UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-CSR
CERTIFIED SHAREHOLDER REPORT OF REGISTERED MANAGEMENT
INVESTMENT COMPANIES
Investment Company Act file number 811-23161
Nushares ETF Trust
(Exact name of registrant as specified in charter)
Nuveen Investments
333 West Wacker Drive, Chicago, IL 60606
(Address of principal executive offices) (Zip code)
Diana R. Gonzalez
Vice President and Secretary
333 West Wacker Drive, Chicago, IL 60606
(Name and address of agent for service)
Registrant’s telephone number, including area code: (312) 917-7700
Date of fiscal year end: October 31
Date of reporting period: April 30, 2021
Form N-CSR is to be used by management investment companies to file reports with the Commission not later than 10 days after the transmission to stockholders of any report that is required to be transmitted to stockholders under Rule 30e-1 under the Investment Company Act of 1940 (17 CFR 270.30e-1). The Commission may use the information provided on Form N-CSR in its regulatory, disclosure review, inspection, and policy making roles.
A registrant is required to disclose the information specified by Form N-CSR, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-CSR unless the Form displays a currently valid Office of Management and Budget (“OMB”) control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. ss.3507.
Item 1. Reports to Stockholders.
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Fund Name | Listing Exchange | Ticker Symbol | |||
Nuveen ESG Emerging Markets Equity ETF | Cboe BZX Exchange, Inc. | NUEM | |||
Nuveen ESG International Developed Markets Equity ETF | Cboe BZX Exchange, Inc. | NUDM | |||
Nuveen ESG Large-Cap ETF | Cboe BZX Exchange, Inc. | NULC | |||
Nuveen ESG Large-Cap Growth ETF | Cboe BZX Exchange, Inc. | NULG | |||
Nuveen ESG Large-Cap Value ETF | Cboe BZX Exchange, Inc. | NULV | |||
Nuveen ESG Mid-Cap Growth ETF | Cboe BZX Exchange, Inc. | NUMG | |||
Nuveen ESG Mid-Cap Value ETF | Cboe BZX Exchange, Inc. | NUMV | |||
Nuveen ESG Small-Cap ETF | Cboe BZX Exchange, Inc. | NUSC |
![](https://capedge.com/proxy/N-CSRS/0001193125-21-209452/g184645img973847711.gif)
![](https://capedge.com/proxy/N-CSRS/0001193125-21-209452/g184645img5b7a78922.jpg)
![](https://capedge.com/proxy/N-CSRS/0001193125-21-209452/g184645img6ba6cfa83.jpg)
Total Returns as of April 30, 2021 | ||||||
Cumulative | Average Annual | |||||
Inception Date | 6-Month | 1-Year | Since Inception | Expense Ratios | ||
NUEM at NAV | 6/06/17 | 23.27% | 56.56% | 11.16% | 0.45% | |
NUEM at Market Price | 6/06/17 | 22.71% | 59.28% | 11.20% | — | |
TIAA ESG Emerging Markets Equity Index | — | 23.86% | 58.30% | 12.01% | — | |
MSCI Emerging Markets Index | — | 22.95% | 48.71% | 10.05% | — |
Total Returns as of April 30, 2021 | ||||||
Cumulative | Average Annual | |||||
Inception Date | 6-Month | 1-Year | Since Inception | Expense Ratios | ||
NUDM at NAV | 6/06/17 | 28.74% | 40.13% | 7.81% | 0.40% | |
NUDM at Market Price | 6/06/17 | 28.09% | 41.78% | 7.85% | — | |
TIAA ESG International Developed Markets Equity Index | — | 29.07% | 40.79% | 8.13% | — | |
MSCI EAFE Index | — | 28.84% | 39.88% | 7.27% | — |
Total Returns as of April 30, 2021 | ||||||
Cumulative | Average Annual | |||||
Inception Date | 6-Month | 1-Year | Since Inception | Expense Ratios | ||
NULC at NAV | 6/03/19 | 30.38% | 50.63% | 29.39% | 0.20% | |
NULC at Market Price | 6/03/19 | 30.93% | 50.61% | 29.45% | — | |
TIAA ESG USA Large-Cap Index | — | 30.59% | 51.05% | 29.67% | — | |
MSCI USA Index | — | 29.21% | 48.47% | 28.18% | — |
Total Returns as of April 30, 2021 | ||||||
Cumulative | Average Annual | |||||
Inception Date | 6-Month | 1-Year | Since Inception | Expense Ratios | ||
NULG at NAV | 12/13/16 | 27.14% | 55.82% | 24.84% | 0.35% | |
NULG at Market Price | 12/13/16 | 27.31% | 55.69% | 24.84% | — | |
TIAA ESG USA Large-Cap Growth Index | — | 27.41% | 56.47% | 25.30% | — | |
MSCI USA Growth Index | — | 25.18% | 55.11% | 24.81% | — |
Total Returns as of April 30, 2021 | ||||||
Cumulative | Average Annual | |||||
Inception Date | 6-Month | 1-Year | Since Inception | Expense Ratios | ||
NULV at NAV | 12/13/16 | 32.23% | 41.07% | 11.46% | 0.35% | |
NULV at Market Price | 12/13/16 | 32.19% | 40.95% | 11.47% | — | |
TIAA ESG USA Large-Cap Value Index | — | 32.56% | 41.71% | 11.85% | — | |
MSCI USA Value Index | — | 33.57% | 40.65% | 10.32% | — |
Total Returns as of April 30, 2021 | ||||||
Cumulative | Average Annual | |||||
Inception Date | 6-Month | 1-Year | Since Inception | Expense Ratios | ||
NUMG at NAV | 12/13/16 | 27.42% | 61.94% | 21.10% | 0.40% | |
NUMG at Market Price | 12/13/16 | 27.72% | 61.48% | 21.10% | — | |
TIAA ESG USA Mid-Cap Growth Index | — | 27.72% | 62.73% | 21.61% | — | |
MSCI USA Mid-Cap Growth Index | — | 27.90% | 61.06% | 19.99% | — |
Total Returns as of April 30, 2021 | ||||||
Cumulative | Average Annual | |||||
Inception Date | 6-Month | 1-Year | Since Inception | Expense Ratios | ||
NUMV at NAV | 12/13/16 | 43.51% | 62.42% | 10.99% | 0.40% | |
NUMV at Market Price | 12/13/16 | 43.29% | 62.33% | 10.98% | — | |
TIAA ESG USA Mid-Cap Value Index | — | 43.93% | 63.32% | 11.45% | — | |
MSCI USA Mid-Cap Value Index | — | 42.58% | 60.84% | 10.60% | — |
Total Returns as of April 30, 2021 | ||||||
Cumulative | Average Annual | |||||
Inception Date | 6-Month | 1-Year | Since Inception | Expense Ratios | ||
NUSC at NAV | 12/13/16 | 46.10% | 80.22% | 15.77% | 0.40% | |
NUSC at Market Price | 12/13/16 | 45.87% | 80.31% | 15.78% | — | |
TIAA ESG USA Small-Cap Index | — | 46.48% | 81.07% | 16.25% | — | |
MSCI USA Small-Cap Index | — | 47.23% | 76.24% | 15.04% | — |
Fund Allocation (% of net assets) | |
Common Stocks | 99.7% |
Common Stock Rights | 0.0% |
U.S. Government and Agency Obligations | 0.3% |
Other Assets Less Liabilities | (0.0)% |
Net Assets | 100% |
Top Five Common Stock Holdings (% of net assets) | |
Taiwan Semiconductor Manufacturing Co Ltd | 7.7% |
Tencent Holdings Ltd | 6.8% |
Alibaba Group Holding Ltd, Sponsored ADR | 6.4% |
Meituan., Class B | 2.6% |
MediaTek Inc | 2.5% |
Portfolio Composition (% of net assets) | |
Information Technology | 21.2% |
Consumer Discretionary | 17.4% |
Financials | 16.5% |
Communication Services | 12.6% |
Materials | 7.9% |
Consumer Staples | 6.0% |
Industrials | 5.7% |
Health Care | 4.5% |
Utilities | 3.3% |
Energy | 2.5% |
Real Estate | 2.1% |
U.S. Government and Agency Obligations | 0.3% |
Other Assets Less Liabilities | (0.0)% |
Net Assets | 100% |
Country Allocation1 (% of net assets) | |
China | 37.3% |
Taiwan | 15.2% |
South Korea | 12.9% |
India | 10.1% |
Brazil | 4.4% |
South Africa | 4.0% |
Saudi Arabia | 3.0% |
Thailand | 1.8% |
Mexico | 1.7% |
Malaysia | 1.6% |
Other | 8.0% |
Other Assets Less Liabilities | (0.0)% |
Net Assets | 100% |
1 | Includes 99.1% (as a percentage of net assets) in emerging market countries. |
Fund Allocation (% of net assets) | |
Common Stocks | 99.4% |
Warrants | 0.0% |
U.S. Government and Agency Obligations | 0.2% |
Other Assets Less Liabilities | 0.4% |
Net Assets | 100% |
Top Five Common Stock Holdings (% of net assets) | |
Nestle SA | 3.4% |
Siemens AG | 2.1% |
ASML Holding NV | 1.9% |
GlaxoSmithKline PLC | 1.8% |
L'Oreal SA | 1.8% |
Portfolio Composition (% of net assets) | |
Financials | 18.8% |
Industrials | 18.2% |
Consumer Staples | 12.7% |
Consumer Discretionary | 11.4% |
Health Care | 11.1% |
Materials | 8.3% |
Information Technology | 7.6% |
Communication Services | 4.1% |
Real Estate | 3.3% |
Utilities | 2.2% |
Energy | 1.7% |
U.S. Government and Agency Obligations | 0.2% |
Other Assets Less Liabilities | 0.4% |
Net Assets | 100% |
Country Allocation (% of net assets) | |
Japan | 23.3% |
United Kingdom | 14.0% |
France | 9.9% |
Switzerland | 9.6% |
Germany | 9.0% |
Australia | 7.1% |
Netherlands | 3.3% |
Italy | 2.9% |
Sweden | 2.8% |
Hong Kong | 2.4% |
Other | 15.3% |
Other Assets Less Liabilities | 0.4% |
Net Assets | 100% |
Fund Allocation (% of net assets) | |
Common Stocks | 99.7% |
Investments Purchased with Collateral from Securities Lending | 0.1% |
Other Assets Less Liabilities | 0.2% |
Net Assets | 100% |
Portfolio Composition (% of net assets) | |
Information Technology | 28.8% |
Financials | 13.3% |
Health Care | 11.2% |
Consumer Discretionary | 10.5% |
Communication Services | 10.3% |
Industrials | 8.1% |
Consumer Staples | 6.8% |
Real Estate | 3.9% |
Materials | 2.7% |
Energy | 2.1% |
Utilities | 2.0% |
Investments Purchased with Collateral from Securities Lending | 0.1% |
Other Assets Less Liabilities | 0.2% |
Net Assets | 100% |
Top Five Common Stock Holdings (% of net assets) | |
Microsoft Corp | 4.9% |
Alphabet Inc., Class A | 3.2% |
NVIDIA Corp | 2.1% |
Walt Disney Co | 2.1% |
Tesla Inc | 2.0% |
Fund Allocation (% of net assets) | |
Common Stocks | 99.8% |
Investments Purchased with Collateral from Securities Lending | 0.5% |
U.S. Government and Agency Obligations | 0.2% |
Other Assets Less Liabilities | (0.5)% |
Net Assets | 100% |
Portfolio Composition (% of net assets) | |
Information Technology | 40.1% |
Consumer Discretionary | 15.4% |
Communication Services | 13.1% |
Health Care | 10.9% |
Industrials | 8.3% |
Financials | 4.7% |
Consumer Staples | 4.3% |
Materials | 1.5% |
Real Estate | 1.5% |
Investments Purchased with Collateral from Securities Lending | 0.5% |
U.S. Government and Agency Obligations | 0.2% |
Other Assets Less Liabilities | (0.5)% |
Net Assets | 100% |
Top Five Common Stock Holdings (% of net assets) | |
Microsoft Corp | 8.9% |
Alphabet Inc., Class A | 5.3% |
Alphabet Inc, Class C | 4.5% |
Tesla Inc | 3.9% |
NVIDIA Corp | 3.2% |
Fund Allocation (% of net assets) | |
Common Stocks | 99.7% |
U.S. Government and Agency Obligations | 0.1% |
Other Assets Less Liabilities | 0.2% |
Net Assets | 100% |
Portfolio Composition (% of net assets) | |
Financials | 20.3% |
Health Care | 15.2% |
Information Technology | 14.2% |
Industrials | 12.8% |
Consumer Staples | 10.4% |
Communication Services | 6.2% |
Consumer Discretionary | 4.8% |
Real Estate | 4.4% |
Utilities | 4.3% |
Materials | 3.8% |
Energy | 3.3% |
U.S. Government and Agency Obligations | 0.1% |
Other Assets Less Liabilities | 0.2% |
Net Assets | 100% |
Top Five Common Stock Holdings (% of net assets) | |
Procter & Gamble Co | 2.7% |
Home Depot Inc | 2.4% |
Coca-Cola Co | 2.4% |
Intel Corp | 2.3% |
Verizon Communications Inc | 2.3% |
Fund Allocation (% of net assets) | |
Common Stocks | 99.9% |
U.S. Government and Agency Obligations | 0.1% |
Other Assets Less Liabilities | 0.0% |
Net Assets | 100% |
Portfolio Composition (% of net assets) | |
Information Technology | 39.6% |
Health Care | 18.7% |
Industrials | 14.1% |
Consumer Discretionary | 12.0% |
Communication Services | 7.3% |
Materials | 3.3% |
Financials | 3.2% |
Consumer Staples | 1.7% |
U.S. Government and Agency Obligations | 0.1% |
Other Assets Less Liabilities | 0.0% |
Net Assets | 100% |
Top Five Common Stock Holdings (% of net assets) | |
Align Technology Inc | 3.2% |
Fortinet Inc | 2.8% |
Cadence Design Systems Inc | 2.8% |
Okta Inc | 2.6% |
Mettler-Toledo International Inc | 2.6% |
Fund Allocation (% of net assets) | |
Common Stocks | 99.8% |
U.S. Government and Agency Obligations | 0.1% |
Other Assets Less Liabilities | 0.1% |
Net Assets | 100% |
Portfolio Composition (% of net assets) | |
Financials | 21.1% |
Industrials | 14.8% |
Real Estate | 12.9% |
Consumer Discretionary | 11.2% |
Information Technology | 9.9% |
Materials | 7.9% |
Health Care | 5.9% |
Utilities | 5.0% |
Communication Services | 4.9% |
Energy | 3.4% |
Consumer Staples | 2.8% |
U.S. Government and Agency Obligations | 0.1% |
Other Assets Less Liabilities | 0.1% |
Net Assets | 100% |
Top Five Common Stock Holdings (% of net assets) | |
Arthur J Gallagher & Co | 2.1% |
Carrier Global Corp | 2.1% |
ONEOK Inc | 2.0% |
Kansas City Southern | 1.9% |
CMS Energy Corp | 1.9% |
Fund Allocation (% of net assets) | |
Common Stocks | 99.9% |
Investments Purchased with Collateral from Securities Lending | 0.4% |
U.S. Government and Agency Obligations | 0.1% |
Other Assets Less Liabilities | (0.4)% |
Net Assets | 100% |
Portfolio Composition (% of net assets) | |
Consumer Discretionary | 16.9% |
Industrials | 16.4% |
Information Technology | 15.5% |
Financials | 14.5% |
Health Care | 13.4% |
Real Estate | 9.5% |
Materials | 5.1% |
Consumer Staples | 3.0% |
Energy | 2.1% |
Communication Services | 1.9% |
Utilities | 1.6% |
Investments Purchased with Collateral from Securities Lending | 0.4% |
U.S. Government and Agency Obligations | 0.1% |
Other Assets Less Liabilities | (0.4)% |
Net Assets | 100% |
Top Five Common Stock Holdings (% of net assets) | |
Reliance Steel & Aluminum Co | 0.9% |
WEX Inc | 0.8% |
First Horizon Corp | 0.8% |
DXC Technology Co | 0.8% |
GameStop Corp., Class A | 0.7% |
Actual Performance | |
Beginning Account Value | $1,000.00 |
Ending Account Value | $1,232.70 |
Expenses Incurred During Period | $ 2.49 |
Hypothetical Performance (5% annualized return before expenses) | |
Beginning Account Value | $1,000.00 |
Ending Account Value | $1,022.56 |
Expenses Incurred During the Period | $ 2.26 |
Actual Performance | |
Beginning Account Value | $1,000.00 |
Ending Account Value | $1,287.40 |
Expenses Incurred During Period | $ 2.27 |
Hypothetical Performance (5% annualized return before expenses) | |
Beginning Account Value | $1,000.00 |
Ending Account Value | $1,022.81 |
Expenses Incurred During the Period | $ 2.01 |
Actual Performance | |
Beginning Account Value | $1,000.00 |
Ending Account Value | $1,303.80 |
Expenses Incurred During Period | $ 1.14 |
Hypothetical Performance (5% annualized return before expenses) | |
Beginning Account Value | $1,000.00 |
Ending Account Value | $1,023.80 |
Expenses Incurred During the Period | $ 1.00 |
Actual Performance | |
Beginning Account Value | $1,000.00 |
Ending Account Value | $1,271.40 |
Expenses Incurred During Period | $ 1.97 |
Hypothetical Performance (5% annualized return before expenses) | |
Beginning Account Value | $1,000.00 |
Ending Account Value | $1,023.06 |
Expenses Incurred During the Period | $ 1.76 |
Actual Performance | |
Beginning Account Value | $1,000.00 |
Ending Account Value | $1,322.30 |
Expenses Incurred During Period | $ 2.02 |
Hypothetical Performance (5% annualized return before expenses) | |
Beginning Account Value | $1,000.00 |
Ending Account Value | $1,023.06 |
Expenses Incurred During the Period | $ 1.76 |
Actual Performance | |
Beginning Account Value | $1,000.00 |
Ending Account Value | $1,274.20 |
Expenses Incurred During Period | $ 2.26 |
Hypothetical Performance (5% annualized return before expenses) | |
Beginning Account Value | $1,000.00 |
Ending Account Value | $1,022.81 |
Expenses Incurred During the Period | $ 2.01 |
Actual Performance | |
Beginning Account Value | $1,000.00 |
Ending Account Value | $1,435.10 |
Expenses Incurred During Period | $ 2.42 |
Hypothetical Performance (5% annualized return before expenses) | |
Beginning Account Value | $1,000.00 |
Ending Account Value | $1,022.81 |
Expenses Incurred During the Period | $ 2.01 |
Actual Performance | |
Beginning Account Value | $1,000.00 |
Ending Account Value | $1,461.00 |
Expenses Incurred During Period | $ 2.44 |
Hypothetical Performance (5% annualized return before expenses) | |
Beginning Account Value | $1,000.00 |
Ending Account Value | $1,022.81 |
Expenses Incurred During the Period | $ 2.01 |
Shares | Description (1) | Value | ||||
LONG-TERM INVESTMENTS – 99.7% | ||||||
COMMON STOCKS – 99.7% | ||||||
Communication Services – 12.6% | ||||||
24,238 | Advanced Info Service PCL, (2) | $133,109 | ||||
252,284 | Axiata Group Bhd | 238,341 | ||||
137 | CD Projekt SA, (3) | 6,296 | ||||
162,614 | Chunghwa Telecom Co Ltd | 663,659 | ||||
10,510 | DiGiCom Bhd | 10,750 | ||||
19,295 | Emirates Telecommunications Group Co PJSC | 111,258 | ||||
236 | Globe Telecom Inc | 8,984 | ||||
2,433 | Hellenic Telecommunications Organization SA | 41,326 | ||||
8,015 | Info Edge India Ltd, (3) | 531,794 | ||||
5,218 | Intouch Holdings PCL, (2) | 10,683 | ||||
8,257 | Maxis Bhd | 9,272 | ||||
106,124 | MTN Group, (3) | 670,211 | ||||
991 | MultiChoice Group | 8,524 | ||||
3,151 | NAVER Corp | 1,018,371 | ||||
4,665 | Ooredoo QPSC | 9,110 | ||||
6,409 | Orange Polska SA, (3) | 11,527 | ||||
4,463 | SK Telecom Co Ltd | 1,217,711 | ||||
2,882 | Taiwan Mobile Co Ltd | 10,318 | ||||
50,832 | Telefonica Brasil SA | 404,763 | ||||
7,686 | Telekom Malaysia Bhd | 10,714 | ||||
77,936 | Tencent Holdings Ltd | 6,251,457 | ||||
8,313 | Total Access Communication PCL, (2) | 8,743 | ||||
82,771 | True Corp PCL | 8,719 | ||||
116,315 | Turkcell Iletisim Hizmetleri AS | 208,166 | ||||
1,134 | Vodacom Group Ltd | 9,828 | ||||
2,100 | Wuhu Sanqi Interactive Entertainment Network Technology Group Co Ltd | 7,162 | ||||
Total Communication Services | 11,620,796 | |||||
Consumer Discretionary – 17.4% | ||||||
25,792 | Alibaba Group Holding Ltd, Sponsored ADR, (3) | 5,956,662 | ||||
724 | Allegroeu SA, 144A, (3) | 11,109 | ||||
60,633 | Asset World Corp PCL, (2), (3) | 9,269 | ||||
633 | B2W Cia Digital, (3) | 7,855 | ||||
176 | Bajaj Auto Ltd, (3) | 9,109 | ||||
188 | Baozun Inc, Sponsored ADR, (3) | 6,526 | ||||
34,772 | BYD Co Ltd | 717,659 |
Shares | Description (1) | Value | ||||
Consumer Discretionary (continued) | ||||||
4,550 | BYD Co Ltd | $111,542 | ||||
6,695 | Cheng Shin Rubber Industry Co Ltd | 12,967 | ||||
4,662 | China Education Group Holdings Ltd | 11,261 | ||||
3,300 | Chongqing Changan Automobile Co Ltd, (3) | 8,352 | ||||
152 | Coway Co Ltd | 9,142 | ||||
678 | Eclat Textile Co Ltd | 13,010 | ||||
322 | Eicher Motors Ltd, (3) | 10,527 | ||||
2,567 | Falabella SA | 11,537 | ||||
460 | FF Group, (3), (4) | 664 | ||||
256 | Fila Holdings Corp | 10,494 | ||||
1,000 | Fuyao Glass Industry Group Co Ltd | 7,936 | ||||
1,168 | Fuyao Glass Industry Group Co Ltd, 144A | 6,790 | ||||
188,975 | Geely Automobile Holdings Ltd | 490,269 | ||||
3,651 | Great Wall Motor Co Ltd | 9,035 | ||||
1,400 | Great Wall Motor Co Ltd | 7,235 | ||||
1,200 | Guangdong Xinbao Electrical Appliances Holdings Co Ltd | 6,946 | ||||
9,579 | Guangzhou Automobile Group Co Ltd | 8,177 | ||||
6,195 | Hangzhou Robam Appliances Co Ltd | 36,748 | ||||
231 | Hankook Tire & Technology Co Ltd | 9,989 | ||||
629 | Hanon Systems | 9,161 | ||||
288 | Hero MotoCorp Ltd | 10,957 | ||||
21,968 | Home Product Center PCL, (2) | 9,948 | ||||
487 | Hotai Motor Co Ltd | 10,530 | ||||
6,622 | Jarir Marketing Co | 351,398 | ||||
880 | JD Health International Inc, 144A, (3) | 13,710 | ||||
1,900 | Joyoung Co Ltd | 9,341 | ||||
4,536 | JUMBO SA | 84,910 | ||||
26,967 | Koolearn Technology Holding Ltd, 144A, (3) | 51,873 | ||||
9,134 | LG Electronics Inc | 1,293,302 | ||||
2,800 | Liaoning Cheng Da Co Ltd | 9,757 | ||||
1,349 | Lojas Renner SA | 10,046 | ||||
6 | LPP SA, (3) | 15,518 | ||||
6,698 | Mahindra & Mahindra Ltd | 68,049 | ||||
62,697 | Meituan., Class B, 144A, (3) | 2,405,571 | ||||
11,183 | Minor International PCL, (2), (3) | 10,774 | ||||
812 | Mr Price Group Ltd | 10,179 | ||||
6,645 | Naspers Ltd | 1,516,297 | ||||
749 | Nien Made Enterprise Co Ltd | 12,120 | ||||
20,804 | NIO Inc., ADR, (3) | 828,831 | ||||
9,400 | Shenzhen Overseas Chinese Town Co Ltd | 13,530 | ||||
17,300 | Songcheng Performance Development Co Ltd | 58,118 |
Shares | Description (1) | Value | ||||
Consumer Discretionary (continued) | ||||||
63,453 | Suningcom Co Ltd | $65,333 | ||||
94,616 | TCL Technology Group Corp, (3) | 131,648 | ||||
17,850 | Titan Co Ltd | 359,458 | ||||
15,536 | Tongcheng-Elong Holdings Ltd, (3) | 38,966 | ||||
6,006 | Topsports International Holdings Ltd, 144A | 8,119 | ||||
982 | Trent Ltd | 10,314 | ||||
4,951 | Via Varejo S/A, (3) | 10,796 | ||||
3,791 | Vipshop Holdings Ltd., ADR, (3) | 116,649 | ||||
2,700 | Weifu High-Technology Group Co Ltd | 10,177 | ||||
3,209 | Woolworths Holdings Ltd/South Africa, (3) | 10,874 | ||||
14,400 | Wuchan Zhongda Group Co Ltd | 10,285 | ||||
1,700 | Xiamen Intretech Inc | 10,691 | ||||
236 | XPeng Inc., ADR, (3) | 7,059 | ||||
3,685 | Yadea Group Holdings Ltd, 144A | 8,066 | ||||
14,794 | Yum China Holdings Inc | 930,838 | ||||
Total Consumer Discretionary | 16,034,003 | |||||
Consumer Staples – 6.0% | ||||||
28,203 | Almarai Co JSC | 404,608 | ||||
53 | Amorepacific Corp | 12,889 | ||||
177 | AMOREPACIFIC Group | 11,696 | ||||
1,000 | Angel Yeast Co Ltd | 9,078 | ||||
2,665 | Atacadao SA | 10,669 | ||||
7,626 | Berli Jucker PCL, (2) | 8,694 | ||||
875 | BGF retail Co Ltd | 120,353 | ||||
470 | Bid Corp Ltd, (3) | 9,263 | ||||
861 | Britannia Industries Ltd | 40,090 | ||||
10,500 | By-health Co Ltd | 53,082 | ||||
900 | Chacha Food Co Ltd | 7,507 | ||||
11,053 | Charoen Pokphand Foods PCL, (2) | 10,294 | ||||
13,900 | China Feihe Ltd, 144A | 39,641 | ||||
124,037 | China Mengniu Dairy Co Ltd | 664,354 | ||||
26 | CJ CheilJedang Corp | 9,244 | ||||
579 | Clicks Group Ltd | 9,666 | ||||
2,396 | Coca-Cola Femsa SAB de CV | 11,285 | ||||
425 | Colgate-Palmolive India Ltd | 8,503 | ||||
5,155 | CP ALL PCL, (2) | 10,347 | ||||
1,253 | Dabur India Ltd | 9,102 | ||||
218,156 | Dali Foods Group Co Ltd, 144A | 129,767 | ||||
146 | Dino Polska SA, 144A, (3) | 9,487 | ||||
