SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2019

International Equity Fund

Description	Shares		Market Value ($ Thousands)
COMMON STOCK — 94.6%
Australia — 3.1%
Alumina Ltd		167,706	$	271
APA Group		33,261		260
Aristocrat Leisure Ltd		678,086		16,049
ASX Ltd		35,377		1,950
Avita Medical Ltd *(A)		44,229,403		20,054
BlueScope Steel Ltd		543,083		5,749
Coca-Cola Amatil Ltd		67,862		528
Cochlear Ltd		79,211		12,513
Coles Group Ltd		41,701		435
Computershare Ltd		21,902		258
CSL Ltd		124,319		24,099
Fortescue Metals Group Ltd		1,663,612		12,501
Goodman Group ‡(A)		114,723		1,078
Insurance Australia Group Ltd		1,184,240		6,377
Lendlease Group		88,345		1,093
Macquarie Group Ltd		14,933		1,447
Magellan Financial Group Ltd		23,120		926
Newcrest Mining Ltd		342,286		7,278
Orica Ltd		31,351		484
Qantas Airways Ltd (A)		1,727,393		8,634
REA Group Ltd		2,406		175
Rio Tinto Ltd		18,453		1,302
Santos Ltd		188,783		1,086
SEEK Ltd		39,185		621
Sonic Healthcare Ltd		10,756		217
South32 Ltd		3,623,948		6,878
Stockland ‡		140,771		457
Sydney Airport (A)		131,247		799
Treasury Wine Estates Ltd		43,377		495
Woolworths Group Ltd		43,696		1,111
				135,125
Austria — 1.2%
Avita Medical Ltd ADR *(A)		2,920,713		26,579
BAWAG Group AG *		317,202		14,454
Erste Group Bank AG *		39,100		1,481
OMV AG		182,033		10,236
Raiffeisen Bank International AG		23,093		581
				53,331
Belgium — 1.2%
Ageas		417,355		24,708
Colruyt SA		31,275		1,633
Groupe Bruxelles Lambert SA		110,243		11,631
KBC Group NV		117,157		8,832
Proximus SADP		19,001		544

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
UCB SA		81,050	$	6,450
				53,798
Canada — 2.7%
Alimentation Couche-Tard Inc, Cl B		235,508		7,484
Bank of Montreal		32,900		2,553
Canadian Imperial Bank of Commerce (A)		144,604		12,050
Canadian Natural Resources Ltd		501,156		16,213
Canadian Pacific Railway Ltd		74,714		19,048
CGI Inc, Cl A *		10,600		888
Constellation Software Inc/Canada		500		486
Dollarama Inc		176,667		6,080
Encana Corp		2,528,928		11,857
Gildan Activewear Inc		143,904		4,260
iA Financial Corp Inc		5,600		308
Manulife Financial Corp		679,275		13,808
Power Corp of Canada		43,000		1,109
Royal Bank of Canada		25,499		2,021
Sun Life Financial Inc (A)		51,300		2,343
Suncor Energy Inc		221,733		7,278
Toronto-Dominion Bank/The		187,186		10,513
				118,299
China — 1.5%
Alibaba Group Holding Ltd ADR *		54,434		11,546
Baidu Inc ADR *		138,302		17,482
China Communications Services Corp Ltd, Cl H		2,053,584		1,497
China Lesso Group Holdings Ltd		696,000		892
Industrial & Commercial Bank of China Ltd, Cl H		4,326,000		3,331
JD.com Inc ADR *		73,726		2,597
Ping An Insurance Group Co of China Ltd, Cl H		47,000		556
Sinopharm Group Co Ltd, Cl H		950,145		3,469
Sinotruk Hong Kong Ltd		153,254		327
STMicroelectronics NV		55,848		1,507
Tencent Holdings Ltd		320,700		15,459
Tsingtao Brewery Co Ltd, Cl H		88,000		591
Vipshop Holdings Ltd ADR *		337,241		4,779
				64,033
Denmark — 2.1%
Carlsberg A/S, Cl B		10,263		1,532
Chr Hansen Holding A/S		47,691		3,792
Coloplast A/S, Cl B		11,463		1,422
DSV PANALPINA A/S		112,230		12,942
Genmab A/S *		1,845		410
GN Store Nord A/S		51,674		2,433
H Lundbeck A/S		149,151		5,700
ISS A/S		686,022		16,471
Novo Nordisk A/S, Cl B		395,240		22,966
Novozymes A/S, Cl B		41,474		2,029

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Orsted A/S		35,892	$	3,719
Scandinavian Tobacco Group A/S		1,339,439		16,369
SimCorp A/S		30,019		3,417
Tryg A/S		13,103		389
				93,591
Finland — 0.4%
Elisa Oyj, Cl A		23,880		1,318
Fortum Oyj		80,898		1,998
Kone Oyj, Cl B		3,128		204
Metso Oyj		19,617		775
Neste Oyj		132,368		4,612
Orion Oyj, Cl B		139,836		6,472
Stora Enso Oyj, Cl R		49,139		715
UPM-Kymmene Oyj		78,611		2,727
Valmet Oyj		18,845		452
				19,273
France — 7.9%
Aeroports de Paris		2,455		486
Air France-KLM *		776,480		8,652
Air Liquide SA		72,335		10,258
Airbus SE		26,720		3,920
Alstom SA *		17,863		849
Amundi SA		11,275		887
Arkema SA		37,787		4,018
Atos SE		67,410		5,638
BNP Paribas SA		316,169		18,809
Bollore SA		1,820,544		7,956
Bouygues SA		5,771		246
Capgemini SE		72,548		8,870
Carrefour SA		1,220,956		20,484
CGG SA *		352,977		1,155
Christian Dior SE		1,035		531
Cie de Saint-Gobain		179,195		7,348
CNP Assurances		7,323		146
Covivio ‡		7,765		881
Credit Agricole SA		193,347		2,810
Criteo SA ADR *		60,571		1,050
Danone SA		119,309		9,914
Dassault Aviation SA		87		115
Dassault Systemes SE		2,472		408
Edenred		46,418		2,405
Eiffage SA		15,499		1,775
Engie SA		610,661		9,879
EssilorLuxottica SA		110,728		16,930
Euronext NV		49,557		4,045
Faurecia SE		17,582		950
Gecina SA ‡		7,468		1,339
Hermes International		6,416		4,811
ICADE ‡		4,217		460
Ingenico Group SA		40,664		4,420

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Ipsen SA		55,322	$	4,911
IPSOS		18,645		607
Kering SA		6,902		4,538
Klepierre SA ‡		4,968		189
Legrand SA		9,157		748
L’Oreal SA		22,300		6,614
LVMH Moet Hennessy Louis Vuitton SE		51,483		23,989
Pernod Ricard SA		123,816		22,192
Peugeot SA		465,715		11,212
Publicis Groupe SA		244,069		11,064
Quadient		14,441		350
Rexel SA		283,012		3,776
Safran SA		49,011		7,582
Sanofi		224,044		22,564
Sartorius Stedim Biotech		18,264		3,032
Schneider Electric SE		71,555		7,358
SCOR SE		16,905		710
SES SA, Cl A		16,038		225
Societe Generale SA		9,461		330
Suez		37,380		567
Teleperformance		5,969		1,457
Thales SA		127,487		13,270
TOTAL SA		507,840		28,140
Ubisoft Entertainment SA *		78,674		5,446
Valeo SA		29,611		1,044
Veolia Environnement SA		28,568		761
Vivendi SA		119,658		3,468
				348,589
Germany — 8.5%
adidas AG		55,124		18,017
Allianz SE		75,550		18,530
AURELIUS Equity Opportunities SE & Co KGaA (A)		335,482		14,680
BASF SE		372,815		28,298
Bayer AG		441,392		36,059
Brenntag AG		139,323		7,632
Continental AG		36,636		4,718
CTS Eventim AG & Co KGaA		160,818		10,137
Deutsche Boerse AG		52,632		8,304
Deutsche Lufthansa AG		335,670		6,202
Deutsche Post AG		712,798		27,318
Fresenius Medical Care AG & Co KGaA		219,531		16,312
Gerresheimer AG		147,015		11,456
Hamburger Hafen und Logistik AG		18,329		508
Hannover Rueck SE		11,244		2,177
HOCHTIEF AG		13,235		1,706
Infineon Technologies AG		620,928		14,200
LANXESS AG		11,119		751
Linde PLC		92,890		19,890
MTU Aero Engines AG		9,213		2,643

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Muenchener Rueckversicherungs- Gesellschaft AG in Muenchen		8,504	$	2,510
Puma SE		12,914		990
QIAGEN NV *		150,324		5,156
Rational AG		1,298		1,045
RWE AG		44,425		1,370
SAP SE		336,208		45,650
SAP SE ADR (A)		93,469		12,524
Scout24 AG		100,481		6,670
Siemens AG		318,496		41,765
Siltronic AG		8,042		816
TAG Immobilien AG		16,160		403
Talanx AG		7,946		393
TUI AG		6,207		79
Uniper SE		43,887		1,455
Volkswagen AG		966		189
Vonovia SE		13,200		712
				371,265
Greece — 0.0%
Aegean Airlines SA		12,601		119
Hong Kong — 2.4%
AIA Group Ltd		2,184,800		22,937
ASM Pacific Technology Ltd		45,800		635
Budweiser Brewing Co APAC Ltd *		393,200		1,327
Chaoda Modern Agriculture Holdings Ltd *		2,440,000		16
China Merchants Port Holdings Co Ltd		2,107,720		3,565
China Mobile Ltd		2,750,315		23,120
CITIC Ltd		523,000		699
Country Garden Services Holdings Co Ltd		402,000		1,354
Galaxy Entertainment Group Ltd *		891,000		6,564
Hang Lung Properties Ltd		284,000		623
Hang Seng Bank Ltd		41,800		864
Hebei Construction Group Corp Ltd, Cl H (A)		444,000		276
HK Electric Investments & HK Electric Investments Ltd		472,000		465
HKT Trust & HKT Ltd		686,000		967
Hong Kong & China Gas Co Ltd		736,300		1,438
Kingboard Holdings Ltd		152,500		484
Lenovo Group Ltd		470,000		316
Link REIT ‡		60,000		635
Logan Property Holdings Co Ltd		214,000		359
Melco Resorts & Entertainment Ltd ADR		4,040		98
NagaCorp Ltd		286,000		499
Power Assets Holdings Ltd		56,000		410
Samsonite International SA		6,946,605		16,672
SITC International Holdings Co Ltd		1,865,000		2,274
Sun Hung Kai Properties Ltd		142,000		2,174
Swire Pacific Ltd, Cl A		25,000		232
Techtronic Industries Co Ltd		1,740,000		14,192
Vitasoy International Holdings Ltd		48,000		174
West China Cement Ltd		1,816,000		298

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Wheelock & Co Ltd		32,000	$	213
Zoomlion Heavy Industry Science and Technology Co Ltd (A)		1,600,000		1,341
				105,221
Hungary — 0.0%
MOL Hungarian Oil & Gas PLC		78,733		786
India — 0.4%
HDFC Bank Ltd ADR		250,494		15,874
Ireland — 1.7%
CRH PLC		21,749		872
Experian PLC		644,650		21,794
ICON PLC *		115,265		19,852
Kerry Group PLC, Cl A		103,605		12,927
Ryanair Holdings PLC ADR *		200,235		17,543
				72,988
Israel — 1.5%
Azrieli Group Ltd		8,100		592
Bank Hapoalim BM		826,280		6,854
Bank Leumi Le-Israel BM		2,403,772		17,496
Check Point Software Technologies Ltd *		174,051		19,313
Elbit Systems Ltd		4,487		698
First International Bank Of Israel Ltd		23,055		667
Israel Discount Bank Ltd, Cl A		680,955		3,156
Mizrahi Tefahot Bank Ltd		80,687		2,149
Nice Ltd *		25,298		3,923
Nice Ltd ADR *(A)		82,829		12,851
				67,699
Italy — 2.7%
Assicurazioni Generali SpA		71,489		1,477
Atlantia SpA		19,451		454
Banca Mediolanum SpA		52,461		521
Enel SpA		128,670		1,023
Eni SpA		11,401		177
ERG SpA		68,269		1,474
EXOR NV		115,844		8,999
Ferrari NV		12,445		2,064
Fiat Chrysler Automobiles NV		532,971		7,827
Hera SpA		361,886		1,587
Leonardo SpA		711,690		8,348
Mediobanca Banca di Credito Finanziario SpA		115,653		1,276
Moncler SpA		6,450		290
Nexi SpA *		525,760		7,325
Piaggio & C SpA		140,715		435
Poste Italiane SpA		89,045		1,010
PRADA SpA		1,761,272		7,279
Recordati SpA		231,063		9,755
Saras SpA		551,094		889
Snam SpA		60,828		320
Telecom Italia SpA/Milano *		674,143		415

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Tenaris SA		1,679,139	$	18,978
Terna Rete Elettrica Nazionale SpA		26,062		174
UniCredit SpA		2,388,770		34,939
UnipolSai Assicurazioni SpA		108,643		315
				117,351
Japan — 15.5%
77 Bank Ltd/The		66,100		1,100
Advantest Corp		54,400		3,049
Aeon Co Ltd		28,800		594
AGC Inc/Japan		97,200		3,471
Amada Holdings Co Ltd		61,700		701
Arcland Sakamoto Co Ltd		33,873		387
Asahi Group Holdings Ltd		33,400		1,526
Asahi Intecc Co Ltd		6,800		199
Astellas Pharma Inc		2,200		38
Bandai Namco Holdings Inc		193,130		11,724
Bridgestone Corp (A)		186,400		6,923
Brother Industries Ltd		22,800		469
Canon Marketing Japan Inc		141,500		3,284
Capcom Co Ltd		174,900		4,850
Casio Computer Co Ltd		32,400		649
Chubu Electric Power Co Inc		16,500		233
Chugai Pharmaceutical Co Ltd		7,600		702
Chugoku Electric Power Co Inc/The		27,200		357
Coca-Cola Bottlers Japan Holdings Inc (A)		107,200		2,738
Credit Saison Co Ltd		10,000		173
Dai Nippon Printing Co Ltd		491,900		13,286
Daiichi Sankyo Co Ltd		50,000		3,304
Daikin Industries Ltd		67,600		9,530
Daito Trust Construction Co Ltd		45,800		5,646
Daiwa House Industry Co Ltd		227,800		7,042
Daiwa House REIT Investment Corp, Cl A		341		890
Disco Corp		3,800		898
East Japan Railway Co		100,900		9,113
FANUC Corp		125,000		23,082
Fast Retailing Co Ltd		2,000		1,193
FUJIFILM Holdings Corp		225,900		10,802
Fujitsu Ltd		174,200		16,379
Glory Ltd		14,900		450
GMO Payment Gateway Inc		7,600		521
Goldcrest Co Ltd		13,992		267
Hakuhodo DY Holdings Inc		101,200		1,628
Haseko Corp		563,400		7,563
Hikari Tsushin Inc		2,300		577
Hirose Electric Co Ltd		3,500		447
Hitachi Chemical Co Ltd		17,600		736
Hitachi High-Technologies Corp		12,400		875
Hitachi Ltd		257,100		10,829
Hitachi Metals Ltd		13,200		194
Hoshizaki Corp		4,200		375
Hoya Corp		90,400		8,644

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Iida Group Holdings Co Ltd		2,700	$	47
ITOCHU Corp		255,100		5,922
Itochu Techno-Solutions Corp		7,900		223
Japan Airport Terminal Co Ltd		3,100		172
Japan Post Bank Co Ltd		93,400		897
Japan Post Holdings Co Ltd		313,900		2,949
Japan Prime Realty Investment Corp, Cl A ‡		138		606
Japan Real Estate Investment Corp, Cl A ‡		105		697
Japan Retail Fund Investment Corp, Cl A		79		170
JXTG Holdings Inc		271,400		1,234
Kansai Paint Co Ltd		29,000		710
Kao Corp		78,800		6,503
KDDI Corp (A)		641,700		19,149
Keihan Holdings Co Ltd		18,600		903
Keikyu Corp		39,300		758
Keio Corp		5,300		321
Keisei Electric Railway Co Ltd		21,000		813
Keyence Corp		54,500		19,185
Kikkoman Corp		2,700		132
Kintetsu Group Holdings Co Ltd		23,000		1,248
Kirin Holdings Co Ltd		41,700		910
Kobayashi Pharmaceutical Co Ltd		300		25
Kohnan Shoji Co Ltd		16,500		387
Kokuyo Co Ltd		60,300		901
Komatsu Ltd		447,900		10,777
Konami Holdings Corp		116,700		4,802
Kose Corp		56,000		8,171
Kyocera Corp		2,800		191
LIXIL Group Corp		49,500		856
M3 Inc *		53,000		1,597
Mabuchi Motor Co Ltd		389,800		14,734
Marubeni Corp		92,700		684
Marui Group Co Ltd		30,900		755
McDonald’s Holdings Co Japan Ltd		10,600		511
Medipal Holdings Corp		10,400		229
MINEBEA MITSUMI Inc		35,100		726
Mitsubishi Chemical Holdings Corp		6,200		46
Mitsubishi Corp		13,400		355
Mitsubishi Electric Corp		27,900		379
Mitsubishi Heavy Industries Ltd		12,300		478
Mitsubishi UFJ Financial Group Inc		498,300		2,695
Mitsubishi UFJ Lease & Finance Co Ltd		29,100		187
Mitsui & Co Ltd		35,900		637
Mitsui OSK Lines Ltd		6,800		187
Mixi Inc		141,600		2,685
Mizuho Financial Group Inc		1,864,800		2,868
Mizuno Corp		20,600		520
Morinaga & Co Ltd/Japan		140,500		6,745
MS&AD Insurance Group Holdings Inc		580,300		19,147
Murata Manufacturing Co Ltd		70,200		4,307
Nabtesco Corp		18,500		546

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Nagoya Railroad Co Ltd		17,300	$	537
NET One Systems Co Ltd		11,800		302
NH Foods Ltd		5,100		211
Nidec Corp		8,100		1,105
Nihon M&A Center Inc		325,300		11,158
Nihon Unisys Ltd		117,900		3,689
Nikon Corp		279,200		3,413
Nintendo Co Ltd		18,600		7,496
Nippon Building Fund Inc, Cl A (A)		125		915
Nippon Paint Holdings Co Ltd		27,200		1,401
Nippon Prologis REIT Inc		341		867
Nippon Telegraph & Telephone Corp		486,400		12,346
Nippon Telegraph & Telephone Corp ADR		420,466		21,234
Nissan Chemical Corp		3,000		126
Nisshin Seifun Group Inc		16,400		286
Nomura Real Estate Holdings Inc		16,600		398
Nomura Real Estate Master Fund Inc ‡		761		1,298
Nomura Research Institute Ltd		57,000		1,220
North Pacific Bank Ltd		232,900		520
NTT Data Corp		21,100		283
NTT DOCOMO Inc		256,000		7,129
Obic Co Ltd		9,300		1,253
Omron Corp		22,100		1,283
Oracle Corp Japan *		3,900		354
Oriental Land Co Ltd/Japan		31,600		4,311
Otsuka Corp		78,800		3,153
Pan Pacific International Holdings Corp		11,000		183
Panasonic Corp		80,700		757
Park24 Co Ltd		500		12
Persol Holdings Co Ltd		297,600		5,565
Recruit Holdings Co Ltd		63,000		2,355
Rinnai Corp		3,100		242
Rohm Co Ltd		204,200		16,296
Sanwa Holdings Corp		731,700		8,200
SBI Holdings Inc/Japan		9,300		196
SCSK Corp		87,400		4,539
Secom Co Ltd		29,900		2,675
Seiko Holdings Corp		28,400		758
Sekisui House Ltd		887,000		18,983
Seven & i Holdings Co Ltd		359,800		13,194
Shimadzu Corp		16,400		515
Shin-Etsu Chemical Co Ltd		4,900		539
Shinsei Bank Ltd *		28,300		432
Shionogi & Co Ltd		150,100		9,285
Shiseido Co Ltd		64,500		4,582
SMC Corp/Japan		2,200		1,004
Sompo Holdings Inc		202,300		7,928
Sony Corp ADR		108,900		7,405
Sony Financial Holdings Inc		31,700		759
SUMCO Corp		46,400		767
Sumitomo Corp		216,700		3,212

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Sumitomo Mitsui Financial Group Inc		416,300	$	15,334
Sumitomo Mitsui Trust Holdings Inc		417,322		16,494
Suzuken Co Ltd/Aichi Japan		10,800		440
Suzuki Motor Corp		103,671		4,319
Takeda Pharmaceutical Co Ltd		1,084,200		42,921
Takeda Pharmaceutical Co Ltd ADR		83,793		1,653
Teijin Ltd		32,700		612
Terumo Corp		149,300		5,307
THK Co Ltd		22,400		605
TIS Inc		76,700		4,505
Tobu Railway Co Ltd		13,900		502
Toho Gas Co Ltd		1,000		41
Tokio Marine Holdings Inc		38,200		2,130
Tokyo Electric Power Co Holdings Inc *		695,800		2,969
Tokyo Electron Ltd		14,800		3,224
Tokyu Corp		6,400		118
Tokyu Fudosan Holdings Corp		94,800		654
Tomy Co Ltd		55,500		719
Toppan Printing Co Ltd		81,400		1,681
Tosoh Corp		8,600		133
Toyota Industries Corp		16,800		968
Toyota Motor Corp		120,800		8,514
Toyota Motor Corp ADR		142,721		20,058
United Urban Investment Corp		348		652
Universal Entertainment *		168,100		5,717
Wacoal Holdings Corp		401,252		10,763
Yamaha Corp		5,600		311
Yaskawa Electric Corp		39,000		1,466
Yokogawa Electric Corp		1,200		21
				677,617
Malta — 0.0%
BGP Holdings *(B)		198,683		–
Mexico — 0.7%
Arca Continental SAB de CV		1,261,305		6,680
Becle SAB de CV		7,826,100		14,567
Wal-Mart de Mexico SAB de CV		3,487,100		10,023
				31,270
Netherlands — 5.1%
ABN AMRO Bank NV		35,304		644
Aegon NV		77,122		353
AerCap Holdings NV *		155,746		9,574
Akzo Nobel NV		119,121		12,125
ASM International NV		6,231		703
ASML Holding NV		56,624		16,854
ASR Nederland NV		197,831		7,427
Basic-Fit NV *		180,326		6,868
Heineken Holding NV		78,547		7,628
Heineken NV		110,621		11,791
ING Groep NV		2,458,738		29,566
Intertrust NV		195,999		3,808

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
James Hardie Industries PLC		49,858	$	977
Koninklijke Ahold Delhaize NV		601,400		15,043
Koninklijke DSM NV		79,850		10,415
Koninklijke KPN NV		1,147,563		3,390
Koninklijke Philips NV		255,907		12,524
NN Group NV		56,018		2,128
NXP Semiconductors NV		58,149		7,400
Randstad NV		9,650		592
Royal Dutch Shell PLC, Cl B		606,210		17,985
Royal Dutch Shell PLC ADR, Cl B (A)		267,285		16,029
Unilever NV		23,710		1,366
Wolters Kluwer NV		368,133		26,893
				222,083
New Zealand — 0.1%
Air New Zealand Ltd		608,322		1,203
Fisher & Paykel Healthcare Corp Ltd		110,254		1,651
Fletcher Building Ltd		84,821		291
Meridian Energy Ltd		224,015		756
				3,901
Norway — 2.3%
Adevinta ASA, Cl B *		1,222,466		14,468
Atlantic Sapphire AS *(A)		3,159,420		46,447
DNB ASA		38,779		724
Gjensidige Forsikring ASA		11,487		241
Kahoot! AS *		1,029,938		7,736
Magseis Fairfield ASA *(A)		4,061,782		2,689
Mowi ASA		888,150		23,036
Norway Royal Salmon ASA		243,820		6,638
				101,979
Portugal — 0.1%
EDP - Energias de Portugal SA		183,856		797
Galp Energia SGPS SA, Cl B		333,155		5,588
Jeronimo Martins SGPS SA		34,780		573
				6,958
Russia — 0.0%
Tatneft PJSC ADR		22,289		1,646
Singapore — 1.1%
CapitaLand Commercial Trust ‡		114,000		169
City Developments Ltd		1,905,300		15,516
ComfortDelGro Corp Ltd		113,600		201
DBS Group Holdings Ltd		1,060,800		20,417
Genting Singapore Ltd		466,300		319
Hong Leong Finance Ltd		68,524		136
Oversea-Chinese Banking Corp Ltd		1,022,635		8,350
Singapore Exchange Ltd		381,600		2,514
UOL Group Ltd		60,900		377
Wilmar International Ltd		66,900		205
				48,204
South Africa — 0.1%
DataTec Ltd		100,188		238

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Investec PLC (A)		416,323	$	2,440
Reunert Ltd		12,940		67
				2,745
South Korea — 1.9%
BNK Financial Group Inc		261,151		1,725
Daelim Industrial Co Ltd *		8,416		657
DGB Financial Group Inc		73,266		450
Doosan Infracore Co Ltd *(A)		146,354		701
Hyundai Wia Corp		6,494		281
Kangwon Land Inc *		379,269		9,685
Kia Motors Corp *		10,621		406
KT Corp ADR		432,095		5,012
LG Electronics Inc		40,173		2,496
LMS Co Ltd/South Korea		43,525		659
Samsung Electronics Co Ltd		494,160		23,783
SK Innovation Co Ltd		23,209		3,011
SK Telecom Co Ltd		70,174		14,401
SK Telecom Co Ltd ADR		787,189		18,192
				81,459
Spain — 1.2%
Aena SME SA		3,031		581
Amadeus IT Group SA, Cl A		163,375		13,365
Banco Santander SA		1,514,954		6,358
Bankinter SA		17,318		127
CaixaBank SA		2,491,112		7,842
Cellnex Telecom SA *		42,564		1,840
Cia de Distribucion Integral Logista Holdings SA		57,814		1,309
Endesa SA		21,237		568
Ferrovial SA		38,282		1,161
Indra Sistemas SA *		378,671		4,345
Mapfre SA		85,194		226
Naturgy Energy Group SA		25,159		635
Repsol SA *		44,904		363
Unicaja Banco SA		11,477,455		12,503
				51,223
Sweden — 1.3%
Assa Abloy AB, Cl B		272,060		6,362
Atlas Copco AB, Cl A		427,932		17,074
Atlas Copco AB, Cl B		15,784		548
Axfood AB		48,823		1,087
Betsson AB		159,620		744
Boliden AB		7,776		207
Epiroc AB, Cl A		77,345		944
Epiroc AB, Cl B		72,504		859
Fastighets AB Balder, Cl B *		26,288		1,224
Getinge AB, Cl B		74,920		1,392
ICA Gruppen AB		81,236		3,789
Investor AB, Cl B		11,180		610
L E Lundbergforetagen AB, Cl B		8,291		364

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Lundin Petroleum AB		8,046	$	274
Millicom International Cellular SA		107,816		5,170
Sandvik AB		77,480		1,510
Skanska AB, Cl B		26,524		599
SKF AB, Cl B		134,267		2,714
Swedbank AB, Cl A		201,398		2,998
Swedish Match AB		128,113		6,609
Tele2 AB, Cl B		21,047		305
Trelleborg AB, Cl B		60,510		1,090
				56,473
Switzerland — 7.5%
ABB Ltd		939,641		22,721
Adecco Group AG		221,112		13,967
Alcon Inc *		213,820		12,088
Aryzta AG *		2,341,778		2,618
Baloise Holding AG		10,010		1,809
Barry Callebaut AG		371		819
Chocoladefabriken Lindt & Spruengli AG		228		2,814
Cie Financiere Richemont SA		97,066		7,631
Coca-Cola HBC AG *		221,243		7,518
Geberit AG		18,435		10,336
Givaudan SA		2,201		6,890
Julius Baer Group Ltd		192,355		9,919
Kuehne + Nagel International AG		1,566		264
Lonza Group AG		20,506		7,478
Nestle SA		155,722		16,848
Novartis AG		476,180		45,143
Partners Group Holding AG		11,606		10,653
Roche Holding AG		174,203		56,497
SGS SA		3,219		8,817
SIG Combibloc Group AG *		566,513		9,063
Sika AG		89,036		16,725
Sonova Holding AG		57,420		13,132
Straumann Holding AG		933		916
Swiss Life Holding AG		25,877		12,988
Swiss Prime Site AG		3,757		434
Swiss Re AG		44,382		4,981
Swisscom AG		2,133		1,128
Tecan Group AG		3,617		1,016
UBS Group AG		1,678,343		21,136
Vifor Pharma AG		1,644		300
Zurich Insurance Group AG		10,822		4,437
				331,086
Taiwan — 1.0%
Chicony Electronics Co Ltd		114,000		338
Chipmos Technologies Inc *		366,000		418
Compal Electronics Inc		697,000		438
Foxconn Technology Co Ltd		605,000		1,336
Global Mixed Mode Technology Inc		91,000		384
Hon Hai Precision Industry Co Ltd		247,000		748

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Kindom Development Co Ltd		432,000	$	460
Lite-On Technology Corp		1,534,000		2,525
MediaTek Inc		752,000		11,126
Mirle Automation Corp		685,000		907
Pou Chen Corp		412,000		539
Simplo Technology Co Ltd		158,000		1,597
Sitronix Technology Corp		173,000		967
Supreme Electronics Co Ltd		469,000		472
Synnex Technology International Corp		1,030,000		1,288
Taiwan Semiconductor Manufacturing Co Ltd ADR		316,585		18,394
Zhen Ding Technology Holding Ltd		84,000		401
				42,338
Turkey — 0.0%
Turkiye Halk Bankasi AS *(A)		1,180,311		1,172
United Arab Emirates — 0.0%
Abu Dhabi Islamic Bank PJSC		615,520		903
United Kingdom — 14.4%
3i Group PLC		229,149		3,333
Admiral Group PLC		9,401		288
Aggreko PLC		53,260		587
Anglo American PLC		86,624		2,494
Antofagasta PLC		15,837		192
Aon PLC		49,900		10,394
Ashtead Group PLC		53,308		1,705
AstraZeneca PLC		144,360		14,548
Auto Trader Group PLC		41,041		323
Aviva PLC		2,142,722		11,885
Balfour Beatty PLC		2,573,792		8,913
Bank of Ireland Group PLC		2,640,047		14,530
Barclays PLC		9,519,830		22,655
Barratt Developments PLC		441,346		4,365
Berkeley Group Holdings PLC		24,114		1,552
BHP Group PLC		64,221		1,512
BP PLC		4,564,111		28,515
BP PLC ADR		131,693		4,970
British American Tobacco PLC		511,552		21,899
British Land Co PLC/The		25,721		218
BT Group PLC, Cl A		851,464		2,171
Bunzl PLC		452,632		12,382
Carnival PLC		3,363		162
Cineworld Group PLC		1,784,994		5,181
Cobham PLC		1,485,540		3,232
Compass Group PLC		1,185,939		29,693
Computacenter PLC		62,379		1,465
CRH PLC		269,246		10,850
Croda International PLC		25,865		1,754
DCC PLC		84,724		7,345
Dialog Semiconductor PLC *		45,565		2,317
Electrocomponents PLC		838,854		7,530

