|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS — 99.8%
|
|||||
|
|
Aerospace & Defense — 2.0%
|
|
|||
|
2,984
|
General Dynamics Corp.
|
$856,677
|
|||
|
1,870
|
Lockheed Martin Corp.
|
869,419
|
|||
|
|
|
1,726,096
|
|||
|
|
Banks — 1.2%
|
|
|||
|
5,193
|
JPMorgan Chase & Co.
|
995,706
|
|||
|
|
Beverages — 4.7%
|
|
|||
|
32,999
|
Coca-Cola (The) Co.
|
2,038,348
|
|||
|
2,840
|
Constellation Brands, Inc.,
Class A
|
719,826
|
|||
|
6,893
|
PepsiCo, Inc.
|
1,212,548
|
|||
|
|
|
3,970,722
|
|||
|
|
Biotechnology — 1.2%
|
|
|||
|
6,005
|
AbbVie, Inc.
|
976,653
|
|||
|
|
Capital Markets — 2.1%
|
|
|||
|
5,084
|
CME Group, Inc.
|
1,065,810
|
|||
|
5,466
|
Intercontinental Exchange, Inc.
|
703,802
|
|||
|
|
|
1,769,612
|
|||
|
|
Chemicals — 2.9%
|
|
|||
|
2,408
|
Ecolab, Inc.
|
544,569
|
|||
|
1,849
|
Linde PLC
|
815,335
|
|||
|
5,654
|
LyondellBasell Industries N.V.,
Class A
|
565,231
|
|||
|
4,040
|
PPG Industries, Inc.
|
521,160
|
|||
|
|
|
2,446,295
|
|||
|
|
Commercial Services &
Supplies — 5.9%
|
|
|||
|
1,314
|
Cintas Corp.
|
865,059
|
|||
|
11,673
|
Republic Services, Inc.
|
2,237,714
|
|||
|
8,817
|
Waste Management, Inc.
|
1,834,112
|
|||
|
|
|
4,936,885
|
|||
|
|
Communications Equipment
— 5.7%
|
|
|||
|
35,728
|
Cisco Systems, Inc.
|
1,678,502
|
|||
|
8,620
|
F5, Inc. (a)
|
1,424,972
|
|||
|
4,908
|
Motorola Solutions, Inc.
|
1,664,548
|
|||
|
|
|
4,768,022
|
|||
|
|
Consumer Staples Distribution
& Retail — 2.8%
|
|
|||
|
906
|
Costco Wholesale Corp.
|
654,947
|
|||
|
6,268
|
Sysco Corp.
|
465,838
|
|||
|
20,628
|
Walmart, Inc.
|
1,224,272
|
|||
|
|
|
2,345,057
|
|||
|
|
Electric Utilities — 2.4%
|
|
|||
|
10,767
|
Duke Energy Corp.
|
1,057,965
|
|||
|
12,743
|
Southern (The) Co.
|
936,611
|
|||
|
|
|
1,994,576
|
|||
|
|
Electrical Equipment — 1.2%
|
|
|||
|
5,710
|
AMETEK, Inc.
|
997,309
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Electronic Equipment,
Instruments & Components
— 2.2%
|
|
|||
|
15,606
|
Amphenol Corp., Class A
|
$1,884,737
|
|||
|
|
Entertainment — 0.8%
|
|
|||
|
5,572
|
Electronic Arts, Inc.
|
706,641
|
|||
|
|
Financial Services — 6.8%
|
|
|||
|
5,356
|
Berkshire Hathaway, Inc.,
Class B (a)
|
2,124,886
|
|||
|
6,082
|
Fiserv, Inc. (a)
|
928,539
|
|||
|
1,990
|
Mastercard, Inc., Class A
|
897,888
|
|||
|
6,649
|
Visa, Inc., Class A
|
1,785,988
|
|||
|
|
|
5,737,301
|
|||
|
|
Food Products — 0.9%
|
|
|||
|
10,720
|
Mondelez International, Inc.,
Class A
|
771,197
|
|||
|
|
Gas Utilities — 1.2%
|
|
|||
|
8,376
|
Atmos Energy Corp.
|
987,530
|
|||
|
|
Ground Transportation —
1.2%
|
|
|||
|
29,824
|
CSX Corp.
|
990,753
|
|||
|
|
Health Care Equipment &
Supplies — 1.7%
|
|
|||
|
7,371
|
Abbott Laboratories
|
781,105
|
|||
|
8,843
|
Hologic, Inc. (a)
|
670,034
|
|||
|
|
|
1,451,139
|
|||
|
|
Health Care Providers &
Services — 5.1%
|
|
|||
|
6,738
|
Cencora, Inc.
|
1,610,719
|
|||
|
1,576
|
Elevance Health, Inc.
|
833,042
|
|||
|
4,700
|
Laboratory Corp. of America
Holdings
|
946,439
|
|||
|
6,484
|
Quest Diagnostics, Inc.
|
895,959
|
|||
|
|
|
4,286,159
|
|||
|
|
Hotels, Restaurants & Leisure
— 5.7%
|
|
|||
|
5,408
|
Darden Restaurants, Inc.
|
829,641
|
|||
|
2,671
|
Hilton Worldwide Holdings, Inc.
|
526,935
|
|||
|
6,739
|
McDonald’s Corp.
|
1,840,017
|
|||
|
11,194
|
Yum! Brands, Inc.
|
1,581,152
|
|||
|
|
|
4,777,745
|
|||
|
|
Household Products — 5.3%
|
|
|||
|
16,963
|
Colgate-Palmolive Co.
|
1,559,239
|
|||
|
8,877
|
Kimberly-Clark Corp.
|
1,211,977
|
|||
|
10,299
|
Procter & Gamble (The) Co.
|
1,680,796
|
|||
|
|
|
4,452,012
|
|||
|
|
Industrial Conglomerates —
1.3%
|
|
|||
|
5,715
|
Honeywell International, Inc.
|
1,101,452
|
|||
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (Continued)
|
|||||
|
|
Insurance — 6.0%
|
|
|||
|
4,149
|
Chubb Ltd.
|
$1,031,607
|
|||
|
9,853
|
Globe Life, Inc.
|
750,503
|
|||
|
21,236
|
Loews Corp.
|
1,595,885
|
|||
|
8,357
|
Marsh & McLennan Cos., Inc.
|
1,666,637
|
|||
|
|
|
5,044,632
|
|||
|
|
IT Services — 5.1%
|
|
|||
|
13,196
|
Akamai Technologies, Inc. (a)
|
1,331,872
|
|||
|
8,250
|
International Business Machines
Corp.
|
1,371,150
|
|||
|
9,470
|
VeriSign, Inc. (a)
|
1,604,976
|
|||
|
|
|
4,307,998
|
|||
|
|
Machinery — 2.2%
|
|
|||
|
3,971
|
Illinois Tool Works, Inc.
