1 |
Wilmington Global Alpha Equities Fund
PORTFOLIO OF INVESTMENTS
January 31, 2023 (unaudited)
Description | Number of Shares | Value | ||||||
COMMON STOCKS – 94.2% |
| |||||||
AEROSPACE & DEFENSE – 2.5% |
| |||||||
Airbus SE | 3,598 | $ | 451,066 | |||||
Austal Ltd. | 23,400 | 27,460 | ||||||
Babcock International Group PLC* | 22,986 | 86,843 | ||||||
BAE Systems PLC | 132,740 | 1,405,193 | ||||||
BWX Technologies, Inc. | 11,278 | 686,379 | ||||||
CAE, Inc.* | 13,427 | 303,244 | ||||||
Curtiss-Wright Corp. | 100 | 16,580 | ||||||
Dassault Aviation SA | 632 | 107,922 | ||||||
General Dynamics Corp. | 64 | 14,916 | ||||||
Lockheed Martin Corp. | 2,078 | 962,654 | ||||||
Raytheon Technologies Corp. | 5,175 | 516,724 | ||||||
Thales SA | 2,270 | 300,229 | ||||||
|
| |||||||
TOTAL AEROSPACE & DEFENSE |
| $ | 4,879,210 | |||||
AIR FREIGHT & LOGISTICS – 0.8% |
| |||||||
Bpost SA | 6,113 | 33,141 | ||||||
Expeditors International of Washington, Inc. | 3,997 | 432,276 | ||||||
SG Holdings Co. Ltd. | 2,037 | 31,434 | ||||||
United Parcel Service, Inc., Class B | 2,479 | 459,185 | ||||||
Yamato Holdings Co. Ltd. | 12,495 | 218,624 | ||||||
ZTO Express Cayman, Inc., ADR | 9,888 | 281,907 | ||||||
ZTO Express Cayman, Inc. | 2,189 | 62,322 | ||||||
|
| |||||||
TOTAL AIR FREIGHT & LOGISTICS |
| $ | 1,518,889 | |||||
AIRLINES – 0.4% |
| |||||||
easyJet PLC* | 22,478 | 136,927 | ||||||
Japan Airlines Co. Ltd.* | 4,727 | 100,248 | ||||||
Southwest Airlines Co. | 14,004 | 500,923 | ||||||
|
| |||||||
TOTAL AIRLINES |
| $ | 738,098 | |||||
AUTO COMPONENTS – 0.5% |
| |||||||
Continental AG | 1,419 | 99,635 | ||||||
Hankook Tire & Technology Co. Ltd.* | 2,972 | 78,431 | ||||||
Hyundai Mobis Co. Ltd. | 681 | 113,868 | ||||||
NOK Corp. | 8,703 | 82,655 | ||||||
Stanley Electric Co. Ltd. | 6,377 | 137,241 | ||||||
Sumitomo Electric Industries Ltd. | 11,827 | 142,115 | ||||||
Sumitomo Rubber Industries Ltd. | 9,191 | 81,596 | ||||||
Tachi-S Co. Ltd. | 4,371 | 40,332 | ||||||
Tokai Rika Co. Ltd. | 6,230 | 72,315 | ||||||
Toyoda Gosei Co. Ltd. | 3,938 | 65,387 | ||||||
Toyota Boshoku Corp. | 1,600 | 23,731 | ||||||
TS Tech Co. Ltd. | 6,856 | 85,403 | ||||||
Unipres Corp. | 6,711 | 40,140 | ||||||
|
| |||||||
TOTAL AUTO COMPONENTS |
| $ | 1,062,849 | |||||
AUTOMOBILES – 1.2% |
| |||||||
Dongfeng Motor Group Co. Ltd., Class H | 153,139 | 91,304 | ||||||
Honda Motor Co. Ltd. | 22,365 | 553,232 | ||||||
Isuzu Motors Ltd. | 63,086 | 797,744 | ||||||
Li Auto, Inc., ADR* | 3,730 | 92,877 |
Description | Number of Shares | Value | ||||||
Mercedes-Benz Group AG | 2,185 | $ | 162,590 | |||||
Nissan Motor Co. Ltd. | 39,998 | 143,711 | ||||||
Renault SA* | 3,110 | 126,451 | ||||||
Subaru Corp. | 11,069 | 181,882 | ||||||
Suzuki Motor Corp. | 4,183 | 156,830 | ||||||
Yamaha Motor Co. Ltd. | 2,420 | 59,606 | ||||||
|
| |||||||
TOTAL AUTOMOBILES | $ | 2,366,227 | ||||||
BANKS – 4.4% | ||||||||
ABN AMRO Bank NV | 13,879 | 230,357 | ||||||
AIB Group PLC | 36,072 | 151,524 | ||||||
Banco Bradesco SA, ADR | 44,589 | 124,403 | ||||||
Bank Mandiri Persero Tbk PT | 152,474 | 101,599 | ||||||
Bank of Ireland Group PLC | 12,951 | 138,367 | ||||||
Bank of Nova Scotia (The) | 11,515 | 623,370 | ||||||
Bank of Nova Scotia (The) | 11,805 | 639,005 | ||||||
BPER Banca | 52,359 | 143,836 | ||||||
CaixaBank SA | 23,932 | 106,185 | ||||||
Dah Sing Financial Holdings Ltd. | 15,846 | 42,000 | ||||||
DGB Financial Group, Inc.* | 11,431 | 74,054 | ||||||
DNB Bank ASA | 24,238 | 453,240 | ||||||
Erste Group Bank AG | 4,906 | 186,154 | ||||||
FinecoBank Banca Fineco SpA | 64,814 | 1,163,532 | ||||||
First Citizens BancShares, Inc., Class A | 211 | 164,091 | ||||||
First Republic Bank | 1,591 | 224,140 | ||||||
HSBC Holdings PLC | 74,735 | 550,674 | ||||||
Kasikornbank PCL | 14,959 | 65,730 | ||||||
KB Financial Group, Inc., ADR | 5,024 | 230,250 | ||||||
KBC Group NV | 3,719 | 275,456 | ||||||
Mebuki Financial Group, Inc. | 25,800 | 67,204 | ||||||
Mizuho Financial Group, Inc. | 7,027 | 109,765 | ||||||
PNC Financial Services Group, Inc. (The) | 3,692 | 610,768 | ||||||
Resona Holdings, Inc. | 29,051 | 160,760 | ||||||
San-In Godo Bank Ltd. (The) | 13,200 | 82,105 | ||||||
Sberbank of Russia PJSC, ADR*,(1) | 3,982 | — | ||||||
Security Bank Corp. | 36,259 | 61,191 | ||||||
Shinhan Financial Group Co. Ltd., ADR | 6,199 | 210,890 | ||||||
Standard Chartered PLC | 31,711 | 266,360 | ||||||
Sumitomo Mitsui Trust Holdings, Inc. | 9,090 | 331,136 | ||||||
Tochigi Bank Ltd. (The) | 9,980 | 23,589 | ||||||
U.S. Bancorp | 3,576 | 178,085 | ||||||
Unicaja Banco SA | 71,070 | 87,356 | ||||||
UniCredit SpA | 48,545 | 948,139 | ||||||
|
| |||||||
TOTAL BANKS | $ | 8,825,315 | ||||||
BEVERAGES – 1.4% | ||||||||
Anadolu Efes Biracilik Ve Malt Sanayii AS | 11,339 | 31,512 | ||||||
Asahi Group Holdings Ltd. | 2,808 | 92,727 | ||||||
Cia Cervecerias Unidas SA | 6,938 | 53,288 | ||||||
Coca-Cola Co. (The) | 8,023 | 491,970 | ||||||
Coca-Cola Icecek AS | 7,130 | 69,539 | ||||||
Diageo PLC | 11,314 | 494,717 | ||||||
Embotelladora Andina SA, Class B, ADR | 8,258 | 126,017 |
January 31, 2023 (unaudited)
2 | PORTFOLIO OF INVESTMENTS |
Wilmington Global Alpha Equities Fund (continued) |
Description | Number of Shares | Value | ||||||
Heineken NV | 5,399 | $ | 539,570 | |||||
Kirin Holdings Co. Ltd. | 16,095 | 248,020 | ||||||
PepsiCo., Inc. | 2,905 | 496,813 | ||||||
Suntory Beverage & Food Ltd. | 1,286 | 43,425 | ||||||
Tsingtao Brewery Co. Ltd., Class H | 10,813 | 104,398 | ||||||
|
| |||||||
TOTAL BEVERAGES | $ | 2,791,996 | ||||||
BIOTECHNOLOGY – 0.5% | ||||||||
Genmab A/S* | 684 | 268,058 | ||||||
United Therapeutics Corp.* | 1,124 | 295,803 | ||||||
Vertex Pharmaceuticals, Inc.* | 1,062 | 343,132 | ||||||
|
| |||||||
TOTAL BIOTECHNOLOGY | $ | 906,993 | ||||||
BUILDING PRODUCTS – 1.3% | ||||||||
AGC, Inc. | 944 | 34,782 | ||||||
Assa Abloy AB, Class B | 13,880 | 326,961 | ||||||
Builders FirstSource, Inc.* | 7,295 | 581,411 | ||||||
Cie de Saint-Gobain | 3,789 | 217,607 | ||||||
Johnson Controls International PLC | 15,968 | 1,110,894 | ||||||
Lennox International, Inc. | 1,100 | 286,682 | ||||||
|
| |||||||
TOTAL BUILDING PRODUCTS | $ | 2,558,337 | ||||||
CAPITAL MARKETS – 2.9% | ||||||||
Ares Management Corp., Class A | 11,461 | 951,148 | ||||||
Cboe Global Markets, Inc. | 167 | 20,521 | ||||||
Charles Schwab Corp. (The) | 23,724 | 1,836,712 | ||||||
