a
a
Country
Shares
a
Value
a
a
a
a
a
a
Common
Stocks
96.6%
Banks
38.6%
a
AB&T
Financial
Corp.
..................................
United
States
226,100
$
226,032
Bank
of
America
Corp.
.................................
United
States
201,062
8,535,082
Barclays
plc
.........................................
United
Kingdom
5,970,072
15,168,141
b
BAWAG
Group
AG,
144A,
Reg
S
..........................
Austria
239,772
15,173,704
BNP
Paribas
SA
......................................
France
252,625
16,162,427
CaixaBank
SA
........................................
Spain
4,126,370
12,795,430
Citizens
Financial
Group,
Inc.
............................
United
States
360,057
16,915,478
First
Horizon
Corp.
....................................
United
States
506,229
8,246,470
ING
Groep
NV
.......................................
Netherlands
1,280,801
18,620,137
JPMorgan
Chase
&
Co.
.................................
United
States
6,844
1,120,294
Primis
Financial
Corp.
..................................
United
States
718,833
10,394,325
Synovus
Financial
Corp.
................................
United
States
234,111
10,275,132
UniCredit
SpA
........................................
Italy
644,040
8,522,656
Wells
Fargo
&
Co.
.....................................
United
States
361,870
16,794,387
158,949,695
Capital
Markets
5.5%
Credit
Suisse
Group
AG,
A
..............................
Switzerland
716,679
7,079,249
c
Deutsche
Bank
AG
....................................
Germany
1,078,519
13,704,955
b
Guotai
Junan
Securities
Co.
Ltd.,
H,
144A,
Reg
S
.............
China
1,396,063
2,011,640
22,795,844
Consumer
Finance
1.5%
Capital
One
Financial
Corp.
.............................
United
States
36,844
5,967,623
Diversified
Financial
Services
6.1%
M&G
plc
............................................
United
Kingdom
2,933,695
8,014,575
Voya
Financial,
Inc.
....................................
United
States
276,250
16,958,988
24,973,563
Equity
Real
Estate
Investment
Trusts
(REITs)
0.7%
Vornado
Realty
Trust
...................................
United
States
71,260
2,993,632
Household
Durables
2.3%
Cairn
Homes
plc
......................................
Ireland
7,126,374
9,399,386
Insurance
37.2%
c
Alleghany
Corp.
......................................
United
States
21,755
13,584,040
ASR
Nederland
NV
....................................
Netherlands
330,642
15,124,691
c
Brighthouse
Financial,
Inc.
..............................
United
States
64,778
2,929,909
c
BRP
Group,
Inc.,
A
....................................
United
States
229,709
7,647,013
China
Pacific
Insurance
Group
Co.
Ltd.,
H
...................
China
1,953,200
5,799,796
Conduit
Holdings
Ltd.
..................................
United
States
1,295,000
8,240,899
Direct
Line
Insurance
Group
plc
..........................
United
Kingdom
3,601,222
14,050,657
Everest
Re
Group
Ltd.
.................................
United
States
57,086
14,316,027
Hartford
Financial
Services
Group,
Inc.
(The)
................
United
States
269,652
18,943,053
d
International
General
Insurance
Holdings
Ltd.
................
Jordan
1,211,455
10,139,878
MetLife,
Inc.
.........................................
United
States
237,570
14,665,196
NN
Group
NV
........................................
Netherlands
265,016
13,881,537
c,d
Ryan
Specialty
Group
Holdings,
Inc.,
A
.....................
United
States
35,996
1,219,184
T&D
Holdings,
Inc.
....................................
Japan
314,469
4,313,852
Willis
Towers
Watson
plc
................................
United
States
35,844
8,332,296
153,188,028
IT
Services
4.7%
Alliance
Data
Systems
Corp.
.............................
United
States
64,295
6,486,723
c
Fiserv,
Inc.
..........................................
United
States
52,893
5,738,890