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Evraz PLC		990,183	$	5,299
Ferguson PLC		245,633		22,290
Ferrexpo PLC		524,939		1,105
Fevertree Drinks PLC		342,898		9,508
GlaxoSmithKline PLC		518,129		12,211
Halma PLC		48,067		1,347
Hargreaves Lansdown PLC		5,497		141
Hays PLC		1,583,408		3,809
HSBC Holdings PLC		101,298		794
Inchcape PLC		165,498		1,548
Indivior PLC *		568,551		294
Informa PLC		32,064		364
InterContinental Hotels Group PLC		13,898		959
International Consolidated Airlines Group SA		508,597		4,211
Intertek Group PLC		23,894		1,852
Investec PLC		290,604		1,706
Johnson Matthey PLC		189,030		7,503
Keywords Studios PLC		360,076		7,146
Kingfisher PLC		4,348,234		12,500
Legal & General Group PLC		1,936,682		7,774
Lloyds Banking Group PLC		7,055,659		5,842
London Stock Exchange Group PLC		180,708		18,553
M&G PLC *		640,200		2,012
Meggitt PLC		112,748		981
Melrose Industries PLC		4,130,236		13,137
Micro Focus International PLC		382,051		5,384
National Grid PLC		1,170,318		14,640
Ocado Group PLC *		47,877		811
Pagegroup PLC		128,208		888
Pearson PLC		41,481		350
Persimmon PLC		9,215		329
Prudential PLC		1,795,676		34,469
QinetiQ Group PLC		263,158		1,247
Reckitt Benckiser Group PLC		112,917		9,168
RELX PLC		1,116,479		28,183
Rentokil Initial PLC		1,090,981		6,547
Rio Tinto PLC		7,698		459
Rolls-Royce Holdings PLC		2,075,699		18,787
Royal Bank of Scotland Group PLC		5,568,954		17,728
RSA Insurance Group PLC		181,220		1,358
Sage Group PLC/The		56,442		560
Schroders PLC		45,451		2,007
Segro PLC ‡		191,650		2,278
Severn Trent PLC		6,164		205
Smith & Nephew PLC		456,505		11,082
Smiths Group PLC		12,154		272
Smurfit Kappa Group PLC		10,366		398
Spectris PLC		170,863		6,578
Spirax-Sarco Engineering PLC		4,287		505
SSE PLC		709,406		13,519
SSP Group Plc		130,608		1,125

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
St James’s Place PLC		556,911	$	8,591
Standard Chartered PLC		251,179		2,371
Standard Life Aberdeen PLC		282,712		1,229
Tate & Lyle PLC		228,715		2,303
Taylor Wimpey PLC		303,508		778
Tesco PLC		7,064,789		23,884
Trainline PLC *		571,267		3,837
Unilever PLC		50,884		2,933
Vodafone Group PLC		12,347,170		24,005
Wm Morrison Supermarkets PLC		100,457		266
				630,920
United States — 5.0%
Accenture PLC, Cl A		93,566		19,702
ASML Holding NV, Cl G		47,795		14,144
Atlassian Corp PLC, Cl A *		15,960		1,921
Axis Capital Holdings Ltd		308,388		18,331
Axonics Modulation Technologies Inc *		339,431		9,406
BCE Inc		11,070		513
Biohaven Pharmaceutical Holding Co Ltd *		198,015		10,780
Chemours Co/The		185,551		3,357
Chubb Ltd		95,146		14,810
Coca-Cola European Partners PLC		15,087		768
Core Laboratories NV		19,878		749
Flex Ltd *		1,018,773		12,857
International Game Technology PLC		438,000		6,557
Lululemon Athletica Inc *		44,552		10,321
Mettler-Toledo International Inc *		13,915		11,038
Microsoft Corp		62,443		9,847
Nomad Foods Ltd *		320,168		7,162
QIAGEN NV *		42,823		1,447
ResMed Inc		105,233		16,308
Sensata Technologies Holding PLC *		205,513		11,071
Shopify Inc, Cl A *		52,985		21,066
Tractor Supply Co		65,117		6,085
Visa Inc, Cl A		19,496		3,663
Wix.com Ltd *		44,468		5,442
				217,345
Total Common Stock (Cost $3,561,737) ($ Thousands)				4,146,664
PREFERRED STOCK — 1.8%
Germany — 1.2%
Henkel AG & Co KGaA (C)		76,105		7,908
Porsche Automobil Holding SE (C)		2,289		172
Sartorius AG (C)		4,096		882
Volkswagen AG (C)		219,655		43,633
				52,595
South Korea — 0.6%
Hyundai Motor Co (C)		132,660		8,214

Description	Shares		Market Value ($ Thousands)
PREFERRED STOCK (continued)
Samsung Electronics Co Ltd (C)		381,858	$	14,939
				23,153
Total Preferred Stock (Cost $65,739) ($ Thousands)				75,748
AFFILIATED PARTNERSHIP — 1.7%
SEI Liquidity Fund, L.P.     1.600% **† (D)		75,599,401		75,606
Total Affiliated Partnership (Cost $75,599) ($ Thousands)				75,606
CASH EQUIVALENT — 1.4%
SEI Daily Income Trust, Government Fund, Cl F     1.500%**†		60,243,325		60,243
Total Cash Equivalent (Cost $60,243) ($ Thousands)				60,243
Total Investments in Securities — 99.5% (Cost $3,763,318) ($ Thousands)			$	4,358,261

A list of the open futures contracts held by the Fund at December 31, 2019, is as follows:

Type of Contract	Number of Contracts Long		Expiration Date		Notional Amount (Thousands)		Value (Thousands)		Unrealized Appreciation/Depreciation (Thousands)
Euro STOXX 50		662		Mar-2020	$	27,610	$	27,710	$	(79	)
FTSE 100 Index		144		Mar-2020		14,103		14,305		77
Hang Seng Index		15		Feb-2020		2,700		2,721		24
SPI 200 Index		65		Mar-2020		7,573		7,543		(213	)
TOPIX Index		138		Mar-2020		21,795		21,854		45
					$	73,781	$	74,133	$	(146	)

Percentages are based on Net Assets of $4,382,204 ($ Thousands).

* Non-income producing security.

** The rate reported is the 7-day effective yield as of December 31, 2019.

^†  Investment in Affiliated Security.

^‡  Real Estate Investment Trust.

(A) Certain securities or partial positions of certain securities are on loan at December 31, 2019. The total market value of securities on loan at December 31, 2019 was $70,602 ($ Thousands).

(B) Level 3 security in accordance with fair value hierarchy.

(C) There is currently no rate available.

(D) This security was purchased with cash collateral held from securities on loan. The total market value of such securities as of December 31, 2019 was $75,606 ($ Thousands).

ADR — American Depositary Receipt

Cl — Class

EUR — Euro

FTSE — Financial Times Stock Exchange

L.P. — Limited Partnership

Ltd. — Limited

PJSC — Public Joint-Stock Company

PLC — Public Limited Company

REIT — Real Estate investment Trust

SPI — Share Price Index

TOPIX - Tokyo Price Index

USD — United States Dollar

The following is a list of the level of inputs used as of December 31, 2019, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

Investments in Securities	Level 1 ($)			Level 2 ($)		Level 3 ($)		Total ($)
Common Stock		4,146,664			–		–^		4,146,664
Preferred Stock		75,748			–		–		75,748
Affiliated Partnership		–			75,606		–		75,606
Cash Equivalent		60,243			–		–		60,243
Total Investments in Securities		4,282,655			75,606		–		4,358,261
Other Financial Instruments	Level 1 ($)			Level 2 ($)		Level 3 ($)		Total ($)
Futures Contracts*
Unrealized Appreciation		146			–		–		146
Unrealized Depreciation		(292	)		–		–		(292	)
Total Other Financial Instruments		(146	)		–		–		(146	)

^One security with a market value of $0.

*Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.

For the period ended December 31, 2019, there were no transfers in or out of Level 3.

For information on the Fund’s policy regarding valuation of investments, fair value hierarchy levels and other significant accounting policies, please refer to the Fund’s most recent financial statements.

The following is a summary of the transactions with affiliates for the period ended December 31, 2019 ($ Thousands):

Security Description	Value 9/30/19 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Realized Gain (Loss) ($)		Change in Unrealized Appreciation (Depreciation) ($)			Value 12/31/19 ($)		Shares		Income ($)		Capital Gains ($)
SEI Liquidity Fund, L.P.		122,509		187,189		(234,091	)		—		(1	)		75,606		75,599,401		471		—
SEI Daily Income Trust, Government Fund, Cl F		83,730		46,735		(70,222	)		—		—			60,243		60,243,325		281		—
		206,239		233,924		(304,313	)		—		(1	)		135,849		135,842,726		752		—

Amounts designated as “—” are either $0 or have been rounded to $0.

SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2019

Emerging Markets Equity Fund

Description	Shares		Market Value ($ Thousands)
COMMON STOCK — 95.0%
Argentina — 0.2%
Arcos Dorados Holdings Inc, Cl A		191,007	$	1,547
Cresud SACIF y A ADR *(A)		76,288		537
IRSA Inversiones y Representaciones SA ADR *		63,795		442
IRSA Propiedades Comerciales SA ADR		2,512		42
MercadoLibre Inc *		1,929		1,103
				3,671
Austria — 0.1%
Erste Group Bank AG *		69,374		2,628
Brazil — 7.6%
Ambev SA *		671,900		3,118
Arezzo Industria e Comercio SA		106,600		1,696
Atacadao SA *		906,111		5,260
B2W Cia Digital *		939,967		14,688
B3 SA - Brasil Bolsa Balcao		601,820		6,429
Banco Bradesco SA ADR *(A)		1,137,020		10,176
Banco BTG Pactual SA *		50,698		959
Banco do Brasil SA *		327,413		4,299
Banco Santander Brasil SA		254,900		3,138
Banco Santander Brasil SA ADR (A)		163,031		1,977
BB Seguridade Participacoes SA		80,827		758
BK Brasil Operacao e Assessoria a Restaurantes SA *		627,830		2,775
BR Malls Participacoes SA		127,347		572
BRF SA *		483,253		4,229
BRF SA ADR *		329,088		2,863
CCR SA		482,000		2,274
Cia de Saneamento do Parana		17,592		444
Cia Siderurgica Nacional SA		107,412		377
Construtora Tenda SA		93,202		699
Cosan Ltd, Cl A *		40,385		922
Cosan SA		306,128		5,294
Cyrela Brazil Realty SA Empreendimentos e Participacoes		279,398		2,062
Duratex SA		637,700		2,651
Energisa SA		455,268		6,058
Eneva SA *		95,847		1,041
Gerdau SA ADR (A)		518,767		2,542
Grupo SBF SA *		256,375		2,242
Hapvida Participacoes e Investimentos SA		154,310		2,451
Hypera SA *		246,662		2,188
IRB Brasil Resseguros S/A		117,243		1,135
JBS SA		152,080		975
Localiza Rent a Car SA		182,490		2,151
Lojas Renner SA		105,377		1,472

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Minerva SA/Brazil *		128,998	$	412
Notre Dame Intermedica Participacoes SA		199,077		3,378
Petro Rio SA *		117,300		964
Petrobras Distribuidora SA		389,150		2,909
Petroleo Brasileiro SA		21,549		343
Petroleo Brasileiro SA ADR *		606,081		9,661
Porto Seguro SA		130,188		2,030
Qualicorp Consultoria e Corretora de Seguros SA		111,107		1,025
Rumo SA *		1,468,283		9,526
Sul America SA		66,646		993
Telefonica Brasil SA ADR		296,034		4,239
TIM Participacoes SA ADR *		127,033		2,428
Transmissora Alianca de Energia Eletrica SA		92,364		716
Ultrapar Participacoes SA ADR		47,273		296
Vale SA ADR, Cl B *		232,466		3,069
YDUQS Part		154,786		1,828
				143,732
Canada — 1.0%
First Quantum Minerals Ltd		1,420,325		14,425
Pan American Silver Corp		84,904		2,011
Parex Resources Inc *		163,177		3,039
				19,475
Chile — 0.3%
Banco de Credito e Inversiones SA		7,407		336
Cia Cervecerias Unidas SA ADR		46,114		875
Empresas CMPC SA		311,960		763
Enel Chile SA		14,238,302		1,335
Inversiones La Construccion SA		1,878		21
Latam Airlines Group SA ADR		60,000		609
Sociedad Quimica y Minera de Chile SA ADR		36,860		984
				4,923
China — 22.2%
Agricultural Bank of China Ltd, Cl H		8,188,000		3,604
Alibaba Group Holding Ltd ADR *		285,726		60,603
Aluminum Corp of China Ltd, Cl H *		3,434,000		1,177
Anhui Conch Cement Co Ltd, Cl H		1,614,664		11,770
ANTA Sports Products Ltd		132,069		1,182
Baidu Inc ADR *		45,464		5,747
Bank of China Ltd, Cl H		10,379,000		4,436
BeiGene Ltd ADR *		4,864		806
Beijing Sinnet Technology Co Ltd, Cl A		1,164,995		3,357
Bilibili Inc ADR *(A)		220,265		4,101
Bosideng International Holdings Ltd		2,848,000		1,027
China Coal Energy Co Ltd, Cl H		1,383,000		549
China Construction Bank Corp, Cl H		14,733,000		12,725
China Everbright Bank Co Ltd, Cl A		3,285,500		2,080
China Lesso Group Holdings Ltd		471,000		604
China Life Insurance Co Ltd, Cl H		1,560,000		4,335

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
China Merchants Energy Shipping Co Ltd, Cl A		942,197	$	1,117
China National Building Material Co Ltd, Cl H		1,178,000		1,315
China Oilfield Services Ltd, Cl H		1,144,000		1,794
China Pacific Insurance Group Co Ltd, Cl H		220,400		868
China Petroleum & Chemical Corp, Cl H		3,588,000		2,160
Chongqing Zhifei Biological Products Co Ltd, Cl A		291,600		2,079
CITIC Securities Co Ltd, Cl H		425,500		971
COSCO SHIPPING Energy Transportation Co Ltd, Cl A		312,989		287
CRRC Corp Ltd		4,746,408		3,460
Dongyue Group Ltd		573,000		318
Focus Media Information Technology Co Ltd, Cl A		5,028,867		4,519
Focused Photonics Hangzhou Inc, Cl A		811,661		1,947
Gree Electric Appliances Inc of Zhuhai, Cl A *		191,400		1,802
Guangdong Haid Group Co Ltd, Cl A		373,392		1,930
Hangzhou Robam Appliances Co Ltd, Cl A		1,422,950		6,907
HLA Corp Ltd, Cl A		1,424,853		1,571
Huazhu Group Ltd ADR		24,040		963
Industrial & Commercial Bank of China Ltd, Cl H		33,147,419		25,525
JD.com Inc ADR *		241,434		8,506
Jiangsu Yanghe Brewery Joint-Stock Co Ltd, Cl A		129,100		2,048
KWG Group Holdings Ltd		1,607,000		2,252
Longfor Group Holdings Ltd		213,000		998
Momo Inc ADR *		256,484		8,592
NARI Technology Co Ltd, Cl A		1,057,083		3,214
NetEase Inc ADR		34,685		10,636
New Oriental Education & Technology Group Inc ADR *		43,753		5,305
PetroChina Co Ltd, Cl H		1,826,000		916
PICC Property & Casualty Co Ltd, Cl H		566,000		682
Ping An Insurance Group Co of China Ltd, Cl A		294,082		3,608
Ping An Insurance Group Co of China Ltd, Cl H		2,391,857		28,272
Shenzhen Inovance Technology Co Ltd, Cl A		460,600		2,026
Shenzhen Overseas Chinese Town Co Ltd, Cl A		1,118,900		1,251
SINA Corp/China *		87,423		3,491
Sinopharm Group Co Ltd, Cl H		1,159,510		4,234
Sinotruk Hong Kong Ltd (A)		1,246,500		2,659
Sohu.com Ltd ADR *		128,442		1,436
Suofeiya Home Collection Co Ltd, Cl A		1,117,700		3,362
TAL Education Group ADR *		68,889		3,320
Tencent Holdings Ltd		1,553,007		74,862
Tingyi Cayman Islands Holding Corp		2,116,500		3,613
Trip.com Group Ltd ADR *		400,305		13,426

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Tsingtao Brewery Co Ltd, Cl H		618,000	$	4,152
Uni-President China Holdings Ltd		3,138,400		3,295
Vipshop Holdings Ltd ADR *		57,945		821
Want Want China Holdings Ltd		803,000		750
Weibo Corp ADR *(A)		115,145		5,337
Weichai Power Co Ltd, Cl H		1,343,000		2,834
Wens Foodstuffs Group Co Ltd		840,683		4,055
Wuhu Sanqi Interactive Entertainment Network Technology Group Co Ltd, Cl A		588,600		2,276
Wuliangye Yibin Co Ltd, Cl A		145,500		2,778
Yantai Jereh Oilfield Services Group Co Ltd, Cl A		440,900		2,339
Yanzhou Coal Mining Co Ltd, Cl H		428,791		385
Yum China Holdings Inc		13,071		628
Zhejiang Expressway Co Ltd, Cl H		3,690,000		3,362
Zhejiang NHU Co Ltd, Cl A		504,398		1,684
Zhongsheng Group Holdings Ltd		2,300,500		9,418
Zhuzhou CRRC Times Electric Co Ltd, Cl H		644,600		2,333
ZTO Express Cayman Inc ADR *		222,991		5,207
				417,999
Colombia — 0.5%
Bancolombia SA ADR, Cl R		157,058		8,605
Ecopetrol SA ADR		38,523		769
Grupo Aval Acciones y Valores SA ADR		17,844		156
Interconexion Electrica SA ESP		35,665		213
				9,743
Cyprus — 0.1%
TCS Group Holding PLC GDR		106,230		2,284
Czech Republic — 0.2%
Moneta Money Bank AS		776,096		2,914
Egypt — 0.2%
Commercial International Bank Egypt SAE		525,769		2,720
Germany — 0.2%
Delivery Hero SE *		53,900		4,274
Greece — 0.6%
Eurobank Ergasias SA *		3,539,371		3,658
Hellenic Telecommunications Organization SA		43,068		688
Motor Oil Hellas Corinth Refineries SA		52,207		1,209
National Bank of Greece SA *		840,560		2,859
OPAP SA		147,572		1,918
				10,332
Hong Kong — 7.8%
3SBio Inc *		3,657,500		4,741
A-Living Services Co Ltd, Cl H		1,550,375		5,352
ASM Pacific Technology Ltd		291,600		4,046
BAIC Motor Corp Ltd, Cl H		5,690,500		3,228
Beijing Enterprises Water Group Ltd		3,878,000		1,961
Brilliance China Automotive Holdings Ltd		1,511,163		1,567
Budweiser Brewing Co APAC Ltd *		393,425		1,328

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Chaoda Modern Agriculture Holdings Ltd *		2,056,181	$	14
China Agri-Industries Holdings Ltd		298,559		158
China Aoyuan Group Ltd		319,000		520
China Conch Venture Holdings Ltd		636,500		2,777
China Everbright Bank Co Ltd, Cl H		1,633,000		759
China Everbright International Ltd		5,829,100		4,676
China Gas Holdings Ltd		1,247,000		4,673
China High Precision Automation Group Ltd *		1,385,624		–
China Medical System Holdings Ltd		2,218,000		3,194
China Mengniu Dairy Co Ltd		809,000		3,271
China Mobile Ltd		1,155,800		9,716
China Mobile Ltd ADR		136,934		5,788
China Overseas Grand Oceans Group Ltd		662,000		458
China Resources Beer Holdings Co Ltd		138,000		763
China Resources Cement Holdings Ltd		902,000		1,148
China Resources Gas Group Ltd		148,000		813
China Resources Land Ltd		90,000		448
China State Construction International Holdings Ltd		2,837,123		2,578
China Taiping Insurance Holdings Co Ltd		1,079,400		2,676
CITIC Ltd		1,916,000		2,562
CNOOC Ltd		8,976,200		14,930
Country Garden Services Holdings Co Ltd		236,000		795
CSPC Pharmaceutical Group Ltd		454,000		1,083
Geely Automobile Holdings Ltd		2,001,000		3,914
Genscript Biotech Corp *		508,000		1,154
Haier Electronics Group Co Ltd		1,161,118		3,629
Hang Lung Properties Ltd		416,000		913
Hisense Home Appliances Group Co Ltd, Cl H		403,534		442
Huatai Securities Co Ltd, Cl H		2,561,200		4,530
Kingboard Laminates Holdings Ltd		1,007,000		1,248
Kunlun Energy Co Ltd		1,036,000		915
Li Ning Co Ltd		723,000		2,167
Link REIT ‡		312,438		3,308
Logan Property Holdings Co Ltd		3,420,000		5,741
Meituan Dianping, Cl B *		78,800		1,031
Midea Real Estate Holding Ltd		360,019		1,104
Nine Dragons Paper Holdings Ltd		1,193,000		1,240
Postal Savings Bank of China Co Ltd, Cl H		2,955,000		2,010
Q Technology Group Co Ltd *		344,000		569
Shenzhen Expressway Co Ltd, Cl H		406,000		583
Shimao Property Holdings Ltd		640,000		2,481
Sino Biopharmaceutical Ltd		414,000		579
SJM Holdings Ltd		3,143,000		3,578
Sun Art Retail Group Ltd		512,000		621
Sunac China Holdings Ltd		672,409		4,017
Sunny Optical Technology Group Co Ltd		570,100		9,870
Techtronic Industries Co Ltd		323,925		2,642
Times China Holdings Ltd		316,667		606
Times Neighborhood Ltd *		116,923		73
Yuexiu Transport Infrastructure Ltd		622,000		553

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Zoomlion Heavy Industry Science and Technology Co Ltd (A)		1,265,800	$	1,061
				146,602
Hungary — 0.4%
MOL Hungarian Oil & Gas PLC		202,145		2,017
OTP Bank Nyrt		27,246		1,427
Richter Gedeon Nyrt		226,427		4,930
				8,374
India — 8.3%
ACC Ltd		77,785		1,575
Avanti Feeds Ltd		64,997		532
Axis Bank Ltd		148,303		1,567
Bandhan Bank Ltd		247,047		1,759
Bharti Airtel Ltd *		305,205		1,949
Dabur India Ltd		87,003		559
DLF Ltd		505,681		1,636
Dr Reddy’s Laboratories Ltd		46,717		1,882
Dr Reddy’s Laboratories Ltd ADR		20,928		849
HCL Technologies Ltd		133,512		1,063
HDFC Asset Management Co Ltd		9,421		422
HDFC Bank Ltd		303,928		5,417
HDFC Bank Ltd ADR		97,762		6,195
Hero MotoCorp Ltd		57,204		1,958
Hindustan Petroleum Corp Ltd		611,447		2,266
Hindustan Unilever Ltd		164,230		4,425
Housing Development Finance Corp Ltd		373,043		12,609
ICICI Bank Ltd		1,962,132		14,814
ICICI Bank Ltd ADR		564,707		8,521
ICICI Lombard General Insurance Co Ltd		177,285		3,444
Infosys Ltd		449,636		4,606
Infosys Ltd ADR		85,464		882
ITC Ltd		1,760,053		5,861
JM Financial Ltd		528,780		698
JSW Steel Ltd		293,309		1,110
Larsen & Toubro Ltd		66,652		1,212
Mahindra & Mahindra Ltd		235,240		1,752
Manappuram Finance Ltd		286,462		712
Metropolis Healthcare Ltd *		66,204		1,346
Motherson Sumi Systems Ltd		265,139		544
Mphasis Ltd		74,801		966
Multi Commodity Exchange of India Ltd		64,594		1,057
Muthoot Finance Ltd *		92,654		988
Nestle India Ltd		3,125		647
Petronet LNG Ltd		143,637		539
Power Finance Corp Ltd *		330,242		546
Power Grid Corp of India Ltd		2,558,963		6,821
Reliance Industries Ltd		655,176		13,897
Reliance Industries Ltd GDR		565,796		24,075
Shriram Transport Finance Co Ltd		174,420		2,862
Tata Chemicals Ltd		151,917		1,420

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Tata Consultancy Services Ltd		59,043	$	1,788
Tech Mahindra Ltd		67,039		716
United Spirits Ltd *		302,561		2,541
UPL Ltd		321,934		2,636
Wipro Ltd		193,717		667
WNS Holdings Ltd ADR *		8,529		564
Zee Entertainment Enterprises Ltd		406,956		1,666
				156,561
Indonesia — 1.0%
Ace Hardware Indonesia Tbk PT		8,428,700		907
Astra International Tbk PT		4,106,500		2,040
Bank Central Asia Tbk PT		180,067		433
Bank Rakyat Indonesia Persero Tbk PT		27,334,119		8,628
Bank Tabungan Pensiunan Nasional Syariah Tbk PT *		2,344,400		720
Indofood Sukses Makmur Tbk PT		701,377		399
Kalbe Farma Tbk PT		4,622,600		538
Map Aktif Adiperkasa PT *		3,611,900		1,375
Mitra Adiperkasa Tbk PT		3,751,500		285
Perusahaan Gas Negara Tbk PT		11,471,100		1,792
Telekomunikasi Indonesia Persero Tbk PT		8,426,100		2,403
				19,520
Malaysia — 0.5%
Gamuda Bhd		732,700		698
Inari Amertron Bhd		5,267,575		2,189
Malayan Banking Bhd		1,002,500		2,117
MISC Bhd		374,875		765
RHB Bank Bhd		2,062,000		2,914
Syarikat Takaful Malaysia Keluarga Bhd		268,828		375
UEM Sunrise Bhd *		1,993,595		344
Westports Holdings Bhd		487,600		502
				9,904
Mexico — 2.3%
Alfa SAB de CV, Cl A		1,753,700		1,454
Alsea SAB de CV *		802,045		2,116
America Movil SAB de CV ADR, Cl L		115,996		1,856
Arca Continental SAB de CV		90,800		481
Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand ADR		355,435		2,410
Cemex SAB de CV ADR		149,406		565
Coca-Cola Femsa SAB de CV ADR		56,121		3,402
Controladora Vuela Cia de Aviacion SAB de CV ADR *		30,158		314
Fibra Uno Administracion SA de CV		499,315		774
Fomento Economico Mexicano SAB de CV		497,929		4,702
Fomento Economico Mexicano SAB de CV ADR		19,049		1,801
Gruma SAB de CV, Cl B		85,175		874

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Grupo Aeroportuario del Centro Norte SAB de CV ADR		7,310	$	438
Grupo Aeroportuario del Sureste SAB de CV ADR		2,877		539
Grupo Financiero Banorte SAB de CV, Cl O		1,518,154		8,486
Grupo Mexico SAB de CV, Ser B		948,384		2,611
Grupo Televisa SAB ADR		421,695		4,947
Infraestructura Energetica Nova SAB de CV		441,100		2,074
Orbia Advance Corp SAB de CV		475,081		1,014
Qualitas Controladora SAB de CV		191,603		808
Wal-Mart de Mexico SAB de CV		623,412		1,792
				43,458
Netherlands — 0.2%
Prosus NV *		34,919		2,613
VEON Ltd ADR		291,057		737
				3,350
Panama — 0.2%
Copa Holdings SA, Cl A		40,091		4,333
Peru — 0.7%
Cia de Minas Buenaventura SAA ADR		133,640		2,018
Credicorp Ltd		49,157		10,477
				12,495
Philippines — 0.7%
Ayala Corp		65,450		1,015
BDO Unibank Inc		1,217,275		3,798
First Gen Corp		783,754		374
Globe Telecom Inc		59,727		2,382
GT Capital Holdings Inc		101,434		1,696
International Container Terminal Services Inc		294,250		745
Manila Electric Co		28,870		181
Metropolitan Bank & Trust Co		2,612,164		3,422
Security Bank Corp		97,310		374
				13,987
Poland — 0.7%
CD Projekt SA		6,879		508
Dino Polska SA *		151,839		5,784
Grupa Lotos SA		38,665		853
Polski Koncern Naftowy ORLEN SA		44,149		1,001
Powszechny Zaklad Ubezpieczen SA		504,991		5,342
Warsaw Stock Exchange		14,019		146
				13,634
Portugal — 0.3%
Galp Energia SGPS SA, Cl B		286,916		4,812
Qatar — 0.1%
Commercial Bank PSQC/The		278,400		359
Qatar Gas Transport Co Ltd		555,980		365
Qatar International Islamic Bank QSC		347,200		923
				1,647

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Russia — 5.8%
Detsky Mir PJSC		1,097,591	$	1,767
Gazprom PJSC		389,260		1,607
Gazprom PJSC ADR		1,067,465		8,777
LUKOIL PJSC ADR		213,958		21,146
Mail.Ru Group Ltd GDR *		152,809		3,410
MMC Norilsk Nickel PJSC ADR		130,376		3,975
Mobile TeleSystems PJSC ADR		77,665		788
Novatek PJSC GDR		161		33
Rosneft Oil Co PJSC GDR		665,547		4,797
Sberbank of Russia PJSC		733,815		3,010
Sberbank of Russia PJSC ADR (A)		1,771,715		29,065
X5 Retail Group NV GDR		124,706		4,302
Yandex NV, Cl A *		611,096		26,577
				109,254
Saudi Arabia — 0.2%
Al Rajhi Bank		91,351		1,593
Samba Financial Group		109,958		951
Saudi Arabian Fertilizer Co		67,275		1,390
				3,934
South Africa — 2.8%
Absa Group Ltd		55,496		593
African Rainbow Minerals Ltd		50,812		595
AngloGold Ashanti Ltd		81,573		1,846
AngloGold Ashanti Ltd ADR		136,018		3,039
Bid Corp Ltd		163,100		3,851
Bidvest Group Ltd/The		37,174		544
Capitec Bank Holdings Ltd		56,221		5,814
FirstRand Ltd		746,949		3,355
Foschini Group Ltd/The		89,572		958
Impala Platinum Holdings Ltd *		68,124		699
JSE Ltd		209,557		1,791
Liberty Holdings Ltd		64,340		509
Mediclinic International PLC		324,063		1,788
Mr Price Group Ltd		156,519		2,043
Naspers Ltd, Cl N		53,721		8,801
Nedbank Group Ltd		98,597		1,511
Netcare Ltd		433,265		603
Old Mutual Ltd		787,228		1,107
Petra Diamonds Ltd *		1,651,395		193
RMB Holdings Ltd		388,920		2,237
Sibanye Gold Ltd ADR *		51,778		514
SPAR Group Ltd/The		151,992		2,147
Standard Bank Group Ltd		672,011		8,089
Vodacom Group Ltd		84,110		694
				53,321
South Korea — 12.8%
BGF retail Co Ltd *		4,113		601
BH Co Ltd *(A)		20,954		398
Cheil Worldwide Inc *		82,287		1,711

