Schedule of Investments
COMMON STOCK — 99.2% |
||||||||
Number of Shares |
Value |
|||||||
AUSTRALIA — 1.4% |
||||||||
Aurizon Holdings Ltd |
5,363,753 | $ | 13,078,280 | |||||
Total Australia |
13,078,280 | |||||||
AUSTRIA — 1.5% |
||||||||
ANDRITZ |
216,455 | 13,866,184 | ||||||
Total Austria |
13,866,184 | |||||||
FRANCE — 7.5% |
||||||||
Bouygues SA |
542,040 | 18,714,501 | ||||||
Kering SA |
54,652 | 16,785,723 | ||||||
Sanofi SA |
238,466 | 24,584,089 | ||||||
Vinci SA |
86,358 | 9,855,010 | ||||||
Total France |
69,939,323 | |||||||
GERMANY — 10.5% |
||||||||
Allianz SE |
95,736 | 26,965,547 | ||||||
Continental AG |
170,925 | 10,478,373 | ||||||
Deutsche Post |
580,774 | 25,905,763 | ||||||
Evonik Industries AG |
1,113,380 | 22,547,860 | ||||||
HeidelbergMaterials AG |
116,788 | 12,166,895 | ||||||
Total Germany |
98,064,438 | |||||||
HONG KONG — 4.6% |
||||||||
CK Hutchison Holdings Ltd |
3,570,500 | 18,652,687 | ||||||
Jardine Matheson Holdings Ltd |
336,115 | 11,840,983 | ||||||
WH Group Ltd |
19,772,139 | 12,852,765 | ||||||
Total Hong Kong |
43,346,435 | |||||||
ITALY — 6.8% |
||||||||
Enel SpA |
3,984,947 | 28,449,270 | ||||||
Eni SpA |
535,536 | 8,568,478 | ||||||
Snam SpA |
5,433,981 | 25,966,990 | ||||||
Total Italy |
62,984,738 | |||||||
COMMON STOCK — continued |
||||||||
|
Number of Shares |
Value |
||||||
JAPAN — 24.4% |
||||||||
FUJIFILM Holdings Corp |
1,126,700 | $ | 26,788,345 | |||||
Fujitsu Ltd |
1,822,400 | 33,095,102 | ||||||
Hitachi Ltd |
631,100 | 13,635,977 | ||||||
Honda Motor Co Ltd |
1,221,800 | 13,054,416 | ||||||
Kao Corp |
160,800 | 7,041,381 | ||||||
Kyocera Corp |
891,000 | 11,222,116 | ||||||
MINEBEA MITSUMI |
575,200 | 13,836,050 | ||||||
Mitsubishi Electric Corp |
672,700 | 11,208,378 | ||||||
Nippon Telegraph & Telephone Corp |
14,283,000 | 15,221,583 | ||||||
Secom Co Ltd |
235,900 | 15,062,864 | ||||||
Sony Corp Group |
312,600 | 27,764,707 | ||||||
Sumitomo Metal Mining |
378,100 | 11,529,819 | ||||||
Takeda Pharmaceutical Co Ltd |
373,300 | 10,480,132 | ||||||
Toyota Industries Corp |
208,000 | 17,486,581 | ||||||
Total Japan |
227,427,451 | |||||||
NETHERLANDS — 4.4% |
||||||||
Koninklijke Ahold Delhaize NV |
414,473 | 13,352,346 | ||||||
Koninklijke Philips NV * |
999,654 | 28,079,996 | ||||||
Total Netherlands |
41,432,342 | |||||||
SINGAPORE — 5.0% |
||||||||
Singapore Telecommunications Ltd |
7,666,302 | 17,703,293 | ||||||
United Overseas Bank Ltd |
1,191,240 | 28,886,002 | ||||||
Total Singapore |
46,589,295 | |||||||
SPAIN — 3.2% |
||||||||
Banco Santander SA |
6,167,912 | 29,754,969 | ||||||
Total Spain |
29,754,969 | |||||||
SWITZERLAND — 4.9% |
||||||||
Novartis AG |
129,939 | 14,504,811 | ||||||
