DBX ETF Trust
SCHEDULE OF INVESTMENTS
Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF
November 30, 2022 (Unaudited)
Number of Shares | Value | |||||||
COMMON STOCKS - 96.8% | ||||||||
Brazil - 2.9% | ||||||||
Ambev SA | 292,014 | $ | 884,016 | |||||
Americanas SA | 69,115 | 138,787 | ||||||
Atacadao SA | 56,149 | 170,514 | ||||||
B3 SA - Brasil Bolsa Balcao | 667,560 | 1,615,965 | ||||||
Banco Bradesco SA | 158,213 | 413,975 | ||||||
Banco BTG Pactual SA | 159,052 | 761,265 | ||||||
Banco do Brasil SA | 93,804 | 629,308 | ||||||
Banco Santander Brasil SA | 43,374 | 228,137 | ||||||
BB Seguridade Participacoes SA | 74,320 | 442,630 | ||||||
BRF SA* | 42,849 | 76,755 | ||||||
CCR SA | 119,806 | 269,055 | ||||||
Centrais Eletricas Brasileiras SA | 63,494 | 573,508 | ||||||
Cia de Saneamento Basico do Estado de Sao Paulo | 21,059 | 241,433 | ||||||
Cia Energetica de Minas Gerais | 25,731 | 88,415 | ||||||
Cia Siderurgica Nacional SA | 29,795 | 82,267 | ||||||
CPFL Energia SA | 11,601 | 76,990 | ||||||
Energisa SA | 23,093 | 190,187 | ||||||
Engie Brasil Energia SA | 18,815 | 141,324 | ||||||
Equatorial Energia SA | 40,610 | 212,749 | ||||||
Hapvida Participacoes e Investimentos SA, 144A | 301,047 | 297,681 | ||||||
Hypera SA | 28,527 | 241,070 | ||||||
Itau Unibanco Holding SA | 46,529 | 199,253 | ||||||
Klabin SA | 50,093 | 187,654 | ||||||
Localiza Rent a Car SA | 39,183 | 447,801 | ||||||
Localiza Rent a Car SA* | 120 | 1,304 | ||||||
Lojas Renner SA | 102,598 | 451,651 | ||||||
Magazine Luiza SA* | 205,832 | 133,469 | ||||||
Multiplan Empreendimentos Imobiliarios SA | 17,634 | 76,890 | ||||||
Natura & Co. Holding SA | 92,809 | 206,662 | ||||||
Neoenergia SA | 20,444 | 61,696 | ||||||
Pagseguro Digital Ltd., Class A* | 15,628 | 164,563 | ||||||
Porto Seguro SA | 19,374 | 89,192 | ||||||
Raia Drogasil SA | 127,371 | 558,284 | ||||||
Rede D’Or Sao Luiz SA, 144A | 47,481 | 280,437 | ||||||
Rumo SA | 136,429 | 504,851 | ||||||
Sendas Distribuidora SA | 66,496 | 253,526 | ||||||
StoneCo Ltd., Class A* | 24,877 | 290,563 | ||||||
Suzano SA | 51,259 | 518,068 | ||||||
Telefonica Brasil SA | 45,178 | 326,885 | ||||||
TIM SA | 85,684 | 211,815 | ||||||
TOTVS SA | 45,231 | 265,427 | ||||||
WEG SA | 97,183 | 720,723 | ||||||
XP, Inc., Series BDR* | 7,107 | 122,360 | ||||||
XP, Inc., Class A*(a) | 15,820 | 277,008 | ||||||
|
| |||||||
(Cost $16,214,761) | 14,126,113 | |||||||
|
| |||||||
Chile - 0.3% | ||||||||
Banco de Chile | 2,903,192 | 272,907 | ||||||
Banco de Credito e Inversiones SA | 7,264 | 195,448 | ||||||
Banco Santander Chile | 6,993,460 | 270,139 | ||||||
Cencosud SA | 139,513 | 206,097 | ||||||
Cencosud Shopping SA | 36,524 | 46,416 | ||||||
Cia Sud Americana de Vapores SA | 1,454,900 | 117,690 | ||||||
Empresas CMPC SA | 80,465 | 132,424 | ||||||
Enel Americas SA | 1,233,149 | 162,355 | ||||||
Falabella SA | 45,611 | 80,916 | ||||||
|
| |||||||
(Cost $1,703,296) | 1,484,392 | |||||||
|
| |||||||
China - 28.0% | ||||||||
360 Security Technology, Inc., Class A | 33,054 | 32,151 | ||||||
37 Interactive Entertainment Network Technology Group Co. Ltd., Class A | 17,936 | 44,767 | ||||||
AAC Technologies Holdings, Inc.* | 32,826 | 75,531 | ||||||
Agricultural Bank of China Ltd., Class A | 620,639 | 252,337 | ||||||
Agricultural Bank of China Ltd., Class H | 3,354,314 | 1,117,317 | ||||||
Aier Eye Hospital Group Co. Ltd., Class A | 31,520 | 120,588 | ||||||
Air China Ltd., Class A* | 17,096 | 25,245 | ||||||
Air China Ltd., Class H* | 69,821 | 55,460 | ||||||
Airtac International Group | 7,969 | 243,669 | ||||||
Alibaba Group Holding Ltd., ADR* | 123,307 | 10,796,761 | ||||||
Aluminum Corp. of China Ltd., Class A | 57,672 | 36,393 | ||||||
Aluminum Corp. of China Ltd., Class H | 197,031 | 82,543 | ||||||
Angang Steel Co. Ltd., Class A | 34,600 | 13,530 | ||||||
Angang Steel Co. Ltd., Class H | 113,112 | 32,316 | ||||||
Angel Yeast Co. Ltd., Class A | 6,112 | 37,620 | ||||||
Anhui Conch Cement Co. Ltd., Class A | 12,732 | 51,388 | ||||||
Anhui Conch Cement Co. Ltd., Class H | 45,325 | 164,042 | ||||||
Anjoy Foods Group Co. Ltd., Class A | 1,900 | 42,380 | ||||||
ANTA Sports Products Ltd. | 80,238 | 934,422 | ||||||
Apeloa Pharmaceutical Co. Ltd., Class A | 6,900 | 20,066 | ||||||
Asymchem Laboratories Tianjin Co. Ltd., Class A | 2,452 | 46,440 | ||||||
Autohome, Inc., ADR | 7,797 | 233,130 | ||||||
Avary Holding Shenzhen Co. Ltd., Class A | 4,836 | 19,799 | ||||||
Baidu, Inc., ADR* | 30,115 | 3,270,489 | ||||||
Bank of Beijing Co. Ltd., Class A | 91,802 | 55,598 | ||||||
Bank of China Ltd., Class A | 149,013 | 66,265 | ||||||
Bank of China Ltd., Class H | 5,497,954 | 1,951,103 | ||||||
Bank of Communications Co. Ltd., Class A | 224,214 | 149,401 | ||||||
Bank of Communications Co. Ltd., Class H | 838,680 | 473,843 | ||||||
Bank of Hangzhou Co. Ltd., Class A | 35,743 | 66,707 | ||||||
Bank of Jiangsu Co. Ltd., Class A | 62,276 | 65,146 | ||||||
Bank of Nanjing Co. Ltd., Class A | 52,895 | 77,436 | ||||||
Bank of Ningbo Co. Ltd., Class A | 31,455 | 142,587 | ||||||
Bank of Shanghai Co. Ltd., Class A | 65,639 | 55,320 |
Bank of Zhengzhou Co. Ltd., Class A* | 73,100 | 25,593 | ||||||
Baoshan Iron & Steel Co. Ltd., Class A | 64,956 | 51,719 | ||||||
BBMG Corp., Class A | 45,480 | 17,143 | ||||||
BeiGene Ltd., ADR*(a) | 5,201 | 996,564 | ||||||
Beijing Dabeinong Technology Group Co. Ltd., Class A* | 19,038 | 25,049 | ||||||
Beijing New Building Materials PLC, Class A | 8,000 | 29,635 | ||||||
Beijing Shiji Information Technology Co. Ltd., Class A | 8,680 | 18,185 | ||||||
Beijing United Information Technology Co. Ltd., Class A | 4,990 | 72,650 | ||||||
Beijing Wantai Biological Pharmacy Enterprise Co. Ltd., Class A | 2,684 | 61,690 | ||||||
Beijing-Shanghai High Speed Railway Co. Ltd., Class A | 198,928 | 138,450 | ||||||
BGI Genomics Co. Ltd., Class A | 3,200 | 27,119 | ||||||
Bilibili, Inc., ADR*(a) | 25,662 | 445,492 | ||||||
Bloomage Biotechnology Corp. Ltd., Class A | 2,107 | 32,244 | ||||||
Blue Moon Group Holdings Ltd., 144A | 121,938 | 84,672 | ||||||
BOC International China Co. Ltd., Class A | 14,455 | 22,978 | ||||||
BOE Technology Group Co. Ltd., Class A | 123,687 | 62,511 | ||||||
BYD Co. Ltd., Class A | 6,878 | 251,989 | ||||||
BYD Co. Ltd., Class H | 57,431 | 1,409,011 | ||||||
By-health Co. Ltd., Class A | 4,800 | 13,485 | ||||||
CanSino Biologics, Inc., Class H, 144A | 4,744 | 60,443 | ||||||
CGN Power Co. Ltd., Class A | 122,190 | 47,437 | ||||||
CGN Power Co. Ltd., Class H, 144A | 1,178,547 | 285,370 | ||||||
Changchun High & New Technology Industry Group, Inc., Class A | 1,512 | 36,095 | ||||||
Changzhou Xingyu Automotive Lighting Systems Co. Ltd., Class A | 1,412 | 26,310 | ||||||
Chaozhou Three-Circle Group Co. Ltd., Class A | 11,300 | 48,144 | ||||||
Chengxin Lithium Group Co. Ltd., Class A | 5,100 | 30,513 | ||||||
Chifeng Jilong Gold Mining Co. Ltd., Class A* | 9,000 | 25,043 | ||||||
China Baoan Group Co. Ltd., Class A | 13,549 | 25,057 | ||||||
China Bohai Bank Co. Ltd., Class H, 144A | 245,802 | 35,585 | ||||||
China Cinda Asset Management Co. Ltd., Class H | 529,076 | 69,138 | ||||||
China CITIC Bank Corp. Ltd., Class H | 641,557 | 284,388 | ||||||
China Conch Venture Holdings Ltd. | 94,009 | 213,660 | ||||||
China Construction Bank Corp., Class A | 59,021 | 46,577 | ||||||
China Construction Bank Corp., Class H | 10,148,129 | 6,123,591 | ||||||
China CSSC Holdings Ltd., Class A | 8,613 | 30,507 | ||||||
China Eastern Airlines Corp. Ltd., Class A* | 56,408 | 42,603 | ||||||
China Eastern Airlines Corp. Ltd., Class H* | 105,864 | 39,332 | ||||||
China Everbright Bank Co. Ltd., Class A | 169,415 | 71,511 | ||||||
China Everbright Bank Co. Ltd., Class H | 466,999 | 138,804 | ||||||
China Evergrande Group*(b) | 185,090 | 0 | ||||||
China Feihe Ltd., 144A | 112,982 | 91,625 | ||||||
China Galaxy Securities Co. Ltd., Class H | 297,996 | 147,366 | ||||||
China Great Wall Securities Co. Ltd., Class A | 33,500 | 41,239 | ||||||
China Greatwall Technology Group Co. Ltd., Class A | 13,749 | 23,195 | ||||||
China Hongqiao Group Ltd. | 175,112 | 162,201 | ||||||
China International Capital Corp. Ltd., Class A | 10,188 | 55,215 | ||||||
China International Capital Corp. Ltd., Class H, 144A | 174,169 | 324,440 | ||||||
China International Marine Containers Group Co. Ltd., Class H | 25,316 | 19,590 | ||||||
China Jushi Co. Ltd., Class A | 19,600 | 39,734 | ||||||
China Lesso Group Holdings Ltd. | 71,198 | 86,563 | ||||||
China Life Insurance Co. Ltd., Class A | 6,829 | 34,851 | ||||||
China Life Insurance Co. Ltd., Class H | 496,331 | 754,146 | ||||||
China Literature Ltd., 144A* | 32,996 | 117,730 | ||||||
China Meidong Auto Holdings Ltd. | 50,698 | 95,869 | ||||||
China Merchants Bank Co. Ltd., Class A | 78,760 | 388,710 | ||||||
China Merchants Bank Co. Ltd., Class H | 270,471 | 1,358,332 | ||||||
China Merchants Securities Co. Ltd., Class A | 55,344 | 105,476 | ||||||
China Merchants Securities Co. Ltd., Class H, 144A | 25,675 | 25,196 | ||||||
China Merchants Shekou Industrial Zone Holdings Co. Ltd., Class A | 34,643 | 74,827 | ||||||
China Minsheng Banking Corp. Ltd., Class A | 143,963 | 71,539 | ||||||
China Minsheng Banking Corp. Ltd., Class H(a) | 449,954 | 155,067 | ||||||
China National Building Material Co. Ltd., Class H | 233,957 | 205,617 | ||||||
China National Chemical Engineering Co. Ltd., Class A | 52,701 | 62,644 | ||||||
China National Nuclear Power Co. Ltd., Class A | 109,672 | 96,612 | ||||||
China Northern Rare Earth Group High-Tech Co. Ltd., Class A | 13,154 | 48,597 | ||||||
China Pacific Insurance Group Co. Ltd., Class A | 29,460 | 101,228 | ||||||
China Pacific Insurance Group Co. Ltd., Class H | 156,129 | 352,443 | ||||||
China Railway Group Ltd., Class A | 73,124 | 60,700 | ||||||
China Railway Group Ltd., Class H | 267,460 | 150,426 |
China Railway Signal & Communication Corp. Ltd., Class H, 144A | 194,842 | 62,405 | ||||||
China Reinsurance Group Corp., Class H | 663,791 | 42,096 | ||||||
China Resources Mixc Lifestyle Services Ltd., 144A | 45,989 | 217,705 | ||||||
China Resources Sanjiu Medical & Pharmaceutical Co. Ltd., Class A | 7,800 | 65,210 | ||||||
China Southern Airlines Co. Ltd., Class H* | 116,493 | 68,951 | ||||||
China State Construction Engineering Corp. Ltd., Class A | 142,259 | 118,088 | ||||||
