AB Variable Products Series Fund, Inc.
Dynamic Asset Allocation Portfolio
Portfolio of Investments
March 31, 2021 (unaudited)
Company | Shares | U.S. $ Value | ||||||
COMMON STOCKS – 54.1% |
| |||||||
Information Technology – 9.8% |
| |||||||
Communications Equipment – 0.3% |
| |||||||
Arista Networks, Inc.(a) | 235 | $ | 70,944 | |||||
Cisco Systems, Inc./Delaware | 18,790 | 971,631 | ||||||
F5 Networks, Inc.(a) | 280 | 58,414 | ||||||
Juniper Networks, Inc. | 1,460 | 36,982 | ||||||
Motorola Solutions, Inc. | 725 | 136,336 | ||||||
Nokia Oyj(a) | 65,083 | 259,918 | ||||||
Telefonaktiebolaget LM Ericsson - Class B | 24,588 | 325,920 | ||||||
|
| |||||||
1,860,145 | ||||||||
|
| |||||||
Electronic Equipment, Instruments & Components – 0.7% |
| |||||||
Amphenol Corp. - Class A | 2,620 | 172,841 | ||||||
Azbil Corp. | 1,100 | 47,426 | ||||||
CDW Corp./DE | 632 | 104,754 | ||||||
Corning, Inc. | 3,365 | 146,411 | ||||||
FLIR Systems, Inc. | 560 | 31,623 | ||||||
Halma PLC | 3,559 | 116,439 | ||||||
Hamamatsu Photonics KK | 1,600 | 94,791 | ||||||
Hexagon AB - Class B | 3,240 | 299,079 | ||||||
Hirose Electric Co., Ltd. | 280 | 43,164 | ||||||
Hitachi Ltd. | 8,595 | 389,597 | ||||||
Ibiden Co., Ltd. | 940 | 43,430 | ||||||
IPG Photonics Corp.(a) | 173 | 36,493 | ||||||
Keyence Corp. | 1,617 | 736,957 | ||||||
Keysight Technologies, Inc.(a) | 828 | 118,735 | ||||||
Kyocera Corp. | 2,852 | 181,472 | ||||||
Murata Manufacturing Co., Ltd. | 5,099 | 410,446 | ||||||
Omron Corp. | 1,637 | 128,230 | ||||||
Shimadzu Corp. | 2,556 | 92,682 | ||||||
TDK Corp. | 1,152 | 160,367 | ||||||
TE Connectivity Ltd. | 1,460 | 188,501 | ||||||
Trimble, Inc.(a) | 1,115 | 86,736 | ||||||
Venture Corp., Ltd. | 3,169 | 47,321 | ||||||
Yaskawa Electric Corp. | 2,723 | 136,047 | ||||||
Yokogawa Electric Corp. | 2,628 | 48,546 | ||||||
Zebra Technologies Corp. - Class A(a) | 262 | 127,117 | ||||||
|
| |||||||
3,989,205 | ||||||||
|
| |||||||
IT Services – 1.9% |
| |||||||
Accenture PLC - Class A | 2,825 | 780,406 | ||||||
Adyen NV(a) (b) | 167 | 372,644 | ||||||
Afterpay Ltd.(a) | 1,899 | 148,320 | ||||||
Akamai Technologies, Inc.(a) | 705 | 71,839 | ||||||
Amadeus IT Group SA - Class A(a) | 4,486 | 319,529 | ||||||
Atos SE(a) | 940 | 73,287 | ||||||
Automatic Data Processing, Inc. | 1,880 | 354,324 | ||||||
Bechtle AG | 272 | 51,026 | ||||||
Broadridge Financial Solutions, Inc. | 519 | 79,459 | ||||||
Capgemini SE | 1,452 | 246,879 | ||||||
Cognizant Technology Solutions Corp. - Class A | 2,340 | 182,801 | ||||||
DXC Technology Co.(a) | 1,118 | 34,949 | ||||||
Edenred | 2,787 | 145,520 | ||||||
Fidelity National Information Services, Inc. | 2,749 | 386,537 | ||||||
Fiserv, Inc.(a) | 2,438 | 290,220 |
1
Company | Shares | U.S. $ Value | ||||||
FleetCor Technologies, Inc.(a) | 361 | $ | 96,975 | |||||
Fujitsu Ltd. | 1,738 | 252,903 | ||||||
Gartner, Inc.(a) | 390 | 71,194 | ||||||
Global Payments, Inc. | 1,327 | 267,497 | ||||||
GMO Payment Gateway, Inc. | 360 | 47,836 | ||||||
International Business Machines Corp. | 3,938 | 524,778 | ||||||
Jack Henry & Associates, Inc. | 347 | 52,647 | ||||||
Mastercard, Inc. - Class A | 3,910 | 1,392,155 | ||||||
NEC Corp. | 2,849 | 168,221 | ||||||
Nomura Research Institute Ltd. | 3,684 | 114,454 | ||||||
NTT Data Corp. | 7,265 | 112,672 | ||||||
Obic Co., Ltd. | 803 | 147,344 | ||||||
Otsuka Corp. | 1,200 | 56,267 | ||||||
Paychex, Inc. | 1,395 | 136,738 | ||||||
PayPal Holdings, Inc.(a) | 5,235 | 1,271,267 | ||||||
TIS, Inc. | 1,980 | 47,403 | ||||||
VeriSign, Inc.(a) | 425 | 84,473 | ||||||
Visa, Inc. - Class A(c) | 7,550 | 1,598,561 | ||||||
Western Union Co. (The) - Class W | 1,790 | 44,141 | ||||||
Wix.com Ltd.(a) | 543 | 151,616 | ||||||
Worldline SA/France(a) (b) | 2,512 | 210,297 | ||||||
|
| |||||||
10,387,179 | ||||||||
|
| |||||||
Semiconductors & Semiconductor Equipment – 2.4% |
| |||||||
Advanced Micro Devices, Inc.(a) | 5,353 | 420,210 | ||||||
Advantest Corp. | 1,763 | 154,848 | ||||||
Analog Devices, Inc. | 1,610 | 249,679 | ||||||
Applied Materials, Inc. | 4,025 | 537,740 | ||||||
ASM International NV | 465 | 134,824 | ||||||
ASM Pacific Technology Ltd. | 3,530 | 45,176 | ||||||
ASML Holding NV | 3,780 | 2,319,292 | ||||||
Broadcom, Inc. | 1,809 | 838,761 | ||||||
Disco Corp. | 332 | 104,913 | ||||||
Enphase Energy, Inc.(a) | 563 | 91,296 | ||||||
Infineon Technologies AG | 11,589 | 493,084 | ||||||
Intel Corp. | 18,210 | 1,165,440 | ||||||
KLA Corp. | 710 | 234,584 | ||||||
Lam Research Corp. | 679 | 404,168 | ||||||
Lasertec Corp. | 869 | 114,761 | ||||||
Maxim Integrated Products, Inc. | 1,175 | 107,360 | ||||||
Microchip Technology, Inc. | 1,145 | 177,727 | ||||||
Micron Technology, Inc.(a) | 4,930 | 434,875 | ||||||
Monolithic Power Systems, Inc. | 189 | 66,757 | ||||||
NVIDIA Corp. | 2,765 | 1,476,316 | ||||||
NXP Semiconductors NV | 1,234 | 248,454 | ||||||
Qorvo, Inc.(a) | 518 | 94,639 | ||||||
QUALCOMM, Inc. | 5,014 | 664,806 | ||||||
Renesas Electronics Corp.(a) | 8,127 | 88,981 | ||||||
Rohm Co., Ltd. | 1,013 | 99,349 | ||||||
Skyworks Solutions, Inc. | 724 | 132,840 | ||||||
STMicroelectronics NV | 5,762 | 220,139 | ||||||
SUMCO Corp. | 2,320 | 53,168 | ||||||
Teradyne, Inc. | 700 | 85,176 | ||||||
Texas Instruments, Inc. | 4,095 | 773,914 | ||||||
Tokyo Electron Ltd. | 1,331 | 578,497 | ||||||
Xilinx, Inc. | 1,085 | 134,431 | ||||||
|
| |||||||
12,746,205 | ||||||||
|
|
2
Company | Shares | U.S. $ Value | ||||||
Software – 2.7% |
| |||||||
Adobe, Inc.(a) | 2,130 | $ | 1,012,538 | |||||
ANSYS, Inc.(a) | 412 | 139,899 | ||||||
Autodesk, Inc.(a) | 985 | 272,993 | ||||||
AVEVA Group PLC | 1,315 | 62,030 | ||||||
Cadence Design Systems, Inc.(a) | 1,214 | 166,306 | ||||||
Check Point Software Technologies Ltd.(a) | 1,105 | 123,727 | ||||||
Citrix Systems, Inc. | 530 | 74,391 | ||||||
CyberArk Software Ltd.(a) | 382 | 49,408 | ||||||
Dassault Systemes SE | 1,194 | 255,204 | ||||||
Fortinet, Inc.(a) | 569 | 104,935 | ||||||
Intuit, Inc. | 1,180 | 452,011 | ||||||
Microsoft Corp. | 33,673 | 7,939,083 | ||||||
Nice Ltd.(a) | 604 | 131,311 | ||||||
NortonLifeLock, Inc. | 2,625 | 55,807 | ||||||
Oracle Corp. | 8,432 | 591,673 | ||||||
Paycom Software, Inc.(a) | 234 | 86,594 | ||||||
Sage Group PLC (The) | 10,203 | 86,197 | ||||||
salesforce.com, Inc.(a) | 4,053 | 858,709 | ||||||
SAP SE | 9,261 | 1,135,923 | ||||||
ServiceNow, Inc.(a) | 879 | 439,597 | ||||||
Synopsys, Inc.(a) | 672 | 166,508 | ||||||
TeamViewer AG(a) (b) | 1,420 | 60,728 | ||||||
Temenos AG | 597 | 86,140 | ||||||
Trend Micro, Inc./Japan | 1,600 | 80,317 | ||||||
Tyler Technologies, Inc.(a) | 179 | 75,991 | ||||||
Xero Ltd.(a) | 1,274 | 123,305 | ||||||
|
| |||||||
14,631,325 | ||||||||
|
| |||||||
Technology Hardware, Storage & Peripherals – 1.8% |
| |||||||
Apple, Inc. | 70,290 | 8,585,923 | ||||||
Brother Industries Ltd. | 1,980 | 43,977 | ||||||
Canon, Inc. | 8,880 | 201,878 | ||||||
FUJIFILM Holdings Corp. | 3,200 | 190,362 | ||||||
Hewlett Packard Enterprise Co. | 5,730 | 90,190 | ||||||
HP, Inc. | 6,070 | 192,723 | ||||||
Logitech International SA | 1,453 | 152,382 | ||||||
NetApp, Inc. | 990 | 71,943 | ||||||
Ricoh Co., Ltd. | 5,940 | 60,547 | ||||||
Seagate Technology PLC | 950 | 72,913 | ||||||
Seiko Epson Corp. | 2,480 | 40,486 | ||||||
Western Digital Corp. | 1,313 | 87,643 | ||||||
|
| |||||||
9,790,967 | ||||||||
|
| |||||||
53,405,026 | ||||||||
|
| |||||||
Financials – 7.8% |
| |||||||
Banks – 3.5% |
| |||||||
Australia & New Zealand Banking Group Ltd. | 25,201 | 541,077 | ||||||
Banco Bilbao Vizcaya Argentaria SA | 64,818 | 337,777 | ||||||
Banco Santander SA(a) | 168,981 | 576,361 | ||||||
Bank Leumi Le-Israel BM | 16,778 | 110,518 |
3
Company | Shares | U.S. $ Value | ||||||
Bank of America Corp. | 33,856 | $ | 1,309,889 | |||||
Barclays PLC | 146,032 | 373,976 | ||||||
BNP Paribas SA(a) | 10,048 | 612,217 | ||||||
BOC Hong Kong Holdings Ltd. | 32,840 | 114,887 | ||||||
Citigroup, Inc. | 9,249 | 672,865 | ||||||
Citizens Financial Group, Inc. | 1,879 | 82,958 | ||||||
Comerica, Inc. | 600 | 43,044 | ||||||
Commerzbank AG(a) | 8,880 | 54,493 | ||||||
Commonwealth Bank of Australia | 15,734 | 1,032,383 | ||||||
Concordia Financial Group Ltd. | 9,120 | 36,991 | ||||||
Credit Agricole SA(a) | 13,282 | 192,353 | ||||||
Danske Bank A/S | 7,538 | 141,016 | ||||||
DBS Group Holdings Ltd. | 17,778 | 381,185 | ||||||
DNB ASA | 10,914 | 232,718 | ||||||
Erste Group Bank AG(a) | 2,832 | 95,943 | ||||||
Fifth Third Bancorp | 3,140 | 117,593 | ||||||
FinecoBank Banca Fineco SpA(a) | 5,400 | 88,343 | ||||||
First Republic Bank/CA | 773 | 128,898 | ||||||
Hang Seng Bank Ltd. | 8,803 | 170,938 | ||||||
HSBC Holdings PLC | 180,692 | 1,053,194 | ||||||
Huntington Bancshares, Inc./OH | 4,495 | 70,661 | ||||||
ING Groep NV | 34,597 | 422,571 | ||||||
Intesa Sanpaolo SpA(a) | 171,325 | 464,217 | ||||||
Israel Discount Bank Ltd. - Class A | 13,191 | 54,840 | ||||||
Japan Post Bank Co., Ltd. | 3,600 | 34,619 | ||||||
JPMorgan Chase & Co. | 13,555 | 2,063,478 | ||||||
KBC Group NV(a) | 2,475 | 180,084 | ||||||
KeyCorp | 4,315 | 86,214 | ||||||
Lloyds Banking Group PLC(a) | 590,731 | 346,537 | ||||||
M&T Bank Corp. | 565 | 85,660 | ||||||
Mitsubishi UFJ Financial Group, Inc. | 108,445 | 579,887 | ||||||
Mizuho Financial Group, Inc. | 21,408 | 309,568 | ||||||
National Australia Bank Ltd. | 29,182 | 578,168 | ||||||
Natwest Group PLC | 37,106 | 100,402 | ||||||
Nordea Bank Abp | 37,296 | 367,748 | ||||||
Oversea-Chinese Banking Corp., Ltd. | 32,006 | 280,021 | ||||||
People’s United Financial, Inc. | 1,875 | 33,562 | ||||||
PNC Financial Services Group, Inc. (The) | 1,880 | 329,771 | ||||||
Raiffeisen Bank International AG(a) | 1,704 | 37,408 | ||||||
Regions Financial Corp. | 4,265 | 88,115 | ||||||
Resona Holdings, Inc. | 24,078 | 101,140 | ||||||
Shizuoka Bank Ltd. (The) | 904 | 7,107 | ||||||
Skandinaviska Enskilda Banken AB - Class A(a) | 14,436 | 176,097 | ||||||
Societe Generale SA(a) | 7,347 | 192,086 | ||||||
Standard Chartered PLC | 25,714 | 177,055 | ||||||
Sumitomo Mitsui Financial Group, Inc. | 11,580 | 419,743 | ||||||
Sumitomo Mitsui Trust Holdings, Inc. | 3,888 | 135,650 | ||||||
SVB Financial Group(a) | 236 | 116,504 | ||||||
Svenska Handelsbanken AB - Class A | 17,909 | 194,692 | ||||||
Swedbank AB - Class A | 8,033 | 141,637 | ||||||
Truist Financial Corp. | 5,998 | 349,803 | ||||||
UniCredit SpA(a) | 24,423 | 257,976 | ||||||
United Overseas Bank Ltd. | 13,541 | 261,098 | ||||||
US Bancorp | 6,105 | 337,667 | ||||||
Wells Fargo & Co. | 18,408 | 719,201 | ||||||
Westpac Banking Corp. | 32,045 | 594,401 | ||||||