3,729 | Embotelladora Andina SA | 8,850 | ||||
108,296 | Fomento Economico Mexicano SAB de CV | 844,005 |
Shares | Description (1) | Value | ||||
Consumer Staples (continued) | ||||||
1,349 | Fraser & Neave Holdings Bhd | $9,879 | ||||
300 | Fu Jian Anjoy Foods Co Ltd | 11,688 | ||||
874 | Gruma SAB de CV | 9,558 | ||||
3,037 | GS Retail Co Ltd | 97,743 | ||||
31,645 | Hindustan Unilever Ltd | 1,005,561 | ||||
41,006 | Inner Mongolia Yili Industrial Group Co Ltd | 259,602 | ||||
6,714 | Kimberly-Clark de Mexico SAB de CV | 11,685 | ||||
1,766 | Kuala Lumpur Kepong Bhd | 9,484 | ||||
900 | Laobaixing Pharmacy Chain JSC | 7,465 | ||||
7 | LG Household & Health Care Ltd | 9,685 | ||||
10,848 | Magnit PJSC, GDR, (2) | 152,794 | ||||
336 | Magnit PJSC, GDR | 4,733 | ||||
1,653 | Marico Ltd | 9,152 | ||||
1,010 | Natura & Co Holding SA, (3) | 9,074 | ||||
2,629 | Nestle India Ltd | 578,852 | ||||
294 | Nestle Malaysia Bhd | 9,739 | ||||
2,203 | PPB Group Bhd | 9,949 | ||||
1,045 | President Chain Store Corp | 10,138 | ||||
12,482 | Puregold Price Club Inc | 9,669 | ||||
6,674 | QL Resources Bhd | 9,857 | ||||
29,739 | Savola Group | 316,811 | ||||
962 | Shoprite Holdings Ltd | 9,588 | ||||
835 | SPAR Group Ltd | 10,559 | ||||
10,430 | Sun Art Retail Group Ltd | 9,615 | ||||
21,642 | Thai Union Group PCL, (2) | 10,495 | ||||
378,327 | Unilever Indonesia Tbk PT | 157,145 | ||||
8,785 | Uni-President China Holdings Ltd | 10,700 | ||||
4,086 | Uni-President Enterprises Corp | 10,986 | ||||
3,419 | Universal Robina Corp | 9,721 | ||||
3,057 | Vinda International Holdings Ltd | 10,883 | ||||
13,269 | Want Want China Holdings Ltd | 9,618 | ||||
10,050 | X5 Retail Group NV, GDR | 308,535 | ||||
500 | Yifeng Pharmacy Chain Co Ltd | 6,945 | ||||
Total Consumer Staples | 5,570,382 | |||||
Energy – 2.5% | ||||||
17,788 | Cosan SA | 295,284 | ||||
445,660 | Dialog Group Bhd | 330,731 | ||||
29,851 | Offshore Oil Engineering Co Ltd | 20,075 | ||||
33,496 | Petronas Dagangan Bhd | 164,847 | ||||
55,230 | Qatar Fuel QSC | 276,074 | ||||
281,260 | Qatar Gas Transport Co Ltd | 244,104 |
Shares | Description (1) | Value | ||||
Energy (continued) | ||||||
5,080 | S-Oil Corp, (3) | $397,778 | ||||
126,596 | Thai Oil PCL, (2) | 240,893 | ||||
81,714 | Ultrapar Participacoes SA | 317,954 | ||||
Total Energy | 2,287,740 | |||||
Financials – 16.5% | ||||||
1,209 | Absa Group Ltd, (3) | 10,205 | ||||
5,600 | Abu Dhabi Commercial Bank PJSC | 9,559 | ||||
7,712 | Abu Dhabi Islamic Bank PJSC | 10,141 | ||||
10,198 | AMMB Holdings Bhd | 7,419 | ||||
34,086 | Axis Bank Ltd, (3) | 328,976 | ||||
85,939 | B3 SA - Brasil Bolsa Balcao | 815,789 | ||||
119,640 | Banco Bradesco SA | 525,951 | ||||
37,016 | Banco Bradesco SA | 141,030 | ||||
11,219 | Banco do Brasil SA | 61,293 | ||||
1,839 | Banco Santander Brasil SA | 13,061 | ||||
154,832 | Banco Santander Chile | 8,455 | ||||
2,722 | Bancolombia SA | 20,315 | ||||
1,164 | Bancolombia SA | 8,712 | ||||
81,748 | Bandhan Bank Ltd, 144A, (3) | 363,919 | ||||
6,688 | Bank Central Asia Tbk PT | 14,828 | ||||
5,692 | Bank of the Philippine Islands | 9,788 | ||||
20,722 | Bank Polska Kasa Opieki SA, (3) | 437,732 | ||||
1,583,150 | Bank Rakyat Indonesia Persero Tbk PT | 443,874 | ||||
408,418 | Cathay Financial Holding Co Ltd | 764,696 | ||||
1,727 | Chailease Holding Co Ltd | 12,489 | ||||
1,058,449 | China Construction Bank Corp | 838,108 | ||||
64,400 | China Construction Bank Corp | 67,005 | ||||
9,372 | CIMB Group Holdings Bhd | 9,472 | ||||
8,290 | Commercial Bank PSQC | 12,295 | ||||
1,132 | Credicorp Ltd, (3) | 135,161 | ||||
14,515 | CTBC Financial Holding Co Ltd | 11,848 | ||||
11,664 | ESun Financial Holding Co Ltd | 11,254 | ||||
143,579 | First Abu Dhabi Bank PJSC | 556,624 | ||||
13,646 | First Financial Holding Co Ltd | 11,187 | ||||
2,855 | FirstRand Ltd | 10,044 | ||||
495,203 | Fubon Financial Holding Co Ltd | 1,138,153 | ||||
92,243 | Grupo Financiero Banorte SAB de CV | 525,901 | ||||
50,625 | Huatai Securities Co Ltd | 124,599 | ||||
166,038 | Huatai Securities Co Ltd, 144A | 237,293 | ||||
80,853 | Huaxia Bank Co Ltd | 77,999 | ||||
896 | Hyundai Marine & Fire Insurance Co Ltd | 19,614 |
Shares | Description (1) | Value | ||||
Financials (continued) | ||||||
140,522 | Industrial Bank Co Ltd | $472,292 | ||||
3,074 | Kasikornbank PCL | 13,130 | ||||
16,287 | KB Financial Group Inc | 800,916 | ||||
1,826 | Komercni banka as, (3) | 55,443 | ||||
34,463 | Kotak Mahindra Bank Ltd, (3) | 813,647 | ||||
4,776 | Krungthai Card PCL, (2) | 11,696 | ||||
4,974 | Malayan Banking Bhd | 9,993 | ||||
8,379 | MCB Bank Ltd | 8,900 | ||||
9,777 | Mega Financial Holding Co Ltd | 11,428 | ||||
3,125 | Moneta Money Bank AS, 144A, (3) | 11,633 | ||||
4,501 | Muangthai Capital PCL, (2) | 9,251 | ||||
1,349 | Nedbank Group Ltd, (3) | 13,749 | ||||
529,988 | Old Mutual Ltd | 462,130 | ||||
1,194 | OTP Bank Nyrt, (3) | 53,758 | ||||
115,723 | Ping An Insurance Group Co of China Ltd | 1,265,722 | ||||
46,643 | Ping An Insurance Group Co of China Ltd | 522,794 | ||||
410,105 | Public Bank Bhd | 415,471 | ||||
39,254 | Qatar National Bank QPSC | 192,982 | ||||
7,356 | RHB Bank Bhd | 9,356 | ||||
349 | Samsung Card Co Ltd | 11,075 | ||||
3,489 | Samsung Fire & Marine Insurance Co Ltd | 621,047 | ||||
2,311 | Sanlam Ltd | 8,924 | ||||
3,296 | Santander Bank Polska SA, (3) | 195,200 | ||||
7,237 | Shanghai Commercial & Savings Bank Ltd | 11,257 | ||||
29,863 | Shinhan Financial Group Co Ltd | 1,073,871 | ||||
3,185 | Siam Commercial Bank PCL, (2) | 10,740 | ||||
25,129 | SinoPac Financial Holdings Co Ltd | 11,965 | ||||
1,050 | Standard Bank Group Ltd | 8,541 | ||||
65,658 | State Bank of India, (3) | 313,343 | ||||
22,097 | Taishin Financial Holding Co Ltd | 11,154 | ||||
14,327 | Taiwan Cooperative Financial Holding Co Ltd | 10,976 | ||||
13,738 | Yuanta Financial Holding Co Ltd | 12,787 | ||||
Total Financials | 15,249,960 | |||||
Health Care – 4.5% | ||||||
136,839 | 3SBio Inc, 144A, (3) | 129,671 | ||||
5,339 | AK Medical Holdings Ltd, 144A | 8,318 | ||||
15,040 | Alibaba Health Information Technology Ltd, (3) | 45,893 | ||||
972 | Aspen Pharmacare Holdings Ltd, (3) | 10,820 | ||||
14,675 | Bangkok Dusit Medical Services PCL, (2) | 10,227 | ||||
1,293 | BeiGene Ltd., ADR, (3) | 444,197 | ||||
1,769 | Biocon Ltd, (3) | 9,067 |
Shares | Description (1) | Value | ||||
Health Care (continued) | ||||||
2,530 | Bumrungrad Hospital PCL, (2) | $10,888 | ||||
196 | CanSino Biologics Inc, 144A, (3) | 9,817 | ||||
2,400 | Chengdu Kanghong Pharmaceutical Group Co Ltd | 8,011 | ||||
34,552 | China Medical System Holdings Ltd | 80,076 | ||||
269,155 | CSPC Pharmaceutical Group Ltd | 333,375 | ||||
5,919 | Dr Sulaiman Al Habib Medical Services Group Co | 238,648 | ||||
6,725 | Genscript Biotech Corp, (3) | 15,585 | ||||
2,118 | Guangzhou Baiyunshan Pharmaceutical Holdings Co Ltd | 10,033 | ||||
700 | Guangzhou Kingmed Diagnostics Group Co Ltd | 15,613 | ||||
27 | Hanmi Pharm Co Ltd | 8,204 | ||||
1,834 | Hansoh Pharmaceutical Group Co Ltd, 144A, (3) | 7,922 | ||||
3,248 | Hartalega Holdings Bhd | 8,151 | ||||
8,198 | Hutchison China MediTech Ltd., ADR, (3) | 231,921 | ||||
7,927 | IHH Healthcare Bhd | 10,411 | ||||
600 | Jafron Biomedical Co Ltd | 8,951 | ||||
3,918 | Jinxin Fertility Group Ltd, 144A | 10,089 | ||||
92,031 | Kalbe Farma Tbk PT | 9,174 | ||||
1,600 | Livzon Pharmaceutical Group Inc | 11,626 | ||||
1,448 | Microport Scientific Corp | 10,459 | ||||
18,259 | Notre Dame Intermedica Participacoes SA | 273,519 | ||||
2,100 | Ovctek China Inc | 37,712 | ||||
1,046 | Piramal Enterprises Ltd | 23,727 | ||||
370 | Richter Gedeon Nyrt | 10,599 | ||||
5,074 | Shandong Weigao Group Medical Polymer Co Ltd | 11,380 | ||||
1,893 | Shanghai Fosun Pharmaceutical Group Co Ltd | 12,028 | ||||
1,200 | Shanghai Fosun Pharmaceutical Group Co Ltd | 11,176 | ||||
66,266 | Shanghai Pharmaceuticals Holding Co Ltd | 150,844 | ||||
3,400 | Shanghai Pharmaceuticals Holding Co Ltd | 11,764 | ||||
102 | SK Biopharmaceuticals Co Ltd, (3) | 9,995 | ||||
7,542 | Sri Trang Gloves Thailand PCL, (2) | 10,718 | ||||
82,851 | Supermax Corp Bhd | 121,959 | ||||
16,200 | Tianjin Chase Sun Pharmaceutical Co Ltd | 10,945 | ||||
29,141 | WuXi AppTec Co Ltd, 144A | 689,237 | ||||
14,475 | WuXi AppTec Co Ltd | 355,254 | ||||
43,519 | Wuxi Biologics Cayman Inc, 144A, (3) | 613,547 | ||||
8,605 | Yunnan Baiyao Group Co Ltd | 143,076 | ||||
Total Health Care | 4,194,627 | |||||
Industrials – 5.7% | ||||||
12,543 | Air China Ltd | 9,948 | ||||
8,512 | Air China Ltd | 10,765 | ||||
243,874 | Airports of Thailand PCL, (2) | 485,594 |
Shares | Description (1) | Value | ||||
Industrials (continued) | ||||||
25,169 | A-Living Smart City Services Co Ltd, 144A | $116,012 | ||||
20,537 | Ayala Corp | 316,052 | ||||
754 | Bidvest Group Ltd | 8,705 | ||||
23,485 | BOC Aviation Ltd, 144A | 211,965 | ||||
31,856 | BTS Group Holdings PCL | 9,259 | ||||
2,154 | China Conch Venture Holdings Ltd | 10,192 | ||||
122,472 | China Lesso Group Holdings Ltd | 308,748 | ||||
136 | CJ Corp | 11,676 | ||||
8,629 | Contemporary Amperex Technology Co Ltd | 517,832 | ||||
12,716 | Country Garden Services Holdings Co Ltd | 133,433 | ||||
367 | Doosan Bobcat Inc, (3) | 15,061 | ||||
85,577 | ElSewedy Electric Co, (3) | 43,991 | ||||
861 | Eve Energy Co Ltd | 11,803 | ||||
11,907 | Evergreen Marine Corp Taiwan Ltd, (3) | 33,675 | ||||
10,427 | Far Eastern New Century Corp | 12,412 | ||||
9,285 | Greentown Service Group Co Ltd | 14,800 | ||||
10,856 | Grupo Aeroportuario del Pacifico SAB de CV, (3) | 112,211 | ||||
585 | Grupo Aeroportuario del Sureste SAB de CV, (3) | 9,947 | ||||
6,774 | GS Engineering & Construction Corp | 268,865 | ||||
1,098 | GT Capital Holdings Inc | 11,972 | ||||
4,968 | HAP Seng Consolidated Bhd | 9,739 | ||||
604 | Havells India Ltd | 8,075 | ||||
876 | Hiwin Technologies Corp | 13,328 | ||||
59,216 | JG Summit Holdings Inc | 64,873 | ||||
6,600 | Jiangsu Zhongtian Technology Co Ltd | 10,428 | ||||
378 | Korean Air Lines Co Ltd, (3) | 9,141 | ||||
10,706 | LG Corp, (4) | 1,217,521 | ||||
2,595 | Localiza Rent a Car SA | 30,756 | ||||
366 | Lotte Corp | 12,043 | ||||
7,135 | Malaysia Airports Holdings Bhd | 10,433 | ||||
2,678 | Rumo SA, (3) | 9,872 | ||||
834 | Samsung Engineering Co Ltd, (3) | 13,008 | ||||
613 | Shenzhen Inovance Technology Co Ltd | 8,477 | ||||
123,772 | Shenzhen International Holdings Ltd | 206,211 | ||||
3,075 | Siemens Ltd | 77,910 | ||||
18,410 | Sime Darby Bhd | 10,157 | ||||
29,172 | Sinotrans Ltd | 22,009 | ||||
500 | Sungrow Power Supply Co Ltd | 6,949 | ||||
46,438 | WEG SA | 299,672 | ||||
9,301 | Westports Holdings Bhd | 9,763 | ||||
82,753 | Xinjiang Goldwind Science & Technology Co Ltd | 136,380 |
Shares | Description (1) | Value | ||||
Industrials (continued) | ||||||
20,510 | Xinjiang Goldwind Science & Technology Co Ltd | $38,652 | ||||
15,832 | Zhengzhou Yutong Bus Co Ltd | 33,312 | ||||
44,002 | Zoomlion Heavy Industry Science and Technology Co Ltd | 80,340 | ||||
151,123 | Zoomlion Heavy Industry Science and Technology Co Ltd | 209,362 | ||||
Total Industrials | 5,233,329 | |||||
Information Technology – 21.2% | ||||||
81,784 | AAC Technologies Holdings Inc | 455,417 | ||||
10,732 | Acer Inc | 13,178 | ||||
1,112 | Asustek Computer Inc | 14,968 | ||||
11,623 | Compal Electronics Inc | 10,403 | ||||
146,137 | Delta Electronics Inc | 1,582,588 | ||||
7,982 | Delta Electronics Thailand PCL, (2) | 90,747 | ||||
376 | Globant SA, (3) | 86,172 | ||||
786 | HCL Technologies Ltd | 9,539 | ||||
79,379 | Infosys Ltd | 1,451,375 | ||||
12,124 | Inventec Corp | 11,784 | ||||
2,471 | Kingdee International Software Group Co Ltd | 8,176 | ||||
185 | Larsen & Toubro Infotech Ltd, 144A | 9,716 | ||||
813,298 | Lenovo Group Ltd | 1,118,346 | ||||
26,239 | LG Display Co Ltd, (3) | 573,208 | ||||
5,417 | Lite-On Technology Corp | 12,392 | ||||
53,697 | MediaTek Inc | 2,277,985 | ||||
6,318 | Samsung Electro-Mechanics Co Ltd | 1,016,696 | ||||
2,325 | Samsung SDI Co Ltd | 1,366,971 | ||||
54 | Samsung SDS Co Ltd | 8,884 | ||||
23,512 | Sunny Optical Technology Group Co Ltd | 573,356 | ||||
333,497 | Taiwan Semiconductor Manufacturing Co Ltd | 7,163,506 | ||||
33,786 | Tata Consultancy Services Ltd | 1,384,623 | ||||
14,421 | Unisplendour Corp Ltd | 40,732 | ||||
45,558 | Wipro Ltd | 303,064 | ||||
10,355 | Wistron Corp | 12,122 | ||||
Total Information Technology | 19,595,948 | |||||
Materials – 7.9% | ||||||
316 | Anglo American Platinum Ltd | 43,233 | ||||
1,349 | Asian Paints Ltd | 46,193 | ||||
3,159,837 | Barito Pacific Tbk PT, (3) | 218,749 | ||||
15,798 | Beijing Oriental Yuhong Waterproof Technology Co Ltd | 141,070 | ||||
972 | Berger Paints India Ltd | 9,239 | ||||
23,579 | China Jushi Co Ltd | 65,688 | ||||
365,475 | China Molybdenum Co Ltd | 247,984 | ||||
11,765 | China Molybdenum Co Ltd | 10,568 |
Shares | Description (1) | Value | ||||
Materials (continued) | ||||||
988 | Cia de Minas Buenaventura SAA, ADR, (3) | $9,603 | ||||
3,363 | Empresas CMPC SA | 9,300 | ||||
7,352 | Ganfeng Lithium Co Ltd | 124,448 | ||||
10,900 | GEM Co Ltd | 16,851 | ||||
122,834 | Gerdau SA | 752,140 | ||||
1,077 | Gold Fields Ltd | 10,185 | ||||
1,687 | Grasim Industries Ltd | 31,910 | ||||
2,500 | Guangdong Hongda Blasting Co Ltd | 10,737 | ||||
250 | Hanwha Solutions Corp, (3) | 10,350 | ||||
29,458 | Hengli Petrochemical Co Ltd | 135,031 | ||||
23,609 | Impala Platinum Holdings Ltd | 441,878 | ||||
9,024 | Indorama Ventures PCL, (2) | 13,911 | ||||
1,752 | KGHM Polska Miedz SA, (3) | 89,980 | ||||
3,100 | Kingfa Sci & Tech Co Ltd | 10,917 | ||||
1,930 | Klabin SA, (3) | 9,911 | ||||
824 | Korea Zinc Co Ltd | 330,385 | ||||
7,267 | Kumba Iron Ore Ltd | 329,766 | ||||
62 | Kumho Petrochemical Co Ltd | 14,492 | ||||
882 | Lotte Chemical Corp | 241,046 | ||||
407,435 | Merdeka Copper Gold Tbk PT, (3) | 73,900 | ||||
46,933 | Nan Ya Plastics Corp | 148,194 | ||||
36,974 | National Industrialization Co, (3) | 189,302 | ||||
745 | Northam Platinum Ltd, (3) | 12,838 | ||||
58,000 | Pangang Group Vanadium Titanium & Resources Co Ltd, (3) | 19,996 | ||||
5,542 | PhosAgro PJSC, GDR | 101,807 | ||||
326 | PI Industries Ltd | 11,054 | ||||
378 | Pidilite Industries Ltd, (3) | 9,266 | ||||
6,455 | Polymetal International PLC | 133,657 | ||||
6,617 | Polyus PJSC, GDR | 613,065 | ||||
39,188 | Press Metal Aluminium Holdings Bhd | 49,746 | ||||
211,620 | PTT Global Chemical PCL, (2) | 460,450 | ||||
48,592 | Saudi Arabian Mining Co, (3) | 742,466 | ||||
20,900 | Shandong Nanshan Aluminum Co Ltd | 12,343 | ||||
1,300 | Shandong Sinocera Functional Material Co Ltd | 9,948 | ||||
840 | Shanghai Putailai New Energy Technology Co Ltd | 10,528 | ||||
2,400 | Sinoma Science & Technology Co Ltd | 8,148 | ||||
300 | Skshu Paint Co Ltd | 10,989 | ||||
1,239 | Sociedad Quimica y Minera de Chile SA | 64,965 | ||||
6,935 | Taiwan Cement Corp | 12,935 | ||||
10,705 | Transfar Zhilian Co Ltd | 10,112 | ||||
56,024 | UPL Ltd | 459,023 |
Shares | Description (1) | Value | ||||
Materials (continued) | ||||||
3,300 | Xiamen Tungsten Co Ltd | $9,851 | ||||
28,557 | Yanbu National Petrochemical Co | 556,656 | ||||
5,341 | Yunnan Energy New Material Co Ltd | 111,100 | ||||
9,025 | Zhaojin Mining Industry Co Ltd | 8,192 | ||||
7,825 | Zhejiang Huayou Cobalt Co Ltd, (3) | 98,920 | ||||
Total Materials | 7,325,016 | |||||
Real Estate – 2.1% | ||||||
16,866 | Ayala Land Inc | 11,279 | ||||
53,950 | Cencosud Shopping SA | 87,623 | ||||
6,615 | China Merchants Shekou Industrial Zone Holdings Co Ltd | 11,883 | ||||
302,826 | China Overseas Land & Investment Ltd | 766,535 | ||||
15,542 | China Overseas Property Holdings Ltd | 15,768 | ||||
2,436 | China Resources Land Ltd | 11,432 | ||||
91,656 | China Vanke Co Ltd | 320,985 | ||||
2,100 | China Vanke Co Ltd | 9,146 | ||||
69,774 | DLF Ltd | 232,949 | ||||
10,362 | Growthpoint Properties Ltd | 10,371 | ||||
36,797 | Guangzhou R&F Properties Co Ltd | 47,093 | ||||
3,127 | Hopson Development Holdings Ltd | 12,300 | ||||
33,361 | Land & Houses PCL, (2) | 9,268 | ||||
1,838 | Longfor Group Holdings Ltd, 144A | 11,465 | ||||
1,760 | NEPI Rockcastle PLC | 11,853 | ||||
1,581 | Poly Property Services Co Ltd | 11,572 | ||||
354,127 | Shenzhen Investment Ltd | 129,945 | ||||
16,675 | Shimao Group Holdings Ltd | 48,306 | ||||
244,990 | SM Prime Holdings Inc | 175,284 | ||||
Total Real Estate | 1,935,057 | |||||
Utilities – 3.3% | ||||||
10,333 | Adani Green Energy Ltd, (3) | 142,142 | ||||
24,380 | Beijing Enterprises Water Group Ltd | 9,323 | ||||
5,029 | China Longyuan Power Group Corp Ltd | 7,407 | ||||
3,971 | Cia Energetica de Minas Gerais | 10,130 | ||||
8,174 | Cia Paranaense de Energia | 9,432 | ||||
1,388 | CPFL Energia SA | 7,509 | ||||
3,206,379 | Enel Americas SA | 454,190 | ||||
1,066 | Energisa SA | 8,657 | ||||
4,823 | Energy Absolute PCL, (2) | 9,449 | ||||
1,171 | Engie Brasil Energia SA | 8,778 | ||||
85,652 | ENN Energy Holdings Ltd | 1,460,093 | ||||
2,591 | Equatorial Energia SA | 11,983 | ||||
49,985 | Interconexion Electrica SA ESP | 285,666 |
Shares | Description (1) | Value | ||||
Utilities (continued) | ||||||
215,347 | Power Grid Corp of India Ltd | $ 640,612 | ||||
Total Utilities | 3,065,371 | |||||
Total Common Stocks (cost $72,898,741) | 92,112,229 |
Shares | Description (1) | Value | ||||
COMMON STOCK RIGHTS – 0.0% | ||||||
Information Technology – 0.0% | ||||||
3,176 | Legend Holdings Corp, (4) | $ — | ||||
Total Common Stock Rights (cost $-) | — | |||||
Total Long-Term Investments (cost $72,898,741) | 92,112,229 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (5) | Value | |
SHORT-TERM INVESTMENTS – 0.3% | ||||||
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 0.3% | ||||||
$ 257 | Federal Agricultural Mortgage Corp Discount Notes | 0.000% | 5/03/21 | N/R | $ 257,000 | |
Total Short-Term Investments (cost $257,000) | 257,000 | |||||
Total Investments (cost $73,155,741) – 100.0% | 92,369,229 | |||||
Other Assets Less Liabilities – (0.0)% | (4,723) | |||||
Net Assets – 100% | $ 92,364,506 |
For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease. | ||
(1) | All percentages shown in the Portfolio of Investments are based on net assets. | |
(2) | For fair value measurement disclosure purposes, investment classified as Level 2. See Notes to Financial Statements, Note 3 - Investment Valuation and Fair Value Measurements for more information. | |
(3) | Non-income producing; issuer has not declared an ex-dividend date within the past twelve months. | |
(4) | Investment valued at fair value using methods determined in good faith by, or at the discretion of, the Board. For fair value measurement disclosure purposes, investment classified as Level 3. See Notes to Financial Statements, Note 3 - Investment Valuation and Fair Value Measurements for more information. | |
(5) | For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies. | |
144A | Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. | |
ADR | American Depositary Receipt | |
GDR | Global Depositary Receipt |
Shares | Description (1) | Value | ||||
LONG-TERM INVESTMENTS – 99.4% | ||||||
COMMON STOCKS – 99.4% | ||||||
Communication Services – 4.1% | ||||||
1,398 | Auto Trader Group PLC, 144A, (2) | $11,037 | ||||
6,426 | BT Group PLC, (2) | 14,676 | ||||
418 | Capcom Co Ltd | 13,576 | ||||
209 | Elisa Oyj | 11,873 | ||||
9,597 | HKT Trust & HKT Ltd | 13,938 | ||||
26,049 | KDDI Corp | 787,869 | ||||
4,013 | Koninklijke KPN NV | 13,845 | ||||
4,864 | Nippon Telegraph & Telephone Corp | 122,596 | ||||
985 | Orange SA | 12,272 | ||||
565 | Proximus SADP | 12,059 | ||||
640 | SEEK Ltd, (2) | 15,311 | ||||
555,621 | Singapore Telecommunications Ltd | 1,044,086 | ||||
20,989 | SoftBank Corp | 270,655 | ||||
3,680 | Spark New Zealand Ltd | 11,618 | ||||
20 | Swisscom AG | 10,861 | ||||
675 | Tele2 AB | 8,729 | ||||
4,233 | Telefonica Deutschland Holding AG | 12,321 | ||||
47,529 | Telenor ASA | 849,243 | ||||
2,908 | Telia Co AB | 12,050 | ||||
4,717 | Telstra Corp Ltd | 12,352 | ||||
614,647 | Vodafone Group PLC | 1,164,181 | ||||
1,262 | WPP PLC | 17,047 | ||||
59,356 | Z Holdings Corp | 274,231 | ||||
Total Communication Services | 4,716,426 | |||||
Consumer Discretionary – 11.4% | ||||||
12,498 | Accor SA | 503,559 | ||||
27 | adidas AG | 8,348 | ||||
1,208 | Barratt Developments PLC | 12,912 | ||||
3,876 | Bayerische Motoren Werke AG | 318,216 | ||||
11,736 | Bayerische Motoren Werke AG | 1,178,258 | ||||
165 | Berkeley Group Holdings PLC | 10,570 | ||||
451 | Burberry Group PLC, (2) | 12,870 | ||||
7,997 | Cie Financiere Richemont SA | 821,051 | ||||
85 | Cie Generale des Etablissements Michelin SCA | 12,315 | ||||
23,612 | Compass Group PLC, (2) | 514,082 |
Shares | Description (1) | Value | ||||
Consumer Discretionary (continued) | ||||||
4,479 | Delivery Hero SE, 144A, (2) | $711,990 | ||||
11,952 | Denso Corp | 771,869 | ||||
466 | Electrolux AB | 13,094 | ||||
472 | EssilorLuxottica SA | 78,638 | ||||
14 | Fast Retailing Co Ltd | 11,490 | ||||
532 | H & M Hennes & Mauritz AB | 13,137 | ||||
196 | HelloFresh SE, (2) | 16,280 | ||||
941 | Husqvarna AB | 13,115 | ||||
