Ab Variable Products Series Fund NPORT-P AB Dynamic Asset Allocation Portfolio (Sep 2023 report)

AB Variable Products Series Fund, Inc.

AB Dynamic Asset Allocation Portfolio

Portfolio of Investments

September 30, 2023 (unaudited)

Company	Shares		U.S. $ Value
COMMON STOCKS – 59.5%
Information Technology – 13.0%
Communications Equipment – 0.4%
Arista Networks, Inc.(a)		676	$	124,337
Cisco Systems, Inc.		10,511		565,071
F5, Inc.(a)		156		25,138
Juniper Networks, Inc.		829		23,038
Motorola Solutions, Inc.		433		117,880
Nokia Oyj		13,801		51,893
Telefonaktiebolaget LM Ericsson - Class B(b)		7,553		36,796
				944,153
Electronic Equipment, Instruments & Components – 0.5%
Amphenol Corp. - Class A		1,536		129,009
Arrow Electronics, Inc.(a)		149		18,661
Azbil Corp.(b)		299		9,134
CDW Corp./DE		348		70,212
Cognex Corp.		445		18,886
Corning, Inc.		2,083		63,469
Halma PLC		979		23,066
Hamamatsu Photonics KK		349		14,677
Hexagon AB - Class B		5,355		45,575
Hirose Electric Co., Ltd.		89		10,295
Ibiden Co., Ltd.		241		12,783
Jabil, Inc.		338		42,889
Keyence Corp.		524		193,789
Keysight Technologies, Inc.(a)		460		60,863
Kyocera Corp.		859		43,549
Murata Manufacturing Co., Ltd.		4,551		83,020
Omron Corp.		453		20,159
Shimadzu Corp.		578		15,332
TDK Corp.		962		35,565
TE Connectivity Ltd.		813		100,430
Teledyne Technologies, Inc.(a)		122		49,847
Trimble, Inc.(a)		639		34,416
Yaskawa Electric Corp.(b)		607		21,859
Yokogawa Electric Corp.		534		10,306
Zebra Technologies Corp. - Class A(a)		133		31,458
				1,159,249
IT Services – 0.8%
Accenture PLC - Class A		1,627		499,668
Akamai Technologies, Inc.(a)		393		41,870
Bechtle AG		211		9,826
Capgemini SE		426		74,334
CGI, Inc.(a)		546		53,818
Cognizant Technology Solutions Corp. - Class A		1,309		88,672
EPAM Systems, Inc.(a)		150		38,353
Fujitsu Ltd.		451		53,043
Gartner, Inc.(a)		204		70,096
GoDaddy, Inc. - Class A(a)		378		28,153
International Business Machines Corp.		2,342		328,583
MongoDB, Inc.(a)		182		62,947
NEC Corp.		609		33,631
Nomura Research Institute Ltd.		954		24,796

1

Company	Shares		U.S. $ Value
NTT Data Corp.		1,622	$	21,705
Obic Co., Ltd.		221		33,486
Okta, Inc.(a)		400		32,604
Otsuka Corp.		230		9,731
SCSK Corp.		392		6,834
Shopify, Inc. - Class A(a)		3,094		168,886
Snowflake, Inc. - Class A(a)		673		102,814
TIS, Inc.		494		10,863
Twilio, Inc. - Class A(a)		443		25,929
VeriSign, Inc.(a)		242		49,012
Wix.com Ltd.(a)		139		12,760
				1,882,414
Semiconductors & Semiconductor Equipment – 3.5%
Advanced Micro Devices, Inc.(a)		4,154		427,114
Advantest Corp.(b)		1,908		53,221
Analog Devices, Inc.		1,288		225,516
Applied Materials, Inc.		2,166		299,883
ASM International NV(b)		122		50,946
ASML Holding NV		1,040		612,300
BE Semiconductor Industries NV(b)		199		19,463
Broadcom, Inc.		1,065		884,568
Disco Corp.		268		49,515
Enphase Energy, Inc.(a)		354		42,533
Entegris, Inc.		386		36,249
First Solar, Inc.(a)		262		42,337
Infineon Technologies AG		3,368		111,551
Intel Corp.		10,758		382,447
KLA Corp.		354		162,366
Lam Research Corp.		347		217,489
Lasertec Corp.(b)		271		42,144
Lattice Semiconductor Corp.(a)		355		30,505
Marvell Technology, Inc.		2,218		120,060
Microchip Technology, Inc.		1,404		109,582
Micron Technology, Inc.		2,825		192,185
Monolithic Power Systems, Inc.		117		54,054
NVIDIA Corp.		6,371		2,771,321
NXP Semiconductors NV		670		133,946
ON Semiconductor Corp.(a)		1,114		103,546
Qorvo, Inc.(a)		255		24,345
QUALCOMM, Inc.		2,874		319,186
Renesas Electronics Corp.(a)		3,217		49,140
Rohm Co., Ltd.		1,116		20,980
Skyworks Solutions, Inc.		411		40,521
SolarEdge Technologies, Inc.(a)		146		18,908
STMicroelectronics NV		1,763		76,026
SUMCO Corp.		834		10,853
Teradyne, Inc.		400		40,184
Texas Instruments, Inc.		2,341		372,242
Tokyo Electron Ltd.(b)		1,290		176,204
Wolfspeed, Inc.(a) (b)		321		12,230
				8,335,660

2

Company	Shares		U.S. $ Value
Software – 4.6%
Adobe, Inc.(a)		1,176	$	599,642
ANSYS, Inc.(a)		224		66,651
Aspen Technology, Inc.(a)		76		15,524
Atlassian Corp., Ltd. - Class A(a)		392		78,992
Autodesk, Inc.(a)		552		114,214
Bentley Systems, Inc. - Class B		545		27,337
BILL Holdings, Inc.(a)		247		26,817
Cadence Design Systems, Inc.(a)		704		164,947
Check Point Software Technologies Ltd.(a)		242		32,254
Cloudflare, Inc. - Class A(a)		709		44,695
Coinbase Global, Inc. - Class A(a)		434		32,585
Confluent, Inc. - Class A(a)		422		12,495
Constellation Software, Inc./Canada(b)		52		107,353
Crowdstrike Holdings, Inc. - Class A(a)		578		96,746
CyberArk Software Ltd.(a)		108		17,687
Dassault Systemes SE		1,728		64,182
Datadog, Inc. - Class A(a)		650		59,209
Descartes Systems Group, Inc. (The)(a)		219		16,074
DocuSign, Inc.(a)		522		21,924
Dropbox, Inc. - Class A(a)		669		18,217
Fair Isaac Corp.(a)		65		56,454
Fortinet, Inc.(a)		1,721		100,988
Gen Digital, Inc.		1,487		26,290
HubSpot, Inc.(a)		122		60,085
Intuit, Inc.		723		369,410
Manhattan Associates, Inc.(a)		160		31,626
Microsoft Corp.		18,220		5,752,965
Monday.com Ltd.(a)		56		8,916
Nemetschek SE		149		9,068
Nice Ltd.(a)		164		27,972
Open Text Corp.		698		24,497
Oracle Corp.		4,201		444,970
Oracle Corp./Japan		142		10,519
Palantir Technologies, Inc. - Class A(a)		4,674		74,784
Palo Alto Networks, Inc.(a)		789		184,973
PTC, Inc.(a)		290		41,087
Roper Technologies, Inc.		275		133,177
Sage Group PLC (The)		2,644		31,818
Salesforce, Inc.(a)		2,513		509,586
SAP SE		2,694		348,717
ServiceNow, Inc.(a)		526		294,013
Splunk, Inc.(a)		406		59,378
Synopsys, Inc.(a)		393		180,375
Temenos AG (REG)		165		11,540
Trend Micro, Inc./Japan		289		10,940
Tyler Technologies, Inc.(a)		109		42,089
UiPath, Inc. - Class A(a)		926		15,844
Unity Software, Inc.(a)		586		18,395
VMware, Inc. - Class A(a)		605		100,720
WiseTech Global Ltd.(b)		428		17,766

3

Company	Shares		U.S. $ Value
Workday, Inc. - Class A(a)		532	$	114,300
Xero Ltd.(a)		371		26,682
Zoom Video Communications, Inc. - Class A(a)		615		43,013
Zscaler, Inc.(a)		226		35,163
				10,835,665
Technology Hardware, Storage & Peripherals – 3.2%
Apple, Inc.		40,570		6,945,990
Brother Industries Ltd.		585		9,423
Canon, Inc.(b)		2,511		60,486
Dell Technologies, Inc. - Class C		660		45,474
FUJIFILM Holdings Corp.		909		52,586
Hewlett Packard Enterprise Co.		3,331		57,859
HP, Inc.		2,288		58,802
Logitech International SA (REG)		424		29,170
NetApp, Inc.		548		41,582
Ricoh Co., Ltd.		1,372		11,838
Seagate Technology Holdings PLC		481		31,722
Seiko Epson Corp.(b)		692		10,868
Super Micro Computer, Inc.(a)		122		33,455
Western Digital Corp.(a)		825		37,645
				7,426,900
				30,584,041
Financials – 8.9%
Banks – 3.3%
ABN AMRO Bank NV(c)		1,041		14,712
AIB Group PLC		3,715		16,651
ANZ Group Holdings Ltd.		7,751		127,129
Banco Bilbao Vizcaya Argentaria SA		15,387		124,526
Banco Santander SA		41,744		158,964
Bank Hapoalim BM		3,276		29,188
Bank Leumi Le-Israel BM		3,959		32,804
Bank of America Corp.		18,499		506,503
Bank of Ireland Group PLC		2,725		26,639
Bank of Montreal		1,840		155,220
Bank of Nova Scotia (The)(b)		3,074		137,784
Banque Cantonale Vaudoise (REG)(b)		78		8,162
Barclays PLC		40,123		77,334
BNP Paribas SA		2,706		172,064
BOC Hong Kong Holdings Ltd.		9,031		24,653
CaixaBank SA		10,642		42,398
Canadian Imperial Bank of Commerce		2,337		90,211
Chiba Bank Ltd. (The)		1,314		9,546
Citigroup, Inc.		5,021		206,514
Citizens Financial Group, Inc.		1,248		33,446
Commerzbank AG		2,745		31,154
Commonwealth Bank of Australia		4,323		276,136
Concordia Financial Group Ltd.(b)		2,721		12,396
Credit Agricole SA		3,121		38,372
Danske Bank A/S		1,779		41,283
DBS Group Holdings Ltd.		4,175		102,537
DNB Bank ASA		2,387		47,959
Erste Group Bank AG		887		30,634
Fifth Third Bancorp		1,755		44,454
FinecoBank Banca Fineco SpA(b)		1,575		19,019

4

Company	Shares		U.S. $ Value
First Citizens BancShares, Inc./NC - Class A		28	$	38,643
First Horizon Corp.		1,369		15,086
Hang Seng Bank Ltd.		1,305		16,192
HSBC Holdings PLC		50,987		398,993
Huntington Bancshares, Inc./OH		3,723		38,719
ING Groep NV		9,335		123,036
Intesa Sanpaolo SpA		40,084		102,664
Israel Discount Bank Ltd. - Class A		3,190		17,290
Japan Post Bank Co., Ltd.		3,718		32,353
JPMorgan Chase & Co.		7,538		1,093,161
KBC Group NV		646		40,218
KeyCorp		2,412		25,953
Lloyds Banking Group PLC		166,114		89,269
M&T Bank Corp.		428		54,121
Mediobanca Banca di Credito Finanziario SpA		1,423		18,761
Mitsubishi UFJ Financial Group, Inc.		29,387		249,030
Mizrahi Tefahot Bank Ltd.		398		14,453
Mizuho Financial Group, Inc.		6,154		104,482
National Australia Bank Ltd.(b)		8,097		150,315
National Bank of Canada(b)		872		57,928
NatWest Group PLC		14,991		42,883
Nordea Bank Abp (Stockholm)		8,309		91,098
Oversea-Chinese Banking Corp., Ltd.		8,327		77,875
PNC Financial Services Group, Inc. (The)		1,030		126,453
Regions Financial Corp.		2,420		41,624
Resona Holdings, Inc.		5,422		29,979
Royal Bank of Canada		3,575		312,426
Shizuoka Financial Group, Inc.		1,194		9,730
Skandinaviska Enskilda Banken AB - Class A		4,093		48,796
Societe Generale SA		1,876		45,395
Standard Chartered PLC		6,117		56,261
Sumitomo Mitsui Financial Group, Inc.		3,233		158,824
Sumitomo Mitsui Trust Holdings, Inc.		817		30,758
Svenska Handelsbanken AB - Class A		3,762		33,474
Swedbank AB - Class A		2,189		40,237
Toronto-Dominion Bank (The)(b)		4,742		285,690
Truist Financial Corp.		3,435		98,275
UniCredit SpA		4,755		113,294
United Overseas Bank Ltd.		2,692		56,069
US Bancorp		3,954		130,719
Webster Financial Corp.		450		18,140
Wells Fargo & Co.		9,460		386,536
Westpac Banking Corp.		9,051		122,347
				7,675,942
Capital Markets – 1.7%
3i Group PLC		2,510		63,178
Abrdn PLC		5,024		9,492
Ameriprise Financial, Inc.		269		88,684
Amundi SA(c)		158		8,874
Ares Management Corp. - Class A		415		42,691
ASX Ltd.		499		18,252
Bank of New York Mellon Corp. (The)		2,009		85,684
BlackRock, Inc.		387		250,192
Blackstone, Inc.		1,821		195,102
Brookfield Asset Management Ltd. - Class A (Canada)		904		30,123
Brookfield Corp. (Canada)(b)		3,631		113,535
Carlyle Group, Inc. (The)		560		16,890

