Schedule of Investments
COMMON STOCK — 99.1% |
||||||||
Number of |
Value |
|||||||
AUSTRALIA — 1.6% |
||||||||
Aurizon Holdings Ltd |
5,012,820 | $ | 12,828,693 | |||||
Total Australia |
12,828,693 | |||||||
FINLAND — 0.4% |
||||||||
UPM-Kymmene |
93,831 | 3,105,347 | ||||||
Total Finland |
3,105,347 | |||||||
FRANCE — 9.0% |
||||||||
Bouygues SA |
392,893 | 14,069,846 | ||||||
Cie de Saint-Gobain SA |
178,850 | 12,089,827 | ||||||
Kering SA |
39,333 | 22,644,045 | ||||||
Sanofi SA |
205,438 | 21,930,704 | ||||||
Total France |
70,734,422 | |||||||
GERMANY — 8.4% |
||||||||
Allianz SE |
91,376 | 21,841,828 | ||||||
Continental AG |
165,859 | 13,243,189 | ||||||
Evonik Industries AG |
909,897 | 18,818,211 | ||||||
HeidelbergCement AG |
154,679 | 12,534,186 | ||||||
Total Germany |
66,437,414 | |||||||
HONG KONG — 5.6% |
||||||||
CK Hutchison Holdings Ltd |
3,429,000 | 21,148,482 | ||||||
Jardine Matheson Holdings Ltd |
264,015 | 13,044,205 | ||||||
WH Group Ltd |
18,999,139 | 10,280,471 | ||||||
Total Hong Kong |
44,473,158 | |||||||
ITALY — 7.3% |
||||||||
Enel SpA |
3,785,490 | 26,105,105 | ||||||
Eni SpA |
764,834 | 11,675,597 | ||||||
Snam SpA |
3,708,106 | 19,496,606 | ||||||
Total Italy |
57,277,308 | |||||||
JAPAN — 28.1% |
||||||||
FUJIFILM Holdings Corp |
301,600 | 17,483,536 |
COMMON STOCK — continued |
||||||||
|
Number of |
Value |
||||||
JAPAN (continued) |
||||||||
Fujitsu Ltd |
172,500 | $ | 22,292,289 | |||||
Hitachi Ltd |
197,200 | 12,888,382 | ||||||
Honda Motor Co Ltd |
614,400 | 19,490,298 | ||||||
Kao Corp |
155,900 | 5,919,740 | ||||||
Kyocera Corp |
246,700 | 13,255,367 | ||||||
MINEBEA MITSUMI |
308,100 | 5,691,398 | ||||||
Mitsubishi Electric Corp |
668,500 | 9,637,602 | ||||||
Nippon Telegraph & Telephone Corp |
9,045,000 | 10,356,943 | ||||||
Secom Co Ltd |
192,200 | 12,879,082 | ||||||
Sekisui Chemical Co Ltd |
834,100 | 12,658,222 | ||||||
Sony Corp Group |
264,200 | 24,727,255 | ||||||
Sumitomo Metal Mining |
277,300 | 9,578,267 | ||||||
Takeda Pharmaceutical Co Ltd |
607,800 | 18,546,092 | ||||||
Tokio Marine Holdings Inc |
415,256 | 9,512,665 | ||||||
Toyota Industries Corp |
234,400 | 16,904,678 | ||||||
Total Japan |
221,821,816 | |||||||
NETHERLANDS — 3.0% |
||||||||
Koninklijke Philips NV * |
1,125,334 | 23,395,069 | ||||||
Total Netherlands |
23,395,069 | |||||||
SINGAPORE — 4.2% |
||||||||
Singapore Telecommunications Ltd |
4,710,802 | 9,423,376 | ||||||
United Overseas Bank Ltd |
1,038,940 | 23,517,273 | ||||||
Total Singapore |
32,940,649 | |||||||
SPAIN — 3.3% |
||||||||
Banco Santander SA |
6,531,335 | 26,452,086 | ||||||
Total Spain |
26,452,086 | |||||||
SWEDEN — 0.9% |
||||||||
Telia Co AB |
3,482,970 | 7,487,803 | ||||||
Total Sweden |
7,487,803 | |||||||
COMMON STOCK — continued |
||||||||
|
Number of |
Value |
||||||
SWITZERLAND — 3.1% |
||||||||
Novartis AG |