CME Group, Inc. | 806 | 142,388 | ||||||
CSC Financial Co. Ltd., Class H | 136,500 | 141,539 | ||||||
Deutsche Boerse AG | 742 | 132,775 | ||||||
Hargreaves Lansdown PLC | 1,905 | 20,973 | ||||||
Hong Kong Exchanges & Clearing Ltd. | 5,317 | 239,146 | ||||||
Ichiyoshi Securities Co. Ltd. | 5,862 | 28,016 | ||||||
Intercontinental Exchange, Inc. | 1,369 | 147,236 | ||||||
Japan Exchange Group, Inc. | 695 | 10,637 | ||||||
London Stock Exchange Group PLC | 3,661 | 335,146 | ||||||
MarketAxess Holdings, Inc. | 83 | 30,200 | ||||||
Moody’s Corp. | 403 | 130,068 | ||||||
Morgan Stanley | 3,137 | 305,324 | ||||||
Nomura Holdings, Inc. | 13,459 | 53,713 | ||||||
S&P Global, Inc. | 374 | 140,228 | ||||||
SEI Investments Co. | 286 | 17,855 | ||||||
UBS Group AG* | 52,755 | 1,126,076 | ||||||
|
| |||||||
TOTAL CAPITAL MARKETS | $ | 5,809,701 | ||||||
CHEMICALS – 1.5% | ||||||||
ADEKA Corp. | 5,461 | 92,407 | ||||||
Air Liquide SA | 569 | 90,600 | ||||||
Celanese Corp. | 2,509 | 309,109 | ||||||
China BlueChemical Ltd., Class H | 126,006 | 34,639 | ||||||
Croda International PLC | 747 | 63,672 | ||||||
Element Solutions, Inc. | 10,511 | 215,265 | ||||||
EMS-Chemie Holding AG | 38 | 28,328 | ||||||
Evonik Industries AG | 4,756 | 105,719 | ||||||
FMC Corp. | 2,275 | 302,871 | ||||||
Fuso Chemical Co. Ltd. | 2,219 | 63,049 | ||||||
Givaudan SA | 26 | 84,298 | ||||||
Koninklijke DSM NV | 568 | 73,046 | ||||||
Linde PLC | 1,750 | 579,145 |
Description | Number of Shares | Value | ||||||
Lintec Corp. | 4,300 | $ | 74,463 | |||||
Mitsubishi Gas Chemical Co., Inc. | 10,140 | 148,171 | ||||||
Nissan Chemical Corp. | 274 | 12,935 | ||||||
Sherwin-Williams Co. (The) | 1,082 | 255,990 | ||||||
Shin-Etsu Chemical Co. Ltd. | 1,751 | 258,138 | ||||||
Sumitomo Bakelite Co. Ltd. | 1,960 | 63,865 | ||||||
Symrise AG | 712 | 75,693 | ||||||
Tosoh Corp. | 831 | 10,872 | ||||||
|
| |||||||
TOTAL CHEMICALS |
| $ | 2,942,275 | |||||
COMMERCIAL SERVICES & SUPPLIES – 1.4% |
| |||||||
Aeon Delight Co. Ltd. | 2,874 | 68,226 | ||||||
Cintas Corp. | 823 | 365,198 | ||||||
Clean Harbors, Inc.* | 6,022 | 784,666 | ||||||
Copart, Inc.* | 9,503 | 632,995 | ||||||
Kokuyo Co. Ltd. | 3,800 | 54,185 | ||||||
Prosegur Cia de Seguridad SA | 27,054 | 61,232 | ||||||
Rollins, Inc. | 539 | 19,620 | ||||||
Secom Co. Ltd. | 1,012 | 60,291 | ||||||
Waste Connections, Inc. | 5,604 | 744,771 | ||||||
|
| |||||||
TOTAL COMMERCIAL SERVICES & SUPPLIES |
| $ | 2,791,184 | |||||
COMMUNICATIONS EQUIPMENT – 1.0% |
| |||||||
Cisco Systems, Inc. | 20,010 | 973,887 | ||||||
Motorola Solutions, Inc. | 2,836 | 728,880 | ||||||
Nokia OYJ | 35,477 | 168,215 | ||||||
Telefonaktiebolaget LM Ericsson, Class B | 23,909 | 138,683 | ||||||
|
| |||||||
TOTAL COMMUNICATIONS EQUIPMENT |
| $ | 2,009,665 | |||||
CONSTRUCTION & ENGINEERING – 0.8% |
| |||||||
Bouygues SA | 1,229 | 40,488 | ||||||
Chiyoda Corp.* | 8,851 | 26,315 | ||||||
Fugro NV* | 4,064 | 54,116 | ||||||
Implenia AG* | 781 | 32,807 | ||||||
JGC Holdings Corp. | 15,088 | 197,080 | ||||||
Obayashi Corp. | 609 | 4,724 | ||||||
Vinci SA | 10,131 | 1,144,697 | ||||||
|
| |||||||
TOTAL CONSTRUCTION & ENGINEERING |
| $ | 1,500,227 | |||||
CONSTRUCTION MATERIALS – 0.3% |
| |||||||
HeidelbergCement AG | 3,376 | 231,653 | ||||||
Holcim AG* | 3,025 | 180,849 | ||||||
Imerys SA | 1,867 | 77,433 | ||||||
Taiheiyo Cement Corp. | 4,816 | 82,996 | ||||||
Vicat SA | 1,636 | 45,683 | ||||||
|
| |||||||
TOTAL CONSTRUCTION MATERIALS |
| $ | 618,614 | |||||
CONSUMER FINANCE – 0.8% |
| |||||||
American Express Co. | 5,386 | 942,173 | ||||||
Credit Acceptance Corp.* | 836 | 386,767 | ||||||
Marui Group Co. Ltd. | 6,555 | 111,701 | ||||||
SSE PLC | 17,409 | 50,285 | ||||||
|
| |||||||
TOTAL CONSUMER FINANCE |
| $ | 1,490,926 | |||||
CONTAINERS & PACKAGING – 0.1% |
| |||||||
Ball Corp. | 3,364 | 195,919 | ||||||
Nampak Ltd.* | 56,917 | 3,212 | ||||||
|
| |||||||
TOTAL CONTAINERS & PACKAGING |
| $ | 199,131 |
January 31, 2023 (unaudited)
PORTFOLIO OF INVESTMENTS | 3 |
Wilmington Global Alpha Equities Fund (continued)
Description | Number of Shares | Value | ||||||
DISTRIBUTORS – 0.4% |
| |||||||
Genuine Parts Co. | 345 | $ | 57,898 | |||||
LKQ Corp. | 10,050 | 592,548 | ||||||
PALTAC Corp. | 1,516 | 54,890 | ||||||
|
| |||||||
TOTAL DISTRIBUTORS |
| $ | 705,336 | |||||
DIVERSIFIED CONSUMER SERVICES – 0.0%** |
| |||||||
Benesse Holdings, Inc. | 572 | 8,749 | ||||||
DIVERSIFIED FINANCIAL SERVICES – 2.5% |
| |||||||
Bank of America Corp. | 16,397 | 581,766 | ||||||
Berkshire Hathaway, Inc., Class B* | 2,417 | 752,944 | ||||||
BNP Paribas SA | 3,910 | 268,546 | ||||||
ING Groep NV | 16,493 | 238,823 | ||||||
Investor AB, Class B | 5,223 | 101,493 | ||||||
JPMorgan Chase & Co. | 3,184 | 445,633 | ||||||
Kasikornbank PCL, NVDR | 20,214 | 89,153 | ||||||
Mitsubishi HC Capital, Inc. | 6,106 | 31,166 | ||||||
Mitsubishi UFJ Financial Group, Inc. | 187,640 | 1,374,441 | ||||||
Royal Bank of Canada | 5,522 | 565,086 | ||||||
Societe Generale SA | 6,798 | 202,353 | ||||||
Sumitomo Mitsui Financial Group, Inc. | 6,787 | 294,970 | ||||||
|
| |||||||
TOTAL DIVERSIFIED FINANCIAL SERVICES |
| $ | 4,946,374 | |||||
DIVERSIFIED TELECOMMUNICATION SERVICES – 1.3% |
| |||||||
AT&T, Inc. | 5,467 | 111,363 | ||||||
BT Group PLC | 67,389 | 103,826 | ||||||
Hellenic Telecommunications Organization SA | 24,998 | 394,075 | ||||||
Koninklijke KPN NV | 116,879 | 399,591 | ||||||
KT Corp., ADR* | 11,419 | 163,406 | ||||||
Magyar Telekom Telecommunications PLC, ADR | 6,004 | 32,422 | ||||||
Nippon Telegraph & Telephone Corp. | 11,996 | 359,706 | ||||||
Orange SA | 23,844 | 252,335 | ||||||
Proximus SADP | 12,473 | 127,812 | ||||||
Swisscom AG | 198 | 116,990 | ||||||
Telefonica Brasil SA | 16,317 | 133,942 | ||||||
Telenor ASA | 3,746 | 39,215 | ||||||
Telia Co. AB | 14,232 | 36,756 | ||||||
Verizon Communications, Inc. | 5,830 | 242,353 | ||||||
|
| |||||||
TOTAL DIVERSIFIED TELECOMMUNICATION SERVICES |
| $ | 2,513,792 | |||||
ELECTRIC UTILITIES – 1.1% |
| |||||||
American Electric Power Co., Inc. | 122 | 11,463 | ||||||
Chubu Electric Power Co., Inc. | 301 | 3,242 | ||||||
Duke Energy Corp. | 4,927 | 504,771 | ||||||
Edison International | 6,618 | 455,980 | ||||||
Eversource Energy | 3,446 | 283,709 | ||||||
Exelon Corp. | 10,676 | 450,421 | ||||||
Iberdrola SA | 43,950 | 515,612 | ||||||
