,936 |
Garmin Ltd. | 38,259 | 1,974,547 |
GoPro, Inc., Class A *(a) | 37,132 | 349,041 |
Hanesbrands, Inc. | 129,492 | 2,591,135 |
Harman International Industries, Inc. | 23,544 | 2,627,981 |
Hasbro, Inc. | 38,259 | 3,706,149 |
Helen of Troy Ltd. * | 7,784 | 760,497 |
Installed Building Products, Inc. * | 10,600 | 498,730 |
iRobot Corp. * | 6,497 | 370,849 |
Kate Spade & Co. * | 53,057 | 1,265,940 |
KB Home | 31,340 | 556,285 |
La-Z-Boy, Inc. | 18,192 | 491,184 |
Leggett & Platt, Inc. | 44,486 | 2,187,821 |
Lennar Corp., B Shares | 7,354 | 289,086 |
Lennar Corp., Class A | 66,415 | 3,240,388 |
LGI Homes, Inc. *(a) | 9,055 | 262,686 |
Lululemon Athletica, Inc. * | 38,844 | 2,534,959 |
M.D.C Holdings, Inc. | 26,081 | 761,304 |
M/I Homes, Inc. * | 13,108 | 309,349 |
Mattel, Inc. | 115,441 | 2,970,297 |
Michael Kors Holdings Ltd. * | 57,202 | 2,087,873 |
Mohawk Industries, Inc. * | 20,765 | 4,700,365 |
NACCO Industries, Inc., Class A | 2,943 | 189,823 |
Nautilus, Inc. * | 15,800 | 254,380 |
Newell Brands, Inc. | 162,298 | 7,957,471 |
NIKE, Inc., Class B | 450,592 | 25,755,839 |
NVR, Inc. * | 1,248 | 2,414,843 |
Oxford Industries, Inc. | 5,888 | 330,964 |
Polaris Industries, Inc. (a) | 20,715 | 1,765,125 |
PulteGroup, Inc. | 111,834 | 2,465,940 |
PVH Corp. | 26,870 | 2,461,292 |
Ralph Lauren Corp. | 20,601 | 1,634,277 |
Skechers U.S.A., Inc., Class A * | 47,756 | 1,225,897 |
Steven Madden Ltd. * | 21,164 | 790,475 |
Sturm Ruger & Co., Inc. (a) | 6,108 | 304,484 |
Tempur Sealy International, Inc. *(a) | 18,934 | 874,561 |
Toll Brothers, Inc. * | 54,099 | 1,846,940 |
TopBuild Corp. * | 13,112 | 550,442 |
TRI Pointe Group, Inc. * | 39,136 | 467,284 |
Tupperware Brands Corp. | 15,443 | 932,603 |
Under Armour, Inc., Class A *(a) | 58,904 | 1,214,600 |
Under Armour, Inc., Class C * | 59,255 | 1,099,773 |
Unifi, Inc. * | 12,320 | 336,213 |
Universal Electronics, Inc. * | 3,286 | 225,748 |
VF Corp. | 113,088 | 5,931,466 |
Vista Outdoor, Inc. * | 18,458 | 373,405 |
Whirlpool Corp. | 25,444 | 4,544,044 |
William Lyon Homes, Class A * | 13,508 | 248,952 |
Wolverine World Wide, Inc. | 35,316 | 888,904 |
116,643,938 | ||
Security | Number of Shares | Value ($) |
Consumer Services 2.1% | ||
Aramark | 78,573 | 2,808,199 |
Belmond Ltd., Class A * | 29,430 | 381,118 |
BJ's Restaurants, Inc. * | 6,862 | 249,434 |
Bloomin' Brands, Inc. | 50,073 | 855,748 |
Bob Evans Farms, Inc. | 8,964 | 508,528 |
Boyd Gaming Corp. * | 15,462 | 304,138 |
Bright Horizons Family Solutions, Inc. * | 12,492 | 863,322 |
Brinker International, Inc. | 15,936 | 673,137 |
Buffalo Wild Wings, Inc. * | 7,600 | 1,178,000 |
Capella Education Co. | 6,654 | 506,369 |
Carnival Corp. | 142,827 | 7,991,171 |
Carriage Services, Inc. | 4,580 | 118,027 |
Chipotle Mexican Grill, Inc. * | 9,756 | 4,085,227 |
Choice Hotels International, Inc. | 12,891 | 781,195 |
Churchill Downs, Inc. | 3,660 | 550,098 |
Chuy's Holdings, Inc. * | 10,531 | 300,133 |
ClubCorp Holdings, Inc. | 24,432 | 417,787 |
Cracker Barrel Old Country Store, Inc. (a) | 8,829 | 1,421,381 |
Darden Restaurants, Inc. | 47,126 | 3,519,370 |
Dave & Buster's Entertainment, Inc. * | 15,559 | 889,819 |
Denny's Corp. * | 29,660 | 372,530 |
DeVry Education Group, Inc. | 22,700 | 729,805 |
DineEquity, Inc. | 6,421 | 384,104 |
Domino's Pizza, Inc. | 17,808 | 3,380,136 |
Dunkin' Brands Group, Inc. | 33,074 | 1,819,401 |
Extended Stay America, Inc. | 32,700 | 565,710 |
Fiesta Restaurant Group, Inc. * | 13,804 | 274,009 |
Graham Holdings Co., Class B | 1,912 | 1,029,134 |
Grand Canyon Education, Inc. * | 14,919 | 915,728 |
H&R Block, Inc. | 82,788 | 1,702,121 |
Hilton Grand Vacations, Inc. * | 17,428 | 521,794 |
Hilton Worldwide Holdings, Inc. | 65,411 | 3,741,509 |
Hyatt Hotels Corp., Class A * | 10,061 | 516,532 |
ILG, Inc. | 37,202 | 702,374 |
International Speedway Corp., Class A | 8,971 | 332,824 |
Jack in the Box, Inc. | 12,328 | 1,155,257 |
K12, Inc. * | 21,507 | 384,115 |
La Quinta Holdings, Inc. * | 35,600 | 493,416 |
Las Vegas Sands Corp. | 122,296 | 6,475,573 |
Marriott International, Inc., Class A | 107,816 | 9,378,914 |
Marriott Vacations Worldwide Corp. | 9,031 | 848,282 |
McDonald's Corp. | 282,420 | 36,050,913 |
MGM Resorts International * | 159,783 | 4,200,695 |
Norwegian Cruise Line Holdings Ltd. * | 53,075 | 2,690,902 |
Panera Bread Co., Class A * | 8,943 | 2,064,044 |
Papa John's International, Inc. | 12,028 | 949,250 |
Penn National Gaming, Inc. * | 20,801 | 300,990 |
Pinnacle Entertainment, Inc. * | 18,257 | 316,942 |
Popeyes Louisiana Kitchen, Inc. * | 7,631 | 602,925 |
Red Robin Gourmet Burgers, Inc. * | 6,794 | 310,146 |
Regis Corp. * | 17,914 | 220,521 |
Royal Caribbean Cruises Ltd. | 54,604 | 5,247,444 |
Ruth's Hospitality Group, Inc. | 20,939 | 352,822 |
Scientific Games Corp., Class A * | 27,687 | 571,737 |
SeaWorld Entertainment, Inc. | 30,700 | 591,589 |
Service Corp. International | 68,124 | 2,093,451 |
ServiceMaster Global Holdings, Inc. * | 47,464 | 1,890,491 |
Shake Shack, Inc., Class A * | 10,700 | 383,381 |
Six Flags Entertainment Corp. | 28,119 | 1,704,293 |
Sonic Corp. | 20,601 | 520,793 |
Sotheby's * | 20,697 | 934,056 |
Starbucks Corp. | 489,472 | 27,836,273 |
Strayer Education, Inc. * | 6,354 | 492,689 |
Texas Roadhouse, Inc. | 20,601 | 871,422 |
The Cheesecake Factory, Inc. | 15,157 | 925,335 |
The Wendy's Co. | 86,951 | 1,212,097 |
Security | Number of Shares | Value ($) |
Vail Resorts, Inc. | 13,972 | 2,531,447 |
Wyndham Worldwide Corp. | 39,537 | 3,291,060 |
Wynn Resorts Ltd. | 25,281 | 2,430,768 |
Yum! Brands, Inc. | 124,419 | 8,127,049 |
173,840,994 | ||
Diversified Financials 5.2% | ||
Affiliated Managers Group, Inc. | 17,658 | 2,965,308 |
AG Mortgage Investment Trust, Inc. | 21,139 | 377,543 |
AGNC Investment Corp. | 124,122 | 2,436,515 |
Ally Financial, Inc. | 165,248 | 3,716,428 |
Altisource Residential Corp. | 34,300 | 460,306 |
American Express Co. | 261,729 | 20,954,024 |
Ameriprise Financial, Inc. | 53,393 | 7,021,179 |
Annaly Capital Management, Inc. | 327,134 | 3,631,187 |
Anworth Mortgage Asset Corp. | 47,824 | 260,163 |
Apollo Commercial Real Estate Finance, Inc. | 24,179 | 444,652 |
ARMOUR Residential REIT, Inc. | 23,708 | 533,193 |
Berkshire Hathaway, Inc., Class B * | 642,009 | 110,053,183 |
BGC Partners, Inc., Class A | 77,343 | 872,429 |
BlackRock, Inc. | 41,339 | 16,017,209 |
Blackstone Mortgage Trust, Inc., Class A | 30,251 | 942,016 |
Capital One Financial Corp. | 161,761 | 15,182,887 |
Capstead Mortgage Corp. | 35,316 | 373,643 |
CBOE Holdings, Inc. | 27,013 | 2,108,365 |
Chimera Investment Corp. | 62,994 | 1,212,005 |
CME Group, Inc. | 112,916 | 13,714,777 |
Cohen & Steers, Inc. | 8,829 | 332,059 |
Cowen Group, Inc., Class A * | 16,933 | 242,142 |
Credit Acceptance Corp. *(a) | 4,943 | 990,874 |
CYS Investments, Inc. | 50,968 | 408,763 |
Diamond Hill Investment Group, Inc. | 1,300 | 260,676 |
Discover Financial Services | 132,661 | 9,437,504 |
Donnelley Financial Solutions, Inc. * | 8,938 | 206,557 |
E*TRADE Financial Corp. * | 91,681 | 3,163,911 |
Eaton Vance Corp. | 38,259 | 1,784,017 |
Evercore Partners, Inc., Class A | 12,742 | 1,013,626 |
FactSet Research Systems, Inc. | 14,715 | 2,617,798 |
Federated Investors, Inc., Class B | 34,500 | 937,365 |
Financial Engines, Inc. | 24,918 | 1,103,867 |
FirstCash, Inc. | 23,796 | 1,055,353 |
FNFV Group * | 29,464 | 366,827 |
Franklin Resources, Inc. | 117,660 | 5,064,086 |
Green Dot Corp., Class A * | 23,916 | 700,978 |
Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 25,500 | 504,645 |
Interactive Brokers Group, Inc., Class A | 29,795 | 1,093,774 |
Intercontinental Exchange, Inc. | 194,118 | 11,089,961 |
INTL FCStone, Inc. * | 2,004 | 75,651 |
Invesco Ltd. | 139,389 | 4,486,932 |
Invesco Mortgage Capital, Inc. | 47,272 | 735,080 |
Investment Technology Group, Inc. | 12,316 | 246,566 |
Janus Capital Group, Inc. | 58,860 | 745,168 |
KCG Holdings, Inc., Class A * | 30,382 | 420,791 |
Ladder Capital Corp., Class A | 24,127 | 348,153 |
Lazard Ltd., Class A | 44,209 | 1,903,640 |
Legg Mason, Inc. | 33,366 | 1,258,566 |
LendingClub Corp. * | 109,806 | 586,364 |
Leucadia National Corp. | 115,662 | 3,078,922 |
LPL Financial Holdings, Inc. | 29,400 | 1,162,476 |
MarketAxess Holdings, Inc. | 13,232 | 2,583,283 |
MFA Financial, Inc. | 114,777 | 920,512 |
Moelis & Co., Class A | 12,608 | 463,974 |
Moody's Corp. | 56,697 | 6,314,345 |
Morgan Stanley | 487,447 | 22,261,704 |
Morningstar, Inc. | 6,200 | 497,426 |
Security | Number of Shares | Value ($) |
MSCI, Inc. | 32,340 | 3,059,041 |
MTGE Investment Corp. | 20,751 | 343,429 |
Nasdaq, Inc. | 38,347 | 2,726,855 |
Navient Corp. | 113,178 | 1,744,073 |
Nelnet, Inc., Class A | 8,905 | 398,855 |
New Residential Investment Corp. | 75,174 | 1,268,185 |
Northern Trust Corp. | 70,632 | 6,169,705 |
OneMain Holdings, Inc. * | 19,689 | 551,686 |
PennyMac Mortgage Investment Trust | 27,931 | 470,917 |
Piper Jaffray Cos. | 9,234 | 653,305 |
PJT Partners, Inc., Class A | 15,205 | 562,737 |
PRA Group, Inc. * | 15,425 | 629,340 |
Raymond James Financial, Inc. | 38,923 | 3,057,791 |
Redwood Trust, Inc. | 32,373 | 529,946 |
Resource Capital Corp. | 9,031 | 75,860 |
S&P Global, Inc. | 87,833 | 11,371,738 |
Santander Consumer USA Holdings, Inc. * | 42,633 | 630,116 |
SEI Investments Co. | 41,790 | 2,104,126 |
SLM Corp. * | 142,088 | 1,703,635 |
Starwood Property Trust, Inc. | 76,897 | 1,757,865 |
State Street Corp. | 122,686 | 9,779,301 |
Stifel Financial Corp. * | 18,333 | 989,249 |
Synchrony Financial | 272,719 | 9,883,337 |
T. Rowe Price Group, Inc. | 82,404 | 5,867,989 |
TD Ameritrade Holding Corp. | 86,811 | 3,394,310 |
The Bank of New York Mellon Corp. | 357,149 | 16,836,004 |
The Charles Schwab Corp. (b) | 412,035 | 16,650,334 |
The Goldman Sachs Group, Inc. | 125,747 | 31,192,801 |
Two Harbors Investment Corp. | 112,418 | 1,045,487 |
Voya Financial, Inc. | 73,756 | 3,040,960 |
Waddell & Reed Financial, Inc., Class A | 33,100 | 636,844 |
Westwood Holdings Group, Inc. | 6,522 | 370,841 |
WisdomTree Investments, Inc. (a) | 40,705 | 370,823 |
433,608,833 | ||
Energy 6.2% | ||
Anadarko Petroleum Corp. | 185,645 | 12,001,949 |
Antero Resources Corp. * | 47,414 | 1,136,988 |
Apache Corp. | 127,152 | 6,686,924 |
Arch Coal, Inc., Class A * | 7,950 | 571,287 |
Archrock, Inc. | 29,432 | 401,747 |
Atwood Oceanics, Inc. * | 26,000 | 273,260 |
Baker Hughes, Inc. | 148,366 | 8,943,502 |
Bristow Group, Inc. | 11,432 | 179,597 |
Cabot Oil & Gas Corp. | 160,568 | 3,516,439 |
California Resources Corp. *(a) | 19,750 | 352,933 |
Callon Petroleum Co. * | 70,838 | 893,976 |
Carrizo Oil & Gas, Inc. * | 25,161 | 818,991 |
Centennial Resource Development, Inc., Class A * | 20,492 | 385,455 |
Cheniere Energy, Inc. * | 82,571 | 3,967,537 |
Chesapeake Energy Corp. * | 261,999 | 1,427,895 |
Chevron Corp. | 641,437 | 72,161,662 |
Cimarex Energy Co. | 32,502 | 4,086,151 |
Concho Resources, Inc. * | 50,677 | 6,712,169 |
ConocoPhillips | 422,530 | 20,099,752 |
CONSOL Energy, Inc. * | 60,333 | 939,385 |
Continental Resources, Inc. * | 29,708 | 1,342,802 |
Core Laboratories N.V. | 14,735 | 1,685,979 |
Delek US Holdings, Inc. | 21,500 | 517,505 |
Denbury Resources, Inc. * | 204,669 | 554,653 |
Devon Energy Corp. | 182,833 | 7,927,639 |
Diamond Offshore Drilling, Inc. * | 22,575 | 380,163 |
Diamondback Energy, Inc. * | 30,229 | 3,048,897 |
Dril-Quip, Inc. * | 13,244 | 812,519 |
Enbridge, Inc. | 933 | 39,039 |
Energen Corp. * | 38,764 | 2,035,110 |
Security | Number of Shares | Value ($) |
Ensco plc, Class A | 104,200 | 1,014,908 |
EOG Resources, Inc. | 193,775 | 18,794,237 |
EQT Corp. | 60,195 | 3,605,079 |
Exterran Corp. * | 15,625 | 475,625 |
Exxon Mobil Corp. | 1,404,628 | 114,224,349 |
Fairmount Santrol Holdings, Inc. * | 53,398 | 506,213 |
Forum Energy Technologies, Inc. * | 35,976 | 780,679 |
Green Plains, Inc. | 22,507 | 563,800 |
Gulfport Energy Corp. * | 48,701 | 844,475 |
Halliburton Co. | 290,545 | 15,532,536 |
Helix Energy Solutions Group, Inc. * | 57,063 | 471,340 |
Helmerich & Payne, Inc. | 38,823 | 2,654,329 |
Hess Corp. | 91,924 | 4,728,571 |
HollyFrontier Corp. | 54,909 | 1,607,736 |
Kinder Morgan, Inc. | 644,326 | 13,730,587 |
Kosmos Energy Ltd. * | 92,431 | 567,526 |
Laredo Petroleum, Inc. * | 46,160 | 638,393 |
Marathon Oil Corp. | 285,994 | 4,575,904 |
Marathon Petroleum Corp. | 182,127 | 9,033,499 |
Matador Resources Co. * | 23,749 | 571,638 |
Matrix Service Co. * | 16,105 | 260,901 |
McDermott International, Inc. * | 107,368 | 790,228 |
Murphy Oil Corp. | 53,510 | 1,513,798 |
Nabors Industries Ltd. | 100,212 | 1,467,104 |
National Oilwell Varco, Inc. | 125,008 | 5,052,823 |
Natural Gas Services Group, Inc. * | 7,490 | 195,115 |
Newfield Exploration Co. * | 67,862 | 2,474,249 |
Newpark Resources, Inc. * | 31,869 | 245,391 |
Noble Corp. plc | 85,400 | 570,472 |
Noble Energy, Inc. | 141,370 | 5,147,282 |
Oasis Petroleum, Inc. * | 68,092 | 964,183 |
Occidental Petroleum Corp. | 260,279 | 17,061,288 |
Oceaneering International, Inc. | 35,700 | 1,011,024 |
Oil States International, Inc. * | 12,944 | 476,339 |
ONEOK, Inc. | 73,646 | 3,980,566 |
Parsley Energy, Inc., Class A * | 82,324 | 2,501,826 |
Patterson-UTI Energy, Inc. | 56,819 | 1,569,341 |
PBF Energy, Inc., Class A | 46,532 | 1,139,569 |
PDC Energy, Inc. * | 17,072 | 1,153,896 |
Phillips 66 | 149,965 | 11,725,763 |
Pioneer Natural Resources Co. | 57,074 | 10,614,052 |
QEP Resources, Inc. * | 86,346 | 1,188,121 |
Range Resources Corp. | 59,841 | 1,652,808 |
Rice Energy, Inc. * | 46,434 | 865,994 |
Rowan Cos. plc, Class A * | 54,542 | 988,301 |
RPC, Inc. (a) | 27,263 | 545,260 |
RSP Permian, Inc. * | 34,663 | 1,368,842 |
Sanchez Energy Corp. * | 45,815 | 526,872 |
Schlumberger Ltd. | 469,832 | 37,755,700 |
SEACOR Holdings, Inc. * | 5,886 | 405,251 |
SemGroup Corp., Class A | 17,764 | 624,405 |
SM Energy Co. | 34,428 | 848,650 |
Southwestern Energy Co. * | 173,966 | 1,306,485 |
Superior Energy Services, Inc. * | 64,822 | 1,069,563 |
Synergy Resources Corp. * | 87,699 | 716,501 |
Targa Resources Corp. | 62,861 | 3,551,646 |
TechnipFMC plc * | 153,526 | 4,961,960 |
Tesoro Corp. | 38,857 | 3,310,228 |
The Williams Cos., Inc. | 271,419 | 7,692,014 |
Transocean Ltd. * | 130,190 | 1,799,226 |
Unit Corp. * | 29,410 | 798,187 |
US Silica Holdings, Inc. | 23,608 | 1,193,857 |
Valero Energy Corp. | 157,136 | 10,677,391 |
Weatherford International plc * | 350,458 | 1,983,592 |
Western Refining, Inc. | 28,300 | 1,033,516 |
Whiting Petroleum Corp. * | 99,613 | 1,080,801 |
Security | Number of Shares | Value ($) |
World Fuel Services Corp. | 23,544 | 851,586 |
WPX Energy, Inc. * | 146,265 | 1,886,818 |
519,422,114 | ||
Food & Staples Retailing 1.8% | ||
Casey's General Stores, Inc. | 13,984 | 1,602,287 |
Costco Wholesale Corp. | 147,632 | 26,157,438 |
CVS Health Corp. | 364,723 | 29,389,379 |
Ingles Markets, Inc., Class A | 6,854 | 321,110 |
PriceSmart, Inc. | 9,687 | 856,331 |
Rite Aid Corp. * | 343,099 | 2,058,594 |
Smart & Final Stores, Inc. * | 9,332 | 130,181 |
SpartanNash Co. | 7,882 | 275,082 |
Sprouts Farmers Market, Inc. * | 47,355 | 874,173 |
SUPERVALU, Inc. * | 151,164 | 571,400 |
Sysco Corp. | 174,692 | 9,209,762 |
The Andersons, Inc. | 9,229 | 365,007 |
The Kroger Co. | 324,018 | 10,303,772 |
United Natural Foods, Inc. * | 15,715 | 676,531 |
US Foods Holding Corp. * | 31,585 | 870,167 |
Wal-Mart Stores, Inc. | 512,410 | 36,345,241 |
Walgreens Boots Alliance, Inc. | 290,253 | 25,072,054 |
Weis Markets, Inc. | 5,886 | 353,160 |
Whole Foods Market, Inc. | 109,371 | 3,354,409 |
148,786,078 | ||
Food, Beverage & Tobacco 4.8% | ||
Altria Group, Inc. | 664,636 | 49,794,529 |
Archer-Daniels-Midland Co. | 203,162 | 9,542,519 |
B&G Foods, Inc. | 25,280 | 1,074,400 |
Blue Buffalo Pet Products, Inc. * | 30,745 | 751,408 |
Brown-Forman Corp., Class A | 17,942 | 894,409 |
Brown-Forman Corp., Class B | 67,092 | 3,271,406 |
Bunge Ltd. | 47,088 | 3,854,153 |
Cal-Maine Foods, Inc. (a) | 6,592 | 250,166 |
Calavo Growers, Inc. | 6,954 | 392,206 |
Campbell Soup Co. | 67,088 | 3,981,673 |
Coca-Cola Bottling Co. Consolidated | 1,500 | 258,105 |
ConAgra Brands, Inc. | 141,684 | 5,838,798 |
Constellation Brands, Inc., Class A | 58,829 | 9,342,633 |
Darling Ingredients, Inc. * | 63,641 | 827,969 |
Dean Foods Co. | 29,583 | 539,594 |
Dr. Pepper Snapple Group, Inc. | 62,654 | 5,854,390 |
Flowers Foods, Inc. | 74,058 | 1,426,357 |
Fresh Del Monte Produce, Inc. | 14,715 | 851,557 |
General Mills, Inc. | 198,096 | 11,959,056 |
Hormel Foods Corp. | 94,176 | 3,319,704 |
Ingredion, Inc. | 25,523 | 3,085,475 |
J&J Snack Foods Corp. | 7,003 | 937,001 |
Kellogg Co. | 82,930 | 6,142,625 |
Lamb Weston Holdings, Inc. | 47,228 | 1,850,865 |
Lancaster Colony Corp. | 5,898 | 777,356 |
McCormick & Co., Inc. Non-Voting Shares | 37,000 | 3,641,540 |
Mead Johnson Nutrition Co. | 65,058 | 5,711,442 |
Molson Coors Brewing Co., Class B | 60,776 | 6,101,303 |
Mondelez International, Inc., Class A | 527,153 | 23,152,560 |
Monster Beverage Corp. * | 141,390 | 5,859,202 |
PepsiCo, Inc. | 486,106 | 53,656,380 |
Philip Morris International, Inc. | 524,166 | 57,317,552 |
Pilgrim's Pride Corp. | 26,864 | 547,488 |
Pinnacle Foods, Inc. | 48,453 | 2,768,120 |
Post Holdings, Inc. * | 19,421 | 1,589,997 |
Reynolds American, Inc. | 286,151 | 17,618,317 |
Sanderson Farms, Inc. | 6,554 | 622,892 |
Seaboard Corp. | 76 | 276,066 |
Snyder's-Lance, Inc. | 25,522 | 1,010,161 |
Security | Number of Shares | Value ($) |
The Boston Beer Co., Inc., Class A * | 2,943 | 466,907 |
The Coca-Cola Co. | 1,311,971 | 55,050,303 |
The Hain Celestial Group, Inc. * | 32,752 | 1,158,766 |
The Hershey Co. | 50,031 | 5,420,859 |
The J.M. Smucker Co. | 38,526 | 5,460,290 |
The Kraft Heinz Co. | 199,427 | 18,249,565 |
The WhiteWave Foods Co. * | 62,929 | 3,466,129 |
Tootsie Roll Industries, Inc. (a) | 9,492 | 371,612 |
TreeHouse Foods, Inc. * | 20,678 | 1,759,284 |
Tyson Foods, Inc., Class A | 97,439 | 6,095,784 |
Universal Corp. | 10,505 | 711,189 |
Vector Group Ltd. | 31,436 | 716,112 |
405,618,174 | ||
Health Care Equipment & Services 5.2% | ||
Abaxis, Inc. | 12,899 | 643,015 |
Abbott Laboratories | 582,860 | 26,275,329 |
ABIOMED, Inc. * | 14,896 | 1,757,281 |
Acadia Healthcare Co., Inc. * | 22,352 | 999,581 |
Accuray, Inc. * | 54,286 | 279,573 |
Adeptus Health, Inc., Class A *(a) | 6,608 | 44,604 |
Aetna, Inc. | 115,664 | 14,892,897 |
Air Methods Corp. * | 16,505 | 624,714 |
Alere, Inc. * | 26,487 | 1,014,452 |
Align Technology, Inc. * | 25,806 | 2,651,825 |
Allscripts Healthcare Solutions, Inc. * | 61,803 | 752,761 |
Amedisys, Inc. * | 15,495 | 747,169 |
AmerisourceBergen Corp. | 63,178 | 5,781,419 |
AMN Healthcare Services, Inc. * | 21,601 | 888,881 |
Analogic Corp. | 3,147 | 259,155 |
Anika Therapeutics, Inc. * | 7,250 | 339,228 |
Anthem, Inc. | 92,691 | 15,277,331 |
athenahealth, Inc. * | 11,772 | 1,388,272 |
AtriCure, Inc. * | 22,900 | 417,925 |
Atrion Corp. | 600 | 292,830 |
Baxter International, Inc. | 171,023 | 8,708,491 |
Becton Dickinson & Co. | 69,751 | 12,767,921 |
BioTelemetry, Inc. * | 21,200 | 539,540 |
Boston Scientific Corp. * | 456,756 | 11,213,360 |
Brookdale Senior Living, Inc. * | 63,222 | 910,397 |
C.R. Bard, Inc. | 23,905 | 5,862,462 |
Cantel Medical Corp. | 12,325 | 1,012,006 |
Capital Senior Living Corp. * | 15,885 | 266,868 |
Cardinal Health, Inc. | 109,185 | 8,884,383 |
Cardiovascular Systems, Inc. * | 19,866 | 564,194 |
Centene Corp. * | 56,648 | 3,993,684 |
Cerner Corp. * | 97,801 | 5,382,967 |
Cerus Corp. * | 61,400 | 257,266 |
Chemed Corp. | 5,933 | 1,059,337 |
Cigna Corp. | 85,743 | 12,767,133 |
CONMED Corp. | 8,866 | 369,003 |
Cynosure, Inc., Class A * | 12,960 | 855,360 |
Danaher Corp. | 206,454 | 17,662,140 |
DaVita, Inc. * | 51,564 | 3,579,057 |
DENTSPLY SIRONA, Inc. | 78,712 | 4,999,786 |
DexCom, Inc. * | 30,388 | 2,375,126 |
Edwards Lifesciences Corp. * | 71,816 | 6,753,577 |
Envision Healthcare Corp. * | 40,380 | 2,826,600 |
Express Scripts Holding Co. * | 214,870 | 15,180,566 |
GenMark Diagnostics, Inc. * | 33,647 | 380,884 |
Globus Medical, Inc., Class A * | 32,027 | 890,671 |
Haemonetics Corp. * | 17,658 | 659,173 |
Halyard Health, Inc. * | 15,014 | 586,447 |
HCA Holdings, Inc. * | 100,915 | 8,803,825 |
HealthEquity, Inc. * | 16,025 | 700,293 |
HealthSouth Corp. | 29,430 | 1,245,478 |
HealthStream, Inc. * | 12,264 | 300,100 |
Security | Number of Shares | Value ($) |
Henry Schein, Inc. * | 27,029 | 4,637,095 |
Hill-Rom Holdings, Inc. | 20,601 | 1,368,936 |
HMS Holdings Corp. * | 33,647 | 626,844 |
Hologic, Inc. * | 99,106 | 4,021,721 |
Humana, Inc. | 50,511 | 10,670,449 |
ICU Medical, Inc. * | 5,597 | 841,789 |
IDEXX Laboratories, Inc. * | 30,042 | 4,354,287 |
Inogen, Inc. * | 6,254 | 429,149 |
Inovalon Holdings, Inc., Class A * | 15,485 | 185,820 |
Insulet Corp. * | 22,507 | 980,405 |
Integer Holdings Corp. * | 13,294 | 480,578 |
Integra LifeSciences Holdings Corp. * | 17,686 | 755,900 |
Intuitive Surgical, Inc. * | 13,064 | 9,628,168 |
K2M Group Holdings, Inc. * | 16,085 | 322,504 |
Laboratory Corp. of America Holdings * | 32,667 | 4,647,207 |
LHC Group, Inc. * | 6,854 | 329,129 |
LifePoint Health, Inc. * | 12,356 | 791,402 |
LivaNova plc * | 15,683 | 790,423 |
Magellan Health, Inc. * | 11,772 | 814,034 |
Masimo Corp. * | 17,658 | 1,595,577 |
McKesson Corp. | 76,518 | 11,487,647 |
Medidata Solutions, Inc. * | 16,319 | 912,558 |
MEDNAX, Inc. * | 30,030 | 2,137,836 |
Medtronic plc | 469,425 | 37,981,177 |
Meridian Bioscience, Inc. | 20,601 | 264,723 |
Merit Medical Systems, Inc. * | 14,715 | 453,222 |
Molina Healthcare, Inc. * | 12,920 | 626,749 |
National HealthCare Corp. | 2,996 | 223,562 |
Natus Medical, Inc. * | 9,386 | 347,517 |
Neogen Corp. * | 12,362 | 801,799 |
Nevro Corp. * | 7,054 | 677,113 |
NuVasive, Inc. * | 21,604 | 1,615,115 |
NxStage Medical, Inc. * | 19,590 | 559,490 |
Omnicell, Inc. * | 22,492 | 855,258 |
OraSure Technologies, Inc. * | 43,700 | 489,877 |
Orthofix International N.V. * | 9,331 | 333,210 |
Owens & Minor, Inc. | 20,601 | 743,284 |
Patterson Cos., Inc. | 26,681 | 1,212,651 |
Penumbra, Inc. * | 9,400 | 721,920 |
PharMerica Corp. * | 15,280 | 375,888 |
Premier, Inc., Class A * | 23,000 | 722,890 |
Quality Systems, Inc. * | 25,516 | 389,374 |
Quest Diagnostics, Inc. | 44,929 | 4,377,882 |
Quidel Corp. * | 9,418 | 197,778 |
ResMed, Inc. | 47,088 | 3,391,749 |
Select Medical Holdings Corp. * | 45,700 | 658,080 |
STERIS plc | 26,561 | 1,862,723 |
Stryker Corp. | 105,508 | 13,564,108 |
Surgical Care Affiliates, Inc. * | 9,131 | 517,910 |
Teleflex, Inc. | 14,715 | 2,813,214 |
Tenet Healthcare Corp. * | 27,238 | 525,693 |
The Cooper Cos., Inc. | 14,715 | 2,930,345 |
The Ensign Group, Inc. | 25,300 | 476,652 |
The Providence Service Corp. * | 7,154 | 290,595 |
The Spectranetics Corp. * | 12,556 | 349,371 |
Tivity Health, Inc. * | 15,790 | 456,331 |
Triple-S Management Corp., Class B * | 15,985 | 298,440 |
UnitedHealth Group, Inc. | 319,900 | 52,905,062 |
Universal Health Services, Inc., Class B | 29,430 | 3,696,408 |
US Physical Therapy, Inc. | 7,054 | 533,635 |
Varex Imaging Corp. * | 12,287 | 427,833 |
Varian Medical Systems, Inc. * | 30,719 | 2,577,017 |
VCA, Inc. * | 26,487 | 2,407,668 |
Veeva Systems, Inc., Class A * | 39,726 | 1,735,629 |
WellCare Health Plans, Inc. * | 14,715 | 2,077,758 |
West Pharmaceutical Services, Inc. | 23,544 | 1,941,674 |
Wright Medical Group N.V. * | 36,752 | 1,024,646 |
Security | Number of Shares | Value ($) |
Zeltiq Aesthetics, Inc. * | 12,256 | 678,492 |
Zimmer Biomet Holdings, Inc. | 66,445 | 7,779,381 |
440,386,688 | ||
Household & Personal Products 1.8% | ||
Avon Products, Inc. * | 163,755 | 720,522 |
Central Garden & Pet Co., Class A * | 12,132 | 387,617 |
Church & Dwight Co., Inc. | 94,176 | 4,693,732 |
Colgate-Palmolive Co. | 303,600 | 22,156,728 |
Coty, Inc., Class A | 154,025 | 2,892,589 |
Edgewell Personal Care Co. * | 20,715 | 1,529,596 |
Energizer Holdings, Inc. | 20,715 | 1,136,425 |
Herbalife Ltd. *(a) | 19,740 | 1,115,113 |
HRG Group, Inc. * | 48,366 | 888,967 |
Kimberly-Clark Corp. | 121,437 | 16,096,474 |
Nu Skin Enterprises, Inc., Class A | 13,700 | 678,698 |
Revlon, Inc., Class A * | 9,188 | 308,717 |
Spectrum Brands Holdings, Inc. | 9,732 | 1,320,827 |
The Clorox Co. | 44,976 | 6,153,167 |
The Estee Lauder Cos., Inc., Class A | 76,904 | 6,371,496 |
The Procter & Gamble Co. | 907,998 | 82,691,378 |
USANA Health Sciences, Inc. * | 3,801 | 220,648 |
WD-40 Co. | 6,575 | 722,592 |
150,085,286 | ||
Insurance 3.0% | ||
Aflac, Inc. | 140,165 | 10,140,938 |
Alleghany Corp. * | 4,682 | 3,023,636 |
Allied World Assurance Co. Holdings AG | 35,316 | 1,865,391 |
Ambac Financial Group, Inc. * | 14,820 | 327,522 |
American Equity Investment Life Holding Co. | 41,777 | 1,124,219 |
American Financial Group, Inc. | 24,090 | 2,265,905 |
American International Group, Inc. | 328,589 | 21,003,409 |
American National Insurance Co. | 3,070 | 368,707 |
AMERISAFE, Inc. | 5,892 | 378,856 |
AmTrust Financial Services, Inc. | 37,440 | 861,120 |
Aon plc | 89,209 | 10,317,021 |
Arch Capital Group Ltd. * | 42,220 | 3,992,745 |
Argo Group International Holdings Ltd. | 10,210 | 683,560 |
Arthur J. Gallagher & Co. | 61,210 | 3,485,909 |
Aspen Insurance Holdings Ltd. | 23,544 | 1,319,641 |
Assurant, Inc. | 19,396 | 1,920,204 |
Assured Guaranty Ltd. | 43,549 | 1,790,299 |
Axis Capital Holdings Ltd. | 33,142 | 2,296,741 |
Brown & Brown, Inc. | 38,259 | 1,648,963 |
Chubb Ltd. | 156,703 | 21,651,654 |
Cincinnati Financial Corp. | 50,031 | 3,650,262 |
CNA Financial Corp. | 11,788 | 505,469 |
CNO Financial Group, Inc. | 73,983 | 1,546,985 |
Employers Holdings, Inc. | 11,772 | 442,627 |
Endurance Specialty Holdings Ltd. | 18,482 | 1,717,532 |
Enstar Group Ltd. * | 4,600 | 891,250 |
Erie Indemnity Co., Class A | 8,843 | 1,048,868 |
Everest Re Group Ltd. | 13,220 | 3,108,551 |
FBL Financial Group, Inc., Class A | 6,158 | 420,899 |
First American Financial Corp. | 35,316 | 1,379,796 |
FNF Group | 88,399 | 3,388,334 |
Genworth Financial, Inc., Class A * | 174,001 | 711,664 |
Horace Mann Educators Corp. | 12,377 | 518,596 |
Infinity Property & Casualty Corp. | 2,943 | 277,378 |
Kemper Corp. | 17,658 | 749,582 |
Lincoln National Corp. | 77,223 | 5,417,966 |
Loews Corp. | 89,065 | 4,184,274 |
Maiden Holdings Ltd. | 15,080 | 232,986 |
Markel Corp. * | 4,503 | 4,411,724 |
Security | Number of Shares | Value ($) |
Marsh & McLennan Cos., Inc. | 174,268 | 12,805,213 |
MBIA, Inc. * | 74,150 | 765,228 |
Mercury General Corp. | 11,772 | 690,192 |
MetLife, Inc. | 378,097 | 19,827,407 |
National General Holdings Corp. | 21,574 | 525,111 |
National Western Life Group, Inc., Class A | 1,100 | 349,635 |
Old Republic International Corp. | 76,662 | 1,587,670 |
Primerica, Inc. | 14,715 | 1,188,236 |
Principal Financial Group, Inc. | 91,275 | 5,708,338 |
ProAssurance Corp. | 18,530 | 1,095,123 |
Prudential Financial, Inc. | 147,356 | 16,288,732 |
Reinsurance Group of America, Inc. | 23,544 | 3,062,133 |
RenaissanceRe Holdings Ltd. | 13,462 | 1,987,530 |
RLI Corp. | 11,772 | 688,073 |
Safety Insurance Group, Inc. | 5,886 | 417,906 |
Selective Insurance Group, Inc. | 17,658 | 782,249 |
Stewart Information Services Corp. | 6,658 | 295,682 |
The Allstate Corp. | 124,972 | 10,267,700 |
The Hanover Insurance Group, Inc. | 12,700 | 1,143,254 |
The Hartford Financial Services Group, Inc. | 122,126 | 5,970,740 |
The Navigators Group, Inc. | 5,898 | 324,685 |
The Progressive Corp. | 188,604 | 7,389,505 |
The Travelers Cos., Inc. | 94,391 | 11,538,356 |
Third Point Reinsurance Ltd. * | 36,512 | 452,749 |
Torchmark Corp. | 37,255 | 2,888,380 |
United Fire Group, Inc. | 6,092 | 257,204 |
Universal Insurance Holdings, Inc. | 18,706 | 504,127 |
Unum Group | 85,735 | 4,186,440 |
Validus Holdings Ltd. | 29,669 | 1,710,715 |
W.R. Berkley Corp. | 35,460 | 2,518,369 |
White Mountains Insurance Group Ltd. | 1,812 | 1,696,503 |
Willis Towers Watson plc | 44,556 | 5,722,327 |
XL Group Ltd. | 95,566 | 3,869,467 |
253,576,162 | ||
Materials 3.3% | ||
A. Schulman, Inc. | 8,982 | 303,143 |
AdvanSix, Inc. * | 10,136 | 276,510 |
Air Products & Chemicals, Inc. | 74,781 | 10,504,487 |
AK Steel Holding Corp. * | 106,496 | 887,112 |
Albemarle Corp. | 36,284 | 3,683,189 |
Alcoa Corp. | 49,030 | 1,695,948 |
Allegheny Technologies, Inc. | 47,316 | 908,940 |
AptarGroup, Inc. | 20,601 | 1,534,981 |
Ashland Global Holdings, Inc. | 19,542 | 2,357,938 |
Avery Dennison Corp. | 30,054 | 2,425,658 |
Axalta Coating Systems Ltd. * | 76,954 | 2,240,131 |
Balchem Corp. | 11,772 | 1,026,165 |
Ball Corp. | 57,819 | 4,251,431 |
Bemis Co., Inc. | 34,167 | 1,693,658 |
Berry Plastics Group, Inc. * | 38,736 | 1,949,583 |
Boise Cascade Co. * | 11,904 | 322,598 |
Cabot Corp. | 20,601 | 1,194,446 |
Calgon Carbon Corp. | 17,728 | 249,965 |
Carpenter Technology Corp. | 15,266 | 619,189 |
Celanese Corp., Series A | 47,472 | 4,233,078 |
CF Industries Holdings, Inc. | 80,270 | 2,522,083 |
Chemtura Corp. * | 33,900 | 1,123,785 |
Clearwater Paper Corp. * | 8,829 | 490,892 |
Cliffs Natural Resources, Inc. * | 83,408 | 889,129 |
Coeur Mining, Inc. * | 82,481 | 708,512 |
Commercial Metals Co. | 38,259 | 808,413 |
Compass Minerals International, Inc. | 11,772 | 892,318 |
Crown Holdings, Inc. * | 47,382 | 2,539,201 |
Deltic Timber Corp. | 3,171 | 235,669 |
Domtar Corp. | 23,544 | 896,791 |
Security | Number of Shares | Value ($) |
E.I. du Pont de Nemours & Co. | 298,795 | 23,467,359 |
Eagle Materials, Inc. | 15,297 | 1,586,452 |
Eastman Chemical Co. | 50,031 | 4,014,988 |
Ecolab, Inc. | 89,073 | 11,042,380 |
Ferro Corp. * | 26,764 | 374,696 |
Flotek Industries, Inc. * | 12,284 | 166,080 |
FMC Corp. | 44,192 | 2,546,343 |
Freeport-McMoRan, Inc. * | 453,841 | 6,081,469 |
GCP Applied Technologies, Inc. * | 24,215 | 638,065 |
Graphic Packaging Holding Co. | 106,067 | 1,415,994 |
Greif, Inc., Class A | 9,831 | 560,662 |
H.B. Fuller Co. | 14,957 | 739,025 |
Hawkins, Inc. | 7,922 | 391,743 |
Haynes International, Inc. | 5,886 | 229,907 |
Headwaters, Inc. * | 27,479 | 632,017 |
Hecla Mining Co. | 145,949 | 814,395 |
Huntsman Corp. | 65,534 | 1,481,068 |
Ingevity Corp. * | 13,427 | 724,655 |
Innophos Holdings, Inc. | 8,829 | 467,849 |
Innospec, Inc. | 10,500 | 685,650 |
International Flavors & Fragrances, Inc. | 26,487 | 3,329,416 |
International Paper Co. | 142,072 | 7,487,194 |
Kaiser Aluminum Corp. | 5,886 | 463,993 |
KapStone Paper & Packaging Corp. | 33,690 | 761,394 |
Koppers Holdings, Inc. * | 12,300 | 539,355 |
Kraton Corp. * | 9,127 | 248,528 |
Louisiana-Pacific Corp. * | 44,145 | 1,040,939 |
LyondellBasell Industries N.V., Class A | 115,820 | 10,567,417 |
Martin Marietta Materials, Inc. | 21,677 | 4,681,148 |
Materion Corp. | 5,992 | 208,821 |
McEwen Mining, Inc. (a) | 103,400 | 354,662 |
Mercer International, Inc. | 30,670 | 369,574 |
Minerals Technologies, Inc. | 11,800 | 911,550 |
Monsanto Co. | 147,648 | 16,806,772 |
Neenah Paper, Inc. | 3,396 | 248,757 |
NewMarket Corp. | 3,069 | 1,337,133 |
Newmont Mining Corp. | 180,551 | 6,182,066 |
Nucor Corp. | 107,214 | 6,708,380 |
Olin Corp. | 50,702 | 1,575,818 |
Owens-Illinois, Inc. * | 55,500 | 1,098,900 |
P.H. Glatfelter Co. | 12,216 | 269,974 |
Packaging Corp. of America | 32,373 | 2,992,236 |
Platform Specialty Products Corp. * | 56,212 | 741,436 |
PolyOne Corp. | 29,430 | 991,202 |
PPG Industries, Inc. | 89,634 | 9,181,211 |
Praxair, Inc. | 97,489 | 11,572,919 |
Quaker Chemical Corp. | 5,886 | 775,069 |
Reliance Steel & Aluminum Co. | 23,591 | 1,996,978 |
Royal Gold, Inc. | 20,616 | 1,361,687 |
RPM International, Inc. | 44,145 | 2,352,487 |
Schnitzer Steel Industries, Inc., Class A | 21,539 | 512,628 |
Schweitzer-Mauduit International, Inc. | 11,772 | 483,005 |
Sealed Air Corp. | 70,786 | 3,290,133 |
Sensient Technologies Corp. | 17,658 | 1,411,581 |
Silgan Holdings, Inc. | 14,816 | 883,330 |
Sonoco Products Co. | 32,373 | 1,726,128 |
Steel Dynamics, Inc. | 84,340 | 3,086,844 |
Stepan Co. | 5,886 | 445,041 |
Stillwater Mining Co. * | 40,824 | 696,457 |
Summit Materials, Inc., Class A * | 34,468 | 823,441 |
The Chemours Co. | 67,528 | 2,272,993 |
The Dow Chemical Co. | 378,368 | 23,557,192 |
The Mosaic Co. | 120,157 | 3,747,697 |
The Scotts Miracle-Gro Co., Class A | 14,715 | 1,333,620 |
The Sherwin-Williams Co. | 27,394 | 8,452,145 |
The Valspar Corp. | 24,068 | 2,676,843 |
Trinseo S.A. | 18,752 | 1,296,701 |
Tronox Ltd., Class A | 44,200 | 765,986 |
Security | Number of Shares | Value ($) |
United States Steel Corp. | 64,812 | 2,509,521 |
US Concrete, Inc. * | 6,654 | 419,202 |
Vulcan Materials Co. | 44,518 | 5,369,316 |
W.R. Grace & Co. | 24,215 | 1,715,391 |
Westlake Chemical Corp. | 12,066 | 765,346 |
WestRock Co. | 82,607 | 4,437,648 |
Worthington Industries, Inc. | 11,333 | 555,884 |
281,916,829 | ||
Media 3.1% | ||
AMC Entertainment Holdings, Inc., Class A | 12,608 | 395,261 |
AMC Networks, Inc., Class A * | 20,601 | 1,232,146 |
Cable One, Inc. | 1,612 | 1,008,177 |
CBS Corp., Class B Non-Voting Shares | 140,198 | 9,241,852 |
Charter Communications, Inc., Class A * | 73,351 | 23,696,774 |
Cinemark Holdings, Inc. | 35,316 | 1,478,681 |
Comcast Corp., Class A | 1,607,514 | 60,153,174 |
Discovery Communications, Inc., Class A * | 47,518 | 1,366,618 |
Discovery Communications, Inc., Class C * | 74,802 | 2,099,692 |
DISH Network Corp., Class A * | 74,223 | 4,601,826 |
Gannett Co., Inc. | 36,483 | 318,132 |
Gray Television, Inc. * | 40,391 | 549,318 |
John Wiley & Sons, Inc., Class A | 15,115 | 789,003 |
Liberty Broadband Corp., Class A * | 7,146 | 602,122 |
Liberty Broadband Corp., Class C * | 24,530 | 2,108,108 |
Liberty Global plc LiLAC, Class C * | 41,066 | 1,009,813 |
Liberty Global plc, Class A * | 101,517 | 3,624,157 |
Liberty Global plc, Series C * | 217,088 | 7,617,618 |
Liberty Media Corp. - Liberty Braves, Class C * | 12,067 | 265,353 |
Liberty Media Corp. - Liberty Formula One, Class A * | 5,921 | 178,281 |
Liberty Media Corp. - Liberty Formula One, Class C * | 18,585 | 570,559 |
Liberty Media Corp. - Liberty SiriusXM, Class A * | 34,214 | 1,345,637 |
Liberty Media Corp. - Liberty SiriusXM, Class C * | 63,077 | 2,455,588 |
Lions Gate Entertainment Corp., Class A | 18,850 | 504,614 |
Lions Gate Entertainment Corp., Class B * | 35,604 | 889,388 |
Live Nation Entertainment, Inc. * | 44,236 | 1,256,745 |
Meredith Corp. | 14,715 | 922,630 |