China Tower Corp. Ltd., Class H, 144A | 2,780,741 | 299,253 | ||||||
China United Network Communications Ltd., Class A | 141,167 | 87,886 | ||||||
China Vanke Co. Ltd., Class A | 33,752 | 88,864 | ||||||
China Vanke Co. Ltd., Class H | 119,922 | 246,742 | ||||||
China Yangtze Power Co. Ltd., Class A | 177,818 | 532,685 | ||||||
China Zhenhua Group Science & Technology Co. Ltd., Class A | 3,284 | 52,926 | ||||||
China Zheshang Bank Co. Ltd., Class A* | 90,700 | 37,773 | ||||||
Chongqing Brewery Co. Ltd., Class A | 3,100 | 48,140 | ||||||
Chongqing Changan Automobile Co. Ltd., Class A | 25,670 | 48,741 | ||||||
Chongqing Rural Commercial Bank Co. Ltd., Class H | 250,913 | 83,900 | ||||||
Chongqing Zhifei Biological Products Co. Ltd., Class A | 7,540 | 96,289 | ||||||
CIFI Holdings Group Co. Ltd.(a) | 300,749 | 45,466 | ||||||
CITIC Securities Co. Ltd., Class A | 46,746 | 130,797 | ||||||
CITIC Securities Co. Ltd., Class H | 151,543 | 302,096 | ||||||
CMOC Group Ltd., Class H | 169,141 | 78,227 | ||||||
Contemporary Amperex Technology Co. Ltd., Class A | 15,756 | 856,359 | ||||||
COSCO SHIPPING Development Co. Ltd., Class H | 219,713 | 29,837 | ||||||
COSCO SHIPPING Holdings Co. Ltd., Class A | 36,076 | 64,324 | ||||||
COSCO SHIPPING Holdings Co. Ltd., Class H | 222,523 | 240,327 | ||||||
Country Garden Holdings Co. Ltd.(a) | 617,482 | 238,117 | ||||||
Country Garden Services Holdings Co. Ltd. | 206,295 | 505,331 | ||||||
CRRC Corp. Ltd., Class A | 110,900 | 83,916 | ||||||
CRRC Corp. Ltd., Class H | 204,213 | 83,721 | ||||||
CSC Financial Co. Ltd., Class A | 14,300 | 49,601 | ||||||
CSC Financial Co. Ltd., Class H, 144A | 57,366 | 50,564 | ||||||
Dali Foods Group Co. Ltd., 144A | 140,667 | 66,499 | ||||||
DaShenLin Pharmaceutical Group Co. Ltd., Class A | 5,739 | 34,198 | ||||||
Dong-E-E-Jiao Co. Ltd., Class A | 5,400 | 29,533 | ||||||
Dongfang Electric Corp. Ltd., Class A | 10,172 | 34,694 | ||||||
Dongfang Electric Corp. Ltd., Class H | 25,040 | 44,784 | ||||||
Dongfeng Motor Group Co. Ltd., Class H | 122,828 | 68,767 | ||||||
East Money Information Co. Ltd., Class A | 59,756 | 156,064 | ||||||
Ecovacs Robotics Co. Ltd., Class A | 1,965 | 19,984 | ||||||
Eve Energy Co. Ltd., Class A | 6,482 | 75,906 | ||||||
Everbright Securities Co. Ltd., Class A | 43,488 | 99,272 | ||||||
Evergrande Property Services Group Ltd., 144A*(b) | 362,957 | 0 | ||||||
Fangda Carbon New Material Co. Ltd., Class A* | 29,300 | 26,638 | ||||||
Flat Glass Group Co. Ltd., Class A | 9,482 | 47,105 | ||||||
Flat Glass Group Co. Ltd., Class H | 59,696 | 154,106 | ||||||
Focus Media Information Technology Co. Ltd., Class A | 28,042 | 23,713 | ||||||
Foshan Haitian Flavouring & Food Co. Ltd., Class A | 9,259 | 91,968 | ||||||
Founder Securities Co. Ltd., Class A | 44,118 | 42,227 | ||||||
Foxconn Industrial Internet Co. Ltd., Class A | 26,457 | 34,175 | ||||||
Fujian Sunner Development Co. Ltd., Class A | 8,260 | 29,222 | ||||||
Fuyao Glass Industry Group Co. Ltd., Class A | 12,131 | 63,587 | ||||||
Fuyao Glass Industry Group Co. Ltd., Class H, 144A | 36,813 | 160,825 | ||||||
Gan & Lee Pharmaceuticals Co. Ltd., Class A | 5,100 | 24,544 | ||||||
Ganfeng Lithium Group Co. Ltd., Class A | 7,847 | 89,730 | ||||||
Ganfeng Lithium Group Co. Ltd., Class H, 144A | 22,995 | 199,739 | ||||||
GDS Holdings Ltd., ADR*(a) | 19,810 | 314,979 | ||||||
GEM Co. Ltd., Class A | 26,341 | 30,307 | ||||||
Gemdale Corp., Class A | 13,396 | 22,126 | ||||||
Genscript Biotech Corp.* | 108,205 | 273,926 | ||||||
GF Securities Co. Ltd., Class A | 40,163 | 90,775 | ||||||
GF Securities Co. Ltd., Class H | 140,265 | 203,421 | ||||||
GigaDevice Semiconductor, Inc., Class A | 1,804 | 25,669 | ||||||
GoerTek, Inc., Class A | 10,488 | 26,858 | ||||||
Gotion High-tech Co. Ltd., Class A | 9,419 | 42,550 | ||||||
Great Wall Motor Co. Ltd., Class A | 7,101 | 32,059 | ||||||
Great Wall Motor Co. Ltd., Class H | 126,094 | 182,223 | ||||||
Gree Electric Appliances, Inc. of Zhuhai, Class A | 22,370 | 101,594 | ||||||
Greentown China Holdings Ltd. | 38,013 | 64,577 | ||||||
Guangdong Haid Group Co. Ltd., Class A | 6,070 | 48,476 | ||||||
Guangdong Kinlong Hardware Products Co. Ltd., Class A | 1,171 | 17,181 | ||||||
Guangzhou Automobile Group Co. Ltd., Class H | 122,828 | 87,493 | ||||||
Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., Class A | 7,832 | 32,407 |
Guangzhou Baiyunshan Pharmaceutical Holdings Co. Ltd., Class H | 27,363 | 73,092 | ||||||
Guangzhou Kingmed Diagnostics Group Co. Ltd., Class A | 2,871 | 27,642 | ||||||
Guangzhou Shiyuan Electronic Technology Co. Ltd., Class A | 4,300 | 37,230 | ||||||
Guangzhou Tinci Materials Technology Co. Ltd., Class A | 11,210 | 71,151 | ||||||
Guosen Securities Co. Ltd., Class A | 21,556 | 27,784 | ||||||
Guotai Junan Securities Co. Ltd., Class A | 21,291 | 42,050 | ||||||
Guotai Junan Securities Co. Ltd., Class H, 144A | 61,314 | 71,404 | ||||||
Guoyuan Securities Co. Ltd., Class A | 46,400 | 45,525 | ||||||
H World Group Ltd., ADR | 6,258 | 239,556 | ||||||
Haidilao International Holding Ltd., 144A* | 94,340 | 231,091 | ||||||
Haier Smart Home Co. Ltd., Class A | 23,907 | 82,789 | ||||||
Haier Smart Home Co. Ltd., Class H | 149,827 | 491,393 | ||||||
Haitong Securities Co. Ltd., Class A | 49,036 | 61,887 | ||||||
Haitong Securities Co. Ltd., Class H | 197,837 | 121,660 | ||||||
Hangzhou First Applied Material Co. Ltd., Class A | 11,644 | 98,776 | ||||||
Hangzhou Robam Appliances Co. Ltd., Class A | 10,200 | 37,410 | ||||||
Hangzhou Silan Microelectronics Co. Ltd., Class A | 9,789 | 50,579 | ||||||
Hangzhou Tigermed Consulting Co. Ltd., Class A | 2,805 | 35,085 | ||||||
Hangzhou Tigermed Consulting Co. Ltd., Class H, 144A | 7,661 | 72,336 | ||||||
Hansoh Pharmaceutical Group Co. Ltd., 144A | 77,868 | 147,246 | ||||||
Henan Shuanghui Investment & Development Co. Ltd., Class A | 7,800 | 27,815 | ||||||
Hengan International Group Co. Ltd. | 36,388 | 167,593 | ||||||
Hithink RoyalFlush Information Network Co. Ltd., Class A | 3,742 | 53,122 | ||||||
Hongfa Technology Co. Ltd., Class A | 7,890 | 38,662 | ||||||
Hua Hong Semiconductor Ltd., 144A* | 60,442 | 208,301 | ||||||
Huadong Medicine Co. Ltd., Class A | 6,850 | 39,861 | ||||||
Huafon Chemical Co. Ltd., Class A | 39,300 | 40,223 | ||||||
Huaneng Lancang River Hydropower, Inc., Class A | 63,742 | 60,740 | ||||||
Huatai Securities Co. Ltd., Class A | 35,679 | 65,832 | ||||||
Huatai Securities Co. Ltd., Class H, 144A | 65,814 | 75,970 | ||||||
Huaxia Bank Co. Ltd., Class A | 87,452 | 64,692 | ||||||
Huayu Automotive Systems Co. Ltd., Class A | 21,406 | 55,785 | ||||||
Huizhou Desay Sv Automotive Co. Ltd., Class A | 3,670 | 56,986 | ||||||
Hunan Valin Steel Co. Ltd., Class A | 35,305 | 23,924 | ||||||
Hundsun Technologies, Inc., Class A | 8,183 | 46,162 | ||||||
Iflytek Co. Ltd., Class A | 12,131 | 55,230 | ||||||
Industrial & Commercial Bank of China Ltd., Class A | 449,792 | 273,042 | ||||||
Industrial & Commercial Bank of China Ltd., Class H | 8,511,783 | 4,263,797 | ||||||
Industrial Bank Co. Ltd., Class A | 80,490 | 201,124 | ||||||
Industrial Securities Co. Ltd., Class A* | 68,416 | 58,723 | ||||||
Ingenic Semiconductor Co. Ltd., Class A | 3,880 | 43,234 | ||||||
Inner Mongolia BaoTou Steel Union Co. Ltd., Class A | 147,163 | 41,343 | ||||||
Inner Mongolia Yili Industrial Group Co. Ltd., Class A | 27,518 | 112,076 | ||||||
Innovent Biologics, Inc., 144A* | 50,178 | 197,035 | ||||||
Inspur Electronic Information Industry Co. Ltd., Class A | 7,671 | 24,041 | ||||||
Intco Medical Technology Co. Ltd., Class A | 5,196 | 18,045 | ||||||
iQIYI, Inc., ADR* | 23,545 | 69,929 | ||||||
JA Solar Technology Co. Ltd., Class A | 18,294 | 150,307 | ||||||
Jafron Biomedical Co. Ltd., Class A | 5,198 | 23,240 | ||||||
Jason Furniture Hangzhou Co. Ltd., Class A | 4,100 | 20,837 | ||||||
JCET Group Co. Ltd., Class A | 8,792 | 31,030 | ||||||
JD Health International, Inc., 144A*(a) | 44,285 | 386,370 | ||||||
JD.com, Inc., ADR | 63,631 | 3,638,421 | ||||||
JD.com, Inc., Class A | 25,217 | 706,871 | ||||||
Jiangsu Eastern Shenghong Co. Ltd., Class A | 23,742 | 44,511 | ||||||
Jiangsu Hengrui Medicine Co. Ltd., Class A | 30,512 | 171,566 | ||||||
Jiangsu Yangnong Chemical Co. Ltd., Class A | 2,600 | 38,848 | ||||||
Jiangsu Yuyue Medical Equipment & Supply Co. Ltd., Class A | 11,000 | 57,084 | ||||||
Jiangsu Zhongtian Technology Co. Ltd., Class A | 15,525 | 36,579 | ||||||
Jiangxi Copper Co. Ltd., Class A | 9,112 | 22,357 | ||||||
Jiangxi Copper Co. Ltd., Class H | 59,850 | 86,645 | ||||||
Jiangxi Zhengbang Technology Co. Ltd., Class A* | 21,900 | 12,645 | ||||||
Joinn Laboratories China Co. Ltd., Class H, 144A | 11,628 | 53,853 | ||||||
Jonjee Hi-Tech Industrial And Commercial Holding Co. Ltd., Class A | 5,489 | 28,632 | ||||||
KE Holdings, Inc., ADR* | 38,174 | 645,904 | ||||||
Kingdee International Software Group Co. Ltd.* | 301,997 | 498,331 | ||||||
Kingfa Sci & Tech Co. Ltd., Class A | 4,300 | 6,107 | ||||||
Kingsoft Corp. Ltd. | 88,406 | 277,490 | ||||||
Kuaishou Technology, 144A* | 77,417 | 560,878 |
Kuang-Chi Technologies Co. Ltd., Class A* | 9,700 | 24,019 | ||||||
LB Group Co. Ltd., Class A | 7,201 | 18,176 | ||||||
Legend Holdings Corp., Class H, 144A | 111,158 | 113,358 | ||||||
Lenovo Group Ltd. | 753,219 | 634,960 | ||||||
Lens Technology Co. Ltd., Class A | 11,938 | 17,915 | ||||||
Lepu Medical Technology Beijing Co. Ltd., Class A | 7,400 | 23,662 | ||||||
Li Auto, Inc., ADR*(a) | 60,001 | 1,320,022 | ||||||
Li Ning Co. Ltd. | 153,037 | 1,200,886 | ||||||
Lingyi iTech Guangdong Co., Class A* | 39,435 | 27,390 | ||||||
Livzon Pharmaceutical Group, Inc., Class H | 20,431 | 71,196 | ||||||
Longfor Group Holdings Ltd., 144A(a) | 137,016 | 413,391 | ||||||
LONGi Green Energy Technology Co. Ltd., Class A | 59,333 | 383,461 | ||||||
Lufax Holding Ltd., ADR | 199,985 | 371,972 | ||||||
Luxshare Precision Industry Co. Ltd., Class A | 29,353 | 128,086 | ||||||
Mango Excellent Media Co. Ltd., Class A | 7,960 | 28,296 | ||||||
Maxscend Microelectronics Co. Ltd., Class A | 2,174 | 35,328 | ||||||
Meituan, Class B, 144A* | 458,819 | 9,616,653 | ||||||
Metallurgical Corp. of China Ltd., Class A | 56,242 | 26,440 | ||||||
Metallurgical Corp. of China Ltd., Class H | 220,909 | 49,528 | ||||||