Zions Bancorp NA | 730 | 40,121 | ||||||
|
| |||||||
19,237,126 | ||||||||
|
|
4
Company | Shares | U.S. $ Value | ||||||
Capital Markets - 1.5% |
| |||||||
3i Group PLC | 9,527 | $ | 151,408 | |||||
Ameriprise Financial, Inc. | 545 | 126,685 | ||||||
ASX Ltd. | 2,229 | 120,655 | ||||||
Bank of New York Mellon Corp. (The) | 3,615 | 170,953 | ||||||
BlackRock, Inc. - Class A | 633 | 477,257 | ||||||
Cboe Global Markets, Inc. | 446 | 44,016 | ||||||
Charles Schwab Corp. (The) | 6,642 | 432,926 | ||||||
CME Group, Inc. - Class A | 1,600 | 326,768 | ||||||
Credit Suisse Group AG | 21,724 | 229,826 | ||||||
Daiwa Securities Group, Inc. | 16,000 | 82,880 | ||||||
Deutsche Bank AG(a) | 17,421 | 208,372 | ||||||
Deutsche Boerse AG | 1,688 | 280,493 | ||||||
EQT AB | 3,226 | 106,212 | ||||||
Franklin Resources, Inc. | 1,190 | 35,224 | ||||||
Goldman Sachs Group, Inc. (The) | 1,538 | 502,926 | ||||||
Hargreaves Lansdown PLC | 3,794 | 80,613 | ||||||
Hong Kong Exchanges & Clearing Ltd. | 10,692 | 634,312 | ||||||
Intercontinental Exchange, Inc. | 2,500 | 279,200 | ||||||
Invesco Ltd. | 1,630 | 41,109 | ||||||
Japan Exchange Group, Inc. | 5,865 | 137,772 | ||||||
Julius Baer Group Ltd. | 2,348 | 150,045 | ||||||
London Stock Exchange Group PLC | 2,579 | 246,551 | ||||||
Macquarie Group Ltd. | 3,056 | 356,265 | ||||||
MarketAxess Holdings, Inc. | 160 | 79,667 | ||||||
Moody’s Corp. | 745 | 222,464 | ||||||
Morgan Stanley | 6,321 | 490,889 | ||||||
MSCI, Inc. - Class A | 357 | 149,683 | ||||||
Nasdaq, Inc. | 510 | 75,205 | ||||||
Natixis SA(a) | 10,888 | 52,043 | ||||||
Nomura Holdings, Inc. | 27,893 | 147,790 | ||||||
Northern Trust Corp. | 910 | 95,650 | ||||||
Partners Group Holding AG | 156 | 199,356 | ||||||
Raymond James Financial, Inc. | 509 | 62,383 | ||||||
S&P Global, Inc. | 1,100 | 388,157 | ||||||
SBI Holdings, Inc./Japan | 2,482 | 67,446 | ||||||
Schroders PLC | 1,431 | 69,041 | ||||||
St. James’s Place PLC | 3,698 | 64,923 | ||||||
Standard Life Aberdeen PLC | 19,119 | 76,381 | ||||||
State Street Corp. | 1,565 | 131,476 | ||||||
T. Rowe Price Group, Inc. | 975 | 167,310 | ||||||
UBS Group AG | 34,446 | 532,931 | ||||||
|
| |||||||
8,295,263 | ||||||||
|
| |||||||
Consumer Finance – 0.2% |
| |||||||
American Express Co. | 2,900 | 410,176 | ||||||
Capital One Financial Corp. | 2,003 | 254,842 | ||||||
Discover Financial Services | 1,360 | 129,186 | ||||||
Isracard Ltd. | 0 | 1 | ||||||
Synchrony Financial | 2,378 | 96,689 | ||||||
|
| |||||||
890,894 | ||||||||
|
|
5
Company | Shares | U.S. $ Value | ||||||
Diversified Financial Services – 0.7% |
| |||||||
Berkshire Hathaway, Inc. - Class B(a) | 8,493 | $ | 2,169,707 | |||||
EXOR NV | 1,249 | 105,344 | ||||||
Groupe Bruxelles Lambert SA | 1,185 | 122,583 | ||||||
IHS Markit Ltd. | 1,611 | 155,913 | ||||||
Industrivarden AB - Class C(a) | 1,826 | 64,081 | ||||||
Investor AB - Class B | 5,243 | 418,338 | ||||||
Kinnevik AB - Class B(a) | 2,785 | 135,357 | ||||||
M&G PLC | 27,397 | 78,291 | ||||||
ORIX Corp. | 11,648 | 197,000 | ||||||
Sofina SA | 178 | 60,179 | ||||||
Wendel SE | 309 | 38,347 | ||||||
|
| |||||||
3,545,140 | ||||||||
|
| |||||||
Insurance – 1.9% |
| |||||||
Admiral Group PLC | 2,197 | 93,902 | ||||||
Aflac, Inc. | 2,890 | 147,910 | ||||||
Ageas SA/NV | 1,401 | 84,601 | ||||||
AIA Group Ltd. | 107,299 | 1,312,993 | ||||||
Allianz SE | 3,656 | 929,922 | ||||||
Allstate Corp. (The) | 1,350 | 155,115 | ||||||
American International Group, Inc. | 3,833 | 177,123 | ||||||
Aon PLC | 1,025 | 235,863 | ||||||
Arthur J Gallagher & Co. | 852 | 106,304 | ||||||
Assicurazioni Generali SpA(a) | 12,649 | 252,716 | ||||||
Assurant, Inc. | 260 | 36,860 | ||||||
Aviva PLC | 33,354 | 188,006 | ||||||
Baloise Holding AG | 420 | 71,422 | ||||||
Chubb Ltd. | 2,012 | 317,836 | ||||||
Cincinnati Financial Corp. | 660 | 68,039 | ||||||
CNP Assurances(a) | 1,975 | 37,460 | ||||||
Dai-ichi Life Holdings, Inc. | 9,576 | 164,611 | ||||||
Direct Line Insurance Group PLC | 15,828 | 68,326 | ||||||
Everest Re Group Ltd. | 194 | 48,075 | ||||||
Gjensidige Forsikring ASA | 358 | 8,396 | ||||||
Globe Life, Inc. | 402 | 38,845 | ||||||
Hannover Rueck SE | 526 | 96,052 | ||||||
Hartford Financial Services Group, Inc. (The) | 1,565 | 104,526 | ||||||
Insurance Australia Group Ltd. | 26,603 | 94,769 | ||||||
Japan Post Holdings Co., Ltd.(a) | 13,970 | 124,504 | ||||||
Japan Post Insurance Co., Ltd. | 2,000 | 41,085 | ||||||
Legal & General Group PLC | 58,066 | 222,945 | ||||||
Lincoln National Corp. | 790 | 49,193 | ||||||
Loews Corp. | 1,040 | 53,331 | ||||||
Marsh & McLennan Cos., Inc. | 2,220 | 270,396 | ||||||
Medibank Pvt Ltd. | 24,440 | 52,094 | ||||||
MetLife, Inc. | 3,390 | 206,078 | ||||||
MS&AD Insurance Group Holdings, Inc. | 3,942 | 115,958 | ||||||
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen | 1,245 | 383,421 | ||||||
NN Group NV | 3,362 | 164,003 | ||||||
Phoenix Group Holdings PLC | 5,766 | 58,295 | ||||||
Poste Italiane SpA(b) | 6,014 | 76,375 | ||||||
Principal Financial Group, Inc. | 1,090 | 65,356 | ||||||
Progressive Corp. (The) | 2,565 | 245,240 | ||||||
Prudential Financial, Inc. | 1,755 | 159,880 | ||||||
Prudential PLC | 23,081 | 491,683 | ||||||
QBE Insurance Group Ltd. | 16,701 | 122,310 | ||||||
RSA Insurance Group PLC | 8,319 | 78,042 | ||||||
Sampo Oyj - Class A | 5,422 | 244,479 | ||||||
SCOR SE(a) | 1,825 | 62,165 |
6
Company | Shares | U.S. $ Value | ||||||
Sompo Holdings, Inc. | 3,853 | $ | 147,632 | |||||
Suncorp Group Ltd. | 14,515 | 109,358 | ||||||
Swiss Life Holding AG | 268 | 131,705 | ||||||
Swiss Re AG | 2,787 | 274,082 | ||||||
T&D Holdings, Inc. | 5,646 | 72,651 | ||||||
Tokio Marine Holdings, Inc. | 6,224 | 296,207 | ||||||
Travelers Cos., Inc. (The) | 1,090 | 163,936 | ||||||
Tryg A/S | 3,013 | 71,013 | ||||||
Unum Group | 890 | 24,769 | ||||||
Willis Towers Watson PLC | 587 | 134,353 | ||||||
WR Berkley Corp. | 584 | 44,004 | ||||||
Zurich Insurance Group AG | 1,335 | 568,244 | ||||||
|
| |||||||
10,164,459 | ||||||||
|
| |||||||
42,132,882 | ||||||||
|
| |||||||
Consumer Discretionary – 6.9% |
| |||||||
Auto Components – 0.3% |
| |||||||
Aisin Seiki Co., Ltd. | 1,440 | 54,844 | ||||||
Aptiv PLC(a) | 1,191 | 164,239 | ||||||
BorgWarner, Inc. | 1,070 | 49,605 | ||||||
Bridgestone Corp. | 4,742 | 192,786 | ||||||
Cie Generale des Etablissements Michelin SCA - Class B | 1,534 | 229,747 | ||||||
Continental AG | 947 | 125,359 | ||||||
Denso Corp. | 3,849 | 256,590 | ||||||
Faurecia SE(a) | 1,272 | 67,685 | ||||||
Koito Manufacturing Co., Ltd. | 1,097 | 73,809 | ||||||
Sumitomo Electric Industries Ltd. | 8,682 | 130,549 | ||||||
Toyoda Gosei Co., Ltd. | 748 | 19,719 | ||||||
Toyota Industries Corp. | 1,698 | 151,732 | ||||||
Valeo SA | 2,160 | 73,283 | ||||||
|
| |||||||
1,589,947 | ||||||||
|
| |||||||
Automobiles – 1.4% |
| |||||||
Bayerische Motoren Werke AG | 2,932 | 304,273 | ||||||
Daimler AG | 7,592 | 677,584 | ||||||
Ferrari NV | 1,451 | 303,525 | ||||||
Ford Motor Co.(a) | 17,370 | 212,783 | ||||||
General Motors Co.(a) | 5,586 | 320,972 | ||||||
Honda Motor Co., Ltd. | 14,461 | 435,934 | ||||||
Isuzu Motors Ltd. | 4,900 | 52,625 | ||||||
Mazda Motor Corp.(a) | 5,040 | 41,295 | ||||||
Nissan Motor Co., Ltd.(a) | 26,300 | 146,929 | ||||||
Porsche Automobil Holding SE (Preference Shares) | 1,360 | 144,297 | ||||||
Renault SA(a) | 1,800 | 77,835 | ||||||
Stellantis NV | 18,179 | 321,518 | ||||||
Subaru Corp. | 7,083 | 141,565 | ||||||
Suzuki Motor Corp. | 3,258 | 148,400 | ||||||
Tesla, Inc.(a) | 3,400 | 2,270,962 | ||||||
Toyota Motor Corp. | 18,815 | 1,464,183 | ||||||
Volkswagen AG | 294 | 106,659 | ||||||
Volkswagen AG (Preference Shares) | 1,637 | 458,230 | ||||||
Yamaha Motor Co., Ltd. | 2,759 | 67,900 | ||||||
|
| |||||||
7,697,469 | ||||||||
|
|
7
Company | Shares | U.S. $ Value | ||||||
Distributors – 0.0% |
| |||||||
Genuine Parts Co. | 610 | $ | 70,510 | |||||
LKQ Corp.(a) | 1,214 | 51,389 | ||||||
Pool Corp. | 181 | 62,488 | ||||||
|
| |||||||
184,387 | ||||||||
|
| |||||||
Hotels, Restaurants & Leisure – 0.9% |
| |||||||
Accor SA(a) | 1,740 | 65,556 | ||||||
Aristocrat Leisure Ltd. | 4,995 | 131,047 | ||||||
Caesars Entertainment, Inc.(a) | 928 | 81,154 | ||||||
Carnival Corp.(a) | 3,305 | 87,715 | ||||||
Chipotle Mexican Grill, Inc. - Class A(a) | 154 | 218,806 | ||||||
Compass Group PLC(a) | 16,758 | 338,574 | ||||||
Darden Restaurants, Inc. | 570 | 80,940 | ||||||
Domino’s Pizza, Inc.(c) | 173 | 63,628 | ||||||
Entain PLC(a) | 4,835 | 101,113 | ||||||
Evolution Gaming Group AB(b) | 1,464 | 215,596 | ||||||
Flutter Entertainment PLC(a) | 1,614 | 346,217 | ||||||
Galaxy Entertainment Group Ltd.(a) | 24,949 | 225,547 | ||||||
Genting Singapore Ltd. | 69,609 | 47,692 | ||||||
Hilton Worldwide Holdings, Inc.(a) | 1,216 | 147,039 | ||||||
InterContinental Hotels Group PLC(a) | 1,821 | 125,229 | ||||||
La Francaise des Jeux SAEM(b) | 989 | 44,942 | ||||||
Las Vegas Sands Corp.(a) | 1,447 | 87,920 | ||||||
Marriott International, Inc./MD - Class A(a) | 1,171 | 173,437 | ||||||
McDonald’s Corp. | 3,300 | 739,662 | ||||||
Melco Resorts & Entertainment Ltd. (ADR)(a) | 2,114 | 42,090 | ||||||
MGM Resorts International | 1,790 | 68,002 | ||||||
Norwegian Cruise Line Holdings Ltd.(a) (c) | 1,381 | 38,102 | ||||||
Oriental Land Co., Ltd./Japan | 1,783 | 268,308 | ||||||
Penn National Gaming, Inc.(a) (c) | 662 | 69,404 | ||||||
Royal Caribbean Cruises Ltd.(a) | 827 | 70,799 | ||||||
Sands China Ltd.(a) | 27,932 | 139,998 | ||||||
Sodexo SA(a) | 821 | 78,658 | ||||||
Starbucks Corp. | 5,191 | 567,221 | ||||||
Tabcorp Holdings Ltd. | 19,680 | 70,312 | ||||||
Whitbread PLC(a) | 2,096 | 98,942 | ||||||
Wynn Resorts Ltd.(a) | 410 | 51,402 | ||||||
Yum! Brands, Inc. | 1,315 | 142,257 | ||||||
|
| |||||||
5,027,309 | ||||||||
|
| |||||||
Household Durables – 0.5% |
| |||||||
Barratt Developments PLC(a) | 7,050 | 72,516 | ||||||
Berkeley Group Holdings PLC | 749 | 45,855 | ||||||
DR Horton, Inc. | 1,435 | 127,887 | ||||||
Electrolux AB - Class B | 2,430 | 67,557 | ||||||
Garmin Ltd. | 620 | 81,747 | ||||||
Leggett & Platt, Inc. | 575 | 26,249 | ||||||
Lennar Corp. - Class A | 1,200 | 121,476 | ||||||
Mohawk Industries, Inc.(a) | 250 | 48,078 | ||||||
Newell Brands, Inc. | 1,675 | 44,857 | ||||||
NVR, Inc.(a) | 20 | 94,219 | ||||||
Panasonic Corp. | 19,596 | 253,757 |
8
Company | Shares | U.S. $ Value | ||||||
Persimmon PLC | 2,307 | $ | 93,446 | |||||
PulteGroup, Inc. | 1,165 | 61,093 | ||||||
Rinnai Corp. | 416 | 46,659 | ||||||
Sekisui Chemical Co., Ltd. | 4,000 | 77,021 | ||||||
Sekisui House Ltd. | 5,475 | 117,768 | ||||||
Sony Corp. | 11,184 | 1,183,641 | ||||||