5

Company	Shares		U.S. $ Value
Cboe Global Markets, Inc.		273	$	42,645
Charles Schwab Corp. (The)		3,879		212,957
CME Group, Inc.		928		185,804
Daiwa Securities Group, Inc.(b)		3,363		19,393
Deutsche Bank AG (REG)		4,999		54,940
Deutsche Boerse AG		490		84,621
EQT AB(b)		917		18,068
Euronext NV(c)		221		15,373
FactSet Research Systems, Inc.		99		43,289
Franklin Resources, Inc.		775		19,049
Futu Holdings Ltd. (ADR)(a) (b)		150		8,672
Goldman Sachs Group, Inc. (The)		858		277,623
Hargreaves Lansdown PLC		917		8,624
Hong Kong Exchanges & Clearing Ltd.		2,601		96,530
IGM Financial, Inc.(b)		214		5,428
Intercontinental Exchange, Inc.		1,437		158,099
Invesco Ltd.		886		12,865
Japan Exchange Group, Inc.(b)		1,288		23,862
Julius Baer Group Ltd.		531		33,988
KKR & Co., Inc.		1,558		95,973
London Stock Exchange Group PLC		1,031		103,333
LPL Financial Holdings, Inc.		201		47,768
Macquarie Group Ltd.		947		101,412
MarketAxess Holdings, Inc.		98		20,937
Moody’s Corp.		426		134,688
Morgan Stanley		3,231		263,876
MSCI, Inc.		207		106,208
Nasdaq, Inc.		886		43,051
Nomura Holdings, Inc.		7,721		30,918
Northern Trust Corp.		537		37,311
Onex Corp.		177		10,403
Partners Group Holding AG		59		66,233
Raymond James Financial, Inc.		519		52,123
Robinhood Markets, Inc. - Class A(a)		1,100		10,791
S&P Global, Inc.		846		309,137
SBI Holdings, Inc.(b)		595		12,522
Schroders PLC		2,079		10,273
SEI Investments Co.		292		17,587
Singapore Exchange Ltd.		1,635		11,631
St. James’s Place PLC		1,414		14,266
State Street Corp.		862		57,720
T. Rowe Price Group, Inc.		579		60,720
TMX Group Ltd.		718		15,430
Tradeweb Markets, Inc. - Class A		281		22,536
UBS Group AG (REG)		8,483		208,955
				4,110,329
Consumer Finance – 0.2%
Ally Financial, Inc.		698		18,622
American Express Co.		1,630		243,180
Capital One Financial Corp.		985		95,594
Discover Financial Services		655		56,743
Synchrony Financial		1,105		33,780
				447,919

6

Company	Shares		U.S. $ Value
Financial Services – 1.8%
Adyen NV(a) (b) (c)		56	$	41,520
Apollo Global Management, Inc.		1,025		92,004
Berkshire Hathaway, Inc. - Class B(a)		3,343		1,171,053
Block, Inc.(a)		1,404		62,141
Edenred SE		644		40,286
Element Fleet Management Corp.(b)		1,006		14,435
Equitable Holdings, Inc.		918		26,062
Eurazeo SE		112		6,665
EXOR NV(b)		280		24,766
Fidelity National Information Services, Inc.		1,528		84,453
Fiserv, Inc.(a)		1,593		179,945
FleetCor Technologies, Inc.(a)		181		46,216
Global Payments, Inc.		676		78,004
GMO Payment Gateway, Inc.		64		3,492
Groupe Bruxelles Lambert NV(b)		246		18,305
Industrivarden AB - Class A		335		8,834
Industrivarden AB - Class C(b)		398		10,488
Investor AB - Class B		4,464		85,461
Jack Henry & Associates, Inc.		188		28,414
L E Lundbergforetagen AB - Class B(b)		196		8,172
M&G PLC		5,785		13,860
Mastercard, Inc. - Class A		2,183		864,271
Mitsubishi HC Capital, Inc.(b)		2,023		13,479
Nexi SpA(a) (c)		1,523		9,280
Nuvei Corp.(b) (c)		162		2,430
ORIX Corp.		2,931		54,729
PayPal Holdings, Inc.(a)		2,734		159,830
Sofina SA(b)		40		8,085
Toast, Inc. - Class A(a) (b)		797		14,928
Visa, Inc. - Class A		4,174		960,062
Wendel SE		69		5,454
Wise PLC - Class A(a)		1,585		13,218
Worldline SA/France(a) (c)		619		17,376
				4,167,718
Insurance – 1.9%
Admiral Group PLC		547		15,808
Aegon NV(b)		4,352		20,975
Aflac, Inc.		1,481		113,667
Ageas SA/NV		412		16,969
AIA Group Ltd.		29,637		239,679
Allianz SE (REG)		1,041		247,733
Allstate Corp. (The)		678		75,536
American Financial Group, Inc./OH		187		20,882
American International Group, Inc.		1,867		113,140
Aon PLC - Class A		527		170,864
Arch Capital Group Ltd.(a)		961		76,601
Arthur J Gallagher & Co.		553		126,045
ASR Nederland NV		412		15,416
Assicurazioni Generali SpA		2,614		53,358
Assurant, Inc.		137		19,670
Aviva PLC		7,062		33,426
AXA SA		4,733		140,423
Baloise Holding AG (REG)		118		17,084
Brown & Brown, Inc.		622		43,441
Chubb Ltd.		1,069		222,544

7

Company	Shares		U.S. $ Value
Cincinnati Financial Corp.		406	$	41,530
Dai-ichi Life Holdings, Inc.		2,413		49,815
Erie Indemnity Co. - Class A(b)		66		19,390
Everest Re Group Ltd.		111		41,255
Fairfax Financial Holdings Ltd.		56		45,714
Fidelity National Financial, Inc.		667		27,547
Gjensidige Forsikring ASA		515		7,557
Globe Life, Inc.		234		25,443
Great-West Lifeco, Inc.		720		20,599
Hannover Rueck SE		156		34,229
Hartford Financial Services Group, Inc. (The)		800		56,728
Helvetia Holding AG (REG)		96		13,410
iA Financial Corp., Inc.		265		16,623
Insurance Australia Group Ltd.		6,295		22,835
Intact Financial Corp.		452		65,897
Japan Post Holdings Co., Ltd.		5,767		46,137
Japan Post Insurance Co., Ltd.		492		8,275
Legal & General Group PLC		15,418		41,603
Loews Corp.		500		31,655
Manulife Financial Corp.		4,744		86,690
Markel Group, Inc.(a)		33		48,592
Marsh & McLennan Cos., Inc.		1,276		242,823
Medibank Pvt Ltd.		7,103		15,677
MetLife, Inc.		1,679		105,626
MS&AD Insurance Group Holdings, Inc.(b)		1,092		39,961
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen (REG)		352		137,087
NN Group NV(b)		647		20,742
Phoenix Group Holdings PLC		1,936		11,346
Poste Italiane SpA(c)		1,347		14,145
Power Corp. of Canada(b)		1,492		37,985
Principal Financial Group, Inc.		626		45,116
Progressive Corp. (The)		1,510		210,343
Prudential Financial, Inc.		942		89,386
Prudential PLC		7,101		76,331
QBE Insurance Group Ltd.		3,848		38,546
Sampo Oyj - Class A		1,186		51,273
Sompo Holdings, Inc.		722		30,943
Sun Life Financial, Inc.		1,513		73,820
Suncorp Group Ltd.		3,266		29,099
Swiss Life Holding AG (REG)		77		47,908
Swiss Re AG		778		79,901
T&D Holdings, Inc.(b)		1,196		19,668
Talanx AG(a)		163		10,316
Tokio Marine Holdings, Inc.		4,612		106,785
Travelers Cos., Inc. (The)		596		97,333
Tryg A/S		900		16,469
Willis Towers Watson PLC		275		57,464
WR Berkley Corp.		538		34,158
Zurich Insurance Group AG		389		177,989
				4,453,025
Mortgage Real Estate Investment Trusts (REITs) – 0.0%
Annaly Capital Management, Inc.		1,273		23,945
				20,878,878

8

Company	Shares		U.S. $ Value
Health Care – 7.6%
Biotechnology – 1.1%
AbbVie, Inc.		4,551	$	678,372
Alnylam Pharmaceuticals, Inc.(a)		322		57,026
Amgen, Inc.		1,379		370,620
Argenx SE(a)		145		70,611
Biogen, Inc.(a)		374		96,122
BioMarin Pharmaceutical, Inc.(a)		484		42,824
CSL Ltd.		1,245		200,573
Exact Sciences Corp.(a)		465		31,722
Genmab A/S(a)		171		60,543
Gilead Sciences, Inc.		3,217		241,082
Grifols SA(a) (b)		769		9,960
Horizon Therapeutics PLC(a)		561		64,902
Incyte Corp.(a)		489		28,250
Moderna, Inc.(a)		836		86,350
Neurocrine Biosciences, Inc.(a)		252		28,350
Regeneron Pharmaceuticals, Inc.(a)		279		229,606
Seagen, Inc.(a)		363		77,011
Swedish Orphan Biovitrum AB(a)		499		10,196
United Therapeutics Corp.(a)		121		27,330
Vertex Pharmaceuticals, Inc.(a)		665		231,247
				2,642,697
Health Care Equipment & Supplies – 1.4%
Abbott Laboratories		4,486		434,469
Alcon, Inc.		1,289		99,469
Align Technology, Inc.(a)		188		57,400
Asahi Intecc Co., Ltd.(b)		541		9,699
Avantor, Inc.(a)		1,741		36,700
Baxter International, Inc.		1,304		49,213
Becton Dickinson & Co.		733		189,503
BioMerieux		107		10,351
Boston Scientific Corp.(a)		3,708		195,782
Carl Zeiss Meditec AG		104		9,066
Cochlear Ltd.		170		27,843
Coloplast A/S - Class B		307		32,486
Cooper Cos., Inc. (The)		128		40,705
Demant A/S(a)		260		10,736
DENTSPLY SIRONA, Inc.		548		18,720
Dexcom, Inc.(a)		1,000		93,300
DiaSorin SpA(b)		58		5,282
Edwards Lifesciences Corp.(a)		1,564		108,354
EssilorLuxottica SA		761		132,373
Fisher & Paykel Healthcare Corp., Ltd.		1,494		19,262
GE Healthcare, Inc.(a)		1,056		71,850
Getinge AB - Class B		589		10,350
Hologic, Inc.(a)		635		44,069
Hoya Corp.		948		97,092
IDEXX Laboratories, Inc.(a)		215		94,013
Insulet Corp.(a)		180		28,708
Intuitive Surgical, Inc.(a)		904		264,230
Koninklijke Philips NV(a) (b)		2,395		47,786

9

Company	Shares		U.S. $ Value
Medtronic PLC		3,432	$	268,932
Olympus Corp.		3,180		41,287
ResMed, Inc.		379		56,043
Siemens Healthineers AG(c)		727		36,773
Smith & Nephew PLC		2,252		27,949
Sonova Holding AG (REG)		134		31,715
STERIS PLC		255		55,952
Straumann Holding AG (REG)		288		36,656
Stryker Corp.		882		241,024
Sysmex Corp.		391		18,579
Teleflex, Inc.		122		23,962
Terumo Corp.		1,651		43,703
Zimmer Biomet Holdings, Inc.		539		60,487
				3,181,873
Health Care Providers & Services – 1.2%
Amplifon SpA(b)		321		9,502
Cardinal Health, Inc.		657		57,041
Cencora, Inc.		442		79,547
Centene Corp.(a)		1,415		97,465
Cigna Group (The)		764		218,557
CVS Health Corp.		3,307		230,895
DaVita, Inc.(a)		141		13,329
EBOS Group Ltd.		395		8,092
Elevance Health, Inc.		612		266,477
Fresenius Medical Care AG & Co. KGaA		530		22,786
Fresenius SE & Co. KGaA		1,089		33,825
HCA Healthcare, Inc.		533		131,107
Henry Schein, Inc.(a)		338		25,097
Humana, Inc.		323		157,146
Laboratory Corp. of America Holdings		229		46,040
McKesson Corp.		350		152,197
Molina Healthcare, Inc.(a)		151		49,511
Quest Diagnostics, Inc.		289		35,218
Ramsay Health Care Ltd.(b)		472		15,666
Sonic Healthcare Ltd.		1,153		22,016
UnitedHealth Group, Inc.		2,402		1,211,064
Universal Health Services, Inc. - Class B		163		20,494
				2,903,072
Health Care Technology – 0.0%
M3, Inc.		1,130		20,497
Veeva Systems, Inc. - Class A(a)		376		76,497
				96,994
Life Sciences Tools & Services – 0.7%
Agilent Technologies, Inc.		762		85,207
Bachem Holding AG (REG)(b)		87		6,417
Bio-Rad Laboratories, Inc. - Class A(a)		57		20,432
Bio-Techne Corp.		406		27,637
Charles River Laboratories International, Inc.(a)		132		25,869
Danaher Corp.		1,809		448,813
Eurofins Scientific SE		348		19,612
Illumina, Inc.(a)		408		56,010
IQVIA Holdings, Inc.(a)		479		94,243
Lonza Group AG (REG)		193		89,272

