Shares
|
|
|
Value in
U.S. Dollars
|
|
|
COMMON STOCKS—97.5%
|
|
|
|
China—1.7%
|
|
507,000
|
|
Shenzhen International Holdings Ltd.
|
$842,137
|
|
|
Finland—2.6%
|
|
27,058
|
|
Huhtamaki Oyj
|
1,329,748
|
|
|
France—1.2%
|
|
2,936
|
1
|
Silicon-On-Insulator Technologies (SOITEC)
|
590,920
|
|
|
Hong Kong—3.0%
|
|
102,000
|
|
Techtronic Industries Co.
|
1,529,372
|
|
|
India—0.5%
|
|
21,207
|
|
Varun Beverages Ltd.
|
261,104
|
|
|
Ireland—1.5%
|
|
60,900
|
|
Glanbia PLC
|
759,512
|
|
|
Italy—2.1%
|
|
21,952
|
1
|
Marr SpA
|
457,005
|
60,819
|
1
|
Technogym S.P.A.
|
622,338
|
|
|
TOTAL
|
1,079,343
|
|
|
Japan—13.1%
|
|
17,700
|
|
Horiba Ltd.
|
1,160,623
|
35,687
|
|
NIFCO, Inc.
|
1,249,097
|
19,400
|
|
Nissan Chemical Industries
|
1,108,234
|
33,047
|
|
Open House Co. Ltd.
|
1,335,517
|
25,801
|
|
Relo Holdings, Inc.
|
644,126
|
17,105
|
|
Yaoko Co. Ltd.
|
1,121,685
|
|
|
TOTAL
|
6,619,282
|
|
|
Netherlands—5.0%
|
|
24,575
|
|
Aalberts Industries NV
|
1,107,394
|
11,507
|
|
IMCD Group NV
|
1,425,885
|
|
|
TOTAL
|
2,533,279
|
|
|
Peru—1.5%
|
|
4,899
|
|
Credicorp Ltd.
|
736,467
|
|
|
Singapore—2.2%
|
|
500,422
|
|
Mapletree Industrial Trust
|
1,082,027
|
|
|
Spain—1.1%
|
|
57,692
|
|
Merlin Properties SOCIMI SA
|
553,251
|
|
|
Sweden—2.1%
|
|
47,681
|
1
|
Trelleborg AB, Class B
|
1,080,710
|
|
|
Switzerland—2.3%
|
|
3,279
|
|
Burckhardt Compression Holdings AG
|
1,135,265
|
|
|
Taiwan—1.7%
|
|
42,000
|
|
Land Mark Optoelectronics Corp.
|
410,820
|
331,444
|
|
Tong Yang Industry Co. Ltd.
|
424,549
|
|
|
TOTAL
|
835,369
|
|
|
United Kingdom—6.1%
|
|
579,080
|
1
|
Breedon Group PLC
|
675,621
|
166,581
|
|
Central Asia Metals PLC
|
501,560
|
9,662
|
|
DCC PLC
|
729,791
|
Shares
|
|
|
Value in
U.S. Dollars
|
|
|
COMMON STOCKS—continued
|
|
|
|
United Kingdom—continued
|
|
22,098
|
1
|
Draper Esprit Plc
|
$208,043
|
289,328
|
|
Harworth Group PLC
|
464,187
|
127,895
|
|
SSP Group PLC
|
507,503
|
|
|
TOTAL
|
3,086,705
|
|
|
United States—49.8%
|
|
21,098
|
|
Alliant Energy Corp.
|
1,026,418
|
21,538
|
1
|
AMN Healthcare Services, Inc.
|
1,553,321
|
10,128
|
|
Aptargroup, Inc.
|
1,346,720
|
18,304
|
|
Brunswick Corp.
|
1,582,564
|
14,246
|
1
|
Clean Harbors, Inc.
|
1,103,495
|
3,662
|
|
Cooper Cos., Inc.
|
1,333,114
|
172,654
|
2
|
Diversified Gas & Oil PLC
|
272,350
|
8,355
|
|
Eagle Materials, Inc.
|
919,301
|
13,820
|
|
Fortune Brands Home & Security, Inc.
|
1,191,975
|
13,105
|
1
|
Kirby Corp.
|
665,210
|
19,565
|
|
National Instruments Corp.
|
809,991
|
7,421
|
|
Reinsurance Group of America
|
779,576
|
45,196
|
|
Retail Opportunity Investments Corp.
|
636,812
|
15,396
|
|
RPM International, Inc.
|
1,269,708
|
537,449
|
1
|
Samsonite International SA
|
800,581
|
10,966
|
1
|
Silicon Laboratories, Inc.
|
1,438,410
|
12,445
|
|
Simpson Manufacturing Co., Inc.
|
1,144,940
|
6,935
|
|
STERIS PLC
|
1,297,608
|
22,458
|
|
TCF Financial Corp.
|
872,718
|
3,111
|
|
West Pharmaceutical Services, Inc.
|
931,713
|
6,177
|
1
|
WEX, Inc.
|
1,164,982
|
19,963
|
|
Wiley (John) & Sons, Inc., Class A
|
910,512
|
17,222
|
|
Wintrust Financial Corp.
|
1,036,592
|
9,127
|
|
Woodward, Inc.
|
1,021,768
|
|
|
TOTAL
|
25,110,379
|
|
|
TOTAL INVESTMENT IN SECURITIES—97.5%
(IDENTIFIED COST $36,840,225)
|
49,164,870
|
|
|
OTHER ASSETS AND LIABILITIES - NET—2.5%2
|
1,250,190
|
|
|
TOTAL NET ASSETS—100%
|
$50,415,060
|
Security
|
Acquisition
Date
|
Acquisition
Cost
|
Value
|
Diversified Gas & Oil PLC
|
7/24/2020-1/26/2021
|
$222,754
|
$272,350
|
Valuation Inputs
|
|
|
|
|
|
Level 1—
Quoted
Prices
|
Level 2—
Other
Significant
Observable
Inputs
|
Level 3—
Significant
Unobservable
Inputs
|
Total
|
Equity Securities:
|
|
|
|
|
Common Stocks
|
|
|
|
|
Domestic
|
$ 24,037,448
|
$ 1,072,931
|
$—
|
$25,110,379
|
International
|
736,467
|
23,318,024
|
—
|
24,054,491
|
TOTAL SECURITIES
|
$ 24,773,915
|
$ 24,390,955
|
$—
|
$49,164,870
|