MSG Networks, Inc., Class A * | 18,111 | 394,820 |
National CineMedia, Inc. | 20,629 | 264,670 |
New Media Investment Group, Inc. | 19,490 | 300,731 |
News Corp., Class A | 159,642 | 2,046,610 |
Nexstar Media Group, Inc. | 16,402 | 1,130,918 |
Omnicom Group, Inc. | 77,610 | 6,604,611 |
Regal Entertainment Group, Class A | 26,487 | 571,589 |
Scholastic Corp. | 9,909 | 446,500 |
Scripps Networks Interactive, Inc., Class A | 33,259 | 2,686,329 |
Sinclair Broadcast Group, Inc., Class A | 21,752 | 867,905 |
Sirius XM Holdings, Inc. (a) | 578,824 | 2,946,214 |
TEGNA, Inc. | 73,917 | 1,894,493 |
The E.W. Scripps Co., Class A * | 24,667 | 568,081 |
The Interpublic Group of Cos., Inc. | 141,299 | 3,405,306 |
The Madison Square Garden Co., Class A * | 6,037 | 1,082,796 |
The New York Times Co., Class A | 52,974 | 762,826 |
The Walt Disney Co. | 494,898 | 54,483,321 |
Time Warner, Inc. | 261,699 | 25,701,459 |
Time, Inc. | 35,709 | 626,693 |
Tribune Media Co., Class A | 25,176 | 869,076 |
Twenty-First Century Fox, Inc., Class A | 373,462 | 11,173,983 |
Twenty-First Century Fox, Inc., Class B | 163,521 | 4,799,341 |
Security | Number of Shares | Value ($) |
Viacom, Inc., Class A | 7,154 | 325,865 |
Viacom, Inc., Class B | 113,841 | 4,946,391 |
World Wrestling Entertainment, Inc., Class A | 16,585 | 347,953 |
259,529,748 | ||
Pharmaceuticals, Biotechnology & Life Sciences 8.1% | ||
AbbVie, Inc. | 549,043 | 33,952,819 |
ACADIA Pharmaceuticals, Inc. * | 30,180 | 1,150,160 |
Accelerate Diagnostics, Inc. *(a) | 9,024 | 230,112 |
Acceleron Pharma, Inc. * | 8,929 | 238,583 |
Acorda Therapeutics, Inc. * | 17,750 | 469,488 |
Aduro Biotech, Inc. *(a) | 26,800 | 301,500 |
Aerie Pharmaceuticals, Inc. * | 18,500 | 875,975 |
Agilent Technologies, Inc. | 111,834 | 5,737,084 |
Agios Pharmaceuticals, Inc. * | 12,644 | 612,475 |
Akorn, Inc. * | 29,820 | 620,554 |
Alexion Pharmaceuticals, Inc. * | 77,122 | 10,122,262 |
Alkermes plc * | 55,156 | 3,116,314 |
Allergan plc | 126,223 | 30,901,915 |
Alnylam Pharmaceuticals, Inc. * | 24,091 | 1,244,059 |
AMAG Pharmaceuticals, Inc. * | 12,500 | 280,625 |
Amgen, Inc. | 250,870 | 44,286,081 |
Amicus Therapeutics, Inc. * | 44,660 | 289,843 |
Amphastar Pharmaceuticals, Inc. * | 20,600 | 318,682 |
AquaBounty Technologies, Inc. * | 307 | 4,366 |
Arena Pharmaceuticals, Inc. * | 185,843 | 293,632 |
Array BioPharma, Inc. * | 52,125 | 599,437 |
Arrowhead Pharmaceuticals, Inc. *(a) | 52,100 | 117,746 |
Avexis, Inc. * | 7,250 | 444,570 |
Bio-Rad Laboratories, Inc., Class A * | 7,886 | 1,534,931 |
Bio-Techne Corp. | 11,772 | 1,251,599 |
Biogen, Inc. * | 74,590 | 21,526,674 |
BioMarin Pharmaceutical, Inc. * | 57,189 | 5,371,763 |
Bioverativ, Inc. * | 37,269 | 1,940,970 |
Bluebird Bio, Inc. * | 13,500 | 1,183,275 |
Blueprint Medicines Corp. * | 13,600 | 478,448 |
Bristol-Myers Squibb Co. | 562,250 | 31,885,197 |
Bruker Corp. | 35,779 | 864,063 |
Cambrex Corp. * | 9,228 | 519,998 |
Catalent, Inc. * | 42,616 | 1,223,079 |
Celgene Corp. * | 264,063 | 32,614,421 |
Celldex Therapeutics, Inc. * | 87,469 | 309,640 |
Charles River Laboratories International, Inc. * | 15,009 | 1,305,333 |
Clovis Oncology, Inc. * | 14,700 | 849,807 |
Coherus Biosciences, Inc. * | 10,227 | 241,357 |
Corcept Therapeutics, Inc. * | 68,300 | 614,017 |
Depomed, Inc. * | 18,034 | 295,577 |
Dermira, Inc. * | 7,426 | 250,182 |
Eagle Pharmaceuticals, Inc. *(a) | 3,777 | 289,658 |
Eli Lilly & Co. | 330,893 | 27,401,249 |
Emergent BioSolutions, Inc. * | 14,810 | 464,738 |
Endo International plc * | 68,096 | 929,510 |
Exact Sciences Corp. * | 37,900 | 815,608 |
Exelixis, Inc. * | 83,946 | 1,807,357 |
FibroGen, Inc. * | 20,875 | 521,875 |
Five Prime Therapeutics, Inc. * | 11,200 | 513,744 |
Gilead Sciences, Inc. | 446,132 | 31,443,383 |
Halozyme Therapeutics, Inc. * | 74,380 | 953,552 |
Horizon Pharma plc * | 57,359 | 920,612 |
Illumina, Inc. * | 50,733 | 8,492,704 |
INC Research Holdings, Inc., Class A * | 15,834 | 691,154 |
Incyte Corp. * | 61,143 | 8,138,133 |
Innoviva, Inc. * | 41,414 | 478,332 |
Inovio Pharmaceuticals, Inc. *(a) | 43,700 | 308,085 |
Insmed, Inc. * | 36,612 | 583,229 |
Security | Number of Shares | Value ($) |
Intercept Pharmaceuticals, Inc. * | 5,925 | 755,971 |
Intersect ENT, Inc. * | 25,400 | 345,440 |
Intra-Cellular Therapies, Inc. * | 9,461 | 123,466 |
Intrexon Corp. *(a) | 21,162 | 471,066 |
Ionis Pharmaceuticals, Inc. * | 38,354 | 1,908,879 |
Ironwood Pharmaceuticals, Inc. * | 39,502 | 667,189 |
Jazz Pharmaceuticals plc * | 23,553 | 3,123,599 |
Johnson & Johnson | 923,312 | 112,837,960 |
Juno Therapeutics, Inc. *(a) | 30,510 | 733,460 |
Keryx Biopharmaceuticals, Inc. *(a) | 74,325 | 373,855 |
Kite Pharma, Inc. *(a) | 12,280 | 869,056 |
Lannett Co., Inc. *(a) | 9,512 | 209,264 |
Lexicon Pharmaceuticals, Inc. *(d) | 13,026 | 221,611 |
Ligand Pharmaceuticals, Inc., Class B * | 6,814 | 712,949 |
Lion Biotechnologies, Inc. * | 32,415 | 247,975 |
Luminex Corp. * | 14,715 | 273,405 |
MacroGenics, Inc. * | 9,903 | 209,349 |
Mallinckrodt plc * | 36,375 | 1,906,777 |
Merck & Co., Inc. | 932,944 | 61,453,021 |
Mettler-Toledo International, Inc. * | 9,076 | 4,322,173 |
MiMedx Group, Inc. *(a) | 24,508 | 210,034 |
Momenta Pharmaceuticals, Inc. * | 26,000 | 401,700 |
Mylan N.V. * | 151,988 | 6,360,698 |
Myriad Genetics, Inc. * | 23,274 | 452,214 |
Nektar Therapeutics * | 44,145 | 577,417 |
Neurocrine Biosciences, Inc. * | 31,432 | 1,388,037 |
Omeros Corp. *(a) | 34,000 | 413,780 |
Ophthotech Corp. * | 9,595 | 34,350 |
OPKO Health, Inc. *(a) | 128,359 | 1,076,932 |
Otonomy, Inc. * | 20,900 | 310,365 |
Pacific Biosciences of California, Inc. * | 44,500 | 224,725 |
Pacira Pharmaceuticals, Inc. * | 10,190 | 445,303 |
PAREXEL International Corp. * | 20,601 | 1,332,679 |
PerkinElmer, Inc. | 41,899 | 2,273,440 |
Perrigo Co., plc | 47,712 | 3,567,426 |
Pfizer, Inc. | 2,064,665 | 70,446,370 |
Phibro Animal Health Corp., Class A | 9,631 | 268,223 |
Portola Pharmaceuticals, Inc. * | 20,875 | 723,945 |
PRA Health Sciences, Inc. * | 15,429 | 910,465 |
Prestige Brands Holdings, Inc. * | 21,008 | 1,189,473 |
Prothena Corp. plc * | 13,600 | 797,640 |
Puma Biotechnology, Inc. * | 10,223 | 375,184 |
Quintiles IMS Holdings, Inc. * | 49,436 | 3,825,852 |
Radius Health, Inc. * | 13,400 | 564,676 |
Regeneron Pharmaceuticals, Inc. * | 25,417 | 9,493,249 |
Repligen Corp. * | 16,305 | 513,771 |
Retrophin, Inc. * | 14,500 | 308,415 |
Sage Therapeutics, Inc. * | 10,714 | 722,124 |
Sarepta Therapeutics, Inc. * | 17,790 | 553,447 |
SciClone Pharmaceuticals, Inc. * | 27,629 | 273,527 |
Seattle Genetics, Inc. * | 36,035 | 2,365,698 |
Spark Therapeutics, Inc. * | 7,154 | 456,282 |
Supernus Pharmaceuticals, Inc. * | 16,485 | 423,665 |
Synergy Pharmaceuticals, Inc. * | 78,376 | 453,797 |
TESARO, Inc. * | 11,429 | 2,152,881 |
The Medicines Co. * | 28,208 | 1,478,663 |
TherapeuticsMD, Inc. *(a) | 45,515 | 285,834 |
Theravance Biopharma, Inc. * | 17,035 | 521,612 |
Thermo Fisher Scientific, Inc. | 134,250 | 21,168,540 |
Ultragenyx Pharmaceutical, Inc. * | 14,846 | 1,263,098 |
United Therapeutics Corp. * | 14,927 | 2,205,016 |
Vanda Pharmaceuticals, Inc. * | 23,600 | 336,300 |
Vertex Pharmaceuticals, Inc. * | 84,106 | 7,621,686 |
VWR Corp. * | 24,080 | 676,648 |
Waters Corp. * | 26,629 | 4,127,229 |
Xencor, Inc. * | 18,200 | 452,270 |
Security | Number of Shares | Value ($) |
ZIOPHARM Oncology, Inc. *(a) | 68,235 | 433,292 |
Zoetis, Inc. | 169,108 | 9,015,147 |
682,461,120 | ||
Real Estate 4.1% | ||
Acadia Realty Trust | 23,685 | 758,631 |
Agree Realty Corp. | 12,008 | 595,957 |
Alexander & Baldwin, Inc. | 14,715 | 659,673 |
Alexander's, Inc. | 1,299 | 567,858 |
Alexandria Real Estate Equities, Inc. | 28,043 | 3,345,810 |
American Assets Trust, Inc. | 24,259 | 1,067,396 |
American Campus Communities, Inc. | 45,215 | 2,310,486 |
American Homes 4 Rent, Class A | 72,339 | 1,719,498 |
American Tower Corp. | 141,850 | 16,282,961 |
Apartment Investment & Management Co., Class A | 47,094 | 2,191,284 |
Apple Hospitality REIT, Inc. | 53,786 | 1,056,357 |
Ashford Hospitality Prime, Inc. | 24,700 | 322,335 |
AvalonBay Communities, Inc. | 47,251 | 8,683,789 |
Boston Properties, Inc. | 50,031 | 6,955,810 |
Brandywine Realty Trust | 50,031 | 833,516 |
Brixmor Property Group, Inc. | 92,026 | 2,147,887 |
Camden Property Trust | 26,487 | 2,242,125 |
Care Capital Properties, Inc. | 25,441 | 668,844 |
CareTrust REIT, Inc. | 37,275 | 588,200 |
CBL & Associates Properties, Inc. | 55,917 | 560,848 |
CBRE Group, Inc., Class A * | 97,336 | 3,467,108 |
Cedar Realty Trust, Inc. | 24,583 | 144,302 |
Chatham Lodging Trust | 15,585 | 312,168 |
Chesapeake Lodging Trust | 21,457 | 518,401 |
Colony NorthStar, Inc., Class A | 194,082 | 2,849,124 |
Colony Starwood Homes | 12,473 | 410,362 |
Columbia Property Trust, Inc. | 38,888 | 897,924 |
CoreCivic, Inc. | 54,084 | 1,822,631 |
CoreSite Realty Corp. | 11,090 | 998,876 |
Corporate Office Properties Trust | 24,080 | 820,887 |
Cousins Properties, Inc. | 152,486 | 1,303,755 |
Crown Castle International Corp. | 123,076 | 11,511,298 |
CubeSmart | 59,856 | 1,631,076 |
CyrusOne, Inc. | 32,395 | 1,648,906 |
DCT Industrial Trust, Inc. | 31,904 | 1,526,287 |
DDR Corp. | 100,193 | 1,448,791 |
DiamondRock Hospitality Co. | 61,841 | 672,212 |
Digital Realty Trust, Inc. | 53,617 | 5,790,636 |
Douglas Emmett, Inc. | 41,202 | 1,662,089 |
Duke Realty Corp. | 118,867 | 3,047,750 |
DuPont Fabros Technology, Inc. | 20,601 | 1,060,745 |
EastGroup Properties, Inc. | 11,772 | 875,130 |
Education Realty Trust, Inc. | 25,232 | 1,063,529 |
Empire State Realty Trust, Inc., Class A | 65,952 | 1,438,413 |
EPR Properties | 19,462 | 1,497,796 |
Equinix, Inc. | 23,896 | 8,986,569 |
Equity Commonwealth * | 38,978 | 1,218,452 |
Equity LifeStyle Properties, Inc. | 29,430 | 2,343,217 |
Equity One, Inc. | 27,215 | 861,627 |
Equity Residential | 127,820 | 8,061,607 |
Essex Property Trust, Inc. | 22,798 | 5,350,691 |
Extra Space Storage, Inc. | 40,043 | 3,171,005 |
Federal Realty Investment Trust | 25,083 | 3,529,931 |
FelCor Lodging Trust, Inc. | 41,202 | 298,715 |
First Industrial Realty Trust, Inc. | 41,838 | 1,125,442 |
Forest City Realty Trust, Inc., Class A | 68,891 | 1,574,159 |
Four Corners Property Trust, Inc. | 21,817 | 483,901 |
Franklin Street Properties Corp. | 48,760 | 604,136 |
Gaming & Leisure Properties, Inc. | 64,698 | 2,070,336 |
Getty Realty Corp. | 10,524 | 277,728 |
GGP, Inc. | 212,512 | 5,283,048 |
Security | Number of Shares | Value ($) |
Global Net Lease, Inc. | 62,876 | 515,583 |
Government Properties Income Trust | 23,932 | 493,239 |
Gramercy Property Trust | 47,364 | 1,324,297 |
HCP, Inc. | 150,906 | 4,948,208 |
Healthcare Realty Trust, Inc. | 39,317 | 1,256,571 |
Healthcare Trust of America, Inc., Class A | 38,373 | 1,234,459 |
Hersha Hospitality Trust | 20,816 | 406,120 |
HFF, Inc., Class A | 14,715 | 436,300 |
Highwoods Properties, Inc. | 32,609 | 1,711,646 |
Hospitality Properties Trust | 48,154 | 1,530,334 |
Host Hotels & Resorts, Inc. | 239,463 | 4,307,939 |
Hudson Pacific Properties, Inc. | 41,284 | 1,510,169 |
Investors Real Estate Trust | 69,307 | 450,496 |
Iron Mountain, Inc. | 77,793 | 2,827,776 |
iStar, Inc. * | 23,568 | 283,759 |
Jones Lang LaSalle, Inc. | 14,715 | 1,687,810 |
Kennedy-Wilson Holdings, Inc. | 31,534 | 695,325 |
Kilroy Realty Corp. | 33,043 | 2,549,267 |
Kimco Realty Corp. | 132,435 | 3,211,549 |
Kite Realty Group Trust | 26,801 | 607,043 |
Lamar Advertising Co., Class A | 27,179 | 2,051,471 |
LaSalle Hotel Properties | 47,905 | 1,384,455 |
Lexington Realty Trust | 58,874 | 657,034 |
Liberty Property Trust | 47,336 | 1,866,932 |
Life Storage, Inc. | 16,240 | 1,439,351 |
LTC Properties, Inc. | 12,544 | 605,123 |
Mack-Cali Realty Corp. | 27,685 | 807,018 |
Medical Properties Trust, Inc. | 119,382 | 1,602,106 |
Mid-America Apartment Communities, Inc. | 37,590 | 3,861,621 |
Monmouth Real Estate Investment Corp., Class A | 21,499 | 313,885 |
Monogram Residential Trust, Inc. | 86,109 | 886,062 |
National Health Investors, Inc. | 13,815 | 1,046,072 |
National Retail Properties, Inc. | 47,476 | 2,147,814 |
National Storage Affiliates Trust | 20,600 | 498,932 |
New Senior Investment Group, Inc. | 56,019 | 593,801 |
NorthStar Realty Europe Corp. | 18,688 | 226,872 |
Omega Healthcare Investors, Inc. | 71,506 | 2,333,956 |
One Liberty Properties, Inc. | 8,927 | 219,336 |
Outfront Media, Inc. | 59,600 | 1,546,620 |
Paramount Group, Inc. | 47,730 | 831,934 |
Park Hotels & Resorts, Inc. | 34,947 | 892,546 |
Parkway, Inc. * | 18,932 | 397,193 |
Pebblebrook Hotel Trust | 24,662 | 709,033 |
Pennsylvania Real Estate Investment Trust | 20,601 | 339,917 |
Physicians Realty Trust | 44,915 | 894,707 |
Piedmont Office Realty Trust, Inc., Class A | 58,860 | 1,350,248 |
Potlatch Corp. | 14,715 | 651,139 |
Prologis, Inc. | 176,754 | 9,023,292 |
PS Business Parks, Inc. | 6,164 | 716,318 |
Public Storage | 51,918 | 11,809,268 |
QTS Realty Trust, Inc., Class A | 18,611 | 978,939 |
Quality Care Properties, Inc. * | 30,128 | 571,829 |
Ramco-Gershenson Properties Trust | 26,000 | 407,160 |
Rayonier, Inc. | 41,202 | 1,180,025 |
RE/MAX Holdings, Inc., Class A | 7,250 | 416,875 |
Realogy Holdings Corp. | 49,312 | 1,365,942 |
Realty Income Corp. | 83,602 | 5,123,131 |
Regency Centers Corp. | 34,282 | 2,411,739 |
Retail Opportunity Investments Corp. | 27,261 | 599,742 |
Retail Properties of America, Inc., Class A | 76,998 | 1,186,539 |
Rexford Industrial Realty, Inc. | 26,793 | 615,703 |
RLJ Lodging Trust | 45,198 | 1,028,706 |
Ryman Hospitality Properties, Inc. | 15,464 | 996,964 |
Sabra Health Care REIT, Inc. | 39,797 | 1,082,478 |
Saul Centers, Inc. | 3,298 | 211,204 |
SBA Communications Corp. * | 41,483 | 4,802,487 |
Security | Number of Shares | Value ($) |
Select Income REIT | 20,875 | 542,750 |
Senior Housing Properties Trust | 83,377 | 1,709,228 |
Seritage Growth Properties, Class A (a) | 9,103 | 423,107 |
Silver Bay Realty Trust Corp. | 12,857 | 276,811 |
Simon Property Group, Inc. | 108,867 | 20,075,075 |
SL Green Realty Corp. | 33,320 | 3,754,498 |
Spirit Realty Capital, Inc. | 161,985 | 1,780,215 |
STAG Industrial, Inc. | 23,608 | 609,795 |
STORE Capital Corp. | 44,382 | 1,105,556 |
Summit Hotel Properties, Inc. | 30,310 | 466,471 |
Sun Communities, Inc. | 19,513 | 1,616,262 |
Sunstone Hotel Investors, Inc. | 62,179 | 917,140 |
Tanger Factory Outlet Centers, Inc. | 29,635 | 1,003,737 |
Taubman Centers, Inc. | 20,601 | 1,437,126 |
Terreno Realty Corp. | 16,485 | 456,635 |
The GEO Group, Inc. | 26,559 | 1,264,474 |
The Howard Hughes Corp. * | 10,329 | 1,201,986 |
The Macerich Co. | 44,145 | 2,974,490 |
The St. Joe Co. * | 32,373 | 535,773 |
Tier REIT, Inc. | 31,700 | 573,136 |
UDR, Inc. | 90,362 | 3,298,213 |
Uniti Group, Inc. | 54,149 | 1,568,697 |
Universal Health Realty Income Trust | 5,886 | 377,763 |
Urban Edge Properties | 53,388 | 1,480,449 |
Urstadt Biddle Properties, Inc., Class A | 10,227 | 227,858 |
Ventas, Inc. | 115,329 | 7,502,151 |
VEREIT, Inc. | 334,063 | 3,029,951 |
Vornado Realty Trust | 61,843 | 6,794,690 |
Washington Prime Group, Inc. | 71,200 | 660,024 |
Washington Real Estate Investment Trust | 20,601 | 673,859 |
Weingarten Realty Investors | 41,202 | 1,461,435 |
Welltower, Inc. | 120,691 | 8,494,233 |
Weyerhaeuser Co. | 265,529 | 8,953,638 |
WP Carey, Inc. | 36,102 | 2,277,675 |
Xenia Hotels & Resorts, Inc. | 36,670 | 644,292 |
344,060,627 | ||
Retailing 4.9% | ||
Aaron's, Inc. | 26,487 | 722,565 |
Advance Auto Parts, Inc. | 25,758 | 4,033,960 |
Amazon.com, Inc. * | 133,667 | 112,953,962 |
American Eagle Outfitters, Inc. | 62,584 | 991,956 |
Asbury Automotive Group, Inc. * | 9,155 | 596,448 |
Ascena Retail Group, Inc. * | 61,000 | 280,600 |
AutoNation, Inc. * | 27,679 | 1,270,466 |
AutoZone, Inc. * | 9,749 | 7,180,626 |
Barnes & Noble Education, Inc. * | 7,281 | 69,898 |
Bed Bath & Beyond, Inc. | 54,748 | 2,211,819 |
Best Buy Co., Inc. | 95,795 | 4,227,433 |
Big Lots, Inc. | 20,729 | 1,064,227 |
Burlington Stores, Inc. * | 25,674 | 2,285,243 |
Cabela's, Inc. * | 14,997 | 702,459 |
Caleres, Inc. | 17,670 | 527,803 |
CarMax, Inc. * | 66,872 | 4,315,919 |
Chico's FAS, Inc. | 51,600 | 747,168 |
Core-Mark Holding Co., Inc. | 19,626 | 638,238 |
CST Brands, Inc. | 24,245 | 1,166,912 |
Dick's Sporting Goods, Inc. | 29,830 | 1,460,179 |
Dillard's, Inc., Class A | 6,470 | 352,744 |
Dollar General Corp. | 86,645 | 6,326,818 |
Dollar Tree, Inc. * | 77,683 | 5,956,732 |
DSW, Inc., Class A | 27,300 | 574,119 |
Etsy, Inc. * | 36,532 | 442,768 |
Expedia, Inc. | 39,175 | 4,663,392 |
Five Below, Inc. * | 21,054 | 811,632 |
Foot Locker, Inc. | 44,760 | 3,386,989 |
Francesca's Holdings Corp. * | 6,586 | 111,764 |
Security | Number of Shares | Value ($) |
Fred's, Inc., Class A (a) | 11,785 | 208,948 |
FTD Cos., Inc. * | 11,908 | 287,697 |
GameStop Corp., Class A | 38,647 | 944,533 |
Genesco, Inc. * | 8,829 | 514,731 |
Genuine Parts Co. | 50,031 | 4,788,467 |
GNC Holdings, Inc., Class A | 24,500 | 203,350 |
Group 1 Automotive, Inc. | 8,829 | 685,925 |
Groupon, Inc. * | 136,200 | 576,126 |
Guess?, Inc. | 21,601 | 274,333 |
Haverty Furniture Cos., Inc. | 14,704 | 341,133 |
Hibbett Sports, Inc. * | 6,480 | 191,160 |
HSN, Inc. | 12,200 | 459,940 |
J.C. Penney Co., Inc. *(a) | 103,724 | 657,610 |
Kohl's Corp. | 60,344 | 2,571,861 |
L Brands, Inc. | 84,428 | 4,442,601 |
Liberty Expedia Holdings, Inc., Class A * | 17,918 | 775,491 |
Liberty Interactive Corp. QVC Group, Class A * | 151,276 | 2,856,091 |
Liberty TripAdvisor Holdings, Inc., Class A * | 23,716 | 318,980 |
Liberty Ventures, Series A * | 26,877 | 1,178,825 |
Lithia Motors, Inc., Class A | 9,287 | 888,487 |
LKQ Corp. * | 105,124 | 3,319,816 |
Lowe's Cos., Inc. | 291,866 | 21,706,074 |
Lumber Liquidators Holdings, Inc. *(a) | 21,615 | 383,234 |
Macy's, Inc. | 99,359 | 3,300,706 |
Monro Muffler Brake, Inc. | 9,039 | 519,743 |
Murphy USA, Inc. * | 14,989 | 954,799 |
Netflix, Inc. * | 146,369 | 20,803,426 |
Nordstrom, Inc. | 40,131 | 1,872,512 |
Nutrisystem, Inc. | 12,508 | 581,622 |
O'Reilly Automotive, Inc. * | 31,086 | 8,446,377 |
Office Depot, Inc. | 194,400 | 810,648 |
Ollie's Bargain Outlet Holdings, Inc. * | 15,605 | 489,217 |
Penske Automotive Group, Inc. | 12,126 | 609,938 |
Pool Corp. | 12,956 | 1,486,183 |
RH *(a) | 13,000 | 395,720 |
Ross Stores, Inc. | 134,106 | 9,196,990 |
Sally Beauty Holdings, Inc. * | 50,031 | 1,094,178 |
Select Comfort Corp. * | 15,805 | 371,259 |
Shutterfly, Inc. * | 15,645 | 709,970 |
Signet Jewelers Ltd. | 25,820 | 1,641,894 |
Sonic Automotive, Inc., Class A | 14,725 | 319,533 |
Staples, Inc. | 212,179 | 1,907,489 |
Tailored Brands, Inc. | 31,510 | 728,196 |
Target Corp. | 191,825 | 11,273,555 |
The Cato Corp., Class A | 8,848 | 221,288 |
The Children's Place, Inc. | 6,322 | 640,419 |
The Finish Line, Inc., Class A | 22,807 | 371,754 |
The Gap, Inc. | 86,345 | 2,143,083 |
The Home Depot, Inc. | 410,694 | 59,513,668 |
The Michaels Cos., Inc. * | 40,717 | 818,005 |
The Priceline Group, Inc. * | 16,559 | 28,549,869 |
The TJX Cos., Inc. | 219,062 | 17,185,414 |
Tiffany & Co. | 38,306 | 3,519,172 |
Tractor Supply Co. | 48,332 | 3,427,222 |
TripAdvisor, Inc. * | 42,244 | 1,751,859 |
Ulta Salon, Cosmetics & Fragrance, Inc. * | 20,601 | 5,632,931 |
Urban Outfitters, Inc. * | 35,658 | 928,178 |
Wayfair, Inc., Class A *(a) | 10,131 | 383,053 |
Williams-Sonoma, Inc. | 26,881 | 1,306,148 |
412,556,270 | ||
Semiconductors & Semiconductor Equipment 3.1% | ||
Advanced Energy Industries, Inc. * | 16,364 | 1,016,204 |
Advanced Micro Devices, Inc. * | 258,198 | 3,733,543 |
Amkor Technology, Inc. * | 44,405 | 436,057 |
Security | Number of Shares | Value ($) |
Analog Devices, Inc. | 106,404 | 8,717,680 |
Applied Materials, Inc. | 363,474 | 13,165,028 |
Broadcom Ltd. | 132,356 | 27,917,851 |
Brooks Automation, Inc. | 23,544 | 491,128 |
Cabot Microelectronics Corp. | 8,829 | 611,143 |
Cavium, Inc. * | 27,168 | 1,779,776 |
CEVA, Inc. * | 3,457 | 115,464 |
Cirrus Logic, Inc. * | 23,645 | 1,278,722 |
Cree, Inc. * | 35,900 | 974,326 |
Cypress Semiconductor Corp. | 103,753 | 1,376,802 |
Diodes, Inc. * | 11,772 | 280,998 |
Entegris, Inc. * | 44,145 | 935,874 |
First Solar, Inc. * | 27,757 | 1,004,526 |
FormFactor, Inc. * | 44,958 | 478,803 |
Inphi Corp. * | 13,508 | 634,066 |
Integrated Device Technology, Inc. * | 44,709 | 1,068,992 |
Intel Corp. | 1,605,047 | 58,102,701 |
KLA-Tencor Corp. | 50,615 | 4,561,424 |
Kulicke & Soffa Industries, Inc. * | 26,487 | 542,189 |
Lam Research Corp. | 54,077 | 6,410,288 |
Lattice Semiconductor Corp. * | 36,040 | 254,803 |
Linear Technology Corp. | 81,748 | 5,279,286 |
MACOM Technology Solutions Holdings, Inc. * | 13,183 | 607,604 |
Marvell Technology Group Ltd. | 173,828 | 2,711,717 |
Maxim Integrated Products, Inc. | 94,270 | 4,176,161 |
MaxLinear, Inc., Class A * | 20,000 | 520,800 |
Microchip Technology, Inc. | 74,017 | 5,367,713 |
Micron Technology, Inc. * | 358,844 | 8,411,303 |
Microsemi Corp. * | 38,405 | 1,990,147 |
MKS Instruments, Inc. | 17,658 | 1,158,365 |
Monolithic Power Systems, Inc. | 14,025 | 1,233,779 |
NVIDIA Corp. | 181,045 | 18,372,447 |
ON Semiconductor Corp. * | 141,264 | 2,137,324 |
Photronics, Inc. * | 36,824 | 394,017 |
Power Integrations, Inc. | 12,900 | 815,280 |
Qorvo, Inc. * | 42,646 | 2,818,901 |
QUALCOMM, Inc. | 495,794 | 28,002,445 |
Rambus, Inc. * | 35,316 | 443,569 |
Rudolph Technologies, Inc. * | 10,185 | 218,977 |
Semtech Corp. * | 26,500 | 886,425 |
Silicon Laboratories, Inc. * | 14,715 | 993,262 |
Skyworks Solutions, Inc. | 61,803 | 5,859,542 |
SolarEdge Technologies, Inc. *(a) | 22,000 | 322,300 |
Synaptics, Inc. * | 11,772 | 625,682 |
Teradyne, Inc. | 76,466 | 2,174,693 |
Texas Instruments, Inc. | 341,733 | 26,183,582 |
Ultratech, Inc. * | 18,036 | 520,339 |
Veeco Instruments, Inc. * | 14,000 | 382,900 |
Versum Materials, Inc. * | 35,842 | 1,086,371 |
Xilinx, Inc. | 86,455 | 5,085,283 |
Xperi Corp. | 17,658 | 633,039 |
265,301,641 | ||
Software & Services 12.0% | ||
2U, Inc. * | 16,405 | 599,603 |
8x8, Inc. * | 24,640 | 372,064 |
Accenture plc, Class A | 208,044 | 25,485,390 |
ACI Worldwide, Inc. * | 35,886 | 702,289 |
Activision Blizzard, Inc. | 228,837 | 10,327,414 |
Acxiom Corp. * | 29,430 | 839,344 |
Adobe Systems, Inc. * | 168,755 | 19,970,467 |
Akamai Technologies, Inc. * | 58,860 | 3,684,636 |
Alliance Data Systems Corp. | 18,974 | 4,610,303 |
Alphabet, Inc., Class A * | 100,962 | 85,305,823 |
Alphabet, Inc., Class C * | 100,162 | 82,454,360 |
Amdocs Ltd. | 50,619 | 3,070,042 |
Security | Number of Shares | Value ($) |
ANSYS, Inc. * | 29,577 | 3,157,641 |
Aspen Technology, Inc. * | 29,583 | 1,719,956 |
Autodesk, Inc. * | 66,975 | 5,779,942 |
Automatic Data Processing, Inc. | 156,173 | 16,026,473 |
Barracuda Networks, Inc. * | 12,308 | 291,207 |
Benefitfocus, Inc. * | 9,300 | 246,915 |
Black Knight Financial Services, Inc., Class A * | 9,631 | 370,794 |
Blackbaud, Inc. | 14,899 | 1,065,576 |
Blackhawk Network Holdings, Inc. * | 27,722 | 1,010,467 |
Blucora, Inc. * | 24,516 | 382,450 |
Booz Allen Hamilton Holding Corp. | 47,173 | 1,687,378 |
Bottomline Technologies (DE), Inc. * | 14,715 | 367,139 |
Box, Inc., Class A * | 27,300 | 481,026 |
Broadridge Financial Solutions, Inc. | 41,223 | 2,857,991 |
BroadSoft, Inc. * | 15,195 | 650,346 |
CA, Inc. | 97,708 | 3,153,037 |
CACI International, Inc., Class A * | 8,829 | 1,107,157 |
Cadence Design Systems, Inc. * | 97,935 | 3,026,191 |
Callidus Software, Inc. * | 19,324 | 364,257 |
Cardtronics plc, Class A * | 14,715 | 648,637 |
Cass Information Systems, Inc. | 3,183 | 207,436 |
CDK Global, Inc. | 51,111 | 3,395,304 |
Citrix Systems, Inc. * | 53,121 | 4,193,903 |
Cognizant Technology Solutions Corp., Class A * | 207,628 | 12,306,112 |
CommerceHub, Inc., Series A * | 4,254 | 70,191 |
CommerceHub, Inc., Series C * | 8,869 | 145,008 |
CommVault Systems, Inc. * | 20,707 | 1,015,678 |
Computer Sciences Corp. | 50,031 | 3,430,125 |
Conduent, Inc. * | 63,716 | 1,025,190 |
Convergys Corp. | 41,202 | 901,500 |
CoreLogic, Inc. * | 32,814 | 1,285,981 |
Cornerstone OnDemand, Inc. * | 23,896 | 998,136 |
CoStar Group, Inc. * | 10,029 | 2,037,692 |
CSG Systems International, Inc. | 11,772 | 463,935 |
CSRA, Inc. | 50,031 | 1,491,924 |
Dell Technologies, Inc., Class V * | 71,567 | 4,543,789 |
DST Systems, Inc. | 11,772 | 1,407,931 |
eBay, Inc. * | 365,365 | 12,385,873 |
Ebix, Inc. (a) | 12,204 | 762,750 |
Electronic Arts, Inc. * | 100,746 | 8,714,529 |
Ellie Mae, Inc. * | 10,440 | 997,646 |
Envestnet, Inc. * | 18,985 | 733,770 |
EPAM Systems, Inc. * | 15,695 | 1,155,623 |
Euronet Worldwide, Inc. * | 17,658 | 1,461,729 |
EVERTEC, Inc. | 28,609 | 482,062 |
ExlService Holdings, Inc. * | 8,829 | 394,303 |
Facebook, Inc., Class A * | 793,567 | 107,560,071 |
Fair Isaac Corp. | 9,285 | 1,207,700 |
Fidelity National Information Services, Inc. | 107,491 | 8,843,285 |
FireEye, Inc. * | 52,000 | 585,520 |
First Data Corp., Class A * | 60,820 | 979,202 |
Fiserv, Inc. * | 75,025 | 8,657,885 |
FleetCor Technologies, Inc. * | 32,646 | 5,549,820 |
Fortinet, Inc. * | 52,249 | 1,951,500 |
Gartner, Inc. * | 29,430 | 3,037,470 |
Genpact Ltd. * | 54,695 | 1,325,807 |
Gigamon, Inc. * | 7,596 | 258,644 |
Global Payments, Inc. | 49,271 | 3,926,406 |
GoDaddy, Inc., Class A * | 15,110 | 556,804 |
GrubHub, Inc. * | 27,141 | 951,563 |
GTT Communications, Inc. * | 15,185 | 423,662 |
Guidewire Software, Inc. * | 29,641 | 1,619,584 |
HubSpot, Inc. * | 11,252 | 669,494 |
IAC/InterActiveCorp * | 26,487 | 1,958,449 |
Imperva, Inc. * | 9,293 | 381,013 |
International Business Machines Corp. | 291,575 | 52,431,016 |
Security | Number of Shares | Value ($) |
Intuit, Inc. | 84,147 | 10,555,400 |
j2 Global, Inc. | 14,836 | 1,207,947 |
Jack Henry & Associates, Inc. | 29,430 | 2,759,651 |
Leidos Holdings, Inc. | 47,200 | 2,515,760 |
LogMeIn, Inc. | 19,445 | 1,784,079 |
Manhattan Associates, Inc. * | 22,483 | 1,127,522 |
ManTech International Corp., Class A | 14,860 | 544,173 |
MasterCard, Inc., Class A | 321,355 | 35,496,873 |
Match Group, Inc. *(a) | 24,500 | 395,920 |
MAXIMUS, Inc. | 18,496 | 1,103,656 |
Mentor Graphics Corp. | 30,342 | 1,125,688 |
Microsoft Corp. | 2,635,630 | 168,627,607 |
MicroStrategy, Inc., Class A * | 2,943 | 564,703 |
Monotype Imaging Holdings, Inc. | 11,772 | 237,206 |
NeuStar, Inc., Class A * | 17,772 | 589,142 |
New Relic, Inc. * | 9,331 | 328,265 |
NIC, Inc. | 19,750 | 416,725 |
Nuance Communications, Inc. * | 92,356 | 1,572,823 |
Oracle Corp. | 1,012,782 | 43,134,385 |
Pandora Media, Inc. * | 80,400 | 995,352 |
Paychex, Inc. | 105,948 | 6,507,326 |
Paycom Software, Inc. * | 14,733 | 793,077 |
Paylocity Holding Corp. * | 9,731 | 343,115 |
PayPal Holdings, Inc. * | 377,241 | 15,844,122 |
Pegasystems, Inc. | 12,016 | 516,688 |
Perficient, Inc. * | 20,969 | 381,007 |
Progress Software Corp. | 18,136 | 520,140 |
Proofpoint, Inc. * | 12,587 | 991,478 |
PTC, Inc. * | 38,486 | 2,074,011 |
Q2 Holdings, Inc. * | 11,908 | 428,093 |
Qualys, Inc. * | 9,917 | 346,599 |
Quotient Technology, Inc. * | 36,124 | 429,876 |
RealPage, Inc. * | 21,601 | 729,034 |
Red Hat, Inc. * | 61,803 | 5,117,906 |
RingCentral, Inc., Class A * | 33,367 | 890,899 |
Sabre Corp. | 75,219 | 1,648,048 |
salesforce.com, Inc. * | 215,739 | 17,550,368 |
Science Applications International Corp. | 12,282 | 1,068,166 |
ServiceNow, Inc. * | 56,421 | 4,904,113 |
Shutterstock, Inc. * | 10,131 | 441,813 |
Silver Spring Networks, Inc. * | 9,311 | 114,153 |
Splunk, Inc. * | 47,058 | 2,904,890 |
SPS Commerce, Inc. * | 5,525 | 305,698 |
SS&C Technologies Holdings, Inc. | 65,294 | 2,286,596 |
Stamps.com, Inc. * | 4,565 | 575,647 |
Sykes Enterprises, Inc. * | 12,284 | 334,370 |
Symantec Corp. | 213,692 | 6,105,180 |
Synchronoss Technologies, Inc. * | 11,772 | 318,786 |
Synopsys, Inc. * | 47,341 | 3,382,041 |
Tableau Software, Inc., Class A * | 19,200 | 1,012,608 |
Take-Two Interactive Software, Inc. * | 29,430 | 1,676,921 |
TeleTech Holdings, Inc. | 11,842 | 358,813 |
Teradata Corp. * | 42,928 | 1,335,061 |
The Ultimate Software Group, Inc. * | 8,829 | 1,707,440 |
The Western Union Co. | 172,084 | 3,379,730 |
TiVo Corp. | 47,250 | 874,125 |
Total System Services, Inc. | 58,636 | 3,194,489 |
Travelport Worldwide Ltd. | 40,300 | 511,810 |
TrueCar, Inc. * | 16,225 | 228,124 |
Twitter, Inc. * | 213,340 | 3,364,372 |
Tyler Technologies, Inc. * | 11,772 | 1,785,224 |
Unisys Corp. * | 31,610 | 439,379 |
Vantiv, Inc., Class A * | 53,997 | 3,530,324 |
VASCO Data Security International, Inc. * | 15,505 | 201,565 |
Verint Systems, Inc. * | 18,817 | 710,342 |
VeriSign, Inc. * | 31,596 | 2,605,722 |
Virtusa Corp. * | 15,125 | 469,026 |
Visa, Inc., Class A | 632,227 | 55,598,042 |
Security | Number of Shares | Value ($) |
VMware, Inc., Class A *(a) | 26,679 | 2,398,175 |
Web.com Group, Inc. * | 18,224 | 350,812 |
WebMD Health Corp. * | 15,127 | 785,091 |
WEX, Inc. * | 11,919 | 1,325,750 |
Workday, Inc., Class A * | 43,132 | 3,576,937 |
XO Group, Inc. * | 21,127 | 389,371 |
Yahoo! Inc. * | 291,594 | 13,314,182 |
Yelp, Inc. * | 23,808 | 802,330 |
Zendesk, Inc. * | 28,309 | 770,854 |
Zillow Group, Inc., Class A * | 14,820 | 498,397 |
Zillow Group, Inc., Class C * | 38,406 | 1,303,500 |
Zynga, Inc., Class A * | 265,690 | 704,078 |
1,012,838,041 | ||
Technology Hardware & Equipment 5.5% | ||
3D Systems Corp. * | 46,215 | 702,468 |
ADTRAN, Inc. | 22,439 | 474,585 |
Amphenol Corp., Class A | 105,948 | 7,332,661 |
Anixter International, Inc. * | 8,876 | 739,371 |
Apple, Inc. | 1,805,928 | 247,394,077 |
Arista Networks, Inc. * | 14,225 | 1,692,633 |
ARRIS International plc * | 71,571 | 1,846,532 |
Arrow Electronics, Inc. * | 33,014 | 2,383,611 |
Avnet, Inc. | 41,828 | 1,927,434 |
AVX Corp. | 20,659 | 320,628 |
Badger Meter, Inc. | 6,858 | 251,003 |
Belden, Inc. | 17,658 | 1,247,538 |
Benchmark Electronics, Inc. * | 10,011 | 311,342 |
Brocade Communications Systems, Inc. | 174,983 | 2,154,041 |
CDW Corp. | 57,467 | 3,384,806 |
Ciena Corp. * | 48,630 | 1,280,914 |
Cisco Systems, Inc. | 1,682,404 | 57,504,569 |
Cognex Corp. | 29,430 | 2,260,518 |
Coherent, Inc. * | 8,829 | 1,611,999 |
CommScope Holding Co., Inc. * | 57,326 | 2,181,254 |
Corning, Inc. | 322,630 | 8,907,814 |
Cray, Inc. * | 10,839 | 225,993 |
CTS Corp. | 18,562 | 406,508 |
Diebold Nixdorf, Inc. | 20,601 | 622,150 |
Dolby Laboratories, Inc., Class A | 15,157 | 741,026 |
EchoStar Corp., Class A * | 20,210 | 1,076,587 |
Electronics For Imaging, Inc. * | 14,715 | 677,920 |
ePlus, Inc. * | 776 | 98,513 |
Extreme Networks, Inc. * | 35,711 | 223,194 |
F5 Networks, Inc. * | 24,189 | 3,465,558 |
Fabrinet * | 11,784 | 489,625 |
FARO Technologies, Inc. * | 8,829 | 304,600 |
Finisar Corp. * | 37,817 | 1,266,113 |
FLIR Systems, Inc. | 50,031 | 1,836,638 |
Harris Corp. | 41,594 | 4,571,181 |
Hewlett Packard Enterprise Co. | 568,319 | 12,969,040 |
HP, Inc. | 571,167 | 9,921,171 |
II-VI, Inc. * | 24,420 | 869,352 |
Infinera Corp. * | 39,853 | 432,405 |
Insight Enterprises, Inc. * | 14,715 | 623,327 |
InterDigital, Inc. | 14,715 | 1,236,796 |
InvenSense, Inc. * | 29,820 | 368,277 |
IPG Photonics Corp. * | 12,942 | 1,531,039 |
Itron, Inc. * | 13,607 | 880,373 |
Ixia * | 22,439 | 439,804 |
Jabil Circuit, Inc. | 64,746 | 1,651,670 |
Juniper Networks, Inc. | 128,356 | 3,593,968 |
Keysight Technologies, Inc. * | 55,917 | 2,102,479 |
Knowles Corp. * | 36,512 | 691,172 |
Littelfuse, Inc. | 10,287 | 1,660,836 |
Lumentum Holdings, Inc. * | 16,609 | 762,353 |
Methode Electronics, Inc. | 12,384 | 513,936 |
Security | Number of Shares | Value ($) |
Motorola Solutions, Inc. | 56,930 | 4,495,762 |
MTS Systems Corp. | 6,250 | 343,437 |
National Instruments Corp. | 32,373 | 1,043,706 |
NCR Corp. * | 50,031 | 2,404,990 |
NetApp, Inc. | 95,024 | 3,974,854 |
NETGEAR, Inc. * | 11,772 | 645,106 |
NetScout Systems, Inc. * | 34,173 | 1,262,692 |
Novanta, Inc. * | 9,884 | 240,181 |
Oclaro, Inc. * | 45,500 | 386,750 |
OSI Systems, Inc. * | 5,933 | 447,467 |
Palo Alto Networks, Inc. * | 30,295 | 4,601,810 |
PC Connection, Inc. | 3,580 | 95,801 |
Plantronics, Inc. | 10,055 | 538,546 |
Plexus Corp. * | 11,075 | 620,975 |
Pure Storage, Inc., Class A * | 30,600 | 348,840 |
Rogers Corp. * | 10,267 | 847,130 |
Sanmina Corp. * | 23,544 | 918,216 |
ScanSource, Inc. * | 6,462 | 260,096 |
Seagate Technology plc | 106,566 | 5,135,416 |
ShoreTel, Inc. * | 24,948 | 162,162 |
Super Micro Computer, Inc. * | 11,816 | 307,216 |
SYNNEX Corp. | 10,311 | 1,205,562 |
TE Connectivity Ltd. | 123,806 | 9,219,833 |
Tech Data Corp. * | 14,715 | 1,280,205 |
Trimble, Inc. * | 82,404 | 2,556,996 |
TTM Technologies, Inc. * | 34,740 | 561,398 |
Ubiquiti Networks, Inc. * | 9,433 | 463,538 |
Universal Display Corp. * | 12,314 | 1,044,843 |
VeriFone Systems, Inc. * | 37,984 | 785,129 |
ViaSat, Inc. * | 14,715 | 1,012,981 |
Viavi Solutions, Inc. * | 92,300 | 924,846 |
Vishay Intertechnology, Inc. | 45,405 | 719,669 |
Western Digital Corp. | 98,893 | 7,602,894 |
Xerox Corp. | 320,769 | 2,386,521 |
Zebra Technologies Corp., Class A * | 17,658 | 1,601,757 |
462,610,727 | ||
Telecommunication Services 2.2% | ||
AT&T, Inc. | 2,095,675 | 87,578,258 |
ATN International, Inc. | 5,886 | 402,543 |
CenturyLink, Inc. | 185,890 | 4,509,691 |
Cincinnati Bell, Inc. * | 9,214 | 177,830 |
Cogent Communications Holdings, Inc. | 13,708 | 568,197 |
Consolidated Communications Holdings, Inc. (a) | 26,763 | 603,506 |
Frontier Communications Corp. (a) | 394,987 | 1,157,312 |
General Communication, Inc., Class A * | 20,690 | 416,903 |
Iridium Communications, Inc. * | 27,879 | 242,547 |
Level 3 Communications, Inc. * | 98,228 | 5,623,553 |
Shenandoah Telecommunications Co. | 24,232 | 680,919 |
Sprint Corp. * | 203,638 | 1,794,051 |
T-Mobile US, Inc. * | 91,937 | 5,748,821 |
Telephone & Data Systems, Inc. | 38,259 | 1,034,141 |
United States Cellular Corp. * | 5,886 | 220,078 |
Verizon Communications, Inc. | 1,380,116 | 68,495,157 |
Vonage Holdings Corp. * | 53,210 | 320,324 |
Windstream Holdings, Inc. (a) | 103,189 | 770,823 |
Zayo Group Holdings, Inc. * | 34,000 | 1,071,680 |
181,416,334 | ||
Transportation 2.1% | ||
Air Transport Services Group, Inc. * | 9,253 | 157,486 |
Alaska Air Group, Inc. | 42,486 | 4,155,981 |
Allegiant Travel Co. | 3,685 | 641,558 |
AMERCO | 1,667 | 643,962 |
American Airlines Group, Inc. | 181,732 | 8,425,095 |
Security | Number of Shares | Value ($) |