24,291 | Industria de Diseno Textil SA | 866,133 | ||||
1,089 | JD Sports Fashion PLC, (2) | 13,847 | ||||
1,134 | Kering SA | 909,845 | ||||
2,743 | Kingfisher PLC, (2) | 13,570 | ||||
600 | Marui Group Co Ltd | 11,231 | ||||
36,270 | Mazda Motor Corp, (2) | 280,723 | ||||
5,849 | Mercari Inc, (2) | 288,958 | ||||
123 | Next PLC | 13,287 | ||||
16,918 | Ocado Group PLC, (2) | 491,197 | ||||
8,457 | Oriental Land Co Ltd/Japan | 1,197,311 | ||||
115,310 | Panasonic Corp | 1,359,815 | ||||
175 | Pandora A/S | 19,886 | ||||
90 | Prosus NV | 9,776 | ||||
102 | Puma SE | 10,771 | ||||
59 | SEB SA | 10,760 | ||||
645 | Sekisui Chemical Co Ltd | 11,224 | ||||
556 | Sekisui House Ltd | 11,237 | ||||
20,872 | Sony Group Corp | 2,081,376 | ||||
5,810 | Taylor Wimpey PLC | 14,448 | ||||
7,868 | Valeo SA | 255,162 | ||||
241 | Whitbread PLC, (2) | 10,825 | ||||
201 | Yamaha Corp | 10,941 | ||||
673 | Yamaha Motor Co Ltd | 16,803 | ||||
112 | Zalando SE, 144A, (2) | 11,668 | ||||
430 | ZOZO Inc | 14,516 | ||||
Total Consumer Discretionary | 12,957,104 | |||||
Consumer Staples – 12.7% | ||||||
349 | Aeon Co Ltd | 9,523 | ||||
20,192 | Associated British Foods PLC, (2) | 645,244 | ||||
5 | Barry Callebaut AG | 11,052 | ||||
114 | Beiersdorf AG | 12,886 | ||||
12,979 | Carrefour SA | 251,626 | ||||
34,497 | Coca-Cola Amatil Ltd, (3) | 354,941 |
Shares | Description (1) | Value | ||||
Consumer Staples (continued) | ||||||
13,934 | Coca-Cola European Partners PLC | $791,730 | ||||
13,633 | Coca-Cola HBC AG | 472,267 | ||||
15,188 | Danone SA | 1,071,951 | ||||
389 | Essity AB | 12,711 | ||||
192 | Etablissements Franz Colruyt NV | 11,402 | ||||
7,059 | Henkel AG & Co KGaA | 702,753 | ||||
118 | Henkel AG & Co KGaA | 13,574 | ||||
240 | ICA Gruppen AB | 11,069 | ||||
3,725 | J Sainsbury PLC | 12,259 | ||||
10,604 | Jeronimo Martins SGPS SA | 193,902 | ||||
15,956 | Kao Corp | 1,022,860 | ||||
1,306 | Kerry Group PLC | 169,479 | ||||
420 | Kesko Oyj | 12,812 | ||||
19,215 | Koninklijke Ahold Delhaize NV | 517,903 | ||||
3,258 | Lawson Inc | 146,052 | ||||
5,064 | L'Oreal SA | 2,082,713 | ||||
29,950 | Mowi ASA | 741,162 | ||||
32,270 | Nestle SA | 3,852,374 | ||||
49,619 | Orkla ASA | 507,406 | ||||
5,267 | Reckitt Benckiser Group PLC | 470,434 | ||||
133,422 | Tesco PLC | 408,252 | ||||
5,036 | Wm Morrison Supermarkets PLC | 12,122 | ||||
Total Consumer Staples | 14,522,459 | |||||
Energy – 1.7% | ||||||
17,093 | Ampol Ltd | 337,877 | ||||
4,674 | Koninklijke Vopak NV | 214,372 | ||||
23,054 | Neste Oyj | 1,398,721 | ||||
Total Energy | 1,950,970 | |||||
Financials – 18.8% | ||||||
66,183 | 3i Group PLC | 1,174,744 | ||||
89,794 | Aegon NV | 417,891 | ||||
4,043 | Allianz SE | 1,053,211 | ||||
114 | Amundi SA, 144A | 10,169 | ||||
70,275 | Assicurazioni Generali SpA | 1,411,502 | ||||
222 | ASX Ltd | 12,515 | ||||
44,610 | AXA SA | 1,263,328 | ||||
272,294 | Banco Bilbao Vizcaya Argentaria SA | 1,530,932 | ||||
77,813 | Bank Hapoalim BM, (2) | 621,381 | ||||
59,635 | Bank Leumi Le-Israel BM, (2) | 420,691 | ||||
5,368 | BNP Paribas SA | 345,006 | ||||
252,134 | BOC Hong Kong Holdings Ltd | 889,482 |
Shares | Description (1) | Value | ||||
Financials (continued) | ||||||
91,325 | CaixaBank SA, (2) | $293,202 | ||||
8,760 | Commonwealth Bank of Australia | 602,504 | ||||
12,581 | DBS Group Holdings Ltd | 282,846 | ||||
65 | Deutsche Boerse AG | 11,213 | ||||
2,037 | DNB ASA | 43,899 | ||||
8,403 | Erste Group Bank AG | 299,420 | ||||
159 | Eurazeo SE | 13,264 | ||||
8,900 | Hang Seng Bank Ltd | 174,749 | ||||
28,257 | Hong Kong Exchanges & Clearing Ltd | 1,709,933 | ||||
2,872 | ING Groep NV | 36,751 | ||||
667,073 | Intesa Sanpaolo SpA | 1,863,815 | ||||
672 | KBC Group NV | 52,275 | ||||
185,421 | Legal & General Group PLC | 699,318 | ||||
1,202,725 | Lloyds Banking Group PLC | 756,599 | ||||
6,573 | MS&AD Insurance Group Holdings Inc | 186,116 | ||||
49 | Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | 14,195 | ||||
64,824 | Natixis SA | 317,135 | ||||
268 | NN Group NV | 13,411 | ||||
52,337 | Nomura Holdings Inc, (2) | 281,017 | ||||
1,657 | Oversea-Chinese Banking Corp Ltd | 15,195 | ||||
100,374 | QBE Insurance Group Ltd | 764,484 | ||||
140,832 | Resona Holdings Inc | 578,506 | ||||
234 | Schroders PLC | 11,689 | ||||
1,577 | Singapore Exchange Ltd | 12,387 | ||||
1,111 | Skandinaviska Enskilda Banken AB | 14,275 | ||||
611 | Societe Generale SA | 17,410 | ||||
785 | St James's Place PLC | 14,798 | ||||
1,753 | Standard Chartered PLC | 12,611 | ||||
2,601 | Standard Life Aberdeen PLC | 9,993 | ||||
22,946 | Sumitomo Mitsui Trust Holdings Inc | 780,926 | ||||
1,286 | Svenska Handelsbanken AB | 14,932 | ||||
599 | Swedbank AB | 10,537 | ||||
8,573 | Swiss Re AG | 797,847 | ||||
2,943 | Tokyo Century Corp | 181,741 | ||||
353 | Tryg A/S | 8,088 | ||||
88,200 | UBS Group AG | 1,346,620 | ||||
97 | Wendel SE | 12,926 | ||||
23 | Zurich Insurance Group AG | 9,449 | ||||
Total Financials | 21,416,928 | |||||
Health Care – 11.1% | ||||||
8,029 | Alcon Inc | 603,022 |
Shares | Description (1) | Value | ||||
Health Care (continued) | ||||||
543 | Alfresa Holdings Corp | $9,722 | ||||
54,161 | Astellas Pharma Inc | 812,873 | ||||
12,043 | AstraZeneca PLC | 1,286,409 | ||||
82 | BioMerieux | 9,765 | ||||
33,020 | Chugai Pharmaceutical Co Ltd | 1,238,873 | ||||
4,467 | Cochlear Ltd | 767,744 | ||||
65 | Coloplast A/S | 10,769 | ||||
5,173 | CSL Ltd | 1,083,524 | ||||
272 | Demant A/S, (2) | 13,658 | ||||
13,526 | Eisai Co Ltd | 882,182 | ||||
537 | Fisher & Paykel Healthcare Corp Ltd | 13,851 | ||||
29 | Genmab A/S, (2) | 10,656 | ||||
113,855 | GlaxoSmithKline PLC | 2,111,718 | ||||
129 | GN Store Nord AS | 11,660 | ||||
712 | Ipsen SA | 68,946 | ||||
493 | Kyowa Kirin Co Ltd | 14,974 | ||||
449 | Lonza Group AG, (2) | 285,926 | ||||
3,848 | Merck KGaA | 676,999 | ||||
3,701 | NMC Health PLC, (2), (3) | 5 | ||||
3,775 | Novo Nordisk A/S | 276,847 | ||||
279 | Orion Oyj | 12,370 | ||||
86 | Orpea SA | 11,083 | ||||
5,663 | Ramsay Health Care Ltd | 294,484 | ||||
4,616 | Roche Holding AG | 1,506,191 | ||||
8,745 | Ryman Healthcare Ltd | 89,036 | ||||
26 | Sartorius Stedim Biotech | 11,956 | ||||
204 | Shionogi & Co Ltd | 10,726 | ||||
39 | Sonova Holding AG, (2) | 11,550 | ||||
11,953 | Sumitomo Dainippon Pharma Co Ltd | 207,227 | ||||
3,793 | Sysmex Corp | 379,109 | ||||
Total Health Care | 12,723,855 | |||||
Industrials – 18.2% | ||||||
1,909 | ABB Ltd | 62,060 | ||||
189 | Adecco Group AG | 12,815 | ||||
388 | Alfa Laval AB | 13,142 | ||||
2,866 | Alstom SA, (2) | 156,772 | ||||
12,868 | Ashtead Group PLC | 828,640 | ||||
1,620 | Assa Abloy AB | 46,230 | ||||
199 | Atlas Copco AB | 12,073 | ||||
4,491 | Atlas Copco AB | 233,426 | ||||
2,988 | Auckland International Airport Ltd, (2) | 16,272 |
Shares | Description (1) | Value | ||||
Industrials (continued) | ||||||
15,586 | Bouygues SA | $668,693 | ||||
97,738 | Brambles Ltd | 785,176 | ||||
150 | Brenntag SE | 13,485 | ||||
876 | Bureau Veritas SA | 26,226 | ||||
29,267 | CNH Industrial NV | 435,815 | ||||
16,526 | Dai Nippon Printing Co Ltd | 328,237 | ||||
8,018 | Daikin Industries Ltd | 1,608,662 | ||||
2,309 | DCC PLC | 200,895 | ||||
273 | Deutsche Post AG | 16,089 | ||||
13,335 | East Japan Railway Co | 912,424 | ||||
3,011 | Eiffage SA | 330,277 | ||||
569 | Epiroc AB | 12,348 | ||||
630 | Epiroc AB | 12,375 | ||||
3,900 | Ferguson PLC | 493,105 | ||||
16 | Geberit AG | 10,533 | ||||
336 | Hankyu Hanshin Holdings Inc | 10,574 | ||||
241 | Intertek Group PLC | 20,481 | ||||
126 | Keio Corp | 8,184 | ||||
44,150 | Komatsu Ltd | 1,294,550 | ||||
49 | Kuehne + Nagel International AG | 14,667 | ||||
481 | Kyushu Railway Co | 10,790 | ||||
132 | Legrand SA | 12,871 | ||||
200 | Miura Co Ltd | 10,484 | ||||
105,791 | MTR Corp Ltd | 589,782 | ||||
3,629 | MTU Aero Engines AG | 916,967 | ||||
240 | Nabtesco Corp | 10,792 | ||||
336 | Nibe Industrier AB | 12,310 | ||||
167 | Nippon Express Co Ltd | 12,757 | ||||
1,342 | Obayashi Corp | 12,241 | ||||
407 | Odakyu Electric Railway Co Ltd | 11,003 | ||||
175 | Randstad NV | 12,657 | ||||
67,862 | RELX PLC | 1,765,947 | ||||
1,452 | Rentokil Initial PLC | 10,060 | ||||
39,169 | Sandvik AB | 969,526 | ||||
7,383 | Schneider Electric SE | 1,182,236 | ||||
5,060 | Secom Co Ltd | 420,151 | ||||
461 | SG Holdings Co Ltd | 10,476 | ||||
246 | SGS SA | 728,250 | ||||
1,356 | Shimizu Corp | 11,103 | ||||
14,179 | Siemens AG | 2,369,474 | ||||
481 | Skanska AB | 13,061 |
Shares | Description (1) | Value | ||||
Industrials (continued) | ||||||
462 | SKF AB | $11,944 | ||||
27,006 | Smiths Group PLC | 607,793 | ||||
246 | Sohgo Security Services Co Ltd | 10,780 | ||||
74 | Spirax-Sarco Engineering PLC | 12,105 | ||||
28 | Teleperformance | 10,823 | ||||
817 | Tokyu Corp | 10,502 | ||||
173 | TOTO Ltd | 8,974 | ||||
138,689 | Transurban Group | 1,518,037 | ||||
8,770 | Vestas Wind Systems A/S | 366,549 | ||||
22,250 | Volvo AB | 544,294 | ||||
1,189 | Wartsila OYJ Abp | 15,365 | ||||
139 | Wolters Kluwer NV | 12,593 | ||||
Total Industrials | 20,806,923 | |||||
Information Technology – 7.6% | ||||||
3,321 | ASML Holding NV | 2,163,620 | ||||
117 | Atos SE | 7,974 | ||||
246 | Azbil Corp | 9,947 | ||||
2,550 | CyberArk Software Ltd, (2) | 358,275 | ||||
4,681 | Edenred | 265,690 | ||||
3,166 | Fujitsu Ltd | 504,133 | ||||
7,224 | Ibiden Co Ltd | 342,348 | ||||
20,794 | Infineon Technologies AG | 840,193 | ||||
1,249 | Logitech International SA | 140,231 | ||||
2,741 | Nokia Oyj, (2) | 13,009 | ||||
2,005 | Nomura Research Institute Ltd | 61,725 | ||||
1,133 | Omron Corp | 85,930 | ||||
1,052 | Sage Group PLC | 9,293 | ||||
12,432 | SAP SE | 1,747,388 | ||||
226 | TeamViewer AG, 144A, (2) | 10,762 | ||||
37,077 | Telefonaktiebolaget LM Ericsson | 508,377 | ||||
2,022 | Tokyo Electron Ltd | 893,857 | ||||
3,746 | Xero Ltd, (2) | 409,618 | ||||
15,614 | Yokogawa Electric Corp | 283,410 | ||||
Total Information Technology | 8,655,780 | |||||
Materials – 8.3% | ||||||
154 | Akzo Nobel NV | 18,524 | ||||
26,935 | Antofagasta PLC | 695,698 | ||||
1,498 | Arkema SA | 187,542 | ||||
85,670 | Asahi Kasei Corp | 902,511 | ||||
18,626 | Boliden AB | 726,471 | ||||
125 | Chr Hansen Holding A/S, (2) | 11,505 |
Shares | Description (1) | Value | ||||
Materials (continued) | ||||||
4,987 | Covestro AG, 144A | $326,702 | ||||
60,772 | Evolution Mining Ltd | 217,348 | ||||
32,524 | Fortescue Metals Group Ltd | 567,532 | ||||
14,693 | Hitachi Metals Ltd, (2) | 284,975 | ||||
359 | Johnson Matthey PLC | 16,154 | ||||
384 | Kansai Paint Co Ltd | 9,672 | ||||
1,867 | Koninklijke DSM NV | 335,326 | ||||
87,182 | Mitsubishi Chemical Holdings Corp | 648,850 | ||||
9,631 | Nitto Denko Corp | 798,288 | ||||
902 | Sika AG | 269,398 | ||||
16,105 | Smurfit Kappa Group PLC | 825,119 | ||||
497 | Stora Enso Oyj | 9,531 | ||||
101,613 | Sumitomo Chemical Co Ltd | 517,803 | ||||
15,850 | Sumitomo Metal Mining Co Ltd | 672,688 | ||||
88 | Symrise AG | 11,377 | ||||
691 | Teijin Ltd | 11,367 | ||||
94,567 | Toray Industries Inc | 587,621 | ||||
12,979 | Umicore SA | 789,956 | ||||
306 | UPM-Kymmene Oyj | 11,990 | ||||
Total Materials | 9,453,948 | |||||
Real Estate – 3.3% | ||||||
12,239 | British Land Co PLC | 87,845 | ||||
7,477 | CapitaLand Integrated Commercial Trust | 12,083 | ||||
126,404 | CapitaLand Ltd | 353,445 | ||||
2,209 | City Developments Ltd | 13,101 | ||||
153 | Covivio | 13,666 | ||||
192 | Deutsche Wohnen SE | 10,401 | ||||
1,493 | Dexus | 11,729 | ||||
81 | Gecina SA | 11,862 | ||||
829 | Goodman Group | 12,109 | ||||
3,768 | GPT Group | 13,447 | ||||
5,720 | Hulic Co Ltd | 65,099 | ||||
10 | Japan Metropolitan Fund Invest | 9,853 | ||||
13,365 | Klepierre SA | 354,919 | ||||
82 | LEG Immobilien SE | 11,421 | ||||
47,000 | Lendlease Corp Ltd | 461,438 | ||||
6,496 | Mirvac Group | 13,498 | ||||
37,395 | Mitsubishi Estate Co Ltd | 614,269 | ||||
12,300 | Mitsui Fudosan Co Ltd | 266,694 | ||||
2 | Nippon Building Fund Inc | 13,138 | ||||
500 | Nomura Real Estate Holdings Inc | 12,305 |
Shares | Description (1) | Value | ||||
Real Estate (continued) | ||||||
936 | Segro PLC | $13,031 | ||||
3,409 | Stockland | 12,324 | ||||
79,276 | Swire Properties Ltd | 236,802 | ||||
128 | Swiss Prime Site AG | 12,455 | ||||
9,441 | Unibail-Rodamco-Westfield | 779,531 | ||||
2,162 | UOL Group Ltd | 12,513 | ||||
250,163 | Vicinity Centres | 306,283 | ||||
Total Real Estate | 3,735,261 | |||||
Utilities – 2.2% | ||||||
95,277 | National Grid PLC | 1,201,225 | ||||
8,934 | Orsted AS, 144A | 1,304,745 | ||||
678 | Red Electrica Corp SA | 12,467 | ||||
Total Utilities | 2,518,437 | |||||
Total Common Stocks (cost $99,729,072) | 113,458,091 |
Shares | Description (1) | Value | ||||
WARRANTS – 0.0% | ||||||
468 | Cie Financiere Richemont SA | $ 200 | ||||
Total Warrants (cost $-) | 200 | |||||
Total Long-Term Investments (cost $99,729,072) | 113,458,291 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (4) | Value | |
SHORT-TERM INVESTMENTS – 0.2% | ||||||
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 0.2% | ||||||
$ 226 | Federal Agricultural Mortgage Corp Discount Notes | 0.000% | 5/03/21 | N/R | $ 226,000 | |
Total Short-Term Investments (cost $226,000) | 226,000 | |||||
Total Investments (cost $99,955,072) – 99.6% | 113,684,291 | |||||
Other Assets Less Liabilities – 0.4% | 511,132 | |||||
Net Assets – 100% | $ 114,195,423 |
For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease. | ||
(1) | All percentages shown in the Portfolio of Investments are based on net assets. | |
(2) | Non-income producing; issuer has not declared an ex-dividend date within the past twelve months. | |
(3) | Investment valued at fair value using methods determined in good faith by, or at the discretion of, the Board. For fair value measurement disclosure purposes, investment classified as Level 3. See Notes to Financial Statements, Note 3 - Investment Valuation and Fair Value Measurements for more information. | |
(4) | For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies. | |
144A | Investment is exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These investments may only be resold in transactions exempt from registration, which are normally those transactions with qualified institutional buyers. |
Shares | Description (1) | Value | ||||
LONG-TERM INVESTMENTS – 99.7% | ||||||
COMMON STOCKS – 99.7% | ||||||
Communication Services – 10.3% | ||||||
2,253 | Activision Blizzard Inc | $205,451 | ||||
186 | Alphabet Inc, Class C, (2) | 448,282 | ||||
318 | Alphabet Inc., Class A, (2) | 748,413 | ||||
29 | Cable One Inc | 51,910 | ||||
785 | Discovery Inc, (2) | 29,563 | ||||
765 | Discovery Inc, (2) | 24,717 | ||||
4 | Electronic Arts Inc | 568 | ||||
2 | Omnicom Group Inc | 165 | ||||
7,102 | Verizon Communications Inc | 410,425 | ||||
2,622 | Walt Disney Co, (2) | 487,744 | ||||
Total Communication Services | 2,407,238 | |||||
Consumer Discretionary – 10.5% | ||||||
110 | Aramark | 4,276 | ||||
140 | Booking Holdings Inc, (2) | 345,251 | ||||
42 | Chipotle Mexican Grill Inc, (2) | 62,665 | ||||
241 | Domino's Pizza Inc | 101,784 | ||||
2,121 | eBay Inc | 118,331 | ||||
237 | Etsy Inc, (2) | 47,113 | ||||
7 | Hasbro Inc | 696 | ||||
407 | Hilton Worldwide Holdings Inc, (2) | 52,381 | ||||
403 | Home Depot Inc | 130,439 | ||||
36 | Lowe's Cos Inc | 7,065 | ||||
59 | Lululemon Athletica Inc, (2) | 19,781 | ||||
137 | MercadoLibre Inc, (2) | 215,224 | ||||
2,446 | Newell Brands Inc | 65,944 | ||||
1,895 | NIKE Inc., Class B | 251,315 | ||||
2,626 | Starbucks Corp | 300,651 | ||||
701 | Target Corp | 145,289 | ||||
647 | Tesla Inc, (2) | 459,008 | ||||
2 | Tractor Supply Co | 377 | ||||
397 | Wayfair Inc., Class A, (2) | 117,341 | ||||
Total Consumer Discretionary | 2,444,931 | |||||
Consumer Staples – 6.8% | ||||||
20 | Archer-Daniels-Midland Co | 1,263 | ||||
789 | Bunge Ltd | 66,607 |
Shares | Description (1) | Value | ||||
Consumer Staples (continued) | ||||||
2 | Campbell Soup Co | $95 | ||||
8,067 | Coca-Cola Co | 435,457 | ||||
5 | Colgate-Palmolive Co | 403 | ||||
1,140 | General Mills Inc | 69,380 | ||||
12 | Kellogg Co | 749 | ||||
2,149 | Keurig Dr Pepper Inc | 77,042 | ||||
6 | Kimberly-Clark Corp | 800 | ||||
3,781 | Kroger Co | 138,158 | ||||
80 | Lamb Weston Holdings Inc | 6,440 | ||||
2 | McCormick & Co Inc/MD | 181 | ||||
2,548 | PepsiCo Inc | 367,320 | ||||
3,093 | Procter & Gamble Co | 412,668 | ||||
Total Consumer Staples | 1,576,563 | |||||
Energy – 2.1% | ||||||
4,294 | Baker Hughes Co | 86,223 | ||||
1,410 | Cheniere Energy Inc, (2) | 109,303 | ||||
1,920 | ONEOK Inc | 100,493 | ||||
2,535 | Valero Energy Corp | 187,489 | ||||
Total Energy | 483,508 | |||||
Financials – 13.3% | ||||||
213 | Aflac Inc | 11,445 | ||||
602 | American Express Co | 92,317 | ||||
2 | Arch Capital Group Ltd, (2) | 79 | ||||
1,329 | Bank of New York Mellon Corp | 66,291 | ||||
78 | BlackRock Inc | 63,905 | ||||
2 | Carlyle Group Inc | 85 | ||||
2,511 | Charles Schwab Corp | 176,774 | ||||
1,084 | Chubb Ltd | 186,004 | ||||
5,362 | Citigroup Inc | 381,989 | ||||
7 | Citizens Financial Group Inc | 324 | ||||
1,049 | CME Group Inc | 211,888 | ||||
3 | Equitable Holdings Inc | 103 | ||||
3 | Franklin Resources Inc | 90 | ||||
6,205 | Huntington Bancshares Inc/OH | 95,061 | ||||
1,079 | Intercontinental Exchange Inc | 127,009 | ||||
9 | Invesco Ltd | 243 | ||||
3 | Lincoln National Corp | 192 | ||||
1,539 | Loews Corp | 85,799 | ||||
5 | M&T Bank Corp | 788 | ||||
33 | MarketAxess Holdings Inc | 16,119 | ||||
2,300 | Marsh & McLennan Cos Inc | 312,110 |
Shares | Description (1) | Value | ||||
Financials (continued) | ||||||
4,508 | Morgan Stanley | $372,135 | ||||
1,795 | PNC Financial Services Group Inc | 335,575 | ||||
1,758 | Progressive Corp | 177,101 | ||||
600 | Regions Financial Corp | 13,080 | ||||
6 | Reinsurance Group of America Inc., Class A | 783 | ||||
868 | S&P Global Inc | 338,859 | ||||
5 | State Street Corp | 420 | ||||
264 | Travelers Cos Inc | 40,830 | ||||
16 | Truist Financial Corp | 949 | ||||
2 | Willis Towers Watson PLC | 518 | ||||
Total Financials | 3,108,865 | |||||
Health Care – 11.2% | ||||||
1,354 | AbbVie Inc | 150,971 | ||||
46 | ABIOMED Inc, (2) | 14,754 | ||||
855 | Agilent Technologies Inc | 114,262 | ||||
446 | Align Technology Inc, (2) | 265,606 | ||||
436 | Amgen Inc | 104,483 | ||||
270 | Anthem Inc | 102,435 | ||||
624 | Becton Dickinson and Co | 155,257 | ||||
864 | BioMarin Pharmaceutical Inc, (2) | 67,323 | ||||
1,915 | Bristol-Myers Squibb Co | 119,534 | ||||
39 | Cardinal Health Inc | 2,353 | ||||
2 | Cerner Corp | 150 | ||||
354 | Cigna Corp | 88,150 | ||||
510 | Dexcom Inc, (2) | 196,911 | ||||
303 | Edwards Lifesciences Corp, (2) | 28,943 | ||||
1,192 | Elanco Animal Health Inc, (2) | 37,798 | ||||
1,889 | Eli Lilly & Co | 345,253 | ||||
1,298 | Gilead Sciences Inc | 82,384 | ||||
325 | HCA Inc | 65,345 | ||||
2 | Hologic Inc, (2) | 131 | ||||
172 | Humana Inc | 76,581 | ||||
48 | IDEXX Laboratories Inc, (2) | 26,352 | ||||
23 | Illumina Inc, (2) | 9,035 | ||||
3 | Insulet Corp, (2) | 886 | ||||
172 | Merck & Co Inc | 12,814 | ||||
6 | Quest Diagnostics Inc | 791 | ||||
698 | Teladoc Health Inc, (2) | 120,300 | ||||
660 | Thermo Fisher Scientific Inc | 310,352 | ||||
529 | Vertex Pharmaceuticals Inc, (2) | 115,428 |
Shares | Description (1) | Value | ||||
Health Care (continued) | ||||||
13 | Zoetis Inc | $ 2,249 | ||||
Total Health Care | 2,616,831 | |||||
Industrials – 8.1% | ||||||
1,400 | 3M Co | 275,996 | ||||
6 | Allegion plc | 806 | ||||
2 | AMERCO | 1,193 | ||||
3,921 | Carrier Global Corp | 170,877 | ||||
784 | Caterpillar Inc | 178,838 | ||||
715 | CH Robinson Worldwide Inc | 69,412 | ||||
3,122 | CSX Corp | 314,542 | ||||
26 | Deere & Co | 9,642 | ||||
8 | Emerson Electric Co | 724 | ||||
2 | Expeditors International of Washington Inc | 220 | ||||
2 | Fastenal Co | 105 | ||||
853 | Fortive Corp | 60,409 | ||||
843 | Fortune Brands Home & Security Inc | 88,498 | ||||
312 | IHS Markit Ltd | 33,565 | ||||
4 | Illinois Tool Works Inc | 922 | ||||
127 | Johnson Controls International plc | 7,917 | ||||
334 | Nordson Corp | 70,611 | ||||
78 | Old Dominion Freight Line Inc | 20,109 | ||||
13 | Otis Worldwide Corp | 1,012 | ||||
801 | Parker-Hannifin Corp | 251,362 | ||||
710 | Rockwell Automation Inc | 187,625 | ||||
2 | Roper Technologies Inc | 893 | ||||
229 | Teledyne Technologies Inc, (2) | 102,535 | ||||
209 | United Parcel Service Inc., Class B | 42,607 | ||||
40 | Verisk Analytics Inc | 7,528 | ||||
7 | Waste Connections Inc | 834 | ||||
Total Industrials | 1,898,782 | |||||
Information Technology – 28.8% | ||||||
1,204 | Accenture PLC, Class A | 349,124 | ||||
640 | Adobe Inc, (2) | 325,338 | ||||
1,651 | Applied Materials Inc | 219,104 | ||||
272 | Autodesk Inc, (2) | 79,399 | ||||
902 | Automatic Data Processing Inc | 168,665 | ||||
3,319 | Cisco Systems Inc | 168,970 | ||||
1,055 | Cognex Corp | 90,857 | ||||
4,639 | Corning Inc | 205,090 | ||||
7,996 | Hewlett Packard Enterprise Co | 128,096 | ||||
8,563 | HP Inc | 292,084 |
Shares | Description (1) | Value | ||||
Information Technology (continued) | ||||||
7,011 | Intel Corp | $403,343 | ||||
1,682 | International Business Machines Corp | 238,642 | ||||