Microport Scientific Corp.* | 72,502 | 169,795 | ||||||
Ming Yang Smart Energy Group Ltd., Class A | 11,834 | 44,723 | ||||||
Ming Yuan Cloud Group Holdings Ltd.(a) | 34,205 | 26,337 | ||||||
Montage Technology Co. Ltd., Class A | 3,022 | 28,707 | ||||||
Muyuan Foods Co. Ltd., Class A | 15,550 | 105,525 | ||||||
Nanjing King-Friend Biochemical Pharmaceutical Co. Ltd., Class A | 15,500 | 38,402 | ||||||
NARI Technology Co. Ltd., Class A | 26,736 | 100,285 | ||||||
NAURA Technology Group Co. Ltd., Class A | 2,163 | 68,061 | ||||||
NavInfo Co. Ltd., Class A | 11,031 | 18,345 | ||||||
NetEase, Inc., ADR | 26,921 | 1,914,621 | ||||||
New China Life Insurance Co. Ltd., Class A | 4,480 | 18,139 | ||||||
New China Life Insurance Co. Ltd., Class H | 71,713 | 167,396 | ||||||
New Hope Liuhe Co. Ltd., Class A* | 10,878 | 20,916 | ||||||
Ninestar Corp., Class A | 7,759 | 59,182 | ||||||
Ningbo Tuopu Group Co. Ltd., Class A | 3,500 | 33,347 | ||||||
NIO, Inc., ADR*(a) | 163,154 | 2,085,108 | ||||||
Nongfu Spring Co. Ltd., Class H, 144A(a) | 114,619 | 662,266 | ||||||
Offcn Education Technology Co. Ltd., Class A* | 26,339 | 18,406 | ||||||
Oppein Home Group, Inc., Class A | 2,766 | 42,563 | ||||||
Orient Securities Co. Ltd., Class A | 23,380 | 29,474 | ||||||
Ovctek China, Inc., Class A | 3,677 | 16,351 | ||||||
Pangang Group Vanadium Titanium & Resources Co. Ltd., Class A* | 47,342 | 36,157 | ||||||
People’s Insurance Co. Group of China Ltd., Class A | 39,304 | 30,074 | ||||||
People’s Insurance Co. Group of China Ltd., Class H | 584,409 | 196,163 | ||||||
Pharmaron Beijing Co. Ltd., Class A | 5,505 | 49,831 | ||||||
Pharmaron Beijing Co. Ltd., Class H, 144A | 10,945 | 62,258 | ||||||
PICC Property & Casualty Co. Ltd., Class H | 443,475 | 446,571 | ||||||
Pinduoduo, Inc., ADR* | 50,339 | 4,129,812 | ||||||
Ping An Bank Co. Ltd., Class A | 93,433 | 171,867 | ||||||
Ping An Healthcare and Technology Co. Ltd., 144A*(a) | 35,301 | 88,009 | ||||||
Ping An Insurance Group Co. of China Ltd., Class A | 69,167 | 438,912 | ||||||
Ping An Insurance Group Co. of China Ltd., Class H | 680,234 | 4,161,319 | ||||||
Poly Developments and Holdings Group Co. Ltd., Class A | 43,488 | 102,219 | ||||||
Poly Property Services Co. Ltd., Class H | 10,741 | 63,300 | ||||||
Pop Mart International Group Ltd., 144A(a) | 18,980 | 42,164 | ||||||
Postal Savings Bank of China Co. Ltd., Class A | 100,873 | 63,512 | ||||||
Postal Savings Bank of China Co. Ltd., Class H, 144A | 828,114 | 496,518 | ||||||
Qinghai Salt Lake Industry Co. Ltd., Class A* | 28,100 | 100,324 | ||||||
Rongsheng Petrochemical Co. Ltd., Class A | 23,842 | 41,703 | ||||||
SAIC Motor Corp. Ltd., Class A | 18,888 | 40,477 | ||||||
Sangfor Technologies, Inc., Class A | 3,812 | 60,396 | ||||||
Sany Heavy Industry Co. Ltd., Class A | 30,512 | 68,531 | ||||||
Satellite Chemical Co. Ltd., Class A | 27,749 | 56,998 | ||||||
Seazen Group Ltd.*(a) | 145,728 | 65,345 | ||||||
Seazen Holdings Co. Ltd., Class A* | 10,115 | 32,529 | ||||||
SF Holding Co. Ltd., Class A | 17,931 | 134,162 | ||||||
SG Micro Corp., Class A | 1,209 | 30,210 | ||||||
Shandong Gold Mining Co. Ltd., Class H, 144A | 49,319 | 96,294 | ||||||
Shandong Hualu Hengsheng Chemical Co. Ltd., Class A | 18,550 | 87,230 | ||||||
Shandong Linglong Tyre Co. Ltd., Class A | 4,844 | 13,738 | ||||||
Shandong Nanshan Aluminum Co. Ltd., Class A | 107,584 | 53,158 | ||||||
Shandong Weigao Group Medical Polymer Co. Ltd., Class H | 149,410 | 217,066 |
Shanghai Baosight Software Co. Ltd., Class A | 3,947 | 21,943 | ||||||
Shanghai Baosight Software Co. Ltd., Class B | 31,434 | 94,365 | ||||||
Shanghai Electric Group Co. Ltd., Class H* | 303,875 | 71,243 | ||||||
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class A | 13,471 | 70,554 | ||||||
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H | 48,230 | 159,418 | ||||||
Shanghai Fudan Microelectronics Group Co. Ltd., Class H | 25,376 | 118,500 | ||||||
Shanghai International Airport Co. Ltd., Class A* | 7,184 | 56,267 | ||||||
Shanghai International Port Group Co. Ltd., Class A | 42,100 | 32,391 | ||||||
Shanghai Jinjiang International Hotels Co. Ltd., Class A | 5,632 | 44,127 | ||||||
Shanghai Junshi Biosciences Co. Ltd., Class A* | 4,474 | 41,749 | ||||||
Shanghai Junshi Biosciences Co. Ltd., Class H, 144A* | 6,944 | 30,692 | ||||||
Shanghai Lujiazui Finance & Trade Zone Development Co. Ltd., Class B | 65,381 | 52,566 | ||||||
Shanghai M&G Stationery, Inc., Class A | 4,400 | 29,679 | ||||||
Shanghai MicroPort MedBot Group Co. Ltd.*(a) | 19,404 | 74,330 | ||||||
Shanghai Pharmaceuticals Holding Co. Ltd., Class A | 17,000 | 46,439 | ||||||
Shanghai Pharmaceuticals Holding Co. Ltd., Class H | 47,085 | 78,058 | ||||||
Shanghai Pudong Development Bank Co. Ltd., Class A | 112,261 | 114,423 | ||||||
Shanghai Putailai New Energy Technology Co. Ltd., Class A | 3,732 | 29,240 | ||||||
Shanghai Yuyuan Tourist Mart Group Co. Ltd., Class A | 18,885 | 19,409 | ||||||
Shanxi Taigang Stainless Steel Co. Ltd., Class A | 44,671 | 28,441 | ||||||
Shenwan Hongyuan Group Co. Ltd., Class A | 74,927 | 43,685 | ||||||
Shenzhen Capchem Technology Co. Ltd., Class A | 3,357 | 18,838 | ||||||
Shenzhen Dynanonic Co. Ltd., Class A | 900 | 28,739 | ||||||
Shenzhen Inovance Technology Co. Ltd., Class A | 8,818 | 87,464 | ||||||
Shenzhen Kangtai Biological Products Co. Ltd., Class A | 3,624 | 17,599 | ||||||
Shenzhen Mindray Bio-Medical Electronics Co. Ltd., Class A | 7,791 | 357,019 | ||||||
Shenzhen Overseas Chinese Town Co. Ltd., Class A | 36,464 | 30,114 | ||||||
Shenzhen SC New Energy Technology Corp., Class A | 1,900 | 34,467 | ||||||
Shenzhou International Group Holdings Ltd. | 51,631 | 460,713 | ||||||
Sichuan Chuantou Energy Co. Ltd., Class A | 27,600 | 46,483 | ||||||
Sichuan Kelun Pharmaceutical Co. Ltd., Class A | 5,800 | 19,307 | ||||||
Sichuan Road & Bridge Group Co. Ltd., Class A | 41,752 | 69,139 | ||||||
Sichuan Swellfun Co. Ltd., Class A | 3,800 | 33,636 | ||||||
Sinoma Science & Technology Co. Ltd., Class A | 5,182 | 17,031 | ||||||
Sinopharm Group Co. Ltd., Class H | 90,678 | 214,221 | ||||||
Sinotrans Ltd., Class H | 140,207 | 44,906 | ||||||
Sinotruk Hong Kong Ltd. | 43,975 | 57,015 | ||||||
Sunac China Holdings Ltd.*(b) | 230,518 | 0 | ||||||
Sungrow Power Supply Co. Ltd., Class A | 8,089 | 131,323 | ||||||
Sunny Optical Technology Group Co. Ltd. | 43,884 | 511,057 | ||||||
Sunwoda Electronic Co. Ltd., Class A | 10,172 | 34,751 | ||||||
Suzhou Dongshan Precision Manufacturing Co. Ltd., Class A | 8,700 | 31,810 | ||||||
Suzhou Maxwell Technologies Co. Ltd., Class A | 1,290 | 78,308 | ||||||
TCL Technology Group Corp., Class A | 94,768 | 53,782 | ||||||
TCL Zhonghuan Renewable Energy Technology Co. Ltd., Class A | 24,262 | 142,382 | ||||||
Tencent Holdings Ltd. | 657,573 | 24,195,114 | ||||||
Tencent Music Entertainment Group, ADR* | 64,990 | 455,580 | ||||||
Thunder Software Technology Co. Ltd., Class A | 2,871 | 46,407 | ||||||
Tingyi Cayman Islands Holding Corp. | 68,291 | 111,638 | ||||||
Tongcheng Travel Holdings Ltd.* | 101,331 | 216,540 | ||||||
Tongwei Co. Ltd., Class A | 18,550 | 113,444 | ||||||
Topchoice Medical Corp., Class A* | 1,965 | 35,094 | ||||||
Topsports International Holdings Ltd., 144A | 135,291 | 86,144 | ||||||
TravelSky Technology Ltd., Class H | 98,588 | 198,300 | ||||||
Trina Solar Co. Ltd., Class A | 11,239 | 102,338 | ||||||
Trip.com Group Ltd., ADR* | 70,037 | 2,237,682 | ||||||
Unigroup Guoxin Microelectronics Co. Ltd., Class A | 3,428 | 63,633 | ||||||
Uni-President China Holdings Ltd. | 78,694 | 68,960 | ||||||
Universal Scientific Industrial Shanghai Co. Ltd., Class A | 18,400 | 46,055 | ||||||
Vipshop Holdings Ltd., ADR* | 35,883 | 400,095 | ||||||
Walvax Biotechnology Co. Ltd., Class A | 6,070 | 36,222 |
Wanhua Chemical Group Co. Ltd., Class A | 12,131 | 153,274 | ||||||
Want Want China Holdings Ltd. | 261,042 | 177,250 | ||||||
Weibo Corp., ADR* | 6,629 | 105,666 | ||||||
Weichai Power Co. Ltd., Class A | 13,688 | 20,734 | ||||||
Weichai Power Co. Ltd., Class H | 147,188 | 194,604 | ||||||
Wens Foodstuffs Group Co. Ltd., Class A | 15,686 | 39,771 | ||||||
Western Securities Co. Ltd., Class A | 44,956 | 40,681 | ||||||
Will Semiconductor Co. Ltd., Class A | 4,218 | 48,405 | ||||||
Wingtech Technology Co. Ltd., Class A | 6,070 | 47,199 | ||||||
WuXi AppTec Co. Ltd., Class A | 16,850 | 185,543 | ||||||
WuXi AppTec Co. Ltd., Class H, 144A | 37,321 | 367,209 | ||||||
Wuxi Biologics Cayman, Inc., 144A* | 389,645 | 2,503,452 | ||||||
Wuxi Shangji Automation Co. Ltd., Class A | 1,900 | 31,222 | ||||||
XCMG Construction Machinery Co. Ltd., Class A | 133,389 | 99,238 | ||||||
Xiamen C & D, Inc., Class A | 24,800 | 54,512 | ||||||
Xiaomi Corp., Class B, 144A* | 966,220 | 1,277,483 | ||||||
Xinjiang Goldwind Science & Technology Co. Ltd., Class A | 27,287 | 44,338 | ||||||
Xinjiang Goldwind Science & Technology Co. Ltd., Class H | 100,138 | 107,637 | ||||||
Xinyi Solar Holdings Ltd. | 547,680 | 632,195 | ||||||
XPeng, Inc., ADR*(a) | 65,012 | 702,780 | ||||||
Yealink Network Technology Corp. Ltd., Class A | 4,533 | 40,725 | ||||||
Yifeng Pharmacy Chain Co. Ltd., Class A | 495 | 4,549 | ||||||
Yihai International Holding Ltd.* | 33,109 | 102,650 | ||||||
Yihai Kerry Arawana Holdings Co. Ltd., Class A | 7,184 | 41,835 | ||||||
Yonyou Network Technology Co. Ltd., Class A | 20,100 | 65,008 | ||||||
YTO Express Group Co. Ltd., Class A | 14,655 | 40,178 | ||||||
Yunda Holding Co. Ltd., Class A | 8,618 | 14,964 | ||||||
Yunnan Aluminium Co. Ltd., Class A | 18,868 | 28,341 | ||||||
Yunnan Baiyao Group Co. Ltd., Class A | 7,847 | 62,678 | ||||||
Yunnan Energy New Material Co. Ltd., Class A | 4,177 | 73,367 | ||||||
Yunnan Tin Co. Ltd., Class A | 19,600 | 37,160 | ||||||
Zai Lab Ltd., ADR*(a) | 5,363 | 206,797 | ||||||
Zhangzhou Pientzehuang Pharmaceutical Co. Ltd., Class A | 3,056 | 109,991 | ||||||
Zhejiang Century Huatong Group Co. Ltd., Class A* | 78,886 | 43,878 | ||||||
Zhejiang Chint Electrics Co. Ltd., Class A | 7,554 | 30,670 | ||||||
Zhejiang Dahua Technology Co. Ltd., Class A | 33,468 | 56,130 | ||||||
Zhejiang Dingli Machinery Co. Ltd., Class A | 2,700 | 19,356 | ||||||
Zhejiang Expressway Co. Ltd., Class H | 70,040 | 52,044 | ||||||
Zhejiang Huahai Pharmaceutical Co. Ltd., Class A | 9,900 | 28,371 | ||||||