Iberdrola SA* | 137 | 1,607 | ||||||
Kansai Electric Power Co., Inc. (The) | 1,180 | 11,348 | ||||||
Red Electrica Corp. SA | 2,173 | 38,460 | ||||||
|
| |||||||
TOTAL ELECTRIC UTILITIES |
| $ | 2,276,613 | |||||
ELECTRICAL EQUIPMENT – 0.4% |
| |||||||
Cosel Co. Ltd. | 5,774 | 49,350 | ||||||
Nippon Carbon Co. Ltd. | 2,000 | 68,111 | ||||||
Schneider Electric SE | 2,165 | 351,197 |
Description | Number of Shares | Value | ||||||
Ushio, Inc. | 16,847 | $ | 225,827 | |||||
Zumtobel Group AG | 2,522 | 20,058 | ||||||
|
| |||||||
TOTAL ELECTRICAL EQUIPMENT |
| $ | 714,543 | |||||
ELECTRONIC EQUIPMENT, INSTRUMENTS & |
| |||||||
Ai Holdings Corp. | 3,500 | 59,126 | ||||||
Alps Alpine Co. Ltd. | 7,855 | 80,482 | ||||||
Amano Corp. | 6,230 | 113,984 | ||||||
Amphenol Corp., Class A | 1,488 | 118,698 | ||||||
Canon Marketing Japan, Inc. | 3,574 | 84,830 | ||||||
Citizen Watch Co. Ltd. | 4,038 | 19,211 | ||||||
Foxconn Technology Co. Ltd. | 36,118 | 65,505 | ||||||
Halma PLC | 2,032 | 54,100 | ||||||
Hon Hai Precision Industry Co. Ltd. | 28,001 | 93,376 | ||||||
Keyence Corp. | 129 | 59,388 | ||||||
Kyocera Corp. | 2,310 | 119,869 | ||||||
Maruwa Co. Ltd. | 384 | 49,087 | ||||||
Maxell Ltd. | 6,101 | 66,583 | ||||||
Nippon Chemi-Con Corp.* | 4,571 | 58,286 | ||||||
PAX Global Technology Ltd. | 22,425 | 21,195 | ||||||
Shimadzu Corp. | 1,675 | 51,475 | ||||||
Sunny Optical Technology Group Co. Ltd. | 17,211 | 232,299 | ||||||
|
| |||||||
TOTAL ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS |
| $ | 1,347,494 | |||||
ENERGY EQUIPMENT & SERVICES – 0.4% |
| |||||||
China Oilfield Services Ltd., Class H | 310,500 | 376,337 | ||||||
Schlumberger Ltd. | 7,009 | 399,373 | ||||||
Trican Well Service Ltd.* | 13,202 | 34,132 | ||||||
|
| |||||||
TOTAL ENERGY EQUIPMENT & SERVICES |
| $ | 809,842 | |||||
ENTERTAINMENT – 0.5% |
| |||||||
Bilibili, Inc., ADR* | 8,364 | 209,100 | ||||||
Capcom Co. Ltd. | 513 | 16,623 | ||||||
DeNA Co. Ltd. | 6,218 | 87,187 | ||||||
NetEase, Inc., ADR | 3,618 | 320,591 | ||||||
NetEase, Inc. | 11,916 | 211,415 | ||||||
Nexon Co. Ltd. | 138 | 3,328 | ||||||
Nintendo Co. Ltd. | 1,565 | 67,855 | ||||||
Square Enix Holdings Co. Ltd. | 1,554 | 73,491 | ||||||
|
| |||||||
TOTAL ENTERTAINMENT |
| $ | 989,590 | |||||
FOOD & STAPLES RETAILING – 1.1% |
| |||||||
Atacadao SA | 16,449 | 53,531 | ||||||
Carrefour SA | 8,567 | 162,953 | ||||||
Costco Wholesale Corp. | 349 | 178,388 | ||||||
J Sainsbury PLC | 51,249 | 166,205 | ||||||
Jeronimo Martins SGPS SA | 2,244 | 48,719 | ||||||
Koninklijke Ahold Delhaize NV | 4,324 | 129,058 | ||||||
Marks & Spencer Group PLC* | 12,135 | 21,889 | ||||||
Performance Food Group Co.* | 11,825 | 725,109 | ||||||
Sundrug Co. Ltd. | 2,569 | 72,685 | ||||||
Tesco PLC | 35,868 | 109,016 | ||||||
Tsuruha Holdings, Inc. | 1,652 | 121,633 | ||||||
Walmart, Inc. | 2,667 | 383,701 | ||||||
|
| |||||||
TOTAL FOOD & STAPLES RETAILING |
| $ | 2,172,887 |
January 31, 2023 (unaudited)
4 | PORTFOLIO OF INVESTMENTS |
Wilmington Global Alpha Equities Fund (continued) |
Description | Number of Shares | Value | ||||||
FOOD PRODUCTS – 1.5% |
| |||||||
Astral Foods Ltd. | 4,580 | $ | 42,443 | |||||
Barry Callebaut AG | 19 | 39,697 | ||||||
Campbell Soup Co. | 515 | 26,744 | ||||||
Chocoladefabriken Lindt & Spruengli AG | 8 | 87,862 | ||||||
Conagra Brands, Inc. | 1,100 | 40,909 | ||||||
General Mills, Inc. | 1,474 | 115,503 | ||||||
Hershey Co. (The) | 363 | 81,530 | ||||||
Hormel Foods Corp. | 743 | 33,665 | ||||||
J.M. Smucker Co. (The) | 263 | 40,186 | ||||||
Kellogg Co. | 7,600 | 521,208 | ||||||
McCormick & Co., Inc. | 619 | 46,499 | ||||||
MEIJI Holdings Co. Ltd. | 741 | 38,215 | ||||||
Nestle SA | 7,895 | 963,261 | ||||||
Nisshin Seifun Group, Inc. | 1,804 | 22,596 | ||||||
Nissin Foods Holdings Co. Ltd. | 578 | 45,187 | ||||||
Nomad Foods Ltd.* | 27,402 | 487,482 | ||||||
Perusahaan Perkebunan London Sumatra Indonesia Tbk PT | 352,545 | 24,957 | ||||||
Toyo Suisan Kaisha Ltd. | 2,289 | 94,583 | ||||||
Ulker Biskuvi Sanayi AS* | 30,256 | 61,630 | ||||||
WH Group Ltd. | 163,113 | 100,456 | ||||||
Yihai International Holding Ltd.* | 38,229 | 136,036 | ||||||
|
| |||||||
TOTAL FOOD PRODUCTS |
| $ | 3,050,649 | |||||
GAS UTILITIES – 0.7% |
| |||||||
China Gas Holdings Ltd. | 37,859 | 58,940 | ||||||
Enagas SA | 5,394 | 96,721 | ||||||
ENN Energy Holdings Ltd. | 64,369 | 969,830 | ||||||
Osaka Gas Co. Ltd. | 1,694 | 27,336 | ||||||
Snam SpA | 10,131 | 51,603 | ||||||
Tokyo Gas Co. Ltd. | 382 | 7,999 | ||||||
UGI Corp. | 3,457 | 137,692 | ||||||
|
| |||||||
TOTAL GAS UTILITIES |
| $ | 1,350,121 | |||||
HEALTH CARE EQUIPMENT & SUPPLIES – 1.9% |
| |||||||
Abbott Laboratories | 859 | 94,963 | ||||||
Asahi Intecc Co. Ltd. | 179 | 3,140 | ||||||
Baxter International, Inc. | 6,843 | 312,657 | ||||||
Becton Dickinson & Co. | 140 | 35,311 | ||||||
Coloplast A/S, Class B | 636 | 76,787 | ||||||
DexCom, Inc.* | 2,807 | 300,602 | ||||||
DiaSorin SpA | 135 | 17,574 | ||||||
Hoya Corp. | 479 | 52,677 | ||||||
ICU Medical, Inc.* | 2,861 | 552,831 | ||||||
Insulet Corp.* | 1,228 | 352,829 | ||||||
Koninklijke Philips NV | 10,263 | 177,195 | ||||||
Medtronic PLC | 10,769 | 901,258 | ||||||
Microport Scientific Corp.* | 15,500 | 48,636 | ||||||
Paramount Bed Holdings Co. Ltd. | 1,861 | 35,743 | ||||||
Siemens Healthineers AG | 1,510 | 80,979 | ||||||
Stryker Corp. | 3,083 | 782,496 | ||||||
Sysmex Corp. | 385 | 25,558 | ||||||
|
| |||||||
TOTAL HEALTH CARE EQUIPMENT & SUPPLIES |
| $ | 3,851,236 | |||||
HEALTH CARE PROVIDERS & SERVICES – 2.3% |
| |||||||
Alfresa Holdings Corp. | 6,135 | 76,792 | ||||||
BML, Inc. | 2,810 | 69,874 |
Description | Number of Shares | Value | ||||||
Chemed Corp. | 1,089 | $ | 550,097 | |||||
Elevance Health, Inc. | 1,079 | 539,489 | ||||||
Fresenius SE & Co. KGaA | 5,967 | 172,929 | ||||||
HCA Healthcare, Inc. | 3,404 | 868,258 | ||||||
Humana, Inc. | 959 | 490,720 | ||||||
McKesson Corp. | 874 | 330,966 | ||||||
Molina Healthcare, Inc.* | 991 | 309,024 | ||||||
Netcare Ltd. | 74,836 | 61,665 | ||||||
UnitedHealth Group, Inc. | 2,314 | 1,155,126 | ||||||
|
| |||||||
TOTAL HEALTH CARE PROVIDERS & SERVICES |
| $ | 4,624,940 | |||||
HOTELS, RESTAURANTS & LEISURE – 2.0% |
| |||||||
Airbnb, Inc., Class A* | 2,881 | 320,108 | ||||||
Choice Hotels International, Inc. | 2,585 | 317,671 | ||||||
Compass Group PLC | 21,390 | 510,965 | ||||||