Roche Holding |
36,058 | 11,674,124 | ||||||
Sandoz Group |
460,424 | 19,970,105 | ||||||
Total Switzerland |
46,149,040 | |||||||
COMMON STOCK — continued |
||||||||
|
Number of Shares |
Value |
||||||
TAIWAN — 1.2% |
||||||||
Taiwan Semiconductor Manufacturing Co Ltd |
391,000 | $ | 11,405,984 | |||||
Total Taiwan |
11,405,984 | |||||||
UNITED KINGDOM — 23.8% |
||||||||
Associated British Foods PLC |
372,189 | 11,882,189 | ||||||
BP PLC |
3,071,694 | 18,157,061 | ||||||
British American Tobacco PLC |
219,763 | 7,797,390 | ||||||
GSK PLC |
1,316,422 | 25,563,224 | ||||||
Imperial Brands PLC |
907,123 | 25,001,895 | ||||||
Kingfisher PLC |
3,979,260 | 14,146,743 | ||||||
Lloyds Banking Group PLC |
45,182,715 | 34,517,194 | ||||||
Shell PLC |
559,378 | 20,397,020 | ||||||
SSE PLC |
1,220,041 | 29,527,084 | ||||||
Tesco PLC |
3,278,219 | 13,979,825 | ||||||
WPP PLC |
2,224,025 | 21,453,052 | ||||||
Total United Kingdom |
222,422,677 | |||||||
Total Common Stock |
||||||||
(Cost $833,493,454) |
926,461,156 | |||||||
Total Value of Securities — 99.2% |
||||||||
(Cost $833,493,454) |
$ | 926,461,156 | ||||||
Percentages are based on Net Assets of $934,351,720.
* |
Non-income producing security. |
Ltd — Limited |
PLC — Public Limited Company |
MON-QH-001-1700
Schedule of Investments
COMMON STOCK — 90.4% |
||||||||
Number of Shares |
Value |
|||||||
AUSTRIA — 1.5% |
||||||||
Mondi PLC |
16,110 | $ | 314,971 | |||||
Total Austria |
314,971 | |||||||
BRAZIL — 5.8% |
||||||||
Hypera SA |
57,300 | 290,848 | ||||||
Petroleo Brasileiro ADR |
36,195 | 516,503 | ||||||
Vale Sponsored ADR Class B |
35,406 | 384,155 | ||||||
Total Brazil |
1,191,506 | |||||||
CANADA — 1.8% |
||||||||
Barrick Gold Corp US |
20,412 | 377,826 | ||||||
Total Canada |
377,826 | |||||||
CHILE — 0.7% |
||||||||
Sociedad Quimica y Minera de Chile Sponsored ADR |
3,777 | 143,753 | ||||||
Total Chile |
143,753 | |||||||
CHINA — 26.6% |
||||||||
Alibaba Group Holding Ltd |
90,584 | 891,367 | ||||||
Autohome Inc Sponsored ADR |
10,742 | 267,905 | ||||||
Baidu Inc Sponsored ADR * |
1,995 | 176,697 | ||||||
China Medical System Holdings Ltd |
108,000 | 89,567 | ||||||
China Merchants Bank Class A |
58,800 | 266,163 | ||||||
China Merchants Bank Co Ltd Class H |
26,500 | 109,838 | ||||||
China Tower Class H |
2,448,000 | 300,366 | ||||||
CSPC Pharmaceutical Group Ltd |
429,520 | 319,496 | ||||||
Gree Electric Appliances Inc Class A |
40,896 | 226,494 | ||||||
Midea Group Co Ltd Class A |
22,003 | 194,055 | ||||||
PetroChina Class H |
322,000 | 279,617 | ||||||
Ping An Insurance Group Co of China Ltd Class H |
86,000 | 373,465 | ||||||
Sinotruk Hong Kong |
100,500 | 264,523 | ||||||
