First Trust Emerging Markets Small Cap AlphaDEX® Fund (FEMS)

	Printer Friendly Page
	Fact Sheet
	Summary Prospectus
	Monthly Performance Report

Holdings

Holdings of the Fund as of 3/28/2025
View Index Holdings

Export to Excel

Total Number of Holdings (excluding cash): 204

Security Name	Identifier	CUSIP	Classification	Shares / Quantity	Market Value	Weighting
TCL Electronics Holdings Limited	1070.HK	G8701T138	Consumer Discretionary	3,145,821	$3,772,257.16	1.47%
Q Technology (Group) Company Limited	1478.HK	G7306T105	Information Technology	3,427,268	$3,410,283.22	1.33%
Tigerair Taiwan Co., Ltd.	6757.TT	Y88370104	Industrials	1,238,425	$3,356,825.26	1.31%
CCC S.A.	CCC.PW	X5818P109	Consumer Discretionary	52,522	$3,179,228.07	1.24%
Fufeng Group Limited	546.HK	G36844119	Materials	3,739,331	$3,018,168.32	1.17%
Magyar Telekom Telecommunications Plc	MTELEKOM.HB	X5187V109	Communication Services	629,172	$2,975,476.32	1.16%
Johnson Health Tech Co., Ltd.	1736.TT	Y4466K107	Consumer Discretionary	466,277	$2,876,599.06	1.12%
Asia Optical Co., Inc.	3019.TT	Y0368G103	Information Technology	644,198	$2,861,404.31	1.11%
Enel Chile SA	ENELCHIL.CI	P3762G109	Utilities	42,094,101	$2,734,087.63	1.06%
Greentown China Holdings Limited	3900.HK	G4100M105	Real Estate	1,968,712	$2,695,438.53	1.05%
Asseco Poland S.A.	ACP.PW	X02540130	Information Technology	61,467	$2,511,532.85	0.98%
Bumi Armada Berhad	BAB.MK	Y10028119	Energy	20,359,500	$2,512,817.53	0.98%
Telkom SA SOC Limited	TKG.SJ	S84197102	Communication Services	1,214,105	$2,477,686.69	0.96%
Momentum Group Limited	MTM.SJ	S5S757103	Financials	1,356,959	$2,374,374.58	0.92%
Aygaz A.S.	AYGAZ.TI	M1548S101	Utilities	525,395	$2,334,942.80	0.91%
Megacable Holdings, S.A.B. de C.V. (Unit)	MEGACPO.MM	P652AE117	Communication Services	1,114,361	$2,311,589.93	0.90%
China Tobacco International (HK) Company Limited	6055.HK	Y14571106	Consumer Discretionary	720,649	$2,244,038.96	0.87%
Emlak Konut Gayrimenkul Yatirim Ortakligi A.S.	EKGYO.TI	M4030U105	Real Estate	6,600,218	$2,243,764.83	0.87%
Dogus Otomotiv Servis ve Ticaret A.S.	DOAS.TI	M28191100	Consumer Discretionary	362,424	$2,183,936.04	0.85%
Advancetek Enterprise Co., Ltd.	1442.TT	Y0018T125	Real Estate	869,096	$2,132,450.80	0.83%
Resilient REIT Ltd.	RES.SJ	S6990F105	Real Estate	680,789	$2,110,028.36	0.82%
Shenzhen International Holdings Limited	152.HK	G8086V146	Industrials	2,087,003	$2,103,350.84	0.82%
Thungela Resources Ltd.	TGA.SJ	S84485101	Energy	364,370	$2,103,644.75	0.82%
Tianneng Power International Limited	819.HK	G8655K109	Consumer Discretionary	2,276,536	$2,096,378.85	0.82%
GDS Holdings Limited (Class A)	9698.HK	G3902L109	Information Technology	659,990	$2,083,064.91	0.81%
Companhia de Saneamento do Parana (Unit)	SAPR11.BZ	P3R668101	Utilities	428,679	$2,038,174.94	0.79%
Bradespar SA (Preference)	BRAP4.BZ	P1808W104	Materials	624,999	$1,977,803.73	0.77%