1,143 | Keysight Technologies Inc, (2) | 164,992 | ||||
25 | Lam Research Corp | 15,511 | ||||
630 | Mastercard Inc, Class A | 240,698 | ||||
4,518 | Microsoft Corp | 1,139,349 | ||||
2 | NortonLifeLock Inc | 43 | ||||
831 | NVIDIA Corp | 498,916 | ||||
744 | Okta Inc, (2) | 200,657 | ||||
16 | ON Semiconductor Corp, (2) | 624 | ||||
1,226 | PayPal Holdings Inc, (2) | 321,568 | ||||
1,503 | salesforcecom Inc, (2) | 346,171 | ||||
237 | ServiceNow Inc, (2) | 120,010 | ||||
1,088 | Slack Technologies Inc., Class A, (2) | 46,131 | ||||
2,017 | TE Connectivity Ltd | 271,226 | ||||
2,112 | Texas Instruments Inc | 381,237 | ||||
1,535 | Trimble Inc, (2) | 125,870 | ||||
171 | VMware Inc., Class A, (2), (3) | 27,502 | ||||
3 | Western Union Co | 77 | ||||
327 | Zebra Technologies Corp., Class A, (2) | 159,491 | ||||
Total Information Technology | 6,728,785 | |||||
Materials – 2.7% | ||||||
2,008 | Amcor PLC | 23,594 | ||||
1 | Axalta Coating Systems Ltd, (2) | 32 | ||||
202 | Ball Corp | 18,915 | ||||
18 | DuPont de Nemours Inc | 1,388 | ||||
966 | Ecolab Inc | 216,500 | ||||
5 | International Flavors & Fragrances Inc | 711 | ||||
574 | LyondellBasell Industries NV Class A | 59,547 | ||||
2,238 | Mosaic Co | 78,733 | ||||
499 | Newmont Corp | 31,142 | ||||
1,005 | PPG Industries Inc | 172,096 | ||||
364 | Steel Dynamics Inc | 19,736 | ||||
Total Materials | 622,394 | |||||
Real Estate – 3.9% | ||||||
1,297 | American Tower Corp | 330,437 | ||||
7 | Boston Properties Inc | 765 | ||||
387 | Equinix Inc | 278,934 | ||||
4,294 | Host Hotels & Resorts Inc, (2) | 77,979 | ||||
2 | Iron Mountain Inc | 80 | ||||
1,316 | Prologis Inc | 153,354 |
Shares | Description (1) | Value | ||||
Real Estate (continued) | ||||||
272 | Ventas Inc | $15,085 | ||||
682 | Welltower Inc | 51,171 | ||||
Total Real Estate | 907,805 | |||||
Utilities – 2.0% | ||||||
2,047 | Consolidated Edison Inc | 158,458 | ||||
1,515 | Eversource Energy | 130,624 | ||||
1,360 | Sempra Energy | 187,095 | ||||
3 | UGI Corp | 131 | ||||
Total Utilities | 476,308 | |||||
Total Long-Term Investments (cost $17,488,033) | 23,272,010 |
Shares | Description (1) | Coupon | Value | |||
INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING – 0.1% | ||||||
MONEY MARKET FUNDS – 0.1% | ||||||
21,248 | State Street Navigator Securities Lending Government Money Market Portfolio, (4) | 0.020% (5) | $ 21,248 | |||
Total Investments Purchased with Collateral from Securities Lending (cost $21,248) | 21,248 | |||||
Total Investments (cost $17,509,281) – 99.8% | 23,293,258 | |||||
Other Assets Less Liabilities – 0.2% | 42,178 | |||||
Net Assets – 100% | $ 23,335,436 |
For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease. | ||
(1) | All percentages shown in the Portfolio of Investments are based on net assets. | |
(2) | Non-income producing; issuer has not declared an ex-dividend date within the past twelve months. | |
(3) | Investment, or a portion of investment, is out on loan for securities lending. The total value of the securities out on loan as of the end of the reporting period was $20,586. | |
(4) | The Fund may loan securities representing up to one third of the fair value of its total assets (which includes collateral for securities on loan) to broker dealers, banks, and other institutions. The Fund maintains collateral equal to at least 100% of the fair value of the securities loaned. The cash collateral received by the Fund is invested in this money market fund. See Notes to Financial Statements, Note 4 – Portfolio Securities and Investments in Derivatives for more information. | |
(5) | The rate shown is the one-day yield as of the end of the reporting period. |
Shares | Description (1) | Value | ||||
LONG-TERM INVESTMENTS – 99.8% | ||||||
COMMON STOCKS – 99.8% | ||||||
Communication Services – 13.1% | ||||||
107,352 | Activision Blizzard Inc | $9,789,429 | ||||
12,332 | Alphabet Inc, Class C, (2) | 29,721,600 | ||||
14,742 | Alphabet Inc., Class A, (2) | 34,695,297 | ||||
1,740 | Cable One Inc | 3,114,600 | ||||
62,786 | Electronic Arts Inc | 8,920,635 | ||||
Total Communication Services | 86,241,561 | |||||
Consumer Discretionary – 15.4% | ||||||
12,871 | Aptiv PLC, (2) | 1,852,008 | ||||
2,973 | Booking Holdings Inc, (2) | 7,331,656 | ||||
250 | Burlington Stores Inc, (2) | 81,583 | ||||
2,775 | Chipotle Mexican Grill Inc, (2) | 4,140,383 | ||||
13,890 | Domino's Pizza Inc | 5,866,303 | ||||
831 | DR Horton Inc | 81,679 | ||||
29,258 | Etsy Inc, (2) | 5,816,198 | ||||
23,630 | Lowe's Cos Inc | 4,637,388 | ||||
17,258 | Lululemon Athletica Inc, (2) | 5,786,090 | ||||
5,835 | MercadoLibre Inc, (2) | 9,166,668 | ||||
96,708 | NIKE Inc., Class B | 12,825,415 | ||||
199 | Pool Corp | 84,081 | ||||
565 | Ross Stores Inc | 73,981 | ||||
80,349 | Starbucks Corp | 9,199,157 | ||||
36,075 | Tesla Inc, (2) | 25,593,048 | ||||
6,303 | TJX Cos Inc | 447,513 | ||||
13,449 | Wayfair Inc., Class A, (2) | 3,975,121 | ||||
37,220 | Yum! Brands Inc | 4,448,534 | ||||
Total Consumer Discretionary | 101,406,806 | |||||
Consumer Staples – 4.3% | ||||||
51,791 | Church & Dwight Co Inc | 4,440,560 | ||||
1,115 | Clorox Co | 203,487 | ||||
26,074 | Costco Wholesale Corp | 9,701,875 | ||||
35,680 | Estee Lauder Cos Inc., Class A | 11,196,384 | ||||
857 | Lamb Weston Holdings Inc | 68,989 | ||||
28,159 | McCormick & Co Inc/MD | 2,544,447 | ||||
Total Consumer Staples | 28,155,742 |
Shares | Description (1) | Value | ||||
Financials – 4.7% | ||||||
10,905 | FactSet Research Systems Inc | $3,666,479 | ||||
58,022 | Marsh & McLennan Cos Inc | 7,873,585 | ||||
28,877 | Moody's Corp | 9,434,405 | ||||
26,209 | S&P Global Inc | 10,231,732 | ||||
1,175 | Voya Financial Inc | 79,688 | ||||
Total Financials | 31,285,889 | |||||
Health Care – 10.9% | ||||||
4,128 | ABIOMED Inc, (2) | 1,323,973 | ||||
74,904 | Agilent Technologies Inc | 10,010,171 | ||||
528 | Catalent Inc, (2) | 59,384 | ||||
65,045 | Cerner Corp | 4,881,627 | ||||
16,029 | Dexcom Inc, (2) | 6,188,797 | ||||
33,748 | Edwards Lifesciences Corp, (2) | 3,223,609 | ||||
48,777 | Eli Lilly & Co | 8,914,972 | ||||
9,102 | Hologic Inc, (2) | 596,636 | ||||
22,180 | Horizon Therapeutics Plc, (2) | 2,098,672 | ||||
130 | IDEXX Laboratories Inc, (2) | 71,369 | ||||
8,029 | Illumina Inc, (2) | 3,154,112 | ||||
5,107 | Insulet Corp, (2) | 1,507,689 | ||||
641 | Mettler-Toledo International Inc, (2) | 841,838 | ||||
37,929 | ResMed Inc | 7,129,514 | ||||
364 | STERIS PLC | 76,811 | ||||
25,462 | Teladoc Health Inc, (2) | 4,388,376 | ||||
40,190 | Vertex Pharmaceuticals Inc, (2) | 8,769,458 | ||||
231 | Waters Corp, (2) | 69,270 | ||||
223 | West Pharmaceutical Services Inc | 73,260 | ||||
51,116 | Zoetis Inc | 8,844,602 | ||||
Total Health Care | 72,224,140 | |||||
Industrials – 8.3% | ||||||
599 | Allegion plc | 80,494 | ||||
192 | Cintas Corp | 66,267 | ||||
561 | Copart Inc, (2) | 69,850 | ||||
14,489 | CSX Corp | 1,459,767 | ||||
20,805 | Expeditors International of Washington Inc | 2,285,637 | ||||
92,783 | Fastenal Co | 4,850,695 | ||||
10,170 | Generac Holdings Inc, (2) | 3,294,571 | ||||
510 | HEICO Corp | 71,808 | ||||
582 | HEICO Corp., Class A | 73,495 | ||||
14,443 | IDEX Corp | 3,238,120 | ||||
64,894 | IHS Markit Ltd | 6,981,296 | ||||
2,750 | Lennox International Inc | 922,185 |
Shares | Description (1) | Value | ||||
Industrials (continued) | ||||||
25,959 | Masco Corp | $1,658,261 | ||||
12,532 | Nordson Corp | 2,649,390 | ||||
306 | Old Dominion Freight Line Inc | 78,890 | ||||
58,553 | Plug Power Inc, (2) | 1,669,346 | ||||
20,987 | Rockwell Automation Inc | 5,546,025 | ||||
12,929 | Roper Technologies Inc | 5,772,023 | ||||
41,524 | Sunrun Inc, (2) | 2,034,676 | ||||
11,462 | Teledyne Technologies Inc, (2) | 5,132,110 | ||||
740 | TransUnion | 77,397 | ||||
35,394 | Verisk Analytics Inc | 6,661,151 | ||||
661 | Xylem Inc/NY | 73,140 | ||||
Total Industrials | 54,746,594 | |||||
Information Technology – 40.1% | ||||||
36,763 | Accenture PLC, Class A | 10,660,167 | ||||
29,878 | Adobe Inc, (2) | 15,188,183 | ||||
102,112 | Applied Materials Inc | 13,551,284 | ||||
34,285 | Autodesk Inc, (2) | 10,008,134 | ||||
65,487 | Cadence Design Systems Inc, (2) | 8,629,222 | ||||
26,910 | Citrix Systems Inc | 3,332,803 | ||||
63,295 | Cognex Corp | 5,450,965 | ||||
130 | HubSpot Inc, (2) | 68,438 | ||||
26,113 | Intuit Inc | 10,762,734 | ||||
33,472 | Keysight Technologies Inc, (2) | 4,831,683 | ||||
17,688 | Lam Research Corp | 10,974,520 | ||||
48,837 | Mastercard Inc, Class A | 18,658,664 | ||||
234,165 | Microsoft Corp | 59,051,730 | ||||
35,679 | NVIDIA Corp | 21,420,958 | ||||
32,959 | Okta Inc, (2) | 8,889,042 | ||||
67,058 | PayPal Holdings Inc, (2) | 17,588,643 | ||||
59,151 | salesforcecom Inc, (2) | 13,623,658 | ||||
20,462 | ServiceNow Inc, (2) | 10,361,343 | ||||
104,390 | Slack Technologies Inc., Class A, (2) | 4,426,136 | ||||
2,711 | Splunk Inc, (2) | 342,725 | ||||
45,182 | Trimble Inc, (2) | 3,704,924 | ||||
26,912 | VMware Inc., Class A, (2), (3) | 4,328,257 | ||||
237 | Workday Inc, Class A, (2) | 58,539 | ||||
18,751 | Zebra Technologies Corp., Class A, (2) | 9,145,613 | ||||
Total Information Technology | 265,058,365 | |||||
Materials – 1.5% | ||||||
2,421 | Axalta Coating Systems Ltd, (2) | 77,206 | ||||
736 | Ball Corp | 68,919 |
Shares | Description (1) | Value | ||||
Materials (continued) | ||||||
7,124 | Ecolab Inc | $1,596,631 | ||||
53,737 | Newmont Corp | 3,353,726 | ||||
16,573 | Sherwin-Williams Co | 4,538,847 | ||||
Total Materials | 9,635,329 | |||||
Real Estate – 1.5% | ||||||
23,553 | American Tower Corp | 6,000,598 | ||||
5,829 | Equinix Inc | 4,201,310 | ||||
Total Real Estate | 10,201,908 | |||||
Total Long-Term Investments (cost $525,431,770) | 658,956,334 |
Shares | Description (1) | Coupon | Value | |||
INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING – 0.5% | ||||||
MONEY MARKET FUNDS – 0.5% | ||||||
3,319,348 | State Street Navigator Securities Lending Government Money Market Portfolio, (4) | 0.020% (5) | $ 3,319,348 | |||
Total Investments Purchased with Collateral from Securities Lending (cost $3,319,348) | 3,319,348 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (6) | Value | |
SHORT-TERM INVESTMENTS – 0.2% | ||||||
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 0.2% | ||||||
$ 1,084 | Federal Agricultural Mortgage Corp Discount Notes | 0.000% | 5/03/21 | N/R | $ 1,084,000 | |
Total Short-Term Investments (cost $1,084,000) | 1,084,000 | |||||
Total Investments (cost $529,835,118) – 100.5% | 663,359,682 | |||||
Other Assets Less Liabilities – (0.5)% | (3,307,212) | |||||
Net Assets – 100% | $ 660,052,470 |
For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease. | ||
(1) | All percentages shown in the Portfolio of Investments are based on net assets. | |
(2) | Non-income producing; issuer has not declared an ex-dividend date within the past twelve months. | |
(3) | Investment, or a portion of investment, is out on loan for securities lending. The total value of the securities out on loan as of the end of the reporting period was $3,215,957. | |
(4) | The Fund may loan securities representing up to one third of the fair value of its total assets (which includes collateral for securities on loan) to broker dealers, banks, and other institutions. The Fund maintains collateral equal to at least 100% of the fair value of the securities loaned. The cash collateral received by the Fund is invested in this money market fund. See Notes to Financial Statements, Note 4 – Portfolio Securities and Investments in Derivatives for more information. | |
(5) | The rate shown is the one-day yield as of the end of the reporting period. | |
(6) | For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies. |
Shares | Description (1) | Value | ||||
LONG-TERM INVESTMENTS – 99.7% | ||||||
COMMON STOCKS – 99.7% | ||||||
Communication Services – 6.2% | ||||||
437,568 | AT&T Inc | $13,744,011 | ||||
85,751 | Discovery Inc, (2) | 2,770,615 | ||||
564 | Electronic Arts Inc | 80,133 | ||||
7,166 | Lumen Technologies Inc | 91,940 | ||||
1,299 | Omnicom Group Inc | 106,856 | ||||
9,308 | Roku Inc, (2) | 3,192,365 | ||||
357,621 | Verizon Communications Inc | 20,666,917 | ||||
86,020 | Walt Disney Co, (2) | 16,001,440 | ||||
Total Communication Services | 56,654,277 | |||||
Consumer Discretionary – 4.8% | ||||||
6,271 | Aptiv PLC, (2) | 902,334 | ||||
675 | Best Buy Co Inc | 78,482 | ||||
2,066 | BorgWarner Inc | 100,366 | ||||
1,496 | eBay Inc | 83,462 | ||||
838 | Genuine Parts Co | 104,725 | ||||
948 | Hasbro Inc | 94,279 | ||||
68,980 | Home Depot Inc | 22,326,757 | ||||
2,257 | LKQ Corp, (2) | 105,424 | ||||
190,628 | Newell Brands Inc | 5,139,331 | ||||
24,315 | Target Corp | 5,039,527 | ||||
6,717 | Vail Resorts Inc, (2) | 2,184,100 | ||||
89,747 | VF Corp | 7,867,222 | ||||
Total Consumer Discretionary | 44,026,009 | |||||
Consumer Staples – 10.4% | ||||||
1,495 | Archer-Daniels-Midland Co | 94,379 | ||||
65,991 | Bunge Ltd | 5,570,960 | ||||
1,830 | Campbell Soup Co | 87,383 | ||||
459 | Clorox Co | 83,768 | ||||
401,260 | Coca-Cola Co | 21,660,015 | ||||
6,377 | Colgate-Palmolive Co | 514,624 | ||||
2,468 | Conagra Brands Inc | 91,538 | ||||
114,960 | General Mills Inc | 6,996,466 | ||||
1,801 | Hormel Foods Corp | 83,206 | ||||
713 | J M Smucker Co | 93,396 | ||||
51,706 | Keurig Dr Pepper Inc | 1,853,660 |
Shares | Description (1) | Value | ||||
Consumer Staples (continued) | ||||||
626 | Kimberly-Clark Corp | $83,458 | ||||
345,148 | Kroger Co | 12,611,708 | ||||
968 | McCormick & Co Inc/MD | 87,468 | ||||
143,151 | PepsiCo Inc | 20,636,648 | ||||
188,923 | Procter & Gamble Co | 25,206,107 | ||||
Total Consumer Staples | 95,754,784 | |||||
Energy – 3.3% | ||||||
325,122 | Baker Hughes Co | 6,528,450 | ||||
210,292 | ONEOK Inc | 11,006,683 | ||||
175,427 | Valero Energy Corp | 12,974,581 | ||||
Total Energy | 30,509,714 | |||||
Financials – 20.3% | ||||||
1,831 | Aflac Inc | 98,380 | ||||
870 | Allstate Corp | 110,316 | ||||
1,966 | Ally Financial Inc | 101,151 | ||||
52,269 | American Express Co | 8,015,451 | ||||
392 | Ameriprise Financial Inc | 101,293 | ||||
2,402 | Arch Capital Group Ltd, (2) | 95,383 | ||||
644 | Assurant Inc | 100,206 | ||||
185,193 | Bank of New York Mellon Corp | 9,237,427 | ||||
19,741 | BlackRock Inc | 16,173,801 | ||||
2,589 | Carlyle Group Inc | 110,447 | ||||
58,192 | Charles Schwab Corp | 4,096,717 | ||||
80,973 | Chubb Ltd | 13,894,157 | ||||
927 | Cincinnati Financial Corp | 104,454 | ||||
261,477 | Citigroup Inc | 18,627,621 | ||||
1,993 | Citizens Financial Group Inc | 92,236 | ||||
71,621 | CME Group Inc | 14,466,726 | ||||
886 | Discover Financial Services | 101,004 | ||||
167,275 | Equitable Holdings Inc | 5,725,823 | ||||
2,975 | Franklin Resources Inc | 89,250 | ||||
1,694 | Hartford Financial Services Group Inc | 111,736 | ||||
481,190 | Huntington Bancshares Inc/OH | 7,371,831 | ||||
3,635 | Invesco Ltd | 98,145 | ||||
4,255 | KeyCorp | 92,589 | ||||
116,942 | Loews Corp | 6,519,516 | ||||
558 | M&T Bank Corp | 87,991 | ||||
103,018 | Marsh & McLennan Cos Inc | 13,979,543 | ||||
1,502 | MetLife Inc | 95,572 | ||||
201,606 | Morgan Stanley | 16,642,575 | ||||
570 | Nasdaq Inc | 92,078 |
Shares | Description (1) | Value | ||||
Financials (continued) | ||||||
860 | Northern Trust Corp | $97,868 | ||||
81,557 | PNC Financial Services Group Inc | 15,247,081 | ||||
1,545 | Principal Financial Group Inc | 98,679 | ||||
80,061 | Progressive Corp | 8,065,345 | ||||
144,907 | Prudential Financial Inc | 14,542,867 | ||||
272,621 | Regions Financial Corp | 5,943,138 | ||||
924 | Reinsurance Group of America Inc., Class A | 120,610 | ||||
1,106 | State Street Corp | 92,849 | ||||
191 | SVB Financial Group, (2) | 109,220 | ||||
2,189 | Synchrony Financial | 95,747 | ||||
509 | T Rowe Price Group Inc | 91,213 | ||||
34,168 | Travelers Cos Inc | 5,284,423 | ||||
2,458 | Truist Financial Corp | 145,784 | ||||
1,256 | W R Berkley Corp | 100,128 | ||||
418 | Willis Towers Watson PLC | 108,203 | ||||
Total Financials | 186,576,574 | |||||
Health Care – 15.2% | ||||||
158,747 | AbbVie Inc | 17,700,291 | ||||
530 | Alexion Pharmaceuticals Inc, (2) | 89,400 | ||||
537 | Alnylam Pharmaceuticals Inc, (2) | 75,524 | ||||
12,148 | Amgen Inc | 2,911,147 | ||||
19,455 | Anthem Inc | 7,381,033 | ||||
100,841 | Baxter International Inc | 8,641,065 | ||||
38,246 | Becton Dickinson and Co | 9,515,987 | ||||
321 | Biogen Inc, (2) | 85,813 | ||||
207,680 | Bristol-Myers Squibb Co | 12,963,386 | ||||
74,509 | Cardinal Health Inc | 4,495,873 | ||||
669 | Catalent Inc, (2) | 75,242 | ||||
68,214 | Cigna Corp | 16,985,968 | ||||
7,243 | Danaher Corp | 1,839,287 | ||||
827 | DaVita Inc, (2) | 96,370 | ||||
89,074 | DENTSPLY SIRONA Inc | 6,013,386 | ||||
55,690 | Elanco Animal Health Inc, (2) | 1,765,930 | ||||
539 | Exact Sciences Corp, (2) | 71,051 | ||||
49,973 | Gilead Sciences Inc | 3,171,786 | ||||
60,315 | HCA Inc | 12,126,934 | ||||
1,164 | Henry Schein Inc, (2) | 84,390 | ||||
293 | Humana Inc | 130,455 | ||||
51,215 | IQVIA Holdings Inc, (2) | 12,019,648 | ||||
503 | Jazz Pharmaceuticals PLC, (2) | 82,693 | ||||
7,699 | Laboratory Corp of America Holdings, (2) | 2,046,933 |
Shares | Description (1) | Value | ||||
Health Care (continued) | ||||||
241,618 | Merck & Co Inc | $18,000,541 | ||||
571 | PerkinElmer Inc | 74,019 | ||||
667 | Quest Diagnostics Inc | 87,964 | ||||
1,781 | Royalty Pharma PLC Class A | 78,364 | ||||
462 | STERIS PLC | 97,491 | ||||
42,012 | Viatris Inc, (2) | 558,760 | ||||
318 | Waters Corp, (2) | 95,359 | ||||
Total Health Care | 139,362,090 | |||||
Industrials – 12.8% | ||||||
86,370 | 3M Co | 17,026,982 | ||||
1,427 | A O Smith Corp | 96,679 | ||||
787 | Allegion plc | 105,757 | ||||
4,632 | AMERCO | 2,763,590 | ||||
1,023 | Booz Allen Hamilton Holding Corp | 84,858 | ||||
206,538 | Carrier Global Corp | 9,000,926 | ||||
77,360 | Caterpillar Inc | 17,646,590 | ||||
64,225 | CH Robinson Worldwide Inc | 6,234,963 | ||||
362 | Cummins Inc | 91,238 | ||||
4,843 | Deere & Co | 1,796,027 | ||||
6,767 | Eaton Corp PLC | 967,207 | ||||
1,530 | Emerson Electric Co | 138,450 | ||||
30,183 | Expeditors International of Washington Inc | 3,315,904 | ||||
52,141 | Fortive Corp | 3,692,626 | ||||
966 | Fortune Brands Home & Security Inc | 101,411 | ||||
432 | IDEX Corp | 96,854 | ||||
26,757 | Illinois Tool Works Inc | 6,166,418 | ||||
131,542 | Johnson Controls International plc | 8,200,328 | ||||
44,276 | Kansas City Southern | 12,937,890 | ||||
1,556 | Masco Corp | 99,397 | ||||
455 | Nordson Corp | 96,192 | ||||
1,969 | Otis Worldwide Corp | 153,326 | ||||
1,326 | Owens Corning | 128,370 | ||||
877 | PACCAR Inc | 78,825 | ||||
43,920 | Parker-Hannifin Corp | 13,782,535 | ||||
1,529 | Pentair PLC | 98,636 | ||||
1,104 | Robert Half International Inc | 96,721 | ||||
353 | Rockwell Automation Inc | 93,284 | ||||
21,392 | Roper Technologies Inc | 9,550,245 | ||||
549 | Trane Technologies PLC | 95,433 | ||||
10,760 | Verisk Analytics Inc | 2,025,032 | ||||
202 | WW Grainger Inc | 87,575 |
Shares | Description (1) | Value | ||||
Industrials (continued) | ||||||
879 | Xylem Inc/NY | $ 97,261 | ||||
Total Industrials | 116,947,530 | |||||
Information Technology – 14.2% | ||||||
60,156 | Accenture PLC, Class A | 17,443,435 | ||||
73,141 | Automatic Data Processing Inc | 13,676,636 | ||||
268,688 | Cisco Systems Inc | 13,678,906 | ||||
599 | Citrix Systems Inc | 74,186 | ||||
283,301 | Corning Inc | 12,524,737 | ||||
606,795 | Hewlett Packard Enterprise Co | 9,720,856 | ||||
11,162 | HP Inc | 380,736 | ||||
361,254 | Intel Corp | 20,782,943 | ||||
126,072 | International Business Machines Corp | 17,887,095 | ||||
547 | Keysight Technologies Inc, (2) | 78,959 | ||||
465 | Motorola Solutions Inc | 87,560 | ||||
3,917 | NortonLifeLock Inc | 84,646 | ||||
128,258 | ON Semiconductor Corp, (2) | 5,002,062 | ||||
493 | Splunk Inc, (2) | 62,325 | ||||
2,511 | TE Connectivity Ltd | 337,654 | ||||
101,288 | Texas Instruments Inc | 18,283,497 | ||||
1,752 | Trimble Inc, (2) | 143,664 | ||||
3,506 | Western Union Co | 90,315 | ||||
Total Information Technology | 130,340,212 | |||||
Materials – 3.8% | ||||||
126,559 | Amcor PLC | 1,487,068 | ||||
48,713 | DuPont de Nemours Inc | 3,756,259 | ||||
42,538 | Ecolab Inc | 9,533,617 | ||||
600 | International Flavors & Fragrances Inc | 85,302 | ||||
1,694 | International Paper Co | 98,252 | ||||
48,029 | LyondellBasell Industries NV Class A | 4,982,529 | ||||
23,207 | Newmont Corp | 1,448,349 | ||||
68,289 | PPG Industries Inc | 11,693,808 | ||||
37,062 | Steel Dynamics Inc | 2,009,502 | ||||
Total Materials | 35,094,686 | |||||
Real Estate – 4.4% | ||||||
814 | Camden Property Trust | 98,071 | ||||
11,219 | CBRE Group Inc, (2) | 955,859 | ||||
119,229 | Equity Residential | 8,850,368 | ||||
2,792 | Healthpeak Properties Inc | 95,877 | ||||
333,530 | Host Hotels & Resorts Inc, (2) | 6,056,905 | ||||
2,541 | Iron Mountain Inc | 101,945 | ||||
131,357 | Prologis Inc | 15,307,031 |
Shares | Description (1) | Value | ||||
Real Estate (continued) | ||||||
1,591 | Regency Centers Corp | $101,283 | ||||
1,757 | Ventas Inc | 97,443 | ||||
115,658 | Welltower Inc | 8,677,820 | ||||