Zhejiang Huayou Cobalt Co. Ltd., Class A | 3,273 | 28,883 | ||||||
Zhejiang Jingsheng Mechanical & Electrical Co. Ltd., Class A | 9,175 | 83,544 | ||||||
Zhejiang Jiuzhou Pharmaceutical Co. Ltd., Class A | 4,030 | 22,529 | ||||||
Zhejiang Juhua Co. Ltd., Class A | 18,500 | 44,007 | ||||||
Zhejiang NHU Co. Ltd., Class A | 13,516 | 37,589 | ||||||
Zhejiang Supor Co. Ltd., Class A | 6,300 | 40,760 | ||||||
Zhejiang Weiming Environment Protection Co. Ltd., Class A | 9,700 | 27,935 | ||||||
Zheshang Securities Co. Ltd., Class A | 16,722 | 25,236 | ||||||
ZhongAn Online P&C Insurance Co. Ltd., Class H, 144A* | 85,669 | 220,607 | ||||||
Zhongji Innolight Co. Ltd., Class A | 8,800 | 35,567 | ||||||
Zhongsheng Group Holdings Ltd. | 26,588 | 135,571 | ||||||
Zhuzhou CRRC Times Electric Co. Ltd. | 30,023 | 138,085 | ||||||
Zhuzhou CRRC Times Electric Co. Ltd., Class A | 2,832 | 22,249 | ||||||
Zhuzhou Kibing Group Co. Ltd., Class A | 23,980 | 33,447 | ||||||
Zijin Mining Group Co. Ltd., Class A | 87,452 | 121,359 | ||||||
Zijin Mining Group Co. Ltd., Class H | 366,661 | 476,323 | ||||||
Zoomlion Heavy Industry Science and Technology Co. Ltd., Class A | 34,900 | 28,773 | ||||||
Zoomlion Heavy Industry Science and Technology Co. Ltd., Class H | 73,661 | 34,257 | ||||||
ZTE Corp., Class A | 18,512 | 64,028 | ||||||
ZTE Corp., Class H | 40,095 | 87,017 | ||||||
ZTO Express Cayman, Inc., ADR(a) | 31,289 | 784,415 | ||||||
|
| |||||||
(Cost $200,109,644) | 136,111,442 | |||||||
|
| |||||||
Colombia - 0.1% | ||||||||
Bancolombia SA | 24,943 | 207,113 | ||||||
Ecopetrol SA | 160,799 | 76,439 | ||||||
Interconexion Electrica SA ESP | 32,351 | 130,955 | ||||||
|
| |||||||
(Cost $480,123) | 414,507 | |||||||
|
| |||||||
Cyprus - 0.0% | ||||||||
Polymetal International PLC*(b) | ||||||||
(Cost $548,412) | 28,889 | 0 | ||||||
|
| |||||||
Czech Republic - 0.1% | ||||||||
CEZ AS | 10,261 | 348,870 | ||||||
Komercni Banka AS | 8,465 | 246,998 | ||||||
Moneta Money Bank AS, 144A | 38,676 | 117,758 | ||||||
|
| |||||||
(Cost $951,780) | 713,626 | |||||||
|
| |||||||
Egypt - 0.1% | ||||||||
Commercial International Bank Egypt SAE | 269,614 | 439,839 | ||||||
Egyptian Financial Group-Hermes Holding Co.* | 72,041 | 44,310 | ||||||
|
| |||||||
(Cost $580,780) | 484,149 | |||||||
|
|
Greece - 0.4% | ||||||||
Alpha Services and Holdings SA* | 227,906 | 237,362 | ||||||
Eurobank Ergasias Services and Holdings SA* | 269,404 | 302,357 | ||||||
Hellenic Telecommunications Organization SA | 23,798 | 361,428 | ||||||
JUMBO SA | 7,006 | 109,577 | ||||||
Mytilineos SA | 8,692 | 160,558 | ||||||
National Bank of Greece SA* | 55,490 | 221,114 | ||||||
Piraeus Financial Holdings SA* | 72,832 | 104,988 | ||||||
Star Bulk Carriers Corp. | 5,794 | 111,535 | ||||||
Terna Energy SA | 4,798 | 96,335 | ||||||
|
| |||||||
(Cost $1,826,062) | 1,705,254 | |||||||
|
| |||||||
Hong Kong - 0.7% | ||||||||
Beijing Enterprises Water Group Ltd. | 245,438 | 65,090 | ||||||
BOC Hong Kong Holdings Ltd. | 391,367 | 1,240,962 | ||||||
China Everbright Environment Group Ltd. | 255,131 | 116,689 | ||||||
China Jinmao Holdings Group Ltd. | 539,833 | 126,564 | ||||||
China Merchants Port Holdings Co. Ltd. | 80,561 | 117,041 | ||||||
China Overseas Land & Investment Ltd. | 316,726 | 856,181 | ||||||
China Resources Cement Holdings Ltd. | 58,571 | 31,591 | ||||||
China Resources Land Ltd. | 126,066 | 581,433 | ||||||
China State Construction International Holdings Ltd. | 100,213 | 120,042 | ||||||
China Taiping Insurance Holdings Co. Ltd. | 100,681 | 102,158 | ||||||
Guangdong Investment Ltd. | 127,454 | 116,914 | ||||||
Orient Overseas International Ltd. | 6,394 | 119,762 | ||||||
|
| |||||||
(Cost $3,892,459) | 3,594,427 | |||||||
|
| |||||||
Hungary - 0.2% | ||||||||
OTP Bank Nyrt | 23,501 | 634,571 | ||||||
Richter Gedeon Nyrt | 8,941 | 189,770 | ||||||
|
| |||||||
(Cost $1,642,868) | 824,341 | |||||||
|
| |||||||
India - 14.9% | ||||||||
Aarti Industries Ltd. | 16,436 | 136,152 | ||||||
Aarti Pharmalabs Ltd.*(b) | 4,109 | 19,153 | ||||||
ABB India Ltd. | 3,116 | 114,816 | ||||||
ACC Ltd. | 6,089 | 191,655 | ||||||
Adani Green Energy Ltd.* | 61,395 | 1,595,635 | ||||||
Adani Ports & Special Economic Zone Ltd. | 76,811 | 830,963 | ||||||
Adani Transmission Ltd.* | 25,202 | 900,091 | ||||||
Alkem Laboratories Ltd. | 1,851 | 71,011 | ||||||
Ambuja Cements Ltd. | 41,360 | 289,874 | ||||||
Apollo Hospitals Enterprise Ltd. | 7,754 | 450,027 | ||||||
Ashok Leyland Ltd. | 118,617 | 216,737 | ||||||
Asian Paints Ltd. | 40,960 | 1,597,006 | ||||||
Astral Ltd. | 6,452 | 149,316 | ||||||
AU Small Finance Bank Ltd., 144A | 25,346 | 198,974 | ||||||
Aurobindo Pharma Ltd. | 21,631 | 124,137 | ||||||
Avenue Supermarts Ltd., 144A* | 15,062 | 744,534 | ||||||
Axis Bank Ltd. | 203,235 | 2,249,189 | ||||||
Axis Bank Ltd., GDR | 8,924 | 499,744 | ||||||
Bajaj Auto Ltd. | 3,500 | 161,199 | ||||||
Bajaj Finance Ltd. | 16,161 | 1,333,771 | ||||||
Bajaj Finserv Ltd. | 23,950 | 478,346 | ||||||
Bajaj Holdings & Investment Ltd. | 2,609 | 201,673 | ||||||
Balkrishna Industries Ltd. | 6,765 | 169,635 | ||||||
Bandhan Bank Ltd., 144A* | 69,084 | 202,240 | ||||||
Bank of Baroda | 84,525 | 172,556 | ||||||
Berger Paints India Ltd. | 27,192 | 207,823 | ||||||
Bharat Forge Ltd. | 25,335 | 267,408 | ||||||
Bharti Airtel Ltd. | 231,576 | 2,413,546 | ||||||
Biocon Ltd. | 35,317 | 122,665 | ||||||
Bosch Ltd. | 255 | 53,246 | ||||||
Britannia Industries Ltd. | 4,327 | 231,785 | ||||||
Canara Bank | 30,287 | 117,040 | ||||||
Cholamandalam Investment and Finance Co. Ltd. | 37,973 | 333,328 | ||||||
Cipla Ltd. | 49,572 | 693,730 | ||||||
Colgate-Palmolive India Ltd. | 10,482 | 210,081 | ||||||
Container Corp. Of India Ltd. | 19,022 | 180,313 | ||||||
Dabur India Ltd. | 46,634 | 336,915 | ||||||
Dalmia Bharat Ltd. | 8,311 | 185,812 | ||||||
Deepak Nitrite Ltd. | 7,381 | 197,182 | ||||||
Divi’s Laboratories Ltd. | 12,422 | 519,341 | ||||||
DLF Ltd. | 39,961 | 197,582 | ||||||
Dr. Reddy’s Laboratories Ltd. | 12,728 | 701,315 | ||||||
Eicher Motors Ltd. | 5,119 | 219,032 | ||||||
Embassy Office Parks REIT | 83,442 | 351,356 | ||||||
Gland Pharma Ltd., 144A* | 5,501 | 120,215 | ||||||
Godrej Consumer Products Ltd.* | 39,921 | 432,097 | ||||||
Godrej Properties Ltd.* | 7,592 | 121,674 | ||||||
Grasim Industries Ltd. | 22,477 | 485,704 | ||||||
Havells India Ltd. | 14,828 | 228,248 | ||||||
HCL Technologies Ltd. | 105,238 | 1,448,381 | ||||||
HDFC Asset Management Co. Ltd., 144A | 2,651 | 71,197 | ||||||
HDFC Life Insurance Co. Ltd., 144A | 80,730 | 585,478 | ||||||
Hero MotoCorp Ltd. | 8,649 | 302,888 | ||||||
Hindalco Industries Ltd. | 80,210 | 443,913 | ||||||
Hindustan Unilever Ltd. | 84,532 | 2,786,394 | ||||||
Honeywell Automation India Ltd. | 156 | 79,911 | ||||||
Housing Development Finance Corp. Ltd. | 108,918 | 3,601,187 | ||||||
ICICI Bank Ltd. | 337,645 | 3,950,844 | ||||||
ICICI Lombard General Insurance Co. Ltd., 144A | 20,537 | 305,434 | ||||||
ICICI Prudential Life Insurance Co. Ltd., 144A | 31,501 | 184,203 | ||||||
IDFC First Bank Ltd.* | 271,652 | 195,476 | ||||||
Indian Railway Catering & Tourism Corp. Ltd. | 21,352 | 193,026 | ||||||
Indus Towers Ltd. | 52,599 | 129,437 | ||||||
IndusInd Bank Ltd. | 48,277 | 692,295 |
Info Edge India Ltd. | 5,921 | 290,363 | ||||||
Infosys Ltd. | 282,867 | 5,678,962 | ||||||
Infosys Ltd., ADR | 146,350 | 2,978,223 | ||||||
InterGlobe Aviation Ltd., 144A* | 4,009 | 95,378 | ||||||
JSW Energy Ltd. | 44,367 | 167,882 | ||||||
JSW Steel Ltd. | 57,633 | 526,109 | ||||||
Jubilant Foodworks Ltd. | 35,352 | 237,391 | ||||||
Kansai Nerolac Paints Ltd. | 11,187 | 61,597 | ||||||
Kotak Mahindra Bank Ltd. | 71,737 | 1,715,152 | ||||||
L&T Technology Services Ltd., 144A | 2,360 | 110,553 | ||||||
Larsen & Toubro Infotech Ltd., 144A | 3,665 | 217,757 | ||||||
Laurus Labs Ltd., 144A | 30,967 | 158,740 | ||||||
Linde India Ltd. | 2,032 | 76,119 | ||||||
Lupin Ltd. | 15,662 | 147,338 | ||||||
Macrotech Developers Ltd., 144A* | 6,261 | 75,752 | ||||||
Mahindra & Mahindra Ltd. | 65,467 | 1,049,578 | ||||||
Marico Ltd. | 54,315 | 338,384 | ||||||
Maruti Suzuki India Ltd. | 7,628 | 840,594 | ||||||
Max Financial Services Ltd.* | 22,969 | 199,014 | ||||||
Max Healthcare Institute Ltd.* | 29,603 | 163,616 | ||||||
Mindtree Ltd.(b) | 5,223 | 229,984 | ||||||
Mphasis Ltd. | 5,326 | 131,930 | ||||||
MRF Ltd. | 254 | 291,806 | ||||||
Muthoot Finance Ltd. | 11,564 | 153,467 | ||||||
Nestle India Ltd. | 2,217 | 549,480 | ||||||
NHPC Ltd. | 230,042 | 118,783 | ||||||
NMDC Ltd. | 52,600 | 76,023 | ||||||
NMDC Steel Ltd.*(b) | 52,600 | 23,931 | ||||||
Oberoi Realty Ltd. | 9,399 | 106,632 | ||||||
Oracle Financial Services Software Ltd. | 2,341 | 89,340 | ||||||
Page Industries Ltd. | 374 | 217,763 | ||||||
Persistent Systems Ltd. | 3,389 | 172,899 | ||||||
PI Industries Ltd. | 6,519 | 279,612 | ||||||
Pidilite Industries Ltd. | 9,910 | 334,490 | ||||||
Piramal Enterprises Ltd. | 8,258 | 83,643 | ||||||
Piramal Pharma Ltd.* | 33,032 | 54,474 | ||||||
Polycab India Ltd. | 3,340 | 105,200 | ||||||
Power Finance Corp. Ltd. | 67,521 | 112,678 | ||||||
Power Grid Corp. of India Ltd. | 174,065 | 478,786 | ||||||
Punjab National Bank | 164,143 | 103,400 | ||||||
REC Ltd. | 90,522 | 122,662 | ||||||
Samvardhana Motherson International Ltd. | 85,125 | 78,136 | ||||||
SBI Cards & Payment Services Ltd. | 17,072 | 172,793 | ||||||
SBI Life Insurance Co. Ltd., 144A | 34,441 | 542,564 | ||||||
Shree Cement Ltd. | 616 | 180,631 | ||||||
Shriram Transport Finance Co. Ltd. | 11,601 | 192,314 | ||||||
Siemens Ltd. | 4,477 | 152,554 | ||||||
SRF Ltd. | 11,293 | 328,058 | ||||||
State Bank of India | 194,572 | 1,439,407 | ||||||
Steel Authority of India Ltd. | 96,449 | 100,492 | ||||||
Sun Pharmaceutical Industries Ltd. | 64,432 | 827,630 | ||||||
Tata Communications Ltd. | 9,401 | 150,095 | ||||||
Tata Consultancy Services Ltd. | 114,766 | 4,778,567 | ||||||
Tata Consumer Products Ltd. | 51,391 | 516,237 | ||||||
Tata Elxsi Ltd. | 3,075 | 264,704 | ||||||
Tata Motors Ltd.* | 107,230 | 578,574 | ||||||
Tata Motors Ltd., Class A* | 21,074 | 60,852 | ||||||
Tata Power Co. Ltd. | 88,674 | 244,779 | ||||||
Tata Steel Ltd. | 443,690 | 586,511 | ||||||
Tech Mahindra Ltd. | 59,858 | 791,626 | ||||||