10

Company	Shares		U.S. $ Value
Mettler-Toledo International, Inc.(a)		57	$	63,160
QIAGEN NV(a)		588		23,726
Repligen Corp.(a)		137		21,784
Revvity, Inc.		324		35,867
Sartorius AG		68		23,031
Sartorius Stedim Biotech		72		17,129
Thermo Fisher Scientific, Inc.		995		503,639
Waters Corp.(a)		153		41,954
West Pharmaceutical Services, Inc.		192		72,040
				1,675,842
Pharmaceuticals – 3.2%
Astellas Pharma, Inc.		4,585		63,464
AstraZeneca PLC		3,998		539,268
Bayer AG (REG)		2,534		121,694
Bristol-Myers Squibb Co.		5,419		314,519
Catalent, Inc.(a)		465		21,171
Chugai Pharmaceutical Co., Ltd.		1,683		51,894
Daiichi Sankyo Co., Ltd.		4,758		130,261
Eisai Co., Ltd.		645		35,748
Eli Lilly & Co.		2,082		1,118,305
GSK PLC		10,562		191,107
Hikma Pharmaceuticals PLC		427		10,843
Ipsen SA		98		12,840
Jazz Pharmaceuticals PLC(a)		166		21,487
Johnson & Johnson		6,211		967,363
Kyowa Kirin Co., Ltd.		605		10,519
Merck & Co., Inc.		6,545		673,808
Merck KGaA		334		55,680
Novartis AG (REG)		5,287		539,954
Novo Nordisk A/S - Class B		8,418		766,469
Ono Pharmaceutical Co., Ltd.		994		19,063
Orion Oyj - Class B		277		10,882
Otsuka Holdings Co., Ltd.		978		34,724
Pfizer, Inc.		14,561		482,988
Recordati Industria Chimica e Farmaceutica SpA(b)		270		12,724
Roche Holding AG (BR)		83		24,384
Roche Holding AG (Genusschein)		1,813		494,951
Royalty Pharma PLC - Class A		982		26,652
Sanofi		2,931		314,717
Shionogi & Co., Ltd.		659		29,394
Takeda Pharmaceutical Co., Ltd.(b)		4,043		125,319
Teva Pharmaceutical Industries Ltd. (Sponsored ADR)(a)		2,889		29,468
UCB SA		326		26,702
Viatris, Inc.		3,092		30,487
Zoetis, Inc.		1,192		207,384
				7,516,233
				18,016,711
Consumer Discretionary – 6.5%
Automobile Components – 0.2%
Aisin Corp.		343		12,960
Aptiv PLC(a)		730		71,971
BorgWarner, Inc.		604		24,383

11

Company	Shares		U.S. $ Value
Bridgestone Corp.		1,468	$	57,205
Cie Generale des Etablissements Michelin SCA		1,749		53,532
Continental AG		284		19,954
Denso Corp.(b)		4,640		74,453
Koito Manufacturing Co., Ltd.		462		6,967
Lear Corp.		153		20,533
Magna International, Inc.(b)		701		37,567
Sumitomo Electric Industries Ltd.		1,819		21,913
Valeo SE		533		9,146
				410,584
Automobiles – 1.5%
Bayerische Motoren Werke AG		777		78,918
Bayerische Motoren Werke AG (Preference Shares)		149		13,869
Dr Ing hc F Porsche AG (Preference Shares)(c)		294		27,585
Ferrari NV		326		96,100
Ford Motor Co.		10,136		125,889
General Motors Co.		3,585		118,197
Honda Motor Co., Ltd.		11,769		132,398
Isuzu Motors Ltd.		1,412		17,751
Lucid Group, Inc.(a) (b)		2,345		13,108
Mazda Motor Corp.		1,465		16,634
Mercedes-Benz Group AG		2,070		144,065
Nissan Motor Co., Ltd.(b)		5,979		26,387
Porsche Automobil Holding SE (Preference Shares)		395		19,430
Renault SA		496		20,295
Rivian Automotive, Inc. - Class A(a) (b)		1,681		40,815
Stellantis NV (Italy)		5,706		109,261
Subaru Corp.		1,581		30,742
Suzuki Motor Corp.		881		35,435
Tesla, Inc.(a)		7,358		1,841,119
Toyota Motor Corp.(b)		27,270		489,233
Volkswagen AG		76		9,981
Volkswagen AG (Preference Shares)		532		61,126
Volvo Car AB - Class B(a)		1,537		6,217
Yamaha Motor Co., Ltd.(b)		695		18,269
				3,492,824
Broadline Retail – 1.6%
Amazon.com, Inc.(a)		23,819		3,027,871
Canadian Tire Corp., Ltd. - Class A(b)		136		14,624
Cie Financiere Richemont SA (REG)		1,347		164,042
Dollarama, Inc.		731		50,364
eBay, Inc.		1,379		60,800
Etsy, Inc.(a)		318		20,537
Global-e Online Ltd.(a)		233		9,259
MercadoLibre, Inc.(a)		117		148,342
Next PLC		311		27,583
Pan Pacific International Holdings Corp.		971		20,378
Prosus NV(a)		3,942		116,155
Rakuten Group, Inc.		3,813		15,667
Wesfarmers Ltd.		2,926		99,028
				3,774,650

12

Company	Shares		U.S. $ Value
Distributors – 0.1%
D’ieteren Group		56	$	9,441
Genuine Parts Co.		363		52,410
LKQ Corp.		689		34,113
Pool Corp.		101		35,966
				131,930
Diversified Consumer Services – 0.0%
IDP Education Ltd.		646		8,841
Pearson PLC		1,662		17,535
				26,376
Hotels, Restaurants & Leisure – 1.2%
Accor SA		478		16,077
Airbnb, Inc. - Class A(a)		1,064		145,991
Amadeus IT Group SA		1,162		70,188
Aramark		638		22,139
Aristocrat Leisure Ltd.		1,517		39,634
Booking Holdings, Inc.(a)		96		296,059
Caesars Entertainment, Inc.(a)		555		25,724
Carnival Corp.(a)		2,598		35,645
Chipotle Mexican Grill, Inc.(a)		72		131,892
Compass Group PLC		4,471		108,831
Darden Restaurants, Inc.		312		44,685
Delivery Hero SE(a) (c)		452		12,906
Domino’s Pizza, Inc.		92		34,849
DoorDash, Inc. - Class A(a)		652		51,814
DraftKings, Inc. - Class A(a)		1,073		31,589
Entain PLC		1,647		18,680
Evolution AB(c)		473		47,730
Expedia Group, Inc.(a)		368		37,930
Flutter Entertainment PLC(a)		456		74,387
Galaxy Entertainment Group Ltd.		5,343		31,971
Genting Singapore Ltd.		14,869		9,179
Hilton Worldwide Holdings, Inc.		683		102,573
Hyatt Hotels Corp. - Class A(b)		121		12,836
InterContinental Hotels Group PLC		434		32,096
La Francaise des Jeux SAEM(c)		271		8,802
Las Vegas Sands Corp.		887		40,660
Lottery Corp., Ltd. (The)		5,741		17,349
Marriott International, Inc./MD - Class A		665		130,712
McDonald’s Corp.		1,884		496,321
McDonald’s Holdings Co. Japan Ltd.(b)		192		7,336
MGM Resorts International(a)		750		27,570
Oriental Land Co., Ltd./Japan		2,805		92,026
Restaurant Brands International, Inc.(b)		763		50,811
Royal Caribbean Cruises Ltd.(a)		594		54,731
Sands China Ltd.(a)		6,020		18,307
Sodexo SA		227		23,369
Starbucks Corp.		2,957		269,885
Vail Resorts, Inc.		104		23,077
Whitbread PLC		510		21,467
Wynn Resorts Ltd.		264		24,396
Yum! Brands, Inc.		723		90,332
Zensho Holdings Co., Ltd.		200		8,685
				2,841,241

13

Company	Shares		U.S. $ Value
Household Durables – 0.3%
Barratt Developments PLC		2,513	$	13,474
Berkeley Group Holdings PLC		274		13,684
DR Horton, Inc.		792		85,116
Garmin Ltd.		395		41,554
Iida Group Holdings Co., Ltd.		311		5,161
Lennar Corp. - Class A		652		73,174
Mohawk Industries, Inc.(a)		140		12,013
NVR, Inc.(a)		9		53,670
Open House Group Co., Ltd.		200		6,782
Panasonic Holdings Corp.		5,671		64,013
Persimmon PLC		823		10,778
PulteGroup, Inc.		576		42,653
SEB SA		64		5,970
Sekisui Chemical Co., Ltd.		983		14,142
Sekisui House Ltd.		1,489		29,633
Sharp Corp./Japan(a) (b)		597		3,717
Sony Group Corp.		3,234		264,462
Taylor Wimpey PLC		9,110		12,993
Whirlpool Corp.		142		18,985
				771,974
Leisure Products – 0.0%
Bandai Namco Holdings, Inc.		1,537		31,263
BRP, Inc.(b)		94		7,115
Hasbro, Inc.		340		22,488
Shimano, Inc.		260		34,799
Yamaha Corp.(b)		294		8,030
				103,695
Specialty Retail – 1.0%
AutoZone, Inc.(a)		47		119,380
Bath & Body Works, Inc.		561		18,962
Best Buy Co., Inc.		507		35,221
Burlington Stores, Inc.(a)		168		22,730
CarMax, Inc.(a)		408		28,858
Chewy, Inc. - Class A(a)		299		5,460
Dick’s Sporting Goods, Inc.		162		17,590
Dufry AG (REG)(a)		249		9,453
Dynatrace, Inc.(a)		643		30,047
Fast Retailing Co., Ltd.		457		99,542
H & M Hennes & Mauritz AB - Class B		1,665		23,610
Home Depot, Inc. (The)		2,594		783,803
Industria de Diseno Textil SA		2,813		104,677
JD Sports Fashion PLC		6,684		12,142
Kingfisher PLC		4,913		13,337
Lowe’s Cos., Inc.		1,512		314,254
Nitori Holdings Co., Ltd.		213		23,749
O’Reilly Automotive, Inc.(a)		157		142,691
Ross Stores, Inc.		876		98,944
TJX Cos., Inc. (The)		2,964		263,440
Tractor Supply Co.		283		57,463
Ulta Beauty, Inc.(a)		129		51,529

14

Company	Shares		U.S. $ Value
USS Co., Ltd.		453	$	7,489
Zalando SE(a) (c)		577		12,820
ZOZO, Inc.(b)		271		4,962
				2,302,153
Textiles, Apparel & Luxury Goods – 0.6%
adidas AG		418		73,321
Burberry Group PLC		972		22,526
Deckers Outdoor Corp.(a)		68		34,958
Gildan Activewear, Inc.		459		12,865
Hermes International SCA		82		149,472
Kering SA		192		87,238
Lululemon Athletica, Inc.(a)		299		115,297
LVMH Moet Hennessy Louis Vuitton SE		713		538,194
Moncler SpA		531		30,774
NIKE, Inc. - Class B		3,168		302,924
Pandora A/S		218		22,496
Puma SE		272		16,818
Swatch Group AG (The)		75		19,209
Swatch Group AG (The) (REG)		136		6,642
VF Corp.(b)		852		15,055
				1,447,789
				15,303,216
Industrials – 6.4%
Aerospace & Defense – 0.9%
Airbus SE		1,529		204,654
Axon Enterprise, Inc.(a)		181		36,017
BAE Systems PLC		7,862		95,538
Boeing Co. (The)(a)		1,474		282,536
CAE, Inc.(a)		820		19,144
Dassault Aviation SA		54		10,171
Elbit Systems Ltd.		69		13,676
General Dynamics Corp.		602		133,024
HEICO Corp.		113		18,298
HEICO Corp. - Class A		191		24,681
Howmet Aerospace, Inc.		1,013		46,851
Huntington Ingalls Industries, Inc.		103		21,072
Kongsberg Gruppen ASA		227		9,355
L3Harris Technologies, Inc.		486		84,622
Lockheed Martin Corp.		588		240,469
Melrose Industries PLC		3,485		19,866
MTU Aero Engines AG		139		25,174
Northrop Grumman Corp.		373		164,191
Rheinmetall AG		113		29,069
Rolls-Royce Holdings PLC(a)		21,709		58,167
RTX Corp.		3,769		271,255
Saab AB - Class B		206		10,485
Safran SA		882		138,218
Singapore Technologies Engineering Ltd.		3,908		11,153
Textron, Inc.		520		40,633
Thales SA		271		38,087
TransDigm Group, Inc.(a)		142		119,724
				2,166,130