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Com2uSCorp (A)		29,920	$	2,764
Daelim Industrial Co Ltd *		5,821		455
DB HiTek Co Ltd *(A)		45,969		1,092
DB Insurance Co Ltd *		63,468		2,859
Doosan Bobcat Inc		60,051		1,784
Douzone Bizon Co Ltd *(A)		28,826		2,019
GS Holdings Corp *		28,841		1,283
Hana Financial Group Inc		89,381		2,844
Hankook Tire & Technology Co Ltd *		33,016		954
Hanwha Chemical Corp		63,444		1,028
Hotel Shilla Co Ltd *(A)		36,171		2,832
Hyundai Department Store Co Ltd *		20,424		1,463
Hyundai Mobis Co Ltd (A)		5,530		1,222
Hyundai Motor Co		5,519		573
Kakao Corp (A)		26,092		3,462
Kangwon Land Inc *		60,735		1,551
KB Financial Group Inc		82,781		3,396
KCC Corp (A)		4,515		911
Kia Motors Corp *		85,778		3,276
Korea Zinc Co Ltd *		2,131		782
KT&G Corp		10,540		854
LG Chem Ltd *(A)		13,889		3,810
LG Corp *		31,879		2,031
LG Electronics Inc		26,030		1,617
LG Household & Health Care Ltd *		2,212		2,406
LG Innotek Co Ltd *(A)		5,331		644
LG Uplus Corp *		116,484		1,428
Lotte Chilsung Beverage Co Ltd *		10,793		1,306
Lotte Confectionery Co Ltd *(A)		4,024		519
Lotte Corp (A)		24,569		825
Mando Corp *		30,814		934
Medy-Tox Inc (A)		9,823		2,547
NAVER Corp *		58,861		9,475
NCSoft Corp *(A)		23,760		11,103
Orion Corp/Republic of Korea *		46,613		4,242
Partron Co Ltd (A)		116,203		1,326
Samsung Biologics Co Ltd *(A)		6,118		2,281
Samsung Electro-Mechanics Co Ltd *(A)		34,440		3,711
Samsung Electronics Co Ltd		1,728,660		83,198
Samsung Engineering Co Ltd *(A)		29,493		488
Samsung Life Insurance Co Ltd *(A)		21,761		1,396
Shinhan Financial Group Co Ltd		16,559		620
SK Hynix Inc		384,453		31,025
SK Telecom Co Ltd		55,588		11,408
SK Telecom Co Ltd ADR		274,320		6,339
S-Oil Corp (A)		44,806		3,686
WONIK IPS Co Ltd *(A)		132,161		4,083
Woongjin Coway Co Ltd		72,190		5,806
Woori Financial Group Inc		348,656		3,487
				241,855

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Switzerland — 0.1%
Wizz Air Holdings Plc *		45,954	$	2,371
Taiwan — 11.3%
Accton Technology Corp		643,200		3,605
Airtac International Group		216,000		3,361
ASE Technology Holding Co Ltd		817,372		2,269
Asia Cement Corp		1,569,000		2,510
Asustek Computer Inc		64,862		501
Bizlink Holding Inc		475,000		3,573
Catcher Technology Co Ltd		780,040		5,907
Cathay Financial Holding Co Ltd		731,000		1,038
Chailease Holding Co Ltd		1,084,262		4,991
Chang Hwa Commercial Bank Ltd		765,000		579
Chicony Electronics Co Ltd		187,000		555
Chilisin Electronics Corp		336,000		1,435
Chunghwa Telecom Co Ltd		139,000		510
CTBC Financial Holding Co Ltd		5,358,000		4,004
Elite Material Co Ltd		450,400		2,058
eMemory Technology Inc		172,200		2,048
Foxconn Technology Co Ltd		206,000		455
Fubon Financial Holding Co Ltd		1,857,000		2,874
Globalwafers Co Ltd		218,000		2,782
Hiwin Technologies Corp		259,019		2,428
Hon Hai Precision Industry Co Ltd		2,690,003		8,148
Huaku Development Co Ltd		173,000		534
King Yuan Electronics Co Ltd		426,000		534
LandMark Optoelectronics Corp		192,000		1,979
Largan Precision Co Ltd		12,446		2,076
Lite-On Technology Corp		538,000		886
Macronix International		1,388,000		1,722
Makalot Industrial Co Ltd		315,900		1,660
MediaTek Inc		1,351,170		19,990
Merida Industry Co Ltd		365,000		2,149
Micro-Star International Co Ltd		963,000		2,785
Novatek Microelectronics Corp		62,429		456
Parade Technologies Ltd		175,600		3,603
Pegatron Corp		260,000		593
Pou Chen		502,000		656
Powertech Technology Inc		237,000		789
Radiant Opto-Electronics Corp		123,000		492
Realtek Semiconductor Corp		77,000		604
Silergy Corp		70,890		2,247
Silicon Motion Technology Corp ADR		70,124		3,556
Simplo Technology Co Ltd		41,000		414
Sino-American Silicon Products Inc		250,000		829
SinoPac Financial Holdings Co Ltd		2,371,428		1,028
Standard Foods Corp		127,333		296
Taiwan Business Bank		1,510,986		635
Taiwan Semiconductor Manufacturing Co Ltd		6,840,276		75,529
Taiwan Semiconductor Manufacturing Co Ltd ADR		254,183		14,768

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Teco Electric and Machinery Co Ltd		746,000	$	652
Topco Scientific Co Ltd		115,000		405
Tripod Technology Corp		111,000		465
Unimicron Technology Corp		292,000		409
Uni-President Enterprises Corp		1,229,000		3,042
United Microelectronics Corp		1,272,000		698
Win Semiconductors Corp		416,681		4,087
Wistron Corp		850,000		804
Wiwynn Corp *		30,000		635
Yageo Corp		162,000		2,362
Yuanta Financial Holding Co Ltd		2,151,000		1,449
Zhen Ding Technology Holding Ltd		121,000		577
				212,026
Thailand — 1.9%
Advanced Info Service PCL		313,900		2,232
Advanced Info Service PCL NVDR		90,700		645
Airports of Thailand PCL NVDR		228,100		565
Bangkok Bank PCL		299,000		1,596
Charoen Pokphand Foods PCL NVDR		749,900		687
Com7 PCL		1,687,100		1,487
CP ALL PCL		1,903,500		4,591
CP ALL PCL NVDR		738,763		1,781
Electricity Generating PCL NVDR		61,300		671
Home Product Center PCL		14,896,454		7,940
Minor International PCL NVDR		2,767,747		3,324
PTT Exploration & Production PCL		214,800		890
PTT PCL		1,123,700		1,649
Robinson PCL		1,383,400		3,047
Sino-Thai Engineering & Construction PCL NVDR		856,600		406
Thai Beverage PCL		2,435,100		1,612
Thanachart Capital PCL NVDR		261,300		467
Tipco Asphalt PCL NVDR		667,177		472
Tisco Financial Group PCL NVDR		235,900		782
TOA Paint Thailand PCL NVDR		268,800		352
				35,196
Turkey — 1.2%
Akbank T.A.S. *		3,046,528		4,152
Anadolu Efes Biracilik Ve Malt Sanayii AS		152,949		593
Ford Otomotiv Sanayi AS		70,869		844
KOC Holding AS (A)		219,059		748
Koza Altin Isletmeleri AS *		38,580		480
Mavi Giyim Sanayi Ve Ticaret AS, Cl B *		138,326		1,346
Sok Marketler Ticaret AS *		916,381		1,657
Tofas Turk Otomobil Fabrikasi AS		124,885		564
Turk Hava Yollari AO *(A)		1,099,900		2,672
Turkcell Iletisim Hizmetleri AS		1,426,057		3,307
Turkcell Iletisim Hizmetleri AS ADR		51,919		301
Turkiye Garanti Bankasi AS *		2,268,867		4,247
Turkiye Is Bankasi AS, Cl C *(A)		473,354		510

Description	Shares		Market Value ($ Thousands)
COMMON STOCK (continued)
Turkiye Sise ve Cam Fabrikalari AS (A)		1,573,639	$	1,393
Yapi ve Kredi Bankasi AS *		1,208,883		504
				23,318
United Arab Emirates — 0.5%
Abu Dhabi Commercial Bank PJSC		784,070		1,691
Abu Dhabi Islamic Bank PJSC		374,457		549
Air Arabia PJSC *		998,551		438
Aldar Properties PJSC		2,871,732		1,689
DP World PLC		81,184		1,063
Dubai Islamic Bank PJSC		730,596		1,096
Emaar Properties PJSC		2,096,228		2,294
Emirates NBD Bank PJSC		124,574		441
				9,261
United Kingdom — 1.2%
Anglo American PLC		124,158		3,541
Etalon Group PLC GDR		56,800		99
Halyk Savings Bank of Kazakhstan JSC GDR		66,132		883
KAZ Minerals PLC		941,946		6,631
Mail.Ru Group Ltd GDR *		13,035		291
Network International Holdings PLC *		124,137		1,054
Novatek PJSC GDR		15,339		3,114
Polyus PJSC GDR		20,468		1,171
Rio Tinto PLC		68,130		4,064
Tullow Oil PLC *		2,382,934		2,020
				22,868
United States — 0.6%
Liberty Latin America Ltd, Cl C *		122,593		2,386
Pagseguro Digital Ltd, Cl A *		138,977		4,748
Seaspan Corp, Cl A		35,506		504
Southern Copper Corp		25,781		1,095
StoneCo Ltd, Cl A *		50,700		2,022
				10,755
Vietnam — 0.2%
Hoa Phat Group JSC *		1,883,862		1,910
Vincom Retail JSC		1,273,675		1,869
				3,779
Total Common Stock (Cost $1,420,753) ($ Thousands)				1,791,310
PREFERRED STOCK — 1.9%
Brazil — 1.5%
Alpargatas SA * (B)		45,510		376
Banco Bradesco SA * (B)		411,520		3,700
Centrais Eletricas Brasileiras SA (B)		56,700		539
Cia Brasileira de Distribuicao ADR * (B)		123,999		2,712
Cia de Transmissao de Energia Eletrica Paulista (B)		88,409		496
Cia Paranaense de Energia (B)		51,677		887
Itau Unibanco Holding SA (B)		583,553		5,382
Itau Unibanco Holding SA ADR (B)		455,714		4,170

Description	Shares		Market Value ($ Thousands)
PREFERRED STOCK (continued)
Metalurgica Gerdau SA, Cl A (B)		322,493	$	744
Petroleo Brasileiro SA (B)		781,692		5,865
Petroleo Brasileiro SA ADR, Cl A (B)		157,989		2,357
Randon SA Implementos e Participacoes (B)		195,180		650
Telefonica Brasil SA (B)		51,299		739
				28,617
Colombia — 0.1%
Grupo Aval Acciones y Valores SA (B)		1,797,174		800
South Korea — 0.3%
Samsung Electronics Co Ltd (A) (B)		157,316		6,154
Total Preferred Stock (Cost $28,343) ($ Thousands)				35,571
	Number of Participation Notes
PARTICIPATION NOTES — 0.5%
China — 0.2%
Offshore Oil Engineering, Expires 03/28/2020 *		3,604,839		3,821
Luxembourg — 0.1%
Beijing Sinnet Technology Co Ltd, Expires 10/19/2020 *		600,015		1,729
Switzerland — 0.2%
Han’s Laser, Expires 03/27/2020 *		536,950		3,084
Ping An Insurance Group Co, Expires 10/16/2020 *		21,000		258
				3,342
United States — 0.0%
China Merchants Energy Shipping Co Ltd, Expires 11/24/2020 *		223,898		266
COSCO SHIPPING Energy Transportation Co Ltd, Expires 11/24/2020 *		704,330		645
				911
Total Participation Notes (Cost $9,269) ($ Thousands)				9,803
	Number of Warrants
WARRANTS — 0.0%
Thailand — 0.0%
Minor International PCL, Expires 09/30/2021 *		162,947		18
Total Warrants (Cost $—) ($ Thousands)				18

		Face Amount (Thousands)
DEBENTURE BOND — 0.0%
Brazil — 0.0%
Vale, Ser 1997 0.000%, VAR N/A0.000%, 03/30/2168	BRL		8	$	–
Total Debenture Bond (Cost $—) ($ Thousands)					–
		Shares
AFFILIATED PARTNERSHIP — 2.3%
SEI Liquidity Fund, L.P.       1.600% **†(C)			42,855,362		42,863
Total Affiliated Partnership (Cost $42,856) ($ Thousands)					42,863
CASH EQUIVALENT — 1.1%
SEI Daily Income Trust, Government Fund, Cl F     1.500%**†			21,304,308		21,304
Total Cash Equivalent (Cost $21,304) ($ Thousands)					21,304
Total Investments in Securities — 100.8% (Cost $1,522,525) ($ Thousands)				$	1,900,869

A list of the open futures contracts held by the Fund at December 31, 2019, is as follows:

Type of Contract	Number of Contracts Long		Expiration Date		Notional Amount (Thousands)		Value     (Thousands)		Unrealized Appreciation (Thousands)
MSCI Emerging Markets		429		Mar-2020	$	23,534	$	24,028	$	494

Percentages are based on Net Assets of $1,885,560 ($ Thousands).

* Non-income producing security.

** The rate reported is the 7-day effective yield as of December 31, 2019.

^†  Investment in Affiliated Security.

^‡  Real Estate Investment Trust.

(A) Certain securities or partial positions of certain securities are on loan at December 31, 2019. The total market value of securities on loan at December 31, 2019 was $28,983 ($ Thousands).

(B) There is currently no rate available.

(C) This security was purchased with cash collateral held from securities on loan. The total market value of such securities as of December 31, 2019 was $42,863 ($ Thousands).

ADR — American Depositary Receipt

BRL — Brazilian Real

Cl — Class

GDR — Global Depositary Receipt

JSC — Joint-Stock Company

JSE — Johannesburg Stock Exchange

L.P. — Limited Partnership

Ltd. — Limited

MSCI — Morgan Stanley Capital International

NVDR — Non-Voting Depositary Receipt

PJSC — Public Joint-Stock Company

PLC — Public Limited Company

REIT — Real Estate investment Trust

The following is a list of the level of inputs used as of December 31, 2019, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

Investments in Securities	Level 1 ($)		Level 2 ($)		Level 3 ($)		Total ($)
Common Stock		1,789,639		1,671		–		1,791,310
Preferred Stock		35,571		–		–		35,571
Participation Notes		3,821		5,982		–		9,803
Warrants		–		18		–		18
Debenture Bond		–		–		–		–
Deposit with Counterparty as Collateral for Swap Contracts		–		–		–		–
Global Bond		–		–		–		–
Affiliated Partnership		–		42,863		–		42,863
Cash Equivalent		21,304		–		–		21,304
Total Investments in Securities		1,850,335		50,534		–		1,900,869
Other Financial Instruments	Level 1 ($)		Level 2 ($)		Level 3 ($)		Total ($)
Futures Contracts*
Unrealized Appreciation		494		–		–		494
Total Other Financial Instruments		494		–		–		494

*Futures contracts are valued at the unrealized appreciation on the instrument.

For the period ended December 31, 2019, there were no transfers in or out of Level 3.

For information on the Fund’s policy regarding valuation of investments, fair value hierarchy levels and other significant accounting policies, please refer to the Fund’s most recent financial statements.

The following is a summary of the transactions with affiliates for the period ended December 31, 2019 ($ Thousands):

Security Description	Value 9/30/19 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Realized Gain (Loss) ($)		Change in Unrealized Appreciation (Depreciation) ($)		Value 12/31/19 ($)		Shares		Income ($)		Capital Gains ($)
SEI Liquidity Fund, L.P.		48,638		64,687		(70,462	)		—		—		42,863		42,855,362		102		—
SEI Daily Income Trust, Government Fund, Cl F		29,816		40,227		(48,739	)		—		—		21,304		21,304,308		106		—
		78,454		104,914		(119,201	)		—		—		64,167		64,159,670		208		—

Amounts designated as “—” are either $0 or have been rounded to $0.

SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2019

International Fixed Income Fund

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS — 95.3%
Australia — 1.4%
Australia & New Zealand Banking Group
4.500%, 03/19/2024 (A)			200	$	213
Australia & New Zealand Banking Group MTN
5.000%, 08/16/2023	AUD		750		591
3.625%, 07/18/2022	EUR		300		370
Australia Government Bond
4.750%, 04/21/2027	AUD		820		718
4.500%, 04/15/2020	AUD		185		131
4.500%, 04/21/2033	AUD		195		187
3.750%, 04/21/2037	AUD		393		361
3.000%, 03/21/2047	AUD		70		59
2.750%, 04/21/2024	AUD		1,230		928
2.750%, 05/21/2041	AUD		322		261
BHP Billiton Finance
4.750%, VAR EUR Swap Annual 5 Yr+4.363%, 04/22/2076	EUR		101		120
Commonwealth Bank of Australia
4.500%, 12/09/2025 (A)			450		487
Commonwealth Bank of Australia MTN
3.000%, 05/03/2022	EUR		330		398
0.375%, 04/11/2024	EUR		455		520
National Australia Bank
5.000%, 03/11/2024	AUD		750		598
National Australia Bank MTN
2.250%, 06/06/2025	EUR		206		259
Westpac Banking Corp MTN
1.500%, 03/24/2021	EUR		220		252
0.500%, 05/17/2024	EUR		455		523
					6,976
Austria — 1.3%
JAB Holdings BV
1.250%, 05/22/2024	EUR		200		233
Republic of Austria Government Bond (A)
4.150%, 03/15/2037	EUR		326		596
3.650%, 04/20/2022	EUR		1,135		1,399
3.150%, 06/20/2044	EUR		325		583
2.400%, 05/23/2034	EUR		110		160
2.100%, 09/20/2117	EUR		75		133
1.500%, 02/20/2047	EUR		95		130
0.750%, 10/20/2026	EUR		749		895
0.500%, 02/20/2029	EUR		885		1,036
0.000%, 07/15/2024 (D)	EUR		765		873

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Republic of Austria Government Bond, Ser 97-6
6.250%, 07/15/2027	EUR		288	$	479
					6,517
Belgium — 2.0%
Anheuser-Busch InBev MTN
2.250%, 05/24/2029	GBP		205		279
1.500%, 03/17/2025	EUR		415		499
1.125%, 07/01/2027	EUR		230		271
Anheuser-Busch InBev Finance
2.600%, 05/15/2024	CAD		550		424
KBC Group
4.250%, VAR EUR Swap Annual 5 Yr+3.594%, 10/24/2168	EUR		200		232
Kingdom of Belgium Government Bond
4.250%, 03/28/2041 (A)	EUR		440		840
3.750%, 09/28/2020 (A)	EUR		2,126		2,463
3.750%, 06/22/2045	EUR		229		433
3.000%, 06/22/2034 (A)	EUR		346		531
1.700%, 06/22/2050 (A)	EUR		320		432
1.600%, 06/22/2047 (A)	EUR		310		412
1.000%, 06/22/2031 (A)	EUR		490		598
0.800%, 06/22/2028 (A)	EUR		1,249		1,496
0.500%, 10/22/2024 (A)	EUR		1,100		1,284
Kingdom of Belgium Government Bond, Ser 44
5.000%, 03/28/2035 (A)	EUR		64		120
					10,314
Brazil — 0.3%
Brazil Notas do Tesouro Nacional, Serie B
6.000%, 08/15/2050	BRL		1,203		1,432
Minerva Luxembourg
6.500%, 09/20/2026 (A)			290		308
Odebrecht Finance
7.125%, 06/26/2042 (B)			280		17
4.375%, 04/25/2025 (B)			200		10
					1,767
Canada — 6.3%
Bank of Montreal
0.750%, 09/21/2022	EUR		235		271
Bank of Montreal MTN
0.125%, 04/19/2021	EUR		280		316
Bank of Nova Scotia MTN
0.750%, 09/17/2021	EUR		570		651
Bell Canada MTN
4.700%, 09/11/2023	CAD		80		66
Canada Housing Trust No. 1 (A)
2.250%, 12/15/2025	CAD		2,235		1,745
1.750%, 06/15/2022	CAD		2,465		1,897

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Canadian Government Bond
5.750%, 06/01/2033	CAD		1,205	$	1,371
5.000%, 06/01/2037	CAD		816		933
2.750%, 12/01/2048	CAD		400		377
2.750%, 12/01/2048	CAD		300		283
2.500%, 06/01/2024	CAD		1,043		832
2.250%, 06/01/2029	CAD		3,537		2,857
1.500%, 06/01/2026	CAD		7,545		5,749
1.000%, 09/01/2022	CAD		1,268		961
1.000%, 06/01/2027	CAD		1,375		1,007
0.750%, 09/01/2021	CAD		655		497
Canadian Imperial Bank of Commerce
0.240%, 07/25/2022	EUR		445		502
Enbridge MTN
4.530%, 03/09/2020	CAD		2,800		2,168
Export Development Canada MTN
2.400%, 06/07/2021	AUD		1,259		900
Husky Energy
4.400%, 04/15/2029			205		221
National Bank of Canada
1.500%, 03/25/2021	EUR		345		396
Province of Manitoba Canada
3.850%, 12/01/2021	CAD		710		568
Province of Ontario Canada
4.700%, 06/02/2037	CAD		1,355		1,364
4.650%, 06/02/2041	CAD		540		561
2.800%, 06/02/2048	CAD		2,200		1,796
2.600%, 06/02/2025	CAD		1,614		1,276
2.400%, 06/02/2026	CAD		585		458
Province of Ontario Canada MTN
1.650%, 06/08/2020	JPY		100,000		926
Province of Quebec Canada
6.250%, 06/01/2032	CAD		720		780
3.500%, 12/01/2048	CAD		520		485
Rogers Communications
4.000%, 06/06/2022	CAD		165		133
					32,347
China — 2.8%
China Development Bank
4.880%, 02/09/2028			10,600		1,649
3.480%, 01/08/2029	CNY		11,000		1,552
0.125%, 01/24/2020	EUR		1,300		1,460
China Government Bond
3.860%, 07/22/2049	CNY		14,720		2,170
3.250%, 06/06/2026	CNY		48,640		7,058
Tencent Holdings MTN
3.975%, 04/11/2029 (A)			260		281
Weibo
3.500%, 07/05/2024			200		203
					14,373

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Colombia — 0.5%
Colombian TES
10.000%, 07/24/2024	COP		1,833,400	$	661
7.750%, 09/18/2030	COP		2,160,100		728
7.500%, 08/26/2026	COP		1,100,600		366
7.000%, 05/04/2022	COP		521,100		166
7.000%, 06/30/2032	COP		412,100		131
6.000%, 04/28/2028	COP		1,112,100		337
					2,389
Czech Republic — 0.2%
Czech Republic Government Bond
4.700%, 09/12/2022	CZK		7,470		357
2.500%, 08/25/2028	CZK		14,630		692
					1,049
Denmark — 0.4%
Danske Bank
3.875%, 09/12/2023 (A)			270		281
Danske Bank MTN
5.875%, VAR EUR Swap Annual 7 Yr+5.471%, 10/06/2168	EUR		344		413
Kingdom of Denmark
4.500%, 11/15/2039	DKK		2,040		572
1.500%, 11/15/2023	DKK		4,025		652
Orsted
6.250%, VAR EUR Swap Annual 5 Yr+4.750%, 06/26/3013	EUR		210		277
					2,195
Egypt — 0.0%
Egypt Government International Bond MTN
4.750%, 04/11/2025 (A)	EUR		170		201
Finland — 0.2%
Finland Government Bond (A)
2.000%, 04/15/2024	EUR		482		598
1.375%, 04/15/2047	EUR		130		176
0.500%, 09/15/2029	EUR		445		521
					1,295
France — 8.5%
BNP Paribas
3.375%, 01/09/2025 (A)			395		410
BNP Paribas MTN
3.375%, 01/23/2026	GBP		490		708
BPCE
5.150%, 07/21/2024			310		340
BPCE MTN
1.125%, 01/18/2023	EUR		300		347
BPCE SFH MTN
3.750%, 09/13/2021	EUR		200		240
Bpifrance Financement
0.055%, 11/25/2022 (D)	EUR		600		678

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Caisse Francaise de Financement Local MTN
3.000%, 10/02/2028	EUR		100	$	140
0.500%, 01/19/2026	EUR		500		579
Caisse Nationale de Reassurance Mutuelle Agricole Groupama
6.000%, 01/23/2027	EUR		400		571
Cie de Financement Foncier
0.375%, 12/11/2024	EUR		300		345
Cie de Financement Foncier MTN
5.500%, 01/26/2027	GBP		387		656
CNP Assurances
4.500%, VAR Euribor 3 Month+4.600%, 06/10/2047	EUR		200		271
1.875%, 10/20/2022	EUR		200		235
Credit Agricole Assurances
4.750%, VAR EUR Swap Annual 5 Yr+5.350%, 09/27/2048	EUR		100		138
Credit Agricole Home Loan SFH MTN
1.250%, 03/24/2031	EUR		300		372
Dexia Credit Local MTN
0.625%, 01/21/2022	EUR		1,550		1,772
0.625%, 02/03/2024	EUR		200		231
0.500%, 01/17/2025	EUR		300		346
Electricite de France MTN
5.375%, VAR EUR Swap Annual 12 Yr+3.794%, 01/29/2168	EUR		200		259
4.000%, 11/12/2025	EUR		350		481
2.250%, 04/27/2021	EUR		100		116
Engie
3.250%, VAR EUR Swap Annual 5 Yr+3.169%, 02/28/2168	EUR		300		369
Engie MTN
0.875%, 03/27/2024	EUR		300		348
0.375%, 02/28/2023	EUR		100		114
Europcar Mobility Group
4.000%, 04/30/2026 (A)	EUR		170		185
French Republic Government Bond OAT
5.750%, 10/25/2032	EUR		403		766
4.500%, 04/25/2041	EUR		580		1,150
4.000%, 10/25/2038	EUR		345		626
4.000%, 04/25/2055	EUR		56		120
3.250%, 05/25/2045	EUR		2,061		3,626
1.750%, 05/25/2023	EUR		2,359		2,854
1.750%, 06/25/2039 (A)	EUR		60		81
1.750%, 05/25/2066 (A)	EUR		165		231
1.250%, 05/25/2034	EUR		800		1,006
0.750%, 05/25/2028	EUR		5,205		6,219
0.500%, 05/25/2029	EUR		2,176		2,540
0.000%, 03/25/2025 (D)	EUR		1,294		1,476
0.000%, 02/25/2020 (D)	EUR		1,990		2,235
0.000%, 02/25/2021 (D)	EUR		2,055		2,322

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
0.000%, 05/25/2021 (D)	EUR		1,685	$	1,907
0.000%, 05/25/2022 (D)	EUR		868		988
Orange MTN
2.500%, 03/01/2023	EUR		500		605
2.375%, VAR EUR Swap Annual 5 Yr+2.359%, 04/15/2168	EUR		300		355
SNCF Reseau EPIC MTN
5.500%, 12/01/2021	GBP		205		295
4.250%, 10/07/2026	EUR		200		287
2.250%, 12/20/2047	EUR		300		419
1.125%, 05/19/2027	EUR		300		359
1.125%, 05/25/2030	EUR		200		241
Societe Generale
4.250%, 04/14/2025 (A)			325		341
Societe Generale MTN
1.125%, 01/23/2025	EUR		100		116
Suez
2.875%, VAR EUR Swap Annual 5 Yr+2.504%, 04/19/2168	EUR		300		358
TOTAL MTN
3.369%, VAR EUR Swap Annual 5 Yr+3.350%, 10/06/2168	EUR		260		333
Total Capital International MTN
4.250%, 11/26/2021	AUD		640		473
UNEDIC ASSEO MTN
1.250%, 05/25/2033	EUR		700		868
					43,448
Germany — 6.6%
BMW Finance MTN
0.875%, 11/17/2020	EUR		585		663
0.454%, 01/29/2021	JPY		200,000		1,840
Bundesobligation
2.811%, 10/18/2024 (D)	EUR		5,874		6,745
Bundesrepublik Deutschland Bundesanleihe
4.000%, 01/04/2037	EUR		411		769
3.250%, 07/04/2042	EUR		1,378		2,586
2.500%, 08/15/2046	EUR		813		1,430
0.500%, 02/15/2026	EUR		863		1,023
0.250%, 02/15/2027	EUR		2,160		2,531
0.250%, 02/15/2029	EUR		1,678		1,966
0.245%, 08/15/2026	EUR		1,882		2,167
0.000%, 08/15/2029	EUR		1,215		1,389
Bundesrepublik Deutschland Bundesanleihe, Ser 03
4.750%, 07/04/2034	EUR		95		181
Bundesrepublik Deutschland Bundesanleihe, Ser 07
4.250%, 07/04/2039	EUR		123		248
Deutsche Telekom International Finance BV
2.225%, 01/17/2020 (A)			1,500		1,500

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Deutsche Telekom International Finance BV MTN
1.375%, 12/01/2025	EUR		165	$	196
0.625%, 04/03/2023	EUR		330		377
IHO Verwaltungs GmbH
3.625%, 05/15/2025 (A)	EUR		175		206
Kreditanstalt fuer Wiederaufbau
2.600%, 06/20/2037	JPY		160,000		2,158
0.500%, 09/15/2027	EUR		510		596
0.125%, 06/07/2023	EUR		1,135		1,295
Kreditanstalt fuer Wiederaufbau MTN
3.750%, 05/29/2020	NZD		483		329
2.800%, 02/17/2021	AUD		1,230		881
1.125%, 09/15/2032	EUR		500		622
1.125%, 05/09/2033	EUR		220		274
Landwirtschaftliche Rentenbank MTN
0.625%, 05/18/2027	EUR		225		265
Volkswagen Bank GmbH MTN
0.625%, 09/08/2021	EUR		200		227
Volkswagen International Finance
1.875%, 03/30/2027	EUR		500		594
1.125%, 10/02/2023	EUR		600		690
WEPA Hygieneprodukte GmbH
2.875%, 12/15/2027 (A)	EUR		108		125
					33,873
Ghana — 0.0%
Kosmos Energy
7.125%, 04/04/2026 (A)			200		205
Guernsey — 0.1%
Credit Suisse Group Funding Guernsey MTN
1.250%, 04/14/2022	EUR		295		340
Hungary — 0.0%
Hungary Government Bond
3.000%, 06/26/2024	HUF		75,010		279
India — 0.0%
Greenko Mauritius
6.250%, 02/21/2023 (A)			200		206
Indonesia — 0.1%
Indonesia Government International Bond
1.450%, 09/18/2026	EUR		300		349
Indonesia Government International Bond MTN
2.150%, 07/18/2024 (A)	EUR		200		239
					588
Ireland — 0.7%
AIB Group MTN
4.263%, VAR ICE LIBOR USD 3 Month+1.874%, 04/10/2025 (A)			450		477