234,583 | $ | 24,497,992 | |||||
Total Switzerland |
24,497,992 | |||||||
TAIWAN — 0.9% |
||||||||
Taiwan Semiconductor Manufacturing Co Ltd |
379,000 | 6,813,835 | ||||||
Total Taiwan |
6,813,835 | |||||||
UNITED KINGDOM — 23.3% |
||||||||
Associated British Foods PLC |
624,128 | 16,419,995 | ||||||
BP PLC |
2,919,971 | 18,099,690 | ||||||
GSK PLC |
1,200,818 | 21,337,670 | ||||||
Imperial Brands PLC |
947,810 | 22,375,181 | ||||||
Kingfisher PLC |
4,671,822 | 14,731,159 | ||||||
Lloyds Banking Group PLC |
39,833,773 | 22,971,094 | ||||||
Shell PLC |
645,738 | 19,607,245 | ||||||
SSE PLC |
556,829 | 12,044,703 | ||||||
Tesco PLC |
5,392,507 | 17,854,838 | ||||||
WPP PLC |
1,677,266 | 18,330,870 | ||||||
Total United Kingdom |
183,772,445 | |||||||
Total Common Stock |
||||||||
(Cost $751,505,677) |
782,038,037 | |||||||
Total Value of Securities — 99.1% |
||||||||
(Cost $751,505,677) |
$ | 782,038,037 |
Percentages are based on Net Assets of $789,188,368.
* |
Non-income producing security. |
Ltd — Limited |
PLC — Public Limited Company |
MON-QH-001-1500
Schedule of Investments
COMMON STOCK — 92.1% |
||||||||
Number of |
Value |
|||||||
BRAZIL — 8.5% |
||||||||
Hypera SA * |
21,700 | $ | 198,105 | |||||
Itau Unibanco Holding SA Sponsored ADR * |
29,198 | 175,480 | ||||||
Petroleo Brasileiro ADR |
33,847 | 496,874 | ||||||
Suzano SA |
47,700 | 484,994 | ||||||
Vale Sponsored ADR Class B |
28,353 | 414,804 | ||||||
Total Brazil |
1,770,257 | |||||||
CANADA — 1.7% |
||||||||
Barrick Gold Corp US |
20,400 | 352,716 | ||||||
Total Canada |
352,716 | |||||||
CHILE — 1.0% |
||||||||
Sociedad Quimica y Minera de Chile Sponsored ADR |
2,933 | 216,133 | ||||||
Total Chile |
216,133 | |||||||
CHINA — 32.3% |
||||||||
Alibaba Group Holding Ltd * |
95,784 | 1,197,469 | ||||||
Autohome Inc Sponsored ADR |
12,269 | 392,240 | ||||||
Baidu Inc Sponsored ADR * |
2,254 | 351,602 | ||||||
China Medical System Holdings Ltd |
159,000 | 267,076 | ||||||
China Merchants Bank Class A |
102,700 | 511,003 | ||||||
China Yangtze Power Class A |
71,900 | 215,899 | ||||||
CSPC Pharmaceutical Group Ltd |
441,520 | 367,419 | ||||||
Gree Electric Appliances Inc Class A |
73,496 | 398,602 | ||||||
Jiangsu Yanghe Brewery Joint-Stock Co Ltd Class A |
14,012 | 287,504 | ||||||
LONGi Green Energy Technology Class A |
75,300 | 314,507 | ||||||
Midea Group Co Ltd Class A |
49,003 | 406,738 | ||||||
NetEase Inc |
10,586 | 230,074 | ||||||
Ping An Insurance Group Co of China Ltd Class H |
107,000 | 771,743 | ||||||
Tencent Holdings Ltd |
4,500 | 204,490 | ||||||
Tingyi Cayman Islands Holding Corp Class H |
148,000 | 228,483 | ||||||
Wuliangye Yibin Class A |
12,500 | 316,578 | ||||||
Xinyi Solar Holdings Ltd |
262,000 | 282,194 | ||||||
Total China |
6,743,621 | |||||||
COMMON STOCK — continued |
||||||||
|
Number of |
Value |
||||||
HONG KONG — 1.4% |
||||||||