15

Company	Shares		U.S. $ Value
Air Freight & Logistics – 0.3%
CH Robinson Worldwide, Inc.		301	$	25,925
Deutsche Post AG (REG)		2,557		103,752
DSV A/S		480		89,443
Expeditors International of Washington, Inc.		394		45,164
FedEx Corp.		616		163,191
Nippon Express Holdings, Inc.		141		7,357
SG Holdings Co., Ltd.		752		9,627
United Parcel Service, Inc. - Class B		1,870		291,477
Yamato Holdings Co., Ltd.		596		9,701
				745,637
Building Products – 0.4%
A O Smith Corp.		321		21,228
AGC, Inc.		422		14,790
Allegion PLC		227		23,653
Assa Abloy AB - Class B		2,585		56,168
Builders FirstSource, Inc.(a)		331		41,206
Carlisle Cos., Inc.		132		34,222
Carrier Global Corp.		2,153		118,846
Cie de Saint-Gobain SA		1,193		71,401
Daikin Industries Ltd.(b)		719		112,719
Fortune Brands Innovations, Inc.		327		20,326
Geberit AG (REG)		87		43,385
Johnson Controls International PLC		1,770		94,182
Kingspan Group PLC		399		29,799
Lennox International, Inc.		83		31,079
Lixil Corp.(b)		672		7,810
Masco Corp.		581		31,054
Nibe Industrier AB - Class B(b)		3,908		25,550
Otis Worldwide Corp.		1,066		85,610
Owens Corning		233		31,784
ROCKWOOL A/S - Class B		24		5,800
TOTO Ltd.(b)		261		6,735
Trane Technologies PLC		589		119,514
Xinyi Glass Holdings Ltd.		4,186		5,394
				1,032,255
Commercial Services & Supplies – 0.3%
Brambles Ltd.		3,583		32,915
Cintas Corp.		237		113,999
Copart, Inc.(a)		2,216		95,487
Dai Nippon Printing Co., Ltd.		466		12,125
GFL Environmental, Inc.(b)		599		19,021
RB Global, Inc.(b)		469		29,364
Rentokil Initial PLC		6,500		48,260
Republic Services, Inc.		571		81,373
Rollins, Inc.		635		23,705
Secom Co., Ltd.		570		38,669
Securitas AB - Class B		1,268		10,026
TOPPAN Holdings, Inc.		536		12,822
Waste Connections, Inc.		665		89,310
Waste Management, Inc.		1,050		160,062
				767,138

16

Company	Shares		U.S. $ Value
Construction & Engineering – 0.2%
ACS Actividades de Construccion y Servicios SA		565	$	20,312
AECOM		341		28,317
Bouygues SA		491		17,168
Eiffage SA		190		18,034
Epiroc AB - Class A		1,699		32,259
Epiroc AB - Class B		1,005		16,077
Ferrovial SE(b)		1,313		40,121
Kajima Corp.		1,003		16,327
Obayashi Corp.		1,584		13,939
Quanta Services, Inc.		375		70,151
Shimizu Corp.		1,417		9,843
Skanska AB - Class B		877		14,401
Stantec, Inc.(b)		286		18,557
Taisei Corp.		400		14,079
Vinci SA		1,371		151,675
WSP Global, Inc.(b)		322		45,446
				526,706
Electrical Equipment – 0.5%
ABB Ltd. (REG)		4,126		147,270
AMETEK, Inc.		595		87,917
Eaton Corp. PLC		1,028		219,252
Emerson Electric Co.		1,474		142,344
Fuji Electric Co., Ltd.		330		14,862
Generac Holdings, Inc.(a)		161		17,542
Hubbell, Inc.		139		43,564
Legrand SA		688		63,218
Mitsubishi Electric Corp.		4,958		61,253
Nidec Corp.		1,083		50,006
Prysmian SpA		677		27,174
Rockwell Automation, Inc.		297		84,903
Schneider Electric SE		1,404		231,368
Sensata Technologies Holding PLC		394		14,901
Siemens Energy AG(a)		1,340		17,464
Vestas Wind Systems A/S(a)		2,604		55,710
				1,278,748
Ground Transportation – 0.7%
Aurizon Holdings Ltd.		4,747		10,614
Canadian National Railway Co.		1,452		157,243
Canadian Pacific Kansas City Ltd. (Canada)(b)		2,402		178,543
Central Japan Railway Co.		2,035		49,487
CSX Corp.		5,283		162,452
East Japan Railway Co.(b)		793		45,381
Grab Holdings Ltd. - Class A(a)		4,203		14,879
Hankyu Hanshin Holdings, Inc.		538		18,357
JB Hunt Transport Services, Inc.		214		40,343
Keio Corp.(b)		216		7,426
Keisei Electric Railway Co., Ltd.		251		8,694
Kintetsu Group Holdings Co., Ltd.(b)		428		12,135
Knight-Swift Transportation Holdings, Inc.		415		20,812
MTR Corp., Ltd.		3,764		14,869
Norfolk Southern Corp.		588		115,795
Odakyu Electric Railway Co., Ltd.(b)		726		10,848
Old Dominion Freight Line, Inc.		255		104,331
TFI International, Inc.(b)		199		25,558
Tobu Railway Co., Ltd.		482		12,388

17

Company	Shares		U.S. $ Value
Tokyu Corp.		1,253	$	14,446
U-Haul Holding Co. (Non-Voting)		250		13,097
Uber Technologies, Inc.(a)		4,698		216,061
Union Pacific Corp.		1,573		320,310
West Japan Railway Co.		548		22,677
				1,596,746
Industrial Conglomerates – 0.6%
3M Co.		1,423		133,221
CK Hutchison Holdings Ltd.		6,047		32,104
DCC PLC		255		14,277
General Electric Co.		2,809		310,535
Hikari Tsushin, Inc.		86		13,097
Hitachi Ltd.		2,422		150,110
Honeywell International, Inc.		1,717		317,199
Investment AB Latour - Class B(b)		381		6,696
Jardine Cycle & Carriage Ltd.		1,000		23,314
Jardine Matheson Holdings Ltd.		640		29,659
Keppel Corp., Ltd.		2,974		14,768
Lifco AB - Class B		601		10,513
Siemens AG (REG)		1,961		280,244
Smiths Group PLC		902		17,759
Toshiba Corp.(a) (b)		1,045		32,178
				1,385,674
Machinery – 1.2%
Alfa Laval AB		746		25,556
Alstom SA		738		17,540
Atlas Copco AB - Class A		6,928		93,048
Atlas Copco AB - Class B		4,026		47,084
Caterpillar, Inc.		1,330		363,090
CNH Industrial NV		2,639		32,037
Cummins, Inc.		366		83,616
Daifuku Co., Ltd.		706		13,327
Daimler Truck Holding AG		1,273		44,077
Deere & Co.		719		271,336
Dover Corp.		361		50,363
FANUC Corp.		2,370		61,638
Fortive Corp.		912		67,634
GEA Group AG		395		14,557
Graco, Inc.		434		31,630
Hitachi Construction Machinery Co., Ltd.		258		7,829
Hoshizaki Corp.(b)		202		7,012
Husqvarna AB - Class B(b)		901		6,876
IDEX Corp.		195		40,564
Illinois Tool Works, Inc.		784		180,563
Indutrade AB		704		13,002
Ingersoll Rand, Inc.		1,043		66,460
Knorr-Bremse AG		187		11,855
Komatsu Ltd.		2,300		62,034
Kone Oyj - Class B		877		36,957
Kubota Corp.		2,551		37,527
Kurita Water Industries Ltd.(b)		279		9,709
Makita Corp.		495		12,206
Metso Oyj(b)		1,710		17,933
MINEBEA MITSUMI, Inc.		933		15,201
MISUMI Group, Inc.		730		11,368
Mitsubishi Heavy Industries Ltd.		863		48,135

18

Company	Shares		U.S. $ Value
NGK Insulators Ltd.		596	$	7,899
Nordson Corp.		133		29,682
PACCAR, Inc.		1,348		114,607
Parker-Hannifin Corp.		331		128,931
Pentair PLC		425		27,519
Rational AG		14		8,858
Sandvik AB		2,750		50,601
Schindler Holding AG		105		20,916
Schindler Holding AG (REG)		61		11,737
Seatrium Ltd.(a)		113,843		11,132
SKF AB - Class B		878		14,576
SMC Corp.		210		94,135
Snap-on, Inc.		137		34,943
Spirax-Sarco Engineering PLC		191		22,109
Stanley Black & Decker, Inc.		392		32,763
Techtronic Industries Co., Ltd.		3,244		31,316
Toro Co. (The)		268		22,271
Toyota Industries Corp.		406		31,958
VAT Group AG(c)		70		24,979
Volvo AB - Class A		516		10,716
Volvo AB - Class B		3,892		80,166
Wartsila OYJ Abp(b)		1,221		13,839
Westinghouse Air Brake Technologies Corp.		464		49,309
Xylem, Inc./NY		618		56,257
				2,732,983
Marine Transportation – 0.1%
AP Moller - Maersk A/S - Class A		8		14,158
AP Moller - Maersk A/S - Class B		13		23,386
Kawasaki Kisen Kaisha Ltd.(b)		300		10,238
Kuehne & Nagel International AG (REG)		141		40,062
Mitsui OSK Lines Ltd.(b)		817		22,450
Nippon Yusen KK(b)		1,189		30,872
SITC International Holdings Co., Ltd.		3,000		5,034
				146,200
Passenger Airlines – 0.0%
Air Canada(a) (b)		453		6,464
ANA Holdings, Inc.(a)		395		8,270
Delta Air Lines, Inc.		415		15,355
Deutsche Lufthansa AG (REG)(a)		1,541		12,194
Japan Airlines Co., Ltd.		358		6,956
Qantas Airways Ltd.(a)		2,179		7,213
Singapore Airlines Ltd.(b)		2,936		13,850
Southwest Airlines Co.		383		10,368
				80,670
Professional Services – 0.6%
Adecco Group AG (REG)(b)		412		16,922
Automatic Data Processing, Inc.		1,066		256,458
BayCurrent Consulting, Inc.		300		9,997
Booz Allen Hamilton Holding Corp.		338		36,933
Broadridge Financial Solutions, Inc.		305		54,610
Bureau Veritas SA		760		18,845
Ceridian HCM Holding, Inc.(a)		380		25,783
Clarivate PLC(a) (b)		871		5,844

19

Company	Shares		U.S. $ Value
Computershare Ltd.		1,479	$	24,647
Equifax, Inc.		317		58,068
Experian PLC		2,373		77,615
Intertek Group PLC		416		20,804
Jacobs Solutions, Inc.		327		44,636
Leidos Holdings, Inc.		336		30,966
Paychex, Inc.		837		96,531
Paycom Software, Inc.		135		35,002
Paylocity Holding Corp.(a)		116		21,077
Persol Holdings Co., Ltd.		4,810		7,813
Randstad NV		285		15,745
Recruit Holdings Co., Ltd.		3,686		112,773
RELX PLC (London)		4,884		164,786
Robert Half, Inc.		278		20,372
SGS SA (REG)		387		32,479
SS&C Technologies Holdings, Inc.		578		30,368
Teleperformance SE		153		19,210
Thomson Reuters Corp.(b)		410		50,157
TransUnion		498		35,751
Verisk Analytics, Inc.		374		88,354
Wolters Kluwer NV(b)		664		80,394
				1,492,940
Trading Companies & Distributors – 0.5%
AerCap Holdings NV(a)		398		24,943
Ashtead Group PLC		1,130		68,526
Beijer Ref AB(b)		992		10,437
Brenntag SE		379		29,326
Bunzl PLC		871		31,020
Fastenal Co.		1,474		80,539
Ferguson PLC		528		86,840
ITOCHU Corp.(b)		3,001		108,378
Marubeni Corp.		3,708		57,801
Mitsubishi Corp.		2,911		138,710
Mitsui & Co., Ltd.		3,331		120,815
MonotaRO Co., Ltd.		632		6,738
Reece Ltd.(b)		583		6,940
Sumitomo Corp.		2,689		53,667
Toromont Industries Ltd.(b)		212		17,266
Toyota Tsusho Corp.		592		34,819
United Rentals, Inc.		178		79,133
Watsco, Inc.(b)		87		32,862
WW Grainger, Inc.		117		80,945
				1,069,705
Transportation Infrastructure – 0.1%
Aena SME SA(c)		194		29,193
Aeroports de Paris SA		77		9,081
Auckland International Airport Ltd.		3,229		15,308
Getlink SE		922		14,698
Transurban Group		7,945		64,558
				132,838
				15,154,370