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Allied Irish Banks MTN
4.125%, VAR EUR Swap Annual 5 Yr+3.950%, 11/26/2025	EUR		177	$	205
Bank of Ireland MTN
0.375%, 05/07/2022	EUR		555		632
CRH Funding MTN
1.875%, 01/09/2024	EUR		310		370
Europcar Mobility Group
4.125%, 11/15/2024 (A)	EUR		100		111
Ireland Government Bond
5.400%, 03/13/2025	EUR		351		509
4.500%, 04/18/2020	EUR		205		233
1.500%, 05/15/2050	EUR		165		211
1.100%, 05/15/2029	EUR		670		821
					3,569
Israel — 0.2%
Israel Government Bond
5.500%, 01/31/2042	ILS		276		141
4.250%, 03/31/2023	ILS		2,521		846
2.000%, 03/31/2027	ILS		925		292
					1,279
Italy — 5.9%
Assicurazioni Generali MTN
5.500%, VAR Euribor 3 Month+5.350%, 10/27/2047	EUR		230		317
Enel
5.000%, VAR EUR Swap Annual 5 Yr+3.648%, 01/15/2075	EUR		105		118
3.500%, VAR EUR Swap Annual 5 Yr+3.564%, 05/24/2080	EUR		175		213
Enel Finance International
2.650%, 09/10/2024 (A)			340		341
Enel Finance International MTN
5.625%, 08/14/2024	GBP		160		251
Eni
4.250%, 05/09/2029 (A)			515		566
Intesa Sanpaolo MTN
5.017%, 06/26/2024 (A)			530		557
3.625%, 12/05/2022	EUR		200		249
Italy Buoni Poliennali Del Tesoro
5.000%, 09/01/2040 (A)	EUR		1,393		2,273
3.850%, 09/01/2049 (A)	EUR		832		1,209
3.750%, 05/01/2021 (A)	EUR		386		456
3.500%, 03/01/2030 (A)	EUR		831		1,117
3.350%, 03/01/2035 (A)	EUR		1,904		2,550
3.100%, 03/01/2040 (A)	EUR		975		1,252
3.000%, 08/01/2029	EUR		2,290		2,961
2.800%, 03/01/2067 (A)	EUR		90		105
2.450%, 09/01/2033 (A)	EUR		552		674
2.000%, 02/01/2028	EUR		894		1,072

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
1.350%, 04/01/2030	EUR		692	$	772
0.950%, 03/01/2023	EUR		1,530		1,754
0.900%, 08/01/2022	EUR		2,312		2,646
0.350%, 11/01/2021	EUR		2,605		2,946
0.350%, 02/01/2025	EUR		4,530		4,999
UniCredit MTN
6.572%, 01/14/2022 (A)			350		376
4.875%, VAR EUAMDB05+4.739%, 02/20/2029	EUR		220		275
Unione di Banche Italiane
1.000%, 01/27/2023	EUR		185		215
					30,264
Japan — 18.6%
Development Bank of Japan
2.300%, 03/19/2026	JPY		220,000		2,311
1.050%, 06/20/2023	JPY		132,000		1,261
Government of Japan 2 Year Bond
0.100%, 11/01/2020	JPY		649,250		5,986
0.100%, 04/01/2021	JPY		139,650		1,288
Government of Japan 5 Year Bond
0.100%, 03/20/2020	JPY		322,150		2,966
Government of Japan 10 Year Bond
0.900%, 06/20/2022	JPY		859,850		8,113
0.100%, 06/20/2026	JPY		39,650		370
0.100%, 03/20/2027	JPY		71,550		668
0.100%, 06/20/2027	JPY		125,400		1,171
Government of Japan 20 Year Bond
1.900%, 09/20/2022	JPY		406,050		3,943
1.700%, 06/20/2033	JPY		1,207,550		13,488
1.400%, 09/20/2034	JPY		444,650		4,843
1.000%, 12/20/2035	JPY		50,000		519
0.700%, 03/20/2037	JPY		92,700		923
0.500%, 09/20/2036	JPY		451,400		4,356
0.200%, 06/20/2036	JPY		169,400		1,561
Government of Japan 20 Year Bond, Ser 106
2.200%, 09/20/2028	JPY		14,550		160
Government of Japan 20 Year Bond, Ser 128
1.900%, 06/20/2031	JPY		17,150		191
Government of Japan 20 Year Bond, Ser 140
1.700%, 09/20/2032	JPY		709,350		7,864
Government of Japan 20 Year Bond, Ser 143
1.600%, 03/20/2033	JPY		58,550		645
Government of Japan 20 Year Bond, Ser 144
1.500%, 03/20/2033	JPY		149,750		1,632
Government of Japan 30 Year Bond
0.800%, 09/20/2047	JPY		549,500		5,598
0.300%, 06/20/2046	JPY		134,250		1,212
Government of Japan 30 Year Bond, Ser 29
2.400%, 09/20/2038	JPY		119,300		1,527
Government of Japan 30 Year Bond, Ser 30
2.300%, 03/20/2039	JPY		423,250		5,362

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Government of Japan 30 Year Bond, Ser 33
2.000%, 09/20/2040	JPY		212,700	$	2,626
Government of Japan 30 Year Bond, Ser 36
2.000%, 03/20/2042	JPY		217,550		2,723
Government of Japan 30 Year Bond, Ser 37
1.900%, 09/20/2042	JPY		62,100		769
Government of Japan 30 Year Bond, Ser 38
1.800%, 03/20/2043	JPY		259,650		3,171
Government of Japan 40 Year Bond
0.400%, 03/20/2056	JPY		328,900		2,990
Government of Japan 40 Year Bond, Ser 6
1.900%, 03/20/2053	JPY		38,700		518
Government of Japan CPI Linked Bond
0.100%, 03/10/2026	JPY		313,852		2,949
Mitsubishi UFJ Financial Group
0.339%, 07/19/2024	EUR		250		280
Mizuho Financial Group MTN
0.956%, 10/16/2024	EUR		385		445
Mizuho Financial Group Cayman 3
4.600%, 03/27/2024 (A)			450		481
Takeda Pharmaceutical
1.125%, 11/21/2022 (A)	EUR		430		497
					95,407
Luxembourg — 0.1%
Enel Finance International MTN
5.750%, 09/14/2040	GBP		145		279
Samsonite Finco SARL
3.500%, 05/15/2026	EUR		100		116
					395
Malaysia — 0.9%
Malaysia Government Bond
4.181%, 07/15/2024	MYR		3,360		856
4.048%, 09/30/2021	MYR		3,380		841
3.955%, 09/15/2025	MYR		3,440		871
3.885%, 08/15/2029	MYR		2,032		519
3.882%, 03/10/2022	MYR		780		194
3.795%, 09/30/2022	MYR		3,430		854
3.480%, 03/15/2023	MYR		1,135		281
3.441%, 02/15/2021	MYR		491		121
					4,537
Mexico — 2.1%
Alfa
5.250%, 03/25/2024 (A)			205		222
Mexican Bonos
8.000%, 06/11/2020	MXN		8,335		444
8.000%, 11/07/2047	MXN		18,935		1,098
7.750%, 11/13/2042	MXN		8,245		463
7.500%, 06/03/2027	MXN		2,435		134
6.500%, 06/09/2022	MXN		22,900		1,206
5.750%, 03/05/2026	MXN		11,907		597

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Mexican Bonos, Ser M
6.500%, 06/10/2021	MXN		9,962	$	525
Mexican Bonos, Ser M20
10.000%, 12/05/2024	MXN		46,790		2,812
7.750%, 05/29/2031	MXN		28,570		1,614
Mexican Bonos, Ser M30
10.000%, 11/20/2036	MXN		22,113		1,512
					10,627
Netherlands — 3.2%
ABN AMRO Bank
5.750%, VAR EUR Swap Annual 5 Yr+5.452%, 03/22/2168	EUR		400		464
4.750%, 07/28/2025			305		332
ABN AMRO Bank MTN
1.250%, 01/10/2033	EUR		300		374
Akzo Nobel Sweden Finance MTN
2.625%, 07/27/2022	EUR		340		408
BNG Bank MTN
0.500%, 04/16/2025	EUR		225		261
Cooperatieve Rabobank UA
3.750%, 07/21/2026			250		260
3.250%, VAR EUR Swap Annual 5 Yr+3.702%, 12/29/2168	EUR		200		224
Cooperatieve Rabobank UA MTN
5.250%, 09/14/2027	GBP		195		313
4.625%, 05/23/2029	GBP		130		205
1.250%, 05/31/2032	EUR		300		373
Heineken MTN
1.000%, 05/04/2026	EUR		335		392
ING Bank
5.800%, 09/25/2023 (A)			315		349
ING Groep
5.750%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+4.342%, 11/16/2168			200		211
3.550%, 04/09/2024			325		340
Intertrust Group BV
3.375%, 11/15/2025 (A)	EUR		180		212
Lincoln Financing SARL
3.625%, 04/01/2024 (A)	EUR		170		198
Nederlandse Waterschapsbank MTN
1.250%, 05/27/2036	EUR		281		351
0.625%, 01/18/2027	EUR		225		264
Netherlands Government Bond (A)
4.000%, 01/15/2037	EUR		389		715
2.750%, 01/15/2047	EUR		190		346
2.500%, 01/15/2033	EUR		550		811
2.000%, 07/15/2024	EUR		345		430
0.500%, 07/15/2026	EUR		570		673
0.500%, 01/15/2040	EUR		804		938
0.250%, 01/15/2020	EUR		3,195		3,587

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
0.250%, 07/15/2025	EUR		922	$	1,070
0.250%, 07/15/2029	EUR		948		1,095
0.000%, 01/15/2022 (D)	EUR		914		1,038
					16,234
New Zealand — 2.6%
New Zealand Government Bond
5.500%, 04/15/2023	NZD		1,608		1,235
3.000%, 04/15/2020	NZD		1,626		1,103
3.000%, 04/20/2029	NZD		1,494		1,124
2.750%, 04/15/2025	NZD		13,113		9,470
New Zealand Local Government Funding Agency Bond
4.500%, 04/15/2027	NZD		479		375
					13,307
Norway — 0.7%
DNB Bank
6.500%, VAR USD Swap Semi 30/360 5 Yr Curr+5.080%, 03/26/2168			355		376
Equinor MTN
5.625%, 03/11/2021	EUR		216		259
2.000%, 09/10/2020	EUR		285		325
Norway Government Bond (A)
3.000%, 03/14/2024	NOK		1,972		239
2.000%, 05/24/2023	NOK		6,849		795
2.000%, 04/26/2028	NOK		4,462		527
1.750%, 02/17/2027	NOK		4,540		526
1.750%, 09/06/2029	NOK		3,571		413
1.500%, 02/19/2026	NOK		2,163		248
					3,708
Poland — 0.7%
Republic of Poland Government Bond
4.000%, 10/25/2023	PLN		1,401		400
2.750%, 04/25/2028	PLN		2,820		780
2.750%, 10/25/2029	PLN		1,493		415
2.500%, 07/25/2027	PLN		1,860		505
2.000%, 04/25/2021	PLN		4,961		1,320
					3,420
Portugal — 0.6%
EDP - Energias de Portugal
4.496%, VAR EUR Swap Annual 5 Yr+4.287%, 04/30/2079	EUR		300		376
EDP Finance MTN
2.000%, 04/22/2025	EUR		260		316
Portugal Obrigacoes do Tesouro OT (A)
4.125%, 04/14/2027	EUR		640		918
4.100%, 04/15/2037	EUR		277		463
2.200%, 10/17/2022	EUR		775		932
1.950%, 06/15/2029	EUR		130		166
					3,171

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Qatar — 0.1%
Qatar Government International Bond
3.375%, 03/14/2024 (A)			650	$	680
Saudi Arabia — 0.1%
SABIC Capital II BV
4.000%, 10/10/2023 (A)			345		363
Saudi Government International Bond MTN
2.375%, 10/26/2021 (A)			275		276
					639
Singapore — 3.4%
Singapore Government Bond
3.500%, 03/01/2027	SGD		1,341		1,121
3.125%, 09/01/2022	SGD		2,088		1,617
3.000%, 09/01/2024	SGD		5,421		4,292
2.875%, 07/01/2029	SGD		7,543		6,160
2.750%, 03/01/2046	SGD		200		168
2.375%, 07/01/2039	SGD		1,171		935
2.250%, 08/01/2036	SGD		250		195
2.000%, 07/01/2020	SGD		3,260		2,428
Temasek Financial I MTN
2.375%, 01/23/2023 (A)			495		501
					17,417
Slovak Republic — 0.0%
Slovakia Government Bond
3.375%, 11/15/2024	EUR		75		98
Slovenia — 0.1%
Slovenia Government Bond
1.250%, 03/22/2027	EUR		305		371
South Korea — 0.5%
Hyundai Capital Services MTN
3.500%, 03/30/2022	AUD		680		493
Korea Treasury Bond
3.000%, 09/10/2024	KRW		1,254,790		1,159
2.000%, 03/10/2049	KRW		361,670		334
1.500%, 12/10/2026	KRW		994,000		852
					2,838
Spain — 4.4%
Ayt Cedulas Cajas Global
3.750%, 12/14/2022	EUR		600		750
Banco Bilbao Vizcaya Argentaria
5.875%, VAR EUR Swap Annual 5 Yr+5.660%, 12/24/2168	EUR		200		245
2.250%, 06/12/2024	EUR		200		248
Banco de Sabadell
0.875%, 11/12/2021	EUR		400		458
Banco Santander
5.250%, VAR EUR Swap Annual 5 Yr+4.999%, 12/29/2168	EUR		200		239
5.179%, 11/19/2025			400		448

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
3.306%, 06/27/2029			200	$	206
1.000%, 03/03/2022	EUR		400		462
CaixaBank
1.250%, 01/11/2027	EUR		500		605
Gas Natural Fenosa Finance BV MTN
1.250%, 04/19/2026	EUR		300		353
Grifols
1.625%, 02/15/2025 (A)	EUR		180		206
Iberdrola Finanzas MTN
1.000%, 03/07/2025	EUR		500		584
Instituto de Credito Oficial MTN
6.000%, 03/08/2021	EUR		180		217
Kutxabank
1.250%, 09/22/2025	EUR		300		359
Spain Government Bond
6.000%, 01/31/2029	EUR		104		175
5.750%, 07/30/2032	EUR		102		186
4.900%, 07/30/2040 (A)	EUR		852		1,640
4.700%, 07/30/2041 (A)	EUR		527		1,002
3.450%, 07/30/2066 (A)	EUR		240		427
2.900%, 10/31/2046 (A)	EUR		361		554
2.350%, 07/30/2033 (A)	EUR		507		688
1.950%, 07/30/2030 (A)	EUR		141		181
1.600%, 04/30/2025 (A)	EUR		572		697
1.500%, 04/30/2027 (A)	EUR		4,380		5,372
1.450%, 04/30/2029 (A)	EUR		1,395		1,711
1.400%, 04/30/2028 (A)	EUR		300		366
0.450%, 10/31/2022	EUR		607		696
0.350%, 07/30/2023	EUR		2,148		2,460
0.050%, 10/31/2021	EUR		852		964
Telefonica Europe BV
4.375%, VAR EUR Swap Annual 6 Yr+4.107%, 03/14/2168	EUR		300		375
					22,874
Supra-National — 3.5%
Asian Development Bank MTN
2.350%, 06/21/2027	JPY		290,000		3,185
European Financial Stability Facility MTN
1.800%, 07/10/2048	EUR		270		386
0.500%, 07/11/2025	EUR		695		808
0.400%, 02/17/2025	EUR		1,695		1,960
0.200%, 04/28/2025	EUR		600		687
European Investment Bank
1.900%, 01/26/2026	JPY		397,500		4,140
European Investment Bank MTN
1.250%, 05/12/2025	SEK		13,180		1,466
1.000%, 03/14/2031	EUR		405		497
0.250%, 10/14/2024	EUR		610		702
0.250%, 09/14/2029	EUR		745		852
European Stability Mechanism MTN
1.000%, 09/23/2025	EUR		570		682

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
European Union MTN
2.875%, 04/04/2028	EUR		575	$	800
International Bank for Reconstruction & Development MTN
2.800%, 01/13/2021	AUD		1,230		879
International Finance MTN
2.375%, 07/19/2023	CAD		1,000		782
					17,826
Sweden — 0.8%
Kommunivest I Sverige AB MTN
1.000%, 10/02/2024	SEK		5,830		639
Skandinaviska Enskilda Banken MTN
5.750%, VAR USD Swap Semi 30/360 5 Yr Curr+3.850%, 05/13/2168			465		468
Svenska Handelsbanken
5.250%, VAR USD Swap Semi 30/360 5 Yr Curr+3.335%, 03/01/2168			325		331
Svenska Handelsbanken MTN
1.625%, VAR EUR Swap Annual 5 Yr+1.270%, 03/05/2029	EUR		225		263
Swedbank
5.625%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+4.134%, 03/17/2168			200		206
Swedbank Hypotek
0.375%, 03/11/2022	EUR		360		410
Sweden Government Bond
3.500%, 06/01/2022	SEK		3,040		355
3.500%, 03/30/2039	SEK		1,205		198
1.000%, 11/12/2026	SEK		1,725		198
Sweden Government Bond, Ser 1047
5.000%, 12/01/2020	SEK		3,370		377
Vattenfall
3.000%, VAR EUR Swap Annual 5 Yr+2.511%, 03/19/2077	EUR		175		211
Vattenfall MTN
6.250%, 03/17/2021	EUR		213		257
					3,913
Switzerland — 0.8%
Credit Suisse MTN
0.750%, 09/17/2021	EUR		220		251
Credit Suisse Group
7.500%, VAR USD Swap Semi 30/360 5 Yr Curr+4.600%, 01/17/2168			286		313
7.500%, VAR USD Swap Semi 30/360 5 Yr Curr+4.600%, 01/17/2168 (A)			200		219
2.125%, VAR BPSW1+1.230%, 09/12/2025	GBP		250		336
Government of Switzerland
2.000%, 04/28/2021	CHF		735		787

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
2.000%, 05/25/2022	CHF		75	$	82
1.500%, 04/30/2042	CHF		408		579
1.250%, 06/11/2024	CHF		405		454
Swiss Re Finance Luxembourg
5.000%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+3.582%, 04/02/2049 (A)			200		223
UBS MTN
4.750%, VAR EUR Swap Annual 5 Yr+3.400%, 02/12/2026	EUR		200		236
UBS Group
6.875%, VAR USD Swap Semi 30/360 5 Yr Curr+4.590%, 08/07/2168			200		221
UBS Group Funding Switzerland
1.750%, 11/16/2022	EUR		427		503
					4,204
Thailand — 0.5%
Thailand Government Bond
4.875%, 06/22/2029	THB		16,455		712
4.675%, 06/29/2044	THB		20,805		1,057
3.650%, 12/17/2021	THB		11,020		385
3.625%, 06/16/2023	THB		5,375		194
3.300%, 06/17/2038	THB		3,522		144
					2,492
Turkey — 0.1%
Turkiye Vakiflar Bankasi TAO
2.375%, 05/04/2021	EUR		265		300
United Arab Emirates — 0.1%
DP World
2.375%, 09/25/2026 (A)	EUR		295		356
United Kingdom — 5.7%
Anglo American Capital MTN
1.625%, 09/18/2025	EUR		220		257
Barclays Bank MTN
10.000%, 05/21/2021	GBP		180		265
BAT International Finance MTN
1.250%, 03/13/2027	EUR		333		378
BP Capital Markets MTN
1.526%, 09/26/2022	EUR		350		410
1.117%, 01/25/2024	EUR		165		192
Centrica MTN
4.375%, 03/13/2029	GBP		164		255
4.250%, 09/12/2044	GBP		100		160
CK Hutchison Finance 16 II
0.875%, 10/03/2024	EUR		212		242
CNH Industrial Finance Europe MTN
2.875%, 05/17/2023	EUR		220		267
Coca-Cola European Partners
2.375%, 05/07/2025	EUR		400		498

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Diageo Finance MTN
0.250%, 10/22/2021	EUR		240	$	271
DS Smith MTN
1.375%, 07/26/2024	EUR		430		499
Gatwick Funding MTN
5.250%, 01/23/2024	GBP		250		381
GlaxoSmithKline Capital
0.000%, 09/12/2020	EUR		595		669
Heathrow Funding MTN
2.750%, 08/09/2049	GBP		160		223
1.875%, 05/23/2022	EUR		235		276
HSBC Holdings
4.250%, 03/14/2024			505		536
3.000%, VAR BPSW1+1.650%, 07/22/2028	GBP		167		233
Imperial Brands Finance
0.500%, 07/27/2021	EUR		150		169
InterContinental Hotels Group MTN
3.750%, 08/14/2025	GBP		174		252
Lloyds Banking Group
4.582%, 12/10/2025			445		482
Motion Bond
4.500%, 11/15/2027			245		289
Nationwide Building Society MTN
4.625%, 02/08/2021	EUR		550		651
0.500%, 02/23/2024	EUR		225		258
Next Group
3.625%, 05/18/2028	GBP		190		269
Northumbrian Water Finance
6.875%, 02/06/2023	GBP		190		294
Rio Tinto Finance MTN
2.875%, 12/11/2024	EUR		290		368
Royal Bank of Scotland Group
4.265%, VAR ICE LIBOR USD 3 Month+2.320%, 09/29/2017			200		197
Santander UK Group Holdings PLC MTN
3.625%, 01/14/2026	GBP		100		144
Santander UK PLC MTN
4.250%, 04/12/2021	EUR		350		415
1.125%, 01/14/2022	EUR		330		379
Scottish Hydro Electric Transmission
2.250%, 09/27/2035			200		262
Severn Trent Utilities Finance MTN
3.625%, 01/16/2026	GBP		175		257
Sky PLC MTN
6.000%, 05/21/2027	GBP		50		86
2.500%, 09/15/2026	EUR		205		262
2.250%, 11/17/2025	EUR		275		343
SSE PLC MTN
0.875%, 09/06/2025	EUR		395		455

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Standard Chartered
3.446%, VAR ICE LIBOR USD 3 Month+1.510%, 07/30/2168 (A)			500	$	430
Thames Water Utilities Finance MTN
4.625%, 06/04/2046	GBP		155		273
Unilever NV
0.375%, 02/14/2023	EUR		220		251
United Kingdom Gilt
4.500%, 12/07/2042	GBP		230		497
4.250%, 12/07/2046	GBP		980		2,151
3.750%, 07/22/2052	GBP		80		175
3.500%, 01/22/2045	GBP		1,131		2,184
3.250%, 01/22/2044	GBP		400		737
2.750%, 09/07/2024	GBP		200		291
2.500%, 07/22/2065	GBP		1,717		3,274
1.750%, 09/07/2022	GBP		654		894
1.500%, 07/22/2047	GBP		981		1,346
0.750%, 07/22/2023	GBP		2,170		2,891
0.625%, 06/07/2025	GBP		445		589
Wales & West Utilities Finance PLC
6.250%, 11/30/2021	GBP		240		349
Western Power Distribution West Midlands PLC
5.750%, 04/16/2032	GBP		100		183
3.875%, 10/17/2024	GBP		230		336
Wm Morrison Supermarkets MTN
3.500%, 07/27/2026	GBP		225		328
Zurich Finance PLC MTN
6.625%, 10/30/2049 (C)	GBP		235		351
					29,374
United States — 8.2%
AbbVie (A)
2.950%, 11/21/2026			245		249
2.300%, 11/21/2022			800		804
Allergan Funding
2.625%, 11/15/2028			100		129
Altria Group
1.700%, 06/15/2025	EUR		450		524
American International Group
2.505%, VAR ICE LIBOR GBP 3 Month+1.705%, 03/15/2037	GBP		100		110
AT&T
1.800%, 09/05/2026	EUR		720		864
0.800%, 03/04/2030	EUR		310		338
Bank of America
6.500%, VAR ICE LIBOR USD 3 Month+4.174%, 04/23/2168			67		76
6.250%, VAR ICE LIBOR USD 3 Month+3.705%, 03/05/2168			150		167
Bank of America MTN
2.375%, 06/19/2024	EUR		835		1,027

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
1.625%, 09/14/2022	EUR		261	$	305
Baxter International MTN
0.400%, 05/15/2024	EUR		405		461
Becton Dickinson
0.632%, 06/04/2023			200		227
Berkshire Hathaway
0.625%, 01/17/2023	EUR		265		303
Berkshire Hathaway Finance
2.625%, 06/19/2059	GBP		144		209
Boardwalk Pipelines
4.800%, 05/03/2029			119		128
Boston Scientific Corporation
0.625%, 12/01/2027			430		480
Broadcom
4.250%, 04/15/2026 (A)			195		207
Capital One Financial
0.800%, 06/12/2024	EUR		291		332
Carnival
1.625%, 02/22/2021	EUR		180		206
1.000%, 10/28/2029			316		350
Centene
4.250%, 12/15/2027 (A)			63		65
Chubb INA Holdings
1.550%, 03/15/2028	EUR		325		388
0.875%, 06/15/2027	EUR		115		132
0.300%, 12/15/2024	EUR		190		213
Cigna
4.125%, 11/15/2025			136		148
Citigroup
5.950%, VAR ICE LIBOR USD 3 Month+3.905%, 11/15/2168			185		202
2.040%, 09/16/2020	JPY		200,000		1,864
1.750%, 10/23/2026	GBP		304		401
Citigroup MTN
0.750%, 10/26/2023	EUR		365		418
Clean Harbors (A)
5.125%, 07/15/2029			43		46
4.875%, 07/15/2027			124		131
Comcast
3.450%, 10/01/2021			965		993
DH Europe Finance
1.700%, 01/04/2022	EUR		150		175
1.200%, 06/30/2027			335		396
DH Europe Finance II
0.450%, 03/18/2028			154		171
Digital Euro Finco
2.625%, 04/15/2024	EUR		175		213
Ebay
3.600%, 06/05/2027			130		136
Expedia Group Inc
5.000%, 02/15/2026			250		276

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
FedEx
0.700%, 05/13/2022	EUR		108	$	123
Fidelity National Information Services
1.500%, 05/21/2027	EUR		400		474
0.625%, 12/03/2025	EUR		185		209
Fiserv
1.125%, 07/01/2027	EUR		405		468
Ford Motor Credit MTN
3.021%, 03/06/2024	EUR		170		201
0.032%, VAR Euribor 3 Month+0.430%, 05/14/2021	EUR		750		836
GE Capital European Funding Unlimited MTN
5.375%, 01/23/2020	EUR		1,100		1,238
GE Capital UK Funding Unlimited MTN
6.250%, 05/05/2038	GBP		165		300
General Electric
0.875%, 05/17/2025	EUR		180		203
General Motors Financial
3.561%, VAR ICE LIBOR USD 3 Month+1.560%, 01/15/2020			2,084		2,085
General Motors Financial MTN
0.955%, 09/07/2023	EUR		540		612
Goldman Sachs Group
2.625%, 04/25/2021			425		429
Goldman Sachs Group MTN
2.000%, 07/27/2023	EUR		900		1,073
1.625%, 07/27/2026	EUR		170		203
IHS Markit
4.125%, 08/01/2023			326		346
4.000%, 03/01/2026 (A)			85		90
International Business Machines
2.850%, 05/13/2022			990		1,013
International Business Machines MTN
0.875%, 01/31/2025	EUR		593		688
International Game Technology PLC
3.500%, 07/15/2024			170		205
Johnson Controls International PLC
1.375%, 02/25/2025			395		458
JPMorgan Chase MTN
1.090%, VAR Euribor 3 Month+0.760%, 03/11/2027	EUR		810		943
Kraft Heinz Foods
2.000%, 06/30/2023	EUR		235		278
Marriott International
4.650%, 12/01/2028			120		135
Mastercard
1.100%, 12/01/2022	EUR		445		515
McKesson
0.625%, 08/17/2021	EUR		355		402
Medtronic Global Holdings SCA
1.125%, 03/07/2027	EUR		400		471

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
0.250%, 07/02/2025			115	$	129
Micron Technology
4.640%, 02/06/2024			258		280
Molson Coors International
2.750%, 09/18/2020	CAD		1,105		854
Moody’s
1.750%, 03/09/2027	EUR		265		321
0.950%, 02/25/2030	EUR		200		226
Morgan Stanley
1.875%, 03/30/2023	EUR		490		581
Morgan Stanley MTN
1.375%, 10/27/2026	EUR		360		426
0.000%, VAR Euribor 3 Month+0.400%, 05/21/2021	EUR		850		955
National Grid North America MTN
1.000%, 07/12/2024	EUR		300		346
National Oil Well
3.600%, 12/01/2029			205		206
Noble Energy
3.250%, 10/15/2029			205		208
Occidental Petroleum
3.200%, 08/15/2026			44		45
2.900%, 08/15/2024			265		269
Panther BF Aggregator 2
4.375%, 05/15/2026 (A)	EUR		106		125
Philip Morris International
0.625%, 11/08/2024	EUR		285		324
Philip Morris International MTN
1.875%, 03/03/2021	EUR		300		345
PNC Financial Services Group
2.200%, 11/01/2024			885		888
PNC Funding
3.300%, 03/08/2022			150		154
Priceline Group
2.375%, 09/23/2024			355		436
Prologis
0.250%, 09/10/2027			161		177
Prologis MTN
3.000%, 01/18/2022	EUR		115		136
Realty Income
3.250%, 06/15/2029			315		333
Santander Holdings USA
3.700%, 03/28/2022			460		473
Seagate HDD Cayman
4.750%, 06/01/2023			6		7
4.750%, 01/01/2025			61		65
Sealed Air
4.000%, 12/01/2027 (A)			149		151
Southern Co/The
2.750%, 06/15/2020			700		702