Evolution AB | 623 | 70,020 | ||||||
H World Group Ltd., ADR | 6,097 | 289,485 | ||||||
Hilton Worldwide Holdings, Inc. | 2,883 | 418,294 | ||||||
La Francaise des Jeux SAEM | 563 | 24,090 | ||||||
McDonald’s Corp. | 3,717 | 993,926 | ||||||
McDonald’s Holdings Co. Japan Ltd. | 799 | 31,566 | ||||||
Sands China Ltd.* | 253,400 | 950,272 | ||||||
|
| |||||||
TOTAL HOTELS, RESTAURANTS & LEISURE |
| $ | 3,926,397 | |||||
HOUSEHOLD DURABLES – 0.7% |
| |||||||
Casio Computer Co. Ltd. | 8,880 | 91,794 | ||||||
Coway Co. Ltd.* | 1,789 | 81,128 | ||||||
De’ Longhi SpA | 4,047 | 93,421 | ||||||
Garmin Ltd. | 384 | 37,970 | ||||||
Nikon Corp. | 6,805 | 67,189 | ||||||
NVR, Inc.* | 113 | 595,510 | ||||||
Persimmon PLC | 2,340 | 40,869 | ||||||
Sekisui Chemical Co. Ltd. | 3,073 | 43,048 | ||||||
Sekisui House Ltd. | 8,791 | 166,143 | ||||||
Sony Group Corp. | 2,000 | 178,703 | ||||||
|
| |||||||
TOTAL HOUSEHOLD DURABLES |
| $ | 1,395,775 | |||||
HOUSEHOLD PRODUCTS – 1.3% |
| |||||||
Church & Dwight Co., Inc. | 371 | 29,999 | ||||||
Clorox Co. (The) | 168 | 24,308 | ||||||
Colgate-Palmolive Co. | 12,730 | 948,767 | ||||||
Henkel AG & Co. KGaA | 1,529 | 102,165 | ||||||
Procter & Gamble Co. (The) | 5,697 | 811,139 | ||||||
Reckitt Benckiser Group PLC | 10,147 | 723,085 | ||||||
Unicharm Corp. | 969 | 36,963 | ||||||
|
| |||||||
TOTAL HOUSEHOLD PRODUCTS |
| $ | 2,676,426 | |||||
INDUSTRIAL CONGLOMERATES – 0.4% |
| |||||||
3M Co. | 1,374 | 158,120 | ||||||
Honeywell International, Inc. | 382 | 79,639 | ||||||
Siemens AG | 3,146 | 491,422 | ||||||
|
| |||||||
TOTAL INDUSTRIAL CONGLOMERATES |
| $ | 729,181 | |||||
INSURANCE – 8.1% |
| |||||||
Admiral Group PLC | 963 | 26,180 | ||||||
Ageas SA | 2,773 | 135,383 | ||||||
AIA Group Ltd. | 237,913 | 2,690,236 | ||||||
Arch Capital Group Ltd.* | 3,827 | 246,267 |
January 31, 2023 (unaudited)
PORTFOLIO OF INVESTMENTS | 5 |
Wilmington Global Alpha Equities Fund (continued)
Description | Number of Shares | Value | ||||||
Arthur J. Gallagher & Co. | 5,156 | $ | 1,009,132 | |||||
Assicurazioni Generali SpA | 8,446 | 164,877 | ||||||
AXA SA | 51,857 | 1,617,888 | ||||||
Baloise Holding AG | 206 | 33,881 | ||||||
Brown & Brown, Inc. | 581 | 34,023 | ||||||
Caixa Seguridade Participacoes S/A | 57,576 | 98,790 | ||||||
China Pacific Insurance Group Co. Ltd., Class H | 197,000 | 541,645 | ||||||
China Reinsurance Group Corp., Class H | 929,071 | 71,322 | ||||||
Chubb Ltd. | 3,247 | 738,660 | ||||||
Dai-ichi Life Holdings, Inc. | 15,737 | 369,234 | ||||||
Enstar Group Ltd.* | 1,896 | 459,401 | ||||||
Gjensidige Forsikring ASA | 594 | 10,676 | ||||||
Globe Life, Inc. | 6,708 | 810,662 | ||||||
Intact Financial Corp. | 10,469 | 1,518,794 | ||||||
Markel Corp.* | 391 | 550,911 | ||||||
Marsh & McLennan Cos., Inc. | 3,524 | 616,383 | ||||||
MetLife, Inc. | 8,311 | 606,869 | ||||||
MS&AD Insurance Group Holdings, Inc. | 10,850 | 348,000 | ||||||
Old Mutual Ltd. | 125,111 | 85,286 | ||||||
Phoenix Group Holdings PLC | 350 | 2,774 | ||||||
Principal Financial Group, Inc. | 5,732 | 530,497 | ||||||
Progressive Corp. (The) | 2,777 | 378,644 | ||||||
Sampo OYJ, Class A | 2,356 | 123,689 | ||||||
Sompo Holdings, Inc. | 1,668 | 71,806 | ||||||
Swiss Life Holding AG | 31 | 18,347 | ||||||
T&D Holdings, Inc. | 74,016 | 1,184,719 | ||||||
Tokio Marine Holdings, Inc. | 33,770 | 707,303 | ||||||
Tongyang Life Insurance Co. Ltd.* | 7,542 | 29,325 | ||||||
Travelers Cos., Inc. (The) | 446 | 85,240 | ||||||
Willis Towers Watson PLC | 272 | 69,140 | ||||||
Zurich Insurance Group AG | 280 | 138,468 | ||||||
|
| |||||||
TOTAL INSURANCE |
| $ | 16,124,452 | |||||
INTERACTIVE MEDIA & SERVICES – 2.2% |
| |||||||
Alphabet, Inc., Class A* | 17,142 | 1,694,315 | ||||||
Alphabet, Inc., Class C* | 5,346 | 533,905 | ||||||
Baidu, Inc., Class A* | 5,572 | 93,665 | ||||||
Kanzhun Ltd., ADR* | 7,530 | 182,904 | ||||||
Tencent Holdings Ltd. | 37,484 | 1,826,555 | ||||||
ZoomInfo Technologies, Inc.* | 3,734 | 105,411 | ||||||
|
| |||||||
TOTAL INTERACTIVE MEDIA & SERVICES |
| $ | 4,436,755 | |||||
INTERNET & DIRECT MARKETING RETAIL – 2.1% |
| |||||||
Alibaba Group Holding Ltd.* | 14,053 | 193,210 | ||||||
Alibaba Group Holding Ltd., ADR* | 4,442 | 489,508 | ||||||
Amazon.com, Inc.* | 12,397 | 1,278,503 | ||||||
ASKUL Corp. | 16,769 | 221,661 | ||||||
Etsy, Inc.* | 2,892 | 397,881 | ||||||
JD.com, Inc., ADR | 9,445 | 562,261 | ||||||
JD.com, Inc., Class A | 1,600 | 47,509 | ||||||
Meituan, Class B* | 40,807 | 912,276 | ||||||
|
| |||||||
TOTAL INTERNET & DIRECT MARKETING RETAIL |
| $ | 4,102,809 | |||||
IT SERVICES – 5.0% |
| |||||||
Accenture PLC, Class A | 3,682 | 1,027,462 | ||||||
Automatic Data Processing, Inc. | 2,618 | 591,171 | ||||||
BIPROGY Inc | 2,573 | 67,224 | ||||||
Block, Inc., Class A* | 4,640 | 379,181 |
Description | Number of Shares | Value | ||||||
Capgemini SE | 4,590 | $ | 871,116 | |||||
Cognizant Technology Solutions Corp., Class A | 6,707 | 447,692 | ||||||
Edenred | 17,163 | 934,859 | ||||||
EPAM Systems, Inc.* | 70 | 23,286 | ||||||
Fidelity National Information Services, Inc. | 9,231 | 692,694 | ||||||
FleetCor Technologies, Inc.* | 1,882 | 392,980 | ||||||
Gartner, Inc.* | 1,903 | 643,480 | ||||||
GoDaddy, Inc., Class A* | 15,469 | 1,270,469 | ||||||
International Business Machines Corp. | 532 | 71,676 | ||||||
Itochu Techno-Solutions Corp. | 185 | 4,580 | ||||||
Jack Henry & Associates, Inc. | 179 | 32,236 | ||||||
Mastercard, Inc., Class A | 2,273 | 842,374 | ||||||
Nomura Research Institute Ltd. | 454 | 10,899 | ||||||
NS Solutions Corp. | 4,334 | 111,551 | ||||||
Obic Co. Ltd. | 357 | 57,237 | ||||||
Otsuka Corp. | 401 | 13,193 | ||||||
Paychex, Inc. | 801 | 92,804 | ||||||
Sopra Steria Group SACA | 189 | 31,435 | ||||||
Visa, Inc., Class A | 5,876 | 1,352,714 | ||||||
Western Union Co. (The) | 934 | 13,235 | ||||||
|
| |||||||
TOTAL IT SERVICES |
| $ | 9,975,548 | |||||
LEISURE PRODUCTS – 0.1% |
| |||||||
Bandai Namco Holdings, Inc. | 846 | 56,575 | ||||||
Sega Sammy Holdings, Inc. | 6,150 | 97,382 | ||||||
Shimano, Inc. | 247 | 44,049 | ||||||
|
| |||||||
TOTAL LEISURE PRODUCTS |
| $ | 198,006 | |||||
LIFE SCIENCES TOOLS & SERVICES – 0.8% |
| |||||||
Agilent Technologies, Inc. | 730 | 111,018 | ||||||
CMIC Holdings Co. Ltd. | 1,630 | 22,083 | ||||||
Danaher Corp. | 2,292 | 605,959 | ||||||
Hangzhou Tigermed Consulting Co. Ltd., Class H | 20,897 | 274,120 | ||||||