20

Company	Shares		U.S. $ Value
Communication Services – 4.4%
Diversified Telecommunication Services – 0.8%
AT&T, Inc.		18,439	$	276,954
BCE, Inc.(b)		188		7,177
BT Group PLC		16,656		23,653
Cellnex Telecom SA(c)		1,457		50,677
Charter Communications, Inc. - Class A(a)		253		111,274
Comcast Corp. - Class A		10,728		475,680
Deutsche Telekom AG (REG)		8,360		175,366
Elisa Oyj		367		17,019
HKT Trust & HKT Ltd.		9,744		10,161
Infrastrutture Wireless Italiane SpA(b) (c)		866		10,290
Koninklijke KPN NV		8,330		27,445
Liberty Global PLC - Class C(a) (b)		635		11,786
Nippon Telegraph & Telephone Corp.		77,075		91,229
Orange SA		4,802		55,080
Quebecor, Inc. - Class B(b)		397		8,508
Singapore Telecommunications Ltd.		20,333		35,991
Sirius XM Holdings, Inc.(b)		1,995		9,017
Spark New Zealand Ltd.		4,758		13,698
Swisscom AG (REG)		67		39,784
Telecom Italia SpA/Milano(a) (b)		25,701		8,015
Telefonica Deutschland Holding AG		2,301		4,115
Telefonica SA(b)		13,349		54,535
Telenor ASA		1,804		20,458
Telia Co. AB		6,085		12,552
Telstra Group Ltd.		10,431		25,771
TELUS Corp.		1,214		19,824
Verizon Communications, Inc.		10,843		351,422
Washington H Soul Pattinson & Co., Ltd.(b)		605		12,621
				1,960,102
Entertainment – 0.7%
Activision Blizzard, Inc.		2,028		189,882
Bollore SE		1,903		10,214
Capcom Co., Ltd.		468		16,844
Electronic Arts, Inc.		667		80,307
Koei Tecmo Holdings Co., Ltd.		246		3,495
Konami Group Corp.(b)		230		12,127
Liberty Media Corp-Liberty Formula One - Class C(a)		510		31,773
Live Nation Entertainment, Inc.(a)		415		34,461
Netflix, Inc.(a)		1,147		433,107
Nexon Co., Ltd.		840		15,010
Nintendo Co., Ltd.		2,660		110,531
ROBLOX Corp. - Class A(a) (b)		1,084		31,393
Roku, Inc.(a)		318		22,447
Sea Ltd. (ADR)(a)		944		41,489
Square Enix Holdings Co., Ltd.		218		7,470
Take-Two Interactive Software, Inc.(a)		437		61,350
Toho Co., Ltd./Tokyo		296		10,098
Universal Music Group NV(b)		2,113		55,141
Walt Disney Co. (The)(a)		4,713		381,989
Warner Bros Discovery, Inc.(a)		5,969		64,823
				1,613,951

21

Company	Shares		U.S. $ Value
Interactive Media & Services – 2.4%
Adevinta ASA(a)		751	$	7,399
Alphabet, Inc. - Class A(a)		15,324		2,005,299
Alphabet, Inc. - Class C(a)		13,636		1,797,907
Auto Trader Group PLC(c)		2,369		17,800
Match Group, Inc.(a)		718		28,128
Meta Platforms, Inc. - Class A(a)		5,706		1,712,998
Pinterest, Inc. - Class A(a)		1,532		41,410
REA Group Ltd.(b)		137		13,530
Scout24 SE(c)		193		13,382
SEEK Ltd.(b)		918		12,969
Snap, Inc. - Class A(a)		2,620		23,344
Z Holdings Corp.(b)		6,835		18,961
ZoomInfo Technologies, Inc.(a)		674		11,054
				5,704,181
Media – 0.2%
CyberAgent, Inc.		1,104		5,943
Dentsu Group, Inc.		426		12,529
Fox Corp. - Class A		694		21,653
Fox Corp. - Class B		364		10,512
Hakuhodo DY Holdings, Inc.(b)		481		3,951
Informa PLC		3,610		32,964
Interpublic Group of Cos., Inc. (The)		995		28,517
Liberty Broadband Corp. - Class C(a)		309		28,218
Liberty Media Corp-Liberty SiriusXM - Class A(a)		423		10,769
News Corp. - Class A		982		19,699
Omnicom Group, Inc.		515		38,357
Paramount Global - Class B		1,260		16,254
Publicis Groupe SA		590		44,659
Trade Desk, Inc. (The) - Class A(a)		1,147		89,638
Vivendi SE		1,746		15,292
WPP PLC		2,772		24,697
				403,652
Wireless Telecommunication Services – 0.3%
KDDI Corp.		3,768		115,340
Rogers Communications, Inc. - Class B		915		35,131
SoftBank Corp.		7,387		83,608
SoftBank Group Corp.		2,662		112,138
T-Mobile US, Inc.(a)		1,393		195,090
Tele2 AB - Class B		1,377		10,531
Vodafone Group PLC		59,312		55,599
				607,437
				10,289,323
Consumer Staples – 4.3%
Beverages – 1.0%
Anheuser-Busch InBev SA/NV		2,240		124,177
Asahi Group Holdings Ltd.		1,164		43,481

22

Company	Shares		U.S. $ Value
Brown-Forman Corp. - Class B		798	$	46,037
Budweiser Brewing Co. APAC Ltd.(c)		4,137		8,130
Carlsberg AS - Class B		254		32,025
Coca-Cola Co. (The)		10,597		593,220
Coca-Cola Europacific Partners PLC		533		33,302
Coca-Cola HBC AG(a)		569		15,559
Constellation Brands, Inc. - Class A		426		107,066
Davide Campari-Milano NV(b)		1,348		15,869
Diageo PLC		5,796		213,687
Heineken Holding NV		334		25,171
Heineken NV		743		65,504
Keurig Dr Pepper, Inc.		2,353		74,284
Kirin Holdings Co., Ltd.		1,928		26,993
Molson Coors Beverage Co. - Class B		490		31,159
Monster Beverage Corp.(a)		2,025		107,224
PepsiCo, Inc.		3,551		601,681
Pernod Ricard SA		528		87,907
Remy Cointreau SA		59		7,193
Suntory Beverage & Food Ltd.		338		10,286
Treasury Wine Estates Ltd.		1,861		14,696
				2,284,651
Consumer Staples Distribution & Retail – 1.0%
Aeon Co., Ltd.		1,625		32,188
Albertsons Cos., Inc. - Class A		816		18,564
Alimentation Couche-Tard, Inc.		2,015		102,334
Carrefour SA		1,541		26,467
Coles Group Ltd.		3,248		32,418
Costco Wholesale Corp.		1,143		645,749
Dollar General Corp.		566		59,883
Dollar Tree, Inc.(a)		540		57,483
Empire Co., Ltd. - Class A		374		10,174
Endeavour Group Ltd./Australia(b)		3,695		12,475
George Weston Ltd.		161		17,855
HelloFresh SE(a)		400		11,886
J Sainsbury PLC		4,273		13,159
Jeronimo Martins SGPS SA		730		16,394
Kesko Oyj - Class B		704		12,613
Kobe Bussan Co., Ltd.(b)		296		6,930
Koninklijke Ahold Delhaize NV(b)		2,505		75,500
Kroger Co. (The)		1,759		78,715
Loblaw Cos., Ltd.		412		35,004
MatsukiyoCocokara & Co.		900		16,122
Metro, Inc./CN		598		31,057
Ocado Group PLC(a) (b)		1,493		10,855
Seven & i Holdings Co., Ltd.		1,912		74,855
Sysco Corp.		1,307		86,327
Target Corp.		1,191		131,689
Tesco PLC		18,489		59,470
Walgreens Boots Alliance, Inc.		1,892		42,078
Walmart, Inc.		3,820		610,933
Welcia Holdings Co., Ltd.		240		4,145
Woolworths Group Ltd.(b)		3,143		75,247
				2,408,569

23

Company	Shares		U.S. $ Value
Food Products – 0.9%
Ajinomoto Co., Inc.		1,158	$	44,651
Archer-Daniels-Midland Co.		1,405		105,965
Associated British Foods PLC		896		22,511
Barry Callebaut AG (REG)		10		15,902
Bunge Ltd.		389		42,109
Campbell Soup Co.		500		20,540
Chocoladefabriken Lindt & Spruengli AG(b)		3		33,338
Chocoladefabriken Lindt & Spruengli AG (REG)		1		109,496
Conagra Brands, Inc.		1,230		33,727
Danone SA		1,661		91,617
Darling Ingredients, Inc.(a)		412		21,506
General Mills, Inc.		1,509		96,561
Hershey Co. (The)		380		76,030
Hormel Foods Corp.		775		29,473
J M Smucker Co. (The)		263		32,325
JDE Peet’s NV(b)		324		9,050
Kellogg Co.		707		42,074
Kerry Group PLC - Class A		411		34,341
Kikkoman Corp.		337		17,663
Kraft Heinz Co. (The)		2,215		74,513
Lamb Weston Holdings, Inc.		376		34,765
Lotus Bakeries NV		2		16,261
McCormick & Co., Inc./MD		648		49,015
MEIJI Holdings Co., Ltd.		540		13,421
Mondelez International, Inc. - Class A		3,513		243,802
Mowi ASA		1,121		19,814
Nestle SA (REG)		6,887		779,581
Nissin Foods Holdings Co., Ltd.		164		13,627
Orkla ASA		1,937		14,467
Salmar ASA		187		9,471
Saputo, Inc.(b)		649		13,570
Tyson Foods, Inc. - Class A		737		37,211
WH Group Ltd.(c)		21,359		11,180
Wilmar International Ltd.		4,113		11,193
Yakult Honsha Co., Ltd.		684		16,612
				2,237,382
Household Products – 0.6%
Church & Dwight Co., Inc.		630		57,727
Clorox Co. (The)		319		41,808
Colgate-Palmolive Co.		2,033		144,567
Essity AB - Class B		1,571		33,882
Henkel AG & Co. KGaA		268		16,898
Henkel AG & Co. KGaA (Preference Shares)		437		31,118
Kimberly-Clark Corp.		870		105,139
Procter & Gamble Co. (The)		6,080		886,829
Reckitt Benckiser Group PLC		1,851		130,534
Unicharm Corp.(b)		994		35,146
				1,483,648
Personal Care Products – 0.4%
Beiersdorf AG		260		33,537
Estee Lauder Cos., Inc. (The) - Class A		598		86,441
Haleon PLC		14,291		59,237
Kao Corp.		1,193		44,219
Kenvue, Inc.		3,951		79,336
Kobayashi Pharmaceutical Co., Ltd.		138		6,155
Kose Corp.		96		6,958
L’Oreal SA		623		258,179

24

Company	Shares		U.S. $ Value
Shiseido Co., Ltd.(b)		963	$	33,748
Unilever PLC (London)		6,487		320,891
				928,701
Tobacco – 0.4%
Altria Group, Inc.		4,604		193,598
British American Tobacco PLC		5,479		172,033
Imperial Brands PLC		2,226		45,158
Japan Tobacco, Inc.		3,090		71,095
Philip Morris International, Inc.		4,004		370,690
				852,574
				10,195,525
Energy – 3.1%
Energy Equipment & Services – 0.2%
Baker Hughes Co.		2,611		92,221
Halliburton Co.		2,327		94,243
Schlumberger NV		3,676		214,311
Tenaris SA		1,218		19,239
				420,014
Oil, Gas & Consumable Fuels – 2.9%
Aker BP ASA		815		22,504
Ampol Ltd.		614		13,256
APA Corp.		796		32,716
ARC Resources Ltd.(b)		1,573		25,108
BP PLC		44,756		288,494
Cameco Corp.		1,117		44,318
Canadian Natural Resources Ltd.		2,856		184,702
Cenovus Energy, Inc.(b)		3,693		76,892
Cheniere Energy, Inc.		627		104,057
Chesapeake Energy Corp.(b)		294		25,352
Chevron Corp.		4,680		789,142
ConocoPhillips		3,121		373,896
Coterra Energy, Inc.		1,953		52,829
Devon Energy Corp.		1,655		78,943
Diamondback Energy, Inc.		444		68,767
Enbridge, Inc.		5,222		173,202
ENEOS Holdings, Inc.(b)		7,337		28,879
Eni SpA(b)		6,095		97,909
EOG Resources, Inc.		1,509		191,281
EQT Corp.		933		37,861
Equinor ASA		2,323		76,129
Exxon Mobil Corp.		10,427		1,226,007
Galp Energia SGPS SA		1,269		18,796
Hess Corp.		713		109,089
HF Sinclair Corp.		397		22,601
Idemitsu Kosan Co., Ltd.		424		9,720
Imperial Oil Ltd.(b)		527		32,460
Inpex Corp.		2,418		36,266
Keyera Corp.(b)		591		13,876
Kinder Morgan, Inc.		5,202		86,249
Marathon Oil Corp.		1,593		42,613
Marathon Petroleum Corp.		1,095		165,717
Neste Oyj(b)		1,091		36,951
Occidental Petroleum Corp.		1,725		111,918