Corporacion Inmobiliaria Vesta S.A.B. de C.V.	VESTA*.MM	P9781N108	Real Estate	855,846	$1,984,149.51	0.77%
Huang Hsiang Construction Corporation	2545.TT	Y3744Z100	Real Estate	989,072	$1,977,249.32	0.77%
Porto Seguro S.A.	PSSA3.BZ	P7905C107	Financials	277,290	$1,967,715.43	0.77%
Companhia de Saneamento de Minas Gerais (Copasa MG)	CSMG3.BZ	P28269101	Utilities	548,501	$1,942,337.92	0.76%
Seazen Group Limited	1030.HK	G7956A109	Real Estate	7,096,182	$1,919,427.43	0.75%
Sime Darby Berhad	SIME.MK	Y7962G108	Industrials	3,891,600	$1,929,034.68	0.75%
SINOPEC Engineering (Group) Co., Ltd. (Class H)	2386.HK	Y80359105	Industrials	2,680,409	$1,939,322.36	0.75%
The Spar Group Limited	SPP.SJ	S8050H104	Consumer Staples	295,039	$1,932,171.32	0.75%
Net Holding A.S.	NTHOL.TI	M7341L102	Consumer Discretionary	1,883,538	$1,884,490.66	0.73%
Raubex Group Limited	RBX.SJ	S68353101	Industrials	761,126	$1,860,063.02	0.72%
Minth Group Limited	425.HK	G6145U109	Consumer Discretionary	675,047	$1,832,147.25	0.71%
PT Indo Tambangraya Megah Tbk	ITMG.IJ	Y71244100	Energy	1,327,057	$1,823,889.69	0.71%
PT Perusahaan Gas Negara (Persero) Tbk	PGAS.IJ	Y7136Y118	Utilities	19,586,815	$1,817,636.04	0.71%
Mr. Price Group Limited	MRP.SJ	S5256M135	Consumer Discretionary	147,989	$1,802,351.23	0.70%
Pegasus Hava Tasimaciligi AS	PGSUS.TI	M7846J107	Industrials	265,222	$1,798,338.62	0.70%
PT Panin Financial Tbk	PNLF.IJ	Y7133P193	Financials	81,328,354	$1,787,313.47	0.70%
Bangchak Corporation Pcl	BCP.TB	Y0559Y111	Energy	1,603,700	$1,775,955.31	0.69%
Capital A Berhad	CAPITALA.MK	Y0029V101	Industrials	9,665,600	$1,778,445.55	0.69%
JHSF Participacoes SA	JHSF3.BZ	P6050T105	Real Estate	2,459,849	$1,763,500.94	0.69%
Consun Pharmaceutical Group Limited	1681.HK	G2524A103	Health Care	1,521,188	$1,752,661.38	0.68%
GCC, S.A.B. de C.V.	GCC*.MM	P4948S124	Materials	185,200	$1,735,761.24	0.68%
Marfrig Global Foods S.A.	MRFG3.BZ	P64386116	Consumer Staples	555,901	$1,742,739.20	0.68%
Star Petroleum Refining Pcl	SPRC.TB	Y8162W109	Energy	10,596,500	$1,739,272.73	0.68%
The Foschini Group Limited	TFG.SJ	S29260155	Consumer Discretionary	255,999	$1,760,253.90	0.68%
XD Inc.	2400.HK	G9830N109	Communication Services	424,023	$1,751,046.76	0.68%
Zorlu Enerji Elektrik Uretim AS	ZOREN.TI	M9895U108	Utilities	18,755,229	$1,732,014.06	0.67%
Multi Commodity Exchange of India Limited	MCX.IS	Y5S057101	Financials	27,485	$1,693,118.00	0.66%
PetroReconcavo SA	RECV3.BZ	P7S19P135	Energy	570,541	$1,659,885.27	0.65%
China Lesso Group Holdings Limited	2128.HK	G2157Q102	Industrials	3,651,171	$1,621,086.92	0.63%
MLP Saglik Hizmetleri AS	MPARK.TI	M7030H107	Health Care	194,091	$1,619,878.83	0.63%
AG Andaolu Grubu Holding A.S. (Class A)	AGHOL.TI	M9879B100	Industrials	203,585	$1,581,973.24	0.62%
Fortress Real Estate Investments Limited (Class B)	FFB.SJ	S30253108	Real Estate	1,552,993	$1,593,214.21	0.62%
Grupo SBF S.A.	SBFG3.BZ	P49796116	Consumer Discretionary	765,907	$1,588,770.39	0.62%
