Portfolio Holdings (unaudited) | ||||
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| Value (U.S.) | |
July 31, 2020 | Shares |
| (Note A) | |
COMMON STOCKS (99.22%) (a) |
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COMMON STOCKS OF IRISH COMPANIES (86.29%) |
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Airlines (5.35%) |
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Ryanair Holdings PLC * | 92,391 |
| $ 1,146,548 | |
Ryanair Holdings PLC - Sponsored ADR * | 22,757 |
| 1,706,775 | |
|
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|
| 2,853,323 |
Banks (1.92%) |
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AIB Group PLC * | 418,951 |
| 521,635 | |
Bank of Ireland Group PLC * | 244,217 |
| 503,433 | |
|
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| 1,025,068 |
Beverages (3.25%) |
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C&C Group PLC | 571,128 |
| 1,730,714 | |
Building Products (7.88%) |
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Kingspan Group PLC | 58,729 |
| 4,202,687 | |
Construction Materials (22.15%) |
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CRH PLC | 325,907 |
| 11,808,864 | |
Containers & Packaging (4.01%) |
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Smurfit Kappa Group PLC | 63,851 |
| 2,140,576 | |
Food & Staples Retailing (1.77%) |
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Total Produce PLC | 748,397 |
| 941,524 | |
Food Products (3.17%) |
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Glanbia PLC | 31,761 |
| 384,231 | |
Greencore Group PLC | 179,092 |
| 299,839 | |
Kerry Group PLC, Series A | 7,017 |
| 925,758 | |
Origin Enterprises PLC | 21,273 |
| 79,436 | |
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| 1,689,264 |
Health Care Services (4.17%) |
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UDG Healthcare PLC | 85,774 |
| 799,423 | |
Uniphar PLC | 576,561 |
| 1,426,240 | |
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| 2,225,663 |
Hotels, Restaurants & Leisure (12.61%) |
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Dalata Hotel Group PLC | 328,468 |
| 1,007,926 | |
Flutter Entertainment | 2,500 |
| 375,357 | |
Flutter Entertainment PLC | 35,304 |
| 5,337,623 | |
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| 6,720,906 |
Household Durables (3.25%) |
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Cairn Homes PLC | 519,333 |
| 522,435 | |
Glenveagh Properties PLC * | 1,464,771 |
| 1,207,802 | |
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| 1,730,237 |
Industrial Conglomerates (3.97%) |
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DCC PLC | 23,696 |
| 2,119,160 | |
Life Sciences Tools & Services (1.88%) |
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Malin Corp. PLC * | 189,215 |
| 1,002,989 | |
Machinery (1.32%) |
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Mincon Group PLC | 718,130 |
| 702,117 | |
Marine (1.54%) |
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Irish Continental Group PLC - UTS | 211,562 |
| 822,394 | |
Multi-Utilities (1.20%) |
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Greencoat Renewables PLC | 440,825 |
| 641,300 | |
Pharmaceuticals (1.34%) |
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Amryt Pharma PLC * | 300,819 |
| 712,729 | |
Specialty Retail (2.03%) |
|
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Applegreen PLC | 251,921 |
| 1,080,174 | |
Trading Companies & Distributors (3.48%) |
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Grafton Group PLC | 220,093 |
| 1,853,939 | |
TOTAL COMMON STOCKS OF IRISH COMPANIES |
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(Cost $38,598,289) |
|
| 46,003,628 | |
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COMMON STOCKS OF CANADIAN COMPANIES (1.73%) |
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Containers & Packaging (1.73%) |
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IPL Plastics, Inc. * | 124,066 |
| 922,541 | |
TOTAL COMMON STOCKS OF CANADAIAN COMPANIES |
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(Cost $722,574) |
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| 922,541 | |
COMMON STOCKS OF FRENCH COMPANIES (4.89%) |
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Building Products (2.39%) |
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Cie de St-Gobain * | 34,747 |
| 1,275,799 | |
Multi-Utilities (2.50%) |
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Veolia Environnement SA | 58,643 |
| 1,333,910 | |
TOTAL COMMON STOCKS OF FRENCH COMPANIES |
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(Cost $2,426,138) |
|
| 2,609,709 | |
COMMON STOCKS OF ITALY COMPANIES (2.70%) |
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Electric Utilities (2.70%) |
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Enel S.p.A. | 157,887 |
| 1,437,467 | |
TOTAL COMMON STOCKS OF ITALY COMPANIES |
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(Cost $1,121,151) |
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| 1,437,467 | |
COMMON STOCKS OF UNITED KINGDOM COMPANIES (1.49%) |
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Construction & Engineering (1.49%) |
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Costain Group PLC | 1,006,139 |
| 794,174 | |
TOTAL COMMON STOCKS OF UNITED KINGDOM COMPANIES |
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(Cost $862,452) |
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| 794,174 | |
COMMON STOCKS OF UNITED STATES COMPANIES (2.12%) |
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Commercial Services & Supplies (2.12%) |
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Covanta Holding Corp. | 114,645 |
| 1,128,107 | |
TOTAL COMMON STOCKS OF UNITED STATES COMPANIES |
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(Cost $1,478,969) |
|
| 1,128,107 | |
TOTAL COMMON STOCKS |
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(Cost $45,209,573) |
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| $ 52,895,626 | |
RIGHTS - –% |
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- –% |
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AMRYT EMA CVR * (b) | 300,819 |
| – | |
AMRYT FDA CVR * (b) | 300,819 |
| – | |
AMRYT REVENUE CVR * (b) | 300,819 |
| – | |
|
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|
| – |
TOTAL RIGHTS |
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(Cost $0) |
|
| – | |
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TOTAL INVESTMENTS (99.22%) |
|
| 52,895,626 | |
(Cost 45,209,573) |
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OTHER ASSETS AND LIABILITIES (0.78%) |
|
| 416,005 | |
NET ASSETS (100.00%) |
|
| $ 53,311,631 | |
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* | Non-income producing security. |
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ADR | American Depositary Receipt traded in U.S. dollars. |
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UTS | Units |
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CVR�� | Contingent Value Rights |
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(a) | The Global Industry Classification Standard (GICS®) was developed by and is the exclusive property of MSCI, Inc. and Standard & Poor’s Financial Services LLC (“S&P”). GICS® is a service mark of MSCI, Inc. and S&P and has been licensed for use by the Administrator, U.S. Bancorp Fund Services, LLC. |
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(b) | Value determined using significant unobservable inputs. |
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