25

Company	Shares		U.S. $ Value
OMV AG		380	$	18,150
ONEOK, Inc.		1,154		73,198
Ovintiv, Inc. (New York)		641		30,492
Parkland Corp.		362		10,589
Pembina Pipeline Corp.		1,419		42,667
Phillips 66		1,184		142,258
Pioneer Natural Resources Co.		603		138,419
Repsol SA		3,294		54,183
Santos Ltd.		8,377		42,229
Shell PLC		17,292		548,056
Suncor Energy, Inc.		3,401		116,960
Targa Resources Corp.		554		47,489
TC Energy Corp.(b)		2,625		90,273
Texas Pacific Land Corp.		16		29,177
TotalEnergies SE		5,800		381,346
Tourmaline Oil Corp.(b)		831		41,818
Valero Energy Corp.		933		132,215
Williams Cos., Inc. (The)		3,142		105,854
Woodside Energy Group Ltd.		4,897		113,860
				6,857,733
				7,277,747
Materials – 2.4%
Chemicals – 1.2%
Air Liquide SA		1,351		227,551
Air Products and Chemicals, Inc.		573		162,388
Akzo Nobel NV		440		31,723
Albemarle Corp.		303		51,522
Arkema SA		155		15,258
Asahi Kasei Corp.		3,175		19,985
BASF SE		2,305		104,336
Celanese Corp.(b)		267		33,514
CF Industries Holdings, Inc.		503		43,127
Chr Hansen Holding A/S		272		16,639
Clariant AG (REG)(a)		556		8,766
Corteva, Inc.		1,833		93,776
Covestro AG(a) (c)		498		26,780
Croda International PLC		360		21,503
Dow, Inc.		1,824		94,045
DSM-Firmenich AG		480		40,561
DuPont de Nemours, Inc.		1,184		88,315
Eastman Chemical Co.		307		23,553
Ecolab, Inc.		661		111,973
EMS-Chemie Holding AG (REG)		19		12,875
Evonik Industries AG		540		9,850
FMC Corp.		323		21,631
Givaudan SA (REG)		24		78,140
ICL Group Ltd.		1,995		11,009
IMCD NV(b)		147		18,586
International Flavors & Fragrances, Inc.		658		44,856
Johnson Matthey PLC		473		9,364
JSR Corp.		412		11,053
Linde PLC		1,259		468,789
LyondellBasell Industries NV - Class A		671		63,544
Mitsubishi Chemical Group Corp.(b)		3,205		20,192
Mitsui Chemicals, Inc.		440		11,400
Mosaic Co. (The)		856		30,474

26

Company	Shares		U.S. $ Value
Nippon Paint Holdings Co., Ltd.(b)		2,422	$	16,266
Nippon Sanso Holdings Corp.(b)		350		8,287
Nissan Chemical Corp.		297		12,625
Nitto Denko Corp.(b)		414		27,148
Novozymes A/S - Class B		527		21,204
Nutrien Ltd.(b)		1,280		79,048
OCI NV		272		7,564
Orica Ltd.		1,174		11,706
PPG Industries, Inc.		607		78,789
RPM International, Inc.		333		31,572
Sherwin-Williams Co. (The)		632		161,192
Shin-Etsu Chemical Co., Ltd.		4,645		134,917
Sika AG (REG)		378		95,770
Solvay SA		191		21,107
Sumitomo Chemical Co., Ltd.		3,572		9,716
Symrise AG		343		32,653
Toray Industries, Inc.		3,553		18,486
Tosoh Corp.		616		7,898
Umicore SA		540		12,785
Wacker Chemie AG		47		6,712
Westlake Corp.		99		12,342
Yara International ASA		427		16,123
				2,850,988
Construction Materials – 0.1%
CRH PLC (London)		1,872		103,211
Heidelberg Materials AG		374		28,966
Holcim AG		1,344		86,028
James Hardie Industries PLC(a)		1,135		29,684
Martin Marietta Materials, Inc.		160		65,677
Vulcan Materials Co.		344		69,495
				383,061
Containers & Packaging – 0.1%
Amcor PLC		3,795		34,762
Avery Dennison Corp.		209		38,178
Ball Corp.		811		40,371
CCL Industries, Inc. - Class B		384		16,118
Crown Holdings, Inc.		310		27,429
International Paper Co.		850		30,149
Packaging Corp. of America		232		35,624
Sealed Air Corp.		372		12,224
SIG Group AG(a)		788		19,413
Smurfit Kappa Group PLC		671		22,290
Westrock Co.		660		23,628
				300,186
Metals & Mining – 0.9%
Agnico Eagle Mines Ltd.		1,269		57,664
Anglo American PLC		3,277		89,985
Antofagasta PLC		1,017		17,655
ArcelorMittal SA		1,319		33,023
Barrick Gold Corp. (Toronto)		4,527		65,759
BHP Group Ltd.		13,066		367,034
BlueScope Steel Ltd.		1,175		14,551
Boliden AB		705		20,231
Cleveland-Cliffs, Inc.(a)		1,328		20,757

27

Company	Shares		U.S. $ Value
Endeavour Mining PLC		478	$	9,227
First Quantum Minerals Ltd.		1,519		35,888
Fortescue Metals Group Ltd.(b)		4,367		58,051
Franco-Nevada Corp.		495		66,084
Freeport-McMoRan, Inc.		3,697		137,861
Glencore PLC		27,166		154,697
IGO Ltd.(b)		1,757		14,100
Ivanhoe Mines Ltd. - Class A(a) (b)		1,571		13,463
JFE Holdings, Inc.(b)		1,178		17,251
Kinross Gold Corp.		3,166		14,429
Lundin Mining Corp.		1,694		12,634
Mineral Resources Ltd.(b)		451		19,367
Newcrest Mining Ltd.		2,306		36,335
Newmont Corp. (New York)		2,050		75,748
Nippon Steel Corp.(b)		2,195		51,425
Norsk Hydro ASA		3,422		21,414
Northern Star Resources Ltd.(b)		2,966		19,695
Nucor Corp.		648		101,315
Pan American Silver Corp.(b)		940		13,606
Pilbara Minerals Ltd.(b)		6,960		18,988
Reliance Steel & Aluminum Co.		152		39,859
Rio Tinto Ltd.(b)		958		69,098
Rio Tinto PLC		2,904		182,349
South32 Ltd.		11,724		25,315
Steel Dynamics, Inc.		414		44,389
Sumitomo Metal Mining Co., Ltd.		572		16,797
Teck Resources Ltd. - Class B		1,175		50,573
voestalpine AG		299		8,140
Wheaton Precious Metals Corp.		1,168		47,399
				2,062,156
Paper & Forest Products – 0.1%
Holmen AB - Class B		242		9,407
Mondi PLC		1,252		20,886
Oji Holdings Corp.		2,181		9,176
Stora Enso Oyj - Class R(b)		1,500		18,800
Svenska Cellulosa AB SCA - Class B(b)		1,562		21,387
UPM-Kymmene Oyj		1,376		47,115
West Fraser Timber Co., Ltd.		147		10,672
				137,443
				5,733,834
Utilities – 1.5%
Electric Utilities – 0.9%
Acciona SA(b)		64		8,151
Alliant Energy Corp.		648		31,396
American Electric Power Co., Inc.		1,328		99,892
BKW AG		55		9,682
Chubu Electric Power Co., Inc.		1,639		20,864
CK Infrastructure Holdings Ltd.		903		4,261
CLP Holdings Ltd.		3,629		26,796
Constellation Energy Corp.		837		91,300
Duke Energy Corp.		1,988		175,461
Edison International		988		62,531
EDP - Energias de Portugal SA		8,094		33,654
Elia Group SA/NV		76		7,437

28

Company	Shares		U.S. $ Value
Emera, Inc.(b)		704	$	24,578
Endesa SA		819		16,668
Enel SpA		20,978		128,653
Entergy Corp.		546		50,505
Evergy, Inc.		592		30,014
Eversource Energy		900		52,335
Exelon Corp.		2,565		96,931
FirstEnergy Corp.		1,403		47,955
Fortis, Inc./Canada(b)		1,249		47,440
Fortum Oyj(b)		1,157		13,418
Hydro One Ltd.(b) (c)		849		21,615
Iberdrola SA		15,703		175,629
Kansai Electric Power Co., Inc. (The)(b)		1,771		24,519
Mercury NZ Ltd.		1,788		6,533
NextEra Energy, Inc.		5,219		298,997
NRG Energy, Inc.		593		22,842
Origin Energy Ltd.		4,443		25,018
Orsted AS(c)		488		26,549
PG&E Corp.(a)		4,890		78,876
Power Assets Holdings Ltd.		2,858		13,803
PPL Corp.		1,901		44,788
Redeia Corp. SA		1,046		16,455
Southern Co. (The)		2,813		182,057
SSE PLC		2,812		55,105
Terna - Rete Elettrica Nazionale(b)		3,629		27,295
Tokyo Electric Power Co. Holdings, Inc.(a)		3,884		17,325
Verbund AG		176		14,318
Xcel Energy, Inc.		1,420		81,252
				2,212,898
Gas Utilities – 0.1%
AltaGas Ltd.(b)		726		13,924
APA Group		3,248		17,279
Atmos Energy Corp.		373		39,512
Enagas SA		641		10,615
Hong Kong & China Gas Co., Ltd.		28,787		20,030
Naturgy Energy Group SA(b)		325		8,842
Osaka Gas Co., Ltd.		940		15,467
Snam SpA(b)		5,201		24,404
Tokyo Gas Co., Ltd.		950		21,539
				171,612
Independent Power and Renewable Electricity Producers – 0.1%
AES Corp. (The)		1,726		26,235
Brookfield Renewable Corp. - Class A		349		8,354
Corp. ACCIONA Energias Renovables SA(b)		169		4,353
EDP Renovaveis SA(b)		792		12,971
Meridian Energy Ltd.		3,331		10,244
Northland Power, Inc.(b)		651		10,602
RWE AG		1,631		60,542
Vistra Corp.		865		28,701
				162,002

29

Company	Shares		U.S. $ Value
Multi-Utilities – 0.3%
Algonquin Power & Utilities Corp.(b)		1,687	$	9,986
Ameren Corp.		677		50,660
Canadian Utilities Ltd. - Class A		338		7,142
CenterPoint Energy, Inc.		1,627		43,685
Centrica PLC		14,352		26,995
CMS Energy Corp.		752		39,939
Consolidated Edison, Inc.		894		76,464
Dominion Energy, Inc.		2,156		96,308
DTE Energy Co.		532		52,817
E.ON SE		5,790		68,472
Engie SA		4,711		72,249
National Grid PLC		9,497		113,578
NiSource, Inc.		1,065		26,284
Public Service Enterprise Group, Inc.		1,287		73,243
Sembcorp Industries Ltd.		2,000		7,434
Sempra		1,623		110,413
Veolia Environnement SA		1,752		50,643
WEC Energy Group, Inc.		814		65,568
				991,880
Water Utilities – 0.1%
American Water Works Co., Inc.		502		62,163
Essential Utilities, Inc.		647		22,211
Severn Trent PLC		650		18,756
United Utilities Group PLC		1,758		20,314
				123,444
				3,661,836
Real Estate – 1.4%
Diversified REITs – 0.0%
Daiwa House REIT Investment Corp.		7		12,350
GPT Group (The)(b)		4,940		12,302
Land Securities Group PLC		1,817		13,024
Mirvac Group(b)		10,177		13,833
Nomura Real Estate Master Fund, Inc.(a)		13		14,560
Stockland		6,157		15,410
WP Carey, Inc.		552		29,852
				111,331
Health Care REITs – 0.1%
Healthcare Realty Trust, Inc.		982		14,995
Healthpeak Properties, Inc.		1,410		25,888
Ventas, Inc.		1,032		43,478
Welltower, Inc.		1,282		105,021
				189,382
Hotel & Resort REITs – 0.0%
Host Hotels & Resorts, Inc.		1,834		29,472
Industrial REITs – 0.2%
CapitaLand Ascendas REIT		8,639		17,327
GLP J-Reit		13		11,619
Goodman Group(b)		4,373		59,936
Mapletree Logistics Trust		8,093		9,921
Nippon Prologis REIT, Inc.(a)		6		11,202
Prologis, Inc.		2,382		267,284
Segro PLC		3,000		26,232
Warehouses De Pauw CVA		427		10,553
				414,074