IOI Properties Group Bhd	IOIPG.MK	Y417A6104	Real Estate	3,610,900	$1,604,821.49	0.62%
Taiwan Paiho Limited	9938.TT	Y8431R105	Consumer Discretionary	804,806	$1,599,850.46	0.62%
Motus Holdings Limited	MTH.SJ	S5252J102	Consumer Discretionary	329,159	$1,561,146.63	0.61%
Petkim Petrokimya Holding A.S.	PETKM.TI	M7871F103	Materials	3,501,086	$1,572,325.36	0.61%
Turkiye Sinai Kalkinma Bankasi A.S.	TSKB.TI	M8973M103	Financials	5,406,107	$1,565,651.83	0.61%
Exxaro Resources Limited	EXX.SJ	S26949107	Energy	185,933	$1,541,144.57	0.60%
Sime Darby Property Bhd	SDPR.MK	Y7962J102	Real Estate	5,207,600	$1,551,702.07	0.60%
AP (Thailand) Pcl	AP.TB	Y0209X109	Real Estate	5,973,700	$1,506,343.62	0.59%
Kindom Development Co., Ltd.	2520.TT	Y4792R107	Real Estate	906,649	$1,521,575.92	0.59%
Genomma Lab Internacional, S.A.B. de C.V. (Class B)	LABB.MM	P48318102	Health Care	1,207,118	$1,502,164.44	0.58%
Newborn Town Inc.	9911.HK	G6464H101	Communication Services	1,963,744	$1,497,197.57	0.58%
361 Degrees International Limited	1361.HK	G88493104	Consumer Discretionary	2,545,214	$1,468,074.67	0.57%
Colbun S.A.	COLBUN.CI	P2867K130	Utilities	10,264,325	$1,455,706.49	0.57%
EEKA Fashion Holdings Limited	3709.HK	G53964105	Consumer Discretionary	1,499,043	$1,460,536.89	0.57%
ZhongAn Online P & C Insurance Co., Ltd. (Class H)	6060.HK	Y989DF109	Financials	909,221	$1,453,889.19	0.57%
China Conch Venture Holdings Limited	586.HK	G2116J108	Industrials	1,429,912	$1,440,496.25	0.56%
China Jinmao Holdings Group Limited	817.HK	Y1500V107	Real Estate	9,243,260	$1,450,771.01	0.56%
Genertec Universal Medical Group Company Limited	2666.HK	Y2774E102	Financials	2,137,366	$1,433,256.61	0.56%
Anadolu Efes Biracilik ve Malt Sanayii A.S.	AEFES.TI	M10225106	Consumer Staples	323,320	$1,422,416.86	0.55%
Clevo Company	2362.TT	Y1661L104	Information Technology	966,297	$1,416,784.09	0.55%
Eco World Development Group Bhd	ECW.MK	Y74998108	Real Estate	3,207,500	$1,413,923.84	0.55%
C&A Modas Ltda.	CEAB3.BZ	P1S6UB100	Consumer Discretionary	722,141	$1,383,911.36	0.54%
Kinpo Electronics Inc.	2312.TT	Y1063L108	Information Technology	2,030,560	$1,360,049.54	0.53%
PT Medco Energi Internasional Tbk	MEDC.IJ	Y7129J136	Energy	22,219,035	$1,361,878.91	0.53%
PT Pabrik Kertas Tjiwi Kimia Tbk	TKIM.IJ	Y7148G121	Materials	4,653,490	$1,361,855.26	0.53%
Bangkok Airways Public Company Limited	BA.TB	Y05966109	Industrials	2,418,500	$1,328,281.42	0.52%
C&D International Investment Group Limited	1908.HK	G3165D109	Real Estate	642,634	$1,340,001.94	0.52%
China Motor Corporation	2204.TT	Y1499J107	Consumer Discretionary	597,062	$1,329,531.41	0.52%
CITIC Telecom International Holdings Limited	1883.HK	Y1640H109	Communication Services	4,506,588	$1,336,266.36	0.52%
Sinopec Kantons Holdings Limited	934.HK	G8165U100	Energy	2,367,266	$1,324,756.96	0.52%