WH Group Ltd |
535,228 | $ | 289,613 | |||||
Total Hong Kong |
289,613 | |||||||
INDIA — 10.7% |
||||||||
Axis Bank Inc |
36,645 | 424,999 | ||||||
HCL Technologies Ltd |
16,150 | 219,270 | ||||||
HDFC Bank |
38,798 | 778,895 | ||||||
Infosys Ltd Sponsored ADR |
13,765 | 229,325 | ||||||
Jio Financial Services Ltd |
7,528 | 23,966 | ||||||
Power Grid Corp of India Ltd |
98,810 | 319,621 | ||||||
Reliance Industries Ltd |
7,528 | 233,326 | ||||||
Total India |
2,229,402 | |||||||
INDONESIA — 2.5% |
||||||||
Bank Rakyat Indonesia Persero Tbk PT |
1,392,839 | 521,853 | ||||||
Total Indonesia |
521,853 | |||||||
MEXICO — 1.7% |
||||||||
Grupo Financiero Banorte SAB de CV Sponsored Class O |
37,135 | 352,123 | ||||||
Total Mexico |
352,123 | |||||||
PERU — 2.6% |
||||||||
Credicorp Ltd |
3,449 | 541,665 | ||||||
Total Peru |
541,665 | |||||||
RUSSIA — 0.0% |
||||||||
LUKOIL PJSC Sponsored ADR * |
6,040 | 6 | ||||||
Total Russia |
6 | |||||||
SAUDI ARABIA — 1.6% |
||||||||
Saudi National Bank |
32,253 | 331,417 | ||||||
Total Saudi Arabia |
331,417 | |||||||
SOUTH KOREA — 8.8% |
||||||||
KT |
3,295 | 76,258 | ||||||
LG Chem Ltd |
416 | 211,484 |
COMMON STOCK — continued |
||||||||
|
Number of |
Value |
||||||
SOUTH KOREA (continued) |
||||||||
Samsung Electronics Co Ltd |
7,268 | $ | 397,997 | |||||
Samsung Fire & Marine Insurance Co Ltd |
1,793 | 343,225 | ||||||
Shinhan Financial Group Co Ltd |
13,524 | 371,879 | ||||||
SK Hynix Inc |
4,390 | 425,000 | ||||||
Total South Korea |
1,825,843 | |||||||
TAIWAN — 14.2% |
||||||||
CTBC Financial Holding Co Ltd |
327,000 | 273,137 | ||||||
Delta Electronics Inc |
9,000 | 104,673 | ||||||
Hon Hai Precision Industry Co Ltd |
152,000 | 524,780 | ||||||
MediaTek Inc |
19,000 | 417,164 | ||||||
Taiwan Semiconductor Manufacturing Co Ltd |
91,000 | 1,636,040 | ||||||
Total Taiwan |
2,955,794 | |||||||
UNITED ARAB EMIRATES — 0.6% |
||||||||
Adnoc Gas * |
136,671 | 128,749 | ||||||
Total United Arab Emirates |
128,749 | |||||||
UNITED KINGDOM — 3.8% |
||||||||
Mondi PLC |
18,912 | 331,417 | ||||||
Unilever PLC |
8,572 | 461,022 | ||||||
Total United Kingdom |
792,439 | |||||||
UNITED STATES — 0.7% |
||||||||
KT ADR |
11,837 | 138,848 | ||||||
Total United States |
138,848 | |||||||
Total Common Stock |
||||||||
(Cost $18,471,411) |
19,190,479 | |||||||
PREFERRED STOCK — 6.5% |
||||||||
BRAZIL — 1.1% |
||||||||
Itausa SA Pref^ * |
116,618 | 242,176 | ||||||
PREFERRED STOCK — continued |
||||||||
|
Number of |
Value |
||||||
SOUTH KOREA — 5.4% |
||||||||
LG Chem Ltd Pref^ |
750 | 230,946 | ||||||
Samsung Electronics Co Ltd^ |
19,729 | 888,435 | ||||||
1,119,381 | ||||||||
Total Preferred Stock |
||||||||
(Cost $1,194,400) |
1,361,557 | |||||||
Total Value of Securities — 98.6% |
||||||||
(Cost $19,665,811) |
$ | 20,552,036 | ||||||
Percentages are based on Net Assets of $20,847,054.