|
969,361
|
|||
|
9,915
|
Otis Worldwide Corp.
|
904,248
|
|||
|
|
|
1,873,609
|
|||
|
|
Multi-Utilities — 0.9%
|
|
|||
|
8,216
|
Consolidated Edison, Inc.
|
775,590
|
|||
|
|
Oil, Gas & Consumable Fuels
— 1.9%
|
|
|||
|
53,630
|
Kinder Morgan, Inc.
|
980,356
|
|||
|
16,831
|
Williams (The) Cos., Inc.
|
645,637
|
|||
|
|
|
1,625,993
|
|||
|
|
Pharmaceuticals — 3.4%
|
|
|||
|
12,866
|
Johnson & Johnson
|
1,860,295
|
|||
|
7,562
|
Merck & Co., Inc.
|
977,161
|
|||
|
|
|
2,837,456
|
|||
|
|
Professional Services — 2.0%
|
|
|||
|
3,997
|
Broadridge Financial Solutions,
Inc.
|
773,060
|
|||
|
4,022
|
Verisk Analytics, Inc.
|
876,635
|
|||
|
|
|
1,649,695
|
|||
|
|
Retail REITs — 0.7%
|
|
|||
|
10,334
|
Realty Income Corp.
|
553,282
|
|||
|
|
Software — 2.3%
|
|
|||
|
3,758
|
Roper Technologies, Inc.
|
1,922,067
|
|||
|
|
Specialized REITs — 0.5%
|
|
|||
|
16,087
|
VICI Properties, Inc.
|
459,284
|
|||
|
|
Specialty Retail — 4.3%
|
|
|||
|
1,555
|
Home Depot (The), Inc.
|
519,712
|
|||
|
688
|
O’Reilly Automotive, Inc. (a)
|
697,123
|
|||
|
4,298
|
Ross Stores, Inc.
|
556,806
|
|||
|
19,745
|
TJX (The) Cos., Inc.
|
1,857,807
|
|||
|
|
|
3,631,448
|
|||
|
|
Technology Hardware, Storage
& Peripherals — 2.0%
|
|
|||
|
9,672
|
Apple, Inc.
|
1,647,432
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Tobacco — 2.2%
|
|
|||
|
19,412
|
Altria Group, Inc.
|
$850,440
|
|||
|
10,267
|
Philip Morris International, Inc.
|
974,749
|
|||
|
|
|
1,825,189
|
|||
|
|
Wireless Telecommunication
Services — 2.0%
|
|
|||
|
10,086
|
T-Mobile US, Inc.
|
1,655,819
|
|||
|
|
Total Common Stocks
|
83,883,093
|
|||
|
|
(Cost $78,730,887)
|
|
|||
|
MONEY MARKET FUNDS — 0.2%
|
|||||
|
172,479
|
Dreyfus Government Cash
Management Fund,
Institutional Shares -
5.19% (b)
|
172,479
|
|||
|
|
(Cost $172,479)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 100.0%
|
84,055,572
|
|||
|
|
(Cost $78,903,366)
|
|
|||
|
|
Net Other Assets and
Liabilities — 0.0%
|
24,014
|
|||
|
|
Net Assets — 100.0%
|
$84,079,586
|
|||
|
(a)
|
Non-income producing security.
|
|
(b)
|
Rate shown reflects yield as of April 30, 2024.
|
|
Abbreviations throughout the Portfolio of Investments:
|
|
|
REITs
|
– Real Estate Investment Trusts
|
|
|
Total
Value at
4/30/2024
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Common Stocks*
|
$ 83,883,093
|
$ 83,883,093
|
$ —
|
$ —
|
|
Money Market Funds
|
172,479
|
172,479
|
—
|
—
|
|
Total Investments
|
$84,055,572
|
$84,055,572
|
$—
|
$—
|
|
*
|
See Portfolio of Investments for industry breakout.
|
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (a) (b) — 98.5%
|
|||||
|
|
Australia — 7.5%
|
|
|||
|
7,349
|
ANZ Group Holdings Ltd.
(AUD) (c)
|
$132,605
|
|||
|
3,067
|
ASX Ltd. (AUD) (c)
|
125,287
|
|||
|
71,091
|
Aurizon Holdings Ltd.
(AUD) (c)
|
174,617
|
|||
|
17,355
|
Brambles Ltd. (AUD) (c)
|
163,269
|
|||
|
20,095
|
Coles Group Ltd. (AUD) (c)
|
209,575
|
|||
|
2,836
|
Commonwealth Bank of
Australia (AUD) (c)
|
207,792
|
|||
|
9,159
|
National Australia Bank Ltd.
(AUD) (c)
|
198,544
|
|||
|
11,471
|
Orica Ltd. (AUD) (c)
|
132,819
|
|||
|
171,476
|
Telstra Group Ltd. (AUD) (c)
|
405,130
|
|||
|
7,602
|
Washington H Soul Pattinson &
Co., Ltd. (AUD) (c)
|
159,091
|
|||
|
5,195
|
Wesfarmers Ltd. (AUD) (c)
|
222,549
|
|||
|
10,316
|
Westpac Banking Corp.
(AUD) (c)
|
171,311
|
|||
|
7,695
|
Woolworths Group Ltd.
(AUD) (c)
|
157,879
|
|||
|
|
|
2,460,468
|
|||
|
|
Belgium — 1.2%
|
|
|||
|
2,783
|
Anheuser-Busch InBev S.A. /
N.V. (EUR) (c)
|
166,351
|
|||
|
3,228
|
Groupe Bruxelles Lambert N.V.
(EUR) (c)
|
239,614
|
|||
|
|
|
405,965
|
|||
|
|
Bermuda — 0.5%
|
|
|||
|
4,345
|
Jardine Matheson Holdings
Ltd. (c)
|
166,280
|
|||
|
|
Cayman Islands — 1.0%
|
|
|||
|
35,145
|
CK Asset Holdings Ltd.
(HKD) (c)
|
149,914
|
|||
|
35,653
|
CK Hutchison Holdings Ltd.