BAIC Motor Corporation Limited (Class H)	1958.HK	Y0506H104	Consumer Discretionary	4,806,923	$1,320,665.79	0.51%
Baticim Bati Anadolu Cimento Sanayii A.S.	BTCIM.TI	M19176102	Materials	11,294,485	$1,299,468.45	0.51%
Pou Chen Corporation	9904.TT	Y70786101	Consumer Discretionary	1,218,897	$1,302,459.54	0.51%
China Everbright Environment Group Ltd.	257.HK	Y14226107	Industrials	2,883,635	$1,281,895.48	0.50%
Sok Marketler Ticaret AS	SOKM.TI	M8T8CL101	Consumer Staples	1,315,665	$1,268,473.89	0.49%
GT Capital Holdings, Inc.	GTCAP.PM	Y29045104	Industrials	142,510	$1,233,348.40	0.48%
Isa Energia Brasil SA (Preference)	ISAE4.BZ	P30576113	Utilities	312,036	$1,215,471.41	0.47%
PT Bumi Resources Minerals Tbk	BRMS.IJ	Y711AT100	Materials	61,102,346	$1,217,304.67	0.47%
TAV Havalimanlari Holding A.S.	TAVHL.TI	M8782T109	Industrials	190,632	$1,212,978.94	0.47%
Tekfen Holding A.S.	TKFEN.TI	M8788F103	Industrials	305,133	$1,205,031.24	0.47%
PT Japfa Comfeed Indonesia Tbk	JPFA.IJ	Y71281144	Consumer Staples	9,759,402	$1,171,129.21	0.46%
PT Summarecon Agung Tbk	SMRA.IJ	Y8198G144	Real Estate	50,552,301	$1,187,283.15	0.46%
Reliance Power Limited	RPWR.IS	Y7236V105	Utilities	2,397,883	$1,193,179.32	0.46%
Central Depository Services (India) Limited	CDSL.IS	Y1R465106	Financials	81,192	$1,147,669.17	0.45%
China Water Affairs Group Limited	855.HK	G21090124	Utilities	1,378,920	$1,149,117.54	0.45%
Posiflex Technology Inc.	8114.TT	Y7026U101	Information Technology	140,217	$1,162,472.02	0.45%
Asia Aviation Pcl	AAV.TB	Y000B0100	Industrials	21,643,700	$1,126,269.14	0.44%
Metalurgica Gerdau SA (Preference)	GOAU4.BZ	P4834C118	Materials	694,367	$1,125,779.01	0.44%
Netcare Limited	NTC.SJ	S5507D108	Health Care	1,557,024	$1,118,651.29	0.44%
Regional Container Lines Pcl	RCL.TB	Y72509139	Industrials	1,659,400	$1,132,196.43	0.44%
Sunac China Holdings Limited	1918.HK	G8569A106	Real Estate	5,503,602	$1,118,518.43	0.44%
Turkiye Sise ve Cam Fabrikalari A.S. (Sisecam)	SISE.TI	M9013U105	Industrials	1,104,426	$1,120,381.97	0.44%
CanSino Biologics Inc. (Class H)	6185.HK	Y1099N102	Health Care	253,016	$1,102,925.18	0.43%
Dayang Enterprise Holdings Bhd	DEHB.MK	Y202BD104	Energy	2,518,100	$1,109,080.78	0.43%
Zhejiang Expressway Company, Ltd.	576.HK	Y9891F102	Industrials	1,324,572	$1,097,205.66	0.43%
Marcopolo SA (Preference)	POMO4.BZ	P64331112	Industrials	953,771	$1,069,532.10	0.42%
Thai Oil Pcl	TOP.TB	Y8620B101	Energy	1,457,000	$1,069,195.68	0.42%
Embotelladora Andina S.A. (Preference Class B)	ANDINAB.CI	P3697S103	Consumer Staples	275,070	$1,050,873.30	0.41%
Cyrela Brazil Realty S.A. Empreendimentos e Participacoes	CYRE3.BZ	P34085103	Consumer Discretionary	246,345	$1,039,123.64	0.40%
Far East Horizon Limited	3360.HK	Y24286109	Financials	1,267,515	$1,026,525.15	0.40%
Guan Chong Berhad	GUAN.MK	Y23839106	Consumer Staples	1,239,800	$1,029,369.03	0.40%
PT Bukit Asam Tbk	PTBA.IJ	Y8520P101	Energy	6,844,256	$1,032,889.73	0.40%