Atlas Air Worldwide Holdings, Inc. * | 8,943 | 508,410 |
Avis Budget Group, Inc. * | 33,059 | 1,143,180 |
C.H. Robinson Worldwide, Inc. | 47,848 | 3,845,544 |
CSX Corp. | 327,195 | 15,888,589 |
Delta Air Lines, Inc. | 250,330 | 12,498,977 |
Echo Global Logistics, Inc. * | 16,605 | 362,819 |
Expeditors International of Washington, Inc. | 59,886 | 3,376,373 |
FedEx Corp. | 83,328 | 16,080,637 |
Forward Air Corp. | 11,772 | 583,303 |
Genesee & Wyoming, Inc., Class A * | 21,214 | 1,572,806 |
Hawaiian Holdings, Inc. * | 18,522 | 901,095 |
Heartland Express, Inc. | 15,220 | 315,663 |
Hertz Global Holdings, Inc. * | 24,091 | 547,348 |
Hub Group, Inc., Class A * | 11,900 | 600,950 |
J.B. Hunt Transport Services, Inc. | 30,168 | 2,961,593 |
JetBlue Airways Corp. * | 104,417 | 2,084,163 |
Kansas City Southern | 35,340 | 3,132,184 |
Kirby Corp. * | 17,658 | 1,221,934 |
Knight Transportation, Inc. | 26,100 | 853,470 |
Landstar System, Inc. | 13,196 | 1,145,413 |
Macquarie Infrastructure Corp. | 26,100 | 2,008,134 |
Matson, Inc. | 12,965 | 439,902 |
Norfolk Southern Corp. | 98,667 | 11,941,667 |
Old Dominion Freight Line, Inc. * | 25,867 | 2,373,556 |
Ryder System, Inc. | 17,658 | 1,344,657 |
Saia, Inc. * | 7,026 | 339,707 |
SkyWest, Inc. | 12,268 | 431,220 |
Southwest Airlines Co. | 209,752 | 12,123,666 |
Spirit Airlines, Inc. * | 23,769 | 1,240,979 |
Swift Transportation Co. * | 35,865 | 778,988 |
Union Pacific Corp. | 279,731 | 30,194,164 |
United Continental Holdings, Inc. * | 97,770 | 7,243,779 |
United Parcel Service, Inc., Class B | 232,803 | 24,621,245 |
Werner Enterprises, Inc. | 15,120 | 423,360 |
XPO Logistics, Inc. * | 27,222 | 1,388,050 |
180,541,607 | ||
Utilities 3.2% | ||
AES Corp. | 239,321 | 2,756,978 |
ALLETE, Inc. | 21,637 | 1,454,223 |
Alliant Energy Corp. | 81,378 | 3,212,803 |
Ameren Corp. | 76,976 | 4,209,817 |
American Electric Power Co., Inc. | 166,368 | 11,141,665 |
American States Water Co. | 11,772 | 526,444 |
American Water Works Co., Inc. | 60,943 | 4,753,554 |
Aqua America, Inc. | 65,172 | 2,068,559 |
Atmos Energy Corp. | 35,374 | 2,769,430 |
Avangrid, Inc. | 28,750 | 1,256,950 |
Avista Corp. | 23,544 | 938,699 |
Black Hills Corp. | 14,704 | 953,996 |
California Water Service Group | 27,355 | 1,005,296 |
Calpine Corp. * | 126,555 | 1,481,959 |
CenterPoint Energy, Inc. | 135,937 | 3,713,799 |
Chesapeake Utilities Corp. | 6,140 | 423,353 |
CMS Energy Corp. | 88,290 | 3,930,671 |
Connecticut Water Service, Inc. | 6,140 | 350,287 |
Consolidated Edison, Inc. | 101,630 | 7,829,575 |
Dominion Resources, Inc. | 212,047 | 16,463,329 |
DTE Energy Co. | 60,702 | 6,153,969 |
Duke Energy Corp. | 229,616 | 18,954,801 |
Dynegy, Inc. * | 44,915 | 361,117 |
Edison International | 110,559 | 8,815,975 |
El Paso Electric Co. | 14,715 | 718,828 |
Entergy Corp. | 58,860 | 4,512,208 |
Eversource Energy | 107,185 | 6,287,472 |
Exelon Corp. | 318,836 | 11,704,470 |
Security | Number of Shares | Value ($) |
FirstEnergy Corp. | 148,686 | 4,821,887 |
Great Plains Energy, Inc. | 75,443 | 2,192,374 |
Hawaiian Electric Industries, Inc. | 41,206 | 1,371,336 |
IDACORP, Inc. | 17,658 | 1,464,378 |
MDU Resources Group, Inc. | 63,230 | 1,714,165 |
MGE Energy, Inc. | 18,438 | 1,179,110 |
Middlesex Water Co. | 6,158 | 231,849 |
National Fuel Gas Co. | 26,573 | 1,602,352 |
New Jersey Resources Corp. | 29,430 | 1,159,542 |
NextEra Energy, Inc. | 156,056 | 20,443,336 |
NiSource, Inc. | 107,841 | 2,578,478 |
Northwest Natural Gas Co. | 11,772 | 707,497 |
NorthWestern Corp. | 16,307 | 953,960 |
NRG Energy, Inc. | 131,756 | 2,181,879 |
NRG Yield, Inc., Class C | 29,504 | 513,370 |
OGE Energy Corp. | 65,594 | 2,415,827 |
ONE Gas, Inc. | 15,654 | 1,026,120 |
Ormat Technologies, Inc. | 12,187 | 671,869 |
Otter Tail Corp. | 21,341 | 802,422 |
Pattern Energy Group, Inc. | 28,198 | 586,236 |
PG&E Corp. | 165,986 | 11,079,565 |
Pinnacle West Capital Corp. | 35,316 | 2,902,622 |
PNM Resources, Inc. | 26,487 | 961,478 |
Portland General Electric Co. | 32,652 | 1,480,115 |
PPL Corp. | 233,564 | 8,613,840 |
Public Service Enterprise Group, Inc. | 173,991 | 8,000,106 |
SCANA Corp. | 47,140 | 3,269,159 |
Sempra Energy | 83,779 | 9,239,986 |
SJW Group | 12,637 | 613,274 |
South Jersey Industries, Inc. | 23,544 | 824,511 |
Southwest Gas Holdings, Inc. | 14,715 | 1,258,574 |
Spire, Inc. | 15,155 | 998,715 |
TerraForm Power, Inc., Class A * | 36,412 | 419,102 |
The Southern Co. | 322,272 | 16,377,863 |
UGI Corp. | 52,974 | 2,554,936 |
Unitil Corp. | 9,289 | 414,289 |
Vectren Corp. | 26,487 | 1,492,542 |
WEC Energy Group, Inc. | 103,503 | 6,238,126 |
Westar Energy, Inc. | 47,574 | 2,568,045 |
WGL Holdings, Inc. | 17,658 | 1,474,266 |
Xcel Energy, Inc. | 171,888 | 7,513,224 |
265,662,552 | ||
Total Common Stock | ||
(Cost $6,647,355,253) | 8,382,862,625 | |
Rights 0.0% of net assets | ||
Media 0.0% | ||
Media General, Inc. CVR *(d) | 42,134 | 13,061 |
Pharmaceuticals, Biotechnology & Life Sciences 0.0% | ||
Dyax Corp. CVR *(d) | 35,613 | 39,531 |
Total Rights | ||
(Cost $39,531) | 52,592 | |
Other Investment Companies 0.5% of net assets | ||
Money Market Fund 0.1% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 0.46% (c) | 12,076,066 | 12,076,066 |
Security | Number of Shares | Value ($) |
Securities Lending Collateral 0.4% | ||
Wells Fargo Government Money Market Fund, Select Class 0.48% (c) | 30,294,743 | 30,294,743 |
Total Other Investment Companies | ||
(Cost $42,370,809) | 42,370,809 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $29,240,640. |
(b) | Issuer is affiliated with the fund's investment adviser. |
(c) | The rate shown is the 7-day yield. |
(d) | Fair-valued by management in accordance with procedures approved by the Board of Trustees. |
CVR — | Contingent Value Rights |
REIT — | Real Estate Investment Trust |
Number of Contracts | Contract Value ($) | Unrealized Appreciation ($) | ||||
Futures Contracts | ||||||
S&P 500 Index, e-mini, Long, expires 03/17/17 | 270 | 31,897,800 | 466,811 |
Holdings by Category | Cost ($) | Value ($) | |
99.8% | Common Stock | 6,517,040,189 | 8,027,441,194 |
0.3% | Other Investment Companies | 23,872,263 | 23,872,263 |
100.1% | Total Investments | 6,540,912,452 | 8,051,313,457 |
(0.1%) | Other Assets and Liabilities, Net | (6,342,405) | |
100.0% | Net Assets | 8,044,971,052 |
Security | Number of Shares | Value ($) |
Common Stock 99.8% of net assets | ||
Automobiles & Components 0.9% | ||
Adient plc * | 33,162 | 2,226,165 |
Autoliv, Inc. | 32,242 | 3,375,737 |
BorgWarner, Inc. | 68,619 | 2,895,036 |
Delphi Automotive plc | 98,723 | 7,515,782 |
Ford Motor Co. | 1,442,176 | 18,070,465 |
General Motors Co. | 503,516 | 18,549,530 |
Harley-Davidson, Inc. | 63,748 | 3,594,112 |
Lear Corp. | 26,559 | 3,771,112 |
Tesla, Inc. *(a) | 44,713 | 11,177,803 |
The Goodyear Tire & Rubber Co. | 94,932 | 3,327,367 |
74,503,109 | ||
Banks 6.5% | ||
Bank of America Corp. | 3,658,069 | 90,281,143 |
BB&T Corp. | 295,499 | 14,248,962 |
BOK Financial Corp. | 6,048 | 498,718 |
CIT Group, Inc. | 71,671 | 3,074,686 |
Citigroup, Inc. | 1,038,034 | 62,084,813 |
Citizens Financial Group, Inc. | 186,305 | 6,962,218 |
Comerica, Inc. | 62,953 | 4,487,290 |
Cullen/Frost Bankers, Inc. | 18,607 | 1,720,589 |
East West Bancorp, Inc. | 52,246 | 2,827,553 |
Fifth Third Bancorp | 277,440 | 7,612,954 |
First Republic Bank | 57,890 | 5,431,819 |
Huntington Bancshares, Inc. | 406,748 | 5,751,417 |
JPMorgan Chase & Co. | 1,304,261 | 118,192,132 |
KeyCorp | 391,671 | 7,351,665 |
M&T Bank Corp. | 57,960 | 9,677,581 |
New York Community Bancorp, Inc. | 177,583 | 2,713,468 |
People's United Financial, Inc. | 108,616 | 2,085,427 |
Regions Financial Corp. | 442,530 | 6,757,433 |
Signature Bank * | 18,162 | 2,860,697 |
SunTrust Banks, Inc. | 180,244 | 10,722,715 |
SVB Financial Group * | 17,882 | 3,413,495 |
TFS Financial Corp. | 23,440 | 398,246 |
The PNC Financial Services Group, Inc. | 175,856 | 22,374,159 |
U.S. Bancorp | 579,420 | 31,868,100 |
Wells Fargo & Co. | 1,643,930 | 95,150,668 |
Zions Bancorp | 77,001 | 3,457,345 |
522,005,293 | ||
Security | Number of Shares | Value ($) |
Capital Goods 7.4% | ||
3M Co. | 221,351 | 41,248,759 |
A.O. Smith Corp. | 52,146 | 2,626,073 |
Acuity Brands, Inc. | 15,985 | 3,377,630 |
AGCO Corp. | 23,042 | 1,403,719 |
Allegion plc | 32,567 | 2,364,039 |
Allison Transmission Holdings, Inc. | 57,254 | 2,059,999 |
AMETEK, Inc. | 83,653 | 4,514,752 |
Arconic, Inc. | 155,599 | 4,479,695 |
B/E Aerospace, Inc. | 38,334 | 2,438,042 |
Carlisle Cos., Inc. | 23,918 | 2,470,729 |
Caterpillar, Inc. | 213,340 | 20,621,444 |
Colfax Corp. * | 31,595 | 1,202,190 |
Cummins, Inc. | 55,666 | 8,265,844 |
Deere & Co. | 104,610 | 11,453,749 |
Donaldson Co., Inc. | 45,948 | 1,973,467 |
Dover Corp. | 54,867 | 4,394,847 |
Eaton Corp. plc | 165,967 | 11,946,305 |
Emerson Electric Co. | 238,025 | 14,305,302 |
Fastenal Co. | 103,109 | 5,158,543 |
Flowserve Corp. | 46,434 | 2,156,859 |
Fluor Corp. | 48,109 | 2,664,758 |
Fortive Corp. | 107,320 | 6,186,998 |
Fortune Brands Home & Security, Inc. | 57,583 | 3,330,025 |
General Dynamics Corp. | 106,167 | 20,151,558 |
General Electric Co. | 3,219,577 | 95,975,590 |
HD Supply Holdings, Inc. * | 72,896 | 3,134,528 |
Honeywell International, Inc. | 275,412 | 34,288,794 |
Hubbell, Inc. | 18,793 | 2,229,226 |
Huntington Ingalls Industries, Inc. | 17,285 | 3,776,772 |
IDEX Corp. | 25,729 | 2,371,957 |
Illinois Tool Works, Inc. | 113,741 | 15,014,949 |
Ingersoll-Rand plc | 92,195 | 7,316,595 |
Jacobs Engineering Group, Inc. | 45,895 | 2,588,937 |
Johnson Controls International plc | 334,105 | 14,012,364 |
L3 Technologies, Inc. | 27,377 | 4,608,097 |
Lennox International, Inc. | 14,855 | 2,445,430 |
Lincoln Electric Holdings, Inc. | 21,749 | 1,831,483 |
Lockheed Martin Corp. | 90,857 | 24,220,659 |
Masco Corp. | 125,584 | 4,242,228 |
Nordson Corp. | 20,263 | 2,432,371 |
Northrop Grumman Corp. | 65,626 | 16,215,528 |
Owens Corning | 38,170 | 2,232,563 |
PACCAR, Inc. | 126,877 | 8,476,652 |
Parker-Hannifin Corp. | 47,304 | 7,324,551 |
Pentair plc | 62,961 | 3,655,516 |
Quanta Services, Inc. * | 57,871 | 2,159,746 |
Raytheon Co. | 106,208 | 16,371,963 |
Rockwell Automation, Inc. | 46,096 | 6,965,106 |
Rockwell Collins, Inc. | 45,990 | 4,396,184 |
Roper Technologies, Inc. | 36,797 | 7,697,932 |
Sensata Technologies Holding N.V. * | 57,839 | 2,374,291 |
Snap-on, Inc. | 21,984 | 3,730,025 |
Spirit AeroSystems Holdings, Inc., Class A | 44,055 | 2,714,229 |
Stanley Black & Decker, Inc. | 54,510 | 6,930,946 |
Textron, Inc. | 97,106 | 4,593,114 |
The Boeing Co. | 209,994 | 37,847,219 |
The Middleby Corp. * | 20,179 | 2,799,029 |
Security | Number of Shares | Value ($) |
The Toro Co. | 39,605 | 2,384,617 |
TransDigm Group, Inc. | 18,344 | 4,663,045 |
Trinity Industries, Inc. | 55,372 | 1,486,184 |
United Rentals, Inc. * | 30,276 | 3,876,236 |
United Technologies Corp. | 278,280 | 31,320,414 |
W.W. Grainger, Inc. | 20,432 | 5,066,319 |
WABCO Holdings, Inc. * | 20,270 | 2,275,916 |
Wabtec Corp. | 32,301 | 2,587,956 |
Xylem, Inc. | 62,896 | 3,026,556 |
594,457,143 | ||
Commercial & Professional Services 0.7% | ||
Cintas Corp. | 30,038 | 3,544,784 |
Copart, Inc. * | 37,883 | 2,240,401 |
Equifax, Inc. | 44,178 | 5,792,178 |
IHS Markit Ltd. * | 117,614 | 4,681,037 |
KAR Auction Services, Inc. | 51,440 | 2,305,541 |
ManpowerGroup, Inc. | 26,293 | 2,551,473 |
Nielsen Holdings plc | 120,618 | 5,350,615 |
Republic Services, Inc. | 87,194 | 5,401,668 |
Robert Half International, Inc. | 46,802 | 2,257,728 |
Rollins, Inc. | 39,274 | 1,435,857 |
Stericycle, Inc. * | 32,443 | 2,688,876 |
The Dun & Bradstreet Corp. | 12,154 | 1,282,733 |
TransUnion * | 26,570 | 985,481 |
Verisk Analytics, Inc. * | 55,626 | 4,612,508 |
Waste Management, Inc. | 149,149 | 10,935,605 |
56,066,485 | ||
Consumer Durables & Apparel 1.3% | ||
Carter's, Inc. | 20,252 | 1,782,378 |
Coach, Inc. | 97,147 | 3,700,329 |
D.R. Horton, Inc. | 130,249 | 4,167,968 |
Garmin Ltd. | 40,857 | 2,108,630 |
Hanesbrands, Inc. | 138,272 | 2,766,823 |
Harman International Industries, Inc. | 26,038 | 2,906,361 |
Hasbro, Inc. | 44,069 | 4,268,964 |
Leggett & Platt, Inc. | 48,518 | 2,386,115 |
Lennar Corp., B Shares | 3,497 | 137,467 |
Lennar Corp., Class A | 67,606 | 3,298,497 |
Lululemon Athletica, Inc. * | 41,076 | 2,680,620 |
Mattel, Inc. | 125,457 | 3,228,009 |
Michael Kors Holdings Ltd. * | 60,666 | 2,214,309 |
Mohawk Industries, Inc. * | 21,710 | 4,914,276 |
Newell Brands, Inc. | 172,480 | 8,456,694 |
NIKE, Inc., Class B | 482,676 | 27,589,760 |
NVR, Inc. * | 1,134 | 2,194,256 |
Polaris Industries, Inc. (a) | 21,449 | 1,827,669 |
PulteGroup, Inc. | 106,226 | 2,342,283 |
PVH Corp. | 28,762 | 2,634,599 |
Ralph Lauren Corp. | 20,025 | 1,588,583 |
Toll Brothers, Inc. * | 60,548 | 2,067,109 |
Under Armour, Inc., Class A *(a) | 62,790 | 1,294,730 |
Under Armour, Inc., Class C * | 73,051 | 1,355,827 |
VF Corp. | 120,300 | 6,309,735 |
Whirlpool Corp. | 27,456 | 4,903,367 |
103,125,358 | ||
Consumer Services 1.8% | ||
Aramark | 92,296 | 3,298,659 |
Carnival Corp. | 150,783 | 8,436,309 |
Chipotle Mexican Grill, Inc. * | 10,357 | 4,336,890 |
Darden Restaurants, Inc. | 44,099 | 3,293,313 |
Domino's Pizza, Inc. | 16,147 | 3,064,862 |
Dunkin' Brands Group, Inc. | 35,051 | 1,928,156 |
Security | Number of Shares | Value ($) |
H&R Block, Inc. | 83,645 | 1,719,741 |
Hilton Grand Vacations, Inc. * | 20,623 | 617,453 |
Hilton Worldwide Holdings, Inc. | 68,863 | 3,938,964 |
Las Vegas Sands Corp. | 132,616 | 7,022,017 |
Marriott International, Inc., Class A | 117,244 | 10,199,056 |
McDonald's Corp. | 301,462 | 38,481,624 |
MGM Resorts International * | 178,345 | 4,688,690 |
Norwegian Cruise Line Holdings Ltd. * | 63,365 | 3,212,606 |
Royal Caribbean Cruises Ltd. | 58,475 | 5,619,448 |
Service Corp. International | 72,025 | 2,213,328 |
Starbucks Corp. | 524,090 | 29,804,998 |
Vail Resorts, Inc. | 14,674 | 2,658,635 |
Wyndham Worldwide Corp. | 40,914 | 3,405,681 |
Wynn Resorts Ltd. | 29,034 | 2,791,619 |
Yum! Brands, Inc. | 128,340 | 8,383,169 |
149,115,218 | ||
Diversified Financials 5.4% | ||
Affiliated Managers Group, Inc. | 20,578 | 3,455,664 |
AGNC Investment Corp. | 118,496 | 2,326,076 |
Ally Financial, Inc. | 179,163 | 4,029,376 |
American Express Co. | 283,553 | 22,701,253 |
Ameriprise Financial, Inc. | 57,117 | 7,510,886 |
Annaly Capital Management, Inc. | 366,855 | 4,072,091 |
Berkshire Hathaway, Inc., Class B * | 690,972 | 118,446,420 |
BlackRock, Inc. | 44,714 | 17,324,886 |
Capital One Financial Corp. | 172,677 | 16,207,463 |
CBOE Holdings, Inc. | 27,675 | 2,160,034 |
CME Group, Inc. | 124,394 | 15,108,895 |
Discover Financial Services | 140,931 | 10,025,831 |
E*TRADE Financial Corp. * | 101,295 | 3,495,690 |
Eaton Vance Corp. | 42,874 | 1,999,215 |
FactSet Research Systems, Inc. | 14,340 | 2,551,086 |
Franklin Resources, Inc. | 124,766 | 5,369,929 |
Intercontinental Exchange, Inc. | 215,370 | 12,304,088 |
Invesco Ltd. | 149,272 | 4,805,066 |
Lazard Ltd., Class A | 46,080 | 1,984,205 |
Legg Mason, Inc. | 35,940 | 1,355,657 |
Leucadia National Corp. | 121,202 | 3,226,397 |
MarketAxess Holdings, Inc. | 13,425 | 2,620,963 |
Moody's Corp. | 60,185 | 6,702,803 |
Morgan Stanley | 522,084 | 23,843,576 |
MSCI, Inc. | 32,246 | 3,050,149 |
Nasdaq, Inc. | 43,538 | 3,095,987 |
Navient Corp. | 107,592 | 1,657,993 |
Northern Trust Corp. | 77,366 | 6,757,920 |
OneMain Holdings, Inc. * | 18,110 | 507,442 |
Raymond James Financial, Inc. | 43,956 | 3,453,183 |
S&P Global, Inc. | 94,175 | 12,192,837 |
Santander Consumer USA Holdings, Inc. * | 34,288 | 506,777 |
SEI Investments Co. | 49,192 | 2,476,817 |
Starwood Property Trust, Inc. | 91,860 | 2,099,920 |
State Street Corp. | 132,094 | 10,529,213 |
Synchrony Financial | 286,420 | 10,379,861 |
T. Rowe Price Group, Inc. | 86,608 | 6,167,356 |
TD Ameritrade Holding Corp. | 94,734 | 3,704,099 |
The Bank of New York Mellon Corp. | 380,310 | 17,927,813 |
The Charles Schwab Corp. (b) | 434,497 | 17,558,024 |
The Goldman Sachs Group, Inc. | 133,658 | 33,155,204 |
Voya Financial, Inc. | 66,219 | 2,730,209 |
431,578,354 | ||
Energy 6.4% | ||
Anadarko Petroleum Corp. | 203,475 | 13,154,659 |
Antero Resources Corp. * | 53,373 | 1,279,885 |
Apache Corp. | 140,021 | 7,363,704 |
Security | Number of Shares | Value ($) |
Baker Hughes, Inc. | 154,137 | 9,291,378 |
Cabot Oil & Gas Corp. | 163,499 | 3,580,628 |
Cheniere Energy, Inc. * | 83,735 | 4,023,467 |
Chesapeake Energy Corp. * | 296,917 | 1,618,198 |
Chevron Corp. | 684,687 | 77,027,287 |
Cimarex Energy Co. | 35,565 | 4,471,232 |
Concho Resources, Inc. * | 53,084 | 7,030,976 |
ConocoPhillips | 453,033 | 21,550,780 |
Continental Resources, Inc. * | 28,868 | 1,304,834 |
Core Laboratories N.V. | 14,639 | 1,674,994 |
Devon Energy Corp. | 189,071 | 8,198,119 |
Diamondback Energy, Inc. * | 30,624 | 3,088,737 |
Energen Corp. * | 34,760 | 1,824,900 |
EOG Resources, Inc. | 209,764 | 20,345,010 |
EQT Corp. | 64,334 | 3,852,963 |
Exxon Mobil Corp. | 1,507,360 | 122,578,515 |
Halliburton Co. | 311,233 | 16,638,516 |
Helmerich & Payne, Inc. | 40,261 | 2,752,645 |
Hess Corp. | 99,173 | 5,101,459 |
HollyFrontier Corp. | 63,866 | 1,869,996 |
Kinder Morgan, Inc. | 690,343 | 14,711,209 |
Marathon Oil Corp. | 309,346 | 4,949,536 |
Marathon Petroleum Corp. | 188,436 | 9,346,426 |
Murphy Oil Corp. | 60,192 | 1,702,832 |
National Oilwell Varco, Inc. | 144,739 | 5,850,350 |
Newfield Exploration Co. * | 70,120 | 2,556,575 |
Noble Energy, Inc. | 163,126 | 5,939,418 |
Occidental Petroleum Corp. | 274,979 | 18,024,873 |
ONEOK, Inc. | 79,842 | 4,315,460 |
Parsley Energy, Inc., Class A * | 68,918 | 2,094,418 |
Phillips 66 | 163,215 | 12,761,781 |
Pioneer Natural Resources Co. | 61,829 | 11,498,339 |
Range Resources Corp. | 68,616 | 1,895,174 |
Schlumberger Ltd. | 511,666 | 41,117,480 |
Southwestern Energy Co. * | 177,279 | 1,331,365 |
Targa Resources Corp. | 66,538 | 3,759,397 |
TechnipFMC plc * | 169,786 | 5,487,484 |
Tesoro Corp. | 42,382 | 3,610,523 |
The Williams Cos., Inc. | 295,078 | 8,362,511 |
Transocean Ltd. * | 141,095 | 1,949,933 |
Valero Energy Corp. | 164,431 | 11,173,086 |
Weatherford International plc * | 402,134 | 2,276,078 |
514,337,130 | ||
Food & Staples Retailing 1.9% | ||
Casey's General Stores, Inc. | 13,420 | 1,537,663 |
Costco Wholesale Corp. | 157,357 | 27,880,513 |
CVS Health Corp. | 391,236 | 31,525,797 |
Rite Aid Corp. * | 402,424 | 2,414,544 |
Sysco Corp. | 181,107 | 9,547,961 |
The Kroger Co. | 345,585 | 10,989,603 |
US Foods Holding Corp. * | 32,600 | 898,130 |
Wal-Mart Stores, Inc. | 546,218 | 38,743,243 |
Walgreens Boots Alliance, Inc. | 310,984 | 26,862,798 |
Whole Foods Market, Inc. | 117,189 | 3,594,187 |
153,994,439 | ||
Food, Beverage & Tobacco 5.2% | ||
Altria Group, Inc. | 717,025 | 53,719,513 |
Archer-Daniels-Midland Co. | 212,615 | 9,986,527 |
Brown-Forman Corp., Class A | 17,782 | 886,433 |
Brown-Forman Corp., Class B | 67,233 | 3,278,281 |
Bunge Ltd. | 50,268 | 4,114,436 |
Campbell Soup Co. | 72,309 | 4,291,539 |
ConAgra Brands, Inc. | 147,190 | 6,065,700 |
Constellation Brands, Inc., Class A | 65,775 | 10,445,728 |
Security | Number of Shares | Value ($) |
Dr. Pepper Snapple Group, Inc. | 68,710 | 6,420,262 |
General Mills, Inc. | 212,272 | 12,814,861 |
Hormel Foods Corp. | 97,064 | 3,421,506 |
Ingredion, Inc. | 26,235 | 3,171,549 |
Kellogg Co. | 88,832 | 6,579,786 |
Lamb Weston Holdings, Inc. | 52,296 | 2,049,480 |
McCormick & Co., Inc. Non-Voting Shares | 39,934 | 3,930,304 |
Mead Johnson Nutrition Co. | 67,570 | 5,931,970 |
Molson Coors Brewing Co., Class B | 67,159 | 6,742,092 |
Mondelez International, Inc., Class A | 556,121 | 24,424,834 |
Monster Beverage Corp. * | 151,879 | 6,293,866 |
PepsiCo, Inc. | 517,891 | 57,164,809 |
Philip Morris International, Inc. | 563,978 | 61,670,994 |
Pilgrim's Pride Corp. | 20,974 | 427,450 |
Pinnacle Foods, Inc. | 44,450 | 2,539,428 |
Post Holdings, Inc. * | 25,870 | 2,117,977 |
Reynolds American, Inc. | 301,011 | 18,533,247 |
The Coca-Cola Co. | 1,413,820 | 59,323,887 |
The Hain Celestial Group, Inc. * | 36,482 | 1,290,733 |
The Hershey Co. | 51,533 | 5,583,601 |
The J.M. Smucker Co. | 43,275 | 6,133,366 |
The Kraft Heinz Co. | 214,129 | 19,594,945 |
The WhiteWave Foods Co. * | 67,607 | 3,723,794 |
TreeHouse Foods, Inc. * | 21,210 | 1,804,547 |
Tyson Foods, Inc., Class A | 103,307 | 6,462,886 |
420,940,331 | ||
Health Care Equipment & Services 5.2% | ||
Abbott Laboratories | 622,236 | 28,050,399 |
ABIOMED, Inc. * | 14,350 | 1,692,870 |
Aetna, Inc. | 128,350 | 16,526,346 |
Align Technology, Inc. * | 26,270 | 2,699,505 |
AmerisourceBergen Corp. | 60,359 | 5,523,452 |
Anthem, Inc. | 94,091 | 15,508,079 |
Baxter International, Inc. | 181,655 | 9,249,873 |
Becton Dickinson & Co. | 76,129 | 13,935,413 |
Boston Scientific Corp. * | 492,296 | 12,085,867 |
C.R. Bard, Inc. | 26,274 | 6,443,436 |
Cardinal Health, Inc. | 115,665 | 9,411,661 |
Centene Corp. * | 62,473 | 4,404,346 |
Cerner Corp. * | 108,877 | 5,992,590 |
Cigna Corp. | 92,879 | 13,829,683 |
Danaher Corp. | 220,102 | 18,829,726 |
DaVita, Inc. * | 60,273 | 4,183,549 |
DENTSPLY SIRONA, Inc. | 82,716 | 5,254,120 |
DexCom, Inc. * | 32,089 | 2,508,076 |
Edwards Lifesciences Corp. * | 78,142 | 7,348,474 |
Express Scripts Holding Co. * | 225,938 | 15,962,520 |
HCA Holdings, Inc. * | 106,985 | 9,333,371 |
Henry Schein, Inc. * | 28,966 | 4,969,407 |
Hologic, Inc. * | 103,282 | 4,191,184 |
Humana, Inc. | 55,476 | 11,719,305 |
IDEXX Laboratories, Inc. * | 34,235 | 4,962,021 |
Intuitive Surgical, Inc. * | 14,380 | 10,598,060 |
Laboratory Corp. of America Holdings * | 37,596 | 5,348,407 |
McKesson Corp. | 76,777 | 11,526,531 |
MEDNAX, Inc. * | 31,491 | 2,241,844 |
Medtronic plc | 502,971 | 40,695,384 |
Patterson Cos., Inc. | 29,217 | 1,327,913 |
Quest Diagnostics, Inc. | 51,662 | 5,033,945 |
ResMed, Inc. | 53,130 | 3,826,954 |
STERIS plc | 30,700 | 2,152,991 |
Stryker Corp. | 111,225 | 14,299,086 |
Teleflex, Inc. | 17,304 | 3,308,179 |
The Cooper Cos., Inc. | 17,436 | 3,472,205 |
UnitedHealth Group, Inc. | 344,659 | 56,999,705 |
Universal Health Services, Inc., Class B | 31,947 | 4,012,543 |
Security | Number of Shares | Value ($) |
Varex Imaging Corp. * | 12,881 | 448,516 |
Varian Medical Systems, Inc. * | 32,398 | 2,717,868 |
VCA, Inc. * | 28,600 | 2,599,740 |
West Pharmaceutical Services, Inc. | 24,540 | 2,023,814 |
Zimmer Biomet Holdings, Inc. | 71,723 | 8,397,329 |
415,646,287 | ||
Household & Personal Products 1.9% | ||
Church & Dwight Co., Inc. | 92,380 | 4,604,219 |
Colgate-Palmolive Co. | 322,325 | 23,523,278 |
Edgewell Personal Care Co. * | 20,674 | 1,526,568 |
Herbalife Ltd. *(a) | 21,759 | 1,229,166 |
Kimberly-Clark Corp. | 128,842 | 17,078,007 |
Spectrum Brands Holdings, Inc. | 9,391 | 1,274,547 |
The Clorox Co. | 46,402 | 6,348,258 |
The Estee Lauder Cos., Inc., Class A | 83,286 | 6,900,245 |
The Procter & Gamble Co. | 976,142 | 88,897,252 |
151,381,540 | ||
Insurance 3.0% | ||
Aflac, Inc. | 149,941 | 10,848,231 |
Alleghany Corp. * | 5,807 | 3,750,161 |
American Financial Group, Inc. | 25,877 | 2,433,991 |
American International Group, Inc. | 351,704 | 22,480,920 |
Aon plc | 95,649 | 11,061,807 |
Arch Capital Group Ltd. * | 43,721 | 4,134,695 |
Arthur J. Gallagher & Co. | 60,729 | 3,458,516 |
Assurant, Inc. | 20,610 | 2,040,390 |
Axis Capital Holdings Ltd. | 34,408 | 2,384,474 |
Brown & Brown, Inc. | 43,147 | 1,859,636 |
Chubb Ltd. | 169,116 | 23,366,758 |
Cincinnati Financial Corp. | 52,431 | 3,825,366 |
CNA Financial Corp. | 11,588 | 496,893 |
Erie Indemnity Co., Class A | 5,161 | 612,146 |
Everest Re Group Ltd. | 15,079 | 3,545,676 |
FNF Group | 94,575 | 3,625,060 |
Lincoln National Corp. | 82,073 | 5,758,242 |
Loews Corp. | 98,127 | 4,610,006 |
Markel Corp. * | 5,117 | 5,013,278 |
Marsh & McLennan Cos., Inc. | 190,803 | 14,020,204 |
MetLife, Inc. | 398,428 | 20,893,564 |
Principal Financial Group, Inc. | 94,646 | 5,919,161 |
Prudential Financial, Inc. | 154,798 | 17,111,371 |
Reinsurance Group of America, Inc. | 23,164 | 3,012,710 |
RenaissanceRe Holdings Ltd. | 14,846 | 2,191,863 |
The Allstate Corp. | 133,330 | 10,954,393 |
The Hartford Financial Services Group, Inc. | 133,080 | 6,506,281 |
The Progressive Corp. | 216,026 | 8,463,899 |
The Travelers Cos., Inc. | 104,127 | 12,728,484 |
Torchmark Corp. | 41,021 | 3,180,358 |
Unum Group | 86,566 | 4,227,018 |
W.R. Berkley Corp. | 37,386 | 2,655,154 |
Willis Towers Watson plc | 49,427 | 6,347,910 |
XL Group Ltd. | 106,844 | 4,326,114 |
237,844,730 | ||
Materials 3.1% | ||
Air Products & Chemicals, Inc. | 78,147 | 10,977,309 |
Albemarle Corp. | 42,844 | 4,349,094 |
Ashland Global Holdings, Inc. | 23,771 | 2,868,209 |
Avery Dennison Corp. | 32,154 | 2,595,149 |
Axalta Coating Systems Ltd. * | 76,500 | 2,226,915 |
Ball Corp. | 63,242 | 4,650,184 |
Berry Plastics Group, Inc. * | 44,250 | 2,227,103 |
Security | Number of Shares | Value ($) |
Celanese Corp., Series A | 54,236 | 4,836,224 |
CF Industries Holdings, Inc. | 83,030 | 2,608,803 |
Crown Holdings, Inc. * | 48,538 | 2,601,151 |
E.I. du Pont de Nemours & Co. | 315,106 | 24,748,425 |
Eastman Chemical Co. | 55,330 | 4,440,233 |
Ecolab, Inc. | 95,325 | 11,817,440 |
FMC Corp. | 52,551 | 3,027,989 |
Freeport-McMoRan, Inc. * | 484,930 | 6,498,062 |
Huntsman Corp. | 71,644 | 1,619,154 |
International Flavors & Fragrances, Inc. | 28,540 | 3,587,478 |
International Paper Co. | 146,936 | 7,743,527 |
LyondellBasell Industries N.V., Class A | 124,082 | 11,321,242 |
Martin Marietta Materials, Inc. | 22,990 | 4,964,691 |
Monsanto Co. | 159,881 | 18,199,254 |
NewMarket Corp. | 3,330 | 1,450,848 |
Newmont Mining Corp. | 194,260 | 6,651,462 |
Nucor Corp. | 111,882 | 7,000,457 |
Packaging Corp. of America | 36,699 | 3,392,089 |
PPG Industries, Inc. | 94,400 | 9,669,392 |
Praxair, Inc. | 101,360 | 12,032,446 |
Reliance Steel & Aluminum Co. | 26,231 | 2,220,454 |
Royal Gold, Inc. | 28,966 | 1,913,204 |
RPM International, Inc. | 52,047 | 2,773,585 |
Sealed Air Corp. | 72,632 | 3,375,935 |
Sonoco Products Co. | 36,260 | 1,933,383 |
Steel Dynamics, Inc. | 85,800 | 3,140,280 |
The Dow Chemical Co. | 406,455 | 25,305,888 |
The Mosaic Co. | 128,773 | 4,016,430 |
The Sherwin-Williams Co. | 28,640 | 8,836,586 |
The Valspar Corp. | 24,592 | 2,735,122 |
Vulcan Materials Co. | 47,315 | 5,706,662 |
W.R. Grace & Co. | 25,943 | 1,837,802 |
Westlake Chemical Corp. | 14,404 | 913,646 |
WestRock Co. | 92,896 | 4,990,373 |
247,803,680 | ||
Media 3.2% | ||
CBS Corp., Class A | 900 | 60,228 |
CBS Corp., Class B Non-Voting Shares | 149,065 | 9,826,365 |
Charter Communications, Inc., Class A * | 78,082 | 25,225,171 |
Comcast Corp., Class A | 1,723,056 | 64,476,756 |
Discovery Communications, Inc., Class A * | 51,326 | 1,476,136 |
Discovery Communications, Inc., Class C * | 94,617 | 2,655,899 |
DISH Network Corp., Class A * | 83,411 | 5,171,482 |
Liberty Broadband Corp., Class A * | 5,994 | 505,054 |
Liberty Broadband Corp., Class C * | 25,873 | 2,223,526 |
Liberty Global plc, Class A * | 97,151 | 3,468,291 |
Liberty Global plc, Series C * | 235,575 | 8,266,327 |
Liberty Media Corp. - Liberty SiriusXM, Class A * | 34,654 | 1,362,942 |
Liberty Media Corp. - Liberty SiriusXM, Class C * | 69,308 | 2,698,160 |
Live Nation Entertainment, Inc. * | 45,692 | 1,298,110 |
News Corp., Class A | 165,409 | 2,120,543 |
News Corp., Class B | 36,064 | 476,045 |
Omnicom Group, Inc. | 83,831 | 7,134,018 |
Scripps Networks Interactive, Inc., Class A | 32,694 | 2,640,694 |
Sirius XM Holdings, Inc. (a) | 629,158 | 3,202,414 |
TEGNA, Inc. | 80,565 | 2,064,881 |
The Interpublic Group of Cos., Inc. | 145,601 | 3,508,984 |
The Walt Disney Co. | 534,129 | 58,802,262 |
Time Warner, Inc. | 280,867 | 27,583,948 |
Tribune Media Co., Class A | 21,483 | 741,593 |
Twenty-First Century Fox, Inc., Class A | 392,112 | 11,731,991 |
Twenty-First Century Fox, Inc., Class B | 168,667 | 4,950,376 |
Security | Number of Shares | Value ($) |
Viacom, Inc., Class A | 1,200 | 54,660 |
Viacom, Inc., Class B | 132,665 | 5,764,294 |
259,491,150 | ||
Pharmaceuticals, Biotechnology & Life Sciences 8.4% | ||
AbbVie, Inc. | 585,097 | 36,182,398 |
Agilent Technologies, Inc. | 118,068 | 6,056,888 |
Alexion Pharmaceuticals, Inc. * | 84,132 | 11,042,325 |
Alkermes plc * | 60,320 | 3,408,080 |
Allergan plc | 137,591 | 33,685,029 |
Alnylam Pharmaceuticals, Inc. * | 25,729 | 1,328,646 |
Amgen, Inc. | 270,142 | 47,688,167 |
Biogen, Inc. * | 78,481 | 22,649,617 |
BioMarin Pharmaceutical, Inc. * | 62,828 | 5,901,434 |
Bioverativ, Inc. * | 39,157 | 2,039,297 |
Bristol-Myers Squibb Co. | 602,297 | 34,156,263 |
Celgene Corp. * | 280,094 | 34,594,410 |
Eli Lilly & Co. | 349,800 | 28,966,938 |
Endo International plc * | 81,284 | 1,109,527 |
Gilead Sciences, Inc. | 473,826 | 33,395,256 |
Illumina, Inc. * | 55,075 | 9,219,555 |
Incyte Corp. * | 63,680 | 8,475,808 |
Ionis Pharmaceuticals, Inc. * | 43,547 | 2,167,334 |
Jazz Pharmaceuticals plc * | 22,999 | 3,050,127 |
Johnson & Johnson | 988,138 | 120,760,345 |
Mallinckrodt plc * | 41,396 | 2,169,978 |
Merck & Co., Inc. | 1,001,835 | 65,990,871 |
Mettler-Toledo International, Inc. * | 10,072 | 4,796,488 |
Mylan N.V. * | 174,167 | 7,288,889 |
OPKO Health, Inc. *(a) | 146,303 | 1,227,482 |
PerkinElmer, Inc. | 39,960 | 2,168,230 |
Perrigo Co., plc | 51,646 | 3,861,571 |
Pfizer, Inc. | 2,197,481 | 74,978,052 |
Quintiles IMS Holdings, Inc. * | 51,391 | 3,977,149 |
Regeneron Pharmaceuticals, Inc. * | 27,655 | 10,329,143 |
Seattle Genetics, Inc. * | 37,494 | 2,461,481 |
Thermo Fisher Scientific, Inc. | 143,829 | 22,678,957 |
United Therapeutics Corp. * | 15,385 | 2,272,672 |
Vertex Pharmaceuticals, Inc. * | 91,519 | 8,293,452 |
Waters Corp. * | 28,891 | 4,477,816 |
Zoetis, Inc. | 176,832 | 9,426,914 |
672,276,589 | ||
Real Estate 3.5% | ||
Alexandria Real Estate Equities, Inc. | 32,541 | 3,882,467 |
American Campus Communities, Inc. | 46,771 | 2,389,998 |
American Homes 4 Rent, Class A | 84,954 | 2,019,357 |
American Tower Corp. | 155,140 | 17,808,521 |
Apartment Investment & Management Co., Class A | 58,459 | 2,720,097 |
AvalonBay Communities, Inc. | 49,072 | 9,018,452 |
Boston Properties, Inc. | 55,994 | 7,784,846 |
Brixmor Property Group, Inc. | 86,004 | 2,007,333 |
Camden Property Trust | 33,175 | 2,808,264 |
CBRE Group, Inc., Class A * | 104,496 | 3,722,148 |
Crown Castle International Corp. | 131,215 | 12,272,539 |
DDR Corp. | 106,227 | 1,536,042 |
Digital Realty Trust, Inc. | 57,585 | 6,219,180 |
Douglas Emmett, Inc. | 56,270 | 2,269,932 |
Duke Realty Corp. | 126,018 | 3,231,102 |
Equinix, Inc. | 25,922 | 9,748,487 |
Equity LifeStyle Properties, Inc. | 29,100 | 2,316,942 |
Equity Residential | 131,731 | 8,308,274 |
Essex Property Trust, Inc. | 25,090 | 5,888,623 |
Extra Space Storage, Inc. | 46,992 | 3,721,297 |
Federal Realty Investment Trust | 26,805 | 3,772,268 |
Security | Number of Shares | Value ($) |
Forest City Realty Trust, Inc., Class A | 85,900 | 1,962,815 |
Gaming & Leisure Properties, Inc. | 72,550 | 2,321,600 |
GGP, Inc. | 217,805 | 5,414,632 |
HCP, Inc. | 166,203 | 5,449,796 |
Highwoods Properties, Inc. | 33,115 | 1,738,206 |
Host Hotels & Resorts, Inc. | 271,996 | 4,893,208 |
Iron Mountain, Inc. | 86,366 | 3,139,404 |
Jones Lang LaSalle, Inc. | 18,147 | 2,081,461 |
Kilroy Realty Corp. | 34,628 | 2,671,550 |
Kimco Realty Corp. | 155,264 | 3,765,152 |
Lamar Advertising Co., Class A | 30,304 | 2,287,346 |
Liberty Property Trust | 56,723 | 2,237,155 |
Mid-America Apartment Communities, Inc. | 42,358 | 4,351,437 |
National Retail Properties, Inc. | 53,493 | 2,420,023 |
Omega Healthcare Investors, Inc. | 71,523 | 2,334,511 |
Park Hotels & Resorts, Inc. | 41,247 | 1,053,448 |
Prologis, Inc. | 188,319 | 9,613,685 |
Public Storage | 54,323 | 12,356,310 |
Realogy Holdings Corp. | 52,326 | 1,449,430 |
Realty Income Corp. | 92,042 | 5,640,334 |
Regency Centers Corp. | 38,564 | 2,712,977 |
SBA Communications Corp. * | 46,568 | 5,391,177 |
Senior Housing Properties Trust | 91,942 | 1,884,811 |
Simon Property Group, Inc. | 114,333 | 21,083,005 |
SL Green Realty Corp. | 35,123 | 3,957,660 |
Spirit Realty Capital, Inc. | 177,060 | 1,945,889 |
Sun Communities, Inc. | 23,740 | 1,966,384 |
Taubman Centers, Inc. | 20,492 | 1,429,522 |
The Macerich Co. | 43,277 | 2,916,004 |
UDR, Inc. | 97,070 | 3,543,055 |
Ventas, Inc. | 128,360 | 8,349,818 |
VEREIT, Inc. | 358,690 | 3,253,318 |
Vornado Realty Trust | 63,386 | 6,964,220 |
Weingarten Realty Investors | 37,458 | 1,328,635 |
Welltower, Inc. | 131,441 | 9,250,818 |
Weyerhaeuser Co. | 272,056 | 9,173,728 |
WP Carey, Inc. | 36,710 | 2,316,034 |
278,094,727 | ||
Retailing 5.1% | ||
Advance Auto Parts, Inc. | 27,803 | 4,354,228 |
Amazon.com, Inc. * | 143,825 | 121,537,878 |
AutoNation, Inc. * | 24,019 | 1,102,472 |
AutoZone, Inc. * | 10,124 | 7,456,832 |
Bed Bath & Beyond, Inc. | 51,949 | 2,098,740 |
Best Buy Co., Inc. | 97,811 | 4,316,399 |
Burlington Stores, Inc. * | 25,970 | 2,311,590 |
CarMax, Inc. * | 71,975 | 4,645,267 |
Dick's Sporting Goods, Inc. | 34,533 | 1,690,390 |
Dollar General Corp. | 91,915 | 6,711,633 |
Dollar Tree, Inc. * | 84,277 | 6,462,360 |
Expedia, Inc. | 44,491 | 5,296,209 |
Foot Locker, Inc. | 47,869 | 3,622,247 |
Genuine Parts Co. | 51,850 | 4,962,563 |
Kohl's Corp. | 62,420 | 2,660,340 |
L Brands, Inc. | 86,911 | 4,573,257 |
Liberty Interactive Corp. QVC Group, Class A * | 158,965 | 3,001,259 |
Liberty Ventures, Series A * | 28,146 | 1,234,484 |
LKQ Corp. * | 113,370 | 3,580,225 |
Lowe's Cos., Inc. | 314,667 | 23,401,785 |
Macy's, Inc. | 114,333 | 3,798,142 |
Netflix, Inc. * | 154,490 | 21,957,664 |
Nordstrom, Inc. | 43,241 | 2,017,625 |
O'Reilly Automotive, Inc. * | 33,479 | 9,096,579 |
Ross Stores, Inc. | 149,588 | 10,258,745 |
Security | Number of Shares | Value ($) |
Sally Beauty Holdings, Inc. * | 54,291 | 1,187,344 |
Signet Jewelers Ltd. | 24,603 | 1,564,505 |
Staples, Inc. | 222,792 | 2,002,900 |
Target Corp. | 205,331 | 12,067,303 |
The Gap, Inc. | 78,247 | 1,942,091 |
The Home Depot, Inc. | 443,429 | 64,257,296 |
The Michaels Cos., Inc. * | 40,720 | 818,065 |
The Priceline Group, Inc. * | 17,808 | 30,703,307 |
The TJX Cos., Inc. | 234,498 | 18,396,368 |
Tiffany & Co. | 37,378 | 3,433,917 |
Tractor Supply Co. | 48,683 | 3,452,112 |
TripAdvisor, Inc. * | 41,105 | 1,704,624 |
Ulta Salon, Cosmetics & Fragrance, Inc. * | 22,361 | 6,114,168 |