* |
Non-income producing security. |
^ |
There is currently no rate available. |
ADR — American Depositary Receipt |
Ltd — Limited |
PLC — Public Limited Company |
MON-QH-001-1500
Schedule of Investments
COMMON STOCK — 98.0% |
||||||||
Number of |
Value |
|||||||
AUSTRALIA — 4.4% |
||||||||
Aurizon Holdings Ltd |
30,734 | $ | 78,654 | |||||
Total Australia |
78,654 | |||||||
CANADA — 7.3% |
||||||||
Enbridge Inc |
1,837 | 67,537 | ||||||
TC Energy |
1,777 | 63,687 | ||||||
Total Canada |
131,224 | |||||||
CHILE — 3.9% |
||||||||
Enel Americas SA * |
526,148 | 71,119 | ||||||
Total Chile |
71,119 | |||||||
CHINA — 6.7% |
||||||||
Guangdong Investment Ltd |
68,000 | 58,767 | ||||||
Jiangsu Expressway Co Ltd Class H |
68,000 | 62,168 | ||||||
Total China |
120,935 | |||||||
FRANCE — 11.0% |
||||||||
Eiffage SA |
735 | 76,466 | ||||||
Rubis SCA |
2,621 | 64,610 | ||||||
Veolia Environnement SA |
1,783 | 58,028 | ||||||
Total France |
199,104 | |||||||
ITALY — 11.7% |
||||||||
Enav |
16,393 | 70,367 | ||||||
Enel SpA |
11,002 | 75,871 | ||||||
Snam SpA |
12,400 | 65,197 | ||||||
Total Italy |
211,435 | |||||||
MALAYSIA — 3.5% |
||||||||
Westports Holdings |
82,400 | 63,961 | ||||||
Total Malaysia |
63,961 | |||||||
MEXICO — 6.7% |
||||||||
Aeroportuario Centro Norte SAB de CV Class B |
4,412 | 49,735 |
COMMON STOCK — continued |
||||||||
|
Number of |
Value |
||||||
MEXICO (continued) |
||||||||
Promotora y Operadora de Infraestructura SAB de CV |
6,928 | $ | 72,064 | |||||
Total Mexico |
121,799 | |||||||
PORTUGAL — 3.8% |
||||||||
EDP - Energias de Portugal SA |
14,678 | 68,589 | ||||||
Total Portugal |
68,589 | |||||||
SPAIN — 11.4% |
||||||||
Cellnex Telecom * |
1,598 | 65,256 | ||||||
Iberdrola SA |
6,278 | 78,380 | ||||||
Red Electrica Corp SA |
3,741 | 62,542 | ||||||
Total Spain |
206,178 | |||||||
UNITED KINGDOM — 3.3% |
||||||||
SSE PLC |
2,723 | 58,901 | ||||||
Total United Kingdom |
58,901 | |||||||
UNITED STATES — 24.3% |
||||||||
American Tower REIT |
386 | 73,460 | ||||||
CSX Corp |
2,097 | 69,872 | ||||||
Edison International |
984 | 70,808 | ||||||
Eversource Energy | 979 | 70,811 | ||||||
HCA Healthcare Inc | 284 | 77,478 | ||||||
Norfolk Southern | 327 | 76,384 | ||||||
Total United States |
438,813 | |||||||
Total Common Stock |
||||||||
(Cost $1,735,711) |
1,770,712 |
RIGHTS — 0.1% |
||||||||
Number of Rights |
Value |
|||||||
Iberdrola * (A)(B) |
6,278 | $ | 2,114 | |||||
Total Rights |
||||||||
(Cost $–) |
2,114 | |||||||
Total Value of Securities — 98.1% |
||||||||
(Cost $1,735,711) |
$ | 1,772,826 | ||||||
Percentages are based on Net Assets of $1,807,251.