(HKD) (c)
|
173,158
|
|||
|
|
|
323,072
|
|||
|
|
Denmark — 1.1%
|
|
|||
|
997
|
Carlsberg A/S, Class B
(DKK) (c)
|
134,109
|
|||
|
11,191
|
Tryg A/S (DKK) (c)
|
221,495
|
|||
|
|
|
355,604
|
|||
|
|
France — 9.1%
|
|
|||
|
730
|
Air Liquide S.A. (EUR) (c)
|
142,773
|
|||
|
5,611
|
AXA S.A. (EUR) (c)
|
193,869
|
|||
|
3,134
|
Bouygues S.A. (EUR) (c)
|
115,505
|
|||
|
3,881
|
Cie Generale des Etablissements
Michelin S.C.A. (EUR) (c)
|
149,103
|
|||
|
9,578
|
Danone S.A. (EUR) (c)
|
599,462
|
|||
|
11,211
|
Engie S.A. (EUR) (c)
|
194,630
|
|||
|
724
|
EssilorLuxottica S.A. (EUR) (c)
|
154,380
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
France (Continued)
|
|
|||
|
8,451
|
Getlink SE (EUR) (c)
|
$143,867
|
|||
|
55,116
|
Orange S.A. (EUR) (c)
|
613,458
|
|||
|
1,567
|
Publicis Groupe S.A. (EUR) (c)
|
172,914
|
|||
|
748
|
Safran S.A. (EUR) (c)
|
162,191
|
|||
|
1,338
|
Sodexo S.A. (EUR) (c)
|
116,504
|
|||
|
1,893
|
Vinci S.A. (EUR) (c)
|
221,815
|
|||
|
|
|
2,980,471
|
|||
|
|
Germany — 7.6%
|
|
|||
|
1,226
|
Allianz SE (EUR) (c)
|
347,921
|
|||
|
2,085
|
Beiersdorf AG (EUR) (c)
|
313,383
|
|||
|
2,058
|
Brenntag SE (EUR) (c)
|
164,236
|
|||
|
1,270
|
Deutsche Boerse AG (EUR) (c)
|
244,846
|
|||
|
20,185
|
Deutsche Telekom AG
(EUR) (c)
|
462,350
|
|||
|
21,815
|
E.ON SE (EUR) (c)
|
288,874
|
|||
|
657
|
Hannover Rueck SE (EUR) (c)
|
162,965
|
|||
|
1,549
|
Mercedes-Benz Group AG
(EUR) (c)
|
117,168
|
|||
|
623
|
Muenchener
Rueckversicherungs-
Gesellschaft AG in Muenchen
(EUR) (c)
|
274,001
|
|||
|
1,515
|
Talanx AG (EUR) (c)
|
113,950
|
|||
|
|
|
2,489,694
|
|||
|
|
Hong Kong — 1.7%
|
|
|||
|
58,579
|
BOC Hong Kong Holdings Ltd.
(HKD) (c)
|
179,550
|
|||
|
25,823
|
CLP Holdings Ltd. (HKD) (c)
|
203,125
|
|||
|
30,220
|
Power Assets Holdings Ltd.
(HKD) (c)
|
173,347
|
|||
|
|
|
556,022
|
|||
|
|
Ireland — 0.3%
|
|
|||
|
1,073
|
Kerry Group PLC, Class A
(EUR) (c)
|
92,341
|
|||
|
|
Israel — 0.7%
|
|
|||
|
1,425
|
Check Point Software
Technologies Ltd. (d)
|
212,924
|
|||
|
|
Italy — 3.1%
|
|
|||
|
10,051
|
Assicurazioni Generali S.p.A.
(EUR) (c)
|
245,068
|
|||
|
16,964
|
Enel S.p.A. (EUR) (c)
|
111,495
|
|||
|
9,473
|
Eni S.p.A. (EUR) (c)
|
152,153
|
|||
|
11,817
|
Infrastrutture Wireless Italiane
S.p.A. (EUR) (c) (e) (f)
|
126,642
|
|||
|
10,214
|
Poste Italiane S.p.A.
(EUR) (c) (e) (f)
|
129,750
|
|||
|
26,340
|
Snam S.p.A. (EUR) (c)
|
120,513
|
|||
|
17,453
|
Terna-Rete Elettrica Nazionale
(EUR) (c)
|
139,832
|
|||
|
|
|
1,025,453
|
|||
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (a) (b) (Continued)
|
|||||
|
|
Japan — 21.4%
|
|
|||
|
9,400
|
Aeon Co., Ltd. (JPY) (c)
|
$196,538
|
|||
|
5,600
|
AGC, Inc. (JPY) (c)
|
207,056
|
|||
|
9,300
|
ANA Holdings, Inc. (JPY) (c)
|
176,626
|
|||
|
2,500
|
Asahi Group Holdings Ltd.
(JPY) (c)
|
85,523
|
|||
|
21,100
|
Asahi Kasei Corp. (JPY) (c)
|
147,112
|
|||
|
4,700
|
Bridgestone Corp. (JPY) (c)
|
207,397
|
|||
|
6,100
|
Canon, Inc. (JPY) (c)
|
165,098
|
|||
|
7,400
|
Central Japan Railway Co.
(JPY) (c)
|
169,223
|
|||
|
1,200
|
Daito Trust Construction Co.,
Ltd. (JPY) (c)
|
128,633
|
|||
|
3,300
|
Daiwa House Industry Co., Ltd.
(JPY) (c)
|
92,858
|
|||
|
7,200
|
East Japan Railway Co.
(JPY) (c)
|
131,969
|
|||
|
4,200
|
FUJIFILM Holdings Corp.
(JPY) (c)
|
89,344
|
|||
|
3,900
|
Hankyu Hanshin Holdings, Inc.
(JPY) (c)
|
102,251
|
|||
|
1,100
|
Hirose Electric Co., Ltd.
(JPY) (c)
|
116,760
|
|||
|
11,200
|
Hulic Co., Ltd. (JPY) (c)
|
103,204
|
|||
|
8,800
|
Japan Airlines Co., Ltd.
(JPY) (c)
|
155,925
|
|||
|
11,800
|
Japan Post Holdings Co., Ltd.
(JPY) (c)
|
113,319
|
|||
|
13,100
|
Japan Tobacco, Inc. (JPY) (c)
|
352,411
|
|||
|
3,800
|
Kao Corp. (JPY) (c)
|
156,759
|
|||
|
6,700
|
KDDI Corp. (JPY) (c)
|
185,917
|
|||
|
6,400
|
Kintetsu Group Holdings Co.,
Ltd. (JPY) (c)
|
164,535
|
|||
|
28,100
|
Kirin Holdings Co., Ltd.
(JPY) (c)
|
410,192
|
|||
|
10,800
|
Kyocera Corp. (JPY) (c)
|
131,637
|
|||
|
6,600
|
McDonald’s Holdings Co., Japan
Ltd. (JPY) (c)
|
290,325
|
|||
|
6,800
|
MEIJI Holdings Co., Ltd.
(JPY) (c)
|
152,146
|
|||
|
2,800
|
NIPPON EXPRESS
HOLDINGS, Inc. (JPY) (c)
|
143,243
|
|||
|
213,800
|
Nippon Telegraph & Telephone
Corp. (JPY) (c)
|
230,832
|
|||
|
5,000
|
Ono Pharmaceutical Co., Ltd.
(JPY) (c)
|
72,017
|
|||
|
5,700
|
SCSK Corp. (JPY) (c)
|
103,621
|
|||
|
2,500
|
Secom Co., Ltd. (JPY) (c)
|
173,656
|
|||
|
16,500
|
Sekisui Chemical Co., Ltd.