30

Company	Shares		U.S. $ Value
Office REITs – 0.1%
Alexandria Real Estate Equities, Inc.		424	$	42,443
Boston Properties, Inc.		384		22,840
Covivio SA/France		130		5,766
Dexus		2,774		12,931
Gecina SA		119		12,133
Japan Real Estate Investment Corp.		4		15,587
Nippon Building Fund, Inc.		5		20,248
				131,948
Real Estate Management & Development – 0.3%
Azrieli Group Ltd.		109		5,595
Capitaland Investment Ltd./Singapore(b)		6,504		14,696
CBRE Group, Inc. - Class A(a)		802		59,236
City Developments Ltd.		1,050		5,067
CK Asset Holdings Ltd.		5,031		26,426
CoStar Group, Inc.(a)		1,054		81,042
Daito Trust Construction Co., Ltd.		183		19,276
Daiwa House Industry Co., Ltd.		1,444		38,756
ESR Group Ltd.(c)		4,748		6,638
Fastighets AB Balder - Class B(a) (b)		1,681		7,536
FirstService Corp.(b)		104		15,127
Hang Lung Properties Ltd.		4,030		5,514
Henderson Land Development Co., Ltd.		2,938		7,715
Hongkong Land Holdings Ltd.		2,395		8,541
Hulic Co., Ltd.(b)		901		8,079
LEG Immobilien SE(a)		191		13,135
Lendlease Corp., Ltd.(b)		1,778		8,154
Mitsubishi Estate Co., Ltd.		2,835		36,985
Mitsui Fudosan Co., Ltd.		2,269		49,972
New World Development Co., Ltd.		3,625		7,028
Nomura Real Estate Holdings, Inc.		231		5,799
Sagax AB - Class B		508		9,650
Sino Land Co., Ltd.		9,242		10,394
Sumitomo Realty & Development Co., Ltd.		656		17,031
Sun Hung Kai Properties Ltd.		3,616		38,583
Swire Pacific Ltd. - Class A		435		2,930
Swire Properties Ltd.		2,422		5,037
Swiss Prime Site AG (REG)		198		18,127
Unibail-Rodamco-Westfield(a)		305		14,998
UOL Group Ltd.		370		1,731
Vonovia SE		1,891		45,305
Wharf Real Estate Investment Co., Ltd.		3,876		14,938
Zillow Group, Inc. - Class C(a)		396		18,279
				627,320
Residential REITs – 0.2%
American Homes 4 Rent - Class A		838		28,232
AvalonBay Communities, Inc.		367		63,028
Camden Property Trust		276		26,104
Canadian Apartment Properties REIT		211		7,003
Equity LifeStyle Properties, Inc.		456		29,052
Equity Residential		928		54,483

31

Company			Shares		U.S. $ Value
Essex Property Trust, Inc.				166	$	35,207
Invitation Homes, Inc.				1,578		50,007
Mid-America Apartment Communities, Inc.				301		38,724
Sun Communities, Inc.				321		37,987
UDR, Inc.				806		28,750
						398,577
Retail REITs – 0.1%
CapitaLand Integrated Commercial Trust				13,593		18,344
Japan Metropolitan Fund Invest				21		13,619
Kimco Realty Corp.				1,598		28,109
Klepierre SA(a)				554		13,565
Link REIT				6,173		30,183
Mapletree Pan Asia Commercial Trust				5,196		5,423
Realty Income Corp.				1,736		86,696
Regency Centers Corp.				429		25,500
RioCan Real Estate Investment Trust				379		5,042
Scentre Group				13,387		21,036
Simon Property Group, Inc.				844		91,177
Vicinity Ltd.				9,980		10,816
						349,510
Specialized REITs – 0.4%
American Tower Corp.				1,202		197,669
Crown Castle, Inc.				1,119		102,982
Digital Realty Trust, Inc.				752		91,007
Equinix, Inc.				242		175,755
Extra Space Storage, Inc.				545		66,261
Gaming and Leisure Properties, Inc.				677		30,837
Iron Mountain, Inc.				752		44,706
Public Storage				409		107,780
SBA Communications Corp.				280		56,048
VICI Properties, Inc.				2,590		75,369
Weyerhaeuser Co.				1,888		57,886
						1,006,300
						3,257,914
Total Common Stocks (cost $82,470,841)						140,353,395
	Principal Amount (000)
GOVERNMENTS - TREASURIES – 35.3%
United States – 35.3%
U.S. Treasury Bonds
1.25%, 05/15/2050		$		552		259,926
2.25%, 08/15/2046				3,477		2,199,682
2.25%, 08/15/2049				287		178,299
2.25%, 02/15/2052				2,286		1,400,226
2.375%, 11/15/2049				584		372,711
2.375%, 05/15/2051				1,859		1,177,497
2.50%, 02/15/2045				288		194,939
2.50%, 05/15/2046				42		28,275
2.75%, 08/15/2047				143		99,840
2.875%, 05/15/2043				300		221,536
2.875%, 08/15/2045				2,897		2,095,635

32

	Principal Amount (000)		U.S. $ Value
2.875%, 11/15/2046	$	187	$	133,740
2.875%, 05/15/2049		313		223,079
2.875%, 05/15/2052		417		295,501
3.00%, 05/15/2045		265		196,514
3.00%, 02/15/2047		238		174,190
3.00%, 05/15/2047		409		299,684
3.00%, 02/15/2048		350		255,828
3.00%, 08/15/2048		792		578,081
3.00%, 02/15/2049		257		187,311
3.125%, 02/15/2043		521		402,326
3.50%, 02/15/2039		12		10,526
3.625%, 08/15/2043		1,869		1,557,445
3.625%, 05/15/2053		867		716,983
3.75%, 11/15/2043		48		40,433
4.00%, 11/15/2052		208		183,968
4.25%, 05/15/2039		134		125,960
4.375%, 11/15/2039		502		477,325
4.375%, 08/15/2043		128		119,620
4.50%, 08/15/2039		179		172,961
4.75%, 02/15/2037		465		472,817
5.25%, 11/15/2028		1,257		1,288,613
5.375%, 02/15/2031		359		375,275
5.50%, 08/15/2028		762		787,542
6.00%, 02/15/2026		1,336		1,360,744
6.125%, 11/15/2027		1,389		1,460,831
6.25%, 05/15/2030		374		407,753
6.875%, 08/15/2025		471		483,703
U.S. Treasury Notes
0.25%, 08/31/2025		1,391		1,268,979
0.25%, 09/30/2025		1,168		1,062,516
0.375%, 01/31/2026		2,433		2,190,350
0.50%, 02/28/2026		1,120		1,007,820
0.625%, 05/15/2030		934		722,665
0.625%, 08/15/2030		997		765,428
0.75%, 04/30/2026		908		817,819
0.75%, 05/31/2026		1,952		1,752,386
0.75%, 08/31/2026		1,015		903,737
0.875%, 09/30/2026		1,513		1,350,027
1.00%, 07/31/2028		2,116		1,785,122
1.125%, 10/31/2026		1,163		1,041,975
1.25%, 12/31/2026		919		822,865
1.375%, 11/15/2031		73		56,822
1.50%, 08/15/2026		1,541		1,404,718
1.50%, 02/15/2030		523		433,597
1.625%, 02/15/2026		2,203		2,040,529
1.625%, 08/15/2029		937		795,448
1.625%, 05/15/2031		3,081		2,501,387
1.75%, 11/15/2029		984		837,254
1.875%, 02/15/2032		1,787		1,451,937
2.00%, 08/15/2025		811		765,953
2.00%, 11/15/2026		4,808		4,422,793
2.125%, 05/15/2025		2,550		2,428,000
2.25%, 11/15/2025		909		859,004
2.25%, 08/15/2027		2,292		2,094,399
2.25%, 11/15/2027		3,588		3,263,762
2.375%, 05/15/2027		4,367		4,027,967
2.375%, 05/15/2029		1,327		1,179,460
2.625%, 12/31/2023		1,672		1,660,406
2.625%, 02/15/2029		451		407,743

33

	Principal Amount (000)			U.S. $ Value
2.75%, 02/15/2024		$	3,213	$	3,180,665
2.75%, 02/15/2028			129		119,047
2.75%, 08/15/2032			949		821,428
2.875%, 05/15/2028			400		370,965
2.875%, 05/15/2032			2,242		1,968,319
3.125%, 11/15/2028			912		849,207
3.125%, 08/31/2029			727		669,927
3.375%, 05/15/2033			1,329		1,205,199
3.50%, 04/30/2028			794		757,125
3.50%, 02/15/2033			1,420		1,303,385
3.625%, 03/31/2028			1,209		1,158,934
3.875%, 08/15/2033			289		273,245
4.00%, 06/30/2028			694		675,371
4.125%, 10/31/2027			603		589,889
4.125%, 11/15/2032			787		758,823
4.375%, 08/31/2028			1,306		1,292,853
Total Governments - Treasuries (cost $94,820,221)					83,134,569
	Notional Amount
PURCHASED OPTIONS - PUTS – 0.4%
Options on Equity Indices – 0.4%
Euro STOXX 50 Index Expiration: Jul 2024; Contracts: 1,060; Exercise Price: EUR 3,750.00; Counterparty: UBS AG(a)		EUR	3,975,000		125,473
FTSE 100 Index Expiration: Jul 2024; Contracts: 230; Exercise Price: GBP 6,600.00; Counterparty: UBS AG(a)		GBP	1,518,000		28,274
Nikkei 225 Index Expiration: Sep 2024; Contracts: 14,000; Exercise Price: JPY 26,500.00; Counterparty: UBS AG(a)		JPY	371,000,000		72,374
S&P 500 Index Expiration: Jul 2024; Contracts: 8,300; Exercise Price: USD 3,850.00; Counterparty: UBS AG(a)		USD	31,955,000		811,140
Total Purchased Options - Puts (premiums paid $900,356)					1,037,261
	Shares
WARRANTS – 0.0%
Information Technology – 0.0%
Software – 0.0%
Constellation Software, Inc., expiring 03/31/2040(a) (b) (d) (e) (cost $0)			52		0

34

Company	Shares		U.S. $ Value
SHORT-TERM INVESTMENTS – 4.1%
Investment Companies – 4.1%
AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 5.25%(f) (g) (h) (cost $9,723,074)		9,723,074	$	9,723,074
Total Investments Before Security Lending Collateral for Securities Loaned – 99.3% (cost $187,914,492)				234,248,299
INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED – 0.6%
Investment Companies – 0.6%
AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 5.25%(f) (g) (h) (cost $1,358,364)		1,358,364		1,358,364
Total Investments – 99.9% (cost $189,272,856)(i)				235,606,663
Other assets less liabilities – 0.1%				129,363
Net Assets – 100.0%			$	235,736,026

FUTURES

Description	Number of Contracts		Expiration Month		Current Notional			Value and Unrealized Appreciation (Depreciation)
Purchased Contracts
10 Yr Canadian Bond Futures		4		December 2023		$	339,054		$	(9,136	)
Euro STOXX 50 Index Futures		33		December 2023			1,466,744			16,996
FTSE 100 Index Futures		3		December 2023			280,782			3,255
MSCI EAFE Futures		1		December 2023			102,075			(2,007	)
Nikkei 225 (OSE) Futures		2		December 2023			426,392			(11,424	)
S&P 500 E-Mini Futures		47		December 2023			10,164,925			(365,295	)
S&P/TSX 60 Index Futures		4		December 2023			692,833			(21,349	)
TOPIX Index Futures		9		December 2023			1,399,324			(17,810	)
U.S. T-Note 2 Yr (CBT) Futures		57		December 2023			11,554,523			(22,018	)
U.S. T-Note 5 Yr (CBT) Futures		13		December 2023			1,369,672			(4,082	)
U.S. T-Note 10 Yr (CBT) Futures		115		December 2023			12,427,188			(225,133	)
U.S. Ultra Bond (CBT) Futures		38		December 2023			4,510,125			(331,373	)
Sold Contracts
MSCI Singapore IX ETS Futures		1		October 2023			20,896			(360	)
OMXS 30 Index Futures		3		October 2023			59,311			714
SPI 200 Futures		21		December 2023			2,391,870			54,253
									$	(934,769	)