Taylor Wimpey PLC(a) | 37,797 | 93,975 | ||||||
Whirlpool Corp. | 300 | 66,105 | ||||||
|
| |||||||
2,723,906 | ||||||||
|
| |||||||
Internet & Direct Marketing Retail – 1.5% | ||||||||
Amazon.com, Inc.(a) | 1,923 | 5,949,916 | ||||||
Booking Holdings, Inc.(a) | 207 | 482,277 | ||||||
Delivery Hero SE(a) (b) | 1,134 | 146,986 | ||||||
eBay, Inc. | 2,915 | 178,514 | ||||||
Etsy, Inc.(a) | 539 | 108,700 | ||||||
Expedia Group, Inc.(a) | 582 | 100,174 | ||||||
HelloFresh SE(a) | 1,456 | 108,483 | ||||||
Just Eat Takeaway.com NV(a) (b) | 1,120 | 103,058 | ||||||
Ocado Group PLC(a) | 3,601 | 100,962 | ||||||
Prosus NV(a) | 4,334 | 482,282 | ||||||
Rakuten, Inc. | 9,908 | 118,369 | ||||||
Zalando SE(a) (b) | 1,307 | 128,070 | ||||||
|
| |||||||
8,007,791 | ||||||||
|
| |||||||
Leisure Products – 0.1% |
| |||||||
Bandai Namco Holdings, Inc. | 1,780 | 127,248 | ||||||
Hasbro, Inc. | 550 | 52,866 | ||||||
Shimano, Inc. | 654 | 156,201 | ||||||
Yamaha Corp. | 1,600 | 87,189 | ||||||
|
| |||||||
423,504 | ||||||||
|
| |||||||
Multiline Retail – 0.3% |
| |||||||
Dollar General Corp. | 1,110 | 224,908 | ||||||
Dollar Tree, Inc.(a) | 1,038 | 118,810 | ||||||
Next PLC(a) | 1,227 | 132,985 | ||||||
Pan Pacific International Holdings Corp. | 4,742 | 111,932 | ||||||
Ryohin Keikaku Co., Ltd. | 2,120 | 50,321 | ||||||
Target Corp. | 2,215 | 438,725 | ||||||
Wesfarmers Ltd. | 10,052 | 403,674 | ||||||
|
| |||||||
1,481,355 | ||||||||
|
| |||||||
Specialty Retail – 0.9% |
| |||||||
Advance Auto Parts, Inc. | 281 | 51,561 | ||||||
AutoZone, Inc.(a) | 105 | 147,451 | ||||||
Best Buy Co., Inc. | 1,000 | 114,810 | ||||||
CarMax, Inc.(a) | 720 | 95,515 | ||||||
Fast Retailing Co., Ltd. | 515 | 411,679 | ||||||
Gap, Inc. (The)(a) | 905 | 26,951 | ||||||
H & M Hennes & Mauritz AB - Class B(a) | 9,038 | 203,685 | ||||||
Hikari Tsushin, Inc. | 180 | 36,291 | ||||||
Home Depot, Inc. (The) | 4,820 | 1,471,305 | ||||||
Industria de Diseno Textil SA | 10,739 | 354,816 | ||||||
JD Sports Fashion PLC(a) | 5,019 | 57,055 |
9
Company | Shares | U.S. $ Value | ||||||
Kingfisher PLC(a) | 18,366 | $ | 80,499 | |||||
L Brands, Inc.(a) | 1,025 | 63,407 | ||||||
Lowe’s Cos., Inc. | 3,260 | 619,987 | ||||||
Nitori Holdings Co., Ltd. | 703 | 136,174 | ||||||
O’Reilly Automotive, Inc.(a) | 340 | 172,465 | ||||||
Ross Stores, Inc. | 1,550 | 185,860 | ||||||
TJX Cos., Inc. (The) | 5,340 | 353,241 | ||||||
Tractor Supply Co. | 515 | 91,196 | ||||||
Ulta Beauty, Inc.(a) | 252 | 77,911 | ||||||
USS Co., Ltd. | 1,940 | 38,050 | ||||||
Yamada Holdings Co., Ltd. | 6,440 | 34,803 | ||||||
|
| |||||||
4,824,712 | ||||||||
|
| |||||||
Textiles, Apparel & Luxury Goods – 1.0% |
| |||||||
adidas AG(a) | 1,692 | 528,565 | ||||||
Burberry Group PLC(a) | 3,292 | 86,118 | ||||||
Cie Financiere Richemont SA | 4,629 | 444,492 | ||||||
EssilorLuxottica SA | 2,554 | 416,064 | ||||||
Hanesbrands, Inc. | 1,547 | 30,429 | ||||||
Hermes International | 285 | 315,209 | ||||||
Kering SA | 673 | 464,409 | ||||||
LVMH Moet Hennessy Louis Vuitton SE | 2,469 | 1,649,171 | ||||||
Moncler SpA(a) | 1,716 | 98,273 | ||||||
NIKE, Inc. - Class B | 5,600 | 744,184 | ||||||
Pandora A/S(a) | 1,211 | 129,516 | ||||||
Puma SE(a) | 860 | 84,316 | ||||||
PVH Corp.(a) | 295 | 31,182 | ||||||
Ralph Lauren Corp.(a) | 190 | 23,400 | ||||||
Swatch Group AG (The) | 250 | 71,985 | ||||||
Tapestry, Inc.(a) | 1,230 | 50,688 | ||||||
Under Armour, Inc. - Class A(a) | 827 | 18,326 | ||||||
Under Armour, Inc. - Class C(a) | 854 | 15,765 | ||||||
VF Corp. | 1,400 | 111,888 | ||||||
|
| |||||||
5,313,980 | ||||||||
|
| |||||||
37,274,360 | ||||||||
|
| |||||||
Health Care – 6.8% |
| |||||||
Biotechnology – 0.7% |
| |||||||
AbbVie, Inc. | 7,816 | 845,848 | ||||||
Alexion Pharmaceuticals, Inc.(a) | 980 | 149,852 | ||||||
Amgen, Inc. | 2,578 | 641,432 | ||||||
Argenx SE(a) | 405 | 111,327 | ||||||
Biogen, Inc.(a) | 665 | 186,034 | ||||||
CSL Ltd. | 4,037 | 815,893 | ||||||
Genmab A/S(a) | 763 | 250,946 | ||||||
Gilead Sciences, Inc. | 5,575 | 360,312 | ||||||
Grifols SA | 2,899 | 75,872 | ||||||
Incyte Corp.(a) | 790 | 64,203 | ||||||
PeptiDream, Inc.(a) | 840 | 38,479 | ||||||
Regeneron Pharmaceuticals, Inc.(a) | 502 | 237,516 | ||||||
Vertex Pharmaceuticals, Inc.(a) | 1,167 | 250,777 | ||||||
|
| |||||||
4,028,491 | ||||||||
|
|
10
Company | Shares | U.S. $ Value | ||||||
Health Care Equipment & Supplies – 1.6% |
| |||||||
Abbott Laboratories | 7,876 | $ | 943,860 | |||||
ABIOMED, Inc.(a) | 208 | 66,296 | ||||||
Alcon, Inc.(a) | 4,360 | 305,965 | ||||||
Align Technology, Inc.(a) | 340 | 184,120 | ||||||
Asahi Intecc Co., Ltd. | 1,740 | 48,029 | ||||||
Baxter International, Inc. | 2,240 | 188,922 | ||||||
Becton Dickinson and Co. | 1,288 | 313,177 | ||||||
BioMerieux | 477 | 60,683 | ||||||
Boston Scientific Corp.(a) | 6,360 | 245,814 | ||||||
Carl Zeiss Meditec AG | 360 | 54,264 | ||||||
Cochlear Ltd. | 738 | 118,711 | ||||||
Coloplast A/S - Class B | 1,368 | 205,675 | ||||||
Cooper Cos., Inc. (The) | 211 | 81,043 | ||||||
Danaher Corp. | 2,840 | 639,227 | ||||||
Demant A/S(a) | 1,271 | 53,802 | ||||||
DENTSPLY SIRONA, Inc. | 946 | 60,364 | ||||||
DexCom, Inc.(a) | 459 | 164,960 | ||||||
DiaSorin SpA | 290 | 46,529 | ||||||
Edwards Lifesciences Corp.(a) | 2,770 | 231,683 | ||||||
Fisher & Paykel Healthcare Corp., Ltd. | 6,614 | 148,501 | ||||||
Hologic, Inc.(a) | 1,120 | 83,306 | ||||||
Hoya Corp. | 3,330 | 391,930 | ||||||
IDEXX Laboratories, Inc.(a) | 383 | 187,406 | ||||||
Intuitive Surgical, Inc.(a) | 555 | 410,112 | ||||||
Koninklijke Philips NV(a) | 9,250 | 527,484 | ||||||
Medtronic PLC | 5,979 | 706,299 | ||||||
Olympus Corp. | 10,335 | 214,388 | ||||||
ResMed, Inc. | 666 | 129,217 | ||||||
Sartorius AG (Preference Shares) | 310 | 154,553 | ||||||
Siemens Healthineers AG(b) | 2,811 | 152,361 | ||||||
Smith & Nephew PLC | 8,855 | 168,112 | ||||||
Sonova Holding AG(a) | 635 | 168,323 | ||||||
STERIS PLC | 391 | 74,478 | ||||||
Straumann Holding AG | 108 | 134,840 | ||||||
Stryker Corp. | 1,465 | 356,845 | ||||||
Sysmex Corp. | 1,487 | 160,512 | ||||||
Teleflex, Inc. | 211 | 87,662 | ||||||
Terumo Corp. | 5,732 | 207,431 | ||||||
Varian Medical Systems, Inc.(a) | 395 | 69,729 | ||||||
West Pharmaceutical Services, Inc. | 331 | 93,269 | ||||||
Zimmer Biomet Holdings, Inc. | 925 | 148,074 | ||||||
|
| |||||||
8,787,956 | ||||||||
|
| |||||||
Health Care Providers & Services – 0.8% |
| |||||||
AmerisourceBergen Corp. - Class A | 635 | 74,974 | ||||||
Anthem, Inc. | 1,110 | 398,435 | ||||||
Cardinal Health, Inc. | 1,265 | 76,849 | ||||||
Centene Corp.(a) | 2,536 | 162,076 | ||||||
Cigna Corp. | 1,611 | 389,443 | ||||||
CVS Health Corp. | 5,789 | 435,506 | ||||||
DaVita, Inc.(a) | 300 | 32,331 | ||||||
Fresenius Medical Care AG & Co. KGaA | 1,873 | 137,968 | ||||||
Fresenius SE & Co. KGaA | 3,712 | 165,408 | ||||||
HCA Healthcare, Inc. | 1,170 | 220,358 | ||||||
Henry Schein, Inc.(a) | 590 | 40,852 |
11
Company | Shares | U.S. $ Value | ||||||
Humana, Inc. | 585 | $ | 245,261 | |||||
Laboratory Corp. of America Holdings(a) | 425 | 108,388 | ||||||
McKesson Corp. | 715 | 139,454 | ||||||
Orpea SA(a) | 500 | 57,899 | ||||||
Quest Diagnostics, Inc. | 600 | 77,004 | ||||||
Ramsay Health Care Ltd. | 2,058 | 105,114 | ||||||
Sonic Healthcare Ltd. | 3,588 | 95,948 | ||||||
UnitedHealth Group, Inc. | 4,255 | 1,583,158 | ||||||
Universal Health Services, Inc. - Class B | 350 | 46,687 | ||||||
|
| |||||||
4,593,113 | ||||||||
|
| |||||||
Health Care Technology – 0.1% |
| |||||||
Cerner Corp. | 1,330 | 95,600 | ||||||
M3, Inc. | 4,320 | 296,560 | ||||||
|
| |||||||
392,160 | ||||||||
|
| |||||||
Life Sciences Tools & Services – 0.5% |
| |||||||
Agilent Technologies, Inc. | 1,345 | 171,003 | ||||||
Bio-Rad Laboratories, Inc. - Class A(a) | 96 | 54,832 | ||||||
Eurofins Scientific SE(a) | 1,520 | 145,282 | ||||||
Illumina, Inc.(a) | 681 | 261,545 | ||||||
IQVIA Holdings, Inc.(a) | 846 | 163,396 | ||||||
Lonza Group AG | 681 | 380,883 | ||||||
Mettler-Toledo International, Inc.(a) | 120 | 138,683 | ||||||
PerkinElmer, Inc. | 505 | 64,787 | ||||||
QIAGEN NV(a) | 2,703 | 130,823 | ||||||
Sartorius Stedim Biotech | 319 | 131,284 | ||||||
Thermo Fisher Scientific, Inc. | 1,785 | 814,638 | ||||||
Waters Corp.(a) | 295 | 83,830 | ||||||
|
| |||||||
2,540,986 | ||||||||
|
| |||||||
Pharmaceuticals – 3.1% |
| |||||||
Astellas Pharma, Inc. | 16,511 | 254,340 | ||||||
AstraZeneca PLC | 11,648 | 1,162,569 | ||||||
Bayer AG | 8,989 | 569,659 | ||||||
Bristol-Myers Squibb Co. | 10,015 | 632,247 | ||||||
Catalent, Inc.(a) | 691 | 72,769 | ||||||
Chugai Pharmaceutical Co., Ltd. | 6,693 | 271,962 | ||||||
Daiichi Sankyo Co., Ltd. | 15,105 | 440,700 | ||||||
Eisai Co., Ltd. | 2,233 | 150,089 | ||||||
Eli Lilly & Co. | 3,523 | 658,167 | ||||||
GlaxoSmithKline PLC | 44,510 | 787,952 | ||||||
H Lundbeck A/S | 802 | 27,385 | ||||||
Hikma Pharmaceuticals PLC | 1,674 | 52,513 | ||||||
Johnson & Johnson | 11,695 | 1,922,073 | ||||||
Kyowa Kirin Co., Ltd. | 3,108 | 93,077 | ||||||
Merck & Co., Inc. | 11,235 | 866,106 | ||||||
Merck KGaA | 1,160 | 198,423 | ||||||
Novartis AG | 19,694 | 1,683,456 | ||||||
Novo Nordisk A/S - Class B | 15,285 | 1,029,959 | ||||||
Ono Pharmaceutical Co., Ltd. | 4,257 | 111,330 | ||||||
Orion Oyj - Class B | 1,211 | 48,521 | ||||||
Otsuka Holdings Co., Ltd. | 3,455 | 146,523 | ||||||
Perrigo Co. PLC | 572 | 23,149 | ||||||
Pfizer, Inc. | 24,754 | 896,837 | ||||||
Recordati Industria Chimica e Farmaceutica SpA | 1,204 | 64,750 | ||||||
Roche Holding AG | 6,557 | 2,129,964 |
12
Company | Shares | U.S. $ Value | ||||||
Sanofi | 10,098 | $ | 998,532 | |||||
Santen Pharmaceutical Co., Ltd. | 3,200 | 44,132 | ||||||
Shionogi & Co., Ltd. | 2,340 | 126,325 | ||||||
Takeda Pharmaceutical Co., Ltd. | 13,976 | 509,455 | ||||||
Teva Pharmaceutical Industries Ltd. (Sponsored ADR)(a) | 10,795 | 124,574 | ||||||
UCB SA | 1,307 | 124,249 | ||||||
Viatris, Inc.(a) | 5,326 | 74,404 | ||||||
Vifor Pharma AG | 400 | 54,437 | ||||||
Zoetis, Inc. | 2,126 | 334,803 | ||||||
|
| |||||||
16,685,431 | ||||||||
|
| |||||||
37,028,137 | ||||||||
|
| |||||||
Industrials – 6.5% |
| |||||||
Aerospace & Defense – 0.7% |
| |||||||
Airbus SE(a) | 5,262 | 596,802 | ||||||
BAE Systems PLC | 25,676 | 178,809 | ||||||
Boeing Co. (The)(a) | 2,380 | 606,234 | ||||||
Elbit Systems Ltd. | 166 | 23,525 | ||||||
General Dynamics Corp. | 1,050 | 190,638 | ||||||
Howmet Aerospace, Inc.(a) | 1,716 | 55,135 | ||||||
Huntington Ingalls Industries, Inc. | 179 | 36,847 | ||||||
L3Harris Technologies, Inc. | 957 | 193,965 | ||||||
Lockheed Martin Corp. | 1,110 | 410,145 | ||||||