Urban Outfitters, Inc. * | 37,189 | 968,030 |
Williams-Sonoma, Inc. | 28,873 | 1,402,939 |
412,163,882 | ||
Semiconductors & Semiconductor Equipment 3.1% | ||
Advanced Micro Devices, Inc. * | 274,545 | 3,969,921 |
Analog Devices, Inc. | 111,459 | 9,131,836 |
Applied Materials, Inc. | 390,852 | 14,156,659 |
Broadcom Ltd. | 144,582 | 30,496,681 |
First Solar, Inc. *(a) | 27,141 | 982,233 |
Intel Corp. | 1,711,811 | 61,967,558 |
KLA-Tencor Corp. | 62,016 | 5,588,882 |
Lam Research Corp. | 57,193 | 6,779,658 |
Linear Technology Corp. | 83,667 | 5,403,215 |
Marvell Technology Group Ltd. | 183,988 | 2,870,213 |
Maxim Integrated Products, Inc. | 100,214 | 4,439,480 |
Microchip Technology, Inc. | 77,560 | 5,624,651 |
Micron Technology, Inc. * | 379,231 | 8,889,175 |
NVIDIA Corp. | 199,426 | 20,237,750 |
Qorvo, Inc. * | 44,602 | 2,948,192 |
QUALCOMM, Inc. | 534,739 | 30,202,059 |
Skyworks Solutions, Inc. | 68,496 | 6,494,106 |
Texas Instruments, Inc. | 363,798 | 27,874,203 |
Xilinx, Inc. | 91,372 | 5,374,501 |
253,430,973 | ||
Software & Services 12.6% | ||
Accenture plc, Class A | 225,491 | 27,622,648 |
Activision Blizzard, Inc. | 243,340 | 10,981,934 |
Adobe Systems, Inc. * | 178,256 | 21,094,815 |
Akamai Technologies, Inc. * | 64,156 | 4,016,166 |
Alliance Data Systems Corp. | 20,230 | 4,915,485 |
Alphabet, Inc., Class A * | 107,367 | 90,717,599 |
Alphabet, Inc., Class C * | 107,942 | 88,858,934 |
Amdocs Ltd. | 54,594 | 3,311,126 |
ANSYS, Inc. * | 31,404 | 3,352,691 |
Autodesk, Inc. * | 70,505 | 6,084,582 |
Automatic Data Processing, Inc. | 163,970 | 16,826,601 |
Broadridge Financial Solutions, Inc. | 47,284 | 3,278,200 |
CA, Inc. | 111,985 | 3,613,756 |
Cadence Design Systems, Inc. * | 111,697 | 3,451,437 |
CDK Global, Inc. | 55,362 | 3,677,698 |
Citrix Systems, Inc. * | 54,810 | 4,327,250 |
Cognizant Technology Solutions Corp., Class A * | 222,488 | 13,186,864 |
Computer Sciences Corp. | 49,182 | 3,371,918 |
Conduent, Inc. * | 67,093 | 1,079,526 |
CoStar Group, Inc. * | 11,488 | 2,334,132 |
CSRA, Inc. | 49,182 | 1,466,607 |
Dell Technologies, Inc., Class V * | 84,168 | 5,343,826 |
eBay, Inc. * | 380,028 | 12,882,949 |
Electronic Arts, Inc. * | 111,489 | 9,643,799 |
Facebook, Inc., Class A * | 847,944 | 114,930,330 |
Security | Number of Shares | Value ($) |
Fidelity National Information Services, Inc. | 118,626 | 9,759,361 |
Fiserv, Inc. * | 80,314 | 9,268,236 |
FleetCor Technologies, Inc. * | 33,651 | 5,720,670 |
Fortinet, Inc. * | 48,803 | 1,822,792 |
Gartner, Inc. * | 28,663 | 2,958,308 |
Global Payments, Inc. | 54,985 | 4,381,755 |
IAC/InterActiveCorp * | 26,187 | 1,936,267 |
International Business Machines Corp. | 315,054 | 56,653,010 |
Intuit, Inc. | 90,826 | 11,393,213 |
Jack Henry & Associates, Inc. | 28,828 | 2,703,202 |
Leidos Holdings, Inc. | 52,240 | 2,784,392 |
MasterCard, Inc., Class A | 345,800 | 38,197,068 |
Microsoft Corp. | 2,828,929 | 180,994,877 |
Nuance Communications, Inc. * | 91,483 | 1,557,955 |
Oracle Corp. | 1,091,765 | 46,498,271 |
Paychex, Inc. | 118,925 | 7,304,374 |
PayPal Holdings, Inc. * | 405,533 | 17,032,386 |
Red Hat, Inc. * | 65,684 | 5,439,292 |
Sabre Corp. | 85,839 | 1,880,733 |
salesforce.com, Inc. * | 230,184 | 18,725,468 |
ServiceNow, Inc. * | 59,265 | 5,151,314 |
Splunk, Inc. * | 49,771 | 3,072,364 |
SS&C Technologies Holdings, Inc. | 67,313 | 2,357,301 |
Symantec Corp. | 223,880 | 6,396,252 |
Synopsys, Inc. * | 56,510 | 4,037,074 |
Teradata Corp. * | 46,119 | 1,434,301 |
The Ultimate Software Group, Inc. * | 10,390 | 2,009,322 |
The Western Union Co. | 174,014 | 3,417,635 |
Total System Services, Inc. | 57,826 | 3,150,360 |
Twitter, Inc. * | 217,866 | 3,435,747 |
Tyler Technologies, Inc. * | 12,020 | 1,822,833 |
Vantiv, Inc., Class A * | 55,810 | 3,648,858 |
VeriSign, Inc. * | 30,706 | 2,532,324 |
Visa, Inc., Class A | 679,572 | 59,761,562 |
VMware, Inc., Class A *(a) | 26,983 | 2,425,502 |
Workday, Inc., Class A * | 46,436 | 3,850,937 |
Yahoo! Inc. * | 321,181 | 14,665,124 |
Zillow Group, Inc., Class A * | 17,580 | 591,215 |
Zillow Group, Inc., Class C * | 42,220 | 1,432,947 |
1,012,575,475 | ||
Technology Hardware & Equipment 5.5% | ||
Amphenol Corp., Class A | 108,592 | 7,515,652 |
Apple, Inc. | 1,935,561 | 265,152,501 |
Arista Networks, Inc. * | 15,050 | 1,790,799 |
Arrow Electronics, Inc. * | 34,354 | 2,480,359 |
Avnet, Inc. | 48,518 | 2,235,709 |
CDW Corp. | 57,154 | 3,366,371 |
Cisco Systems, Inc. | 1,822,881 | 62,306,073 |
CommScope Holding Co., Inc. * | 68,652 | 2,612,209 |
Corning, Inc. | 343,103 | 9,473,074 |
F5 Networks, Inc. * | 23,293 | 3,337,188 |
FLIR Systems, Inc. | 49,205 | 1,806,316 |
Harris Corp. | 47,002 | 5,165,520 |
Hewlett Packard Enterprise Co. | 609,098 | 13,899,616 |
HP, Inc. | 628,934 | 10,924,584 |
Jabil Circuit, Inc. | 65,642 | 1,674,527 |
Juniper Networks, Inc. | 134,845 | 3,775,660 |
Keysight Technologies, Inc. * | 58,320 | 2,192,832 |
Motorola Solutions, Inc. | 58,804 | 4,643,752 |
National Instruments Corp. | 34,473 | 1,111,409 |
NCR Corp. * | 43,223 | 2,077,730 |
NetApp, Inc. | 99,285 | 4,153,092 |
Palo Alto Networks, Inc. * | 32,306 | 4,907,281 |
Seagate Technology plc | 106,201 | 5,117,826 |
TE Connectivity Ltd. | 132,154 | 9,841,508 |
Trimble, Inc. * | 98,444 | 3,054,717 |
Security | Number of Shares | Value ($) |
Western Digital Corp. | 104,486 | 8,032,884 |
Xerox Corp. | 339,295 | 2,524,355 |
445,173,544 | ||
Telecommunication Services 2.3% | ||
AT&T, Inc. | 2,234,533 | 93,381,134 |
CenturyLink, Inc. | 197,467 | 4,790,550 |
Frontier Communications Corp. (a) | 452,338 | 1,325,350 |
Level 3 Communications, Inc. * | 107,307 | 6,143,326 |
Sprint Corp. * | 230,240 | 2,028,414 |
T-Mobile US, Inc. * | 104,755 | 6,550,330 |
Verizon Communications, Inc. | 1,487,183 | 73,808,892 |
Zayo Group Holdings, Inc. * | 35,557 | 1,120,757 |
189,148,753 | ||
Transportation 2.2% | ||
Alaska Air Group, Inc. | 43,655 | 4,270,332 |
AMERCO | 1,500 | 579,450 |
American Airlines Group, Inc. | 190,400 | 8,826,944 |
Avis Budget Group, Inc. * | 35,760 | 1,236,581 |
C.H. Robinson Worldwide, Inc. | 52,474 | 4,217,335 |
CSX Corp. | 348,825 | 16,938,942 |
Delta Air Lines, Inc. | 260,346 | 12,999,076 |
Expeditors International of Washington, Inc. | 64,255 | 3,622,697 |
FedEx Corp. | 86,836 | 16,757,611 |
Genesee & Wyoming, Inc., Class A * | 24,162 | 1,791,371 |
Hertz Global Holdings, Inc. * | 30,776 | 699,231 |
J.B. Hunt Transport Services, Inc. | 35,449 | 3,480,028 |
JetBlue Airways Corp. * | 108,886 | 2,173,365 |
Kansas City Southern | 37,081 | 3,286,489 |
Macquarie Infrastructure Corp. | 25,873 | 1,990,669 |
Norfolk Southern Corp. | 108,712 | 13,157,413 |
Old Dominion Freight Line, Inc. * | 25,673 | 2,355,755 |
Southwest Airlines Co. | 231,496 | 13,380,469 |
Union Pacific Corp. | 299,165 | 32,291,870 |
United Continental Holdings, Inc. * | 108,349 | 8,027,577 |
United Parcel Service, Inc., Class B | 249,632 | 26,401,080 |
178,484,285 | ||
Utilities 3.2% | ||
AES Corp. | 253,922 | 2,925,181 |
Alliant Energy Corp. | 84,884 | 3,351,220 |
Ameren Corp. | 85,885 | 4,697,051 |
American Electric Power Co., Inc. | 178,523 | 11,955,685 |
American Water Works Co., Inc. | 64,829 | 5,056,662 |
Aqua America, Inc. | 69,665 | 2,211,167 |
Atmos Energy Corp. | 35,364 | 2,768,648 |
Avangrid, Inc. | 22,136 | 967,786 |
Calpine Corp. * | 119,904 | 1,404,076 |
CenterPoint Energy, Inc. | 163,570 | 4,468,732 |
CMS Energy Corp. | 103,487 | 4,607,241 |
Consolidated Edison, Inc. | 110,813 | 8,537,034 |
Dominion Resources, Inc. | 228,134 | 17,712,324 |
DTE Energy Co. | 65,598 | 6,650,325 |
Duke Energy Corp. | 253,992 | 20,967,040 |
Edison International | 118,883 | 9,479,730 |
Entergy Corp. | 63,345 | 4,856,028 |
Eversource Energy | 115,498 | 6,775,113 |
Exelon Corp. | 335,425 | 12,313,452 |
FirstEnergy Corp. | 152,391 | 4,942,040 |
National Fuel Gas Co. | 28,582 | 1,723,495 |
NextEra Energy, Inc. | 170,361 | 22,317,291 |
NiSource, Inc. | 109,176 | 2,610,398 |
NRG Energy, Inc. | 128,540 | 2,128,622 |
Security | Number of Shares | Value ($) |
OGE Energy Corp. | 68,520 | 2,523,592 |
PG&E Corp. | 179,622 | 11,989,768 |
Pinnacle West Capital Corp. | 42,147 | 3,464,062 |
PPL Corp. | 240,791 | 8,880,372 |
Public Service Enterprise Group, Inc. | 185,934 | 8,549,245 |
SCANA Corp. | 54,871 | 3,805,304 |
Sempra Energy | 92,620 | 10,215,060 |
The Southern Co. | 351,995 | 17,888,386 |
UGI Corp. | 64,049 | 3,089,083 |
WEC Energy Group, Inc. | 114,914 | 6,925,867 |
Westar Energy, Inc. | 51,668 | 2,789,039 |
Xcel Energy, Inc. | 188,895 | 8,256,600 |
253,802,719 | ||
Total Common Stock | ||
(Cost $6,517,040,189) | 8,027,441,194 | |
Other Investment Companies 0.3% of net assets | ||
Money Market Fund 0.1% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 0.46% (c) | 5,527,938 | 5,527,938 |
Securities Lending Collateral 0.2% | ||
Wells Fargo Government Money Market Fund, Select Class 0.48% (c) | 18,344,325 | 18,344,325 |
Total Other Investment Companies | ||
(Cost $23,872,263) | 23,872,263 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $17,593,504. |
(b) | Issuer is affiliated with the fund's investment adviser. |
(c) | The rate shown is the 7-day yield. |
Number of Contracts | Contract Value ($) | Unrealized Appreciation ($) | ||||
Futures Contracts | ||||||
S&P 500 Index, e-mini, Long, expires 03/17/17 | 145 | 17,130,300 | 227,964 |
Holdings by Category | Cost ($) | Value ($) | |
99.7% | Common Stock | 3,051,980,239 | 3,787,249,756 |
0.6% | Other Investment Companies | 22,855,688 | 22,855,688 |
100.3% | Total Investments | 3,074,835,927 | 3,810,105,444 |
(0.3%) | Other Assets and Liabilities, Net | (13,056,018) | |
100.0% | Net Assets | 3,797,049,426 |
Security | Number of Shares | Value ($) |
Common Stock 99.7% of net assets | ||
Automobiles & Components 0.5% | ||
BorgWarner, Inc. | 71,550 | 3,018,694 |
Lear Corp. | 25,429 | 3,610,664 |
Tesla, Inc. *(a) | 44,670 | 11,167,053 |
17,796,411 | ||
Banks 0.5% | ||
CIT Group, Inc. | 71,626 | 3,072,755 |
East West Bancorp, Inc. | 52,842 | 2,859,809 |
First Republic Bank | 54,810 | 5,142,822 |
Signature Bank * | 18,915 | 2,979,302 |
SVB Financial Group * | 18,363 | 3,505,313 |
Zions Bancorp | 75,083 | 3,371,227 |
20,931,228 | ||
Capital Goods 7.0% | ||
3M Co. | 217,236 | 40,481,929 |
A.O. Smith Corp. | 52,184 | 2,627,986 |
Acuity Brands, Inc. | 15,638 | 3,304,309 |
Allegion plc | 36,607 | 2,657,302 |
AMETEK, Inc. | 82,195 | 4,436,064 |
B/E Aerospace, Inc. | 37,080 | 2,358,288 |
Carlisle Cos., Inc. | 22,183 | 2,291,504 |
Colfax Corp. * | 34,753 | 1,322,352 |
Cummins, Inc. | 55,156 | 8,190,114 |
Deere & Co. | 104,957 | 11,491,742 |
Dover Corp. | 55,141 | 4,416,794 |
Fastenal Co. | 103,468 | 5,176,504 |
Flowserve Corp. | 47,551 | 2,208,744 |
Fortive Corp. | 109,776 | 6,328,586 |
Fortune Brands Home & Security, Inc. | 55,208 | 3,192,679 |
HD Supply Holdings, Inc. * | 71,569 | 3,077,467 |
Hubbell, Inc. | 18,048 | 2,140,854 |
Huntington Ingalls Industries, Inc. | 16,466 | 3,597,821 |
IDEX Corp. | 27,761 | 2,559,287 |
Jacobs Engineering Group, Inc. | 44,754 | 2,524,573 |
Lennox International, Inc. | 13,902 | 2,288,547 |
Lockheed Martin Corp. | 90,522 | 24,131,355 |
Nordson Corp. | 19,010 | 2,281,960 |
Northrop Grumman Corp. | 64,100 | 15,838,469 |
Owens Corning | 40,524 | 2,370,249 |
PACCAR, Inc. | 125,116 | 8,359,000 |
Pentair plc | 59,513 | 3,455,325 |
Quanta Services, Inc. * | 56,514 | 2,109,102 |
Security | Number of Shares | Value ($) |
Roper Technologies, Inc. | 35,907 | 7,511,744 |
Sensata Technologies Holding N.V. * | 61,430 | 2,521,701 |
Snap-on, Inc. | 20,843 | 3,536,432 |
Spirit AeroSystems Holdings, Inc., Class A | 47,569 | 2,930,726 |
Stanley Black & Decker, Inc. | 54,287 | 6,902,592 |
Textron, Inc. | 96,682 | 4,573,059 |
The Boeing Co. | 207,376 | 37,375,376 |
The Middleby Corp. * | 20,453 | 2,837,036 |
The Toro Co. | 38,260 | 2,303,635 |
TransDigm Group, Inc. | 17,928 | 4,557,298 |
Trinity Industries, Inc. | 53,444 | 1,434,437 |
United Rentals, Inc. * | 29,872 | 3,824,512 |
W.W. Grainger, Inc. | 19,750 | 4,897,210 |
WABCO Holdings, Inc. * | 18,922 | 2,124,562 |
Wabtec Corp. | 32,142 | 2,575,217 |
265,124,443 | ||
Commercial & Professional Services 1.0% | ||
Cintas Corp. | 31,128 | 3,673,415 |
Copart, Inc. * | 36,367 | 2,150,744 |
Equifax, Inc. | 42,902 | 5,624,881 |
IHS Markit Ltd. * | 116,432 | 4,633,994 |
KAR Auction Services, Inc. | 48,316 | 2,165,523 |
Nielsen Holdings plc | 120,290 | 5,336,065 |
Robert Half International, Inc. | 47,485 | 2,290,677 |
Rollins, Inc. | 35,427 | 1,295,211 |
Stericycle, Inc. * | 30,354 | 2,515,740 |
The Dun & Bradstreet Corp. | 13,445 | 1,418,985 |
TransUnion * | 31,610 | 1,172,415 |
Verisk Analytics, Inc. * | 57,708 | 4,785,147 |
37,062,797 | ||
Consumer Durables & Apparel 2.0% | ||
Carter's, Inc. | 17,035 | 1,499,250 |
D.R. Horton, Inc. | 121,461 | 3,886,752 |
Hanesbrands, Inc. | 136,979 | 2,740,950 |
Harman International Industries, Inc. | 24,557 | 2,741,052 |
Lennar Corp., B Shares | 3,450 | 135,620 |
Lennar Corp., Class A | 75,981 | 3,707,113 |
Lululemon Athletica, Inc. * | 37,231 | 2,429,695 |
Michael Kors Holdings Ltd. * | 60,033 | 2,191,204 |
Mohawk Industries, Inc. * | 22,225 | 5,030,851 |
NIKE, Inc., Class B | 482,492 | 27,579,243 |
NVR, Inc. * | 1,314 | 2,542,551 |
Polaris Industries, Inc. (a) | 20,916 | 1,782,252 |
PVH Corp. | 29,108 | 2,666,293 |
Ralph Lauren Corp. | 19,617 | 1,556,217 |
Toll Brothers, Inc. * | 52,305 | 1,785,693 |
Under Armour, Inc., Class A *(a) | 65,319 | 1,346,878 |
Under Armour, Inc., Class C * | 65,879 | 1,222,714 |
VF Corp. | 119,372 | 6,261,061 |
Whirlpool Corp. | 26,622 | 4,754,423 |
75,859,812 | ||
Security | Number of Shares | Value ($) |
Consumer Services 2.3% | ||
Chipotle Mexican Grill, Inc. * | 10,317 | 4,320,141 |
Domino's Pizza, Inc. | 17,196 | 3,263,973 |
Dunkin' Brands Group, Inc. | 31,307 | 1,722,198 |
Hilton Grand Vacations, Inc. * | 20,499 | 613,740 |
Hilton Worldwide Holdings, Inc. | 68,380 | 3,911,336 |
Las Vegas Sands Corp. | 132,216 | 7,000,837 |
Marriott International, Inc., Class A | 116,084 | 10,098,147 |
MGM Resorts International * | 174,268 | 4,581,506 |
Norwegian Cruise Line Holdings Ltd. * | 57,597 | 2,920,168 |
Royal Caribbean Cruises Ltd. | 60,046 | 5,770,421 |
Starbucks Corp. | 524,635 | 29,835,992 |
Vail Resorts, Inc. | 14,286 | 2,588,337 |
Wynn Resorts Ltd. | 29,446 | 2,831,233 |
Yum! Brands, Inc. | 124,571 | 8,136,978 |
87,595,007 | ||
Diversified Financials 7.2% | ||
Affiliated Managers Group, Inc. | 20,018 | 3,361,623 |
American Express Co. | 276,931 | 22,171,096 |
Ameriprise Financial, Inc. | 57,507 | 7,562,171 |
Berkshire Hathaway, Inc., Class B * | 683,581 | 117,179,455 |
BlackRock, Inc. | 43,517 | 16,861,097 |
CBOE Holdings, Inc. | 28,304 | 2,209,127 |
E*TRADE Financial Corp. * | 97,426 | 3,362,171 |
FactSet Research Systems, Inc. | 14,578 | 2,593,426 |
Intercontinental Exchange, Inc. | 214,700 | 12,265,811 |
Leucadia National Corp. | 119,236 | 3,174,062 |
MarketAxess Holdings, Inc. | 13,220 | 2,580,941 |
Moody's Corp. | 60,298 | 6,715,388 |
Morgan Stanley | 520,360 | 23,764,841 |
MSCI, Inc. | 34,459 | 3,259,477 |
OneMain Holdings, Inc. * | 20,677 | 579,370 |
Raymond James Financial, Inc. | 46,990 | 3,691,534 |
S&P Global, Inc. | 94,130 | 12,187,011 |
SEI Investments Co. | 49,490 | 2,491,822 |
T. Rowe Price Group, Inc. | 87,978 | 6,264,913 |
TD Ameritrade Holding Corp. | 86,172 | 3,369,325 |
The Charles Schwab Corp. (b) | 432,835 | 17,490,862 |
273,135,523 | ||
Energy 3.8% | ||
Anadarko Petroleum Corp. | 201,626 | 13,035,121 |
Antero Resources Corp. * | 54,661 | 1,310,771 |
Baker Hughes, Inc. | 152,305 | 9,180,945 |
Cabot Oil & Gas Corp. | 168,327 | 3,686,361 |
Cheniere Energy, Inc. * | 84,932 | 4,080,983 |
Cimarex Energy Co. | 34,283 | 4,310,059 |
Concho Resources, Inc. * | 52,053 | 6,894,420 |
Continental Resources, Inc. * | 30,778 | 1,391,166 |
Core Laboratories N.V. | 15,899 | 1,819,163 |
Diamondback Energy, Inc. * | 32,226 | 3,250,314 |
EOG Resources, Inc. | 207,887 | 20,162,960 |
EQT Corp. | 62,372 | 3,735,459 |
Halliburton Co. | 313,508 | 16,760,138 |
Parsley Energy, Inc., Class A * | 78,233 | 2,377,501 |
Pioneer Natural Resources Co. | 60,636 | 11,276,477 |
Schlumberger Ltd. | 501,592 | 40,307,933 |
Weatherford International plc * | 356,398 | 2,017,213 |
145,596,984 | ||
Food & Staples Retailing 2.5% | ||
Casey's General Stores, Inc. | 13,876 | 1,589,912 |
Costco Wholesale Corp. | 157,395 | 27,887,246 |
Security | Number of Shares | Value ($) |
CVS Health Corp. | 383,977 | 30,940,867 |
Rite Aid Corp. * | 373,336 | 2,240,016 |
US Foods Holding Corp. * | 32,361 | 891,546 |
Walgreens Boots Alliance, Inc. | 307,988 | 26,604,003 |
Whole Foods Market, Inc. | 113,091 | 3,468,501 |
93,622,091 | ||
Food, Beverage & Tobacco 1.4% | ||
Brown-Forman Corp., Class A | 22,986 | 1,145,852 |
Brown-Forman Corp., Class B | 62,412 | 3,043,209 |
Constellation Brands, Inc., Class A | 63,728 | 10,120,644 |
Mead Johnson Nutrition Co. | 66,212 | 5,812,751 |
Monster Beverage Corp. * | 144,531 | 5,989,365 |
Post Holdings, Inc. * | 22,776 | 1,864,671 |
The Hain Celestial Group, Inc. * | 37,917 | 1,341,503 |
The Hershey Co. | 49,986 | 5,415,983 |
The J.M. Smucker Co. | 41,024 | 5,814,332 |
The WhiteWave Foods Co. * | 65,342 | 3,599,037 |
TreeHouse Foods, Inc. * | 21,878 | 1,861,380 |
Tyson Foods, Inc., Class A | 106,394 | 6,656,009 |
52,664,736 | ||
Health Care Equipment & Services 8.5% | ||
ABIOMED, Inc. * | 14,102 | 1,663,613 |
Aetna, Inc. | 127,962 | 16,476,387 |
Align Technology, Inc. * | 26,522 | 2,725,401 |
AmerisourceBergen Corp. | 59,959 | 5,486,848 |
Becton Dickinson & Co. | 76,643 | 14,029,501 |
C.R. Bard, Inc. | 26,574 | 6,517,008 |
Centene Corp. * | 60,311 | 4,251,925 |
Cerner Corp. * | 107,914 | 5,939,587 |
Cigna Corp. | 92,741 | 13,809,135 |
Danaher Corp. | 219,087 | 18,742,893 |
DaVita, Inc. * | 56,623 | 3,930,202 |
DENTSPLY SIRONA, Inc. | 83,327 | 5,292,931 |
DexCom, Inc. * | 29,966 | 2,342,143 |
Edwards Lifesciences Corp. * | 76,190 | 7,164,908 |
Express Scripts Holding Co. * | 222,779 | 15,739,336 |
HCA Holdings, Inc. * | 105,681 | 9,219,610 |
Henry Schein, Inc. * | 29,172 | 5,004,748 |
Hologic, Inc. * | 98,942 | 4,015,066 |
Humana, Inc. | 53,667 | 11,337,154 |
IDEXX Laboratories, Inc. * | 33,309 | 4,827,806 |
Intuitive Surgical, Inc. * | 13,885 | 10,233,245 |
Laboratory Corp. of America Holdings * | 38,629 | 5,495,362 |
McKesson Corp. | 76,719 | 11,517,823 |
MEDNAX, Inc. * | 32,008 | 2,278,650 |
Medtronic plc | 496,909 | 40,204,907 |
ResMed, Inc. | 51,812 | 3,732,018 |
STERIS plc | 30,368 | 2,129,708 |
Stryker Corp. | 111,087 | 14,281,345 |
Teleflex, Inc. | 15,484 | 2,960,231 |
The Cooper Cos., Inc. | 17,217 | 3,428,593 |
UnitedHealth Group, Inc. | 342,203 | 56,593,532 |
Universal Health Services, Inc., Class B | 32,827 | 4,123,071 |
Varex Imaging Corp. * | 13,330 | 464,151 |
Varian Medical Systems, Inc. * | 33,667 | 2,824,325 |
VCA, Inc. * | 28,504 | 2,591,014 |
West Pharmaceutical Services, Inc. | 25,740 | 2,122,778 |
323,496,955 | ||
Household & Personal Products 0.5% | ||
Church & Dwight Co., Inc. | 91,537 | 4,562,204 |
Herbalife Ltd. *(a) | 25,365 | 1,432,869 |
Spectrum Brands Holdings, Inc. | 8,577 | 1,164,070 |
Security | Number of Shares | Value ($) |
The Clorox Co. | 46,818 | 6,405,171 |
The Estee Lauder Cos., Inc., Class A | 80,077 | 6,634,379 |
20,198,693 | ||
Insurance 1.0% | ||
Alleghany Corp. * | 5,518 | 3,563,524 |
Aon plc | 95,060 | 10,993,689 |
Arch Capital Group Ltd. * | 44,600 | 4,217,822 |
Erie Indemnity Co., Class A | 6,469 | 767,288 |
Everest Re Group Ltd. | 14,668 | 3,449,034 |
Markel Corp. * | 4,855 | 4,756,589 |
RenaissanceRe Holdings Ltd. | 14,407 | 2,127,050 |
W.R. Berkley Corp. | 35,365 | 2,511,622 |
Willis Towers Watson plc | 47,118 | 6,051,365 |
38,437,983 | ||
Materials 2.8% | ||
Axalta Coating Systems Ltd. * | 77,398 | 2,253,056 |
Ball Corp. | 62,500 | 4,595,625 |
Berry Plastics Group, Inc. * | 47,091 | 2,370,090 |
Crown Holdings, Inc. * | 49,897 | 2,673,980 |
Ecolab, Inc. | 93,682 | 11,613,758 |
FMC Corp. | 49,818 | 2,870,513 |
International Flavors & Fragrances, Inc. | 28,004 | 3,520,103 |
Martin Marietta Materials, Inc. | 23,161 | 5,001,618 |
Monsanto Co. | 159,169 | 18,118,207 |
NewMarket Corp. | 3,164 | 1,378,523 |
Packaging Corp. of America | 34,707 | 3,207,968 |
PPG Industries, Inc. | 94,738 | 9,704,013 |
Praxair, Inc. | 101,893 | 12,095,718 |
Royal Gold, Inc. | 22,976 | 1,517,565 |
The Sherwin-Williams Co. | 29,200 | 9,009,368 |
The Valspar Corp. | 26,203 | 2,914,298 |
Vulcan Materials Co. | 47,654 | 5,747,549 |
W.R. Grace & Co. | 25,306 | 1,792,677 |
WestRock Co. | 90,039 | 4,836,895 |
105,221,524 | ||
Media 4.7% | ||
Charter Communications, Inc., Class A * | 77,799 | 25,133,745 |
Comcast Corp., Class A | 1,717,051 | 64,252,049 |
Discovery Communications, Inc., Class A * | 58,150 | 1,672,394 |
Discovery Communications, Inc., Class C * | 76,565 | 2,149,180 |
DISH Network Corp., Class A * | 82,636 | 5,123,432 |
Liberty Broadband Corp., Class A * | 10,830 | 912,536 |
Liberty Global plc, Class A * | 94,288 | 3,366,082 |
Liberty Global plc, Series C * | 230,381 | 8,084,069 |
Liberty Media Corp. - Liberty SiriusXM, Class A * | 33,480 | 1,316,768 |
Liberty Media Corp. - Liberty SiriusXM, Class C * | 60,171 | 2,342,457 |
Live Nation Entertainment, Inc. * | 47,968 | 1,362,771 |
Scripps Networks Interactive, Inc., Class A | 33,342 | 2,693,033 |
Sirius XM Holdings, Inc. (a) | 619,344 | 3,152,461 |
The Walt Disney Co. | 527,748 | 58,099,777 |
179,660,754 | ||
Pharmaceuticals, Biotechnology & Life Sciences 7.8% | ||
Alexion Pharmaceuticals, Inc. * | 80,883 | 10,615,894 |
Alkermes plc * | 55,612 | 3,142,078 |
Allergan plc | 135,095 | 33,073,958 |
Alnylam Pharmaceuticals, Inc. * | 25,808 | 1,332,725 |
Amgen, Inc. | 268,366 | 47,374,650 |
Biogen, Inc. * | 78,636 | 22,694,350 |
Security | Number of Shares | Value ($) |
BioMarin Pharmaceutical, Inc. * | 60,965 | 5,726,442 |
Bioverativ, Inc. * | 39,318 | 2,047,681 |
Celgene Corp. * | 278,543 | 34,402,846 |
Endo International plc * | 71,687 | 978,528 |
Gilead Sciences, Inc. | 474,139 | 33,417,317 |
Illumina, Inc. * | 53,180 | 8,902,332 |
Incyte Corp. * | 63,114 | 8,400,473 |
Ionis Pharmaceuticals, Inc. * | 43,502 | 2,165,095 |
Jazz Pharmaceuticals plc * | 21,959 | 2,912,203 |
Mallinckrodt plc * | 38,400 | 2,012,928 |
Mettler-Toledo International, Inc. * | 9,486 | 4,517,423 |
Mylan N.V. * | 167,271 | 7,000,291 |
OPKO Health, Inc. *(a) | 125,393 | 1,052,047 |
Perrigo Co., plc | 51,451 | 3,846,991 |
Regeneron Pharmaceuticals, Inc. * | 27,281 | 10,189,453 |
Seattle Genetics, Inc. * | 34,135 | 2,240,963 |
Thermo Fisher Scientific, Inc. | 142,368 | 22,448,586 |
United Therapeutics Corp. * | 15,569 | 2,299,853 |
Vertex Pharmaceuticals, Inc. * | 89,235 | 8,086,476 |
Waters Corp. * | 28,650 | 4,440,463 |
Zoetis, Inc. | 178,202 | 9,499,949 |
294,821,995 | ||
Real Estate 4.6% | ||
Alexandria Real Estate Equities, Inc. | 31,198 | 3,722,233 |
American Campus Communities, Inc. | 45,572 | 2,328,729 |
American Tower Corp. | 154,210 | 17,701,766 |
AvalonBay Communities, Inc. | 49,877 | 9,166,395 |
Boston Properties, Inc. | 54,597 | 7,590,621 |
CBRE Group, Inc., Class A * | 105,697 | 3,764,927 |
Crown Castle International Corp. | 129,041 | 12,069,205 |
Digital Realty Trust, Inc. | 59,924 | 6,471,792 |
Equinix, Inc. | 25,794 | 9,700,350 |
Equity LifeStyle Properties, Inc. | 28,504 | 2,269,489 |
Essex Property Trust, Inc. | 23,359 | 5,482,357 |
Extra Space Storage, Inc. | 44,381 | 3,514,531 |
Federal Realty Investment Trust | 25,416 | 3,576,794 |
Highwoods Properties, Inc. | 35,796 | 1,878,932 |
Jones Lang LaSalle, Inc. | 15,846 | 1,817,536 |
Kilroy Realty Corp. | 34,660 | 2,674,019 |
Mid-America Apartment Communities, Inc. | 41,320 | 4,244,804 |
Park Hotels & Resorts, Inc. | 40,998 | 1,047,089 |
Public Storage | 53,418 | 12,150,458 |
Realogy Holdings Corp. | 50,453 | 1,397,548 |
SBA Communications Corp. * | 44,739 | 5,179,434 |
Simon Property Group, Inc. | 112,473 | 20,740,021 |
SL Green Realty Corp. | 35,924 | 4,047,916 |
Sun Communities, Inc. | 27,162 | 2,249,829 |
Taubman Centers, Inc. | 21,051 | 1,468,518 |
The Macerich Co. | 42,888 | 2,889,794 |
Ventas, Inc. | 128,287 | 8,345,069 |
Vornado Realty Trust | 61,513 | 6,758,433 |
Welltower, Inc. | 131,242 | 9,236,812 |
173,485,401 | ||
Retailing 9.8% | ||
Advance Auto Parts, Inc. | 26,632 | 4,170,838 |
Amazon.com, Inc. * | 142,155 | 120,126,661 |
AutoNation, Inc. * | 23,368 | 1,072,591 |
AutoZone, Inc. * | 10,381 | 7,646,126 |
Bed Bath & Beyond, Inc. | 55,768 | 2,253,027 |
Burlington Stores, Inc. * | 25,722 | 2,289,515 |
CarMax, Inc. * | 69,671 | 4,496,566 |
Dick's Sporting Goods, Inc. | 30,678 | 1,501,688 |
Dollar General Corp. | 92,515 | 6,755,445 |
Security | Number of Shares | Value ($) |
Dollar Tree, Inc. * | 85,085 | 6,524,318 |
Expedia, Inc. | 43,863 | 5,221,452 |
L Brands, Inc. | 85,876 | 4,518,795 |
Liberty Interactive Corp. QVC Group, Class A * | 160,887 | 3,037,547 |
Liberty Ventures, Series A * | 29,558 | 1,296,414 |
LKQ Corp. * | 111,850 | 3,532,223 |
Lowe's Cos., Inc. | 312,737 | 23,258,251 |
Netflix, Inc. * | 154,477 | 21,955,816 |
O'Reilly Automotive, Inc. * | 33,769 | 9,175,375 |
Ross Stores, Inc. | 140,890 | 9,662,236 |
Sally Beauty Holdings, Inc. * | 49,620 | 1,085,189 |
Signet Jewelers Ltd. | 25,423 | 1,616,649 |
The Home Depot, Inc. | 438,607 | 63,558,540 |
The Michaels Cos., Inc. * | 43,726 | 878,455 |
The Priceline Group, Inc. * | 17,740 | 30,586,066 |
The TJX Cos., Inc. | 235,372 | 18,464,933 |
Tiffany & Co. | 38,685 | 3,553,991 |
Tractor Supply Co. | 47,394 | 3,360,709 |
TripAdvisor, Inc. * | 40,601 | 1,683,723 |
Ulta Salon, Cosmetics & Fragrance, Inc. * | 20,820 | 5,692,813 |
Urban Outfitters, Inc. * | 33,881 | 881,922 |
Williams-Sonoma, Inc. | 30,359 | 1,475,144 |
371,333,018 | ||
Semiconductors & Semiconductor Equipment 2.5% | ||
Broadcom Ltd. | 142,914 | 30,144,850 |
Lam Research Corp. | 59,116 | 7,007,611 |
NVIDIA Corp. | 193,777 | 19,664,490 |
Qorvo, Inc. * | 45,659 | 3,018,060 |
QUALCOMM, Inc. | 530,888 | 29,984,554 |
Skyworks Solutions, Inc. | 67,893 | 6,436,935 |
96,256,500 | ||
Software & Services 17.7% | ||
Accenture plc, Class A | 223,690 | 27,402,025 |
Activision Blizzard, Inc. | 243,864 | 11,005,582 |
Adobe Systems, Inc. * | 178,375 | 21,108,898 |
Akamai Technologies, Inc. * | 63,653 | 3,984,678 |
Alliance Data Systems Corp. | 20,975 | 5,096,506 |
Alphabet, Inc., Class A * | 106,543 | 90,021,377 |
Alphabet, Inc., Class C * | 107,033 | 88,110,636 |
ANSYS, Inc. * | 30,878 | 3,296,535 |
Autodesk, Inc. * | 69,784 | 6,022,359 |
Automatic Data Processing, Inc. | 163,071 | 16,734,346 |
Cadence Design Systems, Inc. * | 105,386 | 3,256,427 |
CDK Global, Inc. | 54,343 | 3,610,005 |
Citrix Systems, Inc. * | 55,758 | 4,402,094 |
Cognizant Technology Solutions Corp., Class A * | 216,488 | 12,831,244 |
CoStar Group, Inc. * | 11,550 | 2,346,729 |
Dell Technologies, Inc., Class V * | 82,808 | 5,257,480 |
eBay, Inc. * | 375,447 | 12,727,653 |
Electronic Arts, Inc. * | 108,635 | 9,396,928 |
Facebook, Inc., Class A * | 842,979 | 114,257,374 |
Fidelity National Information Services, Inc. | 116,637 | 9,595,726 |
Fiserv, Inc. * | 78,606 | 9,071,132 |
FleetCor Technologies, Inc. * | 34,071 | 5,792,070 |
Fortinet, Inc. * | 54,466 | 2,034,305 |
Gartner, Inc. * | 30,406 | 3,138,203 |
Global Payments, Inc. | 55,736 | 4,441,602 |
IAC/InterActiveCorp * | 25,265 | 1,868,094 |
Intuit, Inc. | 87,470 | 10,972,237 |
Jack Henry & Associates, Inc. | 29,093 | 2,728,051 |
MasterCard, Inc., Class A | 344,798 | 38,086,387 |
Nuance Communications, Inc. * | 92,745 | 1,579,447 |
Security | Number of Shares | Value ($) |
PayPal Holdings, Inc. * | 402,291 | 16,896,222 |
Red Hat, Inc. * | 65,741 | 5,444,012 |
Sabre Corp. | 72,933 | 1,597,962 |
salesforce.com, Inc. * | 229,249 | 18,649,406 |
ServiceNow, Inc. * | 59,618 | 5,181,997 |
Splunk, Inc. * | 48,759 | 3,009,893 |
SS&C Technologies Holdings, Inc. | 63,421 | 2,221,003 |
Synopsys, Inc. * | 53,211 | 3,801,394 |
The Ultimate Software Group, Inc. * | 10,156 | 1,964,069 |
Total System Services, Inc. | 59,722 | 3,253,655 |
Twitter, Inc. * | 216,676 | 3,416,981 |
Tyler Technologies, Inc. * | 11,538 | 1,749,738 |
Vantiv, Inc., Class A * | 55,860 | 3,652,127 |
VeriSign, Inc. * | 32,277 | 2,661,884 |
Visa, Inc., Class A | 673,432 | 59,221,610 |
VMware, Inc., Class A *(a) | 26,388 | 2,372,017 |
Workday, Inc., Class A * | 43,295 | 3,590,454 |
Zillow Group, Inc., Class A * | 17,066 | 573,930 |
Zillow Group, Inc., Class C * | 36,646 | 1,243,765 |
670,678,249 | ||
Technology Hardware & Equipment 7.8% | ||
Amphenol Corp., Class A | 109,376 | 7,569,913 |
Apple, Inc. | 1,921,262 | 263,193,681 |
Arista Networks, Inc. * | 14,486 | 1,723,689 |
CDW Corp. | 56,779 | 3,344,283 |
CommScope Holding Co., Inc. * | 70,630 | 2,687,471 |
F5 Networks, Inc. * | 23,704 | 3,396,072 |
FLIR Systems, Inc. | 51,491 | 1,890,235 |
Juniper Networks, Inc. | 140,801 | 3,942,428 |
Palo Alto Networks, Inc. * | 33,088 | 5,026,067 |
Trimble, Inc. * | 90,052 | 2,794,314 |
295,568,153 | ||
Telecommunication Services 0.3% | ||
Level 3 Communications, Inc. * | 104,126 | 5,961,213 |
T-Mobile US, Inc. * | 102,866 | 6,432,211 |
12,393,424 | ||
Transportation 3.5% | ||
Alaska Air Group, Inc. | 45,420 | 4,442,984 |
AMERCO | 1,675 | 647,053 |
Avis Budget Group, Inc. * | 32,495 | 1,123,677 |
C.H. Robinson Worldwide, Inc. | 51,303 | 4,123,222 |
Delta Air Lines, Inc. | 266,969 | 13,329,762 |
FedEx Corp. | 87,375 | 16,861,628 |
Genesee & Wyoming, Inc., Class A * | 20,953 | 1,553,456 |
Hertz Global Holdings, Inc. * | 26,781 | 608,464 |
J.B. Hunt Transport Services, Inc. | 31,667 | 3,108,749 |
JetBlue Airways Corp. * | 114,828 | 2,291,967 |
Kansas City Southern | 38,347 | 3,398,695 |
Macquarie Infrastructure Corp. | 27,267 | 2,097,923 |
Old Dominion Freight Line, Inc. * | 25,396 | 2,330,337 |
Southwest Airlines Co. | 221,143 | 12,782,065 |
Union Pacific Corp. | 296,947 | 32,052,459 |
United Continental Holdings, Inc. * | 104,830 | 7,766,855 |
United Parcel Service, Inc., Class B | 249,108 | 26,345,662 |
134,864,958 | ||
Utilities 0.0% | ||
Calpine Corp. * | 123,238 | 1,443,117 |
Total Common Stock | ||
(Cost $3,051,980,239) | 3,787,249,756 |
Security | Number of Shares | Value ($) |
Other Investment Companies 0.6% of net assets | ||
Money Market Fund 0.2% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 0.46% (c) | 5,842,313 | 5,842,313 |
Securities Lending Collateral 0.4% | ||
Wells Fargo Government Money Market Fund, Select Class 0.48% (c) | 17,013,375 | 17,013,375 |
Total Other Investment Companies | ||
(Cost $22,855,688) | 22,855,688 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $16,517,819. |
(b) | Issuer is affiliated with the fund's investment adviser. |
(c) | The rate shown is the 7-day yield. |
Number of Contracts | Contract Value ($) | Unrealized Appreciation ($) | ||||
Futures Contracts | ||||||
S&P 500 Index, e-mini, Long, expires 03/17/17 | 80 | 9,451,200 | 231,973 |
Holdings by Category | Cost ($) | Value ($) | |
99.8% | Common Stock | 2,710,497,135 | 3,197,302,536 |
0.2% | Other Investment Companies | 7,285,038 | 7,285,038 |
100.0% | Total Investments | 2,717,782,173 | 3,204,587,574 |
0.0% | Other Assets and Liabilities, Net | 1,015,847 | |
100.0% | Net Assets | 3,205,603,421 |
Security | Number of Shares | Value ($) |
Common Stock 99.8% of net assets | ||
Automobiles & Components 1.4% | ||
Adient plc * | 25,711 | 1,725,979 |
Autoliv, Inc. | 25,026 | 2,620,222 |
Delphi Automotive plc | 73,658 | 5,607,584 |
Ford Motor Co. | 1,081,264 | 13,548,238 |
General Motors Co. | 384,928 | 14,180,748 |
Harley-Davidson, Inc. | 49,282 | 2,778,519 |
The Goodyear Tire & Rubber Co. | 70,665 | 2,476,808 |
42,938,098 | ||
Banks 11.9% | ||
Bank of America Corp. | 2,795,847 | 69,001,504 |
BB&T Corp. | 229,285 | 11,056,123 |
BOK Financial Corp. | 5,641 | 465,157 |
Citigroup, Inc. | 788,394 | 47,153,845 |
Citizens Financial Group, Inc. | 141,087 | 5,272,421 |
Comerica, Inc. | 47,304 | 3,371,829 |
Cullen/Frost Bankers, Inc. | 18,412 | 1,702,558 |
Fifth Third Bancorp | 206,826 | 5,675,305 |
Huntington Bancshares, Inc. | 301,969 | 4,269,842 |
JPMorgan Chase & Co. | 989,812 | 89,696,763 |
KeyCorp | 296,131 | 5,558,379 |
M&T Bank Corp. | 42,514 | 7,098,562 |
New York Community Bancorp, Inc. | 134,868 | 2,060,783 |
People's United Financial, Inc. | 81,283 | 1,560,634 |
Regions Financial Corp. | 337,222 | 5,149,380 |
SunTrust Banks, Inc. | 136,325 | 8,109,974 |
TFS Financial Corp. | 15,553 | 264,245 |
The PNC Financial Services Group, Inc. | 133,938 | 17,040,932 |
U.S. Bancorp | 439,214 | 24,156,770 |
Wells Fargo & Co. | 1,250,027 | 72,351,563 |
381,016,569 | ||
Capital Goods 7.8% | ||
AGCO Corp. | 19,897 | 1,212,125 |
Allison Transmission Holdings, Inc. | 44,479 | 1,600,355 |
Arconic, Inc. | 123,224 | 3,547,619 |
Caterpillar, Inc. | 161,993 | 15,658,243 |
Donaldson Co., Inc. | 34,873 | 1,497,795 |
Eaton Corp. plc | 125,741 | 9,050,837 |
Emerson Electric Co. | 178,546 | 10,730,615 |
Fluor Corp. | 38,454 | 2,129,967 |
General Dynamics Corp. | 79,365 | 15,064,271 |
General Electric Co. | 2,447,626 | 72,963,731 |
Security | Number of Shares | Value ($) |
Honeywell International, Inc. | 210,526 | 26,210,487 |
Illinois Tool Works, Inc. | 86,197 | 11,378,866 |
Ingersoll-Rand plc | 71,334 | 5,661,066 |
Johnson Controls International plc | 257,299 | 10,791,120 |
L3 Technologies, Inc. | 21,228 | 3,573,097 |
Lincoln Electric Holdings, Inc. | 15,676 | 1,320,076 |
Masco Corp. | 89,240 | 3,014,527 |
Parker-Hannifin Corp. | 37,845 | 5,859,920 |
Raytheon Co. | 80,807 | 12,456,399 |
Rockwell Automation, Inc. | 35,460 | 5,358,006 |
Rockwell Collins, Inc. | 35,641 | 3,406,923 |
United Technologies Corp. | 211,129 | 23,762,569 |
Xylem, Inc. | 50,716 | 2,440,454 |
248,689,068 | ||
Commercial & Professional Services 0.4% | ||
ManpowerGroup, Inc. | 17,898 | 1,736,822 |
Republic Services, Inc. | 62,990 | 3,902,231 |
Waste Management, Inc. | 112,720 | 8,264,630 |
13,903,683 | ||
Consumer Durables & Apparel 0.6% | ||
Coach, Inc. | 76,016 | 2,895,450 |
Garmin Ltd. | 33,395 | 1,723,516 |
Hasbro, Inc. | 31,649 | 3,065,839 |
Leggett & Platt, Inc. | 37,824 | 1,860,184 |
Mattel, Inc. | 94,291 | 2,426,107 |
Newell Brands, Inc. | 133,205 | 6,531,041 |
PulteGroup, Inc. | 86,600 | 1,909,530 |
20,411,667 | ||
Consumer Services 1.5% | ||