(JPY) (c)
|
240,043
|
|||
|
8,200
|
Sekisui House Ltd. (JPY) (c)
|
188,439
|
|||
|
3,300
|
Shionogi & Co., Ltd. (JPY) (c)
|
154,113
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Japan (Continued)
|
|
|||
|
39,100
|
SoftBank Corp. (JPY) (c)
|
$471,612
|
|||
|
3,000
|
Suntory Beverage & Food, Ltd.
(JPY) (c)
|
97,606
|
|||
|
9,100
|
Takeda Pharmaceutical Co., Ltd.
(JPY) (c)
|
239,167
|
|||
|
4,400
|
Tobu Railway Co., Ltd.
(JPY) (c)
|
87,298
|
|||
|
3,600
|
Toho Co., Ltd. (JPY) (c)
|
120,609
|
|||
|
13,200
|
Tokyu Corp. (JPY) (c)
|
156,256
|
|||
|
16,400
|
Toray Industries, Inc. (JPY) (c)
|
74,960
|
|||
|
11,600
|
USS Co., Ltd. (JPY) (c)
|
88,616
|
|||
|
5,600
|
West Japan Railway Co.
(JPY) (c)
|
106,296
|
|||
|
|
|
6,981,142
|
|||
|
|
Netherlands — 6.4%
|
|
|||
|
1,900
|
Euronext N.V. (EUR) (c) (e) (f)
|
171,097
|
|||
|
1,458
|
EXOR N.V. (EUR) (c)
|
159,178
|
|||
|
6,095
|
Ferrovial SE (EUR) (c)
|
219,209
|
|||
|
2,322
|
Heineken Holding N.V.
(EUR) (c)
|
186,791
|
|||
|
1,725
|
Heineken N.V. (EUR) (c)
|
167,877
|
|||
|
6,591
|
Koninklijke Ahold Delhaize
N.V. (EUR) (c)
|
200,065
|
|||
|
174,032
|
Koninklijke KPN N.V.
(EUR) (c)
|
632,456
|
|||
|
4,462
|
QIAGEN N.V. (EUR) (c)
|
186,296
|
|||
|
1,212
|
Wolters Kluwer N.V. (EUR) (c)
|
181,444
|
|||
|
|
|
2,104,413
|
|||
|
|
New Zealand — 1.3%
|
|
|||
|
31,578
|
Auckland International Airport
Ltd. (NZD)
|
146,068
|
|||
|
102,583
|
Spark New Zealand Ltd. (NZD)
|
288,333
|
|||
|
|
|
434,401
|
|||
|
|
Norway — 1.0%
|
|
|||
|
22,614
|
Orkla ASA (NOK) (c)
|
153,830
|
|||
|
13,903
|
Telenor ASA (NOK)
|
160,075
|
|||
|
|
|
313,905
|
|||
|
|
Singapore — 10.5%
|
|
|||
|
24,530
|
DBS Group Holdings Ltd.
(SGD) (c)
|
624,470
|
|||
|
64,200
|
Oversea-Chinese Banking Corp.,
Ltd. (SGD) (c)
|
666,497
|
|||
|
95,000
|
Singapore Exchange Ltd.
(SGD) (c)
|
648,045
|
|||
|
140,600
|
Singapore Technologies
Engineering Ltd. (SGD) (c)
|
413,011
|
|||
|
107,200
|
Singapore Telecommunications
Ltd. (SGD) (c)
|
185,914
|
|||
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (a) (b) (Continued)
|
|||||
|
|
Singapore (Continued)
|
|
|||
|
31,400
|
United Overseas Bank Ltd.
(SGD) (c)
|
$696,791
|
|||
|
76,900
|
Wilmar International Ltd.
(SGD) (c)
|
180,759
|
|||
|
|
|
3,415,487
|
|||
|
|
Spain — 1.9%
|
|
|||
|
10,103
|
Enagas S.A. (EUR) (c)
|
148,171
|
|||
|
13,538
|
Iberdrola S.A. (EUR) (c)
|
165,997
|
|||
|
10,987
|
Redeia Corp. S.A. (EUR) (c)
|
183,413
|
|||
|
29,655
|
Telefonica S.A. (EUR) (c)
|
132,843
|
|||
|
|
|
630,424
|
|||
|
|
Sweden — 1.8%
|
|
|||
|
6,324
|
Essity AB, Class B (SEK) (c)
|
157,782
|
|||
|
3,549
|
Industrivarden AB, Class C
(SEK) (c)
|
114,100
|
|||
|
5,411
|
Investor AB, Class B (SEK) (c)
|
132,530
|
|||
|
2,282
|
L E Lundbergforetagen AB,
Class B (SEK) (c)
|
112,475
|
|||
|
36,973
|
Telia Co., AB (SEK) (c)
|
84,575
|
|||
|
|
|
601,462
|
|||
|
|
Switzerland — 9.4%
|
|
|||
|
1,453
|
Baloise Holding AG (CHF) (c)
|
219,567
|
|||
|
5,391
|
Coca-Cola HBC AG (GBP) (c)
|
174,014
|
|||
|
983
|
Helvetia Holding AG (CHF) (c)
|
128,582
|
|||
|
1,912
|
Holcim AG (CHF) (c)
|
160,049
|
|||
|
3,054
|
Nestle S.A. (CHF) (c)
|
306,622
|
|||
|
2,809
|
Novartis AG (CHF) (c)
|
272,635
|
|||
|
813
|
Roche Holding AG (CHF) (c)
|
194,807
|
|||
|
212
|
Swiss Life Holding AG
(CHF) (c)
|
143,048
|
|||
|
3,480
|
Swiss Prime Site AG (CHF) (c)
|
321,318
|
|||
|
1,401
|
Swiss Re AG (CHF) (c)
|
152,296
|
|||
|
1,156
|
Swisscom AG (CHF) (c)
|
634,190
|
|||
|
720
|
Zurich Insurance Group AG
(CHF) (c)
|
348,514
|
|||
|
|
|
3,055,642
|
|||
|
|
United Kingdom — 11.0%
|
|
|||
|
3,854
|
Admiral Group PLC (GBP) (c)
|
131,179
|
|||
|
7,649
|
Bunzl PLC (GBP) (c)
|
293,322
|
|||
|
3,519
|
Coca-Cola Europacific
Partners PLC
|
253,438
|
|||
|
14,614
|
Compass Group PLC (GBP) (c)
|
406,469
|
|||
|
10,414
|
GSK PLC (GBP) (c)
|
216,058
|
|||
|
49,781
|
Haleon PLC (GBP) (c)
|
210,242
|
|||
|
4,272
|
London Stock Exchange
Group PLC (GBP) (c)
|
470,944
|
|||
|
15,903
|
National Grid PLC (GBP) (c)
|
208,602
|
|||
|
7,366
|
RELX PLC (GBP) (c)
|
302,645
|
|||
|
10,551
|
Smiths Group PLC (GBP) (c)
|
212,707
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
United Kingdom (Continued)
|
|
|||
|
54,820
|
Tesco PLC (GBP) (c)
|
$202,399
|
|||
|
13,259
|
Unilever PLC (GBP) (c)
|
685,897
|
|||
|
|
|
3,593,902
|
|||
|
|
Total Common Stocks
|
32,199,072
|
|||
|
|
(Cost $32,202,063)
|
|
|||
|
MONEY MARKET FUNDS — 0.7%
|
|||||
|
233,293
|
Dreyfus Government Cash
Management Fund,
Institutional Shares -
5.19% (g)
|
233,293
|
|||
|
|
(Cost $233,293)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 99.2%
|
32,432,365
|
|||
|
|
(Cost $32,435,356)
|
|
|||
|
|
Net Other Assets and
Liabilities — 0.8%
|
264,727
|
|||
|
|
Net Assets — 100.0%
|
$32,697,092
|
|||
|
(a)
|
Portfolio securities are categorized based upon their country
of incorporation. For a breakdown of the portfolio securities
by sector, please see the Sector Allocation table.