MTU Aero Engines AG | 612 | 144,167 | ||||||
Northrop Grumman Corp. | 720 | 233,021 | ||||||
Raytheon Technologies Corp. | 6,720 | 519,254 | ||||||
Rolls-Royce Holdings PLC(a) | 70,648 | 102,595 | ||||||
Safran SA(a) | 2,869 | 390,263 | ||||||
Singapore Technologies Engineering Ltd. | 339 | 982 | ||||||
Teledyne Technologies, Inc.(a) | 165 | 68,252 | ||||||
Textron, Inc. | 1,005 | 56,360 | ||||||
Thales SA | 980 | 97,264 | ||||||
TransDigm Group, Inc.(a) | 263 | 154,623 | ||||||
|
| |||||||
4,058,881 | ||||||||
|
| |||||||
Air Freight & Logistics – 0.4% |
| |||||||
CH Robinson Worldwide, Inc. | 565 | 53,918 | ||||||
Deutsche Post AG | 8,787 | 482,063 | ||||||
DSV PANALPINA A/S | 2,435 | 477,610 | ||||||
Expeditors International of Washington, Inc. | 720 | 77,537 | ||||||
FedEx Corp. | 1,065 | 302,503 | ||||||
Kuehne & Nagel International AG | 622 | 177,659 | ||||||
SG Holdings Co., Ltd. | 3,686 | 84,628 | ||||||
United Parcel Service, Inc. - Class B | 3,165 | 538,018 | ||||||
Yamato Holdings Co., Ltd. | 3,400 | 93,368 | ||||||
|
| |||||||
2,287,304 | ||||||||
|
| |||||||
Airlines – 0.1% |
| |||||||
Alaska Air Group, Inc.(a) | 543 | 37,581 | ||||||
American Airlines Group, Inc.(a) | 2,682 | 64,100 | ||||||
Delta Air Lines, Inc.(a) | 2,792 | 134,798 | ||||||
Singapore Airlines Ltd.(a) | 14,000 | 57,815 | ||||||
Southwest Airlines Co.(a) | 2,605 | 159,061 |
13
Company | Shares | U.S. $ Value | ||||||
United Airlines Holdings, Inc.(a) | 1,272 | $ | 73,191 | |||||
|
| |||||||
526,546 | ||||||||
|
| |||||||
Building Products – 0.4% |
| |||||||
AGC, Inc. | 2,225 | 93,394 | ||||||
Allegion PLC | 385 | 48,364 | ||||||
AO Smith Corp. | 555 | 37,524 | ||||||
Assa Abloy AB - Class B | 11,538 | 332,068 | ||||||
Carrier Global Corp. | 4,125 | 174,157 | ||||||
Cie de Saint-Gobain(a) | 4,577 | 270,279 | ||||||
Daikin Industries Ltd. | 2,215 | 447,781 | ||||||
Fortune Brands Home & Security, Inc. | 571 | 54,713 | ||||||
Geberit AG | 327 | 208,118 | ||||||
Johnson Controls International PLC | 3,192 | 190,467 | ||||||
Lixil Corp. | 2,795 | 77,783 | ||||||
Masco Corp. | 1,135 | 67,987 | ||||||
Otis Worldwide Corp. | 1,812 | 124,031 | ||||||
TOTO Ltd. | 1,651 | 101,612 | ||||||
|
| |||||||
2,228,278 | ||||||||
|
| |||||||
Commercial Services & Supplies – 0.2% |
| |||||||
Brambles Ltd. | 12,264 | 98,930 | ||||||
Cintas Corp. | 385 | 131,404 | ||||||
Copart, Inc.(a) | 891 | 96,771 | ||||||
Dai Nippon Printing Co., Ltd. | 2,799 | 58,711 | ||||||
Rentokil Initial PLC(a) | 16,232 | 108,371 | ||||||
Republic Services, Inc. - Class A | 900 | 89,415 | ||||||
Rollins, Inc. | 981 | 33,766 | ||||||
Secom Co., Ltd. | 1,857 | 156,548 | ||||||
Securitas AB - Class B | 3,604 | 61,296 | ||||||
Toppan Printing Co., Ltd. | 2,320 | 39,332 | ||||||
Waste Management, Inc. | 1,715 | 221,269 | ||||||
|
| |||||||
1,095,813 | ||||||||
|
| |||||||
Construction & Engineering – 0.3% |
| |||||||
Bouygues SA | 2,120 | 84,916 | ||||||
Eiffage SA(a) | 780 | 77,991 | ||||||
Epiroc AB - Class A | 5,840 | 132,300 | ||||||
Epiroc AB - Class B | 4,489 | 93,513 | ||||||
Ferrovial SA | 4,499 | 117,563 | ||||||
Kajima Corp. | 5,172 | 73,563 | ||||||
Obayashi Corp. | 5,760 | 52,871 | ||||||
Quanta Services, Inc. | 615 | 54,108 | ||||||
Shimizu Corp. | 4,900 | 39,676 | ||||||
Skanska AB - Class B | 3,916 | 98,212 | ||||||
Taisei Corp. | 2,197 | 84,763 | ||||||
Vinci SA | 4,671 | 478,412 | ||||||
|
| |||||||
1,387,888 | ||||||||
|
| |||||||
Electrical Equipment – 0.7% |
| |||||||
ABB Ltd. | 16,348 | 497,330 | ||||||
AMETEK, Inc. | 999 | 127,602 | ||||||
Eaton Corp. PLC | 1,764 | 243,926 | ||||||
Emerson Electric Co. | 2,640 | 238,181 | ||||||
Fuji Electric Co., Ltd. | 1,120 | 46,862 | ||||||
Generac Holdings, Inc.(a) | 280 | 91,686 | ||||||
Legrand SA | 2,405 | 223,444 |
14
Company | Shares | U.S. $ Value | ||||||
Mitsubishi Electric Corp. | 16,200 | $ | 247,585 | |||||
Nidec Corp. | 3,966 | 483,566 | ||||||
Rockwell Automation, Inc. | 530 | 140,683 | ||||||
Schneider Electric SE | 4,807 | 732,275 | ||||||
Siemens Energy AG(a) | 3,978 | 142,796 | ||||||
Vestas Wind Systems A/S | 2,290 | 472,396 | ||||||
|
| |||||||
3,688,332 | ||||||||
|
| |||||||
Industrial Conglomerates – 0.7% |
| |||||||
3M Co. | 2,575 | 496,151 | ||||||
CK Hutchison Holdings Ltd. | 31,073 | 248,252 | ||||||
DCC PLC | 633 | 54,906 | ||||||
General Electric Co. | 39,079 | 513,107 | ||||||
Honeywell International, Inc. | 3,145 | 682,685 | ||||||
Investment AB Latour - Class B | 1,704 | 44,154 | ||||||
Jardine Matheson Holdings Ltd. | 2,530 | 165,758 | ||||||
Jardine Strategic Holdings Ltd. | 2,551 | 84,288 | ||||||
Keihan Holdings Co., Ltd. | 860 | 35,802 | ||||||
Keppel Corp., Ltd. | 16,745 | 66,341 | ||||||
Melrose Industries PLC(a) | 33,483 | 76,994 | ||||||
Roper Technologies, Inc. | 495 | 199,653 | ||||||
Siemens AG | 6,797 | 1,116,825 | ||||||
Smiths Group PLC | 2,400 | 50,843 | ||||||
Toshiba Corp. | 4,452 | 150,688 | ||||||
|
| |||||||
3,986,447 | ||||||||
|
| |||||||
Machinery – 1.4% |
| |||||||
Alstom SA(a) | 2,630 | 131,045 | ||||||
Atlas Copco AB - Class A | 5,950 | 362,755 | ||||||
Atlas Copco AB - Class B | 3,460 | 180,326 | ||||||
Caterpillar, Inc. | 2,405 | 557,647 | ||||||
CNH Industrial NV(a) | 11,779 | 182,341 | ||||||
Cummins, Inc. | 650 | 168,421 | ||||||
Daifuku Co., Ltd. | 1,166 | 114,582 | ||||||
Deere & Co. | 1,405 | 525,667 | ||||||
Dover Corp. | 635 | 87,078 | ||||||
FANUC Corp. | 1,710 | 411,096 | ||||||
Fortive Corp. | 1,470 | 103,841 | ||||||
GEA Group AG | 1,352 | 55,453 | ||||||
Hino Motors Ltd. | 3,307 | 28,443 | ||||||
Hoshizaki Corp. | 440 | 39,345 | ||||||
IDEX Corp. | 322 | 67,401 | ||||||
Illinois Tool Works, Inc. | 1,265 | 280,223 | ||||||
Ingersoll Rand, Inc.(a) | 1,619 | 79,671 | ||||||
KION Group AG | 831 | 82,107 | ||||||
Knorr-Bremse AG | 640 | 79,867 | ||||||
Komatsu Ltd. | 7,776 | 240,973 | ||||||
Kone Oyj - Class B | 3,971 | 324,574 | ||||||
Kubota Corp. | 9,112 | 207,863 | ||||||
Kurita Water Industries Ltd. | 1,200 | 51,558 | ||||||
Makita Corp. | 2,579 | 110,773 | ||||||
MINEBEA MITSUMI, Inc. | 4,131 | 106,028 | ||||||
MISUMI Group, Inc. | 3,268 | 95,195 | ||||||
Mitsubishi Heavy Industries Ltd. | 3,689 | 114,867 | ||||||
Miura Co., Ltd. | 780 | 42,204 | ||||||
Nabtesco Corp. | 1,000 | 45,758 | ||||||
NGK Insulators Ltd. | 2,280 | 41,844 | ||||||
PACCAR, Inc. | 1,510 | 140,309 |
15
Company | Shares | U.S. $ Value | ||||||
Parker-Hannifin Corp. | 595 | $ | 187,681 | |||||
Pentair PLC | 730 | 45,494 | ||||||
Sandvik AB(a) | 12,995 | 355,568 | ||||||
Schindler Holding AG | 365 | 107,240 | ||||||
Schindler Holding AG (REG) | 232 | 66,567 | ||||||
SMC Corp. | 500 | 291,190 | ||||||
Snap-on, Inc. | 220 | 50,763 | ||||||
Spirax-Sarco Engineering PLC | 774 | 121,609 | ||||||
Stanley Black & Decker, Inc. | 715 | 142,764 | ||||||
Techtronic Industries Co., Ltd. | 15,799 | 270,855 | ||||||
THK Co., Ltd. | 1,060 | 36,777 | ||||||
Trane Technologies PLC | 1,075 | 177,977 | ||||||
Volvo AB - Class B | 12,635 | 319,982 | ||||||
Wartsila Oyj Abp | 5,108 | 53,546 | ||||||
Westinghouse Air Brake Technologies Corp. | 765 | 60,557 | ||||||
Xylem, Inc./NY | 785 | 82,566 | ||||||
|
| |||||||
7,430,391 | ||||||||
|
| |||||||
Marine – 0.0% |
| |||||||
AP Moller - Maersk A/S - Class A | 1 | 2,176 | ||||||
AP Moller - Maersk A/S - Class B | 37 | 85,896 | ||||||
Nippon Yusen KK | 1,761 | 60,227 | ||||||
|
| |||||||
148,299 | ||||||||
|
| |||||||
Professional Services – 0.5% |
| |||||||
Adecco Group AG | 1,380 | 93,084 | ||||||
Bureau Veritas SA(a) | 2,760 | 78,540 | ||||||
Equifax, Inc. | 555 | 100,527 | ||||||
Experian PLC | 8,147 | 280,672 | ||||||
Intertek Group PLC | 1,627 | 125,630 | ||||||
Jacobs Engineering Group, Inc. | 565 | 73,037 | ||||||
Leidos Holdings, Inc. | 595 | 57,287 | ||||||
Nielsen Holdings PLC | 1,566 | 39,385 | ||||||
Nihon M&A Center, Inc. | 3,442 | 93,359 | ||||||
Recruit Holdings Co., Ltd. | 12,042 | 591,337 | ||||||
RELX PLC (London) | 17,069 | 428,104 | ||||||
Robert Half International, Inc. | 485 | 37,864 | ||||||
SGS SA | 50 | 142,070 | ||||||
Teleperformance | 536 | 195,423 | ||||||
Verisk Analytics, Inc. - Class A | 700 | 123,683 | ||||||
Wolters Kluwer NV | 3,143 | 272,985 | ||||||
|
| |||||||
2,732,987 | ||||||||
|
| |||||||
Road & Rail – 0.5% |
| |||||||
Aurizon Holdings Ltd. | 22,082 | 65,621 | ||||||
Central Japan Railway Co. | 1,280 | 191,642 | ||||||
CSX Corp. | 3,380 | 325,900 | ||||||
East Japan Railway Co. | 2,681 | 190,639 | ||||||
Hankyu Hanshin Holdings, Inc. | 2,635 | 84,544 | ||||||
JB Hunt Transport Services, Inc. | 353 | 59,329 | ||||||
Kansas City Southern | 420 | 110,846 | ||||||
Keio Corp. | 1,200 | 80,793 | ||||||
Keisei Electric Railway Co., Ltd. | 1,140 | 37,325 | ||||||
Kintetsu Group Holdings Co., Ltd. | 1,975 | 75,415 | ||||||
MTR Corp., Ltd. | 5,081 | 28,898 | ||||||
Nagoya Railroad Co., Ltd. | 1,660 | 39,548 | ||||||
Nippon Express Co., Ltd. | 640 | 47,739 | ||||||
Norfolk Southern Corp. | 1,120 | 300,742 | ||||||
Odakyu Electric Railway Co., Ltd. | 3,393 | 92,839 |
16
Company | Shares | U.S. $ Value | ||||||
Old Dominion Freight Line, Inc. | 403 | $ | 96,885 | |||||
Tobu Railway Co., Ltd. | 1,680 | 45,252 | ||||||
Tokyu Corp. | 5,754 | 76,736 | ||||||
Union Pacific Corp. | 2,990 | 659,026 | ||||||
West Japan Railway Co. | 1,872 | 103,870 | ||||||
|
| |||||||
2,713,589 | ||||||||
|
| |||||||
Trading Companies & Distributors – 0.5% |
| |||||||
Ashtead Group PLC | 4,106 | 245,110 | ||||||
Brenntag SE | 1,621 | 138,480 | ||||||
Bunzl PLC | 2,848 | 91,157 | ||||||
Fastenal Co. | 2,530 | 127,208 | ||||||
Ferguson PLC | 1,875 | 223,978 | ||||||
ITOCHU Corp. | 11,952 | 388,034 | ||||||
Marubeni Corp. | 14,645 | 122,316 | ||||||
Mitsubishi Corp. | 11,873 | 336,588 | ||||||
Mitsui & Co., Ltd. | 14,477 | 302,140 | ||||||
MonotaRO Co., Ltd. | 2,630 | 71,348 | ||||||
Sumitomo Corp. | 10,545 | 150,916 | ||||||
Toyota Tsusho Corp. | 2,502 | 105,361 | ||||||
United Rentals, Inc.(a) | 300 | 98,793 | ||||||
WW Grainger, Inc. | 230 | 92,214 | ||||||
|
| |||||||
2,493,643 | ||||||||
|
| |||||||
Transportation Infrastructure – 0.1% |
| |||||||
Aena SME SA(a) (b) | 547 | 88,744 | ||||||
Aeroports de Paris(a) | 342 | 40,800 | ||||||
Atlantia SpA(a) | 5,703 | 106,727 | ||||||
Auckland International Airport Ltd.(a) | 13,988 | 76,803 | ||||||
Getlink SE(a) | 5,064 | 77,629 | ||||||
Japan Airport Terminal Co., Ltd. | 584 | 28,803 | ||||||
Sydney Airport(a) | 11,740 | 55,474 | ||||||
Transurban Group | 24,283 | 246,866 | ||||||
|
| |||||||
721,846 | ||||||||
|
| |||||||
35,500,244 | ||||||||
|
| |||||||
Communication Services – 4.4% |
| |||||||
Diversified Telecommunication Services – 1.2% |