Aramark | 68,362 | 2,443,258 |
Carnival Corp. | 115,227 | 6,446,951 |
Darden Restaurants, Inc. | 34,807 | 2,599,387 |
H&R Block, Inc. | 58,659 | 1,206,029 |
McDonald's Corp. | 230,016 | 29,361,542 |
Service Corp. International | 53,952 | 1,657,945 |
Wyndham Worldwide Corp. | 29,464 | 2,452,583 |
46,167,695 | ||
Diversified Financials 3.7% | ||
AGNC Investment Corp. | 98,527 | 1,934,085 |
Ally Financial, Inc. | 127,369 | 2,864,529 |
Annaly Capital Management, Inc. | 291,995 | 3,241,145 |
Capital One Financial Corp. | 134,163 | 12,592,539 |
CME Group, Inc. | 94,231 | 11,445,297 |
Discover Financial Services | 109,471 | 7,787,767 |
Eaton Vance Corp. | 32,893 | 1,533,801 |
Franklin Resources, Inc. | 97,796 | 4,209,140 |
Invesco Ltd. | 111,628 | 3,593,305 |
Lazard Ltd., Class A | 35,303 | 1,520,147 |
Legg Mason, Inc. | 25,126 | 947,753 |
Nasdaq, Inc. | 30,893 | 2,196,801 |
Navient Corp. | 81,991 | 1,263,481 |
Security | Number of Shares | Value ($) |
Northern Trust Corp. | 57,924 | 5,059,661 |
Santander Consumer USA Holdings, Inc. * | 28,204 | 416,855 |
Starwood Property Trust, Inc. | 67,329 | 1,539,141 |
State Street Corp. | 100,463 | 8,007,906 |
Synchrony Financial | 215,753 | 7,818,889 |
The Bank of New York Mellon Corp. | 290,840 | 13,710,198 |
The Goldman Sachs Group, Inc. | 102,425 | 25,407,545 |
Voya Financial, Inc. | 54,992 | 2,267,320 |
119,357,305 | ||
Energy 8.7% | ||
Apache Corp. | 103,804 | 5,459,052 |
Chesapeake Energy Corp. * | 200,732 | 1,093,989 |
Chevron Corp. | 522,610 | 58,793,625 |
ConocoPhillips | 341,973 | 16,267,656 |
Devon Energy Corp. | 145,841 | 6,323,666 |
Energen Corp. * | 26,933 | 1,413,982 |
Exxon Mobil Corp. | 1,147,502 | 93,314,863 |
Helmerich & Payne, Inc. | 30,194 | 2,064,364 |
Hess Corp. | 74,896 | 3,852,650 |
HollyFrontier Corp. | 50,207 | 1,470,061 |
Kinder Morgan, Inc. | 528,973 | 11,272,415 |
Marathon Oil Corp. | 229,424 | 3,670,784 |
Marathon Petroleum Corp. | 144,643 | 7,174,293 |
Murphy Oil Corp. | 46,363 | 1,311,609 |
National Oilwell Varco, Inc. | 106,348 | 4,298,586 |
Newfield Exploration Co. * | 53,427 | 1,947,948 |
Noble Energy, Inc. | 118,132 | 4,301,186 |
Occidental Petroleum Corp. | 212,034 | 13,898,829 |
ONEOK, Inc. | 57,700 | 3,118,685 |
Phillips 66 | 121,254 | 9,480,850 |
Range Resources Corp. | 51,468 | 1,421,546 |
Southwestern Energy Co. * | 139,603 | 1,048,419 |
Targa Resources Corp. | 53,758 | 3,037,327 |
TechnipFMC plc * | 130,441 | 4,215,853 |
Tesoro Corp. | 32,671 | 2,783,242 |
The Williams Cos., Inc. | 227,253 | 6,440,350 |
Transocean Ltd. * | 103,841 | 1,435,083 |
Valero Energy Corp. | 124,083 | 8,431,440 |
279,342,353 | ||
Food & Staples Retailing 1.4% | ||
Sysco Corp. | 138,389 | 7,295,868 |
The Kroger Co. | 259,665 | 8,257,347 |
Wal-Mart Stores, Inc. | 417,112 | 29,585,754 |
45,138,969 | ||
Food, Beverage & Tobacco 8.7% | ||
Altria Group, Inc. | 540,209 | 40,472,458 |
Archer-Daniels-Midland Co. | 159,778 | 7,504,773 |
Bunge Ltd. | 38,060 | 3,115,211 |
Campbell Soup Co. | 54,151 | 3,213,862 |
ConAgra Brands, Inc. | 114,304 | 4,710,468 |
Dr. Pepper Snapple Group, Inc. | 50,286 | 4,698,724 |
General Mills, Inc. | 162,725 | 9,823,708 |
Hormel Foods Corp. | 73,910 | 2,605,328 |
Ingredion, Inc. | 20,134 | 2,433,999 |
Kellogg Co. | 69,248 | 5,129,200 |
Lamb Weston Holdings, Inc. | 37,986 | 1,488,671 |
McCormick & Co., Inc. Non-Voting Shares | 31,276 | 3,078,184 |
Molson Coors Brewing Co., Class B | 51,694 | 5,189,561 |
Mondelez International, Inc., Class A | 425,187 | 18,674,213 |
PepsiCo, Inc. | 396,953 | 43,815,672 |
Philip Morris International, Inc. | 429,461 | 46,961,560 |
Pilgrim's Pride Corp. | 17,714 | 361,011 |
Security | Number of Shares | Value ($) |
Pinnacle Foods, Inc. | 33,564 | 1,917,511 |
Reynolds American, Inc. | 227,958 | 14,035,374 |
The Coca-Cola Co. | 1,073,682 | 45,051,697 |
The Kraft Heinz Co. | 164,355 | 15,040,126 |
279,321,311 | ||
Health Care Equipment & Services 2.1% | ||
Abbott Laboratories | 475,802 | 21,449,154 |
Anthem, Inc. | 72,078 | 11,879,896 |
Baxter International, Inc. | 135,806 | 6,915,242 |
Boston Scientific Corp. * | 378,086 | 9,282,011 |
Cardinal Health, Inc. | 91,446 | 7,440,961 |
Patterson Cos., Inc. | 23,978 | 1,089,800 |
Quest Diagnostics, Inc. | 36,749 | 3,580,823 |
Zimmer Biomet Holdings, Inc. | 55,950 | 6,550,626 |
68,188,513 | ||
Household & Personal Products 3.1% | ||
Colgate-Palmolive Co. | 246,063 | 17,957,678 |
Edgewell Personal Care Co. * | 16,138 | 1,191,630 |
Kimberly-Clark Corp. | 98,931 | 13,113,304 |
The Procter & Gamble Co. | 740,157 | 67,406,098 |
99,668,710 | ||
Insurance 4.7% | ||
Aflac, Inc. | 113,636 | 8,221,565 |
American Financial Group, Inc. | 19,771 | 1,859,660 |
American International Group, Inc. | 268,653 | 17,172,300 |
Arthur J. Gallagher & Co. | 50,662 | 2,885,201 |
Assurant, Inc. | 15,976 | 1,581,624 |
Axis Capital Holdings Ltd. | 23,790 | 1,648,647 |
Brown & Brown, Inc. | 31,662 | 1,364,632 |
Chubb Ltd. | 128,778 | 17,793,256 |
Cincinnati Financial Corp. | 41,000 | 2,991,360 |
CNA Financial Corp. | 7,928 | 339,953 |
FNF Group | 77,257 | 2,961,261 |
Lincoln National Corp. | 62,130 | 4,359,041 |
Loews Corp. | 77,115 | 3,622,863 |
Marsh & McLennan Cos., Inc. | 142,181 | 10,447,460 |
MetLife, Inc. | 304,171 | 15,950,727 |
Principal Financial Group, Inc. | 73,874 | 4,620,080 |
Prudential Financial, Inc. | 118,062 | 13,050,574 |
Reinsurance Group of America, Inc. | 18,571 | 2,415,344 |
The Allstate Corp. | 101,591 | 8,346,717 |
The Hartford Financial Services Group, Inc. | 105,423 | 5,154,130 |
The Progressive Corp. | 162,008 | 6,347,473 |
The Travelers Cos., Inc. | 78,863 | 9,640,213 |
Torchmark Corp. | 30,112 | 2,334,583 |
Unum Group | 62,984 | 3,075,509 |
XL Group Ltd. | 74,966 | 3,035,373 |
151,219,546 | ||
Materials 3.4% | ||
Air Products & Chemicals, Inc. | 60,168 | 8,451,799 |
Albemarle Corp. | 30,786 | 3,125,087 |
Ashland Global Holdings, Inc. | 17,411 | 2,100,811 |
Avery Dennison Corp. | 25,119 | 2,027,354 |
Celanese Corp., Series A | 39,324 | 3,506,521 |
CF Industries Holdings, Inc. | 64,533 | 2,027,627 |
E.I. du Pont de Nemours & Co. | 240,516 | 18,890,127 |
Eastman Chemical Co. | 40,395 | 3,241,699 |
Freeport-McMoRan, Inc. * | 365,140 | 4,892,876 |
Huntsman Corp. | 56,630 | 1,279,838 |
International Paper Co. | 112,755 | 5,942,188 |
Security | Number of Shares | Value ($) |
LyondellBasell Industries N.V., Class A | 91,557 | 8,353,661 |
Newmont Mining Corp. | 144,866 | 4,960,212 |
Nucor Corp. | 89,027 | 5,570,419 |
Reliance Steel & Aluminum Co. | 20,846 | 1,764,614 |
RPM International, Inc. | 37,094 | 1,976,739 |
Sealed Air Corp. | 54,110 | 2,515,033 |
Sonoco Products Co. | 28,210 | 1,504,157 |
Steel Dynamics, Inc. | 66,028 | 2,416,625 |
The Dow Chemical Co. | 310,230 | 19,314,920 |
The Mosaic Co. | 98,629 | 3,076,238 |
Westlake Chemical Corp. | 9,999 | 634,237 |
107,572,782 | ||
Media 1.8% | ||
CBS Corp., Class A | 2,638 | 176,535 |
CBS Corp., Class B Non-Voting Shares | 107,066 | 7,057,791 |
Liberty Broadband Corp., Class C * | 19,429 | 1,669,728 |
News Corp., Class A | 90,284 | 1,157,441 |
News Corp., Class B | 43,722 | 577,130 |
Omnicom Group, Inc. | 65,756 | 5,595,835 |
TEGNA, Inc. | 62,911 | 1,612,409 |
The Interpublic Group of Cos., Inc. | 111,937 | 2,697,682 |
Time Warner, Inc. | 212,286 | 20,848,608 |
Tribune Media Co., Class A | 18,582 | 641,451 |
Twenty-First Century Fox, Inc., Class A | 291,478 | 8,721,022 |
Twenty-First Century Fox, Inc., Class B | 132,708 | 3,894,980 |
Viacom, Inc., Class A | 1,293 | 58,896 |
Viacom, Inc., Class B | 97,458 | 4,234,550 |
58,944,058 | ||
Pharmaceuticals, Biotechnology & Life Sciences 8.9% | ||
AbbVie, Inc. | 450,211 | 27,841,048 |
Agilent Technologies, Inc. | 89,668 | 4,599,969 |
Bristol-Myers Squibb Co. | 462,255 | 26,214,481 |
Eli Lilly & Co. | 269,095 | 22,283,757 |
Johnson & Johnson | 752,152 | 91,920,496 |
Merck & Co., Inc. | 762,315 | 50,213,689 |
PerkinElmer, Inc. | 30,135 | 1,635,125 |
Pfizer, Inc. | 1,677,486 | 57,235,822 |
Quintiles IMS Holdings, Inc. * | 37,168 | 2,876,432 |
284,820,819 | ||
Real Estate 2.4% | ||
American Homes 4 Rent, Class A | 56,492 | 1,342,815 |
Apartment Investment & Management Co., Class A | 42,434 | 1,974,454 |
Brixmor Property Group, Inc. | 73,796 | 1,722,399 |
Camden Property Trust | 23,727 | 2,008,491 |
DDR Corp. | 90,094 | 1,302,759 |
Douglas Emmett, Inc. | 40,425 | 1,630,744 |
Duke Realty Corp. | 100,235 | 2,570,025 |
Equity Residential | 101,191 | 6,382,116 |
Forest City Realty Trust, Inc., Class A | 61,598 | 1,407,514 |
Forest City Realty Trust, Inc., Class B | 200 | 5,858 |
Gaming & Leisure Properties, Inc. | 49,054 | 1,569,728 |
GGP, Inc. | 162,974 | 4,051,534 |
HCP, Inc. | 127,547 | 4,182,266 |
Host Hotels & Resorts, Inc. | 201,805 | 3,630,472 |
Iron Mountain, Inc. | 67,205 | 2,442,902 |
Kimco Realty Corp. | 110,015 | 2,667,864 |
Lamar Advertising Co., Class A | 23,199 | 1,751,060 |
Liberty Property Trust | 41,106 | 1,621,221 |
National Retail Properties, Inc. | 40,308 | 1,823,534 |
Omega Healthcare Investors, Inc. | 50,535 | 1,649,462 |
Prologis, Inc. | 147,294 | 7,519,359 |
Security | Number of Shares | Value ($) |
Realty Income Corp. | 73,584 | 4,509,227 |
Regency Centers Corp. | 29,072 | 2,045,215 |
Senior Housing Properties Trust | 70,616 | 1,447,628 |
Spirit Realty Capital, Inc. | 135,936 | 1,493,937 |
UDR, Inc. | 76,898 | 2,806,777 |
VEREIT, Inc. | 275,771 | 2,501,243 |
Weingarten Realty Investors | 30,691 | 1,088,610 |
Weyerhaeuser Co. | 204,930 | 6,910,240 |
WP Carey, Inc. | 27,694 | 1,747,214 |
77,806,668 | ||
Retailing 0.9% | ||
Best Buy Co., Inc. | 74,850 | 3,303,131 |
Foot Locker, Inc. | 38,109 | 2,883,708 |
Genuine Parts Co. | 40,780 | 3,903,054 |
Kohl's Corp. | 48,807 | 2,080,154 |
Macy's, Inc. | 86,084 | 2,859,710 |
Nordstrom, Inc. | 31,802 | 1,483,881 |
Staples, Inc. | 180,589 | 1,623,495 |
Target Corp. | 153,741 | 9,035,359 |
The Gap, Inc. | 58,247 | 1,445,691 |
28,618,183 | ||
Semiconductors & Semiconductor Equipment 3.7% | ||
Advanced Micro Devices, Inc. * | 213,845 | 3,092,199 |
Analog Devices, Inc. | 86,394 | 7,078,261 |
Applied Materials, Inc. | 299,178 | 10,836,227 |
First Solar, Inc. *(a) | 21,479 | 777,325 |
Intel Corp. | 1,308,594 | 47,371,103 |
KLA-Tencor Corp. | 43,111 | 3,885,163 |
Linear Technology Corp. | 66,706 | 4,307,874 |
Marvell Technology Group Ltd. | 121,772 | 1,899,643 |
Maxim Integrated Products, Inc. | 77,314 | 3,425,010 |
Microchip Technology, Inc. | 60,875 | 4,414,655 |
Micron Technology, Inc. * | 287,251 | 6,733,164 |
Texas Instruments, Inc. | 274,307 | 21,017,402 |
Xilinx, Inc. | 72,198 | 4,246,686 |
119,084,712 | ||
Software & Services 8.0% | ||
Amdocs Ltd. | 41,702 | 2,529,226 |
Broadridge Financial Solutions, Inc. | 33,870 | 2,348,207 |
CA, Inc. | 87,349 | 2,818,752 |
Computer Sciences Corp. | 38,112 | 2,612,959 |
Conduent, Inc. * | 46,692 | 751,268 |
CSRA, Inc. | 37,774 | 1,126,421 |
International Business Machines Corp. | 239,492 | 43,065,451 |
Leidos Holdings, Inc. | 39,041 | 2,080,885 |
Microsoft Corp. | 2,150,592 | 137,594,876 |
Oracle Corp. | 829,089 | 35,310,901 |
Paychex, Inc. | 89,149 | 5,475,532 |
Symantec Corp. | 172,677 | 4,933,382 |
Teradata Corp. * | 37,783 | 1,175,051 |
The Western Union Co. | 133,173 | 2,615,518 |
Yahoo! Inc. * | 243,393 | 11,113,324 |
255,551,753 | ||
Technology Hardware & Equipment 3.5% | ||
Arrow Electronics, Inc. * | 24,506 | 1,769,333 |
Avnet, Inc. | 34,567 | 1,592,847 |
Cisco Systems, Inc. | 1,388,053 | 47,443,652 |
Corning, Inc. | 259,651 | 7,168,964 |
Harris Corp. | 33,842 | 3,719,236 |
Hewlett Packard Enterprise Co. | 460,725 | 10,513,745 |
Security | Number of Shares | Value ($) |
HP, Inc. | 469,741 | 8,159,401 |
Jabil Circuit, Inc. | 51,541 | 1,314,811 |
Keysight Technologies, Inc. * | 47,391 | 1,781,902 |
Motorola Solutions, Inc. | 46,838 | 3,698,797 |
National Instruments Corp. | 30,539 | 984,577 |
NCR Corp. * | 34,090 | 1,638,706 |
NetApp, Inc. | 75,704 | 3,166,698 |
Seagate Technology plc | 82,768 | 3,988,590 |
TE Connectivity Ltd. | 99,761 | 7,429,202 |
Western Digital Corp. | 78,552 | 6,039,078 |
Xerox Corp. | 236,142 | 1,756,896 |
112,166,435 | ||
Telecommunication Services 4.2% | ||
AT&T, Inc. | 1,699,141 | 71,007,102 |
CenturyLink, Inc. | 151,628 | 3,678,495 |
Frontier Communications Corp. (a) | 319,918 | 937,360 |
Sprint Corp. * | 177,352 | 1,562,471 |
Verizon Communications, Inc. | 1,128,334 | 55,999,217 |
Zayo Group Holdings, Inc. * | 23,921 | 753,990 |
133,938,635 | ||
Transportation 1.0% | ||
American Airlines Group, Inc. | 143,221 | 6,639,725 |
CSX Corp. | 257,911 | 12,524,158 |
Expeditors International of Washington, Inc. | 50,823 | 2,865,401 |
Norfolk Southern Corp. | 81,259 | 9,834,777 |
31,864,061 | ||
Utilities 6.0% | ||
AES Corp. | 184,173 | 2,121,673 |
Alliant Energy Corp. | 60,373 | 2,383,526 |
Ameren Corp. | 67,933 | 3,715,256 |
American Electric Power Co., Inc. | 133,283 | 8,925,963 |
American Water Works Co., Inc. | 50,100 | 3,907,800 |
Aqua America, Inc. | 52,779 | 1,675,206 |
Atmos Energy Corp. | 30,016 | 2,349,953 |
Avangrid, Inc. | 17,060 | 745,863 |
CenterPoint Energy, Inc. | 120,444 | 3,290,530 |
CMS Energy Corp. | 77,356 | 3,443,889 |
Consolidated Edison, Inc. | 85,386 | 6,578,137 |
Dominion Resources, Inc. | 173,541 | 13,473,723 |
DTE Energy Co. | 49,571 | 5,025,508 |
Duke Energy Corp. | 191,208 | 15,784,220 |
Edison International | 91,314 | 7,281,378 |
Entergy Corp. | 50,090 | 3,839,899 |
Eversource Energy | 88,732 | 5,205,019 |
Exelon Corp. | 256,270 | 9,407,672 |
FirstEnergy Corp. | 117,799 | 3,820,222 |
National Fuel Gas Co. | 22,750 | 1,371,825 |
NextEra Energy, Inc. | 129,384 | 16,949,304 |
NiSource, Inc. | 87,825 | 2,099,896 |
NRG Energy, Inc. | 84,645 | 1,401,721 |
OGE Energy Corp. | 55,494 | 2,043,844 |
PG&E Corp. | 140,532 | 9,380,511 |
Pinnacle West Capital Corp. | 30,428 | 2,500,877 |
PPL Corp. | 184,429 | 6,801,742 |
Public Service Enterprise Group, Inc. | 136,816 | 6,290,800 |
SCANA Corp. | 39,675 | 2,751,461 |
Sempra Energy | 69,487 | 7,663,721 |
The Southern Co. | 270,466 | 13,745,082 |
UGI Corp. | 48,893 | 2,358,109 |
WEC Energy Group, Inc. | 85,292 | 5,140,549 |
Security | Number of Shares | Value ($) |
Westar Energy, Inc. | 38,991 | 2,104,734 |
Xcel Energy, Inc. | 137,070 | 5,991,330 |
191,570,943 | ||
Total Common Stock | ||
(Cost $2,710,497,135) | 3,197,302,536 | |
Other Investment Companies 0.2% of net assets | ||
Money Market Fund 0.2% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 0.46% (b) | 5,804,788 | 5,804,788 |
Securities Lending Collateral 0.0% | ||
Wells Fargo Government Money Market Fund, Select Class 0.48% (b) | 1,480,250 | 1,480,250 |
Total Other Investment Companies | ||
(Cost $7,285,038) | 7,285,038 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $1,251,182. |
(b) | The rate shown is the 7-day yield. |
Number of Contracts | Contract Value ($) | Unrealized Appreciation ($) | ||||
Futures Contracts | ||||||
S&P 500 Index, e-mini, Long, expires 03/17/17 | 65 | 7,679,100 | 103,575 |
Holdings by Category | Cost ($) | Value ($) | |
99.7% | Common Stock | 2,739,097,634 | 3,185,488,186 |
1.0% | Other Investment Companies | 30,415,835 | 30,415,835 |
100.7% | Total Investments | 2,769,513,469 | 3,215,904,021 |
(0.7%) | Other Assets and Liabilities, Net | (21,710,849) | |
100.0% | Net Assets | 3,194,193,172 |
Security | Number of Shares | Value ($) |
Common Stock 99.7% of net assets | ||
Automobiles & Components 1.6% | ||
Adient plc * | 106,190 | 7,128,534 |
BorgWarner, Inc. | 230,609 | 9,729,394 |
Gentex Corp. | 326,396 | 6,864,108 |
Lear Corp. | 80,527 | 11,434,029 |
The Goodyear Tire & Rubber Co. | 303,185 | 10,626,634 |
Thor Industries, Inc. | 54,160 | 6,002,011 |
51,784,710 | ||
Banks 5.7% | ||
Associated Banc-Corp. | 170,943 | 4,401,782 |
Bank of the Ozarks, Inc. | 103,783 | 5,680,044 |
BankUnited, Inc. | 117,015 | 4,637,304 |
BOK Financial Corp. | 23,094 | 1,904,331 |
CIT Group, Inc. | 230,609 | 9,893,126 |
Comerica, Inc. | 197,589 | 14,084,144 |
Commerce Bancshares, Inc. | 98,876 | 5,835,661 |
Cullen/Frost Bankers, Inc. | 64,615 | 5,974,949 |
East West Bancorp, Inc. | 168,338 | 9,110,453 |
First Hawaiian, Inc. | 53,621 | 1,698,713 |
First Republic Bank | 174,490 | 16,372,397 |
Huntington Bancshares, Inc. | 1,238,347 | 17,510,227 |
Investors Bancorp, Inc. | 355,824 | 5,205,705 |
New York Community Bancorp, Inc. | 553,041 | 8,450,466 |
PacWest Bancorp | 139,154 | 7,667,385 |
People's United Financial, Inc. | 351,049 | 6,740,141 |
Popular, Inc. | 121,580 | 5,356,815 |
Prosperity Bancshares, Inc. | 78,524 | 5,853,179 |
Signature Bank * | 62,364 | 9,822,954 |
SVB Financial Group * | 60,666 | 11,580,533 |
Synovus Financial Corp. | 140,616 | 5,936,807 |
TFS Financial Corp. | 73,313 | 1,245,588 |
Western Alliance Bancorp * | 108,320 | 5,593,645 |
Zions Bancorp | 237,304 | 10,654,950 |
181,211,299 | ||
Capital Goods 10.6% | ||
A.O. Smith Corp. | 167,561 | 8,438,372 |
AECOM * | 178,802 | 6,499,453 |
AGCO Corp. | 77,599 | 4,727,331 |
Allegion plc | 111,473 | 8,091,825 |
Allison Transmission Holdings, Inc. | 186,305 | 6,703,254 |
B/E Aerospace, Inc. | 117,282 | 7,459,135 |
BWX Technologies, Inc. | 112,107 | 5,206,249 |
Security | Number of Shares | Value ($) |
Carlisle Cos., Inc. | 74,377 | 7,683,144 |
Chicago Bridge & Iron Co. N.V. | 111,383 | 3,739,127 |
Colfax Corp. * | 114,054 | 4,339,755 |
Crane Co. | 57,485 | 4,155,591 |
Curtiss-Wright Corp. | 51,255 | 5,014,277 |
Donaldson Co., Inc. | 153,962 | 6,612,668 |
EMCOR Group, Inc. | 70,511 | 4,335,016 |
Flowserve Corp. | 151,553 | 7,039,637 |
Fluor Corp. | 158,038 | 8,753,725 |
Fortune Brands Home & Security, Inc. | 177,414 | 10,259,852 |
Graco, Inc. | 62,839 | 5,703,268 |
HD Supply Holdings, Inc. * | 231,280 | 9,945,040 |
HEICO Corp. | 25,061 | 2,058,761 |
HEICO Corp., Class A | 39,191 | 2,780,601 |
Hexcel Corp. | 106,721 | 5,867,521 |
Hubbell, Inc. | 59,710 | 7,082,800 |
Huntington Ingalls Industries, Inc. | 52,379 | 11,444,811 |
IDEX Corp. | 87,544 | 8,070,681 |
ITT, Inc. | 104,356 | 4,275,465 |
Jacobs Engineering Group, Inc. | 136,555 | 7,703,068 |
Lennox International, Inc. | 44,240 | 7,282,789 |
Lincoln Electric Holdings, Inc. | 69,576 | 5,858,995 |
MSC Industrial Direct Co., Inc., Class A | 51,448 | 5,175,154 |
Nordson Corp. | 61,930 | 7,434,077 |
Orbital ATK, Inc. | 68,195 | 6,302,582 |
Oshkosh Corp. | 85,415 | 5,798,824 |
Owens Corning | 128,035 | 7,488,767 |
Quanta Services, Inc. * | 175,934 | 6,565,857 |
Regal Beloit Corp. | 51,970 | 3,869,166 |
Sensata Technologies Holding N.V. * | 198,962 | 8,167,390 |
Snap-on, Inc. | 67,300 | 11,418,791 |
Spirit AeroSystems Holdings, Inc., Class A | 139,858 | 8,616,651 |
Teledyne Technologies, Inc. * | 39,365 | 5,172,955 |
The Middleby Corp. * | 65,372 | 9,067,750 |
The Timken Co. | 81,863 | 3,618,345 |
The Toro Co. | 125,813 | 7,575,201 |
Trinity Industries, Inc. | 177,678 | 4,768,877 |
United Rentals, Inc. * | 95,895 | 12,277,437 |
USG Corp. * | 105,325 | 3,552,612 |
WABCO Holdings, Inc. * | 58,217 | 6,536,605 |
Wabtec Corp. | 101,217 | 8,109,506 |
Watsco, Inc. | 30,002 | 4,448,397 |
Woodward, Inc. | 63,742 | 4,490,624 |
Xylem, Inc. | 203,363 | 9,785,828 |
337,373,607 | ||
Commercial & Professional Services 1.7% | ||
Clean Harbors, Inc. * | 61,182 | 3,546,109 |
Copart, Inc. * | 117,311 | 6,937,772 |
KAR Auction Services, Inc. | 160,617 | 7,198,854 |
ManpowerGroup, Inc. | 75,680 | 7,343,987 |
Pitney Bowes, Inc. | 216,342 | 2,950,905 |
Robert Half International, Inc. | 145,682 | 7,027,700 |
Rollins, Inc. | 107,293 | 3,922,632 |
Stericycle, Inc. * | 99,164 | 8,218,712 |
Security | Number of Shares | Value ($) |
The Dun & Bradstreet Corp. | 42,186 | 4,452,310 |
TransUnion * | 120,174 | 4,457,254 |
56,056,235 | ||
Consumer Durables & Apparel 3.4% | ||
Brunswick Corp. | 101,359 | 6,070,391 |
CalAtlantic Group, Inc. | 84,098 | 2,971,182 |
Carter's, Inc. | 55,314 | 4,868,185 |
Columbia Sportswear Co. | 31,945 | 1,755,058 |
Garmin Ltd. | 134,982 | 6,966,421 |
Harman International Industries, Inc. | 80,869 | 9,026,598 |
Hasbro, Inc. | 129,672 | 12,561,327 |
Leggett & Platt, Inc. | 151,492 | 7,450,377 |
Lennar Corp., B Shares | 9,977 | 392,196 |
Lennar Corp., Class A | 226,144 | 11,033,566 |
Lululemon Athletica, Inc. * | 123,944 | 8,088,585 |
NVR, Inc. * | 3,886 | 7,519,293 |
Polaris Industries, Inc. (a) | 69,348 | 5,909,143 |
PulteGroup, Inc. | 337,607 | 7,444,234 |
Ralph Lauren Corp. | 64,613 | 5,125,749 |
Skechers U.S.A., Inc., Class A * | 155,446 | 3,990,299 |
Tempur Sealy International, Inc. *(a) | 58,438 | 2,699,251 |
Toll Brothers, Inc. * | 169,828 | 5,797,928 |
109,669,783 | ||
Consumer Services 3.3% | ||
Aramark | 282,309 | 10,089,724 |
Bright Horizons Family Solutions, Inc. * | 52,218 | 3,608,786 |
Brinker International, Inc. | 57,519 | 2,429,603 |
Cracker Barrel Old Country Store, Inc. (a) | 27,580 | 4,440,104 |
Darden Restaurants, Inc. | 141,735 | 10,584,770 |
Domino's Pizza, Inc. | 55,557 | 10,545,274 |
Dunkin' Brands Group, Inc. | 106,886 | 5,879,799 |
Extended Stay America, Inc. | 125,879 | 2,177,707 |
H&R Block, Inc. | 236,078 | 4,853,764 |
Panera Bread Co., Class A * | 24,528 | 5,661,062 |
Service Corp. International | 214,435 | 6,589,587 |
ServiceMaster Global Holdings, Inc. * | 154,935 | 6,171,061 |
Six Flags Entertainment Corp. | 100,325 | 6,080,698 |
Vail Resorts, Inc. | 45,205 | 8,190,242 |
Wyndham Worldwide Corp. | 122,593 | 10,204,641 |
Wynn Resorts Ltd. | 90,006 | 8,654,077 |
106,160,899 | ||
Diversified Financials 4.9% | ||
Affiliated Managers Group, Inc. | 62,234 | 10,450,956 |
AGNC Investment Corp. | 385,611 | 7,569,544 |
CBOE Holdings, Inc. | 104,686 | 8,170,742 |
Chimera Investment Corp. | 199,581 | 3,839,939 |
Credit Acceptance Corp. *(a) | 13,658 | 2,737,883 |
E*TRADE Financial Corp. * | 318,585 | 10,994,369 |
Eaton Vance Corp. | 128,118 | 5,974,142 |
FactSet Research Systems, Inc. | 45,291 | 8,057,269 |
Federated Investors, Inc., Class B | 109,925 | 2,986,662 |
Lazard Ltd., Class A | 151,221 | 6,511,576 |
Legg Mason, Inc. | 103,255 | 3,894,779 |
Leucadia National Corp. | 374,586 | 9,971,479 |
LPL Financial Holdings, Inc. | 89,182 | 3,526,256 |
MarketAxess Holdings, Inc. | 42,543 | 8,305,670 |
MFA Financial, Inc. | 433,655 | 3,477,913 |
Morningstar, Inc. | 20,703 | 1,661,002 |
MSCI, Inc. | 108,431 | 10,256,488 |
Navient Corp. | 348,683 | 5,373,205 |
OneMain Holdings, Inc. * | 56,048 | 1,570,465 |
Raymond James Financial, Inc. | 145,114 | 11,400,156 |
Security | Number of Shares | Value ($) |
Santander Consumer USA Holdings, Inc. * | 119,177 | 1,761,436 |
SEI Investments Co. | 155,029 | 7,805,710 |
Starwood Property Trust, Inc. | 294,287 | 6,727,401 |
Two Harbors Investment Corp. | 405,817 | 3,774,098 |
Voya Financial, Inc. | 222,584 | 9,177,138 |
155,976,278 | ||
Energy 5.3% | ||
Antero Resources Corp. * | 164,220 | 3,937,996 |
Chesapeake Energy Corp. * | 863,902 | 4,708,266 |
CONSOL Energy, Inc. * | 197,619 | 3,076,928 |
Core Laboratories N.V. | 50,943 | 5,828,898 |
Diamond Offshore Drilling, Inc. * | 71,611 | 1,205,929 |
Diamondback Energy, Inc. * | 101,826 | 10,270,170 |
Energen Corp. * | 113,067 | 5,936,017 |
Extraction Oil & Gas, Inc. * | 40,435 | 715,700 |
Gulfport Energy Corp. * | 177,695 | 3,081,231 |
Helmerich & Payne, Inc. | 125,700 | 8,594,109 |
HollyFrontier Corp. | 201,671 | 5,904,927 |
Murphy Oil Corp. | 188,892 | 5,343,755 |
Nabors Industries Ltd. | 319,968 | 4,684,332 |
Newfield Exploration Co. * | 227,072 | 8,279,045 |
Oceaneering International, Inc. | 111,154 | 3,147,881 |
ONEOK, Inc. | 240,052 | 12,974,811 |
Parsley Energy, Inc., Class A * | 255,030 | 7,750,362 |
QEP Resources, Inc. * | 276,695 | 3,807,323 |
Range Resources Corp. | 215,727 | 5,958,380 |
Rice Energy, Inc. * | 185,236 | 3,454,651 |
RSP Permian, Inc. * | 123,392 | 4,872,750 |
Southwestern Energy Co. * | 554,588 | 4,164,956 |
Targa Resources Corp. | 219,913 | 12,425,084 |
TechnipFMC plc * | 539,054 | 17,422,225 |
Transocean Ltd. * | 448,861 | 6,203,259 |
Weatherford International plc * | 1,118,357 | 6,329,901 |
World Fuel Services Corp. | 82,115 | 2,970,100 |
WPX Energy, Inc. * | 446,908 | 5,765,113 |
168,814,099 | ||
Food & Staples Retailing 0.6% | ||
Casey's General Stores, Inc. | 45,003 | 5,156,444 |
Rite Aid Corp. * | 1,224,041 | 7,344,246 |
Sprouts Farmers Market, Inc. * | 153,166 | 2,827,444 |
US Foods Holding Corp. * | 101,125 | 2,785,994 |
18,114,128 | ||
Food, Beverage & Tobacco 2.0% | ||
Blue Buffalo Pet Products, Inc. * | 111,257 | 2,719,121 |
Flowers Foods, Inc. | 211,850 | 4,080,231 |
Ingredion, Inc. | 83,947 | 10,148,353 |
Lamb Weston Holdings, Inc. | 153,726 | 6,024,522 |
Lancaster Colony Corp. | 22,011 | 2,901,050 |
Pilgrim's Pride Corp. | 68,931 | 1,404,814 |
Pinnacle Foods, Inc. | 136,743 | 7,812,127 |
Post Holdings, Inc. * | 74,845 | 6,127,560 |
Seaboard Corp. | 265 | 962,599 |
The Hain Celestial Group, Inc. * | 120,723 | 4,271,180 |
The WhiteWave Foods Co. * | 201,912 | 11,121,313 |
TreeHouse Foods, Inc. * | 64,613 | 5,497,274 |
63,070,144 | ||
Health Care Equipment & Services 4.8% | ||
ABIOMED, Inc. * | 46,086 | 5,436,765 |
Acadia Healthcare Co., Inc. * | 88,354 | 3,951,191 |
Alere, Inc. * | 100,950 | 3,866,385 |
Security | Number of Shares | Value ($) |
Align Technology, Inc. * | 86,759 | 8,915,355 |
athenahealth, Inc. * | 45,829 | 5,404,614 |
Brookdale Senior Living, Inc. * | 216,157 | 3,112,661 |
DexCom, Inc. * | 97,130 | 7,591,681 |
HealthSouth Corp. | 102,604 | 4,342,201 |
Hill-Rom Holdings, Inc. | 69,129 | 4,593,622 |
IDEXX Laboratories, Inc. * | 103,208 | 14,958,968 |
MEDNAX, Inc. * | 107,305 | 7,639,043 |
Molina Healthcare, Inc. * | 47,367 | 2,297,773 |
Patterson Cos., Inc. | 93,430 | 4,246,394 |
ResMed, Inc. | 161,023 | 11,598,487 |
STERIS plc | 96,134 | 6,741,877 |
Teleflex, Inc. | 50,194 | 9,596,089 |
The Cooper Cos., Inc. | 56,252 | 11,202,023 |
Varex Imaging Corp. * | 42,120 | 1,466,618 |
Varian Medical Systems, Inc. * | 105,711 | 8,868,096 |
VCA, Inc. * | 93,941 | 8,539,237 |
Veeva Systems, Inc., Class A * | 113,192 | 4,945,358 |
WellCare Health Plans, Inc. * | 50,870 | 7,182,844 |
West Pharmaceutical Services, Inc. | 84,954 | 7,006,156 |
153,503,438 | ||
Household & Personal Products 0.6% | ||
Edgewell Personal Care Co. * | 67,704 | 4,999,263 |
Energizer Holdings, Inc. | 72,159 | 3,958,643 |
Herbalife Ltd. *(a) | 79,471 | 4,489,317 |
Nu Skin Enterprises, Inc., Class A | 55,351 | 2,742,089 |
Spectrum Brands Holdings, Inc. | 28,624 | 3,884,849 |
20,074,161 | ||
Insurance 5.7% | ||
Alleghany Corp. * | 17,774 | 11,478,449 |
Allied World Assurance Co. Holdings AG | 97,494 | 5,149,633 |
American Financial Group, Inc. | 82,711 | 7,779,797 |
American National Insurance Co. | 8,844 | 1,062,164 |
AmTrust Financial Services, Inc. | 126,288 | 2,904,624 |
Arch Capital Group Ltd. * | 141,955 | 13,424,684 |
Arthur J. Gallagher & Co. | 203,278 | 11,576,682 |
Assurant, Inc. | 64,310 | 6,366,690 |
Assured Guaranty Ltd. | 146,308 | 6,014,722 |
Axis Capital Holdings Ltd. | 101,580 | 7,039,494 |
Brown & Brown, Inc. | 129,925 | 5,599,768 |
CNO Financial Group, Inc. | 204,976 | 4,286,048 |
Endurance Specialty Holdings Ltd. | 74,484 | 6,921,798 |
Erie Indemnity Co., Class A | 22,303 | 2,645,359 |
Everest Re Group Ltd. | 46,450 | 10,922,253 |
First American Financial Corp. | 126,043 | 4,924,500 |
FNF Group | 309,041 | 11,845,542 |
Old Republic International Corp. | 272,858 | 5,650,889 |
Reinsurance Group of America, Inc. | 73,765 | 9,593,876 |
RenaissanceRe Holdings Ltd. | 47,928 | 7,076,090 |
Torchmark Corp. | 128,413 | 9,955,860 |
Unum Group | 268,621 | 13,116,763 |
Validus Holdings Ltd. | 90,002 | 5,189,515 |
W.R. Berkley Corp. | 112,196 | 7,968,160 |
White Mountains Insurance Group Ltd. | 5,144 | 4,816,122 |
183,309,482 | ||
Materials 6.1% | ||
Albemarle Corp. | 129,834 | 13,179,449 |
Alcoa Corp. | 166,230 | 5,749,896 |
AptarGroup, Inc. | 73,076 | 5,444,893 |
Ashland Global Holdings, Inc. | 72,692 | 8,771,017 |
Avery Dennison Corp. | 104,069 | 8,399,409 |
Axalta Coating Systems Ltd. * | 244,526 | 7,118,152 |
Security | Number of Shares | Value ($) |
Bemis Co., Inc. | 108,800 | 5,393,216 |
Berry Plastics Group, Inc. * | 148,612 | 7,479,642 |
CF Industries Holdings, Inc. | 270,614 | 8,502,692 |
Crown Holdings, Inc. * | 160,674 | 8,610,520 |
Eagle Materials, Inc. | 56,096 | 5,817,716 |
FMC Corp. | 155,127 | 8,938,418 |
Graphic Packaging Holding Co. | 369,924 | 4,938,485 |
Huntsman Corp. | 222,433 | 5,026,986 |
International Flavors & Fragrances, Inc. | 90,428 | 11,366,800 |
NewMarket Corp. | 10,560 | 4,600,886 |
Owens-Illinois, Inc. * | 178,046 | 3,525,311 |
Packaging Corp. of America | 106,063 | 9,803,403 |
Reliance Steel & Aluminum Co. | 84,225 | 7,129,646 |
Royal Gold, Inc. | 75,750 | 5,003,287 |
RPM International, Inc. | 152,448 | 8,123,954 |
Silgan Holdings, Inc. | 40,804 | 2,432,734 |
Sonoco Products Co. | 115,060 | 6,134,999 |
Steel Dynamics, Inc. | 279,359 | 10,224,539 |
The Scotts Miracle-Gro Co., Class A | 51,022 | 4,624,124 |
The Valspar Corp. | 82,390 | 9,163,416 |
Valvoline, Inc. (a) | 27,407 | 614,465 |
W.R. Grace & Co. | 81,611 | 5,781,323 |
Westlake Chemical Corp. | 43,816 | 2,779,249 |
194,678,627 | ||
Media 2.3% | ||
AMC Networks, Inc., Class A * | 70,001 | 4,186,760 |
Cinemark Holdings, Inc. | 123,154 | 5,156,458 |
Liberty Broadband Corp., Class A * | 28,659 | 2,414,807 |
Liberty Broadband Corp., Class C * | 78,774 | 6,769,838 |
Liberty Global plc LiLAC, Class A * | 63,280 | 1,547,196 |
Liberty Global plc LiLAC, Class C * | 131,986 | 3,245,536 |
Lions Gate Entertainment Corp., Class A | 62,459 | 1,672,027 |
Lions Gate Entertainment Corp., Class B * | 120,672 | 3,014,387 |
Live Nation Entertainment, Inc. * | 151,363 | 4,300,223 |
News Corp., Class A | 437,239 | 5,605,404 |
News Corp., Class B | 132,295 | 1,746,294 |
Regal Entertainment Group, Class A | 121,718 | 2,626,674 |
Scripps Networks Interactive, Inc., Class A | 110,655 | 8,937,604 |
TEGNA, Inc. | 243,340 | 6,236,804 |
The Interpublic Group of Cos., Inc. | 457,788 | 11,032,691 |
The Madison Square Garden Co., Class A * | 17,130 | 3,072,437 |
Tribune Media Co., Class A | 83,681 | 2,888,668 |
74,453,808 | ||
Pharmaceuticals, Biotechnology & Life Sciences 4.3% | ||
ACADIA Pharmaceuticals, Inc. * | 107,141 | 4,083,143 |
Akorn, Inc. * | 100,969 | 2,101,165 |
Alkermes plc * | 175,423 | 9,911,399 |
Alnylam Pharmaceuticals, Inc. * | 82,630 | 4,267,013 |
AquaBounty Technologies, Inc. *(a) | 1,064 | 15,130 |
Bio-Rad Laboratories, Inc., Class A * | 23,874 | 4,646,835 |
Bio-Techne Corp. | 43,533 | 4,628,429 |
Bruker Corp. | 117,505 | 2,837,746 |
Charles River Laboratories International, Inc. * | 56,153 | 4,883,626 |
Endo International plc * | 228,251 | 3,115,626 |
Horizon Pharma plc * | 188,078 | 3,018,652 |
Intercept Pharmaceuticals, Inc. * | 20,429 | 2,606,536 |
Intrexon Corp. *(a) | 74,639 | 1,661,464 |
Ionis Pharmaceuticals, Inc. * | 137,302 | 6,833,521 |
Jazz Pharmaceuticals plc * | 67,480 | 8,949,198 |
Juno Therapeutics, Inc. *(a) | 86,746 | 2,085,374 |
Mettler-Toledo International, Inc. * | 30,126 | 14,346,604 |
Neurocrine Biosciences, Inc. * | 99,380 | 4,388,621 |
Security | Number of Shares | Value ($) |
OPKO Health, Inc. *(a) | 414,084 | 3,474,165 |
PAREXEL International Corp. * | 61,055 | 3,949,648 |
PerkinElmer, Inc. | 127,664 | 6,927,049 |
Quintiles IMS Holdings, Inc. * | 155,060 | 12,000,093 |
Seattle Genetics, Inc. * | 110,595 | 7,260,562 |
TESARO, Inc. * | 39,293 | 7,401,622 |
Ultragenyx Pharmaceutical, Inc. * | 42,437 | 3,610,540 |
United Therapeutics Corp. * | 47,814 | 7,063,084 |
VWR Corp. * | 94,828 | 2,664,667 |
138,731,512 | ||
Real Estate 10.9% | ||
Alexandria Real Estate Equities, Inc. | 100,896 | 12,037,902 |
American Campus Communities, Inc. | 149,988 | 7,664,387 |
American Homes 4 Rent, Class A | 244,134 | 5,803,065 |
Apartment Investment & Management Co., Class A | 178,550 | 8,307,931 |
Brixmor Property Group, Inc. | 300,485 | 7,013,320 |
Camden Property Trust | 99,619 | 8,432,748 |
CubeSmart | 209,581 | 5,711,082 |
CyrusOne, Inc. | 84,098 | 4,280,588 |
DCT Industrial Trust, Inc. | 102,604 | 4,908,575 |
DDR Corp. | 352,806 | 5,101,575 |
Douglas Emmett, Inc. | 166,152 | 6,702,572 |
Duke Realty Corp. | 403,826 | 10,354,099 |
EPR Properties | 72,687 | 5,593,992 |
Equity Commonwealth * | 146,968 | 4,594,220 |
Equity LifeStyle Properties, Inc. | 90,459 | 7,202,346 |
Equity One, Inc. | 104,783 | 3,317,430 |
Extra Space Storage, Inc. | 145,865 | 11,551,049 |
Forest City Realty Trust, Inc., Class A | 247,439 | 5,653,981 |
Forest City Realty Trust, Inc., Class B | 10,122 | 296,473 |
Gaming & Leisure Properties, Inc. | 224,674 | 7,189,568 |
Gramercy Property Trust | 159,485 | 4,459,201 |
Healthcare Realty Trust, Inc. | 130,184 | 4,160,681 |
Healthcare Trust of America, Inc., Class A | 157,943 | 5,081,026 |
Highwoods Properties, Inc. | 113,599 | 5,962,812 |
Hospitality Properties Trust | 191,867 | 6,097,533 |
Hudson Pacific Properties, Inc. | 170,482 | 6,236,232 |
Iron Mountain, Inc. | 283,690 | 10,312,131 |
Jones Lang LaSalle, Inc. | 50,955 | 5,844,539 |
Kilroy Realty Corp. | 112,036 | 8,643,577 |
Lamar Advertising Co., Class A | 93,745 | 7,075,873 |
Liberty Property Trust | 171,334 | 6,757,413 |
Life Storage, Inc. | 53,484 | 4,740,287 |
Medical Properties Trust, Inc. | 373,307 | 5,009,780 |
Mid-America Apartment Communities, Inc. | 131,505 | 13,509,509 |
National Retail Properties, Inc. | 168,302 | 7,613,982 |
Omega Healthcare Investors, Inc. | 220,303 | 7,190,690 |
Outfront Media, Inc. | 161,617 | 4,193,961 |
Paramount Group, Inc. | 203,770 | 3,551,711 |
Rayonier, Inc. | 144,074 | 4,126,279 |
Realogy Holdings Corp. | 158,390 | 4,387,403 |
Regency Centers Corp. | 120,813 | 8,499,195 |
Retail Properties of America, Inc., Class A | 273,039 | 4,207,531 |
RLJ Lodging Trust | 145,630 | 3,314,539 |
Senior Housing Properties Trust | 268,783 | 5,510,052 |
Spirit Realty Capital, Inc. | 549,960 | 6,044,060 |
STORE Capital Corp. | 181,424 | 4,519,272 |
Sun Communities, Inc. | 77,049 | 6,381,969 |
Tanger Factory Outlet Centers, Inc. | 112,199 | 3,800,180 |
Taubman Centers, Inc. | 70,561 | 4,922,335 |
The Howard Hughes Corp. * | 41,881 | 4,873,692 |
UDR, Inc. | 304,351 | 11,108,811 |
Uniti Group, Inc. | 158,369 | 4,587,950 |
VEREIT, Inc. | 1,108,219 | 10,051,546 |
Security | Number of Shares | Value ($) |
Weingarten Realty Investors | 137,034 | 4,860,596 |
WP Carey, Inc. | 121,550 | 7,668,589 |
347,021,840 | ||