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Sprint Spectrum
4.738%, 03/20/2025 (A)			265	$	281
Terraform Global Operating
6.125%, 03/01/2026 (A)			55		57
Toyota Motor Credit MTN
1.800%, 07/23/2020	EUR		115		131
0.625%, 11/21/2024	EUR		465		534
United Technologies Corp
1.250%, 05/22/2023	EUR		225		261
1.150%, 05/18/2024	EUR		164		191
US Bancorp MTN
0.850%, 06/07/2024	EUR		226		261
Verizon Communications
4.016%, 12/03/2029			391		436
0.875%, 04/08/2027	EUR		175		202
Verizon Communications MTN
4.750%, 02/17/2034	GBP		170		289
4.050%, 02/17/2025	AUD		680		522
Wells Fargo
5.900%, VAR ICE LIBOR USD 3 Month+3.110%, 12/15/2168			130		142
Wells Fargo MTN
2.125%, 12/20/2023	GBP		345		469
2.000%, 04/27/2026	EUR		210		258
1.375%, 06/30/2022	GBP		195		259
WPC Eurobond BV
1.350%, 04/15/2028	EUR		405		449
ZF North America Capital
2.750%, 04/27/2023	EUR		200		241
					42,007
Total Global Bonds (Cost $476,763) ($ Thousands)					489,669
U.S. TREASURY OBLIGATIONS — 4.0% U.S. Treasury Inflation Protected Securities
1.250%, 07/15/2020			1,194		1,206
0.750%, 07/15/2028			304		320
0.250%, 07/15/2029			1,553		1,569
United States Treasury Bills
1.476%, 01/21/2020 (D)			17,580		17,566
Total U.S. Treasury Obligations (Cost $20,645) ($ Thousands)					20,661

Description	Face Amount (Thousands)		Market Value ($ Thousands)
MORTGAGE-BACKED SECURITIES — 0.5%
Agency Mortgage-Backed Obligation — 0.4%
FHLMC Structured Agency Credit Risk Debt Notes, Ser 2015-DNA1, Cl M2
3.642%, VAR ICE LIBOR USD 1 Month+1.850%, 10/25/2027	$	224	$	225
FHLMC Structured Agency Credit Risk Debt Notes, Ser 2015-DNA2, Cl M2
4.392%, VAR ICE LIBOR USD 1 Month+2.600%, 12/25/2027		15		15
FHLMC Structured Agency Credit Risk Debt Notes, Ser 2015-HQA2, Cl M2
4.592%, VAR ICE LIBOR USD 1 Month+2.800%, 05/25/2028		43		43
FHLMC Structured Agency Credit Risk Debt Notes, Ser 2016-DNA1, Cl M2
4.692%, VAR ICE LIBOR USD 1 Month+2.900%, 07/25/2028		62		62
FHLMC Structured Agency Credit Risk Debt Notes, Ser 2016-HQA1, Cl M3
8.142%, VAR ICE LIBOR USD 1 Month+6.350%, 09/25/2028		250		275
FHLMC Structured Agency Credit Risk Debt Notes, Ser 2017-DNA1, Cl M1
2.992%, VAR ICE LIBOR USD 1 Month+1.200%, 07/25/2029		143		143
FHLMC Structured Agency Credit Risk Debt Notes, Ser 2017-DNA2, Cl M2
5.242%, VAR ICE LIBOR USD 1 Month+3.450%, 10/25/2029		470		500
FNMA Connecticut Avenue Securities, Ser 2014-C04, Cl 2M2
6.792%, VAR ICE LIBOR USD 1 Month+5.000%, 11/25/2024		267		289
FNMA Connecticut Avenue Securities, Ser 2016-C04, Cl 1M2
6.042%, VAR ICE LIBOR USD 1 Month+4.250%, 01/25/2029		95		101
FNMA Connecticut Avenue Securities, Ser 2016-C06, Cl 1M1
3.092%, VAR ICE LIBOR USD 1 Month+1.300%, 04/25/2029		107		107
FNMA Connecticut Avenue Securities, Ser 2016-C07, Cl 2M2
6.142%, VAR ICE LIBOR USD 1 Month+4.350%, 05/25/2029		129		136

Description	Face Amount (Thousands)		Market Value ($ Thousands)
MORTGAGE-BACKED SECURITIES (continued)
FNMA Connecticut Avenue Securities, Ser 2017-C01, Cl 1M1
3.092%, VAR ICE LIBOR USD 1 Month+1.300%, 07/25/2029	$	27	$	27
				1,923
Non-Agency Mortgage-Backed Obligation — 0.1%
Bear Stearns Adjustable Rate Mortgage Trust, Ser 2004-6, Cl 3A
4.606%, 09/25/2034 (C)		10		10
COMM Mortgage Trust, Ser 2014-CCRE14, Cl A3
3.955%, 02/10/2047		70		74
JPMorgan Mortgage Trust, Ser 2004-A5, Cl 3A1
4.008%, 12/25/2034 (C)		32		33
LSTAR Commercial Mortgage Trust, Ser 2016-4, Cl A2
2.579%, 03/10/2049 (A)		159		157
Wells Fargo Commercial Mortgage Trust, Ser 2015-C28, Cl A3
3.290%, 05/15/2048		119		124
Wells Fargo Commercial Mortgage Trust, Ser 2015-C30, Cl A3
3.411%, 09/15/2058		80		83
				481
Total Mortgage-Backed Securities (Cost $2,352) ($ Thousands)				2,404
Total Investments in Securities — 99.8% (Cost $499,760) ($ Thousands)			$	512,734

A list of the open futures contracts held by the Fund at December 31, 2019, is as follows:

Type of Contract	Number of Contracts Long (Short)		Expiration Date	Notional Amount (Thousands)		Value (Thousands)		Unrealized Appreciation/Depreciation (Thousands)
Australian 3-Year Bond		131	Mar-2020	$	10,397	$	10,591	$	(69)
Australian 10-Year Bond		14	Mar-2020		1,401		1,407		(23)
Australian 10-Year Bond		8	Mar-2020		798		804		(14)
Canadian 5-Year Bond		(22)	Mar-2020		(2,007)		(2,041)		16
Canadian 10-Year Bond		16	Mar-2020		1,682		1,696		(30)
Canadian 10-Year Bond		(7)	Mar-2020		(734)		(742)		3
Euro		(240)	Mar-2020		(33,511)		(33,846)		(335)
Euro-Bob		(57)	Mar-2020		(8,466)		(8,550)		29
Euro-Bob		(17)	Mar-2020		(2,529)		(2,550)		5
Euro-BTP		9	Mar-2020		1,416		1,439		3
Euro-Bund		44	Mar-2020		8,422		8,420		(105)
Euro-Bund		(16)	Mar-2020		(3,063)		(3,062)		33
Euro-Buxl		15	Mar-2020		3,400		3,340		(101)
Euro-Buxl		(3)	Mar-2020		(675)		(668)		16
Euro-OAT		(3)	Mar-2020		(548)		(548)		7
Euro-OAT		6	Mar-2020		1,089		1,096		(8)
Euro-Schatz		28	Mar-2020		3,471		3,517		(1)
Japanese 10-Year Bond		23	Mar-2020		32,238		32,207		(38)
Japanese 10-Year Government Bond E-MINI		23	Mar-2020		3,224		3,215		(9)
Japanese 10-Year Government Bond E-MINI		(5)	Mar-2020		(699)		(699)		–
Long Gilt 10-Year Bond		(11)	Mar-2020		(1,892)		(1,915)		9
Long Gilt 10-Year Bond		45	Mar-2020		7,674		7,832		(28)
U.S. 2-Year Treasury Note		(37)	Apr-2020		(7,970)		(7,974)		(4)
U.S. 2-Year Treasury Note		28	Apr-2020		6,037		6,034		(3)
U.S. 5-Year Treasury Note		40	Apr-2020		4,735		4,744		9
U.S. 5-Year Treasury Note		(22)	Apr-2020		(2,619)		(2,609)		9
U.S. 10-Year Treasury Note		5	Mar-2020		648		642		(6)
U.S. 10-Year Treasury Note		(110)	Mar-2020		(14,174)		(14,126)		48
U.S. Ultra Long Treasury Bond		2	Mar-2020		374		363		(10)
U.S. Ultra Long Treasury Bond		(15)	Mar-2020		(2,757)		(2,725)		32
Ultra 10-Year U.S. Treasury Note		(37)	Mar-2020		(5,274)		(5,206)		68
Ultra 10-Year U.S. Treasury Note		(12)	Mar-2020		(1,709)		(1,688)		20
				$	(1,621)	$	(1,602)	$	(477)

A list of the open forward foreign currency contracts held by the Fund at December 31, 2019, is as follows:

Counterparty	Settlement Date			Currency to Deliver (Thousands)			Currency to Receive (Thousands)		Unrealized Appreciation (Depreciation) (Thousands)
Bank of America		01/10/20	USD		379	NOK		3,473	$	17
Bank of America		01/10/20	USD		580	TRY		3,424		(6)
Bank of America		01/10/20	SGD		1,281	USD		938		(15)
Bank of America		01/10/20	USD		441	JPY		48,160		2
Bank of America		01/30/20	USD		1,265	JPY		137,016		(2)
Bank of America		01/10/20	NOK		4,564	USD		498		(22)
Bank of America		01/10/20	JPY		24,057	USD		222		1
Bank of America		01/10/20	SEK		43,964	USD		4,595		(104)
Bank of America		01/17/20	USD		668	RUB		42,864		21
Bank of America		01/24/20	EUR		1,300	USD		1,446		(15)
Barclays PLC		01/07/20	USD		91	JPY		9,860		—
Barclays PLC		01/09/20	USD		682	PLN		2,623		11
Barclays PLC		01/10/20	USD		15	SEK		147		—
Barclays PLC		01/10/20	USD		43	CHF		42		—
Barclays PLC		01/10/20	GBP		54	USD		71		(1)
Barclays PLC		01/10/20	USD		56	NOK		510		2
Barclays PLC		01/10/20	CHF		106	USD		108		(2)
Barclays PLC		01/10/20	USD		115	NZD		174		3
Barclays PLC		01/10/20	EUR		125	USD		140		(1)
Barclays PLC		01/10/20	USD		141	AUD		205		3
Barclays PLC		01/10/20	USD		165	CAD		219		4
Barclays PLC		01/10/20	USD		152	GBP		116		2
Barclays PLC		01/10/20	USD		21	GBP		16		—
Barclays PLC		01/10/20	CAD		216	USD		164		(3)
Barclays PLC		01/10/20	AUD		216	USD		149		(3)
Barclays PLC		01/10/20	NZD		340	USD		223		(7)
Barclays PLC		01/10/20	USD		435	TRY		2,537		(9)
Barclays PLC		01/10/20	USD		808	EUR		731		13
Barclays PLC		01/10/20	NOK		1,073	USD		119		(3)
Barclays PLC		01/10/20	ZAR		1,079	USD		77		—
Barclays PLC		01/10/20	TRY		1,690	USD		290		7
Barclays PLC		01/10/20	SEK		513	USD		55		—
Barclays PLC		01/10/20	SEK		1,389	USD		147		(1)
Barclays PLC		01/10/20	PLN		3,560	USD		909		(31)
Barclays PLC		01/10/20	MXN		5,660	USD		297		(3)
Barclays PLC		01/10/20	JPY		1,600	USD		15		—
Barclays PLC		01/10/20	JPY		9,860	USD		91		—
Barclays PLC		01/10/20	HUF		74,958	USD		246		(8)
Barclays PLC		02/13/20	USD		526	MYR		2,206		15

Counterparty	Settlement Date			Currency to Deliver (Thousands)			Currency to Receive (Thousands)		Unrealized Appreciation (Depreciation) (Thousands)
Barclays PLC		02/13/20	MYR		1,393	USD		332	$	(10)
BNP Paribas		01/10/20	AUD		295	USD		200		(8)
BNP Paribas		01/10/20	USD		318	JPY		34,600		—
BNP Paribas		01/10/20	USD		1,031	EUR		932		16
BNP Paribas		01/10/20	USD		13,674	GBP		10,484		217
BNP Paribas		01/10/20	MXN		45,546	USD		2,313		(96)
BNP Paribas		01/10/20	THB		69,880	USD		2,313		(21)
BNP Paribas		01/16/20	USD		1,387	SGD		1,885		15
Brown Brothers Harriman		01/09/20	PLN		2	USD		1		—
Brown Brothers Harriman		01/10/20	GBP		328	USD		438		3
Brown Brothers Harriman		01/10/20	USD		406	GBP		312		7
Brown Brothers Harriman		01/16/20	USD		714	EUR		640		6
Brown Brothers Harriman		01/16/20 - 02/10/20	EUR		55,609	USD		61,879		(657)
Brown Brothers Harriman		01/23/20	USD		125	CAD		167		3
Brown Brothers Harriman		01/23/20	AUD		7,739	USD		5,344		(98)
Brown Brothers Harriman		01/30/20	USD		150	JPY		16,411		1
Brown Brothers Harriman		02/20/20	CNY		22,954	USD		3,285		(8)
CIBC		01/10/20	USD		398	JPY		43,400		2
Citi		01/03/20	BRL		2,953	USD		718		(16)
Citi		01/16/20	SGD		1,902	USD		1,397		(18)
Citigroup		01/10/20	GBP		12	USD		16		—
Citigroup		01/10/20	USD		15	CAD		20		1
Citigroup		01/10/20	AUD		21	USD		15		—
Citigroup		01/10/20	EUR		22	USD		24		—
Citigroup		01/10/20	USD		26	AUD		39		1
Citigroup		01/10/20	NZD		76	USD		50		(1)
Citigroup		01/10/20	USD		82	NZD		125		3
Citigroup		01/10/20	CAD		106	USD		80		(1)
Citigroup		01/10/20	USD		334	EUR		300		3
Citigroup		01/10/20	NOK		402	USD		44		(2)
Citigroup		01/10/20	USD		436	TRY		2,556		(7)
Citigroup		01/10/20	SEK		462	USD		49		(1)
Citigroup		01/10/20	USD		758	SEK		7,235		16
Citigroup		01/10/20	USD		30	SEK		277		—
Citigroup		01/10/20	CHF		1,172	USD		1,189		(22)
Citigroup		01/10/20	USD		3,304	GBP		2,515		28
Citigroup		01/10/20	ILS		4,438	USD		1,283		(2)
Citigroup		01/10/20	SGD		12,446	USD		9,183		(74)
Citigroup		01/10/20	JPY		18,580	USD		172		1
Citigroup		01/10/20	CNY		46,854	USD		6,669		(57)

Counterparty	Settlement Date			Currency to Deliver (Thousands)			Currency to Receive (Thousands)		Unrealized Appreciation (Depreciation) (Thousands)
Commonwealth Bank Of Australia		01/10/20	NZD		18,783	USD		12,085	$	(587)
Credit Agricole		01/10/20	USD		2,373	AUD		3,452		54
Credit Suisse First Boston		01/03/20	USD		2,033	BRL		8,581		100
Goldman Sachs		01/08/20	SEK		19,799	USD		2,060		(56)
Goldman Sachs		01/10/20	USD		434	TRY		2,567		(3)
Goldman Sachs		01/10/20	USD		1,469	ZAR		21,592		73
Goldman Sachs		01/10/20	ZAR		33,422	USD		2,266		(122)
Goldman Sachs		01/16/20	USD		1,758	EUR		1,582		18
Goldman Sachs		01/30/20	JPY		292,637	USD		2,708		10
Goldman Sachs		02/13/20	MYR		2,800	USD		665		(22)
HSBC		01/10/20	EUR		345	USD		383		(4)
HSBC		01/10/20	CNY		11,391	USD		1,631		(4)
JPMorgan Chase Bank		01/03/20	BRL		1,436	USD		354		(3)
JPMorgan Chase Bank		01/10/20	USD		69	CHF		68		1
JPMorgan Chase Bank		01/10/20	CAD		106	USD		81		(1)
JPMorgan Chase Bank		01/10/20	USD		143	AUD		208		3
JPMorgan Chase Bank		01/10/20	USD		163	NZD		247		4
JPMorgan Chase Bank		01/10/20	GBP		24	USD		32		1
JPMorgan Chase Bank		01/10/20	GBP		150	USD		196		(3)
JPMorgan Chase Bank		01/10/20	USD		207	CAD		273		3
JPMorgan Chase Bank		01/10/20	USD		114	GBP		88		2
JPMorgan Chase Bank		01/10/20	USD		110	GBP		82		(1)
JPMorgan Chase Bank		01/10/20	USD		255	NOK		2,340		11
JPMorgan Chase Bank		01/10/20	AUD		385	USD		264		(6)
JPMorgan Chase Bank		01/10/20	NZD		428	USD		281		(8)
JPMorgan Chase Bank		01/10/20	NOK		2,202	USD		245		(6)
JPMorgan Chase Bank		01/10/20	USD		2,228	EUR		2,000		18
JPMorgan Chase Bank		01/10/20	EUR		2,321	USD		2,576		(31)
JPMorgan Chase Bank		01/10/20	USD		2,329	SEK		22,246		49
JPMorgan Chase Bank		01/10/20	USD		45	SEK		416		—
JPMorgan Chase Bank		01/10/20	CHF		15	USD		16		—
JPMorgan Chase Bank		01/10/20	CHF		2,469	USD		2,517		(34)
JPMorgan Chase Bank		01/10/20	SEK		850	USD		91		—
JPMorgan Chase Bank		01/10/20	SEK		2,037	USD		216		(2)
JPMorgan Chase Bank		01/10/20	USD		3,188	JPY		348,379		20
JPMorgan Chase Bank		01/10/20	USD		181	JPY		19,660		—
JPMorgan Chase Bank		01/10/20	MXP		5,602	USD		290		(6)
JPMorgan Chase Bank		01/10/20	CNY		6,266	USD		890		(10)
JPMorgan Chase Bank		01/10/20	JPY		33,370	USD		308		1
JPMorgan Chase Bank		01/10/20	JPY		33,965	USD		312		(1)

Counterparty	Settlement Date			Currency to Deliver (Thousands)			Currency to Receive (Thousands)		Unrealized Appreciation (Depreciation) (Thousands)
JPMorgan Chase Bank		01/14/20	THB		190,425	USD		6,301	$	(58)
JPMorgan Chase Bank		01/16/20	USD		1,699	IDR		23,814,501		18
JPMorgan Chase Bank		01/23/20	USD		230	BRL		962		9
JPMorgan Chase Bank		01/23/20	USD		1,097	KRW		1,288,321		19
JPMorgan Chase Bank		01/23/20	USD		1,425	COP		5,005,936		100
JPMorgan Chase Bank		01/23/20	BRL		5,233	USD		1,225		(75)
JPMorgan Chase Bank		01/23/20	MXN		60,617	USD		3,079		(121)
JPMorgan Chase Bank		01/23/20	COP		444,941	USD		129		(7)
JPMorgan Chase Bank		01/23/20	JPY		3,175,201	USD		29,221		(35)
JPMorgan Chase Bank		01/24/20	USD		898	EUR		808		10
JPMorgan Chase Bank		01/24/20	NOK		917	USD		101		(4)
JPMorgan Chase Bank		01/24/20	GBP		1,038	USD		1,352		(25)
JPMorgan Chase Bank		01/24/20	PLN		2,253	USD		582		(13)
JPMorgan Chase Bank		01/24/20	CAD		2,688	USD		2,035		(38)
JPMorgan Chase Bank		01/24/20	USD		4,613	NOK		42,069		176
JPMorgan Chase Bank		01/24/20	AUD		4,780	USD		3,269		(92)
JPMorgan Chase Bank		01/24/20	CHF		5,389	USD		5,464		(111)
JPMorgan Chase Bank		01/24/20	USD		6,010	GBP		4,639		137
JPMorgan Chase Bank		01/24/20	USD		6,064	SEK		58,093		150
JPMorgan Chase Bank		01/24/20	SGD		8,918	USD		6,559		(76)
JPMorgan Chase Bank		01/24/20	NZD		12,678	USD		8,137		(417)
JPMorgan Chase Bank		01/24/20	EUR		21,549	USD		23,965		(256)
JPMorgan Chase Bank		01/24/20	HUF		1,354,877	USD		4,525		(81)
Morgan Stanley		01/10/20	USD		15	CAD		20		—
Morgan Stanley		01/10/20	GBP		23	USD		30		—
Morgan Stanley		01/10/20	USD		29	GBP		22		1
Morgan Stanley		01/10/20	USD		15	SEK		143		—
Morgan Stanley		01/10/20	USD		15	SEK		142		—
Morgan Stanley		01/10/20	USD		32	NOK		295		2
Morgan Stanley		01/10/20	CAD		35	USD		27		—
Morgan Stanley		01/10/20	USD		44	EUR		40		—
Morgan Stanley		01/10/20	USD		49	AUD		72		1
Morgan Stanley		01/10/20	NZD		138	USD		91		(2)
Morgan Stanley		01/10/20	NOK		134	USD		15		—
Morgan Stanley		01/10/20	NOK		300	USD		34		—
Morgan Stanley		01/10/20	USD		476	NZD		730		16
Morgan Stanley		01/10/20	CHF		1,992	USD		2,003		(55)
Morgan Stanley		01/10/20	USD		2,715	CHF		2,700		75
Morgan Stanley		01/10/20	USD		5,455	JPY		593,057		5
Morgan Stanley		01/10/20	AUD		7,263	USD		4,929		(177)

Counterparty	Settlement Date			Currency to Deliver (Thousands)			Currency to Receive (Thousands)		Unrealized Appreciation (Depreciation) (Thousands)
Morgan Stanley		01/10/20	ZAR		7,546	USD		520	$	(19)
Morgan Stanley		01/10/20	DKK		7,862	USD		1,162		(19)
Morgan Stanley		01/10/20	TRY		9,274	USD		1,592		36
Morgan Stanley		01/10/20	CZK		16,323	USD		706		(15)
Morgan Stanley		01/10/20 -02/06/20	EUR		94,641	USD		104,580		(1,744)
Morgan Stanley		01/10/20	JPY		4,382,732	USD		40,317		(32)
Morgan Stanley		02/13/20	USD		516	MYR		2,150		12
Morgan Stanley		02/13/20	MYR		1,335	USD		318		(10)
RBS		01/23/20	EUR		1,100	USD		1,223		(14)
Standard Chartered		01/10/20	GBP		8,437	USD		10,875		(304)
Standard Chartered		01/10/20	CZK		8,684	USD		377		(7)
Standard Chartered		02/27/20	USD		341	IDR		4,793,890		4
State Street		01/10/20	USD		207	AUD		295		—
State Street		01/10/20	EUR		300	USD		333		(4)
State Street		01/10/20	USD		312	CAD		405		—
State Street		01/10/20	USD		425	GBP		321		—
State Street		01/10/20	USD		584	NZD		889		15
State Street		01/10/20	USD		1,099	EUR		979		—
State Street		01/10/20	USD		4,280	JPY		465,526		5
State Street		01/10/20	THB		6,869	USD		227		(2)
State Street		01/10/20	JPY		3,585,871	USD		32,972		(41)
TD Securities		01/10/20	CAD		17,572	USD		13,210		(342)
TD Securities		01/10/20	GBP		23,976	USD		30,933		(835)
TD Securities		01/10/20	JPY		26,239	USD		240		(1)
UBS		01/03/20	BRL		4,191	USD		1,028		(14)
UBS		01/10/20	CAD		2,852	USD		2,183		(17)
UBS		01/16/20	USD		829	EUR		746		9
UBS		01/23/20	CAD		14,644	USD		11,019		(276)
UBS		02/04/20	USD		1,026	BRL		4,191		14
									$	(5,978)

A list of the open OTC swap agreements held by the Fund at December 31, 2019, is as follows:

Credit Default Swaps
Counterparty	Reference Entity/Obligation	Buy/Sell Protection	(Pays)/ Receives Rate	Payment Frequency	Termination Date	Notional Amount (Thousands)	Value (Thousands)			Upfront Payments/ Receipts (Thousands)			Net Unrealized Appreciation (Thousands)
Citigroup	CMBX.NA.BBB.6	Sell	3.00%	Monthly	05/11/2063	$(600)	$	(30	)	$	(45	)	$	15
Credit Suisse	CMBX.NA.BBB.6	Sell	3.00%	Monthly	05/11/2063	(127)		(6	)		(9	)		3
Credit Suisse	CMBX.NA.BBB.6	Sell	3.00%	Monthly	05/11/2063	(134)		(7	)		(8	)		1
Deutsche Bank	CMBX.NA.BBB.6	Sell	3.00%	Monthly	05/11/2063	(406)		(20	)		(28	)		8
Goldman Sachs	CMBX.NA.BBB.6	Sell	3.00%	Monthly	05/11/2063	(1,345)		(68	)		(163	)		95
							$	(131	)	$	(253	)	$	122

Interest Rate Swaps
Counterparty	Fund Pays		Fund Receives		Payment Frequency		Termination Date		Currency		Notional Amount (Thousands)		Value (Thousands)			Upfront Payments (Thousands)		Net Unrealized (Depreciation) (Thousands)
Deutsche Bank		China 7-Day Reverse Repo Rate		2.985%		Quarterly		06/03/2024		CNY		23,220	$	(7	)	$	–	$	(7	)
Deutsche Bank		China 7-Day Reverse Repo Rate		2.755%		Quarterly		09/09/2024		CNY		31,000	$	(25	)	$	–	$	(25	)
													$	(32	)	$	–	$	(32	)

A list of the open centrally cleared swap agreements held by the Fund at December 31, 2019, is as follows:

Credit Default Swap
Reference Entity/Obligation	Buy/Sell Protection		(Pays)/ Receives Rate		Payment Frequency		Termination Date		Notional Amount (Thousands)			Value (Thousands)		Upfront Payments/ Receipts (Thousands)		Net Unrealized Appreciation (Thousands)
iTraxx Europe Series 32		Sell		1.00%		Quarterly		12/20/2024		(2,160	)	$	60	$	49	$	11
												$	60	$	49	$	11

Interest Rate Swap

Fund Pays

Fund Receives

Payment Frequency

Termination Date

Currency

Notional Amount (Thousands)

Value (Thousands)

Upfront Payments/ Receipts (Thousands)

Net Unrealized (Depreciation) (Thousands)

1.6460%

6-MONTH GBP - LIBOR

Semi-Annually

10/03/2047

GBP

460

(81

)

–

(81

)

Percentages are based on Net Assets of $513,896 ($ Thousands).

(1) In U.S. Dollar unless otherwise indicated.

(A) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On December 31, 2019, the value of these securities amounted to $72,626 ($ Thousands), representing 14.1% of the Net Assets of the Fund.

(B) Security is in default on interest payment.

(C) Variable or floating rate security, the interest rate of which adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets.

(D) Zero coupon security. The rate shown on the Schedule of Investments is the security’s effective yield at the time of purchase.

AUD — Australian Dollar

BRL — Brazilian Real

CAD — Canadian Dollar

CHF — Swiss Franc

Cl — Class

CNY — Chinese Yuan Onshore

COP — Colombian Peso

CZK — Czech Koruna

DKK — Danish Krone

EUR — Euro

FHLMC — Federal Home Loan Mortgage Corporation

FNMA — Federal National Mortgage Association

GBP — British Pound Sterling

HUF — Hungarian Forint

ICE— Intercontinental Exchange

IDR — Indonesian Rupiah

ILS — Israeli New Sheckels

JPY — Japanese Yen

KRW — Korean Won

LIBOR — London Interbank Offered Rate

L.P. — Limited Partnership

MTN — Medium Term Note

MXN — Mexican Peso

MYR — Malaysian Ringgit

NOK — Norwegian Krone

NZD — New Zealand Dollar

PLC — Public Limited Company

PLN — Polish Zloty

RUB — Russian Ruble

SGD — Singapore Dollar

SEK — Swedish Krona

THB — Thai Bhat

TRY — Turkish Lira

USD — U.S. Dollar

VAR — Variable Rate

ZAR — South African Rand

The following is a list of the level of inputs used as of December 31, 2019, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

Investments in Securities	Level 1 ($)		Level 2 ($)		Level 3 ($)		Total ($)
Global Bonds		–		489,669		–		489,669
U.S. Treasury Obligations		–		20,661		–		20,661
Mortgage-Backed Securities		–		2,404		–		2,404
Total Investments in Securities		–		512,734		–		512,734

Other Financial Instruments	Level 1 ($)			Level 2 ($)			Level 3 ($)		Total ($)
Futures Contracts*
Unrealized Appreciation		307			–			–		307
Unrealized Depreciation		(784	)		–			–		(784	)
Forwards Contracts*
Unrealized Appreciation		–			1,606			–		1,606
Unrealized Depreciation		–			(7,584	)		–		(7,584	)
Centrally Cleared Swaps
Credit Default Swaps*
Unrealized Appreciation		–			11			–		11
Interest Rate Swaps*
Unrealized Depreciation		–			(81	)		–		(81	)
OTC Swaps
Credit Default Swaps*
Unrealized Appreciation		–			122			–		122
Interest Rate Swaps*
Unrealized Depreciation		–			(32	)		–		(32	)
Total Other Financial Instruments		(477)			(5,958)			–		(6,435)

*Futures contracts, forward contracts, and swap contracts are valued at the unrealized appreciation (depreciation) on the instrument.

For the period ended December 31, 2019, there were no transfers in or out of Level 3.

For information on the Fund’s policy regarding valuation of investments, fair value hierarchy levels and other significant accounting policies, please refer to the Fund’s most recent financial statements.

Amounts designated as “—” are either $0 or have been rounded to $0.

As of December 31, 2019 the International Fixed Income Fund is the seller (“providing protection”) on a total notional amount of $4.7 million. The notional amounts of the swaps are not recorded in the financial statements. The notional amounts approximate the maximum potential amount of future payments that the Fund could be required to make if the Fund were the seller of protection and a credit event was to occur. Those credit default swaps (“CDS”) for which the Fund is providing protection at the balance sheet date are summarized as follows:

WRITTEN CREDIT DERIVATIVE CONTRACTS	SINGLE NAME CREDIT DEFAULT SWAPS				CREDIT DEFAULT SWAP INDEX
REFERENCE ASSET	Corporate Debt		Sovereign Debt		Asset Backed Securities		Corporate Debt		Total
Fair value of written credit derivatives		$-		$-		$(131,987)		$59,990		$(71,997	)
Maximum potential amount of future payments		-		-		2,612,000		2,160,000		4,772,000
Recourse provisions with third parties to recover any amounts paid under the credit derivative (including any purchased credit protection)[1]		-		-		-		-		-
Collateral held by the Fund can obtain upon occurrence of triggering event		-		-		-		-		-

[1] Potential recoveries would include purchased credit derivatives to the extent they offset written credit derivatives which have an identical underlying, or a netting arrangement or credit support annex with the counterparty. There may be other potential recoveries from recourse provisions where agreements cover multiple derivative arrangements but those amounts have not been included.