| |||||||
AT&T, Inc. | 31,727 | 960,376 | ||||||
BT Group PLC(a) | 72,054 | 153,714 | ||||||
Cellnex Telecom SA(b) | 3,059 | 176,346 | ||||||
Charter Communications, Inc. - Class A(a) | 643 | 396,744 | ||||||
Comcast Corp. - Class A | 20,302 | 1,098,541 | ||||||
Deutsche Telekom AG | 29,571 | 595,957 | ||||||
Eurazeo SE(a) | 453 | 34,462 | ||||||
HKT Trust & HKT Ltd. - Class SS | 43,580 | 62,204 | ||||||
Infrastrutture Wireless Italiane SpA(b) | 2,762 | 30,761 | ||||||
Koninklijke KPN NV | 41,123 | 139,491 | ||||||
Lumen Technologies, Inc. | 4,362 | 58,233 | ||||||
Nippon Telegraph & Telephone Corp. | 11,420 | 294,658 | ||||||
Orange SA | 18,045 | 222,061 | ||||||
Proximus SADP | 1,581 | 34,399 | ||||||
Singapore Telecommunications Ltd. | 71,734 | 130,345 | ||||||
Spark New Zealand Ltd. | 21,146 | 66,232 | ||||||
Swisscom AG | 299 | 160,418 |
17
Company | Shares | U.S. $ Value | ||||||
Telecom Italia SpA/Milano | 96,254 | $ | 52,072 | |||||
Telefonica SA | 50,606 | 227,518 | ||||||
Telenor ASA | 8,302 | 146,263 | ||||||
Telstra Corp., Ltd. | 47,917 | 124,074 | ||||||
Verizon Communications, Inc. | 18,405 | 1,070,251 | ||||||
|
| |||||||
6,235,120 | ||||||||
|
| |||||||
Entertainment – 0.8% |
| |||||||
Activision Blizzard, Inc. | 3,415 | 317,595 | ||||||
Bollore SA | 10,158 | 49,021 | ||||||
Capcom Co., Ltd. | 1,560 | 50,748 | ||||||
Electronic Arts, Inc. | 1,265 | 171,243 | ||||||
Konami Holdings Corp. | 1,074 | 64,117 | ||||||
Live Nation Entertainment, Inc.(a) (c) | 616 | 52,144 | ||||||
Netflix, Inc.(a) | 1,992 | 1,039,147 | ||||||
Nexon Co., Ltd. | 4,317 | 140,078 | ||||||
Nintendo Co., Ltd. | 984 | 554,617 | ||||||
Square Enix Holdings Co., Ltd. | 820 | 45,608 | ||||||
Take-Two Interactive Software, Inc.(a) | 535 | 94,535 | ||||||
Toho Co., Ltd./Tokyo | 832 | 33,803 | ||||||
Ubisoft Entertainment SA(a) | 881 | 66,961 | ||||||
Vivendi SE | 7,485 | 245,685 | ||||||
Walt Disney Co. (The)(a) | 8,059 | 1,487,047 | ||||||
|
| |||||||
4,412,349 | ||||||||
|
| |||||||
Interactive Media & Services – 1.7% |
| |||||||
Adevinta ASA - Class B(a) | 6,032 | 88,878 | ||||||
Alphabet, Inc. - Class A(a) | 1,359 | 2,802,965 | ||||||
Alphabet, Inc. - Class C(a) | 1,294 | 2,676,807 | ||||||
Auto Trader Group PLC(a) | 11,120 | 85,024 | ||||||
Facebook, Inc. - Class A(a) | 10,717 | 3,156,478 | ||||||
REA Group Ltd. | 471 | 50,968 | ||||||
Scout24 AG(b) | 961 | 72,905 | ||||||
SEEK Ltd.(a) | 3,727 | 81,237 | ||||||
Twitter, Inc.(a) | 3,536 | 224,996 | ||||||
Z Holdings Corp. | 30,532 | 152,299 | ||||||
|
| |||||||
9,392,557 | ||||||||
|
| |||||||
Media – 0.2% |
| |||||||
CyberAgent, Inc. | 4,244 | 76,606 | ||||||
Dentsu Group, Inc. | 2,490 | 80,154 | ||||||
Discovery, Inc. - Class A(a) (c) | 685 | 29,770 | ||||||
Discovery, Inc. - Class C(a) | 1,304 | 48,105 | ||||||
DISH Network Corp. - Class A(a) | 1,056 | 38,227 | ||||||
Fox Corp. - Class A | 1,500 | 54,165 | ||||||
Fox Corp. - Class B | 682 | 23,822 | ||||||
Informa PLC(a) | 14,664 | 113,223 | ||||||
Interpublic Group of Cos., Inc. (The) | 1,725 | 50,370 | ||||||
News Corp. - Class A | 1,728 | 43,943 | ||||||
News Corp. - Class B | 517 | 12,129 | ||||||
Omnicom Group, Inc. | 910 | 67,477 | ||||||
Pearson PLC | 7,171 | 76,464 | ||||||
Publicis Groupe SA | 2,491 | 151,907 | ||||||
SES SA | 3,959 | 31,407 | ||||||
ViacomCBS, Inc. - Class B | 2,488 | 112,209 |
18
Company | Shares | U.S. $ Value | ||||||
WPP PLC | 10,802 | $ | 137,655 | |||||
|
| |||||||
1,147,633 | ||||||||
|
| |||||||
Wireless Telecommunication Services – 0.5% |
| |||||||
KDDI Corp. | 14,309 | 440,870 | ||||||
Softbank Corp. | 25,482 | 331,510 | ||||||
SoftBank Group Corp. | 13,901 | 1,183,498 | ||||||
T-Mobile US, Inc.(a) | 2,601 | 325,880 | ||||||
Tele2 AB - Class B | 5,748 | 77,540 | ||||||
Vodafone Group PLC | 237,158 | 432,475 | ||||||
|
| |||||||
2,791,773 | ||||||||
|
| |||||||
�� 23,979,432 | ||||||||
|
| |||||||
Consumer Staples – 4.3% |
| |||||||
Beverages – 0.9% |
| |||||||
Anheuser-Busch InBev SA/NV | 7,925 | 498,188 | ||||||
Asahi Group Holdings Ltd. | 4,453 | 188,499 | ||||||
Brown-Forman Corp. - Class B | 792 | 54,624 | ||||||
Budweiser Brewing Co. APAC Ltd.(b) | 19,818 | 59,323 | ||||||
Carlsberg AS - Class B | 858 | 131,582 | ||||||
Coca-Cola Amatil Ltd. | 4,489 | 45,905 | ||||||
Coca-Cola Bottlers Japan Holdings, Inc. | 1,300 | 22,688 | ||||||
Coca-Cola Co. (The) | 17,220 | 907,666 | ||||||
Coca-Cola HBC AG | 2,301 | 73,136 | ||||||
Constellation Brands, Inc. - Class A | 770 | 175,560 | ||||||
Diageo PLC | 20,748 | 852,358 | ||||||
Heineken NV | 2,984 | 306,331 | ||||||
Kirin Holdings Co., Ltd. | 7,305 | 140,169 | ||||||
Molson Coors Beverage Co. - Class B(a) | 800 | 40,920 | ||||||
Monster Beverage Corp.(a) | 1,620 | 147,566 | ||||||
PepsiCo, Inc. | 6,125 | 866,381 | ||||||
Pernod Ricard SA | 1,885 | 352,833 | ||||||
Suntory Beverage & Food Ltd. | 1,601 | 59,702 | ||||||
Treasury Wine Estates Ltd. | 6,410 | 50,524 | ||||||
|
| |||||||
4,973,955 | ||||||||
|
| |||||||
Food & Staples Retailing - 0.7% |
| |||||||
Aeon Co., Ltd. | 5,808 | 173,486 | ||||||
Carrefour SA | 5,660 | 102,478 | ||||||
Coles Group Ltd. | 11,775 | 143,591 | ||||||
Costco Wholesale Corp. | 1,965 | 692,623 | ||||||
Etablissements Franz Colruyt NV | 96 | 5,723 | ||||||
J Sainsbury PLC | 20,378 | 68,144 | ||||||
Jeronimo Martins SGPS SA | 2,897 | 48,751 | ||||||
Koninklijke Ahold Delhaize NV | 9,031 | 251,900 | ||||||
Kroger Co. (The) | 3,420 | 123,086 | ||||||
Seven & i Holdings Co., Ltd. | 6,694 | 270,313 | ||||||
Sundrug Co., Ltd. | 39 | 1,429 | ||||||
Sysco Corp. | 2,225 | 175,196 | ||||||
Tesco PLC | 72,696 | 229,518 | ||||||
Tsuruha Holdings, Inc. | 320 | 41,292 | ||||||
Walgreens Boots Alliance, Inc. | 3,175 | 174,308 | ||||||
Walmart, Inc. | 6,163 | 837,120 | ||||||
Wm Morrison Supermarkets PLC | 27,684 | 69,627 | ||||||
Woolworths Group Ltd. | 11,218 | 349,376 | ||||||
|
| |||||||
3,757,961 | ||||||||
|
|
19
Company | Shares | U.S. $ Value | ||||||
Food Products – 1.0% |
| |||||||
a2 Milk Co., Ltd. (The)(a) | 6,019 | $ | 36,335 | |||||
Ajinomoto Co., Inc. | 5,373 | 110,140 | ||||||
Archer-Daniels-Midland Co. | 2,475 | 141,075 | ||||||
Associated British Foods PLC(a) | 3,365 | 111,797 | ||||||
Barry Callebaut AG | 20 | 45,282 | ||||||
Campbell Soup Co. | 875 | 43,986 | ||||||
Conagra Brands, Inc. | 2,165 | 81,404 | ||||||
Danone SA | 5,549 | 379,818 | ||||||
General Mills, Inc. | 2,705 | 165,871 | ||||||
Hershey Co. (The) | 650 | 102,804 | ||||||
Hormel Foods Corp. | 1,250 | 59,725 | ||||||
JM Smucker Co. (The) | 495 | 62,632 | ||||||
Kellogg Co. | 1,115 | 70,580 | ||||||
Kerry Group PLC - Class A | 1,489 | 185,960 | ||||||
Kikkoman Corp. | 1,724 | 102,810 | ||||||
Kraft Heinz Co. (The) | 2,878 | 115,120 | ||||||
Lamb Weston Holdings, Inc. | 640 | 49,587 | ||||||
McCormick & Co., Inc./MD | 1,100 | 98,076 | ||||||
MEIJI Holdings Co., Ltd. | 1,318 | 84,755 | ||||||
Mondelez International, Inc. - Class A | 6,345 | 371,373 | ||||||
Mowi ASA | 5,059 | 125,649 | ||||||
Nestle SA | 25,563 | 2,849,671 | ||||||
Nissin Foods Holdings Co., Ltd. | 560 | 41,519 | ||||||
Tyson Foods, Inc. - Class A | 1,275 | 94,732 | ||||||
Yakult Honsha Co., Ltd. | 1,419 | 71,799 | ||||||
Yamazaki Baking Co., Ltd. | 1,394 | 22,523 | ||||||
|
| |||||||
5,625,023 | ||||||||
|
| |||||||
Household Products – 0.7% |
| |||||||
Church & Dwight Co., Inc. | 1,076 | 93,989 | ||||||
Clorox Co. (The) | 570 | 109,942 | ||||||
Colgate-Palmolive Co. | 3,780 | 297,977 | ||||||
Essity AB - Class B | 6,982 | 220,667 | ||||||
Henkel AG & Co. KGaA | 918 | 90,948 | ||||||
Henkel AG & Co. KGaA (Preference Shares) | 1,571 | 176,633 | ||||||
Kimberly-Clark Corp. | 1,505 | 209,270 | ||||||
Lion Corp. | 2,000 | 38,988 | ||||||
Pigeon Corp. | 1,020 | 38,678 | ||||||
Procter & Gamble Co. (The) | 11,020 | 1,492,439 | ||||||
Reckitt Benckiser Group PLC | 6,309 | 564,720 | ||||||
Unicharm Corp. | 3,585 | 150,536 | ||||||
|
| |||||||
3,484,787 | ||||||||
|
| |||||||
Personal Products – 0.6% |
| |||||||
Beiersdorf AG | 1,161 | 122,672 | ||||||
Estee Lauder Cos., Inc. (The) - Class A | 990 | 287,942 | ||||||
Kao Corp. | 4,269 | 282,474 | ||||||
Kobayashi Pharmaceutical Co., Ltd. | 262 | 24,471 | ||||||
Kose Corp. | 300 | 42,519 | ||||||
L’Oreal SA | 2,239 | 857,719 | ||||||
Shiseido Co., Ltd. | 3,554 | 239,021 | ||||||
Unilever PLC | 23,323 | 1,301,417 | ||||||
|
| |||||||
3,158,235 | ||||||||
|
| |||||||
Tobacco – 0.4% |
| |||||||
Altria Group, Inc. | 8,240 | 421,558 | ||||||
British American Tobacco PLC | 20,362 | 773,969 | ||||||
Imperial Brands PLC | 9,340 | 191,479 |
20
Company | Shares | U.S. $ Value | ||||||
Japan Tobacco, Inc. | 10,653 | $ | 204,648 | |||||
Philip Morris International, Inc. | 6,900 | 612,306 | ||||||
Swedish Match AB | 1,957 | 152,668 | ||||||
|
| |||||||
2,356,628 | ||||||||
|
| |||||||
23,356,589 | ||||||||
|
| |||||||
Materials – 2.8% |
| |||||||
Chemicals – 1.5% |
| |||||||
Air Liquide SA | 4,236 | 691,637 | ||||||
Air Products & Chemicals, Inc. | 1,000 | 281,340 | ||||||
Akzo Nobel NV | 2,298 | 256,562 | ||||||
Albemarle Corp. | 461 | 67,357 | ||||||
Arkema SA | 794 | 96,158 | ||||||
Asahi Kasei Corp. | 11,121 | 128,378 | ||||||
BASF SE | 8,149 | 677,206 | ||||||
Celanese Corp. - Class A | 508 | 76,103 | ||||||
CF Industries Holdings, Inc. | 950 | 43,111 | ||||||
Corteva, Inc. | 3,306 | 154,126 | ||||||
Covestro AG(b) | 2,001 | 134,629 | ||||||
Croda International PLC | 984 | 86,096 | ||||||
Dow, Inc. | 3,256 | 208,189 | ||||||
DuPont de Nemours, Inc. | 2,392 | 184,854 | ||||||
Eastman Chemical Co. | 580 | 63,870 | ||||||
Ecolab, Inc. | 1,100 | 235,477 | ||||||
EMS-Chemie Holding AG | 80 | 71,465 | ||||||
Evonik Industries AG | 2,375 | 84,039 | ||||||
FMC Corp. | 580 | 64,154 | ||||||
Givaudan SA | 87 | 335,580 | ||||||
ICL Group Ltd.ICL Group Ltd. | 8,106 | 47,521 | ||||||
International Flavors & Fragrances, Inc. | 1,109 | 154,827 | ||||||
Johnson Matthey PLC | 1,188 | 49,349 | ||||||
JSR Corp. | 1,800 | 54,475 | ||||||
Kansai Paint Co., Ltd. | 1,580 | 42,263 | ||||||
Koninklijke DSM NV | 1,984 | 335,411 | ||||||
LANXESS AG | 740 | 54,615 | ||||||
Linde PLC | 2,340 | 655,528 | ||||||
LyondellBasell Industries NV - Class A | 1,099 | 114,351 | ||||||
Mitsubishi Chemical Holdings Corp. | 14,738 | 110,691 | ||||||
Mitsui Chemicals, Inc. | 1,640 | 51,902 | ||||||
Mosaic Co. (The) | 1,510 | 47,731 | ||||||
Nippon Paint Holdings Co., Ltd. | 8,430 | 121,760 | ||||||
Nissan Chemical Corp. | 1,429 | 76,455 | ||||||
Nitto Denko Corp. | 1,408 | 120,695 | ||||||
Novozymes A/S - Class B | 1,608 | 102,891 | ||||||
PPG Industries, Inc. | 1,050 | 157,773 | ||||||