Retailing 3.2% | ||
AutoNation, Inc. * | 73,695 | 3,382,600 |
Bed Bath & Beyond, Inc. | 176,449 | 7,128,540 |
Burlington Stores, Inc. * | 79,559 | 7,081,547 |
Cabela's, Inc. * | 60,286 | 2,823,796 |
Dick's Sporting Goods, Inc. | 101,667 | 4,976,600 |
Foot Locker, Inc. | 153,827 | 11,640,089 |
GameStop Corp., Class A | 121,383 | 2,966,600 |
Groupon, Inc. * | 470,722 | 1,991,154 |
J.C. Penney Co., Inc. *(a) | 359,749 | 2,280,809 |
Kohl's Corp. | 200,639 | 8,551,234 |
Liberty Ventures, Series A * | 90,817 | 3,983,234 |
LKQ Corp. * | 351,937 | 11,114,170 |
Penske Automotive Group, Inc. | 43,936 | 2,209,981 |
Pool Corp. | 47,265 | 5,421,768 |
Sally Beauty Holdings, Inc. * | 161,619 | 3,534,608 |
Signet Jewelers Ltd. | 79,856 | 5,078,043 |
Staples, Inc. | 754,137 | 6,779,692 |
The Michaels Cos., Inc. * | 133,926 | 2,690,573 |
Urban Outfitters, Inc. * | 103,767 | 2,701,055 |
Williams-Sonoma, Inc. | 91,943 | 4,467,510 |
100,803,603 | ||
Semiconductors & Semiconductor Equipment 2.4% | ||
Advanced Micro Devices, Inc. * | 873,243 | 12,627,094 |
Cavium, Inc. * | 74,845 | 4,903,096 |
First Solar, Inc. * | 89,308 | 3,232,057 |
KLA-Tencor Corp. | 180,961 | 16,308,205 |
Marvell Technology Group Ltd. | 518,534 | 8,089,130 |
Microsemi Corp. * | 130,184 | 6,746,135 |
ON Semiconductor Corp. * | 472,071 | 7,142,434 |
Qorvo, Inc. * | 149,039 | 9,851,478 |
Teradyne, Inc. | 228,056 | 6,485,913 |
75,385,542 | ||
Software & Services 8.8% | ||
Amdocs Ltd. | 174,293 | 10,570,870 |
ANSYS, Inc. * | 99,643 | 10,637,887 |
Aspen Technology, Inc. * | 88,445 | 5,142,192 |
Black Knight Financial Services, Inc., Class A * | 27,165 | 1,045,852 |
Booz Allen Hamilton Holding Corp. | 171,585 | 6,137,595 |
Broadridge Financial Solutions, Inc. | 136,771 | 9,482,333 |
Cadence Design Systems, Inc. * | 327,897 | 10,132,017 |
CDK Global, Inc. | 170,161 | 11,303,795 |
Computer Sciences Corp. | 164,644 | 11,287,993 |
CoStar Group, Inc. * | 37,902 | 7,700,928 |
CSRA, Inc. | 168,834 | 5,034,630 |
DST Systems, Inc. | 37,200 | 4,449,120 |
Euronet Worldwide, Inc. * | 58,697 | 4,858,938 |
Fair Isaac Corp. | 35,654 | 4,637,516 |
FireEye, Inc. * | 169,044 | 1,903,435 |
Fortinet, Inc. * | 171,283 | 6,397,420 |
Gartner, Inc. * | 95,241 | 9,829,824 |
Genpact Ltd. * | 162,286 | 3,933,813 |
GoDaddy, Inc., Class A * | 54,285 | 2,000,402 |
Guidewire Software, Inc. * | 81,740 | 4,466,274 |
IAC/InterActiveCorp * | 85,838 | 6,346,862 |
Jack Henry & Associates, Inc. | 88,639 | 8,311,679 |
Leidos Holdings, Inc. | 165,017 | 8,795,406 |
Manhattan Associates, Inc. * | 83,724 | 4,198,759 |
Security | Number of Shares | Value ($) |
MAXIMUS, Inc. | 76,440 | 4,561,175 |
Nuance Communications, Inc. * | 295,420 | 5,031,002 |
Pandora Media, Inc. *(a) | 265,378 | 3,285,380 |
PTC, Inc. * | 134,302 | 7,237,535 |
Sabre Corp. | 239,644 | 5,250,600 |
Splunk, Inc. * | 151,641 | 9,360,799 |
SS&C Technologies Holdings, Inc. | 193,292 | 6,769,086 |
Synopsys, Inc. * | 171,661 | 12,263,462 |
Syntel, Inc. | 32,740 | 579,171 |
Tableau Software, Inc., Class A * | 64,135 | 3,382,480 |
Take-Two Interactive Software, Inc. * | 113,996 | 6,495,492 |
Teradata Corp. * | 145,922 | 4,538,174 |
The Ultimate Software Group, Inc. * | 33,244 | 6,429,057 |
Total System Services, Inc. | 191,367 | 10,425,674 |
Tyler Technologies, Inc. * | 38,449 | 5,830,791 |
Vantiv, Inc., Class A * | 177,408 | 11,598,935 |
VeriSign, Inc. * | 103,181 | 8,509,337 |
WEX, Inc. * | 44,825 | 4,985,885 |
Zillow Group, Inc., Class A * | 49,927 | 1,679,045 |
Zillow Group, Inc., Class C * | 118,098 | 4,008,246 |
280,826,866 | ||
Technology Hardware & Equipment 3.8% | ||
Acacia Communications, Inc. *(a) | 15,411 | 800,601 |
Arista Networks, Inc. * | 47,653 | 5,670,230 |
ARRIS International plc * | 218,998 | 5,650,148 |
Arrow Electronics, Inc. * | 105,218 | 7,596,740 |
Avnet, Inc. | 146,896 | 6,768,968 |
Brocade Communications Systems, Inc. | 466,167 | 5,738,516 |
CDW Corp. | 182,910 | 10,773,399 |
Cognex Corp. | 100,954 | 7,754,277 |
CommScope Holding Co., Inc. * | 219,041 | 8,334,510 |
Dolby Laboratories, Inc., Class A | 65,116 | 3,183,521 |
FLIR Systems, Inc. | 153,770 | 5,644,897 |
IPG Photonics Corp. * | 43,303 | 5,122,745 |
Jabil Circuit, Inc. | 206,662 | 5,271,948 |
Keysight Technologies, Inc. * | 195,211 | 7,339,934 |
National Instruments Corp. | 120,783 | 3,894,044 |
NCR Corp. * | 139,650 | 6,712,975 |
SYNNEX Corp. | 33,296 | 3,892,968 |
Trimble, Inc. * | 286,526 | 8,890,902 |
Ubiquiti Networks, Inc. * | 28,759 | 1,413,217 |
ViaSat, Inc. * | 57,606 | 3,965,597 |
Zebra Technologies Corp., Class A * | 61,326 | 5,562,881 |
119,983,018 | ||
Telecommunication Services 0.3% | ||
Frontier Communications Corp. (a) | 1,320,823 | 3,870,011 |
Telephone & Data Systems, Inc. | 108,545 | 2,933,971 |
Zayo Group Holdings, Inc. * | 111,357 | 3,509,973 |
10,313,955 | ||
Transportation 2.7% | ||
Alaska Air Group, Inc. | 141,473 | 13,838,889 |
AMERCO | 6,277 | 2,424,805 |
Avis Budget Group, Inc. * | 99,664 | 3,446,381 |
Expeditors International of Washington, Inc. | 205,435 | 11,582,425 |
Genesee & Wyoming, Inc., Class A * | 70,096 | 5,196,918 |
Hertz Global Holdings, Inc. * | 76,525 | 1,738,648 |
J.B. Hunt Transport Services, Inc. | 100,451 | 9,861,275 |
JetBlue Airways Corp. * | 377,036 | 7,525,639 |
Kirby Corp. * | 62,690 | 4,338,148 |
Landstar System, Inc. | 48,881 | 4,242,871 |
Macquarie Infrastructure Corp. | 86,662 | 6,667,774 |
Security | Number of Shares | Value ($) |
Old Dominion Freight Line, Inc. * | 79,257 | 7,272,622 |
Ryder System, Inc. | 62,259 | 4,741,023 |
XPO Logistics, Inc. * | 92,172 | 4,699,850 |
87,577,268 | ||
Utilities 4.7% | ||
AES Corp. | 761,055 | 8,767,354 |
Alliant Energy Corp. | 262,480 | 10,362,710 |
Aqua America, Inc. | 207,343 | 6,581,067 |
Atmos Energy Corp. | 121,544 | 9,515,680 |
Calpine Corp. * | 413,672 | 4,844,099 |
CenterPoint Energy, Inc. | 494,398 | 13,506,953 |
Great Plains Energy, Inc. | 245,650 | 7,138,589 |
IDACORP, Inc. | 58,431 | 4,845,683 |
MDU Resources Group, Inc. | 220,919 | 5,989,114 |
National Fuel Gas Co. | 99,066 | 5,973,680 |
NiSource, Inc. | 366,508 | 8,763,206 |
NRG Energy, Inc. | 355,035 | 5,879,380 |
OGE Energy Corp. | 230,327 | 8,482,943 |
Pinnacle West Capital Corp. | 127,366 | 10,468,211 |
Portland General Electric Co. | 100,246 | 4,544,151 |
SCANA Corp. | 164,619 | 11,416,328 |
UGI Corp. | 194,929 | 9,401,426 |
Vectren Corp. | 96,650 | 5,446,227 |
Westar Energy, Inc. | 160,561 | 8,667,083 |
150,593,884 | ||
Total Common Stock | ||
(Cost $2,739,097,634) | 3,185,488,186 | |
Other Investment Companies 1.0% of net assets | ||
Money Market Fund 0.1% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 0.46% (b) | 2,830,964 | 2,830,964 |
Securities Lending Collateral 0.9% | ||
Wells Fargo Government Money Market Fund, Select Class 0.48% (b) | 27,584,871 | 27,584,871 |
Total Other Investment Companies | ||
(Cost $30,415,835) | 30,415,835 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $26,043,777. |
(b) | The rate shown is the 7-day yield. |
Number of Contracts | Contract Value ($) | Unrealized Appreciation ($) | ||||
Futures Contracts | ||||||
S&P 500 Index, e-mini, Long, expires 03/17/17 | 72 | 8,506,080 | 99,143 |
Holdings by Category | Cost ($) | Value ($) | |
99.6% | Common Stock | 4,482,108,778 | 5,195,030,052 |
0.0% | Rights | 215,274 | 270,394 |
2.0% | Other Investment Companies | 102,535,681 | 102,535,681 |
101.6% | Total Investments | 4,584,859,733 | 5,297,836,127 |
(1.6%) | Other Assets and Liabilities, Net | (83,919,610) | |
100.0% | Net Assets | 5,213,916,517 |
Security | Number of Shares | Value ($) |
Common Stock 99.6% of net assets | ||
Automobiles & Components 1.5% | ||
American Axle & Manufacturing Holdings, Inc. * | 142,817 | 2,830,633 |
Cooper Tire & Rubber Co. | 103,326 | 4,179,537 |
Cooper-Standard Holding, Inc. * | 34,656 | 3,881,472 |
Dana, Inc. | 288,701 | 5,453,562 |
Dorman Products, Inc. * | 59,542 | 4,653,803 |
Fox Factory Holding Corp. * | 59,788 | 1,602,318 |
Gentex Corp. | 557,098 | 11,715,771 |
Gentherm, Inc. * | 70,987 | 2,573,279 |
Horizon Global Corp. * | 36,701 | 670,894 |
LCI Industries | 50,055 | 5,390,923 |
Metaldyne Performance Group, Inc. | 32,609 | 759,790 |
Modine Manufacturing Co. * | 95,102 | 1,079,408 |
Motorcar Parts of America, Inc. * | 38,690 | 1,097,635 |
Standard Motor Products, Inc. | 39,146 | 1,877,834 |
Stoneridge, Inc. * | 55,633 | 939,641 |
Superior Industries International, Inc. | 48,165 | 1,078,896 |
Tenneco, Inc. * | 110,656 | 7,116,287 |
Thor Industries, Inc. | 94,367 | 10,457,751 |
Tower International, Inc. | 46,451 | 1,284,370 |
Visteon Corp. * | 66,282 | 6,142,353 |
Winnebago Industries, Inc. | 51,817 | 1,709,961 |
76,496,118 | ||
Banks 11.1% | ||
1st Source Corp. | 32,122 | 1,500,419 |
Ameris Bancorp | 67,764 | 3,273,001 |
Arrow Financial Corp. | 28,365 | 989,939 |
Associated Banc-Corp. | 287,468 | 7,402,301 |
Astoria Financial Corp. | 187,542 | 3,467,652 |
Banc of California, Inc. (a) | 98,289 | 1,911,721 |
BancFirst Corp. | 15,957 | 1,521,500 |
BancorpSouth, Inc. | 175,115 | 5,428,565 |
Bank Mutual Corp. | 82,506 | 800,308 |
Bank of Hawaii Corp. | 85,169 | 7,193,374 |
Bank of the Ozarks, Inc. | 183,113 | 10,021,774 |
BankUnited, Inc. | 205,443 | 8,141,706 |
Banner Corp. | 50,396 | 2,929,016 |
Beneficial Bancorp, Inc. | 147,640 | 2,406,532 |
Berkshire Hills Bancorp, Inc. | 58,667 | 2,073,878 |
BNC Bancorp | 91,194 | 3,278,424 |
Bofl Holding, Inc. * | 117,612 | 3,709,482 |
Boston Private Financial Holdings, Inc. | 159,039 | 2,735,471 |
Security | Number of Shares | Value ($) |
Bridge Bancorp, Inc. | 36,318 | 1,294,737 |
Brookline Bancorp, Inc. | 127,480 | 2,020,558 |
Bryn Mawr Bank Corp. | 30,910 | 1,268,856 |
Camden National Corp. | 30,325 | 1,287,599 |
Capital Bank Financial Corp., Class A | 52,791 | 2,153,873 |
Capitol Federal Financial, Inc. | 247,511 | 3,734,941 |
Cardinal Financial Corp. | 66,022 | 2,062,527 |
Cascade Bancorp * | 65,406 | 539,600 |
Cathay General Bancorp | 147,769 | 5,804,366 |
CenterState Banks, Inc. | 96,873 | 2,393,732 |
Central Pacific Financial Corp. | 63,816 | 2,015,309 |
Chemical Financial Corp. | 138,160 | 7,359,783 |
City Holding Co. | 28,595 | 1,872,972 |
Clifton Bancorp, Inc. | 42,972 | 690,560 |
CoBiz Financial, Inc. | 69,674 | 1,187,942 |
Columbia Banking System, Inc. | 112,508 | 4,487,944 |
Commerce Bancshares, Inc. | 173,948 | 10,266,411 |
Community Bank System, Inc. | 85,036 | 5,051,989 |
Community Trust Bancorp, Inc. | 35,961 | 1,650,610 |
ConnectOne Bancorp, Inc. | 53,672 | 1,347,167 |
Customers Bancorp, Inc. * | 60,647 | 2,082,012 |
CVB Financial Corp. | 190,798 | 4,531,452 |
Dime Community Bancshares, Inc. | 60,001 | 1,290,021 |
Eagle Bancorp, Inc. * | 57,115 | 3,555,409 |
Enterprise Financial Services Corp. | 43,070 | 1,892,926 |
Essent Group Ltd. * | 144,178 | 5,018,836 |
EverBank Financial Corp. | 218,656 | 4,250,673 |
F.N.B. Corp. | 411,137 | 6,401,403 |
FB Financial Corp. *(a) | 10,474 | 332,550 |
FCB Financial Holdings, Inc., Class A * | 72,080 | 3,503,088 |
Federal Agricultural Mortgage Corp., Class C | 17,542 | 1,010,068 |
Financial Institutions, Inc. | 27,589 | 943,544 |
First Bancorp (North Carolina) | 38,757 | 1,164,648 |
First BanCorp (Puerto Rico) * | 315,797 | 2,014,785 |
First Busey Corp. | 68,155 | 2,107,353 |
First Citizens BancShares, Inc., Class A | 17,319 | 6,170,587 |
First Commonwealth Financial Corp. | 184,121 | 2,564,806 |
First Community Bancshares, Inc. | 30,280 | 818,166 |
First Financial Bancorp | 122,265 | 3,392,854 |
First Financial Bankshares, Inc. | 128,167 | 5,639,348 |
First Financial Corp. | 24,107 | 1,119,770 |
First Hawaiian, Inc. | 96,043 | 3,042,642 |
First Horizon National Corp. | 459,444 | 9,161,313 |
First Interstate BancSystem, Inc., Class A | 36,709 | 1,609,690 |
First Merchants Corp. | 76,478 | 3,068,297 |
First Midwest Bancorp, Inc. | 160,017 | 3,909,215 |
First NBC Bank Holding Co. *(a) | 43,915 | 195,422 |
Flagstar Bancorp, Inc. * | 42,321 | 1,201,916 |
Flushing Financial Corp. | 53,815 | 1,503,591 |
Fulton Financial Corp. | 347,850 | 6,652,631 |
German American Bancorp, Inc. | 30,985 | 1,470,238 |
Glacier Bancorp, Inc. | 144,485 | 5,334,386 |
Great Southern Bancorp, Inc. | 19,860 | 993,993 |
Great Western Bancorp, Inc. | 120,849 | 5,165,086 |
Hancock Holding Co. | 162,969 | 7,732,879 |
Hanmi Financial Corp. | 68,196 | 2,277,746 |
Heartland Financial USA, Inc. | 40,023 | 1,983,140 |
Heritage Financial Corp. | 49,660 | 1,241,500 |
Security | Number of Shares | Value ($) |
Hilltop Holdings, Inc. | 153,984 | 4,370,066 |
Home BancShares, Inc. | 234,782 | 6,606,765 |
HomeStreet, Inc. * | 48,782 | 1,331,749 |
HomeTrust Bancshares, Inc. * | 33,770 | 810,480 |
Hope Bancorp, Inc. | 254,975 | 5,456,465 |
IBERIABANK Corp. | 87,038 | 7,376,470 |
Independent Bank Corp. | 54,801 | 3,562,065 |
Independent Bank Group, Inc. | 23,827 | 1,508,249 |
International Bancshares Corp. | 110,468 | 4,203,307 |
Investors Bancorp, Inc. | 617,417 | 9,032,811 |
Kearny Financial Corp. | 173,831 | 2,668,306 |
Lakeland Bancorp, Inc. | 67,025 | 1,320,392 |
Lakeland Financial Corp. | 51,149 | 2,321,653 |
LegacyTexas Financial Group, Inc. | 81,689 | 3,479,135 |
LendingTree, Inc. * | 14,854 | 1,758,714 |
Live Oak Bancshares, Inc. | 51,360 | 1,178,712 |
MainSource Financial Group, Inc. | 48,427 | 1,658,625 |
MB Financial, Inc. | 145,177 | 6,535,869 |
Meridian Bancorp, Inc. | 96,127 | 1,831,219 |
Meta Financial Group, Inc. | 20,188 | 1,728,093 |
MGIC Investment Corp. * | 670,306 | 7,138,759 |
National Bank Holdings Corp., Class A | 51,298 | 1,692,321 |
Nationstar Mortgage Holdings, Inc. * | 63,268 | 1,148,947 |
NBT Bancorp, Inc. | 93,129 | 3,760,549 |
Nicolet Bankshares, Inc. * | 10,724 | 522,688 |
NMI Holdings, Inc., Class A * | 97,310 | 1,080,141 |
Northfield Bancorp, Inc. | 92,762 | 1,740,215 |
Northwest Bancshares, Inc. | 204,969 | 3,718,138 |
OceanFirst Financial Corp. | 50,004 | 1,459,617 |
Ocwen Financial Corp. * | 204,776 | 903,062 |
OFG Bancorp | 88,008 | 1,135,303 |
Old National Bancorp | 269,734 | 4,949,619 |
Opus Bank | 36,854 | 796,046 |
Oritani Financial Corp. | 76,141 | 1,309,625 |
Pacific Premier Bancorp, Inc. * | 53,304 | 2,132,160 |
PacWest Bancorp | 236,766 | 13,045,807 |
Park National Corp. | 25,847 | 2,777,260 |
Park Sterling Corp. | 88,389 | 1,048,294 |
Peoples Financial Services Corp. (a) | 9,114 | 378,960 |
PHH Corp. * | 114,131 | 1,440,333 |
Pinnacle Financial Partners, Inc. | 90,443 | 6,276,744 |
Popular, Inc. | 203,044 | 8,946,119 |
Preferred Bank | 24,830 | 1,393,956 |
PrivateBancorp, Inc. | 157,107 | 8,892,256 |
Prosperity Bancshares, Inc. | 139,422 | 10,392,516 |
Provident Financial Services, Inc. | 121,419 | 3,223,674 |
Radian Group, Inc. | 424,663 | 7,902,978 |
Renasant Corp. | 84,144 | 3,453,270 |
Republic Bancorp, Inc., Class A | 12,053 | 416,793 |
S&T Bancorp, Inc. | 63,704 | 2,267,225 |
Sandy Spring Bancorp, Inc. | 50,721 | 2,184,046 |
Seacoast Banking Corp. of Florida * | 78,941 | 1,833,799 |
ServisFirst Bancshares, Inc. | 86,584 | 3,599,297 |
Simmons First National Corp., Class A | 59,756 | 3,435,970 |
South State Corp. | 49,587 | 4,438,036 |
Southside Bancshares, Inc. | 50,621 | 1,783,378 |
Southwest Bancorp, Inc. | 40,538 | 1,080,338 |
State Bank Financial Corp. | 69,246 | 1,878,644 |
Sterling Bancorp | 255,936 | 6,334,416 |
Stock Yards Bancorp, Inc. | 42,962 | 1,898,920 |
Sun Bancorp, Inc. | 19,485 | 503,687 |
Synovus Financial Corp. | 240,913 | 10,171,347 |
TCF Financial Corp. | 342,880 | 5,966,112 |
Texas Capital Bancshares, Inc. * | 97,317 | 8,675,811 |
The Bancorp, Inc. * | 131,232 | 679,782 |
The First of Long Island Corp. | 37,660 | 1,035,650 |
Tompkins Financial Corp. | 25,231 | 2,263,725 |
Towne Bank | 112,549 | 3,663,470 |
Security | Number of Shares | Value ($) |
TriCo Bancshares | 38,743 | 1,407,533 |
TrustCo Bank Corp. | 198,080 | 1,653,968 |
Trustmark Corp. | 132,314 | 4,371,655 |
UMB Financial Corp. | 85,870 | 6,768,273 |
Umpqua Holdings Corp. | 431,839 | 8,122,892 |
Union Bankshares Corp. | 90,059 | 3,265,539 |
United Bankshares, Inc. | 158,582 | 7,096,544 |
United Community Banks, Inc. | 137,574 | 3,974,513 |
United Financial Bancorp, Inc. | 100,059 | 1,787,054 |
Univest Corp. of Pennsylvania | 56,983 | 1,586,977 |
Valley National Bancorp | 502,689 | 6,218,263 |
Walker & Dunlop, Inc. * | 55,529 | 2,257,254 |
Washington Federal, Inc. | 176,715 | 5,981,803 |
Washington Trust Bancorp, Inc. | 29,602 | 1,604,428 |
Waterstone Financial, Inc. | 54,781 | 1,016,188 |
Webster Financial Corp. | 181,253 | 9,956,227 |
WesBanco, Inc. | 81,648 | 3,295,313 |
Westamerica Bancorp | 53,030 | 3,067,785 |
Western Alliance Bancorp * | 188,214 | 9,719,371 |
Wintrust Financial Corp. | 102,350 | 7,543,195 |
WSFS Financial Corp. | 56,318 | 2,568,101 |
Xenith Bankshares, Inc. * | 14,939 | 397,826 |
Yadkin Financial Corp. | 99,842 | 3,350,698 |
576,144,871 | ||
Capital Goods 9.8% | ||
AAON, Inc. | 77,826 | 2,618,845 |
AAR Corp. | 64,513 | 2,220,537 |
Actuant Corp., Class A | 111,646 | 2,964,201 |
Advanced Drainage Systems, Inc. | 76,507 | 1,686,979 |
AECOM * | 302,837 | 11,008,125 |
Aegion Corp. * | 74,882 | 1,704,314 |
Aerojet Rocketdyne Holdings, Inc. * | 135,704 | 2,631,301 |
Aerovironment, Inc. * | 42,352 | 1,144,351 |
Air Lease Corp. | 189,030 | 7,358,938 |
Aircastle Ltd. | 111,586 | 2,681,412 |
Alamo Group, Inc. | 17,242 | 1,295,736 |
Albany International Corp., Class A | 54,441 | 2,468,899 |
Altra Industrial Motion Corp. | 45,738 | 1,776,921 |
Ameresco, Inc., Class A * | 34,250 | 172,963 |
American Railcar Industries, Inc. (a) | 14,320 | 638,099 |
American Woodmark Corp. * | 29,288 | 2,531,948 |
Apogee Enterprises, Inc. | 57,962 | 3,314,267 |
Applied Industrial Technologies, Inc. | 75,015 | 4,729,696 |
Argan, Inc. | 27,181 | 1,872,771 |
Armstrong Flooring, Inc. * | 45,717 | 976,972 |
Armstrong World Industries, Inc. * | 99,034 | 4,555,564 |
Astec Industries, Inc. | 39,949 | 2,523,578 |
Astronics Corp. * | 42,004 | 1,407,554 |
Atkore International Group, Inc. * | 39,633 | 1,039,177 |
AZZ, Inc. | 54,466 | 3,194,431 |
Babcock & Wilcox Enterprises, Inc. * | 94,860 | 1,565,190 |
Barnes Group, Inc. | 101,634 | 5,092,880 |
Beacon Roofing Supply, Inc. * | 115,873 | 5,265,269 |
BMC Stock Holdings, Inc. * | 92,993 | 1,952,853 |
Briggs & Stratton Corp. | 82,720 | 1,770,208 |
Builders FirstSource, Inc. * | 168,275 | 2,177,479 |
BWX Technologies, Inc. | 194,534 | 9,034,159 |
CAI International, Inc. * | 28,940 | 447,702 |
Chart Industries, Inc. * | 61,251 | 2,179,923 |
Chicago Bridge & Iron Co. N.V. | 196,951 | 6,611,645 |
CIRCOR International, Inc. | 34,840 | 2,163,912 |
Columbus McKinnon Corp. | 40,055 | 1,033,820 |
Comfort Systems USA, Inc. | 72,596 | 2,769,537 |
Continental Building Products, Inc. * | 78,636 | 1,922,650 |
Crane Co. | 95,816 | 6,926,539 |
CSW Industrials, Inc. * | 34,627 | 1,284,662 |
Security | Number of Shares | Value ($) |
Cubic Corp. | 48,426 | 2,544,786 |
Curtiss-Wright Corp. | 86,856 | 8,497,122 |
DigitalGlobe, Inc. * | 122,540 | 3,878,391 |
Douglas Dynamics, Inc. | 39,206 | 1,307,520 |
DXP Enterprises, Inc. * | 29,466 | 1,031,310 |
Dycom Industries, Inc. * | 62,278 | 5,118,006 |
EMCOR Group, Inc. | 119,582 | 7,351,901 |
Encore Wire Corp. | 38,265 | 1,817,588 |
Energy Recovery, Inc. * | 64,364 | 541,301 |
EnerSys | 84,548 | 6,487,368 |
Engility Holdings, Inc. * | 35,292 | 1,104,993 |
EnPro Industries, Inc. | 43,606 | 2,846,600 |
ESCO Technologies, Inc. | 50,330 | 2,727,886 |
Esterline Technologies Corp. * | 58,453 | 5,196,472 |
Federal Signal Corp. | 121,037 | 1,801,031 |
Franklin Electric Co., Inc. | 75,508 | 3,163,785 |
GATX Corp. | 81,509 | 4,734,043 |
Generac Holdings, Inc. * | 125,377 | 4,894,718 |
General Cable Corp. | 105,281 | 1,758,193 |
Gibraltar Industries, Inc. * | 64,781 | 2,685,172 |
Global Brass & Copper Holdings, Inc. | 47,291 | 1,591,342 |
GMS, Inc. * | 18,414 | 553,893 |
Graco, Inc. | 108,951 | 9,888,393 |
Graham Corp. | 21,488 | 471,232 |
Granite Construction, Inc. | 76,598 | 4,060,460 |
Great Lakes Dredge & Dock Corp. * | 122,140 | 531,309 |
Griffon Corp. | 58,394 | 1,468,609 |
H&E Equipment Services, Inc. | 66,109 | 1,734,700 |
Harsco Corp. * | 157,742 | 2,224,162 |
HEICO Corp. | 40,020 | 3,287,643 |
HEICO Corp., Class A | 71,950 | 5,104,853 |
Herc Holdings, Inc. * | 49,707 | 2,569,355 |
Hexcel Corp. | 183,243 | 10,074,700 |
Hillenbrand, Inc. | 123,094 | 4,474,467 |
Hyster-Yale Materials Handling, Inc. | 16,709 | 1,017,411 |
Insteel Industries, Inc. | 34,628 | 1,250,763 |
ITT, Inc. | 177,342 | 7,265,702 |
John Bean Technologies Corp. | 57,210 | 5,114,574 |
Joy Global, Inc. | 196,585 | 5,541,731 |
Kadant, Inc. | 19,050 | 1,179,195 |
Kaman Corp. | 51,808 | 2,682,100 |
KBR, Inc. | 274,087 | 4,125,009 |
Kennametal, Inc. | 157,882 | 5,855,843 |
KLX, Inc. * | 104,074 | 5,239,085 |
Kratos Defense & Security Solutions, Inc. * | 107,360 | 885,720 |
L.B. Foster Co., Class A | 11,944 | 166,619 |
Lindsay Corp. | 21,460 | 1,718,302 |
Lydall, Inc. * | 34,885 | 1,768,670 |
Manitowoc Foodservice, Inc. * | 273,190 | 5,207,001 |
Masonite International Corp. * | 60,041 | 4,689,202 |
MasTec, Inc. * | 130,367 | 5,116,905 |
Mercury Systems, Inc. * | 97,489 | 3,642,189 |
Meritor, Inc. * | 170,798 | 2,792,547 |
Milacron Holdings Corp. * | 53,808 | 977,153 |
Moog, Inc., Class A * | 63,114 | 4,265,244 |
MRC Global, Inc. * | 195,192 | 3,944,830 |
MSC Industrial Direct Co., Inc., Class A | 88,078 | 8,859,766 |
Mueller Industries, Inc. | 110,977 | 4,641,058 |
Mueller Water Products, Inc., Class A | 326,880 | 4,050,043 |
MYR Group, Inc. * | 25,869 | 970,346 |
National Presto Industries, Inc. | 8,550 | 851,580 |
Navistar International Corp. * | 126,975 | 3,432,134 |
NCI Building Systems, Inc. * | 81,972 | 1,311,552 |
Nexeo Solutions, Inc. *(a) | 105,608 | 977,930 |
NN, Inc. | 58,094 | 1,167,689 |
NOW, Inc. * | 210,100 | 4,021,314 |
Orbital ATK, Inc. | 114,424 | 10,575,066 |
Oshkosh Corp. | 147,771 | 10,032,173 |
Security | Number of Shares | Value ($) |
Patrick Industries, Inc. * | 29,817 | 2,380,887 |
PGT Innovations, Inc. * | 96,397 | 968,790 |
Plug Power, Inc. *(a) | 441,191 | 476,486 |
Ply Gem Holdings, Inc. * | 38,540 | 670,596 |
Powell Industries, Inc. | 19,934 | 650,646 |
Power Solutions International, Inc. *(a) | 989 | 5,242 |
Preformed Line Products Co. | 5,823 | 267,974 |
Primoris Services Corp. | 77,683 | 1,931,199 |
Proto Labs, Inc. * | 51,186 | 2,794,756 |
Quanex Building Products Corp. | 74,960 | 1,465,468 |
Raven Industries, Inc. | 76,402 | 2,257,679 |
RBC Bearings, Inc. * | 48,433 | 4,518,799 |
Regal Beloit Corp. | 88,394 | 6,580,933 |
Rexnord Corp. * | 208,691 | 4,626,679 |
Rush Enterprises, Inc., Class A * | 58,502 | 2,017,149 |
Rush Enterprises, Inc., Class B * | 15,526 | 496,677 |
Simpson Manufacturing Co., Inc. | 79,629 | 3,436,788 |
SiteOne Landscape Supply, Inc. * | 42,569 | 1,669,131 |
SPX Corp. * | 88,313 | 2,329,697 |
SPX FLOW, Inc. * | 81,368 | 2,766,512 |
Standex International Corp. | 26,713 | 2,551,092 |
Sun Hydraulics Corp. | 50,714 | 1,876,418 |
Sunrun, Inc. *(a) | 129,824 | 738,699 |
TASER International, Inc. * | 103,227 | 2,649,837 |
Teledyne Technologies, Inc. * | 67,683 | 8,894,223 |
Tennant Co. | 33,270 | 2,337,218 |
Terex Corp. | 213,049 | 6,655,651 |
Textainer Group Holdings Ltd. | 65,802 | 1,036,382 |
The Gorman-Rupp Co. | 34,901 | 1,086,468 |
The Greenbrier Cos., Inc. | 55,539 | 2,335,415 |
The KEYW Holding Corp. * | 67,847 | 673,042 |
The Manitowoc Co., Inc. * | 258,739 | 1,573,133 |
The Timken Co. | 136,450 | 6,031,090 |
Thermon Group Holdings, Inc. * | 59,749 | 1,204,540 |
Titan International, Inc. | 86,175 | 1,140,957 |
Titan Machinery, Inc. * | 29,704 | 420,312 |
TPI Composites, Inc. * | 14,230 | 248,314 |
Trex Co., Inc. * | 57,836 | 3,933,426 |
TriMas Corp. * | 92,314 | 2,035,524 |
Triton International Ltd. | 65,474 | 1,617,863 |
Triumph Group, Inc. | 96,700 | 2,688,260 |
Tutor Perini Corp. * | 79,124 | 2,409,326 |
Univar, Inc. * | 198,554 | 6,393,439 |
Universal Forest Products, Inc. | 38,912 | 3,728,159 |
USG Corp. * | 172,137 | 5,806,181 |
Valmont Industries, Inc. | 44,932 | 7,065,557 |
Veritiv Corp. * | 18,230 | 1,014,500 |
Wabash National Corp. | 124,218 | 2,627,211 |
Watsco, Inc. | 50,383 | 7,470,287 |
Watts Water Technologies, Inc., Class A | 55,683 | 3,560,928 |
Wesco Aircraft Holdings, Inc. * | 122,844 | 1,486,412 |
WESCO International, Inc. * | 82,504 | 5,734,028 |
Woodward, Inc. | 108,909 | 7,672,639 |
512,584,376 | ||
Commercial & Professional Services 3.0% | ||
ABM Industries, Inc. | 111,191 | 4,535,481 |
Acacia Research Corp. * | 91,476 | 535,135 |
ACCO Brands Corp. * | 206,739 | 2,770,303 |
Advanced Disposal Services, Inc. * | 39,299 | 859,862 |
Barrett Business Services, Inc. | 14,061 | 900,326 |
Brady Corp., Class A | 97,640 | 3,734,730 |
CBIZ, Inc. * | 109,303 | 1,453,730 |
CEB, Inc. | 63,883 | 4,954,127 |
Clean Harbors, Inc. * | 100,831 | 5,844,165 |
Covanta Holding Corp. | 262,654 | 4,254,995 |
Deluxe Corp. | 94,842 | 6,979,423 |
Security | Number of Shares | Value ($) |
Ennis, Inc. | 50,077 | 818,759 |
Essendant, Inc. | 71,422 | 1,137,752 |
Exponent, Inc. | 50,348 | 2,892,493 |
Franklin Covey Co. * | 29,732 | 533,689 |
FTI Consulting, Inc. * | 81,375 | 3,274,530 |
G&K Services, Inc., Class A | 38,932 | 3,679,074 |
GP Strategies Corp. * | 34,772 | 857,130 |
Healthcare Services Group, Inc. | 141,960 | 5,874,305 |
Heidrick & Struggles International, Inc. | 32,609 | 797,290 |
Heritage-Crystal Clean, Inc. * | 35,527 | 529,352 |
Herman Miller, Inc. | 117,664 | 3,506,387 |
HNI Corp. | 86,944 | 3,983,774 |
Huron Consulting Group, Inc. * | 40,685 | 1,767,763 |
ICF International, Inc. * | 36,256 | 1,557,195 |
InnerWorkings, Inc. * | 80,914 | 785,675 |
Insperity, Inc. | 39,117 | 3,256,490 |
Interface, Inc. | 124,699 | 2,356,811 |
Kelly Services, Inc., Class A | 60,232 | 1,287,760 |
Kforce, Inc. | 45,008 | 1,158,956 |
Kimball International, Inc., Class B | 67,620 | 1,108,968 |
Knoll, Inc. | 95,607 | 2,136,816 |
Korn/Ferry International | 117,047 | 3,617,923 |
LSC Communications, Inc. | 50,642 | 1,439,246 |
Matthews International Corp., Class A | 61,232 | 4,032,127 |
McGrath RentCorp | 47,262 | 1,778,469 |
Mistras Group, Inc. * | 30,816 | 693,976 |
Mobile Mini, Inc. | 85,294 | 2,776,320 |
MSA Safety, Inc. | 64,425 | 4,654,706 |
Multi-Color Corp. | 24,772 | 1,776,152 |
Navigant Consulting, Inc. * | 96,136 | 2,239,969 |
NL Industries, Inc. * | 19,329 | 114,041 |
On Assignment, Inc. * | 94,692 | 4,468,515 |
Pendrell Corp. * | 26,652 | 175,370 |
Pitney Bowes, Inc. | 371,562 | 5,068,106 |
Quad/Graphics, Inc. | 60,051 | 1,630,385 |
R.R. Donnelley & Sons Co. | 137,503 | 2,305,925 |
Resources Connection, Inc. | 56,100 | 948,090 |
RPX Corp. * | 98,245 | 1,056,134 |
SP Plus Corp. * | 34,898 | 1,125,461 |
Steelcase, Inc., Class A | 176,645 | 2,826,320 |
Team, Inc. * | 60,329 | 2,072,301 |
Tetra Tech, Inc. | 113,806 | 4,580,691 |
The Advisory Board Co. * | 80,881 | 3,639,645 |
The Brink's Co. | 92,350 | 4,936,107 |
TriNet Group, Inc. * | 66,147 | 1,776,047 |
TrueBlue, Inc. * | 90,210 | 2,340,950 |
UniFirst Corp. | 31,555 | 4,199,970 |
US Ecology, Inc. | 46,250 | 2,347,188 |
Viad Corp. | 43,123 | 2,035,406 |
WageWorks, Inc. * | 70,321 | 5,414,717 |
West Corp. | 86,006 | 2,056,403 |
158,249,906 | ||
Consumer Durables & Apparel 2.2% | ||
Acushnet Holdings Corp. * | 46,586 | 815,721 |
American Outdoor Brands Corp. * | 109,963 | 2,137,681 |
Arctic Cat, Inc. * | 23,188 | 428,978 |
Beazer Homes USA, Inc. * | 55,612 | 678,466 |
Brunswick Corp. | 175,313 | 10,499,496 |
CalAtlantic Group, Inc. | 146,115 | 5,162,243 |
Callaway Golf Co. | 181,563 | 1,835,602 |
Cavco Industries, Inc. * | 18,197 | 2,169,992 |
Columbia Sportswear Co. | 56,154 | 3,085,101 |
Crocs, Inc. * | 148,417 | 986,973 |
Deckers Outdoor Corp. * | 61,325 | 3,239,800 |
Ethan Allen Interiors, Inc. | 48,905 | 1,406,019 |
Fossil Group, Inc. * | 84,881 | 1,605,100 |
Security | Number of Shares | Value ($) |
G-III Apparel Group Ltd. * | 86,209 | 2,218,158 |
GoPro, Inc., Class A *(a) | 210,567 | 1,979,330 |
Helen of Troy Ltd. * | 55,532 | 5,425,476 |
Hovnanian Enterprises, Inc., Class A * | 211,916 | 502,241 |
Iconix Brand Group, Inc. * | 102,407 | 789,558 |
Installed Building Products, Inc. * | 41,619 | 1,958,174 |
iRobot Corp. * | 55,206 | 3,151,158 |
Kate Spade & Co. * | 249,737 | 5,958,725 |
KB Home | 147,872 | 2,624,728 |
La-Z-Boy, Inc. | 100,974 | 2,726,298 |
LGI Homes, Inc. *(a) | 31,586 | 916,310 |
Libbey, Inc. | 45,533 | 637,462 |
M.D.C Holdings, Inc. | 83,301 | 2,431,556 |
M/I Homes, Inc. * | 43,047 | 1,015,909 |
Marine Products Corp. | 26,641 | 282,927 |
Meritage Homes Corp. * | 71,661 | 2,547,549 |
Movado Group, Inc. | 33,384 | 809,562 |
NACCO Industries, Inc., Class A | 12,366 | 797,607 |
Nautilus, Inc. * | 63,423 | 1,021,110 |
Oxford Industries, Inc. | 26,814 | 1,507,215 |
Perry Ellis International, Inc. * | 26,645 | 620,562 |
Skechers U.S.A., Inc., Class A * | 262,385 | 6,735,423 |
Steven Madden Ltd. * | 110,049 | 4,110,330 |
Sturm Ruger & Co., Inc. (a) | 36,996 | 1,844,251 |
Taylor Morrison Home Corp., Class A * | 78,277 | 1,575,716 |
Tempur Sealy International, Inc. *(a) | 98,581 | 4,553,456 |
TopBuild Corp. * | 74,502 | 3,127,594 |
TRI Pointe Group, Inc. * | 299,111 | 3,571,385 |
Tupperware Brands Corp. | 99,761 | 6,024,567 |
Unifi, Inc. * | 25,277 | 689,809 |
Universal Electronics, Inc. * | 25,726 | 1,767,376 |
Vera Bradley, Inc. * | 36,426 | 381,016 |
Vince Holding Corp. * | 60,516 | 105,903 |
Vista Outdoor, Inc. * | 119,652 | 2,420,560 |
William Lyon Homes, Class A * | 51,924 | 956,959 |
Wolverine World Wide, Inc. | 192,997 | 4,857,735 |
116,694,867 | ||
Consumer Services 3.8% | ||
American Public Education, Inc. * | 32,986 | 796,612 |
Ascent Capital Group, Inc., Class A * | 24,774 | 397,623 |
Belmond Ltd., Class A * | 160,917 | 2,083,875 |
Biglari Holdings, Inc. * | 1,834 | 787,575 |
BJ's Restaurants, Inc. * | 39,629 | 1,440,514 |
Bloomin' Brands, Inc. | 208,345 | 3,560,616 |
Bob Evans Farms, Inc. | 37,018 | 2,100,031 |
Bojangles', Inc. * | 28,099 | 591,484 |
Boyd Gaming Corp. * | 153,662 | 3,022,532 |
Bridgepoint Education, Inc. * | 34,991 | 326,466 |
Bright Horizons Family Solutions, Inc. * | 88,299 | 6,102,344 |
Brinker International, Inc. | 96,825 | 4,089,888 |
Buffalo Wild Wings, Inc. * | 35,671 | 5,529,005 |
Caesars Entertainment Corp. *(a) | 124,563 | 1,177,120 |
Capella Education Co. | 24,219 | 1,843,066 |
Career Education Corp. * | 135,817 | 1,131,356 |
Carriage Services, Inc. | 30,317 | 781,269 |
Carrols Restaurant Group, Inc. * | 74,824 | 1,182,219 |
Chegg, Inc. * | 103,353 | 816,489 |
Choice Hotels International, Inc. | 69,602 | 4,217,881 |
Churchill Downs, Inc. | 24,285 | 3,650,035 |
Chuy's Holdings, Inc. * | 33,387 | 951,530 |
ClubCorp Holdings, Inc. | 137,815 | 2,356,636 |
Cracker Barrel Old Country Store, Inc. (a) | 46,913 | 7,552,524 |
Dave & Buster's Entertainment, Inc. * | 73,570 | 4,207,468 |
Del Frisco's Restaurant Group, Inc. * | 38,959 | 619,448 |
Denny's Corp. * | 154,005 | 1,934,303 |
DeVry Education Group, Inc. | 115,963 | 3,728,210 |
Security | Number of Shares | Value ($) |
DineEquity, Inc. | 33,288 | 1,991,288 |
Drive Shack, Inc. | 67,735 | 283,810 |
El Pollo Loco Holdings, Inc. * | 38,082 | 476,025 |
Eldorado Resorts, Inc. * | 48,512 | 790,746 |
Extended Stay America, Inc. | 217,298 | 3,759,255 |
Fiesta Restaurant Group, Inc. * | 52,314 | 1,038,433 |
Graham Holdings Co., Class B | 9,425 | 5,073,006 |
Grand Canyon Education, Inc. * | 93,085 | 5,713,557 |
Houghton Mifflin Harcourt Co. * | 196,850 | 2,175,193 |
Hyatt Hotels Corp., Class A * | 75,095 | 3,855,377 |
ILG, Inc. | 209,452 | 3,954,454 |
International Speedway Corp., Class A | 51,627 | 1,915,362 |
Intrawest Resorts Holdings, Inc. * | 34,680 | 817,061 |
Isle of Capri Casinos, Inc. * | 57,381 | 1,393,784 |
Jack in the Box, Inc. | 63,602 | 5,960,143 |
K12, Inc. * | 60,068 | 1,072,814 |
La Quinta Holdings, Inc. * | 151,240 | 2,096,186 |
Marriott Vacations Worldwide Corp. | 50,049 | 4,701,103 |
Noodles & Co. * | 1,656 | 6,293 |
Panera Bread Co., Class A * | 43,607 | 10,064,496 |
Papa John's International, Inc. | 51,897 | 4,095,711 |
Penn National Gaming, Inc. * | 164,021 | 2,373,384 |
Pinnacle Entertainment, Inc. * | 115,630 | 2,007,337 |
Planet Fitness, Inc., Class A | 99,118 | 2,132,028 |
Popeyes Louisiana Kitchen, Inc. * | 40,410 | 3,192,794 |
Potbelly Corp. * | 39,750 | 518,738 |
Red Robin Gourmet Burgers, Inc. * | 28,319 | 1,292,762 |
Red Rock Resorts, Inc., Class A | 52,162 | 1,145,999 |
Regis Corp. * | 79,287 | 976,023 |
Ruby Tuesday, Inc. * | 152,407 | 289,573 |
Ruth's Hospitality Group, Inc. | 67,075 | 1,130,214 |
Scientific Games Corp., Class A * | 107,502 | 2,219,916 |
SeaWorld Entertainment, Inc. | 131,276 | 2,529,689 |
ServiceMaster Global Holdings, Inc. * | 265,032 | 10,556,225 |
Shake Shack, Inc., Class A * | 32,508 | 1,164,762 |
Six Flags Entertainment Corp. | 168,343 | 10,203,269 |
Sonic Corp. | 94,633 | 2,392,322 |
Sotheby's * | 90,772 | 4,096,540 |
Speedway Motorsports, Inc. | 21,487 | 458,103 |
Strayer Education, Inc. * | 20,466 | 1,586,934 |
Texas Roadhouse, Inc. | 129,542 | 5,479,627 |
The Cheesecake Factory, Inc. | 86,096 | 5,256,161 |
The Habit Restaurants, Inc., Class A * | 38,172 | 513,413 |
The Marcus Corp. | 40,602 | 1,266,782 |
The Wendy's Co. | 394,581 | 5,500,459 |
Weight Watchers International, Inc. *(a) | 56,033 | 806,315 |
Wingstop, Inc. | 54,411 | 1,431,009 |
Zoe's Kitchen, Inc. * | 35,216 | 631,071 |
199,363,665 | ||
Diversified Financials 3.4% | ||
AG Mortgage Investment Trust, Inc. | 49,890 | 891,035 |
Altisource Residential Corp. | 107,744 | 1,445,924 |
Anworth Mortgage Asset Corp. | 203,452 | 1,106,779 |
Apollo Commercial Real Estate Finance, Inc. | 144,348 | 2,654,560 |
Arlington Asset Investment Corp., Class A | 46,919 | 691,586 |
ARMOUR Residential REIT, Inc. | 72,679 | 1,634,551 |
Artisan Partners Asset Management, Inc., Class A | 84,168 | 2,394,580 |
BGC Partners, Inc., Class A | 429,337 | 4,842,921 |
Blackstone Mortgage Trust, Inc., Class A | 190,723 | 5,939,114 |
Capstead Mortgage Corp. | 188,005 | 1,989,093 |
Chimera Investment Corp. | 350,779 | 6,748,988 |
CIM Commercial Trust Corp. | 38,458 | 603,791 |
Cohen & Steers, Inc. | 36,709 | 1,380,625 |
Cowen Group, Inc., Class A * | 49,718 | 710,967 |
Security | Number of Shares | Value ($) |
