NT International Value - Schedule of Investments | ||
FEBRUARY 28, 2021 (UNAUDITED) |
Shares/ Principal Amount ($) | Value ($) | |||||||
COMMON STOCKS — 98.9% | ||||||||
Australia — 6.4% | ||||||||
Aristocrat Leisure Ltd. | 2,156 | 50,516 | ||||||
Australia & New Zealand Banking Group Ltd. | 550,037 | 11,104,185 | ||||||
BHP Group Ltd. | 176,405 | 6,651,945 | ||||||
Commonwealth Bank of Australia | 90,421 | 5,688,051 | ||||||
Fortescue Metals Group Ltd. | 891,471 | 16,583,263 | ||||||
National Australia Bank Ltd. | 209,332 | 3,979,976 | ||||||
Santos Ltd. | 592,391 | 3,333,396 | ||||||
Wesfarmers Ltd. | 327,615 | 12,428,730 | ||||||
Westpac Banking Corp. | 222,449 | 4,085,811 | ||||||
Woodside Petroleum Ltd. | 803,100 | 15,310,508 | ||||||
79,216,381 | ||||||||
Austria — 0.6% | ||||||||
Erste Group Bank AG(1) | 95,705 | 3,146,101 | ||||||
voestalpine AG | 122,104 | 4,835,079 | ||||||
7,981,180 | ||||||||
Belgium — 2.1% | ||||||||
Ageas SA/NV | 208,976 | 11,710,353 | ||||||
Etablissements Franz Colruyt NV | 28,755 | 1,721,016 | ||||||
KBC Group NV(1) | 79,452 | 5,712,920 | ||||||
Solvay SA | 52,460 | 6,396,924 | ||||||
25,541,213 | ||||||||
Denmark — 0.3% | ||||||||
Novo Nordisk A/S, B Shares | 48,803 | 3,472,009 | ||||||
Finland — 1.2% | ||||||||
Fortum Oyj | 136,669 | 3,411,001 | ||||||
Kone Oyj, B Shares | 136,254 | 10,861,508 | ||||||
14,272,509 | ||||||||
France — 9.4% | ||||||||
BNP Paribas SA(1) | 290,316 | 17,250,290 | ||||||
Bouygues SA | 253,257 | 10,251,950 | ||||||
Cie de Saint-Gobain(1) | 122,338 | 6,554,421 | ||||||
Covivio | 28,637 | 2,405,961 | ||||||
Eiffage SA(1) | 13,675 | 1,404,569 | ||||||
Hermes International | 4,650 | 5,167,084 | ||||||
Ipsen SA | 62,501 | 5,318,026 | ||||||
Legrand SA | 49,439 | 4,288,844 | ||||||
Publicis Groupe SA | 214,260 | 12,544,240 | ||||||
Safran SA(1) | 44,079 | 6,020,742 | ||||||
Sanofi | 56,349 | 5,157,988 | ||||||
Schneider Electric SE | 58,879 | 8,724,636 | ||||||
SCOR SE(1) | 40,857 | 1,350,383 | ||||||
TOTAL SE | 596,991 | 27,656,184 | ||||||
Vinci SA | 16,677 | 1,730,612 | ||||||
115,825,930 | ||||||||
Germany — 8.9% | ||||||||
Allianz SE | 90,802 | 21,937,578 | ||||||
BASF SE | 15,578 | 1,275,528 | ||||||
Bayer AG | 41,944 | 2,537,412 |
Bayerische Motoren Werke AG | 120,022 | 10,341,066 | ||||||
Brenntag AG | 178,751 | 13,852,549 | ||||||
Commerzbank AG(1) | 236,827 | 1,553,523 | ||||||
Daimler AG | 272,005 | 21,719,742 | ||||||
Deutsche Telekom AG | 81,267 | 1,470,890 | ||||||
HeidelbergCement AG | 64,183 | 5,066,332 | ||||||
Muenchener Rueckversicherungs-Gesellschaft AG | 56,350 | 16,453,257 | ||||||
Siemens AG | 84,240 | 12,963,378 | ||||||
109,171,255 | ||||||||
Hong Kong — 2.4% | ||||||||
BOC Hong Kong Holdings Ltd. | 3,645,500 | 12,120,693 | ||||||
Hang Seng Bank Ltd. | 716,400 | 13,892,458 | ||||||
Techtronic Industries Co. Ltd. | 132,000 | 2,011,245 | ||||||