* |
Non-income producing security. |
(A) |
Expiration date is unavailable. |
(B) |
Strike price is unavailable. |
Ltd — Limited |
PLC — Public Limited Company |
REIT — Real Estate Investment Trust |
MON-QH-001-1500
Schedule of Investments
COMMON STOCK — 97.2% |
||||||||
Number of |
Value |
|||||||
AUSTRALIA — 1.3% |
||||||||
Aurizon Holdings Ltd |
819,037 | $ | 2,096,060 | |||||
Total Australia |
2,096,060 | |||||||
BRAZIL — 1.1% |
||||||||
Hypera SA * |
185,400 | 1,692,565 | ||||||
Total Brazil |
1,692,565 | |||||||
CANADA — 1.5% |
||||||||
TC Energy |
66,283 | 2,375,562 | ||||||
Total Canada |
2,375,562 | |||||||
CHINA — 4.3% |
||||||||
Alibaba Group Holding Ltd * |
212,300 | 2,654,124 | ||||||
Autohome Inc ADR |
33,483 | 1,070,452 | ||||||
Midea Group Co Ltd Class A |
193,055 | 1,602,410 | ||||||
Ping An Insurance Group Co of China Ltd Class H |
204,000 | 1,471,361 | ||||||
Total China |
6,798,347 | |||||||
FRANCE — 2.1% |
||||||||
Sanofi SA |
31,085 | 3,318,354 | ||||||
Total France |
3,318,354 | |||||||
GERMANY — 1.1% |
||||||||
Continental AG |
22,549 | 1,800,449 | ||||||
Total Germany |
1,800,449 | |||||||
HONG KONG — 0.9% |
||||||||
WH Group Ltd |
2,652,457 | 1,435,250 | ||||||
Total Hong Kong |
1,435,250 | |||||||
INDIA — 1.5% |
||||||||
HDFC Bank |
114,828 | 2,305,242 | ||||||
Total India |
2,305,242 | |||||||
COMMON STOCK — continued |
||||||||
|
Number of |
Value |
||||||
ITALY — 4.3% |
||||||||
Enel SpA |
602,321 | $ | 4,153,664 | |||||
Snam SpA |
489,305 | 2,572,684 | ||||||
Total Italy |
6,726,348 | |||||||
JAPAN — 15.9% |
||||||||
Fujitsu Ltd |
30,000 | 3,876,920 | ||||||
Hitachi Ltd |
55,100 | 3,601,165 | ||||||
SCSK Corp |
129,700 | 2,153,841 | ||||||
Sekisui Chemical Co Ltd |
159,200 | 2,416,004 | ||||||
Sony Corp Group |
50,300 | 4,707,726 | ||||||
Sumitomo Metal Mining |
28,700 | 991,332 | ||||||
Sundrug Co Ltd |
142,500 | 4,202,931 | ||||||
Toyota Industries Corp |
46,700 | 3,367,954 | ||||||
Total Japan |
25,317,873 | |||||||
NETHERLANDS — 2.2% |
||||||||
Koninklijke Philips NV |
166,214 | 3,455,497 | ||||||
Total Netherlands |
3,455,497 | |||||||
PERU — 0.9% |
||||||||
Credicorp Ltd |
8,696 | 1,365,707 | ||||||
Total Peru |
1,365,707 | |||||||
SOUTH KOREA — 1.5% |
||||||||
LG Chem Ltd |
1,762 | 895,756 | ||||||
Samsung Electronics Co Ltd |
27,241 | 1,491,721 | ||||||
Total South Korea |
2,387,477 | |||||||
TAIWAN — 1.4% |
||||||||
Taiwan Semiconductor Manufacturing Co Ltd |
121,000 | 2,175,393 | ||||||
Total Taiwan |
2,175,393 | |||||||
UNITED KINGDOM — 7.7% |
||||||||
Associated British Foods PLC |
108,779 | 2,861,834 | ||||||
GSK PLC |
114,796 | 2,039,842 | ||||||