ICON PLC* | 1,710 | 394,514 | ||||||
Sartorius Stedim Biotech | 148 | 51,627 | ||||||
Thermo Fisher Scientific, Inc. | 333 | 189,920 | ||||||
|
| |||||||
TOTAL LIFE SCIENCES TOOLS & SERVICES |
| $ | 1,649,241 | |||||
MACHINERY – 2.9% |
| |||||||
Amada Co. Ltd. | 17,210 | 154,594 | ||||||
CNH Industrial NV | 36,445 | 644,761 | ||||||
Daimler Truck Holding AG* | 6,197 | 208,242 | ||||||
Duerr AG | 1,788 | 68,219 | ||||||
Ebara Corp. | 1,759 | 74,686 | ||||||
Fortive Corp. | 11,549 | 785,679 | ||||||
Graco, Inc. | 2,126 | 145,248 | ||||||
Hino Motors Ltd.* | 15,932 | 68,150 | ||||||
Hisaka Works Ltd. | 3,030 | 20,115 | ||||||
IDEX Corp. | 1,752 | 419,919 | ||||||
Kone OYJ, Class B | 10,178 | 555,069 | ||||||
Makino Milling Machine Co. Ltd. | 2,429 | 87,196 | ||||||
Makita Corp. | 5,421 | 144,398 | ||||||
MISUMI Group, Inc. | 2,061 | 51,870 | ||||||
Nordson Corp. | 129 | 31,386 | ||||||
OKUMA Corp. | 3,360 | 136,191 | ||||||
OSG Corp. | 7,342 | 115,232 | ||||||
Otis Worldwide Corp. | 6,171 | 507,441 |
January 31, 2023 (unaudited)
6 | PORTFOLIO OF INVESTMENTS |
Wilmington Global Alpha Equities Fund (continued) |
Description | Number of Shares | Value | ||||||
PACCAR, Inc. | 4,394 | $ | 480,308 | |||||
Schindler Holding AG | 341 | 72,680 | ||||||
SKF AB, Class B | 10,020 | 177,337 | ||||||
SMC Corp. | 176 | 89,392 | ||||||
Spirax-Sarco Engineering PLC | 394 | 56,280 | ||||||
Sumitomo Heavy Industries Ltd. | 4,860 | 108,073 | ||||||
THK Co. Ltd. | 9,231 | 195,904 | ||||||
Toyota Industries Corp. | 1,565 | 95,266 | ||||||
Volvo AB, Class B | 12,322 | 244,512 | ||||||
Wartsila OYJ Abp | 11,697 | 111,250 | ||||||
|
| |||||||
TOTAL MACHINERY |
| $ | 5,849,398 | |||||
MARINE – 0.0%** | ||||||||
Kuehne + Nagel International AG | 146 | 34,815 | ||||||
MEDIA – 1.5% |
| |||||||
Cable One, Inc. | 276 | 218,007 | ||||||
Comcast Corp., Class A | 10,622 | 417,976 | ||||||
Criteo SA, ADR* | 528 | 15,972 | ||||||
Fuji Media Holdings, Inc. | 4,220 | 35,642 | ||||||
Hakuhodo DY Holdings, Inc. | 10,567 | 114,201 | ||||||
Megacable Holdings SAB de CV | 24,921 | 78,361 | ||||||
Metropole Television SA | 5,060 | 80,590 | ||||||
Nippon Television Holdings, Inc. | 16,644 | 134,562 | ||||||
Omnicom Group, Inc. | 5,110 | 439,409 | ||||||
Publicis Groupe SA | 7,870 | 555,147 | ||||||
RTL Group SA | 2,477 | 120,187 | ||||||
Television Francaise 1 | 11,665 | 93,296 | ||||||
TV Asahi Holdings Corp. | 6,269 | 64,878 | ||||||
WPP PLC | 56,419 | 659,185 | ||||||
|
| |||||||
TOTAL MEDIA |
| $ | 3,027,413 | |||||
METALS & MINING – 1.6% | ||||||||
Anglo American PLC | 16,856 | 727,006 | ||||||
Asahi Holdings, Inc. | 6,663 | 104,831 | ||||||
Barrick Gold Corp. | 8,053 | 157,483 | ||||||
Centamin PLC | 56,762 | 77,813 | ||||||
Centerra Gold, Inc. | 11,120 | 71,373 | ||||||
Dowa Holdings Co. Ltd. | 1,120 | 39,103 | ||||||
Eldorado Gold Corp.* | 7,914 | 75,658 | ||||||
Endeavour Mining PLC | 3,164 | 74,549 | ||||||
Fresnillo PLC | 4,872 | 49,489 | ||||||
Glencore PLC | 74,508 | 498,972 | ||||||
Harmony Gold Mining Co. Ltd., ADR | 13,846 | 48,599 | ||||||
Kinross Gold Corp. | 5,734 | 26,606 | ||||||
Kyoei Steel Ltd. | 5,541 | 60,572 | ||||||
Maruichi Steel Tube Ltd. | 3,437 | 74,006 | ||||||
Neturen Co. Ltd. | 5,585 | 29,618 | ||||||
Norsk Hydro ASA | 3,861 | 31,304 | ||||||
OceanaGold Corp.* | 28,772 | 62,278 | ||||||
Resolute Mining Ltd.* | 91,928 | 17,890 | ||||||
Rio Tinto PLC | 10,701 | 837,902 | ||||||
Yamato Kogyo Co. Ltd. | 3,203 | 121,399 | ||||||
Yodogawa Steel Works Ltd. | 1,953 | 41,614 | ||||||
|
| |||||||
TOTAL METALS & MINING |
| $ | 3,228,065 | |||||
MULTILINE RETAIL – 0.1% | ||||||||
Dollar General Corp. | 555 | 129,648 |
Description | Number of Shares | Value | ||||||
Ryohin Keikaku Co. Ltd. | 8,200 | $ | 90,923 | |||||
TOTAL MULTILINE RETAIL | $ | 220,571 | ||||||
MULTI-UTILITIES – 0.8% |
| |||||||
Consolidated Edison, Inc. | 876 | 83,492 | ||||||
Dominion Energy, Inc. | 4,462 | 283,962 | ||||||
Engie SA | 18,409 | 261,405 | ||||||
National Grid PLC | 75,654 | 961,782 | ||||||
WEC Energy Group, Inc. | 777 | 73,030 | ||||||
|
| |||||||
TOTAL MULTI-UTILITIES |
| $ | 1,663,671 | |||||
OIL, GAS & CONSUMABLE FUELS – 3.7% |
| |||||||
ARC Resources Ltd. | 4,940 | 57,399 | ||||||
BP PLC | 78,291 | 472,898 | ||||||
Cameco Corp. | 3,714 | 103,921 | ||||||
Chevron Corp. | 2,680 | 466,374 | ||||||
ConocoPhillips | 4,013 | 489,064 | ||||||
Coterra Energy, Inc. | 19,319 | 483,555 | ||||||
Diamondback Energy, Inc. | 2,142 | 312,989 | ||||||
Enbridge, Inc. | 16,301 | 667,452 | ||||||
Eni SpA | 28,287 | 435,287 | ||||||
Exxon Mobil Corp. | 1,899 | 220,303 | ||||||
Inpex Corp. | 10,699 | 117,568 | ||||||
Shell PLC | 21,281 | 624,763 | ||||||
TC Energy Corp. | 12,888 | 555,311 | ||||||
TotalEnergies SE | 31,276 | 1,933,507 | ||||||
TotalEnergies SE, ADR | 6,388 | 396,311 | ||||||
Ultrapar Participacoes SA | 38,771 | 100,817 | ||||||
|
| |||||||
TOTAL OIL, GAS & CONSUMABLE FUELS |
| $ | 7,437,519 | |||||
PAPER & FOREST PRODUCTS – 0.0%** |
| |||||||
Oji Holdings Corp. | 1,550 | 6,406 | ||||||
PERSONAL PRODUCTS – 0.1% |
| |||||||
Haleon PLC* | 552 | 2,212 | ||||||
Kobayashi Pharmaceutical Co. Ltd. | 485 | 34,819 | ||||||
Unilever PLC | 3,615 | 184,000 | ||||||
|
| |||||||
TOTAL PERSONAL PRODUCTS |
| $ | 221,031 | |||||
PHARMACEUTICALS – 6.5% | ||||||||
Astellas Pharma, Inc. | 7,561 | 111,299 | ||||||
AstraZeneca PLC | 10,883 | 1,425,810 | ||||||
AstraZeneca PLC, ADR | 15,372 | 1,004,868 | ||||||
Bristol-Myers Squibb Co. | 2,531 | 183,877 | ||||||
Chugai Pharmaceutical Co. Ltd. | 7,180 | 186,142 | ||||||
Eisai Co. Ltd. | 1,049 | 64,902 | ||||||
Eli Lilly & Co. | 2,263 | 778,811 | ||||||
GSK PLC | 16,751 | 294,232 | ||||||
Johnson & Johnson | 8,903 | 1,454,928 | ||||||
Kissei Pharmaceutical Co. Ltd. | 2,463 | 48,523 | ||||||
Kyowa Kirin Co. Ltd. | 5,440 | 121,317 | ||||||
Merck & Co., Inc. | 9,932 | 1,066,796 | ||||||
Nippon Shinyaku Co. Ltd. | 2,119 | 109,057 | ||||||
Novartis AG | 30,157 | 2,726,467 | ||||||
Novo Nordisk A/S, Class B | 1,393 | 192,777 | ||||||
Ono Pharmaceutical Co. Ltd. | 6,162 | 133,707 | ||||||
Otsuka Holdings Co. Ltd. | 1,901 | 60,985 | ||||||
Pfizer, Inc. | 34,920 | 1,542,067 | ||||||
Roche Holding AG | 1,900 | 593,124 |
January 31, 2023 (unaudited)
PORTFOLIO OF INVESTMENTS | 7 |
Wilmington Global Alpha Equities Fund (continued)