Credit Acceptance Corp. *(a) | 24,136 | 4,838,303 |
CYS Investments, Inc. | 294,455 | 2,361,529 |
Diamond Hill Investment Group, Inc. | 5,682 | 1,139,355 |
Donnelley Financial Solutions, Inc. * | 50,642 | 1,170,337 |
Dynex Capital, Inc. | 82,634 | 566,869 |
Encore Capital Group, Inc. * | 43,298 | 1,441,823 |
Enova International, Inc. * | 47,820 | 686,217 |
Evercore Partners, Inc., Class A | 76,520 | 6,087,166 |
EZCORP, Inc., Class A * | 98,233 | 864,450 |
Federated Investors, Inc., Class B | 182,997 | 4,972,028 |
Financial Engines, Inc. | 103,379 | 4,579,690 |
FirstCash, Inc. | 98,000 | 4,346,300 |
FNFV Group * | 140,988 | 1,755,301 |
GAMCO Investors, Inc., Class A | 8,563 | 255,092 |
Green Dot Corp., Class A * | 86,480 | 2,534,729 |
Greenhill & Co., Inc. | 54,004 | 1,595,818 |
Hannon Armstrong Sustainable Infrastructure Capital, Inc. | 85,835 | 1,698,675 |
Interactive Brokers Group, Inc., Class A | 134,221 | 4,927,253 |
INTL FCStone, Inc. * | 29,769 | 1,123,780 |
Invesco Mortgage Capital, Inc. | 225,889 | 3,512,574 |
Investment Technology Group, Inc. | 66,118 | 1,323,682 |
Janus Capital Group, Inc. | 282,372 | 3,574,829 |
KCG Holdings, Inc., Class A * | 96,496 | 1,336,470 |
Ladder Capital Corp., Class A | 122,314 | 1,764,991 |
Ladenburg Thalmann Financial Services, Inc. * | 215,409 | 478,208 |
LendingClub Corp. * | 635,058 | 3,391,210 |
LPL Financial Holdings, Inc. | 160,980 | 6,365,149 |
MFA Financial, Inc. | 707,059 | 5,670,613 |
Moelis & Co., Class A | 40,876 | 1,504,237 |
Morningstar, Inc. | 38,404 | 3,081,153 |
MTGE Investment Corp. | 98,402 | 1,628,553 |
Nelnet, Inc., Class A | 35,092 | 1,571,771 |
New Residential Investment Corp. | 597,353 | 10,077,345 |
New York Mortgage Trust, Inc. | 225,083 | 1,424,775 |
NewStar Financial, Inc. | 48,315 | 481,217 |
On Deck Capital, Inc. * | 82,241 | 439,167 |
PennyMac Mortgage Investment Trust | 125,855 | 2,121,915 |
PICO Holdings, Inc. * | 52,292 | 716,400 |
Piper Jaffray Cos. | 29,212 | 2,066,749 |
PJT Partners, Inc., Class A | 31,730 | 1,174,327 |
PRA Group, Inc. * | 91,455 | 3,731,364 |
Pzena Investment Management, Inc., Class A | 23,588 | 236,824 |
Redwood Trust, Inc. | 155,805 | 2,550,528 |
Resource Capital Corp. | 69,449 | 583,372 |
Safeguard Scientifics, Inc. * | 49,867 | 630,818 |
SLM Corp. * | 854,206 | 10,241,930 |
Stifel Financial Corp. * | 130,378 | 7,035,197 |
Two Harbors Investment Corp. | 690,057 | 6,417,530 |
Virtu Financial, Inc., Class A | 71,753 | 1,244,915 |
Virtus Investment Partners, Inc. | 10,751 | 1,178,847 |
Waddell & Reed Financial, Inc., Class A | 160,118 | 3,080,670 |
Western Asset Mortgage Capital Corp. | 83,074 | 863,970 |
Westwood Holdings Group, Inc. | 15,610 | 887,585 |
WisdomTree Investments, Inc. (a) | 218,456 | 1,990,134 |
World Acceptance Corp. * | 11,989 | 628,703 |
174,986,951 | ||
Energy 4.5% | ||
Alon USA Energy, Inc. | 65,190 | 792,710 |
Arch Coal, Inc., Class A * | 48,126 | 3,458,334 |
Archrock, Inc. | 138,694 | 1,893,173 |
Atwood Oceanics, Inc. * | 136,728 | 1,437,011 |
Bill Barrett Corp. * | 160,116 | 882,239 |
Bristow Group, Inc. | 62,812 | 986,777 |
Security | Number of Shares | Value ($) |
California Resources Corp. *(a) | 81,415 | 1,454,886 |
Callon Petroleum Co. * | 401,333 | 5,064,822 |
CARBO Ceramics, Inc. * | 35,062 | 449,845 |
Carrizo Oil & Gas, Inc. * | 120,613 | 3,925,953 |
Centennial Resource Development, Inc., Class A * | 111,115 | 2,090,073 |
Clayton Williams Energy, Inc. * | 13,690 | 1,852,942 |
Clean Energy Fuels Corp. * | 147,921 | 362,406 |
Cloud Peak Energy, Inc. * | 131,858 | 657,971 |
Cobalt International Energy, Inc. * | 400,981 | 284,697 |
CONSOL Energy, Inc. * | 350,179 | 5,452,287 |
Contango Oil & Gas Co. * | 44,989 | 333,818 |
CVR Energy, Inc. (a) | 29,004 | 664,772 |
Delek US Holdings, Inc. | 107,679 | 2,591,834 |
Denbury Resources, Inc. * | 784,480 | 2,125,941 |
Diamond Offshore Drilling, Inc. * | 122,448 | 2,062,024 |
Dril-Quip, Inc. * | 77,853 | 4,776,282 |
Eclipse Resources Corp. * | 164,860 | 356,098 |
Ensco plc, Class A | 606,777 | 5,910,008 |
EP Energy Corp., Class A *(a) | 74,839 | 353,240 |
Era Group, Inc. * | 38,941 | 536,607 |
Evolution Petroleum Corp. | 56,041 | 490,359 |
EXCO Resources, Inc. *(a) | 338,934 | 188,786 |
Exterran Corp. * | 64,317 | 1,957,810 |
Extraction Oil & Gas, Inc. * | 68,786 | 1,217,512 |
Fairmount Santrol Holdings, Inc. * | 301,298 | 2,856,305 |
Forum Energy Technologies, Inc. * | 130,754 | 2,837,362 |
Frank's International N.V. (a) | 86,445 | 1,054,629 |
Gener8 Maritime, Inc. * | 174,962 | 853,815 |
Geospace Technologies Corp. * | 27,589 | 455,494 |
Green Plains, Inc. | 71,323 | 1,786,641 |
Gulf Island Fabrication, Inc. | 26,716 | 304,562 |
Gulfport Energy Corp. * | 308,247 | 5,345,003 |
Helix Energy Solutions Group, Inc. * | 262,355 | 2,167,052 |
Hornbeck Offshore Services, Inc. *(a) | 66,146 | 296,996 |
Isramco, Inc. * | 2,016 | 244,944 |
Jones Energy, Inc., Class A *(a) | 107,169 | 342,941 |
Kosmos Energy Ltd. * | 390,690 | 2,398,837 |
Laredo Petroleum, Inc. * | 281,453 | 3,892,495 |
Mammoth Energy Services, Inc. * | 15,346 | 329,939 |
Matador Resources Co. * | 181,869 | 4,377,587 |
Matrix Service Co. * | 50,021 | 810,340 |
McDermott International, Inc. * | 474,984 | 3,495,882 |
Nabors Industries Ltd. | 557,566 | 8,162,766 |
Natural Gas Services Group, Inc. * | 25,668 | 668,651 |
Newpark Resources, Inc. * | 169,154 | 1,302,486 |
Noble Corp. plc | 472,109 | 3,153,688 |
Northern Oil & Gas, Inc. *(a) | 40,575 | 121,725 |
Oasis Petroleum, Inc. * | 464,948 | 6,583,664 |
Oceaneering International, Inc. | 197,828 | 5,602,489 |
Oil States International, Inc. * | 103,344 | 3,803,059 |
Overseas Shipholding Group, Inc., Class A | 81,092 | 405,460 |
Par Pacific Holdings, Inc. *(a) | 63,831 | 931,933 |
Parker Drilling Co. * | 245,107 | 465,703 |
Patterson-UTI Energy, Inc. | 330,127 | 9,118,108 |
PBF Energy, Inc., Class A | 218,147 | 5,342,420 |
PDC Energy, Inc. * | 109,673 | 7,412,798 |
Pioneer Energy Services Corp. * | 138,785 | 728,621 |
QEP Resources, Inc. * | 476,715 | 6,559,598 |
REX American Resources Corp. * | 9,331 | 776,526 |
Rice Energy, Inc. * | 318,111 | 5,932,770 |
RigNet, Inc. * | 24,867 | 438,903 |
Rowan Cos. plc, Class A * | 251,326 | 4,554,027 |
RPC, Inc. (a) | 114,631 | 2,292,620 |
RSP Permian, Inc. * | 215,017 | 8,491,021 |
Sanchez Energy Corp. * | 131,989 | 1,517,874 |
SandRidge Energy, Inc. * | 40,156 | 752,925 |
SEACOR Holdings, Inc. * | 30,756 | 2,117,551 |
Security | Number of Shares | Value ($) |
SemGroup Corp., Class A | 103,338 | 3,632,331 |
SM Energy Co. | 191,256 | 4,714,460 |
Smart Sand, Inc. * | 29,702 | 509,983 |
Superior Energy Services, Inc. * | 303,188 | 5,002,602 |
Synergy Resources Corp. * | 414,578 | 3,387,102 |
Teekay Corp. | 108,865 | 1,069,054 |
Tesco Corp. * | 109,538 | 914,642 |
TETRA Technologies, Inc. * | 244,692 | 1,098,667 |
Tidewater, Inc. *(a) | 92,420 | 125,691 |
Unit Corp. * | 106,791 | 2,898,308 |
US Silica Holdings, Inc. | 137,856 | 6,971,378 |
W&T Offshore, Inc. * | 65,396 | 164,144 |
Western Refining, Inc. | 159,301 | 5,817,673 |
Whiting Petroleum Corp. * | 548,369 | 5,949,804 |
World Fuel Services Corp. | 141,838 | 5,130,281 |
WPX Energy, Inc. * | 772,918 | 9,970,642 |
233,056,189 | ||
Food & Staples Retailing 0.5% | ||
Ingles Markets, Inc., Class A | 27,525 | 1,289,546 |
Natural Grocers by Vitamin Cottage, Inc. * | 2,700 | 32,589 |
Performance Food Group Co. * | 111,743 | 2,637,135 |
PriceSmart, Inc. | 44,806 | 3,960,850 |
Smart & Final Stores, Inc. * | 51,843 | 723,210 |
SpartanNash Co. | 77,806 | 2,715,429 |
Sprouts Farmers Market, Inc. * | 263,254 | 4,859,669 |
SUPERVALU, Inc. * | 501,892 | 1,897,152 |
The Andersons, Inc. | 53,442 | 2,113,631 |
The Chefs' Warehouse, Inc. * | 40,142 | 561,988 |
United Natural Foods, Inc. * | 100,271 | 4,316,667 |
Village Super Market, Inc., Class A | 16,566 | 490,519 |
Weis Markets, Inc. | 31,965 | 1,917,900 |
27,516,285 | ||
Food, Beverage & Tobacco 1.5% | ||
AdvancePierre Foods Holdings, Inc. | 76,216 | 2,207,215 |
Alico, Inc. | 5,766 | 147,610 |
Amplify Snack Brands, Inc. *(a) | 73,444 | 735,909 |
B&G Foods, Inc. | 129,063 | 5,485,178 |
Blue Buffalo Pet Products, Inc. * | 176,934 | 4,324,267 |
Cal-Maine Foods, Inc. (a) | 60,139 | 2,282,275 |
Calavo Growers, Inc. | 32,472 | 1,831,421 |
Coca-Cola Bottling Co. Consolidated | 9,919 | 1,706,762 |
Darling Ingredients, Inc. * | 331,464 | 4,312,347 |
Dean Foods Co. | 178,068 | 3,247,960 |
Farmer Brothers Co. * | 21,685 | 708,557 |
Flowers Foods, Inc. | 363,064 | 6,992,613 |
Fresh Del Monte Produce, Inc. | 63,443 | 3,671,446 |
Freshpet, Inc. * | 33,446 | 337,805 |
Hostess Brands, Inc. * | 78,738 | 1,199,180 |
J&J Snack Foods Corp. | 28,241 | 3,778,646 |
Lancaster Colony Corp. | 37,543 | 4,948,167 |
Landec Corp. * | 52,063 | 655,994 |
Limoneira Co. | 19,793 | 363,597 |
MGP Ingredients, Inc. (a) | 24,865 | 1,099,779 |
National Beverage Corp. | 24,894 | 1,454,059 |
Omega Protein Corp. | 46,307 | 1,178,513 |
Sanderson Farms, Inc. | 39,881 | 3,790,290 |
Seaboard Corp. | 519 | 1,885,242 |
Seneca Foods Corp., Class A * | 15,779 | 592,501 |
Seneca Foods Corp., Class B * | 2,625 | 102,506 |
Snyder's-Lance, Inc. | 165,821 | 6,563,195 |
The Boston Beer Co., Inc., Class A * | 18,717 | 2,969,452 |
Tootsie Roll Industries, Inc. (a) | 33,771 | 1,322,135 |
Security | Number of Shares | Value ($) |
Universal Corp. | 48,007 | 3,250,074 |
Vector Group Ltd. | 193,627 | 4,410,823 |
77,555,518 | ||
Health Care Equipment & Services 5.7% | ||
AAC Holdings, Inc. * | 14,098 | 129,279 |
Abaxis, Inc. | 42,251 | 2,106,212 |
Acadia Healthcare Co., Inc. * | 153,558 | 6,867,114 |
Accuray, Inc. * | 189,118 | 973,958 |
Aceto Corp. | 59,708 | 915,921 |
Adeptus Health, Inc., Class A *(a) | 31,454 | 212,315 |
Air Methods Corp. * | 65,403 | 2,475,504 |
Alere, Inc. * | 173,506 | 6,645,280 |
Allscripts Healthcare Solutions, Inc. * | 368,244 | 4,485,212 |
Amedisys, Inc. * | 57,867 | 2,790,347 |
American Renal Associates Holdings, Inc. * | 25,152 | 568,435 |
AMN Healthcare Services, Inc. * | 92,447 | 3,804,194 |
Analogic Corp. | 26,638 | 2,193,639 |
AngioDynamics, Inc. * | 55,629 | 909,534 |
Anika Therapeutics, Inc. * | 30,727 | 1,437,716 |
Antares Pharma, Inc. * | 258,952 | 637,022 |
athenahealth, Inc. * | 78,357 | 9,240,641 |
AtriCure, Inc. * | 66,581 | 1,215,103 |
Atrion Corp. | 2,635 | 1,286,012 |
BioScrip, Inc. *(a) | 227,610 | 343,691 |
BioTelemetry, Inc. * | 57,874 | 1,472,893 |
Brookdale Senior Living, Inc. * | 367,769 | 5,295,874 |
Cantel Medical Corp. | 73,064 | 5,999,285 |
Capital Senior Living Corp. * | 57,995 | 974,316 |
Cardiovascular Systems, Inc. * | 69,587 | 1,976,271 |
Castlight Health, Inc., Class B * | 121,272 | 430,516 |
Cerus Corp. * | 214,322 | 898,009 |
Chemed Corp. | 31,466 | 5,618,254 |
Civitas Solutions, Inc. * | 33,285 | 615,773 |
Community Health Systems, Inc. * | 229,698 | 2,239,555 |
Computer Programs & Systems, Inc. (a) | 19,193 | 516,292 |
CONMED Corp. | 48,425 | 2,015,449 |
CorVel Corp. * | 21,606 | 872,882 |
Cotiviti Holdings, Inc. * | 24,830 | 930,628 |
CryoLife, Inc. * | 57,739 | 923,824 |
Cynosure, Inc., Class A * | 44,011 | 2,904,726 |
Diplomat Pharmacy, Inc. * | 83,531 | 1,131,845 |
Endologix, Inc. * | 151,160 | 999,168 |
Entellus Medical, Inc. * | 9,465 | 131,753 |
Envision Healthcare Corp. * | 233,619 | 16,353,330 |
Evolent Health, Inc., Class A * | 35,507 | 699,488 |
Exactech, Inc. * | 18,957 | 460,655 |
Genesis Healthcare, Inc. * | 56,244 | 181,106 |
GenMark Diagnostics, Inc. * | 80,895 | 915,731 |
Glaukos Corp. * | 17,360 | 789,880 |
Globus Medical, Inc., Class A * | 134,291 | 3,734,633 |
Haemonetics Corp. * | 103,172 | 3,851,411 |
Halyard Health, Inc. * | 92,977 | 3,631,682 |
HealthEquity, Inc. * | 82,611 | 3,610,101 |
HealthSouth Corp. | 178,085 | 7,536,557 |
HealthStream, Inc. * | 45,451 | 1,112,186 |
Hill-Rom Holdings, Inc. | 119,507 | 7,941,240 |
HMS Holdings Corp. * | 166,622 | 3,104,168 |
ICU Medical, Inc. * | 30,299 | 4,556,970 |
Inogen, Inc. * | 31,376 | 2,153,021 |
Inovalon Holdings, Inc., Class A * | 122,765 | 1,473,180 |
Insulet Corp. * | 109,465 | 4,768,295 |
Integer Holdings Corp. * | 47,202 | 1,706,352 |
Integra LifeSciences Holdings Corp. * | 120,086 | 5,132,476 |
Invacare Corp. | 60,072 | 726,871 |
iRhythm Technologies, Inc. * | 16,851 | 649,101 |
Security | Number of Shares | Value ($) |
K2M Group Holdings, Inc. * | 62,099 | 1,245,085 |
Kindred Healthcare, Inc. | 175,631 | 1,580,679 |
Landauer, Inc. | 21,577 | 1,127,398 |
LHC Group, Inc. * | 29,267 | 1,405,401 |
LifePoint Health, Inc. * | 78,289 | 5,014,410 |
LivaNova plc * | 87,395 | 4,404,708 |
Magellan Health, Inc. * | 45,443 | 3,142,383 |
Masimo Corp. * | 86,937 | 7,855,627 |
Medidata Solutions, Inc. * | 111,068 | 6,210,923 |
Meridian Bioscience, Inc. | 80,153 | 1,029,966 |
Merit Medical Systems, Inc. * | 86,275 | 2,657,270 |
Molina Healthcare, Inc. * | 84,657 | 4,106,711 |
National HealthCare Corp. | 18,997 | 1,417,556 |
National Research Corp., Class A | 17,633 | 328,855 |
National Research Corp., Class B | 3,550 | 141,929 |
Natus Medical, Inc. * | 62,992 | 2,332,279 |
Neogen Corp. * | 73,789 | 4,785,955 |
Nevro Corp. * | 42,336 | 4,063,833 |
NuVasive, Inc. * | 98,194 | 7,340,983 |
NxStage Medical, Inc. * | 113,719 | 3,247,815 |
Omnicell, Inc. * | 69,531 | 2,643,916 |
OraSure Technologies, Inc. * | 122,827 | 1,376,891 |
Orthofix International N.V. * | 38,937 | 1,390,440 |
Owens & Minor, Inc. | 124,738 | 4,500,547 |
Penumbra, Inc. * | 53,098 | 4,077,926 |
PharMerica Corp. * | 56,982 | 1,401,757 |
Premier, Inc., Class A * | 94,845 | 2,980,978 |
Quality Systems, Inc. * | 79,919 | 1,219,564 |
Quidel Corp. * | 57,820 | 1,214,220 |
Quorum Health Corp. * | 55,217 | 472,105 |
SeaSpine Holdings Corp. * | 16,621 | 117,843 |
Second Sight Medical Products, Inc. *(a) | 33,396 | 55,771 |
Select Medical Holdings Corp. * | 203,178 | 2,925,763 |
Senseonics Holdings, Inc. * | 37,247 | 87,530 |
Surgery Partners, Inc. * | 39,553 | 889,943 |
Surgical Care Affiliates, Inc. * | 53,522 | 3,035,768 |
Surmodics, Inc. * | 28,606 | 707,999 |
Tandem Diabetes Care, Inc. * | 34,683 | 83,239 |
Teladoc, Inc. *(a) | 71,280 | 1,571,724 |
Tenet Healthcare Corp. * | 160,319 | 3,094,157 |
The Ensign Group, Inc. | 96,608 | 1,820,095 |
The Providence Service Corp. * | 25,668 | 1,042,634 |
The Spectranetics Corp. * | 91,660 | 2,550,439 |
Tivity Health, Inc. * | 69,806 | 2,017,393 |
Triple-S Management Corp., Class B * | 48,154 | 899,035 |
Universal American Corp. * | 104,710 | 1,041,865 |
US Physical Therapy, Inc. | 26,718 | 2,021,217 |
Veeva Systems, Inc., Class A * | 197,948 | 8,648,348 |
WellCare Health Plans, Inc. * | 86,958 | 12,278,470 |
Wright Medical Group N.V. * | 201,230 | 5,610,292 |
Zeltiq Aesthetics, Inc. * | 71,973 | 3,984,425 |
299,474,936 | ||
Household & Personal Products 0.9% | ||
Avon Products, Inc. * | 830,118 | 3,652,519 |
Central Garden & Pet Co. * | 23,712 | 800,280 |
Central Garden & Pet Co., Class A * | 58,765 | 1,877,542 |
Coty, Inc., Class A | 934,966 | 17,558,661 |
elf Beauty, Inc. *(a) | 13,452 | 372,620 |
Energizer Holdings, Inc. | 124,210 | 6,814,161 |
HRG Group, Inc. * | 268,922 | 4,942,786 |
Inter Parfums, Inc. | 36,844 | 1,274,802 |
Medifast, Inc. | 21,495 | 963,836 |
Natural Health Trends Corp. (a) | 13,692 | 380,501 |
Nu Skin Enterprises, Inc., Class A | 100,776 | 4,992,443 |
Revlon, Inc., Class A * | 27,278 | 916,541 |
Synutra International, Inc. * | 46,626 | 268,100 |
Security | Number of Shares | Value ($) |
USANA Health Sciences, Inc. * | 19,790 | 1,148,809 |
WD-40 Co. | 29,264 | 3,216,114 |
49,179,715 | ||
Insurance 3.6% | ||
Allied World Assurance Co. Holdings AG | 171,117 | 9,038,400 |
Ambac Financial Group, Inc. * | 84,708 | 1,872,047 |
American Equity Investment Life Holding Co. | 169,884 | 4,571,578 |
American National Insurance Co. | 17,206 | 2,066,441 |
AMERISAFE, Inc. | 38,849 | 2,497,991 |
AmTrust Financial Services, Inc. | 208,016 | 4,784,368 |
Argo Group International Holdings Ltd. | 58,021 | 3,884,506 |
Aspen Insurance Holdings Ltd. | 118,708 | 6,653,583 |
Assured Guaranty Ltd. | 256,496 | 10,544,551 |
Citizens, Inc. *(a) | 84,853 | 773,859 |
CNO Financial Group, Inc. | 343,636 | 7,185,429 |
Crawford & Co., Class A | 31,937 | 283,920 |
Crawford & Co., Class B | 30,796 | 333,213 |
Donegal Group, Inc., Class A | 29,267 | 486,125 |
eHealth, Inc. * | 30,063 | 329,490 |
EMC Insurance Group, Inc. | 12,279 | 341,356 |
Employers Holdings, Inc. | 61,859 | 2,325,898 |
Endurance Specialty Holdings Ltd. | 127,243 | 11,824,692 |
Enstar Group Ltd. * | 20,528 | 3,977,300 |
FBL Financial Group, Inc., Class A | 18,802 | 1,285,117 |
Fidelity & Guaranty Life (a) | 26,487 | 704,554 |
First American Financial Corp. | 220,006 | 8,595,634 |
Genworth Financial, Inc., Class A * | 980,852 | 4,011,685 |
Global Indemnity Ltd. * | 13,958 | 553,853 |
Greenlight Capital Re Ltd., Class A * | 57,926 | 1,291,750 |
Horace Mann Educators Corp. | 85,219 | 3,570,676 |
Infinity Property & Casualty Corp. | 22,717 | 2,141,077 |
James River Group Holdings Ltd. | 31,327 | 1,347,688 |
Kemper Corp. | 98,810 | 4,194,485 |
Maiden Holdings Ltd. | 150,616 | 2,327,017 |
MBIA, Inc. * | 271,964 | 2,806,668 |
Mercury General Corp. | 73,696 | 4,320,796 |
National General Holdings Corp. | 122,026 | 2,970,113 |
National Western Life Group, Inc., Class A | 4,648 | 1,477,367 |
Old Republic International Corp. | 480,530 | 9,951,776 |
OneBeacon Insurance Group Ltd., Class A | 43,945 | 717,182 |
Primerica, Inc. | 90,654 | 7,320,310 |
ProAssurance Corp. | 105,606 | 6,241,315 |
RLI Corp. | 74,853 | 4,375,158 |
Safety Insurance Group, Inc. | 27,378 | 1,943,838 |
Selective Insurance Group, Inc. | 115,425 | 5,113,327 |
State Auto Financial Corp. | 29,312 | 786,441 |
State National Cos., Inc. | 60,306 | 842,475 |
Stewart Information Services Corp. | 45,810 | 2,034,422 |
The Hanover Insurance Group, Inc. | 83,487 | 7,515,500 |
The Navigators Group, Inc. | 44,766 | 2,464,368 |
Third Point Reinsurance Ltd. * | 109,504 | 1,357,850 |
United Fire Group, Inc. | 39,655 | 1,674,234 |
Universal Insurance Holdings, Inc. | 61,128 | 1,647,400 |
Validus Holdings Ltd. | 156,572 | 9,027,942 |
White Mountains Insurance Group Ltd. | 8,859 | 8,294,327 |
WMIH Corp. * | 403,790 | 545,117 |
187,226,209 | ||
Materials 5.7% | ||
A. Schulman, Inc. | 57,315 | 1,934,381 |
AdvanSix, Inc. * | 59,584 | 1,625,452 |
AK Steel Holding Corp. * | 600,567 | 5,002,723 |
Alcoa Corp. | 292,918 | 10,132,034 |
Allegheny Technologies, Inc. | 208,550 | 4,006,246 |
Security | Number of Shares | Value ($) |
American Vanguard Corp. | 56,090 | 883,418 |
AptarGroup, Inc. | 124,550 | 9,280,221 |
Balchem Corp. | 62,911 | 5,483,952 |
Bemis Co., Inc. | 185,460 | 9,193,252 |
Boise Cascade Co. * | 83,239 | 2,255,777 |
Cabot Corp. | 125,369 | 7,268,895 |
Calgon Carbon Corp. | 95,224 | 1,342,658 |
Carpenter Technology Corp. | 92,156 | 3,737,847 |
Century Aluminum Co. * | 104,111 | 1,466,404 |
Chase Corp. | 13,982 | 1,278,654 |
Chemtura Corp. * | 123,731 | 4,101,683 |
Clearwater Paper Corp. * | 36,265 | 2,016,334 |
Cliffs Natural Resources, Inc. * | 516,574 | 5,506,679 |
Coeur Mining, Inc. * | 362,577 | 3,114,536 |
Commercial Metals Co. | 224,672 | 4,747,319 |
Compass Minerals International, Inc. | 69,221 | 5,246,952 |
Deltic Timber Corp. | 20,922 | 1,554,923 |
Domtar Corp. | 126,178 | 4,806,120 |
Eagle Materials, Inc. | 94,753 | 9,826,834 |
Ferro Corp. * | 171,032 | 2,394,448 |
Flotek Industries, Inc. * | 118,404 | 1,600,822 |
Forterra, Inc. * | 36,268 | 719,194 |
FutureFuel Corp. | 38,374 | 507,688 |
GCP Applied Technologies, Inc. * | 137,924 | 3,634,297 |
Graphic Packaging Holding Co. | 621,876 | 8,302,045 |
Greif, Inc., Class A | 48,761 | 2,780,840 |
Greif, Inc., Class B | 18,322 | 1,276,127 |
H.B. Fuller Co. | 100,111 | 4,946,485 |
Hawkins, Inc. | 21,689 | 1,072,521 |
Haynes International, Inc. | 23,411 | 914,434 |
Headwaters, Inc. * | 142,749 | 3,283,227 |
Hecla Mining Co. | 801,290 | 4,471,198 |
Ingevity Corp. * | 82,826 | 4,470,119 |
Innophos Holdings, Inc. | 36,559 | 1,937,261 |
Innospec, Inc. | 48,879 | 3,191,799 |
Kaiser Aluminum Corp. | 35,611 | 2,807,215 |
KapStone Paper & Packaging Corp. | 179,057 | 4,046,688 |
Koppers Holdings, Inc. * | 44,859 | 1,967,067 |
Kraton Corp. * | 58,690 | 1,598,129 |
Kronos Worldwide, Inc. | 44,764 | 620,429 |
Louisiana-Pacific Corp. * | 280,192 | 6,606,927 |
LSB Industries, Inc. *(a) | 39,616 | 430,626 |
Materion Corp. | 41,642 | 1,451,224 |
McEwen Mining, Inc. (a) | 432,898 | 1,484,840 |
Mercer International, Inc. | 78,762 | 949,082 |
Minerals Technologies, Inc. | 68,591 | 5,298,655 |
Myers Industries, Inc. | 44,988 | 632,081 |
Neenah Paper, Inc. | 30,968 | 2,268,406 |
Olin Corp. | 318,774 | 9,907,496 |
OMNOVA Solutions, Inc. * | 78,461 | 725,764 |
Owens-Illinois, Inc. * | 315,991 | 6,256,622 |
P.H. Glatfelter Co. | 86,182 | 1,904,622 |
Platform Specialty Products Corp. * | 424,408 | 5,597,942 |
PolyOne Corp. | 164,956 | 5,555,718 |
Quaker Chemical Corp. | 24,921 | 3,281,597 |
Rayonier Advanced Materials, Inc. | 86,259 | 1,143,794 |
Resolute Forest Products, Inc. * | 156,364 | 711,456 |
Schnitzer Steel Industries, Inc., Class A | 52,191 | 1,242,146 |
Schweitzer-Mauduit International, Inc. | 61,165 | 2,509,600 |
Sensient Technologies Corp. | 86,096 | 6,882,514 |
Silgan Holdings, Inc. | 73,515 | 4,382,964 |
Stepan Co. | 39,956 | 3,021,073 |
Stillwater Mining Co. * | 247,836 | 4,228,082 |
Summit Materials, Inc., Class A * | 208,469 | 4,980,324 |
SunCoke Energy, Inc. * | 134,549 | 1,311,853 |
TerraVia Holdings, Inc. *(a) | 163,899 | 153,573 |
The Chemours Co. | 357,842 | 12,044,962 |
The Scotts Miracle-Gro Co., Class A | 87,497 | 7,929,853 |
Security | Number of Shares | Value ($) |
TimkenSteel Corp. * | 71,016 | 1,485,655 |
Tredegar Corp. | 53,972 | 1,025,468 |
Trinseo S.A. | 87,816 | 6,072,476 |
Tronox Ltd., Class A | 137,463 | 2,382,234 |
United States Lime & Minerals, Inc. | 2,524 | 192,228 |
United States Steel Corp. | 339,161 | 13,132,314 |
US Concrete, Inc. * | 28,450 | 1,792,350 |
Valhi, Inc. | 33,112 | 110,263 |
Valvoline, Inc. (a) | 59,984 | 1,344,841 |
Worthington Industries, Inc. | 85,995 | 4,218,055 |
297,005,007 | ||
Media 2.0% | ||
AMC Entertainment Holdings, Inc., Class A | 105,509 | 3,307,707 |
AMC Networks, Inc., Class A * | 118,891 | 7,110,871 |
Cable One, Inc. | 9,248 | 5,783,884 |
Central European Media Enterprises Ltd., Class A *(a) | 165,043 | 470,373 |
Cinemark Holdings, Inc. | 212,620 | 8,902,399 |
Clear Channel Outdoor Holdings, Inc., Class A | 84,374 | 404,995 |
Entercom Communications Corp., Class A (a) | 54,602 | 854,521 |
Entravision Communications Corp., Class A | 141,241 | 755,639 |
Gannett Co., Inc. | 231,785 | 2,021,165 |
Global Eagle Entertainment, Inc. * | 131,175 | 574,547 |
Gray Television, Inc. * | 129,299 | 1,758,466 |
Hemisphere Media Group, Inc. * | 15,253 | 176,935 |
John Wiley & Sons, Inc., Class A | 91,893 | 4,796,815 |
Liberty Global plc LiLAC, Class A * | 97,356 | 2,380,354 |
Liberty Global plc LiLAC, Class C * | 226,285 | 5,564,348 |
Liberty Media Corp. - Liberty Braves, Class A * | 16,086 | 354,375 |
Liberty Media Corp. - Liberty Braves, Class C * | 71,138 | 1,564,325 |
Liberty Media Corp. - Liberty Formula One, Class A * | 49,646 | 1,494,841 |
Liberty Media Corp. - Liberty Formula One, Class C * | 80,483 | 2,470,828 |
Lions Gate Entertainment Corp., Class A | 107,601 | 2,880,479 |
Lions Gate Entertainment Corp., Class B * | 221,372 | 5,529,873 |
Loral Space & Communications, Inc. * | 25,029 | 1,023,686 |
Meredith Corp. | 72,745 | 4,561,111 |
MSG Networks, Inc., Class A * | 123,911 | 2,701,260 |
National CineMedia, Inc. | 114,032 | 1,463,031 |
New Media Investment Group, Inc. | 98,229 | 1,515,673 |
Nexstar Media Group, Inc. | 85,605 | 5,902,465 |
Regal Entertainment Group, Class A | 208,739 | 4,504,588 |
Scholastic Corp. | 52,986 | 2,387,549 |
Sinclair Broadcast Group, Inc., Class A | 120,884 | 4,823,272 |
The E.W. Scripps Co., Class A * | 106,401 | 2,450,415 |
The Madison Square Garden Co., Class A * | 29,187 | 5,234,980 |
The New York Times Co., Class A | 239,300 | 3,445,920 |
Time, Inc. | 193,457 | 3,395,170 |
tronc, Inc. *(a) | 49,899 | 728,525 |
World Wrestling Entertainment, Inc., Class A (a) | 71,196 | 1,493,692 |
104,789,077 | ||
Pharmaceuticals, Biotechnology & Life Sciences 6.3% | ||
ACADIA Pharmaceuticals, Inc. * | 185,849 | 7,082,705 |
Accelerate Diagnostics, Inc. *(a) | 51,190 | 1,305,345 |
Security | Number of Shares | Value ($) |
Acceleron Pharma, Inc. * | 66,976 | 1,789,599 |
Achillion Pharmaceuticals, Inc. * | 247,952 | 994,287 |
Aclaris Therapeutics, Inc. * | 27,653 | 863,603 |
Acorda Therapeutics, Inc. * | 90,643 | 2,397,507 |
Aduro Biotech, Inc. *(a) | 62,083 | 698,434 |
Advaxis, Inc. *(a) | 71,934 | 632,300 |
Aerie Pharmaceuticals, Inc. * | 63,190 | 2,992,046 |
Agenus, Inc. * | 155,883 | 660,944 |
Agios Pharmaceuticals, Inc. * | 63,937 | 3,097,108 |
Aimmune Therapeutics, Inc. * | 46,193 | 936,332 |
Akebia Therapeutics, Inc. * | 72,124 | 722,682 |
Akorn, Inc. * | 166,719 | 3,469,422 |
Albany Molecular Research, Inc. * | 51,484 | 770,715 |
Alder Biopharmaceuticals, Inc. * | 93,052 | 2,126,238 |
AMAG Pharmaceuticals, Inc. * | 67,652 | 1,518,787 |
Amicus Therapeutics, Inc. * | 267,636 | 1,736,958 |
Amphastar Pharmaceuticals, Inc. * | 72,042 | 1,114,490 |
ANI Pharmaceuticals, Inc. * | 16,497 | 974,478 |
AquaBounty Technologies, Inc. * | 1,763 | 25,070 |
Arena Pharmaceuticals, Inc. * | 520,048 | 821,676 |
Array BioPharma, Inc. * | 331,497 | 3,812,215 |
Arrowhead Pharmaceuticals, Inc. *(a) | 141,283 | 319,300 |
Atara Biotherapeutics, Inc. * | 43,199 | 667,425 |
Avexis, Inc. * | 32,442 | 1,989,343 |
Bellicum Pharmaceuticals, Inc. *(a) | 40,554 | 500,031 |
Bio-Rad Laboratories, Inc., Class A * | 40,450 | 7,873,188 |
Bio-Techne Corp. | 73,687 | 7,834,402 |
BioCryst Pharmaceuticals, Inc. * | 144,427 | 901,224 |
Bluebird Bio, Inc. * | 81,746 | 7,165,037 |
Blueprint Medicines Corp. * | 43,904 | 1,544,543 |
Bruker Corp. | 207,113 | 5,001,779 |
Cambrex Corp. * | 65,822 | 3,709,070 |
Catalent, Inc. * | 248,396 | 7,128,965 |
Celldex Therapeutics, Inc. * | 233,607 | 826,969 |
Cempra, Inc. * | 102,318 | 347,881 |
Charles River Laboratories International, Inc. * | 94,743 | 8,239,799 |
Chimerix, Inc. * | 61,054 | 346,787 |
Clovis Oncology, Inc. * | 89,449 | 5,171,047 |
Coherus Biosciences, Inc. * | 55,596 | 1,312,066 |
Corcept Therapeutics, Inc. * | 152,131 | 1,367,658 |
Cytokinetics, Inc. * | 77,768 | 824,341 |
CytomX Therapeutics, Inc. * | 48,414 | 605,175 |
Depomed, Inc. * | 129,819 | 2,127,733 |
Dermira, Inc. * | 50,004 | 1,684,635 |
Dynavax Technologies Corp. *(a) | 73,112 | 329,004 |
Eagle Pharmaceuticals, Inc. *(a) | 16,722 | 1,282,410 |
Edge Therapeutics, Inc. * | 46,483 | 454,139 |
Editas Medicine, Inc. *(a) | 31,603 | 787,863 |
Emergent BioSolutions, Inc. * | 71,734 | 2,251,013 |
Enanta Pharmaceuticals, Inc. * | 26,782 | 771,857 |
Endocyte, Inc. * | 53,427 | 109,525 |
Epizyme, Inc. * | 70,373 | 999,297 |
Esperion Therapeutics, Inc. * | 29,825 | 780,520 |
Exact Sciences Corp. *(a) | 208,100 | 4,478,312 |
Exelixis, Inc. * | 443,335 | 9,545,003 |
FibroGen, Inc. * | 96,627 | 2,415,675 |
Five Prime Therapeutics, Inc. * | 56,509 | 2,592,068 |
Flexion Therapeutics, Inc. * | 45,307 | 908,405 |
Fluidigm Corp. * | 56,157 | 368,390 |
Foundation Medicine, Inc. *(a) | 27,615 | 684,852 |
Genomic Health, Inc. * | 32,095 | 968,948 |
Global Blood Therapeutics, Inc. * | 40,614 | 1,131,100 |
Halozyme Therapeutics, Inc. * | 213,644 | 2,738,916 |
Heron Therapeutics, Inc. * | 68,036 | 972,915 |
Horizon Pharma plc * | 319,981 | 5,135,695 |
ImmunoGen, Inc. *(a) | 244,374 | 830,872 |
Impax Laboratories, Inc. * | 137,659 | 1,961,641 |
Security | Number of Shares | Value ($) |
INC Research Holdings, Inc., Class A * | 105,853 | 4,620,483 |
Innoviva, Inc. * | 157,146 | 1,815,036 |
Inovio Pharmaceuticals, Inc. *(a) | 140,701 | 991,942 |
Insmed, Inc. * | 134,032 | 2,135,130 |
Insys Therapeutics, Inc. *(a) | 42,064 | 536,737 |
Intellia Therapeutics, Inc. *(a) | 16,086 | 229,708 |
Intercept Pharmaceuticals, Inc. * | 33,453 | 4,268,268 |
Intersect ENT, Inc. * | 54,637 | 743,063 |
Intra-Cellular Therapies, Inc. * | 66,805 | 871,805 |
Intrexon Corp. *(a) | 118,276 | 2,632,824 |
Invitae Corp. *(a) | 51,891 | 534,996 |
Ironwood Pharmaceuticals, Inc. * | 262,218 | 4,428,862 |
Juno Therapeutics, Inc. *(a) | 154,325 | 3,709,973 |
Karyopharm Therapeutics, Inc. * | 36,965 | 383,327 |
Keryx Biopharmaceuticals, Inc. *(a) | 210,433 | 1,058,478 |
Kite Pharma, Inc. *(a) | 88,302 | 6,249,132 |
Lannett Co., Inc. *(a) | 60,383 | 1,328,426 |
Lexicon Pharmaceuticals, Inc. *(b) | 91,178 | 1,551,211 |
Ligand Pharmaceuticals, Inc., Class B * | 38,411 | 4,018,943 |
Lion Biotechnologies, Inc. * | 91,175 | 697,489 |
Loxo Oncology, Inc. * | 36,843 | 1,637,303 |
Luminex Corp. * | 74,836 | 1,390,453 |
MacroGenics, Inc. * | 52,213 | 1,103,783 |
MannKind Corp. * | 567,606 | 300,831 |
Medpace Holdings, Inc. * | 14,318 | 414,506 |
Merrimack Pharmaceuticals, Inc. *(a) | 216,095 | 663,412 |
MiMedx Group, Inc. *(a) | 210,182 | 1,801,260 |
Momenta Pharmaceuticals, Inc. * | 115,558 | 1,785,371 |
MyoKardia, Inc. * | 23,098 | 280,641 |
Myriad Genetics, Inc. * | 139,370 | 2,707,959 |
NantKwest, Inc. *(a) | 53,673 | 253,873 |
Natera, Inc. * | 49,934 | 477,369 |
Nektar Therapeutics * | 296,409 | 3,877,030 |
NeoGenomics, Inc. * | 107,686 | 869,026 |
Neurocrine Biosciences, Inc. * | 171,590 | 7,577,414 |
NewLink Genetics Corp. * | 42,244 | 663,653 |
Novan, Inc. *(a) | 7,776 | 44,012 |
Novavax, Inc. *(a) | 530,046 | 800,369 |
Omeros Corp. *(a) | 81,987 | 997,782 |
OncoMed Pharmaceuticals, Inc. * | 45,148 | 458,704 |
Ophthotech Corp. * | 70,377 | 251,950 |
Organovo Holdings, Inc. *(a) | 229,411 | 715,762 |
Osiris Therapeutics, Inc. *(a) | 31,467 | 180,935 |
Otonomy, Inc. * | 54,577 | 810,468 |
Pacific Biosciences of California, Inc. * | 151,231 | 763,717 |
Pacira Pharmaceuticals, Inc. * | 78,054 | 3,410,960 |
PAREXEL International Corp. * | 106,726 | 6,904,105 |
PDL BioPharma, Inc. | 320,174 | 685,172 |
Phibro Animal Health Corp., Class A | 33,395 | 930,051 |
Portola Pharmaceuticals, Inc. * | 108,062 | 3,747,590 |
PRA Health Sciences, Inc. * | 76,119 | 4,491,782 |
Prestige Brands Holdings, Inc. * | 105,908 | 5,996,511 |
Progenics Pharmaceuticals, Inc. * | 146,895 | 1,651,100 |
Prothena Corp. plc * | 68,006 | 3,988,552 |
PTC Therapeutics, Inc. * | 66,220 | 902,579 |
Puma Biotechnology, Inc. * | 54,571 | 2,002,756 |
Radius Health, Inc. * | 76,357 | 3,217,684 |
REGENXBIO, Inc. * | 42,399 | 780,142 |
Repligen Corp. * | 70,154 | 2,210,553 |
Retrophin, Inc. * | 74,610 | 1,586,955 |
Revance Therapeutics, Inc. * | 38,483 | 808,143 |
Sage Therapeutics, Inc. * | 63,348 | 4,269,655 |
Sangamo Therapeutics, Inc. * | 136,369 | 620,479 |
Sarepta Therapeutics, Inc. * | 98,252 | 3,056,620 |
SciClone Pharmaceuticals, Inc. * | 100,011 | 990,109 |
Seres Therapeutics, Inc. * | 43,111 | 417,314 |
Spark Therapeutics, Inc. * | 41,846 | 2,668,938 |
Spectrum Pharmaceuticals, Inc. * | 107,612 | 688,717 |
Security | Number of Shares | Value ($) |
Sucampo Pharmaceuticals, Inc., Class A * | 39,704 | 466,522 |
Supernus Pharmaceuticals, Inc. * | 94,141 | 2,419,424 |
Synergy Pharmaceuticals, Inc. * | 393,654 | 2,279,257 |
TESARO, Inc. * | 66,617 | 12,548,644 |
Tetraphase Pharmaceuticals, Inc. * | 76,156 | 393,726 |
The Medicines Co. * | 137,746 | 7,220,645 |
TherapeuticsMD, Inc. *(a) | 287,958 | 1,808,376 |
Theravance Biopharma, Inc. * | 68,811 | 2,106,993 |
Ultragenyx Pharmaceutical, Inc. * | 76,720 | 6,527,338 |
Vanda Pharmaceuticals, Inc. * | 88,149 | 1,256,123 |
Versartis, Inc. * | 55,018 | 1,202,143 |
Voyager Therapeutics, Inc. * | 9,943 | 128,762 |
VWR Corp. * | 168,817 | 4,743,758 |
WaVe Life Sciences Ltd. *(a) | 19,064 | 573,826 |
XBiotech, Inc. *(a) | 36,679 | 494,800 |
Xencor, Inc. * | 67,093 | 1,667,261 |
ZIOPHARM Oncology, Inc. *(a) | 232,697 | 1,477,626 |
327,504,866 | ||
Real Estate 9.5% | ||
Acadia Realty Trust | 163,432 | 5,234,727 |
Agree Realty Corp. | 53,713 | 2,665,776 |
Alexander & Baldwin, Inc. | 90,710 | 4,066,529 |
Alexander's, Inc. | 6,891 | 3,012,401 |
Altisource Portfolio Solutions S.A. * | 20,116 | 483,387 |
American Assets Trust, Inc. | 78,518 | 3,454,792 |
Apple Hospitality REIT, Inc. | 307,398 | 6,037,297 |
Armada Hoffler Properties, Inc. | 75,107 | 1,047,743 |
Ashford Hospitality Prime, Inc. | 54,516 | 711,434 |
Ashford Hospitality Trust, Inc. | 153,898 | 1,011,110 |
Brandywine Realty Trust | 340,656 | 5,675,329 |
Care Capital Properties, Inc. | 163,883 | 4,308,484 |
CareTrust REIT, Inc. | 110,742 | 1,747,509 |
CBL & Associates Properties, Inc. | 334,827 | 3,358,315 |
Cedar Realty Trust, Inc. | 150,072 | 880,923 |
Chatham Lodging Trust | 75,391 | 1,510,082 |
Chesapeake Lodging Trust | 118,995 | 2,874,919 |
Colony NorthStar, Inc., Class A | 1,080,913 | 15,867,803 |
Colony Starwood Homes | 101,596 | 3,342,508 |
Columbia Property Trust, Inc. | 249,175 | 5,753,451 |
CoreCivic, Inc. | 229,535 | 7,735,329 |
CoreSite Realty Corp. | 66,183 | 5,961,103 |
Corporate Office Properties Trust | 186,664 | 6,363,376 |
Cousins Properties, Inc. | 704,139 | 6,020,388 |
CubeSmart | 357,122 | 9,731,574 |
CyrusOne, Inc. | 147,403 | 7,502,813 |
DCT Industrial Trust, Inc. | 179,275 | 8,576,516 |
DiamondRock Hospitality Co. | 397,705 | 4,323,053 |
DuPont Fabros Technology, Inc. | 143,947 | 7,411,831 |
Easterly Government Properties, Inc. | 54,680 | 1,130,236 |
EastGroup Properties, Inc. | 68,885 | 5,120,911 |
Education Realty Trust, Inc. | 142,550 | 6,008,482 |
Empire State Realty Trust, Inc., Class A | 234,958 | 5,124,434 |
EPR Properties | 128,856 | 9,916,758 |
Equity Commonwealth * | 242,011 | 7,565,264 |
Equity One, Inc. | 184,948 | 5,855,454 |
FelCor Lodging Trust, Inc. | 259,885 | 1,884,166 |
First Industrial Realty Trust, Inc. | 228,570 | 6,148,533 |
First Potomac Realty Trust | 104,787 | 1,046,822 |
Forestar Group, Inc. * | 60,431 | 803,732 |
Four Corners Property Trust, Inc. | 124,423 | 2,759,702 |
Franklin Street Properties Corp. | 217,136 | 2,690,315 |
FRP Holdings, Inc. * | 11,997 | 451,087 |
Getty Realty Corp. | 56,655 | 1,495,125 |
Global Net Lease, Inc. | 341,332 | 2,798,922 |
Government Properties Income Trust | 130,836 | 2,696,530 |
Gramercy Property Trust | 275,866 | 7,713,213 |
Security | Number of Shares | Value ($) |