MAXIMUM POTENTIAL AMOUNT OF FUTURE PAYMENTS BY CONTRACT TERM
	0-6 MONTHS		6-12 MONTHS		1-5 YEARS		5-10 YEARS		> 10 YEARS		Total
Current credit spread* on underlying (in basis points)[1]
0-400		$-		$-		$-		$-		$-		$-
> than 400		-		-		-		2,160,000		2,612,000		4,772,000
Total		$-		$-		$-		$2,160,000		$2,612,000		$4,772,000

[1] If Management uses credit ratings to evaluate the credit risk of an underlying asset, it may use such ratings in its disclosure by replacing credit spreads by credit ratings.

* The credit spread on the underlying asset is generally indicative of the current status of the underlying risk of the Fund having to perform. The spread also reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into a contract. Higher credit spreads with a shorter contract term is indicative of a higher likelihood of performance by the Fund.

SCHEDULE OF INVESTMENTS (Unaudited)

December 31, 2019

Emerging Markets Debt Fund

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS — 96.1%
Albania — 0.0%
Albania Government International Bond
3.500%, 10/09/2025	EUR		403	$	493
Angola — 1.1%
Angolan Government International Bond
9.375%, 05/08/2048			4,972		5,447
9.375%, 05/08/2048 (A)			217		238
8.250%, 05/09/2028			926		998
Angolan Government International Bond MTN
9.125%, 11/26/2049 (A)			2,730		2,916
9.125%, 11/26/2049			659		704
8.000%, 11/26/2029 (A)			1,337		1,424
8.000%, 11/26/2029			332		354
Republic of Angola Via Avenir II BV MTN
9.412%, VAR ICE LIBOR USD 6 Month+7.500%, 07/01/2023			4,554		4,945
6.388%, VAR ICE LIBOR USD 6 Month+4.500%, 12/07/2023			621		589
					17,615
Argentina — 1.8%
Adecoagro
6.000%, 09/21/2027 (A)			1,071		1,072
Argentina Treasury Bond
2.500%, 07/22/2021	ARS		2,000		54
Argentine Republic Government International Bond
56.590%, VAR Argentina Central Bank 7 Day Repo Rate0.000%, 06/21/2020	ARS		10,231		112
18.200%, 10/03/2021	ARS		5,928		37
7.820%, 12/31/2033	EUR		4,184		2,596
7.820%, 12/31/2033	EUR		18,341		11,863
6.875%, 04/22/2021			4,894		2,643
5.875%, 01/11/2028			4,023		1,891
5.000%, 01/15/2027 (B)	EUR		415		205
4.740%, 03/31/2029	EUR		7,800		3,941
4.625%, 01/11/2023 (B)			314		155
4.500%, 02/13/2020			2,955		1,669
3.375%, 01/15/2023	EUR		800		402
Autonomous City of Buenos Aires Argentina
44.086%, VAR 30-35d Argentina BADLAR Private Banks+3.250%, 03/29/2024	ARS		19,152		270
Bonos de la Nacion Argentina con Ajuste por CER
4.000%, 03/06/2020	ARS		23,296		592

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Provincia de Buenos Aires
7.875%, 06/15/2027			2,762	$	1,174
5.375%, 01/20/2023	EUR		620		259
Provincia de Cordoba
7.125%, 06/10/2021 (A)			531		390
Rio Energy
6.875%, 02/01/2025 (A)			1,285		784
6.875%, 02/01/2025 (B)			94		57
YPF MTN
63.354%, VAR 30-35d Argentina BADLAR Private Banks+4.000%, 07/07/2020			368		92
					30,258
Armenia — 0.0%
Republic of Armenia International Bond
3.950%, 09/26/2029 (B)			758		750
Azerbaijan — 1.3%
Republic of Azerbaijan International Bond
5.125%, 09/01/2029			1,711		1,861
4.750%, 03/18/2024			1,006		1,077
3.500%, 09/01/2032 (A)			507		498
Southern Gas Corridor CJSC
6.875%, 03/24/2026 (A)			1,437		1,702
6.875%, 03/24/2026 (A)			842		997
6.875%, 03/24/2026			6,045		7,159
State Oil of the Azerbaijan Republic
6.950%, 03/18/2030			2,310		2,834
6.950%, 03/18/2030			611		750
State Oil of the Azerbaijan Republic MTN
4.750%, 03/13/2023			1,300		1,366
4.750%, 03/13/2023			2,353		2,473
					20,717
Bahrain — 0.5%
Bahrain Government International Bond
7.500%, 09/20/2047 (A)			463		564
7.000%, 01/26/2026 (A)			295		347
6.750%, 09/20/2029 (A)			836		976
6.750%, 09/20/2029			200		233
6.125%, 08/01/2023			520		574
5.625%, 09/30/2031 (A)			1,826		1,957
Oil and Gas Holding BSCC
8.375%, 11/07/2028			1,021		1,238
8.375%, 11/07/2028 (A)			560		679
7.625%, 11/07/2024 (A)			1,158		1,344
7.500%, 10/25/2027			200		231
					8,143
Belarus — 0.1%
Republic of Belarus International Bond
7.625%, 06/29/2027			1,000		1,136

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
6.200%, 02/28/2030			358	$	380
					1,516
Belize — 0.0%
Belize Government International Bond
5.000%, 02/20/2034			1,117		690
Benin — 0.1%
Benin Government International Bond
5.750%, 03/26/2026 (A)	EUR		1,688		1,967
Bermuda — 0.2%
Bermuda Government International Bond
4.854%, 02/06/2024			868		945
4.750%, 02/15/2029			1,204		1,359
3.717%, 01/25/2027			1,521		1,597
					3,901
Bolivia — 0.0%
Bolivian Government International Bond
4.500%, 03/20/2028			700		707
Brazil — 6.2%
Brazil Letras do Tesouro Nacional (C)
11.065%, 07/01/2021	BRL		5,000		1,157
9.896%, 01/01/2022	BRL		8,000		1,795
8.579%, 07/01/2020	BRL		937		228
8.236%, 04/01/2020	BRL		3,000		738
Brazil Loan Trust 1
5.477%, 07/24/2023 (A)			1,376		1,426
5.477%, 07/24/2023			217		224
Brazil Minas SPE via State of Minas Gerais
5.333%, 02/15/2028 (B)			2,187		2,345
5.333%, 02/15/2028			1,176		1,261
5.333%, 02/15/2028 (A)			202		216
Brazil Notas do Tesouro Nacional, Serie B
6.000%, 08/15/2020	BRL		2,318		1,958
6.000%, 05/15/2045	BRL		3,475		3,998
6.000%, 08/15/2050	BRL		3,455		4,113
Brazil Notas do Tesouro Nacional, Serie F
10.000%, 01/01/2021	BRL		69,753		18,226
10.000%, 01/01/2023	BRL		56,715		15,676
10.000%, 01/01/2025	BRL		32,832		9,382
10.000%, 01/01/2027	BRL		30,000		8,794
10.000%, 01/01/2029	BRL		13,032		3,916
Brazilian Government International Bond
8.250%, 01/20/2034			370		510
6.000%, 04/07/2026			1,238		1,445
5.000%, 01/27/2045 (B)			327		340
4.750%, 01/14/2050			2,667		2,635
4.625%, 01/13/2028			40		43
4.500%, 05/30/2029			7,061		7,481
CSN Resources (A)
7.625%, 02/13/2023			694		740
7.625%, 04/17/2026			763		812

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Gol Finance
7.000%, 01/31/2025 (A)(B)			998	$	1,028
JBS Investments II GmbH
5.750%, 01/15/2028 (A)			466		491
Minerva Luxembourg
6.500%, 09/20/2026 (A)(B)			741		788
MV24 Capital BV
6.748%, 06/01/2034 (A)			883		932
Nexa Resources
5.375%, 05/04/2027 (A)			2,891		3,093
Petrobras Global Finance BV
6.900%, 03/19/2049			1,506		1,767
Rumo Luxembourg Sarl
7.375%, 02/09/2024 (A)			847		913
7.375%, 02/09/2024			750		808
Suzano Austria GmbH (A)
7.000%, 03/16/2047			399		469
6.000%, 01/15/2029			688		776
5.000%, 01/15/2030			494		519
Votorantim Cimentos International
7.250%, 04/05/2041			940		1,193
					102,236
Cameroon — 0.0%
Republic of Cameroon International Bond
9.500%, 11/19/2025 (A)			324		363
Cayman Islands — 0.2%
Bioceanico Sovereign Certificate Ltd
2.592%, 06/05/2034 (C)			1,678		1,168
Neon Capital MTN
215.437%, 01/06/2028 (D)	JPY		347,452		2,652
					3,820
Chile — 2.1%
Banco de Credito e Inversiones
3.500%, 10/12/2027 (A)			1,046		1,069
Bonos de la Tesoreria de la Republica en pesos
6.000%, 01/01/2020	CLP		80,000		109
6.000%, 01/01/2043	CLP		3,160,000		5,810
5.100%, 07/15/2050	CLP		75,000		123
5.000%, 03/01/2035	CLP		720,000		1,122
4.700%, 09/01/2030 (A)	CLP		4,175,000		6,317
4.500%, 03/01/2026	CLP		1,980,000		2,943
Cencosud
4.375%, 07/17/2027 (A)			1,819		1,791
Chile Government International Bond
3.500%, 01/25/2050			3,040		3,150
Empresa Electrica Angamos
4.875%, 05/25/2029 (A)			1,082		1,115
Empresa Nacional del Petroleo
4.750%, 12/06/2021			1,621		1,682

Description	Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
3.750%, 08/05/2026		749	$	766
Geopark
6.500%, 09/21/2024 (A)		492		513
Nacional del Cobre de Chile
5.625%, 10/18/2043		442		554
4.500%, 09/16/2025 (A)		2,281		2,465
4.375%, 02/05/2049 (A)(B)		2,627		2,824
3.625%, 08/01/2027 (A)		368		383
3.625%, 08/01/2027 (B)		353		367
3.000%, 09/30/2029 (A)		1,006		992
				34,095
China — 1.4%
Alibaba Group Holding
4.200%, 12/06/2047		310		344
Charming Light Investments MTN
4.375%, 12/21/2027 (B)		1,600		1,711
China Government International Bond
3.250%, 10/19/2023 (B)		1,535		1,606
China Minmetals
4.450%, VAR US Treas Yield Curve Rate T Note Const Mat 3 Yr+6.070%, 11/13/2168		640		650
3.750%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+4.717%, 05/13/2168		2,047		2,072
Chinalco Capital Holdings
4.250%, 04/21/2022 (B)		740		751
4.100%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+5.788%, 03/11/2168		224		226
CNAC HK Finbridge
5.125%, 03/14/2028 (B)		1,779		2,001
4.625%, 03/14/2023		294		309
3.375%, 06/19/2024		592		602
Dianjian Haiyu
4.300%, 12/20/2168		204		209
Dianjian International Finance
4.600%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr +6.933%, 07/19/2168		303		313
ENN Clean Energy International Investment
7.500%, 02/27/2021		475		489
HBIS Group Hong Kong
4.250%, 04/07/2020		684		681
Huarong Finance 2017
4.500%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+7.773%, 07/24/2168		1,378		1,400
Leader Goal International Ltd MTN
4.250%, 07/19/2168 (D)		212		217

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Sinopec Group Overseas Development 2016
2.750%, 09/29/2026			1,066	$	1,059
Sinopec Group Overseas Development 2017
3.625%, 04/12/2027 (B)			2,458		2,577
Sinopec Group Overseas Development 2018
4.250%, 09/12/2028 (B)			1,616		1,782
2.500%, 08/08/2024 (A)			3,010		3,019
Wanda Properties International
7.250%, 01/29/2024			400		394
					22,412
Colombia — 4.6%
Bancolombia
4.625%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+2.944%, 12/18/2029			821		832
Colombian TES
10.000%, 07/24/2024	COP		8,219,100		6,572
7.750%, 09/18/2030	COP		9,427,100		3,176
7.500%, 08/26/2026	COP		6,166,400		12,032
7.250%, 10/18/2034	COP		6,609,500		2,136
7.000%, 05/04/2022	COP		8,296,600		5,820
7.000%, 06/30/2032	COP		7,110,200		2,262
6.250%, 11/26/2025	COP		1,502,600		9,878
6.000%, 04/28/2028	COP		9,219,700		5,829
4.750%, 04/04/2035	COP		1,170,600		1,235
Ecopetrol
5.875%, 09/18/2023			902		998
Emgesa ESP
8.750%, 01/25/2021	COP		870,000		273
Empresas Publicas de Medellin ESP (A)
8.375%, 11/08/2027	COP		1,760,000		565
7.625%, 09/10/2024	COP		3,116,000		987
Financiera de Desarrollo Territorial Findeter
7.875%, 08/12/2024 (A)	COP		1,127,000		362
7.875%, 08/12/2024	COP		884,000		284
Republic of Colombia
9.850%, 06/28/2027	COP		5,060,000		1,934
8.125%, 05/21/2024			1,127		1,386
7.750%, 04/14/2021	COP		3,331,000		1,046
7.375%, 09/18/2037			971		1,379
6.125%, 01/18/2041			1,584		2,050
5.625%, 02/26/2044			132		164
5.200%, 05/15/2049			1,986		2,390
5.000%, 06/15/2045			2,922		3,394
4.500%, 01/28/2026 (B)			2,352		2,562
4.500%, 03/15/2029			2,559		2,838
4.375%, 03/21/2023	COP		2,871,000		856
4.000%, 02/26/2024 (B)			965		1,017
3.875%, 04/25/2027			946		1,000
					75,257

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Costa Rica — 0.6%
Costa Rica Government International Bond
7.158%, 03/12/2045			912	$	971
7.158%, 03/12/2045			2,444		2,603
7.158%, 03/12/2045 (A)			587		625
7.000%, 04/04/2044			1,208		1,272
7.000%, 04/04/2044			230		242
6.125%, 02/19/2031			905		963
6.125%, 02/19/2031 (A)			740		787
4.375%, 04/30/2025 (B)			662		660
4.250%, 01/26/2023			870		874
Instituto Costarricense de Electricidad
6.375%, 05/15/2043			250		215
					9,212
Croatia — 0.3%
Croatia Government International Bond
6.625%, 07/14/2020			1,547		1,583
2.750%, 01/27/2030	EUR		1,969		2,633
1.125%, 06/19/2029	EUR		963		1,114
					5,330
Czech Republic — 1.3%
Czech Republic Government Bond
4.200%, 12/04/2036	CZK		28,000		1,666
2.750%, 07/23/2029	CZK		121,500		5,876
2.500%, 08/25/2028	CZK		41,920		1,984
2.400%, 09/17/2025	CZK		144,900		6,682
2.000%, 10/13/2033	CZK		36,060		1,625
1.000%, 06/26/2026	CZK		32,290		1,371
0.950%, 05/15/2030	CZK		69,140		2,846
					22,050
Dominican Republic — 1.0%
Dominican Republic International Bond
11.250%, 02/05/2027	DOP		14,500		289
9.750%, 06/05/2026 (A)	DOP		25,300		488
8.900%, 02/15/2023 (A)	DOP		65,750		1,235
7.450%, 04/30/2044 (A)			687		829
6.875%, 01/29/2026			575		656
6.850%, 01/27/2045			1,050		1,198
6.850%, 01/27/2045 (A)			479		547
6.600%, 01/28/2024			656		729
6.500%, 02/15/2048			2,817		3,106
6.400%, 06/05/2049			1,951		2,139
6.000%, 07/19/2028			3,558		3,954
5.950%, 01/25/2027 (B)			638		704
5.875%, 04/18/2024 (A)			71		76
5.500%, 01/27/2025			949		1,021
					16,971
Ecuador — 1.1%
Ecuador Government International Bond
10.750%, 01/31/2029 (A)			1,348		1,314

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
10.750%, 01/31/2029			4,337	$	4,229
9.650%, 12/13/2026			944		897
9.650%, 12/13/2026 (A)			206		196
9.625%, 06/02/2027			777		732
9.500%, 03/27/2030 (A)			1,954		1,822
9.500%, 03/27/2030			202		188
8.875%, 10/23/2027			3,158		2,898
8.875%, 10/23/2027 (A)			245		225
7.950%, 06/20/2024 (B)			2,153		2,040
7.875%, 03/27/2025			1,190		1,089
7.875%, 01/23/2028			1,777		1,579
7.875%, 01/23/2028 (A)			213		189
Petroamazonas EP
4.625%, 02/16/2020 (A)			95		95
					17,493
Egypt — 2.9%
Egypt Government Bond
14.217%, 10/15/2026	EGP		22,322		1,425
Egypt Government International Bond
18.000%, 11/06/2028	EGP		30,307		2,299
17.700%, 08/07/2025	EGP		29,457		2,117
16.300%, 04/09/2024	EGP		15,034		1,013
16.100%, 05/07/2029	EGP		14,920		1,045
15.900%, 07/02/2024	EGP		19,208		1,284
15.600%, 08/06/2026	EGP		25,450		1,717
14.800%, 01/30/2023	EGP		65,021		4,160
8.700%, 03/01/2049 (A)			529		591
7.903%, 02/21/2048 (A)			421		441
5.577%, 02/21/2023 (A)			741		775
Egypt Government International Bond MTN
8.500%, 01/31/2047 (A)			934		1,036
8.500%, 01/31/2047			6,251		6,935
8.150%, 11/20/2059 (A)			976		1,042
8.150%, 11/20/2059			277		296
7.600%, 03/01/2029			1,550		1,695
7.053%, 01/15/2032 (A)			1,432		1,500
7.053%, 01/15/2032			321		336
6.375%, 04/11/2031 (A)	EUR		1,741		2,091
6.375%, 04/11/2031	EUR		1,030		1,237
6.125%, 01/31/2022 (A)			865		901
5.625%, 04/16/2030	EUR		3,322		3,841
5.625%, 04/16/2030 (A)	EUR		2,714		3,138
4.750%, 04/11/2025	EUR		457		540
4.750%, 04/16/2026	EUR		1,269		1,497
Egypt Treasury Bills (C)
17.587%, 02/04/2020	EGP		44,875		2,763
16.989%, 08/04/2020	EGP		33,000		1,890
					47,605

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
El Salvador — 0.4%
El Salvador Government International Bond
8.250%, 04/10/2032 (A)			326	$	388
Republic of El Salvador
8.625%, 02/28/2029			1,237		1,484
8.250%, 04/10/2032			700		834
7.750%, 01/24/2023			1,690		1,855
7.650%, 06/15/2035 (B)			499		569
7.625%, 02/01/2041			327		373
7.125%, 01/20/2050			640		681
5.875%, 01/30/2025			872		919
					7,103
Gabon — 0.1%
Gabonese Republic
6.950%, 06/16/2025 (A)			1,548		1,630
Georgia — 0.0%
Republic of Georgia
6.875%, 04/12/2021 (A)			66		69
Ghana — 0.8%
Ghana Government International Bond
24.750%, 07/19/2021	GHS		–		–
19.750%, 03/25/2024	GHS		5,311		890
19.000%, 11/02/2026	GHS		11,055		1,763
10.750%, 10/14/2030			4,126		5,276
8.950%, 03/26/2051			301		307
8.950%, 03/26/2051 (A)			278		284
8.627%, 06/16/2049 (A)			593		591
8.125%, 03/26/2032 (B)			1,120		1,140
7.875%, 03/26/2027			899		944
7.875%, 03/26/2027 (A)			771		810
Kosmos Energy
7.125%, 04/04/2026 (A)			190		194
Republic of Ghana
8.125%, 01/18/2026 (A)			83		90
Tullow Oil
7.000%, 03/01/2025 (A)(B)			1,460		1,229
					13,518
Guatemala — 0.1%
Comunicaciones Celulares Via Comcel Trust
6.875%, 02/06/2024 (A)			390		400
Guatemala Government Bond
4.900%, 06/01/2030			1,292		1,382
					1,782
Honduras — 0.0%
Honduras Government International Bond
6.250%, 01/19/2027			326		356
Hong Kong — 0.0%
NWD
4.125%, 07/18/2029 (B)			757		759

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Hungary — 1.9%
Hungary Government Bond
6.750%, 10/22/2028	HUF		489,630	$	2,328
6.375%, 03/29/2021			4,004		4,219
5.750%, 11/22/2023			886		999
5.500%, 06/24/2025	HUF		500,750		2,096
5.375%, 03/25/2024			1,107		1,248
3.000%, 06/26/2024	HUF		1,144,280		4,260
3.000%, 10/27/2027	HUF		2,286,540		8,531
3.000%, 08/21/2030	HUF		438,920		1,626
2.750%, 12/22/2026	HUF		1,072,960		3,959
2.500%, 10/24/2024	HUF		653,680		2,379
					31,645
India — 0.1%
Vedanta Resources
8.250%, 06/07/2021			820		848
Indonesia — 7.8%
Indonesia Asahan Aluminium Persero
6.757%, 11/15/2048			257		331
5.710%, 11/15/2023 (A)			618		682
Indonesia Government International Bond
9.000%, 03/15/2029	IDR		1,750,000		4,961
8.750%, 05/15/2031	IDR		779,000		4,833
8.500%, 10/12/2035			2,524		3,970
8.375%, 03/15/2024	IDR		173,000		4,644
8.375%, 09/15/2026	IDR		1,281,000		2,423
8.375%, 03/15/2034	IDR		5,569,000		12,761
8.375%, 04/15/2039	IDR		3,561,000		11,836
8.250%, 05/15/2029	IDR		6,525,000		5,942
8.250%, 06/15/2032	IDR		2,030,000		916
8.250%, 05/15/2036	IDR		2,516,000		5,459
8.125%, 05/15/2024	IDR		6,235,000		5,854
7.750%, 01/17/2038			1,797		2,700
7.500%, 08/15/2032	IDR		6,770,000		1,919
7.500%, 05/15/2038	IDR		6,662,000		5,453
7.000%, 05/15/2022	IDR		233,000		2,950
7.000%, 05/15/2027	IDR		3,129,000		4,529
6.625%, 05/15/2033	IDR		4,323,000		1,616
6.125%, 05/15/2028	IDR		8,570,000		1,939
5.625%, 05/15/2023	IDR		1,661,000		8,607
5.250%, 01/08/2047 (A)			170		208
4.750%, 02/11/2029			985		1,128
4.350%, 01/08/2027 (A)			1,540		1,680
3.700%, 10/30/2049 (B)			650		667
1.400%, 10/30/2031	EUR		778		867
Indonesia Government International Bond MTN
5.250%, 01/17/2042			3,120		3,753
5.125%, 01/15/2045			410		488
4.750%, 01/08/2026			1,433		1,592

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
4.625%, 04/15/2043			1,745	$	1,951
4.125%, 01/15/2025			1,600		1,715
3.850%, 07/18/2027			2,708		2,882
Indonesia Treasury Bond
7.500%, 06/15/2035	IDR		2,000,000		865
6.500%, 06/15/2025	IDR		7,000,000		2,677
JPMorgan Chase Bank MTN (A)
8.375%, 04/19/2039	IDR		3,409,000		265
7.500%, 06/15/2035	IDR		63,788,000		4,596
Pertamina Persero MTN
6.450%, 05/30/2044			789		1,013
4.700%, 07/30/2049 (A)			244		260
3.650%, 07/30/2029 (A)(B)			1,643		1,720
Perusahaan Listrik Negara
1.875%, 11/05/2031 (A)	EUR		691		770
Perusahaan Listrik Negara MTN
6.150%, 05/21/2048 (A)			857		1,081
6.150%, 05/21/2048			250		316
5.450%, 05/21/2028 (A)			262		301
4.375%, 02/05/2050 (A)			265		268
Perusahaan Penerbit SBSN Indonesia III
4.400%, 03/01/2028			573		626
4.325%, 05/28/2025			2,135		2,306
Star Energy Geothermal Wayang Windu
6.750%, 04/24/2033			433		458
					128,778
Iraq — 0.0%
Iraq International Bond
5.800%, 01/15/2028			460		449
5.800%, 01/15/2028			347		339
					788
Ivory Coast — 0.9%
Ivory Coast Government International Bond
6.875%, 10/17/2040	EUR		1,169		1,369
6.625%, 03/22/2048	EUR		1,552		1,751
6.625%, 03/22/2048	EUR		271		306
6.375%, 03/03/2028 (A)			139		146
5.875%, 10/17/2031 (A)	EUR		1,636		1,906
5.875%, 10/17/2031	EUR		937		1,092
5.750%, 12/31/2032			1,943		1,939
5.750%, 12/31/2032			2,292		2,287
5.250%, 03/22/2030	EUR		1,578		1,803
5.125%, 06/15/2025 (B)	EUR		1,371		1,694
					14,293
Jamaica — 0.2%
Government of Jamaica
7.875%, 07/28/2045			2,628		3,548
Jordan — 0.2%
Jordan Government International Bond
7.375%, 10/10/2047 (A)			1,629		1,735

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
7.375%, 10/10/2047			693	$	738
					2,473
Kazakhstan — 1.3%
Development Bank of Kazakhstan
4.125%, 12/10/2022			770		801
Kazakhstan Government International Bond MTN
6.500%, 07/21/2045			330		487
2.375%, 11/09/2028 (B)	EUR		306		389
KazMunayGas National JSC
6.375%, 10/24/2048 (A)			2,522		3,242
5.750%, 04/19/2047 (A)(B)			3,212		3,830
5.750%, 04/19/2047			63		75
5.375%, 04/24/2030 (A)			1,834		2,123
5.375%, 04/24/2030 (B)			2,560		2,964
4.750%, 04/24/2025 (A)			2,068		2,267
3.875%, 04/19/2022			2,577		2,654
KazTransGas JSC
4.375%, 09/26/2027			1,996		2,093
4.375%, 09/26/2027 (A)			932		977
					21,902
Kenya — 0.4%
Kenya Government International Bond
8.250%, 02/28/2048 (B)			660		706
8.250%, 02/28/2048 (A)			654		699
8.000%, 05/22/2032			1,872		2,037
8.000%, 05/22/2032 (A)			728		792
7.000%, 05/22/2027			1,250		1,330
7.000%, 05/22/2027 (A)			671		714
6.875%, 06/24/2024			473		511
					6,789
Kuwait — 0.1%
Kuwait International Government Bond
3.500%, 03/20/2027			218		234
2.750%, 03/20/2022			645		655
NBK Tier 1 Financing 2
4.500%, VAR USD Swap Semi 30/360 6 Yr Curr+2.832%, 05/27/2168 (A)			513		512
					1,401
Lebanon — 0.1%
Lebanon Government International Bond
6.000%, 01/27/2023			789		362
Lebanon Government International Bond MTN
6.650%, 11/03/2028			1,112		485
6.600%, 11/27/2026			588		260
6.100%, 10/04/2022			1,573		751
6.100%, 10/04/2022			569		272
					2,130

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Lithuania — 0.1%
Lithuania Government International Bond
7.375%, 02/11/2020			923	$	928
Luxembourg — 0.0%
Millicom International Cellular
6.250%, 03/25/2029 (A)			449		495
Malaysia — 5.4%
1MDB Energy
5.990%, 05/11/2022			2,000		2,106
1MDB Global Investments
4.400%, 03/09/2023			6,200		6,029
4.400%, 03/09/2023			1,000		972
Malaysia Government Bond
5.248%, 09/15/2028	MYR		1,050		292
4.935%, 09/30/2043	MYR		2,200		612
4.893%, 06/08/2038	MYR		2,400		668
4.642%, 11/07/2033	MYR		1,700		459
4.392%, 04/15/2026	MYR		3,480		903
4.232%, 06/30/2031	MYR		6,200		1,608
4.181%, 07/15/2024	MYR		4,186		1,066
4.160%, 07/15/2021	MYR		15,369		3,822
4.059%, 09/30/2024	MYR		8,000		2,028
4.048%, 09/30/2021	MYR		2,259		562
3.955%, 09/15/2025	MYR		21,783		5,515
3.906%, 07/15/2026	MYR		16,152		4,086
3.899%, 11/16/2027	MYR		2,500		633
3.889%, 07/31/2020	MYR		7,629		1,876
3.885%, 08/15/2029	MYR		23,033		5,888
3.882%, 03/10/2022	MYR		19,617		4,885
3.828%, 07/05/2034	MYR		120		30
3.800%, 08/17/2023	MYR		30,074		7,522
3.795%, 09/30/2022	MYR		3,200		797
3.757%, 04/20/2023	MYR		13,915		3,472
3.733%, 06/15/2028	MYR		12,719		3,189
3.659%, 10/15/2020	MYR		1,419		349
3.620%, 11/30/2021	MYR		22,657		5,601
3.502%, 05/31/2027	MYR		1,050		259
3.492%, 03/31/2020	MYR		56,134		13,751
3.480%, 03/15/2023	MYR		2,858		707
3.478%, 06/14/2024	MYR		6,160		1,523
3.418%, 08/15/2022	MYR		10,450		2,577
Malaysia Government Investment Issue
4.369%, 10/31/2028	MYR		1,200		313
4.070%, 09/30/2026	MYR		6,500		1,654
Malaysia Sukuk Global
3.179%, 04/27/2026			3,003		3,115
					88,869
Mauritius — 0.1%
Liquid Telecommunications Financing
8.500%, 07/13/2022 (A)			836		848

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Mexico — 8.6%
America Movil
7.125%, 12/09/2024	MXN		18,110	$	934
Axtel
6.375%, 11/14/2024 (A)			713		751
Banco Mercantil del Norte (A)
7.500%, VAR US Treas Yield Curve Rate T Note Const Mat 10 Yr+5.470%, 09/27/2168			476		508
6.750%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+4.967%, 09/27/2168			609		633
Banco Nacional de Comercio Exterior SNC
3.800%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+3.000%, 08/11/2026			2,166		2,190
3.800%, VAR US Treas Yield Curve Rate T Note Const Mat 5 Yr+3.000%, 08/11/2026 (A)			1,015		1,027
Cemex
7.750%, 04/16/2026			670		730
Cometa Energia
6.375%, 04/24/2035 (A)			688		748
Comision Federal de Electricidad
7.350%, 11/25/2025	MXN		39,785		1,964
5.750%, 02/14/2042 (A)			500		557
4.750%, 02/23/2027 (A)			458		483
Industrias Penoles
5.650%, 09/12/2049 (A)			359		383
Mexican Bonos
8.000%, 11/07/2047	MXN		38,771		2,248
7.750%, 11/23/2034	MXN		39,185		2,222
7.750%, 11/13/2042	MXN		146,708		8,239
7.500%, 06/03/2027	MXN		175,498		9,652
6.500%, 06/09/2022	MXN		32,396		1,705
5.750%, 03/05/2026	MXN		87,650		4,397
Mexican Bonos, Ser M20
10.000%, 12/05/2024	MXN		376,544		22,631
8.500%, 05/31/2029	MXN		63,125		3,721
8.000%, 12/07/2023	MXN		19,699		1,087
7.750%, 05/29/2031 (B)	MXN		164,453		9,290
Mexican Bonos, Ser M30
8.500%, 11/18/2038	MXN		65,591		3,960
Mexican Udibonos
4.000%, 11/15/2040	MXN		37,716		2,163
4.000%, 11/03/2050	MXN		40,013		2,344
Mexico Cetes (C)
7.525%, 01/23/2020	MXN		488,456		2,575
7.360%, 04/23/2020	MXN		753,486		3,900
Mexico City Airport Trust
5.500%, 07/31/2047 (A)			715		737

