International Growth - Schedule of Investments | |
FEBRUARY 29, 2020 (UNAUDITED) |
Shares/ Principal Amount ($) | Value ($) | ||||
COMMON STOCKS — 98.7% | |||||
Australia — 4.8% | |||||
Aristocrat Leisure Ltd. | 445,220 | 9,556,305 | |||
Atlassian Corp. plc, Class A(1) | 47,490 | 6,884,150 | |||
CSL Ltd. | 174,390 | 34,597,514 | |||
Treasury Wine Estates Ltd. | 1,393,820 | 10,020,494 | |||
61,058,463 | |||||
Austria — 0.9% | |||||
Erste Group Bank AG(1) | 346,982 | 11,968,521 | |||
Belgium — 1.2% | |||||
KBC Group NV | 234,400 | 15,610,525 | |||
Brazil — 1.3% | |||||
Localiza Rent a Car SA | 676,090 | 7,371,844 | |||
Magazine Luiza SA | 795,031 | 8,853,629 | |||
16,225,473 | |||||
Canada — 5.4% | |||||
Alimentation Couche-Tard, Inc., B Shares | 424,300 | 12,884,685 | |||
Canada Goose Holdings, Inc.(1)(2) | 401,380 | 11,066,046 | |||
Canadian Pacific Railway Ltd. | 42,810 | 10,610,246 | |||
First Quantum Minerals Ltd. | 800,910 | 5,919,186 | |||
Intact Financial Corp. | 135,050 | 14,638,424 | |||
Shopify, Inc., Class A(1) | 13,910 | 6,458,551 | |||
TMX Group Ltd. | 96,980 | 8,071,250 | |||
69,648,388 | |||||
China — 4.8% | |||||
Alibaba Group Holding Ltd. ADR(1) | 95,470 | 19,857,760 | |||
ANTA Sports Products Ltd. | 679,000 | 5,523,905 | |||
GDS Holdings Ltd. ADR(1) | 276,990 | 16,057,110 | |||
TAL Education Group ADR(1) | 127,790 | 6,950,498 | |||
Tencent Holdings Ltd. | 272,200 | 13,426,375 | |||
61,815,648 | |||||
Denmark — 3.2% | |||||
Carlsberg A/S, B Shares | 112,120 | 14,866,154 | |||
DSV Panalpina A/S | 125,992 | 12,723,084 | |||
Novo Nordisk A/S, B Shares | 224,640 | 13,351,135 | |||
40,940,373 | |||||
Finland — 1.6% | |||||
Neste Oyj | 509,420 | 20,118,902 | |||
France — 10.3% | |||||
Airbus SE | 90,460 | 11,056,406 | |||
ArcelorMittal SA | 560,000 | 8,163,424 | |||
Dassault Systemes SE | 71,820 | 11,347,749 | |||
Edenred | 249,321 | 13,089,928 | |||
LVMH Moet Hennessy Louis Vuitton SE | 36,650 | 15,121,002 | |||
Peugeot SA | 341,360 | 6,656,183 | |||
Safran SA | 84,600 | 11,753,061 |
Schneider Electric SE | 228,890 | 23,329,206 | |||
Teleperformance | 45,770 | 11,173,579 | |||
TOTAL SA | 247,610 | 10,609,961 | |||
Valeo SA | 367,780 | 9,508,857 | |||
131,809,356 | |||||
Germany — 5.1% | |||||
adidas AG | 47,320 | 13,184,243 | |||
E.ON SE | 782,760 | 9,038,830 | |||
Infineon Technologies AG | 767,564 | 16,035,772 | |||
Puma SE | 149,220 | 11,470,890 | |||
Symrise AG | 160,830 | 15,664,679 | |||
65,394,414 | |||||
Hong Kong — 2.9% | |||||
AIA Group Ltd. | 3,842,200 | 37,159,816 | |||
Hungary — 0.5% | |||||
OTP Bank Nyrt | 139,659 | 6,083,994 | |||
India — 0.7% | |||||
HDFC Bank Ltd. | 530,980 | 8,732,910 | |||
Indonesia — 0.7% | |||||
Bank Central Asia Tbk PT | 4,080,300 | 8,903,920 | |||
Ireland — 2.7% | |||||
CRH plc | 365,500 | 12,329,765 | |||
ICON plc(1) | 52,230 | 8,151,014 | |||
Kerry Group plc, A Shares | 113,070 | 14,239,737 | |||