35

FORWARD CURRENCY EXCHANGE CONTRACTS

Counterparty	Contracts to Deliver (000)			In Exchange For (000)			Settlement Date		Unrealized Appreciation (Depreciation)
Bank of America, NA		USD	1,888		EUR	1,740		10/12/2023	$	(47,859	)
Bank of America, NA		JPY	263,009		USD	1,787		10/19/2023		22,643
Bank of America, NA		NZD	1,359		USD	804		10/27/2023		(10,380	)
Bank of America, NA		AUD	3,515		USD	2,245		11/08/2023		(17,141	)
Bank of America, NA		CHF	3,609		USD	4,047		11/16/2023		85,776
Bank of America, NA		USD	811		CHF	724		11/16/2023		(16,316	)
Bank of America, NA		USD	644		NOK	6,937		12/07/2023		5,623
Barclays Bank PLC		CAD	3,920		USD	2,915		10/27/2023		27,774
Barclays Bank PLC		NZD	4,099		USD	2,410		10/27/2023		(47,372	)
Barclays Bank PLC		USD	571		NZD	962		10/27/2023		5,013
Barclays Bank PLC		USD	1,133		GBP	914		11/17/2023		(17,120	)
BNP Paribas SA		EUR	4,495		USD	4,826		10/12/2023		72,376
BNP Paribas SA		USD	1,274		JPY	187,083		10/19/2023		(19,205	)
BNP Paribas SA		NZD	962		USD	573		10/27/2023		(2,943	)
Goldman Sachs Bank USA		USD	662		EUR	599		10/12/2023		(27,539	)
Goldman Sachs Bank USA		CAD	1,160		USD	851		10/27/2023		(3,674	)
Goldman Sachs Bank USA		USD	2,268		AUD	3,515		11/08/2023		(5,277	)
Goldman Sachs Bank USA		USD	760		SEK	8,330		12/07/2023		4,599
HSBC Bank USA		AUD	2,899		USD	1,877		11/08/2023		10,186
JPMorgan Chase Bank, NA		USD	2,625		GBP	2,106		11/17/2023		(54,273	)
Morgan Stanley Capital Services, Inc.		EUR	3,606		USD	3,969		10/12/2023		155,483
Morgan Stanley Capital Services, Inc.		USD	2,272		EUR	2,061		10/12/2023		(92,983	)
Morgan Stanley Capital Services, Inc.		USD	3,316		JPY	475,563		10/19/2023		(125,345	)
Morgan Stanley Capital Services, Inc.		USD	857		CAD	1,160		10/27/2023		(2,239	)
Morgan Stanley Capital Services, Inc.		USD	3,243		NZD	5,458		10/27/2023		28,495
Morgan Stanley Capital Services, Inc.		CHF	690		USD	759		11/16/2023		2,052
Morgan Stanley Capital Services, Inc.		USD	3,212		SEK	35,412		12/07/2023		38,279
State Street Bank & Trust Co.		EUR	253		USD	268		10/12/2023		0
State Street Bank & Trust Co.		USD	1,042		EUR	946		10/12/2023		(41,245	)
State Street Bank & Trust Co.		JPY	79,430		USD	540		10/19/2023		6,810
State Street Bank & Trust Co.		NZD	345		USD	204		10/27/2023		(2,626	)
State Street Bank & Trust Co.		USD	105		NZD	176		10/27/2023		463
State Street Bank & Trust Co.		AUD	656		USD	425		11/08/2023		2,800
State Street Bank & Trust Co.		AUD	642		USD	411		11/08/2023		(2,619	)
State Street Bank & Trust Co.		USD	423		AUD	656		11/08/2023		(59	)
State Street Bank & Trust Co.		GBP	183		USD	223		11/17/2023		(535	)
									$	(68,378	)

36

CENTRALLY CLEARED CREDIT DEFAULT SWAPS

Description	Fixed Rate (Pay) Receive			Payment Frequency		Implied Credit Spread at September 30, 2023		Notional Amount (000)			Market Value		Upfront Premiums Paid (Received)		Unrealized Appreciation (Depreciation)
Sale Contracts
CDX-NAHY Series 41, 5 Year Index, 12/20/2028*		5.00	%		Quarterly		4.79%		USD	4,690	$	44,217	$	40,315	$	3,902

* Termination date

TOTAL RETURN SWAPS

Counterparty & Referenced Obligation

Rate Paid/ Received

Payment Frequency

Current Notional (000)

Maturity Date

Unrealized Appreciation (Depreciation)

Receive Total Return on Reference Obligation

Morgan Stanley Capital Services LLC

Swiss Market Index Futures

0.00

%

Maturity

CHF

110

12/15/2023

$

(675)

(a) Non-income producing security.

(b) Represents entire or partial securities out on loan.

(c) Security is exempt from registration under Rule 144A or Regulation S of the Securities Act of 1933. These securities are considered restricted, but liquid and may be resold in transactions exempt from registration. At September 30, 2023, the aggregate market value of these securities amounted to $517,539 or 0.2% of net assets.

(d) Security in which significant unobservable inputs (Level 3) were used in determining fair value.

(e) Fair valued by the Adviser.

(f) The rate shown represents the 7-day yield as of period end.

(g) To obtain a copy of the fund’s shareholder report, please go to the Securities and Exchange Commission’s website at www.sec.gov, or call AB at (800) 227-4618.

(h) Affiliated investments.

(i) As of September 30, 2023, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $65,642,978 and gross unrealized depreciation of investments was $(20,309,091), resulting in net unrealized appreciation of $45,333,887.

Please note: The sector classifications presented herein are based on the Global Industry Classification Standard (GICS) which was developed by Morgan Stanley Capital International and Standard & Poor’s. The components are divided into sector, industry group, and industry sub-indices as classified by the GICS for each of the market capitalization indices in the broad market.

Currency Abbreviations:

AUD – Australian Dollar

CAD – Canadian Dollar

CHF – Swiss Franc

EUR – Euro

GBP – Great British Pound

JPY – Japanese Yen

NZD – New Zealand Dollar

SEK – Swedish Krona

USD – United States Dollar

NOK – Norwegian Krone

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Glossary:

ADR – American Depositary Receipt

CBT – Chicago Board of Trade

CDX-NAHY – North American High Yield Credit Default Swap Index

EAFE – Europe, Australia, and Far East

ETS – Emission Trading Scheme

FTSE – Financial Times Stock Exchange

MSCI – Morgan Stanley Capital International

OMXS – Stockholm Stock Exchange

OSE – Osaka Securities Exchange

REG – Registered Shares

REIT – Real Estate Investment Trust

SPI – Share Price Index

TOPIX – Tokyo Price Index

TSX – Toronto Stock Exchange

38

AB Variable Products Series Fund, Inc.

AB Dynamic Asset Allocation Portfolio

September 30, 2023 (unaudited)

In accordance with U.S. GAAP regarding fair value measurements, fair value is defined as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. U.S. GAAP establishes a framework for measuring fair value, and a three-level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of an asset or liability (including those valued based on their market values). Inputs may be observable or unobservable and refer broadly to the assumptions that market participants would use in pricing the asset or liability. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the Portfolio. Unobservable inputs reflect the Portfolio’s own assumptions about the assumptions that market participants would use in pricing the asset or liability based on the best information available in the circumstances. Each investment is assigned a level based upon the observability of the inputs which are significant to the overall valuation. The three-tier hierarchy of inputs is summarized below.

• Level 1 - quoted prices in active markets for identical investments

• Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 - significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments)

The fair value of debt instruments, such as bonds, and over-the-counter derivatives is generally based on market price quotations, recently executed market transactions (where observable) or industry recognized modeling techniques and are generally classified as Level 2. Pricing vendor inputs to Level 2 valuations may include quoted prices for similar investments in active markets, interest rate curves, coupon rates, currency rates, yield curves, option adjusted spreads, default rates, credit spreads and other unique security features in order to estimate the relevant cash flows which is then discounted to calculate fair values. If these inputs are unobservable and significant to the fair value, these investments will be classified as Level 3. In addition, non-agency rated investments are classified as Level 3.

Other fixed income investments, including non-U.S. government and corporate debt, are generally valued using quoted market prices, if available, which are typically impacted by current interest rates, maturity dates and any perceived credit risk of the issuer. Additionally, in the absence of quoted market prices, these inputs are used by pricing vendors to derive a valuation based upon industry or proprietary models which incorporate issuer specific data with relevant yield/spread comparisons with more widely quoted bonds with similar key characteristics. Those investments for which there are observable inputs are classified as Level 2. Where the inputs are not observable, the investments are classified as Level 3.

Where readily available market prices or relevant bid prices are not available for certain equity investments, such investments may be valued based on similar publicly traded investments, movements in relevant indices since last available prices or based upon underlying company fundamentals and comparable company data (such as multiples to earnings or other multiples to equity). Where an investment is valued using an observable input, by pricing vendors, such as another publicly traded security, the investment will be classified as Level 2. If management determines that an adjustment is appropriate based on restrictions on resale, illiquidity or uncertainty, and such adjustment is a significant component of the valuation, the investment will be classified as Level 3. An investment will also be classified as Level 3 where management uses company fundamentals and other significant inputs to determine the valuation.

39

Options are valued using market-based inputs to models, broker or dealer quotations, or alternative pricing sources with reasonable levels of price transparency, where such inputs and models are available. Alternatively the values may be obtained through unobservable management determined inputs and/or management’s proprietary models. Where models are used, the selection of a particular model to value an option depends upon the contractual terms of, and specific risks inherent in, the option as well as the availability of pricing information in the market. Valuation models require a variety of inputs, including contractual terms, market prices, measures of volatility and correlations of such inputs. Exchange traded options generally will be classified as Level 2. For options that do not trade on exchange but trade in liquid markets, inputs can generally be verified and model selection does not involve significant management judgment. Options are classified within Level 2 on the fair value hierarchy when all of the significant inputs can be corroborated to market evidence. Otherwise such instruments are classified as Level 3.

The following table summarizes the valuation of the Portfolio’s investments by the above fair value hierarchy levels as of September 30, 2023:

Investments in Securities:	Level 1			Level 2			Level 3			Total
Assets:
Common Stocks:
Information Technology	$	27,672,076		$	2,911,965		$	—		$	30,584,041
Financials		13,753,416			7,125,462			—			20,878,878
Health Care		13,052,810			4,197,432			—			17,250,242
Consumer Discretionary		10,765,664			4,537,552			—			15,303,216
Industrials		9,189,043			5,965,327			—			15,154,370
Communication Services		8,758,641			1,530,682			—			10,289,323
Consumer Staples		6,466,450			3,729,075			—			10,195,525
Energy		5,471,780			1,805,967			—			7,277,747
Materials		2,896,205			2,837,629			—			5,733,834
Utilities		2,423,732			1,238,104			—			3,661,836
Equity Real Estate Investment Trusts (REITs)		2,315,316			861,556			—			3,176,872
Pharmaceuticals & Biotechnology		—			766,469			—			766,469
Real Estate Management & Development		81,042			—			—			81,042
Governments - Treasuries		—			83,134,569			—			83,134,569
Purchased Options - Puts		—			1,037,261			—			1,037,261
Warrants		—			—			0	(a)		—
Short-Term Investments		9,723,074			—			—			9,723,074
Investments of Cash Collateral for Securities Loaned in Affiliated Money Market Fund		1,358,364			—			—			1,358,364
Total Investments in Securities		113,927,613			121,679,050			0	(a)		235,606,663
Other Financial Instruments(b):
Assets:
Futures		75,218			—			—			75,218
Forward Currency Exchange Contracts		—			468,372			—			468,372
Centrally Cleared Credit Default Swaps		—			44,217			—			44,217
Liabilities:
Futures		(1,009,987	)		—			—			(1,009,987	)
Forward Currency Exchange Contracts		—			(536,750	)		—			(536,750	)
Total Return Swaps		—			(675	)		—			(675	)
Total	$	112,992,844		$	121,654,214		$	0	(a)	$	234,647,058

^(a) The Portfolio held securities with zero market value at period end.

^(b) Other financial instruments are derivative instruments, such as futures, forwards and swaps, which are valued at the unrealized appreciation (depreciation) on the instrument. Other financial instruments may also include swaps with upfront premiums, written options and written swaptions which are valued at market value.

40

A summary of the Portfolio’s transactions in AB mutual funds for the nine months ended September 30, 2023 is as follows:

Portfolio	Market Value 12/31/2022 (000)		Purchases at Cost (000)		Sales Proceeds (000)		Market Value 09/30/2023 (000)		Dividend Income (000)
Government Money Market Portfolio	$	3,658	$	38,079	$	32,014	$	9,723	$	143
Government Money Market Portfolio*		165		10,081		8,888		1,358		28
Total	$	3,823	$	48,160	$	40,902	$	11,081	$	171

* Investments of cash collateral for securities lending transactions.

41