Titan Co. Ltd. | 23,758 | 773,979 | ||||||
Torrent Pharmaceuticals Ltd. | 8,064 | 164,367 | ||||||
Trent Ltd. | 15,318 | 276,815 | ||||||
UltraTech Cement Ltd. | 7,106 | 617,528 | ||||||
United Spirits Ltd.* | 18,570 | 212,593 | ||||||
UPL Ltd. | 27,331 | 265,033 | ||||||
Varun Beverages Ltd. | 19,654 | 301,617 | ||||||
Vedanta Ltd. | 47,386 | 177,095 | ||||||
Voltas Ltd. | 18,068 | 181,820 | ||||||
Wipro Ltd. | 168,457 | 841,703 | ||||||
Yes Bank Ltd.* | 1,736,925 | 365,786 | ||||||
Zydus Lifesciences Ltd. | 16,885 | 84,989 | ||||||
|
| |||||||
(Cost $74,791,868) | 72,211,270 | |||||||
|
| |||||||
Indonesia - 2.2% | ||||||||
Aneka Tambang Tbk | 380,026 | 47,952 | ||||||
PT Bank Central Asia Tbk | 6,055,183 | 3,579,646 | ||||||
PT Bank Jago Tbk* | 529,518 | 154,498 | ||||||
PT Bank Mandiri Persero Tbk | 1,945,207 | 1,301,421 | ||||||
PT Bank Negara Indonesia Persero Tbk | 469,928 | 295,731 | ||||||
PT Bank Rakyat Indonesia Persero Tbk | 7,619,375 | 2,412,007 | ||||||
PT Barito Pacific Tbk | 2,018,151 | 101,347 | ||||||
PT Chandra Asri Petrochemical Tbk | 1,436,228 | 218,198 | ||||||
PT Charoen Pokphand Indonesia Tbk | 471,436 | 170,816 | ||||||
PT Elang Mahkota Teknologi Tbk | 1,724,028 | 141,372 | ||||||
PT Indah Kiat Pulp & Paper Tbk | 194,701 | 123,765 | ||||||
PT Indocement Tunggal Prakarsa Tbk | 114,098 | 72,166 | ||||||
PT Indofood CBP Sukses Makmur Tbk | 73,928 | 47,464 | ||||||
PT Indofood Sukses Makmur Tbk | 277,573 | 113,806 | ||||||
PT Kalbe Farma Tbk | 1,448,856 | 190,645 | ||||||
PT Merdeka Copper Gold Tbk* | 1,065,263 | 281,018 | ||||||
PT Sarana Menara Nusantara Tbk | 2,275,750 | 163,468 | ||||||
PT Semen Indonesia Persero Tbk | 149,619 | 72,282 | ||||||
PT Telkom Indonesia Persero Tbk | 3,138,139 | 805,904 | ||||||
PT Tower Bersama Infrastructure Tbk | 151,700 | 22,372 | ||||||
PT Unilever Indonesia Tbk | 570,997 | 174,223 | ||||||
PT Vale Indonesia Tbk* | 165,095 | 77,397 | ||||||
|
| |||||||
(Cost $10,082,690) | 10,567,498 | |||||||
|
| |||||||
Kuwait - 0.8% | ||||||||
Agility Public Warehousing Co. KSC | 116,136 | 296,702 | ||||||
Boubyan Bank KSCP | 94,771 | 259,655 | ||||||
Gulf Bank KSCP | 154,371 | 169,881 |
Kuwait Finance House KSCP | 332,969 | 936,053 | ||||||
Mabanee Co KPSC | 40,423 | 115,607 | ||||||
Mobile Telecommunications Co. KSCP | 217,049 | 413,594 | ||||||
National Bank of Kuwait SAKP | 469,232 | 1,709,068 | ||||||
|
| |||||||
(Cost $3,467,900) | 3,900,560 | |||||||
|
| |||||||
Malaysia - 0.9% | ||||||||
AMMB Holdings Bhd | 162,900 | 152,736 | ||||||
Axiata Group Bhd | 151,452 | 110,673 | ||||||
CIMB Group Holdings Bhd | 452,104 | 589,590 | ||||||
DiGi.Com Bhd | 88,800 | 79,865 | ||||||
Gamuda Bhd | 72,322 | 64,720 | ||||||
Greatech Technology Bhd* | 24,600 | 25,443 | ||||||
Hartalega Holdings Bhd | 74,400 | 28,940 | ||||||
Hong Leong Bank Bhd | 44,000 | 206,372 | ||||||
Hong Leong Financial Group Bhd | 10,300 | 42,891 | ||||||
IHH Healthcare Bhd | 74,700 | 97,417 | ||||||
Inari Amertron Bhd | 223,700 | 133,792 | ||||||
IOI Corp. Bhd | 87,400 | 75,069 | ||||||
Kuala Lumpur Kepong Bhd | 15,700 | 73,779 | ||||||
Malayan Banking Bhd | 277,556 | 538,574 | ||||||
Malaysia Airports Holdings Bhd* | 40,700 | 58,842 | ||||||
Malaysian Pacific Industries Bhd | 8,000 | 50,006 | ||||||
Maxis Bhd | 87,200 | 75,289 | ||||||
MISC Bhd | 67,700 | 109,599 | ||||||
MR DIY Group M Bhd, 144A | 189,350 | 89,406 | ||||||
Nestle Malaysia Bhd | 2,419 | 75,548 | ||||||
Petronas Chemicals Group Bhd | 89,000 | 170,896 | ||||||
PPB Group Bhd | 25,300 | 97,844 | ||||||
Press Metal Aluminium Holdings Bhd | 205,500 | 224,098 | ||||||
Public Bank Bhd | 701,200 | 709,477 | ||||||
QL Resources Bhd | 53,600 | 67,128 | ||||||
RHB Bank Bhd | 155,931 | 197,039 | ||||||
Sime Darby Bhd | 121,400 | 58,687 | ||||||
Sime Darby Plantation Bhd | 74,900 | 71,742 | ||||||
Telekom Malaysia Bhd | 76,800 | 96,701 | ||||||
TIME dotCom Bhd | 74,700 | 81,964 | ||||||
Top Glove Corp. Bhd | 254,400 | 49,765 | ||||||
Westports Holdings Bhd | 19,900 | 15,303 | ||||||
|
| |||||||
(Cost $4,846,358) | 4,519,195 | |||||||
|
| |||||||
Mexico - 2.8% | ||||||||
Alfa SAB de CV, Class A | 310,609 | 214,357 | ||||||
America Movil SAB de CV, Series L | 3,008,290 | 2,914,579 | ||||||
Arca Continental SAB de CV | 32,285 | 268,332 | ||||||
Cemex SAB de CV, Series CPO* | 917,121 | 418,950 | ||||||
Coca-Cola Femsa SAB de CV | 59,757 | 405,824 | ||||||
El Puerto de Liverpool SAB de CV, Class C1 | 12,773 | 74,125 | ||||||
Fibra Uno Administracion SA de CV REIT | 190,970 | 236,279 | ||||||
Fomento Economico Mexicano SAB de CV | 143,955 | 1,142,367 | ||||||
Gruma SAB de CV, Class B | 6,395 | 79,496 | ||||||
Grupo Aeroportuario del Pacifico SAB de CV, Class B | 24,575 | 394,956 | ||||||
Grupo Aeroportuario del Sureste SAB de CV, Class B | 7,198 | 177,346 | ||||||
Grupo Bimbo SAB de CV, Series A | 80,716 | 341,387 | ||||||
Grupo Elektra SAB DE CV(a) | 5,522 | 293,990 | ||||||
Grupo Financiero Banorte SAB de CV, Class O | 317,396 | 2,527,896 | ||||||
Grupo Financiero Inbursa SAB de CV, Class O* | 107,371 | 198,575 | ||||||
Grupo Mexico SAB de CV, Series B | 210,361 | 854,322 | ||||||
Grupo Televisa SAB, Series CPO | 285,209 | 311,951 | ||||||
Industrias Penoles SAB de CV* | 9,566 | 128,073 | ||||||
Kimberly-Clark de Mexico SAB de CV, Class A | 177,841 | 301,091 | ||||||
Orbia Advance Corp. SAB de CV | 77,787 | 151,491 | ||||||
Sitios Latinoamerica SAB de CV* | 150,001 | 67,206 | ||||||
Wal-Mart de Mexico SAB de CV | 567,312 | 2,246,583 | ||||||
|
| |||||||
(Cost $13,450,986) | 13,749,176 | |||||||
|
| |||||||
Peru - 0.2% | ||||||||
Credicorp Ltd.(c) | 2,762 | 424,105 | ||||||
Credicorp Ltd. | 1,733 | 264,802 | ||||||
InRetail Peru Corp., 144A | 4,448 | 160,173 | ||||||
Intercorp Financial Services, Inc. | 3,238 | 79,655 | ||||||
|
| |||||||
(Cost $742,511) | 928,735 | |||||||
|
| |||||||
Philippines - 0.6% | ||||||||
ACEN Corp. | 59,410 | 7,468 | ||||||
Ayala Land, Inc. | 419,100 | 233,410 | ||||||
Bank of the Philippine Islands | 204,310 | 382,540 | ||||||
BDO Unibank, Inc. | 204,290 | 469,910 | ||||||
Globe Telecom, Inc. | 3,264 | 132,730 | ||||||
International Container Terminal Services, Inc. | 58,370 | 211,560 | ||||||
JG Summit Holdings, Inc. | 130,540 | 113,322 | ||||||
Jollibee Foods Corp. | 32,860 | 142,339 | ||||||
Metropolitan Bank & Trust Co. | 109,300 | 110,730 | ||||||
PLDT, Inc. | 8,645 | 267,787 | ||||||
SM Investments Corp. | 29,490 | 489,588 | ||||||
SM Prime Holdings, Inc. | 700,500 | 450,817 | ||||||
Universal Robina Corp. | 58,400 | 137,327 | ||||||
|
| |||||||
(Cost $3,395,055) | 3,149,528 | |||||||
|
| |||||||
Qatar - 1.2% | ||||||||
Commercial Bank PSQC | 263,842 | 430,348 | ||||||
Industries Qatar QSC | 199,175 | 814,365 | ||||||
Masraf Al Rayan QSC | 491,221 | 477,227 | ||||||
Mesaieed Petrochemical Holding Co. | 411,067 | 263,002 | ||||||
Ooredoo QPSC | 72,339 | 176,232 | ||||||
Qatar International Islamic Bank QSC | 64,615 | 194,461 | ||||||
Qatar Islamic Bank SAQ | 144,583 | 963,953 | ||||||
Qatar National Bank QPSC | 484,503 | 2,607,609 | ||||||
|
| |||||||
(Cost $5,859,039) | 5,927,197 | |||||||
|
|
Russia - 0.0% | ||||||||
Alrosa PJSC*(b) | 246,725 | 0 | ||||||
MMC Norilsk Nickel PJSC(b) | 5,593 | 0 | ||||||
Mobile TeleSystems PJSC, ADR*(b) | 25,457 | 0 | ||||||
Mobile TeleSystems PJSC(b) | 32,151 | 0 | ||||||
Novolipetsk Steel PJSC(b) | 121,611 | 0 | ||||||
PIK Group PJSC*(b) | 21,692 | 0 | ||||||
Polyus PJSC*(b) | 2,793 | 0 | ||||||
Sberbank of Russia PJSC*(b) | 989,954 | 0 | ||||||
United Co RUSAL International PJSC(b) | 255,320 | 0 | ||||||
Yandex NV, Class A*(b) | 28,401 | 0 | ||||||
|
| |||||||
(Cost $9,710,782) | 0 | |||||||
|
| |||||||
Saudi Arabia - 3.0% | ||||||||
Advanced Petrochemical Co. | 12,976 | 143,420 | ||||||
Al Rajhi Bank* | 128,027 | 2,741,551 | ||||||
Alinma Bank | 84,563 | 776,065 | ||||||
Almarai Co. JSC | 34,317 | 485,646 | ||||||
Arab National Bank | 56,331 | 519,218 | ||||||
Bank AlBilad* | 43,962 | 606,937 | ||||||
Banque Saudi Fransi | 52,328 | 596,463 | ||||||
Bupa Arabia for Cooperative Insurance Co. | 5,594 | 264,875 | ||||||
Dr Sulaiman Al Habib Medical Services Group Co. | 7,223 | 445,764 | ||||||
Etihad Etisalat Co. | 32,021 | 310,904 | ||||||
Jarir Marketing Co. | 5,195 | 228,018 | ||||||
Mouwasat Medical Services Co. | 4,203 | 210,639 | ||||||
National Industrialization Co.* | 34,215 | 100,481 | ||||||
Riyad Bank | 97,730 | 896,904 | ||||||
Sahara International Petrochemical Co. | 31,068 | 296,279 | ||||||
Saudi Basic Industries Corp. | 57,793 | 1,276,004 | ||||||
Saudi British Bank | 62,407 | 683,128 | ||||||
Saudi Industrial Investment Group | 30,403 | 165,309 | ||||||
Saudi Kayan Petrochemical Co.* | 62,131 | 192,380 | ||||||
Saudi National Bank | 144,049 | 1,969,573 | ||||||
Saudi Telecom Co. | 117,487 | 1,201,669 | ||||||
Savola Group | 21,441 | 162,551 | ||||||
Yanbu National Petrochemical Co. | 17,305 | 193,109 | ||||||
|
| |||||||
(Cost $14,652,257) | 14,466,887 | |||||||
|
| |||||||
Singapore - 0.0% | ||||||||
BOC Aviation Ltd., 144A | ||||||||
(Cost $87,313) | 10,949 | 85,917 | ||||||
|
| |||||||
South Africa - 3.5% | ||||||||
Absa Group Ltd. | 65,725 | 793,417 | ||||||
Anglo American Platinum Ltd. | 3,043 | 307,481 | ||||||
AngloGold Ashanti Ltd. | 39,532 | 716,704 | ||||||
Aspen Pharmacare Holdings Ltd. | 39,008 | 325,581 | ||||||
Bid Corp. Ltd. | 35,889 | 704,394 | ||||||
Bidvest Group Ltd. | 15,084 | 206,078 | ||||||
Capitec Bank Holdings Ltd. | 4,051 | 482,450 | ||||||
Clicks Group Ltd. | 15,369 | 266,700 | ||||||
Discovery Ltd.* | 39,533 | 296,727 | ||||||
FirstRand Ltd. | 409,649 | 1,613,773 | ||||||
Gold Fields Ltd. | 76,761 | 850,953 | ||||||
Harmony Gold Mining Co. Ltd. | 45,644 | 165,390 | ||||||
Impala Platinum Holdings Ltd. | 53,313 | 657,571 | ||||||
Investec Ltd. | 18,264 | 111,416 | ||||||
Kumba Iron Ore Ltd.(a) | 2,423 | 68,943 | ||||||
MTN Group Ltd. | 149,701 | 1,240,235 | ||||||
MultiChoice Group | 30,472 | 213,156 | ||||||
Naspers Ltd., Class N | 14,416 | 2,235,733 | ||||||
Nedbank Group Ltd. | 42,988 | 577,717 | ||||||
Northam Platinum Holdings Ltd.* | 22,929 | 264,694 | ||||||
Old Mutual Ltd. | 503,220 | 328,621 | ||||||
Pepkor Holdings Ltd., 144A | 83,724 | 108,463 | ||||||
Rand Merchant Investment Holdings Ltd. | 73,000 | 125,407 | ||||||
Sanlam Ltd. | 184,555 | 609,773 | ||||||