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Mexico Government International Bond
4.500%, 04/22/2029			4,525	$	4,962
4.500%, 01/31/2050			1,668		1,803
4.350%, 01/15/2047 (B)			1,763		1,860
Mexico Government International Bond MTN
5.750%, 10/12/2110			3,576		4,230
4.750%, 03/08/2044			386		427
Minera Mexico
4.500%, 01/26/2050 (A)			627		638
Petroleos Mexicanos
9.500%, 09/15/2027			169		203
7.690%, 01/23/2050 (A)			2,410		2,630
7.690%, 01/23/2050			682		744
7.470%, 11/12/2026	MXN		175,079		8,109
7.190%, 09/12/2024	MXN		108,672		5,237
6.840%, 01/23/2030 (A)			5,456		5,818
6.625%, 06/15/2035			3,100		3,176
6.500%, 03/13/2027			1,511		1,604
6.500%, 01/23/2029 (A)			785		826
6.350%, 02/12/2048 (A)			742		716
6.350%, 02/12/2048			678		654
5.625%, 01/23/2046			468		418
5.350%, 02/12/2028			1,329		1,322
5.350%, 02/12/2028 (A)			1,079		1,074
4.500%, 01/23/2026			2,372		2,362
Petroleos Mexicanos MTN
6.750%, 09/21/2047			553		554
4.875%, 02/21/2028	EUR		755		908
					142,054
Mongolia — 0.4%
Development Bank of Mongolia
7.250%, 10/23/2023 (A)			784		830
Mongolia Government International Bond
5.625%, 05/01/2023			2,287		2,356
Mongolia Government International Bond MTN
8.750%, 03/09/2024			1,951		2,216
Trade & Development Bank of Mongolia MTN
9.375%, 05/19/2020 (A)			355		361
9.375%, 05/19/2020			350		356
					6,119
Morocco — 0.1%
Morocco Government International Bond
1.500%, 11/27/2031	EUR		1,121		1,258
Mozambique — 0.1%
Mozambique International Bond
5.000%, 09/15/2031 (A)			2,106		1,962
Namibia — 0.0%
Namibia International Bonds
5.250%, 10/29/2025			379		393

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Netherlands — 0.1%
Minejesa Capital BV
5.625%, 08/10/2037 (A)			96	$	104
Petrobras Global Finance BV
5.750%, 02/01/2029 (B)			790		891
					995
Nigeria — 1.0%
IHS Netherlands Holdco
8.000%, 09/18/2027 (A)			510		542
Nigeria Government International Bond
9.248%, 01/21/2049			912		1,018
8.747%, 01/21/2031			2,949		3,252
8.747%, 01/21/2031 (A)			535		590
7.875%, 02/16/2032			3,514		3,643
7.696%, 02/23/2038			3,863		3,872
7.143%, 02/23/2030 (A)			618		629
Nigeria Government International Bond MTN (B)
6.500%, 11/28/2027 (A)			2,480		2,530
6.500%, 11/28/2027			230		235
Nigeria Treasury Bill
15.892%, 02/27/2020 (C)	NGN		229,138		619
					16,930
Oman — 0.8%
Oman Government International Bond
6.750%, 01/17/2048			3,403		3,418
6.750%, 01/17/2048 (A)			808		811
6.500%, 03/08/2047			1,244		1,230
6.500%, 03/08/2047 (A)			482		477
5.625%, 01/17/2028 (A)			1,893		1,957
5.375%, 03/08/2027 (A)			60		62
4.750%, 06/15/2026			900		912
3.625%, 06/15/2021			1,326		1,332
Oman Government International Bond MTN (A)
6.000%, 08/01/2029			1,091		1,139
4.875%, 02/01/2025			1,767		1,827
					13,165
Pakistan — 0.2%
Pakistan Government International Bond
8.250%, 09/30/2025			1,000		1,118
8.250%, 09/30/2025 (A)			714		799
7.875%, 03/31/2036 (B)			200		206
6.875%, 12/05/2027 (B)			1,578		1,642
					3,765
Panama — 1.0%
Aeropuerto Internacional de Tocumen
6.000%, 11/18/2048 (A)			672		832
5.625%, 05/18/2036			555		653

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Cable Onda
4.500%, 01/30/2030 (A)			208	$	219
Empresa de Transmision Electrica
5.125%, 05/02/2049 (A)			635		722
Panama Notas del Tesoro
3.750%, 04/17/2026 (A)			801		843
Republic of Panama
9.375%, 04/01/2029 (B)			1,004		1,534
8.125%, 04/28/2034			478		695
4.500%, 05/15/2047			764		908
3.870%, 07/23/2060			1,148		1,236
3.160%, 01/23/2030			8,012		8,252
					15,894
Papua New Guinea — 0.3%
Papua New Guinea Government
International Bond
8.375%, 10/04/2028			531		562
8.375%, 10/04/2028 (A)			3,374		3,572
					4,134
Paraguay — 0.3%
Paraguay Government International Bond
6.100%, 08/11/2044			1,010		1,239
6.100%, 08/11/2044 (A)			530		650
5.400%, 03/30/2050			367		423
5.400%, 03/30/2050 (A)			240		277
5.000%, 04/15/2026			885		978
5.000%, 04/15/2026			595		658
					4,225
Peru — 2.5%
Abengoa Transmision Sur
6.875%, 04/30/2043 (A)			267		338
Fondo MIVIVIENDA
7.000%, 02/14/2024 (A)	PEN		3,704		1,243
Inkia Energy
5.875%, 11/09/2027 (A)			359		374
Kallpa Generacion
4.125%, 08/16/2027 (A)			723		737
Lima Metro Line 2 Finance
4.350%, 04/05/2036 (A)			1,520		1,609
Peru Government Bond
5.350%, 08/12/2040 (A)	PEN		708		216
Peru LNG Srl
5.375%, 03/22/2030 (A)			754		743
Peruvian Government International Bond
8.200%, 08/12/2026	PEN		11,712		4,501
8.200%, 08/12/2026	PEN		963		370
8.200%, 08/12/2026	PEN		8,208		3,154
6.950%, 08/12/2031	PEN		11,237		4,088
6.950%, 08/12/2031	PEN		154		56
6.900%, 08/12/2037	PEN		2,480		902

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
6.850%, 02/12/2042	PEN		613	$	222
6.550%, 03/14/2037			520		761
6.350%, 08/12/2028	PEN		346		121
6.350%, 08/12/2028	PEN		1,570		550
6.350%, 08/12/2028 (A)	PEN		1,465		513
6.350%, 08/12/2028	PEN		5,940		2,080
6.150%, 08/12/2032 (A)	PEN		13,992		4,786
5.940%, 02/12/2029 (A)	PEN		367		125
5.700%, 08/12/2024 (A)	PEN		4,932		1,663
5.625%, 11/18/2050 (B)			823		1,203
5.400%, 08/12/2034 (A)	PEN		4,002		1,268
2.844%, 06/20/2030			3,381		3,488
Petroleos del Peru
5.625%, 06/19/2047			2,272		2,638
5.625%, 06/19/2047 (A)			366		425
4.750%, 06/19/2032			1,843		2,018
4.750%, 06/19/2032 (A)(B)			1,201		1,315
					41,507
Philippines — 0.4%
Philippine Government International Bond
4.000%, 01/15/2021			3,394		3,466
3.900%, 11/26/2022	PHP		45,000		887
3.750%, 01/14/2029			1,512		1,668
					6,021
Poland — 2.5%
Republic of Poland Government Bond
5.000%, 03/23/2022			2,980		3,183
3.250%, 07/25/2025	PLN		11,310		3,191
2.750%, 04/25/2028	PLN		18,202		5,032
2.750%, 10/25/2029	PLN		1,844		513
2.500%, 01/25/2023	PLN		41,804		11,306
2.500%, 04/25/2024	PLN		6,060		1,647
2.500%, 07/25/2026	PLN		26,843		7,301
2.500%, 07/25/2027	PLN		5,278		1,433
2.250%, 04/25/2022	PLN		13,055		3,499
2.000%, 04/25/2021	PLN		912		243
1.750%, 07/25/2021	PLN		5,000		1,326
1.555%, 07/25/2020 (C)	PLN		10,140		2,662
					41,336
Qatar — 1.4%
Qatar Government International Bond
5.750%, 01/20/2042 (A)			574		786
5.103%, 04/23/2048 (A)			1,650		2,119
5.103%, 04/23/2048 (B)			2,005		2,574
4.817%, 03/14/2049 (A)			795		984
4.817%, 03/14/2049 (B)			7,319		9,057
4.500%, 04/23/2028 (A)			1,799		2,060
4.000%, 03/14/2029 (A)			2,833		3,162
4.000%, 03/14/2029			2,497		2,787
					23,529

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Romania — 1.4%
Government of Romania
5.850%, 04/26/2023	RON		1,720	$	428
Romania Government Bond
4.850%, 04/22/2026	RON		16,775		4,091
4.400%, 09/25/2023	RON		7,500		1,794
Romanian Government International Bond
5.800%, 07/26/2027	RON		7,880		2,031
5.125%, 06/15/2048			838		963
5.000%, 02/12/2029	RON		10,160		2,478
4.500%, 06/17/2024	RON		14,875		3,561
4.250%, 06/28/2023	RON		2,730		648
4.000%, 10/27/2021	RON		10,545		2,488
Romanian Government International Bond MTN
6.750%, 02/07/2022			904		988
4.625%, 04/03/2049	EUR		278		385
4.125%, 03/11/2039	EUR		1,908		2,484
3.375%, 02/08/2038	EUR		973		1,188
2.124%, 07/16/2031	EUR		158		181
					23,708
Russia — 6.7%
Gazprom OAO Via Gaz Capital
5.150%, 02/11/2026 (A)			2,673		2,973
GTH Finance BV
6.250%, 04/26/2020			580		582
GTLK Europe Capital DAC
4.949%, 02/18/2026			968		998
GTLK Europe DAC
5.950%, 07/19/2021			470		490
Ritekro (E)
10.490%, 11/07/2022 (C)			914		612
Rusal Capital DAC
5.125%, 02/02/2022			860		879
Russian Federal Bond - OFZ
8.500%, 09/17/2031	RUB		176,982		3,368
8.150%, 02/03/2027	RUB		827,610		14,896
7.950%, 10/07/2026	RUB		688,722		12,203
7.750%, 09/16/2026	RUB		68,909		1,209
7.700%, 03/23/2033	RUB		229,686		4,125
7.500%, 08/18/2021	RUB		21,285		353
7.250%, 05/10/2034	RUB		303,661		5,270
7.100%, 10/16/2024	RUB		170,937		2,884
7.050%, 01/19/2028	RUB		1,041,377		17,702
7.000%, 08/16/2023 (B)	RUB		417,089		6,985
6.900%, 05/23/2029	RUB		438,898		7,448
Russian Foreign Bond - Eurobond
7.500%, 03/31/2030			2		2
5.875%, 09/16/2043 (B)			2,200		2,966
5.625%, 04/04/2042			800		1,046
5.250%, 06/23/2047 (B)			2,400		3,004

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
5.100%, 03/28/2035 (A)			2,200	$	2,629
5.100%, 03/28/2035 (B)			600		718
4.750%, 05/27/2026			3,400		3,793
4.375%, 03/21/2029			8,400		9,337
4.250%, 06/23/2027			800		873
SCF Capital Designated Activity
5.375%, 06/16/2023 (A)			729		782
Vnesheconombank Via VEB Finance
6.902%, 07/09/2020			1,310		1,339
6.800%, 11/22/2025			580		691
6.800%, 11/22/2025 (A)			150		179
					110,336
Saudi Arabia — 1.4%
Acwa Power Management And Investments One
5.950%, 12/15/2039 (A)			2,943		3,129
KSA Sukuk MTN (A)
3.628%, 04/20/2027			934		990
2.969%, 10/29/2029			3,663		3,677
Saudi Arabian Oil MTN
4.250%, 04/16/2039			1,530		1,639
4.250%, 04/16/2039 (A)(B)			4,637		4,967
2.875%, 04/16/2024			1,645		1,670
Saudi Government International Bond (A)
5.250%, 01/16/2050 (B)			778		967
4.375%, 04/16/2029			382		428
Saudi Government International Bond MTN
5.000%, 04/17/2049 (A)			1,360		1,625
5.000%, 04/17/2049 (B)			1,003		1,199
4.625%, 10/04/2047			1,041		1,171
4.625%, 10/04/2047 (A)			423		476
4.500%, 10/26/2046			580		642
3.625%, 03/04/2028 (A)			934		986
					23,566
Senegal — 0.2%
Senegal Government International Bond
6.250%, 07/30/2024 (B)			877		970
6.250%, 05/23/2033			740		777
6.250%, 05/23/2033 (A)			151		159
4.750%, 03/13/2028	EUR		1,135		1,341
					3,247
Serbia — 0.9%
Republic of Serbia
7.250%, 09/28/2021			2,697		2,939
7.250%, 09/28/2021 (A)			200		218
Serbia International Bond
1.500%, 06/26/2029	EUR		3,154		3,599
Serbia Treasury Bonds
5.875%, 02/08/2028	RSD		203,510		2,346
4.500%, 01/11/2026	RSD		211,800		2,213

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
3.750%, 01/17/2022	RSD		350,070	$	3,456
					14,771
South Africa — 4.5%
Eskom Holdings SOC
7.125%, 02/11/2025 (A)			2,085		2,131
7.125%, 02/11/2025			1,430		1,461
5.750%, 01/26/2021			665		666
Eskom Holdings SOC MTN
8.450%, 08/10/2028 (A)(B)			471		507
7.500%, 09/15/2033	ZAR		35,200		1,917
6.750%, 08/06/2023			1,556		1,585
6.750%, 08/06/2023 (A)(B)			1,329		1,354
6.350%, 08/10/2028 (A)			322		345
Republic of South Africa
10.500%, 12/21/2026	ZAR		211,105		16,885
9.000%, 01/31/2040	ZAR		141,298		9,209
8.875%, 02/28/2035	ZAR		109,759		7,322
8.750%, 01/31/2044	ZAR		52,605		3,305
8.750%, 02/28/2048	ZAR		47,057		2,968
8.500%, 01/31/2037	ZAR		47,889		3,032
8.250%, 03/31/2032	ZAR		36,331		2,384
7.000%, 02/28/2031	ZAR		51,041		3,090
6.500%, 02/28/2041	ZAR		6,319		314
6.300%, 06/22/2048 (B)			964		1,020
6.250%, 03/31/2036	ZAR		68,414		3,500
5.875%, 09/16/2025 (B)			1,460		1,607
5.875%, 06/22/2030			1,402		1,515
5.750%, 09/30/2049			3,829		3,729
5.650%, 09/27/2047			386		375
5.000%, 10/12/2046			357		327
4.875%, 04/14/2026			300		312
4.850%, 09/27/2027			420		434
4.850%, 09/30/2029			2,228		2,228
SASOL Financing USA
5.875%, 03/27/2024			442		479
Transnet SOC MTN
9.500%, 05/13/2021 (A)	ZAR		6,760		492
					74,493
South Korea — 0.2%
Export-Import Bank of Korea MTN
8.400%, 11/30/2021	IDR		2,400,000		1,664
7.250%, 12/07/2024	IDR		700,000		51
Korea International Bond
2.500%, 06/19/2029			1,469		1,485
2.000%, 06/19/2024			824		824
					4,024
Spain — 0.1%
AI Candelaria Spain SLU
7.500%, 12/15/2028 (A)			1,269		1,423

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Sri Lanka — 1.2%
Sri Lanka Government International Bond
7.850%, 03/14/2029			1,598	$	1,618
7.850%, 03/14/2029 (A)			408		413
7.550%, 03/28/2030			405		401
6.850%, 03/14/2024			512		518
6.850%, 11/03/2025			1,339		1,339
6.825%, 07/18/2026 (A)			1,584		1,564
6.825%, 07/18/2026			500		494
6.750%, 04/18/2028 (A)			5,224		5,002
6.750%, 04/18/2028			817		782
6.350%, 06/28/2024 (A)			1,294		1,287
6.250%, 07/27/2021			1,834		1,864
6.200%, 05/11/2027			910		853
5.875%, 07/25/2022 (A)			960		959
5.750%, 04/18/2023 (A)			1,462		1,444
5.750%, 04/18/2023			1,252		1,236
					19,774
Supranational — 0.5%
African Export-Import Bank MTN
3.994%, 09/21/2029 (A)			363		368
Banque Ouest Africaine de Developpement (A)
5.000%, 07/27/2027			865		917
4.700%, 10/22/2031			683		693
European Bank for Reconstruction & Development MTN
9.250%, 12/02/2020	IDR		9,210,000		684
European Investment Bank MTN
8.500%, 09/17/2024	ZAR		9,200		698
Inter-American Development Bank MTN
7.875%, 03/14/2023	IDR		880,000		3,861
International Bank for Reconstruction & Development MTN
7.450%, 08/20/2021	IDR		914,700		805
					8,026
Suriname — 0.0%
Suriname Government International Bond
9.250%, 10/26/2026			382		300
Thailand — 3.1%
Thailand Government Bond
5.670%, 03/13/2028	THB		3,000		133
4.875%, 06/22/2029	THB		22,000		952
3.775%, 06/25/2032	THB		272,708		11,260
3.650%, 06/20/2031	THB		84,500		3,420
3.625%, 06/16/2023	THB		55,000		1,984
3.400%, 06/17/2036	THB		234,056		9,655
3.300%, 06/17/2038	THB		55,930		2,288
2.875%, 12/17/2028	THB		298,342		11,126
2.875%, 06/17/2046	THB		3,431		135

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
2.550%, 06/26/2020	THB		5,000	$	168
2.400%, 12/17/2023	THB		88,000		3,067
2.125%, 12/17/2026	THB		52,817		1,851
1.875%, 06/17/2022	THB		57,000		1,934
1.450%, 12/17/2024	THB		118,200		3,979
					51,952
Tunisia — 0.2%
Banque Centrale de Tunisie International Bond
6.375%, 07/15/2026 (B)	EUR		472		525
5.750%, 01/30/2025 (B)			646		602
5.625%, 02/17/2024	EUR		1,650		1,839
					2,966
Turkey — 3.5%
Export Credit Bank of Turkey (A)
8.250%, 01/24/2024			423		460
6.125%, 05/03/2024			247		250
5.375%, 10/24/2023			1,033		1,027
5.000%, 09/23/2021			538		545
Export Credit Bank of Turkey MTN
5.375%, 02/08/2021 (A)			896		910
Hazine Mustesarligi Varlik Kiralama
5.800%, 02/21/2022 (A)			2,770		2,854
Mersin Uluslararasi Liman Isletmeciligi
5.375%, 11/15/2024 (A)			235		242
QNB Finansbank
6.875%, 09/07/2024 (A)			613		653
TC Ziraat Bankasi MTN (A)
5.125%, 05/03/2022			1,063		1,058
4.750%, 04/29/2021			561		564
Turkey Government International Bond
16.200%, 06/14/2023	TRY		20,814		3,943
12.200%, 01/18/2023	TRY		22,055		3,773
11.000%, 03/02/2022	TRY		28,809		4,805
10.700%, 02/17/2021	TRY		3,800		636
10.700%, 08/17/2022	TRY		21,356		3,531
9.500%, 01/12/2022	TRY		8,243		1,340
9.200%, 09/22/2021	TRY		5,522		898
8.500%, 09/14/2022	TRY		3,864		609
7.625%, 04/26/2029			1,363		1,505
7.375%, 02/05/2025 (B)			655		715
7.250%, 12/23/2023			2,322		2,512
7.100%, 03/08/2023	TRY		37,884		5,634
6.875%, 03/17/2036			1,424		1,469
6.350%, 08/10/2024			2,500		2,611
6.125%, 10/24/2028			1,172		1,186
6.000%, 01/14/2041			918		854
5.750%, 03/22/2024			683		698
5.750%, 05/11/2047			2,447		2,167
5.125%, 02/17/2028			4,124		3,946

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
4.875%, 10/09/2026			1,587	$	1,515
4.250%, 04/14/2026			338		315
3.000%, 08/02/2023	TRY		10,461		1,743
Turkiye Garanti Bankasi
6.125%, VAR USD Swap Semi 30/360 5 Yr Curr+4.220%, 05/24/2027 (A)			1,170		1,106
Turkiye Sise ve Cam Fabrikalari
6.950%, 03/14/2026			500		528
Yapi ve Kredi Bankasi MTN
5.850%, 06/21/2024 (A)(B)			429		421
					57,023
Ukraine — 2.8%
Metinvest BV
7.750%, 10/17/2029 (A)			833		851
MHP Lux
6.250%, 09/19/2029 (A)			1,049		1,028
NAK Naftogaz Ukraine via Kondor Finance
7.625%, 11/08/2026 (A)			1,880		1,918
7.125%, 07/19/2024	EUR		720		858
Ukraine Government International Bond
17.000%, 05/11/2022	UAH		71,848		3,260
16.000%, 08/11/2021	UAH		148,624		6,454
15.840%, 02/26/2025	UAH		66,553		3,238
15.700%, 01/20/2021 (A)	UAH		48,000		2,056
9.750%, 11/01/2028			4,884		5,934
8.994%, 02/01/2024 (A)			155		174
8.994%, 02/01/2024			1,487		1,674
7.750%, 09/01/2020			656		674
7.750%, 09/01/2021			316		334
7.750%, 09/01/2022			830		893
7.750%, 09/01/2025 (A)			1,661		1,813
7.750%, 09/01/2026 (A)			560		612
7.750%, 09/01/2026			4,970		5,432
7.750%, 09/01/2027			624		683
7.750%, 09/01/2027 (A)			1,785		1,954
7.375%, 09/25/2032			1,746		1,862
7.375%, 09/25/2032 (A)			270		288
6.750%, 06/20/2026 (A)	EUR		547		689
6.750%, 06/20/2026	EUR		1,122		1,414
3.280%, 05/31/2040 (A)(D)			2,206		2,109
Ukreximbank Via Biz Finance
9.625%, 04/27/2022 (A)			713		747
					46,949
United Arab Emirates — 1.4%
Abu Dhabi Crude Oil Pipeline
4.600%, 11/02/2047 (A)			5,448		6,293
4.600%, 11/02/2047			330		381
3.650%, 11/02/2029 (A)			1,274		1,368

Description		Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Abu Dhabi Government International Bond (A)
4.125%, 10/11/2047			824	$	958
3.125%, 09/30/2049			3,675		3,583
2.500%, 09/30/2029			2,677		2,667
Emirate of Dubai Government International Bonds MTN
5.250%, 01/30/2043			490		560
MDC-GMTN BV MTN
4.500%, 11/07/2028 (A)			1,346		1,528
4.500%, 11/07/2028			1,225		1,391
MDGH - GMTN BV MTN (A)
3.700%, 11/07/2049			711		739
2.875%, 11/07/2029			2,495		2,516
Sharjah Sukuk Program MTN
3.854%, 04/03/2026			359		378
					22,362
United Kingdom — 0.3%
Standard Chartered Bank MTN (A)
8.375%, 10/18/2039	IDR		797,000		1,603
8.250%, 05/17/2029	IDR		930,000		3,178
					4,781
United States — 0.0%
Rutas 2 and 7 Finance Ltd
2.708%, 09/30/2036 (A)(C)			930		602
Uruguay — 0.6%
Republic of Uruguay
5.100%, 06/18/2050 (B)			474		569
Uruguay Government International Bond
9.875%, 06/20/2022	UYU		16,146		425
8.500%, 03/15/2028	UYU		8,397		193
4.375%, 10/27/2027 (B)			2,904		3,210
4.375%, 01/23/2031			4,694		5,248
4.125%, 11/20/2045 (B)			346		372
					10,017
Uzbekistan — 0.1%
Republic of Uzbekistan Bond MTN
5.375%, 02/20/2029			983		1,091
4.750%, 02/20/2024			632		671
					1,762
Venezuela — 0.3%
Petroleos de Venezuela
9.750%, 05/17/2035 (F)			1,000		78
9.000%, 11/17/2021 (B)(F)			4,300		333
6.000%, 05/16/2024 (F)(G)			10,192		790
6.000%, 05/16/2024 (F)			7,785		603
6.000%, 11/15/2026 (F)(G)			13,215		1,024
5.500%, 04/12/2037 (F)			1,740		135
5.375%, 04/12/2027 (F)			4,563		354

Description	Face Amount (Thousands) (1)		Market Value ($ Thousands)
GLOBAL BONDS (continued)
Venezuela Government International Bond
9.250%, 09/15/2027 (F)		2,300	$	265
9.250%, 05/07/2028 (F)		2,941		338
8.250%, 10/13/2024 (F)		3,304		380
7.750%, 10/13/2019 (F)		3,976		447
				4,747
Vietnam — 0.0%
Mong Duong Finance Holdings BV
5.125%, 05/07/2029 (A)		692		708
Zambia — 0.2%
First Quantum Minerals
7.500%, 04/01/2025 (A)		190		194
Zambia Government International Bond
8.500%, 04/14/2024 (A)		1,139		783
5.375%, 09/20/2022 (B)		1,695		1,151
5.375%, 09/20/2022 (A)		794		539
				2,667
Total Global Bonds (Cost $1,553,499) ($ Thousands)				1,588,044
U.S. TREASURY OBLIGATION — 0.2%
United States Treasury Bills
1.549%, 05/07/2020 (C)		3,991		3,970
Total U.S. Treasury Obligation (Cost $3,970) ($ Thousands)				3,970
	Shares
AFFILIATED PARTNERSHIP — 4.5%
SEI Liquidity Fund, L.P.
1.600% **(H)		73,658,520		73,655
Total Affiliated Partnership (Cost $73,658) ($ Thousands)				73,655
Total Investments in Securities — 100.8% (Cost $1,631,127) ($ Thousands)			$	1,665,669
Description	Contracts		Market Value ($ Thousands)
PURCHASED OPTION*(I) — 0.0%
Total Purchased Option (Cost $279) ($ Thousands)		26,834,317	$	69

A list of the open option contracts held by the Fund at December 31, 2019, is as follows:

Description	Number of Contracts		Notional Amount (Thousands)†		Exercise Price		Expiration Date		Value         (Thousands)
PURCHASED OPTION — 0.0%
Call Options
September 2020, USD Call HKD Put*		26,834,317	$	279		$7.85		09/19/20	$	69
Total Purchased Option			$	–					$	69

^† Represents cost.