Sherwin-Williams Co. (The) | 375 | 276,754 | ||||||
Shin-Etsu Chemical Co., Ltd. | 3,136 | 531,239 | ||||||
Sika AG | 1,263 | 361,160 | ||||||
Solvay SA | 651 | 81,021 | ||||||
Sumitomo Chemical Co., Ltd. | 14,678 | 76,153 | ||||||
Symrise AG | 1,121 | 136,013 | ||||||
Toray Industries, Inc. | 15,963 | 103,061 | ||||||
Tosoh Corp. | 2,791 | 53,454 | ||||||
Yara International ASA | 2,038 | 106,169 | ||||||
|
| |||||||
7,963,593 | ||||||||
|
| |||||||
Construction Materials – 0.2% |
| |||||||
CRH PLC | 7,734 | 361,926 | ||||||
HeidelbergCement AG | 1,561 | 141,829 |
21
Company | Shares | U.S. $ Value | ||||||
James Hardie Industries PLC | 3,639 | $ | 109,984 | |||||
LafargeHolcim Ltd.(a) | 4,647 | 273,266 | ||||||
Martin Marietta Materials, Inc. | 277 | 93,022 | ||||||
Vulcan Materials Co. | 565 | 95,344 | ||||||
|
| |||||||
1,075,371 | ||||||||
|
| |||||||
Containers & Packaging – 0.1% |
| |||||||
AMCOR PLC | 6,943 | 81,094 | ||||||
Avery Dennison Corp. | 385 | 70,705 | ||||||
Ball Corp. | 1,410 | 119,484 | ||||||
International Paper Co. | 1,725 | 93,271 | ||||||
Packaging Corp. of America | 425 | 57,154 | ||||||
Sealed Air Corp. | 690 | 31,616 | ||||||
Smurfit Kappa Group PLC | 2,414 | 113,266 | ||||||
Westrock Co. | 1,127 | 58,660 | ||||||
|
| |||||||
625,250 | ||||||||
|
| |||||||
Metals & Mining – 0.9% |
| |||||||
Anglo American PLC | 10,645 | 416,941 | ||||||
Antofagasta PLC | 2,599 | 60,539 | ||||||
ArcelorMittal SA(a) | 6,520 | 187,655 | ||||||
BHP Group Ltd. | 26,145 | 906,955 | ||||||
BHP Group PLC | 18,730 | 539,274 | ||||||
BlueScope Steel Ltd. | 4,460 | 65,815 | ||||||
Evolution Mining Ltd. | 14,400 | 44,862 | ||||||
Fortescue Metals Group Ltd. | 15,033 | 229,112 | ||||||
Freeport-McMoRan, Inc.(a) | 6,445 | 212,234 | ||||||
Glencore PLC(a) | 88,667 | 348,142 | ||||||
JFE Holdings, Inc.(a) | 5,000 | 61,690 | ||||||
Newcrest Mining Ltd. | 7,040 | 132,999 | ||||||
Newmont Corp. | 3,531 | 212,813 | ||||||
Nippon Steel Corp.(a) | 7,158 | 122,171 | ||||||
Norsk Hydro ASA | 4,345 | 27,908 | ||||||
Northern Star Resources Ltd. | 8,518 | 61,702 | ||||||
Nucor Corp. | 1,310 | 105,154 | ||||||
Rio Tinto Ltd. | 3,293 | 278,315 | ||||||
Rio Tinto PLC | 9,954 | 759,371 | ||||||
South32 Ltd. | 52,892 | 113,514 | ||||||
Sumitomo Metal Mining Co., Ltd. | 2,682 | 116,225 | ||||||
voestalpine AG | 1,337 | 55,369 | ||||||
|
| |||||||
5,058,760 | ||||||||
|
| |||||||
Paper & Forest Products – 0.1% |
| |||||||
Mondi PLC | 4,582 | 116,810 | ||||||
Oji Holdings Corp. | 7,640 | 49,538 | ||||||
UPM-Kymmene Oyj | 6,144 | 220,801 | ||||||
|
| |||||||
387,149 | ||||||||
|
| |||||||
15,110,123 | ||||||||
|
| |||||||
Utilities – 1.7% |
| |||||||
Electric Utilities – 1.0% |
| |||||||
Alliant Energy Corp. | 1,088 | 58,926 | ||||||
American Electric Power Co., Inc. | 2,185 | 185,069 | ||||||
Chubu Electric Power Co., Inc. | 7,416 | 95,559 | ||||||
CLP Holdings Ltd. | 18,903 | 184,053 | ||||||
Duke Energy Corp. | 3,242 | 312,950 |
22
Company | Shares | U.S. $ Value | ||||||
Edison International | 1,685 | $ | 98,741 | |||||
EDP - Energias de Portugal SA | 31,472 | 179,758 | ||||||
Electricite de France SA(a) | 7,145 | 95,844 | ||||||
Elia Group SA/NV | 356 | 39,205 | ||||||
Endesa SA | 2,965 | 78,579 | ||||||
Enel SpA | 72,165 | 717,850 | ||||||
Entergy Corp. | 875 | 87,036 | ||||||
Evergy, Inc. | 985 | 58,637 | ||||||
Eversource Energy | 1,510 | 130,751 | ||||||
Exelon Corp. | 4,317 | 188,826 | ||||||
FirstEnergy Corp. | 2,375 | 82,389 | ||||||
Iberdrola SA | 54,284 | 700,639 | ||||||
Kansai Electric Power Co., Inc. (The) | 8,006 | 86,800 | ||||||
Kyushu Electric Power Co., Inc. | 642 | 6,340 | ||||||
Mercury NZ Ltd. | 1,085 | 4,931 | ||||||
NextEra Energy, Inc. | 8,690 | 657,051 | ||||||
NRG Energy, Inc. | 1,060 | 39,994 | ||||||
Orsted AS(b) | 1,747 | 282,080 | ||||||
Pinnacle West Capital Corp. | 485 | 39,455 | ||||||
Power Assets Holdings Ltd. | 15,969 | 94,520 | ||||||
PPL Corp. | 3,415 | 98,489 | ||||||
Red Electrica Corp. SA | 4,542 | 80,566 | ||||||
Southern Co. (The) | 4,660 | 289,666 | ||||||
SSE PLC | 9,730 | 195,096 | ||||||
Terna Rete Elettrica Nazionale SpA | 12,480 | 94,250 | ||||||
Tohoku Electric Power Co., Inc. | 4,920 | 46,522 | ||||||
Tokyo Electric Power Co. Holdings, Inc.(a) | 12,840 | 42,922 | ||||||
Xcel Energy, Inc. | 2,330 | 154,968 | ||||||
|
| |||||||
5,508,462 | ||||||||
|
| |||||||
Gas Utilities – 0.2% |
| |||||||
APA Group | 13,346 | 101,904 | ||||||
Atmos Energy Corp. | 542 | 53,577 | ||||||
Enagas SA | 2,865 | 62,373 | ||||||
Hong Kong & China Gas Co., Ltd. | 122,741 | 194,617 | ||||||
Naturgy Energy Group SA | 2,526 | 62,020 | ||||||
Osaka Gas Co., Ltd. | 4,317 | 84,245 | ||||||
Snam SpA | 15,010 | 83,214 | ||||||
Toho Gas Co., Ltd. | 851 | 52,514 | ||||||
Tokyo Gas Co., Ltd. | 4,329 | 96,445 | ||||||
|
| |||||||
790,909 | ||||||||
|
| |||||||
Independent Power and Renewable Electricity Producers – 0.0% |
| |||||||
AES Corp. (The) | 2,925 | 78,419 | ||||||
Meridian Energy Ltd. | 14,751 | 55,609 | ||||||
Uniper SE | 1,795 | 65,020 | ||||||
|
| |||||||
199,048 | ||||||||
|
| |||||||
Multi-Utilities – 0.5% |
| |||||||
AGL Energy Ltd. | 7,355 | 54,069 | ||||||
Ameren Corp. | 1,060 | 86,242 | ||||||
CenterPoint Energy, Inc. | 2,405 | 54,473 | ||||||
CMS Energy Corp. | 1,270 | 77,749 | ||||||
Consolidated Edison, Inc. | 1,490 | 111,452 | ||||||
Dominion Energy, Inc. | 3,620 | 274,975 | ||||||
DTE Energy Co. | 820 | 109,175 | ||||||
E.ON SE | 19,924 | 232,194 | ||||||
Engie SA(a) | 16,505 | 234,459 |
23
Company | Shares | U.S. $ Value | ||||||
National Grid PLC | 30,060 | $ | 356,829 | |||||
NiSource, Inc. | 1,705 | 41,107 | ||||||
Public Service Enterprise Group, Inc. | 2,245 | 135,171 | ||||||
RWE AG | 5,603 | 219,872 | ||||||
Sempra Energy | 1,250 | 165,725 | ||||||
Suez SA | 3,260 | 69,044 | ||||||
United Utilities Group PLC | 7,540 | 96,349 | ||||||
Veolia Environnement SA | 6,203 | 159,135 | ||||||
WEC Energy Group, Inc. | 1,368 | 128,031 | ||||||
|
| |||||||
2,606,051 | ||||||||
|
| |||||||
Water Utilities – 0.0% |
| |||||||
American Water Works Co., Inc. | 821 | 123,084 | ||||||
Severn Trent PLC | 2,739 | 87,121 | ||||||
|
| |||||||
210,205 | ||||||||
|
| |||||||
9,314,675 | ||||||||
|
| |||||||
Energy – 1.6% |
| |||||||
Energy Equipment & Services – 0.1% |
| |||||||
Baker Hughes Co. - Class A | 3,050 | 65,911 | ||||||
Halliburton Co. | 3,900 | 83,694 | ||||||
NOV, Inc.(a) | 1,725 | 23,667 | ||||||
Schlumberger NV | 6,170 | 167,762 | ||||||
|
| |||||||
341,034 | ||||||||
|
| |||||||
Oil, Gas & Consumable Fuels – 1.5% |
| |||||||
APA Corp. | 1,665 | 29,804 | ||||||
BP PLC | 179,833 | 730,473 | ||||||
Cabot Oil & Gas Corp. | 1,740 | 32,677 | ||||||
Chevron Corp. | 8,531 | 893,963 | ||||||
ConocoPhillips | 5,981 | 316,814 | ||||||
Devon Energy Corp. | 1,680 | 36,708 | ||||||
Diamondback Energy, Inc. | 678 | 49,826 | ||||||
ENEOS Holdings, Inc. | 27,225 | 123,516 | ||||||
Eni SpA | 22,383 | 275,808 | ||||||
EOG Resources, Inc. | 2,580 | 187,127 | ||||||
Equinor ASA | 8,955 | 174,799 | ||||||
Exxon Mobil Corp. | 18,800 | 1,049,604 | ||||||
Hess Corp. | 1,190 | 84,204 | ||||||
HollyFrontier Corp. | 650 | 23,257 | ||||||
Idemitsu Kosan Co., Ltd. | 1,072 | 27,674 | ||||||
Inpex Corp. | 11,643 | 79,614 | ||||||
Kinder Morgan, Inc. | 8,649 | 144,006 | ||||||
Lundin Energy AB | 2,139 | 67,276 | ||||||
Marathon Oil Corp. | 3,485 | 37,220 | ||||||
Marathon Petroleum Corp. | 2,851 | 152,500 | ||||||
Neste Oyj | 4,921 | 261,333 | ||||||
Occidental Petroleum Corp. | 3,686 | 98,121 | ||||||
Oil Search Ltd. | 17,520 | 54,778 | ||||||
OMV AG | 1,396 | 70,745 | ||||||
ONEOK, Inc. | 1,968 | 99,699 | ||||||
Origin Energy Ltd. | 20,273 | 72,633 | ||||||
Phillips 66 | 1,940 | 158,188 | ||||||
Pioneer Natural Resources Co. | 715 | 113,556 | ||||||
Repsol SA | 15,687 | 194,706 | ||||||
Royal Dutch Shell PLC - Class A | 36,385 | 707,286 | ||||||
Royal Dutch Shell PLC - Class B | 32,873 | 605,108 | ||||||
Santos Ltd. | 20,382 | 110,321 |
24
Company | Shares | U.S. $ Value | ||||||
TOTAL SE | 22,451 | $ | 1,046,660 | |||||
Valero Energy Corp. | 1,795 | 128,522 | ||||||
Williams Cos., Inc. (The) | 5,378 | 127,405 | ||||||
Woodside Petroleum Ltd. | 8,507 | 155,490 | ||||||
|
| |||||||
8,521,421 | ||||||||
|
| |||||||
8,862,455 | ||||||||
|
| |||||||
Real Estate – 1.5% |
| |||||||
Equity Real Estate Investment Trusts (REITs) – 1.0% |
| |||||||
Alexandria Real Estate Equities, Inc. | 532 | 87,408 | ||||||
American Tower Corp. | 1,975 | 472,143 | ||||||
Ascendas Real Estate Investment Trust | 36,711 | 83,393 | ||||||
AvalonBay Communities, Inc. | 595 | 109,783 | ||||||
Boston Properties, Inc. | 600 | 60,756 | ||||||
British Land Co. PLC (The) | 9,308 | 64,758 | ||||||
CapitaLand Integrated Commercial Trust | 29,724 | 48,096 | ||||||
Covivio | 553 | 47,297 | ||||||
Crown Castle International Corp. | 1,920 | 330,490 | ||||||
Daiwa House REIT Investment Corp. | 20 | 53,742 | ||||||
Dexus | 12,575 | 93,503 | ||||||
Digital Realty Trust, Inc. | 1,228 | 172,952 | ||||||
Duke Realty Corp. | 1,628 | 68,262 | ||||||
Equinix, Inc. | 430 | 292,224 | ||||||
Equity Residential | 1,480 | 106,012 | ||||||
Essex Property Trust, Inc. | 278 | 75,572 | ||||||
Extra Space Storage, Inc. | 533 | 70,649 | ||||||
Federal Realty Investment Trust | 272 | 27,594 | ||||||
Gecina SA | 528 | 72,680 | ||||||
GLP J-Reit(a) | 41 | 67,372 | ||||||
Goodman Group | 14,742 | 203,563 | ||||||
GPT Group (The) | 22,423 | 78,660 | ||||||
Healthpeak Properties, Inc. | 2,380 | 75,541 | ||||||
Host Hotels & Resorts, Inc.(a) | 3,120 | 52,572 | ||||||
Iron Mountain, Inc.(c) | 1,248 | 46,188 | ||||||
Japan Metropolitan Fund Invest | 60 | 61,468 | ||||||
Japan Real Estate Investment Corp. | 16 | 94,550 | ||||||
Kimco Realty Corp. | 1,910 | 35,812 | ||||||
Klepierre SA | 2,231 | 51,928 | ||||||
Land Securities Group PLC | 6,238 | 59,315 | ||||||
Link REIT | 23,783 | 216,990 | ||||||
Mapletree Commercial Trust | 24,747 | 39,100 | ||||||
Mapletree Logistics Trust | 30,622 | 44,031 | ||||||
Mid-America Apartment Communities, Inc. | 496 | 71,603 | ||||||
Mirvac Group | 45,284 | 86,384 | ||||||
Nippon Building Fund, Inc. | 15 | 88,392 | ||||||
Nippon Prologis REIT, Inc. | 25 | 80,389 | ||||||
Nomura Real Estate Master Fund, Inc. | 49 | 73,774 | ||||||
Orix JREIT, Inc. | 21 | 36,576 | ||||||
Prologis, Inc. | 3,279 | 347,574 | ||||||
Public Storage | 700 | 172,732 | ||||||
Realty Income Corp. | 1,558 | 98,933 | ||||||
Regency Centers Corp. | 683 | 38,733 | ||||||
SBA Communications Corp. | 490 | 135,999 | ||||||
Scentre Group | 40,464 | 87,123 | ||||||
Segro PLC | 11,368 | 146,910 | ||||||
Simon Property Group, Inc. | 1,456 | 165,649 | ||||||