Description | Number of Shares | Value | ||||||
Roche Holding AG | 172 | $ | 62,959 | |||||
Sanofi | 1,399 | 136,996 | ||||||
Takeda Pharmaceutical Co. Ltd. | 7,915 | 248,827 | ||||||
UCB SA | 3,827 | 314,214 | ||||||
|
| |||||||
TOTAL PHARMACEUTICALS |
| $ | 12,862,685 | |||||
PROFESSIONAL SERVICES – 1.8% |
| |||||||
Adecco Group AG* | 4,555 | 169,176 | ||||||
Bureau Veritas SA | 38,955 | 1,113,780 | ||||||
en Japan, Inc. | 3,345 | 63,685 | ||||||
Experian PLC | 13,003 | 475,513 | ||||||
Hays PLC | 68,787 | 104,952 | ||||||
Nihon M&A Center Holdings, Inc. | 703 | 7,187 | ||||||
Open Up Group, Inc. | 5,559 | 81,998 | ||||||
Pagegroup PLC | 13,913 | 78,325 | ||||||
Recruit Holdings Co. Ltd. | 1,336 | 42,966 | ||||||
RELX PLC | 1,103 | 32,769 | ||||||
Science Applications International Corp. | 6,364 | 660,456 | ||||||
SGS SA | 34 | 82,914 | ||||||
SThree PLC | 7,531 | 39,438 | ||||||
Wolters Kluwer NV | 5,261 | 573,570 | ||||||
|
| |||||||
TOTAL PROFESSIONAL SERVICES |
| $ | 3,526,729 | |||||
REAL ESTATE INVESTMENT TRUSTS – 1.4% |
| |||||||
American Tower Corp. | 4,260 | 951,641 | ||||||
British Land Co. PLC (The) | 13,677 | 74,853 | ||||||
Brixmor Property Group, Inc. | 20,331 | 478,388 | ||||||
Daiwa House REIT Investment Corp. | 20 | 43,515 | ||||||
Japan Metropolitan Fund Invest | 16 | 12,369 | ||||||
Japan Real Estate Investment Corp. | 12 | 51,450 | ||||||
Land Securities Group PLC | 9,371 | 82,098 | ||||||
LaSalle Logiport REIT | 97 | 117,526 | ||||||
Nippon Building Fund, Inc. | 12 | 52,444 | ||||||
Nomura Real Estate Master Fund, Inc. | 37 | 43,270 | ||||||
Public Storage | 2,120 | 645,201 | ||||||
VICI Properties, Inc. | 9,391 | 320,984 | ||||||
|
| |||||||
TOTAL REAL ESTATE INVESTMENT TRUSTS |
| $ | 2,873,739 | |||||
REAL ESTATE MANAGEMENT & DEVELOPMENT – 0.3% |
| |||||||
CK Asset Holdings Ltd. | 23,437 | 149,845 | ||||||
Daito Trust Construction Co. Ltd. | 147 | 14,526 | ||||||
Daiwa House Industry Co. Ltd. | 863 | 20,725 | ||||||
Mitsubishi Estate Co. Ltd. | 22,710 | 291,894 | ||||||
Swiss Prime Site AG | 1,113 | 99,178 | ||||||
Wharf Holdings Ltd. (The) | 27,387 | 71,347 | ||||||
|
| |||||||
TOTAL REAL ESTATE MANAGEMENT & DEVELOPMENT |
| $ | 647,515 | |||||
ROAD & RAIL – 1.2% | ||||||||
Canadian National Railway Co. | 13,145 | 1,564,695 | ||||||
Central Japan Railway Co. | 278 | 33,909 | ||||||
East Japan Railway Co. | 488 | 27,210 | ||||||
Tobu Railway Co. Ltd. | 158 | 3,707 | ||||||
Uber Technologies, Inc.* | 14,385 | 444,928 | ||||||
U-Haul Holding Co. | 4,533 | 280,094 | ||||||
West Japan Railway Co. | 128 | 5,361 | ||||||
|
| |||||||
TOTAL ROAD & RAIL |
| $ | 2,359,904 |
Description | Number of Shares | Value | ||||||
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT – 1.8% |
| |||||||
ams-OSRAM AG* | 9,080 | $ | 84,826 | |||||
Analog Devices, Inc. | 1,755 | 300,930 | ||||||
ASM Pacific Technology Ltd. | 13,805 | 114,024 | ||||||
Disco Corp. | 267 | 80,215 | ||||||
Intel Corp. | 5,411 | 152,915 | ||||||
KLA Corp. | 629 | 246,870 | ||||||
Mimasu Semiconductor Industry Co. Ltd. | 3,340 | 66,249 | ||||||
Miraial Co. Ltd. | 2,160 | 25,577 | ||||||
NXP Semiconductors NV | 2,917 | 537,632 | ||||||
Optorun Co. Ltd. | 2,019 | 39,842 | ||||||
QUALCOMM, Inc. | 2,515 | 335,023 | ||||||
Rohm Co. Ltd. | 1,330 | 106,575 | ||||||
Taiwan Semiconductor Manufacturing Co. Ltd. | 26,000 | 458,817 | ||||||
Texas Instruments, Inc. | 5,427 | 961,719 | ||||||
Tokyo Seimitsu Co. Ltd. | 1,159 | 39,904 | ||||||
|
| |||||||
TOTAL SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT |
| $ | 3,551,118 | |||||
SOFTWARE – 3.4% |
| |||||||
ANSYS, Inc.* | 213 | 56,735 | ||||||
Autodesk, Inc.* | 468 | 100,695 | ||||||
Black Knight, Inc.* | 11,580 | 701,632 | ||||||
Constellation Software, Inc. | 827 | 1,461,115 | ||||||
Dassault Systemes SE | 2,659 | 98,891 | ||||||
Kingdee International Software Group Co. Ltd.* | 127,642 | 278,580 | ||||||
Microsoft Corp. | 14,299 | 3,543,435 | ||||||
Roper Technologies, Inc. | 263 | 112,235 | ||||||
Salesforce, Inc.* | 1,447 | 243,053 | ||||||
Synopsys, Inc.* | 178 | 62,967 | ||||||
Topicus.com, Inc.* | 515 | 29,730 | ||||||
Trend Micro, Inc.* | 536 | 26,539 | ||||||
Tyler Technologies, Inc.* | 101 | 32,600 | ||||||
|
| |||||||
TOTAL SOFTWARE |
| $ | 6,748,207 | |||||
SPECIALTY RETAIL – 1.8% |
| |||||||
Adastria Co. Ltd. | 2,852 | 48,132 | ||||||
CarMax, Inc.* | 2,488 | 175,280 | ||||||
CECONOMY AG | 13,503 | 33,116 | ||||||
China Meidong Auto Holdings Ltd. | 85,885 | 213,093 | ||||||
China Tourism Group Duty Free Corp. Ltd., Class H* | 1,882 | 57,666 | ||||||
Hikari Tsushin, Inc. | 703 | 100,345 | ||||||
Home Depot, Inc. (The) | 1,667 | 540,391 | ||||||
Industria de Diseno Textil SA | 21,195 | 661,725 | ||||||
Kingfisher PLC | 20,835 | 71,879 | ||||||
K’s Holdings Corp. | 6,397 | 56,555 | ||||||
Nitori Holdings Co. Ltd. | 341 | 45,133 | ||||||
Ross Stores, Inc. | 2,369 | 279,992 | ||||||
TJX Cos., Inc. (The) | 9,489 | 776,770 | ||||||
Ulta Beauty, Inc.* | 924 | 474,899 | ||||||
USS Co. Ltd. | 1,574 | 25,889 | ||||||
Xebio Holdings Co. Ltd. | 6,818 | 48,658 | ||||||
|
| |||||||
TOTAL SPECIALTY RETAIL |
| $ | 3,609,523 | |||||
TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS – 1.3% |
| |||||||
Apple, Inc. | 16,152 | 2,330,572 | ||||||
Canon, Inc. | 3,346 | 74,256 | ||||||
Catcher Technology Co. Ltd. | 14,894 | 88,569 |
January 31, 2023 (unaudited)
8 | PORTFOLIO OF INVESTMENTS |
Wilmington Global Alpha Equities Fund (continued) |
Description | Number of Shares | Value | ||||||
Elecom Co. Ltd. | 5,640 | $ | 59,202 | |||||
Quadient SA | 3,911 | 68,973 | ||||||
|
| |||||||
TOTAL TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS |
| $ | 2,621,572 | |||||
TEXTILES, APPAREL & LUXURY GOODS – 1.0% |
| |||||||
Cie Financiere Richemont SA, Class A | 3,157 | 486,675 | ||||||
Hermes International | 97 | 181,536 | ||||||
Lululemon Athletica, Inc.* | 822 | 252,255 | ||||||
NIKE, Inc., Class B | 6,679 | 850,437 | ||||||
Sanyo Shokai Ltd.* | 2,000 | 21,808 | ||||||
Swatch Group AG (The) | 582 | 210,724 | ||||||
Yue Yuen Industrial Holdings Ltd. | 34,935 | 57,310 | ||||||
|
| |||||||
TOTAL TEXTILES, APPAREL & LUXURY GOODS |
| $ | 2,060,745 | |||||
TOBACCO – 0.8% |
| |||||||
British American Tobacco PLC | 7,662 | 293,714 | ||||||
Japan Tobacco, Inc. | 2,252 | 45,923 | ||||||
Philip Morris International, Inc. | 11,218 | 1,169,364 | ||||||
|
| |||||||