|
|
(b)
|
Securities are issued in U.S. dollars unless otherwise
indicated in the security description.
|
|
(c)
|
This security is fair valued by the Advisor’s Pricing
Committee in accordance with procedures approved by the
Trust’s Board of Trustees, and in accordance with provisions
of the Investment Company Act of 1940 and rules
thereunder, as amended. At April 30, 2024, securities noted
as such are valued at $31,138,234 or 95.2% of net assets.
Certain of these securities are fair valued using a factor
provided by a third-party pricing service due to the change in
value between the foreign markets’ close and the New York
Stock Exchange close exceeding a certain threshold. On days
when this threshold is not exceeded, these securities are
typically valued at the last sale price on the exchange on
which they are principally traded.
|
|
(d)
|
Non-income producing security.
|
|
(e)
|
This security is exempt from registration upon resale under
Rule 144A of the Securities Act of 1933, as amended (the
“1933 Act”) and may be resold in transactions exempt from
registration, normally to qualified institutional buyers. This
security is not restricted on the foreign exchange where it
trades freely without any additional registration.
|
|
(f)
|
This security may be resold to qualified foreign investors and
foreign institutional buyers under Regulation S of the 1933
Act.
|
|
(g)
|
Rate shown reflects yield as of April 30, 2024.
|
|
Abbreviations throughout the Portfolio of Investments:
|
|
|
AUD
|
– Australian Dollar
|
|
CHF
|
– Swiss Franc
|
|
DKK
|
– Danish Krone
|
|
EUR
|
– Euro
|
|
GBP
|
– British Pound Sterling
|
|
HKD
|
– Hong Kong Dollar
|
|
JPY
|
– Japanese Yen
|
|
NOK
|
– Norwegian Krone
|
|
NZD
|
– New Zealand Dollar
|
|
SEK
|
– Swedish Krona
|
|
SGD
|
– Singapore Dollar
|
|
USD
|
– United States Dollar
|
|
Sector Allocation
|
% of Total
Long-Term
Investments
|
|
Financials
|
26.0%
|
|
Consumer Staples
|
18.7
|
|
Industrials
|
15.6
|
|
Communication Services
|
15.2
|
|
Consumer Discretionary
|
6.3
|
|
Utilities
|
6.0
|
|
Health Care
|
4.6
|
|
Information Technology
|
2.6
|
|
Real Estate
|
2.5
|
|
Materials
|
2.0
|
|
Energy
|
0.5
|
|
Total
|
100.0%
|
|
Currency Exposure Diversification
|
% of Total
Investments
|
|
EUR
|
30.0%
|
|
JPY
|
21.5
|
|
GBP
|
10.8
|
|
SGD
|
10.5
|
|
CHF
|
8.9
|
|
AUD
|
7.6
|
|
HKD
|
2.7
|
|
USD
|
2.7
|
|
SEK
|
1.9
|
|
NZD
|
1.3
|
|
DKK
|
1.1
|
|
NOK
|
1.0
|
|
Total
|
100.0%
|
|
|
Total
Value at
4/30/2024
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Common Stocks:
|
|
|
|
|
|
Israel
|
$ 212,924
|
$ 212,924
|
$ —
|
$ —
|
|
New Zealand
|
434,401
|
434,401
|
—
|
—
|
|
Norway
|
313,905
|
160,075
|
153,830
|
—
|
|
United Kingdom
|
3,593,902
|
253,438
|
3,340,464
|
—
|
|
Other Country
Categories*
|
27,643,940
|
—
|
27,643,940
|
—
|
|
Money Market Funds
|
233,293
|
233,293
|
—
|
—
|
|
Total Investments
|
$32,432,365
|
$1,294,131
|
$31,138,234
|
$—
|
|
*
|
See Portfolio of Investments for country breakout.
|
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS — 99.8%
|
|||||
|
|
Aerospace & Defense — 2.4%
|
|
|||
|
994
|
AAR Corp. (a)
|
$68,725
|
|||
|
954
|
BWX Technologies, Inc.
|
91,365
|
|||
|
360
|
Curtiss-Wright Corp.
|
91,231
|
|||
|
1,352
|
Hexcel Corp.
|
86,812
|
|||
|
513
|
Moog, Inc., Class A
|
81,603
|
|||
|
|
|
419,736
|
|||
|
|
Automobile Components —
1.0%
|
|
|||
|
762
|
Autoliv, Inc.
|
91,280
|
|||
|
2,655
|
Gentex Corp.
|
91,066
|
|||
|
|
|
182,346
|
|||
|
|
Banks — 1.6%
|
|
|||
|
1,569
|
Commerce Bancshares, Inc.
|
85,793
|
|||
|
6,387
|
F.N.B. Corp.
|
85,203
|
|||
|
3,349
|
Old National Bancorp
|
55,392
|
|||
|
1,097
|
Prosperity Bancshares, Inc.
|
67,981
|
|||
|
|
|
294,369
|
|||
|
|
Biotechnology — 1.7%
|
|
|||
|
4,161
|
Exelixis, Inc. (a)
|
97,617
|
|||
|
820
|
Neurocrine Biosciences, Inc. (a)
|
112,783
|
|||
|
386
|
United Therapeutics Corp. (a)
|
90,451
|
|||
|
|
|
300,851
|
|||
|
|
Building Products — 1.1%
|
|
|||
|
265
|
Carlisle Cos., Inc.
|
102,886
|
|||
|
186
|
Lennox International, Inc.
|
86,196
|
|||
|
|
|
189,082
|
|||
|
|
Capital Markets — 3.6%
|
|
|||
|
583
|
Affiliated Managers Group, Inc.
|
91,006
|
|||
|
557
|
Evercore, Inc., Class A
|
101,096
|
|||
|
2,829
|
Federated Hermes, Inc.
|
92,933
|
|||
|
2,920
|
Janus Henderson Group PLC
|
91,162
|
|||
|
2,116
|
Jefferies Financial Group, Inc.