34,720,516 | |||||
Italy — 1.4% | |||||
Nexi SpA(1) | 552,685 | 8,934,851 | |||
Prysmian SpA | 386,710 | 9,306,474 | |||
18,241,325 | |||||
Japan — 15.0% | |||||
Daikin Industries Ltd. | 65,000 | 8,826,306 | |||
Fast Retailing Co. Ltd. | 14,000 | 6,898,956 | |||
GMO Payment Gateway, Inc. | 107,900 | 6,658,137 | |||
Hoya Corp. | 223,200 | 19,781,713 | |||
Keyence Corp. | 65,700 | 21,196,390 | |||
MonotaRO Co. Ltd. | 514,000 | 11,399,420 | |||
Murata Manufacturing Co. Ltd. | 408,800 | 21,941,182 | |||
Obic Co. Ltd. | 75,600 | 9,292,113 | |||
Pan Pacific International Holdings Corp. | 1,060,400 | 17,476,361 | |||
Recruit Holdings Co. Ltd. | 615,200 | 21,362,147 | |||
Rohm Co. Ltd. | 71,800 | 4,688,842 | |||
Shimadzu Corp. | 396,000 | 9,585,541 | |||
Shiseido Co. Ltd. | 127,100 | 7,726,370 | |||
Sysmex Corp. | 164,600 | 10,512,329 | |||
Terumo Corp. | 466,700 | 14,950,978 | |||
192,296,785 | |||||
Netherlands — 4.3% | |||||
Adyen NV(1) | 17,848 | 15,833,509 | |||
ASML Holding NV | 80,470 | 22,287,197 | |||
Koninklijke DSM NV | 146,120 | 16,547,061 | |||
54,667,767 | |||||
Spain — 4.3% | |||||
Cellnex Telecom SA | 571,844 | 27,979,051 | |||
Iberdrola SA | 2,353,936 | 26,942,328 | |||
54,921,379 | |||||
Sweden — 4.9% | |||||
Atlas Copco AB, A Shares | 305,830 | 10,977,072 | |||
Hexagon AB, B Shares | 323,770 | 17,425,206 | |||
Lundin Petroleum AB | 358,370 | 10,218,388 | |||
Swedish Match AB | 174,640 | 10,222,680 | |||
Telefonaktiebolaget LM Ericsson, B Shares | 1,736,890 | 13,873,049 | |||
62,716,395 | |||||
Switzerland — 12.4% | |||||
Lonza Group AG(1) | 61,100 | 24,417,259 | |||
Nestle SA | 419,100 | 43,421,673 | |||
Novartis AG | 260,040 | 21,830,160 | |||
Partners Group Holding AG | 17,310 | 15,131,870 | |||
Sika AG | 77,921 | 13,921,711 | |||
Straumann Holding AG | 12,150 | 11,413,380 | |||
Temenos AG(1) | 83,500 | 12,018,082 | |||
Zurich Insurance Group AG | 44,330 | 17,251,844 | |||
159,405,979 | |||||
Taiwan — 1.0% | |||||
Taiwan Semiconductor Manufacturing Co. Ltd. | 1,258,000 | 12,898,592 | |||
United Kingdom — 9.3% | |||||
ASOS plc(1) | 205,870 | 7,929,128 | |||
Associated British Foods plc | 201,830 | 5,880,759 | |||
AstraZeneca plc | 339,090 | 29,682,350 | |||
B&M European Value Retail SA | 1,437,943 | 6,187,598 | |||
Barratt Developments plc | 756,520 | 7,431,713 | |||
Burberry Group plc | 533,710 | 11,659,476 | |||
Ferguson plc | 104,450 | 9,123,539 | |||
London Stock Exchange Group plc | 231,600 | 22,653,919 | |||
Melrose Industries plc | 6,762,400 | 18,454,371 | |||
119,002,853 | |||||
TOTAL COMMON STOCKS (Cost $1,020,260,138) | 1,264,342,294 | ||||
TEMPORARY CASH INVESTMENTS — 1.3% | |||||
Repurchase Agreement, BMO Capital Markets Corp., (collateralized by various U.S. Treasury obligations, 1.625% - 7.875%, 2/15/21 - 5/15/45, valued at $16,136,299), in a joint trading account at 1.35%, dated 2/28/20, due 3/2/20 (Delivery value $15,753,774) | 15,752,002 | ||||