PT Jasa Marga (Persero) Tbk	JSMR.IJ	Y71285103	Industrials	4,275,925	$1,017,335.42	0.40%
Ruentex Industries Limited	2915.TT	Y7367H107	Consumer Discretionary	564,912	$1,034,394.60	0.40%
Sao Martinho S.A.	SMTO3.BZ	P8493J108	Consumer Staples	289,297	$1,040,018.89	0.40%
Sri Trang Gloves (Thailand) Pcl	STGT.TB	Y813B5139	Health Care	4,856,600	$1,023,255.12	0.40%
Anadolu Anonim Tuerk Sigorta Sirketi	ANSGR.TI	M10028104	Financials	396,425	$970,180.35	0.38%
Banco Pan SA (Preference)	BPAN4.BZ	P14996162	Financials	754,476	$970,467.13	0.38%
Orange Polska SA	OPL.PW	X5984X100	Communication Services	421,319	$969,737.35	0.38%
China Communications Services Corp. Ltd. (Class H)	552.HK	Y1436A102	Industrials	1,712,477	$954,952.34	0.37%
China Datang Corp Renewable Power Co., Ltd. (Class H)	1798.HK	Y1456S108	Utilities	3,369,636	$956,415.69	0.37%
PT Indah Kiat Pulp & Paper Tbk	INKP.IJ	Y71278116	Materials	3,249,373	$955,181.51	0.37%
Migros Ticaret A.S.	MGROS.TI	M7024Q105	Consumer Staples	70,520	$919,311.16	0.36%
Scientech Corporation	3583.TT	Y7T40T113	Information Technology	103,800	$919,439.42	0.36%
Topsports International Holdings Limited	6110.HK	G8924B104	Consumer Discretionary	2,089,934	$934,988.33	0.36%
Alliance Bank Malaysia Berhad	ABMB.MK	Y0034W102	Financials	860,100	$893,920.33	0.35%
Empresas CMPC S.A.	CMPC.CI	P3712V107	Materials	532,905	$890,532.22	0.35%
Da-Li Development Co., Ltd.	6177.TT	Y1975L105	Real Estate	599,402	$877,803.16	0.34%
Jasmine International Pcl	JAS.TB	Y44202342	Communication Services	20,045,900	$879,584.42	0.34%
3SBio, Inc.	1530.HK	G8875G102	Health Care	524,585	$827,490.02	0.32%
CGN New Energy Holdings Co., Ltd.	1811.HK	G20298108	Utilities	2,793,732	$823,599.63	0.32%
NBCC (India) Limited	NBCC.IS	Y6S14N129	Industrials	867,678	$822,915.83	0.32%
Onewo Inc. (Class H)	2602.HK		Real Estate	279,464	$826,122.71	0.32%
Shougang Fushan Resources Group Limited	639.HK	Y7760F104	Materials	2,443,909	$812,326.80	0.32%
Inter & Co, Inc. (Class A)	INTR	G4R20B107	Financials	139,375	$787,468.75	0.31%
Guangshen Railway Company Limited (Class H)	525.HK	Y2930P108	Industrials	3,234,048	$771,172.30	0.30%
Natco Pharma Limited	NTCPH.IS	Y6211C157	Health Care	82,170	$762,939.18	0.30%
Yuexiu Property Company Ltd.	123.HK	Y9863Z128	Real Estate	1,133,511	$775,894.47	0.30%
China Resources Building Materials Technology Holdings Limited	1313.HK	G2113L106	Materials	3,278,228	$747,532.94	0.29%
Mercuries Life Insurance Co., Ltd.	2867.TT	Y5S44Z102	Financials	3,889,217	$757,964.47	0.29%
TUHU Car Inc.	9690.HK	G91224108	Industrials	310,136	$735,340.21	0.29%
Supalai Pcl	SPALI.TB	Y8309K182	Real Estate	1,449,900	$723,210.71	0.28%
Ulker Biskuvi Sanayi A.S.	ULKER.TI	M90358108	Consumer Staples	226,670	$719,936.26	0.28%
Hsin Kuang Steel Co., Ltd.	2031.TT	Y3736F104	Materials	486,348	$703,370.70	0.27%
PT Timah Tbk	TINS.IJ	Y7148A124	Materials	12,167,567	$697,319.57	0.27%