TOTAL TOBACCO |
| $ | 1,509,001 | |||||
TRADING COMPANIES & DISTRIBUTORS – 1.8% |
| |||||||
AerCap Holdings NV* | 13,853 | 875,648 | ||||||
Brenntag SE | 16,814 | 1,255,132 | ||||||
Fastenal Co. | 4,333 | 219,033 | ||||||
Inaba Denki Sangyo Co. Ltd. | 2,600 | 56,487 | ||||||
ITOCHU Corp. | 7,315 | 236,434 | ||||||
Marubeni Corp. | 2,025 | 24,844 | ||||||
Mitsubishi Corp. | 5,622 | 188,258 | ||||||
SIG PLC* | 29,370 | 12,688 | ||||||
Sumitomo Corp. | 4,844 | 86,950 | ||||||
Triton International Ltd. | 8,404 | 593,659 | ||||||
|
| |||||||
TOTAL TRADING COMPANIES & DISTRIBUTORS |
| $ | 3,549,133 | |||||
TRANSPORTATION INFRASTRUCTURE – 0.1% |
| |||||||
Kamigumi Co. Ltd. | 5,749 | 117,604 | ||||||
WATER UTILITIES – 0.1% |
| |||||||
Cia de Saneamento Basico do Estado de Sao Paulo | 7,782 | 85,619 | ||||||
Severn Trent PLC | 1,340 | 46,633 | ||||||
|
| |||||||
TOTAL WATER UTILITIES |
| $ | 132,252 |
Description | Number of Shares | Value | ||||||
WIRELESS TELECOMMUNICATION SERVICES – 0.9% |
| |||||||
Empresa Nacional de Telecomunicaciones SA | 16,957 | $ | 65,067 | |||||
KDDI Corp. | 35,606 | 1,112,455 | ||||||
MTN Group Ltd. | 2,837 | 24,014 | ||||||
SoftBank Corp. | 8,860 | 101,377 | ||||||
T-Mobile US, Inc.* | 3,025 | 451,663 | ||||||
|
| |||||||
TOTAL WIRELESS TELECOMMUNICATION SERVICES |
| $ | 1,754,576 | |||||
|
| |||||||
TOTAL COMMON STOCKS (Cost $ 148,942,565) | $ | 187,199,585 | ||||||
EXCHANGE-TRADED FUNDS – 0.1% |
| |||||||
EQUITY FUNDS – 0.1% | ||||||||
iShares Core MSCI EAFE ETF | 1,757 | 117,842 | ||||||
iShares MSCI ACWI ETF | 1,623 | 148,099 | ||||||
NEXT FUNDS TOPIX ETF | 550 | 8,764 | ||||||
|
| |||||||
TOTAL EXCHANGE-TRADED FUNDS (Cost $ 247,656) |
| $ | 274,705 | |||||
PREFERRED STOCKS – 0.1% | ||||||||
CONSUMER STAPLES – 0.1% |
| |||||||
Henkel AG & Co. KGaA 1.85% | 1,860 | 132,619 | ||||||
MATERIALS – 0.0%** | ||||||||
Fuchs Petrolub SE 1.03% | 3,179 | 126,824 | ||||||
|
| |||||||
TOTAL PREFERRED STOCKS (Cost $ 225,355) |
| $ | 259,443 | |||||
MONEY MARKET FUND – 2.9% | ||||||||
Dreyfus Government Cash Management Fund, Institutional Shares 4.23%^ | 5,715,573 | 5,715,573 | ||||||
|
| |||||||
TOTAL MONEY MARKET FUND (Cost $ 5,715,573) |
| $ | 5,715,573 | |||||
|
| |||||||
TOTAL INVESTMENTS – 97.3% (COST $ 155,131,149) |
| $ | 193,449,306 | |||||
OTHER ASSETS LESS LIABILITIES – 2.7% |
| 5,385,756 | ||||||
|
| |||||||
TOTAL NET ASSETS – 100.0% | $ | 198,835,062 | ||||||
|
|
Various inputs are used in determining the value of the Fund’s investments. These inputs are summarized in the three broad levels listed below.
Level 1 – quoted prices in active markets for identical securities
Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)
Level 3 – significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments)
The following is a summary of the inputs used as of January 31, 2023 in valuing the Fund’s assets and liabilities carried at fair value:
Level 1
| Level 2
| Level 3
| Total
| |||||||||||||
Assets | ||||||||||||||||
Investments in Securities | ||||||||||||||||
Common Stocks | ||||||||||||||||
Aerospace & Defense | $ | 2,500,497 | $ | 2,378,713 | $— | $ | 4,879,210 | |||||||||
Air Freight & Logistics | 1,173,368 | 345,521 | — | 1,518,889 | ||||||||||||
Airlines | 500,923 | 237,175 | — | 738,098 | ||||||||||||
Auto Components | — | 1,062,849 | — | 1,062,849 | ||||||||||||
Automobiles | 92,877 | 2,273,350 | — | 2,366,227 | ||||||||||||
Banks | 3,005,002 | 5,820,313 | —(a) | 8,825,315 |
January 31, 2023 (unaudited)
PORTFOLIO OF INVESTMENTS | 9 |
Wilmington Global Alpha Equities Fund (continued)
Level 1
| Level 2
| Level 3
| Total
| |||||||||||
Beverages | $ | 1,168,088 | $ | 1,623,908 | $— | $ | 2,791,996 | |||||||
Biotechnology | 638,935 | 268,058 | — | 906,993 | ||||||||||
Building Products | 1,978,987 | 579,350 | — | 2,558,337 | ||||||||||
Capital Markets | 3,721,680 | 2,088,021 | — | 5,809,701 | ||||||||||
Chemicals | 1,662,380 | 1,279,895 | — | 2,942,275 | ||||||||||
Commercial Services & Supplies | 2,547,250 | 243,934 | — | 2,791,184 | ||||||||||
Communications Equipment | 1,702,767 | 306,898 | — | 2,009,665 | ||||||||||
Construction & Engineering | — | 1,500,227 | — | 1,500,227 | ||||||||||
Construction Materials | — | 618,614 | — | 618,614 | ||||||||||
Consumer Finance | 1,328,940 | 161,986 | — | 1,490,926 | ||||||||||
Containers & Packaging | 195,919 | 3,212 | — | 199,131 | ||||||||||
Distributors | 650,446 | 54,890 | — | 705,336 | ||||||||||
Diversified Consumer Services | — | 8,749 | — | 8,749 | ||||||||||
Diversified Financial Services | 2,345,429 | 2,600,945 | — | 4,946,374 | ||||||||||
Diversified Telecommunication Services | 683,486 | 1,830,306 | — | 2,513,792 | ||||||||||
Electric Utilities | 1,706,344 | 570,269 | — | 2,276,613 | ||||||||||
Electrical Equipment | — | 714,543 | — | 714,543 | ||||||||||
Electronic Equipment, Instruments & Components | 118,698 | 1,228,796 | — | 1,347,494 | ||||||||||
Energy Equipment & Services | 433,505 | 376,337 | — | 809,842 | ||||||||||
Entertainment | 529,691 | 459,899 | — | 989,590 | ||||||||||
Food & Staples Retailing | 1,340,729 | 832,158 | — | 2,172,887 | ||||||||||
Food Products | 1,393,726 | 1,656,923 | — | 3,050,649 | ||||||||||
Gas Utilities | 137,692 | 1,212,429 | — | 1,350,121 | ||||||||||
Health Care Equipment & Supplies | 3,332,947 | 518,289 | — | 3,851,236 | ||||||||||
Health Care Providers & Services | 4,243,680 | 381,260 | — | 4,624,940 | ||||||||||
Hotels, Restaurants & Leisure | 2,339,484 | 1,586,913 | — | 3,926,397 | ||||||||||
Household Durables | 633,480 | 762,295 | — | 1,395,775 | ||||||||||
Household Products | 1,814,213 | 862,213 | — | 2,676,426 | ||||||||||
Industrial Conglomerates | 237,759 | 491,422 | — | 729,181 | ||||||||||
Insurance | 7,753,413 | 8,371,039 | — | 16,124,452 | ||||||||||
Interactive Media & Services | 2,516,535 | 1,920,220 | — | 4,436,755 | ||||||||||
Internet & Direct Marketing Retail | 2,728,153 | 1,374,656 | — | 4,102,809 | ||||||||||
IT Services | 7,873,454 | 2,102,094 | — | 9,975,548 | ||||||||||
Leisure Products | — | 198,006 | — | 198,006 | ||||||||||
Life Sciences Tools & Services | 1,301,411 | 347,830 | — | 1,649,241 | ||||||||||
Machinery | 2,369,981 | 3,479,417 | — | 5,849,398 | ||||||||||
Marine | — | 34,815 | — | 34,815 | ||||||||||
Media | 1,169,725 | 1,857,688 | — | 3,027,413 | ||||||||||
Metals & Mining | 516,546 | 2,711,519 | — | 3,228,065 | ||||||||||