Tencent Holdings Ltd |
16,400 | 756,802 | ||||||
Tingyi Cayman Islands Holding Corp Class H |
186,000 | 226,789 | ||||||
Wuliangye Yibin Class A |
12,100 | 212,588 | ||||||
Xinyi Solar Holdings Ltd |
300,000 | 142,344 |
COMMON STOCK — continued |
||||||||
|
Number of Shares |
Value |
||||||
CHINA (continued) |
||||||||
Yum China Holdings Inc |
12,862 | $ | 388,947 | |||||
Total China |
5,487,023 | |||||||
FINLAND — 0.6% |
||||||||
Metso |
11,427 | 116,105 | ||||||
Total Finland |
116,105 | |||||||
HONG KONG — 1.2% |
||||||||
WH Group Ltd |
370,728 | 240,989 | ||||||
Total Hong Kong |
240,989 | |||||||
INDIA — 9.0% |
||||||||
Axis Bank Inc |
42,316 | 591,125 | ||||||
HCL Technologies Ltd |
5,917 | 116,428 | ||||||
HDFC Bank |
35,390 | 683,884 | ||||||
HDFC Bank Ltd Sponsored ADR |
2,304 | 138,263 | ||||||
Infosys |
2,122 | 47,055 | ||||||
Infosys Ltd Sponsored ADR |
12,844 | 284,238 | ||||||
Total India |
1,860,993 | |||||||
INDONESIA — 4.2% |
||||||||
Bank Rakyat Indonesia Persero Tbk PT |
1,891,639 | 544,300 | ||||||
Telkom Indonesia Persero |
1,846,400 | 327,929 | ||||||
Total Indonesia |
872,229 | |||||||
MALAYSIA — 1.6% |
||||||||
Malayan Banking Bhd |
152,000 | 338,136 | ||||||
Total Malaysia |
338,136 | |||||||
MEXICO — 3.0% |
||||||||
Grupo Aeroportuario Pacifico Class B |
18,744 | 300,190 | ||||||
Grupo Financiero Banorte SAB de CV Sponsored Class O |
42,234 | 317,157 | ||||||
Total Mexico |
617,347 | |||||||
COMMON STOCK — continued |
||||||||
|
Number of Shares |
Value |
||||||
PERU — 2.0% |
||||||||
Credicorp Ltd |
2,458 | $ | 419,433 | |||||
Total Peru |
419,433 | |||||||
PORTUGAL — 1.4% |
||||||||
Jeronimo Martins SGPS |
15,854 | 277,102 | ||||||
Total Portugal |
277,102 | |||||||
SAUDI ARABIA — 5.0% |
||||||||
Saudi Arabian Oil |
43,755 | 321,898 | ||||||
Saudi National Bank |
42,933 | 433,808 | ||||||
Saudi Telecom |
25,827 | 265,293 | ||||||
Total Saudi Arabia |
1,020,999 | |||||||
SOUTH KOREA — 9.9% |
||||||||
Kia Corp |
3,591 | 294,665 | ||||||
KT Corp |
1,223 | 35,615 | ||||||
KT Corp ADR |
10,429 | 151,951 | ||||||
LG Chem Ltd |
468 | 105,246 | ||||||
Samsung Electronics Co Ltd |
7,631 | 470,545 | ||||||
Samsung Fire & Marine Insurance Co Ltd |
1,135 | 308,640 | ||||||
Shinhan Financial Group Co Ltd |
15,335 | 674,448 | ||||||
Total South Korea |
2,041,110 | |||||||
TAIWAN — 12.0% |
||||||||
Hon Hai Precision Industry Co Ltd |
26,000 | 159,508 | ||||||
Lite-On Technology |
97,000 | 296,656 | ||||||
MediaTek Inc |
4,000 | 152,341 | ||||||
Taiwan Semiconductor Manufacturing Co Ltd |
64,000 | 1,866,964 | ||||||
Total Taiwan |
2,475,469 | |||||||
UNITED ARAB EMIRATES — 2.8% |
||||||||
Adnoc Gas |
309,858 | 263,318 | ||||||