|
91,115
|
|||
|
1,394
|
SEI Investments Co.
|
91,934
|
|||
|
1,155
|
Stifel Financial Corp.
|
92,308
|
|||
|
|
|
651,554
|
|||
|
|
Chemicals — 2.1%
|
|
|||
|
975
|
Ashland, Inc.
|
92,947
|
|||
|
666
|
Balchem Corp.
|
94,159
|
|||
|
761
|
Innospec, Inc.
|
91,320
|
|||
|
857
|
RPM International, Inc.
|
91,622
|
|||
|
|
|
370,048
|
|||
|
|
Commercial Services &
Supplies — 2.3%
|
|
|||
|
1,266
|
ABM Industries, Inc.
|
55,324
|
|||
|
475
|
Clean Harbors, Inc. (a)
|
89,989
|
|||
|
491
|
MSA Safety, Inc.
|
88,577
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Commercial Services &
Supplies (Continued)
|
|
|||
|
481
|
Tetra Tech, Inc.
|
$93,660
|
|||
|
568
|
UniFirst Corp.
|
90,954
|
|||
|
|
|
418,504
|
|||
|
|
Construction & Engineering
— 1.6%
|
|
|||
|
985
|
AECOM
|
90,975
|
|||
|
289
|
EMCOR Group, Inc.
|
103,222
|
|||
|
3,720
|
MDU Resources Group, Inc.
|
91,884
|
|||
|
|
|
286,081
|
|||
|
|
Construction Materials —
0.6%
|
|
|||
|
442
|
Eagle Materials, Inc.
|
110,814
|
|||
|
|
Consumer Finance — 0.5%
|
|
|||
|
802
|
FirstCash Holdings, Inc.
|
90,610
|
|||
|
|
Consumer Staples Distribution
& Retail — 3.0%
|
|
|||
|
1,366
|
BJ’s Wholesale Club Holdings,
Inc. (a)
|
102,013
|
|||
|
287
|
Casey’s General Stores, Inc.
|
91,720
|
|||
|
2,908
|
Grocery Outlet Holding
Corp. (a)
|
75,521
|
|||
|
1,343
|
Performance Food Group Co. (a)
|
91,163
|
|||
|
1,214
|
Sprouts Farmers Market, Inc. (a)
|
80,160
|
|||
|
1,793
|
US Foods Holding Corp. (a)
|
90,098
|
|||
|
|
|
530,675
|
|||
|
|
Containers & Packaging —
2.0%
|
|
|||
|
631
|
AptarGroup, Inc.
|
91,104
|
|||
|
3,329
|
Graphic Packaging Holding Co.
|
86,055
|
|||
|
1,948
|
Silgan Holdings, Inc.
|
90,894
|
|||
|
1,612
|
Sonoco Products Co.
|
90,352
|
|||
|
|
|
358,405
|
|||
|
|
Diversified Consumer Services
— 1.5%
|
|
|||
|
700
|
Grand Canyon Education,
Inc. (a)
|
91,014
|
|||
|
1,960
|
H&R Block, Inc.
|
92,571
|
|||
|
1,275
|
Service Corp. International
|
91,430
|
|||
|
|
|
275,015
|
|||
|
|
Diversified REITs — 1.0%
|
|
|||
|
3,519
|
Essential Properties Realty Trust,
Inc.
|
92,690
|
|||
|
1,659
|
WP Carey, Inc.
|
90,980
|
|||
|
|
|
183,670
|
|||
|
|
Diversified Telecommunication
Services — 0.3%
|
|
|||
|
849
|
Cogent Communications
Holdings, Inc.
|
54,489
|
|||
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (Continued)
|
|||||
|
|
Electric Utilities — 2.6%
|
|
|||
|
1,554
|
ALLETE, Inc.
|
$92,028
|
|||
|
976
|
IDACORP, Inc.
|
92,505
|
|||
|
2,686
|
OGE Energy Corp.
|
93,070
|
|||
|
2,516
|
PNM Resources, Inc.
|
93,243
|
|||
|
2,134
|
Portland General Electric Co.
|
92,253
|
|||
|
|
|
463,099
|
|||
|
|
Electrical Equipment — 0.5%
|
|
|||
|
1,275
|
nVent Electric PLC
|
91,889
|
|||
|
|
Electronic Equipment,
Instruments & Components
— 3.7%
|
|
|||
|
718
|
Arrow Electronics, Inc. (a)
|
91,667
|
|||
|
1,842
|
Avnet, Inc.
|
90,019
|
|||
|
503
|
Insight Enterprises, Inc. (a)
|
91,833
|
|||
|
441
|
Littelfuse, Inc.
|
101,712
|
|||
|
1,013
|
Plexus Corp. (a)
|
102,323
|
|||
|
779
|
TD SYNNEX Corp.
|
91,797
|
|||
|
2,232
|
Vontier Corp.
|
90,686
|
|||
|
|
|
660,037
|
|||
|
|
Entertainment — 0.5%
|
|
|||
|
489
|
Madison Square Garden Sports
Corp. (a)
|
90,915
|
|||
|
|
Financial Services — 4.1%
|
|
|||
|
1,717
|
Essent Group Ltd.
|
90,950
|
|||
|
2,308
|
EVERTEC, Inc.
|
86,619
|
|||
|
4,478
|
MGIC Investment Corp.
|
90,814
|
|||
|
1,173
|
Mr. Cooper Group, Inc. (a)
|
90,556
|
|||
|
2,964
|
NMI Holdings, Inc., Class A (a)
|
91,469
|
|||
|
3,037
|
Radian Group, Inc.
|
90,715
|
|||
|
1,339
|
Voya Financial, Inc.
|
91,266
|
|||
|
8,017
|
Western Union (The) Co.
|
107,748
|
|||
|
|
|
740,137
|
|||
|
|
Food Products — 2.7%
|
|
|||
|
3,726
|
Flowers Foods, Inc.
|
92,926
|
|||
|
811
|
Ingredion, Inc.
|
92,933
|
|||
|
673
|
J & J Snack Foods Corp.
|
92,396
|
|||
|
554
|
Lancaster Colony Corp.
|
105,709
|
|||
|
867
|
Post Holdings, Inc. (a)
|
92,032
|
|||
|
|
|
475,996
|
|||
|
|
Gas Utilities — 3.3%
|
|
|||
|
1,081
|
Chesapeake Utilities Corp.
|
114,445
|
|||
|
1,727
|
National Fuel Gas Co.
|
91,704
|
|||
|
2,133
|
New Jersey Resources Corp.
|
93,191
|
|||
|
1,436
|
ONE Gas, Inc.
|
92,651
|
|||
|
1,483
|
Southwest Gas Holdings, Inc.
|
110,661
|
|||
|
1,503
|
Spire, Inc.
|
92,870
|
|||
|
|
|
595,522
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Ground Transportation —
1.9%
|
|
|||
|
1,826
|
Knight-Swift Transportation
Holdings, Inc.