Shoprite Holdings Ltd. | 44,622 | 661,868 | ||||||
Sibanye Stillwater Ltd. | 297,357 | 816,453 | ||||||
Standard Bank Group Ltd. | 116,420 | 1,232,864 | ||||||
Vodacom Group Ltd.(a) | 62,807 | 464,655 | ||||||
Woolworths Holdings Ltd. | 115,213 | 448,583 | ||||||
|
| |||||||
(Cost $18,022,159) | 16,895,800 | |||||||
|
| |||||||
South Korea - 10.3% | ||||||||
Alteogen, Inc.* | 2,685 | 74,614 | ||||||
Amorepacific Corp. | 1,867 | 184,739 | ||||||
AMOREPACIFIC Group | 1,617 | 38,805 | ||||||
BNK Financial Group, Inc. | 19,948 | 111,776 | ||||||
Celltrion Healthcare Co. Ltd. | 5,633 | 277,624 | ||||||
Celltrion Pharm, Inc.* | 829 | 41,800 | ||||||
Celltrion, Inc. | 5,798 | 773,741 | ||||||
Cheil Worldwide, Inc. | 5,593 | 102,840 | ||||||
Chong Kun Dang Pharmaceutical Corp. | 856 | 54,325 | ||||||
Chunbo Co. Ltd. | 379 | 69,257 | ||||||
CJ CheilJedang Corp. | 421 | 126,091 | ||||||
CJ Corp. | 808 | 46,991 | ||||||
CJ ENM Co. Ltd. | 544 | 34,566 | ||||||
Coway Co. Ltd. | 3,295 | 143,907 | ||||||
CS Wind Corp. | 1,866 | 108,237 | ||||||
Daewoo Engineering & Construction Co. Ltd.* | 13,124 | 50,651 | ||||||
DB HiTek Co. Ltd. | 2,758 | 93,268 | ||||||
DB Insurance Co. Ltd. | 3,889 | 183,119 | ||||||
DL E&C Co. Ltd. | 2,302 | 73,047 | ||||||
Dongsuh Cos., Inc. | 2,983 | 48,403 | ||||||
Doosan Bobcat, Inc. | 2,609 | 70,326 | ||||||
Doosan Fuel Cell Co. Ltd.* | 3,358 | 85,551 | ||||||
Douzone Bizon Co. Ltd. | 588 | 16,028 | ||||||
Ecopro BM Co. Ltd. | 3,124 | 269,561 | ||||||
E-MART, Inc. | 1,120 | 78,214 | ||||||
F&F Co. Ltd. / New | 1,002 | 115,103 | ||||||
Fila Holdings Corp. | 3,728 | 93,423 | ||||||
Genexine, Inc.* | 2,018 | 31,827 |
Green Cross Corp. | 405 | 39,614 | ||||||
GS Engineering & Construction Corp. | 2,982 | 52,909 | ||||||
Hana Financial Group, Inc. | 27,263 | 920,929 | ||||||
Hanjin Kal Corp.* | 1,293 | 39,853 | ||||||
Hankook Tire & Technology Co. Ltd. | 3,897 | 100,465 | ||||||
Hanmi Pharm. Co. Ltd. | 381 | 75,544 | ||||||
Hanmi Science Co. Ltd. | 1,892 | 45,046 | ||||||
Hanon Systems | 11,187 | 73,797 | ||||||
Hansol Chemical Co. Ltd. | 747 | 118,945 | ||||||
Hanssem Co. Ltd. | 940 | 33,463 | ||||||
Hanwha Life Insurance Co. Ltd.* | 28,391 | 54,141 | ||||||
Hanwha Solutions Corp.* | 7,086 | 275,628 | ||||||
Helixmith Co. Ltd.* | 1,045 | 10,419 | ||||||
HL Mando Co. Ltd. | 1,971 | 71,735 | ||||||
HLB, Inc.* | 4,850 | 119,701 | ||||||
HMM Co. Ltd. | 15,910 | 269,017 | ||||||
Hugel, Inc.* | 306 | 26,520 | ||||||
HYBE Co. Ltd.* | 860 | 93,248 | ||||||
Hyosung Advanced Materials Corp. | 152 | 45,352 | ||||||
Hyosung TNC Corp. | 182 | 49,266 | ||||||
Hyundai Autoever Corp. | 542 | 45,617 | ||||||
Hyundai Department Store Co. Ltd. | 968 | 44,259 | ||||||
Hyundai Doosan Infracore Co. Ltd.* | 11,988 | 75,354 | ||||||
Hyundai Elevator Co. Ltd. | 2,611 | 58,997 | ||||||
Hyundai Engineering & Construction Co. Ltd. | 6,315 | 196,319 | ||||||
Hyundai Glovis Co. Ltd. | 1,121 | 150,022 | ||||||
Hyundai Marine & Fire Insurance Co. Ltd. | 3,346 | 76,619 | ||||||
Hyundai Mipo Dockyard Co. Ltd.* | 1,214 | 79,623 | ||||||
Hyundai Mobis Co. Ltd. | 3,609 | 582,869 | ||||||
Hyundai Motor Co. | 7,422 | 951,069 | ||||||
Hyundai Steel Co. | 4,263 | 109,577 | ||||||
Iljin Materials Co. Ltd. | 736 | 34,544 | ||||||
Industrial Bank of Korea | 16,782 | 142,517 | ||||||
Kakao Corp. | 17,602 | 752,741 | ||||||
Kakao Games Corp.* | 2,226 | 73,421 | ||||||
KakaoBank Corp.* | 10,271 | 195,086 | ||||||
Kakaopay Corp.* | 1,811 | 72,640 | ||||||
KB Financial Group, Inc. | 34,143 | 1,359,144 | ||||||
KCC Corp. | 267 | 48,284 | ||||||
KEPCO Engineering & Construction Co., Inc. | 906 | 41,630 | ||||||
KEPCO Plant Service & Engineering Co. Ltd. | 1,770 | 46,302 | ||||||
Kia Corp. | 14,334 | 745,583 | ||||||
KIWOOM Securities Co. Ltd. | 1,489 | 103,869 | ||||||
KMW Co. Ltd.* | 2,610 | 54,027 | ||||||
Korea Gas Corp. | 2,008 | 53,137 | ||||||
Korea Investment Holdings Co. Ltd. | 2,240 | 98,001 | ||||||
Korea Zinc Co. Ltd. | 554 | 264,640 | ||||||
Korean Air Lines Co. Ltd.* | 11,271 | 217,498 | ||||||
Krafton, Inc.* | 1,666 | 286,751 | ||||||
KT Corp. | 6,627 | 187,929 | ||||||
KT&G Corp. | 10,049 | 761,190 | ||||||
Kumho Petrochemical Co. Ltd. | 1,118 | 126,732 | ||||||
L&F Co. Ltd.* | 1,969 | 328,602 | ||||||
LEENO Industrial, Inc. | 687 | 89,336 | ||||||
LG Chem Ltd. | 2,785 | 1,562,649 | ||||||
LG Corp. | 6,572 | 419,081 | ||||||
LG Display Co. Ltd. | 21,947 | 240,463 | ||||||
LG Electronics, Inc. | 6,194 | 458,380 | ||||||
LG Energy Solution Ltd.* | 1,928 | 858,123 | ||||||
LG H&H Co. Ltd. | 908 | 451,642 | ||||||
LG Innotek Co. Ltd. | 1,250 | �� | 294,290 | |||||
LG Uplus Corp. | 22,570 | 207,072 | ||||||
Lotte Chemical Corp. | 895 | 124,527 | ||||||
Lotte Shopping Co. Ltd. | 917 | 58,753 | ||||||
LS Corp. | 1,201 | 68,480 | ||||||
Meritz Financial Group, Inc. | 813 | 23,271 | ||||||
Meritz Fire & Marine Insurance Co. Ltd. | 3,187 | 111,159 | ||||||
Meritz Securities Co. Ltd. | 17,585 | 77,868 | ||||||
Mirae Asset Securities Co. Ltd. | 28,445 | 143,427 | ||||||
NAVER Corp. | 13,953 | 1,978,399 | ||||||
NCSoft Corp. | 813 | 290,038 | ||||||
Netmarble Corp., 144A | 1,489 | 55,265 | ||||||
NH Investment & Securities Co. Ltd. | 16,098 | 117,545 | ||||||
Orion Corp. | 1,121 | 99,873 | ||||||
Pan Ocean Co. Ltd. | 4,830 | 19,740 | ||||||
Pearl Abyss Corp.* | 2,239 | 73,850 | ||||||
S-1 Corp. | 961 | 46,780 | ||||||
Samsung Biologics Co. Ltd., 144A* | 1,126 | 757,298 | ||||||
Samsung C&T Corp. | 4,626 | 427,927 | ||||||
Samsung Electro-Mechanics Co. Ltd. | 5,225 | 558,612 | ||||||
Samsung Electronics Co. Ltd. | 311,765 | 14,703,555 | ||||||
Samsung Engineering Co. Ltd.* | 7,907 | 147,186 | ||||||
Samsung Fire & Marine Insurance Co. Ltd. | 3,247 | 505,940 | ||||||
Samsung Life Insurance Co. Ltd. | 7,072 | 393,589 | ||||||
Samsung SDI Co. Ltd. | 5,134 | 2,837,841 | ||||||
Samsung SDS Co. Ltd. | 3,237 | 312,937 | ||||||
Samsung Securities Co. Ltd. | 6,713 | 179,169 | ||||||
Seegene, Inc. | 2,986 | 68,828 | ||||||
Shin Poong Pharmaceutical Co. Ltd.* | 2,983 | 48,968 | ||||||
Shinhan Financial Group Co. Ltd. | 47,922 | 1,384,409 | ||||||
Shinsegae, Inc. | 375 | 59,853 | ||||||
SK Biopharmaceuticals Co. Ltd.* | 2,240 | 125,006 | ||||||
SK Bioscience Co. Ltd.* | 1,963 | 123,241 | ||||||
SK Chemicals Co. Ltd. | 1,119 | 75,344 | ||||||
SK Hynix, Inc. | 51,626 | 3,327,300 | ||||||
SK IE Technology Co. Ltd., 144A* | 1,555 | 77,700 | ||||||
SK Innovation Co. Ltd.* | 2,767 | 375,549 | ||||||
SK Square Co. Ltd.* | 9,185 | 260,817 |
SK Telecom Co. Ltd. | 5,747 | 217,879 | ||||||
SKC Co. Ltd. | 766 | 65,051 | ||||||
Solus Advanced Materials Co. Ltd. | 1,344 | 39,591 | ||||||
Soulbrain Co. Ltd. | 376 | 60,754 | ||||||
SSANGYONG C&E Co. Ltd. | 5,733 | 25,951 | ||||||
Studio Dragon Corp.* | 733 | 40,295 | ||||||
Wemade Co. Ltd. | 1,492 | 40,104 | ||||||
WONIK IPS Co. Ltd. | 2,298 | 49,311 | ||||||
Woori Financial Group, Inc. | 34,227 | 337,378 | ||||||
Yuhan Corp. | 1,937 | 85,772 | ||||||
|
| |||||||
(Cost $65,993,751) | 49,861,185 | |||||||
|
| |||||||
Taiwan - 18.6% | ||||||||
Accton Technology Corp. | 40,554 | 356,261 | ||||||
Acer, Inc. | 310,579 | 247,213 | ||||||
Advantech Co. Ltd. | 24,556 | 264,586 | ||||||
ASE Technology Holding Co. Ltd. | 353,078 | 1,110,455 | ||||||
Asia Cement Corp. | 134,498 | 179,734 | ||||||
ASMedia Technology, Inc. | 2,611 | 62,602 | ||||||
ASPEED Technology, Inc. | 2,000 | 134,927 | ||||||
Asustek Computer, Inc. | 69,533 | 598,462 | ||||||
AUO Corp. | 690,444 | 359,682 | ||||||
Catcher Technology Co. Ltd. | 43,107 | 255,248 | ||||||
Cathay Financial Holding Co. Ltd. | 810,139 | 1,141,595 | ||||||
Chailease Holding Co. Ltd. | 147,926 | 964,459 | ||||||
Chang Hwa Commercial Bank Ltd. | 575,246 | 325,729 | ||||||
Cheng Shin Rubber Industry Co. Ltd. | 87,184 | 98,593 | ||||||
Chicony Electronics Co. Ltd. | 49,244 | 132,728 | ||||||
China Airlines Ltd. | 200,772 | 117,583 | ||||||
China Development Financial Holding Corp. | 1,792,524 | 774,302 | ||||||
China Development Financial Holding Corp. | 207,773 | 50,825 | ||||||
China Steel Corp. | 727,259 | 685,949 | ||||||
Chroma ATE, Inc. | 30,496 | 195,870 | ||||||
Chunghwa Telecom Co. Ltd. | 409,883 | 1,505,289 | ||||||
Compal Electronics, Inc. | 422,992 | 296,315 | ||||||
CTBC Financial Holding Co. Ltd. | 1,974,037 | 1,469,086 | ||||||
Delta Electronics, Inc. | 202,634 | 1,980,083 | ||||||
E Ink Holdings, Inc. | 69,000 | 404,103 | ||||||
E.Sun Financial Holding Co. Ltd. | 1,372,303 | 1,101,199 | ||||||
Eclat Textile Co. Ltd. | 19,253 | 284,694 | ||||||
eMemory Technology, Inc. | 5,605 | 264,785 | ||||||
Eva Airways Corp. | 170,224 | 153,945 | ||||||
Evergreen Marine Corp. Taiwan Ltd. | 70,968 | 374,295 | ||||||
Far Eastern New Century Corp. | 192,409 | 202,336 | ||||||
Far EasTone Telecommunications Co. Ltd. | 175,364 | 385,846 | ||||||
Feng TAY Enterprise Co. Ltd. | 43,856 | 264,650 | ||||||
First Financial Holding Co. Ltd. | 1,120,322 | 949,748 | ||||||
Formosa Chemicals & Fibre Corp. | 214,640 | 528,518 | ||||||
Formosa Plastics Corp. | 302,624 | 883,231 | ||||||
Formosa Sumco Technology Corp. | 6,070 | 30,836 | ||||||
Foxconn Technology Co. Ltd. | 60,613 | 102,180 | ||||||
Fubon Financial Holding Co. Ltd. | 767,698 | 1,510,283 | ||||||
Giant Manufacturing Co. Ltd. | 17,709 | 131,791 | ||||||
Globalwafers Co. Ltd. | 12,663 | 192,574 | ||||||
Highwealth Construction Corp. | 87,717 | 127,153 | ||||||
Hiwin Technologies Corp. | 16,964 | 102,095 | ||||||
Hon Hai Precision Industry Co. Ltd. | 1,243,938 | 4,045,098 | ||||||
Hotai Motor Co. Ltd. | 18,609 | 391,382 | ||||||
Hua Nan Financial Holdings Co. Ltd. | 1,048,480 | 770,106 | ||||||
Innolux Corp. | 884,759 | 354,986 | ||||||
Inventec Corp. | 269,515 | 216,271 | ||||||
Largan Precision Co. Ltd. | 5,568 | 413,472 | ||||||
Lite-On Technology Corp. | 219,169 | 465,208 | ||||||
Macronix International Co. Ltd. | 151,937 | 170,346 | ||||||
MediaTek, Inc. | 95,881 | 2,274,054 | ||||||
Mega Financial Holding Co. Ltd. | 1,115,990 | 1,155,512 | ||||||
Merida Industry Co. Ltd. | 20,073 | 120,157 | ||||||
Micro-Star International Co. Ltd. | 71,482 | 284,489 | ||||||
momo.com, Inc. | 7,162 | 139,043 | ||||||
Nan Ya Plastics Corp. | 308,138 | 766,718 | ||||||
Nan Ya Printed Circuit Board Corp. | 13,944 | 121,594 | ||||||
Nanya Technology Corp. | 116,457 | 214,032 | ||||||