Healthcare Realty Trust, Inc. | 228,109 | 7,290,364 |
Healthcare Trust of America, Inc., Class A | 283,987 | 9,135,862 |
Hersha Hospitality Trust | 89,763 | 1,751,276 |
HFF, Inc., Class A | 74,390 | 2,205,664 |
Hospitality Properties Trust | 325,650 | 10,349,157 |
Hudson Pacific Properties, Inc. | 292,291 | 10,692,005 |
InfraREIT, Inc. | 76,324 | 1,270,795 |
Investors Real Estate Trust | 263,161 | 1,710,547 |
iStar, Inc. * | 140,133 | 1,687,201 |
Kennedy-Wilson Holdings, Inc. | 175,616 | 3,872,333 |
Kite Realty Group Trust | 173,569 | 3,931,338 |
LaSalle Hotel Properties | 224,338 | 6,483,368 |
Lexington Realty Trust | 439,225 | 4,901,751 |
Life Storage, Inc. | 93,018 | 8,244,185 |
LTC Properties, Inc. | 75,418 | 3,638,164 |
Mack-Cali Realty Corp. | 170,435 | 4,968,180 |
Marcus & Millichap, Inc. * | 25,920 | 708,912 |
MedEquities Realty Trust, Inc. | 37,268 | 406,594 |
Medical Properties Trust, Inc. | 621,524 | 8,340,852 |
Monmouth Real Estate Investment Corp., Class A | 133,032 | 1,942,267 |
Monogram Residential Trust, Inc. | 316,903 | 3,260,932 |
National Health Investors, Inc. | 77,763 | 5,888,214 |
National Storage Affiliates Trust | 85,758 | 2,077,059 |
New Senior Investment Group, Inc. | 170,723 | 1,809,664 |
NorthStar Realty Europe Corp. | 113,875 | 1,382,443 |
One Liberty Properties, Inc. | 25,668 | 630,663 |
Outfront Media, Inc. | 271,042 | 7,033,540 |
Paramount Group, Inc. | 359,708 | 6,269,710 |
Parkway, Inc. * | 87,589 | 1,837,617 |
Pebblebrook Hotel Trust | 145,630 | 4,186,862 |
Pennsylvania Real Estate Investment Trust | 138,004 | 2,277,066 |
Physicians Realty Trust | 266,662 | 5,311,907 |
Piedmont Office Realty Trust, Inc., Class A | 290,085 | 6,654,550 |
Potlatch Corp. | 80,082 | 3,543,628 |
PS Business Parks, Inc. | 39,859 | 4,632,014 |
QTS Realty Trust, Inc., Class A | 92,795 | 4,881,017 |
Quality Care Properties, Inc. * | 195,652 | 3,713,475 |
RAIT Financial Trust | 150,106 | 504,356 |
Ramco-Gershenson Properties Trust | 146,972 | 2,301,582 |
Rayonier, Inc. | 246,826 | 7,069,097 |
RE/MAX Holdings, Inc., Class A | 35,416 | 2,036,420 |
Retail Opportunity Investments Corp. | 209,745 | 4,614,390 |
Retail Properties of America, Inc., Class A | 474,651 | 7,314,372 |
Rexford Industrial Realty, Inc. | 127,036 | 2,919,287 |
RLJ Lodging Trust | 244,595 | 5,566,982 |
RMR Group, Inc., Class A | 13,790 | 722,596 |
Ryman Hospitality Properties, Inc. | 101,696 | 6,556,341 |
Sabra Health Care REIT, Inc. | 136,153 | 3,703,362 |
Saul Centers, Inc. | 20,761 | 1,329,534 |
Select Income REIT | 124,628 | 3,240,328 |
Seritage Growth Properties, Class A (a) | 47,253 | 2,196,319 |
Silver Bay Realty Trust Corp. | 63,555 | 1,368,339 |
STAG Industrial, Inc. | 146,690 | 3,789,003 |
STORE Capital Corp. | 312,459 | 7,783,354 |
Summit Hotel Properties, Inc. | 162,685 | 2,503,722 |
Sunstone Hotel Investors, Inc. | 432,051 | 6,372,752 |
Tanger Factory Outlet Centers, Inc. | 192,200 | 6,509,814 |
Tejon Ranch Co. * | 30,311 | 698,669 |
Terreno Realty Corp. | 88,056 | 2,439,151 |
The GEO Group, Inc. | 147,570 | 7,025,808 |
The Howard Hughes Corp. * | 71,100 | 8,273,907 |
The St. Joe Co. * | 142,717 | 2,361,966 |
Tier REIT, Inc. | 93,032 | 1,682,019 |
Uniti Group, Inc. | 274,504 | 7,952,381 |
Universal Health Realty Income Trust | 21,735 | 1,394,952 |
Urban Edge Properties | 174,809 | 4,847,454 |
Urstadt Biddle Properties, Inc. | 12,161 | 215,919 |
Security | Number of Shares | Value ($) |
Urstadt Biddle Properties, Inc., Class A | 55,136 | 1,228,430 |
Washington Prime Group, Inc. | 375,019 | 3,476,426 |
Washington Real Estate Investment Trust | 149,113 | 4,877,486 |
Whitestone REIT | 48,305 | 683,999 |
Xenia Hotels & Resorts, Inc. | 211,689 | 3,719,376 |
496,081,257 | ||
Retailing 3.1% | ||
1-800-Flowers.com, Inc., Class A * | 58,531 | 585,310 |
Aaron's, Inc. | 123,649 | 3,373,145 |
Abercrombie & Fitch Co., Class A | 131,097 | 1,567,920 |
America's Car-Mart, Inc. * | 14,343 | 456,825 |
American Eagle Outfitters, Inc. | 326,876 | 5,180,985 |
Asbury Automotive Group, Inc. * | 41,845 | 2,726,202 |
Ascena Retail Group, Inc. * | 324,014 | 1,490,464 |
At Home Group, Inc. * | 20,912 | 314,307 |
Barnes & Noble Education, Inc. * | 77,837 | 747,235 |
Barnes & Noble, Inc. | 104,862 | 1,027,648 |
Big Lots, Inc. | 88,413 | 4,539,123 |
Boot Barn Holdings, Inc. * | 20,749 | 213,092 |
Cabela's, Inc. * | 101,603 | 4,759,085 |
Caleres, Inc. | 80,140 | 2,393,782 |
Camping World Holdings, Inc., Class A | 24,638 | 866,518 |
Chico's FAS, Inc. | 262,807 | 3,805,445 |
Conn's, Inc. *(a) | 69,237 | 661,213 |
Core-Mark Holding Co., Inc. | 88,181 | 2,867,646 |
CST Brands, Inc. | 148,723 | 7,158,038 |
Dillard's, Inc., Class A | 53,697 | 2,927,560 |
DSW, Inc., Class A | 150,671 | 3,168,611 |
Duluth Holdings, Inc., Class B *(a) | 15,954 | 336,470 |
Etsy, Inc. * | 189,983 | 2,302,594 |
Express, Inc. * | 166,939 | 1,876,394 |
Five Below, Inc. * | 104,165 | 4,015,561 |
Francesca's Holdings Corp. * | 80,008 | 1,357,736 |
Fred's, Inc., Class A (a) | 72,787 | 1,290,514 |
FTD Cos., Inc. * | 40,459 | 977,489 |
GameStop Corp., Class A | 198,825 | 4,859,283 |
Genesco, Inc. * | 43,586 | 2,541,064 |
GNC Holdings, Inc., Class A | 115,004 | 954,533 |
Group 1 Automotive, Inc. | 39,274 | 3,051,197 |
Groupon, Inc. * | 771,054 | 3,261,558 |
Guess?, Inc. | 127,943 | 1,624,876 |
Haverty Furniture Cos., Inc. | 41,959 | 973,449 |
Hibbett Sports, Inc. * | 49,017 | 1,446,001 |
HSN, Inc. | 61,189 | 2,306,825 |
J.C. Penney Co., Inc. *(a) | 616,702 | 3,909,891 |
Lands' End, Inc. *(a) | 36,695 | 680,692 |
Liberty Expedia Holdings, Inc., Class A * | 101,431 | 4,389,934 |
Liberty TripAdvisor Holdings, Inc., Class A * | 140,404 | 1,888,434 |
Lithia Motors, Inc., Class A | 45,027 | 4,307,733 |
Lumber Liquidators Holdings, Inc. *(a) | 50,051 | 887,404 |
MarineMax, Inc. * | 50,361 | 1,133,122 |
Monro Muffler Brake, Inc. | 63,144 | 3,630,780 |
Murphy USA, Inc. * | 73,094 | 4,656,088 |
Nutrisystem, Inc. | 60,701 | 2,822,596 |
Office Depot, Inc. | 1,068,809 | 4,456,934 |
Ollie's Bargain Outlet Holdings, Inc. * | 93,459 | 2,929,940 |
Overstock.com, Inc. * | 39,631 | 731,192 |
Party City Holdco, Inc. * | 52,865 | 763,899 |
Penske Automotive Group, Inc. | 73,278 | 3,685,883 |
PetMed Express, Inc. | 40,496 | 852,846 |
Pier 1 Imports, Inc. | 137,873 | 927,885 |
Pool Corp. | 80,983 | 9,289,560 |
Rent-A-Center, Inc. | 102,221 | 886,256 |
RH *(a) | 73,687 | 2,243,032 |
Sears Holdings Corp. *(a) | 81,329 | 637,619 |
Security | Number of Shares | Value ($) |
Sears Hometown & Outlet Stores, Inc. * | 15,678 | 58,009 |
Select Comfort Corp. * | 96,691 | 2,271,272 |
Shoe Carnival, Inc. | 24,121 | 611,226 |
Shutterfly, Inc. * | 69,752 | 3,165,346 |
Sonic Automotive, Inc., Class A | 57,776 | 1,253,739 |
Sportsman's Warehouse Holdings, Inc. * | 60,276 | 292,339 |
Stage Stores, Inc. | 43,972 | 102,455 |
Stein Mart, Inc. | 58,456 | 210,442 |
Tailored Brands, Inc. | 93,444 | 2,159,491 |
The Buckle, Inc. (a) | 50,763 | 1,007,646 |
The Cato Corp., Class A | 48,193 | 1,205,307 |
The Children's Place, Inc. | 35,333 | 3,579,233 |
The Container Store Group, Inc. *(a) | 40,697 | 170,927 |
The Finish Line, Inc., Class A | 84,622 | 1,379,339 |
Tile Shop Holdings, Inc. * | 56,813 | 999,909 |
Tuesday Morning Corp. * | 92,907 | 339,111 |
Vitamin Shoppe, Inc. * | 47,088 | 1,002,974 |
Wayfair, Inc., Class A *(a) | 60,544 | 2,289,169 |
Weyco Group, Inc. | 10,256 | 280,809 |
Winmark Corp. | 3,842 | 435,875 |
Zumiez, Inc. * | 34,094 | 695,518 |
163,227,554 | ||
Semiconductors & Semiconductor Equipment 3.2% | ||
Advanced Energy Industries, Inc. * | 80,127 | 4,975,887 |
Amkor Technology, Inc. * | 261,355 | 2,566,506 |
Brooks Automation, Inc. | 144,420 | 3,012,601 |
Cabot Microelectronics Corp. | 47,568 | 3,292,657 |
Cavium, Inc. * | 130,634 | 8,557,833 |
CEVA, Inc. * | 45,283 | 1,512,452 |
Cirrus Logic, Inc. * | 127,104 | 6,873,784 |
Cohu, Inc. | 46,649 | 776,706 |
Cree, Inc. * | 196,463 | 5,332,006 |
Cypress Semiconductor Corp. | 646,261 | 8,575,884 |
Diodes, Inc. * | 85,361 | 2,037,567 |
Entegris, Inc. * | 265,590 | 5,630,508 |
Exar Corp. * | 88,240 | 922,990 |
FormFactor, Inc. * | 146,041 | 1,555,337 |
Inphi Corp. * | 76,848 | 3,607,245 |
Integrated Device Technology, Inc. * | 268,268 | 6,414,288 |
IXYS Corp. | 52,209 | 644,781 |
Kulicke & Soffa Industries, Inc. * | 126,501 | 2,589,476 |
Lattice Semiconductor Corp. * | 231,032 | 1,633,396 |
MACOM Technology Solutions Holdings, Inc. * | 67,279 | 3,100,889 |
MaxLinear, Inc., Class A * | 102,707 | 2,674,490 |
Microsemi Corp. * | 228,054 | 11,817,758 |
MKS Instruments, Inc. | 106,429 | 6,981,742 |
Monolithic Power Systems, Inc. | 72,901 | 6,413,101 |
Nanometrics, Inc. * | 48,383 | 1,316,501 |
NeoPhotonics Corp. * | 62,665 | 636,050 |
ON Semiconductor Corp. * | 809,690 | 12,250,610 |
PDF Solutions, Inc. * | 56,257 | 1,202,775 |
Photronics, Inc. * | 128,993 | 1,380,225 |
Power Integrations, Inc. | 53,415 | 3,375,828 |
Rambus, Inc. * | 209,308 | 2,628,909 |
Rudolph Technologies, Inc. * | 65,212 | 1,402,058 |
Semtech Corp. * | 129,557 | 4,333,682 |
Silicon Laboratories, Inc. * | 84,602 | 5,710,635 |
SolarEdge Technologies, Inc. *(a) | 58,976 | 863,998 |
SunPower Corp. *(a) | 85,099 | 745,467 |
Synaptics, Inc. * | 71,613 | 3,806,231 |
Teradyne, Inc. | 408,125 | 11,607,075 |
Ultratech, Inc. * | 53,584 | 1,545,898 |
Veeco Instruments, Inc. * | 73,025 | 1,997,234 |
Security | Number of Shares | Value ($) |
Versum Materials, Inc. * | 206,750 | 6,266,593 |
Xperi Corp. | 92,824 | 3,327,740 |
165,897,393 | ||
Software & Services 7.6% | ||
2U, Inc. * | 85,303 | 3,117,825 |
8x8, Inc. * | 177,252 | 2,676,505 |
A10 Networks, Inc. * | 75,829 | 717,342 |
ACI Worldwide, Inc. * | 235,267 | 4,604,175 |
Actua Corp. * | 61,451 | 841,879 |
Acxiom Corp. * | 147,597 | 4,209,466 |
Alarm.com Holdings, Inc. * | 26,552 | 757,794 |
Angie's List, Inc. * | 66,442 | 354,136 |
Aspen Technology, Inc. * | 152,032 | 8,839,140 |
Bankrate, Inc. * | 104,659 | 1,140,783 |
Barracuda Networks, Inc. * | 59,881 | 1,416,784 |
Bazaarvoice, Inc. * | 175,604 | 781,438 |
Benefitfocus, Inc. * | 31,670 | 840,839 |
Black Knight Financial Services, Inc., Class A * | 49,860 | 1,919,610 |
Blackbaud, Inc. | 94,493 | 6,758,139 |
Blackhawk Network Holdings, Inc. * | 107,718 | 3,926,321 |
Blackline, Inc. * | 16,940 | 483,298 |
Blucora, Inc. * | 76,445 | 1,192,542 |
Booz Allen Hamilton Holding Corp. | 289,781 | 10,365,466 |
Bottomline Technologies (DE), Inc. * | 75,154 | 1,875,092 |
Box, Inc., Class A * | 116,864 | 2,059,144 |
BroadSoft, Inc. * | 63,115 | 2,701,322 |
CACI International, Inc., Class A * | 47,207 | 5,919,758 |
Callidus Software, Inc. * | 129,651 | 2,443,921 |
Carbonite, Inc. * | 52,389 | 1,018,966 |
Cardtronics plc, Class A * | 90,152 | 3,973,900 |
Cass Information Systems, Inc. | 19,324 | 1,259,345 |
ChannelAdvisor Corp. * | 57,301 | 615,986 |
CommerceHub, Inc., Series A * | 24,830 | 409,695 |
CommerceHub, Inc., Series C * | 49,732 | 813,118 |
CommVault Systems, Inc. * | 84,767 | 4,157,821 |
Convergys Corp. | 186,595 | 4,082,699 |
CoreLogic, Inc. * | 169,958 | 6,660,654 |
Cornerstone OnDemand, Inc. * | 95,799 | 4,001,524 |
Coupa Software, Inc. *(a) | 14,052 | 371,675 |
CSG Systems International, Inc. | 62,934 | 2,480,229 |
DHI Group, Inc. * | 111,688 | 552,856 |
DST Systems, Inc. | 65,184 | 7,796,006 |
Ebix, Inc. (a) | 47,187 | 2,949,188 |
Ellie Mae, Inc. * | 64,330 | 6,147,375 |
Endurance International Group Holdings, Inc. * | 147,550 | 1,254,175 |
EnerNOC, Inc. * | 47,007 | 256,188 |
Envestnet, Inc. * | 83,498 | 3,227,198 |
EPAM Systems, Inc. * | 89,010 | 6,553,806 |
Euronet Worldwide, Inc. * | 104,293 | 8,633,375 |
Everbridge, Inc. * | 13,932 | 265,265 |
Everi Holdings, Inc. * | 139,172 | 452,309 |
EVERTEC, Inc. | 120,988 | 2,038,648 |
ExlService Holdings, Inc. * | 63,582 | 2,839,572 |
Fair Isaac Corp. | 61,449 | 7,992,671 |
FireEye, Inc. * | 301,061 | 3,389,947 |
First Data Corp., Class A * | 372,760 | 6,001,436 |
Five9, Inc. * | 73,506 | 1,169,480 |
Forrester Research, Inc. | 15,580 | 568,670 |
Genpact Ltd. * | 269,159 | 6,524,414 |
Gigamon, Inc. * | 61,893 | 2,107,457 |
GoDaddy, Inc., Class A * | 97,325 | 3,586,426 |
Gogo, Inc. *(a) | 117,769 | 1,248,351 |
GrubHub, Inc. * | 167,521 | 5,873,286 |
GTT Communications, Inc. * | 46,693 | 1,302,735 |
Security | Number of Shares | Value ($) |
Guidewire Software, Inc. * | 139,603 | 7,627,908 |
Hortonworks, Inc. * | 94,591 | 940,235 |
HubSpot, Inc. * | 60,144 | 3,578,568 |
Imperva, Inc. * | 57,047 | 2,338,927 |
Instructure, Inc. * | 8,802 | 201,566 |
Internap Corp. * | 159,010 | 357,773 |
j2 Global, Inc. | 95,194 | 7,750,695 |
Jive Software, Inc. * | 88,168 | 387,939 |
Liquidity Services, Inc. * | 44,857 | 365,585 |
LivePerson, Inc. * | 106,096 | 747,977 |
LogMeIn, Inc. | 101,951 | 9,354,004 |
Manhattan Associates, Inc. * | 142,807 | 7,161,771 |
ManTech International Corp., Class A | 52,832 | 1,934,708 |
Match Group, Inc. *(a) | 77,849 | 1,258,040 |
MAXIMUS, Inc. | 124,848 | 7,449,680 |
Mentor Graphics Corp. | 214,754 | 7,967,373 |
MicroStrategy, Inc., Class A * | 17,701 | 3,396,468 |
MoneyGram International, Inc. * | 63,864 | 814,905 |
Monotype Imaging Holdings, Inc. | 76,728 | 1,546,069 |
NeuStar, Inc., Class A * | 112,145 | 3,717,607 |
New Relic, Inc. * | 58,066 | 2,042,762 |
NIC, Inc. | 121,006 | 2,553,227 |
Nutanix, Inc., Class A *(a) | 40,371 | 1,210,726 |
Pandora Media, Inc. * | 453,989 | 5,620,384 |
Paycom Software, Inc. * | 77,995 | 4,198,471 |
Paylocity Holding Corp. * | 50,163 | 1,768,747 |
Pegasystems, Inc. | 71,575 | 3,077,725 |
Perficient, Inc. * | 77,763 | 1,412,954 |
Progress Software Corp. | 99,697 | 2,859,310 |
Proofpoint, Inc. * | 83,327 | 6,563,668 |
PROS Holdings, Inc. * | 53,683 | 1,247,056 |
PTC, Inc. * | 224,441 | 12,095,125 |
Q2 Holdings, Inc. * | 56,525 | 2,032,074 |
Qualys, Inc. * | 60,387 | 2,110,526 |
Quotient Technology, Inc. * | 136,159 | 1,620,292 |
Rapid7, Inc. * | 35,898 | 543,855 |
RealNetworks, Inc. * | 47,369 | 232,108 |
RealPage, Inc. * | 109,412 | 3,692,655 |
RetailMeNot, Inc. * | 80,897 | 724,028 |
RingCentral, Inc., Class A * | 115,788 | 3,091,540 |
Rocket Fuel, Inc. * | 10,505 | 29,624 |
Science Applications International Corp. | 88,582 | 7,703,977 |
ServiceSource International, Inc. * | 140,492 | 553,538 |
Shutterstock, Inc. * | 38,057 | 1,659,666 |
Silver Spring Networks, Inc. * | 74,853 | 917,698 |
SPS Commerce, Inc. * | 32,105 | 1,776,370 |
Square, Inc., Class A * | 25,002 | 433,035 |
Stamps.com, Inc. * | 30,962 | 3,904,308 |
Sykes Enterprises, Inc. * | 85,415 | 2,324,996 |
Synchronoss Technologies, Inc. * | 81,809 | 2,215,388 |
Syntel, Inc. | 61,206 | 1,082,734 |
Tableau Software, Inc., Class A * | 109,468 | 5,773,342 |
Take-Two Interactive Software, Inc. * | 201,496 | 11,481,242 |
Tangoe, Inc. * | 45,744 | 262,113 |
TeleTech Holdings, Inc. | 34,775 | 1,053,683 |
The Rubicon Project, Inc. * | 87,008 | 760,450 |
TiVo Corp. | 236,837 | 4,381,484 |
Travelport Worldwide Ltd. | 229,146 | 2,910,154 |
TrueCar, Inc. * | 113,907 | 1,601,532 |
Twilio, Inc., Class A *(a) | 26,128 | 828,780 |
Unisys Corp. * | 99,817 | 1,387,456 |
Varonis Systems, Inc. * | 34,974 | 958,288 |
VASCO Data Security International, Inc. * | 56,193 | 730,509 |
Verint Systems, Inc. * | 118,925 | 4,489,419 |
VirnetX Holding Corp. *(a) | 86,779 | 195,253 |
Virtusa Corp. * | 51,131 | 1,585,572 |
Web.com Group, Inc. * | 99,764 | 1,920,457 |
WebMD Health Corp. * | 72,633 | 3,769,653 |
Security | Number of Shares | Value ($) |
WEX, Inc. * | 74,358 | 8,270,840 |
Workiva, Inc. * | 37,090 | 554,496 |
XO Group, Inc. * | 46,940 | 865,104 |
Yelp, Inc. * | 119,398 | 4,023,713 |
Zendesk, Inc. * | 151,404 | 4,122,731 |
Zynga, Inc., Class A * | 1,553,180 | 4,115,927 |
398,757,728 | ||
Technology Hardware & Equipment 5.2% | ||
3D Systems Corp. * | 216,898 | 3,296,850 |
Acacia Communications, Inc. *(a) | 25,133 | 1,305,659 |
ADTRAN, Inc. | 91,336 | 1,931,756 |
Aerohive Networks, Inc. * | 41,711 | 198,127 |
Anixter International, Inc. * | 56,082 | 4,671,631 |
ARRIS International plc * | 380,698 | 9,822,008 |
Avid Technology, Inc. * | 48,311 | 271,508 |
AVX Corp. | 85,958 | 1,334,068 |
Badger Meter, Inc. | 57,235 | 2,094,801 |
Belden, Inc. | 85,916 | 6,069,965 |
Benchmark Electronics, Inc. * | 95,795 | 2,979,225 |
Black Box Corp. | 36,724 | 330,516 |
Brocade Communications Systems, Inc. | 790,236 | 9,727,805 |
CalAmp Corp. * | 74,676 | 1,210,498 |
Calix, Inc. * | 96,482 | 665,726 |
Ciena Corp. * | 269,240 | 7,091,782 |
Cognex Corp. | 173,273 | 13,309,099 |
Coherent, Inc. * | 48,468 | 8,849,287 |
Comtech Telecommunications Corp. | 48,789 | 556,683 |
Control4 Corp. * | 30,811 | 460,008 |
CPI Card Group, Inc. (a) | 28,536 | 128,412 |
Cray, Inc. * | 81,382 | 1,696,815 |
CTS Corp. | 61,976 | 1,357,274 |
Daktronics, Inc. | 79,453 | 744,475 |
Diebold Nixdorf, Inc. | 150,981 | 4,559,626 |
Dolby Laboratories, Inc., Class A | 114,214 | 5,583,922 |
Eastman Kodak Co. * | 74,490 | 1,068,932 |
EchoStar Corp., Class A * | 91,584 | 4,878,680 |
Electronics For Imaging, Inc. * | 91,964 | 4,236,781 |
ePlus, Inc. * | 13,963 | 1,772,603 |
Extreme Networks, Inc. * | 209,729 | 1,310,806 |
Fabrinet * | 75,017 | 3,116,956 |
FARO Technologies, Inc. * | 34,227 | 1,180,832 |
Finisar Corp. * | 211,408 | 7,077,940 |
Fitbit, Inc., Class A * | 267,975 | 1,664,125 |
Harmonic, Inc. * | 148,940 | 804,276 |
II-VI, Inc. * | 108,133 | 3,849,535 |
Infinera Corp. * | 301,224 | 3,268,280 |
Insight Enterprises, Inc. * | 68,032 | 2,881,836 |
InterDigital, Inc. | 67,818 | 5,700,103 |
InvenSense, Inc. * | 172,704 | 2,132,894 |
IPG Photonics Corp. * | 73,778 | 8,727,937 |
Itron, Inc. * | 65,003 | 4,205,694 |
Ixia * | 121,190 | 2,375,324 |
Knowles Corp. * | 186,644 | 3,533,171 |
Littelfuse, Inc. | 44,647 | 7,208,258 |
Lumentum Holdings, Inc. * | 106,689 | 4,897,025 |
Maxwell Technologies, Inc. * | 64,831 | 329,341 |
Methode Electronics, Inc. | 74,864 | 3,106,856 |
MTS Systems Corp. | 33,553 | 1,843,737 |
NETGEAR, Inc. * | 65,122 | 3,568,686 |
NetScout Systems, Inc. * | 185,744 | 6,863,241 |
Nimble Storage, Inc. * | 130,921 | 1,187,453 |
Novanta, Inc. * | 54,518 | 1,324,787 |
Oclaro, Inc. * | 254,647 | 2,164,500 |
OSI Systems, Inc. * | 36,812 | 2,776,361 |
Park Electrochemical Corp. | 25,319 | 484,099 |
PC Connection, Inc. | 21,575 | 577,347 |
Security | Number of Shares | Value ($) |
Plantronics, Inc. | 65,276 | 3,496,183 |
Plexus Corp. * | 66,114 | 3,707,012 |
Pure Storage, Inc., Class A * | 143,956 | 1,641,098 |
Quantenna Communications, Inc. * | 14,632 | 306,394 |
Quantum Corp. * | 489,064 | 425,486 |
Rogers Corp. * | 36,393 | 3,002,786 |
Sanmina Corp. * | 143,539 | 5,598,021 |
ScanSource, Inc. * | 51,751 | 2,082,978 |
ShoreTel, Inc. * | 124,386 | 808,509 |
Sonus Networks, Inc. * | 103,403 | 610,078 |
Super Micro Computer, Inc. * | 72,772 | 1,892,072 |
SYNNEX Corp. | 56,079 | 6,556,757 |
Systemax, Inc. | 19,047 | 150,471 |
Tech Data Corp. * | 69,905 | 6,081,735 |
TTM Technologies, Inc. * | 153,766 | 2,484,859 |
Ubiquiti Networks, Inc. * | 52,987 | 2,603,781 |
Universal Display Corp. * | 87,772 | 7,447,454 |
VeriFone Systems, Inc. * | 216,968 | 4,484,729 |
ViaSat, Inc. * | 103,283 | 7,110,002 |
Viavi Solutions, Inc. * | 460,823 | 4,617,446 |
Vishay Intertechnology, Inc. | 253,342 | 4,015,471 |
Zebra Technologies Corp., Class A * | 104,914 | 9,516,749 |
269,005,993 | ||
Telecommunication Services 0.6% | ||
ATN International, Inc. | 21,534 | 1,472,710 |
Cincinnati Bell, Inc. * | 77,878 | 1,503,045 |
Cogent Communications Holdings, Inc. | 79,742 | 3,305,306 |
Consolidated Communications Holdings, Inc. (a) | 101,291 | 2,284,112 |
FairPoint Communications, Inc. * | 44,971 | 712,790 |
General Communication, Inc., Class A * | 59,194 | 1,192,759 |
Globalstar, Inc. *(a) | 544,648 | 746,168 |
IDT Corp., Class B | 40,648 | 784,506 |
Intelsat S.A. *(a) | 83,092 | 413,798 |
Iridium Communications, Inc. * | 166,795 | 1,451,117 |
NII Holdings, Inc. * | 222,825 | 445,650 |
ORBCOMM, Inc. * | 109,763 | 940,669 |
pdvWireless, Inc. * | 18,195 | 468,521 |
Shenandoah Telecommunications Co. | 89,534 | 2,515,906 |
Spok Holdings, Inc. | 40,491 | 736,936 |
Telephone & Data Systems, Inc. | 186,694 | 5,046,339 |
United States Cellular Corp. * | 24,335 | 909,886 |
Vonage Holdings Corp. * | 379,471 | 2,284,416 |
Windstream Holdings, Inc. (a) | 347,463 | 2,595,549 |
29,810,183 | ||
Transportation 1.6% | ||
Air Transport Services Group, Inc. * | 91,916 | 1,564,410 |
Allegiant Travel Co. | 26,405 | 4,597,110 |
ArcBest Corp. | 47,456 | 1,392,834 |
Atlas Air Worldwide Holdings, Inc. * | 47,429 | 2,696,339 |
Celadon Group, Inc. | 28,356 | 228,266 |
Echo Global Logistics, Inc. * | 58,296 | 1,273,768 |
Forward Air Corp. | 60,338 | 2,989,748 |
Hawaiian Holdings, Inc. * | 104,410 | 5,079,546 |
Heartland Express, Inc. | 86,540 | 1,794,840 |
Hub Group, Inc., Class A * | 66,958 | 3,381,379 |
Kirby Corp. * | 105,569 | 7,305,375 |
Knight Transportation, Inc. | 129,734 | 4,242,302 |
Landstar System, Inc. | 82,680 | 7,176,624 |
Marten Transport Ltd. | 49,894 | 1,224,898 |
Matson, Inc. | 83,106 | 2,819,787 |
Park-Ohio Holdings Corp. | 18,957 | 846,430 |
Roadrunner Transportation Systems, Inc. * | 74,093 | 558,661 |
Ryder System, Inc. | 105,042 | 7,998,948 |
Security | Number of Shares | Value ($) |
Saia, Inc. * | 49,858 | 2,410,634 |
SkyWest, Inc. | 106,122 | 3,730,188 |
Spirit Airlines, Inc. * | 138,583 | 7,235,418 |
Swift Transportation Co. * | 160,505 | 3,486,169 |
Universal Logistics Holdings, Inc. | 6,262 | 85,476 |
Werner Enterprises, Inc. | 88,103 | 2,466,884 |
XPO Logistics, Inc. * | 160,159 | 8,166,507 |
84,752,541 | ||
Utilities 3.3% | ||
ALLETE, Inc. | 99,307 | 6,674,423 |
American States Water Co. | 70,217 | 3,140,104 |
AquaVenture Holdings Ltd. *(a) | 10,633 | 175,445 |
Avista Corp. | 124,807 | 4,976,055 |
Black Hills Corp. | 107,303 | 6,961,819 |
California Water Service Group | 94,441 | 3,470,707 |
Chesapeake Utilities Corp. | 33,484 | 2,308,722 |
Connecticut Water Service, Inc. | 25,598 | 1,460,366 |
Dynegy, Inc. * | 245,118 | 1,970,749 |
El Paso Electric Co. | 81,555 | 3,983,962 |
Great Plains Energy, Inc. | 429,081 | 12,469,094 |
Hawaiian Electric Industries, Inc. | 213,158 | 7,093,898 |
IDACORP, Inc. | 97,272 | 8,066,767 |
MDU Resources Group, Inc. | 381,620 | 10,345,718 |
MGE Energy, Inc. | 65,361 | 4,179,836 |
Middlesex Water Co. | 31,575 | 1,188,799 |
New Jersey Resources Corp. | 176,636 | 6,959,458 |
Northwest Natural Gas Co. | 53,547 | 3,218,175 |
NorthWestern Corp. | 96,698 | 5,656,833 |
NRG Yield, Inc., Class A | 68,777 | 1,156,141 |
NRG Yield, Inc., Class C | 135,174 | 2,352,028 |
ONE Gas, Inc. | 102,703 | 6,732,182 |
Ormat Technologies, Inc. | 70,496 | 3,886,444 |
Otter Tail Corp. | 72,921 | 2,741,830 |
Pattern Energy Group, Inc. | 124,256 | 2,583,282 |
PNM Resources, Inc. | 157,295 | 5,709,808 |
Portland General Electric Co. | 181,357 | 8,220,913 |
SJW Group | 31,553 | 1,531,267 |
South Jersey Industries, Inc. | 160,106 | 5,606,912 |
Southwest Gas Holdings, Inc. | 92,827 | 7,939,493 |
Spire, Inc. | 86,225 | 5,682,227 |
TerraForm Global, Inc., Class A * | 84,365 | 366,988 |
TerraForm Power, Inc., Class A * | 141,219 | 1,625,431 |
Unitil Corp. | 25,213 | 1,124,500 |
Vectren Corp. | 168,171 | 9,476,436 |
Vivint Solar, Inc. * | 12,561 | 43,335 |
WGL Holdings, Inc. | 102,871 | 8,588,700 |
169,668,847 | ||
Total Common Stock | ||
(Cost $4,482,108,778) | 5,195,030,052 | |
Rights 0.0% of net assets | ||
Health Care Equipment & Services 0.0% | ||
Second Sight Medical Products, Inc., Class A *(a)(b) | 32,616 | — |
Media 0.0% | ||
Media General, Inc. CVR *(b) | 177,806 | 55,120 |
Security | Number of Shares | Value ($) |
Pharmaceuticals, Biotechnology & Life Sciences 0.0% | ||
Dyax Corp. CVR *(b) | 193,941 | 215,274 |
Forest Laboratories, Inc., CVR *(b) | 5,521 | — |
215,274 | ||
Total Rights | ||
(Cost $215,274) | 270,394 | |
Other Investment Companies 2.0% of net assets | ||
Money Market Fund 0.3% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 0.46% (c) | 14,093,689 | 14,093,689 |
Securities Lending Collateral 1.7% | ||
Wells Fargo Government Money Market Fund, Select Class 0.48% (c) | 88,441,992 | 88,441,992 |
Total Other Investment Companies | ||
(Cost $102,535,681) | 102,535,681 |
* | Non-income producing security. |
(a) | All or a portion of this security is on loan. Securities on loan were valued at $85,671,956. |
(b) | Fair-valued by management in accordance with procedures approved by the Board of Trustees. |
(c) | The rate shown is the 7-day yield. |
CVR — | Contingent Value Rights |
REIT — | Real Estate Investment Trust |
Number of Contracts | Contract Value ($) | Unrealized Depreciation ($) | ||||
Futures Contracts | ||||||
Russell 2000 Index, e-mini, Long, expires 03/17/17 | 262 | 18,143,500 | (224,789) |
Holdings by Category | Cost ($) | Value ($) | |
99.4% | Common Stock | 4,662,683,937 | 5,179,278,162 |
0.2% | Other Investment Companies | 7,199,480 | 7,470,326 |
99.6% | Total Investments | 4,669,883,417 | 5,186,748,488 |
0.4% | Other Assets and Liabilities, Net | 22,636,145 | |
100.0% | Net Assets | 5,209,384,633 |
Security | Number of Shares | Value ($) |
Common Stock 99.4% of net assets | ||
Automobiles & Components 0.3% | ||
Harley-Davidson, Inc. | 242,666 | 13,681,509 |
Banks 0.4% | ||
Boston Private Financial Holdings, Inc. | 114,586 | 1,970,879 |
Columbia Banking System, Inc. | 79,076 | 3,154,342 |
PacWest Bancorp | 171,763 | 9,464,141 |
Umpqua Holdings Corp. | 300,946 | 5,660,794 |
20,250,156 | ||
Capital Goods 12.9% | ||
3M Co. | 824,103 | 153,571,594 |
Caterpillar, Inc. | 798,371 | 77,170,541 |
Cummins, Inc. | 210,966 | 31,326,341 |
Eaton Corp. plc | 618,442 | 44,515,455 |
Emerson Electric Co. | 875,110 | 52,594,111 |
Fastenal Co. | 392,489 | 19,636,225 |
Lockheed Martin Corp. | 343,891 | 91,674,463 |
PACCAR, Inc. | 476,132 | 31,810,379 |
Rockwell Automation, Inc. | 175,898 | 26,578,188 |
The Boeing Co. | 790,668 | 142,502,093 |
671,379,390 | ||
Commercial & Professional Services 0.1% | ||
CEB, Inc. | 44,866 | 3,479,358 |
R.R. Donnelley & Sons Co. | 94,575 | 1,586,023 |
Steelcase, Inc., Class A | 123,936 | 1,982,976 |
7,048,357 | ||
Consumer Durables & Apparel 1.0% | ||
Garmin Ltd. | 156,642 | 8,084,294 |
Hasbro, Inc. | 154,414 | 14,958,084 |
Leggett & Platt, Inc. | 181,289 | 8,915,793 |
Mattel, Inc. | 463,496 | 11,925,752 |
Polaris Industries, Inc. | 79,877 | 6,806,319 |
Tupperware Brands Corp. | 67,659 | 4,085,927 |
54,776,169 | ||
Security | Number of Shares | Value ($) |
Consumer Services 3.2% | ||
Cracker Barrel Old Country Store, Inc. | 32,704 | 5,265,017 |
Darden Restaurants, Inc. | 174,846 | 13,057,499 |
McDonald's Corp. | 1,163,248 | 148,488,607 |
166,811,123 | ||
Diversified Financials 2.0% | ||
CME Group, Inc. | 460,657 | 55,951,399 |
Cohen & Steers, Inc. | 27,268 | 1,025,550 |
Eaton Vance Corp. | 152,488 | 7,110,515 |
Federated Investors, Inc., Class B | 124,757 | 3,389,648 |
Greenhill & Co., Inc. | 37,324 | 1,102,924 |
Lazard Ltd., Class A | 178,695 | 7,694,607 |
T. Rowe Price Group, Inc. | 338,244 | 24,086,355 |
Waddell & Reed Financial, Inc., Class A | 112,548 | 2,165,424 |
102,526,422 | ||
Energy 10.1% | ||
Chevron Corp. | 1,984,365 | 223,241,063 |
Exxon Mobil Corp. | 2,580,326 | 209,832,110 |
Helmerich & Payne, Inc. | 146,677 | 10,028,307 |
ONEOK, Inc. | 285,662 | 15,440,031 |
The Williams Cos., Inc. | 928,966 | 26,326,896 |
Valero Energy Corp. | 626,784 | 42,589,973 |
527,458,380 | ||
Food & Staples Retailing 2.8% | ||
Wal-Mart Stores, Inc. | 2,065,639 | 146,515,774 |
Food, Beverage & Tobacco 14.7% | ||
Altria Group, Inc. | 2,661,804 | 199,422,356 |
B&G Foods, Inc. | 91,197 | 3,875,873 |
Flowers Foods, Inc. | 253,696 | 4,886,185 |
General Mills, Inc. | 812,033 | 49,022,432 |
PepsiCo, Inc. | 1,959,443 | 216,283,318 |
Reynolds American, Inc. | 1,128,916 | 69,507,358 |
The Coca-Cola Co. | 5,299,424 | 222,363,831 |
765,361,353 | ||
Health Care Equipment & Services 0.0% | ||
Computer Programs & Systems, Inc. | 17,577 | 472,821 |
Meridian Bioscience, Inc. | 58,226 | 748,204 |
1,221,025 | ||
Household & Personal Products 6.5% | ||
Kimberly-Clark Corp. | 489,748 | 64,916,098 |
Nu Skin Enterprises, Inc., Class A | 71,760 | 3,554,990 |
The Clorox Co. | 176,372 | 24,129,453 |
The Procter & Gamble Co. | 2,698,700 | 245,770,609 |
338,371,150 | ||
Security | Number of Shares | Value ($) |
Insurance 0.6% | ||
Mercury General Corp. | 49,223 | 2,885,944 |
Principal Financial Group, Inc. | 364,455 | 22,793,016 |
Safety Insurance Group, Inc. | 20,943 | 1,486,953 |
Stewart Information Services Corp. | 30,382 | 1,349,265 |
Universal Insurance Holdings, Inc. | 44,266 | 1,192,969 |
29,708,147 | ||
Materials 2.9% | ||
Compass Minerals International, Inc. | 45,329 | 3,435,938 |
International Paper Co. | 559,295 | 29,474,846 |
Packaging Corp. of America | 127,316 | 11,767,818 |
Schweitzer-Mauduit International, Inc. | 40,284 | 1,652,853 |
Sonoco Products Co. | 136,163 | 7,260,211 |
The Dow Chemical Co. | 1,537,099 | 95,699,784 |
149,291,450 | ||
Media 0.6% | ||
Meredith Corp. | 51,130 | 3,205,851 |
Omnicom Group, Inc. | 322,109 | 27,411,476 |
30,617,327 | ||
Pharmaceuticals, Biotechnology & Life Sciences 9.6% | ||
Johnson & Johnson | 2,043,768 | 249,768,887 |
Pfizer, Inc. | 7,280,822 | 248,421,647 |
498,190,534 | ||
Retailing 2.3% | ||
American Eagle Outfitters, Inc. | 231,032 | 3,661,857 |
Best Buy Co., Inc. | 375,280 | 16,561,107 |
Genuine Parts Co. | 202,461 | 19,377,542 |
Macy's, Inc. | 419,261 | 13,927,851 |
Nordstrom, Inc. | 158,044 | 7,374,333 |
Staples, Inc. | 891,103 | 8,011,016 |
Target Corp. | 781,990 | 45,957,552 |
The Buckle, Inc. | 38,168 | 757,635 |
The Gap, Inc. | 297,643 | 7,387,499 |
123,016,392 | ||
Semiconductors & Semiconductor Equipment 10.8% | ||
Analog Devices, Inc. | 418,822 | 34,314,087 |
Intel Corp. | 6,398,051 | 231,609,446 |
Linear Technology Corp. | 325,398 | 21,014,203 |
Maxim Integrated Products, Inc. | 386,757 | 17,133,335 |
Microchip Technology, Inc. | 293,122 | 21,257,207 |
QUALCOMM, Inc. | 2,008,791 | 113,456,516 |
Texas Instruments, Inc. | 1,366,892 | 104,731,265 |
Xilinx, Inc. | 345,384 | 20,315,487 |
563,831,546 | ||
Software & Services 10.9% | ||
Automatic Data Processing, Inc. | 620,324 | 63,657,649 |
CA, Inc. | 435,034 | 14,038,547 |
International Business Machines Corp. | 1,185,382 | 213,155,391 |
Microsoft Corp. | 3,698,126 | 236,606,101 |
Paychex, Inc. | 437,316 | 26,859,949 |
The Western Union Co. | 663,048 | 13,022,263 |
567,339,900 | ||
Security | Number of Shares | Value ($) |
Technology Hardware & Equipment 0.8% | ||
AVX Corp. | 63,978 | 992,938 |
HP, Inc. | 2,328,551 | 40,446,931 |
41,439,869 | ||
Telecommunication Services 4.2% | ||
Verizon Communications, Inc. | 4,419,072 | 219,318,543 |
Transportation 2.2% | ||
C.H. Robinson Worldwide, Inc. | 193,986 | 15,590,655 |
United Parcel Service, Inc., Class B | 942,301 | 99,657,754 |
115,248,409 | ||
Utilities 0.5% | ||
WEC Energy Group, Inc. | 429,322 | 25,875,237 |
Total Common Stock | ||
(Cost $4,662,683,937) | 5,179,278,162 | |
Other Investment Companies 0.2% of net assets | ||
Equity Fund 0.1% | ||
Vanguard Dividend Appreciation ETF | 30,000 | 2,712,900 |
Money Market Fund 0.1% | ||
State Street Institutional U.S. Government Money Market Fund, Premier Class 0.46% (a) | 4,757,426 | 4,757,426 |
Total Other Investment Companies | ||
(Cost $7,199,480) | 7,470,326 |
(a) | The rate shown is the 7-day yield. |
ETF — | Exchange-traded fund |
Number of Contracts | Contract Value ($) | Unrealized Appreciation ($) | ||||
Futures Contracts | ||||||
S&P 500 Index, e-mini, Long, expires 03/17/17 | 225 | 26,581,500 | 492,252 |
Table of Contents
Item 7: Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.
Not applicable.
Item 8: Portfolio Managers of Closed-End Management Investment Companies.
Not applicable.
Item 9: Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.
Not applicable.
Item 10: Submission of Matters to a Vote of Security Holders.
Not applicable.
Item 11: Controls and Procedures.
(a) | Based on their evaluation of Registrant’s disclosure controls and procedures, as of a date within 90 days of the filing date, Registrant’s chief executive officer and principal financial officer, have concluded that Registrant’s disclosure controls and procedures are: (i) reasonably designed to ensure that information required to be disclosed in this report is appropriately communicated to Registrant’s officers to allow timely decisions regarding disclosures required in this report; (ii) reasonably designed to ensure that information required to be disclosed in this report is recorded, processed, summarized and reported in a timely manner; and (iii) are effective in achieving the goals described in (i) and (ii) above. |
(b) | During the second fiscal quarter of the period covered by this report, there have been no changes in Registrant’s internal control over financial reporting that the above officers believe to have materially affected, or to be reasonably likely to materially affect, Registrant’s internal control over financial reporting. |
Table of Contents
Item 12: Exhibits.
(a) | (1) | Code of ethics – not applicable to this semi-annual report. |
(2) | Separate certifications for Registrant’s chief executive officer and principal financial officer, as required by Rule 30a-2(a) under the Investment Company Act of 1940, as amended (the “1940 Act”), are attached. |
(3) | Not applicable. |
(b) | A certification for Registrant’s chief executive officer and principal financial officer, as required by Rule 30a-2(b) under the 1940 Act, is attached. This certification is being furnished to the Securities and Exchange Commission solely pursuant to 18 U.S.C. section 1350 and is not being filed as part of the Form N-CSRS with the Commission. |
Pursuant to the requirements of the Securities Exchange Act of 1934 and the 1940 Act, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant) Schwab Strategic Trust
By: | /s/ Marie Chandoha | |
Marie Chandoha | ||
Chief Executive Officer |
Date 04/07/17
Pursuant to the requirements of the Securities Exchange Act of 1934 and the 1940 Act, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.
By: | /s/ Marie Chandoha |
Table of Contents
Marie Chandoha | ||
Chief Executive Officer |
Date: 04/07/17
By: | /s/ Mark Fischer | |
Mark Fischer | ||
Chief Financial Officer |
Date: 04/07/17