WH Group Ltd. | 1,689,500 | 1,515,416 | ||||||
29,539,812 | ||||||||
Israel — 0.4% | ||||||||
Israel Discount Bank Ltd., A Shares | 1,375,686 | 5,045,629 | ||||||
Italy — 2.7% | ||||||||
Enel SpA | 384,535 | 3,639,652 | ||||||
FinecoBank Banca Fineco SpA(1) | 469,186 | 8,248,424 | ||||||
Intesa Sanpaolo SpA(1) | 519,978 | 1,338,983 | ||||||
Moncler SpA(1) | 45,586 | 2,821,847 | ||||||
Tenaris SA | 1,697,826 | 17,679,509 | ||||||
33,728,415 | ||||||||
Japan — 23.6% | ||||||||
Advantest Corp. | 47,400 | 3,890,125 | ||||||
Astellas Pharma, Inc. | 587,400 | 9,303,956 | ||||||
Brother Industries Ltd. | 596,900 | 11,839,307 | ||||||
Cosmos Pharmaceutical Corp. | 51,000 | 7,305,232 | ||||||
Denso Corp. | 104,200 | 6,304,607 | ||||||
FANUC Corp. | 11,800 | 2,944,919 | ||||||
Fast Retailing Co. Ltd. | 2,300 | 2,283,496 | ||||||
Fujitsu Ltd. | 8,300 | 1,195,785 | ||||||
Iida Group Holdings Co. Ltd. | 570,500 | 13,003,431 | ||||||
ITOCHU Corp. | 95,200 | 2,856,944 | ||||||
Kajima Corp. | 213,400 | 2,747,012 | ||||||
Kao Corp. | 14,800 | 998,946 | ||||||
KDDI Corp. | 625,500 | 19,304,327 | ||||||
Komatsu Ltd. | 130,800 | 3,980,082 | ||||||
Lixil Corp. | 306,300 | 8,582,274 | ||||||
Mitsubishi Electric Corp. | 957,400 | 14,222,989 | ||||||
Mitsubishi UFJ Financial Group, Inc. | 2,300 | 12,176 | ||||||
Mitsui & Co. Ltd. | 93,100 | 1,997,511 | ||||||
Nintendo Co. Ltd. | 22,500 | 13,666,976 | ||||||
Nippon Telegraph & Telephone Corp. | 133,000 | 3,440,873 | ||||||
Nitori Holdings Co. Ltd. | 6,200 | 1,155,923 | ||||||
Nitto Denko Corp. | 105,500 | 9,065,609 | ||||||
Obayashi Corp. | 4,400 | 38,377 | ||||||
Omron Corp. | 12,500 | 1,013,526 | ||||||
ORIX Corp. | 733,500 | 12,613,593 | ||||||
Otsuka Holdings Co. Ltd. | 243,000 | 9,734,007 | ||||||
Panasonic Corp. | 624,100 | 8,074,511 | ||||||
Recruit Holdings Co. Ltd. | 262,000 | 13,124,893 | ||||||
Renesas Electronics Corp.(1) | 760,600 | 8,393,914 | ||||||
Seiko Epson Corp. | 89,600 | 1,481,889 |
Sekisui House Ltd. | 82,600 | 1,556,739 | ||||||
Seven & i Holdings Co. Ltd. | 275,000 | 10,502,675 | ||||||
Shin-Etsu Chemical Co. Ltd. | 42,400 | 6,958,211 | ||||||
Shionogi & Co. Ltd. | 105,500 | 5,393,927 | ||||||
Shizuoka Bank Ltd. (The) | 228,100 | 1,690,038 | ||||||
Softbank Corp. | 1,204,400 | 16,333,618 | ||||||
SoftBank Group Corp. | 77,400 | 7,183,823 | ||||||
Sony Corp. | 111,900 | 11,761,669 | ||||||
Sumitomo Mitsui Financial Group, Inc. | 200,900 | 7,120,838 | ||||||
Tokyo Electron Ltd. | 8,600 | 3,542,152 | ||||||
Toyota Industries Corp. | 65,600 | 5,678,129 | ||||||
Toyota Motor Corp. | 167,100 | 12,309,614 | ||||||
Trend Micro, Inc. | 114,000 | 5,475,093 | ||||||
290,083,736 | ||||||||
Netherlands — 3.0% | ||||||||
Koninklijke Ahold Delhaize NV | 488,674 | 12,875,934 | ||||||
NN Group NV | 188,272 | 8,674,949 | ||||||
Randstad NV(1) | 223,914 | 14,907,943 | ||||||