Nien Made Enterprise Co. Ltd. | 11,562 | 108,865 | ||||||
Novatek Microelectronics Corp. | 34,386 | 332,116 | ||||||
Oneness Biotech Co. Ltd.* | 22,720 | 210,251 | ||||||
Pegatron Corp. | 174,548 | 350,163 | ||||||
Phison Electronics Corp. | 8,051 | 85,055 | ||||||
Pou Chen Corp. | 167,283 | 174,560 | ||||||
Powerchip Semiconductor Manufacturing Corp. | 218,897 | 235,857 | ||||||
Powertech Technology, Inc. | 68,856 | 186,257 | ||||||
Quanta Computer, Inc. | 278,331 | 644,821 | ||||||
Realtek Semiconductor Corp. | 26,578 | 272,613 | ||||||
Ruentex Development Co. Ltd. | 77,613 | 115,897 | ||||||
Ruentex Industries Ltd. | 57,838 | 124,077 | ||||||
Shanghai Commercial & Savings Bank Ltd. | 347,521 | 571,227 | ||||||
Shin Kong Financial Holding Co. Ltd. | 1,501,777 | 432,960 | ||||||
Silicon Motion Technology Corp., ADR | 2,822 | 178,068 | ||||||
Sino-American Silicon Products, Inc. | 40,611 | 208,932 | ||||||
SinoPac Financial Holdings Co. Ltd. | 1,080,839 | 636,497 | ||||||
Standard Foods Corp. | 37,567 | 49,655 | ||||||
Synnex Technology International Corp. | 68,635 | 129,473 | ||||||
TA Chen Stainless Pipe | 134,000 | 174,516 | ||||||
Taishin Financial Holding Co. Ltd. | 1,194,497 | 585,547 | ||||||
Taiwan Business Bank | 343,682 | 145,677 | ||||||
Taiwan Cement Corp. | 241,828 | 265,259 | ||||||
Taiwan Cooperative Financial Holding Co. Ltd. | 624,093 | 538,159 | ||||||
Taiwan Fertilizer Co. Ltd. | 50,080 | 91,230 |
Taiwan High Speed Rail Corp. | 229,877 | 215,332 | ||||||
Taiwan Mobile Co. Ltd. | 192,984 | 596,333 | ||||||
Taiwan Semiconductor Manufacturing Co. Ltd. | 2,654,032 | 42,079,102 | ||||||
Tatung Co. Ltd.* | 123,942 | 130,537 | ||||||
Teco Electric and Machinery Co. Ltd. | 107,051 | 97,506 | ||||||
Tripod Technology Corp. | 49,616 | 155,725 | ||||||
Unimicron Technology Corp. | 104,796 | 527,278 | ||||||
Uni-President Enterprises Corp. | 291,953 | 624,423 | ||||||
United Microelectronics Corp.* | 1,237,385 | 1,833,726 | ||||||
Vanguard International Semiconductor Corp. | 91,426 | 243,463 | ||||||
Voltronic Power Technology Corp. | 5,343 | 299,086 | ||||||
Walsin Lihwa Corp. | 227,624 | 343,953 | ||||||
Walsin Technology Corp. | 27,937 | 78,915 | ||||||
Wan Hai Lines Ltd. | 57,509 | 141,607 | ||||||
Win Semiconductors Corp. | 32,837 | 165,750 | ||||||
Winbond Electronics Corp. | 285,514 | 195,852 | ||||||
Wistron Corp. | 276,505 | 247,379 | ||||||
Wiwynn Corp. | 7,697 | 219,164 | ||||||
WPG Holdings Ltd. | 87,190 | 136,827 | ||||||
Yageo Corp. | 21,754 | 325,900 | ||||||
Yang Ming Marine Transport Corp. | 149,850 | 320,496 | ||||||
Yuanta Financial Holding Co. Ltd. | 1,274,318 | 931,860 | ||||||
Zhen Ding Technology Holding Ltd. | 71,962 | 278,250 | ||||||
|
| |||||||
(Cost $113,906,162) | 90,240,502 | |||||||
|
| |||||||
Thailand - 1.9% | ||||||||
Advanced Info Service PCL, NVDR | 106,600 | 571,314 | ||||||
Airports of Thailand PCL, NVDR* | 263,600 | 560,612 | ||||||
Asset World Corp. PCL, NVDR | 820,500 | 146,580 | ||||||
Bangkok Bank PCL | 54,500 | 222,544 | ||||||
Bangkok Bank PCL, NVDR | 53,000 | 216,418 | ||||||
Bangkok Commercial Asset Management PCL, NVDR | 197,200 | 83,879 | ||||||
Bangkok Dusit Medical Services PCL, NVDR | 387,100 | 332,051 | ||||||
Bangkok Expressway & Metro PCL | 75,500 | 20,018 | ||||||
Bangkok Expressway & Metro PCL, NVDR | 732,600 | 194,238 | ||||||
Bangkok Life Assurance PCL, NVDR | 43,400 | 36,613 | ||||||
Berli Jucker PCL, NVDR | 83,900 | 81,485 | ||||||
BTS Group Holdings PCL, NVDR | 778,100 | 185,341 | ||||||
Bumrungrad Hospital PCL, NVDR | 36,800 | 236,881 | ||||||
Carabao Group PCL, NVDR | 36,700 | 99,386 | ||||||
Central Pattana PCL, NVDR | 107,100 | 220,183 | ||||||
Central Retail Corp. PCL | 96,100 | 117,178 | ||||||
Central Retail Corp. PCL, NVDR | 183,800 | 224,115 | ||||||
Charoen Pokphand Foods PCL, NVDR | 257,700 | 174,650 | ||||||
Com7 PCL, NVDR | 98,600 | 88,772 | ||||||
Dohome PCL, NVDR | 105,900 | 41,741 | ||||||
Energy Absolute PCL, NVDR | 173,700 | 476,548 | ||||||
Fabrinet* | 2,382 | 317,783 | ||||||
Hana Microelectronics PCL, NVDR | 52,300 | 76,748 | ||||||
Home Product Center PCL, NVDR | 322,000 | 134,224 | ||||||
Indorama Ventures PCL, NVDR | 110,300 | 132,929 | ||||||
Intouch Holdings PCL, Class F | 15,900 | 33,252 | ||||||
Intouch Holdings PCL, NVDR | 83,400 | 174,415 | ||||||
Jay Mart PCL, NVDR | 44,300 | 54,959 | ||||||
JMT Network Services PCL, NVDR | 64,700 | 122,924 | ||||||
Kasikornbank PCL, NVDR | 172,900 | 708,466 | ||||||
KCE Electronics PCL, NVDR | 65,600 | 89,755 | ||||||
Kerry Express Thailand PCL, NVDR* | 71,200 | 36,948 | ||||||
Krung Thai Bank PCL, NVDR | 293,100 | 146,280 | ||||||
Krungthai Card PCL | 37,100 | 61,807 | ||||||
Krungthai Card PCL, NVDR | 37,100 | 61,807 | ||||||
Land & Houses PCL, NVDR | 249,300 | 67,866 | ||||||
Minor International PCL, NVDR* | 197,083 | 171,850 | ||||||
Muangthai Capital PCL | 600 | 629 | ||||||
Muangthai Capital PCL, NVDR | 33,600 | 35,253 | ||||||
Osotspa PCL | 30,700 | 24,593 | ||||||
Osotspa PCL, NVDR | 110,300 | 88,359 | ||||||
PTT Exploration & Production PCL, NVDR | 56,900 | 303,338 | ||||||
PTT Global Chemical PCL, NVDR | 220,900 | 300,672 | ||||||
SCB X PCL, NVDR | 115,700 | 344,492 | ||||||
SCG Packaging PCL | 53,500 | 83,819 | ||||||
SCG Packaging PCL, NVDR | 73,400 | 114,996 | ||||||
Siam Cement PCL, NVDR | 26,200 | 249,630 | ||||||
Siam Global House PCL, NVDR | 109,113 | 61,882 | ||||||
Siam Makro PCL, NVDR | 126,200 | 138,671 | ||||||
Sri Trang Agro-Industry PCL, NVDR | 62,826 | 33,849 | ||||||
Sri Trang Gloves Thailand PCL | 73,900 | 20,956 | ||||||
Srisawad Corp. PCL, NVDR | 71,100 | 91,231 | ||||||
Thai Union Group PCL, NVDR | 211,000 | 102,314 | ||||||
Thonburi Healthcare Group PCL, NVDR | 28,300 | 50,958 | ||||||
Tisco Financial Group PCL, NVDR | 49,900 | 137,963 | ||||||
TMBThanachart Bank PCL, NVDR | 2,826,977 | 112,229 | ||||||
Total Access Communication PCL, NVDR | 37,900 | 44,332 | ||||||
True Corp. PCL, NVDR | 1,209,300 | 155,685 | ||||||
VGI PCL, NVDR | 513,700 | 60,307 | ||||||
|
| |||||||
(Cost $9,366,344) | 9,278,718 | |||||||
|
| |||||||
Turkey - 0.9% | ||||||||
Akbank TAS | 326,899 | 304,327 | ||||||
Aksa Akrilik Kimya Sanayii AS | 16,232 | 74,552 | ||||||
Anadolu Efes Biracilik Ve Malt Sanayii AS | 27,015 | 93,421 | ||||||
Arcelik AS | 17,633 | 87,246 | ||||||
Aselsan Elektronik Sanayi Ve Ticaret AS | 44,901 | 117,167 | ||||||
Bera Holding AS | 12,292 | 19,541 | ||||||
BIM Birlesik Magazalar AS | 53,858 | 389,585 | ||||||
Borusan Yatirim ve Pazarlama AS | 941 | 56,322 | ||||||
Coca-Cola Icecek AS | 8,202 | 81,650 |
Emlak Konut Gayrimenkul Yatirim Ortakligi AS REIT | 273,737 | 101,434 | ||||||
Eregli Demir ve Celik Fabrikalari TAS | 116,073 | 266,306 | ||||||
Ford Otomotiv Sanayi AS | 3,505 | 83,865 | ||||||
Hektas Ticaret TAS* | 127,003 | 243,162 | ||||||
Is Gayrimenkul Yatirim Ortakligi AS REIT* | 53,629 | 28,092 | ||||||
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS, Class D | 78,284 | 62,016 | ||||||
KOC Holding AS | 33,885 | 128,659 | ||||||
Koza Altin Isletmeleri AS | 4,985 | 98,660 | ||||||
Koza Anadolu Metal Madencilik Isletmeleri AS* | 34,459 | 84,619 | ||||||
Migros Ticaret AS* | 3,951 | 28,516 | ||||||
Pegasus Hava Tasimaciligi AS* | 1,473 | 31,054 | ||||||
Petkim Petrokimya Holding AS* | 68,019 | 65,444 | ||||||
Sasa Polyester Sanayi AS* | 42,023 | 293,127 | ||||||
Tekfen Holding AS | 30,622 | 72,331 | ||||||
Tofas Turk Otomobil Fabrikasi AS | 7,161 | 55,304 | ||||||
Turk Hava Yollari AO* | 52,983 | 341,938 | ||||||
Turk Telekomunikasyon AS | 59,507 | 55,622 | ||||||
Turkcell Iletisim Hizmetleri AS | 146,194 | 266,381 | ||||||
Turkiye Halk Bankasi AS* | 87,240 | 47,482 | ||||||
Turkiye Is Bankasi AS, Class C | 361,847 | 201,611 | ||||||
Turkiye Sise ve Cam Fabrikalari AS | 151,156 | 317,857 | ||||||
Turkiye Vakiflar Bankasi TAO, Class D* | 209,274 | 111,537 | ||||||
Ulker Biskuvi Sanayi AS* | 26,474 | 51,570 | ||||||
Yapi ve Kredi Bankasi AS | 394,795 | 255,852 | ||||||
|
| |||||||
(Cost $2,855,086) | 4,516,250 | |||||||
|
| |||||||
United Arab Emirates - 2.2% | ||||||||
Abu Dhabi Commercial Bank PJSC | 188,240 | 501,734 | ||||||
Aldar Properties PJSC | 233,601 | 302,098 | ||||||
Dubai Islamic Bank PJSC | 195,547 | 302,398 | ||||||
Emaar Properties PJSC | 257,843 | 426,813 | ||||||
Emirates NBD Bank PJSC | 162,914 | 587,697 | ||||||
Emirates Telecommunications Group Co. PJSC | 378,931 | 2,661,699 | ||||||
First Abu Dhabi Bank PJSC | 291,161 | 1,395,163 | ||||||
International Holding Co. PJSC* | 41,843 | 4,635,425 | ||||||
|
| |||||||
(Cost $7,827,234) | 10,813,027 | |||||||
|
| |||||||
TOTAL COMMON STOCKS (Cost $587,007,680) | 470,569,696 | |||||||
|
| |||||||
PREFERRED STOCKS - 2.1% | ||||||||
Brazil - 1.3% | ||||||||
Alpargatas SA | 19,396 | 61,779 | ||||||
Banco Bradesco SA | 575,585 | 1,705,259 | ||||||
Bradespar SA | 25,703 | 138,320 | ||||||
Braskem SA, Class A | 12,468 | 66,717 | ||||||
Centrais Eletricas Brasileiras SA, Class B | 28,530 | 266,268 | ||||||
Cia Energetica de Minas Gerais | 154,707 | 337,726 | ||||||
Gerdau SA | 74,121 | 444,968 | ||||||
Itau Unibanco Holding SA | 531,065 | 2,625,635 | ||||||
Itausa SA | 343,849 | 580,623 | ||||||
Usinas Siderurgicas de Minas Gerais SA Usiminas, Class A | 38,948 | 57,917 | ||||||
|
| |||||||
(Cost $6,821,647) | 6,285,212 | |||||||
|
| |||||||
Chile - 0.2% | ||||||||
Sociedad Quimica y Minera de Chile SA, Class B | ||||||||
(Cost $494,625) | 9,441 | 931,191 | ||||||
|
| |||||||
Colombia - 0.1% | ||||||||
Bancolombia SA | 48,465 | 321,841 | ||||||
Grupo Aval Acciones y Valores SA | 109,752 | 12,713 | ||||||
|
| |||||||
(Cost $426,029) | 334,554 | |||||||
|
| |||||||
Russia - 0.0% | ||||||||
Sberbank of Russia PJSC*(b) | ||||||||
(Cost $275,893) | 71,636 | 0 | ||||||
|
| |||||||
South Korea - 0.5% | ||||||||
Hyundai Motor Co. | 1,493 | 94,865 | ||||||
Hyundai Motor Co. -2nd Preferred | 2,627 | 163,733 | ||||||
LG Chem Ltd. | 411 | 104,398 | ||||||
LG Electronics, Inc. | 997 | 34,661 | ||||||
Samsung Electronics Co. Ltd. | 54,544 | 2,311,870 | ||||||
|
| |||||||
(Cost $3,766,554) | 2,709,527 | |||||||
|
| |||||||
TOTAL PREFERRED STOCKS (Cost $11,784,748) | 10,260,484 | |||||||
|
| |||||||
Principal Amount | Value | |||||||
CORPORATE BONDS - 0.0% | ||||||||
India - 0.0% | ||||||||