|
$84,416
|
|||
|
521
|
Landstar System, Inc.
|
90,868
|
|||
|
652
|
Ryder System, Inc.
|
79,446
|
|||
|
2,666
|
Werner Enterprises, Inc.
|
91,177
|
|||
|
|
|
345,907
|
|||
|
|
Health Care Equipment &
Supplies — 1.0%
|
|
|||
|
1,556
|
Enovis Corp. (a)
|
85,938
|
|||
|
1,797
|
Globus Medical, Inc.,
Class A (a)
|
89,473
|
|||
|
|
|
175,411
|
|||
|
|
Health Care Providers &
Services — 2.4%
|
|
|||
|
1,396
|
Acadia Healthcare Co., Inc. (a)
|
103,220
|
|||
|
164
|
Chemed Corp.
|
93,152
|
|||
|
1,105
|
Encompass Health Corp.
|
92,135
|
|||
|
784
|
Ensign Group (The), Inc.
|
92,794
|
|||
|
2,152
|
Patterson Cos., Inc.
|
54,812
|
|||
|
|
|
436,113
|
|||
|
|
Health Care REITs — 1.9%
|
|
|||
|
3,757
|
CareTrust REIT, Inc.
|
92,873
|
|||
|
3,930
|
Healthcare Realty Trust, Inc.
|
55,924
|
|||
|
3,003
|
Omega Healthcare Investors, Inc.
|
91,321
|
|||
|
6,526
|
Sabra Health Care REIT, Inc.
|
90,842
|
|||
|
|
|
330,960
|
|||
|
|
Hotels, Restaurants & Leisure
— 3.9%
|
|
|||
|
776
|
Choice Hotels International, Inc.
|
91,770
|
|||
|
628
|
Churchill Downs, Inc.
|
81,012
|
|||
|
1,342
|
Monarch Casino & Resort, Inc.
|
90,947
|
|||
|
891
|
Papa John’s International, Inc.
|
54,966
|
|||
|
579
|
Texas Roadhouse, Inc.
|
93,091
|
|||
|
567
|
Vail Resorts, Inc.
|
107,373
|
|||
|
4,620
|
Wendy’s (The) Co.
|
92,354
|
|||
|
1,247
|
Wyndham Hotels & Resorts, Inc.
|
91,667
|
|||
|
|
|
703,180
|
|||
|
|
Household Durables — 0.3%
|
|
|||
|
3,072
|
Leggett & Platt, Inc.
|
55,511
|
|||
|
|
Household Products — 0.4%
|
|
|||
|
2,609
|
Energizer Holdings, Inc.
|
74,930
|
|||
|
|
Independent Power and
Renewable Electricity
Producers — 0.3%
|
|
|||
|
872
|
Ormat Technologies, Inc.
|
55,660
|
|||
|
|
Industrial REITs — 2.7%
|
|
|||
|
585
|
EastGroup Properties, Inc.
|
90,886
|
|||
|
2,003
|
First Industrial Realty Trust, Inc.
|
90,976
|
|||
|
13,904
|
LXP Industrial Trust
|
116,098
|
|||
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (Continued)
|
|||||
|
|
Industrial REITs (Continued)
|
|
|||
|
2,027
|
Rexford Industrial Realty, Inc.
|
$86,776
|
|||
|
2,674
|
STAG Industrial, Inc.
|
91,959
|
|||
|
|
|
476,695
|
|||
|
|
Insurance — 6.2%
|
|
|||
|
723
|
American Financial Group, Inc.
|
92,364
|
|||
|
1,178
|
Assured Guaranty Ltd.
|
90,353
|
|||
|
3,431
|
CNO Financial Group, Inc.
|
90,338
|
|||
|
1,824
|
Fidelity National Financial, Inc.
|
90,288
|
|||
|
1,909
|
First American Financial Corp.
|
102,265
|
|||
|
710
|
Hanover Insurance Group (The),
Inc.
|
92,172
|
|||
|
3,106
|
Old Republic International Corp.
|
92,745
|
|||
|
427
|
Primerica, Inc.
|
90,464
|
|||
|
488
|
Reinsurance Group of America,
Inc.
|
91,251
|
|||
|
384
|
RenaissanceRe Holdings Ltd.
|
84,192
|
|||
|
650
|
RLI Corp.
|
91,878
|
|||
|
914
|
Selective Insurance Group, Inc.
|
92,908
|
|||
|
|
|
1,101,218
|
|||
|
|
Leisure Products — 0.6%
|
|
|||
|
5,569
|
Mattel, Inc. (a)
|
102,024
|
|||
|
|
Machinery — 6.8%
|
|
|||
|
914
|
AGCO Corp.
|
104,370
|
|||
|
1,152
|
Albany International Corp.,
Class A
|
91,872
|
|||
|
1,268
|
Donaldson Co., Inc.
|
91,550
|
|||
|
1,094
|
Federal Signal Corp.
|
88,942
|
|||
|
1,966
|
Flowserve Corp.
|
92,716
|
|||
|
897
|
Franklin Electric Co., Inc.
|
86,354
|
|||
|
1,126
|
Graco, Inc.
|
90,305
|
|||
|
699
|
ITT, Inc.
|
90,409
|
|||
|
413
|
Lincoln Electric Holdings, Inc.
|
90,666
|
|||
|
709
|
Middleby (The) Corp. (a)
|
98,530
|
|||
|
793
|
Oshkosh Corp.
|
89,030
|
|||
|
878
|
Tennant Co.
|
102,269
|
|||
|
461
|
Watts Water Technologies, Inc.,
Class A
|
91,490
|
|||
|
|
|
1,208,503
|
|||
|
|
Marine Transportation —
0.5%
|
|
|||
|
842
|
Kirby Corp. (a)
|
91,887
|
|||
|
|
Media — 0.5%
|
|
|||
|
2,118
|
New York Times (The) Co.,
Class A
|
91,138
|
|||
|
|
Metals & Mining — 0.9%
|
|
|||
|
315
|
Reliance, Inc.
|
89,687
|
|||
|
602
|
Royal Gold, Inc.
|
72,318
|
|||
|
|
|
162,005
|
|||
|
Shares
|
Description
|
Value
|
|||
|
|
|||||
|
|
Mortgage REITs — 0.8%
|
|
|||
|
3,008
|
ARMOUR Residential REIT,
Inc.
|
$54,656
|
|||
|
8,005
|
Ellington Financial, Inc.
|
91,577
|
|||
|
|
|
146,233
|
|||
|
|
Multi-Utilities — 1.6%
|
|
|||
|
2,579
|
Avista Corp.
|
92,793
|
|||
|
1,691
|
Black Hills Corp.
|
92,836
|
|||
|
1,830
|
Northwestern Energy Group,
Inc.