Total Real Estate | 40,342,602 | |||||
Utilities – 4.3% | ||||||
141,214 | Consolidated Edison Inc | 10,931,376 | ||||
129,742 | Eversource Energy | 11,186,355 | ||||
97,460 | Sempra Energy | 13,407,572 | ||||
98,682 | UGI Corp | 4,313,390 | ||||
Total Utilities | 39,838,693 | |||||
Total Long-Term Investments (cost $767,165,728) | 915,447,171 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (3) | Value | |
SHORT-TERM INVESTMENTS – 0.1% | ||||||
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 0.1% | ||||||
$ 914 | Federal Home Loan Bank Discount Notes | 0.000% | 5/04/21 | Aaa | $ 914,000 | |
Total Short-Term Investments (cost $914,000) | 914,000 | |||||
Total Investments (cost $768,079,728) – 99.8% | 916,361,171 | |||||
Other Assets Less Liabilities – 0.2% | 1,569,448 | |||||
Net Assets – 100% | $ 917,930,619 |
For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease. | ||
(1) | All percentages shown in the Portfolio of Investments are based on net assets. | |
(2) | Non-income producing; issuer has not declared an ex-dividend date within the past twelve months. | |
(3) | For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies. |
Shares | Description (1) | Value | ||||
LONG-TERM INVESTMENTS – 99.9% | ||||||
COMMON STOCKS – 99.9% | ||||||
Communication Services – 7.3% | ||||||
2,022 | Cable One Inc | $3,619,380 | ||||
67,530 | Live Nation Entertainment Inc, (2) | 5,529,357 | ||||
112,935 | Pinterest Inc., Class A, (2) | 7,495,496 | ||||
32,737 | Take-Two Interactive Software Inc, (2) | 5,741,415 | ||||
Total Communication Services | 22,385,648 | |||||
Consumer Discretionary – 12.0% | ||||||
23,044 | Burlington Stores Inc, (2) | 7,519,948 | ||||
47,644 | Darden Restaurants Inc | 6,990,328 | ||||
656 | Domino's Pizza Inc | 277,055 | ||||
34,080 | Etsy Inc, (2) | 6,774,763 | ||||
10,690 | Pool Corp | 4,516,739 | ||||
34,651 | Tractor Supply Co | 6,535,179 | ||||
12,097 | Vail Resorts Inc, (2) | 3,933,460 | ||||
Total Consumer Discretionary | 36,547,472 | |||||
Consumer Staples – 1.7% | ||||||
64,507 | Lamb Weston Holdings Inc | 5,192,814 | ||||
Financials – 3.2% | ||||||
4,872 | FactSet Research Systems Inc | 1,638,064 | ||||
8,501 | MarketAxess Holdings Inc | 4,152,398 | ||||
60,328 | Voya Financial Inc | 4,091,445 | ||||
Total Financials | 9,881,907 | |||||
Health Care – 18.7% | ||||||
7,971 | ABIOMED Inc, (2) | 2,556,539 | ||||
16,495 | Align Technology Inc, (2) | 9,823,267 | ||||
56,319 | BioMarin Pharmaceutical Inc, (2) | 4,388,376 | ||||
45,979 | Catalent Inc, (2) | 5,171,258 | ||||
74,284 | Hologic Inc, (2) | 4,869,316 | ||||
51,941 | Horizon Therapeutics Plc, (2) | 4,914,657 | ||||
21,660 | Insulet Corp, (2) | 6,394,465 | ||||
5,968 | Mettler-Toledo International Inc, (2) | 7,837,894 | ||||
14,648 | STERIS PLC | 3,091,021 | ||||
5,396 | Waters Corp, (2) | 1,618,099 | ||||
19,201 | West Pharmaceutical Services Inc | 6,307,913 | ||||
Total Health Care | 56,972,805 |
Shares | Description (1) | Value | ||||
Industrials – 14.1% | ||||||
57,436 | Copart Inc, (2) | $7,151,356 | ||||
56,708 | Fastenal Co | 2,964,694 | ||||
19,565 | Generac Holdings Inc, (2) | 6,338,082 | ||||
23,241 | IDEX Corp | 5,210,632 | ||||
5,288 | Lennox International Inc | 1,773,278 | ||||
69,314 | Masco Corp | 4,427,778 | ||||
21,043 | Nordson Corp | 4,448,701 | ||||
13,413 | Teledyne Technologies Inc, (2) | 6,005,671 | ||||
42,888 | Xylem Inc/NY | 4,745,557 | ||||
Total Industrials | 43,065,749 | |||||
Information Technology – 39.6% | ||||||
349 | Akamai Technologies Inc, (2) | 37,936 | ||||
21,308 | ANSYS Inc, (2) | 7,791,483 | ||||
10,134 | Arista Networks Inc, (2) | 3,193,933 | ||||
64,454 | Cadence Design Systems Inc, (2) | 8,493,104 | ||||
65,470 | Cloudflare Inc., Class A, (2) | 5,547,928 | ||||
53,066 | Cognex Corp | 4,570,044 | ||||
11,483 | Fair Isaac Corp, (2) | 5,987,351 | ||||
42,189 | Fortinet Inc, (2) | 8,616,259 | ||||
66,252 | GoDaddy Inc., Class A, (2) | 5,751,999 | ||||
13,249 | HubSpot Inc, (2) | 6,974,936 | ||||
8,139 | Keysight Technologies Inc, (2) | 1,174,865 | ||||
164,227 | Marvell Technology Inc | 7,424,703 | ||||
29,886 | Okta Inc, (2) | 8,060,254 | ||||
16,665 | Paycom Software Inc, (2) | 6,406,193 | ||||
41,484 | PTC Inc, (2) | 5,431,915 | ||||
19,100 | RingCentral Inc, (2) | 6,091,945 | ||||
143,306 | Slack Technologies Inc., Class A, (2) | 6,076,174 | ||||
34,204 | Splunk Inc, (2) | 4,324,070 | ||||
68,308 | Trimble Inc, (2) | 5,601,256 | ||||
15,202 | Zebra Technologies Corp., Class A, (2) | 7,414,623 | ||||
40,986 | Zendesk Inc, (2) | 5,990,104 | ||||
Total Information Technology | 120,961,075 | |||||
Materials – 3.3% | ||||||
101,255 | Axalta Coating Systems Ltd, (2) | 3,229,022 | ||||
29,840 | Ball Corp | 2,794,217 | ||||
35,220 | FMC Corp | 4,164,413 | ||||
Total Materials | 10,187,652 | |||||
Total Long-Term Investments (cost $242,111,083) | 305,195,122 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (3) | Value | |
SHORT-TERM INVESTMENTS – 0.1% | ||||||
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 0.1% | ||||||
$ 300 | Federal Home Loan Bank Discount Notes | 0.000% | 5/05/21 | Aaa | $ 300,000 | |
Total Short-Term Investments (cost $300,000) | 300,000 | |||||
Total Investments (cost $242,411,083) – 100.0% | 305,495,122 | |||||
Other Assets Less Liabilities – 0.0% | 47,723 | |||||
Net Assets – 100% | $ 305,542,845 |
For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease. | ||
(1) | All percentages shown in the Portfolio of Investments are based on net assets. | |
(2) | Non-income producing; issuer has not declared an ex-dividend date within the past twelve months. | |
(3) | For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies. |
Shares | Description (1) | Value | ||||
LONG-TERM INVESTMENTS – 99.8% | ||||||
COMMON STOCKS – 99.8% | ||||||
Communication Services – 4.9% | ||||||
7,111 | Discovery Inc, (2) | $267,800 | ||||
81,097 | Discovery Inc, (2) | 2,620,244 | ||||
36,658 | Interpublic Group of Cos Inc | 1,163,892 | ||||
76,122 | Liberty Global PLC, (2) | 2,059,861 | ||||
50,954 | Liberty Media Corp-Liberty Formula One, (2) | 2,391,781 | ||||
161,803 | Lumen Technologies Inc | 2,075,932 | ||||
327 | Omnicom Group Inc | 26,899 | ||||
Total Communication Services | 10,606,409 | |||||
Consumer Discretionary – 11.2% | ||||||
81,632 | Aramark | 3,173,036 | ||||
15,430 | Best Buy Co Inc | 1,794,046 | ||||
37,172 | BorgWarner Inc | 1,805,816 | ||||
11,065 | CarMax Inc, (2) | 1,474,301 | ||||
36,020 | Hasbro Inc | 3,582,189 | ||||
35,080 | LKQ Corp, (2) | 1,638,587 | ||||
14,176 | Mohawk Industries Inc, (2) | 2,913,168 | ||||
110,251 | Newell Brands Inc | 2,972,367 | ||||
36,019 | PulteGroup Inc | 2,129,443 | ||||
9,120 | Vail Resorts Inc, (2) | 2,965,459 | ||||
Total Consumer Discretionary | 24,448,412 | |||||
Consumer Staples – 2.8% | ||||||
39,467 | Bunge Ltd | 3,331,804 | ||||
52,352 | Campbell Soup Co | 2,499,808 | ||||
7,970 | Conagra Brands Inc | 295,607 | ||||
Total Consumer Staples | 6,127,219 | |||||
Energy – 3.4% | ||||||
151,282 | Baker Hughes Co | 3,037,742 | ||||
82,935 | ONEOK Inc | 4,340,818 | ||||
Total Energy | 7,378,560 | |||||
Financials – 21.1% | ||||||
52,881 | Ally Financial Inc | 2,720,728 | ||||
31,460 | Arthur J Gallagher & Co | 4,560,127 | ||||
17,833 | Assurant Inc | 2,774,815 | ||||
75,562 | Carlyle Group Inc | 3,223,475 | ||||
76,965 | Citizens Financial Group Inc | 3,561,940 |
Shares | Description (1) | Value | ||||
Financials (continued) | ||||||
114,340 | Equitable Holdings Inc | $3,913,858 | ||||
3,558 | First Republic Bank/CA | 651,968 | ||||
49,447 | Franklin Resources Inc | 1,483,410 | ||||
49,426 | Invesco Ltd | 1,334,502 | ||||
100,476 | KeyCorp | 2,186,358 | ||||
51,610 | Lincoln National Corp | 3,309,749 | ||||
66,822 | Loews Corp | 3,725,327 | ||||
2,319 | M&T Bank Corp | 365,683 | ||||
62,907 | Principal Financial Group Inc | 4,017,870 | ||||
8,675 | Regions Financial Corp | 189,115 | ||||
16,618 | Reinsurance Group of America Inc., Class A | 2,169,148 | ||||
7,033 | SVB Financial Group, (2) | 4,021,680 | ||||
25,959 | Voya Financial Inc | 1,760,539 | ||||
Total Financials | 45,970,292 | |||||
Health Care – 5.9% | ||||||
23,855 | BioMarin Pharmaceutical Inc, (2) | 1,858,782 | ||||
12,977 | Catalent Inc, (2) | 1,459,523 | ||||
553 | DaVita Inc, (2) | 64,441 | ||||
48,220 | DENTSPLY SIRONA Inc | 3,255,332 | ||||
4,153 | Jazz Pharmaceuticals PLC, (2) | 682,753 | ||||
27,165 | Quest Diagnostics Inc | 3,582,520 | ||||
1,426 | STERIS PLC | 300,915 | ||||
5,374 | Waters Corp, (2) | 1,611,501 | ||||
Total Health Care | 12,815,767 | |||||
Industrials – 14.8% | ||||||
104,246 | Carrier Global Corp | 4,543,041 | ||||
12,137 | CH Robinson Worldwide Inc | 1,178,260 | ||||
733 | Expeditors International of Washington Inc | 80,527 | ||||
58,549 | Fastenal Co | 3,060,942 | ||||
21,992 | Fortune Brands Home & Security Inc | 2,308,720 | ||||
11,325 | IDEX Corp | 2,539,065 | ||||
14,547 | Kansas City Southern | 4,250,779 | ||||
35,935 | Masco Corp | 2,295,528 | ||||
25,144 | Owens Corning | 2,434,191 | ||||
37,574 | Robert Half International Inc | 3,291,858 | ||||
1,250 | Snap-on Inc | 297,000 | ||||
5,605 | WW Grainger Inc | 2,429,992 | ||||
32,564 | Xylem Inc/NY | 3,603,206 | ||||
Total Industrials | 32,313,109 | |||||
Information Technology – 9.9% | ||||||
172,656 | Hewlett Packard Enterprise Co | 2,765,949 |
Shares | Description (1) | Value | ||||
Information Technology (continued) | ||||||
15,101 | Keysight Technologies Inc, (2) | $2,179,829 | ||||
5,271 | Maxim Integrated Products Inc | 495,474 | ||||
97,392 | NortonLifeLock Inc | 2,104,641 | ||||
85,978 | ON Semiconductor Corp, (2) | 3,353,142 | ||||
18,799 | Skyworks Solutions Inc | 3,408,823 | ||||
8,773 | Splunk Inc, (2) | 1,109,083 | ||||
41,004 | Trimble Inc, (2) | 3,362,328 | ||||
108,255 | Western Union Co | 2,788,649 | ||||
Total Information Technology | 21,567,918 | |||||
Materials – 7.9% | ||||||
289,117 | Amcor PLC | 3,397,125 | ||||
90,976 | Axalta Coating Systems Ltd, (2) | 2,901,224 | ||||
18,341 | Celanese Corp | 2,873,118 | ||||
7,628 | Martin Marietta Materials Inc | 2,693,599 | ||||
73,355 | Mosaic Co | 2,580,629 | ||||
32,705 | Sealed Air Corp | 1,615,627 | ||||
20,363 | Steel Dynamics Inc | 1,104,082 | ||||
Total Materials | 17,165,404 | |||||
Real Estate – 12.9% | ||||||
20,929 | Alexandria Real Estate Equities Inc | 3,790,242 | ||||
15,747 | Boston Properties Inc | 1,721,934 | ||||
27,453 | CBRE Group Inc, (2) | 2,338,995 | ||||
38,857 | Duke Realty Corp | 1,807,628 | ||||
92,358 | Healthpeak Properties Inc | 3,171,574 | ||||
204,241 | Host Hotels & Resorts Inc, (2) | 3,709,016 | ||||
48,473 | Iron Mountain Inc | 1,944,737 | ||||
57,412 | Regency Centers Corp | 3,654,848 | ||||
45,086 | UDR Inc | 2,094,245 | ||||
70,189 | Ventas Inc | 3,892,682 | ||||
Total Real Estate | 28,125,901 | |||||
Utilities – 5.0% | ||||||
63,313 | CMS Energy Corp | 4,076,724 | ||||
135,304 | NiSource Inc | 3,520,610 | ||||
75,167 | UGI Corp | 3,285,550 | ||||
Total Utilities | 10,882,884 | |||||
Total Long-Term Investments (cost $163,910,173) | 217,401,875 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (3) | Value | |
SHORT-TERM INVESTMENTS – 0.1% | ||||||
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 0.1% | ||||||
$ 173 | Federal Home Loan Bank Discount Notes | 0.000% | 5/04/21 | Aaa | $ 173,000 | |
Total Short-Term Investments (cost $173,000) | 173,000 | |||||
Total Investments (cost $164,083,173) – 99.9% | 217,574,875 | |||||
Other Assets Less Liabilities – 0.1% | 207,535 | |||||
Net Assets – 100% | $ 217,782,410 |
For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease. | ||
(1) | All percentages shown in the Portfolio of Investments are based on net assets. | |
(2) | Non-income producing; issuer has not declared an ex-dividend date within the past twelve months. | |
(3) | For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies. |
Shares | Description (1) | Value | ||||
LONG-TERM INVESTMENTS – 99.9% | ||||||
COMMON STOCKS – 99.9% | ||||||
Communication Services – 1.9% | ||||||
8,509 | Bandwidth Inc, Class A, (2) | $1,124,890 | ||||
22,414 | Boingo Wireless Inc, (2) | 312,899 | ||||
13,770 | Cardlytics Inc, (2) | 1,893,788 | ||||
5,475 | Cincinnati Bell Inc, (2) | 84,479 | ||||
5,320 | Cinemark Holdings Inc, (2) | 112,784 | ||||
42,138 | Clear Channel Outdoor Holdings Inc, (2) | 105,766 | ||||
8,866 | Cogent Communications Holdings Inc | 669,472 | ||||
10,426 | Gogo Inc, (2), (3) | 108,639 | ||||
67,410 | Gray Television Inc | 1,369,771 | ||||
7,496 | Hemisphere Media Group Inc, (2) | 91,601 | ||||
5,729 | iHeartMedia Inc., Class A, (2) | 109,653 | ||||
4,233 | IMAX Corp, (2) | 87,285 | ||||
34,841 | John Wiley & Sons Inc., Class A | 1,983,847 | ||||
8,796 | New York Times Co | 399,426 | ||||
25,593 | Scholastic Corp | 776,236 | ||||
1,915 | Shenandoah Telecommunications Co | 90,503 | ||||
4,681 | TEGNA Inc | 93,901 | ||||
20,959 | WideOpenWest Inc, (2) | 294,893 | ||||
19,611 | World Wrestling Entertainment Inc | 1,080,762 | ||||
33,413 | ZoomInfo Technologies Inc, (2) | 1,732,798 | ||||
344,371 | Zynga Inc., Class A, (2) | 3,726,094 | ||||
Total Communication Services | 16,249,487 | |||||
Consumer Discretionary – 16.9% | ||||||
14,363 | 1-800-Flowerscom Inc., Class A, (2) | 459,257 | ||||
29,395 | Aaron's Co Inc | 908,012 | ||||
41,285 | American Axle & Manufacturing Holdings Inc, (2) | 383,125 | ||||
44,602 | American Eagle Outfitters Inc | 1,541,891 | ||||
13,216 | American Public Education Inc, (2) | 402,559 | ||||
8,637 | Arko Corp, (2) | 90,861 | ||||
5,799 | Asbury Automotive Group Inc, (2) | 1,151,739 | ||||
16,059 | At Home Group Inc, (2) | 507,143 | ||||
33,168 | Big Lots Inc | 2,286,602 | ||||
2,720 | Boot Barn Holdings Inc, (2) | 191,869 | ||||
35,509 | Bright Horizons Family Solutions Inc, (2) | 5,142,768 | ||||
12,194 | Brunswick Corp/DE | 1,306,343 |
Shares | Description (1) | Value | ||||
Consumer Discretionary (continued) | ||||||
13,412 | Buckle Inc | $562,499 | ||||
53,388 | Callaway Golf Co | 1,545,583 | ||||
28,465 | Camping World Holdings Inc | 1,239,366 | ||||
14,941 | Carriage Services Inc | 555,506 | ||||
16,138 | Carter's Inc, (2) | 1,755,653 | ||||
375 | Cavco Industries Inc, (2) | 78,536 | ||||
1,868 | Century Communities Inc, (2) | 138,120 | ||||
2,636 | Children's Place Inc, (2) | 206,531 | ||||
1,524 | Columbia Sportswear Co | 166,131 | ||||
2,275 | Cooper Tire & Rubber Co | 129,652 | ||||
39,720 | Core-Mark Holding Co Inc | 1,690,483 | ||||
13,161 | Crocs Inc, (2) | 1,317,679 | ||||
17,809 | Dana Inc | 450,568 | ||||
37,846 | Dave & Buster's Entertainment Inc, (2) | 1,728,048 | ||||
3,370 | Deckers Outdoor Corp, (2) | 1,139,734 | ||||
1,153 | Dick's Sporting Goods Inc | 95,215 | ||||
13,784 | Dine Brands Global Inc, (2) | 1,332,224 | ||||
14,248 | Dorman Products Inc, (2) | 1,413,117 | ||||
17,318 | El Pollo Loco Holdings Inc, (2) | 293,367 | ||||
20,427 | Ethan Allen Interiors Inc | 586,459 | ||||
58,829 | Extended Stay America Inc | 1,170,109 | ||||
7,202 | Five Below Inc, (2) | 1,449,547 | ||||
40,291 | Foot Locker Inc | 2,376,363 | ||||
15,764 | Franchise Group Inc | 607,387 | ||||
49,260 | frontdoor Inc, (2) | 2,636,888 | ||||
36,923 | GameStop Corp., Class A, (2) | 6,409,464 | ||||
33,332 | Gap Inc | 1,103,289 | ||||
3,540 | Genesco Inc, (2) | 177,000 | ||||
1,189 | Gentherm Inc, (2) | 84,657 | ||||
100,763 | GoPro Inc., Class A, (2) | 1,131,569 | ||||
3,576 | Graham Holdings Co., Class B | 2,272,941 | ||||
12,684 | Grand Canyon Education Inc, (2) | 1,373,550 | ||||
9,348 | Green Brick Partners Inc, (2) | 241,272 | ||||
10,087 | Group 1 Automotive Inc | 1,655,882 | ||||
207,935 | Hanesbrands Inc | 4,379,111 | ||||
66,120 | Harley-Davidson Inc | 3,198,224 | ||||
11,907 | Helen of Troy Ltd, (2) | 2,514,877 | ||||
3,145 | Hibbett Sports Inc, (2) | 249,870 | ||||
71,054 | Hilton Grand Vacations Inc, (2) | 3,166,166 | ||||
23,651 | iRobot Corp, (2) | 2,573,229 | ||||
18,231 | Jack in the Box Inc | 2,199,570 |
Shares | Description (1) | Value | ||||
Consumer Discretionary (continued) | ||||||
5,493 | Johnson Outdoors Inc | $778,962 | ||||
5,776 | KB Home | 278,577 | ||||
36,347 | Kontoor Brands Inc | 2,283,682 | ||||
11,266 | Lands' End Inc, (2) | 259,569 | ||||
2,092 | La-Z-Boy Inc | 93,010 | ||||
10,460 | LCI Industries | 1,532,390 | ||||
35,580 | Leggett & Platt Inc | 1,767,259 | ||||
53,387 | Levi Strauss & Co., Class A | 1,540,749 | ||||
3,110 | LGI Homes Inc, (2) | 515,576 | ||||
5,729 | Lithia Motors Inc., Class A | 2,202,113 | ||||
2,295 | Lovesac Co, (2) | 168,155 | ||||
188,068 | Macy's Inc, (2) | 3,118,167 | ||||
18,462 | Malibu Boats Inc, (2) | 1,538,992 | ||||
18,937 | MarineMax Inc, (2) | 1,075,622 | ||||
4,001 | Meritage Homes Corp, (2) | 425,666 | ||||
29,614 | Monro Inc | 2,090,452 | ||||
13,107 | Murphy USA Inc | 1,827,116 | ||||
3,861 | National Vision Holdings Inc, (2) | 194,633 | ||||
82,457 | Nordstrom Inc, (2) | 3,024,523 | ||||
9,978 | Overstockcom Inc, (2) | 813,207 | ||||
1,120 | Oxford Industries Inc | 102,178 | ||||
59,897 | Planet Fitness Inc., Class A, (2) | 5,030,749 | ||||
7,660 | PVH Corp, (2) | 866,959 | ||||
64,506 | Quotient Technology Inc, (2) | 1,054,028 | ||||
3,168 | Ralph Lauren Corp, (2) | 422,263 | ||||
19,772 | RealReal Inc, (2) | 489,752 | ||||
12,178 | Rent-A-Center Inc/TX | 700,844 | ||||
14,529 | Revolve Group Inc, (2) | 704,511 | ||||
45,016 | SeaWorld Entertainment Inc, (2) | 2,465,076 | ||||
30,447 | Shake Shack Inc., Class A, (2) | 3,311,111 | ||||
18,531 | Signet Jewelers Ltd, (2) | 1,107,227 | ||||
11,960 | Sleep Number Corp, (2) | 1,338,204 | ||||
66,172 | Sonos Inc, (2) | 2,648,865 | ||||
10,912 | Steven Madden Ltd | 443,791 | ||||
77,894 | Tapestry Inc, (2) | 3,727,228 | ||||
25,909 | Taylor Morrison Home Corp, (2) | 808,620 | ||||
74,364 | Terminix Global Holdings Inc, (2) | 3,784,384 | ||||
25,027 | Thor Industries Inc | 3,543,573 | ||||
4,222 | Tri Pointe Homes Inc, (2) | 100,568 | ||||
2,617 | Tupperware Brands Corp, (2) | 63,776 | ||||
3,768 | Under Armour Inc., Class A, (2) | 91,600 |
Shares | Description (1) | Value | ||||
Consumer Discretionary (continued) | ||||||
118,621 | Under Armour Inc., Class C, (2) | $2,361,744 | ||||
3,799 | Visteon Corp, (2) | 462,756 | ||||
165,953 | Wendy's Co | 3,745,559 | ||||
10,549 | Williams-Sonoma Inc | 1,801,242 | ||||
17,128 | Wingstop Inc | 2,713,247 | ||||
457 | Winmark Corp | 88,005 | ||||
2,810 | Wolverine World Wide Inc | 117,233 | ||||
37,934 | Workhorse Group Inc, (2), (3) | 470,002 | ||||
41,848 | WW International Inc, (2) | 1,160,864 | ||||
1,800 | XPEL Inc, (2) | 115,380 | ||||
25,530 | YETI Holdings Inc, (2) | 2,180,773 | ||||
3,484 | Zumiez Inc, (2) | 149,708 | ||||
Total Consumer Discretionary | 145,467,845 | |||||
Consumer Staples – 3.0% | ||||||
19,478 | Beyond Meat Inc, (2) | 2,564,863 | ||||
11,595 | BJ's Wholesale Club Holdings Inc, (2) | 517,949 | ||||
17,477 | Edgewell Personal Care Co | 667,621 | ||||
51,001 | Energizer Holdings Inc | 2,514,349 | ||||
6,487 | Flowers Foods Inc | 155,429 | ||||
27,306 | Fresh Del Monte Produce Inc | 770,029 | ||||
30,619 | Freshpet Inc, (2) | 5,659,004 | ||||
1,529 | Herbalife Nutrition Ltd, (2) | 69,982 | ||||
9,173 | Medifast Inc | 2,083,097 | ||||
5,127 | MGP Ingredients Inc | 308,133 | ||||
77,386 | Performance Food Group Co, (2) | 4,542,558 | ||||
834 | PriceSmart Inc | 70,089 | ||||
4,520 | SpartanNash Co | 87,552 | ||||
3,860 | Sprouts Farmers Market Inc, (2) | 98,855 | ||||
18,228 | TreeHouse Foods Inc, (2) | 867,653 | ||||
8,247 | United Natural Foods Inc, (2) | 303,984 | ||||
107,706 | US Foods Holding Corp, (2) | 4,465,491 | ||||
11,539 | Vital Farms Inc, (2) | 280,628 | ||||
Total Consumer Staples | 26,027,266 | |||||
Energy – 2.1% | ||||||
115,443 | Archrock Inc | 1,078,238 | ||||
41,609 | Cactus Inc | 1,240,364 | ||||
97,761 | ChampionX Corp, (2) | 2,053,958 | ||||
132,270 | Clean Energy Fuels Corp, (2) | 1,454,970 | ||||
32,921 | Core Laboratories NV | 927,714 | ||||
64,815 | Delek US Holdings Inc | 1,538,060 | ||||
13,118 | DMC Global Inc, (2) | 708,372 |
Shares | Description (1) | Value | ||||
Energy (continued) | ||||||
78,300 | Liberty Oilfield Services Inc, (2) | $916,110 | ||||
156,171 | NOV Inc, (2) | 2,334,756 | ||||
69,804 | Oceaneering International Inc, (2) | 750,393 | ||||
34,600 | Renewable Energy Group Inc, (2) | 1,920,992 | ||||
376,727 | TechnipFMC PLC, (2) | 2,787,780 | ||||
Total Energy | 17,711,707 | |||||
Financials – 14.5% | ||||||
12,243 | Amalgamated Financial Corp | 197,724 | ||||
6,241 | Amerant Bancorp Inc, (2) | 118,267 | ||||
32,012 | Ameris Bancorp | 1,731,529 | ||||
8,409 | Argo Group International Holdings Ltd, (2) | 438,782 | ||||
41,467 | Artisan Partners Asset Management Inc | 2,111,500 | ||||
4,352 | Banc of California Inc | 77,901 | ||||
62,402 | Bank OZK | 2,557,858 | ||||
9,245 | Banner Corp | 525,486 | ||||
39,779 | Berkshire Hills Bancorp Inc | 882,696 | ||||
13,941 | BOK Financial Corp | 1,225,972 | ||||
9,269 | Boston Private Financial Holdings Inc | 136,440 | ||||
2,655 | Bryn Mawr Bank Corp | 122,024 | ||||
21,607 | Byline Bancorp Inc | 490,479 | ||||
2,157 | Camden National Corp | 102,932 | ||||
43,234 | CNO Financial Group Inc | 1,103,764 | ||||
16,685 | Cohen & Steers Inc | 1,134,914 | ||||
