Shares or Principal Amount | | Market Value† |
COMMON STOCKS - 96.8% |
| Brazil - 3.7% |
9,953 | Equatorial Energia S.A. | $ 43,471 |
40,755 | JBS S.A. | 246,192 |
1,574 | Raia Drogasil S.A. | 5,779 |
35,538 | Telefonica Brasil S.A. | 319,808 |
64,558 | TIM S.A. | 157,523 |
20,475 | Transmissora Alianca de Energia Eletrica S.A. | 151,210 |
21,914 | Vale S.A. ADR | 320,602 |
32,709 | Vibra Energia S.A. | 104,517 |
| | | 1,349,102 |
| Chile - 1.1% |
933,472 | Banco de Chile | 83,197 |
29,143 | Cencosud S.A. | 36,333 |
7,549 | Cia Cervecerias Unidas S.A. | 46,735 |
23,489 | Empresas COPEC S.A. | 169,737 |
14,458 | Falabella S.A. | 33,179 |
158 | Sociedad Quimica y Minera de Chile S.A. ADR | 13,198 |
| | | 382,379 |
| China - 23.2% |
949,000 | Agricultural Bank of China Ltd. Class H | 357,979 |
23,600 | Alibaba Group Holding Ltd.* | 336,543 |
44,500 | Anhui Conch Cement Co., Ltd. Class H | 192,814 |
3,400 | ANTA Sports Products Ltd. | 41,769 |
962,000 | Bank of China Ltd. Class H | 383,724 |
439,000 | Bank of Communications Co., Ltd. Class H | 303,223 |
354,000 | China CITIC Bank Corp. Ltd. Class H | 158,347 |
33,000 | China Conch Environment Protection Holdings Ltd.* | 22,962 |
33,000 | China Conch Venture Holdings Ltd. | 71,913 |
566,000 | China Construction Bank Corp. Class H | 380,125 |
313,000 | China Everbright Bank Co., Ltd. Class H | 101,316 |
12,000 | China Life Insurance Co., Ltd. Class H | 20,890 |
42,000 | China Longyuan Power Group Corp. Ltd. Class H | 81,142 |
12,000 | China Mengniu Dairy Co., Ltd. | 59,870 |
34,000 | China Merchants Bank Co., Ltd. Class H | 227,477 |
338,500 | China Minsheng Banking Corp. Ltd. Class H | 120,786 |
54,000 | China National Building Material Co., Ltd. Class H | 57,668 |
6,400 | China Pacific Insurance Group Co., Ltd. Class H | 15,643 |
578,000 | China Petroleum & Chemical Corp. Class H | 260,017 |
388,000 | China Railway Group Ltd. Class H | 239,813 |
133,000 | China Shenhua Energy Co., Ltd. Class H | 381,358 |
1,664,000 | China Tower Corp. Ltd. Class H(1) | 214,177 |
51,100 | China Vanke Co., Ltd. Class H | 128,418 |
183,000 | CITIC Ltd. | 185,403 |
62,000 | COSCO Shipping Holdings Co., Ltd. Class H | 86,597 |
152,071 | Country Garden Holdings Co., Ltd. | 94,185 |
122,000 | CSPC Pharmaceutical Group Ltd. | 121,114 |
9,300 | ENN Energy Holdings Ltd. | 152,769 |
3,000 | GF Securities Co., Ltd. Class H | 3,968 |
31,800 | Guotai Junan Securities Co., Ltd. Class H(1) | 39,593 |
76,800 | Haier Smart Home Co., Ltd. Class H | 284,319 |
10,000 | Huaneng Power International, Inc. Class H Class H | 4,983 |
14,200 | Huatai Securities Co., Ltd. Class H(1) | 21,064 |
700,000 | Industrial & Commercial Bank of China Ltd. Class H | 415,703 |
4,714 | JD.com, Inc. ADR | 302,733 |
328,000 | Lenovo Group Ltd. | 306,392 |
11,500 | Li Ning Co., Ltd. | 106,545 |
10,500 | Longfor Group Holdings Ltd.(1) | 49,577 |
4,200 | Meituan Class B*(1) | 103,944 |
424 | NetEase, Inc. ADR | 39,585 |
616,000 | PetroChina Co., Ltd. Class H | 293,597 |
184,000 | PICC Property & Casualty Co., Ltd. Class H | 191,341 |
40,000 | Ping An Insurance Group Co. of China Ltd. Class H | 271,953 |
307,000 | Postal Savings Bank of China Co., Ltd. Class H(1) | 243,739 |
6,600 | Shenzhou International Group Holdings Ltd. | 79,946 |