Stockland | 27,447 | 92,137 | ||||||
UDR, Inc. | 1,278 | 56,053 | ||||||
Ventas, Inc. | 1,661 | 88,598 |
25
Company | Shares | U.S. $ Value | ||||||
Vornado Realty Trust | 685 | $ | 31,092 | |||||
Welltower, Inc. | 1,835 | 131,441 | ||||||
Weyerhaeuser Co. | 3,298 | 117,409 | ||||||
|
| |||||||
5,611,905 | ||||||||
|
| |||||||
Real Estate Management & Development – 0.5% |
| |||||||
Aeon Mall Co., Ltd. | 1,178 | 20,552 | ||||||
Aroundtown SA | 8,860 | 63,100 | ||||||
Azrieli Group Ltd. | 489 | 30,217 | ||||||
CapitaLand Ltd. | 29,564 | 82,836 | ||||||
CBRE Group, Inc. - Class A(a) | 1,465 | 115,896 | ||||||
City Developments Ltd. | 5,233 | 31,124 | ||||||
CK Asset Holdings Ltd. | 29,761 | 181,173 | ||||||
Daito Trust Construction Co., Ltd. | 748 | 86,913 | ||||||
Daiwa House Industry Co., Ltd. | 5,019 | 147,303 | ||||||
Deutsche Wohnen SE | 2,994 | 139,665 | ||||||
Fastighets AB Balder - Class B(a) | 121 | 5,990 | ||||||
Hongkong Land Holdings Ltd. | 12,626 | 62,097 | ||||||
LEG Immobilien SE | 795 | 104,572 | ||||||
Lendlease Corp Ltd. | 6,115 | 60,291 | ||||||
Mitsubishi Estate Co., Ltd. | 10,492 | 183,730 | ||||||
Mitsui Fudosan Co., Ltd. | 8,129 | 185,304 | ||||||
Sino Land Co., Ltd. | 36,047 | 50,306 | ||||||
Sumitomo Realty & Development Co., Ltd. | 3,562 | 126,178 | ||||||
Sun Hung Kai Properties Ltd. | 15,000 | 227,128 | ||||||
Swire Pacific Ltd. - Class A | 5,731 | 43,172 | ||||||
Swire Properties Ltd. | 13,468 | 41,805 | ||||||
Swiss Prime Site AG | 875 | 80,778 | ||||||
Unibail-Rodamco-Westfield(a) | 1,593 | 127,278 | ||||||
Vonovia SE | 4,770 | 311,716 | ||||||
|
| |||||||
2,509,124 | ||||||||
|
| |||||||
8,121,029 | ||||||||
|
| |||||||
Total Common Stocks |
| 294,084,952 | ||||||
|
| |||||||
Principal Amount (000) | ||||||||
GOVERNMENTS - TREASURIES – 35.4% |
| |||||||
United States – 35.4% |
| |||||||
U.S. Treasury Bonds | $ | 730 | 549,097 | |||||
1.375%, 08/15/2050 | 460 | 357,955 | ||||||
1.625%, 11/15/2050 | 2,063 | 1,712,686 | ||||||
2.00%, 02/15/2050 | 915 | 834,223 | ||||||
2.25%, 08/15/2046-08/15/2049 | 7,073 | 6,840,113 | ||||||
2.375%, 11/15/2049 | 1,045 | 1,035,337 | ||||||
2.50%, 02/15/2045-05/15/2046 | 598 | 608,587 | ||||||
2.75%, 08/15/2042-08/15/2047 | 1,177 | 1,257,511 | ||||||
2.875%, 05/15/2043-05/15/2049 | 6,862 | 7,474,098 | ||||||
3.00%, 05/15/2045-02/15/2049 | 4,154 | 4,640,597 | ||||||
3.125%, 11/15/2041-02/15/2043 | 2,825 | 3,206,731 | ||||||
3.50%, 02/15/2039 | 23 | 27,496 | ||||||
3.625%, 08/15/2043 | 3,658 | 4,475,334 | ||||||
3.75%, 08/15/2041-11/15/2043 | 399 | 496,060 |
26
Principal Amount (000) | U.S. $ Value | |||||||
3.875%, 08/15/2040 | $ | 280 | $ | 352,144 | ||||
4.25%, 05/15/2039 | 240 | 314,550 | ||||||
4.375%, 11/15/2039-05/15/2041 | 1,258 | 1,679,889 | ||||||
4.50%, 08/15/2039 | 317 | 428,099 | ||||||
4.75%, 02/15/2037-02/15/2041 | 1,127 | 1,549,900 | ||||||
5.25%, 11/15/2028 | 690 | 877,809 | ||||||
5.375%, 02/15/2031 | 650 | 868,156 | ||||||
5.50%, 08/15/2028 | 1,383 | 1,775,426 | ||||||
6.00%, 02/15/2026 | 2,846 | 3,536,155 | ||||||
6.125%, 11/15/2027 | 732 | 956,061 | ||||||
6.25%, 08/15/2023-05/15/2030 | 804 | 1,089,111 | ||||||
6.875%, 08/15/2025 | 849 | 1,071,067 | ||||||
7.25%, 08/15/2022 | 775 | 850,199 | ||||||
7.625%, 02/15/2025 | 295 | 374,189 | ||||||
U.S. Treasury Notes | 1,419 | 1,418,457 | ||||||
0.25%, 06/30/2025-09/30/2025 | 11,518 | 11,251,562 | ||||||
0.375%, 04/30/2025-01/31/2026 | 6,679 | 6,546,270 | ||||||
0.50%, 03/31/2025-02/28/2026 | 2,199 | 2,157,513 | ||||||
0.625%, 05/15/2030-08/15/2030 | 3,823 | 3,468,300 | ||||||
0.875%, 11/15/2030 | 3,725 | 3,442,318 | ||||||
1.125%, 02/15/2031 | 864 | 815,441 | ||||||
1.25%, 08/31/2024 | 1,994 | 2,045,096 | ||||||
1.375%, 08/31/2023 | 1,651 | 1,696,660 | ||||||
1.50%, 09/30/2024-02/15/2030 | 9,529 | 9,786,844 | ||||||
1.625%, 08/15/2022-08/15/2029 | 13,960 | 14,301,059 | ||||||
1.75%, 03/31/2022-11/15/2029 | 15,661 | 16,070,186 | ||||||
1.875%, 08/31/2022-10/31/2022 | 4,771 | 4,893,135 | ||||||
2.00%, 02/15/2022-11/15/2026 | 21,805 | 22,782,288 | ||||||
2.125%, 11/30/2023-05/15/2025 | 13,005 | 13,698,070 | ||||||
2.25%, 04/30/2024-11/15/2027 | 8,410 | 8,914,282 | ||||||
2.375%, 08/15/2024-05/15/2029 | 4,221 | 4,490,184 | ||||||
2.50%, 08/15/2023-05/15/2024 | 5,883 | 6,243,787 | ||||||
2.625%, 02/15/2029 | 821 | 887,450 | ||||||
2.75%, 11/15/2023-02/15/2028 | 3,400 | 3,626,892 | ||||||
2.875%, 10/31/2023-05/15/2028 | 2,273 | 2,447,761 | ||||||
3.125%, 11/15/2028 | 1,655 | 1,849,909 | ||||||
|
| |||||||
Total Governments - Treasuries |
| 192,072,044 | ||||||
|
| |||||||
Shares | ||||||||
INVESTMENT COMPANIES – 5.0% |
| |||||||
Funds and Investment Trusts – 5.0%(d) |
| |||||||
Vanguard Global ex-U.S. Real Estate ETF(c) | 244,174 | 13,615,142 | ||||||
Vanguard Real Estate ETF(c) | 148,363 | 13,628,625 | ||||||
|
| |||||||
Total Investment Companies |
| 27,243,767 | ||||||
|
| |||||||
RIGHTS – 0.0% |
| |||||||
Utilities – 0.0% |
| |||||||
Gas Utilities – 0.0% |
| |||||||
Snam SpA, expiring 06/06/2021(a) (e) (f) | 15,010 | 15 | ||||||
|
|
27
Company | Shares | U.S. $ Value | ||||||||||
SHORT-TERM INVESTMENTS – 3.7% |
| |||||||||||
Investment Companies – 3.6% |
| |||||||||||
AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 0.01%(d) (g) (h) | 19,575,825 | $ | 19,575,825 | |||||||||
|
| |||||||||||
Principal Amount (000) | ||||||||||||
U.S. Treasury Bills – 0.1% |
| |||||||||||
U.S. Treasury Bill | $ | 590 | 589,994 | |||||||||
|
| |||||||||||
Total Short-Term Investments |
| 20,165,819 | ||||||||||
|
| |||||||||||
Total Investments Before Security Lending Collateral for Securities Loaned – 98.2% |
| 533,566,597 | ||||||||||
|
| |||||||||||
Shares | ||||||||||||
INVESTMENTS OF CASH COLLATERAL FOR SECURITIES LOANED – 0.1% |
| |||||||||||
Investment Companies – 0.1% |
| |||||||||||
AB Fixed Income Shares, Inc. - Government Money Market Portfolio - Class AB, 0.01%(d) (g) (h) | 635,105 | 635,105 | ||||||||||
|
| |||||||||||
Total Investments – 98.3% |
| 534,201,702 | ||||||||||
Other assets less liabilities – 1.7% |
| 9,088,279 | ||||||||||
|
| |||||||||||
Net Assets – 100.0% |
| $ | 543,289,981 | |||||||||
|
|
FUTURES
Description | Number of Contracts | Expiration Month | Current Notional | Value and Unrealized Appreciation/ (Depreciation) | ||||||||||||||||
Purchased Contracts | ||||||||||||||||||||
Australian 10 Yr Bond Futures | 173 | June 2021 | $ | 18,148,524 | $ | (80,049 | ) | |||||||||||||
Canadian 10 Yr Bond Futures | 92 | June 2021 | 10,159,020 | (179,041 | ) | |||||||||||||||
MSCI EAFE Futures | 5 | June 2021 | 548,000 | (1,029 | ) | |||||||||||||||
MSCI Emerging Markets Futures | 406 | June 2021 | 26,846,750 | (213,990 | ) | |||||||||||||||
MSCI Singapore IX ETS Futures | 238 | April 2021 | 6,333,043 | 35,890 | ||||||||||||||||
OMXS30 Index Futures | 279 | April 2021 | 6,987,419 | 100,654 | ||||||||||||||||
Russell 2000 E-Mini Futures | 140 | June 2021 | 15,557,500 | (427,531 | ) | |||||||||||||||
S&P Mid 400 E Mini Futures | 61 | June 2021 | 15,892,330 | (5,806 | ) | |||||||||||||||
TOPIX Index Futures | 8 | June 2021 | 1,411,786 | (15,945 | ) | |||||||||||||||
Sold Contracts |
| |||||||||||||||||||
Euro STOXX 50 Index Futures | 137 | June 2021 | 6,211,111 | (142,726 | ) | |||||||||||||||
FTSE 100 Index Futures | 69 | June 2021 | 6,353,764 | 45,089 |
28
Description | Number of Contracts | Expiration Month | Current Notional | Value and Unrealized Appreciation/ (Depreciation) | ||||||||||||||||
S&P 500 E-Mini Futures | 66 | June 2021 | $ | 13,092,420 | $ | (115,718 | ) | |||||||||||||
SPI 200 Futures | 70 | June 2021 | 8,993,452 | 38,985 | ||||||||||||||||
U.S. T-Note 10 Yr (CBT) Futures | 48 | June 2021 | 6,285,000 | 66,106 | ||||||||||||||||
|
| |||||||||||||||||||
$ | (895,111) | |||||||||||||||||||
|
|
FORWARD CURRENCY EXCHANGE CONTRACTS
Counterparty | Contracts to Deliver (000) | In Exchange For (000) | Settlement Date | Unrealized Appreciation/ (Depreciation) | ||||||||||||||||||||||||||
Bank of America, NA | CAD | 2,702 | USD | 2,160 | 06/16/2021 | $ | 10,003 | |||||||||||||||||||||||
BNP Paribas SA | CAD | 7,292 | USD | 5,802 | 06/16/2021 | (1,277 | ) | |||||||||||||||||||||||
BNP Paribas SA | JPY | 390,235 | USD | 3,591 | 06/16/2021 | 64,248 | ||||||||||||||||||||||||
BNP Paribas SA | SEK | 19,152 | USD | 2,250 | 06/16/2021 | 55,229 | ||||||||||||||||||||||||
BNP Paribas SA | USD | 3,155 | CAD | 3,991 | 06/16/2021 | 21,037 | ||||||||||||||||||||||||
BNP Paribas SA | USD | 1,996 | NZD | 2,787 | 06/16/2021 | (49,871 | ) | |||||||||||||||||||||||
Citibank, NA | SEK | 8,267 | USD | 994 | 06/16/2021 | 47,034 | ||||||||||||||||||||||||
Citibank, NA | USD | 1,815 | CAD | 2,304 | 06/16/2021 | 18,940 | ||||||||||||||||||||||||
Deutsche Bank AG | AUD | 6,719 | USD | 5,125 | 06/04/2021 | 19,806 | ||||||||||||||||||||||||
Deutsche Bank AG | USD | 485 | AUD | 636 | 06/04/2021 | (1,641 | ) | |||||||||||||||||||||||
HSBC Bank USA | GBP | 651 | USD | 909 | 04/09/2021 | 11,201 | ||||||||||||||||||||||||
JPMorgan Chase Bank, NA | CAD | 4,230 | USD | 3,337 | 06/16/2021 | (28,823 | ) | |||||||||||||||||||||||
JPMorgan Chase Bank, NA | CHF | 1,768 | USD | 1,905 | 06/16/2021 | 30,420 | ||||||||||||||||||||||||
JPMorgan Chase Bank, NA | EUR | 9,719 | USD | 11,728 | 06/16/2021 | 313,622 | ||||||||||||||||||||||||
JPMorgan Chase Bank, NA | GBP | 1,284 | USD | 1,786 | 06/16/2021 | 14,957 | ||||||||||||||||||||||||
JPMorgan Chase Bank, NA | GBP | 5,115 | USD | 6,987 | 06/16/2021 | (65,834 | ) | |||||||||||||||||||||||
JPMorgan Chase Bank, NA | JPY | 1,069,246 | USD | 10,064 | 06/16/2021 | 400,695 | ||||||||||||||||||||||||
JPMorgan Chase Bank, NA | SEK | 40,927 | USD | 4,933 | 06/16/2021 | 243,628 | ||||||||||||||||||||||||
JPMorgan Chase Bank, NA | USD | 7,263 | CAD | 9,218 | 06/16/2021 | 72,011 | ||||||||||||||||||||||||
JPMorgan Chase Bank, NA | USD | 7,019 | NOK | 59,525 | 06/16/2021 | (59,591 | ) | |||||||||||||||||||||||
JPMorgan Chase Bank, NA | USD | 9,849 | SEK | 82,869 | 06/16/2021 | (353,947 | ) | |||||||||||||||||||||||
Morgan Stanley Capital Services, Inc. | CHF | 7,243 | USD | 7,825 | 05/06/2021 | 154,751 | ||||||||||||||||||||||||
Morgan Stanley Capital Services, Inc. | USD | 4,087 | JPY | 444,655 | 06/16/2021 | (68,364 | ) | |||||||||||||||||||||||
Natwest Markets PLC | GBP | 572 | USD | 782 | 06/16/2021 | (6,673 | ) | |||||||||||||||||||||||
Natwest Markets PLC | JPY | 182,651 | USD | 1,723 | 06/16/2021 | 72,233 | ||||||||||||||||||||||||
State Street Bank & Trust Co. | USD | 898 | GBP | 651 | 04/09/2021 | 7 | ||||||||||||||||||||||||