4,250 | Columbia Banking System Inc | 185,002 | ||||
4,579 | Commerce Bancshares Inc/MO | 356,292 | ||||
2,241 | Community Trust Bancorp Inc | 99,859 | ||||
20,982 | Cowen Inc., Class A | 828,579 | ||||
14,271 | Crawford & Co., Class A | 149,703 | ||||
8,756 | Cullen/Frost Bankers Inc | 1,051,245 | ||||
15,453 | CVB Financial Corp | 327,758 | ||||
2,703 | Diamond Hill Investment Group Inc | 462,213 | ||||
3,815 | Dime Community Bancshares Inc | 126,353 | ||||
19,625 | East West Bancorp Inc | 1,494,444 | ||||
15,969 | eHealth Inc, (2) | 1,129,647 | ||||
19,132 | Encore Capital Group Inc, (2) | 752,653 | ||||
3,130 | Federal Agricultural Mortgage Corp | 321,952 | ||||
66,043 | First American Financial Corp | 4,259,773 | ||||
42,230 | First Busey Corp | 1,054,905 | ||||
1,243 | First Eagle Private Credit LLC, (2), (4) | 104 | ||||
20,432 | First Financial Bancorp | 500,788 | ||||
378,002 | First Horizon Corp | 6,913,657 |
Shares | Description (1) | Value | ||||
Financials (continued) | ||||||
3,601 | First Interstate BancSystem Inc | $169,139 | ||||
1,880 | Flagstar Bancorp Inc | 87,495 | ||||
47,974 | Fulton Financial Corp | 817,957 | ||||
448,367 | Genworth Financial Inc., Class A, (2) | 1,936,945 | ||||
11,727 | Glacier Bancorp Inc | 691,307 | ||||
12,695 | Goosehead Insurance Inc | 1,395,688 | ||||
10,364 | Great Western Bancorp Inc | 342,530 | ||||
13,772 | Green Dot Corp., Class A, (2) | 630,207 | ||||
75,759 | Hancock Whitney Corp | 3,503,096 | ||||
42,547 | Hannon Armstrong Sustainable Infrastructure Capital Inc | 2,229,463 | ||||
17,624 | Hanover Insurance Group Inc | 2,437,575 | ||||
3,114 | Heritage Financial Corp/WA | 87,503 | ||||
26,115 | Hilltop Holdings Inc | 919,248 | ||||
2,264 | HomeStreet Inc | 92,462 | ||||
8,437 | Independent Bank Corp | 690,990 | ||||
47,546 | International Bancshares Corp | 2,253,205 | ||||
89,083 | Janus Henderson Group PLC | 3,063,564 | ||||
26,874 | KKR Real Estate Finance Trust Inc | 567,041 | ||||
24,723 | Live Oak Bancshares Inc | 1,581,283 | ||||
14,671 | LPL Financial Holdings Inc | 2,298,946 | ||||
7,732 | Merchants Bancorp/IN | 315,388 | ||||
34,340 | MGIC Investment Corp | 523,342 | ||||
16,184 | Morningstar Inc | 4,288,922 | ||||
64,472 | Mr Cooper Group Inc, (2) | 2,222,995 | ||||
2,343 | National Bank Holdings Corp., Class A | 93,486 | ||||
227,857 | New York Community Bancorp Inc | 2,725,170 | ||||
3,596 | NMI Holdings Inc., Class A, (2) | 92,921 | ||||
50,532 | OceanFirst Financial Corp | 1,155,161 | ||||
44,795 | OFG Bancorp | 1,061,194 | ||||
22,424 | Old National Bancorp/IN | 423,814 | ||||
16,200 | Open Lending Corp., Class A, (2) | 632,610 | ||||
11,899 | Origin Bancorp Inc | 520,343 | ||||
35,855 | PennyMac Financial Services Inc | 2,158,830 | ||||
236,370 | People's United Financial Inc | 4,285,388 | ||||
35,763 | Pinnacle Financial Partners Inc | 3,134,269 | ||||
73,952 | Popular Inc | 5,469,490 | ||||
39,784 | PRA Group Inc, (2) | 1,499,061 | ||||
19,006 | Premier Financial Corp | 600,400 | ||||
9,931 | Primerica Inc | 1,586,676 | ||||
47,848 | ProAssurance Corp | 1,196,200 | ||||
23,173 | PROG Holdings Inc | 1,180,433 |
Shares | Description (1) | Value | ||||
Financials (continued) | ||||||
2,062 | Republic Bancorp Inc., Class A | $92,646 | ||||
35,905 | Rocket Cos Inc., Class A | 806,067 | ||||
3,094 | S&T Bancorp Inc | 101,947 | ||||
13,144 | Seacoast Banking Corp of Florida, (2) | 477,784 | ||||
1,846 | ServisFirst Bancshares Inc | 116,741 | ||||
15,321 | South State Corp | 1,291,867 | ||||
2,433 | Southside Bancshares Inc | 97,685 | ||||
196,414 | Starwood Property Trust Inc | 5,071,409 | ||||
6,940 | Stewart Information Services Corp | 407,031 | ||||
14,606 | StoneX Group Inc, (2) | 927,773 | ||||
105,087 | Synovus Financial Corp | 4,924,377 | ||||
16,438 | TCF Financial Corp | 748,258 | ||||
22,300 | Texas Capital Bancshares Inc, (2) | 1,530,449 | ||||
5,750 | TFS Financial Corp | 112,470 | ||||
2,581 | TriCo Bancshares | 119,449 | ||||
21,270 | TriState Capital Holdings Inc, (2) | 507,715 | ||||
1,472 | Triumph Bancorp Inc, (2) | 130,463 | ||||
24,243 | Trupanion Inc, (2) | 1,966,107 | ||||
5,114 | Umpqua Holdings Corp | 95,325 | ||||
2,613 | United Community Banks Inc/GA | 85,497 | ||||
3,539 | Univest Financial Corp | 98,844 | ||||
153,753 | Valley National Bancorp | 2,117,179 | ||||
14,339 | Victory Capital Holdings Inc | 397,907 | ||||
1,524 | Virtus Investment Partners Inc | 416,753 | ||||
1,839 | Washington Trust Bancorp Inc | 93,881 | ||||
29,344 | Webster Financial Corp | 1,552,591 | ||||
28,359 | Western Alliance Bancorp | 2,979,680 | ||||
38,785 | Wintrust Financial Corp | 2,990,323 | ||||
10,062 | WSFS Financial Corp | 514,068 | ||||
3,116 | Zions Bancorp NA | 173,873 | ||||
Total Financials | 124,881,091 | |||||
Health Care – 13.4% | ||||||
8,498 | 1Life Healthcare Inc, (2) | 369,748 | ||||
13,043 | Acadia Healthcare Co Inc, (2) | 794,580 | ||||
67,913 | ACADIA Pharmaceuticals Inc, (2) | 1,396,291 | ||||
28,265 | Accelerate Diagnostics Inc, (2), (3) | 206,617 | ||||
20,991 | Acceleron Pharma Inc, (2) | 2,623,245 | ||||
11,339 | Accolade Inc, (2) | 568,651 | ||||
18,959 | Achillion Pharmaceuticals Inc, (4) | 8,721 | ||||
18,951 | Adaptive Biotechnologies Corp, (2) | 788,362 | ||||
818 | Addus HomeCare Corp, (2) | 86,544 |
Shares | Description (1) | Value | ||||
Health Care (continued) | ||||||
34,058 | Agios Pharmaceuticals Inc, (2) | $1,900,436 | ||||
11,990 | Akouos Inc, (2) | 170,498 | ||||
13,184 | Alder Biopharmaceuticals Inc, (2), (4) | 11,602 | ||||
10,482 | Allakos Inc, (2) | 1,143,796 | ||||
114,738 | Allscripts Healthcare Solutions Inc, (2) | 1,785,323 | ||||
6,926 | ALX Oncology Holdings Inc, (2) | 433,983 | ||||
3,414 | Amedisys Inc, (2) | 921,268 | ||||
39,549 | AMN Healthcare Services Inc, (2) | 3,136,236 | ||||
21,595 | AnaptysBio Inc, (2) | 504,243 | ||||
16,968 | AngioDynamics Inc, (2) | 412,322 | ||||
43,622 | Antares Pharma Inc, (2) | 165,327 | ||||
13,394 | Applied Therapeutics Inc, (2) | 248,057 | ||||
16,758 | Arvinas Inc, (2) | 1,155,296 | ||||
64,384 | Atara Biotherapeutics Inc, (2) | 905,239 | ||||
5,799 | AtriCure Inc, (2) | 446,929 | ||||
1,268 | Atrion Corp | 809,745 | ||||
5,411 | Axogen Inc, (2) | 101,294 | ||||
1,534 | Axonics Inc, (2) | 96,535 | ||||
9,982 | Axsome Therapeutics Inc, (2) | 603,512 | ||||
125,506 | BioCryst Pharmaceuticals Inc, (2) | 1,460,262 | ||||
58,214 | Bluebird Bio Inc, (2) | 1,746,420 | ||||
150,833 | Brookdale Senior Living Inc, (2) | 986,448 | ||||
12,199 | Cardiovascular Systems Inc, (2) | 491,864 | ||||
10,886 | Cerus Corp, (2) | 66,405 | ||||
5,136 | Chemed Corp | 2,447,869 | ||||
47,400 | Coherus Biosciences Inc, (2) | 701,520 | ||||
27,279 | Collegium Pharmaceutical Inc, (2) | 608,322 | ||||
3,116 | Computer Programs and Systems Inc | 93,542 | ||||
27,548 | Corcept Therapeutics Inc, (2) | 627,819 | ||||
13,266 | Cortexyme Inc, (2), (3) | 519,629 | ||||
8,806 | CorVel Corp, (2) | 1,030,390 | ||||
38,354 | Covetrus Inc, (2) | 1,098,842 | ||||
3,405 | CryoLife Inc, (2) | 99,358 | ||||
18,941 | CryoPort Inc, (2) | 1,071,492 | ||||
41,537 | Cymabay Therapeutics Inc, (2) | 179,855 | ||||
47,933 | Durect Corp, (2) | 91,073 | ||||
10,085 | Eagle Pharmaceuticals Inc/DE, (2) | 411,771 | ||||
1,593 | Encompass Health Corp | 135,182 | ||||
19,992 | Ensign Group Inc | 1,716,313 | ||||
55,550 | Envista Holdings Corp, (2) | 2,404,204 | ||||
34,760 | FibroGen Inc, (2) | 775,843 |
Shares | Description (1) | Value | ||||
Health Care (continued) | ||||||
18,857 | Fluidigm Corp, (2) | $94,474 | ||||
6,827 | Fulgent Genetics Inc, (2), (3) | 525,816 | ||||
12,089 | Glaukos Corp, (2) | 1,138,300 | ||||
48,882 | Global Blood Therapeutics Inc, (2) | 1,993,408 | ||||
21,730 | Globus Medical Inc, (2) | 1,559,562 | ||||
8,175 | Haemonetics Corp, (2) | 549,850 | ||||
31,349 | Hanger Inc, (2) | 781,531 | ||||
6,121 | Heska Corp, (2) | 1,118,001 | ||||
11,055 | Hill-Rom Holdings Inc | 1,218,482 | ||||
19,619 | Homology Medicines Inc, (2) | 132,821 | ||||
5,700 | IGM Biosciences Inc, (2) | 403,104 | ||||
29,976 | Immunovant Inc, (2) | 470,024 | ||||
732 | Inari Medical Inc, (2) | 83,660 | ||||
11,019 | Inogen Inc, (2) | 720,532 | ||||
53,962 | Inovio Pharmaceuticals Inc, (2), (3) | 367,481 | ||||
1,209 | Integra LifeSciences Holdings Corp, (2) | 89,563 | ||||
41,583 | Intellia Therapeutics Inc, (2) | 3,192,327 | ||||
26,100 | Intersect ENT Inc, (2) | 569,241 | ||||
8,613 | Intra-Cellular Therapies Inc, (2) | 296,546 | ||||
9,124 | iRhythm Technologies Inc, (2) | 710,395 | ||||
13,392 | Kala Pharmaceuticals Inc, (2), (3) | 103,520 | ||||
48,020 | Kura Oncology Inc, (2) | 1,293,179 | ||||
2,634 | LeMaitre Vascular Inc | 138,206 | ||||
3,786 | LHC Group Inc, (2) | 788,510 | ||||
14,193 | Ligand Pharmaceuticals Inc, (2) | 2,070,617 | ||||
1,191 | LivaNova PLC, (2) | 101,080 | ||||
3,381 | Luminex Corp | 124,049 | ||||
24,207 | MacroGenics Inc, (2) | 783,339 | ||||
890 | Magellan Health Inc, (2) | 83,838 | ||||
4,733 | MEDNAX Inc, (2) | 124,573 | ||||
26,216 | Meridian Bioscience Inc, (2) | 513,309 | ||||
27,650 | Merit Medical Systems Inc, (2) | 1,758,540 | ||||
23,967 | Mirati Therapeutics Inc, (2) | 3,983,795 | ||||
1,200 | ModivCare Inc, (2) | 168,096 | ||||
6,266 | Myovant Sciences Ltd, (2), (3) | 130,959 | ||||
10,301 | National Research Corp | 528,441 | ||||
3,222 | Natus Medical Inc, (2) | 82,322 | ||||
55,458 | NeoGenomics Inc, (2) | 2,716,887 | ||||
463 | Nevro Corp, (2) | 80,011 | ||||
4,400 | NextGen Healthcare Inc, (2) | 80,564 | ||||
7,055 | Nkarta Inc, (2) | 224,702 |
Shares | Description (1) | Value | ||||
Health Care (continued) | ||||||
14,235 | Novavax Inc, (2) | $3,372,699 | ||||
10,014 | Nurix Therapeutics Inc, (2) | 348,687 | ||||
11,620 | Odonate Therapeutics Inc, (2) | 38,927 | ||||
344,290 | OPKO Health Inc, (2) | 1,411,589 | ||||
1,951 | Orthofix Medical Inc, (2) | 86,527 | ||||
11,082 | OrthoPediatrics Corp, (2) | 648,297 | ||||
33,647 | Owens & Minor Inc | 1,214,320 | ||||
20,687 | Passage Bio Inc, (2) | 388,088 | ||||
36,743 | Patterson Cos Inc | 1,180,920 | ||||
23,064 | Pennant Group Inc, (2) | 932,247 | ||||
5,122 | Penumbra Inc, (2) | 1,567,281 | ||||
37,908 | Perrigo Co PLC | 1,578,110 | ||||
9,190 | Personalis Inc, (2) | 226,442 | ||||
18,900 | PetIQ Inc, (2), (3) | 805,140 | ||||
5,068 | Phathom Pharmaceuticals Inc, (2) | 195,219 | ||||
4,954 | Phibro Animal Health Corp | 121,472 | ||||
2,821 | Pliant Therapeutics Inc, (2), (3) | 94,503 | ||||
2,815 | Premier Inc., Class A | 99,510 | ||||
15,390 | Progyny Inc, (2) | 875,845 | ||||
21,868 | Prothena Corp PLC, (2) | 580,377 | ||||
7,288 | Provention Bio Inc, (2) | 52,401 | ||||
15,968 | Quidel Corp, (2) | 1,673,287 | ||||
19,731 | Quotient Ltd, (2) | 77,346 | ||||
81,827 | R1 RCM Inc, (2) | 2,232,241 | ||||
8,185 | RadNet Inc, (2) | 182,853 | ||||
6,702 | Reata Pharmaceuticals Inc, (2) | 679,583 | ||||
3,843 | Relmada Therapeutics Inc, (2) | 148,186 | ||||
17,879 | Repligen Corp, (2) | 3,785,163 | ||||
37,574 | Revance Therapeutics Inc, (2) | 1,094,155 | ||||
24,178 | Rhythm Pharmaceuticals Inc, (2) | 521,278 | ||||
26,682 | Rocket Pharmaceuticals Inc, (2) | 1,223,103 | ||||
3,461 | Select Medical Holdings Corp, (2) | 130,549 | ||||
7,251 | Shockwave Medical Inc, (2) | 1,185,248 | ||||
2,695 | SI-BONE Inc, (2) | 95,672 | ||||
1,279 | Silk Road Medical Inc, (2) | 78,198 | ||||
1,425 | Simulations Plus Inc | 89,974 | ||||
10,315 | STAAR Surgical Co, (2) | 1,413,258 | ||||
12,272 | Surgery Partners Inc, (2) | 591,510 | ||||
1,621 | Surmodics Inc, (2) | 86,707 | ||||
1,581 | Tactile Systems Technology Inc, (2) | 90,591 | ||||
1,183 | Tandem Diabetes Care Inc, (2) | 108,718 |
Shares | Description (1) | Value | ||||
Health Care (continued) | ||||||
6,488 | Theravance Biopharma Inc, (2) | $128,073 | ||||
55,956 | Tilray Inc, (2), (3) | 1,026,233 | ||||
29,975 | Tivity Health Inc, (2) | 724,795 | ||||
22,076 | Tricida Inc, (2) | 102,653 | ||||
22,107 | Turning Point Therapeutics Inc, (2) | 1,685,217 | ||||
36,205 | Ultragenyx Pharmaceutical Inc, (2) | 4,041,926 | ||||
15,711 | uniQure NV, (2) | 506,994 | ||||
1,927 | US Physical Therapy Inc | 216,691 | ||||
11,917 | Vapotherm Inc, (2) | 262,174 | ||||
33,119 | Varex Imaging Corp, (2) | 786,245 | ||||
26,515 | Vocera Communications Inc, (2) | 959,048 | ||||
18,651 | Xenon Pharmaceuticals Inc, (2) | 341,686 | ||||
17,442 | Y-mAbs Therapeutics Inc, (2) | 524,481 | ||||
Total Health Care | 115,064,915 | |||||
Industrials – 16.4% | ||||||
16,614 | AAON Inc | 1,086,722 | ||||
17,372 | Acuity Brands Inc | 3,222,853 | ||||
136,369 | ADT Inc | 1,254,595 | ||||
13,581 | Advanced Drainage Systems Inc | 1,516,454 | ||||
2,585 | AECOM, (2) | 171,722 | ||||
25,690 | Aegion Corp, (2) | 773,269 | ||||
63,195 | Allison Transmission Holdings Inc | 2,620,697 | ||||
6,080 | ArcBest Corp | 442,381 | ||||
1,819 | Armstrong World Industries Inc | 188,539 | ||||
5,731 | Astec Industries Inc | 429,882 | ||||
25,460 | Axon Enterprise Inc, (2) | 3,859,991 | ||||
4,230 | AZEK Co Inc, (2) | 204,224 | ||||
25,211 | Barnes Group Inc | 1,258,533 | ||||
66,494 | Bloom Energy Corp, (2) | 1,726,849 | ||||
16,472 | Boise Cascade Co | 1,099,012 | ||||
27,681 | Brady Corp., Class A | 1,510,552 | ||||
51,080 | Builders FirstSource Inc, (2) | 2,486,064 | ||||
20,685 | Carlisle Cos Inc | 3,964,280 | ||||
4,633 | Cimpress PLC, (2) | 441,340 | ||||
17,466 | Comfort Systems USA Inc | 1,438,500 | ||||
43,719 | Cornerstone Building Brands Inc, (2) | 614,689 | ||||
19,600 | Cubic Corp | 1,466,864 | ||||
7,110 | Curtiss-Wright Corp | 909,369 | ||||
32,262 | Donaldson Co Inc | 2,028,635 | ||||
3,081 | Echo Global Logistics Inc, (2) | 100,749 | ||||
17,011 | EMCOR Group Inc | 2,037,918 |
Shares | Description (1) | Value | ||||
Industrials (continued) | ||||||
14,365 | EnerSys | $1,315,547 | ||||
15,516 | ESCO Technologies Inc | 1,687,520 | ||||
37,548 | Flowserve Corp | 1,488,403 | ||||
33,243 | Franklin Electric Co Inc | 2,701,659 | ||||
23,209 | FTI Consulting Inc, (2) | 3,222,570 | ||||
14,200 | GATX Corp | 1,387,482 | ||||
37,443 | GMS Inc, (2) | 1,636,634 | ||||
41,404 | Granite Construction Inc | 1,577,492 | ||||
43,636 | Great Lakes Dredge & Dock Corp, (2) | 685,085 | ||||
65,674 | Healthcare Services Group Inc | 1,966,936 | ||||
15,140 | Herman Miller Inc | 628,310 | ||||
23,965 | Hexcel Corp, (2) | 1,351,866 | ||||
1,508 | Hub Group Inc, Class A, (2) | 99,106 | ||||
15,222 | Hubbell Inc | 2,922,776 | ||||
5,666 | Hyster-Yale Materials Handling Inc | 458,096 | ||||
17,317 | IAA Inc, (2) | 1,087,681 | ||||
1,061 | ICF International Inc | 96,615 | ||||
1,827 | IES Holdings Inc, (2) | 96,447 | ||||
1,077 | ITT Inc | 101,572 | ||||
4,599 | KAR Auction Services Inc, (2) | 68,939 | ||||
4,383 | Kelly Services Inc, (2) | 109,794 | ||||
4,975 | Knoll Inc | 118,902 | ||||
6,646 | Korn Ferry | 451,197 | ||||
2,972 | Landstar System Inc | 512,016 | ||||
5,719 | Lindsay Corp | 948,096 | ||||
24,223 | Luxfer Holdings PLC | 535,571 | ||||
65,343 | Macquarie Infrastructure Corp | 2,176,575 | ||||
11,996 | ManpowerGroup Inc | 1,450,196 | ||||
26,531 | Matthews International Corp., Class A | 1,097,853 | ||||
34,362 | Maxar Technologies Inc | 1,333,589 | ||||
21,368 | McGrath RentCorp | 1,751,749 | ||||
33,748 | Mercury Systems Inc, (2) | 2,539,199 | ||||
15,693 | Middleby Corp, (2) | 2,845,455 | ||||
13,551 | Montrose Environmental Group Inc, (2) | 734,600 | ||||
3,409 | Moog Inc., Class A | 295,049 | ||||
8,888 | MSA Safety Inc | 1,428,835 | ||||
14,727 | MYR Group Inc, (2) | 1,147,233 | ||||
2,853 | Navistar International Corp, (2) | 126,245 | ||||
121,525 | Nielsen Holdings PLC | 3,117,116 | ||||
8,854 | Oshkosh Corp | 1,101,703 | ||||
56,027 | PAE Inc, (2) | 502,562 |
Shares | Description (1) | Value | ||||
Industrials (continued) | ||||||
134,741 | Pitney Bowes Inc | $1,006,515 | ||||
37,588 | Quanta Services Inc | 3,632,504 | ||||
31,677 | Raven Industries Inc | 1,286,720 | ||||
65,317 | Resideo Technologies Inc, (2) | 1,960,163 | ||||
47,555 | Ryder System Inc | 3,796,791 | ||||
20,131 | Schneider National Inc | 487,774 | ||||
29,595 | SiteOne Landscape Supply Inc, (2) | 5,308,751 | ||||
2,330 | SP Plus Corp, (2) | 79,989 | ||||
68,527 | Steelcase Inc., Class A | 945,673 | ||||
14,952 | Tennant Co | 1,179,862 | ||||
25,959 | Tetra Tech Inc | 3,313,147 | ||||
52,433 | Toro Co | 6,008,822 | ||||
38,858 | Trex Co Inc, (2) | 4,196,275 | ||||
16,508 | TriNet Group Inc, (2) | 1,299,345 | ||||
60,656 | Triton International Ltd | 3,043,111 | ||||
32,056 | TrueBlue Inc, (2) | 907,185 | ||||
361 | UniFirst Corp/MA | 80,933 | ||||
15,517 | Valmont Industries Inc | 3,830,371 | ||||
1,676 | Vectrus Inc, (2) | 87,739 | ||||
19,137 | Watts Water Technologies Inc | 2,383,513 | ||||
6,908 | Welbilt Inc, (2) | 154,325 | ||||
2,004 | Werner Enterprises Inc | 92,645 | ||||
38,305 | WESCO International Inc, (2) | 3,513,335 | ||||
150,572 | WillScot Mobile Mini Holdings Corp, (2) | 4,407,242 | ||||
18,104 | Woodward Inc | 2,263,181 | ||||
Total Industrials | 141,024,865 | |||||
Information Technology – 15.5% | ||||||
22,085 | 8x8 Inc, (2) | 726,376 | ||||
61,487 | ACI Worldwide Inc, (2) | 2,322,979 | ||||
5,736 | ADTRAN Inc | 98,028 | ||||
12,275 | Altair Engineering Inc, (2) | 797,875 | ||||
30,446 | Anaplan Inc, (2) | 1,816,104 | ||||
644 | Aspen Technology Inc, (2) | 84,261 | ||||
73,869 | Avaya Holdings Corp, (2) | 2,125,211 | ||||
24,314 | Avnet Inc | 1,067,871 | ||||
24,022 | Badger Meter Inc | 2,243,415 | ||||
7,798 | Benchmark Electronics Inc | 234,096 | ||||
10,485 | BigCommerce Holdings Inc, (2) | 628,471 | ||||
16,448 | Billcom Holdings Inc, (2) | 2,543,354 | ||||
29,511 | Blackbaud Inc, (2) | 2,098,822 | ||||
15,860 | Blackline Inc, (2) | 1,840,712 |
Shares | Description (1) | Value | ||||
Information Technology (continued) | ||||||
11,996 | Box Inc., Class A, (2) | $255,515 | ||||
7,819 | CDK Global Inc | 419,020 | ||||
23,653 | Ciena Corp, (2) | 1,193,767 | ||||
23,457 | Cirrus Logic Inc, (2) | 1,745,435 | ||||
692 | Coherent Inc, (2) | 179,913 | ||||
69,544 | CommScope Holding Co Inc, (2) | 1,143,999 | ||||
1,211 | CommVault Systems Inc, (2) | 84,177 | ||||
12,217 | Concentrix Corp, (2) | 1,898,277 | ||||
148,596 | Conduent Inc, (2) | 1,010,453 | ||||
37,251 | Cree Inc, (2) | 3,703,494 | ||||
2,756 | CSG Systems International Inc | 126,748 | ||||
8,894 | CTS Corp | 289,233 | ||||
29,818 | Dolby Laboratories Inc., Class A | 3,025,632 | ||||
202,786 | DXC Technology Co, (2) | 6,673,687 | ||||
18,570 | Elastic NV, (2) | 2,239,913 | ||||
10,692 | ePlus Inc, (2) | 1,073,049 | ||||
29,703 | ExlService Holdings Inc, (2) | 2,743,963 | ||||
994 | Fabrinet, (2) | 85,106 | ||||
1,074 | FARO Technologies Inc, (2) | 81,458 | ||||
52,412 | First Solar Inc, (2) | 4,011,090 | ||||
20,906 | Five9 Inc, (2) | 3,929,701 | ||||
64,841 | Flex Ltd, (2) | 1,128,233 | ||||
38,546 | FLIR Systems Inc | 2,311,604 | ||||
12,396 | Harmonic Inc, (2) | 96,937 | ||||
51,344 | Inseego Corp, (2), (3) | 455,935 | ||||
24,456 | Insight Enterprises Inc, (2) | 2,454,649 | ||||
23,697 | Itron Inc, (2) | 2,131,308 | ||||
21,653 | Kimball Electronics Inc, (2) | 498,236 | ||||
4,282 | Knowles Corp, (2) | 89,494 | ||||
54,862 | Kulicke & Soffa Industries Inc | 3,118,905 | ||||
1,072 | Littelfuse Inc | 284,337 | ||||
19,588 | Lumentum Holdings Inc, (2) | 1,665,959 | ||||
10,321 | Manhattan Associates Inc, (2) | 1,416,454 | ||||
5,683 | Methode Electronics Inc | 255,337 | ||||
26,189 | Mimecast Ltd, (2) | 1,137,126 | ||||
8,845 | Model N Inc, (2) | 351,854 | ||||
67,276 | National Instruments Corp | 2,785,899 | ||||
113,425 | NCR Corp, (2) | 5,189,194 | ||||
24,959 | New Relic Inc, (2) | 1,604,864 | ||||
5,967 | Novanta Inc, (2) | 785,914 | ||||
67,476 | Nutanix Inc, (2) | 1,824,551 |
Shares | Description (1) | Value | ||||
Information Technology (continued) | ||||||
43,135 | Onto Innovation Inc, (2) | $2,955,610 | ||||
12,636 | OSI Systems Inc, (2) | 1,220,259 | ||||
1,931 | PAR Technology Corp, (2), (3) | 158,612 | ||||
9,120 | Paylocity Holding Corp, (2) | 1,762,349 | ||||
25,575 | Plantronics Inc, (2) | 1,022,744 | ||||
1,075 | Plexus Corp, (2) | 99,373 | ||||
12,351 | Progress Software Corp | 539,245 | ||||
24,633 | PROS Holdings Inc, (2) | 1,058,726 | ||||
1,836 | Qualys Inc, (2) | 186,097 | ||||
17,041 | Rackspace Technology Inc, (2) | 423,810 | ||||
94,224 | Rambus Inc, (2) | 1,788,372 | ||||
1,819 | Rapid7 Inc, (2) | 147,794 | ||||
64,581 | Ribbon Communications Inc, (2) | 435,922 | ||||
3,381 | Rogers Corp, (2) | 662,135 | ||||
231,382 | Sabre Corp, (2) | 3,466,102 | ||||
21,965 | ScanSource Inc, (2) | 664,002 | ||||
15,478 | Silicon Laboratories Inc, (2) | 2,181,624 | ||||
22,023 | Smartsheet Inc., Class A, (2) | 1,305,964 | ||||
13,239 | Sprout Social Inc., Class A, (2) | 877,613 | ||||
29,875 | SPS Commerce Inc, (2) | 3,060,395 | ||||
5,848 | SVMK Inc, (2) | 105,206 | ||||
33,029 | Sykes Enterprises Inc, (2) | 1,447,661 | ||||
73,417 | Teradata Corp, (2) | 3,631,939 | ||||
16,494 | TTEC Holdings Inc | 1,677,935 | ||||
21,206 | Universal Display Corp | 4,743,570 | ||||
4,963 | Viavi Solutions Inc, (2) | 81,195 | ||||
3,470 | Vishay Precision Group Inc, (2) | 110,624 | ||||
41,665 | Vontier Corp, (2) | 1,305,781 | ||||