36,458,826 | ||||||||
Norway — 0.2% | ||||||||
Yara International ASA | 45,507 | 2,189,975 | ||||||
Portugal — 0.4% | ||||||||
Jeronimo Martins SGPS SA | 347,483 | 5,386,737 | ||||||
Singapore — 3.5% | ||||||||
DBS Group Holdings Ltd. | 701,809 | 13,910,252 | ||||||
Oversea-Chinese Banking Corp. Ltd. | 1,489,582 | 12,202,558 | ||||||
Singapore Technologies Engineering Ltd. | 864,300 | 2,425,122 | ||||||
United Overseas Bank Ltd. | 769,200 | 14,150,675 | ||||||
42,688,607 | ||||||||
South Korea — 0.7% | ||||||||
Hyundai Motor Co. | 13,673 | 2,878,753 | ||||||
LG Chem Ltd. | 3,360 | 2,481,968 | ||||||
Samsung Electronics Co. Ltd. | 37,893 | 2,778,935 | ||||||
8,139,656 | ||||||||
Spain — 3.8% | ||||||||
ACS Actividades de Construccion y Servicios SA | 130,838 | 3,998,641 | ||||||
Banco Bilbao Vizcaya Argentaria SA | 2,196,266 | 12,187,331 | ||||||
Banco Santander SA(1) | 51,666 | 180,532 | ||||||
CaixaBank SA | 3,058,547 | 8,878,916 | ||||||
Enagas SA | 75,478 | 1,581,108 | ||||||
Endesa SA | 148,822 | 3,683,095 | ||||||
Iberdrola SA | 310,812 | 3,902,161 | ||||||
Industria de Diseno Textil SA | 302,927 | 9,978,202 | ||||||
Naturgy Energy Group SA | 93,092 | 2,317,898 | ||||||
Telefonica SA | 27,552 | 116,800 | ||||||
46,824,684 | ||||||||
Sweden — 3.8% | ||||||||
Atlas Copco AB, A Shares | 43,663 | 2,492,076 | ||||||
H & M Hennes & Mauritz AB, B Shares(1) | 106,400 | 2,507,060 | ||||||
Husqvarna AB, B Shares | 822,638 | 10,033,410 | ||||||
Industrivarden AB, C Shares(1) | 278,425 | 9,194,490 | ||||||
Investor AB, B Shares | 166,704 | 12,332,435 | ||||||
Kinnevik AB, Class B(1) | 95,050 | 4,416,335 | ||||||
Sandvik AB(1) | 67,214 | 1,803,943 |
Telefonaktiebolaget LM Ericsson, B Shares | 325,797 | 4,072,099 | ||||||
46,851,848 | ||||||||
Switzerland — 6.7% | ||||||||
Cie Financiere Richemont SA | 23,278 | 2,240,507 | ||||||
Geberit AG | 17,120 | 10,089,706 | ||||||
Kuehne + Nagel International AG | 58,427 | 13,851,489 | ||||||
Novartis AG | 198,260 | 17,038,869 | ||||||
Partners Group Holding AG | 6,773 | 8,111,390 | ||||||
Roche Holding AG(1) | 17,755 | 5,803,789 | ||||||
Schindler Holding AG, Bearer Participation Certificate | 6,383 | 1,741,238 | ||||||
UBS Group AG | 217,458 | 3,361,431 | ||||||
Zurich Insurance Group AG(1) | 50,727 | 20,684,405 | ||||||
82,922,824 | ||||||||
Taiwan — 0.5% | ||||||||
Taiwan Semiconductor Manufacturing Co. Ltd., ADR | 52,799 | 6,649,506 | ||||||
United Kingdom — 17.8% | ||||||||
3i Group plc | 459,083 | 7,059,679 | ||||||
Admiral Group plc | 271,677 | 11,686,702 | ||||||
Ashtead Group plc | 131,722 | 7,118,520 | ||||||
Aviva plc | 3,277,035 | 16,516,435 | ||||||
Barclays plc | 620,608 | 1,379,414 | ||||||
BHP Group plc | 511,251 | 16,158,791 | ||||||
BP plc | 582,542 | 2,368,120 | ||||||
Bunzl plc | 108,374 | 3,376,808 | ||||||
Direct Line Insurance Group plc | 1,176,462 | 5,252,865 | ||||||