State Street Bank & Trust Co. | USD | 560 | SEK | 4,871 | 04/15/2021 | (2,144 | ) | |||||||||||||||||||||||
State Street Bank & Trust Co. | USD | 1,099 | CHF | 1,030 | 05/06/2021 | (7,885 | ) | |||||||||||||||||||||||
State Street Bank & Trust Co. | USD | 5,750 | EUR | 4,879 | 05/27/2021 | (22,358 | ) | |||||||||||||||||||||||
State Street Bank & Trust Co. | NZD | 570 | USD | 408 | 06/16/2021 | 10,035 | ||||||||||||||||||||||||
State Street Bank & Trust Co. | SEK | 3,803 | USD | 458 | 06/16/2021 | 21,851 | ||||||||||||||||||||||||
State Street Bank & Trust Co. | USD | 972 | GBP | 705 | 06/16/2021 | 14 | ||||||||||||||||||||||||
State Street Bank & Trust Co. | USD | 4,201 | JPY | 459,595 | 06/16/2021 | (47,363 | ) | |||||||||||||||||||||||
UBS AG | EUR | 6,046 | USD | 7,229 | 05/27/2021 | 130,779 | ||||||||||||||||||||||||
|
| |||||||||||||||||||||||||||||
$ | 996,730 | |||||||||||||||||||||||||||||
|
|
(a) | Non-income producing security. |
29
(b) | Security is exempt from registration under Rule 144A of the Securities Act of 1933. These securities are considered restricted, but liquid and may be resold in transactions exempt from registration, normally to qualified institutional buyers. At March 31, 2021, the aggregate market value of these securities amounted to $2,355,845 or 0.4% of net assets. |
(c) | Represents entire or partial securities out on loan. |
(d) | To obtain a copy of the fund’s shareholder report, please go to the Securities and Exchange Commission’s website at www.sec.gov. Additionally, shareholder reports for AB funds can be obtained by calling AB at (800) 227-4618. |
(e) | Fair valued by the Adviser. |
(f) | Security in which significant unobservable inputs (Level 3) were used in determining fair value. |
(g) | Affiliated investments. |
(h) | The rate shown represents the 7-day yield as of period end. |
(i) | As of March 31, 2021, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $152,608,990 and gross unrealized depreciation of investments was $(13,388,027), resulting in net unrealized appreciation of $139,220,963. |
Currency Abbreviations:
AUD – Australian Dollar
CAD – Canadian Dollar
CHF – Swiss Franc
EUR – Euro
GBP – Great British Pound
JPY – Japanese Yen
NOK – Norwegian Krone
NZD – New Zealand Dollar
SEK – Swedish Krona
USD – United States Dollar
Glossary:
ADR – American Depositary Receipt
CBT – Chicago Board of Trade
EAFE – Europe, Australia, and Far East
ETF – Exchange Traded Fund
ETS – Emission Trading Scheme
FTSE – Financial Times Stock Exchange
MSCI – Morgan Stanley Capital International
REG – Registered Shares
REIT – Real Estate Investment Trust
SPI – Share Price Index
TOPIX – Tokyo Price Index
30
COUNTRY BREAKDOWN1 March 31, 2021 (unaudited) | ||||||
69.1 | % | United States | ||||
6.7 | % | Japan | ||||
3.7 | % | United Kingdom | ||||
3.0 | % | France | ||||
2.5 | % | Germany | ||||
2.5 | % | Switzerland | ||||
2.1 | % | Australia | ||||
1.2 | % | Netherlands | ||||
0.9 | % | Sweden | ||||
0.8 | % | Hong Kong | ||||
0.6 | % | Denmark | ||||
0.6 | % | Spain | ||||
0.6 | % | Italy | ||||
1.9 | % | Other | ||||
3.8 | % | Short-Term | ||||
|
| |||||
100.0 | % | Total Investments | ||||
|
|
1 | All data are as of March 31, 2021. The Fund’s country breakdown is expressed as a percentage of total investments (excluding security lending collateral) and may vary over time. “Other” country weightings represent 0.3% or less in the following: Austria, Belgium, Chile, China, Finland, Ireland, Israel, Jordan, Luxembourg, Macau, New Zealand, Norway, Portugal, Singapore and South Africa. |
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AB Variable Products Series Fund, Inc.
AB Dynamic Asset Allocation Portfolio
March 31, 2021 (unaudited)
In accordance with U.S. GAAP regarding fair value measurements, fair value is defined as the price that the Portfolio would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. U.S. GAAP establishes a framework for measuring fair value, and a three-level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of an asset or liability (including those valued based on their market values). Inputs may be observable or unobservable and refer broadly to the assumptions that market participants would use in pricing the asset or liability. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the Portfolio. Unobservable inputs reflect the Portfolio’s own assumptions about the assumptions that market participants would use in pricing the asset or liability based on the best information available in the circumstances. Each investment is assigned a level based upon the observability of the inputs which are significant to the overall valuation. The three-tier hierarchy of inputs is summarized below.
• | Level 1 - quoted prices in active markets for identical investments |
• | Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.) |
• | Level 3 - significant unobservable inputs (including the Portfolio’s own assumptions in determining the fair value of investments) |
The fair value of debt instruments, such as bonds, and over-the-counter derivatives is generally based on market price quotations, recently executed market transactions (where observable) or industry recognized modeling techniques and are generally classified as Level 2. Pricing vendor inputs to Level 2 valuations may include quoted prices for similar investments in active markets, interest rate curves, coupon rates, currency rates, yield curves, option adjusted spreads, default rates, credit spreads and other unique security features in order to estimate the relevant cash flows which is then discounted to calculate fair values. If these inputs are unobservable and significant to the fair value, these investments will be classified as Level 3. In addition, non-agency rated investments are classified as Level 3.
Other fixed income investments, including non-U.S. government and corporate debt, are generally valued using quoted market prices, if available, which are typically impacted by current interest rates, maturity dates and any perceived credit risk of the issuer. Additionally, in the absence of quoted market prices, these inputs are used by pricing vendors to derive a valuation based upon industry or proprietary models which incorporate issuer specific data with relevant yield/spread comparisons with more widely quoted bonds with similar key characteristics. Those investments for which there are observable inputs are classified as Level 2. Where the inputs are not observable, the investments are classified as Level 3.
Where readily available market prices or relevant bid prices are not available for certain equity investments, such investments may be valued based on similar publicly traded investments, movements in relevant indices since last available prices or based upon underlying company fundamentals and comparable company data (such as multiples to earnings or other multiples to equity). Where an investment is valued using an observable input, by pricing vendors, such as another publicly traded security, the investment will be classified as Level 2. If management determines that an adjustment is appropriate based on restrictions on resale, illiquidity or uncertainty, and such adjustment is a significant component of the valuation, the investment will be classified as Level 3. An investment will also be classified as Level 3 where management uses company fundamentals and other significant inputs to determine the valuation.
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The following table summarizes the valuation of the Portfolio’s investments by the above fair value hierarchy levels as of March 31, 2021:
Investments in Securities: | Level 1 | Level 2 | Level 3 | Total | ||||||||||||
Assets: |
| |||||||||||||||
Common Stocks: | ||||||||||||||||
Information Technology | $ | 40,210,773 | $ | 13,194,253 | $ | — | $ | 53,405,026 | ||||||||
Financials | 17,045,497 | 25,087,385 | — | 42,132,882 | ||||||||||||
Consumer Discretionary | 19,078,167 | 18,196,193 | — | 37,274,360 | ||||||||||||
Health Care | 19,797,383 | 17,230,754 | — | 37,028,137 | ||||||||||||
Industrials | 13,226,413 | 22,273,831 | — | 35,500,244 | ||||||||||||
Communication Services | 16,413,199 | 7,566,233 | — | 23,979,432 | ||||||||||||
Consumer Staples | 9,248,712 | 14,107,877 | — | 23,356,589 | ||||||||||||
Materials | 4,016,096 | 11,094,027 | — | 15,110,123 | ||||||||||||
Utilities | 3,922,128 | 5,392,547 | — | 9,314,675 | ||||||||||||
Energy | 4,104,235 | 4,758,220 | — | 8,862,455 | ||||||||||||
Real Estate | 3,655,670 | 4,465,359 | — | 8,121,029 | ||||||||||||
Governments - Treasuries | — | 192,072,044 | — | 192,072,044 | ||||||||||||
Investment Companies | 27,243,767 | — | — | 27,243,767 | ||||||||||||
Rights | — | — | 15 | 15 | ||||||||||||
Short-Term Investments: | ||||||||||||||||
Investment Companies | 19,575,825 | — | — | 19,575,825 | ||||||||||||
U.S. Treasury Bills | — | 589,994 | — | 589,994 | ||||||||||||
Investments of Cash Collateral for Securities Loaned in Affiliated Money Market Fund | 635,105 | — | — | 635,105 | ||||||||||||
|
|
|
|
|
|
|
| |||||||||
Total Investments in Securities | 198,172,970 | 336,028,717 | 15 | 534,201,702 | ||||||||||||
Other Financial Instruments(a): | ||||||||||||||||
Assets: |
| |||||||||||||||
Futures | 286,724 | — | — | 286,724 | ||||||||||||
Forward Currency Exchange Contracts | — | 1,712,501 | — | 1,712,501 | ||||||||||||
Liabilities: |
| |||||||||||||||
Futures | (1,181,835 | ) | — | — | (1,181,835 | ) | ||||||||||
Forward Currency Exchange Contracts | — | (715,771 | ) | — | (715,771 | ) | ||||||||||
|
|
|
|
|
|
|
| |||||||||
Total | $ | 197,277,859 | $ | 337,025,447 | $ | 15 | $ | 534,303,321 | ||||||||
|
|
|
|
|
|
|
|
(a) | Other financial instruments are derivative instruments, such as futures, forwards and swaps, which are valued at the unrealized appreciation/(depreciation) on the instrument. Other financial instruments may also include swaps with upfront premiums, options written and swaptions written which are valued at market value. |
33
A summary of the Portfolio’s transactions in AB mutual funds for the three months ended March 31, 2021 is as follows:
Fund | Market Value | Purchases at Cost (000) | Sales Proceeds (000) | Market Value | Dividend Income (000) | |||||||||||||||
Government Money Market Portfolio | $ | 4,201 | $ | 40,326 | $ | 24,951 | $ | 19,576 | $ | 0 | ** | |||||||||
Government Money Market Portfolio* | 67 | 4,337 | 3,769 | 635 | 0 | ** | ||||||||||||||
Total | $ | 4,268 | $ | 44,663 | $ | 28,720 | $ | 20,211 | $ | 0 |
* | Investments of cash collateral for securities lending transactions. |
** | Amount less than $500. |
34