Multiline Retail | 129,648 | 90,923 | — | 220,571 | ||||||||||
Multi-Utilities | 440,484 | 1,223,187 | — | 1,663,671 | ||||||||||
Oil, Gas & Consumable Fuels | 3,853,496 | 3,584,023 | — | 7,437,519 | ||||||||||
Paper & Forest Products | — | 6,406 | — | 6,406 | ||||||||||
Personal Products | — | 221,031 | — | 221,031 | ||||||||||
Pharmaceuticals | 6,031,347 | 6,831,338 | — | 12,862,685 | ||||||||||
Professional Services | 660,456 | 2,866,273 | — | 3,526,729 | ||||||||||
Real Estate Investment Trusts | 2,396,214 | 477,525 | — | 2,873,739 | ||||||||||
Real Estate Management & Development | — | 647,515 | — | 647,515 | ||||||||||
Road & Rail | 2,289,717 | 70,187 | — | 2,359,904 | ||||||||||
Semiconductors & Semiconductor Equipment | 2,535,089 | 1,016,029 | — | 3,551,118 | ||||||||||
Software | 6,344,197 | 404,010 | — | 6,748,207 | ||||||||||
Specialty Retail | 2,247,332 | 1,362,191 | — | 3,609,523 | ||||||||||
Technology Hardware, Storage & Peripherals | 2,330,572 | 291,000 | — | 2,621,572 | ||||||||||
Textiles, Apparel & Luxury Goods | 1,102,692 | 958,053 | — | 2,060,745 | ||||||||||
Tobacco | 1,169,364 | 339,637 | — | 1,509,001 | ||||||||||
Trading Companies & Distributors | 1,688,340 | 1,860,793 | — | 3,549,133 | ||||||||||
Transportation Infrastructure | — | 117,604 | — | 117,604 | ||||||||||
Water Utilities | 85,619 | 46,633 | — | 132,252 | ||||||||||
Wireless Telecommunication Services | 516,730 | 1,237,846 | — | 1,754,576 |
January 31, 2023 (unaudited)
10 | PORTFOLIO OF INVESTMENTS |
Wilmington Global Alpha Equities Fund (continued) |
Level 1
| Level 2
| Level 3
| Total
| |||||||||||||
Exchange-Traded Funds | $ | 265,941 | $ | 8,764 | $— | $ | 274,705 | |||||||||
Preferred Stocks | — | 259,443 | — | 259,443 | ||||||||||||
Money Market Fund | 5,715,573 | — | — | 5,715,573 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments in Securities | $ | 110,190,951 | $ | 83,258,355 | $— | $ | 193,449,306 | |||||||||
|
|
|
|
|
|
|
| |||||||||
Liabilities | ||||||||||||||||
Other Financial Instruments! | ||||||||||||||||
Forward Foreign Currency Contracts | $ | — | $ | (725,443 | ) | $— | $ | (725,443 | ) | |||||||
Financial Futures Contracts | (4,372,600 | ) | — | — | (4,372,600 | ) | ||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Liabilities - Other Financial Instruments | $ | (4,372,600 | ) | $ | (725,443 | ) | $— | $ | (5,098,043 | ) | ||||||
|
|
|
|
|
|
|
|
(a) | Includes internally fair valued securities currently priced at zero ($0). |
! | Other financial instruments are derivative instruments, such as forward foreign currency contracts and financial futures contracts, which are valued at the unrealized appreciation (depreciation) on the instrument. |
The inputs or techniques used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. Additional information on the Fund’s valuation policy is included in the most recent shareholder report.
* | Non-income producing security. |
** | Represents less than 0.05%. |
^ | 7-Day net yield. |
(1) | The value of this security was determined using significant unobservable inputs and is reported as a Level 3 security in the Valuation Hierarchy table located at the end of the Portfolio of Investments. |
The following acronyms are used throughout this Portfolio of Investments:
ADR | American Depositary Receipt | |
CAD | Canadian Dollar | |
ETF | Exchange-Traded Fund | |
EUR | Euro | |
GBP | British Pound Sterling | |
JPY | Japanese Yen | |
MSCI | Morgan Stanley Capital International | |
NVDR | Non-Voting Depositary Receipt | |
OYJ | Public Limited Company | |
PCL | Public Company Limited | |
PLC | Public Limited Company | |
REIT | Real Estate Investment Trust | |
S&P | Standards & Poor’s | |
SpA | Societa per Azioni |
At January 31, 2023, the Global Alpha Equities Fund had the following outstanding forward foreign currency contracts, which contractually obligates the Fund to deliver or receive currencies at specified future dates:
Settlement Date | Counterparty | Contracts to Deliver/Receive | Contract Amount | Contract at Value | Unrealized Appreciation | Unrealized (Depreciation) | ||||||||||||||||||
CONTRACTS SOLD | ||||||||||||||||||||||||
3/15/2023 | BNP Paribas | 938,700,000 JPY | $ | 6,954,893 | $ | 7,254,857 | $— | $(299,964) | ||||||||||||||||
2/1/2023 | BNY Mellon | 10,335 CAD | 6,848 | 7,767 | — | (919) | ||||||||||||||||||
3/15/2023 | Barclays Capital Group | 7,066,000 EUR | 7,476,789 | 7,703,206 | — | (226,417) | ||||||||||||||||||
3/15/2023 | BNP Paribas | 5,445,000 GBP | 6,679,213 | 6,719,345 | — | (40,132) | ||||||||||||||||||
3/15/2023 | Morgan Stanley | 8,975,000 CAD | 6,589,447 | 6,747,458 | — | (158,011) | ||||||||||||||||||
UNREALIZED APPRECIATION (DEPRECIATION) ON FORWARD FOREIGN CURRENCY CONTRACTS |
| $— | $(725,443) |
January 31, 2023 (unaudited)
PORTFOLIO OF INVESTMENTS | 11 |
Wilmington Global Alpha Equities Fund (concluded)
At January 31, 2023, the Global Alpha Equities Fund had open financial futures contracts as follows:
Underlying Contracts to Buy/Sell
| Expiration
| Number of
| Notional
| Notional
| Unrealized
| Unrealized
| ||||||||||||||||||
SHORT POSITIONS: | ||||||||||||||||||||||||
EXCHANGE-TRADED: | ||||||||||||||||||||||||
E-Mini Russell 2000 Index | March 2023 | 67 | $6,068,776 | $ 6,496,990 | $— | $ (428,214) | ||||||||||||||||||
E-Mini S&P 500 Index | March 2023 | 92 | 18,229,639 | 18,814,000 | — | (584,361) | ||||||||||||||||||
E-Mini S&P Mid 400 Index | March 2023 | 37 | 9,200,564 | 9,852,730 | — | (652,166) | ||||||||||||||||||
Euro STOXX 50 Index | March 2023 | 56 | 2,400,736 | 2,539,322 | — | (138,586) | ||||||||||||||||||
FTSE 100 Index | March 2023 | 39 | 3,583,425 | 3,726,049 | — | (142,624) | ||||||||||||||||||
HSCE Index | February 2023 | 140 | 6,618,047 | 6,654,381 | — | (36,334) | ||||||||||||||||||
MSCI EAFE Index | March 2023 | 309 | 30,645,718 | 32,738,550 | — | (2,092,832) | ||||||||||||||||||
S&P TSX 60 Index | March 2023 | 26 | 4,729,262 | 4,900,440 | — | (171,178) | ||||||||||||||||||
TOPIX Index | March 2023 | 57 | 8,524,523 | 8,650,828 | — | (126,305) | ||||||||||||||||||
UNREALIZED APPRECIATION (DEPRECIATION) ON FINANCIAL FUTURES CONTRACTS |
| $— | $(4,372,600) |
For additional information about significant accounting policies, refer to Fund’s most recent semi-annual or annual report.
January 31, 2023 (unaudited)