Genting Berhad	GENT.MK	Y26926116	Consumer Discretionary	904,900	$660,248.36	0.26%
Mercuries & Associates Holding, Ltd.	2905.TT	Y6017H103	Financials	1,627,448	$680,735.13	0.26%
VSTECS Holdings Ltd.	856.HK	G9400C111	Information Technology	771,218	$645,552.84	0.25%
Elite Advanced Laser Corporation	3450.TT	Y22878113	Information Technology	79,179	$578,791.19	0.23%
IFIC Limited	IFCI.IS	Y8743E123	Financials	1,176,813	$585,339.60	0.23%
Cyfrowy Polsat S.A.	CPS.PW	X1809Y100	Communication Services	139,428	$565,684.20	0.22%
PT Bumi Serpong Damai Tbk	BSDE.IJ	Y7125J106	Real Estate	11,809,697	$567,833.77	0.22%
China National Building Material Company Ltd. (Class H)	3323.HK	Y15045100	Materials	1,053,786	$544,138.08	0.21%
JG Summit Holdings, Inc.	JGS.PM	Y44425117	Industrials	1,871,100	$534,920.56	0.21%
Koza Anadolu Metal Madencilik Isletmeleri A.S.	KOZAA.TI	M6411H108	Materials	231,128	$527,160.67	0.21%
BizLink Holding Inc.	3665.TT	G11474106	Industrials	31,861	$509,931.82	0.20%
EZconn Corporation	6442.TT	Y23839106	Information Technology	39,272	$512,091.63	0.20%
Global Brands Manufacture Ltd.	6191.TT	Y2714U117	Information Technology	243,174	$504,228.65	0.20%
Kingboard Holdings Limited	148.HK	G52562140	Information Technology	183,236	$520,832.70	0.20%
Sri Trang Agro-Industry Pcl	STA.TB	Y81375225	Consumer Discretionary	1,194,700	$517,016.67	0.20%
Tiger Brands Limited	TBS.SJ	S84594142	Consumer Staples	34,326	$508,291.14	0.20%
Xinhua Winshare Publishing and Media Company Ltd. (Class H)	811.HK	Y9725X105	Communication Services	357,024	$508,354.05	0.20%
Cury Construtora e Incorporadora S.A.	CURY3.BZ	P3R15G105	Consumer Discretionary	113,036	$486,418.97	0.19%
Pick n Pay Stores Limited	PIK.SJ	S60947108	Consumer Staples	309,637	$475,141.35	0.18%
China Overseas Grand Oceans Group Limited	81.HK	Y1505S117	Real Estate	1,708,534	$431,735.00	0.17%
Poly Property Services Co., Ltd. (Class H)	6049.HK	Y6S9JU104	Real Estate	104,670	$439,579.70	0.17%
China Nonferrous Mining Corporation Limited	1258.HK	Y13982106	Materials	562,191	$409,586.20	0.16%
China Resources Medical Holdings Company Limited	1515.HK	G2133W108	Health Care	830,810	$406,831.87	0.16%
Hyprop Investments Limited	HYP.SJ	S3723H102	Real Estate	173,792	$400,122.81	0.16%
Usinas Siderurgicas de Minas Gerais S.A. (Usiminas) (Peference A)	USIM5.BZ	P9632E117	Materials	405,047	$402,178.32	0.16%
Xtep International Holdings Limited	1368.HK	G98277109	Consumer Discretionary	596,790	$405,919.98	0.16%
Cheng Uei Precision Industry Co., Ltd. (Foxlink)	2392.TT	Y13077105	Information Technology	228,425	$397,173.60	0.15%
Energisa SA (Units)	ENGI11.BZ	P3769S114	Utilities	56,430	$395,249.01	0.15%
Greentown Management Holdings Company Limited	9979.HK	G4102M103	Industrials	971,922	$390,322.41	0.15%
M Dias Branco S.A. Industria e Comercio de Aliementos	MDIA3.BZ	P64876108	Consumer Staples	99,195	$385,876.95	0.15%
Old Mutual Limited	OMU.SJ	S5790B132	Financials	583,789	$383,339.52	0.15%