Imperial Brands PLC |
162,254 | 3,830,369 |
COMMON STOCK — continued |
||||||||
|
Number of |
Value |
||||||
UNITED KINGDOM (continued) |
||||||||
Lloyds Banking Group PLC |
5,920,863 | $ | 3,414,407 | |||||
Total United Kingdom |
12,146,452 | |||||||
UNITED STATES — 49.5% |
||||||||
Communication Services — 3.3% |
||||||||
Meta Platforms Inc Class A * |
16,615 | 5,293,539 | ||||||
Consumer Discretionary — 2.7% |
||||||||
Amazon.com * |
31,409 | 4,198,755 | ||||||
Consumer Staples — 5.5% |
||||||||
Colgate-Palmolive |
48,168 | 3,673,292 | ||||||
Dollar Tree Inc * |
5,039 | 777,669 | ||||||
Walmart Inc |
26,642 | 4,258,990 | ||||||
8,709,951 | ||||||||
Energy — 1.6% |
||||||||
Exxon Mobil Corp |
23,507 | 2,520,891 | ||||||
Financials — 8.5% |
||||||||
Berkshire Hathaway Class B * |
10,748 | 3,782,866 | ||||||
S&P Global Inc |
5,737 | 2,263,304 | ||||||
Visa Inc Class A |
11,142 | 2,648,788 | ||||||
Wells Fargo & Co |
102,544 | 4,733,431 | ||||||
13,428,389 | ||||||||
Health Care — 12.6% |
||||||||
AbbVie Inc |
30,839 | 4,612,898 | ||||||
Centene Corp * |
52,657 | 3,585,415 | ||||||
Fortrea Holdings * |
18,512 | 591,644 | ||||||
HCA Healthcare Inc |
11,430 | 3,118,218 | ||||||
Johnson & Johnson |
24,419 | 4,090,915 | ||||||
Laboratory Corp of America Holdings |
18,659 | 3,991,719 | ||||||
19,990,809 | ||||||||
Industrials — 2.8% |
||||||||
L3Harris Technologies Inc |
8,243 | 1,561,966 | ||||||
Stericycle Inc * |
67,276 | 2,858,557 | ||||||
4,420,523 |
COMMON STOCK — continued |
||||||||
|
Number of |
Value |
||||||
UNITED STATES (continued) |
||||||||
Information Technology — 8.1% |
||||||||
CDW |
11,635 | $ | 2,176,559 | |||||
Dell Technologies Inc Class C |
69,255 | 3,664,975 | ||||||
Micron Technology Inc |
31,951 | 2,280,982 | ||||||
Microsoft Corp |
14,021 | 4,709,934 | ||||||
12,832,450 | ||||||||
Materials — 2.3% |
||||||||
DuPont de Nemours |
46,565 | 3,614,841 | ||||||
Real Estate — 2.1% |
||||||||
American Tower REIT |
17,757 | 3,379,335 | ||||||
Total United States |
78,389,483 | |||||||
Total Common Stock |
||||||||
(Cost $139,912,753) |
153,786,059 | |||||||
PREFERRED STOCK — 1.8% |
||||||||
SOUTH KOREA — 1.8% |
||||||||
Samsung Electronics Co Ltd^ |
63,975 | 2,880,920 | ||||||
Total Preferred Stock |
||||||||
(Cost $3,018,902) |
2,880,920 | |||||||
Total Value of Securities — 99.0% |
||||||||
(Cost $142,931,655) |
$ | 156,666,979 |
Percentages are based on Net Assets of $158,187,628.
* |
Non-income producing security. |
^ |
There is currently no rate available. |
ADR — American Depositary Receipt |
Ltd — Limited |
PLC — Public Limited Company |
REIT — Real Estate Investment Trust |
MON-QH-001-1500