34,602 | WEX Inc, (2) | 7,100,676 | ||||
7,336 | Workiva Inc, (2) | 689,584 | ||||
145,575 | Xerox Holdings Corp | 3,514,180 | ||||
31,697 | Zuora Inc., Class A, (2) | 513,491 | ||||
Total Information Technology | 133,066,585 | |||||
Materials – 5.1% | ||||||
20,540 | AptarGroup Inc | 3,097,637 | ||||
80,665 | Avient Corp | 4,095,362 | ||||
17,406 | Balchem Corp | 2,213,869 | ||||
1,969 | Clearwater Paper Corp, (2) | 65,883 | ||||
81,899 | Coeur Mining Inc, (2) | 661,744 | ||||
16,951 | Compass Minerals International Inc | 1,151,312 | ||||
29,561 | Domtar Corp, (2) | 1,165,295 |
Shares | Description (1) | Value | ||||
Materials (continued) | ||||||
5,119 | Graphic Packaging Holding Co | $94,957 | ||||
3,255 | Greif Inc | 194,681 | ||||
3,456 | Greif Inc., Class A | 209,122 | ||||
42,152 | HB Fuller Co | 2,816,597 | ||||
21,709 | Innospec Inc | 2,114,674 | ||||
18,438 | Koppers Holdings Inc, (2) | 612,879 | ||||
49,536 | Louisiana-Pacific Corp | 3,263,432 | ||||
18,028 | Materion Corp | 1,276,563 | ||||
12,041 | Minerals Technologies Inc | 940,884 | ||||
15,078 | Myers Industries Inc | 340,160 | ||||
1,652 | Neenah Inc | 87,837 | ||||
46,273 | Reliance Steel & Aluminum Co | 7,418,025 | ||||
8,662 | Royal Gold Inc | 968,931 | ||||
23,584 | Schnitzer Steel Industries Inc | 1,113,401 | ||||
9,182 | Scotts Miracle-Gro Co | 2,122,511 | ||||
16,452 | Stepan Co | 2,149,618 | ||||
26,976 | Trinseo SA | 1,670,084 | ||||
138,183 | Valvoline Inc | 4,338,946 | ||||
Total Materials | 44,184,404 | |||||
Real Estate – 9.5% | ||||||
4,711 | Alexander & Baldwin Inc | 86,353 | ||||
1,992 | Apartment Income REIT Corp | 89,939 | ||||
48,658 | Armada Hoffler Properties Inc | 663,209 | ||||
20,083 | Brandywine Realty Trust | 271,723 | ||||
83,838 | Brixmor Property Group Inc | 1,872,941 | ||||
42,744 | CatchMark Timber Trust Inc | 497,113 | ||||
10,649 | Centerspace | 749,583 | ||||
38,161 | City Office REIT Inc | 417,100 | ||||
362,029 | Colony Capital Inc, (2) | 2,534,203 | ||||
5,891 | Columbia Property Trust Inc | 106,097 | ||||
24,066 | CoreSite Realty Corp | 2,923,778 | ||||
4,281 | Corporate Office Properties Trust | 120,039 | ||||
2,344 | CubeSmart | 99,245 | ||||
31,753 | Cushman & Wakefield PLC, (2) | 539,801 | ||||
53,776 | CyrusOne Inc | 3,916,506 | ||||
167,200 | DiamondRock Hospitality Co, (2) | 1,742,224 | ||||
50,479 | Douglas Emmett Inc | 1,693,066 | ||||
71,168 | Easterly Government Properties Inc | 1,525,130 | ||||
128,084 | Empire State Realty Trust Inc | 1,458,877 | ||||
82,720 | Essential Properties Realty Trust Inc | 2,166,437 | ||||
12,019 | Federal Realty Investment Trust | 1,356,224 |
Shares | Description (1) | Value | ||||
Real Estate (continued) | ||||||
65,718 | First Industrial Realty Trust Inc | $3,270,785 | ||||
45,086 | Five Point Holdings LLC, Class A, (2) | 323,717 | ||||
14,984 | Four Corners Property Trust Inc | 432,588 | ||||
94,915 | Franklin Street Properties Corp | 501,151 | ||||
1,926 | Howard Hughes Corp, (2) | 207,892 | ||||
3,520 | Hudson Pacific Properties Inc | 98,947 | ||||
83,795 | Independence Realty Trust Inc | 1,411,108 | ||||
5,374 | iStar Inc | 99,473 | ||||
105,315 | JBG SMITH Properties | 3,434,322 | ||||
8,423 | Jones Lang LaSalle Inc, (2) | 1,582,766 | ||||
87,681 | Kennedy-Wilson Holdings Inc | 1,801,845 | ||||
40,834 | Kilroy Realty Corp | 2,798,762 | ||||
131,959 | Kimco Realty Corp | 2,771,139 | ||||
2,757 | Life Storage Inc | 264,837 | ||||
98,066 | Macerich Co | 1,352,330 | ||||
20,987 | Marcus & Millichap Inc, (2) | 741,261 | ||||
99,079 | MGM Growth Properties LLC | 3,568,826 | ||||
52,612 | Outfront Media Inc, (2) | 1,282,154 | ||||
153,670 | Park Hotels & Resorts Inc, (2) | 3,428,378 | ||||
31,559 | Physicians Realty Trust | 591,100 | ||||
66,692 | Piedmont Office Realty Trust Inc | 1,241,805 | ||||
59,006 | PotlatchDeltic Corp | 3,502,596 | ||||
30,229 | QTS Realty Trust Inc., Class A | 2,009,926 | ||||
117,277 | Rayonier Inc | 4,254,810 | ||||
60,759 | Realogy Holdings Corp, (2) | 1,049,915 | ||||
45,836 | Rexford Industrial Realty Inc | 2,546,190 | ||||
58,738 | RLJ Lodging Trust | 948,031 | ||||
13,196 | RMR Group Inc | 522,298 | ||||
8,790 | SITE Centers Corp | 129,652 | ||||
28,569 | SL Green Realty Corp | 2,114,392 | ||||
15,507 | St Joe Co | 710,065 | ||||
181,410 | Sunstone Hotel Investors Inc, (2) | 2,387,356 | ||||
81,833 | Tanger Factory Outlet Centers Inc | 1,427,986 | ||||
6,612 | Tejon Ranch Co, (2) | 104,602 | ||||
145,601 | Uniti Group Inc | 1,659,851 | ||||
36,976 | Washington Real Estate Investment Trust | 858,583 | ||||
99,242 | Xenia Hotels & Resorts Inc, (2) | 1,928,272 | ||||
Total Real Estate | 82,189,299 | |||||
Utilities – 1.6% | ||||||
20,007 | American States Water Co | 1,584,354 | ||||
61,227 | NextEra Energy Partners LP | 4,564,473 |
Shares | Description (1) | Value | ||||
Utilities (continued) | ||||||
33,989 | Ormat Technologies Inc | $2,460,804 | ||||
49,544 | Southwest Gas Holdings Inc | 3,454,208 | ||||
45,083 | Sunnova Energy International Inc, (2) | 1,592,331 | ||||
Total Utilities | 13,656,170 | |||||
Total Long-Term Investments (cost $671,036,220) | 859,523,634 |
Shares | Description (1) | Coupon | Value | |||
INVESTMENTS PURCHASED WITH COLLATERAL FROM SECURITIES LENDING – 0.4% | ||||||
MONEY MARKET FUNDS – 0.4% | ||||||
2,874,822 | State Street Navigator Securities Lending Government Money Market Portfolio, (5) | 0.020% (6) | $ 2,874,822 | |||
Total Investments Purchased with Collateral from Securities Lending (cost $2,874,822) | 2,874,822 |
Principal Amount (000) | Description (1) | Coupon | Maturity | Ratings (7) | Value | |
SHORT-TERM INVESTMENTS – 0.1% | ||||||
U.S. GOVERNMENT AND AGENCY OBLIGATIONS – 0.1% | ||||||
$ 150 | Federal Agricultural Mortgage Corp Discount Notes | 0.000% | 5/03/21 | N/R | $150,000 | |
1,000 | Federal Home Loan Bank Discount Notes | 0.000% | 5/19/21 | N/R | 999,998 | |
Total Short-Term Investments (cost $1,149,998) | 1,149,998 | |||||
Total Investments (cost $675,061,040) – 100.4% | 863,548,454 | |||||
Other Assets Less Liabilities – (0.4)% | (3,042,534) | |||||
Net Assets – 100% | $ 860,505,920 |
For Fund portfolio compliance purposes, the Fund’s industry classifications refer to any one or more of the industry sub-classifications used by one or more widely recognized market indexes or ratings group indexes, and/or as defined by Fund management. This definition may not apply for purposes of this report, which may combine industry sub-classifications into sectors for reporting ease. | ||
(1) | All percentages shown in the Portfolio of Investments are based on net assets. | |
(2) | Non-income producing; issuer has not declared an ex-dividend date within the past twelve months. | |
(3) | Investment, or a portion of investment, is out on loan for securities lending. The total value of the securities out on loan as of the end of the reporting period was $2,737,616. | |
(4) | Investment valued at fair value using methods determined in good faith by, or at the discretion of, the Board. For fair value measurement disclosure purposes, investment classified as Level 3. See Notes to Financial Statements, Note 3 - Investment Valuation and Fair Value Measurements for more information. | |
(5) | The Fund may loan securities representing up to one third of the fair value of its total assets (which includes collateral for securities on loan) to broker dealers, banks, and other institutions. The Fund maintains collateral equal to at least 100% of the fair value of the securities loaned. The cash collateral received by the Fund is invested in this money market fund. See Notes to Financial Statements, Note 4 – Portfolio Securities and Investments in Derivatives for more information. | |
(6) | The rate shown is the one-day yield as of the end of the reporting period. | |
(7) | For financial reporting purposes, the ratings disclosed are the highest of Standard & Poor’s Group (“Standard & Poor’s”), Moody’s Investors Service, Inc. (“Moody’s”) or Fitch, Inc. (“Fitch”) rating. This treatment of split-rated securities may differ from that used for other purposes, such as for Fund investment policies. Ratings below BBB by Standard & Poor’s, Baa by Moody’s or BBB by Fitch are considered to be below investment grade. Holdings designated N/R are not rated by any of these national rating agencies. | |
REIT | Real Estate Investment Trust |
NUEM | NUDM | NULC | NULG | NULV | NUMG | NUMV | NUSC | |
Assets | ||||||||
Long-term investments, at value (cost $72,898,741, $99,729,072, $17,488,033, $525,431,770, $767,165,728, $242,111,083, $163,910,173 and $671,036,220, respectively)(1) | $92,112,229 | $113,458,291 | $23,272,010 | $658,956,334 | $915,447,171 | $305,195,122 | $217,401,875 | $859,523,634 |
Investment purchased with collateral from securities lending (at cost, which approximates value) | — | — | 21,248 | 3,319,348 | — | — | — | 2,874,822 |
Short-term investments, at value (cost approximates value) | 257,000 | 226,000 | — | 1,084,000 | 914,000 | 300,000 | 173,000 | 1,149,998 |
Cash | 1,493 | 1,784 | 41,457 | 666 | 6,653 | 99,793 | 29,691 | — |
Cash denominated in foreign currencies (cost $1,465, $55,828, $—, $—, $—, $—, $—and $—, respectively) | 1,467 | 55,515 | — | — | — | — | — | — |
Receivable for: | ||||||||
Capital Gains Tax Refund | 22,126 | — | — | — | — | — | — | — |
Dividends | 109,321 | 354,789 | 26,025 | 207,956 | 1,828,119 | 59,686 | 254,136 | 140,047 |
Reclaims | 182 | 139,018 | 490 | 7,937 | 13,147 | — | — | — |
Securities lending income | 10,127 | 5 | 33 | 4,232 | 2 | — | — | 26,534 |
Shares sold | — | — | — | — | 3,754,490 | — | — | — |
Other Assets | 514 | — | — | 2,081 | 4,704 | 323 | — | 2,679 |
Total assets | 92,514,459 | 114,235,402 | 23,361,263 | 663,582,554 | 921,968,286 | 305,654,924 | 217,858,702 | 863,717,714 |
Liabilities | ||||||||
Cash overdraft | — | — | — | — | — | — | — | 31,170 |
Payable for: | ||||||||
Capital gains tax | 111,959 | — | — | — | — | — | — | — |
Collateral from securities lending program | — | — | 21,248 | 3,319,348 | — | — | — | 2,874,822 |
Investments purchased - regular settlement | 384 | — | — | — | 3,745,892 | — | — | — |
Accrued expenses: | ||||||||
Management fees | 35,827 | 37,906 | 4,060 | 197,848 | 273,023 | 105,429 | 72,342 | 291,052 |
Professional fees | 869 | 964 | 230 | 5,937 | 8,046 | 3,105 | 1,836 | 6,823 |
Trustees fees | 914 | 1,109 | 289 | 5,608 | 8,777 | 3,545 | 2,114 | 6,513 |
Other | — | — | — | 1,343 | 1,929 | — | — | 1,414 |
Total liabilities | 149,953 | 39,979 | 25,827 | 3,530,084 | 4,037,667 | 112,079 | 76,292 | 3,211,794 |
Net assets | $92,364,506 | $114,195,423 | $23,335,436 | $660,052,470 | $917,930,619 | $305,542,845 | $217,782,410 | $860,505,920 |
Shares outstanding | 2,600,000 | 3,700,000 | 600,000 | 10,750,000 | 24,600,000 | 5,800,000 | 6,000,000 | 19,300,000 |
Net asset value ("NAV") per share | $ 35.52 | $ 30.86 | $ 38.89 | $ 61.40 | $ 37.31 | $ 52.68 | $ 36.30 | $ 44.59 |
Net assets consist of: | ||||||||
Capital paid-in | $79,612,283 | $102,051,522 | $16,937,953 | $506,034,828 | $745,579,597 | $219,979,340 | $162,944,878 | $635,991,362 |
Total distributable earnings | 12,752,223 | 12,143,901 | 6,397,483 | 154,017,642 | 172,351,022 | 85,563,505 | 54,837,532 | 224,514,558 |
Net assets | $92,364,506 | $114,195,423 | $23,335,436 | $660,052,470 | $917,930,619 | $305,542,845 | $217,782,410 | $860,505,920 |
Authorized shares | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited | Unlimited |
Par value per share | $ 0.01 | $ 0.01 | $ 0.01 | $ 0.01 | $ 0.01 | $ 0.01 | $ 0.01 | $ 0.01 |
(1) | Includes securities loaned of $20,586, $3,215,957 and $2,737,616 for NULC, NULG and NUSC, respectively. |
NUEM | NUDM | NULC | NULG | NULV | NUMG | NUMV | NUSC | |
Investment Income | ||||||||
Investment Income | $ 608,455 | $ 1,294,339 | $ 150,115 | $ 1,218,902 | $ 9,189,061 | $ 452,072 | $ 1,399,193 | $ 4,086,863 |
Securities lending income, net | 10,127 | 9 | 33 | 4,232 | 30,589 | — | 1,232 | 54,289 |
Foreign tax withheld on dividend income | (80,236) | (110,513) | — | — | — | — | — | (5,220) |
Total investment income | 538,346 | 1,183,835 | 150,148 | 1,223,134 | 9,219,650 | 452,072 | 1,400,425 | 4,135,932 |
Expenses | ||||||||
Management fees | 173,547 | 174,964 | 20,592 | 905,155 | 1,275,227 | 523,252 | 333,106 | 1,268,930 |
Professional fees | 853 | 945 | 225 | 5,836 | 7,895 | 3,048 | 1,801 | 6,713 |
Trustees fees | 913 | 1,107 | 288 | 6,105 | 9,552 | 3,548 | 2,116 | 7,078 |
Other | 82 | — | — | — | — | — | — | — |
Total expenses | 175,395 | 177,016 | 21,105 | 917,096 | 1,292,674 | 529,848 | 337,023 | 1,282,721 |
Net investment income (loss) | 362,951 | 1,006,819 | 129,043 | 306,038 | 7,926,976 | (77,776) | 1,063,402 | 2,853,211 |
Realized and Unrealized Gain (Loss) | ||||||||
Net realized gain (loss) from: | ||||||||
Investments and foreign currency and foreign currency | 2,629,935 | 2,639,004 | 537,957 | 12,286,881 | 14,436,216 | 19,030,117 | 6,526,261 | 36,655,599 |
In-kind redemptions | — | — | — | 8,159,690 | 11,096,983 | 3,709,342 | — | 1,716,397 |
Change in net unrealized appreciation (depreciation) of investments and foreign currency | 10,091,504 | 15,030,738 | 4,526,857 | 89,207,151 | 157,129,465 | 35,023,692 | 48,999,008 | 156,637,548 |
Net realized and unrealized gain (loss) | 12,721,439 | 17,669,742 | 5,064,814 | 109,653,722 | 182,662,664 | 57,763,151 | 55,525,269 | 195,009,544 |
Net increase (decrease) in net assets from operations | $13,084,390 | $18,676,561 | $5,193,857 | $109,959,760 | $190,589,640 | $57,685,375 | $56,588,671 | $197,862,755 |
NUEM | NUDM | ||||
Unaudited Six Months Ended 4/30/21 | Year Ended 10/31/20 | Unaudited Six Months Ended 4/30/21 | Year Ended 10/31/20 | ||
Operations | |||||
Net investment income (loss) | $ 362,951 | $ 763,309 | $ 1,006,819 | $ 1,156,154 | |
Net realized gain (loss) from: | |||||
Investments and foreign currency | 2,629,935 | (5,403,584) | 2,639,004 | (2,030,056) | |
In-kind redemptions | — | (293,179) | — | 1,935,815 | |
Change in net unrealized appreciation (depreciation) of investments and foreign currency | 10,091,504 | 8,514,368 | 15,030,738 | (5,058,657) | |
Net increase (decrease) in net assets from operations | 13,084,390 | 3,580,914 | 18,676,561 | (3,996,744) | |
Distributions to Shareholders | |||||
Dividends | (843,800) | (1,191,300) | (1,159,650) | (1,843,400) | |
Decrease in net assets from distributions to shareholders | (843,800) | (1,191,300) | (1,159,650) | (1,843,400) | |
Fund Share Transactions | |||||
Proceeds from shares sold | 33,428,504 | 11,165,263 | 43,158,455 | 19,293,749 | |
Cost of shares redeemed | — | (23,113,970) | — | (26,786,180) | |
Net increase (decrease) in net assets from Fund share transactions | 33,428,504 | (11,948,707) | 43,158,455 | (7,492,431) | |
Net increase (decrease) in net assets | 45,669,094 | (9,559,093) | 60,675,366 | (13,332,575) | |
Net assets at the beginning of period | 46,695,412 | 56,254,505 | 53,520,057 | 66,852,632 | |
Net assets at the end of period | $92,364,506 | $ 46,695,412 | $114,195,423 | $ 53,520,057 |
NULC | NULG | ||||
Unaudited Six Months Ended 4/30/21 | Year Ended 10/31/20 | Unaudited Six Months Ended 4/30/21 | Year Ended 10/31/20 | ||
Operations | |||||
Net investment income (loss) | $ 129,043 | $ 255,435 | $ 306,038 | $ 852,764 | |
Net realized gain (loss) from: | |||||
Investments and foreign currency | 537,957 | 509,675 | 12,286,881 | 10,491,776 | |
In-kind redemptions | — | 85,192 | 8,159,690 | 9,595,121 | |
Change in net unrealized appreciation (depreciation) of investments and foreign currency | 4,526,857 | 671,696 | 89,207,151 | 39,445,744 | |
Net increase (decrease) in net assets from operations | 5,193,857 | 1,521,998 | 109,959,760 | 60,385,405 | |
Distributions to Shareholders | |||||
Dividends | (781,000) | (91,800) | (11,336,250) | (1,371,300) | |
Decrease in net assets from distributions to shareholders | (781,000) | (91,800) | (11,336,250) | (1,371,300) | |
Fund Share Transactions | |||||
Proceeds from shares sold | 1,843,520 | 13,875,505 | 240,144,615 | 240,116,860 | |
Cost of shares redeemed | — | (6,630,100) | (23,418,585) | (38,217,265) | |
Net increase (decrease) in net assets from Fund share transactions | 1,843,520 | 7,245,405 | 216,726,030 | 201,899,595 | |
Net increase (decrease) in net assets | 6,256,377 | 8,675,603 | 315,349,540 | 260,913,700 | |
Net assets at the beginning of period | 17,079,059 | 8,403,456 | 344,702,930 | 83,789,230 | |
Net assets at the end of period | $23,335,436 | $17,079,059 | $660,052,470 | $344,702,930 |
NULV | NUMG | ||||
Unaudited Six Months Ended 4/30/21 | Year Ended 10/31/20 | Unaudited Six Months Ended 4/30/21 | Year Ended 10/31/20 | ||
Operations | |||||
Net investment income (loss) | $ 7,926,976 | $ 7,466,383 | $ (77,776) | $ 84,917 | |
Net realized gain (loss) from: | |||||
Investments and foreign currency | 14,436,216 | (6,207,055) | 19,030,117 | 9,721,815 | |
In-kind redemptions | 11,096,983 | 2,086,040 | 3,709,342 | 1,601,784 | |
Change in net unrealized appreciation (depreciation) of investments and foreign currency | 157,129,465 | (13,711,403) | 35,023,692 | 24,595,440 | |
Net increase (decrease) in net assets from operations | 190,589,640 | (10,366,035) | 57,685,375 | 36,003,956 | |
Distributions to Shareholders | |||||
Dividends | (9,383,400) | (1,925,600) | (9,360,450) | (158,565) | |
Decrease in net assets from distributions to shareholders | (9,383,400) | (1,925,600) | (9,360,450) | (158,565) | |
Fund Share Transactions | |||||
Proceeds from shares sold | 244,511,600 | 466,973,250 | 74,129,900 | 114,305,485 | |
Cost of shares redeemed | (43,015,010) | (14,023,180) | (10,127,755) | (10,156,730) | |
Net increase (decrease) in net assets from Fund share transactions | 201,496,590 | 452,950,070 | 64,002,145 | 104,148,755 | |
Net increase (decrease) in net assets | 382,702,830 | 440,658,435 | 112,327,070 | 139,994,146 | |
Net assets at the beginning of period | 535,227,789 | 94,569,354 | 193,215,775 | 53,221,629 | |
Net assets at the end of period | $917,930,619 | $535,227,789 | $305,542,845 | $193,215,775 |
NUMV | NUSC | ||||
Unaudited Six Months Ended 4/30/21 | Year Ended 10/31/20 | Unaudited Six Months Ended 4/30/21 | Year Ended 10/31/20 | ||
Operations | |||||
Net investment income (loss) | $ 1,063,402 | $ 1,808,660 | $ 2,853,211 | $ 2,446,835 | |
Net realized gain (loss) from: | |||||
Investments and foreign currency | 6,526,261 | (4,217,352) | 36,655,599 | (622,903) | |
In-kind redemptions | — | 2,303,883 | 1,716,397 | 3,150,948 | |
Change in net unrealized appreciation (depreciation) of investments and foreign currency | 48,999,008 | 1,901,527 | 156,637,548 | 27,550,720 | |
Net increase (decrease) in net assets from operations | 56,588,671 | 1,796,718 | 197,862,755 | 32,525,600 | |
Distributions to Shareholders | |||||
Dividends | (2,019,540) | (1,230,460) | (2,657,985) | (1,786,255) | |
Decrease in net assets from distributions to shareholders | (2,019,540) | (1,230,460) | (2,657,985) | (1,786,255) | |
Fund Share Transactions | |||||
Proceeds from shares sold | 43,972,355 | 79,612,400 | 299,496,039 | 179,693,885 | |
Cost of shares redeemed | — | (15,510,375) | (3,828,860) | (8,314,620) | |
Net increase (decrease) in net assets from Fund share transactions | 43,972,355 | 64,102,025 | 295,667,179 | 171,379,265 | |
Net increase (decrease) in net assets | 98,541,486 | 64,668,283 | 490,871,949 | 202,118,610 | |
Net assets at the beginning of period | 119,240,924 | 54,572,641 | 369,633,971 | 167,515,361 | |
Net assets at the end of period | $217,782,410 | $119,240,924 | $860,505,920 | $369,633,971 |
Investment Operations | Less Distributions | |||||||||
Year Ended October 31, | Beginning NAV | Net Investment Income (Loss)(a) | Net Realized/ Unrealized Gain (Loss) | Total | From Net Investment Income | From Accumulated Net Realized Gains | Total | Ending NAV | Ending Market Price | |
NUEM | ||||||||||
2021(d) | $29.18 | $0.16 | $ 6.60 | $ 6.76 | $(0.42) | $ — | $(0.42) | $35.52 | $35.59 | |
2020 | 25.57 | 0.40 | 3.75 | 4.15 | (0.54) | — | (0.54) | 29.18 | 29.37 | |
2019 | 23.78 | 0.58 | 1.70 | 2.28 | (0.49) | — | (0.49) | 25.57 | 25.71 | |
2018 | 27.69 | 0.59 | (4.31) | (3.72) | (0.18) | (0.01) | (0.19) | 23.78 | 23.92 | |
2017(e) | 24.95 | 0.20 | 2.54 | 2.74 | — | — | — | 27.69 | 28.05 | |
NUDM | ||||||||||
2021(d) | 24.33 | 0.34 | 6.62 | 6.96 | (0.43) | — | (0.43) | 30.86 | 30.93 | |
2020 | 26.74 | 0.54 | (2.03) | (1.49) | (0.92) | — | (0.92) | 24.33 | 24.50 | |
2019 | 24.10 | 0.75 | 2.44 | 3.19 | (0.55) | — | (0.55) | 26.74 | 26.86 | |
2018 | 26.39 | 0.71 | (2.87) | (2.16) | (0.12) | (0.01) | (0.13) | 24.10 | 24.12 | |
2017(e) | 24.88 | 0.17 | 1.34 | 1.51 | — | — | — | 26.39 | 26.57 | |
NULC | ||||||||||
2021(d) | 31.05 | 0.23 | 9.03 | 9.26 | (0.48) | (0.94) | (1.42) | 38.89 | 38.93 | |
2020 | 28.01 | 0.53 | 2.74 | 3.27 | (0.21) | (0.02) | (0.23) | 31.05 | 30.95 | |
2019(f) | 24.96 | 0.19 | 2.86 | 3.05 | — | — | — | 28.01 | 27.99 | |
NULG | ||||||||||
2021(d) | 49.60 | 0.03 | 13.28 | 13.31 | (0.11) | (1.40) | (1.51) | 61.40 | 61.41 | |
2020 | 38.97 | 0.18 | 10.91 | 11.09 | (0.20) | (0.26) | (0.46) | 49.60 | 49.54 | |
2019 | 33.84 | 0.29 | 5.96 | 6.25 | (0.24) | (0.88) | (1.12) | 38.97 | 39.00 | |