Evraz plc | 2,255,003 | 17,934,630 | ||||||
Ferguson plc | 98,801 | 11,575,946 | ||||||
GlaxoSmithKline plc | 983,687 | 16,316,146 | ||||||
HSBC Holdings plc(1) | 823,200 | 4,871,158 | ||||||
ITV plc(1) | 929,855 | 1,422,655 | ||||||
JD Sports Fashion plc(1) | 302,589 | 3,499,338 | ||||||
Kingfisher plc(1) | 565,125 | 2,089,082 | ||||||
Legal & General Group plc | 3,814,767 | 13,775,354 | ||||||
M&G plc | 2,332,515 | 5,975,299 | ||||||
Next plc(1) | 89,766 | 9,435,570 | ||||||
Rio Tinto plc | 253,121 | 21,874,940 | ||||||
Royal Dutch Shell plc, B Shares | 232,563 | 4,507,918 | ||||||
St. James's Place plc | 147,260 | 2,408,060 | ||||||
Standard Life Aberdeen plc | 2,365,590 | 10,240,547 | ||||||
Unilever plc | 189,301 | 9,838,324 | ||||||
Vodafone Group plc | 7,075,864 | 12,030,848 | ||||||
218,713,149 | ||||||||
United States — 0.5% | ||||||||
Broadcom, Inc. | 6,595 | 3,098,793 | ||||||
NXP Semiconductors NV | 16,477 | 3,007,876 | ||||||
6,106,669 | ||||||||
TOTAL COMMON STOCKS (Cost $1,018,161,540) | 1,216,810,550 | |||||||
WARRANTS† | ||||||||
Switzerland† | ||||||||
Cie Financiere Richemont SA(1) (Cost $—) | 46,556 | 16,378 | ||||||
TEMPORARY CASH INVESTMENTS — 1.1% | ||||||||
Repurchase Agreement, BMO Capital Markets Corp., (collateralized by various U.S. Treasury obligations, 1.50% - 1.625%, 12/31/21 - 8/15/26, valued at $2,034,780), in a joint trading account at 0.01%, dated 2/26/21, due 3/1/21 (Delivery value $1,994,818) | 1,994,817 |
Repurchase Agreement, Fixed Income Clearing Corp., (collateralized by various U.S. Treasury obligations, 1.75%, 1/15/28, valued at $6,783,137), at 0.01%, dated 2/26/21, due 3/1/21 (Delivery value $6,650,006) | 6,650,000 | |||||||
State Street Institutional U.S. Government Money Market Fund, Premier Class | 5,332,952 | 5,332,952 | ||||||
TOTAL TEMPORARY CASH INVESTMENTS (Cost $13,977,769) | 13,977,769 | |||||||
TOTAL INVESTMENT SECURITIES — 100.0% (Cost $1,032,139,309) | 1,230,804,697 | |||||||
OTHER ASSETS AND LIABILITIES† | (321,802) | |||||||
TOTAL NET ASSETS — 100.0% | $ | 1,230,482,895 |
MARKET SECTOR DIVERSIFICATION | |||||
(as a % of net assets) | |||||
Financials | 30.2% | ||||
Industrials | 16.3% | ||||
Consumer Discretionary | 13.1% | ||||
Materials | 9.6% | ||||
Communication Services | 7.1% | ||||
Health Care | 6.5% | ||||
Energy | 5.8% | ||||
Information Technology | 4.5% | ||||
Consumer Staples | 4.0% | ||||
Utilities | 1.6% | ||||
Real Estate | 0.2% | ||||
Cash and Equivalents* | 1.1% |
NOTES TO SCHEDULE OF INVESTMENTS | ||||||||
ADR | - | American Depositary Receipt |
Level 1 ($) | Level 2 ($) | Level 3 ($) | |||||||||
Assets | |||||||||||
Investment Securities | |||||||||||
Common Stocks | 12,756,175 | 1,204,054,375 | — | ||||||||
Warrants | — | 16,378 | — | ||||||||
Temporary Cash Investments | 5,332,952 | 8,644,817 | — | ||||||||
18,089,127 | 1,212,715,570 | — |