Repurchase Agreement, Fixed Income Clearing Corp., (collateralized by various U.S. Treasury obligations, 1.875%, 9/30/22, valued at $904,239), at 0.65%, dated 2/28/20, due 3/2/20 (Delivery value $884,048) | 884,000 | ||||
State Street Institutional U.S. Government Money Market Fund, Premier Class | 5,598 | 5,598 | |||
TOTAL TEMPORARY CASH INVESTMENTS (Cost $16,641,600) | 16,641,600 | ||||
TEMPORARY CASH INVESTMENTS - SECURITIES LENDING COLLATERAL(3) — 0.9% | |||||
State Street Navigator Securities Lending Government Money Market Portfolio (Cost $11,309,040) | 11,309,040 | 11,309,040 | |||
TOTAL INVESTMENT SECURITIES — 100.9% (Cost $1,048,210,778) | 1,292,292,934 | ||||
OTHER ASSETS AND LIABILITIES — (0.9)% | (11,998,809 | ) | |||
TOTAL NET ASSETS — 100.0% | $ | 1,280,294,125 |
MARKET SECTOR DIVERSIFICATION | |
(as a % of net assets) | |
Information Technology | 19.3% |
Health Care | 14.6% |
Industrials | 13.8% |
Consumer Discretionary | 13.8% |
Financials | 12.9% |
Consumer Staples | 9.4% |
Materials | 5.7% |
Communication Services | 3.2% |
Energy | 3.2% |
Utilities | 2.8% |
Cash and Equivalents* | 1.3% |
NOTES TO SCHEDULE OF INVESTMENTS | ||
ADR | - | American Depositary Receipt |
(1) | Non-income producing. |
(2) | Security, or a portion thereof, is on loan. At the period end, the aggregate value of securities on loan was $11,066,046. The amount of securities on loan indicated may not correspond with the securities on loan identified because securities with pending sales are in the process of recall from the brokers. |
(3) | Investment of cash collateral from securities on loan. At the period end, the aggregate market value of the collateral held by the fund was $11,338,500, which includes securities collateral of $29,460. |
• | Level 1 valuation inputs consist of unadjusted quoted prices in an active market for identical investments. |
• | Level 2 valuation inputs consist of direct or indirect observable market data (including quoted prices for comparable investments, evaluations of subsequent market events, interest rates, prepayment speeds, credit risk, etc.). These inputs also consist of quoted prices for identical investments initially expressed in local currencies that are adjusted through translation into U.S. dollars. |
• | Level 3 valuation inputs consist of unobservable data (including a fund’s own assumptions). |
Level 1 ($) | Level 2 ($) | Level 3 ($) | ||||
Assets | ||||||
Investment Securities | ||||||
Common Stocks | ||||||
Australia | 6,884,150 | 54,174,313 | — | |||
Canada | 11,066,046 | 58,582,342 | — | |||
China | 42,865,368 | 18,950,280 | — | |||
Ireland | 8,151,014 | 26,569,502 | — | |||
Other Countries | — | 1,037,099,279 | — | |||
Temporary Cash Investments | 5,598 | 16,636,002 | — | |||
Temporary Cash Investments - Securities Lending Collateral | 11,309,040 | — | — | |||
80,281,216 | 1,212,011,718 | — |