A list of the open futures contracts held by the Fund at December 31, 2019, is as follows:

Type of Contract	Number of Contracts Long (Short)		Expiration Date		Notional Amount (Thousands)			Value (Thousands)			Unrealized Appreciation/Depreciation (Thousands)
Euro-Bund		(113)		Mar-2020	$	(21,619	)	$	(21,625	)	$	259
Euro-Buxl		(16)		Mar-2020		(3,637	)		(3,563	)		117
Korea 10-Year Bond		(28)		Mar-2020		(3,086	)		(3,154	)		12
Korea 3-Year Bond		145		Mar-2020		13,497			13,860			8
R023 Bond Future		568		Feb-2020		4,069			4,264			5
R186 Bond Future		1,021		Feb-2020		7,838			8,251			42
R2032 Bond Future		493		Feb-2020		3,216			3,336			(27	)
R2035 Bond Future		571		Feb-2020		3,846			3,965			(55	)
R2037 Bond Future		430		Feb-2020		2,662			2,725			(56	)
R2040 Bond Future		978		Feb-2020		6,224			6,382			(122	)
R208 Bond Future		112		Feb-2020		787			821			(2	)
R213 Bond Future		793		Feb-2020		4,788			4,972			(35	)
R214 Bond Future		250		Feb-2020		1,259			1,293			(23	)
U.S. 10-Year Treasury Note		72		Mar-2020		9,316			9,246			(70	)
U.S. Ultra Long Treasury Bond		49		Mar-2020		9,172			8,901			(270	)
					$	38,332		$	39,674		$	(217	)

A list of the open forward foreign currency contracts held by the Fund at December 31, 2019, is as follows:

Counterparty	Settlement Date		Currency to Deliver (Thousands)			Currency to Receive (Thousands)		Unrealized Appreciation                 (Depreciation) (Thousands)
Barclays PLC	03/18/20	USD		13,176	THB		397,534	$	122
Barclays PLC	03/18/20	TWD		125,619	USD		4,182		(44	)
Citigroup	01/06/20	USD		1,046	EUR		947		17
Citigroup	01/06/20 - 02/05/20	EUR		3,421	USD		3,804		(37	)
Citigroup	01/08/20 - 02/19/20	HUF		1,699,510	EUR		5,144		6
Citigroup	01/08/20	HUF		215,937	EUR		645		(9	)
Citigroup	01/14/20 - 02/18/20	EUR		2,297	PLN		9,846		20
Citigroup	01/14/20	PLN		14,238	EUR		3,321		(29	)
Citigroup	01/15/20 - 03/03/20	USD		18,147	BRL		76,563		861

Counterparty	Settlement Date			Currency to Deliver (Thousands)			Currency to Receive (Thousands)		Unrealized Appreciation      (Depreciation) (Thousands)
Citigroup		01/22/20	USD		6,119	BRL		24,503	$	(31	)
Citigroup		01/15/20 - 02/19/20	UGX		23,216,948	USD		6,026		(280	)
Citigroup		01/21/20 - 03/18/20	EUR		4,520	CZK		115,817		25
Citigroup		01/21/20	CZK		12,014	EUR		469		(4	)
Citigroup		01/22/20	IDR		26,291,002	USD		1,852		(44	)
Citigroup		01/23/20	USD		336	RUB		21,611		11
Citigroup		02/03/20	USD		1,772	NGN		680,163		91
Citigroup		02/05/20 - 03/18/20	USD		7,173	MXN		138,394		78
Citigroup		02/05/20	MXN		23,071	USD		1,198		(18	)
Citigroup		02/06/20	USD		1,252	ZAR		18,927		95
Citigroup		02/06/20 - 03/18/20	USD		7,143	TRY		42,213		(162	)
Citigroup		02/06/20	ZAR		74,433	USD		4,960		(340	)
Citigroup		02/07/20 - 03/18/20	USD		13,280	CNY		93,201		83
Citigroup		02/11/20	ILS		18,182	USD		5,253		(23	)
Citigroup		02/11/20	THB		41,430	USD		1,372		(13	)
Citigroup		02/12/20 - 03/18/20	USD		10,002	PLN		38,460		157
Citigroup		02/18/20	CLP		2,588,752	USD		3,403		(45	)
Citigroup		03/03/20	BRL		9,800	USD		2,290		(141	)
Citigroup		03/16/20	USD		5,590	KRW		6,533,719		80
Citigroup		03/18/20	USD		1,552	RON		6,659		6
Citigroup		03/18/20	PEN		2,361	USD		699		(12	)
Citigroup		03/18/20	USD		2,838	COP		9,745,723		125
Citigroup		03/18/20	USD		10,346	THB		312,348		103
Citigroup		03/18/20	TRY		19,348	USD		3,268		74
Citigroup		03/18/20	HUF		179,134	USD		610		—
Citigroup		03/18/20	INR		599,193	USD		8,392		44
Citigroup		03/18/20	KRW		9,943,954	USD		8,503		(128	)
Citigroup		03/23/20	EGP		24,000	USD		1,394		(88	)
Citigroup		12/07/20	USD		338	UYU		13,787		6
Goldman Sachs		01/08/20	HUF		779,138	EUR		2,347		(11	)
Goldman Sachs		01/14/20 - 02/18/20	EUR		7,310	PLN		31,436		79
Goldman Sachs		01/16/20 - 01/28/20	USD		4,062	KRW		4,734,541		40
Goldman Sachs		01/21/20	EUR		1,211	CZK		31,076		12
Goldman Sachs		01/22/20	IDR		23,315,848	USD		1,643		(38	)
Goldman Sachs		01/23/20	USD		1,274	RUB		81,348		33
Goldman Sachs		01/28/20	MYR		2,437	USD		584		(14	)
Goldman Sachs		04/02/20	RON		6,126	EUR		1,269		1
Goldman Sachs		02/03/20 - 04/02/20	RON		14,234	EUR		2,951		(2	)
Goldman Sachs		02/05/20	USD		465	MXN		8,940		6
Goldman Sachs		02/05/20	MXN		5,570	USD		289		(5	)
Goldman Sachs		02/06/20	USD		681	TRY		4,009		(12	)
Goldman Sachs		02/06/20	TRY		5,221	USD		893		22
Goldman Sachs		02/06/20 - 03/18/20	USD		17,356	ZAR		256,476		840

Counterparty	Settlement Date			Currency to Deliver (Thousands)			Currency to Receive (Thousands)		Unrealized Appreciation      (Depreciation) (Thousands)
Goldman Sachs		02/18/20	CLP		2,541,897	USD		3,340	$	(44	)
Goldman Sachs		03/03/20	BRL		53,766	USD		12,620		(718	)
Goldman Sachs		03/16/20	USD		5,793	BRL		23,837		116
Goldman Sachs		03/18/20	USD		871	COP		3,000,365		41
Goldman Sachs		03/18/20	USD		934	CLP		714,656		18
Goldman Sachs		03/18/20	USD		1,213	CZK		27,613		7
Goldman Sachs		03/18/20	USD		1,537	EUR		1,373		12
Goldman Sachs		03/23/20	EGP		23,000	USD		1,410		(10	)
Goldman Sachs		04/30/20 - 07/29/20	NGN		2,164,387	USD		5,665		(117	)
Goldman Sachs		06/05/20	USD		649	KZT		262,222		13
JPMorgan Chase Bank		01/06/20 -02/05/20	EUR		55,938	USD		62,150		(708	)
JPMorgan Chase Bank		01/10/20	USD		484	PHP		24,673		2
JPMorgan Chase Bank		01/10/20	USD		581	COP		2,005,636		31
JPMorgan Chase Bank		01/10/20 - 01/15/20	USD		4,770	CLP		3,783,101		263
JPMorgan Chase Bank		01/10/20 - 01/13/20	USD		7,124	KRW		8,297,222		57
JPMorgan Chase Bank		01/10/20 - 01/16/20	PEN		15,488	USD		4,575		(103	)
JPMorgan Chase Bank		01/10/20 - 01/23/20	BRL		31,225	USD		7,475		(285	)
JPMorgan Chase Bank		01/10/20 - 01/13/20	RUB		599,320	USD		9,293		(344	)
JPMorgan Chase Bank		01/10/20	COP		6,994,334	USD		2,081		(51	)
JPMorgan Chase Bank		01/10/20 - 03/18/20	IDR		163,777,872	USD		11,579		(208	)
JPMorgan Chase Bank		01/14/20	PLN		3,112	EUR		728		(5	)
JPMorgan Chase Bank		01/14/20	EUR		5,579	PLN		23,894		43
JPMorgan Chase Bank		01/14/20 - 01/17/20	THB		123,336	USD		4,081		(38	)
JPMorgan Chase Bank		01/14/20	KRW		192,811	USD		166		(1	)
JPMorgan Chase Bank		01/17/20	USD		586	THB		17,725		6
JPMorgan Chase Bank		01/17/20	USD		1,935	MXN		37,180		30
JPMorgan Chase Bank		01/17/20	PLN		2,000	USD		524		(4	)
JPMorgan Chase Bank		01/17/20	USD		6,912	RON		30,003		122
JPMorgan Chase Bank		01/17/20	USD		11,834	PLN		46,173		360
JPMorgan Chase Bank		01/17/20	MXN		100,968	USD		5,156		(179	)
JPMorgan Chase Bank		01/17/20 - 02/06/20	ZAR		152,144	USD		10,225		(633	)
JPMorgan Chase Bank		01/22/20 - 03/03/20	USD		11,345	BRL		47,182		363
JPMorgan Chase Bank		01/23/20	USD		3,165	BRL		13,377		159
JPMorgan Chase Bank		01/24/20	USD		6,416	EUR		5,765		64
JPMorgan Chase Bank		01/24/20	JPY		291,628	USD		2,725		38
JPMorgan Chase Bank		01/28/20	USD		355	MYR		1,474		7
JPMorgan Chase Bank		01/28/20	MYR		23,826	USD		5,712		(133	)
JPMorgan Chase Bank		01/30/20	PHP		6,624	USD		129		(1	)
JPMorgan Chase Bank		02/03/20	RON		10,997	EUR		2,288		(4	)
JPMorgan Chase Bank		02/03/20	NGN		681,434	USD		1,767		(99	)
JPMorgan Chase Bank		02/06/20 - 03/16/20	USD		2,317	ZAR		34,835		154
JPMorgan Chase Bank		02/06/20 - 02/07/20	TRY		37,267	USD		6,360		148
JPMorgan Chase Bank		02/18/20 - 03/18/20	USD		6,905	CLP		5,321,690		183
JPMorgan Chase Bank		03/16/20	USD		2,875	CZK		66,101		47

Counterparty	Settlement Date			Currency to Deliver (Thousands)			Currency to Receive (Thousands)		Unrealized Appreciation      (Depreciation) (Thousands)
JPMorgan Chase Bank		03/16/20	USD		3,807	HUF		1,134,768	$	61
JPMorgan Chase Bank		03/16/20	USD		4,516	TRY		26,793		(91	)
JPMorgan Chase Bank		03/18/20	USD		738	COP		2,508,866		25
JPMorgan Chase Bank		03/18/20	TWD		188,429	USD		6,272		(67	)
JPMorgan Chase Bank		03/18/20	CLP		584,225	USD		773		(6	)
JPMorgan Chase Bank		04/02/20	EUR		393	RON		1,895		(1	)
JPMorgan Chase Bank		06/05/20	USD		2,086	KZT		843,403		43
JPMorgan Chase Bank		10/19/20	USD		208	UYU		7,800		(12	)
Merrill Lynch		03/18/20	USD		15,555	MXN		299,971		155
MIMLIC		01/03/20	USD		764,581	NGN		727,380		6
Standard Bank		01/06/20	USD		834	EUR		746		4
Standard Bank		01/06/20 - 02/05/20	EUR		4,854	USD		5,417		(36	)
Standard Bank		02/06/20	USD		2,978	ZAR		44,718		206
Standard Bank		02/06/20	ZAR		6,507	USD		443		(20	)
Standard Bank		03/18/20	USD		1,100	THB		32,660		(7	)
Standard Bank		03/18/20	USD		3,416	MYR		14,154		57
Standard Bank		03/18/20	USD		5,242	RUB		334,021		88
Standard Bank		03/18/20	SGD		17,256	USD		12,772		(76	)
Standard Chartered		01/08/20	EUR		392	HUF		130,152		2
Standard Chartered		01/09/20	MYR		4,954	USD		1,186		(26	)
Standard Chartered		01/16/20	USD		1,373	KRW		1,628,150		37
Standard Chartered		01/16/20	USD		1,721	THB		51,956		14
Standard Chartered		01/17/20	USD		2,543	INR		183,142		22
Standard Chartered		01/17/20	USD		2,762	CNY		19,285		7
Standard Chartered		01/21/20	EUR		595	CZK		15,245		6
Standard Chartered		01/22/20	IDR		3,108,712	USD		222		(2	)
Standard Chartered		01/23/20	USD		10,867	RUB		700,044		377
Standard Chartered		01/29/20	USD		5,180	IDR		73,628,693		131
Standard Chartered		02/18/20	USD		1,284	CLP		1,022,250		77
Standard Chartered		02/27/20	USD		657	UAH		16,250		109
Standard Chartered		03/18/20	USD		1,142	PHP		57,961		(1	)
Standard Chartered		03/18/20	USD		10,287	CNH		71,994		33
Standard Chartered		03/18/20	CLP		529,077	USD		701		(4	)
State Street		01/06/20	USD		7,005	EUR		6,335		108
State Street		01/06/20 - 02/05/20	EUR		12,651	USD		14,177		(48	)
State Street		01/08/20	EUR		1,493	HUF		495,164		5
State Street		01/17/20	USD		149	INR		10,562		(1	)
State Street		01/22/20	USD		1,299	IDR		18,289,432		20
State Street		01/22/20	USD		440	IDR		6,097,272		—
State Street		01/22/20	BRL		4,246	USD		1,053		(2	)
State Street		01/22/20	IDR		8,050,707	USD		568		(13	)

Counterparty	Settlement Date			Currency to Deliver (Thousands)			Currency to Receive (Thousands)		Unrealized Appreciation      (Depreciation) (Thousands)
State Street		02/05/20	MXN		126,952	USD		6,558	$	(132	)
State Street		03/02/20	HUF		161,064	EUR		487		—
									$	1,154

A list of the open OTC swap agreements held by the Fund at December 31, 2019, is as follows:

Interest Rate Swaps

Counterparty

Fund Pays

Fund Receives

Payment Frequency

Termination Date

Currency

Notional Amount (Thousands)

Value (Thousands)

Upfront Payments (Thousands)

Net Unrealized Appreciation (Depreciation) (Thousands)

Goldman Sachs

1-DAY BRL -CETIP

8.22%

Annually

01/02/2020

BRL

4,194

$

88

$

–

$

88

JPMorgan Chase

1-DAY BRL - CETIP

11.46%

Annually

01/02/2020

BRL

3,649

126

–

126

JPMorgan Chase

1-DAY BRL - CETIP

12.130%

Annually

01/02/2020

BRL

3,480

139

–

139

JPMorgan Chase

1-DAY BRL - CETIP

12.130%

Annually

01/02/2020

BRL

5,738

226

–

226

JPMorgan Chase

0.6925%

6-MONTH HUF - BUBOR

Semi-Annually

04/20/2020

HUF

1,750,000

(37)

–

(37)

Goldman Sachs

1-DAY BRL - CETIP

12.725%

Annually

01/04/2021

BRL

10,608

886

–

886

JPMorgan Chase

1-DAY BRL - CETIP

9.61%

Annually

01/04/2021

BRL

4,626

162

–

162

JPMorgan Chase

1-DAY BRL - CETIP

10.89%

Annually

01/04/2021

BRL

170

7

–

7

JPMorgan Chase

1-DAY BRL - CETIP

10.04%

Annually

01/04/2021

BRL

3,557

141

–

141

JPMorgan Chase

1-DAY BRL - CETIP

9.275%

Annually

01/04/2021

BRL

5,815

183

–

183

JPMorgan Chase

1-DAY BRL - CETIP

8.87%

Annually

01/04/2021

BRL

8,089

223

–

223

Goldman Sachs

3-MONTH MOSCOW PRIME OFFERED RATE - RUB

9.005%

Annually

02/21/2021

RUB

1,080,956

408

–

408

Goldman Sachs

28-DAY MXN - TIIE

5.37%

Monthly

03/17/2021

MXN

46,500

(44)

–

(44)

Goldman Sachs

3-MONTH MOSCOW PRIME OFFERED RATE - RUB

7.515%

Annually

06/10/2021

RUB

1,020,770

171

–

171

JPMorgan Chase

1.3775%

6-MONTH HUF - BUBOR

Semi-Annually

06/17/2021

HUF

654,998

(49)

–

(49)

Goldman Sachs

6-MONTH PLN - WIBOR

2.208%

Annually

11/16/2021

PLN

6,842

20

–

20

Citigroup

6-MONTH PLN - WIBOR

2.431%

Annually

12/14/2021

PLN

11,000

41

–

41

Goldman Sachs

3-MONTH MOSCOW PRIME OFFERED RATE - RUB

6.29%

Annually

12/14/2021

RUB

535,000

(3)

–

(3)

Goldman Sachs

6-MONTH HUF - BUBOR

1.265%

Semi-Annually

01/10/2022

HUF

1,537,322

(149)

–

(149)

Goldman Sachs

3-MONTH MOSCOW PRIME OFFERED RATE - RUB

8.11%

Quarterly

03/23/2022

RUB

715,570

357

–

357

JPMorgan Chase

1-DAY-CLP -SINACOFI CHILE INTERBANK RATE AVG

3.430%

Semi-Annually

05/10/2022

CLP

420,527

23

–

23

Goldman Sachs

28-DAY MXN - TIIE

5.900%

Monthly

09/12/2022

MXN

75,956

(71)

–

(71)

Goldman Sachs

6-MONTH HUF - BUBOR

0.8385%

Annually

09/21/2022

HUF

1,390,000

43

–

43

Goldman Sachs

1-DAY BRL - CETIP

11.985%

Annually

01/02/2023

BRL

3,000

337

–

337

Goldman Sachs

1-DAY BRL - CETIP

10.04%

Annually

01/03/2023

BRL

5,012

408

–

408

Citigroup

China 7-Day Reverse Repo Rate

2.7614%

Quarterly

07/05/2024

CNY

99,768

(67)

–

(67)

Interest Rate Swaps
Counterparty	Fund Pays		Fund Receives		Payment Frequency		Termination Date		Currency		Notional Amount (Thousands)		Value (Thousands)		Upfront Payments (Thousands)		Net Unrealized Appreciation (Depreciation) (Thousands)
Goldman Sachs		China 7-Day Reverse Repo Rate		2.77%		Quarterly		07/05/2024		CNY		25,760	$	(16)	$	–	$	(16)
Goldman Sachs		7D CNY CNRR007		2.894%		Quarterly		10/14/2024		CNY		12,730		1		–		1
Goldman Sachs		28-DAY MXN - TIIE		6.355%		Monthly		05/21/2025		MXN		23,145		(16)		–		(16)
Goldman Sachs		28-DAY MXN - TIIE		6.205%		Monthly		12/08/2025		MXN		16,624		(21)		–		(21)
Goldman Sachs		28-DAY MXN - TIIE		6.165%		Monthly		03/05/2026		MXN		47,200		(68)		–		(68)
JPMorgan Chase		28-DAY MXN - TIIE		6.13%		Monthly		06/18/2026		MXN		40,000		(65)		–		(65)
Goldman Sachs		28-DAY MXN - TIIE		6.381%		Monthly		09/16/2026		MXN		26,000		(25)		–		(25)
													$	3,359	$	–	$	3,359

Credit Default Swap

Counterparty

Reference Entity/Obligation

Buy/Sell Protection

(Pays)/Receives Rate

Payment Frequency

Termination Date

Notional Amount (Thousands)

Value (Thousands)

Upfront Payments/ Receipts (Thousands)

Net Unrealized (Depreciation) (Thousands)

JPMorgan Chase

Argentina

Sell

5.00%

Quarterly

06/20/2023

$(1,895)

$

(1,033

)

$

108

$

(1,141

)

Cross Currency Swaps

Counterparty

Fund Pays

Fund Receives

Payment Frequency

Termination Date

Currency

Notional Amount (Thousands)

Value (Thousands)

Upfront Payment (Thousands)

Net Unrealized Appreciation (Depreciation) (Thousands)

Add to counterparty table

Quarterly

10/07/2025

TRY

3,070

$

(133)

$

–

$

(133)

Add to counterparty table

Quarterly

12/07/2025

TRY

2,351

34

–

34

$

(99)

$

–

$

(99)

A list of the open centrally cleared swap agreements held by the Fund at December 31, 2019, is as follows:

Interest Rate Swaps
Fund Pays	Fund Receives	Payment Frequency	Termination Date	Currency	Notional Amount (Thousands)		Value (Thousands)			Upfront Payments/ Receipts (Thousands)		Net Unrealized Appreciation (Depreciation) (Thousands)
7.45%	1-DAY BRL -CETIP	Annually	01/02/2020	BRL		67,046	$	(2	)	$	–	$	(2	)
1.9865%	6-MONTH PLN -WIBOR	Semi-Annually	03/25/2024	PLN		22,000		(50	)		–		(50	)
1.7	6-MONTH CZK -PRIBOR	Semi-Annually	06/18/2024	CZK		140,000		113			–		113
1.64	6-MONTH CZK -PRIBOR	Semi-Annually	06/21/2024	CZK		14,000		13			–		13
China 7-Day Reverse Repo Rate	2.7475%	Quarterly	07/05/2024	CNY		20,500		(18	)		–		(18	)
1.675%	6-MONTH CZK -PRIBOR	Semi-Annually	07/17/2024	CZK		21,146		18			–		18
28-DAY MXN - TIIE	6.75	Monthly	08/26/2024	MXN		60,739		20			–		20
6-MONTH HUF - BUBOR	0.81%	Annually	09/12/2024	HUF		75,000		(1	)		–		(1	)
28-DAY MXN - TIIE	7.72%	Monthly	12/03/2026	MXN		8,000		25			–		25
28-DAY MXN - TIIE	7.51%	Monthly	04/20/2027	MXN		8,110		21			–		21
2.969%	6-MONTH HUF -BUBOR	Semi-Annually	02/08/2029	HUF		200,000		(30	)		–		(30	)
5.915%	1-DAY COP - COLUMBIA IBR	Quarterly	05/15/2029	COP
5.37	OVERNIGHT INTERBANK 1-DAY COP - COLUMBIA IBR	Quarterly	06/21/2029	COP		3,600,000		(39	)		–		(39	)
	OVERNIGHT INTERBANK					1,800,000		4			–		4

Interest Rate Swaps
Fund Pays	Fund Receives	Payment Frequency	Termination Date	Currency	Notional Amount (Thousands)		Value (Thousands)			Upfront Payments/ Receipts (Thousands)		Net Unrealized Appreciation (Depreciation) (Thousands)
3-MONTH ZAR -JIBAR	8.49%	Quarterly	07/18/2029	ZAR		10,000	$	(2	)	$	–	$	(2	)
6.94	28-DAY MXN -TIIE	Monthly	08/20/2029	MXN		35,892		(19	)		–		(19	)
6.9225%	28-DAY MXN - TIIE	Monthly	08/31/2029	MXN		42,602		(19	)		–		(19	)
6.82%	28-DAY MXN - TIIE	Monthly	09/10/2029	MXN		33,993		(2	)		–		(2	)
1.4925%	6-MONTH CZK - PRIBOR	Semi-Annually	11/18/2029	CZK		33,000		(21	)		–		(21	)
1-DAY BRL - CETIP	9.255%	Annually	01/02/2023	BRL		2,368		48			–		48
1-DAY-CLP - SINACOFI CHILE	3.045%	Semi-Annually	11/29/2029	CLP
INTERBANK RATE AVG						610,398		9			–		9
1-DAY BRL - CETIP	11.475%	Annually	01/02/2023	BRL		3,524		112			–		112
1-DAY BRL - CETIP	6.475%	Annually	01/02/2023	BRL		16,116		73			–		73
8.09%	28-DAY MXN - TIIE	Monthly	01/28/2021	MXN		133,260		(81	)		–		(81	)
8.125%	28-DAY MXN - TIIE	Monthly	01/28/2021	MXN		60,000		(37	)		–		(37	)
8.145%	28-DAY MXN - TIIE	Monthly	01/28/2021	MXN		136,359		(87	)		–		(87	)
6-MONTH CZK - PRIBOR	2.1%	Annually	09/30/2021	CZK		150,349		(23	)		–		(23	)
6-MONTH CZK - PRIBOR	2.07%	Annually	09/30/2021	CZK		121,000		(18	)		–		(18	)
6M CZK PRIBOR	2.1025	Annually	10/03/2021	CZK		75,000		(13	)		–		(13	)
6-MONTH CZK -PRIBOR	2.225%	Annually	11/11/2021	CZK		40,000		(2	)		–		(2	)
6-MONTH PLN -WIBOR	2.263%	Annually	11/12/2021	PLN		7,000		17			–		17
1-DAY COP -COLUMBIA IBR	4.9%	Annually	11/18/2021	COP
OVERNIGHT INTERBANK						26,994,329		20			–		20
6-MONTH CZK - PRIBOR	2.135%	Annually	11/18/2021	CZK		155,000		(18	)		–		(18	)
1-DAY COP -COLUMBIA IBR	4.81%	Annually	11/19/2021	COP
OVERNIGHT INTERBANK						29,005,671		14			–		14
1.960%	1-DAY-CLP -SINACOFI CHILE	Semi-Annually	12/12/2021	CLP
	INTERBANK RATE AVG					2,569,905		(14	)		–		(14	)
1-DAY BRL - CETIP	5.89%	Annually	01/03/2022	BRL		27,057		74			–		74
1-DAY BRL - CETIP	6.2325%	Annually	01/03/2022	BRL		8,733		36			–		36
1-DAY BRL - CETIP	6.24%	Annually	01/03/2022	BRL		14,709		62			–		62
28-DAY MXN - TIIE	6.745%	Monthly	06/23/2022	MXN		26,758		4			–		4
28-DAY MXN - TIIE	6.71%	Monthly	07/07/2022	MXN		37,637		5			–		5
1-DAY BRL - CETIP	5.655	Annually	01/02/2023	BRL		2,705		(1	)		–		(1	)
1.805%	6-MONTH PZL - WIBOR	Semi-Annually	12/17/2029	PLN		11,500		(15	)		–		(15	)
							$	176		$	–	$	176

Percentages are based on Net Assets of $1,652,605 ($ Thousands).

* Non-income producing security.

** The rate reported is the 7-day effective yield as of December 31, 2019.

(A) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration normally to qualified institutions. On December 31, 2019, the value of these securities amounted to $268,970 ($ Thousands), representing 16.3% of the Net Assets of the Fund.

(B) Certain securities or partial positions of certain securities are on loan at December 31, 2019. The total market value of securities on loan at December 31, 2019 was $70,602 ($ Thousands).

(C) Zero coupon security. The rate shown on the Schedule of Investments is the security’s effective yield at the time of purchase.

(D) Variable or floating rate security, the interest rate of which adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets.

(E) Level 3 security in accordance with fair value hierarchy.

(F) Security is in default on interest payment.

(G) Securities considered illiquid. The total value of such securities as of December 31, 2019 was $1,814 ($ Thousands) and represented 0.2% of the Net Assets of the Fund.

(H) This security was purchased with cash collateral held from securities on loan. The total market value of such securities as of December 31, 2019 was $73,655 ($ Thousands).

(I) Refer to table below for details on Options Contracts.

BADLAR — Buenos Aires Deposits of Large Amount Rate

BRL — Brazilian Real

BUBOR — Budapest Interbank Offered Rate

CETIP — Central of Custody and Financial Settlement of Securities

Cl — Class

CLP — Chilean Peso

CNH — Chinese Yuan Offshore

CNY — Chinese Yuan Onshore

COP — Colombian Peso

CZK — Czech Koruna

EGP — Egyptian Pound

EUR — Euro

HKD — Hong Kong Dollar

HUF — Hungarian Forint

ICE— Intercontinental Exchange

IDR — Indonesian Rupiah

INR — Indian Rupee

ILS — Israeli New Sheckels

JPY — Japanese Yen

JSC — Joint-Stock Company

KRW — Korean Won

KZT - Kazakhstani Tenge

LIBOR — London Interbank Offered Rate

L.P. — Limited Partnership

Ltd. — Limited

MTN — Medium Term Note

MXN — Mexican Peso

MYR — Malaysian Ringgit

NGN — Nigerian Naira

PEN — Peruvian Nuevo Sol

PHP— Philippine Peso

PLN — Polish Zloty

PRIBOR — Prague Interbank Offered Rate

RON — Romanian Leu

RUB — Russian Ruble

SAR— Saudi Riyal

SGD — Singapore Dollar

THB — Thai Bhat

TIIE — Interbank Equilibrium Interest Rate

TRY — Turkish Lira

TWD — Taiwan Dollar

USD — U.S. Dollar

UYU — Uruguayan Peso

WIBOR — Warsaw Interbank Offered Rate

VAR — Variable Rate

ZAR — South African Rand

The following is a list of the level of inputs used as of December 31, 2019, in valuing the Fund’s investments and other financial instruments carried at value ($ Thousands):

Investments in Securities	Level 1 ($)		Level 2 ($)		Level 3 ($)		Total ($)
Global Bonds		–		1,587,432		612		1,588,044
U.S. Treasury Obligation		–		3,970		–		3,970
Affiliated Partnership		–		73,655		–		73,655
Total Investments in Securities		–		1,665,057		612		1,665,669

Other Financial Instruments	Level 1 ($)			Level 2 ($)			Level 3 ($)		Total ($)
Purchased Options		–			69			–		69
Futures Contracts*
Unrealized Appreciation		443			–			–		443
Unrealized Depreciation		(660	)		–			–		(660	)
Forwards Contracts*
Unrealized Appreciation		–			6,914			–		6,914
Unrealized Depreciation		–			(5,760	)		–		(5,760	)
Centrally Cleared Swaps
Interest Rate Swaps*
Unrealized Appreciation		–			688			–		688
Unrealized Depreciation		–			(512	)		–		(512	)
OTC Swaps
Credit Default Swaps*
Unrealized Depreciation		–			(1,141	)		–		(1,141	)
Interest Rate Swaps*
Unrealized Appreciation		–			3,990			–		3,990
Unrealized Depreciation		–			(631	)		–		(631	)
Cross Currency Swaps*
Unrealized Appreciation		–			34			–		34
Unrealized Appreciation		–			(133	)		–		(133	)
Total Other Financial Instruments		(217	)		3,518			–		3,301

*Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.

^‡ A reconciliation of Level 3 investments is presented when the Fund has a significant amount of Level 3 investments at the beginning and/or end of the year in relation to net assets. Management has concluded that Level 3 investments are not material in relation to net assets.

For the period ended December 31, 2019, there were no transfers in or out of Level 3.

For information on the Fund’s policy regarding valuation of investments, fair value hierarchy levels and other significant accounting policies, please refer to the Fund’s most recent financial statements.

The following is a summary of the transactions with affiliates for the period ended December 31, 2019 ($ Thousands):

Security Description	Value 9/30/19 ($)		Purchases at Cost ($)		Proceeds from Sales ($)			Realized Gain (Loss) ($)		Change in Unrealized (Depreciation) ($)			Value 12/31/19 ($)		Shares		Income ($)		Capital Gains ($)
SEI Liquidity Fund, L.P.		87,228		127,054		(140,626	)		—		(1	)		73,655		73,658,520		58		—

Amounts designated as “—” are either $0 or have been rounded to $0.

As of December 31, 2019 the Emerging Markets Debt Fund is the seller (“providing protection”) on a total notional amount of $1.9 million. The notional amounts of the swaps are not recorded in the financial statements. The notional amounts approximate the maximum potential amount of future payments that the Fund could be required to make if the Fund were the seller of protection and a credit event was to occur. Those credit default swaps (“CDS”) for which the Fund is providing protection at the balance sheet date are summarized as follows:

WRITTEN CREDIT DERIVATIVE CONTRACTS	SINGLE NAME CREDIT DEFAULT SWAPS				CREDIT DEFAULT SWAP INDEX
REFERENCE ASSET	Corporate Debt		Sovereign Debt		Asset Backed Securities		Corporate Debt		Total
Fair value of written credit derivatives		$-		$(1,032,678)		$-		$-		$(1,032,678)
Maximum potential amount of future payments		-		1,894,629		-		-		1,894,629
Recourse provisions with third parties to recover any amounts paid under the credit derivative (including any purchased credit protection)[1]		-		-		-		-		-
Collateral held by the Fund can obtain upon occurrence of triggering event		-		-		-		-		-

[1] Potential recoveries would include purchased credit derivatives to the extent they offset written credit derivatives which have an identical underlying, or a netting arrangement or credit support annex with the counterparty. There may be other potential recoveries from recourse provisions where agreements cover multiple derivative arrangements but those amounts have not been included.

MAXIMUM POTENTIAL AMOUNT OF FUTURE PAYMENTS BY CONTRACT TERM
	0-6 MONTHS		6-12 MONTHS		1-5 YEARS		5-10 YEARS		> 10 YEARS		Total
Current credit spread* on underlying (in basis points)[1]
0-400		$-		$-		$-		$-		$-		$-
> than 400		-		-		1,894,629		-		-		1,894,629
Total		$-		$-		$1,894,629		$-		$-		$1,894,629

[1] If Management uses credit ratings to evaluate the credit risk of an underlying asset, it may use such ratings in its disclosure by replacing credit spreads by credit ratings.

* The credit spread on the underlying asset is generally indicative of the current status of the underlying risk of the Fund having to perform. The spread also reflects the cost of buying/selling protection and may include upfront payments required to be made to enter into a contract. Higher credit spreads with a shorter contract term is indicative of a higher likelihood of performance by the Fund.