Britannia Industries Ltd. Series N3, 5.50%, 6/3/24 | ||||||||
(Cost $0) | INR | 2,494 | 30 | |||||
|
| |||||||
Number of Shares | Value | |||||||
RIGHTS - 0.0% | ||||||||
South Korea - 0.0% | ||||||||
Genexine, Inc.*, expires 1/10/23 | 465 | 1,868 | ||||||
HLB, Inc.*, expires 12/7/22 | 434 | 609 | ||||||
|
| |||||||
(Cost $0) | 2,477 | |||||||
|
| |||||||
Taiwan - 0.0% | ||||||||
Shanghai Commercial & Savings Bank Ltd.*, expires 12/22/22 | ||||||||
(Cost $0) | 25,475 | 11,375 | ||||||
|
| |||||||
TOTAL RIGHTS (Cost $0) | 13,852 | |||||||
|
| |||||||
WARRANTS - 0.0% | ||||||||
Switzerland - 0.0% | ||||||||
Cie Financiere Richemont SA*, expires 11/22/23 | ||||||||
(Cost $0) | 746 | 658 | ||||||
|
|
Thailand - 0.0% | ||||||||
BTS Group Holdings PCL*, expires 11/7/24 | 400 | 3 | ||||||
BTS Group Holdings PCL*, expires 11/20/26 | 800 | 7 | ||||||
|
| |||||||
(Cost $0) | 10 | |||||||
|
| |||||||
TOTAL WARRANTS (Cost $0) | 668 | |||||||
|
| |||||||
SECURITIES LENDING COLLATERAL - 0.5% |
| |||||||
DWS Government & Agency Securities Portfolio “DWS Government Cash Institutional Shares”, 3.69%(d)(e) | ||||||||
(Cost $2,103,886) | 2,103,886 | 2,103,886 | ||||||
|
| |||||||
CASH EQUIVALENTS - 0.7% | ||||||||
DWS Government Money Market Series “Institutional Shares”, 3.74%(d) | ||||||||
(Cost $3,633,904) | 3,633,904 | 3,633,904 | ||||||
|
| |||||||
TOTAL INVESTMENTS - 100.1% (Cost $604,530,218) | $ | 486,582,520 | ||||||
Other assets and liabilities, net - (0.1%) | (498,268 | ) | ||||||
|
| |||||||
NET ASSETS - 100.0% | $ | 486,084,252 | ||||||
|
|
For information on the Fund’s policies regarding the valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual or annual financial statements.
A summary of the Fund’s transactions with affiliated investments during the period ended November 30, 2022 is as follows:
Value ($) at 8/31/2022 | Purchases Cost ($) | Sales Proceeds ($) | Net Realized ($) | Net Change in | Income | Capital Gain | Number of | Value ($) at | ||||||||||
SECURITIES LENDING COLLATERAL — 0.5% | ||||||||||||||||||
DWS Government & Agency Securities Portfolio “DWS Government Cash Institutional Shares”, 3.69%(d)(e) | ||||||||||||||||||
1,366,731 | 737,155 | (f) | — | — | — | 10,076 | — | 2,103,886 | 2,103,886 | |||||||||
CASH EQUIVALENTS — 0.7% | ||||||||||||||||||
DWS Government Money Market Series “Institutional Shares”, 3.74%(d) | ||||||||||||||||||
1,859,521 | 3,397,097 | (1,622,714) | — | — | 20,604 | — | 3,633,904 | 3,633,904 | ||||||||||
|
|
|
|
|
|
|
|
|
| |||||||||
3,226,252 | 4,134,252 | (1,622,714) | — | — | 30,680 | — | 5,737,790 | 5,737,790 | ||||||||||
|
|
|
|
|
|
|
|
|
|
* | Non-income producing security. |
(a) | All or a portion of these securities were on loan. In addition, “Other assets and liabilities, net” may include pending sales that are also on loan. The value of securities loaned at November 30, 2022 amounted to $7,682,534, which is 1.6% of net assets. |
(b) | Investment was valued using significant unobservable inputs. |
(c) | Listed on the New York Stock Exchange. |
(d) | Affiliated fund managed by DWS Investment Management Americas, Inc. The rate shown is the annualized seven-day yield at period end. |
(e) | Represents cash collateral held in connection with securities lending. Income earned by the Fund is net of borrower rebates. In addition, the Fund held non-cash U.S. Treasury securities collateral having a value of $5,148,854. |
(f) | Represents the net increase (purchase cost) or decrease (sales proceeds) in the amount invested in cash collateral for the period ended November 30, 2022. |
ADR: | American Depositary Receipt |
CPO: | Ordinary Participation Certificates |
GDR: | Global Depositary Receipt |
JSC: | Joint Stock Company |
KSC: | Kuwait Shareholding Company |
KSCP: | Kuwait Shareholding Company Public |
NVDR: | Non Voting Depositary Receipt |
PJSC: | Public Joint Stock Company |
PSQC: | Public Shareholders Qatari Company |
QPSC: | Qatari Public Shareholders Company |
QSC: | Qatari Shareholders Company |
REIT: | Real Estate Investment Trust |
SAE: | Societe Anonyme Egyptienne |
SAQ: | Societe Anonyme Qatar |
144A: | Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. |
Securities are listed in country of domicile.
Market disruption risk: Geopolitical and other events, including war, terrorism, economic uncertainty, trade disputes, public health crises and related geopolitical events have led, and in the future may lead, to disruptions in the U.S. and world economies and markets, which may increase financial market volatility and have significant adverse direct or indirect effects on the Fund and its investments. Market disruptions could cause the Fund to lose money, experience significant redemptions, and encounter operational difficulties. Although multiple asset classes may be affected by a market disruption, the duration and effects may not be the same for all types of assets.
Russia’s recent military incursions in Ukraine have led to, and may lead to additional sanctions being levied by the United States, European Union and other countries against Russia. Russia’s military incursion and the resulting sanctions could adversely affect global energy and financial markets and thus could affect the value of the Fund’s investments, even beyond any direct exposure the Fund may have to Russian issuers or the adjoining geographic regions. The extent and duration of the military action, sanctions and resulting market disruptions are impossible to predict, but could be substantial. Any such disruptions caused by Russian military action or resulting sanctions may magnify the impact of other risks described in the “Main Risks” section of the Fund’s current prospectus.
At November 30, 2022 the Xtrackers Emerging Markets Carbon Reduction and Climate Improvers ETF had the following sector diversification:
Sector Diversification | Market Value | As a % of Total Investments excluding Securities Lending Collateral and Cash Equivalents | ||||||
Financials | $ | 128,836,342 | 26.8 | % | ||||
Information Technology | 117,224,073 | 24.4 | ||||||
Consumer Discretionary | 60,273,040 | 12.6 | ||||||
Communication Services | 56,294,661 | 11.7 | ||||||
Materials | 31,463,115 | 6.5 | ||||||
Industrials | 27,833,975 | 5.8 | ||||||
Consumer Staples | 23,608,924 | 4.9 | ||||||
Health Care | 18,486,885 | 3.8 | ||||||
Utilities | 8,223,253 | 1.7 | ||||||
Real Estate | 7,845,136 | 1.6 | ||||||
Energy | 755,326 | 0.2 | ||||||
|
|
|
| |||||
Total | $ | 480,844,730 | 100.0 | % | ||||
|
|
|
|
At November 30, 2022, open futures contracts purchased were as follows:
Contract Description | Currency | Number of Contracts | Notional Amount | Contract Value | Expiration Date | Unrealized Appreciation† | ||||||||||||||||
MSCI Emerging Markets Index Future | USD | 107 | $ | 5,072,646 | $ | 5,256,375 | 12/16/2022 | $ | 183,729 |
† | The amount represents the unrealized appreciation (depreciation) of the Fund’s derivative instruments subject to equity contracts risk exposure as of November 30, 2022. |
Currency Abbreviations
INR | Indian Rupee |
USD | U.S. Dollar |
Fair Value Measurements
Various inputs are used in determining the value of the Fund’s investments. These inputs are summarized in three broad levels. Level 1 includes quoted prices in active markets for identical securities. Level 2 includes other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds and credit risk). Level 3 includes significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments). The level assigned to the securities valuations may not be an indication of the risk or liquidity associated with investing in those securities.
The following is a summary of the inputs used as of November 30, 2022 in valuing the Fund’s investments.
Assets | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Common Stocks(a) | $ | 470,296,628 | $ | — | $ | 273,068 | $ | 470,569,696 | ||||||||
Preferred Stocks(a) | 10,260,484 | — | 0 | 10,260,484 | ||||||||||||
Corporate Bonds | — | 30 | — | 30 | ||||||||||||
Rights(a) | — | 13,852 | — | 13,852 | ||||||||||||
Warrants(a) | 668 | — | — | 668 | ||||||||||||
Short-Term Investments(a) | 5,737,790 | — | — | 5,737,790 | ||||||||||||
Derivatives(b) | ||||||||||||||||
Futures Contracts | 183,729 | — | — | 183,729 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
TOTAL | $ | 486,479,299 | $ | 13,882 | $ | 273,068 | $ | 486,766,249 | ||||||||
|
|
|
|
|
|
|
|
(a) | See Schedule of Investments for additional detailed categorizations. |
(b) | Derivatives include unrealized appreciation (depreciation) on open futures contracts. |
During the period ended November 30, 2022, the amount of transfers from Level 1 to Level 3 was $217,345 and between Level 3 and Level 1 was $91,094. The investments were transferred from Level 1 to Level 3 due to the lack of observable market data due to a decrease in market activity. The investments were transferred from Level 3 to Level 1 due to the availability of a pricing source supported by observable inputs. Transfers between price levels are recognized at the beginning of the reporting period.
OBTAIN A FUND PROSPECTUS
To obtain a summary prospectus, or prospectus, download one from www.Xtrackers.com, talk to your financial representative or call (855) 329-3837. Investing involves risk, including the possible loss of principal. We advise you to carefully consider the product’s objectives, risks, charges and expenses before investing. The summary prospectus and prospectus contain this and other important information about the investment product. Please read the prospectus carefully before you invest. Xtrackers ETFs (“ETFs”) are managed by DBX Advisors LLC (the “Adviser”), and distributed by ALPS Distributors, Inc. (“ALPS”). The Adviser is a subsidiary of DWS Group GmbH & Co. KGaA, and is not affiliated with ALPS. Shares are not individually redeemable, and owners of Shares may acquire those Shares from the Fund, or tender such Shares for redemption to the Fund, in Creation Units only.
The brand DWS represents DWS Group GmbH & Co. KGaA and any of its subsidiaries such as DWS Distributors, Inc. which offers investment products or DWS Investment Management Americas Inc. and RREEF America L.L.C. which offer advisory services.
NO BANK GUARANTEE | NOT FDIC INSURED | MAY LOSE VALUE
EMCR-PH1
R-089711-1 (5/24) DBX005195 (5/24)