First Abu Dhabi Bank PJSC |
85,306 | 303,144 | ||||||
Total United Arab Emirates |
566,462 | |||||||
COMMON STOCK — continued |
||||||||
|
Number of Shares |
Value |
||||||
UNITED KINGDOM — 1.3% |
||||||||
Unilever PLC |
4,390 | $ | 268,953 | |||||
Total United Kingdom |
268,953 | |||||||
Total Common Stock |
||||||||
(Cost $17,823,155) |
18,630,406 | |||||||
PREFERRED STOCK — 8.0% |
||||||||
BRAZIL — 1.7% |
||||||||
Itau Unibanco Holding SA Sponsored ADR^ |
13,827 | 83,239 | ||||||
Itausa SA^ |
145,290 | 259,952 | ||||||
343,191 | ||||||||
SOUTH KOREA — 6.3% |
||||||||
Hyundai Motor^ |
1,672 | 203,212 | ||||||
LG Chem Ltd^ |
646 | 100,679 | ||||||
Samsung Electronics Co Ltd^ |
21,088 | 1,003,933 | ||||||
1,307,824 | ||||||||
Total Preferred Stock |
||||||||
(Cost $1,481,030) |
1,651,015 | |||||||
Total Value of Securities — 98.4% |
||||||||
(Cost $19,304,185) |
$ | 20,281,421 |
Percentages are based on Net Assets of $20,607,023.
* |
Non-income producing security. |
^ |
There is currently no rate available. |
ADR — American Depositary Receipt |
Ltd — Limited |
PLC — Public Limited Company |
MON-QH-001-1700
Schedule of Investments
COMMON STOCK — 98.8% |
||||||||
Number of Shares |
Value |
|||||||
AUSTRALIA — 3.9% |
||||||||
Aurizon Holdings Ltd |
30,734 | $ | 74,938 | |||||
Total Australia |
74,938 | |||||||
CANADA — 7.9% |
||||||||
Enbridge Inc |
2,074 | 77,618 | ||||||
TC Energy |
1,719 | 72,986 | ||||||
Total Canada |
150,604 | |||||||
CHILE — 2.6% |
||||||||
Enel Americas SA |
526,148 | 49,242 | ||||||
Total Chile |
49,242 | |||||||
CHINA — 5.7% |
||||||||
Guangdong Investment Ltd |
84,000 | 44,050 | ||||||
Jiangsu Expressway Co Ltd Class H |
68,000 | 64,711 | ||||||
Total China |
108,761 | |||||||
FRANCE — 10.9% |
||||||||
Eiffage SA |
735 | 73,148 | ||||||
Veolia Environnement SA |
2,124 | 66,723 | ||||||
Vinci |
583 | 66,531 | ||||||
Total France |
206,402 | |||||||
ITALY — 11.4% |
||||||||
Enav SpA |
20,221 | 86,490 | ||||||
Enel SpA |
11,002 | 78,545 | ||||||
Snam SpA |
10,742 | 51,332 | ||||||
Total Italy |
216,367 | |||||||
MALAYSIA — 4.2% |
||||||||
Westports Holdings |
82,400 | 80,346 | ||||||
Total Malaysia |
80,346 | |||||||
COMMON STOCK — continued |
||||||||
|
Number of Shares |
Value |
||||||
MEXICO — 3.0% |
||||||||
Promotora y Operadora de Infraestructura |
6,119 | $ | 57,147 | |||||
Total Mexico |
57,147 | |||||||
PORTUGAL — 4.0% |
||||||||
EDP |
18,568 | 76,527 | ||||||
Total Portugal |
76,527 | |||||||
SPAIN — 11.5% |
||||||||
Cellnex Telecom |
2,220 | 77,427 | ||||||
Iberdrola SA |
5,713 | 75,458 | ||||||
Redeia Corp SA |
3,763 | 66,812 | ||||||
Total Spain |
219,697 | |||||||
UNITED KINGDOM — 4.0% |
||||||||