Sincere Navigation Corporation	2605.TT	Y7991E108	Industrials	491,228	$379,785.06	0.15%
Tung Ho Steel Enterprise Corporation	2006.TT	Y90030100	Materials	185,451	$392,828.15	0.15%
ChipMOS TECHNOLOGIES INC.	8150.TT	Y1566L100	Information Technology	391,672	$351,068.15	0.14%
Goldsun Building Materials Co., Ltd.	2504.TT	Y50552101	Materials	280,836	$354,103.46	0.14%
Sansiri Pcl	SIRI.TB	Y7511B295	Real Estate	7,818,900	$357,437.45	0.14%
IJM Corporation Bhd	IJM.MK	Y3882M101	Industrials	653,200	$306,203.52	0.12%
Mavi Giyim Sanayi ve Ticaret SA (Class B)	MAVI.TI	M68551114	Consumer Discretionary	175,908	$320,384.22	0.12%
Tupy S.A.	TUPY3.BZ	P9414P108	Industrials	98,308	$307,169.84	0.12%
Vestel Elektronik Sanayi ve Ticaret A.S.	VESTL.TI	M9747B100	Consumer Discretionary	246,190	$316,772.02	0.12%
PT Semen Indonesia (Persero) Tbk	SMGR.IJ	Y7142G168	Materials	1,854,029	$293,288.21	0.11%
Banpu Public Company Limited	BANPU.TB	Y069A8133	Energy	2,118,300	$260,279.52	0.10%
PTT Global Chemical Pcl	PTTGC.TB	Y7150W113	Materials	497,800	$256,290.55	0.10%
Thai Baht	$THB		Other	7,552,072	$222,532.09	0.09%
China Education Group Holdings Limited	839.HK	G2163M103	Consumer Discretionary	660,308	$209,784.77	0.08%
Energy Absolute Pcl	EA.TB	Y2290P151	Utilities	3,337,200	$205,368.93	0.08%
US Dollar	$USD		Other	131,658	$131,658.00	0.05%
Zloty	$PLN		Other	376,126	$97,454.65	0.04%
Malaysian Ringgit	$MYR		Other	345,667	$77,954.69	0.03%
Brazilian Real	$BRL		Other	251,718	$43,707.05	0.02%
New Turkish Lira	$TRY		Other	1,498,487	$39,420.37	0.02%
South African Rand	$ZAR		Other	946,417	$51,355.60	0.02%
Hong Kong Dollar	$HKD		Other	165,717	$21,304.20	0.01%
Indian Rupee	$INR		Other	1,503,940	$17,596.12	0.01%
New Taiwan Dollar	$TWD		Other	586,294	$17,700.52	0.01%
Chilean Peso	$CLP		Other	2	$0.00	0.00%
China Metal Recycling (Holdings) Limited	773.HK	G21131100	Materials	11,550	$0.00	0.00%
China Zhongwang Holdings Ltd.	1333.HK	G215AT102	Materials	3,171,951	$0.00	0.00%
Egyptian Pound	$EGP		Other	9,136	$180.66	0.00%
Euro	$EUR		Other	1	$0.79	0.00%
Federal Grid Co Unified Energy System PJSC	FEES.RM	X2393G109	Utilities	653,736,712	$0.00	0.00%
Forint	$HUF		Other	8	$0.02	0.00%
Mechel PJSC	MTLR.RM	X8487H101	Materials	580,351	$0.00	0.00%
Mexican Peso	$MXN		Other	1	$0.06	0.00%
Nuevo Sol	$PEN		Other	2	$0.48	0.00%
Philippine Peso	$PHP		Other	0	$0.00	0.00%
Russian Ruble	$RUB		Other	0	$0.00	0.00%

Holdings are subject to change.

The holdings information set forth above for the date indicated reflects creation and redemption transactions from the prior business day and may differ from the holdings information currently available from the Fund's custodian and accounting agent. With respect to the market value of the Fund's holdings set forth above, the pricing sources are generally third party vendors. The Fund ultimately relies on pricing information provided by the Fund's accounting agent.