|
92,305
|
|||
|
|
|
277,934
|
|||
|
|
Office REITs — 0.5%
|
|
|||
|
3,887
|
COPT Defense Properties
|
93,171
|
|||
|
|
Oil, Gas & Consumable Fuels
— 1.0%
|
|
|||
|
6,522
|
Antero Midstream Corp.
|
90,265
|
|||
|
1,456
|
DT Midstream, Inc.
|
90,563
|
|||
|
|
|
180,828
|
|||
|
|
Personal Care Products —
0.5%
|
|
|||
|
2,470
|
Edgewell Personal Care Co.
|
92,921
|
|||
|
|
Pharmaceuticals — 1.5%
|
|
|||
|
6,000
|
Innoviva, Inc. (a)
|
90,660
|
|||
|
711
|
Jazz Pharmaceuticals PLC (a)
|
78,743
|
|||
|
1,299
|
Prestige Consumer Healthcare,
Inc. (a)
|
93,216
|
|||
|
|
|
262,619
|
|||
|
|
Professional Services — 4.7%
|
|
|||
|
228
|
CACI International, Inc.,
Class A (a)
|
91,708
|
|||
|
599
|
Exponent, Inc.
|
55,054
|
|||
|
263
|
FTI Consulting, Inc. (a)
|
56,237
|
|||
|
2,966
|
Genpact Ltd.
|
91,175
|
|||
|
1,403
|
KBR, Inc.
|
91,111
|
|||
|
1,503
|
Korn Ferry
|
91,262
|
|||
|
1,212
|
ManpowerGroup, Inc.
|
91,445
|
|||
|
1,145
|
Maximus, Inc.
|
91,921
|
|||
|
707
|
Science Applications
International Corp.
|
90,991
|
|||
|
3,787
|
Verra Mobility Corp. (a)
|
89,298
|
|||
|
|
|
840,202
|
|||
|
|
Residential REITs — 1.3%
|
|
|||
|
2,557
|
American Homes 4 Rent,
Class A
|
91,540
|
|||
|
1,520
|
Equity LifeStyle Properties, Inc.
|
91,641
|
|||
|
3,522
|
Independence Realty Trust, Inc.
|
55,542
|
|||
|
|
|
238,723
|
|||
|
|
Retail REITs — 2.6%
|
|
|||
|
1,600
|
Agree Realty Corp.
|
91,552
|
|||
|
4,224
|
Brixmor Property Group, Inc.
|
93,351
|
|||
|
2,279
|
NNN REIT, Inc.
|
92,368
|
|||
|
Shares
|
Description
|
Value
|
|||
|
COMMON STOCKS (Continued)
|
|||||
|
|
Retail REITs (Continued)
|
|
|||
|
2,843
|
Phillips Edison & Co., Inc.
|
$92,966
|
|||
|
6,975
|
Retail Opportunity Investments
Corp.
|
85,583
|
|||
|
|
|
455,820
|
|||
|
|
Semiconductors &
Semiconductor Equipment
— 0.3%
|
|
|||
|
618
|
Cirrus Logic, Inc. (a)
|
54,736
|
|||
|
|
Software — 2.4%
|
|
|||
|
714
|
Blackbaud, Inc. (a)
|
55,635
|
|||
|
933
|
CommVault Systems, Inc. (a)
|
95,604
|
|||
|
1,162
|
Dolby Laboratories, Inc.,
Class A
|
90,241
|
|||
|
1,040
|
InterDigital, Inc.
|
102,679
|
|||
|
1,836
|
Progress Software Corp.
|
91,470
|
|||
|
|
|
435,629
|
|||
|
|
Specialized REITs — 4.0%
|
|
|||
|
2,827
|
CubeSmart
|
114,324
|
|||
|
2,248
|
EPR Properties
|
91,246
|
|||
|
3,891
|
Four Corners Property Trust, Inc.
|
91,244
|
|||
|
2,160
|
Gaming and Leisure Properties,
Inc.
|
92,297
|
|||
|
723
|
Lamar Advertising Co., Class A
|
83,759
|
|||
|
1,716
|
National Storage Affiliates Trust
|
60,129
|
|||
|
2,262
|
PotlatchDeltic Corp.
|
90,503
|
|||
|
3,078
|
Rayonier, Inc.
|
91,293
|
|||
|
|
|
714,795
|
|||
|
|
Specialty Retail — 1.0%
|
|
|||
|
217
|
Murphy USA, Inc.
|
89,799
|
|||
|
2,160
|
Valvoline, Inc. (a)
|
91,843
|
|||
|
|
|
181,642
|
|||
|
|
Textiles, Apparel & Luxury
Goods — 1.0%
|
|
|||
|
1,321
|
Carter’s, Inc.
|
90,370
|
|||
|
1,180
|
Columbia Sportswear Co.
|
93,963
|
|||
|
|
|
184,333
|
|||
|
|
Trading Companies &
Distributors — 1.0%
|
|
|||
|
733
|
GATX Corp.
|
89,690
|
|||
|
993
|
MSC Industrial Direct Co., Inc.,
Class A
|
90,601
|
|||
|
|
|
180,291
|
|||
|
|
Water Utilities — 1.6%
|
|
|||
|
1,316
|
American States Water Co.
|
93,225
|
|||
|
1,923
|
California Water Service Group
|
94,458
|
|||
|
2,540
|
Essential Utilities, Inc.
|
92,913
|
|||
|
|
|
280,596
|
|||
|
|
Total Common Stocks
|
17,865,459
|
|||
|
|
(Cost $16,573,783)
|
|
|||
|
Shares
|
Description
|
Value
|
|||
|
MONEY MARKET FUNDS — 0.5%
|
|||||
|
93,264
|
Dreyfus Government Cash
Management Fund,
Institutional Shares -
5.19% (b)
|
$93,264
|
|||
|
|
(Cost $93,264)
|
|
|||
|
|
|||||
|
|
|||||
|
|
Total Investments — 100.3%
|
17,958,723
|
|||
|
|
(Cost $16,667,047)
|
|
|||
|
|
Net Other Assets and
Liabilities — (0.3)%
|
(50,441
)
|
|||
|
|
Net Assets — 100.0%
|
$17,908,282
|
|||
|
(a)
|
Non-income producing security.
|
|
(b)
|
Rate shown reflects yield as of April 30, 2024.
|
|
Abbreviations throughout the Portfolio of Investments:
|
|
|
REITs
|
– Real Estate Investment Trusts
|
|
|
Total
Value at
4/30/2024
|
Level 1
Quoted
Prices
|
Level 2
Significant
Observable
Inputs
|
Level 3
Significant
Unobservable
Inputs
|
|
Common Stocks*
|
$ 17,865,459
|
$ 17,865,459
|
$ —
|
$ —
|
|
Money Market Funds
|
93,264
|
93,264
|
—
|
—
|
|
Total Investments
|
$17,958,723
|
$17,958,723
|
$—
|
$—
|
|
*
|
See Portfolio of Investments for industry breakout.
|