SSE PLC |
3,127 | 75,679 | ||||||
Total United Kingdom |
75,679 | |||||||
UNITED STATES — 29.7% |
||||||||
American Tower REIT |
405 | 89,262 | ||||||
CSX Corp |
2,312 | 81,151 | ||||||
Edison International |
1,095 | 87,611 | ||||||
Eversource Energy |
1,238 | 80,359 | ||||||
HCA Healthcare Inc |
197 | 71,521 | ||||||
Norfolk Southern |
283 | 70,626 | ||||||
Prologis |
670 | 84,453 | ||||||
Total United States |
564,983 | |||||||
Total Common Stock |
||||||||
(Cost $1,828,282) |
1,880,693 |
RIGHTS — 0.1% |
||||||||
Number of Rights | Value |
|||||||
Iberdrola * (A)(B) |
5,713 | $ | 2,368 | |||||
Total Rights |
||||||||
(Cost $–) |
2,368 | |||||||
Total Value of Securities — 98.9% |
||||||||
(Cost $1,828,282) |
$ | 1,883,061 | ||||||
Percentages are based on Net Assets of $1,903,917.
* |
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-001-1700
Schedule of Investment
COMMON STOCK — 96.2% |
||||||||
Number of Shares |
Value |
|||||||
AUSTRALIA — 1.2% |
||||||||
Aurizon Holdings Ltd |
1,055,389 | $ | 2,573,324 | |||||
Total Australia |
2,573,324 | |||||||
BRAZIL — 0.9% |
||||||||
Hypera SA |
346,400 | 1,758,289 | ||||||
Total Brazil |
1,758,289 | |||||||
CHINA — 4.0% |
||||||||
Alibaba Group Holding Ltd |
391,800 | 3,855,400 | ||||||
Midea Group Co Ltd Class A |
205,455 | 1,812,008 | ||||||
Ping An Insurance Group Co of China Ltd Class H |
270,500 | 1,174,679 | ||||||
Yum China Holdings Inc |
46,700 | 1,412,208 | ||||||
Total China |
8,254,295 | |||||||
FRANCE — 5.0% |
||||||||
Kering SA |
8,012 | 2,460,792 | ||||||
Sanofi SA |
45,180 | 4,657,725 | ||||||
Vinci SA |
28,612 | 3,265,147 | ||||||
Total France |
10,383,664 | |||||||
GERMANY — 2.3% |
||||||||
Deutsche Post |
107,586 | 4,798,936 | ||||||
Total Germany |
4,798,936 | |||||||
INDIA — 1.4% |
||||||||
HDFC Bank |
146,815 | 2,837,083 | ||||||
Total India |
2,837,083 | |||||||
INDONESIA — 0.7% |
||||||||
Bank Rakyat Indonesia Persero Tbk PT |
5,315,100 | 1,529,367 | ||||||
Total Indonesia |
1,529,367 | |||||||
ITALY — 4.3% |
||||||||
Enel SpA |
800,983 | 5,718,365 |
COMMON STOCK — continued |
||||||||
|
Number of Shares |
Value |
||||||
ITALY (continued) |
||||||||
Snam SpA |
670,728 | $ | 3,205,162 | |||||
Total Italy |
8,923,527 | |||||||
JAPAN — 13.1% |
||||||||
Fujitsu Ltd |
328,600 | 5,967,433 | ||||||
Hitachi Ltd |
100,000 | 2,160,668 | ||||||
MatsukiyoCocokara & Co |
195,700 | 3,191,457 | ||||||
SCSK Corp |
141,800 | 2,791,747 | ||||||
Sony Corp Group |
62,300 | 5,533,401 | ||||||
Sundrug Co Ltd |
151,100 | 4,196,104 | ||||||
Toyota Industries Corp |
36,900 | 3,102,187 | ||||||
Total Japan |
26,942,997 | |||||||
NETHERLANDS — 2.7% |
||||||||
Koninklijke Philips NV * |