2018 | 30.47 | 0.25 | 3.31 | 3.56 | (0.09) | (0.10) | (0.19) | 33.84 | 33.87 | |
2017(g) | 25.21 | 0.24 | 5.02 | 5.26 | — | — | — | 30.47 | 30.53 |
Ratios/Supplemental Data | |||||
Total Return | Ratios to Average Net Assets | ||||
Based on NAV(b) | Based on Market Price(b) | Ending Net Assets (000) | Expenses | Net Investment Income (Loss) | Portfolio Turnover Rate(c) |
23.27% | 22.71% | $ 92,365 | 0.45%* | 0.94%* | 33% |
16.41 | 16.47 | 46,695 | 0.45 | 1.56 | 81 |
9.68 | 9.70 | 56,255 | 0.45 | 2.30 | 53 |
(13.55) | (14.18) | 35,676 | 0.45 | 2.12 | 65 |
11.03 | 12.42 | 24,917 | 0.45* | 1.86* | 13 |
28.74 | 28.09 | 114,195 | 0.40* | 2.30* | 36 |
(5.91) | (5.67) | 53,520 | 0.40 | 2.17 | 66 |
13.71 | 14.10 | 66,853 | 0.40 | 3.03 | 57 |
(8.25) | (8.79) | 43,384 | 0.40 | 2.71 | 56 |
6.07 | 6.78 | 23,755 | 0.40* | 1.65* | 9 |
30.38 | 30.93 | 23,335 | 0.20* | 1.25* | 24 |
11.71 | 11.43 | 17,079 | 0.20 | 1.81 | 61 |
12.22 | 12.14 | 8,403 | 0.20* | 1.75* | 9 |
27.14 | 27.31 | 660,052 | 0.35* | 0.12* | 27 |
28.66 | 28.42 | 344,703 | 0.35 | 0.39 | 86 |
19.57 | 19.53 | 83,789 | 0.35 | 0.82 | 61 |
11.70 | 11.61 | 59,212 | 0.35 | 0.73 | 65 |
20.88 | 21.10 | 24,380 | 0.35* | 0.98* | 30 |
(a) | Per share Net Investment Income (Loss) is calculated using the average daily shares method. |
(b) | Total Return Based on NAV reflects the change in NAV over the period, including the assumed reinvestment of distributions, if any, at NAV on each ex-dividend payment date during the period. Total Return Based on Market Price reflects the change in the market price per share over the period, including the assumed reinvestment of distributions, if any, at the ending market price per share on each ex-dividend payment date during the period. Total returns are not annualized. |
(c) | Portfolio Turnover Rate is calculated based on the lesser of long-term purchases or sales (as disclosed in Note 4 - Investment Transactions) divided by the average long-term market value during the period. Portfolio Turnover Rate excludes securities received or delivered as a result of processing in-kind creations or redemptions of Fund shares (as disclosed in Note 5 - Fund Shares). |
(d) | Unaudited. For the six months ended April 30, 2021. |
(e) | For the period June 6, 2017 (commencement of operations) through October 31, 2017. |
(f) | For the period June 3, 2019 (commencement of operations) through October 31, 2019. |
(g) | For the period December 13, 2016 (commencement of operations) through October 31, 2017. |
* | Annualized. |
Investment Operations | Less Distributions | |||||||||
Year Ended October 31, | Beginning NAV | Net Investment Income (Loss)(a) | Net Realized/ Unrealized Gain (Loss) | Total | From Net Investment Income | From Accumulated Net Realized Gains | Total | Ending NAV | Ending Market Price | |
NULV | ||||||||||
2021(d) | $28.62 | $ 0.37 | $ 8.79 | $ 9.16 | $(0.47) | $ — | $(0.47) | $37.31 | $37.34 | |
2020 | 31.52 | 0.77 | (3.19) | (2.42) | (0.48) | — | (0.48) | 28.62 | 28.65 | |
2019 | 28.75 | 0.74 | 3.00 | 3.74 | (0.57) | (0.40) | (0.97) | 31.52 | 31.52 | |
2018 | 27.83 | 0.71 | 0.56 | 1.27 | (0.27) | (0.08) | (0.35) | 28.75 | 28.80 | |
2017(e) | 25.09 | 0.53 | 2.21 | 2.74 | — | — | — | 27.83 | 27.88 | |
NUMG | ||||||||||
2021(d) | 42.94 | (0.01) | 11.64 | 11.63 | (0.02) | (1.87) | (1.89) | 52.68 | 52.68 | |
2020 | 33.26 | 0.03 | 9.75 | 9.78 | (0.10) | — | (0.10) | 42.94 | 42.83 | |
2019 | 29.93 | 0.06 | 4.62 | 4.68 | (0.06) | (1.29) | (1.35) | 33.26 | 33.32 | |
2018 | 28.44 | 0.07 | 1.58 | 1.65 | (0.04) | (0.12) | (0.16) | 29.93 | 30.12 | |
2017(e) | 25.10 | 0.09 | 3.25 | 3.34 | — | — | — | 28.44 | 28.46 | |
NUMV | ||||||||||
2021(d) | 25.64 | 0.20 | 10.88 | 11.08 | (0.42) | — | (0.42) | 36.30 | 36.28 | |
2020 | 29.50 | 0.57 | (3.71) | (3.14) | (0.72) | — | (0.72) | 25.64 | 25.67 | |
2019 | 27.04 | 0.64 | 2.78 | 3.42 | (0.62) | (0.34) | (0.96) | 29.50 | 29.57 | |
2018 | 27.00 | 0.65 | (0.38) | 0.27 | (0.19) | (0.04) | (0.23) | 27.04 | 27.09 | |
2017(e) | 25.04 | 0.48 | 1.48 | 1.96 | — | — | — | 27.00 | 27.01 | |
NUSC | ||||||||||
2021(d) | 30.68 | 0.55 | 13.78 | 14.33 | (0.42) | — | (0.42) | 44.59 | 44.61 | |
2020 | 29.65 | 0.28 | 1.03 | 1.31 | (0.28) | — | (0.28) | 30.68 | 30.74 | |
2019 | 28.23 | 0.34 | 2.06 | 2.40 | (0.27) | (0.71) | (0.98) | 29.65 | 29.70 | |
2018 | 27.84 | 0.35 | 0.30 | 0.65 | (0.18) | (0.08) | (0.26) | 28.23 | 28.27 | |
2017(e) | 25.01 | 0.27 | 2.56 | 2.83 | — | — | — | 27.84 | 27.89 |
Ratios/Supplemental Data | |||||
Total Return | Ratios to Average Net Assets | ||||
Based on NAV(b) | Based on Market Price(b) | Ending Net Assets (000) | Expenses | Net Investment Income (Loss) | Portfolio Turnover Rate(c) |
32.23% | 32.19% | $917,931 | 0.35%* | 2.17%* | 29% |
(7.87) | (7.78) | 535,228 | 0.35 | 2.63 | 38 |
13.80 | 13.59 | 94,569 | 0.35 | 2.51 | 66 |
4.57 | 4.56 | 45,995 | 0.35 | 2.46 | 59 |
10.90 | 11.11 | 27,828 | 0.35* | 2.30* | 33 |
27.42 | 27.72 | 305,543 | 0.40* | (0.06)* | 35 |
29.43 | 28.90 | 193,216 | 0.40 | 0.08 | 94 |
16.93 | 16.41 | 53,222 | 0.40 | 0.19 | 67 |
5.84 | 6.41 | 49,388 | 0.40 | 0.23 | 60 |
13.30 | 13.38 | 21,330 | 0.40* | 0.38* | 53 |
43.51 | 43.29 | 217,782 | 0.40* | 1.28* | 31 |
(10.98) | (11.11) | 119,241 | 0.40 | 2.25 | 72 |
13.51 | 13.57 | 54,573 | 0.40 | 2.31 | 70 |
0.97 | 1.13 | 47,318 | 0.40 | 2.30 | 69 |
7.82 | 7.86 | 22,951 | 0.40* | 2.12* | 46 |
46.10 | 45.87 | 860,506 | 0.40* | 0.90* | 8 |
4.40 | 4.44 | 369,634 | 0.40 | 0.98 | 54 |
9.24 | 9.26 | 167,515 | 0.40 | 1.17 | 32 |
2.32 | 2.30 | 80,447 | 0.40 | 1.17 | 54 |
11.34 | 11.54 | 30,629 | 0.40* | 1.17* | 36 |
(a) | Per share Net Investment Income (Loss) is calculated using the average daily shares method. |
(b) | Total Return Based on NAV reflects the change in NAV over the period, including the assumed reinvestment of distributions, if any, at NAV on each ex-dividend payment date during the period. Total Return Based on Market Price reflects the change in the market price per share over the period, including the assumed reinvestment of distributions, if any, at the ending market price per share on each ex-dividend payment date during the period. Total returns are not annualized. |
(c) | Portfolio Turnover Rate is calculated based on the lesser of long-term purchases or sales (as disclosed in Note 4 - Investment Transactions) divided by the average long-term market value during the period. Portfolio Turnover Rate excludes securities received or delivered as a result of processing in-kind creations or redemptions of Fund shares (as disclosed in Note 5 - Fund Shares). |
(d) | Unaudited. For the six months ended April 30, 2021. |
(e) | For the period December 13, 2016 (commencement of operations) through October 31, 2017. |
* | Annualized. |
NUEM | Value | % of Net Assets |
Country: | ||
China | $34,442,221 | 37.3% |
Taiwan | 14,082,392 | 15.2 |
South Korea | 11,881,627 | 12.9 |
India | 9,330,837 | 10.1 |
Brazil | 4,055,924 | 4.4 |
South Africa | 3,646,378 | 4.0 |
Saudi Arabia | 2,799,889 | 3.0 |
Thailand | 1,627,296 | 1.8 |
Mexico | 1,524,592 | 1.7 |
Malaysia | 1,495,633 | 1.6 |
Other | 7,139,268 | 7.6 |
Total non-U.S. securities | $92,026,057 | 99.6% |
NUDM | Value | % of Net Assets |
Country: | ||
Japan | $ 26,578,015 | 23.3% |
United Kingdom | 15,941,753 | 14.0 |
France | 11,278,911 | 9.9 |
Switzerland | 10,978,819 | 9.6 |
Germany | 10,314,952 | 9.0 |
Australia | 8,164,657 | 7.1 |
Netherlands | 3,766,669 | 3.3 |
Italy | 3,275,317 | 2.9 |
Sweden | 3,239,226 | 2.8 |
Hong Kong | 2,725,204 | 2.4 |
Other | 16,343,388 | 14.4 |
Total non-U.S. securities | $112,606,911 | 98.7% |
NUEM | Level 1 | Level 2 | Level 3 | Total |
Long-Term Investments*: | ||||
Common Stocks | $89,293,122 | $1,600,922** | $1,218,185*** | $92,112,229 |
Common Stock Rights | — | — | —**** | —**** |
Short-Term Investments: | ||||
U.S. Government and Agency Obligations | — | 257,000 | — | 257,000 |
Total | $89,293,122 | $1,857,922 | $1,218,185 | $92,369,229 |
NUDM | Level 1 | Level 2 | Level 3 | Total |
Long-Term Investments*: | ||||
Common Stocks | $113,103,145 | $ — | $354,946*** | $113,458,091 |
Warrants | 200 | — | — | 200 |
Short-Term Investments: | ||||
U.S. Government and Agency Obligations | — | 226,000 | — | 226,000 |
Total | $113,103,345 | $226,000 | $354,946 | $113,684,291 |
NULC | Level 1 | Level 2 | Level 3 | Total |
Long-Term Investments*: | ||||
Common Stocks | $23,272,010 | $ — | $ — | $23,272,010 |
Investments Purchased with Collateral from Securities Lending | 21,248 | — | — | 21,248 |
Total | $23,293,258 | $ — | $ — | $23,293,258 |
NULG | Level 1 | Level 2 | Level 3 | Total |
Long-Term Investments*: | ||||
Common Stocks | $658,956,334 | $ — | $ — | $658,956,334 |
Investments Purchased with Collateral from Securities Lending | 3,319,348 | — | — | 3,319,348 |
Short-Term Investments: | ||||
U.S. Government and Agency Obligations | — | 1,084,000 | — | 1,084,000 |
Total | $662,275,682 | $1,084,000 | $ — | $663,359,682 |
NULV | Level 1 | Level 2 | Level 3 | Total |
Long-Term Investments*: | ||||
Common Stocks | $915,447,171 | $ — | $ — | $915,447,171 |
Short-Term Investments: | ||||
U.S. Government and Agency Obligations | — | 914,000 | — | 914,000 |
Total | $915,447,171 | $914,000 | $ — | $916,361,171 |
NUMG | Level 1 | Level 2 | Level 3 | Total |
Long-Term Investments*: | ||||
Common Stocks | $305,195,122 | $ — | $ — | $305,195,122 |
Short-Term Investments: | ||||
U.S. Government and Agency Obligations | — | 300,000 | — | 300,000 |
Total | $305,195,122 | $300,000 | $ — | $305,495,122 |
NUMV | Level 1 | Level 2 | Level 3 | Total |
Long-Term Investments*: | ||||
Common Stocks | $217,401,875 | $ — | $ — | $217,401,875 |
Short-Term Investments: | ||||
U.S. Government and Agency Obligations | — | 173,000 | — | 173,000 |
Total | $217,401,875 | $173,000 | $ — | $217,574,875 |
NUSC | Level 1 | Level 2 | Level 3 | Total |
Long-Term Investments*: | ||||
Common Stocks | $859,503,207 | $ — | $20,427*** | $859,523,634 |
Investments Purchased with Collateral from Securities Lending | 2,874,822 | — | — | 2,874,822 |
Short-Term Investments: | ||||
U.S. Government and Agency Obligations | — | 1,149,998 | — | 1,149,998 |
Total | $862,378,029 | $1,149,998 | $20,427 | $863,548,454 |
* | Refer to the Fund's Portfolio of Investments for industry classifications. |
** | Refer to the Fund's Portfolio of Investments for securities classified as Level 2. |
*** | Refer to the Fund's Portfolio of Investments for securities classified as Level 3. |
**** | Refer to the Fund's Portfolio of Investments for securities classified as Level 3. Value equals zero as of the end of the reporting period. |
NUEM | NUDM | NUSC | ||
Level 3 | Level 3 | Level 3 | ||
Common Stocks | Rights | Common Stocks | Common Stocks | |
Balance at the beginning of period | $ 643 | $ – **** | $ 5,820 | $20,427 |
Gains (losses): | ||||
Net realized gains (losses) | – | – | – | – |
Change in net unrealized appreciation (depreciation) | 21 | – | 4,309 | – |
Purchases at cost | – | – | 5,187 | – |
Sales at proceeds | – | – | – | – |
Net discounts (premiums) | – | – | – | – |
Transfers into | 1,217,521 | – | 354,941 | – |
Transfers (out of) | – | – | (15,311) | – |
Balance at the end of period | $1,218,185 | $ – | $354,946 | $20,427 |
Change in net unrealized appreciation (depreciation) during the period of Level 3 securities held as of period end | $ 485,775 | $ – | $ 18,267 | $ – |
Level 1 | Level 2 | Level 3 | ||||||
Transfers In | (Transfers Out) | Transfers In | (Transfers Out) | Transfers In | (Transfers Out) | |||
NUEM | ||||||||
Common Stocks | $ — | $(1,217,521) | $ — | $ — | $1,217,521 | $ — |
Level 1 | Level 2 | Level 3 | ||||||
Transfers In | (Transfers Out) | Transfers In | (Transfers Out) | Transfers In | (Transfers Out) | |||
NUDM | ||||||||
Common Stocks | $15,311 | $(354,941) | $ — | $ — | $354,941 | $(15,311) |
Fund | Asset Class out on Loan | Long-Term Investments, at Value | Total Collateral Received |
NULC | Common Stocks | $ 20,586 | $ 21,248 |
NULG | Common Stocks | $3,215,957 | $3,319,348 |
NUSC | Common Stocks | $2,737,616 | $2,874,822 |
NUEM | NUDM | NULC | NULG | NULV | NUMG | NUMV | NUSC | |
Purchases | $50,758,300 | $31,986,854 | $4,820,712 | $137,148,916 | $208,649,313 | $89,684,886 | $51,622,944 | $171,874,615 |
Sales | 24,851,721 | 30,778,545 | 5,485,827 | 148,369,887 | 209,880,854 | 99,001,914 | 52,237,964 | 171,336,865 |
NUEM | NUDM | NULC | NULG | NULV | NUMG | NUMV | NUSC | |
In-kind purchases | $6,718,051 | $41,283,047 | $1,841,176 | $239,788,234 | $243,865,874 | $73,882,598 | $43,909,085 | $298,732,617 |
In-kind sales | — | — | — | 23,387,118 | 42,895,802 | 10,114,777 | — | 3,818,928 |
NUEM | NUDM | ||||||||||
Six Months Ended 4/30/21 | Year Ended 10/31/20 | Six Months Ended 4/30/21 | Year Ended 10/31/20 | ||||||||
Shares | Amount | Shares | Amount | Shares | Amount | Shares | Amount | ||||
Shares sold | 1,000,000 | $33,428,504 | 500,000 | $ 11,165,263 | 1,500,000 | $43,158,455 | 800,000 | $ 19,293,749 | |||
Shares redeemed | — | — | (1,100,000) | (23,113,970) | — | — | (1,100,000) | (26,786,180) | |||
Net increase (decrease) | 1,000,000 | $33,428,504 | (600,000) | $(11,948,707) | 1,500,000 | $43,158,455 | (300,000) | $ (7,492,431) |
NULC | NULG | ||||||||||
Six Months Ended 4/30/21 | Year Ended 10/31/20 | Six Months Ended 4/30/21 | Year Ended 10/31/20 | ||||||||
Shares | Amount | Shares | Amount | Shares | Amount | Shares | Amount | ||||
Shares sold | 50,000 | $1,843,520 | 500,000 | $13,875,505 | 4,200,000 | $240,144,615 | 5,650,000 | $240,116,860 | |||
Shares redeemed | — | — | (250,000) | (6,630,100) | (400,000) | (23,418,585) | (850,000) | (38,217,265) | |||
Net increase (decrease) | 50,000 | $1,843,520 | 250,000 | $ 7,245,405 | 3,800,000 | $216,726,030 | 4,800,000 | $201,899,595 |
NULV | NUMG | ||||||||||
Six Months Ended 4/30/21 | Year Ended 10/31/20 | Six Months Ended 4/30/21 | Year Ended 10/31/20 | ||||||||
Shares | Amount | Shares | Amount | Shares | Amount | Shares | Amount | ||||
Shares sold | 7,150,000 | $244,511,600 | 16,200,000 | $466,973,250 | 1,500,000 | $ 74,129,900 | 3,200,000 | $114,305,485 | |||
Shares redeemed | (1,250,000) | (43,015,010) | (500,000) | (14,023,180) | (200,000) | (10,127,755) | (300,000) | (10,156,730) | |||
Net increase (decrease) | 5,900,000 | $201,496,590 | 15,700,000 | $452,950,070 | 1,300,000 | $ 64,002,145 | 2,900,000 | $104,148,755 |
NUMV | NUSC | ||||||||||
Six Months Ended 4/30/21 | Year Ended 10/31/20 | Six Months Ended 4/30/21 | Year Ended 10/31/20 | ||||||||
Shares | Amount | Shares | Amount | Shares | Amount | Shares | Amount | ||||
Shares sold | 1,350,000 | $43,972,355 | 3,350,000 | $ 79,612,400 | 7,350,000 | $299,496,039 | 6,700,000 | $179,693,885 | |||
Shares redeemed | — | — | (550,000) | (15,510,375) | (100,000) | (3,828,860) | (300,000) | (8,314,620) | |||
Net increase (decrease) | 1,350,000 | $43,972,355 | 2,800,000 | $ 64,102,025 | 7,250,000 | $295,667,179 | 6,400,000 | $171,379,265 |
NUEM | NUDM | NULC | NULG | NULV | NUMG | NUMV | NUSC | |
Tax cost of investments | $74,902,407 | $100,268,792 | $17,515,974 | $529,916,864 | $769,046,883 | $242,505,078 | $164,504,938 | $675,920,779 |
Gross unrealized: | ||||||||
Appreciation | $20,690,482 | $ 14,994,925 | $ 5,862,633 | $137,940,742 | $151,106,594 | $ 65,915,059 | $ 53,920,573 | $200,013,102 |
Depreciation | (3,223,660) | (1,579,426) | (85,349) | (4,497,924) | (3,792,306) | (2,925,015) | (850,636) | (12,385,427) |
Net unrealized appreciation (depreciation) of investments | $17,466,822 | $ 13,415,499 | $ 5,777,284 | $133,442,818 | $147,314,288 | $ 62,990,044 | $ 53,069,937 | $187,627,675 |
NUEM | NUDM | NULC | NULG | NULV | NUMG | NUMV | NUSC | |
Undistributed net ordinary income1 | $651,107 | $1,022,566 | $723,010 | $10,578,653 | $6,756,817 | $7,417,156 | $1,462,023 | $1,413,997 |
Undistributed net long-term capital gains | — | — | 11,185 | 579,812 | — | 1,855,072 | — | — |
1 | Net ordinary income consists of net taxable income derived from dividends, interest, and net short-term capital gains, if any. |
NUEM | NUDM | NULC | NULG | NULV | NUMG | NUMV | NUSC | |
Distributions from net ordinary income1 | $1,191,300 | $1,843,400 | $91,799 | $586,800 | $1,925,600 | $158,565 | $1,230,460 | $1,786,255 |
Distributions from net long-term capital gains | — | — | 1 | 784,500 | — | — | — | — |
1 | Net ordinary income consists of net taxable income derived from dividends, interest, and net short-term capital gains, if any. |
NUEM | NUDM | NULV | NUMV | NUSC | |
Not subject to expiration: | |||||
Short-term | $3,957,661 | $1,441,018 | $3,730,030 | $3,145,654 | $1,797,501 |
Long-term | 3,525,154 | 3,346,073 | 2,068,025 | 2,167,495 | 1,451,749 |
Total | $7,482,815 | $4,787,091 | $5,798,055 | $5,313,149 | $3,249,250 |
Fund | Management Fee |
NUEM | 0.45% |
NUDM | 0.40 |
NULC | 0.20 |
NULG | 0.35 |
NULV | 0.35 |
NUMG | 0.40 |
NUMV | 0.40 |
NUSC | 0.40 |
NULC | |
TIAA owned shares | 32% |
NUEM | NUDM | ||||
Six Months Ended April 30, 2021 | Number of Days | % of Total Days | Number of Days | % of Total Days | |
Premium/Discount Range: | |||||
1.01% to 3.00% | 46 | 37.1% | 19 | 14.7% | |
0.51% to 1.00% | 47 | 37.9% | 60 | 40.5% | |
0.26% to 0.50% | 12 | 9.7% | 23 | 15.9% | |
0.00 to 0.25% | 11 | 8.9% | 8 | 11.5% | |
(0.01)% to (0.25)% | 3 | 2.4% | 8 | 5.9% | |
(0.26)% to (0.50)% | 1 | 0.8% | 4 | 2.4% | |
(0.51)% to (1.00)% | 3 | 2.4% | 2 | 4.0% | |
(1.01)% to (3.00)% | 1 | 0.8% | - | - | |
124 | 100% | 124 | 100% |
NULC | NULG | NULV | ||||||||
Six Months Ended April 30, 2021 | Number of Days | % of Total Days | Number of Days | % of Total Days | Number of Days | % of Total Days | ||||
Premium/Discount Range: | ||||||||||
0.26% to 0.50% | – | – | 1 | 0.8% | - | - | ||||
0.00% to 0.25% | 99 | 79.8% | 107 | 86.3% | 121 | 97.6% | ||||
(0.01)% to (0.25)% | 25 | 20.2% | 36 | 12.9% | 3 | 2.4% | ||||
124 | 100% | 124 | 100% | 124 | 100% |
NUMG | NUMV | NUSC | ||||||||
Six Months Ended April 30, 2021 | Number of Days | % of Total Days | Number of Days | % of Total Days | Number of Days | % of Total Days | ||||
Premium/Discount Range: | ||||||||||
0.00% to 0.25% | 114 | 91.9% | 123 | 99.2% | 116 | 93.5% | ||||
(0.01)% to (0.25)% | 10 | 8.1% | 1 | 0.8% | 8 | 6.5% | ||||
124 | 100% | 124 | 100% | 124 | 100% |
![](https://capedge.com/proxy/N-CSRS/0001193125-21-209452/g184645img973847711.gif)
Serving Investors for Generations
Item 2. Code of Ethics.
Not applicable to this filing.
Item 3. Audit Committee Financial Expert.
Not applicable to this filing.
Item 4. Principal Accountant Fees and Services.
Not applicable to this filing.
Item 5. Audit Committee of Listed Registrants.
Not applicable to this filing.
Item 6. Schedule of Investments.
(a) See Portfolio of Investments in Item 1.
(b) Not applicable.
Item 7. Disclosure of Proxy Voting Policies and Procedures for Closed-End Management Investment Companies.
Not applicable to this registrant.
Item 8. Portfolio Managers of Closed-End Management Investment Companies.
Not applicable to this registrant.
Item 9. Purchases of Equity Securities by Closed-End Management Investment Company and Affiliated Purchasers.
Not applicable to this registrant.
Item 10. Submission of Matters to a Vote of Security Holders.
There have been no material changes to the procedures by which shareholders may recommend nominees to the registrant’s Board implemented after the registrant last provided disclosure in response to this Item.
Item 11. Controls and Procedures.
(a) | The registrant’s principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant’s disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the “1940 Act”) (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rules 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”) (17 CFR 240.13a-15(b) or 240.15d-15(b)). |
(b) | There were no changes in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting. |
Item 12. Disclosure of Securities Lending Activities for Closed-End Management Investment Companies.
Not applicable.
Item 13. Exhibits.
File the exhibits listed below as part of this Form.
(a)(1) Any code of ethics, or amendment thereto, that is the subject of the disclosure required by Item 2, to the extent that the registrant intends to satisfy the Item 2 requirements through filing of an exhibit: Not applicable to this filing.
(a)(3) Any written solicitation to purchase securities under Rule 23c-1 under the 1940 Act (17 CFR 270.23c-1) sent or given during the period covered by the report by or on behalf of the registrant to 10 or more persons: Not applicable to this registrant.
(a)(4) Change in registrant’s independent public accountant. Not applicable.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant) Nushares ETF Trust
By | (Signature and Title) | /s/ Diana R. Gonzalez | ||||
Diana R. Gonzalez Vice President and Secretary |
Date: July 7, 2021
Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, 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 | (Signature and Title) | /s/ Jordan M. Farris | ||||
Jordan M. Farris Chief Administrative Officer (principal executive officer) |
Date: July 7, 2021
By | (Signature and Title) | /s/ E. Scott Wickerham | ||||
E. Scott Wickerham Vice President and Controller (principal financial officer) |
Date: July 7, 2021