198,287 | 5,569,825 | ||||||
Total Netherlands |
5,569,825 | |||||||
SOUTH KOREA — 0.6% |
||||||||
Samsung Electronics Co Ltd |
20,767 | 1,280,540 | ||||||
Total South Korea |
1,280,540 | |||||||
SWEDEN — 2.2% |
||||||||
Autoliv |
45,074 | 4,558,784 | ||||||
Total Sweden |
4,558,784 | |||||||
SWITZERLAND — 2.3% |
||||||||
Roche Holding |
14,929 | 4,833,407 | ||||||
Total Switzerland |
4,833,407 | |||||||
TAIWAN — 1.8% |
||||||||
Taiwan Semiconductor Manufacturing Co Ltd |
130,000 | 3,792,271 | ||||||
Total Taiwan |
3,792,271 | |||||||
UNITED KINGDOM — 6.0% |
||||||||
Associated British Foods PLC |
78,075 | 2,492,556 | ||||||
British American Tobacco PLC |
141,976 | 5,037,437 |
COMMON STOCK — continued |
||||||||
|
Number of Shares |
Value |
||||||
UNITED KINGDOM (continued) |
||||||||
Lloyds Banking Group PLC |
6,504,278 | $ | 4,968,923 | |||||
Total United Kingdom |
12,498,916 | |||||||
UNITED STATES — 47.7% |
||||||||
AbbVie Inc |
30,710 | 5,691,177 | ||||||
Amazon.com * |
18,288 | 3,419,490 | ||||||
American Tower REIT |
17,544 | 3,866,698 | ||||||
CDW Corp |
17,941 | 3,913,112 | ||||||
Centene Corp * |
59,400 | 4,569,048 | ||||||
Charles Schwab |
60,533 | 3,946,146 | ||||||
CNH Industrial |
225,961 | 2,406,485 | ||||||
Dollar Tree Inc * |
38,937 | 4,062,687 | ||||||
DuPont de Nemours |
63,178 | 5,287,999 | ||||||
Exxon Mobil Corp |
26,539 | 3,147,260 | ||||||
HCA Healthcare Inc |
14,746 | 5,353,535 | ||||||
Kenvue Inc |
245,201 | 4,533,769 | ||||||
L3Harris Technologies Inc |
23,283 | 5,282,680 | ||||||
Labcorp Holdings |
20,197 | 4,351,242 | ||||||
McDonald's |
15,179 | 4,028,507 | ||||||
Meta Platforms Inc Class A |
10,864 | 5,158,553 | ||||||
Micron Technology Inc |
9,454 | 1,038,238 | ||||||
Microsoft Corp |
10,878 | 4,550,811 | ||||||
NNN REIT |
62,337 | 2,798,308 | ||||||
Prologis |
17,686 | 2,229,320 | ||||||
Texas Instruments |
25,308 | 5,158,024 | ||||||
UnitedHealth Group |
8,403 | 4,841,472 | ||||||
Walmart Inc |
50,450 | 3,462,888 | ||||||
Wells Fargo & Co |
87,200 | 5,174,448 | ||||||
Total United States |
98,271,897 | |||||||
Total Common Stock |
||||||||
(Cost $166,787,414) |
198,807,122 |
PREFERRED STOCK — 2.3% |
||||||||
Number of Shares |
Value |
|||||||
SOUTH KOREA — 2.3% |
||||||||
Samsung Electronics Co Ltd^ |
100,103 | 4,765,588 | ||||||
Total Preferred Stock |
||||||||
(Cost $4,637,987) |
4,765,588 | |||||||
Total Value of Securities — 98.5% |
||||||||
(Cost $171,425,401) |
$ | 203,572,710 | ||||||
Percentages are based on Net Assets of $206,604,903.
* |
Non-income producing security. |
^ |
There is currently no rate available. |
Ltd — Limited |
PLC — Public Limited Company |
REIT — Real Estate Investment Trust |
MON-QH-001-1700